Vault-13

NOVO-NORDISK A S NVO

ADR · ADR · CUSIP 670100205 · ISIN US6701002056

1,865 institutional holders +121 vs Q1 2024
339,902,578339.9m shares reported held*
$48.5bnreported value*
189 new 763 added 586 reduced 79 sold out net sold ≈ $2.0bn (-13.9m shares)

* 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 ($115.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $142.65. Options: 42 managers hold calls ($1.1bn notional), 29 hold puts ($1.1bn).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

01k2kQ3 22: 907Q4 22: 1,049Q1 23: 1,148Q2 23: 1,198Q3 23: 1,311Q4 23: 1,511Q1 24: 1,744Q2 24: 1,8651,865Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 2022907
Q4 20221,049
Q1 20231,148
Q2 20231,198
Q3 20231,311
Q4 20231,511
Q1 20241,744
Q2 20241,865

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2k02kQ4 22: 445 bought or addedQ4 22: 401 cut or sold outQ4 22Q1 23: 486 bought or addedQ1 23: 481 cut or sold outQ2 23: 569 bought or addedQ2 23: 475 cut or sold outQ2 23Q3 23: 674 bought or addedQ3 23: 468 cut or sold outQ4 23: 766 bought or addedQ4 23: 506 cut or sold outQ4 23Q1 24: 1,016 bought or addedQ1 24: 556 cut or sold outQ2 24: 952 bought or addedQ2 24: 665 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022445401
Q1 2023486481
Q2 2023569475
Q3 2023674468
Q4 2023766506
Q1 20241,016556
Q2 2024952665

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$500m$1bn$1.5bnQ3 23 calls: $668.3mQ3 23 puts: $1.1bnQ3 23P/C 1.60Q4 23 calls: $719.3mQ4 23 puts: $595.9mQ4 23P/C 0.83Q1 24 calls: $1.0bnQ1 24 puts: $1.1bnQ1 24P/C 1.12Q2 24 calls: $1.1bnQ2 24 puts: $1.1bnQ2 24P/C 1.04
Numbers
QuarterCallsPutsP/C
Q3 2023$668.3m$1.1bn1.60
Q4 2023$719.3m$595.9m0.83
Q1 2024$1.0bn$1.1bn1.12
Q2 2024$1.1bn$1.1bn1.04

Biggest buyers

Magellan Asset Management Ltd New +1,903,280+1.9m
FMR LLC Added +1,890,320+1.9m
MILLENNIUM MANAGEMENT LLC Added +1,852,828+1.9m
DSM CAPITAL PARTNERS LLC Added +1,593,303+1.6m
BANK OF AMERICA CORP /DE/ Added +1,135,632+1.1m
Point72 Asset Management, L.P. New +960,854+960.9k
PRICE T ROWE ASSOCIATES INC /MD/ Added +914,542+914.5k
Focus Partners Wealth Added +781,766+781.8k
Fayez Sarofim & Co Added +736,251+736.3k
MARSHALL WACE, LLP Added +689,441+689.4k

Biggest sellers

MORGAN STANLEY Reduced -21,424,659-21.4m
RENAISSANCE TECHNOLOGIES LLC Reduced -1,620,700-1.6m
JPMORGAN CHASE & CO Reduced -1,365,412-1.4m
ACADIAN ASSET MANAGEMENT LLC Reduced -894,174-894.2k
GOLDMAN SACHS GROUP INC Reduced -840,487-840.5k
1832 Asset Management L.P. Reduced -752,243-752.2k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -726,875-726.9k
SOROS FUND MANAGEMENT LLC Reduced -622,616-622.6k
Thrivent Financial for Lutherans Reduced -545,344-545.3k
Reynders McVeigh Capital Management, LLC Sold out -448,673-448.7k

