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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
Haverford Trust Co26,412$1.83M0.02%−427−1.6%Reduced
D.A. Davidson & Co.26,327$1.83M0.01%−6,052−18.7%Reduced
Cloverfields Capital Group, LP26,189$1.82M0.60%+313+1.2%Added
Harrington Investments, INC25,954$1.80M1.02%−221−0.8%Reduced
Checchi Capital Advisers, LLC25,950$1.80M0.13%+641+2.5%Added
Wealthspire Advisors, LLC25,884$1.80M0.01%+13,009+101.0%Added
Benjamin Edwards Inc25,793$1.79M0.03%−1,132−4.2%Reduced
Live Oak Private Wealth LLC25,730$1.79M0.29%+10,137+65.0%Added
Sofos Investments, Inc.25,730$1.79M0.39%+25,730New
Personal Cfo Solutions, LLC25,720$1.79M0.36%−1,411−5.2%Reduced
Ieq Capital, LLC25,686$1.78M0.01%−9,745−27.5%Reduced
Princeton Capital Management LLC25,668$1.78M0.63%−22,619−46.8%Reduced
Donaldson Capital Management, LLC25,478$1.77M0.07%−90.0%Reduced
Cox Capital Mgt LLC25,455$1.77M1.29%+11,363+80.6%Added
Guardcap Asset Management Ltd25,383$1.76M0.03%+4,933+24.1%Added
Global Trust Asset Management, LLC25,296$1.76M1.07%−558−2.2%Reduced
GSB Wealth Management, LLC25,194$1.75M0.46%+800+3.3%Added
Marshall Wace, LLP25,125$1.74M0.00%−1,142,373−97.8%Reduced
Mission Wealth Management, LP25,108$1.74M0.04%−386−1.5%Reduced
Bristlecone Advisors, LLC24,869$1.73M0.14%+12,576+102.3%Added
Natixis24,917$1.71M0.01%−2,881−10.4%Reduced
Sterling Capital Management LLC24,587$1.71M0.03%+6,110+33.1%Added
Puzo Michael J24,550$1.70M0.49%+19,050+346.4%Added
Diamant Asset Management, Inc.24,490$1.70M1.29%+790+3.3%Added
Kayne Anderson Rudnick Investment Management LLC24,346$1.69M0.00%−1,427−5.5%Reduced
Diadema Partners LP24,618$1.68M1.34%+24,618New
Three Bridge Wealth Advisors, LLC23,665$1.67M0.58%+11,107+88.4%Added
Connor, Clark & Lunn Investment Management Ltd.23,859$1.66M0.01%−33,618−58.5%Reduced
Dynamic Advisor Solutions LLC23,838$1.66M0.05%−642−2.6%Reduced
Salem Investment Counselors Inc23,475$1.65M0.06%+1,549+7.1%Added
Syon Capital LLC23,761$1.65M0.13%−1,518−6.0%Reduced
Forum Financial Management, LP23,741$1.65M0.03%−156−0.7%Reduced
Exencial Wealth Advisors, LLC23,601$1.64M0.06%+507+2.2%Added
Schroder Investment Management Group23,615$1.64M0.00%+17,210+268.7%Added
Hikari Tsushin, Inc.23,512$1.63M0.11%00.0%Unchanged
Fullcircle Wealth LLC26,038$1.63M0.67%+6,292+31.9%Added
Flow Traders U.S. LLC23,464$1.63M0.07%+23,464New
Cavalier Investments, LLC23,389$1.62M0.55%−40−0.2%Reduced
Rossmore Private Capital23,305$1.62M0.20%+112+0.5%Added
Delta Financial Group, Inc.21,269$1.60M0.37%−200−0.9%Reduced
Freedom Day Solutions, LLC23,066$1.60M0.49%−1,684−6.8%Reduced
Commerce Bank23,056$1.60M0.01%−8,603−27.2%Reduced
Texas Yale Capital Corp.23,041$1.60M0.07%−10,180−30.6%Reduced
Henshaw Capital LLC22,989$1.60M0.07%+8,192+55.4%Added
Nia Impact Advisors, LLC22,900$1.59M0.59%−300−1.3%Reduced
Calamos Wealth Management LLC22,764$1.58M0.08%+3,351+17.3%Added
Alliancebernstein L.P.22,671$1.57M0.00%−343−1.5%Reduced
Bank Hapoalim BM22,535$1.56M0.23%+13,925+161.7%Added
Capital Advisors Inc22,410$1.56M0.03%−42,773−65.6%Reduced
