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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.

Institutional holdersQ1 2026: 1,278 institutions
Q1 2021: 708 institutionsQ2 2021: 737 institutionsQ3 2021: 806 institutionsQ4 2021: 887 institutionsQ1 2022: 902 institutionsQ2 2022: 934 institutionsQ3 2022: 908 institutionsQ4 2022: 1,050 institutionsQ1 2023: 1,148 institutionsQ2 2023: 1,198 institutionsQ3 2023: 1,308 institutionsQ4 2023: 1,512 institutionsQ1 2024: 1,745 institutionsQ2 2024: 1,866 institutionsQ3 2024: 1,787 institutionsQ4 2024: 1,670 institutionsQ1 2025: 1,535 institutionsQ2 2025: 1,486 institutionsQ3 2025: 1,401 institutionsQ4 2025: 1,421 institutionsQ1 2026: 1,278 institutionsQ2 2026: 1,355 institutions
Value heldQ1 2026: $12.0B
Q1 2021: $8.87BQ2 2021: $11.0BQ3 2021: $12.7BQ4 2021: $14.7BQ1 2022: $15.2BQ2 2022: $16.4BQ3 2022: $13.8BQ4 2022: $19.4BQ1 2023: $22.1BQ2 2023: $23.2BQ3 2023: $27.4BQ4 2023: $32.2BQ1 2024: $41.8BQ2 2024: $47.9BQ3 2024: $39.7BQ4 2024: $29.1BQ1 2025: $22.5BQ2 2025: $21.3BQ3 2025: $16.7BQ4 2025: $16.0BQ1 2026: $12.0BQ2 2026: $15.7B
Institutions holding NVO and their total value by quarter
QuarterHoldersValue
Q2 20261,355$15.7B
Q1 20261,278$12.0B
Q4 20251,421$16.0B
Q3 20251,401$16.7B
Q2 20251,486$21.3B
Q1 20251,535$22.5B
Q4 20241,670$29.1B
Q3 20241,787$39.7B
Q2 20241,866$47.9B
Q1 20241,745$41.8B
Q4 20231,512$32.2B
Q3 20231,308$27.4B
Q2 20231,198$23.2B
Q1 20231,148$22.1B
Q4 20221,050$19.4B
Q3 2022908$13.8B
Q2 2022934$16.4B
Q1 2022902$15.2B
Q4 2021887$14.7B
Q3 2021806$12.7B
Q2 2021737$11.0B
Q1 2021708$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
InstitutionSharesValue% of portfolioChange in sharesAction
FFG Partners, LLC67,501$2.48M0.98%+67,501New
Northstar Asset Management Inc68,246$2.51M0.77%−121,912−64.1%Reduced
Gunderson Capital Management Inc.69,211$2.54M1.06%+69,211New
Mutual Advisors, LLC69,457$2.55M0.05%+20,934+43.1%Added
Allworth Financial LP69,990$2.57M0.01%−61,751−46.9%Reduced
Private Advisor Group, LLC70,000$2.57M0.01%−17,770−20.2%Reduced
Mengis Capital Management, Inc.70,364$2.59M0.45%+3,670+5.5%Added
Aperture Investors, LLC70,439$2.59M0.33%−28,682−28.9%Reduced
Ted Buchan & Co70,833$2.60M0.95%+32,294+83.8%Added
TD Waterhouse Canada Inc.71,457$2.61M0.01%+8,011+12.6%Added
Strategic Planning, Inc.72,366$2.66M1.33%+1,713+2.4%Added
Lafayette Investments, Inc.72,455$2.66M0.54%+3,317+4.8%Added
Borer Denton & Associates, Inc.73,287$2.69M0.96%−2,245−3.0%Reduced
Stratos Wealth Partners, LTD.73,502$2.70M0.03%+31,911+76.7%Added
Allen Capital Group, LLC74,191$2.73M0.25%+16,727+29.1%Added
Portside Wealth Group, LLC74,273$2.73M0.37%+28,036+60.6%Added
