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1,470 hedge funds and large institutions have $103B invested in Merck in 2013 Q3 according to their latest regulatory filings, with 78 funds opening new positions, 568 increasing their positions, 619 reducing their positions, and 53 closing their positions.

New
Increased
Maintained
Reduced
Closed

47% more first-time investments, than exits

New positions opened: 78 | Existing positions closed: 53

36% more call options, than puts

Call options by funds: $1.25B | Put options by funds: $918M

1.31% more ownership

Funds ownership: 76.5%77.81% (+1.3%)

1% more capital invested

Capital invested by funds: $102B → $103B (+$1.23B)

1% more funds holding

Funds holding: 1,4591,470 (+11)

8% less repeat investments, than reductions

Existing positions increased: 568 | Existing positions reduced: 619

3% less funds holding in top 10

Funds holding in top 10: 120117 (-3)

Holders
1,470
Holders Change
+11
Holders Change %
+0.75%
% of All Funds
47.65%
Holding in Top 10
117
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-2.5%
% of All Funds
3.79%
New
78
Increased
568
Reduced
619
Closed
53
Calls
$1.25B
Puts
$918M
Net Calls
+$331M
Net Calls Change
-$98.6M
Name Holding Trade Value Shares
Change
Change in
Stake
Hotchkis & Wiley Capital Management
201
Hotchkis & Wiley Capital Management
California
$50.4M +$1.44M +31,626 +3%
HEIP
202
Hudson Edge Investment Partners
New Jersey
$49.9M -$5.94M -130,074 -11%
ICM
203
ICC Capital Management
Florida
$48.7M -$6.22M -136,187 -11%
Nomura Holdings
204
Nomura Holdings
Japan
$48.4M +$32.2M +705,846 +197%
SIA
205
Sit Investment Associates
Minnesota
$48.3M +$1.55M +34,029 +3%
BCM
206
Becker Capital Management
Oregon
$48M -$66K -1,446 -0.1%
KBC Group
207
KBC Group
Belgium
$47.8M +$3.3M +72,331 +7%
SAM
208
Sectoral Asset Management
Quebec, Canada
$47.7M -$75.2M -1,648,075 -61%
HCM
209
Hamlin Capital Management
New York
$47.7M -$233K -5,105 -0.5%
TSU
210
TD Securities (USA)
New York
$47.7M -$1.32M -28,979 -3%
RL
211
Ruffer LLP
United Kingdom
$47.6M -$1.31M -28,619 -3%
VFAM
212
Valley Forge Asset Management
Pennsylvania
$47M -$2.8M -61,421 -6%
Public Sector Pension Investment Board (PSP Investments)
213
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$46.4M -$3.04M -66,653 -6%
DCLA
214
Douglas C. Lane & Associates
New York
$46.4M +$536K +11,735 +1%
MSA
215
Mason Street Advisors
Wisconsin
$46.3M +$2.39M +52,444 +5%
BP
216
BBR Partners
New York
$46.3M -$4.97M -108,873 -10%
Fifth Third Bancorp
217
Fifth Third Bancorp
Ohio
$46.2M -$2.22M -48,628 -5%
Millennium Management
218
Millennium Management
New York
$45.8M -$17.7M -387,648 -28%
CCMH
219
Cornerstone Capital Management Holdings
New York
$45.5M -$3.86M -84,451 -8%
BG
220
Bahl & Gaynor
Ohio
$45.4M +$6.21M +136,028 +16%
Bessemer Group
221
Bessemer Group
New Jersey
$44.5M +$39.4M +863,723 +752%
FAF
222
Fjarde Ap-fonden
Sweden
$43.2M -$2.92M -63,877 -6%
HIMCH
223
Hartford Investment Management Co (HIMCO)
Connecticut
$43M -$1.91M -41,851 -4%
SAM
224
Shell Asset Management
Netherlands
$42.6M -$945K -20,695 -2%
NRECA
225
National Rural Electric Cooperative Association
Virginia
$42.3M

MRK Hedge Fund Activity: Q3 2013 in Review

1,470 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Merck (MRK) for Q3 2013, worth a combined $103B — up 1.2% from $102B a quarter earlier.

Buyers outnumbered sellers: 78 funds opened new MRK positions and 53 closed out — a net gain of 25 holders — while 568 added to existing stakes and 619 trimmed.

The largest buyer was Eagle Asset Management, adding an estimated $192M. The largest seller was Fidelity Investments, cutting an estimated $612M.

  • 1,470 institutional investors held Merck (MRK) as of Q3 2013, up from 1,459 in Q2 2013.
  • Funds reported $103B of Merck stock for Q3 2013, up 1.2% quarter-over-quarter.
  • 78 funds opened new Merck positions in Q3 2013 and 53 closed out, a net change of +25 holders.
  • The largest Merck buyer in Q3 2013 was Eagle Asset Management, an estimated $192M added.
  • The largest Merck seller in Q3 2013 was Fidelity Investments, an estimated $612M sold.

Based on aggregated 13F filings for Q3 2013.