Northern Trust Corp.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 13, 2025), Northern Trust Corp. reported 4,399 stock positions worth $727.1 billion. Its top holding was Nvidia (NVDA) at 5.7% of the portfolio, followed by Microsoft (MSFT, 5.6%) and Apple (AAPL, 4.7%). Compared with Q1 2025, it opened 142 new positions, sold out of 161, added to 1,438 and reduced 2,507. The biggest buy was Broadcom (AVGO, shares +1%) and the biggest sale Apple (AAPL, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- CHICAGO, IL
- CIK
- 0000073124
- Portfolio Value
- $727.1B (Q2 2025)
- SEC Filing
- 0001256484-25-000028 ↗ filed Aug 13, 2025
Holdings Value
Holdings 4,399 stocks · $727.1B
| NVDA Nvidia Corp. | 5.67% | 261,151,459 | $41.3B | Reduce -0.7% |
| MSFT Microsoft Corp. | 5.58% | 81,531,742 | $40.6B | Reduce -1.2% |
| AAPL Apple Inc. | 4.69% | 166,268,524 | $34.1B | Reduce -1.3% |
| AMZN Amazon.com Inc. | 2.91% | 96,596,707 | $21.2B | Reduce -0.8% |
| META Meta Platforms Inc. Class A | 2.30% | 22,672,125 | $16.7B | Reduce -1.5% |
| AVGO Broadcom Inc. | 1.85% | 48,810,915 | $13.5B | Add +1.0% |
| GOOGL Alphabet Inc. Class A | 1.62% | 66,655,043 | $11.7B | Reduce -2.0% |
| GOOG Alphabet Inc. Class C | 1.32% | 54,194,529 | $9.6B | Reduce -2.1% |
| JPM JPMorgan Chase & Co. | 1.30% | 32,541,931 | $9.4B | Reduce -1.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.19% | 13,961,154 | $8.6B | Reduce -1.1% |
| TSLA Tesla Inc. | 1.15% | 26,348,233 | $8.4B | Reduce -4.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.07% | 15,960,324 | $7.8B | Reduce -1.5% |
| LLY Eli Lilly & Co. | 0.97% | 9,009,270 | $7.0B | Reduce -1.8% |
| V Visa Inc. Class A | 0.91% | 18,586,956 | $6.6B | Reduce -2.1% |
| NFLX Netflix Inc. | 0.82% | 4,460,137 | $6.0B | Reduce -1.4% |
| IVV iShares Core S&P 500 ETF | 0.71% | 8,318,019 | $5.2B | Add +3.8% |
| COST Costco Wholesale Corp. | 0.69% | 5,054,552 | $5.0B | Reduce -1.1% |
| MA Mastercard Inc. Class A | 0.68% | 8,817,818 | $5.0B | Reduce -2.8% |
| XOM Exxon Mobil Corp. | 0.65% | 43,580,736 | $4.7B | Reduce -3.2% |
| JNJ Johnson & Johnson | 0.64% | 30,333,041 | $4.6B | Reduce -2.0% |
| PG The Procter & Gamble Co. | 0.63% | 28,948,539 | $4.6B | Reduce -2.4% |
| HD Home Depot Inc. | 0.59% | 11,724,542 | $4.3B | Reduce -1.1% |
| ORCL Oracle Corp. | 0.59% | 19,471,601 | $4.3B | Reduce -1.4% |
| WMT Walmart Inc. | 0.57% | 42,671,880 | $4.2B | Reduce -1.0% |
| ABBV Abbvie Inc. | 0.56% | 22,013,374 | $4.1B | Reduce 0.0% |
| CSCO Cisco Systems Inc. | 0.45% | 46,866,909 | $3.3B | Reduce -0.4% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.43% | 66,769,424 | $3.2B | Reduce -0.8% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.42% | 10,473,193 | $3.1B | Reduce -2.8% |
