Merck & Co., Inc. MRK Healthcare $324.1B 89 Wide moat Meridian Holdings Inc./NV MRDN Technology $168M 44 Shallow moat MERIT MEDICAL SYSTEMS INC MMSI Healthcare $4.4B 58 Shallow moat MESA LABORATORIES, INC. MLAB Industrials $539M 54 Shallow moat Meta Platforms, Inc. META Technology $1.53T 98 Wide moat METALLUS INC. MTUS Industrials Not reported 29 No moat METHODE ELECTRONICS, INC. MEI Technology Not reported 43 Shallow moat Mettler-Toledo International Inc. MTD Healthcare $27.0B 82 Wide moat MEXCO ENERGY CORPORATION MXC Materials $18.7M 38 No moat MGM Resorts International MGM Consumer Discretionary $11.8B 44 Shallow moat MGP INGREDIENTS, INC. MGPI Industrials $377M 33 No moat MIAMI BREEZE CAR CARE INC. MIBE Consumer Discretionary $37.4M 44 Shallow moat Miami International Holdings, Inc. MIAX Other $3.7B 38 No moat MicroAlgo Inc. MLGO Technology $183M 39 No moat Microalliance Group Inc. MALG Consumer Staples Not reported 77 Narrow moat MicroCloud Hologram Inc. HOLO Technology Not reported 46 Shallow moat Micron Technology, Inc. MU Technology $1.03T 62 Narrow moat MICROSOFT CORPORATION MSFT Technology $2.84T 98 Wide moat MIDDLESEX WATER COMPANY MSEX Utilities $1.0B 44 Shallow moat Milestone Scientific Inc. MLSS Healthcare $31.4M 38 No moat MILLER INDUSTRIES, INC. MLR Consumer Discretionary $584M 57 Shallow moat MillerKnoll, Inc. MLKN Materials $1.5B 32 No moat MIMEDX GROUP, INC. MDXG Healthcare $622M 84 Wide moat MIND TECHNOLOGY, INC MIND Healthcare $50.4M 56 Shallow moat MINERALRITE CORPORATION RITE Materials $13M 35 No moat MINERALS TECHNOLOGIES INC. MTX Materials $2.3B 58 Shallow moat MiniMed Group, Inc. MMED Healthcare $4.7B 49 Shallow moat Mirion Technologies, Inc. MIR Healthcare Not reported 50 Shallow moat MISSION PRODUCE, INC. AVO Agriculture $876M 32 No moat Mistras Group, Inc. MG Consumer Discretionary Not reported 34 No moat MITEK SYSTEMS, INC. MITK Technology $770M 49 Shallow moat MKS INC MKSI Industrials $22.1B 44 Shallow moat MNTN, Inc. MNTN Technology $141M 78 Narrow moat MOBILE GLOBAL ESPORTS INC. MGAM Communications $27937 36 No moat Mobileye Global Inc. MBLY Technology Not reported 45 Shallow moat Moderna, Inc. MRNA Healthcare $21.3B 35 No moat Modine Manufacturing Company MOD Consumer Discretionary $12.8B 59 Shallow moat MODULINK INC. MDLK Consumer Discretionary $1.6M 41 Shallow moat MOHAWK INDUSTRIES, INC. MHK Consumer Discretionary Not reported 40 No moat MOLSON COORS BEVERAGE CO TAP Consumer Staples Not reported 32 No moat Momentus Inc. MNTS Consumer Discretionary Not reported 33 No moat MONARCH CASINO & RESORT, INC MCRI Consumer Discretionary $2.1B 55 Shallow moat Mondelez International, Inc. MDLZ Consumer Staples $77.6B 40 Shallow moat MONGODB, INC. MDB Technology $24.0B 43 Shallow moat MONOLITHIC POWER SYSTEMS INC MPWR Technology $63.9B 90 Wide moat Monro, Inc. MNRO Consumer Discretionary $504M 45 Shallow moat Monster Beverage Corp MNST Consumer Staples $91.4B 93 Wide moat MONTAUK RENEWABLES, INC. MNTK Utilities $268M 22 No moat Monte Rosa Therapeutics, Inc. GLUE Healthcare $1.5B 37 No moat