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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: 1,746 institutionsQ2 2024: 1,867 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 20241,867$47.9B
Q1 20241,746$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
Berbice Capital Management LLC200$13.9K0.01%+200New
Operose Advisors LLC203$14.1K0.00%00.0%Unchanged
Global Wealth Strategies & Associates205$14.2K0.00%−84−29.1%Reduced
TD Capital Management LLC208$14.5K0.00%00.0%Unchanged
Bank of Jackson Hole Trust160$14.5K0.01%00.0%Unchanged
Hemington Wealth Management218$15.0K0.00%00.0%Unchanged
MJT & Associates Financial Advisory Group, Inc.224$15.6K0.01%+224New
PSI Advisors, LLC225$15.6K0.01%00.0%Unchanged
Runnymede Capital Advisors, Inc.225$15.6K0.01%00.0%Unchanged
Bruce G. Allen Investments, LLC230$16.0K0.01%−6−2.5%Reduced
CVA Family Office, LLC230$16.0K0.00%00.0%Unchanged
Bullock Wealth Management Group241$16.4K0.01%−2,765−92.0%Reduced
Vermillion & White Wealth Management Group, LLC236$16.4K0.01%00.0%Unchanged
Pingora Partners LLC240$16.7K0.01%+50+26.3%Added
Abound Wealth Management241$16.7K0.01%−13−5.1%Reduced
Newbridge Financial Services Group, Inc.247$17.2K0.00%−301−54.9%Reduced
Piscataqua Savings Bank250$17.4K0.02%00.0%Unchanged
Crowley Wealth Management, Inc.250$17.4K0.02%00.0%Unchanged
Innovative Advisory Group, LLC250$17.4K0.02%00.0%Unchanged
Capital A Wealth Management, LLC253$17.6K0.02%00.0%Unchanged
Evermay Wealth Management LLC250$17.6K0.00%00.0%Unchanged
Strengthening Families & Communities, LLC124$17.7K0.01%+124New
Bank & Trust Co257$17.8K0.01%+96+59.6%Added
MPWM Advisory Solutions, LLC260$18.1K0.01%00.0%Unchanged
Atlas Capital Advisors LLC268$18.6K0.00%−5,704−95.5%Reduced
Pacific Center for Financial Services270$18.7K0.00%00.0%Unchanged
CNB Bank280$19.4K0.01%00.0%Unchanged
Sachetta, LLC286$20.2K0.01%00.0%Unchanged
Stonebridge Financial Group, LLC297$20.6K0.00%+245+471.2%Added
Citizens National Bank Trust Department300$20.8K0.00%00.0%Unchanged
ORG Wealth Partners, LLC308$20.9K0.01%−1,202−79.6%Reduced
Kathleen S. Wright Associates Inc.302$21.0K0.01%00.0%Unchanged
Johnson Financial Group, Inc.300$21.2K0.00%00.0%Unchanged
Valued Wealth Advisors LLC301$21.2K0.01%00.0%Unchanged
Park Square Financial Group, LLC309$21.5K0.02%−29−8.6%Reduced
IAG Wealth Partners, LLC326$22.6K0.00%00.0%Unchanged
Ritter Daniher Financial Advisory LLC350$24.3K0.01%00.0%Unchanged
First Command Advisory Services, Inc.351$24.4K0.00%+327+1,362.5%Added
Raffa Wealth Management, LLC353$24.5K0.01%−55−13.5%Reduced
Albion Financial Group353$24.5K0.00%−154−30.4%Reduced
Bell Investment Advisors, Inc374$26.0K0.00%+51+15.8%Added
Prestige Wealth Management Group LLC379$26.8K0.01%00.0%Unchanged
Transce3nd, LLC389$27.0K0.01%00.0%Unchanged
North Capital, Inc.392$27.2K0.03%+392New
Copeland Capital Management, LLC393$27.3K0.00%+255+184.8%Added
Cypress Capital Management LLC (WY)400$27.8K0.03%−150−27.3%Reduced
Capital Analysts, LLC404$28.0K0.00%−100−19.8%Reduced
