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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
Invesco Ltd.332,224$23.1M0.00%−16,984−4.9%Reduced
Clark Capital Management Group, Inc.319,142$22.2M0.16%+3,250+1.0%Added
IMC-Chicago, LLC314,485$21.8M0.85%+258,480+461.5%Added
Penbrook Management LLC311,400$21.6M16.34%−1,000−0.3%Reduced
Balyasny Asset Management LLC307,409$21.3M0.05%−420,105−57.7%Reduced
Group One Trading, L.P.305,395$21.2M0.88%+98,579+47.7%Added
Sanctuary Advisors, LLC300,376$20.9M0.15%−4,480−1.5%Reduced
Creative Planning300,345$20.9M0.02%−8,277−2.7%Reduced
TownSquare Capital, LLC298,223$20.7M0.22%−61,766−17.2%Reduced
Cetera Investment Advisers296,651$20.6M0.04%+46,169+18.4%Added
CIBC Private Wealth Group, LLC331,663$20.4M0.04%+287,784+655.9%Added
Dillon & Associates Inc295,114$20.4M3.03%+7,638+2.7%Added
Twin Tree Management, LP289,198$20.1M0.44%+289,198New
Martin Investment Management, LLC288,983$20.1M5.06%+6,820+2.4%Added
Alta Capital Management LLC288,587$20.0M1.30%+84,358+41.3%Added
Cutter & CO Brokerage, Inc.282,972$19.6M4.65%−7,129−2.5%Reduced
MML Investors Services, LLC281,687$19.6M0.07%+7,457+2.7%Added
Standard Life Aberdeen plc280,734$19.5M0.04%+20,565+7.9%Added
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
HSBC Holdings PLC278,559$19.2M0.01%−19,915−6.7%Reduced
O'Shaughnessy Asset Management, LLC274,193$19.0M0.15%−15,368−5.3%Reduced
Menora Mivtachim Holdings Ltd.270,168$18.8M0.12%−572,800−68.0%Reduced
Beacon Investment Advisory Services, Inc.267,067$18.5M0.87%−35,166−11.6%Reduced
Dividend Assets Capital, LLC266,187$18.5M3.50%+51,572+24.0%Added
Charles Schwab Investment Management Inc261,243$18.1M0.00%+35,329+15.6%Added
Advisor Group Holdings, Inc.257,812$17.9M0.04%+17,148+7.1%Added
PEAK6 LLC256,783$17.8M0.70%+101,657+65.5%Added
Warther Private Wealth, LLC254,340$17.7M5.88%+242,319+2,015.8%Added
M&T Bank Corp251,085$17.4M0.06%−128,573−33.9%Reduced
Carnegie Capital Asset Management, LLC272,475$17.4M0.41%+73,930+37.2%Added
Y-Intercept (Hong Kong) Ltd247,815$17.2M1.17%+122,734+98.1%Added
Destination Wealth Management244,604$17.0M0.54%+48,461+24.7%Added
Simplex Trading, LLC239,010$16.6M0.59%+239,010New
Quantinno Capital Management LP237,047$16.5M0.11%+25,181+11.9%Added
QRG Capital Management, Inc.231,236$16.1M0.17%−20,600−8.2%Reduced
Tudor Investment Corp Et Al230,073$16.0M0.14%+108,031+88.5%Added
Osterweis Capital Management Inc–$15.9M0.78%––
Wealth Enhancement Advisory Services, LLC228,149$15.8M0.03%−52,664−18.8%Reduced
Russell Investments Group, Ltd.224,340$15.6M0.02%−426,323−65.5%Reduced
Silvercrest Asset Management Group LLC221,418$15.4M0.11%+93,420+73.0%Added
Cim, LLC220,221$15.3M2.27%+8,398+4.0%Added
JLB & Associates Inc219,239$15.2M2.12%+4,874+2.3%Added
Lido Advisors, LLC211,866$14.9M0.09%+38,463+22.2%Added
Scotia Capital Inc.212,210$14.7M0.08%−73,581−25.7%Reduced
Guardian Capital LP211,795$14.7M0.58%+343+0.2%Added
Vontobel Holding Ltd.210,385$14.6M0.05%−52,817−20.1%Reduced
Walter Public Investments Inc.209,977$14.6M2.72%+10,920+5.5%Added
Capital World Investors207,770$14.4M0.00%−4,238,249−95.3%Reduced