MOODY'S CORPORATION MCO Technology $83.6B 93 Wide moat MORNINGSTAR, INC. MORN Other $6.9B 90 Wide moat MOSAIC CO MOS Materials $7.1B 28 No moat MOTORCAR PARTS OF AMERICA, INC. MPAA Consumer Discretionary $261M 52 Shallow moat MOTOROLA SOLUTIONS, INC. MSI Technology $69.2B 79 Narrow moat Motorsport Games Inc. MSGM Technology $21.2M 50 Shallow moat MOVADO GROUP, INC. MOV Healthcare $826M 56 Shallow moat MOVING iMAGE TECHNOLOGIES INC. MITQ Healthcare $5.1M 36 No moat MP Materials Corp. / DE MP Materials $7.3B 33 No moat MSA Safety Inc MSA Healthcare $6.8B 74 Narrow moat MSC INDUSTRIAL DIRECT CO., INC. MSM Industrials $7.0B 62 Narrow moat MSCI INC. MSCI Technology $40.5B 85 Wide moat MUELLER INDUSTRIES INC MLI Industrials $7.1B 76 Narrow moat MUELLER WATER PRODUCTS, INC. MWA Industrials $3.9B 71 Narrow moat MURPHY OIL CORPORATION MUR Materials $5.6B 50 Shallow moat MURPHY USA INC. MUSA Consumer Discretionary Not reported 74 Narrow moat MY SIZE, INC. MYSZ Technology $1.9M 40 Shallow moat Myers Industries, Inc. MYE Materials $1.2B 48 Shallow moat MYOMO, INC. MYO Healthcare $37.3M 52 Shallow moat MYR GROUP INC. MYRG Industrials $5.9B 69 Narrow moat MYRIAD GENETICS, INC. MYGN Healthcare $525M 45 Shallow moat MYSEUM.AI, INC. MYSE Communications $10.5M 19 No moat N-able, Inc. NABL Technology $762M 47 Shallow moat NABORS INDUSTRIES LTD NBR Materials $1.3B 42 Shallow moat NACCO INDUSTRIES, INC. NC Materials $350M 30 No moat NAPC Defense, Inc. BLIS Technology $3.3M 43 Shallow moat NAPCO SECURITY TECHNOLOGIES, INC NSSC Technology $1.3B 82 Wide moat Nasdaq, Inc. NDAQ Other $52.5B 55 Shallow moat NATERA, INC. NTRA Healthcare $36.6B 41 Shallow moat NATHAN’S FAMOUS, INC. NATH Consumer Discretionary $402M 81 Wide moat National Beverage Corp. FIZZ Consumer Staples $2.9B 77 Narrow moat NATIONAL CINEMEDIA, INC. NCMI Technology $352M 50 Shallow moat NATIONAL ENERGY SERVICES REUNITED CORP. NESR Materials $2.8B 33 No moat NATIONAL FUEL GAS CO NFG Utilities $7.5B 53 Shallow moat NATIONAL HEALTHCARE CORP NHC Healthcare $3.5B 60 Narrow moat NATIONAL PRESTO INDUSTRIES INC NPK Industrials $886M 45 Shallow moat National Vision Holdings, Inc. EYE Healthcare $1.6B 58 Shallow moat NATURAL ALTERNATIVES INTERNATIONAL INC NAII Healthcare $14.8M 37 No moat NATURAL GAS SERVICES GROUP, INC. NGS Materials $459M 37 No moat Natural Grocers by Vitamin Cottage, Inc. NGVC Consumer Discretionary $689M 70 Narrow moat Natural Health Trends Corp. NHTC Industrials Not reported 43 Shallow moat NATURE’S MIRACLE HOLDING INC. NMHI Industrials $112853 21 No moat NATURES SUNSHINE PRODUCTS INC NATR Healthcare $357M 75 Narrow moat Nauticus Robotics, Inc. KITT Industrials $32.9M 17 No moat NAVAN, INC. NAVN Technology Not reported 66 Narrow moat nCino, Inc. NCNO Technology $1.9B 46 Shallow moat NCR VOYIX CORPORATION VYX Technology $1.1B 40 No moat NCS Multistage Holdings, Inc. NCSM Materials $120M 60 Shallow moat NEKTAR THERAPEUTICS NKTR Healthcare $1.4B 39 No moat Neogen Corporation NEOG Healthcare $2.0B 45 Shallow moat NEOGENOMICS, INC. NEO Consumer Discretionary $1.8B 36 No moat