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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
PAG
526
Private Advisor Group
New Jersey
$893K +$66.3K +910 +8%
BCMO
527
Buckingham Capital Management (Ohio)
Ohio
$891K -$45.5K -625 -5%
CIC
528
Carnegie Investment Counsel
Ohio
$882K
HT
529
HighTower Trust
Texas
$879K -$625K -8,578 -43%
IFB
530
iAB Financial Bank
Indiana
$871K +$12.2K +167 +1%
CCA
531
Cobblestone Capital Advisors
New York
$865K -$4.29M -58,849 -84%
GOCM
532
Grey Owl Capital Management
Virginia
$865K +$14K +192 +2%
PM
533
Penbrook Management
New York
$860K +$423K +5,803 +100%
MBTD
534
Mechanics Bank - Trust Department
California
$853K
CBU
535
CIBC Bank USA
Illinois
$842K -$9.62K -132 -1%
SFSG
536
Stearns Financial Services Group
North Carolina
$841K +$802 +11 +0.1%
NAM
537
Nichols Asset Management
Massachusetts
$839K
BUB
538
BBVA USA Bancshares
Texas
$839K +$28.1K +386 +4%
ACM
539
Argyle Capital Management
Pennsylvania
$835K
1IC
540
1919 Investment Counsel
Maryland
$834K -$47.1K -647 -6%
DWT
541
Dorsey & Whitney Trust
South Dakota
$831K +$89.5K +1,228 +13%
PAMG
542
Patton Albertson Miller Group
Tennessee
$817K +$23.2K +318 +3%
ST
543
Spinnaker Trust
Maine
$807K
EIM
544
Essex Investment Management
Massachusetts
$798K
HPC
545
HM Payson & Co
Maine
$794K +$9.98K +137 +1%
IC
546
Inverness Counsel
New York
$781K
MWR
547
McAdams Wright Ragen
Washington
$780K +$4.08K +56 +0.5%
ST
548
Somerset Trust
Pennsylvania
$768K +$34.5K +474 +5%
SAM
549
Silvercrest Asset Management
New York
$764K -$802 -11 -0.1%
CA
550
Cetera Advisors
Colorado
$755K -$146 -2 -0%

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.