Who holds ticker verified against the SEC company list on 2026-09-10 — a reviewed name-and-class mapping row, never an inferred symbol. how tickers are mapped ↗

MERCK · COM · quarter ended 2026-03-31 · 62 members disclosed MRK ↗

13F filers reporting this class for the quarter ended 2026-03-31; 1–500 of 3,192 holders are listed, largest first: 3,192
sum of the reported values across every holder; NULL values are excluded, never zero-filled: $212B
holders whose share count rose or who opened the position (new + add), by shares: 1,430
holders absent this quarter after holding last quarter — inferred from absence, not a sale record: 196

Holders — quarter ended 2026-03-31

ranked by reported value · Δ shares vs 2025-12-31 · kind by shares

13F holders of MRK ranked by reported value
#	Filer	Reported value	Shares	Δ shares	Change
1	BlackRock, Inc.	$27.2B	225,830,330	+6,734,865	ADD
2	VANGUARD CAPITAL MANAGEMENT LLC	$19.4B	160,987,624	—	NO PRIOR
3	STATE STREET CORP	$14.5B	119,325,673	−714,495	TRIM
4	WELLINGTON MANAGEMENT GROUP LLP	$10.1B	84,314,971	−2,120,487	TRIM
5	VANGUARD PORTFOLIO MANAGEMENT LLC	$8.1B	67,304,305	—	NO PRIOR
6	GEODE CAPITAL MANAGEMENT, LLC	$7.1B	59,558,154	−489,830	TRIM
7	JPMORGAN CHASE & CO	$6.3B	52,972,983	+23,773,005	ADD
8	CHARLES SCHWAB INVESTMENT MANAGEMENT INC	$6.0B	49,765,225	+1,201,421	ADD
9	MORGAN STANLEY	$5.7B	47,632,487	+2,686,466	ADD
10	FMR LLC	$5.4B	44,516,010	+3,679,444	ADD
11	BANK OF AMERICA CORP /DE/	$3.7B	30,774,221	+2,919,780	ADD
12	NORTHERN TRUST CORP	$3.3B	27,090,023	−144,619	TRIM
13	Fisher Asset Management, LLC	$3.2B	26,436,284	+1,562,957	ADD
14	Invesco Ltd.	$2.6B	21,855,101	+1,308,916	ADD
15	UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC	$2.5B	20,414,819	+981,416	ADD
16	Legal & General Group Plc	$2.4B	19,538,545	−238,297	TRIM
17	Bank of New York Mellon Corp	$2.3B	18,713,363	−451,163	TRIM
18	AMERIPRISE FINANCIAL INC	$2.0B	16,262,708	+288,299	ADD
19	FRANKLIN RESOURCES INC	$2.0B	16,267,205	+203,155	ADD
20	DIMENSIONAL FUND ADVISORS LP	$1.9B	15,456,039	+2,969,856	ADD
21	VANGUARD FIDUCIARY TRUST CO	$1.7B	13,964,179	—	NO PRIOR
22	UBS Group AG	$1.7B	13,933,630	−5,244,642	TRIM
23	STATE FARM MUTUAL AUTOMOBILE INSURANCE CO	$1.7B	13,794,969	0	NO CHANGE
24	Amundi	$1.7B	13,764,954	+379,861	ADD
25	ROYAL BANK OF CANADA	$1.6B	13,201,722	+11,637	ADD
26	DEUTSCHE BANK AG\	$1.5B	12,540,774	−247,537	TRIM
27	HARRIS ASSOCIATES L P	$1.5B	12,366,933	−1,721,772	TRIM
28	WELLS FARGO & COMPANY/MN	$1.4B	11,446,845	+398,634	ADD
29	Nuveen, LLC	$1.2B	10,099,764	+3,141,695	ADD
30	ALLIANCEBERNSTEIN L.P.	$1.2B	11,301,486	+2,669,101	ADD
31	AQR CAPITAL MANAGEMENT LLC	$1.0B	8,628,486	−2,620,877	TRIM
32	NORDEA INVESTMENT MANAGEMENT AB	$1.0B	8,527,993	−2,045,828	TRIM
33	STIFEL FINANCIAL CORP	$997M	8,291,826	−255,243	TRIM
34	BARROW HANLEY MEWHINNEY & STRAUSS LLC	$952M	7,917,866	+563,453	ADD
35	HSBC HOLDINGS PLC	$918M	7,634,112	−8,516,786	TRIM
36	CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM	$888M	7,383,088	−1,185,318	TRIM
37	Swiss National Bank	$876M	7,284,151	+440,700	ADD
38	Swedbank AB	$853M	7,091,711	−559,960	TRIM
39	Grantham, Mayo, Van Otterloo & Co. LLC	$844M	7,013,777	+143,632	ADD
40	Aristotle Capital Management, LLC	$829M	6,894,432	−386,461	TRIM
41	RAYMOND JAMES FINANCIAL INC	$792M	6,585,514	−343,142	TRIM
42	Sumitomo Mitsui Trust Group, Inc.	$754M	6,269,316	−702,485	TRIM
43	JENNISON ASSOCIATES LLC	$752M	6,249,337	+689,849	ADD
44	Mitsubishi UFJ Asset Management Co., Ltd.	$696M	5,782,329	+370,900	ADD
45	National Pension Service	$693M	5,762,086	+5,762,086	NEW
46	Vanguard Global Advisers, LLC	$672M	5,585,694	—	NO PRIOR
47	AMERICAN CENTURY COMPANIES INC	$667M	5,547,858	+179,248	ADD
48	VOYA INVESTMENT MANAGEMENT LLC	$621M	5,159,124	+2,172,653	ADD
49	VANGUARD ASSET MANAGEMENT, Ltd	$602M	5,003,623	—	NO PRIOR
50	BANK OF MONTREAL /CAN/	$581M	4,831,161	−541,040	TRIM
51	PRINCIPAL FINANCIAL GROUP INC	$567M	4,709,942	−372,776	TRIM
52	Aberdeen Group plc	$561M	4,665,193	+14,191	ADD
53	Capital Wealth Planning, LLC	$543M	4,516,730	−487,467	TRIM
54	FIRST TRUST ADVISORS LP	$537M	4,465,569	−162,791	TRIM
55	Allianz Asset Management GmbH	$477M	3,964,890	−1,936	TRIM
56	ENVESTNET ASSET MANAGEMENT INC	$463M	3,852,976	+648,636	ADD
57	CITADEL ADVISORS LLC	$460M	3,821,227	−3,000,104	TRIM
58	CAISSE DE DEPOT ET PLACEMENT DU QUEBEC	$457M	3,799,379	−332,079	TRIM
59	VICTORY CAPITAL MANAGEMENT INC	$456M	3,789,757	−1,018,770	TRIM
