We are live on ! Find out more
Northwestern Mutual Wealth Management

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
Cap. Flow
+$5.39B
Cap. Flow %
3.41%
Top 10 Hldgs %
47.3%
Holding
4,314
New
520
Increased
1,834
Reduced
1,140
Closed
305

Top Buys

Rank Stock Value
1
BND icon
Vanguard Total Bond Market
BND
+$319M
2
SCHF icon
Schwab International Equity ETF
SCHF
+$291M
3
IVV icon
iShares Core S&P 500 ETF
IVV
+$278M
4
VEA icon
Vanguard FTSE Developed Markets ETF
VEA
+$230M
5
DYNF icon
BlackRock US Equity Factor Rotation ETF
DYNF
+$188M

Top Sells

Rank Stock Value
1
DBEF icon
Xtrackers MSCI EAFE Hedged Equity ETF
DBEF
+$94.4M
2
LYFT icon
Lyft
LYFT
+$74.6M
3
COWZ icon
Pacer US Cash Cows 100 ETF
COWZ
+$62.5M
4
UBER icon
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
IVOV icon
626
Vanguard S&P Mid-Cap 400 Value ETF
IVOV
$1.38B
$8.07M 0.01%
79,893
+344
+0.4% +$34.7K
IMCV icon
627
iShares Morningstar Mid-Cap Value ETF
IMCV
$1.17B
$8.01M 0.01%
97,338
+49,880
+105% +$4.03M
DXJ icon
628
WisdomTree Japan Hedged Equity Fund
DXJ
$7.55B
$8.01M 0.01%
55,531
+1,322
+2% +$181K
JPIE icon
629
JPMorgan Income ETF
JPIE
$10.3B
$7.97M 0.01%
172,209
+124,510
+261% +$5.77M
ILOW
630
AB International Low Volatility Equity ETF
ILOW
$1.88B
$7.94M 0.01%
186,439
+14,331
+8% +$607K
SPGM icon
631
State Street SPDR Portfolio MSCI Global Stock Market ETF
SPGM
$1.77B
$7.94M 0.01%
103,502
+6,782
+7% +$516K
AZN icon
632
AstraZeneca
AZN
$244B
$7.92M 0.01%
43,104
+1,410
+3% +$247K
ARM icon
633
Arm
ARM
$298B
$7.91M 0.01%
72,331
+10,947
+18% +$1.59M
FLIN icon
634
Franklin FTSE India ETF
FLIN
$2.67B
$7.88M 0.01%
204,264
+5,698
+3% +$220K
CI icon
635
Cigna
CI
$73.5B
$7.86M 0.01%
28,561
+4,997
+21% +$1.4M
IBMO icon
636
iShares iBonds Dec 2026 Term Muni Bond ETF
IBMO
$568M
$7.84M 0.01%
305,626
+19,663
+7% +$504K
RSG icon
637
Republic Services
RSG
$65.9B
$7.81M ﹤0.01%
36,875
-589
-2% -$127K
AMT icon
638
American Tower
AMT
$81.2B
$7.81M ﹤0.01%
44,463
-2,184
-5% -$397K
METV icon
639
Roundhill Ball Metaverse ETF
METV
$213M
$7.77M ﹤0.01%
413,933
-8,287
-2% -$164K
VAW icon
640
Vanguard Materials ETF
VAW
$3.05B
$7.72M ﹤0.01%
37,207
-1,674
-4% -$337K
FIXD icon
641
First Trust Smith Opportunistic Fixed Income ETF
FIXD
$3.24B
$7.66M ﹤0.01%
172,832
+5,436
+3% +$242K
MCK icon
642
McKesson
MCK
$99.9B
$7.65M ﹤0.01%
9,327
+688
+8% +$561K
DFUS
643
Dimensional US Equity ETF
DFUS
$21.8B
$7.51M ﹤0.01%
101,246
+784
+0.8% +$57.6K
IBMQ icon
644
iShares iBonds Dec 2028 Term Muni Bond ETF
IBMQ
$663M
$7.49M ﹤0.01%
292,818
+3,000
+1% +$76.6K
TBIL
645
F/m US Treasury 3 Month Bill Fund
TBIL
$7.24B
$7.47M ﹤0.01%
149,747
+49,640
+50% +$2.48M
IGSB icon
646
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$23.4B
$7.41M ﹤0.01%
140,185
+74,428
+113% +$3.94M
ZROZ icon
647
PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund
ZROZ
$1.31B
$7.35M ﹤0.01%
114,415
+12,653
+12% +$857K
PNC icon
648
PNC Financial Services
PNC
$102B
$7.35M ﹤0.01%
35,218
-6,779
-16% -$1.31M
XLI icon
649
State Street Industrial Select Sector SPDR ETF
XLI
$34.7B
$7.33M ﹤0.01%
47,230
+18,851
+66% +$2.9M
IBDV icon
650
iShares iBonds Dec 2030 Term Corporate ETF
IBDV
$3.31B
$7.27M ﹤0.01%
329,418
+61,038
+23% +$1.35M
24 25
26
27 28

Similar funds

HSBC Holdings
HSBC Holdings London, United Kingdom $192B AUM 27.2% 1-Year Est. Return
Jones Financial Companies
Jones Financial Companies Des Peres, Missouri $208B AUM 16.12% 1-Year Est. Return
D.E. Shaw & Co
D.E. Shaw & Co New York $166B AUM 43.98% 1-Year Est. Return
Janus Henderson Group
Janus Henderson Group London, United Kingdom $209B AUM 37.72% 1-Year Est. Return
California Public Employees Retirement System
California Public Employees Retirement System Sacramento, California $162B AUM 25.78% 1-Year Est. Return
AQR Capital Management
AQR Capital Management Greenwich, Connecticut $218B AUM 29.41% 1-Year Est. Return
Canada Pension Plan Investment Board
Canada Pension Plan Investment Board Toronto Ontario, Ontario, Canada $155B AUM 29.93% 1-Year Est. Return
T. Rowe Price Investment Management
T. Rowe Price Investment Management Baltimore, Maryland $145B AUM 22.78% 1-Year Est. Return

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.