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 |
|---|---|---|---|---|---|
| TD Waterhouse Canada Inc. | 63,446 | $3.23M | 0.02% | −6,018−8.7% | Reduced |
| HRT Financial LP | 63,378 | $3.22M | 0.01% | −177,658−73.7% | Reduced |
| Thompson Siegel & Walmsley LLC | 63,246 | $3.22M | 0.05% | −1,846−2.8% | Reduced |
| B&L Asset Management LLC | 62,759 | $3.19M | 1.44% | +2,915+4.9% | Added |
| Bleakley Financial Group, LLC | 62,543 | $3.18M | 0.06% | +1,221+2.0% | Added |
| Eastover Investment Advisors LLC | 62,453 | $3.18M | 1.40% | +2,642+4.4% | Added |
| Meridian Investment Counsel Inc. | 62,252 | $3.17M | 0.76% | +6,760+12.2% | Added |
| CMT Capital Markets Trading GmbH | 62,226 | $3.17M | 2.10% | +2,937+5.0% | Added |
| Boston Common Asset Management, LLC | 61,958 | $3.15M | 0.19% | −4,526−6.8% | Reduced |
| Signaturefd, LLC | 61,241 | $3.12M | 0.05% | −4,506−6.9% | Reduced |
| Peloton Wealth Strategists | 61,180 | $3.11M | 1.21% | +24,300+65.9% | Added |
| Apollon Wealth Management, LLC | 60,830 | $3.10M | 0.05% | +6,093+11.1% | Added |
| Snowden Capital Advisors LLC | 60,555 | $3.08M | 0.08% | +22,721+60.1% | Added |
| Oversea-Chinese Banking CORP Ltd | 59,444 | $3.06M | 0.08% | +45,785+335.2% | Added |
| Beutel, Goodman & Co Ltd. | 60,013 | $3.05M | 0.02% | −3,425−5.4% | Reduced |
| Wendell David Associates Inc | 59,793 | $3.04M | 0.31% | −6,054−9.2% | Reduced |
| FourThought Financial Partners, LLC | 59,691 | $3.04M | 0.26% | −2,856−4.6% | Reduced |
| Factory Mutual Insurance Co | 59,614 | $3.03M | 0.03% | 00.0% | Unchanged |
| Brown, Lisle/Cummings, Inc. | 59,095 | $3.01M | 0.74% | +4,212+7.7% | Added |
| Crossmark Global Holdings, Inc. | 58,905 | $3.00M | 0.04% | +1,540+2.7% | Added |
| Ritholtz Wealth Management | 58,739 | $2.99M | 0.05% | −14,443−19.7% | Reduced |
| Ssa Swiss Advisors AG | 58,536 | $2.98M | 1.39% | −1,365−2.3% | Reduced |
| Bennett Selby Investments LP | 58,427 | $2.97M | 0.96% | +2,731+4.9% | Added |
| Bank Hapoalim BM | 57,570 | $2.93M | 0.25% | +24,940+76.4% | Added |
| Prime Capital Investment Advisors, LLC | 57,540 | $2.93M | 0.04% | −1,061−1.8% | Reduced |
| Allen Capital Group, LLC | 57,464 | $2.92M | 0.27% | −820−1.4% | Reduced |
| Iams Wealth Management, LLC | 56,963 | $2.90M | 1.05% | +7,685+15.6% | Added |
| Capital Advisory Group Advisory Services, LLC | 56,916 | $2.90M | 0.85% | −490−0.9% | Reduced |
| Harbour Investment Management LLC | 56,480 | $2.87M | 1.52% | −18,121−24.3% | Reduced |
| Rhumbline Advisers | 56,080 | $2.85M | 0.00% | −1,302−2.3% | Reduced |
| Umb Bank N A | 55,552 | $2.83M | 0.04% | +8,722+18.6% | Added |
| Motley Fool Wealth Management, LLC | 55,362 | $2.82M | 0.22% | −11,785−17.6% | Reduced |
