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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

315% more first-time investments, than exits

New positions opened: 544 | Existing positions closed: 131

67% more funds holding in top 10

Funds holding in top 10: 4677 (+31)

43% more call options, than puts

Call options by funds: $3.76B | Put options by funds: $2.62B

30% more capital invested

Capital invested by funds: $160B → $207B (+$47.2B)

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
+341
Holders Change %
+10.31%
% of All Funds
44.39%
Holding in Top 10
77
Holding in Top 10 Change
+31
Holding in Top 10 Change %
+67.39%
% of All Funds
0.94%
New
544
Increased
1,372
Reduced
1,398
Closed
131
Calls
$3.76B
Puts
$2.62B
Net Calls
+$1.14B
Net Calls Change
+$810M
Name Holding Trade Value Shares
Change
Change in
Stake
SFS
1426
Strategic Financial Services
New York
$2.32M -$28.4K -303 -2%
DACS
1427
Dymon Asia Capital (Singapore)
Singapore
$2.32M +$2.07M +22,000 New
BCB
1428
Brian C. Broderick
$2.32M
BMC
1429
Beaton Management Company
Massachusetts
$2.31M -$4.69K -50 -0.2%
PWP
1430
Precedent Wealth Partners
Texas
$2.31M +$183K +1,947 +10%
SGCA
1431
Steel Grove Capital Advisors
Tennessee
$2.31M -$230K -2,448 -10%
AG
1432
AlTi Global
New York
$2.3M -$102K -1,088 -5%
NAM
1433
NTV Asset Management
West Virginia
$2.29M -$40.8K -435 -2%
CSA
1434
Cornerstone Select Advisors
Missouri
$2.29M +$89.8K +957 +5%
CCP
1435
Clarkston Capital Partners
Michigan
$2.29M +$138K +1,475 +7%
3IP
1436
3Chopt Investment Partners
Virginia
$2.28M -$74.6K -795 -4%
C
1437
Certuity
Florida
$2.28M -$517K -5,511 -20%
IWA
1438
IVC Wealth Advisors
Pennsylvania
$2.28M +$273K +2,913 +16%
AWM
1439
Accurate Wealth Management
Florida
$2.27M +$133K +1,420 +7%
KA
1440
Kovack Advisors
Florida
$2.27M +$1.22M +13,007 +153%
PDL
1441
Portfolio Design Labs
California
$2.27M +$24.3K +259 +1%
CB
1442
CNB Bank
Pennsylvania
$2.26M +$128K +1,362 +7%
SAM
1443
Sectoral Asset Management
Quebec, Canada
$2.25M +$469K +5,000 +30%
ACM
1444
Allred Capital Management
Texas
$2.25M -$9.57K -102 -0.5%
BHBT
1445
Burke & Herbert Bank & Trust
Virginia
$2.24M -$103K -1,100 -5%
ONSWM
1446
Old North State Wealth Management
North Carolina
$2.24M +$222K +2,361 +13%
CAM
1447
Cozad Asset Management
Illinois
$2.24M +$9.76K +104 +0.5%
SS
1448
SBI Securities
Japan
$2.23M -$24.4K -260 -1%
GWM
1449
Geneos Wealth Management
Colorado
$2.23M -$49.8K -531 -2%
SSWM
1450
Sheets Smith Wealth Management
North Carolina
$2.23M +$42.7K +455 +2%