Novo Holdings A/S — 13F Holdings

2026 Q1  ·  25 Positions

2026 Q1 Portfolio Activity

In 2026 Q1, Novo Holdings A/S maintained a portfolio of 25 distinct positions. The most significant new addition was XENON PHARMACEUTICALS INC, now representing 2.29% of the total fund value. They heavily accumulated shares in BRIDGEBIO ONCOLOGY THERAPEUT, increasing the position by 11.5%. Conversely, Novo Holdings A/S completely exited their position in ZENAS BIOPHARMA INC.
Position History hover any row below to update
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Novo Holdings A/S Hellerup, Denmark Investment Holding Company AUM $1,234M
PCA Score Concentration Risk
Risk ENB
Total Positions
25
Quarter
2026 Q1
Top Holding
EWTX (13.7%)
Top 10 Concentration
73.9%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-25 of 25

Novo Holdings A/S Full Holdings List — 2026 Q1

Stock History Sector / Type Port % Prev % Rank / Prev Conviction
Freshness
Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
EWTX
EDGEWISE THERAP...
Healthcare 13.65% 10.31% #1 1
Prev: #2
7.0
no change no change
P
S
5,350,000 $168,525,000 2021 Q1 13F Filing 2026-03-31 2026-05-15
BN
BROOKFIELD CORP
Financial Services 11.46% 12.46% #2 1
Prev: #1
6.5
no change no change
P
S
3,496,245 $141,493,035 2023 Q3 13F Filing 2026-03-31 2026-05-15
ASML
ASML HOLDING N ...
Technology 10.16% 9.47% #3
Prev: #3
5.5
-19,000 -16.7%
P
S
94,946 $125,407,525 2022 Q1 13F Filing 2026-03-31 2026-05-15
MIRM
MIRUM PHARMACEU...
Healthcare 9.92% 7.75% #4
Prev: #4
5.0
60,972 4.8%
P
S
1,325,000 $122,403,500 2019 Q3 13F Filing 2026-03-31 2026-05-15
MPLT
MAPLIGHT THERAP...
Healthcare 6.07% 5.03% #5 3
Prev: #8
3.9
no change no change
P
S
3,686,622 $74,949,025 2025 Q4 13F Filing 2026-03-31 2026-05-15
CRM
SALESFORCE INC
Technology 5.95% 6.79% #6 1
Prev: #5
4.4
63,000 19.1%
P
S
393,187 $73,396,217 2022 Q1 13F Filing 2026-03-31 2026-05-15
CRNX
CRINETICS PHARM...
Healthcare 4.56% 5.87% #7 1
Prev: #6
2.3
-75,000 -4.6%
P
S
1,550,000 $56,296,000 2018 Q3 13F Filing 2026-03-31 2026-05-15
ELVN
ENLIVEN THERAPE...
Healthcare 4.07% 1.77% #8 12
Prev: #20
2.1
-200,000 -13.5%
P
S
1,280,000 $50,176,000 2025 Q2 13F Filing 2026-03-31 2026-05-15
PCVX
VAXCYTE INC
Healthcare 4.05% 3.28% #9 3
Prev: #12
2.1
-56,160 -6.1%
P
S
860,000 $49,974,600 2020 Q2 13F Filing 2026-03-31 2026-05-15
PHVS
PHARVARIS N V
Healthcare 4.01% 3.77% #10
Prev: #10
2.6
no change no change
P
S
1,750,000 $49,437,500 2021 Q1 13F Filing 2026-03-31 2026-05-15
AVBP
ARRIVENT BIOPHA...
Healthcare 3.63% 3.03% #11 3
Prev: #14
2.5
no change no change
P
S
1,942,142 $44,805,216 2024 Q1 13F Filing 2026-03-31 2026-05-15
VRDN
VIRIDIAN THERAP...
Healthcare 3.17% 5.75% #12 5
Prev: #7
1.8
-380,000 -16.0%
P
S
2,000,000 $39,120,000 2024 Q1 13F Filing 2026-03-31 2026-05-15
CLDX
CELLDEX THERAPE...
Healthcare 3.08% 2.53% #13 4
Prev: #17
2.2
no change no change
P
S
1,200,000 $38,064,000 2024 Q2 13F Filing 2026-03-31 2026-05-15
APGE
APOGEE THERAPEU...
Healthcare 3.07% 3.34% #14 3
Prev: #11
1.2
-120,000 -21.1%
P
S
450,000 $37,876,500 2025 Q2 13F Filing 2026-03-31 2026-05-15
BMRN
BIOMARIN PHARMA...
Healthcare 3.02% 3.05% #15 2
Prev: #13
2.2
no change no change
P
S
660,000 $37,283,400 2022 Q2 13F Filing 2026-03-31 2026-05-15
FDMT
4D MOLECULAR TH...
Healthcare 2.75% 2.13% #16 2
Prev: #18
2.1
no change no change
P
S
3,650,737 $33,988,361 2023 Q1 13F Filing 2026-03-31 2026-05-15
BABA
ALIBABA GROUP H...
Consumer Cyclical 2.62% 2.93% #17 2
Prev: #15
2.0
no change no change
P
S
257,327 $32,284,245 2021 Q1 13F Filing 2026-03-31 2026-05-15
XENE
XENON PHARMACEU...
Healthcare 2.29% #18
Prev: #—
4.4
485,438
NEW
485,438 $28,228,220 2014 Q4 13F Filing 2026-03-31 2026-05-15
BBOT
BRIDGEBIO ONCOL...
Healthcare 1.59% 1.91% #19
Prev: #19
2.6
224,606 11.5%
P
S
2,185,923 $19,564,011 2025 Q3 13F Filing 2026-03-31 2026-05-15
VALN
VALNEVA SE
Healthcare 0.54% 1.58% #20 1
Prev: #21
0.2
-1,247,579 -54.1%
P
S
1,057,421 $6,608,881 2025 Q2 13F Filing 2026-03-31 2026-05-15
LNZA
LANZATECH GLOBA...
Industrials 0.21% 0.17% #21 1
Prev: #22
1.1
no change no change
P
S
158,148 $2,531,949 2023 Q1 13F Filing 2026-03-31 2026-05-15
MQ
MARQETA INC
Technology 0.15% 0.16% #22 1
Prev: #23
1.1
no change no change
P
S
441,558 $1,801,557 2021 Q4 13F Filing 2026-03-31 2026-05-15
IOBT
IO BIOTECH INC
Healthcare 0.00% 0.12%
Sold All 😨
(Was: #24)
0.0
-2,512,453 -100.0%
CLOSED
$— 2021 Q4 13F Filing 2026-03-31 2026-05-15
INSM
INSMED INC
Healthcare 0.00% 2.70%
Sold All 😨
(Was: #16)
0.0
-200,000 -100.0%
CLOSED
$— 2020 Q2 13F Filing 2026-03-31 2026-05-15
ZBIO
ZENAS BIOPHARMA...
Healthcare 0.00% 4.09%
Sold All 😨
(Was: #9)
0.0
-1,450,000 -100.0%
CLOSED
$— 2024 Q3 13F Filing 2026-03-31 2026-05-15
Showing 1-25 of 25 holdings

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