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
Simplex Trading, LLC239,010$16.6M0.59%+239,010New
Destination Wealth Management244,604$17.0M0.54%+48,461+24.7%Added
Y-Intercept (Hong Kong) Ltd247,815$17.2M1.17%+122,734+98.1%Added
Carnegie Capital Asset Management, LLC272,475$17.4M0.41%+73,930+37.2%Added
M&T Bank Corp251,085$17.4M0.06%−128,573−33.9%Reduced
Warther Private Wealth, LLC254,340$17.7M5.88%+242,319+2,015.8%Added
PEAK6 LLC256,783$17.8M0.70%+101,657+65.5%Added
Advisor Group Holdings, Inc.257,812$17.9M0.04%+17,148+7.1%Added
Charles Schwab Investment Management Inc261,243$18.1M0.00%+35,329+15.6%Added
Dividend Assets Capital, LLC266,187$18.5M3.50%+51,572+24.0%Added
Beacon Investment Advisory Services, Inc.267,067$18.5M0.87%−35,166−11.6%Reduced
Menora Mivtachim Holdings Ltd.270,168$18.8M0.12%−572,800−68.0%Reduced
O'Shaughnessy Asset Management, LLC274,193$19.0M0.15%−15,368−5.3%Reduced
HSBC Holdings PLC278,559$19.2M0.01%−19,915−6.7%Reduced
Brinker Capital Investments, LLC277,254$19.3M0.19%−20,742−7.0%Reduced
Orion Portfolio Solutions, LLC277,254$19.3M0.19%−20,742−7.0%Reduced
Standard Life Aberdeen plc280,734$19.5M0.04%+20,565+7.9%Added
MML Investors Services, LLC281,687$19.6M0.07%+7,457+2.7%Added
Cutter & CO Brokerage, Inc.282,972$19.6M4.65%−7,129−2.5%Reduced
Alta Capital Management LLC288,587$20.0M1.30%+84,358+41.3%Added
Martin Investment Management, LLC288,983$20.1M5.06%+6,820+2.4%Added
Twin Tree Management, LP289,198$20.1M0.44%+289,198New
Dillon & Associates Inc295,114$20.4M3.03%+7,638+2.7%Added
CIBC Private Wealth Group, LLC331,663$20.4M0.04%+287,784+655.9%Added
Cetera Investment Advisers296,651$20.6M0.04%+46,169+18.4%Added
TownSquare Capital, LLC298,223$20.7M0.22%−61,766−17.2%Reduced
Creative Planning300,345$20.9M0.02%−8,277−2.7%Reduced
Sanctuary Advisors, LLC300,376$20.9M0.15%−4,480−1.5%Reduced
Group One Trading, L.P.305,395$21.2M0.88%+98,579+47.7%Added
Balyasny Asset Management LLC307,409$21.3M0.05%−420,105−57.7%Reduced
Penbrook Management LLC311,400$21.6M16.34%−1,000−0.3%Reduced
IMC-Chicago, LLC314,485$21.8M0.85%+258,480+461.5%Added
Clark Capital Management Group, Inc.319,142$22.2M0.16%+3,250+1.0%Added
Invesco Ltd.332,224$23.1M0.00%−16,984−4.9%Reduced
HighTower Advisors, LLC333,366$23.1M0.03%−144,878−30.3%Reduced
US Bancorp338,470$23.5M0.03%+3,493+1.0%Added
Pathstone Holdings, LLC340,128$23.7M0.10%+65,227+23.7%Added
Squarepoint Ops LLC344,312$23.9M0.06%+281,827+451.0%Added
Migdal Insurance & Financial Holdings Ltd.343,389$24.2M0.34%+339,820+9,521.4%Added
Traynor Capital Management, Inc.355,076$24.7M2.09%+34,914+10.9%Added
Modera Wealth Management, LLC359,706$25.0M0.34%−2,808−0.8%Reduced
National Bank of Canada363,538$25.2M0.03%−378,983−51.0%Reduced
Academy Capital Management Inc367,574$25.5M4.40%+213,453+138.5%Added
Mariner, LLC371,261$25.8M0.04%+7,948+2.2%Added
Trexquant Investment LP377,738$26.2M0.31%+145,492+62.6%Added
Commonwealth Equity Services, LLC379,271$26.3M0.04%−29,565−7.2%Reduced
Janus Henderson Group PLC383,930$26.6M0.01%−112,158−22.6%Reduced
MayTech Global Investments, LLC387,531$26.9M3.49%+9,779+2.6%Added
Southpoint Capital Advisors LP400,000$27.8M0.67%+400,000New
Northwestern Mutual Wealth Management Co403,391$28.0M0.02%+26,935+7.2%Added