| RKL Wealth Management LLC | 54,311 | $2.76M | 0.23% | −25,192−31.7% | Reduced |
| Campbell & CO Investment Adviser LLC | 53,853 | $2.74M | 0.13% | +33,850+169.2% | Added |
| Autumn Glory Partners, LLC | 53,634 | $2.73M | 0.96% | +5,552+11.5% | Added |
| Advisory Services Network, LLC | 53,385 | $2.72M | 0.04% | −45,465−46.0% | Reduced |
| Eukles Asset Management | 52,933 | $2.69M | 1.05% | 00.0% | Unchanged |
| Dynamic Advisor Solutions LLC | 52,856 | $2.69M | 0.09% | +21,767+70.0% | Added |
| Journey Retirement Planning & Investment Management LLC | 50,860 | $2.59M | 0.53% | +50,860 | New |
| Old National Bancorp | 50,785 | $2.58M | 0.04% | +38,631+317.8% | Added |
| Group One Trading, L.P. | 50,274 | $2.56M | 0.08% | −128,309−71.8% | Reduced |
| Havemeyer Place LP | 50,223 | $2.56M | 0.50% | +50,223 | New |
| Keybank National Association | 50,211 | $2.55M | 0.01% | −6,806−11.9% | Reduced |
| Loudon Investment Management, LLC | 50,183 | $2.55M | 1.33% | −5,198−9.4% | Reduced |
| Truffle Hound Capital, LLC | 50,000 | $2.54M | 1.49% | 00.0% | Unchanged |
| Ieq Capital, LLC | 49,990 | $2.54M | 0.01% | +2,068+4.3% | Added |
| Bank of Nova Scotia | 49,967 | $2.54M | 0.00% | +20,793+71.3% | Added |
| Auxano Advisors, LLC | 49,904 | $2.54M | 0.50% | +3,064+6.5% | Added |
| Longfellow Investment Management Co LLC | 49,800 | $2.53M | 0.57% | 00.0% | Unchanged |
| BFSG, LLC | 49,290 | $2.51M | 0.24% | −74,674−60.2% | Reduced |
| Henry James International Management, Inc. | 49,201 | $2.50M | 0.79% | −90.0% | Reduced |
| Tevis Investment Management | 44,700 | $2.48M | 1.49% | 00.0% | Unchanged |
| Mutual Advisors, LLC | 48,523 | $2.47M | 0.05% | +933+2.0% | Added |
| 1832 Asset Management L.P. | 48,375 | $2.46M | 0.00% | +48,375 | New |
| Wilson & Boucher Capital Management, LLC | 48,038 | $2.44M | 1.61% | −3,115−6.1% | Reduced |
| Sawyer & Company, Inc | 47,573 | $2.42M | 0.86% | −9,120−16.1% | Reduced |
| Rodgers Brothers Inc. | 47,350 | $2.41M | 0.29% | +47,350 | New |
| Equitable Trust Co | 47,310 | $2.41M | 0.11% | −793−1.6% | Reduced |
| South State Corp. | 47,013 | $2.39M | 0.11% | −801−1.7% | Reduced |
| Bradley Foster & Sargent Inc | 46,688 | $2.38M | 0.03% | −1,327−2.8% | Reduced |
| Capital Research Global Investors | 46,323 | $2.37M | 0.00% | −2,903−5.9% | Reduced |
| Meridian Wealth Management, LLC | 46,335 | $2.36M | 0.08% | +33,666+265.7% | Added |
| Yousif Capital Management, LLC | 38,849 | $2.36M | 0.03% | 00.0% | Unchanged |
| Blair William & Co | 46,270 | $2.35M | 0.01% | +9,982+27.5% | Added |
| Ethic Inc. | 46,270 | $2.35M | 0.04% | −22,884−33.1% | Reduced |
| Sentinel Trust Co Lba | 46,238 | $2.35M | 0.23% | 00.0% | Unchanged |
| Portside Wealth Group, LLC | 46,237 | $2.35M | 0.32% | −3,178−6.4% | Reduced |
