ADAR1 Capital Management’s Merus MRUS Stock Holding History

ADAR1 Capital Management’s Portfolio MRUS Stock Details MRUS Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-33,313	Closed	-$3.14M	–	287
2025 Q3	$3.14M	Buy	33,313 +15,000	+82%	+$977K	0.29%	62
2025 Q2	$963K	Sell	18,313 -48,647	-73%	-$2.29M	0.15%	83
2025 Q1	$2.82M	Sell	66,960 -14,500	-18%	-$632K	0.52%	50
2024 Q4	$3.43M	Sell	81,460 -71,826	-47%	-$3.45M	0.68%	33
2024 Q3	$7.66M	Buy	153,286 +126,436	+471%	+$6.6M	1.25%	17
2024 Q2	$1.59M	Buy	+26,850	New	+$1.3M	0.3%	51
2024 Q1	–	Sell	-24,000	Closed	-$660K	–	279
2023 Q4	$660K	Buy	+24,000	New	+$560K	0.24%	53

Other funds holding MRUS

DekaBank Deutsche Girozentrale Frankfurt, Germany $59.2B AUM 26.02% 1-Year Est. Return

XTX Topco George Town, Cayman Islands $7.72B AUM 32.88% 1-Year Est. Return

BIG

Brooklyn Investment Group Brooklyn, New York $3.2B AUM 26.32% 1-Year Est. Return

NAM

NTV Asset Management Charleston, West Virginia $1.02B AUM 31.16% 1-Year Est. Return

FFA

Farther Finance Advisors San Francisco, California $12.8B AUM 26.53% 1-Year Est. Return

Simplex Trading Chicago, Illinois $171B AUM 85% 1-Year Est. Return

EWA

EverSource Wealth Advisors Birmingham, Alabama $2.97B AUM 28.72% 1-Year Est. Return

Parallel Advisors San Francisco, California $6.56B AUM 32.24% 1-Year Est. Return

IFP Advisors Tampa, Florida $5.54B AUM 27.43% 1-Year Est. Return

ADAR1 Capital Management's MRUS Position: Q4 2025 in Review

ADAR1 Capital Management sold out of Merus (MRUS) in Q4 2025, closing a stake of 33,313 shares — an estimated $3.14M sold.

ADAR1 Capital Management first reported a position in MRUS in Q4 2023 and held it in 7 quarters. The position peaked at $7.66M in Q3 2024. 10 funds tracked by Wall St. Rank hold MRUS as of Q4 2025.

ADAR1 Capital Management reported no remaining Merus position as of Q4 2025 after selling out during the quarter.
ADAR1 Capital Management sold 33,313 Merus shares in Q4 2025, an estimated $3.14M.
ADAR1 Capital Management first reported a position in Merus in Q4 2023 and held it in 7 quarters.
ADAR1 Capital Management's Merus position peaked at $7.66M in Q3 2024.
10 funds tracked by Wall St. Rank held Merus as of Q4 2025.

Based on ADAR1 Capital Management's 13F filing for Q4 2025, filed 17 Feb 2026.