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Merck & Co., Inc.
Merck & Co., Inc.. Institutional holdings reported to the SEC.

Institutional Holders (2014Q2)
Portfolio Summary: 40 Institutional holders with a total value of $160,340,619.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 KAHN BROTHERS GROUP INC 1,120,074 64,796,308 40.41%
2 Bruce & Co., Inc. 261,500 15,127,000 9.43%
3 Covington Capital Management 169,510 10,035,000 6.26%
4 CULLINAN ASSOCIATES INC 146,798 6,818,000 4.25%
5 Winch Advisory Services, LLC 111,983 6,478,000 4.04%
6 Grassi Investment Management 101,986 5,900,000 3.68%
7 BENNICAS & ASSOCIATES, INC. 77,385 4,477,000 2.79%
8 MARSHWINDS ADVISORY CO 74,811 4,328,000 2.70%
9 Cohen Klingenstein LLC 71,475 4,135,000 2.58%
10 TIRSCHWELL & LOEWY INC 64,774 3,747,000 2.34%
11 Taylor, Cottrill LLC 63,230 3,658,000 2.28%
12 Parametric Risk Advisors LLC 60,225 3,484,000 2.17%
13 WENDELL DAVID ASSOCIATES INC 47,233 2,740,000 1.71%
14 JACOBS & CO/CA 41,709 2,413,000 1.50%
15 Dorsey & Whitney Trust CO LLC 35,118 2,032,000 1.27%
16 M&R CAPITAL MANAGEMENT INC 34,848 2,016,000 1.26%
17 Yorktown Management & Research Co Inc 28,200 1,631,000 1.02%
18 LAU ASSOCIATES LLC 24,752 1,432,000 0.89%
19 Ironwood Investment Counsel, LLC 23,106 1,337,000 0.83%
20 GLYNN CAPITAL MANAGEMENT LLC 23,068 1,334,000 0.83%
21 Hanson & Doremus Investment Management 22,853 1,322,000 0.82%
22 Benchmark Capital Advisors 22,577 1,306,000 0.81%
23 HYMAN CHARLES D 20,584 1,191,000 0.74%
24 TREVOR STEWART BURTON & JACOBSEN INC 18,520 1,071,000 0.67%
25 Welch Group, LLC 18,128 1,049,000 0.65%
26 Palisade Asset Management, LLC 15,852 917,000 0.57%
27 BALASA DINVERNO & FOLTZ LLC 15,505 897,000 0.56%
28 MARATHON CAPITAL MANAGEMENT 14,411 834,000 0.52%
29 Long Wharf Investors, Inc. 12,787 740,000 0.46%
30 Curbstone Financial Management Corp 11,930 690,000 0.43%
31 BAXTER BROS INC 10,729 621,000 0.39%
32 West Oak Capital, LLC 8,925 516,311 0.32%
33 GRIMES & Co WEALTH MANAGEMENT, LLC 6,646 385,000 0.24%
34 PRENTISS SMITH & CO INC 5,290 306,000 0.19%
35 Opus Capital Group, LLC 3,725 215,000 0.13%
36 Nelson Capital Management, LLC 2,420 140,000 0.09%
37 BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 2,352 136,000 0.08%
38 AlphaMark Advisors, LLC 800 46,000 0.03% SH
39 MARSHALL & SULLIVAN INC /WA/ 500 28,000 0.02%
40 America First Investment Advisors, LLC 200 12,000 0.01%

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.