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1,745 hedge funds and large institutions have $107B invested in Merck in 2016 Q1 according to their latest regulatory filings, with 98 funds opening new positions, 754 increasing their positions, 675 reducing their positions, and 83 closing their positions.

New
Increased
Maintained
Reduced
Closed

18% more first-time investments, than exits

New positions opened: 98 | Existing positions closed: 83

12% more repeat investments, than reductions

Existing positions increased: 754 | Existing positions reduced: 675

1.44% more ownership

Funds ownership: 77.23%78.67% (+1.4%)

1% more funds holding in top 10

Funds holding in top 10: 105106 (+1)

1% less funds holding

Funds holding: 1,7551,745 (-10)

5% less capital invested

Capital invested by funds: $112B → $107B (-$5.17B)

10% less call options, than puts

Call options by funds: $693M | Put options by funds: $769M

Holders
1,745
Holders Change
-10
Holders Change %
-0.57%
% of All Funds
46.48%
Holding in Top 10
106
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+0.95%
% of All Funds
2.82%
New
98
Increased
754
Reduced
675
Closed
83
Calls
$693M
Puts
$769M
Net Calls
-$76.2M
Net Calls Change
-$112M
Name Holding Trade Value Shares
Change
Change in
Stake
PI
76
Putnam Investments
Massachusetts
$227M -$42.9M -874,941 -16%
AQR Capital Management
77
AQR Capital Management
Connecticut
$225M -$17.9M -365,015 -8%
IGIM
78
I.G. Investment Management
Manitoba, Canada
$219M -$7.86M -160,530 -4%
State of New Jersey Common Pension Fund D
79
State of New Jersey Common Pension Fund D
New Jersey
$216M -$46.2M -943,200 -18%
USAA
80
United Services Automobile Association
Texas
$211M -$3.23M -65,950 -2%
RhumbLine Advisers
81
RhumbLine Advisers
Massachusetts
$203M +$7.65M +156,180 +4%
BJ
82
BlackRock Japan
Japan
$199M +$60.6K +1,238 +0%
State of Wisconsin Investment Board
83
State of Wisconsin Investment Board
Wisconsin
$196M -$15M -305,858 -7%
SSM
84
Sound Shore Management
Connecticut
$195M +$14.2M +289,053 +8%
RJA
85
Raymond James & Associates
Florida
$193M +$8.12M +165,829 +5%
Thrivent Financial for Lutherans
86
Thrivent Financial for Lutherans
Minnesota
$192M -$1.93M -39,426 -1%
Adage Capital Partners
87
Adage Capital Partners
Massachusetts
$189M -$20.5M -419,095 -10%
Allianz Asset Management
88
Allianz Asset Management
Germany
$185M +$6.75M +137,770 +4%
State Board of Administration of Florida Retirement System
89
State Board of Administration of Florida Retirement System
Florida
$184M -$3.68M -75,059 -2%
NIPH
90
NN Investment Partners Holdings
Netherlands
$174M +$169M +3,447,828 New
HSBC Holdings
91
HSBC Holdings
United Kingdom
$173M -$15M -306,148 -8%
Fayez Sarofim & Co
92
Fayez Sarofim & Co
Texas
$167M -$1.95M -39,829 -1%
PP
93
Prudential plc
United Kingdom
$163M -$5.09M -103,897 -3%
BIP
94
Brandes Investment Partners
California
$159M -$642K -13,114 -0.4%
Primecap Management
95
Primecap Management
California
$158M +$10.4M +212,534 +7%
TD Asset Management
96
TD Asset Management
Ontario, Canada
$157M -$11.6M -236,991 -7%
SCCM
97
Schafer Cullen Capital Management
New York
$150M -$1.49M -30,467 -1%
Chevy Chase Trust
98
Chevy Chase Trust
Maryland
$148M +$2.83M +57,862 +2%
Axa
99
Axa
France
$148M -$60.9M -1,242,802 -30%
LCOV
100
London Company of Virginia
Virginia
$146M +$141M +2,879,581 +21,275%

MRK Hedge Fund Activity: Q1 2016 in Review

1,745 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Merck (MRK) for Q1 2016, worth a combined $107B — down 4.6% from $112B a quarter earlier.

Buyers outnumbered sellers: 98 funds opened new MRK positions and 83 closed out — a net gain of 15 holders — while 754 added to existing stakes and 675 trimmed.

The largest buyer was Royal London Asset Management, adding an estimated $1.82B. The largest seller was Janus Henderson Investors US, cutting an estimated $193M.

  • 1,745 institutional investors held Merck (MRK) as of Q1 2016, down from 1,755 in Q4 2015.
  • Funds reported $107B of Merck stock for Q1 2016, down 4.6% quarter-over-quarter.
  • 98 funds opened new Merck positions in Q1 2016 and 83 closed out, a net change of +15 holders.
  • The largest Merck buyer in Q1 2016 was Royal London Asset Management, an estimated $1.82B added.
  • The largest Merck seller in Q1 2016 was Janus Henderson Investors US, an estimated $193M sold.

Based on aggregated 13F filings for Q1 2016.