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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
Beutel, Goodman & Co Ltd.57,713$2.12M0.01%−2,300−3.8%Reduced
BLKBRD Asset Management, LP57,664$2.12M5.54%−9,880−14.6%Reduced
Equitable Holdings, Inc.43,172$2.11M0.01%−1,117−2.5%Reduced
Limestone Investment Advisors LP56,510$2.08M1.02%+30,733+119.2%Added
JCIC Asset Management Inc.56,139$2.06M0.63%+21,125+60.3%Added
Apollon Wealth Management, LLC56,015$2.06M0.03%−4,815−7.9%Reduced
Parallel Advisors, LLC55,856$2.05M0.04%+12,138+27.8%Added
D.A. Davidson & Co.55,236$2.03M0.01%+9,605+21.0%Added
Factory Mutual Insurance Co55,023$2.02M0.02%−4,591−7.7%Reduced
Torrey Growth & Income Advisors55,783$2.02M0.85%+17,890+47.2%Added
Rhumbline Advisers54,739$2.01M0.00%−1,341−2.4%Reduced
Victory Capital Management Inc54,657$2.01M0.00%−129,272−70.3%Reduced
Bank of Nova Scotia54,407$2.00M0.00%+4,440+8.9%Added
Empowered Funds, LLC54,188$1.99M0.01%+54,188New
Ethic Inc.54,026$1.99M0.03%+7,756+16.8%Added
Keybank National Association53,982$1.98M0.01%+3,771+7.5%Added
Umb Bank N A53,807$1.98M0.03%−1,745−3.1%Reduced
Crossmark Global Holdings, Inc.53,742$1.98M0.03%−5,163−8.8%Reduced
Signaturefd, LLC53,683$1.97M0.03%−7,558−12.3%Reduced
Hantz Financial Services, Inc.53,302$1.96M0.03%−13,163−19.8%Reduced
Carolina Wealth Advisors, LLC52,995$1.95M0.81%−59,852−53.0%Reduced
Ritholtz Wealth Management52,477$1.93M0.03%−6,262−10.7%Reduced
RKL Wealth Management LLC52,347$1.92M0.17%−1,964−3.6%Reduced
Salem Investment Counselors Inc51,205$1.91M0.06%+41,513+428.3%Added
Sofos Investments, Inc.51,858$1.91M0.34%+5,838+12.7%Added
Optimist Retirement Group LLC51,561$1.89M0.84%+51,561New
Eukles Asset Management50,927$1.87M0.83%−2,006−3.8%Reduced
Sterling Capital Management LLC50,599$1.86M0.04%+6,827+15.6%Added
Beverly Hills Private Wealth, LLC50,343$1.85M0.31%+7,362+17.1%Added
Benjamin Edwards Inc49,864$1.83M0.02%+15,963+47.1%Added
UBS Asset Management Americas Inc49,637$1.82M0.00%+41,712+526.3%Added
CWA Asset Management Group, LLC49,505$1.82M0.06%−27,488−35.7%Reduced
Harbour Investment Management LLC47,720$1.81M0.98%−8,760−15.5%Reduced
BFSG, LLC49,179$1.81M0.17%−111−0.2%Reduced
Henry James International Management, Inc.49,156$1.81M0.65%−45−0.1%Reduced
Vise Technologies, Inc.35,214$1.79M0.04%00.0%Unchanged
Cardinal Capital Management46,693$1.77M0.23%+1,383+3.1%Added
Pinnacle Associates Ltd47,880$1.76M0.02%−22,611−32.1%Reduced
Bartlett & Co. Wealth Management LLC39,312$1.75M0.02%−1,599−3.9%Reduced
Bradley Foster & Sargent Inc46,960$1.73M0.03%+272+0.6%Added
Connor, Clark & Lunn Investment Management Ltd.46,923$1.72M0.00%+14,002+42.5%Added
Kennedy Investment Group46,776$1.72M0.67%+27,104+137.8%Added
Cox Capital Mgt LLC46,754$1.72M1.14%+19,854+73.8%Added
Warren Averett Asset Management, LLC46,510$1.71M0.01%+37,143+396.5%Added
Mattern Capital Management, LLC46,324$1.70M0.20%+16,524+55.4%Added
Sentinel Trust Co Lba46,238$1.70M0.17%00.0%Unchanged
1832 Asset Management L.P.46,089$1.69M0.00%−2,286−4.7%Reduced
Advisors Asset Management, Inc.46,071$1.69M0.03%+11,816+34.5%Added
Aurora Investment Counsel45,881$1.69M0.94%+1,496+3.4%Added
Rodgers Brothers Inc.45,550$1.67M0.19%−1,800−3.8%Reduced
