Meridian 13F annual report
Meridian is an investment fund managing more than $138 billion ran by Georgia Bruggeman. There are currently 67 companies in Mrs. Bruggeman’s portfolio. The largest investments include J P Morgan Exchange Traded F and Schwab Strategic Tr, together worth $19.9 billion.
$138 billion Assets Under Management (AUM)
As of 6th August 2024, Meridian’s top holding is 199,018 shares of J P Morgan Exchange Traded F currently worth over $10 billion and making up 7.3% of the portfolio value.
In addition, the fund holds 127,259 shares of Schwab Strategic Tr worth $9.9 billion.
The third-largest holding is Ishares Tr worth $34.1 billion and the next is Vanguard Index Fds worth $14.4 billion, with 62,515 shares owned.
Currently, Meridian's portfolio is worth at least $138 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Meridian
The Meridian office and employees reside in Holliston, Massachusetts. According to the last 13-F report filed with the SEC, Georgia Bruggeman serves as the Managing Member at Meridian.
Recent trades
In the most recent 13F filing, Meridian revealed that it had opened a new position in
Franklin Templeton Etf Tr and bought 10,062 shares worth $315 million.
The investment fund also strengthened its position in J P Morgan Exchange Traded F by buying
7,663 additional shares.
This makes their stake in J P Morgan Exchange Traded F total 199,018 shares worth $10 billion.
On the other hand, there are companies that Meridian is getting rid of from its portfolio.
Meridian closed its position in Vanguard Tax-managed Fds on 13th August 2024.
It sold the previously owned 4,479 shares for $225 million.
Georgia Bruggeman also disclosed a decreased stake in Microsoft by approximately 0.1%.
This leaves the value of the investment at $3.58 billion and 8,002 shares.
One of the smallest hedge funds
The two most similar investment funds to Meridian are Seatown Pte and Vitalstone. They manage $138 billion and $138 billion respectively.
Georgia Bruggeman investment strategy
Meridian’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Technology — making up 4.9% of
the total portfolio value.
The fund focuses on investments in the United States as
40.3% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
39% of the total holdings value.
On the other hand, small-cap stocks make up only 1.5% of the portfolio.
The average market cap of the portfolio companies is close to $317 billion.
The complete list of Meridian trades based on 13F SEC filings
These positions were updated on August 13th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| J P Morgan Exchange Traded F |
4.00%
199,018
|
$10,045,257,000 | 7.28% |
| Schwab Strategic Tr |
2.05%
127,259
|
$9,896,187,000 | 7.17% |
| Ishares Tr |
4.03%
370,360
|
$34,129,063,000 | 24.73% |
| Vanguard Index Fds |
1.40%
62,515
|
$14,376,310,000 | 10.42% |
| Microsoft Corporation |
0.31%
8,002
|
$3,576,572,000 | 2.59% |
| Spdr Ser Tr |
7.71%
252,543
|
$15,254,284,000 | 11.05% |
| Invesco Exchange Traded Fd T |
15.18%
53,707
|
$5,691,385,000 | 4.12% |
| Wisdomtree Tr |
1.60%
64,208
|
$4,040,515,000 | 2.93% |
| Invesco Exch Traded Fd Tr Ii |
0.68%
46,409
|
$4,114,982,000 | 2.98% |
| Merck Co Inc |
5.79%
17,431
|
$2,157,978,000 | 1.56% |
| Apple Inc |
0.68%
9,289
|
$1,956,534,000 | 1.42% |
| Vanguard Specialized Funds |
No change
10,654
|
$1,944,941,000 | 1.41% |
| Spdr Sp Midcap 400 Etf Tr |
1.37%
3,587
|
$1,919,202,000 | 1.39% |
| Alps Etf Tr |
4.68%
84,494
|
$1,913,318,000 | 1.39% |
| Spdr Sp 500 Etf Tr |
No change
3,003
|
$1,634,293,000 | 1.18% |
