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 | 1,866 | $47.9B |
| Q1 2024 | 1,745 | $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 |
|---|---|---|---|---|---|
| Aurora Investment Counsel | 38,679 | $2.15M | 1.12% | +9,419+32.2% | Added |
| Nicollet Investment Management, Inc. | 38,713 | $2.15M | 0.70% | −1,125−2.8% | Reduced |
| Yousif Capital Management, LLC | 38,849 | $2.16M | 0.02% | 00.0% | Unchanged |
| Sofos Investments, Inc. | 38,888 | $2.16M | 0.43% | +38,888 | New |
| Roundview Capital LLC | 39,180 | $2.17M | 0.14% | −12,337−23.9% | Reduced |
| Sterling Capital Management LLC | 40,108 | $2.23M | 0.03% | +4,146+11.5% | Added |
| D.A. Davidson & Co. | 40,234 | $2.23M | 0.01% | −184−0.5% | Reduced |
| Manhattan West Asset Management, LLC | 40,369 | $2.24M | 0.47% | +11,278+38.8% | Added |
| Verity Asset Management, Inc. | 40,496 | $2.25M | 0.73% | +40,496 | New |
| Ravenswood Partners LP | 40,604 | $2.25M | 0.71% | +40,604 | New |
| Rathbone Brothers plc | 40,868 | $2.27M | 0.01% | −1,180−2.8% | Reduced |
| Bartlett & Co. Wealth Management LLC | 41,016 | $2.28M | 0.03% | −1,904−4.4% | Reduced |
| Zevin Asset Management LLC | 41,017 | $2.28M | 0.33% | −34,723−45.8% | Reduced |
| Skopos Labs, Inc. | 33,252 | $2.28M | 0.31% | −177−0.5% | Reduced |
| Flow Traders U.S. LLC | 41,121 | $2.28M | 0.09% | +34,654+535.9% | Added |
| Fifth Third Bancorp | 41,182 | $2.29M | 0.01% | −2,079−4.8% | Reduced |
| Envestnet Portfolio Solutions, Inc. | 41,485 | $2.30M | 0.01% | −9,385−18.4% | Reduced |
| First Trust Advisors LP | 41,595 | $2.31M | 0.00% | −19,903−32.4% | Reduced |
| Destination Wealth Management | 41,840 | $2.32M | 0.06% | −3,210−7.1% | Reduced |
| Hussman Strategic Advisors, Inc. | 42,000 | $2.33M | 0.50% | −10,500−20.0% | Reduced |
| Lynx Capital Group Ltd | 42,609 | $2.36M | 1.10% | +539+1.3% | Added |
| North Star Asset Management Inc | 42,649 | $2.37M | 0.10% | +1,185+2.9% | Added |
| Advisors Asset Management, Inc. | 43,135 | $2.39M | 0.04% | −13,960−24.5% | Reduced |
| MAI Capital Management | 43,260 | $2.40M | 0.02% | −4,251−8.9% | Reduced |
| Balyasny Asset Management LLC | 43,980 | $2.44M | 0.00% | −1,490,771−97.1% | Reduced |
| Capital Insight Partners, LLC | 44,357 | $2.46M | 0.41% | −6,248−12.3% | Reduced |
| Naviter Wealth, LLC | 44,550 | $2.47M | 0.29% | −15,184−25.4% | Reduced |
| ICW Investment Advisors LLC | 44,575 | $2.47M | 0.90% | +2,349+5.6% | Added |
| Tevis Investment Management | 44,700 | $2.48M | 1.49% | +4,838+12.1% | Added |
| Norman Fields, Gottscho Capital Management, LLC | 45,137 | $2.50M | 0.80% | +1,200+2.7% | Added |
| Coldstream Capital Management Inc | 45,173 | $2.51M | 0.03% | −13,372−22.8% | Reduced |
