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 |
|---|---|---|---|---|---|
| Tripletail Wealth Management, LLC | 169 | $8.60K | 0.01% | −27−13.8% | Reduced |
| Tacita Capital Inc | 169 | $8.60K | 0.00% | 00.0% | Unchanged |
| Adkins Seale Capital Management LLC | 174 | $8.85K | 0.01% | +174 | New |
| Retirement Wealth Solutions LLC | 176 | $8.96K | 0.01% | −30−14.6% | Reduced |
| Capital Analysts, LLC | 181 | $9.00K | 0.00% | −73−28.7% | Reduced |
| Sachetta, LLC | 178 | $9.06K | 0.00% | 00.0% | Unchanged |
| Cornerstone Financial Management LLC | 181 | $9.21K | 0.01% | +181 | New |
| Bravera Wealth | 183 | $9.31K | 0.00% | +183 | New |
| Alerus Financial NA | 186 | $9.46K | 0.00% | −185−49.9% | Reduced |
| YANKCOM Partnership | 190 | $9.67K | 0.00% | 00.0% | Unchanged |
| SOA Wealth Advisors, LLC. | 197 | $10.0K | 0.00% | 00.0% | Unchanged |
| Graney & King, LLC | 200 | $10.2K | 0.01% | −415−67.5% | Reduced |
| McIlrath & Eck, LLC | 200 | $10.2K | 0.00% | 00.0% | Unchanged |
| Founders Capital Management | 200 | $10.2K | 0.01% | +200 | New |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 199 | $10.2K | 0.00% | −13,100−98.5% | Reduced |
| Archer Investment Corp | 204 | $10.4K | 0.00% | 00.0% | Unchanged |
| TD Capital Management LLC | 212 | $10.8K | 0.00% | −582−73.3% | Reduced |
| Mark Sheptoff Financial Planning, LLC | 213 | $10.8K | 0.01% | +200+1,538.5% | Added |
| Nemes Rush Group LLC | 218 | $11.1K | 0.00% | +55+33.7% | Added |
| Marshall & Sterling Wealth Advisors Inc. | 218 | $11.1K | 0.01% | +47+27.5% | Added |
| Caldwell Trust Co | 220 | $11.2K | 0.00% | −1,447−86.8% | Reduced |
| Caldwell Sutter Capital, Inc. | 222 | $11.3K | 0.00% | −90−28.8% | Reduced |
| MJT & Associates Financial Advisory Group, Inc. | 224 | $11.4K | 0.01% | 00.0% | Unchanged |
| Hartford Financial Management Inc. | 228 | $11.6K | 0.00% | −90−28.3% | Reduced |
| CVA Family Office, LLC | 230 | $11.7K | 0.00% | 00.0% | Unchanged |
| Hilton Head Capital Partners, LLC | 231 | $11.8K | 0.01% | +231 | New |
| Bank & Trust Co | 233 | $11.9K | 0.01% | −24−9.3% | Reduced |
| ORG Partners LLC | 240 | $12.2K | 0.00% | −460−65.7% | Reduced |
| Vermillion & White Wealth Management Group, LLC | 241 | $12.3K | 0.01% | −50−17.2% | Reduced |
| Kohmann Bosshard Financial Services, LLC | 246 | $12.5K | 0.00% | +246 | New |
| Evermay Wealth Management LLC | 250 | $12.7K | 0.00% | 00.0% | Unchanged |
| Innovative Advisory Group, LLC | 250 | $12.7K | 0.01% | 00.0% | Unchanged |
| Piscataqua Savings Bank | 250 | $12.7K | 0.01% | 00.0% | Unchanged |
| Centerpoint Advisors, LLC | 250 | $13.0K | 0.00% | −2,175−89.7% | Reduced |
| Bullock Wealth Management Group | 256 | $13.0K | 0.01% | −50−16.3% | Reduced |
| Medallion Wealth Advisors, LLC | 256 | $13.0K | 0.00% | −20−7.2% | Reduced |
| MPWM Advisory Solutions, LLC | 260 | $13.2K | 0.01% | 00.0% | Unchanged |
| Signature Equity Partners, LLC | 266 | $13.5K | 0.01% | +266 | New |
| Redmont Wealth Advisors LLC | 268 | $13.6K | 0.02% | 00.0% | Unchanged |
| Silicon Valley Capital Partners | 276 | $14.0K | 0.00% | 00.0% | Unchanged |
| Triumph Capital Management | 278 | $14.1K | 0.00% | +278 | New |
| Vision Retirement, LLC | 286 | $14.6K | 0.00% | +286 | New |
| Caitlin John, LLC | 292 | $14.9K | 0.01% | +262+873.3% | Added |
| Pacific Center for Financial Services | 270 | $15.0K | 0.00% | 00.0% | Unchanged |
| Citizens National Bank Trust Department | 300 | $15.3K | 0.00% | 00.0% | Unchanged |
| MTM Investment Management, LLC | 300 | $15.3K | 0.00% | 00.0% | Unchanged |
| Modus Advisors, LLC | 310 | $15.8K | 0.00% | +310 | New |
| SJS Investment Consulting Inc. | 321 | $16.3K | 0.00% | +171+114.0% | Added |
| Atlantic Edge Private Wealth Management, LLC | 325 | $16.5K | 0.00% | +50+18.2% | Added |
