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Novartis

830 hedge funds and large institutions have $20.6B invested in Novartis in 2014 Q1 according to their latest regulatory filings, with 61 funds opening new positions, 309 increasing their positions, 318 reducing their positions, and 41 closing their positions.

New
Increased
Maintained
Reduced
Closed

49% more first-time investments, than exits

New positions opened: 61 | Existing positions closed: 41

15% more funds holding in top 10

Funds holding in top 10: 5260 (+8)

2% more funds holding

Funds holding: 815830 (+15)

4% more capital invested

Capital invested by funds: $19.8B → $20.6B (+$742M)

0.17% less ownership

Funds ownership: 9.99%9.82% (-0.17%)

3% less repeat investments, than reductions

Existing positions increased: 309 | Existing positions reduced: 318

5% less call options, than puts

Call options by funds: $182M | Put options by funds: $192M

Holders
830
Holders Change
+15
Holders Change %
+1.84%
% of All Funds
23.97%
Holding in Top 10
60
Holding in Top 10 Change
+8
Holding in Top 10 Change %
+15.38%
% of All Funds
1.73%
New
61
Increased
309
Reduced
318
Closed
41
Calls
$182M
Puts
$192M
Net Calls
-$10M
Net Calls Change
-$58M
Name Holding Trade Value Shares
Change
Change in
Stake
HK
351
Horizon Kinetics
New York
$2.5M +$4.74K +65 +0.2%
ACM
352
Ativo Capital Management
Illinois
$2.49M +$24.3K +334 +1%
LTFS
353
Ladenburg Thalmann Financial Services
Florida
$2.49M -$182K -2,501 -7%
HJGA
354
Hardman Johnston Global Advisors
Connecticut
$2.48M -$339K -4,654 -13%
CCM
355
Catawba Capital Management
Virginia
$2.47M
PAIM
356
Punch & Associates Investment Management
Minnesota
$2.47M -$24.9K -342 -1%
CCM
357
Covington Capital Management
California
$2.44M +$451K +6,185 +24%
CCM
358
Carderock Capital Management
Maryland
$2.43M +$23.7K +325 +1%
FHA
359
First Horizon Advisors
Tennessee
$2.42M +$254K +3,480 +12%
BMO
360
Beck Mack & Oliver
New York
$2.42M -$18.7K -257 -0.8%
TWA
361
Tillar-Wenstrup Advisors
Ohio
$2.4M +$43.5K +597 +2%
KBG
362
Kahn Brothers Group
New York
$2.39M +$56.9K +781 +3%
AUB
363
Atlantic Union Bankshares
Virginia
$2.38M +$2.53M +34,679 New
CPA
364
Court Place Advisors
Maryland
$2.38M
AMI
365
Amica Mutual Insurance
Rhode Island
$2.35M +$2.01M +27,609 +843%
ACP
366
Ashfield Capital Partners
California
$2.35M -$23K -315 -1%
DIA
367
Denver Investment Advisors
Colorado
$2.31M -$73.2K -1,004 -3%
GCAC
368
Guardian Capital Advisors (Canada)
Ontario, Canada
$2.3M +$151K +2,076 +7%
AT
369
Arden Trust
Delaware
$2.3M +$191K +2,619 +10%
BIC
370
Beach Investment Counsel
Pennsylvania
$2.29M -$119K -1,629 -5%
MFS
371
MSI Financial Services
Massachusetts
$2.29M +$338K +4,642 +18%
KFC
372
Klingenstein Fields & Co
New York
$2.27M -$2.01M -27,619 -48%
HCM
373
Harvey Capital Management
Florida
$2.27M
KCMRT
374
Kemper Corp Master Retirement Trust
Illinois
$2.25M
FC
375
FCA Corp
Texas
$2.22M -$87.4K -1,200 -4%

NVS Hedge Fund Activity: Q1 2014 in Review

830 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Novartis (NVS) for Q1 2014, worth a combined $20.6B — up 3.7% from $19.8B a quarter earlier.

Buyers outnumbered sellers: 61 funds opened new NVS positions and 41 closed out — a net gain of 20 holders — while 309 added to existing stakes and 318 trimmed.

The largest buyer was Loomis, Sayles & Company, adding an estimated $68.5M. The largest seller was Primecap Management, cutting an estimated $220M.

  • 830 institutional investors held Novartis (NVS) as of Q1 2014, up from 815 in Q4 2013.
  • Funds reported $20.6B of Novartis stock for Q1 2014, up 3.7% quarter-over-quarter.
  • 61 funds opened new Novartis positions in Q1 2014 and 41 closed out, a net change of +20 holders.
  • The largest Novartis buyer in Q1 2014 was Loomis, Sayles & Company, an estimated $68.5M added.
  • The largest Novartis seller in Q1 2014 was Primecap Management, an estimated $220M sold.

Based on aggregated 13F filings for Q1 2014.