MRLNNasdaqServices-Computer Integrated Systems DesignFiscal year ends December 31
Merlin, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 14, 2026
$1.07−0.02 (-2.28%)
Close on Oct 19, 2026
- Market cap
- $97.70M
- P/E (TTM)
- –
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
15.5%
16M of 101M shares
Institutional holders
62
44 new, 10 sold out
Net institutional buying
12M
In Q2 2026
Insider trades, 12 months
12 buys · 18 sales
Net sold $5.93K
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Douglas Philippone | 9,592,606 | 9.60% | 13G (passive) amendment | Jun 30, 2026 |
| Michel Combes | 8,800,833 | 10.40% | 13G (passive) | Mar 16, 2026 |
| Alyeska Investment Group, L.P. | 8,342,026 | 9.90% | 13G (passive) | Mar 31, 2026 |
| Bleichroeder Sponsor 1 LLC | 8,333,333 | 8.20% | 13G (passive) amendment | Jun 30, 2026 |
| Continental General Insurance Co | 2,200,000 | 8.60% | 13G (passive) | Nov 1, 2024 |
| Ayrton Capital LLC | 2,029,440 | 7.39% | 13G (passive) | Mar 31, 2026 |
| Highbridge Capital Management, LLC | 2,011,897 | 7.90% | 13G (passive) | Dec 31, 2025 |
| AQR Capital Management, LLC | 1,918,600 | 7.55% | 13G (passive) | Dec 31, 2024 |
| Ramya Rao | 1,872,109 | 7.36% | 13G (passive) | Dec 31, 2024 |
| Barclays PLC | 1,755,135 | 6.90% | 13G (passive) | Dec 31, 2025 |
| Matthew George | 14,890,622 | 17.70% | 13D (active) | Mar 16, 2026 |
| Quiet Capital Management, LLC | 13,839,884 | 16.24% | 13G (passive) | Mar 16, 2026 |
| Inflection Point Asset Management LLC | 10,473,478 | 9.90% | 13G (passive) | Sep 16, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of MRLN | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Alyeska Investment Group, L.P. | 7,402,996 | 7.32% | $42.12M | New | 0.11% |
| Baillie Gifford & Co | 2,016,289 | 1.99% | $11.47M | – | 0.01% |
| UBS Group AG | 1,034,899 | 1.02% | $5.89M | +761,813 | 0.00% |
| BlackRock, Inc. | 711,898 | 0.70% | $4.05M | New | 0.00% |
| XTX Topco Ltd | 431,905 | 0.43% | $2.46M | +402,197 | 0.03% |
| Geode Capital Management, LLC | 426,791 | 0.42% | $2.43M | +376,786 | 0.00% |
| Vanguard Capital Management LLC | 391,813 | 0.39% | $2.23M | New | 0.00% |
| Susquehanna International Group, Llp | 358,644 | 0.35% | $2.04M | New | 0.00% |
| Jane Street Group, LLC | 280,778 | 0.28% | $1.60M | +228,340 | 0.00% |
| Charles Schwab Investment Management Inc | 224,414 | 0.22% | $1.28M | New | 0.00% |
| Vanguard Fiduciary Trust Co | 184,720 | 0.18% | $1.05M | New | 0.00% |
| Marshall Wace, Llp | 176,099 | 0.17% | $1.00M | New | 0.00% |
| State Street Corp | 165,700 | 0.16% | $942.83K | New | 0.00% |
| LPL Financial LLC | 161,930 | 0.16% | $921.38K | New | 0.00% |
| Marex Group plc | 131,500 | 0.13% | $748.24K | New | 0.00% |
| Tudor Investment Corp Et Al | 100,000 | 0.10% | $569.00K | New | 0.00% |
| ExodusPoint Capital Management, LP | 85,567 | 0.08% | $486.88K | −258,280 | 0.00% |
| Wells Fargo & Company/Mn | 81,600 | 0.08% | $464.30K | New | 0.00% |
| HighTower Advisors, LLC | 80,754 | 0.08% | $459.49K | New | 0.00% |
| Advisory Services Network, LLC | 77,600 | 0.08% | $441.54K | New | 0.01% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 62 | 16M | 15.5% | 44 / 8 | 5 / 10 | 13M | 1M |
| Q1 2026 | 29 | 4M | 3.7% | 29 / 0 | 0 / 0 | 4M | 0M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of MRLN | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Extended Market Index Fund | 391,813 | 0.39% | $2.23M | 0.00% | Jun 30, 2026 |
