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 | 1,867 | $47.9B |
| Q1 2024 | 1,746 | $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 |
|---|---|---|---|---|---|
| Stegent Equity Advisors, Inc. | 4,975 | $276.1K | 0.22% | −268−5.1% | Reduced |
| Accretive Wealth Partners, LLC | 5,045 | $279.9K | 0.09% | 00.0% | Unchanged |
| Accuvest Global Advisors | 5,043 | $280.0K | 0.17% | −1,741−25.7% | Reduced |
| BNC Wealth Management, LLC | 5,058 | $280.7K | 0.07% | −1,748−25.7% | Reduced |
| Williams Jones Wealth Management, LLC. | 5,072 | $281.4K | 0.00% | +567+12.6% | Added |
| Wealth Alliance | 5,074 | $281.5K | 0.03% | −10,770−68.0% | Reduced |
| Sittner & Nelson, LLC | 5,075 | $281.6K | 0.10% | +10+0.2% | Added |
| Cynosure Management, LLC | 5,094 | $282.7K | 0.03% | 00.0% | Unchanged |
| FDx Advisors, Inc. | 5,719 | $283.0K | 0.08% | −771−11.9% | Reduced |
| True North Advisors, LLC | 5,106 | $283.3K | 0.04% | −626−10.9% | Reduced |
| Tucker Asset Management LLC | 5,133 | $284.8K | 0.09% | −3,563−41.0% | Reduced |
| Gryphon Financial Partners LLC | 5,142 | $285.3K | 0.03% | −61−1.2% | Reduced |
| RIA Advisory Group LLC | 5,143 | $285.4K | 0.07% | +1,312+34.2% | Added |
| Klingman & Associates, LLC | 5,147 | $285.6K | 0.01% | −908−15.0% | Reduced |
| WJ Financial Advisors LLC | 5,149 | $285.7K | 0.28% | +5,149 | New |
| Legacy Capital Wealth Partners, LLC | 5,151 | $285.8K | 0.06% | −1,023−16.6% | Reduced |
| Arlington Financial Advisors, LLC | 5,152 | $285.9K | 0.04% | +5,152 | New |
| a16z Perennial Management, L.P. | 5,176 | $287.2K | 0.02% | +5,176 | New |
| Asio Capital, LLC | 5,186 | $287.8K | 0.04% | 00.0% | Unchanged |
| Optas, LLC | 5,221 | $289.7K | 0.05% | +28+0.5% | Added |
| Colonial Trust Advisors | 5,222 | $289.7K | 0.02% | +1,935+58.9% | Added |
| Independence Bank of Kentucky | 5,235 | $290.5K | 0.04% | −60−1.1% | Reduced |
| Terril Brothers, Inc. | 5,245 | $291.0K | 0.09% | +5,245 | New |
| Seven Mile Advisory | 5,245 | $291.0K | 0.05% | −1,374−20.8% | Reduced |
| Hanson & Doremus Investment Management | 5,286 | $293.0K | 0.04% | +210+4.1% | Added |
| Pure Financial Advisors, Inc. | 5,281 | $293.0K | 0.00% | +1,780+50.8% | Added |
| Kingsview Wealth Management, LLC | 5,282 | $293.1K | 0.00% | +16+0.3% | Added |
| SeaCrest Wealth Management, LLC | 4,922 | $293.4K | 0.03% | −1,860−27.4% | Reduced |
| Essex Financial Services, Inc. | 5,289 | $293.5K | 0.02% | −2,763−34.3% | Reduced |
| Elm Partners Management LLC | 5,330 | $293.6K | 0.01% | +5,330 | New |
| Samjo Management, LLC | 5,300 | $294.1K | 0.11% | 00.0% | Unchanged |
| PMV Capital Advisers, LLC | 5,301 | $294.2K | 0.57% | 00.0% | Unchanged |
