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: 1,746 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
Farther Finance Advisors, LLC69,344$4.72M0.12%+19,061+37.9%Added
Exchange Traded Concepts, LLC67,869$4.71M0.08%−2,636−3.7%Reduced
Equitable Trust Co67,127$4.66M0.26%−15,504−18.8%Reduced
Congress Wealth Management LLC64,914$4.63M0.06%+46,835+259.1%Added
M. Kulyk & Associates, LLC65,897$4.58M1.05%+62,715+1,970.9%Added
Private Wealth Partners, LLC65,860$4.57M0.38%+16,560+33.6%Added
Channel Wealth LLC65,584$4.55M1.42%+16,165+32.7%Added
Geo Capital Gestora de Recursos Ltd65,515$4.55M6.44%−5,826−8.2%Reduced
Prime Capital Investment Advisors, LLC65,221$4.53M0.05%+2,609+4.2%Added
EagleClaw Capital Managment, LLC65,150$4.52M0.71%−700−1.1%Reduced
Gerber Kawasaki Wealth & Investment Management65,093$4.52M0.20%−18,218−21.9%Reduced
Benson Investment Management Company, Inc.65,019$4.51M1.97%+65,019New
McKinley Carter Wealth Services, Inc.64,658$4.49M0.28%+234+0.4%Added
Engineers Gate Manager LP64,379$4.47M0.08%+17,627+37.7%Added
Spears Abacus Advisors LLC63,825$4.43M0.10%+27,148+74.0%Added
Aperture Investors, LLC63,804$4.43M0.67%+9,344+17.2%Added
Rhumbline Advisers63,539$4.41M0.00%+5,898+10.2%Added
Compagnie Lombard Odier SCmA63,230$4.39M0.05%−4,515−6.7%Reduced
Hemenway Trust Co LLC63,080$4.38M0.36%+52,324+486.5%Added
Quantbot Technologies LP63,017$4.38M0.14%+63,017New
Hussman Strategic Advisors, Inc.63,000$4.37M1.06%00.0%Unchanged
Stokes Capital Advisors, LLC62,602$4.35M1.11%+48,947+358.5%Added
AQR Capital Management LLC62,099$4.31M0.00%+10,758+21.0%Added
Independent Advisor Alliance61,663$4.28M0.14%−10,979−15.1%Reduced
Venture Visionary Partners LLC61,499$4.27M0.18%+57,812+1,568.0%Added
CAPROCK Group, Inc.60,404$4.26M0.13%−1,861−3.0%Reduced
Whittier Trust Co61,080$4.24M0.06%+1,894+3.2%Added
Cresset Asset Management, LLC60,066$4.24M0.02%+3,230+5.7%Added
Victory Capital Management Inc60,750$4.22M0.00%−2,147−3.4%Reduced
Condor Capital Management60,674$4.21M0.39%+828+1.4%Added
Keybank National Association59,775$4.15M0.02%−6,722−10.1%Reduced
HRT Financial LP59,564$4.14M0.03%+10,089+20.4%Added
Kestra Private Wealth Services, LLC59,531$4.13M0.07%+10,891+22.4%Added
Charter Trust Co58,817$4.08M0.27%−18,182−23.6%Reduced
New York State Common Retirement Fund57,939$4.02M0.01%−73,297−55.9%Reduced
Americana Partners, LLC57,709$4.01M0.16%+2,609+4.7%Added
NewEdge Wealth, LLC57,661$4.00M0.07%+16,887+41.4%Added
Brookmont Capital Management57,632$4.00M2.26%+13,323+30.1%Added
B&L Asset Management LLC57,631$4.00M2.62%−277−0.5%Reduced
Round Hill Asset Management57,629$4.00M2.88%−270−0.5%Reduced
Capital Research Global Investors57,530$3.99M0.00%+9,280+19.2%Added
Capital International Inc57,121$3.97M0.05%−9,327−14.0%Reduced
Sawyer & Company, Inc56,968$3.96M1.60%−723−1.3%Reduced
XXEC, Inc.56,429$3.92M3.40%+38,102+207.9%Added
Roundview Capital LLC56,419$3.92M0.28%+1,681+3.1%Added
TD Waterhouse Canada Inc.57,635$3.92M0.03%−54,195−48.5%Reduced
Pittenger & Anderson Inc56,342$3.91M0.14%−4,111−6.8%Reduced
Brown, Lisle/Cummings, Inc.55,929$3.88M1.13%+7,071+14.5%Added
Wisconsin Capital Management LLC55,469$3.85M2.45%−7,710−12.2%Reduced
