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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 1,355 | $15.7B |
| Q1 2026 | 1,278 | $12.0B |
| Q4 2025 | 1,421 | $16.0B |
| Q3 2025 | 1,401 | $16.7B |
| Q2 2025 | 1,486 | $21.3B |
| Q1 2025 | 1,535 | $22.5B |
| Q4 2024 | 1,670 | $29.1B |
| Q3 2024 | 1,787 | $39.7B |
| Q2 2024 | 1,866 | $47.9B |
| Q1 2024 | 1,745 | $41.8B |
| Q4 2023 | 1,512 | $32.2B |
| Q3 2023 | 1,308 | $27.4B |
| Q2 2023 | 1,198 | $23.2B |
| Q1 2023 | 1,148 | $22.1B |
| Q4 2022 | 1,050 | $19.4B |
| Q3 2022 | 908 | $13.8B |
| Q2 2022 | 934 | $16.4B |
| Q1 2022 | 902 | $15.2B |
| Q4 2021 | 887 | $14.7B |
| Q3 2021 | 806 | $12.7B |
| Q2 2021 | 737 | $11.0B |
| Q1 2021 | 708 | $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.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Oak Family Advisors, LLC | 141,380 | $9.76M | 3.53% | +55,027+63.7% | Added |
| LHM, Inc. | 141,487 | $9.77M | 3.24% | +3,036+2.2% | Added |
| Fiduciary Trust Co | 142,887 | $9.86M | 0.12% | −24,308−14.5% | Reduced |
| Janney Capital Management LLC | 143,089 | $9.88M | 0.64% | +143,089 | New |
| Tower Research Capital LLC (TRC) | 143,241 | $9.89M | 0.27% | +134,532+1,544.7% | Added |
| W.G. Shaheen & Associates DBA Whitney & Co | 144,148 | $9.95M | 0.98% | +5,171+3.7% | Added |
| Deutsche Bank AG | 146,792 | $10.1M | 0.00% | −3,842−2.6% | Reduced |
| Banco Santander, S.A. | 148,154 | $10.2M | 0.10% | +19,763+15.4% | Added |
| Hardman Johnston Global Advisors LLC | 149,855 | $10.3M | 0.46% | +37,199+33.0% | Added |
| JustInvest LLC | 149,916 | $10.3M | 0.12% | +22,191+17.4% | Added |
| Capstone Investment Advisors, LLC | 150,000 | $10.4M | 0.09% | +150,000 | New |
| Mediolanum International Funds Ltd | 151,856 | $10.4M | 0.12% | +151,856 | New |
| HRT Financial LP | 151,706 | $10.5M | 0.05% | +92,142+154.7% | Added |
| Meritage Portfolio Management | 152,650 | $10.5M | 0.67% | −41,042−21.2% | Reduced |
| Kornitzer Capital Management Inc | 156,083 | $10.8M | 0.22% | +225+0.1% | Added |
| Janney Montgomery Scott LLC | 156,117 | $10.8M | 0.03% | +1,699+1.1% | Added |
| Level Four Advisory Services, LLC | 159,384 | $11.0M | 0.41% | +24,481+18.1% | Added |
| Parkwood LLC | 159,438 | $11.0M | 1.01% | −303,133−65.5% | Reduced |
| Generate Investment Management Ltd | 160,539 | $11.1M | 0.61% | +120,577+301.7% | Added |
| Captrust Financial Advisors | 160,641 | $11.1M | 0.02% | −28,101−14.9% | Reduced |
| Segment Wealth Management, LLC | 160,668 | $11.1M | 0.70% | +3,751+2.4% | Added |
| Stephens Inc | 150,409 | $11.1M | 0.15% | +2,721+1.8% | Added |
| Alliancebernstein L.P. | 162,634 | $11.2M | 0.00% | +139,963+617.4% | Added |
| Russell Investments Group, Ltd. | 162,711 | $11.2M | 0.01% | −61,629−27.5% | Reduced |
| Eldred Rock Partners, LLC | 165,219 | $11.4M | 3.47% | +69,184+72.0% | Added |
| Atwater Malick LLC | 165,605 | $11.4M | 3.62% | +1,736+1.1% | Added |
| Massachusetts Financial Services Co | 166,973 | $11.5M | 0.00% | +25,920+18.4% | Added |
