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3,650 hedge funds and large institutions have $207B invested in Merck in 2025 Q4 according to their latest regulatory filings, with 545 funds opening new positions, 1,372 increasing their positions, 1,398 reducing their positions, and 131 closing their positions.

New
Increased
Maintained
Reduced
Closed

316% more first-time investments, than exits

New positions opened: 545 | 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: 3,3083,650 (+342)

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
3,650
Holders Change
+342
Holders Change %
+10.34%
% of All Funds
44.4%
Holding in Top 10
77
Holding in Top 10 Change
+31
Holding in Top 10 Change %
+67.39%
% of All Funds
0.94%
New
545
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
AWM
2201
Ariadne Wealth Management
California
$784K +$25.6K +273 +4%
WWM
2202
Whalen Wealth Management
Nevada
$782K +$697K +7,429 New
CG
2203
Curat Global
New Hampshire
$782K -$447K -4,760 -39%
OL
2204
OneFund LLC
Florida
$781K +$34.8K +371 +5%
KAM
2205
Knightsbridge Asset Management
California
$781K +$277K +2,956 +66%
MFG
2206
Mosaic Financial Group
Illinois
$779K -$5.54K -59 -0.8%
CSI
2207
Cross Staff Investments
New York
$779K
BBFA
2208
Brindle & Bay Financial Advisors
Texas
$778K +$694K +7,391 New
FFG
2209
Fiduciary Financial Group
California
$777K +$12.5K +133 +2%
GFA
2210
Gallagher Fiduciary Advisors
Illinois
$774K -$40K -426 -5%
OWA
2211
Octavia Wealth Advisors
Ohio
$773K +$122K +1,300 +22%
GSB
2212
Greenfield Savings Bank
Massachusetts
$773K -$46K -490 -6%
YIM
2213
Yoffe Investment Management
Pennsylvania
$773K +$282 +3 +0%
UAML
2214
US Asset Management LLC
Pennsylvania
$770K -$6.29K -67 -0.9%
CB
2215
Centennial Bank
Arkansas
$770K
PCA
2216
Prosperity Capital Advisors
Ohio
$769K +$61.6K +656 +10%
AOI
2217
Auto-Owners Insurance
Michigan
$768K
SFM
2218
Systematic Financial Management
New Jersey
$768K
AP
2219
Appleton Partners
Massachusetts
$768K -$20.3K -216 -3%
S
2220
Sunpointe
Missouri
$767K +$120K +1,276 +21%
GWI
2221
Grace & White Inc
New York
$765K
TL
2222
Tradewinds LLC
North Carolina
$764K -$16.5K -176 -2%
FPCP
2223
Fort Point Capital Partners
California
$762K +$82.6K +880 +15%
MCM
2224
Morton Capital Management
California
$762K +$18K +192 +3%
AFGAS
2225
Allegiance Financial Group Advisory Services
Virginia
$761K +$94.2K +1,004 +16%