Northern Trust Corp.
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 14, 2024), Northern Trust Corp. reported 4,418 stock positions worth $578.7 billion. Its top holding was Microsoft (MSFT) at 5.4% of the portfolio, followed by Apple (AAPL, 4.6%) and Nvidia (NVDA, 3.8%). Compared with Q4 2023, it opened 100 new positions, sold out of 144, added to 946 and reduced 3,158. The biggest buy was Super Micro Computer (SMCI, shares +3%) and the biggest sale Apple (AAPL, shares −5%).
- Most Recent 13F
- Q2 2026
- Location
- CHICAGO, IL
- CIK
- 0000073124
- Portfolio Value
- $578.7B (Q1 2024)
- SEC Filing
- 0001256484-24-000012 ↗ filed May 14, 2024
Holdings Value
Holdings 4,418 stocks · $578.7B
| MSFT Microsoft Corp. | 5.45% | 74,919,799 | $31.5B | Reduce -3.6% |
| AAPL Apple Inc. | 4.57% | 154,171,342 | $26.4B | Reduce -4.9% |
| NVDA Nvidia Corp. | 3.79% | 24,251,753 | $21.9B | Reduce -3.5% |
| AMZN Amazon.com Inc. | 2.70% | 86,571,129 | $15.6B | Reduce -3.5% |
| META Meta Platforms Inc. Class A | 1.81% | 21,601,357 | $10.5B | Reduce -2.8% |
| GOOGL Alphabet Inc. Class A | 1.61% | 61,880,583 | $9.3B | Reduce -3.7% |
| GOOG Alphabet Inc. Class C | 1.37% | 51,911,277 | $7.9B | Reduce -4.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.21% | 13,420,700 | $7.0B | Reduce -1.2% |
| LLY Eli Lilly & Co. | 1.19% | 8,835,453 | $6.9B | Reduce -3.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.14% | 15,713,621 | $6.6B | Reduce -3.7% |
| JPM JPMorgan Chase & Co. | 1.07% | 30,776,053 | $6.2B | Reduce -3.7% |
| AVGO Broadcom Inc. | 1.06% | 4,607,497 | $6.1B | Reduce -4.5% |
| XOM Exxon Mobil Corp. | 0.81% | 40,137,084 | $4.7B | Reduce -6.1% |
| UNH Unitedhealth Group Inc. | 0.79% | 9,210,367 | $4.6B | Reduce -3.8% |
| JNJ Johnson & Johnson | 0.78% | 28,632,296 | $4.5B | Reduce -3.7% |
| GUNR NT Mstar GLBL NR ETF | 0.77% | 107,876,754 | $4.4B | Reduce -7.5% |
| PG The Procter & Gamble Co. | 0.76% | 27,212,874 | $4.4B | Reduce -3.9% |
| V Visa Inc. Class A | 0.76% | 15,710,993 | $4.4B | Reduce -3.8% |
| HD Home Depot Inc. | 0.75% | 11,328,316 | $4.3B | Reduce -3.6% |
| TSLA Tesla Inc. | 0.73% | 24,007,861 | $4.2B | Reduce -7.0% |
| MA Mastercard Inc. Class A | 0.69% | 8,265,744 | $4.0B | Reduce -3.9% |
| ABBV Abbvie Inc. | 0.64% | 20,250,260 | $3.7B | Reduce -3.3% |
| MRK Merck & Co. Inc. | 0.62% | 27,099,626 | $3.6B | Reduce -4.9% |
| ITW Illinois Tool Works | 0.61% | 13,227,955 | $3.5B | Add +7.0% |
| COST Costco Wholesale Corp. | 0.61% | 4,843,334 | $3.5B | Reduce -3.5% |
| CVX Chevron Corp. | 0.57% | 20,818,031 | $3.3B | Reduce -4.8% |
| CRM Salesforce Inc. | 0.53% | 10,093,849 | $3.0B | Reduce -4.8% |
| PEP Pepsico Inc. | 0.47% | 15,609,056 | $2.7B | Reduce -3.9% |
| AMD Advanced Micro Devices | 0.46% | 14,905,626 | $2.7B | Reduce -4.5% |
