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 |
Linde
LIN
|
+$994M |
| 2 |
Cigna
CI
|
+$524M |
| 3 |
Microsoft
MSFT
|
+$395M |
| 4 |
Amazon
AMZN
|
+$281M |
| 5 |
CVS Health
CVS
|
+$265M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ESRX
Express Scripts Holding Company
ESRX
|
+$918M |
| 2 |
AET
Aetna Inc
AET
|
+$761M |
| 3 |
PX
Praxair Inc
PX
|
+$581M |
| 4 |
COL
Rockwell Collins
COL
|
+$274M |
| 5 |
CA
CA, Inc.
CA
|
+$239M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 15.98% |
| 2 | Financials | 14.41% |
| 3 | Healthcare | 13.78% |
| 4 | Consumer Discretionary | 9.86% |
| 5 | Industrials | 8.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
SCHW
101
Charles Schwab
SCHW
$184B
| $692M | 0.19% |
16,655,792
+336,557
| +2% | +$15.2M |
|
102
Chubb
CB
$141B
| $687M | 0.19% |
5,319,322
+157,635
| +3% | +$20.4M |
|
103
EOG Resources
EOG
$74.4B
| $686M | 0.19% |
7,867,393
+194,831
| +3% | +$20.9M |
|
104
Blackrock
BLK
$170B
| $655M | 0.18% |
1,666,574
+14,587
| +0.9% | +$5.98M |
|
105
Colgate-Palmolive
CL
$74.2B
| $640M | 0.18% |
10,760,664
+309,387
| +3% | +$19.4M |
|
106
Intuitive Surgical
ISRG
$130B
| $636M | 0.18% |
3,982,968
+93,438
| +2% | +$15.8M |
|
107
FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund
TLTD
$659M
| $634M | 0.18% |
11,421,217
-730,537
| -6% | -$43.4M |
|
108
FlexShares STOXX Global Broad Infrastructure Index Fund
NFRA
$3.02B
| $634M | 0.18% |
14,503,220
+486,751
| +3% | +$22.1M |
|
109
Intuit
INTU
$85.6B
| $634M | 0.18% |
3,218,707
+100,438
| +3% | +$20.9M |
|
110
Prologis
PLD
$137B
| $630M | 0.18% |
10,728,388
+215,985
| +2% | +$14M |
|
111
SLB Ltd
SLB
$74.2B
| $625M | 0.18% |
17,323,348
-63,168
| -0.4% | -$3.12M |
|
112
PNC Financial Services
PNC
$100B
| $624M | 0.18% |
5,341,413
+71,882
| +1% | +$9.17M |
|
113
Occidental Petroleum
OXY
$53.6B
| $607M | 0.17% |
9,890,631
+246,720
| +3% | +$17.3M |
|
114
Morgan Stanley
MS
$333B
| $605M | 0.17% |
15,267,378
+476,018
| +3% | +$20.8M |
|
115
Stryker
SYK
$133B
| $605M | 0.17% |
3,857,399
+132,857
| +4% | +$22.2M |
|
|
RHT
116
DELISTED
Red Hat Inc
RHT
| $603M | 0.17% |
3,431,637
-14,500
| -0.4% | -$2.3M |
|
117
Dominion Energy
D
$62.1B
| $600M | 0.17% |
8,392,621
+613,093
| +8% | +$44.8M |
|
118
Crown Castle
CCI
$33.1B
| $597M | 0.17% |
5,496,865
+155,891
| +3% | +$17.1M |
|
119
CSX Corp
CSX
$94.2B
| $590M | 0.17% |
28,500,726
+578,721
| +2% | +$13.3M |
|
120
Kimberly-Clark
KMB
$37.5B
| $587M | 0.16% |
5,155,864
-199,207
| -4% | -$22.1M |
|
121
Deere & Co
DE
$173B
| $579M | 0.16% |
3,879,566
+83,637
| +2% | +$12.2M |
|
|
CELG
122
DELISTED
Celgene Corp
CELG
| $578M | 0.16% |
9,013,603
-31,509
| -0.3% | -$2.33M |
|
123
Charter Communications
CHTR
$16.7B
| $570M | 0.16% |
1,998,946
+28,704
| +1% | +$9M |
|
124
Northern Trust
NTRS
$22.2B
| $569M | 0.16% |
6,809,886
+34,732
| +0.5% | +$3.26M |
|
125
Baxter International
BAX
$12.6B
| $567M | 0.16% |
8,615,513
+136,476
| +2% | +$9.17M |
|
Similar funds
Northern Trust's Q4 2018 Portfolio in Review
As of Q4 2018, Northern Trust held 4,401 positions worth $357B, down 13% from $409B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Trading was light in Q4 2018: portfolio turnover was 5%. Northern Trust opened 95 new positions and exited 125, leaving the 4,401-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 16% of assets, down from 17% a quarter earlier, followed by Financials and Healthcare.
- Northern Trust's largest Q4 2018 buy was Linde: 6,288,266 shares worth $981M.
- Northern Trust added most to Cigna in Q4 2018, an estimated $524M increase.
- Northern Trust's biggest Q4 2018 reduction was FlexShares iBoxx 3-Year Target Duration TIPS Index Fund, cutting an estimated $224M.
- Northern Trust fully exited Express Scripts Holding Company in Q4 2018, selling an estimated $918M.
- Northern Trust's ten largest holdings make up 16% of its $357B portfolio in Q4 2018.
- Northern Trust opened 95 new positions and closed 125 in Q4 2018.
- Northern Trust's portfolio value fell 13% quarter-over-quarter to $357B.
Based on Northern Trust's 13F filing for Q4 2018, filed 12 Feb 2019.