Meridian Financial Advisors, LLC: 13F Holdings & AI Insights

CIK: 0002032629

Diversified strategyMomentum followerQuality / disciplined sizing

Total reported value

$183.0M

Reporting period: 2026-03-31 · Number of holdings: 141

Meridian Financial Advisors, LLC disclosed 141 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $183.0M and a quarterly turnover rate of 9.0%.

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Personality snowflake

Concentration: 9.55
Portfolio Stability: 8.96
Momentum/Contrarian: 100
Sector conviction: 67.08
Diversification: 100
Sizing Uniformity: 84.56

Meridian Financial Advisors, LLC's disclosed holdings carry a Herfindahl concentration index of 0.024 — mathematically equivalent to about 42 equally-sized positions, well below its 141 actual disclosed holdings. That gap points to a strategy built around a small core of high-conviction bets rather than broad diversification.

Position sizes vary widely across the portfolio (a coefficient of variation of 1.54), with a handful of outsized bets alongside many smaller positions.

No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.

Sector classification currently covers about 9% of this portfolio's disclosed value; the remainder includes holdings (e.g. unmapped tickers, options, or other security types) not yet covered by our sector mapping.

Recent moves

Trim MSFT
-7.0%　-$1.0M
Add SCHD
-2.8%　$837.7K
Trim QQQ
-3.9%　-$883.2K
Add RWL
+36.5%　$738.4K
Add DGRW
+14.3%　$539.7K
Trim IVV
-0.0%　-$477.9K

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	SCHD	Schwab US Dvd Equity ETF	ETF-Other	5.69%	+0.48%	-2.77%
2	JPST	Jpmorgan Ultra-short Income	ETF-Other	5.54%	-0.08%	-1.91%
3	IVV	Ishares Core S&p 500 ETF	ETF-Large Cap & Growth	5.35%	-0.24%	-0.02%
4	DGRO	Ishares Core Dividend Growth	ETF-Other	4.73%	+0.07%	+0.17%
5	QQQ	Invesco Qqq Trust Series 1	ETF-Tech	4.51%	-0.46%	-3.86%
6	IJR	Ishares Core S&p Small-cap E	ETF-Small Cap	3.99%	-0.08%	-5.58%
7	IJH	Ishares Core S&p Midcap ETF	ETF-Other	3.77%	-0.09%	-4.94%
8	SPYM	Ste Str Spdr Pt S&p 500 ETF	ETF-Large Cap & Growth	3.11%	—	+4.31%
9	DGRW	Wisdomtree U.s. Quality Divi	ETF-Other	2.70%	+0.30%	+14.29%
10	VO	Vanguard Mid-cap ETF	ETF-Other	2.52%	-0.09%	-2.82%
11	RSP	Invesco S&p 500 Equal Weight	ETF-Large Cap & Growth	2.12%	-0.07%	-3.50%
12	SDY	Ss Spdr S&p Dividend ETF	ETF-Other	2.00%	—	-4.41%
13	QQQM	Invesco Nasdaq 100 ETF	ETF-Tech	1.99%	—	+7.75%
