Meridian Investment Counsel
LAFAYETTE, CAfiles as MERIDIAN INVESTMENT COUNSEL INC.
$466m in 250 US stocks at the end of 30 June 2026. The top 10 are 26.2% of the money. It changed about 9.9% of the portfolio this quarter.
Value
$466m
Stocks
250
Top 10 share
26.2%
Turnover
9.9%
What changed this quarter
New
Bought for the first time this quarter.
- Astera LabsALAB0.5% of the fund
- Honeywell AerospaceHONA0.2% of the fund
- Keurig Dr PepperKDP0.2% of the fund
- Honeywell InternationalHON0.2% of the fund
- FedEx Freight Holding CompanyFDXF0.2% of the fund
- Devon EnergyDVN0.1% of the fund
- DuPont de NemoursDD<0.1% of the fund
- Ishares TRMTUM<0.1% of the fund
- TeslaTSLA<0.1% of the fund
- Porch GroupPRCH<0.1% of the fund
- Schwab Strategic TRSCHA<0.1% of the fund
- Palo Alto NetworksPANW<0.1% of the fund
- Schwab Strategic TRSCHX<0.1% of the fund
- Analog DevicesADI<0.1% of the fund
- KLAKLAC<0.1% of the fund
- CumminsCMI<0.1% of the fund
- Invesco Exch Traded FD TR IIPSCH<0.1% of the fund
- Schwab Strategic TRSCHB<0.1% of the fund
- Solstice Advanced MaterialsSOLS<0.1% of the fund
Added
Bought more of a stock they already held.
- ChevronCVX1.7% of the fund+10%
- Bank of AmericaBAC1.4% of the fund+38%
- Capital One FinancialCOF1.2% of the fund+8%
- Qnity ElectronicsQ1.2% of the fund+9%
- Meta PlatformsMETA1.0% of the fund+16%
- MckessonMCK0.7% of the fund+13%
- Spdr Series TrustXBI0.7% of the fund+2%
- ChubbCB0.6% of the fund+11%
- ServiceNowNOW0.5% of the fund+32%
- Verizon CommunicationsVZ0.5% of the fund+38%
- Select Sector Spdr TRXLE0.4% of the fund+19%
- Ishares TRQUAL0.3% of the fund+5%
- AllstateALL0.3% of the fund+111%
- Vaneck ETF TrustGDX0.3% of the fund+15%
- Golub Capital BDCGBDC0.2% of the fund+5%
- SLR InvestmentSLRC0.2% of the fund+10%
- MSC Income FundMSIF0.1% of the fund+18%
- MerckMRK0.1% of the fund+3%
- Bank of New York MellonBNY0.1% of the fund+5%
- Vanguard Index FDSVNQ<0.1% of the fund+10%
- Ishares TRIEFA<0.1% of the fund+22%
- Walt DisneyDIS<0.1% of the fund+6%
- Union PacificUNP<0.1% of the fund+15%
- 3MMMM<0.1% of the fund+4%
- Vanguard BD Index FDSBIV<0.1% of the fund+11%
Cut
Sold some of their stake.
- Taiwan Semiconductor ManufacturingTSM8.2% of the fund-5%
- Micron TechnologyMU2.0% of the fund-7%
- Ishares Gold TRIAU1.9% of the fund-3%
- AbbVieABBV1.4% of the fund-3%
- Johnson & JohnsonJNJ1.2% of the fund-3%
- State STR Spdr S&P Midcap 40MDY1.2% of the fund-4%
- Palantir TechnologiesPLTR1.1% of the fund-4%
- Select Sector Spdr TRXLI1.0% of the fund-3%
- IntelINTC0.9% of the fund-4%
- QualcommQCOM0.9% of the fund-6%
- Gilead SciencesGILD0.9% of the fund-2%
- Cisco SystemsCSCO0.8% of the fund-3%
- MetLifeMET0.8% of the fund-6%
- Berkshire HathawayBRK-B0.8% of the fund-23%
- British American Tobacco p.l.c.BTI0.8% of the fund-2%
- State STR Spdr S&P 500 ETF TSPY0.7% of the fund-13%
- Canadian Pacific Kansas CityCP0.7% of the fund-5%
- Kinder MorganKMI0.6% of the fund-4%
- Select Sector Spdr TRXLB0.6% of the fund-5%
- L3harris TechnologiesLHX0.6% of the fund-3%
- Invesco QQQ TRQQQ0.5% of the fund-3%
- American Electric PowerAEP0.5% of the fund-3%
- Vanguard Index FDSVOO0.5% of the fund-4%
- MedtronicMDT0.4% of the fund-5%
- Seagate Technology HoldingsSTX0.4% of the fund-9%
Sold out
Sold their entire stake.
