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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
Security Financial Services, INC.0$00.00%−7,489−100.0%Sold out
Dynasty Wealth Management, LLC0$00.00%−7,303−100.0%Sold out
First Manhattan Co0$00.00%−7,247−100.0%Sold out
Harvest Fund Management Co., Ltd0$00.00%−7,223−100.0%Sold out
Hardy Reed LLC0$00.00%−7,177−100.0%Sold out
FSM Wealth Advisors, LLC0$00.00%−6,788−100.0%Sold out
MJP Associates Inc0$00.00%−6,764−100.0%Sold out
Tucker Asset Management LLC0$00.00%−6,410−100.0%Sold out
Essex LLC0$00.00%−6,242−100.0%Sold out
LRT Capital Management, LLC0$00.00%−6,234−100.0%Sold out
Leo Wealth, LLC0$00.00%−6,105−100.0%Sold out
Fairfield Financial Advisors, LTD0$00.00%−6,066−100.0%Sold out
Cozad Asset Management Inc0$00.00%−6,019−100.0%Sold out
FDx Advisors, Inc.0$00.00%−6,017−100.0%Sold out
Chung Wu Investment Group, LLC0$00.00%−6,000−100.0%Sold out
Intercapital, LLC0$00.00%−6,000−100.0%Sold out
Traveka Wealth, LLC0$00.00%−5,950−100.0%Sold out
Armstrong, Fleming & Moore, Inc0$00.00%−5,878−100.0%Sold out
Valmark Advisers, Inc.0$00.00%−5,870−100.0%Sold out
Cyndeo Wealth Partners, LLC0$00.00%−5,847−100.0%Sold out
Calton & Associates, Inc.0$00.00%−5,719−100.0%Sold out
King Luther Capital Management Corp0$00.00%−5,717−100.0%Sold out
Frontier Asset Management, LLC0$00.00%−5,679−100.0%Sold out
Calamos Wealth Management LLC0$00.00%−5,639−100.0%Sold out
Mayflower Financial Advisors, LLC0$00.00%−5,601−100.0%Sold out
Novare Capital Management LLC0$00.00%−5,585−100.0%Sold out
Red Wave Investments LLC0$00.00%−5,509−100.0%Sold out
Custom Index Systems, LLC0$00.00%−5,506−100.0%Sold out
Fortress Private Ledger, LLC0$00.00%−5,486−100.0%Sold out
Park National Corp0$00.00%−5,438−100.0%Sold out
Arlington Capital Management, Inc.0$00.00%−5,422−100.0%Sold out
Hudson Portfolio Management LLC0$00.00%−5,415−100.0%Sold out
Verdence Capital Advisors LLC0$00.00%−5,394−100.0%Sold out
Asio Capital, LLC0$00.00%−5,386−100.0%Sold out
Elefante Mark B0$00.00%−5,370−100.0%Sold out
Elm Partners Management LLC0$00.00%−5,330−100.0%Sold out
Mission Creek Capital Partners, Inc.0$00.00%−5,342−100.0%Sold out
Hancock Whitney Corp0$00.00%−5,340−100.0%Sold out
True North Advisors, LLC0$00.00%−5,305−100.0%Sold out
Archford Capital Strategies, LLC0$00.00%−5,223−100.0%Sold out
Intrust Bank NA0$00.00%−5,215−100.0%Sold out
Samjo Management, LLC0$00.00%−5,200−100.0%Sold out
Defined Wealth Management, LLC0$00.00%−5,199−100.0%Sold out
a16z Perennial Management, L.P.0$00.00%−5,176−100.0%Sold out
Thompson David Blair0$00.00%−5,104−100.0%Sold out
BNC Wealth Management, LLC0$00.00%−5,058−100.0%Sold out
Camden Capital, LLC0$00.00%−5,052−100.0%Sold out
Accretive Wealth Partners, LLC0$00.00%−5,045−100.0%Sold out
Harbour Wealth Management Group, Inc.0$00.00%−5,034−100.0%Sold out
Dynamic Technology Lab Private Ltd0$00.00%−5,000−100.0%Sold out
