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.
| 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 | 1,866 | $47.9B |
| Q1 2024 | 1,745 | $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.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Ritholtz Wealth Management | 104,309 | $7.24M | 0.22% | −16,517−13.7% | Reduced |
| Eagle Global Advisors LLC | 106,348 | $7.38M | 0.30% | −3,780−3.4% | Reduced |
| Loring Wolcott & Coolidge Fiduciary Advisors LLP | 121,030 | $7.42M | 0.07% | +7,342+6.5% | Added |
| Grimes & Company, Inc. | 106,953 | $7.43M | 0.23% | +3,273+3.2% | Added |
| Harbour Trust & Investment Management Co | 107,261 | $7.45M | 0.90% | +22,195+26.1% | Added |
| Quadrant Capital Group LLC | 107,817 | $7.49M | 0.28% | +72,424+204.6% | Added |
| Armistice Capital, LLC | 108,000 | $7.50M | 0.20% | −604,000−84.8% | Reduced |
| Lynch Asset Management, Inc. | 108,100 | $7.51M | 3.37% | +1,150+1.1% | Added |
| Borer Denton & Associates, Inc. | 108,333 | $7.52M | 2.66% | −4,848−4.3% | Reduced |
| Jones Financial Companies LLLP | 108,640 | $7.53M | 0.01% | +36,588+50.8% | Added |
| Federation des caisses Desjardins du Quebec | 108,847 | $7.56M | 0.04% | +31,293+40.3% | Added |
| Banco Bilbao Vizcaya Argentaria, S.A. | 112,023 | $7.77M | 0.08% | +12,553+12.6% | Added |
| Calamos Advisors LLC | 112,004 | $7.78M | 0.04% | −34,862−23.7% | Reduced |
| Hardman Johnston Global Advisors LLC | 112,656 | $7.82M | 0.37% | −22,304−16.5% | Reduced |
| Guardian Partners Inc. | 128,738 | $7.89M | 0.82% | +1,347+1.1% | Added |
| SG Americas Securities, LLC | 113,673 | $7.89M | 0.03% | +5,948+5.5% | Added |
| Headinvest, LLC | 113,976 | $7.91M | 1.54% | −2,251−1.9% | Reduced |
| Brown Advisory Inc | 114,445 | $7.95M | 0.01% | −1,302−1.1% | Reduced |
| BFSG, LLC | 115,507 | $8.02M | 0.98% | +12,515+12.2% | Added |
| Busey Wealth Management | 116,533 | $8.09M | 0.27% | +10,099+9.5% | Added |
| Cullen/Frost Bankers, Inc. | 116,829 | $8.11M | 0.11% | +1,387+1.2% | Added |
| GQG Partners LLC | 117,125 | $8.13M | 0.01% | −12,877,408−99.1% | Reduced |
| Heathbridge Capital Management Ltd. | 117,950 | $8.19M | 3.33% | −2,250−1.9% | Reduced |
| Sphera Funds Management Ltd. | 118,080 | $8.20M | 2.02% | +20,000+20.4% | Added |
| Woodmont Investment Counsel LLC | 118,422 | $8.22M | 0.59% | +7,871+7.1% | Added |
| Aquatic Capital Management LLC | 118,463 | $8.23M | 0.21% | +118,463 | New |
| Leonteq Securities AG | 118,971 | $8.26M | 0.63% | −2,018−1.7% | Reduced |
| Federated Hermes, Inc. | 119,326 | $8.29M | 0.02% | −46,122−27.9% | Reduced |
| Rothschild Investment LLC | 120,840 | $8.39M | 0.56% | −1,272−1.0% | Reduced |
| London & Capital Asset Management Ltd | 121,584 | $8.44M | 0.72% | +6,693+5.8% | Added |
| Bridger Management, LLC | 121,600 | $8.44M | 4.20% | +121,600 | New |
