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 | |
|---|---|---|---|---|---|---|
101
RTX Corp
RTX
$302B
| $988M | 0.19% |
13,726,154
+256,215
| +2% | +$21.9M |
|
102
Vertex Pharmaceuticals
VRTX
$133B
| $978M | 0.19% |
2,813,563
+131,539
| +5% | +$46M |
|
103
Lockheed Martin
LMT
$139B
| $977M | 0.19% |
2,388,377
+91,109
| +4% | +$40.4M |
|
104
Stryker
SYK
$133B
| $958M | 0.19% |
3,505,595
+131,590
| +4% | +$37.7M |
|
105
Lam Research
LRCX
$383B
| $955M | 0.18% |
15,232,150
+1,345,580
| +10% | +$88.4M |
|
106
Boeing
BA
$184B
| $949M | 0.18% |
4,951,181
+153,168
| +3% | +$33.5M |
|
107
iShares Global Infrastructure ETF
IGF
$10.6B
| $948M | 0.18% |
21,898,678
-29,601
| -0.1% | -$1.36M |
|
108
FlexShares High Yield Value-Scored Bond Index Fund
HYGV
$1.1B
| $944M | 0.18% |
23,741,392
+2,418,454
| +11% | +$97.2M |
|
109
Cigna
CI
$73.6B
| $928M | 0.18% |
3,244,157
+181,385
| +6% | +$51.7M |
|
110
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$23.3B
| $899M | 0.17% |
18,045,825
+1,353,695
| +8% | +$67.7M |
|
111
American Tower
AMT
$78.8B
| $898M | 0.17% |
5,461,366
+22,661
| +0.4% | +$4.14M |
|
112
iShares Core S&P Mid-Cap ETF
IJH
$127B
| $897M | 0.17% |
17,986,955
+268,500
| +2% | +$14.1M |
|
113
Vanguard FTSE All-World ex-US ETF
VEU
$69.9B
| $884M | 0.17% |
17,040,974
-348,424
| -2% | -$18.9M |
|
114
Chubb
CB
$134B
| $879M | 0.17% |
4,221,419
+93,885
| +2% | +$19M |
|
115
Regeneron Pharmaceuticals
REGN
$83.2B
| $878M | 0.17% |
1,067,210
+34,326
| +3% | +$27M |
|
116
FlexShares Ultra-Short Income Fund
RAVI
$1.5B
| $872M | 0.17% |
11,608,070
+846,868
| +8% | +$63.5M |
|
117
Vanguard FTSE Emerging Markets ETF
VWO
$126B
| $868M | 0.17% |
22,139,599
-154,438
| -0.7% | -$6.3M |
|
118
Equinix
EQIX
$103B
| $863M | 0.17% |
1,187,990
+20,241
| +2% | +$15.7M |
|
|
SCHW
119
Charles Schwab
SCHW
$188B
| $854M | 0.17% |
15,550,474
+356,112
| +2% | +$21.5M |
|
120
Progressive
PGR
$124B
| $833M | 0.16% |
5,982,841
+162,916
| +3% | +$21.4M |
|
121
Intercontinental Exchange
ICE
$84.5B
| $833M | 0.16% |
7,567,921
+282,963
| +4% | +$32.4M |
|
122
SLB Ltd
SLB
$78.9B
| $831M | 0.16% |
14,260,770
-101,143
| -0.7% | -$5.87M |
|
123
Citigroup
C
$227B
| $825M | 0.16% |
20,051,311
+232,652
| +1% | +$10.2M |
|
124
Palo Alto Networks
PANW
$314B
| $804M | 0.16% |
6,860,598
+173,990
| +3% | +$20.6M |
|
125
EOG Resources
EOG
$74.6B
| $794M | 0.15% |
6,260,706
+185,882
| +3% | +$23.7M |
|
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.