Latest MERIDIAN INVESTMENT COUNSEL INC. Stock Portfolio

$316Million– No. of Holdings #213

MERIDIAN INVESTMENT COUNSEL INC. Performance:

2024 Q2: -0.65%YTD: 3.36%2023: 12.7%

Performance for 2024 Q2 is -0.65%, and YTD is 3.36%, and 2023 is 12.7%.

About MERIDIAN INVESTMENT COUNSEL INC. and 13F Hedge Fund Stock Holdings

MERIDIAN INVESTMENT COUNSEL INC. is a hedge fund based in LAFAYETTE, CA. On 31-Mar-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $425.1 Millions. In it's latest 13F Holdings report, MERIDIAN INVESTMENT COUNSEL INC. reported an equity portfolio of $316.2 Millions as of 30 Jun, 2024.

The top stock holdings of MERIDIAN INVESTMENT COUNSEL INC. are TSM, AAPL, MSFT. The fund has invested 5.9% of it's portfolio in TAIWAN SEMICONDUCTOR MFG LTD and 4.4% of portfolio in APPLE INC.

The fund managers got completely rid off BRISTOL-MYERS SQUIBB CO (BMY), INVESCO EXCH TRADED FD TR II (SPHD) and VERTEX ENERGY INC (VTNR) stocks. They significantly reduced their stock positions in OMEGA HEALTHCARE INVS INC (OHI), WALGREENS BOOTS ALLIANCE INC (WBA) and 3M CO (MMM). MERIDIAN INVESTMENT COUNSEL INC. opened new stock positions in VANGUARD WORLD FD (VAW), ISHARES TR (IBCE) and GE VERNOVA INC. The fund showed a lot of confidence in some stocks as they added substantially to INVESCO QQQ TR (QQQ), ISHARES TR (AGG) and AMERICAN ELEC PWR CO INC (AEP).

MERIDIAN INVESTMENT COUNSEL INC. Equity Portfolio Value

Last Reported on: 19 Jul, 2024

MERIDIAN INVESTMENT COUNSEL INC. Annual Return Estimates Vs S&P 500

Our best estimate is that MERIDIAN INVESTMENT COUNSEL INC. made a return of -0.65% in the last quarter. In trailing 12 months, it's portfolio return was 7.41%.

New Buys

Ticker	$ Bought
vanguard world fd	1,835,290
ishares tr	1,064,520
ge vernova inc	571,471
invesco exch traded fd tr ii	321,373
spdr ser tr	296,725
ishares tr	293,084
ishares tr	275,725
tjx cos inc new	242,110

New stocks bought by MERIDIAN INVESTMENT COUNSEL INC.

Additions

Ticker	% Inc.
invesco qqq tr	317
ishares tr	146
american elec pwr co inc	98.83
spdr ser tr	68.59
alphabet inc	52.9
vanguard index fds	44.84
alphabet inc	39.92
toyota motor corp	37.57

Additions to existing portfolio by MERIDIAN INVESTMENT COUNSEL INC.

Reductions

Ticker	% Reduced
omega healthcare invs inc	-52.05
walgreens boots alliance inc	-43.43
3m co	-39.91
ishares tr	-25.57
cbre gbl real estate inc fd	-20.46
ishares inc	-20.35
vodafone group plc new	-17.33
abbott labs	-14.76

MERIDIAN INVESTMENT COUNSEL INC. reduced stake in above stock

Sold off

Ticker	$ Sold
vertex energy inc	-24,500
bristol-myers squibb co	-289,154
invesco exch traded fd tr ii	-205,213

MERIDIAN INVESTMENT COUNSEL INC. got rid off the above stocks

Sector Distribution

MERIDIAN INVESTMENT COUNSEL INC. has about 33.9% of it's holdings in Others sector.

Sector	%
Others	33.9
Technology	20.1
Financial Services	8.1
Industrials	7.8
Healthcare	6.6
Consumer Cyclical	5.6
Energy	4.4
Consumer Defensive	4.2
Communication Services	3.6
Real Estate	2.4
Basic Materials	2.4

Market Cap. Distribution

MERIDIAN INVESTMENT COUNSEL INC. has about 60.9% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	34.6
UNALLOCATED	33.9
MEGA-CAP	26.3
MID-CAP	2.9
SMALL-CAP	2.3

Stocks belong to which Index?

About 63.4% of the stocks held by MERIDIAN INVESTMENT COUNSEL INC. either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	60.1
Others	36.7
RUSSELL 2000	3.3

Top 5 Winners (%)		%
NVDA	nvidia corporation	27.0 %
AAPL	apple inc	20.3 %
HPE	hewlett packard enterprise c	19.2 %
IBRX	immunitybio inc	17.7 %
QCOM	qualcomm inc	17.6 %

Top 5 Winners ($)		$
AAPL	apple inc	2.3 M
ADBE	adobe inc	1.1 M
QCOM	qualcomm inc	0.9 M
MSFT	microsoft corp	0.8 M
NVDA	nvidia corporation	0.5 M

Top 5 Losers (%)		%
WBA	walgreens boots alliance inc	-33.5 %
OI	o-i glass inc	-31.5 %
MDB	mongodb inc	-30.3 %
INTC	intel corp	-29.9 %
WGO	winnebago inds inc	-26.8 %

Top 5 Losers ($)		$
WGO	winnebago inds inc	-1.5 M
INTC	intel corp	-1.0 M
OI	o-i glass inc	-0.9 M
NSC	norfolk southn corp	-0.9 M
TAP	molson coors beverage co	-0.8 M

MERIDIAN INVESTMENT COUNSEL INC. Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of MERIDIAN INVESTMENT COUNSEL INC.

MERIDIAN INVESTMENT COUNSEL INC. has 213 stocks in it's portfolio. About 29.5% of the portfolio is in top 10 stocks. WGO proved to be the most loss making stock for the portfolio. AAPL was the most profitable stock for MERIDIAN INVESTMENT COUNSEL INC. last quarter.

Last Reported on: 19 Jul, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	4.40	66,067	13,914,900	added	31.34

AAXJ	ishares tr	0.07	4,367	223,765	reduced	-25.57

ABBV	abbvie inc	1.55	28,534	4,894,150	reduced	-0.61

ABT	abbott labs	0.07	2,183	226,836	reduced	-14.76

ACWV	ishares inc	0.17	17,811	545,373	reduced	-20.35

ADBE	adobe inc	3.90	22,189	12,326,900	reduced	-0.11

ADP	automatic data processing in	0.27	3,588	856,420	unchanged	0.00

AEP	american elec pwr co inc	0.31	11,015	966,456	added	98.83

AFK	vaneck etf trust	0.06	6,000	203,580	new

AGG	ishares tr	1.19	39,980	3,770,510	unchanged	0.00

AGG	ishares tr	0.42	12,488	1,331,970	unchanged	0.00

AGG	ishares tr	0.35	5,502	1,116,300	added	146

AGG	ishares tr	0.35	12,019	1,115,840	reduced	-0.05

AGG	ishares tr	0.30	10,644	937,843	unchanged	0.00

AGG	ishares tr	0.24	9,752	763,874	unchanged	0.00

AGG	ishares tr	0.24	6,648	754,282	unchanged	0.00

AGG	ishares tr	0.20	7,100	630,338	unchanged	0.00

AGG	ishares tr	0.17	9,315	545,114	unchanged	0.00

AGG	ishares tr	0.14	810	443,256	unchanged	0.00

AGG	ishares tr	0.08	3,275	265,537	unchanged	0.00