MERIDIAN INVESTMENT COUNSEL INC.

Institutional InvestorSimilar funds →SEC EDGAR: CIK 1427351
Institutional-grade research for retail investors

13F Reported Value

$419.9M

Holdings

237

Latest Filing

2026-03-31

Filing Quarter

Q1 2026

Portfolio Overview

MERIDIAN INVESTMENT COUNSEL INC. disclosed 237 positions worth $419.9M in its Form 13F-HR for Q1 2026, led by $TSM (TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD) at 6.8% of the equity portfolio, followed by $AAPL and $IAU. During the quarter the fund opened 10 new positions and exited 9 — including a new stake in $CRWD and a full exit from $TGNA. The portfolio is most concentrated in Technology (27.9% of disclosed assets). All figures are sourced directly from MERIDIAN INVESTMENT COUNSEL INC.’s Form 13F-HR filing with the SEC under CIK 1427351.

Sector Allocation

TechnologyOtherFinancialsIndustrialsHealthcareEnergy

AUM History

Top Equity Holdings by Value

Quarterly Activity — Q1 2026

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Top Holdings

AI Quality Scored

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32-signal composite ranking on each of MERIDIAN INVESTMENT COUNSEL INC.'s 237 positions.

Showing top 10 of 237 holdings.

Sector Allocation

Technology

$117.4M

Other

$100.6M

Financials

$63.0M

Industrials

$29.5M

Healthcare

$28.0M

Energy

$21.0M

Consumer Discretionary

$19.6M

Consumer Staples

$11.5M

Full Holdings — MERIDIAN INVESTMENT COUNSEL INC. (Q1 2026)

All 237 disclosed positions from the latest Form 13F-HR, with quarter-over-quarter share changes and 13F Pro quality scores. Sourced from SEC EDGAR.

