Orbis Investment Management (U.S.), L.P.

Holdings History for Merck & Co., Inc. - Common Stock (MRK)

Symbol: MRK on NYSE
Investment type: Equity - Shares of Stock
Class: Common Stock

Shares, Excluding Options vs Price

Value, Excluding Options

Holdings date	Weight	Change	Value $	Shares	Change	Activity %	Price	All Holders
9/30/2016		-3.15%	$0	0	-65,146	-100%		Q3 2016
6/30/2016	3.15%	-4.74%	$3.75M	65.1K	-97,899	-60%	$57.61	Q2 2016
3/31/2016	7.45%	+0.44%	$8.63M	163K	+9,726	+6.34%	$52.91	Q1 2016
12/31/2015	6.96%		$8.1M	153K			$52.82	Q4 2015
9/30/2015	6.86%	+0.29%	$7.57M	153K	+6,378	+4.34%	$49.39	Q3 2015
6/30/2015	6.75%	+1.66%	$8.37M	147K	+36,076	+32.5%	$56.93	Q2 2015
3/31/2015	5.24%	+0.6%	$6.37M	111K	+12,647	+12.9%	$57.48	Q1 2015
12/31/2014	4.62%	+4.62%	$5.58M	98.2K	+98,218	NEW	$56.79	Q4 2014

* Reported Price is the price of the security as of the portfolio date. This value is significant in that it is the last known price at which the security was still held.
An asterisk sign (*) next to the price indicates that the price is likely invalid.