60	LPL Financial LLC	$455M	3,782,188	+226,190	ADD
61	THORNBURG INVESTMENT MANAGEMENT INC	$449M	3,728,673	0	NO CHANGE
62	Bank Julius Baer & Co. Ltd, Zurich	$443M	3,700,222	+536,891	ADD
63	HighTower Advisors, LLC	$437M	3,635,404	−182,731	TRIM
64	CANADA PENSION PLAN INVESTMENT BOARD	$435M	3,616,870	−697,729	TRIM
65	NEW YORK STATE COMMON RETIREMENT FUND	$423M	3,516,025	−40,033	TRIM
66	D. E. Shaw & Co., Inc.	$409M	3,397,582	−120,882	TRIM
67	Neuberger Berman Group LLC	$395M	3,280,851	+240,953	ADD
68	LAZARD ASSET MANAGEMENT LLC	$391M	3,254,331	−1,152,710	TRIM
69	AVIVA PLC	$389M	3,236,573	+349,219	ADD
70	FEDERATED HERMES, INC.	$362M	3,008,096	+516,058	ADD
71	ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	$353M	2,936,330	−7,007,793	TRIM
72	ROYAL LONDON ASSET MANAGEMENT LTD	$348M	2,896,154	−300,997	TRIM
73	Janus Henderson Group Ltd.	$346M	2,880,199	+995,059	ADD
74	Eurizon Capital SGR S.p.A.	$339M	2,822,423	+311,350	ADD
75	Mariner, LLC	$336M	2,795,221	+41,991	ADD
76	CITIGROUP INC	$334M	2,779,106	+142,995	ADD
77	ADAGE CAPITAL PARTNERS GP, L.L.C.	$323M	2,687,439	−411	TRIM
78	Ensign Peak Advisors, Inc	$314M	2,613,009	+774,766	ADD
79	MACKENZIE FINANCIAL CORP	$303M	2,517,435	+1,052,450	ADD
80	Smead Capital Management, Inc.	$297M	2,471,398	−366,902	TRIM
81	Corient Private Wealth LLC	$291M	2,428,276	−5,215,512	TRIM
82	Robeco Institutional Asset Management B.V.	$279M	2,322,293	−175,682	TRIM
83	BNP Paribas Asset Management Holding S.A.	$279M	2,316,095	−338,405	TRIM
84	Alyeska Investment Group, L.P.	$277M	2,305,574	+728,862	ADD
85	BRANDES INVESTMENT PARTNERS, LP	$277M	2,302,562	−164,963	TRIM
86	TD ASSET MANAGEMENT INC	$275M	2,288,576	+57,755	ADD
87	TRUIST FINANCIAL CORP	$267M	2,221,085	+172,264	ADD
88	STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM	$265M	2,204,006	−27,749	TRIM
89	SEI INVESTMENTS CO	$253M	2,102,456	+256,265	ADD
90	Cullen Capital Management, LLC	$249M	2,073,354	−217,687	TRIM
91	Capital Research Global Investors	$248M	2,061,571	−50,571	TRIM
92	Universal- Beteiligungs- und Servicegesellschaft mbH	$247M	2,054,074	−197,210	TRIM
93	MILLENNIUM MANAGEMENT LLC	$237M	1,970,691	−4,829,660	TRIM
94	PRUDENTIAL FINANCIAL INC	$236M	1,962,332	−153,809	TRIM
95	NATIONAL BANK OF CANADA /FI/	$236M	1,961,390	−45,865	TRIM
96	Korea Investment CORP	$228M	1,897,151	−108,886	TRIM
97	Employees Provident Fund Board	$228M	1,895,165	−519,869	TRIM
98	MANUFACTURERS LIFE INSURANCE COMPANY, THE	$222M	1,845,587	−5,073	TRIM
99	BALYASNY ASSET MANAGEMENT L.P.	$218M	1,812,608	−374,652	TRIM
100	Mirae Asset Global Investments Co., Ltd.	$215M	1,787,407	−94,125	TRIM
101	SCHRODER INVESTMENT MANAGEMENT GROUP	$211M	1,756,247	+69,766	ADD
102	Rockefeller Capital Management L.P.	$211M	1,752,898	+30,752	ADD
103	DANSKE BANK A/S	$211M	1,752,893	−80,381	TRIM
104	STOREBRAND ASSET MANAGEMENT AS	$210M	1,748,762	—	NO PRIOR
105	DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main	$205M	1,705,178	−38,554	TRIM
106	SEB Asset Management AB	$198M	1,642,285	—	NO PRIOR
107	Alecta Tjanstepension Omsesidigt	$197M	1,640,300	0	NO CHANGE
108	Cerity Partners LLC	$197M	1,639,510	−79,940	TRIM
109	OMERS ADMINISTRATION Corp	$192M	1,598,927	+1,323,314	ADD
110	Mitsubishi UFJ Trust & Banking Corp	$191M	1,586,105	−39,209	TRIM
111	Mondrian Investment Partners LTD	$190M	1,581,527	−28,705	TRIM
112	NOMURA ASSET MANAGEMENT CO LTD	$190M	1,579,855	+194,263	ADD
113	US BANCORP \DE\	$187M	1,554,747	−26,074	TRIM
114	FIFTH THIRD BANCORP	$186M	1,543,397	+954,428	ADD
115	Pictet Asset Management Holding SA	$179M	1,486,425	+20,204	ADD
116	APG Asset Management N.V.	$178M	1,708,121	+55,172	ADD
117	PFA Pension, Forsikringsaktieselskab	$177M	1,467,839	+1,467,839	NEW
118	BANK OF NOVA SCOTIA	$175M	1,457,238	−498,962	TRIM
119	M&T BANK CORP	$175M	1,453,030	−23,176	TRIM
120	Asset Management One Co., Ltd.	$173M	1,441,306	+91,333	ADD
121	ANTIPODES PARTNERS Ltd	$173M	1,441,266	−134,545	TRIM
122	Focus Partners Wealth	$173M	1,435,704	+8,160	ADD
123	GREAT LAKES ADVISORS, LLC	$168M	1,399,573	−105,202	TRIM
124	Swiss Life Asset Management Ltd	$166M	1,381,851	+163,951	ADD
125	STATE OF WISCONSIN INVESTMENT BOARD	$164M	1,366,001	+71,905	ADD
126	NOMURA ASSET MANAGEMENT INTERNATIONAL INC.	$162M	1,345,718	−618,069	TRIM
127	BROWN ADVISORY INC	$161M	1,341,293	+36,367	ADD
128	Quantinno Capital Management LP	$160M	1,333,289	+327,035	ADD
129	Candriam S.C.A.	$159M	1,322,654	+46,054	ADD
130	REGIONS FINANCIAL CORP	$158M	1,317,370	+39,692	ADD
131	Creative Planning	$157M	1,308,297	+61,646	ADD
