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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, 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
Jain Global LLC20,754$1.43M0.02%+6,576+46.4%Added
Synovus Financial Corp20,864$1.44M0.02%−5,915−22.1%Reduced
Joel Isaacson & Co., LLC20,884$1.44M0.06%+571+2.8%Added
Claro Advisors LLC21,223$1.46M0.24%−162−0.8%Reduced
Glenview Trust Co21,317$1.47M0.03%+746+3.6%Added
West Family Investments, Inc.21,362$1.47M0.38%+5,491+34.6%Added
NBT Bank N A21,400$1.48M0.10%00.0%Unchanged
Bamco Inc21,441$1.48M0.00%−14,221−39.9%Reduced
Syon Capital LLC21,504$1.48M0.10%−2,257−9.5%Reduced
Ironwood Investment Management LLC21,552$1.49M0.72%+1,691+8.5%Added
Signet Investment Advisory Group, Inc.21,600$1.49M0.77%+25+0.1%Added
J.W. Cole Advisors, Inc.21,783$1.50M0.03%+5,517+33.9%Added
Chilton Capital Management LLC21,830$1.51M0.06%+1,283+6.2%Added
Trivant Custom Portfolio Group, LLC21,836$1.51M0.83%+21,809+80,774.1%Added
Baldwin Investment Management, LLC21,874$1.51M0.18%−441−2.0%Reduced
Ballast Advisors LLC21,893$1.51M0.45%+1,500+7.4%Added
Private Trust Co NA21,948$1.51M0.14%−5,489−20.0%Reduced
Hunter Associates Investment Management LLC21,923$1.52M0.22%00.0%Unchanged
Sax Wealth Advisors, LLC22,034$1.52M0.09%+17,892+432.0%Added
Brookstone Capital Management22,037$1.52M0.02%+7,848+55.3%Added
SWMG, LLC22,130$1.53M0.51%+22,130New
Global Trust Asset Management, LLC22,323$1.54M0.82%−2,973−11.8%Reduced
Capital Advisors Inc22,468$1.55M0.03%+58+0.3%Added
Bath Savings Trust Co22,483$1.55M0.16%+14,692+188.6%Added
Freedom Day Solutions, LLC22,511$1.55M0.46%−555−2.4%Reduced
Eqis Capital Management, Inc.22,557$1.56M0.12%+1,753+8.4%Added
Bank of New Hampshire22,570$1.56M0.39%+6,427+39.8%Added
Cary Street Partners Financial LLC22,576$1.56M0.04%−8,003−26.2%Reduced
Nia Impact Advisors, LLC22,700$1.57M0.54%−200−0.9%Reduced
Commerce Bank22,782$1.57M0.01%−274−1.2%Reduced
Cavalier Investments, LLC22,929$1.58M0.48%−460−2.0%Reduced
PFG Investments, LLC22,961$1.58M0.09%+4,859+26.8%Added
Rossmore Private Capital23,000$1.59M0.19%−305−1.3%Reduced
GSB Wealth Management, LLC23,009$1.59M0.39%−2,185−8.7%Reduced
Clare Market Investments LLC23,035$1.59M0.35%+12,287+114.3%Added
Welch & Forbes LLC23,046$1.59M0.02%+1,500+7.0%Added
Kayne Anderson Rudnick Investment Management LLC23,068$1.59M0.00%−1,278−5.2%Reduced
Hourglass Capital, LLC23,130$1.60M0.39%+2,310+11.1%Added
Hikari Tsushin, Inc.23,512$1.62M0.11%00.0%Unchanged
Schroder Investment Management Group23,624$1.63M0.00%+90.0%Added
Texas Yale Capital Corp.23,691$1.64M0.05%+650+2.8%Added
Toronto Dominion Bank23,687$1.64M0.00%+5,907+33.2%Added
Diamant Asset Management, Inc.23,840$1.65M1.25%−650−2.7%Reduced
Charter Trust Co23,966$1.65M0.11%−34,851−59.3%Reduced
Forum Financial Management, LP24,027$1.66M0.03%+286+1.2%Added
Gibbs Wealth Management24,099$1.66M0.32%−3,167−11.6%Reduced
Insigneo Advisory Services, LLC24,099$1.66M0.14%+14,977+164.2%Added
Freestone Capital Holdings, LLC24,104$1.66M0.06%+1,855+8.3%Added
Global X Japan Co., Ltd.24,205$1.67M0.17%+8,100+50.3%Added
NewEdge Wealth, LLC34,572$1.69M0.03%−23,089−40.0%Reduced
