MeridianLink

MLNK • NYSE

MeridianLink is a software - application company in the technology sector on NYSE, led by Laurence E. Katz, with a market cap of $1.5B. As of Q3 2025, 79% of shares are held by 117 institutional investors, with Thoma Bravo, LLC as the largest holder at 39.2%.

Chief Executive OfficerLaurence E. Katz

Market Cap$1.5B

Software - Application

Technology

Employees676.0

Websitemeridianlink.com

Country

United States of America

Overview

Overview of institutional ownership in MLNK as of Q3 2025 with a market cap of $1.5B

All Institutions

Institutions: 117
Value Held: $1.2B
Shares Held: 58.2M
Avg Position: $9.9M
Median Position: $534.3K

Hedge Funds

Hedge Funds: 26
Value Held: $304.2M
Shares Held: 15.3M
Avg Position: $11.7M
Median Position: $1.7M

Ownership Breakdown

Institutional (non-HF)

58.23%

$856.6M

Hedge Funds

20.68%

$304.2M

Retail & Other

21.09%

$310.3M

Based on market cap of $1.5B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in MLNK as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
Thoma Bravo, LLC Private Equity	Paul Holden Spaht Managing Partner	$576.6M 4.94% of portfolio	39.20% 28.9M shares	Q3 2021 Held for 4y 2m	$11.7B
DARLINGTON PARTNERS CAPITAL MANAGEMENT, LP Hedge Fund•Value	Mina Fahmy Iskander CFO	$130.7M 4.41% of portfolio	8.89% 6.6M shares	Q4 2021 Held for 3y 11m	$3.0B
VANGUARD GROUP INC Institution	Salim Ramji CEO	$73.6M 0.00% of portfolio	5.00% 3.7M shares	Q3 2021 Held for 4y 2m	$6.69T
B BlackRock, Inc. Institution	-	$58.5M 0.00% of portfolio	3.98% 2.9M shares	Q3 2021 Held for 4y 2m	$5.67T
K Keenan Capital, LLC Hedge Fund•Value	Alex Prywes Director	$56.1M 10.95% of portfolio	3.81% 2.8M shares	Q3 2021 Held for 4y 2m	$512.3M
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	Dmitry Balyasny CIO	$22.3M 0.05% of portfolio	1.52% 1.1M shares	Q2 2025 Held for 5 months	$48.1B
DIMENSIONAL FUND ADVISORS LP Long Only Manager	Gerard Kieran O'Reilly CEO	$20.9M 0.00% of portfolio	1.42% 1.0M shares	Q3 2022 Held for 3y 2m	$466.32B
WATER ISLAND CAPITAL LLC Hedge Fund•Event Driven	John Sabbott Orrico CIO	$18.5M 2.89% of portfolio	1.26% 930.2K shares	Q3 2025 Held for 2 months	$641.5M
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$17.2M 0.00% of portfolio	1.17% 864.4K shares	Q3 2021 Held for 4y 2m	$1.57T
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$16.6M 0.00% of portfolio	1.13% 832.9K shares	Q3 2021 Held for 4y 2m	$2.88T

Net Capital Flow

Institutional buying and selling activity for MLNK in Q3 2025

Traded: +$45.4M
Buyers: 69
Sellers: 64
Total Bought: +$152.8M
Total Sold: −$107.4M
Avg Position: $8.0M

Biggest Buyers

Institution	Net Bought	Current Position
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$22.1M +1.1M shares	$22.3M 1.1M shares
WATER ISLAND CAPITAL LLC Hedge Fund•Event Driven	+$18.5M +930.2K shares	$18.5M 930.2K shares
Fort Baker Capital Management LP Hedge Fund•Quant Macro	+$13.4M +671.3K shares	$13.4M 671.3K shares
H HIGHBRIDGE CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$13.2M +662.1K shares	$13.2M 662.1K shares
HIGHLAND CAPITAL MANAGEMENT FUND ADVISORS, L.P. Institution	+$10.6M +532.4K shares	$10.6M 532.4K shares
B BlackRock, Inc. Institution	+$9.7M +487.2K shares	$58.5M 2.9M shares
Verition Fund Management LLC Hedge Fund•Multi-Strategy	+$8.3M +415.8K shares	$8.9M 445.7K shares
Magnetar Financial LLC Hedge Fund•Multi-Strategy	+$7.2M +358.9K shares	$7.2M 358.9K shares
C Capula Management Ltd Institution	+$6.9M +347.0K shares	$6.9M 347.0K shares
UBS Group AG Institution	+$4.7M +234.4K shares	$6.8M 340.0K shares

Biggest Sellers

Institution	Net Sold	Current Position
Park West Asset Management LLC Hedge Fund•Multi-Strategy	−$44.9M −2.8M shares	Sold Off 0 shares
WCM INVESTMENT MANAGEMENT/CA Long Only Manager	−$17.1M −1.0M shares	Sold Off 0 shares
N Norwood Investment Partners, LP Hedge Fund•Long/Short	−$4.6M −281.0K shares	Sold Off 0 shares
DARLINGTON PARTNERS CAPITAL MANAGEMENT, LP Hedge Fund•Value	−$4.2M −208.3K shares	$130.7M 6.6M shares
MORGAN STANLEY RIA/Wealth	−$3.3M −166.7K shares	$1.8M 91.8K shares
NORTHERN TRUST CORP Institution	−$3.1M −155.6K shares	$6.7M 335.1K shares
Select Equity Group, L.P. Hedge Fund•Multi-Strategy	−$3.0M −150.3K shares	$3.4M 168.6K shares
DIMENSIONAL FUND ADVISORS LP Long Only Manager	−$2.4M −118.4K shares	$20.9M 1.0M shares
CenterBook Partners LP Hedge Fund•Market Neutral	−$2.1M −103.9K shares	$4.8M 243.1K shares
Q Qube Research & Technologies Ltd Institution	−$2.1M −103.7K shares	$954.0K 47.9K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited MLNK in Q3 2025

