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Novo Nordisk A S

NVO
Exchange
NYSE
Industry
Pharmaceutical Preparations
SEC CIK
0000353278

No open-market purchases or sales by Novo Nordisk A S insiders were filed in the last 90 days; 1,355 institutions reported holding it in 13F filings for Q2 2026, worth $15.7B in total; superinvestors Markel Group and Maverick Capital hold it.

Other share classesNONOF

13F holders, Q4 2022

Institutional positions in Novo Nordisk A S as of Dec 31, 2022. 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
1,050
+159 vs. Q3 2022
Shares held
143.3M
+5.92M (+4.3%) vs. Q3 2022
Total value
$19.4B
+$5.67B (+41.4%) vs. Q3 2022
New holders
208
296 more added
Sold out
49
353 more reduced

17 institutions that held it in Q3 2022 haven't filed for Q4 2022 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2022: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting NVO 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 2022: 1,050 institutions
Q1 2021: 708 institutionsQ2 2021: 737 institutionsQ3 2021: 806 institutionsQ4 2021: 887 institutionsQ1 2022: 902 institutionsQ2 2022: 934 institutionsQ3 2022: 908 institutionsQ4 2022: 1,050 institutionsQ1 2023: 1,148 institutionsQ2 2023: 1,198 institutionsQ3 2023: 1,308 institutionsQ4 2023: 1,512 institutionsQ1 2024: 1,746 institutionsQ2 2024: 1,867 institutionsQ3 2024: 1,787 institutionsQ4 2024: 1,670 institutionsQ1 2025: 1,535 institutionsQ2 2025: 1,486 institutionsQ3 2025: 1,401 institutionsQ4 2025: 1,421 institutionsQ1 2026: 1,278 institutionsQ2 2026: 1,355 institutions
Value heldQ4 2022: $19.4B
Q1 2021: $8.87BQ2 2021: $11.0BQ3 2021: $12.7BQ4 2021: $14.7BQ1 2022: $15.2BQ2 2022: $16.4BQ3 2022: $13.8BQ4 2022: $19.4BQ1 2023: $22.1BQ2 2023: $23.2BQ3 2023: $27.4BQ4 2023: $32.2BQ1 2024: $41.8BQ2 2024: $47.9BQ3 2024: $39.7BQ4 2024: $29.1BQ1 2025: $22.5BQ2 2025: $21.3BQ3 2025: $16.7BQ4 2025: $16.0BQ1 2026: $12.0BQ2 2026: $15.7B
Institutions holding NVO and their total value by quarter
QuarterHoldersValue
Q2 20261,355$15.7B
Q1 20261,278$12.0B
Q4 20251,421$16.0B
Q3 20251,401$16.7B
Q2 20251,486$21.3B
Q1 20251,535$22.5B
Q4 20241,670$29.1B
Q3 20241,787$39.7B
Q2 20241,867$47.9B
Q1 20241,746$41.8B
Q4 20231,512$32.2B
Q3 20231,308$27.4B
Q2 20231,198$23.2B
Q1 20231,148$22.1B
Q4 20221,050$19.4B
Q3 2022908$13.8B
Q2 2022934$16.4B
Q1 2022902$15.2B
Q4 2021887$14.7B
Q3 2021806$12.7B
Q2 2021737$11.0B
Q1 2021708$8.87B

Institutions, Q4 2022

Shares, value and share of portfolio for each institution holding Novo Nordisk A S; share changes are against Q3 2022.

