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Northwestern Mutual Wealth Management Portfolio holdings
AUM
$187B
1-Year Est. Return
21.7%
This Fund
S&P 500
This Quarter
Est. Return
+6.14%
1 Year Est. Return
+21.7%
3 Year Est. Return
+54.04%
5 Year Est. Return
+49.64%
10 Year Est. Return
+166.47%
AUM
$150B
AUM Growth
+$12.8B
(+9.3%)
Cap. Flow
+$4.59B
Cap. Flow
% of AUM
3.06%
Top 10 Holdings %
Top 10 Hldgs %
48.08%
Holding
4,104
New
448
Increased
1,772
Reduced
1,075
Closed
310
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI Intl Quality Factor ETF
IQLT
|
+$828M |
| 2 |
iShares Core S&P 500 ETF
IVV
|
+$605M |
| 3 |
Vanguard Total Bond Market
BND
|
+$310M |
| 4 |
Vanguard FTSE Developed Markets ETF
VEA
|
+$179M |
| 5 |
iShares Core S&P Mid-Cap ETF
IJH
|
+$177M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Schwab International Equity ETF
SCHF
|
+$1.04B |
| 2 |
Vanguard Morningstar Mid-Cap ETF
VO
|
+$203M |
| 3 |
Pacer US Cash Cows 100 ETF
COWZ
|
+$145M |
| 4 |
NVIDIA
NVDA
|
+$61.2M |
| 5 |
Applovin
APP
|
+$58.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3.6% |
| 2 | Financials | 1.27% |
| 3 | Communication Services | 1.14% |
| 4 | Consumer Discretionary | 1.02% |
| 5 | Industrials | 0.74% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
326
Vanguard Consumer Staples ETF
VDC
$8.03B
| $30.9M | 0.02% |
144,559
-9,859
| -6% | -$2.16M |
|
327
Vanguard Total International Bond ETF
BNDX
$83B
| $30.6M | 0.02% |
618,991
-35,548
| -5% | -$1.75M |
|
328
Cisco
CSCO
$447B
| $30.3M | 0.02% |
442,612
+16,185
| +4% | +$1.1M |
|
329
iShares ESG Aware MSCI EM ETF
ESGE
$6.86B
| $30.1M | 0.02% |
694,345
+14,111
| +2% | +$576K |
|
330
Vanguard Long-Term Treasury ETF
VGLT
$10.4B
| $30.1M | 0.02% |
529,317
+25,282
| +5% | +$1.41M |
|
331
iShares Russell Top 200 Growth ETF
IWY
$16.7B
| $29.9M | 0.02% |
109,420
-6,876
| -6% | -$1.78M |
|
332
American Century US Quality Growth ETF
QGRO
$2.06B
| $29.7M | 0.02% |
260,031
+6,528
| +3% | +$723K |
|
333
WisdomTree US Value Fund
WTV
$3.4B
| $29.7M | 0.02% |
326,745
+19,048
| +6% | +$1.7M |
|
334
Spotify
SPOT
$102B
| $29.6M | 0.02% |
42,386
+3,751
| +10% | +$2.62M |
|
335
Goldman Sachs ActiveBeta International Equity ETF
GSIE
$6.16B
| $29.5M | 0.02% |
718,036
+4,962
| +0.7% | +$200K |
|
336
Vanguard Short-Term Treasury ETF
VGSH
$30.2B
| $29.5M | 0.02% |
501,567
-973,570
| -66% | -$57.1M |
|
337
Sprott Physical Gold
PHYS
$15.7B
| $29.2M | 0.02% |
986,941
+17,283
| +2% | +$459K |
|
|
HDV
338
iShares Core High Dividend ETF
HDV
$15.1B
| $29M | 0.02% |
1,184,495
+1,405
| +0.1% | +$34K |
|
339
State Street SPDR Dow Jones REIT ETF
RWR
$1.89B
| $29M | 0.02% |
289,024
-97,084
| -25% | -$9.53M |
|
340
Fidelity Enhanced Large Cap Core ETF
FELC
$8.41B
| $28.9M | 0.02% |
775,308
+140,806
| +22% | +$5.03M |
|
341
Shopify
SHOP
$204B
| $28.9M | 0.02% |
194,295
+9,974
| +5% | +$1.35M |
|
342
Trex
TREX
$5.1B
| $28.9M | 0.02% |
558,720
+556,147
| +21,615% | +$33.9M |
|
343
First Trust NASDAQ Cybersecurity ETF
CIBR
$16B
| $28.7M | 0.02% |
377,844
+50,519
| +15% | +$3.73M |
|
344
GE Vernova
GEV
$279B
| $28.6M | 0.02% |
46,532
+12,073
| +35% | +$7.31M |
|
345
iShares MSCI Emerging Markets ETF
EEM
$30.5B
| $28.6M | 0.02% |
535,496
+74,002
| +16% | +$3.72M |
|
346
Eaton
ETN
$176B
| $28.6M | 0.02% |
76,311
+196
| +0.3% | +$71.3K |
|
347
State Street Technology Select Sector SPDR ETF
XLK
$125B
| $28.3M | 0.02% |
201,134
+81,944
| +69% | +$10.9M |
|
348
Invesco S&P International Developed Quality ETF
IDHQ
$987M
| $28.3M | 0.02% |
840,605
+37,873
| +5% | +$1.25M |
|
349
SPDR Gold MiniShares Trust
GLDM
$29.8B
| $28.3M | 0.02% |
369,561
+16,773
| +5% | +$1.15M |
|
350
Vanguard Industrials ETF
VIS
$8.5B
| $28.2M | 0.02% |
95,125
+31,087
| +49% | +$9.01M |
|
Similar funds
Northwestern Mutual Wealth Management's Q3 2025 Portfolio in Review
As of Q3 2025, Northwestern Mutual Wealth Management held 4,104 positions worth $150B, up 9.3% from $137B the previous quarter. Its ten largest holdings account for 48% of the portfolio.
Northwestern Mutual Wealth Management deployed $4.59B of net new capital in Q3 2025, opening 448 new positions and adding to 1,772 existing holdings. Its largest new stake was iShares Dynamic Equity Active ETF: 3,646,528 shares worth $92.3M.
By sector, the portfolio is most concentrated in Technology at 3.6% of assets, up from 3.6% a quarter earlier, followed by Financials and Communication Services.
On the sell side, the largest reduction was Schwab International Equity ETF, an estimated $1.04B trimmed.
- Northwestern Mutual Wealth Management's largest Q3 2025 buy was iShares Dynamic Equity Active ETF: 3,646,528 shares worth $92.3M.
- Northwestern Mutual Wealth Management added most to iShares MSCI Intl Quality Factor ETF in Q3 2025, an estimated $828M increase.
- Northwestern Mutual Wealth Management's biggest Q3 2025 reduction was Schwab International Equity ETF, cutting an estimated $1.04B.
- Northwestern Mutual Wealth Management fully exited Hess in Q3 2025, selling an estimated $1.23M.
- Northwestern Mutual Wealth Management's ten largest holdings make up 48% of its $150B portfolio in Q3 2025.
- Northwestern Mutual Wealth Management opened 448 new positions and closed 310 in Q3 2025.
- Northwestern Mutual Wealth Management's portfolio value rose 9.3% quarter-over-quarter to $150B.
Based on Northwestern Mutual Wealth Management's 13F filing for Q3 2025, filed 14 Nov 2025.