Merrion Investment Management Co, LLC

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Merrion Investment Management Co, LLC reported 113 stock positions worth $185.7 million. Its top holding was Alphabet Class C (GOOG) at 7.5% of the portfolio, followed by Cameco (CCJ, 7.3%) and Jefferies Financial (JEF, 6.7%). Compared with Q3 2025, it opened 8 new positions, sold out of 1, added to 6 and reduced 29. The biggest buy was a new position in Echostar Class A (ECHO) and the biggest sale Cameco (CCJ, shares −27%).

Most Recent 13F
Q2 2026
Location
Cranford, NJ
CIK
0001383782
Portfolio Value
$185.7M (Q4 2025)
SEC Filing
0001172661-26-000889 ↗ filed Feb 17, 2026

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 Q3 2025 Q4 2025: $185.7M $185.7M Q4 2025 Q1 2026: $186.1M Q1 2026 Q2 2026: $211.3M Q2 2026

Holdings 113 stocks · $185.7M
GOOG Alphabet Inc. Class C 7.47% 44,172 $13.9M Reduce -1.7%
CCJ Cameco Corp. 7.26% 147,300 $13.5M Reduce -26.5%
JEF Jefferies Financial Group Inc. 6.67% 199,695 $12.4M Reduce -3.4%
NVDA Nvidia Corp. 6.52% 64,925 $12.1M Reduce -1.4%
AAPL Apple Inc. 5.53% 37,797 $10.3M No change
ECHO Echostar Corp. Class A 2.90% 49,610 $5.4M New
BRK.B Berkshire Hathaway Inc. Class B 2.77% 10,237 $5.1M No change
GS Goldman Sachs Group Inc. 2.63% 5,554 $4.9M Reduce -0.6%
NMM Navios Maritime Partners LP 2.15% 76,300 $4.0M Add +16.9%
MGM MGM Resorts International 2.15% 109,260 $4.0M Reduce -4.5%
VRT Vertiv Holdings Co. Class A 1.96% 22,500 $3.6M Reduce -25.0%
GEV GE Vernova Inc. 1.96% 5,562 $3.6M Reduce -0.5%
GLW Corning Inc. 1.96% 41,500 $3.6M Reduce -17.8%
MSFT Microsoft Corp. 1.77% 6,806 $3.3M Reduce -0.8%
ORCL Oracle Corp. 1.72% 16,400 $3.2M New
SPY SS SPDR S&P 500 ETF Trust-US 1.69% 4,597 $3.1M Reduce -0.2%
HAL Halliburton Co. 1.69% 110,900 $3.1M Reduce -1.5%
TFPM Triple Flag Precious Met 1.61% 90,240 $3.0M No change
CNQ Canadian Natural Resources 1.45% 78,800 $2.7M No change
GSAT Globalstar Inc. 1.44% 43,681 $2.7M No change
MPC Marathon Petroleum Corp. 1.37% 15,619 $2.5M No change
NVEC Nve Corp. 1.36% 42,700 $2.5M Reduce -1.2%
CEG Constellation Energy 1.31% 6,900 $2.4M Reduce -8.3%
AIG American International Group 1.22% 26,400 $2.3M Reduce -7.0%
FCNCA First Citizens Bcshs Class A 1.01% 876 $1.9M No change
JNJ Johnson & Johnson 0.99% 8,864 $1.8M Reduce -8.3%
MU Micron Technology Inc. 0.96% 6,255 $1.8M Reduce -44.5%
VTS Vitesse Energy Inc. 0.90% 87,029 $1.7M Reduce -0.3%
ABBV Abbvie Inc. 0.86% 7,000 $1.6M No change
DG Dollar General Corp. 0.84% 11,755 $1.6M Add +72.5%
AMZN Amazon.com Inc. 0.75% 6,020 $1.4M Add +0.3%
QQQ Invesco QQQ Trust Series 1 0.71% 2,136 $1.3M No change
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.70% 5,000 $1.3M No change
GE General Electric filed as GE AEROSPACE 0.70% 4,200 $1.3M No change
COST Costco Wholesale Corp. 0.70% 1,500 $1.3M No change
BWXT BWX Technologies Inc. 0.68% 7,330 $1.3M No change
XOM Exxon Mobil Corp. 0.68% 10,420 $1.3M Reduce -10.2%
JPM JPMorgan Chase & Co. 0.67% 3,872 $1.2M Reduce -6.6%
LLY Eli Lilly & Co. 0.64% 1,100 $1.2M No change
NFLX Netflix Inc. 0.59% 11,600 $1.1M No change
ELV Elevance Health Inc. 0.56% 2,975 $1.0M New
APO Apollo Global Management Inc. 0.53% 6,850 $992K No change
ET Energy Transfer LP 0.52% 58,000 $956K New
UTG Reaves Utility Income Fund 0.49% 25,000 $915K No change
CB Chubb Ltd. 0.47% 2,771 $868K No change
BKR Baker Hughes Co. 0.47% 19,000 $865K No change
NE Noble Corp. PLC 0.46% 30,000 $847K No change
QCOM Qualcomm Inc. 0.42% 4,610 $789K No change
