Index giant

Northern Trust Corp

13F for June 30, 2026, filed August 13, 2026 · SEC CIK 73124

Reported value: $859.8bn
Positions we cover: 3,711
Copy, a year: +14.1%
Copy Sharpe ratio: 0.77

How copying its 13F would have done

CopyS&P 500 $10,000 copying Northern Trust Corp's filed holdings in companies we cover from August 16, 2013, buying on the first trading day after each 13F was filed and holding until the next, against the S&P 500 (total return). Marked weekly, log scale. Before costs and taxes; misses trading within each quarter and anything 13F does not show (shorts, cash, bonds, non-US holdings).

Biggest drop −32.5% (S&P 500 −31.8%); beta 1.01; alpha −0.1% a year (t = −0.36); last 12 months +11.8% against +12.1%.

Reported value by quarter

Northern Trust Corp: 13F reported value Total value of all positions in each quarter's 13F, as filed (values before 2023 were filed in thousands of dollars and are converted).

View chart data

Period	Reported value
2013-06-30	$273.6B
2013-09-30	$281.4B
2013-12-31	$309.2B
2014-03-31	$314.6B
2014-06-30	$320.7B
2014-09-30	$318.4B
2014-12-31	$331.2B
2015-03-31	$332.5B
2015-06-30	$331.9B
2015-09-30	$299B
2015-12-31	$301B
2016-03-31	$300.8B
2016-06-30	$307.3B
2016-09-30	$320.3B
2016-12-31	$325.2B
2017-03-31	$346B
2017-06-30	$356.7B
2017-09-30	$382.7B
2017-12-31	$393.8B
2018-03-31	$383.3B
2018-06-30	$392.7B
2018-09-30	$408.6B
2018-12-31	$356.5B
2019-03-31	$404.9B
2019-06-30	$421.6B
2019-09-30	$417.7B
2019-12-31	$446.8B
2020-03-31	$348.3B
2020-06-30	$422.1B
2020-09-30	$456B
2020-12-31	$513.4B
2021-03-31	$537.6B
2021-06-30	$567.7B
2021-09-30	$565B
2021-12-31	$610.4B
2022-03-31	$568.4B
2022-06-30	$466.9B
2022-09-30	$437.8B
2022-12-31	$476.5T
2023-03-31	$504.4B
2023-06-30	$520.4B
2023-09-30	$516.3B
2023-12-31	$552.4B
2024-03-31	$578.7B
2024-06-30	$593.3B
2024-09-30	$610.7B
2024-12-31	$706.2B
2025-03-31	$673.6B
2025-06-30	$727.2B
2025-09-30	$781.7B
2025-12-31	$784.4B
2026-03-31	$756.6B
2026-06-30	$859.8B

Latest covered holdings and moves

Covered holdings as of June 30, 2026.

