Vault-13

NOVO-NORDISK A S NVO

ADR · ADR · CUSIP 670100205 · ISIN US6701002056

1,786 institutional holders -79 vs Q2 2024
339,775,841339.8m shares reported held*
$40.2bnreported value*
119 new 706 added 649 reduced 205 sold out net sold ≈ $220.0m (-204.8k 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 ($109.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $118.32. Options: 45 managers hold calls ($790.6m notional), 38 hold puts ($1.2bn).

Trends to Q3 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: 1,865Q3 24: 1,7861,786Q3 22Q1 23Q3 23Q1 24Q3 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
Q3 20241,786

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 outQ1 23: 486 bought or addedQ1 23: 481 cut or sold outQ1 23Q2 23: 569 bought or addedQ2 23: 475 cut or sold outQ3 23: 674 bought or addedQ3 23: 468 cut or sold outQ3 23Q4 23: 766 bought or addedQ4 23: 506 cut or sold outQ1 24: 1,016 bought or addedQ1 24: 556 cut or sold outQ1 24Q2 24: 952 bought or addedQ2 24: 665 cut or sold outQ3 24: 825 bought or addedQ3 24: 854 cut or sold outQ3 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022445401
Q1 2023486481
Q2 2023569475
Q3 2023674468
Q4 2023766506
Q1 20241,016556
Q2 2024952665
Q3 2024825854

Calls vs puts

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

CallsPuts
$0$500m$1bn$1.5bnQ4 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 1.04Q3 24 calls: $790.6mQ3 24 puts: $1.2bnQ3 24P/C 1.47
Numbers
QuarterCallsPutsP/C
Q4 2023$719.3m$595.9m0.83
Q1 2024$1.0bn$1.1bn1.12
Q2 2024$1.1bn$1.1bn1.04
Q3 2024$790.6m$1.2bn1.47

Biggest buyers

GQG Partners LLC Added +3,223,857+3.2m
INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC Added +1,796,635+1.8m
Sustainable Growth Advisers, LP Added +957,961+958.0k
JPMORGAN CHASE & CO Added +944,718+944.7k
D. E. Shaw & Co., Inc. Added +858,885+858.9k
Mediolanum International Funds Ltd New +828,479+828.5k
VOLORIDGE INVESTMENT MANAGEMENT, LLC New +618,206+618.2k
Alyeska Investment Group, L.P. Added +560,893+560.9k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +540,895+540.9k
Clearbridge Investments, LLC Added +540,054+540.1k

Biggest sellers

FMR LLC Reduced -1,563,065-1.6m
MILLENNIUM MANAGEMENT LLC Reduced -1,456,141-1.5m
1832 Asset Management L.P. Reduced -1,170,600-1.2m
JENNISON ASSOCIATES LLC Reduced -1,024,684-1.0m
RENAISSANCE TECHNOLOGIES LLC Reduced -976,059-976.1k
Point72 Asset Management, L.P. Sold out -960,854-960.9k
GROUPAMA ASSET MANAGMENT Sold out -879,546-879.5k
Artisan Partners Limited Partnership Reduced -677,772-677.8k
Thrivent Financial for Lutherans Reduced -660,825-660.8k
POLEN CAPITAL MANAGEMENT LLC Reduced -593,313-593.3k

Biggest calls

CITADEL ADVISORS LLC Reduced $137.4m1.2m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $108.6m912.1k shares
JANE STREET GROUP, LLC Added $76.3m640.6k shares
IMC-Chicago, LLC Added $61.4m515.9k shares
SIMPLEX TRADING, LLC Reduced $60.5m507.9k shares
WOLVERINE TRADING, LLC Reduced $46.9m388.4k shares
Optiver Holding B.V. Reduced $38.7m325.1k shares
LMR Partners LLP Added $34.0m285.9k shares
BNP PARIBAS FINANCIAL MARKETS Added $23.8m2.0k shares
GROUP ONE TRADING LLC Reduced $21.8m183.4k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $283.3m2.4m shares
CITADEL ADVISORS LLC Reduced $159.9m1.3m shares
SIMPLEX TRADING, LLC Reduced $95.5m802.3k shares
BARCLAYS PLC New $89.3m750.0k shares
IMC-Chicago, LLC Added $64.2m539.4k shares
Optiver Holding B.V. Reduced $58.6m492.1k shares
Twin Tree Management, LP Added $55.8m468.6k shares
JANE STREET GROUP, LLC Added $51.0m428.5k shares
MILLENNIUM MANAGEMENT LLC Added $46.5m390.5k shares
CAPITAL FUND MANAGEMENT S.A. Added $42.4m355.8k 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 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 Q3 2024.

