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 |
|---|---|---|---|---|---|
| Silver Oak Securities, Inc | 10,856 | $556.0K | 0.04% | +10,856 | New |
| Schnieders Capital Management, LLC. | 10,933 | $556.3K | 0.09% | −1,983−15.4% | Reduced |
| Seed Wealth Management, Inc. | 10,944 | $556.8K | 0.38% | −2,310−17.4% | Reduced |
| Alexander Labrunerie & Co., Inc. | 11,058 | $562.6K | 0.20% | +184+1.7% | Added |
| Laurel Oak Wealth Management, LLC | 11,058 | $562.7K | 0.09% | +11,058 | New |
| Baader Bank INC | 11,821 | $564.0K | 0.05% | −477−3.9% | Reduced |
| Ashton Thomas Private Wealth, LLC | 11,154 | $567.5K | 0.01% | −4,676−29.5% | Reduced |
| Lighthouse Financial LLC | 11,171 | $568.4K | 0.37% | −650−5.5% | Reduced |
| Sovran Advisors, LLC | 9,960 | $568.9K | 0.05% | −31,490−76.0% | Reduced |
| Financial Perspectives, Inc | 11,256 | $572.7K | 0.15% | −123−1.1% | Reduced |
| Busey Wealth Management | 11,295 | $574.7K | 0.02% | −3,758−25.0% | Reduced |
| Samalin Investment Counsel, LLC | 11,323 | $576.1K | 0.20% | +616+5.8% | Added |
| DecisionMap Wealth Management, LLC | 11,352 | $577.6K | 0.36% | +670+6.3% | Added |
| Hilltop Holdings Inc. | 11,419 | $581.0K | 0.03% | −3,892−25.4% | Reduced |
| Balentine LLC | 11,556 | $588.0K | 0.02% | −210−1.8% | Reduced |
| Motco | 11,568 | $588.6K | 0.05% | −511−4.2% | Reduced |
| Basecamp Wealth Advisors LLC | 11,626 | $591.5K | 0.13% | +11,626 | New |
| Stiles Financial Services Inc | 11,640 | $592.2K | 0.18% | −20,038−63.3% | Reduced |
| Capital Investment Advisory Services, LLC | 11,689 | $594.7K | 0.04% | +836+7.7% | Added |
| Retirement Planning Co of New England, Inc. | 11,693 | $594.9K | 0.24% | −791−6.3% | Reduced |
| Principle Wealth Partners LLC | 11,721 | $596.4K | 0.03% | −1,414−10.8% | Reduced |
| Bryn Mawr Trust Co | 11,779 | $599.3K | 0.01% | 00.0% | Unchanged |
| Summit Financial, LLC | 11,866 | $603.7K | 0.01% | +1,940+19.5% | Added |
| Balboa Wealth Partners | 11,901 | $605.5K | 0.10% | −12−0.1% | Reduced |
| Rothschild Investment LLC | 11,935 | $607.2K | 0.03% | −2,792−19.0% | Reduced |
| Doliver Advisors, LP | 11,984 | $609.7K | 0.15% | −977−7.5% | Reduced |
| Procyon Private Wealth Partners, LLC | 12,011 | $611.1K | 0.03% | −4,860−28.8% | Reduced |
| Great Valley Advisor Group, Inc. | 12,011 | $611.6K | 0.01% | −1,181−9.0% | Reduced |
| Jacobi Capital Management LLC | 12,024 | $611.8K | 0.04% | −7,554−38.6% | Reduced |
| Boston Trust Walden Corp | 12,036 | $612.4K | 0.00% | 00.0% | Unchanged |
| Unique Wealth Strategies, LLC | 12,045 | $612.9K | 0.24% | +12,045 | New |
| Carson Advisory Inc. | 12,048 | $613.0K | 0.32% | −125−1.0% | Reduced |
| WJ Financial Advisors LLC | 12,058 | $613.5K | 0.55% | +6,909+134.2% | Added |