14	VB	Vanguard Small-cap ETF	ETF-Other	1.89%	—	-3.06%
15	SPSM	Ss Spdr P S&p 600 Small Cap	ETF-Small Cap	1.75%	+0.10%	+2.43%
16	RWL	Invesco S&p 500 Revenue ETF	ETF-Large Cap & Growth	1.50%	+0.41%	+36.49%
17	VCSH	Vanguard S/t CORP Bond ETF	ETF-Corp Bonds	1.49%	+0.06%	+4.44%
18	MSFT	Microsoft CORP	Stock-Tech	1.35%	-0.54%	-7.02%
19	VIG	Vanguard Dividend Apprec ETF	ETF-Other	1.19%	—	-1.79%
20	VOT	Vanguard Mid-cap Growth ETF	ETF-Other	1.17%	-0.17%	-5.29%
21	SPHQ	Invesco S&p 500 Quality ETF	ETF-Large Cap & Growth	1.16%	—	+2.06%
22	RIGS	Alps Strategic Incme Fd-usdi	ETF-Other	1.15%	—	-1.20%
23	SPYG	Ss Spdr P S&p 500 Growth ETF	ETF-Large Cap & Growth	1.10%	-0.14%	-3.71%
24	SPMD	Ss Spdr P S&p 400 Midcap ETF	ETF-Other	1.02%	—	+1.09%
25	SPSB	Ss Spdr P St C CORP ETF	ETF-Other	0.99%	—	+4.20%
26	LVHI	Franklin International Low V	ETF-Other	0.97%	+0.19%	+12.95%
27	AAPL	Apple INC	Stock-Tech	0.96%	-0.08%	-0.90%
28	MRK	Merck & Co. INC.	Stock-Healthcare	0.96%	+0.07%	-6.08%
29	SPY	Ss Spdr S&p 500 ETF Trust-us	ETF-Large Cap & Growth	0.92%	-0.13%	-8.15%
30	MDY	State Street Spdr S&p Midcap	ETF-Other	0.89%	-0.14%	-15.24%
31	VBK	Vanguard Small-cap Grwth ETF	ETF-Other	0.86%	—	-4.83%
32	SCHF	Schwab Intl Equity ETF	ETF-Other	0.83%	+0.14%	+15.36%
33	ICLO	Invesco Aaa Clo F/r Note ETF	ETF-Other	0.80%	+0.19%	+29.70%
34	SLYV	Ss Spdr S&p 600 Sc Val ETF	ETF-Other	0.73%	—	—
35	VBR	Vanguard Small-cap Value ETF	ETF-Other	0.71%	—	-0.27%
36	JEPI	Jpmorgan Equity Premium Inco	ETF-Other	0.65%	+0.11%	+21.01%
37	VOO	Vanguard S&p 500 ETF	ETF-Large Cap & Growth	0.64%	—	-0.15%
38	XLU	St Sr Utl Sl Se Spdr Etf-usd	ETF-Other	0.60%	—	-0.83%
39	SPLV	Invesco S&p 500 Low Volatili	ETF-Large Cap & Growth	0.59%	—	-1.57%
40	IUSG	Ishares Core S&p U.s. Growth	ETF-Other	0.59%	—	+6.12%
41	VCIT	Vanguard Int-term Corporate	ETF-Corp Bonds	0.56%	—	+1.45%
42	AMZN	Amazon.com INC	Stock-Consumer Disc	0.55%	-0.05%	+0.44%
43	DON	Wisdomtree US Midcap Dividen	ETF-Other	0.53%	—	-8.00%
44	CSCO	Cisco Systems INC	Stock-Tech	0.53%	—	-1.71%
45	SPIB	Ss Spdr P Int C CORP ETF	ETF-Other	0.50%	—	+2.93%
46	IEMG	Ishares Core Msci Emerging	ETF-Emerging Markets	0.49%	+0.19%	+57.12%
47	VYMI	Vanguard Int High Dvd Yld In	ETF-Other	0.48%	—	-4.21%
48	JPM	Jpmorgan Chase & Co	Stock-Financials	0.46%	—	-0.10%
49	IJJ	Ishares S&p Mid-cap 400 Valu	ETF-Other	0.46%	—	-2.85%
50	FBCG	Fidelity Blue Chip Grow ETF	ETF-Other	0.43%	-0.09%	-9.28%

