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 | |
|---|---|---|---|---|---|---|
1001
BlackLine
BL
$1.76B
| $50.6M | 0.01% |
810,178
+22,889
| +3% | +$1.29M |
|
1002
Affirm
AFRM
$25.6B
| $50.5M | 0.01% |
1,027,845
+24,940
| +2% | +$721K |
|
|
KRTX
1003
DELISTED
Karuna Therapeutics, Inc. Common Stock
KRTX
| $50.4M | 0.01% |
159,328
+1,767
| +1% | +$343K |
|
1004
Essential Properties Realty Trust
EPRT
$6.62B
| $50.4M | 0.01% |
1,972,841
-87,283
| -4% | -$2.02M |
|
1005
Crane Co
CR
$12.6B
| $50.4M | 0.01% |
426,707
-22,252
| -5% | -$2.24M |
|
1006
Visteon
VC
$2.75B
| $50.4M | 0.01% |
403,410
-5,118
| -1% | -$633K |
|
1007
Southwest Gas
SWX
$6.69B
| $50.3M | 0.01% |
793,938
-36,308
| -4% | -$2.18M |
|
1008
M/I Homes
MHO
$3.71B
| $50.2M | 0.01% |
364,687
-775
| -0.2% | -$77.5K |
|
1009
Apple Hospitality REIT
APLE
$3.77B
| $50.2M | 0.01% |
3,020,862
-99,426
| -3% | -$1.61M |
|
1010
Sea Limited
SE
$68B
| $50M | 0.01% |
1,235,415
-234,346
| -16% | -$9.56M |
|
1011
Belden
BDC
$5.05B
| $50M | 0.01% |
647,663
-12,264
| -2% | -$911K |
|
1012
California Water Service
CWT
$3.06B
| $50M | 0.01% |
963,612
-61,293
| -6% | -$3.08M |
|
1013
Black Hills Corp
BKH
$5.54B
| $50M | 0.01% |
926,246
-31,610
| -3% | -$1.62M |
|
1014
Matsons
MATX
$6.17B
| $49.9M | 0.01% |
455,325
-1,066
| -0.2% | -$101K |
|
|
SWAV
1015
DELISTED
Shockwave Medical, Inc. Common Stock
SWAV
| $49.9M | 0.01% |
261,773
-445
| -0.2% | -$84.1K |
|
1016
MKS Inc
MKSI
$19.7B
| $49.8M | 0.01% |
483,904
+3,187
| +0.7% | +$259K |
|
1017
WillScot Mobile Mini Holdings
WSC
$4.67B
| $49.7M | 0.01% |
1,115,762
-66,701
| -6% | -$2.7M |
|
1018
Walker & Dunlop
WD
$1.52B
| $49.5M | 0.01% |
445,933
+32,459
| +8% | +$2.67M |
|
1019
Innospec
IOSP
$2.25B
| $49.5M | 0.01% |
401,422
+71
| +0% | +$7.56K |
|
1020
Albertsons Companies
ACI
$5.86B
| $49.4M | 0.01% |
2,149,673
+52,788
| +3% | +$1.17M |
|
1021
Varonis Systems
VRNS
$4.87B
| $49.4M | 0.01% |
1,091,530
-5,978
| -0.5% | -$225K |
|
1022
Carpenter Technology
CRS
$27.7B
| $49.4M | 0.01% |
697,257
-48,115
| -6% | -$3.24M |
|
1023
Terex
TEX
$7.47B
| $49.3M | 0.01% |
858,169
-6,279
| -0.7% | -$325K |
|
1024
TechnipFMC
FTI
$27.3B
| $49.2M | 0.01% |
2,444,986
-35,351
| -1% | -$724K |
|
1025
Louisiana-Pacific
LPX
$5.3B
| $49.2M | 0.01% |
694,890
+33,459
| +5% | +$2M |
|
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.