Holders over time
- NVS
- JNJ
| Quarter | NVS | JNJ |
|---|---|---|
| Q3 2020 | 10 holders, $3.8bn | 30 holders, $26.2bn |
| Q4 2020 | 10 holders, $3.7bn | 32 holders, $26.6bn |
| Q1 2021 | 9 holders, $3.1bn | 31 holders, $25.3bn |
| Q2 2021 | 13 holders, $3.8bn | 37 holders, $25.6bn |
| Q3 2021 | 10 holders, $3.9bn | 40 holders, $24.1bn |
| Q4 2021 | 14 holders, $4.4bn | 33 holders, $25.2bn |
| Q1 2022 | 14 holders, $4.4bn | 35 holders, $28.2bn |
| Q2 2022 | 13 holders, $3.8bn | 33 holders, $26.9bn |
| Q3 2022 | 13 holders, $3.2bn | 36 holders, $25.4bn |
| Q4 2022 | 11 holders, $3.9bn | 35 holders, $27.6bn |
| Q1 2023 | 15 holders, $3.5bn | 42 holders, $24.5bn |
| Q2 2023 | 11 holders, $3.0bn | 38 holders, $25.0bn |
| Q3 2023 | 10 holders, $2.9bn | 37 holders, $18.9bn |
| Q4 2023 | 10 holders, $2.5bn | 31 holders, $19.0bn |
| Q1 2024 | 9 holders, $2.3bn | 32 holders, $19.7bn |
| Q2 2024 | 9 holders, $2.5bn | 35 holders, $20.4bn |
| Q3 2024 | 7 holders, $2.7bn | 28 holders, $22.3bn |
| Q4 2024 | 8 holders, $2.2bn | 37 holders, $20.4bn |
| Q1 2025 | 9 holders, $2.6bn | 32 holders, $20.5bn |
| Q2 2025 | 9 holders, $2.6bn | 31 holders, $18.4bn |
| Q3 2025 | 7 holders, $2.3bn | 32 holders, $23.7bn |
| Q4 2025 | 7 holders, $2.0bn | 29 holders, $27.8bn |
| Q1 2026 | 6 holders, $1.7bn | 34 holders, $35.6bn |
| Q2 2026 | 9 holders, $999m | 33 holders, $39.1bn |
Novartis AG
- Holders
- 7
- Reported value
- $2.7bn
- Buyers
- 3
- Sellers
- 5
Breadth -2 among 94 comparable managers.
Johnson & Johnson
- Holders
- 28
- Reported value
- $22.3bn
- Buyers
- 13
- Sellers
- 16
Breadth -3 among 94 comparable managers.
Who holds both, Q3 2024
Both (5)
Arrowstreet Capital LP, Capital Research Global Investors, Dodge & Cox, Janus Henderson Group Ltd, Wellington Management Group LLP
Only NVS (2)
Only JNJ (23)
Acadian Asset Management LLC, AllianceBernstein LP, AQR Capital Management LLC, Brevan Howard Capital Management LP, Bridgewater Associates LP, Eisler Capital Management Ltd, ExodusPoint Capital Management LP, Fidelity (FMR LLC), GAMCO Investors Inc, Holocene Advisors LP, Hudson Bay Capital Management LP, Invesco Ltd, Man Group PLC, Markel Group Inc, Marshall Wace LLP, MFS Investment Management, Neuberger Berman Group LLC, Schonfeld Strategic Advisors LLC, Squarepoint Ops LLC, T. Rowe Price Associates Inc, Two Sigma Advisers LP, Walleye Capital LLC, Woodline Partners LP
How much of the picture this is
A 13F is a manager’s long US-listed equity book at a quarter end, filed up to 45 days later. Buyers and sellers count comparable managers (those that filed both quarters) by shares, so a rise in value with no rise in shares is the price. Large books are listed to their largest positions. These are 95 tracked managers, not the institutional market.