Northern Trust
NTRS
912 hedge funds and large institutions have $21.4B invested in Northern Trust in 2025 Q4 according to their latest regulatory filings, with 123 funds opening new positions, 286 increasing their positions, 324 reducing their positions, and 71 closing their positions.
370% more call options, than puts
Call options by funds: $93.5M | Put options by funds: $19.9M
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
73% more first-time investments, than exits
New positions opened: 123 | Existing positions closed: 71
4% more funds holding
Funds holding: 874 → 912 (+38)
0.43% less ownership
Funds ownership: 83.39% → 82.96% (-0.43%)
0% less capital invested
Capital invested by funds: $21.5B → $21.4B (-$96M)
12% less repeat investments, than reductions
Existing positions increased: 286 | Existing positions reduced: 324
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
+$92.4M |
| 2 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
+$72.2M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$58M |
| 4 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$46.3M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$42.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$238M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$139M |
| 3 |
Primecap Management
Pasadena,
California
|
-$123M |
| 4 |
JP Morgan Chase
New York
|
-$86.7M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$80.6M |
NTRS Hedge Fund Activity: Q4 2025 in Review
912 of the 8,264 institutional investors tracked by Wall St. Rank reported a position in Northern Trust (NTRS) for Q4 2025, worth a combined $21.4B — down 0.45% from $21.5B a quarter earlier.
Buyers outnumbered sellers: 123 funds opened new NTRS positions and 71 closed out — a net gain of 52 holders — while 286 added to existing stakes and 324 trimmed.
The largest buyer was AQR Capital Management, adding an estimated $92.4M. The largest seller was Fidelity Investments, cutting an estimated $238M.
- 912 institutional investors held Northern Trust (NTRS) as of Q4 2025, up from 874 in Q3 2025.
- Funds reported $21.4B of Northern Trust stock for Q4 2025, down 0.45% quarter-over-quarter.
- 123 funds opened new Northern Trust positions in Q4 2025 and 71 closed out, a net change of +52 holders.
- The largest Northern Trust buyer in Q4 2025 was AQR Capital Management, an estimated $92.4M added.
- The largest Northern Trust seller in Q4 2025 was Fidelity Investments, an estimated $238M sold.
Based on aggregated 13F filings for Q4 2025.