Meru Capital Group

Meru Capital as of March 31, 2011

Portfolio Holdings for Meru Capital

Meru Capital holds 157 positions in its portfolio as reported in the March 2011 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Energy Select Sector SPDR (XLE) 6.1 $40M 500k 79.75
Yahoo! 4.2 $27M 1.6M 16.68
Alcoa Inc debt 3.2 $21M 7.5M 2.82
Pepsi (PEP) 3.0 $19M 300k 64.41
Market Vectors Gold Miners ETF 2.6 $17M 289k 60.10
E M C Corp Mass note 1.750%12/0 2.6 $17M 10M 1.71
iShares MSCI Brazil Index (EWZ) 2.4 $16M 200k 77.51
priceline.com Incorporated 2.2 $15M 29k 506.45
Las Vegas Sands (LVS) 2.2 $15M 344k 42.22
Verint Systems (VRNT) 2.1 $14M 392k 35.84
Coca-cola Enterprises 2.1 $14M 513k 27.30
PowerShares DB US Dollar Index Bullish 2.1 $14M 630k 21.79
iShares FTSE/Xinhua China 25 Index (FXI) 2.1 $14M 300k 44.91
State Street Corporation (STT) 1.9 $12M 276k 44.94
Goldman Sachs (GS) 1.8 $12M 76k 158.60
Qualcomm (QCOM) 1.8 $12M 211k 54.83
Accenture (ACN) 1.8 $12M 208k 54.95
Apple (AAPL) 1.6 $11M 31k 348.51
Oracle Corporation (ORCL) 1.6 $11M 318k 33.43
Baidu (BIDU) 1.6 $11M 77k 137.82
iShares Dow Jones US Real Estate (IYR) 1.6 $10M 175k 59.40
Ciena Corp note 0.875% 6/1 1.5 $9.8M 10M 0.98
Google 1.4 $9.5M 16k 586.78
MasterCard Incorporated (MA) 1.2 $8.0M 32k 251.72
WellPoint 1.2 $7.8M 111k 69.79
Cisco Systems (CSCO) 1.1 $7.3M 428k 17.15
Baker Hughes Incorporated 1.1 $7.3M 100k 73.43
Express Scripts 1.1 $7.3M 132k 55.61
Banco Santander (BSBR) 1.1 $7.3M 595k 12.26
Valassis Communications 1.1 $7.1M 244k 29.14
SPDR S&P Dividend (SDY) 1.0 $6.8M 125k 54.15
Bank of America Corporation (BAC) 1.0 $6.7M 503k 13.33
Northrop Grumman Corporation (NOC) 1.0 $6.3M 100k 62.71
Ultra Petroleum 0.9 $6.2M 125k 49.24
FedEx Corporation (FDX) 0.9 $6.0M 64k 93.55
Genworth Financial (GNW) 0.9 $5.9M 435k 13.46
Monsanto Company 0.9 $5.8M 80k 72.26
Caterpillar (CAT) 0.8 $5.6M 50k 111.36
Informatica Corporation 0.8 $5.5M 105k 52.19
Coinstar 0.8 $5.2M 114k 45.92
Microsoft Corporation (MSFT) 0.8 $5.2M 204k 25.39
NII Holdings 0.8 $5.2M 124k 41.67
E TRADE Financial Corporation 0.8 $5.0M 322k 15.63
Popular 0.8 $5.0M 1.7M 2.92
Amazon (AMZN) 0.8 $5.0M 28k 180.12
Rubicon Technology 0.7 $4.4M 159k 27.69
Best Buy (BBY) 0.7 $4.3M 150k 28.72
Verigy 0.7 $4.3M 307k 14.09
NetApp (NTAP) 0.6 $4.0M 83k 48.15
Hewlett-Packard Company 0.6 $4.0M 98k 40.97
Calix (CALX) 0.6 $4.0M 196k 20.31
Aixtron 0.6 $3.8M 88k 43.89
Quantum Corporation 0.6 $3.8M 1.5M 2.52
Chesapeake Energy Corporation 0.5 $3.4M 100k 33.52
CommVault Systems (CVLT) 0.5 $3.3M 83k 39.88
Bank of New York Mellon Corporation (BK) 0.5 $3.2M 108k 29.87
JPMorgan Chase & Co. (JPM) 0.5 $3.0M 65k 46.10
Halliburton Company (HAL) 0.5 $3.0M 60k 49.83
Dolby Laboratories (DLB) 0.4 $2.9M 59k 49.21
Delta Air Lines (DAL) 0.4 $2.8M 287k 9.80
World Acceptance (WRLD) 0.4 $2.6M 40k 65.20
Genpact (G) 0.4 $2.6M 181k 14.48
WMS Industries 0.4 $2.6M 72k 35.34
Teva Pharmaceutical Industries (TEVA) 0.4 $2.5M 50k 50.18
Expedia 0.4 $2.4M 106k 22.66
DSW 0.4 $2.3M 59k 39.97
Leap Wireless International 0.3 $2.3M 150k 15.47
Msci (MSCI) 0.3 $2.2M 59k 36.82
MercadoLibre (MELI) 0.3 $2.2M 27k 81.64
Skechers USA (SKX) 0.3 $2.2M 107k 20.54
Qlik Technologies 0.3 $2.2M 83k 26.00
Seagate Technology Com Stk 0.3 $2.1M 144k 14.41
SouFun Holdings 0.3 $2.1M 111k 18.66
Interoil Corp note 2.750%11/1 0.3 $2.1M 2.0M 1.04
Ens 0.3 $2.0M 35k 57.83
