0001752724-20-238800.txt : 20201120 0001752724-20-238800.hdr.sgml : 20201120 20201120162819 ACCESSION NUMBER: 0001752724-20-238800 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20200930 FILED AS OF DATE: 20201120 PERIOD START: 20210630 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MERIDIAN FUND INC CENTRAL INDEX KEY: 0000745467 IRS NUMBER: 680024203 STATE OF INCORPORATION: MD FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-04014 FILM NUMBER: 201332851 BUSINESS ADDRESS: STREET 1: 100 FILLMORE STREET STREET 2: SUITE 325 CITY: DENVER STATE: CO ZIP: 80206 BUSINESS PHONE: 303-398-2929 MAIL ADDRESS: STREET 1: 100 FILLMORE STREET STREET 2: SUITE 325 CITY: DENVER STATE: CO ZIP: 80206 FORMER COMPANY: FORMER CONFORMED NAME: MERIDIAN FUND INC/NEW DATE OF NAME CHANGE: 19920703 0000745467 S000001461 MERIDIAN ENHANCED EQUITY FUND C000003881 Legacy Class MEIFX C000132936 Investor Class MRIEX C000132937 Class A 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INC 000000000 -500.00000000 NC USD -335000.00000000 -0.59338512062 N/A DE CORP US N 1 NEW YORK STOCK EXCHANGE 549300HIIRNTNKXV3M12 Call Written Skechers USA Inc Skechers USA Inc 100.00000000 25.00000000 USD 2021-01-15 XXXX 113697.92000000 N N N Clarus Corp F174K6FB0TWGSP17QZ32 Clarus Corp 18270P109 39140.00000000 NS USD 552656.80000000 0.978920363968 Long EC CORP US N 1 N N N Madison Square Garden Entertai N/A Madison Square Garden Entertainment Corp 55826T102 7000.00000000 NS USD 479430.00000000 0.849213816056 Long EC CORP US N 1 N N N Pinterest Inc N/A Pinterest Inc 72352L106 80000.00000000 NS USD 3320800.00000000 5.882129279268 Long EC CORP US N 1 N N N Cerence Inc 5493002WL2W5WMS89568 Cerence Inc 156727109 4984.00000000 NS USD 243568.08000000 0.431431864268 Long EC CORP US N 1 N N Teladoc Health Inc 549300I2PVFBC9MFAC61 Teladoc Health Inc 87918A105 1559.00000000 NS USD 341795.16000000 0.605421379832 Long EC CORP US N 1 N N Liberty Media Corp-Liberty Sir N/A Liberty Media Corp-Liberty SiriusXM 531229607 799.00000000 NS USD 26430.92000000 0.046817058663 Long EC CORP US N 1 N N N Altice USA Inc 54930064K3612MGCER95 Altice USA Inc 02156K103 29670.00000000 NS USD 771420.00000000 1.366415372384 Long EC CORP US N 1 N N N Liberty Media Corp-Liberty Sir N/A Liberty Media Corp-Liberty SiriusXM 531229409 8500.00000000 NS USD 281945.00000000 0.499408859203 Long EC CORP US N 1 N N N Sensata Technologies Holding P 529900MS7KFYCY9MS037 Sensata Technologies Holding PLC 000000000 45000.00000000 NS USD 1941300.00000000 3.438622491521 Long EC CORP US N 1 N N N 2020-11-20 Meridian Fund, Inc. Katie Jones Katie Jones CFO/Treasurer XXXX NPORT-EX 2 MR30MeridianEnEQFd.htm.htm
Meridian Enhanced Equity Fund
Schedule of Investments
September 30, 2020 (Unaudited)
  Shares Value
Common Stocks - 118.3%
Communication Services - 21.3%
Diversified Telecommunication Services - 6.7%
