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 |
Illinois Tool Works
ITW
|
+$224M |
| 2 |
iShares Core S&P 500 ETF
IVV
|
+$199M |
| 3 |
Vanguard Short-Term Bond ETF
BSV
|
+$129M |
| 4 |
Vanguard S&P 500 ETF
VOO
|
+$116M |
| 5 |
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
|
+$102M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.44B |
| 2 |
Microsoft
MSFT
|
+$1.15B |
| 3 |
NVIDIA
NVDA
|
+$628M |
| 4 |
Amazon
AMZN
|
+$524M |
| 5 |
Tesla
TSLA
|
+$355M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.4% |
| 2 | Financials | 11.58% |
| 3 | Healthcare | 11.43% |
| 4 | Consumer Discretionary | 9.44% |
| 5 | Industrials | 8.48% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1901
Barrett Business Services
BBSI
$959M
| $12.6M | ﹤0.01% |
397,028
-35,876
| -8% | -$1.04M |
|
|
DNB
1902
DELISTED
Dun & Bradstreet
DNB
| $12.6M | ﹤0.01% |
1,250,458
-47,069
| -4% | -$514K |
|
|
NWLI
1903
DELISTED
National Western Life Group, Inc. Class A
NWLI
| $12.5M | ﹤0.01% |
25,332
-531
| -2% | -$258K |
|
1904
Vestis
VSTS
$1.91B
| $12.5M | ﹤0.01% |
646,416
-94,671
| -13% | -$1.87M |
|
1905
Payoneer
PAYO
$2.42B
| $12.4M | ﹤0.01% |
2,551,299
-51,055
| -2% | -$249K |
|
|
SCS
1906
DELISTED
Steelcase
SCS
| $12.4M | ﹤0.01% |
945,061
-13,475
| -1% | -$173K |
|
1907
Allegro MicroSystems
ALGM
$7.73B
| $12.4M | ﹤0.01% |
458,483
-63,283
| -12% | -$1.83M |
|
1908
POSCO
PKX
$16.1B
| $12.4M | ﹤0.01% |
157,569
-1,524
| -1% | -$125K |
|
|
DO
1909
DELISTED
Diamond Offshore Drilling, Inc.
DO
| $12.3M | ﹤0.01% |
904,351
-22,048
| -2% | -$272K |
|
1910
Orion
OEC
$381M
| $12.3M | ﹤0.01% |
524,193
-7,511
| -1% | -$174K |
|
1911
Koppers
KOP
$943M
| $12.3M | ﹤0.01% |
222,463
-4,773
| -2% | -$247K |
|
1912
Kura Sushi USA
KRUS
$560M
| $12.3M | ﹤0.01% |
106,565
-990
| -0.9% | -$96.1K |
|
|
EDR
1913
DELISTED
Endeavor Group Holdings, Inc.
EDR
| $12.2M | ﹤0.01% |
473,595
-9,385
| -2% | -$230K |
|
1914
NRC Health Common Stock
NRC
$432M
| $12.2M | ﹤0.01% |
307,272
+32,978
| +12% | +$1.3M |
|
1915
Ambev
ABEV
$48.1B
| $12.2M | ﹤0.01% |
4,906,683
-1,880,625
| -28% | -$4.9M |
|
1916
KB Financial Group
KB
$41.4B
| $12.1M | ﹤0.01% |
233,338
-8,793
| -4% | -$415K |
|
1917
Tandem Diabetes Care
TNDM
$1.34B
| $12.1M | ﹤0.01% |
342,525
-8,299
| -2% | -$222K |
|
1918
iShares S&P 100 ETF
OEF
$20.1B
| $12.1M | ﹤0.01% |
49,009
-1,318
| -3% | -$311K |
|
1919
Ichor Holdings
ICHR
$2.62B
| $12.1M | ﹤0.01% |
313,691
-5,973
| -2% | -$231K |
|
1920
National Beverage
FIZZ
$2.96B
| $12.1M | ﹤0.01% |
254,960
-5,931
| -2% | -$290K |
|
1921
Alphatec Holdings
ATEC
$1.46B
| $12.1M | ﹤0.01% |
875,525
-2,514
| -0.3% | -$37.3K |
|
1922
InMode
INMD
$870M
| $12.1M | ﹤0.01% |
558,511
-20,207
| -3% | -$452K |
|
1923
Cars.com
CARS
$662M
| $12M | ﹤0.01% |
699,156
-20,804
| -3% | -$371K |
|
1924
XPEL
XPEL
$1.22B
| $12M | ﹤0.01% |
222,194
-6,134
| -3% | -$321K |
|
|
TEF
1925
DELISTED
Telefonica
TEF
| $12M | ﹤0.01% |
2,721,359
+53,321
| +2% | +$219K |
|
Similar funds
Northern Trust's Q1 2024 Portfolio in Review
As of Q1 2024, Northern Trust held 4,565 positions worth $579B, up 4.8% from $552B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Northern Trust withdrew a net $22.5B in Q1 2024, closing 140 positions and reducing 3,160 holdings. Its most notable exit was Splunk Inc, an estimated $163M position sold in full.
By sector, the portfolio is most concentrated in Technology at 26% of assets, up from 26% a quarter earlier, followed by Financials and Healthcare.
Against the trend, Northern Trust opened a new position in Arcadium Lithium plc worth $50.1M.
- Northern Trust's largest Q1 2024 buy was Arcadium Lithium plc: 11,618,079 shares worth $50.1M.
- Northern Trust added most to Illinois Tool Works in Q1 2024, an estimated $224M increase.
- Northern Trust's biggest Q1 2024 reduction was Apple, cutting an estimated $1.44B.
- Northern Trust fully exited Splunk Inc in Q1 2024, selling an estimated $163M.
- Northern Trust's ten largest holdings make up 25% of its $579B portfolio in Q1 2024.
- Northern Trust opened 95 new positions and closed 140 in Q1 2024.
- Northern Trust's portfolio value rose 4.8% quarter-over-quarter to $579B.
Based on Northern Trust's 13F filing for Q1 2024, filed 14 May 2024.