NPORT-EX 2 MR30MeridianEnhancedEquity.htm FOR VALIDATION PURPOSES ONLY - [834077.ENH]
Meridian Enhanced Equity Fund
Schedule of Investments
September 30, 2019 (Unaudited)
  Shares Value
Common Stocks - 114.2%
Communication Services - 24.3%
Diversified Telecommunication Services - 3.0%
GCI Liberty, Inc. Class A 1 29,570  $ 1,835,410
Entertainment - 11.5%
Activision Blizzard, Inc. 2 67,073  3,549,503
Take-Two Interactive Software,
Inc. 1,2 		13,494  1,691,338
Walt Disney Co. (The) 14,290  1,862,273
    7,103,114
Interactive Media & Services - 3.5%
IAC/InterActiveCorp 1 2,871  625,792
Snap, Inc. Class A 1 100,000  1,580,000
    2,205,792
Media - 6.3%
Altice USA, Inc. Class A 1 21,820  625,797
Boston Omaha Corp. Class A 1 15,935  315,991
Liberty Global Plc Class A (United Kingdom) 1,2 120,000  2,970,000
    3,911,788
Total Communication Services   15,056,104
Consumer Discretionary - 15.0%
Hotels, Restaurants & Leisure - 5.9%
Papa John's International, Inc. 2 70,000  3,664,500
Internet & Direct Marketing Retail - 2.9%
Amazon.com, Inc. 1 1,030  1,787,987
Leisure Products - 0.5%
Clarus Corp. 27,911  327,257
Specialty Retail - 1.5%
Home Depot, Inc. (The) 4,083  947,338
Textiles, Apparel & Luxury Goods - 4.2%
Hanesbrands, Inc. 3 100,000  1,532,000
NIKE, Inc. Class B 10,907  1,024,385
    2,556,385
Total Consumer Discretionary   9,283,467
Consumer Staples - 2.2%
Food & Staples Retailing - 2.2%
Costco Wholesale Corp. 4,722  1,360,456
Total Consumer Staples   1,360,456
Energy - 4.5%
Energy Equipment & Services - 0.5%
Liberty Oilfield Services, Inc. Class A 28,866  312,619
Oil, Gas & Consumable Fuels - 4.0%
Cheniere Energy, Inc. 1 5,248  330,939
EOG Resources, Inc. 4,184  310,536
  Shares Value
Marathon Petroleum Corp. 30,000  $ 1,822,500
    2,463,975
Total Energy   2,776,594
Financials - 21.9%
Banks - 20.4%
Bank OZK 100,000  2,727,000
Citigroup, Inc. 50,000  3,454,000
Citizens Financial Group, Inc. 2 30,000  1,061,100
U.S. Bancorp 26,544  1,468,945
Wells Fargo & Co. 25,000  1,261,000
Zions Bancorp NA 2 60,000  2,671,200
    12,643,245
Capital Markets - 1.5%
Intercontinental Exchange, Inc. 10,119  933,680
Total Financials   13,576,925
Health Care - 3.8%
Biotechnology - 1.5%
Alnylam Pharmaceuticals, Inc. 1,3 3,825  307,607
Exact Sciences Corp. 1 3,449  311,686
Heron Therapeutics, Inc. 1 17,369  321,326
    940,619
Health Care Technology - 1.8%
Teladoc Health, Inc. 1 16,307  1,104,310
Life Sciences Tools & Services - 0.5%
Accelerate Diagnostics, Inc. 1 16,437  305,235
Total Health Care   2,350,164
Industrials - 6.4%
Marine - 4.9%
Matson, Inc. 2 80,000  3,000,800
Professional Services - 1.5%
IHS Markit Ltd. (United Kingdom) 1 13,980  934,982
Total Industrials   3,935,782
Information Technology - 20.3%
IT Services - 4.1%
PayPal Holdings, Inc. 1 8,526  883,208
Switch, Inc. Class A 20,133  314,478
Visa, Inc. Class A 7,680  1,321,037
    2,518,723
Semiconductors & Semiconductor Equipment - 2.5%
NVIDIA Corp. 9,018  1,569,763
Software - 9.5%
LogMeIn, Inc. 43,000  3,051,280
Microsoft Corp. 13,549  1,883,717
salesforce.com, Inc. 1 6,293  934,133
    5,869,130
Meridian Funds 1 www.meridianfund.com
Meridian Enhanced Equity Fund
Schedule of Investments (continued)
September 30, 2019 (Unaudited)
  Shares Value
Technology Hardware, Storage & Peripherals - 4.2%
Apple, Inc. 7,707  $ 1,726,137
HP, Inc. 45,760  865,779
    2,591,916
Total Information Technology   12,549,532
Materials - 3.8%
Chemicals - 3.8%
Huntsman Corp. 100,000  2,326,000
Total Materials   2,326,000
Real Estate - 9.9%
Equity Real Estate Investment Trusts (REITS) - 9.9%
American Tower Corp. 2,822  624,029
Equinix, Inc. 2,184  1,259,731
Seritage Growth Properties Class A 7,869  334,354
Weyerhaeuser Co. 2 140,000  3,878,000
Total Real Estate   6,096,114
Utilities - 2.1%
Independent Power & Renewable Electricity Producers - 2.1%
Vistra Energy Corp. 49,086  1,312,069
Total Utilities   1,312,069
Total Common Stocks - 114.2%
(Cost $60,885,289) 		  70,623,207
  Shares/
Principal
Amount 		 
Short-Term Investments - 0.0%
Repurchase Agreements - 0.0%
RBC Dominion Securities Inc., dated 9/30/19, due 10/1/19, 2.29% total to be received $314 (collateralized by various U.S. Government Sponsored Agency and U.S. Treasury Obligations, 0.00% - 6.50%, 10/15/19 - 9/1/49, totaling $320)  $314  314
Total Short-Term Investments - 0.0%
(Cost $314) 		  314
Total Investments - 114.2%
(Cost $60,885,603) 		 
70,623,521
Liabilities in Excess of Other Assets - (14.2)%   (8,768,128)
Net Assets - 100.0%   $61,855,393
    Value
Call Options Written - (17.6)%
Total Call Options Written - (17.6)%
(Premium received $(8,722,322)) 		  $(10,880,250)
 
Meridian Funds 2 www.meridianfund.com
Meridian Enhanced Equity Fund
Schedule of Investments (continued)
September 30, 2019 (Unaudited)
