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 |
iShares MSCI Emerging Markets ETF
EEM
|
+$405M |
| 2 |
iShares Global Infrastructure ETF
IGF
|
+$193M |
| 3 |
Tesla
TSLA
|
+$193M |
| 4 |
FlexShares iBoxx 3-Year Target Duration TIPS Index Fund
TDTT
|
+$160M |
| 5 |
FlexShares STOXX Global Broad Infrastructure Index Fund
NFRA
|
+$123M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$588M |
| 2 |
FlexShares Global Upstream Natural Resources Index Fund
GUNR
|
+$427M |
| 3 |
Microsoft
MSFT
|
+$323M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$203M |
| 5 |
Chevron
CVX
|
+$183M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 21.79% |
| 2 | Healthcare | 14.03% |
| 3 | Financials | 12.1% |
| 4 | Consumer Discretionary | 10.35% |
| 5 | Industrials | 8.04% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Vanguard FTSE All-World ex-US ETF
VEU
$69.9B
| $840M | 0.19% |
18,933,567
-902,530
| -5% | -$44.7M |
|
102
Vertex Pharmaceuticals
VRTX
$133B
| $836M | 0.19% |
2,887,998
-48,936
| -2% | -$14.1M |
|
103
iShares Russell 1000 Growth ETF
IWF
$127B
| $836M | 0.19% |
15,891,772
-211,624
| -1% | -$12.4M |
|
104
Target
TGT
$69B
| $830M | 0.19% |
5,590,562
-311,076
| -5% | -$49.8M |
|
105
ServiceNow
NOW
$132B
| $821M | 0.19% |
10,871,655
-173,795
| -2% | -$15.7M |
|
106
Regeneron Pharmaceuticals
REGN
$83.2B
| $819M | 0.19% |
1,188,797
-10,365
| -0.9% | -$6.52M |
|
107
Southern Company
SO
$105B
| $809M | 0.18% |
11,898,693
+3,089
| +0% | +$234K |
|
108
3M
MMM
$93.9B
| $805M | 0.18% |
8,707,600
-145,582
| -2% | -$16M |
|
109
Chubb
CB
$134B
| $803M | 0.18% |
4,413,869
-33,157
| -0.7% | -$6.3M |
|
110
Crown Castle
CCI
$31.3B
| $796M | 0.18% |
5,509,041
-33,991
| -0.6% | -$5.82M |
|
111
Duke Energy
DUK
$94.5B
| $787M | 0.18% |
8,464,730
-16,936
| -0.2% | -$1.82M |
|
112
T-Mobile US
TMUS
$191B
| $774M | 0.18% |
5,771,636
+44,239
| +0.8% | +$6.21M |
|
113
Equinix
EQIX
$103B
| $763M | 0.17% |
1,340,657
-18,553
| -1% | -$12.1M |
|
114
US Bancorp
USB
$100B
| $755M | 0.17% |
18,720,059
+901,652
| +5% | +$41.7M |
|
115
VF Corp
VFC
$5.86B
| $744M | 0.17% |
24,883,918
-15,499
| -0.1% | -$669K |
|
116
Progressive
PGR
$124B
| $743M | 0.17% |
6,393,480
-75,185
| -1% | -$9.05M |
|
117
Public Storage
PSA
$60.8B
| $740M | 0.17% |
2,527,680
+87,786
| +4% | +$28.6M |
|
118
PNC Financial Services
PNC
$100B
| $740M | 0.17% |
4,950,740
-1,168
| -0% | -$189K |
|
119
EOG Resources
EOG
$74.6B
| $735M | 0.17% |
6,578,518
-191,828
| -3% | -$21.5M |
|
120
Eaton
ETN
$173B
| $724M | 0.17% |
5,425,524
-22,217
| -0.4% | -$3.11M |
|
121
Altria Group
MO
$109B
| $718M | 0.16% |
17,779,300
-441,221
| -2% | -$19.2M |
|
122
Colgate-Palmolive
CL
$74.3B
| $717M | 0.16% |
10,204,503
-101,166
| -1% | -$7.93M |
|
123
iShares Core S&P Mid-Cap ETF
IJH
$127B
| $713M | 0.16% |
16,255,410
+483,135
| +3% | +$23.4M |
|
124
Stryker
SYK
$133B
| $711M | 0.16% |
3,510,947
-5,754
| -0.2% | -$1.21M |
|
125
Truist Financial
TFC
$63.4B
| $708M | 0.16% |
16,256,080
+113,842
| +0.7% | +$5.48M |
|
Similar funds
Northern Trust's Q3 2022 Portfolio in Review
As of Q3 2022, Northern Trust held 4,838 positions worth $438B, down 6.2% from $467B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Trading was light in Q3 2022: portfolio turnover was 4.4%. Northern Trust opened 89 new positions and exited 125, leaving the 4,838-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 22% of assets, down from 22% a quarter earlier, followed by Healthcare and Financials.
- Northern Trust's largest Q3 2022 buy was Haleon: 2,056,623 shares worth $12.5M.
- Northern Trust added most to iShares MSCI Emerging Markets ETF in Q3 2022, an estimated $405M increase.
- Northern Trust's biggest Q3 2022 reduction was Apple, cutting an estimated $588M.
- Northern Trust fully exited CDK Global, Inc. in Q3 2022, selling an estimated $95.8M.
- Northern Trust's ten largest holdings make up 21% of its $438B portfolio in Q3 2022.
- Northern Trust opened 89 new positions and closed 125 in Q3 2022.
- Northern Trust's portfolio value fell 6.2% quarter-over-quarter to $438B.
Based on Northern Trust's 13F filing for Q3 2022, filed 14 Nov 2022.