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NVO

Novo Nordisk

1,350 hedge funds and large institutions have $15.6B invested in Novo Nordisk in 2026 Q2 according to their latest regulatory filings, with 215 funds opening new positions, 464 increasing their positions, 459 reducing their positions, and 117 closing their positions.

New
Increased
Maintained
Reduced
Closed

84% more first-time investments, than exits

New positions opened: 215 | Existing positions closed: 117

27% more funds holding in top 10

Funds holding in top 10: 1114 (+3)

26% more capital invested

Capital invested by funds: $12.4B → $15.6B (+$3.26B)

6% more funds holding

Funds holding: 1,2771,350 (+73)

1% more repeat investments, than reductions

Existing positions increased: 464 | Existing positions reduced: 459

0.01% more ownership

Funds ownership: 9.62%9.62% (+0.01%)

9% less call options, than puts

Call options by funds: $2.35B | Put options by funds: $2.58B

Holders
1,350
Holders Change
+73
Holders Change %
+5.72%
% of All Funds
16.31%
Holding in Top 10
14
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+27.27%
% of All Funds
0.17%
New
215
Increased
464
Reduced
459
Closed
117
Calls
$2.35B
Puts
$2.58B
Net Calls
-$225M
Net Calls Change
+$475M
Name Holding Trade Value Shares
Change
Change in
Stake
MFG
326
Merit Financial Group
Georgia
$2.62M +$457K +10,639 +24%
FGC
327
Financial Gravity Companies
Texas
$2.62M +$2.35M +54,637 New
RhumbLine Advisers
328
RhumbLine Advisers
Massachusetts
$2.61M -$9.93K -231 -0.4%
RFG
329
Range Financial Group
Oregon
$2.61M +$1.98M +46,119 +550%
PAG
330
Private Advisor Group
New Jersey
$2.61M -$667K -15,526 -22%
UB
331
UMB Bank
Missouri
$2.6M +$14.6K +339 +0.6%
SC
332
Savant Capital
Illinois
$2.58M +$2.06M +47,972 +434%
IC
333
IEQ Capital
California
$2.56M +$888K +20,679 +63%
AWM
334
AE Wealth Management
Kansas
$2.54M +$414K +9,638 +22%
MCM
335
MAI Capital Management
Ohio
$2.54M +$355K +8,252 +18%
CWA
336
Carolina Wealth Advisors
South Carolina
$2.5M -$36.4K -847 -2%
ORG
337
Optimist Retirement Group
Washington
$2.49M +$20.6K +479 +0.9%
KFP
338
KMG Fiduciary Partners
Ohio
$2.49M -$979K -22,776 -30%
NAMM
339
NorthStar Asset Management (Massachusetts)
Massachusetts
$2.48M -$707K -16,450 -24%
William Blair & Company
340
William Blair & Company
Illinois
$2.48M +$331K +7,697 +17%
HCM
341
Hodges Capital Management
Texas
$2.46M +$2.2M +51,300 New
RWM
342
RKL Wealth Management
Pennsylvania
$2.45M -$57.4K -1,335 -3%
BFG
343
Bleakley Financial Group
New Jersey
$2.44M -$1.06M -24,648 -33%
IIM
344
Ipswich Investment Management
Massachusetts
$2.42M +$295K +6,870 +16%
CCMINC
345
Cardinal Capital Management Inc (North Carolina)
North Carolina
$2.41M +$153K +3,568 +8%
EAM
346
Eukles Asset Management
Ohio
$2.41M -$29.4K -684 -1%
ACP
347
Aviance Capital Partners
Florida
$2.4M +$1.71M +39,895 +396%
CAMG
348
CWA Asset Management Group
Florida
$2.39M +$16.1K +374 +0.8%
UBS AM
349
UBS AM
Illinois
$2.38M -$559 -13 -0%
SCM
350
Sterling Capital Management
North Carolina
$2.37M -$48.4K -1,127 -2%

NVO Hedge Fund Activity: Q2 2026 in Review

1,350 of the 8,279 institutional investors tracked by Wall St. Rank reported a position in Novo Nordisk (NVO) for Q2 2026, worth a combined $15.6B — up 26% from $12.4B a quarter earlier.

Buyers outnumbered sellers: 215 funds opened new NVO positions and 117 closed out — a net gain of 98 holders — while 464 added to existing stakes and 459 trimmed.

The largest buyer was Fred Alger Management, opening a new position worth an estimated $211M. The largest seller was Susquehanna International Group, cutting an estimated $270M.

  • 1,350 institutional investors held Novo Nordisk (NVO) as of Q2 2026, up from 1,277 in Q1 2026.
  • Funds reported $15.6B of Novo Nordisk stock for Q2 2026, up 26% quarter-over-quarter.
  • 215 funds opened new Novo Nordisk positions in Q2 2026 and 117 closed out, a net change of +98 holders.
  • The largest Novo Nordisk buyer in Q2 2026 was Fred Alger Management, an estimated $211M added.
  • The largest Novo Nordisk seller in Q2 2026 was Susquehanna International Group, an estimated $270M sold.

Based on aggregated 13F filings for Q2 2026.