Institutions holding NVO in Q4 2022
InstitutionSharesValue% of portfolioChange in sharesAction
Massachusetts Financial Services Co37,926$5.13M0.00%−7,793−17.0%Reduced
Wendell David Associates Inc37,719$5.11M0.63%00.0%Unchanged
Brookmont Capital Management37,149$5.03M3.09%−1,158−3.0%Reduced
Trexquant Investment LP37,057$5.02M0.14%−56,642−60.5%Reduced
Voya Investment Management LLC36,860$4.99M0.01%+7,535+25.7%Added
Moody Lynn & Lieberson, LLC36,490$4.94M0.45%+36,490New
William Blair Investment Management, LLC36,463$4.93M0.02%+757+2.1%Added
Bradley Foster & Sargent Inc36,407$4.93M0.12%00.0%Unchanged
Vestmark Advisory Solutions, Inc.35,700$4.83M0.24%−122−0.3%Reduced
TD Waterhouse Canada Inc.33,692$4.80M0.05%−646−1.9%Reduced
Captrust Financial Advisors35,468$4.80M0.02%+3,497+10.9%Added
Advisor Partners II, LLC35,443$4.80M0.30%+5,012+16.5%Added
JustInvest LLC35,331$4.78M0.20%+4,317+13.9%Added
Canada Pension Plan Investment Board35,100$4.75M0.01%+35,100New
Hayek Kallen Investment Management34,926$4.73M2.18%−600−1.7%Reduced
Baker Tilly Wealth Management, LLC34,916$4.73M0.58%+2,820+8.8%Added
Synovus Financial Corp34,911$4.72M0.05%−3,085−8.1%Reduced
Cardinal Capital Management34,843$4.72M1.00%−532−1.5%Reduced
Triasima Portfolio Management inc.34,594$4.68M0.36%−2,449−6.6%Reduced
EagleClaw Capital Managment, LLC34,225$4.63M1.12%−150−0.4%Reduced
Kavar Capital Partners Group, LLC33,824$4.58M1.05%−430−1.3%Reduced
Mirabella Financial Services LLP33,708$4.56M0.41%+33,708New
Altrafin AG33,689$4.56M2.67%+746+2.3%Added
Greenleaf Trust33,090$4.48M0.06%−78−0.2%Reduced
Meitav Dash Investments Ltd33,049$4.46M0.08%−17,250−34.3%Reduced
Stephens Inc32,438$4.39M0.09%−638−1.9%Reduced
Balentine LLC32,402$4.39M0.15%+5,794+21.8%Added
Wealth Advisory Solutions, LLC31,802$4.30M1.16%−34−0.1%Reduced
Hodges Capital Management Inc.31,547$4.27M0.37%+29,047+1,161.9%Added
Princeton Capital Management LLC31,498$4.26M1.89%−4,017−11.3%Reduced
Signaturefd, LLC31,471$4.26M0.12%+1,516+5.1%Added
Next Century Growth Investors LLC31,101$4.21M0.51%−376−1.2%Reduced
FDx Advisors, Inc.30,734$4.16M0.18%−3,889−11.2%Reduced
Karani Asset Management LLC30,672$4.15M4.84%−11,850−27.9%Reduced
Intrinsic Edge Capital Management LLC30,000$4.06M0.44%+30,000New
South State Corp.29,972$4.06M0.38%−1,644−5.2%Reduced
Hardman Johnston Global Advisors LLC29,848$4.04M0.16%00.0%Unchanged
Veriti Management LLC29,660$4.01M0.53%+1,540+5.5%Added
Independent Advisor Alliance29,560$4.00M0.49%−5,073−14.6%Reduced
Eukles Asset Management29,376$3.98M2.32%+204+0.7%Added
Yousif Capital Management, LLC29,127$3.94M0.05%00.0%Unchanged
DRW Securities, LLC29,078$3.94M0.80%+29,078New
Susquehanna Fundamental Investments, LLC29,062$3.93M0.07%−11,828−28.9%Reduced
Toronto Dominion Bank28,766$3.90M0.01%−1,958−6.4%Reduced
Guardcap Asset Management Ltd28,715$3.89M0.06%−2,849−9.0%Reduced
Mount Yale Investment Advisors, LLC28,703$3.88M0.44%+240+0.8%Added
Boston Family Office LLC28,688$3.88M0.32%00.0%Unchanged
Keybank National Association28,646$3.88M0.02%+1,135+4.1%Added
BNP Paribas Arbitrage, SA28,497$3.86M0.01%−56,592−66.5%Reduced
