Novo Nordisk A S

NVO

Exchange: NYSE
Industry: Pharmaceutical Preparations
SEC CIK: 0000353278

SEC filings (opens in a new tab)

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.

Institutional holdersQ1 2026: 1,278 institutions

Value heldQ1 2026: $12.0B

Institutions holding NVO and their total value by quarter
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.

Institutions holding NVO in Q1 2026
Institution	Shares	Value	% of portfolio	Change in shares	Action
McGuire Capital Advisors Inc	1	$37	0.00%	−12−92.3%	Reduced
Hurley Capital, LLC	6	$221	0.00%	+6	New
Nvest Wealth Strategies, Inc.	9	$331	0.00%	00.0%	Unchanged
Robinswood Financial LLC	10	$367	0.00%	00.0%	Unchanged
Wealth Preservation Advisors, LLC	10	$368	0.00%	−70−87.5%	Reduced
Beacon Capital Management, Inc.	10	$368	0.00%	00.0%	Unchanged
Bank of New Hampshire	15	$551	0.00%	−20,538−99.9%	Reduced
Olistico Wealth, LLC	16	$588	0.00%	−885−98.2%	Reduced
Legacy Wealth Managment, LLC	18	$662	0.00%	−99−84.6%	Reduced
Winch Advisory Services, LLC	18	$675	0.00%	00.0%	Unchanged
Richardson Financial Services Inc.	19	$698	0.00%	00.0%	Unchanged
Richard W. Paul & Associates, LLC	20	$735	0.00%	00.0%	Unchanged
Abound Wealth Management	26	$956	0.00%	−10−27.8%	Reduced
Coston, McIsaac & Partners	40	$1.00K	0.00%	00.0%	Unchanged
Clear Investment Research, LLC	29	$1.07K	0.00%	+29	New
NVWM, LLC	32	$1.16K	0.00%	00.0%	Unchanged
Proathlete Wealth Management LLC	35	$1.29K	0.00%	+7+25.0%	Added
Country Trust Bank	38	$1.40K	0.00%	00.0%	Unchanged
St. Johns Investment Management Company, LLC	38	$1.40K	0.00%	00.0%	Unchanged
Leo H. Evart, Inc.	39	$1.43K	0.00%	+39	New
Bernard Wealth Management Corp.	40	$1.47K	0.00%	00.0%	Unchanged
Richardson Capital Management LLC	40	$1.47K	0.00%	+40	New
Synergy Investment Management, LLC	40	$1.47K	0.00%	+40	New
Hartford Financial Management Inc.	42	$1.54K	0.00%	−186−81.6%	Reduced
Riverview Trust Co	42	$1.54K	0.00%	00.0%	Unchanged
Key Capital Management, INC	42	$1.54K	0.00%	+24+133.3%	Added
Southern Michigan Bank & Trust	42	$1.54K	0.00%	+42	New
Dogwood Wealth Management LLC	44	$1.62K	0.00%	+44	New
American Capital Advisory, LLC	45	$1.65K	0.00%	+14+45.2%	Added
Federated Hermes, Inc.	46	$1.69K	0.00%	00.0%	Unchanged
Essential Partners LLC	47	$1.73K	0.00%	+47	New
GoalVest Advisory LLC	51	$1.87K	0.00%	00.0%	Unchanged
City Holding Co	51	$1.87K	0.00%	00.0%	Unchanged
Smithfield Trust Co	68	$2.00K	0.00%	−2−2.9%	Reduced
CKW Financial Group	50	$2.00K	0.00%	00.0%	Unchanged
Three Bearings Fiduciary Advisors, Inc.	54	$2.05K	0.00%	00.0%	Unchanged
Bellevue Asset Management, LLC	58	$2.13K	0.00%	00.0%	Unchanged
HighMark Wealth Management LLC	59	$2.16K	0.00%	00.0%	Unchanged
DiNuzzo Private Wealth, Inc.	60	$2.21K	0.00%	00.0%	Unchanged
Elevated Capital Advisors, LLC	61	$2.24K	0.00%	00.0%	Unchanged
ZRC Wealth Management, LLC	61	$2.24K	0.00%	00.0%	Unchanged
NFJ Investment Group, LLC	63	$2.31K	0.00%	00.0%	Unchanged
Mosley Wealth Management	43	$2.39K	0.00%	+43	New
Fairman Group, LLC	63	$2.39K	0.00%	00.0%	Unchanged
Fourth Dimension Wealth, LLC	66	$2.43K	0.00%	−17−20.5%	Reduced
DecisionPoint Financial, LLC	66	$2.43K	0.00%	00.0%	Unchanged
Hoey Investments, Inc	68	$2.50K	0.00%	−50−42.4%	Reduced
