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 |
Uber
UBER
|
+$265M |
| 2 |
Vanguard Short-Term Bond ETF
BSV
|
+$245M |
| 3 |
State Street SPDR S&P Global Natural Resources ETF
GNR
|
+$209M |
| 4 |
iShares Core S&P 500 ETF
IVV
|
+$202M |
| 5 |
Veralto
VLTO
|
+$188M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$1.25B |
| 2 |
Apple
AAPL
|
+$1.25B |
| 3 |
ATVI
Activision Blizzard
ATVI
|
+$717M |
| 4 |
Eli Lilly
LLY
|
+$599M |
| 5 |
NVIDIA
NVDA
|
+$553M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 25.83% |
| 2 | Healthcare | 11.57% |
| 3 | Financials | 11.46% |
| 4 | Consumer Discretionary | 9.84% |
| 5 | Industrials | 8.44% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
576
MGM Resorts International
MGM
$11.4B
| $114M | 0.02% |
2,559,483
-150,595
| -6% | -$5.91M |
|
577
FlexShares STOXX Global ESG Select Index Fund
ESGG
$114M
| $114M | 0.02% |
763,068
-15,905
| -2% | -$2.23M |
|
578
Invesco QQQ Trust
QQQ
$480B
| $114M | 0.02% |
277,932
-6,416
| -2% | -$2.44M |
|
579
Charles River Laboratories
CRL
$12.6B
| $114M | 0.02% |
480,386
-17,081
| -3% | -$3.36M |
|
580
Bath & Body Works
BBWI
$4.19B
| $113M | 0.02% |
2,624,838
+40,816
| +2% | +$1.38M |
|
581
Tapestry
TPR
$32.2B
| $113M | 0.02% |
3,064,474
-123,614
| -4% | -$3.81M |
|
582
CarMax
KMX
$8.04B
| $112M | 0.02% |
1,465,682
-105,311
| -7% | -$7.08M |
|
583
Campbell Soup
CPB
$6.87B
| $112M | 0.02% |
2,600,690
-245,241
| -9% | -$10.1M |
|
584
Camden Property Trust
CPT
$11.1B
| $112M | 0.02% |
1,124,991
-195,708
| -15% | -$18.1M |
|
585
Zoom
ZM
$29.5B
| $112M | 0.02% |
1,552,920
-13,359
| -0.9% | -$883K |
|
586
Landstar System
LSTR
$6.09B
| $112M | 0.02% |
576,309
-3,024
| -0.5% | -$535K |
|
587
Rambus
RMBS
$10.6B
| $111M | 0.02% |
1,628,354
+113,076
| +7% | +$7.04M |
|
588
BioMarin Pharmaceuticals
BMRN
$11.6B
| $111M | 0.02% |
1,150,783
-69,031
| -6% | -$6.11M |
|
589
Fortune Brands Innovations
FBIN
$6.24B
| $111M | 0.02% |
1,453,867
-200,664
| -12% | -$13.2M |
|
590
Amcor
AMCR
$22.1B
| $110M | 0.02% |
2,289,110
-40,977
| -2% | -$1.88M |
|
591
iShares Russell 2000 Growth ETF
IWO
$14.9B
| $110M | 0.02% |
437,255
+3,607
| +0.8% | +$813K |
|
592
Burlington
BURL
$23.2B
| $110M | 0.02% |
566,416
+121,780
| +27% | +$18.2M |
|
593
Qualys
QLYS
$6.34B
| $110M | 0.02% |
560,117
-10,840
| -2% | -$1.9M |
|
594
Aecom
ACM
$9.63B
| $109M | 0.02% |
1,183,187
+11,788
| +1% | +$1M |
|
595
Sun Communities
SUI
$14.7B
| $109M | 0.02% |
817,839
-256,727
| -24% | -$30.9M |
|
596
Teleflex
TFX
$6.06B
| $108M | 0.02% |
434,205
-22,965
| -5% | -$4.91M |
|
597
MarketAxess Holdings
MKTX
$5.71B
| $108M | 0.02% |
368,363
-18,630
| -5% | -$4.51M |
|
598
Toyota
TM
$220B
| $108M | 0.02% |
586,826
+10,463
| +2% | +$1.91M |
|
599
UBS Group
UBS
$176B
| $108M | 0.02% |
3,481,227
+1,574,049
| +83% | +$41.4M |
|
600
Chemed
CHE
$7.14B
| $107M | 0.02% |
183,724
+2,144
| +1% | +$1.2M |
|
Similar funds
Northern Trust's Q4 2023 Portfolio in Review
As of Q4 2023, Northern Trust held 4,645 positions worth $552B, up 7% from $516B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Northern Trust withdrew a net $19.7B in Q4 2023, closing 173 positions and reducing 1,979 holdings. Its most notable exit was Activision Blizzard, an estimated $717M position sold in full.
By sector, the portfolio is most concentrated in Technology at 26% of assets, up from 25% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Northern Trust opened a new position in Dimensional International Core Equity Market ETF worth $23.2M.
- Northern Trust's largest Q4 2023 buy was Dimensional International Core Equity Market ETF: 810,491 shares worth $23.2M.
- Northern Trust added most to Uber in Q4 2023, an estimated $265M increase.
- Northern Trust's biggest Q4 2023 reduction was Microsoft, cutting an estimated $1.25B.
- Northern Trust fully exited Activision Blizzard in Q4 2023, selling an estimated $717M.
- Northern Trust's ten largest holdings make up 23% of its $552B portfolio in Q4 2023.
- Northern Trust opened 181 new positions and closed 173 in Q4 2023.
- Northern Trust's portfolio value rose 7% quarter-over-quarter to $552B.
Based on Northern Trust's 13F filing for Q4 2023, filed 13 Feb 2024.