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Institutional Ownership · SEC Form 13F

Who owns MRK (MRK)


Which tracked institutional funds hold MRK, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See MRK company fundamentals →

Ownership as of the 2026-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.

3,755
Institutional holders
1,964,630,735
Shares held (tracked funds)

How the tape is positioned

The tracked-fund tape on MRK is one-sided between 2025-Q4 and 2026-Q1: 1477 added or opened and 376 trimmed or exited — on balance accumulating.

A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.

Conviction spread

MRK’s largest tracked holder by dollar value, BlackRock, Inc., sizes it at 0.5% of its own reported 13F book, while the median holder sizes it at 0.5% of theirs — a 0.0pp conviction gap — its largest holder concentrates the name more heavily than the typical one.

Book-share is each fund’s reported value in MRK divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.

Institutional & insider positioning

Between 2025-Q4 and 2026-Q1, across 3752 tracked filers holding MRK, 1752 increased or opened the position and 1778 reduced or closed it; over the same quarter, open-market insider Form 4 buying and selling roughly offset.

This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.

New buyers & exits

Funds opening or closing a position in MRK between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.

New buyers 104

  • VANGUARD CAPITAL MANAGEMENT LLC$19.4B
  • VANGUARD PORTFOLIO MANAGEMENT LLC$8.1B
  • VANGUARD FIDUCIARY TRUST CO$1.7B
  • Vanguard Global Advisers, LLC$672M
  • VANGUARD ASSET MANAGEMENT, Ltd$602M
  • SEB Asset Management AB$198M

Full exits 114

  • VANGUARD GROUP INC$26.8B
  • Pacer Advisors, Inc.$916M
  • Skandinaviska Enskilda Banken AB (publ)$192M
  • VIRGINIA RETIREMENT SYSTEMS ET Al$143M
  • Railway Pension Investments Ltd$122M
  • COMERICA BANK$98M

Largest adds

  • BlackRock, Inc.$3.8B
  • JPMORGAN CHASE & CO$3.2B
  • STATE STREET CORP$1.7B
  • FMR LLC$1.0B
  • WELLINGTON MANAGEMENT GROUP LLP$1.0B
  • MORGAN STANLEY$999M

Largest trims

  • ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$694M
  • NORGES BANK$567M
  • MILLENNIUM MANAGEMENT LLC$479M
  • MASSACHUSETTS FINANCIAL SERVICES CO /MA/$429M
  • UBS Group AG$343M
  • LOS ANGELES CAPITAL MANAGEMENT LLC$316M

Institutional holders

One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).