Williams Jones Wealth Management, LLC.0$00.00%−4,950−100.0%Sold out
Aspiriant, LLC0$00.00%−4,941−100.0%Sold out
Moneta Group Investment Advisors LLC0$00.00%−4,929−100.0%Sold out
Essex Financial Services, Inc.0$00.00%−4,795−100.0%Sold out
Sargent Investment Group, LLC0$00.00%−4,776−100.0%Sold out
First Financial Bankshares Inc0$00.00%−4,774−100.0%Sold out
Sage Mountain Advisors LLC0$00.00%−4,769−100.0%Sold out
Fulcrum Equity Management0$00.00%−4,734−100.0%Sold out
Flputnam Investment Management Co0$00.00%−4,717−100.0%Sold out
Leavell Investment Management, Inc.0$00.00%−4,696−100.0%Sold out
Strategy Asset Managers LLC0$00.00%−4,694−100.0%Sold out
Raab & Moskowitz Asset Management LLC0$00.00%−4,571−100.0%Sold out
Clear Harbor Asset Management, LLC0$00.00%−4,552−100.0%Sold out
Howland Capital Management LLC0$00.00%−4,531−100.0%Sold out
Ellevest, Inc.0$00.00%−4,529−100.0%Sold out
Telos Capital Management, Inc.0$00.00%−4,519−100.0%Sold out
Martin Investment Management, LLC0$00.00%−4,484−100.0%Sold out
Signet Private Wealth LLC0$00.00%−4,468−100.0%Sold out
Tyche Wealth Partners LLC0$00.00%−4,460−100.0%Sold out
Cornerstone Wealth Management, LLC0$00.00%−4,445−100.0%Sold out
Chancellor Financial Group WB LP0$00.00%−4,414−100.0%Sold out
GTS Securities LLC0$00.00%−4,391−100.0%Sold out
Burns J W & Co Inc0$00.00%−4,350−100.0%Sold out
Patton Albertson Miller Group, LLC0$00.00%−4,337−100.0%Sold out
Innova Wealth Partners0$00.00%−4,337−100.0%Sold out
NFP Retirement, Inc.0$00.00%−4,319−100.0%Sold out
Painted Porch Advisors LLC0$00.00%−4,312−100.0%Sold out
RIA Advisory Group LLC0$00.00%−4,298−100.0%Sold out
Plimoth Trust Co LLC0$00.00%−4,275−100.0%Sold out
Werba Rubin Papier Wealth Management0$00.00%−4,270−100.0%Sold out
Brucke Financial, Inc.0$00.00%−4,260−100.0%Sold out
Beacon Financial Group0$00.00%−4,248−100.0%Sold out
LJI Wealth Management, LLC0$00.00%−4,239−100.0%Sold out
Colorado Capital Management, Inc.0$00.00%−4,209−100.0%Sold out
Trajan Wealth LLC0$00.00%−4,200−100.0%Sold out
Jefferson Bridge Capital, LLC0$00.00%−4,149−100.0%Sold out
Everpar Advisors LLC0$00.00%−4,145−100.0%Sold out
Mesirow Financial Investment Management, Inc.0$00.00%−4,134−100.0%Sold out
Ocean Capital Management, LLC0$00.00%−4,129−100.0%Sold out
Fox Run Management, L.L.C.0$00.00%−4,118−100.0%Sold out
Marin Bay Wealth Advisors, LLC0$00.00%−4,110−100.0%Sold out
Fedenia Advisers LLC0$00.00%−4,101−100.0%Sold out
Avise Financial Cooperative, Inc.0$00.00%−4,041−100.0%Sold out
Paces Ferry Wealth Advisors, LLC0$00.00%−4,040−100.0%Sold out
Viawealth, LLC0$00.00%−4,036−100.0%Sold out
Journey Strategic Wealth LLC0$00.00%−4,035−100.0%Sold out
Verus Capital Partners, LLC0$00.00%−4,027−100.0%Sold out
TRUE Private Wealth Advisors0$00.00%−4,017−100.0%Sold out
Abundance Wealth Counselors0$00.00%−4,007−100.0%Sold out
WSFS Capital Management, LLC0$00.00%−4,002−100.0%Sold out