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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
Kuhn & Co Investment Counsel3,885$269.8K0.23%+85+2.2%Added
Family Management Corp3,899$270.7K0.04%+520+15.4%Added
Aegis Wealth Management LLC3,902$271.0K0.16%−1,662−29.9%Reduced
LCM Capital Management Inc3,921$272.3K0.16%+61+1.6%Added
Gratus Wealth Advisors, LLC3,922$272.3K0.04%+269+7.4%Added
Tucker Asset Management LLC3,929$272.8K0.09%−573−12.7%Reduced
Key Financial Inc3,932$273.0K0.06%00.0%Unchanged
Ameritas Advisory Services, LLC3,528$273.5K0.01%−7,472−67.9%Reduced
Garden State Investment Advisory Services LLC3,892$273.7K0.09%+273+7.5%Added
Cannon Advisors, Inc.3,948$274.1K0.25%+209+5.6%Added
Larson Financial Group LLC3,992$277.2K0.01%+603+17.8%Added
Fca Corp4,000$277.8K0.09%00.0%Unchanged
Miracle Mile Advisors, LLC4,002$277.9K0.01%+4,002New
Linden Thomas Advisory Services, LLC4,011$278.5K0.04%+456+12.8%Added
Redmond Asset Management, LLC4,039$280.5K0.07%00.0%Unchanged
Diversified Trust Co4,044$280.8K0.01%+798+24.6%Added
Bulltick Wealth Management, LLC3,983$281.1K0.07%−2,565−39.2%Reduced
Moneta Group Investment Advisors LLC4,060$282.0K0.00%−182−4.3%Reduced
Strategy Asset Managers LLC4,084$283.6K0.06%00.0%Unchanged
Concorde Asset Management, LLC4,359$283.7K0.15%00.0%Unchanged
Texas Capital Bancshares Inc4,095$284.4K0.12%+885+27.6%Added
Howland Capital Management LLC4,045$285.5K0.01%−2,351−36.8%Reduced
Everpar Advisors LLC4,115$285.7K0.15%+728+21.5%Added
Abbot Financial Management, Inc.4,132$286.9K0.15%+75+1.8%Added
Sax Wealth Advisors, LLC4,142$287.6K0.02%−298−6.7%Reduced
Encompass More Asset Management4,164$289.1K0.09%+767+22.6%Added
Wimmer Associates 1, LLC4,425$289.4K0.15%−360−7.5%Reduced
Wolf Group Capital Advisors4,172$289.7K0.10%+4,172New
Fifth Third Wealth Advisors LLC4,179$290.2K0.02%+1,064+34.2%Added
Ariadne Wealth Management, LP4,429$291.3K0.15%−69−1.5%Reduced
Werba Rubin Papier Wealth Management4,205$292.0K0.06%−365−8.0%Reduced
Brandywine Managers, LLC4,222$293.2K0.35%00.0%Unchanged
Colorado Capital Management, Inc.4,229$294.0K0.14%00.0%Unchanged
Princeton Global Asset Management LLC4,250$295.1K0.06%+1,469+52.8%Added
Badgley Phelps Wealth Managers, LLC4,187$295.5K0.01%−263−5.9%Reduced
Canandaigua National Bank & Trust Co4,273$296.7K0.03%−8,296−66.0%Reduced
Aspen Grove Capital, LLC4,223$297.5K0.06%−119−2.7%Reduced
Wealthcare Advisory Partners LLC4,286$297.6K0.01%−21,139−83.1%Reduced
Hollencrest Capital Management4,305$298.9K0.01%−251−5.5%Reduced
Ledyard National Bank4,322$300.1K0.03%+48+1.1%Added
Annex Advisory Services, LLC4,330$300.7K0.01%−722−14.3%Reduced
Stock Yards Bank & Trust Co4,347$301.9K0.01%−257−5.6%Reduced
Abundance Wealth Counselors4,343$302.0K0.06%+55+1.3%Added
EverSource Wealth Advisors, LLC4,380$304.1K0.02%−1,037−19.1%Reduced
Knights of Columbus Asset Advisors LLC4,386$304.6K0.02%−212−4.6%Reduced
Notis-McConarty Edward4,410$306.2K0.16%+4,410New
Painted Porch Advisors LLC4,412$306.4K0.13%−500−10.2%Reduced
Cable Hill Partners, LLC4,612$306.5K0.03%−3,474−43.0%Reduced
Gryphon Financial Partners LLC4,431$307.7K0.04%+1,045+30.9%Added
