Sarah Ketterer - Causeway Capital Management
Period:    Q1 2026
Portfolio date:    31 Mar 2026
No. of stocks:    107
Portfolio value:    $8,146,199,181
Holdings Activity Buys Sells    History
Holding/activity history for  Novartis AG (NVS)
← All NVS superinvestors
Period Shares % of Portfolio Activity % Change to Portfolio Price Value Filing
2026   Q1 1,487 <0.01 Reduce 23.15% <0.01 $135.55–170.46 · VW $155.81i $227,167 SEC
2025   Q4 1,935 <0.01 Reduce 5.79% <0.01 $121.57–140.18 · VW $130.00i $266,788 SEC
2025   Q3 2,054 <0.01 Reduce 1.44% <0.01 $112.34–130.46 · VW $121.25i $263,395 SEC
2025   Q2 2,084 <0.01 Reduce 50.80% <0.01 $97.72–121.24 · VW $112.03i $252,196 SEC
2025   Q1 4,236 0.01 Reduce 27.79% <0.01 $96.91–116.91 · VW $108.37i $472,236 SEC
2024   Q4 5,866 0.01 Reduce 20.54% <0.01 $96.06–117.36 · VW $106.06i $570,837 SEC
2024   Q3 7,382 0.02 Reduce 96.35% 0.57 $105.72–120.92 · VW $113.70i $849,075 SEC
2024   Q2 202,335 0.59 Reduce 15.51% 0.09 $92.35–107.67 · VW $100.23i $21,540,558 SEC
2024   Q1 239,468 0.61 Add 14.53% 0.08 $95.07–108.78 · VW $101.54i $23,163,768 SEC
2023   Q4 209,089 0.54 Add 11.80% 0.06 $92.19–102.08 · VW $97.03i $21,111,748 SEC
2023   Q3 187,019 0.50 Reduce 17.08% 0.10 $93.91–105.61 · VW $101.45i $19,049,777 SEC
2023   Q2 225,548 0.60 Reduce 8.20% 0.04 $92.09–105.56 · VW $99.70i $22,760,016 SEC
2023   Q1 245,707 0.54 Add 10.27% 0.05 $79.98–93.25 · VW $88.10i $22,605,078 SEC
2022   Q4 222,832 0.59 Reduce 17.72% 0.10 $74.24–93.31 · VW $84.80i $20,215,338 SEC
2022   Q3 270,830 0.58 Reduce 13.29% 0.09 $74.09–88.03 · VW $81.61i $20,586,000 SEC
2022   Q2 312,341 0.66 Reduce 20.27% 0.17 $80.16–94.26 · VW $88.12i $26,402,000 SEC
2022   Q1 391,762 0.82 Add 2.56% 0.02 $79.09–90.99 · VW $86.31i $34,377,000 SEC
2021   Q4 381,967 0.73 Reduce 4.77% 0.04 $79.34–88.24 · VW $83.28i $33,411,000 SEC
2021   Q3 401,116 0.74 Reduce 6.06% 0.05 $81.74–95.17 · VW $89.93i $32,803,000 SEC
2021   Q2 426,982 0.80 Add 7.46% 0.06 $85.17–94.77 · VW $88.41i $38,958,000 SEC
2021   Q1 397,358 0.67 Add 30.03% 0.15 $82.29–98.52 · VW $88.91i $33,966,000 SEC
2020   Q4 305,578 0.55 Reduce 3.00% 0.02 $77.04–95.04 · VW $86.95i $28,856,000 SEC
2020   Q3 315,018 0.52 Reduce 3.42% 0.02 $81.56–92.27 · VW $86.14i $27,394,000 SEC
2020   Q2 326,186 0.52 Reduce 0.17% <0.01 $80.42–91.44 · VW $86.24i $28,489,000 SEC
2020   Q1 326,734 0.44 Add 11.17% 0.04 $69.18–99.84 · VW $85.90i $26,939,000 SEC
2019   Q4 293,899 0.30 Add 13.98% 0.04 $83.97–95.66 · VW $89.86i $27,829,000 SEC
2019   Q3 257,850 0.27 Reduce 7.03% 0.02 $85.36–95.00 · VW $89.81i $22,407,000 SEC
2019   Q2 277,339 0.28 Reduce 12.10% 0.03 $74.97–93.65 · VW $84.22i $25,324,000 SEC
2019   Q1 315,527 0.28 Reduce 3.44% 0.01 $74.96–86.30 · VW $80.82i $27,182,000 SEC
2018   Q4 326,751 0.31 Reduce 34.96% 0.15 $73.20–82.79 · VW $78.31i $25,124,000 SEC
2018   Q3 502,347 0.42 Reduce 2.56% 0.01 $66.32–77.74 · VW $74.00i $38,783,000 SEC
2018   Q2 515,550 0.39 Add 12.38% 0.04 $64.78–73.85 · VW $68.37i $34,897,000 SEC
2018   Q1 458,762 0.40 Add 21.71% 0.07 $70.38–84.40 · VW $76.24i $33,236,000 SEC