Biggest calls

CITADEL ADVISORS LLC Added $200.9m1.4m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $152.0m1.1m shares
SIMPLEX TRADING, LLC Reduced $104.6m732.7k shares
JANE STREET GROUP, LLC Added $84.2m589.9k shares
BlackRock Inc. Reduced $79.9m560.0k shares
Optiver Holding B.V. Reduced $74.8m524.1k shares
IMC-Chicago, LLC Reduced $63.9m447.7k shares
WOLVERINE TRADING, LLC Added $57.3m401.4k shares
BARCLAYS PLC New $52.8m370.0k shares
LMR Partners LLP Added $32.5m227.5k shares

Biggest puts

CITADEL ADVISORS LLC Reduced $254.5m1.8m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $205.8m1.4m shares
SIMPLEX TRADING, LLC Reduced $134.9m945.0k shares
Optiver Holding B.V. Reduced $103.3m723.8k shares
IMC-Chicago, LLC Added $69.6m487.4k shares
JANE STREET GROUP, LLC Reduced $60.7m425.4k shares
CAPITAL FUND MANAGEMENT S.A. Added $48.3m338.5k shares
Artia Global Partners LP New $44.2m310.0k shares
Walleye Capital LLC Added $37.1m259.8k shares
MILLENNIUM MANAGEMENT LLC New $28.4m199.1k 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 Q2 2024

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 Q2 2024.

