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NOVO-NORDISK A S NVO

Novo Nordisk A/S, together with its subsidiaries, engages in the research and development, manufacture, and distribution of pharmaceutical products. It operates through two segments, Obesity and Diabetes Care, and Rare Disease. The Obesity and Diabetes care segment provides products for diabetes, obesity, cardiovascular, and other emerging therapy areas.

Company profile

Business mix

  • It operates through two segments, Obesity and Diabetes Care, and Rare Disease. The Obesity and Diabetes care segment provides products for diabetes, obesity, cardiovascular, and other emerging therapy areas.
  • The Rare Disease segment offers products in the areas of rare blood disorders, rare endocrine disorders, and hormone replacement therapy.
  • The company also provides NovoPen 6 and NovoPen Echo Plus, smart insulin pens; Dose Check, an insulin dose guidance application; growth hormone pens and injection needles.
  • It operates in Europe, Canada, the United States, Japan, Korea, Oceania, Southeast Asia, Mainland China, Hong Kong and Taiwan, Latin America, the Middle East, and Africa.

Current key questions

  • Can the company's products, services, or pipeline expand adoption within drug manufacturers - general?
  • How do reimbursement, regulation, clinical data, patents, and commercial execution affect growth?
  • Can margins and cash flow improve while funding research, manufacturing, or go-to-market investment?
Holders 1 Current sample portfolio
Public mentions 1 Videos / interviews / letters

Current firm holders

Firm Weight Value Filing period
Markel Group Tom Gayner 0.9% $105.5M 2026-03-31

Recent trading changes over the last 1 quarters

Net buyers 0 Last 1 13F filing periods
Net reducers 2 Last 1 13F filing periods
Unchanged holders 1 Share count unchanged
Increase amount $0 Estimated from net added shares
Reduction amount $144.4M Estimated from net reduced shares
Net share change / base shares -40.7% -2,092,237 / 5,140,680
Markel Group Tom Gayner 1 filing periods
13F 2026-03-31 Filed 2026-05-01
Unchanged Shares 0.0% 13F value change $0
Settlement As of 13F 2026-03-31 · Filed 2026-05-01
Base shares 2,869,774 Last 1 periods +0 (0.0%) Total shares 2,869,774 Value $105.5M
Tiger Global Management Chase Coleman 1 filing periods
13F 2025-09-30 Filed 2025-11-14
Sold out Shares -100.0% 13F value change -$87.6M
Settlement As of 13F 2025-09-30 · Filed 2025-11-14
Base shares 1,269,000 Last 1 periods -1,269,000 (-100.0%) Total shares 0 Value $0
Polen Capital Management 1 filing periods
13F 2025-06-30 Filed 2025-08-13
Major reduction Shares -82.2% 13F value change -$57.2M
Settlement As of 13F 2025-06-30 · Filed 2025-08-13
Base shares 1,001,906 Last 1 periods -823,237 (-82.2%) Total shares 178,669 Value $12.3M

Recent mentions

Fundsmith Equity Fund 2023 Annual Letter

Fundsmith · Terry Smith

The 2023 annual letter discusses contributions from Meta, Microsoft, Novo Nordisk and others, and re-elaborates Fundsmith's three-step strategy: buy good companies, don't pay too much, and do nothing.

Shareholder letter / fund letter

Mentioned by firms