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 |
|---|---|---|---|---|---|
| RMB Capital Management, LLC | 9,274 | $514.6K | 0.01% | −1,779−16.1% | Reduced |
| Atlantic Trust, LLC | 9,271 | $514.5K | 0.09% | −1,438−13.4% | Reduced |
| NTV Asset Management LLC | 9,252 | $513.4K | 0.06% | +46+0.5% | Added |
| Raub Brock Capital Management LP | 9,240 | $512.7K | 0.11% | 00.0% | Unchanged |
| S.A. Mason LLC | 9,228 | $512.1K | 0.23% | 00.0% | Unchanged |
| New Vernon Investment Management LLC | 9,100 | $505.0K | 0.47% | +9,100 | New |
| Integrity Alliance, LLC. | 9,023 | $500.7K | 0.02% | −9,033−50.0% | Reduced |
| Principal Street Partners, LLC | 8,979 | $498.2K | 0.08% | −16,804−65.2% | Reduced |
| Quotient Wealth Partners, LLC | 8,914 | $494.6K | 0.01% | −666−7.0% | Reduced |
| AE Wealth Management LLC | 8,886 | $493.1K | 0.00% | +3,186+55.9% | Added |
| Riverbend Wealth Management, LLC | 8,884 | $493.0K | 0.34% | +433+5.1% | Added |
| Five Oceans Advisors | 8,860 | $491.6K | 0.18% | −6,902−43.8% | Reduced |
| Profund Advisors LLC | 8,843 | $490.7K | 0.02% | −2,169−19.7% | Reduced |
| Agate Pass Investment Management, LLC | 8,819 | $489.4K | 0.19% | +550+6.7% | Added |
| Cohen Capital Management, Inc. | 8,812 | $489.0K | 0.08% | 00.0% | Unchanged |
| National Asset Management, Inc. | 8,802 | $488.4K | 0.02% | −649−6.9% | Reduced |
| Cullinan Associates Inc | 8,675 | $481.4K | 0.03% | 00.0% | Unchanged |
| Argonautica Private Wealth Management, Inc | 8,671 | $481.2K | 0.14% | +559+6.9% | Added |
| AlTi Global, Inc. | 8,653 | $480.2K | 0.01% | −1,995−18.7% | Reduced |
| TBH Global Asset Management, LLC | 8,586 | $476.4K | 0.09% | +926+12.1% | Added |
| Gerber Kawasaki Wealth & Investment Management | 8,585 | $476.4K | 0.02% | −4,809−35.9% | Reduced |
| Capital International Sarl | 8,563 | $475.2K | 0.01% | −35,881−80.7% | Reduced |
| Guyasuta Investment Advisors Inc | 8,537 | $473.7K | 0.03% | −1,149−11.9% | Reduced |
| 1776 Wealth LLC | 8,522 | $472.9K | 0.18% | +8,522 | New |
| Grandfield & Dodd, LLC | 8,507 | $472.1K | 0.03% | 00.0% | Unchanged |
| May Hill Capital, LLC | 8,404 | $466.3K | 0.14% | −279−3.2% | Reduced |
| Creekmur Asset Management LLC | 8,359 | $463.8K | 0.08% | −4,320−34.1% | Reduced |
| PAX Financial Group, LLC | 8,342 | $462.9K | 0.08% | +1,114+15.4% | Added |
| Midwest Trust Co | 8,256 | $458.1K | 0.01% | −424−4.9% | Reduced |
| Griffin Asset Management, Inc. | 8,242 | $457.3K | 0.05% | +242+3.0% | Added |
| Armstrong Henry H Associates Inc | 8,208 | $455.5K | 0.04% | −225−2.7% | Reduced |
| KFG Wealth Management, LLC | 8,205 | $455.3K | 0.07% | +438+5.6% | Added |
| Wiser Advisor Group LLC | 8,194 | $454.7K | 0.57% | +8,194 | New |
