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Northwestern Mutual Wealth Management Co Top Holdings and 13F Report (2025)

About Northwestern Mutual Wealth Management Co

Investment Activity

  • Northwestern Mutual Wealth Management Co has $118.52 billion in total holdings as of December 31, 2024.
  • Northwestern Mutual Wealth Management Co owns shares of 3,588 different stocks, but just 54 companies or ETFs make up 80% of its holdings.
  • Approximately 11.31% of the portfolio was purchased this quarter.
  • About 0.82% of the portfolio was sold this quarter.
  • This quarter, Northwestern Mutual Wealth Management Co has purchased 3,585 new stocks and bought additional shares in 1,666 stocks.
  • Northwestern Mutual Wealth Management Co sold shares of 1,003 stocks and completely divested from 418 stocks this quarter.

Largest New Holdings this Quarter

LAM RESEARCH CORP
$45,411,695 Holding
BLACKROCK INC
$28,911,844 Holding
ARISTA NETWORKS INC
$14,074,557 Holding

Largest Purchases this Quarter

Schwab International Equity ETF
180,355,279 shares (about $3.34B)
Fidelity Total Bond ETF
68,916,062 shares (about $3.09B)
iShares Core S&P 500 ETF
1,237,481 shares (about $728.48M)
Vanguard Total Bond Market ETF
5,962,724 shares (about $428.78M)
Schwab US Dividend Equity ETF
12,309,265 shares (about $336.29M)

Largest Sales this Quarter

iShares Global 100 ETF
492,095 shares (about $49.59M)
Abbott Laboratories
342,002 shares (about $38.68M)
SPDR S&P Biotech ETF
391,610 shares (about $35.27M)
Simmons First National
1,284,858 shares (about $28.50M)
PALANTIR TECHNOLOGIES INC
348,579 shares (about $26.36M)

Sector Allocation Over Time

Map of 500 Largest Holdings ofNorthwestern Mutual Wealth Management Co

 
 
