Novo Nordisk A/S - Depositary Receipt (Common Stock)
DE ˙ DB ˙ US6701002056
36,72 € ↓ -1,56 (-4,08%)
2026-06-02
AKTIENPREIS
SecurityDE:NOVA / Novo Nordisk A/S - Depositary Receipt (Common Stock)
InstitutionBaird Financial Group, Inc.
Latest Disclosed Ownership320,799 shares
Latest Disclosed Value $ 11,789,345
Baird Financial Group, Inc. reports 83.36% decrease in ownership of NOVA / Novo Nordisk A/S - Depositary Receipt (Common Stock)

On May 14, 2026 - Baird Financial Group, Inc. filed a 13F-HR form disclosing ownership of 320,799 shares of Novo Nordisk A/S - Depositary Receipt (Common Stock) (DE:NOVA) valued at $10,121,208 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 13, 2026 disclosing 1,927,532 shares of Novo Nordisk A/S - Depositary Receipt (Common Stock). This represents a change in shares of -83.36% during the quarter. The current value of the position is $11,779,739 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-14 2026-03-31 13F NOVO NORDISK A S ADR 670100205 320,799 -1,606,733 -83.36 11,789 -87.98 0.0099
2026-02-13 2025-12-31 13F NOVO-NORDISK A S ADR FOREIGN 670100205 1,927,532 132,098 7.36 98,073 -1.56 0.1529
2025-11-13 2025-09-30 13F NOVO NORDISK A.S. ADR FOREIGN 670100205 1,795,434 318,761 21.59 99,629 -2.25 0.1602
2025-08-13 2025-06-30 13F NOVONORDISK A S ADR COMMON 670100205 1,476,673 441,034 42.59 101,920 41.72 0.1787
2025-05-15 2025-03-31 13F NOVO-NORDISK A S ADR FOREIGN 670100205 1,035,639 169,762 19.61 71,915 -3.45 0.1385
2025-02-14 2024-12-31 13F NOVONORDISK A S ADR FOREIGN 670100205 865,877 3,283 0.38 74,483 -27.48 0.1424
2024-11-14 2024-09-30 13F NOVO NORDISK A.S. ADR COMMON 670100205 862,594 31,858 3.83 102,709 -13.38 0.1995
2024-08-14 2024-06-30 13F NOVONORDISK A S ADR FOREIGN 670100205 830,736 -65,276 -7.29 118,579 3.07 0.2460
2024-05-14 2024-03-31 13F NOVO-NORDISK A S ADR FOREIGN 670100205 896,012 42,733 5.01 115,048 30.33 0.2412
2024-02-14 2023-12-31 13F NOVO-NORDISK A S ADR FOREIGN 670100205 853,279 55,024 6.89 88,272 21.60 0.2012
2023-11-13 2023-09-30 13F NOVO-NORDISK A S ADR FOREIGN 670100205 798,255 373,057 87.74 72,593 5.50 0.1980
2023-08-11 2023-06-30 13F NOVO-NORDISK A S ADR FOREIGN 670100205 425,198 -20,333 -4.56 68,810 -2.95 0.1816
2023-05-15 2023-03-31 13F NOVO-NORDISK A S ADR FOREIGN 670100205 445,531 3,227 0.73 70,901 120,071.19 0.1749
2023-02-13 2022-12-31 13F NOVO-NORDISK A S ADR FOREIGN 670100205 442,304 -101,544 -18.67 60 -99.89 0.1576
2022-11-15 2022-09-30 13F NOVO-NORDISK A S ADR FOREIGN 670100205 543,848 14,440 2.73 54,183 -8.15 0.1596
2022-08-08 2022-06-30 13F NOVO NORDISK AS ADR COMMON 670100205 529,408 -36,345 -6.42 58,992 -6.10 0.1638
2022-05-13 2022-03-31 13F NOVO-NORDISK A S ADR FOREIGN 670100205 565,753 7,721 1.38 62,827 0.52 0.1552
2022-02-09 2021-12-31 13F NOVO-NORDISK A S ADR FOREIGN 670100205 558,032 4,058 0.73 62,500 17.51 0.1461
2021-11-12 2021-09-30 13F NOVO-NORDISK A S ADR FOREIGN 670100205 553,974 -69,122 -11.09 53,187 1.90 0.1360
