Meridian Small Cap Growth Fund
MSGGX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 100 Fillmore Street Denver CO United States of America 80206
- IPO Date
- Dec 17, 2013
- CIK
- 0000745467
- Website
- arrowmarkpartners.com
- Similar Companies
- Business
- Meridian Small Cap Growth Fund (MSGGX) is an open-end mutual fund that seeks long-term growth of capital by investing primarily in equity securities of U.S. small-capitalization growth companies, with at least 80% of its net assets under normal circumstances allocated to such securities; it employs a fundamental research-driven process emphasizing high-quality companies with differentiated business models, strong competitive advantages, large barriers to entry, and downside protection through disciplined portfolio construction. The fund offers multiple share classes, including Legacy Class (MSGGX), Investor Class, Institutional Class (closed to new individual investors), Class A, and Class C, each with varying expense ratios such as 1.22% net for Legacy Class as of June 30, 2025; it benchmarks against the Russell 2000 Growth Index and maintains a portfolio of approximately 97 holdings with a weighted-average market capitalization of $2,731 million as of September 30, 2025, diversified across sectors like healthcare (leading allocation), technology, industrials, consumer cyclical, and energy. Geographically focused on the United States (over 82% of assets), with minor exposure to non-U.S. stocks including Eurozone, Canada, and the United Kingdom, the fund targets institutional and qualified investors alongside existing retail shareholders. Launched on December 16, 2013, and advised by ArrowMark Colorado Holdings, LLC (ArrowMark Partners), an employee-owned asset manager based in Pawtucket, Rhode Island, the fund operates within the small growth category and is distributed by ALPS Distributors, Inc. Top holdings as of September 30, 2025, include Consensus Cloud Solutions Inc. (3.09%), Turning Point Brands Inc. (2.62%), Veracyte Inc. (2.52%), Evolve Vacation Rental Network Inc. (2.37%), and CarGurus Inc. (2.30%), representing high-conviction positions in growth-oriented small caps. The fund closed to most new investors in non-institutional share classes upon reaching capacity limits, reflecting strong historical performance with annualized returns of 8.78% for Legacy Class since inception through September 30, 2025. In recent developments, ArrowMark Partners continues to oversee the Meridian Funds family with a risk-first philosophy honed over decades in small- and mid-cap equity strategies, maintaining active management amid market cycles without reported acquisitions, partnerships, or structural changes specific to the fund in the last 1-2 years; quarterly investor letters from related Meridian Growth Fund highlight portfolio adjustments such as position trims in holdings like Alight Inc. and Halozyme Therapeutics in Q3 2025, underscoring ongoing tactical shifts in response to market conditions. The fund's assets under management stood at approximately $358 million as of September 30, 2025, with a net expense ratio of 1.22% for Legacy Class and no fee waivers altering operations recently. Portfolio managers Chad Meade and Brian Schaub, collaborating since the fund's inception, adhere to the established process without management transitions noted in public disclosures.