132	WEALTH ENHANCEMENT ADVISORY SERVICES, LLC	$157M	1,431,644	−365,790	TRIM
133	DJE Kapital AG	$157M	1,306,098	+1,306,098	NEW
134	Chevy Chase Trust Holdings, LLC	$151M	1,253,128	−38,375	TRIM
135	CIBC WORLD MARKET INC.	$149M	1,239,951	−61,793	TRIM
136	Vanguard Investments Australia, Ltd.	$149M	1,238,154	—	NO PRIOR
137	CI INVESTMENTS INC.	$149M	1,237,783	+243,661	ADD
138	COMMONWEALTH EQUITY SERVICES, LLC	$147M	1,222,577	−85,622	TRIM
139	KLP KAPITALFORVALTNING AS	$145M	1,196,870	−78,400	TRIM
140	Cetera Investment Advisers	$144M	1,193,872	+55,456	ADD
141	COMMERCE BANK	$143M	1,188,031	+255,241	ADD
142	Quilter Plc	$143M	1,186,720	−4,589	TRIM
143	FJARDE AP-FONDEN /FOURTH SWEDISH NATIONAL PENSION FUND	$142M	1,182,179	+385,150	ADD
144	Baird Financial Group, Inc.	$140M	1,163,093	+1,163,093	NEW
145	UniSuper Management Pty Ltd	$132M	1,099,802	+241	ADD
146	ZACKS INVESTMENT MANAGEMENT	$131M	1,085,250	+4,128	ADD
147	Woodline Partners LP	$129M	1,071,080	+66,381	ADD
148	Artisan Partners Limited Partnership	$128M	1,061,859	−321,438	TRIM
149	CIBC Bancorp USA Inc.	$126M	1,047,115	—	NO PRIOR
150	PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO	$126M	1,043,669	−14,067	TRIM
151	SUSQUEHANNA INTERNATIONAL GROUP, LLP	$124M	1,033,222	−425,911	TRIM
152	Zurcher Kantonalbank (Zurich Cantonalbank)	$123M	1,024,300	+1,024,300	NEW
153	CWM, LLC	$122M	1,010,525	−6,498	TRIM
154	KING LUTHER CAPITAL MANAGEMENT CORP	$118M	983,617	+510	ADD
155	Zurich Insurance Group Ltd/FI	$116M	967,598	+438,295	ADD
156	TORONTO DOMINION BANK	$116M	961,055	−160,593	TRIM
157	J. Safra Sarasin Holding AG	$116M	960,714	+40,289	ADD
158	IEQ CAPITAL, LLC	$113M	941,353	−138	TRIM
159	Point72 Asset Management, L.P.	$111M	921,077	−417,372	TRIM
160	BLAIR WILLIAM & CO/IL	$108M	901,789	+67,765	ADD
161	DnB Asset Management AS	$108M	897,124	−53,210	TRIM
162	Tidal Investments LLC	$107M	895,792	+590,676	ADD
163	GROUPAMA ASSET MANAGMENT	$105M	874,963	−25,823	TRIM
164	MACQUARIE GROUP LTD	$105M	870,918	−897,114	TRIM
165	Capital International Investors	$105M	870,261	+9,526	ADD
166	CAUSEWAY CAPITAL MANAGEMENT LLC	$103M	854,212	−190,405	TRIM
167	Resona Asset Management Co.,Ltd.	$103M	856,748	−14,931	TRIM
168	KEYBANK NATIONAL ASSOCIATION/OH	$103M	853,050	+22,955	ADD
169	State of New Jersey Common Pension Fund D	$102M	848,249	−11,986	TRIM
170	Tredje AP-fonden	$101M	841,448	+132,188	ADD
171	HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND	$101M	838,615	−95,504	TRIM
172	Squarepoint Ops LLC	$99.9M	830,857	+764,712	ADD
173	OSAIC HOLDINGS, INC.	$99.6M	827,246	+18,680	ADD
174	Lansforsakringar Fondforvaltning AB (publ)	$96.8M	804,827	−63,102	TRIM
175	Cannell & Spears LLC	$96.0M	798,223	+452,283	ADD
176	GUGGENHEIM CAPITAL LLC	$95.6M	794,868	+21,150	ADD
177	Man Group plc	$95.4M	793,167	−1,050,361	TRIM
178	Compagnie Lombard Odier SCmA	$95.3M	792,577	−35,099	TRIM
179	Susquehanna Portfolio Strategies, LLC	$95.2M	791,735	0	NO CHANGE
180	MERCER GLOBAL ADVISORS INC /ADV	$94.5M	785,937	+10,727	ADD
181	Sarasin & Partners LLP	$94.5M	785,691	−129,503	TRIM
182	DONALDSON CAPITAL MANAGEMENT, LLC	$94.4M	785,160	+7,199	ADD
183	Calamos Advisors LLC	$93.5M	777,663	+57,857	ADD
184	BAHL & GAYNOR INC	$90.3M	750,494	−14,345	TRIM
185	Midwest Trust Co	$89.9M	747,618	−19,353	TRIM
186	FIRST FINANCIAL BANKSHARES INC	$89.4M	743,601	+15,082	ADD
187	Assenagon Asset Management S.A.	$89.4M	743,214	+201,642	ADD
188	CIBC Asset Management Inc	$89.4M	742,928	+22,210	ADD
189	SAMLYN CAPITAL, LLC	$87.4M	726,481	+726,481	NEW
190	STATE OF MICHIGAN RETIREMENT SYSTEM	$87.0M	723,090	−1,400	TRIM
191	Epoch Investment Partners, Inc.	$84.3M	701,092	−9,359	TRIM
192	NISA INVESTMENT ADVISORS, LLC	$84.0M	693,541	−17,578	TRIM
193	Sumitomo Mitsui DS Asset Management Company, Ltd	$83.2M	691,506	−31,543	TRIM
194	Arizona State Retirement System	$81.8M	679,746	−22,536	TRIM
195	Czech National Bank	$81.3M	675,968	+21,496	ADD
196	Allspring Global Investments Holdings, LLC	$81.3M	672,535	−229,771	TRIM
197	ORBIMED ADVISORS LLC	$79.8M	663,400	+663,400	NEW
198	TEACHER RETIREMENT SYSTEM OF TEXAS	$79.4M	659,877	−118,090	TRIM
199	CACTI ASSET MANAGEMENT LLC	$77.6M	645,299	+446	ADD
200	Boston Partners	$77.5M	641,766	−26,956	TRIM
201	ING GROEP NV	$77.2M	641,709	−144,789	TRIM
202	Clark Capital Management Group, Inc.	$77.0M	640,272	+622,454	ADD
203	CREDIT AGRICOLE S A	$76.7M	637,765	−559,651	TRIM
204	Harvest Portfolios Group Inc.	$75.4M	626,802	−43,359	TRIM
