Elm Ridge Management’s Merck MRK Stock Holding History

Elm Ridge Management’s Portfolio MRK Stock Details MRK Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q2	–	Sell	-433,500	Closed	-$23.8M	–	36
2015 Q1	$23.8M	Sell	433,500 -26,878	-6%	-$1.52M	2.48%	13
2014 Q4	$24.9M	Buy	460,378 +44,960	+11%	+$2.5M	2.38%	14
2014 Q3	$23.5M	Sell	415,418 -118,819	-22%	-$6.67M	2.33%	18
2014 Q2	$29.5M	Sell	534,237 -12,397	-2%	-$676K	2.79%	9
2014 Q1	$29.6M	Buy	546,634 +51,606	+10%	+$2.67M	2.99%	11
2013 Q4	$23.6M	Sell	495,028 -101,082	-17%	-$4.62M	2.89%	10
2013 Q3	$27.1M	Sell	596,110 -28,440	-5%	-$1.3M	2.94%	8
2013 Q2	$27.7M	Buy	+624,550	New	+$27.9M	3.26%	8

Other funds holding MRK

Wellington Management Group Boston, Massachusetts $535B AUM 26.23% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Capital World Investors Los Angeles, California $733B AUM 35.63% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

Bank of New York Mellon New York $544B AUM 28.31% 1-Year Est. Return

Franklin Resources San Mateo, California $408B AUM 30.18% 1-Year Est. Return

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

Northern Trust Chicago, Illinois $757B AUM 28.64% 1-Year Est. Return

BFA

BlackRock Fund Advisors San Francisco, California $542B AUM 18.13% 1-Year Est. Return

Elm Ridge Management's MRK Position: Q2 2015 in Review

Elm Ridge Management sold out of Merck (MRK) in Q2 2015, closing a stake of 433,500 shares — an estimated $23.8M sold.

Elm Ridge Management first reported a position in MRK in Q2 2013 and held it in 8 quarters. The position peaked at $29.6M in Q1 2014. 1,724 funds tracked by Wall St. Rank hold MRK as of Q2 2015.

Elm Ridge Management reported no remaining Merck position as of Q2 2015 after selling out during the quarter.
Elm Ridge Management sold 433,500 Merck shares in Q2 2015, an estimated $23.8M.
Elm Ridge Management first reported a position in Merck in Q2 2013 and held it in 8 quarters.
Elm Ridge Management's Merck position peaked at $29.6M in Q1 2014.
1,724 funds tracked by Wall St. Rank held Merck as of Q2 2015.

Based on Elm Ridge Management's 13F filing for Q2 2015, filed 14 Aug 2015.