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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
Obermeyer Wood Investment Counsel, LLLP0$00.00%−140,797−100.0%Sold out
Arrow Capital Pty Ltd0$00.00%−130,000−100.0%Sold out
Brandywine Financial Group0$00.00%−110,173−100.0%Sold out
Biondo Investment Advisors, LLC0$00.00%−93,371−100.0%Sold out
Nicholas Company, Inc.0$00.00%−90,890−100.0%Sold out
Korea Investment CORP0$00.00%−89,531−100.0%Sold out
Todd Asset Management LLC0$00.00%−83,329−100.0%Sold out
Marietta Investment Partners LLC0$00.00%−82,999−100.0%Sold out
Teachers Retirement System of the State of Kentucky0$00.00%−82,740−100.0%Sold out
Brookmont Capital Management0$00.00%−78,859−100.0%Sold out
Kanen Wealth Management LLC0$00.00%−75,500−100.0%Sold out
Sivik Global Healthcare LLC0$00.00%−75,000−100.0%Sold out
Quantitative Investment Management, LLC0$00.00%−74,969−100.0%Sold out
Capital Investment Counsel, LLC0$00.00%−73,253−100.0%Sold out
Avidity Partners Management LP0$00.00%−67,300−100.0%Sold out
HRT Financial LP0$00.00%−63,378−100.0%Sold out
CMT Capital Markets Trading GmbH0$00.00%−62,226−100.0%Sold out
Boston Common Asset Management, LLC0$00.00%−61,958−100.0%Sold out
Iams Wealth Management, LLC0$00.00%−56,963−100.0%Sold out
Capital Advisory Group Advisory Services, LLC0$00.00%−56,916−100.0%Sold out
Campbell & CO Investment Adviser LLC0$00.00%−53,853−100.0%Sold out
Autumn Glory Partners, LLC0$00.00%−53,634−100.0%Sold out
Havemeyer Place LP0$00.00%−50,223−100.0%Sold out
Truffle Hound Capital, LLC0$00.00%−50,000−100.0%Sold out
Longfellow Investment Management Co LLC0$00.00%−49,800−100.0%Sold out
Coppell Advisory Solutions LLC0$00.00%−44,997−100.0%Sold out
Lynx Capital Group Ltd0$00.00%−42,096−100.0%Sold out
Ravenswood Partners LP0$00.00%−41,825−100.0%Sold out
State of Wisconsin Investment Board0$00.00%−40,000−100.0%Sold out
Pinnbrook Capital Management LP0$00.00%−39,141−100.0%Sold out
Walled Lake Planning & Wealth Management, LLC0$00.00%−38,985−100.0%Sold out
Rare Wolf Capital LLC0$00.00%−37,465−100.0%Sold out
XTX Topco Ltd0$00.00%−36,518−100.0%Sold out
Lighthouse Investment Partners, LLC0$00.00%−35,000−100.0%Sold out
Allen Wealth Management, LLC0$00.00%−34,151−100.0%Sold out
J.W. Cole Advisors, Inc.0$00.00%−34,691−100.0%Sold out
Potomac Fund Management Inc0$00.00%−32,510−100.0%Sold out
Kavar Capital Partners Group, LLC0$00.00%−31,509−100.0%Sold out
Commons Capital, LLC0$00.00%−31,500−100.0%Sold out
Voleon Capital Management LP0$00.00%−31,433−100.0%Sold out
Forum Financial Management, LP0$00.00%−28,571−100.0%Sold out
Advisory Resource Group0$00.00%−27,523−100.0%Sold out
Bamco Inc0$00.00%−27,426−100.0%Sold out
Fortune Financial Advisors, LLC0$00.00%−27,127−100.0%Sold out
Union Heritage Capital, LLC0$00.00%−27,073−100.0%Sold out
Virtu Financial LLC0$00.00%−26,795−100.0%Sold out
FORA Capital, LLC0$00.00%−19,726−100.0%Sold out
Teewinot Capital Advisers, L.L.C.0$00.00%−26,125−100.0%Sold out
