Northern Trust Corp.
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Northern Trust Corp. reported 4,441 stock positions worth $706.2 billion. Its top holding was Apple (AAPL) at 6.1% of the portfolio, followed by Nvidia (NVDA, 5.1%) and Microsoft (MSFT, 5.0%). Compared with Q3 2024, it opened 145 new positions, sold out of 111, added to 3,518 and reduced 532. The biggest buy was Tesla (TSLA, shares +22%) and the biggest sale NT Mstar GLBL NR ETF (GUNR, shares −9%).
- Most Recent 13F
- Q2 2026
- Location
- CHICAGO, IL
- CIK
- 0000073124
- Portfolio Value
- $706.2B (Q4 2024)
- SEC Filing
- 0001256484-25-000011 ↗ filed Feb 14, 2025
Holdings Value
Holdings 4,441 stocks · $706.2B
| AAPL Apple Inc. | 6.08% | 171,385,531 | $42.9B | Add +13.3% |
| NVDA Nvidia Corp. | 5.07% | 266,454,194 | $35.8B | Add +15.8% |
| MSFT Microsoft Corp. | 5.00% | 83,787,746 | $35.3B | Add +16.1% |
| AMZN Amazon.com Inc. | 3.02% | 97,076,276 | $21.3B | Add +14.0% |
| META Meta Platforms Inc. Class A | 1.94% | 23,445,565 | $13.7B | Add +13.5% |
| GOOGL Alphabet Inc. Class A | 1.87% | 69,616,854 | $13.2B | Add +17.0% |
| TSLA Tesla Inc. | 1.63% | 28,579,615 | $11.5B | Add +21.6% |
| AVGO Broadcom Inc. | 1.61% | 49,087,351 | $11.4B | Add +12.0% |
| GOOG Alphabet Inc. Class C | 1.54% | 57,098,042 | $10.9B | Add +16.1% |
| JPM JPMorgan Chase & Co. | 1.15% | 33,845,676 | $8.1B | Add +15.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.12% | 13,483,741 | $7.9B | Add +0.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.06% | 16,467,585 | $7.5B | Add +7.5% |
| LLY Eli Lilly & Co. | 1.03% | 9,448,219 | $7.3B | Add +14.6% |
| V Visa Inc. Class A | 0.82% | 18,260,714 | $5.8B | Add +18.0% |
| XOM Exxon Mobil Corp. | 0.70% | 46,017,358 | $5.0B | Add +7.0% |
| PG The Procter & Gamble Co. | 0.70% | 29,395,208 | $4.9B | Add +10.1% |
| MA Mastercard Inc. Class A | 0.68% | 9,149,181 | $4.8B | Add +15.2% |
| COST Costco Wholesale Corp. | 0.68% | 5,257,809 | $4.8B | Add +12.6% |
| UNH Unitedhealth Group Inc. | 0.68% | 9,503,671 | $4.8B | Add +12.5% |
| HD Home Depot Inc. | 0.67% | 12,149,890 | $4.7B | Add +13.3% |
| JNJ Johnson & Johnson | 0.63% | 30,813,175 | $4.5B | Add +12.3% |
| NFLX Netflix Inc. | 0.58% | 4,574,006 | $4.1B | Add +14.3% |
| WMT Walmart Inc. | 0.56% | 43,641,936 | $3.9B | Add +8.8% |
| IVV iShares Core S&P 500 ETF | 0.56% | 6,695,007 | $3.9B | Add +13.2% |
| ABBV Abbvie Inc. | 0.55% | 21,824,626 | $3.9B | Add +11.8% |
| CRM Salesforce Inc. | 0.53% | 11,224,927 | $3.8B | Add +18.3% |
| ITW Illinois Tool Works | 0.49% | 13,667,653 | $3.5B | Add +3.9% |
| ORCL Oracle Corp. | 0.46% | 19,620,534 | $3.3B | Add +12.5% |
| MRK Merck & Co. Inc. | 0.44% | 31,377,107 | $3.1B | Add +16.8% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.42% | 67,935,940 | $3.0B | Add +17.2% |
| CVX Chevron Corp. | 0.42% | 20,471,800 | $3.0B | Add +7.3% |
