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 | |
|---|---|---|---|---|---|---|
|
WIRE
951
DELISTED
Encore Wire Corp
WIRE
| $51.4M | 0.01% |
276,404
-3,705
| -1% | -$627K |
|
952
Blackbaud
BLKB
$1.82B
| $51.4M | 0.01% |
721,680
+26,699
| +4% | +$1.88M |
|
953
Teradata
TDC
$2.88B
| $51.4M | 0.01% |
961,504
-12,847
| -1% | -$579K |
|
|
SKX
954
DELISTED
Skechers
SKX
| $51.3M | 0.01% |
974,491
-21,124
| -2% | -$1.08M |
|
955
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$21.9B
| $51.3M | 0.01% |
604,160
+26,850
| +5% | +$2.06M |
|
956
Wingstop
WING
$3.66B
| $51.1M | 0.01% |
255,481
-144,898
| -36% | -$28.3M |
|
957
MKS Inc
MKSI
$19.8B
| $51M | 0.01% |
471,545
+17,569
| +4% | +$1.61M |
|
958
American States Water
AWR
$3.37B
| $51M | 0.01% |
585,801
-7,501
| -1% | -$671K |
|
959
First Financial Bankshares
FFIN
$5B
| $50.9M | 0.01% |
1,788,129
+2,525
| +0.1% | +$71.7K |
|
960
Badger Meter
BMI
$3.78B
| $50.8M | 0.01% |
344,212
+7,113
| +2% | +$979K |
|
961
Old National Bancorp
ONB
$10.1B
| $50.8M | 0.01% |
3,643,310
-289,496
| -7% | -$3.85M |
|
962
CBIZ
CBZ
$3B
| $50.7M | 0.01% |
952,047
-211,190
| -18% | -$10.9M |
|
963
California Water Service
CWT
$3.02B
| $50.7M | 0.01% |
981,620
+26,869
| +3% | +$1.51M |
|
964
Mine Safety
MSA
$6.73B
| $50.7M | 0.01% |
291,310
-7,587
| -3% | -$1.09M |
|
|
CMA
965
DELISTED
Comerica
CMA
| $50.6M | 0.01% |
1,194,275
-3,388
| -0.3% | -$137K |
|
966
OneMain Financial
OMF
$7.32B
| $50.5M | 0.01% |
1,155,373
-116,328
| -9% | -$4.54M |
|
|
P
967
Everpure Inc
P
$25B
| $50.4M | 0.01% |
1,368,356
+23,582
| +2% | +$668K |
|
968
Aaon
AAON
$7.17B
| $50.3M | 0.01% |
795,872
+27,222
| +4% | +$1.72M |
|
969
BWX Technologies
BWXT
$15.2B
| $50.3M | 0.01% |
702,397
+262,722
| +60% | +$17.2M |
|
970
AerCap
AER
$24B
| $50.2M | 0.01% |
790,977
+51,009
| +7% | +$2.94M |
|
971
Murphy USA
MUSA
$11.4B
| $50.2M | 0.01% |
161,404
-97,744
| -38% | -$27.4M |
|
972
Cabot Corp
CBT
$4.55B
| $50.1M | 0.01% |
749,598
+26,606
| +4% | +$1.89M |
|
973
Tenable Holdings
TENB
$3.59B
| $50.1M | 0.01% |
1,150,033
+34,136
| +3% | +$1.39M |
|
|
SGI
974
Somnigroup International
SGI
$14.1B
| $50M | 0.01% |
1,247,720
-43,659
| -3% | -$1.64M |
|
975
Qiagen
QGEN
$8.55B
| $50M | 0.01% |
1,046,770
+2,869
| +0.3% | +$138K |
|
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.