GCI Liberty, Inc. Class A 1 24,297  $1,991,382
Liberty Global Plc Class A (United Kingdom) 1,2 60,000  1,260,600
Verizon Communications, Inc. 8,500  505,665
    3,757,647
Entertainment - 4.9%
Activision Blizzard, Inc. 2 14,873  1,203,970
Madison Square Garden Entertainment Corp. 1 7,000  479,430
Walt Disney Co. (The) 8,927  1,107,662
    2,791,062
Interactive Media & Services - 7.2%
IAC/InterActiveCorp 1 2,000  239,560
Match Group, Inc. 1,2 4,316  477,565
Pinterest, Inc. Class A 1,2 80,000  3,320,800
    4,037,925
Media - 2.5%
Altice U.S.A., Inc. Class A 1 29,670  771,420
Boston Omaha Corp. Class A 1 21,306  340,896
Liberty Media Corp-Liberty SiriusXM Class A 1 8,500  281,945
Liberty Media Corp-Liberty SiriusXM Class C 1 799  26,431
    1,420,692
Total Communication Services   12,007,326
Consumer Discretionary - 15.9%
Hotels, Restaurants & Leisure - 1.3%
Planet Fitness, Inc. Class A 1,2 12,000  739,440
Internet & Direct Marketing Retail - 3.1%
Amazon.com, Inc. 1,2 561  1,766,437
Leisure Products - 1.0%
Clarus Corp. 39,140  552,657
Hasbro, Inc. 2 400  33,088
    585,745
Specialty Retail - 2.7%
Home Depot, Inc. (The) 3,867  1,073,905
Vroom, Inc. 1 8,916  461,670
    1,535,575
Textiles, Apparel & Luxury Goods - 7.8%
Hanesbrands, Inc. 2 100,000  1,575,000
NIKE, Inc. Class B 10,290  1,291,807
Skechers U.S.A., Inc. Class A 1,2 50,000  1,511,000
    4,377,807
Total Consumer Discretionary   9,005,004
  Shares Value
Consumer Staples - 8.2%
Food & Staples Retailing - 1.9%
Costco Wholesale Corp. 3,038  $1,078,490
Food Products - 6.3%
Lamb Weston Holdings, Inc. 2 32,000  2,120,640
TreeHouse Foods, Inc. 1,2 35,000  1,418,550
    3,539,190
Tobacco - 0.0%
Altria Group, Inc. 2 400  15,456
Total Consumer Staples   4,633,136
Energy - 2.8%
Oil, Gas & Consumable Fuels - 2.8%
Cheniere Energy, Inc. 1 2,571  118,960
Magellan Midstream Partners LP 2 41,000  1,402,200
Marathon Petroleum Corp. 2 1,800  52,812
Total Energy   1,573,972
Financials - 12.7%
Banks - 7.9%
Bank of America Corp. 2 20,000  481,800
Citigroup, Inc. 2 34,800  1,500,228
JPMorgan Chase & Co. 2 10,000  962,700
U.S. Bancorp 22,303  799,563
Wells Fargo & Co. 2 30,000  705,300
    4,449,591
Capital Markets - 3.1%
Executive Network Partnering Corp. 1 11,535  291,259
Foley Trasimene Acquisition Corp. 1 25,000  282,250
Intercontinental Exchange, Inc. 11,815  1,182,090
    1,755,599
Insurance - 1.7%
Fidelity National Financial, Inc. 2 30,000  939,300
Total Financials   7,144,490
Health Care - 4.2%
Biotechnology - 3.6%
Alnylam Pharmaceuticals, Inc. 1 1,249  181,854
Exact Sciences Corp. 1,2,3 15,146  1,544,135
Heron Therapeutics, Inc. 1,3 18,813  278,809
    2,004,798
Health Care Technology - 0.6%
Teladoc Health, Inc. 1,3 1,559  341,795
Total Health Care   2,346,593
Industrials - 11.2%
Electrical Equipment - 3.4%
Sensata Technologies Holding Plc 1,2 45,000  1,941,300