WMB Williams Cos Inc. 0.41% 12,700 $763K Reduce -0.4%
ORLA Orla Mining Ltd. filed as ORLA MNG LTD NEW 0.40% 55,400 $746K No change
CAT Caterpillar Inc. 0.40% 1,300 $745K Add +8.3%
PEG Public Service Enterprise GP 0.40% 9,150 $735K No change
EPD Enterprise Products Partners 0.39% 22,714 $728K No change
META Meta Platforms Inc. Class A 0.39% 1,100 $726K No change
CVX Chevron Corp. 0.36% 4,361 $665K No change
HON Honeywell International Inc. 0.36% 3,404 $664K No change
HD Home Depot Inc. 0.35% 1,875 $645K No change
OLN Olin Corp. 0.34% 30,505 $635K Reduce -1.6%
TECK Teck Resources Ltd.-CLS B 0.34% 13,154 $630K No change
MLM Martin Marietta Materials 0.34% 1,000 $623K No change
MPLX MPLX LP 0.33% 11,525 $615K No change
GLD SPDR Gold Shares 0.32% 1,500 $594K No change
AMGN Amgen Inc. 0.31% 1,768 $579K No change
VRTX Vertex Pharmaceuticals Inc. 0.31% 1,250 $567K No change
WMT Walmart Inc. 0.30% 5,000 $558K No change
SPG Simon Property Group Inc. 0.30% 3,000 $555K No change
TSLX Sixth Street Specialty Lendi 0.29% 25,000 $543K No change
AXP American Express Co. 0.28% 1,416 $524K No change
TSLA Tesla Inc. 0.28% 1,155 $519K No change
VTV Vanguard Mrngstr Val ETF-Aui 0.27% 2,650 $506K No change
ICE Intercontinental Exchange Inc. 0.26% 3,037 $492K No change
LNG Cheniere Energy Inc. 0.26% 2,500 $486K No change
RSP Invesco S&P 500 Equal Weight 0.25% 2,425 $465K No change
PNC PNC Financial Services Group 0.25% 2,225 $464K No change
WM Waste Management Inc. 0.25% 2,100 $461K No change
SOXX iShares Semiconductor ETF 0.24% 1,500 $452K No change
LIN Linde PLC 0.23% 1,017 $434K No change
ITA iShares U.S. Aerospace & Def 0.23% 2,000 $429K No change
MA Mastercard Inc. Class A 0.23% 750 $428K No change
XYL Xylem Inc. 0.22% 3,000 $409K No change
PLTR Palantir Technologies Inc. Class A 0.22% 2,250 $400K No change
NEE Nextera Energy Inc. 0.21% 4,935 $396K No change
SLV iShares Silver Trust 0.21% 6,000 $387K No change
MRSH Marsh & McLennan Cos 0.20% 2,031 $377K No change
PANW Palo Alto Networks Inc. 0.20% 2,000 $368K No change
PSX Phillips 66 0.20% 2,850 $368K Reduce -36.7%
SAP Sap SE-Sponsored ADR 0.20% 1,500 $364K Reduce -7.4%
ENVX Enovix Corp. 0.19% 49,400 $361K Reduce -1.0%
MS Morgan Stanley 0.19% 2,000 $355K No change
V Visa Inc. Class A 0.19% 1,000 $351K No change
IBB iShares Biotechnology ETF 0.18% 2,000 $338K New
OKE Oneok Inc. 0.18% 4,500 $331K No change
MSGS Madison Square Garden Sports 0.17% 1,225 $317K No change
PFF iShares Preferred & Income S 0.17% 10,000 $310K No change
BX Blackstone Inc. 0.17% 2,000 $308K No change
MERC Mercer International Inc. 0.16% 150,000 $297K No change
PWR Quanta Services Inc. 0.16% 700 $295K Add +16.7%
PG The Procter & Gamble Co. 0.16% 2,011 $288K Reduce -3.4%
HLT Hilton Worldwide Holdings Inc. 0.15% 1,000 $287K No change
NVS Novartis AG-Sponsored ADR 0.15% 2,080 $287K Reduce -5.5%
WCN Waste Connections Inc. 0.14% 1,500 $263K No change
IVV iShares Core S&P 500 ETF 0.14% 382 $262K No change
NRG NRG Energy Inc. 0.14% 1,635 $260K No change
AB Alliancebernstein Holding LP 0.13% 6,500 $250K No change
AVAV Aerovironment Inc. 0.13% 1,000 $242K No change
LHX L3HARRIS Technologies Inc. 0.13% 814 $239K Reduce -5.1%
LYB Lyondellbasell Indu Class A 0.12% 5,280 $229K Reduce -20.0%
UBER Uber Technologies Inc. 0.12% 2,790 $228K Add +0.4%
ROK Rockwell Automation Inc. 0.12% 566 $220K New
MYRG MYR Group Inc./Delaware 0.12% 1,000 $219K No change
MCK McKesson Corp. 0.11% 250 $205K New
KW Kennedy-Wilson Holdings Inc. 0.10% 20,000 $193K New
OWL Blue Owl Capital Inc. 0.08% 10,000 $149K No change