| ACN Accenture PLC Class A | 0.46% | 7,704,894 | $2.7B | Reduce -3.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.45% | 21,490,426 | $2.6B | Reduce -4.1% |
| IVV iShares Core S&P 500 ETF | 0.45% | 4,932,820 | $2.6B | Add +8.8% |
| NFLX Netflix Inc. | 0.44% | 4,194,771 | $2.5B | Reduce -3.7% |
| KO The Coca-Cola Co. | 0.44% | 41,435,605 | $2.5B | Reduce -3.7% |
| VTI VG Morningstar TS MKT ETF-US | 0.42% | 9,441,987 | $2.5B | Reduce -2.6% |
| ADBE Adobe Inc. | 0.42% | 4,835,305 | $2.4B | Reduce -4.8% |
| WMT Walmart Inc. | 0.42% | 40,406,047 | $2.4B | Reduce -5.4% |
| MCD McDonald's Corp. | 0.42% | 8,521,887 | $2.4B | Reduce -4.4% |
| ABT Abbott Laboratories | 0.41% | 21,023,386 | $2.4B | Reduce -2.8% |
| CAT Caterpillar Inc. | 0.41% | 6,418,773 | $2.4B | Reduce -3.5% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.40% | 61,079,419 | $2.3B | Reduce -4.9% |
| CSCO Cisco Systems Inc. | 0.40% | 45,943,242 | $2.3B | Reduce -4.5% |
| ORCL Oracle Corp. | 0.38% | 17,462,303 | $2.2B | Reduce -4.6% |
| LIN Linde PLC | 0.38% | 4,675,081 | $2.2B | Reduce -4.8% |
| TMO Thermo Fisher Scientific Inc. | 0.37% | 3,667,492 | $2.1B | Reduce -3.2% |
| QCOM Qualcomm Inc. | 0.34% | 11,761,800 | $2.0B | Reduce -1.8% |
| VEA Vanguard Ftse Developed ETF | 0.34% | 39,140,590 | $2.0B | Add +3.3% |
| INTU Intuit Inc. | 0.34% | 2,994,549 | $1.9B | Reduce -3.3% |
| WFC Wells Fargo & Co. | 0.33% | 33,303,118 | $1.9B | Reduce -5.8% |
| INTC Intel Corp. | 0.33% | 42,733,962 | $1.9B | Reduce -3.9% |
| AMAT Applied Materials Inc. | 0.32% | 8,985,187 | $1.9B | Reduce -5.3% |
| DHR Danaher Corp. | 0.32% | 7,326,859 | $1.8B | Reduce -5.3% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.31% | 9,291,918 | $1.8B | Reduce -3.7% |
| CMCSA Comcast Corp. Class A | 0.31% | 40,873,883 | $1.8B | Reduce -6.1% |
| GE General Electric | 0.30% | 9,939,874 | $1.7B | Reduce -5.0% |
| VZ Verizon Communications Inc. | 0.30% | 40,798,129 | $1.7B | Reduce -3.4% |
| AMGN Amgen Inc. | 0.30% | 6,016,634 | $1.7B | Reduce -6.2% |
| EFA iShares MSCI Eafe ETF | 0.29% | 21,144,396 | $1.7B | Reduce -1.1% |
| TXN Texas Instruments Inc. | 0.29% | 9,680,334 | $1.7B | Reduce -5.0% |
| LOW Lowe's Cos Inc. | 0.28% | 6,471,253 | $1.6B | Reduce -4.2% |
| NFRA NT GLBL BRD Infra ETF | 0.28% | 29,494,347 | $1.6B | Reduce -0.4% |
| PFE Pfizer Inc. | 0.28% | 57,734,824 | $1.6B | Reduce -3.5% |
| UNP Union Pacific Corp. | 0.26% | 6,141,811 | $1.5B | Reduce -4.0% |
| NOW ServiceNow Inc. | 0.26% | 1,980,066 | $1.5B | Reduce -5.3% |
| TDTT NT Iboxx 3Y Dur Tips ETF | 0.25% | 62,014,951 | $1.5B | Reduce -1.6% |
| IWF iShares Russell 1000 Growth | 0.25% | 4,369,151 | $1.5B | Add +4.0% |
| COP Conocophillips | 0.25% | 11,291,185 | $1.4B | Reduce -6.6% |
| AGG iShares Core U.S. Aggregate | 0.25% | 14,625,716 | $1.4B | Add +4.7% |
| AXP American Express Co. | 0.24% | 6,225,667 | $1.4B | Reduce -5.5% |
