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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
AI
176
Atria Investments
North Carolina
$7.43M -$194K -4,526 -3%
HF
177
HRT Financial
New York
$7.14M +$6.4M +148,940 New
ETC
178
Exchange Traded Concepts
Oklahoma
$7.01M -$1.62M -37,600 -20%
Vanguard Personalized Indexing Management
179
Vanguard Personalized Indexing Management
California
$7M +$1.46M +33,867 +30%
KAS
180
Kestra Advisory Services
Texas
$6.99M -$796K -18,516 -11%
BIAS
181
Beacon Investment Advisory Services
New Jersey
$6.99M -$253K -5,879 -4%
VAS
182
Vestmark Advisory Solutions
Massachusetts
$6.83M -$624K -14,534 -9%
AA
183
Altrafin AG
$6.71M -$1.48M -34,450 -20%
JWM
184
Jessup Wealth Management
Ohio
$6.57M +$5.89M +136,973 New
JSSH
185
J. Safra Sarasin Holding
$6.45M +$5.78M +134,442 New
TAM
186
Todd Asset Management
Kentucky
$6.45M +$5.78M +134,460 New
Baird Financial Group
187
Baird Financial Group
Wisconsin
$6.4M -$8.05M -187,262 -58%
TRSOTSOK
188
Teachers Retirement System of the State of Kentucky
Kentucky
$6.4M +$5.74M +133,510 New
SLWA
189
San Luis Wealth Advisors
California
$6.37M +$5.71M +132,793 New
MCC
190
Money Concepts Capital
Florida
$6.22M +$281K +6,540 +5%
HPG
191
Harvest Portfolios Group
Ontario, Canada
$5.98M +$1.28M +29,754 +31%
FDCDDQ
192
Federation des caisses Desjardins du Quebec
Quebec, Canada
$5.91M +$120K +2,801 +2%
JF
193
Jump Financial
Illinois
$5.91M -$21.4M -498,206 -80%
GSCM
194
Greenfield Seitz Capital Management
Texas
$5.89M +$104K +2,413 +2%
EB
195
Eastern Bank
Massachusetts
$5.88M -$7.3M -169,794 -58%
TD Asset Management
196
TD Asset Management
Ontario, Canada
$5.88M +$945K +21,990 +22%
RHAM
197
Round Hill Asset Management
California
$5.85M +$6.7K +156 +0.1%
CL
198
Choreo LLC
Illinois
$5.82M +$630K +14,666 +14%
SWA
199
SFMG Wealth Advisors
Texas
$5.81M +$57.3K +1,334 +1%
SFM
200
Sphera Funds Management
Israel
$5.79M

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.