| Wallace Advisory Group, LLC | 6,520 | $450.0K | 0.36% | −1,625−20.0% | Reduced |
| Harbour Investments, Inc. | 8,091 | $449.0K | 0.01% | −46−0.6% | Reduced |
| Fulton Bank, N.A. | 8,081 | $448.4K | 0.02% | +4,972+159.9% | Added |
| Modern Wealth Management, LLC | 8,072 | $447.9K | 0.01% | +1,298+19.2% | Added |
| Buckingham Strategic Partners | 9,281 | $446.7K | 0.01% | +1,963+26.8% | Added |
| GAMMA Investing LLC | 8,020 | $445.0K | 0.02% | −1,103−12.1% | Reduced |
| HBW Advisory Services LLC | 8,019 | $445.0K | 0.05% | +4,576+132.9% | Added |
| Koshinski Asset Management, Inc. | 8,008 | $444.3K | 0.03% | −8,710−52.1% | Reduced |
| Laraway Financial Inc | 8,006 | $444.3K | 0.30% | +600+8.1% | Added |
| Security Financial Services, INC. | 8,005 | $444.2K | 0.07% | +1,790+28.8% | Added |
| Keel Point, LLC | 7,966 | $442.0K | 0.03% | −2,712−25.4% | Reduced |
| GW Henssler & Associates Ltd | 7,959 | $441.6K | 0.02% | 00.0% | Unchanged |
| Abel Hall, LLC | 7,929 | $440.0K | 0.18% | +1,724+27.8% | Added |
| Diversify Advisory Services, LLC | 8,922 | $438.2K | 0.01% | −95−1.1% | Reduced |
| Dynasty Wealth Management, LLC | 7,887 | $437.6K | 0.01% | +7,887 | New |
| WP Advisors, LLC | 7,817 | $433.8K | 0.11% | +7,817 | New |
| Signature Estate & Investment Advisors LLC | 7,813 | $433.5K | 0.01% | −189−2.4% | Reduced |
| Advisors Capital Management, LLC | 7,781 | $431.8K | 0.01% | +174+2.3% | Added |
| InTrack Investment Management Inc | 7,754 | $430.3K | 0.26% | +1,023+15.2% | Added |
| Kathmere Capital Management, LLC | 7,662 | $425.2K | 0.03% | −1,337−14.9% | Reduced |
| King Luther Capital Management Corp | 7,646 | $424.3K | 0.00% | −7,297−48.8% | Reduced |
| Resonant Capital Advisors, LLC | 7,584 | $420.8K | 0.02% | −523−6.5% | Reduced |
| MJP Associates Inc | 7,541 | $418.5K | 0.06% | +2,270+43.1% | Added |
| Philadelphia Trust Co | 7,500 | $416.0K | 0.03% | 00.0% | Unchanged |
| First Manhattan Co | 7,490 | $415.6K | 0.00% | +190+2.6% | Added |
| Schwarz Dygos Wheeler Investment Advisors LLC | 7,489 | $415.6K | 0.09% | −972−11.5% | Reduced |
| Calamos Wealth Management LLC | 7,482 | $415.2K | 0.02% | +415+5.9% | Added |
| Annis Gardner Whiting Capital Advisors, LLC | 7,480 | $415.1K | 0.09% | +5,850+358.9% | Added |
| Sage Mountain Advisors LLC | 7,394 | $410.3K | 0.02% | +1,858+33.6% | Added |
| Platform Technology Partners | 7,378 | $409.4K | 0.10% | −182−2.4% | Reduced |
| Wynn Capital, LLC | 7,366 | $408.7K | 0.20% | 00.0% | Unchanged |
| LifeSteps Financial, Inc. | 7,315 | $405.9K | 0.26% | −25−0.3% | Reduced |
| Bridges Investment Management Inc | 7,304 | $405.3K | 0.01% | +4+0.1% | Added |
