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Novartis

1,172 hedge funds and large institutions have $24.4B invested in Novartis in 2019 Q4 according to their latest regulatory filings, with 156 funds opening new positions, 412 increasing their positions, 387 reducing their positions, and 55 closing their positions.

New
Increased
Maintained
Reduced
Closed

184% more first-time investments, than exits

New positions opened: 156 | Existing positions closed: 55

64% more funds holding in top 10

Funds holding in top 10: 1423 (+9)

55% more call options, than puts

Call options by funds: $200M | Put options by funds: $129M

15% more capital invested

Capital invested by funds: $21.2B → $24.4B (+$3.18B)

8% more funds holding

Funds holding: 1,0901,172 (+82)

6% more repeat investments, than reductions

Existing positions increased: 412 | Existing positions reduced: 387

0.54% more ownership

Funds ownership: 9.57%10.11% (+0.54%)

Holders
1,172
Holders Change
+82
Holders Change %
+7.52%
% of All Funds
23.09%
Holding in Top 10
23
Holding in Top 10 Change
+9
Holding in Top 10 Change %
+64.29%
% of All Funds
0.45%
New
156
Increased
412
Reduced
387
Closed
55
Calls
$200M
Puts
$129M
Net Calls
+$71M
Net Calls Change
+$62.6M
Name Holding Trade Value Shares
Change
Change in
Stake
Primecap Management
1
Primecap Management
California
$2.41B -$6.04M -67,350 -0.3%
Dodge & Cox
2
Dodge & Cox
California
$2.39B -$140M -1,563,295 -6%
Franklin Resources
3
Franklin Resources
California
$1.12B -$47.9M -534,300 -4%
Loomis, Sayles & Company
4
Loomis, Sayles & Company
Massachusetts
$972M +$284M +3,162,317 +45%
Bank of America
5
Bank of America
North Carolina
$887M +$85.9M +956,800 +11%
Fisher Asset Management
6
Fisher Asset Management
Washington
$797M +$9.58M +106,786 +1%
UBS Group
7
UBS Group
Switzerland
$765M +$41.9M +467,073 +6%
Wells Fargo
8
Wells Fargo
California
$639M +$3.15M +35,100 +0.5%
Renaissance Technologies
9
Renaissance Technologies
New York
$625M +$125M +1,396,027 +27%
Mawer Investment Management
10
Mawer Investment Management
Alberta, Canada
$572M +$4.17M +46,437 +0.8%
Fidelity Investments
11
Fidelity Investments
Massachusetts
$569M -$53.1M -591,500 -9%
Aristotle Capital Management
12
Aristotle Capital Management
California
$548M +$204M +2,277,806 +65%
Janus Henderson Group
13
Janus Henderson Group
United Kingdom
$455M +$9.73M +108,422 +2%
BlackRock
14
BlackRock
New York
$422M +$209M +2,325,948 +109%
CSIA
15
Charles Schwab Investment Advisory
California
$417M +$8.68M +96,711 +2%
BBHC
16
Brown Brothers Harriman & Co
New York
$415M -$31.8M -354,912 -7%
Arrowstreet Capital
17
Arrowstreet Capital
Massachusetts
$384M +$74M +824,906 +26%
Northern Trust
18
Northern Trust
Illinois
$379M +$4.48M +49,931 +1%
Manulife (Manufacturers Life Insurance)
19
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$299M +$23.3M +259,993 +9%
Jennison Associates
20
Jennison Associates
New York
$269M +$226M +2,516,662 +774%
Wellington Management Group
21
Wellington Management Group
Massachusetts
$265M +$842K +9,388 +0.3%
Morgan Stanley
22
Morgan Stanley
New York
$264M +$32.1M +357,703 +15%
PPA
23
Parametric Portfolio Associates
Washington
$249M +$7.88M +87,857 +3%
SCCM
24
Schafer Cullen Capital Management
New York
$245M -$7.32M -81,549 -3%
Lazard Asset Management
25
Lazard Asset Management
New York
$234M -$1.72M -19,215 -0.8%

NVS Hedge Fund Activity: Q4 2019 in Review

1,172 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Novartis (NVS) for Q4 2019, worth a combined $24.4B — up 15% from $21.2B a quarter earlier.

Buyers outnumbered sellers: 156 funds opened new NVS positions and 55 closed out — a net gain of 101 holders — while 412 added to existing stakes and 387 trimmed.

The largest buyer was Loomis, Sayles & Company, adding an estimated $284M. The largest seller was Dodge & Cox, cutting an estimated $140M.

  • 1,172 institutional investors held Novartis (NVS) as of Q4 2019, up from 1,090 in Q3 2019.
  • Funds reported $24.4B of Novartis stock for Q4 2019, up 15% quarter-over-quarter.
  • 156 funds opened new Novartis positions in Q4 2019 and 55 closed out, a net change of +101 holders.
  • The largest Novartis buyer in Q4 2019 was Loomis, Sayles & Company, an estimated $284M added.
  • The largest Novartis seller in Q4 2019 was Dodge & Cox, an estimated $140M sold.

Based on aggregated 13F filings for Q4 2019.