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 |
|---|---|---|---|---|---|
| Foundations Investment Advisors, LLC | 8,733 | $444.3K | 0.01% | −7,929−47.6% | Reduced |
| 1776 Wealth LLC | 8,711 | $443.2K | 0.17% | +189+2.2% | Added |
| Cullinan Associates Inc | 8,675 | $441.4K | 0.03% | 00.0% | Unchanged |
| New Republic Capital, LLC | 8,669 | $441.1K | 0.12% | +8,669 | New |
| One Capital Management, LLC | 8,634 | $439.3K | 0.01% | +1,466+20.5% | Added |
| Quantbot Technologies LP | 8,631 | $439.1K | 0.01% | −48,519−84.9% | Reduced |
| Clearbridge Investments, LLC | 8,618 | $438.5K | 0.00% | −882,035−99.0% | Reduced |
| Mirae Asset Global ETFs Holdings Ltd. | 8,595 | $437.3K | 0.00% | +2,662+44.9% | Added |
| Western Wealth Management, LLC | 8,568 | $435.9K | 0.02% | −1,296−13.1% | Reduced |
| Capital International Sarl | 8,563 | $435.7K | 0.01% | 00.0% | Unchanged |
| Guyasuta Investment Advisors Inc | 8,537 | $434.4K | 0.02% | 00.0% | Unchanged |
| Grandfield & Dodd, LLC | 8,532 | $434.1K | 0.02% | +25+0.3% | Added |
| InTrack Investment Management Inc | 8,480 | $431.5K | 0.24% | +726+9.4% | Added |
| Engineers Gate Manager LP | 8,468 | $430.9K | 0.01% | +8,468 | New |
| Wealthfront Advisers LLC | 8,457 | $430.3K | 0.00% | +8,457 | New |
| Summit Global Investments | 8,434 | $429.0K | 0.03% | +1,319+18.5% | Added |
| Formidable Asset Management, LLC | 7,694 | $426.9K | 0.06% | −15,268−66.5% | Reduced |
| Activest Wealth Management | 8,349 | $424.8K | 0.08% | −7,346−46.8% | Reduced |
| Bank of Hawaii | 8,345 | $424.6K | 0.02% | +3,727+80.7% | Added |
| Tiaa Trust, National Association | 8,291 | $421.8K | 0.00% | −2,850−25.6% | Reduced |
| COFG Advisors, LLC | 8,287 | $421.6K | 0.10% | +8,287 | New |
| Birch Financial Group, LLC | 8,284 | $421.5K | 0.24% | −8,538−50.8% | Reduced |
| Agate Pass Investment Management, LLC | 8,244 | $419.5K | 0.16% | −575−6.5% | Reduced |
| Griffin Asset Management, Inc. | 8,242 | $419.4K | 0.05% | 00.0% | Unchanged |
| Ascent Group, LLC | 8,230 | $418.8K | 0.01% | −1,187−12.6% | Reduced |
| Cary Street Partners Financial LLC | 8,228 | $418.6K | 0.01% | +3,588+77.3% | Added |
| Atlantic Trust, LLC | 8,151 | $414.7K | 0.07% | −1,120−12.1% | Reduced |
| Keudell/Morrison Wealth Management | 8,149 | $414.6K | 0.09% | +8,149 | New |
| Souders Financial Advisors | 8,133 | $413.8K | 0.05% | −1,564−16.1% | Reduced |
| Modern Wealth Management, LLC | 8,072 | $410.7K | 0.01% | 00.0% | Unchanged |
| CoreCap Advisors, LLC | 8,056 | $409.9K | 0.01% | +2,614+48.0% | Added |
| National Asset Management, Inc. | 8,048 | $409.5K | 0.02% | −754−8.6% | Reduced |
| Investment Partners Asset Management, Inc. | 8,029 | $408.5K | 0.25% | +8,029 | New |
| Flagship Harbor Advisors, LLC | 8,009 | $407.5K | 0.02% | −1,678−17.3% | Reduced |
| Laraway Financial Inc | 8,006 | $407.3K | 0.27% | 00.0% | Unchanged |
| V-Square Quantitative Management LLC | 7,987 | $406.4K | 0.04% | +7,987 | New |
| Centric Wealth Management | 6,887 | $405.9K | 0.09% | −43−0.6% | Reduced |
| Forza Wealth Management, LLC | 7,966 | $405.3K | 0.15% | −2,500−23.9% | Reduced |
| HBW Advisory Services LLC | 7,966 | $405.3K | 0.04% | −53−0.7% | Reduced |
| GW Henssler & Associates Ltd | 7,959 | $405.0K | 0.02% | 00.0% | Unchanged |
| Grove Bank & Trust | 7,943 | $404.1K | 0.05% | +6,783+584.7% | Added |
| UBS Asset Management Americas Inc | 7,925 | $403.2K | 0.00% | +7,925 | New |
| Diversified Enterprises, LLC | 7,902 | $402.0K | 0.02% | +1,386+21.3% | Added |
| SG Trading Solutions, LLC | 7,875 | $401.0K | 0.09% | +7,875 | New |
| Lauterbach Financial Advisors, LLC | 7,877 | $400.8K | 0.20% | +7,877 | New |
| Platform Technology Partners | 7,862 | $400.0K | 0.09% | +484+6.6% | Added |
| S.A. Mason LLC | 7,778 | $395.7K | 0.16% | −1,450−15.7% | Reduced |
| Wellington Grp LLC | 7,763 | $395.0K | 0.13% | +7,763 | New |
| Principal Street Partners, LLC | 7,734 | $393.5K | 0.07% | −1,245−13.9% | Reduced |
