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