1–50 of 141

Portfolio Performance

Performance for Q3 2026

+3.7%

Performance Last 4 Quarters

+19.2%

Based on 75% of reported portfolio value with available pricing

Stdev: +10.9%
Beta: +0.77
Alpha: -0.8%
Max Drawdown: -8.1%
Annualized Perf: +13.7%
Batting Avg vs S&P: +36.1%
Sortino: +2.35
Stutzer: +0.36
Treynor: +0.17
Sterling: +0.84
Calmar: +1.69
Information Ratio: -0.99
Tracking Error: +5%
Stdev Down: +5.7%
Winning Months %: +66.7%
Losing Months %: +33.3%
Best 12 Months: +27.8%
Worst 12 Months: +5.4%
Efficiency Ratio: +0.47
Sharpe: +1.24
Stdev Sectors: +11.1%
Skewness: -0.09
Kurtosis: -0.65
Upside Potential: +4.06

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2026-03-31	141	$183.0M	9	1SCHD 2JPST 3IVV Top holdings2026-03-31 1.SCHD 2.JPST 3.IVV 4.DGRO 5.QQQ 6.IJR 7.IJH 8.SPYM 9.DGRW 10.VO
2025-12-31	142	$183.6M	8	1JPST 2IVV 3SCHD Top holdings2025-12-31 1.JPST 2.IVV 3.SCHD 4.QQQ 5.DGRO 6.IJR 7.IJH 8.SPYM 9.VO 10.DGRW
2025-09-30	140	$177.5M	24	1JPST 2IVV 3SCHD Top holdings2025-09-30 1.JPST 2.IVV 3.SCHD 4.QQQ 5.DGRO 6.IJR 7.IJH 8.VO 9.SPYM 10.RSP
2025-06-30	127	$154.5M	0	1JPST 2SCHD 3IVV Top holdings2025-06-30 1.JPST 2.SCHD 3.IVV 4.DGRO 5.IJR 6.IJH 7.VO 8.SPYM 9.RSP 10.SDY
2025-03-31	121	$142.5M	0	1SCHD 2JPST 3IVV Top holdings2025-03-31 1.SCHD 2.JPST 3.IVV 4.IJR 5.DGRO 6.IJH 7.VO 8.SPYM 9.RSP 10.SDY
2024-12-31	119	$144.8M	0	1SCHD 2JPST 3IVV Top holdings2024-12-31 1.SCHD 2.JPST 3.IVV 4.IJR 5.IJH 6.DGRO 7.VO 8.SPYM 9.RSP 10.VB
2024-09-30	126	$149.7M	0	1SCHD 2JPST 3IVV Top holdings2024-09-30 1.SCHD 2.JPST 3.IVV 4.IJR 5.IJH 6.DGRO 7.VO 8.SPYM 9.MSFT 10.SDY
2024-06-30	120	$138.0M	0	1JPST 2SCHD 3IVV Top holdings2024-06-30 1.JPST 2.SCHD 3.IVV 4.IJR 5.IJH 6.DGRO 7.VO 8.MSFT 9.SPYM 10.VB
2024-03-31	121	$134.0M	0	1SCHD 2JPST 3IVV Top holdings2024-03-31 1.SCHD 2.JPST 3.IVV 4.IJR 5.IJH 6.DGRO 7.VO 8.MSFT 9.VB 10.SPYM
2023-12-31	114	$127.2M	0	1JPST 2SCHD 3IVV Top holdings2023-12-31 1.JPST 2.SCHD 3.IVV 4.IJR 5.IJH 6.QQQ 7.DGRO 8.VO 9.MSFT 10.VB
2023-09-30	94	$107.4M	0	1JPST 2SCHD 3IVV Top holdings2023-09-30 1.JPST 2.SCHD 3.IVV 4.IJR 5.IJH 6.QQQ 7.DGRO 8.VO 9.VB 10.SPYM
2023-06-30	100	$110.8M	—	1JPST 2SCHD 3IVV Top holdings2023-06-30 1.JPST 2.SCHD 3.IVV 4.IJR 5.IJH 6.QQQ 7.DGRO 8.VO 9.VB 10.SPYM
2023-03-31	96	$102.9M	—	1JPST 2SCHD 3IJR Top holdings2023-03-31 1.JPST 2.SCHD 3.IJR 4.IVV 5.IJH 6.DGRO 7.QQQ 8.VO 9.VB 10.SPYM
2022-12-31	89	$95.0M	—	1JPST 2SCHD 3IJR Top holdings2022-12-31 1.JPST 2.SCHD 3.IJR 4.IVV 5.IJH 6.DGRO 7.VO 8.QQQ 9.VB 10.MRK
2022-09-30	84	$86.0M	—	1JPST 2SCHD 3IJR Top holdings2022-09-30 1.JPST 2.SCHD 3.IJR 4.IVV 5.IJH 6.DGRO 7.QQQ 8.VO 9.VB 10.SPYM
2022-06-30	88	$88.9M	—	1JPST 2SCHD 3IJR Top holdings2022-06-30 1.JPST 2.SCHD 3.IJR 4.IVV 5.IJH 6.DGRO 7.QQQ 8.VO 9.VB 10.VOT
2022-03-31	90	$96.4M	—	1JPST 2IJR 3SCHD Top holdings2022-03-31 1.JPST 2.IJR 3.SCHD 4.IVV 5.IJH 6.DGRO 7.VO 8.VB 9.VOT 10.MSFT
2021-12-31	99	$107.1M	—	1IJR 2IVV 3IJH Top holdings2021-12-31 1.IJR 2.IVV 3.IJH 4.JPST 5.SCHD 6.DGRO 7.VCSH 8.VO 9.VOT 10.VB

Holding changes this quarter

Meridian Financial Advisors, LLC's most significant position changes for 2026-03-31: New buy: Ishares Core Msci Eafe ETF (IEFA); New buy: Invesco Int Dvlp Dyn Multi (IMFL); New buy: Invesco Total Return Bond Et (GTO); Sold out: Alnylam Pharmaceuticals INC (ALNY); New buy: JPM Nasdaq Equity Premium (JEPQ).

