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3,180 hedge funds and large institutions have $207B invested in Merck in 2023 Q1 according to their latest regulatory filings, with 164 funds opening new positions, 1,203 increasing their positions, 1,448 reducing their positions, and 148 closing their positions.

New
Increased
Maintained
Reduced
Closed

23% more call options, than puts

Call options by funds: $1.84B | Put options by funds: $1.49B

11% more first-time investments, than exits

New positions opened: 164 | Existing positions closed: 148

3.05% more ownership

Funds ownership: 75.53%78.57% (+3%)

4% less capital invested

Capital invested by funds: $216B → $207B (-$9.61B)

2% less funds holding

Funds holding: 3,2353,180 (-55)

17% less repeat investments, than reductions

Existing positions increased: 1,203 | Existing positions reduced: 1,448

23% less funds holding in top 10

Funds holding in top 10: 342262 (-80)

Holders
3,180
Holders Change
-55
Holders Change %
-1.7%
% of All Funds
50.67%
Holding in Top 10
262
Holding in Top 10 Change
-80
Holding in Top 10 Change %
-23.39%
% of All Funds
4.17%
New
164
Increased
1,203
Reduced
1,448
Closed
148
Calls
$1.84B
Puts
$1.49B
Net Calls
+$343M
Net Calls Change
+$245M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$26B +$1.81B +16,739,145 +7%
BlackRock
2
BlackRock
New York
$22.2B -$608M -5,629,537 -3%
State Street
3
State Street
Massachusetts
$12.5B -$170M -1,574,600 -1%
Wellington Management Group
4
Wellington Management Group
Massachusetts
$7.29B +$707M +6,546,946 +11%
Geode Capital Management
5
Geode Capital Management
Massachusetts
$5.44B +$311M +2,879,481 +6%
Bank of America
6
Bank of America
North Carolina
$4.26B -$21.4M -197,932 -0.5%
Morgan Stanley
7
Morgan Stanley
New York
$4.15B -$303M -2,805,260 -7%
Fidelity Investments
8
Fidelity Investments
Massachusetts
$3.8B +$894M +8,281,942 +30%
Charles Schwab
9
Charles Schwab
California
$3.26B +$75.1M +695,692 +2%
Northern Trust
10
Northern Trust
Illinois
$3.24B +$29.3M +271,188 +0.9%
T. Rowe Price Associates
11
T. Rowe Price Associates
Maryland
$3.17B +$381M +3,524,385 +13%
Bank of New York Mellon
12
Bank of New York Mellon
New York
$3.1B -$135M -1,246,651 -4%
Norges Bank
13
Norges Bank
Norway
$2.75B +$129M +1,198,042 +5%
Deutsche Bank
14
Deutsche Bank
Germany
$2.41B +$204M +1,890,526 +9%
Massachusetts Financial Services
15
Massachusetts Financial Services
Massachusetts
$2.41B -$134M -1,243,479 -5%
JP Morgan Chase
16
JP Morgan Chase
New York
$2.1B -$441M -4,082,769 -17%
Legal & General Group
17
Legal & General Group
United Kingdom
$2.08B +$43M +398,252 +2%
Invesco
18
Invesco
Georgia
$2.02B +$111M +1,025,444 +6%
Wells Fargo
19
Wells Fargo
California
$1.9B -$49M -453,650 -2%
Ameriprise
20
Ameriprise
Minnesota
$1.84B -$174M -1,613,717 -9%
N
21
Nuveen
North Carolina
$1.74B +$9.71M +89,910 +0.6%
Royal Bank of Canada
22
Royal Bank of Canada
Ontario, Canada
$1.59B -$74.5M -690,216 -4%
Capital World Investors
23
Capital World Investors
California
$1.53B +$259M +2,399,262 +20%
State Farm Mutual Automobile Insurance
24
State Farm Mutual Automobile Insurance
Illinois
$1.51B
Janus Henderson Group
25
Janus Henderson Group
United Kingdom
$1.45B +$28.8M +266,757 +2%

MRK Hedge Fund Activity: Q1 2023 in Review

3,180 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Merck (MRK) for Q1 2023, worth a combined $207B — down 4.4% from $216B a quarter earlier.

Buyers outnumbered sellers: 164 funds opened new MRK positions and 148 closed out — a net gain of 16 holders — while 1,203 added to existing stakes and 1,448 trimmed.

The largest buyer was Vanguard Group, adding an estimated $1.81B. The largest seller was BlackRock, cutting an estimated $608M.

  • 3,180 institutional investors held Merck (MRK) as of Q1 2023, down from 3,235 in Q4 2022.
  • Funds reported $207B of Merck stock for Q1 2023, down 4.4% quarter-over-quarter.
  • 164 funds opened new Merck positions in Q1 2023 and 148 closed out, a net change of +16 holders.
  • The largest Merck buyer in Q1 2023 was Vanguard Group, an estimated $1.81B added.
  • The largest Merck seller in Q1 2023 was BlackRock, an estimated $608M sold.

Based on aggregated 13F filings for Q1 2023.