Merck
MRK
1,602 hedge funds and large institutions have $125B invested in Merck in 2014 Q1 according to their latest regulatory filings, with 115 funds opening new positions, 595 increasing their positions, 704 reducing their positions, and 64 closing their positions.
80% more first-time investments, than exits
New positions opened: 115 | Existing positions closed: 64
38% more call options, than puts
Call options by funds: $1.01B | Put options by funds: $731M
30% more funds holding in top 10
Funds holding in top 10: 113 → 147 (+34)
14% more capital invested
Capital invested by funds: $109B → $125B (+$15.6B)
2% more funds holding
Funds holding: 1,567 → 1,602 (+35)
0.05% less ownership
Funds ownership: 78.02% → 77.96% (-0.05%)
15% less repeat investments, than reductions
Existing positions increased: 595 | Existing positions reduced: 704
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
1,602 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in Merck (MRK) for Q1 2014, worth a combined $125B — up 14% from $109B a quarter earlier.
Buyers outnumbered sellers: 115 funds opened new MRK positions and 64 closed out — a net gain of 51 holders — while 595 added to existing stakes and 704 trimmed.
The largest buyer was Jennison Associates, adding an estimated $608M. The largest seller was Dodge & Cox, cutting an estimated $480M.
- 1,602 institutional investors held Merck (MRK) as of Q1 2014, up from 1,567 in Q4 2013.
- Funds reported $125B of Merck stock for Q1 2014, up 14% quarter-over-quarter.
- 115 funds opened new Merck positions in Q1 2014 and 64 closed out, a net change of +51 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.