L3VLUP
Quarter end
30 Jun 2025
the date the book describes
Filed
27 Oct 2026
latest of these filings; the earliest 7 Aug 2025
Managers listing it
31
at least, of 95 tracked, among listed positions
Comparable managers
95
filed both Q1 2025 and Q2 2025; 28 listed it in both
Shares listed
233,245,354
combined, among listed positions
Reported value
$18.5bn
combined, at the quarter end

Among the 95 comparable managers: 18 buyers (opened or added shares) and 13 sellers (trimmed or exited), at least, among listed positions. Their net change in shares is not known from listed positions, because at least one of them lists it in only one of the two quarters.

Managers listing MRK in Q2 2025

Share of 13F value is the position’s reported value over everything the manager reported that quarter. The share change is against Q1 2025, and only where both filings list the position. A rise in value with no rise in shares is the price, not buying.

31 of 31 holders

ActionFiling
Wellington Management Group LLP76,856,492$6.1bn1.10%Trimmed-4,813,15914 Aug 2025 (the filing on sec.gov)
Fidelity (FMR LLC)31,566,125$2.5bn0.14%Trimmed-241,91814 Aug 2025 (the filing on sec.gov)
Arrowstreet Capital LP19,456,096$1.5bn1.09%Added+5,094,08813 Aug 2025 (the filing on sec.gov)
Invesco Ltd17,023,170$1.3bn0.23%Added+1,725,03613 Aug 2025 (the filing on sec.gov)
T. Rowe Price Associates Inc10,797,990$855m0.10%Trimmed-967,84214 Aug 2025 (the filing on sec.gov)
D. E. Shaw & Co.10,367,789$821m0.58%Added+1,056,06314 Aug 2025 (the filing on sec.gov)
Harris Associates LP9,131,318$723m1.18%Added+1,661,95814 Aug 2025 (the filing on sec.gov)
AllianceBernstein LP8,854,176$701m0.23%Trimmed-1,382,21914 Aug 2025 (the filing on sec.gov)
AQR Capital Management LLC8,787,272$690m0.57%Added+1,029,45414 Aug 2025 (the filing on sec.gov)
MFS Investment Management7,679,866$608m0.19%Trimmed-303,3278 Aug 2025 (the filing on sec.gov)
Two Sigma Advisers LP5,678,600$450m0.92%Added+2,390,00014 Aug 2025 (the filing on sec.gov)
Acadian Asset Management LLC4,178,385$331m0.68%Added+1,583,6927 Aug 2025 (the filing on sec.gov)
Capital Research Global Investors3,462,269$274m0.05%Added+311,53513 Aug 2025 (the filing on sec.gov)
Marshall Wace LLP3,144,500$249m0.28%Addedn.a.13 Aug 2025 (the filing on sec.gov)
Squarepoint Ops LLC3,102,582$246m0.26%Trimmed-773,35227 Aug 2025 (the filing on sec.gov)
Man Group PLC2,948,102$233m0.44%Added+440,24614 Aug 2025 (the filing on sec.gov)
Two Sigma Investments LP2,438,348$193m0.34%Added+237,64714 Aug 2025 (the filing on sec.gov)
Voloridge Investment Management LLC1,746,131$138m0.51%Added+72,23714 Aug 2025 (the filing on sec.gov)
Artisan Partners LP1,300,748$103m0.15%Trimmed-26,50012 Aug 2025 (the filing on sec.gov)
Neuberger Berman Group LLC1,242,707$98m0.08%Trimmed-74,41027 Oct 2026 (the filing on sec.gov)
Bridgewater Associates LP1,150,722$91m0.37%Added+615,85613 Aug 2025 (the filing on sec.gov)
Woodline Partners LP778,426$62m0.33%Added+13,90014 Aug 2025 (the filing on sec.gov)
Janus Henderson Group Ltd542,117$43munder 0.1%Trimmed-2,223,24914 Aug 2025 (the filing on sec.gov)
Brevan Howard Capital Management LP448,919$36m0.21%Newnew14 Aug 2025 (the filing on sec.gov)
Hudson Bay Capital Management LP177,755$14munder 0.1%Trimmed-184,78518 Aug 2025 (the filing on sec.gov)
Page 1 of 2

Largest increases and reductions, by shares

Q1 2025 to Q2 2025, among managers that listed it in both quarters or opened it.

