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