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Novartis

987 hedge funds and large institutions have $19.3B invested in Novartis in 2018 Q2 according to their latest regulatory filings, with 65 funds opening new positions, 344 increasing their positions, 397 reducing their positions, and 82 closing their positions.

New
Increased
Maintained
Reduced
Closed

261% more call options, than puts

Call options by funds: $96.7M | Put options by funds: $26.8M

0.28% more ownership

Funds ownership: 10.92%11.2% (+0.28%)

2% less funds holding

Funds holding: 1,012987 (-25)

7% less capital invested

Capital invested by funds: $20.7B → $19.3B (-$1.38B)

13% less repeat investments, than reductions

Existing positions increased: 344 | Existing positions reduced: 397

21% less first-time investments, than exits

New positions opened: 65 | Existing positions closed: 82

46% less funds holding in top 10

Funds holding in top 10: 2413 (-11)

Holders
987
Holders Change
-25
Holders Change %
-2.47%
% of All Funds
22.6%
Holding in Top 10
13
Holding in Top 10 Change
-11
Holding in Top 10 Change %
-45.83%
% of All Funds
0.3%
New
65
Increased
344
Reduced
397
Closed
82
Calls
$96.7M
Puts
$26.8M
Net Calls
+$69.9M
Net Calls Change
+$29.6M
Name Holding Trade Value Shares
Change
Change in
Stake
MWNA
51
Marshall Wace North America
New York
$61.4M -$65.6M -950,195 -51%
SI
52
Scharf Investments
California
$58.4M -$2.05M -29,753 -3%
Lord, Abbett & Co
53
Lord, Abbett & Co
New Jersey
$56.1M -$33.4M -484,540 -37%
Two Sigma Investments
54
Two Sigma Investments
New York
$55.7M +$21.7M +314,807 +62%
ClearBridge Investments
55
ClearBridge Investments
New York
$53.7M +$338K +4,893 +0.6%
JP Morgan Chase
56
JP Morgan Chase
New York
$53M +$360K +5,224 +0.7%
Arrowstreet Capital
57
Arrowstreet Capital
Massachusetts
$52.1M +$31.4M +454,742 +144%
Bank of New York Mellon
58
Bank of New York Mellon
New York
$51.8M -$24.2M -351,364 -31%
Deutsche Bank
59
Deutsche Bank
Germany
$48.4M +$44.8M +648,843 +972%
MIP
60
Mondrian Investment Partners
United Kingdom
$41.4M
TAM
61
Tocqueville Asset Management
New York
$39.7M +$1.22M +17,633 +3%
BCPEM
62
Bain Capital Public Equity Management
Massachusetts
$38.7M +$39.5M +571,811 New
OCM
63
Osterweis Capital Management
California
$37.8M -$1.22M -17,700 -3%
MIS
64
Morningstar Investment Services
Illinois
$36.6M +$266K +3,860 +0.7%
Chevy Chase Trust
65
Chevy Chase Trust
Maryland
$35.6M +$625K +9,055 +2%
CTB
66
Country Trust Bank
Illinois
$35.5M +$6.94M +100,628 +24%
CCM
67
Causeway Capital Management
California
$34.9M +$3.92M +56,788 +12%
SL
68
Summitry LLC
California
$34.8M +$271K +3,927 +0.8%
BCWM
69
Bartlett & Co Wealth Management
Ohio
$34.5M -$861K -12,478 -2%
BC
70
Bartlett & Co
Ohio
$34.5M -$861K -12,478 -2%
DADC
71
D.A. Davidson & Co
Montana
$33.2M +$765K +11,087 +2%
Capital World Investors
72
Capital World Investors
California
$33.2M
JFL
73
Jarislowsky, Fraser Ltd
Quebec, Canada
$32.8M -$150K -2,174 -0.4%
PNC Financial Services Group
74
PNC Financial Services Group
Pennsylvania
$32.7M -$543K -7,873 -2%
NPA
75
Nichols & Pratt Advisers
Massachusetts
$31.8M -$4.07K -59 -0%

NVS Hedge Fund Activity: Q2 2018 in Review

987 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Novartis (NVS) for Q2 2018, worth a combined $19.3B — down 6.7% from $20.7B a quarter earlier.

Sellers outnumbered buyers: 82 funds closed out of NVS and 65 opened new positions — a net loss of 17 holders — while 397 trimmed existing stakes and 344 added.

The largest buyer was Charles Schwab Investment Advisory, opening a new position worth an estimated $303M. The largest seller was Parnassus Investments, cutting an estimated $373M.

  • 987 institutional investors held Novartis (NVS) as of Q2 2018, down from 1,012 in Q1 2018.
  • Funds reported $19.3B of Novartis stock for Q2 2018, down 6.7% quarter-over-quarter.
  • 65 funds opened new Novartis positions in Q2 2018 and 82 closed out, a net change of -17 holders.
  • The largest Novartis buyer in Q2 2018 was Charles Schwab Investment Advisory, an estimated $303M added.
  • The largest Novartis seller in Q2 2018 was Parnassus Investments, an estimated $373M sold.

Based on aggregated 13F filings for Q2 2018.