| Steel Peak Wealth Management LLC | 5,330 | $295.8K | 0.01% | −2,175−29.0% | Reduced |
| Intrust Bank NA | 5,334 | $296.0K | 0.02% | −1,131−17.5% | Reduced |
| NorthRock Partners, LLC | 5,337 | $296.1K | 0.01% | +467+9.6% | Added |
| Birchcreek Wealth Management, LLC | 5,355 | $297.1K | 0.15% | −72−1.3% | Reduced |
| First Affirmative Financial Network | 5,366 | $297.8K | 0.14% | −556−9.4% | Reduced |
| Bank of Stockton | 5,374 | $298.2K | 0.09% | −746−12.2% | Reduced |
| Ocean Capital Management, LLC | 5,379 | $298.5K | 0.06% | +538+11.1% | Added |
| LRI Investments, LLC | 5,390 | $299.1K | 0.02% | −6,248−53.7% | Reduced |
| Howland Capital Management LLC | 5,409 | $300.1K | 0.01% | +1,236+29.6% | Added |
| Capital Management Associates, Inc | 5,410 | $300.2K | 0.08% | 00.0% | Unchanged |
| Elm3 Financial Group, LLC | 5,414 | $300.4K | 0.25% | −4,161−43.5% | Reduced |
| Hudson Portfolio Management LLC | 5,415 | $300.5K | 0.27% | +5,415 | New |
| Mather Group, LLC. | 5,419 | $300.7K | 0.00% | +59+1.1% | Added |
| Jefferies Financial Group Inc. | 5,431 | $301.4K | 0.00% | +3,012+124.5% | Added |
| CoreCap Advisors, LLC | 5,442 | $302.0K | 0.01% | −1,930−26.2% | Reduced |
| Webster Bank, N. A. | 5,460 | $303.0K | 0.03% | −24,246−81.6% | Reduced |
| Adapt Wealth Advisors, LLC | 5,485 | $304.4K | 0.11% | +5,485 | New |
| Herold Advisors, Inc. | 5,500 | $305.2K | 0.07% | −762−12.2% | Reduced |
| Chemung Canal Trust Co | 5,540 | $307.4K | 0.06% | −314−5.4% | Reduced |
| Perkins Coie Trust Co | 5,542 | $307.5K | 0.06% | 00.0% | Unchanged |
| Sustainable Growth Advisers, LP | 5,573 | $309.2K | 0.00% | −6,187,063−99.9% | Reduced |
| Fortress Financial Solutions, LLC | 5,600 | $310.7K | 0.34% | +1,914+51.9% | Added |
| BCJ Capital Management, LLC | 5,617 | $311.7K | 0.02% | +1,340+31.3% | Added |
| Twin Tree Management, LP | 5,626 | $312.2K | 0.01% | −239,522−97.7% | Reduced |
| Sigma Planning Corp | 5,630 | $312.4K | 0.01% | −4,423−44.0% | Reduced |
| Sivia Capital Partners, LLC | 5,631 | $312.5K | 0.09% | −4,689−45.4% | Reduced |
| Kentucky Trust Co | 5,650 | $313.5K | 0.17% | 00.0% | Unchanged |
| Plimoth Trust Co LLC | 5,695 | $316.0K | 0.07% | −205−3.5% | Reduced |
| Hourglass Capital, LLC | 5,700 | $316.3K | 0.07% | −17,430−75.4% | Reduced |
| Red Wave Investments LLC | 5,756 | $319.4K | 0.10% | −200−3.4% | Reduced |
| Persistent Asset Partners Ltd | 5,759 | $319.6K | 0.23% | +5,759 | New |
| Fulcrum Equity Management | 5,770 | $320.2K | 0.32% | +5,770 | New |
| Puzo Michael J | 5,775 | $320.5K | 0.09% | −38,158−86.9% | Reduced |
| Foster Victor Wealth Advisors, LLC | 5,404 | $322.2K | 0.02% | +5,404 | New |
