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 |
|---|---|---|---|---|---|
| Mariner, LLC | 344,729 | $19.1M | 0.02% | −33,938−9.0% | Reduced |
| Banco Bilbao Vizcaya Argentaria, S.A. | 357,521 | $19.5M | 0.15% | +257,306+256.8% | Added |
| CIBC Private Wealth Group, LLC | 352,471 | $19.6M | 0.03% | +7,404+2.1% | Added |
| Modera Wealth Management, LLC | 359,087 | $19.9M | 0.23% | −6,664−1.8% | Reduced |
| Academy Capital Management Inc | 367,419 | $20.4M | 2.91% | +1,170+0.3% | Added |
| Charles Schwab Investment Management Inc | 370,133 | $20.5M | 0.00% | +55,506+17.6% | Added |
| Creative Planning | 372,642 | $20.7M | 0.02% | +511+0.1% | Added |
| Advisor Group Holdings, Inc. | 374,681 | $21.0M | 0.03% | +3,351+0.9% | Added |
| Natixis | 383,087 | $21.3M | 0.11% | +354,425+1,236.6% | Added |
| MayTech Global Investments, LLC | 387,083 | $21.5M | 2.24% | −23,158−5.6% | Reduced |
| Obermeyer Wood Investment Counsel, LLLP | 393,320 | $21.8M | 1.02% | −120.0% | Reduced |
| Smith Chas P & Associates Pa Cpas | 405,425 | $22.5M | 1.95% | +207,959+105.3% | Added |
| Warther Private Wealth, LLC | 407,995 | $22.6M | 5.36% | +30,263+8.0% | Added |
| Prospera Financial Services Inc | 420,795 | $23.4M | 0.40% | +42,789+11.3% | Added |
| GuoLine Advisory Pte Ltd | 426,700 | $23.7M | 2.36% | 00.0% | Unchanged |
| Traynor Capital Management, Inc. | 427,434 | $23.7M | 1.36% | +28,135+7.0% | Added |
| Healthcare of Ontario Pension Plan Trust Fund | 431,484 | $23.9M | 0.04% | +262,129+154.8% | Added |
| Brown Brothers Harriman & Co | 453,639 | $25.2M | 0.15% | −3,547−0.8% | Reduced |
| HSBC Holdings PLC | 459,436 | $25.3M | 0.01% | +121,191+35.8% | Added |
| Mirae Asset Global Investments Co., Ltd. | 462,795 | $25.7M | 0.08% | −543,611−54.0% | Reduced |
| The PNC Financial Services Group, Inc. | 462,940 | $25.7M | 0.02% | −63,294−12.0% | Reduced |
| Optiver Holding B.V. | 478,988 | $26.6M | 0.43% | +102,186+27.1% | Added |
| De Burlo Group Inc | 481,160 | $26.7M | 3.22% | +481,160 | New |
| Citigroup Inc | 490,484 | $27.2M | 0.02% | −660,486−57.4% | Reduced |
| Nichols & Pratt Advisers LLP | 500,991 | $27.8M | 1.76% | +8,935+1.8% | Added |
| Voloridge Investment Management, LLC | 505,153 | $28.0M | 0.09% | +477,622+1,734.9% | Added |
| Invesco Ltd. | 523,994 | $29.1M | 0.00% | +104,303+24.9% | Added |
| Vantage Investment Partners, LLC | 533,565 | $29.6M | 2.02% | +79,441+17.5% | Added |
| Federation des caisses Desjardins du Quebec | 543,451 | $30.2M | 0.12% | +192,476+54.8% | Added |
| Thornburg Investment Management Inc | 544,386 | $30.2M | 0.39% | −278,291−33.8% | Reduced |
| Cerity Partners LLC | 558,615 | $30.5M | 0.05% | −295,607−34.6% | Reduced |
| Walleye Trading LLC | 551,660 | $30.6M | 0.49% | +482,185+694.0% | Added |
