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 | 1,866 | $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, 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 |
|---|---|---|---|---|---|
| Impact Investors, Inc | 0 | $0 | 0.00% | −6,100−100.0% | Sold out |
| GK Wealth Management LLC | 0 | $0 | 0.00% | −6,086−100.0% | Sold out |
| Pines Wealth Management, LLC | 0 | $0 | 0.00% | −5,906−100.0% | Sold out |
| Empower Advisory Group, LLC | 0 | $0 | 0.00% | −5,817−100.0% | Sold out |
| Puzo Michael J | 0 | $0 | 0.00% | −5,775−100.0% | Sold out |
| Persistent Asset Partners Ltd | 0 | $0 | 0.00% | −5,759−100.0% | Sold out |
| Hourglass Capital, LLC | 0 | $0 | 0.00% | −5,700−100.0% | Sold out |
| Twin Tree Management, LP | 0 | $0 | 0.00% | −5,626−100.0% | Sold out |
| Fortress Financial Solutions, LLC | 0 | $0 | 0.00% | −5,600−100.0% | Sold out |
| Sustainable Growth Advisers, LP | 0 | $0 | 0.00% | −5,573−100.0% | Sold out |
| Chemung Canal Trust Co | 0 | $0 | 0.00% | −5,540−100.0% | Sold out |
| Herold Advisors, Inc. | 0 | $0 | 0.00% | −5,500−100.0% | Sold out |
| Adapt Wealth Advisors, LLC | 0 | $0 | 0.00% | −5,485−100.0% | Sold out |
| Elm3 Financial Group, LLC | 0 | $0 | 0.00% | −5,414−100.0% | Sold out |
| Capital Management Associates, Inc | 0 | $0 | 0.00% | −5,410−100.0% | Sold out |
| Birchcreek Wealth Management, LLC | 0 | $0 | 0.00% | −5,355−100.0% | Sold out |
| Seven Mile Advisory | 0 | $0 | 0.00% | −5,245−100.0% | Sold out |
| Terril Brothers, Inc. | 0 | $0 | 0.00% | −5,245−100.0% | Sold out |
| Arlington Financial Advisors, LLC | 0 | $0 | 0.00% | −5,152−100.0% | Sold out |
| Klingman & Associates, LLC | 0 | $0 | 0.00% | −5,147−100.0% | Sold out |
| Gryphon Financial Partners LLC | 0 | $0 | 0.00% | −5,142−100.0% | Sold out |
| Cynosure Management, LLC | 0 | $0 | 0.00% | −5,094−100.0% | Sold out |
| Wealth Alliance | 0 | $0 | 0.00% | −5,074−100.0% | Sold out |
| Accuvest Global Advisors | 0 | $0 | 0.00% | −5,043−100.0% | Sold out |
| Stegent Equity Advisors, Inc. | 0 | $0 | 0.00% | −4,975−100.0% | Sold out |
| Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors | 0 | $0 | 0.00% | −4,970−100.0% | Sold out |
| Wilkinson Global Asset Management LLC | 0 | $0 | 0.00% | −4,870−100.0% | Sold out |
| Baker Chad R | 0 | $0 | 0.00% | −4,815−100.0% | Sold out |
| Symphony Financial Services, Inc. | 0 | $0 | 0.00% | −4,788−100.0% | Sold out |
| Almanack Investment Partners, LLC. | 0 | $0 | 0.00% | −4,696−100.0% | Sold out |
| Ruggaard & Associates LLC | 0 | $0 | 0.00% | −4,688−100.0% | Sold out |
| Avestar Capital, LLC | 0 | $0 | 0.00% | −4,557−100.0% | Sold out |
| Robertson Stephens Wealth Management, LLC | 0 | $0 | 0.00% | −4,520−100.0% | Sold out |
| AMG National Trust Bank | 0 | $0 | 0.00% | −4,513−100.0% | Sold out |
| Atlas Brown,Inc. | 0 | $0 | 0.00% | −4,499−100.0% | Sold out |
| Wimmer Associates 1, LLC | 0 | $0 | 0.00% | −4,425−100.0% | Sold out |
| FineMark National Bank & Trust | 0 | $0 | 0.00% | −4,339−100.0% | Sold out |
| BIP Wealth, LLC | 0 | $0 | 0.00% | −4,288−100.0% | Sold out |
| Bridgefront Capital, LLC | 0 | $0 | 0.00% | −4,278−100.0% | Sold out |
| Inspirion Wealth Advisors, LLC | 0 | $0 | 0.00% | −1,972−100.0% | Sold out |
| Opal Wealth Advisors, LLC | 0 | $0 | 0.00% | −4,207−100.0% | Sold out |
| Azimuth Capital Investment Management LLC | 0 | $0 | 0.00% | −4,150−100.0% | Sold out |
| Gamco Investors, Inc. Et Al | 0 | $0 | 0.00% | −4,144−100.0% | Sold out |
| Bill Few Associates, Inc. | 0 | $0 | 0.00% | −4,017−100.0% | Sold out |
| Sig Brokerage, LP | 0 | $0 | 0.00% | −3,986−100.0% | Sold out |
| Kuhn & Co Investment Counsel | 0 | $0 | 0.00% | −3,970−100.0% | Sold out |
| Capital Markets Trading UK LLP | 0 | $0 | 0.00% | −3,946−100.0% | Sold out |
| Mitchell Sinkler & Starr | 0 | $0 | 0.00% | −3,935−100.0% | Sold out |
| Elser Financial Planning, Inc | 0 | $0 | 0.00% | −3,714−100.0% | Sold out |
