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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: 1,746 institutionsQ2 2024: 1,867 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 20241,867$47.9B
Q1 20241,746$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
Cornerstone Financial Management LLC163$5.99K0.01%−18−9.9%Reduced
Benson Wealth Management INC163$5.99K0.01%00.0%Unchanged
Prestige Wealth Management Group LLC159$6.04K0.00%−220−58.0%Reduced
Retirement Wealth Solutions LLC165$6.06K0.00%−11−6.3%Reduced
Tacita Capital Inc169$6.21K0.00%00.0%Unchanged
Adkins Seale Capital Management LLC174$6.39K0.01%00.0%Unchanged
Principia Wealth Advisory, LLC174$6.39K0.00%+12+7.4%Added
Sachetta, LLC178$6.76K0.00%00.0%Unchanged
Copeland Capital Management, LLC186$6.83K0.00%−171−47.9%Reduced
Alerus Financial NA186$6.84K0.00%00.0%Unchanged
YANKCOM Partnership190$6.98K0.00%00.0%Unchanged
Avion Wealth205$7.00K0.00%+105+105.0%Added
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main199$7.13K0.00%00.0%Unchanged
SOA Wealth Advisors, LLC.197$7.24K0.00%00.0%Unchanged
Magnolia Wealth Management, LLC197$7.24K0.00%+197New
Arlington Trust Co LLC197$7.24K0.00%+197New
McIlrath & Eck, LLC200$7.35K0.00%00.0%Unchanged
Graney & King, LLC200$7.35K0.00%00.0%Unchanged
Vision Financial Markets LLC200$7.35K0.01%+200New
Orion Capital Management LLC200$7.35K0.00%+200New
PFS Partners, LLC200$7.35K0.00%+200New
Trask Adam Roland200$7.35K0.01%+200New
Archer Investment Corp204$7.50K0.00%00.0%Unchanged
Triumph Capital Management198$7.51K0.00%−80−28.8%Reduced
TD Capital Management LLC212$7.81K0.00%00.0%Unchanged
Quaker Wealth Management, LLC215$7.90K0.00%−400−65.0%Reduced
Marshall & Sterling Wealth Advisors Inc.218$8.01K0.01%00.0%Unchanged
Caldwell Trust Co220$8.09K0.00%00.0%Unchanged
MJT & Associates Financial Advisory Group, Inc.224$8.23K0.01%00.0%Unchanged
Valued Wealth Advisors LLC221$8.39K0.00%+126+132.6%Added
CVA Family Office, LLC230$8.45K0.00%00.0%Unchanged
Bank & Trust Co233$8.56K0.01%00.0%Unchanged
MidFirst Bank241$8.86K0.00%−7,251−96.8%Reduced
Bullock Wealth Management Group245$8.94K0.00%−11−4.3%Reduced
Financial Management Professionals, Inc.240$9.11K0.00%−169−41.3%Reduced
Piscataqua Savings Bank250$9.19K0.01%00.0%Unchanged
Intentional Wealth Strategies, LLC253$9.30K0.01%+253New
Evermay Wealth Management LLC250$9.49K0.00%00.0%Unchanged
MPWM Advisory Solutions, LLC260$9.55K0.01%00.0%Unchanged
Bell Investment Advisors, Inc264$9.70K0.00%−89−25.2%Reduced
Pacific Center for Financial Services270$9.92K0.00%00.0%Unchanged
Atlantic Edge Private Wealth Management, LLC275$10.1K0.00%−50−15.4%Reduced
Silicon Valley Capital Partners276$10.1K0.00%00.0%Unchanged
Vision Retirement, LLC286$10.5K0.00%00.0%Unchanged
Stance Capital LLC289$10.6K0.01%+289New
Caitlin John, LLC299$11.0K0.01%+7+2.4%Added
Citizens National Bank Trust Department300$11.0K0.00%00.0%Unchanged
