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, Q4 2025
Institutional positions in Novo Nordisk A S as of Dec 31, 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
- 1,421
- +51 vs. Q3 2025
- Shares held
- 314.7M
- +14.5M (+4.8%) vs. Q3 2025
- Total value
- $16.0B
- −$655.4M (−3.9%) vs. Q3 2025
- New holders
- 234
- 445 more added
- Sold out
- 183
- 569 more reduced
31 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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, Q4 2025
Shares, value and share of portfolio for each institution holding Novo Nordisk A S; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Penobscot Investment Management Company, Inc. | 24,005 | $1.22M | 0.09% | −425−1.7% | Reduced |
| Schroder Investment Management Group | 24,048 | $1.23M | 0.00% | +327+1.4% | Added |
| Icon Wealth Advisors, LLC | 24,527 | $1.24M | 0.08% | −13,826−36.0% | Reduced |
| CIBC Asset Management Inc | 24,487 | $1.25M | 0.00% | −9,539−28.0% | Reduced |
| Union Bancaire Privee, UBP SA | 28,590 | $1.25M | 0.02% | +350+1.2% | Added |
| Trivant Custom Portfolio Group, LLC | 24,604 | $1.25M | 0.72% | +608+2.5% | Added |
| Runnymede Capital Advisors, Inc. | 24,604 | $1.25M | 0.72% | +24,604 | New |
| Sit Investment Associates Inc | 24,650 | $1.25M | 0.02% | 00.0% | Unchanged |
| Freestone Capital Holdings, LLC | 24,924 | $1.27M | 0.04% | −32,133−56.3% | Reduced |
| GSB Wealth Management, LLC | 24,944 | $1.27M | 0.29% | −148−0.6% | Reduced |
| Private Wealth Partners, LLC | 24,950 | $1.27M | 0.09% | +3,312+15.3% | Added |
| Resources Investment Advisors, LLC. | 24,984 | $1.27M | 0.01% | −4,189−14.4% | Reduced |
| DKRT Investments Corp. | 25,000 | $1.27M | 0.36% | 00.0% | Unchanged |
| Guardcap Asset Management Ltd | 25,221 | $1.28M | 0.03% | −114−0.4% | Reduced |
| Alliance Wealth Advisors, LLC | 25,278 | $1.29M | 0.28% | −8,170−24.4% | Reduced |
| Chilton Investment Co LLC | 25,397 | $1.29M | 0.03% | +25,397 | New |
| Perfromance Wealth Partners, LLC | 25,409 | $1.29M | 0.04% | −1,898−7.0% | Reduced |
| Forefront Wealth Management Inc. | 25,451 | $1.29M | 0.93% | +25,451 | New |
| SBI Securities Co., Ltd. | 25,499 | $1.30M | 0.03% | +615+2.5% | Added |
| Bangor Savings Bank | 25,516 | $1.30M | 0.10% | −2,455−8.8% | Reduced |
| Catalytic Wealth RIA, LLC | 25,533 | $1.30M | 0.05% | +5,266+26.0% | Added |
| Toroso Investments, LLC | 25,587 | $1.30M | 0.01% | −29,227−53.3% | Reduced |
| Limestone Investment Advisors LP | 25,777 | $1.31M | 0.89% | −12,016−31.8% | Reduced |
| Trust Co of Vermont | 25,899 | $1.32M | 0.06% | +288+1.1% | Added |
| Qtron Investments LLC | 26,006 | $1.32M | 0.17% | −1,663−6.0% | Reduced |
| Teewinot Capital Advisers, L.L.C. | 26,125 | $1.33M | 0.10% | 00.0% | Unchanged |
| Roberts Glore & Co Inc | 26,148 | $1.33M | 0.35% | −668−2.5% | Reduced |
| FORA Capital, LLC | 19,726 | $1.35M | 0.16% | −2,611−11.7% | Reduced |
