Meristem Family Wealth, LLC

CIK

1511915

Location

MINNETONKA, MN

Portfolio Value

Small $918,447,597

Diversification

Highly concentrated

Filing Date

Global Rank

#1,930 / 6,901 ▼ 169 · as of Mar 2022

Top Industry

Healthcare Plans 14.7%

Period ended 4 years ago

Filed May 11, 2022 · 4y

9 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Unknown

Portfolio style

Measured from the filed 13F common-share book for Mar 31, 2022, never from the firm's own description.

Style

Concentrated

The top 10 positions are 70.0% of the book (60%+)

Turnover

Low turnover

12.1% over the last four quarters (under 30%)

Horizon

Horizon unknown

The value-weighted holding period is at least 8.4 quarters, but 86.8% of the book was already held when coverage starts

Closest benchmark: every 13F filer's combined book, active share 70.6%; sector active share 41.8% against the combined 13F book's sector weights.

Over time 9 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

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Portfolio Concentration

331 tracked positions · as of Mar 31, 2022 · Δ vs Dec 31, 2021

Top Position

50.9%

+4.5 pts

Top 5

62.9%

+4.5 pts

Top 10

70.0%

+3.2 pts

HHI

2,653

Highly concentrated+432

Portfolio Trend

9 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2022

Sector	% Portfolio	Value	Positions
Unclassified	63.8%	$586,025,491	101
Healthcare	8.5%	$78,274,386	27
Technology	8.3%	$76,283,269	37
Financial Services	4.8%	$44,467,834	53
Consumer Cyclical	3.8%	$34,751,153	21
Industrials	3.5%	$32,342,979	29
Consumer Defensive	3.2%	$29,589,715	19
Communication Services	1.7%	$16,033,641	10
Energy	1.1%	$9,727,296	12
Real Estate	0.5%	$4,543,826	7
Utilities	0.4%	$3,927,181	9
Basic Materials	0.3%	$2,480,826	6

