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 |
|---|---|---|---|---|---|
| Bangor Savings Bank | 25,516 | $1.30M | 0.10% | −2,455−8.8% | Reduced |
| SBI Securities Co., Ltd. | 25,499 | $1.30M | 0.03% | +615+2.5% | Added |
| Forefront Wealth Management Inc. | 25,451 | $1.29M | 0.93% | +25,451 | New |
| Perfromance Wealth Partners, LLC | 25,409 | $1.29M | 0.04% | −1,898−7.0% | Reduced |
| Chilton Investment Co LLC | 25,397 | $1.29M | 0.03% | +25,397 | New |
| Alliance Wealth Advisors, LLC | 25,278 | $1.29M | 0.28% | −8,170−24.4% | Reduced |
| Guardcap Asset Management Ltd | 25,221 | $1.28M | 0.03% | −114−0.4% | Reduced |
| DKRT Investments Corp. | 25,000 | $1.27M | 0.36% | 00.0% | Unchanged |
| Resources Investment Advisors, LLC. | 24,984 | $1.27M | 0.01% | −4,189−14.4% | Reduced |
| Private Wealth Partners, LLC | 24,950 | $1.27M | 0.09% | +3,312+15.3% | Added |
| GSB Wealth Management, LLC | 24,944 | $1.27M | 0.29% | −148−0.6% | Reduced |
| Freestone Capital Holdings, LLC | 24,924 | $1.27M | 0.04% | −32,133−56.3% | Reduced |
| Sit Investment Associates Inc | 24,650 | $1.25M | 0.02% | 00.0% | Unchanged |
| Trivant Custom Portfolio Group, LLC | 24,604 | $1.25M | 0.72% | +608+2.5% | Added |
| Runnymede Capital Advisors, Inc. | 24,604 | $1.25M | 0.72% | +24,604 | New |
| Union Bancaire Privee, UBP SA | 28,590 | $1.25M | 0.02% | +350+1.2% | Added |
| CIBC Asset Management Inc | 24,487 | $1.25M | 0.00% | −9,539−28.0% | Reduced |
| Icon Wealth Advisors, LLC | 24,527 | $1.24M | 0.08% | −13,826−36.0% | Reduced |
| Schroder Investment Management Group | 24,048 | $1.23M | 0.00% | +327+1.4% | Added |
| Penobscot Investment Management Company, Inc. | 24,005 | $1.22M | 0.09% | −425−1.7% | Reduced |
| Nelson, Van Denburg & Campbell Wealth Management Group, LLC | 23,801 | $1.21M | 0.04% | +1,465+6.6% | Added |
| Rossmore Private Capital | 23,700 | $1.21M | 0.11% | +700+3.0% | Added |
| Diversify Wealth Management, LLC | 20,131 | $1.20M | 0.06% | −4,699−18.9% | Reduced |
| Hikari Tsushin, Inc. | 23,512 | $1.20M | 0.08% | 00.0% | Unchanged |
| Capital Group Private Client Services, Inc. | 23,237 | $1.18M | 0.02% | −6,870−22.8% | Reduced |
| Profund Advisors LLC | 23,210 | $1.18M | 0.04% | +14,367+162.5% | Added |
| Cinctive Capital Management LP | 23,154 | $1.18M | 0.07% | +23,154 | New |
| Baldwin Brothers Inc | 23,036 | $1.17M | 0.07% | −9,520−29.2% | Reduced |
| SeaCrest Wealth Management, LLC | 20,703 | $1.17M | 0.12% | +15,781+320.6% | Added |
| Norden Group LLC | 23,001 | $1.17M | 0.11% | −10,398−31.1% | Reduced |
| GeoWealth Management, LLC | 22,974 | $1.17M | 0.04% | +6,190+36.9% | Added |
| Nia Impact Advisors, LLC | 22,900 | $1.17M | 0.39% | 00.0% | Unchanged |
