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 | |
|---|---|---|---|---|---|---|
1376
Freshworks
FRSH
$3.14B
| $27.7M | 0.01% |
1,573,781
+1,157,474
| +278% | +$17.4M |
|
|
ODP
1377
DELISTED
ODP
ODP
| $27.7M | 0.01% |
590,805
-47,981
| -8% | -$2.06M |
|
1378
Patterson-UTI
PTEN
$3.98B
| $27.6M | 0.01% |
2,307,561
+27,474
| +1% | +$310K |
|
1379
RXO
RXO
$3.34B
| $27.6M | 0.01% |
1,216,152
+590,038
| +94% | +$11.9M |
|
1380
Bank of Montreal
BMO
$126B
| $27.6M | 0.01% |
305,175
+8,168
| +3% | +$722K |
|
1381
Ionis Pharmaceuticals
IONS
$8.6B
| $27.5M | 0.01% |
671,078
+12,612
| +2% | +$485K |
|
1382
Wendy's
WEN
$1.4B
| $27.5M | 0.01% |
1,264,495
-34,263
| -3% | -$763K |
|
1383
Arbor Realty Trust
ABR
$964M
| $27.5M | 0.01% |
1,853,993
+223,561
| +14% | +$2.77M |
|
1384
MaxLinear
MXL
$6.06B
| $27.3M | 0.01% |
866,042
+6,494
| +0.8% | +$188K |
|
1385
Rapid7
RPD
$645M
| $27.3M | 0.01% |
602,548
+18,356
| +3% | +$851K |
|
1386
Privia Health
PRVA
$2.98B
| $27.3M | 0.01% |
1,044,932
+408,307
| +64% | +$10.8M |
|
1387
Mueller Water Products
MWA
$3.95B
| $27.3M | 0.01% |
1,679,143
+30,846
| +2% | +$439K |
|
|
ROIC
1388
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $27.2M | 0.01% |
2,012,214
-45,153
| -2% | -$585K |
|
1389
Sprout Social
SPT
$516M
| $27.2M | 0.01% |
588,797
+12,956
| +2% | +$616K |
|
1390
Steven Madden
SHOO
$3.37B
| $27.2M | 0.01% |
830,710
-12,406
| -1% | -$414K |
|
1391
Community Bank
CBU
$3.41B
| $27.1M | 0.01% |
578,901
-5,369
| -0.9% | -$263K |
|
1392
Assured Guaranty
AGO
$3.66B
| $27.1M | 0.01% |
486,259
-5,314
| -1% | -$282K |
|
1393
Hyatt Hotels
H
$16.4B
| $27.1M | 0.01% |
236,464
+37,983
| +19% | +$4.3M |
|
1394
Flywire
FLYW
$1.98B
| $27.1M | 0.01% |
871,706
+354,358
| +68% | +$10.6M |
|
1395
MYR Group
MYRG
$5.19B
| $26.9M | 0.01% |
194,732
+2,227
| +1% | +$291K |
|
1396
Addus HomeCare
ADUS
$2.16B
| $26.9M | 0.01% |
289,857
-12,405
| -4% | -$1.18M |
|
1397
Liberty Energy
LBRT
$3.05B
| $26.8M | 0.01% |
2,007,486
+245,900
| +14% | +$3.19M |
|
1398
PENN Entertainment
PENN
$2.75B
| $26.7M | 0.01% |
1,109,384
-54,132
| -5% | -$1.44M |
|
1399
StoneCo
STNE
$2.77B
| $26.6M | 0.01% |
2,086,525
+231,899
| +13% | +$2.89M |
|
1400
Kosmos Energy
KOS
$1.6B
| $26.5M | 0.01% |
4,430,125
+46,578
| +1% | +$303K |
|
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.