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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.

Institutional holdersQ3 2025: 1,401 institutions
Q1 2021: 708 institutionsQ2 2021: 737 institutionsQ3 2021: 806 institutionsQ4 2021: 887 institutionsQ1 2022: 902 institutionsQ2 2022: 934 institutionsQ3 2022: 908 institutionsQ4 2022: 1,050 institutionsQ1 2023: 1,148 institutionsQ2 2023: 1,198 institutionsQ3 2023: 1,308 institutionsQ4 2023: 1,512 institutionsQ1 2024: 1,746 institutionsQ2 2024: 1,867 institutionsQ3 2024: 1,787 institutionsQ4 2024: 1,670 institutionsQ1 2025: 1,535 institutionsQ2 2025: 1,486 institutionsQ3 2025: 1,401 institutionsQ4 2025: 1,421 institutionsQ1 2026: 1,278 institutionsQ2 2026: 1,355 institutions
Value heldQ3 2025: $16.7B
Q1 2021: $8.87BQ2 2021: $11.0BQ3 2021: $12.7BQ4 2021: $14.7BQ1 2022: $15.2BQ2 2022: $16.4BQ3 2022: $13.8BQ4 2022: $19.4BQ1 2023: $22.1BQ2 2023: $23.2BQ3 2023: $27.4BQ4 2023: $32.2BQ1 2024: $41.8BQ2 2024: $47.9BQ3 2024: $39.7BQ4 2024: $29.1BQ1 2025: $22.5BQ2 2025: $21.3BQ3 2025: $16.7BQ4 2025: $16.0BQ1 2026: $12.0BQ2 2026: $15.7B
Institutions holding NVO and their total value by quarter
QuarterHoldersValue
Q2 20261,355$15.7B
Q1 20261,278$12.0B
Q4 20251,421$16.0B
Q3 20251,401$16.7B
Q2 20251,486$21.3B
Q1 20251,535$22.5B
Q4 20241,670$29.1B
Q3 20241,787$39.7B
Q2 20241,867$47.9B
Q1 20241,746$41.8B
Q4 20231,512$32.2B
Q3 20231,308$27.4B
Q2 20231,198$23.2B
Q1 20231,148$22.1B
Q4 20221,050$19.4B
Q3 2022908$13.8B
Q2 2022934$16.4B
Q1 2022902$15.2B
Q4 2021887$14.7B
Q3 2021806$12.7B
Q2 2021737$11.0B
Q1 2021708$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.

Institutions holding NVO in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Private Wealth Asset Management, LLC985$54.7K0.01%−34−3.3%Reduced
Evelyn Partners Investment Management Services Ltd985$54.7K0.01%+47+5.0%Added
Winnow Wealth LLC988$55.3K0.04%+988New
Washington Trust Advisors, Inc.998$55.4K0.00%+220+28.3%Added
Whipplewood Advisors, LLC1,000$55.5K0.04%−3,257−76.5%Reduced
Park Place Capital Corp1,000$55.5K0.01%−947−48.6%Reduced
City State Bank1,040$57.7K0.02%−25−2.3%Reduced
Heritage Wealth Advisors1,050$58.3K0.00%00.0%Unchanged
Dunhill Financial, LLC1,072$59.5K0.02%−298−21.8%Reduced
Bogart Wealth, LLC1,102$61.1K0.00%+245+28.6%Added
Investment Research & Advisory Group, Inc.1,115$61.9K0.02%00.0%Unchanged
JPL Wealth Management, LLC1,148$63.7K0.02%+1,148New
Close Asset Management Ltd1,153$64.0K0.00%00.0%Unchanged
JFS Wealth Advisors, LLC1,156$64.1K0.00%−149−11.4%Reduced
Manitou Investment Management Ltd.1,159$64.3K0.01%00.0%Unchanged
Grove Bank & Trust1,160$64.4K0.01%−389−25.1%Reduced
Barrett & Company, Inc.1,169$64.9K0.02%+8+0.7%Added
Cary Street Partner Investment Advisory LLC1,180$65.5K0.03%−1,266−51.8%Reduced
Covestor Ltd1,200$67.0K0.04%+404+50.8%Added
Cloud Capital Management, LLC1,227$68.0K0.04%+1,227New
AllSquare Wealth Management LLC1,310$72.7K0.04%00.0%Unchanged
Bank Julius Baer & Co. Ltd, Zurich1,373$76.2K0.00%00.0%Unchanged
Vestor Capital, LLC1,404$78.0K0.01%+1,404New
LMR Partners LLP1,406$78.0K0.00%+1,406New
S&T Bank1,430$79.4K0.02%00.0%Unchanged
Crewe Advisors LLC1,433$79.5K0.01%+1,433New
Texas Capital Bancshares Inc1,477$82.0K0.03%−2,618−63.9%Reduced
Golden State Wealth Management, LLC1,502$83.4K0.01%+71+5.0%Added
Advisors Preferred, LLC1,440$85.2K0.01%+1,440New
Addison Advisors LLC1,568$87.0K0.02%−555−26.1%Reduced
Ameriflex Group, Inc.1,586$88.0K0.03%−4,925−75.6%Reduced
Salomon & Ludwin, LLC1,485$88.6K0.01%+999+205.6%Added
First Horizon Corp1,651$91.6K0.00%+1,651New
Caldwell Trust Co1,667$92.5K0.01%−12,010−87.8%Reduced
JNBA Financial Advisors1,676$93.0K0.01%00.0%Unchanged
Nisa Investment Advisors, LLC1,700$94.3K0.00%+500+41.7%Added
Binnacle Investments Inc1,712$95.0K0.06%+522+43.9%Added
Tower Research Capital LLC (TRC)1,767$98.1K0.00%−141,474−98.8%Reduced
