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 |
Capital One
COF
|
+$535M |
| 2 |
FlexShares iBoxx 3-Year Target Duration TIPS Index Fund
TDTT
|
+$225M |
| 3 |
Vanguard Short-Term Bond ETF
BSV
|
+$220M |
| 4 |
Vanguard FTSE Developed Markets ETF
VEA
|
+$217M |
| 5 |
FlexShares STOXX Global Broad Infrastructure Index Fund
NFRA
|
+$194M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
DFS
Discover Financial Services
DFS
|
+$501M |
| 2 |
Microsoft
MSFT
|
+$438M |
| 3 |
Apple
AAPL
|
+$437M |
| 4 |
Tesla
TSLA
|
+$373M |
| 5 |
NVIDIA
NVDA
|
+$236M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 29.4% |
| 2 | Financials | 12.68% |
| 3 | Consumer Discretionary | 9.39% |
| 4 | Healthcare | 8.79% |
| 5 | Communication Services | 8.33% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1926
German American Bancorp
GABC
$1.92B
| $12.6M | ﹤0.01% |
328,018
+38,906
| +13% | +$1.46M |
|
1927
ASE Group
ASX
$76.3B
| $12.6M | ﹤0.01% |
1,216,077
+276,222
| +29% | +$2.58M |
|
1928
American Superconductor
AMSC
$1.43B
| $12.5M | ﹤0.01% |
341,549
+11,036
| +3% | +$271K |
|
1929
PagerDuty
PD
$800M
| $12.5M | ﹤0.01% |
818,414
-36,394
| -4% | -$565K |
|
1930
Enact Holdings
ACT
$6.63B
| $12.5M | ﹤0.01% |
335,160
+8,146
| +2% | +$289K |
|
1931
Blue Bird Corp
BLBD
$2.36B
| $12.4M | ﹤0.01% |
288,315
-6,712
| -2% | -$256K |
|
1932
JetBlue
JBLU
$2.29B
| $12.4M | ﹤0.01% |
2,939,878
-120,156
| -4% | -$538K |
|
1933
Vanguard Russell 1000 ETF
VONE
$8.22B
| $12.4M | ﹤0.01% |
44,273
-370
| -0.8% | -$96.1K |
|
1934
Applied Optoelectronics
AAOI
$7.23B
| $12.4M | ﹤0.01% |
483,600
+73,532
| +18% | +$1.19M |
|
1935
Sable Offshore Corp
SOC
$859M
| $12.4M | ﹤0.01% |
564,020
+97,126
| +21% | +$2.26M |
|
1936
Schrodinger
SDGR
$1.15B
| $12.4M | ﹤0.01% |
615,990
+31,212
| +5% | +$713K |
|
1937
ANI Pharmaceuticals
ANIP
$1.83B
| $12.4M | ﹤0.01% |
189,473
-27,389
| -13% | -$1.78M |
|
1938
Plug Power
PLUG
$2.92B
| $12.3M | ﹤0.01% |
8,281,713
+443,652
| +6% | +$443K |
|
1939
Cannae Holdings
CNNE
$646M
| $12.3M | ﹤0.01% |
591,486
+18,062
| +3% | +$334K |
|
1940
Stellantis
STLA
$17B
| $12.3M | ﹤0.01% |
1,225,091
+120,170
| +11% | +$1.18M |
|
1941
Utz Brands
UTZ
$1.25B
| $12.2M | ﹤0.01% |
970,592
-63,464
| -6% | -$830K |
|
1942
Triumph Financial Inc
TFIN
$1.76B
| $12.2M | ﹤0.01% |
220,931
-4,862
| -2% | -$271K |
|
|
PENG
1943
Penguin Solutions Inc
PENG
$2.64B
| $12.2M | ﹤0.01% |
614,602
-9,262
| -1% | -$168K |
|
|
HAPN
1944
Happen Inc
HAPN
$2.23B
| $12.2M | ﹤0.01% |
1,011,710
-28,247
| -3% | -$293K |
|
1945
CG Oncology
CGON
$6.44B
| $12.2M | ﹤0.01% |
468,102
-3,662
| -0.8% | -$88.2K |
|
1946
Safety Insurance
SAFT
$1.52B
| $12.2M | ﹤0.01% |
153,253
-7,408
| -5% | -$585K |
|
1947
Edgewell Personal Care
EPC
$1.26B
| $12.1M | ﹤0.01% |
518,843
-41,922
| -7% | -$1.16M |
|
|
CRCL
1948
Circle Internet Group
CRCL
$16B
| $12.1M | ﹤0.01% |
+66,988
| New | +$10.9M |
|
1949
Harmonic Inc
HLIT
$1.22B
| $12.1M | ﹤0.01% |
1,278,973
+50,383
| +4% | +$460K |
|
1950
FirstService
FSV
$6.65B
| $12.1M | ﹤0.01% |
69,322
-4,187
| -6% | -$725K |
|
Similar funds
Northern Trust's Q2 2025 Portfolio in Review
As of Q2 2025, Northern Trust held 4,554 positions worth $727B, up 8% from $674B the previous quarter. Its ten largest holdings account for 28% of the portfolio.
Northern Trust's Q2 2025 filing shows 137 new, 1,442 increased, 2,512 reduced and 155 closed positions. Its largest new stake was Ralliant Corp: 735,735 shares worth $35.7M. The largest sale was Discover Financial Services, an estimated $501M.
By sector, the portfolio is most concentrated in Technology at 29% of assets, up from 26% a quarter earlier, followed by Financials and Consumer Discretionary.
- Northern Trust's largest Q2 2025 buy was Ralliant Corp: 735,735 shares worth $35.7M.
- Northern Trust added most to Capital One in Q2 2025, an estimated $535M increase.
- Northern Trust's biggest Q2 2025 reduction was Microsoft, cutting an estimated $438M.
- Northern Trust fully exited Discover Financial Services in Q2 2025, selling an estimated $501M.
- Northern Trust's ten largest holdings make up 28% of its $727B portfolio in Q2 2025.
- Northern Trust opened 137 new positions and closed 155 in Q2 2025.
- Northern Trust's portfolio value rose 8% quarter-over-quarter to $727B.
Based on Northern Trust's 13F filing for Q2 2025, filed 13 Aug 2025.