| Kayne Anderson Rudnick Investment Management LLC | 22,809 | $1.16M | 0.00% | −10,964−32.5% | Reduced |
| First Growth Capital LLC | 23,585 | $1.15M | 1.02% | +23,585 | New |
| IHT Wealth Management, LLC | 22,579 | $1.15M | 0.03% | −2,871−11.3% | Reduced |
| Gordian Capital Singapore Pte Ltd | 22,500 | $1.14M | 1.59% | +9,500+73.1% | Added |
| Aaron Wealth Advisors | 22,338 | $1.14M | 0.06% | +6,107+37.6% | Added |
| Headlands Technologies LLC | 22,054 | $1.12M | 0.09% | +22,054 | New |
| Banque Cantonale Vaudoise | 21,955 | $1.12M | 0.04% | +1,971+9.9% | Added |
| Belpointe Asset Management LLC | 21,951 | $1.12M | 0.04% | +3,761+20.7% | Added |
| Intellectus Partners, LLC | 21,908 | $1.11M | 0.22% | +9,316+74.0% | Added |
| Personal Cfo Solutions, LLC | 21,870 | $1.11M | 0.18% | +308+1.4% | Added |
| Sax Wealth Advisors, LLC | 21,751 | $1.11M | 0.05% | −124−0.6% | Reduced |
| PCM Encore, LLC | 21,708 | $1.10M | 0.24% | +21,708 | New |
| PFG Investments, LLC | 21,666 | $1.10M | 0.05% | +7,973+58.2% | Added |
| Texas Yale Capital Corp. | 21,649 | $1.10M | 0.03% | −847−3.8% | Reduced |
| Oak Associates, Ltd | 21,642 | $1.10M | 0.07% | +5,248+32.0% | Added |
| Signet Investment Advisory Group, Inc. | 21,600 | $1.10M | 0.51% | 00.0% | Unchanged |
| Baldwin Investment Management, LLC | 21,549 | $1.10M | 0.12% | −325−1.5% | Reduced |
| Welch & Forbes LLC | 21,512 | $1.09M | 0.01% | −34−0.2% | Reduced |
| Joel Isaacson & Co., LLC | 21,484 | $1.09M | 0.04% | +400+1.9% | Added |
| Generali Investments CEE, investicni spolecnost, a.s. | 21,475 | $1.09M | 0.08% | +4,533+26.8% | Added |
| NBT Bank N A | 21,451 | $1.09M | 0.07% | +51+0.2% | Added |
| Checchi Capital Advisers, LLC | 21,388 | $1.09M | 0.07% | −2,793−11.6% | Reduced |
| Ballast Advisors LLC | 21,359 | $1.09M | 0.30% | −376−1.7% | Reduced |
| Sunbelt Securities, Inc. | 21,316 | $1.08M | 0.07% | +323+1.5% | Added |
| Zions Bancorporation, National Association | 21,316 | $1.08M | 0.05% | −14,743−40.9% | Reduced |
| Carnegie Lake Advisors LLC | 21,175 | $1.08M | 0.41% | +1,025+5.1% | Added |
| Chilton Capital Management LLC | 21,087 | $1.07M | 0.04% | −175−0.8% | Reduced |
| Gibbs Wealth Management | 18,208 | $1.07M | 0.26% | −3,531−16.2% | Reduced |
| Valeo Financial Advisors, LLC | 21,005 | $1.07M | 0.02% | −997−4.5% | Reduced |
| Claro Advisors LLC | 20,919 | $1.06M | 0.15% | −100−0.5% | Reduced |
| Mission Wealth Management, LP | 20,760 | $1.06M | 0.02% | −1,070−4.9% | Reduced |
| Sava Infond d.o.o. | 20,725 | $1.05M | 0.14% | −2,000−8.8% | Reduced |
| SWMG, LLC | 22,122 | $1.05M | 0.29% | 00.0% | Unchanged |
| Nicollet Investment Management, Inc. | 20,572 | $1.05M | 0.33% | −18,141−46.9% | Reduced |
