Parnassus Investments
MRK icon

Parnassus Investments’s Merck MRK Stock Holding History

Parnassus Investments’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
2023
Q3 		– Sell
-1,337,970
Closed -$154M – 143
2023
Q2 		$154M Sell
1,337,970
-593,737
-31% -$67.4M 0.36% 58
2023
Q1 		$206M Hold
1,931,707
– – 0.51% 50
2022
Q4 		$214M Sell
1,931,707
-374,841
-16% -$38.3M 0.53% 48
2022
Q3 		$199M Hold
2,306,548
– – 0.52% 52
2022
Q2 		$210M Hold
2,306,548
– – 0.5% 50
2022
Q1 		$189M Hold
2,306,548
– – 0.38% 56
2021
Q4 		$177M Buy
2,306,548
+349,615
+18% +$27.8M 0.34% 63
2021
Q3 		$147M Buy
1,956,933
+249,631
+15% +$19M 0.31% 64
2021
Q2 		$133M Buy
+1,707,302
New +$127M 0.29% 74

Other funds holding MRK

Vanguard Group
Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return
BlackRock
BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return
State Street
State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return
Wellington Management Group
Wellington Management Group Boston, Massachusetts $580B AUM 38.23% 1-Year Est. Return
Geode Capital Management
Geode Capital Management Boston, Massachusetts $1.88T AUM 44.46% 1-Year Est. Return
Morgan Stanley
Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return
Fidelity Investments
Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return
Bank of America
Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return
Charles Schwab
Charles Schwab San Francisco, California $751B AUM 38.74% 1-Year Est. Return
Northern Trust
Northern Trust Chicago, Illinois $860B AUM 41.15% 1-Year Est. Return

Parnassus Investments's MRK Position: Q3 2023 in Review

Parnassus Investments sold out of Merck (MRK) in Q3 2023, closing a stake of 1,337,970 shares — an estimated $154M sold.

Parnassus Investments first reported a position in MRK in Q2 2021 and held it in 9 quarters. The position peaked at $214M in Q4 2022. 3,215 funds tracked by Wall St. Rank hold MRK as of Q3 2023.

  • Parnassus Investments reported no remaining Merck position as of Q3 2023 after selling out during the quarter.
  • Parnassus Investments sold 1,337,970 Merck shares in Q3 2023, an estimated $154M.
  • Parnassus Investments first reported a position in Merck in Q2 2021 and held it in 9 quarters.
  • Parnassus Investments's Merck position peaked at $214M in Q4 2022.
  • 3,215 funds tracked by Wall St. Rank held Merck as of Q3 2023.

Based on Parnassus Investments's 13F filing for Q3 2023, filed 8 Nov 2023.