Islet Management’s Novartis NVS Stock Holding History

Islet Management’s Portfolio NVS Stock Details NVS Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2019 Q3	–	Sell	-50,000	Closed	-$4.57M	–	94
2019 Q2	$4.57M	Sell	50,000 -89,500	-64%	-$7.57M	0.52%	55
2019 Q1	$12M	Buy	139,500 +55,800	+67%	+$4.48M	1.39%	19
2018 Q4	$6.44M	Buy	+83,700	New	+$6.52M	1.03%	25

Other funds holding NVS

Dodge & Cox San Francisco, California $182B AUM 14.68% 1-Year Est. Return

Primecap Management Pasadena, California $127B AUM 44.11% 1-Year Est. Return

Franklin Resources San Mateo, California $408B AUM 30.18% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Fisher Asset Management Camas, Washington $295B AUM 31.6% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

Loomis, Sayles & Company Boston, Massachusetts $74.3B AUM 24.01% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

Mawer Investment Management Calgary, Alberta, Canada $15.4B AUM 10.9% 1-Year Est. Return

Islet Management's NVS Position: Q3 2019 in Review

Islet Management sold out of Novartis (NVS) in Q3 2019, closing a stake of 50,000 shares — an estimated $4.57M sold.

Islet Management first reported a position in NVS in Q4 2018 and held it in 3 quarters. The position peaked at $12M in Q1 2019. 1,090 funds tracked by Wall St. Rank hold NVS as of Q3 2019.

Islet Management reported no remaining Novartis position as of Q3 2019 after selling out during the quarter.
Islet Management sold 50,000 Novartis shares in Q3 2019, an estimated $4.57M.
Islet Management first reported a position in Novartis in Q4 2018 and held it in 3 quarters.
Islet Management's Novartis position peaked at $12M in Q1 2019.
1,090 funds tracked by Wall St. Rank held Novartis as of Q3 2019.

Based on Islet Management's 13F filing for Q3 2019, filed 14 Nov 2019.