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, Q1 2026
Institutional positions in Novo Nordisk A S as of Mar 31, 2026. 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
- 1,278
- −129 vs. Q4 2025
- Shares held
- 326.0M
- +12.0M (+3.8%) vs. Q4 2025
- Total value
- $12.0B
- −$4.00B (−25.0%) vs. Q4 2025
- New holders
- 149
- 447 more added
- Sold out
- 278
- 475 more reduced
14 institutions that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q4 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, Q1 2026
Shares, value and share of portfolio for each institution holding Novo Nordisk A S; share changes are against Q4 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Dodge & Cox | 19,333,750 | $710.5M | 0.39% | +19,333,750 | New |
| Loomis Sayles & Co L P | 17,017,315 | $625.4M | 0.84% | −118,069−0.7% | Reduced |
| Franklin Resources Inc | 16,083,479 | $591.1M | 0.14% | +1,380,971+9.4% | Added |
| Capital International Investors | 11,795,850 | $424.8M | 0.10% | +584,744+5.2% | Added |
| Susquehanna International Group, LLP | 11,106,111 | $408.1M | 0.53% | +9,884,077+808.8% | Added |
| Price T Rowe Associates Inc | 11,060,680 | $406.5M | 0.05% | +1,372,418+14.2% | Added |
| Morgan Stanley | 10,869,200 | $399.4M | 0.02% | −1,972,889−15.4% | Reduced |
| Bank of America Corp | 10,769,699 | $395.8M | 0.03% | −1,098,430−9.3% | Reduced |
| Folketrygdfondet | 9,080,820 | $333.7M | 5.92% | −1,083,317−10.7% | Reduced |
| Fisher Asset Management, LLC | 9,021,103 | $331.5M | 0.11% | −763,119−7.8% | Reduced |
| Arrowstreet Capital, Limited Partnership | 7,827,491 | $287.7M | 0.16% | +7,827,491 | New |
| Everett Harris & Co | 6,424,661 | $236.1M | 3.04% | +17,295+0.3% | Added |
| Two Sigma Investments, LP | 6,286,501 | $231.0M | 0.19% | +5,943,310+1,731.8% | Added |
| State Farm Mutual Automobile Insurance Co | 6,142,778 | $225.7M | 0.18% | 00.0% | Unchanged |
| State Street Corp | 5,837,193 | $222.9M | 0.01% | −158,920−2.7% | Reduced |
| Capital World Investors | 5,209,427 | $191.3M | 0.03% | +5,010,064+2,513.0% | Added |
| Goldman Sachs Group Inc | 5,121,037 | $188.2M | 0.02% | −5,870,393−53.4% | Reduced |
| UBS Group AG | 4,565,708 | $167.8M | 0.03% | −346,183−7.0% | Reduced |
| Royal Bank of Canada | 4,527,779 | $166.4M | 0.03% | +141,376+3.2% | Added |
| Envestnet Asset Management Inc | 3,959,430 | $145.5M | 0.04% | +1,185,996+42.8% | Added |
| Northern Trust Corp | 3,654,856 | $134.3M | 0.02% | −974,449−21.0% | Reduced |
| Wells Fargo & Company | 3,642,599 | $133.9M | 0.03% | −349,450−8.8% | Reduced |
| Raymond James Financial Inc | 3,531,005 | $129.8M | 0.04% | +363,894+11.5% | Added |
| Saratoga Research & Investment Management | 3,436,329 | $126.3M | 7.17% | +1,583,763+85.5% | Added |
| Renaissance Technologies LLC | 3,397,121 | $124.8M | 0.20% | +213,443+6.7% | Added |
| Fayez Sarofim & Co | 3,395,479 | $124.8M | 0.32% | −839,270−19.8% | Reduced |
| Barclays PLC | 3,283,636 | $120.7M | 0.04% | +2,333,364+245.5% | Added |
