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2,251 hedge funds and large institutions have $150B invested in Merck in 2018 Q4 according to their latest regulatory filings, with 281 funds opening new positions, 741 increasing their positions, 963 reducing their positions, and 66 closing their positions.

New
Increased
Maintained
Reduced
Closed

326% more first-time investments, than exits

New positions opened: 281 | Existing positions closed: 66

76% more funds holding in top 10

Funds holding in top 10: 143251 (+108)

9% more funds holding

Funds holding: 2,0572,251 (+194)

6% more capital invested

Capital invested by funds: $142B → $150B (+$8.75B)

1.37% more ownership

Funds ownership: 78.66%80.03% (+1.4%)

3% more call options, than puts

Call options by funds: $1.91B | Put options by funds: $1.85B

23% less repeat investments, than reductions

Existing positions increased: 741 | Existing positions reduced: 963

Holders
2,251
Holders Change
+194
Holders Change %
+9.43%
% of All Funds
50.14%
Holding in Top 10
251
Holding in Top 10 Change
+108
Holding in Top 10 Change %
+75.52%
% of All Funds
5.59%
New
281
Increased
741
Reduced
963
Closed
66
Calls
$1.91B
Puts
$1.85B
Net Calls
+$56.3M
Net Calls Change
-$228M
Name Holding Trade Value Shares
Change
Change in
Stake
GLA
201
Great Lakes Advisors
Illinois
$68.8M -$22.2M -314,633 -25%
SEI Investments
202
SEI Investments
Pennsylvania
$68.1M +$11.7M +166,309 +21%
Acadian Asset Management
203
Acadian Asset Management
Massachusetts
$67.7M +$4.61M +65,300 +8%
RCAMU
204
Rothschild & Co Asset Management US
Connecticut
$65.9M +$63.8M +903,890 New
FMI
205
Factory Mutual Insurance
Massachusetts
$64.7M +$8.51M +120,519 +16%
Public Sector Pension Investment Board (PSP Investments)
206
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$64.3M -$21.1M -298,578 -25%
RPI
207
Railway Pension Investments
United Kingdom
$63.6M +$61.5M +871,745 New
Dodge & Cox
208
Dodge & Cox
California
$63.4M -$12M -170,026 -16%
PAM
209
Panagora Asset Management
Massachusetts
$63.4M -$23.8M -337,850 -28%
KBG
210
Kahn Brothers Group
New York
$61.1M -$590K -8,361 -0.9%
SOMRS
211
State of Michigan Retirement System
Michigan
$59.9M -$3.55M -50,304 -6%
CAM
212
Cacti Asset Management
Georgia
$59.3M
Bessemer Group
213
Bessemer Group
New Jersey
$58.9M +$51.7M +732,156 +973%
MIM
214
MetLife Investment Management
New Jersey
$56.8M -$2.22M -31,451 -4%
TCM
215
Tekla Capital Management
Massachusetts
$56.4M +$6.87M +97,359 +14%
CAM
216
ClariVest Asset Management
California
$55.9M -$2.41M -34,102 -4%
NA
217
Neuburgh Advisers
California
$55.6M +$18.7M +264,798 +53%
Bank of Nova Scotia
218
Bank of Nova Scotia
Ontario, Canada
$54.8M -$54.6M -774,053 -51%
EDRH
219
Edmond de Rothschild Holding
Switzerland
$54.2M -$11.8M -167,821 -18%
FWIA
220
Fort Washington Investment Advisors
Ohio
$53.3M -$2.62M -37,100 -5%
OPERF
221
Oregon Public Employees Retirement Fund
Oregon
$53.1M +$29.7M +420,161 +136%
GF
222
Gabelli Funds
New York
$53M -$6.92M -97,988 -12%
OAG
223
Orbis Allan Gray
Bermuda
$52.8M -$7.36M -104,244 -13%
MAM
224
Martingale Asset Management
Massachusetts
$52.8M -$301K -4,257 -0.6%
RCM
225
Radnor Capital Management
Pennsylvania
$52.4M -$737K -10,441 -1%

MRK Hedge Fund Activity: Q4 2018 in Review

2,251 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Merck (MRK) for Q4 2018, worth a combined $150B — up 6.2% from $142B a quarter earlier.

Buyers outnumbered sellers: 281 funds opened new MRK positions and 66 closed out — a net gain of 215 holders — while 741 added to existing stakes and 963 trimmed.

The largest buyer was Jennison Associates, adding an estimated $891M. The largest seller was Franklin Resources, cutting an estimated $833M.

  • 2,251 institutional investors held Merck (MRK) as of Q4 2018, up from 2,057 in Q3 2018.
  • Funds reported $150B of Merck stock for Q4 2018, up 6.2% quarter-over-quarter.
  • 281 funds opened new Merck positions in Q4 2018 and 66 closed out, a net change of +215 holders.
  • The largest Merck buyer in Q4 2018 was Jennison Associates, an estimated $891M added.
  • The largest Merck seller in Q4 2018 was Franklin Resources, an estimated $833M sold.

Based on aggregated 13F filings for Q4 2018.