205	1832 Asset Management L.P.	$74.2M	616,840	−554,796	TRIM
206	WESTWOOD HOLDINGS GROUP INC	$73.2M	608,628	+8,633	ADD
207	FIL Ltd	$71.9M	597,352	−58,742	TRIM
208	O'SHAUGHNESSY ASSET MANAGEMENT, LLC	$71.7M	596,468	+127,080	ADD
209	Perpetual Ltd	$71.5M	594,443	+30,727	ADD
210	COMPASS CAPITAL MANAGEMENT, INC	$70.9M	589,768	−92,259	TRIM
211	WHITTIER TRUST CO	$70.7M	585,422	+27,439	ADD
212	MetLife Investment Management, LLC	$69.8M	580,004	−15,612	TRIM
213	COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS	$69.5M	578,169	+837	ADD
214	Clearbridge Investments, LLC	$69.5M	577,786	−22,585	TRIM
215	AustralianSuper Pty Ltd	$69.2M	575,397	−72,854	TRIM
216	D.A. DAVIDSON & CO.	$68.9M	572,593	−4,366	TRIM
217	Holocene Advisors, LP	$68.9M	572,467	−313,293	TRIM
218	Federation des caisses Desjardins du Quebec	$68.7M	570,879	+87,494	ADD
219	Douglas Lane & Associates, LLC	$67.6M	561,892	−3,937	TRIM
220	Aristotle Atlantic Partners, LLC	$66.5M	552,486	+55,876	ADD
221	OFI INVEST ASSET MANAGEMENT	$65.9M	630,057	−75,828	TRIM
222	KORNITZER CAPITAL MANAGEMENT INC /KS	$65.5M	544,161	−8,798	TRIM
223	ROCKLAND TRUST CO	$64.4M	534,963	−42,467	TRIM
224	Retirement Systems of Alabama	$63.4M	527,079	−935	TRIM
225	ProShare Advisors LLC	$63.2M	525,295	−103,580	TRIM
226	IFM Investors Pty Ltd	$62.9M	522,579	+12,750	ADD
227	GLENMEDE TRUST CO NA	$62.7M	521,346	−3,025	TRIM
228	Radnor Capital Management, LLC	$62.5M	519,443	−115	TRIM
229	Daiwa Securities Group Inc.	$61.8M	513,752	+21,301	ADD
230	BANQUE PICTET & CIE SA	$61.7M	513,131	−43,931	TRIM
231	NATIXIS	$61.4M	510,056	+201,284	ADD
232	Empowered Funds, LLC	$61.1M	507,815	−178,382	TRIM
233	&PARTNERS	$61.0M	506,594	+2,694	ADD
234	Gotham Asset Management, LLC	$60.9M	506,551	+59,124	ADD
235	United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund	$60.1M	499,805	−159,100	TRIM
236	QRG CAPITAL MANAGEMENT, INC.	$60.1M	499,732	+79,823	ADD
237	OPPENHEIMER ASSET MANAGEMENT INC.	$59.2M	492,072	−10,813	TRIM
238	Illinois Municipal Retirement Fund	$58.6M	487,434	−59,296	TRIM
239	PINNACLE ASSOCIATES LTD	$58.4M	485,756	+39,496	ADD
240	Pathstone Holdings, LLC	$57.8M	480,635	+11,055	ADD
241	XPONANCE LLC	$56.9M	473,091	+59,880	ADD
242	SRB CORP	$55.7M	463,298	+463,298	NEW
243	B. Metzler seel. Sohn & Co. AG	$54.7M	454,985	−10,827	TRIM
244	FUKOKU MUTUAL LIFE INSURANCE CO	$53.8M	447,246	0	NO CHANGE
245	Distillate Capital Partners LLC	$53.8M	446,915	+2,489	ADD
246	NICHOLS & PRATT ADVISERS LLP /MA	$53.7M	446,639	−4,982	TRIM
247	TOCQUEVILLE ASSET MANAGEMENT L.P.	$53.7M	446,512	−45,699	TRIM
248	Curi Capital, LLC	$53.7M	443,638	+416	ADD
249	GATEWAY INVESTMENT ADVISERS LLC	$53.4M	443,847	−93,221	TRIM
250	USS Investment Management Ltd	$52.2M	434,031	+10,994	ADD
251	MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.	$51.8M	431,038	+124,541	ADD
252	ALPS ADVISORS INC	$51.5M	427,760	−37,354	TRIM
253	CORDA Investment Management, LLC.	$51.4M	427,526	−9,548	TRIM
254	NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO	$51.4M	427,111	+10,623	ADD
255	Integral Health Asset Management, LLC	$51.1M	425,000	+175,000	ADD
256	NewEdge Advisors, LLC	$49.7M	413,565	+17,134	ADD
257	Systematic Alpha Investments, LLC	$49.4M	410,682	0	NO CHANGE
258	Vanguard Personalized Indexing Management, LLC	$49.3M	409,858	+23,972	ADD
259	BANCO BILBAO VIZCAYA ARGENTARIA, S.A.	$49.0M	407,269	−63,229	TRIM
260	Varma Mutual Pension Insurance Co	$48.9M	406,874	+10,000	ADD
261	FIDUCIARY TRUST CO	$48.9M	406,382	−17,514	TRIM
262	Sanctuary Advisors, LLC	$48.8M	406,087	+48,579	ADD
263	Utah Retirement Systems	$48.6M	404,056	−12,241	TRIM
264	PUBLIC SECTOR PENSION INVESTMENT BOARD	$48.3M	401,889	+79,307	ADD
265	TD Waterhouse Canada Inc.	$48.0M	397,990	+115,080	ADD
266	Vontobel Holding Ltd.	$46.6M	387,524	−45,379	TRIM
267	FERGUSON WELLMAN CAPITAL MANAGEMENT, INC	$46.4M	385,956	−374,694	TRIM
268	MEYER HANDELMAN CO	$45.8M	380,705	+2,418	ADD
269	MML INVESTORS SERVICES, LLC	$45.7M	380,197	−32,570	TRIM
270	Glenview Trust Co	$45.3M	376,892	+9,616	ADD
271	AIA Group Ltd	$45.2M	375,724	−6,570	TRIM
272	Capital Investment Advisors, LLC	$44.5M	369,782	+6,971	ADD
273	SMITH CHAS P & ASSOCIATES PA CPAS	$44.2M	367,523	−3,413	TRIM
274	Beacon Pointe Advisors, LLC	$44.2M	367,061	+76,661	ADD
275	Andra AP-fonden	$43.8M	364,485	−63,615	TRIM
276	NEOS Investment Management LLC	$43.8M	364,439	−45,111	TRIM
277	EDMOND DE ROTHSCHILD HOLDING S.A.	$43.8M	364,118	−60,298	TRIM
278	Jefferies Financial Group Inc.	$43.5M	361,688	−139,240	TRIM
