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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
CB
551
Commerce Bank
Missouri
$890K -$126K -2,933 -14%
LCM
552
Logan Capital Management
Pennsylvania
$887K +$795K +18,512 New
PCS
553
Personal CFO Solutions
New Jersey
$883K +$23K +536 +3%
BDS
554
Banco de Sabadell
Florida
$882K -$2.84K -66 -0.4%
PP
555
Patten & Patten
Tennessee
$876K -$797K -18,545 -50%
IRC
556
Investors Research Corp
Georgia
$874K -$10.7K -250 -1%
OF
557
Outfitter Financial
Maine
$869K
FBC
558
Fairfield, Bush & Co
Connecticut
$866K +$84.9K +1,977 +12%
MPPW
559
Mitchell & Pahl Private Wealth
Oklahoma
$854K +$30.5K +711 +4%
RBC
560
Romano Brothers & Co
Illinois
$851K -$21.5K -500 -3%
NPT
561
National Philanthropic Trust
Pennsylvania
$846K +$11.4K +265 +2%
PE
562
PCM Encore
Colorado
$839K -$215K -5,007 -22%
CCM
563
Cox Capital Management
Massachusetts
$836K -$1.26M -29,325 -63%
CIM
564
Confluence Investment Management
Missouri
$833K +$73K +1,699 +11%
SIC
565
Samalin Investment Counsel
New York
$830K +$314K +7,315 +73%
1IA
566
1834 Investment Advisors
Wisconsin
$821K +$109K +2,526 +17%
FFN
567
Focus Financial Network
Minnesota
$816K +$373K +8,685 +104%
JPWM
568
Jamison Private Wealth Management
Georgia
$813K +$131K +3,047 +22%
AWM
569
Angeles Wealth Management
California
$809K +$470K +10,945 +184%
SWA
570
Sax Wealth Advisors
New Jersey
$805K +$49.1K +1,142 +6%
PFA
571
Pure Financial Advisors
California
$804K +$295K +6,857 +69%
DA
572
Doliver Advisors
Texas
$803K +$147K +3,415 +26%
OIA
573
OneDigital Investment Advisors
Kansas
$795K -$227K -5,274 -24%
FCIM
574
Fairview Capital Investment Management
California
$794K +$21.5K +500 +3%
HSA
575
HBK Sorce Advisory
Pennsylvania
$784K +$48.7K +1,134 +7%

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.