| Bank of New Hampshire | 20,553 | $1.05M | 0.24% | −1,807−8.1% | Reduced |
| Stablepoint Partners, LLC | 20,551 | $1.05M | 0.16% | −3,452−14.4% | Reduced |
| Capital Advisors Inc | 20,311 | $1.03M | 0.02% | −413−2.0% | Reduced |
| Independent Financial Group, LLC | 20,306 | $1.03M | 0.02% | +5,232+34.7% | Added |
| Thrivent Financial for Lutherans | 20,217 | $1.03M | 0.00% | −689−3.3% | Reduced |
| Disciplined Investors, L.L.C. | 20,233 | $1.03M | 0.68% | +20,233 | New |
| Alliancebernstein L.P. | 20,230 | $1.03M | 0.00% | −507−2.4% | Reduced |
| Ironwood Investment Management LLC | 20,103 | $1.02M | 0.43% | −297−1.5% | Reduced |
| Boothbay Fund Management, LLC | 20,043 | $1.02M | 0.03% | +8,064+67.3% | Added |
| Inspire Trust Co, N.A. | 20,000 | $1.02M | 0.17% | −15,000−42.9% | Reduced |
| Novem Group | 19,938 | $1.01M | 0.12% | +19,938 | New |
| J. Goldman & Co LP | 19,799 | $1.01M | 0.04% | −30,201−60.4% | Reduced |
| Legacy Capital Group California, Inc. | 19,694 | $1.00M | 0.24% | +560+2.9% | Added |
| Kennedy Investment Group | 19,672 | $1.00M | 0.38% | +19,672 | New |
| Smart Money Group LLC | 19,646 | $999.6K | 0.29% | +1,288+7.0% | Added |
| Commerce Bank | 19,530 | $993.7K | 0.01% | −1,399−6.7% | Reduced |
| Hirtle Callaghan & Co LLC | 19,457 | $990.0K | 0.03% | 00.0% | Unchanged |
| Hunter Associates Investment Management LLC | 19,498 | $989.0K | 0.13% | −1,224−5.9% | Reduced |
| Natural Investments, LLC | 19,432 | $988.0K | 0.25% | +40+0.2% | Added |
| Altfest L J & Co Inc | 19,377 | $985.9K | 0.11% | +265+1.4% | Added |
| Sapient Capital LLC | 19,186 | $982.7K | 0.01% | +810+4.4% | Added |
| Demars Financial Group, LLC | 19,269 | $980.4K | 0.33% | +2,930+17.9% | Added |
| Integrity Alliance, LLC. | 18,930 | $963.2K | 0.04% | +9,907+109.8% | Added |
| Diamant Asset Management, Inc. | 18,840 | $958.6K | 0.69% | −3,295−14.9% | Reduced |
| West Family Investments, Inc. | 18,671 | $950.0K | 0.22% | −3,041−14.0% | Reduced |
| SkyView Investment Advisors, LLC | 18,659 | $949.0K | 0.12% | +302+1.6% | Added |
| Rehmann Capital Advisory Group | 18,552 | $944.0K | 0.05% | +4,664+33.6% | Added |
| Logan Capital Management Inc | 18,511 | $941.8K | 0.04% | −1,560−7.8% | Reduced |
| Global Trust Asset Management, LLC | 18,345 | $933.4K | 0.37% | −2,978−14.0% | Reduced |
| Hennion & Walsh Asset Management, Inc. | 18,175 | $924.7K | 0.03% | −1,119−5.8% | Reduced |
| Moors & Cabot, Inc. | 18,094 | $920.6K | 0.04% | −2,357−11.5% | Reduced |
| Hemenway Trust Co LLC | 18,090 | $920.4K | 0.07% | −60,077−76.9% | Reduced |
| Bath Savings Trust Co | 18,016 | $916.7K | 0.09% | −7,988−30.7% | Reduced |
| Parr McKnight Wealth Management Group, LLC | 17,915 | $911.5K | 0.12% | −9,484−34.6% | Reduced |