Merrion Investment Management Co, LLC

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 15, 2025), Merrion Investment Management Co, LLC reported 106 stock positions worth $174.3 million. Its top holding was Cameco (CCJ) at 9.6% of the portfolio, followed by Jefferies Financial (JEF, 7.8%) and Nvidia (NVDA, 7.0%). Compared with Q2 2025, it opened 5 new positions, sold out of 2, added to 16 and reduced 13. The biggest buy was First Citizens Bcshs Class A (FCNCA, shares +271%) and the biggest sale Procter & Gamble (PG, shares −52%).

Most Recent 13F
Q2 2026
Location
Cranford, NJ
CIK
0001383782
Portfolio Value
$174.3M (Q3 2025)
SEC Filing
0001172661-25-004289 ↗ filed Oct 15, 2025

Holdings Value

0$50.0M$100.0M$150.0M$200.0M$250.0M Q1 2024: $139.9M Q1 2024 Q2 2024: $145.5M Q2 2024 Q3 2024: $151.6M Q3 2024 Q4 2024: $143.7M Q4 2024 Q1 2025: $139.3M Q1 2025 Q2 2025: $154.2M Q2 2025 Q3 2025: $174.3M $174.3M Q3 2025 Q4 2025: $185.7M Q4 2025 Q1 2026: $186.1M Q1 2026 Q2 2026: $211.3M Q2 2026

