Merck
MRK
2,307 hedge funds and large institutions have $162B invested in Merck in 2019 Q3 according to their latest regulatory filings, with 101 funds opening new positions, 955 increasing their positions, 938 reducing their positions, and 76 closing their positions.
33% more first-time investments, than exits
New positions opened: 101 | Existing positions closed: 76
2% more repeat investments, than reductions
Existing positions increased: 955 | Existing positions reduced: 938
0% more funds holding
Funds holding: 2,299 → 2,307 (+8)
1% less capital invested
Capital invested by funds: $164B → $162B (-$1.14B)
0.82% less ownership
Funds ownership: 76.18% → 75.36% (-0.82%)
7% less funds holding in top 10
Funds holding in top 10: 200 → 187 (-13)
16% less call options, than puts
Call options by funds: $1.45B | Put options by funds: $1.73B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$317M |
| 2 |
Renaissance Technologies
New York
|
+$229M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$218M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$164M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$153M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KBG
Kahn Brothers Group
New York
|
-$726M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
-$500M |
| 3 |
BlackRock
New York
|
-$484M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$337M |
| 5 |
Capital World Investors
Los Angeles,
California
|
-$316M |
MRK Hedge Fund Activity: Q3 2019 in Review
2,307 of the 4,575 institutional investors tracked by Wall St. Rank reported a position in Merck (MRK) for Q3 2019, worth a combined $162B — down 0.7% from $164B a quarter earlier.
Buyers outnumbered sellers: 101 funds opened new MRK positions and 76 closed out — a net gain of 25 holders — while 955 added to existing stakes and 938 trimmed.
The largest buyer was Victory Capital Management, adding an estimated $317M. The largest seller was Kahn Brothers Group, cutting an estimated $726M.
- 2,307 institutional investors held Merck (MRK) as of Q3 2019, up from 2,299 in Q2 2019.
- Funds reported $162B of Merck stock for Q3 2019, down 0.7% quarter-over-quarter.
- 101 funds opened new Merck positions in Q3 2019 and 76 closed out, a net change of +25 holders.
- The largest Merck buyer in Q3 2019 was Victory Capital Management, an estimated $317M added.
- The largest Merck seller in Q3 2019 was Kahn Brothers Group, an estimated $726M sold.
Based on aggregated 13F filings for Q3 2019.