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 | |
|---|---|---|---|---|---|---|
1926
Mesa Laboratories
MLAB
$564M
| $11.9M | ﹤0.01% |
92,993
+6,213
| +7% | +$947K |
|
1927
Core & Main
CNM
$8.23B
| $11.9M | ﹤0.01% |
380,732
+70,132
| +23% | +$1.88M |
|
|
LBAI
1928
DELISTED
Lakeland Bancorp Inc
LBAI
| $11.9M | ﹤0.01% |
886,954
-4,191
| -0.5% | -$58.5K |
|
1929
Astec Industries
ASTE
$1.16B
| $11.9M | ﹤0.01% |
260,972
+15,306
| +6% | +$631K |
|
1930
Franco-Nevada
FNV
$41.1B
| $11.8M | ﹤0.01% |
82,991
-4,470
| -5% | -$671K |
|
1931
ORIX
IX
$44B
| $11.8M | ﹤0.01% |
648,260
+30,035
| +5% | +$521K |
|
|
JAMF
1932
DELISTED
Jamf
JAMF
| $11.8M | ﹤0.01% |
605,620
+369,371
| +156% | +$6.84M |
|
|
SASR
1933
DELISTED
Sandy Spring Bancorp Inc
SASR
| $11.8M | ﹤0.01% |
520,577
+1,961
| +0.4% | +$45K |
|
1934
National Bank Holdings
NBHC
$1.92B
| $11.8M | ﹤0.01% |
405,999
+76,800
| +23% | +$2.4M |
|
|
VISN
1935
Vistance Networks Inc
VISN
$2.65B
| $11.8M | ﹤0.01% |
2,092,991
+100,301
| +5% | +$479K |
|
1936
Uranium Energy
UEC
$4.75B
| $11.8M | ﹤0.01% |
3,465,145
+133,315
| +4% | +$380K |
|
1937
Varex Imaging
VREX
$472M
| $11.8M | ﹤0.01% |
499,719
+13,590
| +3% | +$283K |
|
|
HPP
1938
Hudson Pacific Properties
HPP
$747M
| $11.8M | ﹤0.01% |
397,866
+118,679
| +43% | +$4.24M |
|
1939
BOK Financial
BOKF
$8.58B
| $11.8M | ﹤0.01% |
145,480
-721
| -0.5% | -$59.4K |
|
1940
Malibu Boats
MBUU
$541M
| $11.7M | ﹤0.01% |
199,985
-1,430
| -0.7% | -$80.3K |
|
|
ARR
1941
Armour Residential REIT
ARR
$2.33B
| $11.7M | ﹤0.01% |
439,825
+91,926
| +26% | +$2.34M |
|
|
BORR
1942
Borr Drilling
BORR
$1.24B
| $11.7M | ﹤0.01% |
1,554,431
+242,651
| +18% | +$1.74M |
|
1943
Harmony Biosciences
HRMY
$2.04B
| $11.7M | ﹤0.01% |
332,284
+58,018
| +21% | +$2M |
|
|
SILK
1944
DELISTED
Silk Road Medical, Inc. Common Stock
SILK
| $11.7M | ﹤0.01% |
359,820
+7,050
| +2% | +$257K |
|
|
CIR
1945
DELISTED
CIRCOR International, Inc
CIR
| $11.7M | ﹤0.01% |
206,568
+3,154
| +2% | +$111K |
|
1946
Hain Celestial
HAIN
$45M
| $11.7M | ﹤0.01% |
931,555
-16,601
| -2% | -$244K |
|
1947
AMERISAFE
AMSF
$543M
| $11.7M | ﹤0.01% |
218,562
-96,274
| -31% | -$5.13M |
|
1948
Brown-Forman Class A
BF.A
$13.4B
| $11.7M | ﹤0.01% |
171,155
+53,576
| +46% | +$3.49M |
|
1949
Procept Biorobotics
PRCT
$1.06B
| $11.6M | ﹤0.01% |
329,364
+90,200
| +38% | +$2.98M |
|
1950
Frontline
FRO
$8.76B
| $11.6M | ﹤0.01% |
800,994
-778,965
| -49% | -$11.6M |
|
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.