| GUNR NT Mstar GLBL NR ETF | 0.42% | 80,934,804 | $2.9B | Reduce -9.1% |
| CSCO Cisco Systems Inc. | 0.40% | 47,238,258 | $2.8B | Add +11.4% |
| KO The Coca-Cola Co. | 0.39% | 43,802,296 | $2.7B | Add +9.5% |
| VTI VG Morningstar TS MKT ETF-US | 0.39% | 9,385,520 | $2.7B | Reduce -1.5% |
| ACN Accenture PLC Class A | 0.38% | 7,582,344 | $2.7B | Add +10.7% |
| MCD McDonald's Corp. | 0.36% | 8,867,193 | $2.6B | Add +11.2% |
| ABT Abbott Laboratories | 0.35% | 22,056,860 | $2.5B | Add +10.3% |
| PEP Pepsico Inc. | 0.35% | 16,403,395 | $2.5B | Add +8.7% |
| CAT Caterpillar Inc. | 0.35% | 6,847,330 | $2.5B | Add +11.8% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.35% | 22,242,415 | $2.5B | Add +10.4% |
| WFC Wells Fargo & Co. | 0.34% | 34,339,295 | $2.4B | Add +10.7% |
| NOW ServiceNow Inc. | 0.34% | 2,259,591 | $2.4B | Add +15.9% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.34% | 10,845,993 | $2.4B | Add +18.6% |
| ADBE Adobe Inc. | 0.33% | 5,314,215 | $2.4B | Add +14.5% |
| INTU Intuit Inc. | 0.30% | 3,371,013 | $2.1B | Add +17.3% |
| AMD Advanced Micro Devices | 0.29% | 17,155,522 | $2.1B | Add +20.1% |
| LIN Linde PLC | 0.29% | 4,925,322 | $2.1B | Add +11.3% |
| QCOM Qualcomm Inc. | 0.29% | 13,289,513 | $2.0B | Add +12.7% |
| TMO Thermo Fisher Scientific Inc. | 0.29% | 3,910,015 | $2.0B | Add +13.2% |
| AXP American Express Co. | 0.29% | 6,825,135 | $2.0B | Add +16.3% |
| VEA Vanguard Ftse Developed ETF | 0.28% | 41,174,854 | $2.0B | Reduce -0.9% |
| IWF iShares Russell 1000 Growth | 0.28% | 4,901,211 | $2.0B | Add +4.3% |
| TXN Texas Instruments Inc. | 0.28% | 10,398,010 | $1.9B | Add +12.2% |
| ISRG Intuitive Surgical Inc. | 0.27% | 3,619,293 | $1.9B | Add +15.8% |
| GS Goldman Sachs Group Inc. | 0.27% | 3,292,679 | $1.9B | Add +15.0% |
| VWO Vanguard Ftse Emerging Marke | 0.26% | 41,809,891 | $1.8B | Add +64.6% |
| BKNG Booking Holdings Inc. | 0.26% | 368,628 | $1.8B | Add +18.8% |
| DHR Danaher Corp. | 0.26% | 7,934,991 | $1.8B | Add +14.3% |
| ADP Automatic Data Processing | 0.26% | 6,174,419 | $1.8B | Add +17.1% |
| VZ Verizon Communications Inc. | 0.26% | 45,043,310 | $1.8B | Add +12.3% |
| T AT&T Inc. | 0.25% | 78,148,354 | $1.8B | Add +16.3% |
| LOW Lowe's Cos Inc. | 0.25% | 7,074,391 | $1.7B | Add +16.3% |
| NFRA NT GLBL BRD Infra ETF | 0.24% | 31,282,775 | $1.7B | Add +1.1% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.24% | 13,985,826 | $1.7B | Add +15.2% |
| MS Morgan Stanley | 0.24% | 13,403,197 | $1.7B | Add +20.0% |
| AMGN Amgen Inc. | 0.24% | 6,431,029 | $1.7B | Add +15.8% |
| GE General Electric filed as GE AEROSPACE | 0.24% | 10,046,867 | $1.7B | Add +5.8% |
| AMAT Applied Materials Inc. | 0.24% | 10,230,464 | $1.7B | Add +18.6% |
| NEE Nextera Energy Inc. | 0.23% | 23,090,426 | $1.7B | Add +9.6% |
| PM Philip Morris International | 0.23% | 13,630,177 | $1.6B | Add +11.0% |
