Northern Trust Corp.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Northern Trust Corp. reported 4,422 stock positions worth $781.7 billion. Its top holding was Nvidia (NVDA) at 6.2% of the portfolio, followed by Microsoft (MSFT, 5.4%) and Apple (AAPL, 5.4%). Compared with Q2 2025, it opened 166 new positions, sold out of 144, added to 1,768 and reduced 2,267. The biggest buy was AppLovin Class A (APP, shares +47%) and the biggest sale Microsoft (MSFT, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- CHICAGO, IL
- CIK
- 0000073124
- Portfolio Value
- $781.7B (Q3 2025)
- SEC Filing
- 0000073124-25-000252 ↗ filed Nov 14, 2025
Holdings Value
Holdings 4,422 stocks · $781.7B
| NVDA Nvidia Corp. | 6.19% | 259,439,810 | $48.4B | Reduce -0.7% |
| MSFT Microsoft Corp. | 5.38% | 81,165,798 | $42.0B | Reduce -0.5% |
| AAPL Apple Inc. | 5.36% | 164,666,723 | $41.9B | Reduce -1.0% |
| AMZN Amazon.com Inc. | 2.73% | 97,051,517 | $21.3B | Add +0.5% |
| META Meta Platforms Inc. Class A | 2.11% | 22,481,689 | $16.5B | Reduce -0.8% |
| GOOGL Alphabet Inc. Class A | 2.07% | 66,505,561 | $16.2B | Reduce -0.2% |
| AVGO Broadcom Inc. | 2.05% | 48,668,426 | $16.1B | Reduce -0.3% |
| GOOG Alphabet Inc. Class C | 1.67% | 53,714,386 | $13.1B | Reduce -0.9% |
| TSLA Tesla Inc. | 1.49% | 26,224,278 | $11.7B | Reduce -0.5% |
| JPM JPMorgan Chase & Co. | 1.31% | 32,358,315 | $10.2B | Reduce -0.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.18% | 13,834,088 | $9.2B | Reduce -0.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.02% | 15,842,634 | $8.0B | Reduce -0.7% |
| LLY Eli Lilly & Co. | 0.87% | 8,899,035 | $6.8B | Reduce -1.2% |
| V Visa Inc. Class A | 0.80% | 18,284,591 | $6.2B | Reduce -1.6% |
| IVV iShares Core S&P 500 ETF | 0.75% | 8,717,550 | $5.8B | Add +4.8% |
| JNJ Johnson & Johnson | 0.71% | 29,972,551 | $5.6B | Reduce -1.2% |
| ORCL Oracle Corp. | 0.70% | 19,395,765 | $5.5B | Reduce -0.4% |
| NFLX Netflix Inc. | 0.68% | 4,419,160 | $5.3B | Reduce -0.9% |
| ABBV Abbvie Inc. | 0.65% | 22,046,227 | $5.1B | Add +0.1% |
| MA Mastercard Inc. Class A | 0.64% | 8,834,169 | $5.0B | Add +0.2% |
| XOM Exxon Mobil Corp. | 0.64% | 44,026,019 | $5.0B | Add +1.0% |
| HD Home Depot Inc. | 0.60% | 11,662,015 | $4.7B | Reduce -0.5% |
| COST Costco Wholesale Corp. | 0.60% | 5,059,990 | $4.7B | Add +0.1% |
| PG The Procter & Gamble Co. | 0.56% | 28,609,292 | $4.4B | Reduce -1.2% |
| WMT Walmart Inc. | 0.55% | 42,041,689 | $4.3B | Reduce -1.5% |
| PLTR Palantir Technologies Inc. Class A | 0.49% | 21,088,462 | $3.8B | Add +3.8% |
| CVX Chevron Corp. | 0.45% | 22,724,515 | $3.5B | Add +15.3% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.44% | 66,307,177 | $3.4B | Reduce -0.7% |
| CSCO Cisco Systems Inc. | 0.42% | 48,498,612 | $3.3B | Add +3.5% |
