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 | 1,866 | $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, 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 |
|---|---|---|---|---|---|
| Capital Fund Management S.A. | 549,373 | $20.2M | 0.18% | +413,171+303.4% | Added |
| CIBC World Markets Inc. | 550,628 | $20.2M | 0.04% | −149,546−21.4% | Reduced |
| Walleye Capital LLC | 578,309 | $21.3M | 0.13% | +77,665+15.5% | Added |
| Bank of Montreal | 589,107 | $21.6M | 0.01% | −1,936,720−76.7% | Reduced |
| Euro Pacific Asset Management, LLC | 467,452 | $22.4M | 2.22% | +121,375+35.1% | Added |
| Jump Financial, LLC | 621,393 | $22.8M | 0.34% | +621,393 | New |
| CI Private Wealth, LLC | 672,999 | $23.6M | 0.03% | −36,354−5.1% | Reduced |
| Marex Group plc | 703,501 | $25.9M | 0.27% | −302,212−30.0% | Reduced |
| National Bank of Canada | 710,082 | $26.1M | 0.03% | −1,438,959−67.0% | Reduced |
| Academy Capital Management Inc | 719,230 | $26.4M | 3.78% | +353,447+96.6% | Added |
| Public Employees Retirement System of Ohio | 756,509 | $27.8M | 0.09% | +756,509 | New |
| WCM Investment Management, LLC | 810,997 | $28.6M | 0.07% | −1,697,295−67.7% | Reduced |
| Farallon Capital Management, L.L.C. | 782,000 | $28.7M | 0.17% | +782,000 | New |
| BNP Paribas Arbitrage, SA | 787,600 | $28.9M | 0.02% | −610,692−43.7% | Reduced |
| XXEC, Inc. | 545,020 | $29.0M | 5.18% | +452,185+487.1% | Added |
| Cullen Capital Management LLC | 792,355 | $29.1M | 0.30% | +244,835+44.7% | Added |
| Smith Chas P & Associates Pa Cpas | 801,586 | $29.5M | 1.60% | +230,875+40.5% | Added |
| IMC-Chicago, LLC | 802,198 | $29.5M | 0.45% | +694,983+648.2% | Added |
| Truist Financial Corp | 811,072 | $29.8M | 0.04% | +115,908+16.7% | Added |
| Oppenheimer Asset Management Inc. | 836,460 | $30.7M | 0.35% | +205,055+32.5% | Added |
| Invesco Ltd. | 886,476 | $32.6M | 0.00% | +254,787+40.3% | Added |
| HSBC Holdings PLC | 899,804 | $32.7M | 0.02% | +440,571+95.9% | Added |
| Menora Mivtachim Holdings Ltd. | 926,168 | $34.0M | 0.16% | +650,000+235.4% | Added |
| Trexquant Investment LP | 982,773 | $36.1M | 0.26% | +785,722+398.7% | Added |
| Quadrature Capital Ltd | 1,027,748 | $37.8M | 0.45% | −149,185−12.7% | Reduced |
| United Capital Financial Advisers, LLC | 1,052,622 | $38.7M | 0.24% | +404,269+62.4% | Added |
| Stifel Financial Corp | 1,156,481 | $42.5M | 0.04% | −111,219−8.8% | Reduced |
| Causeway Capital Management LLC | 1,174,213 | $43.2M | 0.53% | +180,363+18.1% | Added |
| American Century Companies Inc | 1,211,319 | $44.5M | 0.02% | +332,167+37.8% | Added |
| Banco Bilbao Vizcaya Argentaria, S.A. | 1,259,409 | $45.1M | 0.32% | +913,823+264.4% | Added |
| Dimensional Fund Advisors LP | 1,250,848 | $46.0M | 0.01% | −75,210−5.7% | Reduced |
