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 | |
|---|---|---|---|---|---|---|
1251
Outfront Media
OUT
$5.61B
| $32.4M | 0.01% |
2,091,773
+450,755
| +27% | +$6.78M |
|
1252
STAAR Surgical
STAA
$1.21B
| $32.4M | 0.01% |
615,629
+5,234
| +0.9% | +$319K |
|
1253
Element Solutions
ESI
$8.95B
| $32.3M | 0.01% |
1,684,707
+57,398
| +4% | +$1.06M |
|
1254
Quaker Houghton
KWR
$2.79B
| $32.3M | 0.01% |
165,747
+8,364
| +5% | +$1.64M |
|
1255
Cal-Maine
CALM
$4.12B
| $32.3M | 0.01% |
717,750
+49,758
| +7% | +$2.47M |
|
1256
Korn Ferry
KFY
$4.18B
| $32.3M | 0.01% |
651,702
-23,051
| -3% | -$1.13M |
|
1257
Walker & Dunlop
WD
$1.71B
| $32.2M | 0.01% |
407,635
+732
| +0.2% | +$52.9K |
|
1258
Denali Therapeutics
DNLI
$3.65B
| $32.2M | 0.01% |
1,089,698
+71,694
| +7% | +$2.02M |
|
1259
Broadstone Net Lease
BNL
$4.11B
| $32M | 0.01% |
2,075,042
+71,589
| +4% | +$1.15M |
|
1260
Northern Oil and Gas
NOG
$2.3B
| $32M | 0.01% |
933,329
+107,758
| +13% | +$3.49M |
|
1261
Century Communities
CCS
$1.91B
| $32M | 0.01% |
417,864
+26,125
| +7% | +$1.75M |
|
1262
Dolby
DLB
$5.56B
| $31.9M | 0.01% |
381,073
+25,176
| +7% | +$2.1M |
|
1263
FlexShares ESG & Climate US Large Cap Core Index Fund
FEUS
$112M
| $31.9M | 0.01% |
631,772
+45,584
| +8% | +$2.18M |
|
1264
National Health Investors
NHI
$3.72B
| $31.8M | 0.01% |
606,968
-14,506
| -2% | -$748K |
|
1265
M/I Homes
MHO
$3.74B
| $31.8M | 0.01% |
364,252
+24,144
| +7% | +$1.71M |
|
1266
Moelis & Co
MC
$4.97B
| $31.7M | 0.01% |
698,865
+76,782
| +12% | +$3.06M |
|
|
FYBR
1267
DELISTED
Frontier Communications
FYBR
| $31.6M | 0.01% |
1,694,797
-33,774
| -2% | -$634K |
|
1268
SoFi Technologies
SOFI
$21B
| $31.6M | 0.01% |
3,787,451
+317,073
| +9% | +$2.07M |
|
1269
FlexShares ESG & Climate Developed Markets ex-US Core Index Fund
FEDM
$79M
| $31.6M | 0.01% |
685,829
+30,314
| +5% | +$1.4M |
|
1270
Lucid Motors
LCID
$2.88B
| $31.5M | 0.01% |
457,224
+98,552
| +27% | +$7.03M |
|
1271
QuidelOrtho
QDEL
$1.14B
| $31.5M | 0.01% |
379,655
-16,520
| -4% | -$1.45M |
|
1272
IPG Photonics
IPGP
$3.61B
| $31.4M | 0.01% |
231,508
-17,932
| -7% | -$2.11M |
|
1273
Kadant
KAI
$3.63B
| $31.4M | 0.01% |
141,513
-33,445
| -19% | -$6.7M |
|
1274
Rush Enterprises Class A
RUSHA
$6.2B
| $31.4M | 0.01% |
775,779
+3,743
| +0.5% | +$137K |
|
1275
CVB Financial
CVBF
$3.94B
| $31.4M | 0.01% |
2,365,045
+254,958
| +12% | +$3.52M |
|
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.