| Fidelity Nasdaq Composite Index Fund | 50,005 | 0.05% | $402.54K | 0.00% | May 31, 2026 |
| Schwab Total Stock Market Index Fund | 32,287 | 0.03% | $121.72K | 0.00% | Jul 31, 2026 |
| Total Stock Market Index Trust | 1,360 | 0.00% | $7.74K | 0.00% | Jun 30, 2026 |
| iShares Morningstar Small-Cap ETF | 1,235 | 0.00% | $4.66K | 0.00% | Jul 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Matthew Spencer George | Chief Executive Officer, Director | 15,420,961 | 15.26% | Sep 18, 2026 |
| Leslie Renee Ravestein | CLO and Secretary | 197,935 | 0.20% | Sep 18, 2026 |
| Ryan Michael Carrithers | CFO & Treasurer | 255,343 | 0.25% | Sep 18, 2026 |
| Mark Rawlins Brunner | Chief Revenue Officer | 225,904 | 0.22% | May 22, 2026 |
| Robert Folino | Chief Financial Officer | – | – | Jul 21, 2025 |
| Kevin George Shannon | Chief Operating Officer | – | – | Jul 21, 2025 |
| Marcello J. Padula | Chief Financial Officer | – | – | May 16, 2025 |
| Michael Blitzer | Director | 300,000 | 0.30% | Sep 18, 2026 |
| Carolyn Trabuco | Director | 37,500 | 0.04% | May 22, 2026 |
| Michael Montelongo | Director | 37,500 | 0.04% | May 22, 2026 |
| Robert Hanson Smith | Director | 37,500 | 0.04% | May 22, 2026 |
| Kenneth John Braithwaite | Director | 37,500 | 0.04% | May 22, 2026 |
| Kelyn Brannon | Director | 37,500 | 0.04% | May 22, 2026 |
| Antoine Theysset | Director | – | – | Oct 31, 2024 |
| Katherine J. Savitt | Director | – | – | Oct 31, 2024 |
| Joseph Aron Samuels | Director | – | – | Oct 31, 2024 |
| Nazim Cetin | Director | – | – | Oct 31, 2024 |
| Pierre Weinstein | Director | – | – | Oct 31, 2024 |
| FR Capital Holdings, L.P. | 10% owner | 0 | – | Sep 18, 2026 |
| Quiet Capital Management, LLC | 10% owner | 12,896,007 | 12.76% | May 8, 2026 |
| Sponsor 1 LLC Bleichroeder | 10% owner | 8,758,333 | 8.67% | Mar 18, 2026 |
| Andrew Gundlach | 10% owner | – | – | Mar 18, 2026 |
| Michel Combes | 10% owner | 8,800,833 | 8.71% | Mar 18, 2026 |
| Sachs & Co. Llc Goldman | 10% owner | – | – | Feb 26, 2026 |
| Sachs Group Inc Goldman | 10% owner | 3,251,388 | 3.22% | Feb 26, 2026 |
| Sachs & Co. Llc Goldman | 10% owner | – | – | Feb 3, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Matthew Spencer George Chief Executive Officer, Director | Sep 16, 2026 | Tax withholding | −1,468 | $2.21 | $3.24K | 15,420,961 |
| Michael Blitzer Director | Sep 16, 2026 | Other | +262,500 | – | – | 300,000 |
| Ryan Michael Carrithers CFO & Treasurer | Sep 16, 2026 | Tax withholding | −1,073 | $2.21 | $2.37K | 255,343 |
| FR Capital Holdings, L.P. 10% owner | Sep 16, 2026 | Other | −6,651,292 | – | – | 0 |
| FR Capital Holdings, L.P. 10% owner | Sep 16, 2026 | Other | −5,097,669 | – | – | 0 |
| Leslie Renee Ravestein CLO and Secretary | Sep 16, 2026 | Tax withholding | −1,101 | $2.21 | $2.43K | 197,935 |
| Matthew Spencer George Chief Executive Officer, Director | May 20, 2026 | Award | +531,807 | – | – | 15,422,429 |
| Carolyn Trabuco Director | May 20, 2026 | Award | +37,500 | – | – | 37,500 |
| Kenneth John Braithwaite Director | May 20, 2026 | Award | +37,500 | – | – | 37,500 |
| Michael Blitzer Director | May 20, 2026 | Award | +37,500 | – | – | 37,500 |
| Kelyn Brannon Director | May 20, 2026 | Award | +37,500 | – | – | 37,500 |
| Ryan Michael Carrithers CFO & Treasurer | May 20, 2026 | Award | +256,416 | – | – | 256,416 |
| Robert Hanson Smith Director | May 20, 2026 | Award | +37,500 | – | – | 37,500 |
| Leslie Renee Ravestein CLO and Secretary | May 20, 2026 | Award | +199,036 | – | – | 199,036 |
