DaveManuel.com · Institutional Ownership · Who Owns It
NOVO-NORDISK A S (NVO)
Institutional ownership reported to the SEC as of Q2 2026, across 32 quarters.
1,376
Reporting holders
$21.2B
Reported value
11.1%
Calls
12.1%
Puts
+82
Holder change
Calls and puts are the parts of reported value carried in derivative lines rather than shares, and they point in opposite directions: a manager holding calls is positioned for the security, one holding puts against it - or hedging shares they already own, which is why index funds carry so many. Most sites add the two together and report one figure, which averages away the only interesting part.
Holders
| Filer | Value | Shares | Their book | Held | Change |
|---|---|---|---|---|---|
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $1.2B incl. $999.0M options CALL+PUT | 4,815,576 | 0.10% | 31q | -56.6%-$1.6B |
| Dodge & Cox | $977.8M | 20,397,110 | 0.51% | 2q | +5.5%+$51.0M |
| CITADEL ADVISORS LLC | $923.2M incl. $857.7M options CALL+PUT | 1,366,275 | 0.11% | 31q | -50.1%-$925.9M |
| LOOMIS SAYLES & CO L P | $891.4M | 18,594,352 | 1.12% | 31q | +9.3%+$75.6M |
| FRANKLIN RESOURCES INC | $625.2M | 13,041,109 | 0.14% | 31q | -18.9%-$145.9M |
| PeakShares LLC | $606.1M | 12,642,000 | 0.45% | 3q | +99900.0%+$605.5M |
| GOLDMAN SACHS GROUP INC | $565.2M incl. $125.1M options CALL+PUT | 9,180,490 | 0.05% | 31q | +79.3%+$249.9M |
| JANE STREET GROUP, LLC | $562.0M CALL+PUT | options only | 0.05% | 31q | OPTIONS |
| PRICE T ROWE ASSOCIATES INC /MD/ | $561.1M | 11,704,719 | 0.06% | 15q | +5.8%+$30.9M |
| MORGAN STANLEY | $559.0M | 11,659,869 | 0.03% | 35q | +7.3%+$37.9M |
| BANK OF AMERICA CORP /DE/ | $535.8M | 11,176,712 | 0.03% | 31q | +3.8%+$19.5M |
| Capital International Investors | $467.6M | 9,721,180 | 0.10% | 31q | -17.6%-$99.8M |
| FOLKETRYGDFONDET | $456.5M | 9,522,383 | 9.85% | 31q | +4.9%+$21.2M |
| Optiver Holding B.V. | $435.4M incl. $433.1M options CALL+PUT | 47,719 | 0.12% | 17q | HELD |
| D. E. Shaw & Co., Inc. | $411.4M incl. $377.9M options CALL+PUT | 697,567 | 0.20% | 18q | -65.8%-$791.2M |
| Fisher Asset Management, LLC | $399.1M | 8,324,948 | 0.12% | 31q | -7.7%-$33.4M |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | $396.5M | 8,270,785 | 0.18% | 2q | +5.7%+$21.3M |
| UBS Group AG | $353.0M incl. $161.9M options CALL+PUT | 3,984,940 | 0.04% | 31q | -12.7%-$51.4M |
| EVERETT HARRIS & CO /CA/ | $310.4M | 6,475,622 | 3.81% | 31q | +0.8%+$2.4M |
| STATE FARM MUTUAL AUTOMOBILE INSURANCE CO | $294.5M | 6,142,778 | 0.20% | 31q | HELD |
| STATE STREET CORP | $284.6M | 5,869,834 | 0.01% | 31q | +0.6%+$1.6M |
| ROYAL BANK OF CANADA | $258.8M | 5,399,061 | 0.04% | 31q | +19.2%+$41.8M |
| Capital World Investors | $249.6M | 5,205,926 | 0.03% | 31q | HELD |
| MILLENNIUM MANAGEMENT LLC | $240.9M incl. $143.3M options CALL+PUT | 2,035,939 | 0.09% | 22q | +44.5%+$74.2M |
| FRED ALGER MANAGEMENT, LLC | $235.3M | 4,907,570 | 0.78% | new | NEW |
| WELLS FARGO & COMPANY/MN | $223.3M | 4,657,642 | 0.04% | 31q | +27.9%+$48.7M |
| ENVESTNET ASSET MANAGEMENT INC | $193.3M | 4,031,114 | 0.05% | 31q | +1.8%+$3.4M |
