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Northwestern Mutual Wealth Management Portfolio holdings
AUM
$162B
1-Year Est. Return
16.35%
This Fund
S&P 500
This Quarter
Est. Return
+6.14%
1 Year Est. Return
+16.35%
3 Year Est. Return
+42.23%
5 Year Est. Return
+39.96%
10 Year Est. Return
+140.73%
AUM
$150B
AUM Growth
+$12.8B
(+9.3%)
Cap. Flow
+$4.59B
Cap. Flow
% of AUM
3.06%
Top 10 Holdings %
Top 10 Hldgs %
48.08%
Holding
4,104
New
448
Increased
1,772
Reduced
1,075
Closed
310
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI Intl Quality Factor ETF
IQLT
|
+$828M |
| 2 |
iShares Core S&P 500 ETF
IVV
|
+$605M |
| 3 |
Vanguard Total Bond Market
BND
|
+$310M |
| 4 |
Vanguard FTSE Developed Markets ETF
VEA
|
+$179M |
| 5 |
iShares Core S&P Mid-Cap ETF
IJH
|
+$177M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Schwab International Equity ETF
SCHF
|
+$1.04B |
| 2 |
Vanguard Morningstar Mid-Cap ETF
VO
|
+$203M |
| 3 |
Pacer US Cash Cows 100 ETF
COWZ
|
+$145M |
| 4 |
NVIDIA
NVDA
|
+$61.2M |
| 5 |
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 | |
|---|---|---|---|---|---|---|
151
Palo Alto Networks
PANW
$313B
| $98.4M | 0.07% |
483,011
+57,158
| +13% | +$10.9M |
|
152
Salesforce
CRM
$162B
| $97.6M | 0.07% |
411,862
-143,489
| -26% | -$36.2M |
|
153
Uber
UBER
$160B
| $97.4M | 0.06% |
993,719
+77,085
| +8% | +$7.21M |
|
154
TSMC
TSM
$2.19T
| $95.1M | 0.06% |
340,605
-918
| -0.3% | -$224K |
|
155
T. Rowe Price Blue Chip Growth ETF
TCHP
$2.19B
| $94.8M | 0.06% |
1,940,043
-19,154
| -1% | -$901K |
|
156
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
$46.7B
| $94.3M | 0.06% |
1,028,220
+168,538
| +20% | +$15.4M |
|
157
Lam Research
LRCX
$390B
| $93.8M | 0.06% |
700,285
-39,764
| -5% | -$4.21M |
|
158
iShares Russell 1000 Value ETF
IWD
$84B
| $92.9M | 0.06% |
456,131
-788
| -0.2% | -$157K |
|
|
BDYN
159
iShares Dynamic Equity Active ETF
BDYN
$3.13B
| $92.3M | 0.06% |
+3,646,528
| New | +$92.1M |
|
160
State Street SPDR Portfolio S&P 400 Mid Cap ETF
SPMD
$18.9B
| $92.2M | 0.06% |
1,612,602
+62,798
| +4% | +$3.54M |
|
161
Global X US Infrastructure Development ETF
PAVE
$14.4B
| $91.8M | 0.06% |
1,928,003
+234,434
| +14% | +$10.8M |
|
162
Invesco S&P 500 Top 50 ETF
XLG
$10.9B
| $91.8M | 0.06% |
1,596,149
-84,575
| -5% | -$4.62M |
|
163
Fidelity Enhanced Small Cap Core ETF
FESM
$6.29B
| $90.7M | 0.06% |
2,481,901
+759,702
| +44% | +$26.1M |
|
164
iShares 1-3 Year Treasury Bond ETF
SHY
$25.5B
| $90.1M | 0.06% |
1,086,265
-94,067
| -8% | -$7.78M |
|
165
Fidelity MSCI Communication Services Index ETF
FCOM
$1.78B
| $89M | 0.06% |
1,254,117
-128,229
| -9% | -$8.67M |
|
166
iShares 3-7 Year Treasury Bond ETF
IEI
$17.7B
| $88.3M | 0.06% |
739,010
+505,360
| +216% | +$60.1M |
|
|
FISV
167
Fiserv Inc
FISV
$28B
| $87.6M | 0.06% |
679,442
+357,967
| +111% | +$51.3M |
|
168
UnitedHealth
UNH
$361B
| $87.4M | 0.06% |
253,175
+10,346
| +4% | +$3.13M |
|
169
Walmart Inc
WMT
$901B
| $86.4M | 0.06% |
838,642
-10,472
| -1% | -$1.04M |
|
170
Vanguard Morningstar Mega Cap Growth ETF
MGK
$33.6B
| $85.1M | 0.06% |
1,057,640
+272,870
| +35% | +$20.9M |
|
171
Invesco S&P International Developed Momentum ETF
IDMO
$4.24B
| $85M | 0.06% |
1,574,765
+891,210
| +130% | +$46.6M |
|
172
iShares US Financials ETF
IYF
$4.4B
| $84.2M | 0.06% |
665,112
-36,875
| -5% | -$4.56M |
|
173
KLA
KLAC
$262B
| $84M | 0.06% |
778,810
+11,000
| +1% | +$1.03M |
|
174
Goldman Sachs
GS
$301B
| $83.8M | 0.06% |
105,270
+3,357
| +3% | +$2.49M |
|
175
iShares US Technology ETF
IYW
$25.2B
| $83.5M | 0.06% |
426,451
+56,708
| +15% | +$10.4M |
|
Similar funds
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.