Last Quarter's Activity

Export CSV

Mar 31, 2022 vs Dec 31, 2021

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
TWOD	Two Harbors Investment Corp.	+363,636	387,586	$2,143,000
ACWI	iShares MSCI ACWI ETF	+16,543	117,059	$11,680,147
SCHG	Schwab U.S. Large-Cap Growth ETF	+14,800	29,600	$2,214,672
T	At&T Inc.	+10,726	23,098	$545,804
DGRO	iShares Core Dividend Growth ETF	+5,345	25,205	$1,346,199
INTC	Intel Corp	+3,850	27,096	$1,342,877
C	Citigroup Inc	+3,108	12,253	$654,310
VOO	VANGUARD 500 INDEX FUND	+2,890	18,080	$7,506,273
MO	Altria Group, Inc.	+2,672	15,253	$796,969
EMR	Emerson Electric Co	+2,114	8,805	$863,330
PINS	Pinterest, Inc.	+2,017	13,488	$331,939
DD	DuPont de Nemours, Inc.	+1,879	5,512	$405,572
MRK	Merck & Co., Inc.	+1,310	28,566	$2,343,840
VIOO	VANGUARD S&P SMALL-CAP 600 INDEX FUND	+1,285	8,750	$1,732,762
BMY	Bristol Myers Squibb Co	+1,261	17,564	$1,282,698
KMB	Kimberly Clark Corp	+1,211	3,049	$375,514
VFH	VANGUARD FINANCIALS INDEX FUND	+1,000	11,337	$1,058,762
VNQ	VANGUARD REAL ESTATE INDEX FUND	+959	10,098	$1,094,320
TSLA	Tesla, Inc.	+721	1,784	$1,922,438
FDX	Fedex Corp	+637	1,714	$396,602
SDY	State Street(R) SPDR(R) S&P(R) Dividend ETF	+494	9,452	$1,210,895
VDE	VANGUARD ENERGY INDEX FUND	+462	6,733	$720,700
VCR	VANGUARD CONSUMER DISCRETIONARY INDEX FUND	+350	3,701	$1,129,693
COF	Capital One Financial Corp	+272	2,702	$354,745
DOW	Dow Inc.	+259	7,868	$501,348
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
OEF	iShares S&P 100 ETF	−95,686	580,869	$121,122,803
FIVE	Five Below, Inc	−86,441	22,723	$3,598,641
AMCR	Amcor plc	−80,860	555,271	$6,291,220
IJR	iShares Core S&P Small-Cap ETF	−69,341	1,057,311	$114,062,710
UNH	Unitedhealth Group Inc	−47,570	12,665	$6,458,770
USB	US Bancorp De	−42,295	106,743	$5,673,390
AAXJ	iShares Trust	−37,096	14,941	$1,121,023
AAPL	Apple Inc.	−36,032	161,106	$28,130,718
VT	VANGUARD TOTAL WORLD STOCK INDEX FUND	−34,818	32,000	$3,241,280
XLC	State Street(R) Communication Services Select Sector SPDR(R) ETF	−34,284	27,404	$1,884,847
VV	VANGUARD LARGE-CAP INDEX FUND	−31,328	2,267	$472,646
PFE	Pfizer Inc	−22,678	56,262	$2,912,683
—		−20,355	17,580	$0
CMCSA	Comcast Corp	−19,857	17,631	$825,482
EFA	iShares MSCI EAFE ETF	−19,757	33,645	$2,476,272
IVV	iShares Core S&P 500 ETF	−16,918	416,756	$189,078,029
BDC	Belden Inc.	−16,820	65,290	$3,617,066
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	−12,258	4,801	$1,093,043
XLF	State Street Corp	−11,457	78,035	$2,990,301
PFF	iShares Preferred and Income Securities ETF	−10,511	5,744	$209,196
XLV	State Street(R) Health Care Select Sector SPDR(R) ETF	−10,486	31,662	$4,337,377
MSFT	Microsoft Corp	−9,022	43,099	$13,287,852
ABT	Abbott Laboratories	−8,200	10,968	$1,298,172
KO	Coca Cola Co	−8,166	22,304	$1,382,848
XLK	State Street(R) Technology Select Sector SPDR(R) ETF	−7,324	78,955	$12,548,318
No positions match the current search.

New Positions

Positions the filer opened this quarter

10 positions

Ticker	Company	Shares	Value
KHC	Kraft Heinz Co	10,785	$424,821
GPMT	Granite Point Mortgage Trust Inc.	29,538	$328,462
THG	Hanover Insurance Group, Inc.	2,165	$323,710
—		10,835	$291,000
CHTR	Charter Communications, Inc.	501	$273,305
ADM	Archer-Daniels-Midland Co	2,909	$262,566
AON	Aon plc	657	$213,938
LULU	lululemon athletica inc.	567	$207,085
FCX	Freeport-Mcmoran Inc	4,160	$206,918
CELC	Celcuity Inc.	13,223	$123,635
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
—		825,773	$11,742,000
FNDA	Schwab Strategic Trust	84,319	$4,688,979
HRL	Hormel Foods Corp	17,806	$869,110
IWC	iShares Micro-Cap ETF	4,654	$650,303
MU	Micron Technology Inc	6,856	$638,636
EPAM	EPAM Systems, Inc.	926	$618,984
AVDV	Avantis International Small Cap Value ETF	8,627	$556,872
PGR	Progressive Corp	5,022	$515,508
NVO	Novo Nordisk A S	4,336	$485,632
IEFA	iShares Core MSCI EAFE ETF	6,103	$455,527
ETN	Eaton Corp plc	2,299	$397,313
ARE	Alexandria Real Estate Equities, Inc.	1,755	$391,294
CCI	Crown Castle Inc.	1,867	$389,717
GM	General Motors Co	6,249	$366,378
NSC	Norfolk Southern Corp	1,226	$364,992
AEP	American Electric Power Co Inc	4,083	$363,264
IMCG	iShares Morningstar Mid-Cap Growth ETF	4,800	$351,552
DVA	Davita Inc.	3,072	$349,470
HUM	Humana Inc	690	$320,063
A	Agilent Technologies, Inc.	1,993	$318,182
DHI	Horton D R Inc	2,885	$312,878
CSX	Csx Corp	8,256	$310,425
DG	Dollar General Corp	1,299	$306,343
BIIB	Biogen Inc.	1,233	$295,821
TOL	Toll Brothers, Inc.	4,000	$289,560
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

