Merck
MRK
1,603 hedge funds and large institutions have $124B invested in Merck in 2014 Q1 according to their latest regulatory filings, with 116 funds opening new positions, 596 increasing their positions, 703 reducing their positions, and 64 closing their positions.
81% more first-time investments, than exits
New positions opened: 116 | Existing positions closed: 64
38% more call options, than puts
Call options by funds: $1.01B | Put options by funds: $733M
30% more funds holding in top 10
Funds holding in top 10: 113 → 147 (+34)
14% more capital invested
Capital invested by funds: $109B → $124B (+$15.3B)
2% more funds holding
Funds holding: 1,567 → 1,603 (+36)
0.06% less ownership
Funds ownership: 74.45% → 74.39% (-0.06%)
15% less repeat investments, than reductions
Existing positions increased: 596 | Existing positions reduced: 703
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
+$608M |
| 2 |
JP Morgan Chase
New York
|
+$425M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$340M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$248M |
| 5 |
Capital World Investors
Los Angeles,
California
|
+$247M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dodge & Cox
San Francisco,
California
|
-$480M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$418M |
| 3 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$388M |
| 4 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$363M |
| 5 |
State Street
Boston,
Massachusetts
|
-$201M |
MRK Hedge Fund Activity: Q1 2014 in Review
1,603 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Merck (MRK) for Q1 2014, worth a combined $124B — up 14% from $109B a quarter earlier.
Buyers outnumbered sellers: 116 funds opened new MRK positions and 64 closed out — a net gain of 52 holders — while 596 added to existing stakes and 703 trimmed.
The largest buyer was Jennison Associates, adding an estimated $608M. The largest seller was Dodge & Cox, cutting an estimated $480M.
- 1,603 institutional investors held Merck (MRK) as of Q1 2014, up from 1,567 in Q4 2013.
- Funds reported $124B of Merck stock for Q1 2014, up 14% quarter-over-quarter.
- 116 funds opened new Merck positions in Q1 2014 and 64 closed out, a net change of +52 holders.
- The largest Merck buyer in Q1 2014 was Jennison Associates, an estimated $608M added.
- The largest Merck seller in Q1 2014 was Dodge & Cox, an estimated $480M sold.
Based on aggregated 13F filings for Q1 2014.