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 |
|---|---|---|---|---|---|
| Brinker Capital Investments, LLC | 126,338 | $7.01M | 0.05% | −133,785−51.4% | Reduced |
| Foresight Group Ltd Liability Partnership | 125,005 | $6.94M | 1.04% | +86+0.1% | Added |
| BFSG, LLC | 123,964 | $6.88M | 0.67% | +6,514+5.5% | Added |
| AQR Capital Management LLC | 123,795 | $6.87M | 0.00% | −1,655−1.3% | Reduced |
| Stamos Capital Partners, L.P. | 123,539 | $6.86M | 1.29% | +39,761+47.5% | Added |
| Fiduciary Trust Co | 123,315 | $6.84M | 0.08% | −19,572−13.7% | Reduced |
| Evelyn Partners Asset Management Ltd | 121,458 | $6.74M | 1.52% | +40,836+50.7% | Added |
| Choate Investment Advisors | 120,569 | $6.69M | 0.14% | −93,217−43.6% | Reduced |
| RSM US Wealth Management LLC | 120,236 | $6.67M | 0.09% | +1,635+1.4% | Added |
| GF Fund Management Co. Ltd. | 120,000 | $6.66M | 0.12% | +120,000 | New |
| Two Sigma Advisers, LP | 119,600 | $6.64M | 0.01% | −1,272,100−91.4% | Reduced |
| Martin Capital Partners, LLC | 117,577 | $6.52M | 2.53% | +41,129+53.8% | Added |
| Carolina Wealth Advisors, LLC | 116,973 | $6.49M | 2.80% | +102,629+715.5% | Added |
| Cullen/Frost Bankers, Inc. | 115,383 | $6.40M | 0.07% | −2,506−2.1% | Reduced |
| Silvercrest Asset Management Group LLC | 114,025 | $6.33M | 0.04% | −99,345−46.6% | Reduced |
| Grimes & Company, Inc. | 113,752 | $6.31M | 0.16% | −11,604−9.3% | Reduced |
| Headinvest, LLC | 113,064 | $6.27M | 1.30% | −3,925−3.4% | Reduced |
| Calamos Advisors LLC | 111,627 | $6.19M | 0.03% | 00.0% | Unchanged |
| SFMG, LLC | 110,360 | $6.12M | 0.42% | +6,945+6.7% | Added |
| Lynch Asset Management, Inc. | 108,700 | $6.03M | 1.93% | 00.0% | Unchanged |
| Kestra Advisory Services, LLC | 108,252 | $6.01M | 0.03% | −18,444−14.6% | Reduced |
| Jain Global LLC | 108,237 | $6.01M | 0.08% | +87,483+421.5% | Added |
| Exchange Traded Concepts, LLC | 107,469 | $5.96M | 0.06% | +19,516+22.2% | Added |
| Loring Wolcott & Coolidge Fiduciary Advisors LLP | 112,021 | $5.96M | 0.05% | −6,219−5.3% | Reduced |
| Brown Advisory Inc | 107,040 | $5.94M | 0.01% | −7,117−6.2% | Reduced |
| Phoenix Holdings Ltd. | 106,546 | $5.91M | 0.07% | +52,168+95.9% | Added |
| Arrow Capital Pty Ltd | 70,000 | $5.87M | 3.15% | +70,000 | New |
| Sphera Funds Management Ltd. | 105,677 | $5.86M | 1.39% | 00.0% | Unchanged |
| Bridger Management, LLC | 103,000 | $5.72M | 3.08% | −1,386−1.3% | Reduced |
| Steward Partners Investment Advisory, LLC | 102,912 | $5.71M | 0.03% | −35,302−25.5% | Reduced |
| Harbour Trust & Investment Management Co | 101,562 | $5.64M | 0.58% | −4,665−4.4% | Reduced |
| New York State Common Retirement Fund | 100,744 | $5.59M | 0.01% | −19,550−16.3% | Reduced |
