Institutional Manager · CIK 0001427351
MERIDIAN INVESTMENT COUNSEL INC.
LAFAYETTE, CA · File #028-12994
Latest AUM
$415.0M
Positions
239
Top-10 Concentration
41.9%
Filings
9
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| ADD | SELECT SECTOR SPDR TR | 81369Y886 | +78,258 | +$3.3M | -$3.5M |
| REDUCE | TAIWAN SEMICONDUCTOR MFG LTD | 874039100 | -6,553 | -$2.0M | +$2.3M |
| REDUCE | CHEVRON CORP NEW | CVX | -11,856 | -$1.8M | -$160,249 |
| NEW | QNITY ELECTRONICS INC | Q | +21,117 | +$1.7M | $0 |
| ADD | SELECT SECTOR SPDR TR | 81369Y100 | +30,250 | +$1.4M | -$1.3M |
| ADD | GILEAD SCIENCES INC | GILD | +10,953 | +$1.3M | +$248,501 |
| ADD | UBER TECHNOLOGIES INC | UBER | +13,090 | +$1.1M | -$334,354 |
| ADD | LINDE PLC | LIN | +2,411 | +$1.0M | -$70,922 |
| REDUCE | APPLE INC | AAPL | -2,834 | -$770,446 | +$1.3M |
| ADD | GOLUB CAP BDC INC | 38173M102 | +53,960 | +$732,237 | -$1,221 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 2025239 pos · $415.0M
- 13F HOLDINGS REPORTQ/E Sep 2025233 pos · $404.9M
- 13F HOLDINGS REPORTQ/E Jun 2025224 pos · $367.5M
- 13F HOLDINGS REPORTQ/E Mar 2025211 pos · $339.7M
- 13F HOLDINGS REPORTQ/E Dec 2024213 pos · $335.0M
- 13F HOLDINGS REPORTQ/E Sep 2024212 pos · $330.9M
- 13F HOLDINGS REPORTQ/E Jun 2024213 pos · $316.2M
- 13F HOLDINGS REPORTQ/E Mar 2024206 pos · $300.7M
- 13F HOLDINGS REPORTQ/E Dec 2023204 pos · $266.9M
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | TAIWAN SEMICONDUCTOR MFG LTD | 874039100 | 85,775 | $26.1M | 10.09% |
| 2 | APPLE INC | AAPL | 70,772 | $19.2M | 7.45% |
| 3 | MICROSOFT CORP | MSFT | 27,828 | $13.5M | 5.21% |
| 4 | ISHARES GOLD TR | IAU | 123,047 | $10.0M | 3.87% |
| 5 | PALANTIR TECHNOLOGIES INC | PLTR | 45,515 | $8.1M | 3.13% |
| 6 | SELECT SECTOR SPDR TR | 81369Y886 | 157,183 | $6.7M | 2.60% |
| 7 | CHEVRON CORP NEW | CVX | 43,786 | $6.7M | 2.58% |
| 8 | ABBVIE INC | ABBV | 26,551 | $6.1M | 2.35% |
| 9 | WALMART INC | WMT | 53,698 | $6.0M | 2.32% |
| 10 | NORFOLK SOUTHN CORP | 655844108 | 20,593 | $5.9M | 2.30% |
| 11 | ADOBE INC | ADBE | 16,890 | $5.9M | 2.29% |
| 12 | ISHARES TR | 464287655 | 21,813 | $5.4M | 2.08% |
| 13 | TRAVELERS COMPANIES INC | TRV | 18,363 | $5.3M | 2.06% |
| 14 | SPDR S&P MIDCAP 400 ETF TR | MDY | 8,565 | $5.2M | 2.00% |
| 15 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 10,203 | $5.1M | 1.99% |
| 16 | INVESCO EXCHANGE TRADED FD T | IVZ | 26,535 | $5.1M | 1.97% |
| 17 | JOHNSON & JOHNSON | JNJ | 23,720 | $4.9M | 1.90% |
| 18 | ORACLE CORP | ORCL-PD | 25,048 | $4.9M | 1.89% |
| 19 | QUALCOMM INC | QCOM | 27,044 | $4.6M | 1.79% |
| 20 | ISHARES TR | 464287549 | 35,557 | $4.6M | 1.78% |