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 |
Illinois Tool Works
ITW
|
+$224M |
| 2 |
iShares Core S&P 500 ETF
IVV
|
+$199M |
| 3 |
Vanguard Short-Term Bond ETF
BSV
|
+$129M |
| 4 |
Vanguard S&P 500 ETF
VOO
|
+$116M |
| 5 |
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
|
+$102M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.44B |
| 2 |
Microsoft
MSFT
|
+$1.15B |
| 3 |
NVIDIA
NVDA
|
+$628M |
| 4 |
Amazon
AMZN
|
+$524M |
| 5 |
Tesla
TSLA
|
+$355M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.4% |
| 2 | Financials | 11.58% |
| 3 | Healthcare | 11.43% |
| 4 | Consumer Discretionary | 9.44% |
| 5 | Industrials | 8.48% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
301
CBRE Group
CBRE
$43.3B
| $339M | 0.06% |
3,485,903
-352,585
| -9% | -$31.7M |
|
|
ANSS
302
DELISTED
Ansys
ANSS
| $337M | 0.06% |
971,570
-28,784
| -3% | -$9.74M |
|
303
Ferguson
FERG
$43.9B
| $337M | 0.06% |
1,540,767
-72,907
| -5% | -$14.5M |
|
304
eBay
EBAY
$51.2B
| $335M | 0.06% |
6,346,682
-285,708
| -4% | -$13M |
|
305
Cardinal Health
CAH
$53.7B
| $335M | 0.06% |
2,992,805
-114,081
| -4% | -$12.3M |
|
306
Hartford Financial Services
HIG
$39.9B
| $331M | 0.06% |
3,214,027
-167,916
| -5% | -$15.4M |
|
307
AvalonBay Communities
AVB
$27.5B
| $330M | 0.06% |
1,779,723
-82,180
| -4% | -$14.8M |
|
308
Halliburton
HAL
$26.1B
| $327M | 0.06% |
8,294,492
-421,238
| -5% | -$15.1M |
|
309
L3Harris
LHX
$55.4B
| $323M | 0.06% |
1,514,692
-89,581
| -6% | -$18.8M |
|
310
CDW
CDW
$18.9B
| $322M | 0.06% |
1,258,677
-27,882
| -2% | -$6.62M |
|
311
iShares Russell 3000 ETF
IWV
$19.2B
| $318M | 0.05% |
1,058,532
-64,167
| -6% | -$18.3M |
|
312
Xylem
XYL
$28.5B
| $315M | 0.05% |
2,434,629
-73,019
| -3% | -$8.82M |
|
313
Devon Energy
DVN
$51.3B
| $314M | 0.05% |
6,253,125
-274,846
| -4% | -$12.2M |
|
314
Zimmer Biomet
ZBH
$18.8B
| $313M | 0.05% |
2,374,939
-126,983
| -5% | -$15.9M |
|
315
PPG Industries
PPG
$24.9B
| $312M | 0.05% |
2,156,116
-121,019
| -5% | -$17.2M |
|
316
State Street
STT
$48.4B
| $312M | 0.05% |
4,031,003
-137,532
| -3% | -$10.2M |
|
317
WEC Energy
WEC
$36.3B
| $311M | 0.05% |
3,781,582
-289,566
| -7% | -$23.3M |
|
|
DFS
318
DELISTED
Discover Financial Services
DFS
| $310M | 0.05% |
2,367,747
-148,686
| -6% | -$17M |
|
319
Principal Financial Group
PFG
$24.3B
| $309M | 0.05% |
3,580,606
-127,123
| -3% | -$10.2M |
|
320
PG&E
PCG
$39B
| $309M | 0.05% |
18,431,210
-723,118
| -4% | -$12.1M |
|
321
Moderna
MRNA
$21.6B
| $306M | 0.05% |
2,868,954
-103,042
| -3% | -$10.4M |
|
322
Hershey
HSY
$37.3B
| $305M | 0.05% |
1,566,710
-194,663
| -11% | -$37.6M |
|
323
Willis Towers Watson
WTW
$29.8B
| $304M | 0.05% |
1,107,082
-43,792
| -4% | -$11.5M |
|
324
Extra Space Storage
EXR
$32.3B
| $303M | 0.05% |
2,060,526
-26,552
| -1% | -$3.87M |
|
325
Fortive
FTV
$18B
| $302M | 0.05% |
4,660,541
-219,861
| -5% | -$13.3M |
|
Similar funds
Northern Trust's Q1 2024 Portfolio in Review
As of Q1 2024, Northern Trust held 4,565 positions worth $579B, up 4.8% from $552B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Northern Trust withdrew a net $22.5B in Q1 2024, closing 140 positions and reducing 3,160 holdings. Its most notable exit was Splunk Inc, an estimated $163M position sold in full.
By sector, the portfolio is most concentrated in Technology at 26% of assets, up from 26% a quarter earlier, followed by Financials and Healthcare.
Against the trend, Northern Trust opened a new position in Arcadium Lithium plc worth $50.1M.
- Northern Trust's largest Q1 2024 buy was Arcadium Lithium plc: 11,618,079 shares worth $50.1M.
- Northern Trust added most to Illinois Tool Works in Q1 2024, an estimated $224M increase.
- Northern Trust's biggest Q1 2024 reduction was Apple, cutting an estimated $1.44B.
- Northern Trust fully exited Splunk Inc in Q1 2024, selling an estimated $163M.
- Northern Trust's ten largest holdings make up 25% of its $579B portfolio in Q1 2024.
- Northern Trust opened 95 new positions and closed 140 in Q1 2024.
- Northern Trust's portfolio value rose 4.8% quarter-over-quarter to $579B.
Based on Northern Trust's 13F filing for Q1 2024, filed 14 May 2024.