| CIBC World Markets Inc. | 554,647 | $30.8M | 0.06% | −99,416−15.2% | Reduced |
| Schonfeld Strategic Advisors LLC | 557,519 | $30.9M | 0.22% | +557,519 | New |
| Oppenheimer Asset Management Inc. | 565,007 | $31.4M | 0.34% | +71,283+14.4% | Added |
| Simplex Trading, LLC | 595,602 | $33.0M | 0.73% | +290,365+95.1% | Added |
| United Capital Financial Advisers, LLC | 637,807 | $35.4M | 0.25% | +85,206+15.4% | Added |
| Marex Group plc | 649,740 | $36.1M | 0.45% | +468,674+258.8% | Added |
| Susquehanna International Group, LLP | 653,691 | $36.3M | 0.05% | −753,067−53.5% | Reduced |
| Bank of New York Mellon Corp | 671,656 | $37.3M | 0.01% | −133,911−16.6% | Reduced |
| BNP Paribas Arbitrage, SA | 679,370 | $37.7M | 0.03% | +89,616+15.2% | Added |
| Causeway Capital Management LLC | 695,979 | $38.6M | 0.51% | +342,095+96.7% | Added |
| CI Private Wealth, LLC | 728,080 | $40.4M | 0.06% | −323,325−30.8% | Reduced |
| Armistice Capital, LLC | 736,000 | $40.8M | 1.28% | +736,000 | New |
| Rockefeller Capital Management L.P. | 756,583 | $42.0M | 0.08% | +218,849+40.7% | Added |
| Colony Group, LLC | 760,615 | $42.2M | 0.07% | +156,062+25.8% | Added |
| American Century Companies Inc | 771,591 | $42.8M | 0.02% | +30,936+4.2% | Added |
| Truist Financial Corp | 780,746 | $43.3M | 0.06% | +119,098+18.0% | Added |
| Van Eck Associates Corp | 788,722 | $43.8M | 0.04% | +120,127+18.0% | Added |
| Cantor Fitzgerald, L. P. | 857,000 | $47.6M | 0.93% | +801,777+1,451.9% | Added |
| Barclays PLC | 860,963 | $47.8M | 0.02% | +232,108+36.9% | Added |
| Clearbridge Investments, LLC | 890,653 | $49.4M | 0.04% | −7,332,020−89.2% | Reduced |
| Stifel Financial Corp | 919,372 | $51.0M | 0.05% | −227,577−19.8% | Reduced |
| National Bank of Canada | 949,485 | $52.7M | 0.06% | +443,339+87.6% | Added |
| Nomura Holdings Inc | 974,870 | $54.1M | 0.25% | +607,044+165.0% | Added |
| Parnassus Investments | 1,013,684 | $56.2M | 0.13% | +2,138+0.2% | Added |
| Clear Street Group Inc. | 1,016,000 | $56.4M | 0.27% | +1,016,000 | New |
| D. E. Shaw & Co., Inc. | 1,049,519 | $58.2M | 0.05% | +1,049,519 | New |
| Bank of Montreal | 1,057,418 | $58.7M | 0.03% | −1,417,882−57.3% | Reduced |
| Squarepoint Ops LLC | 1,088,995 | $60.4M | 0.13% | +1,088,995 | New |
| Jennison Associates LLC | 1,226,004 | $68.0M | 0.04% | −17,659,339−93.5% | Reduced |
| Dimensional Fund Advisors LP | 1,338,647 | $74.3M | 0.02% | −135,375−9.2% | Reduced |
| LPL Financial LLC | 1,399,533 | $77.7M | 0.02% | −86,886−5.8% | Reduced |
| Lazard Asset Management LLC | 1,421,526 | $78.9M | 0.11% | +157,344+12.4% | Added |
| Ameriprise Financial Inc | 1,449,511 | $80.3M | 0.02% | −159,969−9.9% | Reduced |
| Two Sigma Investments, LP | 1,691,526 | $93.9M | 0.14% | −525,424−23.7% | Reduced |
| Baird Financial Group, Inc. | 1,795,434 | $99.6M | 0.16% | +318,761+21.6% | Added |
