Novo Nordisk A/S
Ownership
Ownership Structure
Who owns Novo Nordisk A/S (NVO)? This page shows the largest institutions and funds, the ownership structure and the latest insider transactions. 94.9% of the shares are freely tradable; institutional investors hold 10.0%.
Largest Shareholders
Institutions
| Name | Stake (%) | Shares | Change (%) | Date |
|---|---|---|---|---|
| Dodge & Cox | 0.46 | 20,397,110 | +5.5 | 06/30/2026 |
| Loomis, Sayles & Company LP | 0.42 | 18,594,352 | +9.3 | 06/30/2026 |
| Franklin Templeton Inc | 0.36 | 16,083,479 | +9.4 | 03/31/2026 |
| Susquehanna International Group, LLP | 0.25 | 11,106,111 | +808.8 | 03/31/2026 |
| T. Rowe Price Associates, Inc. | 0.25 | 11,060,680 | +14.2 | 03/31/2026 |
| Morgan Stanley - Brokerage Accounts | 0.25 | 10,869,200 | -15.4 | 03/31/2026 |
| Bank of America Corp | 0.24 | 10,769,699 | -9.3 | 03/31/2026 |
| Capital Research & Mgmt Co - Division 3 | 0.22 | 9,721,180 | -17.6 | 06/30/2026 |
| Folketrygdfondet | 0.21 | 9,080,820 | -10.7 | 03/31/2026 |
Funds
| Name | Stake (%) | Shares | Change (%) | Date |
|---|---|---|---|---|
| Dodge & Cox Stock I | 0.34 | 15,240,800 | +0.0 | 06/30/2026 |
Largest reported positions according to regulatory filings; stake as a percentage of shares outstanding, change versus the previous filing. Source: fundamentals data.
Data as of: September 28, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.