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 | |
|---|---|---|---|---|---|---|
1701
Scholastic
SCHL
$767M
| $17M | ﹤0.01% |
437,753
-3,676
| -0.8% | -$143K |
|
1702
MP Materials
MP
$7.36B
| $17M | ﹤0.01% |
742,241
+72,974
| +11% | +$1.67M |
|
1703
Bank of Hawaii
BOH
$3.15B
| $17M | ﹤0.01% |
411,356
+99,112
| +32% | +$4.38M |
|
1704
Community Trust Bancorp
CTBI
$1.42B
| $16.9M | ﹤0.01% |
476,486
-38,667
| -8% | -$1.39M |
|
1705
iShares S&P 500 Value ETF
IVE
$49B
| $16.9M | ﹤0.01% |
104,992
-876
| -0.8% | -$135K |
|
|
SQSP
1706
DELISTED
Squarespace, Inc.
SQSP
| $16.9M | ﹤0.01% |
535,843
+108,240
| +25% | +$3.27M |
|
|
MODN
1707
DELISTED
MODEL N, INC.
MODN
| $16.9M | ﹤0.01% |
477,735
+13,112
| +3% | +$422K |
|
|
LSXMA
1708
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
| $16.9M | ﹤0.01% |
700,367
-302,170
| -30% | -$6.43M |
|
1709
Ameresco
AMRC
$1.12B
| $16.9M | ﹤0.01% |
346,999
+9,488
| +3% | +$427K |
|
1710
PJT Partners
PJT
$4.3B
| $16.9M | ﹤0.01% |
242,204
+7,490
| +3% | +$517K |
|
1711
Compass Minerals
CMP
$1.23B
| $16.9M | ﹤0.01% |
495,858
-50,682
| -9% | -$1.68M |
|
1712
Sally Beauty Holdings
SBH
$1.43B
| $16.8M | ﹤0.01% |
1,363,909
-6,516
| -0.5% | -$82.6K |
|
1713
Cushman & Wakefield Ltd
CWK
$3.14B
| $16.8M | ﹤0.01% |
2,054,305
-70,194
| -3% | -$611K |
|
1714
Geron
GERN
$828M
| $16.8M | ﹤0.01% |
5,225,981
+983,740
| +23% | +$2.8M |
|
|
FBRT
1715
Franklin BSP Realty Trust
FBRT
$630M
| $16.7M | ﹤0.01% |
1,181,561
+339,363
| +40% | +$4.48M |
|
1716
Phreesia
PHR
$663M
| $16.7M | ﹤0.01% |
539,090
+22,478
| +4% | +$704K |
|
1717
Bread Financial
BFH
$4.37B
| $16.7M | ﹤0.01% |
531,379
+5,960
| +1% | +$171K |
|
1718
Bankunited
BKU
$3.37B
| $16.6M | ﹤0.01% |
769,843
-8,823
| -1% | -$182K |
|
1719
Atlanta Braves Holdings Series B
BATRK
$3.26B
| $16.6M | ﹤0.01% |
418,090
-3,335
| -0.8% | -$125K |
|
1720
Celldex Therapeutics
CLDX
$2.99B
| $16.5M | ﹤0.01% |
487,752
+7,199
| +1% | +$243K |
|
|
MORF
1721
DELISTED
Morphic Holding, Inc. Common Stock
MORF
| $16.5M | ﹤0.01% |
288,609
+51,469
| +22% | +$2.69M |
|
1722
Stride
LRN
$3.41B
| $16.5M | ﹤0.01% |
444,391
+5,143
| +1% | +$206K |
|
1723
MasterBrand
MBC
$1.06B
| $16.5M | ﹤0.01% |
1,416,174
+601,846
| +74% | +$5.77M |
|
1724
Acadia Realty Trust
AKR
$3.09B
| $16.4M | ﹤0.01% |
1,138,650
-12,929
| -1% | -$174K |
|
1725
Strategic Education
STRA
$1.85B
| $16.3M | ﹤0.01% |
240,965
+2,666
| +1% | +$218K |
|
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.