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 | |
|---|---|---|---|---|---|---|
576
Allegion
ALLE
$13.4B
| $106M | 0.02% |
881,062
-133,623
| -13% | -$14.6M |
|
577
Simpson Manufacturing
SSD
$7.68B
| $106M | 0.02% |
763,037
-16,188
| -2% | -$1.99M |
|
578
RPM International
RPM
$13.8B
| $105M | 0.02% |
1,175,702
-44,944
| -4% | -$3.69M |
|
579
SolarEdge
SEDG
$2.54B
| $105M | 0.02% |
391,765
-17,557
| -4% | -$5.03M |
|
580
Dentsply Sirona
XRAY
$2.75B
| $105M | 0.02% |
2,628,504
-182,699
| -6% | -$7.26M |
|
581
Pentair
PNR
$10.6B
| $105M | 0.02% |
1,626,215
-136,243
| -8% | -$7.84M |
|
582
Bath & Body Works
BBWI
$4.02B
| $105M | 0.02% |
2,792,742
-213,852
| -7% | -$7.82M |
|
583
iShares Russell 2000 Growth ETF
IWO
$14.4B
| $104M | 0.02% |
430,615
+6,164
| +1% | +$1.41M |
|
584
Pinnacle West Capital
PNW
$12.3B
| $104M | 0.02% |
1,281,034
+266,096
| +26% | +$21.2M |
|
585
Match Group
MTCH
$9.17B
| $104M | 0.02% |
2,482,254
-54,744
| -2% | -$2M |
|
586
NiSource
NI
$21.6B
| $104M | 0.02% |
3,791,358
-173,882
| -4% | -$4.83M |
|
587
Fortune Brands Innovations
FBIN
$5.88B
| $103M | 0.02% |
1,429,702
+104,627
| +8% | +$6.66M |
|
588
BioMarin Pharmaceuticals
BMRN
$11.7B
| $102M | 0.02% |
1,176,119
-129,319
| -10% | -$12.2M |
|
589
LPL Financial
LPLA
$27.1B
| $102M | 0.02% |
467,003
-39,904
| -8% | -$7.99M |
|
590
Commercial Metals
CMC
$7.57B
| $101M | 0.02% |
1,927,410
-833
| -0% | -$38.9K |
|
591
Aecom
ACM
$9.22B
| $101M | 0.02% |
1,197,827
+26,028
| +2% | +$2.13M |
|
|
JNPR
592
DELISTED
Juniper Networks
JNPR
| $101M | 0.02% |
3,226,104
-232,482
| -7% | -$7.16M |
|
593
Brixmor Property Group
BRX
$9.67B
| $101M | 0.02% |
4,581,498
+117,111
| +3% | +$2.44M |
|
594
Zoom
ZM
$27.1B
| $101M | 0.02% |
1,482,393
+24,836
| +2% | +$1.66M |
|
|
EXAS
595
DELISTED
Exact Sciences
EXAS
| $101M | 0.02% |
1,070,953
-10,862
| -1% | -$847K |
|
596
Chemed
CHE
$7.1B
| $100M | 0.02% |
185,082
+2,520
| +1% | +$1.38M |
|
597
Roblox
RBLX
$34.8B
| $100M | 0.02% |
2,483,405
+78,649
| +3% | +$3.16M |
|
598
Universal Health Services
UHS
$9.88B
| $99.9M | 0.02% |
633,000
-41,535
| -6% | -$5.79M |
|
599
Power Integrations
POWI
$3.39B
| $99.8M | 0.02% |
1,053,908
+413
| +0% | +$34.5K |
|
600
Seagate
STX
$193B
| $99.7M | 0.02% |
1,611,382
-500,161
| -24% | -$30.5M |
|
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.