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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 $137.19 billion in total holdings as of June 30, 2025.
  • Northwestern Mutual Wealth Management Co owns shares of 3,653 different stocks, but just 63 companies or ETFs make up 80% of its holdings.
  • Approximately 7.42% of the portfolio was purchased this quarter.
  • About 3.16% of the portfolio was sold this quarter.
  • This quarter, Northwestern Mutual Wealth Management Co has purchased 3,648 new stocks and bought additional shares in 1,690 stocks.
  • Northwestern Mutual Wealth Management Co sold shares of 1,099 stocks and completely divested from 433 stocks this quarter.

Largest New Holdings this Quarter

09290C806 - BlackRock Future U.S. Themes ETF
$34,779,386 Holding
46654Q575 - J P MORGAN EXCHANGE TRADED F
$3,723,345 Holding
87283Q305 - T. Rowe Price Growth Stock ETF
$2,908,714 Holding
29287L700 - TCW ETF TRUST
$2,842,885 Holding
14021N105 - CAPITAL GROUP NEW GEOGRAPHY
$2,615,487 Holding

Largest Purchases this Quarter

iShares MSCI Intl Quality Factor ETF
31,439,365 shares (about $1.36B)
Dimensional International Value ETF
23,241,330 shares (about $995.43M)
iShares Core S&P 500 ETF
1,190,963 shares (about $739.47M)
iShares International Equity Factor ETF
15,849,541 shares (about $542.53M)
iShares Core S&P Mid-Cap ETF
5,810,344 shares (about $360.36M)

Largest Sales this Quarter

iShares MSCI Eurozone ETF
37,432,544 shares (about $2.23B)
Schwab International Equity ETF
16,386,474 shares (about $362.14M)
Vanguard FTSE Developed Markets ETF
4,576,542 shares (about $260.91M)
iShares Core MSCI EAFE ETF
1,400,503 shares (about $116.91M)
Pacer US Cash Cows 100 ETF
1,358,803 shares (about $74.87M)

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
$20,172,093,182$739,468,960 3.8%32,488,47214.7%ETF
Vanguard Total Bond Market ETF stock logo
BND
Vanguard Total Bond Market ETF
$9,012,485,855$256,627,720 2.9%122,402,3616.6%ETF
iShares Core S&P Mid-Cap ETF stock logo
IJH
iShares Core S&P Mid-Cap ETF
$7,435,653,993$360,357,536 5.1%119,891,2285.4%ETF
Schwab International Equity ETF stock logo
SCHF
Schwab International Equity ETF
$7,330,696,766$362,141,075 -4.7%331,705,7365.3%ETF
iShares Core S&P Small-Cap ETF stock logo
IJR
iShares Core S&P Small-Cap ETF
$4,513,996,324$246,156,380 5.8%41,302,9223.3%ETF
Invesco S&P 500 Equal Weight ETF stock logo
RSP
Invesco S&P 500 Equal Weight ETF
$4,481,285,210$200,573,530 4.7%24,657,6723.3%ETF
Fidelity Total Bond ETF stock logo
FBND
Fidelity Total Bond ETF
$3,940,296,626$227,099,612 6.1%86,126,7032.9%ETF
iShares 20+ Year Treasury Bond ETF stock logo
TLT
iShares 20+ Year Treasury Bond ETF
