Northern Trust Corp.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 13, 2025), Northern Trust Corp. reported 4,417 stock positions worth $673.5 billion. Its top holding was Apple (AAPL) at 5.6% of the portfolio, followed by Microsoft (MSFT, 4.6%) and Nvidia (NVDA, 4.2%). Compared with Q4 2024, it opened 131 new positions, sold out of 157, added to 1,585 and reduced 2,462. The biggest buy was Visa Class A (V, shares +4%) and the biggest sale Nvidia (NVDA, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- CHICAGO, IL
- CIK
- 0000073124
- Portfolio Value
- $673.5B (Q1 2025)
- SEC Filing
- 0001256484-25-000024 ↗ filed May 13, 2025
Holdings Value
Holdings 4,417 stocks · $673.5B
| AAPL Apple Inc. | 5.56% | 168,434,764 | $37.4B | Reduce -1.7% |
| MSFT Microsoft Corp. | 4.60% | 82,539,834 | $31.0B | Reduce -1.5% |
| NVDA Nvidia Corp. | 4.23% | 263,027,905 | $28.5B | Reduce -1.3% |
| AMZN Amazon.com Inc. | 2.75% | 97,379,134 | $18.5B | Add +0.3% |
| META Meta Platforms Inc. Class A | 1.97% | 23,020,594 | $13.3B | Reduce -1.8% |
| GOOGL Alphabet Inc. Class A | 1.56% | 68,019,033 | $10.5B | Reduce -2.3% |
| GOOG Alphabet Inc. Class C | 1.28% | 55,347,459 | $8.6B | Reduce -3.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.28% | 16,198,444 | $8.6B | Reduce -1.6% |
| JPM JPMorgan Chase & Co. | 1.21% | 33,118,098 | $8.1B | Reduce -2.1% |
| AVGO Broadcom Inc. | 1.20% | 48,323,933 | $8.1B | Reduce -1.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.17% | 14,117,911 | $7.9B | Add +4.7% |
| LLY Eli Lilly & Co. | 1.12% | 9,173,478 | $7.6B | Reduce -2.9% |
| TSLA Tesla Inc. | 1.06% | 27,587,612 | $7.1B | Reduce -3.5% |
| V Visa Inc. Class A | 0.99% | 18,987,013 | $6.7B | Add +4.0% |
| XOM Exxon Mobil Corp. | 0.79% | 45,003,295 | $5.4B | Reduce -2.2% |
| JNJ Johnson & Johnson | 0.76% | 30,943,820 | $5.1B | Add +0.4% |
| PG The Procter & Gamble Co. | 0.75% | 29,644,000 | $5.1B | Add +0.8% |
| MA Mastercard Inc. Class A | 0.74% | 9,069,956 | $5.0B | Reduce -0.9% |
| UNH Unitedhealth Group Inc. | 0.73% | 9,332,544 | $4.9B | Reduce -1.8% |
| COST Costco Wholesale Corp. | 0.72% | 5,109,095 | $4.8B | Reduce -2.8% |
| ABBV Abbvie Inc. | 0.68% | 22,013,920 | $4.6B | Add +0.9% |
| IVV iShares Core S&P 500 ETF | 0.67% | 8,013,004 | $4.5B | Add +19.7% |
| HD Home Depot Inc. | 0.64% | 11,851,926 | $4.3B | Reduce -2.5% |
| NFLX Netflix Inc. | 0.63% | 4,524,402 | $4.2B | Reduce -1.1% |
| WMT Walmart Inc. | 0.56% | 43,100,763 | $3.8B | Reduce -1.2% |
| CVX Chevron Corp. | 0.51% | 20,494,881 | $3.4B | Add +0.1% |
| ITW Illinois Tool Works | 0.45% | 12,153,970 | $3.0B | Reduce -11.1% |
| KO The Coca-Cola Co. | 0.45% | 41,942,260 | $3.0B | Reduce -4.3% |
| CRM Salesforce Inc. | 0.44% | 10,955,876 | $2.9B | Reduce -2.4% |
