Skip to main content

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, 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
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 heldQ1 2025: $22.5B
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, 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
InstitutionSharesValue% of portfolioChange in sharesAction
Schroder Investment Management Group23,615$1.64M0.00%+17,210+268.7%Added
Exencial Wealth Advisors, LLC23,601$1.64M0.06%+507+2.2%Added
Forum Financial Management, LP23,741$1.65M0.03%−156−0.7%Reduced
Syon Capital LLC23,761$1.65M0.13%−1,518−6.0%Reduced
Salem Investment Counselors Inc23,475$1.65M0.06%+1,549+7.1%Added
Dynamic Advisor Solutions LLC23,838$1.66M0.05%−642−2.6%Reduced
Connor, Clark & Lunn Investment Management Ltd.23,859$1.66M0.01%−33,618−58.5%Reduced
Three Bridge Wealth Advisors, LLC23,665$1.67M0.58%+11,107+88.4%Added
Diadema Partners LP24,618$1.68M1.34%+24,618New
Kayne Anderson Rudnick Investment Management LLC24,346$1.69M0.00%−1,427−5.5%Reduced
Diamant Asset Management, Inc.24,490$1.70M1.29%+790+3.3%Added
Puzo Michael J24,550$1.70M0.49%+19,050+346.4%Added
Sterling Capital Management LLC24,587$1.71M0.03%+6,110+33.1%Added
Natixis24,917$1.71M0.01%−2,881−10.4%Reduced
Bristlecone Advisors, LLC24,869$1.73M0.14%+12,576+102.3%Added
Mission Wealth Management, LP25,108$1.74M0.04%−386−1.5%Reduced
Marshall Wace, LLP25,125$1.74M0.00%−1,142,373−97.8%Reduced
GSB Wealth Management, LLC25,194$1.75M0.46%+800+3.3%Added
Global Trust Asset Management, LLC25,296$1.76M1.07%−558−2.2%Reduced
Guardcap Asset Management Ltd25,383$1.76M0.03%+4,933+24.1%Added
Cox Capital Mgt LLC25,455$1.77M1.29%+11,363+80.6%Added
Donaldson Capital Management, LLC25,478$1.77M0.07%−90.0%Reduced
Princeton Capital Management LLC25,668$1.78M0.63%−22,619−46.8%Reduced
Ieq Capital, LLC25,686$1.78M0.01%−9,745−27.5%Reduced
Personal Cfo Solutions, LLC25,720$1.79M0.36%−1,411−5.2%Reduced
Live Oak Private Wealth LLC25,730$1.79M0.29%+10,137+65.0%Added
Sofos Investments, Inc.25,730$1.79M0.39%+25,730New
Benjamin Edwards Inc25,793$1.79M0.03%−1,132−4.2%Reduced
Wealthspire Advisors, LLC25,884$1.80M0.01%+13,009+101.0%Added
Checchi Capital Advisers, LLC25,950$1.80M0.13%+641+2.5%Added
Harrington Investments, INC25,954$1.80M1.02%−221−0.8%Reduced
Cloverfields Capital Group, LP26,189$1.82M0.60%+313+1.2%Added
D.A. Davidson & Co.26,327$1.83M0.01%−6,052−18.7%Reduced
Haverford Trust Co26,412$1.83M0.02%−427−1.6%Reduced
Ascent Group, LLC26,532$1.84M0.08%+6,218+30.6%Added
Alliance Wealth Advisors, LLC26,553$1.84M0.48%−4,452−14.4%Reduced
Trust Co of Vermont26,690$1.85M0.09%−291−1.1%Reduced
Integrated Wealth Concepts LLC26,712$1.85M0.02%+1,630+6.5%Added
Synovus Financial Corp26,779$1.86M0.02%−42,315−61.2%Reduced
Hilltop Holdings Inc.26,935$1.87M0.12%+15,505+135.7%Added
Gibbs Wealth Management27,266$1.89M0.46%−453−1.6%Reduced
Sepio Capital, LP27,359$1.90M0.15%+7,455+37.5%Added
Private Trust Co NA27,437$1.91M0.20%−1,161−4.1%Reduced
Valeo Financial Advisors, LLC27,715$1.92M0.05%−4,519−14.0%Reduced
Allworth Financial LP30,805$1.93M0.01%−2,594−7.8%Reduced
Guggenheim Capital LLC27,910$1.94M0.02%+5,791+26.2%Added
Alaethes Wealth LLC27,534$1.94M0.71%+2,612+10.5%Added
