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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 1,355 | $15.7B |
| Q1 2026 | 1,278 | $12.0B |
| Q4 2025 | 1,421 | $16.0B |
| Q3 2025 | 1,401 | $16.7B |
| Q2 2025 | 1,486 | $21.3B |
| Q1 2025 | 1,535 | $22.5B |
| Q4 2024 | 1,670 | $29.1B |
| Q3 2024 | 1,787 | $39.7B |
| Q2 2024 | 1,867 | $47.9B |
| Q1 2024 | 1,746 | $41.8B |
| Q4 2023 | 1,512 | $32.2B |
| Q3 2023 | 1,308 | $27.4B |
| Q2 2023 | 1,198 | $23.2B |
| Q1 2023 | 1,148 | $22.1B |
| Q4 2022 | 1,050 | $19.4B |
| Q3 2022 | 908 | $13.8B |
| Q2 2022 | 934 | $16.4B |
| Q1 2022 | 902 | $15.2B |
| Q4 2021 | 887 | $14.7B |
| Q3 2021 | 806 | $12.7B |
| Q2 2021 | 737 | $11.0B |
| Q1 2021 | 708 | $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.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Penbrook Management LLC | 311,400 | $21.5M | 16.16% | 00.0% | Unchanged |
| Alta Capital Management LLC | 307,717 | $21.2M | 1.21% | +19,130+6.6% | Added |
| Simplex Trading, LLC | 305,237 | $21.1M | 0.57% | +66,227+27.7% | Added |
| Dillon & Associates Inc | 303,883 | $21.0M | 2.85% | +8,769+3.0% | Added |
| US Bancorp | 299,466 | $20.7M | 0.03% | −39,004−11.5% | Reduced |
| Carnegie Capital Asset Management, LLC | 289,509 | $20.0M | 0.40% | +17,034+6.3% | Added |
| Group One Trading, L.P. | 282,591 | $19.5M | 0.64% | −22,804−7.5% | Reduced |
| O'Shaughnessy Asset Management, LLC | 281,593 | $19.4M | 0.13% | +7,400+2.7% | Added |
| Pathstone Holdings, LLC | 280,159 | $19.3M | 0.08% | −59,969−17.6% | Reduced |
| IMC-Chicago, LLC | 278,543 | $19.2M | 0.48% | −35,942−11.4% | Reduced |
| Martin Investment Management, LLC | 276,747 | $19.1M | 4.90% | −12,236−4.2% | Reduced |
| Clifford Swan Investment Counsel LLC | 273,715 | $18.9M | 0.67% | +84,043+44.3% | Added |
| Menora Mivtachim Holdings Ltd. | 270,168 | $18.6M | 0.11% | 00.0% | Unchanged |
| AXA S.A. | 267,933 | $18.5M | 0.05% | +130,406+94.8% | Added |
| Cetera Investment Advisers | 267,714 | $18.5M | 0.03% | −28,937−9.8% | Reduced |
| Sanctuary Advisors, LLC | 267,019 | $18.4M | 0.11% | −33,357−11.1% | Reduced |
| Dividend Assets Capital, LLC | 262,362 | $18.1M | 3.29% | −3,825−1.4% | Reduced |
| Wellington Management Group LLP | 260,619 | $18.0M | 0.00% | −761,088−74.5% | Reduced |
| Brinker Capital Investments, LLC | 260,123 | $18.0M | 0.15% | −17,131−6.2% | Reduced |
| Freestone Grove Partners LP | 256,224 | $17.7M | 0.13% | +256,224 | New |
| Standard Life Aberdeen plc | 256,040 | $17.7M | 0.03% | −24,694−8.8% | Reduced |
| MML Investors Services, LLC | 247,861 | $17.1M | 0.05% | −33,826−12.0% | Reduced |
| Quantinno Capital Management LP | 245,440 | $16.9M | 0.07% | +8,393+3.5% | Added |
| Twin Tree Management, LP | 245,148 | $16.9M | 0.43% | −44,050−15.2% | Reduced |
| Foresight Global Investors, Inc. | 242,166 | $16.7M | 11.87% | +242,166 | New |
| Adviser Investments LLC | 242,060 | $16.7M | 0.21% | +153,460+173.2% | Added |
| Barlow Wealth Partners, Inc. | 236,999 | $16.5M | 1.98% | +236,999 | New |
