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 |
|---|---|---|---|---|---|
| Tiaa Trust, National Association | 8,291 | $421.8K | 0.00% | −2,850−25.6% | Reduced |
| Bank of Hawaii | 8,345 | $424.6K | 0.02% | +3,727+80.7% | Added |
| Activest Wealth Management | 8,349 | $424.8K | 0.08% | −7,346−46.8% | Reduced |
| Formidable Asset Management, LLC | 7,694 | $426.9K | 0.06% | −15,268−66.5% | Reduced |
| Summit Global Investments | 8,434 | $429.0K | 0.03% | +1,319+18.5% | Added |
| Wealthfront Advisers LLC | 8,457 | $430.3K | 0.00% | +8,457 | New |
| Engineers Gate Manager LP | 8,468 | $430.9K | 0.01% | +8,468 | New |
| InTrack Investment Management Inc | 8,480 | $431.5K | 0.24% | +726+9.4% | Added |
| Grandfield & Dodd, LLC | 8,532 | $434.1K | 0.02% | +25+0.3% | Added |
| Guyasuta Investment Advisors Inc | 8,537 | $434.4K | 0.02% | 00.0% | Unchanged |
| Capital International Sarl | 8,563 | $435.7K | 0.01% | 00.0% | Unchanged |
| Western Wealth Management, LLC | 8,568 | $435.9K | 0.02% | −1,296−13.1% | Reduced |
| Mirae Asset Global ETFs Holdings Ltd. | 8,595 | $437.3K | 0.00% | +2,662+44.9% | Added |
| Clearbridge Investments, LLC | 8,618 | $438.5K | 0.00% | −882,035−99.0% | Reduced |
| Quantbot Technologies LP | 8,631 | $439.1K | 0.01% | −48,519−84.9% | Reduced |
| One Capital Management, LLC | 8,634 | $439.3K | 0.01% | +1,466+20.5% | Added |
| New Republic Capital, LLC | 8,669 | $441.1K | 0.12% | +8,669 | New |
| Cullinan Associates Inc | 8,675 | $441.4K | 0.03% | 00.0% | Unchanged |
| 1776 Wealth LLC | 8,711 | $443.2K | 0.17% | +189+2.2% | Added |
| Foundations Investment Advisors, LLC | 8,733 | $444.3K | 0.01% | −7,929−47.6% | Reduced |
| Sowell Financial Services LLC | 8,767 | $446.1K | 0.02% | −2,434−21.7% | Reduced |
| Silvercrest Asset Management Group LLC | 8,831 | $449.3K | 0.00% | −105,194−92.3% | Reduced |
| Evergreen Wealth Solutions, LLC | 8,838 | $449.7K | 0.06% | +8,838 | New |
| Keel Point, LLC | 8,861 | $450.8K | 0.03% | +895+11.2% | Added |
| Beacon Financial Advisory LLC | 8,869 | $451.3K | 0.10% | +4,139+87.5% | Added |
| AlTi Global, Inc. | 8,944 | $455.1K | 0.01% | +291+3.4% | Added |
| Gallacher Capital Management LLC | 8,970 | $456.4K | 0.18% | −3,852−30.0% | Reduced |
| Somerville Kurt F | 8,975 | $456.6K | 0.08% | −57,338−86.5% | Reduced |
| We Are One Seven, LLC | 8,999 | $457.8K | 0.01% | −16,037−64.1% | Reduced |
| Fulton Bank, N.A. | 9,045 | $460.2K | 0.02% | +964+11.9% | Added |
| Miracle Mile Advisors, LLC | 9,058 | $460.9K | 0.01% | −605−6.3% | Reduced |
| TBH Global Asset Management, LLC | 9,065 | $461.2K | 0.08% | +479+5.6% | Added |
| Fermata Advisors, LLC | 9,074 | $461.7K | 0.11% | +2,024+28.7% | Added |