Truvestments Capital LLC1,839$102.1K0.02%−58−3.1%Reduced
WPG Advisers, LLC1,857$103.0K0.08%−228−10.9%Reduced
Gables Capital Management Inc.1,900$105.4K0.05%00.0%Unchanged
Sound Income Strategies, LLC1,801$105.7K0.01%−891−33.1%Reduced
AdvisorNet Financial, Inc1,925$106.8K0.01%+22+1.2%Added
Strategic Wealth Partners, Ltd.1,956$108.5K0.01%00.0%Unchanged
Palisade Asset Management, LLC1,974$109.5K0.01%+1,974New
N.E.W. Advisory Services LLC2,014$111.8K0.01%00.0%Unchanged
Stephens Consulting, LLC2,050$113.8K0.04%−144−6.6%Reduced
North Star Investment Management Corp.2,054$114.0K0.01%−888−30.2%Reduced
General Partner, Inc.2,080$115.4K0.06%00.0%Unchanged
Newbridge Financial Services Group, Inc.2,102$116.6K0.02%+1,845+717.9%Added
Greykasell Wealth Strategies, Inc.2,157$119.7K0.05%00.0%Unchanged
Cito Capital Group, LLC2,206$122.0K0.04%00.0%Unchanged
Glen Eagle Advisors, LLC2,202$122.2K0.02%−3,492−61.3%Reduced
Farmers & Merchants Trust Co of Chambersburg PA2,209$123.0K0.03%−479−17.8%Reduced
Optimum Investment Advisors2,250$124.9K0.05%−700−23.7%Reduced
Princeton Global Asset Management LLC2,307$128.0K0.02%−2,213−49.0%Reduced
Brentview Investment Management LLC2,334$129.5K0.06%00.0%Unchanged
Banque Transatlantique SA2,355$130.9K0.00%−3,399−59.1%Reduced
Asset Dedication, LLC2,365$131.2K0.01%00.0%Unchanged
Avalon Trust Co2,372$131.6K0.01%−639−21.2%Reduced
Centerpoint Advisors, LLC2,425$135.0K0.04%+65+2.8%Added
Arlington Trust Co LLC2,490$138.2K0.02%+1,372+122.7%Added
BOK Financial Private Wealth, Inc.2,500$138.7K0.01%−2,190−46.7%Reduced
HM Payson & Co2,518$139.7K0.00%−346,003−99.3%Reduced
Migdal Insurance & Financial Holdings Ltd.2,780$154.0K0.00%00.0%Unchanged
Rexford Capital Inc2,836$157.4K0.12%+950+50.4%Added
Transcend Wealth Collective, LLC2,851$158.2K0.01%+439+18.2%Added
Westside Investment Management, Inc.2,830$160.9K0.03%+473+20.1%Added
Frazier Financial Advisors, LLC2,928$162.5K0.10%+200+7.3%Added
Ancora Advisors, LLC2,937$163.0K0.00%−250−7.8%Reduced
TFC Financial Management2,941$163.2K0.02%+101+3.6%Added
Financial Network Wealth Advisors LLC2,977$165.2K0.18%+131+4.6%Added
Arcadia Investment Management Corp3,000$166.5K0.03%−2,000−40.0%Reduced
Alpine Bank Wealth Management3,000$166.5K0.02%−996−24.9%Reduced
Future Financial Wealth Managment LLC3,000$166.5K0.10%+2,000+200.0%Added
Hollencrest Capital Management3,027$168.0K0.01%−1,278−29.7%Reduced
Aventura Private Wealth, LLC3,074$170.6K0.06%+1,399+83.5%Added
Evelyn Partners Investment Management LLP3,141$174.3K0.00%00.0%Unchanged
Parvin Asset Management, LLC3,215$178.4K0.16%+50+1.6%Added
NBC Securities, Inc.3,230$179.2K0.01%−4,247−56.8%Reduced
Hilltop National Bank3,276$181.8K0.04%−10.0%Reduced
Harel Insurance Investments & Financial Services Ltd.3,370$187.0K0.00%−9,027−72.8%Reduced
Larson Financial Group LLC3,392$188.2K0.01%−1,187−25.9%Reduced
Parkside Financial Bank & Trust3,405$188.9K0.01%+538+18.8%Added
MSA Advisors, LLC3,500$194.2K0.05%00.0%Unchanged
Tiemann Investment Advisors, LLC3,500$194.2K0.07%00.0%Unchanged
WNY Asset Management, LLC3,527$195.7K0.02%+3,527New
Byrne Asset Management LLC–$199.9K0.12%––
Cypress Asset Management Inc3,625$201.2K0.05%−13,628−79.0%Reduced
Gries Financial LLC3,626$201.2K0.03%00.0%Unchanged
Chiron Capital Management, LLC3,628$201.3K0.17%+3,628New
Capital Investment Counsel, Inc3,630$201.4K0.02%−970−21.1%Reduced
Castle Rock Wealth Management, LLC3,445$201.9K0.04%+3,445New
Harbor Investment Advisory, LLC3,653$202.7K0.02%+220+6.4%Added
Badgley Phelps Wealth Managers, LLC3,683$204.4K0.00%−470−11.3%Reduced
Capstone Investment Advisors, LLC3,685$204.5K0.00%−146,315−97.5%Reduced
EverSource Wealth Advisors, LLC3,695$205.1K0.01%−1,196−24.5%Reduced
Rosenberg Matthew Hamilton3,716$206.2K0.04%00.0%Unchanged
Aprio Wealth Management, LLC3,716$206.2K0.02%+766+26.0%Added
SeaBridge Investment Advisors LLC3,735$207.3K0.03%+200+5.7%Added