- Honeywell InternationalHON-100%
- DuPont de NemoursDD-100%
- Molson Coors BeverageTAP-100%
- Coterra EnergyCTRA-100%
- Vanguard BD Index FDSBSV-100%
- Adams Natural Resources FundPEO-100%
Holdings
- Ishares Gold TRIAU
- Share
- 1.9%
- Value
- $9m
- Shares
- 117,933
-3%
- Select Sector Spdr TRXLU
- Share
- 1.5%
- Value
- $7m
- Shares
- 158,645
Held
- Ishares TRIWM
- Share
- 1.4%
- Value
- $7m
- Shares
- 22,352
Held
- Ishares TRIGM
- Share
- 1.2%
- Value
- $6m
- Shares
- 35,257
Held
- State STR Spdr S&P Midcap 40MDY
- Share
- 1.2%
- Value
- $6m
- Shares
- 8,192
-4%
- Invesco Exchange Traded FD TRSP
- Share
- 1.2%
- Value
- $6m
- Shares
- 26,636
Held
- Capital Group Intl Focus EQTCGXU
- Share
- 1.1%
- Value
- $5m
- Shares
- 143,090
Held
- Select Sector Spdr TRXLI
- Share
- 1.0%
- Value
- $5m
- Shares
- 26,122
-3%
- State STR Spdr DOW Jones INDDIA
- Share
- 0.8%
- Value
- $4m
- Shares
- 7,568
Held
- Spdr Series TrustXBI
- Share
- 0.7%
- Value
- $3m
- Shares
- 20,053
+2%
- State STR Spdr S&P 500 ETF TSPY
- Share
- 0.7%
- Value
- $3m
- Shares
- 4,137
-13%
- Schwab Strategic TRSCHF
- Share
- 0.7%
- Value
- $3m
- Shares
- 111,277
Held
- Select Sector Spdr TRXLV
- Share
- 0.6%
- Value
- $3m
- Shares
- 18,205
Held
- Spdr Index SHS FDSCWI
- Share
- 0.6%
- Value
- $3m
- Shares
- 70,239
Held
- Select Sector Spdr TRXLB
- Share
- 0.6%
- Value
- $3m
- Shares
- 55,500
-5%
- Vanguard World FDVGT
- Share
- 0.6%
- Value
- $3m
- Shares
- 23,368
Held
- Barrick MiningB
- Share
- 0.6%
- Value
- $3m
- Shares
- 72,184
Held
- Schwab Strategic TRFNDA
- Share
- 0.6%
- Value
- $3m
- Shares
- 69,487
Held
- Invesco QQQ TRQQQ
- Share
- 0.5%
- Value
- $2m
- Shares
- 3,346
-3%
- Franklin Templeton ETF TRFLGB
- Share
- 0.5%
- Value
- $2m
- Shares
- 68,575
Held
- Vanguard Index FDSVOO
- Share
- 0.5%
- Value
- $2m
- Shares
- 3,097
-4%
- Vanguard Star FDSVXUS
- Share
- 0.4%
- Value
- $2m
- Shares
- 22,334
-20%
- Ishares TRIJR
- Share
- 0.4%
- Value
- $2m
- Shares
- 12,568
Held
- Spdr Series TrustDGT
- Share
- 0.4%
- Value
- $2m
- Shares
- 9,971
-2%
- Select Sector Spdr TRXLE
- Share
- 0.4%
- Value
- $2m
- Shares
- 34,348
+19%
- Vanguard Tax-Managed FDSVEA
- Share
- 0.4%
- Value
- $2m
- Shares
- 24,893
Held
- Schwab Strategic TRFNDF
- Share
- 0.4%
- Value
- $2m
- Shares
- 33,587
Held
- Spdr Series TrustXES
- Share
- 0.4%
- Value
- $2m
- Shares
- 15,295
-23%
- Vanguard Index FDSVB
- Share
- 0.4%
- Value
- $2m
- Shares
- 5,444
-18%
- Berkshire Hathaway INC DELBRK-A
- Share
- 0.3%
- Value
- $1m
- Shares
- 2
-50%
- Ishares TRQUAL
- Share
- 0.3%
- Value
- $1m
- Shares
- 6,522
+5%
- Vanguard Intl Equity Index FVWO
- Share
- 0.3%
- Value
- $1m
- Shares
- 21,766
Held
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Taiwan Semiconductor ManufacturingTSM | 8.2% | $38m | 80,217 | -5% |