| BLK BlackRock Inc. | 0.23% | 1,591,716 | $1.6B | Add +20.6% |
| SPGI S&P Global Inc. | 0.23% | 3,276,043 | $1.6B | Add +19.1% |
| TDTT NT Iboxx 3Y Dur Tips ETF | 0.23% | 68,508,836 | $1.6B | Add +16.3% |
| CMCSA Comcast Corp. Class A | 0.23% | 42,479,501 | $1.6B | Add +12.8% |
| UNP Union Pacific Corp. | 0.22% | 6,962,650 | $1.6B | Add +15.2% |
| EFA iShares MSCI Eafe ETF | 0.22% | 20,769,541 | $1.6B | Reduce -0.9% |
| USHY iShares Broad Usd High Yield | 0.22% | 42,313,571 | $1.6B | Add +8.8% |
| PFE Pfizer Inc. | 0.22% | 58,382,560 | $1.5B | Add +7.7% |
| ETN Eaton Corp. PLC | 0.21% | 4,574,704 | $1.5B | Add +8.8% |
| RTX RTX Corp. | 0.21% | 12,912,698 | $1.5B | Add +8.4% |
| PGR Progressive Corp. | 0.21% | 6,179,529 | $1.5B | Add +13.0% |
| PLTR Palantir Technologies Inc. Class A | 0.21% | 19,488,465 | $1.5B | Add +20.4% |
| PLD Prologis Inc. | 0.21% | 13,855,339 | $1.5B | Add +54.6% |
| AGG iShares Core U.S. Aggregate | 0.20% | 14,764,305 | $1.4B | Reduce -1.1% |
| PANW Palo Alto Networks Inc. | 0.20% | 7,842,647 | $1.4B | Add +16.9% |
| C Citigroup Inc. | 0.20% | 20,232,550 | $1.4B | Add +13.9% |
| HON Honeywell International Inc. | 0.20% | 6,253,570 | $1.4B | Add +5.7% |
| EQIX Equinix Inc. | 0.20% | 1,483,781 | $1.4B | Add +65.3% |
| BMY Bristol-Myers Squibb Co. | 0.20% | 24,658,360 | $1.4B | Add +16.2% |
| GILD Gilead Sciences Inc. | 0.20% | 14,915,095 | $1.4B | Add +19.7% |
| COP Conocophillips | 0.19% | 13,757,835 | $1.4B | Add +27.6% |
| IJH iShares Core S&P Midcap ETF | 0.19% | 21,282,901 | $1.3B | Add +5.4% |
| TILT NT Mstar US Ftilt ETF | 0.18% | 6,048,527 | $1.3B | Reduce -0.1% |
| BSX Boston Scientific Corp. | 0.18% | 14,595,627 | $1.3B | Add +18.0% |
| SYK Stryker Corp. | 0.18% | 3,606,237 | $1.3B | Add +13.2% |
| FISV Fiserv Inc. | 0.18% | 6,206,720 | $1.3B | Add +19.5% |
| MRSH Marsh & McLennan Cos | 0.18% | 5,934,340 | $1.3B | Add +13.9% |
| SBUX Starbucks Corp. | 0.18% | 13,573,337 | $1.2B | Add +4.6% |
| DE Deere & Co. | 0.17% | 2,915,729 | $1.2B | Add +12.8% |
Portfolio Sells Q3 2024 → Q4 2024
| GUNR NT Mstar GLBL NR ETF | Reduce -9.1% | 0.42% | −0.18 |
| VEA Vanguard Ftse Developed ETF | Reduce -0.9% | 0.28% | −0.08 |
| EFA iShares MSCI Eafe ETF | Reduce -0.9% | 0.22% | −0.06 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -1.5% | 0.39% | −0.06 |
| AGG iShares Core U.S. Aggregate | Reduce -1.1% | 0.20% | −0.05 |
| VEU Vanguard Ftse All-World Ex-U | Reduce -0.9% | 0.13% | −0.04 |
| GNR State Street SPDR S&P Global | Reduce -1.6% | 0.10% | −0.04 |
| HYGV NT HY Val-SCRD BD ETF | Reduce -3.2% | 0.14% | −0.03 |
| NUE Nucor Corp. | Reduce -4.3% | 0.06% | −0.03 |
| MRO Marathon Oil Corp. | Sold out | 0.00% | −0.03 |
| TILT NT Mstar US Ftilt ETF | Reduce -0.1% | 0.18% | −0.03 |
| QDF NT Qual Div ETF | Reduce -1.8% | 0.12% | −0.02 |
| EMXC iShares MSCI Emr MRK Ex Chna | Reduce -9.7% | 0.05% | −0.02 |
