NORTHERN TRUST CORP
Ticker: NTRSFinancialsBanks & BrokersS&P 500The business
Northern Trust Corporation (NASDAQ: NTRS) is a leading global financial services provider headquartered in Chicago with a presence across 24 U.S. states, Washington D.C., and 22 international locations spanning Canada, Europe, the Middle East, and the Asia-Pacific region. Founded in 1889, the company operates through its principal subsidiary, The Northern Trust Company, an Illinois-chartered bank with consolidated assets of $176.4 billion as of December 31, 2025.
Northern Trust organizes its business around two primary client-focused reporting segments: Asset Servicing and Wealth Management. The Asset Servicing division serves as a leading global provider of custody, fund administration, investment operations outsourcing, securities lending, foreign exchange, treasury management, and related services to corporate and public retirement funds, foundations, endowments, fund managers, insurance companies, and sovereign wealth funds. As of year-end 2025, Asset Servicing managed $17.4 trillion in assets under custody and administration, $13.6 trillion in assets under custody, and $1.3 trillion in assets under management.
The Wealth Management segment focuses on high-net-worth individuals, families, business owners, executives, and established privately-held businesses, offering trust services, investment management, custody, philanthropic services, financial consulting, and private banking. Wealth Management maintains one of the largest advisory service networks in the United States with $1.3 trillion in assets under custody and administration and $507.2 billion in assets under management. The company also operates a Global Family Office division providing customized solutions for complex family financial needs.
Asset Management, operating across both segments, delivers investment solutions through separately managed accounts, collective funds, exchange-traded funds, and private investment funds, encompassing active and passive equity and fixed income strategies, alternative asset classes, and multi-asset solutions. Northern Trust managed $1.8 trillion in total assets as of December 31, 2025.
The company's competitive positioning rests on its trusted brand, deep expertise, tailored technology, proven client relationships, and strong balance sheet. Northern Trust emphasizes scalable, fee-based revenue generation and continues investing in talent, technology, data analytics, artificial intelligence, and operational excellence to support its growth strategy across targeted client segments and select geographies.
- Sector
- Financials
- Industry
- Banks & Brokers
- HQ
- CHICAGO, IL
- FY end
- 12-31
- CIK
- 73124
- SIC
- 6022
Ownership
Who holds NORTHERN TRUST CORP — across funds, superinvestors and bonds · N-PORT 2026Q2 · 13F 2026-06-30
Top fund holders
| Fund | % of fund | Value |
|---|---|---|
| VANGUARD TOTAL STOCK MARKET INDEX FUND VTI · VANGUARD INDEX FUNDS | 0.04% | $970.19M |
| VANGUARD 500 INDEX FUND VOO · VANGUARD INDEX FUNDS | 0.05% | $833.71M |
| VANGUARD MID-CAP INDEX FUND VO · VANGUARD INDEX FUNDS | 0.30% | $662.14M |
| iShares Core S&P 500 ETF IVV · iShares Trust | 0.05% | $442.59M |
| Fidelity 500 Index Fund FXAIX · Fidelity Concord Street Trust | 0.05% | $394.53M |
Bonds held by funds
Funds report holding 9 issues of NORTHERN TRUST CORP's debt, $693.02M at fund-held market value — what funds hold, not the company's debt outstanding. Weighted-average coupon 3.88%, maturing 2027–2040.
| Issue | Coupon | Matures | Funds | Fund-held |
|---|---|---|---|---|
| NORTHERN TRST CO | 5.117%Variable | 2040-11-19 | 78 | $158.45M |
| Northern Trust Corp | 6.125% | 2032-11-02 | 55 | $115.04M |
| Northern Trust Corp | 1.950% | 2030-05-01 | 51 | $113.62M |
| NTRS V3.375 05/08/32 | 3.375% | 2032-05-08 | 46 | $66.26M |
| NORTHERN TRUST CORP | 4.150% | 2030-11-19 | 54 | $60.06M |
| Northern Trust Corp | 3.650% | 2028-08-03 | 40 | $53.78M |
| Northern Trust Corp | 3.150% | 2029-05-03 | 41 | $52.37M |
| Northern Trust Corp. | 4.000% | 2027-05-10 | 21 | $37.74M |
| NTRS V4.6 PERP D | 4.600% | Perpetual | 16 | $35.71M |
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
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