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, Q3 2025
Institutional positions in Novo Nordisk A S as of Sep 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
- 1,401
- −62 vs. Q2 2025
- Shares held
- 300.9M
- −7.02M (−2.3%) vs. Q2 2025
- Total value
- $16.7B
- −$4.54B (−21.4%) vs. Q2 2025
- New holders
- 161
- 505 more added
- Sold out
- 223
- 550 more reduced
23 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q2 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, Q3 2025
Shares, value and share of portfolio for each institution holding Novo Nordisk A S; share changes are against Q2 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Capital International Investors | 17,713,424 | $983.0M | 0.16% | +6,092,192+52.4% | Added |
| Loomis Sayles & Co L P | 16,165,468 | $897.0M | 1.07% | +3,589,437+28.5% | Added |
| FMR LLC | 14,075,391 | $781.0M | 0.04% | +134,231+1.0% | Added |
| Franklin Resources Inc | 13,984,789 | $776.0M | 0.19% | +13,658,867+4,190.8% | Added |
| Bank of America Corp | 13,403,378 | $743.8M | 0.06% | −1,318,100−9.0% | Reduced |
| Morgan Stanley | 12,413,429 | $688.8M | 0.04% | −1,871,361−13.1% | Reduced |
| Fisher Asset Management, LLC | 10,322,903 | $572.8M | 0.21% | −678,013−6.2% | Reduced |
| Folketrygdfondet | 10,211,913 | $566.7M | 13.25% | +117,370+1.2% | Added |
| Fayez Sarofim & Co | 7,353,587 | $408.1M | 0.95% | −3,150,075−30.0% | Reduced |
| Goldman Sachs Group Inc | 6,716,358 | $372.7M | 0.05% | +2,125,816+46.3% | Added |
| Everett Harris & Co | 6,393,780 | $354.8M | 4.37% | −4020.0% | Reduced |
| State Farm Mutual Automobile Insurance Co | 6,142,778 | $340.9M | 0.28% | 00.0% | Unchanged |
| State Street Corp | 6,106,836 | $340.1M | 0.01% | +59,153+1.0% | Added |
| Boston Partners | 5,571,017 | $310.2M | 0.32% | +5,571,017 | New |
| JPMorgan Chase & Co | 5,408,381 | $300.1M | 0.02% | +2,083,583+62.7% | Added |
| Price T Rowe Associates Inc | 4,851,977 | $269.2M | 0.03% | −1,351,287−21.8% | Reduced |
| Royal Bank of Canada | 4,737,665 | $262.9M | 0.05% | −350,629−6.9% | Reduced |
| Northern Trust Corp | 4,611,126 | $255.9M | 0.03% | +189,640+4.3% | Added |
| Wells Fargo & Company | 4,106,363 | $227.9M | 0.05% | −65,260−1.6% | Reduced |
| BlackRock, Inc. | 3,963,689 | $219.9M | 0.00% | −394,520−9.1% | Reduced |
| Envestnet Asset Management Inc | 3,923,601 | $217.7M | 0.06% | −262,089−6.3% | Reduced |
| UBS Group AG | 3,690,216 | $204.8M | 0.04% | +1,833,169+98.7% | Added |
| Raymond James Financial Inc | 3,282,079 | $182.1M | 0.06% | −87,608−2.6% | Reduced |
| Citadel Advisors LLC | 3,132,034 | $173.8M | 0.14% | +2,735,562+690.0% | Added |
| Renaissance Technologies LLC | 2,881,996 | $159.9M | 0.21% | −2,054,800−41.6% | Reduced |
| WCM Investment Management, LLC | 2,732,182 | $151.6M | 0.32% | +97,477+3.7% | Added |
| Davenport & Co LLC | 2,642,498 | $146.6M | 0.79% | +935,468+54.8% | Added |
| Natixis Advisors, L.P. | 2,555,535 | $141.8M | 0.21% | −277,536−9.8% | Reduced |
