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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
Cozad Asset Management Inc14,289$992.2K0.10%−4,609−24.4%Reduced
Legacy Capital Group California, Inc.14,280$991.6K0.35%+7,778+119.6%Added
Independence Bank of Kentucky14,260$990.2K0.15%+1,070+8.1%Added
Brookstone Capital Management14,189$985.3K0.01%−596−4.0%Reduced
Jain Global LLC14,178$984.5K0.02%+14,178New
Rehmann Capital Advisory Group14,147$982.4K0.06%−113−0.8%Reduced
Flagship Harbor Advisors, LLC14,135$981.5K0.05%+1,636+13.1%Added
Potomac Fund Management Inc16,816$980.9K0.43%+2,456+17.1%Added
Harmony Asset Management LLC14,080$977.7K0.41%−47,697−77.2%Reduced
Seed Wealth Management, Inc.14,030$974.2K0.79%+2,240+19.0%Added
Bond & Devick Financial Network, Inc.14,022$973.7K0.35%00.0%Unchanged
PDS Planning, Inc13,852$961.9K0.08%+546+4.1%Added
Brighton Jones LLC13,763$955.7K0.03%−374−2.6%Reduced
Angeles Wealth Management, LLC13,744$954.4K0.08%−175−1.3%Reduced
GM Advisory Group, Inc.13,706$951.7K0.05%+11,184+443.5%Added
Anchor Investment Management, LLC13,597$944.2K0.09%+150+1.1%Added
LRI Investments, LLC13,548$940.8K0.09%+488+3.7%Added
Global Strategic Investment Solutions, LLC13,386$929.5K0.11%00.0%Unchanged
Jacobi Capital Management LLC13,324$925.2K0.07%+5,084+61.7%Added
Wallace Advisory Group, LLC10,754$925.1K0.64%−887−7.6%Reduced
Gsa Capital Partners LLP13,293$923.0K0.08%+13,293New
Clarius Group, LLC13,281$922.2K0.06%+2,351+21.5%Added
Clal Insurance Enterprises Holdings Ltd13,000$918.0K0.01%+3,000+30.0%Added
SBI Securities Co., Ltd.13,150$913.1K0.03%+1,354+11.5%Added
Mystic Asset Management, Inc.13,085$908.6K0.24%−100−0.8%Reduced
Bailard, Inc.12,968$900.5K0.02%+4,282+49.3%Added
Mitchell & Pahl Private Wealth, LLC12,968$900.5K0.42%+369+2.9%Added
Spire Wealth Management12,862$893.1K0.03%+978+8.2%Added
Embree Financial Group12,849$892.2K0.15%−1,213−8.6%Reduced
Baker Tilly Wealth Management, LLC12,799$888.8K0.35%+4,383+52.1%Added
Roehl & Yi Investment Advisors, LLC12,674$880.1K0.48%+12,674New
Peloton Wealth Strategists12,680$880.0K0.37%+12,680New
Convergence Financial, LLC12,521$869.4K0.17%+967+8.4%Added
Bayesian Capital Management, LP12,400$861.1K0.14%−12,500−50.2%Reduced
Giverny Capital Inc.SuperinvestorGiverny Capital12,400$861.1K0.03%00.0%Unchanged
Werlinich Asset Management, LLC12,370$859.0K0.55%+65+0.5%Added
Forza Wealth Management, LLC12,366$858.7K0.39%−300−2.4%Reduced
Balentine LLC12,166$844.8K0.04%00.0%Unchanged
Bank of Nova Scotia12,169$844.8K0.00%−481−3.8%Reduced
Mesirow Financial Investment Management, Inc.12,024$835.0K0.02%−65−0.5%Reduced
Savvy Advisors, Inc.12,014$834.3K0.08%+4,891+68.7%Added
Naples Global Advisors, LLC11,764$829.3K0.08%+11,764New
Baader Bank INC13,224$827.7K0.08%+9,148+224.4%Added
First Pacific Financial11,854$823.1K0.17%+11,854New
Sage Rhino Capital LLC11,817$820.6K0.19%−274−2.3%Reduced
Savant Capital, LLC11,816$820.5K0.01%−2,143−15.4%Reduced
Outfitter Financial LLC11,610$806.2K0.73%+2,815+32.0%Added
Essex Savings Bank11,592$804.9K0.20%+1,956+20.3%Added
Smart Money Group LLC11,572$803.6K0.27%+5,743+98.5%Added
