MERIDIAN INVESTMENT COUNSEL INC.

13F filer, CIK 1427351, LAFAYETTE, CA

MERIDIAN INVESTMENT COUNSEL INC. reported $335,030,707 across 213 holdings for the quarter ended 2024-12-31, in a 13F-HR filed 2025-02-12. Its ten largest share positions make up 28.13% of the portfolio.

Filed 2025-02-12 (acceptance time not in the bulk data set), ingested 2026-10-07 18:25:55 UTC13F-HR 0001427351-25-000002

Period: 2024-12-31
Reported value: $335M
Holdings: 213
Top 10 weight: 28.13%
New: 13
Sold out: 12

Largest buys vs the previous quarter

Security	Shares change	Approx. value
AAPLadded	+16,105	$4.03M
MDYadded	+3,455	$1.97M
NVOadded	+22,314	$1.92M
IWMadded	+5,478	$1.21M
XLInew	+8,458	$1.11M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

Security	Shares change	Approx. value
TSMreduced	-9,002	-$1.78M
MCKreduced	-1,510	-$861K
PLTRreduced	-8,120	-$614K
OIreduced	-53,067	-$575K
LAM RESEARCH CORPexited	-672	-$548K

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q4 2024

Share positions as resolved from 13F-HR 0001427351-25-000002, largest first. % of portfolio is the value over $335,030,707, the sum of the share positions whose value is usable for ratios (method).

