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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
+2.04%
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
$158B
AUM Growth
+$8.1B
(+5.4%)
Cap. Flow
+$5.39B
Cap. Flow
% of AUM
3.41%
Top 10 Holdings %
Top 10 Hldgs %
47.3%
Holding
4,314
New
520
Increased
1,834
Reduced
1,140
Closed
305
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Total Bond Market
BND
|
+$319M |
| 2 |
Schwab International Equity ETF
SCHF
|
+$291M |
| 3 |
iShares Core S&P 500 ETF
IVV
|
+$278M |
| 4 |
Vanguard FTSE Developed Markets ETF
VEA
|
+$230M |
| 5 |
BlackRock US Equity Factor Rotation ETF
DYNF
|
+$188M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Xtrackers MSCI EAFE Hedged Equity ETF
DBEF
|
+$94.4M |
| 2 |
Lyft
LYFT
|
+$74.6M |
| 3 |
Pacer US Cash Cows 100 ETF
COWZ
|
+$62.5M |
| 4 |
Uber
UBER
|
+$56.9M |
| 5 |
FISV
Fiserv Inc
FISV
|
+$53.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3.39% |
| 2 | Financials | 1.32% |
| 3 | Communication Services | 1.17% |
| 4 | Consumer Discretionary | 1.04% |
| 5 | Industrials | 0.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
501
Fidelity MSCI Energy Index ETF
FENY
$2.06B
| $13.4M | 0.01% |
539,430
-12,094
| -2% | -$299K |
|
502
Amplify CWP Enhanced Dividend Income ETF
DIVO
$7.85B
| $13.4M | 0.01% |
300,171
+74,104
| +33% | +$3.33M |
|
503
3M
MMM
$94.2B
| $13.2M | 0.01% |
82,662
+4,676
| +6% | +$765K |
|
504
Schwab US Broad Market ETF
SCHB
$45.2B
| $13.2M | 0.01% |
504,530
-4,458
| -0.9% | -$116K |
|
505
State Street Financial Select Sector SPDR ETF
XLF
$59.5B
| $13.2M | 0.01% |
240,914
+78,120
| +48% | +$4.16M |
|
506
iShares MSCI ACWI ETF
ACWI
$33.6B
| $13.2M | 0.01% |
93,187
-1,781
| -2% | -$250K |
|
507
Waste Management
WM
$89.6B
| $13.2M | 0.01% |
60,007
+469
| +0.8% | +$100K |
|
508
iShares US Treasury Bond ETF
GOVT
$43.8B
| $13.2M | 0.01% |
571,455
+10,602
| +2% | +$245K |
|
509
Bristol-Myers Squibb
BMY
$132B
| $13.1M | 0.01% |
243,597
+23,136
| +10% | +$1.11M |
|
|
FLXR
510
TCW Flexible Income ETF
FLXR
$3.53B
| $13.1M | 0.01% |
330,908
+111,413
| +51% | +$4.42M |
|
511
Automatic Data Processing
ADP
$110B
| $13.1M | 0.01% |
50,812
-1,792
| -3% | -$477K |
|
512
Pacer Trendpilot US Large Cap ETF
PTLC
$3.39B
| $13.1M | 0.01% |
235,001
+1,819
| +0.8% | +$101K |
|
513
iShares Bitcoin Trust
IBIT
$47.2B
| $12.9M | 0.01% |
260,649
+240,754
| +1,210% | +$13.7M |
|
514
Vanguard S&P 500 Value ETF
VOOV
$6.8B
| $12.9M | 0.01% |
63,145
+5,614
| +10% | +$1.14M |
|
515
Hartford Schroders Tax-Aware Bond ETF
HTAB
$291M
| $12.9M | 0.01% |
672,861
+378
| +0.1% | +$7.29K |
|
516
Cummins
CMI
$87B
| $12.7M | 0.01% |
24,950
+1,351
| +6% | +$631K |
|
517
iShares MSCI Emerging Markets Small-Cap ETF
EEMS
$378M
| $12.7M | 0.01% |
188,738
+5,660
| +3% | +$384K |
|
|
JFLX
518
JPMorgan Flexible Debt ETF
JFLX
$1.5B
| $12.6M | 0.01% |
250,747
+155
| +0.1% | +$7.8K |
|
519
Vanguard ESG US Stock ETF
ESGV
$13.7B
| $12.5M | 0.01% |
103,303
+2,876
| +3% | +$345K |
|
520
Dimensional US Targeted Value ETF
DFAT
$14.8B
| $12.4M | 0.01% |
208,314
+52,874
| +34% | +$3.09M |
|
521
State Street SPDR Portfolio Intermediate Term Corporate Bond ETF
SPIB
$11.6B
| $12.4M | 0.01% |
365,697
+21,638
| +6% | +$733K |
|
522
iShares MSCI Global Gold Miners ETF
RING
$2.4B
| $12.2M | 0.01% |
165,393
+48,742
| +42% | +$3.29M |
|
523
Vanguard Morningstar Mega Cap Value ETF
MGV
$13.7B
| $12.2M | 0.01% |
86,234
-4,943
| -5% | -$687K |
|
524
FedEx
FDX
$80.3B
| $12.1M | 0.01% |
42,037
-3,314
| -7% | -$870K |
|
525
Danaher
DHR
$143B
| $12.1M | 0.01% |
52,638
-8,798
| -14% | -$1.93M |
|
Similar funds
Northwestern Mutual Wealth Management's Q4 2025 Portfolio in Review
As of Q4 2025, Northwestern Mutual Wealth Management held 4,314 positions worth $158B, up 5.4% from $150B the previous quarter. Its ten largest holdings account for 47% of the portfolio.
Northwestern Mutual Wealth Management deployed $5.39B of net new capital in Q4 2025, opening 520 new positions and adding to 1,834 existing holdings. Its largest new stake was Bluerock Private Real Estate Fund: 4,287,735 shares worth $64.3M.
By sector, the portfolio is most concentrated in Technology at 3.4% of assets, down from 3.6% a quarter earlier, followed by Financials and Communication Services.
On the sell side, the largest reduction was Xtrackers MSCI EAFE Hedged Equity ETF, an estimated $94.4M trimmed.
- Northwestern Mutual Wealth Management's largest Q4 2025 buy was Bluerock Private Real Estate Fund: 4,287,735 shares worth $64.3M.
- Northwestern Mutual Wealth Management added most to Vanguard Total Bond Market in Q4 2025, an estimated $319M increase.
- Northwestern Mutual Wealth Management's biggest Q4 2025 reduction was Xtrackers MSCI EAFE Hedged Equity ETF, cutting an estimated $94.4M.
- Northwestern Mutual Wealth Management fully exited iShares iBonds Dec 2025 Term Corporate ETF in Q4 2025, selling an estimated $17.2M.
- Northwestern Mutual Wealth Management's ten largest holdings make up 47% of its $158B portfolio in Q4 2025.
- Northwestern Mutual Wealth Management opened 520 new positions and closed 305 in Q4 2025.
- Northwestern Mutual Wealth Management's portfolio value rose 5.4% quarter-over-quarter to $158B.
Based on Northwestern Mutual Wealth Management's 13F filing for Q4 2025, filed 5 Feb 2026.