| Stokes Family Office, LLC | 45,547 | $2.53M | 0.24% | +7,326+19.2% | Added |
| Mutual Advisors, LLC | 47,590 | $2.53M | 0.06% | +2,272+5.0% | Added |
| Compagnie Lombard Odier SCmA | 45,835 | $2.54M | 0.03% | −5,250−10.3% | Reduced |
| Parallel Advisors, LLC | 45,860 | $2.54M | 0.05% | +1,125+2.5% | Added |
| Beverly Hills Private Wealth, LLC | 45,901 | $2.55M | 0.45% | +1,019+2.3% | Added |
| Jarislowsky, Fraser Ltd | 46,215 | $2.56M | 0.01% | −25,625−35.7% | Reduced |
| Sentinel Trust Co Lba | 46,238 | $2.57M | 0.26% | +2,066+4.7% | Added |
| Hara Capital LLC | 46,417 | $2.58M | 1.52% | +46,417 | New |
| Vident Advisory, LLC | 46,623 | $2.59M | 0.03% | −3,137−6.3% | Reduced |
| Ingalls & Snyder LLC | 46,724 | $2.59M | 0.09% | −3,957−7.8% | Reduced |
| Mission Creek Capital Partners, Inc. | 46,810 | $2.60M | 0.51% | +41,012+707.3% | Added |
| Umb Bank N A | 46,830 | $2.60M | 0.04% | +6,241+15.4% | Added |
| Auxano Advisors, LLC | 46,840 | $2.60M | 0.55% | +5,578+13.5% | Added |
| Matauro, LLC | 47,076 | $2.61M | 0.42% | +15,739+50.2% | Added |
| South State Corp. | 47,814 | $2.65M | 0.12% | −2,800−5.5% | Reduced |
| Ieq Capital, LLC | 47,922 | $2.66M | 0.01% | +14,516+43.5% | Added |
| Bradley Foster & Sargent Inc | 48,015 | $2.66M | 0.04% | −7,975−14.2% | Reduced |
| Autumn Glory Partners, LLC | 48,082 | $2.67M | 1.10% | +8,228+20.6% | Added |
| Equitable Trust Co | 48,103 | $2.67M | 0.12% | −982−2.0% | Reduced |
| Summit Wealth Group LLC | 29,458 | $2.68M | 0.37% | +29,458 | New |
| Perigon Wealth Management, LLC | 48,375 | $2.68M | 0.05% | +36,761+316.5% | Added |
| Savvy Advisors, Inc. | 48,824 | $2.71M | 0.12% | +22,138+83.0% | Added |
| Equitable Holdings, Inc. | 48,938 | $2.72M | 0.02% | −792−1.6% | Reduced |
| Henry James International Management, Inc. | 49,210 | $2.73M | 0.84% | 00.0% | Unchanged |
| Capital Research Global Investors | 49,226 | $2.73M | 0.00% | −13,403−21.4% | Reduced |
| Iams Wealth Management, LLC | 49,278 | $2.73M | 1.10% | +12,617+34.4% | Added |
| Country Club Bank | 49,360 | $2.74M | 0.16% | +22,394+83.0% | Added |
| Portside Wealth Group, LLC | 49,415 | $2.74M | 0.38% | +7,677+18.4% | Added |
| Longfellow Investment Management Co LLC | 49,800 | $2.76M | 0.66% | +21,543+76.2% | Added |
| J. Goldman & Co LP | 50,000 | $2.77M | 0.10% | +50,000 | New |
| Truffle Hound Capital, LLC | 50,000 | $2.77M | 1.74% | +50,000 | New |
| Resolute Capital Asset Partners LLC | 50,000 | $2.77M | 1.45% | +50,000 | New |
| CAPROCK Group, Inc. | 49,305 | $2.78M | 0.07% | +49,305 | New |
| Cardinal Capital Management | 50,628 | $2.81M | 0.39% | +1,052+2.1% | Added |
| Pinnacle Associates Ltd | 51,022 | $2.83M | 0.04% | +14,660+40.3% | Added |
