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 | |
|---|---|---|---|---|---|---|
426
Canadian Pacific Kansas City
CP
$81B
| $186M | 0.04% |
2,299,313
-49,889
| -2% | -$3.94M |
|
427
UDR
UDR
$12.8B
| $185M | 0.04% |
4,315,058
-27,088
| -0.6% | -$1.11M |
|
428
Insulet
PODD
$11.8B
| $183M | 0.04% |
633,793
-22,487
| -3% | -$6.83M |
|
429
iShares MSCI Emerging Markets ex China ETF
EMXC
$22.1B
| $182M | 0.03% |
3,495,333
+697,979
| +25% | +$35.4M |
|
430
Wabtec
WAB
$49.3B
| $181M | 0.03% |
1,654,012
-90,321
| -5% | -$8.97M |
|
431
Teradyne
TER
$50B
| $181M | 0.03% |
1,626,973
-143,081
| -8% | -$14.3M |
|
432
Pultegroup
PHM
$25.2B
| $181M | 0.03% |
2,324,794
-221,096
| -9% | -$15M |
|
|
PPL
433
PPL Corp
PPL
$26.9B
| $180M | 0.03% |
6,805,270
-549,558
| -7% | -$15.2M |
|
434
FlexShares Global Quality Real Estate Index Fund
GQRE
$432M
| $179M | 0.03% |
3,369,744
-104,660
| -3% | -$5.51M |
|
435
iShares Core MSCI EAFE ETF
IEFA
$186B
| $179M | 0.03% |
2,644,729
-295,109
| -10% | -$20M |
|
436
Atmos Energy
ATO
$29.7B
| $178M | 0.03% |
1,531,539
-87,939
| -5% | -$10.2M |
|
437
First Solar
FSLR
$21.4B
| $177M | 0.03% |
929,340
-18,326
| -2% | -$3.63M |
|
438
Healthpeak Properties
DOC
$15.5B
| $176M | 0.03% |
8,766,390
-85,791
| -1% | -$1.78M |
|
439
Ball Corp
BALL
$17.5B
| $176M | 0.03% |
3,023,647
-45,391
| -1% | -$2.46M |
|
440
CMS Energy
CMS
$23.3B
| $176M | 0.03% |
2,994,900
-146,154
| -5% | -$8.82M |
|
441
Southwest Airlines
LUV
$21.7B
| $175M | 0.03% |
4,834,844
-42,913
| -0.9% | -$1.35M |
|
442
Veeva Systems
VEEV
$33.8B
| $175M | 0.03% |
885,235
-24,189
| -3% | -$4.41M |
|
443
MongoDB
MDB
$25.8B
| $175M | 0.03% |
424,765
-18,531
| -4% | -$5.4M |
|
444
Targa Resources
TRGP
$56.8B
| $175M | 0.03% |
2,293,913
-46,117
| -2% | -$3.35M |
|
445
Hubbell
HUBB
$24.4B
| $174M | 0.03% |
524,212
-5,776
| -1% | -$1.6M |
|
446
Reliance Steel & Aluminium
RS
$20.6B
| $173M | 0.03% |
637,830
+93,827
| +17% | +$23.2M |
|
|
MRO
447
DELISTED
Marathon Oil Corporation
MRO
| $173M | 0.03% |
7,495,621
-1,143,951
| -13% | -$26.9M |
|
448
Molina Healthcare
MOH
$10.4B
| $173M | 0.03% |
572,645
-27,801
| -5% | -$7.99M |
|
449
NetApp
NTAP
$34B
| $172M | 0.03% |
2,251,968
-93,121
| -4% | -$6.29M |
|
|
SGEN
450
DELISTED
Seagen Inc. Common Stock
SGEN
| $172M | 0.03% |
892,476
-10,835
| -1% | -$2.15M |
|
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.