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2,293 hedge funds and large institutions have $164B invested in Merck in 2019 Q1 according to their latest regulatory filings, with 149 funds opening new positions, 843 increasing their positions, 1,024 reducing their positions, and 78 closing their positions.

New
Increased
Maintained
Reduced
Closed

91% more first-time investments, than exits

New positions opened: 149 | Existing positions closed: 78

9% more capital invested

Capital invested by funds: $150B → $164B (+$13.2B)

2% more funds holding

Funds holding: 2,2512,293 (+42)

8% more call options, than puts

Call options by funds: $1.77B | Put options by funds: $1.65B

0.07% less ownership

Funds ownership: 80.03%79.96% (-0.07%)

11% less funds holding in top 10

Funds holding in top 10: 251223 (-28)

18% less repeat investments, than reductions

Existing positions increased: 843 | Existing positions reduced: 1,024

Holders
2,293
Holders Change
+42
Holders Change %
+1.87%
% of All Funds
49.62%
Holding in Top 10
223
Holding in Top 10 Change
-28
Holding in Top 10 Change %
-11.16%
% of All Funds
4.83%
New
149
Increased
843
Reduced
1,024
Closed
78
Calls
$1.77B
Puts
$1.65B
Net Calls
+$126M
Net Calls Change
+$69.5M
Name Holding Trade Value Shares
Change
Change in
Stake
AIG
176
American International Group
New York
$96.1M +$11.1M +147,933 +14%
CIC
177
Crawford Investment Counsel
Georgia
$95.5M -$9.43M -126,026 -9%
H
178
Hexavest
Quebec, Canada
$95.4M +$5.21M +69,650 +6%
JMPWA
179
JP Morgan Private Wealth Advisors
California
$95.2M +$7.45M +99,657 +9%
Nisa Investment Advisors
180
Nisa Investment Advisors
Missouri
$94.4M -$38.5K -515 -0%
BTS
181
BB&T Securities
Virginia
$94.3M +$2.17M +28,980 +3%
LBA
182
Letko, Brosseau & Associates
Quebec, Canada
$93.2M -$6.43M -85,938 -7%
PAM
183
Panagora Asset Management
Massachusetts
$91.6M +$21.3M +284,802 +33%
TAM
184
Tyers Asset Management
Texas
$90.8M +$13M +173,217 +18%
State of Tennessee, Department of Treasury
185
State of Tennessee, Department of Treasury
Tennessee
$90M -$96.7M -1,293,024 -53%
Neuberger Berman Group
186
Neuberger Berman Group
New York
$88.5M -$250K -3,344 -0.3%
Janney Montgomery Scott
187
Janney Montgomery Scott
Pennsylvania
$87.6M +$1.75M +23,406 +2%
TC
188
TownSquare Capital
Utah
$87.6M +$64M +855,186 +345%
Teacher Retirement System of Texas
189
Teacher Retirement System of Texas
Texas
$87M +$7.3M +97,552 +10%
Royal London Asset Management
190
Royal London Asset Management
United Kingdom
$86.8M -$5.88M -78,668 -7%
PC
191
PointState Capital
New York
$85.4M +$80.5M +1,076,401 New
TAM
192
Tocqueville Asset Management
New York
$85.3M -$8.18M -109,343 -9%
Calamos Advisors
193
Calamos Advisors
Illinois
$84.6M +$7.49M +100,156 +10%
Commonwealth Equity Services
194
Commonwealth Equity Services
Massachusetts
$84.2M +$201K +2,683 +0.3%
Comerica Bank
195
Comerica Bank
Texas
$83.9M -$2.73M -36,549 -3%
SEI Investments
196
SEI Investments
Pennsylvania
$82.8M +$4.88M +65,287 +7%
TCM
197
Tekla Capital Management
Massachusetts
$82.6M +$20M +267,214 +35%
EPFB
198
Employees Provident Fund Board
Malaysia
$80.2M -$17.2M -229,518 -19%
SCM
199
Smead Capital Management
Arizona
$80.1M -$1.96M -26,163 -3%
Public Sector Pension Investment Board (PSP Investments)
200
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$79.3M +$8.75M +117,051 +13%

MRK Hedge Fund Activity: Q1 2019 in Review

2,293 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Merck (MRK) for Q1 2019, worth a combined $164B — up 8.8% from $150B a quarter earlier.

Buyers outnumbered sellers: 149 funds opened new MRK positions and 78 closed out — a net gain of 71 holders — while 843 added to existing stakes and 1,024 trimmed.

The largest buyer was JP Morgan Chase, adding an estimated $598M. The largest seller was T. Rowe Price Associates, cutting an estimated $757M.

  • 2,293 institutional investors held Merck (MRK) as of Q1 2019, up from 2,251 in Q4 2018.
  • Funds reported $164B of Merck stock for Q1 2019, up 8.8% quarter-over-quarter.
  • 149 funds opened new Merck positions in Q1 2019 and 78 closed out, a net change of +71 holders.
  • The largest Merck buyer in Q1 2019 was JP Morgan Chase, an estimated $598M added.
  • The largest Merck seller in Q1 2019 was T. Rowe Price Associates, an estimated $757M sold.

Based on aggregated 13F filings for Q1 2019.