| UNH Unitedhealth Group Inc. | 0.40% | 9,109,692 | $3.1B | Add +1.6% |
| VTI VG Morningstar TS MKT ETF-US | 0.40% | 9,528,493 | $3.1B | Reduce -1.1% |
| ITW Illinois Tool Works | 0.40% | 11,945,584 | $3.1B | Reduce -0.4% |
| GE General Electric filed as GE AEROSPACE | 0.40% | 10,296,945 | $3.1B | Add +1.8% |
| CAT Caterpillar Inc. | 0.38% | 6,237,671 | $3.0B | Reduce -3.3% |
| GUNR NT Mstar GLBL NR ETF | 0.38% | 67,065,212 | $2.9B | Reduce -3.8% |
| VEA Vanguard Ftse Developed ETF | 0.38% | 48,969,182 | $2.9B | Add +5.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.37% | 10,270,991 | $2.9B | Reduce -1.9% |
| WFC Wells Fargo & Co. | 0.35% | 32,839,667 | $2.8B | Add +0.1% |
| ABT Abbott Laboratories | 0.35% | 20,442,820 | $2.7B | Reduce -2.8% |
| KO The Coca-Cola Co. | 0.35% | 41,130,332 | $2.7B | Reduce -0.4% |
| AMD Advanced Micro Devices | 0.34% | 16,629,875 | $2.7B | Add +0.2% |
| GS Goldman Sachs Group Inc. | 0.33% | 3,266,028 | $2.6B | Reduce -2.0% |
| IWF iShares Russell 1000 Growth | 0.33% | 5,458,872 | $2.6B | Add +8.1% |
| MCD McDonald's Corp. | 0.33% | 8,411,657 | $2.6B | Reduce -3.8% |
| CRM Salesforce Inc. | 0.32% | 10,567,153 | $2.5B | Reduce -1.3% |
| VWO Vanguard Ftse Emerging Marke | 0.31% | 44,301,345 | $2.4B | Add +0.5% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.31% | 20,867,308 | $2.4B | Reduce -2.4% |
| PM Philip Morris International | 0.31% | 14,701,879 | $2.4B | Add +2.8% |
| INTU Intuit Inc. | 0.30% | 3,450,001 | $2.4B | Add +4.8% |
| MRK Merck & Co. Inc. | 0.30% | 27,933,141 | $2.3B | Reduce -2.8% |
| NFRA NT GLBL BRD Infra ETF | 0.28% | 35,034,483 | $2.2B | Add +6.2% |
| LIN Linde PLC | 0.28% | 4,609,335 | $2.2B | Reduce -0.4% |
| AXP American Express Co. | 0.28% | 6,524,466 | $2.2B | Reduce -1.3% |
| PEP Pepsico Inc. | 0.27% | 15,274,321 | $2.1B | Reduce -0.1% |
| TDTT NT Iboxx 3Y Dur Tips ETF | 0.27% | 88,060,051 | $2.1B | Reduce -5.0% |
| RTX RTX Corp. | 0.27% | 12,453,885 | $2.1B | Reduce -1.0% |
| T AT&T Inc. | 0.26% | 73,140,558 | $2.1B | Reduce -3.6% |
| QCOM Qualcomm Inc. | 0.26% | 12,398,041 | $2.1B | Reduce -2.9% |
| MS Morgan Stanley | 0.26% | 12,963,412 | $2.1B | Reduce -5.4% |
| NOW ServiceNow Inc. | 0.26% | 2,199,074 | $2.0B | Reduce -0.1% |
| C Citigroup Inc. | 0.26% | 19,926,835 | $2.0B | Reduce -1.9% |
| VZ Verizon Communications Inc. | 0.25% | 45,265,695 | $2.0B | Add +1.3% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.25% | 13,654,222 | $2.0B | Reduce -0.8% |
| IGF iShares Global Infrastructur | 0.25% | 32,269,755 | $2.0B | Add +13.0% |
| EFA iShares MSCI Eafe ETF | 0.25% | 21,097,652 | $2.0B | Add +0.9% |
| LRCX Lam Research Corp. | 0.25% | 14,576,854 | $2.0B | Add +0.0% |
| BKNG Booking Holdings Inc. | 0.25% | 360,723 | $1.9B | Reduce -0.6% |
