Novartis Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of NVSE.F?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	2,183,431	0.119%
Private Companies	89,793,920	4.91%
Institutions	718,438,962	39.2%
General Public	1,020,133,008	55.7%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 29.73% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
6.44%	UBS Asset Management AG	117,908,921	US$17.5b	0.46%	1.13%
4.9%	Sandoz Family Office SA	89,787,150	US$13.3b	0%	89.54%
3.4%	Vanguard Capital Management, LLC	62,299,244	US$9.3b	0.6%	0.15%
2.52%	Norges Bank Investment Management	46,193,000	US$6.9b	0%	0.39%
0.99%	Dodge & Cox	18,191,953	US$2.7b	-14.3%	0.71%
0.98%	GQG Partners LLC	17,893,795	US$2.7b	-3.95%	1.98%
0.96%	Geode Capital Management, LLC	17,635,163	US$2.6b	0.01%	0.12%
0.93%	Vanguard Fiduciary Trust Company	16,984,666	US$2.5b	0.53%	0.31%
0.8%	Fisher Asset Management, LLC	14,714,910	US$2.2b	77.4%	0.66%
0.75%	Massachusetts Financial Services Company	13,779,080	US$2.0b	22.2%	0.45%
0.73%	Artisan Partners Limited Partnership	13,350,540	US$2.0b	-13.6%	1.31%
0.71%	Deutsche Asset & Wealth Management	13,046,756	US$1.9b	0%	0.4%
0.58%	Dimensional Fund Advisors LP	10,683,730	US$1.6b	0.17%	0.18%
0.55%	JP Morgan Asset Management	10,056,007	US$1.5b	1.25%	0.13%
0.51%	State Street Global Advisors, Inc.	9,323,218	US$1.4b	-0.55%	0.04%
0.5%	Amundi Asset Management SAS	9,215,276	US$1.4b	0.11%	0.18%
0.48%	Vanguard Asset Management, Limited	8,793,180	US$1.3b	1.4%	0.44%
0.48%	Fidelity International Ltd	8,715,648	US$1.3b	0.04%	0.41%
0.41%	PRIMECAP Management Company	7,567,354	US$1.1b	-0.16%	0.64%
0.4%	Charles Schwab Investment Management, Inc.	7,403,361	US$1.1b	2.61%	0.13%
0.38%	Goldman Sachs Asset Management, L.P.	6,873,103	US$1.0b	-0.17%	0.17%
0.33%	Deka Investment GmbH	6,042,444	US$898.3m	0%	0.61%
0.32%	Wellington Management Group LLP	5,928,599	US$881.3m	-0.13%	0.13%
0.32%	Loomis Sayles & Company, L.P.	5,926,618	US$881.0m	0%	1.04%
0.32%	Assenagon Asset Management S.A.	5,908,165	US$878.3m	0%	0.98%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/06/22 08:47
End of Day Share Price	2026/06/22 00:00
Earnings	2026/03/31
Annual Earnings	2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Novartis AG is covered by 55 analysts. 21 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
John Eade	Argus Research Company
Odile Rundquist	Baader Helvea Equity Research
Gerhard Schwarz	Baader Helvea Equity Research