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Novartis

1,400 hedge funds and large institutions have $17.2B invested in Novartis in 2025 Q3 according to their latest regulatory filings, with 115 funds opening new positions, 476 increasing their positions, 481 reducing their positions, and 74 closing their positions.

New
Increased
Maintained
Reduced
Closed

55% more first-time investments, than exits

New positions opened: 115 | Existing positions closed: 74

6% more capital invested

Capital invested by funds: $16.2B → $17.2B (+$990M)

1% more funds holding

Funds holding: 1,3831,400 (+17)

0.02% more ownership

Funds ownership: 6.32%6.34% (+0.02%)

1% less repeat investments, than reductions

Existing positions increased: 476 | Existing positions reduced: 481

34% less call options, than puts

Call options by funds: $261M | Put options by funds: $398M

35% less funds holding in top 10

Funds holding in top 10: 1711 (-6)

Holders
1,400
Holders Change
+17
Holders Change %
+1.23%
% of All Funds
18.38%
Holding in Top 10
11
Holding in Top 10 Change
-6
Holding in Top 10 Change %
-35.29%
% of All Funds
0.14%
New
115
Increased
476
Reduced
481
Closed
74
Calls
$261M
Puts
$398M
Net Calls
-$136M
Net Calls Change
-$74.7M
Name Holding Trade Value Shares
Change
Change in
Stake
Dodge & Cox
1
Dodge & Cox
California
$1.36B -$7.62M -62,484 -0.6%
Primecap Management
2
Primecap Management
California
$1.2B -$129M -1,059,580 -10%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$1.13B -$26.9M -220,209 -2%
Morgan Stanley
4
Morgan Stanley
New York
$991M +$20.7M +169,385 +2%
Fisher Asset Management
5
Fisher Asset Management
Washington
$928M +$14.4M +117,952 +2%
Loomis, Sayles & Company
6
Loomis, Sayles & Company
Massachusetts
$726M +$10.2M +83,335 +1%
Bank of America
7
Bank of America
North Carolina
$591M +$9.57M +78,390 +2%
Franklin Resources
8
Franklin Resources
California
$521M -$22M -180,107 -4%
Goldman Sachs
9
Goldman Sachs
New York
$378M +$49.8M +407,775 +16%
BlackRock
10
BlackRock
New York
$324M +$25.5M +209,051 +9%
Northern Trust
11
Northern Trust
Illinois
$304M +$20.6M +168,573 +8%
GQG Partners
12
GQG Partners
Florida
$290M +$268M +2,200,332 +3,519%
Principal Financial Group
13
Principal Financial Group
Iowa
$268M -$24.8M -203,340 -9%
CCM
14
Cullen Capital Management
New York
$266M -$3.23M -26,475 -1%
Janus Henderson Group
15
Janus Henderson Group
United Kingdom
$265M -$13.4M -110,096 -5%
Renaissance Technologies
16
Renaissance Technologies
New York
$241M -$51.3M -420,320 -18%
Wells Fargo
17
Wells Fargo
California
$235M -$4.08M -33,424 -2%
Envestnet Asset Management
18
Envestnet Asset Management
Illinois
$233M +$10.1M +82,369 +5%
Raymond James Financial
19
Raymond James Financial
Florida
$211M +$88M +720,860 +78%
UBS Group
20
UBS Group
Switzerland
$205M +$29.9M +245,307 +18%
Fidelity Investments
21
Fidelity Investments
Massachusetts
$205M +$7.17M +58,774 +4%
State Street
22
State Street
Massachusetts
$195M -$11.9M -97,456 -6%
Wellington Management Group
23
Wellington Management Group
Massachusetts
$180M -$134M -1,098,307 -44%
SI
24
Scharf Investments
California
$155M -$6.28M -51,496 -4%
Marshall Wace
25
Marshall Wace
United Kingdom
$150M -$32.1M -263,057 -18%

NVS Hedge Fund Activity: Q3 2025 in Review

1,400 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Novartis (NVS) for Q3 2025, worth a combined $17.2B — up 6.1% from $16.2B a quarter earlier.

Buyers outnumbered sellers: 115 funds opened new NVS positions and 74 closed out — a net gain of 41 holders — while 476 added to existing stakes and 481 trimmed.

The largest buyer was GQG Partners, adding an estimated $268M. The largest seller was Wellington Management Group, cutting an estimated $134M.

  • 1,400 institutional investors held Novartis (NVS) as of Q3 2025, up from 1,383 in Q2 2025.
  • Funds reported $17.2B of Novartis stock for Q3 2025, up 6.1% quarter-over-quarter.
  • 115 funds opened new Novartis positions in Q3 2025 and 74 closed out, a net change of +41 holders.
  • The largest Novartis buyer in Q3 2025 was GQG Partners, an estimated $268M added.
  • The largest Novartis seller in Q3 2025 was Wellington Management Group, an estimated $134M sold.

Based on aggregated 13F filings for Q3 2025.