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 |
|---|---|---|---|---|---|
| Crossmark Global Holdings, Inc. | 58,905 | $3.00M | 0.04% | +1,540+2.7% | Added |
| Brown, Lisle/Cummings, Inc. | 59,095 | $3.01M | 0.74% | +4,212+7.7% | Added |
| Factory Mutual Insurance Co | 59,614 | $3.03M | 0.03% | 00.0% | Unchanged |
| FourThought Financial Partners, LLC | 59,691 | $3.04M | 0.26% | −2,856−4.6% | Reduced |
| Wendell David Associates Inc | 59,793 | $3.04M | 0.31% | −6,054−9.2% | Reduced |
| Beutel, Goodman & Co Ltd. | 60,013 | $3.05M | 0.02% | −3,425−5.4% | Reduced |
| Oversea-Chinese Banking CORP Ltd | 59,444 | $3.06M | 0.08% | +45,785+335.2% | Added |
| Snowden Capital Advisors LLC | 60,555 | $3.08M | 0.08% | +22,721+60.1% | Added |
| Apollon Wealth Management, LLC | 60,830 | $3.10M | 0.05% | +6,093+11.1% | Added |
| Peloton Wealth Strategists | 61,180 | $3.11M | 1.21% | +24,300+65.9% | Added |
| Signaturefd, LLC | 61,241 | $3.12M | 0.05% | −4,506−6.9% | Reduced |
| Boston Common Asset Management, LLC | 61,958 | $3.15M | 0.19% | −4,526−6.8% | Reduced |
| CMT Capital Markets Trading GmbH | 62,226 | $3.17M | 2.10% | +2,937+5.0% | Added |
| Meridian Investment Counsel Inc. | 62,252 | $3.17M | 0.76% | +6,760+12.2% | Added |
| Eastover Investment Advisors LLC | 62,453 | $3.18M | 1.40% | +2,642+4.4% | Added |
| Bleakley Financial Group, LLC | 62,543 | $3.18M | 0.06% | +1,221+2.0% | Added |
| B&L Asset Management LLC | 62,759 | $3.19M | 1.44% | +2,915+4.9% | Added |
| Thompson Siegel & Walmsley LLC | 63,246 | $3.22M | 0.05% | −1,846−2.8% | Reduced |
| HRT Financial LP | 63,378 | $3.22M | 0.01% | −177,658−73.7% | Reduced |
| TD Waterhouse Canada Inc. | 63,446 | $3.23M | 0.02% | −6,018−8.7% | Reduced |
| Hohimer Wealth Management, LLC | 63,763 | $3.24M | 0.44% | +35,381+124.7% | Added |
| EagleClaw Capital Managment, LLC | 64,650 | $3.29M | 0.48% | +500+0.8% | Added |
| Atwater Malick LLC | 64,886 | $3.30M | 0.91% | −6,561−9.2% | Reduced |
| Azzad Asset Management Inc | 65,646 | $3.34M | 0.33% | +479+0.7% | Added |
| Hantz Financial Services, Inc. | 66,465 | $3.38M | 0.05% | +9,039+15.7% | Added |
| Mengis Capital Management, Inc. | 66,694 | $3.39M | 0.60% | +50,154+303.2% | Added |
| Perigon Wealth Management, LLC | 67,208 | $3.42M | 0.06% | +18,833+38.9% | Added |
| Avidity Partners Management LP | 67,300 | $3.42M | 0.99% | +67,300 | New |
| BLKBRD Asset Management, LP | 67,544 | $3.44M | 4.62% | −211,470−75.8% | Reduced |
| Guardian Partners Inc. | 74,540 | $3.51M | 0.28% | −59,823−44.5% | Reduced |
| KMG Fiduciary Partners, LLC | 68,937 | $3.51M | 0.25% | −1,112−1.6% | Reduced |
| Lafayette Investments, Inc. | 69,138 | $3.52M | 0.66% | +293+0.4% | Added |
