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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
Keudell/Morrison Wealth Management10,234$706.4K0.16%+2,472+31.8%Added
Csenge Advisory Group9,778$699.1K0.04%−278−2.8%Reduced
Aptus Capital Advisors, LLC10,060$694.4K0.01%+2,540+33.8%Added
Sigma Planning Corp10,053$693.9K0.02%−1,340−11.8%Reduced
Unified Investment Management10,025$691.9K0.74%+10,025New
Klingenstein Fields & Co LP9,955$687.1K0.03%−280−2.7%Reduced
Cacti Asset Management LLC10,000$685.1K0.05%00.0%Unchanged
Doliver Advisors, LP9,912$684.1K0.19%−5,778−36.8%Reduced
Summit Trail Advisors, LLC9,895$683.0K0.01%+9,895New
Bridgewater Advisors Inc.12,560$677.5K0.05%+615+5.1%Added
Spire Wealth Management9,721$670.9K0.02%−3,141−24.4%Reduced
Clear Harbor Asset Management, LLC9,696$669.2K0.05%−1,705−15.0%Reduced
Guyasuta Investment Advisors Inc9,686$668.5K0.04%00.0%Unchanged
International Assets Investment Management, LLC9,605$662.9K0.05%−11,071−53.5%Reduced
Quotient Wealth Partners, LLC9,580$661.2K0.02%+165+1.8%Added
Elm3 Financial Group, LLC9,575$660.9K0.55%−6,181−39.2%Reduced
Red Door Wealth Management, LLC9,508$656.2K0.08%−100−1.0%Reduced
Spinnaker Trust9,500$655.7K0.04%−70−0.7%Reduced
Patrick M Sweeney & Associates, Inc9,455$654.0K0.45%−1,700−15.2%Reduced
National Asset Management, Inc.9,451$652.3K0.03%−26,716−73.9%Reduced
Montag A & Associates Inc9,402$648.9K0.03%00.0%Unchanged
Impact Investors, Inc9,327$643.8K0.45%+3,629+63.7%Added
SCS Capital Management LLC9,299$641.8K0.01%+2,164+30.3%Added
Raub Brock Capital Management LP9,240$637.7K0.14%+140+1.5%Added
Pinpoint Asset Management (Singapore) Pte. Ltd.9,238$637.6K0.11%+9,238New
S.A. Mason LLC9,228$636.9K0.31%−400−4.2%Reduced
Cravens & Co Advisors, LLC9,210$635.7K0.47%+177+2.0%Added
NTV Asset Management LLC9,206$635.4K0.08%−748−7.5%Reduced
Pecaut & Co.9,200$635.0K0.21%−12,387−57.4%Reduced
Campbell & CO Investment Adviser LLC9,184$633.9K0.04%−35,785−79.6%Reduced
GAMMA Investing LLC9,123$629.7K0.04%−343−3.6%Reduced
Ausdal Financial Partners, Inc.9,100$628.1K0.04%+9,100New
BSW Wealth Partners9,099$628.0K0.09%−956−9.5%Reduced
Atlas Brown,Inc.9,025$622.9K0.20%+933+11.5%Added
Kathmere Capital Management, LLC8,999$621.1K0.05%−6,031−40.1%Reduced
Advisor OS, LLC8,998$621.1K0.06%+1,143+14.6%Added
Summit Financial Wealth Advisors, LLC8,898$614.1K0.11%+173+2.0%Added
Cohen Capital Management, Inc.8,812$608.2K0.10%+2,600+41.9%Added
Capital Square, LLC8,778$605.1K0.32%+8,778New
Diversified Enterprises, LLC8,707$600.9K0.04%+638+7.9%Added
Tucker Asset Management LLC8,696$600.2K0.19%+4,767+121.3%Added
May Hill Capital, LLC8,683$599.3K0.20%−70−0.8%Reduced
Midwest Trust Co8,680$599.1K0.01%+8,680New
Cullinan Associates Inc8,675$598.7K0.04%00.0%Unchanged
Hardy Reed LLC8,532$588.9K0.05%+238+2.9%Added
Grandfield & Dodd, LLC8,507$587.2K0.03%+173+2.1%Added
J. Safra Sarasin Holding AG8,500$586.7K0.01%+8,500New
Ashton Thomas Securities, LLC8,467$584.4K0.14%+70+0.8%Added
Schwarz Dygos Wheeler Investment Advisors LLC8,461$584.0K0.13%−60−0.7%Reduced
Riverbend Wealth Management, LLC8,451$583.3K0.44%+471+5.9%Added
