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2,018 hedge funds and large institutions have $120B invested in Merck in 2018 Q2 according to their latest regulatory filings, with 120 funds opening new positions, 780 increasing their positions, 868 reducing their positions, and 77 closing their positions.

New
Increased
Maintained
Reduced
Closed

56% more first-time investments, than exits

New positions opened: 120 | Existing positions closed: 77

37% more funds holding in top 10

Funds holding in top 10: 84115 (+31)

10% more call options, than puts

Call options by funds: $1.22B | Put options by funds: $1.1B

10% more capital invested

Capital invested by funds: $110B → $120B (+$10.7B)

1% more funds holding

Funds holding: 1,9932,018 (+25)

0.83% less ownership

Funds ownership: 78.21%77.38% (-0.83%)

10% less repeat investments, than reductions

Existing positions increased: 780 | Existing positions reduced: 868

Holders
2,018
Holders Change
+25
Holders Change %
+1.25%
% of All Funds
46.19%
Holding in Top 10
115
Holding in Top 10 Change
+31
Holding in Top 10 Change %
+36.9%
% of All Funds
2.63%
New
120
Increased
780
Reduced
868
Closed
77
Calls
$1.22B
Puts
$1.1B
Net Calls
+$112M
Net Calls Change
-$116M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$12.3B +$172M +3,045,550 +1%
BlackRock
2
BlackRock
New York
$11.3B +$49.1M +871,143 +0.5%
State Street
3
State Street
Massachusetts
$6.64B -$161M -2,862,028 -2%
Capital World Investors
4
Capital World Investors
California
$6.37B +$904M +16,022,220 +17%
Wellington Management Group
5
Wellington Management Group
Massachusetts
$4.51B -$103M -1,827,106 -2%
Franklin Resources
6
Franklin Resources
California
$2.73B -$240M -4,253,347 -8%
JP Morgan Chase
7
JP Morgan Chase
New York
$2.73B +$407M +7,214,119 +18%
T. Rowe Price Associates
8
T. Rowe Price Associates
Maryland
$2.59B +$84M +1,488,395 +3%
Bank of America
9
Bank of America
North Carolina
$2.58B -$152M -2,695,905 -6%
Bank of New York Mellon
10
Bank of New York Mellon
New York
$2.35B +$193M +3,420,228 +9%
Northern Trust
11
Northern Trust
Illinois
$1.98B -$41.9M -742,607 -2%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$1.86B +$18.9M +335,262 +1%
Norges Bank
13
Norges Bank
Norway
$1.76B +$30.1M +534,406 +2%
Deutsche Bank
14
Deutsche Bank
Germany
$1.62B -$152M -2,695,842 -9%
Wells Fargo
15
Wells Fargo
California
$1.52B -$166M -2,935,359 -10%
Invesco
16
Invesco
Georgia
$1.25B +$57.3M +1,015,262 +5%
Goldman Sachs
17
Goldman Sachs
New York
$1.01B -$392M -6,944,325 -29%
Morgan Stanley
18
Morgan Stanley
New York
$965M +$8.84M +156,611 +0.9%
State Farm Mutual Automobile Insurance
19
State Farm Mutual Automobile Insurance
Illinois
$919M
Macquarie Group
20
Macquarie Group
Australia
$894M +$142M +2,522,364 +20%
Boston Partners
21
Boston Partners
Massachusetts
$883M -$22M -389,931 -2%
ClearBridge Investments
22
ClearBridge Investments
New York
$793M -$24.9M -441,425 -3%
Legal & General Group
23
Legal & General Group
United Kingdom
$776M -$41.3M -731,744 -5%
Janus Henderson Group
24
Janus Henderson Group
United Kingdom
$758M +$218M +3,859,080 +42%
Royal Bank of Canada
25
Royal Bank of Canada
Ontario, Canada
$747M +$1.08M +19,062 +0.1%

MRK Hedge Fund Activity: Q2 2018 in Review

2,018 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in Merck (MRK) for Q2 2018, worth a combined $120B — up 9.7% from $110B a quarter earlier.

Buyers outnumbered sellers: 120 funds opened new MRK positions and 77 closed out — a net gain of 43 holders — while 780 added to existing stakes and 868 trimmed.

The largest buyer was Capital World Investors, adding an estimated $904M. The largest seller was Dodge & Cox, cutting an estimated $620M.

  • 2,018 institutional investors held Merck (MRK) as of Q2 2018, up from 1,993 in Q1 2018.
  • Funds reported $120B of Merck stock for Q2 2018, up 9.7% quarter-over-quarter.
  • 120 funds opened new Merck positions in Q2 2018 and 77 closed out, a net change of +43 holders.
  • The largest Merck buyer in Q2 2018 was Capital World Investors, an estimated $904M added.
  • The largest Merck seller in Q2 2018 was Dodge & Cox, an estimated $620M sold.

Based on aggregated 13F filings for Q2 2018.