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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
Costello Asset Management, INC600$22.1K0.01%+97+19.3%Added
Financial Life Planners603$22.2K0.02%+603New
JFS Wealth Advisors, LLC607$22.3K0.00%−190−23.8%Reduced
Kozak & Associates, Inc.593$22.5K0.00%00.0%Unchanged
Oakworth Capital, Inc.619$22.7K0.00%00.0%Unchanged
Gill Capital Partners, LLC621$22.8K0.01%+621New
Hager Investment Management Services, LLC684$25.1K0.01%00.0%Unchanged
Pinnacle Bancorp, Inc.692$25.4K0.01%+150+27.7%Added
Twin Peaks Wealth Advisors, LLC695$25.5K0.01%+695New
Root Financial Partners, LLC697$25.6K0.00%−140−16.7%Reduced
Trust Co of Toledo NA700$25.7K0.00%00.0%Unchanged
Farmers & Merchants Trust Co of Chambersburg PA715$26.0K0.01%−240−25.1%Reduced
Medallion Wealth Advisors, LLC710$26.1K0.01%+454+177.3%Added
Scarborough Advisors, LLC717$26.4K0.00%+717New
Quent Capital, LLC726$26.7K0.00%−144−16.6%Reduced
Colonial Trust Co728$26.8K0.00%−65−8.2%Reduced
Tidemark, LLC747$27.5K0.01%+597+398.0%Added
Golden State Wealth Management, LLC761$28.0K0.00%−1,628−68.1%Reduced
Solstein Capital, LLC794$29.2K0.01%00.0%Unchanged
Rocky Mountain Advisers, LLC800$29.4K0.01%00.0%Unchanged
Missouri Trust & Investment Co800$29.4K0.01%00.0%Unchanged
Community Bank, N.A.806$29.6K0.00%00.0%Unchanged
Aviso Financial Inc.808$29.7K0.00%−3,484−81.2%Reduced
Align Financial, LLC812$29.8K0.02%−40,503−98.0%Reduced
True Wealth Design, LLC822$30.2K0.01%+464+129.6%Added
Lavaca Capital LLC840$30.9K0.01%00.0%Unchanged
Bogart Wealth, LLC841$30.9K0.00%00.0%Unchanged
Provenance Wealth Advisors, LLC841$30.9K0.00%00.0%Unchanged
Entrust Financial LLC874$32.1K0.02%−495−36.2%Reduced
Kennebec Savings Bank892$32.8K0.03%00.0%Unchanged
Bruce G. Allen Investments, LLC894$32.9K0.02%+871+3,787.0%Added
Ritter Daniher Financial Advisory LLC895$32.9K0.01%00.0%Unchanged
TSFG, LLC900$33.0K0.01%−600−40.0%Reduced
Horizon Investments, LLC946$34.8K0.00%+780+469.9%Added
North Star Investment Management Corp.966$35.5K0.00%−530−35.4%Reduced
Ameriflex Group, Inc.967$35.5K0.02%+197+25.6%Added
Heritage Wealth Advisors1,050$38.6K0.00%00.0%Unchanged
Washington Trust Advisors, Inc.1,080$39.7K0.00%−1−0.1%Reduced
Investment Research & Advisory Group, Inc.1,115$41.0K0.01%00.0%Unchanged
Vanguard National Trust Co1,118$41.1K0.00%+1,118New
Creative Financial Designs Inc1,140$41.9K0.00%−30−2.6%Reduced
Owl Creek Wealth Partners LLC1,140$41.9K0.01%+1,140New
Manitou Investment Management Ltd.1,159$42.6K0.01%00.0%Unchanged
Glen Eagle Advisors, LLC1,179$43.3K0.01%−265−18.4%Reduced
Barrett & Company, Inc.1,189$43.7K0.02%00.0%Unchanged
RWM Asset Management, LLC1,192$43.8K0.00%+1,192New
HM Payson & Co1,206$44.3K0.00%−1,019−45.8%Reduced
Sunrise Financial Services, LLC1,209$44.4K0.03%−975−44.6%Reduced
Cassaday & Co Wealth Management LLC1,218$44.8K0.00%+1,218New
Union Savings Bank1,252$46.0K0.02%−4,885−79.6%Reduced
