MERIDIAN INVESTMENT COUNSEL INC.
CIK 1427351 · View on SEC EDGAR ↗
- Portfolio value
- $465.9M
- Positions
- 250
- As of
- June 30, 2026
#3,961 of 9,443 by 13F value · top 41.9%
Portfolio value QoQ: +10.9% 13F does not disclose cash
- Top 10 holdings weight
- 26.17%
- Top 25 holdings weight
- 43.39%
- Positions above 1%
- 22
- Effective number of positions
- 63.9
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 4.65% Est. buys $20,581,382 · sells $23,174,007
Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 88.7% still held
- New positions
- 19
- Increased
- 39
- Decreased
- 120
- Closed
- 6
On this page
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- High-conviction bets The holdings this manager is most concentrated in.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Sector breakdown
Technology
27.2%
Industrials
7.3%
Financials
6.9%
Healthcare
6.9%
Energy
3.9%
Financial Services
3.2%
Retail
2.7%
Communication Services
2.6%
Materials
2.1%
Real Estate
1.8%
Consumer Discretionary
1.8%
Consumer Staples
1.4%
Utilities
1.1%
Communications
0.8%
Logistics & Transportation
0.8%
Telecommunication
0.6%
Consumer products
0.3%
Packaging
0.1%
Other/Unmapped
28.6%
Full portfolio 250 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| TSM Taiwan Semiconductor Manufacturing Company Ltd. | $38,309,233 | 8.22% | 80,217 | $9,703,793 | Down ×6 | ||
| AAPL Apple Inc. - Common Stock | $20,226,662 | 4.34% | 69,901 | $2,239,409 | Down ×1 | ||
| MSFT Microsoft Corporation - Common Stock | $10,242,531 | 2.20% | 27,458 | $-99,731 | Down ×1 | ||
| MU Micron Technology, Inc. - Common Stock | $9,494,035 | 2.04% | 8,225 | $6,502,462 | Down ×1 | ||
| IAU | $8,905,121 | 1.91% | 117,933 | $-1,847,754 | Down ×4 | ||
| CVX Chevron Corporation Common Stock | $7,955,154 | 1.71% | 47,992 | $-1,053,065 | Up ×1 | ||
| XLU XLU | $7,192,980 | 1.54% | 158,645 | $-178,714 | Down ×1 | ||
| IWM | $6,715,658 | 1.44% | 22,352 | $1,153,762 | Down ×1 | ||
| BAC Bank of America Corporation Common Stock | $6,451,504 | 1.38% | 113,224 | $2,441,865 | Up ×2 | ||
| ABBV AbbVie Inc. Common Stock | $6,418,330 | 1.38% | 25,506 | $691,601 | Down ×4 | ||
| NSC Norfolk Southern Corporation Common Stock | $6,383,660 | 1.37% | 20,292 | $473,469 | Down ×1 | ||
| WMT Walmart Inc. - Common Stock | $5,979,222 | 1.28% | 52,792 | $-604,387 | Down ×3 | ||
| TRV The Travelers Companies, Inc. Common Stock | $5,962,958 | 1.28% | 18,063 | $606,838 | Down ×1 | ||
| IGM | $5,767,340 | 1.24% | 35,257 | $1,589,033 | |||
| JNJ Johnson & Johnson Common Stock | $5,766,135 | 1.24% | 22,704 | $39,639 | Down ×3 | ||
| MDY | $5,761,649 | 1.24% | 8,192 | $488,159 | Down ×4 | ||
| RSP | $5,667,342 | 1.22% | 26,636 | $531,755 | Down ×1 | ||
| COF Capital One Financial Corporation Common Stock | $5,458,670 | 1.17% | 27,209 | $862,346 | Up ×3 | ||
| Q Qnity Electronics, Inc. Common Stock | $5,380,738 | 1.15% | 32,948 | $1,890,378 | Up ×2 | ||
| PLTR Palantir Technologies Inc. - Class A Common Stock | $5,123,563 | 1.10% | 43,915 | $-1,534,371 | Down ×1 | ||
| CGXU | $4,953,776 | 1.06% | 143,090 | $695,715 | Down ×1 | ||
| XLI XLI | $4,838,578 | 1.04% | 26,122 | $489,335 | Down ×1 | ||
| META Meta Platforms, Inc. - Class A Common Stock | $4,478,155 | 0.96% | 7,950 | $545,906 | Up ×4 | ||