Holders, Q3 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JENNISON ASSOCIATES LLC 1.49% of their portfolio NEW YORK, NY 20,195,95720.2m $2.4bn $2.4bn 1.49% Reduced -1.0m -1,024,684
2 FMR LLC 0.13% of their portfolio BOSTON, MA 17,931,57717.9m $2.1bn $2.1bn 0.13% Reduced -1.6m -1,563,065
3 MORGAN STANLEY 0.12% of their portfolio NEW YORK, NY 14,365,40214.4m $1.7bn $1.7bn 0.12% Reduced -245.5k -245,498
4 BANK OF AMERICA CORP /DE/ 0.15% of their portfolio CHARLOTTE, NC 14,326,42914.3m $1.7bn $1.7bn 0.15% Added +137.1k +137,066
5 Fisher Asset Management, LLC 0.65% of their portfolio PLANO, TX 13,305,47413.3m $1.6bn $1.6bn 0.65% Reduced -65.2k -65,153
6 Fayez Sarofim & Co 3.70% of their portfolio Houston, TX 12,217,11812.2m $1.5bn $1.5bn 3.70% Reduced -335.0k -334,970
7 JPMORGAN CHASE & CO 0.05% of their portfolio NEW YORK, NY 10,818,45610.8m $1.3bn $1.3bn 0.05% Added +944.7k +944,718
8 PRICE T ROWE ASSOCIATES INC /MD/ 0.13% of their portfolio BALTIMORE, MD 9,583,4359.6m $1.1bn $1.1bn 0.13% Added +79.7k +79,671
9 FOLKETRYGDFONDET 20.72% of their portfolio OSLO, Q8 8,863,6258.9m $1.1bn $1.1bn 20.72% Added +24.9k +24,902
10 LOOMIS SAYLES & CO L P 1.35% of their portfolio BOSTON, MA 8,623,9158.6m $1.0bn $1.0bn 1.35% Reduced -273.5k -273,522
11 RENAISSANCE TECHNOLOGIES LLC 1.47% of their portfolio NEW YORK, NY 8,189,3158.2m $975.1m $975.1m 1.47% Reduced -976.1k -976,059
12 GQG Partners LLC 1.39% of their portfolio FT. LAUDERDALE, FL 7,438,0737.4m $885.7m $885.7m 1.39% Added +3.2m +3,223,857
13 Capital International Investors 0.16% of their portfolio Los Angeles, CA 6,959,0147.0m $835.5m $835.5m 0.16% Reduced -2.1k -2,080
14 POLEN CAPITAL MANAGEMENT LLC 2.11% of their portfolio Boca Raton, FL 6,854,6596.9m $816.2m $816.2m 2.11% Reduced -593.3k -593,313
15 EVERETT HARRIS & CO /CA/ 9.51% of their portfolio LOS ANGELES, CA 6,438,6146.4m $766.6m $766.6m 9.51% Reduced -46.1k -46,140
16 STATE STREET CORP 0.03% of their portfolio BOSTON, MA 6,227,3616.2m $741.5m $741.5m 0.03% Reduced -142.7k -142,692
17 STATE FARM MUTUAL AUTOMOBILE INSURANCE CO 0.63% of their portfolio BLOOMINGTON, IL 6,142,7786.1m $731.4m $731.4m 0.63% Unchanged
18 ROYAL BANK OF CANADA 0.16% of their portfolio TORONTO, A6 6,004,1206.0m $714.9m $714.9m 0.16% Added +102.1k +102,132
19 BlackRock, Inc. 0.01% of their portfolio New York, NY 5,514,1645.5m $656.6m $656.6m 0.01% First filing
20 GOLDMAN SACHS GROUP INC 0.10% of their portfolio NEW YORK, NY 4,509,8034.5m $537.0m $537.0m 0.10% Added +189.2k +189,239
21 Capital World Investors 0.08% of their portfolio LOS ANGELES, CA 4,454,0164.5m $530.7m $530.7m 0.08% Reduced -9.9k -9,869
22 Sustainable Growth Advisers, LP 2.18% of their portfolio STAMFORD, CT 4,319,3054.3m $514.3m $514.3m 2.18% Added +958.0k +957,961
23 ENVESTNET ASSET MANAGEMENT INC 0.16% of their portfolio Berwyn, PA 4,278,6604.3m $509.5m $509.5m 0.16% Added +24.5k +24,480
24 WELLS FARGO & COMPANY/MN 0.12% of their portfolio SAN FRANCISCO, CA 4,068,8544.1m $484.5m $484.5m 0.12% Reduced -17.7k -17,702
25 WCM INVESTMENT MANAGEMENT, LLC 1.09% of their portfolio LAGUNA BEACH, CA 3,990,6494.0m $481.9m $481.9m 1.09% Reduced -44.1k -44,146
