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 |
|---|---|---|---|---|---|
| Three Bridge Wealth Advisors, LLC | 35,871 | $1.83M | 0.48% | +3,110+9.5% | Added |
| Beacon Pointe Advisors, LLC | 36,039 | $1.83M | 0.01% | +10,661+42.0% | Added |
| Choate Investment Advisors | 36,221 | $1.84M | 0.04% | −84,348−70.0% | Reduced |
| Garrison Point Advisors, LLC | 36,268 | $1.85M | 0.82% | 00.0% | Unchanged |
| Roundview Capital LLC | 36,404 | $1.85M | 0.11% | −2,776−7.1% | Reduced |
| XTX Topco Ltd | 36,518 | $1.86M | 0.05% | +29,643+431.2% | Added |
| Adviser Investments LLC | 36,710 | $1.87M | 0.02% | −157,221−81.1% | Reduced |
| Norman Fields, Gottscho Capital Management, LLC | 36,937 | $1.88M | 0.61% | −8,200−18.2% | Reduced |
| Boston Family Office LLC | 37,120 | $1.89M | 0.12% | +1,447+4.1% | Added |
| EP Wealth Advisors, LLC | 37,248 | $1.90M | 0.01% | +37,248 | New |
| Rare Wolf Capital LLC | 37,465 | $1.91M | 1.19% | +37,465 | New |
| Patten & Patten Inc | 37,553 | $1.91M | 0.11% | +4,721+14.4% | Added |
| Torrey Growth & Income Advisors | 37,893 | $1.93M | 0.67% | +32,992+673.2% | Added |
| RFG Advisory, LLC | 37,988 | $1.93M | 0.04% | −15,980−29.6% | Reduced |
| Ted Buchan & Co | 38,539 | $1.96M | 0.72% | +11,036+40.1% | Added |
| Independent Advisor Alliance | 38,789 | $1.97M | 0.05% | +844+2.2% | Added |
| Walled Lake Planning & Wealth Management, LLC | 38,985 | $1.98M | 0.63% | +27,900+251.7% | Added |
| Pinnbrook Capital Management LP | 39,141 | $1.99M | 0.51% | +39,141 | New |
| Sequoia Financial Advisors, LLC | 39,408 | $2.01M | 0.01% | +5,991+17.9% | Added |
| Greenline Partners, LLC | 39,476 | $2.01M | 0.23% | +39,476 | New |
| Harbour Trust & Investment Management Co | 39,696 | $2.02M | 0.21% | −61,866−60.9% | Reduced |
| Centaurus Financial, Inc. | 39,747 | $2.02M | 0.09% | +13,181+49.6% | Added |
| State of Wisconsin Investment Board | 40,000 | $2.04M | 0.00% | +40,000 | New |
| Bessemer Group Inc | 40,020 | $2.04M | 0.00% | −16,913−29.7% | Reduced |
| Destination Wealth Management | 40,183 | $2.04M | 0.05% | −1,657−4.0% | Reduced |
| Envestnet Portfolio Solutions, Inc. | 40,429 | $2.06M | 0.01% | −1,056−2.5% | Reduced |
| Bartlett & Co. Wealth Management LLC | 40,911 | $2.08M | 0.03% | −105−0.3% | Reduced |
| North Star Asset Management Inc | 41,046 | $2.09M | 0.08% | −1,603−3.8% | Reduced |
| Brooklands Fund Management Ltd | 35,470 | $2.11M | 1.13% | +35,470 | New |
| Stratos Wealth Partners, LTD. | 41,591 | $2.12M | 0.02% | +5,064+13.9% | Added |
| Vident Advisory, LLC | 41,663 | $2.12M | 0.02% | −4,960−10.6% | Reduced |
| Ravenswood Partners LP | 41,825 | $2.13M | 0.71% | +1,221+3.0% | Added |
