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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
SBFM
1201
S-Bank Fund Management
Finland
$3.22M
SMC
1202
Smith, Moore & Co
Missouri
$3.21M
AFG
1203
Albion Financial Group
Utah
$3.21M
SC
1204
SouthState Corp
Florida
$3.19M
HA
1205
Herold Advisors
New York
$3.17M
ERIC
1206
Eagle Rock Investment Company
Georgia
$3.17M
PPW
1207
Parcion Private Wealth
Washington
$3.17M
CCG
1208
Ceeto Capital Group
Florida
$3.17M
GIC
1209
Generali Investments CEE
Czech Republic
$3.16M
SGH
1210
Sivik Global Healthcare
Connecticut
$3.16M
LP
1211
LMR Partners
United Kingdom
$3.16M
CV
1212
Counterweight Ventures
North Carolina
$3.15M
MFFIA
1213
McIntyre, Freedman & Flynn Investment Advisers
Massachusetts
$3.14M
ZBNA
1214
Zions Bancorporation, National Association
Utah
$3.14M
BC
1215
Broadwater Capital
Massachusetts
$3.14M
IAIM
1216
International Assets Investment Management
Florida
$3.14M
SSG
1217
Summit Securities Group
New York
$3.14M
QPWM
1218
Quadrant Private Wealth Management
Pennsylvania
$3.14M
HI
1219
Hudock Inc
Pennsylvania
$3.14M
ANBT
1220
American National Bank & Trust
Texas
$3.13M
AFG
1221
Allegheny Financial Group
Pennsylvania
$3.13M
FAN
1222
Financial Advisors Network
California
$3.12M
CFSG
1223
Community Financial Services Group
Vermont
$3.11M
CRWM
1224
Castle Rock Wealth Management
California
$3.1M
CBT
1225
Central Bank & Trust
Kentucky
$3.1M