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 | |
|---|---|---|---|---|---|---|
1801
Spectrum Brands
SPB
$2.04B
| $14.5M | ﹤0.01% |
185,342
-4,407
| -2% | -$314K |
|
1802
Expro Ltd
XPRO
$1.79B
| $14.5M | ﹤0.01% |
816,092
+92,271
| +13% | +$1.66M |
|
|
AAT
1803
American Assets Trust
AAT
$1.45B
| $14.5M | ﹤0.01% |
752,945
+80,269
| +12% | +$1.5M |
|
1804
Armstrong World Industries
AWI
$7.38B
| $14.5M | ﹤0.01% |
196,733
-12,414
| -6% | -$845K |
|
1805
Petrobras
PBR
$125B
| $14.4M | ﹤0.01% |
1,043,159
+139,904
| +15% | +$1.7M |
|
1806
Ultragenyx Pharmaceutical
RARE
$2.45B
| $14.4M | ﹤0.01% |
312,363
+7,653
| +3% | +$355K |
|
|
IBTX
1807
DELISTED
Independent Bank Group, Inc.
IBTX
| $14.4M | ﹤0.01% |
416,209
+20,134
| +5% | +$747K |
|
1808
Veeco
VECO
$3.05B
| $14.4M | ﹤0.01% |
559,604
-1,516
| -0.3% | -$33.3K |
|
1809
Palomar
PLMR
$3.55B
| $14.4M | ﹤0.01% |
247,548
-8,162
| -3% | -$437K |
|
1810
JELD-WEN Holding
JELD
$122M
| $14.3M | ﹤0.01% |
816,879
+18,155
| +2% | +$253K |
|
1811
BGC Group
BGC
$5.45B
| $14.3M | ﹤0.01% |
3,231,774
+146,346
| +5% | +$649K |
|
|
VRE
1812
DELISTED
Veris Residential
VRE
| $14.3M | ﹤0.01% |
891,847
-67,251
| -7% | -$1.09M |
|
1813
Cannae Holdings
CNNE
$639M
| $14.3M | ﹤0.01% |
707,785
+909
| +0.1% | +$17.5K |
|
1814
3D Systems Corp
DDD
$431M
| $14.3M | ﹤0.01% |
1,438,016
+69,110
| +5% | +$632K |
|
1815
Vanguard High Dividend Yield ETF
VYM
$80.9B
| $14.3M | ﹤0.01% |
134,424
-27,095
| -17% | -$2.84M |
|
1816
Goosehead Insurance
GSHD
$2.2B
| $14.2M | ﹤0.01% |
226,282
+26,206
| +13% | +$1.51M |
|
|
BBBY
1817
Bed Bath & Beyond
BBBY
$481M
| $14.2M | ﹤0.01% |
478,562
+45,417
| +10% | +$839K |
|
1818
Tronox
TROX
$932M
| $14.2M | ﹤0.01% |
1,113,772
+44,789
| +4% | +$563K |
|
|
CIM
1819
Chimera Investment
CIM
$1.04B
| $14.2M | ﹤0.01% |
817,708
+21,869
| +3% | +$348K |
|
|
AVDX
1820
DELISTED
AvidXchange
AVDX
| $14.2M | ﹤0.01% |
1,363,536
+104,008
| +8% | +$936K |
|
1821
Perdoceo Education
PRDO
$1.99B
| $14.1M | ﹤0.01% |
1,152,087
-80,656
| -7% | -$1.01M |
|
1822
CryoPort
CYRX
$761M
| $14.1M | ﹤0.01% |
819,004
+9,196
| +1% | +$188K |
|
1823
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.2B
| $14.1M | ﹤0.01% |
189,604
+4,756
| +3% | +$357K |
|
1824
Healthcare Services Group
HCSG
$1.6B
| $14.1M | ﹤0.01% |
941,522
+27,495
| +3% | +$398K |
|
|
TWO
1825
Two Harbors Investment
TWO
$1.27B
| $14M | ﹤0.01% |
1,011,797
-15,681
| -2% | -$207K |
|
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.