13F HOLDINGS REPORT
MERIDIAN INVESTMENT COUNSEL INC.
Quarter ended Q2 2025 · Filed July 16, 2025 · Accession 0001427351-25-000008
Total Value
$367.5M
Positions
224
Other Managers
0
Confidential Omitted
No
Holdings (224)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | TAIWAN SEMICONDUCTOR MFG LTD | 874039100 | 94,031 | $21.3M | 5.80% |
| 2 | APPLE INC | AAPL | 76,083 | $15.6M | 4.25% |
| 3 | MICROSOFT CORP | MSFT | 27,953 | $13.9M | 3.78% |
| 4 | CHEVRON CORP NEW | CVX | 55,754 | $8.0M | 2.17% |
| 5 | ISHARES GOLD TR | IAU | 125,985 | $7.9M | 2.14% |
| 6 | PALANTIR TECHNOLOGIES INC | PLTR | 49,632 | $6.8M | 1.84% |
| 7 | ADOBE INC | ADBE | 17,307 | $6.7M | 1.82% |
| 8 | SELECT SECTOR SPDR TR | 81369Y886 | 77,347 | $6.3M | 1.72% |
| 9 | ORACLE CORP | ORCL-PD | 25,818 | $5.6M | 1.54% |
| 10 | NORFOLK SOUTHN CORP | 655844108 | 21,043 | $5.4M | 1.47% |
| 11 | WALMART INC | WMT | 53,798 | $5.3M | 1.43% |
| 12 | INVESCO EXCHANGE TRADED FD T | IVZ | 27,550 | $5.0M | 1.36% |
| 13 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 10,284 | $5.0M | 1.36% |
| 14 | ABBVIE INC | ABBV | 26,851 | $5.0M | 1.36% |
| 15 | SPDR S&P MIDCAP 400 ETF TR | MDY | 8,750 | $5.0M | 1.35% |
| 16 | TRAVELERS COMPANIES INC | TRV | 17,978 | $4.8M | 1.31% |
| 17 | META PLATFORMS INC | META | 6,192 | $4.6M | 1.24% |
| 18 | HOME DEPOT INC | HD | 12,181 | $4.5M | 1.22% |
| 19 | QUALCOMM INC | QCOM | 27,226 | $4.3M | 1.18% |
| 20 | ISHARES TR | 464287549 | 36,795 | $4.1M | 1.12% |
| 21 | METLIFE INC | MET-PF | 51,110 | $4.1M | 1.12% |
| 22 | BANK AMERICA CORP | 060505104 | 82,129 | $3.9M | 1.06% |
| 23 | ISHARES TR | 464287655 | 17,947 | $3.9M | 1.05% |
| 24 | CBRE GROUP INC | CBRE | 26,934 | $3.8M | 1.03% |
| 25 | SELECT SECTOR SPDR TR | 81369Y704 | 25,101 | $3.7M | 1.01% |
| 26 | JOHNSON & JOHNSON | JNJ | 24,149 | $3.7M | 1.00% |
| 27 | CAPITAL GROUP INTL FOCUS EQT | 14019W109 | 133,290 | $3.6M | 0.98% |
| 28 | NOVO-NORDISK A S | NONOF | 52,387 | $3.6M | 0.98% |
| 29 | FEDEX CORP | FDX | 15,783 | $3.6M | 0.98% |
| 30 | SPDR DOW JONES INDL AVERAGE | 78467X109 | 7,771 | $3.4M | 0.93% |
| 31 | SPDR S&P 500 ETF TR | SPY | 5,297 | $3.3M | 0.89% |
| 32 | COMCAST CORP NEW | CCZ | 83,883 | $3.0M | 0.81% |
| 33 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 4 | $2.9M | 0.79% |
| 34 | KINDER MORGAN INC DEL | EP-PC | 98,174 | $2.9M | 0.79% |