Inspire Trust Co, N.A.28,000$1.94M0.46%+6,000+27.3%Added
Pacer Advisors, Inc.28,277$1.96M0.00%+1,387+5.2%Added
Fortune Financial Advisors, LLC28,518$1.98M1.71%+1,132+4.1%Added
Marotta Asset Management16,653$1.98M0.39%+565+3.5%Added
Ballentine Partners, LLC28,828$2.00M0.03%+239+0.8%Added
Grace & White Inc29,000$2.01M0.38%00.0%Unchanged
Axxcess Wealth Management, LLC29,060$2.02M0.06%−688−2.3%Reduced
Peapack Gladstone Financial Corp29,114$2.02M0.03%+10.0%Added
Venturi Wealth Management, LLC29,629$2.06M0.11%−1,000−3.3%Reduced
Oversea-Chinese Banking CORP Ltd29,480$2.06M0.06%+9,104+44.7%Added
Unisphere Establishment30,000$2.08M0.02%−118,500−79.8%Reduced
Settian Capital LP30,000$2.08M1.62%00.0%Unchanged
Credit Agricole S A30,152$2.09M0.01%+2,332+8.4%Added
Atomi Financial Group, Inc.30,170$2.09M0.10%−1,976−6.1%Reduced
Renaissance Investment Group LLC30,201$2.10M0.51%+1,376+4.8%Added
Claret Asset Management Corp30,329$2.11M0.30%+117+0.4%Added
Norden Group LLC30,455$2.11M0.24%−9,866−24.5%Reduced
MMBG Investment Advisors Co.29,985$2.12M0.24%+12,320+69.7%Added
Dorsey & Whitney Trust CO LLC30,546$2.12M0.12%−948−3.0%Reduced
Sovran Advisors, LLC36,559$2.12M0.28%+36,559New
Cary Street Partners Financial LLC30,579$2.12M0.07%+2,527+9.0%Added
Karani Asset Management LLC30,632$2.13M2.25%+6,844+28.8%Added
Patten & Patten Inc30,647$2.13M0.14%+8,792+40.2%Added
Guild Investment Management, Inc.30,650$2.16M2.27%−2,303−7.0%Reduced
Lowe Brockenbrough & Co Inc31,251$2.21M0.15%+31,251New
Sequoia Financial Advisors, LLC31,762$2.21M0.02%+92+0.3%Added
Union Bancaire Privee, UBP SA34,576$2.21M0.04%+25,734+291.0%Added
Teamwork Financial Advisors, LLC31,883$2.21M0.31%+27,431+616.2%Added
Capital International Ltd32,005$2.22M0.10%+3,477+12.2%Added
Perfromance Wealth Partners, LLC32,411$2.25M0.08%+458+1.4%Added
Stamos Capital Partners, L.P.32,414$2.25M0.59%+15,134+87.6%Added
Kavar Capital Partners Group, LLC32,431$2.25M0.38%+832+2.6%Added
Stonegate Investment Group, LLC32,511$2.26M0.06%+912+2.9%Added
Broderick Brian C32,711$2.27M0.46%+26,795+452.9%Added
Clean Yield Group33,076$2.30M0.75%−800−2.4%Reduced
Phoenix Holdings Ltd.33,131$2.31M0.04%+13,991+73.1%Added
Penobscot Investment Management Company, Inc.33,322$2.31M0.22%−2,247−6.3%Reduced
Callan Family Office, LLC33,475$2.32M0.17%+3,192+10.5%Added
Capital International Sarl33,507$2.33M0.05%+1,873+5.9%Added
Altman Advisors, Inc.35,260$2.34M1.08%+19,309+121.1%Added
Mutual Advisors, LLC37,849$2.35M0.07%+9,622+34.1%Added
Wambolt & Associates, LLC34,695$2.36M0.80%+2,280+7.0%Added
Autumn Glory Partners, LLC36,130$2.37M1.19%+19,922+122.9%Added
Aigen Investment Management, LP34,284$2.38M0.38%+25,769+302.6%Added
HB Wealth Management, LLC34,452$2.39M0.02%+17,330+101.2%Added
North Star Asset Management Inc34,712$2.41M0.11%+279+0.8%Added
Greenleaf Trust35,429$2.46M0.02%−223−0.6%Reduced
Arjuna Capital35,639$2.47M0.68%−1,878−5.0%Reduced
Bamco Inc35,662$2.48M0.01%+5,642+18.8%Added
Qtron Investments LLC35,765$2.48M0.37%00.0%Unchanged
National Asset Management, Inc.36,167$2.51M0.08%−567−1.5%Reduced
Garrison Point Advisors, LLC36,268$2.52M1.22%00.0%Unchanged
Yousif Capital Management, LLC36,296$2.52M0.03%−16,500−31.3%Reduced