279	Rakuten Investment Management, Inc.	$43.5M	368,357	+40,848	ADD
280	FARALLON CAPITAL MANAGEMENT, L.L.C.	$43.4M	361,000	—	NO PRIOR
281	Saudi Central Bank	$43.2M	359,011	+90,581	ADD
282	LETKO, BROSSEAU & ASSOCIATES INC	$43.1M	358,019	−12,515	TRIM
283	Northwest & Ethical Investments L.P.	$42.3M	351,729	+23,081	ADD
284	WATERS PARKERSON & CO., LLC	$42.3M	351,577	−146	TRIM
285	JANE STREET GROUP, LLC	$42.2M	351,131	+223,444	ADD
286	Advisors Asset Management, Inc.	$42.0M	349,476	+6,787	ADD
287	NEW YORK LIFE INVESTMENT MANAGEMENT LLC	$41.5M	344,750	+4,462	ADD
288	BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp	$41.1M	342,084	−101,142	TRIM
289	Kestra Advisory Services, LLC	$40.7M	338,012	+45,974	ADD
290	MAI Capital Management	$40.3M	335,023	+11,532	ADD
291	CONNING INC.	$40.1M	333,031	−19,946	TRIM
292	PRUDENTIAL PLC	$40.0M	332,437	−48,039	TRIM
293	Lido Advisors, LLC	$39.9M	330,201	−29,272	TRIM
294	NISSAY ASSET MANAGEMENT CORP /JAPAN	$39.7M	329,632	−3,203	TRIM
295	Ethic Inc.	$39.3M	326,297	+8,152	ADD
296	Pinnacle Financial Partners, Inc.	$38.5M	320,321	−5,512	TRIM
297	WELCH & FORBES LLC	$38.2M	317,368	−4,861	TRIM
298	Willis Investment Counsel	$37.7M	313,718	0	NO CHANGE
299	Migdal Insurance & Financial Holdings Ltd.	$37.6M	310,002	+310,002	NEW
300	Wealthfront Advisers LLC	$37.4M	311,279	+54,035	ADD
301	Private Wealth Partners, LLC	$37.2M	309,338	−2,449	TRIM
302	Howard Capital Management Group, LLC	$37.1M	308,798	+5,766	ADD
303	Steward Partners Investment Advisory, LLC	$36.7M	305,398	+5,456	ADD
304	Arax Advisory Partners	$36.5M	303,856	+9,927	ADD
305	ATALANTA SOSNOFF CAPITAL, LLC	$36.3M	302,127	+175,167	ADD
306	ADAMS DIVERSIFIED EQUITY FUND, INC.	$36.1M	300,200	−8,600	TRIM
307	M&G Plc	$35.8M	298,044	−73,223	TRIM
308	Sequoia Financial Advisors, LLC	$35.7M	297,046	−9,097	TRIM
309	HANCOCK WHITNEY CORP	$35.7M	299,230	−8,070	TRIM
310	MASSACHUSETTS FINANCIAL SERVICES CO /MA/	$35.6M	271,829	−4,144,192	TRIM
311	MARTINGALE ASSET MANAGEMENT L P	$35.5M	294,925	−28,874	TRIM
312	FIDEURAM - INTESA SANPAOLO PRIVATE BANKING S.P.A.	$35.3M	293,491	+96,637	ADD
313	Quintet Private Bank (Europe) S.A.	$35.3M	293,071	−6,073	TRIM
314	Douglass Winthrop Advisors, LLC	$35.2M	292,328	−15,002	TRIM
315	Avanza Fonder AB	$34.3M	285,007	−4,713	TRIM
316	BRADLEY FOSTER & SARGENT INC/CT	$34.2M	284,705	−4,279	TRIM
317	OREGON PUBLIC EMPLOYEES RETIREMENT FUND	$34.2M	284,228	0	NO CHANGE
318	Generali Asset Management SPA SGR	$34.2M	284,084	−24,089	TRIM
319	WHITTIER TRUST CO OF NEVADA INC	$33.8M	280,055	+18,723	ADD
320	FACTORY MUTUAL INSURANCE CO	$33.8M	281,024	+3,650	ADD
321	ASR Vermogensbeheer N.V.	$33.6M	278,937	+5,059	ADD
322	Haverford Trust Co	$33.4M	277,400	−2,235	TRIM
323	STEPHENS INC /AR/	$33.2M	272,906	−69,234	TRIM
324	Private Advisor Group, LLC	$32.9M	273,347	−11,783	TRIM
325	BECKER CAPITAL MANAGEMENT INC	$32.8M	271,104	−14,351	TRIM
326	CITIZENS FINANCIAL GROUP INC/RI	$32.6M	269,662	−6,532	TRIM
327	Dai-ichi Life Insurance Company, Ltd	$32.5M	270,465	+41,648	ADD
328	DAVENPORT & Co LLC	$32.4M	269,725	+8,738	ADD
329	Americana Partners, LLC	$32.0M	266,031	+45,626	ADD
330	Cresset Asset Management, LLC	$31.9M	263,545	+17,397	ADD
331	EVERGREEN CAPITAL MANAGEMENT LLC	$31.8M	262,297	+6,205	ADD
332	MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC	$31.7M	263,514	−2,536	TRIM
333	Allworth Financial LP	$31.6M	262,901	+50,970	ADD
334	SECTOR GAMMA AS	$31.3M	260,340	−103,311	TRIM
335	KESTRA PRIVATE WEALTH SERVICES, LLC	$31.3M	260,145	+260,145	NEW
336	Waverly Advisors, LLC	$31.1M	258,634	+2,030	ADD
337	OP Asset Management Ltd	$30.9M	256,793	—	NO PRIOR
338	SHELTON CAPITAL MANAGEMENT	$30.8M	255,813	−23,873	TRIM
339	Concurrent Investment Advisors, LLC	$30.6M	254,138	+20,658	ADD
340	Vinva Investment Management Ltd	$30.3M	256,254	−69,690	TRIM
341	FLPUTNAM INVESTMENT MANAGEMENT CO	$30.2M	250,923	+40,623	ADD
342	Blue Chip Partners, LLC	$30.1M	249,913	+5,084	ADD
343	BRAUN STACEY ASSOCIATES INC	$29.6M	246,022	+246,022	NEW
344	YOUSIF CAPITAL MANAGEMENT, LLC	$29.5M	245,330	−7,705	TRIM
345	Crossmark Global Holdings, Inc.	$29.5M	245,186	—	NO PRIOR
346	HB Wealth Management, LLC	$29.0M	241,439	+13,245	ADD
347	Bank Pictet & Cie (Europe) AG	$28.6M	237,773	−16,362	TRIM
348	HIGHLAND CAPITAL MANAGEMENT, LLC	$28.6M	237,613	−23,268	TRIM
349	ABN AMRO INVESTMENT SOLUTIONS	$28.1M	233,654	−23,180	TRIM
350	Dakota Wealth Management	$28.1M	233,345	+52,548	ADD
351	ASSETMARK, INC	$27.9M	232,295	+57,422	ADD
