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 |
Uber
UBER
|
+$265M |
| 2 |
Vanguard Short-Term Bond ETF
BSV
|
+$245M |
| 3 |
State Street SPDR S&P Global Natural Resources ETF
GNR
|
+$209M |
| 4 |
iShares Core S&P 500 ETF
IVV
|
+$202M |
| 5 |
Veralto
VLTO
|
+$188M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$1.25B |
| 2 |
Apple
AAPL
|
+$1.25B |
| 3 |
ATVI
Activision Blizzard
ATVI
|
+$717M |
| 4 |
Eli Lilly
LLY
|
+$599M |
| 5 |
NVIDIA
NVDA
|
+$553M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 25.83% |
| 2 | Healthcare | 11.57% |
| 3 | Financials | 11.46% |
| 4 | Consumer Discretionary | 9.84% |
| 5 | Miscellaneous | 9.27% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
Apple
AAPL
$4.91T
| $31.2B | 5.65% |
162,115,200
-6,759,776
| -4% | -$1.25B |
2013 Q2
42 quarters
|
|
|
2
Microsoft
MSFT
$3.97T
| $29.2B | 5.29% |
77,755,417
-3,510,986
| -4% | -$1.25B |
2013 Q2
42 quarters
|
|
3
Amazon
AMZN
$2.83T
| $13.6B | 2.47% |
89,712,118
-2,617,218
| -3% | -$367M |
2013 Q2
42 quarters
|
|
|
4
NVIDIA
NVDA
$5.54T
| $12.4B | 2.25% |
251,176,320
-11,938,020
| -5% | -$553M |
2013 Q2
42 quarters
|
|
5
Alphabet (Google) Class A
GOOGL
$4.3T
| $8.98B | 1.62% |
64,264,726
-3,419,471
| -5% | -$459M |
2015 Q4
32 quarters
|
|
6
Meta Platforms (Facebook)
META
$1.83T
| $7.87B | 1.42% |
22,222,252
-781,675
| -3% | -$255M |
2013 Q2
42 quarters
|
|
|
7
Alphabet (Google) Class C
GOOG
$4.25T
| $7.62B | 1.38% |
54,092,398
-3,176,786
| -6% | -$431M |
2013 Q2
42 quarters
|
|
8
State Street SPDR S&P 500 ETF Trust
SPY
$833B
| $6.46B | 1.17% |
13,581,076
+235,060
| +2% | +$105M |
2013 Q2
42 quarters
|
|
9
Tesla
TSLA
$1.51T
| $6.42B | 1.16% |
25,822,667
-1,720,157
| -6% | -$409M |
2013 Q2
42 quarters
|
|
10
Berkshire Hathaway Class B
BRK.B
$1.1T
| $5.82B | 1.05% |
16,312,734
-457,248
| -3% | -$160M |
2013 Q2
42 quarters
|
|
11
JPMorgan Chase
JPM
$885B
| $5.44B | 0.98% |
31,959,947
-1,129,363
| -3% | -$171M |
2013 Q2
42 quarters
|
|
12
Broadcom
AVGO
$1.73T
| $5.39B | 0.98% |
48,254,650
+1,700,630
| +4% | +$161M |
2013 Q2
42 quarters
|
|
|
13
Eli Lilly
LLY
$1.05T
| $5.32B | 0.96% |
9,132,343
-1,025,932
| -10% | -$599M |
2013 Q2
42 quarters
|
|
14
UnitedHealth
UNH
$340B
| $5.04B | 0.91% |
9,571,127
-216,641
| -2% | -$116M |
2013 Q2
42 quarters
|
|
15
Northern Trust Morningstar Global Upstream Natural Resources ETF
GUNR
$7.03B
| $4.78B | 0.86% |
116,650,261
-9,826,100
| -8% | -$391M |
2013 Q2
42 quarters
|
|
16
Johnson & Johnson
JNJ
$630B
| $4.66B | 0.84% |
29,730,502
-602,607
| -2% | -$92.4M |
2013 Q2
42 quarters
|
|
17
ExxonMobil
XOM
$695B
| $4.27B | 0.77% |
42,735,338
-961,420
| -2% | -$101M |
2013 Q2
42 quarters
|
|
18
Visa
V
$724B
| $4.25B | 0.77% |
16,335,741
-737,959
| -4% | -$182M |
2013 Q2
42 quarters
|
|
19
Procter & Gamble
PG
$351B
| $4.15B | 0.75% |
28,309,667
-1,003,483
| -3% | -$149M |
2013 Q2
42 quarters
|
|
20
Home Depot
HD
$290B
| $4.07B | 0.74% |
11,757,190
-590,206
| -5% | -$183M |
2013 Q2
42 quarters
|
|
21
Mastercard
MA
$516B
| $3.67B | 0.66% |
8,598,115
-477,243
| -5% | -$192M |
2013 Q2
42 quarters
|
|
22
Costco
COST
$420B
| $3.31B | 0.6% |
5,018,900
-116,047
| -2% | -$68.8M |
2013 Q2
42 quarters
|
|
23
Chevron
CVX
$416B
| $3.26B | 0.59% |
21,859,108
-846,010
| -4% | -$128M |
2013 Q2
42 quarters
|
|
24
AbbVie
ABBV
$489B
| $3.24B | 0.59% |
20,936,113
-1,000,166
| -5% | -$146M |
2013 Q2
42 quarters
|
|
25
Illinois Tool Works
ITW
$75.2B
| $3.24B | 0.59% |
12,365,885
-463,304
| -4% | -$111M |
2013 Q2
42 quarters
|
|
Similar funds
Northern Trust's Q4 2023 Portfolio in Review
As of Q4 2023, Northern Trust held 4,645 positions worth $552B, up 7% from $516B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Northern Trust withdrew a net $19.7B in Q4 2023, closing 173 positions and reducing 1,978 holdings. Its most notable exit was Activision Blizzard, an estimated $717M position sold in full.
By sector, the portfolio is most concentrated in Technology at 26% of assets, up from 25% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Northern Trust opened a new position in Dimensional International Core Equity Market ETF worth $23.2M.
- Northern Trust's largest Q4 2023 buy was Dimensional International Core Equity Market ETF: 810,491 shares worth $23.2M.
- Northern Trust added most to Uber in Q4 2023, an estimated $265M increase.
- Northern Trust's biggest Q4 2023 reduction was Microsoft, cutting an estimated $1.25B.
- Northern Trust fully exited Activision Blizzard in Q4 2023, selling an estimated $717M.
- Northern Trust's ten largest holdings make up 23% of its $552B portfolio in Q4 2023.
- Northern Trust opened 181 new positions and closed 173 in Q4 2023.
- Northern Trust's portfolio value rose 7% quarter-over-quarter to $552B.
Based on Northern Trust's 13F filing for Q4 2023, filed 13 Feb 2024.