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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
Generali Investments CEE, investicni spolecnost, a.s.14,942$1.03M0.08%00.0%Unchanged
King Luther Capital Management Corp14,943$1.03M0.00%−3,001−16.7%Reduced
Clarius Group, LLC14,970$1.03M0.06%+1,689+12.7%Added
Golden State Equity Partners15,112$1.04M0.19%+11,983+383.0%Added
Advisory Resource Group15,154$1.05M0.20%+651+4.5%Added
Edgemoor Investment Advisors, Inc.15,190$1.05M0.09%−536−3.4%Reduced
GeoWealth Management, LLC15,192$1.05M0.04%+4,575+43.1%Added
Channing Global Advisors, LLC15,228$1.05M0.68%+4,530+42.3%Added
Bristlecone Advisors, LLC15,260$1.05M0.09%−9,609−38.6%Reduced
Solstein Capital, LLC15,277$1.05M0.54%00.0%Unchanged
Beaumont Financial Advisors, LLC15,289$1.06M0.08%00.0%Unchanged
Vista Investment Management15,292$1.06M0.39%−769−4.8%Reduced
Rothschild Investment LLC15,477$1.07M0.07%−105,363−87.2%Reduced
Limestone Investment Advisors LP15,593$1.08M0.47%+15,593New
Horizon Kinetics Asset Management LLC15,598$1.08M0.01%−118−0.8%Reduced
Ascent Group, LLC15,670$1.08M0.04%−10,862−40.9%Reduced
Five Oceans Advisors15,762$1.09M0.46%−4,263−21.3%Reduced
Moser Wealth Advisors, LLC15,778$1.09M0.52%+678+4.5%Added
Institute for Wealth Management, LLC.15,826$1.09M0.12%00.0%Unchanged
Outfitter Financial LLC15,830$1.09M0.93%+4,220+36.3%Added
Wealth Alliance15,844$1.09M0.12%−338−2.1%Reduced
Seed Wealth Management, Inc.15,950$1.10M0.82%+1,920+13.7%Added
Formidable Asset Management, LLC15,948$1.11M0.19%00.0%Unchanged
Donaldson Capital Management, LLC16,069$1.11M0.04%−9,409−36.9%Reduced
Fairview Capital Investment Management, LLC16,070$1.11M0.06%00.0%Unchanged
Sunpointe, LLC16,202$1.12M0.44%+16,202New
Family Legacy, Inc.16,405$1.13M0.37%−2,564−13.5%Reduced
Independent Financial Group, LLC16,449$1.14M0.03%+5,775+54.1%Added
Highland Capital Management, LLC16,450$1.14M0.06%+100+0.6%Added
Sunbelt Securities, Inc.13,229$1.14M0.10%−3,387−20.4%Reduced
Jacobi Capital Management LLC16,487$1.14M0.08%+3,163+23.7%Added
Lighthouse Financial LLC16,501$1.14M0.87%−3,400−17.1%Reduced
Elefante Mark B16,528$1.14M0.86%+7,263+78.4%Added
Koshinski Asset Management, Inc.16,718$1.15M0.09%+1,148+7.4%Added
Naples Global Advisors, LLC16,741$1.16M0.10%+4,977+42.3%Added
Central Bank & Trust Co16,758$1.16M0.19%−3,997−19.3%Reduced
Princeton Capital Management LLC16,993$1.17M0.35%−8,675−33.8%Reduced
Bangor Savings Bank17,002$1.17M0.10%+22+0.1%Added
Sig Brokerage, LP17,038$1.18M0.32%+17,038New
Sowell Financial Services LLC17,047$1.18M0.05%−988−5.5%Reduced
Diversify Wealth Management, LLC23,707$1.18M0.07%+1,917+8.8%Added
Gitterman Wealth Management, LLC17,113$1.18M0.28%−1,985−10.4%Reduced
Fairfield, Bush & Co.17,209$1.19M0.67%+186+1.1%Added
Marks Group Wealth Management, Inc17,213$1.19M0.11%−1,089−6.0%Reduced
Cypress Asset Management Inc17,253$1.19M0.29%−1,142−6.2%Reduced
Oversea-Chinese Banking CORP Ltd17,531$1.19M0.03%−11,949−40.5%Reduced
Dakota Wealth Management17,301$1.19M0.03%−3,302−16.0%Reduced
First Citizens Bank & Trust Co17,404$1.20M0.02%−1,193−6.4%Reduced
Pensionmark Financial Group, LLC17,474$1.21M0.03%−1,624−8.5%Reduced
