Latest Meridian Wealth Management, LLC Stock Portfolio
Meridian Wealth Management, LLC Performance:
2024 Q3: 2.22%YTD: -47.94%2023: 18.03%
Performance for 2024 Q3 is 2.22%, and YTD is -47.94%, and 2023 is 18.03%.
About Meridian Wealth Management, LLC and 13F Hedge Fund Stock Holdings
Meridian Wealth Management, LLC is a hedge fund based in LEXINGTON, KY. On 28-Sep-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $2.1 Billions. In it's latest 13F Holdings report, Meridian Wealth Management, LLC reported an equity portfolio of $2 Billions as of 30 Sep, 2024.
The top stock holdings of Meridian Wealth Management, LLC are NVDA, AAPL, XOM. The fund has invested 4.8% of it's portfolio in NVIDIA CORPORATION and 4.2% of portfolio in APPLE INC.
The fund managers got completely rid off WISDOMTREE TR (AGZD), ETF SER SOLUTIONS (ACIO) and CBOE GLOBAL MKTS INC stocks. They significantly reduced their stock positions in FORTRESS BIOTECH INC (FBIO), PAYCOM SOFTWARE INC (PAYC) and SPDR SER TR (BIL). Meridian Wealth Management, LLC opened new stock positions in APPLE INC (AAPL), INVESCO QQQ TR (QQQ) and MICROSOFT CORP (MSFT). The fund showed a lot of confidence in some stocks as they added substantially to ISHARES TR (ACWF), VANGUARD WORLD FD (VAW) and FIRST TR EXCHANGE-TRADED FD (LEGR).
The top stock holdings of Meridian Wealth Management, LLC are NVDA, AAPL, XOM. The fund has invested 4.8% of it's portfolio in NVIDIA CORPORATION and 4.2% of portfolio in APPLE INC.
The fund managers got completely rid off WISDOMTREE TR (AGZD), ETF SER SOLUTIONS (ACIO) and CBOE GLOBAL MKTS INC stocks. They significantly reduced their stock positions in FORTRESS BIOTECH INC (FBIO), PAYCOM SOFTWARE INC (PAYC) and SPDR SER TR (BIL). Meridian Wealth Management, LLC opened new stock positions in APPLE INC (AAPL), INVESCO QQQ TR (QQQ) and MICROSOFT CORP (MSFT). The fund showed a lot of confidence in some stocks as they added substantially to ISHARES TR (ACWF), VANGUARD WORLD FD (VAW) and FIRST TR EXCHANGE-TRADED FD (LEGR).
Meridian Wealth Management, LLC Annual Return Estimates Vs S&P 500
Our best estimate is that Meridian Wealth Management, LLC made a return of 2.22% in the last quarter. In trailing 12 months, it's portfolio return was -44.81%.
New Buys
| Ticker | $ Bought |
|---|---|
| apple inc | 84,368,500 |
| invesco qqq tr | 77,091,100 |
| microsoft corp | 73,603,600 |
| amazon com inc | 58,638,900 |
| berkshire hathaway inc del | 33,165,400 |
| ishares tr | 27,238,200 |
| schwab strategic tr | 24,636,000 |
| vanguard bd index fds | 23,606,500 |
New stocks bought by Meridian Wealth Management, LLC
Additions
| Ticker | % Inc. |
|---|---|
| ishares tr | 530 |
| vanguard world fd | 221 |
| first tr exchange-traded fd | 141 |
| comcast corp new | 94.82 |
| first tr exchange traded fd | 69.42 |
| ishares tr | 57.16 |
| eaton vance tax advt div inc | 51.93 |
| invesco exchange traded fd t | 50.18 |
Additions to existing portfolio by Meridian Wealth Management, LLC
Reductions
| Ticker | % Reduced |
|---|---|
| paycom software inc | -48.01 |
| spdr ser tr | -47.73 |
| spdr index shs fds | -39.59 |
| rbb fd inc | -34.99 |
| globalfoundries inc | -34.46 |
| rbb fd inc | -31.75 |
| uber technologies inc | -28.72 |
| vanguard scottsdale fds | -19.42 |
Meridian Wealth Management, LLC reduced stake in above stock
Sold off
Sector Distribution
Meridian Wealth Management, LLC has about 47.6% of it's holdings in Others sector.
| Sector | % |
|---|---|
| Others | 47.6 |
| Technology | 18.2 |
| Consumer Cyclical | 5.6 |
| Healthcare | 5.5 |
| Energy | 5.5 |
| Financial Services | 5.1 |
| Industrials | 3.5 |
| Consumer Defensive | 3.2 |
| Communication Services | 3.2 |
| Utilities | 1.5 |
Market Cap. Distribution
Meridian Wealth Management, LLC has about 50.2% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| UNALLOCATED | 47.5 |
| MEGA-CAP | 34.6 |
| LARGE-CAP | 15.6 |
| SMALL-CAP | 1.2 |
Stocks belong to which Index?
About 50.4% of the stocks held by Meridian Wealth Management, LLC either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| Others | 49.6 |
| S&P 500 | 48.9 |
| RUSSELL 2000 | 1.5 |
Meridian Wealth Management, LLC Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Meridian Wealth Management, LLC
Meridian Wealth Management, LLC has 624 stocks in it's portfolio. About 30.6% of the portfolio is in top 10 stocks. LRCX proved to be the most loss making stock for the portfolio. AAPL was the most profitable stock for Meridian Wealth Management, LLC last quarter.
Last Reported on: 12 Nov, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AAPL | apple inc | 4.15 | 362,097 | 84,368,500 | new | |||
| AAXJ | ishares tr | 0.38 | 146,091 | 7,693,180 | new | |||
| AAXJ | ishares tr | 0.22 | 40,406 | 4,470,120 | new | |||
| AAXJ | ishares tr | 0.12 | 20,228 | 2,419,110 | new | |||
| AAXJ | ishares tr | 0.10 | 16,008 | 2,034,590 | new | |||
| AAXJ | ishares tr | 0.07 | 13,538 | 1,470,630 | new | |||
| AAXJ | ishares tr | 0.07 | 17,548 | 1,409,110 | new | |||
| AAXJ | ishares tr | 0.06 | 20,692 | 1,111,600 | new | |||
| AAXJ | ishares tr | 0.05 | 8,677 | 934,114 | new | |||
| AAXJ | ishares tr | 0.04 | 6,468 | 703,654 | new | |||
| AAXJ | ishares tr | 0.02 | 4,613 | 489,854 | new | |||
| AAXJ | ishares tr | 0.02 | 7,549 | 447,077 | new | |||
| AAXJ | ishares tr | 0.02 | 7,761 | 446,499 | new | |||
| AAXJ | ishares tr | 0.02 | 2,217 | 331,778 | new | |||
| ABBV | abbvie inc | 0.73 | 74,878 | 14,786,800 | added | 3.26 | ||
| ABC | cencora inc | 0.02 | 1,666 | 374,983 | new | |||
| ABNB | airbnb inc | 0.04 | 7,274 | 922,416 | new | |||
| ABT | abbott labs | 0.10 | 17,806 | 2,030,110 | new | |||
| ACES | alps etf tr | 0.14 | 47,442 | 2,797,660 | added | 6.49 | ||
| ACGL | arch cap group ltd | 0.05 | 9,309 | 1,041,490 | reduced | -0.98 | ||