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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
New York State Teachers Retirement System (NYSTRS)
76
New York State Teachers Retirement System (NYSTRS)
New York
$308M -$14.3M -202,980 -5%
Bank of Montreal
77
Bank of Montreal
Ontario, Canada
$306M -$26.4M -374,400 -8%
TIM
78
Thornburg Investment Management
New Mexico
$306M -$27.1M -383,568 -8%
Boston Partners
79
Boston Partners
Massachusetts
$300M -$702M -9,937,401 -71%
Swedbank
80
Swedbank
Sweden
$298M +$76.1K +1,078 +0%
Pzena Investment Management
81
Pzena Investment Management
New York
$281M -$84.1M -1,191,359 -24%
State Board of Administration of Florida Retirement System
82
State Board of Administration of Florida Retirement System
Florida
$277M -$2.27M -32,117 -0.8%
Grantham, Mayo, Van Otterloo & Co (GMO)
83
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$271M -$31.3M -443,770 -11%
State of New Jersey Common Pension Fund D
84
State of New Jersey Common Pension Fund D
New Jersey
$270M -$7.77M -110,040 -3%
DekaBank Deutsche Girozentrale
85
DekaBank Deutsche Girozentrale
Germany
$263M +$47.1M +667,321 +22%
AT
86
AMF Tjänstepension
Sweden
$261M -$16.9M -238,837 -6%
Primecap Management
87
Primecap Management
California
$261M
SSM
88
Sound Shore Management
Connecticut
$254M -$25.8M -365,450 -9%
APG Asset Management
89
APG Asset Management
Netherlands
$253M +$215M +3,041,925 +326%
Barrow, Hanley, Mewhinney & Strauss
90
Barrow, Hanley, Mewhinney & Strauss
Texas
$246M -$181M -2,566,462 -43%
State of Wisconsin Investment Board
91
State of Wisconsin Investment Board
Wisconsin
$241M +$14.5M +205,675 +7%
Aberdeen Group
92
Aberdeen Group
United Kingdom
$239M -$9.59M -135,871 -4%
Robeco Institutional Asset Management
93
Robeco Institutional Asset Management
Netherlands
$239M +$50.3M +712,996 +28%
LCOV
94
London Company of Virginia
Virginia
$235M -$17.8M -252,415 -7%
USAA
95
United Services Automobile Association
Texas
$228M -$16.6M -235,595 -7%
Fayez Sarofim & Co
96
Fayez Sarofim & Co
Texas
$227M +$3.51M +49,745 +2%
TD Asset Management
97
TD Asset Management
Ontario, Canada
$220M +$19.8M +280,131 +10%
HSBC Holdings
98
HSBC Holdings
United Kingdom
$215M -$61.2M -866,987 -23%
TP
99
Third Point
New York
$212M -$128M -1,807,800 -38%
M&T Bank
100
M&T Bank
New York
$207M -$6.58M -93,247 -3%

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.