| 35 | MCKESSON CORP | MCK | 3,898 | $2.9M | 0.78% |
| 36 | DUPONT DE NEMOURS INC | DD | 41,542 | $2.8M | 0.78% |
| 37 | BRITISH AMERN TOB PLC | 110448107 | 59,537 | $2.8M | 0.77% |
| 38 | NVIDIA CORPORATION | NVDA | 16,983 | $2.7M | 0.73% |
| 39 | GE AEROSPACE | 369604301 | 10,234 | $2.6M | 0.72% |
| 40 | INTERNATIONAL BUSINESS MACHS | INTR | 8,858 | $2.6M | 0.71% |
| 41 | JPMORGAN CHASE & CO. | VYLD | 8,787 | $2.5M | 0.69% |
| 42 | SELECT SECTOR SPDR TR | 81369Y209 | 18,505 | $2.5M | 0.68% |
| 43 | MEDTRONIC PLC | MDT | 28,158 | $2.5M | 0.67% |
| 44 | INVESCO QQQ TR | IVZ | 4,323 | $2.4M | 0.65% |
| 45 | SELECT SECTOR SPDR TR | 81369Y100 | 26,985 | $2.4M | 0.64% |
| 46 | L3HARRIS TECHNOLOGIES INC | LHX | 9,400 | $2.4M | 0.64% |
| 47 | SPDR INDEX SHS FDS | 78463X848 | 72,039 | $2.4M | 0.64% |
| 48 | GILEAD SCIENCES INC | GILD | 21,167 | $2.3M | 0.64% |
| 49 | AXON ENTERPRISE INC | AXON | 2,779 | $2.3M | 0.63% |
| 50 | SCHWAB STRATEGIC TR | 808524805 | 102,735 | $2.3M | 0.62% |
| 51 | CITIGROUP INC | C-PR | 26,552 | $2.3M | 0.62% |
| 52 | DOCUSIGN INC | DOCU | 28,474 | $2.2M | 0.60% |
| 53 | HEALTHPEAK PROPERTIES INC | DOC | 122,407 | $2.1M | 0.58% |
| 54 | HONEYWELL INTL INC | 438516106 | 9,125 | $2.1M | 0.58% |
| 55 | WINNEBAGO INDS INC | 974637100 | 71,640 | $2.1M | 0.57% |
| 56 | CHUBB LIMITED | CB | 7,034 | $2.0M | 0.55% |
| 57 | FRANKLIN TEMPLETON ETF TR | FGDL | 66,325 | $2.0M | 0.55% |
| 58 | AMGEN INC | AMGN | 7,040 | $2.0M | 0.53% |
| 59 | WEYERHAEUSER CO MTN BE | WY | 76,091 | $2.0M | 0.53% |
| 60 | WELLS FARGO CO NEW | 949746101 | 24,295 | $1.9M | 0.53% |
| 61 | VANGUARD WORLD FD | 92204A702 | 2,933 | $1.9M | 0.53% |
| 62 | VANGUARD INDEX FDS | 922908363 | 3,345 | $1.9M | 0.52% |
| 63 | AMERICAN ELEC PWR CO INC | 025537101 | 17,715 | $1.8M | 0.50% |
| 64 | MOLSON COORS BEVERAGE CO | TAP-A | 37,804 | $1.8M | 0.49% |
| 65 | CISCO SYS INC | CSCO | 26,045 | $1.8M | 0.49% |
| 66 | VERIZON COMMUNICATIONS INC | VZ | 40,903 | $1.8M | 0.48% |
| 67 | GENUINE PARTS CO | GPC | 14,416 | $1.7M | 0.48% |
| 68 | JANUS DETROIT STR TR | 47103U845 | 33,700 | $1.7M | 0.47% |
| 69 | GE VERNOVA INC | GEV | 3,189 | $1.7M | 0.46% |
| 70 | PFIZER INC | PFE | 69,425 | $1.7M | 0.46% |
| 71 | SPDR SERIES TRUST | 78464A706 | 10,718 | $1.6M | 0.44% |
| 72 | UBER TECHNOLOGIES INC | UBER | 17,175 | $1.6M | 0.44% |
| 73 | BP PLC | BPPFF | 53,322 | $1.6M | 0.43% |