Baldwin Investment Management, LLC22,315$1.55M0.19%+575+2.6%Added
Clearstead Advisors, LLC22,310$1.55M0.02%−604−2.6%Reduced
Ashton Thomas Private Wealth, LLC21,940$1.55M0.06%−424−1.9%Reduced
Freestone Capital Holdings, LLC22,249$1.54M0.06%−10,471−32.0%Reduced
Callan Capital, LLC22,223$1.54M0.11%−3,096−12.2%Reduced
Ramirez Asset Management, Inc.22,122$1.54M0.32%−211−0.9%Reduced
Icon Wealth Advisors, LLC22,066$1.53M0.13%−16,452−42.7%Reduced
Hunter Associates Investment Management LLC21,923$1.52M0.23%+45+0.2%Added
Integrity Alliance, LLC.21,916$1.52M0.06%+21,916New
Human Investing LLC21,898$1.52M0.27%−108−0.5%Reduced
Ellevest, Inc.21,690$1.51M0.10%−954−4.2%Reduced
Aaron Wealth Advisors21,682$1.51M0.17%+110+0.5%Added
Pecaut & Co.21,587$1.50M0.51%+21,587New
Signet Investment Advisory Group, Inc.21,575$1.50M0.76%00.0%Unchanged
Welch & Forbes LLC21,546$1.50M0.02%+370+1.7%Added
AAFMAA Wealth Management & Trust LLC21,452$1.49M0.68%+4,095+23.6%Added
Frank, Rimerman Advisors LLC21,442$1.49M0.12%−199−0.9%Reduced
Schechter Investment Advisors, LLC21,440$1.49M0.12%−11,403−34.7%Reduced
First American Trust, FSB21,403$1.49M0.14%−22,145−50.9%Reduced
NBT Bank N A21,400$1.49M0.11%00.0%Unchanged
Claro Advisors LLC21,385$1.48M0.20%+113+0.5%Added
Delaney Dennis R21,360$1.48M0.81%+7,820+57.8%Added
Martin Capital Partners, LLC21,150$1.47M1.76%+21,150New
Hourglass Capital, LLC20,820$1.45M0.38%+1,870+9.9%Added
Eqis Capital Management, Inc.20,804$1.44M0.12%+3,406+19.6%Added
Logan Capital Management Inc20,781$1.44M0.07%−444−2.1%Reduced
Central Bank & Trust Co20,755$1.44M0.24%−6,332−23.4%Reduced
North Star Investment Management Corp.20,742$1.44M0.10%+3,200+18.2%Added
Sava Infond d.o.o.20,700$1.44M0.27%+2,200+11.9%Added
International Assets Investment Management, LLC20,676$1.44M0.13%+768+3.9%Added
Dakota Wealth Management20,603$1.43M0.03%−3,381−14.1%Reduced
Geneos Wealth Management Inc.20,585$1.43M0.05%+1,266+6.6%Added
Glenview Trust Co20,571$1.43M0.03%+50.0%Added
Chilton Capital Management LLC20,547$1.43M0.06%+547+2.7%Added
Ronald Blue Trust, Inc.20,466$1.42M0.02%+3,904+23.6%Added
Diversify Wealth Management, LLC21,790$1.42M0.11%−2,903−11.8%Reduced
Ballast Advisors LLC20,393$1.42M0.45%+1,938+10.5%Added
Joel Isaacson & Co., LLC20,313$1.41M0.06%+100+0.5%Added
Carnegie Lake Advisors LLC20,250$1.41M0.57%00.0%Unchanged
China Universal Asset Management Co., Ltd.20,000$1.40M0.13%00.0%Unchanged
Connable Office Inc20,138$1.40M0.15%−1,030−4.9%Reduced
Hennion & Walsh Asset Management, Inc.20,032$1.39M0.06%+290+1.5%Added
Five Oceans Advisors20,025$1.39M0.67%00.0%Unchanged
Lighthouse Financial LLC19,901$1.38M1.19%−1,150−5.5%Reduced
Ironwood Investment Management LLC19,861$1.38M0.75%−51−0.3%Reduced
William Blair Investment Management, LLC19,848$1.38M0.00%−2,154−9.8%Reduced
Banco de Sabadell, S.A19,732$1.37M1.04%+2,105+11.9%Added
Augustine Asset Management Inc19,738$1.37M0.40%+54+0.3%Added
Thoroughbred Financial Services, LLC19,388$1.35M0.08%−23,857−55.2%Reduced
Stegent Equity Advisors, Inc.19,147$1.33M1.35%−4,010−17.3%Reduced
Tealwood Asset Management Inc19,143$1.33M0.62%+4,807+33.5%Added