1y return+18.3%S&P 500 +20.9%
3y return+58.5%S&P 500 +68.5%
5y return+57.2%S&P 500 +74.5%
10y return+206.0%S&P 500 +256.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2016: $306 against $357 in the S&P 500.2
Northern Trust CorpS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| NVDANvidia Corporation | $50.2B | 5.8% | |
| AAPLApple Inc | $45.7B | 5.3% | |
| MSFTMicrosoft Corp | $29.3B | 3.4% | −1.3% |
| GOOGLAlphabet Inc | $23.4B | 2.7% | |
| AMZNAmazon Com Inc | $22.5B | 2.6% | |
| GOOGAlphabet Inc | $18.5B | 2.1% | |
| AVGOBroadcom Inc | $18.2B | 2.1% | +1.2% |
| MUMicron Technology Inc | $12.5B | 1.5% | +3.9% |
| METAMeta Platforms Inc | $12.3B | 1.4% | |
| TSLATesla Inc | $10.9B | 1.3% | |
| LLYEli Lilly & Co | $10.6B | 1.2% | |
| SPYState Str Spdr S&p 500 Etf T | $10.3B | 1.2% | |
| JPMJpmorgan Chase & Co | $10.0B | 1.2% | −1.7% |
| AMDAdvanced Micro Devices Inc | $9.7B | 1.1% | +1.6% |
| BRK/BBerkshire Hathaway Inc Del | $7.7B | 0.9% | |
| JNJJohnson & Johnson | $7.3B | 0.9% | −1.8% |
| IVVIshares Tr | $6.9B | 0.8% | |
| AMATApplied Matls Inc | $6.4B | 0.7% | |
| LRCXLam Research Corp | $6.1B | 0.7% | −1.2% |
| CATCaterpillar Inc | $6.0B | 0.7% | |
| VVisa Inc | $6.0B | 0.7% | −1.1% |
| INTCIntel Corp | $6.0B | 0.7% | −4.6% |
| Exxon Mobil CorpCUSIP 30231G102 | $5.6B | 0.7% | −4.1% |
| CSCOCisco Sys Inc | $5.4B | 0.6% | −2.9% |
| ABBVAbbvie Inc | $5.2B | 0.6% | −3.1% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| NVDANvidia Corporation | June 30, 2020 | +2006.7% | $50.2B |
| AVGOBroadcom Inc | June 30, 2020 | +1096.9% | $18.2B |
| AMATApplied Matls Inc | June 30, 2020 | +1096.1% | $6.4B |
| AMDAdvanced Micro Devices Inc | June 30, 2020 | +1004.1% | $9.7B |
| CATCaterpillar Inc | June 30, 2020 | +741.8% | $6.0B |
| LLYEli Lilly & Co | June 30, 2020 | +630.6% | $10.6B |
| GEVGe Vernova Inc | June 30, 2024 | +585.0% | $3.3B |
| LRCXLam Research Corp | December 31, 2024 | +499.9% | $6.1B |
| GOOGLAlphabet Inc | June 30, 2020 | +404.0% | $23.4B |
| GOOGAlphabet Inc | June 30, 2020 | +399.9% | $18.5B |
Sold off last quarter
- Honeywell Intl IncCUSIP 438516106 was $1.3B
- Carnival CorpCUSIP 143658300 was $332.0M
- CTRACoterra Energy Inc was $265.8M
- Dupont De Nemours IncCUSIP 26614N102 was $238.9M
- Hologic IncCUSIP 436440101 was $202.3M
- Masimo CorpCUSIP 574795100 was $69.4M
- Clearwater Analytics Hldgs ICUSIP 185123106 was $59.3M
- Sealed Air Corp NewCUSIP 81211K100 was $57.2M
- Tri Pointe Homes IncCUSIP 87265H109 was $48.0M
- Air Lease CorpCUSIP 00912X302 was $46.9M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +11.8% | +14.8% |
| March 31, 2026 | −3.6% | −4.6% |
| December 31, 2025 | +2.1% | +2.4% |
| September 30, 2025 | +7.6% | +7.8% |
| June 30, 2025 | +9.8% | +10.5% |
| March 31, 2025 | −4.4% | −4.6% |
| December 31, 2024 | +1.2% | +2.1% |
| September 30, 2024 | +5.8% | +5.4% |
| June 30, 2024 | +2.5% | +4.0% |
| March 31, 2024 | +8.9% | +10.0% |
| December 31, 2023 | +10.9% | +11.2% |
| September 30, 2023 | −3.7% | −3.6% |
| June 30, 2023 | +7.1% | +8.3% |
| March 31, 2023 | +6.1% | +7.0% |
| December 31, 2022 | +7.3% | +7.1% |
| September 30, 2022 | −5.3% | −5.3% |
| June 30, 2022 | −16.4% | −16.5% |
| March 31, 2022 | −5.3% | −4.9% |
| December 31, 2021 | +9.2% | +10.7% |
| September 30, 2021 | −0.7% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Northern Trust Corp Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=73124&type=13F-HR&dateb=&owner=include&count=40CIK 73124
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/73124/000007312426000053/Filed August 13, 2026 · accession 0000073124-26-000053