| 74 | TEGNA INC | 87901J105 | 90,243 | $1.5M | 0.41% |
| 75 | MGM RESORTS INTERNATIONAL | MGM | 42,900 | $1.5M | 0.40% |
| 76 | MGIC INVT CORP WIS | 552848103 | 52,900 | $1.5M | 0.40% |
| 77 | KEURIG DR PEPPER INC | KDP | 43,424 | $1.4M | 0.39% |
| 78 | BARRICK MNG CORP | 06849F108 | 68,866 | $1.4M | 0.39% |
| 79 | VANGUARD TAX-MANAGED FDS | 921943858 | 24,197 | $1.4M | 0.38% |
| 80 | ALPHABET INC | GOOG | 7,765 | $1.4M | 0.37% |
| 81 | ISHARES TR | 464287804 | 12,268 | $1.3M | 0.36% |
| 82 | ISHARES TR | 464288810 | 20,663 | $1.3M | 0.35% |
| 83 | NUCOR CORP | NUE | 9,792 | $1.3M | 0.35% |
| 84 | SELECT SECTOR SPDR TR | 81369Y506 | 14,910 | $1.3M | 0.34% |
| 85 | VANGUARD STAR FDS | 921909768 | 18,195 | $1.3M | 0.34% |
| 86 | KENVUE INC | KVUE | 59,659 | $1.2M | 0.34% |
| 87 | EXXON MOBIL CORP | XOM | 11,388 | $1.2M | 0.33% |
| 88 | AT&T INC | T-PC | 41,991 | $1.2M | 0.33% |
| 89 | ARCBEST CORP | ARCB | 15,235 | $1.2M | 0.32% |
| 90 | WYNDHAM HOTELS & RESORTS INC | WH | 14,169 | $1.2M | 0.31% |
| 91 | ISHARES TR | 46432F339 | 6,234 | $1.1M | 0.31% |
| 92 | SPDR SERIES TRUST | 78468R549 | 17,920 | $1.1M | 0.31% |
| 93 | AUTOMATIC DATA PROCESSING IN | ADP | 3,588 | $1.1M | 0.30% |
| 94 | SPDR SERIES TRUST | 78464A870 | 13,206 | $1.1M | 0.30% |
| 95 | VANGUARD INDEX FDS | 922908751 | 4,569 | $1.1M | 0.29% |
| 96 | COSTCO WHSL CORP NEW | 22160K105 | 1,066 | $1.1M | 0.29% |
| 97 | VANGUARD INTL EQUITY INDEX F | 922042858 | 21,313 | $1.1M | 0.29% |
| 98 | FREEPORT-MCMORAN INC | FCX | 24,115 | $1.0M | 0.28% |
| 99 | NEXTERA ENERGY INC | NEE-PW | 15,010 | $1.0M | 0.28% |
| 100 | ALPHABET INC | GOOG | 5,837 | $1.0M | 0.28% |
| 101 | TOYOTA MOTOR CORP | TOYOF | 5,888 | $1.0M | 0.28% |
| 102 | ISHARES TR | 464287325 | 11,703 | $1.0M | 0.27% |
| 103 | AMAZON COM INC | AMZN | 4,506 | $988,571 | 0.27% |
| 104 | INTEL CORP | INTC | 43,675 | $978,320 | 0.27% |
| 105 | ISHARES TR | 464287606 | 10,644 | $968,391 | 0.26% |
| 106 | VANGUARD WORLD FD | 92204A207 | 4,414 | $966,666 | 0.26% |
| 107 | MORGAN STANLEY | MS-PQ | 6,735 | $948,692 | 0.26% |
| 108 | RTX CORPORATION | RTX | 6,425 | $938,179 | 0.26% |
| 109 | COCA COLA CO | KO | 13,089 | $926,047 | 0.25% |
| 110 | SALESFORCE INC | CRM | 3,230 | $880,789 | 0.24% |
| 111 | SELECT SECTOR SPDR TR | 81369Y852 | 7,735 | $839,480 | 0.23% |
| 112 | ISHARES TR | 464287705 | 6,648 | $821,560 | 0.22% |