| Empower Advisory Group, LLC | 5,817 | $322.8K | 0.00% | −276−4.5% | Reduced |
| Valmark Advisers, Inc. | 5,852 | $324.7K | 0.00% | +249+4.4% | Added |
| Raab & Moskowitz Asset Management LLC | 5,881 | $326.3K | 0.07% | −1,630−21.7% | Reduced |
| Cromwell Holdings LLC | 5,882 | $326.4K | 0.17% | −1,258−17.6% | Reduced |
| Pines Wealth Management, LLC | 5,906 | $327.7K | 0.11% | −2,058−25.8% | Reduced |
| Mirae Asset Global ETFs Holdings Ltd. | 5,933 | $329.2K | 0.00% | −94,945−94.1% | Reduced |
| Custom Index Systems, LLC | 5,949 | $330.1K | 0.10% | −332−5.3% | Reduced |
| Zuckerman Investment Group, LLC | 5,952 | $330.3K | 0.03% | 00.0% | Unchanged |
| Focus Financial Network, Inc. | 5,964 | $330.9K | 0.01% | +405+7.3% | Added |
| Murphy & Mullick Capital Management Corp | 5,977 | $331.1K | 0.25% | −56−0.9% | Reduced |
| Lockerman Financial Group, Inc. | 5,975 | $331.6K | 0.42% | −81−1.3% | Reduced |
| Defined Wealth Management, LLC | 5,996 | $332.7K | 0.19% | −1,282−17.6% | Reduced |
| AXS Investments LLC | 6,000 | $332.9K | 0.10% | 00.0% | Unchanged |
| Martel Wealth Advisors Inc | 6,000 | $332.9K | 0.06% | 00.0% | Unchanged |
| Sharp Financial Services, LLC | 6,000 | $332.9K | 0.18% | +2,700+81.8% | Added |
| Fifth Third Wealth Advisors LLC | 6,031 | $334.7K | 0.01% | +603+11.1% | Added |
| Monticello Wealth Management, LLC | 6,069 | $336.8K | 0.02% | +45+0.7% | Added |
| GK Wealth Management LLC | 6,086 | $337.7K | 0.25% | +6,086 | New |
| Impact Investors, Inc | 6,100 | $338.5K | 0.22% | −3,227−34.6% | Reduced |
| Armstrong, Fleming & Moore, Inc | 6,112 | $339.2K | 0.16% | +806+15.2% | Added |
| Leavell Investment Management, Inc. | 6,165 | $342.1K | 0.01% | −85−1.4% | Reduced |
| Essex LLC | 6,167 | $342.2K | 0.06% | +973+18.7% | Added |
| Centric Wealth Management | 6,930 | $342.8K | 0.08% | +10+0.1% | Added |
| Ellevest, Inc. | 6,194 | $343.7K | 0.05% | −4,532−42.3% | Reduced |
| Gallagher Capital Advisors, LLC | 7,083 | $344.6K | 0.20% | +190+2.8% | Added |
| Boreal Capital Management LLC | 6,236 | $346.0K | 0.28% | −929−13.0% | Reduced |
| Net Worth Advisory Group | 6,257 | $347.2K | 0.10% | −1,128−15.3% | Reduced |
| Heron Bay Capital Management | 6,266 | $347.7K | 0.06% | +660+11.8% | Added |
| Invst, LLC | 6,300 | $349.6K | 0.04% | +54+0.9% | Added |
| Change Path, LLC | 6,313 | $350.3K | 0.01% | +6,313 | New |
| FSM Wealth Advisors, LLC | 6,435 | $357.1K | 0.05% | +1,462+29.4% | Added |
| Insight Advisors, LLC | 6,452 | $358.0K | 0.05% | +1,873+40.9% | Added |
| First Financial Corp | 6,470 | $359.0K | 0.14% | 00.0% | Unchanged |
| Basso Capital Management, L.P. | 6,500 | $360.7K | 0.24% | +6,500 | New |