FundSharesReported value% of valueQuarter
BlackRock, Inc. added223,515,009$26.9B12.1%2026-Q1
VANGUARD CAPITAL MANAGEMENT LLC new160,987,624$19.4B8.7%2026-Q1
STATE STREET CORP trimmed119,325,673$14.5B6.5%2026-Q1
WELLINGTON MANAGEMENT GROUP LLP trimmed84,314,971$10.1B4.6%2026-Q1
VANGUARD PORTFOLIO MANAGEMENT LLC new67,304,305$8.1B3.7%2026-Q1
GEODE CAPITAL MANAGEMENT, LLC trimmed59,558,154$7.1B3.2%2026-Q1
JPMORGAN CHASE & CO added52,972,983$6.3B2.8%2026-Q1
CHARLES SCHWAB INVESTMENT MANAGEMENT INC added49,765,225$6.0B2.7%2026-Q1
MORGAN STANLEY added47,632,487$5.7B2.6%2026-Q1
FMR LLC added44,436,327$5.3B2.4%2026-Q1
BANK OF AMERICA CORP /DE/ added30,774,221$3.7B1.7%2026-Q1
NORGES BANK added38,227,690$3.4B1.5%2026-Q1
NORTHERN TRUST CORP trimmed27,090,023$3.3B1.5%2026-Q1
Fisher Asset Management, LLC added26,436,284$3.2B1.4%2026-Q1
PRICE T ROWE ASSOCIATES INC /MD/ added23,042,842$2.8B1.3%2026-Q1
Invesco Ltd. added21,624,033$2.6B1.2%2026-Q1
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added20,414,819$2.5B1.1%2026-Q1
GOLDMAN SACHS GROUP INC added20,133,379$2.4B1.1%2026-Q1
Legal & General Group Plc trimmed19,538,545$2.4B1.1%2026-Q1
Bank of New York Mellon Corp trimmed18,713,363$2.3B1.0%2026-Q1
AMERIPRISE FINANCIAL INC added16,262,708$2.0B0.9%2026-Q1
FRANKLIN RESOURCES INC added16,267,205$2.0B0.9%2026-Q1
DIMENSIONAL FUND ADVISORS LP added15,456,039$1.9B0.8%2026-Q1
VANGUARD FIDUCIARY TRUST CO new13,964,179$1.7B0.8%2026-Q1
UBS Group AG trimmed13,933,630$1.7B0.8%2026-Q1
STATE FARM MUTUAL AUTOMOBILE INSURANCE CO13,794,969$1.7B0.7%2026-Q1
Amundi added13,764,954$1.7B0.7%2026-Q1
ROYAL BANK OF CANADA added13,201,722$1.6B0.7%2026-Q1
DEUTSCHE BANK AG\ trimmed12,540,774$1.5B0.7%2026-Q1
HARRIS ASSOCIATES L P trimmed12,366,933$1.5B0.7%2026-Q1
WELLS FARGO & COMPANY/MN added11,446,845$1.4B0.6%2026-Q1
Nuveen, LLC added10,099,764$1.2B0.5%2026-Q1
ALLIANCEBERNSTEIN L.P. added11,301,486$1.2B0.5%2026-Q1
AQR CAPITAL MANAGEMENT LLC trimmed8,625,846$1.0B0.5%2026-Q1
NORDEA INVESTMENT MANAGEMENT AB trimmed8,527,993$1.0B0.5%2026-Q1
STIFEL FINANCIAL CORP trimmed8,291,826$997M0.5%2026-Q1
BARROW HANLEY MEWHINNEY & STRAUSS LLC added7,917,866$952M0.4%2026-Q1
HSBC HOLDINGS PLC trimmed7,634,112$918M0.4%2026-Q1
BARCLAYS PLC added7,557,518$909M0.4%2026-Q1
PNC FINANCIAL SERVICES GROUP, INC. trimmed7,530,441$906M0.4%2026-Q1
California Public Employees Retirement System trimmed7,383,088$888M0.4%2026-Q1
Swiss National Bank added7,284,151$876M0.4%2026-Q1
Swedbank AB trimmed7,091,711$853M0.4%2026-Q1
Grantham, Mayo, Van Otterloo & Co. LLC added7,013,777$844M0.4%2026-Q1
Aristotle Capital Management, LLC trimmed6,894,432$829M0.4%2026-Q1
RAYMOND JAMES FINANCIAL INC trimmed6,585,514$792M0.4%2026-Q1
Sumitomo Mitsui Trust Group, Inc. trimmed6,269,316$754M0.3%2026-Q1
JENNISON ASSOCIATES LLC added6,249,337$752M0.3%2026-Q1
Mitsubishi UFJ Asset Management Co., Ltd. added5,782,329$696M0.3%2026-Q1
National Pension Service trimmed5,762,086$693M0.3%2026-Q1
Vanguard Global Advisers, LLC new5,585,694$672M0.3%2026-Q1
AMERICAN CENTURY COMPANIES INC added5,547,858$667M0.3%2026-Q1
DekaBank Deutsche Girozentrale5,427,912$652M0.3%2026-Q1