| RSM US Wealth Management LLC | 123,028 | $8.68M | 0.13% | −4,936−3.9% | Reduced |
| Eldred Rock Partners, LLC | 96,035 | $8.81M | 2.69% | +20,184+26.6% | Added |
| JustInvest LLC | 127,725 | $8.87M | 0.13% | +16,567+14.9% | Added |
| Beacon Pointe Advisors, LLC | 128,159 | $8.90M | 0.10% | +90,259+238.2% | Added |
| Banco Santander, S.A. | 128,391 | $8.92M | 0.10% | +55,358+75.8% | Added |
| F/M Investments LLC | 128,984 | $8.96M | 0.36% | −1,382−1.1% | Reduced |
| Oppenheimer & Co Inc | 129,517 | $8.99M | 0.14% | −8,549−6.2% | Reduced |
| Hikari Power Ltd | 130,300 | $9.05M | 0.72% | 00.0% | Unchanged |
| Cabot Wealth Management Inc | 130,729 | $9.08M | 1.16% | +9,534+7.9% | Added |
| Marietta Investment Partners LLC | 131,244 | $9.11M | 2.20% | −14,454−9.9% | Reduced |
| Wiley Bros.-Aintree Capital, LLC | 131,677 | $9.12M | 0.10% | +3,332+2.6% | Added |
| Level Four Advisory Services, LLC | 134,903 | $9.37M | 0.39% | +53,744+66.2% | Added |
| DRW Securities, LLC | 135,400 | $9.40M | 0.80% | +117,400+652.2% | Added |
| Birch Capital Management, LLC | 135,994 | $9.44M | 4.91% | +1,371+1.0% | Added |
| Obermeyer Wood Investment Counsel, LLLP | 136,174 | $9.46M | 0.50% | +6,070+4.7% | Added |
| AXA S.A. | 137,527 | $9.55M | 0.03% | −30,668−18.2% | Reduced |
| W.G. Shaheen & Associates DBA Whitney & Co | 138,977 | $9.65M | 1.03% | +138,977 | New |
| LHM, Inc. | 138,451 | $9.73M | 3.22% | +138,451 | New |
| Massachusetts Financial Services Co | 141,053 | $9.79M | 0.00% | +40,945+40.9% | Added |
| Stephens Inc | 147,688 | $10.3M | 0.15% | +44,270+42.8% | Added |
| Northstar Asset Management Inc | 148,376 | $10.3M | 3.05% | +5,619+3.9% | Added |
| Deutsche Bank AG | 150,634 | $10.5M | 0.00% | +2,152+1.4% | Added |
| Evergreen Capital Management LLC | 151,393 | $10.7M | 0.36% | +119,688+377.5% | Added |
| Janney Montgomery Scott LLC | 154,418 | $10.7M | 0.03% | −40,766−20.9% | Reduced |
| Kornitzer Capital Management Inc | 155,858 | $10.8M | 0.22% | +396+0.3% | Added |
| Kestra Advisory Services, LLC | 156,530 | $10.9M | 0.05% | +17,562+12.6% | Added |
| Schonfeld Strategic Advisors LLC | 156,635 | $10.9M | 0.07% | +156,635 | New |
| Segment Wealth Management, LLC | 156,917 | $10.9M | 0.74% | +6,879+4.6% | Added |
| Cambridge Investment Research Advisors, Inc. | 160,726 | $11.2M | 0.04% | −26,945−14.4% | Reduced |
| Ethic Inc. | 165,133 | $11.2M | 0.23% | −6,489−3.8% | Reduced |
| Atwater Malick LLC | 163,869 | $11.4M | 3.85% | +1,641+1.0% | Added |
| Beese Fulmer Investment Management, Inc. | 165,538 | $11.5M | 0.99% | +670+0.4% | Added |
| Glenmede Trust Co NA | 165,835 | $11.5M | 0.06% | −131,757−44.3% | Reduced |
| Fiduciary Trust Co | 167,195 | $11.6M | 0.15% | −30,371−15.4% | Reduced |
| Baldwin Brothers Inc | 169,516 | $11.8M | 0.83% | +120,808+248.0% | Added |
