NOVARTIS A G

CUSIP: 66987v109 Class: COM

Holders for Q4 2025 Position Changes for Q4 2025

Note: Option positions (PUT/CALL) are excluded.

New Positions (3)

MITCHELL CAPITAL MANAGEMENT CO
Value ($000) $207 Shares 1,498
Azimuth Capital Investment Management LLC
Value ($000) $220 Shares 1,598
BOWEN HANES & CO INC
Value ($000) $0 Shares 2,800

Increased Positions (1)

Mengis Capital Management, Inc.
Value ($000) $9,754 (+18.8%) Shares 70,748 (+10.5%)

Decreased Positions (6)

Ativo Capital Management LLC
Value ($000) $1,743 (+1.1%) Shares 12,644 (-6.0%)
Tweedy, Browne Co LLC
Value ($000) $10,327 (+5.9%) Shares 74,905 (-1.5%)
CARRET ASSET MANAGEMENT, LLC
Value ($000) $5,489 (+6.3%) Shares 39,815 (-1.1%)
DF DENT & CO INC
Value ($000) $459 (-36.8%) Shares 3,331 (-41.2%)
BAHL & GAYNOR INC
Value ($000) $11,879 (+5.9%) Shares 86,162 (-1.5%)
SVB WEALTH LLC
Value ($000) $470 (+4.4%) Shares 3,410 (-2.8%)

Exited Positions (4)

ZEVIN ASSET MANAGEMENT LLC
Value ($000) $11 Shares 87,207
NICHOLS & PRATT ADVISERS LLP /MA
Value ($000) $2,210 Shares 17,237
Sageworth Trust Co
Value ($000) $424 Shares 3,310
ABNER HERRMAN & BROCK LLC
Value ($000) $0 Shares 3,000