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1,621 hedge funds and large institutions have $127B invested in Merck in 2014 Q2 according to their latest regulatory filings, with 86 funds opening new positions, 615 increasing their positions, 679 reducing their positions, and 58 closing their positions.

New
Increased
Maintained
Reduced
Closed

48% more first-time investments, than exits

New positions opened: 86 | Existing positions closed: 58

13% more call options, than puts

Call options by funds: $849M | Put options by funds: $749M

1% more funds holding

Funds holding: 1,6021,621 (+19)

2% more capital invested

Capital invested by funds: $125B → $127B (+$2.09B)

0.29% more ownership

Funds ownership: 77.96%78.25% (+0.29%)

9% less repeat investments, than reductions

Existing positions increased: 615 | Existing positions reduced: 679

5% less funds holding in top 10

Funds holding in top 10: 147140 (-7)

Holders
1,621
Holders Change
+19
Holders Change %
+1.19%
% of All Funds
46.57%
Holding in Top 10
140
Holding in Top 10 Change
-7
Holding in Top 10 Change %
-4.76%
% of All Funds
4.02%
New
86
Increased
615
Reduced
679
Closed
58
Calls
$849M
Puts
$749M
Net Calls
+$101M
Net Calls Change
-$177M
Name Holding Trade Value Shares
Change
Change in
Stake
State Farm Mutual Automobile Insurance
26
State Farm Mutual Automobile Insurance
Illinois
$876M
Legal & General Group
27
Legal & General Group
United Kingdom
$803M +$11.5M +210,563 +1%
ClearBridge Investments
28
ClearBridge Investments
New York
$796M -$13.6M -249,348 -2%
PNC Financial Services Group
29
PNC Financial Services Group
Pennsylvania
$697M -$5.44M -99,707 -0.8%
Wells Fargo
30
Wells Fargo
California
$665M -$26.1M -477,547 -4%
BIM
31
BlackRock Investment Management
Delaware
$652M +$1.35M +24,793 +0.2%
Massachusetts Financial Services
32
Massachusetts Financial Services
Massachusetts
$648M +$4.06M +74,353 +0.6%
Capital International Investors
33
Capital International Investors
California
$636M +$10.9M +200,535 +2%
UBS AM
34
UBS AM
Illinois
$623M -$75.3M -1,380,587 -11%
Federated Hermes
35
Federated Hermes
Pennsylvania
$616M +$30.9M +567,115 +5%
AllianceBernstein
36
AllianceBernstein
Tennessee
$591M -$14.9M -272,346 -2%
MAA
37
Managed Account Advisors
New Jersey
$590M +$14.6M +267,076 +3%
Morgan Stanley
38
Morgan Stanley
New York
$581M +$14.6M +267,251 +3%
U
39
UBS
Switzerland
$573M -$24.3M -445,349 -4%
Schroder Investment Management Group
40
Schroder Investment Management Group
United Kingdom
$556M +$93.5M +1,713,358 +20%
Royal Bank of Canada
41
Royal Bank of Canada
Ontario, Canada
$552M +$44.3M +812,814 +9%
IIS
42
Ignis Investment Services
United Kingdom
$546M -$30.9M -567,253 -36%
EVM
43
Eaton Vance Management
Massachusetts
$543M +$19.8M +362,306 +4%
California Public Employees Retirement System
44
California Public Employees Retirement System
California
$541M -$8.49M -155,696 -2%
New York State Common Retirement Fund
45
New York State Common Retirement Fund
New York
$538M +$2.87M +52,591 +0.5%
Allianz Asset Management
46
Allianz Asset Management
Germany
$514M -$69.4M -1,272,096 -12%
Charles Schwab
47
Charles Schwab
California
$511M +$69M +1,264,225 +16%
BlackRock
48
BlackRock
New York
$491M -$16.7M -306,792 -3%
APG Asset Management
49
APG Asset Management
Netherlands
$488M +$62.2M +1,140,246 +15%
Macquarie Group
50
Macquarie Group
Australia
$468M -$10.6M -193,510 -2%

MRK Hedge Fund Activity: Q2 2014 in Review

1,621 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in Merck (MRK) for Q2 2014, worth a combined $127B — up 1.7% from $125B a quarter earlier.

Buyers outnumbered sellers: 86 funds opened new MRK positions and 58 closed out — a net gain of 28 holders — while 615 added to existing stakes and 679 trimmed.

The largest buyer was Norges Bank, adding an estimated $1.27B. The largest seller was Fidelity Investments, cutting an estimated $623M.

  • 1,621 institutional investors held Merck (MRK) as of Q2 2014, up from 1,602 in Q1 2014.
  • Funds reported $127B of Merck stock for Q2 2014, up 1.7% quarter-over-quarter.
  • 86 funds opened new Merck positions in Q2 2014 and 58 closed out, a net change of +28 holders.
  • The largest Merck buyer in Q2 2014 was Norges Bank, an estimated $1.27B added.
  • The largest Merck seller in Q2 2014 was Fidelity Investments, an estimated $623M sold.

Based on aggregated 13F filings for Q2 2014.