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 |
|---|---|---|---|---|---|
| Retirement Planning Co of New England, Inc. | 11,693 | $594.9K | 0.24% | −791−6.3% | Reduced |
| Capital Investment Advisory Services, LLC | 11,689 | $594.7K | 0.04% | +836+7.7% | Added |
| Stiles Financial Services Inc | 11,640 | $592.2K | 0.18% | −20,038−63.3% | Reduced |
| Basecamp Wealth Advisors LLC | 11,626 | $591.5K | 0.13% | +11,626 | New |
| Motco | 11,568 | $588.6K | 0.05% | −511−4.2% | Reduced |
| Balentine LLC | 11,556 | $588.0K | 0.02% | −210−1.8% | Reduced |
| Hilltop Holdings Inc. | 11,419 | $581.0K | 0.03% | −3,892−25.4% | Reduced |
| DecisionMap Wealth Management, LLC | 11,352 | $577.6K | 0.36% | +670+6.3% | Added |
| Samalin Investment Counsel, LLC | 11,323 | $576.1K | 0.20% | +616+5.8% | Added |
| Busey Wealth Management | 11,295 | $574.7K | 0.02% | −3,758−25.0% | Reduced |
| Financial Perspectives, Inc | 11,256 | $572.7K | 0.15% | −123−1.1% | Reduced |
| Sovran Advisors, LLC | 9,960 | $568.9K | 0.05% | −31,490−76.0% | Reduced |
| Lighthouse Financial LLC | 11,171 | $568.4K | 0.37% | −650−5.5% | Reduced |
| Ashton Thomas Private Wealth, LLC | 11,154 | $567.5K | 0.01% | −4,676−29.5% | Reduced |
| Baader Bank INC | 11,821 | $564.0K | 0.05% | −477−3.9% | Reduced |
| Laurel Oak Wealth Management, LLC | 11,058 | $562.7K | 0.09% | +11,058 | New |
| Alexander Labrunerie & Co., Inc. | 11,058 | $562.6K | 0.20% | +184+1.7% | Added |
| Seed Wealth Management, Inc. | 10,944 | $556.8K | 0.38% | −2,310−17.4% | Reduced |
| Schnieders Capital Management, LLC. | 10,933 | $556.3K | 0.09% | −1,983−15.4% | Reduced |
| Silver Oak Securities, Inc | 10,856 | $556.0K | 0.04% | +10,856 | New |
| Holderness Investments Co | 10,900 | $554.6K | 0.11% | −3,160−22.5% | Reduced |
| Gerber Kawasaki Wealth & Investment Management | 10,890 | $554.1K | 0.02% | +2,305+26.8% | Added |
| Burford Brothers, Inc. | 10,798 | $549.4K | 0.23% | +717+7.1% | Added |
| Aptus Capital Advisors, LLC | 10,790 | $549.0K | 0.00% | −1,162−9.7% | Reduced |
| Hazlett, Burt & Watson, Inc. | 10,709 | $548.0K | 0.18% | −1,583−12.9% | Reduced |
| Spinnaker Trust | 10,726 | $545.7K | 0.03% | +1,186+12.4% | Added |
| Hamilton Wealth, LLC | 10,720 | $545.4K | 0.10% | +10,720 | New |
| Ashton Thomas Securities, LLC | 10,686 | $544.7K | 0.10% | +453+4.4% | Added |
| Princeton Capital Management LLC | 10,690 | $543.9K | 0.14% | −4,386−29.1% | Reduced |
| Argent Trust Co | 10,657 | $542.2K | 0.02% | +683+6.8% | Added |
| Cravens & Co Advisors, LLC | 9,086 | $541.9K | 0.35% | −7,367−44.8% | Reduced |
| AlphaCore Capital LLC | 10,603 | $539.5K | 0.01% | −9,427−47.1% | Reduced |
