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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
D. Scott Neal, Inc.3,210$221.6K0.11%−40−1.2%Reduced
Brass Tax Wealth Management, Inc3,225$222.6K0.04%+3,225New
Ariadne Wealth Management, LP4,378$222.8K0.11%−51−1.2%Reduced
Laurel Wealth Advisors LLC3,255$224.7K0.03%00.0%Unchanged
Sage Private Wealth Group, LLC3,273$225.9K0.14%+3,273New
Hilltop National Bank3,277$226.2K0.06%+3,277New
Prosperity Consulting Group, LLC3,283$226.6K0.02%−3,678−52.8%Reduced
Colonial Trust Advisors3,287$226.9K0.02%−228−6.5%Reduced
Sand Hill Global Advisors, LLC3,287$226.9K0.01%+3,287New
Sharp Financial Services, LLC3,300$227.8K0.15%−200−5.7%Reduced
Cypress Advisory Group LLC3,300$227.8K0.18%00.0%Unchanged
Family Management Corp3,330$229.8K0.03%−569−14.6%Reduced
OneAscent Financial Services LLC3,319$230.0K0.02%−5,987−64.3%Reduced
Horizon Investment Services, LLC3,345$230.9K0.10%+15+0.5%Added
Kaizen Financial Strategies3,354$231.5K0.12%+372+12.5%Added
Xponance, Inc.3,372$232.7K0.00%+58+1.8%Added
Wilkinson Global Asset Management LLC3,380$233.3K0.01%00.0%Unchanged
Financial Engines Advisors L.L.C.3,384$234.0K0.00%+3,384New
AA Financial Advisors, LLC3,391$234.1K0.05%+3,391New
Hoxton Planning & Management, LLC3,402$234.8K0.08%−294−8.0%Reduced
Northeast Investment Management3,405$235.0K0.01%00.0%Unchanged
Simplicity Wealth,LLC3,423$236.3K0.01%+240+7.5%Added
Novare Capital Management LLC3,424$236.3K0.02%00.0%Unchanged
Alterna Wealth Management, Inc3,431$236.8K0.19%+3,431New
Harbor Investment Advisory, LLC3,433$236.9K0.02%+1,059+44.6%Added
Impact Capital Partners LLC3,439$237.4K0.08%+494+16.8%Added
HBW Advisory Services LLC3,443$237.6K0.03%+3,443New
Cornerstone Select Advisors, LLC3,443$237.6K0.21%−115−3.2%Reduced
Old Port Advisors3,466$239.2K0.07%+388+12.6%Added
BIP Wealth, LLC3,493$241.1K0.01%−149−4.1%Reduced
MSA Advisors, LLC3,500$241.6K0.06%00.0%Unchanged
Tiemann Investment Advisors, LLC3,500$241.6K0.10%00.0%Unchanged
Pure Financial Advisors, Inc.3,501$241.6K0.00%+3,501New
Veracity Capital LLC3,473$242.2K0.08%−142−3.9%Reduced
Graham Capital Management, L.P.3,518$242.8K0.01%−12,782−78.4%Reduced
C2P Capital Advisory Group, LLC d.b.a. Prosperity Capital Advisors3,526$243.4K0.02%+417+13.4%Added
Stanley-Laman Group, Ltd.3,531$243.7K0.04%−2,087−37.1%Reduced
Colonial River Wealth Management, LLC3,435$243.9K0.11%−151−4.2%Reduced
SeaBridge Investment Advisors LLC3,535$244.0K0.05%+600+20.4%Added
Ledyard National Bank3,543$244.5K0.02%−779−18.0%Reduced
Foster Group, Inc.3,554$245.3K0.01%+444+14.3%Added
Cobblestone Capital Advisors LLC3,556$245.4K0.01%00.0%Unchanged
IFC Advisors LLC3,582$247.2K0.05%−219−5.8%Reduced
Paces Ferry Wealth Advisors, LLC3,614$249.4K0.11%−177−4.7%Reduced
WSFS Capital Management, LLC3,626$250.3K0.01%+12+0.3%Added
Gries Financial LLC3,626$250.3K0.05%+136+3.9%Added
Cornerstone Advisory, LLC3,640$251.2K0.03%+596+19.6%Added
Camden Capital, LLC3,645$251.5K0.02%+186+5.4%Added
Chesley Taft & Associates LLC3,650$251.9K0.01%+90+2.5%Added