Meridian Funds 1 www.meridianfund.com

Meridian Enhanced Equity Fund
Schedule of Investments (continued)
September 30, 2020 (Unaudited)
  Shares Value
Machinery - 2.4%
Tennant Co. 2 22,000  $1,327,920
Professional Services - 5.4%
Dun & Bradstreet Holdings, Inc. 1,3 10,000  256,600
IHS Markit Ltd. (United Kingdom) 12,648  992,995
Verisk Analytics, Inc. 2 9,700  1,797,507
    3,047,102
Total Industrials   6,316,322
Information Technology - 31.8%
Electronic Equipment, Instruments & Components - 0.8%
Belden, Inc. 2 15,000  466,800
IT Services - 8.8%
CACI International, Inc. Class A 1 1,300  277,108
Mastercard, Inc. Class A 2 4,800  1,623,216
PayPal Holdings, Inc. 1,2 7,252  1,428,861
Visa, Inc. Class A 3 8,142  1,628,156
    4,957,341
Semiconductors & Semiconductor Equipment - 5.6%
NVIDIA Corp. 2,254  1,219,910
ON Semiconductor Corp. 1,2 90,000  1,952,100
    3,172,010
Software - 13.5%
Cerence, Inc. 1,3 4,984  243,568
Microsoft Corp. 8,202  1,725,127
Palo Alto Networks, Inc. 1,2 10,000  2,447,500
salesforce.com, Inc. 1,2 7,564  1,900,984
Workday, Inc. Class A 1 1,500  322,695
Zuora, Inc. Class A 1,2 94,000  971,960
    7,611,834
Technology Hardware, Storage & Peripherals - 3.1%
Apple, Inc. 2 15,200  1,760,312
Total Information Technology   17,968,297
Materials - 5.6%
Chemicals - 1.9%
Huntsman Corp. 2 50,000  1,110,500
Containers & Packaging - 3.7%
Ball Corp. 2 25,000  2,078,000
Total Materials   3,188,500
Real Estate - 2.8%
Equity Real Estate Investment Trusts (REITS) - 2.8%
American Tower Corp. 3,099  749,121
  Shares Value
Equinix, Inc. 1,116  $848,305
Total Real Estate   1,597,426
Utilities - 1.8%
Independent Power & Renewable Electricity Producers - 1.8%
Vistra Corp. 53,699  1,012,763
Total Utilities   1,012,763
Total Common Stocks - 118.3%
(Cost $54,206,866)
  66,793,829
  Shares/
Principal
Amount
 
Short-Term Investments - 0.3%4
Repurchase Agreements - 0.3%
Citigroup Global Markets, Inc., dated 9/30/20, due 10/1/20, 0.08% total to be received $155,252 (collateralized by various U.S. Government Sponsored Agency and U.S. Treasury Obligations, 0.00% - 4.63%, 11/27/20 - 11/1/59, totaling $158,357)
(Cost $155,252)
 $155,252  155,252
Total Short-Term
Investments - 0.3%
(Cost $155,252)
  155,252
Total Investments - 118.6%
(Cost $54,362,118)
 
66,949,081
Liabilities in Excess of Other Assets - (18.6)%   (10,493,527)
Net Assets - 100.0%   $56,455,554
    Value
Call Options Written - (20.7)%
Total Call Options Written - (20.7)%
(Premium received $(10,202,460))
  $(11,692,181)
 

Meridian Funds 2 www.meridianfund.com

Meridian Enhanced Equity Fund
Schedule of Investments (continued)
September 30, 2020 (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, 2020. Total value of such securities at period-end amounts to
$3,069,662 and represents 5.44% of net assets.
4 Collateral received from brokers for securities lending was invested in short-term investments.