Security	Shares	Value	% of portfolio	Change	Timeline
AAPLAPPLE INC	76,662	$19.2M	5.73%	+16,105	Timeline
TSMTAIWAN SEMICONDUCTOR MANUFAC	95,670	$18.9M	5.64%	-9,002	Timeline
MSFTMICROSOFT CORP	27,077	$11.4M	3.41%	-1,148	Timeline
ADBEADOBE INC	21,912	$9.74M	2.91%	-257	Timeline
CVXCHEVRON CORPORATION	55,315	$8.01M	2.39%	-100	Timeline
IAUISHARES GOLD TR	125,976	$6.24M	1.86%	+1,133	Timeline
XLUSELECT SECTOR SPDR TR	73,572	$5.57M	1.66%	+10,109	Timeline
FDXFEDEX CORP	19,053	$5.36M	1.6%	-1,150	Timeline
NSCNORFOLK SOUTHN CORP	21,073	$4.95M	1.48%	-55	Timeline
WMTWALMART INC	53,948	$4.87M	1.45%	-4,625	Timeline
ABBVABBVIE INC	26,894	$4.78M	1.43%	-940	Timeline
MDYSTATE STR SPDR S&P MIDCAP 40	8,345	$4.75M	1.42%	+3,455	Timeline
HDHOME DEPOT INC	12,091	$4.7M	1.4%	0	Timeline
TRVTRAVELERS COMPANIES INC	18,178	$4.38M	1.31%	-1,788	Timeline
PLTRPALANTIR TECHNOLOGIES INC	57,600	$4.36M	1.3%	-8,120	Timeline
ORCLORACLE CORP	25,918	$4.32M	1.29%	+200	Timeline
RSPINVESCO EXCHANGE TRADED FD T	24,195	$4.24M	1.27%	+1,292	Timeline
METMETLIFE INC	51,710	$4.23M	1.26%	-1,050	Timeline
BRK-BBERKSHIRE HATHAWAY INC DEL	9,159	$4.15M	1.24%	+1,525	Timeline
QCOMQUALCOMM INC	26,570	$4.08M	1.22%	-1,094	Timeline
NVONOVO-NORDISK A S	45,697	$3.93M	1.17%	+22,314	Timeline
IGMISHARES TR	37,230	$3.8M	1.13%	-1,950	Timeline
SPYSTATE STR SPDR S&P 500 ETF T	6,390	$3.75M	1.12%	-665	Timeline
METAMETA PLATFORMS INC	6,396	$3.74M	1.12%	-126	Timeline
BACBANK OF AMER CORP	83,899	$3.69M	1.1%	-7,192	Timeline
CBRECBRE GROUP INC	27,059	$3.55M	1.06%	0	Timeline
JNJJOHNSON & JOHNSON	23,476	$3.4M	1.01%	+847	Timeline
WGOWINNEBAGO INDS INC	70,645	$3.38M	1.01%	-4,325	Timeline
DIASTATE STR SPDR DOW JONES IND	7,862	$3.35M	1%	+136	Timeline
CMCSACOMCAST CORP NEW	84,623	$3.18M	0.95%	-1,625	Timeline
DDDUPONT DE NEMOURS INC	40,484	$3.09M	0.92%	+469	Timeline
IWMISHARES TR	13,870	$3.06M	0.91%	+5,478	Timeline
KMIKINDER MORGAN INC DEL	99,349	$2.72M	0.81%	-3,445	Timeline
DOCUDOCUSIGN INC	29,174	$2.62M	0.78%	-526	Timeline
XLVSELECT SECTOR SPDR TR	18,640	$2.56M	0.77%	0	Timeline
NVDANVIDIA CORPORATION	18,808	$2.53M	0.75%	+1,193	Timeline
TAPMOLSON COORS BEVERAGE CO	41,804	$2.4M	0.72%	-3,218	Timeline
QQQINVESCO QQQ TR	4,616	$2.36M	0.7%	-240	Timeline
DOCHEALTHPEAK PROPERTIES INC	112,911	$2.29M	0.68%	-2,097	Timeline
XLBSELECT SECTOR SPDR TR	26,835	$2.26M	0.67%	+2	Timeline
MCKMCKESSON CORP	3,898	$2.22M	0.66%	-1,510	Timeline
BTIBRITISH AMERN TOB PLC	58,737	$2.13M	0.64%	+850	Timeline
JPMJPMORGAN CHASE & CO	8,787	$2.11M	0.63%	+1,982	Timeline
WYWEYERHAEUSER CO	73,456	$2.07M	0.62%	-1,952	Timeline
CCITIGROUP INC	28,302	$1.99M	0.59%	-75	Timeline
MDTMEDTRONIC PLC	24,934	$1.99M	0.59%	+12,297	Timeline
CWISPDR INDEX SHS FDS	70,939	$1.98M	0.59%	+1,500	Timeline
GILDGILEAD SCIENCES INC	21,367	$1.97M	0.59%	-205	Timeline
TGNATEGNA INC	107,833	$1.97M	0.59%	-9,000	Timeline
CBCHUBB LIMITED	7,034	$1.94M	0.58%	-1,569	Timeline