Company	Share of portfolio	Value	Shares	Change in shares
NVDANVIDIA Corporation	5.84%	$50.2bn	251.04M	−0.7% Reduced
AAPLApple Inc.	5.31%	$45.7bn	157.79M	−0.9% Reduced
MSFTMicrosoft Corporation	3.41%	$29.3bn	78.66M	−1.3% Reduced
GOOGLAlphabet Inc. (Class A)	2.72%	$23.4bn	65.52M	+0.8% Added
AMZNAmazon	2.62%	$22.5bn	94.58M	−0.6% Reduced
AVGOBroadcom	2.12%	$18.2bn	48.19M	+1.2% Added
MUMicron Technology	1.45%	$12.5bn	10.81M	+3.9% Added
METAMeta Platforms	1.44%	$12.3bn	21.90M	−0.4%
TSLATesla, Inc.	1.26%	$10.9bn	25.82M	+0.6% Added
LLYLilly (Eli)	1.23%	$10.6bn	8.80M	−0.3%
JPMJPMorgan Chase	1.17%	$10.0bn	30.68M	−1.7% Reduced
AMDAdvanced Micro Devices	1.13%	$9.7bn	16.69M	+1.6% Added
JNJJohnson & Johnson	0.85%	$7.3bn	28.79M	−1.8% Reduced
AMATApplied Materials	0.75%	$6.4bn	8.87M	+0.9% Added
LRCXLam Research	0.71%	$6.1bn	14.01M	−1.2% Reduced
CATCaterpillar Inc.	0.70%	$6.0bn	5.66M	−0.3%
VVisa Inc.	0.70%	$6.0bn	17.46M	−1.1% Reduced
INTCIntel	0.69%	$6.0bn	42.82M	−4.6% Reduced
CSCOCisco	0.63%	$5.4bn	46.01M	−2.9% Reduced
ABBVAbbVie	0.60%	$5.2bn	20.56M	−3.1% Reduced
WMTWalmart	0.54%	$4.6bn	40.99M	−1.9% Reduced
KLACKLA Corporation	0.54%	$4.6bn	15.35M	+876.2% Added
COSTCostco	0.53%	$4.5bn	4.84M	−1.9% Reduced
MAMastercard	0.51%	$4.4bn	8.51M	−2.1% Reduced
PGProcter & Gamble	0.46%	$3.9bn	26.79M	−1.2% Reduced
HDThe Home Depot	0.45%	$3.9bn	11.07M	−2.4% Reduced
GEGE Aerospace	0.44%	$3.8bn	10.15M	−1.1% Reduced
UNHUnitedHealth Group	0.42%	$3.6bn	8.76M	−0.2%
BACBank of America	0.41%	$3.6bn	62.47M	−1.1% Reduced
MRKMerck & Co.	0.39%	$3.4bn	26.28M	−3.0% Reduced
GEVGE Vernova	0.38%	$3.3bn	2.80M	+0.5%
CVXChevron Corporation	0.37%	$3.2bn	19.35M	−4.6% Reduced
KOThe Coca-Cola Company	0.37%	$3.2bn	38.86M	−3.4% Reduced
GSGoldman Sachs	0.36%	$3.1bn	3.05M	−3.3% Reduced
ITWIllinois Tool Works	0.35%	$3.0bn	11.06M	−1.3% Reduced
PANWPalo Alto Networks	0.35%	$3.0bn	8.76M	+0.9% Added
NFLXNetflix	0.35%	$3.0bn	41.81M	−1.9% Reduced
TSMTaiwan Semiconductor Manufacturing Co LTD	0.34%	$3.0bn	6.18M	−5.0% Reduced
SNDKSandisk	0.34%	$2.9bn	1.27M	+3.2% Added
IBMIBM	0.34%	$2.9bn	10.23M	−0.7% Reduced
TXNTexas Instruments	0.33%	$2.8bn	9.39M	−1.4% Reduced
ORCLOracle Corporation	0.32%	$2.7bn	18.76M	−0.2%
MSMorgan Stanley	0.30%	$2.6bn	12.51M	−2.4% Reduced
MRVLMarvell Technology	0.30%	$2.6bn	8.56M	+24.7% Added
CCitigroup	0.30%	$2.5bn	18.22M	−3.5% Reduced
PMPhilip Morris International	0.29%	$2.5bn	13.97M	−3.2% Reduced
WFCWells Fargo	0.29%	$2.5bn	30.46M	−2.5% Reduced
PLTRPalantir Technologies Inc.	0.28%	$2.4bn	20.72M	−0.9% Reduced
APHAmphenol	0.28%	$2.4bn	13.46M	−0.1%
WDCWestern Digital	0.27%	$2.3bn	3.66M	+1.6% Added
LINLinde plc	0.27%	$2.3bn	4.40M	−1.6% Reduced
RTXRTX Corporation	0.27%	$2.3bn	12.03M	−0.7% Reduced
ADIAnalog Devices	0.26%	$2.3bn	5.72M	+8.8% Added
AMGNAmgen	0.26%	$2.2bn	6.20M	−0.3%
GLWCorning Inc.	0.25%	$2.2bn	8.43M	−3.1% Reduced
MCDMcDonald's	0.25%	$2.1bn	7.92M	−3.7% Reduced
WELLWelltower	0.24%	$2.1bn	9.29M	+3.3% Added
AXPAmerican Express	0.24%	$2.1bn	6.20M	−1.5% Reduced
QCOMQualcomm	0.24%	$2.1bn	11.30M	−4.2% Reduced
TJXTJX Companies	0.23%	$2.0bn	13.22M	−3.0% Reduced
PEPPepsiCo	0.23%	$1.9bn	14.31M	−3.6% Reduced
NEENextEra Energy	0.22%	$1.9bn	21.79M	−1.7% Reduced
DISThe Walt Disney Company	0.22%	$1.9bn	19.55M	−2.0% Reduced
VZVerizon	0.22%	$1.9bn	43.83M	−1.1% Reduced
ETNEaton Corporation	0.21%	$1.8bn	4.34M	−1.0% Reduced
STXSeagate Technology	0.21%	$1.8bn	1.90M	+0.3%
CRWDCrowdStrike	0.21%	$1.8bn	2.35M	−0.2%
UNPUnion Pacific Corporation	0.21%	$1.8bn	6.53M	−2.2% Reduced
PLDPrologis	0.21%	$1.8bn	13.09M	+1.1% Added
GILDGilead Sciences	0.20%	$1.7bn	13.83M	+0.1%
ANETArista Networks	0.20%	$1.7bn	10.14M	0.0%
DEDeere & Company	0.20%	$1.7bn	2.64M	−2.6% Reduced
TMOThermo Fisher Scientific	0.19%	$1.7bn	3.33M	−2.5% Reduced
ABTAbbott Laboratories	0.19%	$1.7bn	18.27M	−5.8% Reduced