$3,576,393,653$221,388,363 6.6%40,525,7072.6%ETF
SPDR S&P 500 ETF Trust stock logo
SPY
SPDR S&P 500 ETF Trust
$3,575,022,367$133,557,528 3.9%5,786,2312.6%Finance
Vanguard FTSE Emerging Markets ETF stock logo
VWO
Vanguard FTSE Emerging Markets ETF
$3,542,165,580$153,156,799 4.5%71,616,7722.6%ETF
Vanguard FTSE Developed Markets ETF stock logo
VEA
Vanguard FTSE Developed Markets ETF
$3,138,495,804$260,908,658 -7.7%55,051,6722.3%ETF
iShares Core MSCI EAFE ETF stock logo
IEFA
iShares Core MSCI EAFE ETF
$2,734,456,572$116,913,989 -4.1%32,755,8292.0%ETF
iShares MSCI USA Value Factor ETF stock logo
VLUE
iShares MSCI USA Value Factor ETF
$2,443,335,636$102,421,203 4.4%21,582,3301.8%ETF
Vanguard Mid-Cap ETF stock logo
VO
Vanguard Mid-Cap ETF
$1,884,182,089$134,922,849 7.7%6,733,3091.4%ETF
Invesco QQQ stock logo
QQQ
Invesco QQQ
$1,778,116,131$12,257,441 0.7%3,223,3271.3%Finance
Vanguard Tax-Exempt Bond ETF stock logo
VTEB
Vanguard Tax-Exempt Bond ETF
$1,724,221,297$32,814,504 1.9%35,166,6591.3%ETF
iShares MSCI Intl Quality Factor ETF stock logo
IQLT
iShares MSCI Intl Quality Factor ETF
$1,463,381,806$1,358,809,332 1,299.4%33,858,9041.1%ETF
Vanguard S&P 500 ETF stock logo
VOO
Vanguard S&P 500 ETF
$1,328,786,315$56,601,893 4.4%2,339,2901.0%ETF
iShares Core U.S. Aggregate Bond ETF stock logo
AGG
iShares Core U.S. Aggregate Bond ETF
$1,186,777,168$41,427,010 3.6%11,963,4800.9%Finance
iShares Core Total USD Bond Market ETF stock logo
IUSB
iShares Core Total USD Bond Market ETF
$1,124,182,046$61,508,276 5.8%24,317,1540.8%Manufacturing
iShares Core MSCI Emerging Markets ETF stock logo
IEMG
iShares Core MSCI Emerging Markets ETF
$1,081,647,681$16,036,594 -1.5%18,018,4520.8%ETF
Dimensional International Value ETF stock logo
DFIV
Dimensional International Value ETF
$1,054,798,417$995,426,185 1,676.6%24,627,5600.8%ETF
Microsoft Corporation stock logo
MSFT
Microsoft
$958,430,991$35,186,287 3.8%1,926,8430.7%Computer and Technology
NVIDIA Corporation stock logo
NVDA
NVIDIA
$927,078,657$55,238,516 6.3%5,867,9580.7%Computer and Technology
Vanguard Real Estate ETF stock logo
VNQ
Vanguard Real Estate ETF
$900,679,599$50,776,756 6.0%10,113,1780.7%ETF
Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF stock logo
GSLC
Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF
$838,727,807$4,833,837 -0.6%6,909,9340.6%ETF
Vanguard Large-Cap ETF stock logo
VV
Vanguard Large-Cap ETF
$792,207,272$32,302,804 4.3%2,776,7520.6%ETF
Vanguard Growth ETF stock logo
VUG
Vanguard Growth ETF
$782,780,506$16,673,233 2.2%1,785,5390.6%ETF
iShares National Muni Bond ETF stock logo
MUB
iShares National Muni Bond ETF
$772,311,306$20,492,291 -2.6%7,391,9530.6%ETF
Invesco NASDAQ 100 ETF stock logo
