Northwestern Mutual Investment Management Company, LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 15, 2024), Northwestern Mutual Investment Management Company, LLC reported 876 stock positions worth $3.9 billion. Its top holding was Vanguard S&P 500 ETF (VOO) at 11.8% of the portfolio, followed by iShares Core S&P Small-Cap E (IJR, 10.4%) and iShares MSCI Eafe ETF (EFA, 9.7%). Compared with Q1 2024, it opened 13 new positions, sold out of 16, added to 541 and reduced 316. The biggest buy was a new position in Ishr Ibx Usd Invgd CB ETF-Ui (LQD) and the biggest sale iShares Core S&P 500 ETF (IVV, shares −41%).
- Most Recent 13F
- Q2 2026
- Location
- MILWAUKEE, WI
- CIK
- 0001629649
- Portfolio Value
- $3.9B (Q2 2024)
- SEC Filing
- 0001085146-24-004029 ↗ filed Aug 15, 2024
Holdings Value
Holdings 876 stocks · $3.9B
| VOO Vanguard S&P 500 ETF | 11.76% | 908,581 | $454.4M | Reduce -5.3% |
| IJR iShares Core S&P Small-Cap E | 10.38% | 3,760,148 | $401.1M | Add +6.1% |
| EFA iShares MSCI Eafe ETF | 9.74% | 4,804,496 | $376.3M | Add +9.2% |
| IJH iShares Core S&P Midcap ETF | 7.43% | 4,905,096 | $287.0M | Add +9.2% |
| IEFA iShares Core MSCI Eafe ETF | 4.01% | 2,135,738 | $155.1M | Reduce -2.2% |
| IVV iShares Core S&P 500 ETF | 2.99% | 211,100 | $115.5M | Reduce -40.8% |
| MSFT Microsoft Corp. | 2.73% | 236,525 | $105.7M | Add +0.3% |
| NVDA Nvidia Corp. | 2.50% | 782,813 | $96.7M | Reduce -0.1% |
| AAPL Apple Inc. | 2.50% | 458,710 | $96.6M | Reduce -0.4% |
| AMZN Amazon.com Inc. | 1.46% | 291,438 | $56.3M | Add +0.5% |
| META Meta Platforms Inc. Class A | 0.91% | 69,741 | $35.2M | Reduce -0.1% |
| GOOGL Alphabet Inc. Class A | 0.88% | 186,932 | $34.0M | Reduce -0.0% |
| AGG iShares Core U.S. Aggregate | 0.84% | 335,065 | $32.5M | Reduce -4.8% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.84% | 303,000 | $32.5M | New |
| GOOG Alphabet Inc. Class C | 0.74% | 155,517 | $28.5M | Reduce -0.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.61% | 57,613 | $23.4M | Reduce -0.2% |
| LLY Eli Lilly & Co. | 0.60% | 25,406 | $23.0M | Add +0.4% |
| AVGO Broadcom Inc. | 0.58% | 13,863 | $22.3M | Reduce -0.7% |
| JPM JPMorgan Chase & Co. | 0.48% | 91,388 | $18.5M | Reduce -0.4% |
| TSLA Tesla Inc. | 0.45% | 88,299 | $17.5M | Add +0.4% |
| XOM Exxon Mobil Corp. | 0.43% | 142,760 | $16.4M | Add +13.3% |
| UNH Unitedhealth Group Inc. | 0.39% | 29,290 | $14.9M | Reduce -0.2% |
| V Visa Inc. Class A | 0.34% | 50,096 | $13.1M | Reduce -0.2% |
| PG The Procter & Gamble Co. | 0.32% | 75,109 | $12.4M | Add +0.6% |
| COST Costco Wholesale Corp. | 0.31% | 14,114 | $12.0M | Add +0.2% |
| MA Mastercard Inc. Class A | 0.30% | 26,127 | $11.5M | Reduce -0.2% |
| JNJ Johnson & Johnson | 0.29% | 76,590 | $11.2M | Add +0.3% |
| HD Home Depot Inc. | 0.28% | 31,539 | $10.9M | Reduce -0.1% |
