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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
JustInvest LLC127,725$8.87M0.13%+16,567+14.9%Added
Eldred Rock Partners, LLC96,035$8.81M2.69%+20,184+26.6%Added
RSM US Wealth Management LLC123,028$8.68M0.13%−4,936−3.9%Reduced
Bridger Management, LLC121,600$8.44M4.20%+121,600New
London & Capital Asset Management Ltd121,584$8.44M0.72%+6,693+5.8%Added
Rothschild Investment LLC120,840$8.39M0.56%−1,272−1.0%Reduced
Federated Hermes, Inc.119,326$8.29M0.02%−46,122−27.9%Reduced
Leonteq Securities AG118,971$8.26M0.63%−2,018−1.7%Reduced
Aquatic Capital Management LLC118,463$8.23M0.21%+118,463New
Woodmont Investment Counsel LLC118,422$8.22M0.59%+7,871+7.1%Added
Sphera Funds Management Ltd.118,080$8.20M2.02%+20,000+20.4%Added
Heathbridge Capital Management Ltd.117,950$8.19M3.33%−2,250−1.9%Reduced
GQG Partners LLC117,125$8.13M0.01%−12,877,408−99.1%Reduced
Cullen/Frost Bankers, Inc.116,829$8.11M0.11%+1,387+1.2%Added
Busey Wealth Management116,533$8.09M0.27%+10,099+9.5%Added
BFSG, LLC115,507$8.02M0.98%+12,515+12.2%Added
Brown Advisory Inc114,445$7.95M0.01%−1,302−1.1%Reduced
Headinvest, LLC113,976$7.91M1.54%−2,251−1.9%Reduced
SG Americas Securities, LLC113,673$7.89M0.03%+5,948+5.5%Added
Guardian Partners Inc.128,738$7.89M0.82%+1,347+1.1%Added
Hardman Johnston Global Advisors LLC112,656$7.82M0.37%−22,304−16.5%Reduced
Calamos Advisors LLC112,004$7.78M0.04%−34,862−23.7%Reduced
Banco Bilbao Vizcaya Argentaria, S.A.112,023$7.77M0.08%+12,553+12.6%Added
Federation des caisses Desjardins du Quebec108,847$7.56M0.04%+31,293+40.3%Added
Jones Financial Companies LLLP108,640$7.53M0.01%+36,588+50.8%Added
Borer Denton & Associates, Inc.108,333$7.52M2.66%−4,848−4.3%Reduced
Lynch Asset Management, Inc.108,100$7.51M3.37%+1,150+1.1%Added
Armistice Capital, LLC108,000$7.50M0.20%−604,000−84.8%Reduced
Quadrant Capital Group LLC107,817$7.49M0.28%+72,424+204.6%Added
Harbour Trust & Investment Management Co107,261$7.45M0.90%+22,195+26.1%Added
Grimes & Company, Inc.106,953$7.43M0.23%+3,273+3.2%Added
Loring Wolcott & Coolidge Fiduciary Advisors LLP121,030$7.42M0.07%+7,342+6.5%Added
Eagle Global Advisors LLC106,348$7.38M0.30%−3,780−3.4%Reduced
Ritholtz Wealth Management104,309$7.24M0.22%−16,517−13.7%Reduced
Prospera Financial Services Inc102,902$7.15M0.16%+5,701+5.9%Added
Talbot Financial, LLC101,840$7.07M0.89%+54,574+115.5%Added
Nemes Rush Group LLC97,116$6.74M0.85%+13,951+16.8%Added
Hantz Financial Services, Inc.96,935$6.73M0.12%−87,944−47.6%Reduced
Mirae Asset Global ETFs Holdings Ltd.96,487$6.70M0.01%+1,407+1.5%Added
Optiver Holding B.V.96,075$6.67M0.26%−296,994−75.6%Reduced
Allspring Global Investments Holdings, LLC97,847$6.66M0.01%+76,994+369.2%Added
Stansberry Asset Management, LLC94,691$6.58M0.79%+8,090+9.3%Added
NFJ Investment Group, LLC94,015$6.53M0.22%+83,872+826.9%Added
Avantax Advisory Services, Inc.92,809$6.44M0.04%+10,956+13.4%Added
First Trust Advisors LP92,371$6.41M0.01%−487,282−84.1%Reduced
Warren Averett Asset Management, LLC90,961$6.32M0.08%+77,032+553.0%Added
Value Partners Investments Inc.90,525$6.29M0.54%+90,525New
Euro Pacific Asset Management, LLC90,157$6.26M1.14%−1,233−1.3%Reduced
Archon Partners LLC90,000$6.25M0.76%+90,000New
