L3VLUP
Quarter end
31 Mar 2024
the date the book describes
Filed
5 Nov 2026
latest of these filings; the earliest 1 May 2024
Managers listing it
17
at least, of 95 tracked, among listed positions
Comparable managers
93
filed both Q4 2023 and Q1 2024; 15 listed it in both
Shares listed
56,876,790
combined, among listed positions
Reported value
$7.3bn
combined, at the quarter end

Among the 93 comparable managers: 7 buyers (opened or added shares) and 12 sellers (trimmed or exited), at least, among listed positions. Their net change in shares is not known from listed positions, because at least one of them lists it in only one of the two quarters.

Managers listing NVO in Q1 2024

Share of 13F value is the position’s reported value over everything the manager reported that quarter. The share change is against Q4 2023, and only where both filings list the position. A rise in value with no rise in shares is the price, not buying.

17 of 17 holders

ActionFiling
Fidelity (FMR LLC)17,604,322$2.3bn0.15%Added+4,941,0975 Nov 2026 (the filing on sec.gov)
Renaissance Technologies LLC10,786,074$1.4bn2.18%Trimmed-3,063,26113 May 2024 (the filing on sec.gov)
T. Rowe Price Associates Inc8,589,222$1.1bn0.14%Added+823,03615 May 2024 (the filing on sec.gov)
Polen Capital Management LLC7,768,779$998m2.30%Trimmed-189,66510 May 2024 (the filing on sec.gov)
Capital World Investors3,928,422$504m0.08%Trimmed-42,99514 May 2024 (the filing on sec.gov)
Markel Group Inc2,150,000$276m2.72%Held03 May 2024 (the filing on sec.gov)
Janus Henderson Group Ltd1,317,710$169m0.09%Trimmed-251,85415 May 2024 (the filing on sec.gov)
Tiger Global Management LLC1,269,000$163m0.89%Held015 May 2024 (the filing on sec.gov)
Acadian Asset Management LLC1,244,128$160m0.56%Added+1,155,31310 May 2024 (the filing on sec.gov)
Artisan Partners LP873,505$112m0.16%Trimmed-378,95513 May 2024 (the filing on sec.gov)
Soros Fund Management LLC797,616$102m1.70%Trimmed-757,21415 May 2024 (the filing on sec.gov)
Coatue Management LLC307,133$39m0.15%Trimmed-3,87815 May 2024 (the filing on sec.gov)
Two Sigma Advisers LP140,200$18munder 0.1%Added+2,40015 May 2024 (the filing on sec.gov)
Tudor Investment Corp51,315$6.6munder 0.1%Trimmed-161,19115 May 2024 (the filing on sec.gov)
Capital Research Global Investors47,233$6.1munder 0.1%Added+13,18114 May 2024 (the filing on sec.gov)
Maverick Capital Ltd2,105$270kunder 0.1%Newnew15 May 2024 (the filing on sec.gov)
Baillie Gifford & Co26$3kunder 0.1%Newnew1 May 2024 (the filing on sec.gov)

Largest increases and reductions, by shares

Q4 2023 to Q1 2024, among managers that listed it in both quarters or opened it.

Increases

Reductions

New positions and exits

At least these many: a manager is shown exiting only where its own filing shows the position gone.

Ownership over time

Every quarter on file. A quarter-end value moves with the price as well as with the shares held; buyers and sellers count comparable managers, by shares.
23 in Q3 2024 to 15 in Q2 2026

Tracked managers listing it, at least.

01020302014201620182020202220242026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
NVO by quarter
QuarterHoldersReported valueBuyersSellers
Q2 20135$735mn.a.n.a.
Q3 20136$870mn.a.n.a.
Q4 20134$1.0bnn.a.n.a.
Q1 20145$1.3bnn.a.n.a.
Q2 20144$1.3bnn.a.n.a.
Q3 20144$1.3bnn.a.n.a.
Q4 20145$1.1bnn.a.n.a.
Q1 20154$1.3bnn.a.n.a.
Q2 20157$1.3bnn.a.n.a.
Q3 20156$1.3bnn.a.n.a.
Q4 20155$1.4bnn.a.n.a.
Q1 20168$1.3bnn.a.n.a.
Q2 20166$1.3bnn.a.n.a.
Q3 201614$1.2bnn.a.n.a.
Q4 201611$714mn.a.n.a.
Q1 201710$791mn.a.n.a.
Q2 20175$677mn.a.n.a.
Q3 20178$804mn.a.n.a.
Q4 20179$1.1bnn.a.n.a.
Q1 20188$1.0bnn.a.n.a.
Q2 201810$1.1bnn.a.n.a.
Q3 201810$1.2bnn.a.n.a.
Q4 201810$1.5bnn.a.n.a.
Q1 20199$1.7bnn.a.n.a.
Q2 201910$1.6bnn.a.n.a.
Q3 201910$1.8bnn.a.n.a.
Q4 201911$2.1bnn.a.n.a.
Q1 202010$2.2bnn.a.n.a.
Q2 20208$2.2bnn.a.n.a.
Q3 20207$2.2bnn.a.n.a.
Q4 20205$2.0bnn.a.n.a.
Q1 20214$1.8bnn.a.n.a.
Q2 20215$2.2bnn.a.n.a.
Q3 20217$2.4bnn.a.n.a.
Q4 20216$2.5bnn.a.n.a.
Q1 20227$2.4bnn.a.n.a.
Q2 202210$2.5bnn.a.n.a.
Q3 20227$1.8bnn.a.n.a.
Q4 202212$3.1bnn.a.n.a.
Q1 202314$3.8bnn.a.n.a.
Q2 202317$4.3bnn.a.n.a.
Q3 202320$5.6bnn.a.n.a.
Q4 202323$6.0bn148
Q1 202417$7.3bn712
Q2 202424$8.7bn157
Q3 202423$6.5bn1211
Q4 202421$4.3bn109
Q1 202518$2.8bn116
Q2 202515$2.4bn87
Q3 202515$1.6bn98
Q4 202512$1.6bn1915
Q1 202617$2.9bn2113
Q2 202615$3.0bn1318

Compare with…

Holders over time, buyers and sellers, and the managers holding both, side by side for up to four stocks.

NVO and LLY →NVO and JNJ →NVO and VRTX →Choose a stock to compare with NVO →

How much of the picture this is

A 13F is a manager’s long US-listed equity book at a quarter end, filed up to 45 days later. It shows no shorts, cash, bonds or performance, and it is never today’s portfolio. Large books are listed to their largest positions, so a manager missing from this table may still hold a small position below that line. These are 95 tracked managers, not the institutional market.

Which funds own NVO, latest filings →Back to the 13F Explorer →