| AMAT Applied Materials Inc. | 0.25% | 9,415,183 | $1.9B | Reduce -1.4% |
| UBER Uber Technologies Inc. | 0.24% | 19,509,042 | $1.9B | Add +1.6% |
| TXN Texas Instruments Inc. | 0.24% | 10,004,122 | $1.8B | Reduce -2.7% |
| ACN Accenture PLC Class A | 0.23% | 7,394,049 | $1.8B | Reduce -1.9% |
| ADP Automatic Data Processing | 0.23% | 6,116,498 | $1.8B | Add +0.2% |
| TSM Taiwan Semiconductor-SP ADR | 0.23% | 6,427,066 | $1.8B | Add +2.1% |
| BLK BlackRock Inc. | 0.23% | 1,538,040 | $1.8B | Reduce -0.6% |
| GEV GE Vernova Inc. | 0.23% | 2,877,458 | $1.8B | Add +1.8% |
| ADBE Adobe Inc. | 0.23% | 4,999,593 | $1.8B | Reduce -1.9% |
| KLAC KLA Corp. | 0.23% | 1,634,937 | $1.8B | Add +0.4% |
| MU Micron Technology Inc. | 0.22% | 10,459,799 | $1.8B | Reduce -0.9% |
| AMGN Amgen Inc. | 0.22% | 6,144,480 | $1.7B | Add +0.0% |
| LOW Lowe's Cos Inc. | 0.22% | 6,830,080 | $1.7B | Add +1.5% |
| TMO Thermo Fisher Scientific Inc. | 0.22% | 3,521,705 | $1.7B | Reduce -2.4% |
| APP AppLovin Corp. Class A | 0.22% | 2,374,460 | $1.7B | Add +46.8% |
| NEE Nextera Energy Inc. | 0.22% | 22,473,850 | $1.7B | Reduce -0.9% |
| ETN Eaton Corp. PLC | 0.21% | 4,440,790 | $1.7B | Reduce -1.1% |
| AGG iShares Core U.S. Aggregate | 0.21% | 16,557,819 | $1.7B | Reduce -0.4% |
| PFE Pfizer Inc. | 0.21% | 64,019,807 | $1.6B | Add +1.4% |
| UNP Union Pacific Corp. | 0.21% | 6,881,628 | $1.6B | Add +3.1% |
| SCHW Schwab (charles) Corp. | 0.21% | 17,001,627 | $1.6B | Reduce -0.6% |
| WELL Welltower Inc. | 0.21% | 9,106,068 | $1.6B | Add +3.2% |
| ISRG Intuitive Surgical Inc. | 0.21% | 3,604,909 | $1.6B | Reduce -0.9% |
| APH Amphenol Corp. Class A | 0.20% | 12,917,398 | $1.6B | Reduce -0.1% |
| GILD Gilead Sciences Inc. | 0.20% | 14,316,656 | $1.6B | Reduce -0.6% |
| SPGI S&P Global Inc. | 0.20% | 3,174,348 | $1.5B | Add +0.0% |
| PANW Palo Alto Networks Inc. | 0.20% | 7,528,248 | $1.5B | Add +0.5% |
| PLD Prologis Inc. | 0.20% | 13,352,946 | $1.5B | Add +0.1% |
| IJH iShares Core S&P Midcap ETF | 0.19% | 23,218,270 | $1.5B | Add +2.3% |
| COF Capital One Financial Corp. | 0.19% | 7,074,349 | $1.5B | Reduce -2.6% |
| ANET Arista Networks Inc. | 0.19% | 10,311,392 | $1.5B | Add +0.1% |
| INTC Intel Corp. | 0.19% | 44,405,432 | $1.5B | Reduce -1.3% |
| PGR Progressive Corp. | 0.19% | 6,016,636 | $1.5B | Reduce -1.5% |
Portfolio Sells Q2 2025 → Q3 2025
| MSFT Microsoft Corp. | Reduce -0.5% | 5.38% | −0.20 |
| META Meta Platforms Inc. Class A | Reduce -0.8% | 2.11% | −0.19 |
| NFLX Netflix Inc. | Reduce -0.9% | 0.68% | −0.14 |
| V Visa Inc. Class A | Reduce -1.6% | 0.80% | −0.11 |
| LLY Eli Lilly & Co. | Reduce -1.2% | 0.87% | −0.10 |
| CRM Salesforce Inc. | Reduce -1.3% | 0.32% | −0.08 |
| ACN Accenture PLC Class A | Reduce -1.9% | 0.23% | −0.08 |
