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 | |
|---|---|---|---|---|---|---|
101
United Parcel Service
UPS
$89.7B
| $1.11B | 0.19% |
7,447,490
-291,423
| -4% | -$44.3M |
|
102
Vertex Pharmaceuticals
VRTX
$124B
| $1.08B | 0.19% |
2,578,437
-102,160
| -4% | -$43.2M |
|
103
Analog Devices
ADI
$178B
| $1.07B | 0.19% |
5,423,132
-352,553
| -6% | -$67.8M |
|
|
104
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$23B
| $1.06B | 0.18% |
20,724,608
+2,002,962
| +11% | +$102M |
|
105
Medtronic
MDT
$111B
| $1.06B | 0.18% |
12,183,692
-556,096
| -4% | -$47.5M |
|
106
Cigna
CI
$79.6B
| $1.06B | 0.18% |
2,914,785
-186,433
| -6% | -$61.4M |
|
107
KLA
KLAC
$249B
| $1.05B | 0.18% |
15,037,370
-510,860
| -3% | -$32.8M |
|
|
SCHW
108
Charles Schwab
SCHW
$184B
| $1.03B | 0.18% |
14,285,130
-844,013
| -6% | -$55.6M |
|
109
CVS Health
CVS
$140B
| $1.03B | 0.18% |
12,908,420
-781,039
| -6% | -$59.7M |
|
110
American Tower
AMT
$79.9B
| $1.02B | 0.18% |
5,175,217
-184,022
| -3% | -$36.7M |
|
111
FlexShares High Yield Value-Scored Bond Index Fund
HYGV
$1.09B
| $1.01B | 0.18% |
24,634,895
-660,759
| -3% | -$27M |
|
112
Lockheed Martin
LMT
$134B
| $1,000M | 0.17% |
2,198,395
-159,314
| -7% | -$69.8M |
|
113
Zoetis
ZTS
$32.5B
| $995M | 0.17% |
5,883,160
-46,745
| -0.8% | -$8.76M |
|
114
Vanguard FTSE Emerging Markets ETF
VWO
$119B
| $993M | 0.17% |
23,775,034
+1,584,714
| +7% | +$64.7M |
|
115
FlexShares Ultra-Short Income Fund
RAVI
$1.48B
| $986M | 0.17% |
13,073,915
+782,995
| +6% | +$58.9M |
|
116
Intercontinental Exchange
ICE
$86.4B
| $979M | 0.17% |
7,121,569
-181,738
| -2% | -$24.1M |
|
117
iShares Global Infrastructure ETF
IGF
$10.9B
| $974M | 0.17% |
20,461,524
-554,575
| -3% | -$25.5M |
|
118
Chubb
CB
$141B
| $974M | 0.17% |
3,758,584
-214,716
| -5% | -$52.8M |
|
119
Gilead Sciences
GILD
$167B
| $969M | 0.17% |
13,229,268
-796,630
| -6% | -$61.3M |
|
120
Vanguard FTSE All-World ex-US ETF
VEU
$65.6B
| $955M | 0.16% |
16,276,212
-459,237
| -3% | -$26M |
|
121
Regeneron Pharmaceuticals
REGN
$72.9B
| $954M | 0.16% |
991,465
-54,943
| -5% | -$52.2M |
|
122
Palo Alto Networks
PANW
$260B
| $947M | 0.16% |
6,663,510
-146,972
| -2% | -$23.2M |
|
123
Boeing
BA
$175B
| $935M | 0.16% |
4,845,450
-157,812
| -3% | -$32.4M |
|
124
State Street SPDR S&P Global Natural Resources ETF
GNR
$4.72B
| $923M | 0.16% |
15,932,687
-15,132
| -0.1% | -$822K |
|
|
FISV
125
Fiserv Inc
FISV
$28.9B
| $897M | 0.15% |
5,609,650
-293,690
| -5% | -$42.8M |
|
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.