13F

Position

CSS LLC/IL in Merck & Co., Inc.

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Estimated mark uses implied 13F prices (value ÷ shares). Adds are treated as happening at this quarter’s mark; cuts at last quarter’s. Share jumps can be splits, not buys. This is not realized P&L.

Latest estimated mark $208.4K$105.26$120.29

QuarterSharesValueImplied pxEst. markFlowWeight
Q4 202515.9K$1.68M0.1%
Q1 202613.9K$1.67M$120.29$208.4K−$216.8K0.1%