Barclays PLC424,199$29.5M0.01%−623,101−59.5%Reduced
GuoLine Advisory Pte Ltd426,700$29.6M3.14%+80,200+23.1%Added
Assetmark, Inc427,623$29.7M0.08%−21,507−4.8%Reduced
GWM Advisors LLC432,345$30.0M0.18%+97,377+29.1%Added
Van Eck Associates Corp447,557$31.1M0.04%−15,428−3.3%Reduced
SEI Investments Co451,031$31.3M0.04%−189,418−29.6%Reduced
Brown Brothers Harriman & Co453,455$31.5M0.22%+393,334+654.2%Added
Colony Group, LLC453,434$31.5M0.08%+44,751+11.0%Added
Vantage Investment Partners, LLC459,687$31.9M2.68%−120,730−20.8%Reduced
Parkwood LLC462,571$32.1M3.14%+200,976+76.8%Added
Oppenheimer Asset Management Inc.470,565$32.7M0.41%+69,545+17.3%Added
Nichols & Pratt Advisers LLP481,314$33.4M2.28%+3,435+0.7%Added
Franklin Resources Inc486,002$33.7M0.01%−11,079−2.2%Reduced
The PNC Financial Services Group, Inc.525,247$36.5M0.02%−14,800−2.7%Reduced
Harel Insurance Investments & Financial Services Ltd.562,187$39.5M0.52%+562,187New
United Capital Financial Advisers, LLC576,288$40.0M0.34%+216,083+60.0%Added
CIBC World Markets Inc.645,663$44.8M0.10%−12,800−1.9%Reduced
Truist Financial Corp655,208$45.5M0.07%+91,974+16.3%Added
Rockefeller Capital Management L.P.658,582$45.7M0.11%+160,915+32.3%Added
Jane Street Group, LLC700,165$48.6M0.09%−376,033−34.9%Reduced
Thornburg Investment Management Inc717,835$49.8M0.70%−3,313−0.5%Reduced
Capital Fund Management S.A.741,731$51.5M0.66%+17,381+2.4%Added
Bank of New York Mellon Corp839,802$58.3M0.01%+47,804+6.0%Added
Qube Research & Technologies Ltd883,125$61.3M0.10%+27,983+3.3%Added
Millennium Management LLC887,687$61.6M0.06%+532,472+149.9%Added
Cerity Partners LLC928,213$63.7M0.13%+170,494+22.5%Added
Parnassus Investments926,083$64.3M0.15%+332,361+56.0%Added
Polen Capital Management LLC1,001,906$69.6M0.22%−5,403,842−84.4%Reduced
Wellington Management Group LLP1,021,707$70.9M0.01%+191,272+23.0%Added
American Century Companies Inc1,022,211$71.0M0.04%−258,950−20.2%Reduced
Baird Financial Group, Inc.1,035,639$71.9M0.14%+169,762+19.6%Added
Acadian Asset Management LLC1,044,658$72.5M0.20%+1,038,137+15,919.9%Added
BNP Paribas Arbitrage, SA1,067,916$74.2M0.06%+487,392+84.0%Added
CI Private Wealth, LLC1,124,418$78.1M0.13%−152,292−11.9%Reduced
Stifel Financial Corp1,187,517$82.5M0.09%−329,650−21.7%Reduced
Bank of Montreal1,228,833$85.3M0.05%−494,104−28.7%Reduced
Mirae Asset Global Investments Co., Ltd.1,594,544$85.4M0.35%+864,579+118.4%Added
Lazard Asset Management LLC1,237,594$85.9M0.13%−30,279−2.4%Reduced
Citigroup Inc1,246,408$86.6M0.07%−365,158−22.7%Reduced
Tiger Global Management LLCSuperinvestorTiger Global Management1,269,000$88.1M0.33%00.0%Unchanged
LPL Financial LLC1,379,207$95.6M0.04%+23,140+1.7%Added
Susquehanna International Group, LLP1,414,913$98.3M0.16%+1,129,205+395.2%Added
UBS Group AG1,433,026$99.5M0.02%−43,612−3.0%Reduced
Ameriprise Financial Inc1,442,295$100.2M0.03%+123,579+9.4%Added
Saratoga Research & Investment Management1,454,160$101.0M5.33%+753,526+107.5%Added
Dimensional Fund Advisors LP1,479,622$102.7M0.03%−4,147−0.3%Reduced
Davenport & Co LLC1,695,522$117.7M0.70%+642,810+61.1%Added
Citadel Advisors LLC1,718,398$119.3M0.12%+1,087,341+172.3%Added
Voloridge Investment Management, LLC1,751,007$121.6M0.45%+298,835+20.6%Added
DSM Capital Partners LLC2,056,587$142.8M2.50%+49,175+2.4%Added