Motley Fool Wealth Management, LLC89,838$6.24M0.37%−12,297−12.0%Reduced
Eastern Bank89,731$6.23M0.12%−719−0.8%Reduced
Adviser Investments LLC88,600$6.15M0.08%−2,223−2.4%Reduced
Smithbridge Asset Management Inc88,531$6.15M1.14%+88,531New
Great Valley Advisor Group, Inc.87,575$6.08M0.13%−2,522−2.8%Reduced
Lester Murray Antman dba SimplyRich86,606$6.01M1.74%+527+0.6%Added
Oak Family Advisors, LLC86,353$6.00M2.49%+86,353New
Boston Common Asset Management, LLC86,187$5.98M0.18%+32,927+61.8%Added
Harbour Investment Management LLC83,461$5.89M2.66%−450−0.5%Reduced
Zevin Asset Management LLC84,691$5.88M0.93%+23,983+39.5%Added
Fundamentun, LLC84,046$5.84M0.31%+32,559+63.2%Added
Segall Bryant & Hamill, LLC83,980$5.83M0.09%−15,203−15.3%Reduced
Knuff & Co LLC83,866$5.82M1.95%+68,792+456.4%Added
RKL Wealth Management LLC83,335$5.79M0.55%−375−0.4%Reduced
Heirloom Wealth Management82,864$5.75M1.65%+2,716+3.4%Added
Bard Financial Services, Inc.81,765$5.68M0.69%−3,625−4.2%Reduced
Smith Chas P & Associates Pa Cpas81,053$5.63M0.33%+81,053New
Wedbush Securities Inc80,918$5.62M0.21%−1,793−2.2%Reduced
TCG Advisory Services, LLC80,448$5.59M0.23%+16,780+26.4%Added
Jarislowsky, Fraser Ltd80,373$5.58M0.03%+2,932+3.8%Added
St Germain D J Co Inc79,740$5.54M0.26%−221−0.3%Reduced
Beutel, Goodman & Co Ltd.79,163$5.50M0.03%+79,163New
Whittier Trust Co of Nevada Inc78,984$5.48M0.14%+5,265+7.1%Added
CWM, LLC78,752$5.47M0.02%−15,842−16.7%Reduced
Evelyn Partners Asset Management Ltd78,703$5.47M1.52%+8,028+11.4%Added
Greenfield Seitz Capital Management, LLC78,650$5.46M2.08%+3,100+4.1%Added
Advisors Asset Management, Inc.77,899$5.41M0.10%−1,340−1.7%Reduced
Procyon Private Wealth Partners, LLC77,227$5.36M0.33%+21,756+39.2%Added
Norman Fields, Gottscho Capital Management, LLC77,212$5.36M1.80%+13,480+21.2%Added
Wendell David Associates Inc76,777$5.33M0.53%−70−0.1%Reduced
Bessemer Group Inc75,758$5.26M0.01%+50.0%Added
Shorepoint Capital Partners LLC75,634$5.25M1.19%+4,389+6.2%Added
Thrivent Financial for Lutherans47,899$5.21M0.01%−72,736−60.3%Reduced
Sit Investment Associates Inc74,655$5.18M0.12%+6,547+9.6%Added
Envestnet Portfolio Solutions, Inc.74,569$5.18M0.02%−42,157−36.1%Reduced
Steward Partners Investment Advisory, LLC74,234$5.15M0.05%−54,746−42.4%Reduced
Kovitz Investment Group Partners, LLC74,182$5.15M0.03%+4,722+6.8%Added
Nilsine Partners, LLC73,843$5.13M0.56%+3,102+4.4%Added
Westpac Banking Corp72,873$5.06M0.37%−2,873−3.8%Reduced
CWA Asset Management Group, LLC72,631$5.04M0.24%+40,987+129.5%Added
Van Hulzen Asset Management, LLC72,190$5.01M0.46%−67−0.1%Reduced
Marex Group plc72,183$5.01M0.10%+21,236+41.7%Added
Pictet North America Advisors SA72,154$5.01M0.50%+16,030+28.6%Added
Ipswich Investment Management Co., Inc.71,825$4.99M1.24%+2,545+3.7%Added
Parallax Volatility Advisers, L.P.71,811$4.99M0.16%−61,276−46.0%Reduced
Private Advisor Group, LLC71,692$4.98M0.03%−6,148−7.9%Reduced
CIBC Asset Management Inc72,424$4.97M0.02%−1,123−1.5%Reduced
Signaturefd, LLC71,058$4.93M0.09%−5,049−6.6%Reduced
Bleakley Financial Group, LLC70,718$4.91M0.16%+625+0.9%Added
Sivik Global Healthcare LLC70,000$4.86M2.66%00.0%Unchanged
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main69,004$4.79M0.01%−1,712−2.4%Reduced