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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: 1,745 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 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 20241,866$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, 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
Wendell David Associates Inc72,802$5.03M0.51%−3,975−5.2%Reduced
Nilsine Partners, LLC72,917$5.03M0.51%−926−1.3%Reduced
Prime Capital Investment Advisors, LLC73,219$5.05M0.07%+7,998+12.3%Added
Pictet North America Advisors SA73,549$5.08M0.51%+1,395+1.9%Added
Empowered Funds, LLC74,083$5.11M0.06%+28,613+62.9%Added
Ipswich Investment Management Co., Inc.75,012$5.18M1.25%+3,187+4.4%Added
Peapack Gladstone Financial Corp75,649$5.22M0.07%+46,535+159.8%Added
Zevin Asset Management LLC75,740$5.23M0.75%−8,951−10.6%Reduced
Signaturefd, LLC75,981$5.24M0.09%+4,923+6.9%Added
Martin Capital Partners, LLC76,448$5.28M2.07%+55,298+261.5%Added
Motley Fool Wealth Management, LLC76,618$5.29M0.32%−13,220−14.7%Reduced
M. Kulyk & Associates, LLC77,322$5.34M1.16%+11,425+17.3%Added
XXEC, Inc.78,185$5.40M4.34%+21,756+38.6%Added
Pittenger & Anderson Inc78,863$5.44M0.20%+22,521+40.0%Added
Hantz Financial Services, Inc.79,542$5.49M0.09%−17,393−17.9%Reduced
St Germain D J Co Inc79,785$5.51M0.24%+45+0.1%Added
Capital International Inc80,150$5.53M0.05%+23,029+40.3%Added
Venture Visionary Partners LLC80,609$5.56M0.21%+19,110+31.1%Added
Evelyn Partners Asset Management Ltd80,622$5.56M1.41%+1,919+2.4%Added
Whittier Trust Co of Nevada Inc81,517$5.63M0.13%+2,533+3.2%Added
Harbour Investment Management LLC82,461$5.69M2.46%−1,000−1.2%Reduced
M&T Bank Corp82,638$5.70M0.02%−168,447−67.1%Reduced
Heirloom Wealth Management83,097$5.74M1.51%+233+0.3%Added
Boston Common Asset Management, LLC83,752$5.78M0.16%−2,435−2.8%Reduced
Stamos Capital Partners, L.P.83,778$5.78M1.04%+51,364+158.5%Added
RKL Wealth Management LLC83,955$5.79M0.51%+620+0.7%Added
Greenfield Seitz Capital Management, LLC84,012$5.80M2.05%+5,362+6.8%Added
Lind Value II ApS84,225$5.81M2.56%+68,939+451.0%Added
Private Advisor Group, LLC85,898$5.93M0.03%+14,206+19.8%Added
Park Avenue Securities LLC85,970$5.93M0.05%+85,970New
NFJ Investment Group, LLC85,988$5.93M0.21%−8,027−8.5%Reduced
Wedbush Securities Inc86,388$5.96M0.21%+5,470+6.8%Added
Exchange Traded Concepts, LLC87,953$6.07M0.08%+20,084+29.6%Added
CIBC Asset Management Inc89,883$6.15M0.02%+17,459+24.1%Added
Avantax Advisory Services, Inc.89,178$6.16M0.03%−3,631−3.9%Reduced
Fundamentun, LLC89,369$6.17M0.28%+5,323+6.3%Added
Eastern Bank89,731$6.19M0.12%00.0%Unchanged
ARS Investment Partners, LLC90,761$6.26M0.46%+90,761New
Ethic Inc.92,144$6.31M0.11%−72,989−44.2%Reduced
Biondo Investment Advisors, LLC91,550$6.32M0.83%+91,550New
Smithbridge Asset Management Inc91,634$6.32M1.11%+3,103+3.5%Added
Wetherby Asset Management Inc91,959$6.35M0.28%+91,959New
Lester Murray Antman dba SimplyRich92,403$6.38M1.78%+5,797+6.7%Added
Trexquant Investment LP93,598$6.46M0.07%−284,140−75.2%Reduced
Kovitz Investment Group Partners, LLC94,033$6.49M0.03%+19,851+26.8%Added
Stansberry Asset Management, LLC94,778$6.54M0.71%+87+0.1%Added
Allspring Global Investments Holdings, LLC94,552$6.60M0.01%−3,295−3.4%Reduced