| Lynx Capital Group Ltd | 42,096 | $2.14M | 0.98% | −513−1.2% | Reduced |
| Cantor Fitzgerald Investment Adviser L.P. | 42,100 | $2.14M | 0.16% | +18,775+80.5% | Added |
| Fifth Third Bancorp | 42,160 | $2.15M | 0.01% | +978+2.4% | Added |
| MAI Capital Management | 42,696 | $2.17M | 0.01% | −564−1.3% | Reduced |
| Coldstream Capital Management Inc | 42,697 | $2.17M | 0.03% | −2,476−5.5% | Reduced |
| Beverly Hills Private Wealth, LLC | 42,981 | $2.19M | 0.37% | −2,920−6.4% | Reduced |
| Merit Financial Group, LLC | 43,039 | $2.19M | 0.02% | +22,844+113.1% | Added |
| Parallel Advisors, LLC | 43,718 | $2.22M | 0.04% | −2,142−4.7% | Reduced |
| Sterling Capital Management LLC | 43,772 | $2.23M | 0.04% | +3,664+9.1% | Added |
| CAPROCK Group, Inc. | 44,097 | $2.24M | 0.05% | −5,208−10.6% | Reduced |
| Equitable Holdings, Inc. | 44,289 | $2.25M | 0.02% | −4,649−9.5% | Reduced |
| ICW Investment Advisors LLC | 44,340 | $2.26M | 0.82% | −235−0.5% | Reduced |
| Aurora Investment Counsel | 44,385 | $2.26M | 1.19% | +5,706+14.8% | Added |
| Compagnie Lombard Odier SCmA | 45,160 | $2.30M | 0.02% | −675−1.5% | Reduced |
| Coppell Advisory Solutions LLC | 44,997 | $2.30M | 0.23% | +8,530+23.4% | Added |
| Cardinal Capital Management | 45,310 | $2.31M | 0.31% | −5,318−10.5% | Reduced |
| Park Avenue Securities LLC | 45,335 | $2.31M | 0.02% | −19,852−30.5% | Reduced |
| Parallax Volatility Advisers, L.P. | 45,426 | $2.31M | 0.07% | +29,709+189.0% | Added |
| D.A. Davidson & Co. | 45,631 | $2.32M | 0.01% | +5,397+13.4% | Added |
| Sofos Investments, Inc. | 46,020 | $2.34M | 0.45% | +7,132+18.3% | Added |
| WealthTrust Axiom LLC | 46,063 | $2.34M | 0.60% | +10,073+28.0% | Added |
| Portside Wealth Group, LLC | 46,237 | $2.35M | 0.32% | −3,178−6.4% | Reduced |
| Sentinel Trust Co Lba | 46,238 | $2.35M | 0.23% | 00.0% | Unchanged |
| Ethic Inc. | 46,270 | $2.35M | 0.04% | −22,884−33.1% | Reduced |
| Blair William & Co | 46,270 | $2.35M | 0.01% | +9,982+27.5% | Added |
| Yousif Capital Management, LLC | 38,849 | $2.36M | 0.03% | 00.0% | Unchanged |
| Meridian Wealth Management, LLC | 46,335 | $2.36M | 0.08% | +33,666+265.7% | Added |
| Capital Research Global Investors | 46,323 | $2.37M | 0.00% | −2,903−5.9% | Reduced |
| Bradley Foster & Sargent Inc | 46,688 | $2.38M | 0.03% | −1,327−2.8% | Reduced |
| South State Corp. | 47,013 | $2.39M | 0.11% | −801−1.7% | Reduced |
| Equitable Trust Co | 47,310 | $2.41M | 0.11% | −793−1.6% | Reduced |
| Rodgers Brothers Inc. | 47,350 | $2.41M | 0.29% | +47,350 | New |
| Sawyer & Company, Inc | 47,573 | $2.42M | 0.86% | −9,120−16.1% | Reduced |
| Wilson & Boucher Capital Management, LLC | 48,038 | $2.44M | 1.61% | −3,115−6.1% | Reduced |