Lodestone Wealth Management LLC1,260$46.3K0.02%+12+1.0%Added
Ares Financial Consulting, LLC1,270$46.3K0.04%+1,270New
First Horizon Corp1,268$46.6K0.00%−228−15.2%Reduced
Cary Street Partner Investment Advisory LLC1,277$46.9K0.01%−241−15.9%Reduced
Cornerstone Planning Group LLC1,053$47.2K0.01%−198−15.8%Reduced
Gilpin Wealth Management, LLC1,309$48.1K0.04%00.0%Unchanged
SHP Wealth Management1,314$48.3K0.00%−2−0.2%Reduced
Transamerica Financial Advisors, Inc.1,319$50.1K0.00%+716+118.7%Added
Bank Julius Baer & Co. Ltd, Zurich1,373$50.5K0.00%−2,693−66.2%Reduced
Zions Bancorporation, National Association1,379$50.7K0.00%−19,937−93.5%Reduced
Frazier Financial Advisors, LLC1,404$51.6K0.03%−3,074−68.6%Reduced
S&T Bank1,430$52.6K0.02%00.0%Unchanged
City State Bank1,440$52.9K0.01%+400+38.5%Added
Kingdom Financial Group LLC.1,441$53.0K0.02%+640+79.9%Added
Lloyd Advisory Services, LLC.1,441$53.0K0.02%+1,441New
Crewe Advisors LLC1,463$53.8K0.00%+24+1.7%Added
Philadelphia Investment Partners, LLC1,466$53.9K0.04%+1,466New
Signature Equity Partners, LLC1,572$57.8K0.03%+1,306+491.0%Added
Sound Income Strategies, LLC1,592$58.1K0.00%−199−11.1%Reduced
Asset Dedication, LLC1,605$59.0K0.00%−150−8.5%Reduced
JNBA Financial Advisors1,676$61.6K0.01%00.0%Unchanged
Whipplewood Advisors, LLC1,680$61.7K0.03%+606+56.4%Added
Independence Bank of Kentucky1,700$62.5K0.01%−2,772−62.0%Reduced
Hilltop National Bank1,716$63.1K0.01%−1,404−45.0%Reduced
Gables Capital Management Inc.1,775$65.2K0.03%00.0%Unchanged
Pingora Partners LLC1,800$66.2K0.04%+1,360+309.1%Added
Hollencrest Capital Management1,841$67.7K0.00%−1,047−36.3%Reduced
Aventura Private Wealth, LLC1,864$68.5K0.03%−675−26.6%Reduced
MSRH, LLC1,868$68.6K0.06%00.0%Unchanged
Addison Advisors LLC1,929$70.9K0.02%+385+24.9%Added
Strategic Wealth Partners, Ltd.1,998$73.4K0.01%+2+0.1%Added
Avalon Trust Co2,000$73.5K0.01%00.0%Unchanged
Stone House Investment Management, LLC2,003$73.6K0.01%+2,003New
Parvin Asset Management, LLC2,015$74.1K0.05%00.0%Unchanged
Kerr Financial Planning Corp1,800$74.5K0.09%−309−14.7%Reduced
General Partner, Inc.2,080$76.4K0.05%00.0%Unchanged
N.E.W. Advisory Services LLC2,114$77.7K0.01%00.0%Unchanged
FNY Investment Advisers, LLC2,130$78.0K0.03%+30+1.4%Added
Westerkirk Capital Inc.2,128$78.2K0.01%00.0%Unchanged
Parkside Financial Bank & Trust2,153$79.1K0.01%−149−6.5%Reduced
Greykasell Wealth Strategies, Inc.2,269$83.4K0.03%00.0%Unchanged
Princeton Global Asset Management LLC2,307$84.8K0.01%00.0%Unchanged
Nisa Investment Advisors, LLC2,236$84.9K0.00%+734+48.9%Added
Brentview Investment Management LLC2,334$85.8K0.04%00.0%Unchanged
AdvisorNet Financial, Inc2,436$89.5K0.00%+323+15.3%Added
Rexford Capital Inc2,602$95.6K0.07%+166+6.8%Added
Truvestments Capital LLC2,617$96.2K0.02%+978+59.7%Added
Salomon & Ludwin, LLC2,673$98.8K0.01%+1,488+125.6%Added
BOK Financial Private Wealth, Inc.2,616$99.3K0.01%+116+4.6%Added
NBC Securities, Inc.2,752$101.1K0.01%−83−2.9%Reduced