Meridiem Investment Management 13F annual report

Meridiem Investment Management is an investment fund managing more than $5.32 trillion ran by Alison Fawcett. There are currently 59 companies in Mrs. Fawcett’s portfolio. The largest investments include Unitedhealth Inc and Microsoft, together worth $713 billion.

Limited to 30 biggest holdings

$5.32 trillion Assets Under Management (AUM)

As of 7th August 2024, Meridiem Investment Management’s top holding is 724,295 shares of Unitedhealth Inc currently worth over $369 billion and making up 6.9% of the portfolio value. Relative to the number of outstanding shares of Unitedhealth Inc, Meridiem Investment Management owns more than approximately 0.1% of the company. In addition, the fund holds 770,779 shares of Microsoft worth $344 billion, whose value grew 1.1% in the past six months. The third-largest holding is Intuitive Surgical Inc worth $320 billion and the next is Fiserv worth $313 billion, with 2,102,993 shares owned.

Currently, Meridiem Investment Management's portfolio is worth at least $5.32 trillion. 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 Meridiem Investment Management

The Meridiem Investment Management office and employees reside in London, United Kingdom. According to the last 13-F report filed with the SEC, Alison Fawcett serves as the Compliance Officer & MLRO at Meridiem Investment Management.

Recent trades

In the most recent 13F filing, Meridiem Investment Management revealed that it had opened a new position in Labcorp and bought 1,225,410 shares worth $249 billion. This means they effectively own approximately 0.1% of the company. Labcorp makes up 18.3% of the fund's Health Care sector allocation and has grown its share price by 3.0% in the past year.

The investment fund also strengthened its position in Unitedhealth Inc by buying 110,315 additional shares. This makes their stake in Unitedhealth Inc total 724,295 shares worth $369 billion. Unitedhealth Inc soared 12.4% in the past year.

On the other hand, there are companies that Meridiem Investment Management is getting rid of from its portfolio. Meridiem Investment Management closed its position in Laboratory Corp Amer Hldgs on 14th August 2024. It sold the previously owned 1,176,170 shares for $257 billion. Alison Fawcett also disclosed a decreased stake in Thermo Fisher Scientific by approximately 0.1%. This leaves the value of the investment at $308 billion and 558,133 shares.

One of the largest hedge funds

The two most similar investment funds to Meridiem Investment Management are Resolution Capital Ltd and Valmark Advisers. They manage $5.32 trillion and $5.33 trillion respectively.


Alison Fawcett investment strategy

Meridiem Investment Management’s portfolio is diversified across 11 sectors. Currently, their heaviest sector is Technology — making up 27.4% of the total portfolio value. The fund focuses on investments in the United States as 72.9% 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 76% of the total holdings value. On the other hand, small-cap stocks make up only 1.7% of the portfolio. The average market cap of the portfolio companies is close to $259 billion.

The complete list of Meridiem Investment Management trades based on 13F SEC filings