Holdings 106 stocks · $174.3M
CCJ Cameco Corp. 9.65% 200,500 $16.8M No change
JEF Jefferies Financial Group Inc. 7.76% 206,702 $13.5M Reduce -0.3%
NVDA Nvidia Corp. 7.05% 65,845 $12.3M Add +0.0%
GOOG Alphabet Inc. Class C 6.28% 44,947 $10.9M Reduce -20.4%
AAPL Apple Inc. 5.52% 37,797 $9.6M No change
BRK.B Berkshire Hathaway Inc. Class B 2.95% 10,237 $5.1M Add +1.0%
VRT Vertiv Holdings Co. Class A 2.60% 30,000 $4.5M No change
GS Goldman Sachs Group Inc. 2.55% 5,589 $4.5M Add +1.8%
GLW Corning Inc. 2.38% 50,500 $4.1M No change
MGM MGM Resorts International 2.27% 114,390 $4.0M No change
MSFT Microsoft Corp. 2.04% 6,861 $3.6M No change
GEV GE Vernova Inc. 1.97% 5,587 $3.4M Add +0.0%
SPY SS SPDR S&P 500 ETF Trust-US 1.76% 4,607 $3.1M Reduce -0.0%
MPC Marathon Petroleum Corp. 1.73% 15,619 $3.0M No change
NMM Navios Maritime Partners LP 1.69% 65,250 $2.9M Add +0.4%
NVEC Nve Corp. 1.62% 43,200 $2.8M No change
HAL Halliburton Co. 1.59% 112,600 $2.8M Reduce -6.2%
TFPM Triple Flag Precious Met 1.51% 90,240 $2.6M Add +0.0%
CNQ Canadian Natural Resources 1.44% 78,800 $2.5M No change
CEG Constellation Energy 1.42% 7,525 $2.5M No change
AIG American International Group 1.28% 28,400 $2.2M No change
VTS Vitesse Energy Inc. 1.16% 87,336 $2.0M Reduce -0.3%
MU Micron Technology Inc. 1.08% 11,260 $1.9M Reduce -0.1%
JNJ Johnson & Johnson 1.03% 9,664 $1.8M No change
ABBV Abbvie Inc. 0.93% 7,000 $1.6M No change
GSAT Globalstar Inc. 0.91% 43,681 $1.6M No change
FCNCA First Citizens Bcshs Class A 0.90% 876 $1.6M Add +271.2%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.89% 5,000 $1.5M No change
NFLX Netflix Inc. 0.80% 1,160 $1.4M Add +9.4%
COST Costco Wholesale Corp. 0.80% 1,500 $1.4M Add +7.1%
BWXT BWX Technologies Inc. 0.78% 7,330 $1.4M No change
AMZN Amazon.com Inc. 0.76% 6,000 $1.3M Reduce -0.1%
XOM Exxon Mobil Corp. 0.75% 11,597 $1.3M Reduce -7.8%
JPM JPMorgan Chase & Co. 0.75% 4,144 $1.3M No change
QQQ Invesco QQQ Trust Series 1 0.74% 2,136 $1.3M No change
GE General Electric filed as GE AEROSPACE 0.72% 4,200 $1.3M No change
UTG Reaves Utility Income Fund 0.57% 25,000 $991K No change
BKR Baker Hughes Co. 0.53% 19,000 $926K No change
APO Apollo Global Management Inc. 0.52% 6,850 $913K No change
NE Noble Corp. PLC 0.49% 30,000 $848K No change
LLY Eli Lilly & Co. 0.48% 1,100 $839K Reduce -15.4%
META Meta Platforms Inc. Class A 0.46% 1,100 $808K No change
WMB Williams Cos Inc. 0.46% 12,750 $808K No change
CB Chubb Ltd. 0.45% 2,771 $782K No change
OLN Olin Corp. 0.44% 31,005 $775K Add +175.1%
QCOM Qualcomm Inc. 0.44% 4,610 $767K No change
PEG Public Service Enterprise GP 0.44% 9,150 $764K No change
HD Home Depot Inc. 0.44% 1,875 $760K No change
HON Honeywell International Inc. 0.41% 3,404 $717K No change
EPD Enterprise Products Partners 0.41% 22,714 $710K No change
DG Dollar General Corp. 0.40% 6,815 $704K New
CVX Chevron Corp. 0.39% 4,361 $677K No change
MLM Martin Marietta Materials 0.36% 1,000 $630K No change
PSX Phillips 66 0.35% 4,500 $612K No change
ORLA Orla Mining Ltd. filed as ORLA MNG LTD NEW 0.34% 55,400 $598K Add +56.5%
LNG Cheniere Energy Inc. 0.34% 2,500 $587K No change
TECK Teck Resources Ltd.-CLS B 0.33% 13,154 $577K Reduce -0.1%
MPLX MPLX LP 0.33% 11,525 $576K No change
CAT Caterpillar Inc. 0.33% 1,200 $573K Add +20.0%
TSLX Sixth Street Specialty Lendi 0.33% 25,000 $572K No change
SPG Simon Property Group Inc. 0.32% 3,000 $563K No change
GLD SPDR Gold Shares 0.31% 1,500 $533K Add +50.0%
WMT Walmart Inc. 0.30% 5,000 $515K No change
TSLA Tesla Inc. 0.29% 1,155 $514K No change
ICE Intercontinental Exchange Inc. 0.29% 3,037 $512K No change
AMGN Amgen Inc. 0.29% 1,768 $499K Reduce -28.4%
ENVX Enovix Corp. 0.29% 49,900 $498K Add +31.7%
VTV Vanguard Mrngstr Val ETF-Aui 0.28% 2,650 $497K Add +8.2%
VRTX Vertex Pharmaceuticals Inc. 0.28% 1,250 $490K No change
LIN Linde PLC 0.28% 1,017 $483K No change
AXP American Express Co. 0.27% 1,416 $470K No change
WM Waste Management Inc. 0.27% 2,100 $464K No change
RSP Invesco S&P 500 Equal Weight 0.26% 2,425 $460K No change
PNC PNC Financial Services Group 0.26% 2,225 $447K No change
XYL Xylem Inc. 0.25% 3,000 $443K No change
SAP Sap SE-Sponsored ADR 0.25% 1,620 $433K No change
MERC Mercer International Inc. 0.25% 150,000 $432K No change
MA Mastercard Inc. Class A 0.24% 750 $427K No change
ITA iShares U.S. Aerospace & Def 0.24% 2,000 $419K Add +33.3%
PLTR Palantir Technologies Inc. Class A 0.24% 2,250 $410K No change
MRSH Marsh & McLennan Cos 0.23% 2,031 $409K No change
PANW Palo Alto Networks Inc. 0.23% 2,000 $407K No change
SOXX iShares Semiconductor ETF 0.23% 1,500 $407K No change
NEE Nextera Energy Inc. 0.21% 4,935 $373K No change
BX Blackstone Inc. 0.20% 2,000 $342K No change
V Visa Inc. Class A 0.20% 1,000 $341K No change
OKE Oneok Inc. 0.19% 4,500 $328K No change
LYB Lyondellbasell Indu Class A 0.19% 6,600 $324K No change
PG The Procter & Gamble Co. 0.18% 2,081 $320K Reduce -52.3%
MS Morgan Stanley 0.18% 2,000 $318K No change
PFF iShares Preferred & Income S 0.18% 10,000 $316K No change
AVAV Aerovironment Inc. 0.18% 1,000 $315K New
TSCO Tractor Supply Company 0.16% 5,000 $284K No change
NVS Novartis AG-Sponsored ADR 0.16% 2,200 $282K Reduce -7.2%
MSGS Madison Square Garden Sports 0.16% 1,225 $278K No change
UBER Uber Technologies Inc. 0.16% 2,780 $272K No change
NRG NRG Energy Inc. 0.15% 1,635 $265K No change
WCN Waste Connections Inc. 0.15% 1,500 $264K No change
LHX L3HARRIS Technologies Inc. 0.15% 858 $262K No change
HLT Hilton Worldwide Holdings Inc. 0.15% 1,000 $259K No change
IVV iShares Core S&P 500 ETF 0.15% 382 $256K No change
SLV iShares Silver Trust 0.15% 6,000 $254K New
PWR Quanta Services Inc. 0.14% 600 $249K New
AB Alliancebernstein Holding LP 0.14% 6,500 $248K No change
MYRG MYR Group Inc./Delaware 0.12% 1,000 $208K New
OWL Blue Owl Capital Inc. 0.10% 10,000 $169K No change