DemandTec 0.3 $2.1M 156k 13.16
National-Oilwell Var 0.3 $2.0M 25k 79.28
Pinnacle Entertainment 0.3 $2.0M 146k 13.64
Cliffs Natural Resources 0.3 $2.0M 20k 98.30
OfficeMax Incorporated 0.3 $2.0M 154k 12.94
Deckers Outdoor Corporation (DECK) 0.3 $1.9M 22k 86.15
Akamai Technologies (AKAM) 0.3 $1.8M 49k 38.00
Callaway Golf Company (MODG) 0.3 $1.8M 268k 6.82
Cemex SAB de CV (CX) 0.3 $1.8M 200k 8.93
Radware Ltd ord (RDWR) 0.3 $1.7M 48k 35.43
Office Depot 0.3 $1.7M 361k 4.63
Monster Worldwide 0.3 $1.7M 107k 15.90
PMC-Sierra 0.3 $1.7M 227k 7.51
ON Semiconductor (ON) 0.2 $1.6M 167k 9.86
RadioShack Corporation 0.2 $1.5M 103k 15.01
Fortune Brands 0.2 $1.5M 25k 61.88
Align Technology (ALGN) 0.2 $1.6M 78k 20.48
TiVo 0.2 $1.5M 176k 8.74
Liberty Global 0.2 $1.4M 35k 41.40
Aeropostale 0.2 $1.5M 60k 24.32
Allscripts Healthcare Solutions (MDRX) 0.2 $1.4M 68k 20.99
Hertz Global Holdings 0.2 $1.3M 86k 15.63
Atmel Corporation 0.2 $1.4M 100k 13.63
DreamWorks Animation SKG 0.2 $1.4M 50k 27.94
Tenet Healthcare Corporation 0.2 $1.3M 173k 7.45
American Tower Corporation 0.2 $1.3M 25k 51.83
Nalco Holding Company 0.2 $1.3M 48k 27.31
Cott Corp 0.2 $1.3M 152k 8.40
Marathon Oil Corporation (MRO) 0.2 $1.3M 25k 53.32
American Eagle Outfitters (AEO) 0.2 $1.2M 78k 15.89
New Oriental Education & Tech 0.2 $1.2M 12k 100.03
Tidewater 0.2 $1.2M 20k 59.85
Collective Brands 0.2 $1.2M 54k 21.57
SanDisk Corporation 0.2 $1.2M 25k 46.08
China MediaExpress Holdings 0.2 $1.2M 100k 11.88
Ingram Micro 0.2 $1.1M 53k 21.04
Southwestern Energy Company (SWN) 0.2 $1.1M 25k 42.96
Oshkosh Corporation (OSK) 0.2 $1.0M 29k 35.37
Catalyst Health Solutions 0.2 $1.0M 19k 55.94
Perfect World 0.1 $954k 45k 21.20
VMware 0.1 $962k 12k 81.53
STR Holdings 0.1 $959k 50k 19.18
Valeant Pharmaceuticals Int 0.1 $961k 19k 49.79
Holly Corporation 0.1 $911k 15k 60.73
DG FastChannel 0.1 $827k 26k 32.20
General Electric Company 0.1 $752k 38k 20.05
Citrix Systems 0.1 $701k 9.5k 73.43
Odyssey Marine Exploration 0.1 $724k 235k 3.08
TIM Participacoes SA 0.1 $655k 15k 43.67
Lkd Barclays Bk Plc Ipath S&p Etn etf 0.1 $677k 12k 55.04
Youku 0.1 $664k 14k 47.54
Zagg 0.1 $638k 85k 7.51
Potash Corp. Of Saskatchewan I 0.1 $589k 10k 58.90
Charming Shoppes 0.1 $617k 145k 4.26
Urban Outfitters (URBN) 0.1 $597k 20k 29.85
Veeco Instruments (VECO) 0.1 $610k 12k 50.83
Barclays Bk Plc ipth s^p vix 0.1 $587k 20k 29.35
H&R Block (HRB) 0.1 $552k 33k 16.73
Freeport-McMoRan Copper & Gold (FCX) 0.1 $556k 10k 55.60
Saks Incorporated 0.1 $506k 45k 11.32
Volterra Semiconductor Corporation 0.1 $502k 20k 24.85
Sourcefire 0.1 $550k 20k 27.50
Concord Medical Services Holding (CCM) 0.1 $424k 75k 5.65
Apollo 0.1 $313k 7.5k 41.73
Terremark Worldwide 0.1 $314k 17k 19.03
Richardson Electronics (RELL) 0.1 $299k 23k 13.20
Acme Packet 0.1 $355k 5.0k 70.99
OpenTable 0.1 $301k 2.8k 106.25
Neutral Tandem 0.0 $244k 17k 14.78
Tier Technologies (TIER) 0.0 $269k 49k 5.49
Mechel Oao spon adr p 0.0 $265k 24k 10.91
Harbin Electric 0.0 $207k 10k 20.70
HCP 0.0 $201k 5.3k 37.92
Puda Coal (PUDA) 0.0 $214k 18k 12.23
Fushi Copperweld 0.0 $160k 20k 8.00
Entropic Communications 0.0 $127k 15k 8.47
China Green Agriculture 0.0 $69k 10k 6.90
Wonder Auto Technology 0.0 $68k 13k 5.44
China Valves Technology 0.0 $58k 13k 4.64
Ym Biosciences 0.0 $53k 20k 2.65
Lihua International 0.0 $88k 10k 8.80
Deer Consumer Products (DEER) 0.0 $80k 11k 7.27