| Mark Rawlins Brunner Chief Revenue Officer | May 20, 2026 | Award | +225,904 | – | – | 225,904 |
| Michael Montelongo Director | May 20, 2026 | Award | +37,500 | – | – | 37,500 |
| Michel Combes 10% owner | Mar 16, 2026 | Option exercise | +42,500 | – | – | 8,800,833 |
| Matthew Spencer George Chief Executive Officer, Director | Mar 16, 2026 | Award | +14,890,622 | – | – | 14,890,622 |
| Michel Combes 10% owner | Mar 13, 2026 | Option exercise | +8,333,333 | – | – | 8,758,333 |
| Sachs Group Inc Goldman 10% owner | Dec 9, 2025 | Sale | −3 | $10.95 | $33 | 3,251,388 |
| Sachs Group Inc Goldman 10% owner | Dec 9, 2025 | Buy | +3 | $10.95 | $33 | 3,251,391 |
| Sachs Group Inc Goldman 10% owner | Dec 9, 2025 | Buy | +2 | $10.98 | $22 | 3,251,388 |
| Sachs Group Inc Goldman 10% owner | Dec 8, 2025 | Sale | −3 | $10.98 | $33 | 3,252,301 |
| Sachs Group Inc Goldman 10% owner | Dec 8, 2025 | Sale | −250 | $11.00 | $2.75K | 3,252,304 |
| Sachs Group Inc Goldman 10% owner | Dec 8, 2025 | Sale | −63 | $11.00 | $693 | 3,252,554 |
| Sachs Group Inc Goldman 10% owner | Dec 8, 2025 | Buy | +63 | $10.98 | $692 | 3,252,617 |
| Sachs Group Inc Goldman 10% owner | Dec 8, 2025 | Buy | +63 | $10.98 | $692 | 3,252,554 |
| Sachs Group Inc Goldman 10% owner | Dec 8, 2025 | Buy | +3 | $10.98 | $33 | 3,252,491 |
| Sachs Group Inc Goldman 10% owner | Dec 8, 2025 | Buy | +250 | $11.00 | $2.75K | 3,252,488 |
| Sachs Group Inc Goldman 10% owner | Dec 8, 2025 | Sale | −63 | $10.98 | $692 | 3,252,238 |
| Sachs Group Inc Goldman 10% owner | Dec 5, 2025 | Sale | −500 | $10.71 | $5.36K | 3,285,714 |
| Sachs Group Inc Goldman 10% owner | Dec 5, 2025 | Sale | −630 | $10.79 | $6.80K | 3,286,214 |
| Sachs Group Inc Goldman 10% owner | Dec 5, 2025 | Sale | −3,300 | $10.82 | $35.71K | 3,286,844 |
| Sachs Group Inc Goldman 10% owner | Dec 5, 2025 | Sale | −14 | $11.00 | $154 | 3,290,144 |
| Sachs Group Inc Goldman 10% owner | Dec 5, 2025 | Buy | +500 | $10.71 | $5.36K | 3,290,158 |
| Sachs Group Inc Goldman 10% owner | Dec 5, 2025 | Buy | +451 | $10.79 | $4.87K | 3,289,658 |
| Sachs Group Inc Goldman 10% owner | Dec 5, 2025 | Buy | +1,500 | $10.80 | $16.20K | 3,289,207 |
| Sachs Group Inc Goldman 10% owner | Dec 5, 2025 | Buy | +1,465 | $10.80 | $15.82K | 3,287,707 |
| Sachs Group Inc Goldman 10% owner | Dec 5, 2025 | Buy | +14 | $11.00 | $154 | 3,286,242 |
| Sachs Group Inc Goldman 10% owner | Dec 5, 2025 | Buy | +14 | $11.00 | $154 | 3,286,228 |
| Sachs Group Inc Goldman 10% owner | Nov 28, 2025 | Sale | −4 | $10.73 | $43 | 2,833,401 |
| Sachs Group Inc Goldman 10% owner | Nov 28, 2025 | Sale | −13 | $10.73 | $139 | 2,833,405 |
| Sachs Group Inc Goldman 10% owner | Nov 28, 2025 | Sale | −2 | $10.73 | $21 | 2,833,399 |
| Sachs Group Inc Goldman 10% owner | Nov 28, 2025 | Sale | −16 | $10.73 | $172 | 2,833,383 |
| Sachs Group Inc Goldman 10% owner | Nov 28, 2025 | Sale | −1 | $10.74 | $11 | 2,833,418 |
| Sachs Group Inc Goldman 10% owner | Nov 28, 2025 | Sale | −1 | $10.74 | $11 | 2,833,419 |
| Sachs Group Inc Goldman 10% owner | Nov 28, 2025 | Sale | −2 | $10.70 | $21 | 2,833,374 |
| Sachs Group Inc Goldman 10% owner | Nov 28, 2025 | Sale | −4 | $10.72 | $43 | 2,833,376 |
| Sachs Group Inc Goldman 10% owner | Nov 28, 2025 | Sale | −3 | $10.72 | $32 | 2,833,380 |
| Sponsor 1 LLC Bleichroeder 10% owner | Nov 4, 2024 | Buy | +425,000 | $10.00 | $4.25M | 425,000 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.