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 |
Illinois Tool Works
ITW
|
+$224M |
| 2 |
iShares Core S&P 500 ETF
IVV
|
+$199M |
| 3 |
Vanguard Short-Term Bond ETF
BSV
|
+$129M |
| 4 |
Vanguard S&P 500 ETF
VOO
|
+$116M |
| 5 |
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
|
+$102M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.44B |
| 2 |
Microsoft
MSFT
|
+$1.15B |
| 3 |
NVIDIA
NVDA
|
+$628M |
| 4 |
Amazon
AMZN
|
+$524M |
| 5 |
Tesla
TSLA
|
+$355M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.4% |
| 2 | Financials | 11.58% |
| 3 | Healthcare | 11.43% |
| 4 | Consumer Discretionary | 9.44% |
| 5 | Industrials | 8.48% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
ALTR
1051
DELISTED
Altair Engineering Inc
ALTR
| $46.1M | 0.01% |
534,746
-4,857
| -0.9% | -$413K |
|
1052
Unifirst Corp
UNF
$5.3B
| $46M | 0.01% |
265,062
-13,819
| -5% | -$2.35M |
|
1053
Carpenter Technology
CRS
$25.8B
| $45.9M | 0.01% |
642,679
-54,578
| -8% | -$3.57M |
|
1054
State Street Industrial Select Sector SPDR ETF
XLI
$32.8B
| $45.9M | 0.01% |
364,092
+16,001
| +5% | +$1.88M |
|
1055
California Water Service
CWT
$3.1B
| $45.8M | 0.01% |
984,820
+21,208
| +2% | +$994K |
|
1056
Liberty Broadband Class C
LBRDK
$4.88B
| $45.7M | 0.01% |
799,196
-12,436
| -2% | -$822K |
|
1057
Littelfuse
LFUS
$11.2B
| $45.7M | 0.01% |
188,540
-25,683
| -12% | -$6.17M |
|
1058
Champion Homes
SKY
$4.37B
| $45.7M | 0.01% |
537,414
-10,353
| -2% | -$799K |
|
|
ESGR
1059
DELISTED
Enstar Group
ESGR
| $45.6M | 0.01% |
146,860
-25,429
| -15% | -$7.28M |
|
1060
Zillow
Z
$7.79B
| $45.6M | 0.01% |
935,065
+2,107
| +0.2% | +$115K |
|
1061
ACI Worldwide
ACIW
$5.83B
| $45.5M | 0.01% |
1,370,260
-8,122
| -0.6% | -$251K |
|
1062
Visteon
VC
$2.79B
| $45.4M | 0.01% |
385,868
-17,542
| -4% | -$2.05M |
|
1063
Travel + Leisure Co
TNL
$4.66B
| $45.3M | 0.01% |
925,973
-47,275
| -5% | -$2.02M |
|
|
AZEK
1064
DELISTED
The AZEK Co
AZEK
| $45.1M | 0.01% |
897,463
-161,204
| -15% | -$7.02M |
|
1065
California Resources
CRC
$4.67B
| $45.1M | 0.01% |
817,837
-42,948
| -5% | -$2.24M |
|
1066
Exelixis
EXEL
$13.3B
| $45.1M | 0.01% |
1,898,942
-319,891
| -14% | -$7.11M |
|
1067
Box
BOX
$4.37B
| $44.8M | 0.01% |
1,581,131
+75,875
| +5% | +$2.04M |
|
1068
Ciena
CIEN
$53.4B
| $44.7M | 0.01% |
904,782
-166,305
| -16% | -$8.77M |
|
1069
Whirlpool
WHR
$2.43B
| $44.7M | 0.01% |
373,967
-119,716
| -24% | -$13.3M |
|
1070
Freshpet
FRPT
$2.93B
| $44.7M | 0.01% |
386,109
-24,399
| -6% | -$2.36M |
|
1071
Peabody Energy
BTU
$2.6B
| $44.6M | 0.01% |
1,836,657
-20,793
| -1% | -$523K |
|
1072
Dycom Industries
DY
$12B
| $44.5M | 0.01% |
310,265
-5,623
| -2% | -$693K |
|
1073
SL Green Realty
SLG
$3.76B
| $44.5M | 0.01% |
807,042
+20,065
| +3% | +$951K |
|
1074
Avient
AVNT
$3.33B
| $44.5M | 0.01% |
1,024,361
-78,092
| -7% | -$3.04M |
|
|
AIRC
1075
DELISTED
Apartment Income REIT Corp.
AIRC
| $44.4M | 0.01% |
1,366,183
-145,130
| -10% | -$4.72M |
|
Similar funds
Northern Trust's Q1 2024 Portfolio in Review
As of Q1 2024, Northern Trust held 4,565 positions worth $579B, up 4.8% from $552B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Northern Trust withdrew a net $22.5B in Q1 2024, closing 140 positions and reducing 3,160 holdings. Its most notable exit was Splunk Inc, an estimated $163M position sold in full.
By sector, the portfolio is most concentrated in Technology at 26% of assets, up from 26% a quarter earlier, followed by Financials and Healthcare.
Against the trend, Northern Trust opened a new position in Arcadium Lithium plc worth $50.1M.
- Northern Trust's largest Q1 2024 buy was Arcadium Lithium plc: 11,618,079 shares worth $50.1M.
- Northern Trust added most to Illinois Tool Works in Q1 2024, an estimated $224M increase.
- Northern Trust's biggest Q1 2024 reduction was Apple, cutting an estimated $1.44B.
- Northern Trust fully exited Splunk Inc in Q1 2024, selling an estimated $163M.
- Northern Trust's ten largest holdings make up 25% of its $579B portfolio in Q1 2024.
- Northern Trust opened 95 new positions and closed 140 in Q1 2024.
- Northern Trust's portfolio value rose 4.8% quarter-over-quarter to $579B.
Based on Northern Trust's 13F filing for Q1 2024, filed 14 May 2024.