LHXL3HARRIS TECHNOLOGIES INC	9,164	$1.93M	0.58%	+410	Timeline
IBMINTERNATIONAL BUSINESS MACHS	8,758	$1.93M	0.57%	-1,000	Timeline
HONHONEYWELL INTL INC	8,494	$1.92M	0.57%	+220	Timeline
VGTVANGUARD WORLD FD	2,933	$1.82M	0.54%	-110	Timeline
VZVERIZON COMMUNICATIONS INC	44,247	$1.77M	0.53%	-8,757	Timeline
AMGNAMGEN INC	6,767	$1.76M	0.53%	0	Timeline
GEGE AEROSPACE	10,425	$1.74M	0.52%	-1,750	Timeline
PFEPFIZER INC	65,157	$1.73M	0.52%	+2,137	Timeline
WFCWELLS FARGO & CO	24,295	$1.71M	0.51%	-2,086	Timeline
VOOVANGUARD INDEX FDS	3,145	$1.69M	0.51%	+753	Timeline
KDPKEURIG DR PEPPER INC	52,540	$1.69M	0.5%	-130	Timeline
GPCGENUINE PARTS CO	14,416	$1.68M	0.5%	+541	Timeline
AXONAXON ENTERPRISE INC	2,800	$1.66M	0.5%	-200	Timeline
AEPAMERICAN ELEC PWR CO INC	17,740	$1.64M	0.49%	+6,825	Timeline
BPBP PLC	53,322	$1.58M	0.47%	-13,855	Timeline
MGMMGM RESORTS INTERNATIONAL	45,200	$1.57M	0.47%	-5,000	Timeline
KVUEKENVUE INC	71,652	$1.53M	0.46%	-694	Timeline
CSCOCISCO SYS INC	25,700	$1.52M	0.45%	+700	Timeline
WHWYNDHAM HOTELS & RESORTS INC	14,419	$1.45M	0.43%	0	Timeline
IJRISHARES TR	12,488	$1.44M	0.43%	0	Timeline
GOOGALPHABET INC	7,523	$1.43M	0.43%	-1,220	Timeline
ARCBARCBEST CORP	15,235	$1.42M	0.42%	0	Timeline
DGTSPDR SERIES TRUST	10,724	$1.42M	0.42%	-174	Timeline
VEAVANGUARD TAX-MANAGED FDS	29,227	$1.4M	0.42%	-84	Timeline
FLGBFRANKLIN TEMPLETON ETF TR	49,600	$1.3M	0.39%	+2,500	Timeline
MTGMGIC INVT CORP WIS	54,000	$1.28M	0.38%	-20,000	Timeline
XLESELECT SECTOR SPDR TR	14,910	$1.28M	0.38%	+5,100	Timeline
XESSPDR SERIES TRUST	16,145	$1.27M	0.38%	+6,600	Timeline
XOMEXXON MOBIL CORP	11,613	$1.25M	0.37%	0	Timeline
TMTOYOTA MOTOR CORP	6,028	$1.17M	0.35%	-1,102	Timeline
XBISPDR SERIES TRUST	12,707	$1.14M	0.34%	-1,070	Timeline
NUENUCOR CORP	9,792	$1.14M	0.34%	0	Timeline
IHIISHARES TR	19,438	$1.13M	0.34%	+15,188	Timeline
VBVANGUARD INDEX FDS	4,642	$1.12M	0.33%	+550	Timeline
XLISELECT SECTOR SPDR TR	8,458	$1.11M	0.33%	new	Timeline
QUALISHARES TR	6,234	$1.11M	0.33%	0	Timeline
CRMSALESFORCE INC	3,230	$1.08M	0.32%	+217	Timeline
NEENEXTERA ENERGY INC	15,010	$1.08M	0.32%	0	Timeline
GEVGE VERNOVA INC	3,189	$1.05M	0.31%	-437	Timeline
ADPAUTOMATIC DATA PROCESSING IN	3,488	$1.02M	0.3%	0	Timeline
BARRICK GOLD CORPBARRICK GOLD CORP	65,266	$1.01M	0.3%	+18,266
IXJISHARES TR	11,719	$1.01M	0.3%	-300	Timeline
INTCINTEL CORP	49,441	$991K	0.3%	-17,740	Timeline
TAT&T INC	43,491	$990K	0.3%	-1,422	Timeline
IJKISHARES TR	10,644	$968K	0.29%	0	Timeline
VWOVANGUARD INTL EQUITY INDEX F	21,313	$939K	0.28%	0	Timeline
COSTCOSTCO WHOLESALE CORPORATION	1,001	$917K	0.27%	+100	Timeline
FCXFREEPORT MCMORAN INC	24,015	$914K	0.27%	+700	Timeline
AMZNAMAZON COM INC	4,131	$906K	0.27%	0	Timeline
OIO-I GLASS INC	79,050	$857K	0.26%	-53,067	Timeline
MSMORGAN STANLEY	6,735	$847K	0.25%	0	Timeline
IJJISHARES TR	6,648	$831K	0.25%	0	Timeline
JAAAJANUS DETROIT STR TR	16,250	$824K	0.25%	new	Timeline
GOOGLALPHABET INC	4,324	$819K	0.24%	+12	Timeline
