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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
Blume Capital Management, Inc.220$15.2K0.00%+56+34.1%Added
MJT & Associates Financial Advisory Group, Inc.224$15.5K0.02%00.0%Unchanged
ORG Wealth Partners, LLC225$15.7K0.00%−83−26.9%Reduced
CVA Family Office, LLC230$15.9K0.00%00.0%Unchanged
Vermillion & White Wealth Management Group, LLC236$16.3K0.01%00.0%Unchanged
Pingora Partners LLC240$16.6K0.01%00.0%Unchanged
Capital Analysts, LLC256$17.0K0.00%−148−36.6%Reduced
Evermay Wealth Management LLC250$17.3K0.00%00.0%Unchanged
Piscataqua Savings Bank250$17.3K0.01%00.0%Unchanged
Innovative Advisory Group, LLC250$17.3K0.01%00.0%Unchanged
Bank & Trust Co257$17.7K0.01%00.0%Unchanged
Newbridge Financial Services Group, Inc.257$17.7K0.00%+10+4.0%Added
MPWM Advisory Solutions, LLC260$17.9K0.01%00.0%Unchanged
Atlas Capital Advisors LLC268$18.5K0.00%00.0%Unchanged
Redmont Wealth Advisors LLC268$18.5K0.03%+268New
Pacific Center for Financial Services270$18.6K0.01%00.0%Unchanged
CNB Bank280$19.3K0.01%00.0%Unchanged
Raffa Wealth Management, LLC297$20.5K0.00%−56−15.9%Reduced
Park Square Financial Group, LLC300$20.7K0.01%−9−2.9%Reduced
Johnson Financial Group, Inc.300$20.7K0.00%00.0%Unchanged
Citizens National Bank Trust Department300$20.7K0.00%00.0%Unchanged
MTM Investment Management, LLC300$20.7K0.01%+300New
Kathleen S. Wright Associates Inc.302$20.8K0.01%00.0%Unchanged
Caldwell Sutter Capital, Inc.312$21.5K0.01%−236−43.1%Reduced
Hartford Financial Management Inc.318$21.9K0.01%−114−26.4%Reduced
IAG Wealth Partners, LLC326$22.5K0.00%00.0%Unchanged
First Command Advisory Services, Inc.330$22.8K0.00%−21−6.0%Reduced
Riggs Asset Managment Co. Inc.331$22.8K0.01%+214+182.9%Added
LFA - Lugano Financial Advisors SA340$23.5K0.01%+170+100.0%Added
Allianz SE340$23.5K0.00%+340New
Ritter Daniher Financial Advisory LLC350$24.2K0.01%00.0%Unchanged
Strategic Investment Solutions, Inc.200$24.2K0.01%+189+1,718.2%Added
Medallion Wealth Advisors, LLC348$24.2K0.01%−140−28.7%Reduced
Albion Financial Group353$24.4K0.00%00.0%Unchanged
Bullock Wealth Management Group358$25.0K0.01%+117+48.5%Added
Glass Jacobson Investment Advisors llc370$25.5K0.01%−40−9.8%Reduced
Prestige Wealth Management Group LLC379$26.2K0.01%00.0%Unchanged
Disciplina Capital Management LLC416$28.7K0.00%−64−13.3%Reduced
Pin Oak Investment Advisors Inc425$29.0K0.02%−14−3.2%Reduced
Ameritas Investment Partners, Inc.422$29.1K0.00%00.0%Unchanged
Roble, Belko & Company, Inc433$30.0K0.00%00.0%Unchanged
Rossby Financial, LCC435$30.0K0.01%−416−48.9%Reduced
Oakworth Capital, Inc.436$30.1K0.00%−339−43.7%Reduced
NewSquare Capital LLC444$30.6K0.00%+282+174.1%Added
Bell Investment Advisors, Inc445$30.7K0.01%+71+19.0%Added
GW&K Investment Management, LLC442$31.0K0.00%00.0%Unchanged
DAGCO, Inc.450$31.1K0.01%−50−10.0%Reduced
Kelly Lawrence W & Associates Inc450$31.1K0.01%00.0%Unchanged
