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 |
Capital One
COF
|
+$535M |
| 2 |
FlexShares iBoxx 3-Year Target Duration TIPS Index Fund
TDTT
|
+$225M |
| 3 |
Vanguard Short-Term Bond ETF
BSV
|
+$220M |
| 4 |
Vanguard FTSE Developed Markets ETF
VEA
|
+$217M |
| 5 |
FlexShares STOXX Global Broad Infrastructure Index Fund
NFRA
|
+$194M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
DFS
Discover Financial Services
DFS
|
+$501M |
| 2 |
Microsoft
MSFT
|
+$438M |
| 3 |
Apple
AAPL
|
+$437M |
| 4 |
Tesla
TSLA
|
+$373M |
| 5 |
NVIDIA
NVDA
|
+$236M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 29.4% |
| 2 | Financials | 12.68% |
| 3 | Consumer Discretionary | 9.39% |
| 4 | Healthcare | 8.79% |
| 5 | Communication Services | 8.33% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1076
Graphic Packaging
GPK
$3.35B
| $53.1M | 0.01% |
2,521,519
-18,587
| -0.7% | -$430K |
|
1077
Trex
TREX
$4.4B
| $52.9M | 0.01% |
972,093
-41,930
| -4% | -$2.38M |
|
1078
First Hawaiian
FHB
$3.41B
| $52.3M | 0.01% |
2,096,607
-136,747
| -6% | -$3.21M |
|
1079
Maximus
MMS
$3.32B
| $52.3M | 0.01% |
745,239
-24,121
| -3% | -$1.69M |
|
1080
Cognex
CGNX
$9.62B
| $52.3M | 0.01% |
1,647,516
-36,789
| -2% | -$1.05M |
|
1081
Granite Construction
GVA
$5.16B
| $52.2M | 0.01% |
558,733
-16,364
| -3% | -$1.38M |
|
1082
Integer Holdings
ITGR
$3.39B
| $51.9M | 0.01% |
422,371
+6,408
| +2% | +$765K |
|
1083
Alkermes
ALKS
$8.11B
| $51.9M | 0.01% |
1,813,609
-63,281
| -3% | -$1.88M |
|
1084
Shift4
FOUR
$4.45B
| $51.8M | 0.01% |
523,088
-12,419
| -2% | -$1.08M |
|
1085
Associated Banc-Corp
ASB
$5.8B
| $51.8M | 0.01% |
2,124,624
-36,053
| -2% | -$812K |
|
1086
Mohawk Industries
MHK
$6.91B
| $51.7M | 0.01% |
493,270
-53,618
| -10% | -$5.59M |
|
1087
Axos Financial
AX
$5.58B
| $51.7M | 0.01% |
679,663
-50,472
| -7% | -$3.41M |
|
1088
BorgWarner
BWA
$12.8B
| $51.6M | 0.01% |
1,540,832
-7,434
| -0.5% | -$228K |
|
1089
Caesars Entertainment
CZR
$6.06B
| $51.5M | 0.01% |
1,814,547
+69,633
| +4% | +$1.89M |
|
1090
Marathon Digital Holdings
MARA
$3.83B
| $51.5M | 0.01% |
3,285,318
-244,464
| -7% | -$3.5M |
|
1091
ICU Medical
ICUI
$4.16B
| $51.4M | 0.01% |
388,634
-12,299
| -3% | -$1.67M |
|
1092
Globus Medical
GMED
$11.1B
| $51.3M | 0.01% |
869,452
-59,492
| -6% | -$3.84M |
|
|
SEE
1093
DELISTED
Sealed Air
SEE
| $51.3M | 0.01% |
1,653,674
-149,747
| -8% | -$4.45M |
|
1094
Atlantic Union Bankshares
AUB
$6.05B
| $51.1M | 0.01% |
1,634,898
+60,952
| +4% | +$1.76M |
|
1095
Hyatt Hotels
H
$17.5B
| $51M | 0.01% |
365,282
-20,491
| -5% | -$2.56M |
|
1096
Kadant
KAI
$3.58B
| $50.9M | 0.01% |
160,432
-5,006
| -3% | -$1.57M |
|
1097
Valley National Bancorp
VLY
$7.9B
| $50.9M | 0.01% |
5,698,404
-10,067
| -0.2% | -$87.4K |
|
|
CIVI
1098
DELISTED
Civitas Resources
CIVI
| $50.8M | 0.01% |
1,844,521
+268,593
| +17% | +$7.78M |
|
1099
Upstart Holdings
UPST
$2.55B
| $50.8M | 0.01% |
784,719
+9,913
| +1% | +$486K |
|
1100
Suncor Energy
SU
$77.7B
| $50.3M | 0.01% |
1,343,846
-144,531
| -10% | -$5.23M |
|
Similar funds
Northern Trust's Q2 2025 Portfolio in Review
As of Q2 2025, Northern Trust held 4,554 positions worth $727B, up 8% from $674B the previous quarter. Its ten largest holdings account for 28% of the portfolio.
Northern Trust's Q2 2025 filing shows 137 new, 1,442 increased, 2,512 reduced and 155 closed positions. Its largest new stake was Ralliant Corp: 735,735 shares worth $35.7M. The largest sale was Discover Financial Services, an estimated $501M.
By sector, the portfolio is most concentrated in Technology at 29% of assets, up from 26% a quarter earlier, followed by Financials and Consumer Discretionary.
- Northern Trust's largest Q2 2025 buy was Ralliant Corp: 735,735 shares worth $35.7M.
- Northern Trust added most to Capital One in Q2 2025, an estimated $535M increase.
- Northern Trust's biggest Q2 2025 reduction was Microsoft, cutting an estimated $438M.
- Northern Trust fully exited Discover Financial Services in Q2 2025, selling an estimated $501M.
- Northern Trust's ten largest holdings make up 28% of its $727B portfolio in Q2 2025.
- Northern Trust opened 137 new positions and closed 155 in Q2 2025.
- Northern Trust's portfolio value rose 8% quarter-over-quarter to $727B.
Based on Northern Trust's 13F filing for Q2 2025, filed 13 Aug 2025.