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3,779 hedge funds and large institutions have $234B invested in Merck in 2026 Q1 according to their latest regulatory filings, with 315 funds opening new positions, 1,452 increasing their positions, 1,582 reducing their positions, and 122 closing their positions.

New
Increased
Maintained
Reduced
Closed

158% more first-time investments, than exits

New positions opened: 315 | Existing positions closed: 122

23% more call options, than puts

Call options by funds: $3.43B | Put options by funds: $2.78B

14% more funds holding in top 10

Funds holding in top 10: 7788 (+11)

13% more capital invested

Capital invested by funds: $207B → $234B (+$26.7B)

3% more funds holding

Funds holding: 3,6523,779 (+127)

8% less repeat investments, than reductions

Existing positions increased: 1,452 | Existing positions reduced: 1,582

1.06% less ownership

Funds ownership: 79.13%78.06% (-1.1%)

Holders
3,779
Holders Change
+127
Holders Change %
+3.48%
% of All Funds
46.48%
Holding in Top 10
88
Holding in Top 10 Change
+11
Holding in Top 10 Change %
+14.29%
% of All Funds
1.08%
New
315
Increased
1,452
Reduced
1,582
Closed
122
Calls
$3.43B
Puts
$2.78B
Net Calls
+$651M
Net Calls Change
-$485M
Name Holding Trade Value Shares
Change
Change in
Stake
D.E. Shaw & Co
76
D.E. Shaw & Co
New York
$409M -$14M -120,882 -3%
Neuberger Berman Group
77
Neuberger Berman Group
New York
$395M +$27.8M +240,953 +8%
Lazard Asset Management
78
Lazard Asset Management
New York
$391M -$133M -1,152,710 -26%
Aviva
79
Aviva
United Kingdom
$389M +$40.3M +349,219 +12%
BGC
80
Beutel, Goodman & Co
Ontario, Canada
$364M -$119M -1,032,502 -25%
Federated Hermes
81
Federated Hermes
Pennsylvania
$362M +$59.6M +516,058 +21%
Canada Life
82
Canada Life
Manitoba, Canada
$359M +$431K +3,729 +0.1%
Natixis Advisors
83
Natixis Advisors
Massachusetts
$357M +$51.1M +442,713 +18%
Arrowstreet Capital
84
Arrowstreet Capital
Massachusetts
$353M -$809M -7,007,793 -70%
Royal London Asset Management
85
Royal London Asset Management
United Kingdom
$348M -$34.7M -300,997 -9%
Janus Henderson Group
86
Janus Henderson Group
United Kingdom
$346M +$115M +995,059 +53%
ECSS
87
Eurizon Capital SGR SpA
$339M +$35.9M +311,350 +12%
Mariner
88
Mariner
Kansas
$336M +$4.85M +41,991 +2%
Citigroup
89
Citigroup
New York
$334M +$16.5M +142,995 +5%
Marshall Wace
90
Marshall Wace
United Kingdom
$334M -$138M -1,191,168 -30%
Adage Capital Partners
91
Adage Capital Partners
Massachusetts
$323M -$47.5K -411 -0%
Jones Financial Companies
92
Jones Financial Companies
Missouri
$318M +$205M +1,779,735 +202%
Ensign Peak Advisors
93
Ensign Peak Advisors
Utah
$314M +$89.4M +774,766 +42%
Mackenzie Financial
94
Mackenzie Financial
Ontario, Canada
$303M +$122M +1,052,450 +72%
Russell Investments Group
95
Russell Investments Group
United Kingdom
$302M -$79.1M -685,244 -21%
SCM
96
Smead Capital Management
Arizona
$297M -$42.4M -366,902 -13%
Corient Private Wealth
97
Corient Private Wealth
Florida
$291M -$602M -5,215,512 -68%
Thrivent Financial for Lutherans
98
Thrivent Financial for Lutherans
Minnesota
$283M -$6.43M -55,723 -2%
Robeco Institutional Asset Management
99
Robeco Institutional Asset Management
Netherlands
$279M -$20.3M -175,682 -7%
BNP Paribas Asset Management
100
BNP Paribas Asset Management
France
$279M -$39.1M -338,405 -13%

MRK Hedge Fund Activity: Q1 2026 in Review

3,779 of the 8,131 institutional investors tracked by Wall St. Rank reported a position in Merck (MRK) for Q1 2026, worth a combined $234B — up 13% from $207B a quarter earlier.

Buyers outnumbered sellers: 315 funds opened new MRK positions and 122 closed out — a net gain of 193 holders — while 1,452 added to existing stakes and 1,582 trimmed.

The largest buyer was JP Morgan Chase, adding an estimated $2.74B. The largest seller was Arrowstreet Capital, cutting an estimated $809M.

  • 3,779 institutional investors held Merck (MRK) as of Q1 2026, up from 3,652 in Q4 2025.
  • Funds reported $234B of Merck stock for Q1 2026, up 13% quarter-over-quarter.
  • 315 funds opened new Merck positions in Q1 2026 and 122 closed out, a net change of +193 holders.
  • The largest Merck buyer in Q1 2026 was JP Morgan Chase, an estimated $2.74B added.
  • The largest Merck seller in Q1 2026 was Arrowstreet Capital, an estimated $809M sold.

Based on aggregated 13F filings for Q1 2026.