2017   Q4 376,920 0.34 Add 8.77% 0.03 $72.22–77.84 · VW $75.16i $28,357,000 SEC
2017   Q3 346,534 0.34 Reduce 15.85% 0.07 $72.97–77.56 · VW $75.75i $26,658,000 SEC
2017   Q2 411,811 0.43 Add 9.13% 0.04 $65.12–77.87 · VW $71.59i $30,801,000 SEC
2017   Q1 377,374 0.38 Add 6.33% 0.02 $62.30–70.37 · VW $66.60i $25,114,000 SEC
2016   Q4 354,908 0.40 Reduce 1.01% <0.01 $59.97–71.05 · VW $64.14i $22,560,000 SEC
2016   Q3 358,524 0.47 Add 0.60% <0.01 $69.59–74.89 · VW $72.24i $25,367,000 SEC
2016   Q2 356,396 0.57 Add 0.94% <0.01 $62.63–74.00 · VW $69.18i $26,350,000 SEC
2016   Q1 353,060 0.56 Add 12.30% 0.06 $63.30–77.29 · VW $67.47i $24,034,000 SEC
2015   Q4 314,388 0.51 Add 7.25% 0.03 $74.96–85.22 · VW $79.15i $24,238,000 SEC
2015   Q3 293,135 0.49 Add 10.96% 0.05 $79.65–95.73 · VW $88.08i $24,144,000 SEC
2015   Q2 264,173 0.59 Add 6.32% 0.04 $87.68–94.82 · VW $91.09i $23,278,000 SEC
2015   Q1 248,480 0.58 Reduce 33.79% 0.31 $81.52–92.74 · VW $88.29i $21,956,000 SEC
2014   Q4 375,286 0.91 Add 0.63% <0.01 $75.42–86.89 · VW $82.93i $31,160,000 SEC
2014   Q3 372,935 1.10 Add 4.15% 0.04 $75.65–85.57 · VW $81.40i $31,456,000 SEC
2014   Q2 358,071 1.15 Reduce 1.98% 0.03 $73.72–81.62 · VW $78.81i $27,895,000 SEC
2014   Q1 365,315 1.27 Add 16.19% 0.18 $69.80–76.37 · VW $73.14i $27,831,000 SEC
2013   Q4 314,423 1.30 Add 292.43% 0.97 $65.21–72.18 · VW $69.83i $22,646,000 SEC
2013   Q3 80,122 0.45 Add 21.87% 0.08 $62.70–69.09 · VW $66.00i $5,507,000 SEC
2013   Q2 65,742 0.45 Add 21.50% 0.08 $60.64–67.86 · VW $64.61i $4,165,000 SEC
2013   Q1 54,108 0.43 Add 4.60% 0.02 $56.91–64.18 · VW $61.19i $3,454,000 SEC
2012   Q4 51,728 0.39 Add 69.49% 0.16 $52.51–57.71 · VW $55.41i $2,934,000 SEC
2012   Q3 30,520 0.43 Reduce 13.45% 0.05 $49.37–55.46 · VW $52.51i $1,675,000 SEC
2012   Q2 35,264 0.39 Reduce 3.19% 0.01 $45.88–50.66 · VW $48.65i $1,749,000 SEC
2012   Q1 36,425 0.40 Reduce 18.22% 0.17 $47.68–52.35 · VW $49.59i $1,809,000 SEC
2011   Q4 44,538 0.92 Buy 0.92 $46.24–52.86 · VW $49.80i $2,282,000 SEC
2009   Q3 0 0.00 Sell 100.00% 2.82 $34.92–45.25 · VW $41.30i SEC
2009   Q2 50,381 2.82 Add 159.46% 1.74 $31.54–38.03 · VW $34.96i $1,841,000 SEC
2009   Q1 19,418 1.12 Buy 1.12 $29.87–46.04 · VW $35.53i $658,000 SEC
2008   Q4 0 0.00 Sell 100.00% 2.77 $37.46–48.71 · VW $43.39i SEC
2008   Q3 65,409 2.77 Reduce 47.08% 1.68 $46.23–54.93 · VW $50.40i $3,097,000 SEC
2008   Q2 123,599 3.58 Reduce 33.67% 0.93 $41.39–49.70 · VW $46.22i $6,096,000 SEC
2008   Q1 186,347 2.77 Buy 2.77 $41.79–53.02 · VW $45.81i $8,542,000 SEC
2007   Q2 0 0.00 Sell 100.00% 2.28 $48.63–53.00 · VW $50.50i SEC
2007   Q1 115,785 2.28 Buy 2.28 $48.68–54.09 · VW $51.04i $5,668,000 SEC
2006   Q4 0 0.00 Sell 100.00% 2.71 $51.04–55.20 · VW $52.75i SEC
2006   Q3 116,691 2.71 Buy 2.71 $47.69–52.85 · VW $50.74i $6,111,000 SEC
2006   Q1 0 0.00 Sell 100.00% 2.65 $47.03–50.99 · VW $48.97i SEC
2005   Q4 70,531 2.65 $47.03 $3,317,000 SEC
Price snapshot:
Current price$153.37
Avg. buy price$84.16
+/- since buy82.24%
52-week low$109.02
52-week high$165.43