VOYA INVESTMENT MANAGEMENT LLC added5,159,124$621M0.3%2026-Q1
LSV ASSET MANAGEMENT trimmed5,088,709$612M0.3%2026-Q1
VANGUARD ASSET MANAGEMENT, Ltd new5,003,623$602M0.3%2026-Q1
BANK OF MONTREAL /CAN/ trimmed4,831,161$581M0.3%2026-Q1
PRINCIPAL FINANCIAL GROUP INC trimmed4,709,942$567M0.3%2026-Q1
Aberdeen Group plc added4,665,193$561M0.3%2026-Q1
Capital Wealth Planning, LLC trimmed4,516,730$543M0.2%2026-Q1
FIRST TRUST ADVISORS LP trimmed4,465,569$537M0.2%2026-Q1
ACADIAN ASSET MANAGEMENT LLC added4,202,381$505M0.2%2026-Q1
Allianz Asset Management GmbH trimmed3,964,890$477M0.2%2026-Q1
ENVESTNET ASSET MANAGEMENT INC added3,852,976$463M0.2%2026-Q1
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed3,835,612$461M0.2%2026-Q1
CITADEL ADVISORS LLC trimmed3,821,227$460M0.2%2026-Q1
Caisse de depot et placement du Quebec trimmed3,799,379$457M0.2%2026-Q1
RHUMBLINE ADVISERS trimmed3,797,430$457M0.2%2026-Q1
VICTORY CAPITAL MANAGEMENT INC trimmed3,789,757$456M0.2%2026-Q1
LPL Financial LLC added3,782,188$455M0.2%2026-Q1
THORNBURG INVESTMENT MANAGEMENT INC3,728,673$449M0.2%2026-Q1
Bank Julius Baer & Co. Ltd, Zurich added3,700,222$443M0.2%2026-Q1
HighTower Advisors, LLC trimmed3,635,404$437M0.2%2026-Q1
CANADA PENSION PLAN INVESTMENT BOARD trimmed3,616,870$435M0.2%2026-Q1
NEW YORK STATE COMMON RETIREMENT FUND trimmed3,516,025$423M0.2%2026-Q1
D. E. Shaw & Co., Inc. trimmed3,397,582$409M0.2%2026-Q1
NEUBERGER BERMAN GROUP LLC added3,280,851$395M0.2%2026-Q1
LAZARD ASSET MANAGEMENT LLC trimmed3,254,331$391M0.2%2026-Q1
AVIVA PLC added3,236,573$389M0.2%2026-Q1
Beutel, Goodman & Co Ltd. trimmed3,029,891$364M0.2%2026-Q1
FEDERATED HERMES, INC. added3,008,096$362M0.2%2026-Q1
CANADA LIFE ASSURANCE Co added2,974,102$359M0.2%2026-Q1
NATIXIS ADVISORS, LLC added2,970,290$357M0.2%2026-Q1
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP trimmed2,936,330$353M0.2%2026-Q1
ROYAL LONDON ASSET MANAGEMENT LTD trimmed2,896,154$348M0.2%2026-Q1
JANUS HENDERSON GROUP PLC added2,880,199$346M0.2%2026-Q1
Eurizon Capital SGR S.p.A. added2,822,423$339M0.2%2026-Q1
Mariner, LLC added2,795,221$336M0.2%2026-Q1
CITIGROUP INC added2,779,106$334M0.2%2026-Q1
MARSHALL WACE, LLP trimmed2,778,301$334M0.2%2026-Q1
ADAGE CAPITAL PARTNERS GP, L.L.C. trimmed2,687,439$323M0.1%2026-Q1
JONES FINANCIAL COMPANIES LLLP added2,659,381$318M0.1%2026-Q1
Ensign Peak Advisors, Inc added2,613,009$314M0.1%2026-Q1
MACKENZIE FINANCIAL CORP added2,517,435$303M0.1%2026-Q1
Russell Investments Group, Ltd. trimmed2,526,631$302M0.1%2026-Q1
Smead Capital Management, Inc. trimmed2,471,398$297M0.1%2026-Q1
Corient Private Wealth LLC trimmed2,428,276$291M0.1%2026-Q1
Thrivent Financial for Lutherans trimmed2,351,669$283M0.1%2026-Q1
VANGUARD GROUP INC added254,307,697$26.8B12.1%2025-Q4 stale
Pacer Advisors, Inc. trimmed4,351,397$458M0.2%2025-Q4 stale

Ownership over time

Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.

HoldersTotal shares

Reading this table

Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.

About 13F filings

A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.

Learn how to read institutional ownership