NORTHERN TR CORP NTRS
COM · Common Stock · CUSIP 665859104 · ISIN US6658591044
American financial services company
- SectorFinancials
- IndustryState Commercial Banks
- HeadquartersChicago, IL
- Founded1889
- Websitenortherntrust.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($76.6m this quarter). Holder counts are more reliable. Shares outstanding: 183.0m as of 2026-06-30, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $173.91. Options: 11 managers hold calls ($76.6m notional), 14 hold puts ($42.2m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 676 |
| Q4 2022 | 688 |
| Q1 2023 | 670 |
| Q2 2023 | 670 |
| Q3 2023 | 648 |
| Q4 2023 | 675 |
| Q1 2024 | 685 |
| Q2 2024 | 697 |
| Q3 2024 | 728 |
| Q4 2024 | 784 |
| Q1 2025 | 787 |
| Q2 2025 | 843 |
| Q3 2025 | 874 |
| Q4 2025 | 911 |
| Q1 2026 | 960 |
| Q2 2026 | 1,019 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 329 | 318 |
| Q4 2024 | 335 | 322 |
| Q1 2025 | 346 | 347 |
| Q2 2025 | 393 | 366 |
| Q3 2025 | 378 | 359 |
| Q4 2025 | 365 | 391 |
| Q1 2026 | 456 | 364 |
| Q2 2026 | 493 | 402 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $365.2m | $39.4m | 0.11 |
| Q4 2025 | $79.8m | $19.9m | 0.25 |
| Q1 2026 | $73.6m | $27.3m | 0.37 |
| Q2 2026 | $76.6m | $42.2m | 0.55 |
Biggest buyers
| Man Group plc | Added | +654.3k |
| JACOBS LEVY EQUITY MANAGEMENT, INC | Added | +573.6k |
| AustralianSuper Pty Ltd | Added | +479.3k |
| AQR CAPITAL MANAGEMENT LLC | Added | +453.0k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | New | +227.1k |
| PRUDENTIAL FINANCIAL INC | Added | +221.7k |
| Corient Private Wealth LP | Added | +189.0k |
| RENAISSANCE TECHNOLOGIES LLC | Added | +179.8k |
| DANSKE BANK A/S | Added | +168.3k |
| Mariner, LLC | Added | +157.9k |
Biggest sellers
| FMR LLC | Reduced | -2.1m |
| PRIMECAP MANAGEMENT CO/CA/ | Reduced | -448.3k |
| JUPITER ASSET MANAGEMENT LTD | Reduced | -437.0k |
| Vinva Investment Management Ltd | Sold out | -373.4k |
| NORTHERN TRUST CORP | Reduced | -322.2k |
| UBS Group AG | Reduced | -266.6k |
| Alyeska Investment Group, L.P. | Sold out | -259.2k |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -257.6k |
| Invesco Ltd. | Reduced | -240.5k |
| Prana Capital Management, LP | Reduced | -234.0k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $38.7m222.7k shares |
| Walleye Trading LLC | Reduced | $24.4m140.1k shares |
| CITADEL ADVISORS LLC | Added | $3.9m22.6k shares |
| JANE STREET GROUP, LLC | Reduced | $3.6m20.6k shares |
| Squarepoint Ops LLC | New | $2.2m12.5k shares |
| HSBC HOLDINGS PLC | Unchanged | $1.7m9.6k shares |
| Walleye Capital LLC | Added | $782.3k4.5k shares |
| IMC-Chicago, LLC | Reduced | $695.4k4.0k shares |
| SIMPLEX TRADING, LLC | New | $504.1k2.9k shares |
| GROUP ONE TRADING LLC | Reduced | $86.9k500 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $19.9m114.6k shares |
| Interval Partners, LP | Added | $6.6m38.0k shares |
| HSBC HOLDINGS PLC | Reduced | $3.6m20.6k shares |
| JANE STREET GROUP, LLC | Added | $3.0m17.4k shares |
| CITADEL ADVISORS LLC | Reduced | $2.0m11.6k shares |
| GROUP ONE TRADING LLC | Reduced | $1.9m11.2k shares |
| Curi Capital, LLC | Unchanged | $1.7m10.0k shares |
| IMC-Chicago, LLC | Added | $1.1m6.6k shares |
| SIMPLEX TRADING, LLC | Added | $886.6k5.1k shares |
| MILLENNIUM MANAGEMENT LLC | New | $347.7k2.0k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 7.4% |