| CSCO Cisco Systems Inc. | 0.43% | 47,055,492 | $2.9B | Reduce -0.4% |
| GUNR NT Mstar GLBL NR ETF | 0.43% | 74,428,104 | $2.9B | Reduce -8.0% |
| ABT Abbott Laboratories | 0.42% | 21,327,367 | $2.8B | Reduce -3.3% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.42% | 67,275,490 | $2.8B | Reduce -1.0% |
| MCD McDonald's Corp. | 0.42% | 8,965,159 | $2.8B | Add +1.1% |
| ORCL Oracle Corp. | 0.41% | 19,741,423 | $2.8B | Add +0.6% |
| MRK Merck & Co. Inc. | 0.41% | 30,390,864 | $2.7B | Reduce -3.1% |
| VTI VG Morningstar TS MKT ETF-US | 0.40% | 9,763,667 | $2.7B | Add +4.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.40% | 10,779,526 | $2.7B | Reduce -0.6% |
| PEP Pepsico Inc. | 0.36% | 16,344,720 | $2.5B | Reduce -0.4% |
| WFC Wells Fargo & Co. | 0.36% | 33,808,775 | $2.4B | Reduce -1.5% |
| ACN Accenture PLC Class A | 0.35% | 7,587,791 | $2.4B | Add +0.1% |
| LIN Linde PLC | 0.34% | 4,860,441 | $2.3B | Reduce -1.3% |
| T AT&T Inc. | 0.33% | 77,727,741 | $2.2B | Reduce -0.5% |
| CAT Caterpillar Inc. | 0.32% | 6,597,679 | $2.2B | Reduce -3.6% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.32% | 22,038,747 | $2.2B | Reduce -0.9% |
| VEA Vanguard Ftse Developed ETF | 0.32% | 42,599,905 | $2.2B | Add +3.5% |
| PM Philip Morris International | 0.32% | 13,569,705 | $2.2B | Reduce -0.4% |
| VZ Verizon Communications Inc. | 0.31% | 45,475,099 | $2.1B | Add +1.0% |
| TDTT NT Iboxx 3Y Dur Tips ETF | 0.30% | 83,413,688 | $2.0B | Add +21.8% |
| QCOM Qualcomm Inc. | 0.30% | 13,226,504 | $2.0B | Reduce -0.5% |
| INTU Intuit Inc. | 0.30% | 3,290,058 | $2.0B | Reduce -2.4% |
| ADBE Adobe Inc. | 0.30% | 5,222,219 | $2.0B | Reduce -1.7% |
| GE General Electric filed as GE AEROSPACE | 0.30% | 9,974,113 | $2.0B | Reduce -0.7% |
| VWO Vanguard Ftse Emerging Marke | 0.29% | 43,520,365 | $2.0B | Add +4.1% |
| AMGN Amgen Inc. | 0.29% | 6,206,067 | $1.9B | Reduce -3.5% |
| TMO Thermo Fisher Scientific Inc. | 0.29% | 3,882,819 | $1.9B | Reduce -0.7% |
| TXN Texas Instruments Inc. | 0.28% | 10,493,990 | $1.9B | Add +0.9% |
| ADP Automatic Data Processing | 0.28% | 6,162,926 | $1.9B | Reduce -0.2% |
| IWF iShares Russell 1000 Growth | 0.27% | 5,109,809 | $1.8B | Add +4.3% |
| GS Goldman Sachs Group Inc. | 0.27% | 3,332,804 | $1.8B | Add +1.2% |
| ISRG Intuitive Surgical Inc. | 0.27% | 3,631,281 | $1.8B | Add +0.3% |
| AXP American Express Co. | 0.27% | 6,674,039 | $1.8B | Reduce -2.2% |
| NOW ServiceNow Inc. | 0.26% | 2,199,534 | $1.8B | Reduce -2.7% |
| PGR Progressive Corp. | 0.26% | 6,172,735 | $1.7B | Reduce -0.1% |
| NFRA NT GLBL BRD Infra ETF | 0.25% | 29,726,587 | $1.7B | Reduce -5.0% |
| BKNG Booking Holdings Inc. | 0.25% | 370,327 | $1.7B | Add +0.5% |
| RTX RTX Corp. | 0.25% | 12,836,515 | $1.7B | Reduce -0.6% |
