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 | |
|---|---|---|---|---|---|---|
1101
SLM Corp
SLM
$4.89B
| $40.7M | 0.01% |
2,493,723
-29,402
| -1% | -$448K |
|
1102
TechnipFMC
FTI
$28.5B
| $40.6M | 0.01% |
2,443,589
+634,886
| +35% | +$8.95M |
|
1103
Advance Auto Parts
AAP
$3.37B
| $40.6M | 0.01% |
577,276
-85,218
| -13% | -$8.77M |
|
|
NARI
1104
DELISTED
Inari Medical, Inc. Common Stock
NARI
| $40.6M | 0.01% |
697,649
+67,053
| +11% | +$4.23M |
|
1105
ICF International
ICFI
$1.46B
| $40.5M | 0.01% |
325,490
-7,510
| -2% | -$867K |
|
1106
Roku
ROKU
$21.6B
| $40.4M | 0.01% |
632,191
-18,634
| -3% | -$1.13M |
|
1107
Innospec
IOSP
$2.11B
| $40.3M | 0.01% |
401,314
+6,173
| +2% | +$618K |
|
|
X
1108
DELISTED
US Steel
X
| $40M | 0.01% |
1,600,165
-68,030
| -4% | -$1.58M |
|
1109
Zurn Elkay Water Solutions
ZWS
$8.42B
| $40M | 0.01% |
1,485,800
+154,604
| +12% | +$3.52M |
|
|
AZPN
1110
DELISTED
Aspen Technology Inc
AZPN
| $39.9M | 0.01% |
238,337
-21,820
| -8% | -$4.05M |
|
1111
Kontoor Brands
KTB
$4.65B
| $39.9M | 0.01% |
947,809
+4,458
| +0.5% | +$191K |
|
|
SEM
1112
DELISTED
Select Medical
SEM
| $39.9M | 0.01% |
2,324,089
+58,733
| +3% | +$910K |
|
1113
Kirby Corp
KEX
$7.09B
| $39.8M | 0.01% |
517,678
-12,127
| -2% | -$873K |
|
1114
Kulicke & Soffa
KLIC
$4.8B
| $39.7M | 0.01% |
667,194
+66
| +0% | +$3.4K |
|
1115
UMB Financial
UMBF
$11B
| $39.6M | 0.01% |
651,035
+94,024
| +17% | +$5.61M |
|
1116
Valley National Bancorp
VLY
$7.9B
| $39.6M | 0.01% |
5,110,006
-143,816
| -3% | -$1.14M |
|
1117
Madison Square Garden
MSGS
$9.56B
| $39.6M | 0.01% |
210,497
-39,685
| -16% | -$7.5M |
|
1118
California Resources
CRC
$4.61B
| $39.5M | 0.01% |
873,012
+47,219
| +6% | +$1.92M |
|
1119
Crane Co
CR
$12.5B
| $39.5M | 0.01% |
+442,777
| New | +$34.2M |
|
1120
Coca-Cola Consolidated
COKE
$12.5B
| $39.4M | 0.01% |
619,840
+3,250
| +0.5% | +$201K |
|
|
UCB
1121
United Community Banks
UCB
$4.25B
| $39.4M | 0.01% |
1,576,822
-58,733
| -4% | -$1.46M |
|
1122
ABM Industries
ABM
$2.79B
| $39.4M | 0.01% |
922,827
+35,995
| +4% | +$1.56M |
|
1123
Materion
MTRN
$4.45B
| $39.3M | 0.01% |
344,066
+10,992
| +3% | +$1.19M |
|
1124
Forward Air
FWRD
$448M
| $39.3M | 0.01% |
370,209
-4,478
| -1% | -$458K |
|
|
ARNC
1125
DELISTED
Arconic Corporation
ARNC
| $39.2M | 0.01% |
1,325,980
-34,857
| -3% | -$962K |
|
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.