Position changes disclosed by Meridian Financial Advisors, LLC for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	SCHD	Schwab US Dvd Equity ETF	+0.5%	-2.77%	Trim
2	RWL	Invesco S&p 500 Revenue ETF	+0.4%	+36.49%	Add
3	DGRW	Wisdomtree U.s. Quality Divi	+0.3%	+14.29%	Add
4	LVHI	Franklin International Low V	+0.2%	+12.95%	Add
5	IEMG	Ishares Core Msci Emerging	+0.2%	+57.12%	Add
6	ICLO	Invesco Aaa Clo F/r Note ETF	+0.2%	+29.70%	Add
7	IDMO	Invesco S&p International De	+0.1%	+75.07%	Add
8	SCHF	Schwab Intl Equity ETF	+0.1%	+15.36%	Add
9	JEPI	Jpmorgan Equity Premium Inco	+0.1%	+21.01%	Add
10	SPSM	Ss Spdr P S&p 600 Small Cap	+0.1%	+2.43%	Add
11	JMST	JPM Ultra-short Muni Income	+0.1%	+48.02%	Add
12	MRK	Merck & Co. INC.	+0.1%	-6.08%	Trim
13	LMT	Lockheed Martin CORP	+0.1%	—	Unchanged
14	DGRO	Ishares Core Dividend Growth	+0.1%	+0.17%	Add
15	FALN	Ishares Fallen Angels ETF	+0.1%	+24.95%	Add
16	XLE	Ss Energy Select Sector	+0.1%	+4.81%	Add
17	CVX	Chevron CORP	+0.1%	—	Unchanged
18	VCSH	Vanguard S/t CORP Bond ETF	+0.1%	+4.44%	Add
19	SPMO	Invesco S&p 500 Momentum ETF	+0.1%	+34.78%	Add
20	AMZN	Amazon.com INC	-0.1%	+0.44%	Add
21	UTHR	United Therapeutics CORP	-0.1%	-42.03%	Trim
22	GOOG	Alphabet Inc-cl C	-0.1%	-4.16%	Trim
23	IBM	Intl Business Machines CORP	-0.1%	-3.34%	Trim
24	RSP	Invesco S&p 500 Equal Weight	-0.1%	-3.50%	Trim
25	JPST	Jpmorgan Ultra-short Income	-0.1%	-1.91%	Trim
26	IJR	Ishares Core S&p Small-cap E	-0.1%	-5.58%	Trim
27	AAPL	Apple INC	-0.1%	-0.90%	Trim
28	IJH	Ishares Core S&p Midcap ETF	-0.1%	-4.94%	Trim
29	VO	Vanguard Mid-cap ETF	-0.1%	-2.82%	Trim
30	FBCG	Fidelity Blue Chip Grow ETF	-0.1%	-9.28%	Trim
31	SPY	Ss Spdr S&p 500 ETF Trust-us	-0.1%	-8.15%	Trim
32	SPYG	Ss Spdr P S&p 500 Growth ETF	-0.1%	-3.71%	Trim
33	MDY	State Street Spdr S&p Midcap	-0.1%	-15.24%	Trim
34	RDDT	Reddit Inc-cl A	-0.1%	-9.61%	Trim
35	VOT	Vanguard Mid-cap Growth ETF	-0.2%	-5.29%	Trim
36	IVV	Ishares Core S&p 500 ETF	-0.2%	-0.02%	Trim
37	QQQ	Invesco Qqq Trust Series 1	-0.5%	-3.86%	Trim
38	MSFT	Microsoft CORP	-0.5%	-7.02%	Trim
39	IEFA	Ishares Core Msci Eafe ETF	—	NEW	New buy
40	IMFL	Invesco Int Dvlp Dyn Multi	—	NEW	New buy
41	GTO	Invesco Total Return Bond Et	—	NEW	New buy
42	ALNY	Alnylam Pharmaceuticals INC	—	EXIT	Sold out
43	JEPQ	JPM Nasdaq Equity Premium	—	NEW	New buy
44	XOM	Exxon Mobil CORP	—	NEW	New buy
45	VTEB	Vanguard Tax-exempt Bond ETF	—	NEW	New buy
46	BLOK	Amplify Blockchain Tech ETF	—	EXIT	Sold out
47	CYTK	Cytokinetics INC	—	EXIT	Sold out
48	IWF	Ishares Russell 1000 Growth	—	EXIT	Sold out
49	CIBR	First Trust Nasdaq Cybersecu	—	EXIT	Sold out
50	IEV	Ishares Europe ETF	—	EXIT	Sold out

Filing History

Period	Filed	Type	EDGAR
2026-03-31	2026-04-21	13F-HR	View on EDGAR
2025-12-31	2026-01-23	13F-HR	View on EDGAR
2025-09-30	2025-10-20	13F-HR	View on EDGAR
2025-06-30	2025-07-16	13F-HR	View on EDGAR
2025-03-31	2025-04-25	13F-HR	View on EDGAR
2024-12-31	2025-01-15	13F-HR	View on EDGAR
2024-09-30	2024-10-15	13F-HR	View on EDGAR
2024-06-30	2024-08-13	13F-HR	View on EDGAR
2024-03-31	2024-08-13	13F-HR	View on EDGAR
2023-12-31	2024-08-13	13F-HR	View on EDGAR
2023-09-30	2024-08-13	13F-HR	View on EDGAR
2023-06-30	2024-08-13	13F-HR	View on EDGAR
2023-03-31	2024-08-13	13F-HR	View on EDGAR
2022-12-31	2024-08-13	13F-HR	View on EDGAR
2022-09-30	2024-08-13	13F-HR	View on EDGAR
2022-06-30	2024-08-13	13F-HR	View on EDGAR
2022-03-31	2024-08-13	13F-HR	View on EDGAR
2021-12-31	2024-08-13	13F-HR	View on EDGAR

FAQ

What is Meridian Financial Advisors, LLC and what type of investor is it?

Meridian Financial Advisors, LLC is an investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $183.0M, spread across 141 disclosed positions.

What are Meridian Financial Advisors, LLC's largest equity positions?

