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3,648 hedge funds and large institutions have $207B invested in Merck in 2025 Q4 according to their latest regulatory filings, with 544 funds opening new positions, 1,372 increasing their positions, 1,398 reducing their positions, and 131 closing their positions.

New
Increased
Maintained
Reduced
Closed

more first-time investments, than exits

New positions opened: | Existing positions closed:

more funds holding in top 10

Funds holding in top 10:

more call options, than puts

Call options by funds: $ | Put options by funds: $

more capital invested

Capital invested by funds: $ → $

10% more funds holding

Funds holding: 3,3073,648 (+341)

2.9% more ownership

Funds ownership: 76.23%79.13% (+2.9%)

2% less repeat investments, than reductions

Existing positions increased: 1,372 | Existing positions reduced: 1,398

Holders
3,648
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
77
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$3.76B
Puts
$2.62B
Net Calls
Net Calls Change

Top Buyers

1 +$1.05B
2 +$696M
3 +$567M
4
Citadel Advisors
Citadel Advisors
Florida
+$549M
5
Jennison Associates
Jennison Associates
New York
+$522M
Name Holding Trade Value Shares
Change
Change in
Stake
PAMG
1076
Patton Albertson Miller Group
Tennessee
$4.19M
UCI
1077
Uncommon Cents Investing
Wisconsin
$4.17M
MCB
1078
Morton Community Bank
Illinois
$4.17M
PIA
1079
Petredis Investment Advisors
Pennsylvania
$4.16M
FWP
1080
FAS Wealth Partners
Kansas
$4.15M
AF
1081
Alerus Financial
North Dakota
$4.15M
RP
1082
Rowlandmiller & Partners
Georgia
$4.14M
AWA
1083
Arete Wealth Advisors
Illinois
$4.13M
CB
1084
Cadence Bank
Mississippi
$4.11M
CTI
1085
Community Trust & Investment
Kentucky
$4.11M
TPCW
1086
TD Private Client Wealth
New York
$4.11M
IBOK
1087
Independence Bank of Kentucky
Kentucky
$4.09M
ACP
1088
Aviance Capital Partners
Florida
$4.08M
LIM
1089
Leavell Investment Management
Alabama
$4.07M
DJSG
1090
D.J. St. Germain
Massachusetts
$4.07M
TFM
1091
TFC Financial Management
Massachusetts
$4.06M
AP
1092
Advisortrust Partners
North Carolina
$4.06M
SSWM
1093
Smith Salley Wealth Management
North Carolina
$4.05M
JRPIM
1094
Journey Retirement Planning & Investment Management
Idaho
$4.05M
CT
1095
Caldwell Trust
Florida
$4.04M
KIC
1096
Kensington Investment Counsel
California
$4.04M
CPIG
1097
Chicago Partners Investment Group
Illinois
$4.03M
Primecap Management
1098
Primecap Management
California
$4M
PMWMG
1099
Parr McKnight Wealth Management Group
Minnesota
$4M
EWM
1100
Empirical Wealth Management
Washington
$3.99M