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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
BAAM
1726
Baker Avenue Asset Management
California
$1.46M -$25.3K -269 -2%
HI
1727
Hendershot Investments
Virginia
$1.46M -$40.6K -432 -3%
PPWP
1728
Premier Path Wealth Partners
New Jersey
$1.46M +$201K +2,138 +18%
PCM
1729
Payne Capital Management
New York
$1.46M +$3.47K +37 +0.3%
CMAI
1730
Capital Management Associates Inc
Minnesota
$1.45M +$657K +7,000 +103%
DCP
1731
Diameter Capital Partners
New York
$1.45M +$1.29M +13,750 New
BAM
1732
Brave Asset Management
New Jersey
$1.45M -$28.2K -300 -2%
DFA
1733
Delta Financial Advisors
Louisiana
$1.44M +$157K +1,673 +14%
WPW
1734
Waldron Private Wealth
Pennsylvania
$1.44M -$95.1K -1,013 -7%
CP
1735
Canopy Partners
Ohio
$1.44M +$66.6K +709 +5%
KA
1736
KLCM Advisors
Wisconsin
$1.44M +$28.5K +304 +2%
CWS
1737
Cypress Wealth Services
California
$1.44M +$925K +9,854 +257%
VIS
1738
Vega Investment Solutions
France
$1.44M +$1.28M +13,680 New
BV
1739
Boxwood Ventures
Illinois
$1.44M
RCA
1740
Resonant Capital Advisors
Wisconsin
$1.44M +$99.4K +1,059 +8%
LHC
1741
Little House Capital
Massachusetts
$1.43M -$170K -1,806 -12%
RZH
1742
Relyea Zuckerberg Hanson
Connecticut
$1.43M +$367K +3,912 +40%
AWAP
1743
Alliance Wealth Advisors (Pennsylvania)
Pennsylvania
$1.43M +$5.16K +55 +0.4%
MEG
1744
Millstone Evans Group
Colorado
$1.43M +$74.3K +791 +6%
HCA
1745
Harbour Capital Advisors
Virginia
$1.43M
JCM
1746
Janney Capital Management
Pennsylvania
$1.43M
FC
1747
Fjell Capital
North Dakota
$1.42M +$52.2K +556 +4%
MIM
1748
MTM Investment Management
South Carolina
$1.42M -$1.13K -12 -0.1%
OHWP
1749
Oak Harbor Wealth Partners
North Carolina
$1.42M -$17.9K -191 -1%
JGIA
1750
Jackson Grant Investment Advisers
Connecticut
$1.42M +$74.9K +798 +6%