Skip to main content

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.

Q4 2025 vs. Q3 2025

How the institutions holding Merlin, Inc. changed between Q3 2025 and Q4 2025.

All holders in Q4 2025All holders in Q3 2025

13F holders of MRLN: Q3 2025 compared with Q4 2025
MeasureQ3 2025Q4 2025Change
Holders4258+16
Shares23.5M18.3M−5.24M (−22.3%)
Value$244.3M$195.4M−$48.9M (−20.0%)

New holders (27)

Institutions that held Merlin, Inc. at the end of Q4 2025 but not at the end of Q3 2025.

Institutions new to MRLN in Q4 2025
InstitutionSharesValue% of portfolio
Highbridge Capital Management LLC2,011,897$21.6M1.00%
Harraden Circle Investments, LLC955,646$10.2M1.88%
Decagon Asset Management LLP816,410$8.75M3.68%
Mercuria Capital Strategies, LLC535,000$5.42M3.08%
Shay Capital LLC404,403$4.34M0.70%
FNY Investment Advisers, LLC383,975$4.12M1.18%
Lineage Point Capital LP376,205$4.03M1.53%
ExodusPoint Capital Management, LP300,000$3.22M0.04%
Raymond James Financial Inc134,458$1.44M0.00%
Wexford Capital LP100,000$1.07M0.28%
Cannon Global Investment Management, LLC88,500$948.7K2.51%
T3 Companies, LLC82,100$880.1K1.13%
SkyView Investment Advisors, LLC51,797$555.0K0.07%
Private Advisor Group, LLC50,291$539.1K0.00%
Diametric Capital, LP41,039$439.9K0.12%
Qube Research & Technologies Ltd27,657$296.5K0.00%
Geode Capital Management, LLC25,981$278.5K0.00%
Sage Advisors, LLC23,135$248.0K0.16%
PFG Investments, LLC15,000$160.8K0.01%
Jane Street Group, LLC13,122$140.7K0.00%
UBS Group AG12,243$131.2K0.00%
Griffin Asset Management, Inc.11,030$118.2K0.01%
Prelude Capital Management, LLC10,211$109.5K0.01%
Advisor Group Holdings, Inc.5,392$57.8K0.00%
Allworth Financial LP1,090$11.7K0.00%
Caitong International Asset Management Co., Ltd747$8.01K0.00%
ORG Partners LLC80$8570.00%

Sold out (11)

Institutions that held Merlin, Inc. at the end of Q3 2025 and filed for Q4 2025 without it.

Institutions that sold out of MRLN in Q4 2025
InstitutionShares, Q3 2025Value, Q3 2025
Polar Asset Management Partners Inc.750,000$7.80M
Two Sigma Investments, LP625,000$6.50M
Ghisallo Capital Management LLC500,000$5.20M
UBS Oconnor LLC450,000$4.68M
Wolverine Asset Management LLC341,697$3.55M
Commonwealth of Pennsylvania Public School Empls Retrmt Sys200,000$2.08M
Karpus Management, Inc.122,880$1.28M
Glazer Capital, LLC100,000$1.04M
Mizuho Securities USA LLC96,894$992.6K
Sandia Investment Management LP87,500$910.0K
Quarry LP87,500$910.0K