QQQM
Invesco NASDAQ 100 ETF
$764,587,960$98,490,083 14.8%3,366,7460.6%ETF
Apple Inc. stock logo
AAPL
Apple
$763,952,541$35,351,611 4.9%3,723,5100.6%Computer and Technology
Amazon.com, Inc. stock logo
AMZN
Amazon.com
$729,088,731$47,365,850 6.9%3,323,2550.5%Retail/Wholesale
Vanguard Intermediate-Term Bond ETF stock logo
BIV
Vanguard Intermediate-Term Bond ETF
$704,326,752$35,677,327 5.3%9,106,8890.5%ETF
Schwab US Large-Cap ETF stock logo
SCHX
Schwab US Large-Cap ETF
$679,953,472$81,686,422 13.7%27,821,3370.5%ETF
Vanguard Value ETF stock logo
VTV
Vanguard Value ETF
$668,196,636$74,567,151 12.6%3,780,6750.5%ETF
Pacer US Cash Cows 100 ETF stock logo
COWZ
Pacer US Cash Cows 100 ETF
$638,628,981$74,870,049 -10.5%11,590,3620.5%ETF
Capital Group Dividend Value ETF stock logo
CGDV
Capital Group Dividend Value ETF
$605,305,111$59,109,539 10.8%15,328,0610.4%ETF
Vanguard Small-Cap ETF stock logo
VB
Vanguard Small-Cap ETF
$604,645,440$128,098,636 26.9%2,551,4610.4%ETF
iShares International Equity Factor ETF stock logo
INTF
iShares International Equity Factor ETF
$543,519,497$542,529,771 54,816.1%15,878,4550.4%ETF
iShares MSCI Intl Value Factor ETF stock logo
IVLU
iShares MSCI Intl Value Factor ETF
$503,854,623$3,655,362 -0.7%15,319,3860.4%ETF
Meta Platforms, Inc. stock logo
META
Meta Platforms
$471,315,215$111,476,057 31.0%638,5600.3%Computer and Technology
Xtrackers MSCI EAFE Hedged Equity ETF stock logo
DBEF
Xtrackers MSCI EAFE Hedged Equity ETF
$469,972,942$3,632,913 0.8%10,742,2380.3%ETF
iShares Russell 1000 ETF stock logo
IWB
iShares Russell 1000 ETF
$465,508,942$29,386,042 6.7%1,370,8780.3%ETF
Schwab US Dividend Equity ETF stock logo
SCHD
Schwab US Dividend Equity ETF
$453,863,368$16,872,764 -3.6%17,126,9180.3%ETF
iShares MSCI USA Quality Factor ETF stock logo
QUAL
iShares MSCI USA Quality Factor ETF
$442,075,663$8,720,333 2.0%2,418,0920.3%ETF
Vanguard Information Technology ETF stock logo
VGT
Vanguard Information Technology ETF
$438,140,844$24,648,809 6.0%660,5670.3%ETF
Capital Group Growth ETF stock logo
CGGR
Capital Group Growth ETF
$423,072,735$54,194,623 14.7%10,407,6930.3%ETF
Alphabet Inc. stock logo
GOOGL
Alphabet
$411,512,571$16,697,969 4.2%2,335,0880.3%Computer and Technology
iShares 7-10 Year Treasury Bond ETF stock logo
IEF
iShares 7-10 Year Treasury Bond ETF
$406,397,835$35,811,376 -8.1%4,243,4770.3%ETF
SPDR S&P MidCap 400 ETF Trust stock logo
MDY
SPDR S&P MidCap 400 ETF Trust
$347,263,441$20,610,834 6.3%613,0190.3%ETF
Capital Group Global Growth Equity ETF stock logo
CGGO
Capital Group Global Growth Equity ETF
$344,021,591$449,019 0.1%10,760,7630.3%ETF
JPMorgan Chase & Co. stock logo
JPM
JPMorgan Chase & Co.