#TickerCompanyValueWeightQoQQuality
1TSM$TSMTAIWAN SEMICONDUCTOR MANUFACTURING CO LTD$28.6M6.8%-1%
2AAPL$AAPLApple Inc.$18.0M4.3%+0%76.1
3IAU$IAUISHARES GOLD TRUST$10.8M2.6%-1%
4MSFT$MSFTMICROSOFT CORP$10.3M2.5%+0%83.7
5CVX$CVXCHEVRON CORP$9.0M2.1%-1%54.7
6SELECT SECTOR SPDR TR$7.4M1.8%+2%
7PLTR$PLTRPalantir Technologies Inc.$6.7M1.6%+0%85.8
8WMT$WMTWalmart Inc.$6.6M1.6%-1%63.2
9NSC$NSCNORFOLK SOUTHERN CORP$5.9M1.4%+0%70.8
10ABBV$ABBVAbbVie Inc.$5.7M1.4%-1%59.3
11JNJ$JNJJOHNSON & JOHNSON$5.7M1.4%-1%72.8
12ISHARES TR$5.6M1.3%+3%
13TRV$TRVTRAVELERS COMPANIES, INC.$5.4M1.3%+0%71.5
14MDY$MDYSPDR S&P MIDCAP 400 ETF TRUST$5.3M1.3%-0%
15IVZ$IVZInvesco Ltd.$5.1M1.2%+1%
16COF$COFCAPITAL ONE FINANCIAL CORP$4.6M1.1%+66%71
17BRK.B$BRK.BBERKSHIRE HATHAWAY INC$4.5M1.1%-8%64.5
18GILD$GILDGILEAD SCIENCES, INC.$4.5M1.1%+0%77.8
19SELECT SECTOR SPDR TR$4.3M1.0%+2%
20CAPITAL GROUP INTL FOCUS EQT$4.3M1.0%+1%
21FDX$FDXFEDEX CORP$4.2M1.0%-0%60.3
22ISHARES TR$4.2M1.0%-1%
23ADBE$ADBEADOBE INC.$4.1M1.0%-0%80.4
24BAC$BACBANK OF AMERICA CORP /DE/$4.0M0.9%+0%68.4
25HD$HDHOME DEPOT, INC.$4.0M0.9%-1%69.2
26META$METAMeta Platforms, Inc.$3.9M0.9%+0%80.9
27ORCL$ORCLORACLE CORP$3.7M0.9%+0%67.2
28CBRE$CBRECBRE GROUP, INC.$3.5M0.8%-0%62.9
29STATE STR SPDR DOW JONES IND$3.5M0.8%-0%
30Q$QQnity Electronics, Inc.$3.5M0.8%+43%
31BTI$BTIBritish American Tobacco p.l.c.$3.4M0.8%-1%
32MCK$MCKMCKESSON CORP$3.4M0.8%-0%63.7
33MET$METMETLIFE INC$3.3M0.8%-6%73.9
34KMI$KMIKINDER MORGAN, INC.$3.3M0.8%-1%74.6
35LHX$LHXL3HARRIS TECHNOLOGIES, INC. /DE/$3.2M0.8%-1%66.5
36SPY$SPYSPDR S&P 500 ETF TRUST$3.1M0.7%-3%
37QCOM$QCOMQUALCOMM INC/DE$3.0M0.7%-14%81.9
38MU$MUMICRON TECHNOLOGY INC$3.0M0.7%+82%88.4
39B$BBARRICK MINING CORP$3.0M0.7%+8%
40CP$CPCANADIAN PACIFIC KANSAS CITY LTD/CN$2.9M0.7%-0%
41SELECT SECTOR SPDR TR$2.9M0.7%+0%
42BRK.A$BRK.ABERKSHIRE HATHAWAY INC$2.9M0.7%+0%64.5
43C$CCITIGROUP INC$2.9M0.7%+0%54.8
44SCHWAB STRATEGIC TR$2.8M0.7%+7%
45GEV$GEVGE Vernova Inc.$2.7M0.7%-0%70.1
46GE$GEGENERAL ELECTRIC CO$2.7M0.6%-1%74.8
47SELECT SECTOR SPDR TR$2.7M0.6%+0%
48CSCO$CSCOCISCO SYSTEMS, INC.$2.7M0.6%+33%72.3
49DOC$DOCHEALTHPEAK PROPERTIES, INC.$2.6M0.6%+5%62
50STT$STTSTATE STREET CORP$2.6M0.6%+0%61.5
51JPM$JPMJPMORGAN CHASE & CO$2.6M0.6%+0%35.6
52SPDR SERIES TRUST$2.5M0.6%+37%
53AMGN$AMGNAMGEN INC$2.5M0.6%+0%79.5
54UBER$UBERUber Technologies, Inc$2.4M0.6%+1%79.3
55MDT$MDTMedtronic plc$2.4M0.6%+0%
56FRANKLIN TEMPLETON ETF TR$2.4M0.6%+2%
57BP$BPBP PLC$2.4M0.6%-2%
58CB$CBChubb Ltd$2.3M0.6%-0%
59SPDR SERIES TRUST$2.3M0.6%+17%
60NVO$NVONOVO NORDISK A S$2.3M0.5%-0%
61SCHWAB STRATEGIC TR$2.3M0.5%+3%
62CRWD$CRWDCrowdStrike Holdings, Inc.$2.3M0.5%NEW55
63NVDA$NVDANVIDIA CORP$2.3M0.5%+4%90.2
64GOOGL$GOOGLAlphabet Inc.$2.2M0.5%+4%80.2
65AEP$AEPAMERICAN ELECTRIC POWER CO INC$2.2M0.5%-0%75.4
