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 |
|---|---|---|---|---|---|
| Morgan Stanley | 143 | $1.47K | 0.00% | +103+257.5% | Added |
| Citadel Advisors LLC | 11,073 | $114.4K | 0.00% | +11,073 | New |
| Robinson Capital Management, LLC | 15,250 | $157.5K | 0.07% | 00.0% | Unchanged |
| Virtu Financial LLC | 34,656 | $358.0K | 0.02% | −163,217−82.5% | Reduced |
| Clear Street LLC | 50,038 | $515.9K | 0.00% | +49,809+21,750.7% | Added |
| Mirae Asset Global Investments Co., Ltd. | 60,754 | $626.4K | 0.00% | 00.0% | Unchanged |
| Bulldog Investors, LLP | 68,924 | $710.6K | 0.18% | +29,904+76.6% | Added |
| Centiva Capital, LP | 76,400 | $789.2K | 0.05% | 00.0% | Unchanged |
| Schonfeld Strategic Advisors LLC | 80,000 | $824.8K | 0.01% | −20,000−20.0% | Reduced |
| Glazer Capital, LLC | 86,395 | $891.0K | 0.03% | +10,965+14.5% | Added |
| 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 |
| Radcliffe Capital Management, L.P. | 125,300 | $1.29M | 0.10% | +125,300 | New |
| Toronto Dominion Bank | 133,912 | $1.38M | 0.00% | −104,673−43.9% | Reduced |
| Wealthspring Capital LLC | 175,560 | $1.81M | 0.48% | +175,560 | New |
| Karpus Management, Inc. | 194,380 | $2.00M | 0.06% | −11,750−5.7% | Reduced |
| Gritstone Asset Management LLC | 199,299 | $2.05M | 2.03% | 00.0% | Unchanged |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 200,000 | $2.06M | 0.01% | 00.0% | Unchanged |
| Mizuho Securities USA LLC | 232,300 | $2.37M | 0.05% | +232,300 | New |
| Governors Lane LP | 250,000 | $2.58M | 0.35% | +250,000 | New |
| Magnetar Financial LLC | 300,000 | $3.10M | 0.02% | +300,000 | New |
| Periscope Capital Inc. | 325,000 | $3.35M | 1.27% | −20,000−5.8% | Reduced |
| Continental General Insurance Co | 402,789 | $4.15M | 1.07% | −1,597,211−79.9% | Reduced |
| Wolverine Asset Management LLC | 449,324 | $4.63M | 0.08% | −656,764−59.4% | Reduced |
| UBS Oconnor LLC | 450,000 | $4.65M | 0.13% | +450,000 | New |
| Rivernorth Capital Management, LLC | 500,000 | $5.16M | 0.29% | 00.0% | Unchanged |
| Ghisallo Capital Management LLC | 500,000 | $5.17M | 0.14% | 00.0% | Unchanged |
| Goldman Sachs Group Inc | 543,963 | $5.61M | 0.00% | 00.0% | Unchanged |
| Two Sigma Investments, LP | 625,000 | $6.44M | 0.01% | 00.0% | Unchanged |
| Polar Asset Management Partners Inc. | 750,000 | $7.73M | 0.19% | −500,000−40.0% | Reduced |
| 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 |
| Picton Mahoney Asset Management | 950,000 | $9.79M | 0.14% | +750,000+375.0% | Added |
| LMR Partners LLP | 1,000,000 | $10.3M | 0.16% | 00.0% | Unchanged |
| Berkley W R Corp | 1,211,019 | $12.5M | 0.77% | +663,884+121.3% | Added |
| D. E. Shaw & Co., Inc. | 1,237,500 | $12.8M | 0.01% | 00.0% | Unchanged |
| Hudson Bay Capital Management LP | 1,500,000 | $15.5M | 0.10% | 00.0% | Unchanged |
| Westchester Capital Management, LLC | 1,765,000 | $18.2M | 1.07% | +250,000+16.5% | Added |
| CNH Partners LLC | 1,886,600 | $19.5M | 0.46% | −32,000−1.7% | Reduced |
| Vivaldi Asset Management, LLC | 2,265,000 | $23.4M | 1.58% | +1,000,000+79.1% | Added |
| Meteora Capital, LLC | 2,490,200 | $25.7M | 4.79% | +2,490,200 | New |
| 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 |