| Marietta Investment Partners LLC | 99,310 | $5.51M | 1.06% | −22,649−18.6% | Reduced |
| Aperture Investors, LLC | 99,121 | $5.50M | 0.76% | +35,317+55.4% | Added |
| XXEC, Inc. | 99,075 | $5.50M | 4.72% | +20,890+26.7% | Added |
| Advisory Services Network, LLC | 98,850 | $5.49M | 0.08% | +10,642+12.1% | Added |
| Biondo Investment Advisors, LLC | 98,490 | $5.47M | 0.68% | +6,940+7.6% | Added |
| Peapack Gladstone Financial Corp | 98,174 | $5.45M | 0.07% | +22,525+29.8% | Added |
| Greenfield Seitz Capital Management, LLC | 96,960 | $5.38M | 1.73% | +12,948+15.4% | Added |
| Fundamentun, LLC | 96,725 | $5.37M | 0.22% | +7,356+8.2% | Added |
| Victory Capital Management Inc | 95,783 | $5.31M | 0.00% | −1,024,146−91.4% | Reduced |
| Smithbridge Asset Management Inc | 94,479 | $5.24M | 0.76% | +2,845+3.1% | Added |
| Arlington Partners LLC | 93,006 | $5.16M | 1.78% | +26,928+40.8% | Added |
| Allspring Global Investments Holdings, LLC | 86,982 | $5.15M | 0.01% | −7,570−8.0% | Reduced |
| U.S. Capital Wealth Advisors, LLC | 92,695 | $5.14M | 0.14% | +44,707+93.2% | Added |
| Eastern Bank | 91,268 | $5.06M | 0.09% | +1,537+1.7% | Added |
| Nicholas Company, Inc. | 90,890 | $5.04M | 0.09% | +90,890 | New |
| Shorepoint Capital Partners LLC | 87,191 | $4.84M | 0.96% | +87,191 | New |
| Wedbush Securities Inc | 85,694 | $4.75M | 0.16% | −694−0.8% | Reduced |
| Lester Murray Antman dba SimplyRich | 84,621 | $4.70M | 1.27% | −7,782−8.4% | Reduced |
| Banco Santander, S.A. | 84,567 | $4.69M | 0.04% | −63,587−42.9% | Reduced |
| Quadrant Capital Group LLC | 84,342 | $4.68M | 0.15% | −36,116−30.0% | Reduced |
| GWM Advisors LLC | 83,777 | $4.65M | 0.02% | −26,177−23.8% | Reduced |
| Borer Denton & Associates, Inc. | 82,219 | $4.56M | 1.51% | −22,722−21.7% | Reduced |
| Farther Finance Advisors, LLC | 82,137 | $4.56M | 0.07% | −21,001−20.4% | Reduced |
| Private Advisor Group, LLC | 81,098 | $4.50M | 0.02% | −4,800−5.6% | Reduced |
| Wetherby Asset Management Inc | 80,517 | $4.47M | 0.18% | −11,442−12.4% | Reduced |
| RKL Wealth Management LLC | 79,503 | $4.41M | 0.38% | −4,452−5.3% | Reduced |
| St Germain D J Co Inc | 79,341 | $4.40M | 0.18% | −444−0.6% | Reduced |
| Brookmont Capital Management | 78,858 | $4.38M | 2.43% | +21,725+38.0% | Added |
| M&T Bank Corp | 78,784 | $4.37M | 0.01% | −3,854−4.7% | Reduced |
| Hemenway Trust Co LLC | 78,167 | $4.34M | 0.33% | −45,561−36.8% | Reduced |
| Solidarilty Wealth, LLC | 76,918 | $4.29M | 0.92% | +5,483+7.7% | Added |
| Eagle Global Advisors LLC | 77,198 | $4.28M | 0.16% | −28,110−26.7% | Reduced |
| Grantham, Mayo, Van Otterloo & Co. LLC | 76,612 | $4.25M | 0.01% | +15,027+24.4% | Added |
| Wesbanco Bank Inc | 76,520 | $4.25M | 0.12% | −97,165−55.9% | Reduced |
