Meridian Investment Counsel Inc 13F annual report
Meridian Investment Counsel Inc is an investment fund managing more than $314 billion ran by Michael Woodall. There are currently 180 companies in Mr. Woodall’s portfolio. The largest investments include Taiwan Semiconductor Mfg Ltd and Apple Inc, together worth $32.5 billion.
$314 billion Assets Under Management (AUM)
As of 12th July 2024, Meridian Investment Counsel Inc’s top holding is 106,831 shares of Taiwan Semiconductor Mfg Ltd currently worth over $18.6 billion and making up 5.9% of the portfolio value.
In addition, the fund holds 66,067 shares of Apple Inc worth $13.9 billion, whose value grew 17.0% in the past six months.
The third-largest holding is Microsoft worth $13 billion and the next is Adobe Inc worth $12.3 billion, with 22,189 shares owned.
Currently, Meridian Investment Counsel Inc's portfolio is worth at least $314 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Meridian Investment Counsel Inc
The Meridian Investment Counsel Inc office and employees reside in Lafayette, California. According to the last 13-F report filed with the SEC, Michael Woodall serves as the CFO at Meridian Investment Counsel Inc.
Recent trades
In the most recent 13F filing, Meridian Investment Counsel Inc revealed that it had opened a new position in
Vanguard World Fd and bought 3,183 shares worth $1.84 billion.
The investment fund also strengthened its position in Taiwan Semiconductor Mfg Ltd by buying
207 additional shares.
This makes their stake in Taiwan Semiconductor Mfg Ltd total 106,831 shares worth $18.6 billion.
On the other hand, there are companies that Meridian Investment Counsel Inc is getting rid of from its portfolio.
Meridian Investment Counsel Inc closed its position in Bristol-Myers Squibb Co on 19th July 2024.
It sold the previously owned 5,332 shares for $289 million.
Michael Woodall also disclosed a decreased stake in Microsoft by approximately 0.1%.
This leaves the value of the investment at $13 billion and 29,084 shares.
One of the smaller hedge funds
The two most similar investment funds to Meridian Investment Counsel Inc are Btg Pactual Global Asset Management Ltd and Mccarthy Grittinger. They manage $314 billion and $314 billion respectively.
Michael Woodall investment strategy
Meridian Investment Counsel Inc’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Technology — making up 17.2% of
the total portfolio value.
The fund focuses on investments in the United States as
46.7% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
46% of the total holdings value.
On the other hand, small-cap stocks make up only 3.3% of the portfolio.
The average market cap of the portfolio companies is close to $155 billion.
The complete list of Meridian Investment Counsel Inc trades based on 13F SEC filings
These positions were updated on July 19th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Taiwan Semiconductor Mfg Ltd |