Capital Insight Partners, LLC55,307$3.84M0.67%+3,095+5.9%Added
Sapient Capital LLC54,298$3.83M0.08%−597,557−91.7%Reduced
Fortis Capital Management LLC55,188$3.83M0.75%+9,300+20.3%Added
Zions Bancorporation, National Association54,396$3.78M0.24%+54,396New
Sendero Wealth Management, LLC54,272$3.77M0.52%+7,859+16.9%Added
Naviter Wealth, LLC54,373$3.77M0.46%−7,285−11.8%Reduced
Azzad Asset Management Inc53,530$3.72M0.44%+53,530New
Advisory Services Network, LLC53,461$3.71M0.07%−14,365−21.2%Reduced
Henry James International Management, Inc.52,110$3.62M1.24%−39−0.1%Reduced
Wilson & Boucher Capital Management, LLC52,018$3.61M2.69%−2,620−4.8%Reduced
Crossmark Global Holdings, Inc.51,937$3.61M0.06%+841+1.6%Added
Ingalls & Snyder LLC51,811$3.60M0.12%−835−1.6%Reduced
RMB Capital Management, LLC51,146$3.60M0.09%+39,514+339.7%Added
Coldstream Capital Management Inc51,717$3.59M0.08%+31,000+149.6%Added
Equitable Holdings, Inc.51,417$3.57M0.03%+141+0.3%Added
Eukles Asset Management51,312$3.56M1.56%+1,667+3.4%Added
Vident Advisory, LLC51,146$3.55M0.05%+9,685+23.4%Added
Hayek Kallen Investment Management50,996$3.54M1.30%−4,224−7.6%Reduced
South State Corp.49,986$3.47M0.16%+735+1.5%Added
FORA Capital, LLC49,673$3.45M0.35%+13,917+38.9%Added
Bradley Foster & Sargent Inc49,649$3.45M0.06%−8,115−14.0%Reduced
Arlington Partners LLC49,345$3.43M1.34%+19,933+67.8%Added
Cardinal Capital Management48,415$3.42M0.53%+140.0%Added
Apollon Wealth Management, LLC49,192$3.42M0.08%+4,964+11.2%Added
Voya Investment Management LLC49,175$3.41M0.00%−70−0.1%Reduced
Blair William & Co49,019$3.40M0.01%−14,954−23.4%Reduced
RFG Advisory, LLC48,810$3.39M0.09%+36,786+305.9%Added
Parallel Advisors, LLC48,171$3.35M0.08%+52+0.1%Added
Ssa Swiss Advisors AG47,056$3.27M1.68%+47,056New
EP Wealth Advisors, LLC46,897$3.26M0.03%−11,208−19.3%Reduced
Meridian Investment Counsel Inc.46,247$3.21M0.95%+550+1.2%Added
Sage Capital Advisors,llc46,234$3.21M0.84%+46,234New
Fifth Third Bancorp46,071$3.20M0.01%−2,172−4.5%Reduced
Vestmark Advisory Solutions, Inc.46,036$3.20M0.08%+19,413+72.9%Added
Empowered Funds, LLC45,470$3.16M0.04%+45,470New
MAI Capital Management45,367$3.15M0.02%−310−0.7%Reduced
Regions Financial Corp45,057$3.13M0.02%+800+1.8%Added
Campbell & CO Investment Adviser LLC44,969$3.12M0.24%+39,923+791.2%Added
Bennett Selby Investments LP44,876$3.12M1.23%+16,651+59.0%Added
Portside Wealth Group, LLC44,552$3.09M0.51%−9,133−17.0%Reduced
Threadgill Financial, LLC44,339$3.08M1.65%+44,339New
Sentinel Trust Co Lba44,172$3.07M0.36%−194−0.4%Reduced
Concurrent Investment Advisors, LLC43,856$3.05M0.07%+8,807+25.1%Added
Verdence Capital Advisors LLC43,783$3.04M0.23%−4,684−9.7%Reduced
Bartlett & Co. Wealth Management LLC42,886$3.03M0.04%−28,859−40.2%Reduced
Beverly Hills Private Wealth, LLC43,203$3.00M0.59%+7,048+19.5%Added
Snowden Capital Advisors LLC42,480$3.00M0.10%−6,953−14.1%Reduced
Wealth Advisory Solutions, LLC42,537$2.95M0.78%+3,103+7.9%Added
Pinnacle Associates Ltd42,530$2.95M0.04%+1,063+2.6%Added
Verition Fund Management LLC42,449$2.95M0.02%+36,830+655.5%Added
CMT Capital Markets Trading GmbH42,446$2.95M1.22%+42,446New