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JENNISON ASSOCIATES LLC 1.94% of their portfolio NEW YORK, NY 21,220,64121.2m $3.0bn $3.0bn 1.94% Added +136.0k +136,027
2 FMR LLC 0.18% of their portfolio BOSTON, MA 19,494,64219.5m $2.8bn $2.8bn 0.18% Added +1.9m +1,890,320
3 MORGAN STANLEY 0.16% of their portfolio NEW YORK, NY 14,610,90014.6m $2.1bn $2.1bn 0.16% Reduced -21.4m -21,424,659
4 BANK OF AMERICA CORP /DE/ 0.19% of their portfolio CHARLOTTE, NC 14,189,36314.2m $2.0bn $2.0bn 0.19% Added +1.1m +1,135,632
5 Fisher Asset Management, LLC 0.83% of their portfolio PLANO, TX 13,370,62713.4m $1.9bn $1.9bn 0.83% Reduced -354.1k -354,091
6 Fayez Sarofim & Co 4.83% of their portfolio Houston, TX 12,552,08812.6m $1.8bn $1.8bn 4.83% Added +736.3k +736,251
7 JPMORGAN CHASE & CO 0.06% of their portfolio NEW YORK, NY 9,873,7389.9m $1.4bn $1.4bn 0.06% Reduced -1.4m -1,365,412
8 PRICE T ROWE ASSOCIATES INC /MD/ 0.16% of their portfolio BALTIMORE, MD 9,503,7649.5m $1.4bn $1.4bn 0.16% Added +914.5k +914,542
9 RENAISSANCE TECHNOLOGIES LLC 2.22% of their portfolio NEW YORK, NY 9,165,3749.2m $1.3bn $1.3bn 2.22% Reduced -1.6m -1,620,700
10 LOOMIS SAYLES & CO L P 1.75% of their portfolio BOSTON, MA 8,897,4378.9m $1.3bn $1.3bn 1.75% Added +44.9k +44,905
11 FOLKETRYGDFONDET 22.27% of their portfolio OSLO, Q8 8,838,7238.8m $1.3bn $1.3bn 22.27% Added +82.7k +82,689
12 POLEN CAPITAL MANAGEMENT LLC 2.67% of their portfolio Boca Raton, FL 7,447,9727.4m $1.1bn $1.1bn 2.67% Reduced -320.8k -320,807
13 Capital International Investors 0.21% of their portfolio Los Angeles, CA 6,961,0947.0m $1.0bn $1.0bn 0.21% Reduced -124.2k -124,239
14 EVERETT HARRIS & CO /CA/ 11.84% of their portfolio LOS ANGELES, CA 6,484,7546.5m $925.6m $925.6m 11.84% Reduced -12.6k -12,618
15 STATE STREET CORP 0.04% of their portfolio BOSTON, MA 6,370,0536.4m $909.3m $909.3m 0.04% Reduced -203.6k -203,637
16 STATE FARM MUTUAL AUTOMOBILE INSURANCE CO 0.79% of their portfolio BLOOMINGTON, IL 6,142,7786.1m $876.8m $876.8m 0.79% Unchanged
17 ROYAL BANK OF CANADA 0.20% of their portfolio TORONTO, A6 5,901,9885.9m $842.5m $842.5m 0.20% Added +405.2k +405,231
18 BlackRock Inc. 0.02% of their portfolio New York, NY 5,462,1455.5m $779.7m $779.7m 0.02% Reduced -102.9k -102,926
19 Capital World Investors 0.10% of their portfolio LOS ANGELES, CA 4,463,8854.5m $637.6m $637.6m 0.10% Added +535.5k +535,463
20 GOLDMAN SACHS GROUP INC 0.12% of their portfolio NEW YORK, NY 4,320,5644.3m $616.7m $616.7m 0.12% Reduced -840.5k -840,487
21 ENVESTNET ASSET MANAGEMENT INC 0.21% of their portfolio Berwyn, PA 4,254,1804.3m $607.2m $607.2m 0.21% Added +58.9k +58,935
22 GQG Partners LLC 0.91% of their portfolio FT. LAUDERDALE, FL 4,214,2164.2m $601.5m $601.5m 0.91% Added +581.2k +581,152
23 WELLS FARGO & COMPANY/MN 0.15% of their portfolio SAN FRANCISCO, CA 4,086,5564.1m $583.3m $583.3m 0.15% Added +132.6k +132,556
24 WCM INVESTMENT MANAGEMENT, LLC 1.38% of their portfolio LAGUNA BEACH, CA 4,034,7954.0m $583.0m $583.0m 1.38% Reduced -43.0k -43,002
25 NORTHERN TRUST CORP 0.09% of their portfolio CHICAGO, IL 3,649,7653.6m $521.0m $521.0m 0.09% Added +120.1k +120,056
