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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
JPMIA
1251
J.P. Marvel Investment Advisors
Massachusetts
$3.02M
LFA
1252
Legacy Financial Advisors
Kentucky
$3.02M
MJRIC
1253
Mogy Joel R Investment Counsel
California
$3.01M
PFA
1254
Pathway Financial Advisers
Indiana
$3.01M
MAM
1255
Morse Asset Management
Connecticut
$3.01M
ORG
1256
Optimist Retirement Group
Washington
$3M
AWA
1257
Aaron Wealth Advisors
Illinois
$2.99M
PAM
1258
Paradigm Asset Management
New York
$2.99M
LC
1259
LCNB Corp
Ohio
$2.99M
FFM
1260
Forum Financial Management
Illinois
$2.98M
CA
1261
CGN Advisors
Kansas
$2.98M
FFBTD
1262
First Financial Bank - Trust Division
Ohio
$2.98M
RCAG
1263
Rehmann Capital Advisory Group
Michigan
$2.98M
AA
1264
Armis Advisers
Georgia
$2.97M
HKAM
1265
Horizon Kinetics Asset Management
New York
$2.96M
WAM
1266
Weiss Asset Management
Massachusetts
$2.96M
TAM
1267
Trust Asset Management
Texas
$2.95M
IA
1268
IFP Advisors
Florida
$2.95M
CIAS
1269
Capital Investment Advisory Services
North Carolina
$2.94M
LJAC
1270
L.J. Altfest & Co
New York
$2.94M
BIAS
1271
Beacon Investment Advisory Services
New Jersey
$2.94M
SCM
1272
Sandler Capital Management
New York
$2.94M
SAM
1273
Secure Asset Management
Michigan
$2.94M
SWA
1274
Sax Wealth Advisors
New Jersey
$2.93M
SFG
1275
SevenBridge Financial Group
Pennsylvania
$2.93M