| Verity Asset Management, Inc. | 12,076 | $614.4K | 0.26% | −28,420−70.2% | Reduced |
| May Hill Capital, LLC | 12,106 | $615.9K | 0.17% | +3,702+44.1% | Added |
| Quintet Private Bank (Europe) S.A. | 12,165 | $619.0K | 0.04% | 00.0% | Unchanged |
| Charter Trust Co | 12,167 | $619.1K | 0.04% | −2,615−17.7% | Reduced |
| Connable Office Inc | 12,209 | $621.2K | 0.06% | 00.0% | Unchanged |
| Savant Capital, LLC | 12,215 | $621.5K | 0.00% | +624+5.4% | Added |
| Rakuten Securities, Inc. | 12,252 | $623.4K | 0.20% | +2,357+23.8% | Added |
| Institute for Wealth Management, LLC. | 12,344 | $628.1K | 0.07% | −3,482−22.0% | Reduced |
| Giverny Capital Inc.SuperinvestorGiverny Capital | 12,400 | $630.9K | 0.02% | 00.0% | Unchanged |
| Wedmont Private Capital | 11,308 | $639.7K | 0.02% | +552+5.1% | Added |
| Tempus Wealth Planning, LLC | 12,586 | $640.4K | 0.15% | +12,586 | New |
| Argonautica Private Wealth Management, Inc | 12,661 | $644.2K | 0.19% | +3,990+46.0% | Added |
| Mystic Asset Management, Inc. | 12,800 | $651.3K | 0.15% | +350+2.8% | Added |
| Anchor Investment Management, LLC | 12,807 | $651.6K | 0.05% | −40−0.3% | Reduced |
| Harrell Investment Partners, LLC | 12,876 | $655.1K | 0.15% | −1,291−9.1% | Reduced |
| Resources Management Corp | 13,000 | $661.0K | 0.09% | −325−2.4% | Reduced |
| Capital Insight Partners, LLC | 13,033 | $663.1K | 0.14% | −31,324−70.6% | Reduced |
| Confluence Investment Management LLC | 13,043 | $663.6K | 0.01% | +1,219+10.3% | Added |
| TD Private Client Wealth LLC | 13,063 | $664.6K | 0.01% | +6,343+94.4% | Added |
| Baker Tilly Wealth Management, LLC | 13,162 | $669.7K | 0.17% | −1,382−9.5% | Reduced |
| SRS Capital Advisors, Inc. | 13,165 | $669.8K | 0.02% | −7,817−37.3% | Reduced |
| Central Bank & Trust Co | 13,253 | $674.3K | 0.10% | −1,386−9.5% | Reduced |
| Avidian Wealth Solutions, LLC | 13,341 | $678.8K | 0.02% | −1,482−10.0% | Reduced |
| Global Strategic Investment Solutions, LLC | 13,380 | $680.8K | 0.07% | 00.0% | Unchanged |
| Pensionmark Financial Group, LLC | 13,403 | $681.9K | 0.01% | −4,706−26.0% | Reduced |
| HBK Sorce Advisory LLC | 14,327 | $682.6K | 0.02% | +3,163+28.3% | Added |
| Avaii Wealth Management, LLC | 13,437 | $683.7K | 0.25% | +9,098+209.7% | Added |
| Intesa Sanpaolo S.p.A. | 13,425 | $687.6K | 0.04% | +13,425 | New |
| Spears Abacus Advisors LLC | 13,522 | $688.0K | 0.01% | +1,575+13.2% | Added |
| Bridgewater Advisors Inc. | 11,756 | $697.3K | 0.05% | +160+1.4% | Added |
| AE Wealth Management LLC | 13,747 | $699.5K | 0.00% | +4,861+54.7% | Added |
| Pinnacle Wealth Planning Services, Inc. | 13,961 | $710.3K | 0.07% | −3,199−18.6% | Reduced |
| Clearstead Advisors, LLC | 14,152 | $720.0K | 0.01% | −4,293−23.3% | Reduced |
| Huntington National Bank | 14,276 | $726.4K | 0.00% | −3,058−17.6% | Reduced |