EQIXEquinix	0.19%	$1.6bn	1.55M	+3.1% Added
BKNGBooking Holdings	0.18%	$1.5bn	8.69M	+2331.4% Added
SCHWCharles Schwab Corporation	0.17%	$1.5bn	15.95M	−2.5% Reduced
ASMLAsml Holding NV	0.17%	$1.5bn	733.5K	−0.4%
BLKBlackRock	0.17%	$1.4bn	1.50M	−2.1% Reduced
BMYBristol Myers Squibb	0.17%	$1.4bn	24.92M	+0.6% Added
TAT&T	0.17%	$1.4bn	69.31M	+0.9% Added
PFEPfizer	0.17%	$1.4bn	59.08M	−4.7% Reduced
CRMSalesforce	0.16%	$1.4bn	8.99M	−12.2% Reduced
BABoeing	0.16%	$1.4bn	6.50M	+0.4%
ISRGIntuitive Surgical	0.16%	$1.4bn	3.51M	+0.2%
LOWLowe's	0.15%	$1.3bn	6.01M	−2.2% Reduced
DHRDanaher Corporation	0.15%	$1.3bn	6.93M	−2.2% Reduced
ADPAutomatic Data Processing	0.15%	$1.3bn	5.81M	−3.2% Reduced
CMICummins	0.15%	$1.3bn	1.77M	+2.9% Added
PGRProgressive Corporation	0.15%	$1.3bn	5.78M	−1.1% Reduced
SBUXStarbucks	0.15%	$1.3bn	12.31M	+0.3%
VRTVertiv	0.14%	$1.2bn	3.70M	+3.3% Added
COFCapital One	0.14%	$1.2bn	6.16M	−3.8% Reduced
APPApplovin Corp	0.14%	$1.2bn	2.40M	−0.4%
VRTXVertex Pharmaceuticals	0.14%	$1.2bn	2.49M	−3.0% Reduced
COPConocoPhillips	0.14%	$1.2bn	11.85M	−5.7% Reduced
UBERUber	0.14%	$1.2bn	16.92M	−9.2% Reduced
PHParker Hannifin	0.14%	$1.2bn	1.25M	+0.1%
TTTrane Technologies	0.14%	$1.2bn	2.46M	−1.8% Reduced
SPGIS&P Global	0.14%	$1.2bn	2.97M	−2.4% Reduced
NEMNewmont	0.14%	$1.2bn	12.85M	−0.5%
DELLDell Technologies	0.14%	$1.2bn	2.77M	−7.1% Reduced
CVSCVS Health	0.14%	$1.2bn	11.47M	−1.5% Reduced
GDGeneral Dynamics	0.14%	$1.2bn	3.34M	−0.9% Reduced
CBChubb Limited	0.14%	$1.2bn	3.46M	−3.3% Reduced
BNYBNY Mellon	0.13%	$1.2bn	7.96M	−4.4% Reduced
SPGSimon Property Group	0.13%	$1.1bn	5.07M	+1.4% Added
MOAltria	0.13%	$1.1bn	15.60M	−2.7% Reduced
PWRQuanta Services	0.13%	$1.1bn	1.55M	−0.4%
PNCPNC Financial Services	0.13%	$1.1bn	4.50M	+3.6% Added
NOWServiceNow	0.13%	$1.1bn	10.99M	+1.4% Added
MCKMcKesson	0.13%	$1.1bn	1.44M	−1.4% Reduced
CDNSCadence Design Systems Inc	0.13%	$1.1bn	2.85M	−1.3% Reduced
SYKStryker Corporation	0.12%	$1.0bn	3.33M	+0.7% Added
USBU.S. Bancorp	0.12%	$1.0bn	17.14M	+1.3% Added
CTVACorteva, Inc.	0.12%	$1.0bn	12.07M	−3.3% Reduced
HWMHowmet Aerospace	0.12%	$1.0bn	3.74M	+0.7% Added
LMTLockheed Martin	0.12%	$999.1m	1.96M	+1.0% Added
DLRDigital Realty	0.12%	$996.5m	5.55M	+0.4%
WMBWilliams Companies	0.12%	$991.4m	13.34M	−0.7% Reduced
NTRSNorthern Trust	0.11%	$965.6m	5.55M	−5.5% Reduced
FTNTFortinet	0.11%	$964.6m	6.28M	+0.9% Added
FCXFreeport-McMoRan	0.11%	$941.4m	14.97M	−0.1%
SOSouthern Company	0.11%	$933.7m	9.76M	−0.7% Reduced
TRVThe Travelers Companies	0.11%	$929.1m	2.81M	−7.0% Reduced
ADBEAdobe Inc.	0.11%	$928.3m	4.53M	−4.7% Reduced
JCIJohnson Controls	0.11%	$924.9m	6.33M	−1.8% Reduced
DUKDuke Energy	0.11%	$916.9m	7.24M	−1.6% Reduced
MMM3M	0.11%	$911.3m	5.63M	0.0%
MDTMedtronic	0.11%	$909.6m	11.63M	−3.4% Reduced
ACNAccenture	0.10%	$900.0m	7.23M	−2.0% Reduced
CSXCSX Corporation	0.10%	$895.3m	18.84M	−0.2%
CMCSAComcast	0.10%	$885.1m	36.05M	−0.8% Reduced
APDAir Products	0.10%	$880.7m	3.00M	−2.0% Reduced
SHWSherwin-Williams	0.10%	$879.2m	2.55M	−1.7% Reduced
EMREmerson Electric	0.10%	$877.1m	6.13M	−2.3% Reduced
ADMArcher Daniels Midland	0.10%	$875.1m	11.45M	−5.3% Reduced
VLOValero Energy	0.10%	$851.4m	3.27M	+1.0% Added
WMWaste Management	0.10%	$837.9m	3.76M	−3.8% Reduced
ICEIntercontinental Exchange	0.10%	$835.7m	6.79M	−2.1% Reduced
PCARPaccar	0.10%	$831.1m	6.92M	+0.2%
GWWW. W. Grainger	0.10%	$823.1m	605.0K	−2.3% Reduced
NSCNorfolk Southern	0.10%	$822.5m	2.61M	−0.9% Reduced
AMTAmerican Tower	0.10%	$821.7m	5.02M	−5.9% Reduced
ELVElevance Health	0.10%	$817.9m	2.11M	−2.0% Reduced
BXBlackstone Inc.	0.10%	$816.1m	6.94M	−2.9% Reduced
MRSHMarsh McLennan	0.10%	$814.7m	4.89M	−1.5% Reduced
INTUIntuit	0.10%	$814.0m	3.12M	−6.5% Reduced
SNPSSynopsys Inc	0.09%	$810.7m	1.82M	−5.6% Reduced
MPCMarathon Petroleum	0.09%	$799.2m	3.13M	−1.6% Reduced