| BlackRock, Inc. | $185.1M | 3,861,182 | 0.00% | 8q | +30.8%+$43.6M |
| NORTHERN TRUST CORP | $177.1M | 3,693,198 | 0.02% | 31q | +1.0%+$1.8M |
| Point72 Asset Management, L.P. | $174.3M incl. $172.9M options CALL+PUT | 29,198 | 0.19% | 13q | HELD |
| SIMPLEX TRADING, LLC | $173.1M CALL+PUT | options only | 0.10% | 31q | OPTIONS |
| IMC-Chicago, LLC | $163.6M CALL+PUT | options only | 0.04% | 12q | OPTIONS |
| Saratoga Research & Investment Management | $155.1M | 3,236,009 | 8.49% | 31q | -5.8%-$9.6M |
| BANK OF NOVA SCOTIA | $148.4M incl. $1.4M options PUT | 3,065,015 | 0.22% | 8q | +5533.5%+$145.7M |
| BARCLAYS PLC | $147.9M incl. $16.5M options CALL+PUT | 2,739,617 | 0.03% | 31q | -16.6%-$29.4M |
| RENAISSANCE TECHNOLOGIES LLC | $145.4M | 3,032,421 | 0.20% | 31q | -10.7%-$17.5M |
| Nuveen, LLC | $142.3M | 2,969,256 | 0.03% | new | NEW |
| Fayez Sarofim & Co | $140.2M | 2,924,500 | 0.33% | 31q | -13.9%-$22.6M |
| RAYMOND JAMES FINANCIAL INC | $139.7M incl. $510.0K options CALL | 2,903,988 | 0.04% | 7q | -17.8%-$30.2M |
| Markel Group Inc. | $137.6M | 2,869,774 | 1.05% | 31q | HELD |
| ACADIAN ASSET MANAGEMENT LLC | $131.2M | 2,736,697 | 0.16% | 20q | +507.5%+$109.6M |
| FARALLON CAPITAL MANAGEMENT, L.L.C. | $125.6M | 2,619,000 | 0.58% | 2q | +234.9%+$88.1M |
| JPMORGAN CHASE & CO | $123.0M incl. $45.1M options CALL+PUT | 1,612,426 | 0.01% | 31q | -42.6%-$91.3M |
| FMR LLC | $110.6M | 2,306,393 | 0.00% | 31q | +70.5%+$45.7M |
| GROUP ONE TRADING LLC | $109.4M incl. $106.4M options CALL+PUT | 63,042 | 0.15% | 31q | -39.6%-$71.9M |
| NATIXIS ADVISORS, LLC | $96.2M | 2,006,551 | 0.11% | 31q | +49.8%+$32.0M |
| CITIGROUP INC | $86.3M incl. $38.1M options CALL+PUT | 1,006,032 | 0.03% | 31q | -35.0%-$46.5M |
| LPL Financial LLC | $83.3M | 1,737,333 | 0.02% | 31q | +31.3%+$19.9M |
| MARSHALL WACE, LLP | $81.8M | 1,707,104 | 0.06% | 3q | -44.0%-$64.2M |
| AMERIPRISE FINANCIAL INC | $80.6M | 1,688,444 | 0.02% | 31q | -3.4%-$2.8M |
| CAUSEWAY CAPITAL MANAGEMENT LLC | $80.4M | 1,677,615 | 0.87% | 5q | +42.9%+$24.1M |
| MAVERICK CAPITAL LTD | $79.3M | 1,653,872 | 0.70% | 2q | -20.5%-$20.4M |
| Qube Research & Technologies Ltd | $76.4M incl. $51.4M options CALL+PUT | 520,267 | 0.07% | 13q | HELD |
| Rockefeller Capital Management L.P. | $75.1M | 1,566,451 | 0.12% | 31q | +9.3%+$6.4M |
| Balyasny Asset Management L.P. | $72.7M incl. $19.5M options CALL+PUT | 1,109,982 | 0.09% | 9q | +189.7%+$47.6M |
| STIFEL FINANCIAL CORP | $71.7M | 1,495,517 | 0.06% | 31q | +29.3%+$16.3M |
| BANK OF MONTREAL /CAN/ | $71.5M | 1,492,413 | 0.02% | 31q | +153.3%+$43.3M |
| AMERICAN CENTURY COMPANIES INC | $69.8M | 1,455,351 | 0.03% | 27q | +20.1%+$11.7M |
| Walleye Trading LLC | $68.8M incl. $59.8M options CALL+PUT | 188,647 | 0.08% | 31q | -50.2%-$69.3M |
| Hudson Bay Capital Management LP | $66.6M incl. $31.6M options PUT | 730,000 | 0.18% | 4q | +483.8%+$55.2M |
| DIMENSIONAL FUND ADVISORS LP | $62.0M | 1,292,688 | 0.01% | 31q | +3.3%+$2.0M |
| SEI INVESTMENTS CO | $59.9M | 1,249,186 | 0.05% | 31q | +156.7%+$36.6M |
| TUDOR INVESTMENT CORP ET AL | $58.9M incl. $50.1M options CALL+PUT | 182,382 | 0.08% | 14q | -58.6%-$83.4M |