0.19%
106,831
|
$18,568,296,000 | 5.92% |
| Apple Inc |
31.34%
66,067
|
$13,914,937,000 | 4.44% |
| Microsoft Corporation |
1.37%
29,084
|
$12,999,176,000 | 4.14% |
| Adobe Inc |
0.11%
22,189
|
$12,326,877,000 | 3.93% |
| Chevron Corp. |
0.09%
55,407
|
$8,666,763,000 | 2.76% |
| Fedex Corp |
0.25%
20,288
|
$6,083,154,000 | 1.94% |
| Qualcomm, Inc. |
0.37%
28,510
|
$5,678,622,000 | 1.81% |
| Ishares Gold Tr |
0.09%
126,582
|
$5,560,747,000 | 1.77% |
| Abbvie Inc |
0.61%
28,534
|
$4,894,152,000 | 1.56% |
| Norfolk Southn Corp |
No change
21,393
|
$4,592,863,000 | 1.46% |
| Home Depot, Inc. |
0.18%
12,091
|
$4,162,206,000 | 1.33% |
| Winnebago Inds Inc |
0.07%
76,120
|
$4,125,704,000 | 1.32% |
| Spdr S&p 500 Etf Tr |
0.80%
7,563
|
$4,115,936,000 | 1.31% |
| Travelers Companies Inc. |
4.79%
20,141
|
$4,095,471,000 | 1.31% |
| Walmart Inc |
No change
59,949
|
$4,059,147,000 | 1.29% |
| MetLife, Inc. |
0.54%
55,090
|
$3,866,767,000 | 1.23% |
| Oracle Corp. |
0.13%
26,718
|
$3,772,582,000 | 1.20% |
| Ishares Tr |
1.46%
122,530
|
$12,128,279,000 | 3.87% |
| Bank America Corp |
No change
94,724
|
$3,767,161,000 | 1.20% |
| Select Sector Spdr Tr |
15.26%
125,643
|
$10,736,564,000 | 3.42% |
| Novo-nordisk A S |
1.64%
24,018
|
$3,428,329,000 | 1.09% |
| Meta Platforms Inc |
1.18%
6,761
|
$3,409,031,000 | 1.09% |
| Comcast Corp New |
0.14%
85,169
|
$3,335,218,000 | 1.06% |
| DuPont de Nemours Inc |
1.64%
40,290
|
$3,242,942,000 | 1.03% |
| Invesco Exchange Traded Fd T |
6.35%
19,600
|
$3,219,888,000 | 1.03% |
| Mckesson Corporation |
0.18%
5,408
|
$3,158,488,000 | 1.01% |
| Spdr Dow Jones Indl Average |
No change
7,754
|
$3,032,899,000 | 0.97% |
| Johnson & Johnson |
3.57%
18,919
|
$2,765,201,000 | 0.88% |
| Berkshire Hathaway Inc. |
11.75%
6,421
|
$2,612,063,000 | 0.83% |
| CBRE Group Inc |
No change
28,559
|
$2,544,892,000 | 0.81% |
| BP plc |
0.65%
69,398
|
$2,505,268,000 | 0.80% |
| Healthpeak Properties Inc. |
12.61%
120,701
|
$2,365,740,000 | 0.75% |
| Molson Coors Beverage Company |
0.64%
46,337
|
$2,355,310,000 | 0.75% |
| MGM Resorts International |
2.09%
51,450
|
$2,286,438,000 | 0.73% |
| Verizon Communications Inc |
1.10%
54,709
|
$2,256,192,000 | 0.72% |
| Weyerhaeuser Co Mtn Be |
1.15%
77,958
|
$2,213,228,000 | 0.71% |
| Intel Corp. |
5.34%
71,463
|
$2,213,209,000 | 0.71% |
| AMGEN Inc. |
No change
7,067
|
$2,208,084,000 | 0.70% |
| Chubb Limited |
No change
8,603
|
$2,194,453,000 | 0.70% |
| NVIDIA Corp |
908.96%
17,455
|
$2,156,391,000 | 0.69% |
| L3Harris Technologies Inc |
No change
9,084
|
$2,040,085,000 | 0.65% |
| Spdr Index Shs Fds |
0.12%
69,439
|
$1,965,818,000 | 0.63% |
| Genuine Parts Co. |
No change
13,875
|
$1,919,190,000 | 0.61% |
| GE Aerospace |
0.58%
11,733
|
$1,865,228,000 | 0.59% |
| Vanguard World Fd |
Opened
3,183
|
$1,835,286,000 | 0.59% |
| Citigroup Inc |
No change
28,877
|
$1,832,534,000 | 0.58% |
| British Amern Tob Plc |
4.79%
59,087
|
$1,827,561,000 | 0.58% |
