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 | |
|---|---|---|---|---|---|---|
1301
Frontdoor
FTDR
$5.1B
| $30.3M | 0.01% |
949,857
+2,601
| +0.3% | +$77.5K |
|
1302
Bloom Energy
BE
$60.6B
| $30.3M | 0.01% |
1,850,690
+61,110
| +3% | +$987K |
|
1303
AtriCure
ATRC
$1.92B
| $30.2M | 0.01% |
612,511
+4,116
| +0.7% | +$190K |
|
1304
Vornado Realty Trust
VNO
$7.41B
| $30.2M | 0.01% |
1,665,848
+22,349
| +1% | +$329K |
|
1305
McGrath RentCorp
MGRC
$2.81B
| $30.2M | 0.01% |
326,322
-81,708
| -20% | -$7.47M |
|
1306
Hecla Mining
HL
$9.47B
| $30.2M | 0.01% |
5,859,563
+375,503
| +7% | +$2.15M |
|
1307
Energizer
ENR
$1.44B
| $30.2M | 0.01% |
898,534
+1,598
| +0.2% | +$53.4K |
|
1308
Andersons Inc
ANDE
$2.41B
| $30.1M | 0.01% |
651,176
+6,470
| +1% | +$271K |
|
1309
Progress Software
PRGS
$1.66B
| $30M | 0.01% |
516,873
+11,982
| +2% | +$681K |
|
1310
Independent Bank
INDB
$3.99B
| $30M | 0.01% |
674,008
-1,129
| -0.2% | -$58.6K |
|
1311
MDU Resources
MDU
$4.17B
| $30M | 0.01% |
2,585,861
-1,336,786
| -34% | -$15M |
|
1312
FormFactor
FORM
$8.28B
| $30M | 0.01% |
876,121
+1,737
| +0.2% | +$51.9K |
|
1313
Chesapeake Utilities
CPK
$3.19B
| $30M | 0.01% |
251,797
+8,717
| +4% | +$1.1M |
|
|
THS
1314
DELISTED
Treehouse Foods
THS
| $30M | 0.01% |
594,635
+64,626
| +12% | +$3.31M |
|
1315
FNB Corp
FNB
$6.73B
| $29.9M | 0.01% |
2,613,399
-82,340
| -3% | -$931K |
|
|
SAGE
1316
DELISTED
Sage Therapeutics
SAGE
| $29.9M | 0.01% |
635,303
+39,871
| +7% | +$1.98M |
|
1317
FTAI Aviation
FTAI
$21.1B
| $29.8M | 0.01% |
942,784
+717,151
| +318% | +$20.3M |
|
|
AZEK
1318
DELISTED
The AZEK Co
AZEK
| $29.8M | 0.01% |
982,802
+9,170
| +0.9% | +$237K |
|
1319
Genworth Financial
GNW
$3.76B
| $29.7M | 0.01% |
5,941,054
+690,206
| +13% | +$3.78M |
|
|
PR
1320
Permian Resources
PR
$17.8B
| $29.7M | 0.01% |
2,708,504
+530,686
| +24% | +$5.43M |
|
1321
Schrodinger
SDGR
$1.13B
| $29.6M | 0.01% |
593,708
+77,011
| +15% | +$2.6M |
|
1322
FlexShares Developed Markets ex-US Quality Low Volatility Index Fund
QLVD
$54.8M
| $29.6M | 0.01% |
1,161,170
-274,936
| -19% | -$7.13M |
|
1323
InterDigital
IDCC
$7.88B
| $29.5M | 0.01% |
305,887
-9,606
| -3% | -$778K |
|
1324
Brookfield
BN
$104B
| $29.5M | 0.01% |
1,314,212
+67,202
| +5% | +$1.42M |
|
1325
Navient
NAVI
$789M
| $29.5M | 0.01% |
1,585,242
-313,915
| -17% | -$5.16M |
|
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.