66VANGUARD STAR FDS$2.2M0.5%+15%
67IBM$IBMINTERNATIONAL BUSINESS MACHINES CORP$2.1M0.5%+0%66.7
68CCZ$CCZCOMCAST CORP$2.1M0.5%-1%70.4
69HON$HONHONEYWELL INTERNATIONAL INC$2.1M0.5%+1%65.7
70LIN$LINLINDE PLC$2.1M0.5%+8%
71VANGUARD WORLD FD$2.1M0.5%+0%
72QQQ$QQQINVESCO QQQ TRUST, SERIES 1$2.0M0.5%-13%
73VZ$VZVERIZON COMMUNICATIONS INC$1.9M0.5%-5%71.6
74VANGUARD INDEX FDS$1.9M0.5%+1%
75WFC$WFCWELLS FARGO & COMPANY/MN$1.9M0.5%+0%
76NOW$NOWServiceNow, Inc.$1.9M0.5%NEW76
77WGO$WGOWINNEBAGO INDUSTRIES INC$1.9M0.5%-9%46.6
78GOOG$GOOGAlphabet Inc.$1.9M0.4%+5%80.2
79XOM$XOMEXXON MOBIL CORP$1.8M0.4%-4%61.8
80SELECT SECTOR SPDR TR$1.8M0.4%-0%
81EG$EGEVEREST GROUP, LTD.$1.8M0.4%+1%
82SPDR SERIES TRUST$1.7M0.4%-1%
83VANGUARD INDEX FDS$1.7M0.4%+3%
84SCHWAB STRATEGIC TR$1.6M0.4%+18%
85VANGUARD TAX-MANAGED FDS$1.6M0.4%-0%
86NUE$NUENUCOR CORP$1.6M0.4%-4%58.9
87ISHARES TR$1.6M0.4%+2%
88PFE$PFEPFIZER INC$1.5M0.4%-14%69
89ARCB$ARCBARCBEST CORP /DE/$1.5M0.4%+0%42.9
90GPC$GPCGENUINE PARTS CO$1.5M0.3%-3%54.2
91MGM$MGMMGM Resorts International$1.5M0.3%-3%48
92INTC$INTCINTEL CORP$1.4M0.3%+0%41.5
93NEE$NEENEXTERA ENERGY INC$1.4M0.3%+0%71.7
94FCX$FCXFREEPORT-MCMORAN INC$1.4M0.3%+0%73.1
95MTG$MTGMGIC INVESTMENT CORP$1.4M0.3%+0%67.1
96WY$WYWEYERHAEUSER CO$1.3M0.3%-1%52.9
97VANECK ETF TRUST$1.3M0.3%+8%
98RTX$RTXRTX Corp$1.3M0.3%+0%70
99AMZN$AMZNAMAZON COM INC$1.3M0.3%+1%74.6
100ISHARES TR$1.2M0.3%+1%
101ISHARES TR$1.2M0.3%+0%
102AXON$AXONAXON ENTERPRISE, INC.$1.2M0.3%+0%55.6
103VANGUARD INTL EQUITY INDEX F$1.2M0.3%+0%
104TM$TMTOYOTA MOTOR CORP/$1.2M0.3%-0%
105T$TAT&T INC.$1.1M0.3%+0%71.9
106MS$MSMORGAN STANLEY$1.1M0.3%-0%
107ISHARES TR$1.1M0.3%+0%
108DOCU$DOCUDOCUSIGN, INC.$1.1M0.3%-17%67.5
109ISHARES TR$1.1M0.3%+0%
110SPDR SERIES TRUST$973,7000.2%+0%
111TPR$TPRTAPESTRY, INC.$960,3950.2%+0%76.4
112COST$COSTCOSTCO WHOLESALE CORP /NEW$956,5730.2%+2%67
113NEM$NEMNEWMONT Corp /DE/$932,2490.2%-20%88.3
114VANGUARD WORLD FD$929,3530.2%-1%
115GBDC$GBDCGOLUB CAPITAL BDC, Inc.$916,5840.2%+13%
116KO$KOCOCA COLA CO$912,6000.2%+0%74
117SLRC$SLRCSLR Investment Corp.$891,1550.2%+52%
118STX$STXSeagate Technology Holdings plc$888,9030.2%+0%
119ISHARES TR$880,8600.2%+0%
120WH$WHWYNDHAM HOTELS & RESORTS, INC.$872,0040.2%+0%61.4
121OXY$OXYOCCIDENTAL PETROLEUM CORP /DE/$859,3000.2%-8%66.3
122EMR$EMREMERSON ELECTRIC CO$837,7420.2%+2%65.9
123ARCC$ARCCARES CAPITAL CORP$826,0370.2%+6%
124VANGUARD INDEX FDS$783,4180.2%-1%
125SELECT SECTOR SPDR TR$773,6920.2%-1%
126ISHARES TR$746,5900.2%+0%
127IBRX$IBRXImmunityBio, Inc.$739,6410.2%+0%30
128WBD$WBDWarner Bros. Discovery, Inc.$734,5550.2%-2%42.1
129JCI$JCIJohnson Controls International plc$709,2250.2%+0%
130RDDT$RDDTReddit, Inc.$705,8350.2%+25%79.3
131LECO$LECOLINCOLN ELECTRIC HOLDINGS INC$685,2190.2%+0%67.5
132ISHARES TR$673,0040.2%+0%
133TNL$TNLTravel & Leisure Co.$669,4130.2%+0%61
