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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 | |
|---|---|---|---|---|---|---|
926
First Trust North American Energy Infrastructure Fund
EMLP
$4.16B
| $3.03M | ﹤0.01% |
80,113
+7,147
| +10% | +$273K |
|
927
Global X US Preferred ETF
PFFD
$2.18B
| $3.03M | ﹤0.01% |
160,153
-14,729
| -8% | -$282K |
|
928
Datadog
DDOG
$90.6B
| $3.02M | ﹤0.01% |
22,205
+277
| +1% | +$43.8K |
|
929
Royal Gold
RGLD
$19.1B
| $3.02M | ﹤0.01% |
13,577
+285
| +2% | +$56.5K |
|
|
FISV
930
Fiserv Inc
FISV
$29.5B
| $3.02M | ﹤0.01% |
44,900
-634,542
| -93% | -$53.1M |
|
931
United Airlines
UAL
$40.6B
| $3M | ﹤0.01% |
26,854
-1,549
| -5% | -$157K |
|
932
Invesco Semiconductors ETF
PSI
$2.59B
| $2.99M | ﹤0.01% |
37,863
+4,071
| +12% | +$311K |
|
933
Robinhood
HOOD
$89.3B
| $2.98M | ﹤0.01% |
26,365
+14,915
| +130% | +$1.94M |
|
934
Calvert US Large-Cap Core Responsible Index ETF
CVLC
$979M
| $2.98M | ﹤0.01% |
35,386
-4,240
| -11% | -$354K |
|
935
Franklin US Low Volatility High Dividend Index ETF
LVHD
$630M
| $2.98M | ﹤0.01% |
74,652
-21,721
| -23% | -$880K |
|
936
iShares US Financial Services ETF
IYG
$2.24B
| $2.94M | ﹤0.01% |
31,879
+2,540
| +9% | +$227K |
|
937
Exelon
EXC
$46.6B
| $2.92M | ﹤0.01% |
66,914
+2,137
| +3% | +$97.5K |
|
938
iShares ESG MSCI USA Leaders ETF
SUSL
$1.22B
| $2.89M | ﹤0.01% |
23,811
+459
| +2% | +$54.9K |
|
939
Western Digital
WDC
$168B
| $2.88M | ﹤0.01% |
16,719
+11,534
| +222% | +$1.75M |
|
940
Okta
OKTA
$26.9B
| $2.87M | ﹤0.01% |
33,235
+14,138
| +74% | +$1.23M |
|
941
Arthur J. Gallagher & Co
AJG
$65.5B
| $2.86M | ﹤0.01% |
11,039
-236
| -2% | -$62.5K |
|
942
Strategic Trust Running Oak Efficient Growth ETF
RUNN
$412M
| $2.86M | ﹤0.01% |
85,644
+20,323
| +31% | +$682K |
|
943
iShares US Medical Devices ETF
IHI
$3.48B
| $2.85M | ﹤0.01% |
45,903
-7,125
| -13% | -$440K |
|
944
State Street US Sector Rotation ETF
XLSR
$1.06B
| $2.85M | ﹤0.01% |
45,769
+10,517
| +30% | +$645K |
|
945
Vanguard Mortgage-Backed Securities ETF
VMBS
$15.7B
| $2.85M | ﹤0.01% |
60,539
+21,409
| +55% | +$1.01M |
|
946
Group 1 Automotive
GPI
$3.17B
| $2.84M | ﹤0.01% |
7,227
+295
| +4% | +$121K |
|
947
iShares Core Dividend ETF
DIVB
$1.8B
| $2.84M | ﹤0.01% |
53,370
-1,510
| -3% | -$79.2K |
|
948
Jabil
JBL
$38.8B
| $2.83M | ﹤0.01% |
12,425
+422
| +4% | +$90K |
|
|
GSWO
949
Goldman Sachs ActiveBeta World Equity ETF
GSWO
$1.81B
| $2.83M | ﹤0.01% |
48,965
+2,294
| +5% | +$131K |
|
950
First Trust NYSE Arca Biotechnology Index Fund
FBT
$2.78B
| $2.8M | ﹤0.01% |
13,568
+656
| +5% | +$131K |
|
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.