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3,648 hedge funds and large institutions have $207B invested in Merck in 2025 Q4 according to their latest regulatory filings, with 544 funds opening new positions, 1,372 increasing their positions, 1,398 reducing their positions, and 131 closing their positions.

New
Increased
Maintained
Reduced
Closed

more first-time investments, than exits

New positions opened: | Existing positions closed:

more funds holding in top 10

Funds holding in top 10:

more call options, than puts

Call options by funds: $ | Put options by funds: $

more capital invested

Capital invested by funds: $ → $

10% more funds holding

Funds holding: 3,3073,648 (+341)

2.9% more ownership

Funds ownership: 76.23%79.13% (+2.9%)

2% less repeat investments, than reductions

Existing positions increased: 1,372 | Existing positions reduced: 1,398

Holders
3,648
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
77
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$3.76B
Puts
$2.62B
Net Calls
Net Calls Change

Top Buyers

1 +$1.05B
2 +$696M
3 +$567M
4
Citadel Advisors
Citadel Advisors
Florida
+$549M
5
Jennison Associates
Jennison Associates
New York
+$522M
Name Holding Trade Value Shares
Change
Change in
Stake
RSWM
701
Robertson Stephens Wealth Management
California
$9.78M
Envestnet Portfolio Solutions
702
Envestnet Portfolio Solutions
Illinois
$9.76M
LBC
703
Lowe Brockenbrough & Co
Virginia
$9.71M
LG
704
LaFleur & Godfrey
Michigan
$9.71M
BG
705
Bellevue Group
Switzerland
$9.7M
CRI
706
Commonwealth Retirement Investments
Virginia
$9.68M
NB
707
NBT Bank
New York
$9.67M
ST
708
Smithfield Trust
Pennsylvania
$9.66M
EF
709
Empirical Finance
Pennsylvania
$9.59M
JWCA
710
J.W. Cole Advisors
Florida
$9.59M
SBWIC
711
Schaper Benz & Wise Investment Counsel
Wisconsin
$9.58M
Walleye Capital
712
Walleye Capital
New York
$9.55M
SFI
713
Siemens Fonds Invest
Germany
$9.54M
ANTB
714
AMG National Trust Bank
Colorado
$9.53M
CNBT
715
Canandaigua National Bank & Trust
New York
$9.51M
ACM
716
Adalta Capital Management
New York
$9.51M
AWM
717
Apollon Wealth Management
South Carolina
$9.48M
BHIA
718
Birch Hill Investment Advisors
Massachusetts
$9.41M
CIC
719
Cutler Investment Counsel
Oregon
$9.4M
LDB
720
Lee, Danner & Bass
Tennessee
$9.4M
FCA
721
FLC Capital Advisors
California
$9.39M
NW
722
NewEdge Wealth
Pennsylvania
$9.33M
AC
723
Addenda Capital
Quebec, Canada
$9.32M
EOJOAM
724
E. Ohman J:or Asset Management
Sweden
$9.31M
SC
725
Savant Capital
Illinois
$9.29M