| ITW Illinois Tool Works | 0.41% | 11,993,207 | $3.0B | Reduce -1.3% |
| VTI VG Morningstar TS MKT ETF-US | 0.40% | 9,634,009 | $2.9B | Reduce -1.3% |
| KO The Coca-Cola Co. | 0.40% | 41,303,770 | $2.9B | Reduce -1.5% |
| CRM Salesforce Inc. | 0.40% | 10,706,841 | $2.9B | Reduce -2.3% |
| ABT Abbott Laboratories | 0.39% | 21,041,248 | $2.9B | Reduce -1.3% |
| CVX Chevron Corp. | 0.39% | 19,717,112 | $2.8B | Reduce -3.8% |
| UNH Unitedhealth Group Inc. | 0.38% | 8,965,583 | $2.8B | Reduce -3.9% |
| GUNR NT Mstar GLBL NR ETF | 0.38% | 69,688,432 | $2.8B | Reduce -6.4% |
| PLTR Palantir Technologies Inc. Class A | 0.38% | 20,319,224 | $2.8B | Add +3.9% |
| VEA Vanguard Ftse Developed ETF | 0.37% | 46,658,720 | $2.7B | Add +9.5% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.36% | 21,381,307 | $2.7B | Reduce -3.0% |
| WFC Wells Fargo & Co. | 0.36% | 32,796,674 | $2.6B | Reduce -3.0% |
| PM Philip Morris International | 0.36% | 14,300,498 | $2.6B | Add +5.4% |
| GE General Electric filed as GE AEROSPACE | 0.36% | 10,115,629 | $2.6B | Add +1.4% |
| INTU Intuit Inc. | 0.36% | 3,291,158 | $2.6B | Add +0.0% |
| MCD McDonald's Corp. | 0.35% | 8,743,883 | $2.6B | Reduce -2.5% |
| CAT Caterpillar Inc. | 0.34% | 6,452,574 | $2.5B | Reduce -2.2% |
| GS Goldman Sachs Group Inc. | 0.32% | 3,332,950 | $2.4B | Add +0.0% |
| AMD Advanced Micro Devices | 0.32% | 16,595,835 | $2.4B | Add +0.7% |
| MRK Merck & Co. Inc. | 0.31% | 28,745,427 | $2.3B | Reduce -5.4% |
| NOW ServiceNow Inc. | 0.31% | 2,201,023 | $2.3B | Add +0.1% |
| ACN Accenture PLC Class A | 0.31% | 7,537,569 | $2.3B | Reduce -0.7% |
| TDTT NT Iboxx 3Y Dur Tips ETF | 0.31% | 92,737,606 | $2.2B | Add +11.2% |
| T AT&T Inc. | 0.30% | 75,871,694 | $2.2B | Reduce -2.4% |
| VWO Vanguard Ftse Emerging Marke | 0.30% | 44,069,408 | $2.2B | Add +1.3% |
| LIN Linde PLC | 0.30% | 4,626,449 | $2.2B | Reduce -4.8% |
| IWF iShares Russell 1000 Growth | 0.29% | 5,049,456 | $2.1B | Reduce -1.2% |
| TXN Texas Instruments Inc. | 0.29% | 10,279,531 | $2.1B | Reduce -2.0% |
| AXP American Express Co. | 0.29% | 6,606,923 | $2.1B | Reduce -1.0% |
| BKNG Booking Holdings Inc. | 0.29% | 362,946 | $2.1B | Reduce -2.0% |
| NFRA NT GLBL BRD Infra ETF | 0.28% | 32,989,804 | $2.0B | Add +11.0% |
| QCOM Qualcomm Inc. | 0.28% | 12,765,396 | $2.0B | Reduce -3.5% |
| PEP Pepsico Inc. | 0.28% | 15,283,247 | $2.0B | Reduce -6.5% |
| ISRG Intuitive Surgical Inc. | 0.27% | 3,637,651 | $2.0B | Add +0.2% |
| ADBE Adobe Inc. | 0.27% | 5,093,809 | $2.0B | Reduce -2.5% |
| VZ Verizon Communications Inc. | 0.27% | 44,708,119 | $1.9B | Reduce -1.7% |
| MS Morgan Stanley | 0.27% | 13,703,501 | $1.9B | Reduce -0.8% |
| ADP Automatic Data Processing | 0.26% | 6,104,775 | $1.9B | Reduce -0.9% |
| EFA iShares MSCI Eafe ETF | 0.26% | 20,912,718 | $1.9B | Add +2.9% |