26 Nuveen Asset Management, LLC 0.15% of their portfolio CHICAGO, IL 3,518,9963.5m $502.3m $502.3m 0.15% Reduced -153.3k -153,290
27 RAYMOND JAMES & ASSOCIATES 0.33% of their portfolio ST PETERSBURG, FL 3,507,1983.5m $500.6m $500.6m 0.33% Added +363.5k +363,467
28 Sustainable Growth Advisers, LP 2.12% of their portfolio STAMFORD, CT 3,361,3443.4m $479.8m $479.8m 2.12% Reduced -447.1k -447,118
29 NATIXIS ADVISORS, LLC 0.93% of their portfolio Boston, MA 2,994,8063.0m $427.5m $427.5m 0.93% Added +846 +846
30 Amundi 0.12% of their portfolio Paris, I0 2,338,5642.3m $324.9m $324.9m 0.12% Added +176.0k +175,951
31 MILLENNIUM MANAGEMENT LLC 0.25% of their portfolio NEW YORK, NY 2,165,6052.2m $309.1m $309.1m 0.25% Added +1.9m +1,852,828
32 Markel Group Inc. 3.02% of their portfolio Glen Allen, VA 2,150,0002.1m $306.9m $306.9m 3.02% Unchanged
33 Clearbridge Investments, LLC 0.25% of their portfolio NEW YORK, NY 2,140,7142.1m $305.6m $305.6m 0.25% Reduced -86.1k -86,103
34 SATURNA CAPITAL CORP 4.05% of their portfolio BELLINGHAM, WA 2,136,0052.1m $304.9m $304.9m 4.05% Reduced -3.7k -3,686
35 Magellan Asset Management Ltd 2.59% of their portfolio Sydney, C3 1,903,2801.9m $271.7m $271.7m 2.59% New
36 STIFEL FINANCIAL CORP 0.28% of their portfolio ST. LOUIS, MO 1,772,0321.8m $252.9m $252.9m 0.28% Added +74.7k +74,716
37 1832 Asset Management L.P. 0.42% of their portfolio TORONTO, A6 1,620,7861.6m $231.4m $231.4m 0.42% Reduced -752.2k -752,243
38 DIMENSIONAL FUND ADVISORS LP 0.06% of their portfolio AUSTIN, TX 1,619,7391.6m $231.2m $231.2m 0.06% Reduced -128.6k -128,604
39 DSM CAPITAL PARTNERS LLC 3.30% of their portfolio Palm Beach Gardens, FL 1,593,9211.6m $227.5m $227.5m 3.30% Added +1.6m +1,593,303
40 AMERICAN CENTURY COMPANIES INC 0.12% of their portfolio KANSAS CITY, MO 1,426,5391.4m $203.6m $203.6m 0.12% Added +33.2k +33,226
41 Corient Private Wealth LP 0.35% of their portfolio MIAMI, FL 1,389,5911.4m $198.4m $198.4m 0.35% Added +88.6k +88,599
42 CITIGROUP INC 0.18% of their portfolio NEW YORK, NY 1,330,4471.3m $189.9m $189.9m 0.18% Added +22.2k +22,164
43 LPL Financial LLC 0.09% of their portfolio FORT MILL, SC 1,315,2861.3m $187.7m $187.7m 0.09% Added +140.7k +140,671
44 TIGER GLOBAL MANAGEMENT LLC 0.84% of their portfolio New York, NY 1,269,0001.3m $181.1m $181.1m 0.84% Unchanged
45 BANK OF MONTREAL /CAN/ 0.05% of their portfolio TORONTO, A6 1,200,3071.2m $176.4m $176.4m 0.05% Reduced -188.3k -188,294
46 LAZARD ASSET MANAGEMENT LLC 0.21% of their portfolio NEW YORK, NY 1,155,5001.2m $164.9m $164.9m 0.21% Reduced -82.4k -82,386
47 AMERIPRISE FINANCIAL INC 0.04% of their portfolio MINNEAPOLIS, MN 1,098,2941.1m $157.0m $157.0m 0.04% Reduced -2.2k -2,246
48 TD Asset Management Inc 0.14% of their portfolio Toronto, A6 1,061,5911.1m $151.5m $151.5m 0.14% Reduced -12.4k -12,431
49 Point72 Asset Management, L.P. 0.44% of their portfolio STAMFORD, CT 960,854960.9k $137.2m $137.2m 0.44% New
50 UBS Group AG 0.04% of their portfolio ZURICH, V8 914,199914.2k $130.5m $130.5m 0.04% Added +148.5k +148,546
