Latest MERIDIAN INVESTMENT COUNSEL INC. Stock Portfolio

MERIDIAN INVESTMENT COUNSEL INC. Performance:

2024 Q3: 3.87%YTD: 7.43%2023: 12.8%

Performance for 2024 Q3 is 3.87%, and YTD is 7.43%, and 2023 is 12.8%.

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 $330.9 Millions as of 30 Sep, 2024.

The top stock holdings of MERIDIAN INVESTMENT COUNSEL INC. are TSM, AAPL, MSFT. The fund has invested 5.5% of it's portfolio in TAIWAN SEMICONDUCTOR MFG LTD and 4.3% of portfolio in APPLE INC.

The fund managers got completely rid off TE CONNECTIVITY LTD (TEL), OMEGA HEALTHCARE INVS INC (OHI) and S&P GLOBAL INC (SPGI) stocks. They significantly reduced their stock positions in ISHARES INC (EMGF), BAIN CAP SPECIALTY FIN INC (BCSF) and ISHARES TR (IJR). MERIDIAN INVESTMENT COUNSEL INC. opened new stock positions in VANGUARD WORLD FD (VAW), TE CONNECTIVITY PLC and ISHARES TR (AAXJ). The fund showed a lot of confidence in some stocks as they added substantially to CINTAS CORP (CTAS), MEDTRONIC PLC (MDT) and TOYOTA MOTOR CORP (TM).

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

Our best estimate is that MERIDIAN INVESTMENT COUNSEL INC. made a return of 3.87% in the last quarter. In trailing 12 months, it's portfolio return was 15.21%.

New Buys

Ticker	$ Bought
vanguard world fd	531,999
te connectivity plc	396,198
ishares tr	251,685
entergy corp new	236,898
tesla inc	230,234
popular inc	225,608
public storage oper co	211,045
invesco exch traded fd tr ii	208,714

New stocks bought by MERIDIAN INVESTMENT COUNSEL INC.

Additions

Ticker	% Inc.
cintas corp	300
medtronic plc	169
toyota motor corp	96.69
vanguard index fds	66.34
spdr ser tr	55.33
occidental pete corp	53.75
ishares tr	52.53
cenovus energy inc	46.75

Additions to existing portfolio by MERIDIAN INVESTMENT COUNSEL INC.

Reductions

Ticker	% Reduced
ishares inc	-61.59
bain cap specialty fin inc	-53.86
ishares tr	-40.29
vodafone group plc new	-33.02
nuveen pfd & income opportun	-30.23
pepsico inc	-25.82
ares capital corp	-25.48
bank new york mellon corp	-23.5

MERIDIAN INVESTMENT COUNSEL INC. reduced stake in above stock

Sold off

Ticker	$ Sold
new germany fd inc	-141,781
cbre gbl real estate inc fd	-58,797
abrdn asia pacific income fu	-30,820
omega healthcare invs inc	-386,546
mizuho financial group inc	-42,300
spdr ser tr	-296,725
shell plc	-214,880
te connectivity ltd	-421,054

MERIDIAN INVESTMENT COUNSEL INC. got rid off the above stocks

Sector Distribution

MERIDIAN INVESTMENT COUNSEL INC. has about 35% of it's holdings in Others sector.

Sector	%
Others	35
Technology	18.7
Financial Services	7.9
Industrials	7.7
Healthcare	6.8
Consumer Cyclical	5.7
Consumer Defensive	4.4
Energy	4.2
Communication Services	3.5
Real Estate	2.6
Basic Materials	2.4
Utilities	1.1

Market Cap. Distribution

MERIDIAN INVESTMENT COUNSEL INC. has about 60% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	35
LARGE-CAP	32.9
MEGA-CAP	27.1
MID-CAP	2.8
SMALL-CAP	2.1

Stocks belong to which Index?

About 62.3% of the stocks held by MERIDIAN INVESTMENT COUNSEL INC. either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	59.1
Others	37.7
RUSSELL 2000	3.2

Top 5 Winners (%)		%
PLTR	palantir technologies inc	46.4 %
CBRE	cbre group inc	39.0 %
AXON	axon enterprise inc	35.8 %
MMM	3m co	32.4 %
NEM	newmont corp	27.7 %

Top 5 Winners ($)		$
AAPL	apple inc	1.4 M
CBRE	cbre group inc	1.0 M
PLTR	palantir technologies inc	0.8 M
WMT	walmart inc	0.8 M
ORCL	oracle corp	0.8 M

Top 5 Losers (%)		%
CTAS	cintas corp	-72.3 %
IBRX	immunitybio inc	-41.1 %
INTC	intel corp	-24.5 %
WBA	walgreens boots alliance inc	-24.1 %
LRCX	lam research corp	-23.3 %

Top 5 Losers ($)		$
CTAS	cintas corp	-1.3 M
ADBE	adobe inc	-0.8 M
QCOM	qualcomm inc	-0.8 M
INTC	intel corp	-0.5 M
FDX	fedex corp	-0.5 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 212 stocks in it's portfolio. About 27.7% of the portfolio is in top 10 stocks. CTAS 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: 06 Nov, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	4.26	60,557	14,109,700	reduced	-8.34

AAXJ	ishares tr	0.08	4,250	251,685	new

AAXJ	ishares tr	0.07	4,367	229,966	unchanged	0.00

ABBV	abbvie inc	1.66	27,834	5,496,660	reduced	-2.45

ABT	abbott labs	0.07	2,183	248,884	unchanged	0.00

ACWV	ishares inc	0.16	15,611	528,276	reduced	-12.35

ADBE	adobe inc	3.47	22,169	11,478,700	reduced	-0.09

ADP	automatic data processing in	0.29	3,488	965,234	reduced	-2.79

AEP	american elec pwr co inc	0.34	10,915	1,119,880	reduced	-0.91

AFK	vaneck etf trust	0.07	6,000	238,920	unchanged	0.00

AIB	midcap financial invstmnt co	0.28	70,520	944,263	unchanged	0.00

AIG	american intl group inc	0.07	3,159	231,334	unchanged	0.00

ALLY	ally finl inc	0.25	23,200	825,688	reduced	-9.46

AMD	advanced micro devices inc	0.09	1,774	291,078	unchanged	0.00

AMGN	amgen inc	0.66	6,767	2,180,400	reduced	-4.25

AMPS	ishares tr	0.09	3,284	299,862	unchanged	0.00

AMZN	amazon com inc	0.23	4,131	769,729	added	34.3

ARCB	arcbest corp	0.50	15,235	1,652,240	reduced	-3.18

AXON	axon enterprise inc	0.36	3,000	1,198,800	unchanged	0.00

BA	boeing co	0.00	0.00	0.00	sold off	-100