| RTX RTX Corp. | 0.25% | 12,579,629 | $1.8B | Reduce -2.0% |
| UBER Uber Technologies Inc. | 0.25% | 19,211,910 | $1.8B | Reduce -0.1% |
| AMAT Applied Materials Inc. | 0.24% | 9,550,313 | $1.7B | Reduce -2.2% |
| C Citigroup Inc. | 0.24% | 20,322,681 | $1.7B | Reduce -0.5% |
| AMGN Amgen Inc. | 0.24% | 6,141,769 | $1.7B | Reduce -1.0% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.23% | 13,767,317 | $1.7B | Reduce -1.0% |
| IGF iShares Global Infrastructur | 0.23% | 28,568,006 | $1.7B | Add +9.9% |
| SPGI S&P Global Inc. | 0.23% | 3,173,258 | $1.7B | Reduce -2.5% |
| AGG iShares Core U.S. Aggregate | 0.23% | 16,630,963 | $1.6B | Reduce -1.5% |
| PGR Progressive Corp. | 0.22% | 6,110,580 | $1.6B | Reduce -1.0% |
| BLK BlackRock Inc. | 0.22% | 1,547,904 | $1.6B | Reduce -1.2% |
| ETN Eaton Corp. PLC | 0.22% | 4,490,434 | $1.6B | Reduce -1.2% |
| GILD Gilead Sciences Inc. | 0.22% | 14,409,323 | $1.6B | Reduce -0.2% |
| NEE Nextera Energy Inc. | 0.22% | 22,678,946 | $1.6B | Reduce -2.9% |
| SCHW Schwab (charles) Corp. | 0.21% | 17,107,674 | $1.6B | Reduce -1.9% |
| COF Capital One Financial Corp. | 0.21% | 7,260,459 | $1.5B | Add +65.3% |
| UNP Union Pacific Corp. | 0.21% | 6,671,444 | $1.5B | Reduce -6.1% |
| BSX Boston Scientific Corp. | 0.21% | 14,274,448 | $1.5B | Reduce -0.2% |
| PANW Palo Alto Networks Inc. | 0.21% | 7,491,737 | $1.5B | Reduce -3.1% |
| PFE Pfizer Inc. | 0.21% | 63,150,632 | $1.5B | Add +1.3% |
| GEV GE Vernova Inc. | 0.21% | 2,825,720 | $1.5B | Add +7.4% |
| LOW Lowe's Cos Inc. | 0.21% | 6,726,253 | $1.5B | Reduce -2.9% |
| DHR Danaher Corp. | 0.20% | 7,528,840 | $1.5B | Reduce -3.0% |
| TMO Thermo Fisher Scientific Inc. | 0.20% | 3,606,341 | $1.5B | Reduce -7.1% |
| KLAC KLA Corp. | 0.20% | 1,628,655 | $1.5B | Reduce -0.8% |
| DE Deere & Co. | 0.20% | 2,834,751 | $1.4B | Reduce -2.1% |
| TSM Taiwan Semiconductor-SP ADR | 0.20% | 6,293,564 | $1.4B | Reduce -0.1% |
| LRCX Lam Research Corp. | 0.20% | 14,573,447 | $1.4B | Reduce -2.0% |
| IJH iShares Core S&P Midcap ETF | 0.19% | 22,692,318 | $1.4B | Reduce -0.8% |
| PLD Prologis Inc. | 0.19% | 13,336,732 | $1.4B | Reduce -3.3% |
| CMCSA Comcast Corp. Class A | 0.19% | 38,920,017 | $1.4B | Reduce -3.7% |
| HON Honeywell International Inc. | 0.19% | 5,851,840 | $1.4B | Reduce -3.3% |
| SYK Stryker Corp. | 0.19% | 3,429,632 | $1.4B | Reduce -3.2% |
Portfolio Sells Q1 2025 → Q2 2025
| AAPL Apple Inc. | Reduce -1.3% | 4.69% | −0.86 |
| UNH Unitedhealth Group Inc. | Reduce -3.9% | 0.38% | −0.34 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -1.5% | 1.07% | −0.21 |
| LLY Eli Lilly & Co. | Reduce -1.8% | 0.97% | −0.16 |
| XOM Exxon Mobil Corp. | Reduce -3.2% | 0.65% | −0.15 |
| JNJ Johnson & Johnson | Reduce -2.0% | 0.64% | −0.12 |
