Dark
Light
System
Security
Merck & Co., Inc.
Merck & Co., Inc.. Institutional holdings reported to the SEC.

Institutional Holders (2014Q3)
Portfolio Summary: 38 Institutional holders with a total value of $161,882,080.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 KAHN BROTHERS GROUP INC 1,109,189 65,752,718 40.62%
2 Bruce & Co., Inc. 265,000 15,547,000 9.60%
3 CULLINAN ASSOCIATES INC 179,633 10,648,000 6.58%
4 Covington Capital Management 170,760 10,123,000 6.25%
5 Grassi Investment Management 111,438 6,606,000 4.08%
6 BENNICAS & ASSOCIATES, INC. 76,842 4,555,000 2.81%
7 MARSHWINDS ADVISORY CO 73,679 4,368,000 2.70%
8 Winch Advisory Services, LLC 73,035 4,329,000 2.67%
9 Cohen Klingenstein LLC 71,475 4,237,000 2.62%
10 TIRSCHWELL & LOEWY INC 62,015 3,676,000 2.27%
11 Taylor, Cottrill LLC 61,855 3,667,000 2.27%
12 Parametric Risk Advisors LLC 60,225 3,570,000 2.21%
13 WENDELL DAVID ASSOCIATES INC 47,233 2,787,000 1.72%
14 JACOBS & CO/CA 41,609 2,467,000 1.52%
15 M&R CAPITAL MANAGEMENT INC 34,651 2,054,000 1.27%
16 Dorsey & Whitney Trust CO LLC 34,518 2,046,000 1.26%
17 Yorktown Management & Research Co Inc 28,200 1,672,000 1.03%
18 LAU ASSOCIATES LLC 24,752 1,467,000 0.91%
19 Ironwood Investment Counsel, LLC 23,075 1,368,000 0.85%
20 GLYNN CAPITAL MANAGEMENT LLC 23,068 1,367,000 0.84%
21 Hanson & Doremus Investment Management 22,507 1,334,000 0.82%
22 Welch Group, LLC 18,128 1,075,000 0.66%
23 BALASA DINVERNO & FOLTZ LLC 16,592 984,000 0.61%
24 Palisade Asset Management, LLC 16,427 974,000 0.60%
25 MARATHON CAPITAL MANAGEMENT 13,561 804,000 0.50%
26 COLONY GROUP LLC 12,309 730,000 0.45%
27 Curbstone Financial Management Corp 11,455 679,000 0.42%
28 BAXTER BROS INC 10,906 647,000 0.40%
29 West Oak Capital, LLC 8,525 505,362 0.31%
30 TREVOR STEWART BURTON & JACOBSEN INC 8,520 505,000 0.31%
31 GRIMES & Co WEALTH MANAGEMENT, LLC 7,027 416,000 0.26%
32 PRENTISS SMITH & CO INC 5,290 314,000 0.19%
33 Opus Capital Group, LLC 3,947 234,000 0.14%
34 BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 2,352 139,000 0.09%
35 Nelson Capital Management, LLC 2,078 123,000 0.08%
36 AlphaMark Advisors, LLC 800 47,000 0.03%
37 HOERTKORN RICHARD CHARLES 800 47,000 0.03%
38 America First Investment Advisors, LLC 300 18,000 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.