Norden Group LLC96,332$6.65M0.72%+65,877+216.3%Added
Clear Street Markets LLC97,762$6.75M2.41%+97,762New
Sivik Global Healthcare LLC100,000$6.90M3.09%+30,000+42.9%Added
Banco Bilbao Vizcaya Argentaria, S.A.100,215$6.92M0.06%−11,808−10.5%Reduced
Wiley Bros.-Aintree Capital, LLC100,530$6.92M0.05%−31,147−23.7%Reduced
Mirae Asset Global ETFs Holdings Ltd.100,878$6.96M0.01%+4,391+4.6%Added
Ritholtz Wealth Management101,017$6.97M0.15%−3,292−3.2%Reduced
PEAK6 LLC101,570$7.01M0.24%−155,213−60.4%Reduced
Farther Finance Advisors, LLC103,138$7.12M0.14%+33,794+48.7%Added
SFMG, LLC103,415$7.14M0.54%+103,415New
Bridger Management, LLC104,386$7.20M4.25%−17,214−14.2%Reduced
Borer Denton & Associates, Inc.104,941$7.24M2.51%−3,392−3.1%Reduced
Eagle Global Advisors LLC105,308$7.27M0.29%−1,040−1.0%Reduced
Sphera Funds Management Ltd.105,677$7.29M1.91%−12,403−10.5%Reduced
Harbour Trust & Investment Management Co106,227$7.33M0.81%−1,034−1.0%Reduced
CWM, LLC107,998$7.45M0.03%+29,246+37.1%Added
SG Americas Securities, LLC108,251$7.47M0.03%−5,422−4.8%Reduced
Callan Family Office, LLC108,592$7.50M0.24%+75,117+224.4%Added
Lynch Asset Management, Inc.108,700$7.50M2.65%+600+0.6%Added
GWM Advisors LLC109,954$7.59M0.04%−322,391−74.6%Reduced
Calamos Advisors LLC111,627$7.70M0.03%−377−0.3%Reduced
Brown Advisory Inc114,157$7.88M0.01%−288−0.3%Reduced
Euro Pacific Asset Management, LLC115,430$7.97M1.29%+25,273+28.0%Added
Headinvest, LLC116,989$8.07M1.72%+3,013+2.6%Added
BFSG, LLC117,450$8.11M0.91%+1,943+1.7%Added
Cullen/Frost Bankers, Inc.117,889$8.14M0.10%+1,060+0.9%Added
Loring Wolcott & Coolidge Fiduciary Advisors LLP118,240$8.16M0.07%−2,790−2.3%Reduced
RSM US Wealth Management LLC118,601$8.19M0.11%−4,427−3.6%Reduced
New York State Common Retirement Fund120,294$8.30M0.01%+62,355+107.6%Added
Quadrant Capital Group LLC120,458$8.31M0.30%+12,641+11.7%Added
Busey Wealth Management121,639$8.40M0.26%+5,106+4.4%Added
Marietta Investment Partners LLC121,959$8.42M1.84%−9,285−7.1%Reduced
Hemenway Trust Co LLC123,728$8.54M0.66%+60,648+96.1%Added
Talbot Financial, LLC124,973$8.63M0.82%+23,133+22.7%Added
Foresight Group Ltd Liability Partnership124,919$8.64M1.24%+124,919New
Grimes & Company, Inc.125,356$8.65M0.24%+18,403+17.2%Added
AQR Capital Management LLC125,450$8.66M0.01%+63,351+102.0%Added
Value Partners Investments Inc.125,959$8.69M0.68%+35,434+39.1%Added
QV Investors Inc.126,114$8.70M0.85%+118,420+1,539.1%Added
Kestra Advisory Services, LLC126,696$8.74M0.04%−29,834−19.1%Reduced
Knuff & Co LLC127,919$8.83M2.78%+44,053+52.5%Added
F/M Investments LLC128,462$8.87M0.32%−522−0.4%Reduced
Palisade Capital Management LLC128,515$8.87M0.25%−72,457−36.1%Reduced
Hikari Power Ltd130,300$8.99M0.75%00.0%Unchanged
Guardian Partners Inc.130,552$9.10M0.82%+1,814+1.4%Added
Jones Financial Companies LLLP135,868$9.31M0.01%+27,228+25.1%Added
RPG Investment Advisory, LLC134,912$9.31M1.16%−50,226−27.1%Reduced
Glenmede Investment Management, LP137,990$9.52M0.05%+137,990New
Steward Partners Investment Advisory, LLC138,214$9.54M0.07%+63,980+86.2%Added
Birch Capital Management, LLC138,758$9.58M4.90%+2,764+2.0%Added
Archon Partners LLC140,000$9.66M1.11%+50,000+55.6%Added
Cabot Wealth Management Inc140,721$9.71M1.16%+9,992+7.6%Added
Vontobel Holding Ltd.140,743$9.71M0.03%−69,642−33.1%Reduced