MRLN · NASDAQ · Aerospace & Defense

Merlin (MRLN)

Develops Merlin Pilot for reduced-crew and uncrewed aircraft flight.

$2.89
Pre-market+0.03 (+1.23%)
At close$2.86(+1.60%)

Breakdown13F · 13D/G · Form 4

Institutions29 holders · as of Mar 31, 20263.68%3.72M shares
Insiders10 holders · as of May 22, 202616.16%16.33M shares
Strategic holders3 holders · as of May 8, 202634.57%34.94M shares
Otherremainder45.59%46.08M shares

101.07M company shares as of Sep 3, 2026 · institutions as of Mar 31, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesEvidence
Matthew Spencer GeorgeInsiderdirector, officer: Chief Executive Officer
15.26%15.42MForm 4filed May 22, 2026
Quiet Capital Management, LLCStrategic10 percent owner
13.69%13.84M13Gfiled May 8, 2026
FR Capital Holdings, L.P.1Strategic10 percent owner
12.17%12.30M13Gfiled Mar 23, 2026
Bleichroeder Sponsor 1 LLCStrategic
8.71%8.80M13Gfiled Mar 24, 2026
Alyeska Investment Group, L.P.Institution
8.25%8.34M13Gfiled May 15, 2026
Baillie Gifford & CoInstitution
1.99%2.02M13Fas of Mar 31, 2026
Exoduspoint Capital Management, LPInstitution
0.34%343,84713Fas of Mar 31, 2026
UBS Group AGInstitution
0.27%273,08613Fas of Mar 31, 2026
Ryan Michael CarrithersInsiderofficer: CFO & Treasurer
0.25%256,416Form 4filed May 22, 2026
Continental General Insurance CoInstitution
0.24%239,87213Fas of Mar 31, 2026
Mark Rawlins BrunnerInsiderofficer: Chief Revenue Officer
0.22%225,904Form 4filed May 22, 2026
Leslie Renee RavesteinInsiderofficer: CLO and Secretary
0.20%199,036Form 4filed May 22, 2026
Diametric Capital, LPInstitution
0.12%124,62413Fas of Mar 31, 2026
Greenhaven Road Investment Management, L.P.Institution
0.11%108,23313Fas of Mar 31, 2026
Goldman Sachs Group IncInstitution
0.08%78,70913Fas of Mar 31, 2026
Alberta Investment Management CorpInstitution
0.07%75,00013Fas of Mar 31, 2026
Moore Capital Management, LPInstitution
0.07%75,00013Fas of Mar 31, 2026
Jane Street Group, LLCInstitution
0.05%52,43813Fas of Mar 31, 2026
Geode Capital Management, LLCInstitution
0.05%50,00513Fas of Mar 31, 2026
D. E. Shaw & Co., Inc.Institution
0.05%50,00013Fas of Mar 31, 2026
Michael BlitzerInsiderdirector
0.04%37,500Form 4filed May 22, 2026
Kelyn BrannonInsiderdirector
0.04%37,500Form 4filed May 22, 2026
Kenneth John BraithwaiteInsiderdirector
0.04%37,500Form 4filed May 22, 2026
Michael MontelongoInsiderdirector
0.04%37,500Form 4filed May 22, 2026
Robert Hanson SmithInsiderdirector
0.04%37,500Form 4filed May 22, 2026
  1. FR Capital Holdings, L.P.'s transaction reports restate only vehicles that traded; the 2026 ownership statement (12.30M) is used instead.

13F — a manager's quarterly holdings · 13D/13G — an ownership statement filed at 5% or more · Form 4 — an insider's transaction report

Institutions13F, as of Mar 31, 2026

29 holders · 3.72M shares · 29 new positions · 29 increased · 0 reduced · 0 closed

HolderShares% outstandingChg q/qFiled
Baillie Gifford & Co2.02M1.99%+2.02MnewMay 8, 2026
Exoduspoint Capital Management, LP343.8K0.34%+343.8KnewMay 15, 2026
UBS Group AG273.1K0.27%+273.1KnewMay 5, 2026
Continental General Insurance Co239.9K0.24%+239.9KnewMay 14, 2026
Diametric Capital, LP124.6K0.12%+124.6KnewMay 15, 2026
Greenhaven Road Investment Management, L.P.108.2K0.11%+108.2KnewMay 15, 2026
Goldman Sachs Group Inc78.7K0.08%+78.7KnewMay 15, 2026
Moore Capital Management, LP75.0K0.07%+75.0KnewMay 15, 2026

Ownership statements13D/G · 5% or more, as filed

Holder% of classSharesFormFiled
Quiet Capital Management, LLC16.24%13.84M13GMay 8, 2026
FR Capital Holdings, L.P.14.50%12.30M13GMar 23, 2026
Bleichroeder Sponsor 1 LLC10.40%8.80M13GMar 24, 2026
Alyeska Investment Group, L.P.9.90%8.34M13GMay 15, 2026
Merus Global Investments, LLC8.80%2.23M13GOct 14, 2025
Ayrton Capital LLC7.39%2.03M13GMay 11, 2026
Ramya Rao7.36%1.87M13GFeb 14, 2025
Barclays PLC6.90%1.76M13GFeb 11, 2026
First Trust Capital Management L.P.5.05%1.29M13GMay 15, 2025

Insider tradesForm 4

Latest trades

No open-market trades in the last 12 months.

CongressHouse and Senate disclosures

Not reported.