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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 2023

Institutional positions in Novo Nordisk A S as of Dec 31, 2023. 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
1,512
+232 vs. Q3 2023
Shares held
309.0M
+10.4M (+3.5%) vs. Q3 2023
Total value
$32.2B
+$4.91B (+18.0%) vs. Q3 2023
New holders
291
580 more added
Sold out
59
444 more reduced

28 institutions that held it in Q3 2023 haven't filed for Q4 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2023: 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 2023: 1,512 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 2023: $32.2B
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 2023

Shares, value and share of portfolio for each institution holding Novo Nordisk A S; share changes are against Q3 2023.

Institutions holding NVO in Q4 2023
InstitutionSharesValue% of portfolioChange in sharesAction
Jennison Associates LLC22,527,772$2.33B1.74%−891,633−3.8%Reduced
Fisher Asset Management, LLC14,129,598$1.46B0.77%−618,485−4.2%Reduced
Renaissance Technologies LLC13,849,335$1.43B2.22%−2,380,141−14.7%Reduced
Fayez Sarofim & Co11,814,051$1.43B4.38%+210,087+1.8%Added
Bank of America Corp12,975,409$1.34B0.15%+194,104+1.5%Added
FMR LLC12,663,225$1.31B0.10%+585,724+4.8%Added
Morgan Stanley10,614,811$1.10B0.10%+1,399,713+15.2%Added
Loomis Sayles & Co L P9,003,325$931.4M1.43%−94,483−1.0%Reduced
Folketrygdfondet8,631,264$892.9M18.17%+225,822+2.7%Added
Polen Capital Management LLC7,958,444$823.3M2.02%+52,189+0.7%Added
Price T Rowe Associates Inc7,766,186$803.4M0.11%−464,729−5.6%Reduced
BlackRock Inc.7,297,919$755.0M0.02%−754,387−9.4%Reduced
Capital International Investors7,114,931$736.1M0.17%+1,297,536+22.3%Added
State Street Corp6,564,893$679.1M0.03%−114,767−1.7%Reduced
Everett Harris & Co6,512,789$673.7M9.64%−26,413−0.4%Reduced
State Farm Mutual Automobile Insurance Co6,142,778$635.5M0.61%−612,876−9.1%Reduced
JPMorgan Chase & Co4,741,824$490.5M0.05%+2,678,732+129.8%Added
Goldman Sachs Group Inc4,627,335$478.7M0.11%+345,332+8.1%Added
WCM Investment Management, LLC4,220,198$436.7M1.21%−2,308,713−35.4%Reduced
Envestnet Asset Management Inc4,213,978$435.9M0.18%−338,503−7.4%Reduced
Sustainable Growth Advisers, LP4,005,277$414.3M1.89%+3,778,100+1,663.1%Added
Capital World Investors3,971,417$410.8M0.07%+5,059+0.1%Added
Wells Fargo & Company3,799,249$393.0M0.11%+122,484+3.3%Added
Royal Bank of Canada3,774,719$390.5M0.10%+131,658+3.6%Added
Northern Trust Corp3,535,877$365.8M0.07%−49,530−1.4%Reduced
Nuveen Asset Management, LLC3,147,075$325.6M0.10%−41,389−1.3%Reduced
Natixis Advisors, L.P.3,052,406$315.8M0.83%+55,333+1.8%Added
Raymond James & Associates2,799,682$289.6M0.22%+129,140+4.8%Added
Clearbridge Investments, LLC2,314,261$239.4M0.21%+89,152+4.0%Added
1832 Asset Management L.P.2,201,026$227.7M0.43%+269,158+13.9%Added
Markel Group Inc.SuperinvestorMarkel Group2,150,000$222.4M2.42%00.0%Unchanged
Saturna Capital CORP2,126,774$220.0M3.43%−2,250−0.1%Reduced
Dimensional Fund Advisors LP1,774,799$183.6M0.05%−3,535−0.2%Reduced
Stifel Financial Corp1,625,127$168.1M0.21%+99,677+6.5%Added
Janus Henderson Group PLC1,569,564$162.4M0.10%+263,279+20.2%Added
Soros Fund Management LLCSuperinvestorSoros Fund Management1,554,830$160.8M3.05%+29,000+1.9%Added
Amundi1,491,238$159.5M0.07%+1,359,388+1,031.0%Added
Lazard Asset Management LLC1,459,194$151.0M0.19%−35,020−2.3%Reduced
Thrivent Financial for Lutherans1,403,393$145.2M0.32%+359,798+34.5%Added
Bank of Montreal1,340,508$139.0M0.08%−55,181−4.0%Reduced
Tiger Global Management LLCSuperinvestorTiger Global Management1,269,000$131.3M0.93%00.0%Unchanged
American Century Companies Inc1,266,458$131.0M0.09%+168,126+15.3%Added
