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 | |
|---|---|---|---|---|---|---|
376
McCormick & Company Non-Voting
MKC
$14B
| $248M | 0.04% |
3,235,222
-83,861
| -3% | -$5.7M |
|
377
Vanguard Short-Term Treasury ETF
VGSH
$29.3B
| $247M | 0.04% |
4,260,841
+1,035,458
| +32% | +$60.2M |
|
|
XYZ
378
Block Inc
XYZ
$48.9B
| $247M | 0.04% |
2,924,045
-80,815
| -3% | -$5.85M |
|
379
DoorDash
DASH
$84.3B
| $247M | 0.04% |
1,791,645
-50,397
| -3% | -$5.94M |
|
380
Labcorp
LH
$25.2B
| $246M | 0.04% |
1,125,479
-37,773
| -3% | -$8.32M |
|
381
Coinbase
COIN
$42.2B
| $245M | 0.04% |
924,594
+32,225
| +4% | +$5.8M |
|
382
Dimensional US Marketwide Value ETF
DFUV
$15.3B
| $245M | 0.04% |
5,981,099
+149,722
| +3% | +$5.72M |
|
383
Cheniere Energy
LNG
$54.2B
| $244M | 0.04% |
1,514,139
-74,932
| -5% | -$12M |
|
384
Raymond James Financial
RJF
$33.5B
| $244M | 0.04% |
1,900,067
-88,605
| -4% | -$10.3M |
|
|
FITB
385
Fifth Third Bancorp
FITB
$51.3B
| $242M | 0.04% |
6,503,632
-246,291
| -4% | -$8.57M |
|
386
Hewlett Packard
HPE
$58.8B
| $241M | 0.04% |
13,569,722
-435,070
| -3% | -$7.07M |
|
387
Dimensional International Value ETF
DFIV
$20.9B
| $240M | 0.04% |
6,523,366
+30,034
| +0.5% | +$1.04M |
|
|
CTRA
388
DELISTED
Coterra Energy
CTRA
| $239M | 0.04% |
8,572,250
-523,537
| -6% | -$13.4M |
|
389
Strategy Inc
MSTR
$34.1B
| $239M | 0.04% |
1,400,070
+202,420
| +17% | +$18.5M |
|
390
Targa Resources
TRGP
$56.8B
| $238M | 0.04% |
2,123,295
-86,656
| -4% | -$8.17M |
|
391
Wabtec
WAB
$49.3B
| $236M | 0.04% |
1,616,802
-40,062
| -2% | -$5.43M |
|
392
Builders FirstSource
BLDR
$7.29B
| $235M | 0.04% |
1,128,805
-46,280
| -4% | -$8.55M |
|
393
Trade Desk
TTD
$8.97B
| $235M | 0.04% |
2,687,553
-97,435
| -3% | -$7.38M |
|
394
Iron Mountain
IRM
$35.9B
| $234M | 0.04% |
2,915,624
-214,681
| -7% | -$15.5M |
|
395
Howmet Aerospace
HWM
$109B
| $233M | 0.04% |
3,408,788
-163,036
| -5% | -$10M |
|
|
K
396
DELISTED
Kellanova
K
| $233M | 0.04% |
4,063,767
+147,305
| +4% | +$8.11M |
|
397
Canadian Pacific Kansas City
CP
$81B
| $233M | 0.04% |
2,638,678
+37,009
| +1% | +$3.11M |
|
398
Baxter International
BAX
$12.8B
| $232M | 0.04% |
5,429,038
-275,012
| -5% | -$11.2M |
|
399
Delta Air Lines
DAL
$56.7B
| $231M | 0.04% |
4,815,305
-91,347
| -2% | -$3.78M |
|
400
NetApp
NTAP
$34B
| $230M | 0.04% |
2,193,284
-44,387
| -2% | -$4.11M |
|
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.