| MRK Merck & Co. Inc. | 0.26% | 80,604 | $10.0M | Add +0.2% |
| ABBV Abbvie Inc. | 0.25% | 56,197 | $9.6M | Add +0.3% |
| NFLX Netflix Inc. | 0.24% | 13,713 | $9.3M | Reduce -0.1% |
| WMT Walmart Inc. | 0.24% | 135,941 | $9.2M | Add +0.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.22% | 216,521 | $8.6M | Reduce -0.9% |
| CVX Chevron Corp. | 0.22% | 54,545 | $8.5M | Reduce -0.9% |
| AMD Advanced Micro Devices | 0.22% | 51,437 | $8.3M | Add +0.3% |
| CRM Salesforce Inc. | 0.21% | 30,909 | $7.9M | Add +0.6% |
| ADBE Adobe Inc. | 0.20% | 14,257 | $7.9M | Reduce -0.6% |
| KO The Coca-Cola Co. | 0.20% | 123,386 | $7.9M | Reduce -0.1% |
| CDNS Cadence Design SYS Inc. | 0.19% | 24,425 | $7.5M | Add +0.1% |
| PEP Pepsico Inc. | 0.19% | 43,751 | $7.2M | Add +0.3% |
| ORCL Oracle Corp. | 0.19% | 50,732 | $7.2M | Add +0.3% |
| QCOM Qualcomm Inc. | 0.18% | 35,578 | $7.1M | Add +0.5% |
| TMO Thermo Fisher Scientific Inc. | 0.17% | 12,147 | $6.7M | Reduce -0.9% |
| WFC Wells Fargo & Co. | 0.17% | 110,947 | $6.6M | Reduce -2.9% |
| ADI Analog Devices Inc. | 0.17% | 28,596 | $6.5M | Add +0.2% |
| AMAT Applied Materials Inc. | 0.16% | 26,442 | $6.2M | Add +0.1% |
| CSCO Cisco Systems Inc. | 0.16% | 128,861 | $6.1M | Reduce -0.1% |
| INTU Intuit Inc. | 0.15% | 8,911 | $5.9M | Add +0.3% |
| MCD McDonald's Corp. | 0.15% | 22,935 | $5.8M | Reduce -0.4% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.15% | 58,016 | $5.8M | Reduce -0.3% |
| ABT Abbott Laboratories | 0.15% | 55,362 | $5.8M | Add +0.5% |
| MAC The Macerich Co. | 0.15% | 371,908 | $5.7M | No change |
| TXN Texas Instruments Inc. | 0.15% | 28,975 | $5.6M | Add +0.4% |
| GE General Electric filed as GE AEROSPACE | 0.14% | 34,835 | $5.5M | Add +0.9% |
| VZ Verizon Communications Inc. | 0.14% | 133,954 | $5.5M | Add +0.4% |
| AMGN Amgen Inc. | 0.14% | 17,072 | $5.3M | Add +0.6% |
| DHR Danaher Corp. | 0.14% | 20,979 | $5.2M | Add +0.5% |
| CAT Caterpillar Inc. | 0.13% | 15,564 | $5.2M | Reduce -3.6% |
| NOW ServiceNow Inc. | 0.13% | 6,524 | $5.1M | Add +0.3% |
| FNV Franco-Nevada Corp. | 0.13% | 42,728 | $5.1M | Add +7.4% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.13% | 29,233 | $5.1M | Add +0.7% |
| PFE Pfizer Inc. | 0.13% | 180,333 | $5.0M | Add +0.7% |
| ISRG Intuitive Surgical Inc. | 0.13% | 11,289 | $5.0M | Add +1.0% |
| CMCSA Comcast Corp. Class A | 0.13% | 124,564 | $4.9M | Reduce -0.9% |
| UBER Uber Technologies Inc. | 0.13% | 66,497 | $4.8M | Add +1.8% |
| GS Goldman Sachs Group Inc. | 0.12% | 10,262 | $4.6M | Reduce -0.8% |
| MU Micron Technology Inc. | 0.12% | 35,240 | $4.6M | Add +0.6% |
| NEE Nextera Energy Inc. | 0.12% | 65,383 | $4.6M | Add +0.4% |
| SPGI S&P Global Inc. | 0.12% | 10,187 | $4.5M | Reduce -0.1% |
| LRCX Lam Research Corp. | 0.11% | 4,161 | $4.4M | Add +0.0% |
