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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: 1,745 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
Bank of Jackson Hole Trust160$11.0K0.01%00.0%Unchanged
Hurley Capital, LLC160$11.0K0.01%00.0%Unchanged
Maryland Capital Advisors Inc.159$11.0K0.00%+159New
SJS Investment Consulting Inc.154$10.6K0.00%00.0%Unchanged
Creative Financial Designs Inc148$10.2K0.00%−565−79.2%Reduced
Wood Tarver Financial Group, LLC158$10.0K0.00%00.0%Unchanged
True Wealth Design, LLC143$9.87K0.00%+48+50.5%Added
Mark Sheptoff Financial Planning, LLC135$9.30K0.00%+22+19.5%Added
Godsey & Gibb Associates133$9.18K0.00%00.0%Unchanged
Baillie Gifford & Co130$8.97K0.00%−46−26.1%Reduced
CarsonAllaria Wealth Management, Ltd.122$8.42K0.00%00.0%Unchanged
Bare Financial Services, Inc120$8.28K0.00%+79+192.7%Added
Macquarie Group Ltd111$8.00K0.00%−541−83.0%Reduced
Newton One Investments LLC115$7.94K0.00%00.0%Unchanged
Compass Planning Associates Inc115$7.94K0.01%00.0%Unchanged
Financial Freedom, LLC115$7.93K0.00%00.0%Unchanged
Legacy Wealth Managment, LLC109$7.52K0.00%00.0%Unchanged
Legacy Investment Solutions, LLC109$7.52K0.00%+109New
First United Bank Trust105$7.25K0.00%00.0%Unchanged
Wolff Wiese Magana LLC104$7.18K0.00%00.0%Unchanged
Archer Investment Corp103$7.11K0.00%+1+1.0%Added
Safe Harbor Fiduciary, LLC102$7.04K0.01%+100+5,000.0%Added
First PREMIER Bank100$7.00K0.00%−34−25.4%Reduced
Gold Investment Management Ltd.100$6.98K0.00%00.0%Unchanged
Global Wealth Strategies & Associates100$6.90K0.00%−105−51.2%Reduced
Game Plan Financial Advisors, LLC100$6.90K0.00%00.0%Unchanged
Quest 10 Wealth Builders, Inc.100$6.90K0.01%00.0%Unchanged
Team Financial Group, LLC100$6.90K0.00%+100New
Hughes Financial Services, LLC152$6.90K0.00%−730−82.8%Reduced
1620 Investment Advisors, Inc.96$6.63K0.00%−75−43.9%Reduced
JDM Financial Group LLC95$6.56K0.00%00.0%Unchanged
Cape Investment Advisory, Inc.94$6.49K0.00%−28−23.0%Reduced
HHM Wealth Advisors, LLC90$6.21K0.00%−2−2.2%Reduced
Inlight Wealth Management, LLC90$6.21K0.00%00.0%Unchanged
Total Investment Management Inc89$6.14K0.00%+89New
Western Pacific Wealth Management, LP80$5.52K0.01%00.0%Unchanged
West Branch Capital LLC78$5.38K0.00%00.0%Unchanged
Hopwood Financial Services, Inc.78$5.38K0.00%00.0%Unchanged
Horrell Capital Management, Inc.75$5.18K0.00%00.0%Unchanged
Retirement Wealth Solutions LLC72$4.97K0.00%−6−7.7%Reduced
Iron Horse Wealth Management, LLC70$4.83K0.00%−10−12.5%Reduced
Beaird Harris Wealth Management, LLC69$4.75K0.00%−31−31.0%Reduced
Hoey Investments, Inc68$4.69K0.00%00.0%Unchanged
Bruce G. Allen Investments, LLC68$4.69K0.00%−162−70.4%Reduced
Barnes Dennig Private Wealth Management LLC68$4.69K0.01%00.0%Unchanged
DecisionPoint Financial, LLC66$4.61K0.00%00.0%Unchanged
Transce3nd, LLC65$4.49K0.00%−324−83.3%Reduced
