Novo Nordisk A S

NVO

Exchange: NYSE
Industry: Pharmaceutical Preparations
SEC CIK: 0000353278

SEC filings (opens in a new tab)

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, Q1 2025

Institutional positions in Novo Nordisk A S as of Mar 31, 2025. 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: 1,535; −107 vs. Q4 2024
Shares held: 324.4M; −6.92M (−2.1%) vs. Q4 2024
Total value: $22.5B; −$6.01B (−21.1%) vs. Q4 2024
New holders: 140; 627 more added
Sold out: 247; 562 more reduced

28 institutions that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 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 holdersQ1 2025: 1,535 institutions

Value heldQ1 2025: $22.5B

Institutions holding NVO and their total value by quarter
Quarter	Holders	Value
Q2 2026	1,355	$15.7B
Q1 2026	1,278	$12.0B
Q4 2025	1,421	$16.0B
Q3 2025	1,401	$16.7B
Q2 2025	1,486	$21.3B
Q1 2025	1,535	$22.5B
Q4 2024	1,670	$29.1B
Q3 2024	1,787	$39.7B
Q2 2024	1,867	$47.9B
Q1 2024	1,746	$41.8B
Q4 2023	1,512	$32.2B
Q3 2023	1,308	$27.4B
Q2 2023	1,198	$23.2B
Q1 2023	1,148	$22.1B
Q4 2022	1,050	$19.4B
Q3 2022	908	$13.8B
Q2 2022	934	$16.4B
Q1 2022	902	$15.2B
Q4 2021	887	$14.7B
Q3 2021	806	$12.7B
Q2 2021	737	$11.0B
Q1 2021	708	$8.87B

Institutions, Q1 2025

Shares, value and share of portfolio for each institution holding Novo Nordisk A S; share changes are against Q4 2024.

