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3,328 hedge funds and large institutions have $158B invested in Merck in 2025 Q2 according to their latest regulatory filings, with 179 funds opening new positions, 1,298 increasing their positions, 1,536 reducing their positions, and 252 closing their positions.

New
Increased
Maintained
Reduced
Closed

3% more call options, than puts

Call options by funds: $2.52B | Put options by funds: $2.44B

0.28% less ownership

Funds ownership: 78.7%78.42% (-0.28%)

3% less funds holding

Funds holding: 3,4483,328 (-120)

13% less capital invested

Capital invested by funds: $181B → $158B (-$22.6B)

15% less repeat investments, than reductions

Existing positions increased: 1,298 | Existing positions reduced: 1,536

29% less first-time investments, than exits

New positions opened: 179 | Existing positions closed: 252

35% less funds holding in top 10

Funds holding in top 10: 6542 (-23)

Holders
3,328
Holders Change
-120
Holders Change %
-3.48%
% of All Funds
43.81%
Holding in Top 10
42
Holding in Top 10 Change
-23
Holding in Top 10 Change %
-35.38%
% of All Funds
0.55%
New
179
Increased
1,298
Reduced
1,536
Closed
252
Calls
$2.52B
Puts
$2.44B
Net Calls
+$82.4M
Net Calls Change
-$173M
Name Holding Trade Value Shares
Change
Change in
Stake
NCM
601
Novare Capital Management
North Carolina
$9.52M -$6.08M -76,476 -39%
SIM
602
Stratos Investment Management
Ohio
$9.52M +$655K +8,237 +7%
IGAM
603
iA Global Asset Management
Quebec, Canada
$9.5M +$419K +5,273 +5%
JWCA
604
J.W. Cole Advisors
Florida
$9.5M +$2.12M +26,643 +29%
SAM
605
SP Asset Management
California
$9.5M -$436K -5,487 -4%
AF
606
Allworth Financial
California
$9.49M +$1.25M +15,679 +15%
SF
607
Summit Financial
New Jersey
$9.48M +$1.46M +18,356 +18%
ERSOT
608
Employees Retirement System of Texas
Texas
$9.45M +$9.49M +119,383 New
AAM
609
Auxier Asset Management
Oregon
$9.42M -$29.3K -368 -0.3%
MGIA
610
Matthew Goff Investment Advisor
Texas
$9.42M -$29.3K -368 -0.3%
NMERB
611
New Mexico Educational Retirement Board
New Mexico
$9.36M
SW
612
SlateStone Wealth
Florida
$9.34M +$182K +2,284 +2%
KCM
613
Kennedy Capital Management
Missouri
$9.3M -$1.5M -18,816 -14%
GIA
614
GHP Investment Advisors
Colorado
$9.27M -$303K -3,810 -3%
Wolverine Trading
615
Wolverine Trading
Illinois
$9.25M +$9.3M +116,947 New
CA
616
Clearstead Advisors
Ohio
$9.23M -$212K -2,672 -2%
CAM
617
Columbia Asset Management
Michigan
$9.15M -$564K -7,096 -6%
JAFL
618
Jay A. Fishman Ltd
Michigan
$9.14M -$2.12M -26,690 -19%
CB
619
Community Bank
New York
$9.13M +$183K +2,306 +2%
JC
620
JB Capital
Connecticut
$9.08M +$669K +8,414 +8%
HPCM
621
Hunter Perkins Capital Management
Illinois
$9.07M +$78.5K +988 +0.9%
Nomura Holdings
622
Nomura Holdings
Japan
$9.02M +$674K +8,480 +8%
TAM
623
Trillium Asset Management
Massachusetts
$8.99M -$1.18M -14,902 -12%
CNB
624
Camden National Bank
Maine
$8.99M -$222K -2,797 -2%
AF
625
Ally Financial
Michigan
$8.95M

MRK Hedge Fund Activity: Q2 2025 in Review

3,328 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Merck (MRK) for Q2 2025, worth a combined $158B — down 13% from $181B a quarter earlier.

Sellers outnumbered buyers: 252 funds closed out of MRK and 179 opened new positions — a net loss of 73 holders — while 1,536 trimmed existing stakes and 1,298 added.

The largest buyer was Franklin Resources, adding an estimated $408M. The largest seller was Raymond James Financial, cutting an estimated $636M.

  • 3,328 institutional investors held Merck (MRK) as of Q2 2025, down from 3,448 in Q1 2025.
  • Funds reported $158B of Merck stock for Q2 2025, down 13% quarter-over-quarter.
  • 179 funds opened new Merck positions in Q2 2025 and 252 closed out, a net change of -73 holders.
  • The largest Merck buyer in Q2 2025 was Franklin Resources, an estimated $408M added.
  • The largest Merck seller in Q2 2025 was Raymond James Financial, an estimated $636M sold.

Based on aggregated 13F filings for Q2 2025.