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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
Jefferies Financial Group Inc.10,083$700.2K0.01%−4,836−32.4%Reduced
Burford Brothers, Inc.10,081$700.0K0.34%−20−0.2%Reduced
BSW Wealth Partners10,055$698.2K0.11%+759+8.2%Added
Aberdeen Wealth Management LLC10,040$697.2K0.48%+60+0.6%Added
Carolina Wealth Advisors, LLC10,034$696.8K0.38%+8,378+505.9%Added
Viawealth, LLC10,031$696.6K0.43%+1,755+21.2%Added
Cacti Asset Management LLC10,000$693.0K0.06%00.0%Unchanged
NTV Asset Management LLC9,954$691.2K0.09%+748+8.1%Added
Holderness Investments Co9,930$689.5K0.16%−6,909−41.0%Reduced
Cairn Investment Group, Inc.9,882$686.0K0.39%−168−1.7%Reduced
Prossimo Advisors, LLC9,847$684.0K0.51%+224+2.3%Added
Cynosure Management, LLC9,804$680.8K0.09%−16,906−63.3%Reduced
Foundations Investment Advisors, LLC9,774$678.7K0.01%−144,630−93.7%Reduced
Financial Counselors Inc9,755$677.4K0.01%−535−5.2%Reduced
Gen-Wealth Partners Inc9,717$674.7K0.28%+2,218+29.6%Added
Guyasuta Investment Advisors Inc9,686$672.6K0.04%00.0%Unchanged
Motco9,660$670.8K0.07%+819+9.3%Added
V-Square Quantitative Management LLC9,654$670.4K0.10%00.0%Unchanged
Capital Investment Advisory Services, LLC9,640$669.4K0.06%−279−2.8%Reduced
S.A. Mason LLC9,628$668.6K0.35%−50−0.5%Reduced
Red Door Wealth Management, LLC9,608$667.2K0.10%00.0%Unchanged
Spinnaker Trust9,570$664.5K0.04%−45−0.5%Reduced
Principal Street Partners, LLC9,513$660.6K0.12%00.0%Unchanged
Montag A & Associates Inc9,402$660.3K0.03%00.0%Unchanged
GAMMA Investing LLC9,466$657.3K0.05%+1,605+20.4%Added
Catalytic Wealth RIA, LLC9,443$655.7K0.12%−5,549−37.0%Reduced
Quotient Wealth Partners, LLC9,415$653.8K0.02%+430+4.8%Added
Journey Strategic Wealth LLC9,406$653.1K0.02%+1,444+18.1%Added
Versant Capital Management, Inc9,388$651.9K0.11%+8,392+842.6%Added
Berkshire Asset Management LLC10,000$648.5K0.03%−137−1.4%Reduced
OneAscent Financial Services LLC9,306$644.0K0.04%+4,010+75.7%Added
Elefante Mark B9,265$643.4K0.51%+5,665+157.4%Added
Summit Financial, LLC9,156$635.8K0.02%−1,461−13.8%Reduced
Insigneo Advisory Services, LLC9,122$633.4K0.07%−3,237−26.2%Reduced
Raub Brock Capital Management LP9,100$631.9K0.14%00.0%Unchanged
WealthTrust Axiom LLC9,069$629.8K0.19%+9,069New
Cravens & Co Advisors, LLC9,033$627.3K0.49%+1,210+15.5%Added
Creekmur Asset Management LLC9,031$627.1K0.13%+8,010+784.5%Added
Harbour Investments, Inc.9,026$626.8K0.02%+12+0.1%Added
Armstrong Henry H Associates Inc9,024$626.6K0.06%−500−5.2%Reduced
Paradigm Financial Partners, LLC8,981$623.6K0.08%−3,054−25.4%Reduced
FNY Investment Advisers, LLC8,972$623.0K0.38%+8,972New
Traveka Wealth, LLC8,954$621.8K0.35%+954+11.9%Added
Dempze Nancy E8,935$620.4K0.37%+8,935New
Inscription Capital, LLC4,831$620.3K0.10%+4,831New
Intellectus Partners, LLC8,732$616.2K0.15%−3,905−30.9%Reduced
Lindbrook Capital, LLC8,774$609.3K0.06%−1,279−12.7%Reduced
U.S. Capital Wealth Advisors, LLC8,773$609.2K0.02%+1,843+26.6%Added
Keel Point, LLC8,761$608.4K0.05%+1,070+13.9%Added
May Hill Capital, LLC8,753$607.8K0.23%+3,883+79.7%Added
