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 | |
|---|---|---|---|---|---|---|
2001
IDT Corp
IDT
$1.64B
| $11.2M | ﹤0.01% |
163,720
-906
| -0.6% | -$51.9K |
|
|
OLO
2002
DELISTED
Olo Inc
OLO
| $11.2M | ﹤0.01% |
1,254,843
+216,857
| +21% | +$1.68M |
|
2003
Kohl's
KSS
$2.21B
| $11.2M | ﹤0.01% |
1,315,299
+379,485
| +41% | +$2.92M |
|
2004
Neogen
NEOG
$2.51B
| $11.1M | ﹤0.01% |
2,330,699
-659,780
| -22% | -$3.79M |
|
|
ETNB
2005
DELISTED
89bio
ETNB
| $11.1M | ﹤0.01% |
1,132,437
+46,973
| +4% | +$389K |
|
2006
Bank First Corp
BFC
$1.68B
| $11M | ﹤0.01% |
93,794
+1,965
| +2% | +$219K |
|
|
AMWD
2007
DELISTED
American Woodmark
AMWD
| $11M | ﹤0.01% |
206,667
-8,537
| -4% | -$482K |
|
|
HSII
2008
DELISTED
Heidrick & Struggles
HSII
| $11M | ﹤0.01% |
240,988
-4,456
| -2% | -$187K |
|
2009
Middlesex Water
MSEX
$1.04B
| $11M | ﹤0.01% |
202,609
-11,544
| -5% | -$683K |
|
|
EVRI
2010
DELISTED
Everi Holdings
EVRI
| $11M | ﹤0.01% |
770,520
-6,203
| -0.8% | -$86.7K |
|
2011
Biohaven
BHVN
$2.08B
| $11M | ﹤0.01% |
776,495
-24,093
| -3% | -$429K |
|
2012
Aegon
AEG
$14B
| $10.9M | ﹤0.01% |
1,511,752
+59,631
| +4% | +$399K |
|
2013
Vicor
VICR
$9.42B
| $10.9M | ﹤0.01% |
240,932
-3,231
| -1% | -$144K |
|
2014
Healthcare Services Group
HCSG
$1.58B
| $10.9M | ﹤0.01% |
726,078
-21,239
| -3% | -$282K |
|
2015
James Hardie Industries
JHX
$15.4B
| $10.9M | ﹤0.01% |
405,789
+17,807
| +5% | +$430K |
|
2016
Liberty Media Series A
FWONA
$23.1B
| $10.9M | ﹤0.01% |
114,874
-2,366
| -2% | -$200K |
|
|
UCTT
2017
Ultra Clean Holdings
UCTT
$3.73B
| $10.9M | ﹤0.01% |
483,197
-30,075
| -6% | -$617K |
|
|
MRC
2018
DELISTED
MRC Global
MRC
| $10.9M | ﹤0.01% |
795,000
-33,354
| -4% | -$402K |
|
|
SPTN
2019
DELISTED
SpartanNash
SPTN
| $10.9M | ﹤0.01% |
411,198
-28,737
| -7% | -$575K |
|
2020
Helix Energy Solutions
HLX
$1.36B
| $10.9M | ﹤0.01% |
1,743,788
+37,888
| +2% | +$251K |
|
2021
G-III Apparel Group
GIII
$1.55B
| $10.9M | ﹤0.01% |
485,455
-16,790
| -3% | -$423K |
|
2022
Vera Therapeutics
VERA
$2.37B
| $10.8M | ﹤0.01% |
460,510
+42,251
| +10% | +$950K |
|
2023
Coastal Financial
CCB
$609M
| $10.8M | ﹤0.01% |
111,949
-4,211
| -4% | -$363K |
|
2024
Indivior Pharmaceuticals
INDV
$4.75B
| $10.8M | ﹤0.01% |
+735,164
| New | +$8.56M |
|
2025
Helios Technologies
HLIO
$2.57B
| $10.8M | ﹤0.01% |
324,197
+11,914
| +4% | +$359K |
|
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.