2021-08-11 2021-06-30 13F NOVO-NORDISK A S ADR FOREIGN 670100205 623,096 -2,831 -0.45 52,197 23.69 0.1357
2021-05-13 2021-03-31 13F NOVO NORDISK A S ADR COMMON 670100205 625,927 6,301 1.02 42,200 -2.50 0.1184
2021-02-11 2020-12-31 13F NOVO NORDISK A S ADR COMMON 670100205 619,626 -8,225 -1.31 43,281 -0.71 0.1294
2020-11-12 2020-09-30 13F NOVO NORDISK A S ADR COMMON 670100205 627,851 1,290 0.21 43,592 525.33 0.1494
2020-10-22 2020-06-30 13F/A-1 NOVO NORDISK A S ADR COMMON 670100205 626,561 -10,122 -1.59 6,971 -81.81 0.0263
2020-08-14 2020-06-30 13F NOVO NORDISK A S ADR COMMON 670100205 635,238 -1,445 6,710 13,297.6955
2020-05-14 2020-03-31 13F NOVO NORDISK A S ADR COMMON 670100205 636,683 -85,150 -11.80 38,329 -8.26 0.1750
2020-02-14 2019-12-31 13F NOVO NORDISK A S ADR COMMON 670100205 721,833 9,937 1.40 41,780 595.17 0.1500
2019-11-14 2019-09-30 13F NOVO NORDISK A S ADR Common 670100205 711,896 -2,197 -0.31 6,010 -83.51 0.0237
2019-08-14 2019-06-30 13F NOVO NORDISK A S ADR COMMON 670100205 714,093 -162,787 -18.56 36,448 -20.54 0.1417
2019-05-14 2019-03-31 13F NOVO-NORDISK A S ADR FOREIGN 670100205 876,880 -4,847 -0.55 45,870 12.92 0.2682
2019-02-14 2018-12-31 13F NOVO-NORDISK A S ADR FOREIGN 670100205 881,727 -23,857 -2.63 40,622 -4.47 0.2757
2018-11-13 2018-09-30 13F NOVO-NORDISK A S ADR FOREIGN 670100205 905,584 136,721 17.78 42,524 19.93 0.2664
2018-08-13 2018-06-30 13F NOVO-NORDISK A S ADR FOREIGN 670100205 768,863 -48,805 -5.97 35,457 -11.95 0.2407
2018-05-14 2018-03-31 13F NOVO-NORDISK A S ADR FOREIGN 670100205 817,668 -18,607 -2.22 40,271 -10.28 0.2835
2018-02-09 2017-12-31 13F NOVO-NORDISK A S ADR FOREIGN 670100205 836,275 107,143 14.69 44,883 27.84 0.3179
2017-11-14 2017-09-30 13F NOVO-NORDISK A S ADR FOREIGN 670100205 729,132 89,060 13.91 35,108 27.88 0.2648
2017-08-14 2017-06-30 13F NOVO-NORDISK A S ADR FOREIGN 670100205 640,072 110,983 20.98 27,453 51.36 0.2151
2017-06-19 2017-03-31 13F/A-1 NOVO-NORDISK A S ADR FOREIGN 670100205 529,089 -1,620 -0.31 18,137 -4.70 0.1467
2017-05-09 2017-03-31 13F NOVO-NORDISK A S ADR FOREIGN 670100205 529,089 18,137
2017-02-10 2016-12-31 13F NOVO-NORDISK A S ADR FOREIGN 670100205 530,709 -10,532 -1.95 19,031 -15.46 0.1652
2016-11-10 2016-09-30 13F NOVO-NORDISK A S ADR FOREIGN 670100205 541,241 -35,803 -6.20 22,511 -28.13 0.2016
2016-08-11 2016-06-30 13F NOVO-NORDISK A S ADR FOREIGN 670100205 577,044 -98,774 -14.62 31,320 -14.48 0.2872
2016-05-12 2016-03-31 13F NOVO-NORDISK A S ADR FOREIGN 670100205 675,818 465,544 221.40 36,623 199.87 0.3504
2016-02-11 2015-12-31 13F NOVO-NORDISK A S ADR FOREIGN 670100205 210,274 1,876 0.90 12,213 8.04 0.1222
2015-11-12 2015-09-30 13F NOVO-NORDISK A S ADR COMMON 670100205 208,398 -12,459 -5.64 11,304 -6.53 0.1202
2015-08-14 2015-06-30 13F NOVO-NORDISK A S ADR COMMON 670100205 220,857 220,857 12,094 0.1190
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.