| Sterling Investment Management, Inc. | 9,089 | $462.4K | 0.26% | −10,857−54.4% | Reduced |
| Quotient Wealth Partners, LLC | 9,091 | $462.6K | 0.01% | +177+2.0% | Added |
| New Vernon Investment Management LLC | 9,100 | $463.0K | 0.45% | 00.0% | Unchanged |
| TritonPoint Partners, LLC | 9,154 | $465.8K | 0.25% | +9,154 | New |
| Channel Wealth LLC | 9,178 | $467.0K | 0.12% | −11,420−55.4% | Reduced |
| Raub Brock Capital Management LP | 9,240 | $470.1K | 0.10% | 00.0% | Unchanged |
| Range Financial Group LLC | 9,242 | $470.2K | 0.16% | −28,269−75.4% | Reduced |
| GAMMA Investing LLC | 9,243 | $470.3K | 0.02% | +1,223+15.2% | Added |
| NTV Asset Management LLC | 9,252 | $470.7K | 0.05% | 00.0% | Unchanged |
| Warren Averett Asset Management, LLC | 9,367 | $476.6K | 0.00% | −3,643−28.0% | Reduced |
| Directional Asset Management | 9,445 | $480.6K | 0.42% | +9,445 | New |
| Patrick M Sweeney & Associates, Inc | 9,455 | $481.1K | 0.30% | 00.0% | Unchanged |
| Indivisible Partners | 9,466 | $481.6K | 0.05% | +9,466 | New |
| LVW Advisors, LLC | 9,483 | $482.5K | 0.05% | −4,125−30.3% | Reduced |
| RMB Capital Management, LLC | 9,485 | $482.6K | 0.01% | +211+2.3% | Added |
| Stokes Capital Advisors, LLC | 9,485 | $482.6K | 0.11% | −6,175−39.4% | Reduced |
| Advisory Advocates, LLC | 9,491 | $482.9K | 0.48% | +9,491 | New |
| OpenArc Corporate Advisory, LLC | 9,530 | $484.9K | 0.01% | +9,530 | New |
| Farringdon Capital, Ltd. | 9,534 | $485.1K | 0.12% | −2,662−21.8% | Reduced |
| Evoke Wealth, LLC | 9,556 | $486.2K | 0.01% | −2,533−21.0% | Reduced |
| Resonant Capital Advisors, LLC | 9,582 | $487.5K | 0.03% | +1,998+26.3% | Added |
| Gen-Wealth Partners Inc | 9,637 | $490.3K | 0.16% | −6,382−39.8% | Reduced |
| PeakShares LLC | 9,642 | $490.6K | 0.48% | +9,642 | New |
| Salem Investment Counselors Inc | 9,692 | $493.1K | 0.01% | −9,336−49.1% | Reduced |
| Capstone Investment Advisors, LLC | 9,719 | $494.5K | 0.00% | +6,034+163.7% | Added |
| Basso Capital Management, L.P. | 9,750 | $496.1K | 0.30% | +3,250+50.0% | Added |
| First Pacific Financial | 9,806 | $498.9K | 0.07% | −1,385−12.4% | Reduced |
| Klingenstein Fields & Co LP | 9,820 | $499.6K | 0.02% | −100−1.0% | Reduced |
| R Squared Ltd | 9,844 | $500.9K | 0.23% | +9,844 | New |
| Versant Capital Management, Inc | 9,884 | $502.9K | 0.06% | +2,845+40.4% | Added |
| Monarch Capital Management Inc | 9,904 | $503.9K | 0.12% | +5,684+134.7% | Added |
| Essex Savings Bank | 9,927 | $505.1K | 0.11% | −236−2.3% | Reduced |
| Stokes Family Office, LLC | 9,976 | $507.6K | 0.05% | −35,571−78.1% | Reduced |
| Mirabaud & Cie SA | 10,000 | $508.8K | 0.16% | 00.0% | Unchanged |
