13FPulse
NV

NVO NOVO-NORDISK A/S-SPONS ADR

2026Q2 · CUSIP 670100205 · GLP-1 / Weight Loss · Sector: Healthcare & Biotech

Piling in

Net holder growth ranks near the top of the market

Funds that own it
1,324
Institutions that reported holding it to the SEC
Net increase in holders
+51
Last quarter 1,273 → now 1,324
How unusual is that
Top 10%
Stronger buying than 95% of US stocks
What the filings say, in one paragraph

1,324 funds held NVO at the end of 2026Q2, up 51 from the quarter before. That is stronger buying than 94.8% of US stocks — among the most piled-into names this quarter. NVO has had 27 buying rushes in its history, and the price moved +6.9% on average over the six months after (that is the raw price move, not how much it beat the market by). It sits in the Healthcare & Biotech sector, tagged GLP-1 / Weight Loss.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2013Q3: holders=422 2013Q4: holders=430 2014Q1: holders=459 2014Q2: holders=471 2014Q3: holders=469 2014Q4: holders=497 2015Q1: holders=506 2015Q2: holders=515 2015Q3: holders=528 2015Q4: holders=549 2016Q1: holders=538 2016Q2: holders=527 2016Q3: holders=511 2016Q4: holders=484 2017Q1: holders=466 2017Q2: holders=485 2017Q3: holders=490 2017Q4: holders=550 2018Q1: holders=555 2018Q2: holders=538 2018Q3: holders=559 2018Q4: holders=552 2019Q1: holders=578 2019Q2: holders=555 2019Q3: holders=567 2019Q4: holders=638 2020Q1: holders=644 2020Q2: holders=655 2020Q3: holders=658 2020Q4: holders=702 2021Q1: holders=706 2021Q2: holders=731 2021Q3: holders=803 2021Q4: holders=890 2022Q1: holders=903 2022Q2: holders=928 2022Q3: holders=903 2022Q4: holders=1049 2023Q1: holders=1147 2023Q2: holders=1196 2023Q3: holders=1305 2023Q4: holders=1513 2024Q1: holders=1745 2024Q2: holders=1863 2024Q3: holders=1787 2024Q4: holders=1667 2025Q1: holders=1532 2025Q2: holders=1488 2025Q3: holders=1404 2025Q4: holders=1419 2026Q1: holders=1273 2026Q2: holders=1324 -232 -116 +0 +116 +232 37911681957 13Q315Q116Q318Q119Q321Q122Q324Q125Q326Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 27 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2026Q2 Top 10%
2024Q2 Top 1% in the market -13.6% -21.9%
2024Q1 Top 1% in the market +7.9% +2.9%
2023Q4 Top 1% in the market +0.7% +7.1%
2023Q3 Top 1% in the market +8.1% +22.0%
2023Q2 Top 5% -0.1% +8.0%
2023Q1 Top 1% in the market -4.6% +10.5%
2022Q4 Top 1% in the market +16.0% +22.5%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
234
Change in large funds
+29
Total value they hold
$18.9B
Funds buying for the first time
218
Funds that sold out entirely
167
Price change that quarter
+5.6%
Funds holding puts (bearish)
39
Funds holding calls (bullish)
56

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

8,697 institutions have filed for this quarter. 13F permits late filing and a small number arrive in the weeks after the deadline, so the holder counts and changes below may tick up.

Email me the next update

2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.