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 | |
|---|---|---|---|---|---|---|
701
American Financial Group
AFG
$12.2B
| $82M | 0.01% |
689,334
+53,947
| +8% | +$6.08M |
|
702
Bio-Rad Laboratories Class A
BIO
$9.3B
| $81.5M | 0.01% |
252,395
-9,265
| -4% | -$2.9M |
|
703
Crown Holdings
CCK
$13.3B
| $81.2M | 0.01% |
881,988
-38,625
| -4% | -$3.28M |
|
704
Canadian Natural Resources
CNQ
$93.3B
| $81M | 0.01% |
2,473,694
+1,390,214
| +128% | +$45M |
|
705
DaVita
DVA
$12B
| $80.7M | 0.01% |
770,707
-63,901
| -8% | -$5.9M |
|
706
Dick's Sporting Goods
DKS
$17.9B
| $80.7M | 0.01% |
549,028
-3,611
| -0.7% | -$439K |
|
707
DraftKings
DKNG
$10.8B
| $80.5M | 0.01% |
2,285,071
-65,292
| -3% | -$2.18M |
|
708
Repligen
RGEN
$8.95B
| $80.4M | 0.01% |
447,438
-24,481
| -5% | -$3.81M |
|
709
iShares MSCI EAFE Small-Cap ETF
SCZ
$13.6B
| $80.1M | 0.01% |
1,294,540
-5,172
| -0.4% | -$295K |
|
710
Fabrinet
FN
$18.7B
| $80M | 0.01% |
420,447
-30,631
| -7% | -$5.25M |
|
|
EXAS
711
DELISTED
Exact Sciences
EXAS
| $80M | 0.01% |
1,081,506
-46,870
| -4% | -$3.07M |
|
712
Fluor
FLR
$7.2B
| $79.7M | 0.01% |
2,033,995
+42,658
| +2% | +$1.58M |
|
713
Universal Display
OLED
$3.95B
| $79.4M | 0.01% |
414,995
-442
| -0.1% | -$73.1K |
|
714
GATX Corp
GATX
$6.34B
| $79.3M | 0.01% |
659,897
-3,572
| -0.5% | -$394K |
|
715
Essent Group
ESNT
$6.13B
| $79.1M | 0.01% |
1,500,571
+90,304
| +6% | +$4.42M |
|
|
PARA
716
DELISTED
Paramount Global Class B
PARA
| $79.1M | 0.01% |
5,350,126
+46,023
| +0.9% | +$616K |
|
717
Lincoln National
LNC
$8.98B
| $79M | 0.01% |
2,929,155
-62,256
| -2% | -$1.5M |
|
718
Casey's General Stores
CASY
$31.6B
| $78.9M | 0.01% |
287,052
+7,665
| +3% | +$2.1M |
|
719
Carlyle Group
CG
$17.9B
| $78.6M | 0.01% |
1,932,728
+361,264
| +23% | +$11.9M |
|
720
Cleveland-Cliffs
CLF
$7.22B
| $78.4M | 0.01% |
3,838,541
-152,800
| -4% | -$2.62M |
|
|
X
721
DELISTED
US Steel
X
| $78.3M | 0.01% |
1,609,785
+75,774
| +5% | +$2.76M |
|
722
ICICI Bank
IBN
$109B
| $78.2M | 0.01% |
3,279,268
-136,740
| -4% | -$3.15M |
|
723
HSBC
HSBC
$352B
| $78.1M | 0.01% |
1,927,144
+98,758
| +5% | +$3.82M |
|
724
Wynn Resorts
WYNN
$10.5B
| $78M | 0.01% |
855,907
-27,042
| -3% | -$2.4M |
|
725
Federal Realty Investment Trust
FRT
$10.6B
| $77.6M | 0.01% |
753,480
-270,978
| -26% | -$25.6M |
|
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.