134CVS$CVSCVS HEALTH Corp$660,3850.2%+0%51.3
135SLB$SLBSLB LIMITED/NV$660,3620.2%-51%63.2
136BLK$BLKBlackRock, Inc.$657,8100.2%+0%70.3
137DD$DDDuPont de Nemours, Inc.$651,9170.2%-66%31.1
138PG$PGPROCTER & GAMBLE Co$643,7650.1%-0%72.9
139DIMENSIONAL ETF TRUST$625,8730.1%+0%
140PACER FDS TR$621,6510.1%-1%
141CVE$CVECENOVUS ENERGY INC.$617,4860.1%+0%
142ISHARES INC$615,1600.1%-13%
143TAP$TAPMOLSON COORS BEVERAGE CO$607,5340.1%-10%42.2
144COP$COPCONOCOPHILLIPS$606,2760.1%+0%74.8
145ADP$ADPAUTOMATIC DATA PROCESSING INC$585,1580.1%-12%77.9
146PEP$PEPPEPSICO INC$584,2010.1%+0%62.7
147CTRA$CTRACoterra Energy Inc.$573,3090.1%+0%80.6
148VANGUARD WORLD FD$571,8930.1%-0%
149ASML$ASMLASML HOLDING NV$565,3150.1%+0%
150CTVA$CTVACorteva, Inc.$565,1260.1%-6%48.4
151ALL$ALLALLSTATE CORP$562,3060.1%NEW76.6
152DUK$DUKDuke Energy CORP$548,6390.1%+0%64
153TEL$TELTE Connectivity plc$548,4680.1%+0%
154CRM$CRMSalesforce, Inc.$542,2760.1%+0%75.2
155ISHARES TR$529,1000.1%+0%
156UTF$UTFCOHEN & STEERS INFRASTRUCTURE FUND INC$524,8720.1%-3%
157LRCX$LRCXLAM RESEARCH CORP$523,4670.1%-14%82.4
158JANUS DETROIT STR TR$511,2560.1%-16%
159ALLY$ALLYAlly Financial Inc.$508,0290.1%+0%69.3
160SYF$SYFSynchrony Financial$507,3610.1%-12%
161MSIF$MSIFMSC INCOME FUND, INC.$495,7260.1%+150%
162VANGUARD WORLD FD$487,9060.1%+0%
163MCD$MCDMCDONALDS CORP$468,0500.1%+4%73.9
164ETN$ETNEaton Corp plc$465,3290.1%+0%
165ISHARES TR$461,6360.1%+2%
166MRK$MRKMerck & Co., Inc.$456,2600.1%-15%70.9
167CET$CETCENTRAL SECURITIES CORP$455,6310.1%-10%
168ACHR$ACHRArcher Aviation Inc.$449,5320.1%+98%25
169OI$OIO-I Glass, Inc. /DE/$442,4710.1%-6%38.4
170MFIC$MFICMidCap Financial Investment Corp$439,6300.1%+4%
171AMD$AMDADVANCED MICRO DEVICES INC$439,4090.1%+11%78.8
172HSY$HSYHERSHEY CO$436,5690.1%+0%59.4
173MDLZ$MDLZMondelez International, Inc.$436,3350.1%+0%53.9
174MDB$MDBMongoDB, Inc.$426,3890.1%+0%54.6
175ISHARES TR$419,8930.1%+0%
176KMB$KMBKIMBERLY CLARK CORP$409,6120.1%-12%61.7
177CTAS$CTASCINTAS CORP$405,9360.1%+0%76.3
178ETR$ETRENTERGY CORP /DE/$404,4960.1%+0%65.1
179GEHC$GEHCGE HealthCare Technologies Inc.$387,0280.1%-8%58.2
180VANGUARD INTL EQUITY INDEX F$386,7620.1%+16%
181__PARK_1390777$__PARK_1390777Bank of New York Mellon Corp$379,6160.1%+0%36.7
182IVZ$IVZInvesco Ltd.$377,2460.1%+0%
183ABT$ABTABBOTT LABORATORIES$371,7680.1%+11%67
184SO$SOSOUTHERN CO$366,9690.1%+0%65.1
185IVZ$IVZInvesco Ltd.$361,8970.1%+0%
186SBUX$SBUXSTARBUCKS CORP$330,8560.1%+0%54.6
187VANGUARD INDEX FDS$328,0130.1%+0%
188LNC$LNCLINCOLN NATIONAL CORP$322,9440.1%+0%50.8
189ENB$ENBENBRIDGE INC$321,0180.1%+0%
190ISHARES TR$318,4280.1%+0%
191DIMENSIONAL ETF TRUST$316,9440.1%+0%
192TY$TYTRI-CONTINENTAL Corp$308,1600.1%+0%
193ISHARES TR$304,5580.1%+0%
194BPOP$BPOPPOPULAR, INC.$301,8830.1%+0%
