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 | |
|---|---|---|---|---|---|---|
926
First Financial Bankshares
FFIN
$4.97B
| $56.2M | 0.01% |
1,853,283
+96,725
| +6% | +$2.56M |
|
927
Synaptics
SYNA
$3.99B
| $55.9M | 0.01% |
489,892
-9,030
| -2% | -$896K |
|
|
WCC
928
WESCO International
WCC
$18.1B
| $55.9M | 0.01% |
321,376
-1,216
| -0.4% | -$182K |
|
929
BWX Technologies
BWXT
$15.3B
| $55.9M | 0.01% |
728,237
+29,507
| +4% | +$2.27M |
|
930
Graphic Packaging
GPK
$3.51B
| $55.8M | 0.01% |
2,265,024
-11,293
| -0.5% | -$253K |
|
931
Morningstar
MORN
$7.37B
| $55.8M | 0.01% |
194,935
+3,164
| +2% | +$824K |
|
932
Axalta
AXTA
$8.03B
| $55.7M | 0.01% |
1,640,893
+2,045
| +0.1% | +$61.2K |
|
933
AGNC Investment
AGNC
$12.6B
| $55.6M | 0.01% |
5,668,516
+128,401
| +2% | +$1.13M |
|
934
ArcBest
ARCB
$3.02B
| $55.6M | 0.01% |
462,444
+4,354
| +1% | +$482K |
|
935
Vaxcyte
PCVX
$8.5B
| $55.5M | 0.01% |
884,268
-12,367
| -1% | -$642K |
|
|
WIRE
936
DELISTED
Encore Wire Corp
WIRE
| $55.5M | 0.01% |
259,811
-8,852
| -3% | -$1.69M |
|
937
Prosperity Bancshares
PB
$8.88B
| $55.5M | 0.01% |
819,165
+25,159
| +3% | +$1.47M |
|
938
Saic
SAIC
$5.25B
| $55.4M | 0.01% |
445,915
-182,674
| -29% | -$21.3M |
|
939
Hamilton Lane
HLNE
$5.43B
| $55.3M | 0.01% |
487,571
-7,659
| -2% | -$724K |
|
940
Goodyear
GT
$1.94B
| $55.3M | 0.01% |
3,859,553
-56,264
| -1% | -$748K |
|
941
CACI
CACI
$13.9B
| $55.3M | 0.01% |
170,643
+395
| +0.2% | +$128K |
|
|
ETRN
942
DELISTED
Equitrans Midstream Corporation Common Stock
ETRN
| $55.1M | 0.01% |
5,415,447
+8,317
| +0.2% | +$78.2K |
|
943
Silicon Laboratories
SLAB
$7.21B
| $55M | 0.01% |
415,815
-3,339
| -0.8% | -$365K |
|
944
FlexShares US Quality Low Volatility Index Fund
QLV
$167M
| $54.8M | 0.01% |
975,552
+15,913
| +2% | +$854K |
|
945
First Industrial Realty Trust
FR
$8.4B
| $54.8M | 0.01% |
1,039,863
-347,938
| -25% | -$16.2M |
|
946
HEICO Corp
HEI
$50.8B
| $54.8M | 0.01% |
306,106
-14,450
| -5% | -$2.45M |
|
947
Ralph Lauren
RL
$23.6B
| $54.7M | 0.01% |
379,590
-92,456
| -20% | -$11.4M |
|
948
SiriusXM
SIRI
$10.1B
| $54.7M | 0.01% |
999,352
-126,257
| -11% | -$6.07M |
|
949
Valley National Bancorp
VLY
$8B
| $54.6M | 0.01% |
5,027,126
-17,973
| -0.4% | -$161K |
|
950
AGCO
AGCO
$7.12B
| $54.5M | 0.01% |
448,593
+5,956
| +1% | +$696K |
|
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.