| Marotta Asset Management | 14,297 | $727.4K | 0.13% | −234−1.6% | Reduced |
| First American Trust, FSB | 14,346 | $729.9K | 0.05% | −2,655−15.6% | Reduced |
| PDS Planning, Inc | 14,376 | $731.5K | 0.05% | +2,639+22.5% | Added |
| White Knight Strategic Wealth Advisors, LLC | 14,391 | $732.2K | 0.54% | +14,391 | New |
| 49 Wealth Management, LLC | 14,413 | $733.3K | 0.06% | +7,209+100.1% | Added |
| First Citizens Bank & Trust Co | 14,421 | $733.7K | 0.02% | −2,043−12.4% | Reduced |
| Highland Capital Management, LLC | 14,500 | $737.8K | 0.04% | −1,700−10.5% | Reduced |
| Ameritas Advisory Services, LLC | 14,591 | $742.4K | 0.03% | −4,791−24.7% | Reduced |
| Red Door Wealth Management, LLC | 14,593 | $742.5K | 0.08% | −101−0.7% | Reduced |
| Mitchell & Pahl Private Wealth, LLC | 14,729 | $749.4K | 0.31% | −228−1.5% | Reduced |
| Bull Street Advisors, LLC | 14,770 | $751.0K | 0.35% | 00.0% | Unchanged |
| Atlantic Union Bankshares Corp | 14,792 | $752.6K | 0.01% | +93+0.6% | Added |
| Abel Hall, LLC | 14,852 | $755.7K | 0.18% | +6,923+87.3% | Added |
| Great Diamond Partners, LLC | 14,855 | $755.8K | 0.15% | −131−0.9% | Reduced |
| Jamison Private Wealth Management, Inc. | 14,956 | $761.0K | 0.09% | +3,708+33.0% | Added |
| Sagespring Wealth Partners, LLC | 15,166 | $771.6K | 0.01% | −1,868−11.0% | Reduced |
| Family Legacy, Inc. | 15,214 | $774.1K | 0.23% | −955−5.9% | Reduced |
| Integrated Wealth Concepts LLC | 15,222 | $774.5K | 0.01% | −11,190−42.4% | Reduced |
| Roehl & Yi Investment Advisors, LLC | 15,333 | $780.1K | 0.31% | −2,028−11.7% | Reduced |
| Horizon Kinetics Asset Management LLC | 15,350 | $781.0K | 0.01% | 00.0% | Unchanged |
| Bond & Devick Financial Network, Inc. | 15,422 | $784.7K | 0.22% | +550+3.7% | Added |
| Wealthspire Advisors, LLC | 15,452 | $786.2K | 0.01% | −13,936−47.4% | Reduced |
| SageView Advisory Group, LLC | 15,469 | $787.1K | 0.03% | −10,047−39.4% | Reduced |
| Convergence Financial, LLC | 15,546 | $791.0K | 0.12% | +829+5.6% | Added |
| Brookstone Capital Management | 15,555 | $791.4K | 0.01% | −8,298−34.8% | Reduced |
| Venture Visionary Partners LLC | 15,596 | $793.6K | 0.03% | +10,864+229.6% | Added |
| Integrated Advisors Network LLC | 15,684 | $798.0K | 0.04% | −710−4.3% | Reduced |
| Donaldson Capital Management, LLC | 15,794 | $803.6K | 0.03% | −182−1.1% | Reduced |
| Wealth Quarterback LLC | 15,809 | $804.3K | 0.29% | −4,605−22.6% | Reduced |
| Kingswood Wealth Advisors, LLC | 15,813 | $804.5K | 0.04% | +3,869+32.4% | Added |
| Toronto Dominion Bank | 16,048 | $815.6K | 0.00% | −161−1.0% | Reduced |
| Fairview Capital Investment Management, LLC | 16,070 | $817.6K | 0.04% | 00.0% | Unchanged |
| Clear Creek Financial Management, LLC | 16,138 | $821.1K | 0.07% | +16,138 | New |