| HON Honeywell International Inc. | 0.11% | 20,723 | $4.4M | Reduce -0.9% |
| UNP Union Pacific Corp. | 0.11% | 19,417 | $4.4M | Add +0.3% |
| P Everpure Inc. Class A filed as PURE STORAGE INC | 0.11% | 68,204 | $4.4M | Add +3.0% |
| T AT&T Inc. | 0.11% | 228,182 | $4.4M | Add +0.6% |
| CSL Carlisle Cos Inc. | 0.11% | 10,596 | $4.3M | Reduce -2.2% |
| BKNG Booking Holdings Inc. | 0.11% | 1,080 | $4.3M | Reduce -2.4% |
| COP Conocophillips | 0.11% | 37,219 | $4.3M | Reduce -0.4% |
| RTX RTX Corp. | 0.11% | 42,310 | $4.2M | Add +0.5% |
| INTC Intel Corp. | 0.11% | 135,474 | $4.2M | Add +1.0% |
| AXP American Express Co. | 0.11% | 18,084 | $4.2M | Reduce -0.3% |
| WSM Williams-Sonoma Inc. | 0.10% | 14,340 | $4.0M | Add +0.2% |
| LOW Lowe's Cos Inc. | 0.10% | 18,209 | $4.0M | Reduce -0.2% |
| ELV Elevance Health Inc. | 0.10% | 7,396 | $4.0M | Reduce -0.8% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.10% | 36,040 | $4.0M | Reduce -0.3% |
| PGR Progressive Corp. | 0.10% | 18,640 | $3.9M | Add +0.4% |
| MS Morgan Stanley | 0.10% | 39,823 | $3.9M | Add +0.2% |
| C Citigroup Inc. | 0.10% | 60,701 | $3.9M | Add +0.5% |
| VRTX Vertex Pharmaceuticals Inc. | 0.10% | 8,213 | $3.8M | Add +0.4% |
| EME Emcor Group Inc. | 0.10% | 10,489 | $3.8M | Reduce -0.0% |
| LII Lennox International Inc. | 0.10% | 7,156 | $3.8M | Add +0.2% |
| ILMN Illumina Inc. | 0.10% | 35,555 | $3.7M | Add +605.6% |
| SYK Stryker Corp. | 0.10% | 10,789 | $3.7M | Add +0.6% |
| RS Reliance Inc. | 0.09% | 12,817 | $3.7M | Reduce -0.0% |
| BSX Boston Scientific Corp. | 0.09% | 46,787 | $3.6M | Add +0.7% |
| REGN Regeneron Pharmaceuticals | 0.09% | 3,375 | $3.5M | Add +0.7% |
| KLAC KLA Corp. | 0.09% | 4,285 | $3.5M | Reduce -0.1% |
| SCHW Schwab (charles) Corp. | 0.09% | 47,511 | $3.5M | Add +0.6% |
| BLK BlackRock Finance Inc. | 0.09% | 4,446 | $3.5M | Add +0.2% |
| BMRN Biomarin Pharmaceutical Inc. | 0.09% | 42,379 | $3.5M | New |
| PANW Palo Alto Networks Inc. | 0.09% | 10,283 | $3.5M | Add +2.8% |
Portfolio Sells Q1 2024 → Q2 2024
| IVV iShares Core S&P 500 ETF | Reduce -40.8% | 2.99% | −1.91 |
| VOO Vanguard S&P 500 ETF | Reduce -5.3% | 11.76% | −0.29 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -2.2% | 4.01% | −0.22 |
| VST Vistra Corp. | Reduce -86.1% | 0.02% | −0.11 |
| GDDY GoDaddy Inc. Class A | Reduce -85.7% | 0.02% | −0.08 |
| SWAV Shockwave Medical Inc. | Sold out | 0.00% | −0.07 |
| AGG iShares Core U.S. Aggregate | Reduce -4.8% | 0.84% | −0.06 |
| PXD Pioneer Natural Resources Co. | Sold out | 0.00% | −0.05 |
| DIS The Walt Disney Co. | Reduce -0.3% | 0.15% | −0.04 |
| HD Home Depot Inc. | Reduce -0.1% | 0.28% | −0.04 |
| MA Mastercard Inc. Class A | Reduce -0.2% | 0.30% | −0.03 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.2% | 0.61% | −0.03 |
