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 |
GE HealthCare
GEHC
|
+$258M |
| 2 |
FlexShares Global Upstream Natural Resources Index Fund
GUNR
|
+$198M |
| 3 |
Costco
COST
|
+$104M |
| 4 |
Vanguard FTSE Developed Markets ETF
VEA
|
+$104M |
| 5 |
iShares Core S&P 500 ETF
IVV
|
+$99.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
GE Aerospace
GE
|
+$265M |
| 2 |
PACCAR
PCAR
|
+$231M |
| 3 |
Apple
AAPL
|
+$169M |
| 4 |
SIVB
SVB Financial Group
SIVB
|
+$160M |
| 5 |
Amazon
AMZN
|
+$146M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 23.6% |
| 2 | Healthcare | 12.95% |
| 3 | Financials | 11.15% |
| 4 | Consumer Discretionary | 9.47% |
| 5 | Industrials | 8.45% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
126
Aon
AON
$80.6B
| $768M | 0.15% |
2,435,580
-31,123
| -1% | -$9.63M |
|
127
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$23B
| $766M | 0.15% |
15,153,536
+240,982
| +2% | +$12.1M |
|
128
Intercontinental Exchange
ICE
$87.2B
| $766M | 0.15% |
7,340,904
-114,674
| -2% | -$11.9M |
|
129
FlexShares Quality Dividend Index Fund
QDF
$2.2B
| $760M | 0.15% |
13,953,097
-155,126
| -1% | -$8.4M |
|
130
FlexShares Ultra-Short Income Fund
RAVI
$1.48B
| $754M | 0.15% |
10,085,279
+739,559
| +8% | +$55.3M |
|
131
Corteva
CTVA
$60.5B
| $749M | 0.15% |
12,418,659
+982,640
| +9% | +$60M |
|
132
EOG Resources
EOG
$77.7B
| $748M | 0.15% |
6,527,815
-47,233
| -0.7% | -$5.73M |
|
133
iShares Core S&P Small-Cap ETF
IJR
$109B
| $746M | 0.15% |
7,715,834
+115,525
| +2% | +$11.5M |
|
134
Colgate-Palmolive
CL
$74.8B
| $744M | 0.15% |
9,902,626
-260,479
| -3% | -$19.4M |
|
135
Freeport-McMoran
FCX
$86.2B
| $742M | 0.15% |
18,143,258
-211,263
| -1% | -$8.79M |
|
136
Becton Dickinson
BDX
$46.4B
| $735M | 0.15% |
2,968,319
+8,783
| +0.3% | +$2.15M |
|
137
SLB Ltd
SLB
$72.7B
| $726M | 0.14% |
14,778,056
-225,210
| -2% | -$12M |
|
138
Public Storage
PSA
$61.5B
| $714M | 0.14% |
2,364,137
-12,804
| -0.5% | -$3.76M |
|
|
FISV
139
Fiserv Inc
FISV
$29.7B
| $714M | 0.14% |
6,319,505
-171,923
| -3% | -$18.9M |
|
140
CME Group
CME
$95.4B
| $714M | 0.14% |
3,726,220
-3,355
| -0.1% | -$607K |
|
|
ATVI
141
DELISTED
Activision Blizzard
ATVI
| $708M | 0.14% |
8,266,549
-204,392
| -2% | -$15.9M |
|
142
Crown Castle
CCI
$34.6B
| $703M | 0.14% |
5,253,965
-60,596
| -1% | -$8.38M |
|
143
Waste Management
WM
$95B
| $696M | 0.14% |
4,267,814
-60,003
| -1% | -$9.19M |
|
144
Boston Scientific
BSX
$68.4B
| $690M | 0.14% |
13,797,492
-80,036
| -0.6% | -$3.77M |
|
145
CSX Corp
CSX
$94B
| $690M | 0.14% |
23,051,908
+264,502
| +1% | +$8.13M |
|
146
iShares Broad USD High Yield Corporate Bond ETF
USHY
$29.2B
| $681M | 0.13% |
19,147,174
+719,841
| +4% | +$25.3M |
|
147
Norfolk Southern
NSC
$75.4B
| $679M | 0.13% |
3,204,500
-147,641
| -4% | -$34.2M |
|
148
iShares Russell 2000 ETF
IWM
$79.1B
| $678M | 0.13% |
3,799,926
-84,043
| -2% | -$15.5M |
|
149
US Bancorp
USB
$97.9B
| $673M | 0.13% |
18,666,411
+199,982
| +1% | +$8.91M |
|
150
Emerson Electric
EMR
$81.6B
| $673M | 0.13% |
7,718,994
-198,053
| -3% | -$17.3M |
|
Similar funds
Northern Trust's Q1 2023 Portfolio in Review
As of Q1 2023, Northern Trust held 4,718 positions worth $504B, up 5.8% from $477B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Trading was light in Q1 2023: portfolio turnover was 4.5%. Northern Trust opened 74 new positions and exited 138, leaving the 4,718-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 24% of assets, up from 21% a quarter earlier, followed by Healthcare and Financials.
- Northern Trust's largest Q1 2023 buy was GE HealthCare: 3,613,427 shares worth $296M.
- Northern Trust added most to FlexShares Global Upstream Natural Resources Index Fund in Q1 2023, an estimated $198M increase.
- Northern Trust's biggest Q1 2023 reduction was GE Aerospace, cutting an estimated $265M.
- Northern Trust fully exited SVB Financial Group in Q1 2023, selling an estimated $160M.
- Northern Trust's ten largest holdings make up 21% of its $504B portfolio in Q1 2023.
- Northern Trust opened 74 new positions and closed 138 in Q1 2023.
- Northern Trust's portfolio value rose 5.8% quarter-over-quarter to $504B.
Based on Northern Trust's 13F filing for Q1 2023, filed 15 May 2023.