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3,333 hedge funds and large institutions have $156B invested in Merck in 2025 Q2 according to their latest regulatory filings, with 177 funds opening new positions, 1,300 increasing their positions, 1,541 reducing their positions, and 251 closing their positions.

New
Increased
Maintained
Reduced
Closed

3% more call options, than puts

Call options by funds: $2.52B | Put options by funds: $2.44B

0.35% less ownership

Funds ownership: 78.68%78.33% (-0.35%)

4% less funds holding

Funds holding: 3,4553,333 (-122)

13% less capital invested

Capital invested by funds: $178B → $156B (-$22.5B)

16% less repeat investments, than reductions

Existing positions increased: 1,300 | Existing positions reduced: 1,541

29% less first-time investments, than exits

New positions opened: 177 | Existing positions closed: 251

35% less funds holding in top 10

Funds holding in top 10: 6542 (-23)

Holders
3,333
Holders Change
-122
Holders Change %
-3.53%
% of All Funds
43.77%
Holding in Top 10
42
Holding in Top 10 Change
-23
Holding in Top 10 Change %
-35.38%
% of All Funds
0.55%
New
177
Increased
1,300
Reduced
1,541
Closed
251
Calls
$2.52B
Puts
$2.44B
Net Calls
+$82.4M
Net Calls Change
-$173M

MRK Hedge Fund Activity: Q2 2025 in Review

3,333 of the 7,614 institutional investors tracked by Wall St. Rank reported a position in Merck (MRK) for Q2 2025, worth a combined $156B — down 13% from $178B a quarter earlier.

Sellers outnumbered buyers: 251 funds closed out of MRK and 177 opened new positions — a net loss of 74 holders — while 1,541 trimmed existing stakes and 1,300 added.

The largest buyer was Franklin Resources, adding an estimated $408M. The largest seller was Raymond James Financial, cutting an estimated $636M.

  • 3,333 institutional investors held Merck (MRK) as of Q2 2025, down from 3,455 in Q1 2025.
  • Funds reported $156B of Merck stock for Q2 2025, down 13% quarter-over-quarter.
  • 177 funds opened new Merck positions in Q2 2025 and 251 closed out, a net change of -74 holders.
  • The largest Merck buyer in Q2 2025 was Franklin Resources, an estimated $408M added.
  • The largest Merck seller in Q2 2025 was Raymond James Financial, an estimated $636M sold.

Based on aggregated 13F filings for Q2 2025.