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 |
|---|---|---|---|---|---|
| Seed Wealth Management, Inc. | 13,254 | $735.5K | 0.51% | −2,696−16.9% | Reduced |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 13,299 | $737.7K | 0.00% | −59,278−81.7% | Reduced |
| Resources Management Corp | 13,325 | $739.0K | 0.10% | −575−4.1% | Reduced |
| Marks Group Wealth Management, Inc | 13,335 | $740.0K | 0.07% | −3,878−22.5% | Reduced |
| Global Strategic Investment Solutions, LLC | 13,380 | $742.5K | 0.07% | 00.0% | Unchanged |
| LVW Advisors, LLC | 13,608 | $755.1K | 0.08% | −268−1.9% | Reduced |
| Oversea-Chinese Banking CORP Ltd | 13,659 | $759.1K | 0.02% | −3,872−22.1% | Reduced |
| PFG Investments, LLC | 13,693 | $759.8K | 0.04% | −9,268−40.4% | Reduced |
| IFP Advisors, Inc | 13,709 | $760.7K | 0.02% | +2,388+21.1% | Added |
| Global Retirement Partners, LLC | 13,840 | $768.0K | 0.02% | −14,854−51.8% | Reduced |
| Rehmann Capital Advisory Group | 13,888 | $771.4K | 0.04% | +702+5.3% | Added |
| Brighton Jones LLC | 13,976 | $775.6K | 0.02% | −130−0.9% | Reduced |
| Holderness Investments Co | 14,060 | $780.2K | 0.16% | +2,686+23.6% | Added |
| Harrell Investment Partners, LLC | 14,167 | $786.1K | 0.19% | +775+5.8% | Added |
| Golden State Equity Partners | 14,337 | $795.6K | 0.13% | −775−5.1% | Reduced |
| Baker Tilly Wealth Management, LLC | 14,544 | $807.0K | 0.18% | +1,996+15.9% | Added |
| Central Bank & Trust Co | 14,639 | $812.3K | 0.13% | −2,119−12.6% | Reduced |
| Brookwood Investment Group LLC | 14,690 | $815.1K | 0.11% | +14,690 | New |
| Red Door Wealth Management, LLC | 14,694 | $815.4K | 0.09% | +5,186+54.5% | Added |
| Atlantic Union Bankshares Corp | 14,699 | $815.6K | 0.02% | +11,881+421.6% | Added |
| Convergence Financial, LLC | 14,717 | $816.7K | 0.12% | +1,472+11.1% | Added |
| Rothschild Investment LLC | 14,727 | $817.2K | 0.05% | −750−4.8% | Reduced |
| Bailard, Inc. | 14,737 | $817.8K | 0.02% | +828+6.0% | Added |
| Bull Street Advisors, LLC | 14,770 | $820.0K | 0.38% | 00.0% | Unchanged |
| Charter Trust Co | 14,782 | $820.3K | 0.05% | −9,184−38.3% | Reduced |
| Avidian Wealth Solutions, LLC | 14,823 | $822.5K | 0.03% | +2,876+24.1% | Added |
| Elefante Mark B | 14,863 | $824.7K | 0.53% | −1,665−10.1% | Reduced |
| Bond & Devick Financial Network, Inc. | 14,872 | $825.2K | 0.25% | +350+2.4% | Added |
| Mitchell & Pahl Private Wealth, LLC | 14,957 | $830.0K | 0.35% | +1,180+8.6% | Added |
| Comgest Global Investors S.A.S. | 14,961 | $830.2K | 0.01% | −25,801−63.3% | Reduced |
| Great Diamond Partners, LLC | 14,986 | $831.6K | 0.16% | +611+4.3% | Added |
| Busey Wealth Management | 15,053 | $835.3K | 0.02% | −106,586−87.6% | Reduced |
| Independent Financial Group, LLC | 15,074 | $836.5K | 0.02% | −1,375−8.4% | Reduced |