Company	Bought (value)	Shares
KLACKLA Corporation	$4.2bn	13.77M
BKNGBooking Holdings	$1.5bn	8.33M
HONAHoneywell Aerospace	$586.4m	2.65M
HONHoneywell Technologies	$568.0m	2.54M
MRVLMarvell Technology	$504.5m	1.69M
SPCXSpace Exploration Technologies Corp	$475.5m	2.78M
MUMicron Technology	$472.0m	408.9K
CCLCarnival Corporation	$337.5m	11.81M
CVNACarvana	$326.2m	4.96M
DDDuPont	$217.3m	1.60M
AVGOBroadcom	$214.1m	566.8K
DVNDevon Energy	$211.7m	5.12M
GOOGLAlphabet Inc. (Class A)	$190.6m	533.3K
ADIAnalog Devices	$182.8m	460.2K
AMDAdvanced Micro Devices	$152.4m	262.4K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

Company	Sold (value)	Shares
AAPLApple Inc.	−$428.3m	−1.48M
MSFTMicrosoft Corporation	−$385.5m	−1.03M
NVDANVIDIA Corporation	−$340.0m	−1.70M
INTCIntel	−$288.7m	−2.07M
CRMSalesforce	−$195.5m	−1.25M
BEBloom Energy	−$190.9m	−630.7K
JPMJPMorgan Chase	−$178.0m	−543.8K
ABBVAbbVie	−$164.3m	−652.9K
CRDOCredo Technology Group Holding Ltd	−$163.8m	−602.2K
CSCOCisco	−$159.1m	−1.35M
TSMTaiwan Semiconductor Manufacturing Co LTD	−$155.1m	−324.7K
CVXChevron Corporation	−$153.0m	−922.8K
JNJJohnson & Johnson	−$134.0m	−527.6K
AMZNAmazon	−$129.9m	−545.0K
UBERUber	−$123.4m	−1.71M