| AMD Advanced Micro Devices | 0.25% | 16,484,474 | $1.7B | Reduce -3.9% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.25% | 13,903,736 | $1.7B | Reduce -0.6% |
| UNP Union Pacific Corp. | 0.25% | 7,105,382 | $1.7B | Add +2.0% |
| AGG iShares Core U.S. Aggregate | 0.25% | 16,884,474 | $1.7B | Add +14.4% |
| EFA iShares MSCI Eafe ETF | 0.25% | 20,314,523 | $1.7B | Reduce -2.2% |
| NEE Nextera Energy Inc. | 0.25% | 23,353,245 | $1.7B | Add +1.1% |
| SPGI S&P Global Inc. | 0.25% | 3,254,663 | $1.7B | Reduce -0.7% |
| PLTR Palantir Technologies Inc. Class A | 0.24% | 19,553,438 | $1.7B | Add +0.3% |
| GILD Gilead Sciences Inc. | 0.24% | 14,436,382 | $1.6B | Reduce -3.2% |
| LOW Lowe's Cos Inc. | 0.24% | 6,924,599 | $1.6B | Reduce -2.1% |
| MS Morgan Stanley | 0.24% | 13,807,153 | $1.6B | Add +3.0% |
| DHR Danaher Corp. | 0.24% | 7,762,739 | $1.6B | Reduce -2.2% |
| BMY Bristol-Myers Squibb Co. | 0.24% | 25,974,504 | $1.6B | Add +5.3% |
| PFE Pfizer Inc. | 0.23% | 62,325,957 | $1.6B | Add +6.8% |
| PLD Prologis Inc. | 0.23% | 13,784,633 | $1.5B | Reduce -0.5% |
| CMCSA Comcast Corp. Class A | 0.22% | 40,408,847 | $1.5B | Reduce -4.9% |
| BLK BlackRock Inc. | 0.22% | 1,567,266 | $1.5B | Reduce -1.5% |
| USHY iShares Broad Usd High Yield | 0.22% | 40,250,816 | $1.5B | Reduce -4.9% |
| C Citigroup Inc. | 0.22% | 20,427,563 | $1.5B | Add +1.0% |
| BSX Boston Scientific Corp. | 0.21% | 14,302,624 | $1.4B | Reduce -2.0% |
| MRSH Marsh & McLennan Cos | 0.21% | 5,893,411 | $1.4B | Reduce -0.7% |
| IGF iShares Global Infrastructur | 0.21% | 25,997,069 | $1.4B | Add +10.5% |
| AMAT Applied Materials Inc. | 0.21% | 9,764,419 | $1.4B | Reduce -4.6% |
| UBER Uber Technologies Inc. | 0.21% | 19,240,638 | $1.4B | Add +3.9% |
| FISV Fiserv Inc. | 0.20% | 6,215,409 | $1.4B | Add +0.1% |
| TMUS T-Mobile US Inc. | 0.20% | 5,127,886 | $1.4B | Reduce -3.7% |
| SCHW Schwab (charles) Corp. | 0.20% | 17,440,301 | $1.4B | Add +10.8% |
| DE Deere & Co. | 0.20% | 2,894,725 | $1.4B | Reduce -0.7% |
| IJH iShares Core S&P Midcap ETF | 0.20% | 22,885,189 | $1.3B | Add +7.5% |
| SBUX Starbucks Corp. | 0.20% | 13,578,956 | $1.3B | Add +0.0% |
| COP Conocophillips | 0.20% | 12,673,007 | $1.3B | Reduce -7.9% |
| PANW Palo Alto Networks Inc. | 0.20% | 7,731,260 | $1.3B | Reduce -1.4% |
| SYK Stryker Corp. | 0.20% | 3,543,451 | $1.3B | Reduce -1.7% |
Portfolio Sells Q4 2024 → Q1 2025
| NVDA Nvidia Corp. | Reduce -1.3% | 4.23% | −0.83 |
| TSLA Tesla Inc. | Reduce -3.5% | 1.06% | −0.57 |
| AAPL Apple Inc. | Reduce -1.7% | 5.56% | −0.52 |
| AVGO Broadcom Inc. | Reduce -1.6% | 1.20% | −0.41 |
| MSFT Microsoft Corp. | Reduce -1.5% | 4.60% | −0.40 |
| GOOGL Alphabet Inc. Class A | Reduce -2.3% | 1.56% | −0.30 |
| GOOG Alphabet Inc. Class C | Reduce -3.1% | 1.28% | −0.26 |
