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 |
|---|---|---|---|---|---|
| NorthRock Partners, LLC | 6,188 | $314.9K | 0.01% | +851+15.9% | Added |
| LRT Capital Management, LLC | 6,234 | $317.2K | 0.27% | −14,988−70.6% | Reduced |
| Frec Markets, Inc. | 6,234 | $317.2K | 0.09% | +6,234 | New |
| Essex LLC | 6,242 | $317.6K | 0.06% | +75+1.2% | Added |
| Gallagher Capital Advisors, LLC | 6,248 | $317.9K | 0.21% | −835−11.8% | Reduced |
| Stratos Wealth Advisors, LLC | 6,248 | $317.9K | 0.02% | +1,648+35.8% | Added |
| Canopy Partners, LLC | 6,258 | $318.4K | 0.10% | −248−3.8% | Reduced |
| Buckingham Strategic Partners | 6,262 | $318.6K | 0.00% | −3,019−32.5% | Reduced |
| Clarius Group, LLC | 6,320 | $321.6K | 0.02% | −5,818−47.9% | Reduced |
| Monticello Wealth Management, LLC | 6,343 | $322.7K | 0.02% | +274+4.5% | Added |
| Murphy & Mullick Capital Management Corp | 6,355 | $323.3K | 0.23% | +378+6.3% | Added |
| TownSquare Capital, LLC | 6,384 | $324.8K | 0.07% | −14,616−69.6% | Reduced |
| Summit Trail Advisors, LLC | 6,405 | $325.9K | 0.01% | −3,054−32.3% | Reduced |
| Tucker Asset Management LLC | 6,410 | $326.1K | 0.09% | +1,277+24.9% | Added |
| Signature Wealth Management Partners, LLC | 6,427 | $327.0K | 0.16% | +2,045+46.7% | Added |
| Unified Investment Management | 6,466 | $329.0K | 0.33% | −8,935−58.0% | Reduced |
| First Financial Corp | 6,470 | $329.2K | 0.12% | 00.0% | Unchanged |
| Harbour Investments, Inc. | 6,504 | $330.9K | 0.01% | −1,587−19.6% | Reduced |
| Jim Saulnier & Associates, LLC | 6,544 | $333.0K | 0.17% | 00.0% | Unchanged |
| Marco Investment Management LLC | 6,550 | $333.3K | 0.03% | 00.0% | Unchanged |
| Sigma Planning Corp | 6,557 | $333.5K | 0.01% | +927+16.5% | Added |
| Ridge Creek Global, Inc | 6,610 | $336.3K | 0.28% | +6,610 | New |
| Guardian Wealth Advisors, LLC | 6,618 | $336.7K | 0.02% | −500−7.0% | Reduced |
| Ironsides Asset Advisors, LLC | 6,623 | $337.0K | 0.09% | 00.0% | Unchanged |
| Boreal Capital Management LLC | 6,638 | $337.7K | 0.25% | +402+6.4% | Added |
| Armstrong Henry H Associates Inc | 6,664 | $339.1K | 0.03% | −1,544−18.8% | Reduced |
| WP Advisors, LLC | 6,735 | $342.7K | 0.09% | −1,082−13.8% | Reduced |
| Transatlantique Private Wealth LLC | 6,716 | $343.6K | 0.11% | +6,716 | New |
| MJP Associates Inc | 6,764 | $344.2K | 0.04% | −777−10.3% | Reduced |
| FSM Wealth Advisors, LLC | 6,788 | $345.4K | 0.05% | +353+5.5% | Added |
| Penserra Capital Management LLC | 6,805 | $346.0K | 0.00% | −87−1.3% | Reduced |
| GHP Investment Advisors, Inc. | 6,846 | $348.3K | 0.01% | +2,075+43.5% | Added |
| Rock Point Advisors, LLC | 6,850 | $348.5K | 0.09% | 00.0% | Unchanged |
