MERIDIAN INVESTMENT COUNSEL INC's Q1 2025 13F: 6 new positions, 8 exits
Form 13F-HR for the quarter ended Mar 31, 2025 · filed Apr 29, 2025 · 211 reported positions · accession 0001427351-25-000005
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| New | BERKSHIRE HATHAWAY INC DEL (BRK-A) | — | 0.9% | +0.9 pts | +4 sh | new |
| New | CAPITAL GROUP INTL FOCUS EQT (CGXU) | — | 0.9% | +0.9 pts | +126K sh | new |
| Increased | SELECT SECTOR SPDR TR (XLI) | 0.3% | 1.0% | +0.6 pts | +16,248 sh | +192% |
| New | SCHWAB STRATEGIC TR (SCHF) | — | 0.6% | +0.6 pts | +97,994 sh | new |
| Reduced | ADOBE INC (ADBE) | 2.9% | 2.0% | −1.0 pts | −4,610 sh | −21% |
| Increased | JANUS DETROIT STR TR (JAAA) | 0.2% | 0.5% | +0.3 pts | +18,140 sh | +112% |
| Increased | ISHARES TR (IWM) | 0.9% | 1.0% | +0.1 pts | +3,639 sh | +26% |
| Increased | BERKSHIRE HATHAWAY INC DEL (BRK-B) | 1.2% | 1.6% | +0.4 pts | +1,290 sh | +14% |
| New | VANGUARD STAR FDS (VXUS) | — | 0.2% | +0.2 pts | +9,375 sh | new |
| Increased | INVESCO EXCHANGE TRADED FD T (RSP) | 1.3% | 1.4% | +0.1 pts | +3,355 sh | +14% |
| Reduced | SPDR S&P 500 ETF TR (SPY) | 1.1% | 0.9% | −0.2 pts | −913 sh | −14% |
| Increased | FRANKLIN TEMPLETON ETF TR (FLGB) | 0.4% | 0.6% | +0.2 pts | +16,625 sh | +34% |
| Exited | SELECT SECTOR SPDR TR (XLF) | 0.1% | — | −0.1 pts | −6,475 sh | −100% |
| Exited | TJX COS INC NEW (TJX) | 0.1% | — | −0.1 pts | −2,199 sh | −100% |
| Reduced | VANGUARD TAX-MANAGED FDS (VEA) | 0.4% | 0.4% | −0.1 pts | −5,150 sh | −18% |
| New | BLACKROCK INC (BLK) | — | 0.1% | +0.1 pts | +272 sh | new |
| Exited | DOW INC (DOW) | 0.1% | — | −0.1 pts | −6,187 sh | −100% |
| Reduced | TEGNA INC (TGNA) | 0.6% | 0.5% | −0.1 pts | −13,500 sh | −13% |
| Exited | ADVANCED MICRO DEVICES INC (AMD) | 0.1% | — | −0.1 pts | −1,905 sh | −100% |
| Increased | MEDTRONIC PLC (MDT) | 0.6% | 0.7% | +0.1 pts | +2,452 sh | +10% |
| New | SHELL PLC (SHEL) | — | 0.1% | +0.1 pts | +2,977 sh | new |
| Increased | VANGUARD WORLD FD (VDC) | 0.2% | 0.2% | +0.1 pts | +985 sh | +34% |
| Reduced | PALANTIR TECHNOLOGIES INC (PLTR) | 1.3% | 1.4% | +0.1 pts | −2,465 sh | −4% |
| Exited | INVESCO EXCH TRADED FD TR II (PSCD) | 0.1% | — | −0.1 pts | −1,882 sh | −100% |
| Increased | SPDR S&P MIDCAP 400 ETF TR (MDY) | 1.4% | 1.4% | 0.0 pts | +378 sh | +5% |
| Reduced | VANGUARD BD INDEX FDS (BSV) | 0.1% | 0.1% | −0.1 pts | −2,516 sh | −41% |
| Increased | HEALTHPEAK PROPERTIES INC (PEAK) | 0.7% | 0.7% | 0.0 pts | +9,198 sh | +8% |
| Reduced | O-I GLASS INC (OI) | 0.3% | 0.2% | 0.0 pts | −13,275 sh | −17% |
| Increased | SELECT SECTOR SPDR TR (XLU) | 1.7% | 1.8% | +0.1 pts | +1,872 sh | +3% |