51 JANUS HENDERSON GROUP PLC 0.07% of their portfolio LONDON, X0 893,597893.6k $127.6m $127.6m 0.07% Reduced -424.1k -424,113
52 FRANKLIN RESOURCES INC 0.04% of their portfolio San Mateo, CA 880,247880.2k $125.6m $125.6m 0.04% Added +260.3k +260,279
53 GROUPAMA ASSET MANAGMENT 1.73% of their portfolio PARIS, I0 879,546879.5k $127.1m $127.1m 1.73% Added +185.6k +185,584
54 CITADEL ADVISORS LLC 0.12% of their portfolio MIAMI, FL 873,106873.1k $124.6m $124.6m 0.12% Reduced -95.7k -95,718
55 Focus Partners Wealth 0.40% of their portfolio ST LOUIS, MO 840,024840.0k $119.9m $119.9m 0.40% Added +781.8k +781,766
56 Baird Financial Group, Inc. 0.25% of their portfolio MILWAUKEE, WI 830,736830.7k $118.6m $118.6m 0.25% Reduced -65.3k -65,276
57 Invesco Ltd. 0.02% of their portfolio ATLANTA, GA 821,141821.1k $117.2m $117.2m 0.02% Reduced -32.5k -32,512
58 Bank of New York Mellon Corp 0.02% of their portfolio NEW YORK, NY 808,567808.6k $115.4m $115.4m 0.02% Added +13.8k +13,824
59 Artisan Partners Limited Partnership 0.17% of their portfolio Milwaukee, WI 800,170800.2k $114.2m $114.2m 0.17% Reduced -73.3k -73,335
60 Thrivent Financial for Lutherans 0.23% of their portfolio Minneapolis, MN 790,425790.4k $112.8m $112.8m 0.23% Reduced -545.3k -545,344
61 Ensign Peak Advisors, Inc 0.20% of their portfolio SALT LAKE CITY, UT 785,551785.6k $112.1m $112.1m 0.20% Added +192.5k +192,541
62 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.20% of their portfolio Boston, MA 759,375759.4k $108.4m $108.4m 0.20% Reduced -58.5k -58,451
63 Saratoga Research & Investment Management 4.86% of their portfolio SARATOGA, CA 748,717748.7k $106.9m $106.9m 4.86% Reduced -35.1k -35,074
64 THORNBURG INVESTMENT MANAGEMENT INC 1.49% of their portfolio SANTA FE, NM 740,368740.4k $105.7m $105.7m 1.49% Reduced -21.3k -21,345
65 Qube Research & Technologies Ltd 0.19% of their portfolio LONDON, X0 726,642726.6k $103.7m $103.7m 0.19% Added +6.5k +6,511
66 SEI INVESTMENTS CO 0.15% of their portfolio OAKS, PA 718,784718.8k $102.6m $102.6m 0.15% Reduced -36.0k -35,992
67 Artia Global Partners LP 25.33% of their portfolio MIAMI, FL 691,743691.7k $98.7m $98.7m 25.33% Unchanged
68 MARSHALL WACE, LLP 0.14% of their portfolio LONDON, X0 691,441691.4k $98.7m $98.7m 0.14% Added +689.4k +689,441
69 Sofinnova Investments, Inc. 5.84% of their portfolio Menlo Park, CA 649,541649.5k $92.7m $92.7m 5.84% Added +37.7k +37,657
70 Clark Capital Management Group, Inc. 0.68% of their portfolio PHILADELPHIA, PA 647,102647.1k $92.4m $92.4m 0.68% Added +12.4k +12,364
71 SAPIENT CAPITAL LLC 1.89% of their portfolio INDIANAPOLIS, IN 635,850635.9k $90.8m $90.8m 1.89% Added +5.6k +5,622
72 TRUIST FINANCIAL CORP 0.13% of their portfolio CHARLOTTE, NC 612,367612.4k $87.4m $87.4m 0.13% Reduced -7.3k -7,321
73 Cerity Partners LLC 0.24% of their portfolio NEW YORK, NY 608,703608.7k $86.9m $86.9m 0.24% Reduced -44.6k -44,616
74 DAVENPORT & Co LLC 0.54% of their portfolio RICHMOND, VA 603,441603.4k $86.1m $86.1m 0.54% Reduced -1.0k -1,031
75 Raymond James Financial Services Advisors, Inc. 0.12% of their portfolio ST. PETERSBURG, FL 599,711599.7k $85.6m $85.6m 0.12% Added +58.4k +58,357