| CRM Salesforce Inc. | Reduce -2.4% | 0.44% | −0.09 |
| NOW ServiceNow Inc. | Reduce -2.7% | 0.26% | −0.08 |
| ITW Illinois Tool Works | Reduce -11.1% | 0.45% | −0.04 |
| AMD Advanced Micro Devices | Reduce -3.9% | 0.25% | −0.04 |
| MRVL Marvell Technology Inc. | Reduce -1.7% | 0.06% | −0.04 |
| ADBE Adobe Inc. | Reduce -1.7% | 0.30% | −0.04 |
| MRK Merck & Co. Inc. | Reduce -3.1% | 0.41% | −0.04 |
| ETN Eaton Corp. PLC | Reduce -0.6% | 0.18% | −0.03 |
| BX Blackstone Inc. | Reduce -2.3% | 0.14% | −0.03 |
| CAT Caterpillar Inc. | Reduce -3.6% | 0.32% | −0.03 |
| KKR KKR & Co. Inc. | Reduce -4.9% | 0.10% | −0.03 |
| DIS The Walt Disney Co. | Reduce -0.9% | 0.32% | −0.03 |
| PYPL PayPal Holdings Inc. | Reduce -1.9% | 0.10% | −0.03 |
| TTD Trade Desk Inc./the Class A | Reduce -2.2% | 0.02% | −0.03 |
| AMAT Applied Materials Inc. | Reduce -4.6% | 0.21% | −0.03 |
| HD Home Depot Inc. | Reduce -2.5% | 0.64% | −0.02 |
| DHR Danaher Corp. | Reduce -2.2% | 0.24% | −0.02 |
| NKE Nike Inc. Class B | Reduce -1.3% | 0.14% | −0.02 |
| TGT Target Corp. | Reduce -0.8% | 0.08% | −0.02 |
| AXP American Express Co. | Reduce -2.2% | 0.27% | −0.02 |
| APO Apollo Global Management Inc. | Reduce -7.5% | 0.08% | −0.02 |
| EIX Edison International | Reduce -10.4% | 0.05% | −0.02 |
| VRT Vertiv Holdings Co. Class A | Reduce -7.7% | 0.03% | −0.02 |
| CMG Chipotle Mexican Grill Inc. | Reduce -0.6% | 0.11% | −0.02 |
| CDNS Cadence Design SYS Inc. | Reduce -1.3% | 0.11% | −0.02 |
| LULU Lululemon Athletica Inc. | Reduce -1.9% | 0.05% | −0.01 |
| SRE Sempra | Reduce -0.9% | 0.08% | −0.01 |
| ILMN Illumina Inc. | Reduce -6.1% | 0.02% | −0.01 |
| DDOG Datadog Inc. Class A | Reduce -2.8% | 0.03% | −0.01 |
| REGN Regeneron Pharmaceuticals | Reduce -5.0% | 0.09% | −0.01 |
| ALTR Altair Engineering Inc. Class A | Sold out | 0.00% | −0.01 |
| MAR Marriott International Class A | Reduce -2.4% | 0.08% | −0.01 |
| DAL Delta Air Lines Inc. | Reduce -1.6% | 0.03% | −0.01 |
| ON On Semiconductor | Reduce -1.5% | 0.02% | −0.01 |
| USB US Bancorp | Reduce -2.4% | 0.10% | −0.01 |
| BLK BlackRock Inc. | Reduce -1.5% | 0.22% | −0.01 |
| FDX FedEx Corp. | Reduce -2.3% | 0.08% | −0.01 |
| WST West Pharmaceutical Services | Reduce -1.4% | 0.03% | −0.01 |
| MCHP Microchip Technology Inc. | Reduce -7.8% | 0.05% | −0.01 |
| SUM Summit Materials Inc. Class A | Sold out | 0.00% | −0.01 |
| DELL Dell Technologies -C | Reduce -1.9% | 0.04% | −0.01 |
| ROST Ross Stores Inc. | Reduce -1.9% | 0.07% | −0.01 |
| IRM Iron Mountain Inc. | Reduce -1.4% | 0.05% | −0.01 |
Portfolio Buys Q4 2024 → Q1 2025
| V Visa Inc. Class A | Add +4.0% | 0.99% | +0.17 |
| ABBV Abbvie Inc. | Add +0.9% | 0.68% | +0.14 |
| JNJ Johnson & Johnson | Add +0.4% | 0.76% | +0.13 |
