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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, Q4 2025

Institutional positions in Novartis AG as of Dec 31, 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
1,515
+142 vs. Q3 2025
Shares held
133.3M
−416.3K (−0.3%) vs. Q3 2025
Total value
$18.4B
+$1.23B (+7.2%) vs. Q3 2025
New holders
209
496 more added
Sold out
67
478 more reduced

32 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 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 holdersQ4 2025: 1,515 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 heldQ4 2025: $18.4B
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, Q4 2025

Shares, value and share of portfolio for each institution holding Novartis AG; share changes are against Q3 2025.

Institutions holding NVS in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Dodge & Cox9,014,641$1.24B0.67%−1,570,504−14.8%Reduced
Morgan Stanley8,876,906$1.22B0.07%+1,148,033+14.9%Added
Dimensional Fund Advisors LP8,524,394$1.18B0.25%−316,292−3.6%Reduced
Primecap Management Co7,579,274$1.04B0.79%−1,762,580−18.9%Reduced
Fisher Asset Management, LLC7,465,850$1.03B0.35%+226,484+3.1%Added
Loomis Sayles & Co L P5,534,215$763.0M0.92%−130,696−2.3%Reduced
Bank of America Corp4,549,016$627.2M0.05%−56,862−1.2%Reduced
Franklin Resources Inc4,479,307$617.6M0.15%+419,988+10.3%Added
GQG Partners LLC3,158,122$435.4M0.72%+895,255+39.6%Added
BlackRock, Inc.2,808,091$387.2M0.01%+277,885+11.0%Added
Goldman Sachs Group Inc2,745,444$378.5M0.05%−204,203−6.9%Reduced
Northern Trust Corp2,351,181$324.2M0.04%−20,208−0.9%Reduced
Janus Henderson Group PLC2,234,418$308.1M0.14%+165,692+8.0%Added
Cullen Capital Management LLC2,080,796$286.9M3.13%+10,419+0.5%Added
Raymond James Financial Inc1,845,605$254.5M0.08%+197,431+12.0%Added
Wells Fargo & Company1,842,043$254.0M0.05%+12,199+0.7%Added
Principal Financial Group Inc1,809,158$249.4M0.13%−279,382−13.4%Reduced
Envestnet Asset Management Inc1,782,198$245.7M0.07%−37,062−2.0%Reduced
FMR LLC1,662,296$229.2M0.01%+62,559+3.9%Added
State Street Corp1,450,061$202.1M0.01%−50,313−3.4%Reduced
UBS Group AG1,361,274$187.7M0.04%−240,859−15.0%Reduced
Renaissance Technologies LLC1,343,033$185.2M0.29%−534,798−28.5%Reduced
Chevy Chase Trust Holdings, Inc.1,061,372$146.3M0.40%−74,878−6.6%Reduced
Bank of Montreal984,599$135.7M0.06%−60,592−5.8%Reduced
Scharf Investments, LLC962,900$132.8M3.57%−248,048−20.5%Reduced
Van Eck Associates Corp960,657$132.4M0.11%+515,999+116.0%Added
Earnest Partners LLC921,396$127.0M0.54%+81,370+9.7%Added
Truist Financial Corp887,296$122.3M0.16%+54,682+6.6%Added
Natixis Advisors, L.P.838,382$115.6M0.16%−61,636−6.8%Reduced
Arrowstreet Capital, Limited Partnership787,977$108.6M0.06%+787,977New
Marshall Wace, LLP693,356$95.6M0.09%−475,401−40.7%Reduced
Connor, Clark & Lunn Investment Management Ltd.651,144$89.8M0.24%+609,022+1,445.9%Added
American Century Companies Inc618,268$85.2M0.04%+57,204+10.2%Added
LPL Financial LLC607,748$83.8M0.02%+56,213+10.2%Added
Harding Loevner LP603,387$83.2M0.73%−26,571−4.2%Reduced
Woodley Farra Manion Portfolio Management Inc601,912$83.0M3.95%−4,868−0.8%Reduced
JPMorgan Chase & Co592,652$81.7M0.01%+55,109+10.3%Added
Royal Bank of Canada577,922$79.7M0.01%+25,995+4.7%Added
Bristol John W & Co Inc569,718$78.5M1.21%−12,005−2.1%Reduced
Ameriprise Financial Inc569,722$78.5M0.02%−14,931−2.6%Reduced
SEI Investments Co565,012$77.9M0.08%+44,921+8.6%Added
CIBC World Markets Inc.528,563$72.9M0.13%+374,016+242.0%Added
CIBC Private Wealth Group, LLC517,027$71.3M0.12%+21,236+4.3%Added
