NOVO-NORDISK A S NVO
ADR · ADR · CUSIP 670100205 · ISIN US6701002056
- SectorHealth care
- IndustryPharmaceutical Preparations
- FilingsSEC EDGAR
Q2 2023 share counts are adjusted for a 2-for-1 stock split, so holders aren't shown as buying or selling because of it.
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($149.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $91.85. Options: 33 managers hold calls ($668.3m notional), 31 hold puts ($1.1bn).
Trends to Q3 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 907 |
| Q4 2022 | 1,049 |
| Q1 2023 | 1,148 |
| Q2 2023 | 1,198 |
| Q3 2023 | 1,311 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 445 | 401 |
| Q1 2023 | 486 | 481 |
| Q2 2023 | 569 | 475 |
| Q3 2023 | 674 | 468 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2022 | $255.3m | $142.3m | 0.56 |
| Q1 2023 | $296.8m | $227.6m | 0.77 |
| Q2 2023 | $486.2m | $447.9m | 0.92 |
| Q3 2023 | $668.3m | $1.1bn | 1.60 |
Biggest buyers
| POLEN CAPITAL MANAGEMENT LLC | New | +7.9m |
| SOROS FUND MANAGEMENT LLC | New | +1.5m |
| Fayez Sarofim & Co | Added | +1.4m |
| FMR LLC | Added | +1.2m |
| ENVESTNET ASSET MANAGEMENT INC | Added | +1.0m |
| JANE STREET GROUP, LLC | Added | +759.4k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +660.9k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +576.0k |
| GOLDMAN SACHS GROUP INC | Added | +565.5k |
| Harel Insurance Investments & Financial Services Ltd. | Added | +554.2k |
Biggest sellers
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -2.5m |
| Capital International Investors | Reduced | -1.1m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -856.1k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Reduced | -719.5k |
| DEUTSCHE BANK AG\ | Reduced | -670.4k |
| TWO SIGMA INVESTMENTS, LP | Reduced | -641.7k |
| HSBC HOLDINGS PLC | Reduced | -615.9k |
| Fisher Asset Management, LLC | Reduced | -491.7k |
| Clearbridge Investments, LLC | Reduced | -410.0k |
| WCM INVESTMENT MANAGEMENT, LLC | Reduced | -406.4k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $117.5m1.3m shares |
| CITADEL ADVISORS LLC | Reduced | $90.0m989.6k shares |
| JANE STREET GROUP, LLC | Added | $69.9m768.9k shares |
| Twin Tree Management, LP | New | $62.0m681.8k shares |
| GOLDMAN SACHS GROUP INC | New | $52.0m571.8k shares |
| SIMPLEX TRADING, LLC | Added | $51.6m567.6k shares |
| GROUP ONE TRADING LLC | Added | $41.4m455.4k shares |
| Optiver Holding B.V. | Reduced | $41.0m450.4k shares |
| WOLVERINE TRADING, LLC | Added | $28.4m312.5k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $22.4m246.0k shares |
Biggest puts
| Balyasny Asset Management L.P. | New | $376.7m585.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $114.7m1.3m shares |
| CITADEL ADVISORS LLC | Added | $100.6m1.1m shares |
| SIMPLEX TRADING, LLC | Added | $89.9m989.1k shares |
| Twin Tree Management, LP | New | $86.1m947.2k shares |
| Point72 Asset Management, L.P. | New | $80.0m880.0k shares |
| Optiver Holding B.V. | Reduced | $50.8m558.5k shares |
| JANE STREET GROUP, LLC | Added | $30.5m335.3k shares |
| Walleye Trading LLC | Reduced | $26.5m291.1k shares |
| LMR Partners LLP | Reduced | $20.6m227.0k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Insider purchases and sales in Q3 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
None reported in Q3 2023.
