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 | |
|---|---|---|---|---|---|---|
1026
Perrigo
PRGO
$1.74B
| $49.2M | 0.01% |
1,528,246
-54,485
| -3% | -$1.63M |
|
|
AZPN
1027
DELISTED
Aspen Technology Inc
AZPN
| $49.1M | 0.01% |
222,827
-12,274
| -5% | -$2.36M |
|
1028
Franklin Electric
FELE
$4.83B
| $49M | 0.01% |
507,139
-5,623
| -1% | -$505K |
|
|
SEE
1029
DELISTED
Sealed Air
SEE
| $49M | 0.01% |
1,340,774
-522,977
| -28% | -$17.1M |
|
1030
Commault Systems
CVLT
$5.53B
| $49M | 0.01% |
613,027
-11,438
| -2% | -$817K |
|
1031
Carvana
CVNA
$75.1B
| $48.9M | 0.01% |
4,616,600
+174,075
| +4% | +$1.3M |
|
|
SRC
1032
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
| $48.8M | 0.01% |
1,117,578
-215,152
| -16% | -$8.3M |
|
1033
Axcelis
ACLS
$4.2B
| $48.7M | 0.01% |
375,588
-16,789
| -4% | -$2.31M |
|
1034
Vishay Intertechnology
VSH
$5.03B
| $48.7M | 0.01% |
2,030,184
+39,973
| +2% | +$927K |
|
1035
Canadian National Railway
CNI
$76.5B
| $48.7M | 0.01% |
387,254
-17,686
| -4% | -$2M |
|
|
UCB
1036
United Community Banks
UCB
$4.28B
| $48.3M | 0.01% |
1,650,787
-263,137
| -14% | -$6.72M |
|
1037
Blackstone Mortgage Trust
BXMT
$2.33B
| $48.3M | 0.01% |
2,269,669
+50,831
| +2% | +$1.1M |
|
1038
Ciena
CIEN
$57.2B
| $48.2M | 0.01% |
1,071,087
+6,898
| +0.6% | +$304K |
|
1039
MSC Industrial Direct
MSM
$6.92B
| $48M | 0.01% |
474,330
-13,857
| -3% | -$1.37M |
|
1040
Adient
ADNT
$1.48B
| $48M | 0.01% |
1,318,825
-5,926
| -0.4% | -$203K |
|
|
AL
1041
DELISTED
Air Lease Corp
AL
| $47.7M | 0.01% |
1,138,078
+56,008
| +5% | +$2.12M |
|
|
MZTI
1042
The Marzetti Company
MZTI
$3.02B
| $47.7M | 0.01% |
286,631
-2,158
| -0.7% | -$363K |
|
1043
Verra Mobility
VRRM
$778M
| $47.6M | 0.01% |
2,066,722
+2,586
| +0.1% | +$53K |
|
1044
Mine Safety
MSA
$7.48B
| $47.5M | 0.01% |
281,291
-1,641
| -0.6% | -$267K |
|
1045
Abercrombie & Fitch
ANF
$4.91B
| $47.5M | 0.01% |
538,171
-8,411
| -2% | -$598K |
|
1046
Vanguard Morningstar Growth ETF
VUG
$229B
| $47.3M | 0.01% |
912,942
-45,576
| -5% | -$2.2M |
|
1047
Marathon Digital Holdings
MARA
$4.06B
| $47.2M | 0.01% |
2,011,439
+381,230
| +23% | +$4.81M |
|
1048
Shopify
SHOP
$191B
| $47.2M | 0.01% |
606,341
+67,876
| +13% | +$4.33M |
|
1049
Bank OZK
OZK
$5.63B
| $47.1M | 0.01% |
946,018
+3,244
| +0.3% | +$134K |
|
1050
California Resources
CRC
$4.67B
| $47.1M | 0.01% |
860,785
-11,388
| -1% | -$599K |
|
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.