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Novartis AG

NVS
Exchange
NYSE
Industry
Pharmaceutical Preparations
SEC CIK
0001114448

No open-market purchases or sales by Novartis AG insiders were filed in the last 90 days; 1,626 institutions reported holding it in 13F filings for Q2 2026, worth $21.3B in total; Maverick Capital is the only superinvestor holding it.

Other share classesNVSEF

13F holders, Q3 2025

Institutional positions in Novartis AG as of Sep 30, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
1,405
+43 vs. Q2 2025
Shares held
134.0M
+778.3K (+0.6%) vs. Q2 2025
Total value
$17.2B
+$1.07B (+6.6%) vs. Q2 2025
New holders
117
478 more added
Sold out
74
480 more reduced

25 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting NVS on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ3 2025: 1,405 institutions
Q1 2021: 1,138 institutionsQ2 2021: 1,123 institutionsQ3 2021: 1,083 institutionsQ4 2021: 1,147 institutionsQ1 2022: 1,137 institutionsQ2 2022: 1,142 institutionsQ3 2022: 1,088 institutionsQ4 2022: 1,183 institutionsQ1 2023: 1,182 institutionsQ2 2023: 1,203 institutionsQ3 2023: 1,225 institutionsQ4 2023: 1,274 institutionsQ1 2024: 1,254 institutionsQ2 2024: 1,309 institutionsQ3 2024: 1,314 institutionsQ4 2024: 1,345 institutionsQ1 2025: 1,361 institutionsQ2 2025: 1,387 institutionsQ3 2025: 1,405 institutionsQ4 2025: 1,515 institutionsQ1 2026: 1,605 institutionsQ2 2026: 1,626 institutions
Value heldQ3 2025: $17.2B
Q1 2021: $18.7BQ2 2021: $19.8BQ3 2021: $18.0BQ4 2021: $18.5BQ1 2022: $18.3BQ2 2022: $16.9BQ3 2022: $13.7BQ4 2022: $15.5BQ1 2023: $15.2BQ2 2023: $14.9BQ3 2023: $15.1BQ4 2023: $14.2BQ1 2024: $13.6BQ2 2024: $14.7BQ3 2024: $15.2BQ4 2024: $12.7BQ1 2025: $15.4BQ2 2025: $16.2BQ3 2025: $17.2BQ4 2025: $18.4BQ1 2026: $22.0BQ2 2026: $21.3B
Institutions holding NVS and their total value by quarter
QuarterHoldersValue
Q2 20261,626$21.3B
Q1 20261,605$22.0B
Q4 20251,515$18.4B
Q3 20251,405$17.2B
Q2 20251,387$16.2B
Q1 20251,361$15.4B
Q4 20241,345$12.7B
Q3 20241,314$15.2B
Q2 20241,309$14.7B
Q1 20241,254$13.6B
Q4 20231,274$14.2B
Q3 20231,225$15.1B
Q2 20231,203$14.9B
Q1 20231,182$15.2B
Q4 20221,183$15.5B
Q3 20221,088$13.7B
Q2 20221,142$16.9B
Q1 20221,137$18.3B
Q4 20211,147$18.5B
Q3 20211,083$18.0B
Q2 20211,123$19.8B
Q1 20211,138$18.7B

Institutions, Q3 2025

Shares, value and share of portfolio for each institution holding Novartis AG; share changes are against Q2 2025.