352	GODSEY & GIBB, INC	$27.6M	229,420	−925	TRIM
353	KAHN BROTHERS GROUP INC	$27.3M	227,288	−202,815	TRIM
354	Wilmington Savings Fund Society, FSB	$27.3M	226,576	−10,115	TRIM
355	BRIDGEWAY CAPITAL MANAGEMENT, LLC	$27.1M	225,105	−39,956	TRIM
356	KLINGENSTEIN FIELDS & CO LP	$27.0M	224,870	−5,048	TRIM
357	CAPITOLIS LIQUID GLOBAL MARKETS LLC	$26.9M	223,830	−236,570	TRIM
358	Bryn Mawr Trust Advisors, LLC	$26.8M	222,405	−8,169	TRIM
359	EVERETT HARRIS & CO /CA/	$26.6M	221,455	−3,728	TRIM
360	Moran Wealth Management, LLC	$26.5M	220,292	−16,677	TRIM
361	Elo Mutual Pension Insurance Co	$26.3M	218,614	−85,991	TRIM
362	Ceredex Value Advisors LLC	$25.6M	212,600	−36,009	TRIM
363	United Asset Strategies, Inc.	$25.3M	210,435	−6,760	TRIM
364	HOMESTEAD ADVISERS CORP	$25.3M	210,577	−2,100	TRIM
365	Stack Financial Management, Inc	$25.2M	209,647	−734	TRIM
366	Cardinal Capital Management, Inc.	$25.0M	207,470	−97,064	TRIM
367	Bellevue Group AG	$24.9M	206,591	+114,474	ADD
368	TCTC Holdings, LLC	$24.8M	206,456	+4,664	ADD
369	RWC Asset Management LLP	$24.7M	205,090	−7,327	TRIM
370	GENERAL AMERICAN INVESTORS CO INC	$24.6M	204,326	0	NO CHANGE
371	Investment Management Corp of Ontario	$24.5M	203,852	−86,374	TRIM
372	Connor, Clark & Lunn Investment Management Ltd.	$24.5M	203,676	+120,466	ADD
373	FIRST NATIONAL TRUST CO	$24.5M	203,651	+1,792	ADD
374	Soleus Capital Management, L.P.	$24.4M	203,000	+203,000	NEW
375	SCOTIA CAPITAL INC.	$24.4M	202,667	+6,936	ADD
376	Fiera Capital Corp	$24.4M	202,612	+202,612	NEW
377	FOUNDATION RESOURCE MANAGEMENT INC	$24.3M	202,209	+9,114	ADD
378	Boston Common Asset Management, LLC	$23.9M	198,680	−56,800	TRIM
379	LBP AM SA	$23.7M	196,922	−180,502	TRIM
380	Merit Financial Group, LLC	$23.7M	196,841	+38,798	ADD
381	Diversified Trust Co	$23.5M	195,208	−5,350	TRIM
382	LGT Group Foundation	$23.4M	194,925	−139,511	TRIM
383	EASTERN BANK	$23.4M	194,563	−18,674	TRIM
384	EP Wealth Advisors, LLC	$23.4M	194,446	−1,288	TRIM
385	Atria Investments, Inc	$23.4M	194,417	+13,429	ADD
386	Rafferty Asset Management, LLC	$23.2M	193,053	−76,567	TRIM
387	Aptus Capital Advisors, LLC	$23.2M	192,739	−14,787	TRIM
388	TRIGLAV INVESTMENTS, D.O.O.	$23.2M	192,688	+57,869	ADD
389	Lombard Odier Asset Management (Europe) Ltd	$23.0M	191,185	−14,186	TRIM
390	Atle Fund Management AB	$22.9M	33,853	−161,915	TRIM
391	Danica Pension, Livsforsikringsaktieselskab	$22.9M	190,178	−1,693	TRIM
392	HM PAYSON & CO	$22.8M	189,740	+2,262	ADD
393	ARGENT CAPITAL MANAGEMENT LLC	$22.3M	185,453	+181,978	ADD
394	Philip James Wealth Mangement, LLC	$22.2M	184,582	−395	TRIM
395	OPPENHEIMER & CO INC	$22.2M	184,185	+19,723	ADD
396	GW HENSSLER & ASSOCIATES LTD	$21.8M	181,047	−6,443	TRIM
397	Stillwater Capital Advisors, LLC	$21.7M	180,190	−2,318	TRIM
398	Applied Finance Capital Management, LLC	$21.5M	178,906	−4,658	TRIM
399	SALEM INVESTMENT COUNSELORS INC	$21.3M	176,372	−12,111	TRIM
400	Circle Wealth Management, LLC	$21.3M	177,287	−4,089	TRIM
401	Stockman Wealth Management, Inc.	$21.3M	177,107	−558	TRIM
402	ARS Wealth Advisors Group, LLC	$21.2M	176,368	+998	ADD
403	MANNING & NAPIER ADVISORS LLC	$21.2M	176,281	+768	ADD
404	GRANDFIELD & DODD, LLC	$21.1M	175,775	+7,714	ADD
405	Walleye Capital LLC	$21.0M	174,672	+83,898	ADD
406	BAR HARBOR WEALTH MANAGEMENT	$20.9M	173,725	+1,693	ADD
407	INTACT INVESTMENT MANAGEMENT INC.	$20.9M	173,500	−9,600	TRIM
408	Advisors Capital Management, LLC	$20.9M	173,461	+8,776	ADD
409	FAIRFAX FINANCIAL HOLDINGS LTD/ CAN	$20.8M	172,900	0	NO CHANGE
410	WOODMONT INVESTMENT COUNSEL LLC	$20.7M	172,439	+1,932	ADD
411	FORBES J M & CO LLP	$20.7M	171,751	+784	ADD
412	Nemes Rush Group LLC	$20.6M	170,964	−11,111	TRIM
413	Stamos Capital Partners, L.P.	$20.5M	170,384	−16,421	TRIM
414	Empower Advisory Group, LLC	$20.3M	168,610	−30,301	TRIM
415	CADINHA & CO LLC	$20.1M	166,864	−85,160	TRIM
416	BENJAMIN EDWARDS INC	$19.8M	164,675	−307,869	TRIM
417	BOURGEON CAPITAL MANAGEMENT LLC	$19.6M	162,967	−1,389	TRIM
418	JB Capital LLC	$19.5M	162,408	+25,139	ADD
419	OLD NATIONAL BANCORP /IN/	$19.5M	161,744	−847	TRIM
420	One Capital Management, LLC	$19.3M	160,540	+2,364	ADD
421	Kimelman & Baird, LLC	$19.3M	160,179	0	NO CHANGE
422	SATURNA CAPITAL CORP	$18.9M	157,451	+157,451	NEW
423	Talbot Financial, LLC	$18.9M	157,177	+2,107	ADD
424	Union Bancaire Privee, UBP SA	$18.8M	106,562	−179,007	TRIM
425	FIRST MANHATTAN CO. LLC.	$18.7M	154,467	−2,110	TRIM
426	Norinchukin Bank, The	$18.4M	153,343	−1,077	TRIM
