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 |
|---|---|---|---|---|---|
| Greenline Partners, LLC | 39,476 | $2.01M | 0.23% | +39,476 | New |
| Sequoia Financial Advisors, LLC | 39,408 | $2.01M | 0.01% | +5,991+17.9% | Added |
| Pinnbrook Capital Management LP | 39,141 | $1.99M | 0.51% | +39,141 | New |
| Walled Lake Planning & Wealth Management, LLC | 38,985 | $1.98M | 0.63% | +27,900+251.7% | Added |
| Independent Advisor Alliance | 38,789 | $1.97M | 0.05% | +844+2.2% | Added |
| Ted Buchan & Co | 38,539 | $1.96M | 0.72% | +11,036+40.1% | Added |
| RFG Advisory, LLC | 37,988 | $1.93M | 0.04% | −15,980−29.6% | Reduced |
| Torrey Growth & Income Advisors | 37,893 | $1.93M | 0.67% | +32,992+673.2% | Added |
| Patten & Patten Inc | 37,553 | $1.91M | 0.11% | +4,721+14.4% | Added |
| Rare Wolf Capital LLC | 37,465 | $1.91M | 1.19% | +37,465 | New |
| EP Wealth Advisors, LLC | 37,248 | $1.90M | 0.01% | +37,248 | New |
| Boston Family Office LLC | 37,120 | $1.89M | 0.12% | +1,447+4.1% | Added |
| Norman Fields, Gottscho Capital Management, LLC | 36,937 | $1.88M | 0.61% | −8,200−18.2% | Reduced |
| Adviser Investments LLC | 36,710 | $1.87M | 0.02% | −157,221−81.1% | Reduced |
| XTX Topco Ltd | 36,518 | $1.86M | 0.05% | +29,643+431.2% | Added |
| Roundview Capital LLC | 36,404 | $1.85M | 0.11% | −2,776−7.1% | Reduced |
| Garrison Point Advisors, LLC | 36,268 | $1.85M | 0.82% | 00.0% | Unchanged |
| Choate Investment Advisors | 36,221 | $1.84M | 0.04% | −84,348−70.0% | Reduced |
| Beacon Pointe Advisors, LLC | 36,039 | $1.83M | 0.01% | +10,661+42.0% | Added |
| Three Bridge Wealth Advisors, LLC | 35,871 | $1.83M | 0.48% | +3,110+9.5% | Added |
| Burkett Asset Management Ltd | 35,835 | $1.82M | 1.84% | +35,835 | New |
| A. D. Beadell Investment Counsel, Inc. | 35,833 | $1.82M | 1.18% | +1,605+4.7% | Added |
| Benedict Financial Advisors Inc | 35,527 | $1.81M | 0.38% | −237−0.7% | Reduced |
| Vise Technologies, Inc. | 35,214 | $1.79M | 0.04% | +8,485+31.7% | Added |
| Woodmont Investment Counsel LLC | 35,064 | $1.78M | 0.11% | −1,459−4.0% | Reduced |
| JCIC Asset Management Inc. | 35,014 | $1.78M | 0.54% | −1,085−3.0% | Reduced |
| Lighthouse Investment Partners, LLC | 35,000 | $1.78M | 0.06% | +35,000 | New |
| Voya Investment Management LLC | 34,940 | $1.78M | 0.00% | +5,645+19.3% | Added |
| Greenleaf Trust | 34,504 | $1.76M | 0.02% | +473+1.4% | Added |
| Dorsey & Whitney Trust CO LLC | 34,369 | $1.75M | 0.09% | +5,500+19.1% | Added |
| Advisors Asset Management, Inc. | 34,255 | $1.74M | 0.03% | −8,880−20.6% | Reduced |
| Romano Brothers and Company | 34,236 | $1.74M | 0.20% | +29,978+704.0% | Added |
