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: 1,745 institutionsQ2 2024: 1,866 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 20241,866$47.9B
Q1 20241,745$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
Birchcreek Wealth Management, LLC5,427$374.6K0.21%+2,460+82.9%Added
Guardian Wealth Advisors, LLC5,418$373.9K0.03%+2,288+73.1%Added
Capital Management Associates, Inc5,410$373.4K0.12%+5,410New
Gallagher Capital Advisors, LLC6,893$372.1K0.30%−12,171−63.8%Reduced
Means Investment Co., Inc.5,387$371.8K0.04%−10,629−66.4%Reduced
Quadcap Wealth Management, LLC5,379$371.2K0.05%+200+3.9%Added
Private Advisory Group LLC5,374$370.9K0.03%−590−9.9%Reduced
Symphony Financial Services, Inc.5,371$370.5K0.22%−1,552−22.4%Reduced
Harbour Capital Advisors, LLC5,300$370.0K0.08%−40−0.7%Reduced
Mather Group, LLC.5,360$369.9K0.00%−573−9.7%Reduced
Thoroughbred Financial Services, LLC5,327$367.0K0.03%−14,061−72.5%Reduced
Armstrong, Fleming & Moore, Inc5,306$366.2K0.20%+5,306New
PMV Capital Advisers, LLC5,301$365.9K0.82%00.0%Unchanged
Samjo Management, LLC5,300$365.8K0.15%00.0%Unchanged
Vienna Asset Management LLC5,300$365.8K0.25%+5,300New
Independence Bank of Kentucky5,295$365.5K0.05%−8,965−62.9%Reduced
MJP Associates Inc5,271$363.8K0.05%+1,613+44.1%Added
Kingsview Wealth Management, LLC5,266$363.5K0.01%−138−2.6%Reduced
Western Wealth Management, LLC5,245$362.0K0.02%+706+15.6%Added
Stegent Equity Advisors, Inc.5,243$361.9K0.32%−13,904−72.6%Reduced
Westover Capital Advisors, LLC5,222$360.4K0.07%−70−1.3%Reduced
D'Orazio & Associates, Inc.5,205$359.3K0.05%−731−12.3%Reduced
Gryphon Financial Partners LLC5,203$359.1K0.05%+772+17.4%Added
Essex LLC5,194$358.5K0.07%+643+14.1%Added
Optas, LLC5,193$358.4K0.07%−126−2.4%Reduced
Asio Capital, LLC5,186$357.9K0.06%−150−2.8%Reduced
Rakuten Securities, Inc.5,170$356.8K0.14%+2,291+79.6%Added
Avestar Capital, LLC5,167$356.6K0.03%+334+6.9%Added
GWN Securities Inc.5,142$356.1K0.07%−1,914−27.1%Reduced
LJI Wealth Management, LLC5,130$354.1K0.06%+500+10.8%Added
Patton Albertson Miller Group, LLC5,130$354.1K0.05%00.0%Unchanged
Centric Wealth Management6,920$353.5K0.08%+780+12.7%Added
Wrapmanager Inc5,113$352.9K0.09%−2,051−28.6%Reduced
Sargent Investment Group, LLC7,776$352.9K0.05%−206−2.6%Reduced
GPS Wealth Strategies Group, LLC5,108$352.6K0.04%−432−7.8%Reduced
Reuter James Wealth Management, LLC5,096$351.7K0.06%+1,444+39.5%Added
Cynosure Management, LLC5,094$351.6K0.04%−4,710−48.0%Reduced
TRUE Private Wealth Advisors5,080$350.6K0.04%+5,080New
Union Savings Bank7,446$350.4K0.16%−169−2.2%Reduced
Hanson & Doremus Investment Management5,076$350.0K0.05%00.0%Unchanged
Sittner & Nelson, LLC5,065$349.6K0.14%+1,319+35.2%Added
Accretive Wealth Partners, LLC5,045$348.2K0.11%00.0%Unchanged
Central Trust Co5,045$348.2K0.01%−975−16.2%Reduced
Capital Group Investment Management Pte. Ltd.5,019$346.4K0.06%00.0%Unchanged
Arcadia Investment Management Corp5,000$345.1K0.06%−1,354−21.3%Reduced
FSM Wealth Advisors, LLC4,973$344.7K0.06%−698−12.3%Reduced
Forte Capital LLC4,982$343.9K0.04%−3,707−42.7%Reduced
Ameritas Advisory Services, LLC4,977$343.5K0.02%+1,449+41.1%Added
