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 | |
|---|---|---|---|---|---|---|
2176
Klaviyo
KVYO
$5.45B
| $8.34M | ﹤0.01% |
248,499
+49,348
| +25% | +$1.56M |
|
2177
Viridian Therapeutics
VRDN
$2.1B
| $8.34M | ﹤0.01% |
596,883
-105,634
| -15% | -$1.43M |
|
|
SMA
2178
SmartStop Self Storage REIT
SMA
$1.85B
| $8.34M | ﹤0.01% |
+230,146
| New | +$8.11M |
|
2179
Ardelyx
ARDX
$1.24B
| $8.31M | ﹤0.01% |
2,121,172
-51,647
| -2% | -$213K |
|
2180
BrightView Holdings
BV
$1.22B
| $8.3M | ﹤0.01% |
498,266
-37,817
| -7% | -$566K |
|
2181
SITE Centers
SITC
$225M
| $8.28M | ﹤0.01% |
732,422
-85,230
| -10% | -$1.02M |
|
2182
Koppers
KOP
$937M
| $8.27M | ﹤0.01% |
257,157
+14,056
| +6% | +$404K |
|
2183
Freedom Holding
FRHC
$9.78B
| $8.24M | ﹤0.01% |
56,415
+34,993
| +163% | +$5.16M |
|
2184
GlobalFoundries
GFS
$27.8B
| $8.22M | ﹤0.01% |
215,227
-13,882
| -6% | -$503K |
|
2185
Schwab US Broad Market ETF
SCHB
$43B
| $8.21M | ﹤0.01% |
344,343
+90,522
| +36% | +$1.99M |
|
2186
Brookfield Infrastructure Partners
BIP
$19.2B
| $8.2M | ﹤0.01% |
244,863
+6,100
| +3% | +$191K |
|
2187
Mercantile Bank Corp
MBWM
$1.03B
| $8.19M | ﹤0.01% |
176,536
-5,051
| -3% | -$219K |
|
2188
Liberty Global Class C
LBTYK
$3.51B
| $8.18M | ﹤0.01% |
793,856
-115,595
| -13% | -$1.2M |
|
2189
Autohome
ATHM
$2.64B
| $8.17M | ﹤0.01% |
316,976
-73,824
| -19% | -$1.91M |
|
2190
Sibanye-Stillwater
SBSW
$6.22B
| $8.17M | ﹤0.01% |
1,131,472
+124,667
| +12% | +$682K |
|
2191
nLIGHT
LASR
$3.85B
| $8.15M | ﹤0.01% |
414,299
-38,332
| -8% | -$476K |
|
2192
iShares ESG Optimized MSCI USA ETF
SUSA
$3.98B
| $8.15M | ﹤0.01% |
64,274
-49
| -0.1% | -$5.78K |
|
2193
First Mid Bancshares
FMBH
$1.38B
| $8.13M | ﹤0.01% |
216,780
+4,327
| +2% | +$151K |
|
2194
Herbalife
HLF
$1.27B
| $8.11M | ﹤0.01% |
941,012
-34,702
| -4% | -$258K |
|
2195
iShares MSCI EAFE Value ETF
EFV
$28.8B
| $8.08M | ﹤0.01% |
127,244
+282
| +0.2% | +$17.3K |
|
2196
Dyne Therapeutics
DYN
$4.62B
| $8.01M | ﹤0.01% |
841,037
+118,575
| +16% | +$1.31M |
|
2197
PDF Solutions
PDFS
$1.97B
| $7.96M | ﹤0.01% |
372,534
-21,410
| -5% | -$405K |
|
|
MLNK
2198
DELISTED
MeridianLink
MLNK
| $7.96M | ﹤0.01% |
490,743
-25,776
| -5% | -$431K |
|
2199
Marcus & Millichap
MMI
$1.16B
| $7.95M | ﹤0.01% |
258,745
+16,010
| +7% | +$486K |
|
2200
Liberty Broadband Class A
LBRDA
$4.87B
| $7.93M | ﹤0.01% |
81,071
-5,063
| -6% | -$449K |
|
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.