Pacific Point Advisors, LLC17,602$1.21M0.66%+1,191+7.3%Added
Potomac Fund Management Inc18,209$1.22M0.07%+1,393+8.3%Added
SkyView Investment Advisors, LLC17,933$1.23M0.18%+353+2.0%Added
Geneos Wealth Management Inc.17,815$1.23M0.03%−2,770−13.5%Reduced
Huntington National Bank17,860$1.23M0.01%−366−2.0%Reduced
HCR Wealth Advisors17,913$1.24M0.15%+3,430+23.7%Added
Integrity Alliance, LLC.18,056$1.25M0.07%−3,860−17.6%Reduced
Sapient Capital LLC18,114$1.25M0.02%−36,184−66.6%Reduced
Nemes Rush Group LLC18,124$1.25M0.14%−78,992−81.3%Reduced
Raelipskie Partnership18,325$1.26M0.58%−300−1.6%Reduced
Teamwork Financial Advisors, LLC18,388$1.27M0.16%−13,495−42.3%Reduced
Great Valley Advisor Group, Inc.18,393$1.27M0.03%−69,182−79.0%Reduced
Chicago Partners Investment Group LLC18,192$1.27M0.04%+35+0.2%Added
Procyon Private Wealth Partners, LLC18,473$1.27M0.12%−58,754−76.1%Reduced
Henshaw Capital LLC18,506$1.28M0.05%−4,483−19.5%Reduced
TCG Advisory Services, LLC18,572$1.28M0.04%−61,876−76.9%Reduced
Ronald Blue Trust, Inc.18,580$1.28M0.02%−1,886−9.2%Reduced
WealthTrust Axiom LLC18,595$1.28M0.38%+9,526+105.0%Added
Polar Asset Management Partners Inc.18,600$1.28M0.03%+18,600New
Pinnacle Wealth Planning Services, Inc.18,790$1.30M0.17%+3,477+22.7%Added
First American Trust, FSB18,800$1.30M0.10%−2,603−12.2%Reduced
Bank of Nova Scotia18,799$1.30M0.00%+6,630+54.5%Added
Banque Cantonale Vaudoise18,816$1.30M0.05%+4,241+29.1%Added
Clearstead Advisors, LLC18,831$1.30M0.02%−3,479−15.6%Reduced
Lakeside Advisors, INC.18,850$1.30M0.84%−200−1.0%Reduced
Bryn Mawr Trust Co18,895$1.30M0.02%+1,562+9.0%Added
AlphaCore Capital LLC18,949$1.31M0.05%+18,949New
Notis-McConarty Edward18,950$1.31M0.64%+14,540+329.7%Added
Pinnacle Financial Partners Inc19,027$1.31M0.03%+141+0.7%Added
Salem Investment Counselors Inc19,075$1.32M0.04%−4,400−18.7%Reduced
Nelson, Van Denburg & Campbell Wealth Management Group, LLC19,152$1.32M0.05%+1,402+7.9%Added
Sagespring Wealth Partners, LLC19,176$1.32M0.03%+1,140+6.3%Added
Toroso Investments, LLC19,347$1.34M0.01%+3,419+21.5%Added
HighPoint Advisor Group LLC19,411$1.34M0.07%−28−0.1%Reduced
Natural Investments, LLC19,454$1.34M0.35%+1,246+6.8%Added
Hirtle Callaghan & Co LLC19,457$1.34M0.05%+896+4.8%Added
Hennion & Walsh Asset Management, Inc.19,567$1.35M0.05%−465−2.3%Reduced
Sava Infond d.o.o.19,600$1.35M0.21%−1,100−5.3%Reduced
Banco de Sabadell, S.A19,732$1.36M0.94%00.0%Unchanged
Wealth Quarterback LLC19,816$1.37M0.65%+3,795+23.7%Added
Augustine Asset Management Inc19,842$1.37M0.37%+104+0.5%Added
Fullcircle Wealth LLC28,321$1.38M0.52%+2,283+8.8%Added
Stablepoint Partners, LLC20,066$1.38M0.24%+1,268+6.7%Added
Carnegie Lake Advisors LLC20,150$1.39M0.55%−100−0.5%Reduced
Personal Cfo Solutions, LLC20,294$1.40M0.26%−5,426−21.1%Reduced
Aaron Wealth Advisors20,315$1.40M0.14%−1,367−6.3%Reduced
Connor, Clark & Lunn Investment Management Ltd.20,321$1.40M0.00%−3,538−14.8%Reduced
Johnson Investment Counsel Inc20,379$1.41M0.01%+4,511+28.4%Added
Human Investing LLC20,522$1.42M0.22%−1,376−6.3%Reduced
Roberts Glore & Co Inc20,599$1.42M0.42%+9,510+85.8%Added
Empire Financial Management Company, LLC20,710$1.43M0.41%+20,710New