427	PARTHENON LLC	$18.4M	153,062	−679	TRIM
428	EDGAR LOMAX CO/VA	$18.4M	152,850	−205,645	TRIM
429	Clearstead Advisors, LLC	$18.3M	152,132	+41,778	ADD
430	SKBA CAPITAL MANAGEMENT LLC	$18.3M	151,872	0	NO CHANGE
431	Fisher Funds Management LTD	$18.2M	151,132	−39,106	TRIM
432	Atlantic Union Bankshares Corp	$18.1M	150,800	−42,738	TRIM
433	MIZUHO SECURITIES USA LLC	$18.0M	150,049	−30,676	TRIM
434	CENTRAL SECURITIES CORP	$18.0M	150,000	0	NO CHANGE
435	CCM INVESTMENT ADVISERS LLC	$18.0M	149,542	−3,198	TRIM
436	Summit Financial, LLC	$18.0M	148,433	+10,688	ADD
437	ABN AMRO Bank N.V.	$17.9M	147,377	−44,434	TRIM
438	CRAWFORD INVESTMENT COUNSEL INC	$17.8M	148,066	−4,603	TRIM
439	PANAGORA ASSET MANAGEMENT INC	$17.8M	147,569	−557,873	TRIM
440	UNITED CAPITAL FINANCIAL ADVISORS, LLC	$17.5M	145,312	+145,312	NEW
441	Stratos Investment Management, LLC	$17.4M	144,783	+9,502	ADD
442	ExodusPoint Capital Management, LP	$17.4M	144,655	−17,252	TRIM
443	AE Wealth Management LLC	$17.3M	144,082	−8,425	TRIM
444	IQ EQ FUND MANAGEMENT (IRELAND) Ltd	$17.3M	143,523	+2,957	ADD
445	Aware Super Pty Ltd as trustee of Aware Super	$17.2M	143,224	—	NO PRIOR
446	LMCG INVESTMENTS, LLC	$17.2M	142,965	+440	ADD
447	Equitable Holdings, Inc.	$17.2M	154,824	+74,443	ADD
448	BRIGHT ROCK CAPITAL MANAGEMENT, LLC	$17.1M	142,000	0	NO CHANGE
449	TOKIO MARINE ASSET MANAGEMENT CO LTD	$16.8M	139,552	−2,941	TRIM
450	Vident Advisory, LLC	$16.8M	139,324	+10,064	ADD
451	MONTAG A & ASSOCIATES INC	$16.7M	137,790	−3,916	TRIM
452	Lombard Odier Asset Management (Switzerland) SA	$16.6M	137,612	+10,150	ADD
453	U.S. Capital Wealth Advisors, LLC	$16.5M	137,497	+75,219	ADD
454	FRANKLIN STREET ADVISORS INC /NC	$16.5M	137,340	−5,201	TRIM
455	SteelPeak Wealth, LLC	$16.5M	135,983	−54,538	TRIM
456	EAGLE GLOBAL ADVISORS LLC	$16.5M	136,864	−1,725	TRIM
457	Snowden Capital Advisors LLC	$16.4M	135,191	−17,784	TRIM
458	DODGE & COX	$16.4M	136,050	−2,155	TRIM
459	NOESIS CAPITAL MANGEMENT CORP	$16.3M	135,684	+3,771	ADD
460	PICTON MAHONEY ASSET MANAGEMENT	$16.3M	135,203	+135,203	NEW
461	Kingsview Wealth Management, LLC	$16.2M	134,751	−22,205	TRIM
462	COLDSTREAM CAPITAL MANAGEMENT INC	$16.1M	133,666	+11,824	ADD
463	Metis Global Partners, LLC	$16.1M	133,464	−4,207	TRIM
464	Bragg Financial Advisors, Inc	$16.0M	133,013	−13,443	TRIM
465	WASHINGTON TRUST BANK	$15.9M	132,592	−15,643	TRIM
466	Azimuth Capital Investment Management LLC	$15.9M	132,533	−3,285	TRIM
467	Badgley Phelps Wealth Managers, LLC	$15.9M	131,499	+11,837	ADD
468	Drexel Morgan & Co.	$15.9M	132,292	0	NO CHANGE
469	Wescott Financial Advisory Group, LLC	$15.9M	132,124	−10,208	TRIM
470	CHOREO, LLC	$15.8M	130,110	+2,179	ADD
471	NorthCrest Asset Manangement, LLC	$15.7M	130,205	−113,995	TRIM
472	EFG International AG	$15.7M	130,704	+45,016	ADD
473	Bleakley Financial Group, LLC	$15.5M	129,217	+2,930	ADD
474	PARK NATIONAL CORP /OH/	$15.5M	129,003	+17,678	ADD
475	New Age Alpha Advisors, LLC	$15.3M	127,438	−119	TRIM
476	Goelzer Investment Management, Inc.	$15.3M	127,005	−955	TRIM
477	TECTONIC ADVISORS LLC	$15.2M	126,173	−2,035	TRIM
478	Banque Cantonale Vaudoise	$15.2M	126,173	+6,268	ADD
479	American Assets Investment Management, LLC	$15.0M	125,000	0	NO CHANGE
480	Maryland State Retirement & Pension System	$15.0M	124,497	−1,217	TRIM
481	Cohen Klingenstein LLC	$14.9M	124,194	0	NO CHANGE
482	Orion Porfolio Solutions, LLC	$14.9M	124,118	+1,051	ADD
483	Ashton Thomas Private Wealth, LLC	$14.9M	124,075	+5,900	ADD
484	Edge Wealth Management LLC	$14.8M	123,435	+329	ADD
485	INTECH INVESTMENT MANAGEMENT LLC	$14.7M	122,438	−40,290	TRIM
486	MIDDLETON & CO INC/MA	$14.7M	122,145	−23,208	TRIM
487	MONARCH CAPITAL MANAGEMENT INC	$14.6M	120,559	−2,307	TRIM
488	Leonteq Securities AG	$14.5M	120,645	−18,284	TRIM
489	FARMERS & MERCHANTS INVESTMENTS INC	$14.2M	118,172	+1,690	ADD
490	HENNESSY ADVISORS INC	$14.2M	117,800	−4,050	TRIM
491	AUXIER ASSET MANAGEMENT LLC	$14.1M	117,242	−104	TRIM
492	ELEVATION POINT WEALTH PARTNERS, LLC	$14.1M	116,727	+60,846	ADD
493	Matthew Goff Investment Advisor, LLC	$14.0M	116,699	+332	ADD
494	L & S Advisors Inc	$14.0M	116,590	−4,400	TRIM
495	Foster Victor Wealth Advisors, LLC	$14.0M	116,456	−18,548	TRIM
496	GHP Investment Advisors, Inc.	$13.9M	115,922	+1,925	ADD
497	TEMA ETFS LLC	$13.9M	115,881	+5,261	ADD
498	Brookstone Capital Management	$13.9M	115,830	+13,725	ADD
499	Banco Santander, S.A.	$13.9M	115,528	+1,404	ADD
500	SP Asset Management LLC	$13.9M	115,492	−1,613	TRIM

