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 | |
|---|---|---|---|---|---|---|
1226
Tanger
SKT
$4.67B
| $33.6M | 0.01% |
1,524,566
+209,182
| +16% | +$4.19M |
|
1227
RBC Bearings
RBC
$17.4B
| $33.6M | 0.01% |
154,546
-130,595
| -46% | -$28.3M |
|
1228
TG Therapeutics
TGTX
$7.96B
| $33.5M | 0.01% |
1,348,800
+47,033
| +4% | +$1.21M |
|
1229
Texas Capital Bancshares
TCBI
$4.3B
| $33.5M | 0.01% |
650,350
-5,303
| -0.8% | -$264K |
|
1230
Brookfield Infrastructure
BIPC
$5.2B
| $33.5M | 0.01% |
734,204
-27,112
| -4% | -$1.23M |
|
1231
Choice Hotels
CHH
$5.07B
| $33.4M | 0.01% |
284,575
-4,497
| -2% | -$540K |
|
|
SNV
1232
DELISTED
Synovus
SNV
| $33.3M | 0.01% |
1,102,335
-13,196
| -1% | -$386K |
|
1233
Shopify
SHOP
$152B
| $33.3M | 0.01% |
516,150
+43,171
| +9% | +$2.44M |
|
1234
Sumitomo Mitsui Financial
SMFG
$164B
| $33.3M | 0.01% |
3,868,779
-3,567
| -0.1% | -$29.5K |
|
1235
TriNet
TNET
$3.02B
| $33.2M | 0.01% |
349,682
+1,177
| +0.3% | +$107K |
|
|
AXNX
1236
DELISTED
Axonics, Inc. Common Stock
AXNX
| $33.1M | 0.01% |
656,727
+10,190
| +2% | +$542K |
|
1237
Array Technologies
ARRY
$803M
| $33M | 0.01% |
1,461,348
+45,579
| +3% | +$976K |
|
1238
JetBlue
JBLU
$2.28B
| $33M | 0.01% |
3,724,778
+1,482,914
| +66% | +$10.8M |
|
1239
Barclays
BCS
$92.7B
| $33M | 0.01% |
4,196,445
+412,560
| +11% | +$3.19M |
|
1240
Alight
ALIT
$447M
| $32.9M | 0.01% |
178,227
+8,301
| +5% | +$1.47M |
|
1241
J&J Snack Foods
JJSF
$1.43B
| $32.9M | 0.01% |
207,931
-6,117
| -3% | -$949K |
|
1242
Globus Medical
GMED
$10.7B
| $32.8M | 0.01% |
551,445
-9,182
| -2% | -$523K |
|
1243
Helen of Troy
HELE
$644M
| $32.7M | 0.01% |
302,859
-8,870
| -3% | -$849K |
|
1244
Manulife Financial
MFC
$73.9B
| $32.7M | 0.01% |
1,729,334
+204,763
| +13% | +$3.91M |
|
1245
Artisan Partners
APAM
$2.79B
| $32.6M | 0.01% |
828,460
+64,790
| +8% | +$2.24M |
|
1246
National Fuel Gas
NFG
$7.82B
| $32.6M | 0.01% |
634,032
-2,465
| -0.4% | -$131K |
|
1247
Highwoods Properties
HIW
$3.65B
| $32.5M | 0.01% |
1,359,442
-492,679
| -27% | -$10.9M |
|
1248
Ryder
R
$9.83B
| $32.5M | 0.01% |
383,152
-39,756
| -9% | -$3.27M |
|
1249
Ashland
ASH
$3.33B
| $32.5M | 0.01% |
373,534
-217,408
| -37% | -$20.1M |
|
|
SYNH
1250
DELISTED
Syneos Health, Inc. Class A Common Stock
SYNH
| $32.4M | 0.01% |
769,094
-423,703
| -36% | -$17.1M |
|
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.