MERIDIAN INVESTMENT COUNSEL INC's Q3 2024 13F: 9 new positions, 11 exits
Form 13F-HR for the quarter ended Sep 30, 2024 · filed Nov 6, 2024 · 212 reported positions · accession 0001427351-24-000010
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Reduced | APPLE INC (AAPL) | 4.4% | 4.3% | −0.1 pts | −5,510 sh | −8% |
| Increased | SPDR S&P MIDCAP 400 ETF TR (MDY) | 0.6% | 0.8% | +0.3 pts | +1,497 sh | +44% |
| Increased | SELECT SECTOR SPDR TR (XLU) | 1.2% | 1.5% | +0.4 pts | +9,325 sh | +17% |
| Increased | MEDTRONIC PLC (MDT) | 0.1% | 0.3% | +0.2 pts | +7,948 sh | +170% |
| Increased | ISHARES TR (IWM) | 0.4% | 0.6% | +0.2 pts | +2,890 sh | +53% |
| Increased | TOYOTA MOTOR CORP (TM) | 0.2% | 0.4% | +0.1 pts | +3,505 sh | +97% |
| Increased | JOHNSON & JOHNSON (JNJ) | 0.9% | 1.1% | +0.2 pts | +3,710 sh | +20% |
| Increased | INVESCO EXCHANGE TRADED FD T (RSP) | 1.0% | 1.2% | +0.2 pts | +3,303 sh | +17% |
| Increased | BERKSHIRE HATHAWAY INC DEL (BRK-B) | 0.8% | 1.1% | +0.2 pts | +1,213 sh | +19% |
| New | VANGUARD WORLD FD (VDC) | — | 0.2% | +0.2 pts | +2,435 sh | new |
| Increased | VANGUARD INDEX FDS (VOO) | 0.2% | 0.4% | +0.2 pts | +954 sh | +66% |
| Reduced | ISHARES INC (EWJ) | 0.2% | 0.1% | −0.1 pts | −6,924 sh | −62% |
| Increased | KINDER MORGAN INC DEL (KMI) | 0.5% | 0.7% | +0.2 pts | +22,086 sh | +27% |
| Exited | TE CONNECTIVITY LTD (TELXXXX) | 0.1% | — | −0.1 pts | −2,799 sh | −100% |
| Exited | OMEGA HEALTHCARE INVS INC (OHI) | 0.1% | — | −0.1 pts | −11,286 sh | −100% |
| New |
TE CONNECTIVITY PLC (TEL)
new — newly listed security (e.g. spin-off)
|
— | 0.1% | +0.1 pts | +2,624 sh | new |
| Reduced | TAIWAN SEMICONDUCTOR MFG LTD (TSM) | 5.9% | 5.5% | −0.4 pts | −2,159 sh | −2% |
| Reduced | BAIN CAP SPECIALTY FIN INC (BCSF) | 0.2% | 0.1% | −0.1 pts | −22,300 sh | −54% |
| Reduced | MICROSOFT CORP (MSFT) | 4.1% | 3.7% | −0.4 pts | −859 sh | −3% |
| Reduced | ISHARES TR (EFA) | 0.2% | 0.1% | −0.1 pts | −3,929 sh | −40% |
| Increased | KEURIG DR PEPPER INC (KDP) | 0.5% | 0.6% | +0.1 pts | +8,500 sh | +19% |
| Exited | S&P GLOBAL INC (SPGI) | 0.1% | — | −0.1 pts | −676 sh | −100% |
| Exited | SPDR SER TR (BIL) | 0.1% | — | −0.1 pts | −3,233 sh | −100% |
| Exited | BOEING CO (BA) | 0.1% | — | −0.1 pts | −1,548 sh | −100% |
| Reduced | SPDR S&P 500 ETF TR (SPY) | 1.3% | 1.2% | −0.1 pts | −508 sh | −7% |
| Increased | SPDR SER TR (XES) | 0.2% | 0.2% | +0.1 pts | +3,400 sh | +55% |
| Exited | ELEVANCE HEALTH INC (ELV) | 0.1% | — | −0.1 pts | −480 sh | −100% |
