Meridian Management Co. decreased its position in CVS Health Co. ( NYSE:CVS – Free Report ) by 3.5% during the first quarter, Holdings Channel.com reports. The fund owned 53,373 shares of the pharmacy operator's stock after selling 1,937 shares during the quarter. CVS Health accounts for approximately 1.3% of Meridian Management Co.'s investment portfolio, making the stock its 21st largest position. Meridian Management Co.'s holdings in CVS Health were worth $3,966,000 at the end of the most recent reporting period.

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