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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 2024

Institutional positions in Novo Nordisk A S as of Dec 31, 2024. 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
1,670
−79 vs. Q3 2024
Shares held
338.1M
+7.92M (+2.4%) vs. Q3 2024
Total value
$29.1B
−$9.97B (−25.5%) vs. Q3 2024
New holders
211
602 more added
Sold out
290
642 more reduced

38 institutions that held it in Q3 2024 haven't filed for Q4 2024 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2024: 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 2024: 1,670 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 2024: $29.1B
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 2024

Shares, value and share of portfolio for each institution holding Novo Nordisk A S; share changes are against Q3 2024.

Institutions holding NVO in Q4 2024
InstitutionSharesValue% of portfolioChange in sharesAction
Mogy Joel R Investment Counsel Inc161,298$13.9M0.82%−39,202−19.6%Reduced
Walleye Capital LLC162,087$13.9M0.13%−89,839−35.7%Reduced
Atwater Malick LLC162,228$14.0M4.68%−4,604−2.8%Reduced
Beese Fulmer Investment Management, Inc.164,868$14.2M1.21%+1,260+0.8%Added
Federated Hermes, Inc.165,448$14.2M0.03%−32,765−16.5%Reduced
South Street Advisors LLC167,161$14.4M2.20%−19,370−10.4%Reduced
AXA S.A.168,195$14.5M0.04%+61,040+57.0%Added
Ethic Inc.171,622$14.8M0.30%+3,805+2.3%Added
Lido Advisors, LLC173,403$14.9M0.09%+654+0.4%Added
Hutchinson Capital Management175,651$15.1M2.85%+563+0.3%Added
Hantz Financial Services, Inc.184,879$15.9M0.28%+2,104+1.2%Added
Cambridge Investment Research Advisors, Inc.187,671$16.1M0.05%−58,297−23.7%Reduced
Clifford Swan Investment Counsel LLC190,500$16.4M0.59%−3,263−1.7%Reduced
Mercer Global Advisors Inc194,018$16.7M0.04%−27,011−12.2%Reduced
Janney Montgomery Scott LLC195,184$16.8M0.05%−69,383−26.2%Reduced
Destination Wealth Management196,143$16.9M0.53%+37,245+23.4%Added
Ci Investments Inc.196,435$16.9M0.06%+182,973+1,359.2%Added
Palisade Capital Management LLC197,296$17.0M0.45%−4,046−2.0%Reduced
Fiduciary Trust Co197,566$17.0M0.22%−1,113−0.6%Reduced
Carnegie Capital Asset Management, LLC198,545$17.1M0.49%−14,949−7.0%Reduced
Walter Public Investments Inc.199,057$17.1M3.06%+30,912+18.4%Added
Meritage Portfolio Management199,087$17.1M1.06%−4,706−2.3%Reduced
Artia Global Partners LP200,000$17.2M6.94%−541,743−73.0%Reduced
Alta Capital Management LLC204,229$17.6M1.05%−602−0.3%Reduced
Group One Trading, L.P.206,816$17.8M0.60%+119,453+136.7%Added
Alyeska Investment Group, L.P.209,866$18.1M0.07%−608,019−74.3%Reduced
Tri Locum Partners LP209,984$18.1M3.74%+142,727+212.2%Added
Guardian Capital LP211,452$18.2M0.68%+2,386+1.1%Added
Cim, LLC211,823$18.2M2.60%−8,593−3.9%Reduced
Quantinno Capital Management LP211,866$18.2M0.18%+9,885+4.9%Added
JLB & Associates Inc214,365$18.4M2.50%+1,216+0.6%Added
Dividend Assets Capital, LLC214,615$18.5M3.58%+6,395+3.1%Added
Charles Schwab Investment Management Inc225,914$19.4M0.00%+21,331+10.4%Added
Osterweis Capital Management Inc–$19.6M0.91%–New
Trillium Asset Management, LLC232,166$20.0M0.52%−4,231−1.8%Reduced
Trexquant Investment LP232,246$20.0M0.23%+62,267+36.6%Added
Advisor Group Holdings, Inc.240,664$20.7M0.05%−65,914−21.5%Reduced
Cetera Investment Advisers250,482$21.5M0.05%−36,846−12.8%Reduced
QRG Capital Management, Inc.251,836$21.7M0.22%+2,032+0.8%Added
Standard Life Aberdeen plc260,169$22.3M0.04%+27,784+12.0%Added
Parkwood LLC261,595$22.5M2.77%−2,385−0.9%Reduced
Vontobel Holding Ltd.263,202$22.6M0.08%+251,064+2,068.4%Added
MML Investors Services, LLC274,230$23.6M0.08%+4,983+1.9%Added