| ETN Eaton Corp. PLC | 0.24% | 4,533,281 | $1.4B | Reduce -5.3% |
| NEE Nextera Energy Inc. | 0.24% | 21,633,866 | $1.4B | Reduce -3.7% |
| LRCX Lam Research Corp. | 0.24% | 1,412,562 | $1.4B | Reduce -3.1% |
| NKE Nike Inc. Class B | 0.24% | 14,561,808 | $1.4B | Reduce -3.8% |
| ADP Automatic Data Processing | 0.23% | 5,434,411 | $1.4B | Reduce -3.9% |
| USHY iShares Broad Usd High Yield | 0.23% | 36,936,460 | $1.4B | Add +1.9% |
| UBER Uber Technologies Inc. | 0.23% | 17,391,114 | $1.3B | Reduce -0.2% |
| ISRG Intuitive Surgical Inc. | 0.23% | 3,266,404 | $1.3B | Reduce -4.3% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.22% | 12,644,507 | $1.3B | Reduce -3.6% |
| SBUX Starbucks Corp. | 0.22% | 13,839,235 | $1.3B | Reduce -5.8% |
| HON Honeywell International Inc. | 0.22% | 6,110,330 | $1.3B | Reduce -5.3% |
| GS Goldman Sachs Group Inc. | 0.22% | 2,997,417 | $1.3B | Reduce -6.2% |
| BMY Bristol-Myers Squibb Co. | 0.22% | 23,002,360 | $1.2B | Reduce -4.2% |
| SPGI S&P Global Inc. | 0.21% | 2,910,779 | $1.2B | Reduce -5.9% |
| PLD Prologis Inc. | 0.21% | 9,506,181 | $1.2B | Reduce -4.8% |
| BKNG Booking Holdings Inc. | 0.21% | 336,587 | $1.2B | Reduce -4.8% |
| BLK BlackRock Finance Inc. | 0.21% | 1,447,684 | $1.2B | Reduce -5.4% |
| T AT&T Inc. | 0.21% | 68,320,888 | $1.2B | Reduce -4.9% |
| RTX RTX Corp. | 0.20% | 12,158,735 | $1.2B | Reduce -9.8% |
| SYK Stryker Corp. | 0.20% | 3,273,044 | $1.2B | Reduce -3.9% |
| TILT NT Mstar US Ftilt ETF | 0.20% | 5,898,600 | $1.2B | Reduce -2.6% |
| C Citigroup Inc. | 0.20% | 18,486,838 | $1.2B | Reduce -4.1% |
| MU Micron Technology Inc. | 0.20% | 9,888,984 | $1.2B | Reduce -4.3% |
| PGR Progressive Corp. | 0.20% | 5,561,974 | $1.2B | Reduce -4.0% |
| ELV Elevance Health Inc. | 0.20% | 2,211,381 | $1.1B | Reduce -4.9% |
| PM Philip Morris International | 0.20% | 12,487,405 | $1.1B | Reduce -4.9% |
| DE Deere & Co. | 0.20% | 2,774,341 | $1.1B | Reduce -5.1% |
| IJH iShares Core S&P Midcap ETF | 0.20% | 18,641,795 | $1.1B | Add +2.4% |
| MRSH Marsh & McLennan Cos | 0.19% | 5,460,597 | $1.1B | Reduce -4.3% |
| MDLZ Mondelez International Inc. Class A | 0.19% | 15,891,699 | $1.1B | Reduce -5.2% |
| MS Morgan Stanley | 0.19% | 11,812,018 | $1.1B | Reduce -4.1% |
Other holdings (5): bonds, preferreds, convertibles and warrants · $102.9M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| AFFIRM HOLDINGS INC (AFRM 0 11/15/26) | NOTE 11/1 · principal | 469,000 | $38.8M | No change |
| SEA LTD (SEALTD 0.25 09/15/26) | NOTE 0.250% 9/1 · principal | 403,000 | $34.4M | No change |
| SNAP INC (SNAP 0 05/01/27) | NOTE 5/0 · principal | 363,000 | $29.3M | No change |
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | 8,573 | $369K | Reduce -1.1% |
| LGL.WS LGL Group Inc./the -CW25 | *W EXP 11/16/202 | 22,155 | $7K | No change |
Total filed on the 13F, all lines: $578.8B.