$319,554,696$10,132,063 3.3%1,102,2550.2%Finance
iShares U.S. Equity Factor Rotation Active ETF stock logo
DYNF
iShares U.S. Equity Factor Rotation Active ETF
$315,822,284$56,072,338 21.6%5,799,1610.2%ETF
iShares Global 100 ETF stock logo
IOO
iShares Global 100 ETF
$312,960,177$5,654,743 -1.8%2,902,8860.2%ETF
iShares Gold Trust stock logo
IAU
iShares Gold Trust
$312,257,748$18,016,114 6.1%5,007,3410.2%Finance
Vanguard Dividend Appreciation ETF stock logo
VIG
Vanguard Dividend Appreciation ETF
$311,347,527$15,181,409 5.1%1,521,2160.2%ETF
Vanguard Total World Stock ETF stock logo
VT
Vanguard Total World Stock ETF
$308,727,304$17,200,990 5.9%2,402,1730.2%ETF
iShares MSCI Eurozone ETF stock logo
EZU
iShares MSCI Eurozone ETF
$288,805,105$2,225,364,567 -88.5%4,857,9500.2%ETF
iShares MSCI Emerging Markets ex China ETF stock logo
EMXC
iShares MSCI Emerging Markets ex China ETF
$288,162,854$42,010,132 -12.7%4,563,8720.2%Manufacturing
Schwab U.S. Mid-Cap ETF stock logo
SCHM
Schwab U.S. Mid-Cap ETF
$288,135,849$58,082,825 25.2%10,272,2230.2%ETF
iShares Russell 1000 Growth ETF stock logo
IWF
iShares Russell 1000 Growth ETF
$285,993,666$11,677,630 4.3%673,5930.2%ETF
Vanguard Total Stock Market ETF stock logo
VTI
Vanguard Total Stock Market ETF
$278,916,497$9,189,939 3.4%917,6990.2%ETF
Schwab U.S. Large-Cap Growth ETF stock logo
SCHG
Schwab U.S. Large-Cap Growth ETF
$268,352,438$27,346,226 11.3%9,187,0060.2%ETF
SPDR Portfolio S&P 500 ETF stock logo
SPLG
SPDR Portfolio S&P 500 ETF
$259,142,216$42,868,631 19.8%3,565,0330.2%ETF
JPMorgan Ultra-Short Income ETF stock logo
JPST
JPMorgan Ultra-Short Income ETF
$244,438,219$52,927,002 27.6%4,823,1690.2%ETF
Broadcom Inc. stock logo
AVGO
Broadcom
$243,147,816$13,662,851 6.0%882,0900.2%Computer and Technology
Schwab Fundamental International Equity ETF stock logo
FNDF
Schwab Fundamental International Equity ETF
$238,334,396$42,297,773 21.6%5,955,3830.2%ETF
Berkshire Hathaway Inc. stock logo
BRK.B
Berkshire Hathaway
$230,636,264$2,016,912 0.9%474,7860.2%Finance
SPDR Nuveen ICE Municipal Bond ETF stock logo
TFI
SPDR Nuveen ICE Municipal Bond ETF
$227,898,256$7,286,124 3.3%5,101,8190.2%Finance
VictoryShares Free Cash Flow ETF stock logo
VFLO
VictoryShares Free Cash Flow ETF
$224,189,097$27,967,895 14.3%6,341,9830.2%ETF
iShares MSCI EAFE ETF stock logo
EFA
iShares MSCI EAFE ETF
$214,095,028$4,616,189 2.2%2,395,0670.2%Finance
Avantis Emerging Markets Equity ETF stock logo
AVEM
Avantis Emerging Markets Equity ETF
$209,882,600$45,979,654 28.1%3,062,1910.2%ETF
Alphabet Inc. stock logo
GOOG
Alphabet
$206,542,261$7,455,340 3.7%1,164,3410.2%Computer and Technology
Capital Group International Focus Equity ETF stock logo
CGXU
Capital Group International Focus Equity ETF
$203,787,762$3,733,576 -1.8%7,511,5280.1%ETF
Vanguard Mid-Cap Growth ETF stock logo
VOT
Vanguard Mid-Cap Growth ETF
$203,651,623$21,775,706 12.0%716,1010.1%ETF
Costco Wholesale Corporation stock logo
COST
Costco Wholesale
