Skip to main content

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
Eisler Capital Management Ltd.5,710$394.3K0.01%+5,710New
True North Advisors, LLC5,732$395.6K0.08%+2,232+63.8%Added
Unique Wealth Strategies, LLC5,750$396.9K0.17%00.0%Unchanged
Banque Transatlantique SA5,754$397.7K0.01%+2,924+103.3%Added
Mission Creek Capital Partners, Inc.5,798$400.2K0.09%+43+0.7%Added
Prelude Capital Management, LLC5,802$400.5K0.04%−11,412−66.3%Reduced
Mainstay Capital Management LLC5,838$402.9K0.02%+5,838New
Chemung Canal Trust Co5,854$404.0K0.08%−370−5.9%Reduced
Cordatus Wealth Management LLC5,868$405.0K0.10%−106−1.8%Reduced
Nomura Asset Management Co Ltd5,872$405.3K0.00%+5,872New
Aureus Asset Management, LLC5,876$405.6K0.03%+5,876New
Plimoth Trust Co LLC5,900$407.2K0.10%+10+0.2%Added
First Affirmative Financial Network5,922$408.7K0.21%+1,019+20.8%Added
GQG Partners LLC5,923$408.8K0.00%−111,202−94.9%Reduced
Jaffetilchin Investment Partners, LLC5,924$408.9K0.03%+5,924New
Brucke Financial, Inc.5,944$410.3K0.29%−157−2.6%Reduced
Zuckerman Investment Group, LLC5,952$410.8K0.04%−1,700−22.2%Reduced
Red Wave Investments LLC5,956$411.1K0.14%+64+1.1%Added
Capital Investment Advisors, LLC5,960$411.4K0.01%+152+2.6%Added
Verus Capital Partners, LLC5,984$413.0K0.04%+2,296+62.3%Added
Westfield Capital Management Co LP5,995$413.8K0.00%+5,995New
AXS Investments LLC6,000$414.1K0.17%00.0%Unchanged
Martel Wealth Advisors Inc6,000$414.1K0.08%00.0%Unchanged
Monticello Wealth Management, LLC6,024$415.8K0.03%+307+5.4%Added
Klingman & Associates, LLC6,055$417.9K0.02%+2,753+83.4%Added
Lockerman Financial Group, Inc.6,056$418.0K0.56%+6,056New
Canandaigua National Bank & Trust Co6,068$418.8K0.04%+1,795+42.0%Added
Empower Advisory Group, LLC6,093$420.6K0.00%−4,549−42.7%Reduced
Bank of Stockton6,120$422.4K0.13%−1,811−22.8%Reduced
Flputnam Investment Management Co6,136$423.5K0.01%+1,070+21.1%Added
XTX Topco Ltd6,144$424.1K0.02%−4,018−39.5%Reduced
Fox Hill Wealth Management6,160$425.2K0.22%−225−3.5%Reduced
Legacy Capital Wealth Partners, LLC6,174$426.1K0.10%−404−6.1%Reduced
Abel Hall, LLC6,205$428.3K0.20%+1,184+23.6%Added
Security Financial Services, INC.6,215$429.0K0.08%+1,212+24.2%Added
Invst, LLC6,246$431.1K0.05%−461−6.9%Reduced
Leavell Investment Management, Inc.6,250$431.4K0.02%+978+18.6%Added
Herold Advisors, Inc.6,262$432.2K0.09%+962+18.2%Added
Custom Index Systems, LLC6,281$433.5K0.21%−2,030−24.4%Reduced
Horizon Investments, LLC6,374$439.9K0.01%+908+16.6%Added
Ameriflex Group, Inc.6,511$440.8K0.23%+525+8.8%Added
Flow Traders U.S. LLC6,467$446.0K0.02%−16,997−72.4%Reduced
Intrust Bank NA6,465$446.2K0.04%−895−12.2%Reduced
First Financial Corp6,470$446.6K0.20%00.0%Unchanged
Sierra Ocean, LLC6,474$446.8K0.32%−31−0.5%Reduced
FDx Advisors, Inc.6,490$448.0K0.14%−3,802−36.9%Reduced
Gordian Capital Singapore Pte Ltd6,500$448.6K0.68%00.0%Unchanged
Bellevue Group AG6,500$448.6K0.01%+6,500New
Diversify Advisory Services, LLC9,017$448.9K0.02%+766+9.3%Added
Canopy Partners, LLC6,504$448.9K0.16%+71+1.1%Added
