Meridian Holdings Inc (MRDN) — 13F Holders Deep Dive (Q2 2026)

MRDN ranks #6742 out of 37696 tracked stocks by institutional interest, inside the more closely watched half of our coverage.

MRDN is a disclosed holding of Cliff Asness (AQR Capital Management), one of the tracked superinvestors on AlphaSMO — it makes up 0.0% of that fund's own 13F portfolio.

40 institutions disclose a position in MRDN, but none treat it as a major bet — even Topline Capital Management, LLC, its most concentrated holder, allocates just 0.7% of its own portfolio to it.

MRDN is down 4.1% today, but institutions show net buying of $3.9M this quarter — a divergence between today's price move and the underlying institutional flow.

MRDN reported a net loss of $89.6M over the trailing twelve months.

• Not yet profitable — net loss of $89.6M over the trailing twelve months
• Revenue grew 12.6% year over year
• Net income declined year over year, from -$5.7M to -$89.6M
• Generated $25.4M in positive operating cash flow
• Current ratio of 0.59x — below the conventional 1.5x liquidity buffer
• Liabilities run 553493.44x equity — a highly leveraged balance sheet worth noting