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 Core US Aggregate Bond ETF
AGG
|
+$416M |
| 2 |
iShares Core S&P 500 ETF
IVV
|
+$356M |
| 3 |
iShares MSCI ACWI ETF
ACWI
|
+$200M |
| 4 |
Q
Qnity Electronics Inc
Q
|
+$196M |
| 5 |
Vanguard FTSE Developed Markets ETF
VEA
|
+$183M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.07B |
| 2 |
NVIDIA
NVDA
|
+$1.05B |
| 3 |
Microsoft
MSFT
|
+$694M |
| 4 |
Amazon
AMZN
|
+$528M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$390M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 30.02% |
| 2 | Financials | 12.19% |
| 3 | Consumer Discretionary | 9.19% |
| 4 | Healthcare | 9.17% |
| 5 | Communication Services | 9.15% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
151
PNC Financial Services
PNC
$100B
| $886M | 0.11% |
4,246,577
-79,660
| -2% | -$15.4M |
|
152
US Bancorp
USB
$100B
| $871M | 0.11% |
16,320,174
-118,600
| -0.7% | -$5.83M |
|
153
Cummins
CMI
$87.4B
| $869M | 0.11% |
1,701,610
-25,657
| -1% | -$12M |
|
154
Duke Energy
DUK
$94.5B
| $861M | 0.11% |
7,349,486
-409,214
| -5% | -$50M |
|
155
Moody's
MCO
$82.8B
| $861M | 0.11% |
1,685,201
-22,600
| -1% | -$11M |
|
156
Spotify
SPOT
$105B
| $858M | 0.11% |
1,476,750
-59,546
| -4% | -$37.2M |
|
157
Southern Company
SO
$105B
| $857M | 0.11% |
9,823,850
-748,643
| -7% | -$68.3M |
|
158
Emerson Electric
EMR
$88.5B
| $855M | 0.11% |
6,439,838
-128,142
| -2% | -$17M |
|
159
Sherwin-Williams
SHW
$88.1B
| $852M | 0.11% |
2,630,253
-573
| -0% | -$192K |
|
160
Waste Management
WM
$90.6B
| $849M | 0.11% |
3,862,278
-92,241
| -2% | -$19.7M |
|
161
O'Reilly Automotive
ORLY
$75.3B
| $831M | 0.11% |
9,108,521
-236,611
| -3% | -$23.1M |
|
162
HCA Healthcare
HCA
$89.6B
| $823M | 0.1% |
1,763,267
-55,892
| -3% | -$25.9M |
|
163
Nike
NKE
$62.5B
| $823M | 0.1% |
12,912,429
-1,015,101
| -7% | -$66.2M |
|
164
Williams Companies
WMB
$87.9B
| $812M | 0.1% |
13,514,542
-950,756
| -7% | -$57.5M |
|
165
Corning
GLW
$136B
| $801M | 0.1% |
9,151,823
-635,958
| -6% | -$54.8M |
|
166
Johnson Controls International
JCI
$91.3B
| $793M | 0.1% |
6,623,933
-283,354
| -4% | -$32.5M |
|
167
State Street SPDR S&P Global Natural Resources ETF
GNR
$4.95B
| $793M | 0.1% |
12,760,196
-261,023
| -2% | -$15.7M |
|
168
ASML
ASML
$666B
| $791M | 0.1% |
739,787
+11,923
| +2% | +$12.4M |
|
169
Corteva
CTVA
$51B
| $786M | 0.1% |
11,731,834
+562,550
| +5% | +$36.4M |
|
170
Elevance Health
ELV
$86.2B
| $782M | 0.1% |
2,231,428
-46,221
| -2% | -$15.6M |
|
171
Mondelez International
MDLZ
$78.5B
| $778M | 0.1% |
14,452,745
-775,872
| -5% | -$44.7M |
|
172
Norfolk Southern
NSC
$75B
| $777M | 0.1% |
2,692,363
-52,309
| -2% | -$15.1M |
|
173
Northern Trust
NTRS
$34.4B
| $776M | 0.1% |
5,679,312
-106,670
| -2% | -$14M |
|
174
Vanguard Tax-Exempt Bond Index Fund
VTEB
$46B
| $772M | 0.1% |
15,349,478
-129,707
| -0.8% | -$6.53M |
|
175
iShares ESG Aware MSCI USA ETF
ESGU
$18.4B
| $769M | 0.1% |
5,159,275
+7,816
| +0.2% | +$1.16M |
|
Similar funds
Northern Trust's Q4 2025 Portfolio in Review
As of Q4 2025, Northern Trust held 4,578 positions worth $784B, up 0.34% from $782B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Northern Trust's Q4 2025 filing shows 156 new, 1,197 increased, 2,921 reduced and 129 closed positions. Its largest new stake was Qnity Electronics Inc: 2,302,319 shares worth $188M. The largest sale was Apple, an estimated $1.07B.
By sector, the portfolio is most concentrated in Technology at 30% of assets, down from 30% a quarter earlier, followed by Financials and Consumer Discretionary.
- Northern Trust's largest Q4 2025 buy was Qnity Electronics Inc: 2,302,319 shares worth $188M.
- Northern Trust added most to iShares Core US Aggregate Bond ETF in Q4 2025, an estimated $416M increase.
- Northern Trust's biggest Q4 2025 reduction was Apple, cutting an estimated $1.07B.
- Northern Trust fully exited Kellanova in Q4 2025, selling an estimated $285M.
- Northern Trust's ten largest holdings make up 31% of its $784B portfolio in Q4 2025.
- Northern Trust opened 156 new positions and closed 129 in Q4 2025.
- Northern Trust's portfolio value rose 0.34% quarter-over-quarter to $784B.
Based on Northern Trust's 13F filing for Q4 2025, filed 17 Feb 2026.