76 PNC Financial Services Group, Inc. 0.05% of their portfolio Pittsburgh, PA 565,459565.5k $80.7m $80.7m 0.05% Reduced -10.0k -10,021
77 Rockefeller Capital Management L.P. 0.23% of their portfolio NEW YORK, NY 555,800555.8k $79.3m $79.3m 0.23% Reduced -19.4k -19,385
78 ARMISTICE CAPITAL, LLC 2.03% of their portfolio NEW YORK, NY 544,000544.0k $77.7m $77.7m 2.03% Added +144.0k +144,000
79 Vantage Investment Partners, LLC 6.92% of their portfolio KANSAS CITY, MO 534,771534.8k $76.3m $76.3m 6.92% Reduced -65.0k -65,020
80 HighTower Advisors, LLC 0.11% of their portfolio CHICAGO, IL 510,365510.4k $72.9m $72.9m 0.11% Added +31.7k +31,697
81 COMMONWEALTH EQUITY SERVICES, LLC 0.11% of their portfolio WALTHAM, MA 505,992506.0k $72.2m $72.2m 0.11% Added +97.2k +97,209
82 CIBC WORLD MARKET INC. 0.18% of their portfolio TORONTO, A6 499,396499.4k $71.3m $71.3m 0.18% Added +113.1k +113,136
83 NICHOLS & PRATT ADVISERS LLP /MA 4.79% of their portfolio BOSTON, MA 496,215496.2k $70.8m $70.8m 4.79% Reduced -305 -305
84 Main Street Research LLC 4.34% of their portfolio SAUSALITO, CA 461,087461.1k $65.8m $65.8m 4.34% Reduced -1.2k -1,225
85 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.06% of their portfolio MILWAUKEE, WI 448,510448.5k $64.0m $64.0m 0.06% Added +24.6k +24,646
86 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.55% of their portfolio IRVING, TX 443,967444.0k $63.4m $63.4m 0.55% Reduced -37.2k -37,155
87 Moran Wealth Management, LLC 2.04% of their portfolio NAPLES, FL 434,831434.8k $62.1m $62.1m 2.04% Reduced -5.3k -5,319
88 VAN ECK ASSOCIATES CORP 0.09% of their portfolio NEW YORK, NY 427,832427.8k $61.1m $61.1m 0.09% Added +19.9k +19,931
89 CAPITAL FUND MANAGEMENT S.A. 0.68% of their portfolio PARIS, I0 421,010421.0k $60.1m $60.1m 0.68% Reduced -348.0k -348,006
90 ASSETMARK, INC 0.19% of their portfolio CONCORD, CA 420,329420.3k $60.0m $60.0m 0.19% Added +1.5k +1,545
91 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.05% of their portfolio BOSTON, MA 395,898395.9k $56.5m $56.5m 0.05% New
92 M&T Bank Corp 0.19% of their portfolio BUFFALO, NY 392,676392.7k $56.1m $56.1m 0.19% Added +266.5k +266,518
93 FIRST TRUST ADVISORS LP 0.06% of their portfolio Wheaton, IL 392,420392.4k $56.0m $56.0m 0.06% Reduced -119.8k -119,812
94 TOWNSQUARE CAPITAL LLC 0.76% of their portfolio Lehi, UT 389,980390.0k $55.7m $55.7m 0.76% Added +46.3k +46,324
95 OPPENHEIMER ASSET MANAGEMENT INC. 0.71% of their portfolio NEW YORK, NY 389,476389.5k $55.6m $55.6m 0.71% Added +45.0k +44,981
96 Balyasny Asset Management L.P. 0.14% of their portfolio Chicago, IL 383,644383.6k $54.8m $54.8m 0.14% New
97 Modera Wealth Management, LLC 0.79% of their portfolio WESTWOOD, NJ 376,986377.0k $53.8m $53.8m 0.79% Reduced -28.3k -28,269
98 OSAIC HOLDINGS, INC. 0.13% of their portfolio SCOTTSDALE, AZ 375,918375.9k $53.7m $53.7m 0.13% Added +12.1k +12,080
99 Russell Investments Group, Ltd. 0.09% of their portfolio Seattle, WA 375,061375.1k $53.6m $53.6m 0.09% Reduced -80.3k -80,268
100 Walleye Trading LLC 1.03% of their portfolio NEW YORK, NY 367,702367.7k $52.5m $52.5m 1.03% Added +76.1k +76,065