KMG Fiduciary Partners, LLC74,733$2.75M0.20%+5,796+8.4%Added
Peloton Wealth Strategists74,830$2.75M1.11%+13,650+22.3%Added
Bleakley Financial Group, LLC75,618$2.78M0.04%+13,075+20.9%Added
Ashton Thomas Private Wealth, LLC76,210$2.80M0.07%+65,056+583.3%Added
Tevis Investment Management74,090$2.81M1.60%+29,390+65.7%Added
Toroso Investments, LLC76,545$2.81M0.01%+50,958+199.2%Added
Steward Partners Investment Advisory, LLC77,526$2.85M0.01%−97,048−55.6%Reduced
Advisory Services Network, LLC77,940$2.86M0.04%+24,555+46.0%Added
St Germain D J Co Inc78,744$2.89M0.11%+211+0.3%Added
Nilsine Partners, LLC70,339$2.90M0.23%−3,312−4.5%Reduced
GWM Advisors LLC80,236$2.95M0.01%−5,775−6.7%Reduced
Third View Private Wealth, LLC80,438$2.96M0.40%+10,363+14.8%Added
Peapack Gladstone Financial Corp81,443$2.99M0.04%+8,352+11.4%Added
Marathon Capital Management81,564$3.00M0.67%−1,141−1.4%Reduced
Rathbone Brothers plc81,882$3.01M0.01%+8,744+12.0%Added
Eastover Investment Advisors LLC82,082$3.02M1.29%+19,629+31.4%Added
Wedbush Securities Inc82,814$3.04M0.09%−150−0.2%Reduced
NewEdge Wealth, LLC83,615$3.07M0.04%+13,849+19.9%Added
Philip James Wealth Mangement, LLC84,135$3.09M0.36%+84,135New
Lester Murray Antman dba SimplyRich84,741$3.11M0.80%−1,506−1.7%Reduced
Davenport & Co LLC84,784$3.12M0.02%−2,122,035−96.2%Reduced
Americana Partners, LLC85,237$3.13M0.08%+14,430+20.4%Added
Arkadios Wealth Advisors86,000$3.16M0.05%+6,456+8.1%Added
Farther Finance Advisors, LLC87,055$3.18M0.03%+13,954+19.1%Added
Banque Pictet & Cie SA86,770$3.19M0.04%+122+0.1%Added
Bulltick Wealth Management, LLC86,030$3.26M0.72%−19,712−18.6%Reduced
Laird Norton Trust Company, LLC86,951$3.30M0.07%−13,204−13.2%Reduced
Fiduciary Trust Co89,955$3.31M0.04%−14,520−13.9%Reduced
Rock Springs Capital Management LP90,000$3.31M0.19%+90,000New
Lazard Asset Management LLC92,516$3.40M0.01%−767,290−89.2%Reduced
Headinvest, LLC93,068$3.42M0.70%−12,680−12.0%Reduced
FourThought Financial Partners, LLC93,399$3.43M0.30%+33,708+56.5%Added
Skopos Labs, Inc.93,638$3.44M0.11%−3,194−3.3%Reduced
Harvest Portfolios Group Inc.94,889$3.49M0.06%+94,889New
Capital Research Global Investors98,913$3.49M0.00%+52,590+113.5%Added
Creek Drive Management Group LLC96,000$3.53M2.21%+96,000New
Concurrent Investment Advisors, LLC96,636$3.55M0.04%−4,049−4.0%Reduced
Hara Capital LLC94,674$3.59M1.79%+24,720+35.3%Added
Azzad Asset Management Inc98,290$3.61M0.37%+32,644+49.7%Added
Calamos Advisors LLC98,472$3.62M0.01%−12,760−11.5%Reduced
Capstone Investment Advisors, LLC98,546$3.62M0.03%+88,827+914.0%Added
Smithbridge Asset Management Inc98,990$3.64M0.54%−100,198−50.3%Reduced
New York State Common Retirement Fund99,687$3.66M0.01%+6,731+7.2%Added
