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 | |
|---|---|---|---|---|---|---|
1576
WesBanco
WSBC
$3.97B
| $20.3M | ﹤0.01% |
794,572
+37,720
| +5% | +$983K |
|
1577
First Interstate BancSystem
FIBK
$3.69B
| $20.3M | ﹤0.01% |
851,968
-67,510
| -7% | -$1.7M |
|
1578
Benchmark Electronics
BHE
$2.87B
| $20.3M | ﹤0.01% |
785,413
+4,746
| +0.6% | +$110K |
|
1579
SentinelOne
S
$6.53B
| $20.2M | ﹤0.01% |
1,337,559
+128,655
| +11% | +$2.18M |
|
|
CSGS
1580
DELISTED
CSG Systems International
CSGS
| $20.1M | ﹤0.01% |
381,497
+27,235
| +8% | +$1.39M |
|
1581
Agios Pharmaceuticals
AGIO
$1.79B
| $20.1M | ﹤0.01% |
709,708
+35,399
| +5% | +$881K |
|
|
SIX
1582
DELISTED
Six Flags Entertainment Corp.
SIX
| $20.1M | ﹤0.01% |
773,044
+351,105
| +83% | +$9.08M |
|
1583
Pacira BioSciences
PCRX
$1.04B
| $20M | ﹤0.01% |
500,337
-10,076
| -2% | -$417K |
|
1584
Encore Capital Group
ECPG
$2.02B
| $20M | ﹤0.01% |
411,097
+5,188
| +1% | +$252K |
|
1585
Beam Therapeutics
BEAM
$2.63B
| $20M | ﹤0.01% |
624,962
+16,998
| +3% | +$552K |
|
1586
Eastern Bankshares
EBC
$5.26B
| $19.9M | ﹤0.01% |
1,619,560
+222,446
| +16% | +$2.63M |
|
1587
Brookfield Renewable
BEPC
$6.08B
| $19.9M | ﹤0.01% |
630,448
+327,210
| +108% | +$11M |
|
1588
Sterling Infrastructure
STRL
$18.3B
| $19.9M | ﹤0.01% |
356,078
-5,884
| -2% | -$261K |
|
1589
LeMaitre Vascular
LMAT
$2.32B
| $19.8M | ﹤0.01% |
294,895
+7,128
| +2% | +$435K |
|
|
AMWD
1590
DELISTED
American Woodmark
AMWD
| $19.8M | ﹤0.01% |
259,023
-17,343
| -6% | -$1.01M |
|
|
XHR
1591
Xenia Hotels & Resorts
XHR
$1.9B
| $19.8M | ﹤0.01% |
1,605,267
+78,214
| +5% | +$975K |
|
1592
LiveRamp
RAMP
$2.3B
| $19.7M | ﹤0.01% |
690,505
+10,641
| +2% | +$264K |
|
1593
Griffon
GFF
$3.95B
| $19.7M | ﹤0.01% |
488,900
+13,378
| +3% | +$439K |
|
1594
IonQ
IONQ
$13.6B
| $19.7M | ﹤0.01% |
1,455,330
+292,150
| +25% | +$2.43M |
|
1595
RLJ Lodging Trust
RLJ
$1.86B
| $19.7M | ﹤0.01% |
1,915,891
+56,381
| +3% | +$585K |
|
1596
Flex
FLEX
$41.7B
| $19.6M | ﹤0.01% |
941,330
-34,744
| -4% | -$619K |
|
1597
Oxford Industries
OXM
$566M
| $19.5M | ﹤0.01% |
198,427
+3,346
| +2% | +$343K |
|
|
NEWR
1598
DELISTED
New Relic, Inc.
NEWR
| $19.5M | ﹤0.01% |
298,075
-2,458
| -0.8% | -$177K |
|
1599
Virtus Investment Partners
VRTS
$1.06B
| $19.5M | ﹤0.01% |
98,754
-2,481
| -2% | -$469K |
|
1600
Vanguard Morningstar Mid-Cap ETF
VO
$106B
| $19.5M | ﹤0.01% |
353,744
+16,888
| +5% | +$885K |
|
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.