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 | |
|---|---|---|---|---|---|---|
326
Kraft Heinz
KHC
$32.8B
| $302M | 0.05% |
8,174,864
-421,229
| -5% | -$15.3M |
|
327
Biogen
BIIB
$30.9B
| $299M | 0.05% |
1,388,386
-106,577
| -7% | -$25M |
|
328
Apollo Global Management
APO
$69B
| $298M | 0.05% |
2,652,110
-66,993
| -2% | -$7.07M |
|
329
iShares ESG Aware MSCI EAFE ETF
ESGD
$11.7B
| $298M | 0.05% |
3,730,183
+362,965
| +11% | +$27.8M |
|
330
Keysight
KEYS
$50.7B
| $297M | 0.05% |
1,900,399
-60,156
| -3% | -$9.25M |
|
331
Royal Caribbean
RCL
$86.5B
| $297M | 0.05% |
2,135,651
-132,610
| -6% | -$16.6M |
|
332
Baker Hughes
BKR
$58.3B
| $297M | 0.05% |
8,861,247
-553,536
| -6% | -$17.1M |
|
333
Fair Isaac
FICO
$31.8B
| $297M | 0.05% |
237,439
-13,468
| -5% | -$16.8M |
|
334
HP
HPQ
$26B
| $297M | 0.05% |
9,816,963
-355,481
| -3% | -$10.5M |
|
335
iShares MSCI India ETF
INDA
$6.81B
| $296M | 0.05% |
5,736,339
+323,327
| +6% | +$16.3M |
|
|
336
Vanguard S&P 500 ETF
VOO
$956B
| $295M | 0.05% |
614,608
+253,681
| +70% | +$116M |
|
337
Snowflake
SNOW
$98.1B
| $295M | 0.05% |
1,827,734
-57,528
| -3% | -$11.2M |
|
338
Equifax
EFX
$22B
| $294M | 0.05% |
1,099,735
-129,434
| -11% | -$32.9M |
|
339
Monolithic Power Systems
MPWR
$61.4B
| $293M | 0.05% |
432,208
-13,899
| -3% | -$9.28M |
|
340
State Street Technology Select Sector SPDR ETF
XLK
$109B
| $292M | 0.05% |
2,806,278
-3,424
| -0.1% | -$346K |
|
341
Tyson Foods
TSN
$21.5B
| $291M | 0.05% |
4,951,883
+32,842
| +0.7% | +$1.8M |
|
342
Mettler-Toledo International
MTD
$28.1B
| $289M | 0.05% |
217,306
-12,900
| -6% | -$15.9M |
|
343
Masco
MAS
$14.3B
| $288M | 0.05% |
3,646,674
-34,756
| -0.9% | -$2.5M |
|
344
FlexShares International Quality Dividend Index Fund
IQDF
$1.12B
| $286M | 0.05% |
11,886,966
+70,272
| +0.6% | +$1.65M |
|
345
Church & Dwight Co
CHD
$23.7B
| $285M | 0.05% |
2,734,537
-70,288
| -3% | -$7.03M |
|
346
West Pharmaceutical
WST
$23.7B
| $285M | 0.05% |
719,950
-51,695
| -7% | -$19.1M |
|
347
Edison International
EIX
$30.3B
| $284M | 0.05% |
4,015,138
-208,484
| -5% | -$14.3M |
|
348
CF Industries
CF
$19.6B
| $283M | 0.05% |
3,403,792
-210,107
| -6% | -$16.8M |
|
349
Xcel Energy
XEL
$49.2B
| $282M | 0.05% |
5,250,866
-297,039
| -5% | -$17M |
|
350
ResMed
RMD
$31.1B
| $282M | 0.05% |
1,422,126
-29,825
| -2% | -$5.47M |
|
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.