| WealthTrust Axiom LLC | 46,063 | $2.34M | 0.60% | +10,073+28.0% | Added |
| Sofos Investments, Inc. | 46,020 | $2.34M | 0.45% | +7,132+18.3% | Added |
| D.A. Davidson & Co. | 45,631 | $2.32M | 0.01% | +5,397+13.4% | Added |
| Parallax Volatility Advisers, L.P. | 45,426 | $2.31M | 0.07% | +29,709+189.0% | Added |
| Park Avenue Securities LLC | 45,335 | $2.31M | 0.02% | −19,852−30.5% | Reduced |
| Cardinal Capital Management | 45,310 | $2.31M | 0.31% | −5,318−10.5% | Reduced |
| Coppell Advisory Solutions LLC | 44,997 | $2.30M | 0.23% | +8,530+23.4% | Added |
| Compagnie Lombard Odier SCmA | 45,160 | $2.30M | 0.02% | −675−1.5% | Reduced |
| Aurora Investment Counsel | 44,385 | $2.26M | 1.19% | +5,706+14.8% | Added |
| ICW Investment Advisors LLC | 44,340 | $2.26M | 0.82% | −235−0.5% | Reduced |
| Equitable Holdings, Inc. | 44,289 | $2.25M | 0.02% | −4,649−9.5% | Reduced |
| CAPROCK Group, Inc. | 44,097 | $2.24M | 0.05% | −5,208−10.6% | Reduced |
| Sterling Capital Management LLC | 43,772 | $2.23M | 0.04% | +3,664+9.1% | Added |
| Parallel Advisors, LLC | 43,718 | $2.22M | 0.04% | −2,142−4.7% | Reduced |
| Merit Financial Group, LLC | 43,039 | $2.19M | 0.02% | +22,844+113.1% | Added |
| Beverly Hills Private Wealth, LLC | 42,981 | $2.19M | 0.37% | −2,920−6.4% | Reduced |
| Coldstream Capital Management Inc | 42,697 | $2.17M | 0.03% | −2,476−5.5% | Reduced |
| MAI Capital Management | 42,696 | $2.17M | 0.01% | −564−1.3% | Reduced |
| Fifth Third Bancorp | 42,160 | $2.15M | 0.01% | +978+2.4% | Added |
| Cantor Fitzgerald Investment Adviser L.P. | 42,100 | $2.14M | 0.16% | +18,775+80.5% | Added |
| Lynx Capital Group Ltd | 42,096 | $2.14M | 0.98% | −513−1.2% | Reduced |
| Ravenswood Partners LP | 41,825 | $2.13M | 0.71% | +1,221+3.0% | Added |
| Vident Advisory, LLC | 41,663 | $2.12M | 0.02% | −4,960−10.6% | Reduced |
| Stratos Wealth Partners, LTD. | 41,591 | $2.12M | 0.02% | +5,064+13.9% | Added |
| Brooklands Fund Management Ltd | 35,470 | $2.11M | 1.13% | +35,470 | New |
| North Star Asset Management Inc | 41,046 | $2.09M | 0.08% | −1,603−3.8% | Reduced |
| Bartlett & Co. Wealth Management LLC | 40,911 | $2.08M | 0.03% | −105−0.3% | Reduced |
| Envestnet Portfolio Solutions, Inc. | 40,429 | $2.06M | 0.01% | −1,056−2.5% | Reduced |
| Destination Wealth Management | 40,183 | $2.04M | 0.05% | −1,657−4.0% | Reduced |
| Bessemer Group Inc | 40,020 | $2.04M | 0.00% | −16,913−29.7% | Reduced |
| State of Wisconsin Investment Board | 40,000 | $2.04M | 0.00% | +40,000 | New |
| Centaurus Financial, Inc. | 39,747 | $2.02M | 0.09% | +13,181+49.6% | Added |
| Harbour Trust & Investment Management Co | 39,696 | $2.02M | 0.21% | −61,866−60.9% | Reduced |