| IAG Wealth Partners, LLC | 326 | $16.6K | 0.00% | 00.0% | Unchanged |
| Johnson Financial Group, Inc. | 327 | $16.6K | 0.00% | −357−52.2% | Reduced |
| UMA Financial Services, Inc. | 331 | $16.8K | 0.00% | −56−14.5% | Reduced |
| NorthAvenue LLC | 331 | $16.8K | 0.01% | +331 | New |
| Ogorek Anthony Joseph | 340 | $17.0K | 0.00% | +340 | New |
| Basepoint Wealth LLC | 342 | $17.4K | 0.01% | +342 | New |
| Albion Financial Group | 353 | $18.0K | 0.00% | 00.0% | Unchanged |
| Bell Investment Advisors, Inc | 353 | $18.0K | 0.00% | +7+2.0% | Added |
| Copeland Capital Management, LLC | 357 | $18.2K | 0.00% | −284−44.3% | Reduced |
| True Wealth Design, LLC | 358 | $18.2K | 0.01% | −85−19.2% | Reduced |
| Strategic Investment Solutions, Inc. | 365 | $18.6K | 0.00% | 00.0% | Unchanged |
| First Command Advisory Services, Inc. | 366 | $18.6K | 0.00% | +36+10.9% | Added |
| Raffa Wealth Management, LLC | 367 | $18.7K | 0.00% | +30+8.9% | Added |
| Prestige Wealth Management Group LLC | 379 | $19.3K | 0.00% | 00.0% | Unchanged |
| Pin Oak Investment Advisors Inc | 412 | $20.0K | 0.01% | −13−3.1% | Reduced |
| Roxbury Financial LLC | 400 | $20.4K | 0.02% | 00.0% | Unchanged |
| BankPlus Trust Department | 400 | $20.4K | 0.01% | +400 | New |
| Financial Management Professionals, Inc. | 409 | $20.8K | 0.00% | −128−23.8% | Reduced |
| Plante Moran Financial Advisors, LLC | 415 | $21.1K | 0.00% | −75−15.3% | Reduced |
| Disciplina Capital Management LLC | 416 | $21.2K | 0.00% | 00.0% | Unchanged |
| Reflection Asset Management | 395 | $21.5K | 0.02% | +395 | New |
| Curio Wealth, LLC | 415 | $21.8K | 0.01% | +415 | New |
| Baillie Gifford & Co | 437 | $22.2K | 0.00% | +123+39.2% | Added |
| Rossby Financial, LCC | 440 | $22.4K | 0.01% | +10+2.3% | Added |
| Pingora Partners LLC | 440 | $22.4K | 0.01% | +200+83.3% | Added |
| Private Wealth Asset Management, LLC | 444 | $22.6K | 0.00% | −541−54.9% | Reduced |
| DAGCO, Inc. | 450 | $22.9K | 0.01% | 00.0% | Unchanged |
| Kelly Lawrence W & Associates Inc | 450 | $22.9K | 0.01% | 00.0% | Unchanged |
| Highline Wealth Partners LLC | 452 | $23.0K | 0.01% | −83−15.5% | Reduced |
| POM Investment Strategies, LLC | 454 | $23.1K | 0.01% | −40−8.1% | Reduced |
| J.Safra Asset Management Corp | 466 | $23.7K | 0.00% | +466 | New |
| Glass Jacobson Investment Advisors llc | 470 | $23.9K | 0.01% | +100+27.0% | Added |
| Thurston, Springer, Miller, Herd & Titak, Inc. | 472 | $24.0K | 0.01% | +472 | New |
| Red Tortoise LLC | 476 | $24.2K | 0.01% | 00.0% | Unchanged |
| Atwood & Palmer Inc | 488 | $24.8K | 0.00% | 00.0% | Unchanged |
| Indiana Trust & Investment Management CO | 491 | $25.0K | 0.01% | 00.0% | Unchanged |
| Godfrey Financial Associates, Inc. | 493 | $25.1K | 0.02% | +493 | New |
| Chelsea Counsel Co | 500 | $25.4K | 0.01% | 00.0% | Unchanged |
| Merited Wealth, LLC | 501 | $25.5K | 0.02% | +501 | New |
| Costello Asset Management, INC | 503 | $25.6K | 0.01% | −418−45.4% | Reduced |
| Allianz SE | 506 | $25.7K | 0.00% | −72−12.5% | Reduced |
| Steigerwald, Gordon & Koch Inc. | 534 | $27.2K | 0.00% | −170−24.1% | Reduced |
| United Financial Planning Group LLC | 538 | $27.4K | 0.02% | +129+31.5% | Added |
| WealthCollab, LLC | 538 | $27.4K | 0.01% | +260+93.5% | Added |
| Dunhill Financial, LLC | 540 | $27.5K | 0.01% | −532−49.6% | Reduced |
| Pinnacle Bancorp, Inc. | 542 | $27.6K | 0.01% | 00.0% | Unchanged |
| American National Bank | 543 | $27.6K | 0.00% | +543 | New |
| Halbert Hargrove Global Advisors, LLC | 549 | $27.9K | 0.00% | 00.0% | Unchanged |
| Accent Capital Management, LLC | 550 | $28.0K | 0.01% | +182+49.5% | Added |
| CX Institutional | 548 | $28.0K | 0.00% | +68+14.2% | Added |
| Jackson, Grant Investment Advisers, Inc. | 561 | $28.5K | 0.01% | +561 | New |