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Novartis

875 hedge funds and large institutions have $22.5B invested in Novartis in 2014 Q3 according to their latest regulatory filings, with 54 funds opening new positions, 315 increasing their positions, 335 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

157% more first-time investments, than exits

New positions opened: 54 | Existing positions closed: 21

71% more call options, than puts

Call options by funds: $187M | Put options by funds: $110M

22% more funds holding in top 10

Funds holding in top 10: 5871 (+13)

3% more funds holding

Funds holding: 848875 (+27)

2% more capital invested

Capital invested by funds: $22B → $22.5B (+$520M)

0.06% less ownership

Funds ownership: 9.79%9.72% (-0.06%)

6% less repeat investments, than reductions

Existing positions increased: 315 | Existing positions reduced: 335

Holders
875
Holders Change
+27
Holders Change %
+3.18%
% of All Funds
25.38%
Holding in Top 10
71
Holding in Top 10 Change
+13
Holding in Top 10 Change %
+22.41%
% of All Funds
2.06%
New
54
Increased
315
Reduced
335
Closed
21
Calls
$187M
Puts
$110M
Net Calls
+$77.6M
Net Calls Change
+$12.5M
Name Holding Trade Value Shares
Change
Change in
Stake
Dodge & Cox
1
Dodge & Cox
California
$4.79B -$17.8M -219,595 -0.4%
Primecap Management
2
Primecap Management
California
$2.09B -$145M -1,793,175 -7%
BBHC
3
Brown Brothers Harriman & Co
New York
$1.07B -$5.69M -70,321 -0.6%
Wells Fargo
4
Wells Fargo
California
$695M +$29.4M +363,505 +5%
BTS
5
BB&T Securities
Virginia
$629M -$1.39M -17,129 -2%
Fisher Asset Management
6
Fisher Asset Management
Washington
$566M +$4.09M +50,521 +0.8%
U
7
UBS
Switzerland
$435M +$21.3M +263,760 +5%
MAA
8
Managed Account Advisors
New Jersey
$380M +$7.27M +89,891 +2%
Loomis, Sayles & Company
9
Loomis, Sayles & Company
Massachusetts
$323M +$33.2M +409,881 +12%
Northern Trust
10
Northern Trust
Illinois
$313M -$64.5M -797,044 -18%
Invesco
11
Invesco
Georgia
$277M +$13.2M +163,301 +5%
Parnassus Investments
12
Parnassus Investments
California
$258M +$2.13M +26,313 +0.9%
ClearBridge Investments
13
ClearBridge Investments
New York
$256M -$7.69M -95,091 -3%
Franklin Resources
14
Franklin Resources
California
$247M -$1.49M -18,419 -0.6%
Arrowstreet Capital
15
Arrowstreet Capital
Massachusetts
$247M +$213M +2,631,241 +885%
Fidelity Investments
16
Fidelity Investments
Massachusetts
$238M -$26.6M -328,911 -10%
Capital Research Global Investors
17
Capital Research Global Investors
California
$237M
Neuberger Berman Group
18
Neuberger Berman Group
New York
$223M -$659K -8,144 -0.3%
Boston Partners
19
Boston Partners
Massachusetts
$222M -$5.11M -63,150 -2%
Bank of America
20
Bank of America
North Carolina
$221M +$4.96M +61,321 +2%
WI
21
WHV Investments
California
$220M -$2.21M -27,345 -1%
EARNEST Partners
22
EARNEST Partners
Georgia
$208M -$11.7M -144,141 -6%
Lazard Asset Management
23
Lazard Asset Management
New York
$193M -$5.57M -68,885 -3%
Dimensional Fund Advisors
24
Dimensional Fund Advisors
Texas
$193M -$747K -9,228 -0.4%
Macquarie Group
25
Macquarie Group
Australia
$192M -$13.4M -165,520 -7%

NVS Hedge Fund Activity: Q3 2014 in Review

875 of the 3,448 institutional investors tracked by Wall St. Rank reported a position in Novartis (NVS) for Q3 2014, worth a combined $22.5B — up 2.4% from $22B a quarter earlier.

Buyers outnumbered sellers: 54 funds opened new NVS positions and 21 closed out — a net gain of 33 holders — while 315 added to existing stakes and 335 trimmed.

The largest buyer was Arrowstreet Capital, adding an estimated $213M. The largest seller was Primecap Management, cutting an estimated $145M.

  • 875 institutional investors held Novartis (NVS) as of Q3 2014, up from 848 in Q2 2014.
  • Funds reported $22.5B of Novartis stock for Q3 2014, up 2.4% quarter-over-quarter.
  • 54 funds opened new Novartis positions in Q3 2014 and 21 closed out, a net change of +33 holders.
  • The largest Novartis buyer in Q3 2014 was Arrowstreet Capital, an estimated $213M added.
  • The largest Novartis seller in Q3 2014 was Primecap Management, an estimated $145M sold.

Based on aggregated 13F filings for Q3 2014.