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 |
|---|---|---|---|---|---|
| Sanibel Captiva Trust Company, Inc. | 17,905 | $911.0K | 0.03% | −14,421−44.6% | Reduced |
| Banco de Sabadell, S.A | 17,900 | $911.0K | 0.59% | −113−0.6% | Reduced |
| Fairfield, Bush & Co. | 17,814 | $906.4K | 0.48% | +284+1.6% | Added |
| Human Investing LLC | 17,791 | $905.2K | 0.13% | −1,019−5.4% | Reduced |
| Vista Investment Management | 17,766 | $903.9K | 0.30% | −3,281−15.6% | Reduced |
| Wesbanco Bank Inc | 17,553 | $893.1K | 0.02% | −58,967−77.1% | Reduced |
| 180 Wealth Advisors, LLC | 17,312 | $880.8K | 0.10% | +4,363+33.7% | Added |
| Lakeside Advisors, INC. | 17,300 | $880.2K | 0.56% | −550−3.1% | Reduced |
| Smartleaf Asset Management LLC | 17,135 | $877.7K | 0.03% | −2,484−12.7% | Reduced |
| Outfitter Financial LLC | 17,010 | $865.5K | 0.68% | −1,050−5.8% | Reduced |
| Insigneo Advisory Services, LLC | 16,955 | $862.7K | 0.06% | −8,512−33.4% | Reduced |
| Aigen Investment Management, LP | 16,917 | $860.7K | 0.20% | +16,917 | New |
| Raelipskie Partnership | 16,882 | $859.0K | 0.36% | −638−3.6% | Reduced |
| LOM Asset Management Ltd | 16,450 | $837.0K | 0.24% | −40−0.2% | Reduced |
| Summit Financial Wealth Advisors, LLC | 16,392 | $834.0K | 0.12% | +7,459+83.5% | Added |
| Vienna Asset Management LLC | 16,360 | $832.4K | 0.47% | +4,845+42.1% | Added |
| Delaney Dennis R | 16,250 | $826.8K | 0.42% | −5,020−23.6% | Reduced |
| Johnson Investment Counsel Inc | 16,192 | $823.8K | 0.01% | −550−3.3% | Reduced |
| Cacti Asset Management LLC | 16,000 | $823.5K | 0.05% | 00.0% | Unchanged |
| MSH Capital Advisors LLC | 16,150 | $821.7K | 0.18% | +727+4.7% | Added |
| Clear Creek Financial Management, LLC | 16,138 | $821.1K | 0.07% | +16,138 | New |
| Fairview Capital Investment Management, LLC | 16,070 | $817.6K | 0.04% | 00.0% | Unchanged |
| Toronto Dominion Bank | 16,048 | $815.6K | 0.00% | −161−1.0% | Reduced |
| Kingswood Wealth Advisors, LLC | 15,813 | $804.5K | 0.04% | +3,869+32.4% | Added |
| Wealth Quarterback LLC | 15,809 | $804.3K | 0.29% | −4,605−22.6% | Reduced |
| Donaldson Capital Management, LLC | 15,794 | $803.6K | 0.03% | −182−1.1% | Reduced |
| Integrated Advisors Network LLC | 15,684 | $798.0K | 0.04% | −710−4.3% | Reduced |
| Venture Visionary Partners LLC | 15,596 | $793.6K | 0.03% | +10,864+229.6% | Added |
| Brookstone Capital Management | 15,555 | $791.4K | 0.01% | −8,298−34.8% | Reduced |
| Convergence Financial, LLC | 15,546 | $791.0K | 0.12% | +829+5.6% | Added |
| SageView Advisory Group, LLC | 15,469 | $787.1K | 0.03% | −10,047−39.4% | Reduced |
| Wealthspire Advisors, LLC | 15,452 | $786.2K | 0.01% | −13,936−47.4% | Reduced |
| Bond & Devick Financial Network, Inc. | 15,422 | $784.7K | 0.22% | +550+3.7% | Added |
