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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
Cetera Investment Advisers396,557$14.6M0.02%+110,186+38.5%Added
Simplex Trading, LLC392,803$14.4M0.45%−624,359−61.4%Reduced
U.S. Capital Wealth Advisors, LLC385,620$14.2M0.36%+191,868+99.0%Added
Balyasny Asset Management LLC383,146$14.1M0.03%−124,963−24.6%Reduced
Traynor Capital Management, Inc.397,175$14.0M0.83%−4,958−1.2%Reduced
Charles Schwab Investment Management Inc381,264$14.0M0.00%−20,734−5.2%Reduced
Scotia Capital Inc.381,226$14.0M0.06%+61,064+19.1%Added
Walleye Trading LLC378,650$13.9M0.29%+36,143+10.6%Added
Cim, LLC374,817$13.8M1.99%+158,732+73.5%Added
Engineers Gate Manager LP364,111$13.4M0.17%+355,643+4,199.8%Added
Credit Agricole S A358,137$13.2M0.04%−71,948−16.7%Reduced
Foresight Global Investors, Inc.355,574$13.1M8.48%+25,323+7.7%Added
Quantinno Capital Management LP351,692$12.9M0.02%+33,006+10.4%Added
TIAA Wealth Investment Management LLC349,118$12.8M0.10%+349,118New
Advisor Group Holdings, Inc.342,477$12.6M0.02%+43,148+14.4%Added
Colony Group, LLC340,709$12.5M0.01%−503,525−59.6%Reduced
Cambiar Investors LLC333,293$12.2M0.57%+333,293New
Modera Wealth Management, LLC331,601$12.2M0.15%−10,881−3.2%Reduced
Mariner, LLC330,742$12.1M0.01%+8,509+2.6%Added
Simplify Asset Management Inc.327,357$12.0M0.19%+327,357New
Pathstone Holdings, LLC325,687$12.0M0.05%−19,366−5.6%Reduced
Clifford Swan Investment Counsel LLC324,741$11.9M0.41%+5,680+1.8%Added
Baird Financial Group, Inc.320,799$11.8M0.02%−1,606,733−83.4%Reduced
Cullen/Frost Bankers, Inc.319,046$11.7M0.13%+151,624+90.6%Added
Penbrook Management LLC316,200$11.6M8.80%−200−0.1%Reduced
Prospera Financial Services Inc315,270$11.6M0.19%−126,588−28.6%Reduced
Clear Street Group Inc.297,061$10.9M0.06%−283,765−48.9%Reduced
Eastern Bank292,377$10.7M0.18%+210,000+254.9%Added
Vontobel Holding Ltd.290,222$10.7M0.04%+114,071+64.8%Added
QV Investors Inc.287,598$10.6M0.86%+79,330+38.1%Added
Dividend Assets Capital, LLC272,379$10.0M2.00%+2,525+0.9%Added
Viking Fund Management LLC270,000$9.92M1.02%+20,000+8.0%Added
Cantor Fitzgerald, L. P.261,574$9.61M0.35%−314,653−54.6%Reduced
RPG Investment Advisory, LLC260,620$9.58M1.16%+31,355+13.7%Added
SALT Holding Corp.256,134$9.41M5.78%+256,134New
US Bancorp251,687$9.25M0.01%+27,274+12.2%Added
Commonwealth Equity Services, LLC250,569$9.21M0.01%+19,109+8.3%Added
Oak Family Advisors, LLC248,745$9.14M2.82%−25,483−9.3%Reduced
Old National Bancorp241,278$8.87M0.15%+190,493+375.1%Added
Sanctuary Advisors, LLC239,948$8.82M0.05%+29,581+14.1%Added
Knuff & Co LLC235,229$8.64M2.60%+63,479+37.0%Added
HighTower Advisors, LLC235,066$8.64M0.01%+51,865+28.3%Added
Contrarius Group Holdings Ltd226,951$8.34M0.47%−703,416−75.6%Reduced
Assetmark, Inc225,788$8.30M0.02%−11,608−4.9%Reduced
Oppenheimer & Co Inc225,210$8.28M0.10%−9,632−4.1%Reduced
CWM, LLC218,589$8.03M0.02%+80,863+58.7%Added
Wealth Enhancement Advisory Services, LLC208,837$7.72M0.02%+24,667+13.4%Added
JLB & Associates Inc209,507$7.70M1.11%−1,815−0.9%Reduced
Level Four Advisory Services, LLC208,855$7.68M0.25%+114,729+121.9%Added
Dillon & Associates Inc206,349$7.63M1.05%−94,849−31.5%Reduced
