MERIDIAN INVESTMENT COUNSEL INC's Q3 2023 13F: 3 new positions, 6 exits
Form 13F-HR for the quarter ended Sep 30, 2023 · filed Nov 3, 2023 · 204 reported positions · accession 0001427351-23-000008
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| New | KENVUE INC (KVUE) | — | 0.6% | +0.6 pts | +77,336 sh | new |
| Reduced | JOHNSON & JOHNSON (JNJ) | 1.7% | 1.2% | −0.5 pts | −8,239 sh | −29% |
| Increased | SELECT SECTOR SPDR TR (XLU) | 0.4% | 0.7% | +0.3 pts | +13,370 sh | +76% |
| New | MONGODB INC (MDB) | — | 0.2% | +0.2 pts | +1,742 sh | new |
| Reduced | APPLE INC (AAPL) | 4.0% | 3.6% | −0.5 pts | −2,572 sh | −4% |
| Exited | ABSOLUTE SOFTWARE CORP (ABST) | 0.1% | — | −0.1 pts | −36,413 sh | −100% |
| Increased | TEGNA INC (TGNA) | 0.5% | 0.6% | +0.1 pts | +21,250 sh | +25% |
| Increased | MICROSOFT CORP (MSFT) | 3.6% | 3.7% | 0.0 pts | +919 sh | +3% |
| Exited | TAPESTRY INC (TPR) | 0.1% | — | −0.1 pts | −6,888 sh | −100% |
| Increased | BRITISH AMERN TOB PLC (BTI) | 0.6% | 0.7% | +0.1 pts | +8,775 sh | +18% |
| Exited | KRAFT HEINZ CO (KHC) | 0.1% | — | −0.1 pts | −7,649 sh | −100% |
| New | SPDR SER TR (XES) | — | 0.1% | +0.1 pts | +2,355 sh | new |
| Exited | VANGUARD BD INDEX FDS (BIV) | 0.1% | — | −0.1 pts | −2,813 sh | −100% |
| Reduced | FEDEX CORP (FDX) | 1.9% | 2.1% | +0.2 pts | −750 sh | −3% |
| Exited | KEYSIGHT TECHNOLOGIES INC (KEYS) | 0.1% | — | −0.1 pts | −1,225 sh | −100% |
| Reduced | AT&T INC (T) | 0.4% | 0.3% | −0.1 pts | −10,472 sh | −15% |
| Reduced | ABBVIE INC (ABBV) | 1.5% | 1.6% | +0.2 pts | −1,035 sh | −3% |
| Reduced | ISHARES GOLD TR (IAU) | 1.8% | 1.7% | 0.0 pts | −4,218 sh | −3% |
| Reduced | WINNEBAGO INDS INC (WGO) | 1.9% | 1.7% | −0.2 pts | −2,465 sh | −3% |
| Reduced | ORACLE CORP (ORCL) | 1.4% | 1.2% | −0.1 pts | −1,357 sh | −4% |
| Reduced | NUCOR CORP (NUE) | 0.6% | 0.6% | −0.1 pts | −900 sh | −8% |
| Reduced | MCKESSON CORP (MCK) | 0.9% | 0.9% | 0.0 pts | −300 sh | −5% |
| Reduced | AMAZON COM INC (AMZN) | 0.2% | 0.1% | 0.0 pts | −975 sh | −25% |
| Reduced | BLACKROCK CALIF MUN INCOME T (BFZ) | 0.3% | 0.2% | −0.1 pts | −11,200 sh | −17% |
| Reduced | KINDER MORGAN INC DEL (KMI) | 0.5% | 0.5% | 0.0 pts | −6,500 sh | −7% |
| Reduced | O-I GLASS INC (OI) | 1.4% | 1.1% | −0.3 pts | −6,200 sh | −3% |
| Reduced | SALESFORCE INC (CRM) | 0.2% | 0.1% | 0.0 pts | −500 sh | −23% |
| Exited | PIMCO INCOME STRATEGY FD II (PFN) | 0.0% | — | 0.0 pts | −14,100 sh | −100% |
| Reduced | NOVO-NORDISK A S (NVO) | 0.7% | 0.8% | +0.1 pts | −1,030 sh | −4% |
| Reduced | SPDR S&P 500 ETF TR (SPY) | 1.2% | 1.2% | 0.0 pts | −198 sh | −3% |