| QRG Capital Management, Inc. | 232,716 | $16.1M | 0.14% | +1,480+0.6% | Added |
| Altrafin AG | 228,399 | $15.8M | 5.32% | +39,816+21.1% | Added |
| Tiaa Trust, National Association | 227,375 | $15.7M | 0.04% | +215,928+1,886.3% | Added |
| Cim, LLC | 225,598 | $15.6M | 2.10% | +5,377+2.4% | Added |
| JLB & Associates Inc | 218,198 | $15.1M | 2.10% | −1,041−0.5% | Reduced |
| Guardian Capital LP | 217,665 | $15.0M | 0.53% | +5,870+2.8% | Added |
| Assetmark, Inc | 217,499 | $15.0M | 0.04% | −210,124−49.1% | Reduced |
| Capital World Investors | 215,686 | $14.8M | 0.00% | +7,916+3.8% | Added |
| Choate Investment Advisors | 213,786 | $14.8M | 0.32% | +32,727+18.1% | Added |
| Silvercrest Asset Management Group LLC | 213,370 | $14.7M | 0.10% | −8,048−3.6% | Reduced |
| Lido Advisors, LLC | 208,432 | $14.4M | 0.08% | −3,434−1.6% | Reduced |
| Cambridge Investment Research Advisors, Inc. | 207,969 | $14.4M | 0.04% | +47,243+29.4% | Added |
| Walter Public Investments Inc. | 207,409 | $14.3M | 2.42% | −2,568−1.2% | Reduced |
| Wealth Enhancement Advisory Services, LLC | 203,983 | $14.1M | 0.02% | −24,166−10.6% | Reduced |
| Manning & Napier Advisors LLC | 204,174 | $14.1M | 0.17% | +204,174 | New |
| Hutchinson Capital Management | 200,817 | $13.9M | 2.53% | +13,949+7.5% | Added |
| Smith Chas P & Associates Pa Cpas | 197,466 | $13.6M | 0.77% | +116,413+143.6% | Added |
| Beacon Investment Advisory Services, Inc. | 193,163 | $13.3M | 0.59% | −73,904−27.7% | Reduced |
| Scotia Capital Inc. | 191,347 | $13.2M | 0.06% | −20,863−9.8% | Reduced |
| Trillium Asset Management, LLC | 190,963 | $13.2M | 0.35% | −8,472−4.2% | Reduced |
| Northwestern Mutual Wealth Management Co | 186,142 | $12.8M | 0.01% | −217,249−53.9% | Reduced |
| Atria Investments LLC | 183,911 | $12.7M | 0.15% | +2,581+1.4% | Added |
| Baldwin Brothers Inc | 181,125 | $12.5M | 0.85% | +11,609+6.8% | Added |
| Marex Group plc | 181,066 | $12.5M | 0.24% | +108,883+150.8% | Added |
| Neuberger Berman Group LLC | 179,566 | $12.4M | 0.01% | −92−0.1% | Reduced |
| Polen Capital Management LLC | 178,669 | $12.3M | 0.04% | −823,237−82.2% | Reduced |
| Oppenheimer & Co Inc | 175,522 | $12.1M | 0.16% | +46,005+35.5% | Added |
| Wesbanco Bank Inc | 173,685 | $12.0M | 0.36% | −4,116−2.3% | Reduced |
| Evergreen Capital Management LLC | 171,348 | $11.8M | 0.36% | +19,955+13.2% | Added |
| Northstar Asset Management Inc | 169,557 | $11.7M | 3.23% | +21,181+14.3% | Added |
| Healthcare of Ontario Pension Plan Trust Fund | 169,355 | $11.7M | 0.02% | +169,355 | New |
| Mercer Global Advisors Inc | 168,903 | $11.7M | 0.03% | −2,145−1.3% | Reduced |
| Massachusetts Financial Services Co | 166,973 | $11.5M | 0.00% | +25,920+18.4% | Added |
| Atwater Malick LLC | 165,605 | $11.4M | 3.62% | +1,736+1.1% | Added |
| Eldred Rock Partners, LLC | 165,219 | $11.4M | 3.47% | +69,184+72.0% | Added |
| Russell Investments Group, Ltd. | 162,711 | $11.2M | 0.01% | −61,629−27.5% | Reduced |
