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 | |
|---|---|---|---|---|---|---|
1101
DT Midstream
DTM
$14.1B
| $42.7M | 0.01% |
699,543
-65,991
| -9% | -$3.67M |
|
1102
TKO Group
TKO
$13.6B
| $42.6M | 0.01% |
493,007
-133,918
| -21% | -$11.1M |
|
1103
Black Hills Corp
BKH
$5.42B
| $42.6M | 0.01% |
779,454
-146,792
| -16% | -$7.69M |
|
1104
Advanced Energy
AEIS
$11.6B
| $42.2M | 0.01% |
414,280
-13,306
| -3% | -$1.36M |
|
1105
Rayonier
RYN
$6.55B
| $42.2M | 0.01% |
1,399,363
-128,059
| -8% | -$3.82M |
|
1106
iShares US Treasury Bond ETF
GOVT
$43.6B
| $42M | 0.01% |
1,845,615
+703,041
| +62% | +$16M |
|
1107
Assured Guaranty
AGO
$3.66B
| $42M | 0.01% |
481,260
-4,129
| -0.9% | -$348K |
|
1108
Alamo Group
ALG
$1.94B
| $41.9M | 0.01% |
183,438
-12,504
| -6% | -$2.61M |
|
1109
Alpha Metallurgical Resources
AMR
$1.74B
| $41.8M | 0.01% |
126,352
-2,483
| -2% | -$911K |
|
1110
American States Water
AWR
$3.36B
| $41.8M | 0.01% |
579,052
+19,784
| +4% | +$1.47M |
|
1111
Fox Class B
FOX
$21.8B
| $41.7M | 0.01% |
1,456,373
-16,592
| -1% | -$464K |
|
1112
AB InBev
BUD
$170B
| $41.6M | 0.01% |
683,996
+24,418
| +4% | +$1.53M |
|
1113
Timken Company
TKR
$9.56B
| $41.5M | 0.01% |
474,787
-70,104
| -13% | -$5.78M |
|
1114
MSC Industrial Direct
MSM
$6.89B
| $41.4M | 0.01% |
426,643
-47,687
| -10% | -$4.68M |
|
1115
ONE Gas
OGS
$4.87B
| $41.4M | 0.01% |
641,005
-95,446
| -13% | -$5.86M |
|
1116
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$4.84B
| $41.3M | 0.01% |
1,452,801
+2,595
| +0.2% | +$64.9K |
|
1117
Rush Enterprises Class A
RUSHA
$6.2B
| $41.2M | 0.01% |
770,706
-29,903
| -4% | -$1.41M |
|
1118
NewMarket
NEU
$7.82B
| $41.2M | 0.01% |
64,890
-1,945
| -3% | -$1.17M |
|
1119
Liberty Energy
LBRT
$3.05B
| $41.1M | 0.01% |
1,985,373
-68,631
| -3% | -$1.36M |
|
1120
Axcelis
ACLS
$4.01B
| $41.1M | 0.01% |
368,178
-7,410
| -2% | -$883K |
|
1121
Iridium Communications
IRDM
$5.02B
| $41M | 0.01% |
1,568,830
-227,665
| -13% | -$7.41M |
|
|
AZPN
1122
DELISTED
Aspen Technology Inc
AZPN
| $40.9M | 0.01% |
191,984
-30,843
| -14% | -$6.08M |
|
1123
FlexShares ESG & Climate Developed Markets ex-US Core Index Fund
FEDM
$79M
| $40.9M | 0.01% |
817,834
+34,476
| +4% | +$1.67M |
|
|
MASI
1124
DELISTED
Masimo
MASI
| $40.7M | 0.01% |
277,451
-69,902
| -20% | -$9.03M |
|
|
UCB
1125
United Community Banks
UCB
$4.24B
| $40.7M | 0.01% |
1,547,278
-103,509
| -6% | -$2.79M |
|
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.