| Abacus Wealth Partners, LLC | 26,665 | $1.36M | 0.13% | +26,665 | New |
| Virtu Financial LLC | 26,795 | $1.36M | 0.05% | −7,517−21.9% | Reduced |
| IFP Advisors, Inc | 26,917 | $1.37M | 0.03% | +13,208+96.3% | Added |
| Harrington Investments, INC | 26,919 | $1.37M | 0.69% | +1,165+4.5% | Added |
| Chicago Partners Investment Group LLC | 22,072 | $1.37M | 0.03% | +1,686+8.3% | Added |
| Burney Co | 27,010 | $1.37M | 0.04% | +27,010 | New |
| Union Heritage Capital, LLC | 27,073 | $1.38M | 0.47% | −10,455−27.9% | Reduced |
| Fortune Financial Advisors, LLC | 27,127 | $1.38M | 0.93% | −2,434−8.2% | Reduced |
| Bamco Inc | 27,426 | $1.40M | 0.00% | +5,985+27.9% | Added |
| Advisory Resource Group | 27,523 | $1.40M | 0.25% | +5,007+22.2% | Added |
| Ballentine Partners, LLC | 27,892 | $1.42M | 0.02% | −907−3.1% | Reduced |
| Lockheed Martin Investment Management Co | 27,950 | $1.42M | 0.05% | 00.0% | Unchanged |
| Forum Financial Management, LP | 28,571 | $1.45M | 0.02% | −23−0.1% | Reduced |
| Grace & White Inc | 29,000 | $1.48M | 0.26% | 00.0% | Unchanged |
| Regions Financial Corp | 29,003 | $1.48M | 0.01% | +9,150+46.1% | Added |
| Lowe Brockenbrough & Co Inc | 29,016 | $1.48M | 0.07% | −1,609−5.3% | Reduced |
| Strive Financial Group ,LLC | 29,188 | $1.49M | 0.79% | +29,188 | New |
| Aureus Asset Management, LLC | 29,304 | $1.49M | 0.09% | −433−1.5% | Reduced |
| Karani Asset Management LLC | 29,340 | $1.49M | 1.31% | −7,669−20.7% | Reduced |
| Ingalls & Snyder LLC | 29,478 | $1.50M | 0.06% | −17,246−36.9% | Reduced |
| MMBG Investment Advisors Co. | 29,755 | $1.51M | 0.13% | −1,877−5.9% | Reduced |
| Mattern Capital Management, LLC | 29,800 | $1.52M | 0.18% | +10,019+50.6% | Added |
| Stephens Inc | 29,946 | $1.52M | 0.02% | +4,818+19.2% | Added |
| HB Wealth Management, LLC | 29,959 | $1.52M | 0.01% | −2,595−8.0% | Reduced |
| Frank, Rimerman Advisors LLC | 30,069 | $1.53M | 0.10% | +8,403+38.8% | Added |
| HighPoint Advisor Group LLC | 30,079 | $1.53M | 0.03% | +10,165+51.0% | Added |
| Clean Yield Group | 30,141 | $1.53M | 0.43% | 00.0% | Unchanged |
| Atomi Financial Group, Inc. | 30,337 | $1.54M | 0.05% | +2,294+8.2% | Added |
| Kestra Private Wealth Services, LLC | 30,342 | $1.54M | 0.02% | +8,795+40.8% | Added |
| Exencial Wealth Advisors, LLC | 30,626 | $1.56M | 0.05% | +4,721+18.2% | Added |
| Pinnacle Financial Partners, Inc. | 30,883 | $1.57M | 0.01% | +30,883 | New |
| Global X Japan Co., Ltd. | 30,893 | $1.57M | 0.12% | +10,091+48.5% | Added |
| DGS Capital Management, LLC | 31,281 | $1.59M | 0.27% | +1,939+6.6% | Added |
| Voleon Capital Management LP | 31,433 | $1.60M | 0.03% | +31,433 | New |
| Commons Capital, LLC | 31,500 | $1.60M | 1.13% | +1,500+5.0% | Added |
| Kavar Capital Partners Group, LLC | 31,509 | $1.60M | 0.22% | −1,122−3.4% | Reduced |
| Channing Global Advisors, LLC | 31,526 | $1.60M | 1.03% | +7,650+32.0% | Added |
