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 |
GE HealthCare
GEHC
|
+$258M |
| 2 |
FlexShares Global Upstream Natural Resources Index Fund
GUNR
|
+$198M |
| 3 |
Costco
COST
|
+$104M |
| 4 |
Vanguard FTSE Developed Markets ETF
VEA
|
+$104M |
| 5 |
iShares Core S&P 500 ETF
IVV
|
+$99.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
GE Aerospace
GE
|
+$265M |
| 2 |
PACCAR
PCAR
|
+$231M |
| 3 |
Apple
AAPL
|
+$169M |
| 4 |
SIVB
SVB Financial Group
SIVB
|
+$160M |
| 5 |
Amazon
AMZN
|
+$146M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 23.6% |
| 2 | Healthcare | 12.95% |
| 3 | Financials | 11.15% |
| 4 | Consumer Discretionary | 9.47% |
| 5 | Industrials | 8.45% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
501
Regency Centers
REG
$14.7B
| $141M | 0.03% |
2,299,089
-128,727
| -5% | -$8.1M |
|
502
Etsy
ETSY
$7.89B
| $140M | 0.03% |
1,256,799
-6,359
| -0.5% | -$789K |
|
503
Reliance Steel & Aluminium
RS
$20.5B
| $140M | 0.03% |
544,003
+65,864
| +14% | +$15.5M |
|
504
Amcor
AMCR
$20.9B
| $140M | 0.03% |
2,453,972
+404
| +0% | +$23.1K |
|
505
Seagate
STX
$193B
| $140M | 0.03% |
2,111,543
-48,391
| -2% | -$3.08M |
|
506
Loews
L
$23.9B
| $139M | 0.03% |
2,404,233
-18,229
| -0.8% | -$1.08M |
|
507
Jacobs Solutions
J
$15.7B
| $139M | 0.03% |
1,431,310
-27,455
| -2% | -$2.74M |
|
508
PTC
PTC
$15.7B
| $139M | 0.03% |
1,082,808
+37,608
| +4% | +$4.78M |
|
509
iShares MSCI Emerging Markets ex China ETF
EMXC
$23.2B
| $138M | 0.03% |
2,797,354
+278,657
| +11% | +$13.8M |
|
|
CTLT
510
DELISTED
CATALENT, INC.
CTLT
| $137M | 0.03% |
2,091,322
+199,884
| +11% | +$12.4M |
|
511
Tapestry
TPR
$30.8B
| $137M | 0.03% |
3,169,844
-123,792
| -4% | -$5.31M |
|
512
Trimble
TRMB
$13.3B
| $136M | 0.03% |
2,598,039
-66,218
| -2% | -$3.53M |
|
513
Pool Corp
POOL
$6.95B
| $136M | 0.03% |
396,709
-1,361
| -0.3% | -$483K |
|
514
HubSpot
HUBS
$11.9B
| $136M | 0.03% |
316,667
-1,859
| -0.6% | -$678K |
|
515
International Paper
IP
$22.8B
| $135M | 0.03% |
3,730,868
-130,761
| -3% | -$4.84M |
|
516
MGM Resorts International
MGM
$11.7B
| $134M | 0.03% |
3,016,574
-38,316
| -1% | -$1.59M |
|
517
Jack Henry & Associates
JKHY
$11B
| $133M | 0.03% |
881,931
-43,545
| -5% | -$7.27M |
|
518
BorgWarner
BWA
$13.2B
| $132M | 0.03% |
3,064,301
+41,014
| +1% | +$1.7M |
|
|
AXON
519
Axon Enterprise
AXON
$42.3B
| $130M | 0.03% |
578,075
+62,623
| +12% | +$12.5M |
|
520
KeyCorp
KEY
$24.2B
| $129M | 0.03% |
10,306,380
-83,095
| -0.8% | -$1.4M |
|
521
Hubbell
HUBB
$25B
| $129M | 0.03% |
529,988
+57,927
| +12% | +$13.9M |
|
|
PARA
522
DELISTED
Paramount Global Class B
PARA
| $129M | 0.03% |
5,765,234
-123
| -0% | -$2.64K |
|
523
Textron
TXT
$15B
| $129M | 0.03% |
1,820,686
-5,472
| -0.3% | -$390K |
|
524
iShares Floating Rate Bond ETF
FLOT
$10.2B
| $128M | 0.03% |
2,547,996
-201,148
| -7% | -$10.1M |
|
525
Brown & Brown
BRO
$23.7B
| $128M | 0.03% |
2,234,727
+15,111
| +0.7% | +$868K |
|
Similar funds
Northern Trust's Q1 2023 Portfolio in Review
As of Q1 2023, Northern Trust held 4,718 positions worth $504B, up 5.8% from $477B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Trading was light in Q1 2023: portfolio turnover was 4.5%. Northern Trust opened 74 new positions and exited 138, leaving the 4,718-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 24% of assets, up from 21% a quarter earlier, followed by Healthcare and Financials.
- Northern Trust's largest Q1 2023 buy was GE HealthCare: 3,613,427 shares worth $296M.
- Northern Trust added most to FlexShares Global Upstream Natural Resources Index Fund in Q1 2023, an estimated $198M increase.
- Northern Trust's biggest Q1 2023 reduction was GE Aerospace, cutting an estimated $265M.
- Northern Trust fully exited SVB Financial Group in Q1 2023, selling an estimated $160M.
- Northern Trust's ten largest holdings make up 21% of its $504B portfolio in Q1 2023.
- Northern Trust opened 74 new positions and closed 138 in Q1 2023.
- Northern Trust's portfolio value rose 5.8% quarter-over-quarter to $504B.
Based on Northern Trust's 13F filing for Q1 2023, filed 15 May 2023.