| SMCI Super Micro Computer Inc. | Sold out | 0.00% | −0.02 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Reduce -9.1% | 0.05% | −0.02 |
| IWB iShares Russell 1000 ETF | Reduce -0.9% | 0.12% | −0.02 |
| CTLT Catalent Inc. | Sold out | 0.00% | −0.02 |
| IQDF NT Intl Qual Div ETF | Reduce -0.3% | 0.04% | −0.01 |
| TLTD NT Dev Exus Ftilt ETF | Reduce -4.2% | 0.04% | −0.01 |
| DVY iShares Select Dividend ETF | Reduce -2.0% | 0.05% | −0.01 |
| VMC Vulcan Materials Co. | Reduce -0.4% | 0.08% | −0.01 |
| ICLR Icon PLC | Reduce -11.4% | 0.01% | −0.01 |
| FLOT iShares Floating Rate Bond E | Reduce -10.3% | 0.03% | −0.01 |
| SWN Southwestern Energy Co. | Sold out | 0.00% | −0.01 |
| DFIV Dimensional International Va | Reduce -0.5% | 0.03% | −0.01 |
| RACE Ferrari NV | Reduce -9.8% | 0.02% | −0.01 |
| VFC VF Corp. | Reduce -5.0% | 0.06% | −0.01 |
| SRCL Stericycle Inc. | Sold out | 0.00% | −0.01 |
| TLTE NT Emg MKTS Ftilt ETF | Reduce -0.0% | 0.02% | −0.01 |
| QRVO Qorvo Inc. | Reduce -6.0% | 0.01% | −0.01 |
| SMG Scotts Miracle-Gro Co. | Reduce -0.2% | 0.01% | −0.01 |
| CPNG Coupang Inc. | Reduce -5.4% | 0.02% | −0.01 |
| ENV Envestnet Inc. | Sold out | 0.00% | −0.01 |
| EWT iShares MSCI Taiwan ETF | Reduce -8.3% | 0.02% | −0.01 |
| DFAI Dimensional International Co. | Reduce -9.1% | 0.02% | −0.01 |
| CF CF Industries Holdings Inc. | Reduce -1.2% | 0.03% | −0.01 |
| QDEF NT Qual Div Def ETF | Reduce -0.3% | 0.03% | −0.01 |
| BRK.A Berkshire Hathaway Inc. Class A | Reduce -3.9% | 0.03% | −0.01 |
| AXONICS INC | Sold out | 0.00% | −0.01 |
| PRFT Perficient Inc. | Sold out | 0.00% | −0.00 |
| EQC Equity Commonwealth | Reduce -61.4% | 0.00% | −0.00 |
| CPB The Campbell's Company | Reduce -2.3% | 0.01% | −0.00 |
| QLC NT US Qual LC ETF | Reduce -0.3% | 0.03% | −0.00 |
| XLV SS Health Care Select Sector | Reduce -5.8% | 0.01% | −0.00 |
| SQSP Squarespace Inc. Class A | Sold out | 0.00% | −0.00 |
| VT Vanguard Tot World STK ETF | Reduce -2.9% | 0.02% | −0.00 |
| RUN Sunrun Inc. | Reduce -0.2% | 0.00% | −0.00 |
| NEOG Neogen Corp. | Reduce -1.3% | 0.01% | −0.00 |
| UWMC Uwm Holdings Corp. | Reduce -30.7% | 0.00% | −0.00 |
| VGR Vector Group Ltd. | Sold out | 0.00% | −0.00 |
Portfolio Buys Q3 2024 → Q4 2024
| TSLA Tesla Inc. | Add +21.6% | 1.63% | +0.63 |
| NVDA Nvidia Corp. | Add +15.8% | 5.07% | +0.49 |
| AMZN Amazon.com Inc. | Add +14.0% | 3.02% | +0.42 |
| AVGO Broadcom Inc. | Add +12.0% | 1.61% | +0.37 |
| AAPL Apple Inc. | Add +13.3% | 6.08% | +0.30 |
| GOOGL Alphabet Inc. Class A | Add +17.0% | 1.87% | +0.25 |
| GOOG Alphabet Inc. Class C | Add +16.1% | 1.54% | +0.19 |
| JPM JPMorgan Chase & Co. | Add +15.4% | 1.15% | +0.14 |
| V Visa Inc. Class A | Add +18.0% | 0.82% | +0.12 |
| NFLX Netflix Inc. | Add +14.3% | 0.58% | +0.11 |
| PLTR Palantir Technologies Inc. Class A | Add +20.4% | 0.21% | +0.11 |
| CRM Salesforce Inc. | Add +18.3% | 0.53% | +0.11 |