331 tracked positions · $918,447,597 total · filing declares 337 positions · $925,312,000 · as of Mar 31, 2022

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 331 positions by value · page 1 of 7

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
IVV	iShares Core S&P 500 ETF	Reduced	416,756	-16,918	$189,078,029	−8.6%	9+	before history	20.59%
OEF	iShares S&P 100 ETF	Reduced	580,869	-95,686	$121,122,803	−18.3%	9+	before history	13.19%
IJR	iShares Core S&P Small-Cap ETF	Reduced	1,057,311	-69,341	$114,062,710	−11.6%	9+	before history	12.42%
CNC	Centene Corp Healthcare	Reduced	493,353	-5,650	$41,535,389	+1.0%	9+	before history	4.52%
AAPL	Apple Inc. Technology	Reduced	161,106	-36,032	$28,130,718	−19.6%	9+	before history	3.06%
SPY	Spdr S&P 500 ETF Trust	Reduced	37,912	-2,118	$17,122,575	−9.9%	9+	before history	1.86%
		Held	432,233	0	$14,307,000	+2.3%	3	unpriced	1.56%
MSFT	Microsoft Corp Technology	Reduced	43,099	-9,022	$13,287,852	−24.2%	9+	before history	1.45%
XLK	State Street(R) Technology Select Sector SPDR(R) ETF	Reduced	78,955	-7,324	$12,548,318	−16.4%	9+	before history	1.37%
PEP	Pepsico Inc Consumer Defensive	Reduced	72,845	-3,629	$12,192,796	−8.2%	9+	before history	1.33%
DE	Deere & Co Industrials	Reduced	28,245	-319	$11,734,667	+19.8%	9+	before history	1.28%
ACWI	iShares MSCI ACWI ETF	Added	117,059	+16,543	$11,680,147	+9.9%	9+	before history	1.27%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	3,086	-733	$10,060,205	−21.0%	9+	before history	1.10%
VOO	VANGUARD 500 INDEX FUND	Added	18,080	+2,890	$7,506,273	+13.2%	6	unpriced	0.82%
QQQ	Invesco Qqq Trust, Series 1	Reduced	18,883	-1,235	$6,845,842	−14.5%	9+	before history	0.75%
MDY	Spdr S&P Midcap 400 ETF Trust	Reduced	13,237	-92	$6,492,086	−5.9%	9+	before history	0.71%
UNH	Unitedhealth Group Inc Healthcare	Reduced	12,665	-47,570	$6,458,770	−78.6%	9+	before history	0.70%
AMCR	Amcor plc Consumer Cyclical	Reduced	555,271	-80,860	$6,291,220	−17.7%	9+	before history	0.68%
TGT	Target Corp Consumer Defensive	Reduced	27,211	-4,289	$5,774,718	−20.8%	9+	before history	0.63%
USB	US Bancorp De Financial Services	Reduced	106,743	-42,295	$5,673,390	−32.2%	9+	before history	0.62%
JNJ	Johnson & Johnson Healthcare	Reduced	31,992	-2,081	$5,669,942	−2.7%	9+	before history	0.62%
IWM	iShares Russell 2000 ETF	Reduced	26,196	-854	$5,377,252	−10.6%	9+	before history	0.59%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	14,856	-3,371	$5,242,830	−3.8%	9+	before history	0.57%
INTU	Intuit Inc. Technology	Reduced	10,048	-3,854	$4,831,480	−46.0%	9+	before history	0.53%