Meridian Funds 3 www.meridianfund.com

Meridian Enhanced Equity Fund
Schedule of Investments
September 30, 2020 (Unaudited)
Exchange-Traded Options Written
Description   Strike Price   Expiration Date   Number of
Contracts
  Notional
Amount
  Premium
Received
  Value
Call                        
Amazon.com, Inc.   3,750.00   10/16/20   1    $314,873    $(11,424)    $(387)
Apple, Inc.   145.00   10/16/20   12    138,972    (6,290)    (84)
Hasbro, Inc.   50.00   10/16/20   4    33,088    (9,694)    (13,320)
PayPal Holdings, Inc.   230.00   10/16/20   12    236,436    (4,910)    (240)
salesforce.com, Inc.   270.00   10/16/20   10    251,320    (18,992)    (2,500)
TreeHouse Foods, Inc.   30.00   11/20/20   250    1,013,250    (296,147)    (282,500)
Belden, Inc.   25.00   12/18/20   150    466,800    (146,879)    (109,500)
Liberty Global Plc Class A (United Kingdom)   22.50   12/18/20   300    630,300    (217,539)    (36,000)
Liberty Global Plc Class A (United Kingdom)   25.00   12/18/20   300    630,300    (173,847)    (18,000)
Zuora, Inc. Class A   7.00   12/18/20   300    310,200    (157,462)    (111,000)
Altria Group, Inc.   32.50   1/15/21   4    15,456    (3,695)    (3,020)
Citigroup, Inc.   52.50   1/15/21   100    431,100    (147,392)    (10,500)
Exact Sciences Corp.   35.00   1/15/21   120    1,223,400    (359,418)    (829,800)
Hanesbrands, Inc.   10.00   1/15/21   1,000    1,575,000    (419,207)    (600,000)
Huntsman Corp.   15.00   1/15/21   500    1,110,500    (319,601)    (385,000)
Lamb Weston Holdings, Inc.   50.00   1/15/21   320    2,120,640    (606,348)    (582,400)
Marathon Petroleum Corp.   20.00   1/15/21   18    52,812    (23,403)    (18,900)
ON Semiconductor Corp.   15.00   1/15/21   900    1,952,100    (568,549)    (677,700)
Pinterest, Inc. Class A   13.00   1/15/21   800    3,320,800    (743,357)    (2,284,000)
Planet Fitness, Inc. Class A   25.00   1/15/21   120    739,440    (197,802)    (457,200)
Skechers U.S.A., Inc. Class A   25.00   1/15/21   500    1,511,000    (448,698)    (335,000)
Tennant Co.   55.00   1/15/21   220    1,327,920    (309,481)    (297,000)
TreeHouse Foods, Inc.   35.00   2/19/21   100    405,300    (109,565)    (77,000)
Fidelity National Financial, Inc.   25.00   3/19/21   300    939,300    (260,059)    (225,000)
Match Group, Inc.   75.00   3/19/21   39    431,535    (97,082)    (155,220)
Sensata Technologies Holding Plc   30.00   3/19/21   450    1,941,300    (501,648)    (684,000)
Activision Blizzard, Inc.   70.00   4/16/21   143    1,157,585    (247,701)    (238,810)
Bank of America Corp.   18.00   6/18/21   200    481,800    (156,190)    (136,000)
JPMorgan Chase & Co.   65.00   6/18/21   100    962,700    (339,514)    (331,000)
Mastercard, Inc. Class A   320.00   6/18/21   48    1,623,216    (310,275)    (232,320)
Palo Alto Networks, Inc.   185.00   6/18/21   100    2,447,500    (641,486)    (707,500)
Wells Fargo & Co.   20.00   6/18/21   300    705,300    (184,535)    (162,000)
Verisk Analytics, Inc.   170.00   8/20/21   97    1,797,507    (324,391)    (305,550)
Ball Corp.   70.00   1/21/22   250    2,078,000    (434,009)    (525,000)
Citigroup, Inc.   42.50   1/21/22   248    1,069,128    (374,577)    (179,800)
Magellan Midstream Partners LP   35.00   1/21/22   110    376,200    (124,885)    (48,730)
Magellan Midstream Partners LP   32.50   1/21/22   300    1,026,000    (330,923)    (195,000)
Zuora, Inc. Class A   5.00   1/21/22   640    661,760    (575,485)    (435,200)
                Total   $(10,202,460)   $(11,692,181)

Meridian Funds 4 www.meridianfund.com