| KORE GROUP HLDGS INC | Sold out | 0.00% | −0.03 |
| AIRC Apartment Income REIT Co. | Sold out | 0.00% | −0.03 |
| V Visa Inc. Class A | Reduce -0.2% | 0.34% | −0.03 |
| CLF Cleveland-Cliffs Inc. | Reduce -4.5% | 0.04% | −0.02 |
| LECO Lincoln Electric Holdings | Reduce -0.4% | 0.06% | −0.02 |
| BMY Bristol-Myers Squibb Co. | Reduce -0.1% | 0.07% | −0.02 |
| CAT Caterpillar Inc. | Reduce -3.6% | 0.13% | −0.02 |
| NKE Nike Inc. Class B | Reduce -0.2% | 0.08% | −0.02 |
| MCD McDonald's Corp. | Reduce -0.4% | 0.15% | −0.02 |
| LOW Lowe's Cos Inc. | Reduce -0.2% | 0.10% | −0.02 |
| RS Reliance Inc. | Reduce -0.0% | 0.09% | −0.02 |
| LSCC Lattice Semiconductor Corp. | Reduce -0.3% | 0.05% | −0.02 |
| GO Grocery Outlet Holding Corp. | Sold out | 0.00% | −0.02 |
| CMCSA Comcast Corp. Class A | Reduce -0.9% | 0.13% | −0.02 |
| WEX Wex Inc. | Reduce -1.9% | 0.04% | −0.02 |
| PENN Penn Entertainment Inc. | Sold out | 0.00% | −0.02 |
| FBIN Fortune Brands Innovations I | Reduce -0.7% | 0.05% | −0.02 |
| LEG Leggett & Platt Inc. | Sold out | 0.00% | −0.01 |
| WERN Werner Enterprises Inc. | Sold out | 0.00% | −0.01 |
| PVH PVH Corp. | Reduce -5.0% | 0.03% | −0.01 |
| COP Conocophillips | Reduce -0.4% | 0.11% | −0.01 |
| IART Integra Lifesciences Holding | Sold out | 0.00% | −0.01 |
| FLG New York Community Bancorp | Sold out | 0.00% | −0.01 |
| FOXF Fox Factory Holding Corp. | Sold out | 0.00% | −0.01 |
| TMO Thermo Fisher Scientific Inc. | Reduce -0.9% | 0.17% | −0.01 |
| CABO Cable One Inc. | Sold out | 0.00% | −0.01 |
| MPC Marathon Petroleum Corp. | Reduce -4.0% | 0.05% | −0.01 |
| CI The Cigna Group | Reduce -2.6% | 0.08% | −0.01 |
| LEA Lear Corp. | Reduce -0.4% | 0.04% | −0.01 |
| SHW The Sherwin-Williams Co. | Reduce -0.6% | 0.06% | −0.01 |
| BC Brunswick Corp. | Reduce -1.8% | 0.03% | −0.01 |
| SSD Simpson Manufacturing Co. Inc. | Reduce -1.1% | 0.04% | −0.01 |
| CSCO Cisco Systems Inc. | Reduce -0.1% | 0.16% | −0.01 |
| AGCO Agco Corp. | Reduce -0.3% | 0.04% | −0.01 |
| PYPL PayPal Holdings Inc. | Reduce -2.1% | 0.05% | −0.01 |
| TOL Toll Brothers Inc. | Reduce -0.1% | 0.07% | −0.01 |
| RPM RPM International Inc. | Reduce -0.0% | 0.08% | −0.01 |
| CG The Carlyle Group Inc. | Reduce -0.2% | 0.05% | −0.01 |
Portfolio Buys Q1 2024 → Q2 2024
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | New | 0.84% | +0.84 |
| EFA iShares MSCI Eafe ETF | Add +9.2% | 9.74% | +0.55 |
| IJH iShares Core S&P Midcap ETF | Add +9.2% | 7.43% | +0.29 |
| MSFT Microsoft Corp. | Add +0.3% | 2.73% | +0.14 |
| IJR iShares Core S&P Small-Cap E | Add +6.1% | 10.38% | +0.14 |
| BMRN Biomarin Pharmaceutical Inc. | New | 0.09% | +0.09 |
| AMZN Amazon.com Inc. | Add +0.5% | 1.46% | +0.09 |
| SRPT Sarepta Therapeutics Inc. | New | 0.09% | +0.09 |
| RBA RB Global Inc. | New | 0.08% | +0.08 |
