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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 | |
|---|---|---|---|---|---|---|
601
BNY Mellon International Equity ETF
BKIE
$1.35B
| $9.05M | 0.01% |
293,382
+163,926
| +127% | +$4.96M |
|
602
iShares MSCI India Small-Cap ETF
SMIN
$773M
| $8.99M | 0.01% |
128,612
-73,711
| -36% | -$5.32M |
|
603
Quanta Services
PWR
$101B
| $8.96M | 0.01% |
21,220
+4,220
| +25% | +$1.85M |
|
604
lululemon athletica
LULU
$13.6B
| $8.95M | 0.01% |
43,054
+8,732
| +25% | +$1.58M |
|
605
Zoetis
ZTS
$31.3B
| $8.88M | 0.01% |
70,541
-278,388
| -80% | -$36.3M |
|
|
NVO
606
Novo Nordisk
NVO
$205B
| $8.87M | 0.01% |
174,408
-14,738
| -8% | -$754K |
|
|
STXF
607
Strive 500 ETF
STXF
$1.17B
| $8.85M | 0.01% |
200,738
-997
| -0.5% | -$43.6K |
|
608
iShares 0-5 Year Investment Grade Corporate Bond ETF
SLQD
$2.38B
| $8.77M | 0.01% |
173,068
+5,328
| +3% | +$270K |
|
609
State Street SPDR Nuveen ICE High Yield Municipal Bond ETF
HYMB
$3.37B
| $8.72M | 0.01% |
349,463
+160,268
| +85% | +$4.02M |
|
610
Novartis
NVS
$288B
| $8.7M | 0.01% |
63,109
-1,389
| -2% | -$182K |
|
611
iShares Short Maturity Bond ETF
NEAR
$4.88B
| $8.59M | 0.01% |
168,199
+18,534
| +12% | +$949K |
|
612
Invesco Taxable Municipal Bond ETF
BAB
$1.01B
| $8.56M | 0.01% |
314,672
+24,954
| +9% | +$683K |
|
613
iShares Expanded Tech-Software Sector ETF
IGV
$15.2B
| $8.55M | 0.01% |
80,905
-37,770
| -32% | -$4.15M |
|
614
Analog Devices
ADI
$186B
| $8.51M | 0.01% |
31,397
+1,598
| +5% | +$401K |
|
615
Corning
GLW
$137B
| $8.48M | 0.01% |
96,802
+3,752
| +4% | +$323K |
|
616
Alpha Architect US Quantitative Value ETF
QVAL
$614M
| $8.37M | 0.01% |
171,590
+12,082
| +8% | +$573K |
|
|
FTMN
617
Franklin Minnesota Municipal Income ETF
FTMN
$196M
| $8.35M | 0.01% |
+945,124
| New | +$8.34M |
|
618
iShares MBS ETF
MBB
$39.2B
| $8.29M | 0.01% |
87,058
-50,997
| -37% | -$4.86M |
|
619
Archer Daniels Midland
ADM
$38.6B
| $8.28M | 0.01% |
144,079
-21,517
| -13% | -$1.29M |
|
620
iShares US Tech Independence Focused ETF
IETC
$733M
| $8.28M | 0.01% |
81,511
+13,626
| +20% | +$1.4M |
|
621
Enbridge
ENB
$112B
| $8.26M | 0.01% |
172,746
+23,630
| +16% | +$1.13M |
|
622
Dimensional Emerging Markets Core Equity 2 ETF
DFEM
$9.38B
| $8.21M | 0.01% |
248,239
+14,192
| +6% | +$464K |
|
|
CGMM
623
Capital Group U.S. Small and Mid Cap ETF
CGMM
$3.36B
| $8.12M | 0.01% |
+281,573
| New | +$8.01M |
|
624
iShares California Muni Bond ETF
CMF
$4.63B
| $8.12M | 0.01% |
141,313
+20,352
| +17% | +$1.17M |
|
625
Capital Group Short Duration Income ETF
CGSD
$2.44B
| $8.08M | 0.01% |
310,788
+33,681
| +12% | +$877K |
|
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.