Aviance Capital Partners, LLC11,571$803.5K0.11%00.0%Unchanged
Solidarilty Wealth, LLC11,502$802.1K0.20%+11,502New
Main Street Research LLC11,338$800.3K0.05%−74,465−86.8%Reduced
Tiaa Trust, National Association11,447$794.9K0.00%−2,236−16.3%Reduced
Sigma Planning Corp11,393$793.2K0.03%−362−3.1%Reduced
Peddock Capital Advisors, LLC11,415$792.7K0.20%+3,445+43.2%Added
Clear Harbor Asset Management, LLC11,401$791.7K0.06%+7,079+163.8%Added
Brown Miller Wealth Management, LLC11,394$791.2K0.27%+3,178+38.7%Added
Birch Financial Group, LLC11,377$790.0K0.70%+4,888+75.3%Added
Cooper Financial Group11,367$789.3K0.10%+295+2.7%Added
TrueMark Investments, LLC11,312$785.5K0.21%−844−6.9%Reduced
Lynx Capital Group Ltd11,282$783.5K0.40%−54−0.5%Reduced
Financial Perspectives, Inc11,256$781.6K0.27%00.0%Unchanged
Alexander Labrunerie & Co., Inc.11,251$781.3K0.34%+75+0.7%Added
SeaCrest Wealth Management, LLC11,238$780.4K0.09%−278−2.4%Reduced
Bridgewater Advisors Inc.11,945$778.3K0.07%−447−3.6%Reduced
DMG Group, LLC11,155$774.6K0.63%−150−1.3%Reduced
Patrick M Sweeney & Associates, Inc11,155$774.6K0.58%00.0%Unchanged
HBK Sorce Advisory LLC11,154$774.5K0.02%+1,302+13.2%Added
Range Financial Group LLC11,141$773.6K0.34%+1,177+11.8%Added
Roberts Glore & Co Inc11,089$770.0K0.23%+7,946+252.8%Added
Covenant Partners, LLC11,085$769.7K0.25%−6,311−36.3%Reduced
Balboa Wealth Partners11,018$765.1K0.18%+273+2.5%Added
Caas Capital Management LP11,000$763.8K0.36%00.0%Unchanged
Avidian Wealth Solutions, LLC11,000$763.8K0.03%+1,206+12.3%Added
BTC Capital Management, Inc.10,958$760.9K0.07%+344+3.2%Added
Simon Quick Advisors, LLC10,918$758.1K0.04%+4,241+63.5%Added
NorthCrest Asset Manangement, LLC10,763$747.4K0.02%−900−7.7%Reduced
Clare Market Investments LLC10,748$746.3K0.20%−3,782−26.0%Reduced
Arrowstreet Capital, Limited Partnership10,738$745.6K0.00%−37,739−77.8%Reduced
Channing Global Advisors, LLC10,698$742.9K0.51%+6,581+159.8%Added
Independent Financial Group, LLC10,674$741.2K0.03%−33,770−76.0%Reduced
Empower Advisory Group, LLC10,642$739.0K0.00%−1,809−14.5%Reduced
Profund Advisors LLC10,632$738.3K0.03%+3,711+53.6%Added
GeoWealth Management, LLC10,617$737.2K0.03%−5,518−34.2%Reduced
Retirement Planning Co of New England, Inc.10,601$736.2K0.38%+552+5.5%Added
Belpointe Asset Management LLC10,589$735.3K0.04%+5,193+96.2%Added
Wedmont Private Capital11,309$732.0K0.04%−141−1.2%Reduced
Turtle Creek Wealth Advisors, LLC10,532$731.3K0.11%+10,532New
Ar Asset Management Inc10,500$729.0K0.17%+10,500New
Confluence Investment Management LLC10,465$726.7K0.01%+191+1.9%Added
FDx Advisors, Inc.10,292$715.0K0.23%−1,541−13.0%Reduced
Hazlett, Burt & Watson, Inc.10,313$714.0K0.32%−148−1.4%Reduced
Copperwynd Financial, LLC10,248$711.6K0.20%+2,180+27.0%Added
Klingenstein Fields & Co LP10,235$710.7K0.03%−369−3.5%Reduced
Montis Financial, LLC10,218$709.5K0.21%−3,741−26.8%Reduced
Bridgefront Capital, LLC10,216$709.4K0.20%+6,253+157.8%Added
XTX Topco Ltd10,162$705.6K0.04%+10,162New
Argent Trust Co10,159$705.4K0.03%+1,919+23.3%Added
Centaurus Financial, Inc.10,149$705.0K0.04%+794+8.5%Added
PAX Financial Group, LLC10,119$702.7K0.12%+4,719+87.4%Added