MTM Investment Management, LLC300$11.0K0.00%00.0%Unchanged
Johnson Financial Group, Inc.300$11.4K0.00%−27−8.3%Reduced
Golden State Equity Partners325$11.9K0.00%+325New
IAG Wealth Partners, LLC326$12.0K0.00%00.0%Unchanged
Ogorek Anthony Joseph340$12.0K0.00%00.0%Unchanged
UMA Financial Services, Inc.328$12.1K0.00%−3−0.9%Reduced
NorthAvenue LLC331$12.2K0.01%00.0%Unchanged
Raffa Wealth Management, LLC335$12.3K0.00%−32−8.7%Reduced
Basepoint Wealth LLC343$12.6K0.01%+1+0.3%Added
VSM Wealth Advisory, LLC350$12.9K0.00%+350New
Centerpoint Advisors, LLC350$13.0K0.00%+100+40.0%Added
First Command Advisory Services, Inc.366$13.5K0.00%00.0%Unchanged
E Fund Management (Hong Kong) Co., Ltd.374$13.7K0.01%+374New
Albion Financial Group383$14.1K0.00%+30+8.5%Added
JPL Wealth Management, LLC396$14.6K0.00%+396New
MRP Capital Investments, LLC400$14.7K0.01%+400New
Berbice Capital Management LLC400$14.7K0.01%+400New
Caldwell Sutter Capital, Inc.407$15.0K0.01%+185+83.3%Added
Curio Wealth, LLC415$15.3K0.01%00.0%Unchanged
Plante Moran Financial Advisors, LLC415$15.3K0.00%00.0%Unchanged
Disciplina Capital Management LLC416$15.3K0.00%00.0%Unchanged
WPG Advisers, LLC417$15.3K0.01%−1,130−73.0%Reduced
WealthCollab, LLC421$15.5K0.01%−117−21.7%Reduced
Roble, Belko & Company, Inc428$16.0K0.00%−464−52.0%Reduced
CX Institutional444$16.0K0.00%−104−19.0%Reduced
Blume Capital Management, Inc.437$16.1K0.00%+362+482.7%Added
Private Wealth Asset Management, LLC444$16.3K0.00%00.0%Unchanged
Kelly Lawrence W & Associates Inc450$16.5K0.00%00.0%Unchanged
DAGCO, Inc.450$16.5K0.00%00.0%Unchanged
POM Investment Strategies, LLC454$16.7K0.02%00.0%Unchanged
J.Safra Asset Management Corp466$17.1K0.00%00.0%Unchanged
Glass Jacobson Investment Advisors llc470$17.3K0.01%00.0%Unchanged
Maseco LLP471$17.3K0.00%−103−17.9%Reduced
Thurston, Springer, Miller, Herd & Titak, Inc.472$17.3K0.01%00.0%Unchanged
Red Tortoise LLC476$17.5K0.01%00.0%Unchanged
Rossby Financial, LCC482$17.6K0.00%+42+9.5%Added
Hilton Head Capital Partners, LLC481$17.7K0.01%+250+108.2%Added
Atwood & Palmer Inc488$17.9K0.00%00.0%Unchanged
Indiana Trust & Investment Management CO491$18.0K0.01%00.0%Unchanged
Godfrey Financial Associates, Inc.493$18.1K0.02%00.0%Unchanged
Highline Wealth Partners LLC495$18.2K0.00%+43+9.5%Added
Roxbury Financial LLC500$18.4K0.02%+100+25.0%Added
Allianz SE506$18.6K0.00%00.0%Unchanged
Wall Street Financial Group, Inc.512$18.8K0.01%+512New
American National Bank513$18.9K0.00%−30−5.5%Reduced
Chelsea Counsel Co500$19.0K0.01%00.0%Unchanged
Steigerwald, Gordon & Koch Inc.534$19.6K0.00%00.0%Unchanged
Dunhill Financial, LLC540$19.8K0.00%00.0%Unchanged
Halbert Hargrove Global Advisors, LLC549$20.2K0.00%00.0%Unchanged
Jackson, Grant Investment Advisers, Inc.561$20.6K0.01%00.0%Unchanged
Close Asset Management Ltd570$21.0K0.00%00.0%Unchanged
Granite FO LLC590$21.7K0.01%00.0%Unchanged
GW&K Investment Management, LLC600$22.0K0.00%−42−6.5%Reduced