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 |
|---|---|---|---|---|---|
| Ssa Swiss Advisors AG | 59,901 | $3.33M | 1.55% | 00.0% | Unchanged |
| Vestmark Advisory Solutions, Inc. | 59,896 | $3.32M | 0.06% | +7,948+15.3% | Added |
| B&L Asset Management LLC | 59,844 | $3.32M | 1.70% | −920−1.5% | Reduced |
| Eastover Investment Advisors LLC | 59,811 | $3.32M | 1.44% | +59,811 | New |
| Factory Mutual Insurance Co | 59,614 | $3.31M | 0.03% | +59,614 | New |
| CMT Capital Markets Trading GmbH | 59,289 | $3.29M | 1.37% | +9,137+18.2% | Added |
| Prime Capital Investment Advisors, LLC | 58,601 | $3.25M | 0.04% | −14,618−20.0% | Reduced |
| Money Concepts Capital Corp | 58,564 | $3.25M | 0.20% | +2,781+5.0% | Added |
| Americana Partners, LLC | 58,343 | $3.24M | 0.10% | +1,053+1.8% | Added |
| Allen Capital Group, LLC | 58,284 | $3.23M | 0.31% | +58,284 | New |
| Marathon Capital Management | 57,475 | $3.19M | 0.73% | +57,475 | New |
| Hantz Financial Services, Inc. | 57,426 | $3.19M | 0.05% | −22,116−27.8% | Reduced |
| Capital Advisory Group Advisory Services, LLC | 57,406 | $3.19M | 0.99% | +57,406 | New |
| Rhumbline Advisers | 57,382 | $3.18M | 0.00% | −8,174−12.5% | Reduced |
| Crossmark Global Holdings, Inc. | 57,365 | $3.18M | 0.05% | +5,771+11.2% | Added |
| Quantbot Technologies LP | 57,150 | $3.17M | 0.09% | +57,150 | New |
| Freestone Capital Holdings, LLC | 57,057 | $3.17M | 0.10% | +32,953+136.7% | Added |
| Keybank National Association | 57,017 | $3.16M | 0.01% | −1,307−2.2% | Reduced |
| Bessemer Group Inc | 56,933 | $3.16M | 0.00% | −2,053−3.5% | Reduced |
| Bennett Selby Investments LP | 55,696 | $3.09M | 1.02% | +4,465+8.7% | Added |
| Meridian Investment Counsel Inc. | 55,492 | $3.08M | 0.76% | +3,105+5.9% | Added |
| Loudon Investment Management, LLC | 55,381 | $3.07M | 1.61% | +17,710+47.0% | Added |
| AXA Investment Managers S.A. | 55,339 | $3.07M | 0.01% | +55,339 | New |
| Brown, Lisle/Cummings, Inc. | 54,883 | $3.05M | 0.78% | −1,171−2.1% | Reduced |
| Toroso Investments, LLC | 54,814 | $3.04M | 0.01% | +35,467+183.3% | Added |
| Apollon Wealth Management, LLC | 54,737 | $3.04M | 0.05% | +8,159+17.5% | Added |
| Concurrent Investment Advisors, LLC | 54,730 | $3.04M | 0.05% | −4,711−7.9% | Reduced |
| RFG Advisory, LLC | 53,968 | $2.99M | 0.06% | +1,567+3.0% | Added |
| Eukles Asset Management | 52,933 | $2.94M | 1.14% | −782−1.5% | Reduced |
| Centiva Capital, LP | 52,298 | $2.90M | 0.27% | +52,298 | New |
| Geo Capital Gestora de Recursos Ltd | 51,611 | $2.86M | 5.25% | −2,233−4.1% | Reduced |
| Banque Pictet & Cie SA | 51,506 | $2.86M | 0.03% | −289−0.6% | Reduced |