26 NORTHERN TRUST CORP 0.07% of their portfolio CHICAGO, IL 3,698,0763.7m $440.3m $440.3m 0.07% Added +48.3k +48,311
27 Nuveen Asset Management, LLC 0.12% of their portfolio CHICAGO, IL 3,605,2383.6m $429.3m $429.3m 0.12% Added +86.2k +86,242
28 RAYMOND JAMES & ASSOCIATES 0.26% of their portfolio ST PETERSBURG, FL 3,526,8213.5m $419.9m $419.9m 0.26% Added +19.6k +19,623
29 NATIXIS ADVISORS, LLC 0.71% of their portfolio Boston, MA 3,074,8763.1m $366.1m $366.1m 0.71% Added +80.1k +80,070
30 Clearbridge Investments, LLC 0.25% of their portfolio NEW YORK, NY 2,680,7682.7m $319.2m $319.2m 0.25% Added +540.1k +540,054
31 Amundi 0.11% of their portfolio Paris, I0 2,618,8892.6m $307.0m $307.0m 0.11% Added +280.3k +280,325
32 Magellan Asset Management Ltd 2.86% of their portfolio Sydney, C3 2,411,8282.4m $287.2m $287.2m 2.86% Added +508.5k +508,548
33 Markel Group Inc. 2.30% of their portfolio Glen Allen, VA 2,150,0002.1m $256.0m $256.0m 2.30% Unchanged
34 SATURNA CAPITAL CORP 3.32% of their portfolio BELLINGHAM, WA 2,132,0382.1m $253.9m $253.9m 3.32% Reduced -4.0k -3,967
35 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.04% of their portfolio ORLANDO, FL 1,813,5711.8m $15.2k $15.2k 0.04% Added +1.8m +1,796,635
36 STIFEL FINANCIAL CORP 0.22% of their portfolio ST. LOUIS, MO 1,757,2901.8m $209.2m $209.2m 0.22% Reduced -14.7k -14,742
37 DSM CAPITAL PARTNERS LLC 3.13% of their portfolio Palm Beach Gardens, FL 1,720,5001.7m $204.9m $204.9m 3.13% Added +126.6k +126,579
38 DIMENSIONAL FUND ADVISORS LP 0.05% of their portfolio AUSTIN, TX 1,643,4041.6m $195.7m $195.7m 0.05% Added +23.7k +23,665
39 AMERICAN CENTURY COMPANIES INC 0.10% of their portfolio KANSAS CITY, MO 1,467,9631.5m $174.8m $174.8m 0.10% Added +41.4k +41,424
40 Corient Private Wealth LP 0.26% of their portfolio MIAMI, FL 1,397,5741.4m $166.4m $166.4m 0.26% Added +8.0k +7,983
41 LPL Financial LLC 0.07% of their portfolio FORT MILL, SC 1,362,7821.4m $162.3m $162.3m 0.07% Added +47.5k +47,496
42 CITIGROUP INC 0.15% of their portfolio NEW YORK, NY 1,359,1541.4m $161.8m $161.8m 0.15% Added +28.7k +28,707
43 LAZARD ASSET MANAGEMENT LLC 0.21% of their portfolio NEW YORK, NY 1,313,4231.3m $156.4m $156.4m 0.21% Added +157.9k +157,923
44 TIGER GLOBAL MANAGEMENT LLC 0.64% of their portfolio New York, NY 1,269,0001.3m $151.1m $151.1m 0.64% Unchanged
45 AMERIPRISE FINANCIAL INC 0.04% of their portfolio MINNEAPOLIS, MN 1,204,4881.2m $143.2m $143.2m 0.04% Added +106.2k +106,194
46 BANK OF MONTREAL /CAN/ 0.06% of their portfolio TORONTO, A6 1,121,0921.1m $135.4m $135.4m 0.06% Reduced -79.2k -79,215
47 TD Asset Management Inc 0.11% of their portfolio Toronto, A6 1,020,3971.0m $123.2m $123.2m 0.11% Reduced -41.2k -41,194
48 UBS Group AG 0.03% of their portfolio ZURICH, V8 957,724957.7k $114.0m $114.0m 0.03% Added +43.5k +43,525
49 D. E. Shaw & Co., Inc. 0.14% of their portfolio New York, NY 905,585905.6k $107.8m $107.8m 0.14% Added +858.9k +858,885
50 JANUS HENDERSON GROUP PLC 0.05% of their portfolio LONDON, X0 892,427892.4k $106.3m $106.3m 0.05% Reduced -1.2k -1,170