| Korea Investment CORP | 76,140 | $4.23M | 0.01% | +37,748+98.3% | Added |
| Round Hill Asset Management | 75,725 | $4.20M | 2.77% | +18,686+32.8% | Added |
| Ipswich Investment Management Co., Inc. | 74,995 | $4.16M | 0.97% | −170.0% | Reduced |
| Harbour Investment Management LLC | 74,601 | $4.14M | 1.80% | −7,860−9.5% | Reduced |
| TD Waterhouse Canada Inc. | 69,464 | $4.12M | 0.03% | +4,245+6.5% | Added |
| Nilsine Partners, LLC | 73,554 | $4.08M | 0.37% | +637+0.9% | Added |
| Ritholtz Wealth Management | 73,182 | $4.06M | 0.08% | −27,835−27.6% | Reduced |
| Van Hulzen Asset Management, LLC | 71,970 | $3.99M | 0.30% | −300−0.4% | Reduced |
| Atwater Malick LLC | 71,447 | $3.96M | 1.15% | −94,158−56.9% | Reduced |
| Sawyer & Company, Inc | 56,693 | $3.91M | 1.48% | +11,631+25.8% | Added |
| KMG Fiduciary Partners, LLC | 70,049 | $3.89M | 0.26% | +608+0.9% | Added |
| Ethic Inc. | 69,154 | $3.84M | 0.06% | −22,990−25.0% | Reduced |
| Lafayette Investments, Inc. | 68,845 | $3.82M | 0.73% | +21,091+44.2% | Added |
| Bayesian Capital Management, LP | 68,300 | $3.79M | 0.77% | +61,400+889.9% | Added |
| Motley Fool Wealth Management, LLC | 67,147 | $3.73M | 0.25% | −9,471−12.4% | Reduced |
| Boston Common Asset Management, LLC | 66,484 | $3.69M | 0.10% | −17,268−20.6% | Reduced |
| Somerville Kurt F | 66,313 | $3.68M | 0.61% | +15,975+31.7% | Added |
| Wiley Bros.-Aintree Capital, LLC | 65,972 | $3.66M | 0.02% | −34,558−34.4% | Reduced |
| Wendell David Associates Inc | 65,847 | $3.65M | 0.36% | −6,955−9.6% | Reduced |
| Signaturefd, LLC | 65,747 | $3.65M | 0.06% | −10,234−13.5% | Reduced |
| Park Avenue Securities LLC | 65,187 | $3.62M | 0.03% | −20,783−24.2% | Reduced |
| Azzad Asset Management Inc | 65,167 | $3.62M | 0.36% | +1,153+1.8% | Added |
| Thompson Siegel & Walmsley LLC | 65,092 | $3.61M | 0.06% | +65,092 | New |
| Perpetual Ltd | 64,816 | $3.60M | 0.04% | +64,816 | New |
| EagleClaw Capital Managment, LLC | 64,150 | $3.56M | 0.50% | −1,000−1.5% | Reduced |
| Beutel, Goodman & Co Ltd. | 63,438 | $3.52M | 0.02% | −9,080−12.5% | Reduced |
| NewEdge Wealth, LLC | 72,242 | $3.50M | 0.05% | +37,670+109.0% | Added |
| FourThought Financial Partners, LLC | 62,547 | $3.47M | 0.31% | +4,613+8.0% | Added |
| Callan Family Office, LLC | 62,521 | $3.47M | 0.11% | −46,071−42.4% | Reduced |
| Todd Asset Management LLC | 61,372 | $3.41M | 0.07% | +3,632+6.3% | Added |
| Bleakley Financial Group, LLC | 61,322 | $3.40M | 0.08% | −4,759−7.2% | Reduced |
| Alpine Fox Capital LLC | 61,000 | $3.38M | 2.85% | +61,000 | New |
| Teachers Retirement System of the State of Kentucky | 60,940 | $3.38M | 0.03% | +3,200+5.5% | Added |
| Bard Financial Services, Inc. | 60,275 | $3.34M | 0.37% | −9,695−13.9% | Reduced |