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 | |
|---|---|---|---|---|---|---|
|
AIRC
801
DELISTED
Apartment Income REIT Corp.
AIRC
| $64.2M | 0.01% |
1,779,619
-184,196
| -9% | -$6.56M |
|
802
Tenet Healthcare
THC
$21.8B
| $64.1M | 0.01% |
787,907
-82,185
| -9% | -$5.85M |
|
803
Ryman Hospitality Properties
RHP
$8.41B
| $64.1M | 0.01% |
689,877
+119,252
| +21% | +$11M |
|
804
BILL Holdings
BILL
$4.52B
| $64.1M | 0.01% |
548,420
-10,673
| -2% | -$1.01M |
|
805
State Street Financial Select Sector SPDR ETF
XLF
$56.8B
| $64M | 0.01% |
1,899,349
-64,192
| -3% | -$2.1M |
|
806
TotalEnergies
TTE
$193B
| $64M | 0.01% |
1,110,766
-93,240
| -8% | -$5.64M |
|
807
State Street Health Care Select Sector SPDR ETF
XLV
$42.2B
| $64M | 0.01% |
482,136
+11,605
| +2% | +$1.53M |
|
808
Radian Group
RDN
$5.16B
| $64M | 0.01% |
2,530,197
-27,416
| -1% | -$674K |
|
809
SEI Investments
SEIC
$12.4B
| $64M | 0.01% |
1,072,840
-24,772
| -2% | -$1.44M |
|
810
Okta
OKTA
$24.4B
| $63.6M | 0.01% |
917,149
-63,249
| -6% | -$4.8M |
|
811
PBF Energy
PBF
$8.65B
| $63.5M | 0.01% |
1,552,261
+83,461
| +6% | +$3.17M |
|
812
nVent Electric
NVT
$23.4B
| $63.5M | 0.01% |
1,229,603
-36,619
| -3% | -$1.63M |
|
813
Applied Industrial Technologies
AIT
$12.6B
| $63.5M | 0.01% |
438,493
-17,414
| -4% | -$2.32M |
|
814
Atkore
ATKR
$2.4B
| $63.3M | 0.01% |
406,233
+5,882
| +1% | +$771K |
|
815
Wyndham Hotels & Resorts
WH
$5.65B
| $63.3M | 0.01% |
922,547
-70,949
| -7% | -$4.84M |
|
816
Jefferies Financial Group
JEF
$12.7B
| $63.2M | 0.01% |
1,904,276
+76,724
| +4% | +$2.39M |
|
|
SF
817
Stifel
SF
$12.5B
| $63M | 0.01% |
1,584,116
-32,451
| -2% | -$1.27M |
|
818
Lithia Motors
LAD
$9.24B
| $63M | 0.01% |
207,147
-25,924
| -11% | -$6.21M |
|
819
Casella Waste Systems
CWST
$5.69B
| $62.9M | 0.01% |
695,453
+48,075
| +7% | +$4.29M |
|
820
HNI Corp
HNI
$3.14B
| $62.9M | 0.01% |
2,231,338
+25,133
| +1% | +$668K |
|
821
Ally Financial
ALLY
$13.2B
| $62.8M | 0.01% |
2,326,761
-420,106
| -15% | -$11.2M |
|
822
Littelfuse
LFUS
$11.2B
| $62.4M | 0.01% |
214,040
+8,059
| +4% | +$2.11M |
|
823
Commerce Bancshares
CBSH
$8.55B
| $62.3M | 0.01% |
1,481,975
-106,739
| -7% | -$4.73M |
|
|
LTHM
824
DELISTED
Livent Corporation
LTHM
| $62.3M | 0.01% |
2,271,527
+49,294
| +2% | +$1.18M |
|
825
Texas Roadhouse
TXRH
$13.7B
| $61.9M | 0.01% |
551,361
-302,237
| -35% | -$33.2M |
|
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.