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 |
|---|---|---|---|---|---|
| Bard Financial Services, Inc. | 60,275 | $3.34M | 0.37% | −9,695−13.9% | Reduced |
| Teachers Retirement System of the State of Kentucky | 60,940 | $3.38M | 0.03% | +3,200+5.5% | Added |
| Alpine Fox Capital LLC | 61,000 | $3.38M | 2.85% | +61,000 | New |
| Bleakley Financial Group, LLC | 61,322 | $3.40M | 0.08% | −4,759−7.2% | Reduced |
| Todd Asset Management LLC | 61,372 | $3.41M | 0.07% | +3,632+6.3% | Added |
| Callan Family Office, LLC | 62,521 | $3.47M | 0.11% | −46,071−42.4% | Reduced |
| FourThought Financial Partners, LLC | 62,547 | $3.47M | 0.31% | +4,613+8.0% | Added |
| NewEdge Wealth, LLC | 72,242 | $3.50M | 0.05% | +37,670+109.0% | Added |
| Beutel, Goodman & Co Ltd. | 63,438 | $3.52M | 0.02% | −9,080−12.5% | Reduced |
| EagleClaw Capital Managment, LLC | 64,150 | $3.56M | 0.50% | −1,000−1.5% | Reduced |
| Perpetual Ltd | 64,816 | $3.60M | 0.04% | +64,816 | New |
| Thompson Siegel & Walmsley LLC | 65,092 | $3.61M | 0.06% | +65,092 | New |
| Azzad Asset Management Inc | 65,167 | $3.62M | 0.36% | +1,153+1.8% | Added |
| Park Avenue Securities LLC | 65,187 | $3.62M | 0.03% | −20,783−24.2% | Reduced |
| Signaturefd, LLC | 65,747 | $3.65M | 0.06% | −10,234−13.5% | Reduced |
| Wendell David Associates Inc | 65,847 | $3.65M | 0.36% | −6,955−9.6% | Reduced |
| Wiley Bros.-Aintree Capital, LLC | 65,972 | $3.66M | 0.02% | −34,558−34.4% | Reduced |
| Somerville Kurt F | 66,313 | $3.68M | 0.61% | +15,975+31.7% | Added |
| Boston Common Asset Management, LLC | 66,484 | $3.69M | 0.10% | −17,268−20.6% | Reduced |
| Motley Fool Wealth Management, LLC | 67,147 | $3.73M | 0.25% | −9,471−12.4% | Reduced |
| Bayesian Capital Management, LP | 68,300 | $3.79M | 0.77% | +61,400+889.9% | Added |
| Lafayette Investments, Inc. | 68,845 | $3.82M | 0.73% | +21,091+44.2% | Added |
| Ethic Inc. | 69,154 | $3.84M | 0.06% | −22,990−25.0% | Reduced |
| KMG Fiduciary Partners, LLC | 70,049 | $3.89M | 0.26% | +608+0.9% | Added |
| Sawyer & Company, Inc | 56,693 | $3.91M | 1.48% | +11,631+25.8% | Added |
| Atwater Malick LLC | 71,447 | $3.96M | 1.15% | −94,158−56.9% | Reduced |
| Van Hulzen Asset Management, LLC | 71,970 | $3.99M | 0.30% | −300−0.4% | Reduced |
| Ritholtz Wealth Management | 73,182 | $4.06M | 0.08% | −27,835−27.6% | Reduced |
| Nilsine Partners, LLC | 73,554 | $4.08M | 0.37% | +637+0.9% | Added |
| TD Waterhouse Canada Inc. | 69,464 | $4.12M | 0.03% | +4,245+6.5% | Added |
| Harbour Investment Management LLC | 74,601 | $4.14M | 1.80% | −7,860−9.5% | Reduced |
| Ipswich Investment Management Co., Inc. | 74,995 | $4.16M | 0.97% | −170.0% | Reduced |
| Round Hill Asset Management | 75,725 | $4.20M | 2.77% | +18,686+32.8% | Added |
