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NVO

Novo Nordisk

1,411 hedge funds and large institutions have $16.1B invested in Novo Nordisk in 2025 Q4 according to their latest regulatory filings, with 230 funds opening new positions, 445 increasing their positions, 565 reducing their positions, and 182 closing their positions.

New
Increased
Maintained
Reduced
Closed

more first-time investments, than exits

New positions opened: | Existing positions closed:

more funds holding in top 10

Funds holding in top 10:

more funds holding

Funds holding:

more ownership

Funds ownership:

3% less capital invested

Capital invested by funds: $16.7B → $16.1B (-$580M)

21% less repeat investments, than reductions

Existing positions increased: 445 | Existing positions reduced: 565

37% less call options, than puts

Call options by funds: $2.04B | Put options by funds: $3.26B

Holders
1,411
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
20
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$2.04B
Puts
$3.26B
Net Calls
Net Calls Change

Top Buyers

1 +$247M
2 +$220M
3 +$219M
4
Goldman Sachs
Goldman Sachs
New York
+$219M
5
Millennium Management
Millennium Management
New York
+$81.4M

Top Sellers

1 -$333M
2 -$208M
3 -$159M
4
JP Morgan Chase
JP Morgan Chase
New York
-$95.9M
5
Bank of America
Bank of America
North Carolina
-$78.5M
Name Holding Trade Value Shares
Change
Change in
Stake
HA
1501
Herold Advisors
New York
AWA
1502
Adapt Wealth Advisors
Georgia
EFG
1503
Elm3 Financial Group
Georgia
CMAI
1504
Capital Management Associates Inc
Minnesota
BWM
1505
Birchcreek Wealth Management
Ohio
SMA
1506
Seven Mile Advisory
New Jersey
TB
1507
Terril Brothers
Missouri
AFA
1508
Arlington Financial Advisors
California
KA
1509
Klingman & Associates
New York
GFP
1510
Gryphon Financial Partners
Ohio
CG
1511
Cynosure Group
Utah
WA
1512
Wealth Alliance
New York
AGA
1513
Accuvest Global Advisors
Utah
SEA
1514
Stegent Equity Advisors
Texas
BCA
1515
Bay Colony Advisors
Massachusetts
WGAM
1516
Wilkinson Global Asset Management
New York
CRB
1517
Chad R. Baker
SFS
1518
Symphony Financial Services
Ohio
AIP
1519
Almanack Investment Partners
Pennsylvania
RA
1520
Ruggaard & Associates
Ohio
AC
1521
Avestar Capital
New York
RSWM
1522
Robertson Stephens Wealth Management
California
ANTB
1523
AMG National Trust Bank
Colorado
AB
1524
Atlas Brown
Kentucky
WA1
1525
Wimmer Associates 1
California