Portfolio Sells Q2 2025 → Q3 2025
PG The Procter & Gamble Co. Reduce -52.3% 0.18% −0.27
GOOG Alphabet Inc. Class C Reduce -20.4% 6.28% −0.22
LLY Eli Lilly & Co. Reduce -15.4% 0.48% −0.18
SPLV Invesco S&P 500 Low Volatili Sold out 0.00% −0.17
AMGN Amgen Inc. Reduce -28.4% 0.29% −0.16
NOW ServiceNow Inc. Sold out 0.00% −0.13
XOM Exxon Mobil Corp. Reduce -7.8% 0.75% −0.13
AMZN Amazon.com Inc. Reduce -0.1% 0.76% −0.10
VTS Vitesse Energy Inc. Reduce -0.3% 1.16% −0.09
SPY SS SPDR S&P 500 ETF Trust-US Reduce -0.0% 1.76% −0.09
NVS Novartis AG-Sponsored ADR Reduce -7.2% 0.16% −0.02
TECK Teck Resources Ltd.-CLS B Reduce -0.1% 0.33% −0.01
HAL Halliburton Co. Reduce -6.2% 1.59% +0.00
MU Micron Technology Inc. Reduce -0.1% 1.08% +0.18
JEF Jefferies Financial Group Inc. Reduce -0.3% 7.76% +0.40

Portfolio Buys Q2 2025 → Q3 2025
FCNCA First Citizens Bcshs Class A Add +271.2% 0.90% +0.60
DG Dollar General Corp. New 0.40% +0.40
NVDA Nvidia Corp. Add +0.0% 7.05% +0.30
OLN Olin Corp. Add +175.1% 0.44% +0.30
AVAV Aerovironment Inc. New 0.18% +0.18
SLV iShares Silver Trust New 0.15% +0.15
PWR Quanta Services Inc. New 0.14% +0.14
TFPM Triple Flag Precious Met Add +0.0% 1.51% +0.13
MYRG MYR Group Inc./Delaware New 0.12% +0.12
ORLA Orla Mining Ltd. Add +56.5% 0.34% +0.11
GLD SPDR Gold Shares Add +50.0% 0.31% +0.11
NMM Navios Maritime Partners LP Add +0.4% 1.69% +0.10
CAT Caterpillar Inc. Add +20.0% 0.33% +0.08
ITA iShares U.S. Aerospace & Def Add +33.3% 0.24% +0.06
GEV GE Vernova Inc. Add +0.0% 1.97% +0.05
GS Goldman Sachs Group Inc. Add +1.8% 2.55% +0.03
ENVX Enovix Corp. Add +31.7% 0.29% +0.03
VTV Vanguard Mrngstr Val ETF-Aui Add +8.2% 0.28% +0.00
COST Costco Wholesale Corp. Add +7.1% 0.80% −0.10
NFLX Netflix Inc. Add +9.4% 0.80% −0.12
BRK.B Berkshire Hathaway Inc. Class B Add +1.0% 2.95% −0.24

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 106$211.3MGOOG, NVDA, AAPL, GLW, CCJ
Q1 2026 109$186.1MGOOG, NVDA, AAPL, CCJ, JEF
Q4 2025 113$185.7MGOOG, CCJ, JEF, NVDA, AAPL
Q3 2025 106$174.3MCCJ, JEF, NVDA, GOOG, AAPL
Q2 2025 103$154.2MCCJ, JEF, NVDA, GOOG, AAPL
Q1 2025 98$139.3MJEF, AAPL, GOOG, CCJ, NVDA
Q4 2024 101$143.7MJEF, CCJ, AAPL, GOOG, BRK.B
Q3 2024 103$151.6MJEF, AAPL, CCJ, GOOG, WMB
Q2 2024 97$145.5MGOOG, CCJ, AAPL, JEF, WMB
Q1 2024 99$139.9MCCJ, GOOG, JEF, AAPL, WMB