| Focus Financial Network, Inc. | 7,732 | $393.4K | 0.01% | +1,768+29.6% | Added |
| Kercheville Advisors, LLC | 6,300 | $392.0K | 0.10% | +6,300 | New |
| Invst, LLC | 7,696 | $391.6K | 0.04% | +1,396+22.2% | Added |
| Harbor Investment Advisory, LLC | 7,656 | $389.5K | 0.03% | +4,003+109.6% | Added |
| Advisors Capital Management, LLC | 7,646 | $389.0K | 0.00% | −135−1.7% | Reduced |
| Wiser Advisor Group LLC | 7,602 | $386.8K | 0.44% | −592−7.2% | Reduced |
| Sharp Financial Services, LLC | 7,600 | $386.7K | 0.19% | +1,600+26.7% | Added |
| Southland Equity Partners LLC | 7,525 | $382.9K | 0.08% | +502+7.1% | Added |
| Philadelphia Trust Co | 7,500 | $382.0K | 0.03% | 00.0% | Unchanged |
| Diversified Trust Co | 7,499 | $381.5K | 0.01% | +3,616+93.1% | Added |
| MidFirst Bank | 7,492 | $381.2K | 0.03% | +7,492 | New |
| Security Financial Services, INC. | 7,489 | $381.0K | 0.06% | −516−6.4% | Reduced |
| Schwarz Dygos Wheeler Investment Advisors LLC | 7,489 | $381.0K | 0.08% | 00.0% | Unchanged |
| Annis Gardner Whiting Capital Advisors, LLC | 7,480 | $380.6K | 0.07% | 00.0% | Unchanged |
| Sankala Group LLC | 10,151 | $380.2K | 0.30% | +10,151 | New |
| PAX Financial Group, LLC | 7,453 | $379.2K | 0.07% | −889−10.7% | Reduced |
| Canal Capital Management, LLC | 7,442 | $378.6K | 0.05% | −2,626−26.1% | Reduced |
| Signature Estate & Investment Advisors LLC | 7,365 | $374.7K | 0.01% | −448−5.7% | Reduced |
| LifeSteps Financial, Inc. | 7,315 | $372.2K | 0.24% | 00.0% | Unchanged |
| Koshinski Asset Management, Inc. | 7,313 | $372.1K | 0.02% | −695−8.7% | Reduced |
| Bridges Investment Management Inc | 7,311 | $372.0K | 0.00% | +7+0.1% | Added |
| Dynasty Wealth Management, LLC | 7,303 | $371.6K | 0.00% | −584−7.4% | Reduced |
| BridgePort Financial Solutions, LLC | 7,264 | $369.6K | 0.10% | +580+8.7% | Added |
| First Manhattan Co | 7,247 | $368.7K | 0.00% | −243−3.2% | Reduced |
| Harvest Fund Management Co., Ltd | 7,223 | $368.0K | 0.01% | +7,223 | New |
| Midwest Trust Co | 7,205 | $366.6K | 0.00% | −1,051−12.7% | Reduced |
| Steel Peak Wealth Management LLC | 7,190 | $365.8K | 0.01% | +1,860+34.9% | Added |
| Hardy Reed LLC | 7,177 | $365.2K | 0.03% | +90+1.3% | Added |
| Dudley Capital Management, LLC | 7,100 | $361.2K | 0.16% | +7,100 | New |
| Wynn Capital, LLC | 7,045 | $358.4K | 0.17% | −321−4.4% | Reduced |
| ORG Wealth Partners, LLC | 7,005 | $356.4K | 0.08% | −20−0.3% | Reduced |
| Glenview Trust Co | 6,961 | $354.2K | 0.01% | −23,367−77.0% | Reduced |
| Sivia Capital Partners, LLC | 6,958 | $354.0K | 0.07% | +1,327+23.6% | Added |
| Foster Victor Wealth Advisors, LLC | 5,670 | $353.4K | 0.02% | +266+4.9% | Added |
| BCJ Capital Management, LLC | 6,908 | $351.5K | 0.02% | +1,291+23.0% | Added |
| Perennial Investment Advisors, LLC | 6,891 | $350.6K | 0.03% | +3,082+80.9% | Added |
| Aurora Private Wealth, Inc. | 6,883 | $350.0K | 0.23% | +6,883 | New |
| Valley National Advisers Inc | 6,866 | $349.0K | 0.05% | −304−4.2% | Reduced |
| Rock Point Advisors, LLC | 6,850 | $348.5K | 0.09% | 00.0% | Unchanged |
| GHP Investment Advisors, Inc. | 6,846 | $348.3K | 0.01% | +2,075+43.5% | Added |
| Penserra Capital Management LLC | 6,805 | $346.0K | 0.00% | −87−1.3% | Reduced |
| FSM Wealth Advisors, LLC | 6,788 | $345.4K | 0.05% | +353+5.5% | Added |
| MJP Associates Inc | 6,764 | $344.2K | 0.04% | −777−10.3% | Reduced |
| Transatlantique Private Wealth LLC | 6,716 | $343.6K | 0.11% | +6,716 | New |
| WP Advisors, LLC | 6,735 | $342.7K | 0.09% | −1,082−13.8% | Reduced |
| Armstrong Henry H Associates Inc | 6,664 | $339.1K | 0.03% | −1,544−18.8% | Reduced |
| Boreal Capital Management LLC | 6,638 | $337.7K | 0.25% | +402+6.4% | Added |
| Ironsides Asset Advisors, LLC | 6,623 | $337.0K | 0.09% | 00.0% | Unchanged |
| Guardian Wealth Advisors, LLC | 6,618 | $336.7K | 0.02% | −500−7.0% | Reduced |
| Ridge Creek Global, Inc | 6,610 | $336.3K | 0.28% | +6,610 | New |
| Sigma Planning Corp | 6,557 | $333.5K | 0.01% | +927+16.5% | Added |