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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, 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
Teewinot Capital Advisers, L.L.C.36,497$2.53M0.26%00.0%Unchanged
JCIC Asset Management Inc.36,521$2.54M1.06%−686−1.8%Reduced
Banque Pictet & Cie SA36,625$2.54M0.03%+446+1.2%Added
Iams Wealth Management, LLC36,940$2.57M1.17%+13,168+55.4%Added
Atria Wealth Solutions, Inc.36,486$2.57M0.03%−5,851−13.8%Reduced
Aviso Financial Inc.37,120$2.58M0.13%+3,253+9.6%Added
Verde Capital Management37,198$2.58M0.73%+13,294+55.6%Added
Cantor Fitzgerald, L. P.37,230$2.59M0.10%+2,157+6.2%Added
Union Heritage Capital, LLC37,528$2.61M0.97%00.0%Unchanged
Grantham, Mayo, Van Otterloo & Co. LLC37,617$2.61M0.01%+37,617New
Benedict Financial Advisors Inc37,757$2.62M0.61%−794−2.1%Reduced
Boston Family Office LLC37,848$2.63M0.19%−6,956−15.5%Reduced
Capital Group Private Client Services, Inc.38,049$2.64M0.03%−255,615−87.0%Reduced
Korea Investment CORP38,392$2.67M0.01%+38,392New
Strong Tower Advisory Services42,554$2.71M0.67%+17,563+70.3%Added
DGS Capital Management, LLC39,353$2.73M0.72%−1,442−3.5%Reduced
Auxano Advisors, LLC39,392$2.74M0.72%+8,949+29.4%Added
Webster Bank, N. A.39,637$2.75M0.30%+34,736+708.8%Added
Generate Investment Management Ltd39,962$2.77M0.19%00.0%Unchanged
SALT Holding Corp.39,984$2.78M2.57%+10,013+33.4%Added
LMR Partners LLP40,000$2.78M0.06%+15,001+60.0%Added
Resources Investment Advisors, LLC.40,157$2.79M0.03%−2,185−5.2%Reduced
Comgest Global Investors S.A.S.40,762$2.83M0.05%−6,136−13.1%Reduced
Umb Bank N A40,820$2.83M0.05%−610−1.5%Reduced
Todd Asset Management LLC41,100$2.85M0.07%+41,100New
Teachers Retirement System of the State of Kentucky41,100$2.85M0.03%+41,100New
ICW Investment Advisors LLC41,287$2.87M1.17%+145+0.4%Added
Stiles Financial Services Inc41,490$2.88M1.11%−1,992−4.6%Reduced
Matthew 25 Management Corp41,500$2.88M1.06%+41,500New
Mount Yale Investment Advisors, LLC41,509$2.88M0.25%+7,801+23.1%Added
Fairfield Financial Advisors, LTD41,827$2.90M1.09%−1,977−4.5%Reduced
Nicollet Investment Management, Inc.41,962$2.91M1.02%+1,341+3.3%Added
Rathbone Brothers plc42,006$2.92M0.01%+29,993+249.7%Added
Principal Securities, Inc.34,091$2.93M0.07%+71+0.2%Added
CMT Capital Markets Trading GmbH42,446$2.95M1.22%+42,446New
Verition Fund Management LLC42,449$2.95M0.02%+36,830+655.5%Added
Pinnacle Associates Ltd42,530$2.95M0.04%+1,063+2.6%Added
Wealth Advisory Solutions, LLC42,537$2.95M0.78%+3,103+7.9%Added
Snowden Capital Advisors LLC42,480$3.00M0.10%−6,953−14.1%Reduced
Beverly Hills Private Wealth, LLC43,203$3.00M0.59%+7,048+19.5%Added
Bartlett & Co. Wealth Management LLC42,886$3.03M0.04%−28,859−40.2%Reduced
Verdence Capital Advisors LLC43,783$3.04M0.23%−4,684−9.7%Reduced
Concurrent Investment Advisors, LLC43,856$3.05M0.07%+8,807+25.1%Added
Sentinel Trust Co Lba44,172$3.07M0.36%−194−0.4%Reduced
Threadgill Financial, LLC44,339$3.08M1.65%+44,339New
Portside Wealth Group, LLC44,552$3.09M0.51%−9,133−17.0%Reduced
Bennett Selby Investments LP44,876$3.12M1.23%+16,651+59.0%Added
Campbell & CO Investment Adviser LLC44,969$3.12M0.24%+39,923+791.2%Added
