We are live on ! Find out more

3,328 hedge funds and large institutions have $158B invested in Merck in 2025 Q2 according to their latest regulatory filings, with 179 funds opening new positions, 1,298 increasing their positions, 1,536 reducing their positions, and 252 closing their positions.

New
Increased
Maintained
Reduced
Closed

3% more call options, than puts

Call options by funds: $2.52B | Put options by funds: $2.44B

0.28% less ownership

Funds ownership: 78.7%78.42% (-0.28%)

3% less funds holding

Funds holding: 3,4483,328 (-120)

13% less capital invested

Capital invested by funds: $181B → $158B (-$22.6B)

15% less repeat investments, than reductions

Existing positions increased: 1,298 | Existing positions reduced: 1,536

29% less first-time investments, than exits

New positions opened: 179 | Existing positions closed: 252

35% less funds holding in top 10

Funds holding in top 10: 6542 (-23)

Holders
3,328
Holders Change
-120
Holders Change %
-3.48%
% of All Funds
43.81%
Holding in Top 10
42
Holding in Top 10 Change
-23
Holding in Top 10 Change %
-35.38%
% of All Funds
0.55%
New
179
Increased
1,298
Reduced
1,536
Closed
252
Calls
$2.52B
Puts
$2.44B
Net Calls
+$82.4M
Net Calls Change
-$173M
Name Holding Trade Value Shares
Change
Change in
Stake
HWA
251
Heritage Wealth Advisors
Virginia
$46.7M +$1.9M +23,906 +4%
SMDAM
252
Sumitomo Mitsui DS Asset Management
Japan
$46.3M +$2.1M +26,413 +5%
VLKIM
253
Van Lanschot Kempen Investment Management
Netherlands
$45.8M +$6.02M +75,696 +15%
AT
254
AMF Tjänstepension
Sweden
$45.7M -$116M -1,453,467 -72%
TAF
255
Tredje AP-fonden
Sweden
$45.5M -$27.6M -347,631 -38%
DCP
256
Distillate Capital Partners
Illinois
$44.8M -$4.62M -58,061 -9%
AAF
257
Andra AP-fonden
Sweden
$44.5M -$7.95K -100 -0%
Public Sector Pension Investment Board (PSP Investments)
258
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$44.5M -$38.7M -487,356 -46%
Daiwa Securities Group
259
Daiwa Securities Group
Japan
$44.1M +$2.18M +27,454 +5%
IC
260
IEQ Capital
California
$44M +$27.7M +348,203 +167%
1832 Asset Management
261
1832 Asset Management
Ontario, Canada
$43.8M +$6.17M +77,646 +16%
RT
262
Rockland Trust
Massachusetts
$43.6M +$4.53M +57,044 +12%
BPCE
263
Bank Pictet & Cie (Europe)
Germany
$43.5M +$269K +3,387 +0.6%
DADC
264
D.A. Davidson & Co
Montana
$43.2M -$480K -6,034 -1%
IMRF
265
Illinois Municipal Retirement Fund
Illinois
$43.1M +$8.06M +101,356 +23%
Janus Henderson Group
266
Janus Henderson Group
United Kingdom
$42.9M -$177M -2,223,249 -80%
FWIA
267
Fort Washington Investment Advisors
Ohio
$42.8M +$468K +5,890 +1%
Retirement Systems of Alabama
268
Retirement Systems of Alabama
Alabama
$42.7M -$380K -4,775 -0.9%
WT
269
Whittier Trust
California
$42.6M +$2.24M +28,237 +6%
KCM
270
Kornitzer Capital Management
Kansas
$42.6M +$893K +11,234 +2%
GIA
271
Gateway Investment Advisers
Ohio
$42.2M -$6.51M -81,931 -13%
QCM
272
QRG Capital Management
Illinois
$42.1M +$661K +8,319 +2%
AIM
273
ARGA Investment Management
Connecticut
$41.5M +$31.5M +395,755 +309%
RCM
274
Radnor Capital Management
Pennsylvania
$41.4M +$1.21M +15,210 +3%
OAM
275
Oppenheimer Asset Management
New York
$41.2M +$3.45M +43,410 +9%

MRK Hedge Fund Activity: Q2 2025 in Review

3,328 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Merck (MRK) for Q2 2025, worth a combined $158B — down 13% from $181B a quarter earlier.

Sellers outnumbered buyers: 252 funds closed out of MRK and 179 opened new positions — a net loss of 73 holders — while 1,536 trimmed existing stakes and 1,298 added.

The largest buyer was Franklin Resources, adding an estimated $408M. The largest seller was Raymond James Financial, cutting an estimated $636M.

  • 3,328 institutional investors held Merck (MRK) as of Q2 2025, down from 3,448 in Q1 2025.
  • Funds reported $158B of Merck stock for Q2 2025, down 13% quarter-over-quarter.
  • 179 funds opened new Merck positions in Q2 2025 and 252 closed out, a net change of -73 holders.
  • The largest Merck buyer in Q2 2025 was Franklin Resources, an estimated $408M added.
  • The largest Merck seller in Q2 2025 was Raymond James Financial, an estimated $636M sold.

Based on aggregated 13F filings for Q2 2025.