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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
LIA
1151
LS Investment Advisors
Michigan
$3.57M
KJHP
1152
K.J. Harrison & Partners
Ontario, Canada
$3.57M
PA
1153
Procyon Advisors
Connecticut
$3.57M
DIA
1154
Dean Investment Associates
Ohio
$3.57M
GCM
1155
Gator Capital Management
Florida
$3.56M
MCM
1156
Marathon Capital Management
Maryland
$3.54M
ISFAN
1157
Investor's Fiduciary Advisor Network
Washington
$3.52M
GWM
1158
GSB Wealth Management
Connecticut
$3.51M
BFIM
1159
Beese Fulmer Investment Management
Ohio
$3.5M
FM
1160
Foster & Motley
Ohio
$3.5M
SFP
1161
Shepherd Financial Partners
Massachusetts
$3.49M
GS
1162
GTS Securities
New York
$3.48M
PIMJS
1163
PKO Investment Management Joint-Stock
Poland
$3.47M
NL
1164
NVWM LLC
Pennsylvania
$3.47M
BLC
1165
Brown, Lisle/Cummings
Rhode Island
$3.46M
DDC
1166
DF Dent & Co
Maryland
$3.46M
CWM
1167
Cordatus Wealth Management
Pennsylvania
$3.44M
VWA
1168
Visionary Wealth Advisors
Illinois
$3.44M
AOWM
1169
Alpha Omega Wealth Management
Virginia
$3.44M
DI
1170
DKRT Investments
$3.42M
STAS
1171
Strong Tower Advisory Services
Minnesota
$3.41M
KCM
1172
Kerusso Capital Management
North Carolina
$3.41M
WC
1173
Wynn Capital
Georgia
$3.41M
HIC
1174
Holderness Investments Company
North Carolina
$3.4M
BMA
1175
Brooks Moore & Associates
Tennessee
$3.39M