Norges Bank’s Novartis NVS Stock Holding History

Norges Bank’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
2015 Q4	–	Sell	-130,494	Closed	-$10.7M	–	2258
2015 Q3	$10.7M	Sell	130,494 -104,145	-44%	-$9.27M	0.01%	1505
2015 Q2	$20.7M	Hold	234,639	–	–	0.01%	1179
2015 Q1	$20.7M	Hold	234,639	–	–	0.01%	1183
2014 Q4	$19.5M	Hold	234,639	–	–	0.01%	1228
2014 Q3	$19.8M	Sell	234,639 -234,639	-50%	-$19M	0.01%	1141
2014 Q2	$38.1M	Buy	469,278 +234,639	+100%	+$18.5M	0.01%	1199
2014 Q1	$17.9M	Hold	234,639	–	–	0.01%	1209
2013 Q4	$16.9M	Hold	234,639	–	–	0.01%	1217
2013 Q3	$16.1M	Hold	234,639	–	–	0.01%	1235
2013 Q2	$14.9M	Buy	+234,639	New	+$15.3M	0.01%	1223

Other funds holding NVS

Dodge & Cox San Francisco, California $191B AUM 17.5% 1-Year Est. Return

Primecap Management Pasadena, California $169B AUM 114.72% 1-Year Est. Return

Franklin Resources San Mateo, California $462B AUM 39.16% 1-Year Est. Return

BBHC

Brown Brothers Harriman & Co New York $22.8B AUM 25.09% 1-Year Est. Return

Wells Fargo San Francisco, California $617B AUM 30.33% 1-Year Est. Return

Fisher Asset Management Camas, Washington $336B AUM 34.66% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return

UBS Group Zurich, Switzerland $786B AUM 40.34% 1-Year Est. Return

Loomis, Sayles & Company Boston, Massachusetts $79.8B AUM 16.05% 1-Year Est. Return

Institutional Capital Chicago, Illinois $6.75B AUM 3.51% 1-Year Est. Return

Norges Bank's NVS Position: Q4 2015 in Review

Norges Bank sold out of Novartis (NVS) in Q4 2015, closing a stake of 130,494 shares — an estimated $10.7M sold.

Norges Bank first reported a position in NVS in Q2 2013 and held it in 10 quarters. The position peaked at $38.1M in Q2 2014. 927 funds tracked by Wall St. Rank hold NVS as of Q4 2015.

Norges Bank reported no remaining Novartis position as of Q4 2015 after selling out during the quarter.
Norges Bank sold 130,494 Novartis shares in Q4 2015, an estimated $10.7M.
Norges Bank first reported a position in Novartis in Q2 2013 and held it in 10 quarters.
Norges Bank's Novartis position peaked at $38.1M in Q2 2014.
927 funds tracked by Wall St. Rank held Novartis as of Q4 2015.

Based on Norges Bank's 13F filing for Q4 2015, filed 10 Feb 2016.