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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
EM
926
Excalibur Management
Massachusetts
$4.11M +$114K +1,432 +3%
SF
927
Symphony Financial
Texas
$4.06M +$3.76M +47,250 New
SCA
928
Sage Capital Advisors
South Dakota
$4.04M +$4.06M +51,056 New
CT
929
Chicago Trust
Illinois
$4.03M +$501K +6,300 +14%
CAC
930
Core Alternative Capital
Georgia
$4.01M -$656K -8,254 -14%
FBT
931
First Bankers Trust
Kentucky
$4.01M -$73K -919 -2%
TI
932
tru Independence
Oregon
$4.01M -$24.3K -306 -0.6%
DDC
933
DF Dent & Co
Maryland
$4M +$382K +4,809 +11%
SSA
934
Schonfeld Strategic Advisors
New York
$4M -$41M -516,105 -91%
MIM
935
Martin Investment Management
Florida
$4M +$30.6K +385 +0.8%
SFO
936
Stenger Family Office
Illinois
$3.98M +$3.87M +48,678 New
OIA
937
OneDigital Investment Advisors
Kansas
$3.97M -$459K -5,779 -10%
BFO
938
Boston Family Office
Massachusetts
$3.97M -$29K -365 -0.7%
BCFS
939
Butensky & Cohen Financial Security
Florida
$3.96M +$464K +5,835 +13%
DWM
940
Destination Wealth Management
California
$3.96M -$13.6M -170,467 -77%
SL
941
Sentry LLC
Tennessee
$3.93M -$206K -2,588 -5%
CA
942
Cullinan Associates
Kentucky
$3.93M +$340K +4,275 +9%
PAI
943
Pittenger & Anderson Inc
Nebraska
$3.91M +$89.4K +1,125 +2%
WANY
944
Wealthspire Advisors (New York)
New York
$3.9M +$14.2K +179 +0.4%
PNC
945
Park National Corp
Ohio
$3.9M -$158K -1,994 -4%
PMSA
946
Patrick M. Sweeney & Associates
Illinois
$3.89M +$33.9K +427 +0.9%
MFG
947
Monte Financial Group
Connecticut
$3.89M -$1.12M -14,033 -22%
LIM
948
Letson Investment Management
Georgia
$3.88M +$33.1K +416 +0.9%
PWMAG
949
Pinnacle Wealth Management Advisory Group
New Jersey
$3.87M -$320K -4,030 -8%
T
950
TOBAM
France
$3.86M -$704K -8,861 -15%

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.