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 | |
|---|---|---|---|---|---|---|
2376
Tonix Pharmaceuticals
TNXP
$160M
| $5.9M | ﹤0.01% |
164,022
+150,954
| +1,155% | +$3.96M |
|
2377
FlexShares Emerging Markets Quality Low Volatility Index Fund
QLVE
$16.5M
| $5.88M | ﹤0.01% |
213,354
-61,129
| -22% | -$1.6M |
|
|
NAGE
2378
Niagen Bioscience
NAGE
$271M
| $5.87M | ﹤0.01% |
407,491
+9,422
| +2% | +$93K |
|
2379
Dole
DOLE
$1.35B
| $5.87M | ﹤0.01% |
419,620
-72,070
| -15% | -$1.02M |
|
2380
Republic Bancorp
RBCAA
$1.95B
| $5.87M | ﹤0.01% |
80,285
-1,907
| -2% | -$130K |
|
2381
American Express Global Business Travel
GBTG
$4.93B
| $5.86M | ﹤0.01% |
929,608
-205,916
| -18% | -$1.32M |
|
2382
ZTO Express
ZTO
$18.3B
| $5.84M | ﹤0.01% |
329,283
-99,602
| -23% | -$1.8M |
|
|
HTBK
2383
DELISTED
Heritage Commerce
HTBK
| $5.82M | ﹤0.01% |
585,638
+1,837
| +0.3% | +$16.8K |
|
2384
Daktronics
DAKT
$955M
| $5.81M | ﹤0.01% |
384,580
-14,516
| -4% | -$200K |
|
2385
Build-A-Bear
BBW
$425M
| $5.8M | ﹤0.01% |
112,421
-4,284
| -4% | -$181K |
|
|
CTLP
2386
DELISTED
Cantaloupe
CTLP
| $5.76M | ﹤0.01% |
523,854
-69,044
| -12% | -$598K |
|
2387
i3 Verticals
IIIV
$412M
| $5.76M | ﹤0.01% |
209,470
-5,012
| -2% | -$126K |
|
2388
Phibro Animal Health
PAHC
$1.47B
| $5.73M | ﹤0.01% |
224,522
-10,494
| -4% | -$229K |
|
2389
First Community Bankshares
FCBC
$900M
| $5.73M | ﹤0.01% |
146,316
-12,420
| -8% | -$474K |
|
2390
BlueLinx
BXC
$422M
| $5.72M | ﹤0.01% |
76,852
-12,136
| -14% | -$848K |
|
2391
Castle Biosciences
CSTL
$849M
| $5.71M | ﹤0.01% |
279,825
+6,356
| +2% | +$118K |
|
2392
Amerant Bancorp
AMTB
$1.16B
| $5.71M | ﹤0.01% |
313,244
-21,537
| -6% | -$382K |
|
2393
Forward Air
FWRD
$444M
| $5.7M | ﹤0.01% |
232,362
-42,423
| -15% | -$753K |
|
2394
CEVA Inc
CEVA
$910M
| $5.69M | ﹤0.01% |
259,049
-2,391
| -0.9% | -$53.1K |
|
2395
Sinclair Inc
SBGI
$992M
| $5.69M | ﹤0.01% |
411,981
+60,927
| +17% | +$866K |
|
2396
Farmers National Banc Corp
FMNB
$939M
| $5.67M | ﹤0.01% |
410,839
+78,989
| +24% | +$1.03M |
|
2397
NB Bancorp
NBBK
$1.01B
| $5.66M | ﹤0.01% |
316,761
-31,055
| -9% | -$524K |
|
2398
Lincoln Educational Services
LINC
$1.33B
| $5.65M | ﹤0.01% |
245,054
+20,251
| +9% | +$406K |
|
|
SAIL
2399
SailPoint Inc
SAIL
$9.51B
| $5.64M | ﹤0.01% |
246,573
+127,159
| +106% | +$2.4M |
|
|
OS
2400
DELISTED
OneStream Inc
OS
| $5.63M | ﹤0.01% |
199,054
+68,784
| +53% | +$1.71M |
|
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.