Meridian Financial Advisors, LLC
Long book
$183.0M
Q1 2026
Positions
141
Top-10 weight
42%
concentration
Last quarter
+11.9%
SPY +14.8%
Turnover
8%
of book per quarter
Strategy in plain words
auto-generated from filingsMeridian Financial Advisors, LLC is a wealth-management firm allocating client money, running a $183.0M US long book across 141 positions.
The portfolio is moderately concentrated (top 10 ≈ 42% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: SCHWAB US DVD EQUITY ETF, JPMORGAN ULTRA-SHORT INCOME, ISHARES CORE S&P 500 ETF, ISHARES CORE DIVIDEND GROWTH, INVESCO QQQ TRUST SERIES 1.
Over the last 9 quarters its long book ran on average 1.2pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+0.1%
Q2 2024
+6.7%
Q3 2024
-0.3%
Q4 2024
-2.4%
Q1 2025
+5.9%
Q2 2025
+6.3%
Q3 2025
+2.0%
Q4 2025
-0.1%
Q1 2026
+11.9%
Sector allocation
Technology 40%
Healthcare 17%
Financials 11%
Utilities 10%
Consumer discretionary 7%
Industrials 6%
Energy 3%
Other 2%
Long book by quarter
What does Meridian Financial own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| MSFT MICROSOFT CORP | Technology | 6.7K | $2.5M | 1.4% | -7.0% |
| AAPL APPLE INC | Technology | 6.9K | $1.8M | 1.0% | -0.9% |
| MRK MERCK & CO. INC. | Healthcare | 14.6K | $1.8M | 1.0% | -6.1% |
| AMZN AMAZON.COM INC | Consumer discretionary | 4.8K | $1.0M | 0.5% | +0.4% |
| CSCO CISCO SYSTEMS INC | Technology | 12.4K | $966K | 0.5% | -1.7% |
| JPM JPMORGAN CHASE & CO | Financials | 2.9K | $842K | 0.5% | -0.1% |
| GOOG ALPHABET INC-CL C | Technology | 2.3K | $661K | 0.4% | -4.2% |
| GOOGL ALPHABET INC-CL A | Technology | 2.2K | $619K | 0.3% | +0.9% |
| WM WASTE MANAGEMENT INC | Utilities | 2.6K | $591K | 0.3% | Held |
| LMT LOCKHEED MARTIN CORP | Industrials | 928 | $561K | 0.3% | Held |
| JNJ JOHNSON & JOHNSON | Healthcare | 2.2K | $541K | 0.3% | Held |
| RTX RTX CORP | Industrials | 2.5K | $492K | 0.3% | -1.9% |
| MCD MCDONALD'S CORP | Consumer discretionary | 1.3K | $409K | 0.2% | Held |
| SO SOUTHERN CO/THE | Utilities | 4.2K | $408K | 0.2% | Held |
| IBM INTL BUSINESS MACHINES CORP | Technology | 1.7K | $407K | 0.2% | -3.3% |
| CVX CHEVRON CORP | Energy | 1.9K | $385K | 0.2% | Held |
| CRWD CROWDSTRIKE HOLDINGS INC - A | Technology | 978 | $382K | 0.2% | Held |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 759 | $364K | 0.2% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 21, 2026 | 141 | $183.0M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 23, 2026 | 142 | $183.6M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 20, 2025 | 140 | $177.5M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 16, 2025 | 127 | $154.5M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 25, 2025 | 121 | $142.5M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 15, 2025 | 119 | $144.8M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 15, 2024 | 126 | $149.7M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 13, 2024 | 120 | $138.0M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Aug 13, 2024 | 121 | $134.0M | canonical | SEC ↗ |