Holders, Q3 2023
| Manager | Shares | Change |
|---|---|---|
| JENNISON ASSOCIATES LLC 1.81% of their portfolio | 23.4m $2.1bn | Added +35.6k |
| RENAISSANCE TECHNOLOGIES LLC 2.52% of their portfolio | 16.2m $1.5bn | Reduced -2.5m |
| Fisher Asset Management, LLC 0.76% of their portfolio | 14.7m $1.3bn | Reduced -491.7k |
| BANK OF AMERICA CORP /DE/ 0.14% of their portfolio | 12.8m $1.2bn | Added +323.2k |
| FMR LLC 0.09% of their portfolio | 12.1m $1.1bn | Added +1.2m |
| Fayez Sarofim & Co 3.56% of their portfolio | 11.6m $1.1bn | Added +1.4m |
| MORGAN STANLEY 0.09% of their portfolio | 9.2m $838.0m | Reduced -162.7k |
| LOOMIS SAYLES & CO L P 1.42% of their portfolio | 9.1m $827.4m | Reduced -396.1k |
| FOLKETRYGDFONDET 15.83% of their portfolio | 8.4m $764.4m | Reduced -256.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.11% of their portfolio | 8.2m $748.5m | Added +576.0k |
| BlackRock Inc. 0.02% of their portfolio | 8.1m $732.3m | Reduced -364.3k |
| POLEN CAPITAL MANAGEMENT LLC 1.89% of their portfolio | 7.9m $719.0m | New |
| STATE FARM MUTUAL AUTOMOBILE INSURANCE CO 0.62% of their portfolio | 6.8m $614.4m | Unchanged |
| STATE STREET CORP 0.03% of their portfolio | 6.7m $607.4m | Reduced -106.6k |
| EVERETT HARRIS & CO /CA/ 9.27% of their portfolio | 6.5m $594.7m | Reduced -45.6k |
| WCM INVESTMENT MANAGEMENT, LLC 1.74% of their portfolio | 6.5m $594.0m | Reduced -406.4k |
| Capital International Investors 0.13% of their portfolio | 5.8m $531.5m | Reduced -1.1m |
| ENVESTNET ASSET MANAGEMENT INC 0.19% of their portfolio | 4.6m $414.0m | Added +1.0m |
| GOLDMAN SACHS GROUP INC 0.10% of their portfolio | 4.3m $389.4m | Added +565.5k |
| Capital World Investors 0.07% of their portfolio | 4.0m $360.9m | Added +2.4k |
| WELLS FARGO & COMPANY/MN 0.10% of their portfolio | 3.7m $334.4m | Added +335.6k |
| ROYAL BANK OF CANADA 0.10% of their portfolio | 3.6m $331.3m | Added +388.6k |
| NORTHERN TRUST CORP 0.06% of their portfolio | 3.6m $326.1m | Added +177.1k |
| Nuveen Asset Management, LLC 0.10% of their portfolio | 3.2m $290.0m | Added +23.0k |
| NATIXIS ADVISORS, LLC 0.83% of their portfolio | 3.0m $272.6m | Reduced -58.1k |
| RAYMOND JAMES & ASSOCIATES 0.20% of their portfolio | 2.7m $242.9m | Reduced -15.4k |
| Clearbridge Investments, LLC 0.19% of their portfolio | 2.2m $202.4m | Reduced -410.0k |
| Markel Group Inc. 2.36% of their portfolio | 2.1m $195.5m | Unchanged |
| SATURNA CAPITAL CORP 3.42% of their portfolio | 2.1m $193.6m | Reduced -5.3k |
| JPMORGAN CHASE & CO 0.02% of their portfolio | 2.1m $187.6m | Added +198.3k |
| 1832 Asset Management L.P. 0.36% of their portfolio | 1.9m $175.7m | Reduced -399.0k |
| DIMENSIONAL FUND ADVISORS LP 0.05% of their portfolio | 1.8m $161.7m | Added +45.2k |
| Artisan Partners Limited Partnership 0.24% of their portfolio | 1.6m $142.7m | Added +6.6k |
| SOROS FUND MANAGEMENT LLC 2.84% of their portfolio | 1.5m $138.8m | New |
