State of Tennessee, Department of Treasury’s Novartis NVS Stock Holding History

State of Tennessee, Department of Treasury’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 Q3	–	Sell	-150,660	Closed	-$13.3M	–	1109
2015 Q2	$13.3M	Buy	+150,660	New	+$13.8M	0.07%	276
2015 Q1	–	Sell	-33,480	Closed	-$2.78M	–	1463
2014 Q4	$2.78M	Buy	+33,480	New	+$2.78M	0.01%	639

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

BBHC

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

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

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

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

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 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

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

State of Tennessee, Department of Treasury's NVS Position: Q3 2015 in Review

State of Tennessee, Department of Treasury sold out of Novartis (NVS) in Q3 2015, closing a stake of 150,660 shares — an estimated $13.3M sold.

State of Tennessee, Department of Treasury first reported a position in NVS in Q4 2014 and held it in 2 quarters. The position peaked at $13.3M in Q2 2015. 926 funds tracked by Wall St. Rank hold NVS as of Q3 2015.

State of Tennessee, Department of Treasury reported no remaining Novartis position as of Q3 2015 after selling out during the quarter.
State of Tennessee, Department of Treasury sold 150,660 Novartis shares in Q3 2015, an estimated $13.3M.
State of Tennessee, Department of Treasury first reported a position in Novartis in Q4 2014 and held it in 2 quarters.
State of Tennessee, Department of Treasury's Novartis position peaked at $13.3M in Q2 2015.
926 funds tracked by Wall St. Rank held Novartis as of Q3 2015.

Based on State of Tennessee, Department of Treasury's 13F filing for Q3 2015, filed 13 Nov 2015.