undamentalytics Newsletter

Northern Trust: which funds bought and sold

Institutions that bought and sold Northern Trust shares in Q2 2026, from the holdings they reported to the SEC on Form 13F for March 31, 2026 and June 30, 2026.

Between March 31, 2026 and June 30, 2026, 490 institutions that filed 13F reports for both quarters added to or opened positions in Northern Trust, and 401 cut or closed them. Together they sold a net 2.5M shares, −1.6% on what they held at the start of the quarter. Active managers and hedge funds on our list were net sellers of 2.3M shares (−5.7%); index fund managers were net sellers of 214K shares (−0.4%). 124 opened a new position and 70 sold out entirely.

Bought, Q2 2026 490 institutions, 124 of them new holders Sold, Q2 2026 401 institutions, 70 of them sold out
Net change, all compared −2.5M shares (−1.6%)
Net change, active managers −2.3M shares (−5.7%), 38 bought, 42 sold

Buyers versus sellers

institutions compared, 1,071
Active managers and hedge funds 38 bought · 42 sold · −2.3M
Index fund managers 3 bought · 9 sold · −214K
Other institutions 449 bought · 350 sold · +23K

Biggest buyers

by change in shares held
Biggest buyers
Institution Change in shares Shares June 30, 2026 Value
Man Group PLC Hedge fund +654K +334.8% 850K $148M
Jacobs Levy Equity Management, Inc Active manager +574K +170.5% 910K $158M
Australiansuper Pty Ltd +479K +1125.2% 522K $90.7M
AQR Capital Management LLC Hedge fund +453K +18.2% 2.9M $511M
Arrowstreet Capital, Limited Partnership Hedge fund +227K New position 227K $39.5M
Prudential Financial Inc +222K +35.3% 850K $148M
Corient Private Wealth LP +189K +94.1% 390K $67.8M
Renaissance Technologies LLC Hedge fund +180K +1089.8% 196K $34.1M
Danske Bank A/S +168K +128.2% 300K $52.1M
Mariner, LLC +158K +87.7% 338K $58.8M
Morgan Stanley +151K +6.0% 2.7M $466M
Thames Capital Management LLC +151K New position 151K $26.2M
Blackrock, Inc. Index funds +148K +1.0% 14.5M $2.5B
Caisse De Depot Et Placement Du Quebec +141K +44.3% 458K $79.6M
Jpmorgan Chase & Co +133K +24.1% 686K $120M
Clark Capital Management Group, Inc. +130K +37.2% 481K $83.6M
Candriam S.C.A. +128K +96.1% 261K $45.3M
Panagora Asset Management Inc Active manager +128K +16.4% 906K $157M
Zurcher Kantonalbank (Zurich Cantonalbank) +126K +96.5% 257K $44.6M
Natwest Group PLC +114K New position 114K $19.9M

Biggest sellers

by change in shares held
Biggest sellers
Institution Change in shares Shares June 30, 2026 Value
FMR LLC Active manager −2.1M −19.7% 8.7M $1.5B
Primecap Management Co Active manager −448K −6.8% 6.1M $1.1B
Jupiter Asset Management Ltd Active manager −437K −41.6% 614K $107M
Vinva Investment Management Ltd −373K Sold out 0 —
Northern Trust Corp Index funds −322K −5.5% 5.6M $966M
UBS Group AG −267K −27.2% 713K $124M
Alyeska Investment Group, L.P. Hedge fund −259K Sold out 0 —
Wellington Management Group LLP Active manager −258K −20.8% 981K $170M
Invesco Ltd. −240K −6.8% 3.3M $569M
Prana Capital Management, LP Hedge fund −234K −65.3% 124K $21.6M
Millennium Management LLC Hedge fund −219K −71.1% 89K $15.5M
First Trust Advisors LP −206K −24.1% 649K $113M
UBS Am, A Distinct Business Unit Of UBS Asset Management Americas LLC −200K −12.9% 1.4M $236M
Eurizon Capital Sgr S.P.A. −200K −21.4% 737K $128M
Barclays PLC −194K −26.9% 526K $91.5M
Ariel Investments, LLC Active manager −169K −14.8% 972K $169M
Legal & General Group PLC −155K −11.5% 1.2M $207M
Algebris (UK) Ltd −153K Sold out 0 —
Amundi −150K −17.3% 719K $125M
Deutsche Bank Ag\ −140K −14.5% 829K $144M

New positions

largest by value
InstitutionSharesValue June 30, 2026
Arrowstreet Capital, Limited PartnershipHedge fund 227K $39.5M
Thames Capital Management LLC 151K $26.2M
Natwest Group PLC 114K $19.9M
Ossiam 51K $8.9M
Eulav Asset Management 31K $5.3M
Rakuten Investment Management, Inc. 30K $5.2M
Capital Fund Management S.A.Hedge fund 30K $5.2M
Caprock Group, LLC 29K $5M
Temasek Holdings (Private) Ltd 25K $4.4M
Elyxium Wealth, LLC 23K $4.1M

Sold out

largest by value
InstitutionSharesValue March 31, 2026
Vinva Investment Management Ltd 373K $50.9M
Alyeska Investment Group, L.P.Hedge fund 259K $36.2M
Algebris (UK) Ltd 153K $21.3M
Cinctive Capital Management LPHedge fund 116K $16.1M
Point72 Asset Management, L.P.Hedge fund 97K $13.6M
HRT Financial LP 89K $12.4M
Tredje Ap-Fonden 81K $11.3M
Fj Capital Management LLC 79K $11M
Two Sigma Investments, LPHedge fund 68K $9.5M
Y-Intercept (Hong Kong) Ltd 56K $7.8M

Who holds the shares

13F holdings at June 30, 2026
Institutions reporting
1,016
Ten largest holders
51.2%
of 13F-reported shares
Index fund managers
37.0%
of 13F-reported shares
Active managers and hedge funds
24.9%
of 13F-reported shares
Buying and selling by type of institution, March 31, 2026 to June 30, 2026
TypeBoughtSoldNewSold outNet change in sharesNet %
Active managers and hedge funds 38 42 8 12 −2.3M −5.7%
Index fund managers 3 9 0 0 −214K −0.4%
Other institutions 449 350 116 58 +23K +0.0%

Active managers and hedge funds: a list we maintain of about 400 well-known stock-picking firms and hedge funds, matched by SEC registration number (CIK) and checked against the filer names each quarter. Index fund managers: the large index houses, such as BlackRock, Vanguard, State Street, Geode and Northern Trust. Every other filer (banks, brokers, wealth managers, pension funds, insurers and firms not on the list) counts as another institution. A firm that files under several SEC registrations appears once for each.

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