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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
KCM
1176
Kempner Capital Management
Texas
$3.39M
LWM
1177
Lodestone Wealth Management
Washington
$3.39M
SF
1178
Symphony Financial
Texas
$3.37M
FBT
1179
First Bankers Trust
Kentucky
$3.37M
ECM
1180
EagleClaw Capital Management
Massachusetts
$3.36M
KWA
1181
Kingswood Wealth Advisors
California
$3.36M
BWM
1182
BCS Wealth Management
Tennessee
$3.36M
Capstone Investment Advisors
1183
Capstone Investment Advisors
New York
$3.36M
HCM
1184
Howard Capital Management
Georgia
$3.35M
KFBMI
1185
Kentucky Farm Bureau Mutual Insurance
Kentucky
$3.34M
CF
1186
Centaurus Financial
California
$3.34M
GC
1187
Gould Capital
Washington
$3.33M
PIM
1188
Penobscot Investment Management
Massachusetts
$3.33M
CNFG
1189
Creegan & Nassoura Financial Group
New Hampshire
$3.33M
RHDIC
1190
R.H. Dinel Investment Counsel
California
$3.3M
AI
1191
Arvest Investments
Arkansas
$3.29M
HAS
1192
HBW Advisory Services
California
$3.28M
PCMN
1193
Paradigm Capital Management (Nevada)
Nevada
$3.26M
MIA
1194
MainStreet Investment Advisors
Illinois
$3.26M
FNBTCON
1195
First National Bank & Trust Co of Newtown
Pennsylvania
$3.25M
BB
1196
Berkshire Bank
Massachusetts
$3.24M
JSW
1197
Journey Strategic Wealth
New Jersey
$3.24M
ESB
1198
Essex Savings Bank
Connecticut
$3.23M
SC
1199
Stolper & Co
Oklahoma
$3.23M
HI
1200
Harbour Investments
Wisconsin
$3.22M