New Positions: 27
New Value: $84.4M
Exited Positions: 27
Exited Value: $78.8M

New Positions

Institution	Position Value
WATER ISLAND CAPITAL LLC Hedge Fund•Event Driven	$18.5M 930.2K shares
Fort Baker Capital Management LP Hedge Fund•Quant Macro	$13.4M 671.3K shares
H HIGHBRIDGE CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	$13.2M 662.1K shares
HIGHLAND CAPITAL MANAGEMENT FUND ADVISORS, L.P. Institution	$10.6M 532.4K shares
Magnetar Financial LLC Hedge Fund•Multi-Strategy	$7.2M 358.9K shares
C Capula Management Ltd Institution	$6.9M 347.0K shares
O OXFORD ASSET MANAGEMENT Institution	$2.4M 122.2K shares
CNH PARTNERS LLC Hedge Fund•Multi-Strategy	$2.4M 120.4K shares
Groupe la Francaise Fund of Funds	$1.8M 88.2K shares
Morningstar Investment Management LLC Long Only Manager	$1.4M 72.6K shares

Exited Positions

Institution	Previous Position
Park West Asset Management LLC Hedge Fund•Multi-Strategy	$44.9M 2.8M shares
WCM INVESTMENT MANAGEMENT/CA Long Only Manager	$17.1M 1.0M shares
N Norwood Investment Partners, LP Hedge Fund•Long/Short	$4.6M 281.0K shares
S Squarepoint Ops LLC Hedge Fund•Quant	$1.6M 95.9K shares
JACOBS LEVY EQUITY MANAGEMENT, INC Hedge Fund•Quant	$1.3M 81.6K shares
FIRST TRUST ADVISORS LP ETF Provider	$925.6K 57.0K shares
PDT Partners, LLC Hedge Fund•Quant	$849.4K 52.3K shares
HPM Partners LLC RIA/Wealth	$805.2K 49.6K shares
MACKENZIE FINANCIAL CORP Long Only Manager	$795.2K 49.0K shares
ARP AMERICAS LLC Hedge Fund•Multi-Strategy	$707.3K 43.6K shares

Options Activity

Institutions with the largest Call and Put options positions in MLNK as of Q3 2025

Call Positions: 3
Call Value: $3.4M
Put Positions: 1
Put Value: $332.8K

Call Positions

Institution	Position Value
Centiva Capital, LP Hedge Fund•Multi-Strategy	$2.0M 1.0K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$1.1M 532.0 contracts
J JANE STREET GROUP, LLC Institution	$342.8K 172.0 contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$332.8K 167.0 contracts

Most Committed Institutions

Institutions with MLNK as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
K Keenan Capital, LLC Hedge Fund•Value	Alex Prywes Director	10.95% $56.1M	3.81% 2.8M shares	Q3 2021 Held for 4y 2m	$512.3M
Thoma Bravo, LLC Private Equity	Paul Holden Spaht Managing Partner	4.94% $576.6M	39.20% 28.9M shares	Q3 2021 Held for 4y 2m	$11.7B
DARLINGTON PARTNERS CAPITAL MANAGEMENT, LP Hedge Fund•Value	Mina Fahmy Iskander CFO	4.41% $130.7M	8.89% 6.6M shares	Q4 2021 Held for 3y 11m	$3.0B
WATER ISLAND CAPITAL LLC Hedge Fund•Event Driven	John Sabbott Orrico CIO	2.89% $18.5M	1.26% 930.2K shares	Q3 2025 Held for 2 months	$641.5M
Fort Baker Capital Management LP Hedge Fund•Quant Macro	Sanjiv Kumar Founder	2.78% $13.4M	0.91% 671.3K shares	Q3 2025 Held for 2 months	$480.5M
H HIGHBRIDGE CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	Jason Keith Hempel CIO	2.21% $13.2M	0.90% 662.1K shares	Q3 2025 Held for 2 months	$597.8M
HIGHLAND CAPITAL MANAGEMENT FUND ADVISORS, L.P. Institution	Dustin David Norris President	0.95% $10.6M	0.72% 532.4K shares	Q3 2025 Held for 2 months	$1.1B
O OXFORD ASSET MANAGEMENT Institution	Henry Stuart Gibson President	0.89% $2.4M	0.17% 122.2K shares	Q3 2025 Held for 2 months	$272.4M
B BCK CAPITAL MANAGEMENT LP Hedge Fund•Event Driven	Wayne Wei-Yin Yu CEO	0.78% $674.6K	0.05% 33.9K shares	Q3 2025 Held for 2 months	$86.9M
M MONIMUS CAPITAL MANAGEMENT, LP Hedge Fund•Long/Short	Brian Jeffrey Bellinger Managing Partner	0.47% $614.0K	0.04% 30.8K shares	Q3 2025 Held for 2 months	$130.6M