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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: 1,745 institutionsQ2 2024: 1,866 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 20241,866$47.9B
Q1 20241,745$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
Bartlett & Co. Wealth Management LLC103,881$10.7M0.17%+607+0.6%Added
Bartlett & Co. LLC103,881$10.7M0.17%+607+0.6%Added
Wetherby Asset Management Inc104,332$10.8M0.56%+230+0.2%Added
Tocqueville Asset Management L.P.104,698$10.8M0.20%+102,128+3,973.9%Added
Aquatic Capital Management LLC105,000$10.9M0.28%+105,000New
Manufacturers Life Insurance Company, The105,198$10.9M0.01%+6,767+6.9%Added
CWM, LLC105,834$10.9M0.06%−4,352−3.9%Reduced
Hardman Johnston Global Advisors LLC106,546$11.0M0.35%+66,330+164.9%Added
Lynch Asset Management, Inc.106,800$11.0M6.33%00.0%Unchanged
Brown Advisory Inc106,940$11.1M0.02%−920−0.9%Reduced
Wealth Enhancement Advisory Services, LLC107,691$11.1M0.03%+9,868+10.1%Added
Cresset Asset Management, LLC107,892$11.2M0.07%−4,366−3.9%Reduced
Prime Capital Investment Advisors, LLC108,626$11.2M0.17%+93,307+609.1%Added
Victory Capital Management Inc110,211$11.4M0.01%−64,508−36.9%Reduced
Navellier & Associates Inc112,347$11.6M1.74%+7,236+6.9%Added
Cullen/Frost Bankers, Inc.114,514$11.8M0.19%+380.0%Added
Coronation Fund Managers Ltd.115,294$11.9M0.33%+19,910+20.9%Added
Borer Denton & Associates, Inc.116,222$12.0M4.60%−300−0.3%Reduced
Quantinno Capital Management LP116,424$12.0M0.42%−4,985−4.1%Reduced
JW Asset Management, LLC118,200$12.2M6.98%00.0%Unchanged
Cabot Wealth Management Inc120,192$12.4M1.73%+568+0.5%Added
TD Waterhouse Canada Inc.95,663$12.5M0.12%+25,109+35.6%Added
Optiver Holding B.V.122,785$12.7M0.38%+122,785New
Silvercrest Asset Management Group LLC123,040$12.7M0.09%+17,733+16.8%Added
Jarislowsky, Fraser Ltd123,732$12.8M0.08%−9,550−7.2%Reduced
Bleakley Financial Group, LLC123,871$12.8M0.41%+2,769+2.3%Added
Euro Pacific Asset Management, LLC125,371$12.9M2.76%−2,099−1.6%Reduced
Eagle Global Advisors LLC125,715$13.0M0.79%−240−0.2%Reduced
Sawtooth Solutions, LLC126,153$13.1M0.36%+2,760+2.2%Added
Shikiar Asset Management Inc127,040$13.1M4.07%+18,921+17.5%Added
Franchise Capital Ltd127,638$13.2M3.31%+60,582+90.3%Added
M&T Bank Corp133,648$13.8M0.05%−1,320−1.0%Reduced
Lido Advisors, LLC135,350$14.0M0.14%+10,490+8.4%Added
Envestnet Portfolio Solutions, Inc.135,875$14.1M0.06%−4,757−3.4%Reduced
Headinvest, LLC136,611$14.1M2.94%−2,407−1.7%Reduced
Cetera Advisor Networks LLC137,415$14.2M0.08%+8,822+6.9%Added
Two Sigma Advisers, LP137,800$14.3M0.03%+14,100+11.4%Added
SG Americas Securities, LLC138,089$14.3M0.16%+138,089New
Walleye Capital LLC138,616$14.3M0.20%−54,179−28.1%Reduced
Oppenheimer & Co Inc140,068$14.5M0.27%+16,110+13.0%Added
Deutsche Bank AG144,143$14.9M0.01%+6,755+4.9%Added
Captrust Financial Advisors144,879$15.0M0.05%+34,278+31.0%Added
Birch Capital Management, LLC145,721$15.1M8.65%−1,625−1.1%Reduced
Hikari Power Ltd146,050$15.1M1.44%−22,350−13.3%Reduced
Parkwood LLC146,828$15.2M2.43%−22,186−13.1%Reduced
Generate Investment Management Ltd147,754$15.3M1.32%+147,754New
Segment Wealth Management, LLC149,243$15.4M1.36%+2,768+1.9%Added
Northstar Asset Management Inc153,344$15.9M4.58%−639−0.4%Reduced
