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.

Limited to 30 biggest holdings

$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