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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: 1,745 institutionsQ2 2024: 1,866 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 20241,866$47.9B
Q1 20241,745$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
Ridgewood Investments LLC9,346$518.6K0.22%+2,719+41.0%Added
Ascent Group, LLC9,417$522.6K0.02%−6,253−39.9%Reduced
Patrick M Sweeney & Associates, Inc9,455$524.7K0.34%00.0%Unchanged
Summit Trail Advisors, LLC9,459$524.9K0.01%−436−4.4%Reduced
Cozad Asset Management Inc9,476$525.8K0.04%−803−7.8%Reduced
Summit Financial Wealth Advisors, LLC8,933$528.6K0.08%+35+0.4%Added
Spinnaker Trust9,540$529.4K0.03%+40+0.4%Added
Wolverine Trading, LLC9,629$534.4K0.01%−55,416−85.2%Reduced
Miracle Mile Advisors, LLC9,663$536.2K0.01%+2,406+33.2%Added
Flagship Harbor Advisors, LLC9,687$537.5K0.02%−1,446−13.0%Reduced
Souders Financial Advisors9,697$538.1K0.06%−3,650−27.3%Reduced
Bridgewater Advisors Inc.11,596$539.3K0.04%−964−7.7%Reduced
Western Wealth Management, LLC9,864$547.3K0.03%+4,619+88.1%Added
Rakuten Securities, Inc.9,895$549.1K0.20%+4,725+91.4%Added
Klingenstein Fields & Co LP9,920$550.5K0.02%−35−0.4%Reduced
Summit Financial, LLC9,926$550.8K0.01%−1,119−10.1%Reduced
Argent Trust Co9,974$553.5K0.02%−833−7.7%Reduced
Mirabaud & Cie SA10,000$554.9K0.18%+2,500+33.3%Added
Hancock Whitney Corp10,063$558.4K0.01%−1,320−11.6%Reduced
Canal Capital Management, LLC10,068$558.7K0.08%−2,649−20.8%Reduced
Burford Brothers, Inc.10,081$559.4K0.24%−745−6.9%Reduced
Essex Savings Bank10,163$563.9K0.13%−572−5.3%Reduced
Ashton Thomas Securities, LLC10,233$567.8K0.08%+1,766+20.9%Added
WFA of San Diego, LLC10,305$571.8K0.39%00.0%Unchanged
Cairn Investment Group, Inc.10,328$573.0K0.28%00.0%Unchanged
Mesirow Financial Investment Management, Inc.10,454$580.2K0.01%+111+1.1%Added
Forza Wealth Management, LLC10,466$580.8K0.22%−1,500−12.5%Reduced
Kidder Stephen W10,545$585.1K0.17%−18,760−64.0%Reduced
DecisionMap Wealth Management, LLC10,682$592.8K0.38%+2,264+26.9%Added
Aviance Capital Partners, LLC10,688$593.1K0.07%−34,681−76.4%Reduced
Samalin Investment Counsel, LLC10,707$594.2K0.20%+3,728+53.4%Added
Capital Investment Advisory Services, LLC10,853$602.2K0.05%+281+2.7%Added
Alexander Labrunerie & Co., Inc.10,874$603.4K0.22%−342−3.0%Reduced
Advisor OS, LLC10,883$603.9K0.05%+1,885+20.9%Added
Axxcess Wealth Management, LLC10,976$609.1K0.01%−18,864−63.2%Reduced
Fortis Group Advisors, LLC12,433$615.0K0.11%+12,433New
Walled Lake Planning & Wealth Management, LLC11,085$615.1K0.20%−26,807−70.7%Reduced
Tiaa Trust, National Association11,141$618.2K0.00%−216,234−95.1%Reduced
Sage Rhino Capital LLC11,173$620.0K0.12%−459−3.9%Reduced
DMG Group, LLC11,189$620.9K0.43%+853+8.3%Added
First Pacific Financial11,191$621.0K0.09%+360+3.3%Added
Sowell Financial Services LLC11,201$621.6K0.02%−5,846−34.3%Reduced
Jamison Private Wealth Management, Inc.11,248$624.2K0.08%+11,248New
Journey Beyond Wealth, LLC11,320$628.1K0.52%+11,320New
Baader Bank INC12,298$629.5K0.05%+4,298+53.7%Added
NorthCrest Asset Manangement, LLC10,670$629.7K0.02%+137+1.3%Added
DRW Securities, LLC11,363$630.9K0.03%−41,968−78.7%Reduced
Financial Perspectives, Inc11,379$631.4K0.18%+123+1.1%Added