| Alliancebernstein L.P. | 162,634 | $11.2M | 0.00% | +139,963+617.4% | Added |
| Stephens Inc | 150,409 | $11.1M | 0.15% | +2,721+1.8% | Added |
| Segment Wealth Management, LLC | 160,668 | $11.1M | 0.70% | +3,751+2.4% | Added |
| Captrust Financial Advisors | 160,641 | $11.1M | 0.02% | −28,101−14.9% | Reduced |
| Generate Investment Management Ltd | 160,539 | $11.1M | 0.61% | +120,577+301.7% | Added |
| Parkwood LLC | 159,438 | $11.0M | 1.01% | −303,133−65.5% | Reduced |
| Level Four Advisory Services, LLC | 159,384 | $11.0M | 0.41% | +24,481+18.1% | Added |
| Janney Montgomery Scott LLC | 156,117 | $10.8M | 0.03% | +1,699+1.1% | Added |
| Kornitzer Capital Management Inc | 156,083 | $10.8M | 0.22% | +225+0.1% | Added |
| Meritage Portfolio Management | 152,650 | $10.5M | 0.67% | −41,042−21.2% | Reduced |
| HRT Financial LP | 151,706 | $10.5M | 0.05% | +92,142+154.7% | Added |
| Mediolanum International Funds Ltd | 151,856 | $10.4M | 0.12% | +151,856 | New |
| Capstone Investment Advisors, LLC | 150,000 | $10.4M | 0.09% | +150,000 | New |
| JustInvest LLC | 149,916 | $10.3M | 0.12% | +22,191+17.4% | Added |
| Hardman Johnston Global Advisors LLC | 149,855 | $10.3M | 0.46% | +37,199+33.0% | Added |
| Banco Santander, S.A. | 148,154 | $10.2M | 0.10% | +19,763+15.4% | Added |
| Deutsche Bank AG | 146,792 | $10.1M | 0.00% | −3,842−2.6% | Reduced |
| W.G. Shaheen & Associates DBA Whitney & Co | 144,148 | $9.95M | 0.98% | +5,171+3.7% | Added |
| Tower Research Capital LLC (TRC) | 143,241 | $9.89M | 0.27% | +134,532+1,544.7% | Added |
| Janney Capital Management LLC | 143,089 | $9.88M | 0.64% | +143,089 | New |
| Fiduciary Trust Co | 142,887 | $9.86M | 0.12% | −24,308−14.5% | Reduced |
| LHM, Inc. | 141,487 | $9.77M | 3.24% | +3,036+2.2% | Added |
| Oak Family Advisors, LLC | 141,380 | $9.76M | 3.53% | +55,027+63.7% | Added |
| Vontobel Holding Ltd. | 140,743 | $9.71M | 0.03% | −69,642−33.1% | Reduced |
| Cabot Wealth Management Inc | 140,721 | $9.71M | 1.16% | +9,992+7.6% | Added |
| Archon Partners LLC | 140,000 | $9.66M | 1.11% | +50,000+55.6% | Added |
| Birch Capital Management, LLC | 138,758 | $9.58M | 4.90% | +2,764+2.0% | Added |
| Steward Partners Investment Advisory, LLC | 138,214 | $9.54M | 0.07% | +63,980+86.2% | Added |
| Glenmede Investment Management, LP | 137,990 | $9.52M | 0.05% | +137,990 | New |
| RPG Investment Advisory, LLC | 134,912 | $9.31M | 1.16% | −50,226−27.1% | Reduced |
| Jones Financial Companies LLLP | 135,868 | $9.31M | 0.01% | +27,228+25.1% | Added |
| Guardian Partners Inc. | 130,552 | $9.10M | 0.82% | +1,814+1.4% | Added |
| Hikari Power Ltd | 130,300 | $8.99M | 0.75% | 00.0% | Unchanged |
| Palisade Capital Management LLC | 128,515 | $8.87M | 0.25% | −72,457−36.1% | Reduced |
| F/M Investments LLC | 128,462 | $8.87M | 0.32% | −522−0.4% | Reduced |
| Knuff & Co LLC | 127,919 | $8.83M | 2.78% | +44,053+52.5% | Added |
| Kestra Advisory Services, LLC | 126,696 | $8.74M | 0.04% | −29,834−19.1% | Reduced |