Aperture Investors, LLC28,366$3.84M0.63%−11,025−28.0%Reduced
Snowden Capital Advisors LLC28,296$3.83M0.16%+1,370+5.1%Added
Integrated Wealth Concepts LLC28,154$3.81M0.10%+337+1.2%Added
Castellan Group, LLC28,025$3.79M2.64%−305−1.1%Reduced
HSBC Holdings PLC28,045$3.79M0.00%−10,155−26.6%Reduced
Auxano Advisors, LLC27,796$3.76M1.70%+77+0.3%Added
Baldwin Brothers Inc27,250$3.69M0.33%+24,531+902.2%Added
Souders Financial Advisors27,228$3.69M0.84%+104+0.4%Added
Wilson & Boucher Capital Management, LLC27,005$3.65M3.75%+25+0.1%Added
Calamos Wealth Management LLC26,971$3.65M0.28%−833−3.0%Reduced
CIBC Asset Management Inc26,879$3.64M0.02%−2,184−7.5%Reduced
Hudson Bay Capital Management LP26,523$3.59M0.04%−3,477−11.6%Reduced
LRT Capital Management, LLC26,326$3.56M2.06%+2,399+10.0%Added
Heirloom Wealth Management26,326$3.56M2.22%+26,326New
Bleakley Financial Group, LLC25,866$3.50M0.13%+25,866New
Raymond James Trust N.A.25,763$3.49M0.12%−143−0.6%Reduced
Boston Financial Mangement LLC25,289$3.42M0.14%−224−0.9%Reduced
Roundview Capital LLC25,103$3.40M0.39%+497+2.0%Added
Benedict Financial Advisors Inc24,642$3.34M0.99%−355−1.4%Reduced
Arjuna Capital23,784$3.22M1.48%−615−2.5%Reduced
KCS Wealth Advisory23,426$3.17M1.32%−3,435−12.8%Reduced
Umb Bank N A23,385$3.17M0.05%−410−1.7%Reduced
Prospera Financial Services Inc23,304$3.15M0.16%+883+3.9%Added
Pinnacle Associates Ltd22,397$3.03M0.07%+850+3.9%Added
Private Advisor Group, LLC41,903$3.02M0.15%+1,243+3.1%Added
Norman Fields, Gottscho Capital Management, LLC22,286$3.02M1.39%00.0%Unchanged
Capital Research Global Investors22,126$2.99M0.00%+22,126New
National Asset Management, Inc.21,907$2.96M0.08%−2,390−9.8%Reduced
ICW Investment Advisors LLC21,780$2.95M1.77%−335−1.5%Reduced
Core Wealth Partners LLC12,267$2.92M3.62%+12,267New
Clean Yield Group21,371$2.89M1.24%−395−1.8%Reduced
Pathstone Family Office, LLC27,361$2.89M0.06%+896+3.4%Added
Qtron Investments LLC21,301$2.88M0.61%+801+3.9%Added
Cetera Investment Advisers21,295$2.88M0.03%+7,145+50.5%Added
Level Four Advisory Services, LLC21,141$2.86M0.21%−789−3.6%Reduced
Guggenheim Capital LLC21,110$2.86M0.03%−1,492−6.6%Reduced
Colony Group LLC21,099$2.86M0.04%+5,509+35.3%Added
DGS Capital Management, LLC20,987$2.84M1.86%−299−1.4%Reduced
Geneva Partners, LLC20,851$2.82M2.67%+10,045+93.0%Added
Capital Insight Partners, LLC20,745$2.81M0.73%+171+0.8%Added
Brown, Lisle/Cummings, Inc.20,725$2.80M1.51%00.0%Unchanged
Kayne Anderson Rudnick Investment Management LLC20,659$2.80M0.01%+3,737+22.1%Added
Freestone Capital Holdings, LLC20,486$2.77M0.13%−10,910−34.7%Reduced
Capital International Ltd20,416$2.76M0.19%+3,864+23.3%Added
Arlington Partners LLC19,986$2.70M0.43%00.0%Unchanged
Donaldson Capital Management, LLC19,825$2.68M0.13%+224+1.1%Added
Stiles Financial Services Inc19,781$2.68M1.53%−653−3.2%Reduced
Neuberger Berman Group LLC19,765$2.67M0.00%−90.0%Reduced
Crossmark Global Holdings, Inc.19,514$2.64M0.07%−177−0.9%Reduced
Prio Wealth Limited Partnership19,428$2.63M0.11%−318−1.6%Reduced
Bayesian Capital Management, LP19,358$2.62M0.38%+12,400+178.2%Added