| 113 | CVS HEALTH CORP | CVS | 11,384 | $785,268 | 0.21% |
| 114 | O-I GLASS INC | OI | 52,875 | $779,378 | 0.21% |
| 115 | EMERSON ELEC CO | EMR | 5,744 | $765,848 | 0.21% |
| 116 | ISHARES TR | 464287275 | 6,700 | $752,544 | 0.20% |
| 117 | SPDR SERIES TRUST | 78468R556 | 5,855 | $736,559 | 0.20% |
| 118 | KIMBERLY-CLARK CORP | KMB | 5,710 | $736,133 | 0.20% |
| 119 | PROCTER AND GAMBLE CO | 742718109 | 4,501 | $717,095 | 0.20% |
| 120 | VANGUARD INDEX FDS | 922908769 | 2,337 | $710,284 | 0.19% |
| 121 | SYNCHRONY FINANCIAL | SYF-PB | 10,218 | $681,949 | 0.19% |
| 122 | VANECK ETF TRUST | 92189F106 | 13,090 | $681,465 | 0.19% |
| 123 | OCCIDENTAL PETE CORP | 674599105 | 15,695 | $659,347 | 0.18% |
| 124 | ISHARES INC | 46434G772 | 11,474 | $658,608 | 0.18% |
| 125 | BLACKROCK INC | BLK | 619 | $649,486 | 0.18% |
| 126 | NEWMONT CORP | NEMCL | 10,802 | $629,325 | 0.17% |
| 127 | COHEN & STEERS INFRASTRUCTUR | 19248A109 | 23,181 | $624,728 | 0.17% |
| 128 | JOHNSON CTLS INTL PLC | G51502105 | 5,845 | $617,349 | 0.17% |
| 129 | PACER FDS TR | 69374H105 | 12,000 | $609,120 | 0.17% |
| 130 | PEPSICO INC | PEP | 4,560 | $602,102 | 0.16% |
| 131 | TAPESTRY INC | TPR | 6,806 | $597,635 | 0.16% |
| 132 | LINCOLN ELEC HLDGS INC | 533900106 | 2,871 | $595,216 | 0.16% |
| 133 | ISHARES TR | 464287507 | 9,315 | $577,716 | 0.16% |
| 134 | LAM RESEARCH CORP | LRCX | 5,850 | $569,439 | 0.15% |
| 135 | VANGUARD WORLD FD | 92204A504 | 2,260 | $561,248 | 0.15% |
| 136 | DIMENSIONAL ETF TRUST | 25434V500 | 8,799 | $560,584 | 0.15% |
| 137 | LINDE PLC | LIN | 1,183 | $555,040 | 0.15% |
| 138 | CINTAS CORP | CTAS | 2,400 | $534,888 | 0.15% |
| 139 | MIDCAP FINANCIAL INVSTMNT CO | 03761U502 | 42,045 | $530,608 | 0.14% |
| 140 | TRAVEL PLUS LEISURE CO | 894164102 | 10,100 | $521,261 | 0.14% |
| 141 | CORTEVA INC | CTVA | 6,878 | $512,617 | 0.14% |
| 142 | MONDELEZ INTL INC | 609207105 | 7,570 | $510,521 | 0.14% |
| 143 | ALLY FINL INC | 02005N100 | 12,950 | $504,403 | 0.14% |
| 144 | ISHARES TR | 464287200 | 810 | $502,929 | 0.14% |
| 145 | DUKE ENERGY CORP NEW | DUKB | 4,190 | $494,420 | 0.13% |
| 146 | CENTRAL SECS CORP | 155123102 | 10,085 | $482,668 | 0.13% |
| 147 | VANGUARD WORLD FD | 92204A884 | 2,813 | $481,107 | 0.13% |
| 148 | GE HEALTHCARE TECHNOLOGIES I | GEHC | 6,367 | $471,622 | 0.13% |
| 149 | EATON CORP PLC | ETN | 1,300 | $464,087 | 0.13% |