KOCOCA COLA CO	12,951	$806K	0.24%	+1,340	Timeline
XLCSELECT SECTOR SPDR TR	8,045	$779K	0.23%	-5	Timeline
XOPSPDR SERIES TRUST	5,845	$774K	0.23%	+475	Timeline
EWTISHARES INC	14,836	$768K	0.23%	-5,900	Timeline
KMBKIMBERLY-CLARK CORP	5,710	$748K	0.22%	0	Timeline
MFICMIDCAP FINANCIAL INVSTMNT CO	54,445	$734K	0.22%	-16,075	Timeline
PGPROCTER & GAMBLE CO	4,307	$722K	0.22%	+183	Timeline
SYFSYNCHRONY FINANCIAL	11,072	$720K	0.21%	-500	Timeline
EMREMERSON ELEC CO	5,705	$707K	0.21%	0	Timeline
PTLCPACER FDS TR	13,200	$705K	0.21%	new	Timeline
RTXRTX CORPORATION	6,030	$698K	0.21%	-30	Timeline
OXYOCCIDENTAL PETE CORP	13,995	$691K	0.21%	+1,695	Timeline
VTIVANGUARD INDEX FDS	2,357	$683K	0.2%	0	Timeline
PEPPEPSICO INC	4,465	$679K	0.2%	0	Timeline
ALLYALLY FINL INC	18,600	$670K	0.2%	-4,600	Timeline
IXPISHARES TR	6,700	$648K	0.19%	0	Timeline
REGNREGENERON PHARMACEUTICALS	854	$608K	0.18%	0	Timeline
VDCVANGUARD WORLD FD	2,875	$608K	0.18%	+440	Timeline
STZCONSTELLATION BRANDS INC	2,725	$602K	0.18%	0	Timeline
VHTVANGUARD WORLD FD	2,330	$591K	0.18%	+70	Timeline
IJHISHARES TR	9,315	$580K	0.17%	0	Timeline
UTFCOHEN & STEERS INFRASTRUCTUR	23,881	$574K	0.17%	0	Timeline
DFASDIMENSIONAL ETF TRUST	8,799	$573K	0.17%	0	Timeline
LECOLINCOLN ELEC HLDGS INC	2,921	$548K	0.16%	-129	Timeline
TNLTRAVEL PLUS LEISURE CO	10,460	$528K	0.16%	-2,180	Timeline
CVSCVS HEALTH CORP	11,384	$511K	0.15%	-2,398	Timeline
SLBSLB LIMITED	13,050	$500K	0.15%	+2,825	Timeline
UNITED STATES STL CORP NEWUNITED STATES STL CORP NEW	14,700	$500K	0.15%	+600
LRCXLAM RESEARCH CORP	6,720	$485K	0.14%	new	Timeline
BSVVANGUARD BD INDEX FDS	6,205	$479K	0.14%	0	Timeline
IVVISHARES TR	810	$477K	0.14%	0	Timeline
MRKMERCK & CO INC	4,779	$475K	0.14%	0	Timeline
CETCENTRAL SECS CORP	10,319	$471K	0.14%	0	Timeline
JCIJOHNSON CONTROLS INTERNATION	5,845	$461K	0.14%	0	Timeline
MDLZMONDELEZ INTL INC	7,720	$461K	0.14%	0	Timeline
CTRACOTERRA ENERGY INC	17,515	$447K	0.13%	0	Timeline
TPRTAPESTRY INC	6,806	$445K	0.13%	0	Timeline
CTASCINTAS CORP	2,400	$438K	0.13%	0	Timeline
VOXVANGUARD WORLD FD	2,827	$438K	0.13%	-100	Timeline
BBNBLACKROCK TAX MUNICPAL BD TR	27,167	$438K	0.13%	-8,167	Timeline
SBUXSTARBUCKS CORP	4,778	$436K	0.13%	-184	Timeline
ETNEATON CORP PLC	1,300	$431K	0.13%	0	Timeline
TSLATESLA INC	1,051	$424K	0.13%	+171	Timeline
GDXVANECK ETF TRUST	12,450	$422K	0.13%	+6,450	Timeline
ARCCARES CAPITAL CORP	19,200	$420K	0.13%	-2,300	Timeline
CTVACORTEVA INC	7,154	$407K	0.12%	+247	Timeline
MDBMONGODB INC	1,742	$406K	0.12%	0	Timeline
DUKDUKE ENERGY CORP NEW	3,745	$403K	0.12%	0	Timeline
NEMNEWMONT CORP	10,802	$402K	0.12%	0	Timeline
TELTE CONNECTIVITY PLC	2,624	$375K	0.11%	0	Timeline
GEHCGE HEALTHCARE TECHNOLOGIES I	4,775	$373K	0.11%	-1,096	Timeline
HPEHEWLETT PACKARD ENTERPRISE C	17,232	$368K	0.11%	+599	Timeline
MCDMCDONALDS CORP	1,262	$366K	0.11%	new	Timeline
HPQHP INC	11,183	$365K	0.11%	-223	Timeline