Quantitative Investment Management, LLC207,314$14.4M1.32%+159,638+334.8%Added
Moran Wealth Management, LLC206,374$14.3M0.48%−166,319−44.6%Reduced
Nomura Holdings Inc202,851$14.1M0.08%+50,057+32.8%Added
Palisade Capital Management LLC200,972$14.0M0.40%+3,676+1.9%Added
Trillium Asset Management, LLC199,435$13.8M0.40%−32,731−14.1%Reduced
Meritage Portfolio Management193,692$13.4M0.89%−5,395−2.7%Reduced
Walleye Capital LLC190,954$13.3M0.15%+28,867+17.8%Added
Clifford Swan Investment Counsel LLC189,672$13.2M0.49%−828−0.4%Reduced
Captrust Financial Advisors188,742$13.1M0.03%+52,156+38.2%Added
Altrafin AG188,583$13.1M5.09%+52,137+38.2%Added
Hutchinson Capital Management186,868$13.0M2.48%+11,217+6.4%Added
RPG Investment Advisory, LLC185,138$12.9M0.92%+101,994+122.7%Added
Atria Investments LLC181,330$12.6M0.16%+25,292+16.2%Added
Choate Investment Advisors181,059$12.6M0.31%+134,196+286.4%Added
Neuberger Berman Group LLC179,658$12.5M0.01%−102,425−36.3%Reduced
Wesbanco Bank Inc177,801$12.3M0.43%+74,685+72.4%Added
South Street Advisors LLC174,001$12.1M1.98%+6,840+4.1%Added
Walleye Trading LLC171,416$11.9M0.34%+132,838+344.3%Added
Mercer Global Advisors Inc171,048$11.9M0.03%−22,970−11.8%Reduced
Baldwin Brothers Inc169,516$11.8M0.83%+120,808+248.0%Added
Fiduciary Trust Co167,195$11.6M0.15%−30,371−15.4%Reduced
Glenmede Trust Co NA165,835$11.5M0.06%−131,757−44.3%Reduced
Beese Fulmer Investment Management, Inc.165,538$11.5M0.99%+670+0.4%Added
Atwater Malick LLC163,869$11.4M3.85%+1,641+1.0%Added
Ethic Inc.165,133$11.2M0.23%−6,489−3.8%Reduced
Cambridge Investment Research Advisors, Inc.160,726$11.2M0.04%−26,945−14.4%Reduced
Segment Wealth Management, LLC156,917$10.9M0.74%+6,879+4.6%Added
Schonfeld Strategic Advisors LLC156,635$10.9M0.07%+156,635New
Kestra Advisory Services, LLC156,530$10.9M0.05%+17,562+12.6%Added
Kornitzer Capital Management Inc155,858$10.8M0.22%+396+0.3%Added
Janney Montgomery Scott LLC154,418$10.7M0.03%−40,766−20.9%Reduced
Evergreen Capital Management LLC151,393$10.7M0.36%+119,688+377.5%Added
Deutsche Bank AG150,634$10.5M0.00%+2,152+1.4%Added
Northstar Asset Management Inc148,376$10.3M3.05%+5,619+3.9%Added
Stephens Inc147,688$10.3M0.15%+44,270+42.8%Added
Massachusetts Financial Services Co141,053$9.79M0.00%+40,945+40.9%Added
LHM, Inc.138,451$9.73M3.22%+138,451New
W.G. Shaheen & Associates DBA Whitney & Co138,977$9.65M1.03%+138,977New
AXA S.A.137,527$9.55M0.03%−30,668−18.2%Reduced
Obermeyer Wood Investment Counsel, LLLP136,174$9.46M0.50%+6,070+4.7%Added
Birch Capital Management, LLC135,994$9.44M4.91%+1,371+1.0%Added
DRW Securities, LLC135,400$9.40M0.80%+117,400+652.2%Added
Level Four Advisory Services, LLC134,903$9.37M0.39%+53,744+66.2%Added
Wiley Bros.-Aintree Capital, LLC131,677$9.12M0.10%+3,332+2.6%Added
Marietta Investment Partners LLC131,244$9.11M2.20%−14,454−9.9%Reduced
Cabot Wealth Management Inc130,729$9.08M1.16%+9,534+7.9%Added
Hikari Power Ltd130,300$9.05M0.72%00.0%Unchanged
Oppenheimer & Co Inc129,517$8.99M0.14%−8,549−6.2%Reduced
F/M Investments LLC128,984$8.96M0.36%−1,382−1.1%Reduced
Banco Santander, S.A.128,391$8.92M0.10%+55,358+75.8%Added
Beacon Pointe Advisors, LLC128,159$8.90M0.10%+90,259+238.2%Added