Based on the latest 13F filing, Meridian Financial Advisors, LLC's top holdings by market value are: 1. Schwab US Dvd Equity ETF (SCHD) — $10.4M (5.7%) 2. Jpmorgan Ultra-short Income (JPST) — $10.1M (5.5%) 3. Ishares Core S&p 500 ETF (IVV) — $9.8M (5.3%) 4. Ishares Core Dividend Growth (DGRO) — $8.7M (4.7%) 5. Invesco Qqq Trust Series 1 (QQQ) — $8.2M (4.5%)

What changes did Meridian Financial Advisors, LLC make in its most recent portfolio filing?

In the latest reported quarter, Meridian Financial Advisors, LLC made 48 notable position adjustments: 6 new positions were initiated, 16 existing holdings were added to, 20 positions were partially reduced, and 6 were completely exited. The largest of these moves: New buy: Ishares Core Msci Eafe ETF (IEFA); New buy: Invesco Int Dvlp Dyn Multi (IMFL); New buy: Invesco Total Return Bond Et (GTO); Sold out: Alnylam Pharmaceuticals INC (ALNY); New buy: JPM Nasdaq Equity Premium (JEPQ)

What sectors does Meridian Financial Advisors, LLC focus on?

Meridian Financial Advisors, LLC is concentrated in the following sectors based on its current disclosed equity portfolio: • Information Technology: 39.7% • Health Care: 16.8% • Financials: 11.5% • Communication Services: 10.8% • Consumer Discretionary: 8.4% • Industrials: 6.2%

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Meridian Financial Advisors, LLC: 13F Holdings & AI Insights

CIK: 0002032629

Diversified strategyMomentum followerQuality / disciplined sizing

Total reported value

$183.0M

Reporting period: 2026-03-31 · Number of holdings: 141

Meridian Financial Advisors, LLC disclosed 141 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $183.0M and a quarterly turnover rate of 9.0%.

Browse other institutions with $100M to $1B AUM Browse other institutions starting with "M"

Personality snowflake

Concentration: 9.55
Portfolio Stability: 8.96
Momentum/Contrarian: 100
Sector conviction: 67.08
Diversification: 100
Sizing Uniformity: 84.56

Position sizes vary widely across the portfolio (a coefficient of variation of 1.54), with a handful of outsized bets alongside many smaller positions.

No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.

Recent moves

Trim MSFT
-7.0%　-$1.0M
Add SCHD
-2.8%　$837.7K
Trim QQQ
-3.9%　-$883.2K
Add RWL
+36.5%　$738.4K
Add DGRW
+14.3%　$539.7K
Trim IVV
-0.0%　-$477.9K