| Horizon Kinetics Asset Management LLC | 15,350 | $781.0K | 0.01% | 00.0% | Unchanged |
| Roehl & Yi Investment Advisors, LLC | 15,333 | $780.1K | 0.31% | −2,028−11.7% | Reduced |
| Integrated Wealth Concepts LLC | 15,222 | $774.5K | 0.01% | −11,190−42.4% | Reduced |
| Family Legacy, Inc. | 15,214 | $774.1K | 0.23% | −955−5.9% | Reduced |
| Sagespring Wealth Partners, LLC | 15,166 | $771.6K | 0.01% | −1,868−11.0% | Reduced |
| Jamison Private Wealth Management, Inc. | 14,956 | $761.0K | 0.09% | +3,708+33.0% | Added |
| Great Diamond Partners, LLC | 14,855 | $755.8K | 0.15% | −131−0.9% | Reduced |
| Abel Hall, LLC | 14,852 | $755.7K | 0.18% | +6,923+87.3% | Added |
| Atlantic Union Bankshares Corp | 14,792 | $752.6K | 0.01% | +93+0.6% | Added |
| Bull Street Advisors, LLC | 14,770 | $751.0K | 0.35% | 00.0% | Unchanged |
| Mitchell & Pahl Private Wealth, LLC | 14,729 | $749.4K | 0.31% | −228−1.5% | Reduced |
| Red Door Wealth Management, LLC | 14,593 | $742.5K | 0.08% | −101−0.7% | Reduced |
| Ameritas Advisory Services, LLC | 14,591 | $742.4K | 0.03% | −4,791−24.7% | Reduced |
| Highland Capital Management, LLC | 14,500 | $737.8K | 0.04% | −1,700−10.5% | Reduced |
| First Citizens Bank & Trust Co | 14,421 | $733.7K | 0.02% | −2,043−12.4% | Reduced |
| 49 Wealth Management, LLC | 14,413 | $733.3K | 0.06% | +7,209+100.1% | Added |
| White Knight Strategic Wealth Advisors, LLC | 14,391 | $732.2K | 0.54% | +14,391 | New |
| PDS Planning, Inc | 14,376 | $731.5K | 0.05% | +2,639+22.5% | Added |
| First American Trust, FSB | 14,346 | $729.9K | 0.05% | −2,655−15.6% | Reduced |
| Marotta Asset Management | 14,297 | $727.4K | 0.13% | −234−1.6% | Reduced |
| Huntington National Bank | 14,276 | $726.4K | 0.00% | −3,058−17.6% | Reduced |
| Clearstead Advisors, LLC | 14,152 | $720.0K | 0.01% | −4,293−23.3% | Reduced |
| Pinnacle Wealth Planning Services, Inc. | 13,961 | $710.3K | 0.07% | −3,199−18.6% | Reduced |
| AE Wealth Management LLC | 13,747 | $699.5K | 0.00% | +4,861+54.7% | Added |
| Bridgewater Advisors Inc. | 11,756 | $697.3K | 0.05% | +160+1.4% | Added |
| Spears Abacus Advisors LLC | 13,522 | $688.0K | 0.01% | +1,575+13.2% | Added |
| Intesa Sanpaolo S.p.A. | 13,425 | $687.6K | 0.04% | +13,425 | New |
| Avaii Wealth Management, LLC | 13,437 | $683.7K | 0.25% | +9,098+209.7% | Added |
| HBK Sorce Advisory LLC | 14,327 | $682.6K | 0.02% | +3,163+28.3% | Added |
| Pensionmark Financial Group, LLC | 13,403 | $681.9K | 0.01% | −4,706−26.0% | Reduced |
| Global Strategic Investment Solutions, LLC | 13,380 | $680.8K | 0.07% | 00.0% | Unchanged |
| Avidian Wealth Solutions, LLC | 13,341 | $678.8K | 0.02% | −1,482−10.0% | Reduced |
| Central Bank & Trust Co | 13,253 | $674.3K | 0.10% | −1,386−9.5% | Reduced |
