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 | |
|---|---|---|---|---|---|---|
126
Synopsys
SNPS
$78.8B
| $775M | 0.15% |
1,687,602
+78,848
| +5% | +$35.3M |
|
127
Becton Dickinson
BDX
$48.9B
| $757M | 0.15% |
2,929,662
+100,938
| +4% | +$27.3M |
|
128
iShares Core S&P Small-Cap ETF
IJR
$112B
| $746M | 0.14% |
7,910,288
+185,199
| +2% | +$18.5M |
|
129
Micron Technology
MU
$972B
| $737M | 0.14% |
10,833,670
+80,345
| +0.7% | +$5.38M |
|
130
Blackstone
BX
$113B
| $737M | 0.14% |
6,877,288
+2,098,150
| +44% | +$218M |
|
131
T-Mobile US
TMUS
$191B
| $735M | 0.14% |
5,245,552
-277,616
| -5% | -$38.5M |
|
132
CME Group
CME
$94.8B
| $734M | 0.14% |
3,668,138
+172,264
| +5% | +$34.2M |
|
133
Boston Scientific
BSX
$73.1B
| $733M | 0.14% |
13,890,530
+531,914
| +4% | +$27.9M |
|
134
KLA
KLAC
$252B
| $733M | 0.14% |
15,986,770
+544,720
| +4% | +$26.1M |
|
135
Aon
AON
$75.7B
| $728M | 0.14% |
2,244,909
+18,500
| +0.8% | +$6.12M |
|
136
FlexShares Quality Dividend Index Fund
QDF
$2.27B
| $725M | 0.14% |
13,001,804
-441,021
| -3% | -$25.7M |
|
|
FISV
137
Fiserv Inc
FISV
$27.8B
| $725M | 0.14% |
6,416,853
+168,286
| +3% | +$20.7M |
|
|
ATVI
138
DELISTED
Activision Blizzard
ATVI
| $717M | 0.14% |
7,657,602
-411,023
| -5% | -$37.5M |
|
139
Cadence Design Systems
CDNS
$91.4B
| $702M | 0.14% |
2,995,849
+158,031
| +6% | +$37M |
|
140
Duke Energy
DUK
$94.5B
| $699M | 0.14% |
7,918,910
+144,612
| +2% | +$13.3M |
|
141
Altria Group
MO
$109B
| $698M | 0.14% |
16,609,568
+42,490
| +0.3% | +$1.88M |
|
142
Southern Company
SO
$105B
| $695M | 0.13% |
10,737,843
+163,986
| +2% | +$11.4M |
|
143
McKesson
MCK
$103B
| $694M | 0.13% |
1,595,162
+50,265
| +3% | +$21.2M |
|
144
Emerson Electric
EMR
$88.5B
| $692M | 0.13% |
7,167,611
+168,783
| +2% | +$16.1M |
|
145
PayPal
PYPL
$50.5B
| $688M | 0.13% |
11,767,054
+78,105
| +0.7% | +$5.09M |
|
146
Marathon Petroleum
MPC
$90B
| $685M | 0.13% |
4,526,814
+43,989
| +1% | +$6.13M |
|
147
State Street SPDR S&P Global Natural Resources ETF
GNR
$4.95B
| $677M | 0.13% |
12,142,148
+693,247
| +6% | +$38.7M |
|
148
Colgate-Palmolive
CL
$74.3B
| $672M | 0.13% |
9,452,931
+305,862
| +3% | +$22.9M |
|
149
Freeport-McMoran
FCX
$98.7B
| $662M | 0.13% |
17,756,034
+709,114
| +4% | +$28.6M |
|
150
iShares Russell 1000 ETF
IWB
$50.2B
| $660M | 0.13% |
2,811,172
-125,621
| -4% | -$30.8M |
|
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.