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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
CFIA
151
Cantor Fitzgerald Investment Advisors
New York
$10.3M +$7.61M +177,100 +479%
Focus Partners Wealth
152
Focus Partners Wealth
Massachusetts
$10.1M -$5.57M -129,666 -38%
JA
153
JLB & Associates
Michigan
$10M -$18K -419 -0.2%
AFC
154
Alpine Fox Capital
Nevada
$9.64M +$1.55M +36,000 +22%
LFAS
155
Level Four Advisory Services
Texas
$9.46M -$492K -11,442 -5%
MML Investors Services
156
MML Investors Services
Massachusetts
$9.45M +$1.57M +36,455 +23%
Walleye Capital
157
Walleye Capital
New York
$9.31M -$16.5M -384,150 -66%
Walleye Trading
158
Walleye Trading
New York
$9.04M -$8.16M -190,003 -50%
HCM
159
Hutchinson Capital Management
California
$9.01M -$277K -6,443 -3%
SCP
160
Stamos Capital Partners
California
$8.85M +$309K +7,185 +4%
Tudor Investment Corp
161
Tudor Investment Corp
Connecticut
$8.74M -$11.1M -258,235 -59%
AssetMark Inc
162
AssetMark Inc
California
$8.56M -$2.03M -47,182 -21%
FRM
163
Foundation Resource Management
Arkansas
$8.53M +$159K +3,712 +2%
QCM
164
QRG Capital Management
Illinois
$8.4M +$1.41M +32,756 +23%
ECM
165
ExodusPoint Capital Management
New York
$8.18M +$7.33M +170,652 New
CIC
166
Carnegie Investment Counsel
Ohio
$8.16M -$334K -7,773 -4%
EP
167
Eversept Partners
New York
$8.11M +$7.27M +169,227 New
BCM
168
Birch Capital Management
Texas
$8.03M +$230K +5,347 +3%
ERP
169
Eldred Rock Partners
Texas
$7.85M -$8.12K -189 -0.1%
EI
170
Ethic Inc
New York
$7.66M +$4.54M +105,673 +196%
Mercer Global Advisors
171
Mercer Global Advisors
Colorado
$7.62M +$390K +9,074 +6%
PF
172
Phoenix Financial
Israel
$7.58M +$2.39M +55,581 +54%
Janney Montgomery Scott
173
Janney Montgomery Scott
Pennsylvania
$7.54M -$10.3M -240,425 -60%
CAM
174
Claret Asset Management
Quebec, Canada
$7.5M -$35.3K -821 -0.5%
CII
175
Capital International Inc
California
$7.45M

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.