| Trexquant Investment LP | $58.8M | 1,227,405 | 0.35% | 3q | +24.9%+$11.7M |
| Cullen Capital Management, LLC | $58.7M | 1,224,955 | 0.58% | 3q | +54.6%+$20.7M |
| WCM INVESTMENT MANAGEMENT, LLC | $57.1M | 1,181,027 | 0.10% | 19q | +45.6%+$17.9M |
| VAN ECK ASSOCIATES CORP | $50.1M | 1,045,885 | 0.03% | 31q | -35.5%-$27.6M |
| JONES FINANCIAL COMPANIES LLLP | $49.9M | 1,038,160 | 0.02% | 23q | +139.9%+$29.1M |
| BNP PARIBAS FINANCIAL MARKETS | $49.7M incl. $11.3M options CALL+PUT | 799,604 | 0.02% | 31q | +1.5%+$745.5K |
| UNITED CAPITAL FINANCIAL ADVISORS, LLC | $48.0M | 1,000,682 | 0.26% | 31q | -4.9%-$2.5M |
| CAPITAL FUND MANAGEMENT S.A. | $46.0M CALL+PUT | options only | 0.20% | 12q | OPTIONS |
| SMITH CHAS P & ASSOCIATES PA CPAS | $45.6M | 950,151 | 2.31% | 6q | +18.5%+$7.1M |
| MENORA MIVTACHIM HOLDINGS LTD. | $44.4M | 926,168 | 0.17% | 7q | HELD |
| Integral Health Asset Management, LLC | $43.1M incl. $14.4M options CALL | 600,000 | 1.70% | new | NEW |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | $42.1M | 877,635 | 0.06% | new | NEW |
| OPPENHEIMER ASSET MANAGEMENT INC. | $41.9M | 874,376 | 0.44% | 31q | +4.5%+$1.8M |
| CREDIT AGRICOLE S A | $40.5M incl. $26.6M options PUT | 290,612 | 0.08% | 9q | -18.9%-$9.4M |
| NATIXIS | $39.5M | 824,229 | 0.16% | 12q | -58.9%-$56.6M |
| HSBC HOLDINGS PLC | $38.1M incl. $13.0M options CALL+PUT | 524,829 | 0.02% | 31q | -41.7%-$27.3M |
| CANTOR FITZGERALD, L. P. | $37.6M incl. $9.6M options PUT | 584,188 | 0.20% | 7q | +123.3%+$20.8M |
| XXEC, Inc. | $37.3M | 830,388 | 4.85% | 7q | +52.4%+$12.8M |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | $35.3M | 736,113 | 0.04% | new | NEW |
| NATIONAL BANK OF CANADA /FI/ | $35.0M | 731,414 | 0.03% | 19q | +3.0%+$1.0M |
| TRUIST FINANCIAL CORP | $35.0M | 730,624 | 0.04% | 31q | -9.9%-$3.9M |
| NOMURA HOLDINGS INC | $34.7M incl. $19.6M options CALL+PUT | 314,926 | 0.04% | 12q | -32.0%-$16.3M |
| PEAK6 LLC | $33.6M CALL+PUT | options only | 0.07% | 7q | OPTIONS |
| Invesco Ltd. | $32.9M | 686,121 | 0.00% | 31q | -22.6%-$9.6M |
| Walleye Capital LLC | $32.1M incl. $22.8M options CALL+PUT | 194,159 | 0.11% | 14q | -66.4%-$63.6M |
| Bluespring Wealth Management, LLC | $32.1M | 669,858 | 0.62% | new | NEW |
| LAZARD ASSET MANAGEMENT LLC | $31.5M | 657,641 | 0.05% | 17q | +610.8%+$27.1M |
| Corient Private Wealth LP | $31.1M | 649,429 | 0.04% | 15q | -3.5%-$1.1M |
| Creative Planning | $31.0M | 646,107 | 0.02% | 31q | +43.3%+$9.4M |
| DV EQUITIES, LLC | $30.3M | 631,226 | 4.34% | 2q | +134.2%+$17.3M |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $29.9M | 622,970 | 0.00% | 15q | +63.4%+$11.6M |
| Longaeva Partners L.P. | $29.8M | 621,143 | 0.65% | new | NEW |
| Quantinno Capital Management LP | $28.4M | 593,206 | 0.03% | 17q | +68.7%+$11.6M |
| Caisse de depot et placement du Quebec | $28.1M | 585,509 | 0.04% | new | NEW |
| Cerity Partners LLC | $26.5M incl. $882.1K options PUT | 534,219 | 0.03% | 19q | +12.6%+$3.0M |
| OLD MISSION CAPITAL LLC | $26.3M | 548,297 | 0.42% | new | NEW |
| Quadrature Capital Ltd | $25.0M | 522,349 | 0.21% | 3q | -49.2%-$24.2M |
Showing the largest 100 of 1,376 reported holders.
