Meru Capital Group, LP

Sector-focusedMomentum followerHigh-turnover trader

Total reported value

$30.6M

Reporting period: 2020-09-30 · Number of holdings: 14

Meru Capital Group, LP disclosed 14 holdings in its latest 13F filing for the period ending 2020-09-30, with total reported value of $30.6M and a quarterly turnover rate of 86.2%.

Personality snowflake

Concentration: 51.97
Portfolio Stability: 86.21
Momentum/Contrarian: 100
Sector conviction: 100
Diversification: 28
Sizing Uniformity: 90.61

Recent moves

Add C
+73.2%　$1.6M
Add AIG
+6.6%　-$282.0K
Trim GOOGL
-50.8%　-$2.2M
Add ATHS
-21.0%　-$748.0K
Trim GS
-64.0%　-$1.3M
Trim META
-40.5%　-$2.4M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	META	Meta Platforms Inc-class A	Stock-Comm Services	17.36%	-0.45%	-40.47%
2	C	Citigroup INC	Stock-Financials	16.58%	+8.59%	+73.24%
3	ATHS	Athene Holding Ltd. 7.250% Fixe	Stock-Other	15.37%	+2.82%	-21.03%
4	AIG	American International Group	Stock-Financials	14.86%	+3.74%	+6.65%
5	SPY	Ss Spdr S&p 500 ETF Trust-us	ETF-Large Cap & Growth	13.12%	+13.12%	NEW
6	GOOGL	Alphabet Inc-cl A	Stock-Comm Services	7.53%	-2.91%	-50.78%
7	V	Visa Inc-class A Shares	Stock-Financials	3.98%	+3.98%	NEW
8	GS	Goldman Sachs Group INC	Stock-Financials	2.36%	-2.18%	-64.00%
9	AAPL	Apple INC	Stock-Tech	2.30%	+2.30%	NEW
10	AER	AerCap Holdings N.V.	Stock-Industrials	2.13%	+2.13%	NEW
11	NVDA	Nvidia CORP	Stock-Tech	2.12%	+2.12%	NEW
12	VNO	Vornado Realty Trust	Stock-Real Estate	0.79%	+0.79%	NEW
13	MSFT	Microsoft CORP	Stock-Tech	0.75%	+0.75%	NEW
14	TMUS	T-mobile US INC	Stock-Comm Services	0.75%	+0.75%	NEW