Portfolio Sells Q3 2025 → Q4 2025
CCJ Cameco Corp. Reduce -26.5% 7.26% −2.39
JEF Jefferies Financial Group Inc. Reduce -3.4% 6.67% −1.09
VRT Vertiv Holdings Co. Class A Reduce -25.0% 1.96% −0.63
NVDA Nvidia Corp. Reduce -1.4% 6.52% −0.53
GLW Corning Inc. Reduce -17.8% 1.96% −0.42
MSFT Microsoft Corp. Reduce -0.8% 1.77% −0.27
VTS Vitesse Energy Inc. Reduce -0.3% 0.90% −0.26
NVEC Nve Corp. Reduce -1.2% 1.36% −0.25
TSCO Tractor Supply Company Sold out 0.00% −0.16
PSX Phillips 66 Reduce -36.7% 0.20% −0.15
MGM MGM Resorts International Reduce -4.5% 2.15% −0.13
MU Micron Technology Inc. Reduce -44.5% 0.96% −0.12
CEG Constellation Energy Reduce -8.3% 1.31% −0.11
OLN Olin Corp. Reduce -1.6% 0.34% −0.10
ENVX Enovix Corp. Reduce -1.0% 0.19% −0.09
JPM JPMorgan Chase & Co. Reduce -6.6% 0.67% −0.08
XOM Exxon Mobil Corp. Reduce -10.2% 0.68% −0.07
SPY SS SPDR S&P 500 ETF Trust-US Reduce -0.2% 1.69% −0.07
AIG American International Group Reduce -7.0% 1.22% −0.06
LYB Lyondellbasell Indu Class A Reduce -20.0% 0.12% −0.06
WMB Williams Cos Inc. Reduce -0.4% 0.41% −0.05
SAP Sap SE-Sponsored ADR Reduce -7.4% 0.20% −0.05
JNJ Johnson & Johnson Reduce -8.3% 0.99% −0.04
PG The Procter & Gamble Co. Reduce -3.4% 0.16% −0.03
LHX L3HARRIS Technologies Inc. Reduce -5.1% 0.13% −0.02
GEV GE Vernova Inc. Reduce -0.5% 1.96% −0.01
NVS Novartis AG-Sponsored ADR Reduce -5.5% 0.15% −0.01
GS Goldman Sachs Group Inc. Reduce -0.6% 2.63% +0.08
HAL Halliburton Co. Reduce -1.5% 1.69% +0.10
GOOG Alphabet Inc. Class C Reduce -1.7% 7.47% +1.18

Portfolio Buys Q3 2025 → Q4 2025
ECHO Echostar Corp. Class A New 2.90% +2.90
ORCL Oracle Corp. New 1.72% +1.72
ELV Elevance Health Inc. New 0.56% +0.56
ET Energy Transfer LP New 0.52% +0.52
NMM Navios Maritime Partners LP Add +16.9% 2.15% +0.47
DG Dollar General Corp. Add +72.5% 0.84% +0.44
IBB iShares Biotechnology ETF New 0.18% +0.18
ROK Rockwell Automation Inc. New 0.12% +0.12
MCK McKesson Corp. New 0.11% +0.11
KW Kennedy-Wilson Holdings Inc. New 0.10% +0.10
CAT Caterpillar Inc. Add +8.3% 0.40% +0.07
PWR Quanta Services Inc. Add +16.7% 0.16% +0.02
AMZN Amazon.com Inc. Add +0.3% 0.75% −0.01
UBER Uber Technologies Inc. Add +0.4% 0.12% −0.03

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