51 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.18% of their portfolio BALA CYNWYD, PA 889,702889.7k $105.9m $105.9m 0.18% Added +540.9k +540,895
52 FRANKLIN RESOURCES INC 0.03% of their portfolio San Mateo, CA 875,842875.8k $104.9m $104.9m 0.03% Reduced -4.4k -4,405
53 Baird Financial Group, Inc. 0.20% of their portfolio MILWAUKEE, WI 862,594862.6k $102.7m $102.7m 0.20% Added +31.9k +31,858
54 Mediolanum International Funds Ltd 1.37% of their portfolio DUBLIN 1, L2 828,479828.5k $98.8m $98.8m 1.37% New
55 Alyeska Investment Group, L.P. 0.50% of their portfolio CHICAGO, IL 817,885817.9k $97.4m $97.4m 0.50% Added +560.9k +560,893
56 Bank of New York Mellon Corp 0.02% of their portfolio NEW YORK, NY 813,421813.4k $96.9m $96.9m 0.02% Added +4.9k +4,854
57 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.17% of their portfolio Boston, MA 794,125794.1k $94.6m $94.6m 0.17% Added +34.8k +34,750
58 Cerity Partners LLC 0.21% of their portfolio NEW YORK, NY 790,636790.6k $94.1m $94.1m 0.21% Added +181.9k +181,933
59 Ensign Peak Advisors, Inc 0.16% of their portfolio SALT LAKE CITY, UT 783,737783.7k $93.3m $93.3m 0.16% Reduced -1.8k -1,814
60 THORNBURG INVESTMENT MANAGEMENT INC 1.18% of their portfolio SANTA FE, NM 759,191759.2k $90.4m $90.4m 1.18% Added +18.8k +18,823
61 Artia Global Partners LP 24.98% of their portfolio MIAMI, FL 741,743741.7k $88.3m $88.3m 24.98% Added +50.0k +50,000
62 Sofinnova Investments, Inc. 7.16% of their portfolio Menlo Park, CA 726,329726.3k $86.5m $86.5m 7.16% Added +76.8k +76,788
63 MILLENNIUM MANAGEMENT LLC 0.07% of their portfolio NEW YORK, NY 709,464709.5k $84.5m $84.5m 0.07% Reduced -1.5m -1,456,141
64 Saratoga Research & Investment Management 3.69% of their portfolio SARATOGA, CA 708,519708.5k $84.4m $84.4m 3.69% Reduced -40.2k -40,198
65 Qube Research & Technologies Ltd 0.14% of their portfolio LONDON, X0 662,243662.2k $78.9m $78.9m 0.14% Reduced -64.4k -64,399
66 SEI INVESTMENTS CO 0.10% of their portfolio OAKS, PA 661,752661.8k $78.8m $78.8m 0.10% Reduced -57.0k -57,032
67 SAPIENT CAPITAL LLC 1.53% of their portfolio INDIANAPOLIS, IN 640,279640.3k $76.2m $76.2m 1.53% Added +4.4k +4,429
68 CIBC WORLD MARKET INC. 0.17% of their portfolio TORONTO, A6 619,774619.8k $73.8m $73.8m 0.17% Added +120.4k +120,378
69 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.27% of their portfolio JUPITER, FL 618,206618.2k $73.6m $73.6m 0.27% New
70 DAVENPORT & Co LLC 0.42% of their portfolio RICHMOND, VA 601,071601.1k $71.8m $71.8m 0.42% Reduced -2.4k -2,370
71 TRUIST FINANCIAL CORP 0.11% of their portfolio CHARLOTTE, NC 575,795575.8k $68.6m $68.6m 0.11% Reduced -36.6k -36,572
72 ARMISTICE CAPITAL, LLC 1.76% of their portfolio NEW YORK, NY 565,000565.0k $67.3m $67.3m 1.76% Added +21.0k +21,000
73 PNC Financial Services Group, Inc. 0.04% of their portfolio Pittsburgh, PA 561,538561.5k $66.9m $66.9m 0.04% Reduced -3.9k -3,921
74 Raymond James Financial Services Advisors, Inc. 0.09% of their portfolio ST. PETERSBURG, FL 555,642555.6k $66.2m $66.2m 0.09% Reduced -44.1k -44,069
75 Balyasny Asset Management L.P. 0.16% of their portfolio Chicago, IL 525,291525.3k $62.5m $62.5m 0.16% Added +141.6k +141,647
