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NVO

Novo Nordisk

933 hedge funds and large institutions have $16.3B invested in Novo Nordisk in 2022 Q2 according to their latest regulatory filings, with 91 funds opening new positions, 323 increasing their positions, 313 reducing their positions, and 51 closing their positions.

New
Increased
Maintained
Reduced
Closed

78% more first-time investments, than exits

New positions opened: 91 | Existing positions closed: 51

70% more funds holding in top 10

Funds holding in top 10: 2339 (+16)

13% more call options, than puts

Call options by funds: $140M | Put options by funds: $124M

7% more capital invested

Capital invested by funds: $15.2B → $16.3B (+$1.08B)

3% more funds holding

Funds holding: 902933 (+31)

1.4% more ownership

Funds ownership: 15.56%16.96% (+1.4%)

3% more repeat investments, than reductions

Existing positions increased: 323 | Existing positions reduced: 313

Holders
933
Holders Change
+31
Holders Change %
+3.44%
% of All Funds
15.72%
Holding in Top 10
39
Holding in Top 10 Change
+16
Holding in Top 10 Change %
+69.57%
% of All Funds
0.66%
New
91
Increased
323
Reduced
313
Closed
51
Calls
$140M
Puts
$124M
Net Calls
+$16.1M
Net Calls Change
-$28.9M
Name Holding Trade Value Shares
Change
Change in
Stake
Renaissance Technologies
1
Renaissance Technologies
New York
$1.95B -$94.8M -1,708,600 -5%
Fisher Asset Management
2
Fisher Asset Management
Washington
$1.6B -$177M -3,183,140 -10%
Jennison Associates
3
Jennison Associates
New York
$1.17B +$554M +9,979,488 +90%
Bank of America
4
Bank of America
North Carolina
$832M +$2.9M +52,326 +0.4%
Capital International Investors
5
Capital International Investors
California
$689M +$99.5M +1,792,482 +17%
Loomis, Sayles & Company
6
Loomis, Sayles & Company
Massachusetts
$592M -$65.2M -1,174,822 -10%
Fayez Sarofim & Co
7
Fayez Sarofim & Co
Texas
$531M +$73.4K +1,322 +0%
F
8
Folketrygdfondet
Norway
$462M +$407M +7,332,950 +770%
WCM Investment Management
9
WCM Investment Management
California
$424M +$111M +1,998,684 +35%
Morgan Stanley
10
Morgan Stanley
New York
$408M +$310M +5,584,434 +323%
State Street
11
State Street
Massachusetts
$396M -$6.96M -125,490 -2%
BlackRock
12
BlackRock
New York
$390M -$170M -3,071,586 -30%
State Farm Mutual Automobile Insurance
13
State Farm Mutual Automobile Insurance
Illinois
$388M
EHC
14
Everett Harris & Co
California
$363M -$1.21M -21,886 -0.3%
Northern Trust
15
Northern Trust
Illinois
$219M +$16.4M +296,126 +8%
Royal Bank of Canada
16
Royal Bank of Canada
Ontario, Canada
$204M +$1.31M +23,548 +0.6%
Envestnet Asset Management
17
Envestnet Asset Management
Illinois
$201M +$22.6M +407,996 +13%
Wells Fargo
18
Wells Fargo
California
$199M +$10.1M +181,714 +5%
Goldman Sachs
19
Goldman Sachs
New York
$199M +$8.85M +159,468 +5%
Arrowstreet Capital
20
Arrowstreet Capital
Massachusetts
$196M +$52.9M +952,516 +37%
Natixis Advisors
21
Natixis Advisors
Massachusetts
$157M +$22.5M +405,290 +17%
RJA
22
Raymond James & Associates
Florida
$155M +$2.66M +47,972 +2%
Millennium Management
23
Millennium Management
New York
$142M +$122M +2,193,128 +626%
Stifel Financial
24
Stifel Financial
Missouri
$138M +$7.45M +134,324 +6%
JP Morgan Chase
25
JP Morgan Chase
New York
$125M +$37M +666,518 +42%

NVO Hedge Fund Activity: Q2 2022 in Review

933 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Novo Nordisk (NVO) for Q2 2022, worth a combined $16.3B — up 7.1% from $15.2B a quarter earlier.

Buyers outnumbered sellers: 91 funds opened new NVO positions and 51 closed out — a net gain of 40 holders — while 323 added to existing stakes and 313 trimmed.

The largest buyer was Jennison Associates, adding an estimated $554M. The largest seller was Fisher Asset Management, cutting an estimated $177M.

  • 933 institutional investors held Novo Nordisk (NVO) as of Q2 2022, up from 902 in Q1 2022.
  • Funds reported $16.3B of Novo Nordisk stock for Q2 2022, up 7.1% quarter-over-quarter.
  • 91 funds opened new Novo Nordisk positions in Q2 2022 and 51 closed out, a net change of +40 holders.
  • The largest Novo Nordisk buyer in Q2 2022 was Jennison Associates, an estimated $554M added.
  • The largest Novo Nordisk seller in Q2 2022 was Fisher Asset Management, an estimated $177M sold.

Based on aggregated 13F filings for Q2 2022.