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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
WT
126
Wilmington Trust
Delaware
$16.5M -$1.12M -15,344 -7%
CCM
127
Compass Capital Management
Minnesota
$16.4M +$153K +2,093 +1%
CCM
128
Cullen Capital Management
New York
$16.4M +$3.05M +41,906 +24%
PAS
129
Professional Advisory Services
Florida
$16.3M -$641K -8,794 -4%
GC
130
Guggenheim Capital
Illinois
$15.9M +$2.18M +29,961 +17%
TAM
131
Todd Asset Management
Kentucky
$15.9M -$23.1M -317,418 -60%
Kayne Anderson Rudnick Investment Management
132
Kayne Anderson Rudnick Investment Management
California
$15.4M +$131K +1,804 +0.9%
PNC
133
Park National Corp
Ohio
$15.1M +$2.07M +28,431 +17%
MTC
134
McDaniel Terry & Co
Texas
$14.8M +$93.3K +1,280 +0.7%
TGI
135
Tradewinds Global Investors
California
$14.7M -$5.7M -78,270 -29%
TCT
136
TIAA CREF Trust
Missouri
$14.3M -$735K -10,083 -5%
RMCM
137
Reynders McVeigh Capital Management
Massachusetts
$14.3M +$337K +4,620 +3%
UBS AM
138
UBS AM
Illinois
$14.1M -$599K -8,215 -4%
TRSOTSOK
139
Teachers Retirement System of the State of Kentucky
Kentucky
$14M -$14.5M -198,313 -52%
CTI
140
Community Trust & Investment
Kentucky
$13.8M +$483K +6,629 +4%
GGI
141
Godsey & Gibb Inc
Virginia
$13.7M -$411K -5,641 -3%
BCM
142
Brookmont Capital Management
Texas
$13.7M -$214K -2,939 -2%
FFIC
143
First Fiduciary Investment Counsel
Ohio
$13.6M -$445K -6,101 -3%
Citigroup
144
Citigroup
New York
$13.5M +$2.23M +30,555 +21%
WG
145
Welch Group
Alabama
$13.2M -$164K -2,257 -1%
Bank of Montreal
146
Bank of Montreal
Ontario, Canada
$13.2M +$113K +1,546 +0.9%
NFA
147
Nationwide Fund Advisors
Ohio
$13.1M +$765K +10,493 +7%
WAM
148
World Asset Management
Michigan
$12.9M -$1.43M -19,588 -10%
Chevy Chase Trust
149
Chevy Chase Trust
Maryland
$12.8M -$681K -9,350 -5%
TSW
150
Thompson Siegel & Walmsley
Virginia
$12.7M -$219 -3 -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.