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 |
FlexShares Global Upstream Natural Resources Index Fund
GUNR
|
+$288M |
| 2 |
iShares ESG Aware MSCI USA ETF
ESGU
|
+$256M |
| 3 |
iShares Broad USD High Yield Corporate Bond ETF
USHY
|
+$180M |
| 4 |
Vanguard Short-Term Bond ETF
BSV
|
+$163M |
| 5 |
Palo Alto Networks
PANW
|
+$149M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.5B |
| 2 |
Microsoft
MSFT
|
+$1.41B |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$448M |
| 4 |
NVIDIA
NVDA
|
+$434M |
| 5 |
Amazon
AMZN
|
+$432M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 25.26% |
| 2 | Healthcare | 12.37% |
| 3 | Financials | 10.77% |
| 4 | Consumer Discretionary | 9.82% |
| 5 | Industrials | 8.4% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
Northern Trust
NTRS
$21.8B
| $435M | 0.08% |
5,865,352
-67,089
| -1% | -$5.15M |
|
227
TransDigm Group
TDG
$70.7B
| $434M | 0.08% |
485,518
-15,377
| -3% | -$12.2M |
|
228
Dominion Energy
D
$62.1B
| $430M | 0.08% |
8,307,170
-644,369
| -7% | -$35M |
|
229
Carrier Global
CARR
$49.4B
| $430M | 0.08% |
8,651,328
-1,128,023
| -12% | -$49.6M |
|
|
230
iShares ESG Aware MSCI USA ETF
ESGU
$17.5B
| $430M | 0.08% |
4,408,789
+2,771,545
| +169% | +$256M |
|
231
Idexx Laboratories
IDXX
$44.9B
| $429M | 0.08% |
853,300
-27,084
| -3% | -$13M |
|
232
Cummins
CMI
$83.6B
| $428M | 0.08% |
1,745,899
-159,182
| -8% | -$36M |
|
233
Monster Beverage
MNST
$95.1B
| $425M | 0.08% |
7,395,252
-353,669
| -5% | -$20.1M |
|
234
Digital Realty Trust
DLR
$69.6B
| $424M | 0.08% |
3,726,961
-103,586
| -3% | -$10.2M |
|
235
Ameriprise Financial
AMP
$47.8B
| $423M | 0.08% |
1,272,266
-69,916
| -5% | -$21.5M |
|
236
Capital One
COF
$128B
| $422M | 0.08% |
3,854,962
-145,381
| -4% | -$14.6M |
|
237
American Electric Power
AEP
$70.4B
| $421M | 0.08% |
4,996,079
-304,457
| -6% | -$26.9M |
|
238
Dow Inc
DOW
$22B
| $420M | 0.08% |
7,878,525
-354,311
| -4% | -$18.8M |
|
239
Newmont
NEM
$96.2B
| $416M | 0.08% |
9,762,210
-718,033
| -7% | -$32.6M |
|
240
Fastenal
FAST
$54.8B
| $415M | 0.08% |
14,061,852
+133,898
| +1% | +$3.66M |
|
241
Corning
GLW
$107B
| $414M | 0.08% |
11,807,201
-97,619
| -0.8% | -$3.21M |
|
242
AvalonBay Communities
AVB
$27.5B
| $407M | 0.08% |
2,152,075
-80,039
| -4% | -$14.3M |
|
243
Cencora
COR
$62B
| $406M | 0.08% |
2,110,896
+19,604
| +0.9% | +$3.39M |
|
244
MetLife
MET
$62.4B
| $405M | 0.08% |
7,164,219
-473,120
| -6% | -$26.3M |
|
245
Ross Stores
ROST
$80.8B
| $405M | 0.08% |
3,608,673
-130,020
| -3% | -$13.7M |
|
246
Electronic Arts
EA
$52.7B
| $403M | 0.08% |
3,110,893
-116,026
| -4% | -$14.7M |
|
247
Otis Worldwide
OTIS
$27.9B
| $403M | 0.08% |
4,526,801
-84,836
| -2% | -$7.15M |
|
248
D.R. Horton
DHI
$41.2B
| $400M | 0.08% |
3,284,961
-270,375
| -8% | -$29.6M |
|
249
NXP Semiconductors
NXPI
$60.8B
| $398M | 0.08% |
1,942,286
-75,652
| -4% | -$13.4M |
|
250
Airbnb
ABNB
$90.8B
| $396M | 0.08% |
3,087,255
+130,756
| +4% | +$15.3M |
|
Similar funds
Northern Trust's Q2 2023 Portfolio in Review
As of Q2 2023, Northern Trust held 4,684 positions worth $520B, up 3.2% from $504B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Northern Trust withdrew a net $18.7B in Q2 2023, closing 152 positions and reducing 1,968 holdings. Its most notable exit was ABB Ltd, an estimated $112M position sold in full.
By sector, the portfolio is most concentrated in Technology at 25% of assets, up from 24% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Northern Trust opened a new position in Crane Co worth $39.5M.
- Northern Trust's largest Q2 2023 buy was Crane Co: 442,777 shares worth $39.5M.
- Northern Trust added most to FlexShares Global Upstream Natural Resources Index Fund in Q2 2023, an estimated $288M increase.
- Northern Trust's biggest Q2 2023 reduction was Apple, cutting an estimated $1.5B.
- Northern Trust fully exited ABB Ltd in Q2 2023, selling an estimated $112M.
- Northern Trust's ten largest holdings make up 23% of its $520B portfolio in Q2 2023.
- Northern Trust opened 107 new positions and closed 152 in Q2 2023.
- Northern Trust's portfolio value rose 3.2% quarter-over-quarter to $520B.
Based on Northern Trust's 13F filing for Q2 2023, filed 11 Aug 2023.