| Danske Bank A/S | 10,000 | $508.8K | 0.00% | +10,000 | New |
| Diversified Management Inc | 10,000 | $508.8K | 0.12% | +10,000 | New |
| China Universal Asset Management Co., Ltd. | 10,000 | $508.8K | 0.04% | +10,000 | New |
| NorthCrest Asset Manangement, LLC | 9,249 | $509.7K | 0.01% | −1,421−13.3% | Reduced |
| Diversify Advisory Services, LLC | 8,187 | $510.3K | 0.02% | −735−8.2% | Reduced |
| Cavalier Investments, LLC | 10,049 | $511.3K | 0.16% | −31,488−75.8% | Reduced |
| Precision Wealth Strategies, LLC | 10,128 | $515.3K | 0.17% | −2,696−21.0% | Reduced |
| Aviance Capital Partners, LLC | 10,188 | $518.4K | 0.06% | −500−4.7% | Reduced |
| Chevy Chase Trust Holdings, Inc. | 10,201 | $519.0K | 0.00% | +5,752+129.3% | Added |
| Advisor OS, LLC | 10,228 | $520.4K | 0.04% | −655−6.0% | Reduced |
| Syon Capital LLC | 10,284 | $523.3K | 0.03% | −1,151−10.1% | Reduced |
| Cohen Capital Management, Inc. | 10,312 | $524.7K | 0.08% | +1,500+17.0% | Added |
| Cairn Investment Group, Inc. | 10,328 | $525.0K | 0.25% | 00.0% | Unchanged |
| WFA of San Diego, LLC | 10,320 | $525.1K | 0.38% | +15+0.1% | Added |
| HCR Wealth Advisors | 10,340 | $526.1K | 0.05% | −7,813−43.0% | Reduced |
| TCG Advisory Services, LLC | 10,364 | $527.3K | 0.01% | −2,710−20.7% | Reduced |
| DMG Group, LLC | 10,458 | $532.1K | 0.35% | −731−6.5% | Reduced |
| Sage Rhino Capital LLC | 10,469 | $532.7K | 0.10% | −704−6.3% | Reduced |
| Larry Mathis Financial Planning, LLC | 10,520 | $535.3K | 0.47% | +10,520 | New |
| Ronald Blue Trust, Inc. | 10,541 | $536.3K | 0.01% | −4,593−30.3% | Reduced |
| Hardworking Capital Advisors, LLC | 10,587 | $538.7K | 0.49% | +10,587 | New |
| AlphaCore Capital LLC | 10,603 | $539.5K | 0.01% | −9,427−47.1% | Reduced |
| Cravens & Co Advisors, LLC | 9,086 | $541.9K | 0.35% | −7,367−44.8% | Reduced |
| Argent Trust Co | 10,657 | $542.2K | 0.02% | +683+6.8% | Added |
| Princeton Capital Management LLC | 10,690 | $543.9K | 0.14% | −4,386−29.1% | Reduced |
| Ashton Thomas Securities, LLC | 10,686 | $544.7K | 0.10% | +453+4.4% | Added |
| Hamilton Wealth, LLC | 10,720 | $545.4K | 0.10% | +10,720 | New |
| Spinnaker Trust | 10,726 | $545.7K | 0.03% | +1,186+12.4% | Added |
| Hazlett, Burt & Watson, Inc. | 10,709 | $548.0K | 0.18% | −1,583−12.9% | Reduced |
| Aptus Capital Advisors, LLC | 10,790 | $549.0K | 0.00% | −1,162−9.7% | Reduced |
| Burford Brothers, Inc. | 10,798 | $549.4K | 0.23% | +717+7.1% | Added |
| Gerber Kawasaki Wealth & Investment Management | 10,890 | $554.1K | 0.02% | +2,305+26.8% | Added |
| Holderness Investments Co | 10,900 | $554.6K | 0.11% | −3,160−22.5% | Reduced |