| ABBV Abbvie Inc. | Reduce 0.0% | 0.56% | −0.12 |
| CVX Chevron Corp. | Reduce -3.8% | 0.39% | −0.12 |
| PG The Procter & Gamble Co. | Reduce -2.4% | 0.63% | −0.12 |
| MRK Merck & Co. Inc. | Reduce -5.4% | 0.31% | −0.09 |
| PEP Pepsico Inc. | Reduce -6.5% | 0.28% | −0.09 |
| TMO Thermo Fisher Scientific Inc. | Reduce -7.1% | 0.20% | −0.09 |
| V Visa Inc. Class A | Reduce -2.1% | 0.91% | −0.08 |
| BMY Bristol-Myers Squibb Co. | Reduce -4.2% | 0.16% | −0.08 |
| DFS Discover Financial Services | Sold out | 0.00% | −0.07 |
| MCD McDonald's Corp. | Reduce -2.5% | 0.35% | −0.06 |
| FISV Fiserv Inc. | Reduce -3.8% | 0.14% | −0.06 |
| MA Mastercard Inc. Class A | Reduce -2.8% | 0.68% | −0.06 |
| HD Home Depot Inc. | Reduce -1.1% | 0.59% | −0.05 |
| AMGN Amgen Inc. | Reduce -1.0% | 0.24% | −0.05 |
| COP Conocophillips | Reduce -3.7% | 0.15% | −0.05 |
| GUNR NT Mstar GLBL NR ETF | Reduce -6.4% | 0.38% | −0.04 |
| KO The Coca-Cola Co. | Reduce -1.5% | 0.40% | −0.04 |
| TMUS T-Mobile US Inc. | Reduce -4.5% | 0.16% | −0.04 |
| ACN Accenture PLC Class A | Reduce -0.7% | 0.31% | −0.04 |
| MRSH Marsh & McLennan Cos | Reduce -2.8% | 0.17% | −0.04 |
| VZ Verizon Communications Inc. | Reduce -1.7% | 0.27% | −0.04 |
| ITW Illinois Tool Works | Reduce -1.3% | 0.41% | −0.04 |
| USHY iShares Broad Usd High Yield | Reduce -12.9% | 0.18% | −0.04 |
| UNP Union Pacific Corp. | Reduce -6.1% | 0.21% | −0.04 |
| LIN Linde PLC | Reduce -4.8% | 0.30% | −0.04 |
| PLD Prologis Inc. | Reduce -3.3% | 0.19% | −0.04 |
| PGR Progressive Corp. | Reduce -1.0% | 0.22% | −0.04 |
| CRM Salesforce Inc. | Reduce -2.3% | 0.40% | −0.04 |
| PCAR Paccar Inc. | Reduce -26.1% | 0.07% | −0.03 |
| BDX Becton Dickinson and Co. | Reduce -8.4% | 0.06% | −0.03 |
| LOW Lowe's Cos Inc. | Reduce -2.9% | 0.21% | −0.03 |
| ELV Elevance Health Inc. | Reduce -4.7% | 0.12% | −0.03 |
| DHR Danaher Corp. | Reduce -3.0% | 0.20% | −0.03 |
| SBUX Starbucks Corp. | Reduce -3.0% | 0.17% | −0.03 |
| CMCSA Comcast Corp. Class A | Reduce -3.7% | 0.19% | −0.03 |
| COST Costco Wholesale Corp. | Reduce -1.1% | 0.69% | −0.03 |
| NEE Nextera Energy Inc. | Reduce -2.9% | 0.22% | −0.03 |
| OKE Oneok Inc. | Reduce -6.2% | 0.07% | −0.03 |
| HYGV NT HY Val-SCRD BD ETF | Reduce -15.5% | 0.11% | −0.03 |
| ABT Abbott Laboratories | Reduce -1.3% | 0.39% | −0.03 |
| ADBE Adobe Inc. | Reduce -2.5% | 0.27% | −0.03 |
| REGN Regeneron Pharmaceuticals | Reduce -4.3% | 0.07% | −0.03 |
| SLB SLB Ltd. | Reduce -3.8% | 0.06% | −0.03 |
| MDT Medtronic PLC | Reduce -4.8% | 0.15% | −0.02 |
Portfolio Buys Q1 2025 → Q2 2025
| AVGO Broadcom Inc. | Add +1.0% | 1.85% | +0.65 |
| PLTR Palantir Technologies Inc. Class A | Add +3.9% | 0.38% | +0.14 |
| COF Capital One Financial Corp. | Add +65.3% | 0.21% | +0.10 |
