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 |
|---|---|---|---|---|---|
| Wellington-Altus USA Inc. | 2,400 | $122.1K | 0.09% | +2,400 | New |
| Jessup Wealth Management, Inc | 2,435 | $123.9K | 0.04% | +2,435 | New |
| Rexford Capital Inc | 2,436 | $123.9K | 0.09% | −400−14.1% | Reduced |
| Belvedere Trading LLC | 2,466 | $125.5K | 0.02% | +2,466 | New |
| BOK Financial Private Wealth, Inc. | 2,500 | $127.2K | 0.01% | 00.0% | Unchanged |
| Aventura Private Wealth, LLC | 2,539 | $129.2K | 0.05% | −535−17.4% | Reduced |
| Highland Capital Management Fund Advisors, L.P. | 229,960 | $139.3K | 0.01% | +229,960 | New |
| Migdal Insurance & Financial Holdings Ltd. | 2,780 | $141.0K | 0.00% | 00.0% | Unchanged |
| NBC Securities, Inc. | 2,835 | $144.2K | 0.01% | −395−12.2% | Reduced |
| Miller Global Investments, LLC | 2,844 | $144.7K | 0.13% | +2,844 | New |
| Keating Financial Advisory Services, Inc. | 2,878 | $146.4K | 0.02% | +2,878 | New |
| Hollencrest Capital Management | 2,888 | $146.9K | 0.01% | −139−4.6% | Reduced |
| Arcadia Investment Management Corp | 3,000 | $152.6K | 0.02% | 00.0% | Unchanged |
| Financial Network Wealth Advisors LLC | 3,006 | $152.9K | 0.16% | +29+1.0% | Added |
| TFC Financial Management | 3,031 | $154.2K | 0.02% | +90+3.1% | Added |
| Hilltop National Bank | 3,120 | $158.7K | 0.04% | −156−4.8% | Reduced |
| Evelyn Partners Investment Management LLP | 3,141 | $159.8K | 0.00% | 00.0% | Unchanged |
| LRI Investments, LLC | 3,194 | $162.5K | 0.01% | −2,196−40.7% | Reduced |
| Laurel Wealth Advisors LLC | 3,233 | $164.5K | 0.02% | +3,233 | New |
| Spire Wealth Management | 3,294 | $167.6K | 0.01% | −1,111−25.2% | Reduced |
| Winthrop Capital Management, LLC | 3,358 | $171.0K | 0.04% | −1,244−27.0% | Reduced |
| MSA Advisors, LLC | 3,500 | $178.1K | 0.04% | 00.0% | Unchanged |
| Byrne Asset Management LLC | 3,602 | $183.3K | 0.10% | – | – |
| Curat Global, LLC | 3,830 | $194.9K | 0.22% | 00.0% | Unchanged |
| Rosenberg Matthew Hamilton | 3,843 | $195.5K | 0.04% | +127+3.4% | Added |
| Key Financial Inc | 3,876 | $197.2K | 0.04% | −60−1.5% | Reduced |
| Mosaic Family Wealth Partners, LLC | 3,932 | $200.1K | 0.02% | −75−1.9% | Reduced |
| Evolve Private Wealth, LLC | 3,954 | $201.2K | 0.01% | +3,954 | New |
| Kovack Advisors, Inc. | 3,962 | $201.6K | 0.01% | −147−3.6% | Reduced |
| Encompass More Asset Management | 3,976 | $202.3K | 0.04% | −905−18.5% | Reduced |
| Gotham Asset Management, LLC | 3,987 | $202.9K | 0.00% | +3,987 | New |
| Fca Corp | 4,000 | $203.5K | 0.06% | 00.0% | Unchanged |
| Krilogy Financial LLC | 3,181 | $203.5K | 0.01% | +3,181 | New |
| WSFS Capital Management, LLC | 4,002 | $203.6K | 0.01% | +4,002 | New |
| Abundance Wealth Counselors | 4,007 | $203.9K | 0.03% | −786−16.4% | Reduced |
| TRUE Private Wealth Advisors | 4,017 | $204.4K | 0.02% | +9+0.2% | Added |
| Verus Capital Partners, LLC | 4,027 | $204.9K | 0.01% | −503−11.1% | Reduced |
| Journey Strategic Wealth LLC | 4,035 | $205.3K | 0.01% | −8−0.2% | Reduced |
| Viawealth, LLC | 4,036 | $205.4K | 0.12% | −2,600−39.2% | Reduced |
| Paces Ferry Wealth Advisors, LLC | 4,040 | $205.6K | 0.08% | +39+1.0% | Added |
| Avise Financial Cooperative, Inc. | 4,041 | $205.6K | 0.19% | +4,041 | New |
| Bank Julius Baer & Co. Ltd, Zurich | 4,066 | $206.9K | 0.00% | +2,693+196.1% | Added |
| Fedenia Advisers LLC | 4,101 | $208.7K | 0.08% | +21+0.5% | Added |
| Marin Bay Wealth Advisors, LLC | 4,110 | $209.1K | 0.12% | +4,110 | New |
| Fox Run Management, L.L.C. | 4,118 | $209.5K | 0.03% | −13,555−76.7% | Reduced |
| Ocean Capital Management, LLC | 4,129 | $210.1K | 0.04% | −1,250−23.2% | Reduced |
| Mesirow Financial Investment Management, Inc. | 4,134 | $210.3K | 0.00% | −6,320−60.5% | Reduced |
| Everpar Advisors LLC | 4,145 | $210.9K | 0.08% | +119+3.0% | Added |
| Jefferson Bridge Capital, LLC | 4,149 | $211.1K | 0.21% | +4,149 | New |
| Wealthcare Advisory Partners LLC | 4,149 | $211.1K | 0.00% | +4,149 | New |