| 150 | REGENERON PHARMACEUTICALS | REGN | 854 | $448,350 | 0.12% |
| 151 | ABBOTT LABS | ABLZF | 3,267 | $444,345 | 0.12% |
| 152 | TE CONNECTIVITY PLC | TEL | 2,624 | $442,590 | 0.12% |
| 153 | SCHLUMBERGER LTD | SLB | 13,050 | $441,090 | 0.12% |
| 154 | ARCHER AVIATION INC | ACHR-WT | 40,185 | $436,007 | 0.12% |
| 155 | CONSTELLATION BRANDS INC | STZ | 2,640 | $429,475 | 0.12% |
| 156 | ARES CAPITAL CORP | ARCC | 19,500 | $428,220 | 0.12% |
| 157 | COTERRA ENERGY INC | CTRA | 16,865 | $428,034 | 0.12% |
| 158 | MCDONALDS CORP | MCD | 1,442 | $421,309 | 0.11% |
| 159 | ISHARES TR | 464287465 | 4,323 | $386,433 | 0.11% |
| 160 | MERCK & CO INC | MRK | 4,777 | $378,147 | 0.10% |
| 161 | WARNER BROS DISCOVERY INC | WBD | 32,625 | $373,882 | 0.10% |
| 162 | INVESCO EXCH TRADED FD TR II | IVZ | 5,900 | $368,750 | 0.10% |
| 163 | MONGODB INC | MDB | 1,742 | $365,803 | 0.10% |
| 164 | INVESCO EXCH TRADED FD TR II | IVZ | 4,948 | $360,313 | 0.10% |
| 165 | STARBUCKS CORP | SBUX | 3,921 | $359,281 | 0.10% |
| 166 | DISNEY WALT CO | 254687106 | 2,837 | $351,816 | 0.10% |
| 167 | DEUTSCHE BANK A G | D18190898 | 12,000 | $351,360 | 0.10% |
| 168 | SOUTHERN CO | SOMN | 3,802 | $349,138 | 0.10% |
| 169 | HERSHEY CO | HSY | 2,100 | $348,495 | 0.09% |
| 170 | PENTAIR PLC | PNR | 3,349 | $343,808 | 0.09% |
| 171 | CEMEX SAB DE CV | CXMSF | 48,850 | $338,531 | 0.09% |
| 172 | ASML HOLDING N V | ASMLF | 416 | $333,378 | 0.09% |
| 173 | LINCOLN NATL CORP IND | 534187109 | 9,547 | $330,326 | 0.09% |
| 174 | VANGUARD INDEX FDS | 922908553 | 3,698 | $329,344 | 0.09% |
| 175 | SEAGATE TECHNOLOGY HLDNGS PL | SE | 2,269 | $327,485 | 0.09% |
| 176 | ISHARES INC | 464286806 | 7,728 | $326,972 | 0.09% |
| 177 | DRAFTKINGS INC NEW | DKNG | 7,485 | $321,032 | 0.09% |
| 178 | CENOVUS ENERGY INC | CVE | 23,275 | $316,540 | 0.09% |
| 179 | BLACKROCK CALIF MUN INCOME T | BLK | 29,200 | $315,652 | 0.09% |
| 180 | BANK NEW YORK MELLON CORP | 064058100 | 3,400 | $309,774 | 0.08% |
| 181 | PENNANTPARK INVT CORP | 708062104 | 45,200 | $309,168 | 0.08% |
| 182 | ISHARES TR | 46429B697 | 3,284 | $308,269 | 0.08% |
| 183 | BLACKROCK TAX MUNICPAL BD TR | BLK | 19,000 | $306,090 | 0.08% |
| 184 | HEWLETT PACKARD ENTERPRISE C | HPE-PC | 14,893 | $304,562 | 0.08% |
| 185 | UNION PAC CORP | UNP | 1,317 | $303,015 | 0.08% |
| 186 | ISHARES TR | 464287499 | 3,275 | $301,202 | 0.08% |
