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 | 1,866 | $47.9B |
| Q1 2024 | 1,745 | $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 |
|---|---|---|---|---|---|
| Aspiriant, LLC | 4,941 | $251.4K | 0.01% | +6+0.1% | Added |
| Moneta Group Investment Advisors LLC | 4,929 | $250.8K | 0.00% | +4,929 | New |
| Texas Capital Bank Wealth Management Services Inc | 4,921 | $250.4K | 0.01% | +4,921 | New |
| Manchester Capital Management LLC | 4,914 | $250.0K | 0.03% | −2,271−31.6% | Reduced |
| Exeter Financial, LLC | 4,895 | $249.1K | 0.11% | +4,895 | New |
| National Philanthropic Trust | 4,881 | $248.3K | 0.00% | +4,881 | New |
| Manske Wealth Management | 4,880 | $248.3K | 0.07% | +4,880 | New |
| Tradewinds Capital Management, LLC | 4,860 | $247.3K | 0.05% | 00.0% | Unchanged |
| Hyposwiss Advisors SA | 4,820 | $245.2K | 0.24% | +4,820 | New |
| Tortuga Wealth Management, Inc | 4,797 | $244.0K | 0.26% | +4,797 | New |
| Essex Financial Services, Inc. | 4,795 | $244.0K | 0.01% | −494−9.3% | Reduced |
| Sargent Investment Group, LLC | 4,776 | $243.0K | 0.03% | +4,776 | New |
| First Financial Bankshares Inc | 4,774 | $242.9K | 0.00% | +4,774 | New |
| Sage Mountain Advisors LLC | 4,769 | $242.6K | 0.01% | −2,625−35.5% | Reduced |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 4,767 | $242.5K | 0.00% | −16,200−77.3% | Reduced |
| Colonial Trust Advisors | 4,766 | $242.5K | 0.02% | −456−8.7% | Reduced |
| Sittner & Nelson, LLC | 5,073 | $241.7K | 0.09% | −20.0% | Reduced |
| Capital Investment Advisors, LLC | 4,745 | $241.4K | 0.00% | −162−3.3% | Reduced |
| VestGen Advisors, LLC | 4,739 | $241.1K | 0.01% | +141+3.1% | Added |
| Fulcrum Equity Management | 4,734 | $240.9K | 0.23% | −1,036−18.0% | Reduced |
| CoreFirst Bank & Trust | 4,723 | $240.3K | 0.13% | 00.0% | Unchanged |
| Flputnam Investment Management Co | 4,717 | $240.0K | 0.00% | +4,717 | New |
| Leavell Investment Management, Inc. | 4,696 | $238.9K | 0.01% | −1,469−23.8% | Reduced |
| Strategy Asset Managers LLC | 4,694 | $238.8K | 0.04% | +330+7.6% | Added |
| Westside Investment Management, Inc. | 4,630 | $238.4K | 0.04% | +1,800+63.6% | Added |
| Dara Capital US, Inc. | 4,630 | $235.6K | 0.21% | +4,630 | New |
| Corient IA LLC | 4,630 | $235.6K | 0.22% | −2,370−33.9% | Reduced |
| Evergreen Wealth Management, LLC | 4,592 | $233.7K | 0.12% | +4,592 | New |
| Raab & Moskowitz Asset Management LLC | 4,571 | $232.6K | 0.05% | −1,310−22.3% | Reduced |
| Clear Harbor Asset Management, LLC | 4,552 | $231.6K | 0.02% | +462+11.3% | Added |
| Peoples Financial Services Corp. | 4,536 | $230.8K | 0.11% | −2,155−32.2% | Reduced |
| Howland Capital Management LLC | 4,531 | $230.5K | 0.01% | −878−16.2% | Reduced |
| Ellevest, Inc. | 4,529 | $230.4K | 0.03% | −1,665−26.9% | Reduced |
| Foster Dykema Cabot & Partners, LLC | 4,526 | $230.3K | 0.01% | 00.0% | Unchanged |
| Telos Capital Management, Inc. | 4,519 | $229.9K | 0.02% | +117+2.7% | Added |
| Pavaki Capital Management LLC | 4,500 | $229.0K | 0.16% | +4,500 | New |
| Knights of Columbus Asset Advisors LLC | 4,493 | $228.6K | 0.01% | 00.0% | Unchanged |
| Martin Investment Management, LLC | 4,484 | $228.1K | 0.06% | −270,722−98.4% | Reduced |
| Frazier Financial Advisors, LLC | 4,478 | $227.9K | 0.13% | +1,550+52.9% | Added |
| Independence Bank of Kentucky | 4,472 | $227.5K | 0.03% | −763−14.6% | Reduced |
| Signet Private Wealth LLC | 4,468 | $227.3K | 0.22% | +4,468 | New |
| Tyche Wealth Partners LLC | 4,460 | $226.9K | 0.04% | +4,460 | New |
| Cornerstone Wealth Management, LLC | 4,445 | $226.2K | 0.01% | +500+12.7% | Added |
| Net Worth Advisory Group | 4,441 | $225.9K | 0.05% | −1,816−29.0% | Reduced |
| Chancellor Financial Group WB LP | 4,414 | $224.6K | 0.15% | +4,414 | New |
| Central Trust Co | 4,407 | $224.2K | 0.00% | −200−4.3% | Reduced |
| GTS Securities LLC | 4,391 | $223.4K | 0.01% | +4,391 | New |
| Pure Financial Advisors, Inc. | 4,373 | $222.5K | 0.00% | −908−17.2% | Reduced |