| STIFEL FINANCIAL CORP 0.20% of their portfolio | 1.5m $138.7m | Added +34.8k |
| LAZARD ASSET MANAGEMENT LLC 0.18% of their portfolio | 1.5m $135.9m | Added +435.1k |
| BANK OF MONTREAL /CAN/ 0.10% of their portfolio | 1.4m $265.9m | Reduced -151.6k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.28% of their portfolio | 1.4m $123.6m | Added +205.4k |
| JANUS HENDERSON GROUP PLC 0.08% of their portfolio | 1.3m $118.8m | Added +325.1k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.14% of their portfolio | 1.3m $116.7m | Added +660.9k |
| TIGER GLOBAL MANAGEMENT LLC 0.85% of their portfolio | 1.3m $115.4m | Unchanged |
| AMERICAN CENTURY COMPANIES INC 0.08% of their portfolio | 1.1m $99.9m | Added +327.2k |
| AMERIPRISE FINANCIAL INC 0.03% of their portfolio | 1.1m $97.6m | Added +80.5k |
| Thrivent Financial for Lutherans 0.23% of their portfolio | 1.0m $94.9m | Added +451.8k |
| J.P. Morgan Private Wealth Advisors LLC 0.26% of their portfolio | 1.0m $91.6m | Added +16.6k |
| UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.57% of their portfolio | 961.6k $87.4m | Reduced -161.6k |
| JANE STREET GROUP, LLC 0.13% of their portfolio | 951.5k $86.5m | Added +759.4k |
| TD Asset Management Inc 0.10% of their portfolio | 924.3k $84.1m | Added +305.4k |
| THORNBURG INVESTMENT MANAGEMENT INC 1.34% of their portfolio | 897.9k $81.7m | Added +213.5k |
| Saratoga Research & Investment Management 3.95% of their portfolio | 890.2k $81.0m | Reduced -25.2k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.03% of their portfolio | 873.6k $79.4m | Reduced -719.5k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 863.6k $78.5m | Reduced -12.8k |
| Corient Private Wealth LP 0.17% of their portfolio | 836.3k $76.1m | Added +24.9k |
| Baird Financial Group, Inc. 0.20% of their portfolio | 798.3k $72.6m | Reduced -52.1k |
| SEI INVESTMENTS CO 0.13% of their portfolio | 778.7k $70.8m | Added +296.4k |
| LPL Financial LLC 0.05% of their portfolio | 760.8k $69.2m | Added +158.6k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.34% of their portfolio | 748.1k $68.0m | Reduced -8.4k |
| Artia Global Partners LP 25.78% of their portfolio | 681.8k $62.0m | Unchanged |
| OSAIC HOLDINGS, INC. 0.09% of their portfolio | 644.9k $58.7m | Added +226.0k |
| UBS Group AG 0.03% of their portfolio | 627.4k $57.1m | Added +144.0k |
| PNC Financial Services Group, Inc. 0.05% of their portfolio | 624.9k $56.8m | Added +4.3k |
| SEGALL BRYANT & HAMILL, LLC 0.65% of their portfolio | 613.8k $55.8m | Reduced -49.3k |
| DAVENPORT & Co LLC 0.42% of their portfolio | 602.9k $54.8m | Added +2.4k |
| Clark Capital Management Group, Inc. 0.54% of their portfolio | 594.7k $54.1m | Added +18.1k |
| Qube Research & Technologies Ltd 0.16% of their portfolio | 594.3k $54.0m | Added +288.3k |
| TRUIST FINANCIAL CORP 0.09% of their portfolio | 587.6k $53.4m | Reduced -17.9k |
| Invesco Ltd. 0.01% of their portfolio | 574.7k $52.3m | Reduced -51 |