| Hardworking Capital Advisors, LLC | 10,587 | $538.7K | 0.49% | +10,587 | New |
| Ronald Blue Trust, Inc. | 10,541 | $536.3K | 0.01% | −4,593−30.3% | Reduced |
| Larry Mathis Financial Planning, LLC | 10,520 | $535.3K | 0.47% | +10,520 | New |
| Sage Rhino Capital LLC | 10,469 | $532.7K | 0.10% | −704−6.3% | Reduced |
| DMG Group, LLC | 10,458 | $532.1K | 0.35% | −731−6.5% | Reduced |
| TCG Advisory Services, LLC | 10,364 | $527.3K | 0.01% | −2,710−20.7% | Reduced |
| HCR Wealth Advisors | 10,340 | $526.1K | 0.05% | −7,813−43.0% | Reduced |
| WFA of San Diego, LLC | 10,320 | $525.1K | 0.38% | +15+0.1% | Added |
| Cairn Investment Group, Inc. | 10,328 | $525.0K | 0.25% | 00.0% | Unchanged |
| Cohen Capital Management, Inc. | 10,312 | $524.7K | 0.08% | +1,500+17.0% | Added |
| Syon Capital LLC | 10,284 | $523.3K | 0.03% | −1,151−10.1% | Reduced |
| Advisor OS, LLC | 10,228 | $520.4K | 0.04% | −655−6.0% | Reduced |
| Chevy Chase Trust Holdings, Inc. | 10,201 | $519.0K | 0.00% | +5,752+129.3% | Added |
| Aviance Capital Partners, LLC | 10,188 | $518.4K | 0.06% | −500−4.7% | Reduced |
| Precision Wealth Strategies, LLC | 10,128 | $515.3K | 0.17% | −2,696−21.0% | Reduced |
| Cavalier Investments, LLC | 10,049 | $511.3K | 0.16% | −31,488−75.8% | Reduced |
| Diversify Advisory Services, LLC | 8,187 | $510.3K | 0.02% | −735−8.2% | Reduced |
| NorthCrest Asset Manangement, LLC | 9,249 | $509.7K | 0.01% | −1,421−13.3% | Reduced |
| Mirabaud & Cie SA | 10,000 | $508.8K | 0.16% | 00.0% | Unchanged |
| Danske Bank A/S | 10,000 | $508.8K | 0.00% | +10,000 | New |
| Diversified Management Inc | 10,000 | $508.8K | 0.12% | +10,000 | New |
| China Universal Asset Management Co., Ltd. | 10,000 | $508.8K | 0.04% | +10,000 | New |
| Stokes Family Office, LLC | 9,976 | $507.6K | 0.05% | −35,571−78.1% | Reduced |
| Essex Savings Bank | 9,927 | $505.1K | 0.11% | −236−2.3% | Reduced |
| Monarch Capital Management Inc | 9,904 | $503.9K | 0.12% | +5,684+134.7% | Added |
| Versant Capital Management, Inc | 9,884 | $502.9K | 0.06% | +2,845+40.4% | Added |
| R Squared Ltd | 9,844 | $500.9K | 0.23% | +9,844 | New |
| Klingenstein Fields & Co LP | 9,820 | $499.6K | 0.02% | −100−1.0% | Reduced |
| First Pacific Financial | 9,806 | $498.9K | 0.07% | −1,385−12.4% | Reduced |
| Basso Capital Management, L.P. | 9,750 | $496.1K | 0.30% | +3,250+50.0% | Added |
| Capstone Investment Advisors, LLC | 9,719 | $494.5K | 0.00% | +6,034+163.7% | Added |
| Salem Investment Counselors Inc | 9,692 | $493.1K | 0.01% | −9,336−49.1% | Reduced |
| PeakShares LLC | 9,642 | $490.6K | 0.48% | +9,642 | New |
| Gen-Wealth Partners Inc | 9,637 | $490.3K | 0.16% | −6,382−39.8% | Reduced |
