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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
PHS
101
Pekin Hardy Strauss
Illinois
$24.4M -$912K -11,590 -4%
Arrowstreet Capital
102
Arrowstreet Capital
Massachusetts
$24.1M +$23.4M +297,414 New
DADC
103
D.A. Davidson & Co
Montana
$24M +$2.05M +26,037 +10%
HighTower Advisors
104
HighTower Advisors
Illinois
$23.5M +$612K +7,784 +3%
DP
105
Dearborn Partners
Illinois
$22.9M +$1.57M +19,915 +8%
WSFS
106
Wilmington Savings Fund Society
Delaware
$22.4M -$553K -7,025 -2%
ST
107
Sabal Trust
Florida
$22.3M +$183K +2,331 +0.9%
EIA
108
Edgemoor Investment Advisors
Maryland
$22M -$798K -10,142 -4%
CGT
109
Capital Guardian Trust
California
$21.5M +$2.27M +28,808 +12%
PIM
110
Perkins Investment Management
Illinois
$21.4M -$2.9M -36,827 -12%
BCAM
111
Boston Common Asset Management
Massachusetts
$21.4M +$110K +1,398 +0.5%
EVM
112
Eaton Vance Management
Massachusetts
$20.9M -$173K -2,203 -0.8%
O
113
OppenheimerFunds
New York
$20.1M
NIM
114
Northeast Investment Management
Massachusetts
$19.6M -$40.2K -511 -0.2%
HSA
115
Hussman Strategic Advisors
Maryland
$19.4M -$632K -8,035 -3%
1832 Asset Management
116
1832 Asset Management
Ontario, Canada
$19.3M +$18.7M +238,210 +212,688%
EWM
117
Evercore Wealth Management
New York
$18.9M -$256K -3,257 -1%
PNC
118
Park National Corp
Ohio
$18.2M +$2.1M +26,691 +13%
Citigroup
119
Citigroup
New York
$17.9M +$3.44M +43,768 +25%
GT
120
Glenmede Trust
Pennsylvania
$17.9M -$363K -4,611 -2%
WT
121
Wilmington Trust
Delaware
$17.5M -$60.8K -773 -0.4%
BA
122
BlackRock Advisors
Delaware
$17.3M +$5.06M +64,313 +43%
GC
123
Guggenheim Capital
Illinois
$17.2M +$276K +3,506 +2%
CCM
124
Compass Capital Management
Minnesota
$17.1M -$332K -4,217 -2%
William Blair & Company
125
William Blair & Company
Illinois
$16.8M +$3.2M +40,665 +24%

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.