HSYHERSHEY CO	2,100	$356K	0.11%	new	Timeline
XBFZXBLACKROCK CA MUNI INC TR	31,700	$355K	0.11%	-9,700	Timeline
WBDWARNER BROS DISCOVERY INC	33,125	$350K	0.1%	-10,259	Timeline
SPLVINVESCO EXCH TRADED FD TR II	4,948	$346K	0.1%	0	Timeline
EWGISHARES INC	10,728	$341K	0.1%	-4,883	Timeline
ABTABBOTT LABORATORIES	3,017	$341K	0.1%	+834	Timeline
PNRPENTAIR PLC	3,349	$337K	0.1%	0	Timeline
PNNTPENNANTPARK INVTS CORP	46,600	$330K	0.1%	-500	Timeline
VNQVANGUARD INDEX FDS	3,698	$329K	0.1%	0	Timeline
EFAISHARES TR	4,323	$327K	0.1%	-1,500	Timeline
BCSFBAIN CAP SPECIALTY FIN INC	18,476	$324K	0.1%	-625	Timeline
CARRCARRIER GLOBAL CORPORATION	4,742	$324K	0.1%	0	Timeline
CGWINVESCO EXCH TRADED FD TR II	5,900	$320K	0.1%	0	Timeline
ZBHZIMMER BIOMET HOLDINGS INC	3,025	$320K	0.1%	0	Timeline
COPCONOCOPHILLIPS	3,190	$316K	0.09%	0	Timeline
CXCEMEX SAB DE CV	56,000	$316K	0.09%	-8,700	Timeline
SOSOUTHERN CO	3,802	$313K	0.09%	0	Timeline
XLFSELECT SECTOR SPDR TR	6,475	$313K	0.09%	+395	Timeline
MTUMISHARES TR	1,504	$311K	0.09%	0	Timeline
GNWGENWORTH FINL INC	44,000	$308K	0.09%	0	Timeline
CVECENOVUS ENERGY INC	20,275	$307K	0.09%	+500	Timeline
LNCLINCOLN NATL CORP IND	9,562	$303K	0.09%	-1,143	Timeline
UNPUNION PAC CORP	1,317	$300K	0.09%	0	Timeline
BNYBANK OF NY MELLON CORP	3,800	$292K	0.09%	0	Timeline
USMVISHARES TR	3,284	$292K	0.09%	0	Timeline
IWRISHARES TR	3,275	$290K	0.09%	0	Timeline
ASMLASML HLDG NV	416	$288K	0.09%	new	Timeline
DISDISNEY WALT CO	2,556	$285K	0.08%	-20	Timeline
DKNGDRAFTKINGS INC NEW	7,585	$282K	0.08%	0	Timeline
ETRENTERGY CORP NEW	3,600	$273K	0.08%	+1,800	Timeline
FNDXSCHWAB STRATEGIC TR	11,424	$271K	0.08%	+7,450	Timeline
AXPAMERICAN EXPRESS CO	903	$268K	0.08%	new	Timeline
TJXTJX COS INC NEW	2,199	$266K	0.08%	0	Timeline
MMM3M CO	2,008	$259K	0.08%	-25	Timeline
MAMASTERCARD INCORPORATED	492	$259K	0.08%	0	Timeline
IWFISHARES TR	630	$253K	0.08%	0	Timeline
ENBENBRIDGE INC	5,929	$252K	0.08%	0	Timeline
DOWDOW HLDGS INC	6,187	$248K	0.07%	+666	Timeline
IBRXIMMUNITYBIO INC	96,433	$247K	0.07%	0	Timeline
DESWISDOMTREE TR	7,000	$240K	0.07%	new	Timeline
DBDEUTSCHE BK AG	14,000	$239K	0.07%	0	Timeline
AMDADVANCED MICRO DEVICES INC	1,905	$230K	0.07%	+131	Timeline
AIGAMERICAN INTL GROUP INC	3,159	$230K	0.07%	0	Timeline
SCHXSCHWAB STRATEGIC TR	9,831	$228K	0.07%	+5,938	Timeline
DFIVDIMENSIONAL ETF TRUST	6,005	$213K	0.06%	0	Timeline
BPOPPOPULAR INC	2,250	$212K	0.06%	0	Timeline
EQTEQT CORP	4,514	$208K	0.06%	new	Timeline
PSCDINVESCO EXCH TRADED FD TR II	1,882	$205K	0.06%	0	Timeline
BMYBRISTOL-MYERS SQUIBB CO	3,584	$203K	0.06%	new	Timeline
VVRINVESCO SR INCOME TR	31,566	$125K	0.04%	-29,105	Timeline
VODVODAFONE GROUP PLC	12,943	$110K	0.03%	-11,700	Timeline
ECFELLSWORTH GROWTH & INCOME FD	11,100	$108K	0.03%	0	Timeline
CHWCALAMOS GBL DYN INCOME FUND	15,500	$105K	0.03%	new	Timeline
USALIBERTY ALL STAR EQUITY FD	11,895	$82.7K	0.02%	new	Timeline
RIGTRANSOCEAN LTD	15,000	$56.2K	0.02%	0	Timeline

