Merus N.V. (Common Stock, CUSIP N5749R100) is the subject of a Schedule 13G/A filed by Wellington entities reporting aggregate beneficial ownership of 3,726,723 shares, representing 5.01% of the class. The filing shows shared voting power of 3,358,050 shares and shared dispositive power of 3,726,723 shares, with no sole voting or dispositive power reported. The securities are owned of record by clients of Wellington's investment advisers and are described as held in the ordinary course of business; the filing certifies they were not acquired to change or influence control of the issuer.
Positive
Aggregate beneficial ownership of 3,726,723 shares is disclosed, providing clear institutional interest in Merus N.V.
Holdings are record-owned by clients of Wellington's investment advisers, indicating diversified client ownership rather than a single controlling investor.
Negative
No sole voting or dispositive power is reported, indicating Wellington does not claim direct unilateral control over Merus voting outcomes.
Filing certifies shares were not acquired to influence control, which limits the likelihood of activist governance actions as disclosed here.
Insights
Wellington discloses a 5.01% beneficial stake in Merus, held on behalf of clients with shared voting and dispositive powers.
The filing reports an aggregate beneficial ownership of 3,726,723 shares (5.01% of the class). Reported rights are shared voting power of 3,358,050 shares and shared dispositive power of 3,726,723 shares, with zero sole voting or dispositive power. Securities are held of record by clients of Wellington's investment advisers and are certified as held in the ordinary course of business and not for the purpose of influencing control. Crossing the 5% threshold triggered the Schedule 13G/A disclosure; absent other information in the filing, this should be viewed as a reported institutional position rather than an activist stake.
Position exceeds the 5% reporting threshold but the filing disclaims intent to influence issuer control.
The filing identifies multiple Wellington entities as reporting persons and documents that the shares are owned of record by clients of Wellington Investment Advisers. The statement explicitly certifies the securities were acquired and are held in the ordinary course of business and were not acquired to change or influence control. Reported metrics include 3,726,723 shares beneficially owned and 3,358,050 shares of shared voting power. From a governance perspective, the lack of sole voting or dispositive power and the ordinary-course certification indicate limited direct governance leverage disclosed in this filing.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 2)
Merus N.V.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
N5749R100
(CUSIP Number)
06/30/2025
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
SCHEDULE 13G
CUSIP No.
N5749R100
1
Names of Reporting Persons
Wellington Management Group LLP
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
MASSACHUSETTS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
3,358,050.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
3,726,723.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
3,726,723.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.0 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
CUSIP No.
N5749R100
1
Names of Reporting Persons
Wellington Group Holdings LLP
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
3,358,050.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
3,726,723.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
3,726,723.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.0 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
CUSIP No.
N5749R100
1
Names of Reporting Persons
Wellington Investment Advisors Holdings LLP
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
3,358,050.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
3,726,723.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
3,726,723.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.0 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Merus N.V.
(b)
Address of issuer's principal executive offices:
YALELAAN 62, 3584 CM, Utrecht DE 3584 CM
Item 2.
(a)
Name of person filing:
Wellington Management Group LLP
Wellington Group Holdings LLP
Wellington Investment Advisors Holdings LLP
(b)
Address or principal business office or, if none, residence:
c/o Wellington Management Company LLP, 280 Congress Street, Boston MA 02210
(c)
Citizenship:
Wellington Management Group LLP - Massachusetts
Wellington Group Holdings LLP - Delaware
Wellington Investment Advisors Holdings LLP - Delaware
(d)
Title of class of securities:
Common Stock
(e)
CUSIP No.:
N5749R100
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
See the responses to Item 9 on the attached cover pages.
(b)
Percent of class:
5.01 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
0
(ii) Shared power to vote or to direct the vote:
See the responses to Item 6 on the attached cover pages.
(iii) Sole power to dispose or to direct the disposition of:
0
(iv) Shared power to dispose or to direct the disposition of:
See the responses to Item 8 on the attached cover pages.
Item 5.
Ownership of 5 Percent or Less of a Class.
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
The securities as to which this Schedule is filed are owned of record by clients of one or more investment advisers identified in Item 7 directly or indirectly owned by Wellington Management Group LLP. Those clients have the right to receive, or the power to direct the receipt of, dividends from, or the proceeds from the sale of, such securities. No such client is known to have such right or power with respect to more than five percent of this class of securities, except as follows:
Not Applicable.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
Pursuant to the instructions in Item 7 of Schedule 13G, the following lists the identity and Item 3 classification of each relevant entity that beneficially owns shares of the security class being reported on this Schedule 13G.
Wellington Group Holdings LLP - HC
Wellington Investment Advisors LLP - HC
Wellington Management Global Holdings, Ltd. - HC
One or more of the following investment advisers (the "Wellington Investment Advisers"):
Wellington Management Company LLP - IA
Wellington Management Canada LLC - IA
Wellington Management Singapore Pte Ltd - IA
Wellington Management Hong Kong Ltd - IA
Wellington Management International Ltd - IA
Wellington Management Japan Pte Ltd - IA
Wellington Management Australia Pty Ltd - IA
The securities as to which this Schedule is filed by Wellington Management Group LLP, as parent holding company of certain holding companies and the Wellington Investment Advisers, are owned of record by clients of the Wellington Investment Advisers. Wellington Investment Advisors Holdings LLP controls directly, or indirectly through Wellington Management Global Holdings, Ltd., the Wellington Investment Advisers. Wellington Investment Advisors Holdings LLP is owned by Wellington Group Holdings LLP. Wellington Group Holdings LLP is owned by Wellington Management Group LLP.
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
How many Merus N.V. (MRUS) shares does Wellington report owning?
Wellington reports aggregate beneficial ownership of 3,726,723 shares of Merus N.V.
What percentage of MRUS does Wellington's position represent?
The filing reports that the position represents 5.01% of the class.
Does Wellington have sole voting power over any MRUS shares?
No. The filing shows sole voting power of 0 and shared voting power of 3,358,050.
Are the reported MRUS shares held for Wellington itself or for clients?
The securities are owned of record by clients of the Wellington Investment Advisers and are described as client-owned.
Was the MRUS position acquired to influence control of the company?
The filing includes a certification stating the securities were acquired and are held in the ordinary course of business and were not acquired to change or influence control of the issuer.
Which Wellington entities filed the Schedule 13G/A for MRUS?
The filing lists Wellington Management Group LLP, Wellington Group Holdings LLP, and Wellington Investment Advisors Holdings LLP as the reporting persons.