| Mercer Global Advisors Inc | 171,048 | $11.9M | 0.03% | −22,970−11.8% | Reduced |
| Walleye Trading LLC | 171,416 | $11.9M | 0.34% | +132,838+344.3% | Added |
| South Street Advisors LLC | 174,001 | $12.1M | 1.98% | +6,840+4.1% | Added |
| Wesbanco Bank Inc | 177,801 | $12.3M | 0.43% | +74,685+72.4% | Added |
| Neuberger Berman Group LLC | 179,658 | $12.5M | 0.01% | −102,425−36.3% | Reduced |
| Choate Investment Advisors | 181,059 | $12.6M | 0.31% | +134,196+286.4% | Added |
| Atria Investments LLC | 181,330 | $12.6M | 0.16% | +25,292+16.2% | Added |
| RPG Investment Advisory, LLC | 185,138 | $12.9M | 0.92% | +101,994+122.7% | Added |
| Hutchinson Capital Management | 186,868 | $13.0M | 2.48% | +11,217+6.4% | Added |
| Altrafin AG | 188,583 | $13.1M | 5.09% | +52,137+38.2% | Added |
| Captrust Financial Advisors | 188,742 | $13.1M | 0.03% | +52,156+38.2% | Added |
| Clifford Swan Investment Counsel LLC | 189,672 | $13.2M | 0.49% | −828−0.4% | Reduced |
| Walleye Capital LLC | 190,954 | $13.3M | 0.15% | +28,867+17.8% | Added |
| Meritage Portfolio Management | 193,692 | $13.4M | 0.89% | −5,395−2.7% | Reduced |
| Trillium Asset Management, LLC | 199,435 | $13.8M | 0.40% | −32,731−14.1% | Reduced |
| Palisade Capital Management LLC | 200,972 | $14.0M | 0.40% | +3,676+1.9% | Added |
| Nomura Holdings Inc | 202,851 | $14.1M | 0.08% | +50,057+32.8% | Added |
| Moran Wealth Management, LLC | 206,374 | $14.3M | 0.48% | −166,319−44.6% | Reduced |
| Quantitative Investment Management, LLC | 207,314 | $14.4M | 1.32% | +159,638+334.8% | Added |
| Capital World Investors | 207,770 | $14.4M | 0.00% | −4,238,249−95.3% | Reduced |
| Walter Public Investments Inc. | 209,977 | $14.6M | 2.72% | +10,920+5.5% | Added |
| Vontobel Holding Ltd. | 210,385 | $14.6M | 0.05% | −52,817−20.1% | Reduced |
| Guardian Capital LP | 211,795 | $14.7M | 0.58% | +343+0.2% | Added |
| Scotia Capital Inc. | 212,210 | $14.7M | 0.08% | −73,581−25.7% | Reduced |
| Lido Advisors, LLC | 211,866 | $14.9M | 0.09% | +38,463+22.2% | Added |
| JLB & Associates Inc | 219,239 | $15.2M | 2.12% | +4,874+2.3% | Added |
| Cim, LLC | 220,221 | $15.3M | 2.27% | +8,398+4.0% | Added |
| Silvercrest Asset Management Group LLC | 221,418 | $15.4M | 0.11% | +93,420+73.0% | Added |
| Russell Investments Group, Ltd. | 224,340 | $15.6M | 0.02% | −426,323−65.5% | Reduced |
| Wealth Enhancement Advisory Services, LLC | 228,149 | $15.8M | 0.03% | −52,664−18.8% | Reduced |
| Osterweis Capital Management Inc | – | $15.9M | 0.78% | – | – |
| Tudor Investment Corp Et Al | 230,073 | $16.0M | 0.14% | +108,031+88.5% | Added |
| QRG Capital Management, Inc. | 231,236 | $16.1M | 0.17% | −20,600−8.2% | Reduced |
| Quantinno Capital Management LP | 237,047 | $16.5M | 0.11% | +25,181+11.9% | Added |