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3,448 hedge funds and large institutions have $181B invested in Merck in 2025 Q1 according to their latest regulatory filings, with 180 funds opening new positions, 1,347 increasing their positions, 1,599 reducing their positions, and 278 closing their positions.

New
Increased
Maintained
Reduced
Closed

11% more call options, than puts

Call options by funds: $2.57B | Put options by funds: $2.32B

0.43% more ownership

Funds ownership: 78.27%78.7% (+0.43%)

4% less funds holding

Funds holding: 3,6083,448 (-160)

8% less capital invested

Capital invested by funds: $197B → $181B (-$16.1B)

11% less funds holding in top 10

Funds holding in top 10: 7365 (-8)

16% less repeat investments, than reductions

Existing positions increased: 1,347 | Existing positions reduced: 1,599

35% less first-time investments, than exits

New positions opened: 180 | Existing positions closed: 278

Holders
3,448
Holders Change
-160
Holders Change %
-4.43%
% of All Funds
46.23%
Holding in Top 10
65
Holding in Top 10 Change
-8
Holding in Top 10 Change %
-10.96%
% of All Funds
0.87%
New
180
Increased
1,347
Reduced
1,599
Closed
278
Calls
$2.57B
Puts
$2.32B
Net Calls
+$255M
Net Calls Change
+$17.9M
Name Holding Trade Value Shares
Change
Change in
Stake
State Farm Mutual Automobile Insurance
26
State Farm Mutual Automobile Insurance
Illinois
$1.24B
Ameriprise
27
Ameriprise
Minnesota
$1.16B -$99.5M -1,065,775 -8%
Amundi
28
Amundi
France
$1.13B +$331M +3,542,036 +37%
Wells Fargo
29
Wells Fargo
California
$1.07B -$277M -2,966,636 -20%
T. Rowe Price Associates
30
T. Rowe Price Associates
Maryland
$1.06B -$69.6M -745,175 -6%
N
31
Nuveen
North Carolina
$992M -$97M -1,038,802 -9%
Dimensional Fund Advisors
32
Dimensional Fund Advisors
Texas
$980M -$61.9M -663,308 -6%
AllianceBernstein
33
AllianceBernstein
Tennessee
$919M -$81.5M -873,284 -8%
Nordea Investment Management
34
Nordea Investment Management
Sweden
$839M +$1.53M +16,427 +0.2%
D.E. Shaw & Co
35
D.E. Shaw & Co
New York
$836M +$274M +2,936,922 +46%
Aristotle Capital Management
36
Aristotle Capital Management
California
$760M -$21M -224,584 -3%
California Public Employees Retirement System
37
California Public Employees Retirement System
California
$744M -$17.1M -182,719 -2%
BNP Paribas Financial Markets
38
BNP Paribas Financial Markets
France
$737M +$231M +2,474,715 +43%
HSBC Holdings
39
HSBC Holdings
United Kingdom
$717M -$41.4M -443,628 -5%
Swedbank
40
Swedbank
Sweden
$717M +$30.6M +327,325 +4%
Massachusetts Financial Services
41
Massachusetts Financial Services
Massachusetts
$717M -$20M -214,494 -3%
PNC Financial Services Group
42
PNC Financial Services Group
Pennsylvania
$704M -$23.9M -255,900 -3%
Barrow, Hanley, Mewhinney & Strauss
43
Barrow, Hanley, Mewhinney & Strauss
Texas
$699M +$141M +1,505,193 +24%
AQR Capital Management
44
AQR Capital Management
Connecticut
$691M +$222M +2,380,066 +44%
Harris Associates
45
Harris Associates
Illinois
$670M +$114M +1,224,910 +20%
Stifel Financial
46
Stifel Financial
Missouri
$668M +$7.74M +82,935 +1%
Sumitomo Mitsui Trust Group
47
Sumitomo Mitsui Trust Group
Japan
$654M +$6.81M +72,944 +1%
Swiss National Bank
48
Swiss National Bank
Switzerland
$640M -$2.42M -25,900 -0.4%
Grantham, Mayo, Van Otterloo & Co (GMO)
49
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$600M +$48.7M +521,325 +8%
Citigroup
50
Citigroup
New York
$559M +$139M +1,492,688 +31%

MRK Hedge Fund Activity: Q1 2025 in Review

3,448 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Merck (MRK) for Q1 2025, worth a combined $181B — down 8.2% from $197B a quarter earlier.

Sellers outnumbered buyers: 278 funds closed out of MRK and 180 opened new positions — a net loss of 98 holders — while 1,599 trimmed existing stakes and 1,347 added.

The largest buyer was Charles Schwab, adding an estimated $2.72B. The largest seller was Capital World Investors, exiting entirely with an estimated $787M sold.

  • 3,448 institutional investors held Merck (MRK) as of Q1 2025, down from 3,608 in Q4 2024.
  • Funds reported $181B of Merck stock for Q1 2025, down 8.2% quarter-over-quarter.
  • 180 funds opened new Merck positions in Q1 2025 and 278 closed out, a net change of -98 holders.
  • The largest Merck buyer in Q1 2025 was Charles Schwab, an estimated $2.72B added.
  • The largest Merck seller in Q1 2025 was Capital World Investors, an estimated $787M sold.

Based on aggregated 13F filings for Q1 2025.