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 | |
|---|---|---|---|---|---|---|
726
American Financial Group
AFG
$11.8B
| $72.5M | 0.01% |
610,757
-24,491
| -4% | -$2.89M |
|
727
DaVita
DVA
$15.3B
| $72.4M | 0.01% |
721,100
+86,256
| +14% | +$8M |
|
728
Norwegian Cruise Line
NCLH
$8.59B
| $72.4M | 0.01% |
3,325,049
-173,237
| -5% | -$2.65M |
|
729
Advanced Drainage Systems
WMS
$10.5B
| $72.4M | 0.01% |
635,923
+130,683
| +26% | +$12.3M |
|
730
H&R Block
HRB
$5.61B
| $72.3M | 0.01% |
2,268,134
-20,803
| -0.9% | -$672K |
|
731
HSBC
HSBC
$367B
| $72.3M | 0.01% |
1,823,993
+83,792
| +5% | +$3.13M |
|
732
NNN REIT
NNN
$9.16B
| $72.1M | 0.01% |
1,684,432
-83,062
| -5% | -$3.57M |
|
733
Thomson Reuters
TRI
$43.1B
| $72.1M | 0.01% |
525,836
+13,628
| +3% | +$1.83M |
|
734
HealthEquity
HQY
$8.44B
| $71.9M | 0.01% |
1,139,257
+14,945
| +1% | +$867K |
|
735
Casey's General Stores
CASY
$32.1B
| $71.9M | 0.01% |
294,951
+10,950
| +4% | +$2.48M |
|
736
Qualys
QLYS
$4.99B
| $71.9M | 0.01% |
556,684
-22,032
| -4% | -$2.71M |
|
737
Spotify
SPOT
$107B
| $71.8M | 0.01% |
446,909
+103,409
| +30% | +$15M |
|
738
Saic
SAIC
$4.89B
| $71.7M | 0.01% |
637,777
-16,248
| -2% | -$1.69M |
|
739
iShares S&P Mid-Cap 400 Value ETF
IJJ
$8.85B
| $71.7M | 0.01% |
669,135
-7,903
| -1% | -$803K |
|
740
Huntington Ingalls Industries
HII
$12.6B
| $71.7M | 0.01% |
314,872
-29,042
| -8% | -$6.03M |
|
|
AEL
741
DELISTED
American Equity Investment Life Holding Company
AEL
| $71.5M | 0.01% |
1,371,665
+51,165
| +4% | +$2.06M |
|
742
News Corp Class A
NWSA
$15.2B
| $71.1M | 0.01% |
3,648,564
-274,064
| -7% | -$4.97M |
|
743
Saia
SAIA
$9.33B
| $71.1M | 0.01% |
207,769
-177,838
| -46% | -$51.5M |
|
744
Jazz Pharmaceuticals
JAZZ
$16.2B
| $71.1M | 0.01% |
573,863
-42,308
| -7% | -$5.69M |
|
|
JHG
745
DELISTED
Janus Henderson
JHG
| $70.9M | 0.01% |
2,603,582
-99,447
| -4% | -$2.65M |
|
746
US Foods
USFD
$22.1B
| $70.7M | 0.01% |
1,607,934
+99,728
| +7% | +$3.96M |
|
747
Enbridge
ENB
$121B
| $70.7M | 0.01% |
1,902,453
-82,518
| -4% | -$3.15M |
|
748
Axcelis
ACLS
$3.85B
| $70.5M | 0.01% |
384,782
+6,083
| +2% | +$876K |
|
|
WRK
749
DELISTED
WestRock Company
WRK
| $70.4M | 0.01% |
2,421,865
-285,488
| -11% | -$8.28M |
|
750
Onto Innovation
ONTO
$12.5B
| $70.3M | 0.01% |
603,710
-2,955
| -0.5% | -$282K |
|
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.