| Saratoga Research & Investment Management | 1,853,707 | $102.9M | 5.35% | +341,030+22.5% | Added |
| Saturna Capital CORP | 2,074,653 | $115.1M | 1.48% | −49,039−2.3% | Reduced |
| Jane Street Group, LLC | 2,186,466 | $121.3M | 0.14% | +1,427,178+188.0% | Added |
| Markel Group Inc.SuperinvestorMarkel Group | 2,368,649 | $131.4M | 1.07% | +110,061+4.9% | Added |
| SG Americas Securities, LLC | 2,383,176 | $132.2M | 0.48% | +2,274,925+2,101.5% | Added |
| Natixis Advisors, L.P. | 2,555,535 | $141.8M | 0.21% | −277,536−9.8% | Reduced |
| Davenport & Co LLC | 2,642,498 | $146.6M | 0.79% | +935,468+54.8% | Added |
| WCM Investment Management, LLC | 2,732,182 | $151.6M | 0.32% | +97,477+3.7% | Added |
| Renaissance Technologies LLC | 2,881,996 | $159.9M | 0.21% | −2,054,800−41.6% | Reduced |
| Citadel Advisors LLC | 3,132,034 | $173.8M | 0.14% | +2,735,562+690.0% | Added |
| Raymond James Financial Inc | 3,282,079 | $182.1M | 0.06% | −87,608−2.6% | Reduced |
| UBS Group AG | 3,690,216 | $204.8M | 0.04% | +1,833,169+98.7% | Added |
| Envestnet Asset Management Inc | 3,923,601 | $217.7M | 0.06% | −262,089−6.3% | Reduced |
| BlackRock, Inc. | 3,963,689 | $219.9M | 0.00% | −394,520−9.1% | Reduced |
| Wells Fargo & Company | 4,106,363 | $227.9M | 0.05% | −65,260−1.6% | Reduced |
| Northern Trust Corp | 4,611,126 | $255.9M | 0.03% | +189,640+4.3% | Added |
| Royal Bank of Canada | 4,737,665 | $262.9M | 0.05% | −350,629−6.9% | Reduced |
| Price T Rowe Associates Inc | 4,851,977 | $269.2M | 0.03% | −1,351,287−21.8% | Reduced |
| JPMorgan Chase & Co | 5,408,381 | $300.1M | 0.02% | +2,083,583+62.7% | Added |
| Boston Partners | 5,571,017 | $310.2M | 0.32% | +5,571,017 | New |
| State Street Corp | 6,106,836 | $340.1M | 0.01% | +59,153+1.0% | Added |
| State Farm Mutual Automobile Insurance Co | 6,142,778 | $340.9M | 0.28% | 00.0% | Unchanged |
| Everett Harris & Co | 6,393,780 | $354.8M | 4.37% | −4020.0% | Reduced |
| Goldman Sachs Group Inc | 6,716,358 | $372.7M | 0.05% | +2,125,816+46.3% | Added |
| Fayez Sarofim & Co | 7,353,587 | $408.1M | 0.95% | −3,150,075−30.0% | Reduced |
| Folketrygdfondet | 10,211,913 | $566.7M | 13.25% | +117,370+1.2% | Added |
| Fisher Asset Management, LLC | 10,322,903 | $572.8M | 0.21% | −678,013−6.2% | Reduced |
| Morgan Stanley | 12,413,429 | $688.8M | 0.04% | −1,871,361−13.1% | Reduced |
| Bank of America Corp | 13,403,378 | $743.8M | 0.06% | −1,318,100−9.0% | Reduced |
| Franklin Resources Inc | 13,984,789 | $776.0M | 0.19% | +13,658,867+4,190.8% | Added |
| FMR LLC | 14,075,391 | $781.0M | 0.04% | +134,231+1.0% | Added |
| Loomis Sayles & Co L P | 16,165,468 | $897.0M | 1.07% | +3,589,437+28.5% | Added |
| Capital International Investors | 17,713,424 | $983.0M | 0.16% | +6,092,192+52.4% | Added |