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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
AWM
3401
Altus Wealth Management
Kentucky
-$589K -6,557 Closed
RCA
3402
Roberts Capital Advisors
Colorado
-$551K -6,141 Closed
SMH
3403
Sanders Morris Harris
Texas
-$526K -5,983 Closed
FA
3404
Fermata Advisors
California
-$528K -5,886 Closed
PP
3405
Paloma Partners
Connecticut
-$528K -5,885 Closed
MIP
3406
Marietta Investment Partners
Wisconsin
-$519K -5,781 Closed
CFG
3407
Clayton Financial Group
Missouri
-$513K -5,718 Closed
VI
3408
Versor Investments
New York
-$509K -5,666 Closed
LIP
3409
Liontrust Investment Partners
United Kingdom
-$508K -5,660 Closed
RAM
3410
Readystate Asset Management
Illinois
-$503K -5,599 Closed
WCA
3411
Westover Capital Advisors
Delaware
-$502K -5,593 Closed
FBT
3412
First Bank & Trust
South Dakota
-$500K -5,566 Closed
PWP
3413
Perfromance Wealth Partners
Illinois
-$489K -5,450 Closed
CWA
3414
Centennial Wealth Advisory
Michigan
-$472K -5,254 Closed
AAMC
3415
Asset Allocation & Management Company
Illinois
-$472K -5,253 Closed
Fiera Capital (Canada)
3416
Fiera Capital (Canada)
Quebec, Canada
-$457K -5,094 Closed
CCA
3417
Corps Capital Advisors
Texas
-$453K -5,043 Closed
TR
3418
Tepp RIA
New Jersey
-$426K -4,745 Closed
TAM
3419
Titleist Asset Management
Texas
-$405K -4,510 Closed
LAS
3420
Legacy Advisory Services
Pennsylvania
-$403K -4,494 Closed
SAM
3421
Strive Asset Management
Ohio
-$403K -4,493 Closed
SIM
3422
SSI Investment Management
California
-$381K -4,241 Closed
WF
3423
Wayfinding Financial
Washington
-$383K -4,231 Closed
RS
3424
R Squared
Hong Kong
-$373K -4,150 Closed
CP
3425
CenterBook Partners
Connecticut
-$372K -4,146 Closed

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.