N-PORT filing recap · December 2025

What did Meridian Contrarian Fund buy in December 2025?

Reported stock-position changes between this filing and the previous one. These are Meridian Contrarian Fund's own holdings, not the firm's.

Stock value

$554.98M

Positions

Estimated turnover

24.5%

Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.

New positions

FNDFloor & Decor Holdings, Inc.$5.72Mreported value+94.0K shares PVHPvh Corp.$5.29Mreported value+79.0K shares ERIIEnergy Recovery, Inc.$5.09Mreported value+377.0K shares TFINTriumph Financial, Inc.$3.15Mreported value+50.3K shares TRNSTranscat Inc$3.06Mreported value+54.0K shares TNDMTandem Diabetes Care, Inc.$3.06Mreported value+139.0K shares BBYBest Buy Co., Inc.$3.01Mreported value+45.0K shares BRKRBruker Corporation$1.55Mreported value+33.0K shares FRMIFermi Inc.$1.54Mreported value+193.0K shares

Increased positions

FCNCAFirst Citizens Bancshares Inc /de/$20.04Mreported value+179 shares+2.0%TCBITexas Capital Bancshares Inc/tx$16.36Mreported value+3.7K shares+2.1%CSTMConstellium SE$11.37Mreported value+151.5K shares+33.5%CEVACeva, Inc.$11.00Mreported value+116.0K shares

Reduced positions

DLTRDollar Tree, Inc.$16.62Mreported value-11.4K shares-7.8%ATZAFAritzia Inc$13.95Mreported value-52.0K shares-24.2%AXSAxis Capital Holdings Limited$13.92Mreported value-18.0K shares-12.2%CCKCrown Holdings, Inc.$12.22Mreported value-15.0K shares

Exited positions

PRGOPerrigo Company Plc$6.84Mprior reported value-307.0K shares-100.0%LUCKLucky Strike Entertainment Corporation$5.93Mprior reported value-578.8K shares-100.0%KNXKnight-Swift Transportation Holdings Inc.$2.17Mprior reported value-54.8K shares-100.0%SGSweetgreen, Inc.$1.77Mprior reported value