Meros Investment Management, L.P. 13F annual report
Meros Investment Management, L.P. is an investment fund managing more than $224 billion ran by Wesley Mcdowell. There are currently 40 companies in Mr. Mcdowell’s portfolio. The largest investments include Photronics and Interface, together worth $24.1 billion.
$224 billion Assets Under Management (AUM)
As of 8th May 2024, Meros Investment Management, L.P.’s top holding is 443,674 shares of Photronics currently worth over $12.6 billion and making up 5.6% of the portfolio value.
Relative to the number of outstanding shares of Photronics, Meros Investment Management, L.P. owns more than approximately 0.1% of the company.
In addition, the fund holds 687,689 shares of Interface worth $11.6 billion, whose value grew 60.6% in the past six months.
The third-largest holding is Magnite Inc worth $11.1 billion and the next is Ducommun worth $10.4 billion, with 203,569 shares owned.
Currently, Meros Investment Management, L.P.'s portfolio is worth at least $224 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Meros Investment Management, L.P.
The Meros Investment Management, L.P. office and employees reside in Dallas, Texas. According to the last 13-F report filed with the SEC, Wesley Mcdowell serves as the Chief Compliance Officer at Meros Investment Management, L.P..
Recent trades
In the most recent 13F filing, Meros Investment Management, L.P. revealed that it had opened a new position in
Thermon Inc and bought 206,400 shares worth $6.75 billion.
This means they effectively own approximately 0.1% of the company.
Thermon Inc makes up
16.7%
of the fund's Industrials sector allocation and has grown its share price by 60.6% in the past year.
The investment fund also strengthened its position in Magnite Inc by buying
312,973 additional shares.
This makes their stake in Magnite Inc total 1,030,639 shares worth $11.1 billion.
Magnite Inc dropped 21.7% in the past year.
On the other hand, there are companies that Meros Investment Management, L.P. is getting rid of from its portfolio.
Meros Investment Management, L.P. closed its position in Childrens Pl Inc on 15th May 2024.
It sold the previously owned 360,872 shares for $8.38 billion.
Wesley Mcdowell also disclosed a decreased stake in Photronics by 0.2%.
This leaves the value of the investment at $12.6 billion and 443,674 shares.
One of the smallest hedge funds
The two most similar investment funds to Meros Investment Management, L.P. are Geneva Partners and Cassady Schiller Wealth Management. They manage $224 billion and $224 billion respectively.
Wesley Mcdowell investment strategy
Meros Investment Management, L.P.’s portfolio is diversified across 7 sectors.
Currently, their heaviest sector is Technology — making up 18.1% of
the total portfolio value.
The fund focuses on investments in the United States as
57.5% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are small-cap stocks.
Stocks with a size of more than $100 million in market cap make up
3% of the total holdings value.
On the other hand, large-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $614 million.
