Merlin, Inc.
MRLN- Exchange
- Nasdaq
- Industry
- Services-Computer Integrated Systems Design
- SEC CIK
- 0002028707
No open-market purchases or sales by Merlin, Inc. insiders were filed in the last 90 days; 62 institutions reported holding it in 13F filings for Q2 2026, worth $88.9M in total; no superinvestor holds it.
13F holders, Q2 2025
Institutional positions in Merlin, Inc. as of Jun 30, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works
- Institutional holders
- 43
- +9 vs. Q1 2025
- Shares held
- 23.7M
- +2.63M (+12.5%) vs. Q1 2025
- Total value
- $244.5M
- +$35.1M (+16.7%) vs. Q1 2025
- New holders
- 12
- 8 more added
- Sold out
- 3
- 10 more reduced
1 institution that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q1 2025: new holders, sold out and not filed yet
Holders and value by quarter
Institutions reporting MRLN on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 62 | $88.9M |
| Q1 2026 | 29 | $27.3M |
| Q4 2025 | 58 | $195.4M |
| Q3 2025 | 42 | $244.3M |
| Q2 2025 | 43 | $244.5M |
| Q1 2025 | 35 | $212.2M |
| Q4 2024 | 27 | $142.5M |
| Q3 2024 | 0 | $0 |
| Q2 2024 | 0 | $0 |
| Q1 2024 | 0 | $0 |
| Q4 2023 | 0 | $0 |
| Q3 2023 | 0 | $0 |
| Q2 2023 | 0 | $0 |
| Q1 2023 | 0 | $0 |
| Q4 2022 | 0 | $0 |
| Q3 2022 | 0 | $0 |
| Q2 2022 | 0 | $0 |
| Q1 2022 | 0 | $0 |
| Q4 2021 | 0 | $0 |
| Q3 2021 | 0 | $0 |
| Q2 2021 | 0 | $0 |
| Q1 2021 | 0 | $0 |
Institutions, Q2 2025
Shares, value and share of portfolio for each institution holding Merlin, Inc.; share changes are against Q1 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Meteora Capital, LLC | 2,490,200 | $25.7M | 4.79% | +2,490,200 | New |
| Vivaldi Asset Management, LLC | 2,265,000 | $23.4M | 1.58% | +1,000,000+79.1% | Added |
| CNH Partners LLC | 1,886,600 | $19.5M | 0.46% | −32,000−1.7% | Reduced |
| Westchester Capital Management, LLC | 1,765,000 | $18.2M | 1.07% | +250,000+16.5% | Added |
| Hudson Bay Capital Management LP | 1,500,000 | $15.5M | 0.10% | 00.0% | Unchanged |
| D. E. Shaw & Co., Inc. | 1,237,500 | $12.8M | 0.01% | 00.0% | Unchanged |
| Berkley W R Corp | 1,211,019 | $12.5M | 0.77% | +663,884+121.3% | Added |
| LMR Partners LLP | 1,000,000 | $10.3M | 0.16% | 00.0% | Unchanged |
| Picton Mahoney Asset Management | 950,000 | $9.79M | 0.14% | +750,000+375.0% | Added |
| Linden Advisors LP | 750,000 | $7.75M | 0.05% | 00.0% | Unchanged |
| Moore Capital Management, LP | 750,000 | $7.75M | 0.15% | +750,000 | New |
| Alberta Investment Management Corp | 750,000 | $7.75M | 0.06% | +750,000 | New |
| Polar Asset Management Partners Inc. | 750,000 | $7.73M | 0.19% | −500,000−40.0% | Reduced |
| Two Sigma Investments, LP | 625,000 | $6.44M | 0.01% | 00.0% | Unchanged |
| Goldman Sachs Group Inc | 543,963 | $5.61M | 0.00% | 00.0% | Unchanged |
| Ghisallo Capital Management LLC | 500,000 | $5.17M | 0.14% | 00.0% | Unchanged |
| Rivernorth Capital Management, LLC | 500,000 | $5.16M | 0.29% | 00.0% | Unchanged |
| UBS Oconnor LLC | 450,000 | $4.65M | 0.13% | +450,000 | New |
| Wolverine Asset Management LLC | 449,324 | $4.63M | 0.08% | −656,764−59.4% | Reduced |
| Continental General Insurance Co | 402,789 | $4.15M | 1.07% | −1,597,211−79.9% | Reduced |
| Periscope Capital Inc. | 325,000 | $3.35M | 1.27% | −20,000−5.8% | Reduced |
| Magnetar Financial LLC | 300,000 | $3.10M | 0.02% | +300,000 | New |
| Governors Lane LP | 250,000 | $2.58M | 0.35% | +250,000 | New |
| Mizuho Securities USA LLC | 232,300 | $2.37M | 0.05% | +232,300 | New |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 200,000 | $2.06M | 0.01% | 00.0% | Unchanged |
| Gritstone Asset Management LLC | 199,299 | $2.05M | 2.03% | 00.0% | Unchanged |
| Karpus Management, Inc. | 194,380 | $2.00M | 0.06% | −11,750−5.7% | Reduced |
| Wealthspring Capital LLC | 175,560 | $1.81M | 0.48% | +175,560 | New |
| Toronto Dominion Bank | 133,912 | $1.38M | 0.00% | −104,673−43.9% | Reduced |
| Radcliffe Capital Management, L.P. | 125,300 | $1.29M | 0.10% | +125,300 | New |
| Quarry LP | 100,000 | $1.03M | 0.24% | −150,000−60.0% | Reduced |
| Cantor Fitzgerald, L. P. | 100,000 | $1.03M | 0.03% | +100,000 | New |
| BCK Capital Management LP | 100,000 | $1.03M | 0.89% | +100,000 | New |
| Glazer Capital, LLC | 86,395 | $891.0K | 0.03% | +10,965+14.5% | Added |
| Schonfeld Strategic Advisors LLC | 80,000 | $824.8K | 0.01% | −20,000−20.0% | Reduced |
| Centiva Capital, LP | 76,400 | $789.2K | 0.05% | 00.0% | Unchanged |
| Bulldog Investors, LLP | 68,924 | $710.6K | 0.18% | +29,904+76.6% | Added |
| Mirae Asset Global Investments Co., Ltd. | 60,754 | $626.4K | 0.00% | 00.0% | Unchanged |
| Clear Street LLC | 50,038 | $515.9K | 0.00% | +49,809+21,750.7% | Added |
| Virtu Financial LLC | 34,656 | $358.0K | 0.02% | −163,217−82.5% | Reduced |
| Robinson Capital Management, LLC | 15,250 | $157.5K | 0.07% | 00.0% | Unchanged |
| Citadel Advisors LLC | 11,073 | $114.4K | 0.00% | +11,073 | New |
| Morgan Stanley | 143 | $1.47K | 0.00% | +103+257.5% | Added |
| Healthcare of Ontario Pension Plan Trust Fund | 0 | $0 | 0.00% | −2,475,000−100.0% | Sold out |
| DLD Asset Management, LP | 0 | $0 | 0.00% | −124,673−100.0% | Sold out |
| UBS Group AG | 0 | $0 | 0.00% | −50−100.0% | Sold out |
| Mizuho Securities USA LLC | – | – | – | – | Not filed |