Institutions holding NVS in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Dodge & Cox10,585,145$1.36B0.73%−62,484−0.6%Reduced
Primecap Management Co9,341,854$1.20B0.92%−1,059,580−10.2%Reduced
Dimensional Fund Advisors LP8,840,686$1.13B0.24%−220,209−2.4%Reduced
Morgan Stanley7,728,873$991.2M0.06%+169,385+2.2%Added
Fisher Asset Management, LLC7,239,366$928.4M0.34%+117,952+1.7%Added
Loomis Sayles & Co L P5,664,911$726.5M0.86%+83,335+1.5%Added
Bank of America Corp4,605,878$590.7M0.04%+78,390+1.7%Added
Franklin Resources Inc4,059,319$520.6M0.13%−180,107−4.2%Reduced
Goldman Sachs Group Inc2,949,647$378.3M0.05%+407,775+16.0%Added
BlackRock, Inc.2,530,206$324.5M0.01%+209,051+9.0%Added
Northern Trust Corp2,371,389$304.1M0.04%+168,573+7.7%Added
GQG Partners LLC2,262,867$290.2M0.45%+2,200,332+3,518.6%Added
Principal Financial Group Inc2,088,540$267.8M0.14%−203,340−8.9%Reduced
Cullen Capital Management LLC2,070,377$265.5M2.90%−26,475−1.3%Reduced
Janus Henderson Group PLC2,068,726$265.3M0.12%−110,096−5.1%Reduced
Renaissance Technologies LLC1,877,831$240.8M0.32%−420,320−18.3%Reduced
Wells Fargo & Company1,829,844$234.7M0.05%−33,424−1.8%Reduced
Envestnet Asset Management Inc1,819,260$233.3M0.07%+82,369+4.7%Added
Raymond James Financial Inc1,648,174$211.4M0.07%+720,860+77.7%Added
UBS Group AG1,602,133$205.5M0.04%+245,307+18.1%Added
FMR LLC1,599,737$205.2M0.01%+58,774+3.8%Added
State Street Corp1,500,374$194.6M0.01%−97,456−6.1%Reduced
Wellington Management Group LLP1,404,088$180.1M0.03%−1,098,307−43.9%Reduced
Scharf Investments, LLC1,210,948$155.3M3.90%−51,496−4.1%Reduced
Marshall Wace, LLP1,168,757$149.9M0.16%−263,057−18.4%Reduced
Chevy Chase Trust Holdings, Inc.1,136,250$145.7M0.40%+924+0.1%Added
Bank of Montreal1,045,191$134.0M0.06%+480,201+85.0%Added
Natixis Advisors, L.P.900,018$115.4M0.17%+39,020+4.5%Added
Balyasny Asset Management LLC863,633$110.8M0.22%−13,323−1.5%Reduced
Earnest Partners LLC840,026$107.7M0.47%−10,181−1.2%Reduced
Truist Financial Corp832,614$106.8M0.14%+34,147+4.3%Added
Clark Capital Management Group, Inc.700,858$89.9M0.56%−130,112−15.7%Reduced
Harding Loevner LP629,958$80.8M0.59%+316,431+100.9%Added
Woodley Farra Manion Portfolio Management Inc606,780$77.8M3.67%+265,861+78.0%Added
Ameriprise Financial Inc584,653$75.0M0.02%−46,478−7.4%Reduced
Bristol John W & Co Inc581,723$74.6M1.18%−10,558−1.8%Reduced
American Century Companies Inc561,064$72.0M0.04%−27,297−4.6%Reduced
Royal Bank of Canada551,927$70.8M0.01%+48,128+9.6%Added
LPL Financial LLC551,535$70.7M0.02%+91,442+19.9%Added
JPMorgan Chase & Co537,543$68.9M0.00%+82,226+18.1%Added
SEI Investments Co520,091$66.7M0.07%+8,344+1.6%Added
CIBC Private Wealth Group, LLC495,791$63.6M0.11%+18,447+3.9%Added
Harvest Portfolios Group Inc.485,330$62.2M1.15%−7,238−1.5%Reduced
NewEdge Wealth, LLC486,464$61.1M0.88%+20,548+4.4%Added
CI Private Wealth, LLC458,540$58.8M0.09%+5,717+1.3%Added
First Trust Advisors LP455,003$58.3M0.04%+35,969+8.6%Added
Van Eck Associates Corp444,658$57.0M0.05%+45,173+11.3%Added
Todd Asset Management LLC439,879$56.4M1.14%+23,978+5.8%Added
Creative Planning423,818$54.4M0.04%+25,560+6.4%Added
Mirae Asset Global Investments Co., Ltd.399,158$51.2M0.16%−3,202−0.8%Reduced
