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, Q2 2025

Institutional positions in Novo Nordisk A S as of Jun 30, 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
1,486
−26 vs. Q1 2025
Shares held
308.3M
−15.3M (−4.7%) vs. Q1 2025
Total value
$21.3B
−$1.18B (−5.3%) vs. Q1 2025
New holders
134
583 more added
Sold out
160
570 more reduced

23 institutions that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2025: 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 holdersQ2 2025: 1,486 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 heldQ2 2025: $21.3B
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, Q2 2025

Shares, value and share of portfolio for each institution holding Novo Nordisk A S; share changes are against Q1 2025.

Institutions holding NVO in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
PFS Partners, LLC4$2770.00%00.0%Unchanged
Horizon Financial Services, LLC8$5520.00%00.0%Unchanged
Fiduciary Advisors, Inc.8$5530.00%00.0%Unchanged
Berkshire Capital Holdings Inc10$6900.00%00.0%Unchanged
Beacon Capital Management, Inc.10$6900.00%+10New
Kestra Investment Management, LLC13$9030.00%00.0%Unchanged
West Oak Capital, LLC17$1.20K0.00%+1+6.3%Added
Winch Advisory Services, LLC18$1.26K0.00%00.0%Unchanged
Richard W. Paul & Associates, LLC20$1.38K0.00%00.0%Unchanged
Evolution Wealth Management Inc.20$1.38K0.00%+20New
MV Capital Management, Inc.20$1.38K0.00%00.0%Unchanged
Pacifica Partners Inc.24$1.64K0.00%00.0%Unchanged
Rogco, LP25$1.73K0.00%00.0%Unchanged
Walleye Capital LLC28$1.93K0.00%−190,926−100.0%Reduced
Clear Investment Research, LLC29$2.00K0.00%00.0%Unchanged
Belmont Capital, LLC30$2.07K0.00%00.0%Unchanged
Proathlete Wealth Management LLC31$2.14K0.00%+27+675.0%Added
NVWM, LLC31$2.17K0.00%00.0%Unchanged
Abound Wealth Management32$2.23K0.00%−209−86.7%Reduced
Country Trust Bank38$2.62K0.00%−29−43.3%Reduced
St. Johns Investment Management Company, LLC38$2.62K0.00%00.0%Unchanged
IMG Wealth Management, Inc.39$2.69K0.00%+39New
Robinswood Financial LLC41$2.83K0.00%00.0%Unchanged
Slocum, Gordon & Co LLP42$2.90K0.00%−2−4.5%Reduced
Riverview Trust Co42$2.90K0.00%−42−50.0%Reduced
CKW Financial Group50$3.00K0.00%+20+66.7%Added
Kilter Group LLC45$3.11K0.00%+45New
New Millennium Group LLC46$3.17K0.00%00.0%Unchanged
United Community Bank46$3.17K0.00%+46New
Crowley Wealth Management, Inc.50$3.45K0.00%−200−80.0%Reduced
Accredited Wealth Management, LLC50$3.45K0.00%−100−66.7%Reduced
Wealth Preservation Advisors, LLC58$4.00K0.00%+48+480.0%Added
HighMark Wealth Management LLC59$4.04K0.00%−2−3.3%Reduced
Delta Asset Management LLC60$4.14K0.00%00.0%Unchanged
SWAN Capital LLC60$4.14K0.00%+60New
DiNuzzo Private Wealth, Inc.60$4.14K0.00%00.0%Unchanged
Principia Wealth Advisory, LLC61$4.21K0.00%+61New
Aspect Partners, LLC63$4.35K0.00%+39+162.5%Added
Transce3nd, LLC65$4.49K0.00%−324−83.3%Reduced
CGC Financial Services, LLC65$4.49K0.00%00.0%Unchanged
DecisionPoint Financial, LLC66$4.61K0.00%00.0%Unchanged
Bruce G. Allen Investments, LLC68$4.69K0.00%−162−70.4%Reduced
Barnes Dennig Private Wealth Management LLC68$4.69K0.01%00.0%Unchanged