| 187 | ENTERGY CORP NEW | ENO | 3,600 | $299,232 | 0.08% |
| 188 | VANGUARD BD INDEX FDS | 921937827 | 3,689 | $290,324 | 0.08% |
| 189 | AMERICAN EXPRESS CO | AXP | 903 | $288,039 | 0.08% |
| 190 | MASTERCARD INCORPORATED | MA | 512 | $287,713 | 0.08% |
| 191 | CONOCOPHILLIPS | COP | 3,190 | $286,271 | 0.08% |
| 192 | SCHWAB STRATEGIC TR | 808524771 | 11,592 | $284,468 | 0.08% |
| 193 | HP INC | HPQ | 11,168 | $273,169 | 0.07% |
| 194 | BAIN CAP SPECIALTY FIN INC | 05684B107 | 18,101 | $272,239 | 0.07% |
| 195 | AMERICAN INTL GROUP INC | 026874784 | 3,159 | $270,379 | 0.07% |
| 196 | ADVANCED MICRO DEVICES INC | AMD | 1,900 | $269,610 | 0.07% |
| 197 | ENBRIDGE INC | ENNPF | 5,929 | $268,721 | 0.07% |
| 198 | ISHARES TR | 464287614 | 630 | $267,485 | 0.07% |
| 199 | ZIMMER BIOMET HOLDINGS INC | ZBH | 2,925 | $266,789 | 0.07% |
| 200 | CARRIER GLOBAL CORPORATION | CARR | 3,634 | $265,972 | 0.07% |
| 201 | EQT CORP | EQT | 4,514 | $263,256 | 0.07% |
| 202 | GENWORTH FINL INC | 37247D106 | 33,500 | $260,630 | 0.07% |
| 203 | SCHWAB STRATEGIC TR | 808524201 | 10,660 | $260,528 | 0.07% |
| 204 | DIMENSIONAL ETF TRUST | 25434V807 | 6,005 | $257,194 | 0.07% |
| 205 | IMMUNITYBIO INC | IBRX | 96,433 | $254,583 | 0.07% |
| 206 | 3M CO | MMM | 1,645 | $250,435 | 0.07% |
| 207 | ISHARES TR | 46432F396 | 1,041 | $250,173 | 0.07% |
| 208 | POPULAR INC | BPOPM | 2,250 | $247,973 | 0.07% |
| 209 | TESLA INC | TSLA | 769 | $244,281 | 0.07% |
| 210 | VISA INC | V | 668 | $237,173 | 0.06% |
| 211 | NETFLIX INC | NFLX | 176 | $235,687 | 0.06% |
| 212 | BOEING CO | BA-PA | 1,121 | $234,883 | 0.06% |
| 213 | WISDOMTREE TR | WT | 7,000 | $222,320 | 0.06% |
| 214 | INVESCO EXCHANGE TRADED FD T | IVZ | 4,165 | $217,455 | 0.06% |
| 215 | FIRST TR EXCHANGE TRADED FD | 33738R118 | 2,400 | $216,408 | 0.06% |
| 216 | PARKER-HANNIFIN CORP | PH | 300 | $209,541 | 0.06% |
| 217 | BLOCK INC | BSQKZ | 3,065 | $208,205 | 0.06% |
| 218 | AVIS BUDGET GROUP | CAR | 1,210 | $204,551 | 0.06% |
| 219 | INTUITIVE SURGICAL INC | ISRG | 375 | $203,779 | 0.06% |
| 220 | STRYKER CORPORATION | SYK | 508 | $200,980 | 0.05% |
| 221 | VANGUARD BD INDEX FDS | 921937819 | 2,593 | $200,543 | 0.05% |
| 222 | ELLSWORTH GROWTH & INCOME FD | 289074106 | 11,100 | $113,775 | 0.03% |
| 223 | INVESCO SR INCOME TR | IVZ | 11,146 | $42,355 | 0.01% |
| 224 | TRANSOCEAN LTD | RIG | 15,000 | $38,850 | 0.01% |