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 | |
|---|---|---|---|---|---|---|
1976
ZipRecruiter
ZIP
$321M
| $11.3M | ﹤0.01% |
634,393
-16,434
| -3% | -$270K |
|
1977
Twist Bioscience
TWST
$5.7B
| $11.2M | ﹤0.01% |
548,784
+27,780
| +5% | +$416K |
|
|
AGR
1978
DELISTED
Avangrid, Inc.
AGR
| $11.2M | ﹤0.01% |
296,893
-19,696
| -6% | -$773K |
|
|
CCRN
1979
DELISTED
Cross Country Healthcare
CCRN
| $11.2M | ﹤0.01% |
397,215
-4,767
| -1% | -$118K |
|
1980
Chegg
CHGG
$110M
| $11.2M | ﹤0.01% |
1,255,856
-261,472
| -17% | -$3.17M |
|
1981
Sprinklr
CXM
$1.49B
| $11.1M | ﹤0.01% |
806,096
+647,132
| +407% | +$8.37M |
|
1982
LegalZoom.com
LZ
$1.35B
| $11.1M | ﹤0.01% |
918,505
+97,263
| +12% | +$1.03M |
|
|
PDM
1983
Piedmont Realty Trust
PDM
$1.21B
| $11.1M | ﹤0.01% |
1,522,683
+117,072
| +8% | +$779K |
|
1984
Orion
OEC
$381M
| $11.1M | ﹤0.01% |
521,655
-27,576
| -5% | -$665K |
|
1985
Peloton Interactive
PTON
$2.77B
| $11.1M | ﹤0.01% |
1,437,768
+40,925
| +3% | +$348K |
|
1986
Cimpress
CMPR
$2.39B
| $11.1M | ﹤0.01% |
185,801
+6,494
| +4% | +$320K |
|
1987
argenx
ARGX
$53.4B
| $11M | ﹤0.01% |
28,309
+6,489
| +30% | +$2.55M |
|
|
EVBG
1988
DELISTED
Everbridge, Inc. Common Stock
EVBG
| $11M | ﹤0.01% |
409,701
+19,446
| +5% | +$524K |
|
|
SHOE
1989
Shoe Station Group
SHOE
$413M
| $11M | ﹤0.01% |
469,364
+28,908
| +7% | +$664K |
|
1990
B&G Foods
BGS
$287M
| $11M | ﹤0.01% |
791,662
+9,692
| +1% | +$139K |
|
|
BBT
1991
Beacon Financial Corp
BBT
$2.66B
| $11M | ﹤0.01% |
531,161
+9,090
| +2% | +$196K |
|
1992
Hope Bancorp
HOPE
$1.79B
| $11M | ﹤0.01% |
1,304,777
+28,130
| +2% | +$246K |
|
1993
Under Armour
UAA
$2.84B
| $11M | ﹤0.01% |
1,521,561
-268,149
| -15% | -$2.16M |
|
|
ARGO
1994
DELISTED
Argo Group International Holdings, Ltd.
ARGO
| $11M | ﹤0.01% |
370,550
+8,581
| +2% | +$252K |
|
|
HCP
1995
DELISTED
HashiCorp, Inc. Class A Common Stock
HCP
| $11M | ﹤0.01% |
418,682
+240,951
| +136% | +$7.06M |
|
1996
Arlo Technologies
ARLO
$1.6B
| $11M | ﹤0.01% |
1,004,415
+17,471
| +2% | +$142K |
|
1997
TriMas Corp
TRS
$1.43B
| $11M | ﹤0.01% |
398,527
-4,004
| -1% | -$106K |
|
|
BDN
1998
Brandywine Realty Trust
BDN
$524M
| $10.9M | ﹤0.01% |
2,352,632
-719,948
| -23% | -$2.94M |
|
1999
Zeta Global
ZETA
$5.38B
| $10.9M | ﹤0.01% |
1,279,498
+171,097
| +15% | +$1.57M |
|
2000
Qfin Holdings
QFIN
$1.69B
| $10.9M | ﹤0.01% |
632,210
-79,299
| -11% | -$1.33M |
|
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.