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1,745 hedge funds and large institutions have $107B invested in Merck in 2016 Q1 according to their latest regulatory filings, with 98 funds opening new positions, 754 increasing their positions, 675 reducing their positions, and 83 closing their positions.

New
Increased
Maintained
Reduced
Closed

18% more first-time investments, than exits

New positions opened: 98 | Existing positions closed: 83

12% more repeat investments, than reductions

Existing positions increased: 754 | Existing positions reduced: 675

1.44% more ownership

Funds ownership: 77.23%78.67% (+1.4%)

1% more funds holding in top 10

Funds holding in top 10: 105106 (+1)

1% less funds holding

Funds holding: 1,7551,745 (-10)

5% less capital invested

Capital invested by funds: $112B → $107B (-$5.17B)

10% less call options, than puts

Call options by funds: $693M | Put options by funds: $769M

Holders
1,745
Holders Change
-10
Holders Change %
-0.57%
% of All Funds
46.48%
Holding in Top 10
106
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+0.95%
% of All Funds
2.82%
New
98
Increased
754
Reduced
675
Closed
83
Calls
$693M
Puts
$769M
Net Calls
-$76.2M
Net Calls Change
-$112M
Name Holding Trade Value Shares
Change
Change in
Stake
GAM
176
Gotham Asset Management
New York
$66.1M +$25.4M +518,850 +66%
ELC
177
Edgar Lomax Company
Virginia
$64.5M +$8.39M +171,244 +15%
SOMRS
178
State of Michigan Retirement System
Michigan
$62.4M +$5.14K +105 +0%
EDRH
179
Edmond de Rothschild Holding
Switzerland
$62.2M -$37M -755,779 -38%
CIC
180
Crawford Investment Counsel
Georgia
$61.7M +$2.25M +45,952 +4%
ASRS
181
Arizona State Retirement System
Arizona
$61.5M -$313K -6,392 -0.5%
TAM
182
Tocqueville Asset Management
New York
$60.9M -$16.5M -337,860 -22%
EDRAMF
183
Edmond de Rothschild Asset Management (France)
France
$60.7M -$36.8M -751,416 -38%
RCAMU
184
Rothschild & Co Asset Management US
Connecticut
$59.9M +$10.7M +218,909 +23%
HCM
185
Hamlin Capital Management
New York
$59.8M -$917K -18,717 -2%
GH
186
GAM Holding
Switzerland
$59.4M -$1.25M -25,520 -2%
Envestnet Asset Management
187
Envestnet Asset Management
Illinois
$58.6M +$3.74M +76,303 +7%
Baird Financial Group
188
Baird Financial Group
Wisconsin
$57.6M +$29.7M +605,676 +113%
First Trust Advisors
189
First Trust Advisors
Illinois
$57.6M -$36.9M -754,285 -40%
BCM
190
Becker Capital Management
Oregon
$57.5M -$47K -959 -0.1%
GF
191
Gabelli Funds
New York
$56.5M -$4.01M -81,849 -7%
Teacher Retirement System of Texas
192
Teacher Retirement System of Texas
Texas
$56.5M +$3.83M +78,140 +8%
ACI
193
AMP Capital Investors
Australia
$53.9M +$794K +16,204 +2%
MMH
194
Menora Mivtachim Holdings
Israel
$53.1M +$180K +3,668 +0.4%
CCMH
195
Cornerstone Capital Management Holdings
New York
$52.9M +$2.1M +42,794 +4%
Nisa Investment Advisors
196
Nisa Investment Advisors
Missouri
$52.9M -$1.27M -26,011 -2%
RAM
197
RWC Asset Management
United Kingdom
$52.6M +$2.45M +50,049 +5%
DRZID
198
DePrince Race & Zollo Inc (DRZ)
Florida
$52.6M -$9.36M -191,189 -16%
KBG
199
Kahn Brothers Group
New York
$52.1M -$1.31M -26,732 -3%
FMI
200
Factory Mutual Insurance
Massachusetts
$52.1M -$6.16M -125,760 -11%

MRK Hedge Fund Activity: Q1 2016 in Review

1,745 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Merck (MRK) for Q1 2016, worth a combined $107B — down 4.6% from $112B a quarter earlier.

Buyers outnumbered sellers: 98 funds opened new MRK positions and 83 closed out — a net gain of 15 holders — while 754 added to existing stakes and 675 trimmed.

The largest buyer was Royal London Asset Management, adding an estimated $1.82B. The largest seller was Janus Henderson Investors US, cutting an estimated $193M.

  • 1,745 institutional investors held Merck (MRK) as of Q1 2016, down from 1,755 in Q4 2015.
  • Funds reported $107B of Merck stock for Q1 2016, down 4.6% quarter-over-quarter.
  • 98 funds opened new Merck positions in Q1 2016 and 83 closed out, a net change of +15 holders.
  • The largest Merck buyer in Q1 2016 was Royal London Asset Management, an estimated $1.82B added.
  • The largest Merck seller in Q1 2016 was Janus Henderson Investors US, an estimated $193M sold.

Based on aggregated 13F filings for Q1 2016.