| Mercer Global Advisors Inc | 168,903 | $11.7M | 0.03% | −2,145−1.3% | Reduced |
| Healthcare of Ontario Pension Plan Trust Fund | 169,355 | $11.7M | 0.02% | +169,355 | New |
| Northstar Asset Management Inc | 169,557 | $11.7M | 3.23% | +21,181+14.3% | Added |
| Evergreen Capital Management LLC | 171,348 | $11.8M | 0.36% | +19,955+13.2% | Added |
| Wesbanco Bank Inc | 173,685 | $12.0M | 0.36% | −4,116−2.3% | Reduced |
| Oppenheimer & Co Inc | 175,522 | $12.1M | 0.16% | +46,005+35.5% | Added |
| Polen Capital Management LLC | 178,669 | $12.3M | 0.04% | −823,237−82.2% | Reduced |
| Neuberger Berman Group LLC | 179,566 | $12.4M | 0.01% | −92−0.1% | Reduced |
| Marex Group plc | 181,066 | $12.5M | 0.24% | +108,883+150.8% | Added |
| Baldwin Brothers Inc | 181,125 | $12.5M | 0.85% | +11,609+6.8% | Added |
| Atria Investments LLC | 183,911 | $12.7M | 0.15% | +2,581+1.4% | Added |
| Northwestern Mutual Wealth Management Co | 186,142 | $12.8M | 0.01% | −217,249−53.9% | Reduced |
| Trillium Asset Management, LLC | 190,963 | $13.2M | 0.35% | −8,472−4.2% | Reduced |
| Scotia Capital Inc. | 191,347 | $13.2M | 0.06% | −20,863−9.8% | Reduced |
| Beacon Investment Advisory Services, Inc. | 193,163 | $13.3M | 0.59% | −73,904−27.7% | Reduced |
| Smith Chas P & Associates Pa Cpas | 197,466 | $13.6M | 0.77% | +116,413+143.6% | Added |
| Hutchinson Capital Management | 200,817 | $13.9M | 2.53% | +13,949+7.5% | Added |
| Manning & Napier Advisors LLC | 204,174 | $14.1M | 0.17% | +204,174 | New |
| Wealth Enhancement Advisory Services, LLC | 203,983 | $14.1M | 0.02% | −24,166−10.6% | Reduced |
| Walter Public Investments Inc. | 207,409 | $14.3M | 2.42% | −2,568−1.2% | Reduced |
| Cambridge Investment Research Advisors, Inc. | 207,969 | $14.4M | 0.04% | +47,243+29.4% | Added |
| Lido Advisors, LLC | 208,432 | $14.4M | 0.08% | −3,434−1.6% | Reduced |
| Silvercrest Asset Management Group LLC | 213,370 | $14.7M | 0.10% | −8,048−3.6% | Reduced |
| Choate Investment Advisors | 213,786 | $14.8M | 0.32% | +32,727+18.1% | Added |
| Capital World Investors | 215,686 | $14.8M | 0.00% | +7,916+3.8% | Added |
| Assetmark, Inc | 217,499 | $15.0M | 0.04% | −210,124−49.1% | Reduced |
| Guardian Capital LP | 217,665 | $15.0M | 0.53% | +5,870+2.8% | Added |
| JLB & Associates Inc | 218,198 | $15.1M | 2.10% | −1,041−0.5% | Reduced |
| Cim, LLC | 225,598 | $15.6M | 2.10% | +5,377+2.4% | Added |
| Tiaa Trust, National Association | 227,375 | $15.7M | 0.04% | +215,928+1,886.3% | Added |
| Altrafin AG | 228,399 | $15.8M | 5.32% | +39,816+21.1% | Added |
| QRG Capital Management, Inc. | 232,716 | $16.1M | 0.14% | +1,480+0.6% | Added |
| Barlow Wealth Partners, Inc. | 236,999 | $16.5M | 1.98% | +236,999 | New |
| Adviser Investments LLC | 242,060 | $16.7M | 0.21% | +153,460+173.2% | Added |
| Foresight Global Investors, Inc. | 242,166 | $16.7M | 11.87% | +242,166 | New |
| Twin Tree Management, LP | 245,148 | $16.9M | 0.43% | −44,050−15.2% | Reduced |
| Quantinno Capital Management LP | 245,440 | $16.9M | 0.07% | +8,393+3.5% | Added |