| PG The Procter & Gamble Co. | Reduce -1.2% | 0.56% | −0.07 |
| ISRG Intuitive Surgical Inc. | Reduce -0.9% | 0.21% | −0.07 |
| DIS The Walt Disney Co. | Reduce -2.4% | 0.31% | −0.06 |
| TXN Texas Instruments Inc. | Reduce -2.7% | 0.24% | −0.06 |
| ANSS Ansys Inc. | Sold out | 0.00% | −0.05 |
| IBM Intl Business Machines Corp. | Reduce -1.9% | 0.37% | −0.05 |
| KO The Coca-Cola Co. | Reduce -0.4% | 0.35% | −0.05 |
| HES Hess Corp. | Sold out | 0.00% | −0.05 |
| NOW ServiceNow Inc. | Reduce -0.1% | 0.26% | −0.05 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.7% | 1.02% | −0.05 |
| FISV Fiserv Inc. | Reduce -3.8% | 0.09% | −0.05 |
| ADBE Adobe Inc. | Reduce -1.9% | 0.23% | −0.05 |
| ABT Abbott Laboratories | Reduce -2.8% | 0.35% | −0.04 |
| BKNG Booking Holdings Inc. | Reduce -0.6% | 0.25% | −0.04 |
| CMCSA Comcast Corp. Class A | Reduce -3.3% | 0.15% | −0.04 |
| CMG Chipotle Mexican Grill Inc. | Reduce -2.6% | 0.07% | −0.04 |
| T AT&T Inc. | Reduce -3.6% | 0.26% | −0.04 |
| TDTT NT Iboxx 3Y Dur Tips ETF | Reduce -5.0% | 0.27% | −0.04 |
| PGR Progressive Corp. | Reduce -1.5% | 0.19% | −0.03 |
| HON Honeywell International Inc. | Reduce -2.7% | 0.15% | −0.03 |
| DE Deere & Co. | Reduce -1.0% | 0.16% | −0.03 |
| AMT American Tower Corp. | Reduce -1.2% | 0.13% | −0.03 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -1.1% | 0.13% | −0.03 |
| ELV Elevance Health Inc. | Reduce -2.1% | 0.09% | −0.03 |
| CI The Cigna Group | Reduce -3.7% | 0.10% | −0.03 |
| ICE Intercontinental Exchange Inc. | Reduce -1.2% | 0.15% | −0.03 |
| SBUX Starbucks Corp. | Reduce -3.1% | 0.14% | −0.03 |
| UPS United Parcel Service Class B | Reduce -4.7% | 0.08% | −0.03 |
| FTNT Fortinet Inc. | Reduce -1.5% | 0.07% | −0.03 |
| MRSH Marsh & McLennan Cos | Reduce -1.8% | 0.14% | −0.03 |
| PAYX Paychex Inc. | Reduce -10.3% | 0.07% | −0.03 |
| SYK Stryker Corp. | Reduce -0.1% | 0.16% | −0.02 |
| MCD McDonald's Corp. | Reduce -3.8% | 0.33% | −0.02 |
| MDLZ Mondelez International Inc. Class A | Reduce -3.1% | 0.12% | −0.02 |
| CHTR Charter Communications Inc. Class A | Reduce -7.5% | 0.03% | −0.02 |
| CL Colgate-Palmolive Co. | Reduce -2.3% | 0.09% | −0.02 |
| ZTS Zoetis Inc. | Reduce -4.8% | 0.11% | −0.02 |
| KDP Keurig Dr Pepper Inc. | Reduce -6.7% | 0.04% | −0.02 |
| MMM 3M Co. | Reduce -11.0% | 0.12% | −0.02 |
| CARR Carrier Global Corp. | Reduce -0.8% | 0.06% | −0.02 |
| TDG Transdigm Group Inc. | Reduce -1.7% | 0.08% | −0.02 |
| PYPL PayPal Holdings Inc. | Reduce -3.9% | 0.08% | −0.02 |
| COF Capital One Financial Corp. | Reduce -2.6% | 0.19% | −0.02 |
Portfolio Buys Q2 2025 → Q3 2025
| APP AppLovin Corp. Class A | Add +46.8% | 0.22% | +0.14 |
| PLTR Palantir Technologies Inc. Class A | Add +3.8% | 0.49% | +0.11 |
| ABBV Abbvie Inc. | Add +0.1% | 0.65% | +0.09 |