| CRWD CrowdStrike Holdings, Inc. - Class A Common Stock | $4,384,239 | 0.94% | 5,745 | $2,110,491 | Down ×1 | ||
| INTC Intel Corporation - Common Stock | $4,342,493 | 0.93% | 31,100 | $2,909,592 | Down ×1 | ||
| HD Home Depot, Inc. (The) Common Stock | $4,240,272 | 0.91% | 12,023 | $283,396 | Down ×3 | ||
| QCOM QUALCOMM Incorporated - Common Stock | $4,040,249 | 0.87% | 21,864 | $1,032,077 | Down ×3 | ||
| GILD Gilead Sciences, Inc. - Common Stock | $3,973,393 | 0.85% | 31,450 | $-507,353 | Down ×1 | ||
| DIA | $3,953,448 | 0.85% | 7,568 | $448,026 | |||
| CSCO Cisco Systems, Inc. - Common Stock | $3,940,308 | 0.85% | 33,546 | $1,259,887 | Down ×1 | ||
| MET MetLife, Inc. Common Stock | $3,699,149 | 0.79% | 43,720 | $401,122 | Down ×5 | ||
| FDX FedEx Corporation Common Stock | $3,676,772 | 0.79% | 11,742 | $-530,426 | Down ×6 | ||
| ORCL Oracle Corporation Common Stock | $3,668,000 | 0.79% | 25,029 | $-16,811 | Down ×1 | ||
| GEV GE Vernova Inc. Common Stock | $3,659,689 | 0.79% | 3,115 | $912,673 | Down ×3 | ||
| BRKB | $3,634,333 | 0.78% | 7,263 | $-872,543 | Down ×2 | ||
| BTI British American Tobacco Industries, p.l.c. Common Stock ADR | $3,560,649 | 0.76% | 57,653 | $120,450 | Down ×3 | ||
| GE GE Aerospace Common Stock | $3,527,417 | 0.76% | 9,438 | $820,986 | Down ×4 | ||
| CBRE CBRE Group Inc Common Stock Class A | $3,513,254 | 0.75% | 26,084 | $-20,085 | |||
| C Citigroup, Inc. Common Stock | $3,492,142 | 0.75% | 24,951 | $636,932 | Down ×1 | ||
| ADBE Adobe Inc. - Common Stock | $3,435,110 | 0.74% | 16,755 | $-660,788 | Down ×4 | ||
| DOC Healthpeak Properties, Inc. Common Stock | $3,393,419 | 0.73% | 158,571 | $766,410 | Down ×1 | ||
| MCK McKesson Corporation Common Stock | $3,329,929 | 0.71% | 4,407 | $-48,436 | Up ×1 | ||
| XBI XBI | $3,173,387 | 0.68% | 20,053 | $672,689 | Up ×6 | ||
| SPY SPY | $3,089,387 | 0.66% | 4,137 | $-5,581 | Down ×6 | ||
| SCHF | $3,082,373 | 0.66% | 111,277 | $292,998 | Down ×1 | ||
| CP Canadian Pacific Kansas City Limited Common Shares | $3,060,911 | 0.66% | 35,325 | $126,106 | Down ×2 | ||
| NVO Novo Nordisk A/S Common Stock | $3,024,583 | 0.65% | 63,091 | $739,027 | Up ×1 | ||
| KMI Kinder Morgan, Inc. Common Stock | $2,991,525 | 0.64% | 93,573 | $-264,502 | Down ×3 | ||
| JPM JP Morgan Chase & Co. Common Stock | $2,921,420 | 0.63% | 8,925 | $322,516 | Up ×2 | ||
| XLV XLV | $2,888,336 | 0.62% | 18,205 | $204,704 | Down ×1 | ||
| CWI | $2,856,620 | 0.61% | 70,239 | $249,985 | Down ×1 | ||
| XLB XLB | $2,821,086 | 0.61% | 55,500 | $-107,177 | Down ×1 | ||
| VGT | $2,792,943 | 0.60% | 23,368 | $739,553 | Up ×1 | ||
| CB Chubb Limited Common Stock | $2,722,513 | 0.58% | 7,990 | $381,032 | Up ×1 | ||
| B Barrick Mining Corporation Common Shares | $2,651,318 | 0.57% | 72,184 | $-321,416 | Down ×1 | ||
| FNDA | $2,644,675 | 0.57% | 69,487 | $360,695 | Down ×1 | ||
| LHX L3Harris Technologies, Inc. Common Stock | $2,630,711 | 0.56% | 9,053 | $-578,494 | Down ×3 | ||
| AMGN Amgen Inc. - Common Stock | $2,533,029 | 0.54% | 6,995 | $56,005 | Down ×1 | ||
| QQQ Invesco QQQ Trust, Series 1 | $2,463,994 | 0.53% | 3,346 | $475,032 | Down ×3 | ||
| IBM International Business Machines Corporation Common Stock | $2,454,401 | 0.53% | 8,728 | $307,310 | Down ×1 | ||