AMG National Trust Bank4,449$308.9K0.01%+13+0.3%Added
Capital Investment Counsel, Inc4,500$312.5K0.05%00.0%Unchanged
Western Wealth Management, LLC4,539$315.2K0.02%−55−1.2%Reduced
Essex LLC4,551$316.0K0.07%00.0%Unchanged
Grassi Investment Management4,570$317.0K0.03%+2,070+82.8%Added
Aprio Wealth Management, LLC4,566$317.1K0.04%+499+12.3%Added
Opinicus Capital, Inc.4,593$318.9K0.28%+1,054+29.8%Added
Foster Dykema Cabot & Partners, LLC4,526$319.5K0.03%+166+3.8%Added
LJI Wealth Management, LLC4,630$321.5K0.06%+700+17.8%Added
Money Concepts Capital Corp4,637$322.0K0.02%−258−5.3%Reduced
Perennial Investment Advisors, LLC4,673$324.5K0.04%+4,673New
Granite Group Advisors, LLC4,674$324.6K0.23%00.0%Unchanged
Cumberland Partners Ltd4,679$324.9K0.03%−25,000−84.2%Reduced
Kingswood Wealth Advisors, LLC4,710$326.2K0.03%−4,112−46.6%Reduced
Park National Corp4,713$327.3K0.01%−53−1.1%Reduced
Hobbs Group Advisors, LLC4,760$330.5K0.13%−4,766−50.0%Reduced
GHP Investment Advisors, Inc.4,771$331.3K0.02%+33+0.7%Added
CoreFirst Bank & Trust4,785$332.3K0.21%00.0%Unchanged
Baker Chad R4,815$334.4K0.07%−345−6.7%Reduced
Accretive Wealth Partners, LLC5,045$334.4K0.12%−1,000−16.5%Reduced
Ocean Capital Management, LLC4,821$334.8K0.08%+30+0.6%Added
Insight Advisors, LLC4,826$335.1K0.06%−1,999−29.3%Reduced
Douglas Lane & Associates, LLC4,860$337.5K0.00%00.0%Unchanged
Tradewinds Capital Management, LLC4,860$337.5K0.09%−124−2.5%Reduced
Ci Investments Inc.4,881$339.0K0.00%−191,554−97.5%Reduced
Jump Financial, LLC4,900$340.3K0.01%+4,900New
First Affirmative Financial Network4,903$340.5K0.21%+259+5.6%Added
Marshall Financial Group LLC4,912$341.1K0.07%−1,373−21.8%Reduced
Avestar Capital, LLC4,833$341.1K0.03%−2,219−31.5%Reduced
Mosaic Financial Group, LLC4,919$342.0K0.28%+63+1.3%Added
Hodges Capital Management Inc.4,989$346.0K0.03%−18,725−79.0%Reduced
Security Financial Services, INC.5,003$347.4K0.07%+1,631+48.4%Added
180 Wealth Advisors, LLC5,014$348.2K0.06%+173+3.6%Added
Capital Group Investment Management Pte. Ltd.5,019$348.5K0.07%00.0%Unchanged
Abel Hall, LLC5,021$348.7K0.21%−992−16.5%Reduced
Flputnam Investment Management Co5,066$351.8K0.01%−629−11.0%Reduced
Hanson & Doremus Investment Management5,076$352.0K0.05%00.0%Unchanged
Mayflower Financial Advisors, LLC5,074$352.4K0.05%−2,539−33.4%Reduced
Blue Barn Wealth, LLC5,114$355.1K0.19%−1,495−22.6%Reduced
Alpine Bank Wealth Management5,118$355.4K0.06%+5,118New
Heron Bay Capital Management5,128$356.1K0.07%+5,128New
Patton Albertson Miller Group, LLC5,130$356.2K0.05%−350−6.4%Reduced
Crestwood Advisors Group LLC5,148$357.5K0.01%−313−5.7%Reduced
Harbour Capital Advisors, LLC5,340$358.3K0.09%−2,309−30.2%Reduced
Capital Market Strategies LLC5,161$358.4K0.24%−936−15.4%Reduced
Quadcap Wealth Management, LLC5,179$359.6K0.05%+1,556+42.9%Added
Bank Ozk5,182$359.8K0.15%−16,331−75.9%Reduced
Hancock Whitney Corp5,235$363.5K0.01%−21−0.4%Reduced
Aspiriant, LLC5,259$365.2K0.01%+34+0.7%Added
Continuum Advisory, LLC5,267$365.7K0.05%−95−1.8%Reduced
Drive Wealth Management, LLC5,207$367.2K0.09%−1,492−22.3%Reduced