Selling
 
 
Neutral
 
 
Buying
Issuer NameHoldings ValueApproximate Purchase/SaleChange in SharesShares Held% of PortfolioSector
iShares Core S&P 500 ETF stock logo
IVV
iShares Core S&P 500 ETF
$17,971,747,282$728,480,304 4.2%30,528,89115.2%ETF
Vanguard Total Bond Market ETF stock logo
BND
Vanguard Total Bond Market ETF
$8,408,312,134$428,779,484 5.4%116,928,2737.1%ETF
iShares Core S&P Mid-Cap ETF stock logo
IJH
iShares Core S&P Mid-Cap ETF
$6,896,296,044$227,315,853 3.4%110,677,1955.8%ETF
Schwab International Equity ETF stock logo
SCHF
Schwab International Equity ETF
$6,198,801,224$3,336,572,656 116.6%335,070,3375.2%ETF
iShares Core S&P Small-Cap ETF stock logo
IJR
iShares Core S&P Small-Cap ETF
$4,392,982,770$205,839,958 4.9%38,126,9113.7%ETF
Invesco S&P 500 Equal Weight ETF stock logo
RSP
Invesco S&P 500 Equal Weight ETF
$4,057,816,365$141,693,788 3.6%23,157,0863.4%ETF
Fidelity Total Bond ETF stock logo
FBND
Fidelity Total Bond ETF
$3,292,738,969$3,092,263,712 1,542.5%73,383,9752.8%ETF
iShares 20+ Year Treasury Bond ETF stock logo
TLT
iShares 20+ Year Treasury Bond ETF
$3,287,297,349$146,550,045 4.7%37,642,2462.8%ETF
SPDR S&P 500 ETF Trust stock logo
SPY
SPDR S&P 500 ETF Trust
$3,163,045,098$47,226,905 1.5%5,396,9522.7%Finance
Vanguard FTSE Emerging Markets ETF stock logo
VWO
Vanguard FTSE Emerging Markets ETF
$2,917,368,168$196,954,985 7.2%66,243,6002.5%ETF
Vanguard FTSE Developed Markets ETF stock logo
VEA
Vanguard FTSE Developed Markets ETF
$2,763,401,833$185,483,884 7.2%57,787,5742.3%ETF
iShares Core MSCI EAFE ETF stock logo
IEFA
iShares Core MSCI EAFE ETF
$2,283,223,783$149,776,165 7.0%32,487,5331.9%ETF
iShares MSCI USA Value Factor ETF stock logo
VLUE
iShares MSCI USA Value Factor ETF
$2,127,113,842$72,332,078 3.5%20,141,2161.8%ETF
iShares MSCI Eurozone ETF stock logo
EZU
iShares MSCI Eurozone ETF
$1,941,873,907$98,360,078 5.3%41,141,3971.6%ETF
Vanguard Tax-Exempt Bond ETF stock logo
VTEB
Vanguard Tax-Exempt Bond ETF
$1,686,387,634$48,821,207 3.0%33,640,2871.4%ETF
Invesco QQQ stock logo
QQQ
Invesco QQQ
$1,609,798,138$18,626,151 1.2%3,148,8731.4%Finance
Vanguard Mid-Cap ETF stock logo
VO
Vanguard Mid-Cap ETF
$1,529,966,183$51,818,882 3.5%5,792,4731.3%ETF
Vanguard S&P 500 ETF stock logo
VOO
Vanguard S&P 500 ETF
$1,043,314,014$94,891,989 10.0%1,936,3300.9%ETF
iShares Core U.S. Aggregate Bond ETF stock logo
AGG
iShares Core U.S. Aggregate Bond ETF
$1,010,601,445$89,177,066 9.7%10,429,3240.9%Finance
iShares Core Total USD Bond Market ETF stock logo
IUSB
iShares Core Total USD Bond Market ETF
$988,033,534$62,006,490 6.7%21,859,1490.8%Manufacturing
iShares Core MSCI Emerging Markets ETF stock logo
IEMG
iShares Core MSCI Emerging Markets ETF
$914,482,268$41,243,930 4.7%17,512,1080.8%ETF
Apple Inc. stock logo
AAPL
Apple
$868,009,934$2,835,005 0.3%3,466,2160.7%Computer and Technology
Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF stock logo
GSLC
Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF
$816,418,859$15,523,269 -1.9%7,088,2000.7%ETF
Vanguard Real Estate ETF stock logo
VNQ
Vanguard Real Estate ETF
$806,228,474$48,483,391 6.4%9,050,6120.7%ETF
