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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
Arrowstreet Capital
51
Arrowstreet Capital
Massachusetts
$466M +$187M +2,645,337 +71%
Manulife (Manufacturers Life Insurance)
52
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$461M +$15.9M +225,191 +4%
Fidelity International
53
Fidelity International
Bermuda
$444M +$30.9M +438,347 +8%
CS
54
Credit Suisse
Switzerland
$442M -$9.58M -135,764 -2%
EVM
55
Eaton Vance Management
Massachusetts
$430M +$53.3M +755,530 +15%
Loomis, Sayles & Company
56
Loomis, Sayles & Company
Massachusetts
$428M -$22.5M -318,538 -5%
Allianz Asset Management
57
Allianz Asset Management
Germany
$419M +$37.1M +526,173 +10%
RJA
58
Raymond James & Associates
Florida
$417M +$10.6M +150,816 +3%
PI
59
Putnam Investments
Massachusetts
$416M +$41.7M +591,365 +12%
Adage Capital Partners
60
Adage Capital Partners
Massachusetts
$412M -$83.3M -1,180,195 -17%
D.E. Shaw & Co
61
D.E. Shaw & Co
New York
$396M -$60.7M -859,434 -14%
Ninety One (UK)
62
Ninety One (UK)
United Kingdom
$383M +$73.4M +1,040,423 +25%
American Century Companies
63
American Century Companies
Missouri
$376M -$65M -921,054 -15%
Millennium Management
64
Millennium Management
New York
$375M +$81.7M +1,157,900 +29%
California State Teachers Retirement System (CalSTRS)
65
California State Teachers Retirement System (CalSTRS)
California
$368M -$9.95M -140,932 -3%
VOYA Investment Management
66
VOYA Investment Management
Georgia
$362M +$61M +863,775 +21%
DZ Bank
67
DZ Bank
Germany
$361M -$45.1M -638,468 -11%
Asset Management One
68
Asset Management One
Japan
$360M +$9.42M +133,456 +3%
Barclays
69
Barclays
United Kingdom
$358M -$49.6M -702,208 -12%
Stifel Financial
70
Stifel Financial
Missouri
$358M -$594K -8,418 -0.2%
AL
71
AJO LP
Pennsylvania
$355M -$26.2M -370,666 -7%
EIP
72
Epoch Investment Partners
New York
$344M -$18.9M -268,217 -5%
Canada Pension Plan Investment Board
73
Canada Pension Plan Investment Board
Ontario, Canada
$342M -$111M -1,570,557 -25%
RhumbLine Advisers
74
RhumbLine Advisers
Massachusetts
$327M -$2.37M -33,610 -0.7%
Lord, Abbett & Co
75
Lord, Abbett & Co
New Jersey
$326M +$39.3M +556,391 +14%

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.