MERCK & CO INC

CUSIP: 58933y105 Class: CS

Note: Option positions (PUT/CALL) are excluded.

InstitutionSharesValue ($000)
BAHL & GAYNOR INC764,839$80,507
S&CO INC425,531$45
VAUGHAN DAVID INVESTMENTS LLC/IL413,995$44
Douglass Winthrop Advisors, LLC307,330$32,350
EVERETT HARRIS & CO /CA/225,183$23,703
FORBES J M & CO LLP170,967$17,996
CCM INVESTMENT ADVISERS LLC152,740$16,077
FRANKLIN STREET ADVISORS INC /NC142,541$15,004
Azimuth Capital Investment Management LLC135,818$14,296
L & S Advisors Inc120,990$12,735
SlateStone Wealth, LLC119,387$13
AUXIER ASSET MANAGEMENT LLC117,346$12,352
JOHN G ULLMAN & ASSOCIATES INC101,322$10,665
Tufton Capital Management100,265$11
WINSLOW ASSET MANAGEMENT INC84,835$9
Brick & Kyle, Associates71,259$8
GLOBALT Investments LLC / GA59,417$6,254
Mengis Capital Management, Inc.51,096$5,378
SVB WEALTH LLC50,478$5,313
Sandhill Capital Partners LLC47,793$5,031
McGinn Penninger Investment Management, Inc.47,230$5
BERKSHIRE ASSET MANAGEMENT LLC/PA34,684$3,651
DF DENT & CO INC32,842$3,457
MCINTYRE FREEDMAN & FLYNN INVESTMENT ADVISERS INC29,857$3,143
Legato Capital Management LLC25,999$2,737
Curbstone Financial Management Corp23,864$2,512
BIRMINGHAM CAPITAL MANAGEMENT CO INC/AL22,978$2,419
Sippican Capital Advisors22,476$2,366
COZAD ASSET MANAGEMENT INC21,248$2,237
Orca Investment Management, LLC18,443$1,941
Ramsay, Stattman, Vela & Price, Inc.17,560$1,848
SENTINEL TRUST CO LBA16,981$2
ISTHMUS PARTNERS, LLC13,053$1,374
DOHENY ASSET MANAGEMENT /CA11,940$1
NORTH STAR ASSET MANAGEMENT INC10,912$1,149
Pinnacle Holdings, LLC10,783$1,135
Lipe & Dalton10,023$1
BARR E S & CO9,586$1,009
Corundum Group, Inc.9,557$1,006
Pettee Investors, Inc.8,873$934
BBR PARTNERS, LLC8,583$903
MAGNOLIA CAPITAL MANAGEMENT LTD8,400$1
AMI ASSET MANAGEMENT CORP7,589$799
US Asset Management LLC7,316$770
NORTHSTAR ASSET MANAGEMENT LLC6,130$645
Lesa Sroufe & Co5,100$1
CORTLAND ASSOCIATES INC/MO4,580$482
EADS & HEALD WEALTH MANAGEMENT4,468$470
DUMONT & BLAKE INVESTMENT ADVISORS LLC3,416$0
ELCO Management Co., LLC3,140$331
DEROY & DEVEREAUX PRIVATE INVESTMENT COUNSEL INC2,703$0
Tandem Investment Advisors, Inc.2,531$266
ACADEMY CAPITAL MANAGEMENT INC/TX2,524$266
CHICKASAW CAPITAL MANAGEMENT LLC2,363$0
Total (54 institutions)4,130,864$295,650