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

Company	Value last quarter	Shares
BNTXBiontech SE	$1.4m	16.2K
OTFBlue Owl Technology Finance Corp.	$1.4m	112.4K
CGENCompugen LTD	$1.4m	650.9K
NNOXNano-x Imaging Ltd.	$1.2m	524.3K
MDXHMdxhealth SA	$1.1m	494.5K
SILCSilicom LTD.	$879,870	41.7K
ACIUAC Immune SA	$765,911	278.5K
MXCMexco Energy Corp	$585,810	57.3K
FVRRFiverr International Ltd.	$525,369	52.4K
PRQRProqr Therapeutics N.V.	$471,929	291.3K
AXRAmrep Corp.	$449,940	16.0K
AFCGAdvanced Flower Capital Inc.	$426,207	151.1K
TISITeam Inc	$381,429	23.9K
NUAINew ERA Energy & Digital, Inc.	$368,717	90.8K
CODACoda Octopus Group, Inc.	$304,615	27.0K
WFCFWhere Food Comes From, Inc.	$227,175	17.1K
TCBSTexas Community Bancshares, Inc.	$218,420	12.5K
CRGOFreightos Ltd	$214,994	131.1K
BHMBluerock Homes Trust, Inc.	$213,704	18.8K
BSBKBogota Financial Corp.	$208,505	24.5K
GTEGran Tierra Energy Inc.	$165,165	18.4K
STVNStevanato Group S.p.a.	$163,557	11.9K
ENTXEntera Bio Ltd.	$163,008	146.9K
RDCMRadcom LTD	$149,313	12.3K
CMBTCmb.tech NV	$130,599	10.3K
SLNGStabilis Solutions, Inc.	$128,172	28.7K
CSTECaesarstone Ltd.	$123,781	115.7K
MRDNMeridian Holdings Inc.	$102,155	14.1K
SCMStellus Capital Investment Corp	$93,694	10.2K
VGASVerde Clean Fuels, Inc.	$87,432	51.7K

Technology37.3%
Financials11.6%
Industrials10.7%
Health Care9.9%
Consumer Discretionary9.3%
Communication Services6.9%
Consumer Staples4.5%
Real Estate2.9%
Materials2.4%
Energy2.4%
Utilities2.1%

Share of the value held in companies we cover, by sector.

Period	Copy, a year	S&P 500	Sharpe	S&P 500	Biggest drop	Beta
Whole backtestAugust 16, 2013 to November 2, 2026	+14.1%	+14.1%	0.77	0.78	−32.5%	1.01
2018 onwardsJanuary 5, 2018 to November 2, 2026	+13.4%	+13.9%	0.63	0.66	−32.5%	1.01
Last three yearsNovember 3, 2023 to November 2, 2026	+20.5%	+21.8%	1.09	1.16	−17.2%	0.99
Last yearNovember 7, 2025 to November 2, 2026	+13.8%	+14.2%	0.84	0.84	−8.6%	0.94

From SEC Form 13F data sets. A 13F lists long positions in US-listed shares at the quarter's end, filed up to 45 days later; it does not show shorts, cash, bonds, non-US holdings or trades within the quarter. Positions in companies outside our coverage are not listed here. Research, not investment advice.