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2020-09-30	14	$30.6M	86	1META 2C 3ATHS Top holdings2020-09-30 1.META 2.C 3.ATHS 4.AIG 5.SPY 6.GOOGL 7.V 8.GS 9.AAPL 10.AER
2020-06-30	14	$43.5M	100	1META 2ATHS 3ALLY Top holdings2020-06-30 1.META 2.ATHS 3.ALLY 4.AIG 5.VZ 6.GOOGL 7.C 8.GS 9.PFE 10.BEN
2020-03-31	17	$47.1M	100	1CVX 2META 3BEN Top holdings2020-03-31 1.CVX 2.META 3.BEN 4.MS 5.BAC 6.AIG 7.AA 8.C 9.0VVB 10.DFSEUR
2019-12-31	3	$7.4M	100	1BEN 2JOYY 3LYFT Top holdings2019-12-31 1.BEN 2.JOYY 3.LYFT
2019-09-30	1	—	0
2019-06-30	1	—	0
2019-03-31	1	—	0
2018-12-31	1	—	100
2018-09-30	1	$4.2M	100	1NXPI Top holdings2018-09-30 1.NXPI
2018-06-30	1	—	100
2018-03-31	14	$31.4M	100	1CMCSA 2META 3GOOGL Top holdings2018-03-31 1.CMCSA 2.META 3.GOOGL 4.WMT 5.MSFT 6.CHTR 7.VZ 8.N47279 9.C 10.ALV
2017-12-31	1	—	100
2017-09-30	8	$33.0M	100	1TWXCHF 2AAPL 3CMCSA Top holdings2017-09-30 1.TWXCHF 2.AAPL 3.CMCSA 4.AMZN 5.CHTR 6.TMUS 7.AMD 8.741503
2017-06-30	9	$30.3M	100	1TWXCHF 2TMUS 3WDC Top holdings2017-06-30 1.TWXCHF 2.TMUS 3.WDC 4.CTSH 5.CHTR 6.BAC 7.AAPL 8.SYMCEUR 9.LBTYA
2017-03-31	79	$315.7M	70	1EXPE 2META 3GOOG Top holdings2017-03-31 1.EXPE 2.META 3.GOOG 4.CHTR 5.TMUS 6.BAC 7.HLF 8.WDC 9.SYMCEUR 10.WBA
2016-12-31	49	$359.2M	83	1EXPE 2GOOG 3META Top holdings2016-12-31 1.EXPE 2.GOOG 3.META 4.TMUS 5.BAC 6.SYMCEUR 7.SLM 8.CHTR 9.WDC 10.AMZN
2016-09-30	51	$358.4M	51	1EXPE 2GOOG 3CHTR Top holdings2016-09-30 1.EXPE 2.GOOG 3.CHTR 4.TMUS 5.FIS 6.META 7.XRAY 8.STZ 9.WBA 10.AAPL
2016-06-30	45	$288.6M	77	1EXPE 2CHTR 3GOOG Top holdings2016-06-30 1.EXPE 2.CHTR 3.GOOG 4.FIS 5.TMUS 6.STZ 7.WBA 8.G0177J 9.AMZN 10.META
2016-03-31	43	$308.2M	42	188732J2EXPE 3GOOG Top holdings2016-03-31 1.88732J 2.EXPE 3.GOOG 4.G0177J 5.META 6.AMZN 7.WBA 8.STZ 9.V 10.CHTR
2015-12-31	21	$322.4M	81	1EXPE288732J3G0177J Top holdings2015-12-31 1.EXPE 2.88732J 3.G0177J 4.GOOG 5.META 6.V 7.WBA 8.AMZN 9.CHTR 10.STZ
2015-09-30	33	$383.2M	77	1WBA 2EXPE388732J Top holdings2015-09-30 1.WBA 2.EXPE 3.88732J 4.META 5.VALE 6.CHTR 7.G0177J 8.KHC 9.STZ 10.QSR
2015-06-30	46	$464.0M	52	1VALE 2WBA388732J Top holdings2015-06-30 1.VALE 2.WBA 3.88732J 4.VIPS 5.JD 6.CHTR 7.ST 8.QSR 9.KHC 10.761283
2015-03-31	59	$439.0M	77	1VALE 2VIPS 3HRB Top holdings2015-03-31 1.VALE 2.VIPS 3.HRB 4.CHTR 5.WBA 6.88732J 7.LNG 8.QSR 9.STZ 10.761283
2014-12-31	52	$309.1M	100	1HRB 2VALE3761283 Top holdings2014-12-31 1.HRB 2.VALE 3.761283 4.BABA 5.LBTYA 6.STZ 7.CMCSA 8.QSR 9.CRI 10.EWZ
2014-09-30	67	$278.3M	100	1HRB 2VALE 3CMCSA Top holdings2014-09-30 1.HRB 2.VALE 3.CMCSA 4.LTRPAUSD 5.CAR 6.BABA 7.CTRPUSD 8.LBTYA 9.AAPL 10.94770V
2014-06-30	45	$355.5M	73	1HRB 2CHTR3931422 Top holdings2014-06-30 1.HRB 2.CHTR 3.931422 4.SIXEUR 5.CMCSA 6.VALE 7.JD 8.761283 9.XXI 10.ENOV
2014-03-31	47	$383.0M	85	1HRB 2CHTR 3DISH Top holdings2014-03-31 1.HRB 2.CHTR 3.DISH 4.SIXEUR 5.931422 6.VALE 7.ENOV 8.CMCSA 9.G30401 10.VIPS
2013-12-31	61	$467.2M	87	1HRB 2CHTR 3GLD Top holdings2013-12-31 1.HRB 2.CHTR 3.GLD 4.CTSH 5.DISH 6.SIXEUR 7.LBTYA 8.ENOV 9.NOK 10.MA
2013-09-30	60	$400.1M	97	1SPY 2HRB 3CHTR Top holdings2013-09-30 1.SPY 2.HRB 3.CHTR 4.PRKS 5.CTSH 6.CRI 7.DISH 8.LBTYA 9.VALE 10.ENOV
2013-06-30	81	$530.7M	0	1CHTR 2HRB 3CRI Top holdings2013-06-30 1.CHTR 2.HRB 3.CRI 4.SIXEUR 5.V 6.MA 7.TRIP 8.LBTYA 9.PRKS 10.38259P

