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 |
GE HealthCare
GEHC
|
+$258M |
| 2 |
FlexShares Global Upstream Natural Resources Index Fund
GUNR
|
+$198M |
| 3 |
Costco
COST
|
+$104M |
| 4 |
Vanguard FTSE Developed Markets ETF
VEA
|
+$104M |
| 5 |
iShares Core S&P 500 ETF
IVV
|
+$99.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
GE Aerospace
GE
|
+$265M |
| 2 |
PACCAR
PCAR
|
+$231M |
| 3 |
Apple
AAPL
|
+$169M |
| 4 |
SIVB
SVB Financial Group
SIVB
|
+$160M |
| 5 |
Amazon
AMZN
|
+$146M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 23.6% |
| 2 | Healthcare | 12.95% |
| 3 | Financials | 11.15% |
| 4 | Consumer Discretionary | 9.47% |
| 5 | Industrials | 8.45% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
MNTV
1901
DELISTED
Momentive Global Inc. Common Stock
MNTV
| $11.9M | ﹤0.01% |
1,278,007
+12,911
| +1% | +$101K |
|
1902
Wayfair
W
$11.6B
| $11.9M | ﹤0.01% |
345,665
-6,898
| -2% | -$305K |
|
1903
Veeco
VECO
$2.99B
| $11.9M | ﹤0.01% |
561,120
+528
| +0.1% | +$10.9K |
|
1904
Dine Brands
DIN
$462M
| $11.8M | ﹤0.01% |
175,175
-691
| -0.4% | -$50.7K |
|
1905
Modine Manufacturing
MOD
$10.5B
| $11.8M | ﹤0.01% |
511,802
-6,136
| -1% | -$142K |
|
|
BRKL
1906
DELISTED
Brookline Bancorp
BRKL
| $11.8M | ﹤0.01% |
1,122,511
+81,629
| +8% | +$1.03M |
|
1907
Skywest
SKYW
$4.38B
| $11.8M | ﹤0.01% |
531,536
-3,353
| -0.6% | -$65.6K |
|
1908
Telus
TU
$14.7B
| $11.7M | ﹤0.01% |
590,834
+19,410
| +3% | +$395K |
|
1909
Under Armour Class C
UA
$2.85B
| $11.7M | ﹤0.01% |
1,375,338
-62,549
| -4% | -$575K |
|
|
ZUO
1910
DELISTED
Zuora, Inc.
ZUO
| $11.7M | ﹤0.01% |
1,186,447
+47,041
| +4% | +$394K |
|
1911
Unitil
UTL
$975M
| $11.7M | ﹤0.01% |
204,780
-6,722
| -3% | -$359K |
|
|
MODV
1912
DELISTED
ModivCare
MODV
| $11.7M | ﹤0.01% |
138,914
-1,286
| -0.9% | -$124K |
|
1913
Coupang
CPNG
$29.9B
| $11.7M | ﹤0.01% |
728,913
+35,625
| +5% | +$552K |
|
1914
Pathward Financial
CASH
$1.9B
| $11.6M | ﹤0.01% |
280,444
-10,568
| -4% | -$498K |
|
1915
ArcelorMittal
MT
$53.4B
| $11.6M | ﹤0.01% |
385,278
-59,826
| -13% | -$1.78M |
|
1916
Liberty Latin America Class C
LILAK
$1.67B
| $11.6M | ﹤0.01% |
1,542,448
-34,258
| -2% | -$273K |
|
|
VBTX
1917
DELISTED
Veritex Holdings
VBTX
| $11.5M | ﹤0.01% |
631,309
-23,965
| -4% | -$611K |
|
|
AVID
1918
DELISTED
Avid Technology Inc
AVID
| $11.5M | ﹤0.01% |
359,901
+4,685
| +1% | +$139K |
|
1919
Ethan Allen Interiors
ETD
$590M
| $11.5M | ﹤0.01% |
418,826
-15,845
| -4% | -$450K |
|
1920
Maravai LifeSciences
MRVI
$965M
| $11.5M | ﹤0.01% |
820,887
+23,611
| +3% | +$339K |
|
1921
CoreCivic
CXW
$3.02B
| $11.5M | ﹤0.01% |
1,248,106
-50,467
| -4% | -$518K |
|
1922
GlobalFoundries
GFS
$27B
| $11.5M | ﹤0.01% |
158,826
+13,940
| +10% | +$881K |
|
|
HBI
1923
DELISTED
Hanesbrands
HBI
| $11.5M | ﹤0.01% |
2,178,617
-594,582
| -21% | -$3.74M |
|
|
PMT
1924
PennyMac Mortgage Investment
PMT
$826M
| $11.5M | ﹤0.01% |
929,227
-9,982
| -1% | -$134K |
|
1925
Telephone and Data Systems
TDS
$3.87B
| $11.4M | ﹤0.01% |
1,089,137
-9,837
| -0.9% | -$115K |
|
Similar funds
Northern Trust's Q1 2023 Portfolio in Review
As of Q1 2023, Northern Trust held 4,718 positions worth $504B, up 5.8% from $477B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Trading was light in Q1 2023: portfolio turnover was 4.5%. Northern Trust opened 74 new positions and exited 138, leaving the 4,718-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 24% of assets, up from 21% a quarter earlier, followed by Healthcare and Financials.
- Northern Trust's largest Q1 2023 buy was GE HealthCare: 3,613,427 shares worth $296M.
- Northern Trust added most to FlexShares Global Upstream Natural Resources Index Fund in Q1 2023, an estimated $198M increase.
- Northern Trust's biggest Q1 2023 reduction was GE Aerospace, cutting an estimated $265M.
- Northern Trust fully exited SVB Financial Group in Q1 2023, selling an estimated $160M.
- Northern Trust's ten largest holdings make up 21% of its $504B portfolio in Q1 2023.
- Northern Trust opened 74 new positions and closed 138 in Q1 2023.
- Northern Trust's portfolio value rose 5.8% quarter-over-quarter to $504B.
Based on Northern Trust's 13F filing for Q1 2023, filed 15 May 2023.