CGC Financial Services, LLC65$4.49K0.00%00.0%Unchanged
Aspect Partners, LLC63$4.35K0.00%+39+162.5%Added
Principia Wealth Advisory, LLC61$4.21K0.00%+61New
DiNuzzo Private Wealth, Inc.60$4.14K0.00%00.0%Unchanged
Delta Asset Management LLC60$4.14K0.00%00.0%Unchanged
SWAN Capital LLC60$4.14K0.00%+60New
HighMark Wealth Management LLC59$4.04K0.00%−2−3.3%Reduced
Wealth Preservation Advisors, LLC58$4.00K0.00%+48+480.0%Added
Crowley Wealth Management, Inc.50$3.45K0.00%−200−80.0%Reduced
Accredited Wealth Management, LLC50$3.45K0.00%−100−66.7%Reduced
New Millennium Group LLC46$3.17K0.00%00.0%Unchanged
United Community Bank46$3.17K0.00%+46New
Kilter Group LLC45$3.11K0.00%+45New
CKW Financial Group50$3.00K0.00%+20+66.7%Added
Riverview Trust Co42$2.90K0.00%−42−50.0%Reduced
Slocum, Gordon & Co LLP42$2.90K0.00%−2−4.5%Reduced
Robinswood Financial LLC41$2.83K0.00%00.0%Unchanged
IMG Wealth Management, Inc.39$2.69K0.00%+39New
Country Trust Bank38$2.62K0.00%−29−43.3%Reduced
St. Johns Investment Management Company, LLC38$2.62K0.00%00.0%Unchanged
Abound Wealth Management32$2.23K0.00%−209−86.7%Reduced
NVWM, LLC31$2.17K0.00%00.0%Unchanged
Proathlete Wealth Management LLC31$2.14K0.00%+27+675.0%Added
Belmont Capital, LLC30$2.07K0.00%00.0%Unchanged
Clear Investment Research, LLC29$2.00K0.00%00.0%Unchanged
Walleye Capital LLC28$1.93K0.00%−190,926−100.0%Reduced
Rogco, LP25$1.73K0.00%00.0%Unchanged
Pacifica Partners Inc.24$1.64K0.00%00.0%Unchanged
MV Capital Management, Inc.20$1.38K0.00%00.0%Unchanged
Richard W. Paul & Associates, LLC20$1.38K0.00%00.0%Unchanged
Evolution Wealth Management Inc.20$1.38K0.00%+20New
Winch Advisory Services, LLC18$1.26K0.00%00.0%Unchanged
West Oak Capital, LLC17$1.20K0.00%+1+6.3%Added
Kestra Investment Management, LLC13$9030.00%00.0%Unchanged
Berkshire Capital Holdings Inc10$6900.00%00.0%Unchanged
Beacon Capital Management, Inc.10$6900.00%+10New
Fiduciary Advisors, Inc.8$5530.00%00.0%Unchanged
Horizon Financial Services, LLC8$5520.00%00.0%Unchanged
PFS Partners, LLC4$2770.00%00.0%Unchanged
Amundi0$00.00%−4,938,507−100.0%Sold out
D. E. Shaw & Co., Inc.0$00.00%−2,582,572−100.0%Sold out
Qube Research & Technologies Ltd0$00.00%−883,125−100.0%Sold out
Capital Fund Management S.A.0$00.00%−741,731−100.0%Sold out
Southpoint Capital Advisors LP0$00.00%−400,000−100.0%Sold out
Squarepoint Ops LLC0$00.00%−344,312−100.0%Sold out
Cutter & CO Brokerage, Inc.0$00.00%−282,972−100.0%Sold out
Tudor Investment Corp Et Al0$00.00%−230,073−100.0%Sold out
Osterweis Capital Management Inc0$00.00%–Sold out
Quantitative Investment Management, LLC0$00.00%−207,314−100.0%Sold out
Moran Wealth Management, LLC0$00.00%−206,374−100.0%Sold out
Beese Fulmer Investment Management, Inc.0$00.00%−165,538−100.0%Sold out
Schonfeld Strategic Advisors LLC0$00.00%−156,635−100.0%Sold out
Aquatic Capital Management LLC0$00.00%−118,463−100.0%Sold out