TCTC Holdings, LLC391,436$50.2M1.49%−200−0.1%Reduced
Assetmark, Inc358,151$45.9M0.10%+38,243+12.0%Added
Cerity Partners LLC332,682$42.7M0.07%−6,073−1.8%Reduced
Grantham, Mayo, Van Otterloo & Co. LLC331,032$42.5M0.12%−21,663−6.1%Reduced
Saturna Capital CORP315,301$40.4M0.52%−575−0.2%Reduced
Janney Montgomery Scott LLC313,282$40.2M0.10%+2,893+0.9%Added
Bank of New York Mellon Corp312,368$40.1M0.01%−3,992−1.3%Reduced
Toroso Investments, LLC301,436$38.7M0.16%+292,595+3,309.5%Added
O'Shaughnessy Asset Management, LLC285,805$36.7M0.22%+20,820+7.9%Added
Teachers Retirement System of the State of Kentucky274,950$35.3M0.27%+21,100+8.3%Added
Cookson Peirce & Co Inc272,169$34.9M1.43%+4,634+1.7%Added
Charles Schwab Investment Management Inc260,827$33.4M0.01%+38,197+17.2%Added
Stifel Financial Corp256,752$32.9M0.03%+13,407+5.5%Added
US Bancorp254,257$32.6M0.04%+31,197+14.0%Added
HighTower Advisors, LLC253,203$32.5M0.04%+10,543+4.3%Added
Quantinno Capital Management LP252,646$32.4M0.09%+53,897+27.1%Added
Midwest Trust Co252,352$32.4M0.42%−14,541−5.4%Reduced
Brandes Investment Partners, LP247,875$31.8M0.25%+8,593+3.6%Added
Mariner, LLC234,890$30.1M0.04%+7,519+3.3%Added
Citigroup Inc231,287$29.7M0.02%+17,266+8.1%Added
Advisor Group Holdings, Inc.231,907$29.5M0.04%+50,430+27.8%Added
D.A. Davidson & Co.224,547$28.8M0.18%−106,074−32.1%Reduced
Oppenheimer Asset Management Inc.222,892$28.6M0.31%+13,370+6.4%Added
First Financial Bankshares Inc222,237$28.5M0.59%+339+0.2%Added
Martin Investment Management, LLC217,743$27.9M7.10%−1,515−0.7%Reduced
MML Investors Services, LLC216,969$27.8M0.07%+25,808+13.5%Added
The PNC Financial Services Group, Inc.212,784$27.3M0.02%+3,967+1.9%Added
Adage Capital Partners GP, L.L.C.210,188$27.0M0.04%+195,707+1,351.5%Added
Promethos Capital, LLC207,180$26.5M7.12%+9,595+4.9%Added
Integral Health Asset Management, LLC200,000$25.6M1.87%00.0%Unchanged
Managed Asset Portfolios, LLC198,702$25.5M3.15%+1,662+0.8%Added
Godsey & Gibb Associates193,262$24.8M2.19%−3,025−1.5%Reduced
Qube Research & Technologies Ltd189,467$24.3M0.03%+189,467New
Brown Advisory Inc188,953$24.2M0.03%−1,168−0.6%Reduced
Wealth Enhancement Advisory Services, LLC180,188$23.7M0.04%+33,655+23.0%Added
BNP Paribas Arbitrage, SA184,244$23.6M0.02%+182,663+11,553.6%Added
Jones Financial Companies LLLP185,573$23.1M0.02%+12,457+7.2%Added
Cetera Investment Advisers179,827$23.1M0.03%+32,566+22.1%Added
Invesco Ltd.179,039$23.0M0.00%−20,919−10.5%Reduced
Commonwealth Equity Services, LLC178,522$22.9M0.03%−20,891−10.5%Reduced
Foresight Global Investors, Inc.171,683$22.0M13.07%+6,759+4.1%Added
Grandfield & Dodd, LLC162,818$20.9M1.18%+511+0.3%Added
Kovitz Investment Group Partners, LLC161,147$20.7M0.08%+9,081+6.0%Added
Optiver Holding B.V.160,088$20.5M0.33%−355,085−68.9%Reduced
Douglas Lane & Associates, LLC156,448$20.1M0.28%−8,823−5.3%Reduced
Oak Associates, Ltd155,859$20.0M1.22%−2,021−1.3%Reduced
CIBC World Markets Inc.154,547$19.8M0.04%−4,451−2.8%Reduced
Captrust Financial Advisors154,149$19.8M0.04%+2,884+1.9%Added
M&T Bank Corp152,462$19.6M0.07%−6,216−3.9%Reduced
ProVise Management Group, LLC140,374$18.0M1.33%+3,907+2.9%Added