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 | |
|---|---|---|---|---|---|---|
3226
Inogen
INGN
$174M
| $1.34M | ﹤0.01% |
190,340
-6,362
| -3% | -$42.8K |
|
3227
Invesco S&P 500 Top 50 ETF
XLG
$10.5B
| $1.34M | ﹤0.01% |
25,640
+17,684
| +222% | +$841K |
|
3228
LifeVantage
LFVN
$79.4M
| $1.33M | ﹤0.01% |
101,921
+50,142
| +97% | +$648K |
|
|
RAPP
3229
Rapport Therapeutics
RAPP
$2.05B
| $1.32M | ﹤0.01% |
116,273
-11,810
| -9% | -$125K |
|
3230
National Bankshares
NKSH
$253M
| $1.32M | ﹤0.01% |
48,565
+16
| +0% | +$416 |
|
3231
Golub Capital BDC
GBDC
$3.34B
| $1.32M | ﹤0.01% |
+90,145
| New | +$1.31M |
|
|
TTSH
3232
DELISTED
Tile Shop Holdings
TTSH
| $1.32M | ﹤0.01% |
207,615
-10,252
| -5% | -$61.6K |
|
|
MBX
3233
MBX Biosciences
MBX
$3.16B
| $1.32M | ﹤0.01% |
115,594
+19,087
| +20% | +$194K |
|
3234
Trinity Capital Inc.
TRIN
$1.56B
| $1.32M | ﹤0.01% |
93,592
+83,026
| +786% | +$1.2M |
|
|
DQ
3235
Daqo New Energy
DQ
$819M
| $1.31M | ﹤0.01% |
86,071
-21,678
| -20% | -$308K |
|
3236
First National Corp
FXNC
$286M
| $1.3M | ﹤0.01% |
66,913
+42,130
| +170% | +$833K |
|
3237
Telos
TLS
$324M
| $1.3M | ﹤0.01% |
410,613
-13,529
| -3% | -$35.1K |
|
3238
WisdomTree US High Dividend Fund
DHS
$1.56B
| $1.3M | ﹤0.01% |
13,545
| – | – |
|
3239
Medifast
MED
$110M
| $1.3M | ﹤0.01% |
92,261
-4,629
| -5% | -$60.8K |
|
3240
Tucows
TCX
$108M
| $1.29M | ﹤0.01% |
65,320
-9,039
| -12% | -$162K |
|
3241
Douglas Elliman
DOUG
$155M
| $1.29M | ﹤0.01% |
554,658
+393,942
| +245% | +$841K |
|
3242
Kaltura
KLTR
$206M
| $1.29M | ﹤0.01% |
639,956
-128,215
| -17% | -$266K |
|
3243
Kodiak Sciences
KOD
$2.66B
| $1.29M | ﹤0.01% |
344,597
-10,157
| -3% | -$36K |
|
3244
iShares Expanded Tech-Software Sector ETF
IGV
$12.5B
| $1.28M | ﹤0.01% |
11,702
+4,039
| +53% | +$399K |
|
3245
RE/MAX Holdings
RMAX
$198M
| $1.28M | ﹤0.01% |
156,560
-1,359
| -0.9% | -$10.5K |
|
3246
WisdomTree Emerging Markets High Dividend Fund
DEM
$3.9B
| $1.28M | ﹤0.01% |
28,245
| – | – |
|
3247
Funko
FNKO
$338M
| $1.28M | ﹤0.01% |
268,334
+6,887
| +3% | +$31.4K |
|
|
ESSA
3248
DELISTED
ESSA Bancorp
ESSA
| $1.28M | ﹤0.01% |
65,745
-938
| -1% | -$17.3K |
|
|
ACR
3249
ACRES Commercial Realty
ACR
$125M
| $1.27M | ﹤0.01% |
70,998
+33,277
| +88% | +$609K |
|
3250
Arq
ARQ
$88.4M
| $1.27M | ﹤0.01% |
236,442
-10,701
| -4% | -$46.8K |
|
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.