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	SCHD	Schwab US Dvd Equity ETF	ETF-Other	5.69%	+0.48%	-2.77%
2	JPST	Jpmorgan Ultra-short Income	ETF-Other	5.54%	-0.08%	-1.91%
3	IVV	Ishares Core S&p 500 ETF	ETF-Large Cap & Growth	5.35%	-0.24%	-0.02%
4	DGRO	Ishares Core Dividend Growth	ETF-Other	4.73%	+0.07%	+0.17%
5	QQQ	Invesco Qqq Trust Series 1	ETF-Tech	4.51%	-0.46%	-3.86%
6	IJR	Ishares Core S&p Small-cap E	ETF-Small Cap	3.99%	-0.08%	-5.58%
7	IJH	Ishares Core S&p Midcap ETF	ETF-Other	3.77%	-0.09%	-4.94%
8	SPYM	Ste Str Spdr Pt S&p 500 ETF	ETF-Large Cap & Growth	3.11%	—	+4.31%
9	DGRW	Wisdomtree U.s. Quality Divi	ETF-Other	2.70%	+0.30%	+14.29%
10	VO	Vanguard Mid-cap ETF	ETF-Other	2.52%	-0.09%	-2.82%
11	RSP	Invesco S&p 500 Equal Weight	ETF-Large Cap & Growth	2.12%	-0.07%	-3.50%
12	SDY	Ss Spdr S&p Dividend ETF	ETF-Other	2.00%	—	-4.41%
13	QQQM	Invesco Nasdaq 100 ETF	ETF-Tech	1.99%	—	+7.75%
14	VB	Vanguard Small-cap ETF	ETF-Other	1.89%	—	-3.06%
15	SPSM	Ss Spdr P S&p 600 Small Cap	ETF-Small Cap	1.75%	+0.10%	+2.43%
16	RWL	Invesco S&p 500 Revenue ETF	ETF-Large Cap & Growth	1.50%	+0.41%	+36.49%
17	VCSH	Vanguard S/t CORP Bond ETF	ETF-Corp Bonds	1.49%	+0.06%	+4.44%
18	MSFT	Microsoft CORP	Stock-Tech	1.35%	-0.54%	-7.02%
19	VIG	Vanguard Dividend Apprec ETF	ETF-Other	1.19%	—	-1.79%
20	VOT	Vanguard Mid-cap Growth ETF	ETF-Other	1.17%	-0.17%	-5.29%
21	SPHQ	Invesco S&p 500 Quality ETF	ETF-Large Cap & Growth	1.16%	—	+2.06%
22	RIGS	Alps Strategic Incme Fd-usdi	ETF-Other	1.15%	—	-1.20%
23	SPYG	Ss Spdr P S&p 500 Growth ETF	ETF-Large Cap & Growth	1.10%	-0.14%	-3.71%
24	SPMD	Ss Spdr P S&p 400 Midcap ETF	ETF-Other	1.02%	—	+1.09%
25	SPSB	Ss Spdr P St C CORP ETF	ETF-Other	0.99%	—	+4.20%
26	LVHI	Franklin International Low V	ETF-Other	0.97%	+0.19%	+12.95%
27	AAPL	Apple INC	Stock-Tech	0.96%	-0.08%	-0.90%
28	MRK	Merck & Co. INC.	Stock-Healthcare	0.96%	+0.07%	-6.08%
29	SPY	Ss Spdr S&p 500 ETF Trust-us	ETF-Large Cap & Growth	0.92%	-0.13%	-8.15%
30	MDY	State Street Spdr S&p Midcap	ETF-Other	0.89%	-0.14%	-15.24%
31	VBK	Vanguard Small-cap Grwth ETF	ETF-Other	0.86%	—	-4.83%
32	SCHF	Schwab Intl Equity ETF	ETF-Other	0.83%	+0.14%	+15.36%
33	ICLO	Invesco Aaa Clo F/r Note ETF	ETF-Other	0.80%	+0.19%	+29.70%
34	SLYV	Ss Spdr S&p 600 Sc Val ETF	ETF-Other	0.73%	—	—
35	VBR	Vanguard Small-cap Value ETF	ETF-Other	0.71%	—	-0.27%
36	JEPI	Jpmorgan Equity Premium Inco	ETF-Other	0.65%	+0.11%	+21.01%
37	VOO	Vanguard S&p 500 ETF	ETF-Large Cap & Growth	0.64%	—	-0.15%
38	XLU	St Sr Utl Sl Se Spdr Etf-usd	ETF-Other	0.60%	—	-0.83%
39	SPLV	Invesco S&p 500 Low Volatili	ETF-Large Cap & Growth	0.59%	—	-1.57%
40	IUSG	Ishares Core S&p U.s. Growth	ETF-Other	0.59%	—	+6.12%
41	VCIT	Vanguard Int-term Corporate	ETF-Corp Bonds	0.56%	—	+1.45%
42	AMZN	Amazon.com INC	Stock-Consumer Disc	0.55%	-0.05%	+0.44%
43	DON	Wisdomtree US Midcap Dividen	ETF-Other	0.53%	—	-8.00%
44	CSCO	Cisco Systems INC	Stock-Tech	0.53%	—	-1.71%
45	SPIB	Ss Spdr P Int C CORP ETF	ETF-Other	0.50%	—	+2.93%
46	IEMG	Ishares Core Msci Emerging	ETF-Emerging Markets	0.49%	+0.19%	+57.12%
47	VYMI	Vanguard Int High Dvd Yld In	ETF-Other	0.48%	—	-4.21%
48	JPM	Jpmorgan Chase & Co	Stock-Financials	0.46%	—	-0.10%
49	IJJ	Ishares S&p Mid-cap 400 Valu	ETF-Other	0.46%	—	-2.85%
50	FBCG	Fidelity Blue Chip Grow ETF	ETF-Other	0.43%	-0.09%	-9.28%

1–50 of 141

Portfolio Performance

Performance for Q3 2026

+3.7%

Performance Last 4 Quarters

+19.2%

Based on 75% of reported portfolio value with available pricing

Stdev: +10.9%
Beta: +0.77
Alpha: -0.8%
Max Drawdown: -8.1%
Annualized Perf: +13.7%
Batting Avg vs S&P: +36.1%
Sortino: +2.35
Stutzer: +0.36
Treynor: +0.17
Sterling: +0.84
Calmar: +1.69
Information Ratio: -0.99
Tracking Error: +5%
Stdev Down: +5.7%
Winning Months %: +66.7%
Losing Months %: +33.3%
Best 12 Months: +27.8%
Worst 12 Months: +5.4%
Efficiency Ratio: +0.47
Sharpe: +1.24
Stdev Sectors: +11.1%
Skewness: -0.09
Kurtosis: -0.65
Upside Potential: +4.06

