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 |
Uber
UBER
|
+$265M |
| 2 |
Vanguard Short-Term Bond ETF
BSV
|
+$245M |
| 3 |
State Street SPDR S&P Global Natural Resources ETF
GNR
|
+$209M |
| 4 |
iShares Core S&P 500 ETF
IVV
|
+$202M |
| 5 |
Veralto
VLTO
|
+$188M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$1.25B |
| 2 |
Apple
AAPL
|
+$1.25B |
| 3 |
ATVI
Activision Blizzard
ATVI
|
+$717M |
| 4 |
Eli Lilly
LLY
|
+$599M |
| 5 |
NVIDIA
NVDA
|
+$553M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 25.83% |
| 2 | Healthcare | 11.57% |
| 3 | Financials | 11.46% |
| 4 | Consumer Discretionary | 9.84% |
| 5 | Industrials | 8.44% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
HES
251
DELISTED
Hess
HES
| $401M | 0.07% |
2,782,640
-84,041
| -3% | -$12.3M |
|
252
Dominion Energy
D
$60.5B
| $401M | 0.07% |
8,528,879
+1,471
| +0% | +$65.7K |
|
253
MSCI
MSCI
$41.8B
| $398M | 0.07% |
703,963
+1,006
| +0.1% | +$519K |
|
254
American Electric Power
AEP
$69.9B
| $398M | 0.07% |
4,897,892
-100,720
| -2% | -$7.82M |
|
255
Workday
WDAY
$40.8B
| $397M | 0.07% |
1,438,824
-79,850
| -5% | -$19M |
|
256
Constellation Energy
CEG
$97.7B
| $397M | 0.07% |
3,395,128
+22,574
| +0.7% | +$2.63M |
|
257
Consolidated Edison
ED
$39.8B
| $393M | 0.07% |
4,320,643
-163,383
| -4% | -$14.6M |
|
258
Dow Inc
DOW
$21.6B
| $392M | 0.07% |
7,155,607
-449,710
| -6% | -$23M |
|
259
Charter Communications
CHTR
$17.2B
| $390M | 0.07% |
1,004,053
-44,491
| -4% | -$18.1M |
|
260
Biogen
BIIB
$29.8B
| $387M | 0.07% |
1,494,963
-148,072
| -9% | -$36.4M |
|
261
Keurig Dr Pepper
KDP
$42.1B
| $385M | 0.07% |
11,564,861
-608,220
| -5% | -$19M |
|
262
Exelon
EXC
$47B
| $385M | 0.07% |
10,713,536
-952,293
| -8% | -$36.7M |
|
263
IQVIA
IQV
$38.4B
| $384M | 0.07% |
1,658,298
-79,017
| -5% | -$16.2M |
|
264
Johnson Controls International
JCI
$88.7B
| $381M | 0.07% |
6,612,064
-453,409
| -6% | -$23.8M |
|
265
Centene
CNC
$31.5B
| $380M | 0.07% |
5,120,018
-168,211
| -3% | -$12.1M |
|
266
Weyerhaeuser
WY
$18.2B
| $380M | 0.07% |
10,919,924
-923,824
| -8% | -$28.7M |
|
267
iShares Select Dividend ETF
DVY
$23.8B
| $379M | 0.07% |
3,232,019
-214,598
| -6% | -$23.6M |
|
268
Kinder Morgan
KMI
$69.9B
| $378M | 0.07% |
21,431,094
-866,110
| -4% | -$14.8M |
|
269
DuPont de Nemours
DD
$19.1B
| $378M | 0.07% |
3,911,375
-267,890
| -6% | -$24.4M |
|
270
Verisk Analytics
VRSK
$25.1B
| $377M | 0.07% |
1,580,361
-81,197
| -5% | -$19.2M |
|
271
Ametek
AME
$55.9B
| $377M | 0.07% |
2,287,028
-75,439
| -3% | -$11.5M |
|
272
FlexShares iBoxx 5-Year Target Duration TIPS Index Fund
TDTF
$1.04B
| $377M | 0.07% |
15,953,096
-245,573
| -2% | -$5.67M |
|
273
TSMC
TSM
$2.11T
| $377M | 0.07% |
3,622,056
+131,426
| +4% | +$12.5M |
|
274
Republic Services
RSG
$64.5B
| $375M | 0.07% |
2,275,641
-100,368
| -4% | -$15.6M |
|
275
Snowflake
SNOW
$107B
| $375M | 0.07% |
1,885,262
+2,981
| +0.2% | +$504K |
|
Similar funds
Northern Trust's Q4 2023 Portfolio in Review
As of Q4 2023, Northern Trust held 4,645 positions worth $552B, up 7% from $516B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Northern Trust withdrew a net $19.7B in Q4 2023, closing 173 positions and reducing 1,979 holdings. Its most notable exit was Activision Blizzard, an estimated $717M position sold in full.
By sector, the portfolio is most concentrated in Technology at 26% of assets, up from 25% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Northern Trust opened a new position in Dimensional International Core Equity Market ETF worth $23.2M.
- Northern Trust's largest Q4 2023 buy was Dimensional International Core Equity Market ETF: 810,491 shares worth $23.2M.
- Northern Trust added most to Uber in Q4 2023, an estimated $265M increase.
- Northern Trust's biggest Q4 2023 reduction was Microsoft, cutting an estimated $1.25B.
- Northern Trust fully exited Activision Blizzard in Q4 2023, selling an estimated $717M.
- Northern Trust's ten largest holdings make up 23% of its $552B portfolio in Q4 2023.
- Northern Trust opened 181 new positions and closed 173 in Q4 2023.
- Northern Trust's portfolio value rose 7% quarter-over-quarter to $552B.
Based on Northern Trust's 13F filing for Q4 2023, filed 13 Feb 2024.