Pacer US Cash Cows 100 ETF stock logo
COWZ
Pacer US Cash Cows 100 ETF
$788,942,732$12,094,909 -1.5%13,968,5330.7%ETF
iShares National Muni Bond ETF stock logo
MUB
iShares National Muni Bond ETF
$749,847,649$77,273,470 11.5%7,037,5190.6%ETF
Microsoft Co. stock logo
MSFT
Microsoft
$743,479,482$28,463,468 4.0%1,763,8900.6%Computer and Technology
Vanguard Large-Cap ETF stock logo
VV
Vanguard Large-Cap ETF
$704,092,122$3,459,711 -0.5%2,610,6500.6%ETF
Vanguard Growth ETF stock logo
VUG
Vanguard Growth ETF
$699,935,042$37,734,224 5.7%1,705,3280.6%ETF
NVIDIA Co. stock logo
NVDA
NVIDIA
$689,906,069$15,846,359 -2.2%5,137,4330.6%Computer and Technology
Amazon.com, Inc. stock logo
AMZN
Amazon.com
$652,885,111$5,734,856 0.9%2,975,9100.6%Retail/Wholesale
Vanguard Intermediate-Term Bond ETF stock logo
BIV
Vanguard Intermediate-Term Bond ETF
$620,579,350$41,325,619 7.1%8,304,2860.5%ETF
Vanguard Value ETF stock logo
VTV
Vanguard Value ETF
$552,666,203$42,736,925 8.4%3,264,4180.5%ETF
Invesco NASDAQ 100 ETF stock logo
QQQM
Invesco NASDAQ 100 ETF
$539,702,448$72,516,027 15.5%2,564,5160.5%ETF
Schwab US Dividend Equity ETF stock logo
SCHD
Schwab US Dividend Equity ETF
$497,843,472$336,289,095 208.2%18,222,6760.4%ETF
Schwab US Large-Cap ETF stock logo
SCHX
Schwab US Large-Cap ETF
$481,631,252$331,506,209 220.8%20,777,8790.4%ETF
Vanguard Small-Cap ETF stock logo
VB
Vanguard Small-Cap ETF
$448,100,277$15,423,579 3.6%1,864,9080.4%ETF
iShares MSCI USA Quality Factor ETF stock logo
QUAL
iShares MSCI USA Quality Factor ETF
$432,888,359$27,235,016 6.7%2,430,8650.4%ETF
iShares 7-10 Year Treasury Bond ETF stock logo
IEF
iShares 7-10 Year Treasury Bond ETF
$415,038,734$21,529,386 5.5%4,489,3320.4%ETF
Alphabet Inc. stock logo
GOOGL
Alphabet
$412,901,515$14,063,664 3.5%2,181,2020.3%Computer and Technology
Capital Group Dividend Value ETF stock logo
CGDV
Capital Group Dividend Value ETF
$409,408,305$36,736,618 9.9%11,611,1260.3%ETF
iShares MSCI Intl Value Factor ETF stock logo
IVLU
iShares MSCI Intl Value Factor ETF
$404,674,552$4,670,240 1.2%14,927,1320.3%ETF
iShares Russell 1000 ETF stock logo
IWB
iShares Russell 1000 ETF
$391,945,677$843,415 -0.2%1,216,6180.3%ETF
Xtrackers MSCI EAFE Hedged Equity ETF stock logo
DBEF
Xtrackers MSCI EAFE Hedged Equity ETF
$386,252,948$10,088,310 2.7%9,329,7820.3%ETF
Vanguard Information Technology ETF stock logo
VGT
Vanguard Information Technology ETF
$356,002,429$13,584,471 4.0%572,5350.3%ETF
iShares Global 100 ETF stock logo
IOO
iShares Global 100 ETF
$331,115,623$49,588,430 -13.0%3,285,8540.3%ETF
SPDR S&P MidCap 400 ETF Trust stock logo
MDY
SPDR S&P MidCap 400 ETF Trust
$316,773,796$8,536,885 2.8%556,1520.3%ETF
Capital Group Global Growth Equity ETF stock logo
CGGO
Capital Group Global Growth Equity ETF
$296,430,788$27,619,211 10.3%10,144,7910.3%ETF
Vanguard Dividend Appreciation ETF stock logo
VIG
Vanguard Dividend Appreciation ETF
$294,990,100$969,750 0.3%1,506,3580.2%ETF
Capital Group Growth ETF stock logo
CGGR
Capital Group Growth ETF
$293,941,926$40,572,956 16.0%7,908,0410.2%ETF
Meta Platforms, Inc. stock logo
META
Meta Platforms