Increases

Reductions

New positions and exits

At least these many: a manager is shown exiting only where its own filing shows the position gone.

Exited (0)

No exit shown by a manager’s own filing.

Ownership over time

Every quarter on file. A quarter-end value moves with the price as well as with the shares held; buyers and sellers count comparable managers, by shares.
38 in Q3 2024 to 25 in Q2 2026

Tracked managers listing it, at least.

02040602014201620182020202220242026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
MRK by quarter
QuarterHoldersReported valueBuyersSellers
Q2 201323$25.9bnn.a.n.a.
Q3 201324$25.4bnn.a.n.a.
Q4 201323$27.1bnn.a.n.a.
Q1 201424$31.2bnn.a.n.a.
Q2 201428$30.6bnn.a.n.a.
Q3 201432$30.5bnn.a.n.a.
Q4 201430$28.6bnn.a.n.a.
Q1 201529$28.8bnn.a.n.a.
Q2 201529$27.1bnn.a.n.a.
Q3 201525$23.0bnn.a.n.a.
Q4 201528$23.9bnn.a.n.a.
Q1 201628$23.8bnn.a.n.a.
Q2 201627$25.9bnn.a.n.a.
Q3 201627$27.5bnn.a.n.a.
Q4 201626$24.4bnn.a.n.a.
Q1 201731$24.7bnn.a.n.a.
Q2 201734$24.0bnn.a.n.a.
Q3 201731$23.7bnn.a.n.a.
Q4 201732$20.0bnn.a.n.a.
Q1 201830$17.5bnn.a.n.a.
Q2 201827$19.3bnn.a.n.a.
Q3 201827$22.9bnn.a.n.a.
Q4 201826$24.4bnn.a.n.a.
Q1 201926$24.4bnn.a.n.a.
Q2 201928$23.3bnn.a.n.a.
Q3 201931$23.2bnn.a.n.a.
Q4 201934$24.0bnn.a.n.a.
Q1 202033$18.5bnn.a.n.a.
Q2 202034$18.6bnn.a.n.a.
Q3 202035$20.2bnn.a.n.a.
Q4 202034$19.1bnn.a.n.a.
Q1 202133$16.6bnn.a.n.a.
Q2 202131$15.1bnn.a.n.a.
Q3 202131$15.2bnn.a.n.a.
Q4 202126$15.0bnn.a.n.a.
Q1 202234$17.4bnn.a.n.a.
Q2 202234$19.0bnn.a.n.a.
Q3 202235$17.2bnn.a.n.a.
Q4 202235$25.2bnn.a.n.a.
Q1 202333$26.6bnn.a.n.a.
Q2 202334$30.1bnn.a.n.a.
Q3 202339$26.7bnn.a.n.a.
Q4 202341$29.3bn2220
Q1 202437$37.1bn2119
Q2 202438$33.0bn2118
Q3 202438$29.1bn2317
Q4 202435$23.7bn1819
Q1 202536$20.8bn2018
Q2 202531$18.5bn1813
Q3 202536$19.0bn1818
Q4 202532$26.8bn2519
Q1 202630$28.9bn1327
Q2 202625$29.2bn1424

Compare with…

Holders over time, buyers and sellers, and the managers holding both, side by side for up to four stocks.

MRK and LLY →MRK and JNJ →MRK and VRTX →Choose a stock to compare with MRK →

How much of the picture this is

A 13F is a manager’s long US-listed equity book at a quarter end, filed up to 45 days later. It shows no shorts, cash, bonds or performance, and it is never today’s portfolio. Large books are listed to their largest positions, so a manager missing from this table may still hold a small position below that line. These are 95 tracked managers, not the institutional market.

Which funds own MRK, latest filings →Back to the 13F Explorer →