| Cox Capital Mgt LLC | 26,900 | $1.60M | 1.00% | +1,768+7.0% | Added |
| Acumen Wealth Advisors, LLC | 31,601 | $1.61M | 0.46% | +31,601 | New |
| Allspring Global Investments Holdings, LLC | 30,744 | $1.61M | 0.00% | −56,238−64.7% | Reduced |
| Marshall Financial Group LLC | 31,689 | $1.61M | 0.31% | +27,782+711.1% | Added |
| Manhattan West Asset Management, LLC | 31,811 | $1.62M | 0.33% | −8,558−21.2% | Reduced |
| Y-Intercept (Hong Kong) Ltd | 31,886 | $1.62M | 0.04% | +10,641+50.1% | Added |
| Naviter Wealth, LLC | 32,131 | $1.63M | 0.21% | −12,419−27.9% | Reduced |
| Flow Traders U.S. LLC | 32,196 | $1.64M | 0.05% | −8,925−21.7% | Reduced |
| Guggenheim Capital LLC | 32,285 | $1.64M | 0.01% | +2,892+9.8% | Added |
| Sepio Capital, LP | 32,508 | $1.65M | 0.09% | −1,079−3.2% | Reduced |
| Potomac Fund Management Inc | 32,510 | $1.65M | 0.06% | +13,033+66.9% | Added |
| Naples Global Advisors, LLC | 32,672 | $1.66M | 0.12% | +7,345+29.0% | Added |
| Connor, Clark & Lunn Investment Management Ltd. | 32,921 | $1.68M | 0.00% | −2,337−6.6% | Reduced |
| Longitude (Cayman) Ltd. | 33,000 | $1.68M | 1.45% | +33,000 | New |
| J.W. Cole Advisors, Inc. | 34,691 | $1.68M | 0.04% | +17,653+103.6% | Added |
| Principal Securities, Inc. | 33,265 | $1.69M | 0.03% | +646+2.0% | Added |
| Savvy Advisors, Inc. | 33,327 | $1.70M | 0.05% | −15,497−31.7% | Reduced |
| Venturi Wealth Management, LLC | 33,373 | $1.70M | 0.08% | +1,265+3.9% | Added |
| Global Retirement Partners, LLC | 33,703 | $1.71M | 0.03% | +19,863+143.5% | Added |
| Augustine Asset Management Inc | 33,848 | $1.72M | 0.34% | −784−2.3% | Reduced |
| Benjamin Edwards Inc | 33,901 | $1.72M | 0.02% | +4,547+15.5% | Added |
| Cresset Asset Management, LLC | 33,936 | $1.73M | 0.01% | +1,622+5.0% | Added |
| Allen Wealth Management, LLC | 34,151 | $1.74M | 1.05% | +3,246+10.5% | Added |
| Romano Brothers and Company | 34,236 | $1.74M | 0.20% | +29,978+704.0% | Added |
| Advisors Asset Management, Inc. | 34,255 | $1.74M | 0.03% | −8,880−20.6% | Reduced |
| Dorsey & Whitney Trust CO LLC | 34,369 | $1.75M | 0.09% | +5,500+19.1% | Added |
| Greenleaf Trust | 34,504 | $1.76M | 0.02% | +473+1.4% | Added |
| Voya Investment Management LLC | 34,940 | $1.78M | 0.00% | +5,645+19.3% | Added |
| Lighthouse Investment Partners, LLC | 35,000 | $1.78M | 0.06% | +35,000 | New |
| JCIC Asset Management Inc. | 35,014 | $1.78M | 0.54% | −1,085−3.0% | Reduced |
| Woodmont Investment Counsel LLC | 35,064 | $1.78M | 0.11% | −1,459−4.0% | Reduced |
| Vise Technologies, Inc. | 35,214 | $1.79M | 0.04% | +8,485+31.7% | Added |
| Benedict Financial Advisors Inc | 35,527 | $1.81M | 0.38% | −237−0.7% | Reduced |
| A. D. Beadell Investment Counsel, Inc. | 35,833 | $1.82M | 1.18% | +1,605+4.7% | Added |
| Burkett Asset Management Ltd | 35,835 | $1.82M | 1.84% | +35,835 | New |