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 |
|---|---|---|---|---|---|
| Spire Wealth Management | 3,294 | $167.6K | 0.01% | −1,111−25.2% | Reduced |
| Laurel Wealth Advisors LLC | 3,233 | $164.5K | 0.02% | +3,233 | New |
| LRI Investments, LLC | 3,194 | $162.5K | 0.01% | −2,196−40.7% | Reduced |
| Evelyn Partners Investment Management LLP | 3,141 | $159.8K | 0.00% | 00.0% | Unchanged |
| Hilltop National Bank | 3,120 | $158.7K | 0.04% | −156−4.8% | Reduced |
| TFC Financial Management | 3,031 | $154.2K | 0.02% | +90+3.1% | Added |
| Financial Network Wealth Advisors LLC | 3,006 | $152.9K | 0.16% | +29+1.0% | Added |
| Arcadia Investment Management Corp | 3,000 | $152.6K | 0.02% | 00.0% | Unchanged |
| Hollencrest Capital Management | 2,888 | $146.9K | 0.01% | −139−4.6% | Reduced |
| Keating Financial Advisory Services, Inc. | 2,878 | $146.4K | 0.02% | +2,878 | New |
| Miller Global Investments, LLC | 2,844 | $144.7K | 0.13% | +2,844 | New |
| NBC Securities, Inc. | 2,835 | $144.2K | 0.01% | −395−12.2% | Reduced |
| Migdal Insurance & Financial Holdings Ltd. | 2,780 | $141.0K | 0.00% | 00.0% | Unchanged |
| Highland Capital Management Fund Advisors, L.P. | 229,960 | $139.3K | 0.01% | +229,960 | New |
| Aventura Private Wealth, LLC | 2,539 | $129.2K | 0.05% | −535−17.4% | Reduced |
| BOK Financial Private Wealth, Inc. | 2,500 | $127.2K | 0.01% | 00.0% | Unchanged |
| Belvedere Trading LLC | 2,466 | $125.5K | 0.02% | +2,466 | New |
| Rexford Capital Inc | 2,436 | $123.9K | 0.09% | −400−14.1% | Reduced |
| Jessup Wealth Management, Inc | 2,435 | $123.9K | 0.04% | +2,435 | New |
| Wellington-Altus USA Inc. | 2,400 | $122.1K | 0.09% | +2,400 | New |
| Golden State Wealth Management, LLC | 2,389 | $121.6K | 0.01% | +887+59.1% | Added |
| Ancora Advisors, LLC | 2,381 | $121.1K | 0.00% | −556−18.9% | Reduced |
| Brentview Investment Management LLC | 2,334 | $118.8K | 0.05% | 00.0% | Unchanged |
| Princeton Global Asset Management LLC | 2,307 | $117.4K | 0.02% | 00.0% | Unchanged |
| Parkside Financial Bank & Trust | 2,302 | $117.1K | 0.01% | −1,103−32.4% | Reduced |
| Palladiem, LLC | 2,279 | $116.7K | 0.11% | +2,279 | New |
| Greykasell Wealth Strategies, Inc. | 2,269 | $115.4K | 0.05% | +112+5.2% | Added |
| HM Payson & Co | 2,225 | $113.2K | 0.00% | −293−11.6% | Reduced |
| Cito Capital Group, LLC | 2,206 | $112.0K | 0.03% | 00.0% | Unchanged |
| Sound Income Strategies, LLC | 1,791 | $111.6K | 0.01% | −10−0.6% | Reduced |
| Sunrise Financial Services, LLC | 2,184 | $111.1K | 0.08% | +2,184 | New |
| Center for Financial Planning, Inc. | 2,134 | $108.6K | 0.01% | +1,390+186.8% | Added |
| Westerkirk Capital Inc. | 2,128 | $108.3K | 0.01% | −2,472−53.7% | Reduced |
| N.E.W. Advisory Services LLC | 2,114 | $107.6K | 0.01% | +100+5.0% | Added |
| AdvisorNet Financial, Inc | 2,113 | $107.5K | 0.01% | +188+9.8% | Added |
| Jefferies Financial Group Inc. | 2,112 | $107.5K | 0.00% | −3,319−61.1% | Reduced |
| Newbridge Financial Services Group, Inc. | 2,102 | $106.9K | 0.02% | 00.0% | Unchanged |
| FNY Investment Advisers, LLC | 2,100 | $106.0K | 0.03% | +2,100 | New |
| General Partner, Inc. | 2,080 | $105.8K | 0.06% | 00.0% | Unchanged |
| Stephens Consulting, LLC | 2,050 | $104.3K | 0.03% | 00.0% | Unchanged |
| Parvin Asset Management, LLC | 2,015 | $102.5K | 0.08% | −1,200−37.3% | Reduced |
| Avalon Trust Co | 2,000 | $101.8K | 0.01% | −372−15.7% | Reduced |
| Strategic Wealth Partners, Ltd. | 1,996 | $101.6K | 0.01% | +40+2.0% | Added |
| Caitong International Asset Management Co., Ltd | 1,978 | $100.6K | 0.02% | −2,400−54.8% | Reduced |
| MSRH, LLC | 1,868 | $95.0K | 0.11% | +1,868 | New |
| Kerr Financial Planning Corp | 2,109 | $91.9K | 0.12% | +2,083+8,011.5% | Added |
| Gables Capital Management Inc. | 1,775 | $90.3K | 0.04% | −125−6.6% | Reduced |
| Asset Dedication, LLC | 1,755 | $89.3K | 0.01% | −610−25.8% | Reduced |
