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 |
GE HealthCare
GEHC
|
+$258M |
| 2 |
FlexShares Global Upstream Natural Resources Index Fund
GUNR
|
+$198M |
| 3 |
Costco
COST
|
+$104M |
| 4 |
Vanguard FTSE Developed Markets ETF
VEA
|
+$104M |
| 5 |
iShares Core S&P 500 ETF
IVV
|
+$99.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
GE Aerospace
GE
|
+$265M |
| 2 |
PACCAR
PCAR
|
+$231M |
| 3 |
Apple
AAPL
|
+$169M |
| 4 |
SIVB
SVB Financial Group
SIVB
|
+$160M |
| 5 |
Amazon
AMZN
|
+$146M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 23.6% |
| 2 | Healthcare | 12.95% |
| 3 | Financials | 11.15% |
| 4 | Consumer Discretionary | 9.47% |
| 5 | Industrials | 8.45% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
Phillips 66
PSX
$82.9B
| $493M | 0.1% |
4,862,690
-60,582
| -1% | -$6.16M |
|
202
Moderna
MRNA
$21.6B
| $492M | 0.1% |
3,203,444
-67,114
| -2% | -$11.1M |
|
203
Vanguard Tax-Exempt Bond Index Fund
VTEB
$45.2B
| $490M | 0.1% |
9,663,958
+1,639,714
| +20% | +$82.3M |
|
204
Ford
F
$60.9B
| $483M | 0.1% |
38,326,323
-462,026
| -1% | -$5.79M |
|
205
American Electric Power
AEP
$70.4B
| $482M | 0.1% |
5,300,536
-104,684
| -2% | -$9.58M |
|
206
Chipotle Mexican Grill
CMG
$43.9B
| $480M | 0.1% |
14,040,100
-122,850
| -0.9% | -$3.86M |
|
207
Exelon
EXC
$48.1B
| $480M | 0.1% |
11,451,109
+244,519
| +2% | +$10.2M |
|
208
iShares MSCI Emerging Markets ETF
EEM
$27.5B
| $479M | 0.1% |
12,148,437
+172,379
| +1% | +$6.85M |
|
209
ASML
ASML
$596B
| $478M | 0.09% |
702,525
-25,817
| -4% | -$16.6M |
|
210
Sysco
SYY
$40.8B
| $477M | 0.09% |
6,181,058
+8,824
| +0.1% | +$677K |
|
211
Trane Technologies
TT
$98.8B
| $476M | 0.09% |
2,586,213
+132,181
| +5% | +$24M |
|
212
Aflac
AFL
$65.5B
| $471M | 0.09% |
7,304,337
-102,741
| -1% | -$7.03M |
|
213
Welltower
WELL
$174B
| $470M | 0.09% |
6,551,571
-26,696
| -0.4% | -$1.94M |
|
214
Biogen
BIIB
$30.9B
| $465M | 0.09% |
1,671,289
-380
| -0% | -$105K |
|
215
Ecolab
ECL
$79.8B
| $461M | 0.09% |
2,787,780
+10,559
| +0.4% | +$1.65M |
|
216
DexCom
DXCM
$29B
| $456M | 0.09% |
3,928,275
-36,063
| -0.9% | -$4.04M |
|
217
Cummins
CMI
$83.6B
| $455M | 0.09% |
1,905,081
-106,783
| -5% | -$26.1M |
|
218
Dow Inc
DOW
$22B
| $451M | 0.09% |
8,232,836
-85,127
| -1% | -$4.79M |
|
219
Blackstone
BX
$104B
| $450M | 0.09% |
5,120,180
+168,328
| +3% | +$14.9M |
|
220
Carrier Global
CARR
$49.4B
| $447M | 0.09% |
9,779,351
+134,375
| +1% | +$6.01M |
|
221
Hershey
HSY
$37.3B
| $447M | 0.09% |
1,758,284
+2,352
| +0.1% | +$553K |
|
222
Parker-Hannifin
PH
$120B
| $446M | 0.09% |
1,328,033
-38,659
| -3% | -$12.8M |
|
223
Fortinet
FTNT
$112B
| $446M | 0.09% |
6,710,920
+103,150
| +2% | +$5.86M |
|
224
MetLife
MET
$62.4B
| $443M | 0.09% |
7,637,339
-152,243
| -2% | -$10.3M |
|
225
Marriott International
MAR
$100B
| $442M | 0.09% |
2,663,740
-34,794
| -1% | -$5.8M |
|
Similar funds
Northern Trust's Q1 2023 Portfolio in Review
As of Q1 2023, Northern Trust held 4,718 positions worth $504B, up 5.8% from $477B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Trading was light in Q1 2023: portfolio turnover was 4.5%. Northern Trust opened 74 new positions and exited 138, leaving the 4,718-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 24% of assets, up from 21% a quarter earlier, followed by Healthcare and Financials.
- Northern Trust's largest Q1 2023 buy was GE HealthCare: 3,613,427 shares worth $296M.
- Northern Trust added most to FlexShares Global Upstream Natural Resources Index Fund in Q1 2023, an estimated $198M increase.
- Northern Trust's biggest Q1 2023 reduction was GE Aerospace, cutting an estimated $265M.
- Northern Trust fully exited SVB Financial Group in Q1 2023, selling an estimated $160M.
- Northern Trust's ten largest holdings make up 21% of its $504B portfolio in Q1 2023.
- Northern Trust opened 74 new positions and closed 138 in Q1 2023.
- Northern Trust's portfolio value rose 5.8% quarter-over-quarter to $504B.
Based on Northern Trust's 13F filing for Q1 2023, filed 15 May 2023.