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Novartis

875 hedge funds and large institutions have $22.5B invested in Novartis in 2014 Q3 according to their latest regulatory filings, with 54 funds opening new positions, 315 increasing their positions, 335 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

157% more first-time investments, than exits

New positions opened: 54 | Existing positions closed: 21

71% more call options, than puts

Call options by funds: $187M | Put options by funds: $110M

22% more funds holding in top 10

Funds holding in top 10: 5871 (+13)

3% more funds holding

Funds holding: 848875 (+27)

2% more capital invested

Capital invested by funds: $22B → $22.5B (+$520M)

0.06% less ownership

Funds ownership: 9.79%9.72% (-0.06%)

6% less repeat investments, than reductions

Existing positions increased: 315 | Existing positions reduced: 335

Holders
875
Holders Change
+27
Holders Change %
+3.18%
% of All Funds
25.38%
Holding in Top 10
71
Holding in Top 10 Change
+13
Holding in Top 10 Change %
+22.41%
% of All Funds
2.06%
New
54
Increased
315
Reduced
335
Closed
21
Calls
$187M
Puts
$110M
Net Calls
+$77.6M
Net Calls Change
+$12.5M
Name Holding Trade Value Shares
Change
Change in
Stake
PIM
501
Penobscot Investment Management
Massachusetts
$1.21M -$42.4K -524 -4%
First Eagle Investment Management
502
First Eagle Investment Management
New York
$1.21M -$19.2K -237 -2%
SGAM
503
Steinberg Global Asset Management
Florida
$1.2M +$63.2K +781 +6%
CAN
504
Cetera Advisor Networks
California
$1.19M -$353K -4,367 -24%
PSI
505
Pinnacle Summer Investments
Virginia
$1.18M -$76.3K -943 -6%
State Street
506
State Street
Massachusetts
$1.16M -$4.85K -60 -0.4%
CASB
507
Cape Ann Savings Bank
Massachusetts
$1.16M -$2.27K -28 -0.2%
SSWM
508
Smith Salley Wealth Management
North Carolina
$1.14M +$209K +2,584 +24%
LMGAM
509
Liberty Mutual Group Asset Management
Massachusetts
$1.14M +$1.09M +13,454 New
AHS
510
Aspiriant Holdings S3
California
$1.11M +$71.4K +882 +7%
FBT
511
Founders Bank & Trust
Michigan
$1.11M -$41.9K -518 -4%
KFS
512
KMS Financial Services
Washington
$1.08M +$79.9K +988 +8%
CSS
513
Cubist Systematic Strategies
Connecticut
$1.07M +$622K +7,685 +153%
CCA
514
Checchi Capital Advisers
California
$1.06M +$105K +1,302 +12%
GLA
515
Great Lakes Advisors
Illinois
$1.04M -$12.7K -157 -1%
GD
516
Grandfield & Dodd
New York
$1.04M +$24.7K +305 +3%
NAM
517
NTV Asset Management
West Virginia
$1.04M
Bessemer Group
518
Bessemer Group
New Jersey
$1.04M -$42.2K -521 -4%
DC
519
Deere & Company
Illinois
$1.02M -$74K -915 -7%
PAM
520
Palisade Asset Management
Minnesota
$1.02M -$485 -6 -0%
PCM
521
Parsons Capital Management
Rhode Island
$1.01M -$3.64K -45 -0.4%
Toronto Dominion Bank
522
Toronto Dominion Bank
Ontario, Canada
$1M -$25.2K -311 -2%
VKH
523
Virtu KCG Holdings
New York
$994K -$202K -2,491 -17%
AI
524
Atria Investments
North Carolina
$984K +$24.1K +298 +3%
NFG
525
Next Financial Group
Texas
$976K +$931K +11,505 +17,172%

NVS Hedge Fund Activity: Q3 2014 in Review

875 of the 3,448 institutional investors tracked by Wall St. Rank reported a position in Novartis (NVS) for Q3 2014, worth a combined $22.5B — up 2.4% from $22B a quarter earlier.

Buyers outnumbered sellers: 54 funds opened new NVS positions and 21 closed out — a net gain of 33 holders — while 315 added to existing stakes and 335 trimmed.

The largest buyer was Arrowstreet Capital, adding an estimated $213M. The largest seller was Primecap Management, cutting an estimated $145M.

  • 875 institutional investors held Novartis (NVS) as of Q3 2014, up from 848 in Q2 2014.
  • Funds reported $22.5B of Novartis stock for Q3 2014, up 2.4% quarter-over-quarter.
  • 54 funds opened new Novartis positions in Q3 2014 and 21 closed out, a net change of +33 holders.
  • The largest Novartis buyer in Q3 2014 was Arrowstreet Capital, an estimated $213M added.
  • The largest Novartis seller in Q3 2014 was Primecap Management, an estimated $145M sold.

Based on aggregated 13F filings for Q3 2014.