| LPL Financial LLC | 1,322,929 | $48.6M | 0.01% | +100,264+8.2% | Added |
| Natixis Advisors, L.P. | 1,339,875 | $49.2M | 0.07% | −1,321,363−49.7% | Reduced |
| FMR LLC | 1,352,620 | $49.7M | 0.00% | −8,664,705−86.5% | Reduced |
| Millennium Management LLC | 1,408,853 | $51.8M | 0.04% | −207,412−12.8% | Reduced |
| Rockefeller Capital Management L.P. | 1,433,073 | $52.7M | 0.09% | +92,215+6.9% | Added |
| Citigroup Inc | 1,547,655 | $56.9M | 0.04% | +141,931+10.1% | Added |
| Van Eck Associates Corp | 1,621,481 | $59.6M | 0.04% | −23,668−1.4% | Reduced |
| Ameriprise Financial Inc | 1,747,225 | $63.9M | 0.01% | +11,049+0.6% | Added |
| Holocene Advisors, LP | 1,745,580 | $64.2M | 0.16% | +565,080+47.9% | Added |
| Saturna Capital CORP | 1,790,627 | $65.8M | 0.92% | −281,992−13.6% | Reduced |
| Natixis | 2,005,285 | $73.7M | 0.30% | +1,159,987+137.2% | Added |
| Jane Street Group, LLC | 2,024,007 | $74.4M | 0.08% | −224,987−10.0% | Reduced |
| D. E. Shaw & Co., Inc. | 2,039,106 | $74.9M | 0.06% | +1,193,882+141.3% | Added |
| Maverick Capital LtdSuperinvestorMaverick Capital | 2,080,121 | $76.4M | 0.89% | +2,080,121 | New |
| Defiance ETFs, LLC | 2,192,592 | $80.6M | 1.16% | +2,192,592 | New |
| JPMorgan Chase & Co | 2,808,818 | $99.1M | 0.01% | −724,819−20.5% | Reduced |
| Citadel Advisors LLC | 2,736,525 | $100.6M | 0.07% | −4,674,398−63.1% | Reduced |
| Markel Group Inc.SuperinvestorMarkel Group | 2,869,774 | $105.5M | 0.88% | 00.0% | Unchanged |
| BlackRock, Inc. | 2,951,353 | $108.5M | 0.00% | −283,549−8.8% | Reduced |
| Marshall Wace, LLP | 3,046,611 | $112.0M | 0.12% | +2,502,064+459.5% | Added |
| Barclays PLC | 3,283,636 | $120.7M | 0.04% | +2,333,364+245.5% | Added |
| Fayez Sarofim & Co | 3,395,479 | $124.8M | 0.32% | −839,270−19.8% | Reduced |
| Renaissance Technologies LLC | 3,397,121 | $124.8M | 0.20% | +213,443+6.7% | Added |
| Saratoga Research & Investment Management | 3,436,329 | $126.3M | 7.17% | +1,583,763+85.5% | Added |
| Raymond James Financial Inc | 3,531,005 | $129.8M | 0.04% | +363,894+11.5% | Added |
| Wells Fargo & Company | 3,642,599 | $133.9M | 0.03% | −349,450−8.8% | Reduced |
| Northern Trust Corp | 3,654,856 | $134.3M | 0.02% | −974,449−21.0% | Reduced |
| Envestnet Asset Management Inc | 3,959,430 | $145.5M | 0.04% | +1,185,996+42.8% | Added |
| Royal Bank of Canada | 4,527,779 | $166.4M | 0.03% | +141,376+3.2% | Added |
| UBS Group AG | 4,565,708 | $167.8M | 0.03% | −346,183−7.0% | Reduced |
| Goldman Sachs Group Inc | 5,121,037 | $188.2M | 0.02% | −5,870,393−53.4% | Reduced |
| Capital World Investors | 5,209,427 | $191.3M | 0.03% | +5,010,064+2,513.0% | Added |
| State Street Corp | 5,837,193 | $222.9M | 0.01% | −158,920−2.7% | Reduced |
| State Farm Mutual Automobile Insurance Co | 6,142,778 | $225.7M | 0.18% | 00.0% | Unchanged |