Ashton Thomas Private Wealth, LLC24,544$1.69M0.06%+2,604+11.9%Added
SALT Holding Corp.24,684$1.70M2.61%−15,300−38.3%Reduced
A. D. Beadell Investment Counsel, Inc.24,778$1.71M1.30%+7,193+40.9%Added
Valeo Financial Advisors, LLC24,798$1.71M0.04%−2,917−10.5%Reduced
Exencial Wealth Advisors, LLC24,822$1.71M0.06%+1,221+5.2%Added
Sit Investment Associates Inc24,940$1.72M0.04%−49,715−66.6%Reduced
Three Bridge Wealth Advisors, LLC24,950$1.72M0.45%+1,285+5.4%Added
Checchi Capital Advisers, LLC25,064$1.73M0.12%−886−3.4%Reduced
Parallax Volatility Advisers, L.P.25,071$1.73M0.07%−46,740−65.1%Reduced
Cox Capital Mgt LLC25,073$1.73M1.18%−382−1.5%Reduced
Guardcap Asset Management Ltd25,180$1.74M0.03%−203−0.8%Reduced
Alliance Wealth Advisors, LLC25,221$1.74M0.43%−1,332−5.0%Reduced
Integrated Wealth Concepts LLC25,417$1.75M0.02%−1,295−4.8%Reduced
Haverford Trust Co25,612$1.77M0.02%−800−3.0%Reduced
Frank, Rimerman Advisors LLC25,615$1.77M0.12%+4,173+19.5%Added
Principal Street Partners, LLC25,783$1.78M0.17%+16,270+171.0%Added
Harrington Investments, INC25,819$1.78M0.94%−135−0.5%Reduced
Kestra Private Wealth Services, LLC25,855$1.78M0.03%−33,676−56.6%Reduced
Guggenheim Capital LLC26,134$1.80M0.01%−1,776−6.4%Reduced
Financial Partners Group, LLC26,308$1.82M0.66%+8,002+43.7%Added
Peloton Wealth Strategists26,430$1.82M0.73%+13,750+108.4%Added
Parr McKnight Wealth Management Group, LLC26,456$1.83M0.25%+19,391+274.5%Added
Trust Co of Vermont26,535$1.83M0.09%−155−0.6%Reduced
Foresight Capital Management Advisors, Inc.26,580$1.83M1.07%+26,580New
Savvy Advisors, Inc.26,686$1.84M0.12%+14,672+122.1%Added
Union Bancaire Privee, UBP SA31,028$1.84M0.03%−3,548−10.3%Reduced
Delaney Dennis R26,710$1.84M0.95%+5,350+25.0%Added
Country Club Bank26,966$1.85M0.12%+26,966New
Penobscot Investment Management Company, Inc.26,863$1.85M0.16%−6,459−19.4%Reduced
Mission Wealth Management, LP27,004$1.86M0.04%+1,896+7.6%Added
Wealthspire Advisors, LLC27,092$1.87M0.01%+1,208+4.7%Added
Vise Technologies, Inc.27,132$1.87M0.08%+27,132New
Voya Investment Management LLC27,365$1.89M0.00%−21,810−44.4%Reduced
Sepio Capital, LP27,391$1.89M0.13%+32+0.1%Added
Venturi Wealth Management, LLC27,492$1.90M0.09%−2,137−7.2%Reduced
Voloridge Investment Management, LLC27,531$1.90M0.01%−1,723,476−98.4%Reduced
Live Oak Private Wealth LLC27,708$1.91M0.29%+1,978+7.7%Added
Bank Hapoalim BM27,750$1.92M0.26%+5,215+23.1%Added
Ramirez Asset Management, Inc.27,948$1.93M0.29%+5,826+26.3%Added
Ar Asset Management Inc28,240$1.95M0.43%+17,740+169.0%Added
Longfellow Investment Management Co LLC28,257$1.95M0.48%+28,257New
Perfromance Wealth Partners, LLC28,299$1.95M0.06%−4,112−12.7%Reduced
Coppell Advisory Solutions LLC28,655$1.96M0.24%+28,655New
Natixis28,662$1.98M0.01%+3,745+15.0%Added
Global Retirement Partners, LLC28,694$1.98M0.05%+28,694New
Verition Fund Management LLC28,928$2.00M0.01%−13,521−31.9%Reduced
Grace & White Inc29,000$2.00M0.37%00.0%Unchanged
Manhattan West Asset Management, LLC29,091$2.01M0.46%+29,091New
Fortune Financial Advisors, LLC29,212$2.02M1.62%+694+2.4%Added
Aurora Investment Counsel29,260$2.02M1.06%+29,260New