Holders over time
- NVS
- VRTX
| Quarter | NVS | VRTX |
|---|---|---|
| Q3 2020 | 10 holders, $3.8bn | 31 holders, $21.9bn |
| Q4 2020 | 10 holders, $3.7bn | 30 holders, $18.4bn |
| Q1 2021 | 9 holders, $3.1bn | 31 holders, $15.4bn |
| Q2 2021 | 13 holders, $3.8bn | 30 holders, $12.7bn |
| Q3 2021 | 10 holders, $3.9bn | 35 holders, $10.1bn |
| Q4 2021 | 14 holders, $4.4bn | 28 holders, $12.4bn |
| Q1 2022 | 14 holders, $4.4bn | 23 holders, $16.1bn |
| Q2 2022 | 13 holders, $3.8bn | 25 holders, $18.1bn |
| Q3 2022 | 13 holders, $3.2bn | 22 holders, $18.4bn |
| Q4 2022 | 11 holders, $3.9bn | 28 holders, $18.4bn |
| Q1 2023 | 15 holders, $3.5bn | 26 holders, $21.4bn |
| Q2 2023 | 11 holders, $3.0bn | 27 holders, $24.7bn |
| Q3 2023 | 10 holders, $2.9bn | 33 holders, $24.3bn |
| Q4 2023 | 10 holders, $2.5bn | 32 holders, $28.6bn |
| Q1 2024 | 9 holders, $2.3bn | 31 holders, $29.8bn |
| Q2 2024 | 9 holders, $2.5bn | 29 holders, $33.4bn |
| Q3 2024 | 7 holders, $2.7bn | 27 holders, $33.5bn |
| Q4 2024 | 8 holders, $2.2bn | 26 holders, $28.5bn |
| Q1 2025 | 9 holders, $2.6bn | 21 holders, $35.4bn |
| Q2 2025 | 9 holders, $2.6bn | 21 holders, $32.3bn |
| Q3 2025 | 7 holders, $2.3bn | 22 holders, $25.9bn |
| Q4 2025 | 7 holders, $2.0bn | 26 holders, $31.8bn |
| Q1 2026 | 6 holders, $1.7bn | 25 holders, $31.8bn |
| Q2 2026 | 9 holders, $999m | 26 holders, $34.6bn |
Novartis AG
- Holders
- 9
- Reported value
- $999m
- Buyers
- 17
- Sellers
- 13
Breadth +4 among 91 comparable managers.
Vertex Pharmaceuticals Inc
- Holders
- 26
- Reported value
- $34.6bn
- Buyers
- 21
- Sellers
- 17
Breadth +4 among 91 comparable managers.
Who holds both, Q2 2026
Both (5)
Holocene Advisors LP, Janus Henderson Group Ltd, Marshall Wace LLP, Millennium Management LLC, Renaissance Technologies LLC
Only NVS (4)
Dodge & Cox, Farallon Capital Management LLC, Glenview Capital Management LLC, Maverick Capital Ltd
Only VRTX (21)
Acadian Asset Management LLC, AllianceBernstein LP, AQR Capital Management LLC, Arrowstreet Capital LP, Baillie Gifford & Co, Balyasny Asset Management LLC, Brevan Howard Capital Management LP, Bridgewater Associates LP, Capital Research Global Investors, Capital World Investors, Citadel Advisors LLC, Fidelity (FMR LLC), Hudson Bay Capital Management LP, Invesco Ltd, Man Group PLC, MFS Investment Management, Neuberger Berman Group LLC, T. Rowe Price Associates Inc, Two Sigma Investments LP, Wellington Management Group LLP, 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.