| Reduced | PEPSICO INC (PEP) | 0.3% | 0.2% | −0.1 pts | −1,554 sh | −26% |
| Reduced | O-I GLASS INC (OI) | 0.5% | 0.5% | 0.0 pts | −19,666 sh | −13% |
| New | ISHARES TR (IHI) | — | 0.1% | +0.1 pts | +4,250 sh | new |
| New | ENTERGY CORP NEW (ETR) | — | 0.1% | +0.1 pts | +1,800 sh | new |
| New | TESLA INC (TSLA) | — | 0.1% | +0.1 pts | +880 sh | new |
| New | POPULAR INC (BPOP) | — | 0.1% | +0.1 pts | +2,250 sh | new |
| Exited | SHELL PLC (SHEL) | 0.1% | — | −0.1 pts | −2,977 sh | −100% |
| Increased | OCCIDENTAL PETE CORP (OXY) | 0.2% | 0.2% | 0.0 pts | +4,300 sh | +54% |
| New | PUBLIC STORAGE OPER CO (PSA) | — | 0.1% | +0.1 pts | +580 sh | new |
| New | INVESCO EXCH TRADED FD TR II (PSCD) | — | 0.1% | +0.1 pts | +1,882 sh | new |
| Increased | FRANKLIN TEMPLETON ETF TR (FLGB) | 0.3% | 0.4% | +0.1 pts | +7,300 sh | +18% |
| New | UNITEDHEALTH GROUP INC (UNH) | — | 0.1% | +0.1 pts | +356 sh | new |
| New | SCHWAB STRATEGIC TR (FNDA) | — | 0.1% | +0.1 pts | +3,416 sh | new |
| Increased | VANGUARD WORLD FD (VHT) | 0.1% | 0.2% | +0.1 pts | +715 sh | +46% |
| Increased | AMAZON COM INC (AMZN) | 0.2% | 0.2% | 0.0 pts | +1,055 sh | +34% |
| Reduced | INVESCO QQQ TR (QQQ) | 0.8% | 0.7% | −0.1 pts | −396 sh | −8% |
| Reduced | METLIFE INC (MET) | 1.2% | 1.3% | +0.1 pts | −2,330 sh | −4% |
| Reduced | CBRE GROUP INC (CBRE) | 0.8% | 1.0% | +0.2 pts | −1,500 sh | −5% |
| Reduced | KENVUE INC (KVUE) | 0.5% | 0.5% | 0.0 pts | −7,730 sh | −10% |
| Reduced | RTX CORPORATION (RTX) | 0.2% | 0.2% | 0.0 pts | −1,470 sh | −20% |
| Reduced | GILEAD SCIENCES INC (GILD) | 0.5% | 0.5% | 0.0 pts | −2,100 sh | −9% |
| Reduced | SPDR SER TR (XBI) | 0.5% | 0.4% | 0.0 pts | −1,760 sh | −11% |
| Reduced | ORACLE CORP (ORCL) | 1.2% | 1.3% | +0.1 pts | −1,000 sh | −4% |
The 50 largest of 163 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 — 27.7% of the equity book
Changes in the top 10 this quarter: XLU entered · QCOM left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | TAIWAN SEMICONDUCTOR MFG LTD (TSM) | 5.9% | 5.5% | |
| 2 | APPLE INC (AAPL) | 4.4% | 4.3% | |
| 3 | MICROSOFT CORP (MSFT) | 4.1% | 3.7% | |
| 4 | ADOBE INC (ADBE) | 3.9% | 3.5% | |
| 5 | CHEVRON CORP NEW (CVX) | 2.7% | 2.5% | |
| 6 | ISHARES GOLD TR (IAU) | 1.8% | 1.9% | |
| 7 | FEDEX CORP (FDX) | 1.9% | 1.7% | |
| 8 | ABBVIE INC (ABBV) | 1.5% | 1.7% | |
| 9 | NORFOLK SOUTHN CORP (NSC) | 1.5% | 1.6% | |
| 10 | SELECT SECTOR SPDR TR (XLU) | 1.2% | 1.5% | Entered the top 10 |
| — | QUALCOMM INC (QCOM) | 1.8% | 1.4% | 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).