Portfolio Sells Q4 2023 → Q1 2024
| AAPL Apple Inc. | Reduce -4.9% | 4.57% | −1.08 |
| TSLA Tesla Inc. | Reduce -7.0% | 0.73% | −0.43 |
| ADBE Adobe Inc. | Reduce -4.8% | 0.42% | −0.13 |
| UNH Unitedhealth Group Inc. | Reduce -3.8% | 0.79% | −0.12 |
| GUNR NT Mstar GLBL NR ETF | Reduce -7.5% | 0.77% | −0.10 |
| INTC Intel Corp. | Reduce -3.9% | 0.33% | −0.08 |
| BA The Boeing Co. | Reduce -3.1% | 0.16% | −0.07 |
| MCD McDonald's Corp. | Reduce -4.4% | 0.42% | −0.06 |
| NKE Nike Inc. Class B | Reduce -3.8% | 0.24% | −0.06 |
| JNJ Johnson & Johnson | Reduce -3.7% | 0.78% | −0.06 |
| ACN Accenture PLC Class A | Reduce -3.3% | 0.46% | −0.04 |
| CSCO Cisco Systems Inc. | Reduce -4.5% | 0.40% | −0.04 |
| ZTS Zoetis Inc. | Reduce -0.8% | 0.17% | −0.04 |
| CMCSA Comcast Corp. Class A | Reduce -6.1% | 0.31% | −0.04 |
| AMGN Amgen Inc. | Reduce -6.2% | 0.30% | −0.04 |
| GILD Gilead Sciences Inc. | Reduce -5.7% | 0.17% | −0.04 |
| SBUX Starbucks Corp. | Reduce -5.8% | 0.22% | −0.04 |
| ADM Archer-Daniels-Midland Co. | Reduce -5.3% | 0.13% | −0.04 |
| PFE Pfizer Inc. | Reduce -3.5% | 0.28% | −0.03 |
| HUM Humana Inc. | Reduce -7.5% | 0.07% | −0.03 |
| APD Air Products & Chemicals Inc. | Reduce -2.9% | 0.15% | −0.03 |
| AMT American Tower Corp. | Reduce -3.4% | 0.18% | −0.03 |
| SPGI S&P Global Inc. | Reduce -5.9% | 0.21% | −0.03 |
| SPLK Splunk Inc. | Sold out | 0.00% | −0.03 |
| UPS United Parcel Service Class B | Reduce -3.8% | 0.19% | −0.03 |
| HON Honeywell International Inc. | Reduce -5.3% | 0.22% | −0.03 |
| LULU Lululemon Athletica Inc. | Reduce -2.8% | 0.07% | −0.03 |
| MDLZ Mondelez International Inc. Class A | Reduce -5.2% | 0.19% | −0.03 |
| PEP Pepsico Inc. | Reduce -3.9% | 0.47% | −0.03 |
| PLD Prologis Inc. | Reduce -4.8% | 0.21% | −0.03 |
| PM Philip Morris International | Reduce -4.9% | 0.20% | −0.03 |
| UNP Union Pacific Corp. | Reduce -4.0% | 0.26% | −0.02 |
| ODFL Old Dominion Freight Line | Reduce -36.9% | 0.04% | −0.02 |
| CHTR Charter Communications Inc. Class A | Reduce -5.3% | 0.05% | −0.02 |
| TXN Texas Instruments Inc. | Reduce -5.0% | 0.29% | −0.02 |
| CVX Chevron Corp. | Reduce -4.8% | 0.57% | −0.02 |
| ADI Analog Devices Inc. | Reduce -6.1% | 0.19% | −0.02 |
| NEM Newmont Corp. | Reduce -6.6% | 0.08% | −0.02 |
| KO The Coca-Cola Co. | Reduce -3.7% | 0.44% | −0.02 |
