We are live on ! Find out more

3,328 hedge funds and large institutions have $158B invested in Merck in 2025 Q2 according to their latest regulatory filings, with 179 funds opening new positions, 1,298 increasing their positions, 1,536 reducing their positions, and 252 closing their positions.

New
Increased
Maintained
Reduced
Closed

3% more call options, than puts

Call options by funds: $2.52B | Put options by funds: $2.44B

0.28% less ownership

Funds ownership: 78.7%78.42% (-0.28%)

3% less funds holding

Funds holding: 3,4483,328 (-120)

13% less capital invested

Capital invested by funds: $181B → $158B (-$22.6B)

15% less repeat investments, than reductions

Existing positions increased: 1,298 | Existing positions reduced: 1,536

29% less first-time investments, than exits

New positions opened: 179 | Existing positions closed: 252

35% less funds holding in top 10

Funds holding in top 10: 6542 (-23)

Holders
3,328
Holders Change
-120
Holders Change %
-3.48%
% of All Funds
43.81%
Holding in Top 10
42
Holding in Top 10 Change
-23
Holding in Top 10 Change %
-35.38%
% of All Funds
0.55%
New
179
Increased
1,298
Reduced
1,536
Closed
252
Calls
$2.52B
Puts
$2.44B
Net Calls
+$82.4M
Net Calls Change
-$173M
Name Holding Trade Value Shares
Change
Change in
Stake
Kovitz Investment Group Partners
151
Kovitz Investment Group Partners
Illinois
$103M -$16.2M -204,026 -14%
Artisan Partners
152
Artisan Partners
Wisconsin
$103M -$2.11M -26,500 -2%
KK
153
KLP Kapitalforvaltning
Norway
$102M +$4.13M +52,000 +4%
Asset Management One
154
Asset Management One
Japan
$102M -$567K -7,134 -0.6%
BNP Paribas Asset Management
155
BNP Paribas Asset Management
France
$101M +$4.96M +62,436 +5%
Brown Advisory
156
Brown Advisory
Maryland
$100M -$1.78M -22,392 -2%
Luther King Capital Management (LKCM)
157
Luther King Capital Management (LKCM)
Texas
$100M -$8.08M -101,611 -7%
Baird Financial Group
158
Baird Financial Group
Wisconsin
$98.7M -$15.2M -191,756 -13%
Rockefeller Capital Management
159
Rockefeller Capital Management
New York
$98.6M +$2.78M +35,011 +3%
Neuberger Berman Group
160
Neuberger Berman Group
New York
$98.4M -$5.91M -74,410 -6%
Toronto Dominion Bank
161
Toronto Dominion Bank
Ontario, Canada
$97.3M -$4.01M -50,419 -4%
CAPTRUST Financial Advisors
162
CAPTRUST Financial Advisors
North Carolina
$96.9M +$4.31M +54,245 +5%
Focus Partners Wealth
163
Focus Partners Wealth
Massachusetts
$96.1M +$1.79M +22,478 +2%
QP
164
Quilter Plc
United Kingdom
$93.4M -$104K -1,314 -0.1%
Treasurer of the State of North Carolina
165
Treasurer of the State of North Carolina
North Carolina
$93.2M -$696K -8,754 -0.7%
LFG
166
Lazard Frères Gestion
France
$92.1M -$73.4M -923,260 Closed
BA
167
Bridgewater Associates
Connecticut
$91.1M +$49M +615,856 +115%
RPI
168
Railway Pension Investments
United Kingdom
$90.7M +$19.2M +241,100 +27%
SLAM
169
Swiss Life Asset Management
$88.3M +$24.2M +304,817 +38%
HF
170
HRT Financial
New York
$88.2M +$88.6M +1,114,453 New
Zurich Cantonal Bank
171
Zurich Cantonal Bank
Switzerland
$84.8M +$6.16M +77,517 +8%
Mackenzie Financial
172
Mackenzie Financial
Ontario, Canada
$84.2M -$8.79M -110,544 -9%
Teacher Retirement System of Texas
173
Teacher Retirement System of Texas
Texas
$84.2M -$6.23M -78,327 -7%
SO
174
STRS Ohio
Ohio
$83.7M +$7.75M +97,503 +10%
Ohio Public Employees Retirement System (OPERS)
175
Ohio Public Employees Retirement System (OPERS)
Ohio
$82.1M -$2.95M -37,092 -3%

MRK Hedge Fund Activity: Q2 2025 in Review

3,328 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Merck (MRK) for Q2 2025, worth a combined $158B — down 13% from $181B a quarter earlier.

Sellers outnumbered buyers: 252 funds closed out of MRK and 179 opened new positions — a net loss of 73 holders — while 1,536 trimmed existing stakes and 1,298 added.

The largest buyer was Franklin Resources, adding an estimated $408M. The largest seller was Raymond James Financial, cutting an estimated $636M.

  • 3,328 institutional investors held Merck (MRK) as of Q2 2025, down from 3,448 in Q1 2025.
  • Funds reported $158B of Merck stock for Q2 2025, down 13% quarter-over-quarter.
  • 179 funds opened new Merck positions in Q2 2025 and 252 closed out, a net change of -73 holders.
  • The largest Merck buyer in Q2 2025 was Franklin Resources, an estimated $408M added.
  • The largest Merck seller in Q2 2025 was Raymond James Financial, an estimated $636M sold.

Based on aggregated 13F filings for Q2 2025.