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2,251 hedge funds and large institutions have $150B invested in Merck in 2018 Q4 according to their latest regulatory filings, with 281 funds opening new positions, 741 increasing their positions, 963 reducing their positions, and 66 closing their positions.

New
Increased
Maintained
Reduced
Closed

326% more first-time investments, than exits

New positions opened: 281 | Existing positions closed: 66

76% more funds holding in top 10

Funds holding in top 10: 143251 (+108)

9% more funds holding

Funds holding: 2,0572,251 (+194)

6% more capital invested

Capital invested by funds: $142B → $150B (+$8.75B)

1.37% more ownership

Funds ownership: 78.66%80.03% (+1.4%)

3% more call options, than puts

Call options by funds: $1.91B | Put options by funds: $1.85B

23% less repeat investments, than reductions

Existing positions increased: 741 | Existing positions reduced: 963

Holders
2,251
Holders Change
+194
Holders Change %
+9.43%
% of All Funds
50.14%
Holding in Top 10
251
Holding in Top 10 Change
+108
Holding in Top 10 Change %
+75.52%
% of All Funds
5.59%
New
281
Increased
741
Reduced
963
Closed
66
Calls
$1.91B
Puts
$1.85B
Net Calls
+$56.3M
Net Calls Change
-$228M
Name Holding Trade Value Shares
Change
Change in
Stake
ClearBridge Investments
26
ClearBridge Investments
New York
$1.02B +$5.66M +80,229 +0.6%
AQR Capital Management
27
AQR Capital Management
Connecticut
$999M +$354M +5,020,441 +58%
Macquarie Group
28
Macquarie Group
Australia
$986M -$69.8M -989,116 -7%
Ameriprise
29
Ameriprise
Minnesota
$946M +$17.2M +244,026 +2%
Charles Schwab
30
Charles Schwab
California
$896M +$24.4M +345,924 +3%
Capital Research Global Investors
31
Capital Research Global Investors
California
$893M +$144K +2,036 +0%
AllianceBernstein
32
AllianceBernstein
Tennessee
$863M +$101M +1,431,762 +14%
Sumitomo Mitsui Trust Group
33
Sumitomo Mitsui Trust Group
Japan
$791M +$120M +1,695,318 +18%
PPA
34
Parametric Portfolio Associates
Washington
$787M +$37.8M +534,770 +5%
Massachusetts Financial Services
35
Massachusetts Financial Services
Massachusetts
$785M -$11.9M -168,220 -2%
Swiss National Bank
36
Swiss National Bank
Switzerland
$715M +$3.12M +44,226 +0.5%
UBS AM
37
UBS AM
Illinois
$706M +$13.9M +196,355 +2%
O
38
OppenheimerFunds
New York
$695M -$14.5M -205,193 -2%
PNC Financial Services Group
39
PNC Financial Services Group
Pennsylvania
$694M -$5.15M -72,887 -0.8%
UBS Group
40
UBS Group
Switzerland
$687M -$171M -2,426,227 -20%
LSV Asset Management
41
LSV Asset Management
Illinois
$679M -$15.9M -225,354 -2%
Fisher Asset Management
42
Fisher Asset Management
Washington
$644M +$28.1M +398,421 +5%
TA
43
Teachers Advisors
New York
$634M +$85.8M +1,215,764 +16%
California Public Employees Retirement System
44
California Public Employees Retirement System
California
$619M +$33.5M +475,115 +6%
Fidelity Investments
45
Fidelity Investments
Massachusetts
$601M +$222M +3,139,388 +61%
Principal Financial Group
46
Principal Financial Group
Iowa
$558M -$3.46M -49,018 -0.6%
New York State Common Retirement Fund
47
New York State Common Retirement Fund
New York
$546M -$30.1M -426,750 -5%
Nordea Investment Management
48
Nordea Investment Management
Sweden
$545M +$13.3M +188,220 +3%
Dimensional Fund Advisors
49
Dimensional Fund Advisors
Texas
$513M -$2.54M -35,930 -0.5%
Prudential Financial
50
Prudential Financial
New Jersey
$466M +$60.4M +855,325 +15%

MRK Hedge Fund Activity: Q4 2018 in Review

2,251 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Merck (MRK) for Q4 2018, worth a combined $150B — up 6.2% from $142B a quarter earlier.

Buyers outnumbered sellers: 281 funds opened new MRK positions and 66 closed out — a net gain of 215 holders — while 741 added to existing stakes and 963 trimmed.

The largest buyer was Jennison Associates, adding an estimated $891M. The largest seller was Franklin Resources, cutting an estimated $833M.

  • 2,251 institutional investors held Merck (MRK) as of Q4 2018, up from 2,057 in Q3 2018.
  • Funds reported $150B of Merck stock for Q4 2018, up 6.2% quarter-over-quarter.
  • 281 funds opened new Merck positions in Q4 2018 and 66 closed out, a net change of +215 holders.
  • The largest Merck buyer in Q4 2018 was Jennison Associates, an estimated $891M added.
  • The largest Merck seller in Q4 2018 was Franklin Resources, an estimated $833M sold.

Based on aggregated 13F filings for Q4 2018.