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3,648 hedge funds and large institutions have $207B invested in Merck in 2025 Q4 according to their latest regulatory filings, with 544 funds opening new positions, 1,372 increasing their positions, 1,398 reducing their positions, and 131 closing their positions.

New
Increased
Maintained
Reduced
Closed

more first-time investments, than exits

New positions opened: | Existing positions closed:

more funds holding in top 10

Funds holding in top 10:

more call options, than puts

Call options by funds: $ | Put options by funds: $

more capital invested

Capital invested by funds: $ → $

10% more funds holding

Funds holding: 3,3073,648 (+341)

2.9% more ownership

Funds ownership: 76.23%79.13% (+2.9%)

2% less repeat investments, than reductions

Existing positions increased: 1,372 | Existing positions reduced: 1,398

Holders
3,648
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
77
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$3.76B
Puts
$2.62B
Net Calls
Net Calls Change

Top Buyers

1 +$1.05B
2 +$696M
3 +$567M
4
Citadel Advisors
Citadel Advisors
Florida
+$549M
5
Jennison Associates
Jennison Associates
New York
+$522M
Name Holding Trade Value Shares
Change
Change in
Stake
CCA
3001
Cadent Capital Advisors
Oklahoma
$310K
DA
3002
Detalus Advisors
Missouri
$309K
TFG
3003
Tilson Financial Group
New Jersey
$309K
KWM
3004
Kaydan Wealth Management
Michigan
$308K
BW
3005
BXM Wealth
Colorado
$307K
RC
3006
Reik & Co
New York
$307K
MWM
3007
Maridea Wealth Management
New York
$307K
NC
3008
North Capital
Utah
$306K
KPWG
3009
KFA Private Wealth Group
Virginia
$305K
IWM
3010
Integris Wealth Management
California
$304K
SIS
3011
Strategic Investment Solutions
Illinois
$304K
GAM
3012
Grandview Asset Management
Pennsylvania
$304K
PFG
3013
PAX Financial Group
Texas
$304K
MAM
3014
MMA Asset Management
Pennsylvania
$304K
MMHP
3015
Murphy Middleton Hinkle & Parker
Georgia
$303K
ES
3016
ETF Store
Kansas
$303K
A
3017
AlphaQuest
New York
$302K
TWD
3018
True Wealth Design
Ohio
$302K
ANB
3019
Amarillo National Bank
Texas
$302K
CCP
3020
Cane Capital Partners
Louisiana
$302K
MAA
3021
Matrix Asset Advisors
New York
$301K
MHWM
3022
Montz Harcus Wealth Management
Louisiana
$301K
WAM
3023
Walker Asset Management
Missouri
$301K
TWA
3024
Talisman Wealth Advisors
New Jersey
$300K
CNBOF
3025
City National Bank of Florida
Florida
$300K