195VANGUARD INDEX FDS$300,5780.1%+0%
196SCHWAB STRATEGIC TR$296,2400.1%+0%
197RNR$RNRRENAISSANCERE HOLDINGS LTD$288,3130.1%+0%
198EQT$EQTEQT Corp$287,2710.1%+0%83.3
199HPE$HPEHewlett Packard Enterprise Co$285,5770.1%-19%52.5
200PNR$PNRPENTAIR plc$282,3240.1%+0%
201ISHARES TR$282,0910.1%-1%
202DIS$DISWalt Disney Co$278,4420.1%+4%68.9
203CAT$CATCATERPILLAR INC$277,7160.1%+0%67.8
204NVT$NVTnVent Electric plc$273,7000.1%+0%
205GNW$GNWGENWORTH FINANCIAL INC$272,0200.1%+0%46.6
206ISHARES TR$268,6320.1%+0%
207PH$PHParker-Hannifin Corp$268,5720.1%+0%73.8
208META$METAMeta Platforms, Inc.$263,9280.1%-9%80.9
209WT$WTWisdomTree, Inc.$251,5800.1%+0%62.9
210ZBH$ZBHZIMMER BIOMET HOLDINGS, INC.$246,3950.1%+0%64.9
211BCSF$BCSFBain Capital Specialty Finance, Inc.$242,6180.1%+4%
212CAH$CAHCARDINAL HEALTH INC$241,3160.1%+0%58.6
213DB$DBDEUTSCHE BANK AKTIENGESELLSCHAFT$238,2400.1%+0%
214MMM$MMM3M CO$235,2730.1%+0%60.7
215AIG$AIGAMERICAN INTERNATIONAL GROUP, INC.$235,1560.1%+0%59.5
216ISHARES INC$234,6080.1%-23%
217AMAT$AMATAPPLIED MATERIALS INC /DE$233,7840.1%NEW74.8
218SHEL$SHELShell plc$232,5000.1%NEW
219V$VVISA INC.$226,9820.1%+22%83.5
220MA$MAMastercard Inc$225,8460.1%+0%81.7
221DK$DKDelek US Holdings, Inc.$225,3500.1%NEW33.9
222KVUE$KVUEKenvue Inc.$224,8610.1%+0%60.2
223FIRST TR EXCHANGE TRADED FD$224,7840.1%+0%
224BA$BABOEING CO$223,1130.1%+0%51.8
225KEYS$KEYSKeysight Technologies, Inc.$222,5080.1%NEW72.3
226VANGUARD INDEX FDS$222,3260.1%+0%
227TJX$TJXTJX COMPANIES INC /DE/$219,1080.1%-0%70.7
228USB$USBUS BANCORP DE$217,6100.1%+0%71.4
229BMY$BMYBRISTOL MYERS SQUIBB CO$217,3700.1%NEW70.1
230PEO$PEOADAMS NATURAL RESOURCES FUND, INC.$216,2560.1%NEW
231OHI$OHIOMEGA HEALTHCARE INVESTORS INC$215,2000.1%+0%63.2
232UNP$UNPUNION PACIFIC CORP$214,7190.1%-10%74
233VANGUARD BD INDEX FDS$200,1280.1%+0%
234MUC$MUCBLACKROCK MUNIHOLDINGS CALIFORNIA QUALITY FUND, INC.$133,5150.0%NEW
235ECF$ECFELLSWORTH GROWTH & INCOME FUND LTD$123,7650.0%+0%
236RIG$RIGTransocean Ltd.$99,4500.0%+0%
237PNNT$PNNTPENNANTPARK INVESTMENT CORP$63,7580.0%+0%

New Positions (10)

CRWD$CRWD CrowdStrike Holdings, Inc.$2.3M
NOW$NOW ServiceNow, Inc.$1.9M
ALL$ALL ALLSTATE CORP$562,306
AMAT$AMAT APPLIED MATERIALS INC /DE$233,784
SHEL$SHEL Shell plc$232,500
DK$DK Delek US Holdings, Inc.$225,350
KEYS$KEYS Keysight Technologies, Inc.$222,508
BMY$BMY BRISTOL MYERS SQUIBB CO$217,370
PEO$PEO ADAMS NATURAL RESOURCES FUND, INC.$216,256
MUC$MUC BLACKROCK MUNIHOLDINGS CALIFORNIA QUALITY FUND, INC.$133,515

Exited Positions (9)

TGNA$TGNA TEGNA INC
KDP$KDP Keurig Dr Pepper Inc.
AXP$AXP AMERICAN EXPRESS CO
DKNG$DKNG DraftKings Inc.
HPQ$HPQ HP INC
TSLA$TSLA Tesla, Inc.
BLACKROCK CALIF MUN INCOME T
ISRG$ISRG INTUITIVE SURGICAL INC
BBN$BBN BlackRock Taxable Municipal Bond Trust

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