| Korea Investment CORP | 76,140 | $4.23M | 0.01% | +37,748+98.3% | Added |
| Wesbanco Bank Inc | 76,520 | $4.25M | 0.12% | −97,165−55.9% | Reduced |
| Grantham, Mayo, Van Otterloo & Co. LLC | 76,612 | $4.25M | 0.01% | +15,027+24.4% | Added |
| Eagle Global Advisors LLC | 77,198 | $4.28M | 0.16% | −28,110−26.7% | Reduced |
| Solidarilty Wealth, LLC | 76,918 | $4.29M | 0.92% | +5,483+7.7% | Added |
| Hemenway Trust Co LLC | 78,167 | $4.34M | 0.33% | −45,561−36.8% | Reduced |
| M&T Bank Corp | 78,784 | $4.37M | 0.01% | −3,854−4.7% | Reduced |
| Brookmont Capital Management | 78,858 | $4.38M | 2.43% | +21,725+38.0% | Added |
| St Germain D J Co Inc | 79,341 | $4.40M | 0.18% | −444−0.6% | Reduced |
| RKL Wealth Management LLC | 79,503 | $4.41M | 0.38% | −4,452−5.3% | Reduced |
| Wetherby Asset Management Inc | 80,517 | $4.47M | 0.18% | −11,442−12.4% | Reduced |
| Private Advisor Group, LLC | 81,098 | $4.50M | 0.02% | −4,800−5.6% | Reduced |
| Farther Finance Advisors, LLC | 82,137 | $4.56M | 0.07% | −21,001−20.4% | Reduced |
| Borer Denton & Associates, Inc. | 82,219 | $4.56M | 1.51% | −22,722−21.7% | Reduced |
| GWM Advisors LLC | 83,777 | $4.65M | 0.02% | −26,177−23.8% | Reduced |
| Quadrant Capital Group LLC | 84,342 | $4.68M | 0.15% | −36,116−30.0% | Reduced |
| Banco Santander, S.A. | 84,567 | $4.69M | 0.04% | −63,587−42.9% | Reduced |
| Lester Murray Antman dba SimplyRich | 84,621 | $4.70M | 1.27% | −7,782−8.4% | Reduced |
| Wedbush Securities Inc | 85,694 | $4.75M | 0.16% | −694−0.8% | Reduced |
| Shorepoint Capital Partners LLC | 87,191 | $4.84M | 0.96% | +87,191 | New |
| Nicholas Company, Inc. | 90,890 | $5.04M | 0.09% | +90,890 | New |
| Eastern Bank | 91,268 | $5.06M | 0.09% | +1,537+1.7% | Added |
| U.S. Capital Wealth Advisors, LLC | 92,695 | $5.14M | 0.14% | +44,707+93.2% | Added |
| Allspring Global Investments Holdings, LLC | 86,982 | $5.15M | 0.01% | −7,570−8.0% | Reduced |
| Arlington Partners LLC | 93,006 | $5.16M | 1.78% | +26,928+40.8% | Added |
| Smithbridge Asset Management Inc | 94,479 | $5.24M | 0.76% | +2,845+3.1% | Added |
| Victory Capital Management Inc | 95,783 | $5.31M | 0.00% | −1,024,146−91.4% | Reduced |
| Fundamentun, LLC | 96,725 | $5.37M | 0.22% | +7,356+8.2% | Added |
| Greenfield Seitz Capital Management, LLC | 96,960 | $5.38M | 1.73% | +12,948+15.4% | Added |
| Peapack Gladstone Financial Corp | 98,174 | $5.45M | 0.07% | +22,525+29.8% | Added |
| Biondo Investment Advisors, LLC | 98,490 | $5.47M | 0.68% | +6,940+7.6% | Added |
| Advisory Services Network, LLC | 98,850 | $5.49M | 0.08% | +10,642+12.1% | Added |
| XXEC, Inc. | 99,075 | $5.50M | 4.72% | +20,890+26.7% | Added |
| Aperture Investors, LLC | 99,121 | $5.50M | 0.76% | +35,317+55.4% | Added |
