# Novo-Nordisk (NVO): value investors who own it | moatshark

3 value investors held Novo-Nordisk in their Q3 2026 13F, led by Markel Group, Dodge & Cox, Horizon Kinetics.

## 13F holders

| Manager | Portfolio | Value | Change | Quarters held |
| --- | --- | --- | --- | --- |
| Markel Group | 1.1% | $138m | Unchanged | 53 |
| Dodge & Cox | 0.5% | $978m | Added +5.5% | 2 |
| Horizon Kinetics | 0.0% | $736k | Unchanged | 30 |
| Giverny Capital | 0.0% | $0k | Sold out | 23 |

## Fund holders

| Fund | Manager | Weight | Value | As at |
| --- | --- | --- | --- | --- |
| Dodge & Cox International Stock Fund | Dodge & Cox | 0.9% | $628m | 2026-06-30 |
| Dodge & Cox Global Stock Fund | Dodge & Cox | 0.6% | $77.4m | 2026-06-30 |

Source: SEC filings, via moatshark (https://www.moatshark.com/s/nvo). Values traded and returns are estimates. Not investment advice. Built 2026-10-21.