| AppleAAPL | 4.3% | $20m | 69,901 | Held |
| MicrosoftMSFT | 2.2% | $10m | 27,458 | Held |
| Micron TechnologyMU | 2.0% | $9m | 8,225 | -7% |
| Ishares Gold TRIAU | 1.9% | $9m | 117,933 | -3% |
| ChevronCVX | 1.7% | $8m | 47,992 | +10% |
| Select Sector Spdr TRXLU | 1.5% | $7m | 158,645 | Held |
| Ishares TRIWM | 1.4% | $7m | 22,352 | Held |
| Bank of AmericaBAC | 1.4% | $6m | 113,224 | +38% |
| AbbVieABBV | 1.4% | $6m | 25,506 | -3% |
| Norfolk SouthernNSC | 1.4% | $6m | 20,292 | Held |
| WalmartWMT | 1.3% | $6m | 52,792 | Held |
| Travelers CompaniesTRV | 1.3% | $6m | 18,063 | Held |
| Ishares TRIGM | 1.2% | $6m | 35,257 | Held |
| Johnson & JohnsonJNJ | 1.2% | $6m | 22,704 | -3% |
| State STR Spdr S&P Midcap 40MDY | 1.2% | $6m | 8,192 | -4% |
| Invesco Exchange Traded FD TRSP | 1.2% | $6m | 26,636 | Held |
| Capital One FinancialCOF | 1.2% | $5m | 27,209 | +8% |
| Qnity ElectronicsQ | 1.2% | $5m | 32,948 | +9% |
| Palantir TechnologiesPLTR | 1.1% | $5m | 43,915 | -4% |
| Capital Group Intl Focus EQTCGXU | 1.1% | $5m | 143,090 | Held |
| Select Sector Spdr TRXLI | 1.0% | $5m | 26,122 | -3% |
| Meta PlatformsMETA | 1.0% | $4m | 7,950 | +16% |
| CrowdStrike HoldingsCRWD | 0.9% | $4m | 5,745 | Held |
| IntelINTC | 0.9% | $4m | 31,100 | -4% |
| Home DepotHD | 0.9% | $4m | 12,023 | Held |
| QualcommQCOM | 0.9% | $4m | 21,864 | -6% |
| Gilead SciencesGILD | 0.9% | $4m | 31,450 | -2% |
| State STR Spdr DOW Jones INDDIA | 0.8% | $4m | 7,568 | Held |
| Cisco SystemsCSCO | 0.8% | $4m | 33,546 | -3% |
| MetLifeMET | 0.8% | $4m | 43,720 | -6% |
| FedExFDX | 0.8% | $4m | 11,742 | Held |
| OracleORCL | 0.8% | $4m | 25,029 | Held |
| GE VernovaGEV | 0.8% | $4m | 3,115 | Held |
| Berkshire HathawayBRK-B | 0.8% | $4m | 7,263 | -23% |
| British American Tobacco p.l.c.BTI | 0.8% | $4m | 57,653 | -2% |
| General ElectricGE | 0.8% | $4m | 9,438 | Held |
| Cbre GroupCBRE | 0.8% | $4m | 26,084 | Held |
| CitigroupC | 0.7% | $3m | 24,951 | Held |
| AdobeADBE | 0.7% | $3m | 16,755 | Held |
| Healthpeak PropertiesDOC | 0.7% | $3m | 158,571 | Held |
| MckessonMCK | 0.7% | $3m | 4,407 | +13% |
| Spdr Series TrustXBI | 0.7% | $3m | 20,053 | +2% |
| State STR Spdr S&P 500 ETF TSPY | 0.7% | $3m | 4,137 | -13% |
| Schwab Strategic TRSCHF | 0.7% | $3m | 111,277 | Held |
| Canadian Pacific Kansas CityCP | 0.7% | $3m | 35,325 | -5% |
| Novo Nordisk A SNVO | 0.6% | $3m | 63,091 | Held |
| Kinder MorganKMI | 0.6% | $3m | 93,573 | -4% |
| JPMorgan ChaseJPM | 0.6% | $3m | 8,925 | Held |
| Select Sector Spdr TRXLV | 0.6% | $3m | 18,205 | Held |
| Spdr Index SHS FDSCWI | 0.6% | $3m | 70,239 | Held |
| Select Sector Spdr TRXLB | 0.6% | $3m | 55,500 | -5% |
| Vanguard World FDVGT | 0.6% | $3m | 23,368 | Held |
| ChubbCB | 0.6% | $3m | 7,990 | +11% |