Q2 2026 in brief
In Q2 2026, 1,376 managers that file Form 13F reported holding Novo-Nordisk A S (NVO), $21.2B in all. 217 managers opened a position and 135 sold out completely, against 1,294 holders the quarter before. Largest holders: Susquehanna International Group, Llp, Dodge & Cox and Citadel Advisors Llc. Largest new positions: Fred Alger Management, Llc ($235.3M), Nuveen, Llc ($142.3M) and Integral Health Asset Management, Llc ($43.1M).
Q2 2026 is the latest quarter whose 13F deadline has passed. A 13F shows long US stock positions at quarter end, filed up to 45 days later; an adviser and a sub-adviser can both report the same shares.
Quarter by quarter
Coverage begins with the quarter ending 2018-12-31. Earlier filings exist only as occasional late amendments, too sparse to describe a market, so they are not shown.
| Quarter | Holders | Value | Shares | New | Added | Trimmed | Options |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 469 | $993.9M | 25,826,041 | 37 | 128 | 177 | 0.7% |
| Q2 2026 | 1,376 | $21.2B | 340,376,280 | 203 | 457 | 444 | 23.2% |
| Q1 2026 | 1,294 | $15.6B | 325,728,015 | 129 | 441 | 459 | 23.0% |
| Q4 2025 | 1,433 | $21.5B | 315,896,417 | 145 | 427 | 561 | 25.0% |
| Q3 2025 | 1,415 | $22.2B | 306,885,228 | 152 | 487 | 540 | 23.3% |
| Q2 2025 | 1,503 | $24.5B | 314,459,616 | 116 | 565 | 558 | 11.4% |
| Q1 2025 | 1,546 | $25.3B | 325,002,357 | 125 | 602 | 537 | 9.2% |
| Q4 2024 | 1,686 | $31.6B | 338,754,063 | 105 | 570 | 610 | 7.9% |
| Q3 2024 | 1,794 | $42.3B | 338,875,207 | 119 | 629 | 602 | 4.6% |
| Q2 2024 | 1,875 | $50.8B | 340,717,545 | 194 | 722 | 541 | 4.4% |
| Q1 2024 | 1,756 | $47.8B | 354,761,567 | 298 | 695 | 440 | 4.5% |
| Q4 2023 | 1,523 | $35.2B | 324,633,805 | 193 | 551 | 407 | 3.7% |
| Q3 2023 | 1,319 | $29.4B | 300,873,525 | 182 | 457 | 375 | 5.9% |
| Q2 2023 | 1,208 | $24.1B | 143,509,309 | 130 | 410 | 364 | 3.9% |
| Q1 2023 | 1,154 | $23.4B | 147,640,890 | 165 | 306 | 404 | 2.2% |
| Q4 2022 | 1,055 | $19.8B | 143,600,803 | 162 | 264 | 345 | 2.0% |
| Q3 2022 | 900 | $59.7B | 680,810,910 | 65 | 277 | 296 | 0.5% |
| Q2 2022 | 932 | $65.0B | 663,268,435 | 91 | 295 | 287 | 0.4% |
| Q1 2022 | 901 | $56.8B | 507,938,119 | 73 | 273 | 272 | 0.6% |
| Q4 2021 | 881 | $51.8B | 459,647,564 | 85 | 239 | 264 | 0.6% |
| Q3 2021 | 802 | $41.3B | 427,758,614 | 89 | 252 | 214 | 0.4% |
| Q2 2021 | 736 | $34.7B | 413,224,388 | 75 | 236 | 206 | 0.3% |
| Q1 2021 | 701 | $26.6B | 394,113,868 | 55 | 241 | 194 | 0.2% |
| Q4 2020 | 702 | $23.9B | 340,454,458 | 57 | 208 | 204 | 0.7% |
| Q3 2020 | 656 | $24.5B | 351,245,531 | 42 | 176 | 216 | 0.3% |
| Q2 2020 | 662 | $20.3B | 308,663,009 | 68 | 182 | 246 | 0.6% |
| Q1 2020 | 643 | $24.0B | 397,315,922 | 61 | 152 | 263 | 0.2% |
| Q4 2019 | 636 | $26.3B | 452,048,370 | 72 | 164 | 200 | 0.5% |
| Q3 2019 | 562 | $21.9B | 422,274,970 | 52 | 154 | 188 | 0.6% |
| Q2 2019 | 558 | $22.7B | 441,323,633 | 50 | 165 | 183 | 0.6% |
| Q1 2019 | 578 | $22.9B | 435,145,445 | 63 | 153 | 191 | 0.3% |
| Q4 2018 | 549 | $21.4B | 463,058,817 | 5 | 4 | 12 | 0.5% |