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2026-03-31	141	$183.0M	9	1SCHD 2JPST 3IVV Top holdings2026-03-31 1.SCHD 2.JPST 3.IVV 4.DGRO 5.QQQ 6.IJR 7.IJH 8.SPYM 9.DGRW 10.VO
2025-12-31	142	$183.6M	8	1JPST 2IVV 3SCHD Top holdings2025-12-31 1.JPST 2.IVV 3.SCHD 4.QQQ 5.DGRO 6.IJR 7.IJH 8.SPYM 9.VO 10.DGRW
2025-09-30	140	$177.5M	24	1JPST 2IVV 3SCHD Top holdings2025-09-30 1.JPST 2.IVV 3.SCHD 4.QQQ 5.DGRO 6.IJR 7.IJH 8.VO 9.SPYM 10.RSP
2025-06-30	127	$154.5M	0	1JPST 2SCHD 3IVV Top holdings2025-06-30 1.JPST 2.SCHD 3.IVV 4.DGRO 5.IJR 6.IJH 7.VO 8.SPYM 9.RSP 10.SDY
2025-03-31	121	$142.5M	0	1SCHD 2JPST 3IVV Top holdings2025-03-31 1.SCHD 2.JPST 3.IVV 4.IJR 5.DGRO 6.IJH 7.VO 8.SPYM 9.RSP 10.SDY
2024-12-31	119	$144.8M	0	1SCHD 2JPST 3IVV Top holdings2024-12-31 1.SCHD 2.JPST 3.IVV 4.IJR 5.IJH 6.DGRO 7.VO 8.SPYM 9.RSP 10.VB
2024-09-30	126	$149.7M	0	1SCHD 2JPST 3IVV Top holdings2024-09-30 1.SCHD 2.JPST 3.IVV 4.IJR 5.IJH 6.DGRO 7.VO 8.SPYM 9.MSFT 10.SDY
2024-06-30	120	$138.0M	0	1JPST 2SCHD 3IVV Top holdings2024-06-30 1.JPST 2.SCHD 3.IVV 4.IJR 5.IJH 6.DGRO 7.VO 8.MSFT 9.SPYM 10.VB
2024-03-31	121	$134.0M	0	1SCHD 2JPST 3IVV Top holdings2024-03-31 1.SCHD 2.JPST 3.IVV 4.IJR 5.IJH 6.DGRO 7.VO 8.MSFT 9.VB 10.SPYM
2023-12-31	114	$127.2M	0	1JPST 2SCHD 3IVV Top holdings2023-12-31 1.JPST 2.SCHD 3.IVV 4.IJR 5.IJH 6.QQQ 7.DGRO 8.VO 9.MSFT 10.VB
2023-09-30	94	$107.4M	0	1JPST 2SCHD 3IVV Top holdings2023-09-30 1.JPST 2.SCHD 3.IVV 4.IJR 5.IJH 6.QQQ 7.DGRO 8.VO 9.VB 10.SPYM
2023-06-30	100	$110.8M	—	1JPST 2SCHD 3IVV Top holdings2023-06-30 1.JPST 2.SCHD 3.IVV 4.IJR 5.IJH 6.QQQ 7.DGRO 8.VO 9.VB 10.SPYM
2023-03-31	96	$102.9M	—	1JPST 2SCHD 3IJR Top holdings2023-03-31 1.JPST 2.SCHD 3.IJR 4.IVV 5.IJH 6.DGRO 7.QQQ 8.VO 9.VB 10.SPYM
2022-12-31	89	$95.0M	—	1JPST 2SCHD 3IJR Top holdings2022-12-31 1.JPST 2.SCHD 3.IJR 4.IVV 5.IJH 6.DGRO 7.VO 8.QQQ 9.VB 10.MRK
2022-09-30	84	$86.0M	—	1JPST 2SCHD 3IJR Top holdings2022-09-30 1.JPST 2.SCHD 3.IJR 4.IVV 5.IJH 6.DGRO 7.QQQ 8.VO 9.VB 10.SPYM
2022-06-30	88	$88.9M	—	1JPST 2SCHD 3IJR Top holdings2022-06-30 1.JPST 2.SCHD 3.IJR 4.IVV 5.IJH 6.DGRO 7.QQQ 8.VO 9.VB 10.VOT
2022-03-31	90	$96.4M	—	1JPST 2IJR 3SCHD Top holdings2022-03-31 1.JPST 2.IJR 3.SCHD 4.IVV 5.IJH 6.DGRO 7.VO 8.VB 9.VOT 10.MSFT
2021-12-31	99	$107.1M	—	1IJR 2IVV 3IJH Top holdings2021-12-31 1.IJR 2.IVV 3.IJH 4.JPST 5.SCHD 6.DGRO 7.VCSH 8.VO 9.VOT 10.VB