| NewEdge Wealth, LLC | 69,766 | $3.55M | 0.04% | −2,476−3.4% | Reduced |
| Hara Capital LLC | 69,954 | $3.56M | 1.98% | +23,537+50.7% | Added |
| Third View Private Wealth, LLC | 70,075 | $3.57M | 0.48% | +70,075 | New |
| Pinnacle Associates Ltd | 70,491 | $3.59M | 0.05% | +19,469+38.2% | Added |
| Strategic Planning, Inc. | 70,653 | $3.59M | 1.94% | +70,653 | New |
| Americana Partners, LLC | 70,807 | $3.60M | 0.10% | +12,464+21.4% | Added |
| Peapack Gladstone Financial Corp | 73,091 | $3.72M | 0.05% | −25,083−25.5% | Reduced |
| Farther Finance Advisors, LLC | 73,101 | $3.72M | 0.04% | −9,036−11.0% | Reduced |
| Rathbone Brothers plc | 73,138 | $3.72M | 0.01% | +32,270+79.0% | Added |
| Capital Investment Counsel, LLC | 73,253 | $3.73M | 0.52% | +73,253 | New |
| Nilsine Partners, LLC | 73,651 | $3.75M | 0.32% | +97+0.1% | Added |
| Eagle Global Advisors LLC | 73,851 | $3.76M | 0.14% | −3,347−4.3% | Reduced |
| Ipswich Investment Management Co., Inc. | 73,898 | $3.76M | 0.87% | −1,097−1.5% | Reduced |
| Quantitative Investment Management, LLC | 74,969 | $3.81M | 0.37% | −123,730−62.3% | Reduced |
| Sivik Global Healthcare LLC | 75,000 | $3.82M | 1.86% | +75,000 | New |
| Borer Denton & Associates, Inc. | 75,532 | $3.84M | 1.30% | −6,687−8.1% | Reduced |
| Intesa Sanpaolo Wealth Management | 75,600 | $3.85M | 0.80% | +75,600 | New |
| M&T Bank Corp | 76,319 | $3.88M | 0.01% | −2,465−3.1% | Reduced |
| CWA Asset Management Group, LLC | 76,993 | $3.92M | 0.14% | +43,793+131.9% | Added |
| Kanen Wealth Management LLC | 75,500 | $3.96M | 1.23% | +75,500 | New |
| St Germain D J Co Inc | 78,533 | $4.00M | 0.16% | −808−1.0% | Reduced |
| Brookmont Capital Management | 78,859 | $4.01M | 2.32% | +10.0% | Added |
| Arkadios Wealth Advisors | 79,544 | $4.05M | 0.08% | +46,743+142.5% | Added |
| Caption Management, LLC | 80,171 | $4.08M | 0.18% | +80,171 | New |
| Eastern Bank | 82,377 | $4.19M | 0.07% | −8,891−9.7% | Reduced |
| Marathon Capital Management | 82,705 | $4.21M | 0.91% | +25,230+43.9% | Added |
| Teachers Retirement System of the State of Kentucky | 82,740 | $4.21M | 0.03% | +21,800+35.8% | Added |
| Wedbush Securities Inc | 82,964 | $4.22M | 0.12% | −2,730−3.2% | Reduced |
| Marietta Investment Partners LLC | 82,999 | $4.22M | 0.84% | −16,311−16.4% | Reduced |
| Todd Asset Management LLC | 83,329 | $4.24M | 0.08% | +21,957+35.8% | Added |
| GWM Advisors LLC | 86,011 | $4.38M | 0.02% | +2,234+2.7% | Added |
| Lester Murray Antman dba SimplyRich | 86,247 | $4.39M | 1.15% | +1,626+1.9% | Added |
| Banque Pictet & Cie SA | 86,648 | $4.41M | 0.04% | +35,142+68.2% | Added |
| Brinker Capital Investments, LLC | 87,224 | $4.44M | 0.03% | −39,114−31.0% | Reduced |