PFM Health Sciences, LP197,181$7.25M0.76%+197,181New
O'Shaughnessy Asset Management, LLC196,074$7.21M0.04%+2,017+1.0%Added
Hutchinson Capital Management194,428$7.15M1.31%−5,513−2.8%Reduced
Stevens Capital Management LP191,736$7.05M1.09%+191,736New
Manufacturers Life Insurance Company, The187,246$6.88M0.01%+50,039+36.5%Added
Exchange Traded Concepts, LLC183,834$6.76M0.05%+12,166+7.1%Added
AQR Capital Management LLC181,129$6.66M0.00%+39,719+28.1%Added
Carnegie Capital Asset Management, LLC178,029$6.54M0.13%−67,020−27.3%Reduced
Stamos Capital Partners, L.P.177,423$6.52M1.02%+39,825+28.9%Added
Neuberger Berman Group LLC177,065$6.46M0.00%+36,322+25.8%Added
Altrafin AG174,413$6.41M2.21%−770−0.4%Reduced
Foundation Resource Management Inc174,126$6.40M0.72%+5,312+3.1%Added
Manning & Napier Advisors LLC173,167$6.36M0.09%+6,235+3.7%Added
Russell Investments Group, Ltd.172,806$6.35M0.01%−5,209−2.9%Reduced
Y-Intercept (Hong Kong) Ltd165,981$6.10M0.12%+134,095+420.5%Added
Alpine Fox Capital LLC165,000$6.06M5.71%+15,000+10.0%Added
Kestra Advisory Services, LLC164,361$6.04M0.02%+17,511+11.9%Added
Eldred Rock Partners, LLC163,850$6.02M1.53%−1,440−0.9%Reduced
Birch Capital Management, LLC162,142$5.96M3.12%+3,594+2.3%Added
MML Investors Services, LLC160,654$5.90M0.02%−28,356−15.0%Reduced
Atria Investments LLC159,507$5.86M0.07%+6,778+4.4%Added
Trillium Asset Management, LLC145,602$5.86M0.19%−21,732−13.0%Reduced
Claret Asset Management Corp157,347$5.78M0.69%+4,737+3.1%Added
Vestmark Advisory Solutions, Inc.156,945$5.77M0.06%+28,548+22.2%Added
PEAK6 LLC156,695$5.76M0.17%−1,767−1.1%Reduced
Capital International Inc155,415$5.71M0.04%+67,480+76.7%Added
Leonteq Securities AG153,243$5.63M0.34%+153,243New
M. Kulyk & Associates, LLC152,311$5.60M1.04%+710.0%Added
Beacon Investment Advisory Services, Inc.151,689$5.57M0.23%−9,072−5.6%Reduced
Mercer Global Advisors Inc149,847$5.51M0.01%−14,643−8.9%Reduced
ARS Investment Partners, LLC149,056$5.48M0.28%−19,504−11.6%Reduced
Boston Partners145,020$5.33M0.01%−5,231,804−97.3%Reduced
Captrust Financial Advisors143,005$5.25M0.01%+23,442+19.6%Added
QRG Capital Management, Inc.142,431$5.23M0.05%+32,145+29.1%Added
Cambridge Investment Research Advisors, Inc.142,246$5.23M0.01%−4,615−3.1%Reduced
Centiva Capital, LP139,189$5.12M0.24%+134,189+2,683.8%Added
Avaii Wealth Management, LLC136,348$5.01M1.75%+122,911+914.7%Added
Banco Santander, S.A.134,137$4.93M0.04%+43,573+48.1%Added
Squarepoint Ops LLC131,865$4.85M0.01%−802,779−85.9%Reduced
Glenmede Trust Co NA131,387$4.83M0.02%−29,374−18.3%Reduced
Hikari Power Ltd130,300$4.79M0.42%00.0%Unchanged
Hudson Bay Capital Management LP125,038$4.60M0.03%−404,165−76.4%Reduced
Money Concepts Capital Corp123,261$4.53M0.25%+8,260+7.2%Added
Round Hill Asset Management121,875$4.48M2.93%+24,215+24.8%Added
Sphera Funds Management Ltd.120,677$4.43M0.76%+5,000+4.3%Added
Federation des caisses Desjardins du Quebec120,471$4.43M0.02%−60,079−33.3%Reduced
Callan Family Office, LLC120,410$4.43M0.10%+11,506+10.6%Added
Greenfield Seitz Capital Management, LLC120,379$4.42M1.33%+20,001+19.9%Added
SFMG, LLC119,774$4.40M0.30%+3,757+3.2%Added
Northwestern Mutual Wealth Management Co119,596$4.40M0.00%−54,812−31.4%Reduced