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Livermore
Livermore
ZHEN

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

Q3 2025 vs. Q2 2025

How the institutions holding Novo Nordisk A S changed between Q2 2025 and Q3 2025.

All holders in Q3 2025All holders in Q2 2025

13F holders of NVO: Q2 2025 compared with Q3 2025
MeasureQ2 2025Of which not filed for Q3 2025Q3 2025Change
Holders1,486231,401−62
Shares308.3M429.0K300.9M−7.02M (−2.3%)
Value$21.3B$29.5M$16.7B−$4.54B (−21.4%)

23 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so the changes leave them out.

New holders (161)

Institutions that held Novo Nordisk A S at the end of Q3 2025 but not at the end of Q2 2025.

Showing the largest 100 of 161 by value.

Institutions new to NVO in Q3 2025
InstitutionSharesValue% of portfolio
Boston Partners5,571,017$310.2M0.32%
Squarepoint Ops LLC1,088,995$60.4M0.13%
D. E. Shaw & Co., Inc.1,049,519$58.2M0.05%
Clear Street Group Inc.1,016,000$56.4M0.27%
Armistice Capital, LLC736,000$40.8M1.28%
Schonfeld Strategic Advisors LLC557,519$30.9M0.22%
De Burlo Group Inc481,160$26.7M3.22%
Aquatic Capital Management LLC303,448$16.8M0.31%
Mackenzie Financial Corp289,551$16.1M0.02%
BLKBRD Asset Management, LP279,014$15.5M4.31%
Hudson Bay Capital Management LP254,606$14.1M0.09%
Credit Agricole S A235,635$13.1M0.04%
Capital Fund Management S.A.234,742$13.0M0.13%
Quinn Opportunity Partners LLC226,000$12.5M0.92%
Eversept Partners, LP217,708$12.1M0.93%
Quantitative Investment Management, LLC198,699$11.0M1.53%
Foundation Resource Management Inc167,766$9.31M1.34%
Bridgewater Associates, LP138,947$7.71M0.03%
Claudia M.P. Batlle, CRP (R) LLC138,693$7.70M2.84%
GF Fund Management Co. Ltd.120,000$6.66M0.12%
Arrow Capital Pty Ltd70,000$5.87M3.15%
Nicholas Company, Inc.90,890$5.04M0.09%
Shorepoint Capital Partners LLC87,191$4.84M0.96%
Thompson Siegel & Walmsley LLC65,092$3.61M0.06%
Perpetual Ltd64,816$3.60M0.04%
Alpine Fox Capital LLC61,000$3.38M2.85%
Eastover Investment Advisors LLC59,811$3.32M1.44%
Factory Mutual Insurance Co59,614$3.31M0.03%
Allen Capital Group, LLC58,284$3.23M0.31%
Marathon Capital Management57,475$3.19M0.73%
Capital Advisory Group Advisory Services, LLC57,406$3.19M0.99%
Quantbot Technologies LP57,150$3.17M0.09%
AXA Investment Managers S.A.55,339$3.07M0.01%
Centiva Capital, LP52,298$2.90M0.27%
CAPROCK Group, Inc.49,305$2.78M0.07%
J. Goldman & Co LP50,000$2.77M0.10%
Truffle Hound Capital, LLC50,000$2.77M1.74%
Resolute Capital Asset Partners LLC50,000$2.77M1.45%
Summit Wealth Group LLC29,458$2.68M0.37%
Hara Capital LLC46,417$2.58M1.52%
Ravenswood Partners LP40,604$2.25M0.71%