| GEV GE Vernova Inc. | Add +7.4% | 0.21% | +0.09 |
| AMD Advanced Micro Devices | Add +0.7% | 0.32% | +0.07 |
| GE General Electric | Add +1.4% | 0.36% | +0.06 |
| INTU Intuit Inc. | Add +0.0% | 0.36% | +0.06 |
| COIN Coinbase Global Inc. Class A | Add +42.1% | 0.09% | +0.06 |
| GS Goldman Sachs Group Inc. | Add +0.0% | 0.32% | +0.05 |
| NOW ServiceNow Inc. | Add +0.1% | 0.31% | +0.05 |
| APH Amphenol Corp. Class A | Add +1.1% | 0.18% | +0.05 |
| VEA Vanguard Ftse Developed ETF | Add +9.5% | 0.37% | +0.04 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +1.7% | 0.17% | +0.04 |
| IVV iShares Core S&P 500 ETF | Add +3.8% | 0.71% | +0.04 |
| PM Philip Morris International | Add +5.4% | 0.36% | +0.04 |
| VST Vistra Corp. | Add +2.7% | 0.08% | +0.03 |
| HOOD Robinhood Markets Inc. Class A | Add +2.1% | 0.05% | +0.03 |
| TT Trane Technologies PLC | Add +0.6% | 0.16% | +0.03 |
| AXON Axon Enterprise Inc. | Add +0.9% | 0.08% | +0.03 |
| NFRA NT GLBL BRD Infra ETF | Add +11.0% | 0.28% | +0.03 |
| HWM Howmet Aerospace Inc. | Add +1.8% | 0.10% | +0.03 |
| BSV Vanguard Short-Term Bond ETF | Add +39.6% | 0.11% | +0.02 |
| MSTR Strategy Inc. | Add +6.8% | 0.08% | +0.02 |
| PWR Quanta Services Inc. | Add +1.0% | 0.08% | +0.02 |
| IGF iShares Global Infrastructur | Add +9.9% | 0.23% | +0.02 |
| VRT Vertiv Holdings Co. Class A | Add +8.6% | 0.05% | +0.02 |
| JCI Johnson Controls Internation | Add +3.3% | 0.10% | +0.02 |
| RBLX Roblox Corp. Class A | Add +2.8% | 0.05% | +0.02 |
| NET Cloudflare Inc. Class A | Add +0.3% | 0.05% | +0.02 |
| SNOW Snowflake Inc. | Add +2.0% | 0.06% | +0.02 |
| FLUT Flutter Entertainment PLC-Di | Add +51.3% | 0.04% | +0.02 |
| QLC NT US Qual LC ETF | Add +39.9% | 0.05% | +0.02 |
| IDXX Idexx Laboratories Inc. | Add +5.8% | 0.07% | +0.01 |
| NEM Newmont Corp. | Add +2.8% | 0.11% | +0.01 |
| CVNA Carvana Co. | Add +9.2% | 0.03% | +0.01 |
| MRVL Marvell Technology Inc. | Add +4.0% | 0.07% | +0.01 |
| ADSK Autodesk Inc. | Add +1.8% | 0.11% | +0.01 |
| KKR KKR & Co. Inc. | Add +3.8% | 0.11% | +0.01 |
| EFA iShares MSCI Eafe ETF | Add +2.9% | 0.26% | +0.01 |
| TEL Te Connectivity PLC | Add +7.2% | 0.06% | +0.01 |
| FIX Comfort Systems USA Inc. | Add +5.7% | 0.02% | +0.01 |
| FLEX Flex Ltd. | Add +27.3% | 0.02% | +0.01 |
| CRDO Credo Technology Group Holdi | Add +0.5% | 0.02% | +0.01 |
| ZS Zscaler Inc. | Add +0.8% | 0.03% | +0.01 |
| ULTA Ulta Beauty Inc. | Add +10.3% | 0.04% | +0.01 |
| SYF Synchrony Financial | Add +3.7% | 0.05% | +0.01 |
| IEFA iShares Core MSCI Eafe ETF | Add +21.3% | 0.04% | +0.01 |
| RDDT Reddit Inc. Class A | Add +106.6% | 0.01% | +0.01 |
| VEU Vanguard Ftse All-World Ex-U | Add +3.0% | 0.15% | +0.01 |
| FTNT Fortinet Inc. | Add +6.1% | 0.10% | +0.01 |
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 |