Institutions holding NVO in Q1 2025
Institution	Shares	Value	% of portfolio	Change in shares	Action
FreeGulliver LLC	1	$69	0.00%	−151−99.3%	Reduced
Safe Harbor Fiduciary, LLC	2	$139	0.00%	00.0%	Unchanged
Proathlete Wealth Management LLC	4	$277	0.00%	+4	New
PFS Partners, LLC	4	$278	0.00%	00.0%	Unchanged
Fiduciary Advisors, Inc.	8	$556	0.00%	00.0%	Unchanged
Horizon Financial Services, LLC	8	$556	0.00%	00.0%	Unchanged
Berkshire Capital Holdings Inc	10	$694	0.00%	00.0%	Unchanged
Wealth Preservation Advisors, LLC	10	$694	0.00%	+10	New
Strategic Investment Solutions, Inc.	11	$764	0.00%	−300−96.5%	Reduced
Gould Capital, LLC	11	$764	0.00%	00.0%	Unchanged
Nova Wealth Management, Inc.	12	$833	0.00%	+12	New
Kestra Investment Management, LLC	13	$903	0.00%	−1,094−98.8%	Reduced
West Oak Capital, LLC	16	$1.10K	0.00%	+4+33.3%	Added
Winch Advisory Services, LLC	18	$1.25K	0.00%	00.0%	Unchanged
Concord Wealth Partners	19	$1.35K	0.00%	−61−76.3%	Reduced
Richard W. Paul & Associates, LLC	20	$1.39K	0.00%	−120−85.7%	Reduced
MV Capital Management, Inc.	20	$1.39K	0.00%	00.0%	Unchanged
Pacifica Partners Inc.	24	$1.61K	0.00%	+24	New
Aspect Partners, LLC	24	$1.67K	0.00%	+19+380.0%	Added
Rogco, LP	25	$1.74K	0.00%	00.0%	Unchanged
Trivant Custom Portfolio Group, LLC	27	$1.88K	0.00%	00.0%	Unchanged
CKW Financial Group	30	$2.00K	0.00%	00.0%	Unchanged
Clear Investment Research, LLC	29	$2.01K	0.00%	00.0%	Unchanged
Belmont Capital, LLC	30	$2.08K	0.00%	+30	New
NVWM, LLC	31	$2.15K	0.00%	−317−91.1%	Reduced
Mowery & Schoenfeld Wealth Management, LLC	33	$2.29K	0.00%	+33	New
Cheviot Value Management, LLC	38	$2.63K	0.00%	+38	New
St. Johns Investment Management Company, LLC	38	$2.64K	0.00%	00.0%	Unchanged
ROSS\JOHNSON & Associates LLC	38	$2.64K	0.05%	+38	New
Flaharty Asset Management, LLC	40	$2.78K	0.00%	+40	New
Robinswood Financial LLC	41	$2.85K	0.00%	−15−26.8%	Reduced
Bare Financial Services, Inc	41	$2.85K	0.00%	+41	New
Slocum, Gordon & Co LLP	44	$3.05K	0.00%	+44	New
New Millennium Group LLC	46	$3.19K	0.00%	00.0%	Unchanged
Delta Asset Management LLC	60	$4.17K	0.00%	00.0%	Unchanged
DiNuzzo Private Wealth, Inc.	60	$4.17K	0.00%	00.0%	Unchanged
HighMark Wealth Management LLC	61	$4.25K	0.00%	+5+8.9%	Added
CGC Financial Services, LLC	65	$4.51K	0.00%	00.0%	Unchanged
DecisionPoint Financial, LLC	66	$4.58K	0.00%	00.0%	Unchanged
Country Trust Bank	67	$4.65K	0.00%	+29+76.3%	Added
Hoey Investments, Inc	68	$4.72K	0.00%	−500−88.0%	Reduced
Barnes Dennig Private Wealth Management LLC	68	$4.72K	0.01%	+68	New
Cherry Tree Wealth Management, LLC	69	$4.79K	0.00%	+54+360.0%	Added
Horrell Capital Management, Inc.	75	$5.21K	0.00%	+5+7.1%	Added
Cedar Mountain Advisors, LLC	77	$5.35K	0.00%	−5−6.1%	Reduced
Retirement Wealth Solutions LLC	78	$5.42K	0.00%	00.0%	Unchanged
West Branch Capital LLC	78	$5.42K	0.00%	00.0%	Unchanged
Hopwood Financial Services, Inc.	78	$5.42K	0.00%	00.0%	Unchanged
Western Pacific Wealth Management, LP	80	$5.55K	0.01%	00.0%	Unchanged
Iron Horse Wealth Management, LLC	80	$5.55K	0.00%	+10+14.3%	Added
Riverview Trust Co	84	$5.83K	0.01%	00.0%	Unchanged
Inlight Wealth Management, LLC	90	$6.25K	0.00%	+90	New
HHM Wealth Advisors, LLC	92	$6.39K	0.00%	+2+2.2%	Added
True Wealth Design, LLC	95	$6.59K	0.00%	−55−36.7%	Reduced
JDM Financial Group LLC	95	$6.60K	0.00%	00.0%	Unchanged
Beaird Harris Wealth Management, LLC	100	$6.93K	0.00%	−61−37.9%	Reduced
Quest 10 Wealth Builders, Inc.	100	$6.94K	0.01%	−82−45.1%	Reduced
Gold Investment Management Ltd.	100	$6.94K	0.00%	00.0%	Unchanged
Game Plan Financial Advisors, LLC	100	$6.94K	0.00%	00.0%	Unchanged
Archer Investment Corp	102	$7.06K	0.00%	00.0%	Unchanged
Wolff Wiese Magana LLC	104	$7.22K	0.00%	−2,950−96.6%	Reduced
First United Bank Trust	105	$7.29K	0.00%	00.0%	Unchanged
ESL Trust Services, LLC	107	$7.43K	0.00%	00.0%	Unchanged
Legacy Wealth Managment, LLC	109	$7.57K	0.01%	00.0%	Unchanged
Mark Sheptoff Financial Planning, LLC	113	$7.83K	0.00%	+100+769.2%	Added
Financial Freedom, LLC	115	$7.98K	0.00%	00.0%	Unchanged
Newton One Investments LLC	115	$7.99K	0.00%	00.0%	Unchanged
Compass Planning Associates Inc	115	$7.99K	0.01%	00.0%	Unchanged
Riggs Asset Managment Co. Inc.	117	$8.13K	0.00%	−43,983−99.7%	Reduced
Richards, Merrill & Peterson, Inc.	120	$8.36K	0.00%	−271−69.3%	Reduced
CarsonAllaria Wealth Management, Ltd.	122	$8.47K	0.00%	00.0%	Unchanged
Cape Investment Advisory, Inc.	122	$8.47K	0.00%	00.0%	Unchanged
First PREMIER Bank	134	$9.00K	0.00%	−57−29.8%	Reduced
Summerhill Capital Management lnc.	130	$9.03K	0.01%	+130	New
BankPlus Trust Department	132	$9.17K	0.00%	−138−51.1%	Reduced
Godsey & Gibb Associates	133	$9.24K	0.00%	00.0%	Unchanged
Tidemark, LLC	150	$10.4K	0.00%	00.0%	Unchanged
1 North Wealth Services LLC	150	$10.4K	0.00%	+150	New
Accredited Wealth Management, LLC	150	$10.6K	0.01%	+100+200.0%	Added
SJS Investment Consulting Inc.	154	$10.7K	0.00%	+4+2.7%	Added
Chesapeake Asset Management LLC	156	$10.8K	0.01%	00.0%	Unchanged
Wood Tarver Financial Group, LLC	158	$11.0K	0.00%	+125+378.8%	Added
Hurley Capital, LLC	160	$11.1K	0.01%	00.0%	Unchanged
NewSquare Capital LLC	162	$11.2K	0.00%	+44+37.3%	Added
Blume Capital Management, Inc.	164	$11.4K	0.00%	+89+118.7%	Added
Global Financial Private Client, LLC	168	$11.7K	0.00%	00.0%	Unchanged
Tacita Capital Inc	169	$11.7K	0.01%	00.0%	Unchanged
Center for Financial Planning, Inc.	170	$11.8K	0.00%	−123−42.0%	Reduced
LFA - Lugano Financial Advisors SA	170	$11.8K	0.01%	+170	New
Atala Financial Inc	171	$11.9K	0.01%	00.0%	Unchanged
1620 Investment Advisors, Inc.	171	$11.9K	0.01%	+40+30.5%	Added
Baillie Gifford & Co	176	$12.2K	0.00%	+123+232.1%	Added
Marshall & Sterling Wealth Advisors Inc.	184	$12.8K	0.01%	+46+33.3%	Added
YANKCOM Partnership	190	$13.2K	0.01%	+190	New
Peterson Wealth Services	–	$13.7K	0.00%	–	–
SOA Wealth Advisors, LLC.	197	$13.7K	0.00%	+37+23.1%	Added
Edmond de Rothschild Holding S.A.	200	$13.9K	0.00%	00.0%	Unchanged
McIlrath & Eck, LLC	200	$13.9K	0.00%	00.0%	Unchanged
Redwood Park Advisors LLC	200	$13.9K	0.01%	00.0%	Unchanged
BNP Paribas	200	$13.9K	0.00%	+200	New