Barnes Dennig Private Wealth Management LLC	68	$2.50K	0.00%	00.0%	Unchanged
Montag A & Associates Inc	67	$2.54K	0.00%	00.0%	Unchanged
Horrell Capital Management, Inc.	70	$2.57K	0.00%	00.0%	Unchanged
Raleigh Capital Management Inc.	72	$2.65K	0.00%	+72	New
Virginia Estate & Retirement Planning Advisors Inc.	73	$2.68K	0.01%	+73	New
Legend Capital Advisors LLC	75	$2.76K	0.00%	+75	New
Quest 10 Wealth Builders, Inc.	76	$2.79K	0.00%	00.0%	Unchanged
West Branch Capital LLC	78	$2.87K	0.00%	00.0%	Unchanged
Western Pacific Wealth Management, LP	80	$2.94K	0.00%	00.0%	Unchanged
Pin Oak Investment Advisors Inc	70	$3.00K	0.00%	−342−83.0%	Reduced
Forum Finance Group S.A.	103	$3.00K	0.00%	+103	New
Baillie Gifford & Co	82	$3.01K	0.00%	−355−81.2%	Reduced
PlanVest Financial, Inc	84	$3.09K	0.00%	+84	New
Toronto Dominion Bank	86	$3.15K	0.00%	−15,962−99.5%	Reduced
Groupe la Francaise	100	$3.21K	0.00%	+100	New
IMA Wealth, Inc.	86	$3.27K	0.00%	−4−4.4%	Reduced
Walsh & Associates, LLC	89	$3.27K	0.00%	+7+8.5%	Added
HHM Wealth Advisors, LLC	90	$3.31K	0.00%	00.0%	Unchanged
Wealth Science Advisors LLC	66	$3.36K	0.00%	+66	New
Hamrick Investment Counsel, llc	90	$3.42K	0.00%	+40+80.0%	Added
SWAN Capital LLC	95	$3.49K	0.00%	00.0%	Unchanged
Vermillion Wealth Management, Inc.	95	$3.49K	0.00%	+27+39.7%	Added
1620 Investment Advisors, Inc.	96	$3.53K	0.00%	00.0%	Unchanged
Pittenger & Anderson Inc	100	$3.67K	0.00%	−915−90.1%	Reduced
Strategic Investment Solutions, Inc.	100	$3.67K	0.00%	−265−72.6%	Reduced
Team Financial Group, LLC	100	$3.67K	0.00%	00.0%	Unchanged
Global Wealth Strategies & Associates	100	$3.67K	0.00%	00.0%	Unchanged
Gold Investment Management Ltd.	100	$3.67K	0.00%	00.0%	Unchanged
Sarver Vrooman Wealth Advisors	100	$3.67K	0.00%	00.0%	Unchanged
Delta Asset Management LLC	100	$3.67K	0.00%	+40+66.7%	Added
First United Bank Trust	105	$3.86K	0.00%	00.0%	Unchanged
Nemes Rush Group LLC	106	$3.88K	0.00%	−112−51.4%	Reduced
Capital Analysts, LLC	117	$4.00K	0.00%	−64−35.4%	Reduced
First PREMIER Bank	100	$4.00K	0.00%	00.0%	Unchanged
Financial Freedom, LLC	115	$4.22K	0.00%	00.0%	Unchanged
Newton One Investments LLC	115	$4.23K	0.00%	00.0%	Unchanged
Armstrong Advisory Group, Inc	115	$4.23K	0.00%	00.0%	Unchanged
Financial Consulate, Inc	116	$4.26K	0.00%	+26+28.9%	Added
Bravera Wealth	121	$4.45K	0.00%	−62−33.9%	Reduced
Dorato Capital Management	126	$4.74K	0.00%	00.0%	Unchanged
Rachor Investment Advisory Services, LLC	139	$5.10K	0.00%	00.0%	Unchanged
United Community Bank	142	$5.22K	0.00%	+142	New
Kilter Group LLC	147	$5.40K	0.00%	+31+26.7%	Added
MV Capital Management, Inc.	147	$5.40K	0.00%	+93+172.2%	Added
SJS Investment Consulting Inc.	150	$5.51K	0.00%	−171−53.3%	Reduced
Turim 21 Investimentos Ltda.	151	$5.55K	0.00%	+151	New
Westfuller Advisors, LLC	147	$5.57K	0.00%	−648−81.5%	Reduced
Hughes Financial Services, LLC	152	$5.59K	0.00%	00.0%	Unchanged
Pacifica Partners Inc.	153	$5.62K	0.00%	00.0%	Unchanged
REAP Financial Group, LLC	155	$5.70K	0.00%	+155	New
Tripletail Wealth Management, LLC	158	$5.84K	0.01%	−11−6.5%	Reduced
Aspect Partners, LLC	160	$5.88K	0.00%	+15+10.3%	Added
Bank of Jackson Hole Trust	160	$5.88K	0.00%	00.0%	Unchanged