| SG Americas Securities, LLC | 2,383,176 | $132.2M | 0.48% | +2,274,925+2,101.5% | Added |
| Markel Group Inc.SuperinvestorMarkel Group | 2,368,649 | $131.4M | 1.07% | +110,061+4.9% | Added |
| Jane Street Group, LLC | 2,186,466 | $121.3M | 0.14% | +1,427,178+188.0% | Added |
| Saturna Capital CORP | 2,074,653 | $115.1M | 1.48% | −49,039−2.3% | Reduced |
| Saratoga Research & Investment Management | 1,853,707 | $102.9M | 5.35% | +341,030+22.5% | Added |
| Baird Financial Group, Inc. | 1,795,434 | $99.6M | 0.16% | +318,761+21.6% | Added |
| Two Sigma Investments, LP | 1,691,526 | $93.9M | 0.14% | −525,424−23.7% | Reduced |
| Ameriprise Financial Inc | 1,449,511 | $80.3M | 0.02% | −159,969−9.9% | Reduced |
| Lazard Asset Management LLC | 1,421,526 | $78.9M | 0.11% | +157,344+12.4% | Added |
| LPL Financial LLC | 1,399,533 | $77.7M | 0.02% | −86,886−5.8% | Reduced |
| Dimensional Fund Advisors LP | 1,338,647 | $74.3M | 0.02% | −135,375−9.2% | Reduced |
| Jennison Associates LLC | 1,226,004 | $68.0M | 0.04% | −17,659,339−93.5% | Reduced |
| Squarepoint Ops LLC | 1,088,995 | $60.4M | 0.13% | +1,088,995 | New |
| Bank of Montreal | 1,057,418 | $58.7M | 0.03% | −1,417,882−57.3% | Reduced |
| D. E. Shaw & Co., Inc. | 1,049,519 | $58.2M | 0.05% | +1,049,519 | New |
| Clear Street Group Inc. | 1,016,000 | $56.4M | 0.27% | +1,016,000 | New |
| Parnassus Investments | 1,013,684 | $56.2M | 0.13% | +2,138+0.2% | Added |
| Nomura Holdings Inc | 974,870 | $54.1M | 0.25% | +607,044+165.0% | Added |
| National Bank of Canada | 949,485 | $52.7M | 0.06% | +443,339+87.6% | Added |
| Stifel Financial Corp | 919,372 | $51.0M | 0.05% | −227,577−19.8% | Reduced |
| Clearbridge Investments, LLC | 890,653 | $49.4M | 0.04% | −7,332,020−89.2% | Reduced |
| Barclays PLC | 860,963 | $47.8M | 0.02% | +232,108+36.9% | Added |
| Cantor Fitzgerald, L. P. | 857,000 | $47.6M | 0.93% | +801,777+1,451.9% | Added |
| Van Eck Associates Corp | 788,722 | $43.8M | 0.04% | +120,127+18.0% | Added |
| Truist Financial Corp | 780,746 | $43.3M | 0.06% | +119,098+18.0% | Added |
| American Century Companies Inc | 771,591 | $42.8M | 0.02% | +30,936+4.2% | Added |
| Colony Group, LLC | 760,615 | $42.2M | 0.07% | +156,062+25.8% | Added |
| Rockefeller Capital Management L.P. | 756,583 | $42.0M | 0.08% | +218,849+40.7% | Added |
| Armistice Capital, LLC | 736,000 | $40.8M | 1.28% | +736,000 | New |
| CI Private Wealth, LLC | 728,080 | $40.4M | 0.06% | −323,325−30.8% | Reduced |
| Causeway Capital Management LLC | 695,979 | $38.6M | 0.51% | +342,095+96.7% | Added |
| BNP Paribas Arbitrage, SA | 679,370 | $37.7M | 0.03% | +89,616+15.2% | Added |
| Bank of New York Mellon Corp | 671,656 | $37.3M | 0.01% | −133,911−16.6% | Reduced |
| Susquehanna International Group, LLP | 653,691 | $36.3M | 0.05% | −753,067−53.5% | Reduced |
| Marex Group plc | 649,740 | $36.1M | 0.45% | +468,674+258.8% | Added |
| United Capital Financial Advisers, LLC | 637,807 | $35.4M | 0.25% | +85,206+15.4% | Added |
