Union Pacific Corporation
CH ˙ SWX ˙ US9078181081
SecurityCH:UNP / Union Pacific Corporation
InstitutionMerit Financial Group, LLC
Latest Disclosed Ownership51,678 shares
Latest Disclosed Value $ 12,538,298
Merit Financial Group, LLC reports 18.92% increase in ownership of UNP / Union Pacific Corporation

On April 15, 2026 - Merit Financial Group, LLC filed a 13F-HR form disclosing ownership of 51,678 shares of Union Pacific Corporation (CH:UNP) valued at $12,538,298 USD as of March 31, 2026. The entity filed a previous 13F-HR on January 26, 2026 disclosing 43,455 shares of Union Pacific Corporation. This represents a change in shares of 18.92% during the quarter.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-04-15 2026-03-31 13F UNION PAC COM 907818108 51,678 8,223 18.92 12,538 24.74 0.0721
2026-01-26 2025-12-31 13F UNION PAC COM 907818108 43,455 4,421 11.33 10,052 8.94 0.0806
2025-11-07 2025-09-30 13F/A-1 UNION PAC COM 907818108 39,034 1,522 4.06 9,227 6.91 0.0848
2025-10-20 2025-09-30 13F UNION PAC COM 907818108 39,035 1,523 9,227 0.0847
2025-07-22 2025-06-30 13F UNION PAC COM 907818108 37,512 12,305 48.82 8,631 44.94 0.0962
2025-04-09 2025-03-31 13F UNION PAC COM 907818108 25,207 1,732 7.38 5,955 11.23 0.0892
2025-01-15 2024-12-31 13F UNION PAC COM 907818108 23,475 6,470 38.05 5,353 27.73 0.0962
2024-10-17 2024-09-30 13F UNION PAC COM 907818108 17,005 -2,419 -12.45 4,191 -4.62 0.0937
2024-08-13 2024-06-30 13F UNION PAC COM 907818108 19,424 827 4.45 4,395 -1.68 0.0969
2024-05-06 2024-03-31 13F UNION PAC COM 907818108 18,597 9,192 97.74 4,470 93.46 0.1065
2024-02-06 2023-12-31 13F UNION PAC COM 907818108 9,405 -8,054 -46.13 2,310 -35.02 0.0703
2023-11-07 2023-09-30 13F UNION PAC COM 907818108 17,459 250 1.45 3,555 0.97 0.1163
2023-08-01 2023-06-30 13F UNION PAC COM 907818108 17,209 4,543 35.87 3,521 38.13 0.1140
2023-04-24 2023-03-31 13F UNION PAC COM 907818108 12,666 -1,433 -10.16 2,549 -12.68 0.0927
2023-01-13 2022-12-31 13F UNION PAC COM 907818108 14,099 411 3.00 2,920 9.45 0.1056
2022-10-31 2022-09-30 13F UNION PAC COM 907818108 13,688 -7,597 -35.69 2,667 -41.26 0.1157
2022-08-08 2022-06-30 13F UNION PAC COM 907818108 21,285 14,947 235.83 4,540 162.12 0.1405
2022-05-13 2022-03-31 13F UNION PAC COM 907818108 6,338 -44 -0.69 1,732 7.71 0.1045
2022-02-14 2021-12-31 13F UNION PAC COM 907818108 6,382 115 1.84 1,608 30.94 0.1577
2021-10-27 2021-09-30 13F UNION PAC COM 907818108 6,267 2 0.03 1,228 -10.89 0.1285
2021-08-16 2021-06-30 13F UNION PAC COM 907818108 6,265 242 4.02 1,378 3.77 0.1295
2021-05-18 2021-03-31 13F UNION PAC COM 907818108 6,023 656 12.22 1,328 18.89 0.1389
2021-02-12 2020-12-31 13F UNION PAC COM 907818108 5,367 -243 -4.33 1,117 1.18 0.1080
2020-11-10 2020-09-30 13F UNION PAC COM 907818108 5,610 178 3.28 1,104 20.26 0.1008
2020-08-13 2020-06-30 13F UNION PAC COM 907818108 5,432 238 4.58 918 25.24 0.0913
2020-05-05 2020-03-31 13F UNION PAC COM 907818108 5,194 -84 -1.59 733 -23.17 0.0819
2020-01-16 2019-12-31 13F UNION PACIFIC COM 907818108 5,278 5,278 954 0.0844
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.