Holding changes this quarter

Position changes disclosed by Meridian Financial Advisors, LLC for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	SCHD	Schwab US Dvd Equity ETF	+0.5%	-2.77%	Trim
2	RWL	Invesco S&p 500 Revenue ETF	+0.4%	+36.49%	Add
3	DGRW	Wisdomtree U.s. Quality Divi	+0.3%	+14.29%	Add
4	LVHI	Franklin International Low V	+0.2%	+12.95%	Add
5	IEMG	Ishares Core Msci Emerging	+0.2%	+57.12%	Add
6	ICLO	Invesco Aaa Clo F/r Note ETF	+0.2%	+29.70%	Add
7	IDMO	Invesco S&p International De	+0.1%	+75.07%	Add
8	SCHF	Schwab Intl Equity ETF	+0.1%	+15.36%	Add
9	JEPI	Jpmorgan Equity Premium Inco	+0.1%	+21.01%	Add
10	SPSM	Ss Spdr P S&p 600 Small Cap	+0.1%	+2.43%	Add
11	JMST	JPM Ultra-short Muni Income	+0.1%	+48.02%	Add
12	MRK	Merck & Co. INC.	+0.1%	-6.08%	Trim
13	LMT	Lockheed Martin CORP	+0.1%	—	Unchanged
14	DGRO	Ishares Core Dividend Growth	+0.1%	+0.17%	Add
15	FALN	Ishares Fallen Angels ETF	+0.1%	+24.95%	Add
16	XLE	Ss Energy Select Sector	+0.1%	+4.81%	Add
17	CVX	Chevron CORP	+0.1%	—	Unchanged
18	VCSH	Vanguard S/t CORP Bond ETF	+0.1%	+4.44%	Add
19	SPMO	Invesco S&p 500 Momentum ETF	+0.1%	+34.78%	Add
20	AMZN	Amazon.com INC	-0.1%	+0.44%	Add
21	UTHR	United Therapeutics CORP	-0.1%	-42.03%	Trim
22	GOOG	Alphabet Inc-cl C	-0.1%	-4.16%	Trim
23	IBM	Intl Business Machines CORP	-0.1%	-3.34%	Trim
24	RSP	Invesco S&p 500 Equal Weight	-0.1%	-3.50%	Trim
25	JPST	Jpmorgan Ultra-short Income	-0.1%	-1.91%	Trim
26	IJR	Ishares Core S&p Small-cap E	-0.1%	-5.58%	Trim
27	AAPL	Apple INC	-0.1%	-0.90%	Trim
28	IJH	Ishares Core S&p Midcap ETF	-0.1%	-4.94%	Trim
29	VO	Vanguard Mid-cap ETF	-0.1%	-2.82%	Trim
30	FBCG	Fidelity Blue Chip Grow ETF	-0.1%	-9.28%	Trim
31	SPY	Ss Spdr S&p 500 ETF Trust-us	-0.1%	-8.15%	Trim
32	SPYG	Ss Spdr P S&p 500 Growth ETF	-0.1%	-3.71%	Trim
33	MDY	State Street Spdr S&p Midcap	-0.1%	-15.24%	Trim
34	RDDT	Reddit Inc-cl A	-0.1%	-9.61%	Trim
35	VOT	Vanguard Mid-cap Growth ETF	-0.2%	-5.29%	Trim
36	IVV	Ishares Core S&p 500 ETF	-0.2%	-0.02%	Trim
37	QQQ	Invesco Qqq Trust Series 1	-0.5%	-3.86%	Trim
38	MSFT	Microsoft CORP	-0.5%	-7.02%	Trim
39	IEFA	Ishares Core Msci Eafe ETF	—	NEW	New buy
40	IMFL	Invesco Int Dvlp Dyn Multi	—	NEW	New buy
41	GTO	Invesco Total Return Bond Et	—	NEW	New buy
42	ALNY	Alnylam Pharmaceuticals INC	—	EXIT	Sold out
43	JEPQ	JPM Nasdaq Equity Premium	—	NEW	New buy
44	XOM	Exxon Mobil CORP	—	NEW	New buy
45	VTEB	Vanguard Tax-exempt Bond ETF	—	NEW	New buy
46	BLOK	Amplify Blockchain Tech ETF	—	EXIT	Sold out
47	CYTK	Cytokinetics INC	—	EXIT	Sold out
48	IWF	Ishares Russell 1000 Growth	—	EXIT	Sold out
49	CIBR	First Trust Nasdaq Cybersecu	—	EXIT	Sold out
50	IEV	Ishares Europe ETF	—	EXIT	Sold out

Filing History

Period	Filed	Type	EDGAR
2026-03-31	2026-04-21	13F-HR	View on EDGAR
2025-12-31	2026-01-23	13F-HR	View on EDGAR
2025-09-30	2025-10-20	13F-HR	View on EDGAR
2025-06-30	2025-07-16	13F-HR	View on EDGAR
2025-03-31	2025-04-25	13F-HR	View on EDGAR
2024-12-31	2025-01-15	13F-HR	View on EDGAR
2024-09-30	2024-10-15	13F-HR	View on EDGAR
2024-06-30	2024-08-13	13F-HR	View on EDGAR
2024-03-31	2024-08-13	13F-HR	View on EDGAR
2023-12-31	2024-08-13	13F-HR	View on EDGAR
2023-09-30	2024-08-13	13F-HR	View on EDGAR
2023-06-30	2024-08-13	13F-HR	View on EDGAR
2023-03-31	2024-08-13	13F-HR	View on EDGAR
2022-12-31	2024-08-13	13F-HR	View on EDGAR
2022-09-30	2024-08-13	13F-HR	View on EDGAR
2022-06-30	2024-08-13	13F-HR	View on EDGAR
2022-03-31	2024-08-13	13F-HR	View on EDGAR
2021-12-31	2024-08-13	13F-HR	View on EDGAR