| Barrick MiningB | 0.6% | $3m | 72,184 | Held |
| Schwab Strategic TRFNDA | 0.6% | $3m | 69,487 | Held |
| L3harris TechnologiesLHX | 0.6% | $3m | 9,053 | -3% |
| AmgenAMGN | 0.5% | $3m | 6,995 | Held |
| Invesco QQQ TRQQQ | 0.5% | $2m | 3,346 | -3% |
| International Business MachinesIBM | 0.5% | $2m | 8,728 | Held |
| Uber TechnologiesUBER | 0.5% | $2m | 33,732 | Held |
| Franklin Templeton ETF TRFLGB | 0.5% | $2m | 68,575 | Held |
| ServiceNowNOW | 0.5% | $2m | 24,244 | +32% |
| AlphabetGOOGL | 0.5% | $2m | 6,495 | Held |
| American Electric PowerAEP | 0.5% | $2m | 16,590 | -3% |
| Verizon CommunicationsVZ | 0.5% | $2m | 53,454 | +38% |
| Astera LabsALAB | 0.5% | $2m | 4,655 | New |
| ArcbestARCB | 0.5% | $2m | 15,235 | Held |
| LindeLIN | 0.5% | $2m | 4,110 | Held |
| Vanguard Index FDSVOO | 0.5% | $2m | 3,097 | -4% |
| MedtronicMDT | 0.4% | $2m | 26,711 | -5% |
| NucorNUE | 0.4% | $2m | 9,250 | Held |
| Wells Fargo & CompanyWFC | 0.4% | $2m | 24,368 | Held |
| Seagate Technology HoldingsSTX | 0.4% | $2m | 2,062 | -9% |
| Vanguard Star FDSVXUS | 0.4% | $2m | 22,334 | -20% |
| Ishares TRIJR | 0.4% | $2m | 12,568 | Held |
| Spdr Series TrustDGT | 0.4% | $2m | 9,971 | -2% |
| NvidiaNVDA | 0.4% | $2m | 9,132 | -30% |
| Select Sector Spdr TRXLE | 0.4% | $2m | 34,348 | +19% |
| BPBP | 0.4% | $2m | 49,235 | Held |
| Everest GroupEG | 0.4% | $2m | 5,030 | -6% |
| Vanguard Tax-Managed FDSVEA | 0.4% | $2m | 24,893 | Held |
| Schwab Strategic TRFNDF | 0.4% | $2m | 33,587 | Held |
| ComcastCMCSA | 0.4% | $2m | 71,090 | -5% |
| AlphabetGOOG | 0.4% | $2m | 4,926 | -37% |
| Spdr Series TrustXES | 0.4% | $2m | 15,295 | -23% |
| Vanguard Index FDSVB | 0.4% | $2m | 5,444 | -18% |
| Genuine PartsGPC | 0.3% | $2m | 13,816 | Held |
| Axon EnterpriseAXON | 0.3% | $2m | 2,779 | Held |
| Berkshire Hathaway INC DELBRK-A | 0.3% | $1m | 2 | -50% |
| Mgic InvestmentMTG | 0.3% | $1m | 52,900 | Held |
| Freeport-McMoRanFCX | 0.3% | $1m | 23,215 | -2% |
| Winnebago IndustriesWGO | 0.3% | $1m | 45,982 | -26% |
| Ishares TRQUAL | 0.3% | $1m | 6,522 | +5% |
| ExxonMobil HoldingsXOM | 0.3% | $1m | 10,360 | -5% |
| Morgan StanleyMS | 0.3% | $1m | 6,710 | Held |
| Amazon.comAMZN | 0.3% | $1m | 5,796 | -4% |
| AllstateALL | 0.3% | $1m | 5,710 | +111% |
| NextEra EnergyNEE | 0.3% | $1m | 15,053 | Held |
| Vanguard Intl Equity Index FVWO | 0.3% | $1m | 21,766 | Held |
Showing the largest 100 of 250.
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 26.8% since 30 June 2025.
Where the money is
Technology28.0%
Financial services10.1%
Industrials8.9%
Health care6.9%
Energy3.8%
Media & telecom3.2%
Everyday goods3.2%
Retail & consumer3.0%
Materials2.2%
Real estate1.8%
Utilities1.1%
Other27.9%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.