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
VALE icon
1226
Vale
VALE
$58B
$1.22M ﹤0.01%
93,642
-3,686
-4% -$44.8K
IBTL icon
1227
iShares iBonds Dec 2031 Term Treasury ETF
IBTL
$656M
$1.22M ﹤0.01%
59,430
+8,578
+17% +$177K
TIMB icon
1228
TIM SA
TIMB
$8.27B
$1.21M ﹤0.01%
62,279
+35,192
+130% +$773K
CBOE icon
1229
Cboe Global Markets
CBOE
$30.9B
$1.21M ﹤0.01%
4,802
-21,390
-82% -$5.32M
EL icon
1230
Estee Lauder
EL
$31.5B
$1.2M ﹤0.01%
11,481
+6,396
+126% +$621K
CSW
1231
CSW Industrials
CSW
$5.64B
$1.18M ﹤0.01%
4,029
– –
EIX icon
1232
Edison International
EIX
$27.4B
$1.18M ﹤0.01%
19,638
+7,570
+63% +$434K
BR icon
1233
Broadridge
BR
$19.5B
$1.18M ﹤0.01%
5,274
-220
-4% -$50.2K
CHDN icon
1234
Churchill Downs
CHDN
$6.25B
$1.17M ﹤0.01%
10,293
-166
-2% -$17.2K
AOR icon
1235
iShares Core 60/40 Balanced Allocation ETF
AOR
$3.75B
$1.17M ﹤0.01%
17,980
-5,034
-22% -$327K
NUMV icon
1236
Nuveen ESG Mid-Cap Value ETF
NUMV
$460M
$1.17M ﹤0.01%
29,883
-299
-1% -$11.6K
IEV icon
1237
iShares Europe ETF
IEV
$1.7B
$1.17M ﹤0.01%
17,000
-5,580
-25% -$373K
GEHC icon
1238
GE HealthCare
GEHC
$33.3B
$1.17M ﹤0.01%
14,212
-113
-0.8% -$8.8K
ARKQ icon
1239
ARK Autonomous Technology & Robotics ETF
ARKQ
$2.09B
$1.17M ﹤0.01%
10,165
+2,218
+28% +$256K
DKS icon
1240
Dick's Sporting Goods
DKS
$18.1B
$1.16M ﹤0.01%
5,876
+495
+9% +$108K
USXF icon
1241
iShares ESG Advanced MSCI USA ETF
USXF
$1.52B
$1.16M ﹤0.01%
20,167
+122
+0.6% +$7.02K
DG icon
1242
Dollar General
DG
$27.3B
$1.16M ﹤0.01%
8,742
+298
+4% +$33.2K
FTMU
1243
Franklin Municipal Income ETF
FTMU
$466M
$1.16M ﹤0.01%
+148,388
New +$1.16M
BIIB icon
1244
Biogen
BIIB
$31B
$1.16M ﹤0.01%
6,584
+654
+11% +$107K
VEEV icon
1245
Veeva Systems
VEEV
$40B
$1.15M ﹤0.01%
5,171
+638
+14% +$169K
RMD icon
1246
ResMed
RMD
$32.7B
$1.15M ﹤0.01%
4,768
+211
+5% +$54K
CGBL icon
1247
Capital Group Core Balanced ETF
CGBL
$7.49B
$1.15M ﹤0.01%
32,466
+4,190
+15% +$147K
BSMS icon
1248
Invesco BulletShares 2028 Municipal Bond ETF
BSMS
$317M
$1.15M ﹤0.01%
48,724
+4,236
+10% +$99.3K
JGRO icon
1249
JPMorgan Active Growth ETF
JGRO
$10.1B
$1.14M ﹤0.01%
12,247
+183
+2% +$17.2K
HEI icon
1250
HEICO Corp
HEI
$52B
$1.13M ﹤0.01%
3,496
-1,056
-23% -$334K
48 49
50
51 52

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
Millennium Management
Millennium Management New York $240B AUM 35.51% 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.