| Pfizer Inc. |
0.62%
64,911
|
$1,816,220,000 | 0.58% |
| Spdr S&p Midcap 400 Etf Tr |
0.85%
3,393
|
$1,815,280,000 | 0.58% |
| International Business Machs |
0.77%
10,358
|
$1,791,416,000 | 0.57% |
| Honeywell International Inc |
16.96%
8,274
|
$1,766,830,000 | 0.56% |
| Wells Fargo Co New |
No change
28,892
|
$1,715,896,000 | 0.55% |
| Palantir Technologies Inc. |
3.75%
66,820
|
$1,692,551,000 | 0.54% |
| O-I Glass Inc |
10.86%
151,783
|
$1,689,345,000 | 0.54% |
| ArcBest Corp |
No change
15,735
|
$1,684,904,000 | 0.54% |
| DocuSign Inc |
0.97%
30,650
|
$1,639,775,000 | 0.52% |
| TEGNA Inc |
5.38%
117,033
|
$1,631,440,000 | 0.52% |
| Mgic Invt Corp Wis |
No change
75,500
|
$1,627,025,000 | 0.52% |
| Gilead Sciences, Inc. |
0.80%
23,672
|
$1,624,136,000 | 0.52% |
| Alphabet Inc |
44.11%
13,330
|
$2,439,139,000 | 0.78% |
| Kinder Morgan Inc |
3.13%
80,708
|
$1,603,669,000 | 0.51% |
| Nucor Corp. |
0.18%
9,792
|
$1,547,919,000 | 0.49% |
| Keurig Dr Pepper Inc |
2.97%
44,170
|
$1,475,278,000 | 0.47% |
| Kenvue Inc |
0.31%
80,076
|
$1,455,782,000 | 0.46% |
| Vanguard Tax-managed Fds |
No change
29,360
|
$1,450,971,000 | 0.46% |
| Spdr Ser Tr |
14.47%
38,125
|
$4,198,555,000 | 1.34% |
| Exxon Mobil Corp. |
8.30%
12,209
|
$1,405,500,000 | 0.45% |
| JPMorgan Chase & Co. |
26.91%
6,805
|
$1,376,379,000 | 0.44% |
| Cisco Sys Inc |
No change
25,870
|
$1,229,084,000 | 0.39% |
| Ishares Inc |
8.84%
50,539
|
$2,476,822,000 | 0.79% |
| Freeport-McMoRan Inc |
No change
23,815
|
$1,157,409,000 | 0.37% |
| Wyndham Hotels & Resorts Inc |
No change
15,144
|
$1,120,656,000 | 0.36% |
| Midcap Financial Invstmnt Co |
No change
70,520
|
$1,067,673,000 | 0.34% |
| Ishares Tr |
Opened
11,022
|
$1,633,327,000 | 0.52% |
| NextEra Energy Inc |
No change
14,820
|
$1,049,404,000 | 0.33% |
| Franklin Templeton Etf Tr |
No change
39,800
|
$1,046,342,000 | 0.33% |
| Ally Finl Inc |
No change
25,625
|
$1,016,544,000 | 0.32% |
| Pepsico Inc |
2.56%
6,019
|
$992,714,000 | 0.32% |
| American Elec Pwr Co Inc |
98.83%
11,015
|
$966,456,000 | 0.31% |
| CVS Health Corp |
5.58%
16,081
|
$949,744,000 | 0.30% |
| AT&T Inc. |
8.00%
49,513
|
$946,190,000 | 0.30% |
| Vanguard Intl Equity Index F |
1.67%
21,313
|
$932,657,000 | 0.30% |
| Regeneron Pharmaceuticals, Inc. |
No change
854
|
$897,580,000 | 0.29% |
| Axon Enterprise Inc |
No change
3,000
|
$882,720,000 | 0.28% |
| Automatic Data Processing In |
No change
3,588
|
$856,420,000 | 0.27% |
| Procter And Gamble Co |
No change
4,900
|
$808,103,000 | 0.26% |
| Constellation Brands Inc |
1.63%
3,110
|
$800,141,000 | 0.26% |
| Kimberly-Clark Corp. |
0.94%
5,710
|
$789,122,000 | 0.25% |
| Barrick Gold Corp. |
No change
46,500
|
$775,620,000 | 0.25% |
| Salesforce Inc |
32.15%
3,013
|
$774,642,000 | 0.25% |
| Vanguard Index Fds |
15.93%
11,010
|
$2,425,309,000 | 0.77% |
| Coca-Cola Co |
12.67%
12,097
|
$769,974,000 | 0.25% |
| Lam Research Corp. |
No change
722
|