HBK Sorce Advisory LLC11,164$633.3K0.02%+313+2.9%Added
Syon Capital LLC11,435$634.5K0.03%−10,069−46.8%Reduced
Wedmont Private Capital10,756$634.8K0.02%−535−4.7%Reduced
Fairfield Financial Advisors, LTD11,449$635.3K0.21%−18,909−62.3%Reduced
Peddock Capital Advisors, LLC11,498$638.0K0.14%−1,197−9.4%Reduced
Vienna Asset Management LLC11,515$639.0K0.38%+6,215+117.3%Added
Savant Capital, LLC11,591$643.2K0.00%−355−3.0%Reduced
PDS Planning, Inc11,737$651.3K0.05%−1,806−13.3%Reduced
Balentine LLC11,766$652.9K0.02%−187−1.6%Reduced
Bryn Mawr Trust Co11,779$653.6K0.02%−7,116−37.7%Reduced
Lighthouse Financial LLC11,821$655.9K0.43%−4,680−28.4%Reduced
Confluence Investment Management LLC11,824$656.1K0.01%+448+3.9%Added
Fortis Capital Management LLC11,850$657.5K0.09%−42,870−78.3%Reduced
Gradient Investments LLC11,872$658.8K0.01%−1,018−7.9%Reduced
Balboa Wealth Partners11,913$661.1K0.11%+218+1.9%Added
Kingswood Wealth Advisors, LLC11,944$662.8K0.04%+7,741+184.2%Added
Spears Abacus Advisors LLC11,947$662.9K0.01%−27,102−69.4%Reduced
Aptus Capital Advisors, LLC11,952$663.2K0.01%+1,892+18.8%Added
Boothbay Fund Management, LLC11,979$664.7K0.02%−1,798−13.1%Reduced
Black Maple Capital Management LP11,999$665.8K0.48%+11,999New
Boston Trust Walden Corp12,036$667.9K0.00%00.0%Unchanged
Motco12,079$670.3K0.06%+1,414+13.3%Added
Evoke Wealth, LLC12,089$670.8K0.01%+4,221+53.6%Added
Mezzasalma Advisors, LLC12,126$672.9K0.17%−2,113−14.8%Reduced
Clarius Group, LLC12,138$673.5K0.04%−2,832−18.9%Reduced
Tritonpoint Wealth, LLC12,151$674.3K0.06%−805−6.2%Reduced
Old National Bancorp12,154$674.4K0.01%+5,251+76.1%Added
Quintet Private Bank (Europe) S.A.12,165$675.0K0.04%+4,852+66.3%Added
Carson Advisory Inc.12,173$675.5K0.36%+7,675+170.6%Added
Farringdon Capital, Ltd.12,196$676.8K0.17%+12,196New
Private Trust Co NA12,204$677.2K0.06%−9,744−44.4%Reduced
Connable Office Inc12,209$677.5K0.06%00.0%Unchanged
International Assets Investment Management, LLC9,705$677.6K0.05%+100+1.0%Added
Hazlett, Burt & Watson, Inc.12,292$684.0K0.24%+463+3.9%Added
Giverny Capital Inc.SuperinvestorGiverny Capital12,400$688.1K0.02%00.0%Unchanged
Mystic Asset Management, Inc.12,450$690.9K0.16%+25+0.2%Added
Retirement Planning Co of New England, Inc.12,484$692.7K0.28%+1,423+12.9%Added
Intellectus Partners, LLC12,592$698.7K0.14%+1,711+15.7%Added
Meridian Wealth Management, LLC12,669$703.0K0.03%−2,063−14.0%Reduced
Gallacher Capital Management LLC12,822$711.5K0.28%+6,270+95.7%Added
Precision Wealth Strategies, LLC12,824$711.6K0.23%−407−3.1%Reduced
Anchor Investment Management, LLC12,847$712.9K0.06%00.0%Unchanged
Schnieders Capital Management, LLC.12,916$716.7K0.13%+12,916New
180 Wealth Advisors, LLC12,949$718.5K0.09%+7,457+135.8%Added
Geneos Wealth Management Inc.12,956$718.9K0.02%−4,859−27.3%Reduced
Doliver Advisors, LP12,961$719.2K0.19%+3,049+30.8%Added
Clal Insurance Enterprises Holdings Ltd13,000$721.0K0.01%00.0%Unchanged
Gordian Capital Singapore Pte Ltd13,000$721.4K0.98%+6,500+100.0%Added
Warren Averett Asset Management, LLC13,010$721.9K0.01%+865+7.1%Added
TCG Advisory Services, LLC13,074$725.5K0.03%−5,498−29.6%Reduced
Principle Wealth Partners LLC13,135$728.8K0.04%+5,540+72.9%Added
Great Valley Advisor Group, Inc.13,192$731.9K0.01%−5,201−28.3%Reduced