| Sierra Ocean, LLC | 7,223 | $400.8K | 0.34% | +749+11.6% | Added |
| 49 Wealth Management, LLC | 7,204 | $399.8K | 0.04% | +7,204 | New |
| Manchester Capital Management LLC | 7,185 | $398.7K | 0.05% | +1,637+29.5% | Added |
| One Capital Management, LLC | 7,168 | $397.8K | 0.01% | −205−2.8% | Reduced |
| Waldron Private Wealth LLC | 7,157 | $397.1K | 0.02% | +7,157 | New |
| Valley National Advisers Inc | 7,170 | $397.0K | 0.06% | −395−5.2% | Reduced |
| NWF Advisory Services Inc. | 7,137 | $396.0K | 0.04% | −681−8.7% | Reduced |
| Summit Global Investments | 7,115 | $395.0K | 0.02% | +4,022+130.0% | Added |
| Guardian Wealth Advisors, LLC | 7,118 | $395.0K | 0.03% | +1,700+31.4% | Added |
| Hardy Reed LLC | 7,087 | $393.3K | 0.03% | −1,445−16.9% | Reduced |
| Fermata Advisors, LLC | 7,050 | $391.2K | 0.10% | +7,050 | New |
| Versant Capital Management, Inc | 7,039 | $390.6K | 0.05% | −1,135−13.9% | Reduced |
| ORG Wealth Partners, LLC | 7,025 | $389.8K | 0.08% | +6,800+3,022.2% | Added |
| Southland Equity Partners LLC | 7,023 | $389.7K | 0.08% | +448+6.8% | Added |
| Corient IA LLC | 7,000 | $388.4K | 0.29% | −1,400−16.7% | Reduced |
| Penserra Capital Management LLC | 6,892 | $382.0K | 0.00% | +2,144+45.2% | Added |
| Bristlecone Advisors, LLC | 6,875 | $381.5K | 0.03% | −8,385−54.9% | Reduced |
| XTX Topco Ltd | 6,875 | $381.5K | 0.02% | +731+11.9% | Added |
| Empirical Financial Services, LLC d.b.a. Empirical Wealth Management | 6,861 | $380.7K | 0.01% | +101+1.5% | Added |
| Heritage Family Offices, LLP | 6,853 | $380.3K | 0.18% | −115−1.7% | Reduced |
| Rock Point Advisors, LLC | 6,850 | $380.1K | 0.10% | 00.0% | Unchanged |
| Traveka Wealth, LLC | 6,786 | $376.6K | 0.17% | −815−10.7% | Reduced |
| TD Private Client Wealth LLC | 6,720 | $372.9K | 0.01% | +4,140+160.5% | Added |
| Peoples Financial Services Corp. | 6,691 | $371.3K | 0.17% | −775−10.4% | Reduced |
| BridgePort Financial Solutions, LLC | 6,684 | $370.9K | 0.10% | −4,899−42.3% | Reduced |
| Mayflower Financial Advisors, LLC | 6,659 | $369.5K | 0.05% | −795−10.7% | Reduced |
| Viawealth, LLC | 6,636 | $368.2K | 0.20% | −4,320−39.4% | Reduced |
| Ironsides Asset Advisors, LLC | 6,623 | $367.5K | 0.09% | +6,623 | New |
| Cooper Financial Group | 6,618 | $367.2K | 0.04% | +6,618 | New |
| Strategic Wealth Designers | 6,584 | $365.3K | 0.03% | +66+1.0% | Added |
| Marco Investment Management LLC | 6,550 | $363.5K | 0.03% | −152−2.3% | Reduced |
| Jim Saulnier & Associates, LLC | 6,544 | $363.1K | 0.20% | 00.0% | Unchanged |
| Diversified Enterprises, LLC | 6,516 | $361.6K | 0.02% | −2,191−25.2% | Reduced |
| Canopy Partners, LLC | 6,506 | $361.0K | 0.12% | +20.0% | Added |