Newest filing in this build: 2026-07-31. Per-row filing dates are on each receipt.

Congress ↔ notable managers · MRK

who in Congress disclosed purchases or sales beside which notable managers added or trimmed

Congress · last 90 days

Buyers: 1 Maria Elvira Salazar R–FL-27 $30K–$100K
Sellers: 1 Alan Armstrong R–OK $15K–$50K

filed 2026-07-03 → 2026-10-01 · totals are statutory ranges

Notable managers · quarter ended 2026-03-31

Adding: 1 Gotham Asset Management $60.9M held
Trimming: 2 Bridgewater Associates, Caxton Associates $0 held

NEW + ADD vs TRIM + EXIT, by shares · $ = reported value now, not the change · MERCK

Merged timeline of congressional filings and notable-manager moves on MRK
Date	Who	Change	Size
2026-09-09	Maria Elvira Salazar Congress	BUY	$15K–$50K
2026-09-09	Maria Elvira Salazar Congress	BUY	$15K–$50K
2026-07-21	Alan Armstrong Congress	SELL	$15K–$50K
2026-05-15	Gotham Asset Management 13F	ADD	+59,124 sh
2026-05-15	Bridgewater Associates 13F	EXIT	−310,221 sh
2026-05-14	Caxton Associates 13F	EXIT	−250,000 sh

6 newest rows · every row dates by its filing date: a disclosure's, or the 13F's for the quarter · a 13F row is a quarter-end snapshot, not a trade

62 members of Congress disclosed MRK — the congressional view ↗

A 13F is a quarterly, long-only snapshot filed up to 45 days late — not current holdings. what a 13F covers ↗

13F reports cover LONG positions in Section 13(f) securities (US exchange-traded equities plus reportable options, warrants, certain convertibles) held by managers with at least $100M in such securities — so managers below that threshold are absent entirely. No short positions, no cash, no non-13(f) assets — not a full portfolio, and not a census of institutional ownership.

Positions are quarter-end snapshots filed up to 45 days late — not current holdings. A position may have been changed or closed before you ever see it, and is older still by however long ago that quarter ended.

Values are the manager's stated market value at quarter-end in era-dependent units (whole dollars for form versions effective 2023-01-03 onward, thousands before), normalized here to whole dollars with unit_basis carried on every record.

Affiliated managers may report the same position (otherManager), so one position can appear under more than one filer.

Positions under confidential treatment may be omitted until a later amendment discloses them.

These are disclosures, not investment advice (ARCHITECTURE.md §5.2 / M2-CONTRACT §5).