We are live on
!
Find out more
MIC
Meridian Investment Counsel Portfolio holdings
AUM
$466M
1-Year Est. Return
42.29%
This Fund
S&P 500
This Quarter
Est. Return
+11.73%
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
$171M
AUM Growth
+$18.7M
(+12%)
Cap. Flow
+$2.25M
Cap. Flow
% of AUM
1.32%
Top 10 Holdings %
Top 10 Hldgs %
24.51%
Holding
181
New
15
Increased
12
Reduced
60
Closed
1
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
MidCap Financial Investment
MFIC
|
+$735K |
| 2 |
VanEck High Yield Muni ETF
HYD
|
+$547K |
| 3 |
British American Tobacco
BTI
|
+$281K |
| 4 |
CELG
Celgene Corp
CELG
|
+$261K |
| 5 |
Fair Isaac
FICO
|
+$246K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Ligand Pharmaceuticals
LGND
|
+$356K |
| 2 |
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
|
+$341K |
| 3 |
State Street Materials Select Sector SPDR ETF
XLB
|
+$133K |
| 4 |
Blackstone Mortgage Trust
BXMT
|
+$63.5K |
| 5 |
Intel
INTC
|
+$60.9K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 15.15% |
| 2 | Financials | 10.74% |
| 3 | Healthcare | 9.98% |
| 4 | Industrials | 8.47% |
| 5 | Energy | 7.23% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
176
Genworth Financial
GNW
$3.7B
| $105K | 0.06% |
27,500
| – | – |
|
177
Ford
F
$55.7B
| $93K | 0.05% |
10,543
| – | – |
|
|
CHK
178
DELISTED
Chesapeake Energy Corporation
CHK
| $93K | 0.05% |
150
| – | – |
|
179
Nuveen Credit Strategies Income Fund
JQC
$717M
| $83K | 0.05% |
10,700
| – | – |
|
|
FAX
180
abrdn Asia-Pacific Income Fund
FAX
$604M
| $49K | 0.03% |
1,917
| – | – |
|
|
181
Ligand Pharmaceuticals
LGND
$5.76B
| – | – |
-4,200
| Closed | -$356K |
|
Similar funds
UC
ACGA
JHC
HP
PC
RAA
SP
SCA
Meridian Investment Counsel's Q1 2019 Portfolio in Review
As of Q1 2019, Meridian Investment Counsel held 181 positions worth $171M, up 12% from $152M the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Meridian Investment Counsel's Q1 2019 filing shows 15 new, 12 increased, 60 reduced and 1 closed positions. Its largest new stake was MidCap Financial Investment: 48,960 shares worth $741K. The largest sale was Ligand Pharmaceuticals, an estimated $356K.
By sector, the portfolio is most concentrated in Technology at 15% of assets, up from 15% a quarter earlier, followed by Financials and Healthcare.
- Meridian Investment Counsel's largest Q1 2019 buy was MidCap Financial Investment: 48,960 shares worth $741K.
- Meridian Investment Counsel added most to Kraft Heinz in Q1 2019, an estimated $89.7K increase.
- Meridian Investment Counsel's biggest Q1 2019 reduction was iShares 1-5 Year Investment Grade Corporate Bond ETF, cutting an estimated $341K.
- Meridian Investment Counsel fully exited Ligand Pharmaceuticals in Q1 2019, selling an estimated $356K.
- Meridian Investment Counsel's ten largest holdings make up 25% of its $171M portfolio in Q1 2019.
- Meridian Investment Counsel opened 15 new positions and closed 1 in Q1 2019.
- Meridian Investment Counsel's portfolio value rose 12% quarter-over-quarter to $171M.
Based on Meridian Investment Counsel's 13F filing for Q1 2019, filed 6 May 2019.