| Allen Wealth Management, LLC | 34,151 | $1.74M | 1.05% | +3,246+10.5% | Added |
| Cresset Asset Management, LLC | 33,936 | $1.73M | 0.01% | +1,622+5.0% | Added |
| Benjamin Edwards Inc | 33,901 | $1.72M | 0.02% | +4,547+15.5% | Added |
| Augustine Asset Management Inc | 33,848 | $1.72M | 0.34% | −784−2.3% | Reduced |
| Global Retirement Partners, LLC | 33,703 | $1.71M | 0.03% | +19,863+143.5% | Added |
| Venturi Wealth Management, LLC | 33,373 | $1.70M | 0.08% | +1,265+3.9% | Added |
| Savvy Advisors, Inc. | 33,327 | $1.70M | 0.05% | −15,497−31.7% | Reduced |
| Principal Securities, Inc. | 33,265 | $1.69M | 0.03% | +646+2.0% | Added |
| J.W. Cole Advisors, Inc. | 34,691 | $1.68M | 0.04% | +17,653+103.6% | Added |
| Longitude (Cayman) Ltd. | 33,000 | $1.68M | 1.45% | +33,000 | New |
| Connor, Clark & Lunn Investment Management Ltd. | 32,921 | $1.68M | 0.00% | −2,337−6.6% | Reduced |
| Naples Global Advisors, LLC | 32,672 | $1.66M | 0.12% | +7,345+29.0% | Added |
| Potomac Fund Management Inc | 32,510 | $1.65M | 0.06% | +13,033+66.9% | Added |
| Sepio Capital, LP | 32,508 | $1.65M | 0.09% | −1,079−3.2% | Reduced |
| Guggenheim Capital LLC | 32,285 | $1.64M | 0.01% | +2,892+9.8% | Added |
| Flow Traders U.S. LLC | 32,196 | $1.64M | 0.05% | −8,925−21.7% | Reduced |
| Naviter Wealth, LLC | 32,131 | $1.63M | 0.21% | −12,419−27.9% | Reduced |
| Y-Intercept (Hong Kong) Ltd | 31,886 | $1.62M | 0.04% | +10,641+50.1% | Added |
| Manhattan West Asset Management, LLC | 31,811 | $1.62M | 0.33% | −8,558−21.2% | Reduced |
| Marshall Financial Group LLC | 31,689 | $1.61M | 0.31% | +27,782+711.1% | Added |
| Allspring Global Investments Holdings, LLC | 30,744 | $1.61M | 0.00% | −56,238−64.7% | Reduced |
| Acumen Wealth Advisors, LLC | 31,601 | $1.61M | 0.46% | +31,601 | New |
| Cox Capital Mgt LLC | 26,900 | $1.60M | 1.00% | +1,768+7.0% | Added |
| Channing Global Advisors, LLC | 31,526 | $1.60M | 1.03% | +7,650+32.0% | Added |
| Kavar Capital Partners Group, LLC | 31,509 | $1.60M | 0.22% | −1,122−3.4% | Reduced |
| Commons Capital, LLC | 31,500 | $1.60M | 1.13% | +1,500+5.0% | Added |
| Voleon Capital Management LP | 31,433 | $1.60M | 0.03% | +31,433 | New |
| DGS Capital Management, LLC | 31,281 | $1.59M | 0.27% | +1,939+6.6% | Added |
| Global X Japan Co., Ltd. | 30,893 | $1.57M | 0.12% | +10,091+48.5% | Added |
| Pinnacle Financial Partners, Inc. | 30,883 | $1.57M | 0.01% | +30,883 | New |
| Exencial Wealth Advisors, LLC | 30,626 | $1.56M | 0.05% | +4,721+18.2% | Added |
| Kestra Private Wealth Services, LLC | 30,342 | $1.54M | 0.02% | +8,795+40.8% | Added |
| Atomi Financial Group, Inc. | 30,337 | $1.54M | 0.05% | +2,294+8.2% | Added |
| Clean Yield Group | 30,141 | $1.53M | 0.43% | 00.0% | Unchanged |