| Empowered Funds, LLC | 51,040 | $2.83M | 0.03% | −23,043−31.1% | Reduced |
| Wilson & Boucher Capital Management, LLC | 51,153 | $2.84M | 1.87% | −2,185−4.1% | Reduced |
| Banque Pictet & Cie SA | 51,506 | $2.86M | 0.03% | −289−0.6% | Reduced |
| Geo Capital Gestora de Recursos Ltd | 51,611 | $2.86M | 5.25% | −2,233−4.1% | Reduced |
| Centiva Capital, LP | 52,298 | $2.90M | 0.27% | +52,298 | New |
| Eukles Asset Management | 52,933 | $2.94M | 1.14% | −782−1.5% | Reduced |
| RFG Advisory, LLC | 53,968 | $2.99M | 0.06% | +1,567+3.0% | Added |
| Concurrent Investment Advisors, LLC | 54,730 | $3.04M | 0.05% | −4,711−7.9% | Reduced |
| Apollon Wealth Management, LLC | 54,737 | $3.04M | 0.05% | +8,159+17.5% | Added |
| Toroso Investments, LLC | 54,814 | $3.04M | 0.01% | +35,467+183.3% | Added |
| Brown, Lisle/Cummings, Inc. | 54,883 | $3.05M | 0.78% | −1,171−2.1% | Reduced |
| AXA Investment Managers S.A. | 55,339 | $3.07M | 0.01% | +55,339 | New |
| Loudon Investment Management, LLC | 55,381 | $3.07M | 1.61% | +17,710+47.0% | Added |
| Meridian Investment Counsel Inc. | 55,492 | $3.08M | 0.76% | +3,105+5.9% | Added |
| Bennett Selby Investments LP | 55,696 | $3.09M | 1.02% | +4,465+8.7% | Added |
| Bessemer Group Inc | 56,933 | $3.16M | 0.00% | −2,053−3.5% | Reduced |
| Keybank National Association | 57,017 | $3.16M | 0.01% | −1,307−2.2% | Reduced |
| Freestone Capital Holdings, LLC | 57,057 | $3.17M | 0.10% | +32,953+136.7% | Added |
| Quantbot Technologies LP | 57,150 | $3.17M | 0.09% | +57,150 | New |
| Crossmark Global Holdings, Inc. | 57,365 | $3.18M | 0.05% | +5,771+11.2% | Added |
| Rhumbline Advisers | 57,382 | $3.18M | 0.00% | −8,174−12.5% | Reduced |
| Capital Advisory Group Advisory Services, LLC | 57,406 | $3.19M | 0.99% | +57,406 | New |
| Hantz Financial Services, Inc. | 57,426 | $3.19M | 0.05% | −22,116−27.8% | Reduced |
| Marathon Capital Management | 57,475 | $3.19M | 0.73% | +57,475 | New |
| Allen Capital Group, LLC | 58,284 | $3.23M | 0.31% | +58,284 | New |
| Americana Partners, LLC | 58,343 | $3.24M | 0.10% | +1,053+1.8% | Added |
| Money Concepts Capital Corp | 58,564 | $3.25M | 0.20% | +2,781+5.0% | Added |
| Prime Capital Investment Advisors, LLC | 58,601 | $3.25M | 0.04% | −14,618−20.0% | Reduced |
| CMT Capital Markets Trading GmbH | 59,289 | $3.29M | 1.37% | +9,137+18.2% | Added |
| Factory Mutual Insurance Co | 59,614 | $3.31M | 0.03% | +59,614 | New |
| Eastover Investment Advisors LLC | 59,811 | $3.32M | 1.44% | +59,811 | New |
| B&L Asset Management LLC | 59,844 | $3.32M | 1.70% | −920−1.5% | Reduced |
| Vestmark Advisory Solutions, Inc. | 59,896 | $3.32M | 0.06% | +7,948+15.3% | Added |
| Ssa Swiss Advisors AG | 59,901 | $3.33M | 1.55% | 00.0% | Unchanged |