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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
Heathbridge Capital Management Ltd.0$00.00%−117,950−100.0%Sold out
Armistice Capital, LLC0$00.00%−108,000−100.0%Sold out
Segall Bryant & Hamill, LLC0$00.00%−83,980−100.0%Sold out
Benson Investment Management Company, Inc.0$00.00%−65,019−100.0%Sold out
McKinley Carter Wealth Services, Inc.0$00.00%−64,658−100.0%Sold out
Engineers Gate Manager LP0$00.00%−64,379−100.0%Sold out
Quantbot Technologies LP0$00.00%−63,017−100.0%Sold out
Wisconsin Capital Management LLC0$00.00%−55,469−100.0%Sold out
Threadgill Financial, LLC0$00.00%−44,339−100.0%Sold out
Matthew 25 Management Corp0$00.00%−41,500−100.0%Sold out
LMR Partners LLP0$00.00%−40,000−100.0%Sold out
Aigen Investment Management, LP0$00.00%−34,284−100.0%Sold out
Unisphere Establishment0$00.00%−30,000−100.0%Sold out
Pacer Advisors, Inc.0$00.00%−28,277−100.0%Sold out
Diadema Partners LP0$00.00%−24,618−100.0%Sold out
China Universal Asset Management Co., Ltd.0$00.00%−20,000−100.0%Sold out
William Blair Investment Management, LLC0$00.00%−19,848−100.0%Sold out
Tealwood Asset Management Inc0$00.00%−19,143−100.0%Sold out
Legacy Financial Advisors, Inc.0$00.00%−18,034−100.0%Sold out
Gluskin Sheff & Assoc Inc0$00.00%−17,185−100.0%Sold out
IAM Advisory, LLC0$00.00%−17,138−100.0%Sold out
Keeler Thomas Management LLC0$00.00%−16,138−100.0%Sold out
Signal Advisors Wealth, LLC0$00.00%−16,123−100.0%Sold out
James Hambro & Partners0$00.00%−16,090−100.0%Sold out
Centiva Capital, LP0$00.00%−15,928−100.0%Sold out
Fox Run Management, L.L.C.0$00.00%−15,119−100.0%Sold out
Gsa Capital Partners LLP0$00.00%−13,293−100.0%Sold out
Werlinich Asset Management, LLC0$00.00%−12,370−100.0%Sold out
Main Street Research LLC0$00.00%−11,338−100.0%Sold out
Cooper Financial Group0$00.00%−11,367−100.0%Sold out
Simon Quick Advisors, LLC0$00.00%−10,918−100.0%Sold out
Arrowstreet Capital, Limited Partnership0$00.00%−10,738−100.0%Sold out
Copperwynd Financial, LLC0$00.00%−10,248−100.0%Sold out
Bridgefront Capital, LLC0$00.00%−10,216−100.0%Sold out
Aberdeen Wealth Management LLC0$00.00%−10,040−100.0%Sold out
Financial Counselors Inc0$00.00%−9,755−100.0%Sold out
Berkshire Asset Management LLC0$00.00%−10,000−100.0%Sold out
Paradigm Financial Partners, LLC0$00.00%−8,981−100.0%Sold out
FNY Investment Advisers, LLC0$00.00%−8,972−100.0%Sold out
Inscription Capital, LLC0$00.00%−4,831−100.0%Sold out
Arrowpoint Investment Partners (Singapore) Pte. Ltd.0$00.00%−8,600−100.0%Sold out
Brevan Howard Capital Management LP0$00.00%−8,500−100.0%Sold out
CapitalatWork S.A.0$00.00%–Sold out
Strategic Global Advisors, LLC0$00.00%−7,343−100.0%Sold out
Summit X, LLC0$00.00%−7,034−100.0%Sold out
Strategic Investment Advisors0$00.00%−6,892−100.0%Sold out
SageView Advisory Group, LLC0$00.00%−6,866−100.0%Sold out
Dynamic Technology Lab Private Ltd0$00.00%−6,662−100.0%Sold out