| MML Investors Services, LLC | 247,861 | $17.1M | 0.05% | −33,826−12.0% | Reduced |
| Standard Life Aberdeen plc | 256,040 | $17.7M | 0.03% | −24,694−8.8% | Reduced |
| Freestone Grove Partners LP | 256,224 | $17.7M | 0.13% | +256,224 | New |
| Brinker Capital Investments, LLC | 260,123 | $18.0M | 0.15% | −17,131−6.2% | Reduced |
| Wellington Management Group LLP | 260,619 | $18.0M | 0.00% | −761,088−74.5% | Reduced |
| Dividend Assets Capital, LLC | 262,362 | $18.1M | 3.29% | −3,825−1.4% | Reduced |
| Sanctuary Advisors, LLC | 267,019 | $18.4M | 0.11% | −33,357−11.1% | Reduced |
| Cetera Investment Advisers | 267,714 | $18.5M | 0.03% | −28,937−9.8% | Reduced |
| AXA S.A. | 267,933 | $18.5M | 0.05% | +130,406+94.8% | Added |
| Menora Mivtachim Holdings Ltd. | 270,168 | $18.6M | 0.11% | 00.0% | Unchanged |
| Clifford Swan Investment Counsel LLC | 273,715 | $18.9M | 0.67% | +84,043+44.3% | Added |
| Martin Investment Management, LLC | 276,747 | $19.1M | 4.90% | −12,236−4.2% | Reduced |
| IMC-Chicago, LLC | 278,543 | $19.2M | 0.48% | −35,942−11.4% | Reduced |
| Pathstone Holdings, LLC | 280,159 | $19.3M | 0.08% | −59,969−17.6% | Reduced |
| O'Shaughnessy Asset Management, LLC | 281,593 | $19.4M | 0.13% | +7,400+2.7% | Added |
| Group One Trading, L.P. | 282,591 | $19.5M | 0.64% | −22,804−7.5% | Reduced |
| Carnegie Capital Asset Management, LLC | 289,509 | $20.0M | 0.40% | +17,034+6.3% | Added |
| US Bancorp | 299,466 | $20.7M | 0.03% | −39,004−11.5% | Reduced |
| Dillon & Associates Inc | 303,883 | $21.0M | 2.85% | +8,769+3.0% | Added |
| Simplex Trading, LLC | 305,237 | $21.1M | 0.57% | +66,227+27.7% | Added |
| Alta Capital Management LLC | 307,717 | $21.2M | 1.21% | +19,130+6.6% | Added |
| Penbrook Management LLC | 311,400 | $21.5M | 16.16% | 00.0% | Unchanged |
| Charles Schwab Investment Management Inc | 314,627 | $21.7M | 0.00% | +53,384+20.4% | Added |
| Clark Capital Management Group, Inc. | 318,851 | $22.0M | 0.15% | −291−0.1% | Reduced |
| Leonteq Securities AG | 320,180 | $22.1M | 1.30% | +201,209+169.1% | Added |
| Franklin Resources Inc | 325,922 | $22.5M | 0.01% | −160,080−32.9% | Reduced |
| Acadian Asset Management LLC | 335,587 | $23.1M | 0.05% | −709,071−67.9% | Reduced |
| HSBC Holdings PLC | 338,245 | $23.2M | 0.01% | +59,686+21.4% | Added |
| CIBC Private Wealth Group, LLC | 345,067 | $23.8M | 0.04% | +13,404+4.0% | Added |
| HM Payson & Co | 348,521 | $24.1M | 0.38% | +341,480+4,849.9% | Added |
| Federation des caisses Desjardins du Quebec | 350,975 | $24.2M | 0.11% | +242,128+222.4% | Added |
| Causeway Capital Management LLC | 353,884 | $24.4M | 0.39% | +353,884 | New |
| HighTower Advisors, LLC | 361,696 | $25.0M | 0.03% | +28,330+8.5% | Added |
| Reynders McVeigh Capital Management, LLC | 363,889 | $25.1M | 1.25% | +363,889 | New |
| Modera Wealth Management, LLC | 365,751 | $25.2M | 0.31% | +6,045+1.7% | Added |
| Academy Capital Management Inc | 366,249 | $25.3M | 3.61% | −1,325−0.4% | Reduced |