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2,306 hedge funds and large institutions have $162B invested in Merck in 2019 Q3 according to their latest regulatory filings, with 100 funds opening new positions, 955 increasing their positions, 938 reducing their positions, and 76 closing their positions.

New
Increased
Maintained
Reduced
Closed

32% more first-time investments, than exits

New positions opened: 100 | Existing positions closed: 76

2% more repeat investments, than reductions

Existing positions increased: 955 | Existing positions reduced: 938

0% more funds holding

Funds holding: 2,2992,306 (+7)

0% less capital invested

Capital invested by funds: $163B → $162B (-$655M)

0.68% less ownership

Funds ownership: 79.66%78.98% (-0.68%)

6% less funds holding in top 10

Funds holding in top 10: 199188 (-11)

16% less call options, than puts

Call options by funds: $1.45B | Put options by funds: $1.73B

Holders
2,306
Holders Change
+7
Holders Change %
+0.3%
% of All Funds
50.56%
Holding in Top 10
188
Holding in Top 10 Change
-11
Holding in Top 10 Change %
-5.53%
% of All Funds
4.12%
New
100
Increased
955
Reduced
938
Closed
76
Calls
$1.45B
Puts
$1.73B
Net Calls
-$285M
Net Calls Change
-$138M
Name Holding Trade Value Shares
Change
Change in
Stake
KeyBank National Association
176
KeyBank National Association
Ohio
$96.4M -$3.9M -48,675 -4%
Nomura Asset Management
177
Nomura Asset Management
Japan
$96M +$3.56M +44,471 +4%
SCM
178
Shapiro Capital Management
Georgia
$95.3M -$1.67M -20,820 -2%
N
179
Natixis
France
$95.2M -$63.6M -793,077 -40%
PAM
180
Panagora Asset Management
Massachusetts
$94.6M +$7.09M +88,480 +8%
MNG
181
Manning & Napier Group
New York
$93.4M -$40M -498,623 -30%
BTS
182
BB&T Securities
Virginia
$91.8M -$3.99M -49,807 -4%
ACI
183
AMP Capital Investors
Australia
$90.7M -$19.7M -245,572 -18%
Nisa Investment Advisors
184
Nisa Investment Advisors
Missouri
$90.5M -$1.1M -13,770 -1%
Janney Montgomery Scott
185
Janney Montgomery Scott
Pennsylvania
$90.3M +$1.42M +17,666 +2%
KBG
186
Kahn Brothers Group
New York
$90.1M -$726M -9,063,639 -81%
CWM
187
CIBC World Markets
New York
$89.3M +$28.4M +353,821 +47%
FMI
188
Factory Mutual Insurance
Massachusetts
$89.1M -$6.58M -82,058 -7%
MAM
189
Martingale Asset Management
Massachusetts
$88.8M +$17.8M +222,268 +25%
Commonwealth Equity Services
190
Commonwealth Equity Services
Massachusetts
$86.5M +$2.74M +34,248 +3%
H
191
Hexavest
Quebec, Canada
$85.4M -$3.33M -41,501 -4%
Royal London Asset Management
192
Royal London Asset Management
United Kingdom
$84.9M -$1.52M -18,952 -2%
TAM
193
Tyers Asset Management
Texas
$84.8M -$1.25M -15,640 -1%
TAM
194
Tocqueville Asset Management
New York
$84.7M -$1.43M -17,811 -2%
CIC
195
Crawford Investment Counsel
Georgia
$84M -$12.4M -154,330 -13%
Teacher Retirement System of Texas
196
Teacher Retirement System of Texas
Texas
$83.2M -$8.86M -110,590 -10%
LBA
197
Letko, Brosseau & Associates
Quebec, Canada
$82.5M -$4.67M -58,227 -5%
BNP Paribas Asset Management
198
BNP Paribas Asset Management
France
$82.5M -$23.5K -293 -0%
ZIM
199
Zacks Investment Management
Illinois
$82.3M +$1.6M +19,965 +2%
Jennison Associates
200
Jennison Associates
New York
$81.8M -$71.9M -896,967 -47%

MRK Hedge Fund Activity: Q3 2019 in Review

2,306 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in Merck (MRK) for Q3 2019, worth a combined $162B — down 0.4% from $163B a quarter earlier.

Buyers outnumbered sellers: 100 funds opened new MRK positions and 76 closed out — a net gain of 24 holders — while 955 added to existing stakes and 938 trimmed.

The largest buyer was Victory Capital Management, adding an estimated $317M. The largest seller was Kahn Brothers Group, cutting an estimated $726M.

  • 2,306 institutional investors held Merck (MRK) as of Q3 2019, up from 2,299 in Q2 2019.
  • Funds reported $162B of Merck stock for Q3 2019, down 0.4% quarter-over-quarter.
  • 100 funds opened new Merck positions in Q3 2019 and 76 closed out, a net change of +24 holders.
  • The largest Merck buyer in Q3 2019 was Victory Capital Management, an estimated $317M added.
  • The largest Merck seller in Q3 2019 was Kahn Brothers Group, an estimated $726M sold.

Based on aggregated 13F filings for Q3 2019.