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 | |
|---|---|---|---|---|---|---|
2401
Arcus Biosciences
RCUS
$3.55B
| $5.63M | ﹤0.01% |
691,247
+121,205
| +21% | +$1.04M |
|
2402
Xencor
XNCR
$1.5B
| $5.63M | ﹤0.01% |
715,867
+9,235
| +1% | +$82.9K |
|
2403
Malibu Boats
MBUU
$541M
| $5.62M | ﹤0.01% |
179,432
-7,922
| -4% | -$238K |
|
|
KREF
2404
KKR Real Estate Finance Trust
KREF
$448M
| $5.62M | ﹤0.01% |
641,125
-29,899
| -4% | -$275K |
|
2405
Green Plains
GPRE
$1.18B
| $5.6M | ﹤0.01% |
928,310
-79,430
| -8% | -$350K |
|
2406
Excelerate Energy
EE
$1.25B
| $5.59M | ﹤0.01% |
190,720
+44,742
| +31% | +$1.26M |
|
2407
American Public Education
APEI
$890M
| $5.54M | ﹤0.01% |
181,945
+40,792
| +29% | +$1.08M |
|
|
GOGL
2408
DELISTED
Golden Ocean Group
GOGL
| $5.54M | ﹤0.01% |
756,423
-205,847
| -21% | -$1.56M |
|
2409
Myers Industries
MYE
$1.29B
| $5.52M | ﹤0.01% |
381,213
+45,740
| +14% | +$557K |
|
2410
Accel Entertainment
ACEL
$978M
| $5.5M | ﹤0.01% |
467,277
-11,805
| -2% | -$132K |
|
2411
Eagle Bancorp
EGBN
$846M
| $5.49M | ﹤0.01% |
281,911
-28,097
| -9% | -$521K |
|
2412
Neonode
NEON
$14.1M
| $5.49M | ﹤0.01% |
215,339
+62,220
| +41% | +$742K |
|
2413
Heritage Insurance Holdings
HRTG
$889M
| $5.48M | ﹤0.01% |
219,912
+39,353
| +22% | +$840K |
|
|
RPC
2414
Ridgepost Capital
RPC
$949M
| $5.47M | ﹤0.01% |
535,073
+115,313
| +27% | +$1.24M |
|
2415
Microvast
MVST
$269M
| $5.47M | ﹤0.01% |
1,505,524
+1,104,260
| +275% | +$3.23M |
|
2416
Birkenstock
BIRK
$7.12B
| $5.46M | ﹤0.01% |
111,045
+35,752
| +47% | +$1.84M |
|
2417
Vitesse Energy
VTS
$651M
| $5.45M | ﹤0.01% |
246,827
+15,868
| +7% | +$348K |
|
2418
Replimune Group
REPL
$941M
| $5.45M | ﹤0.01% |
586,767
-46,229
| -7% | -$403K |
|
|
KRMN
2419
Karman Holdings
KRMN
$6.38B
| $5.45M | ﹤0.01% |
108,140
+59,388
| +122% | +$2.39M |
|
2420
Corsair Gaming
CRSR
$1.13B
| $5.44M | ﹤0.01% |
577,180
+100,413
| +21% | +$810K |
|
|
ODP
2421
DELISTED
ODP
ODP
| $5.44M | ﹤0.01% |
300,033
-212,947
| -42% | -$3.34M |
|
2422
John B. Sanfilippo & Son
JBSS
$967M
| $5.43M | ﹤0.01% |
85,836
-10,225
| -11% | -$657K |
|
2423
Tronox
TROX
$932M
| $5.36M | ﹤0.01% |
1,057,583
-39,489
| -4% | -$215K |
|
2424
Monro
MNRO
$383M
| $5.36M | ﹤0.01% |
359,601
+30,401
| +9% | +$438K |
|
|
ETWO
2425
DELISTED
E2open Parent Holdings
ETWO
| $5.35M | ﹤0.01% |
1,654,980
-150,969
| -8% | -$397K |
|
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.