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 | |
|---|---|---|---|---|---|---|
151
Estee Lauder
EL
$31.5B
| $564M | 0.13% |
2,614,347
-37,210
| -1% | -$9.5M |
|
152
Lam Research
LRCX
$383B
| $561M | 0.13% |
15,314,820
-261,410
| -2% | -$11.6M |
|
|
PXD
153
DELISTED
Pioneer Natural Resource Co.
PXD
| $559M | 0.13% |
2,581,592
+14,914
| +0.6% | +$3.41M |
|
154
Micron Technology
MU
$972B
| $559M | 0.13% |
11,153,598
-166,368
| -1% | -$9.65M |
|
155
iShares Russell Mid-Cap ETF
IWR
$57.5B
| $558M | 0.13% |
8,983,629
-193,793
| -2% | -$13.3M |
|
156
Northern Trust
NTRS
$34.4B
| $557M | 0.13% |
6,508,722
+441,643
| +7% | +$42.6M |
|
157
SLB Ltd
SLB
$78.9B
| $549M | 0.13% |
15,306,313
+155,950
| +1% | +$5.65M |
|
158
McKesson
MCK
$103B
| $543M | 0.12% |
1,596,803
-47,282
| -3% | -$16.4M |
|
159
Edwards Lifesciences
EW
$53B
| $537M | 0.12% |
6,499,635
-89,395
| -1% | -$8.6M |
|
160
Boston Scientific
BSX
$73.1B
| $536M | 0.12% |
13,840,487
-90,940
| -0.7% | -$3.65M |
|
161
Sherwin-Williams
SHW
$88.1B
| $535M | 0.12% |
2,612,223
-57,398
| -2% | -$13.6M |
|
162
Paychex
PAYX
$43.1B
| $531M | 0.12% |
4,728,943
-57,238
| -1% | -$7.09M |
|
163
O'Reilly Automotive
ORLY
$75.3B
| $527M | 0.12% |
11,249,130
-418,500
| -4% | -$19.5M |
|
164
Fidelity National Information Services
FIS
$21.9B
| $519M | 0.12% |
6,872,566
+31,013
| +0.5% | +$2.89M |
|
165
Freeport-McMoran
FCX
$98.7B
| $515M | 0.12% |
18,859,206
+1,138,197
| +6% | +$33.3M |
|
166
KLA
KLAC
$252B
| $512M | 0.12% |
16,908,730
-391,180
| -2% | -$13.5M |
|
167
Synopsys
SNPS
$78.8B
| $510M | 0.12% |
1,669,743
-22,685
| -1% | -$7.68M |
|
168
General Dynamics
GD
$107B
| $508M | 0.12% |
2,393,509
-36,527
| -2% | -$8.25M |
|
169
Autodesk
ADSK
$54.1B
| $507M | 0.12% |
2,714,939
-54,211
| -2% | -$11M |
|
170
Agilent Technologies
A
$42B
| $506M | 0.12% |
4,165,856
-49,138
| -1% | -$6.31M |
|
171
iShares Russell 1000 ETF
IWB
$50.2B
| $502M | 0.11% |
2,542,824
-21,974
| -0.9% | -$4.82M |
|
172
Marathon Petroleum
MPC
$90B
| $499M | 0.11% |
5,020,318
-336,648
| -6% | -$31.5M |
|
173
Cadence Design Systems
CDNS
$91.4B
| $493M | 0.11% |
3,014,816
-56,619
| -2% | -$9.74M |
|
174
AutoZone
AZO
$50.1B
| $486M | 0.11% |
226,751
-7,949
| -3% | -$17.3M |
|
175
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$27B
| $484M | 0.11% |
1,205,659
-30,905
| -2% | -$13.7M |
|
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.