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 |
|---|---|---|---|---|---|
| T. Rowe Price Investment Management, Inc. | 802 | $41.0K | 0.00% | +802 | New |
| Kingdom Financial Group LLC. | 801 | $40.8K | 0.01% | +801 | New |
| Rocky Mountain Advisers, LLC | 800 | $40.7K | 0.01% | 00.0% | Unchanged |
| Missouri Trust & Investment Co | 800 | $40.7K | 0.01% | 00.0% | Unchanged |
| JFS Wealth Advisors, LLC | 797 | $40.6K | 0.00% | −359−31.1% | Reduced |
| Westfuller Advisors, LLC | 795 | $40.5K | 0.02% | −86−9.8% | Reduced |
| Solstein Capital, LLC | 794 | $40.4K | 0.02% | 00.0% | Unchanged |
| Colonial Trust Co | 793 | $40.3K | 0.01% | −71−8.2% | Reduced |
| Ameriflex Group, Inc. | 770 | $39.2K | 0.02% | −816−51.5% | Reduced |
| Trust Co of Toledo NA | 700 | $35.6K | 0.00% | −156−18.2% | Reduced |
| Kozak & Associates, Inc. | 593 | $34.9K | 0.01% | 00.0% | Unchanged |
| Hager Investment Management Services, LLC | 684 | $34.8K | 0.02% | +154+29.1% | Added |
| DV Trading LLC | 676 | $34.4K | 0.00% | +676 | New |
| GW&K Investment Management, LLC | 642 | $33.0K | 0.00% | +200+45.2% | Added |
| Oakworth Capital, Inc. | 619 | $31.5K | 0.00% | +182+41.6% | Added |
| Quaker Wealth Management, LLC | 615 | $31.3K | 0.01% | +400+186.0% | Added |
| Transamerica Financial Advisors, Inc. | 603 | $30.7K | 0.00% | +403+201.5% | Added |
| Granite FO LLC | 590 | $30.0K | 0.02% | 00.0% | Unchanged |
| Maseco LLP | 574 | $29.2K | 0.00% | +574 | New |
| Close Asset Management Ltd | 570 | $29.0K | 0.00% | −583−50.6% | Reduced |
| Jackson, Grant Investment Advisers, Inc. | 561 | $28.5K | 0.01% | +561 | New |
| CX Institutional | 548 | $28.0K | 0.00% | +68+14.2% | Added |
| Accent Capital Management, LLC | 550 | $28.0K | 0.01% | +182+49.5% | Added |
| Halbert Hargrove Global Advisors, LLC | 549 | $27.9K | 0.00% | 00.0% | Unchanged |
| American National Bank | 543 | $27.6K | 0.00% | +543 | New |
| Pinnacle Bancorp, Inc. | 542 | $27.6K | 0.01% | 00.0% | Unchanged |
| Dunhill Financial, LLC | 540 | $27.5K | 0.01% | −532−49.6% | Reduced |
| WealthCollab, LLC | 538 | $27.4K | 0.01% | +260+93.5% | Added |
| United Financial Planning Group LLC | 538 | $27.4K | 0.02% | +129+31.5% | Added |
| Steigerwald, Gordon & Koch Inc. | 534 | $27.2K | 0.00% | −170−24.1% | Reduced |
| Allianz SE | 506 | $25.7K | 0.00% | −72−12.5% | Reduced |
| Costello Asset Management, INC | 503 | $25.6K | 0.01% | −418−45.4% | Reduced |
| Merited Wealth, LLC | 501 | $25.5K | 0.02% | +501 | New |
| Chelsea Counsel Co | 500 | $25.4K | 0.01% | 00.0% | Unchanged |
| Godfrey Financial Associates, Inc. | 493 | $25.1K | 0.02% | +493 | New |
| Indiana Trust & Investment Management CO | 491 | $25.0K | 0.01% | 00.0% | Unchanged |
| Atwood & Palmer Inc | 488 | $24.8K | 0.00% | 00.0% | Unchanged |
| Red Tortoise LLC | 476 | $24.2K | 0.01% | 00.0% | Unchanged |
| Thurston, Springer, Miller, Herd & Titak, Inc. | 472 | $24.0K | 0.01% | +472 | New |
| Glass Jacobson Investment Advisors llc | 470 | $23.9K | 0.01% | +100+27.0% | Added |
| J.Safra Asset Management Corp | 466 | $23.7K | 0.00% | +466 | New |
| POM Investment Strategies, LLC | 454 | $23.1K | 0.01% | −40−8.1% | Reduced |
| Highline Wealth Partners LLC | 452 | $23.0K | 0.01% | −83−15.5% | Reduced |
| DAGCO, Inc. | 450 | $22.9K | 0.01% | 00.0% | Unchanged |
| Kelly Lawrence W & Associates Inc | 450 | $22.9K | 0.01% | 00.0% | Unchanged |
| Private Wealth Asset Management, LLC | 444 | $22.6K | 0.00% | −541−54.9% | Reduced |
| Rossby Financial, LCC | 440 | $22.4K | 0.01% | +10+2.3% | Added |
| Pingora Partners LLC | 440 | $22.4K | 0.01% | +200+83.3% | Added |
| Baillie Gifford & Co | 437 | $22.2K | 0.00% | +123+39.2% | Added |
| Curio Wealth, LLC | 415 | $21.8K | 0.01% | +415 | New |