$274,550,447$19,835,959 7.8%468,9070.2%Computer and Technology
iShares MSCI Emerging Markets ex China ETF stock logo
EMXC
iShares MSCI Emerging Markets ex China ETF
$269,918,426$22,004,443 8.9%4,867,7810.2%Manufacturing
Vanguard Total Stock Market ETF stock logo
VTI
Vanguard Total Stock Market ETF
$260,163,567$7,844,866 3.1%897,7040.2%ETF
Vanguard Total World Stock ETF stock logo
VT
Vanguard Total World Stock ETF
$255,824,325$13,681,368 5.7%2,177,5990.2%ETF
Berkshire Hathaway Inc. stock logo
BRK.B
Berkshire Hathaway
$252,144,931$6,700,832 2.7%556,2680.2%Finance
iShares Russell 1000 Growth ETF stock logo
IWF
iShares Russell 1000 Growth ETF
$248,935,564$1,553,714 0.6%619,8900.2%ETF
JPMorgan Chase & Co. stock logo
JPM
JPMorgan Chase & Co.
$246,461,167$8,272,391 3.5%1,028,1640.2%Finance
SPDR Nuveen Barclays Municipal Bond ETF stock logo
TFI
SPDR Nuveen Barclays Municipal Bond ETF
$216,421,911$6,462,254 3.1%4,744,0150.2%Finance
Schwab U.S. Large-Cap Growth ETF stock logo
SCHG
Schwab U.S. Large-Cap Growth ETF
$215,795,982$164,174,438 318.0%7,742,9480.2%ETF
iShares Gold Trust stock logo
IAU
iShares Gold Trust
$213,083,704$7,933,977 3.9%4,303,8520.2%Finance
iShares U.S. Equity Factor Rotation Active ETF stock logo
DYNF
iShares U.S. Equity Factor Rotation Active ETF
$210,432,513$42,534,274 25.3%4,106,0000.2%ETF
Schwab U.S. Mid-Cap ETF stock logo
SCHM
Schwab U.S. Mid-Cap ETF
$210,174,840$144,453,840 219.8%7,584,8010.2%ETF
Invesco S&P MidCap Quality ETF stock logo
XMHQ
Invesco S&P MidCap Quality ETF
$198,334,943$15,846,089 8.7%2,014,1660.2%ETF
Pacer US Small Cap Cash Cows 100 ETF stock logo
CALF
Pacer US Small Cap Cash Cows 100 ETF
$179,281,420$24,804,746 -12.2%4,073,6510.2%ETF
iShares MSCI USA Min Vol Factor ETF stock logo
USMV
iShares MSCI USA Min Vol Factor ETF
$174,353,663$8,315,988 -4.6%1,963,6620.1%ETF
iShares MSCI EAFE ETF stock logo
EFA
iShares MSCI EAFE ETF
$173,641,962$7,542,780 4.5%2,296,5470.1%Finance
JPMorgan Ultra-Short Income ETF stock logo
JPST
JPMorgan Ultra-Short Income ETF
$169,617,314$46,397,460 37.7%3,367,4280.1%ETF
Alphabet Inc. stock logo
GOOG
Alphabet
$168,475,600$1,268,711 0.8%884,6650.1%Computer and Technology
Visa Inc. stock logo
V
Visa
$168,011,936$2,650,944 1.6%531,6160.1%Business Services
iShares S&P 500 Growth ETF stock logo
IVW
iShares S&P 500 Growth ETF
$167,959,020$902,906 0.5%1,654,2800.1%ETF
Capital Group International Focus Equity ETF stock logo
CGXU
Capital Group International Focus Equity ETF
$165,972,215$17,243,440 11.6%6,727,6950.1%ETF
iShares Short Treasury Bond ETF stock logo
SHV
iShares Short Treasury Bond ETF
$163,569,794$144,801,770 771.5%1,485,5130.1%ETF
JPMorgan Equity Premium Income ETF stock logo
JEPI
JPMorgan Equity Premium Income ETF
$162,932,928$18,657,378 12.9%2,832,1390.1%ETF
Costco Wholesale Co. stock logo
COST
Costco Wholesale
$162,197,267$4,327,545 2.7%177,0190.1%Retail/Wholesale
Schwab U.S. REIT ETF stock logo
SCHH
Schwab U.S. REIT ETF
$161,106,087$2,167,095 1.4%7,649,8610.1%ETF
Schwab Fundamental International Large Company Index ETF stock logo
FNDF
Schwab Fundamental International Large Company Index ETF