Sivia Capital Partners, LLC8,733$606.4K0.28%+784+9.9%Added
Summit Financial Wealth Advisors, LLC8,725$605.9K0.12%−495−5.4%Reduced
Tower Research Capital LLC (TRC)8,709$604.8K0.02%−3,912−31.0%Reduced
Forte Capital LLC8,689$603.4K0.07%−33,589−79.4%Reduced
Cullinan Associates Inc8,675$602.4K0.04%00.0%Unchanged
Arrowpoint Investment Partners (Singapore) Pte. Ltd.8,600$597.2K0.28%+6,393+289.7%Added
Schwarz Dygos Wheeler Investment Advisors LLC8,521$591.7K0.14%−400−4.5%Reduced
IFP Advisors, Inc8,516$591.2K0.02%−3,042−26.3%Reduced
Peoples Financial Services Corp.8,476$588.6K0.28%+27+0.3%Added
Hohimer Wealth Management, LLC8,473$588.4K0.11%+8,473New
Canal Capital Management, LLC8,461$587.5K0.10%+807+10.5%Added
Stokes Family Office, LLC8,439$586.0K0.07%−38−0.4%Reduced
Csenge Advisory Group10,056$584.1K0.03%−402−3.8%Reduced
Corient IA LLC8,400$583.3K0.41%+8,400New
Ashton Thomas Securities, LLC8,397$583.1K0.16%+2,598+44.8%Added
Mattern Capital Management, LLC8,343$579.3K0.07%+4,526+118.6%Added
Grandfield & Dodd, LLC8,334$578.7K0.04%−150−1.8%Reduced
Steel Peak Wealth Management LLC8,209$578.3K0.02%+408+5.2%Added
Brevan Howard Capital Management LP8,500$577.8K0.02%+8,500New
Custom Index Systems, LLC8,311$577.1K0.29%+5,776+227.9%Added
Hardy Reed LLC8,294$575.9K0.05%−56−0.7%Reduced
Summit Global Investments8,287$575.0K0.04%−1,226−12.9%Reduced
Signature Estate & Investment Advisors LLC8,221$570.9K0.02%+1,925+30.6%Added
Argonautica Private Wealth Management, Inc8,190$568.7K0.20%+726+9.7%Added
Fiduciary Alliance LLC8,190$568.7K0.06%+83+1.0%Added
Atlas Brown,Inc.8,092$561.9K0.20%+2,962+57.7%Added
Diversified Enterprises, LLC8,069$560.3K0.05%+1,681+26.3%Added
Advisors Capital Management, LLC8,064$560.0K0.01%−848−9.5%Reduced
Griffin Asset Management, Inc.8,000$555.5K0.07%−450−5.3%Reduced
Sargent Investment Group, LLC7,982$554.3K0.09%+7,982New
Riverbend Wealth Management, LLC7,980$554.1K0.50%+3,325+71.4%Added
Resonant Capital Advisors, LLC7,842$553.5K0.04%+1,038+15.3%Added
GW Henssler & Associates Ltd7,959$552.7K0.03%−500−5.9%Reduced
Patriot Financial Group Insurance Agency, LLC7,954$552.3K0.07%−2,635−24.9%Reduced
NBC Securities, Inc.7,954$552.0K0.05%+7,944+79,440.0%Added
Essex Financial Services, Inc.7,945$551.7K0.04%−4,875−38.0%Reduced
Bank of Stockton7,931$550.7K0.18%−220−2.7%Reduced
Advisor OS, LLC7,855$545.5K0.06%−1,131−12.6%Reduced
Penserra Capital Management LLC7,831$543.0K0.01%+1,794+29.7%Added
FourThought Financial Partners, LLC7,814$542.6K0.06%+808+11.5%Added
Bath Savings Trust Co7,791$541.0K0.06%−193−2.4%Reduced
Keudell/Morrison Wealth Management7,762$539.0K0.13%−786−9.2%Reduced
TBH Global Asset Management, LLC7,757$538.6K0.10%+265+3.5%Added
Diversify Advisory Services, LLC8,251$537.7K0.03%−2,598−23.9%Reduced
Hudock, Inc.7,731$536.9K0.09%+2,423+45.6%Added
QV Investors Inc.7,694$534.0K0.05%−580−7.0%Reduced
Zuckerman Investment Group, LLC7,652$531.4K0.06%+1,700+28.6%Added
Mirabaud & Cie SA7,640$530.5K0.18%+7,640New
BOK Financial Private Wealth, Inc.7,500$529.3K0.04%−4,547−37.7%Reduced
Agate Pass Investment Management, LLC7,619$529.1K0.23%−400−5.0%Reduced