| JNBA Financial Advisors | 1,676 | $85.3K | 0.01% | 00.0% | Unchanged |
| Truvestments Capital LLC | 1,639 | $83.4K | 0.02% | −200−10.9% | Reduced |
| Larson Financial Group LLC | 1,618 | $82.3K | 0.00% | −1,774−52.3% | Reduced |
| Trifecta Capital Advisors, LLC | 1,616 | $82.2K | 0.01% | +1,000+162.3% | Added |
| Garner Asset Management Corp | 1,572 | $80.0K | 0.03% | +1,572 | New |
| WPG Advisers, LLC | 1,547 | $78.7K | 0.06% | −310−16.7% | Reduced |
| Addison Advisors LLC | 1,544 | $78.6K | 0.02% | −24−1.5% | Reduced |
| Cary Street Partner Investment Advisory LLC | 1,518 | $77.2K | 0.02% | +338+28.6% | Added |
| Nisa Investment Advisors, LLC | 1,502 | $76.4K | 0.00% | −198−11.6% | Reduced |
| North Star Investment Management Corp. | 1,496 | $76.1K | 0.00% | −558−27.2% | Reduced |
| First Horizon Corp | 1,496 | $76.1K | 0.00% | −155−9.4% | Reduced |
| TSFG, LLC | 1,500 | $76.0K | 0.01% | +599+66.5% | Added |
| Cornerstone Planning Group LLC | 1,251 | $75.5K | 0.01% | +1,195+2,133.9% | Added |
| Glen Eagle Advisors, LLC | 1,444 | $73.5K | 0.01% | −758−34.4% | Reduced |
| Crewe Advisors LLC | 1,439 | $73.2K | 0.01% | +6+0.4% | Added |
| S&T Bank | 1,430 | $72.8K | 0.02% | 00.0% | Unchanged |
| Entrust Financial LLC | 1,369 | $69.7K | 0.05% | +1,369 | New |
| SHP Wealth Management | 1,316 | $67.0K | 0.01% | +1,316 | New |
| Gilpin Wealth Management, LLC | 1,309 | $66.6K | 0.05% | +1,309 | New |
| Salomon & Ludwin, LLC | 1,185 | $65.3K | 0.01% | −300−20.2% | Reduced |
| Lodestone Wealth Management LLC | 1,248 | $63.5K | 0.03% | +1,248 | New |
| GPS Wealth Strategies Group, LLC | 1,201 | $61.1K | 0.05% | −3,620−75.1% | Reduced |
| Barrett & Company, Inc. | 1,189 | $60.5K | 0.02% | +20+1.7% | Added |
| Creative Financial Designs Inc | 1,170 | $59.5K | 0.00% | +1,012+640.5% | Added |
| Manitou Investment Management Ltd. | 1,159 | $59.0K | 0.01% | 00.0% | Unchanged |
| Investment Research & Advisory Group, Inc. | 1,115 | $56.7K | 0.02% | 00.0% | Unchanged |
| Washington Trust Advisors, Inc. | 1,081 | $55.0K | 0.00% | +83+8.3% | Added |
| Covestor Ltd | 1,077 | $55.0K | 0.03% | −123−10.3% | Reduced |
| Whipplewood Advisors, LLC | 1,074 | $54.6K | 0.04% | +74+7.4% | Added |
| Heritage Wealth Advisors | 1,050 | $53.4K | 0.00% | 00.0% | Unchanged |
| City State Bank | 1,040 | $52.9K | 0.01% | 00.0% | Unchanged |
| Optima Capital LLC | 1,034 | $52.6K | 0.02% | +1,034 | New |
| Pittenger & Anderson Inc | 1,015 | $51.6K | 0.00% | +915+915.0% | Added |
| Park Place Capital Corp | 1,000 | $50.9K | 0.01% | 00.0% | Unchanged |
| Winnow Wealth LLC | 988 | $50.4K | 0.04% | 00.0% | Unchanged |
| Evelyn Partners Investment Management Services Ltd | 985 | $50.1K | 0.01% | 00.0% | Unchanged |
| Farmers & Merchants Trust Co of Chambersburg PA | 955 | $49.0K | 0.01% | −1,254−56.8% | Reduced |
| Banque Transatlantique SA | 945 | $48.1K | 0.00% | −1,410−59.9% | Reduced |
| Elyxium Wealth, LLC | 926 | $47.1K | 0.01% | +926 | New |
| Olistico Wealth, LLC | 901 | $45.8K | 0.02% | +901 | New |
| Ritter Daniher Financial Advisory LLC | 895 | $45.5K | 0.01% | +677+310.6% | Added |
| Kennebec Savings Bank | 892 | $45.4K | 0.04% | 00.0% | Unchanged |
| Roble, Belko & Company, Inc | 892 | $45.0K | 0.01% | +434+94.8% | Added |
| Quent Capital, LLC | 870 | $44.3K | 0.00% | +144+19.8% | Added |
| Eagle Bay Advisors LLC | 859 | $43.7K | 0.03% | +859 | New |
| Quattro Advisors LLC | 859 | $43.7K | 0.03% | +859 | New |
| Bogart Wealth, LLC | 841 | $42.8K | 0.00% | −261−23.7% | Reduced |
| Provenance Wealth Advisors, LLC | 841 | $42.8K | 0.00% | 00.0% | Unchanged |
| Lavaca Capital LLC | 840 | $42.7K | 0.01% | 00.0% | Unchanged |
| Root Financial Partners, LLC | 837 | $42.6K | 0.00% | +21+2.6% | Added |
| Align Financial, LLC | 41,315 | $41.3K | 0.02% | +41,315 | New |
| Community Bank, N.A. | 806 | $41.0K | 0.00% | 00.0% | Unchanged |