Cyndeo Wealth Partners, LLC3,656$252.3K0.01%−143−3.8%Reduced
Fortress Financial Solutions, LLC3,686$254.4K0.32%+73+2.0%Added
Stock Yards Bank & Trust Co3,696$255.1K0.01%−651−15.0%Reduced
Chevy Chase Trust Holdings, Inc.3,696$255.1K0.00%+287+8.4%Added
Elser Financial Planning, Inc3,714$256.3K0.32%00.0%Unchanged
Rosenberg Matthew Hamilton3,716$256.5K0.06%−96−2.5%Reduced
Byrne Asset Management LLC–$257.2K0.17%––
Brandywine Managers, LLC3,747$258.6K0.26%−475−11.3%Reduced
Mosaic Family Wealth Partners, LLC3,748$258.7K0.03%+550+17.2%Added
Shelton Capital Management3,790$261.6K0.01%00.0%Unchanged
Encompass More Asset Management3,824$263.9K0.06%−340−8.2%Reduced
Curat Global, LLC3,830$264.3K0.25%00.0%Unchanged
RIA Advisory Group LLC3,831$264.4K0.08%+776+25.4%Added
Wealthcare Advisory Partners LLC3,834$264.7K0.01%−452−10.5%Reduced
Drive Wealth Management, LLC3,859$266.3K0.06%−1,348−25.9%Reduced
Winthrop Capital Management, LLC3,861$267.0K0.07%+299+8.4%Added
Cannon Advisors, Inc.3,886$268.2K0.22%−62−1.6%Reduced
LCM Capital Management Inc3,895$268.9K0.14%−26−0.7%Reduced
Aegis Wealth Management LLC3,902$271.0K0.16%00.0%Unchanged
Stratos Wealth Advisors, LLC3,928$271.2K0.01%+832+26.9%Added
SRS Capital Advisors, Inc.3,317$271.4K0.01%−3,218−49.2%Reduced
Key Financial Inc3,932$271.4K0.05%00.0%Unchanged
Diversified Trust Co3,939$271.9K0.01%−105−2.6%Reduced
Marshall Financial Group LLC3,932$272.6K0.05%−980−20.0%Reduced
FineMark National Bank & Trust3,969$273.9K0.01%+474+13.6%Added
Kuhn & Co Investment Counsel3,970$274.0K0.21%+85+2.2%Added
Alpine Bank Wealth Management3,996$275.8K0.04%−1,122−21.9%Reduced
Fca Corp4,000$276.1K0.08%00.0%Unchanged
Park National Corp4,010$276.8K0.01%−703−14.9%Reduced
Roman Butler Fullerton & Co3,869$277.4K0.08%+3,869New
Opinicus Capital, Inc.4,024$277.8K0.21%−569−12.4%Reduced
CWA Asset Management Group, LLC4,028$278.0K0.01%−68,603−94.5%Reduced
Annex Advisory Services, LLC4,033$278.4K0.01%−297−6.9%Reduced
Redmond Asset Management, LLC4,039$278.8K0.07%00.0%Unchanged
Everpar Advisors LLC4,046$279.3K0.13%−69−1.7%Reduced
Phillips Wealth Planners LLC4,014$279.5K0.25%−28−0.7%Reduced
Strategy Asset Managers LLC4,084$281.9K0.05%00.0%Unchanged
Texas Capital Bancshares Inc4,095$282.6K0.10%00.0%Unchanged
Beacon Financial Group4,129$285.0K0.03%+1,245+43.2%Added
Abundance Wealth Counselors4,131$285.0K0.05%−212−4.9%Reduced
Murphy & Mullick Capital Management Corp6,033$286.4K0.23%−119−1.9%Reduced
Badgley Phelps Wealth Managers, LLC4,153$286.6K0.01%−34−0.8%Reduced
Howland Capital Management LLC4,173$288.0K0.01%+128+3.2%Added
Kingswood Wealth Advisors, LLC4,203$290.1K0.02%−507−10.8%Reduced
Colorado Capital Management, Inc.4,229$292.0K0.13%00.0%Unchanged
Whipplewood Advisors, LLC4,257$293.8K0.16%−1,310−23.5%Reduced
BCJ Capital Management, LLC4,277$295.2K0.02%+4,277New
Hollencrest Capital Management4,305$297.1K0.01%00.0%Unchanged
Werba Rubin Papier Wealth Management4,378$302.2K0.06%+173+4.1%Added
Hobbs Group Advisors, LLC4,378$302.2K0.10%−382−8.0%Reduced
Knights of Columbus Asset Advisors LLC4,386$302.7K0.02%00.0%Unchanged