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2,306 hedge funds and large institutions have $162B invested in Merck in 2019 Q3 according to their latest regulatory filings, with 100 funds opening new positions, 955 increasing their positions, 938 reducing their positions, and 76 closing their positions.

New
Increased
Maintained
Reduced
Closed

32% more first-time investments, than exits

New positions opened: 100 | Existing positions closed: 76

2% more repeat investments, than reductions

Existing positions increased: 955 | Existing positions reduced: 938

0% more funds holding

Funds holding: 2,2992,306 (+7)

0% less capital invested

Capital invested by funds: $163B → $162B (-$655M)

0.68% less ownership

Funds ownership: 79.66%78.98% (-0.68%)

6% less funds holding in top 10

Funds holding in top 10: 199188 (-11)

16% less call options, than puts

Call options by funds: $1.45B | Put options by funds: $1.73B

Holders
2,306
Holders Change
+7
Holders Change %
+0.3%
% of All Funds
50.56%
Holding in Top 10
188
Holding in Top 10 Change
-11
Holding in Top 10 Change %
-5.53%
% of All Funds
4.12%
New
100
Increased
955
Reduced
938
Closed
76
Calls
$1.45B
Puts
$1.73B
Net Calls
-$285M
Net Calls Change
-$138M
Name Holding Trade Value Shares
Change
Change in
Stake
UBS AM
26
UBS AM
Illinois
$1.13B +$147M +1,831,331 +15%
ClearBridge Investments
27
ClearBridge Investments
New York
$1.03B -$2.48M -30,915 -0.2%
Macquarie Group
28
Macquarie Group
Australia
$1B -$11.4M -142,131 -1%
Charles Schwab
29
Charles Schwab
California
$1B -$16.2M -201,783 -2%
UBS Group
30
UBS Group
Switzerland
$994M +$5.5M +68,652 +0.6%
Fidelity Investments
31
Fidelity Investments
Massachusetts
$982M +$57M +710,780 +6%
PPA
32
Parametric Portfolio Associates
Washington
$960M +$14.4M +179,631 +2%
AllianceBernstein
33
AllianceBernstein
Tennessee
$920M -$51.9M -647,953 -5%
Sumitomo Mitsui Trust Group
34
Sumitomo Mitsui Trust Group
Japan
$913M +$28.4M +354,596 +3%
Massachusetts Financial Services
35
Massachusetts Financial Services
Massachusetts
$863M +$3.29M +41,060 +0.4%
California Public Employees Retirement System
36
California Public Employees Retirement System
California
$856M +$90.7M +1,131,857 +12%
Swiss National Bank
37
Swiss National Bank
Switzerland
$773M +$4.2M +52,459 +0.5%
Fisher Asset Management
38
Fisher Asset Management
Washington
$757M +$19.7M +245,841 +3%
Dimensional Fund Advisors
39
Dimensional Fund Advisors
Texas
$736M +$81.8M +1,020,636 +13%
PNC Financial Services Group
40
PNC Financial Services Group
Pennsylvania
$711M -$16.2M -202,596 -2%
Arrowstreet Capital
41
Arrowstreet Capital
Massachusetts
$702M -$75.5M -941,976 -10%
AAMU
42
Amundi Asset Management US
Massachusetts
$677M -$87.2M -1,088,341 -11%
LSV Asset Management
43
LSV Asset Management
Illinois
$654M -$75.9M -947,081 -10%
Allianz Asset Management
44
Allianz Asset Management
Germany
$648M -$45.8M -571,058 -7%
Nordea Investment Management
45
Nordea Investment Management
Sweden
$645M +$15.2M +190,074 +2%
Principal Financial Group
46
Principal Financial Group
Iowa
$620M +$3.04M +37,952 +0.5%
AQR Capital Management
47
AQR Capital Management
Connecticut
$619M -$337M -4,201,993 -35%
PI
48
Putnam Investments
Massachusetts
$578M +$65.3M +815,393 +13%
Bank of Montreal
49
Bank of Montreal
Ontario, Canada
$576M -$49.6M -619,230 -8%
Manulife (Manufacturers Life Insurance)
50
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$565M +$52.7M +657,944 +10%

MRK Hedge Fund Activity: Q3 2019 in Review

2,306 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in Merck (MRK) for Q3 2019, worth a combined $162B — down 0.4% from $163B a quarter earlier.

Buyers outnumbered sellers: 100 funds opened new MRK positions and 76 closed out — a net gain of 24 holders — while 955 added to existing stakes and 938 trimmed.

The largest buyer was Victory Capital Management, adding an estimated $317M. The largest seller was Kahn Brothers Group, cutting an estimated $726M.

  • 2,306 institutional investors held Merck (MRK) as of Q3 2019, up from 2,299 in Q2 2019.
  • Funds reported $162B of Merck stock for Q3 2019, down 0.4% quarter-over-quarter.
  • 100 funds opened new Merck positions in Q3 2019 and 76 closed out, a net change of +24 holders.
  • The largest Merck buyer in Q3 2019 was Victory Capital Management, an estimated $317M added.
  • The largest Merck seller in Q3 2019 was Kahn Brothers Group, an estimated $726M sold.

Based on aggregated 13F filings for Q3 2019.