Hoey Investments, Inc68$4.69K0.00%00.0%Unchanged
Beaird Harris Wealth Management, LLC69$4.75K0.00%−31−31.0%Reduced
Iron Horse Wealth Management, LLC70$4.83K0.00%−10−12.5%Reduced
Retirement Wealth Solutions LLC72$4.97K0.00%−6−7.7%Reduced
Horrell Capital Management, Inc.75$5.18K0.00%00.0%Unchanged
West Branch Capital LLC78$5.38K0.00%00.0%Unchanged
Hopwood Financial Services, Inc.78$5.38K0.00%00.0%Unchanged
Western Pacific Wealth Management, LP80$5.52K0.01%00.0%Unchanged
Total Investment Management Inc89$6.14K0.00%+89New
HHM Wealth Advisors, LLC90$6.21K0.00%−2−2.2%Reduced
Inlight Wealth Management, LLC90$6.21K0.00%00.0%Unchanged
Cape Investment Advisory, Inc.94$6.49K0.00%−28−23.0%Reduced
JDM Financial Group LLC95$6.56K0.00%00.0%Unchanged
1620 Investment Advisors, Inc.96$6.63K0.00%−75−43.9%Reduced
Hughes Financial Services, LLC152$6.90K0.00%−730−82.8%Reduced
Global Wealth Strategies & Associates100$6.90K0.00%−105−51.2%Reduced
Game Plan Financial Advisors, LLC100$6.90K0.00%00.0%Unchanged
Quest 10 Wealth Builders, Inc.100$6.90K0.01%00.0%Unchanged
Team Financial Group, LLC100$6.90K0.00%+100New
Gold Investment Management Ltd.100$6.98K0.00%00.0%Unchanged
First PREMIER Bank100$7.00K0.00%−34−25.4%Reduced
Safe Harbor Fiduciary, LLC102$7.04K0.01%+100+5,000.0%Added
Archer Investment Corp103$7.11K0.00%+1+1.0%Added
Wolff Wiese Magana LLC104$7.18K0.00%00.0%Unchanged
First United Bank Trust105$7.25K0.00%00.0%Unchanged
Legacy Wealth Managment, LLC109$7.52K0.00%00.0%Unchanged
Legacy Investment Solutions, LLC109$7.52K0.00%+109New
Financial Freedom, LLC115$7.93K0.00%00.0%Unchanged
Compass Planning Associates Inc115$7.94K0.01%00.0%Unchanged
Newton One Investments LLC115$7.94K0.00%00.0%Unchanged
Macquarie Group Ltd111$8.00K0.00%−541−83.0%Reduced
Bare Financial Services, Inc120$8.28K0.00%+79+192.7%Added
CarsonAllaria Wealth Management, Ltd.122$8.42K0.00%00.0%Unchanged
Baillie Gifford & Co130$8.97K0.00%−46−26.1%Reduced
Godsey & Gibb Associates133$9.18K0.00%00.0%Unchanged
Mark Sheptoff Financial Planning, LLC135$9.30K0.00%+22+19.5%Added
True Wealth Design, LLC143$9.87K0.00%+48+50.5%Added
Wood Tarver Financial Group, LLC158$10.0K0.00%00.0%Unchanged
Creative Financial Designs Inc148$10.2K0.00%−565−79.2%Reduced
SJS Investment Consulting Inc.154$10.6K0.00%00.0%Unchanged
Maryland Capital Advisors Inc.159$11.0K0.00%+159New
Bank of Jackson Hole Trust160$11.0K0.01%00.0%Unchanged
Hurley Capital, LLC160$11.0K0.01%00.0%Unchanged
Tacita Capital Inc169$11.7K0.01%00.0%Unchanged
Tidemark, LLC170$11.7K0.00%+20+13.3%Added
Valued Wealth Advisors LLC175$12.1K0.01%−126−41.9%Reduced
Sachetta, LLC179$12.4K0.00%−107−37.4%Reduced
Alerus Financial NA186$12.8K0.00%+186New
Marshall & Sterling Wealth Advisors Inc.187$12.8K0.01%+3+1.6%Added
Richardson Financial Services Inc.186$13.0K0.01%−1,827−90.8%Reduced
Bellwether Advisors, LLC189$13.0K0.00%+189New
YANKCOM Partnership190$13.1K0.01%00.0%Unchanged
Peterson Wealth Services197$13.6K0.00%––
SOA Wealth Advisors, LLC.197$13.6K0.00%00.0%Unchanged
McIlrath & Eck, LLC200$13.8K0.00%00.0%Unchanged
Quaker Wealth Management, LLC215$14.8K0.00%+215New
Hemington Wealth Management218$15.0K0.00%00.0%Unchanged