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Novartis

848 hedge funds and large institutions have $22B invested in Novartis in 2014 Q2 according to their latest regulatory filings, with 69 funds opening new positions, 291 increasing their positions, 342 reducing their positions, and 48 closing their positions.

New
Increased
Maintained
Reduced
Closed

62% more call options, than puts

Call options by funds: $170M | Put options by funds: $105M

44% more first-time investments, than exits

New positions opened: 69 | Existing positions closed: 48

7% more capital invested

Capital invested by funds: $20.6B → $22B (+$1.42B)

2% more funds holding

Funds holding: 831848 (+17)

0.04% less ownership

Funds ownership: 9.82%9.79% (-0.04%)

3% less funds holding in top 10

Funds holding in top 10: 6058 (-2)

15% less repeat investments, than reductions

Existing positions increased: 291 | Existing positions reduced: 342

Holders
848
Holders Change
+17
Holders Change %
+2.05%
% of All Funds
24.36%
Holding in Top 10
58
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-3.33%
% of All Funds
1.67%
New
69
Increased
291
Reduced
342
Closed
48
Calls
$170M
Puts
$105M
Net Calls
+$65.2M
Net Calls Change
+$75.2M
Name Holding Trade Value Shares
Change
Change in
Stake
CIP
351
Chartwell Investment Partners
Pennsylvania
$2.66M -$184K -2,339 -7%
CCM
352
Catawba Capital Management
Virginia
$2.65M +$17.5K +223 +0.7%
LTFS
353
Ladenburg Thalmann Financial Services
Florida
$2.6M -$45.6K -580 -2%
FCH
354
Freestone Capital Holdings
Washington
$2.59M -$209K -2,657 -8%
BMO
355
Beck Mack & Oliver
New York
$2.56M -$13.1K -167 -0.5%
CPA
356
Court Place Advisors
Maryland
$2.53M -$8.81K -112 -0.4%
GCAC
357
Guardian Capital Advisors (Canada)
Ontario, Canada
$2.51M +$16.7K +212 +0.7%
AMI
358
Amica Mutual Insurance
Rhode Island
$2.5M
HJGA
359
Hardman Johnston Global Advisors
Connecticut
$2.49M -$147K -1,874 -6%
TWA
360
Tillar-Wenstrup Advisors
Ohio
$2.47M -$84.7K -1,077 -3%
California Public Employees Retirement System
361
California Public Employees Retirement System
California
$2.47M +$2.4M +30,452 New
NCMW
362
Northern Capital Management (Wisconsin)
Wisconsin
$2.46M -$433K -5,507 -15%
BIC
363
Beach Investment Counsel
Pennsylvania
$2.42M -$19.8K -252 -0.8%
KFC
364
Klingenstein Fields & Co
New York
$2.41M
HCM
365
Harvey Capital Management
Florida
$2.41M
KCMRT
366
Kemper Corp Master Retirement Trust
Illinois
$2.4M
Allianz Asset Management
367
Allianz Asset Management
Germany
$2.39M +$8.73K +111 +0.4%
KBG
368
Kahn Brothers Group
New York
$2.39M -$149K -1,897 -6%
PGFC
369
Peapack-Gladstone Financial Corp
New Jersey
$2.38M +$45.2K +575 +2%
FNBT
370
FineMark National Bank & Trust
Florida
$2.37M +$149K +1,898 +7%
ACP
371
Ashfield Capital Partners
California
$2.36M -$139K -1,770 -6%
SAG
372
Sterne Agee Group
Alabama
$2.35M +$474K +6,023 +26%
AT
373
Arden Trust
Delaware
$2.34M -$97.8K -1,243 -4%
TCOT
374
Trust Company of Toledo
Ohio
$2.33M +$33.3K +423 +1%
TCM
375
Telos Capital Management
California
$2.32M +$68K +864 +3%

NVS Hedge Fund Activity: Q2 2014 in Review

848 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in Novartis (NVS) for Q2 2014, worth a combined $22B — up 6.9% from $20.6B a quarter earlier.

Buyers outnumbered sellers: 69 funds opened new NVS positions and 48 closed out — a net gain of 21 holders — while 291 added to existing stakes and 342 trimmed.

The largest buyer was Dodge & Cox, adding an estimated $409M. The largest seller was Hotchkis & Wiley Capital Management, cutting an estimated $145M.

  • 848 institutional investors held Novartis (NVS) as of Q2 2014, up from 831 in Q1 2014.
  • Funds reported $22B of Novartis stock for Q2 2014, up 6.9% quarter-over-quarter.
  • 69 funds opened new Novartis positions in Q2 2014 and 48 closed out, a net change of +21 holders.
  • The largest Novartis buyer in Q2 2014 was Dodge & Cox, an estimated $409M added.
  • The largest Novartis seller in Q2 2014 was Hotchkis & Wiley Capital Management, an estimated $145M sold.

Based on aggregated 13F filings for Q2 2014.