| Marietta Investment Partners LLC | 99,310 | $5.51M | 1.06% | −22,649−18.6% | Reduced |
| New York State Common Retirement Fund | 100,744 | $5.59M | 0.01% | −19,550−16.3% | Reduced |
| Harbour Trust & Investment Management Co | 101,562 | $5.64M | 0.58% | −4,665−4.4% | Reduced |
| Steward Partners Investment Advisory, LLC | 102,912 | $5.71M | 0.03% | −35,302−25.5% | Reduced |
| Bridger Management, LLC | 103,000 | $5.72M | 3.08% | −1,386−1.3% | Reduced |
| Sphera Funds Management Ltd. | 105,677 | $5.86M | 1.39% | 00.0% | Unchanged |
| Arrow Capital Pty Ltd | 70,000 | $5.87M | 3.15% | +70,000 | New |
| Phoenix Holdings Ltd. | 106,546 | $5.91M | 0.07% | +52,168+95.9% | Added |
| Brown Advisory Inc | 107,040 | $5.94M | 0.01% | −7,117−6.2% | Reduced |
| Loring Wolcott & Coolidge Fiduciary Advisors LLP | 112,021 | $5.96M | 0.05% | −6,219−5.3% | Reduced |
| Exchange Traded Concepts, LLC | 107,469 | $5.96M | 0.06% | +19,516+22.2% | Added |
| Jain Global LLC | 108,237 | $6.01M | 0.08% | +87,483+421.5% | Added |
| Kestra Advisory Services, LLC | 108,252 | $6.01M | 0.03% | −18,444−14.6% | Reduced |
| Lynch Asset Management, Inc. | 108,700 | $6.03M | 1.93% | 00.0% | Unchanged |
| SFMG, LLC | 110,360 | $6.12M | 0.42% | +6,945+6.7% | Added |
| Calamos Advisors LLC | 111,627 | $6.19M | 0.03% | 00.0% | Unchanged |
| Headinvest, LLC | 113,064 | $6.27M | 1.30% | −3,925−3.4% | Reduced |
| Grimes & Company, Inc. | 113,752 | $6.31M | 0.16% | −11,604−9.3% | Reduced |
| Silvercrest Asset Management Group LLC | 114,025 | $6.33M | 0.04% | −99,345−46.6% | Reduced |
| Cullen/Frost Bankers, Inc. | 115,383 | $6.40M | 0.07% | −2,506−2.1% | Reduced |
| Carolina Wealth Advisors, LLC | 116,973 | $6.49M | 2.80% | +102,629+715.5% | Added |
| Martin Capital Partners, LLC | 117,577 | $6.52M | 2.53% | +41,129+53.8% | Added |
| Two Sigma Advisers, LP | 119,600 | $6.64M | 0.01% | −1,272,100−91.4% | Reduced |
| GF Fund Management Co. Ltd. | 120,000 | $6.66M | 0.12% | +120,000 | New |
| RSM US Wealth Management LLC | 120,236 | $6.67M | 0.09% | +1,635+1.4% | Added |
| Choate Investment Advisors | 120,569 | $6.69M | 0.14% | −93,217−43.6% | Reduced |
| Evelyn Partners Asset Management Ltd | 121,458 | $6.74M | 1.52% | +40,836+50.7% | Added |
| Fiduciary Trust Co | 123,315 | $6.84M | 0.08% | −19,572−13.7% | Reduced |
| Stamos Capital Partners, L.P. | 123,539 | $6.86M | 1.29% | +39,761+47.5% | Added |
| AQR Capital Management LLC | 123,795 | $6.87M | 0.00% | −1,655−1.3% | Reduced |
| BFSG, LLC | 123,964 | $6.88M | 0.67% | +6,514+5.5% | Added |
| Foresight Group Ltd Liability Partnership | 125,005 | $6.94M | 1.04% | +86+0.1% | Added |
| Brinker Capital Investments, LLC | 126,338 | $7.01M | 0.05% | −133,785−51.4% | Reduced |