Novo Nordisk Ownership | Who Owns Novo Nordisk?

Novo Nordisk Ownership Summary

Novo Nordisk is owned by 7.35% institutional investors, and 92.65% retail investors. Xxec is the largest institutional shareholder, holding 2.92% of NVO shares. Dodge & Cox Stock I is the top mutual fund, with 0.34% of its assets in Novo Nordisk shares.

NVO Ownership Benchmark

Type	Name	% Inst	% Insiders	% Retail
Stock	Novo Nordisk	7.35%	-	92.65%
Sector	Healthcare Stocks	50.51%	12.37%	37.12%
Industry	Drug Manufacturers - General Stocks	51.73%	3.54%	44.73%

Institutional Shareholders

Top Institutional Shareholders by Total Shares

Holder	Shares	% Holding	Value
Xxec	129.89M	2.92%	$2.89B
Dodge & cox	20.40M	0.46%	$977.84M
Loomis sayles & co l p	18.59M	0.42%	$891.41M
Franklin resources	13.04M	0.29%	$625.19M
Price t rowe associates inc /md/	11.70M	0.26%	$561.13M
Morgan stanley	11.66M	0.26%	$558.97M
Bank of america corp /de/	11.18M	0.25%	$535.81M
Capital investors	9.72M	0.22%	$467.58M
Folketrygdfondet	9.52M	0.21%	$456.50M
Goldman sachs group	9.18M	0.21%	$440.11M

Top Institutional Shareholders by % of Total Assets

Holder	Shares	% Assets	Value
Folketrygdfondet	9.52M	9.85%	$456.50M
Penbrook management	316.20K	9.67%	$15.16M
Saratoga research & investment management	3.24M	8.49%	$155.13M
Foresight global investors	245.29K	7.13%	$11.76M
Hwg lp	130.60K	6.84%	$18.64M
Salt	256.13K	6.51%	$12.28M
Artia global partners lp	200.00K	6.15%	$17.20M
Cutter & co brokerage	290.10K	6.09%	$24.95M
Blkbrd asset management, lp	57.66K	5.54%	$2.12M
Dantai capital	27.60K	4.43%	$3.94M

Top Buyers

Holder	Shares	% Assets	Change
Xxec	129.89M	2.11%	129.35M
Fred alger management	4.91M	0.78%	4.91M
Goldman sachs group	9.18M	0.04%	4.06M
Bank of nova scotia	3.07M	0.22%	3.01M
Nuveen	2.97M	0.03%	2.97M

Top Sellers

Holder	Shares	% Assets	Change
Kingstone capital partners texas	-	-	-10.01M
Susquehanna group, llp	4.82M	0.02%	-6.29M
Two sigma investments, lp	15.80K	0.00%	-6.27M
Voloridge investment management	-	-	-4.81M
Franklin resources	13.04M	0.14%	-3.04M

New Positions

Holder	Shares	% Assets	Change	Value
Fred alger management	4.91M	0.78%	4.91M	$235.27M
Nuveen	2.97M	0.03%	2.97M	$142.35M
Public employees retirement system of ohio	756.51K	0.09%	756.51K	$27.80M
Bnp paribas asset management	736.11K	0.04%	736.11K	$35.29M
Sns financial group	669.86K	0.62%	669.86K	$32.11M

Sold Out

Holder	Change
Freegulliver	-1.00
High note wealth	-2.00
Bear mountain capital	-4.00
Fiduciary advisors	-8.00
Contravisory investment management	-10.00

Institutional Ownership Trends

Date	Holdings	Change %	Shares	Change %	Ownership	Change %	Increased Position	Change %	Decreased Position	Change %
Jun 30, 2026	1,435	4.90%	326,441,406	0.13%	7	13.68%	677	13.40%	455	-4.81%
Mar 31, 2026	1,153	-22.88%	239,888,296	-23.73%	5	10.79%	507	-24.44%	413	-27.16%
Dec 31, 2025	1,170	-21.63%	233,891,224	-22.36%	5	11.46%	509	-24.82%	461	-14.63%
Sep 30, 2025	1,441	-6.43%	298,926,887	0.31%	6	14.97%	647	-9.76%	527	-6.23%
Jun 30, 2025	1,533	-3.65%	315,142,374	-2.64%	7	13.33%	706	-8.07%	562	1.44%

Top Mutual Funds Shareholders

Holder	Shares	% Holding	Change
Dodge & Cox Stock I	15.24M	0.34%	-
Putnam Large Cap Value A	7.98M	0.18%	65.00K
Putnam US Large Cap Value Equity	7.49M	0.17%	-
Capital Group Wash Mutual Invtrs Comp	5.34M	0.12%	-
American Funds Washington Mutual A	5.34M	0.12%	-
Loomis Sayles Large Cap Growth Trust C	5.21M	0.12%	4.14M
Loomis Sayles Growth Y	5.12M	0.12%	589.44K
Goldman Sachs GQG Ptnrs Intl Opps Instl	4.99M	0.11%	3.27M
American Funds American Balanced A	4.75M	0.11%	-
Harbor Capital Appreciation Instl	4.20M	0.09%	93.69K

NVO Ownership FAQ

Who Owns Novo Nordisk?

Novo Nordisk shareholders are primarily institutional investors at 7.35%, followed by 0% insiders and 0% retail investors. The average institutional ownership in Novo Nordisk's industry, Drug Manufacturers - General Stocks, is 51.73%, which Novo Nordisk falls below.

Who owns the most shares of Novo Nordisk?

Novo Nordisk’s largest shareholders are Xxec (129.89M shares, 2.92%), Dodge & cox (20.4M shares, 0.46%), and Loomis sayles & co l p (18.59M shares, 0.42%). Together, they hold 3.80% of Novo Nordisk’s total shares outstanding.

Does Blackrock own Novo Nordisk?

BlackRock is not among the top 10 institutional shareholders of Novo Nordisk.

Who is Novo Nordisk’s biggest shareholder by percentage of total assets invested?

Folketrygdfondet is Novo Nordisk’s biggest shareholder by percentage of total assets invested, with 9.85% of its assets in 9.52M Novo Nordisk shares, valued at 456.5M$.

Who is the top mutual fund holder of Novo Nordisk shares?

Dodge & Cox Stock I is the top mutual fund holder of Novo Nordisk shares, with 0.34% of its total shares outstanding invested in 15.24M Novo Nordisk shares.

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