| Wilson & Boucher Capital Management, LLC | 51,153 | $2.84M | 1.87% | −2,185−4.1% | Reduced |
| Empowered Funds, LLC | 51,040 | $2.83M | 0.03% | −23,043−31.1% | Reduced |
| Pinnacle Associates Ltd | 51,022 | $2.83M | 0.04% | +14,660+40.3% | Added |
| Cardinal Capital Management | 50,628 | $2.81M | 0.39% | +1,052+2.1% | Added |
| CAPROCK Group, Inc. | 49,305 | $2.78M | 0.07% | +49,305 | New |
| J. Goldman & Co LP | 50,000 | $2.77M | 0.10% | +50,000 | New |
| Truffle Hound Capital, LLC | 50,000 | $2.77M | 1.74% | +50,000 | New |
| Resolute Capital Asset Partners LLC | 50,000 | $2.77M | 1.45% | +50,000 | New |
| Longfellow Investment Management Co LLC | 49,800 | $2.76M | 0.66% | +21,543+76.2% | Added |
| Portside Wealth Group, LLC | 49,415 | $2.74M | 0.38% | +7,677+18.4% | Added |
| Country Club Bank | 49,360 | $2.74M | 0.16% | +22,394+83.0% | Added |
| Iams Wealth Management, LLC | 49,278 | $2.73M | 1.10% | +12,617+34.4% | Added |
| Capital Research Global Investors | 49,226 | $2.73M | 0.00% | −13,403−21.4% | Reduced |
| Henry James International Management, Inc. | 49,210 | $2.73M | 0.84% | 00.0% | Unchanged |
| Equitable Holdings, Inc. | 48,938 | $2.72M | 0.02% | −792−1.6% | Reduced |
| Savvy Advisors, Inc. | 48,824 | $2.71M | 0.12% | +22,138+83.0% | Added |
| Perigon Wealth Management, LLC | 48,375 | $2.68M | 0.05% | +36,761+316.5% | Added |
| Summit Wealth Group LLC | 29,458 | $2.68M | 0.37% | +29,458 | New |
| Equitable Trust Co | 48,103 | $2.67M | 0.12% | −982−2.0% | Reduced |
| Autumn Glory Partners, LLC | 48,082 | $2.67M | 1.10% | +8,228+20.6% | Added |
| Bradley Foster & Sargent Inc | 48,015 | $2.66M | 0.04% | −7,975−14.2% | Reduced |
| Ieq Capital, LLC | 47,922 | $2.66M | 0.01% | +14,516+43.5% | Added |
| South State Corp. | 47,814 | $2.65M | 0.12% | −2,800−5.5% | Reduced |
| Matauro, LLC | 47,076 | $2.61M | 0.42% | +15,739+50.2% | Added |
| Auxano Advisors, LLC | 46,840 | $2.60M | 0.55% | +5,578+13.5% | Added |
| Umb Bank N A | 46,830 | $2.60M | 0.04% | +6,241+15.4% | Added |
| Mission Creek Capital Partners, Inc. | 46,810 | $2.60M | 0.51% | +41,012+707.3% | Added |
| Ingalls & Snyder LLC | 46,724 | $2.59M | 0.09% | −3,957−7.8% | Reduced |
| Vident Advisory, LLC | 46,623 | $2.59M | 0.03% | −3,137−6.3% | Reduced |
| Hara Capital LLC | 46,417 | $2.58M | 1.52% | +46,417 | New |
| Sentinel Trust Co Lba | 46,238 | $2.57M | 0.26% | +2,066+4.7% | Added |
| Jarislowsky, Fraser Ltd | 46,215 | $2.56M | 0.01% | −25,625−35.7% | Reduced |
| Beverly Hills Private Wealth, LLC | 45,901 | $2.55M | 0.45% | +1,019+2.3% | Added |
| Parallel Advisors, LLC | 45,860 | $2.54M | 0.05% | +1,125+2.5% | Added |
| Compagnie Lombard Odier SCmA | 45,835 | $2.54M | 0.03% | −5,250−10.3% | Reduced |