76 Clark Capital Management Group, Inc. 0.42% of their portfolio PHILADELPHIA, PA 521,318521.3k $62.1m $62.1m 0.42% Reduced -125.8k -125,784
77 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 520,452520.5k $62.0m $62.0m 0.01% Reduced -300.7k -300,689
78 Focus Partners Wealth 0.19% of their portfolio ST LOUIS, MO 501,946501.9k $59.8m $59.8m 0.19% Reduced -338.1k -338,078
79 VAN ECK ASSOCIATES CORP 0.07% of their portfolio NEW YORK, NY 492,467492.5k $57.0m $57.0m 0.07% Added +64.6k +64,635
80 NICHOLS & PRATT ADVISERS LLP /MA 3.75% of their portfolio BOSTON, MA 488,210488.2k $58.1m $58.1m 3.75% Reduced -8.0k -8,005
81 CAPITAL FUND MANAGEMENT S.A. 0.64% of their portfolio PARIS, I0 486,400486.4k $57.9m $57.9m 0.64% Added +65.4k +65,390
82 Rockefeller Capital Management L.P. 0.16% of their portfolio NEW YORK, NY 484,586484.6k $57.7m $57.7m 0.16% Reduced -71.2k -71,214
83 HighTower Advisors, LLC 0.08% of their portfolio CHICAGO, IL 479,773479.8k $57.1m $57.1m 0.08% Reduced -30.6k -30,592
84 Mirae Asset Global Investments Co., Ltd. 0.25% of their portfolio SEOUL, M5 475,490475.5k $57.4m $57.4m 0.25% Added +198.9k +198,891
85 Main Street Research LLC 3.46% of their portfolio SAUSALITO, CA 462,068462.1k $55.0m $55.0m 3.46% Added +981 +981
86 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio BOSTON, MA 450,803450.8k $8.0m $8.0m 0.01% Added +54.9k +54,905
87 1832 Asset Management L.P. 0.09% of their portfolio TORONTO, A6 450,186450.2k $53.6m $53.6m 0.09% Reduced -1.2m -1,170,600
88 ASSETMARK, INC 0.15% of their portfolio CONCORD, CA 441,882441.9k $52.6m $52.6m 0.15% Added +21.6k +21,553
89 BARCLAYS PLC 0.02% of their portfolio LONDON, X0 441,619441.6k $52.6m $52.6m 0.02% Added +186.5k +186,525
90 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.05% of their portfolio MILWAUKEE, WI 438,233438.2k $52.2m $52.2m 0.05% Reduced -10.3k -10,277
91 Moran Wealth Management, LLC 1.57% of their portfolio NAPLES, FL 429,635429.6k $51.2m $51.2m 1.57% Reduced -5.2k -5,196
92 COMMONWEALTH EQUITY SERVICES, LLC 0.08% of their portfolio WALTHAM, MA 429,333429.3k $51.1m $51.1m 0.08% Reduced -76.7k -76,659
93 Vantage Investment Partners, LLC 4.29% of their portfolio KANSAS CITY, MO 428,797428.8k $51.1m $51.1m 4.29% Reduced -106.0k -105,974
94 Allspring Global Investments Holdings, LLC 0.08% of their portfolio CHARLOTTE, NC 427,785427.8k $50.9m $50.9m 0.08% Added +99.9k +99,945
95 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.41% of their portfolio IRVING, TX 420,877420.9k $50.1m $50.1m 0.41% Reduced -23.1k -23,090
96 CITADEL ADVISORS LLC 0.05% of their portfolio MIAMI, FL 411,641411.6k $49.0m $49.0m 0.05% Reduced -461.5k -461,465
97 OPPENHEIMER ASSET MANAGEMENT INC. 0.56% of their portfolio NEW YORK, NY 393,234393.2k $46.8m $46.8m 0.56% Added +3.8k +3,758
98 M&T Bank Corp 0.15% of their portfolio BUFFALO, NY 390,349390.3k $46.5m $46.5m 0.15% Reduced -2.3k -2,327
99 TOWNSQUARE CAPITAL LLC 0.54% of their portfolio Lehi, UT 378,773378.8k $45.1m $45.1m 0.54% Reduced -11.2k -11,207
100 Modera Wealth Management, LLC 0.56% of their portfolio WESTWOOD, NJ 368,775368.8k $43.9m $43.9m 0.56% Reduced -8.2k -8,211