Regions Financial Corp45,057$3.13M0.02%+800+1.8%Added
MAI Capital Management45,367$3.15M0.02%−310−0.7%Reduced
Empowered Funds, LLC45,470$3.16M0.04%+45,470New
Vestmark Advisory Solutions, Inc.46,036$3.20M0.08%+19,413+72.9%Added
Fifth Third Bancorp46,071$3.20M0.01%−2,172−4.5%Reduced
Sage Capital Advisors,llc46,234$3.21M0.84%+46,234New
Meridian Investment Counsel Inc.46,247$3.21M0.95%+550+1.2%Added
EP Wealth Advisors, LLC46,897$3.26M0.03%−11,208−19.3%Reduced
Ssa Swiss Advisors AG47,056$3.27M1.68%+47,056New
Parallel Advisors, LLC48,171$3.35M0.08%+52+0.1%Added
RFG Advisory, LLC48,810$3.39M0.09%+36,786+305.9%Added
Blair William & Co49,019$3.40M0.01%−14,954−23.4%Reduced
Voya Investment Management LLC49,175$3.41M0.00%−70−0.1%Reduced
Apollon Wealth Management, LLC49,192$3.42M0.08%+4,964+11.2%Added
Cardinal Capital Management48,415$3.42M0.53%+140.0%Added
Arlington Partners LLC49,345$3.43M1.34%+19,933+67.8%Added
Bradley Foster & Sargent Inc49,649$3.45M0.06%−8,115−14.0%Reduced
FORA Capital, LLC49,673$3.45M0.35%+13,917+38.9%Added
South State Corp.49,986$3.47M0.16%+735+1.5%Added
Hayek Kallen Investment Management50,996$3.54M1.30%−4,224−7.6%Reduced
Vident Advisory, LLC51,146$3.55M0.05%+9,685+23.4%Added
Eukles Asset Management51,312$3.56M1.56%+1,667+3.4%Added
Equitable Holdings, Inc.51,417$3.57M0.03%+141+0.3%Added
Coldstream Capital Management Inc51,717$3.59M0.08%+31,000+149.6%Added
RMB Capital Management, LLC51,146$3.60M0.09%+39,514+339.7%Added
Ingalls & Snyder LLC51,811$3.60M0.12%−835−1.6%Reduced
Crossmark Global Holdings, Inc.51,937$3.61M0.06%+841+1.6%Added
Wilson & Boucher Capital Management, LLC52,018$3.61M2.69%−2,620−4.8%Reduced
Henry James International Management, Inc.52,110$3.62M1.24%−39−0.1%Reduced
Advisory Services Network, LLC53,461$3.71M0.07%−14,365−21.2%Reduced
Azzad Asset Management Inc53,530$3.72M0.44%+53,530New
Naviter Wealth, LLC54,373$3.77M0.46%−7,285−11.8%Reduced
Sendero Wealth Management, LLC54,272$3.77M0.52%+7,859+16.9%Added
Zions Bancorporation, National Association54,396$3.78M0.24%+54,396New
Fortis Capital Management LLC55,188$3.83M0.75%+9,300+20.3%Added
Sapient Capital LLC54,298$3.83M0.08%−597,557−91.7%Reduced
Capital Insight Partners, LLC55,307$3.84M0.67%+3,095+5.9%Added
Wisconsin Capital Management LLC55,469$3.85M2.45%−7,710−12.2%Reduced
Brown, Lisle/Cummings, Inc.55,929$3.88M1.13%+7,071+14.5%Added
Pittenger & Anderson Inc56,342$3.91M0.14%−4,111−6.8%Reduced
TD Waterhouse Canada Inc.57,635$3.92M0.03%−54,195−48.5%Reduced
Roundview Capital LLC56,419$3.92M0.28%+1,681+3.1%Added
XXEC, Inc.56,429$3.92M3.40%+38,102+207.9%Added
Sawyer & Company, Inc56,968$3.96M1.60%−723−1.3%Reduced
Capital International Inc57,121$3.97M0.05%−9,327−14.0%Reduced
Capital Research Global Investors57,530$3.99M0.00%+9,280+19.2%Added
Round Hill Asset Management57,629$4.00M2.88%−270−0.5%Reduced
B&L Asset Management LLC57,631$4.00M2.62%−277−0.5%Reduced
Brookmont Capital Management57,632$4.00M2.26%+13,323+30.1%Added
NewEdge Wealth, LLC57,661$4.00M0.07%+16,887+41.4%Added
Americana Partners, LLC57,709$4.01M0.16%+2,609+4.7%Added
New York State Common Retirement Fund57,939$4.02M0.01%−73,297−55.9%Reduced