| Amazon.com Inc. |
19.47%
5,921
|
$1,144,233,000 | 0.83% |
| Vanguard Scottsdale Fds |
29.71%
25,072
|
$1,964,921,000 | 1.42% |
| Cambria Etf Tr |
16.17%
13,613
|
$929,495,000 | 0.67% |
| Fidelity Covington Trust |
0.77%
18,880
|
$801,272,000 | 0.58% |
| Jpmorgan Chase Co. |
0.67%
3,685
|
$745,407,000 | 0.54% |
| Cisco Sys Inc |
No change
15,410
|
$732,142,000 | 0.53% |
| Proshares Tr |
4.12%
7,575
|
$728,168,000 | 0.53% |
| Alphabet Inc |
0.29%
6,844
|
$1,250,775,000 | 0.91% |
| Select Sector Spdr Tr |
5.43%
28,440
|
$2,695,367,000 | 1.95% |
| Waste Mgmt Inc Del |
No change
2,771
|
$591,182,000 | 0.43% |
| First Tr Exchange Traded Fd |
7.43%
12,224
|
$575,270,000 | 0.42% |
| NVIDIA Corp |
927.03%
3,800
|
$469,452,000 | 0.34% |
| Lockheed Martin Corp. |
No change
1,001
|
$467,778,000 | 0.34% |
| Johnson Johnson |
No change
3,170
|
$463,327,000 | 0.34% |
| Vanguard Whitehall Fds |
1.02%
13,521
|
$1,161,449,000 | 0.84% |
| Procter And Gamble Co |
3.66%
2,380
|
$392,463,000 | 0.28% |
| Chevron Corp. |
No change
2,460
|
$384,719,000 | 0.28% |
| Mcdonalds Corp |
No change
1,502
|
$382,882,000 | 0.28% |
| CVS Health Corp |
2.40%
6,478
|
$382,564,000 | 0.28% |
| Crowdstrike Holdings Inc |
No change
971
|
$372,077,000 | 0.27% |
| The Southern Co. |
No change
4,627
|
$358,909,000 | 0.26% |
| Verizon Communications Inc |
0.92%
8,632
|
$355,964,000 | 0.26% |
| Eli Lilly Co |
9.57%
378
|
$342,234,000 | 0.25% |
| Stryker Corp. |
No change
991
|
$337,240,000 | 0.24% |
| Ball Corp. |
No change
5,485
|
$329,210,000 | 0.24% |
| Berkshire Hathaway Inc. |
No change
788
|
$320,558,000 | 0.23% |
| RTX Corp |
0.63%
3,169
|
$318,136,000 | 0.23% |
| International Business Machs |
No change
1,824
|
$315,461,000 | 0.23% |
| Franklin Templeton Etf Tr |
Opened
10,062
|
$314,538,000 | 0.23% |
| Etf Ser Solutions |
5.36%
5,900
|
$303,201,000 | 0.22% |
| Broadcom Inc |
3.63%
186
|
$298,629,000 | 0.22% |
| Unitedhealth Group Inc |
No change
583
|
$296,899,000 | 0.22% |
| Avery Dennison Corp. |
No change
1,331
|
$291,073,000 | 0.21% |
| Ishares Tr |
Opened
2,161
|
$275,484,000 | 0.20% |
| Invesco Exch Trd Slf Idx Fd |
0.33%
12,056
|
$273,910,000 | 0.20% |
| Oracle Corp. |
No change
1,895
|
$267,554,000 | 0.19% |
| Adobe Inc |
No change
475
|
$263,882,000 | 0.19% |
| Pepsico Inc |
5.72%
1,552
|
$255,902,000 | 0.19% |
| Comcast Corp New |
0.05%
6,467
|
$253,235,000 | 0.18% |
| United Therapeutics Corp |
22.00%
780
|
$248,469,000 | 0.18% |
| Bank America Corp |
No change
6,101
|
$242,620,000 | 0.18% |
| Spdr Ser Tr |
Opened
6,987
|
$240,482,000 | 0.17% |
| Cytokinetics Inc |
15.63%
4,318
|
$233,949,000 | 0.17% |
| NextEra Energy Inc |
No change
3,302
|
$233,815,000 | 0.17% |
| Illinois Tool Wks Inc |
No change
985
|
$233,381,000 | 0.17% |
| Us Bancorp Del |
0.24%
5,806
|
$230,513,000 | 0.17% |
| Spdr Dow Jones Indl Average |
3.52%
575
|
$224,900,000 | 0.16% |
| Vanguard Tax-managed Fds |
Closed
4,479
|
$224,711,000 | |
| Dominion Energy Inc |
2.95%
4,535
|
$222,226,000 | 0.16% |
| Ark Etf Tr |
Closed
7,299
|
$221,379,000 | |
| Duke Energy Corp. |
No change
2,206
|
$221,123,000 | 0.16% |
| Alnylam Pharmaceuticals Inc |
Opened
900
|
$218,700,000 | 0.16% |
| Abbvie Inc |
Closed
1,147
|
$208,942,000 | |
| Intel Corp. |
1.53%
6,707
|
$207,701,000 | 0.15% |
| Vanguard World Fd |
No change
774
|
$205,884,000 | 0.15% |
| Home Depot, Inc. |
Closed
535
|
$205,237,000 | |
| Visa Inc |
Closed
720
|
$200,938,000 | |
| No transactions found | |||
| Showing first 500 out of 72 holdings | |||
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