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 |
iShares Core US Aggregate Bond ETF
AGG
|
+$416M |
| 2 |
iShares Core S&P 500 ETF
IVV
|
+$356M |
| 3 |
iShares MSCI ACWI ETF
ACWI
|
+$200M |
| 4 |
Q
Qnity Electronics Inc
Q
|
+$196M |
| 5 |
Vanguard FTSE Developed Markets ETF
VEA
|
+$183M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.07B |
| 2 |
NVIDIA
NVDA
|
+$1.05B |
| 3 |
Microsoft
MSFT
|
+$694M |
| 4 |
Amazon
AMZN
|
+$528M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$390M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 30.02% |
| 2 | Financials | 12.19% |
| 3 | Consumer Discretionary | 9.19% |
| 4 | Healthcare | 9.17% |
| 5 | Communication Services | 9.15% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1976
Papa John's
PZZA
$984M
| $12.2M | ﹤0.01% |
317,738
-23,644
| -7% | -$1.04M |
|
1977
Coastal Financial
CCB
$626M
| $12.2M | ﹤0.01% |
106,652
-6,210
| -6% | -$678K |
|
1978
Worthington Steel
WS
$1.83B
| $12.2M | ﹤0.01% |
351,858
-21,708
| -6% | -$714K |
|
1979
A10 Networks
ATEN
$2.13B
| $12.2M | ﹤0.01% |
687,726
-39,905
| -5% | -$707K |
|
1980
CTS Corp
CTS
$1.83B
| $12.1M | ﹤0.01% |
283,376
-21,966
| -7% | -$921K |
|
1981
Ultragenyx Pharmaceutical
RARE
$2.45B
| $12.1M | ﹤0.01% |
526,686
+27,454
| +5% | +$903K |
|
1982
German American Bancorp
GABC
$1.91B
| $12.1M | ﹤0.01% |
308,974
-21,236
| -6% | -$837K |
|
1983
Teladoc Health
TDOC
$1.22B
| $12.1M | ﹤0.01% |
1,727,509
-90,402
| -5% | -$708K |
|
1984
RLJ Lodging Trust
RLJ
$1.86B
| $12M | ﹤0.01% |
1,614,215
-312,568
| -16% | -$2.27M |
|
1985
PENN Entertainment
PENN
$2.75B
| $12M | ﹤0.01% |
812,920
-96,621
| -11% | -$1.51M |
|
1986
AdaptHealth
AHCO
$1.47B
| $12M | ﹤0.01% |
1,200,774
-44,642
| -4% | -$426K |
|
1987
Aegon
AEG
$14B
| $12M | ﹤0.01% |
1,551,174
+11,835
| +0.8% | +$90.5K |
|
|
LGN
1988
Legence Corp
LGN
$4.91B
| $12M | ﹤0.01% |
+277,754
| New | +$11M |
|
1989
Carter's
CRI
$1.42B
| $11.9M | ﹤0.01% |
368,452
-15,373
| -4% | -$480K |
|
1990
Appian
APPN
$1.98B
| $11.9M | ﹤0.01% |
337,249
-21,016
| -6% | -$749K |
|
1991
JetBlue
JBLU
$2.28B
| $11.9M | ﹤0.01% |
2,618,632
-311,271
| -11% | -$1.42M |
|
|
PDM
1992
Piedmont Realty Trust
PDM
$1.21B
| $11.9M | ﹤0.01% |
1,424,835
-14,549
| -1% | -$121K |
|
1993
Monarch Casino & Resort
MCRI
$2.2B
| $11.8M | ﹤0.01% |
123,732
-5,012
| -4% | -$482K |
|
1994
Winnebago Industries
WGO
$856M
| $11.8M | ﹤0.01% |
291,419
-14,197
| -5% | -$518K |
|
1995
Ambev
ABEV
$48.1B
| $11.8M | ﹤0.01% |
4,769,094
+958,589
| +25% | +$2.28M |
|
1996
Ardelyx
ARDX
$1.22B
| $11.8M | ﹤0.01% |
2,019,285
-98,707
| -5% | -$550K |
|
1997
Leonardo DRS
DRS
$12.3B
| $11.8M | ﹤0.01% |
345,089
-10,809
| -3% | -$399K |
|
1998
Enact Holdings
ACT
$6.61B
| $11.8M | ﹤0.01% |
296,542
-36,269
| -11% | -$1.37M |
|
|
UCTT
1999
Ultra Clean Holdings
UCTT
$3.73B
| $11.7M | ﹤0.01% |
463,260
-21,480
| -4% | -$571K |
|
2000
John Wiley & Sons Class A
WLY
$2.65B
| $11.7M | ﹤0.01% |
382,336
-33,589
| -8% | -$1.18M |
|
Similar funds
Northern Trust's Q4 2025 Portfolio in Review
As of Q4 2025, Northern Trust held 4,578 positions worth $784B, up 0.34% from $782B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Northern Trust's Q4 2025 filing shows 156 new, 1,197 increased, 2,921 reduced and 129 closed positions. Its largest new stake was Qnity Electronics Inc: 2,302,319 shares worth $188M. The largest sale was Apple, an estimated $1.07B.
By sector, the portfolio is most concentrated in Technology at 30% of assets, down from 30% a quarter earlier, followed by Financials and Consumer Discretionary.
- Northern Trust's largest Q4 2025 buy was Qnity Electronics Inc: 2,302,319 shares worth $188M.
- Northern Trust added most to iShares Core US Aggregate Bond ETF in Q4 2025, an estimated $416M increase.
- Northern Trust's biggest Q4 2025 reduction was Apple, cutting an estimated $1.07B.
- Northern Trust fully exited Kellanova in Q4 2025, selling an estimated $285M.
- Northern Trust's ten largest holdings make up 31% of its $784B portfolio in Q4 2025.
- Northern Trust opened 156 new positions and closed 129 in Q4 2025.
- Northern Trust's portfolio value rose 0.34% quarter-over-quarter to $784B.
Based on Northern Trust's 13F filing for Q4 2025, filed 17 Feb 2026.