State of Michigan Retirement System’s Novo Nordisk NVO Stock Holding History

State of Michigan Retirement System’s Portfolio NVO Stock Details NVO Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2024 Q3	–	Sell	-200,000	Closed	-$28.5M	–	957
2024 Q2	$28.5M	Hold	200,000	–	–	0.15%	117
2024 Q1	$25.7M	Buy	+200,000	New	+$23.8M	0.14%	127
2016 Q4	–	Sell	-76,400	Closed	-$1.59M	–	969
2016 Q3	$1.59M	Hold	76,400	–	–	0.01%	687
2016 Q2	$2.05M	Sell	76,400 -76,600	-50%	-$2.1M	0.02%	596
2016 Q1	$4.15M	Hold	153,000	–	–	0.03%	377
2015 Q4	$4.44M	Hold	153,000	–	–	0.03%	347
2015 Q3	$4.15M	Hold	153,000	–	–	0.03%	382
2015 Q2	$4.19M	Hold	153,000	–	–	0.03%	418
2015 Q1	$4.08M	Hold	153,000	–	–	0.03%	443
2014 Q4	$3.24M	Hold	153,000	–	–	0.02%	520
2014 Q3	$3.64M	Hold	153,000	–	–	0.03%	467
2014 Q2	$3.53M	Hold	153,000	–	–	0.02%	489
2014 Q1	$3.49M	Hold	153,000	–	–	0.03%	469
2013 Q4	$2.83M	Hold	153,000	–	–	0.02%	530
2013 Q3	$2.59M	Hold	153,000	–	–	0.02%	536
2013 Q2	$2.37M	Buy	+153,000	New	+$2.55M	0.02%	529

Other funds holding NVO

Jennison Associates New York $145B AUM 34.61% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Fisher Asset Management Camas, Washington $295B AUM 31.6% 1-Year Est. Return

Fayez Sarofim & Co Houston, Texas $39.1B AUM 15.14% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

Folketrygdfondet Oslo Norway, Norway $5.64B AUM 47.16% 1-Year Est. Return

Loomis, Sayles & Company Boston, Massachusetts $74.3B AUM 24.01% 1-Year Est. Return

Renaissance Technologies New York $63.9B AUM 45.56% 1-Year Est. Return

State of Michigan Retirement System's NVO Position: Q3 2024 in Review

State of Michigan Retirement System sold out of Novo Nordisk (NVO) in Q3 2024, closing a stake of 200,000 shares — an estimated $28.5M sold.

State of Michigan Retirement System first reported a position in NVO in Q2 2013 and held it in 16 quarters. The position peaked at $28.5M in Q2 2024. 1,785 funds tracked by Wall St. Rank hold NVO as of Q3 2024.

State of Michigan Retirement System reported no remaining Novo Nordisk position as of Q3 2024 after selling out during the quarter.
State of Michigan Retirement System sold 200,000 Novo Nordisk shares in Q3 2024, an estimated $28.5M.
State of Michigan Retirement System first reported a position in Novo Nordisk in Q2 2013 and held it in 16 quarters.
State of Michigan Retirement System's Novo Nordisk position peaked at $28.5M in Q2 2024.
1,785 funds tracked by Wall St. Rank held Novo Nordisk as of Q3 2024.

Based on State of Michigan Retirement System's 13F filing for Q3 2024, filed 4 Nov 2024.