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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
SWM
1451
Silverlake Wealth Management
Vermont
$2.22M +$45.8K +488 +2%
RCIM
1452
Red Cedar Investment Management
Michigan
$2.22M
MNBTD
1453
Moody National Bank Trust Division
Texas
$2.21M -$546K -5,814 -22%
IAS
1454
IMA Advisory Services
Colorado
$2.19M -$34.3K -365 -2%
PA
1455
Probity Advisors
Texas
$2.19M +$64.6K +688 +3%
IIL
1456
Insight Inv LLC
California
$2.19M +$155K +1,652 +9%
SWM
1457
Spire Wealth Management
Virginia
$2.19M -$118K -1,252 -6%
TCWA
1458
Turtle Creek Wealth Advisors
Texas
$2.18M +$517K +5,505 +36%
DAS
1459
Diversify Advisory Services
Utah
$2.17M +$6.29K +67 +0.3%
OIC
1460
Orion Investment Company
Missouri
$2.17M
ML
1461
McAdam LLC
Pennsylvania
$2.16M +$8.54K +91 +0.4%
NW
1462
Naviter Wealth
Arkansas
$2.16M -$84.3K -898 -4%
IA
1463
Insight Advisors
Pennsylvania
$2.14M -$125K -1,336 -6%
PRP
1464
Peak Retirement Planning
Ohio
$2.13M -$180K -1,921 -9%
FCT
1465
Family Capital Trust
Massachusetts
$2.13M
NLP
1466
Next Level Private
New York
$2.13M +$364K +3,882 +24%
WA
1467
Waddell & Associates
Tennessee
$2.13M +$364K +3,875 +24%
KCP
1468
Kera Capital Partners
California
$2.12M +$151K +1,604 +9%
JWM
1469
Jeppson Wealth Management
California
$2.12M -$4.51K -48 -0.2%
SSA
1470
Sierra Summit Advisors
Nevada
$2.12M +$39.1K +417 +2%
OBWG
1471
Onyx Bridge Wealth Group
New York
$2.11M -$114K -1,214 -6%
DI
1472
DAGCO Inc
Ohio
$2.11M -$25.3K -269 -1%
AM
1473
AGF Management
Ontario, Canada
$2.11M +$742K +7,900 +65%
JIP
1474
Jaffetilchin Investment Partners
Florida
$2.09M +$15.9K +169 +0.9%
KIM
1475
Kestra Investment Management
Texas
$2.09M +$35.4K +377 +2%