| SRS Capital Advisors, Inc. | 13,165 | $669.8K | 0.02% | −7,817−37.3% | Reduced |
| Baker Tilly Wealth Management, LLC | 13,162 | $669.7K | 0.17% | −1,382−9.5% | Reduced |
| TD Private Client Wealth LLC | 13,063 | $664.6K | 0.01% | +6,343+94.4% | Added |
| Confluence Investment Management LLC | 13,043 | $663.6K | 0.01% | +1,219+10.3% | Added |
| Capital Insight Partners, LLC | 13,033 | $663.1K | 0.14% | −31,324−70.6% | Reduced |
| Resources Management Corp | 13,000 | $661.0K | 0.09% | −325−2.4% | Reduced |
| Harrell Investment Partners, LLC | 12,876 | $655.1K | 0.15% | −1,291−9.1% | Reduced |
| Anchor Investment Management, LLC | 12,807 | $651.6K | 0.05% | −40−0.3% | Reduced |
| Mystic Asset Management, Inc. | 12,800 | $651.3K | 0.15% | +350+2.8% | Added |
| Argonautica Private Wealth Management, Inc | 12,661 | $644.2K | 0.19% | +3,990+46.0% | Added |
| Tempus Wealth Planning, LLC | 12,586 | $640.4K | 0.15% | +12,586 | New |
| Wedmont Private Capital | 11,308 | $639.7K | 0.02% | +552+5.1% | Added |
| Giverny Capital Inc.SuperinvestorGiverny Capital | 12,400 | $630.9K | 0.02% | 00.0% | Unchanged |
| Institute for Wealth Management, LLC. | 12,344 | $628.1K | 0.07% | −3,482−22.0% | Reduced |
| Rakuten Securities, Inc. | 12,252 | $623.4K | 0.20% | +2,357+23.8% | Added |
| Savant Capital, LLC | 12,215 | $621.5K | 0.00% | +624+5.4% | Added |
| Connable Office Inc | 12,209 | $621.2K | 0.06% | 00.0% | Unchanged |
| Charter Trust Co | 12,167 | $619.1K | 0.04% | −2,615−17.7% | Reduced |
| Quintet Private Bank (Europe) S.A. | 12,165 | $619.0K | 0.04% | 00.0% | Unchanged |
| May Hill Capital, LLC | 12,106 | $615.9K | 0.17% | +3,702+44.1% | Added |
| Verity Asset Management, Inc. | 12,076 | $614.4K | 0.26% | −28,420−70.2% | Reduced |
| WJ Financial Advisors LLC | 12,058 | $613.5K | 0.55% | +6,909+134.2% | Added |
| Carson Advisory Inc. | 12,048 | $613.0K | 0.32% | −125−1.0% | Reduced |
| Unique Wealth Strategies, LLC | 12,045 | $612.9K | 0.24% | +12,045 | New |
| Boston Trust Walden Corp | 12,036 | $612.4K | 0.00% | 00.0% | Unchanged |
| Jacobi Capital Management LLC | 12,024 | $611.8K | 0.04% | −7,554−38.6% | Reduced |
| Great Valley Advisor Group, Inc. | 12,011 | $611.6K | 0.01% | −1,181−9.0% | Reduced |
| Procyon Private Wealth Partners, LLC | 12,011 | $611.1K | 0.03% | −4,860−28.8% | Reduced |
| Doliver Advisors, LP | 11,984 | $609.7K | 0.15% | −977−7.5% | Reduced |
| Rothschild Investment LLC | 11,935 | $607.2K | 0.03% | −2,792−19.0% | Reduced |
| Balboa Wealth Partners | 11,901 | $605.5K | 0.10% | −12−0.1% | Reduced |
| Summit Financial, LLC | 11,866 | $603.7K | 0.01% | +1,940+19.5% | Added |
| Bryn Mawr Trust Co | 11,779 | $599.3K | 0.01% | 00.0% | Unchanged |
| Principle Wealth Partners LLC | 11,721 | $596.4K | 0.03% | −1,414−10.8% | Reduced |