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 | |
|---|---|---|---|---|---|---|
926
Dell
DELL
$262B
| $53.1M | 0.01% |
981,579
-694,369
| -41% | -$32M |
|
927
Omnicell
OMCL
$1.69B
| $53.1M | 0.01% |
720,613
+19,605
| +3% | +$1.32M |
|
928
Group 1 Automotive
GPI
$3.53B
| $53.1M | 0.01% |
205,616
-412
| -0.2% | -$94.7K |
|
|
ETRN
929
DELISTED
Equitrans Midstream Corporation Common Stock
ETRN
| $53M | 0.01% |
5,546,747
+194,596
| +4% | +$1.31M |
|
930
Amkor Technology
AMKR
$12B
| $52.9M | 0.01% |
1,779,448
-7,165
| -0.4% | -$174K |
|
|
SRC
931
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
| $52.9M | 0.01% |
1,342,056
-57,807
| -4% | -$2.24M |
|
932
Ziff Davis
ZD
$1.94B
| $52.8M | 0.01% |
753,702
+21,448
| +3% | +$1.47M |
|
933
Ingredion
INGR
$6.33B
| $52.7M | 0.01% |
497,001
-9,651
| -2% | -$1.03M |
|
934
Louisiana-Pacific
LPX
$5.02B
| $52.7M | 0.01% |
702,213
-39,036
| -5% | -$2.41M |
|
935
Terex
TEX
$7.11B
| $52.6M | 0.01% |
879,968
+12,517
| +1% | +$621K |
|
936
FlexShares US Quality Low Volatility Index Fund
QLV
$164M
| $52.6M | 0.01% |
984,280
-75,197
| -7% | -$3.92M |
|
937
GSK
GSK
$104B
| $52.6M | 0.01% |
1,475,130
+53,406
| +4% | +$1.92M |
|
938
AGNC Investment
AGNC
$12.7B
| $52.6M | 0.01% |
5,187,730
-717,035
| -12% | -$6.97M |
|
939
Alkermes
ALKS
$8.39B
| $52.4M | 0.01% |
1,675,342
+41,512
| +3% | +$1.26M |
|
940
Franklin Electric
FELE
$4.57B
| $52.4M | 0.01% |
509,329
+3,284
| +0.6% | +$308K |
|
941
Alaska Air
ALK
$5.27B
| $52.3M | 0.01% |
983,191
-14,876
| -1% | -$676K |
|
942
Noble Corp
NE
$6.62B
| $52.3M | 0.01% |
1,265,107
+218,309
| +21% | +$8.41M |
|
943
CNO Financial Group
CNO
$4.99B
| $52.2M | 0.01% |
2,207,328
-4,761
| -0.2% | -$106K |
|
|
ISEE
944
DELISTED
IVERIC bio, Inc. Common Stock
ISEE
| $52.2M | 0.01% |
1,327,363
+24,641
| +2% | +$870K |
|
945
Boise Cascade
BCC
$2.65B
| $52.2M | 0.01% |
577,438
+6,450
| +1% | +$471K |
|
946
MasTec
MTZ
$25.6B
| $51.9M | 0.01% |
439,878
-14,530
| -3% | -$1.42M |
|
947
First Horizon
FHN
$12.1B
| $51.9M | 0.01% |
4,602,708
-556,482
| -11% | -$7.46M |
|
948
Toronto Dominion Bank
TD
$198B
| $51.7M | 0.01% |
833,813
+2,415
| +0.3% | +$145K |
|
949
XPO
XPO
$23.4B
| $51.6M | 0.01% |
874,395
+9,217
| +1% | +$417K |
|
950
Adient
ADNT
$1.72B
| $51.6M | 0.01% |
1,346,170
-15,191
| -1% | -$562K |
|
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.