Northern Trust Portfolio holdings

AUM $727B

1-Year Return 23.08%

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.

2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 2013 Q4 2013 Q3 2013 Q2

This Quarter Return

+5.96%

1 Year Return

+23.08%

3 Year Return

+97.56%

5 Year Return

+177.34%

10 Year Return

+414.74%

AUM

$331B

AUM Growth

+$12.8B (+4%)

Cap. Flow

-$1.34B

Cap. Flow % of AUM

-0.4%

Top 10 Holdings % Top 10 Hldgs %

13.88%

Holding

4,442

New

134

Increased

1,447

Reduced

2,431

Closed

175

Top Buys

1	Kinder Morgan KMI	+$520M
2	SPDR S&P 500 ETF Trust SPY	+$234M
3	iShares Global Infrastructure ETF IGF	+$102M
4	LVLT Level 3 Communications Inc LVLT	+$102M
5	Eaton ETN	+$98M

Top Sells

1	Coca-Cola KO	+$593M
2	Carnival Corp CCL	+$584M
3	FlexShares Global Upstream Natural Resources Index Fund GUNR	+$295M
4	MON Monsanto Co MON	+$153M
5	Apple AAPL	+$132M

Sector Composition

1	Financials	14.45%
2	Technology	13.87%
3	Healthcare	13.52%
4	Industrials	11.04%
5	Consumer Discretionary	8.72%

Communication Services

Advertising Agencies

Broadcasting

Electronic Gaming & Multimedia

Entertainment

Internet Content & Information

Publishing

Telecom Services

Consumer Discretionary

Apparel Manufacturing

Apparel Retail

Auto Manufacturers

Auto Parts

Auto & Truck Dealerships

Department Stores

Footwear & Accessories

Furnishings, Fixtures & Appliances

Gambling

Home Improvement Retail

Internet Retail

Leisure

Lodging

Luxury Goods

Packaging & Containers

Personal Services

Recreational Vehicles

Residential Construction

Resorts & Casinos

Restaurants

Specialty Retail

Textile Manufacturing

Travel Services

Consumer Staples

Beverages - Brewers

Beverages - Non-Alcoholic

Beverages - Wineries & Distilleries

Confectioners

Discount Stores

Education & Training Services

Farm Products

Food Distribution

Grocery Stores

Household & Personal Products

Packaged Foods

Tobacco

Energy

Oil & Gas Drilling

Oil & Gas Equipment & Services

Oil & Gas Exploration & Production

Oil & Gas Integrated

Oil & Gas Midstream

Oil & Gas Refining & Marketing

Thermal Coal

Uranium

Financials

Asset Management

Banks - Diversified

Banks - Regional

Capital Markets

Credit Services

Diversified Insurance

Financial Conglomerates

Financial Data & Stock Exchanges

Insurance Brokers

Life Insurance

Mortgage Finance

Property & Casualty Insurance

Reinsurance

Shell Companies

Specialty - Insurance

Healthcare

Biotechnology

Diagnostics & Research

Drug Manufacturers - General

Drug Manufacturers - Specialty & Generic

Healthcare Plans

Health Information Services

Medical Care Facilities

Medical Devices

Medical Distribution

Medical Instruments & Supplies

Pharmaceutical Retailers

Industrials

Aerospace & Defense

Airlines

Airports & Air Services

Building Products & Equipment

Business Equipment & Supplies

Conglomerates

Consulting Services

Electrical Equipment & Parts

Engineering & Construction

Farm & Heavy Construction Machinery

Industrial Distribution

Infrastructure Operations

Integrated Freight & Logistics

Marine Shipping

Metal Fabrication

Pollution & Treatment Controls

Railroads

Rental & Leasing Services

Security & Protection Services

Specialty Business Services

