We are live on
!
Find out more
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 | |
|---|---|---|---|---|---|---|
576
VanEck Uranium + Nuclear Energy ETF
NLR
$4.2B
| $10.1M | 0.01% |
81,342
+19,632
| +32% | +$2.7M |
|
577
Vistra
VST
$49.1B
| $10M | 0.01% |
62,255
+10,237
| +20% | +$1.86M |
|
578
Enterprise Products Partners
EPD
$82.1B
| $10M | 0.01% |
313,260
+18,667
| +6% | +$590K |
|
579
Travelers Companies
TRV
$77.2B
| $10M | 0.01% |
34,602
+3,572
| +12% | +$1.01M |
|
580
Invesco BulletShares 2026 Corporate Bond ETF
BSCQ
$3.57B
| $10M | 0.01% |
510,793
+42,204
| +9% | +$826K |
|
581
Aflac
AFL
$60.7B
| $9.97M | 0.01% |
90,404
+5,541
| +7% | +$610K |
|
582
Cenovus Energy
CVE
$56.4B
| $9.96M | 0.01% |
588,486
+571,386
| +3,341% | +$9.92M |
|
583
iShares Morningstar Growth ETF
ILCG
$3.3B
| $9.75M | 0.01% |
93,693
+4,006
| +4% | +$418K |
|
584
KKR & Co
KKR
$103B
| $9.6M | 0.01% |
75,337
+6,403
| +9% | +$796K |
|
585
Airbnb
ABNB
$111B
| $9.59M | 0.01% |
70,695
+912
| +1% | +$114K |
|
586
State Street SPDR Portfolio Aggregate Bond ETF
SPAB
$9.95B
| $9.57M | 0.01% |
371,719
+9,344
| +3% | +$242K |
|
587
Cencora
COR
$59.2B
| $9.57M | 0.01% |
28,324
+6,087
| +27% | +$2.08M |
|
588
Invesco S&P MidCap Value with Momentum ETF
XMVM
$511M
| $9.54M | 0.01% |
148,670
+18,909
| +15% | +$1.17M |
|
589
WisdomTree Emerging Markets High Dividend Fund
DEM
$3.98B
| $9.49M | 0.01% |
203,247
-163,231
| -45% | -$7.56M |
|
590
Capital Group Short Duration Municipal Income ETF
CGSM
$1.57B
| $9.42M | 0.01% |
357,693
+210,171
| +142% | +$5.54M |
|
591
Intel
INTC
$527B
| $9.42M | 0.01% |
255,261
+13,858
| +6% | +$523K |
|
592
First Trust Dorsey Wright Focus 5 ETF
FV
$3.83B
| $9.42M | 0.01% |
149,665
+10,590
| +8% | +$656K |
|
593
Northrop Grumman
NOC
$81.6B
| $9.39M | 0.01% |
16,470
+432
| +3% | +$251K |
|
594
First Trust Mid Cap Core AlphaDEX Fund
FNX
$1.41B
| $9.24M | 0.01% |
73,315
+4,044
| +6% | +$506K |
|
595
iShares ESG Optimized MSCI USA ETF
SUSA
$4.21B
| $9.22M | 0.01% |
66,182
-666
| -1% | -$92K |
|
596
Xcel Energy
XEL
$49.3B
| $9.2M | 0.01% |
124,567
+9,588
| +8% | +$756K |
|
597
Invesco BuyBack Achievers ETF
PKW
$1.8B
| $9.19M | 0.01% |
68,412
+3,438
| +5% | +$454K |
|
598
Invesco FTSE RAFI Developed Markets ex-US ETF
PXF
$2.98B
| $9.19M | 0.01% |
140,175
-5,609
| -4% | -$355K |
|
599
Linde
LIN
$220B
| $9.15M | 0.01% |
21,458
+428
| +2% | +$183K |
|
600
FlexShares US Quality Large Cap Index Fund
QLC
$1.05B
| $9.06M | 0.01% |
111,818
+47,648
| +74% | +$3.79M |
|
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.