| Princeton Capital Management LLC | 15,076 | $836.6K | 0.22% | −1,917−11.3% | Reduced |
| AAFMAA Wealth Management & Trust LLC | 15,130 | $839.6K | 0.33% | +201+1.3% | Added |
| Ronald Blue Trust, Inc. | 15,134 | $839.8K | 0.01% | −3,446−18.5% | Reduced |
| Beaumont Financial Advisors, LLC | 15,231 | $845.1K | 0.06% | −58−0.4% | Reduced |
| Mount Yale Investment Advisors, LLC | 15,265 | $847.1K | 0.06% | −16,345−51.7% | Reduced |
| Hilltop Holdings Inc. | 15,311 | $849.6K | 0.04% | −15,363−50.1% | Reduced |
| Horizon Kinetics Asset Management LLC | 15,350 | $851.8K | 0.01% | −248−1.6% | Reduced |
| Unified Investment Management | 15,401 | $854.6K | 0.85% | +5,376+53.6% | Added |
| MSH Capital Advisors LLC | 15,423 | $855.8K | 0.23% | +15,423 | New |
| Marotta Asset Management | 14,531 | $859.8K | 0.16% | −110−0.8% | Reduced |
| Stokes Capital Advisors, LLC | 15,660 | $869.0K | 0.20% | −54,069−77.5% | Reduced |
| Activest Wealth Management | 15,695 | $870.9K | 0.18% | +911+6.2% | Added |
| Parallax Volatility Advisers, L.P. | 15,717 | $872.1K | 0.03% | −9,354−37.3% | Reduced |
| Institute for Wealth Management, LLC. | 15,826 | $878.2K | 0.09% | 00.0% | Unchanged |
| Ashton Thomas Private Wealth, LLC | 15,830 | $878.4K | 0.02% | −8,714−35.5% | Reduced |
| Donaldson Capital Management, LLC | 15,976 | $886.5K | 0.03% | −93−0.6% | Reduced |
| Gen-Wealth Partners Inc | 16,019 | $888.9K | 0.30% | +2,768+20.9% | Added |
| Cacti Asset Management LLC | 16,000 | $889.8K | 0.06% | +6,000+60.0% | Added |
| Fairview Capital Investment Management, LLC | 16,070 | $891.7K | 0.05% | 00.0% | Unchanged |
| Gitterman Wealth Management, LLC | 16,113 | $894.1K | 0.20% | −1,000−5.8% | Reduced |
| Family Legacy, Inc. | 16,169 | $897.2K | 0.27% | −236−1.4% | Reduced |
| Highland Capital Management, LLC | 16,200 | $898.9K | 0.04% | −250−1.5% | Reduced |
| Toronto Dominion Bank | 16,209 | $900.3K | 0.00% | −7,478−31.6% | Reduced |
| Aaron Wealth Advisors | 16,231 | $900.7K | 0.05% | −4,084−20.1% | Reduced |
| Demars Financial Group, LLC | 16,339 | $906.7K | 0.31% | +16,339 | New |
| Eisler Capital Management Ltd. | 16,497 | $908.8K | 0.02% | +10,787+188.9% | Added |
| Integrated Advisors Network LLC | 16,394 | $909.7K | 0.04% | +4,119+33.6% | Added |
| Oak Associates, Ltd | 16,394 | $910.0K | 0.06% | +16,394 | New |
| Cravens & Co Advisors, LLC | 16,453 | $913.0K | 0.62% | +7,243+78.6% | Added |
| First Citizens Bank & Trust Co | 16,464 | $913.6K | 0.02% | −940−5.4% | Reduced |
| LOM Asset Management Ltd | 16,490 | $915.0K | 0.28% | +15,425+1,448.4% | Added |
| Mengis Capital Management, Inc. | 16,540 | $917.8K | 0.18% | +16,540 | New |
| Legacy Financial Advisors, Inc. | 16,558 | $918.8K | 0.13% | +16,558 | New |
