Meridian Wealth Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Shopify
SHOP
|
+$3.88M |
| 2 |
iShares Russell 2000 ETF
IWM
|
+$3.17M |
| 3 |
NVIDIA
NVDA
|
+$2.47M |
| 4 |
Microsoft
MSFT
|
+$1.89M |
| 5 |
Netflix
NFLX
|
+$1.87M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
LK
Luckin Coffee Inc. American Depositary Shares
LK
|
+$3.53M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.79M |
| 3 |
Amazon
AMZN
|
+$1.86M |
| 4 |
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
|
+$1.72M |
| 5 |
Waste Management
WM
|
+$1.61M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 23.08% |
| 2 | Consumer Discretionary | 10.78% |
| 3 | Healthcare | 9.21% |
| 4 | Communication Services | 8.6% |
| 5 | Financials | 7.89% |
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Meridian Wealth Management's Q2 2020 Portfolio in Review
As of Q2 2020, Meridian Wealth Management held 251 positions worth $299M, up 32% from $226M the previous quarter. Its ten largest holdings account for 40% of the portfolio.
Meridian Wealth Management deployed $17.7M of net new capital in Q2 2020, opening 50 new positions and adding to 92 existing holdings. Its largest new stake was iShares Russell Top 200 Growth ETF: 17,060 shares worth $1.82M.
By sector, the portfolio is most concentrated in Technology at 23% of assets, up from 18% a quarter earlier, followed by Consumer Discretionary and Healthcare.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $2.79M trimmed.
- Meridian Wealth Management's largest Q2 2020 buy was iShares Russell Top 200 Growth ETF: 17,060 shares worth $1.82M.
- Meridian Wealth Management added most to Shopify in Q2 2020, an estimated $3.88M increase.
- Meridian Wealth Management's biggest Q2 2020 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $2.79M.
- Meridian Wealth Management fully exited Luckin Coffee Inc. American Depositary Shares in Q2 2020, selling an estimated $3.53M.
- Meridian Wealth Management's ten largest holdings make up 40% of its $299M portfolio in Q2 2020.
- Meridian Wealth Management opened 50 new positions and closed 28 in Q2 2020.
- Meridian Wealth Management's portfolio value rose 32% quarter-over-quarter to $299M.
Based on Meridian Wealth Management's 13F filing for Q2 2020, filed 15 Jul 2020.