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NVO

Novo Nordisk

660 hedge funds and large institutions have $9.35B invested in Novo Nordisk in 2020 Q2 according to their latest regulatory filings, with 71 funds opening new positions, 194 increasing their positions, 270 reducing their positions, and 49 closing their positions.

New
Increased
Maintained
Reduced
Closed

145% more call options, than puts

Call options by funds: $79.4M | Put options by funds: $32.5M

45% more first-time investments, than exits

New positions opened: 71 | Existing positions closed: 49

2% more funds holding

Funds holding: 644660 (+16)

2% less capital invested

Capital invested by funds: $9.5B → $9.35B (-$150M)

1.13% less ownership

Funds ownership: 16.96%15.83% (-1.1%)

24% less funds holding in top 10

Funds holding in top 10: 2116 (-5)

28% less repeat investments, than reductions

Existing positions increased: 194 | Existing positions reduced: 270

Holders
660
Holders Change
+16
Holders Change %
+2.48%
% of All Funds
13.53%
Holding in Top 10
16
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-23.81%
% of All Funds
0.33%
New
71
Increased
194
Reduced
270
Closed
49
Calls
$79.4M
Puts
$32.5M
Net Calls
+$47M
Net Calls Change
+$42.2M
Name Holding Trade Value Shares
Change
Change in
Stake
Renaissance Technologies
1
Renaissance Technologies
New York
$1.88B +$54.2M +1,699,210 +3%
Fisher Asset Management
2
Fisher Asset Management
Washington
$1.01B +$10.1M +315,554 +1%
Bank of America
3
Bank of America
North Carolina
$517M -$165M -5,174,542 -25%
Loomis, Sayles & Company
4
Loomis, Sayles & Company
Massachusetts
$482M -$579M -18,137,576 -55%
F
5
Folketrygdfondet
Norway
$362M -$14.2M -446,024 -4%
Fayez Sarofim & Co
6
Fayez Sarofim & Co
Texas
$332M +$53.5M +1,676,222 +20%
Capital International Investors
7
Capital International Investors
California
$313M +$166M +5,202,916 +120%
State Street
8
State Street
Massachusetts
$277M -$1.58M -49,492 -0.6%
State Farm Mutual Automobile Insurance
9
State Farm Mutual Automobile Insurance
Illinois
$238M -$1.32M -41,360 -0.6%
EHC
10
Everett Harris & Co
California
$209M +$2.37M +74,336 +1%
Arrowstreet Capital
11
Arrowstreet Capital
Massachusetts
$200M -$52.8M -1,653,778 -21%
ClearBridge Investments
12
ClearBridge Investments
New York
$151M +$9.41M +294,850 +7%
Northern Trust
13
Northern Trust
Illinois
$141M -$5.4M -169,182 -4%
PPA
14
Parametric Portfolio Associates
Washington
$128M -$14M -439,550 -10%
BlackRock
15
BlackRock
New York
$107M -$45.5M -1,424,936 -30%
AG
16
Aperio Group
California
$106M +$4.35M +136,416 +4%
Wells Fargo
17
Wells Fargo
California
$93.9M -$592K -18,556 -0.6%
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
$93.1M +$3.31M +103,794 +4%
EVM
19
Eaton Vance Management
Massachusetts
$88.9M -$7.89M -247,238 -8%
SRIM
20
Saratoga Research & Investment Management
California
$77.7M -$21.3M -667,444 -22%
Envestnet Asset Management
21
Envestnet Asset Management
Illinois
$76.3M +$2.47M +77,512 +3%
RJA
22
Raymond James & Associates
Florida
$75.3M -$10.6M -333,222 -13%
MG
23
Markel Group
Virginia
$70.4M
Natixis Advisors
24
Natixis Advisors
Massachusetts
$70.3M -$28.1M -879,250 -29%
SC
25
Saturna Capital
Washington
$70.1M

NVO Hedge Fund Activity: Q2 2020 in Review

660 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Novo Nordisk (NVO) for Q2 2020, worth a combined $9.35B — down 1.6% from $9.5B a quarter earlier.

Buyers outnumbered sellers: 71 funds opened new NVO positions and 49 closed out — a net gain of 22 holders — while 194 added to existing stakes and 270 trimmed.

The largest buyer was Capital International Investors, adding an estimated $166M. The largest seller was Loomis, Sayles & Company, cutting an estimated $579M.

  • 660 institutional investors held Novo Nordisk (NVO) as of Q2 2020, up from 644 in Q1 2020.
  • Funds reported $9.35B of Novo Nordisk stock for Q2 2020, down 1.6% quarter-over-quarter.
  • 71 funds opened new Novo Nordisk positions in Q2 2020 and 49 closed out, a net change of +22 holders.
  • The largest Novo Nordisk buyer in Q2 2020 was Capital International Investors, an estimated $166M added.
  • The largest Novo Nordisk seller in Q2 2020 was Loomis, Sayles & Company, an estimated $579M sold.

Based on aggregated 13F filings for Q2 2020.