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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
FFS
1476
Founders Financial Securities
Maryland
$2.09M -$1.57M -16,726 -46%
BIA
1477
Barry Investment Advisors
Massachusetts
$2.09M +$17K +181 +0.9%
FFS
1478
Flavin Financial Services
Florida
$2.09M -$115K -1,220 -6%
FG
1479
Fiduciary Group
Georgia
$2.08M -$122K -1,303 -6%
LCM
1480
Laurion Capital Management
New York
$2.07M +$1.85M +19,693 New
PK
1481
Pflug Koory
Nebraska
$2.07M +$6.01K +64 +0.3%
FAP
1482
Financial Advisory Partners
Florida
$2.07M -$3K -32 -0.2%
FCCM
1483
First City Capital Management
Georgia
$2.06M -$25.8K -275 -1%
BFA
1484
Beacon Financial Advisory
Ohio
$2.05M -$89.8K -957 -5%
ISWM
1485
Independent Solutions Wealth Management
New York
$2.05M +$117K +1,244 +7%
JBC
1486
Jefferson Bridge Capital
Tennessee
$2.05M +$1.83M +19,470 New
SP
1487
SWS Partners
Ohio
$2.05M -$151K -1,612 -8%
DCM
1488
Dudley Capital Management
Virginia
$2.04M +$69.6K +741 +4%
MA
1489
MCF Advisors
Kentucky
$2.04M +$322K +3,435 +22%
CWM
1490
Calamos Wealth Management
Illinois
$2.03M +$331K +3,529 +22%
CT
1491
Clearstead Trust
Maine
$2.02M -$23.4K -249 -1%
TT
1492
TI-Trust
Illinois
$2.02M +$4.41K +47 +0.2%
AWAU
1493
Alliance Wealth Advisors (Utah)
Utah
$2.02M -$807K -8,597 -31%
AIM
1494
Advyzon Investment Management
Illinois
$2.01M +$646K +6,883 +56%
VCAM
1495
Van Cleef Asset Management
Ohio
$2.01M
TAM
1496
Tealwood Asset Management
Minnesota
$2.01M -$495K -5,278 -22%
BF
1497
bLong Financial
Tennessee
$2.01M -$47.7K -508 -3%
MFA
1498
Mayflower Financial Advisors
Massachusetts
$2M -$23.3K -248 -1%
FCB
1499
First County Bank
Connecticut
$2M -$85K -905 -5%
NP
1500
NorthRock Partners
Minnesota
$1.99M -$2.42M -25,783 -57%