| Reflection Asset Management | 395 | $21.5K | 0.02% | +395 | New |
| Disciplina Capital Management LLC | 416 | $21.2K | 0.00% | 00.0% | Unchanged |
| Plante Moran Financial Advisors, LLC | 415 | $21.1K | 0.00% | −75−15.3% | Reduced |
| Financial Management Professionals, Inc. | 409 | $20.8K | 0.00% | −128−23.8% | Reduced |
| Roxbury Financial LLC | 400 | $20.4K | 0.02% | 00.0% | Unchanged |
| BankPlus Trust Department | 400 | $20.4K | 0.01% | +400 | New |
| Pin Oak Investment Advisors Inc | 412 | $20.0K | 0.01% | −13−3.1% | Reduced |
| Prestige Wealth Management Group LLC | 379 | $19.3K | 0.00% | 00.0% | Unchanged |
| Raffa Wealth Management, LLC | 367 | $18.7K | 0.00% | +30+8.9% | Added |
| First Command Advisory Services, Inc. | 366 | $18.6K | 0.00% | +36+10.9% | Added |
| Strategic Investment Solutions, Inc. | 365 | $18.6K | 0.00% | 00.0% | Unchanged |
| True Wealth Design, LLC | 358 | $18.2K | 0.01% | −85−19.2% | Reduced |
| Copeland Capital Management, LLC | 357 | $18.2K | 0.00% | −284−44.3% | Reduced |
| Albion Financial Group | 353 | $18.0K | 0.00% | 00.0% | Unchanged |
| Bell Investment Advisors, Inc | 353 | $18.0K | 0.00% | +7+2.0% | Added |
| Basepoint Wealth LLC | 342 | $17.4K | 0.01% | +342 | New |
| Ogorek Anthony Joseph | 340 | $17.0K | 0.00% | +340 | New |
| UMA Financial Services, Inc. | 331 | $16.8K | 0.00% | −56−14.5% | Reduced |
| NorthAvenue LLC | 331 | $16.8K | 0.01% | +331 | New |
| Johnson Financial Group, Inc. | 327 | $16.6K | 0.00% | −357−52.2% | Reduced |
| IAG Wealth Partners, LLC | 326 | $16.6K | 0.00% | 00.0% | Unchanged |
| Atlantic Edge Private Wealth Management, LLC | 325 | $16.5K | 0.00% | +50+18.2% | Added |
| SJS Investment Consulting Inc. | 321 | $16.3K | 0.00% | +171+114.0% | Added |
| Modus Advisors, LLC | 310 | $15.8K | 0.00% | +310 | New |
| Citizens National Bank Trust Department | 300 | $15.3K | 0.00% | 00.0% | Unchanged |
| MTM Investment Management, LLC | 300 | $15.3K | 0.00% | 00.0% | Unchanged |
| Pacific Center for Financial Services | 270 | $15.0K | 0.00% | 00.0% | Unchanged |
| Caitlin John, LLC | 292 | $14.9K | 0.01% | +262+873.3% | Added |
| Vision Retirement, LLC | 286 | $14.6K | 0.00% | +286 | New |
| Triumph Capital Management | 278 | $14.1K | 0.00% | +278 | New |
| Silicon Valley Capital Partners | 276 | $14.0K | 0.00% | 00.0% | Unchanged |
| Redmont Wealth Advisors LLC | 268 | $13.6K | 0.02% | 00.0% | Unchanged |
| Signature Equity Partners, LLC | 266 | $13.5K | 0.01% | +266 | New |
| MPWM Advisory Solutions, LLC | 260 | $13.2K | 0.01% | 00.0% | Unchanged |
| Bullock Wealth Management Group | 256 | $13.0K | 0.01% | −50−16.3% | Reduced |
| Medallion Wealth Advisors, LLC | 256 | $13.0K | 0.00% | −20−7.2% | Reduced |
| Centerpoint Advisors, LLC | 250 | $13.0K | 0.00% | −2,175−89.7% | Reduced |
| Evermay Wealth Management LLC | 250 | $12.7K | 0.00% | 00.0% | Unchanged |
| Innovative Advisory Group, LLC | 250 | $12.7K | 0.01% | 00.0% | Unchanged |
| Piscataqua Savings Bank | 250 | $12.7K | 0.01% | 00.0% | Unchanged |
| Kohmann Bosshard Financial Services, LLC | 246 | $12.5K | 0.00% | +246 | New |
| Vermillion & White Wealth Management Group, LLC | 241 | $12.3K | 0.01% | −50−17.2% | Reduced |
| ORG Partners LLC | 240 | $12.2K | 0.00% | −460−65.7% | Reduced |
| Bank & Trust Co | 233 | $11.9K | 0.01% | −24−9.3% | Reduced |
| Hilton Head Capital Partners, LLC | 231 | $11.8K | 0.01% | +231 | New |
| CVA Family Office, LLC | 230 | $11.7K | 0.00% | 00.0% | Unchanged |
| Hartford Financial Management Inc. | 228 | $11.6K | 0.00% | −90−28.3% | Reduced |
| MJT & Associates Financial Advisory Group, Inc. | 224 | $11.4K | 0.01% | 00.0% | Unchanged |
| Caldwell Sutter Capital, Inc. | 222 | $11.3K | 0.00% | −90−28.8% | Reduced |
| Caldwell Trust Co | 220 | $11.2K | 0.00% | −1,447−86.8% | Reduced |