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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
+2.04%
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
$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 | |
|---|---|---|---|---|---|---|
176
Hartford Total Return Bond ETF
HTRB
$2.22B
| $86.4M | 0.05% |
2,530,560
+154,078
| +6% | +$5.31M |
|
177
Fidelity MSCI Communication Services Index ETF
FCOM
$1.78B
| $86M | 0.05% |
1,173,277
-80,840
| -6% | -$5.74M |
|
|
BDYN
178
iShares Dynamic Equity Active ETF
BDYN
$3.13B
| $85.8M | 0.05% |
3,351,216
-295,312
| -8% | -$7.57M |
|
179
American Express
AXP
$230B
| $84.8M | 0.05% |
229,248
+528
| +0.2% | +$189K |
|
180
iShares US Financials ETF
IYF
$4.4B
| $84.7M | 0.05% |
656,867
-8,245
| -1% | -$1.03M |
|
181
Vanguard Health Care ETF
VHT
$19B
| $84.6M | 0.05% |
294,054
-22,045
| -7% | -$6.16M |
|
182
iShares 3-7 Year Treasury Bond ETF
IEI
$17.7B
| $84.5M | 0.05% |
708,226
-30,784
| -4% | -$3.68M |
|
183
First Trust SMID Cap Rising Dividend Achievers ETF
SDVY
$11.8B
| $84.3M | 0.05% |
2,199,824
+65,620
| +3% | +$2.49M |
|
184
UnitedHealth
UNH
$361B
| $84.1M | 0.05% |
254,890
+1,715
| +0.7% | +$581K |
|
185
iShares S&P Mid-Cap 400 Value ETF
IJJ
$9.02B
| $83.4M | 0.05% |
633,518
+5,830
| +0.9% | +$759K |
|
186
Vanguard Consumer Discretionary ETF
VCR
$6.15B
| $81.4M | 0.05% |
206,669
+2,996
| +1% | +$1.17M |
|
187
First Trust Morningstar Dividend Leaders Index Fund
FDL
$7.88B
| $81.4M | 0.05% |
1,835,786
+29,465
| +2% | +$1.28M |
|
188
Global X Artificial Intelligence & Technology ETF
AIQ
$10.2B
| $81.1M | 0.05% |
1,595,066
+503,475
| +46% | +$25.6M |
|
189
Freedom 100 Emerging Markets ETF
FRDM
$3.34B
| $81M | 0.05% |
1,580,643
+120,307
| +8% | +$5.75M |
|
190
Dimensional Emerging Core Equity Market ETF
DFAE
$9.68B
| $80.9M | 0.05% |
2,485,406
+541,777
| +28% | +$17.4M |
|
191
Oracle
ORCL
$419B
| $79.3M | 0.05% |
407,067
+23,295
| +6% | +$5.55M |
|
192
Vanguard FTSE All-World ex-US Small-Cap Index Fund
VSS
$11.9B
| $78.9M | 0.05% |
550,701
+9,204
| +2% | +$1.31M |
|
193
iShares US Technology ETF
IYW
$25.2B
| $78.9M | 0.05% |
394,891
-31,560
| -7% | -$6.31M |
|
194
ExxonMobil
XOM
$657B
| $78.8M | 0.05% |
655,059
+49,349
| +8% | +$5.72M |
|
195
ServiceNow
NOW
$132B
| $78.5M | 0.05% |
512,748
-29,477
| -5% | -$5.06M |
|
196
Vanguard Morningstar Small-Cap Value ETF
VBR
$38B
| $77.7M | 0.05% |
366,780
-788
| -0.2% | -$165K |
|
197
Johnson & Johnson
JNJ
$626B
| $76.3M | 0.05% |
368,778
+9,696
| +3% | +$1.92M |
|
198
Arista Networks
ANET
$250B
| $75.6M | 0.05% |
576,991
+76,800
| +15% | +$10.6M |
|
199
iShares MSCI EAFE Growth ETF
EFG
$17.3B
| $75.3M | 0.05% |
661,270
+47,102
| +8% | +$5.4M |
|
200
Philip Morris
PM
$290B
| $73.7M | 0.05% |
459,330
+12,682
| +3% | +$1.96M |
|
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.