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Meridian Investment Counsel Portfolio holdings

AUM $466M
1-Year Est. Return 42.29%
This Fund
S&P 500
This Quarter Est. Return
-11.72%
1 Year Est. Return
+42.29%
3 Year Est. Return
+103.32%
5 Year Est. Return
+120.27%
10 Year Est. Return
+385.34%
AUM
$152M
AUM Growth
-$30.6M
Cap. Flow
-$7.65M
Cap. Flow %
-5.02%
Top 10 Hldgs %
24.57%
Holding
187
New
2
Increased
21
Reduced
57
Closed
21

Top Buys

Rank Stock Value
1
ET icon
Energy Transfer Partners
ET
+$328K
2
DOCU
DocuSign
DOCU
+$311K
3
GE icon
GE Aerospace
GE
+$104K
4
META icon
Meta Platforms (Facebook)
META
+$79.7K
5
CVS icon
CVS Health
CVS
+$47.8K

Top Sells

Rank Stock Value
1
MFIC icon
MidCap Financial Investment
MFIC
+$874K
2
AAPL icon
Apple
AAPL
+$792K
3
HYD icon
VanEck High Yield Muni ETF
HYD
+$552K
4
ETP
Energy Transfer Partners, L.P.
ETP
+$375K
5
APC
Anadarko Petroleum
APC
+$296K

Sector Composition

Rank Sector Weight
1 Technology 14.67%
2 Healthcare 11.4%
3 Financials 10.35%
4 Industrials 8.16%
5 Energy 6.95%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
USB icon
126
US Bancorp
USB
$100B
$261K 0.17%
5,716
– –
CVA
127
DELISTED
Covanta Holding Corporation
CVA
$261K 0.17%
19,425
-1,200
-6% -$18.5K
DATA
128
DELISTED
Tableau Software, Inc.
DATA
$257K 0.17%
2,143
+214
+11% +$23.9K
VOX icon
129
Vanguard Communication Services ETF
VOX
$5.82B
$253K 0.17%
3,413
– –
MINT icon
130
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
MINT
$17.1B
$252K 0.17%
2,500
-172
-6% -$17.4K
RTN
131
DELISTED
Raytheon Company
RTN
$251K 0.16%
1,638
– –
TEL icon
132
TE Connectivity
TEL
$63.3B
$249K 0.16%
3,293
– –
BMRC icon
133
Bank of Marin Bancorp
BMRC
$461M
$247K 0.16%
6,000
-400
-6% -$16.4K
VTI icon
134
Vanguard Morningstar Total Stock Market ETF
VTI
$689B
$247K 0.16%
1,937
– –
TPR icon
135
Tapestry
TPR
$32.4B
$246K 0.16%
7,278
-343
-5% -$13.8K
JCI icon
136
Johnson Controls International
JCI
$93.7B
$244K 0.16%
8,229
– –
AEF
137
abrdn Emerging Markets Equity Income Fund
AEF
$371M
$238K 0.16%
37,553
– –
COP icon
138
ConocoPhillips
COP
$151B
$232K 0.15%
3,723
– –
CGW icon
139
Invesco S&P Global Water Index ETF
CGW
$1.07B
$230K 0.15%
7,400
– –
NXDT
140
NexPoint Diversified Real Estate Trust
NXDT
$243M
$228K 0.15%
11,420
– –
BIV icon
141
Vanguard Intermediate-Term Bond ETF
BIV
$28.8B
$224K 0.15%
2,758
-296
-10% -$23.7K
B
142
DELISTED
Barnes Group Inc.
B
$220K 0.14%
4,100
– –
ECF
143
Ellsworth Growth & Income Fund
ECF
$173M
$216K 0.14%
25,157
– –
GBDC icon
144
Golub Capital BDC
GBDC
$3.42B
$212K 0.14%
13,120
-1,123
-8% -$20K
UNP icon
145
Union Pacific
UNP
$174B
$211K 0.14%
1,525
– –
ELME
146
Elme Communities
ELME
$144M
$207K 0.14%
9,000
– –
HSBC icon
147
HSBC
HSBC
$355B
$207K 0.14%
5,212
-63
-1% -$2.52K
SPGI icon
148
S&P Global
SPGI
$120B
$205K 0.13%
1,205
– –
KHC icon
149
Kraft Heinz
KHC
$29.2B
$202K 0.13%
4,693
– –
QQQ icon
150
Invesco QQQ Trust
QQQ
$478B
$201K 0.13%
1,304
– –
4 5
6
7 8

Similar funds

UC
Unio Capital Princeton, New Jersey $466M AUM 14.84% 1-Year Est. Return
ACGA
Atlanta Consulting Group Advisors Atlanta, Georgia $465M AUM 17.21% 1-Year Est. Return
JHC
Jones Hill Capital New York $466M AUM
HP
Hartree Partners New York $467M AUM 66.71% 1-Year Est. Return
PC
Panview Capital Hong Kong $467M AUM 70.9% 1-Year Est. Return
RAA
RWC Asset Advisors Miami, Florida $464M AUM 93.73% 1-Year Est. Return
SP
Solel Partners Boston, Massachusetts $468M AUM 2.45% 1-Year Est. Return
SCA
Stieven Capital Advisors St. Louis, Missouri $468M AUM 15.94% 1-Year Est. Return

Meridian Investment Counsel's Q4 2018 Portfolio in Review

As of Q4 2018, Meridian Investment Counsel held 187 positions worth $152M, down 17% from $183M the previous quarter. Its ten largest holdings account for 25% of the portfolio.

Meridian Investment Counsel withdrew a net $7.65M in Q4 2018, closing 21 positions and reducing 57 holdings. Its most notable exit was MidCap Financial Investment, an estimated $874K position sold in full.

By sector, the portfolio is most concentrated in Technology at 15% of assets, down from 15% a quarter earlier, followed by Healthcare and Financials.

Against the trend, Meridian Investment Counsel opened a new position in Energy Transfer Partners worth $285K.

  • Meridian Investment Counsel's largest Q4 2018 buy was Energy Transfer Partners: 21,592 shares worth $285K.
  • Meridian Investment Counsel added most to GE Aerospace in Q4 2018, an estimated $104K increase.
  • Meridian Investment Counsel's biggest Q4 2018 reduction was Apple, cutting an estimated $792K.
  • Meridian Investment Counsel fully exited MidCap Financial Investment in Q4 2018, selling an estimated $874K.
  • Meridian Investment Counsel's ten largest holdings make up 25% of its $152M portfolio in Q4 2018.
  • Meridian Investment Counsel opened 2 new positions and closed 21 in Q4 2018.
  • Meridian Investment Counsel's portfolio value fell 17% quarter-over-quarter to $152M.

Based on Meridian Investment Counsel's 13F filing for Q4 2018, filed 13 Feb 2019.