The complete list of Meros Investment Management, L.P. trades based on 13F SEC filings
These positions were updated on May 15th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Photronics, Inc. |
17.63%
443,674
|
$12,564,848,000 | 5.62% |
| Interface Inc. |
18.93%
687,689
|
$11,566,929,000 | 5.17% |
| Magnite Inc |
43.61%
1,030,639
|
$11,079,369,000 | 4.95% |
| Ducommun Inc. |
5.10%
203,569
|
$10,443,090,000 | 4.67% |
| Wabash Natl Corp |
21.66%
312,929
|
$9,369,094,000 | 4.19% |
| Columbus Mckinnon Corp N Y |
17.80%
209,203
|
$9,336,730,000 | 4.17% |
| Berry Corp |
11.31%
1,158,989
|
$9,329,861,000 | 4.17% |
| Arhaus Inc |
135.22%
588,451
|
$9,056,261,000 | 4.05% |
| Childrens Pl Inc |
Closed
360,872
|
$8,375,839,000 | |
| Shoe Carnival, Inc. |
5.45%
226,034
|
$8,281,886,000 | 3.70% |
| Cerence Inc |
158.11%
503,916
|
$7,936,677,000 | 3.55% |
| Biolife Solutions Inc |
21.18%
393,217
|
$7,294,175,000 | 3.26% |
| Select Water Solutions Inc |
40.56%
781,523
|
$7,213,457,000 | 3.23% |
| Thermon Group Holdings Inc |
Opened
206,400
|
$6,753,408,000 | 3.02% |
| InfuSystem Holdings Inc |
11.93%
780,251
|
$6,686,751,000 | 2.99% |
| Plymouth Indl Reit Inc |
6.06%
291,584
|
$6,560,640,000 | 2.93% |
| Radiant Logistics, Inc. |
0.14%
1,135,084
|
$6,152,155,000 | 2.75% |
| Qcr Holdings Inc |
Closed
143,886
|
$5,903,643,000 | |
| Indie Semiconductor Inc |
Opened
808,393
|
$5,723,422,000 | 2.56% |
| Ranpak Holdings Corp |
8.48%
711,950
|
$5,603,047,000 | 2.51% |
| Allient Inc |
0.63%
148,919
|
$5,313,430,000 | 2.38% |
| Hurco Co |
24.29%
262,805
|
$5,298,149,000 | 2.37% |
| Orion Engineered Carbons S A |
3.57%
216,845
|
$5,100,194,000 | 2.28% |
| Proto Labs Inc |
198.32%
137,564
|
$4,917,913,000 | 2.20% |
| Daktronics Inc. |
Opened
477,926
|
$4,760,143,000 | 2.13% |
| i3 Verticals Inc |
Closed
189,083
|
$4,322,437,000 | |
| Anika Therapeutics Inc. |
Opened
170,127
|
$4,321,226,000 | 1.93% |
| eGain Corp |
Closed
567,319
|
$4,249,219,000 | |
| Ichor Holdings Ltd |
12.26%
104,699
|
$4,043,475,000 | 1.81% |
| Apartment Invt Mgmt Co |
Opened
486,030
|
$3,980,586,000 | 1.78% |
| The One Group Hispitality In |
17.17%
685,428
|
$3,817,834,000 | 1.71% |
| Outbrain Inc |
12.19%
895,683
|
$3,537,948,000 | 1.58% |
| Harvard Bioscience Inc. |
1.08%
821,792
|
$3,484,398,000 | 1.56% |
| Inogen Inc |
23.86%
390,824
|
$3,153,950,000 | 1.41% |
| Kornit Digital Ltd |
Opened
166,282
|
$3,013,030,000 | 1.35% |
| Red Violet Inc |
Closed
144,288
|
$2,968,004,000 | |
| Northern Technologies Intl C |
0.88%
215,301
|
$2,895,798,000 | 1.29% |
| AdvanSix Inc |
Opened
100,172
|
$2,864,919,000 | 1.28% |
| MiX Telematics Ltd |
Closed
451,500
|
$2,853,480,000 | |
| Lsb Inds Inc |
56.17%
321,655
|
$2,824,131,000 | 1.26% |
| Solaris Oilfield Infrastruct |
40.89%
320,070
|
$2,775,007,000 | 1.24% |
| Net Lease Office Properties |
Opened
90,234
|
$2,147,569,000 | 0.96% |
| AerSale Corporation |
Opened
259,333
|
$1,862,011,000 | 0.83% |
| KORU Medical Systems Inc |
45.17%
666,462
|
$1,572,850,000 | 0.70% |
| TELA Bio, Inc. |
Opened
150,339
|
$852,422,000 | 0.38% |
| MGP Ingredients, Inc. |
Closed
3,058
|
$325,004,000 | |
| Victorias Secret And Co |
Opened
8,438
|
$163,528,000 | 0.07% |
| No transactions found | |||
| Showing first 500 out of 47 holdings | |||
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