Cisco Systems, Inc.
MX ˙ BMV ˙ US17275R1023
SecurityMX:CSCO / Cisco Systems, Inc.
InstitutionMerit Financial Group, LLC
Latest Disclosed Ownership239,687 shares
Latest Disclosed Value $ 18,597,292
Merit Financial Group, LLC reports 8.57% decrease in ownership of CSCO / Cisco Systems, Inc.

On April 15, 2026 - Merit Financial Group, LLC filed a 13F-HR form disclosing ownership of 239,687 shares of Cisco Systems, Inc. (MX:CSCO) valued at $18,597,292 USD as of March 31, 2026. The entity filed a previous 13F-HR on January 26, 2026 disclosing 262,146 shares of Cisco Systems, Inc.. This represents a change in shares of -8.57% 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 CISCO SYS COM 17275R102 239,687 -22,459 -8.57 18,597 -7.90 0.1069
2026-01-26 2025-12-31 13F CISCO SYS COM 17275R102 262,146 26,122 11.07 20,193 25.05 0.1620
2025-11-07 2025-09-30 13F/A-1 CISCO SYS COM 17275R102 236,024 14,557 6.57 16,149 5.10 0.1483
2025-10-20 2025-09-30 13F CISCO SYS COM 17275R102 236,024 14,557 16,149 0.1483
2025-07-22 2025-06-30 13F CISCO SYS COM 17275R102 221,467 48,889 28.33 15,365 44.29 0.1713
2025-04-09 2025-03-31 13F CISCO SYS COM 17275R102 172,578 37,813 28.06 10,650 33.48 0.1595
2025-01-15 2024-12-31 13F CISCO SYS COM 17275R102 134,765 58,045 75.66 7,978 95.40 0.1434
2024-10-17 2024-09-30 13F CISCO SYS COM 17275R102 76,720 -30,584 -28.50 4,083 -19.91 0.0913
2024-08-13 2024-06-30 13F CISCO SYS COM 17275R102 107,304 17,754 19.83 5,098 20.83 0.1124
2024-05-06 2024-03-31 13F CISCO SYS COM 17275R102 89,550 17,050 23.52 4,220 15.21 0.1005
2024-02-06 2023-12-31 13F CISCO SYS COM 17275R102 72,500 -2,277 -3.05 3,663 -8.91 0.1114
2023-11-07 2023-09-30 13F CISCO SYS COM 17275R102 74,777 14,611 24.28 4,020 29.18 0.1315
2023-08-01 2023-06-30 13F CISCO SYS COM 17275R102 60,166 9,974 19.87 3,113 18.64 0.1007
2023-04-24 2023-03-31 13F CISCO SYS COM 17275R102 50,192 3,947 8.53 2,624 19.06 0.0954
2023-01-13 2022-12-31 13F CISCO SYS COM 17275R102 46,245 17,708 62.05 2,203 93.08 0.0797
2022-10-31 2022-09-30 13F CISCO SYS COM 17275R102 28,537 5,367 23.16 1,141 15.49 0.0495
2022-08-08 2022-06-30 13F CISCO SYS COM 17275R102 23,170 11,407 96.97 988 50.61 0.0306
2022-05-13 2022-03-31 13F CISCO SYS COM 17275R102 11,763 2,079 21.47 656 6.84 0.0396
2022-02-14 2021-12-31 13F CISCO SYS COM 17275R102 9,684 7 0.07 614 16.51 0.0602
2021-10-27 2021-09-30 13F CISCO SYS COM 17275R102 9,677 27 0.28 527 3.13 0.0552
2021-08-16 2021-06-30 13F CISCO SYS COM 17275R102 9,650 725 8.12 511 10.61 0.0480
2021-05-18 2021-03-31 13F CISCO SYS COM 17275R102 8,925 -1,243 -12.22 462 1.54 0.0483
2021-02-12 2020-12-31 13F CISCO SYS COM 17275R102 10,168 -567 -5.28 455 7.57 0.0440
2020-11-10 2020-09-30 13F CISCO SYS COM 17275R102 10,735 -608 -5.36 423 -20.04 0.0386
2020-08-13 2020-06-30 13F CISCO SYS COM 17275R102 11,343 -347 -2.97 529 15.00 0.0526
2020-05-05 2020-03-31 13F CISCO SYS COM 17275R102 11,690 -1,599 -12.03 460 -27.79 0.0514
2020-01-16 2019-12-31 13F CISCO SYS COM 17275R102 13,289 7,605 133.80 637 126.69 0.0564
2019-11-25 2019-09-30 13F CISCO SYS Common Stock 17275R102 5,684 1,034 22.24 281 10.63 0.0307
2019-08-13 2019-06-30 13F CISCO SYSTEMS Common Stock 17275R102 4,650 -2,562 -35.52 254 -34.70 0.0298
2019-05-16 2019-03-31 13F CISCO SYSTEMS Common Stock 17275R102 7,212 -5,688 -44.09 389 -30.29 0.0475
2019-02-15 2018-12-31 13F CISCO SYSTEMS Common Stock 17275R102 12,900 103 0.80 558 -10.29 0.0839
2018-10-25 2018-09-30 13F CISCO SYSTEMS Common Stock 17275R102 12,797 -721 -5.33 622 7.06 0.0996
2018-08-07 2018-06-30 13F CISCO SYSTEMS Common Stock 17275R102 13,518 799 6.28 581 6.61 0.1041
2018-05-14 2018-03-31 13F CISCO SYSTEMS Common Stock 17275R102 12,719 -2,175 -14.60 545 -4.39 0.1071
2018-02-13 2017-12-31 13F CISCO SYSTEMS Common Stock 17275R102 14,894 14,894 570 0.1213
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.