Fell to 5% or below in the last year: FMR LLC (4.7%, 2026-08-06), VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 6 | $8.9m | — |
| Q1 2025 | 0 | — | 5 | $4.0m | — |
| Q2 2025 | 1 | $10.3k | 5 | $1.6m | — |
| Q3 2025 | 1 | $32.3k | 2 | $3.8m | — |
| Q4 2025 | 1 | $534.5k | 4 | $5.5m | — |
| Q1 2026 | 2 | $186.1k | 4 | $5.2m | — |
| Q2 2026 | 1 | $37.4k | 3 | $4.4m | — |
| Q3 2026 | 1 | $45.8k | 1 | $332.8k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-08-24 | South Thomas A Executive Vice President | Sold | $332.8k1.8k shares |
| 2026-07-29 | Moritz Robert Edward Jr. Director | Bought | $45.8k255 shares |
| 2026-06-03 | Hallinan Aengus Executive Vice President | Sold | $613.9k3.7k shares |
| 2026-05-01 | Moritz Robert Edward Jr. Director | Bought | $37.4k225 shares |
| 2026-04-29 | Fox David W Jr EVP & Chief Financial Officer · By Trust | Sold | $2.2k13 shares |
| 2026-04-28 | Fox David W Jr EVP & Chief Financial Officer · By Trust | Sold | $3.3m20.0k shares |
| 2026-04-24 | Bellows Clive Co-President Asset Servicing | Sold | $462.1k2.8k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.04% of their portfolio | 14.5m $2.5bn | Added +148.0k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.04% of their portfolio | 11.8m $2.0bn | Reduced -3.9k |
| STATE STREET CORP 0.05% of their portfolio | 9.1m $1.6bn | Added +12.3k |
| FMR LLC 0.07% of their portfolio | 8.7m $1.5bn | Reduced -2.1m |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.07% of their portfolio | 8.4m $1.5bn | Reduced -4.8k |
| PRIMECAP MANAGEMENT CO/CA/ 0.63% of their portfolio | 6.1m $1.1bn | Reduced -448.3k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.32% of their portfolio | 5.7m $1.0bn | Reduced -103.2k |
| NORTHERN TRUST CORP 0.11% of their portfolio | 5.6m $965.6m | Reduced -322.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.05% of their portfolio | 5.2m $892.9m | Reduced -10.0k |
| STATE FARM MUTUAL AUTOMOBILE INSURANCE CO 0.49% of their portfolio | 4.1m $720.6m | Unchanged |
| Invesco Ltd. 0.05% of their portfolio | 3.3m $569.1m | Reduced -240.5k |
| AQR CAPITAL MANAGEMENT LLC 0.18% of their portfolio | 2.9m $511.1m | Added +453.0k |
| GOLDMAN SACHS GROUP INC 0.05% of their portfolio | 2.9m $501.9m | Added +90.0k |
| MORGAN STANLEY 0.02% of their portfolio | 2.7m $465.7m | Added +151.0k |
| DIMENSIONAL FUND ADVISORS LP 0.08% of their portfolio | 2.5m $434.3m | Added +41.9k |
| Bank of New York Mellon Corp 0.06% of their portfolio | 2.1m $361.1m | Added +40.9k |
| NORGES BANK 0.03% of their portfolio | 2.0m $348.0m | Not comparable |
| AMERICAN CENTURY COMPANIES INC 0.15% of their portfolio | 1.9m $335.4m | Added +56.9k |
| Robeco Institutional Asset Management B.V. 0.31% of their portfolio | 1.5m $255.8m | Added +30.7k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.04% of their portfolio | 1.4m $235.6m | Reduced -200.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio | 1.2m $216.8m | Reduced -1.5k |
| Legal & General Group Plc 0.04% of their portfolio | 1.2m $207.1m | Reduced -155.3k |
| VANGUARD FIDUCIARY TRUST CO 0.04% of their portfolio | 1.0m $179.6m | Reduced -7.7k |
| WELLINGTON MANAGEMENT GROUP LLP 0.03% of their portfolio | 980.6k $170.5m | Reduced -257.6k |
