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 |
Chevron
CVX
|
+$466M |
| 2 |
Applovin
APP
|
+$349M |
| 3 |
General Dynamics
GD
|
+$272M |
| 4 |
iShares Core S&P 500 ETF
IVV
|
+$257M |
| 5 |
iShares Global Infrastructure ETF
IGF
|
+$222M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ANSS
Ansys
ANSS
|
+$396M |
| 2 |
HES
Hess
HES
|
+$383M |
| 3 |
Apple
AAPL
|
+$362M |
| 4 |
NVIDIA
NVDA
|
+$298M |
| 5 |
Microsoft
MSFT
|
+$187M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 30.46% |
| 2 | Financials | 12.23% |
| 3 | Consumer Discretionary | 9.45% |
| 4 | Communication Services | 8.8% |
| 5 | Healthcare | 8.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
176
US Bancorp
USB
$100B
| $794M | 0.1% |
16,438,774
+172,645
| +1% | +$8.17M |
|
177
Aon
AON
$81.4B
| $789M | 0.1% |
2,213,069
-55,614
| -2% | -$20.1M |
|
178
KKR & Co
KKR
$92.2B
| $788M | 0.1% |
6,060,773
-11,260
| -0.2% | -$1.6M |
|
179
FlexShares High Yield Value-Scored Bond Index Fund
HYGV
$1.09B
| $787M | 0.1% |
19,096,910
-691,722
| -3% | -$28.3M |
|
180
Northern Trust
NTRS
$22.2B
| $779M | 0.1% |
5,785,982
-68,855
| -1% | -$8.86M |
|
181
HCA Healthcare
HCA
$92.8B
| $775M | 0.1% |
1,819,159
-78,937
| -4% | -$30.6M |
|
182
Vanguard Tax-Exempt Bond Index Fund
VTEB
$45.3B
| $775M | 0.1% |
15,479,185
-89,692
| -0.6% | -$4.41M |
|
183
State Street SPDR S&P Global Natural Resources ETF
GNR
$4.72B
| $771M | 0.1% |
13,021,219
-377,954
| -3% | -$21.5M |
|
184
Aflac
AFL
$65.9B
| $760M | 0.1% |
6,801,531
-129,131
| -2% | -$13.6M |
|
185
Johnson Controls International
JCI
$85.6B
| $759M | 0.1% |
6,907,287
+72,917
| +1% | +$7.79M |
|
186
Corteva
CTVA
$59.5B
| $755M | 0.1% |
11,169,284
+194,728
| +2% | +$14.1M |
|
187
iShares ESG Aware MSCI USA ETF
ESGU
$17.8B
| $750M | 0.1% |
5,151,459
-361,154
| -7% | -$50.6M |
|
|
FISV
188
Fiserv Inc
FISV
$28.9B
| $741M | 0.09% |
5,749,674
-227,011
| -4% | -$32.5M |
|
189
Howmet Aerospace
HWM
$114B
| $738M | 0.09% |
3,759,663
-29,457
| -0.8% | -$5.37M |
|
190
Elevance Health
ELV
$83.7B
| $736M | 0.09% |
2,277,649
-49,779
| -2% | -$15.5M |
|
191
Cummins
CMI
$88.5B
| $730M | 0.09% |
1,727,267
-21,647
| -1% | -$8.3M |
|
192
Colgate-Palmolive
CL
$74.2B
| $719M | 0.09% |
8,995,183
-208,105
| -2% | -$17.8M |
|
193
Arthur J. Gallagher & Co
AJG
$68.2B
| $718M | 0.09% |
2,317,351
-30,992
| -1% | -$9.34M |
|
194
Realty Income
O
$61.3B
| $712M | 0.09% |
11,716,184
-135,856
| -1% | -$7.91M |
|
195
Cencora
COR
$62.2B
| $710M | 0.09% |
2,272,464
+126,929
| +6% | +$37.3M |
|
196
Northrop Grumman
NOC
$78B
| $705M | 0.09% |
1,157,121
-14,593
| -1% | -$8.27M |
|
197
ASML
ASML
$608B
| $705M | 0.09% |
727,864
+38,286
| +6% | +$30.1M |
|
198
CSX Corp
CSX
$94.2B
| $701M | 0.09% |
19,747,932
-397,887
| -2% | -$13.6M |
|
199
Public Storage
PSA
$61.7B
| $695M | 0.09% |
2,406,296
+644
| +0% | +$185K |
|
200
Allstate
ALL
$70.1B
| $689M | 0.09% |
3,212,093
-66,928
| -2% | -$13.5M |
|
Similar funds
Northern Trust's Q3 2025 Portfolio in Review
As of Q3 2025, Northern Trust held 4,566 positions worth $782B, up 7.5% from $727B the previous quarter. Its ten largest holdings account for 30% of the portfolio.
Northern Trust's Q3 2025 filing shows 167 new, 1,770 increased, 2,268 reduced and 144 closed positions. Its largest new stake was Amrize Ltd: 1,020,799 shares worth $49.5M. The largest sale was Ansys, an estimated $396M.
By sector, the portfolio is most concentrated in Technology at 30% of assets, up from 29% a quarter earlier, followed by Financials and Consumer Discretionary.
- Northern Trust's largest Q3 2025 buy was Amrize Ltd: 1,020,799 shares worth $49.5M.
- Northern Trust added most to Chevron in Q3 2025, an estimated $466M increase.
- Northern Trust's biggest Q3 2025 reduction was Apple, cutting an estimated $362M.
- Northern Trust fully exited Ansys in Q3 2025, selling an estimated $396M.
- Northern Trust's ten largest holdings make up 30% of its $782B portfolio in Q3 2025.
- Northern Trust opened 167 new positions and closed 144 in Q3 2025.
- Northern Trust's portfolio value rose 7.5% quarter-over-quarter to $782B.
Based on Northern Trust's 13F filing for Q3 2025, filed 14 Nov 2025.