Institutional Capital’s Northern Trust NTRS Stock Holding History

Institutional Capital’s Portfolio NTRS Stock Details NTRS Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q3	–	Sell	-2,642,453	Closed	-$175M	–	55
2016 Q2	$175M	Sell	2,642,453 -1,741,893	-40%	-$121M	2.14%	24
2016 Q1	$286M	Sell	4,384,346 -683,017	-13%	-$42.8M	3.04%	17
2015 Q4	$365M	Sell	5,067,363 -188,825	-4%	-$13.6M	3.17%	15
2015 Q3	$358M	Sell	5,256,188 -355,977	-6%	-$26.1M	2.99%	14
2015 Q2	$429M	Sell	5,612,165 -1,044,473	-16%	-$77.8M	3%	18
2015 Q1	$464M	Buy	6,656,638 +92,265	+1%	+$6.3M	2.85%	18
2014 Q4	$442M	Buy	6,564,373 +1,051,692	+19%	+$70M	2.66%	16
2014 Q3	$375M	Buy	5,512,681 +4,102,412	+291%	+$276M	2.19%	23
2014 Q2	$90.6M	Buy	1,410,269 +176,367	+14%	+$10.9M	0.43%	38
2014 Q1	$80.9M	Buy	+1,233,902	New	+$76.6M	0.38%	39

Other funds holding NTRS

Wellington Management Group Boston, Massachusetts $535B AUM 26.23% 1-Year Est. Return

Northern Trust Chicago, Illinois $757B AUM 28.64% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

American Century Companies Kansas City, Missouri $194B AUM 35% 1-Year Est. Return

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

State Farm Mutual Automobile Insurance Bloomington, Illinois $127B AUM 32.55% 1-Year Est. Return

Institutional Capital's NTRS Position: Q3 2016 in Review

Institutional Capital sold out of Northern Trust (NTRS) in Q3 2016, closing a stake of 2,642,453 shares — an estimated $175M sold.

Institutional Capital first reported a position in NTRS in Q1 2014 and held it in 10 quarters. The position peaked at $464M in Q1 2015. 563 funds tracked by Wall St. Rank hold NTRS as of Q3 2016.

Institutional Capital reported no remaining Northern Trust position as of Q3 2016 after selling out during the quarter.
Institutional Capital sold 2,642,453 Northern Trust shares in Q3 2016, an estimated $175M.
Institutional Capital first reported a position in Northern Trust in Q1 2014 and held it in 10 quarters.
Institutional Capital's Northern Trust position peaked at $464M in Q1 2015.
563 funds tracked by Wall St. Rank held Northern Trust as of Q3 2016.

Based on Institutional Capital's 13F filing for Q3 2016, filed 10 Nov 2016.