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NVS in the 13F filings

Novartis AG · CUSIP 66987V109

Sector · Pharmaceuticals and biotechnologyTheme · Healthcare: biopharma and medtech· L3VLUP-definedTheme · Pharmaceutical preparations
Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023
Quarter end
31 Dec 2025
the date the book describes
Filed
27 Oct 2026
latest of these filings; the earliest 22 Jan 2026
Managers listing it
25
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 7 listed it in both
Shares listed
16,710,479
combined, among listed positions
Reported value
$2.3bn
combined, at the quarter end

Among the 92 comparable managers: 12 buyers (opened or added shares) and 16 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was -3,742,188.

Managers listing NVS in Q4 2025

Share of 13F value is the position’s reported value over everything the manager reported that quarter. The share change is against Q3 2025, and only where both filings list the position. A rise in value with no rise in shares is the price, not buying.

25 of 25 holders

ActionFiling
Dodge & Cox9,014,641$1.2bn0.67%Trimmed-1,570,50413 Feb 2026 (the filing on sec.gov)
Janus Henderson Group Ltd2,234,418$308m0.14%Added+165,69217 Feb 2026 (the filing on sec.gov)
Fidelity (FMR LLC)1,662,296$229munder 0.1%Added+62,55917 Feb 2026 (the filing on sec.gov)
Renaissance Technologies LLC1,343,033$185m0.29%Trimmed-534,79812 Feb 2026 (the filing on sec.gov)
Arrowstreet Capital LP787,977$109m0.06%Newnew13 Feb 2026 (the filing on sec.gov)
Marshall Wace LLP693,356$96m0.09%Trimmed-475,40113 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC186,600$26munder 0.1%Added+50,64117 Feb 2026 (the filing on sec.gov)
Invesco Ltd175,677$24munder 0.1%Trimmed-3,36219 Feb 2026 (the filing on sec.gov)
Neuberger Berman Group LLC120,026$17munder 0.1%Trimmed-1,71327 Oct 2026 (the filing on sec.gov)
Hudson Bay Capital Management LP114,346$16m0.05%Newnew13 Feb 2026 (the filing on sec.gov)
MFS Investment Management113,737$16munder 0.1%Added+14,35222 Jan 2026 (the filing on sec.gov)
Susquehanna International Group LLP95,565$13munder 0.1%Added+89,20117 Feb 2026 (the filing on sec.gov)
Squarepoint Ops LLC35,457$4.9munder 0.1%Added+26,61613 Feb 2026 (the filing on sec.gov)
Two Sigma Investments LP29,928$4.1munder 0.1%Trimmed-1,80017 Feb 2026 (the filing on sec.gov)
Acadian Asset Management LLC18,679$2.6munder 0.1%Trimmed-9,85410 Feb 2026 (the filing on sec.gov)
Wellington Management Group LLP15,828$2.2munder 0.1%Trimmed-1,388,26017 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP11,313$1.6munder 0.1%Trimmed-62,76917 Feb 2026 (the filing on sec.gov)
Maverick Capital Ltd11,073$1.5munder 0.1%Added+2,85113 Feb 2026 (the filing on sec.gov)
Millennium Management LLC10,579$1.5munder 0.1%Added+60717 Feb 2026 (the filing on sec.gov)
Tudor Investment Corp9,224$1.3munder 0.1%Trimmed-25,77617 Feb 2026 (the filing on sec.gov)
D. E. Shaw & Co.8,000$1.1munder 0.1%Added+3,29417 Feb 2026 (the filing on sec.gov)
Verition Fund Management LLC7,506$1.0munder 0.1%Newnew13 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc5,815$803kunder 0.1%Trimmed-42517 Feb 2026 (the filing on sec.gov)
Balyasny Asset Management LLC5,404$745kunder 0.1%Trimmed-858,22917 Feb 2026 (the filing on sec.gov)
Walleye Capital LLC1$00.00%Trimmed-20,85413 Feb 2026 (the filing on sec.gov)

Largest increases and reductions, by shares

Q3 2025 to Q4 2025, among managers that listed it in both quarters or opened it.

Increases

Reductions

New positions and exits

At least these many: a manager is shown exiting only where its own filing shows the position gone.

New (3)

Exited (3)

Ownership over time

Every quarter on file. A quarter-end value moves with the price as well as with the shares held; buyers and sellers count comparable managers, by shares.
7 in Q3 2024 to 9 in Q2 2026

Tracked managers listing it, at least.

051015202014201620182020202220242026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
NVS by quarter
QuarterHoldersReported valueBuyersSellers
Q2 201310$4.4bnn.a.n.a.
Q3 20138$4.7bnn.a.n.a.
Q4 20139$4.7bnn.a.n.a.
Q1 201410$4.9bnn.a.n.a.
Q2 20149$5.5bnn.a.n.a.
Q3 201414$5.8bnn.a.n.a.
Q4 201414$5.7bnn.a.n.a.
Q1 201513$6.2bnn.a.n.a.
Q2 201514$6.1bnn.a.n.a.
Q3 201515$5.0bnn.a.n.a.
Q4 201515$4.8bnn.a.n.a.
Q1 201615$4.1bnn.a.n.a.
Q2 201610$4.5bnn.a.n.a.
Q3 201612$4.3bnn.a.n.a.
Q4 20168$3.9bnn.a.n.a.
Q1 201712$4.5bnn.a.n.a.
Q2 201714$4.9bnn.a.n.a.
Q3 201714$4.6bnn.a.n.a.
Q4 201711$4.5bnn.a.n.a.
Q1 201817$4.5bnn.a.n.a.
Q2 201817$4.5bnn.a.n.a.
Q3 201811$5.2bnn.a.n.a.
Q4 201817$5.6bnn.a.n.a.
Q1 201914$6.4bnn.a.n.a.
Q2 201913$5.2bnn.a.n.a.
Q3 201915$4.9bnn.a.n.a.
Q4 201913$5.3bnn.a.n.a.
Q1 202015$4.2bnn.a.n.a.
Q2 202010$4.1bnn.a.n.a.
Q3 202010$3.8bnn.a.n.a.
Q4 202010$3.7bnn.a.n.a.
Q1 20219$3.1bnn.a.n.a.
Q2 202113$3.8bnn.a.n.a.
Q3 202110$3.9bnn.a.n.a.
Q4 202114$4.4bnn.a.n.a.
Q1 202214$4.4bnn.a.n.a.
Q2 202213$3.8bnn.a.n.a.
Q3 202213$3.2bnn.a.n.a.
Q4 202211$3.9bnn.a.n.a.
Q1 202315$3.5bnn.a.n.a.
Q2 202311$3.0bnn.a.n.a.
Q3 202310$2.9bnn.a.n.a.
Q4 202310$2.5bn73
Q1 20249$2.3bn72
Q2 20249$2.5bn36
Q3 20247$2.7bn35
Q4 20248$2.2bn53
Q1 20259$2.6bn55
Q2 20259$2.6bn46
Q3 20257$2.3bn16
Q4 20257$2.0bn1216
Q1 20266$1.7bn1414
Q2 20269$999m1713

Compare with…

Holders over time, buyers and sellers, and the managers holding both, side by side for up to four stocks.

NVS and LLY →NVS and JNJ →NVS and VRTX →Choose a stock to compare with NVS →

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. It shows no shorts, cash, bonds or performance, and it is never today’s portfolio. Large books are listed to their largest positions, so a manager missing from this table may still hold a small position below that line. These are 95 tracked managers, not the institutional market.

Which funds own NVS, latest filings →Back to the 13F Explorer →