Meros Investment Management, LP
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Meros Investment Management, LP reported 48 stock positions worth $252.2 million. Its top holding was Ducommun (DCO) at 6.6% of the portfolio, followed by Magnite (MGNI, 5.3%) and Thermon (THR, 5.0%). Compared with Q3 2025, it opened 10 new positions, sold out of 5, added to 26 and reduced 12. The biggest buy was a new position in Build-A-Bear Workshop (BBW) and the biggest sale an exit from Plymouth Industrial REIT (PLYM).
- Most Recent 13F
- Q2 2026
- Location
- DALLAS, TX
- CIK
- 0001911372
- Portfolio Value
- $252.2M (Q4 2025)
- SEC Filing
- 0001911372-26-000001 ↗ filed Feb 17, 2026
Holdings Value
Holdings 48 stocks · $252.2M
| DCO Ducommun Inc. | 6.58% | 174,485 | $16.6M | Add +4.8% |
| MGNI Magnite Inc. | 5.31% | 825,595 | $13.4M | Add +34.5% |
| THR Thermon Group Holdings Inc. | 5.01% | 339,675 | $12.6M | Reduce -3.5% |
| NVRI Enviri Corp. | 4.57% | 643,649 | $11.5M | Add +1.0% |
| AMPL Amplitude Inc. Class A | 3.96% | 861,874 | $10.0M | Add +12.7% |
| WTTR Select Water Solutions Inc. | 3.92% | 939,857 | $9.9M | Add +4.4% |
| ARHS Arhaus Inc. | 3.65% | 821,734 | $9.2M | Add +71.1% |
| BBW Build-A-Bear Workshop Inc. | 3.57% | 146,956 | $9.0M | New |
| MDXG Mimedx Group Inc. | 3.56% | 1,326,037 | $9.0M | Add +4.4% |
| COHU Cohu Inc. | 3.28% | 355,744 | $8.3M | Add +8.1% |
| PHR Phreesia Inc. | 3.21% | 478,274 | $8.1M | Add +48.5% |
| SEI Solaris Energy Infrastructur | 3.00% | 164,324 | $7.6M | Reduce -43.7% |
| INDI Indie Semiconductor Inc. Class A | 2.96% | 2,112,972 | $7.5M | Add +5.9% |
| SHOE Shoe Station Group Inc. filed as SHOE CARNIVAL INC | 2.78% | 415,110 | $7.0M | New |
| MLAB Mesa Laboratories Inc. | 2.65% | 85,017 | $6.7M | Add +11.2% |
| KRUS Kura Sushi USA Inc. Class A | 2.62% | 126,256 | $6.6M | New |
| SLP Simulations Plus Inc. | 2.45% | 339,242 | $6.2M | New |
| PACK Ranpak Holdings Corp. | 2.40% | 1,116,398 | $6.0M | Add +4.2% |
| CYRX Cryoport Inc. | 2.38% | 626,427 | $6.0M | Add +13.9% |
| INMD Inmode Ltd. | 2.36% | 404,453 | $5.9M | Add +10.0% |
| AIV Apartment Invt & Mgmt Co. Class A | 2.35% | 995,681 | $5.9M | Add +4.3% |
| AZTA Azenta Inc. | 2.20% | 166,845 | $5.5M | Add +4.3% |
| BXC Bluelinx Holdings Inc. | 2.00% | 82,266 | $5.1M | Add +4.3% |
| WNC Wabash National Corp. | 1.93% | 563,619 | $4.9M | Reduce -12.7% |
| TILE Interface Inc. | 1.92% | 173,790 | $4.9M | Add +4.3% |
| KRMD Koru Medical Systems Inc. | 1.80% | 782,386 | $4.5M | Reduce -7.8% |
| INFU Infusystem Holdings Inc. | 1.77% | 497,989 | $4.5M | Add +4.3% |