| Two Sigma Investments, LP | 6,286,501 | $231.0M | 0.19% | +5,943,310+1,731.8% | Added |
| Everett Harris & Co | 6,424,661 | $236.1M | 3.04% | +17,295+0.3% | Added |
| Arrowstreet Capital, Limited Partnership | 7,827,491 | $287.7M | 0.16% | +7,827,491 | New |
| Fisher Asset Management, LLC | 9,021,103 | $331.5M | 0.11% | −763,119−7.8% | Reduced |
| Folketrygdfondet | 9,080,820 | $333.7M | 5.92% | −1,083,317−10.7% | Reduced |
| Bank of America Corp | 10,769,699 | $395.8M | 0.03% | −1,098,430−9.3% | Reduced |
| Morgan Stanley | 10,869,200 | $399.4M | 0.02% | −1,972,889−15.4% | Reduced |
| Price T Rowe Associates Inc | 11,060,680 | $406.5M | 0.05% | +1,372,418+14.2% | Added |
| Susquehanna International Group, LLP | 11,106,111 | $408.1M | 0.53% | +9,884,077+808.8% | Added |
| Capital International Investors | 11,795,850 | $424.8M | 0.10% | +584,744+5.2% | Added |
| Franklin Resources Inc | 16,083,479 | $591.1M | 0.14% | +1,380,971+9.4% | Added |
| Loomis Sayles & Co L P | 17,017,315 | $625.4M | 0.84% | −118,069−0.7% | Reduced |
| Dodge & Cox | 19,333,750 | $710.5M | 0.39% | +19,333,750 | New |
| Horizon Financial Services, LLC | 0 | $0 | 0.00% | −45−100.0% | Sold out |
| Voloridge Investment Management, LLC | 0 | $0 | 0.00% | −4,807,279−100.0% | Sold out |
| Susquehanna Advisors Group, Inc. | 0 | $0 | 0.00% | −1,330,000−100.0% | Sold out |
| Carmignac Gestion | 0 | $0 | 0.00% | −1,003,300−100.0% | Sold out |
| Optiver Holding B.V. | 0 | $0 | 0.00% | −983,717−100.0% | Sold out |
| Parnassus Investments | 0 | $0 | 0.00% | −969,015−100.0% | Sold out |
| Vantage Investment Partners, LLC | 0 | $0 | 0.00% | −549,469−100.0% | Sold out |
| Adage Capital Partners GP, L.L.C. | 0 | $0 | 0.00% | −475,000−100.0% | Sold out |
| Longaeva Partners L.P. | 0 | $0 | 0.00% | −444,266−100.0% | Sold out |
| Healthcare of Ontario Pension Plan Trust Fund | 0 | $0 | 0.00% | −431,484−100.0% | Sold out |
| Armistice Capital, LLC | 0 | $0 | 0.00% | −336,000−100.0% | Sold out |
| ExodusPoint Capital Management, LP | 0 | $0 | 0.00% | −274,272−100.0% | Sold out |
| Reynders McVeigh Capital Management, LLC | 0 | $0 | 0.00% | −274,101−100.0% | Sold out |
| TB Alternative Assets Ltd. | 0 | $0 | 0.00% | −266,165−100.0% | Sold out |
| Old Mission Capital LLC | 0 | $0 | 0.00% | −262,659−100.0% | Sold out |
| Heirloom Wealth Management | 0 | $0 | 0.00% | −211,886−100.0% | Sold out |
| Sierra Summit Advisors LLC | 0 | $0 | 0.00% | −208,905−100.0% | Sold out |
| Opal Capital LLC | 0 | $0 | 0.00% | −200,465−100.0% | Sold out |
| TrueMark Investments, LLC | 0 | $0 | 0.00% | −193,853−100.0% | Sold out |
| Massachusetts Financial Services Co | 0 | $0 | 0.00% | −188,444−100.0% | Sold out |
| Qube Research & Technologies Ltd | 0 | $0 | 0.00% | −171,416−100.0% | Sold out |
| Milford Funds Ltd | 0 | $0 | 0.00% | −156,298−100.0% | Sold out |