| CITIGROUP INC 0.07% of their portfolio | 571.3k $52.0m | Added +48.8k |
| Harel Insurance Investments & Financial Services Ltd. 1.00% of their portfolio | 557.1k $50.7m | Added +554.2k |
| FRANKLIN RESOURCES INC 0.03% of their portfolio | 547.4k $49.8m | Reduced -35.5k |
| Rockefeller Capital Management L.P. 0.18% of their portfolio | 515.7k $46.9m | Added +49.3k |
| NICHOLS & PRATT ADVISERS LLP /MA 3.50% of their portfolio | 509.1k $46.2m | Reduced -2.8k |
| COATUE MANAGEMENT LLC 0.23% of their portfolio | 490.7k $44.6m | Added +220.1k |
| Reynders McVeigh Capital Management, LLC 3.06% of their portfolio | 489.2k $44.5m | Reduced -19.1k |
| Main Street Research LLC 4.45% of their portfolio | 475.4k $43.2m | Reduced -8.9k |
| Moran Wealth Management, LLC 1.59% of their portfolio | 450.6k $41.0m | Reduced -16.2k |
| Capital Group Private Client Services, Inc. 0.49% of their portfolio | 443.8k $40.4m | Reduced -2.1k |
| Modera Wealth Management, LLC 0.75% of their portfolio | 439.6k $40.0m | Reduced -11.9k |
| HighTower Advisors, LLC 0.07% of their portfolio | 438.2k $39.9m | Added +53.2k |
| ARMISTICE CAPITAL, LLC 1.18% of their portfolio | 436.0k $39.6m | Reduced -104.0k |
| ASSETMARK, INC 0.16% of their portfolio | 432.2k $39.3m | Reduced -64.5k |
| MEITAV INVESTMENT HOUSE LTD 0.61% of their portfolio | 409.3k $37.7m | Added +344.9k |
| GQG Partners LLC 0.09% of their portfolio | 406.1k $36.9m | Added +17.0k |
| OPPENHEIMER ASSET MANAGEMENT INC. 0.55% of their portfolio | 395.2k $35.9m | Added +82.8k |
| US BANCORP \DE\ 0.06% of their portfolio | 393.9k $35.8m | Reduced -1.7k |
| CIBC WORLD MARKET INC. 0.12% of their portfolio | 361.5k $32.9m | Added +13.2k |
| Raymond James Financial Services Advisors, Inc. 0.06% of their portfolio | 359.8k $32.7m | Added +66.9k |
| TOWNSQUARE CAPITAL LLC 0.60% of their portfolio | 359.8k $32.7m | Added +110.8k |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 357.6k $32.5m | Reduced -856.1k |
| BEACON INVESTMENT ADVISORY SERVICES, INC. 1.52% of their portfolio | 339.8k $30.9m | Reduced -15.2k |
| Calamos Advisors LLC 0.16% of their portfolio | 332.3k $30.2m | Reduced -482 |
| CITADEL ADVISORS LLC 0.03% of their portfolio | 328.4k $29.9m | Reduced -107.9k |
| Penbrook Management LLC 21.14% of their portfolio | 317.2k $28.8m | Unchanged |
| Walleye Trading LLC 0.66% of their portfolio | 310.1k $28.2m | New |
| Vantage Investment Partners, LLC 3.67% of their portfolio | 307.7k $28.0m | Reduced -14.9k |
| BAR HARBOR WEALTH MANAGEMENT 2.14% of their portfolio | 295.3k $26.9m | Reduced -3.1k |
| Cutter & CO Brokerage, Inc. 7.76% of their portfolio | 291.9k $26.5m | Added +9.8k |
| Martin Investment Management, LLC 7.93% of their portfolio | 291.1k $26.5m | Reduced -7.7k |
| Janney Montgomery Scott LLC 0.10% of their portfolio | 289.8k $26.4m | Added +15.3k |
| DILLON & ASSOCIATES INC 4.95% of their portfolio | 282.5k $25.7m | Added +9.0k |