Russell Investments Group, Ltd.153,968$15.9M0.03%−20,488−11.7%Reduced
Mogy Joel R Investment Counsel Inc154,684$16.0M1.21%+46,500+43.0%Added
Kornitzer Capital Management Inc155,218$16.1M0.31%+1,146+0.7%Added
Pathstone Holdings, LLC155,059$16.1M0.09%+155,059New
Steward Partners Investment Advisory, LLC155,397$16.1M0.22%+18,842+13.8%Added
Guardian Capital Advisors LP151,533$16.1M1.68%−15,614−9.3%Reduced
Beese Fulmer Investment Management, Inc.163,771$16.9M1.75%+484+0.3%Added
Ethic Inc.166,373$17.2M0.51%+7,556+4.8%Added
Cambridge Investment Research Advisors, Inc.166,432$17.2M0.07%+24,479+17.2%Added
Marietta Investment Partners LLC169,024$17.5M4.35%+14,982+9.7%Added
Atwater Malick LLC170,278$17.6M6.90%−2,314−1.3%Reduced
Hutchinson Capital Management174,856$18.1M3.94%−137−0.1%Reduced
Hantz Financial Services, Inc.176,062$18.2M0.40%+70,259+66.4%Added
GuoLine Advisory Pte Ltd177,600$18.4M2.91%+177,600New
National Bank of Canada180,496$18.5M0.03%−5,484−2.9%Reduced
Atria Investments LLC178,444$18.5M0.29%+6,027+3.5%Added
Ziegler Capital Management, LLC180,293$18.6M0.85%+1,022+0.6%Added
Walter Public Investments Inc.181,288$18.8M3.94%+13,500+8.0%Added
Group One Trading, L.P.183,109$18.9M0.60%+112,999+161.2%Added
Mirae Asset Global Investments Co., Ltd.188,241$19.5M0.04%−2,364−1.2%Reduced
Susquehanna International Group, LLP189,015$19.6M0.03%+92,442+95.7%Added
Motley Fool Wealth Management, LLC192,468$19.9M1.04%−2,372−1.2%Reduced
Dividend Assets Capital, LLC196,179$20.3M3.99%−11,443−5.5%Reduced
Hodges Capital Management Inc.198,742$20.6M1.10%+121,828+158.4%Added
Oak Grove Capital LLC199,676$20.7M6.59%+19,190+10.6%Added
Mercer Global Advisors Inc202,806$21.0M0.06%+12,430+6.5%Added
Scotia Capital Inc.205,524$21.3M0.14%+71,720+53.6%Added
Carnegie Capital Asset Management, LLC206,352$21.3M0.73%+6,040+3.0%Added
Fiduciary Trust Co209,624$21.7M0.36%−1,480−0.7%Reduced
Clifford Swan Investment Counsel LLC210,276$21.8M0.85%−1,791−0.8%Reduced
O'Shaughnessy Asset Management, LLC211,321$21.9M0.29%+8,553+4.2%Added
Guardian Capital LP211,458$21.9M0.78%−3,153−1.5%Reduced
Tudor Investment Corp Et Al212,506$22.0M0.30%+51,499+32.0%Added
MayTech Global Investments, LLC216,655$22.4M4.53%+506+0.2%Added
Ci Investments Inc.216,873$22.4M0.12%−54,984−20.2%Reduced
Creative Planning217,323$22.5M0.04%+27,776+14.7%Added
Traynor Capital Management, Inc.217,682$22.5M2.60%+21,356+10.9%Added
QRG Capital Management, Inc.227,175$23.5M0.35%+29,587+15.0%Added
Standard Life Aberdeen plc227,632$23.5M0.05%+227,632New
McGowan Group Asset Management, Inc.228,324$23.6M3.79%−2,474−1.1%Reduced
Marshall Wace, LLP233,879$24.2M0.05%+233,879New
Palisade Capital Management LLC236,420$24.5M0.65%−5,436−2.2%Reduced
Commonwealth Equity Services, LLC236,577$24.5M0.04%+40,524+20.7%Added
Federated Hermes, Inc.238,828$24.7M0.06%−5,988−2.4%Reduced
South Street Advisors LLC239,827$24.8M4.64%−943−0.4%Reduced
Trillium Asset Management, LLC243,843$25.2M0.69%−5,423−2.2%Reduced
Meritage Portfolio Management249,059$25.8M1.70%+16,159+6.9%Added
Segall Bryant & Hamill, LLC249,719$25.8M0.50%−364,070−59.3%Reduced
JLB & Associates Inc251,239$26.0M3.74%−18,791−7.0%Reduced
Charter Trust Co254,568$26.3M1.96%−40,694−13.8%Reduced
Cubist Systematic Strategies, LLC255,082$26.4M0.33%+255,082New
Glenmede Trust Co NA258,064$26.7M0.14%+665+0.3%Added