| LMT Lockheed Martin Corp. | Reduce -6.8% | 0.17% | −0.02 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Reduce -19.9% | 0.06% | −0.02 |
| VFC VF Corp. | Reduce -2.0% | 0.06% | −0.02 |
| BIIB Biogen Inc. | Reduce -7.1% | 0.05% | −0.02 |
| PANW Palo Alto Networks Inc. | Reduce -2.2% | 0.16% | −0.02 |
| ABT Abbott Laboratories | Reduce -2.8% | 0.41% | −0.02 |
| CVS CVS Health Corp. | Reduce -5.7% | 0.18% | −0.02 |
| SNOW Snowflake Inc. | Reduce -3.0% | 0.05% | −0.02 |
| BLK BlackRock Finance Inc. | Reduce -5.4% | 0.21% | −0.02 |
| BKNG Booking Holdings Inc. | Reduce -4.8% | 0.21% | −0.02 |
| MS Morgan Stanley | Reduce -4.1% | 0.19% | −0.02 |
Portfolio Buys Q4 2023 → Q1 2024
| SMCI Super Micro Computer Inc. | Add +3.0% | 0.12% | +0.08 |
| IVV iShares Core S&P 500 ETF | Add +8.8% | 0.45% | +0.06 |
| MSTR Strategy Inc. | Add +16.9% | 0.04% | +0.03 |
| ITW Illinois Tool Works | Add +7.0% | 0.61% | +0.03 |
| IWF iShares Russell 1000 Growth | Add +4.0% | 0.25% | +0.02 |
| VOO Vanguard S&P 500 ETF | Add +70.3% | 0.05% | +0.02 |
| BSV Vanguard Short-Term Bond ETF | Add +19.1% | 0.14% | +0.02 |
| IBOC International Bancshares CRP | Add +185.7% | 0.02% | +0.01 |
| NU Nu Holdings Ltd./Cayman Isl-A | Add +74.0% | 0.03% | +0.01 |
| WSM Williams-Sonoma Inc. | Add +0.0% | 0.04% | +0.01 |
| COIN Coinbase Global Inc. Class A | Add +3.6% | 0.04% | +0.01 |
| EMXC iShares MSCI Emr MRK Ex Chna | Add +27.8% | 0.07% | +0.01 |
| ESGU iShares ESG Aware MSCI USA | Add +16.8% | 0.07% | +0.01 |
| IJH iShares Core S&P Midcap ETF | Add +2.4% | 0.20% | +0.01 |
| DELL Dell Technologies -C | Add +20.0% | 0.03% | +0.01 |
| VEA Vanguard Ftse Developed ETF | Add +3.3% | 0.34% | +0.01 |
| VKTX Viking Therapeutics Inc. | Add +4.0% | 0.01% | +0.01 |
| IGSB iShares 1-5Y Inv Grade Corp. | Add +10.7% | 0.18% | +0.01 |
| DECK Deckers Outdoor Corp. | Add +0.5% | 0.04% | +0.01 |
| VGSH Vanguard Short-Term Treasury | Add +32.1% | 0.04% | +0.01 |
| ALTM Arcadium Lithium PLC | New | 0.01% | +0.01 |
| APP AppLovin Corp. Class A | Add +39.0% | 0.01% | +0.01 |
| P Everpure Inc. Class A | Add +33.1% | 0.02% | +0.01 |
| MNDY Monday.com Ltd. | Add +219.9% | 0.01% | +0.01 |
| NXT Nextpower Inc. | Add +145.1% | 0.01% | +0.01 |
| VTEB Vanguard Tax-Exempt Bond ETF | Add +12.2% | 0.12% | +0.01 |
| VWO Vanguard Ftse Emerging Marke | Add +7.1% | 0.17% | +0.01 |
| TM Toyota Motor Corp. -Spon ADR | Add +0.8% | 0.03% | +0.01 |