| Reduced | QUALCOMM INC (QCOM) | 1.3% | 1.2% | −0.1 pts | −729 sh | −2% |
| Reduced | CONSTELLATION BRANDS INC (STZ) | 0.3% | 0.3% | 0.0 pts | −310 sh | −9% |
| Reduced | INVESCO SR INCOME TR (VVR) | 0.2% | 0.1% | 0.0 pts | −18,391 sh | −16% |
| Reduced | MIDCAP FINANCIAL INVSTMNT CO (MFIC) | 0.4% | 0.4% | 0.0 pts | −5,000 sh | −6% |
| Reduced | WALGREENS BOOTS ALLIANCE INC (WBA) | 0.3% | 0.2% | −0.1 pts | −3,085 sh | −10% |
| Reduced | MOLSON COORS BEVERAGE CO (TAP) | 1.1% | 1.1% | 0.0 pts | −1,050 sh | −2% |
| Reduced | BP PLC (BP) | 0.9% | 1.0% | +0.1 pts | −1,675 sh | −2% |
| Increased | HONEYWELL INTL INC (HON) | 0.5% | 0.5% | 0.0 pts | +350 sh | +5% |
| Reduced | METLIFE INC (MET) | 1.2% | 1.3% | +0.2 pts | −1,000 sh | −2% |
| Increased | INVESCO EXCHANGE TRADED FD T (RSP) | 0.9% | 1.0% | 0.0 pts | +429 sh | +2% |
| Reduced | GILEAD SCIENCES INC (GILD) | 0.7% | 0.7% | 0.0 pts | −800 sh | −3% |
| Reduced | BERKSHIRE HATHAWAY INC DEL (BRK-B) | 0.8% | 0.8% | 0.0 pts | −170 sh | −3% |
| Reduced | DRAFTKINGS INC NEW (DKNG) | 0.1% | 0.1% | 0.0 pts | −2,000 sh | −17% |
| Reduced | WEYERHAEUSER CO MTN BE (WY) | 1.0% | 0.9% | −0.1 pts | −1,800 sh | −2% |
| Reduced | PFIZER INC (PFE) | 0.9% | 0.8% | −0.1 pts | −1,600 sh | −2% |
| Reduced | BAIN CAP SPECIALTY FIN INC (BCSF) | 0.2% | 0.2% | 0.0 pts | −3,250 sh | −7% |
| Reduced | KIMBERLY-CLARK CORP (KMB) | 0.3% | 0.3% | 0.0 pts | −400 sh | −6% |
| Increased | TAIWAN SEMICONDUCTOR MFG LTD (TSM) | 3.8% | 3.5% | −0.3 pts | +535 sh | +1% |
| Reduced | VODAFONE GROUP PLC NEW (VOD) | 0.2% | 0.2% | 0.0 pts | −4,557 sh | −8% |
| Reduced | SELECT SECTOR SPDR TR (XLC) | 0.2% | 0.2% | 0.0 pts | −600 sh | −7% |
The 50 largest of 123 changes, by size of the trade. Full holdings for this quarter.
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
Top 10 positions — 28.5% of the equity book
Changes in the top 10 this quarter: ABBV entered · JNJ left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | ADOBE INC (ADBE) | 3.9% | 4.3% | |
| 2 | CHEVRON CORP NEW (CVX) | 3.5% | 4.0% | |
| 3 | MICROSOFT CORP (MSFT) | 3.6% | 3.7% | |
| 4 | APPLE INC (AAPL) | 4.0% | 3.6% | |
| 5 | TAIWAN SEMICONDUCTOR MFG LTD (TSM) | 3.8% | 3.5% | |
| 6 | SI-BONE INC (SIBN) | 2.8% | 2.4% | |
| 7 | FEDEX CORP (FDX) | 1.9% | 2.1% | |
| 8 | WINNEBAGO INDS INC (WGO) | 1.9% | 1.7% | |
| 9 | ISHARES GOLD TR (IAU) | 1.8% | 1.7% | |
| 10 | ABBVIE INC (ABBV) | 1.5% | 1.6% | Entered the top 10 |
| — | JOHNSON & JOHNSON (JNJ) | 1.7% | 1.2% | Left the top 10 |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).