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NVO

Novo Nordisk

907 hedge funds and large institutions have $13.8B invested in Novo Nordisk in 2022 Q3 according to their latest regulatory filings, with 74 funds opening new positions, 309 increasing their positions, 330 reducing their positions, and 85 closing their positions.

New
Increased
Maintained
Reduced
Closed

47% more call options, than puts

Call options by funds: $183M | Put options by funds: $125M

6% less repeat investments, than reductions

Existing positions increased: 309 | Existing positions reduced: 330

1.02% less ownership

Funds ownership: 16.96%15.94% (-1%)

3% less funds holding

Funds holding: 933907 (-26)

13% less first-time investments, than exits

New positions opened: 74 | Existing positions closed: 85

16% less capital invested

Capital invested by funds: $16.3B → $13.8B (-$2.53B)

28% less funds holding in top 10

Funds holding in top 10: 3928 (-11)

Holders
907
Holders Change
-26
Holders Change %
-2.79%
% of All Funds
15.62%
Holding in Top 10
28
Holding in Top 10 Change
-11
Holding in Top 10 Change %
-28.21%
% of All Funds
0.48%
New
74
Increased
309
Reduced
330
Closed
85
Calls
$183M
Puts
$125M
Net Calls
+$58.5M
Net Calls Change
+$42.3M
Name Holding Trade Value Shares
Change
Change in
Stake
Renaissance Technologies
1
Renaissance Technologies
New York
$1.53B -$238M -4,441,600 -13%
Jennison Associates
2
Jennison Associates
New York
$1.09B +$44.3M +826,570 +4%
Fisher Asset Management
3
Fisher Asset Management
Washington
$930M -$534M -9,973,340 -35%
Bank of America
4
Bank of America
North Carolina
$729M -$15.5M -290,272 -2%
Capital International Investors
5
Capital International Investors
California
$628M +$6.22M +116,136 +0.9%
Fayez Sarofim & Co
6
Fayez Sarofim & Co
Texas
$520M +$48.2M +900,560 +9%
Loomis, Sayles & Company
7
Loomis, Sayles & Company
Massachusetts
$516M -$14.8M -276,698 -3%
BlackRock
8
BlackRock
New York
$469M +$129M +2,410,360 +34%
F
9
Folketrygdfondet
Norway
$425M +$12.8M +239,562 +3%
WCM Investment Management
10
WCM Investment Management
California
$378M -$8.9M -166,140 -2%
Morgan Stanley
11
Morgan Stanley
New York
$373M +$8.78M +163,884 +2%
State Street
12
State Street
Massachusetts
$352M -$2.9M -54,088 -0.8%
State Farm Mutual Automobile Insurance
13
State Farm Mutual Automobile Insurance
Illinois
$347M
EHC
14
Everett Harris & Co
California
$330M +$5.83M +108,740 +2%
Northern Trust
15
Northern Trust
Illinois
$192M -$3.63M -67,844 -2%
Goldman Sachs
16
Goldman Sachs
New York
$188M +$10.5M +196,258 +5%
Envestnet Asset Management
17
Envestnet Asset Management
Illinois
$180M -$339K -6,330 -0.2%
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
$172M -$10.2M -191,134 -5%
Wells Fargo
19
Wells Fargo
California
$160M -$19.7M -367,774 -10%
Natixis Advisors
20
Natixis Advisors
Massachusetts
$148M +$8.09M +150,996 +5%
RJA
21
Raymond James & Associates
Florida
$137M -$2.38M -44,500 -2%
Stifel Financial
22
Stifel Financial
Missouri
$122M -$1.9M -35,556 -1%
JP Morgan Chase
23
JP Morgan Chase
New York
$112M +$106K +1,980 +0.1%
EVM
24
Eaton Vance Management
Massachusetts
$108M +$86.7M +1,618,156 +289%
MG
25
Markel Group
Virginia
$107M

NVO Hedge Fund Activity: Q3 2022 in Review

907 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Novo Nordisk (NVO) for Q3 2022, worth a combined $13.8B — down 16% from $16.3B a quarter earlier.

Sellers outnumbered buyers: 85 funds closed out of NVO and 74 opened new positions — a net loss of 11 holders — while 330 trimmed existing stakes and 309 added.

The largest buyer was BlackRock, adding an estimated $129M. The largest seller was Fisher Asset Management, cutting an estimated $534M.

  • 907 institutional investors held Novo Nordisk (NVO) as of Q3 2022, down from 933 in Q2 2022.
  • Funds reported $13.8B of Novo Nordisk stock for Q3 2022, down 16% quarter-over-quarter.
  • 74 funds opened new Novo Nordisk positions in Q3 2022 and 85 closed out, a net change of -11 holders.
  • The largest Novo Nordisk buyer in Q3 2022 was BlackRock, an estimated $129M added.
  • The largest Novo Nordisk seller in Q3 2022 was Fisher Asset Management, an estimated $534M sold.

Based on aggregated 13F filings for Q3 2022.