Verity Asset Management, Inc.40,496$2.25M0.73%
Sofos Investments, Inc.38,888$2.16M0.43%
JCIC Asset Management Inc.36,099$2.00M0.63%
Virtu Financial LLC34,312$1.90M0.11%
Commons Capital, LLC30,000$1.66M1.12%
Laurion Capital Management LP29,200$1.62M0.22%
Fore Capital, LLC29,000$1.61M2.04%
Ted Buchan & Co27,503$1.53M0.60%
SageView Advisory Group, LLC25,516$1.42M0.05%
Diadema Partners LP25,000$1.39M0.97%
DKRT Investments Corp.25,000$1.39M0.33%
Cantor Fitzgerald Investment Adviser L.P.23,325$1.29M0.09%
Game Creek Capital, LP23,250$1.29M0.55%
Jump Financial, LLC22,267$1.24M0.02%
Scientech Research LLC19,624$1.09M0.38%
Two Sigma Securities, LLC18,291$1.01M0.15%
Fox Run Management, L.L.C.17,673$980.7K0.15%
Legacy Financial Advisors, Inc.16,558$918.8K0.13%
Mengis Capital Management, Inc.16,540$917.8K0.18%
Oak Associates, Ltd16,394$910.0K0.06%
Demars Financial Group, LLC16,339$906.7K0.31%
MSH Capital Advisors LLC15,423$855.8K0.23%
Brookwood Investment Group LLC14,690$815.1K0.11%
Schnieders Capital Management, LLC.12,916$716.7K0.13%
Farringdon Capital, Ltd.12,196$676.8K0.17%
Black Maple Capital Management LP11,999$665.8K0.48%
Journey Beyond Wealth, LLC11,320$628.1K0.52%
Jamison Private Wealth Management, Inc.11,248$624.2K0.08%
Fortis Group Advisors, LLC12,433$615.0K0.11%
New Vernon Investment Management LLC9,100$505.0K0.47%
1776 Wealth LLC8,522$472.9K0.18%
Wiser Advisor Group LLC8,194$454.7K0.57%
Dynasty Wealth Management, LLC7,887$437.6K0.01%
WP Advisors, LLC7,817$433.8K0.11%
49 Wealth Management, LLC7,204$399.8K0.04%
Waldron Private Wealth LLC7,157$397.1K0.02%
Fermata Advisors, LLC7,050$391.2K0.10%
Ironsides Asset Advisors, LLC6,623$367.5K0.09%
Cooper Financial Group6,618$367.2K0.04%
Basso Capital Management, L.P.6,500$360.7K0.24%
Change Path, LLC6,313$350.3K0.01%
GK Wealth Management LLC6,086$337.7K0.25%
Foster Victor Wealth Advisors, LLC5,404$322.2K0.02%
Fulcrum Equity Management5,770$320.2K0.32%
Persistent Asset Partners Ltd5,759$319.6K0.23%
Adapt Wealth Advisors, LLC5,485$304.4K0.11%
Hudson Portfolio Management LLC5,415$300.5K0.27%
Elm Partners Management LLC5,330$293.6K0.01%
Terril Brothers, Inc.5,245$291.0K0.09%
a16z Perennial Management, L.P.5,176$287.2K0.02%
Arlington Financial Advisors, LLC5,152$285.9K0.04%
WJ Financial Advisors LLC5,149$285.7K0.28%
Torrey Growth & Income Advisors4,901$272.0K0.08%
Beacon Financial Advisory LLC4,730$262.5K0.06%
Almanack Investment Partners, LLC.4,696$260.6K0.04%
Ruggaard & Associates LLC4,688$260.1K0.10%
Bank of Hawaii4,618$256.3K0.01%
Westerkirk Capital Inc.4,600$255.3K0.03%
Robertson Stephens Wealth Management, LLC4,520$250.8K0.01%

