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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
FFA
101
First Foundation Advisors
California
$23.9M +$1.31M +17,981 +6%
PHS
102
Pekin Hardy Strauss
Illinois
$23.8M -$2.87M -39,411 -11%
TA
103
Teachers Advisors
New York
$23.6M -$24.2M -332,381 -52%
GG
104
Gofen & Glossberg
Illinois
$23.4M +$181K +2,486 +0.8%
PIM
105
Perkins Investment Management
Illinois
$22.9M -$870K -11,935 -4%
WSFS
106
Wilmington Savings Fund Society
Delaware
$21.5M -$130K -1,781 -0.6%
EIA
107
Edgemoor Investment Advisors
Maryland
$21.5M +$114K +1,568 +0.6%
HighTower Advisors
108
HighTower Advisors
Illinois
$21.5M +$6.52M +89,449 +47%
ST
109
Sabal Trust
Florida
$20.7M -$356K -4,881 -2%
DADC
110
D.A. Davidson & Co
Montana
$20.5M +$1.51M +20,679 +8%
DP
111
Dearborn Partners
Illinois
$20M +$1.3M +17,843 +7%
BCAM
112
Boston Common Asset Management
Massachusetts
$19.9M -$325K -4,460 -2%
EVM
113
Eaton Vance Management
Massachusetts
$19.8M -$428K -5,878 -2%
O
114
OppenheimerFunds
New York
$18.9M +$81.3K +1,116 +0.5%
HSA
115
Hussman Strategic Advisors
Maryland
$18.8M
NIM
116
Northeast Investment Management
Massachusetts
$18.5M -$195K -2,670 -1%
TCIM
117
TIAA CREF Investment Management
New York
$18.1M -$96.5M -1,324,886 -85%
CGT
118
Capital Guardian Trust
California
$18M +$2.69M +36,856 +18%
EWM
119
Evercore Wealth Management
New York
$18M -$45.2K -620 -0.3%
Norges Bank
120
Norges Bank
Norway
$17.9M
Aristotle Capital Management
121
Aristotle Capital Management
California
$17.3M +$6.34M +87,000 +62%
GT
122
Glenmede Trust
Pennsylvania
$17.2M -$3.48M -47,763 -18%
MIH
123
Madison Investment Holdings
Wisconsin
$17.1M -$667K -9,150 -4%
Comerica Bank
124
Comerica Bank
Texas
$17M +$530K +7,276 +3%
BPBT
125
Boston Private Bank & Trust
Massachusetts
$16.6M +$167K +2,286 +1%

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.