| SPOT Spotify Technology SA | Add +4.9% | 0.02% | +0.01 |
| ELF Elf Beauty Inc. | Add +6.7% | 0.02% | +0.01 |
| CVNA Carvana Co. | Add +2.5% | 0.01% | +0.01 |
| ESGD iShares Trust iShares ESG Aw | Add +10.8% | 0.05% | +0.01 |
| AXON Axon Enterprise Inc. | Add +2.6% | 0.03% | +0.01 |
| CRBG Corebridge Financial Inc. | Add +61.5% | 0.01% | +0.01 |
| DFAI Dimensional International Co. | Add +113.3% | 0.01% | +0.00 |
| ICLR Icon PLC | Add +1.1% | 0.04% | +0.00 |
| CNM Core & Main Inc. Class A | Add +15.9% | 0.01% | +0.00 |
| IGIB iShares 5-10Y Inv Grade Corp. | Add +12.3% | 0.07% | +0.00 |
| BND Vanguard Total Bond Market | Add +1232.7% | 0.00% | +0.00 |
| PR Permian Resources Corp. Class A | Add +2.3% | 0.02% | +0.00 |
| CLSK Cleanspark Inc. | Add +25.9% | 0.01% | +0.00 |
| RAVI NT Ultrashrt Fi ETF | Add +6.4% | 0.17% | +0.00 |
| ATMU Atmus Filtration Technologie | Add +405.6% | 0.00% | +0.00 |
| INDA iShares MSCI India ETF | Add +6.0% | 0.05% | +0.00 |
| CP Canadian Pacific Kansas City | Add +1.4% | 0.04% | +0.00 |
| DFUV Dimensional US Marketwide Va | Add +2.6% | 0.04% | +0.00 |
| APGE Apogee Therapeutics Inc. | Add +83.4% | 0.00% | +0.00 |
| ARES Ares Management Corp. Class A | Add +7.3% | 0.02% | +0.00 |
| XLE SS Energy Select Sector | Add +4.5% | 0.02% | +0.00 |
| AL Sumisho Air Lease Corp. | Add +10.6% | 0.01% | +0.00 |
Notes & Other Activity Q4 2023 → Q1 2024
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Sold out | 607 | $732Kbefore exit |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Sold out | 425 | $508Kbefore exit |
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | Reduce -1.1% | 8,573 | $369K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 4,440 | $859.8B | NVDA, AAPL, MSFT, GOOGL, AMZN |
| Q1 2026 | 4,396 | $756.6B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q4 2025 | 4,449 | $784.4B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q3 2025 | 4,422 | $781.7B | NVDA, MSFT, AAPL, AMZN, META |
| Q2 2025 | 4,399 | $727.1B | NVDA, MSFT, AAPL, AMZN, META |
| Q1 2025 | 4,417 | $673.5B | AAPL, MSFT, NVDA, AMZN, META |
| Q4 2024 | 4,441 | $706.2B | AAPL, NVDA, MSFT, AMZN, META |
| Q3 2024 | 4,405 | $610.7B | AAPL, MSFT, NVDA, AMZN, META |
| Q2 2024 | 4,404 | $593.3B | MSFT, AAPL, NVDA, AMZN, GOOGL |
| Q1 2024 | 4,418 | $578.7B | MSFT, AAPL, NVDA, AMZN, META |