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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
BPCE
426
Bank Pictet & Cie (Europe)
Germany
$26.8M
NPF
427
Norris Perne & French
Michigan
$26.5M
CC
428
Cadinha & Co
Hawaii
$26.5M
WIC
429
Wilkins Investment Counsel
Massachusetts
$26.4M
CAU
430
Caxton Associates (UK)
$26.3M
IHAM
431
Integral Health Asset Management
New York
$26.3M
NAM
432
NorthCrest Asset Manangement
Minnesota
$26.2M
CVA
433
Ceredex Value Advisors
Florida
$26.2M
CAM
434
Cresset Asset Management
Illinois
$26.1M
BCP
435
Blue Chip Partners
Michigan
$25.8M
MWM
436
Moran Wealth Management
Florida
$24.9M
WSFS
437
Wilmington Savings Fund Society
Delaware
$24.9M
CGH
438
Crossmark Global Holdings
Texas
$24.8M
CIA
439
Concurrent Investment Advisors
Florida
$24.6M
CPCPP
440
Canada Post Corporation Pension Plan
Canada
$24.6M
RMA
441
Roffman Miller Associates
Pennsylvania
$24.4M
BMCM
442
Bryn Mawr Capital Management
Pennsylvania
$24.3M
BBHC
443
Brown Brothers Harriman & Co
New York
$24.2M
GGI
444
Godsey & Gibb Inc
Virginia
$24.2M
KFC
445
Klingenstein Fields & Co
New York
$24.2M
DILIC
446
Dai-ichi Life Insurance Company
Japan
$24.1M
HWM
447
HB Wealth Management
Georgia
$24M
EHC
448
Everett Harris & Co
California
$23.7M
ISL
449
Ingalls & Snyder LLC
New York
$23.4M
AP
450
Americana Partners
Texas
$23.2M