| IVV iShares Core S&P 500 ETF | Add +19.7% | 0.67% | +0.11 |
| CVX Chevron Corp. | Add +0.1% | 0.51% | +0.09 |
| TDTT NT Iboxx 3Y Dur Tips ETF | Add +21.8% | 0.30% | +0.07 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +4.7% | 1.17% | +0.05 |
| PG The Procter & Gamble Co. | Add +0.8% | 0.75% | +0.05 |
| MCD McDonald's Corp. | Add +1.1% | 0.42% | +0.05 |
| VZ Verizon Communications Inc. | Add +1.0% | 0.31% | +0.05 |
| UBER Uber Technologies Inc. | Add +3.9% | 0.21% | +0.05 |
| CVS CVS Health Corp. | Add +0.5% | 0.13% | +0.05 |
| AGG iShares Core U.S. Aggregate | Add +14.4% | 0.25% | +0.05 |
| VEA Vanguard Ftse Developed ETF | Add +3.5% | 0.32% | +0.04 |
| WELL Welltower Inc. | Add +0.4% | 0.19% | +0.04 |
| AMT American Tower Corp. | Add +2.1% | 0.18% | +0.04 |
| SPOT Spotify Technology SA | Add +10.3% | 0.13% | +0.04 |
| SCHW Schwab (charles) Corp. | Add +10.8% | 0.20% | +0.04 |
| BMY Bristol-Myers Squibb Co. | Add +5.3% | 0.24% | +0.04 |
| IGF iShares Global Infrastructur | Add +10.5% | 0.21% | +0.04 |
| PLTR Palantir Technologies Inc. Class A | Add +0.3% | 0.24% | +0.04 |
| DASH DoorDash Inc. Class A | Add +38.3% | 0.09% | +0.03 |
| VWO Vanguard Ftse Emerging Marke | Add +4.1% | 0.29% | +0.03 |
| MCK McKesson Corp. | Add +0.7% | 0.15% | +0.03 |
| ORLY O'reilly Automotive Inc. | Add +0.8% | 0.14% | +0.03 |
| AJG Arthur J Gallagher & Co. | Add +0.4% | 0.12% | +0.03 |
| EXC Exelon Corp. | Add +11.8% | 0.09% | +0.03 |
| AON Aon PLC Class A | Add +6.1% | 0.14% | +0.03 |
| DUK Duke Energy Corp. | Add +1.9% | 0.15% | +0.03 |
| NEM Newmont Corp. | Add +1.5% | 0.09% | +0.03 |
| WM Waste Management Inc. | Add +1.8% | 0.14% | +0.03 |
| VT Vanguard Tot World STK ETF | Add +126.9% | 0.04% | +0.03 |
| INTC Intel Corp. | Add +0.3% | 0.15% | +0.02 |
| UNP Union Pacific Corp. | Add +2.0% | 0.25% | +0.02 |
| MMM 3M Co. | Add +0.2% | 0.15% | +0.02 |
| FISV Fiserv Inc. | Add +0.1% | 0.20% | +0.02 |
| SO The Southern Co. | Add +1.0% | 0.15% | +0.02 |
| SBUX Starbucks Corp. | Add +0.0% | 0.20% | +0.02 |
| AEP American Electric Power | Add +8.0% | 0.09% | +0.02 |
| CTAS Cintas Corp. | Add +0.7% | 0.13% | +0.02 |
| WMB Williams Cos Inc. | Add +0.4% | 0.14% | +0.02 |
| PAYX Paychex Inc. | Add +3.8% | 0.11% | +0.02 |
| IEMG iShares Core MSCI Emerging | Add +247.7% | 0.02% | +0.02 |
| SE Sea Ltd.-ADR | Add +9.3% | 0.06% | +0.02 |
| HIG Hartford Insurance Group Inc. | Add +11.3% | 0.07% | +0.02 |
| RAVI NT Ultrashrt Fi ETF | Add +6.3% | 0.16% | +0.02 |
| AWK American Water Works Co. Inc. | Add +3.6% | 0.08% | +0.02 |
| EOG EOG Resources Inc. | Add +6.3% | 0.12% | +0.02 |
| VICI Vici Properties Inc. | Add +13.2% | 0.07% | +0.02 |
| ED Consolidated Edison Inc. | Add +0.1% | 0.07% | +0.02 |
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 |