Specialty Industrial Machinery

Staffing & Employment Services

Tools & Accessories

Trucking

Waste Management

Materials

Agricultural Inputs

Aluminum

Building Materials

Chemicals

Coking Coal

Copper

Gold

Lumber & Wood Production

Other Industrial Metals & Mining

Other Precious Metals & Mining

Paper & Paper Products

Silver

Specialty Chemicals

Steel

Real Estate

Diversified REIT

Healthcare Facilities REIT

Hotel & Motel REIT

Industrial REIT

Mortgage REIT

Office REIT

Real Estate Development

Real Estate Diversified

Real Estate Services

Residential REIT

Retail REIT

Specialty REIT

Technology

Communication Equipment

Computer Hardware

Consumer Electronics

Electronic Components

Electronics & Computer Distribution

Information Technology Services

Scientific & Technical Instruments

Semiconductor Equipment & Materials

Semiconductors

Software - Application

Software - Infrastructure

Solar

Utilities

Diversified Utilities

Electric Utilities

Gas Utilities

Independent Power Producers

Renewable Electricity

Water Utilities

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
2751	REMY 2751 DELISTED REMY INTL INC NEW COMMON REMY	$3.34M	﹤0.01%	159,657 -60,744	-28%	-$1.27M
2752	2752 Preferred Bank PFBC $1.16B	$3.34M	﹤0.01%	119,728 -6,432	-5%	-$179K
2753	2753 Xoma XOMA $452M	$3.33M	﹤0.01%	46,419 +308	+0.7%	+$22.1K
2754	2754 ArcelorMittal MT $26.4B	$3.33M	﹤0.01%	132,060 -11,239	-8%	-$283K
2755	GWB 2755 DELISTED Great Western Bancorp, Inc. GWB	$3.33M	﹤0.01%	+146,106	New	+$3.33M
2756	2756 Destination XL Group DXLG $80.3M	$3.33M	﹤0.01%	609,541 -22,330	-4%	-$122K
2757	2757 Gulf Island Fabrication GIFI $122M	$3.32M	﹤0.01%	171,290 -7,797	-4%	-$151K
2758	2758 Kimball Electronics KE $741M	$3.32M	﹤0.01%	+276,244	New	+$3.32M
2759	2759 Chunghwa Telecom CHT $34.8B	$3.32M	﹤0.01%	112,706 +9,874	+10%	+$291K
2760	WIFI 2760 DELISTED Boingo Wireless, Inc. WIFI	$3.31M	﹤0.01%	432,051 -13,110	-3%	-$101K
2761	BELFB 2761 Bel Fuse Class B BELFB $1.79B	$3.31M	﹤0.01%	121,048 -5,722	-5%	-$156K
2762	2762 CRA International CRAI $1.3B	$3.31M	﹤0.01%	108,999 -11,893	-10%	-$361K
2763	SPA 2763 DELISTED Sparton SPA	$3.31M	﹤0.01%	116,647 -402	-0.3%	-$11.4K
2764	2764 TechTarget TTGT $427M	$3.3M	﹤0.01%	290,450 +120,676	+71%	+$1.37M
2765	TESS 2765 DELISTED Tessco Technologies Inc TESS	$3.3M	﹤0.01%	113,920 -14,295	-11%	-$414K
2766	2766 Bank of Marin Bancorp BMRC $398M	$3.3M	﹤0.01%	125,320 -4,770	-4%	-$125K
2767	PSEM 2767 DELISTED PERICOM SEMICONDUCTOR CP PSEM	$3.3M	﹤0.01%	243,347 -11,166	-4%	-$151K
2768	AAMI 2768 Acadian Asset Management Inc. AAMI $1.74B	$3.29M	﹤0.01%	+202,839	New	+$3.29M
2769	TI 2769 DELISTED Telecom Italia TI	$3.29M	﹤0.01%	312,388 +74,526	+31%	+$786K
2770	GCAP 2770 DELISTED Gain Capital Holdings, Inc. GCAP	$3.29M	﹤0.01%	364,816 -9,751	-3%	-$88K
2771	EXXI 2771 DELISTED ENERGY XXI LTD COM SHS EXXI	$3.29M	﹤0.01%	1,008,066 -75,708	-7%	-$247K
2772	2772 STRATTEC Security STRT $283M	$3.29M	﹤0.01%	39,789 -233	-0.6%	-$19.2K
2773	2773 Utah Medical Products UTMD $200M	$3.28M	﹤0.01%	54,613 +189	+0.3%	+$11.4K
2774	REGI 2774 DELISTED Renewable Energy Group, Inc. REGI	$3.28M	﹤0.01%	337,820 -11,404	-3%	-$111K
2775	PCTI 2775 DELISTED PCTEL, Inc. Common Stock PCTI	$3.26M	﹤0.01%	376,561 +5,590	+2%	+$48.4K