NewEdge Wealth, LLC505,339$69.7M0.79%+18,875+3.9%Added
Harvest Portfolios Group Inc.492,014$67.8M1.18%+6,684+1.4%Added
CI Private Wealth, LLC479,904$66.2M0.09%+21,364+4.7%Added
Clark Capital Management Group, Inc.445,689$61.4M0.38%−255,169−36.4%Reduced
Creative Planning438,963$60.5M0.04%+15,145+3.6%Added
Todd Asset Management LLC434,246$59.9M1.17%−5,633−1.3%Reduced
Assetmark, Inc406,231$56.0M0.11%+48,080+13.4%Added
TCTC Holdings, LLC394,089$54.3M1.62%+2,653+0.7%Added
First Trust Advisors LP371,761$51.3M0.04%−83,242−18.3%Reduced
Lord, Abbett & Co. LLC366,160$50.5M0.15%+366,160New
Defilade Capital Management, L.P.362,816$50.0M6.78%+362,816New
Mirae Asset Global Investments Co., Ltd.342,536$47.2M0.13%−56,622−14.2%Reduced
Janney Montgomery Scott LLC319,855$44.1M0.10%+6,573+2.1%Added
Bank of New York Mellon Corp318,126$43.9M0.01%+5,758+1.8%Added
Saturna Capital CORP312,662$43.1M0.57%−2,639−0.8%Reduced
Quantinno Capital Management LP301,191$41.5M0.08%+48,545+19.2%Added
O'Shaughnessy Asset Management, LLC300,078$41.4M0.23%+14,273+5.0%Added
Grantham, Mayo, Van Otterloo & Co. LLC299,175$41.2M0.11%−31,857−9.6%Reduced
Cerity Partners LLC294,770$40.6M0.06%−37,912−11.4%Reduced
Charles Schwab Investment Management Inc290,480$40.0M0.01%+29,653+11.4%Added
Teachers Retirement System of the State of Kentucky274,950$37.9M0.28%00.0%Unchanged
Stifel Financial Corp272,382$37.6M0.03%+15,630+6.1%Added
Cookson Peirce & Co Inc268,943$37.1M1.54%−3,226−1.2%Reduced
US Bancorp267,269$36.8M0.04%+13,012+5.1%Added
Brandes Investment Partners, LP262,797$36.2M0.28%+14,922+6.0%Added
Old Mission Capital LLC254,991$35.2M1.36%+254,991New
HighTower Advisors, LLC251,375$34.7M0.04%−1,828−0.7%Reduced
Integral Health Asset Management, LLC250,000$34.5M1.75%+50,000+25.0%Added
Midwest Trust Co249,741$34.4M0.43%−2,611−1.0%Reduced
MML Investors Services, LLC242,771$33.5M0.08%+25,802+11.9%Added
Mariner, LLC236,476$32.6M0.04%+1,586+0.7%Added
Toroso Investments, LLC226,256$31.2M0.13%−75,180−24.9%Reduced
First Financial Bankshares Inc224,783$31.0M0.62%+2,546+1.1%Added
Oppenheimer Asset Management Inc.220,181$30.4M0.37%−2,711−1.2%Reduced
D.A. Davidson & Co.219,714$30.3M0.19%−4,833−2.2%Reduced
Martin Investment Management, LLC211,504$29.2M8.16%−6,239−2.9%Reduced
The PNC Financial Services Group, Inc.210,204$29.0M0.02%−2,580−1.2%Reduced
Colony Group, LLC208,560$28.7M0.03%+152,616+272.8%Added
Promethos Capital, LLC224,804$28.6M7.78%+17,624+8.5%Added
Managed Asset Portfolios, LLC198,636$27.4M3.31%−660.0%Reduced
Jones Financial Companies LLLP196,282$27.1M0.02%+10,709+5.8%Added
Wealth Enhancement Advisory Services, LLC186,406$26.6M0.04%+6,218+3.5%Added
Godsey & Gibb Associates191,084$26.3M2.37%−2,178−1.1%Reduced
Brown Advisory Inc188,406$26.0M0.04%−547−0.3%Reduced
AQR Capital Management LLC186,600$25.7M0.01%+50,641+37.2%Added
New York State Common Retirement Fund185,366$25.6M0.03%+79,068+74.4%Added
Cetera Investment Advisers178,949$24.7M0.03%−878−0.5%Reduced
Abc Arbitrage SA176,749$24.4M2.28%+176,749New
Invesco Ltd.175,677$24.2M0.00%−3,362−1.9%Reduced
Mercer Global Advisors Inc156,158$24.1M0.04%+19,787+14.5%Added
Foresight Global Investors, Inc.172,083$23.7M11.17%+400+0.2%Added
Commonwealth Equity Services, LLC168,386$23.2M0.03%−10,136−5.7%Reduced
Advisor Group Holdings, Inc.166,724$23.0M0.03%−65,183−28.1%Reduced
Capital Wealth Planning, LLC163,545$22.7M0.15%+44,640+37.5%Added
Captrust Financial Advisors161,252$22.2M0.04%+7,103+4.6%Added
HRT Financial LP157,661$21.7M0.07%+18,802+13.5%Added
Oak Associates, Ltd156,995$21.6M1.30%+1,136+0.7%Added