DLD Asset Management LP Has $3.99 Billion Stock Position in Merck & Co., Inc. $MRK

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DLD Asset Management LP significantly increased its stake in Merck & Co., Inc. (NYSE:MRK) during the third quarter, boosting its holdings by 30.1% to 47.5 million shares. This investment, valued at approximately $3.99 billion, now represents DLD’s largest holding, accounting for 21.5% of its portfolio. Merck also reported strong quarterly earnings, topping analyst estimates, and announced a quarterly dividend of $0.85 per share, despite recent insider stock sales.

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