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 | |
|---|---|---|---|---|---|---|
2201
Edgewise Therapeutics
EWTX
$4.17B
| $7.9M | ﹤0.01% |
602,898
-3,794
| -0.6% | -$54.7K |
|
2202
Janux Therapeutics
JANX
$919M
| $7.9M | ﹤0.01% |
341,842
+42,623
| +14% | +$1.12M |
|
2203
Liberty Live Group Series A
LLYVA
$8.82B
| $7.89M | ﹤0.01% |
99,303
-555
| -0.6% | -$40.3K |
|
2204
iShares MSCI ACWI ETF
ACWI
$32.7B
| $7.87M | ﹤0.01% |
61,171
+3,113
| +5% | +$373K |
|
2205
Aurinia Pharmaceuticals
AUPH
$1.89B
| $7.8M | ﹤0.01% |
921,271
-106,212
| -10% | -$851K |
|
2206
F&G Annuities & Life
FG
$3.84B
| $7.78M | ﹤0.01% |
243,156
+32,211
| +15% | +$1.07M |
|
2207
Gorman-Rupp
GRC
$2.15B
| $7.77M | ﹤0.01% |
211,719
-5,015
| -2% | -$180K |
|
2208
Akebia Therapeutics
AKBA
$354M
| $7.77M | ﹤0.01% |
2,135,244
+424,053
| +25% | +$1.17M |
|
2209
Ecovyst
ECVT
$1.32B
| $7.75M | ﹤0.01% |
942,031
-250,478
| -21% | -$1.76M |
|
2210
Insteel Industries
IIIN
$598M
| $7.73M | ﹤0.01% |
207,859
-4,880
| -2% | -$163K |
|
2211
Porch Group
PRCH
$1.57B
| $7.72M | ﹤0.01% |
654,585
-66,607
| -9% | -$572K |
|
2212
Vanguard Total International Stock ETF
VXUS
$155B
| $7.71M | ﹤0.01% |
111,595
+66,232
| +146% | +$4.3M |
|
2213
Dream Finders Homes
DFH
$1.2B
| $7.68M | ﹤0.01% |
305,791
+37,606
| +14% | +$845K |
|
2214
Allegiant Air
ALGT
$2.67B
| $7.64M | ﹤0.01% |
139,078
-14,307
| -9% | -$738K |
|
2215
Rentokil
RTO
$11.9B
| $7.61M | ﹤0.01% |
317,280
+53,720
| +20% | +$1.25M |
|
|
AGNT
2216
AGNT Inc
AGNT
$647M
| $7.61M | ﹤0.01% |
836,589
-348,074
| -29% | -$3.04M |
|
2217
Bloomin' Brands
BLMN
$739M
| $7.6M | ﹤0.01% |
882,289
+79,608
| +10% | +$639K |
|
|
ONT
2218
Onterris Inc
ONT
$747M
| $7.58M | ﹤0.01% |
346,262
-255,434
| -42% | -$4.58M |
|
2219
Vanguard FTSE Europe ETF
VGK
$30.7B
| $7.58M | ﹤0.01% |
97,763
+6,863
| +8% | +$506K |
|
2220
iShares MSCI Kuwait ETF
KWT
$71M
| $7.55M | ﹤0.01% |
199,109
-95,600
| -32% | -$3.47M |
|
2221
Select Water Solutions
WTTR
$2.32B
| $7.54M | ﹤0.01% |
873,136
+67,970
| +8% | +$586K |
|
2222
Under Armour Class C
UA
$2.8B
| $7.52M | ﹤0.01% |
1,158,729
-12,038
| -1% | -$71K |
|
2223
V2X
VVX
$2.75B
| $7.51M | ﹤0.01% |
154,740
-669
| -0.4% | -$31.8K |
|
2224
Descartes Systems
DSGX
$6.45B
| $7.51M | ﹤0.01% |
73,881
-38,381
| -34% | -$4.05M |
|
2225
iShares S&P Small-Cap 600 Growth ETF
IJT
$8.25B
| $7.49M | ﹤0.01% |
56,276
+20,933
| +59% | +$2.62M |
|
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.