| ARIEL INVESTMENTS, LLC 1.69% of their portfolio | 972.3k $169.0m | Reduced -168.8k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.57% of their portfolio | 909.9k $158.2m | Added +573.6k |
| PANAGORA ASSET MANAGEMENT INC 0.48% of their portfolio | 905.7k $157.4m | Added +127.6k |
| PRUDENTIAL FINANCIAL INC 0.16% of their portfolio | 850.2k $147.8m | Added +221.7k |
| Man Group plc 0.27% of their portfolio | 849.7k $147.7m | Added +654.3k |
| DEUTSCHE BANK AG\ 0.04% of their portfolio | 828.9k $144.1m | Reduced -140.3k |
| Eurizon Capital SGR S.p.A. 0.34% of their portfolio | 736.8k $128.3m | Reduced -200.1k |
| VICTORY CAPITAL MANAGEMENT INC 0.07% of their portfolio | 733.9k $127.6m | Reduced -70.8k |
| LSV ASSET MANAGEMENT 0.23% of their portfolio | 728.0k $126.6m | Reduced -43.8k |
| Amundi 0.03% of their portfolio | 719.1k $125.0m | Reduced -150.5k |
| UBS Group AG 0.02% of their portfolio | 712.8k $123.9m | Reduced -266.6k |
| FEDERATED HERMES, INC. 0.18% of their portfolio | 702.5k $122.1m | Added +26.0k |
| Qube Research & Technologies Ltd 0.14% of their portfolio | 698.9k $121.5m | Reduced -136.8k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 688.5k $119.7m | Added +65.6k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 686.0k $120.0m | Added +133.1k |
| ROYAL BANK OF CANADA 0.02% of their portfolio | 680.9k $118.4m | Reduced -20.7k |
| CONFLUENCE INVESTMENT MANAGEMENT LLC 1.79% of their portfolio | 660.4k $114.8m | Reduced -19.8k |
| FIRST TRUST ADVISORS LP 0.07% of their portfolio | 649.5k $112.9m | Reduced -206.3k |
| Russell Investments Group, Ltd. 0.09% of their portfolio | 616.0k $107.2m | Added +105.7k |
| JUPITER ASSET MANAGEMENT LTD 0.53% of their portfolio | 614.4k $106.8m | Reduced -437.0k |
| Quantinno Capital Management LP 0.13% of their portfolio | 613.6k $106.7m | Added +64.9k |
| ACADIAN ASSET MANAGEMENT LLC 0.12% of their portfolio | 586.2k $101.9m | Added +113.7k |
| Thrivent Financial for Lutherans 0.17% of their portfolio | 583.9k $101.5m | Reduced -109.6k |
| RNC CAPITAL MANAGEMENT LLC 3.95% of their portfolio | 551.1k $95.8m | Reduced -4.6k |
| BARCLAYS PLC 0.03% of their portfolio | 526.5k $91.5m | Reduced -193.9k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.09% of their portfolio | 525.9k $91.4m | Reduced -59.0k |
| AustralianSuper Pty Ltd 0.39% of their portfolio | 521.9k $90.7m | Added +479.3k |
| Cerity Partners LLC 0.10% of their portfolio | 497.7k $86.5m | Reduced -10.6k |
| Clark Capital Management Group, Inc. 0.46% of their portfolio | 480.7k $83.6m | Added +130.4k |
| Caisse de depot et placement du Quebec 0.11% of their portfolio | 458.1k $79.6m | Added +140.7k |
| FRANKLIN RESOURCES INC 0.02% of their portfolio | 447.3k $77.8m | Added +34.4k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.04% of their portfolio | 439.0k $76.3m | Added +14.3k |
| PFA Pension, Forsikringsaktieselskab 0.19% of their portfolio | 423.1k $73.6m | Reduced -62.7k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.05% of their portfolio | 412.3k $71.7m | Added +38.3k |
| National Pension Service 0.05% of their portfolio | 402.8k $70.0m | Reduced -5.2k |
| CITADEL ADVISORS LLC 0.04% of their portfolio | 401.7k $69.8m | Added +112.2k |
| HSBC HOLDINGS PLC 0.03% of their portfolio | 400.1k $69.7m | Reduced -127.8k |
| Vanguard Global Advisers, LLC 0.03% of their portfolio | 399.6k $69.5m | Reduced -9.2k |
