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 | |
|---|---|---|---|---|---|---|
1476
NMI Holdings
NMIH
$3.33B
| $23.5M | ﹤0.01% |
910,571
+13,835
| +2% | +$335K |
|
1477
WaFd
WAFD
$2.72B
| $23.5M | ﹤0.01% |
886,229
-59,182
| -6% | -$1.64M |
|
1478
ACV Auctions
ACVA
$1.31B
| $23.5M | ﹤0.01% |
1,357,864
+292,386
| +27% | +$4.47M |
|
1479
Universal Corp
UVV
$1.31B
| $23.4M | ﹤0.01% |
469,385
-603
| -0.1% | -$31.7K |
|
1480
Axsome Therapeutics
AXSM
$11.2B
| $23.4M | ﹤0.01% |
326,141
+8,089
| +3% | +$597K |
|
1481
Erie Indemnity
ERIE
$12.7B
| $23.4M | ﹤0.01% |
111,533
-54,033
| -33% | -$12.1M |
|
1482
Kemper
KMPR
$1.67B
| $23.4M | ﹤0.01% |
485,195
-97,635
| -17% | -$4.73M |
|
1483
Ameris Bancorp
ABCB
$5.85B
| $23.4M | ﹤0.01% |
682,900
-36,387
| -5% | -$1.21M |
|
1484
Kyndryl
KD
$2.99B
| $23.4M | ﹤0.01% |
1,758,535
-6,727
| -0.4% | -$91K |
|
1485
Agilysys
AGYS
$2.97B
| $23.3M | ﹤0.01% |
339,393
+6,281
| +2% | +$473K |
|
1486
Carvana
CVNA
$68.6B
| $23.2M | ﹤0.01% |
4,474,910
+2,281,495
| +104% | +$6.33M |
|
1487
Huron Consulting
HURN
$2.41B
| $23.2M | ﹤0.01% |
272,819
-3,062
| -1% | -$251K |
|
1488
Edgewell Personal Care
EPC
$1.25B
| $23.1M | ﹤0.01% |
558,822
+2,934
| +0.5% | +$125K |
|
1489
CarGurus
CARG
$3.27B
| $23M | ﹤0.01% |
1,018,071
-3,707
| -0.4% | -$70.2K |
|
1490
Elastic
ESTC
$6.84B
| $23M | ﹤0.01% |
359,125
-4,403
| -1% | -$276K |
|
|
CYBR
1491
DELISTED
CyberArk
CYBR
| $22.9M | ﹤0.01% |
146,747
-2,999
| -2% | -$429K |
|
1492
Wayfair
W
$11.2B
| $22.9M | ﹤0.01% |
352,314
+6,649
| +2% | +$280K |
|
|
DOOR
1493
DELISTED
MASONITE INTERNATIONAL CORP
DOOR
| $22.9M | ﹤0.01% |
223,533
-279
| -0.1% | -$26.1K |
|
|
RC
1494
Ready Capital
RC
$258M
| $22.9M | ﹤0.01% |
2,029,458
+1,165,908
| +135% | +$12.3M |
|
1495
Procore
PCOR
$8.26B
| $22.8M | ﹤0.01% |
350,781
+51,632
| +17% | +$3.04M |
|
1496
Popular Inc
BPOP
$11.2B
| $22.7M | ﹤0.01% |
375,613
-9,163
| -2% | -$540K |
|
1497
Cracker Barrel
CBRL
$1.26B
| $22.7M | ﹤0.01% |
243,721
-11,677
| -5% | -$1.2M |
|
1498
Winnebago Industries
WGO
$856M
| $22.6M | ﹤0.01% |
339,582
+5,146
| +2% | +$307K |
|
1499
C3.ai
AI
$1.43B
| $22.6M | ﹤0.01% |
621,395
+25,954
| +4% | +$731K |
|
1500
Trinity Industries
TRN
$2.49B
| $22.6M | ﹤0.01% |
880,259
-13,765
| -2% | -$315K |
|
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.