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 | |
|---|---|---|---|---|---|---|
851
Dropbox
DBX
$7.49B
| $59.4M | 0.01% |
2,226,108
+662,616
| +42% | +$15.1M |
|
|
ITCI
852
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $59.4M | 0.01% |
937,488
+20,010
| +2% | +$1.25M |
|
853
Mohawk Industries
MHK
$7.29B
| $59.3M | 0.01% |
574,476
-10,894
| -2% | -$1.07M |
|
|
WCC
854
WESCO International
WCC
$16.7B
| $59.3M | 0.01% |
330,898
+57,782
| +21% | +$8.42M |
|
855
e.l.f. Beauty
ELF
$4.85B
| $59.2M | 0.01% |
518,314
+7,218
| +1% | +$695K |
|
856
Merit Medical Systems
MMSI
$4.97B
| $59.2M | 0.01% |
707,749
+29,724
| +4% | +$2.42M |
|
857
AGCO
AGCO
$7.76B
| $59.2M | 0.01% |
450,383
-15,442
| -3% | -$1.91M |
|
858
Vistra
VST
$50.1B
| $59.1M | 0.01% |
2,250,164
-311,197
| -12% | -$7.6M |
|
859
CACI
CACI
$10.5B
| $59M | 0.01% |
173,180
-9,660
| -5% | -$3M |
|
860
Middleby
MIDD
$6.03B
| $58.9M | 0.01% |
398,427
-13,375
| -3% | -$1.89M |
|
861
Fox Factory Holding Corp
FOXF
$747M
| $58.7M | 0.01% |
540,944
+2,638
| +0.5% | +$270K |
|
862
Fabrinet
FN
$15.7B
| $58.7M | 0.01% |
451,927
+12,236
| +3% | +$1.31M |
|
863
New Jersey Resources
NJR
$5.91B
| $58.5M | 0.01% |
1,239,057
+24,416
| +2% | +$1.23M |
|
864
FlexShares Credit-Scored US Corporate Bond Index Fund
SKOR
$730M
| $58.3M | 0.01% |
1,245,115
-9,038
| -0.7% | -$426K |
|
|
MZTI
865
The Marzetti Company
MZTI
$2.95B
| $58.3M | 0.01% |
290,030
-4,325
| -1% | -$877K |
|
866
Omega Healthcare
OHI
$15.1B
| $58.3M | 0.01% |
1,898,234
-241,259
| -11% | -$6.97M |
|
867
Royal Bank of Canada
RY
$292B
| $58.2M | 0.01% |
609,123
-31,073
| -5% | -$2.97M |
|
868
Range Resources
RRC
$9.24B
| $58M | 0.01% |
1,972,421
+122,186
| +7% | +$3.33M |
|
869
Gentex
GNTX
$5.03B
| $58M | 0.01% |
1,980,633
-126,267
| -6% | -$3.48M |
|
870
Black Hills Corp
BKH
$5.5B
| $57.5M | 0.01% |
953,931
+3,481
| +0.4% | +$221K |
|
871
Floor & Decor
FND
$5.98B
| $57.5M | 0.01% |
552,703
+14,900
| +3% | +$1.42M |
|
872
Affiliated Managers Group
AMG
$9.65B
| $57.5M | 0.01% |
383,292
+11,475
| +3% | +$1.64M |
|
873
Olin
OLN
$2.53B
| $57.3M | 0.01% |
1,115,710
+18,478
| +2% | +$983K |
|
|
NATI
874
DELISTED
National Instruments Corp
NATI
| $57.3M | 0.01% |
998,736
-137,350
| -12% | -$7.87M |
|
875
Southern Copper
SCCO
$145B
| $57.3M | 0.01% |
861,526
-254,068
| -23% | -$17.3M |
|
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.