EverSource Wealth Advisors, LLC4,891$337.6K0.02%+511+11.7%Added
Aspiriant, LLC4,886$337.2K0.01%−373−7.1%Reduced
Romano Brothers and Company4,883$337.0K0.04%−1,490−23.4%Reduced
Mosaic Financial Group, LLC4,889$337.0K0.26%−30−0.6%Reduced
NorthRock Partners, LLC4,870$336.1K0.01%+4,870New
Tradewinds Capital Management, LLC4,860$335.4K0.08%00.0%Unchanged
Dover Advisors, LLC4,850$334.7K0.15%−2,304−32.2%Reduced
Blue Barn Wealth, LLC4,843$334.3K0.16%−271−5.3%Reduced
Hodges Capital Management Inc.4,842$334.2K0.03%−147−2.9%Reduced
Ocean Capital Management, LLC4,841$334.1K0.07%+20+0.4%Added
Baker Chad R4,815$332.3K0.06%00.0%Unchanged
Greenwich Wealth Management LLC4,800$331.0K0.02%+4,800New
CoreFirst Bank & Trust4,785$330.3K0.19%00.0%Unchanged
GHP Investment Advisors, Inc.4,771$329.3K0.01%00.0%Unchanged
North Berkeley Wealth Management, LLC4,740$327.2K0.30%−1,632−25.6%Reduced
Penserra Capital Management LLC4,748$327.0K0.00%−3,083−39.4%Reduced
BOK Financial Private Wealth, Inc.4,690$323.7K0.02%−2,810−37.5%Reduced
Lifestyle Asset Management, Inc.4,674$322.6K0.15%+1,778+61.4%Added
Burns J W & Co Inc4,600$317.5K0.04%−815−15.1%Reduced
Capital Investment Counsel, Inc4,600$317.5K0.04%+100+2.2%Added
Insight Advisors, LLC4,579$316.0K0.05%−247−5.1%Reduced
Larson Financial Group LLC4,579$316.0K0.01%+587+14.7%Added
Crestwood Advisors Group LLC4,566$315.1K0.01%−582−11.3%Reduced
44 Wealth Management LLC4,566$315.1K0.11%+4,566New
Grassi Investment Management4,570$315.0K0.03%00.0%Unchanged
Boston Private Wealth LLC4,560$314.7K0.02%+4,560New
Perennial Investment Advisors, LLC4,555$314.4K0.03%−118−2.5%Reduced
Gamco Investors, Inc. Et Al4,544$313.6K0.00%+4,544New
Foster Dykema Cabot & Partners, LLC4,526$312.4K0.02%00.0%Unchanged
Prossimo Advisors, LLC4,520$312.0K0.25%−5,327−54.1%Reduced
Princeton Global Asset Management LLC4,520$312.0K0.06%+270+6.4%Added
First Horizon Advisors, Inc.4,518$311.9K0.01%−2,424−34.9%Reduced
Williams Jones Wealth Management, LLC.4,505$310.9K0.00%−1,065−19.1%Reduced
Carson Advisory Inc.4,498$310.5K0.20%+4,498New
NFP Retirement, Inc.4,460$307.8K0.02%+4,460New
AMG National Trust Bank4,451$307.2K0.01%+20.0%Added
Wimmer Associates 1, LLC4,425$305.4K0.16%00.0%Unchanged
Painted Porch Advisors LLC4,412$304.5K0.12%00.0%Unchanged
Knights of Columbus Asset Advisors LLC4,386$302.7K0.02%00.0%Unchanged
Hobbs Group Advisors, LLC4,378$302.2K0.10%−382−8.0%Reduced
Werba Rubin Papier Wealth Management4,378$302.2K0.06%+173+4.1%Added
Hollencrest Capital Management4,305$297.1K0.01%00.0%Unchanged
BCJ Capital Management, LLC4,277$295.2K0.02%+4,277New
Whipplewood Advisors, LLC4,257$293.8K0.16%−1,310−23.5%Reduced
Colorado Capital Management, Inc.4,229$292.0K0.13%00.0%Unchanged
Kingswood Wealth Advisors, LLC4,203$290.1K0.02%−507−10.8%Reduced
Howland Capital Management LLC4,173$288.0K0.01%+128+3.2%Added
Badgley Phelps Wealth Managers, LLC4,153$286.6K0.01%−34−0.8%Reduced
Murphy & Mullick Capital Management Corp6,033$286.4K0.23%−119−1.9%Reduced
Abundance Wealth Counselors4,131$285.0K0.05%−212−4.9%Reduced
Beacon Financial Group4,129$285.0K0.03%+1,245+43.2%Added
Texas Capital Bancshares Inc4,095$282.6K0.10%00.0%Unchanged