Pin Oak Investment Advisors Inc439$29.0K0.02%00.0%Unchanged
Ameritas Investment Partners, Inc.422$29.3K0.00%00.0%Unchanged
Stone House Investment Management, LLC432$30.0K0.01%+432New
Hartford Financial Management Inc.432$30.0K0.01%00.0%Unchanged
Roble, Belko & Company, Inc433$30.0K0.00%00.0%Unchanged
Armstrong Advisory Group, Inc360$31.0K0.00%00.0%Unchanged
GW&K Investment Management, LLC442$31.0K0.00%−239−35.1%Reduced
Kelly Lawrence W & Associates Inc450$31.2K0.01%00.0%Unchanged
Kozak & Associates, Inc.480$31.7K0.01%00.0%Unchanged
FWL Investment Management, LLC457$31.7K0.01%00.0%Unchanged
Salomon & Ludwin, LLC460$31.9K0.00%−22−4.6%Reduced
Atlantic Edge Private Wealth Management, LLC475$33.0K0.01%+150+46.2%Added
Red Tortoise LLC476$33.1K0.02%−250−34.4%Reduced
Disciplina Capital Management LLC480$33.3K0.00%+297+162.3%Added
Medallion Wealth Advisors, LLC488$33.4K0.02%+172+54.4%Added
Tortoise Investment Management, LLC489$34.0K0.00%00.0%Unchanged
Plante Moran Financial Advisors, LLC490$34.0K0.00%−131−21.1%Reduced
Indiana Trust & Investment Management CO491$34.1K0.01%00.0%Unchanged
POM Investment Strategies, LLC494$34.3K0.04%00.0%Unchanged
Hoese & Co LLP500$34.7K0.03%00.0%Unchanged
Spirit of America Management Corp500$34.7K0.01%+500New
DAGCO, Inc.500$34.7K0.01%+500New
Glass Jacobson Investment Advisors llc410$35.3K0.01%00.0%Unchanged
Chelsea Counsel Co500$35.3K0.02%00.0%Unchanged
CX Institutional522$36.0K0.00%+522New
Catalyst Capital Advisors LLC525$36.5K0.00%−5,275−90.9%Reduced
Binnacle Investments Inc526$36.5K0.03%+526New
Hager Investment Management Services, LLC530$36.8K0.03%00.0%Unchanged
DT Investment Partners, LLC542$37.6K0.00%00.0%Unchanged
Washington Trust Co545$37.8K0.00%+42+8.3%Added
Financial Management Professionals, Inc.548$38.1K0.00%−254−31.7%Reduced
Caldwell Sutter Capital, Inc.548$38.1K0.02%+236+75.6%Added
State of Wyoming550$38.2K0.01%+550New
Aventura Private Wealth, LLC551$38.3K0.02%−277−33.5%Reduced
Atwood & Palmer Inc559$38.8K0.00%00.0%Unchanged
Halbert Hargrove Global Advisors, LLC561$39.0K0.00%+12+2.2%Added
Fourth Dimension Wealth, LLC580$40.3K0.02%+100+20.8%Added
Highline Wealth Partners LLC583$40.5K0.01%00.0%Unchanged
Granite FO LLC590$41.0K0.02%00.0%Unchanged
Zurcher Kantonalbank (Zurich Cantonalbank)592$41.1K0.00%+592New
WealthCollab, LLC598$41.5K0.03%−155−20.6%Reduced
Graney & King, LLC607$42.1K0.03%00.0%Unchanged
Trifecta Capital Advisors, LLC616$42.8K0.01%+6+1.0%Added
TSFG, LLC651$45.0K0.01%+7+1.1%Added
Macquarie Group Ltd652$45.0K0.00%+549+533.0%Added
Accent Capital Management, LLC642$45.3K0.03%+274+74.5%Added
Dogwood Wealth Management LLC650$45.9K0.02%+650New
Wayfinding Financial, LLC657$46.0K0.02%+657New
ORG Partners LLC700$47.6K0.01%−303−30.2%Reduced
Creative Financial Designs Inc713$49.5K0.00%−3,619−83.5%Reduced
Quent Capital, LLC726$50.4K0.01%00.0%Unchanged
Silicon Valley Capital Partners738$51.2K0.01%00.0%Unchanged
Cornerstone Planning Group LLC842$51.6K0.01%+533+172.5%Added