Who owns NVS
Which tracked institutional funds hold NVS, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See NVS company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-02). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
215 tracked funds added or opened NVS while 198 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
NVS’s largest tracked holder by dollar value, Fisher Asset Management, LLC, sizes it at 0.7% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 0.6pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in NVS divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 1549 tracked filers holding NVS, 633 increased or opened the position and 736 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in NVS between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 33
- Jupiter Topco LLC$348M
- Holocene Advisors, LP$163M
- FARALLON CAPITAL MANAGEMENT, L.L.C.$57M
- AGF MANAGEMENT LTD$56M
- TriCert Investment Counsel Inc.$35M
- Nuveen, LLC$20M
Full exits 86
- JANUS HENDERSON GROUP PLC$348M
- NATIXIS ADVISORS, LLC$342M
- LORD, ABBETT & CO. LLC$127M
- Janney Montgomery Scott LLC$48M
- TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY$41M
- HighTower Advisors, LLC$40M
Largest adds
- Fisher Asset Management, LLC$312M
- BlackRock, Inc.$109M
- MILLENNIUM MANAGEMENT LLC$92M
- JPMORGAN CHASE & CO$86M
- WCM INVESTMENT MANAGEMENT, LLC$80M
- FMR LLC$65M
Largest trims
- DODGE & COX$945M
- GOLDMAN SACHS GROUP INC$530M
- STATE STREET CORP$208M
- PRIMECAP MANAGEMENT CO/CA/$123M
- UBS Group AG$88M
- CITADEL ADVISORS LLC$76M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| Fisher Asset Management, LLC added | 15,523,378 | $2.4B | 13.7% | 2026-Q2 |
| MORGAN STANLEY added | 8,726,827 | $1.4B | 7.7% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP added | 8,117,586 | $1.3B | 7.2% | 2026-Q2 |
| PRIMECAP MANAGEMENT CO/CA/ trimmed | 6,592,124 | $1.0B | 5.8% | 2026-Q2 |
| LOOMIS SAYLES & CO L P trimmed | 5,239,309 | $821M | 4.6% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 4,909,938 | $769M | 4.3% | 2026-Q2 |
| FRANKLIN RESOURCES INC trimmed | 3,251,281 | $510M | 2.9% | 2026-Q2 |
| BlackRock, Inc. added | 3,047,988 | $478M | 2.7% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC trimmed | 2,980,168 | $467M | 2.6% | 2026-Q2 |
| NORTHERN TRUST CORP added | 2,792,745 | $438M | 2.5% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 2,330,979 | $365M | 2.1% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 2,264,447 | $357M | 2.0% | 2026-Q2 |
| Jupiter Topco LLC new | 2,221,362 | $348M | 2.0% | 2026-Q2 |
| GQG Partners LLC trimmed | 2,151,131 | $337M | 1.9% | 2026-Q2 |
| FMR LLC added | 2,057,404 | $322M | 1.8% | 2026-Q2 |
| Cullen Capital Management, LLC trimmed | 2,033,040 | $319M | 1.8% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP added | 1,974,043 | $307M | 1.7% | 2026-Q2 |