| Nuveen, LLC 0.02% of their portfolio | 395.4k $68.7m | Reduced -16.6k |
| Corient Private Wealth LP 0.09% of their portfolio | 389.9k $67.8m | Added +189.0k |
| California Public Employees Retirement System 0.04% of their portfolio | 387.5k $67.4m | Added +10.6k |
| Sumitomo Mitsui Trust Group, Inc. 0.04% of their portfolio | 382.1k $66.4m | Reduced -17.8k |
| North Reef Capital Management LP 2.30% of their portfolio | 345.0k $60.0m | Added +46.4k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.28% of their portfolio | 343.8k $59.8m | Reduced -105.2k |
| Mariner, LLC 0.06% of their portfolio | 338.0k $58.8m | Added +157.9k |
| RHUMBLINE ADVISERS 0.04% of their portfolio | 329.7k $57.3m | Reduced -32.7k |
| CANADA LIFE ASSURANCE Co 0.09% of their portfolio | 324.5k $56.3m | Added +3.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 314.9k $54.7m | Added +16.6k |
| Boston Trust Walden Corp 0.42% of their portfolio | 313.9k $54.6m | Reduced -98.6k |
| Raiffeisen Bank International AG 0.62% of their portfolio | 301.5k $52.7m | Reduced -5.6k |
| DANSKE BANK A/S 0.10% of their portfolio | 299.5k $52.1m | Added +168.3k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.05% of their portfolio | 294.2k $51.1m | Reduced -36.0k |
| SEI INVESTMENTS CO 0.04% of their portfolio | 291.1k $50.6m | Added +6.4k |
| BNP PARIBAS FINANCIAL MARKETS 0.03% of their portfolio | 284.1k $49.4m | Added +44.0k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 271.3k $47.2m | Added +18.3k |
| Candriam S.C.A. 0.20% of their portfolio | 260.6k $45.3m | Added +127.7k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 257.5k $44.8m | Added +65.4k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.09% of their portfolio | 256.5k $44.6m | Added +126.0k |
| VIRGINIA RETIREMENT SYSTEMS ET Al 0.27% of their portfolio | 256.5k $44.6m | Reduced -200 |
| CITIGROUP INC 0.02% of their portfolio | 247.8k $43.1m | Added +52.6k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.02% of their portfolio | 246.6k $42.9m | Added +2.0k |
| Treasurer of the State of North Carolina 0.10% of their portfolio | 231.1k $40.2m | Added +230 |
| KBC Group NV 0.09% of their portfolio | 230.8k $40.1m | Reduced -4.9k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.02% of their portfolio | 227.1k $39.5m | New |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 212.2k $36.9m | Reduced -19.0k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 210.8k $29.4m | Reduced -84.0k |
| Allianz Asset Management GmbH 0.04% of their portfolio | 204.0k $35.3m | Added +26.2k |
| RENAISSANCE TECHNOLOGIES LLC 0.05% of their portfolio | 196.3k $34.1m | Added +179.8k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.06% of their portfolio | 184.2k $32.0m | Reduced -14.8k |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 175.6k $30.5m | Added +34.7k |
| SEB Asset Management AB 0.11% of their portfolio | 172.9k $30.0m | Added +13.1k |
| AVIVA PLC 0.04% of their portfolio | 169.2k $29.4m | Added +1.4k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.05% of their portfolio | 169.0k $29.4m | Reduced -6.6k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.04% of their portfolio | 164.9k $28.7m | Added +53.0k |
| Arbejdsmarkedets Tillaegspension 0.61% of their portfolio | 162.1k $28.2m | Reduced -18.4k |
| Aberdeen Group plc 0.04% of their portfolio | 161.5k $28.1m | Reduced -16.2k |