$187,408,466$8,222,396 4.6%189,3140.1%Retail/Wholesale
iShares Russell Mid-Cap Growth ETF stock logo
IWP
iShares Russell Mid-Cap Growth ETF
$187,009,275$32,728,641 21.2%1,348,4940.1%ETF
Visa Inc. stock logo
V
Visa
$184,495,013$578,733 0.3%519,6300.1%Business Services
JPMorgan Ultra-Short Municipal ETF stock logo
JMST
JPMorgan Ultra-Short Municipal ETF
$183,948,768$23,671,131 14.8%3,612,5050.1%ETF
Avantis U.S. Small Cap Value ETF stock logo
AVUV
Avantis U.S. Small Cap Value ETF
$182,649,598$19,030,418 11.6%2,004,9360.1%ETF
iShares S&P 500 Growth ETF stock logo
IVW
iShares S&P 500 Growth ETF
$182,361,453$391,295 -0.2%1,656,3260.1%ETF
iShares MSCI USA Min Vol Factor ETF stock logo
USMV
iShares MSCI USA Min Vol Factor ETF
$178,729,570$6,695,276 3.9%1,904,0120.1%ETF
JPMorgan Equity Premium Income ETF stock logo
JEPI
JPMorgan Equity Premium Income ETF
$174,235,480$1,757,063 1.0%3,064,8280.1%ETF
Eli Lilly and Company stock logo
LLY
Eli Lilly and Company
$169,746,386$17,205,068 11.3%217,7540.1%Medical
Vanguard Mid-Cap Value ETF stock logo
VOE
Vanguard Mid-Cap Value ETF
$166,629,031$7,572,073 4.8%1,013,1880.1%ETF
Schwab U.S. REIT ETF stock logo
SCHH
Schwab U.S. REIT ETF
$166,246,995$4,233,629 2.6%7,856,6640.1%ETF
VanEck Intermediate Muni ETF stock logo
ITM
VanEck Intermediate Muni ETF
$165,369,590$52,971,511 47.1%3,636,8940.1%ETF
First Trust Rising Dividend Achievers ETF stock logo
RDVY
First Trust Rising Dividend Achievers ETF
$153,006,154$5,604,689 3.8%2,438,7340.1%Manufacturing
Salesforce Inc. stock logo
CRM
Salesforce
$151,438,824$23,361,922 18.2%555,3510.1%Computer and Technology
FIDELITY COVINGTON TRUST
$151,343,733$118,903,694 366.5%4,550,3230.1%ENHANCED INTL
Invesco S&P MidCap Quality ETF stock logo
XMHQ
Invesco S&P MidCap Quality ETF
$150,154,008$30,610,398 -16.9%1,528,4410.1%ETF
iShares Core Dividend Growth ETF stock logo
DGRO
iShares Core Dividend Growth ETF
$148,044,944$15,148,479 11.4%2,315,3720.1%ETF
SPDR Portfolio Emerging Markets ETF stock logo
SPEM
SPDR Portfolio Emerging Markets ETF
$144,473,341$4,540,099 3.2%3,380,2840.1%ETF
The Home Depot, Inc. stock logo
HD
Home Depot
$143,654,982$5,105,826 3.7%391,8150.1%Retail/Wholesale
Putnam Focused Large Cap Value ETF stock logo
PVAL
Putnam Focused Large Cap Value ETF
$143,456,339$74,092,286 106.8%3,565,9040.1%ETF
Capital Group Core Equity ETF stock logo
CGUS
Capital Group Core Equity ETF
$142,734,814$11,556,360 8.8%3,865,0090.1%ETF
iShares Select U.S. REIT ETF stock logo
ICF
iShares Select U.S. REIT ETF
$136,695,094$5,374,985 4.1%2,235,0410.1%ETF
VanEck Semiconductor ETF stock logo
SMH
VanEck Semiconductor ETF
$135,326,029$10,584,874 8.5%485,2490.1%Manufacturing
SPDR Gold Shares stock logo
GLD
SPDR Gold Shares
$134,318,514$11,258,291 9.1%440,6340.1%Finance
Capital Group Municipal Income ETF stock logo
CGMU
Capital Group Municipal Income ETF
$132,850,740$35,079,470 35.9%4,977,5470.1%ETF

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