| UBER Uber Technologies, Inc. Common Stock | $2,434,101 | 0.52% | 33,732 | $-11,447 | Down ×1 | ||
| FLGB | $2,420,012 | 0.52% | 68,575 | $12,013 | Down ×1 | ||
| NOW ServiceNow, Inc. Common Stock | $2,406,944 | 0.52% | 24,244 | $481,969 | Up ×1 | ||
| GOOGL Alphabet Inc. - Class A Common Stock | $2,321,118 | 0.50% | 6,495 | $459,167 | Up ×5 | ||
| AEP American Electric Power Company, Inc. - Common Stock | $2,269,678 | 0.49% | 16,590 | $26,244 | Down ×5 | ||
| VZ Verizon Communications Inc. Common Stock | $2,263,235 | 0.49% | 53,454 | $322,612 | Up ×1 | ||
| ALAB Astera Labs, Inc. - Common Stock | $2,248,458 | 0.48% | 4,655 | Up ×1 | |||
| ARCB ArcBest Corporation - Common Stock | $2,186,832 | 0.47% | 15,235 | $688,317 | |||
| LIN Linde plc - Ordinary Shares | $2,132,843 | 0.46% | 4,110 | $60,566 | Down ×1 | ||
| VOO | $2,127,072 | 0.46% | 3,097 | $200,152 | Down ×1 | ||
| MDT Medtronic plc. Ordinary Shares | $2,089,602 | 0.45% | 26,711 | $-347,429 | Down ×1 | ||
| NUE Nucor Corporation Common Stock | $2,060,438 | 0.44% | 9,250 | $484,426 | Down ×3 | ||
| WFC Wells Fargo & Company Common Stock | $2,013,772 | 0.43% | 24,368 | $88,563 | Up ×1 | ||
| STX Seagate Technology Holdings PLC - Ordinary Shares (Ireland) | $1,989,830 | 0.43% | 2,062 | $1,100,927 | Down ×1 | ||
| VXUS Vanguard Total International Stock ETF | $1,909,334 | 0.41% | 22,334 | $-242,189 | Down ×1 | ||
| IJR | $1,863,960 | 0.40% | 12,568 | $307,847 | Up ×2 | ||
| DGT | $1,842,553 | 0.40% | 9,971 | $109,606 | Down ×4 | ||
| NVDA NVIDIA Corporation - Common Stock | $1,827,222 | 0.39% | 9,132 | $-445,559 | Down ×1 | ||
| XLE XLE | $1,824,222 | 0.39% | 34,348 | $49,520 | Up ×1 | ||
| BP BP p.l.c. Common Stock | $1,819,233 | 0.39% | 49,235 | $-540,261 | Down ×3 | ||
| EG Everest Group, Ltd. Common Stock | $1,796,867 | 0.39% | 5,030 | $46,585 | Down ×1 | ||
| VEA | $1,773,626 | 0.38% | 24,893 | $181,558 | Up ×1 | ||
| FNDF | $1,772,050 | 0.38% | 33,587 | $154,962 | Up ×3 | ||
| CMCSA Comcast Corporation - Class A Common Stock | $1,745,260 | 0.37% | 71,090 | $-395,358 | Down ×6 | ||
| GOOG Alphabet Inc. - Class C Capital Stock | $1,740,504 | 0.37% | 4,926 | $-507,862 | Down ×1 | ||
| XES | $1,714,264 | 0.37% | 15,295 | $-586,162 | Down ×1 | ||
| VB | $1,650,185 | 0.35% | 5,444 | $-81,368 | Down ×1 | ||
| GPC Genuine Parts Company Common Stock | $1,630,012 | 0.35% | 13,816 | $147,820 | Down ×2 | ||
| AXON Axon Enterprise, Inc. - Common Stock | $1,557,935 | 0.33% | 2,779 | $377,721 | |||
| BRKA | $1,497,700 | 0.32% | 2 | $-1,374,860 | Down ×1 | ||
| MTG MGIC Investment Corporation Common Stock | $1,491,780 | 0.32% | 52,900 | $103,155 | |||
| FCX Freeport-McMoRan, Inc. Common Stock | $1,459,991 | 0.31% | 23,215 | $66,023 | Down ×1 | ||
| WGO Winnebago Industries, Inc. Common Stock | $1,436,478 | 0.31% | 45,982 | $-482,702 | Down ×4 | ||
| QUAL | $1,431,122 | 0.31% | 6,522 | $235,378 | Up ×1 | ||
| XOM Exxon Mobil Corporation Common Stock | $1,416,419 | 0.30% | 10,360 | $-430,330 | Down ×2 | ||
| MS Morgan Stanley Common Stock | $1,402,658 | 0.30% | 6,710 | $298,393 | |||
| AMZN Amazon.com, Inc. - Common Stock | $1,381,419 | 0.30% | 5,796 | $126,384 | Down ×1 | ||