$768,822,000 | 0.25% |
| Costco Whsl Corp New |
No change
902
|
$766,691,000 | 0.24% |
| RTX Corp |
8.45%
7,530
|
$755,937,000 | 0.24% |
| Emerson Elec Co |
No change
6,840
|
$753,494,000 | 0.24% |
| Toyota Motor Corporation |
37.57%
3,625
|
$743,016,000 | 0.24% |
| Morgan Stanley |
1.05%
7,185
|
$698,310,000 | 0.22% |
| Bain Cap Specialty Fin Inc |
5.95%
41,401
|
$675,250,000 | 0.22% |
| Travel Plus Leisure Co |
No change
14,853
|
$668,088,000 | 0.21% |
| Immunitybio Inc |
No change
96,433
|
$609,457,000 | 0.19% |
| Blackrock Tax Municpal Bd Tr |
No change
37,134
|
$607,141,000 | 0.19% |
| Ares Capital Corp |
17.04%
28,850
|
$601,234,000 | 0.19% |
| Amazon.com Inc. |
1.82%
3,076
|
$594,437,000 | 0.19% |
| Merck & Co Inc |
1.06%
4,779
|
$591,640,000 | 0.19% |
| Lincoln Elec Hldgs Inc |
No change
3,050
|
$575,352,000 | 0.18% |
| Ge Vernova Inc |
Opened
3,332
|
$571,471,000 | 0.18% |
| Synchrony Financial |
No change
12,064
|
$569,300,000 | 0.18% |
| United States Stl Corp New |
No change
14,400
|
$544,320,000 | 0.17% |
| Mondelez International Inc. |
No change
8,220
|
$537,917,000 | 0.17% |
| Cohen & Steers Infrastructur |
No change
23,881
|
$536,845,000 | 0.17% |
| Dimensional Etf Trust |
No change
14,804
|
$744,464,000 | 0.24% |
| Blackrock Calif Mun Income T |
7.22%
43,400
|
$519,498,000 | 0.17% |
| Occidental Pete Corp |
25.49%
8,000
|
$504,240,000 | 0.16% |
| Coterra Energy Inc |
No change
18,568
|
$495,209,000 | 0.16% |
| Vanguard Bd Index Fds |
No change
8,963
|
$682,471,000 | 0.22% |
| Corteva Inc |
No change
8,611
|
$464,477,000 | 0.15% |
| Schlumberger Ltd. |
No change
9,722
|
$458,684,000 | 0.15% |
| Central Secs Corp |
No change
10,319
|
$454,242,000 | 0.14% |
| Newmont Corp |
No change
10,802
|
$452,280,000 | 0.14% |
| MongoDB Inc |
No change
1,742
|
$435,430,000 | 0.14% |
| Ge Healthcare Technologies I |
No change
5,582
|
$434,960,000 | 0.14% |
| HP Inc |
No change
12,351
|
$432,532,000 | 0.14% |
| Conocophillips |
No change
3,740
|
$427,781,000 | 0.14% |
| Johnson Ctls Intl Plc |
No change
6,375
|
$423,746,000 | 0.14% |
| TE Connectivity Ltd |
No change
2,799
|
$421,054,000 | 0.13% |
| Cintas Corporation |
No change
600
|
$420,156,000 | 0.13% |
| Vanguard World Fd |
3.22%
4,494
|
$818,522,000 | 0.26% |
| Cemex Sab De Cv |
0.39%
63,700
|
$407,043,000 | 0.13% |
| Eaton Corp Plc |
No change
1,250
|
$391,938,000 | 0.12% |
| Omega Healthcare Invs Inc |
52.05%
11,286
|
$386,546,000 | 0.12% |
| Starbucks Corp. |
0.14%
4,962
|
$386,256,000 | 0.12% |
| Invesco Exch Traded Fd Tr Ii |
No change
6,900
|
$381,501,000 | 0.12% |
| Duke Energy Corp. |
13.66%
3,745
|
$375,361,000 | 0.12% |
| Hewlett Packard Enterprise C |
0.90%
17,578
|
$372,126,000 | 0.12% |
| Medtronic Plc |
No change
4,689
|
$369,071,000 | 0.12% |
| Pennantpark Invt Corp |
2.04%
48,100
|
$363,155,000 | 0.12% |
| Uber Technologies Inc |
No change
4,800
|
$348,864,000 | 0.11% |
| Lincoln Natl Corp Ind |
No change
11,155
|