These positions were updated on August 14th 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
Unitedhealth Group Inc
17.97%
724,295
$368,820,330,000 6.93%
Microsoft Corporation
3.27%
770,779
$344,414,624,000 6.47%
Intuitive Surgical Inc
3.66%
719,915
$320,287,854,000 6.02%
Fiserv, Inc.
3.53%
2,102,993
$313,346,171,000 5.89%
Intuit Inc
16.90%
471,339
$309,739,917,000 5.82%
Thermo Fisher Scientific Inc.
2.89%
558,133
$308,390,418,000 5.79%
Marsh & McLennan Cos., Inc.
3.98%
1,460,625
$307,793,467,000 5.78%
Mastercard Incorporated
6.19%
696,606
$307,241,840,000 5.77%
Amphenol Corp.
82.06%
4,446,639
$299,585,918,000 5.63%
Synopsys, Inc.
4.24%
484,834
$288,470,220,000 5.42%
Tractor Supply Co.
2.86%
1,055,786
$285,050,784,000 5.35%
Laboratory Corp Amer Hldgs
Closed
1,176,170
$256,856,229,000
Accenture Plc Ireland
6.05%
835,923
$253,651,389,000 4.76%
Labcorp Holdings Inc.
Opened
1,225,410
$249,387,614,000 4.68%
Amazon.com Inc.
6.19%
1,205,052
$232,978,983,000 4.38%
Broadridge Finl Solutions In
6.76%
1,108,722
$218,454,220,000 4.10%
Avery Dennison Corp.
2.45%
788,336
$172,338,087,000 3.24%
Automatic Data Processing In
5.54%
706,750
$168,704,308,000 3.17%
Alphabet Inc
1.61%
1,185,900
$216,646,202,000 4.07%
Adobe Systems Incorporated
4.92%
208,503
$115,834,777,000 2.18%
Align Technology, Inc.
20.03%
472,882
$114,178,200,000 2.14%
Nike, Inc.
3.03%
1,371,065
$103,332,167,000 1.94%
Berkshire Hathaway Inc.
15.15%
28,830
$11,732,034,000 0.22%
Apple Inc
11.05%
14,487
$3,049,790,000 0.06%
Taiwan Semiconductor Mfg Ltd
12.92%
9,500
$1,651,401,000 0.03%
Costco Whsl Corp New
8.53%
1,545
$1,313,273,000 0.02%
Xylem Inc
No change
7,530
$1,021,256,000 0.02%
Mcdonalds Corp
No change
3,962
$1,009,419,000 0.02%
Blackrock Inc.
Opened
885
$697,057,000 0.01%
American Express Co.
No change
2,800
$648,662,000 0.01%
Dollar Gen Corp New
No change
3,350
$442,987,000 0.01%
WEC Energy Group Inc
No change
5,080
$398,501,000 0.01%
Meta Platforms Inc
No change
770
$388,172,000 0.01%
Johnson & Johnson
No change
2,500
$365,288,000 0.01%
Abbvie Inc
No change
1,935
$331,696,000 0.01%
Exxon Mobil Corp.
No change
2,640
$303,864,000 0.01%
Colgate-Palmolive Co.
Closed
3,000
$270,090,000
NVIDIA Corp
600.00%
2,100
$259,256,000 0.00%
Brookfield Corp
Closed
6,000
$251,190,000
AMGEN Inc.
Closed
800
$227,404,000
Wheaton Precious Metals Corp
No change
4,000
$209,660,000 0.00%
S&P Global Inc
No change
400
$178,478,000 0.00%
Abbott Labs
No change
1,570
$163,131,000 0.00%
PayPal Holdings Inc
14.50%
2,800
$162,470,000 0.00%
RTX Corp
18.99%
1,600
$160,712,000 0.00%
EBay Inc.
14.50%
2,800
$150,416,000 0.00%
Philip Morris International Inc
Closed
1,600
$146,552,000
Bank New York Mellon Corp
No change
2,387
$142,946,000 0.00%
Deere & Co.
64.86%
325
$121,383,000 0.00%
MSCI Inc
No change
245
$118,013,000 0.00%
Sap SE
No change
550
$110,954,000 0.00%
Advanced Micro Devices Inc.
No change
650
$105,437,000 0.00%
CVS Health Corp
No change
1,715
$101,339,000 0.00%
Carrier Global Corporation
18.99%
1,600
$100,936,000 0.00%
Otis Worldwide Corporation
No change
800
$77,020,000 0.00%
Brookfield Asset Managmt Ltd
Closed
1,500
$63,008,000
Dexcom Inc
No change
530
$60,091,000 0.00%
JPMorgan Chase & Co.
No change
280
$56,633,000 0.00%
Altria Group Inc.
65.22%
800
$36,444,000 0.00%
Visa Inc
76.92%
120
$31,496,000 0.00%
Verizon Communications Inc
No change
690
$28,473,000 0.00%
Chubb Limited
No change
108
$27,549,000 0.00%
Procter And Gamble Co
Closed
161
$26,122,000
Wells Fargo Co New
No change
350
$20,787,000 0.00%
Immunocore Hldgs Plc
No change
575
$19,501,000 0.00%
Tesla Inc
No change
60
$11,879,000 0.00%
No transactions found
Showing first 500 out of 66 holdings