Evergreen Capital Management LLC43,786$1.67M0.04%−130,740−74.9%Reduced
Sawyer & Company, Inc45,062$1.66M0.64%−2,511−5.3%Reduced
Wilson & Boucher Capital Management, LLC44,828$1.65M1.09%−3,210−6.7%Reduced
ICW Investment Advisors LLC44,741$1.64M0.59%+401+0.9%Added
Loudon Investment Management, LLC44,733$1.64M0.88%−5,450−10.9%Reduced
Brinker Capital Investments, LLC44,709$1.64M0.01%−42,515−48.7%Reduced
MAI Capital Management44,633$1.64M0.01%+1,937+4.5%Added
RFG Advisory, LLC44,173$1.62M0.03%+6,185+16.3%Added
Merit Financial Group, LLC44,034$1.62M0.01%+995+2.3%Added
Blair William & Co44,012$1.62M0.00%−2,258−4.9%Reduced
Ipswich Investment Management Co., Inc.43,541$1.60M0.38%−30,357−41.1%Reduced
AE Wealth Management LLC43,352$1.59M0.01%+29,605+215.4%Added
Coldstream Capital Management Inc43,342$1.59M0.02%+645+1.5%Added
CAPROCK Group, Inc.41,837$1.59M0.04%−2,260−5.1%Reduced
Manhattan West Asset Management, LLC42,665$1.57M0.31%+10,854+34.1%Added
Norden Group LLC42,652$1.57M0.15%+19,651+85.4%Added
Park Avenue Securities LLC42,248$1.55M0.01%−3,087−6.8%Reduced
Norman Fields, Gottscho Capital Management, LLC42,257$1.55M0.51%+5,320+14.4%Added
Snowden Capital Advisors LLC40,693$1.55M0.04%−19,862−32.8%Reduced
Kestra Private Wealth Services, LLC42,003$1.54M0.02%+11,661+38.4%Added
Longitude (Cayman) Ltd.42,000$1.54M1.35%+9,000+27.3%Added
Burkett Asset Management Ltd41,995$1.54M1.52%+6,160+17.2%Added
Destination Wealth Management41,068$1.51M0.04%+885+2.2%Added
North Star Asset Management Inc41,046$1.51M0.07%00.0%Unchanged
Motley Fool Wealth Management, LLC40,353$1.48M0.17%−15,009−27.1%Reduced
South State Corp.40,126$1.47M0.07%−6,887−14.6%Reduced
Greenline Partners, LLC39,476$1.45M0.16%00.0%Unchanged
Oversea-Chinese Banking CORP Ltd40,097$1.45M0.04%−19,347−32.5%Reduced
Gibbs Wealth Management39,273$1.44M0.19%+21,065+115.7%Added
Nicollet Investment Management, Inc.39,205$1.44M0.49%+18,633+90.6%Added
Yousif Capital Management, LLC38,849$1.43M0.02%00.0%Unchanged
Fifth Third Bancorp38,838$1.43M0.00%−3,322−7.9%Reduced
Centaurus Financial, Inc.38,244$1.41M0.07%−1,503−3.8%Reduced
Allspring Global Investments Holdings, LLC38,209$1.39M0.00%+7,465+24.3%Added
Cantor Fitzgerald Investment Adviser L.P.36,975$1.36M0.10%−5,125−12.2%Reduced
Voya Investment Management LLC36,940$1.36M0.00%+2,000+5.7%Added
Vident Advisory, LLC36,912$1.36M0.01%−4,751−11.4%Reduced
Patten & Patten Inc36,815$1.35M0.08%−738−2.0%Reduced
Ballentine Partners, LLC36,786$1.35M0.02%+8,894+31.9%Added
Adviser Investments LLC36,659$1.35M0.01%−51−0.1%Reduced
Clearstead Advisors, LLC36,595$1.34M0.01%+22,443+158.6%Added
Roberts Glore & Co Inc36,518$1.34M0.37%+10,370+39.7%Added
Evelyn Partners Asset Management Ltd36,443$1.34M0.33%−82,136−69.3%Reduced
Beacon Pointe Advisors, LLC36,324$1.33M0.01%+285+0.8%Added
Brooklands Fund Management Ltd35,445$1.33M1.76%−25−0.1%Reduced
Exencial Wealth Advisors, LLC36,257$1.33M0.04%+5,631+18.4%Added
Harbour Trust & Investment Management Co36,155$1.33M0.14%−3,541−8.9%Reduced
Sequoia Financial Advisors, LLC35,838$1.32M0.01%−3,570−9.1%Reduced
Bennett Selby Investments LP35,726$1.31M0.46%−22,701−38.9%Reduced
Taproot Management LP35,558$1.31M0.25%+35,558New