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 | |
|---|---|---|---|---|---|---|
2326
Energy Recovery
ERII
$446M
| $6.35M | ﹤0.01% |
496,660
-44,901
| -8% | -$608K |
|
2327
iShares Select U.S. REIT ETF
ICF
$2.09B
| $6.34M | ﹤0.01% |
103,736
-1,299
| -1% | -$78.7K |
|
2328
Compass Minerals
CMP
$1.23B
| $6.34M | ﹤0.01% |
315,510
-111
| -0% | -$1.79K |
|
|
GDEN
2329
DELISTED
Golden Entertainment
GDEN
| $6.3M | ﹤0.01% |
214,229
+26,156
| +14% | +$713K |
|
|
GOOD
2330
Gladstone Commercial Corp
GOOD
$605M
| $6.3M | ﹤0.01% |
439,704
-11,098
| -2% | -$158K |
|
2331
RUM Group Inc
RUM
$1.61B
| $6.29M | ﹤0.01% |
700,988
+434,216
| +163% | +$3.71M |
|
2332
Douglas Dynamics
PLOW
$1.02B
| $6.28M | ﹤0.01% |
213,134
-5,787
| -3% | -$152K |
|
|
BRSP
2333
BrightSpire Capital
BRSP
$634M
| $6.26M | ﹤0.01% |
1,240,199
+10,878
| +0.9% | +$55K |
|
2334
Byline Bancorp
BY
$1.78B
| $6.26M | ﹤0.01% |
234,160
-26,337
| -10% | -$676K |
|
2335
iShares US Technology ETF
IYW
$23.6B
| $6.26M | ﹤0.01% |
36,107
-6,196
| -15% | -$939K |
|
2336
Embecta
EMBC
$216M
| $6.25M | ﹤0.01% |
645,128
-38,111
| -6% | -$429K |
|
|
VMEO
2337
DELISTED
Vimeo
VMEO
| $6.25M | ﹤0.01% |
1,546,782
+154,147
| +11% | +$713K |
|
|
SPNS
2338
DELISTED
Sapiens International
SPNS
| $6.24M | ﹤0.01% |
213,201
-4,965
| -2% | -$138K |
|
2339
Agilon Health
AGL
$1.53B
| $6.23M | ﹤0.01% |
108,349
-5,440
| -5% | -$436K |
|
2340
EverQuote
EVER
$892M
| $6.22M | ﹤0.01% |
257,273
-7,026
| -3% | -$166K |
|
2341
United Fire Group
UFCS
$1.32B
| $6.22M | ﹤0.01% |
216,560
-1,245
| -0.6% | -$34.8K |
|
2342
Oxford Industries
OXM
$566M
| $6.2M | ﹤0.01% |
154,042
-19,369
| -11% | -$974K |
|
2343
N-able
NABL
$882M
| $6.18M | ﹤0.01% |
762,684
+74,668
| +11% | +$558K |
|
2344
NovaGold Resources
NG
$2.56B
| $6.18M | ﹤0.01% |
1,510,218
+9,968
| +0.7% | +$37.3K |
|
2345
Energy Transfer Partners
ET
$70.1B
| $6.17M | ﹤0.01% |
340,460
-729,074
| -68% | -$12.7M |
|
2346
Beazer Homes USA
BZH
$877M
| $6.15M | ﹤0.01% |
275,034
-11,483
| -4% | -$238K |
|
2347
Invesco S&P 500 Equal Weight ETF
RSP
$97B
| $6.14M | ﹤0.01% |
33,779
+834
| +3% | +$144K |
|
2348
Grindr
GRND
$3.08B
| $6.14M | ﹤0.01% |
270,324
+44,421
| +20% | +$975K |
|
2349
Liquidity Services
LQDT
$1.22B
| $6.13M | ﹤0.01% |
259,960
+1,859
| +0.7% | +$50.1K |
|
2350
Metallus
MTUS
$838M
| $6.13M | ﹤0.01% |
397,690
-84,323
| -17% | -$1.12M |
|
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.