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 |
Uber
UBER
|
+$265M |
| 2 |
Vanguard Short-Term Bond ETF
BSV
|
+$245M |
| 3 |
State Street SPDR S&P Global Natural Resources ETF
GNR
|
+$209M |
| 4 |
iShares Core S&P 500 ETF
IVV
|
+$202M |
| 5 |
Veralto
VLTO
|
+$188M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$1.25B |
| 2 |
Apple
AAPL
|
+$1.25B |
| 3 |
ATVI
Activision Blizzard
ATVI
|
+$717M |
| 4 |
Eli Lilly
LLY
|
+$599M |
| 5 |
NVIDIA
NVDA
|
+$553M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 25.83% |
| 2 | Healthcare | 11.57% |
| 3 | Financials | 11.46% |
| 4 | Consumer Discretionary | 9.84% |
| 5 | Industrials | 8.44% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1976
Under Armour Class C
UA
$2.53B
| $11.4M | ﹤0.01% |
1,361,543
+10,059
| +0.7% | +$72.7K |
|
1977
Peoples Bancorp
PEBO
$1.47B
| $11.3M | ﹤0.01% |
334,411
-57,853
| -15% | -$1.69M |
|
|
DMC
1978
Del Monte Corp
DMC
$1.45B
| $11.3M | ﹤0.01% |
429,434
+1,344
| +0.3% | +$33.1K |
|
|
IRBT
1979
DELISTED
iRobot
IRBT
| $11.3M | ﹤0.01% |
290,955
-7,275
| -2% | -$259K |
|
1980
iShares S&P 100 ETF
OEF
$20.6B
| $11.2M | ﹤0.01% |
50,327
+26
| +0.1% | +$5.47K |
|
|
SOVO
1981
DELISTED
Sovos Brands, Inc. Common Stock
SOVO
| $11.2M | ﹤0.01% |
509,838
+21,009
| +4% | +$462K |
|
1982
OneSpaWorld
OSW
$2.66B
| $11.2M | ﹤0.01% |
795,563
-11,269
| -1% | -$131K |
|
|
RYZ
1983
Ryerson Holding Corp
RYZ
$1.46B
| $11.1M | ﹤0.01% |
321,495
+21,336
| +7% | +$636K |
|
|
PGRE
1984
DELISTED
Paramount Group
PGRE
| $11.1M | ﹤0.01% |
2,154,038
-859,102
| -29% | -$4.08M |
|
1985
Chefs' Warehouse
CHEF
$4.5B
| $11.1M | ﹤0.01% |
378,126
+2,867
| +0.8% | +$69.2K |
|
1986
Ennis
EBF
$564M
| $11.1M | ﹤0.01% |
507,236
+3,030
| +0.6% | +$65.3K |
|
1987
Compass Minerals
CMP
$1.15B
| $11.1M | ﹤0.01% |
438,044
-56,759
| -11% | -$1.45M |
|
1988
Tencent Music
TME
$15.6B
| $11.1M | ﹤0.01% |
1,229,086
-942,571
| -43% | -$7.29M |
|
1989
BioCryst Pharmaceuticals
BCRX
$2.4B
| $11.1M | ﹤0.01% |
1,846,766
-5,897
| -0.3% | -$34.2K |
|
|
HCP
1990
DELISTED
HashiCorp, Inc. Class A Common Stock
HCP
| $11.1M | ﹤0.01% |
467,768
+15,247
| +3% | +$330K |
|
1991
indie Semiconductor
INDI
$854M
| $11M | ﹤0.01% |
1,361,492
+114,269
| +9% | +$745K |
|
|
JAMF
1992
DELISTED
Jamf
JAMF
| $11M | ﹤0.01% |
611,272
-4,874
| -0.8% | -$82.3K |
|
1993
Brady Corp
BRC
$4.57B
| $11M | ﹤0.01% |
187,860
+5,730
| +3% | +$316K |
|
1994
Nicolet Bankshares
NIC
$3.62B
| $11M | ﹤0.01% |
136,929
+2,770
| +2% | +$207K |
|
1995
Southside Bancshares
SBSI
$967M
| $11M | ﹤0.01% |
351,481
+3,632
| +1% | +$106K |
|
|
NXRT
1996
NexPoint Residential Trust
NXRT
$652M
| $11M | ﹤0.01% |
319,723
-15,254
| -5% | -$476K |
|
1997
Shenandoah Telecom
SHEN
$746M
| $11M | ﹤0.01% |
508,219
-6,972
| -1% | -$156K |
|
|
AIV
1998
Aimco
AIV
$383M
| $10.9M | ﹤0.01% |
1,398,433
-205,521
| -13% | -$1.39M |
|
|
MLNK
1999
DELISTED
MeridianLink
MLNK
| $10.9M | ﹤0.01% |
441,492
+6,211
| +1% | +$121K |
|
2000
Unitil
UTL
$980M
| $10.9M | ﹤0.01% |
207,796
+1,084
| +0.5% | +$52.5K |
|
Similar funds
Northern Trust's Q4 2023 Portfolio in Review
As of Q4 2023, Northern Trust held 4,645 positions worth $552B, up 7% from $516B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Northern Trust withdrew a net $19.7B in Q4 2023, closing 173 positions and reducing 1,979 holdings. Its most notable exit was Activision Blizzard, an estimated $717M position sold in full.
By sector, the portfolio is most concentrated in Technology at 26% of assets, up from 25% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Northern Trust opened a new position in Dimensional International Core Equity Market ETF worth $23.2M.
- Northern Trust's largest Q4 2023 buy was Dimensional International Core Equity Market ETF: 810,491 shares worth $23.2M.
- Northern Trust added most to Uber in Q4 2023, an estimated $265M increase.
- Northern Trust's biggest Q4 2023 reduction was Microsoft, cutting an estimated $1.25B.
- Northern Trust fully exited Activision Blizzard in Q4 2023, selling an estimated $717M.
- Northern Trust's ten largest holdings make up 23% of its $552B portfolio in Q4 2023.
- Northern Trust opened 181 new positions and closed 173 in Q4 2023.
- Northern Trust's portfolio value rose 7% quarter-over-quarter to $552B.
Based on Northern Trust's 13F filing for Q4 2023, filed 13 Feb 2024.