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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
ClearBridge Investments
51
ClearBridge Investments
New York
$532M +$10.9M +116,562 +2%
Barclays
52
Barclays
United Kingdom
$526M -$56.9M -609,159 -9%
Principal Financial Group
53
Principal Financial Group
Iowa
$505M -$81.5M -873,203 -13%
LSV Asset Management
54
LSV Asset Management
Illinois
$491M -$26.4M -282,560 -5%
Bank of Montreal
55
Bank of Montreal
Ontario, Canada
$484M -$72.4M -775,842 -13%
DekaBank Deutsche Girozentrale
56
DekaBank Deutsche Girozentrale
Germany
$481M -$3.48M -37,306 -0.7%
Pacer Advisors
57
Pacer Advisors
Pennsylvania
$475M +$473M +5,060,959 +2,241%
National Pension Service
58
National Pension Service
South Korea
$473M +$29.1M +312,035 +6%
Envestnet Asset Management
59
Envestnet Asset Management
Illinois
$453M -$132M -1,414,814 -22%
Lazard Asset Management
60
Lazard Asset Management
New York
$450M +$150M +1,609,690 +47%
Capital International Investors
61
Capital International Investors
California
$432M -$137M -1,466,945 -23%
Mitsubishi UFJ Asset Management
62
Mitsubishi UFJ Asset Management
Japan
$420M +$44.9M +480,672 +11%
RhumbLine Advisers
63
RhumbLine Advisers
Massachusetts
$403M +$2.77M +29,663 +0.7%
Aberdeen Group
64
Aberdeen Group
United Kingdom
$403M +$24.7M +264,668 +6%
Victory Capital Management
65
Victory Capital Management
Texas
$401M +$105M +1,121,878 +34%
BGC
66
Beutel, Goodman & Co
Ontario, Canada
$397M +$35.8M +383,175 +9%
Caisse de Depot et Placement du Quebec (CDPQ)
67
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$387M +$13.9M +149,218 +4%
California State Teachers Retirement System (CalSTRS)
68
California State Teachers Retirement System (CalSTRS)
California
$363M -$2.91M -31,218 -0.8%
Macquarie Group
69
Macquarie Group
Australia
$361M +$12.7M +136,413 +4%
Squarepoint
70
Squarepoint
New York
$348M +$190M +2,036,841 +111%
Canada Pension Plan Investment Board
71
Canada Pension Plan Investment Board
Ontario, Canada
$343M -$186M -1,995,577 -34%
Manulife (Manufacturers Life Insurance)
72
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$342M -$118M -1,265,675 -25%
BG
73
Bahl & Gaynor
Ohio
$336M -$54.1M -579,583 -13%
Russell Investments Group
74
Russell Investments Group
United Kingdom
$334M +$60.6M +649,408 +21%
HighTower Advisors
75
HighTower Advisors
Illinois
$332M +$51.1M +547,085 +17%

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.