WealthCollab, LLC472$32.6K0.02%−126−21.1%Reduced
Atlantic Edge Private Wealth Management, LLC475$32.8K0.01%00.0%Unchanged
Red Tortoise LLC476$32.9K0.02%00.0%Unchanged
Armstrong Advisory Group, Inc478$33.0K0.00%+118+32.8%Added
CX Institutional480$33.0K0.00%−42−8.0%Reduced
Fourth Dimension Wealth, LLC480$33.1K0.01%−100−17.2%Reduced
Cornerstone Planning Group LLC708$33.4K0.01%−134−15.9%Reduced
Kozak & Associates, Inc.480$33.5K0.01%00.0%Unchanged
Tortoise Investment Management, LLC489$33.8K0.00%00.0%Unchanged
Plante Moran Financial Advisors, LLC490$33.8K0.00%00.0%Unchanged
Indiana Trust & Investment Management CO491$33.9K0.01%00.0%Unchanged
Salomon & Ludwin, LLC486$33.9K0.00%+26+5.7%Added
POM Investment Strategies, LLC494$34.1K0.02%00.0%Unchanged
Chelsea Counsel Co500$34.5K0.02%00.0%Unchanged
Spirit of America Management Corp500$34.5K0.01%00.0%Unchanged
Hoese & Co LLP500$34.5K0.03%00.0%Unchanged
Hager Investment Management Services, LLC530$36.6K0.02%00.0%Unchanged
Mid-American Wealth Advisory Group, Inc.534$36.9K0.02%+534New
Pinnacle Bancorp, Inc.542$37.4K0.01%−400−42.5%Reduced
DT Investment Partners, LLC542$37.4K0.00%00.0%Unchanged
Highline Wealth Partners LLC544$37.5K0.01%−39−6.7%Reduced
Halbert Hargrove Global Advisors, LLC549$37.9K0.00%−12−2.1%Reduced
FWL Investment Management, LLC557$38.4K0.01%+100+21.9%Added
Maseco LLP570$39.3K0.00%+570New
Copeland Capital Management, LLC579$40.0K0.00%+186+47.3%Added
North Capital, Inc.587$40.5K0.03%+195+49.7%Added
Granite FO LLC590$40.7K0.02%00.0%Unchanged
Graney & King, LLC612$42.2K0.03%+5+0.8%Added
Trifecta Capital Advisors, LLC616$42.5K0.01%00.0%Unchanged
Financial Management Professionals, Inc.624$43.1K0.00%+76+13.9%Added
Twin Peaks Wealth Advisors, LLC915$45.5K0.01%+915New
UMA Financial Services, Inc.672$46.4K0.01%−758−53.0%Reduced
ORG Partners LLC700$48.9K0.01%00.0%Unchanged
Atwood & Palmer Inc737$50.9K0.00%+178+31.8%Added
MCF Advisors LLC755$52.1K0.00%00.0%Unchanged
Olistico Wealth, LLC755$52.1K0.03%−2,207−74.5%Reduced
Washington Trust Advisors, Inc.778$53.7K0.00%00.0%Unchanged
Accent Capital Management, LLC789$54.5K0.02%+147+22.9%Added
TD Capital Management LLC793$54.7K0.01%+585+281.3%Added
Covestor Ltd796$55.0K0.03%−746−48.4%Reduced
Missouri Trust & Investment Co800$55.2K0.02%00.0%Unchanged
Center for Financial Planning, Inc.814$56.2K0.01%+644+378.8%Added
Colonial Trust Co832$57.4K0.01%−204−19.7%Reduced
Fortitude Family Office, LLC838$57.8K0.02%+34+4.2%Added
Lavaca Capital LLC840$58.0K0.02%00.0%Unchanged
Provenance Wealth Advisors, LLC841$58.0K0.01%−2,716−76.4%Reduced
Transamerica Financial Advisors, Inc.856$59.0K0.01%+106+14.1%Added
Trust Co of Toledo NA856$59.1K0.01%+856New
Bogart Wealth, LLC857$59.1K0.00%−85−9.0%Reduced
Kennebec Savings Bank892$61.6K0.06%00.0%Unchanged
TSFG, LLC901$62.0K0.01%+250+38.4%Added
Evelyn Partners Investment Management Services Ltd938$64.7K0.01%00.0%Unchanged