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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
CIM
301
Corda Investment Management
Texas
$46M
P
302
PensionDanmark
Denmark
$45.9M
Vontobel Holding
303
Vontobel Holding
Switzerland
$45.6M
KBG
304
Kahn Brothers Group
New York
$45.3M
AAF
305
Andra AP-fonden
Sweden
$45.1M
SCI
306
S&CO Inc
Massachusetts
$44.8M
EDRH
307
Edmond de Rothschild Holding
Switzerland
$44.7M
FT
308
Fiduciary Trust
Massachusetts
$44.6M
RBI
309
Raiffeisen Bank International
Austria
$44.6M
UIM
310
USS Investment Management
United Kingdom
$44.5M
Cambridge Investment Research Advisors
311
Cambridge Investment Research Advisors
Iowa
$44.4M
FFM
312
FengHe Fund Management
Singapore
$44.3M
QCM
313
QRG Capital Management
Illinois
$44.2M
CCMIC
314
Cardinal Capital Management Inc (Canada)
Manitoba, Canada
$44M
Northwestern Mutual Wealth Management
315
Northwestern Mutual Wealth Management
Wisconsin
$43.8M
URS
316
Utah Retirement Systems
Utah
$43.8M
VDI
317
Vaughan David Investments
Illinois
$43.6M
X
318
Xponance
Pennsylvania
$43.5M
MML Investors Services
319
MML Investors Services
Massachusetts
$43.4M
SAI
320
Systematic Alpha Investments
New Jersey
$43.2M
NIM
321
NEOS Investment Management
Connecticut
$43.1M
VMPIC
322
Varma Mutual Pension Insurance Co
Finland
$41.8M
NA
323
NewEdge Advisors
Louisiana
$41.7M
CIBC Private Wealth Group
324
CIBC Private Wealth Group
Georgia
$41.7M
PFSRSONJ
325
Police & Firemen's Retirement System of New Jersey
New Jersey
$40.7M