| Valley National Advisers Inc | 6,866 | $349.0K | 0.05% | −304−4.2% | Reduced |
| Aurora Private Wealth, Inc. | 6,883 | $350.0K | 0.23% | +6,883 | New |
| Perennial Investment Advisors, LLC | 6,891 | $350.6K | 0.03% | +3,082+80.9% | Added |
| BCJ Capital Management, LLC | 6,908 | $351.5K | 0.02% | +1,291+23.0% | Added |
| Foster Victor Wealth Advisors, LLC | 5,670 | $353.4K | 0.02% | +266+4.9% | Added |
| Sivia Capital Partners, LLC | 6,958 | $354.0K | 0.07% | +1,327+23.6% | Added |
| Glenview Trust Co | 6,961 | $354.2K | 0.01% | −23,367−77.0% | Reduced |
| ORG Wealth Partners, LLC | 7,005 | $356.4K | 0.08% | −20−0.3% | Reduced |
| Wynn Capital, LLC | 7,045 | $358.4K | 0.17% | −321−4.4% | Reduced |
| Dudley Capital Management, LLC | 7,100 | $361.2K | 0.16% | +7,100 | New |
| Hardy Reed LLC | 7,177 | $365.2K | 0.03% | +90+1.3% | Added |
| Steel Peak Wealth Management LLC | 7,190 | $365.8K | 0.01% | +1,860+34.9% | Added |
| Midwest Trust Co | 7,205 | $366.6K | 0.00% | −1,051−12.7% | Reduced |
| Harvest Fund Management Co., Ltd | 7,223 | $368.0K | 0.01% | +7,223 | New |
| First Manhattan Co | 7,247 | $368.7K | 0.00% | −243−3.2% | Reduced |
| BridgePort Financial Solutions, LLC | 7,264 | $369.6K | 0.10% | +580+8.7% | Added |
| Dynasty Wealth Management, LLC | 7,303 | $371.6K | 0.00% | −584−7.4% | Reduced |
| Bridges Investment Management Inc | 7,311 | $372.0K | 0.00% | +7+0.1% | Added |
| Koshinski Asset Management, Inc. | 7,313 | $372.1K | 0.02% | −695−8.7% | Reduced |
| LifeSteps Financial, Inc. | 7,315 | $372.2K | 0.24% | 00.0% | Unchanged |
| Signature Estate & Investment Advisors LLC | 7,365 | $374.7K | 0.01% | −448−5.7% | Reduced |
| Canal Capital Management, LLC | 7,442 | $378.6K | 0.05% | −2,626−26.1% | Reduced |
| PAX Financial Group, LLC | 7,453 | $379.2K | 0.07% | −889−10.7% | Reduced |
| Sankala Group LLC | 10,151 | $380.2K | 0.30% | +10,151 | New |
| Annis Gardner Whiting Capital Advisors, LLC | 7,480 | $380.6K | 0.07% | 00.0% | Unchanged |
| Security Financial Services, INC. | 7,489 | $381.0K | 0.06% | −516−6.4% | Reduced |
| Schwarz Dygos Wheeler Investment Advisors LLC | 7,489 | $381.0K | 0.08% | 00.0% | Unchanged |
| MidFirst Bank | 7,492 | $381.2K | 0.03% | +7,492 | New |
| Diversified Trust Co | 7,499 | $381.5K | 0.01% | +3,616+93.1% | Added |
| Philadelphia Trust Co | 7,500 | $382.0K | 0.03% | 00.0% | Unchanged |
| Southland Equity Partners LLC | 7,525 | $382.9K | 0.08% | +502+7.1% | Added |
| Sharp Financial Services, LLC | 7,600 | $386.7K | 0.19% | +1,600+26.7% | Added |
| Wiser Advisor Group LLC | 7,602 | $386.8K | 0.44% | −592−7.2% | Reduced |