| Marshall Wace, LLP | 3,046,611 | $112.0M | 0.12% | +2,502,064+459.5% | Added |
| BlackRock, Inc. | 2,951,353 | $108.5M | 0.00% | −283,549−8.8% | Reduced |
| Markel Group Inc.SuperinvestorMarkel Group | 2,869,774 | $105.5M | 0.88% | 00.0% | Unchanged |
| Citadel Advisors LLC | 2,736,525 | $100.6M | 0.07% | −4,674,398−63.1% | Reduced |
| JPMorgan Chase & Co | 2,808,818 | $99.1M | 0.01% | −724,819−20.5% | Reduced |
| Defiance ETFs, LLC | 2,192,592 | $80.6M | 1.16% | +2,192,592 | New |
| Maverick Capital LtdSuperinvestorMaverick Capital | 2,080,121 | $76.4M | 0.89% | +2,080,121 | New |
| D. E. Shaw & Co., Inc. | 2,039,106 | $74.9M | 0.06% | +1,193,882+141.3% | Added |
| Jane Street Group, LLC | 2,024,007 | $74.4M | 0.08% | −224,987−10.0% | Reduced |
| Natixis | 2,005,285 | $73.7M | 0.30% | +1,159,987+137.2% | Added |
| Saturna Capital CORP | 1,790,627 | $65.8M | 0.92% | −281,992−13.6% | Reduced |
| Holocene Advisors, LP | 1,745,580 | $64.2M | 0.16% | +565,080+47.9% | Added |
| Ameriprise Financial Inc | 1,747,225 | $63.9M | 0.01% | +11,049+0.6% | Added |
| Van Eck Associates Corp | 1,621,481 | $59.6M | 0.04% | −23,668−1.4% | Reduced |
| Citigroup Inc | 1,547,655 | $56.9M | 0.04% | +141,931+10.1% | Added |
| Rockefeller Capital Management L.P. | 1,433,073 | $52.7M | 0.09% | +92,215+6.9% | Added |
| Millennium Management LLC | 1,408,853 | $51.8M | 0.04% | −207,412−12.8% | Reduced |
| FMR LLC | 1,352,620 | $49.7M | 0.00% | −8,664,705−86.5% | Reduced |
| Natixis Advisors, L.P. | 1,339,875 | $49.2M | 0.07% | −1,321,363−49.7% | Reduced |
| LPL Financial LLC | 1,322,929 | $48.6M | 0.01% | +100,264+8.2% | Added |
| Dimensional Fund Advisors LP | 1,250,848 | $46.0M | 0.01% | −75,210−5.7% | Reduced |
| Banco Bilbao Vizcaya Argentaria, S.A. | 1,259,409 | $45.1M | 0.32% | +913,823+264.4% | Added |
| American Century Companies Inc | 1,211,319 | $44.5M | 0.02% | +332,167+37.8% | Added |
| Causeway Capital Management LLC | 1,174,213 | $43.2M | 0.53% | +180,363+18.1% | Added |
| Stifel Financial Corp | 1,156,481 | $42.5M | 0.04% | −111,219−8.8% | Reduced |
| United Capital Financial Advisers, LLC | 1,052,622 | $38.7M | 0.24% | +404,269+62.4% | Added |
| Quadrature Capital Ltd | 1,027,748 | $37.8M | 0.45% | −149,185−12.7% | Reduced |
| Trexquant Investment LP | 982,773 | $36.1M | 0.26% | +785,722+398.7% | Added |
| Menora Mivtachim Holdings Ltd. | 926,168 | $34.0M | 0.16% | +650,000+235.4% | Added |
| HSBC Holdings PLC | 899,804 | $32.7M | 0.02% | +440,571+95.9% | Added |
| Invesco Ltd. | 886,476 | $32.6M | 0.00% | +254,787+40.3% | Added |
| Oppenheimer Asset Management Inc. | 836,460 | $30.7M | 0.35% | +205,055+32.5% | Added |
| Truist Financial Corp | 811,072 | $29.8M | 0.04% | +115,908+16.7% | Added |
| IMC-Chicago, LLC | 802,198 | $29.5M | 0.45% | +694,983+648.2% | Added |
| Smith Chas P & Associates Pa Cpas | 801,586 | $29.5M | 1.60% | +230,875+40.5% | Added |
| Cullen Capital Management LLC | 792,355 | $29.1M | 0.30% | +244,835+44.7% | Added |
| XXEC, Inc. | 545,020 | $29.0M | 5.18% | +452,185+487.1% | Added |