| Simplex Trading, LLC | 595,602 | $33.0M | 0.73% | +290,365+95.1% | Added |
| Oppenheimer Asset Management Inc. | 565,007 | $31.4M | 0.34% | +71,283+14.4% | Added |
| Schonfeld Strategic Advisors LLC | 557,519 | $30.9M | 0.22% | +557,519 | New |
| CIBC World Markets Inc. | 554,647 | $30.8M | 0.06% | −99,416−15.2% | Reduced |
| Walleye Trading LLC | 551,660 | $30.6M | 0.49% | +482,185+694.0% | Added |
| Cerity Partners LLC | 558,615 | $30.5M | 0.05% | −295,607−34.6% | Reduced |
| Thornburg Investment Management Inc | 544,386 | $30.2M | 0.39% | −278,291−33.8% | Reduced |
| Federation des caisses Desjardins du Quebec | 543,451 | $30.2M | 0.12% | +192,476+54.8% | Added |
| Vantage Investment Partners, LLC | 533,565 | $29.6M | 2.02% | +79,441+17.5% | Added |
| Invesco Ltd. | 523,994 | $29.1M | 0.00% | +104,303+24.9% | Added |
| Voloridge Investment Management, LLC | 505,153 | $28.0M | 0.09% | +477,622+1,734.9% | Added |
| Nichols & Pratt Advisers LLP | 500,991 | $27.8M | 1.76% | +8,935+1.8% | Added |
| Citigroup Inc | 490,484 | $27.2M | 0.02% | −660,486−57.4% | Reduced |
| De Burlo Group Inc | 481,160 | $26.7M | 3.22% | +481,160 | New |
| Optiver Holding B.V. | 478,988 | $26.6M | 0.43% | +102,186+27.1% | Added |
| The PNC Financial Services Group, Inc. | 462,940 | $25.7M | 0.02% | −63,294−12.0% | Reduced |
| Mirae Asset Global Investments Co., Ltd. | 462,795 | $25.7M | 0.08% | −543,611−54.0% | Reduced |
| HSBC Holdings PLC | 459,436 | $25.3M | 0.01% | +121,191+35.8% | Added |
| Brown Brothers Harriman & Co | 453,639 | $25.2M | 0.15% | −3,547−0.8% | Reduced |
| Healthcare of Ontario Pension Plan Trust Fund | 431,484 | $23.9M | 0.04% | +262,129+154.8% | Added |
| Traynor Capital Management, Inc. | 427,434 | $23.7M | 1.36% | +28,135+7.0% | Added |
| GuoLine Advisory Pte Ltd | 426,700 | $23.7M | 2.36% | 00.0% | Unchanged |
| Prospera Financial Services Inc | 420,795 | $23.4M | 0.40% | +42,789+11.3% | Added |
| Warther Private Wealth, LLC | 407,995 | $22.6M | 5.36% | +30,263+8.0% | Added |
| Smith Chas P & Associates Pa Cpas | 405,425 | $22.5M | 1.95% | +207,959+105.3% | Added |
| Obermeyer Wood Investment Counsel, LLLP | 393,320 | $21.8M | 1.02% | −120.0% | Reduced |
| MayTech Global Investments, LLC | 387,083 | $21.5M | 2.24% | −23,158−5.6% | Reduced |
| Natixis | 383,087 | $21.3M | 0.11% | +354,425+1,236.6% | Added |
| Advisor Group Holdings, Inc. | 374,681 | $21.0M | 0.03% | +3,351+0.9% | Added |
| Creative Planning | 372,642 | $20.7M | 0.02% | +511+0.1% | Added |
| Charles Schwab Investment Management Inc | 370,133 | $20.5M | 0.00% | +55,506+17.6% | Added |
| Academy Capital Management Inc | 367,419 | $20.4M | 2.91% | +1,170+0.3% | Added |
| Modera Wealth Management, LLC | 359,087 | $19.9M | 0.23% | −6,664−1.8% | Reduced |
| CIBC Private Wealth Group, LLC | 352,471 | $19.6M | 0.03% | +7,404+2.1% | Added |
| Banco Bilbao Vizcaya Argentaria, S.A. | 357,521 | $19.5M | 0.15% | +257,306+256.8% | Added |
| Mariner, LLC | 344,729 | $19.1M | 0.02% | −33,938−9.0% | Reduced |