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 |
FlexShares Global Upstream Natural Resources Index Fund
GUNR
|
+$288M |
| 2 |
iShares ESG Aware MSCI USA ETF
ESGU
|
+$256M |
| 3 |
iShares Broad USD High Yield Corporate Bond ETF
USHY
|
+$180M |
| 4 |
Vanguard Short-Term Bond ETF
BSV
|
+$163M |
| 5 |
Palo Alto Networks
PANW
|
+$149M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.5B |
| 2 |
Microsoft
MSFT
|
+$1.41B |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$448M |
| 4 |
NVIDIA
NVDA
|
+$434M |
| 5 |
Amazon
AMZN
|
+$432M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 25.26% |
| 2 | Healthcare | 12.37% |
| 3 | Financials | 10.77% |
| 4 | Consumer Discretionary | 9.82% |
| 5 | Industrials | 8.4% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
401
Trade Desk
TTD
$8.97B
| $213M | 0.04% |
2,762,783
-82,577
| -3% | -$5.59M |
|
402
Enphase Energy
ENPH
$4.63B
| $213M | 0.04% |
1,270,189
-8,512
| -0.7% | -$1.52M |
|
403
Best Buy
BBY
$19B
| $212M | 0.04% |
2,587,414
-329,989
| -11% | -$24.6M |
|
404
Dimensional International Value ETF
DFIV
$20.9B
| $212M | 0.04% |
6,443,773
-119,067
| -2% | -$3.91M |
|
405
J.M. Smucker
SJM
$13.5B
| $211M | 0.04% |
1,428,008
-42,089
| -3% | -$6.42M |
|
406
Raymond James Financial
RJF
$33.5B
| $211M | 0.04% |
2,031,359
-78,387
| -4% | -$7.28M |
|
407
DTE Energy
DTE
$29.9B
| $209M | 0.04% |
1,895,331
-10,100
| -0.5% | -$1.13M |
|
408
Broadridge
BR
$18.4B
| $207M | 0.04% |
1,252,721
-158,134
| -11% | -$23.9M |
|
409
Steel Dynamics
STLD
$36.2B
| $207M | 0.04% |
1,902,471
+17,800
| +0.9% | +$1.81M |
|
|
IPG
410
DELISTED
Interpublic Group of Companies
IPG
| $207M | 0.04% |
5,352,543
-540,524
| -9% | -$20.4M |
|
411
Dimensional US Marketwide Value ETF
DFUV
$15.3B
| $203M | 0.04% |
5,871,887
-178,340
| -3% | -$5.96M |
|
412
Waters Corp
WAT
$37.3B
| $201M | 0.04% |
755,621
-10,599
| -1% | -$2.95M |
|
|
XYZ
413
Block Inc
XYZ
$48.9B
| $200M | 0.04% |
3,005,768
-66,947
| -2% | -$4.18M |
|
414
M&T Bank
MTB
$36.3B
| $200M | 0.04% |
1,612,147
-147,250
| -8% | -$17.8M |
|
415
The Mosaic Company
MOS
$7.19B
| $199M | 0.04% |
5,683,482
-273,335
| -5% | -$10.6M |
|
416
Entergy
ETR
$50.3B
| $199M | 0.04% |
4,080,548
-91,682
| -2% | -$4.75M |
|
417
CrowdStrike
CRWD
$183B
| $198M | 0.04% |
5,390,100
-36,120
| -0.7% | -$1.26M |
|
418
Host Hotels & Resorts
HST
$17.5B
| $197M | 0.04% |
11,704,385
-183,530
| -2% | -$3.07M |
|
419
Ameren
AEE
$30.4B
| $196M | 0.04% |
2,400,477
-158,138
| -6% | -$13.5M |
|
420
Conagra Brands
CAG
$7.42B
| $195M | 0.04% |
5,782,342
-320,536
| -5% | -$11.6M |
|
421
Teledyne Technologies
TDY
$29.2B
| $194M | 0.04% |
472,159
-18,810
| -4% | -$7.76M |
|
422
FlexShares Quality Dividend Defensive Index Fund
QDEF
$545M
| $193M | 0.04% |
3,459,931
-165,675
| -5% | -$8.94M |
|
423
Cooper Companies
COO
$14.2B
| $189M | 0.04% |
1,975,128
-183,644
| -9% | -$17.2M |
|
424
FirstEnergy
FE
$28.4B
| $188M | 0.04% |
4,826,081
-179,957
| -4% | -$7.06M |
|
425
Quest Diagnostics
DGX
$26B
| $186M | 0.04% |
1,326,580
-115,125
| -8% | -$15.9M |
|
Similar funds
Northern Trust's Q2 2023 Portfolio in Review
As of Q2 2023, Northern Trust held 4,684 positions worth $520B, up 3.2% from $504B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Northern Trust withdrew a net $18.7B in Q2 2023, closing 152 positions and reducing 1,968 holdings. Its most notable exit was ABB Ltd, an estimated $112M position sold in full.
By sector, the portfolio is most concentrated in Technology at 25% of assets, up from 24% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Northern Trust opened a new position in Crane Co worth $39.5M.
- Northern Trust's largest Q2 2023 buy was Crane Co: 442,777 shares worth $39.5M.
- Northern Trust added most to FlexShares Global Upstream Natural Resources Index Fund in Q2 2023, an estimated $288M increase.
- Northern Trust's biggest Q2 2023 reduction was Apple, cutting an estimated $1.5B.
- Northern Trust fully exited ABB Ltd in Q2 2023, selling an estimated $112M.
- Northern Trust's ten largest holdings make up 23% of its $520B portfolio in Q2 2023.
- Northern Trust opened 107 new positions and closed 152 in Q2 2023.
- Northern Trust's portfolio value rose 3.2% quarter-over-quarter to $520B.
Based on Northern Trust's 13F filing for Q2 2023, filed 11 Aug 2023.