Sold out (223)

Institutions that held Novo Nordisk A S at the end of Q2 2025 and filed for Q3 2025 without it.

Showing the largest 100 of 223 by value.

Institutions that sold out of NVO in Q3 2025
InstitutionShares, Q2 2025Value, Q2 2025
Nuveen, LLC2,095,758$144.6M
DSM Capital Partners LLC1,760,978$121.5M
Magellan Asset Management Ltd1,678,195$115.8M
Tiger Global Management LLCSuperinvestorTiger Global Management1,269,000$87.6M
Holocene Advisors, LP373,010$25.7M
Clark Capital Management Group, Inc.318,851$22.0M
AXA S.A.267,933$18.5M
Wellington Management Group LLP260,619$18.0M
Freestone Grove Partners LP256,224$17.7M
Barlow Wealth Partners, Inc.236,999$16.5M
Walter Public Investments Inc.207,409$14.3M
Polen Capital Management LLC178,669$12.3M
Segment Wealth Management, LLC160,668$11.1M
Parkwood LLC159,438$11.0M
Mediolanum International Funds Ltd151,856$10.4M
Hardman Johnston Global Advisors LLC149,855$10.3M
Janney Capital Management LLC143,089$9.88M
Archon Partners LLC140,000$9.66M
Value Partners Investments Inc.125,959$8.69M
Sivik Global Healthcare LLC100,000$6.90M
Clear Street Markets LLC97,762$6.75M
Stansberry Asset Management, LLC94,778$6.54M
Trexquant Investment LP93,598$6.46M
Whittier Trust Co of Nevada Inc81,517$5.63M
Pictet North America Advisors SA73,549$5.08M
Janus Henderson Group PLC67,379$4.65M
London & Capital Asset Management Ltd66,848$4.61M
Whittier Trust Co66,181$4.57M
Condor Capital Management62,402$4.31M
Greenwood Capital Associates LLC56,884$3.93M
Sendero Wealth Management, LLC54,258$3.74M
Hamilton Wealth, LLC52,998$3.66M
Sage Capital Advisors,llc46,999$3.24M
Capital Wealth Planning, LLC45,286$3.13M
Strong Tower Advisory Services44,420$3.07M
First Foundation Advisors43,945$3.03M
Westpac Banking Corp43,895$3.03M
Verde Capital Management42,837$2.96M
Telligent Fund, LP40,000$2.76M
Guild Investment Management, Inc.36,995$2.55M
Altman Advisors, Inc.36,420$2.54M
Abc Arbitrage SA33,779$2.33M
Renaissance Investment Group LLC32,699$2.26M
Capital International Ltd32,458$2.24M
Alaethes Wealth LLC31,207$2.15M
Marshall Wace, LLP31,200$2.15M
Ar Asset Management Inc28,240$1.95M
Ramirez Asset Management, Inc.27,948$1.93M
Live Oak Private Wealth LLC27,708$1.91M
Foresight Capital Management Advisors, Inc.26,580$1.83M
Haverford Trust Co25,612$1.77M
SALT Holding Corp.24,684$1.70M
Clare Market Investments LLC23,035$1.59M
Eqis Capital Management, Inc.22,557$1.56M
Freedom Day Solutions, LLC22,511$1.55M
Empire Financial Management Company, LLC20,710$1.43M
Polar Asset Management Partners Inc.18,600$1.28M
Henshaw Capital LLC18,506$1.28M
Dakota Wealth Management17,301$1.19M
Sunpointe, LLC16,202$1.12M
Edgemoor Investment Advisors, Inc.15,190$1.05M
Dempze Nancy E14,678$1.01M
ICONIQ Capital, LLC14,536$1.00M
Brown Miller Wealth Management, LLC13,658$942.7K
Turtle Creek Wealth Advisors, LLC12,307$849.4K
Milestone Asset Management, LLC11,945$824.4K
GM Advisory Group, Inc.11,616$801.8K
BTC Capital Management, Inc.11,481$792.4K
Chilton Investment Co LLC11,460$791.0K
Csenge Advisory Group9,778$699.1K
Pinpoint Asset Management (Singapore) Pte. Ltd.9,238$637.6K
Pecaut & Co.9,200$635.0K
Ausdal Financial Partners, Inc.9,100$628.1K
BSW Wealth Partners9,099$628.0K
Capital Square, LLC8,778$605.1K
J. Safra Sarasin Holding AG8,500$586.7K
Embree Financial Group8,231$568.1K
Patriot Financial Group Insurance Agency, LLC8,070$557.0K
Transatlantique Private Wealth LLC8,054$556.0K
Covenant Partners, LLC7,991$551.5K
Harmony Asset Management LLC7,900$545.3K
American Trust7,721$532.9K
Founders Financial Securities LLC7,688$530.7K
V-Square Quantitative Management LLC7,627$526.4K
Hudock, Inc.7,590$523.9K
GKV Capital Management Co., Inc.7,100$490.0K
Garden State Investment Advisory Services LLC7,059$487.3K
American National Bank7,005$483.5K
Financial Advocates Investment Management6,944$479.3K
Curated Wealth Partners LLC6,789$468.6K
Montis Financial, LLC6,568$453.3K
Bellevue Group AG6,500$448.6K
Fox Hill Wealth Management6,160$425.2K
Flputnam Investment Management Co6,136$423.5K
Westfield Capital Management Co LP5,995$413.8K
Jaffetilchin Investment Partners, LLC5,924$408.9K
GQG Partners LLC5,923$408.8K
Nomura Asset Management Co Ltd5,872$405.3K
Cordatus Wealth Management LLC5,868$405.0K
Mainstay Capital Management LLC5,838$402.9K

Not filed for Q3 2025 yet (23)

Institutions that held Novo Nordisk A S at the end of Q2 2025 and haven't filed a 13F for Q3 2025. Not filing isn't selling, so they aren't counted as sold out.

Institutions holding NVO in Q2 2025 that haven't filed for Q3 2025
InstitutionShares, Q2 2025Value, Q2 2025
Avantax Advisory Services, Inc.89,178$6.16M
Congress Wealth Management LLC64,859$4.48M
EP Wealth Advisors, LLC47,637$3.29M
HAP Trading, LLC44,060$3.04M
Wambolt & Associates, LLC32,532$2.27M
Financial Gravity Companies, Inc.29,546$2.04M
Financial Partners Group, LLC26,308$1.82M
Moser Wealth Advisors, LLC15,778$1.09M
Oliver Lagore Vanvalin Investment Group14,067$976.8K
Schnieders Capital Management LLC12,606$870.1K
Atria Wealth Solutions, Inc.12,419$857.5K
Keudell/Morrison Wealth Management10,234$706.4K
Scott Marsh Financial, LLC5,659$390.6K
Union Savings Bank7,446$350.4K
Forte Capital LLC4,982$343.9K
Grassi Investment Management4,570$315.0K
First Horizon Advisors, Inc.4,518$311.9K
Centricity Wealth Management, LLC2,014$139.0K
Atlas Capital Advisors LLC268$18.5K
Legacy Investment Solutions, LLC109$7.52K
Safe Harbor Fiduciary, LLC102$7.04K
Iron Horse Wealth Management, LLC70$4.83K
Belmont Capital, LLC30$2.07K