| Atala Financial Inc | 0 | $0 | 0.00% | −3,921−100.0% | Sold out |
| Aegis Wealth Management LLC | 0 | $0 | 0.00% | −3,902−100.0% | Sold out |
| Brave Asset Management Inc | 0 | $0 | 0.00% | −3,896−100.0% | Sold out |
| Canandaigua National Bank & Trust Co | 0 | $0 | 0.00% | −3,891−100.0% | Sold out |
| D'Orazio & Associates, Inc. | 0 | $0 | 0.00% | −3,852−100.0% | Sold out |
| 44 Wealth Management LLC | 0 | $0 | 0.00% | −3,824−100.0% | Sold out |
| Meritage Portfolio Management | 0 | $0 | 0.00% | −3,819−100.0% | Sold out |
| Fidelis Capital Partners, LLC | 0 | $0 | 0.00% | −3,788−100.0% | Sold out |
| Blue Barn Wealth, LLC | 0 | $0 | 0.00% | −3,748−100.0% | Sold out |
| SeaBridge Investment Advisors LLC | 0 | $0 | 0.00% | −3,735−100.0% | Sold out |
| Aprio Wealth Management, LLC | 0 | $0 | 0.00% | −3,716−100.0% | Sold out |
| Badgley Phelps Wealth Managers, LLC | 0 | $0 | 0.00% | −3,683−100.0% | Sold out |
| Castle Rock Wealth Management, LLC | 0 | $0 | 0.00% | −3,445−100.0% | Sold out |
| Capital Investment Counsel, Inc | 0 | $0 | 0.00% | −3,630−100.0% | Sold out |
| Cypress Asset Management Inc | 0 | $0 | 0.00% | −3,625−100.0% | Sold out |
| Tiemann Investment Advisors, LLC | 0 | $0 | 0.00% | −3,500−100.0% | Sold out |
| Harel Insurance Investments & Financial Services Ltd. | 0 | $0 | 0.00% | −3,370−100.0% | Sold out |
| Future Financial Wealth Managment LLC | 0 | $0 | 0.00% | −3,000−100.0% | Sold out |
| Alpine Bank Wealth Management | 0 | $0 | 0.00% | −3,000−100.0% | Sold out |
| Transcend Wealth Collective, LLC | 0 | $0 | 0.00% | −2,851−100.0% | Sold out |
| Arlington Trust Co LLC | 0 | $0 | 0.00% | −2,490−100.0% | Sold out |
| Palisade Asset Management, LLC | 0 | $0 | 0.00% | −1,974−100.0% | Sold out |
| Tower Research Capital LLC (TRC) | 0 | $0 | 0.00% | −1,767−100.0% | Sold out |
| Advisors Preferred, LLC | 0 | $0 | 0.00% | −1,440−100.0% | Sold out |
| Vestor Capital, LLC | 0 | $0 | 0.00% | −1,404−100.0% | Sold out |
| Cloud Capital Management, LLC | 0 | $0 | 0.00% | −1,227−100.0% | Sold out |
| JPL Wealth Management, LLC | 0 | $0 | 0.00% | −1,148−100.0% | Sold out |
| Strengthening Families & Communities, LLC | 0 | $0 | 0.00% | −533−100.0% | Sold out |
| Fortitude Family Office, LLC | 0 | $0 | 0.00% | −612−100.0% | Sold out |
| Financial Life Planners | 0 | $0 | 0.00% | −603−100.0% | Sold out |
| DT Investment Partners, LLC | 0 | $0 | 0.00% | −542−100.0% | Sold out |
| Tortoise Investment Management, LLC | 0 | $0 | 0.00% | −527−100.0% | Sold out |
| Grey Fox Wealth Advisors, LLC | 0 | $0 | 0.00% | −428−100.0% | Sold out |
| Ameritas Investment Partners, Inc. | 0 | $0 | 0.00% | −422−100.0% | Sold out |
| CNB Bank | 0 | $0 | 0.00% | −250−100.0% | Sold out |
| North Capital, Inc. | 0 | $0 | 0.00% | −243−100.0% | Sold out |
| Measured Wealth Private Client Group, LLC | 0 | $0 | 0.00% | −210−100.0% | Sold out |
| Davidson Capital Management Inc. | 0 | $0 | 0.00% | −190−100.0% | Sold out |
| United Community Bank | 0 | $0 | 0.00% | −154−100.0% | Sold out |
| Groupe la Francaise | 0 | $0 | 0.00% | −949−100.0% | Sold out |
| Game Plan Financial Advisors, LLC | 0 | $0 | 0.00% | −100−100.0% | Sold out |
| Operose Advisors LLC | 0 | $0 | 0.00% | −100−100.0% | Sold out |
| JDM Financial Group LLC | 0 | $0 | 0.00% | −95−100.0% | Sold out |
| Hopwood Financial Services, Inc. | 0 | $0 | 0.00% | −78−100.0% | Sold out |
| Essential Partners LLC | 0 | $0 | 0.00% | −67−100.0% | Sold out |
| Clayton Financial Group LLC | 0 | $0 | 0.00% | −50−100.0% | Sold out |
| Crowley Wealth Management, Inc. | 0 | $0 | 0.00% | −50−100.0% | Sold out |
| Alexis Investment Partners, LLC | 0 | $0 | 0.00% | −36−100.0% | Sold out |
| Clear Investment Research, LLC | 0 | $0 | 0.00% | −29−100.0% | Sold out |
| Navigoe, LLC | 0 | $0 | 0.00% | −32−100.0% | Sold out |
| Contravisory Investment Management, Inc. | 0 | $0 | 0.00% | −10−100.0% | Sold out |