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 | |
|---|---|---|---|---|---|---|
1601
BridgeBio Pharma
BBIO
$15.7B
| $19.4M | ﹤0.01% |
1,129,272
+171,915
| +18% | +$2.59M |
|
1602
Banner Corp
BANR
$2.39B
| $19.3M | ﹤0.01% |
442,335
+6,164
| +1% | +$291K |
|
1603
BCE
BCE
$20.2B
| $19.3M | ﹤0.01% |
423,548
+13,888
| +3% | +$647K |
|
1604
Western Alliance Bancorporation
WAL
$8.79B
| $19.3M | ﹤0.01% |
529,090
+24,594
| +5% | +$853K |
|
1605
WIX.com
WIX
$2.3B
| $19.3M | ﹤0.01% |
246,164
-114,402
| -32% | -$9.41M |
|
1606
Hertz
HTZ
$499M
| $19.3M | ﹤0.01% |
1,047,181
-136,545
| -12% | -$2.24M |
|
1607
First Merchants
FRME
$2.68B
| $19.2M | ﹤0.01% |
681,771
+9,992
| +1% | +$284K |
|
1608
XPEL
XPEL
$1.22B
| $19.2M | ﹤0.01% |
227,989
+9,843
| +5% | +$727K |
|
1609
Allegiant Air
ALGT
$2.64B
| $19.2M | ﹤0.01% |
152,042
-1,481
| -1% | -$155K |
|
|
STR
1610
DELISTED
Sitio Royalties
STR
| $19.2M | ﹤0.01% |
730,694
+90,402
| +14% | +$2.31M |
|
1611
Seacoast Banking Corp of Florida
SBCF
$3.36B
| $19.2M | ﹤0.01% |
867,537
+67,373
| +8% | +$1.46M |
|
1612
iShares Currency Hedged MSCI EAFE ETF
HEFA
$7.5B
| $19.2M | ﹤0.01% |
618,143
-40,515
| -6% | -$1.23M |
|
1613
Canadian Imperial Bank of Commerce
CM
$108B
| $19.2M | ﹤0.01% |
448,967
+27,853
| +7% | +$1.18M |
|
1614
Stewart Information Services
STC
$2.06B
| $19.2M | ﹤0.01% |
465,754
+81,394
| +21% | +$3.44M |
|
|
ARCH
1615
DELISTED
Arch Resources, Inc.
ARCH
| $19.1M | ﹤0.01% |
169,496
+20,460
| +14% | +$2.45M |
|
1616
StoneX
SNEX
$9.26B
| $19M | ﹤0.01% |
1,158,680
+50,241
| +5% | +$896K |
|
|
UCTT
1617
Ultra Clean Holdings
UCTT
$3.73B
| $19M | ﹤0.01% |
494,374
-16,326
| -3% | -$525K |
|
1618
Patrick Industries
PATK
$2.74B
| $19M | ﹤0.01% |
356,177
+2,255
| +0.6% | +$106K |
|
1619
Harmonic Inc
HLIT
$1.25B
| $19M | ﹤0.01% |
1,173,551
+142,143
| +14% | +$2.28M |
|
1620
St. Joe Company
JOE
$3.54B
| $19M | ﹤0.01% |
392,151
-97,877
| -20% | -$4.26M |
|
1621
Park National Corp
PRK
$3.76B
| $18.9M | ﹤0.01% |
185,002
-1,637
| -0.9% | -$174K |
|
|
CPRX
1622
DELISTED
Catalyst Pharmaceutical
CPRX
| $18.9M | ﹤0.01% |
1,406,903
+14,248
| +1% | +$205K |
|
1623
InvenTrust Properties
IVT
$2.76B
| $18.9M | ﹤0.01% |
816,305
-242,163
| -23% | -$5.46M |
|
1624
Credit Acceptance
CACC
$5.95B
| $18.9M | ﹤0.01% |
37,154
-6,983
| -16% | -$3.27M |
|
1625
AXIS Capital
AXS
$7.68B
| $18.9M | ﹤0.01% |
350,426
-9,656
| -3% | -$528K |
|
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.