| ALL Allstate Corporation (The) Common Stock | $1,358,637 | 0.29% | 5,710 | $796,331 | Up ×1 | ||
| NEE NextEra Energy, Inc. Common Stock | $1,321,202 | 0.28% | 15,053 | $-76,921 | |||
| VWO | $1,299,213 | 0.28% | 21,766 | $122,761 | |||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| ALAB | $2,248,458 | 4,655 | 0.48% |
| Unknown issuer (CUSIP: 43849R105) | $1,095,451 | 4,955 | 0.24% |
| KDP | $1,060,452 | 32,400 | 0.23% |
| Unknown issuer (CUSIP: 438516205) | $1,032,627 | 4,612 | 0.22% |
| Unknown issuer (CUSIP: 314352105) | $885,615 | 5,865 | 0.19% |
| DVN | $467,371 | 11,311 | 0.10% |
| Unknown issuer (CUSIP: 26614N201) | $434,184 | 3,201 | 0.09% |
| MTUM | $272,207 | 794 | 0.06% |
| TSLA | $269,184 | 640 | 0.06% |
| PRCH | $235,632 | 15,667 | 0.05% |
| SCHA | $234,865 | 6,501 | 0.05% |
| PANW | $228,483 | 670 | 0.05% |
| SCHX | $226,323 | 7,690 | 0.05% |
| ADI | $222,018 | 559 | 0.05% |
| KLAC | $211,197 | 700 | 0.05% |
Top movers (QoQ)
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| HON | June 30, 2026 | 9,230 | $2,086,257 | -1.9% |
| GOLD | June 30, 2025 | 68,866 | $1,338,755 | 110.5% |
| TGNA | March 31, 2026 | 45,116 | $875,702 | No longer tracked |
| DD | June 30, 2026 | 14,234 | $651,917 | 3.3% |
| X | June 30, 2025 | 14,700 | $621,222 | No longer tracked |
| TAP | June 30, 2026 | 14,109 | $607,534 | 8.8% |
| CTRA | June 30, 2026 | 16,315 | $573,309 | No longer tracked |
| REGN | Dec. 31, 2025 | 854 | $480,179 | 8.5% |
| STZ | Sept. 30, 2025 | 2,640 | $429,475 | -0.3% |
| CX | Sept. 30, 2025 | 48,850 | $338,531 | 19.2% |
| KDP | March 31, 2026 | 12,050 | $337,521 | 21.0% |
| AXP | March 31, 2026 | 854 | $315,937 | 10.8% |
| XLF | March 31, 2025 | 6,475 | $312,937 | No longer tracked |
| TJX | March 31, 2025 | 2,199 | $265,661 | 15.9% |
| BSV | June 30, 2026 | 3,366 | $263,928 | No longer tracked |
| MTUM | March 31, 2026 | 1,041 | $260,573 | No longer tracked |
| DOW | March 31, 2025 | 6,187 | $248,284 | -5.9% |
| DKNG | March 31, 2026 | 7,150 | $246,389 | 15.6% |
| HPQ | March 31, 2026 | 10,851 | $241,760 | 54.3% |
| TSLA | March 31, 2026 | 519 | $233,405 | -6.2% |
| AMD | March 31, 2025 | 1,905 | $230,105 | 358.2% |
| PNQI | March 31, 2026 | 4,165 | $224,691 | |
| XYZ | Dec. 31, 2025 | 3,065 | $221,508 | 23.0% |
| BFZ | March 31, 2026 | 20,525 | $220,439 | No longer tracked |
| BMY | June 30, 2025 | 3,584 | $218,588 | 42.7% |
| SHEL | June 30, 2025 | 2,977 | $218,155 | 33.2% |
| CARR | Dec. 31, 2025 | 3,634 | $216,950 | 15.3% |
| PEO | June 30, 2026 | 7,779 | $216,256 | 16.0% |
| ISRG | March 31, 2026 | 376 | $212,951 | -19.0% |
| NFLX | Dec. 31, 2025 | 177 | $212,209 | -15.1% |
| SCHX | March 31, 2026 | 7,742 | $208,347 | No longer tracked |
| PSCD | March 31, 2025 | 1,882 | $205,008 | |
| CAR | Sept. 30, 2025 | 1,210 | $204,551 | -9.3% |
| ISRG | Sept. 30, 2025 | 375 | $203,779 | -16.5% |
| SYK | Sept. 30, 2025 | 508 | $200,980 | -10.6% |
| BBN | March 31, 2026 | 11,200 | $182,784 | -2.8% |
| VOD | March 31, 2025 | 12,943 | $109,886 | 69.9% |
| CHW | March 31, 2025 | 15,500 | $104,625 | 33.6% |
| USA | March 31, 2025 | 11,895 | $82,670 | -8.8% |
| VVR | Sept. 30, 2025 | 11,146 | $42,355 | -15.0% |
| UTFRT | Dec. 31, 2025 | 23,181 | $1,808 | No longer tracked |