Holding changes this quarter

Meru Capital Group, LP's most significant position changes for 2020-09-30: Sold out: Ally Financial INC (ALLY); Sold out: Verizon Communications INC (VZ); New buy: Ss Spdr S&p 500 ETF Trust-us (SPY); Sold out: Pfizer INC (PFE); New buy: Visa Inc-class A Shares (V).

Position changes disclosed by Meru Capital Group, LP for the quarter ending 2020-09-30, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	C	Citigroup INC	+8.6%	+73.24%	Add
2	AIG	American International Group	+3.7%	+6.65%	Add
3	ATHS	Athene Holding Ltd. 7.250% Fixe	+2.8%	-21.03%	Trim
4	META	Meta Platforms Inc-class A	-0.5%	-40.47%	Trim
5	GS	Goldman Sachs Group INC	-2.2%	-64.00%	Trim
6	GOOGL	Alphabet Inc-cl A	-2.9%	-50.78%	Trim
7	ALLY	Ally Financial INC	—	EXIT	Sold out
8	VZ	Verizon Communications INC	—	EXIT	Sold out
9	SPY	Ss Spdr S&p 500 ETF Trust-us	—	NEW	New buy
10	PFE	Pfizer INC	—	EXIT	Sold out
11	V	Visa Inc-class A Shares	—	NEW	New buy
12	BEN	Franklin Resources INC	—	EXIT	Sold out
13	BAC	Bank Of America CORP	—	EXIT	Sold out
14	DFSEUR	Discover Financial Services	—	EXIT	Sold out
15	AAPL	Apple INC	—	NEW	New buy
16	9990302D	Apache CORP	—	EXIT	Sold out
17	AER	AerCap Holdings N.V.	—	NEW	New buy
18	NVDA	Nvidia CORP	—	NEW	New buy
19	LAZ	Lazard, Inc.	—	EXIT	Sold out
20	VNO	Vornado Realty Trust	—	NEW	New buy
21	MSFT	Microsoft CORP	—	NEW	New buy
22	TMUS	T-mobile US INC	—	NEW	New buy

FAQ

What is Meru Capital Group, LP and what type of investor is it?

Meru Capital Group, LP is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2020-09-30), the firm manages a tracked equity portfolio valued at approximately $30.6M, spread across 14 disclosed positions.

What are Meru Capital Group, LP's largest equity positions?

Based on the latest 13F filing, Meru Capital Group, LP's top holdings by market value are: 1. Meta Platforms Inc-class A (META) — $5.3M (17.4%) 2. Citigroup INC (C) — $5.1M (16.6%) 3. Athene Holding Ltd. 7.250% Fixe (ATHS) — $4.7M (15.4%) 4. American International Group (AIG) — $4.6M (14.9%) 5. Ss Spdr S&p 500 ETF Trust-us (SPY) — $4.0M (13.1%)

What changes did Meru Capital Group, LP make in its most recent portfolio filing?

In the latest reported quarter, Meru Capital Group, LP made 22 notable position adjustments: 8 new positions were initiated, 2 existing holdings were added to, 4 positions were partially reduced, and 8 were completely exited. The largest of these moves: Sold out: Ally Financial INC (ALLY); Sold out: Verizon Communications INC (VZ); New buy: Ss Spdr S&p 500 ETF Trust-us (SPY); Sold out: Pfizer INC (PFE); New buy: Visa Inc-class A Shares (V)

What sectors does Meru Capital Group, LP focus on?

Meru Capital Group, LP is concentrated in the following sectors based on its current disclosed equity portfolio: • Communication Services: 47.7% • Financials: 42.6% • Information Technology: 9.6%