| MBUU Malibu Boats Inc. Class A | 1.77% | 157,875 | $4.5M | Add +16.9% |
| WEAV Weave Communications Inc. | 1.72% | 571,883 | $4.3M | New |
| PLAB Photronics Inc. | 1.37% | 108,004 | $3.5M | Reduce -78.6% |
| HURC Hurco Companies Inc. | 1.33% | 217,688 | $3.4M | Reduce -8.0% |
| EMBC Embecta Corp. | 1.09% | 231,244 | $2.7M | Reduce -52.3% |
| BVS Bioventus Inc. Class A | 0.93% | 315,160 | $2.3M | New |
| WERN Werner Enterprises Inc. | 0.88% | 73,571 | $2.2M | New |
| JBI Janus International Group Inc. | 0.84% | 322,271 | $2.1M | Add +4.3% |
| MASS 908 Devices Inc. | 0.72% | 347,035 | $1.8M | Add +232.7% |
| AEBI Aebi Schmidt Holding AG | 0.71% | 141,322 | $1.8M | Add +57.0% |
| NTIC Northern Technologies Intl | 0.66% | 212,373 | $1.7M | Reduce -25.5% |
| ICHR Ichor Holdings Ltd. | 0.55% | 75,807 | $1.4M | Reduce -65.1% |
| RCMT RCM Technologies Inc. | 0.53% | 65,951 | $1.3M | Add +69.0% |
| OWLT Owlet Inc. | 0.52% | 80,405 | $1.3M | New |
| SNCY Sun Country Airlines Holding filed as SUN CTRY AIRLS HLDGS INC | 0.46% | 79,844 | $1.1M | New |
| TWIN Twin Disc Inc. | 0.36% | 54,607 | $911K | New |
| HBIO Harvard Bioscience Inc. | 0.32% | 1,217,628 | $814K | Add +32.6% |
| DAVE Dave Inc. | 0.32% | 3,667 | $812K | Reduce -45.8% |
| BLFS Biolife Solutions Inc. | 0.27% | 28,454 | $688K | Reduce -39.0% |
| SRTS Sensus Healthcare Inc. | 0.25% | 156,739 | $624K | Reduce -9.9% |
| VSXY Victoria's Secret & Co. | 0.21% | 9,579 | $519K | Add +4.2% |
Portfolio Sells Q3 2025 → Q4 2025
| PLYM Plymouth Industrial REIT Inc. | Sold out | 0.00% | −6.24 |
| PLAB Photronics Inc. | Reduce -78.6% | 1.37% | −3.58 |
| SEI Solaris Energy Infrastructur | Reduce -43.7% | 3.00% | −1.98 |
| EMBC Embecta Corp. | Reduce -52.3% | 1.09% | −1.83 |
| ICHR Ichor Holdings Ltd. | Reduce -65.1% | 0.55% | −1.07 |
| TEAD Teads Holding Co. | Sold out | 0.00% | −0.94 |
| WNC Wabash National Corp. | Reduce -12.7% | 1.93% | −0.79 |
| KRNT Kornit Digital Ltd. | Sold out | 0.00% | −0.49 |
| HURC Hurco Companies Inc. | Reduce -8.0% | 1.33% | −0.42 |
| ASLE Aersale Corp. | Sold out | 0.00% | −0.39 |
| CVEO Civeo Corp. | Sold out | 0.00% | −0.29 |
| NTIC Northern Technologies Intl | Reduce -25.5% | 0.66% | −0.28 |
| DAVE Dave Inc. | Reduce -45.8% | 0.32% | −0.25 |
| BLFS Biolife Solutions Inc. | Reduce -39.0% | 0.27% | −0.23 |
| SRTS Sensus Healthcare Inc. | Reduce -9.9% | 0.25% | +0.01 |
| KRMD Koru Medical Systems Inc. | Reduce -7.8% | 1.80% | +0.41 |
| THR Thermon Group Holdings Inc. | Reduce -3.5% | 5.01% | +0.99 |
Portfolio Buys Q3 2025 → Q4 2025
| BBW Build-A-Bear Workshop Inc. | New | 3.57% | +3.57 |