| EQIX Equinix Inc. | Add +65.3% | 0.20% | +0.07 |
| VWO Vanguard Ftse Emerging Marke | Add +64.6% | 0.26% | +0.06 |
| WFC Wells Fargo & Co. | Add +10.7% | 0.34% | +0.05 |
| NOW ServiceNow Inc. | Add +15.9% | 0.34% | +0.05 |
| TSM Taiwan Semiconductor-SP ADR | Add +45.2% | 0.17% | +0.05 |
| SPOT Spotify Technology SA | Add +103.7% | 0.09% | +0.05 |
| MS Morgan Stanley | Add +20.0% | 0.24% | +0.05 |
| BAC Bank of America Corp. | Add +17.2% | 0.42% | +0.05 |
| BKNG Booking Holdings Inc. | Add +18.8% | 0.26% | +0.05 |
| APO Apollo Global Management Inc. | Add +50.0% | 0.10% | +0.04 |
| DLR Digital Realty Trust Inc. | Add +57.5% | 0.13% | +0.04 |
| BA The Boeing Co. | Add +33.5% | 0.16% | +0.04 |
| APP AppLovin Corp. Class A | Add +3.5% | 0.07% | +0.04 |
| MA Mastercard Inc. Class A | Add +15.2% | 0.68% | +0.04 |
| MRVL Marvell Technology Inc. | Add +26.7% | 0.10% | +0.04 |
| WELL Welltower Inc. | Add +53.5% | 0.15% | +0.04 |
| GS Goldman Sachs Group Inc. | Add +15.0% | 0.27% | +0.03 |
| DIS The Walt Disney Co. | Add +10.4% | 0.35% | +0.03 |
| SPG Simon Property Group Inc. | Add +45.9% | 0.13% | +0.03 |
| WMT Walmart Inc. | Add +8.8% | 0.56% | +0.03 |
| FISV Fiserv Inc. | Add +19.5% | 0.18% | +0.03 |
| GEV GE Vernova Inc. | Add +15.0% | 0.12% | +0.03 |
| CSCO Cisco Systems Inc. | Add +11.4% | 0.40% | +0.03 |
| AXP American Express Co. | Add +16.3% | 0.29% | +0.03 |
| BLK BlackRock Inc. | Add +20.6% | 0.23% | +0.03 |
| GILD Gilead Sciences Inc. | Add +19.7% | 0.20% | +0.02 |
| WDAY Workday Inc. Class A | Add +51.2% | 0.08% | +0.02 |
| COF Capital One Financial Corp. | Add +21.8% | 0.11% | +0.02 |
| SAP Sap SE-Sponsored ADR | Add +91.2% | 0.05% | +0.02 |
| PLD Prologis Inc. | Add +54.6% | 0.21% | +0.02 |
| AXON Axon Enterprise Inc. | Add +19.8% | 0.06% | +0.02 |
| SMCI Super Micro Computer Inc. | New | 0.02% | +0.02 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +16.6% | 0.11% | +0.02 |
| MSTR Strategy Inc. | Add +24.4% | 0.04% | +0.02 |
| C Citigroup Inc. | Add +13.9% | 0.20% | +0.02 |
| AVB Avalonbay Communities Inc. | Add +54.8% | 0.08% | +0.02 |
| PDD PDD Holdings Inc. | Add +182.8% | 0.04% | +0.02 |
| ANET Arista Networks Inc. | Add +13.6% | 0.16% | +0.02 |
Notes & Other Activity Q3 2024 → Q4 2024
| AFFIRM HOLDINGS INC (AFRM 0 11/15/26) | NOTE 11/1 · principal | Sold out | 469,000 | $41.5Mbefore exit |
| SNAP INC (SNAP 0 05/01/27) | NOTE 5/0 · principal | Sold out | 363,000 | $31.0Mbefore exit |
| SEA LTD (SEALTD 0.25 09/15/26) | NOTE 0.250% 9/1 · principal | Sold out | 403,000 | $364Kbefore exit |
| GUARDANT HEALTH INC (GH 0 11/15/27) | NOTE 11/1 · principal | Sold out | 329,000 | $263Kbefore exit |
| SEAPORT ENTERTAINMENT GR-RTS | RIGHT 10/10/2024 | Sold out | 14,019 | $41Kbefore exit |
| ADVENT CONVERTIBLE AND INCOM | RIGHT 10/17/2024 | Sold out | 10,878 | $216before exit |
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 |