My Legacy Advisors, LLC0$00.00%−6,463−100.0%Sold out
McMahon Financial Advisors, LLC0$00.00%−6,441−100.0%Sold out
Change Path, LLC0$00.00%−6,359−100.0%Sold out
Virtue Capital Management, LLC0$00.00%−6,175−100.0%Sold out
Focused Wealth Management, Inc0$00.00%−6,090−100.0%Sold out
Truepoint, Inc.0$00.00%−5,954−100.0%Sold out
Fermata Advisors, LLC0$00.00%−5,898−100.0%Sold out
Hexagon Capital Partners LLC0$00.00%−5,865−100.0%Sold out
Persistent Asset Partners Ltd0$00.00%−5,859−100.0%Sold out
Shikiar Asset Management Inc0$00.00%−5,760−100.0%Sold out
Claudia M.P. Batlle, CRP (R) LLC0$00.00%−5,758−100.0%Sold out
Denali Advisors LLC0$00.00%−5,630−100.0%Sold out
Monetary Management Group Inc0$00.00%−5,570−100.0%Sold out
Continuum Advisory, LLC0$00.00%−5,267−100.0%Sold out
Bank Ozk0$00.00%−5,182−100.0%Sold out
Capital Market Strategies LLC0$00.00%−5,161−100.0%Sold out
Jump Financial, LLC0$00.00%−4,900−100.0%Sold out
Ci Investments Inc.0$00.00%−4,881−100.0%Sold out
Douglas Lane & Associates, LLC0$00.00%−4,860−100.0%Sold out
Cumberland Partners Ltd0$00.00%−4,679−100.0%Sold out
Granite Group Advisors, LLC0$00.00%−4,674−100.0%Sold out
Abbot Financial Management, Inc.0$00.00%−4,132−100.0%Sold out
Linden Thomas Advisory Services, LLC0$00.00%−4,011−100.0%Sold out
Gratus Wealth Advisors, LLC0$00.00%−3,922−100.0%Sold out
Blueshift Asset Management, LLC0$00.00%−3,873−100.0%Sold out
Cerro Pacific Wealth Advisors LLC0$00.00%−3,112−100.0%Sold out
Riversedge Advisors, LLC0$00.00%−3,703−100.0%Sold out
PUREfi Wealth, LLC0$00.00%−3,700−100.0%Sold out
Parcion Private Wealth LLC0$00.00%−3,692−100.0%Sold out
Renasant Bank0$00.00%−3,668−100.0%Sold out
Baron Wealth Management LLC0$00.00%−3,564−100.0%Sold out
Quattro Financial Advisors LLC0$00.00%−3,480−100.0%Sold out
Deroy & Devereaux Private Investment Counsel Inc0$00.00%−3,408−100.0%Sold out
Kingstone Capital Partners Texas, LLC0$00.00%−3,318−100.0%Sold out
PFW Advisors LLC0$00.00%−3,278−100.0%Sold out
Moody National Bank Trust Division0$00.00%−3,232−100.0%Sold out
GK Wealth Management LLC0$00.00%−3,205−100.0%Sold out
New Republic Capital, LLC0$00.00%−3,066−100.0%Sold out
Zacks Investment Management0$00.00%−3,095−100.0%Sold out
Wealth Group, Ltd.0$00.00%−3,073−100.0%Sold out
Schear Investment Advisers, LLC0$00.00%−3,044−100.0%Sold out
Indie Asset Partners, LLC0$00.00%−3,032−100.0%Sold out
James Investment Research Inc0$00.00%−3,013−100.0%Sold out
Cookson Peirce & Co Inc0$00.00%−3,000−100.0%Sold out
Citizens Financial Group Inc0$00.00%−2,997−100.0%Sold out
Paragon Private Wealth Management, LLC0$00.00%−2,965−100.0%Sold out
First Business Financial Services, Inc.0$00.00%−2,964−100.0%Sold out
Tectonic Advisors LLC0$00.00%−2,917−100.0%Sold out
David Loasby0$00.00%−3,309−100.0%Sold out
Moody Aldrich Partners LLC0$00.00%−2,916−100.0%Sold out
Fort Washington Investment Advisors Inc0$00.00%−2,911−100.0%Sold out
Wealth Architects, LLC0$00.00%−2,909−100.0%Sold out