| SHOE Shoe Station Group Inc. | New | 2.78% | +2.78 |
| KRUS Kura Sushi USA Inc. Class A | New | 2.62% | +2.62 |
| SLP Simulations Plus Inc. | New | 2.45% | +2.45 |
| WEAV Weave Communications Inc. | New | 1.72% | +1.72 |
| ARHS Arhaus Inc. | Add +71.1% | 3.65% | +1.47 |
| NVRI Enviri Corp. | Add +1.0% | 4.57% | +1.12 |
| BVS Bioventus Inc. Class A | New | 0.93% | +0.93 |
| WERN Werner Enterprises Inc. | New | 0.88% | +0.88 |
| OWLT Owlet Inc. | New | 0.52% | +0.52 |
| MLAB Mesa Laboratories Inc. | Add +11.2% | 2.65% | +0.46 |
| AMPL Amplitude Inc. Class A | Add +12.7% | 3.96% | +0.46 |
| SNCY Sun Country Airlines Holding | New | 0.46% | +0.46 |
| COHU Cohu Inc. | Add +8.1% | 3.28% | +0.43 |
| TWIN Twin Disc Inc. | New | 0.36% | +0.36 |
| MASS 908 Devices Inc. | Add +232.7% | 0.72% | +0.33 |
| AZTA Azenta Inc. | Add +4.3% | 2.20% | +0.24 |
| AEBI Aebi Schmidt Holding AG | Add +57.0% | 0.71% | +0.23 |
| CYRX Cryoport Inc. | Add +13.9% | 2.38% | +0.16 |
| HBIO Harvard Bioscience Inc. | Add +32.6% | 0.32% | +0.15 |
| VSXY Victoria's Secret & Co. | Add +4.2% | 0.21% | +0.10 |
| RCMT RCM Technologies Inc. | Add +69.0% | 0.53% | +0.09 |
| INMD Inmode Ltd. | Add +10.0% | 2.36% | +0.02 |
| PHR Phreesia Inc. | Add +48.5% | 3.21% | −0.03 |
| MBUU Malibu Boats Inc. Class A | Add +16.9% | 1.77% | −0.11 |
| TILE Interface Inc. | Add +4.3% | 1.92% | −0.13 |
| PACK Ranpak Holdings Corp. | Add +4.2% | 2.40% | −0.18 |
| WTTR Select Water Solutions Inc. | Add +4.4% | 3.92% | −0.19 |
| MDXG Mimedx Group Inc. | Add +4.4% | 3.56% | −0.23 |
| DCO Ducommun Inc. | Add +4.8% | 6.58% | −0.25 |
| INFU Infusystem Holdings Inc. | Add +4.3% | 1.77% | −0.34 |
| MGNI Magnite Inc. | Add +34.5% | 5.31% | −0.39 |
| BXC Bluelinx Holdings Inc. | Add +4.3% | 2.00% | −0.46 |
| JBI Janus International Group Inc. | Add +4.3% | 0.84% | −0.47 |
| INDI Indie Semiconductor Inc. Class A | Add +5.9% | 2.96% | −0.51 |
| AIV Apartment Invt & Mgmt Co. Class A | Add +4.3% | 2.35% | −0.89 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 50 | $315.2M | DCO, MGNI, WTTR, ARHS, COHU |
| Q1 2026 | 52 | $230.7M | DCO, WTTR, NVRI, THR, MGNI |
| Q4 2025 | 48 | $252.2M | DCO, MGNI, THR, NVRI, AMPL |
| Q3 2025 | 43 | $234.2M | DCO, PLYM, MGNI, SEI, PLAB |
| Q2 2025 | 41 | $210.7M | MGNI, DCO, PLYM, PLAB, TILE |
| Q1 2025 | 41 | $170.3M | DCO, PLAB, PLYM, MGNI, WTTR |
| Q4 2024 | 40 | $223.3M | MGNI, DCO, PLAB, SEI, TILE |
| Q3 2024 | 40 | $221.0M | MGNI, DCO, TILE, PLAB, CMCO |
| Q2 2024 | 39 | $211.5M | MGNI, DCO, PLAB, TILE, WNC |
| Q1 2024 | 40 | $223.7M | PLAB, TILE, MGNI, DCO, WNC |