| International Assets Investment Management, LLC | 4,167 | $212.0K | 0.01% | −5,538−57.1% | Reduced |
| Trajan Wealth LLC | 4,200 | $213.7K | 0.01% | +4,200 | New |
| Colorado Capital Management, Inc. | 4,209 | $214.0K | 0.08% | 00.0% | Unchanged |
| Edmond de Rothschild Holding S.A. | 4,225 | $215.0K | 0.00% | +4,225 | New |
| LJI Wealth Management, LLC | 4,239 | $215.7K | 0.03% | +309+7.9% | Added |
| Beacon Financial Group | 4,248 | $216.1K | 0.02% | −59−1.4% | Reduced |
| Cooper Financial Group | 4,252 | $216.3K | 0.02% | −2,366−35.8% | Reduced |
| Brucke Financial, Inc. | 4,260 | $216.7K | 0.12% | −633−12.9% | Reduced |
| Werba Rubin Papier Wealth Management | 4,270 | $217.3K | 0.06% | +241+6.0% | Added |
| Plimoth Trust Co LLC | 4,275 | $217.5K | 0.05% | −1,420−24.9% | Reduced |
| IPG Investment Advisors LLC | 4,286 | $218.1K | 0.04% | +460+12.0% | Added |
| Aviso Financial Inc. | 4,292 | $218.4K | 0.01% | −25,309−85.5% | Reduced |
| RIA Advisory Group LLC | 4,298 | $218.7K | 0.05% | −845−16.4% | Reduced |
| One Wealth Capital Management, LLC | 4,301 | $218.8K | 0.09% | +4,301 | New |
| Painted Porch Advisors LLC | 4,312 | $219.4K | 0.09% | 00.0% | Unchanged |
| NFP Retirement, Inc. | 4,319 | $219.7K | 0.01% | +38+0.9% | Added |
| Oxford Financial Group Ltd | 4,330 | $220.3K | 0.01% | +4,330 | New |
| Patton Albertson Miller Group, LLC | 4,337 | $220.7K | 0.03% | −563−11.5% | Reduced |
| Innova Wealth Partners | 4,337 | $220.7K | 0.11% | +246+6.0% | Added |
| Xponance, Inc. | 4,348 | $221.2K | 0.00% | +457+11.7% | Added |
| Burns J W & Co Inc | 4,350 | $221.3K | 0.02% | −250−5.4% | Reduced |
| Legacy Capital Wealth Partners, LLC | 4,363 | $222.0K | 0.05% | −788−15.3% | Reduced |
| Pure Financial Advisors, Inc. | 4,373 | $222.5K | 0.00% | −908−17.2% | Reduced |
| GTS Securities LLC | 4,391 | $223.4K | 0.01% | +4,391 | New |
| Central Trust Co | 4,407 | $224.2K | 0.00% | −200−4.3% | Reduced |
| Chancellor Financial Group WB LP | 4,414 | $224.6K | 0.15% | +4,414 | New |
| Net Worth Advisory Group | 4,441 | $225.9K | 0.05% | −1,816−29.0% | Reduced |
| Cornerstone Wealth Management, LLC | 4,445 | $226.2K | 0.01% | +500+12.7% | Added |
| Tyche Wealth Partners LLC | 4,460 | $226.9K | 0.04% | +4,460 | New |
| Signet Private Wealth LLC | 4,468 | $227.3K | 0.22% | +4,468 | New |
| Independence Bank of Kentucky | 4,472 | $227.5K | 0.03% | −763−14.6% | Reduced |
| Frazier Financial Advisors, LLC | 4,478 | $227.9K | 0.13% | +1,550+52.9% | Added |
| Martin Investment Management, LLC | 4,484 | $228.1K | 0.06% | −270,722−98.4% | Reduced |
| Knights of Columbus Asset Advisors LLC | 4,493 | $228.6K | 0.01% | 00.0% | Unchanged |
| Pavaki Capital Management LLC | 4,500 | $229.0K | 0.16% | +4,500 | New |
| Telos Capital Management, Inc. | 4,519 | $229.9K | 0.02% | +117+2.7% | Added |
| Foster Dykema Cabot & Partners, LLC | 4,526 | $230.3K | 0.01% | 00.0% | Unchanged |
| Ellevest, Inc. | 4,529 | $230.4K | 0.03% | −1,665−26.9% | Reduced |
| Howland Capital Management LLC | 4,531 | $230.5K | 0.01% | −878−16.2% | Reduced |
| Peoples Financial Services Corp. | 4,536 | $230.8K | 0.11% | −2,155−32.2% | Reduced |
| Clear Harbor Asset Management, LLC | 4,552 | $231.6K | 0.02% | +462+11.3% | Added |
| Raab & Moskowitz Asset Management LLC | 4,571 | $232.6K | 0.05% | −1,310−22.3% | Reduced |
| Evergreen Wealth Management, LLC | 4,592 | $233.7K | 0.12% | +4,592 | New |
| Corient IA LLC | 4,630 | $235.6K | 0.22% | −2,370−33.9% | Reduced |
| Dara Capital US, Inc. | 4,630 | $235.6K | 0.21% | +4,630 | New |
| Westside Investment Management, Inc. | 4,630 | $238.4K | 0.04% | +1,800+63.6% | Added |
| Strategy Asset Managers LLC | 4,694 | $238.8K | 0.04% | +330+7.6% | Added |
| Leavell Investment Management, Inc. | 4,696 | $238.9K | 0.01% | −1,469−23.8% | Reduced |
| Flputnam Investment Management Co | 4,717 | $240.0K | 0.00% | +4,717 | New |
| CoreFirst Bank & Trust | 4,723 | $240.3K | 0.13% | 00.0% | Unchanged |