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 | |
|---|---|---|---|---|---|---|
|
CCC
1901
CCC Intelligent Solutions
CCC
$3.59B
| $12.3M | ﹤0.01% |
1,098,435
+138,346
| +14% | +$1.36M |
|
|
PMT
1902
PennyMac Mortgage Investment
PMT
$822M
| $12.3M | ﹤0.01% |
912,822
-16,405
| -2% | -$201K |
|
1903
StepStone Group
STEP
$3.61B
| $12.3M | ﹤0.01% |
495,088
-2,172
| -0.4% | -$49.9K |
|
1904
Comstock Resources
CRK
$3.89B
| $12.3M | ﹤0.01% |
1,056,579
+113,639
| +12% | +$1.18M |
|
1905
ProPetro Holding
PUMP
$1.36B
| $12.2M | ﹤0.01% |
1,485,200
+272,313
| +22% | +$2M |
|
1906
NRC Health Common Stock
NRC
$432M
| $12.2M | ﹤0.01% |
281,224
+1,343
| +0.5% | +$59.1K |
|
1907
Ichor Holdings
ICHR
$2.62B
| $12.2M | ﹤0.01% |
325,998
+17,834
| +6% | +$556K |
|
1908
Herbalife
HLF
$1.29B
| $12.2M | ﹤0.01% |
922,933
+6,751
| +0.7% | +$91.9K |
|
1909
iShares Russell Mid-Cap Value ETF
IWS
$15.6B
| $12.2M | ﹤0.01% |
111,106
-5,572
| -5% | -$587K |
|
1910
Gogo Inc
GOGO
$565M
| $12.2M | ﹤0.01% |
716,899
+171,689
| +31% | +$2.54M |
|
1911
Horace Mann Educators
HMN
$2.1B
| $12.2M | ﹤0.01% |
410,640
-4,032
| -1% | -$128K |
|
1912
Kaiser Aluminum
KALU
$2.61B
| $12.2M | ﹤0.01% |
169,934
-3,842
| -2% | -$254K |
|
1913
MillerKnoll
MLKN
$1.53B
| $12.2M | ﹤0.01% |
823,279
-14,204
| -2% | -$227K |
|
1914
CGI
GIB
$15.1B
| $12.2M | ﹤0.01% |
115,381
-68,593
| -37% | -$6.99M |
|
1915
iShares Russell Mid-Cap Growth ETF
IWP
$19.8B
| $12.1M | ﹤0.01% |
125,655
+11,671
| +10% | +$1.06M |
|
1916
Ethan Allen Interiors
ETD
$570M
| $12.1M | ﹤0.01% |
428,518
+9,692
| +2% | +$263K |
|
1917
Pediatrix Medical
MD
$2.18B
| $12.1M | ﹤0.01% |
851,168
+14,929
| +2% | +$210K |
|
1918
National Healthcare
NHC
$3.53B
| $12.1M | ﹤0.01% |
194,978
-200
| -0.1% | -$11.9K |
|
1919
Hawkins
HWKN
$2.67B
| $12M | ﹤0.01% |
252,453
+1,774
| +0.7% | +$80K |
|
1920
Construction Partners
ROAD
$5.84B
| $12M | ﹤0.01% |
383,112
+5,169
| +1% | +$148K |
|
|
NXGN
1921
DELISTED
NextGen Healthcare, Inc. Common Stock
NXGN
| $12M | ﹤0.01% |
740,392
-2,788
| -0.4% | -$46.2K |
|
1922
Payoneer
PAYO
$2.42B
| $12M | ﹤0.01% |
2,495,128
+350,738
| +16% | +$1.75M |
|
1923
State Street Materials Select Sector SPDR ETF
XLB
$8.5B
| $12M | ﹤0.01% |
288,880
-8,510
| -3% | -$338K |
|
1924
Restaurant Brands International
QSR
$25.7B
| $12M | ﹤0.01% |
154,291
-309
| -0.2% | -$22.3K |
|
1925
Liberty Latin America Class C
LILAK
$1.63B
| $12M | ﹤0.01% |
1,526,100
-16,348
| -1% | -$122K |
|
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.