Merrion Investment Management Co, LLC

Fundamental diversified ★Signal CIK 1383782
League rank
#509
in Fundamental diversified · #3234 overall
Long book
$186.1M
Q1 2026
Positions
109
Top-10 weight
43%
concentration
Last quarter
+12.2%
SPY +14.8%
Turnover
7%
of book per quarter

Strategy in plain words

auto-generated from filings

Merrion Investment Management Co, LLC is a diversified fundamental manager, running a $186.1M US long book across 109 positions.

The portfolio is moderately concentrated (top 10 ≈ 43% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: ALPHABET INC-CL C, NVIDIA CORP, APPLE INC, CAMECO CORP, JEFFERIES FINANCIAL GROUP IN.

Over the last 9 quarters its long book ran on average 1.6pp per quarter ahead of the S&P 500, beating the index in 6 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+4.9%
Q2 2024
+4.4%
Q3 2024
+5.2%
Q4 2024
-8.8%
Q1 2025
+14.5%
Q2 2025
+13.3%
Q3 2025
+5.7%
Q4 2025
+3.6%
Q1 2026
+12.2%

Sector allocation

Technology
29%
Financials
18%
Industrials
14%
Energy
11%
Materials
6%
Communications
6%
Utilities
5%
Services media
4%

Long book by quarter

$139.9M
Q1 2024
$145.5M
Q2 2024
$151.6M
Q3 2024
$143.7M
Q4 2024
$139.3M
Q1 2025
$154.2M
Q2 2025
$174.3M
Q3 2025
$185.7M
Q4 2025
$186.1M
Q1 2026

What does Merrion Investment own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
GOOG ALPHABET INC-CL CTechnology44.2K$12.7M6.8%Held
NVDA NVIDIA CORPTechnology64.9K$11.3M6.1%Held
AAPL APPLE INCTechnology37.8K$9.6M5.2%Held
CCJ CAMECO CORPMaterials81.1K$8.8M4.7%-44.9%
JEF JEFFERIES FINANCIAL GROUP INFinancials198.7K$8.2M4.4%-0.5%
ECHO ECHOSTAR CORP-ACommunications66.7K$7.8M4.2%+34.5%
NMM NAVIOS MARITIME PARTNERS LPIndustrials87.5K$5.9M3.2%+14.6%
VRT VERTIV HOLDINGS CO-ATechnology22.5K$5.6M3.0%Held
GLW CORNING INCIndustrials41.4K$5.6M3.0%-0.4%
GS GOLDMAN SACHS GROUP INCFinancials5.8K$4.9M2.6%+4.5%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials10.2K$4.9M2.6%Held
GEV GE VERNOVA INCIndustrials5.5K$4.8M2.6%-0.7%
HAL HALLIBURTON COEnergy110.9K$4.3M2.3%Held
MGM MGM RESORTS INTERNATIONALServices media109.3K$4.0M2.2%Held
CNQ CANADIAN NATURAL RESOURCESEnergy78.8K$3.8M2.1%Held
MPC MARATHON PETROLEUM CORPEnergy15.6K$3.8M2.0%Held
TFPM TRIPLE FLAG PRECIOUS METFinancials90.2K$3.1M1.7%Held
GSAT GLOBALSTAR INCCommunications43.7K$2.9M1.6%Held
NVEC NVE CORPTechnology42.7K$2.8M1.5%Held
ORCL ORACLE CORPTechnology16.4K$2.4M1.3%Held
MSFT MICROSOFT CORPTechnology6.2K$2.3M1.2%-9.2%
JNJ JOHNSON & JOHNSONHealthcare8.9K$2.2M1.2%Held
MU MICRON TECHNOLOGY INCTechnology6.0K$2.0M1.1%-4.0%
CEG CONSTELLATION ENERGYUtilities6.9K$1.9M1.0%Held
AIG AMERICAN INTERNATIONAL GROUPFinancials25.4K$1.9M1.0%-3.8%
XOM EXXON MOBIL CORPEnergy10.4K$1.8M1.0%Held
FCNCA FIRST CITIZENS BCSHS -CL AFinancials876$1.7M0.9%Held
VTS VITESSE ENERGY INCEnergy88.0K$1.6M0.9%+1.1%
ABBV ABBVIE INCHealthcare7.0K$1.5M0.8%Held
BWXT BWX TECHNOLOGIES INCIndustrials7.3K$1.5M0.8%Held
NE NOBLE CORP PLCEnergy30.0K$1.5M0.8%Held
DG DOLLAR GENERAL CORPConsumer discretionary11.8K$1.4M0.8%Held
AMZN AMAZON.COM INCConsumer discretionary6.0K$1.2M0.7%-0.3%
GE GENERAL ELECTRICIndustrials4.2K$1.2M0.6%-0.6%
BKR BAKER HUGHES COIndustrials19.0K$1.2M0.6%Held
JPM JPMORGAN CHASE & COFinancials3.9K$1.1M0.6%Held
ET ENERGY TRANSFER LPUtilities58.0K$1.1M0.6%Held
COST COSTCO WHOLESALE CORPConsumer discretionary1.1K$1.1M0.6%-26.7%
AJG ARTHUR J GALLAGHER & COFinancials5.0K$1.1M0.6%Held
OLN OLIN CORPMaterials36.2K$1.1M0.6%+18.7%
NFLX NETFLIX INCServices media10.6K$1.0M0.5%-8.6%
LLY ELI LILLY & COHealthcare1.1K$1.0M0.5%Held
WMB WILLIAMS COS INCUtilities12.7K$924K0.5%Held
CAT CATERPILLAR INCIndustrials1.3K$921K0.5%Held
CB CHUBB LTDFinancials2.8K$903K0.5%Held
CVX CHEVRON CORPEnergy4.4K$902K0.5%Held
ELV ELEVANCE HEALTH INCFinancials3.0K$871K0.5%Held
EPD ENTERPRISE PRODUCTS PARTNERSUtilities22.7K$859K0.5%Held
TDW TIDEWATER INCIndustrials9.9K$828K0.4%New
HON HONEYWELL INTERNATIONAL INCIndustrials3.4K$769K0.4%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 23, 2026109$186.1M canonicalSEC ↗
Q4 202513F-HRFeb 17, 2026113$185.7M canonicalSEC ↗
Q3 202513F-HROct 15, 2025106$174.3M canonicalSEC ↗
Q2 202513F-HRAug 7, 2025103$154.2M canonicalSEC ↗
Q1 202513F-HRApr 21, 202598$139.3M canonicalSEC ↗
Q4 202413F-HRJan 23, 2025101$143.7M canonicalSEC ↗
Q3 202413F-HROct 9, 2024103$151.6M canonicalSEC ↗
Q2 202413F-HRJul 18, 202497$145.5M canonicalSEC ↗
Q1 202413F-HRApr 17, 202499$139.9M canonicalSEC ↗