Merck
MRK
2,008 hedge funds and large institutions have $114B invested in Merck in 2017 Q4 according to their latest regulatory filings, with 232 funds opening new positions, 753 increasing their positions, 820 reducing their positions, and 127 closing their positions.
83% more first-time investments, than exits
New positions opened: 232 | Existing positions closed: 127
4% more funds holding
Funds holding: 1,923 → 2,008 (+85)
0.61% less ownership
Funds ownership: 78.3% → 77.69% (-0.61%)
8% less repeat investments, than reductions
Existing positions increased: 753 | Existing positions reduced: 820
9% less call options, than puts
Call options by funds: $1.16B | Put options by funds: $1.28B
13% less capital invested
Capital invested by funds: $130B → $114B (-$16.8B)
39% less funds holding in top 10
Funds holding in top 10: 117 → 71 (-46)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$926M |
| 2 |
AIG
American International Group
New York
|
+$483M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$453M |
| 4 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$344M |
| 5 |
D.E. Shaw & Co
New York
|
+$322M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$669M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$566M |
| 3 |
Sanders Capital
West Palm Beach,
Florida
|
-$357M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$334M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$284M |
MRK Hedge Fund Activity: Q4 2017 in Review
2,008 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in Merck (MRK) for Q4 2017, worth a combined $114B — down 13% from $130B a quarter earlier.
Buyers outnumbered sellers: 232 funds opened new MRK positions and 127 closed out — a net gain of 105 holders — while 753 added to existing stakes and 820 trimmed.
The largest buyer was Franklin Resources, adding an estimated $926M. The largest seller was Wellington Management Group, cutting an estimated $669M.
- 2,008 institutional investors held Merck (MRK) as of Q4 2017, up from 1,923 in Q3 2017.
- Funds reported $114B of Merck stock for Q4 2017, down 13% quarter-over-quarter.
- 232 funds opened new Merck positions in Q4 2017 and 127 closed out, a net change of +105 holders.
- The largest Merck buyer in Q4 2017 was Franklin Resources, an estimated $926M added.
- The largest Merck seller in Q4 2017 was Wellington Management Group, an estimated $669M sold.
Based on aggregated 13F filings for Q4 2017.