Meridian Wealth Management's Q3 vs Q4 2022 Portfolio Analysis: Insights for Investors

Meridian Wealth Management, LLC is a registered investment advisor that specializes in providing tailored investment management solutions for their clients. Like many other firms in the industry, they are required to file a quarterly Form 13F report with the Securities and Exchange Commission (SEC) that discloses their portfolio holdings at the end of each quarter. This publicly available report provides investors with insight into the fund's investment strategy, including the securities that the fund is buying and selling. In this blog post, we'll analyze the Q3 2022 versus Q4 2022 Meridian Wealth Management 13F holdings comparison to identify the changes in the fund's portfolio and what it could mean for investors.

Overall, Meridian Wealth Management's portfolio experienced a few changes between Q3 and Q4 2022. Although there were some gains, there were also some losses that affected the portfolio as a whole. Let's take a closer look at the individual stocks in their portfolio, in alphabetical order.

First on our list is AbbVie (ABBV), a pharmaceutical company. The fund held 39,128 shares of ABBV in Q3 2022, which decreased to 38,056 shares in Q4 2022. However, the value of the shares increased from $5,251,000 to $6,150,000, representing a 17.1% increase in value. This change shows that the fund still believes in the long-term prospects of the company, despite the slight decrease in shares held.

Next is Advanced Micro Devices Inc (AMD), a semiconductor company. In Q3 2022, the fund held 122,746 shares of the company, which decreased to 114,537 shares in Q4 2022. The value of the shares also decreased from $7,777,000 to $7,418,000, representing a 4.6% decrease in value. This decrease could indicate that the fund has lost optimism about the company's short-term prospects.

Alphabet Inc (GOOGL and GOOG) is the parent company of Google, one of the world's largest tech companies. In Q3 2022, the fund held 83,795 shares of GOOGL and 69,446 shares of GOOG. In Q4 2022, the number of shares held for both companies increased slightly, although the value of the shares decreased. The value of GOOGL shares decreased by 6.2%, while the value of GOOG shares decreased by 2.5%. This could signify that the fund believes that the company's long-term prospects are still strong, but they could face some challenges in the short-term, leading to a decrease in stock prices.

Amazon.com Inc (AMZN), the world's largest online retailer, was one of the few stocks in which the fund increased its holdings between the two quarters. The fund added 22,653 shares, bringing its total holdings to 260,653 shares. However, the value of the shares decreased by 18.6% between Q3 and Q4 2022 representing a potential signal of the company's trading prospects.

Apple Inc (AAPL), one of the world's largest technology companies, experienced a slight decrease in the number of shares held by the fund between the two quarters, going from 327,780 to 326,073. However, the value of the shares also decreased by 6.5%, indicating a slight loss in faith in the company's short-term prospects.

Banking giant JPMorgan Chase & Co (JPM) had one of the largest movements in the fund's holdings. The number of shares held by the fund increased from 112,270 to 120,866, representing a 38.2% increase. The value of the shares also increased from $1,173,200 to $1,620,800, signifying a strong belief in the company's long-term prospects.

Caterpillar Inc (CAT) is a leading manufacturer of construction and mining equipment. Meridian Wealth Management held 23,278 shares in Q3 2022, which decreased to 22,160 shares in Q4 2022. Despite the decrease in shares held, the value of the shares increased from $3,819,000 to $5,308,000, representing a strong 39% increase in value. This movement indicates that the fund still believes in the long-term prospects of the company.

Chevron Corp. (CVX) is a major player in the energy industry. Meridian Wealth Management increased its holdings of the company, going from 28,651 shares to 30,061 shares, indicating a 4.9% increase in shares held. The value of the shares also increased from $4,116,000 to $5,395,000, representing a strong 31.1% increase in value. This move could show that the fund is bullish on the prospects of the energy industry in the long run.

Overall, Meridian Wealth Management experienced mixed results in its portfolio changes between Q3 and Q4 2022. Some stocks, like Caterpillar and JPMorgan Chase & Co, saw significant increases in the number of shares held and the value of those shares. Others, like Advanced Micro Devices and Apple, saw slight decreases in shares held and a loss in value. It is important to consider these changes if you are an investor in the same or similar stocks. Although they don't provide a definite indication of the direction of the market, an investor can observe similarities between the rise and fall of shares held by a fund and a company's performance in other quarters. As always, it is important to weigh any investment decisions carefully after conducting thorough research and consulting with a trusted financial advisor.