| CVX Chevron Corp. | Add +15.3% | 0.45% | +0.06 |
| HOOD Robinhood Markets Inc. Class A | Add +48.5% | 0.11% | +0.06 |
| LRCX Lam Research Corp. | Add +0.0% | 0.25% | +0.05 |
| ANET Arista Networks Inc. | Add +0.1% | 0.19% | +0.05 |
| GD General Dynamics Corp. | Add +35.0% | 0.15% | +0.05 |
| GE General Electric | Add +1.8% | 0.40% | +0.04 |
| IVV iShares Core S&P 500 ETF | Add +4.8% | 0.75% | +0.04 |
| TSM Taiwan Semiconductor-SP ADR | Add +2.1% | 0.23% | +0.03 |
| IWF iShares Russell 1000 Growth | Add +8.1% | 0.33% | +0.03 |
| WDC Western Digital Corp. | Add +11.2% | 0.06% | +0.03 |
| STX Seagate Technology Holdings | Add +17.4% | 0.06% | +0.03 |
| KLAC KLA Corp. | Add +0.4% | 0.23% | +0.02 |
| WBD Warner Bros Discovery Inc. | Add +3.9% | 0.06% | +0.02 |
| WELL Welltower Inc. | Add +3.2% | 0.21% | +0.02 |
| GEV GE Vernova Inc. | Add +1.8% | 0.23% | +0.02 |
| AMD Advanced Micro Devices | Add +0.2% | 0.34% | +0.02 |
| IGF iShares Global Infrastructur | Add +13.0% | 0.25% | +0.02 |
| UNH Unitedhealth Group Inc. | Add +1.6% | 0.40% | +0.02 |
| RBLX Roblox Corp. Class A | Add +11.7% | 0.06% | +0.02 |
| BX Blackstone Inc. | Add +4.7% | 0.16% | +0.02 |
| DDOG Datadog Inc. Class A | Add +45.0% | 0.05% | +0.01 |
| BABA Alibaba Group Holding-SP ADR | Add +8.0% | 0.04% | +0.01 |
| BE Bloom Energy Corp. Class A | Add +3.8% | 0.02% | +0.01 |
| LOW Lowe's Cos Inc. | Add +1.5% | 0.22% | +0.01 |
| TEL Te Connectivity PLC | Add +0.7% | 0.08% | +0.01 |
| ASML ASML Holding NV-NY Reg SHS | Add +5.5% | 0.09% | +0.01 |
| XYZ Block Inc. | Add +44.0% | 0.04% | +0.01 |
| KTOS Kratos Defense & Security | Add +13.6% | 0.02% | +0.01 |
| SPG Simon Property Group Inc. | Add +1.6% | 0.13% | +0.01 |
| CPNG Coupang Inc. | Add +46.3% | 0.04% | +0.01 |
| ALAB Astera Labs Inc. | Add +40.0% | 0.02% | +0.01 |
| ALNY Alnylam Pharmaceuticals Inc. | Add +0.2% | 0.05% | +0.01 |
| SNPS Synopsys Inc. | Add +22.5% | 0.13% | +0.01 |
| ECHO Echostar Corp. Class A | Add +2.9% | 0.02% | +0.01 |
| TLN Talen Energy Corp. | Add +68.7% | 0.02% | +0.01 |
| APTV Aptiv PLC | Add +25.1% | 0.03% | +0.01 |
| VEA Vanguard Ftse Developed ETF | Add +5.0% | 0.38% | +0.01 |
| TPR Tapestry Inc. | Add +7.6% | 0.04% | +0.01 |
| TER Teradyne Inc. | Add +3.2% | 0.03% | +0.01 |
| IONQ Ionq Inc. | Add +30.3% | 0.02% | +0.01 |
| PDD PDD Holdings Inc. | Add +2.1% | 0.05% | +0.01 |
| RDDT Reddit Inc. Class A | Add +20.4% | 0.02% | +0.01 |
| CRDO Credo Technology Group Holdi | Add +3.3% | 0.03% | +0.01 |
| MPWR Monolithic Power Systems Inc. | Add +0.8% | 0.06% | +0.01 |
| AZO AutoZone Inc. | Add +1.2% | 0.10% | +0.01 |
| P Everpure Inc. Class A | Add +0.2% | 0.03% | +0.01 |
| FSLR First Solar Inc. | Add +2.6% | 0.04% | +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 |