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Novartis

1,028 hedge funds and large institutions have $22.4B invested in Novartis in 2018 Q3 according to their latest regulatory filings, with 91 funds opening new positions, 359 increasing their positions, 368 reducing their positions, and 44 closing their positions.

New
Increased
Maintained
Reduced
Closed

107% more first-time investments, than exits

New positions opened: 91 | Existing positions closed: 44

69% more funds holding in top 10

Funds holding in top 10: 1322 (+9)

41% more call options, than puts

Call options by funds: $89.4M | Put options by funds: $63.6M

16% more capital invested

Capital invested by funds: $19.3B → $22.4B (+$3.11B)

4% more funds holding

Funds holding: 9871,028 (+41)

0.2% more ownership

Funds ownership: 11.2%11.4% (+0.2%)

2% less repeat investments, than reductions

Existing positions increased: 359 | Existing positions reduced: 368

Holders
1,028
Holders Change
+41
Holders Change %
+4.15%
% of All Funds
23.5%
Holding in Top 10
22
Holding in Top 10 Change
+9
Holding in Top 10 Change %
+69.23%
% of All Funds
0.5%
New
91
Increased
359
Reduced
368
Closed
44
Calls
$89.4M
Puts
$63.6M
Net Calls
+$25.8M
Net Calls Change
-$44.1M
Name Holding Trade Value Shares
Change
Change in
Stake
PPA
26
Parametric Portfolio Associates
Washington
$181M +$11.7M +158,316 +7%
FWIA
27
Fort Washington Investment Advisors
Ohio
$174M +$948K +12,822 +0.6%
EARNEST Partners
28
EARNEST Partners
Georgia
$168M -$1.88M -25,439 -1%
Manulife (Manufacturers Life Insurance)
29
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$163M +$17.6M +237,866 +13%
Lazard Asset Management
30
Lazard Asset Management
New York
$161M +$3.73M +50,436 +2%
Capital Research Global Investors
31
Capital Research Global Investors
California
$134M -$222 -3 -0%
RJA
32
Raymond James & Associates
Florida
$127M +$32.5M +440,206 +37%
Royal Bank of Canada
33
Royal Bank of Canada
Ontario, Canada
$126M +$12.7M +171,828 +12%
Capital International Investors
34
Capital International Investors
California
$126M +$148 +2 +0%
Millennium Management
35
Millennium Management
New York
$120M +$41.7M +564,641 +57%
Goldman Sachs
36
Goldman Sachs
New York
$118M +$14M +189,947 +14%
Wellington Management Group
37
Wellington Management Group
Massachusetts
$114M +$39.8M +539,051 +58%
Fidelity Investments
38
Fidelity Investments
Massachusetts
$112M +$9.61M +129,963 +10%
SEI Investments
39
SEI Investments
Pennsylvania
$110M -$14M -188,792 -12%
Ameriprise
40
Ameriprise
Minnesota
$106M +$4.34M +58,720 +6%
Rockefeller Capital Management
41
Rockefeller Capital Management
New York
$104M +$18.3M +247,909 +22%
Principal Financial Group
42
Principal Financial Group
Iowa
$92.2M -$41.3K -559 -0%
Point72 Asset Management
43
Point72 Asset Management
Connecticut
$87.7M +$84M +1,136,387 New
AG
44
Aperio Group
California
$83.1M +$8.79M +118,921 +12%
Macquarie Group
45
Macquarie Group
Australia
$80.3M -$2.85M -38,558 -4%
Fiera Capital (Canada)
46
Fiera Capital (Canada)
Quebec, Canada
$79.6M -$4.28M -57,910 -5%
CCM
47
Cullen Capital Management
New York
$76.7M -$503K -6,802 -0.7%
Natixis Advisors
48
Natixis Advisors
Massachusetts
$76.7M +$5.87M +79,338 +9%
MIH
49
Madison Investment Holdings
Wisconsin
$76.2M +$228K +3,090 +0.3%
BCPEM
50
Bain Capital Public Equity Management
Massachusetts
$74.9M +$29.4M +397,883 +70%

NVS Hedge Fund Activity: Q3 2018 in Review

1,028 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Novartis (NVS) for Q3 2018, worth a combined $22.4B — up 16% from $19.3B a quarter earlier.

Buyers outnumbered sellers: 91 funds opened new NVS positions and 44 closed out — a net gain of 47 holders — while 359 added to existing stakes and 368 trimmed.

The largest buyer was Arrowstreet Capital, adding an estimated $199M. The largest seller was Renaissance Technologies, cutting an estimated $73.3M.

  • 1,028 institutional investors held Novartis (NVS) as of Q3 2018, up from 987 in Q2 2018.
  • Funds reported $22.4B of Novartis stock for Q3 2018, up 16% quarter-over-quarter.
  • 91 funds opened new Novartis positions in Q3 2018 and 44 closed out, a net change of +47 holders.
  • The largest Novartis buyer in Q3 2018 was Arrowstreet Capital, an estimated $199M added.
  • The largest Novartis seller in Q3 2018 was Renaissance Technologies, an estimated $73.3M sold.

Based on aggregated 13F filings for Q3 2018.