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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
Goldman Sachs
51
Goldman Sachs
New York
$78.5M -$15.8M -201,059 -17%
SI
52
Scout Investments
Missouri
$77.1M -$8.36M -106,271 -10%
IC
53
Institutional Capital
Illinois
$76.9M -$71.3M -907,106 -49%
PPA
54
Parametric Portfolio Associates
Washington
$76.8M +$3.16M +40,132 +4%
CS
55
Credit Suisse
Switzerland
$76.4M -$9M -114,396 -11%
MHI
56
Miller Howard Investments
New York
$64.3M +$1.11M +14,125 +2%
OCM
57
Osterweis Capital Management
California
$63.8M +$974K +12,377 +2%
BGIM
58
Brandywine Global Investment Management
Pennsylvania
$59.1M +$2.06M +26,248 +4%
Hotchkis & Wiley Capital Management
59
Hotchkis & Wiley Capital Management
California
$58.8M -$145M -1,845,236 -72%
Royal Bank of Canada
60
Royal Bank of Canada
Ontario, Canada
$58M +$3.24M +41,170 +6%
AG
61
Aperio Group
California
$55.9M +$6.93M +88,153 +15%
Fiera Capital (Canada)
62
Fiera Capital (Canada)
Quebec, Canada
$54.4M +$6.62M +84,113 +14%
PNC Financial Services Group
63
PNC Financial Services Group
Pennsylvania
$52.4M -$1.08M -13,700 -2%
First Manhattan
64
First Manhattan
New York
$51.9M -$1.69M -21,539 -3%
DCLA
65
Douglas C. Lane & Associates
New York
$50.2M -$269K -3,425 -0.6%
WCM
66
Wedge Capital Management
North Carolina
$49M -$3.97M -50,527 -8%
SFM
67
Sphera Funds Management
Israel
$48.3M -$176K -2,232 -0.4%
MIP
68
Mondrian Investment Partners
United Kingdom
$45.4M
CTB
69
Country Trust Bank
Illinois
$44.8M +$43.4M +552,017 New
Natixis Advisors
70
Natixis Advisors
Massachusetts
$43.5M +$1.4M +17,859 +3%
BFS
71
Bradley Foster & Sargent
Connecticut
$42.6M -$632K -8,037 -2%
BC
72
Bartlett & Co
Ohio
$42.4M -$1.33M -16,926 -3%
NPA
73
Nichols & Pratt Advisers
Massachusetts
$39.6M -$247K -3,134 -0.6%
Fifth Third Bancorp
74
Fifth Third Bancorp
Ohio
$38.6M +$1.2M +15,232 +3%
RJA
75
Raymond James & Associates
Florida
$38.4M +$4.02M +51,130 +12%

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.