Latest MERIDIAN MANAGEMENT CO Stock Portfolio

MERIDIAN MANAGEMENT CO Performance:

2024 Q3: 4.34%YTD: 4.28%2023: 11.9%

Performance for 2024 Q3 is 4.34%, and YTD is 4.28%, and 2023 is 11.9%.

About MERIDIAN MANAGEMENT CO and 13F Hedge Fund Stock Holdings

MERIDIAN MANAGEMENT CO is a hedge fund based in LITTLE ROCK, AR. On 07-Jun-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $741.6 Millions. In it's latest 13F Holdings report, MERIDIAN MANAGEMENT CO reported an equity portfolio of $393.8 Millions as of 30 Sep, 2024.

The top stock holdings of MERIDIAN MANAGEMENT CO are IJR, VEA, VEU. The fund has invested 10% of it's portfolio in ISHARES TR and 9.8% of portfolio in VANGUARD TAX-MANAGED FDS.

The fund managers got completely rid off ETSY INC (ETSY), SCHWAB CHARLES CORP (SCHW) and DOLLAR GEN CORP NEW (DG) stocks. They significantly reduced their stock positions in TEXAS PACIFIC LAND CORPORATI (TPL), SPDR SER TR (BIL) and SCHWAB STRATEGIC TR (FNDA). MERIDIAN MANAGEMENT CO opened new stock positions in FORTINET INC (FTNT), VANGUARD INDEX FDS (VB) and DIMENSIONAL ETF TRUST (DFAC). The fund showed a lot of confidence in some stocks as they added substantially to AMAZON COM INC (AMZN), ISHARES TR (IJR) and FISERV INC.

MERIDIAN MANAGEMENT CO Annual Return Estimates Vs S&P 500

Our best estimate is that MERIDIAN MANAGEMENT CO made a return of 4.34% in the last quarter. In trailing 12 months, it's portfolio return was 11.91%.

New Buys

Ticker	$ Bought
fortinet inc	3,371,950
vanguard index fds	214,835
dimensional etf trust	211,833
ishares inc	211,728

New stocks bought by MERIDIAN MANAGEMENT CO

Additions

Ticker	% Inc.
amazon com inc	27.64
ishares tr	21.87
ishares tr	11.74
fiserv inc	8.49
nvidia corporation	8.05
microsoft corp	7.42
keysight technologies inc	6.32
coca cola co	6.29

Additions to existing portfolio by MERIDIAN MANAGEMENT CO

Reductions

Ticker	% Reduced
texas pacific land corporati	-37.11
spdr ser tr	-24.51
schwab strategic tr	-8.26
home bancshares inc	-6.35
ishares tr	-6.16
ishares tr	-6.05
schwab strategic tr	-3.81
vanguard index fds	-3.72

MERIDIAN MANAGEMENT CO reduced stake in above stock

Sold off

Ticker	$ Sold
etsy inc	-3,739,860
schwab charles corp	-3,224,380
fs credit opportunities corp	-176,513
dollar gen corp new	-3,018,150
united cmnty bks blairsvle g	-278,125
immunitybio inc	-63,200
charles riv labs intl inc	-1,917,060
merck & co inc	-227,984

MERIDIAN MANAGEMENT CO got rid off the above stocks

Sector Distribution

MERIDIAN MANAGEMENT CO has about 68.2% of it's holdings in Others sector.

Sector	%
Others	68.2
Technology	8.4
Industrials	4.7
Healthcare	3.8
Consumer Defensive	3.7
Financial Services	3.5
Communication Services	3.3
Consumer Cyclical	3.1
Energy	1.1

Market Cap. Distribution

MERIDIAN MANAGEMENT CO has about 29.5% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	68.2
MEGA-CAP	15.1
LARGE-CAP	14.4
MID-CAP	2.2

Stocks belong to which Index?

About 30.5% of the stocks held by MERIDIAN MANAGEMENT CO either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	69.2
S&P 500	30.5

Top 5 Winners (%)		%
PYPL	paypal hldgs inc	33.7 %
IBM	international business machs	27.8 %
CARR	carrier global corporation	27.6 %
LMT	lockheed martin corp	25.1 %
AFL	aflac inc	25.0 %

Top 5 Winners ($)		$
IJR	ishares tr	2.0 M
WMT	walmart inc	1.9 M
PYPL	paypal hldgs inc	1.7 M
IJR	ishares tr	1.3 M
GNRC	generac hldgs inc	0.9 M

Top 5 Losers (%)		%
FANG	diamondback energy inc	-13.8 %
FDX	fedex corp	-8.7 %
GOOG	alphabet inc	-8.5 %
MSFT	microsoft corp	-3.4 %
AMZN	amazon com inc	-2.5 %

Top 5 Losers ($)		$
FANG	diamondback energy inc	-0.6 M
GOOG	alphabet inc	-0.5 M
AMZN	amazon com inc	-0.2 M
MSFT	microsoft corp	0.0 M
FDX	fedex corp	0.0 M

MERIDIAN MANAGEMENT CO Holdings Map

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

Current Stock Holdings of MERIDIAN MANAGEMENT CO

MERIDIAN MANAGEMENT CO has 93 stocks in it's portfolio. About 54.4% of the portfolio is in top 10 stocks. FANG proved to be the most loss making stock for the portfolio. IJR was the most profitable stock for MERIDIAN MANAGEMENT CO last quarter.

Last Reported on: 04 Nov, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	2.00	33,724	7,857,750	added	0.2

AAXJ	ishares tr	4.50	165,327	17,706,500	added	3.15

AAXJ	ishares tr	0.08	5,640	302,957	reduced	-6.05

ABBV	abbvie inc	0.07	1,328	262,242	added	5.9

ACWF	ishares tr	3.16	395,975	12,445,500	reduced	-6.16

ACWF	ishares tr	0.06	3,518	220,514	reduced	-3.11

AFL	aflac inc	0.08	2,822	315,493	added	0.71

ALGN	align technology inc	1.01	15,665	3,983,920	added	3.13

AMPS	ishares tr	0.12	4,000	470,480	unchanged	0.00

AMPS	ishares tr	0.10	7,430	379,227	unchanged	0.00

AMZN	amazon com inc	1.58	33,460	6,234,600	added	27.64

AOA	ishares tr	0.08	1,421	312,619	unchanged	0.00

AVGO	broadcom inc	0.08	1,786	308,085	added	2.06

BIL	spdr ser tr	0.22	9,260	850,161	reduced	-0.6

BIL	spdr ser tr	0.17	6,853	682,436	reduced	-24.51

BMY	bristol-myers squibb co	0.37	28,283	1,463,370	added	0.65

BNDW	vanguard scottsdale fds	6.07	285,470	23,908,100	added	5.47

CARR	carrier global corporation	0.25	12,347	993,810	added	0.24

CCRV	ishares u s etf tr	0.09	6,900	353,556	unchanged	0.00

CGW	invesco exch traded fd tr ii	0.06	5,741	241,563	added	0.03