| Foundations Investment Advisors, LLC | 16,662 | $924.6K | 0.01% | +1,924+13.1% | Added |
| Johnson Investment Counsel Inc | 16,742 | $929.0K | 0.01% | −3,637−17.8% | Reduced |
| GeoWealth Management, LLC | 16,784 | $931.3K | 0.03% | +1,592+10.5% | Added |
| Birch Financial Group, LLC | 16,822 | $933.4K | 0.55% | +1,957+13.2% | Added |
| Procyon Private Wealth Partners, LLC | 16,871 | $936.1K | 0.06% | −1,602−8.7% | Reduced |
| Generali Investments CEE, investicni spolecnost, a.s. | 16,942 | $940.1K | 0.07% | +2,000+13.4% | Added |
| First American Trust, FSB | 17,001 | $943.4K | 0.07% | −1,799−9.6% | Reduced |
| Sagespring Wealth Partners, LLC | 17,034 | $945.2K | 0.02% | −2,142−11.2% | Reduced |
| J.W. Cole Advisors, Inc. | 17,038 | $945.4K | 0.02% | −4,745−21.8% | Reduced |
| Pinnacle Wealth Planning Services, Inc. | 17,160 | $952.2K | 0.11% | −1,630−8.7% | Reduced |
| Huntington National Bank | 17,334 | $961.9K | 0.01% | −526−2.9% | Reduced |
| Roehl & Yi Investment Advisors, LLC | 17,361 | $963.4K | 0.42% | +4,292+32.8% | Added |
| Raelipskie Partnership | 17,520 | $972.2K | 0.42% | −805−4.4% | Reduced |
| Fairfield, Bush & Co. | 17,530 | $972.7K | 0.50% | +321+1.9% | Added |
| Fox Run Management, L.L.C. | 17,673 | $980.7K | 0.15% | +17,673 | New |
| Lakeside Advisors, INC. | 17,850 | $990.5K | 0.63% | −1,000−5.3% | Reduced |
| Banco de Sabadell, S.A | 18,013 | $999.0K | 0.66% | −1,719−8.7% | Reduced |
| Outfitter Financial LLC | 18,060 | $1.00M | 0.81% | +2,230+14.1% | Added |
| Pensionmark Financial Group, LLC | 18,109 | $1.00M | 0.02% | +635+3.6% | Added |
| Belpointe Asset Management LLC | 18,190 | $1.01M | 0.04% | +4,573+33.6% | Added |
| Pacific Point Advisors, LLC | 18,248 | $1.01M | 0.59% | +646+3.7% | Added |
| Two Sigma Securities, LLC | 18,291 | $1.01M | 0.15% | +18,291 | New |
| Smart Money Group LLC | 18,358 | $1.02M | 0.30% | +4,273+30.3% | Added |
| SkyView Investment Advisors, LLC | 18,357 | $1.02M | 0.13% | +424+2.4% | Added |
| Sapient Capital LLC | 18,376 | $1.02M | 0.02% | +262+1.4% | Added |
| Clearstead Advisors, LLC | 18,445 | $1.02M | 0.01% | −386−2.0% | Reduced |
| Human Investing LLC | 18,810 | $1.04M | 0.15% | −1,712−8.3% | Reduced |
| Salem Investment Counselors Inc | 19,028 | $1.06M | 0.03% | −47−0.2% | Reduced |
| Altfest L J & Co Inc | 19,112 | $1.06M | 0.12% | −14,915−43.8% | Reduced |
| Chicago Partners Investment Group LLC | 20,386 | $1.06M | 0.03% | +2,194+12.1% | Added |
| Legacy Capital Group California, Inc. | 19,134 | $1.06M | 0.27% | +8,031+72.3% | Added |
| Guardian Capital LP | 19,213 | $1.07M | 0.03% | −198,452−91.2% | Reduced |
| HCR Wealth Advisors | 18,153 | $1.07M | 0.11% | +240+1.3% | Added |
| Hennion & Walsh Asset Management, Inc. | 19,294 | $1.07M | 0.04% | −273−1.4% | Reduced |