Plc—Public Limited Company
1 Non-income producing securities.
2 Securities, or a portion thereof, were pledged as collateral for written options by the fund.
3 All or portion of this security is on loan at September 30, 2019. Total value of such securities at period-end amounts to
$2,023,884 and represents 3.27% of net assets. Securities loaned with a value of $184,277 have been sold and are pending settlement as of September 30, 2019.
Meridian Funds 3 www.meridianfund.com
Meridian Enhanced Equity Fund
Schedule of Investments
September 30, 2019 (Unaudited)
Exchange-Traded Options Written
Description   Strike Price   Expiration Date   Number of
Contracts 		  Notional
Amount 		  Premium
Received 		  Value
Call                        
LogMeIn, Inc.   60.00   12/20/19   200    $ 1,419,200    $ (207,983)    $ (264,000)
Matson, Inc.   30.00   12/20/19   500    1,875,500    (414,164)    (420,000)
Activision Blizzard, Inc.   42.50   1/17/20   100    529,200    (119,765)    (112,500)
HP, Inc.   18.00   1/17/20   500    946,000    (134,606)    (92,000)
Liberty Global Plc Class A (United Kingdom)   22.50   1/17/20   300    742,500    (160,261)    (105,000)
Marathon Petroleum Corp.   37.50   1/17/20   150    911,250    (206,128)    (382,500)
Snap, Inc. Class A   10.00   1/17/20   1,000    1,580,000    (609,203)    (610,000)
Take-Two Interactive Software, Inc.   80.00   1/17/20   100    1,253,400    (237,276)    (486,000)
Weyerhaeuser Co.   21.00   1/17/20   1,400    3,878,000    (810,885)    (1,036,000)
Zions Bancorp NA   34.00   1/17/20   300    1,335,600    (198,385)    (384,000)
Activision Blizzard, Inc.   42.50   2/21/20   350    1,852,200    (458,216)    (425,250)
Bank OZK   22.50   2/21/20   1,000    2,727,000    (499,205)    (610,000)
Huntsman Corp.   15.00   2/21/20   500    1,163,000    (272,102)    (440,000)
LogMeIn, Inc.   55.00   3/20/20   230    1,632,080    (319,622)    (414,000)
Matson, Inc.   30.00   3/20/20   300    1,125,300    (254,080)    (273,000)
Citizens Financial Group, Inc.   30.00   4/17/20   300    1,061,100    (158,761)    (192,000)
Liberty Global Plc Class A (United Kingdom)   22.50   4/17/20   300    742,500    (173,761)    (147,000)
Papa John's International, Inc.   37.50   4/17/20   700    3,664,500    (903,832)    (1,127,000)
Zions Bancorp NA   34.00   4/17/20   300    1,335,600    (215,877)    (358,500)
Activision Blizzard, Inc.   42.50   6/19/20   100    529,200    (134,135)    (140,500)
Citigroup, Inc.   52.50   6/19/20   400    2,763,200    (542,655)    (714,000)
Marathon Petroleum Corp.   37.50   6/19/20   150    911,250    (209,034)    (375,000)
Liberty Global Plc Class A (United Kingdom)   22.50   12/18/20   300    742,500    (217,539)    (207,000)
Liberty Global Plc Class A (United Kingdom)   25.00   12/18/20   300    742,500    (173,847)    (126,000)
Citigroup, Inc.   52.50   1/15/21   100    690,800    (147,392)    (191,500)
Hanesbrands, Inc.   10.00   1/15/21   1,000    1,532,000    (419,207)    (570,000)
Huntsman Corp.   15.00   1/15/21   500    1,163,000    (319,601)    (470,000)
Wells Fargo & Co.   45.00   1/15/21   250    1,261,000    (204,800)    (207,500)
                Total   $(8,722,322)   $(10,880,250)
Meridian Funds 4 www.meridianfund.com