Northern Trust Portfolio holdings
Northern Trust Corporation, founded in 1889 and headquartered in Chicago, Illinois, is a prominent financial services firm specializing in wealth management, asset management, and asset servicing for high-net-worth individuals, families, and institutions. Known for its conservative and client-focused approach, it manages hundreds of billions in assets, offering trust and custody services, investment solutions, and banking products tailored to affluent clients and organizations like foundations and endowments. The company has built a reputation for reliability and discretion, serving as a custodian for a significant portion of global institutional assets while maintaining a strong presence in private banking.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$823M |
| 2 |
Apple
AAPL
|
+$796M |
| 3 |
Amazon
AMZN
|
+$437M |
| 4 |
NVIDIA
NVDA
|
+$408M |
| 5 |
Kenvue
KVUE
|
+$367M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI Emerging Markets ETF
EEM
|
+$434M |
| 2 |
Johnson & Johnson
JNJ
|
+$135M |
| 3 |
LSI
Life Storage, Inc.
LSI
|
+$128M |
| 4 |
BKI
Black Knight, Inc. Common Stock
BKI
|
+$75.9M |
| 5 |
WWE
World Wrestling Entertainment
WWE
|
+$68.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 24.81% |
| 2 | Healthcare | 12.27% |
| 3 | Financials | 11.08% |
| 4 | Consumer Discretionary | 9.71% |
| 5 | Industrials | 8.18% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
301
State Street
STT
$51.3B
| $310M | 0.06% |
4,624,813
+180,093
| +4% | +$12.7M |
|
302
Mettler-Toledo International
MTD
$28.6B
| $309M | 0.06% |
279,146
+3,371
| +1% | +$4.13M |
|
303
PPG Industries
PPG
$25.7B
| $308M | 0.06% |
2,374,093
+117,526
| +5% | +$16.5M |
|
304
eBay
EBAY
$47.9B
| $308M | 0.06% |
6,979,291
+209,695
| +3% | +$9.35M |
|
305
Moderna
MRNA
$23.9B
| $307M | 0.06% |
2,971,056
+55,177
| +2% | +$6.15M |
|
306
FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund
TLTD
$686M
| $307M | 0.06% |
4,905,427
-193,866
| -4% | -$12.6M |
|
307
Kraft Heinz
KHC
$29.6B
| $307M | 0.06% |
9,120,015
+324,450
| +4% | +$11.2M |
|
308
CBRE Group
CBRE
$41.7B
| $306M | 0.06% |
4,141,955
+174,362
| +4% | +$14.5M |
|
309
lululemon athletica
LULU
$14.5B
| $304M | 0.06% |
788,067
+98,106
| +14% | +$37.5M |
|
310
TSMC
TSM
$2.17T
| $303M | 0.06% |
3,490,630
+1,068,723
| +44% | +$101M |
|
311
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$32.6B
| $303M | 0.06% |
2,971,224
+690,951
| +30% | +$72.9M |
|
312
West Pharmaceutical
WST
$24.8B
| $302M | 0.06% |
806,103
+33,867
| +4% | +$13.1M |
|
313
United Rentals
URI
$70.8B
| $302M | 0.06% |
680,217
+10,018
| +1% | +$4.59M |
|
314
Marvell Technology
MRVL
$187B
| $301M | 0.06% |
5,557,215
+116,337
| +2% | +$6.87M |
|
315
Bunge Global
BG
$21.6B
| $299M | 0.06% |
2,763,072
+75,936
| +3% | +$8.32M |
|
316
Zimmer Biomet
ZBH
$18.7B
| $298M | 0.06% |
2,653,334
+113,139
| +4% | +$14.4M |
|
317
CoStar Group
CSGP
$12.8B
| $295M | 0.06% |
3,835,126
+92,169
| +2% | +$7.64M |
|
318
PG&E
PCG
$37.5B
| $295M | 0.06% |
18,270,915
+3,258,363
| +22% | +$56M |
|
319
Dimensional US Small Cap ETF
DFAS
$15.7B
| $295M | 0.06% |
5,613,616
-17,077
| -0.3% | -$941K |
|
320
iShares ESG Aware MSCI EAFE ETF
ESGD
$12.2B
| $290M | 0.06% |
4,200,922
+129,179
| +3% | +$9.3M |
|
321
Cardinal Health
CAH
$55.5B
| $290M | 0.06% |
3,340,547
+28,412
| +0.9% | +$2.57M |
|
322
Fortive
FTV
$18.6B
| $288M | 0.06% |
5,157,935
+113,538
| +2% | +$6.53M |
|
323
Snowflake
SNOW
$116B
| $288M | 0.06% |
1,882,281
+95,814
| +5% | +$15.6M |
|
324
GE HealthCare
GEHC
$32.9B
| $286M | 0.06% |
4,205,506
+342,040
| +9% | +$24.9M |
|
|
VMW
325
DELISTED
VMware, Inc
VMW
| $285M | 0.06% |
1,710,910
+116,855
| +7% | +$18.7M |
|
Similar funds
Northern Trust's Q3 2023 Portfolio in Review
As of Q3 2023, Northern Trust held 4,620 positions worth $516B, down 0.79% from $520B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Northern Trust's Q3 2023 filing shows 87 new, 2,316 increased, 1,712 reduced and 155 closed positions. Its largest new stake was TKO Group: 634,416 shares worth $53.3M. The largest sale was iShares MSCI Emerging Markets ETF, an estimated $434M.
By sector, the portfolio is most concentrated in Technology at 25% of assets, down from 25% a quarter earlier, followed by Healthcare and Financials.
- Northern Trust's largest Q3 2023 buy was TKO Group: 634,416 shares worth $53.3M.
- Northern Trust added most to Microsoft in Q3 2023, an estimated $823M increase.
- Northern Trust's biggest Q3 2023 reduction was iShares MSCI Emerging Markets ETF, cutting an estimated $434M.
- Northern Trust fully exited Life Storage, Inc. in Q3 2023, selling an estimated $128M.
- Northern Trust's ten largest holdings make up 23% of its $516B portfolio in Q3 2023.
- Northern Trust opened 87 new positions and closed 155 in Q3 2023.
- Northern Trust's portfolio value fell 0.79% quarter-over-quarter to $516B.
Based on Northern Trust's 13F filing for Q3 2023, filed 13 Nov 2023.