Teamwork Financial Advisors, LLC100,124$3.68M0.41%+1,458+1.5%Added
Phoenix Holdings Ltd.102,762$3.68M0.03%−19,392−15.9%Reduced
TD Asset Management Inc100,578$3.70M0.00%−297,830−74.8%Reduced
Schonfeld Strategic Advisors LLC102,040$3.75M0.03%+102,040New
Group One Trading, L.P.104,451$3.84M0.13%+54,177+107.8%Added
Grimes & Company, Inc.105,108$3.86M0.11%+5,488+5.5%Added
McMillan Office, Inc.107,554$3.95M0.51%−6,865−6.0%Reduced
Loring Wolcott & Coolidge Fiduciary Advisors LLP105,554$3.96M0.04%−1,844−1.7%Reduced
Lynch Asset Management, Inc.108,050$3.97M1.33%−300−0.3%Reduced
Intesa Sanpaolo Wealth Management108,800$4.00M0.98%+33,200+43.9%Added
Kornitzer Capital Management Inc109,092$4.01M0.09%−59,053−35.1%Reduced
RSM US Wealth Management LLC106,820$4.05M0.05%−10,208−8.7%Reduced
JustInvest LLC112,176$4.12M0.04%−18,534−14.2%Reduced
Deutsche Bank AG113,321$4.16M0.00%−388,518−77.4%Reduced
Palisade Capital Management LLC115,043$4.23M0.14%−12,055−9.5%Reduced
Brown Advisory Inc116,058$4.27M0.01%+2,757+2.4%Added
CIBC Bancorp USA Inc.116,884$4.30M0.01%+116,884New
Martin Capital Partners, LLC117,180$4.31M1.60%+2,189+1.9%Added
Wiley Bros.-Aintree Capital, LLC117,724$4.39M0.02%+31,552+36.6%Added
Northwestern Mutual Wealth Management Co119,596$4.40M0.00%−54,812−31.4%Reduced
SFMG, LLC119,774$4.40M0.30%+3,757+3.2%Added
Greenfield Seitz Capital Management, LLC120,379$4.42M1.33%+20,001+19.9%Added
Callan Family Office, LLC120,410$4.43M0.10%+11,506+10.6%Added
Federation des caisses Desjardins du Quebec120,471$4.43M0.02%−60,079−33.3%Reduced
Sphera Funds Management Ltd.120,677$4.43M0.76%+5,000+4.3%Added
Round Hill Asset Management121,875$4.48M2.93%+24,215+24.8%Added
Money Concepts Capital Corp123,261$4.53M0.25%+8,260+7.2%Added
Hudson Bay Capital Management LP125,038$4.60M0.03%−404,165−76.4%Reduced
Hikari Power Ltd130,300$4.79M0.42%00.0%Unchanged
Glenmede Trust Co NA131,387$4.83M0.02%−29,374−18.3%Reduced
Squarepoint Ops LLC131,865$4.85M0.01%−802,779−85.9%Reduced
Banco Santander, S.A.134,137$4.93M0.04%+43,573+48.1%Added
Avaii Wealth Management, LLC136,348$5.01M1.75%+122,911+914.7%Added
Centiva Capital, LP139,189$5.12M0.24%+134,189+2,683.8%Added
Cambridge Investment Research Advisors, Inc.142,246$5.23M0.01%−4,615−3.1%Reduced
QRG Capital Management, Inc.142,431$5.23M0.05%+32,145+29.1%Added
Captrust Financial Advisors143,005$5.25M0.01%+23,442+19.6%Added
Boston Partners145,020$5.33M0.01%−5,231,804−97.3%Reduced
ARS Investment Partners, LLC149,056$5.48M0.28%−19,504−11.6%Reduced
Mercer Global Advisors Inc149,847$5.51M0.01%−14,643−8.9%Reduced
Beacon Investment Advisory Services, Inc.151,689$5.57M0.23%−9,072−5.6%Reduced