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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
Arlington Partners LLC66,078$4.56M1.68%+16,733+33.9%Added
TD Waterhouse Canada Inc.65,219$4.56M0.03%+7,584+13.2%Added
Rhumbline Advisers65,556$4.52M0.00%+2,017+3.2%Added
EagleClaw Capital Managment, LLC65,150$4.50M0.67%00.0%Unchanged
Congress Wealth Management LLC64,859$4.48M0.04%−55−0.1%Reduced
Wolverine Trading, LLC65,045$4.46M0.11%+65,045New
Azzad Asset Management Inc64,014$4.42M0.47%+10,484+19.6%Added
Aperture Investors, LLC63,804$4.40M0.59%00.0%Unchanged
Channel Wealth LLC63,711$4.40M1.24%−1,873−2.9%Reduced
South Street Advisors LLC63,366$4.37M0.65%−110,635−63.6%Reduced
Condor Capital Management62,402$4.31M0.37%+1,728+2.8%Added
Capital Research Global Investors62,629$4.29M0.00%+5,099+8.9%Added
Grantham, Mayo, Van Otterloo & Co. LLC61,585$4.25M0.01%+23,968+63.7%Added
First Trust Advisors LP61,498$4.24M0.00%−30,873−33.4%Reduced
Bulltick Wealth Management, LLC60,957$4.21M1.04%+56,974+1,430.4%Added
B&L Asset Management LLC60,764$4.19M2.40%+3,133+5.4%Added
Merit Financial Group, LLC60,610$4.18M0.05%+41,633+219.4%Added
Ssa Swiss Advisors AG59,901$4.17M2.01%+12,845+27.3%Added
Independent Advisor Alliance60,386$4.17M0.12%−1,277−2.1%Reduced
Advisory Services Network, LLC88,208$4.15M0.07%+34,747+65.0%Added
Naviter Wealth, LLC59,734$4.12M0.51%+5,361+9.9%Added
Concurrent Investment Advisors, LLC59,441$4.10M0.08%+15,585+35.5%Added
Bessemer Group Inc58,986$4.07M0.01%−16,772−22.1%Reduced
Coldstream Capital Management Inc58,545$4.04M0.07%+6,828+13.2%Added
Keybank National Association58,324$4.03M0.01%−1,451−2.4%Reduced
FourThought Financial Partners, LLC57,934$4.00M0.39%+50,120+641.4%Added
Todd Asset Management LLC57,740$3.99M0.09%+16,640+40.5%Added
Teachers Retirement System of the State of Kentucky57,740$3.98M0.03%+16,640+40.5%Added
Americana Partners, LLC57,290$3.95M0.14%−419−0.7%Reduced
Brookmont Capital Management57,133$3.94M2.26%−499−0.9%Reduced
Advisors Asset Management, Inc.57,095$3.94M0.07%−20,804−26.7%Reduced
Round Hill Asset Management57,039$3.94M2.66%−590−1.0%Reduced
Greenwood Capital Associates LLC56,884$3.93M0.49%+56,884New
Brown, Lisle/Cummings, Inc.56,054$3.87M1.03%+125+0.2%Added
Bradley Foster & Sargent Inc55,990$3.86M0.06%+6,341+12.8%Added
Money Concepts Capital Corp55,783$3.85M0.26%+51,146+1,103.0%Added
Cantor Fitzgerald, L. P.55,223$3.81M0.09%+17,993+48.3%Added
Fortis Capital Management LLC54,720$3.78M0.59%−468−0.8%Reduced
Phoenix Holdings Ltd.54,378$3.77M0.05%+21,247+64.1%Added
Sendero Wealth Management, LLC54,258$3.74M0.47%−140.0%Reduced
Geo Capital Gestora de Recursos Ltd53,844$3.72M5.62%−11,671−17.8%Reduced
Eukles Asset Management53,715$3.71M1.52%+2,403+4.7%Added
Private Wealth Partners, LLC53,593$3.70M0.29%−12,267−18.6%Reduced
Wilson & Boucher Capital Management, LLC53,338$3.68M2.57%+1,320+2.5%Added
DRW Securities, LLC53,331$3.68M0.26%−82,069−60.6%Reduced
Hamilton Wealth, LLC52,998$3.66M0.82%+49,565+1,443.8%Added
Hussman Strategic Advisors, Inc.52,500$3.62M0.83%−10,500−16.7%Reduced
RFG Advisory, LLC52,401$3.62M0.08%+3,591+7.4%Added
Meridian Investment Counsel Inc.52,387$3.62M0.98%+6,140+13.3%Added
