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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
WC
1301
Waterloo Capital
Texas
$2.78M
GC
1302
Grimes & Company
Massachusetts
$2.77M
MMPW
1303
Mitchell McLeod Pugh & Williams
Alabama
$2.76M
B
1304
Bailard
California
$2.75M
JFGIW
1305
Johnson Financial Group Inc (Wisconsin)
Wisconsin
$2.74M
SCM
1306
Silvant Capital Management
Georgia
$2.74M
LCM
1307
Legato Capital Management
California
$2.74M
CRIG
1308
Charter Research & Investment Group
Connecticut
$2.74M
SIG
1309
Sargent Investment Group
Maryland
$2.73M
WCM
1310
Windward Capital Management
California
$2.73M
CIAS
1311
CFS Investment Advisory Services
New Jersey
$2.73M
KCM
1312
Kathmere Capital Management
Pennsylvania
$2.73M
PHS
1313
Pekin Hardy Strauss
Illinois
$2.72M
AWM
1314
Aries Wealth Management
Maine
$2.72M
RSC
1315
Red Spruce Capital
Pennsylvania
$2.71M
AIA
1316
AIMZ Investment Advisors
California
$2.7M
SAI
1317
Savvy Advisors Inc
New York
$2.69M
MSFS
1318
Main Street Financial Solutions
Pennsylvania
$2.68M
HCM
1319
Huber Capital Management
California
$2.66M
LWM
1320
Latko Wealth Management
Illinois
$2.65M
KFI
1321
Key Financial Inc
Pennsylvania
$2.65M
MCWS
1322
McKinley Carter Wealth Services
West Virginia
$2.64M
CC
1323
Cypress Capital
Tennessee
$2.64M
BA
1324
Bridgewater Advisors
New York
$2.64M
PFBT
1325
Parkside Financial Bank & Trust
Missouri
$2.63M