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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
MCP
201
Martin Capital Partners
Oregon
$5.77M +$132K +3,078 +3%
Northwestern Mutual Wealth Management
202
Northwestern Mutual Wealth Management
Wisconsin
$5.7M -$33.9K -789 -0.7%
ISWM
203
Intesa Sanpaolo Wealth Management
$5.67M +$404K +9,400 +9%
HFS
204
Hantz Financial Services
Michigan
$5.62M +$2.75M +64,004 +120%
Cambridge Investment Research Advisors
205
Cambridge Investment Research Advisors
Iowa
$5.61M -$1.08M -25,213 -18%
CAPTRUST Financial Advisors
206
CAPTRUST Financial Advisors
North Carolina
$5.6M -$1.13M -26,196 -18%
QCG
207
Quadrant Capital Group
Ohio
$5.54M +$2.37M +55,158 +91%
SC
208
Saturna Capital
Washington
$5.52M -$71.9M -1,674,336 -94%
Vontobel Holding
209
Vontobel Holding
Switzerland
$5.46M -$7.57M -176,266 -61%
PCM
210
Palisade Capital Management
New Jersey
$5.44M -$63.1K -1,468 -1%
Deutsche Bank
211
Deutsche Bank
Germany
$5.35M -$78K -1,816 -2%
Brown Advisory
212
Brown Advisory
Maryland
$5.3M -$240K -5,588 -5%
FG
213
Foresight Group
United Kingdom
$5.28M +$4.72M +109,935 New
CFO
214
Callan Family Office
Pennsylvania
$5.22M -$498K -11,590 -10%
LAM
215
Lynch Asset Management
Pennsylvania
$5.19M +$12.9K +300 +0.3%
MO
216
McMillan Office
Michigan
$5.15M -$5.8K -135 -0.1%
AAM
217
Azzad Asset Management
Virginia
$5.14M +$387K +9,017 +9%
P
218
&Partners
Tennessee
$5.13M -$447K -10,393 -9%
LNWTC
219
Laird Norton Wetherby Trust Company
Washington
$5.1M +$833K +19,390 +22%
GC
220
Grimes & Company
Massachusetts
$5.09M +$48.7K +1,134 +1%
Capital Research Global Investors
221
Capital Research Global Investors
California
$4.98M +$178K +4,146 +4%
CIA
222
Concurrent Investment Advisors
Florida
$4.98M +$307K +7,154 +7%
CM
223
Caption Management
Oklahoma
$4.94M +$1.83M +42,532 +70%
Mackenzie Financial
224
Mackenzie Financial
Ontario, Canada
$4.93M +$4.42M +102,804 New
FFP
225
FourThought Financial Partners
Florida
$4.9M +$374K +8,710 +9%

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.