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 |
Capital One
COF
|
+$535M |
| 2 |
FlexShares iBoxx 3-Year Target Duration TIPS Index Fund
TDTT
|
+$225M |
| 3 |
Vanguard Short-Term Bond ETF
BSV
|
+$220M |
| 4 |
Vanguard FTSE Developed Markets ETF
VEA
|
+$217M |
| 5 |
FlexShares STOXX Global Broad Infrastructure Index Fund
NFRA
|
+$194M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
DFS
Discover Financial Services
DFS
|
+$501M |
| 2 |
Microsoft
MSFT
|
+$438M |
| 3 |
Apple
AAPL
|
+$437M |
| 4 |
Tesla
TSLA
|
+$373M |
| 5 |
NVIDIA
NVDA
|
+$236M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 29.4% |
| 2 | Financials | 12.68% |
| 3 | Consumer Discretionary | 9.39% |
| 4 | Healthcare | 8.79% |
| 5 | Communication Services | 8.33% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1476
Franco-Nevada
FNV
$41.3B
| $26.6M | ﹤0.01% |
162,240
-10,435
| -6% | -$1.73M |
|
1477
C3.ai
AI
$1.38B
| $26.6M | ﹤0.01% |
1,080,807
+40,860
| +4% | +$934K |
|
1478
Compass
COMP
$8.67B
| $26.3M | ﹤0.01% |
4,190,702
+283,540
| +7% | +$1.94M |
|
1479
AAR Corp
AIR
$5.4B
| $26.3M | ﹤0.01% |
382,247
-5,187
| -1% | -$311K |
|
1480
Inspire Medical Systems
INSP
$1.47B
| $26.3M | ﹤0.01% |
202,511
-57,896
| -22% | -$8.4M |
|
1481
Veracyte
VCYT
$4.45B
| $26.2M | ﹤0.01% |
970,461
-74,070
| -7% | -$2.15M |
|
1482
Capri Holdings
CPRI
$1.82B
| $26.2M | ﹤0.01% |
1,480,230
+387,887
| +36% | +$6.39M |
|
1483
Scholar Rock
SRRK
$5.88B
| $26.1M | ﹤0.01% |
736,786
-28,494
| -4% | -$894K |
|
|
NUVL
1484
DELISTED
Nuvalent
NUVL
| $26.1M | ﹤0.01% |
341,774
+13,443
| +4% | +$984K |
|
1485
Acushnet Holdings
GOLF
$6B
| $25.9M | ﹤0.01% |
356,245
-9,724
| -3% | -$656K |
|
1486
Extreme Networks
EXTR
$3.8B
| $25.9M | ﹤0.01% |
1,444,850
-49,168
| -3% | -$724K |
|
|
JBGS
1487
JBG SMITH
JBGS
$846M
| $25.9M | ﹤0.01% |
1,494,575
-168,053
| -10% | -$2.74M |
|
1488
FlexShares Developed Markets ex-US Quality Low Volatility Index Fund
QLVD
$54.7M
| $25.8M | ﹤0.01% |
827,269
+177,944
| +27% | +$5.39M |
|
1489
Avis
CAR
$5.47B
| $25.8M | ﹤0.01% |
152,871
-11,219
| -7% | -$1.21M |
|
1490
ArcBest
ARCB
$3.16B
| $25.8M | ﹤0.01% |
334,747
-66,802
| -17% | -$4.35M |
|
1491
PAR Technology
PAR
$716M
| $25.8M | ﹤0.01% |
371,338
+26,630
| +8% | +$1.66M |
|
1492
Penske Automotive Group
PAG
$14.7B
| $25.8M | ﹤0.01% |
149,922
-2,287
| -2% | -$367K |
|
1493
Hayward Holdings
HAYW
$3.23B
| $25.7M | ﹤0.01% |
1,861,346
+102,359
| +6% | +$1.38M |
|
1494
RH
RH
$3.33B
| $25.6M | ﹤0.01% |
135,426
-1,948
| -1% | -$362K |
|
1495
OFG Bancorp
OFG
$2.21B
| $25.5M | ﹤0.01% |
596,076
-33,722
| -5% | -$1.35M |
|
1496
Warrior Met Coal
HCC
$4.17B
| $25.5M | ﹤0.01% |
556,514
-24,203
| -4% | -$1.12M |
|
1497
Park National Corp
PRK
$3.84B
| $25.5M | ﹤0.01% |
152,302
-28,369
| -16% | -$4.47M |
|
1498
Walker & Dunlop
WD
$1.73B
| $25.5M | ﹤0.01% |
361,352
-65,638
| -15% | -$4.74M |
|
1499
Innospec
IOSP
$2.09B
| $25.4M | ﹤0.01% |
302,502
-15,804
| -5% | -$1.38M |
|
1500
Madison Square Garden
MSGS
$9.59B
| $25.4M | ﹤0.01% |
121,646
-13,545
| -10% | -$2.61M |
|
Similar funds
Northern Trust's Q2 2025 Portfolio in Review
As of Q2 2025, Northern Trust held 4,554 positions worth $727B, up 8% from $674B the previous quarter. Its ten largest holdings account for 28% of the portfolio.
Northern Trust's Q2 2025 filing shows 137 new, 1,442 increased, 2,512 reduced and 155 closed positions. Its largest new stake was Ralliant Corp: 735,735 shares worth $35.7M. The largest sale was Discover Financial Services, an estimated $501M.
By sector, the portfolio is most concentrated in Technology at 29% of assets, up from 26% a quarter earlier, followed by Financials and Consumer Discretionary.
- Northern Trust's largest Q2 2025 buy was Ralliant Corp: 735,735 shares worth $35.7M.
- Northern Trust added most to Capital One in Q2 2025, an estimated $535M increase.
- Northern Trust's biggest Q2 2025 reduction was Microsoft, cutting an estimated $438M.
- Northern Trust fully exited Discover Financial Services in Q2 2025, selling an estimated $501M.
- Northern Trust's ten largest holdings make up 28% of its $727B portfolio in Q2 2025.
- Northern Trust opened 137 new positions and closed 155 in Q2 2025.
- Northern Trust's portfolio value rose 8% quarter-over-quarter to $727B.
Based on Northern Trust's 13F filing for Q2 2025, filed 13 Aug 2025.