| Resonant Capital Advisors, LLC | 9,582 | $487.5K | 0.03% | +1,998+26.3% | Added |
| Evoke Wealth, LLC | 9,556 | $486.2K | 0.01% | −2,533−21.0% | Reduced |
| Farringdon Capital, Ltd. | 9,534 | $485.1K | 0.12% | −2,662−21.8% | Reduced |
| OpenArc Corporate Advisory, LLC | 9,530 | $484.9K | 0.01% | +9,530 | New |
| Advisory Advocates, LLC | 9,491 | $482.9K | 0.48% | +9,491 | New |
| Stokes Capital Advisors, LLC | 9,485 | $482.6K | 0.11% | −6,175−39.4% | Reduced |
| RMB Capital Management, LLC | 9,485 | $482.6K | 0.01% | +211+2.3% | Added |
| LVW Advisors, LLC | 9,483 | $482.5K | 0.05% | −4,125−30.3% | Reduced |
| Indivisible Partners | 9,466 | $481.6K | 0.05% | +9,466 | New |
| Patrick M Sweeney & Associates, Inc | 9,455 | $481.1K | 0.30% | 00.0% | Unchanged |
| Directional Asset Management | 9,445 | $480.6K | 0.42% | +9,445 | New |
| Warren Averett Asset Management, LLC | 9,367 | $476.6K | 0.00% | −3,643−28.0% | Reduced |
| NTV Asset Management LLC | 9,252 | $470.7K | 0.05% | 00.0% | Unchanged |
| GAMMA Investing LLC | 9,243 | $470.3K | 0.02% | +1,223+15.2% | Added |
| Range Financial Group LLC | 9,242 | $470.2K | 0.16% | −28,269−75.4% | Reduced |
| Raub Brock Capital Management LP | 9,240 | $470.1K | 0.10% | 00.0% | Unchanged |
| Channel Wealth LLC | 9,178 | $467.0K | 0.12% | −11,420−55.4% | Reduced |
| TritonPoint Partners, LLC | 9,154 | $465.8K | 0.25% | +9,154 | New |
| New Vernon Investment Management LLC | 9,100 | $463.0K | 0.45% | 00.0% | Unchanged |
| Quotient Wealth Partners, LLC | 9,091 | $462.6K | 0.01% | +177+2.0% | Added |
| Sterling Investment Management, Inc. | 9,089 | $462.4K | 0.26% | −10,857−54.4% | Reduced |
| Fermata Advisors, LLC | 9,074 | $461.7K | 0.11% | +2,024+28.7% | Added |
| TBH Global Asset Management, LLC | 9,065 | $461.2K | 0.08% | +479+5.6% | Added |
| Miracle Mile Advisors, LLC | 9,058 | $460.9K | 0.01% | −605−6.3% | Reduced |
| Fulton Bank, N.A. | 9,045 | $460.2K | 0.02% | +964+11.9% | Added |
| We Are One Seven, LLC | 8,999 | $457.8K | 0.01% | −16,037−64.1% | Reduced |
| Somerville Kurt F | 8,975 | $456.6K | 0.08% | −57,338−86.5% | Reduced |
| Gallacher Capital Management LLC | 8,970 | $456.4K | 0.18% | −3,852−30.0% | Reduced |
| AlTi Global, Inc. | 8,944 | $455.1K | 0.01% | +291+3.4% | Added |
| Beacon Financial Advisory LLC | 8,869 | $451.3K | 0.10% | +4,139+87.5% | Added |
| Keel Point, LLC | 8,861 | $450.8K | 0.03% | +895+11.2% | Added |
| Evergreen Wealth Solutions, LLC | 8,838 | $449.7K | 0.06% | +8,838 | New |
| Silvercrest Asset Management Group LLC | 8,831 | $449.3K | 0.00% | −105,194−92.3% | Reduced |
| Sowell Financial Services LLC | 8,767 | $446.1K | 0.02% | −2,434−21.7% | Reduced |