$346,920,000 | 0.11% |
| DraftKings Inc. |
No change
9,085
|
$346,774,000 | 0.11% |
| Carrier Global Corporation |
No change
5,417
|
$341,704,000 | 0.11% |
| Zimmer Biomet Holdings Inc |
No change
3,148
|
$341,652,000 | 0.11% |
| Warner Bros.Discovery Inc |
3.17%
45,210
|
$336,362,000 | 0.11% |
| Vodafone Group plc |
17.33%
36,793
|
$326,354,000 | 0.10% |
| Invesco Exch Traded Fd Tr Ii |
Opened
4,948
|
$321,373,000 | 0.10% |
| Union Pac Corp |
No change
1,417
|
$320,610,000 | 0.10% |
| Dow Inc |
12.15%
5,921
|
$314,109,000 | 0.10% |
| S&P Global Inc |
No change
676
|
$301,496,000 | 0.10% |
| Bank New York Mellon Corp |
No change
4,967
|
$297,474,000 | 0.09% |
| Spdr Ser Tr |
Opened
3,233
|
$296,725,000 | 0.09% |
| The Southern Co. |
No change
3,802
|
$294,921,000 | 0.09% |
| Tapestry Inc |
No change
6,806
|
$291,229,000 | 0.09% |
| Pentair plc |
No change
3,790
|
$290,579,000 | 0.09% |
| Bristol-Myers Squibb Co. |
Closed
5,332
|
$289,154,000 | |
| Invesco Sr Income Tr |
1.65%
66,839
|
$288,078,000 | 0.09% |
| Advanced Micro Devices Inc. |
20.35%
1,774
|
$287,761,000 | 0.09% |
| Boeing Co. |
No change
1,548
|
$281,751,000 | 0.09% |
| Schwab Strategic Tr |
No change
7,862
|
$515,963,000 | 0.16% |
| Genworth Finl Inc |
No change
44,000
|
$265,760,000 | 0.08% |
| Cenovus Energy Inc |
No change
13,475
|
$264,918,000 | 0.08% |
| Elevance Health Inc |
No change
480
|
$260,093,000 | 0.08% |
| Disney Walt Co |
No change
2,601
|
$258,253,000 | 0.08% |
| 3M Co. |
39.91%
2,400
|
$245,256,000 | 0.08% |
| Mastercard Incorporated |
No change
555
|
$244,844,000 | 0.08% |
| Tjx Cos Inc New |
Opened
2,199
|
$242,110,000 | 0.08% |
| American Intl Group Inc |
No change
3,159
|
$234,524,000 | 0.07% |
| Seagate Technology Hldngs Pl |
No change
2,269
|
$234,320,000 | 0.07% |
| Abbott Labs |
14.76%
2,183
|
$226,836,000 | 0.07% |
| Deutsche Bank A G |
No change
14,000
|
$223,160,000 | 0.07% |
| Enbridge Inc |
6.35%
6,261
|
$222,844,000 | 0.07% |
| Shell Plc |
Opened
2,977
|
$214,880,000 | 0.07% |
| Invesco Exch Traded Fd Tr Ii |
Closed
1,882
|
$205,213,000 | |
| VanEck ETF Trust |
Opened
6,000
|
$203,580,000 | 0.06% |
| Cohen & Steers Total Return |
No change
13,894
|
$160,615,000 | 0.05% |
| Walgreens Boots Alliance Inc |
43.43%
12,260
|
$148,285,000 | 0.05% |
| Nuveen Pfd & Income Opportun |
9.15%
19,850
|
$148,280,000 | 0.05% |
| New Germany Fd Inc |
0.28%
17,429
|
$141,781,000 | 0.05% |
| Ellsworth Growth & Income Fd |
No change
11,100
|
$91,464,000 | 0.03% |
| Transocean Ltd |
11.76%
15,000
|
$80,250,000 | 0.03% |
| Cbre Gbl Real Estate Inc Fd |
20.46%
11,666
|
$58,797,000 | 0.02% |
| Mizuho Financial Group, Inc. |
No change
10,000
|
$42,300,000 | 0.01% |
| Abrdn Asia Pacific Income Fu |
No change
11,500
|
$30,820,000 | 0.01% |
| Vertex Energy Inc |
Closed
17,500
|
$24,500,000 | |
| No transactions found | |||
| Showing first 500 out of 183 holdings | |||
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