Armstrong Henry H Associates Inc8,433$582.0K0.05%−591−6.5%Reduced
DecisionMap Wealth Management, LLC8,418$581.0K0.40%+1,052+14.3%Added
Corient IA LLC8,400$579.8K0.34%00.0%Unchanged
Hohimer Wealth Management, LLC8,344$575.9K0.10%−129−1.5%Reduced
Agate Pass Investment Management, LLC8,269$570.7K0.23%+650+8.5%Added
Embree Financial Group8,231$568.1K0.09%−4,618−35.9%Reduced
Wallace Advisory Group, LLC8,145$565.6K0.41%−2,609−24.3%Reduced
Versant Capital Management, Inc8,174$564.2K0.09%−1,214−12.9%Reduced
Harbour Investments, Inc.8,137$561.6K0.01%−889−9.8%Reduced
Argonautica Private Wealth Management, Inc8,112$559.9K0.18%−78−1.0%Reduced
Resonant Capital Advisors, LLC8,107$559.5K0.04%+265+3.4%Added
Patriot Financial Group Insurance Agency, LLC8,070$557.0K0.06%+116+1.5%Added
Transatlantique Private Wealth LLC8,054$556.0K0.20%+496+6.6%Added
Essex Financial Services, Inc.8,052$555.7K0.04%+107+1.3%Added
Signature Estate & Investment Advisors LLC8,002$552.3K0.01%−219−2.7%Reduced
Baader Bank INC8,000$552.2K0.05%−5,224−39.5%Reduced
Griffin Asset Management, Inc.8,000$552.2K0.07%00.0%Unchanged
Covenant Partners, LLC7,991$551.5K0.16%−3,094−27.9%Reduced
Pines Wealth Management, LLC7,964$550.9K0.19%+1,483+22.9%Added
GW Henssler & Associates Ltd7,959$549.3K0.03%00.0%Unchanged
Harmony Asset Management LLC7,900$545.3K0.20%−6,180−43.9%Reduced
Evoke Wealth, LLC7,868$543.1K0.01%+2,404+44.0%Added
NWF Advisory Services Inc.7,818$539.6K0.06%+7,818New
KFG Wealth Management, LLC7,767$536.1K0.09%+1,245+19.1%Added
American Trust7,721$532.9K0.05%+2,356+43.9%Added
VestGen Advisors, LLC7,719$532.8K0.02%+497+6.9%Added
Founders Financial Securities LLC7,688$530.7K0.04%−44−0.6%Reduced
TBH Global Asset Management, LLC7,660$528.7K0.11%−97−1.3%Reduced
V-Square Quantitative Management LLC7,627$526.4K0.07%−2,027−21.0%Reduced
Advisors Capital Management, LLC7,607$525.1K0.01%−457−5.7%Reduced
Traveka Wealth, LLC7,601$524.6K0.28%−1,353−15.1%Reduced
Principle Wealth Partners LLC7,595$524.2K0.03%+941+14.1%Added
Hudock, Inc.7,590$523.9K0.08%−141−1.8%Reduced
Valley National Advisers Inc7,565$522.0K0.09%−65−0.9%Reduced
Platform Technology Partners7,560$521.8K0.14%+800+11.8%Added
Raab & Moskowitz Asset Management LLC7,511$518.4K0.12%+7,511New
Steel Peak Wealth Management LLC7,505$518.0K0.02%−704−8.6%Reduced
Philadelphia Trust Co7,500$518.0K0.04%00.0%Unchanged
Mirabaud & Cie SA7,500$517.6K0.16%−140−1.8%Reduced
NBC Securities, Inc.7,477$516.0K0.04%−477−6.0%Reduced
Peoples Financial Services Corp.7,466$515.3K0.25%−1,010−11.9%Reduced
Mayflower Financial Advisors, LLC7,454$514.5K0.07%+2,380+46.9%Added
Laraway Financial Inc7,406$511.2K0.39%00.0%Unchanged
Net Worth Advisory Group7,385$509.7K0.11%+1,605+27.8%Added
One Capital Management, LLC7,373$508.9K0.02%−72−1.0%Reduced
CoreCap Advisors, LLC7,372$508.8K0.02%+809+12.3%Added
Wynn Capital, LLC7,366$508.4K0.27%+276+3.9%Added
LifeSteps Financial, Inc.7,340$506.6K0.35%−12−0.2%Reduced
Quintet Private Bank (Europe) S.A.7,313$504.7K0.03%+62+0.9%Added
Buckingham Strategic Partners7,318$504.2K0.01%+1,024+16.3%Added