| WCM INVESTMENT MANAGEMENT, LLC added | 1,904,349 | $300M | 1.7% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN trimmed | 1,828,817 | $287M | 1.6% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC trimmed | 1,801,337 | $282M | 1.6% | 2026-Q2 |
| PRINCIPAL FINANCIAL GROUP INC added | 1,565,796 | $245M | 1.4% | 2026-Q2 |
| UBS Group AG trimmed | 1,184,422 | $186M | 1.0% | 2026-Q2 |
| Holocene Advisors, LP new | 1,037,332 | $163M | 0.9% | 2026-Q2 |
| Chevy Chase Trust Holdings, LLC trimmed | 1,033,709 | $162M | 0.9% | 2026-Q2 |
| TRUIST FINANCIAL CORP added | 968,701 | $152M | 0.9% | 2026-Q2 |
| EARNEST PARTNERS LLC added | 886,634 | $139M | 0.8% | 2026-Q2 |
| RENAISSANCE TECHNOLOGIES LLC trimmed | 788,033 | $124M | 0.7% | 2026-Q2 |
| DODGE & COX trimmed | 759,373 | $119M | 0.7% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC added | 758,029 | $119M | 0.7% | 2026-Q2 |
| Connor, Clark & Lunn Investment Management Ltd. added | 740,532 | $116M | 0.7% | 2026-Q2 |
| AMERICAN CENTURY COMPANIES INC added | 707,061 | $111M | 0.6% | 2026-Q2 |
| LPL Financial LLC added | 666,272 | $104M | 0.6% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 638,682 | $100M | 0.6% | 2026-Q2 |
| VAN ECK ASSOCIATES CORP trimmed | 633,523 | $99M | 0.6% | 2026-Q2 |
| SEI INVESTMENTS CO trimmed | 591,566 | $93M | 0.5% | 2026-Q2 |
| NewEdge Wealth, LLC added | 579,486 | $91M | 0.5% | 2026-Q2 |
| Harding Loevner LP trimmed | 578,234 | $90M | 0.5% | 2026-Q2 |
| BRISTOL JOHN W & CO INC /NY/ trimmed | 557,777 | $87M | 0.5% | 2026-Q2 |
| Creative Planning added | 546,659 | $86M | 0.5% | 2026-Q2 |
| CIBC Bancorp USA Inc. trimmed | 524,073 | $82M | 0.5% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC trimmed | 508,398 | $80M | 0.4% | 2026-Q2 |
| Harvest Portfolios Group Inc. added | 457,045 | $72M | 0.4% | 2026-Q2 |
| Corient Private Wealth LP added | 447,726 | $70M | 0.4% | 2026-Q2 |
| ASSETMARK, INC added | 442,978 | $69M | 0.4% | 2026-Q2 |
| TCTC Holdings, LLC added | 393,932 | $62M | 0.3% | 2026-Q2 |
| Quantinno Capital Management LP added | 386,332 | $61M | 0.3% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 384,386 | $60M | 0.3% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS added | 379,597 | $59M | 0.3% | 2026-Q2 |
| FARALLON CAPITAL MANAGEMENT, L.L.C. new | 363,000 | $57M | 0.3% | 2026-Q2 |
| AGF MANAGEMENT LTD new | 360,354 | $56M | 0.3% | 2026-Q2 |
| FIRST TRUST ADVISORS LP trimmed | 353,224 | $55M | 0.3% | 2026-Q2 |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC added | 335,528 | $53M | 0.3% | 2026-Q2 |
| Cerity Partners LLC added | 334,595 | $52M | 0.3% | 2026-Q2 |
| STIFEL FINANCIAL CORP added | 330,309 | $52M | 0.3% | 2026-Q2 |
| MARSHALL WACE, LLP added | 330,061 | $52M | 0.3% | 2026-Q2 |
| Bank of New York Mellon Corp added | 328,948 | $52M | 0.3% | 2026-Q2 |
| CITADEL ADVISORS LLC trimmed | 320,808 | $50M | 0.3% | 2026-Q2 |
| TODD ASSET MANAGEMENT LLC trimmed | 317,429 | $50M | 0.3% | 2026-Q2 |
| SATURNA CAPITAL CORP added | 311,392 | $49M | 0.3% | 2026-Q2 |