Pathstone Holdings, LLC274,901$23.6M0.10%−15,328−5.3%Reduced
Wealth Enhancement Advisory Services, LLC280,813$24.2M0.05%−8,625−3.0%Reduced
Neuberger Berman Group LLC282,083$24.3M0.02%−1,396−0.5%Reduced
Martin Investment Management, LLC282,163$24.3M6.66%−10,256−3.5%Reduced
Susquehanna International Group, LLP285,708$24.6M0.04%−603,994−67.9%Reduced
Scotia Capital Inc.285,791$24.6M0.13%+5,833+2.1%Added
Dillon & Associates Inc287,476$24.7M3.43%+4,059+1.4%Added
O'Shaughnessy Asset Management, LLC289,561$24.9M0.21%−3,388−1.2%Reduced
Cutter & CO Brokerage, Inc.290,101$25.0M6.09%+8,306+2.9%Added
Capital Group Private Client Services, Inc.293,664$25.3M0.23%−25,972−8.1%Reduced
HSBC Holdings PLC298,474$25.6M0.02%+167,685+128.2%Added
Glenmede Trust Co NA297,592$25.6M0.13%+2,162+0.7%Added
Brinker Capital Investments, LLC297,996$25.6M0.26%+28,331+10.5%Added
Orion Portfolio Solutions, LLC297,996$25.6M0.26%+28,331+10.5%Added
Beacon Investment Advisory Services, Inc.302,233$26.0M1.13%+641+0.2%Added
Sanctuary Advisors, LLC304,856$26.0M0.16%+11,967+4.1%Added
Creative Planning308,622$26.5M0.03%+13,823+4.7%Added
Penbrook Management LLC312,400$26.9M18.33%−1000.0%Reduced
Clark Capital Management Group, Inc.315,892$27.2M0.19%−205,426−39.4%Reduced
Traynor Capital Management, Inc.320,162$27.5M2.13%+14,758+4.8%Added
GWM Advisors LLC334,968$28.8M0.17%+12,813+4.0%Added
US Bancorp334,977$28.8M0.04%−31,858−8.7%Reduced
GuoLine Advisory Pte Ltd346,500$29.8M3.08%+58,900+20.5%Added
Invesco Ltd.349,208$30.0M0.01%−171,244−32.9%Reduced
Millennium Management LLC355,215$30.6M0.03%−354,249−49.9%Reduced
TownSquare Capital, LLC359,989$31.0M0.35%−18,784−5.0%Reduced
United Capital Financial Advisers, LLC360,205$31.0M0.26%−60,672−14.4%Reduced
Modera Wealth Management, LLC362,514$31.2M0.38%−6,261−1.7%Reduced
Mariner, LLC363,313$31.3M0.05%+16,634+4.8%Added
Moran Wealth Management, LLC372,693$32.1M1.02%−56,942−13.3%Reduced
Northwestern Mutual Wealth Management Co376,456$32.4M0.03%−61,777−14.1%Reduced
MayTech Global Investments, LLC377,752$32.5M3.83%+123,200+48.4%Added
M&T Bank Corp379,658$32.7M0.11%−10,691−2.7%Reduced
Optiver Holding B.V.393,069$33.8M1.09%+382,119+3,489.7%Added
Oppenheimer Asset Management Inc.401,020$34.5M0.42%+7,786+2.0%Added
Colony Group, LLC408,683$35.2M0.09%−93,263−18.6%Reduced
Commonwealth Equity Services, LLC408,836$35.2M0.05%−20,497−4.8%Reduced
Assetmark, Inc449,130$38.6M0.10%+7,248+1.6%Added
Van Eck Associates Corp462,985$39.8M0.05%−29,482−6.0%Reduced
Ensign Peak Advisors, Inc469,351$40.4M0.07%−314,386−40.1%Reduced
Nichols & Pratt Advisers LLP477,879$41.1M2.74%−10,331−2.1%Reduced
HighTower Advisors, LLC478,244$41.1M0.06%−1,529−0.3%Reduced
Janus Henderson Group PLC496,088$42.7M0.02%−396,339−44.4%Reduced
Franklin Resources Inc497,081$42.8M0.01%−378,761−43.2%Reduced
Rockefeller Capital Management L.P.497,667$42.9M0.11%+13,081+2.7%Added
Old Mission Capital LLC503,079$43.3M1.01%+503,079New
The PNC Financial Services Group, Inc.540,047$46.5M0.03%−21,491−3.8%Reduced
Truist Financial Corp563,234$48.4M0.08%−12,561−2.2%Reduced
First Trust Advisors LP579,653$49.9M0.04%+518,361+845.7%Added
Vantage Investment Partners, LLC580,417$49.9M4.35%+151,620+35.4%Added
BNP Paribas Arbitrage, SA580,524$49.9M0.04%+282,541+94.8%Added
Parnassus Investments593,722$51.1M0.11%+593,722New
TD Asset Management Inc598,638$51.5M0.05%−421,759−41.3%Reduced
Citadel Advisors LLC631,057$54.3M0.05%+219,416+53.3%Added
SEI Investments Co640,449$55.1M0.07%−21,303−3.2%Reduced
Hudson Bay Capital Management LP642,000$55.2M0.33%+522,774+438.5%Added
Russell Investments Group, Ltd.650,663$56.0M0.08%+291,524+81.2%Added