GOOGL	Alphabet Inc. Communication Services	Reduced	1,630	-324	$4,533,600	−19.9%	9+	before history	0.49%
XLV	State Street(R) Health Care Select Sector SPDR(R) ETF	Reduced	31,662	-10,486	$4,337,377	−27.0%	9+	before history	0.47%
GOOG	Alphabet Inc. Communication Services	Reduced	1,443	-821	$4,030,000	−38.5%	9+	before history	0.44%
MMM	3M Co Industrials	Reduced	25,451	-4,849	$3,789,144	−29.6%	9+	before history	0.41%
BDC	Belden Inc. Technology	Reduced	65,290	-16,820	$3,617,066	−33.0%	9+	before history	0.39%
FIVE	Five Below, Inc Consumer Cyclical	Reduced	22,723	-86,441	$3,598,641	−84.1%	3	$199.09	0.39%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	25,273	-5,111	$3,445,215	−28.4%	9+	before history	0.38%
VIG	Vanguard Specialized Funds	Reduced	20,885	-4,912	$3,386,711	−23.6%	9+	before history	0.37%
VT	VANGUARD TOTAL WORLD STOCK INDEX FUND	Reduced	32,000	-34,818	$3,241,280	−54.8%	4	$104.41	0.35%
HD	Home Depot, Inc. Consumer Cyclical	Reduced	10,563	-443	$3,161,822	−30.8%	9+	before history	0.34%
V	Visa Inc. Financial Services	Reduced	13,905	-4,487	$3,083,711	−22.6%	9+	before history	0.34%
NVDA	Nvidia Corp Technology	Reduced	10,978	-547	$2,995,457	−11.6%	9+	before history	0.33%
XLF	State Street Corp Financial Services	Reduced	78,035	-11,457	$2,990,301	−14.4%	9+	before history	0.33%
XOM	ExxonMobil Holdings Corp Energy	Reduced	36,169	-265	$2,987,197	+34.0%	9+	before history	0.33%
PFE	Pfizer Inc Healthcare	Reduced	56,262	-22,678	$2,912,683	−37.5%	9+	before history	0.32%
DIA	Spdr Dow Jones Industrial Average ETF Trust	Held	7,663	0	$2,657,758	−4.5%	4	$342.75	0.29%
NKE	NIKE, Inc. Consumer Cyclical	Reduced	19,344	-439	$2,602,928	−21.1%	9+	before history	0.28%
EFA	iShares MSCI EAFE ETF	Reduced	33,645	-19,757	$2,476,272	−41.1%	9+	before history	0.27%
COST	Costco Wholesale Corp Consumer Defensive	Reduced	4,295	-2,966	$2,473,275	−40.0%	9+	before history	0.27%
MRK	Merck & Co., Inc. Healthcare	Added	28,566	+1,310	$2,343,840	+12.2%	9+	before history	0.26%
ABBV	AbbVie Inc. Healthcare	Reduced	14,317	-2,920	$2,320,928	−0.6%	9+	before history	0.25%
CRWD	CrowdStrike Holdings, Inc. Technology	Added	9,980	+90	$2,266,258	+11.9%	6	$222.07	0.25%
SCHG	Schwab U.S. Large-Cap Growth ETF	Added	29,600	+14,800	$2,214,672	−8.6%	3	unpriced	0.24%
IWF	iShares Russell 1000 Growth ETF	Reduced	7,827	-500	$2,173,010	−14.6%	9+	before history	0.24%
TWOD	Two Harbors Investment Corp. Real Estate	Added	387,586	+363,636	$2,143,000	+1452.9%	9+	before history	0.23%
TECH	BIO-TECHNE Corp Healthcare	Held	4,762	0	$2,062,136	−16.3%	6	$459.01	0.22%

Showing the top 50 of 331 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.