| Reduced | FEDEX CORP (FDX) | 1.6% | 1.3% | −0.3 pts | −600 sh | −3% |
| Reduced | INVESCO QQQ TR (QQQ) | 0.7% | 0.6% | −0.1 pts | −293 sh | −6% |
| Reduced | ISHARES INC (EWT) | 0.2% | 0.2% | −0.1 pts | −2,887 sh | −19% |
| Reduced | BLACKROCK TAX MUNICPAL BD TR (BBN) | 0.1% | 0.1% | 0.0 pts | −8,167 sh | −30% |
| Increased | PFIZER INC (PFE) | 0.5% | 0.5% | 0.0 pts | +4,717 sh | +7% |
| Exited | VODAFONE GROUP PLC NEW (VOD) | 0.0% | — | 0.0 pts | −12,943 sh | −100% |
| Reduced | ISHARES INC (EWG) | 0.1% | 0.1% | 0.0 pts | −3,000 sh | −28% |
| Exited | CALAMOS GBL DYN INCOME FUND (CHW) | 0.0% | — | 0.0 pts | −15,500 sh | −100% |
| Increased | WEYERHAEUSER CO MTN BE (WY) | 0.6% | 0.7% | 0.0 pts | +3,435 sh | +5% |
| Increased | SPDR SER TR (XES) | 0.4% | 0.4% | 0.0 pts | +1,400 sh | +9% |
| Reduced | ISHARES TR (MTUM) | 0.1% | 0.1% | 0.0 pts | −463 sh | −31% |
| Increased | VANGUARD INDEX FDS (VOO) | 0.5% | 0.5% | 0.0 pts | +180 sh | +6% |
| Exited | LIBERTY ALL STAR EQUITY FD (USA) | 0.0% | — | 0.0 pts | −11,895 sh | −100% |
| Reduced | VERIZON COMMUNICATIONS INC (VZ) | 0.5% | 0.6% | 0.0 pts | −1,774 sh | −4% |
| Reduced | KEURIG DR PEPPER INC (KDP) | 0.5% | 0.5% | 0.0 pts | −2,205 sh | −4% |
| Reduced | CITIGROUP INC (C) | 0.6% | 0.6% | 0.0 pts | −1,050 sh | −4% |
| Reduced | KENVUE INC (KVUE) | 0.5% | 0.5% | 0.0 pts | −3,035 sh | −4% |
| Increased | BARRICK GOLD CORP (ABX) | 0.3% | 0.4% | +0.1 pts | +3,600 sh | +6% |
| Reduced | ABBVIE INC (ABBV) | 1.4% | 1.6% | +0.2 pts | −325 sh | −1% |
| Increased | GE HEALTHCARE TECHNOLOGIES I (GEHC) | 0.1% | 0.1% | 0.0 pts | +780 sh | +16% |
| Reduced | PACER FDS TR (PTLC) | 0.2% | 0.2% | 0.0 pts | −1,200 sh | −9% |
The 50 largest of 131 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 — 26.0% of the equity book
Changes in the top 10 this quarter: ABBV entered · BRK-B entered · FDX left · WMT left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | APPLE INC (AAPL) | 5.7% | 5.0% | |
| 2 | TAIWAN SEMICONDUCTOR MFG LTD (TSM) | 5.6% | 4.7% | |
| 3 | MICROSOFT CORP (MSFT) | 3.4% | 3.0% | |
| 4 | CHEVRON CORP NEW (CVX) | 2.4% | 2.7% | |
| 5 | ISHARES GOLD TR (IAU) | 1.9% | 2.2% | |
| 6 | ADOBE INC (ADBE) | 2.9% | 2.0% | |
| 7 | SELECT SECTOR SPDR TR (XLU) | 1.7% | 1.8% | |
| 8 | ABBVIE INC (ABBV) | 1.4% | 1.6% | Entered the top 10 |
| 9 | BERKSHIRE HATHAWAY INC DEL (BRK-B) | 1.2% | 1.6% | Entered the top 10 |
| 10 | NORFOLK SOUTHN CORP (NSC) | 1.5% | 1.5% | |
| — | FEDEX CORP (FDX) | 1.6% | 1.3% | Left the top 10 |
| — | WALMART INC (WMT) | 1.5% | 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).