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3,448 hedge funds and large institutions have $181B invested in Merck in 2025 Q1 according to their latest regulatory filings, with 180 funds opening new positions, 1,347 increasing their positions, 1,599 reducing their positions, and 278 closing their positions.

New
Increased
Maintained
Reduced
Closed

11% more call options, than puts

Call options by funds: $2.57B | Put options by funds: $2.32B

0.43% more ownership

Funds ownership: 78.27%78.7% (+0.43%)

4% less funds holding

Funds holding: 3,6083,448 (-160)

8% less capital invested

Capital invested by funds: $197B → $181B (-$16.1B)

11% less funds holding in top 10

Funds holding in top 10: 7365 (-8)

16% less repeat investments, than reductions

Existing positions increased: 1,347 | Existing positions reduced: 1,599

35% less first-time investments, than exits

New positions opened: 180 | Existing positions closed: 278

Holders
3,448
Holders Change
-160
Holders Change %
-4.43%
% of All Funds
46.23%
Holding in Top 10
65
Holding in Top 10 Change
-8
Holding in Top 10 Change %
-10.96%
% of All Funds
0.87%
New
180
Increased
1,347
Reduced
1,599
Closed
278
Calls
$2.57B
Puts
$2.32B
Net Calls
+$255M
Net Calls Change
+$17.9M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$22.7B +$132M +1,417,274 +0.6%
BlackRock
2
BlackRock
New York
$20.2B +$310M +3,316,386 +1%
State Street
3
State Street
Massachusetts
$10.9B -$35.4M -379,666 -0.3%
Wellington Management Group
4
Wellington Management Group
Massachusetts
$7.33B +$86.6M +927,621 +1%
Geode Capital Management
5
Geode Capital Management
Massachusetts
$5.34B -$142M -1,524,593 -2%
Charles Schwab
6
Charles Schwab
California
$4.42B +$2.72B +29,104,112 +145%
Morgan Stanley
7
Morgan Stanley
New York
$3.87B -$99.8M -1,069,247 -2%
Norges Bank
8
Norges Bank
Norway
$3.43B +$303M +3,247,805 +9%
Fidelity Investments
9
Fidelity Investments
Massachusetts
$2.86B -$518M -5,552,529 -15%
Bank of America
10
Bank of America
North Carolina
$2.79B -$501M -5,360,697 -15%
TIM
11
Thornburg Investment Management
New Mexico
$2.77B +$113M +1,210,422 +65%
Northern Trust
12
Northern Trust
Illinois
$2.73B -$92.1M -986,243 -3%
JP Morgan Chase
13
JP Morgan Chase
New York
$2.56B +$131M +1,398,367 +5%
Fisher Asset Management
14
Fisher Asset Management
Washington
$2.19B +$778M +8,334,193 +52%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$2.08B -$101M -1,082,680 -4%
Franklin Resources
16
Franklin Resources
California
$1.97B +$189M +2,024,409 +10%
UBS Group
17
UBS Group
Switzerland
$1.89B +$354M +3,789,980 +22%
UBS AM
18
UBS AM
Illinois
$1.86B -$75.7M -810,281 -4%
Legal & General Group
19
Legal & General Group
United Kingdom
$1.77B +$25.3M +270,797 +1%
Deutsche Bank
20
Deutsche Bank
Germany
$1.72B -$6.91M -74,011 -0.4%
Raymond James Financial
21
Raymond James Financial
Florida
$1.4B -$4.8M -51,440 -0.3%
Invesco
22
Invesco
Georgia
$1.37B -$14.4M -154,106 -1%
Goldman Sachs
23
Goldman Sachs
New York
$1.29B -$255M -2,731,720 -16%
Arrowstreet Capital
24
Arrowstreet Capital
Massachusetts
$1.29B +$737M +7,888,914 +122%
Royal Bank of Canada
25
Royal Bank of Canada
Ontario, Canada
$1.27B -$392M -4,197,825 -23%

MRK Hedge Fund Activity: Q1 2025 in Review

3,448 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Merck (MRK) for Q1 2025, worth a combined $181B — down 8.2% from $197B a quarter earlier.

Sellers outnumbered buyers: 278 funds closed out of MRK and 180 opened new positions — a net loss of 98 holders — while 1,599 trimmed existing stakes and 1,347 added.

The largest buyer was Charles Schwab, adding an estimated $2.72B. The largest seller was Capital World Investors, exiting entirely with an estimated $787M sold.

  • 3,448 institutional investors held Merck (MRK) as of Q1 2025, down from 3,608 in Q4 2024.
  • Funds reported $181B of Merck stock for Q1 2025, down 8.2% quarter-over-quarter.
  • 180 funds opened new Merck positions in Q1 2025 and 278 closed out, a net change of -98 holders.
  • The largest Merck buyer in Q1 2025 was Charles Schwab, an estimated $2.72B added.
  • The largest Merck seller in Q1 2025 was Capital World Investors, an estimated $787M sold.

Based on aggregated 13F filings for Q1 2025.