$152,473,470$10,310,743 7.3%4,591,1910.1%ETF
SPDR Portfolio S&P 500 ETF stock logo
SPLG
SPDR Portfolio S&P 500 ETF
$151,975,884$7,596,564 5.3%2,204,4670.1%ETF
VanEck Intermediate Muni ETF stock logo
ITM
VanEck Intermediate Muni ETF
$148,922,758$30,164,388 25.4%3,230,4280.1%ETF
Vanguard Mid-Cap Value ETF stock logo
VOE
Vanguard Mid-Cap Value ETF
$147,362,996$1,597,480 1.1%910,9410.1%ETF
Mastercard Incorporated stock logo
MA
Mastercard
$146,312,680$5,314,123 3.8%277,8610.1%Business Services
Vanguard Mid-Cap Growth ETF stock logo
VOT
Vanguard Mid-Cap Growth ETF
$144,508,877$3,351,277 2.4%569,4930.1%ETF
Eli Lilly and Company stock logo
LLY
Eli Lilly and Company
$144,292,247$2,888,053 -2.0%186,9070.1%Medical
Avantis U.S. Small Cap Value ETF stock logo
AVUV
Avantis U.S. Small Cap Value ETF
$135,729,324$14,435,197 11.9%1,406,0840.1%ETF
Broadcom Inc. stock logo
AVGO
Broadcom
$132,404,191$675,581 -0.5%571,1020.1%Computer and Technology
Avantis U.S. Equity ETF stock logo
AVUS
Avantis U.S. Equity ETF
$131,042,311$1,153,369 0.9%1,351,9280.1%ETF
Pacer Global Cash Cows Dividend ETF stock logo
GCOW
Pacer Global Cash Cows Dividend ETF
$126,168,820$2,114,655 -1.6%3,739,4430.1%ETF
iShares 0-3 Month Treasury Bond ETF stock logo
SGOV
iShares 0-3 Month Treasury Bond ETF
$125,480,923$21,169,922 -14.4%1,250,8070.1%ETF
iShares Cohen & Steers REIT ETF stock logo
ICF
iShares Cohen & Steers REIT ETF
$125,284,814$8,048,928 6.9%2,079,0710.1%ETF
iShares Core Dividend Growth ETF stock logo
DGRO
iShares Core Dividend Growth ETF
$125,258,010$15,527,977 14.2%2,042,0280.1%ETF
First Trust NASDAQ Rising Dividend Achievers stock logo
RDVY
First Trust NASDAQ Rising Dividend Achievers
$123,354,086$5,412,492 4.6%2,085,7980.1%Manufacturing
iShares Russell Mid-Cap Growth ETF stock logo
IWP
iShares Russell Mid-Cap Growth ETF
$123,315,323$10,143,042 9.0%972,9020.1%ETF
Avantis Emerging Markets Equity ETF stock logo
AVEM
Avantis Emerging Markets Equity ETF
$121,807,623$11,393,094 10.3%2,071,9100.1%ETF
JPMorgan Ultra-Short Municipal ETF stock logo
JMST
JPMorgan Ultra-Short Municipal ETF
$121,669,765$24,488,061 25.2%2,399,3250.1%ETF
UnitedHealth Group Incorporated stock logo
UNH
UnitedHealth Group
$120,475,841$1,622,296 -1.3%238,1600.1%Medical
SPDR Portfolio Emerging Markets ETF stock logo
SPEM
SPDR Portfolio Emerging Markets ETF
$120,018,212$839,497 0.7%3,127,9180.1%ETF
SPDR Dow Jones Industrial Average ETF Trust stock logo
DIA
SPDR Dow Jones Industrial Average ETF Trust
$119,258,306$1,490,101 -1.2%280,2780.1%Finance
VictoryShares Free Cash Flow ETF stock logo
VFLO
VictoryShares Free Cash Flow ETF
$119,110,745$42,806,715 56.1%3,494,0080.1%ETF
SPDR Nuveen Barclays Short Term Municipal Bond ETF stock logo
SHM
SPDR Nuveen Barclays Short Term Municipal Bond ETF
$119,085,838$6,251,309 5.5%2,512,8900.1%Finance
Avantis U.S. Large Cap Value ETF stock logo
AVLV
Avantis U.S. Large Cap Value ETF
$117,942,885$10,226,896 9.5%1,766,4050.1%ETF
The Home Depot, Inc. stock logo
HD
Home Depot
$116,171,774$513,468 0.4%298,6490.1%Retail/Wholesale

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