Strategic Wealth Designers6,518$449.9K0.65%+1,066+19.6%Added
Jim Saulnier & Associates, LLC6,544$451.7K0.31%+230+3.6%Added
Gallacher Capital Management LLC6,552$452.2K0.21%+144+2.2%Added
Montis Financial, LLC6,568$453.3K0.13%−3,650−35.7%Reduced
Southland Equity Partners LLC6,575$453.8K0.10%+297+4.7%Added
Seven Mile Advisory6,619$456.8K0.27%+545+9.0%Added
Ridgewood Investments LLC6,627$457.4K0.20%+4,457+205.4%Added
Marco Investment Management LLC6,702$462.6K0.04%00.0%Unchanged
InTrack Investment Management Inc6,731$464.6K0.31%+6,731New
Empirical Financial Services, LLC d.b.a. Empirical Wealth Management6,760$466.6K0.01%+232+3.6%Added
Modern Wealth Management, LLC6,774$467.5K0.01%+806+13.5%Added
Accuvest Global Advisors6,784$468.0K0.30%+6,784New
SeaCrest Wealth Management, LLC6,782$468.1K0.05%−4,456−39.7%Reduced
Curated Wealth Partners LLC6,789$468.6K0.05%+18+0.3%Added
BNC Wealth Management, LLC6,806$469.7K0.14%00.0%Unchanged
Rock Point Advisors, LLC6,850$472.8K0.13%−150−2.1%Reduced
Zurcher Kantonalbank (Zurich Cantonalbank)6,899$476.2K0.00%+6,307+1,065.4%Added
Bayesian Capital Management, LP6,900$476.2K0.08%−5,500−44.4%Reduced
Old National Bancorp6,903$476.4K0.01%+3,140+83.4%Added
Financial Advocates Investment Management6,944$479.3K0.04%−8,515−55.1%Reduced
Journey Strategic Wealth LLC6,955$480.0K0.02%−2,451−26.1%Reduced
Samalin Investment Counsel, LLC6,979$481.7K0.18%+372+5.6%Added
LRT Capital Management, LLC6,983$482.0K0.29%−7,354−51.3%Reduced
Heritage Family Offices, LLP6,968$482.9K0.24%00.0%Unchanged
American National Bank7,005$483.5K0.05%−13−0.2%Reduced
Garden State Investment Advisory Services LLC7,059$487.3K0.13%+3,167+81.4%Added
Calamos Wealth Management LLC7,067$487.8K0.02%−15,697−69.0%Reduced
GKV Capital Management Co., Inc.7,100$490.0K0.22%+7,100New
Cromwell Holdings LLC7,140$492.8K0.30%+1,436+25.2%Added
Boreal Capital Management LLC7,165$494.5K0.41%+7,165New
PAX Financial Group, LLC7,228$498.9K0.10%−2,891−28.6%Reduced
Miracle Mile Advisors, LLC7,257$500.8K0.01%+3,255+81.3%Added
Motco10,665$502.0K0.05%+1,005+10.4%Added
Defined Wealth Management, LLC7,278$502.3K0.31%+785+12.1%Added
Bridges Investment Management Inc7,300$503.8K0.01%−250−3.3%Reduced
First Manhattan Co7,300$503.8K0.00%+59+0.8%Added
Buckingham Strategic Partners7,318$504.2K0.01%+1,024+16.3%Added
Quintet Private Bank (Europe) S.A.7,313$504.7K0.03%+62+0.9%Added
LifeSteps Financial, Inc.7,340$506.6K0.35%−12−0.2%Reduced
Wynn Capital, LLC7,366$508.4K0.27%+276+3.9%Added
CoreCap Advisors, LLC7,372$508.8K0.02%+809+12.3%Added
One Capital Management, LLC7,373$508.9K0.02%−72−1.0%Reduced
Net Worth Advisory Group7,385$509.7K0.11%+1,605+27.8%Added
Laraway Financial Inc7,406$511.2K0.39%00.0%Unchanged
Mayflower Financial Advisors, LLC7,454$514.5K0.07%+2,380+46.9%Added
Peoples Financial Services Corp.7,466$515.3K0.25%−1,010−11.9%Reduced
NBC Securities, Inc.7,477$516.0K0.04%−477−6.0%Reduced
Mirabaud & Cie SA7,500$517.6K0.16%−140−1.8%Reduced
Philadelphia Trust Co7,500$518.0K0.04%00.0%Unchanged
Steel Peak Wealth Management LLC7,505$518.0K0.02%−704−8.6%Reduced