Vestmark Advisory Solutions, Inc.51,948$3.59M0.05%+5,912+12.8%Added
Banque Pictet & Cie SA51,795$3.57M0.04%+15,170+41.4%Added
Crossmark Global Holdings, Inc.51,594$3.56M0.06%−343−0.7%Reduced
Roundview Capital LLC51,517$3.56M0.24%−4,902−8.7%Reduced
Bennett Selby Investments LP51,231$3.54M1.26%+6,355+14.2%Added
Compagnie Lombard Odier SCmA51,085$3.53M0.05%−12,145−19.2%Reduced
Envestnet Portfolio Solutions, Inc.50,870$3.51M0.01%−23,699−31.8%Reduced
Ingalls & Snyder LLC50,681$3.50M0.12%−1,130−2.2%Reduced
South State Corp.50,614$3.49M0.15%+628+1.3%Added
Capital Insight Partners, LLC50,605$3.49M0.61%−4,702−8.5%Reduced
Somerville Kurt F50,338$3.47M0.59%+33,415+197.5%Added
We Are One Seven, LLC50,154$3.46M0.11%+32,432+183.0%Added
CMT Capital Markets Trading GmbH50,152$3.46M1.67%+7,706+18.2%Added
Vident Advisory, LLC49,760$3.43M0.04%−1,386−2.7%Reduced
Equitable Holdings, Inc.49,730$3.43M0.03%−1,687−3.3%Reduced
Cardinal Capital Management49,576$3.42M0.50%+1,161+2.4%Added
Henry James International Management, Inc.49,210$3.40M1.12%−2,900−5.6%Reduced
Equitable Trust Co49,085$3.39M0.17%−18,042−26.9%Reduced
Hayek Kallen Investment Management48,159$3.32M1.13%−2,837−5.6%Reduced
U.S. Capital Wealth Advisors, LLC47,988$3.31M0.10%+39,215+447.0%Added
Lafayette Investments, Inc.47,754$3.30M0.67%+40,725+579.4%Added
EP Wealth Advisors, LLC47,637$3.29M0.02%+740+1.6%Added
MAI Capital Management47,511$3.28M0.02%+2,144+4.7%Added
Mutual Advisors, LLC45,318$3.25M0.08%+7,469+19.7%Added
Sage Capital Advisors,llc46,999$3.24M0.80%+765+1.7%Added
Fiduciary Alliance LLC46,927$3.24M0.24%+38,737+473.0%Added
Apollon Wealth Management, LLC46,578$3.21M0.06%−2,614−5.3%Reduced
Aviance Capital Partners, LLC45,369$3.13M0.41%+33,798+292.1%Added
Capital Wealth Planning, LLC45,286$3.13M0.02%+45,286New
Destination Wealth Management45,050$3.11M0.09%−199,554−81.6%Reduced
Thrivent Financial for Lutherans45,130$3.10M0.01%−2,769−5.8%Reduced
Beverly Hills Private Wealth, LLC44,882$3.10M0.58%+1,679+3.9%Added
Parallel Advisors, LLC44,735$3.09M0.06%−3,436−7.1%Reduced
Capital International Sarl44,444$3.07M0.06%+10,937+32.6%Added
Strong Tower Advisory Services44,420$3.07M0.60%+1,866+4.4%Added
Sentinel Trust Co Lba44,172$3.05M0.33%00.0%Unchanged
HAP Trading, LLC44,060$3.04M1.32%+44,060New
First Foundation Advisors43,945$3.03M0.11%+40,226+1,081.6%Added
Norman Fields, Gottscho Capital Management, LLC43,937$3.03M1.00%−33,275−43.1%Reduced
Puzo Michael J43,933$3.03M0.86%+19,383+79.0%Added
Westpac Banking Corp43,895$3.03M0.20%−28,978−39.8%Reduced
Verdence Capital Advisors LLC43,846$3.03M0.21%+63+0.1%Added
Lockheed Martin Investment Management Co43,450$3.00M0.11%+27,900+179.4%Added
Fifth Third Bancorp43,261$2.99M0.01%−2,810−6.1%Reduced
Blair William & Co43,200$2.98M0.01%−5,819−11.9%Reduced
Capital Group Private Client Services, Inc.43,111$2.98M0.03%+5,062+13.3%Added
Bartlett & Co. Wealth Management LLC42,920$2.96M0.04%+34+0.1%Added
Wealth Advisory Solutions, LLC42,877$2.96M0.75%+340+0.8%Added
Verde Capital Management42,837$2.96M0.73%+5,639+15.2%Added
Stiles Financial Services Inc42,265$2.92M1.01%+775+1.9%Added
ICW Investment Advisors LLC42,226$2.91M1.15%+939+2.3%Added