| 1832 Asset Management L.P. | 48,375 | $2.46M | 0.00% | +48,375 | New |
| Mutual Advisors, LLC | 48,523 | $2.47M | 0.05% | +933+2.0% | Added |
| Tevis Investment Management | 44,700 | $2.48M | 1.49% | 00.0% | Unchanged |
| Henry James International Management, Inc. | 49,201 | $2.50M | 0.79% | −90.0% | Reduced |
| BFSG, LLC | 49,290 | $2.51M | 0.24% | −74,674−60.2% | Reduced |
| Longfellow Investment Management Co LLC | 49,800 | $2.53M | 0.57% | 00.0% | Unchanged |
| Auxano Advisors, LLC | 49,904 | $2.54M | 0.50% | +3,064+6.5% | Added |
| Bank of Nova Scotia | 49,967 | $2.54M | 0.00% | +20,793+71.3% | Added |
| Ieq Capital, LLC | 49,990 | $2.54M | 0.01% | +2,068+4.3% | Added |
| Truffle Hound Capital, LLC | 50,000 | $2.54M | 1.49% | 00.0% | Unchanged |
| Loudon Investment Management, LLC | 50,183 | $2.55M | 1.33% | −5,198−9.4% | Reduced |
| Keybank National Association | 50,211 | $2.55M | 0.01% | −6,806−11.9% | Reduced |
| Havemeyer Place LP | 50,223 | $2.56M | 0.50% | +50,223 | New |
| Group One Trading, L.P. | 50,274 | $2.56M | 0.08% | −128,309−71.8% | Reduced |
| Old National Bancorp | 50,785 | $2.58M | 0.04% | +38,631+317.8% | Added |
| Journey Retirement Planning & Investment Management LLC | 50,860 | $2.59M | 0.53% | +50,860 | New |
| Dynamic Advisor Solutions LLC | 52,856 | $2.69M | 0.09% | +21,767+70.0% | Added |
| Eukles Asset Management | 52,933 | $2.69M | 1.05% | 00.0% | Unchanged |
| Advisory Services Network, LLC | 53,385 | $2.72M | 0.04% | −45,465−46.0% | Reduced |
| Autumn Glory Partners, LLC | 53,634 | $2.73M | 0.96% | +5,552+11.5% | Added |
| Campbell & CO Investment Adviser LLC | 53,853 | $2.74M | 0.13% | +33,850+169.2% | Added |
| RKL Wealth Management LLC | 54,311 | $2.76M | 0.23% | −25,192−31.7% | Reduced |
| Motley Fool Wealth Management, LLC | 55,362 | $2.82M | 0.22% | −11,785−17.6% | Reduced |
| Umb Bank N A | 55,552 | $2.83M | 0.04% | +8,722+18.6% | Added |
| Rhumbline Advisers | 56,080 | $2.85M | 0.00% | −1,302−2.3% | Reduced |
| Harbour Investment Management LLC | 56,480 | $2.87M | 1.52% | −18,121−24.3% | Reduced |
| Capital Advisory Group Advisory Services, LLC | 56,916 | $2.90M | 0.85% | −490−0.9% | Reduced |
| Iams Wealth Management, LLC | 56,963 | $2.90M | 1.05% | +7,685+15.6% | Added |
| Allen Capital Group, LLC | 57,464 | $2.92M | 0.27% | −820−1.4% | Reduced |
| Prime Capital Investment Advisors, LLC | 57,540 | $2.93M | 0.04% | −1,061−1.8% | Reduced |
| Bank Hapoalim BM | 57,570 | $2.93M | 0.25% | +24,940+76.4% | Added |
| Bennett Selby Investments LP | 58,427 | $2.97M | 0.96% | +2,731+4.9% | Added |
| Ssa Swiss Advisors AG | 58,536 | $2.98M | 1.39% | −1,365−2.3% | Reduced |
| Ritholtz Wealth Management | 58,739 | $2.99M | 0.05% | −14,443−19.7% | Reduced |