| Advisors Capital Management, LLC | 7,646 | $389.0K | 0.00% | −135−1.7% | Reduced |
| Harbor Investment Advisory, LLC | 7,656 | $389.5K | 0.03% | +4,003+109.6% | Added |
| Invst, LLC | 7,696 | $391.6K | 0.04% | +1,396+22.2% | Added |
| Kercheville Advisors, LLC | 6,300 | $392.0K | 0.10% | +6,300 | New |
| Focus Financial Network, Inc. | 7,732 | $393.4K | 0.01% | +1,768+29.6% | Added |
| Principal Street Partners, LLC | 7,734 | $393.5K | 0.07% | −1,245−13.9% | Reduced |
| Wellington Grp LLC | 7,763 | $395.0K | 0.13% | +7,763 | New |
| S.A. Mason LLC | 7,778 | $395.7K | 0.16% | −1,450−15.7% | Reduced |
| Platform Technology Partners | 7,862 | $400.0K | 0.09% | +484+6.6% | Added |
| Lauterbach Financial Advisors, LLC | 7,877 | $400.8K | 0.20% | +7,877 | New |
| SG Trading Solutions, LLC | 7,875 | $401.0K | 0.09% | +7,875 | New |
| Diversified Enterprises, LLC | 7,902 | $402.0K | 0.02% | +1,386+21.3% | Added |
| UBS Asset Management Americas Inc | 7,925 | $403.2K | 0.00% | +7,925 | New |
| Grove Bank & Trust | 7,943 | $404.1K | 0.05% | +6,783+584.7% | Added |
| GW Henssler & Associates Ltd | 7,959 | $405.0K | 0.02% | 00.0% | Unchanged |
| HBW Advisory Services LLC | 7,966 | $405.3K | 0.04% | −53−0.7% | Reduced |
| Forza Wealth Management, LLC | 7,966 | $405.3K | 0.15% | −2,500−23.9% | Reduced |
| Centric Wealth Management | 6,887 | $405.9K | 0.09% | −43−0.6% | Reduced |
| V-Square Quantitative Management LLC | 7,987 | $406.4K | 0.04% | +7,987 | New |
| Laraway Financial Inc | 8,006 | $407.3K | 0.27% | 00.0% | Unchanged |
| Flagship Harbor Advisors, LLC | 8,009 | $407.5K | 0.02% | −1,678−17.3% | Reduced |
| Investment Partners Asset Management, Inc. | 8,029 | $408.5K | 0.25% | +8,029 | New |
| National Asset Management, Inc. | 8,048 | $409.5K | 0.02% | −754−8.6% | Reduced |
| CoreCap Advisors, LLC | 8,056 | $409.9K | 0.01% | +2,614+48.0% | Added |
| Modern Wealth Management, LLC | 8,072 | $410.7K | 0.01% | 00.0% | Unchanged |
| Souders Financial Advisors | 8,133 | $413.8K | 0.05% | −1,564−16.1% | Reduced |
| Keudell/Morrison Wealth Management | 8,149 | $414.6K | 0.09% | +8,149 | New |
| Atlantic Trust, LLC | 8,151 | $414.7K | 0.07% | −1,120−12.1% | Reduced |
| Cary Street Partners Financial LLC | 8,228 | $418.6K | 0.01% | +3,588+77.3% | Added |
| Ascent Group, LLC | 8,230 | $418.8K | 0.01% | −1,187−12.6% | Reduced |
| Griffin Asset Management, Inc. | 8,242 | $419.4K | 0.05% | 00.0% | Unchanged |
| Agate Pass Investment Management, LLC | 8,244 | $419.5K | 0.16% | −575−6.5% | Reduced |
| Birch Financial Group, LLC | 8,284 | $421.5K | 0.24% | −8,538−50.8% | Reduced |
| COFG Advisors, LLC | 8,287 | $421.6K | 0.10% | +8,287 | New |