Chilton Investment Co LLC0$00.00%−25,397−100.0%Sold out
Guardcap Asset Management Ltd0$00.00%−25,221−100.0%Sold out
Sit Investment Associates Inc0$00.00%−24,650−100.0%Sold out
Runnymede Capital Advisors, Inc.0$00.00%−24,604−100.0%Sold out
Cinctive Capital Management LP0$00.00%−23,154−100.0%Sold out
Baldwin Brothers Inc0$00.00%−23,036−100.0%Sold out
Nia Impact Advisors, LLC0$00.00%−22,900−100.0%Sold out
Headlands Technologies LLC0$00.00%−22,054−100.0%Sold out
Belpointe Asset Management LLC0$00.00%−21,951−100.0%Sold out
Thrivent Financial for Lutherans0$00.00%−20,217−100.0%Sold out
Inspire Trust Co, N.A.0$00.00%−20,000−100.0%Sold out
Smart Money Group LLC0$00.00%−19,646−100.0%Sold out
Altfest L J & Co Inc0$00.00%−19,377−100.0%Sold out
Logan Capital Management Inc0$00.00%−18,511−100.0%Sold out
Aigen Investment Management, LP0$00.00%−16,917−100.0%Sold out
Vienna Asset Management LLC0$00.00%−16,360−100.0%Sold out
Integrated Advisors Network LLC0$00.00%−15,684−100.0%Sold out
SageView Advisory Group, LLC0$00.00%−15,469−100.0%Sold out
49 Wealth Management, LLC0$00.00%−14,413−100.0%Sold out
First American Trust, FSB0$00.00%−14,346−100.0%Sold out
Capital Insight Partners, LLC0$00.00%−13,033−100.0%Sold out
Connable Office Inc0$00.00%−12,209−100.0%Sold out
May Hill Capital, LLC0$00.00%−12,106−100.0%Sold out
Unique Wealth Strategies, LLC0$00.00%−12,045−100.0%Sold out
Lighthouse Financial LLC0$00.00%−11,171−100.0%Sold out
Gerber Kawasaki Wealth & Investment Management0$00.00%−10,890−100.0%Sold out
Hamilton Wealth, LLC0$00.00%−10,720−100.0%Sold out
Advisor OS, LLC0$00.00%−10,228−100.0%Sold out
Precision Wealth Strategies, LLC0$00.00%−10,128−100.0%Sold out
Cavalier Investments, LLC0$00.00%−10,049−100.0%Sold out
Diversify Advisory Services, LLC0$00.00%−8,187−100.0%Sold out
NorthCrest Asset Manangement, LLC0$00.00%−9,249−100.0%Sold out
Danske Bank A/S0$00.00%−10,000−100.0%Sold out
Indivisible Partners0$00.00%−9,466−100.0%Sold out
Patrick M Sweeney & Associates, Inc0$00.00%−9,455−100.0%Sold out
Sterling Investment Management, Inc.0$00.00%−9,089−100.0%Sold out
Fulton Bank, N.A.0$00.00%−9,045−100.0%Sold out
Somerville Kurt F0$00.00%−8,975−100.0%Sold out
Beacon Financial Advisory LLC0$00.00%−8,869−100.0%Sold out
Keel Point, LLC0$00.00%−8,861−100.0%Sold out
Silvercrest Asset Management Group LLC0$00.00%−8,831−100.0%Sold out
New Republic Capital, LLC0$00.00%−8,669−100.0%Sold out
Quantbot Technologies LP0$00.00%−8,631−100.0%Sold out
InTrack Investment Management Inc0$00.00%−8,480−100.0%Sold out
Summit Global Investments0$00.00%−8,434−100.0%Sold out
National Asset Management, Inc.0$00.00%−8,048−100.0%Sold out
Investment Partners Asset Management, Inc.0$00.00%−8,029−100.0%Sold out
Centric Wealth Management0$00.00%−6,887−100.0%Sold out
HBW Advisory Services LLC0$00.00%−7,966−100.0%Sold out
Kercheville Advisors, LLC0$00.00%−6,300−100.0%Sold out
Wiser Advisor Group LLC0$00.00%−7,602−100.0%Sold out
Sharp Financial Services, LLC0$00.00%−7,600−100.0%Sold out