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 | |
|---|---|---|---|---|---|---|
176
Northrop Grumman
NOC
$82.1B
| $548M | 0.11% |
1,244,324
+79,263
| +7% | +$34.8M |
|
177
Welltower
WELL
$169B
| $542M | 0.1% |
6,612,701
+118,656
| +2% | +$9.76M |
|
178
AutoZone
AZO
$50.1B
| $539M | 0.1% |
212,376
+1,516
| +0.7% | +$3.8M |
|
179
iShares Russell 1000 Value ETF
IWD
$84.2B
| $537M | 0.1% |
3,537,787
-122,799
| -3% | -$19.5M |
|
180
Vanguard Tax-Exempt Bond Index Fund
VTEB
$46B
| $531M | 0.1% |
11,048,485
+984,347
| +10% | +$48.8M |
|
181
HCA Healthcare
HCA
$89.6B
| $529M | 0.1% |
2,152,419
+67,332
| +3% | +$18.4M |
|
182
Autodesk
ADSK
$54.1B
| $527M | 0.1% |
2,548,156
+43,293
| +2% | +$9.1M |
|
183
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$27B
| $527M | 0.1% |
1,154,175
-11,538
| -1% | -$5.53M |
|
184
Moody's
MCO
$82.8B
| $525M | 0.1% |
1,661,998
+59,476
| +4% | +$20.2M |
|
185
Amphenol
APH
$207B
| $520M | 0.1% |
12,391,478
+702,706
| +6% | +$30.2M |
|
186
W.W. Grainger
GWW
$61.1B
| $520M | 0.1% |
751,855
+13,063
| +2% | +$9.45M |
|
187
Chipotle Mexican Grill
CMG
$40.7B
| $519M | 0.1% |
14,160,150
+675,650
| +5% | +$26.3M |
|
188
Paychex
PAYX
$43.1B
| $517M | 0.1% |
4,481,555
+246,791
| +6% | +$29.7M |
|
189
Simon Property Group
SPG
$71.5B
| $513M | 0.1% |
4,745,198
+86,778
| +2% | +$10.2M |
|
190
Trane Technologies
TT
$105B
| $512M | 0.1% |
2,522,449
+104,653
| +4% | +$21M |
|
191
General Mills
GIS
$19.9B
| $512M | 0.1% |
7,995,118
+379,702
| +5% | +$26.8M |
|
192
Parker-Hannifin
PH
$134B
| $510M | 0.1% |
1,310,125
+36,744
| +3% | +$14.8M |
|
193
Sempra
SRE
$55.1B
| $505M | 0.1% |
7,420,654
+280,862
| +4% | +$20.3M |
|
194
Motorola Solutions
MSI
$76.5B
| $501M | 0.1% |
1,841,890
+27,874
| +2% | +$7.94M |
|
195
Vulcan Materials
VMC
$37B
| $501M | 0.1% |
2,481,652
+54,450
| +2% | +$11.8M |
|
196
General Dynamics
GD
$107B
| $499M | 0.1% |
2,258,362
+97,789
| +5% | +$21.6M |
|
197
Carrier Global
CARR
$52.3B
| $494M | 0.1% |
8,941,301
+289,973
| +3% | +$16M |
|
198
Kimberly-Clark
KMB
$35.9B
| $490M | 0.09% |
4,051,719
+155,066
| +4% | +$20M |
|
199
Williams Companies
WMB
$87.9B
| $487M | 0.09% |
14,455,063
+1,089,150
| +8% | +$37.2M |
|
200
Cintas
CTAS
$81.1B
| $485M | 0.09% |
4,034,528
+285,928
| +8% | +$35.6M |
|
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.