Murray Stahl’s NVO Holdings & Trades

First Buy
Q2 2013
Duration Held
50 Quarters
Largest Add
Q4 2013
+61,920 shares
Current Position
15,350 shares
$851,772 value

Murray Stahl's NVO Position Overview

Murray Stahl (via Horizon Kinetics Asset Management LLC) currently holds 15.4K shares of Novo Nordisk A/S (NVO) worth $851,772, representing 0.01% of the portfolio. First purchased in 2013-Q2, this long-term strategic position has been held for 50 quarters.

Based on 13F filings since 2013, Murray Stahl has maintained a long-term strategic position in NVO, representing a significant commitment to this investment thesis. Largest addition occurred in Q4 2013, adding 61.9K shares. Largest reduction occurred in Q1 2014, reducing 61.9K shares.

Analysis based on 13F filings available since 2013 Q2

Murray Stahl's Novo Nordisk A/S (NVO) Holding Value Over Time

Track share changes against reported price movement

Quarterly Novo Nordisk A/S (NVO) Trades by Murray Stahl

Period Bought/Sold (Sh.) % Change Qtr. End Shares Reported Price
Q2 2013 +15,490 Add 0.00% 15,480 $15.50
Q4 2013 +61,920 Add 400.00% 77,400 $3.70
Q1 2014 -61,920 Reduce 80.00% 15,480 $22.80
Q4 2014 +334 Add 2.16% 15,814 $21.18
Q1 2015 -334 Reduce 2.11% 15,480 $26.68
Q3 2015 +174 Add 1.12% 15,654 $27.15
Q1 2016 -80 Reduce 0.51% 15,574 $27.10
Q2 2016 -94 Reduce 0.60% 15,480 $26.87
Q3 2016 +94 Add 0.61% 15,574 $20.80
Q1 2017 -94 Reduce 0.60% 15,480 $17.12
Q1 2019 +15,482 Add 0.00% 15,480 $26.16
Q1 2024 -12 Reduce 0.08% 15,468 $128.40
Q3 2024 +250 Add 1.62% 15,718 $119.07
Q4 2024 -2 Reduce 0.01% 15,716 $86.02
Q2 2025 -118 Reduce 0.75% 15,598 $69.02
Q3 2025 -248 Reduce 1.59% 15,350 $55.49

Murray Stahl's Novo Nordisk A/S Investment FAQs

Murray Stahl first purchased Novo Nordisk A/S (NVO) in Q2 2013, acquiring 15,480 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.

Murray Stahl has held Novo Nordisk A/S (NVO) for 50 quarters since Q2 2013. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.

Murray Stahl's largest addition to Novo Nordisk A/S (NVO) was in Q4 2013, adding 77,400 shares worth $286,000. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.

According to the latest 13F filing for Q3 2025, Murray Stahl's firm, Horizon Kinetics Asset Management LLC, owns 15,350 shares of Novo Nordisk A/S (NVO), valued at approximately $851,772. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.

As of the Q3 2025 filing, Novo Nordisk A/S (NVO) represents approximately 0.01% of Murray Stahl's publicly disclosed stock portfolio, making it one of their key holdings. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.

Murray Stahl's peak holding in Novo Nordisk A/S (NVO) was 77,400 shares, as reported at the end of Q4 2013. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.