| Mutual Advisors, LLC | 47,590 | $2.53M | 0.06% | +2,272+5.0% | Added |
| Stokes Family Office, LLC | 45,547 | $2.53M | 0.24% | +7,326+19.2% | Added |
| Coldstream Capital Management Inc | 45,173 | $2.51M | 0.03% | −13,372−22.8% | Reduced |
| Norman Fields, Gottscho Capital Management, LLC | 45,137 | $2.50M | 0.80% | +1,200+2.7% | Added |
| Tevis Investment Management | 44,700 | $2.48M | 1.49% | +4,838+12.1% | Added |
| ICW Investment Advisors LLC | 44,575 | $2.47M | 0.90% | +2,349+5.6% | Added |
| Naviter Wealth, LLC | 44,550 | $2.47M | 0.29% | −15,184−25.4% | Reduced |
| Capital Insight Partners, LLC | 44,357 | $2.46M | 0.41% | −6,248−12.3% | Reduced |
| Balyasny Asset Management LLC | 43,980 | $2.44M | 0.00% | −1,490,771−97.1% | Reduced |
| MAI Capital Management | 43,260 | $2.40M | 0.02% | −4,251−8.9% | Reduced |
| Advisors Asset Management, Inc. | 43,135 | $2.39M | 0.04% | −13,960−24.5% | Reduced |
| North Star Asset Management Inc | 42,649 | $2.37M | 0.10% | +1,185+2.9% | Added |
| Lynx Capital Group Ltd | 42,609 | $2.36M | 1.10% | +539+1.3% | Added |
| Hussman Strategic Advisors, Inc. | 42,000 | $2.33M | 0.50% | −10,500−20.0% | Reduced |
| Destination Wealth Management | 41,840 | $2.32M | 0.06% | −3,210−7.1% | Reduced |
| First Trust Advisors LP | 41,595 | $2.31M | 0.00% | −19,903−32.4% | Reduced |
| Envestnet Portfolio Solutions, Inc. | 41,485 | $2.30M | 0.01% | −9,385−18.4% | Reduced |
| Fifth Third Bancorp | 41,182 | $2.29M | 0.01% | −2,079−4.8% | Reduced |
| Flow Traders U.S. LLC | 41,121 | $2.28M | 0.09% | +34,654+535.9% | Added |
| Skopos Labs, Inc. | 33,252 | $2.28M | 0.31% | −177−0.5% | Reduced |
| Zevin Asset Management LLC | 41,017 | $2.28M | 0.33% | −34,723−45.8% | Reduced |
| Bartlett & Co. Wealth Management LLC | 41,016 | $2.28M | 0.03% | −1,904−4.4% | Reduced |
| Rathbone Brothers plc | 40,868 | $2.27M | 0.01% | −1,180−2.8% | Reduced |
| Ravenswood Partners LP | 40,604 | $2.25M | 0.71% | +40,604 | New |
| Verity Asset Management, Inc. | 40,496 | $2.25M | 0.73% | +40,496 | New |
| Manhattan West Asset Management, LLC | 40,369 | $2.24M | 0.47% | +11,278+38.8% | Added |
| D.A. Davidson & Co. | 40,234 | $2.23M | 0.01% | −184−0.5% | Reduced |
| Sterling Capital Management LLC | 40,108 | $2.23M | 0.03% | +4,146+11.5% | Added |
| Roundview Capital LLC | 39,180 | $2.17M | 0.14% | −12,337−23.9% | Reduced |
| Sofos Investments, Inc. | 38,888 | $2.16M | 0.43% | +38,888 | New |
| Yousif Capital Management, LLC | 38,849 | $2.16M | 0.02% | 00.0% | Unchanged |
| Nicollet Investment Management, Inc. | 38,713 | $2.15M | 0.70% | −1,125−2.8% | Reduced |
| Aurora Investment Counsel | 38,679 | $2.15M | 1.12% | +9,419+32.2% | Added |