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 |
Capital One
COF
|
+$535M |
| 2 |
FlexShares iBoxx 3-Year Target Duration TIPS Index Fund
TDTT
|
+$225M |
| 3 |
Vanguard Short-Term Bond ETF
BSV
|
+$220M |
| 4 |
Vanguard FTSE Developed Markets ETF
VEA
|
+$217M |
| 5 |
FlexShares STOXX Global Broad Infrastructure Index Fund
NFRA
|
+$194M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
DFS
Discover Financial Services
DFS
|
+$501M |
| 2 |
Microsoft
MSFT
|
+$438M |
| 3 |
Apple
AAPL
|
+$437M |
| 4 |
Tesla
TSLA
|
+$373M |
| 5 |
NVIDIA
NVDA
|
+$236M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 29.4% |
| 2 | Financials | 12.68% |
| 3 | Consumer Discretionary | 9.39% |
| 4 | Healthcare | 8.79% |
| 5 | Communication Services | 8.33% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2576
Red Cat Holdings
RCAT
$1.15B
| $4.04M | ﹤0.01% |
554,471
+440,743
| +388% | +$2.88M |
|
2577
Relay Therapeutics
RLAY
$4.1B
| $4.02M | ﹤0.01% |
1,162,092
+19,164
| +2% | +$57K |
|
|
ONC
2578
BeOne Medicines Ltd
ONC
$32.8B
| $4.02M | ﹤0.01% |
16,594
-702
| -4% | -$172K |
|
2579
Alerus Financial
ALRS
$831M
| $4.01M | ﹤0.01% |
185,500
-10,425
| -5% | -$209K |
|
2580
Vanguard Russell 2000 ETF
VTWO
$17.3B
| $4.01M | ﹤0.01% |
45,940
-2,935
| -6% | -$239K |
|
2581
Ribbon Communications
RBBN
$377M
| $4.01M | ﹤0.01% |
998,939
+192,001
| +24% | +$692K |
|
2582
Kura Oncology
KURA
$800M
| $4M | ﹤0.01% |
693,810
+12,180
| +2% | +$74.6K |
|
|
PKST
2583
DELISTED
Peakstone Realty Trust
PKST
| $4M | ﹤0.01% |
302,985
-3,601
| -1% | -$44.3K |
|
2584
Ezcorp Inc
EZPW
$1.83B
| $4M | ﹤0.01% |
287,827
-121
| -0% | -$1.75K |
|
2585
Fulgent Genetics
FLGT
$470M
| $3.98M | ﹤0.01% |
200,416
-853
| -0.4% | -$16.6K |
|
|
KALV
2586
DELISTED
KalVista Pharmaceuticals
KALV
| $3.98M | ﹤0.01% |
352,152
-35,410
| -9% | -$433K |
|
2587
Covenant Logistics
CVLG
$894M
| $3.98M | ﹤0.01% |
164,992
-1,587
| -1% | -$34.4K |
|
2588
HBT Financial
HBT
$1.3B
| $3.98M | ﹤0.01% |
157,678
+29,725
| +23% | +$696K |
|
|
DAWN
2589
DELISTED
Day One Biopharmaceuticals
DAWN
| $3.97M | ﹤0.01% |
611,161
+75,164
| +14% | +$517K |
|
2590
ZIM Integrated Shipping Services
ZIM
$3.04B
| $3.97M | ﹤0.01% |
246,885
+3,941
| +2% | +$62.1K |
|
2591
Arbutus Biopharma
ABUS
$857M
| $3.97M | ﹤0.01% |
1,284,219
+618
| +0% | +$2.05K |
|
|
BKV
2592
BKV Corp
BKV
$2.68B
| $3.96M | ﹤0.01% |
164,364
+29,814
| +22% | +$616K |
|
2593
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
$47.1B
| $3.96M | ﹤0.01% |
43,140
+15,658
| +57% | +$1.43M |
|
2594
Peapack-Gladstone Financial
PGC
$815M
| $3.95M | ﹤0.01% |
139,946
-6,105
| -4% | -$168K |
|
|
GNTY
2595
DELISTED
Guaranty Bancshares
GNTY
| $3.94M | ﹤0.01% |
92,734
+21,386
| +30% | +$865K |
|
2596
NWPX Infrastructure Inc
NWPX
$1.19B
| $3.93M | ﹤0.01% |
95,887
-3,505
| -4% | -$141K |
|
2597
Black Stone Minerals
BSM
$3.18B
| $3.9M | ﹤0.01% |
298,164
-5,000
| -2% | -$69.1K |
|
2598
Hippo Holdings
HIPO
$830M
| $3.9M | ﹤0.01% |
139,513
-11,282
| -7% | -$278K |
|
2599
Civista Bancshares
CIVB
$604M
| $3.89M | ﹤0.01% |
167,732
+30,175
| +22% | +$656K |
|
2600
Rush Enterprises Class B
RUSHB
$6.04B
| $3.89M | ﹤0.01% |
74,127
-806
| -1% | -$43.9K |
|
Similar funds
Northern Trust's Q2 2025 Portfolio in Review
As of Q2 2025, Northern Trust held 4,554 positions worth $727B, up 8% from $674B the previous quarter. Its ten largest holdings account for 28% of the portfolio.
Northern Trust's Q2 2025 filing shows 137 new, 1,442 increased, 2,512 reduced and 155 closed positions. Its largest new stake was Ralliant Corp: 735,735 shares worth $35.7M. The largest sale was Discover Financial Services, an estimated $501M.
By sector, the portfolio is most concentrated in Technology at 29% of assets, up from 26% a quarter earlier, followed by Financials and Consumer Discretionary.
- Northern Trust's largest Q2 2025 buy was Ralliant Corp: 735,735 shares worth $35.7M.
- Northern Trust added most to Capital One in Q2 2025, an estimated $535M increase.
- Northern Trust's biggest Q2 2025 reduction was Microsoft, cutting an estimated $438M.
- Northern Trust fully exited Discover Financial Services in Q2 2025, selling an estimated $501M.
- Northern Trust's ten largest holdings make up 28% of its $727B portfolio in Q2 2025.
- Northern Trust opened 137 new positions and closed 155 in Q2 2025.
- Northern Trust's portfolio value rose 8% quarter-over-quarter to $727B.
Based on Northern Trust's 13F filing for Q2 2025, filed 13 Aug 2025.