Sold out in Q4 2024

Positions in the previous quarter's report that this quarter's report no longer lists.

Security	Shares before	Value before	Type
LAM RESEARCH CORPLAM RESEARCH CORP	672	$548K	shares
UBERUBER TECHNOLOGIES INC	4,800	$361K	shares
EWJISHARES INC	4,318	$309K	shares
STXSEAGATE TECHNOLOGY HLDNGS PL	2,269	$249K	shares
IGSBISHARES TR	4,367	$230K	shares
BIVVANGUARD BD INDEX FDS	2,758	$216K	shares
PSAPUBLIC STORAGE	580	$211K	shares
UNHUNITEDHEALTH GROUP INC	356	$208K	shares
FNDASCHWAB STRATEGIC TR	3,416	$203K	shares
RFICOHEN & STEERS TOTAL RETURN	13,894	$182K	shares
JPCNUVEEN PFD & INCOME OPPORTUN	13,850	$112K	shares
WALGREENS BOOTS ALLIANCE INCWALGREENS BOOTS ALLIANCE INC	10,700	$95.9K	shares

How Q4 2024 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

Filing	Role	Amendment	Filed	Accepted	Ingested
13F-HR 0001427351-25-000002	base		2025-02-12	acceptance time not in the bulk data set	2026-10-07 18:25:55 UTC