| HighPoint Advisor Group LLC | 30,079 | $1.53M | 0.03% | +10,165+51.0% | Added |
| Frank, Rimerman Advisors LLC | 30,069 | $1.53M | 0.10% | +8,403+38.8% | Added |
| HB Wealth Management, LLC | 29,959 | $1.52M | 0.01% | −2,595−8.0% | Reduced |
| Stephens Inc | 29,946 | $1.52M | 0.02% | +4,818+19.2% | Added |
| Mattern Capital Management, LLC | 29,800 | $1.52M | 0.18% | +10,019+50.6% | Added |
| MMBG Investment Advisors Co. | 29,755 | $1.51M | 0.13% | −1,877−5.9% | Reduced |
| Ingalls & Snyder LLC | 29,478 | $1.50M | 0.06% | −17,246−36.9% | Reduced |
| Karani Asset Management LLC | 29,340 | $1.49M | 1.31% | −7,669−20.7% | Reduced |
| Aureus Asset Management, LLC | 29,304 | $1.49M | 0.09% | −433−1.5% | Reduced |
| Strive Financial Group ,LLC | 29,188 | $1.49M | 0.79% | +29,188 | New |
| Lowe Brockenbrough & Co Inc | 29,016 | $1.48M | 0.07% | −1,609−5.3% | Reduced |
| Regions Financial Corp | 29,003 | $1.48M | 0.01% | +9,150+46.1% | Added |
| Grace & White Inc | 29,000 | $1.48M | 0.26% | 00.0% | Unchanged |
| Forum Financial Management, LP | 28,571 | $1.45M | 0.02% | −23−0.1% | Reduced |
| Lockheed Martin Investment Management Co | 27,950 | $1.42M | 0.05% | 00.0% | Unchanged |
| Ballentine Partners, LLC | 27,892 | $1.42M | 0.02% | −907−3.1% | Reduced |
| Advisory Resource Group | 27,523 | $1.40M | 0.25% | +5,007+22.2% | Added |
| Bamco Inc | 27,426 | $1.40M | 0.00% | +5,985+27.9% | Added |
| Fortune Financial Advisors, LLC | 27,127 | $1.38M | 0.93% | −2,434−8.2% | Reduced |
| Union Heritage Capital, LLC | 27,073 | $1.38M | 0.47% | −10,455−27.9% | Reduced |
| Burney Co | 27,010 | $1.37M | 0.04% | +27,010 | New |
| Chicago Partners Investment Group LLC | 22,072 | $1.37M | 0.03% | +1,686+8.3% | Added |
| Harrington Investments, INC | 26,919 | $1.37M | 0.69% | +1,165+4.5% | Added |
| IFP Advisors, Inc | 26,917 | $1.37M | 0.03% | +13,208+96.3% | Added |
| Virtu Financial LLC | 26,795 | $1.36M | 0.05% | −7,517−21.9% | Reduced |
| Abacus Wealth Partners, LLC | 26,665 | $1.36M | 0.13% | +26,665 | New |
| FORA Capital, LLC | 19,726 | $1.35M | 0.16% | −2,611−11.7% | Reduced |
| Roberts Glore & Co Inc | 26,148 | $1.33M | 0.35% | −668−2.5% | Reduced |
| Teewinot Capital Advisers, L.L.C. | 26,125 | $1.33M | 0.10% | 00.0% | Unchanged |
| Qtron Investments LLC | 26,006 | $1.32M | 0.17% | −1,663−6.0% | Reduced |
| Trust Co of Vermont | 25,899 | $1.32M | 0.06% | +288+1.1% | Added |
| Limestone Investment Advisors LP | 25,777 | $1.31M | 0.89% | −12,016−31.8% | Reduced |
| Toroso Investments, LLC | 25,587 | $1.30M | 0.01% | −29,227−53.3% | Reduced |
| Catalytic Wealth RIA, LLC | 25,533 | $1.30M | 0.05% | +5,266+26.0% | Added |