| BNP Paribas Arbitrage, SA | 787,600 | $28.9M | 0.02% | −610,692−43.7% | Reduced |
| Farallon Capital Management, L.L.C. | 782,000 | $28.7M | 0.17% | +782,000 | New |
| WCM Investment Management, LLC | 810,997 | $28.6M | 0.07% | −1,697,295−67.7% | Reduced |
| Public Employees Retirement System of Ohio | 756,509 | $27.8M | 0.09% | +756,509 | New |
| Academy Capital Management Inc | 719,230 | $26.4M | 3.78% | +353,447+96.6% | Added |
| National Bank of Canada | 710,082 | $26.1M | 0.03% | −1,438,959−67.0% | Reduced |
| Marex Group plc | 703,501 | $25.9M | 0.27% | −302,212−30.0% | Reduced |
| CI Private Wealth, LLC | 672,999 | $23.6M | 0.03% | −36,354−5.1% | Reduced |
| Jump Financial, LLC | 621,393 | $22.8M | 0.34% | +621,393 | New |
| Euro Pacific Asset Management, LLC | 467,452 | $22.4M | 2.22% | +121,375+35.1% | Added |
| Bank of Montreal | 589,107 | $21.6M | 0.01% | −1,936,720−76.7% | Reduced |
| Walleye Capital LLC | 578,309 | $21.3M | 0.13% | +77,665+15.5% | Added |
| CIBC World Markets Inc. | 550,628 | $20.2M | 0.04% | −149,546−21.4% | Reduced |
| Capital Fund Management S.A. | 549,373 | $20.2M | 0.18% | +413,171+303.4% | Added |
| Warther Private Wealth, LLC | 519,480 | $19.1M | 4.48% | +100,652+24.0% | Added |
| SEI Investments Co | 486,550 | $17.9M | 0.02% | +169,906+53.7% | Added |
| Pictet Asset Management Holding SA | 484,350 | $17.8M | 0.02% | +484,350 | New |
| Standard Life Aberdeen plc | 481,520 | $17.7M | 0.03% | −133,346−21.7% | Reduced |
| Nichols & Pratt Advisers LLP | 480,319 | $17.7M | 1.14% | −7,306−1.5% | Reduced |
| Cerity Partners LLC | 474,483 | $17.4M | 0.02% | −4,122−0.9% | Reduced |
| Bank of New York Mellon Corp | 472,874 | $17.4M | 0.00% | −130,726−21.7% | Reduced |
| SG Americas Securities, LLC | 472,124 | $17.4M | 0.02% | −2,063,222−81.4% | Reduced |
| Nomura Holdings Inc | 462,909 | $17.0M | 0.14% | +106,023+29.7% | Added |
| Creative Planning | 451,021 | $16.6M | 0.01% | +57,708+14.7% | Added |
| Acadian Asset Management LLC | 450,464 | $16.5M | 0.02% | +360,735+402.0% | Added |
| Private Advisory Group LLC | 450,155 | $16.5M | 1.15% | +217,141+93.2% | Added |
| Quinn Opportunity Partners LLC | 447,600 | $16.4M | 0.86% | +118,600+36.0% | Added |
| Tudor Investment Corp Et Al | 440,617 | $16.2M | 0.09% | +206,349+88.1% | Added |
| Brown Brothers Harriman & Co | 433,278 | $15.9M | 0.09% | +78,324+22.1% | Added |
| GuoLine Advisory Pte Ltd | 426,700 | $15.7M | 1.64% | 00.0% | Unchanged |
| Jones Financial Companies LLLP | 432,770 | $15.6M | 0.01% | +280,911+185.0% | Added |
| The PNC Financial Services Group, Inc. | 423,561 | $15.6M | 0.01% | −45,308−9.7% | Reduced |
| CORDA Investment Management, LLC. | 416,924 | $15.3M | 1.06% | +416,924 | New |
| Analyst IMS Investment Management Services Ltd. | 411,670 | $15.1M | 0.46% | +405,600+6,682.0% | Added |
| Ensign Peak Advisors, Inc | 400,384 | $14.7M | 0.03% | +400,384 | New |
| Janney Montgomery Scott LLC | 397,760 | $14.6M | 0.04% | +65,757+19.8% | Added |