| Scharf Investments, LLC trimmed | 310,818 | $49M | 0.3% | 2026-Q2 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ added | 293,443 | $46M | 0.3% | 2026-Q2 |
| COOKSON PEIRCE & CO INC added | 283,840 | $44M | 0.3% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC added | 281,210 | $44M | 0.2% | 2026-Q2 |
| CITIGROUP INC trimmed | 265,626 | $42M | 0.2% | 2026-Q2 |
| US BANCORP \DE\ trimmed | 262,178 | $41M | 0.2% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 255,770 | $40M | 0.2% | 2026-Q2 |
| Grantham, Mayo, Van Otterloo & Co. LLC trimmed | 245,957 | $39M | 0.2% | 2026-Q2 |
| ADAGE CAPITAL PARTNERS GP, L.L.C. trimmed | 245,557 | $38M | 0.2% | 2026-Q2 |
| Quadrature Capital Ltd added | 240,579 | $38M | 0.2% | 2026-Q2 |
| Midwest Trust Co trimmed | 239,181 | $37M | 0.2% | 2026-Q2 |
| Focus Partners Wealth trimmed | 235,657 | $37M | 0.2% | 2026-Q2 |
| First Financial Bankshares Inc added | 234,315 | $37M | 0.2% | 2026-Q2 |
| Promethos Capital, LLC added | 233,303 | $37M | 0.2% | 2026-Q2 |
| Mariner, LLC trimmed | 231,391 | $36M | 0.2% | 2026-Q2 |
| TriCert Investment Counsel Inc. new | 226,301 | $35M | 0.2% | 2026-Q2 |
| PNC Financial Services Group, Inc. added | 222,881 | $35M | 0.2% | 2026-Q2 |
| OPPENHEIMER ASSET MANAGEMENT INC. added | 217,234 | $34M | 0.2% | 2026-Q2 |
| Cetera Investment Advisers added | 206,722 | $32M | 0.2% | 2026-Q2 |
| Integral Health Asset Management, LLC trimmed | 200,000 | $31M | 0.2% | 2026-Q2 |
| BRANDES INVESTMENT PARTNERS, LP added | 197,593 | $31M | 0.2% | 2026-Q2 |
| Mirae Asset Global Investments Co., Ltd. added | 195,986 | $31M | 0.2% | 2026-Q2 |
| BROWN ADVISORY INC trimmed | 186,086 | $29M | 0.2% | 2026-Q2 |
| Kestra Advisory Services, LLC added | 185,906 | $29M | 0.2% | 2026-Q2 |
| M&T Bank Corp added | 183,359 | $29M | 0.2% | 2026-Q2 |
| NEW YORK STATE COMMON RETIREMENT FUND added | 183,246 | $29M | 0.2% | 2026-Q2 |
| GODSEY & GIBB, INC trimmed | 183,015 | $29M | 0.2% | 2026-Q2 |
| FERGUSON WELLMAN CAPITAL MANAGEMENT, INC trimmed | 182,260 | $29M | 0.2% | 2026-Q2 |
| CAPTRUST FINANCIAL ADVISORS added | 173,384 | $27M | 0.2% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 172,539 | $27M | 0.2% | 2026-Q2 |
| MANAGED ASSET PORTFOLIOS, LLC added | 165,519 | $26M | 0.1% | 2026-Q2 |
| QRG CAPITAL MANAGEMENT, INC. added | 164,478 | $26M | 0.1% | 2026-Q2 |
| D.A. DAVIDSON & CO. trimmed | 163,017 | $26M | 0.1% | 2026-Q2 |
| MERCER GLOBAL ADVISORS INC /ADV added | 161,839 | $25M | 0.1% | 2026-Q2 |
| Martin Investment Management, LLC trimmed | 157,179 | $25M | 0.1% | 2026-Q2 |
| OAK ASSOCIATES LTD /OH/ trimmed | 155,362 | $24M | 0.1% | 2026-Q2 |
| Pathstone Holdings, LLC added | 153,797 | $24M | 0.1% | 2026-Q2 |
| LMR Partners LLP added | 153,726 | $24M | 0.1% | 2026-Q2 |
| Foresight Global Investors, Inc. trimmed | 153,693 | $24M | 0.1% | 2026-Q2 |
| GRANDFIELD & DODD, LLC trimmed | 153,436 | $24M | 0.1% | 2026-Q2 |
| Capital Wealth Planning, LLC added | 151,974 | $24M | 0.1% | 2026-Q2 |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.