| LLY Eli Lilly & Co. | Add +0.4% | 0.60% | +0.08 |
| TPL Texas Pacific Land Corp. | New | 0.08% | +0.08 |
| ILMN Illumina Inc. | Add +605.6% | 0.10% | +0.08 |
| CRWD CrowdStrike Holdings Inc. Class A | New | 0.07% | +0.07 |
| KKR KKR & Co. Inc. | New | 0.06% | +0.06 |
| TSLA Tesla Inc. | Add +0.4% | 0.45% | +0.05 |
| DUOL Duolingo | New | 0.04% | +0.04 |
| XOM Exxon Mobil Corp. | Add +13.3% | 0.43% | +0.04 |
| COST Costco Wholesale Corp. | Add +0.2% | 0.31% | +0.04 |
| AAON Aaon Inc. | New | 0.03% | +0.03 |
| RYAN Ryan Specialty Holdings Inc. | New | 0.03% | +0.03 |
| NXT Nextpower Inc. | New | 0.03% | +0.03 |
| ALTR Altair Engineering Inc. Class A | New | 0.03% | +0.03 |
| QCOM Qualcomm Inc. | Add +0.5% | 0.18% | +0.03 |
| WMG Warner Music Group Corp. Class A | New | 0.03% | +0.03 |
| WMT Walmart Inc. | Add +0.1% | 0.24% | +0.02 |
| XRAY Dentsply Sirona Inc. | Add +589.2% | 0.03% | +0.02 |
| P Everpure Inc. Class A | Add +3.0% | 0.11% | +0.02 |
| ADI Analog Devices Inc. | Add +0.2% | 0.17% | +0.02 |
| ORCL Oracle Corp. | Add +0.3% | 0.19% | +0.02 |
| AMAT Applied Materials Inc. | Add +0.1% | 0.16% | +0.02 |
| GME Gamestop Corp. Class A | Add +0.4% | 0.04% | +0.02 |
| CHRD Chord Energy Corp. | Add +50.7% | 0.06% | +0.02 |
| PANW Palo Alto Networks Inc. | Add +2.8% | 0.09% | +0.02 |
| TXN Texas Instruments Inc. | Add +0.4% | 0.15% | +0.01 |
| SNX TD Synnex Corp. | Add +36.3% | 0.05% | +0.01 |
| ISRG Intuitive Surgical Inc. | Add +1.0% | 0.13% | +0.01 |
| ANET Arista Networks Inc. | Add +1.0% | 0.07% | +0.01 |
| MU Micron Technology Inc. | Add +0.6% | 0.12% | +0.01 |
| AMGN Amgen Inc. | Add +0.6% | 0.14% | +0.01 |
| NEE Nextera Energy Inc. | Add +0.4% | 0.12% | +0.01 |
| CRUS Cirrus Logic Inc. | Add +0.1% | 0.04% | +0.01 |
| ONTO Onto Innovation Inc. | Add +0.5% | 0.06% | +0.01 |
| OLED Universal Display Corp. | Add +0.2% | 0.05% | +0.01 |
| VRTX Vertex Pharmaceuticals Inc. | Add +0.4% | 0.10% | +0.01 |
| BSX Boston Scientific Corp. | Add +0.7% | 0.09% | +0.01 |
| APH Amphenol Corp. Class A | Add +0.4% | 0.07% | +0.01 |
| LRCX Lam Research Corp. | Add +0.0% | 0.11% | +0.01 |
| COHR Coherent Corp. | Add +0.5% | 0.06% | +0.01 |
| T AT&T Inc. | Add +0.6% | 0.11% | +0.01 |
| WELL Welltower Inc. | Add +8.3% | 0.05% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 879 | $8.5B | EFA, IVV, IJR, IJH, VOO |
| Q1 2026 | 873 | $6.6B | EFA, IVV, IJR, IJH, LQD |
| Q4 2025 | 877 | $8.6B | EFA, IVV, IJR, IJH, VOO |
| Q3 2025 | 877 | $6.9B | EFA, IVV, IJH, VOO, IJR |
| Q2 2025 | 879 | $6.5B | EFA, IVV, IJR, IJH, VOO |
| Q1 2025 | 876 | $6.3B | EFA, IVV, IJR, IJH, VOO |
| Q4 2024 | 875 | $4.5B | EFA, IJR, IVV, IJH, VOO |
| Q3 2024 | 874 | $4.3B | EFA, IJR, IVV, IJH, VOO |
| Q2 2024 | 876 | $3.9B | VOO, IJR, EFA, IJH, IEFA |
| Q1 2024 | 877 | $3.8B | VOO, IJR, EFA, IJH, IVV |