| Legacy Capital Wealth Partners, LLC | 4,363 | $222.0K | 0.05% | −788−15.3% | Reduced |
| Burns J W & Co Inc | 4,350 | $221.3K | 0.02% | −250−5.4% | Reduced |
| Xponance, Inc. | 4,348 | $221.2K | 0.00% | +457+11.7% | Added |
| 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 |
| Oxford Financial Group Ltd | 4,330 | $220.3K | 0.01% | +4,330 | New |
| NFP Retirement, Inc. | 4,319 | $219.7K | 0.01% | +38+0.9% | Added |
| Painted Porch Advisors LLC | 4,312 | $219.4K | 0.09% | 00.0% | Unchanged |
| One Wealth Capital Management, LLC | 4,301 | $218.8K | 0.09% | +4,301 | New |
| RIA Advisory Group LLC | 4,298 | $218.7K | 0.05% | −845−16.4% | Reduced |
| Aviso Financial Inc. | 4,292 | $218.4K | 0.01% | −25,309−85.5% | Reduced |
| IPG Investment Advisors LLC | 4,286 | $218.1K | 0.04% | +460+12.0% | Added |
| Plimoth Trust Co LLC | 4,275 | $217.5K | 0.05% | −1,420−24.9% | Reduced |
| Werba Rubin Papier Wealth Management | 4,270 | $217.3K | 0.06% | +241+6.0% | Added |
| Brucke Financial, Inc. | 4,260 | $216.7K | 0.12% | −633−12.9% | Reduced |
| Cooper Financial Group | 4,252 | $216.3K | 0.02% | −2,366−35.8% | Reduced |
| Beacon Financial Group | 4,248 | $216.1K | 0.02% | −59−1.4% | Reduced |
| LJI Wealth Management, LLC | 4,239 | $215.7K | 0.03% | +309+7.9% | Added |
| Edmond de Rothschild Holding S.A. | 4,225 | $215.0K | 0.00% | +4,225 | New |
| Colorado Capital Management, Inc. | 4,209 | $214.0K | 0.08% | 00.0% | Unchanged |
| Trajan Wealth LLC | 4,200 | $213.7K | 0.01% | +4,200 | New |
| International Assets Investment Management, LLC | 4,167 | $212.0K | 0.01% | −5,538−57.1% | Reduced |
| Wealthcare Advisory Partners LLC | 4,149 | $211.1K | 0.00% | +4,149 | New |
| Jefferson Bridge Capital, LLC | 4,149 | $211.1K | 0.21% | +4,149 | New |
| Everpar Advisors LLC | 4,145 | $210.9K | 0.08% | +119+3.0% | Added |
| Mesirow Financial Investment Management, Inc. | 4,134 | $210.3K | 0.00% | −6,320−60.5% | Reduced |
| Ocean Capital Management, LLC | 4,129 | $210.1K | 0.04% | −1,250−23.2% | Reduced |
| Fox Run Management, L.L.C. | 4,118 | $209.5K | 0.03% | −13,555−76.7% | Reduced |
| Marin Bay Wealth Advisors, LLC | 4,110 | $209.1K | 0.12% | +4,110 | New |
| Fedenia Advisers LLC | 4,101 | $208.7K | 0.08% | +21+0.5% | Added |
| Bank Julius Baer & Co. Ltd, Zurich | 4,066 | $206.9K | 0.00% | +2,693+196.1% | Added |
| Avise Financial Cooperative, Inc. | 4,041 | $205.6K | 0.19% | +4,041 | New |
| Paces Ferry Wealth Advisors, LLC | 4,040 | $205.6K | 0.08% | +39+1.0% | Added |
| Viawealth, LLC | 4,036 | $205.4K | 0.12% | −2,600−39.2% | Reduced |
| Journey Strategic Wealth LLC | 4,035 | $205.3K | 0.01% | −8−0.2% | Reduced |
| Verus Capital Partners, LLC | 4,027 | $204.9K | 0.01% | −503−11.1% | Reduced |
| TRUE Private Wealth Advisors | 4,017 | $204.4K | 0.02% | +9+0.2% | Added |
| Abundance Wealth Counselors | 4,007 | $203.9K | 0.03% | −786−16.4% | Reduced |
| WSFS Capital Management, LLC | 4,002 | $203.6K | 0.01% | +4,002 | New |
| Fca Corp | 4,000 | $203.5K | 0.06% | 00.0% | Unchanged |
| Krilogy Financial LLC | 3,181 | $203.5K | 0.01% | +3,181 | New |
| Gotham Asset Management, LLC | 3,987 | $202.9K | 0.00% | +3,987 | New |
| Encompass More Asset Management | 3,976 | $202.3K | 0.04% | −905−18.5% | Reduced |
| Kovack Advisors, Inc. | 3,962 | $201.6K | 0.01% | −147−3.6% | Reduced |
| Evolve Private Wealth, LLC | 3,954 | $201.2K | 0.01% | +3,954 | New |
| Mosaic Family Wealth Partners, LLC | 3,932 | $200.1K | 0.02% | −75−1.9% | Reduced |
| Key Financial Inc | 3,876 | $197.2K | 0.04% | −60−1.5% | Reduced |
| Rosenberg Matthew Hamilton | 3,843 | $195.5K | 0.04% | +127+3.4% | Added |
| Curat Global, LLC | 3,830 | $194.9K | 0.22% | 00.0% | Unchanged |
| Byrne Asset Management LLC | 3,602 | $183.3K | 0.10% | – | – |
| MSA Advisors, LLC | 3,500 | $178.1K | 0.04% | 00.0% | Unchanged |
| Winthrop Capital Management, LLC | 3,358 | $171.0K | 0.04% | −1,244−27.0% | Reduced |