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
+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
Cap. Flow
+$4.59B
Cap. Flow %
3.06%
Top 10 Hldgs %
48.08%
Holding
4,104
New
448
Increased
1,772
Reduced
1,075
Closed
310

Top Buys

Rank Stock Value
1
IQLT icon
iShares MSCI Intl Quality Factor ETF
IQLT
+$828M
2
IVV icon
iShares Core S&P 500 ETF
IVV
+$605M
3
BND icon
Vanguard Total Bond Market
BND
+$310M
4
VEA icon
Vanguard FTSE Developed Markets ETF
VEA
+$179M
5
IJH icon
iShares Core S&P Mid-Cap ETF
IJH
+$177M

Top Sells

Rank Stock Value
1
SCHF icon
Schwab International Equity ETF
SCHF
+$1.04B
2
VO icon
Vanguard Morningstar Mid-Cap ETF
VO
+$203M
3
COWZ icon
Pacer US Cash Cows 100 ETF
COWZ
+$145M
4
NVDA icon
NVIDIA
NVDA
+$61.2M
5
APP icon
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
BP icon
801
BP
BP
$110B
$4.02M ﹤0.01%
116,680
-3,983
-3% -$133K
DLR icon
802
Digital Realty Trust
DLR
$73.1B
$4.01M ﹤0.01%
23,173
-1,803
-7% -$308K
MAR icon
803
Marriott International
MAR
$92.5B
$4M ﹤0.01%
15,358
-1,341
-8% -$360K
AIG icon
804
American International
AIG
$39.8B
$3.99M ﹤0.01%
50,811
+16,602
+49% +$1.33M
LVHD icon
805
Franklin US Low Volatility High Dividend Index ETF
LVHD
$630M
$3.98M ﹤0.01%
96,373
-6,688
-6% -$273K
IHF icon
806
iShares US Healthcare Providers ETF
IHF
$1.26B
$3.93M ﹤0.01%
79,568
+25,397
+47% +$1.16M
GPIQ icon
807
Goldman Sachs ETF Trust Goldman Sachs Nasdaq-100 Premium Income ETF
GPIQ
$5.41B
$3.92M ﹤0.01%
+74,753
New +$3.79M
PTGX icon
808
Protagonist Therapeutics
PTGX
$9.84B
$3.91M ﹤0.01%
58,894
-20,000
-25% -$1.14M
TROW icon
809
T. Rowe Price
TROW
$23.8B
$3.91M ﹤0.01%
38,088
+1,720
+5% +$181K
OTIS icon
810
Otis Worldwide
OTIS
$28.2B
$3.91M ﹤0.01%
42,739
+5,333
+14% +$484K
NZF icon
811
Nuveen Municipal Credit Income Fund
NZF
$2.42B
$3.91M ﹤0.01%
310,980
+191,365
+160% +$2.3M
SE icon
812
Sea Limited
SE
$75.5B
$3.9M ﹤0.01%
21,821
-1,561
-7% -$267K
TOTL icon
813
State Street DoubleLine Total Return Tactical ETF
TOTL
$4.01B
$3.9M ﹤0.01%
96,012
+8,539
+10% +$343K
CGSM icon
814
Capital Group Short Duration Municipal Income ETF
CGSM
$1.57B
$3.89M ﹤0.01%
147,522
+31,168
+27% +$819K
DFNL icon
815
Davis Select Financial ETF
DFNL
$495M
$3.88M ﹤0.01%
85,734
+5,757
+7% +$255K
BBEU icon
816
JPMorgan BetaBuilders Europe ETF
BBEU
$9.53B
$3.87M ﹤0.01%
55,534
+3,868
+7% +$263K
BKIE icon
817
BNY Mellon International Equity ETF
BKIE
$1.35B
$3.86M ﹤0.01%
129,456
+107,787
+497% +$3.12M
XLU icon
818
State Street Utilities Select Sector SPDR ETF
XLU
$22.9B
$3.86M ﹤0.01%
88,478
+52,752
+148% +$2.23M
JVAL icon
819
JPMorgan US Value Factor ETF
JVAL
$876M
$3.84M ﹤0.01%
80,932
+4,148
+5% +$191K
IBB icon
820
iShares Biotechnology ETF
IBB
$9.77B
$3.82M ﹤0.01%
26,478
-2,264
-8% -$309K
IMCV icon
821
iShares Morningstar Mid-Cap Value ETF
IMCV
$1.17B
$3.81M ﹤0.01%
47,458
-2,863
-6% -$225K
DBC icon
822
Invesco DB Commodity Index Tracking Fund
DBC
$1.71B
$3.78M ﹤0.01%
167,575
-160,939
-49% -$3.58M
FANG icon
823
Diamondback Energy
FANG
$55.9B
$3.76M ﹤0.01%
26,298
-1,418
-5% -$202K
EMQQ icon
824
EMQQ The Emerging Markets Internet & Ecommerce ETF
EMQQ
$268M
$3.75M ﹤0.01%
80,811
+2,404
+3% +$103K
DWLD icon
825
Davis Select Worldwide ETF
DWLD
$606M
$3.72M ﹤0.01%
82,141
-243,343
-75% -$10.5M
31 32
33
34 35

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 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.