Artisan Partners Limited Partnership1,252,460$129.6M0.20%−317,082−20.2%Reduced
CI Private Wealth, LLC1,248,215$129.1M0.24%+411,907+49.3%Added
Ameriprise Financial Inc1,062,238$110.1M0.03%−8,888−0.8%Reduced
Millennium Management LLC982,414$101.6M0.10%+624,805+174.7%Added
TD Asset Management Inc968,499$100.2M0.10%+44,150+4.8%Added
LPL Financial LLC937,171$97.0M0.06%+176,325+23.2%Added
Thornburg Investment Management Inc858,210$88.8M1.28%−39,691−4.4%Reduced
Baird Financial Group, Inc.853,279$88.3M0.20%+55,024+6.9%Added
Saratoga Research & Investment Management827,594$85.6M3.95%−62,571−7.0%Reduced
Adage Capital Partners GP, L.L.C.814,392$84.2M0.17%−544,212−40.1%Reduced
SEI Investments Co807,438$83.5M0.13%+28,723+3.7%Added
Bank of New York Mellon Corp801,877$83.0M0.02%−61,721−7.1%Reduced
Invesco Ltd.756,506$78.3M0.02%+181,839+31.6%Added
Artia Global Partners LP721,507$74.6M29.53%+39,695+5.8%Added
The PNC Financial Services Group, Inc.647,614$67.0M0.05%+22,669+3.6%Added
Sapient Capital LLC631,609$65.3M1.69%+631,609New
Clark Capital Management Group, Inc.617,653$63.9M0.52%+22,995+3.9%Added
Davenport & Co LLC604,774$62.4M0.43%+1,917+0.3%Added
Arrowstreet Capital, Limited Partnership601,007$62.2M0.07%−682,356−53.2%Reduced
Truist Financial Corp597,059$61.8M0.10%+9,450+1.6%Added
Holocene Advisors, LP596,996$61.8M0.24%+596,996New
Citigroup Inc576,744$59.7M0.08%+5,475+1.0%Added
Jane Street Group, LLC558,964$57.8M0.07%−392,494−41.3%Reduced
Harel Insurance Investments & Financial Services Ltd.557,654$57.7M1.01%+550+0.1%Added
UBS Group AG552,167$57.1M0.02%−75,223−12.0%Reduced
Franklin Resources Inc545,118$56.4M0.03%−2,320−0.4%Reduced
United Capital Financial Advisers, LLC542,511$56.1M0.47%−419,077−43.6%Reduced
Advisor Group Holdings, Inc.538,108$55.7M0.10%−106,767−16.6%Reduced
Citadel Advisors LLC535,407$55.4M0.06%+207,041+63.1%Added
Capital Fund Management S.A.525,451$54.4M0.69%+310,478+144.4%Added
Rockefeller Capital Management L.P.519,187$53.7M0.18%+3,457+0.7%Added
Capital Group Private Client Services, Inc.508,346$52.6M0.54%+64,594+14.6%Added
Nichols & Pratt Advisers LLP502,600$52.0M3.70%−6,460−1.3%Reduced
Raymond James Financial Services Advisors, Inc.489,510$50.6M0.08%+129,739+36.1%Added
HighTower Advisors, LLC488,323$50.4M0.08%+50,144+11.4%Added
Vantage Investment Partners, LLC483,110$50.0M4.98%+175,378+57.0%Added
GQG Partners LLC481,480$49.8M0.11%+75,344+18.6%Added
Main Street Research LLC466,846$48.3M3.88%−8,516−1.8%Reduced
Reynders McVeigh Capital Management, LLC449,106$46.5M2.94%−40,118−8.2%Reduced
Meitav Dash Investments Ltd449,302$46.5M0.68%+39,954+9.8%Added
Moran Wealth Management, LLC448,072$46.4M1.65%−2,524−0.6%Reduced
Assetmark, Inc430,511$44.5M0.16%−1,734−0.4%Reduced
Modera Wealth Management, LLC423,460$43.8M0.72%−16,185−3.7%Reduced
US Bancorp405,670$42.0M0.06%+11,729+3.0%Added
Balyasny Asset Management LLC403,673$41.8M0.12%+403,673New
Oppenheimer Asset Management Inc.402,056$41.6M0.58%+6,808+1.7%Added
Armistice Capital, LLC396,000$41.0M1.09%−40,000−9.2%Reduced
Cerity Partners LLC377,032$39.0M0.13%+157,788+72.0%Added
Qube Research & Technologies Ltd357,770$37.0M0.08%−236,554−39.8%Reduced
Connor, Clark & Lunn Investment Management Ltd.353,769$36.6M0.17%+281,333+388.4%Added
CIBC World Markets Inc.350,450$36.3M0.10%−11,070−3.1%Reduced
TownSquare Capital, LLC342,200$35.4M0.61%−17,552−4.9%Reduced
Beacon Investment Advisory Services, Inc.333,020$34.5M1.57%−6,816−2.0%Reduced
Northwestern Mutual Wealth Management Co331,875$34.3M0.04%+143,908+76.6%Added
Van Eck Associates Corp324,737$33.6M0.06%+51,451+18.8%Added
Calamos Advisors LLC323,754$33.5M0.17%−8,584−2.6%Reduced
Brinker Capital Investments, LLC310,087$33.0M0.38%+95,176+44.3%Added
Orion Portfolio Solutions, LLC310,087$33.0M0.38%+95,176+44.3%Added