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 |
iShares Core US Aggregate Bond ETF
AGG
|
+$416M |
| 2 |
iShares Core S&P 500 ETF
IVV
|
+$356M |
| 3 |
iShares MSCI ACWI ETF
ACWI
|
+$200M |
| 4 |
Q
Qnity Electronics Inc
Q
|
+$196M |
| 5 |
Vanguard FTSE Developed Markets ETF
VEA
|
+$183M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.07B |
| 2 |
NVIDIA
NVDA
|
+$1.05B |
| 3 |
Microsoft
MSFT
|
+$694M |
| 4 |
Amazon
AMZN
|
+$528M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$390M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 30.02% |
| 2 | Financials | 12.19% |
| 3 | Consumer Discretionary | 9.19% |
| 4 | Healthcare | 9.17% |
| 5 | Communication Services | 9.15% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2326
Koppers
KOP
$943M
| $6.47M | ﹤0.01% |
239,006
-12,947
| -5% | -$362K |
|
2327
Quanex
NX
$819M
| $6.47M | ﹤0.01% |
420,732
-32,480
| -7% | -$459K |
|
2328
Build-A-Bear
BBW
$425M
| $6.43M | ﹤0.01% |
105,019
-6,121
| -6% | -$333K |
|
|
UPB
2329
Upstream Bio Inc
UPB
$343M
| $6.43M | ﹤0.01% |
236,799
-17,920
| -7% | -$446K |
|
2330
NB Bancorp
NBBK
$1.01B
| $6.43M | ﹤0.01% |
324,313
+14,614
| +5% | +$278K |
|
2331
Metallus
MTUS
$838M
| $6.41M | ﹤0.01% |
373,620
-21,880
| -6% | -$375K |
|
2332
Nabors Industries
NBR
$1.27B
| $6.41M | ﹤0.01% |
117,976
-17,755
| -13% | -$865K |
|
2333
FlexShares Emerging Markets Quality Low Volatility Index Fund
QLVE
$16.5M
| $6.37M | ﹤0.01% |
216,799
| – | – |
|
2334
American Public Education
APEI
$890M
| $6.37M | ﹤0.01% |
168,391
-10,371
| -6% | -$371K |
|
2335
Marcus & Millichap
MMI
$1.16B
| $6.35M | ﹤0.01% |
232,740
-19,482
| -8% | -$564K |
|
2336
Levi Strauss
LEVI
$9.44B
| $6.34M | ﹤0.01% |
305,822
-72,151
| -19% | -$1.56M |
|
2337
Tower Semiconductor
TSEM
$24.8B
| $6.33M | ﹤0.01% |
53,943
-75,813
| -58% | -$7.3M |
|
2338
Independent Bank Corp
IBCP
$787M
| $6.31M | ﹤0.01% |
193,951
-16,973
| -8% | -$545K |
|
2339
Vanguard Health Care ETF
VHT
$18.1B
| $6.31M | ﹤0.01% |
21,908
-65
| -0.3% | -$18.2K |
|
2340
CNA Financial
CNA
$14.2B
| $6.29M | ﹤0.01% |
131,728
-72,335
| -35% | -$3.33M |
|
2341
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$15.9B
| $6.26M | ﹤0.01% |
77,647
-23,967
| -24% | -$1.93M |
|
|
HTBK
2342
DELISTED
Heritage Commerce
HTBK
| $6.25M | ﹤0.01% |
520,350
-60,014
| -10% | -$651K |
|
2343
Fulcrum Therapeutics
FULC
$273M
| $6.25M | ﹤0.01% |
552,220
-16,102
| -3% | -$164K |
|
2344
Geron
GERN
$828M
| $6.24M | ﹤0.01% |
4,726,605
-135,953
| -3% | -$171K |
|
2345
Under Armour
UAA
$2.84B
| $6.21M | ﹤0.01% |
1,249,797
-452,765
| -27% | -$2.1M |
|
|
BRSP
2346
BrightSpire Capital
BRSP
$634M
| $6.19M | ﹤0.01% |
1,105,590
-153,643
| -12% | -$845K |
|
2347
Scholastic
SCHL
$767M
| $6.19M | ﹤0.01% |
208,839
-14,293
| -6% | -$410K |
|
|
KE
2348
Kimball Electronics
KE
$595M
| $6.18M | ﹤0.01% |
222,068
-17,519
| -7% | -$506K |
|
2349
Insteel Industries
IIIN
$593M
| $6.18M | ﹤0.01% |
195,005
-8,560
| -4% | -$279K |
|
2350
Theravance Biopharma
TBPH
$874M
| $6.17M | ﹤0.01% |
329,927
-11,379
| -3% | -$189K |
|
Similar funds
Northern Trust's Q4 2025 Portfolio in Review
As of Q4 2025, Northern Trust held 4,578 positions worth $784B, up 0.34% from $782B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Northern Trust's Q4 2025 filing shows 156 new, 1,197 increased, 2,921 reduced and 129 closed positions. Its largest new stake was Qnity Electronics Inc: 2,302,319 shares worth $188M. The largest sale was Apple, an estimated $1.07B.
By sector, the portfolio is most concentrated in Technology at 30% of assets, down from 30% a quarter earlier, followed by Financials and Consumer Discretionary.
- Northern Trust's largest Q4 2025 buy was Qnity Electronics Inc: 2,302,319 shares worth $188M.
- Northern Trust added most to iShares Core US Aggregate Bond ETF in Q4 2025, an estimated $416M increase.
- Northern Trust's biggest Q4 2025 reduction was Apple, cutting an estimated $1.07B.
- Northern Trust fully exited Kellanova in Q4 2025, selling an estimated $285M.
- Northern Trust's ten largest holdings make up 31% of its $784B portfolio in Q4 2025.
- Northern Trust opened 156 new positions and closed 129 in Q4 2025.
- Northern Trust's portfolio value rose 0.34% quarter-over-quarter to $784B.
Based on Northern Trust's 13F filing for Q4 2025, filed 17 Feb 2026.