| Wiley Bros.-Aintree Capital, LLC | 86,172 | $4.47M | 0.02% | +20,200+30.6% | Added |
| Private Advisor Group, LLC | 87,770 | $4.47M | 0.02% | +6,672+8.2% | Added |
| Fortis Group Advisors, LLC | 75,204 | $4.47M | 0.75% | +62,771+504.9% | Added |
| Capital International Inc | 87,935 | $4.47M | 0.04% | −145,643−62.4% | Reduced |
| Korea Investment CORP | 89,531 | $4.56M | 0.01% | +13,391+17.6% | Added |
| Acadian Asset Management LLC | 89,729 | $4.56M | 0.01% | −129,455−59.1% | Reduced |
| Banco Santander, S.A. | 90,564 | $4.61M | 0.03% | +5,997+7.1% | Added |
| Nicholas Company, Inc. | 90,890 | $4.62M | 0.08% | 00.0% | Unchanged |
| XXEC, Inc. | 92,835 | $4.72M | 4.72% | −6,240−6.3% | Reduced |
| New York State Common Retirement Fund | 92,956 | $4.73M | 0.01% | −7,788−7.7% | Reduced |
| Biondo Investment Advisors, LLC | 93,371 | $4.75M | 0.57% | −5,119−5.2% | Reduced |
| Level Four Advisory Services, LLC | 94,126 | $4.79M | 0.16% | −65,681−41.1% | Reduced |
| Quadrant Capital Group LLC | 94,683 | $4.82M | 0.15% | +10,341+12.3% | Added |
| Round Hill Asset Management | 97,660 | $4.97M | 3.13% | +21,935+29.0% | Added |
| Skopos Labs, Inc. | 96,832 | $4.98M | 0.23% | +63,580+191.2% | Added |
| Teamwork Financial Advisors, LLC | 98,666 | $5.02M | 0.53% | +69,120+233.9% | Added |
| Aperture Investors, LLC | 99,121 | $5.04M | 0.70% | 00.0% | Unchanged |
| Grimes & Company, Inc. | 99,620 | $5.07M | 0.12% | −14,132−12.4% | Reduced |
| LMR Partners LLP | 100,000 | $5.09M | 0.05% | +98,594+7,012.4% | Added |
| Laird Norton Trust Company, LLC | 100,155 | $5.10M | 0.11% | +100,155 | New |
| Greenfield Seitz Capital Management, LLC | 100,378 | $5.11M | 1.68% | +3,418+3.5% | Added |
| Concurrent Investment Advisors, LLC | 100,685 | $5.12M | 0.06% | +45,955+84.0% | Added |
| Fiduciary Trust Co | 104,475 | $5.32M | 0.06% | −18,840−15.3% | Reduced |
| Bulltick Wealth Management, LLC | 105,742 | $5.38M | 1.14% | −52,146−33.0% | Reduced |
| Headinvest, LLC | 105,748 | $5.38M | 1.07% | −7,316−6.5% | Reduced |
| IMC-Chicago, LLC | 107,215 | $5.46M | 0.10% | −175,955−62.1% | Reduced |
| Lynch Asset Management, Inc. | 108,350 | $5.51M | 1.73% | −350−0.3% | Reduced |
| Callan Family Office, LLC | 108,904 | $5.54M | 0.12% | +46,383+74.2% | Added |
| Brandywine Financial Group | 110,173 | $5.61M | 12.17% | +110,173 | New |
| QRG Capital Management, Inc. | 110,286 | $5.61M | 0.06% | −19,045−14.7% | Reduced |
| Calamos Advisors LLC | 111,232 | $5.66M | 0.02% | −395−0.4% | Reduced |
| Carolina Wealth Advisors, LLC | 112,847 | $5.74M | 2.56% | −4,126−3.5% | Reduced |
| Brown Advisory Inc | 113,301 | $5.76M | 0.01% | +6,261+5.8% | Added |
| McMillan Office, Inc. | 114,419 | $5.82M | 0.70% | +114,419 | New |