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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 $122.28 billion in total holdings as of March 31, 2025.
  • Northwestern Mutual Wealth Management Co owns shares of 3,648 different stocks, but just 58 companies or ETFs make up 80% of its holdings.
  • Approximately 5.64% of the portfolio was purchased this quarter.
  • About 1.34% of the portfolio was sold this quarter.
  • This quarter, Northwestern Mutual Wealth Management Co has purchased 3,588 new stocks and bought additional shares in 1,565 stocks.
  • Northwestern Mutual Wealth Management Co sold shares of 1,120 stocks and completely divested from 419 stocks this quarter.

Largest New Holdings this Quarter

092528843 - BLACKROCK ETF TRUST II
$13,401,085 Holding
78464A706 - SPDR Global Dow ETF
$4,201,787 Holding
33939L746 - FlexShares US Quality Large Cap Index Fund
$2,535,286 Holding
14020Y607 - CAPITAL GRP FIXED INCM ETF T
$1,449,564 Holding

Largest Purchases this Quarter

iShares Core S&P 500 ETF
768,618 shares (about $431.89M)
Fidelity Total Bond ETF
7,778,802 shares (about $355.10M)
Schwab International Equity ETF
13,021,873 shares (about $257.57M)
iShares Core S&P Mid-Cap ETF
3,403,689 shares (about $198.61M)
Vanguard S&P 500 ETF
303,314 shares (about $155.88M)

Largest Sales this Quarter

iShares Short Treasury Bond ETF
913,664 shares (about $100.92M)
Avantis International Small Cap Value ETF
1,141,339 shares (about $79.60M)
Pacer US Cash Cows 100 ETF
1,019,368 shares (about $55.82M)
NextEra Energy
712,195 shares (about $50.49M)
Pacer US Small Cap Cash Cows ETF
1,299,479 shares (about $48.73M)

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
$17,586,070,368$431,886,456 2.5%31,297,50914.4%ETF
Vanguard Total Bond Market ETF stock logo
BND
Vanguard Total Bond Market ETF
$8,734,453,078$146,071,411 1.7%118,916,9927.1%ETF
Schwab International Equity ETF stock logo
SCHF
Schwab International Equity ETF
$6,885,263,934$257,572,649 3.9%348,092,2105.6%ETF
iShares Core S&P Mid-Cap ETF stock logo
IJH
iShares Core S&P Mid-Cap ETF
$6,656,619,616$198,605,254 3.1%114,080,8845.4%ETF
iShares Core S&P Small-Cap ETF stock logo
IJR
iShares Core S&P Small-Cap ETF
$4,083,521,064$96,590,052 2.4%39,050,5993.3%ETF
Invesco S&P 500 Equal Weight ETF stock logo
RSP
Invesco S&P 500 Equal Weight ETF
$4,080,267,021$68,764,864 1.7%23,554,0433.3%ETF
Fidelity Total Bond ETF stock logo
FBND
Fidelity Total Bond ETF
$3,705,080,749$355,102,309 10.6%81,162,7773.0%ETF
iShares 20+ Year Treasury Bond ETF stock logo
TLT
iShares 20+ Year Treasury Bond ETF
$3,460,692,509$34,119,043 1.0%38,017,0572.8%ETF
SPDR S&P 500 ETF Trust stock logo
SPY
SPDR S&P 500 ETF Trust
$3,115,838,834$96,838,228 3.2%5,570,0662.5%Finance
Vanguard FTSE Emerging Markets ETF stock logo
VWO
Vanguard FTSE Emerging Markets ETF
$3,101,223,912$103,038,598 3.4%68,520,1932.5%ETF
Vanguard FTSE Developed Markets ETF stock logo
VEA
Vanguard FTSE Developed Markets ETF
$3,030,902,061$93,559,729 3.2%59,628,2142.5%ETF
iShares Core MSCI EAFE ETF stock logo
IEFA
iShares Core MSCI EAFE ETF
$2,583,926,436$126,244,640 5.1%34,156,3322.1%ETF
iShares MSCI Eurozone ETF stock logo
EZU
iShares MSCI Eurozone ETF
$2,251,968,846$61,189,416 2.8%42,290,4941.8%ETF
iShares MSCI USA Value Factor ETF stock logo
VLUE
iShares MSCI USA Value Factor ETF
$2,205,269,130$57,208,446 2.7%20,677,6291.8%ETF
Vanguard Tax-Exempt Bond ETF stock logo
VTEB
Vanguard Tax-Exempt Bond ETF
$1,711,760,220$42,529,202 2.5%34,497,3851.4%ETF
Vanguard Mid-Cap ETF stock logo
VO
Vanguard Mid-Cap ETF
$1,616,671,975$118,622,774 7.9%6,251,1491.3%ETF
Invesco QQQ stock logo
QQQ
Invesco QQQ
$1,501,063,443$24,493,573 1.7%3,201,1071.2%Finance
Vanguard S&P 500 ETF stock logo
VOO
Vanguard S&P 500 ETF
$1,150,975,230$155,876,068 15.7%2,239,6440.9%ETF
iShares Core U.S. Aggregate Bond ETF stock logo
AGG
iShares Core U.S. Aggregate Bond ETF
$1,142,117,249$110,448,621 10.7%11,545,8690.9%Finance
iShares Core Total USD Bond Market ETF stock logo
IUSB
iShares Core Total USD Bond Market ETF
$1,059,225,744$51,956,167 5.2%22,986,6700.9%Manufacturing
iShares Core MSCI Emerging Markets ETF stock logo
IEMG
iShares Core MSCI Emerging Markets ETF
$986,873,573$41,745,094 4.4%18,285,5950.8%ETF
Vanguard Real Estate ETF stock logo
VNQ
Vanguard Real Estate ETF
$864,026,488$44,584,155 5.4%9,543,0370.7%ETF
iShares National Muni Bond ETF stock logo
MUB
iShares National Muni Bond ETF
$800,088,200$58,052,108 7.8%7,588,0890.7%ETF
Apple Inc. stock logo
AAPL
Apple
$788,829,373$18,878,828 2.5%3,551,2060.6%Computer and Technology
Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF stock logo
GSLC
Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF
$765,029,417$15,239,696 -2.0%6,949,7580.6%ETF
Pacer US Cash Cows 100 ETF stock logo
COWZ
Pacer US Cash Cows 100 ETF
$709,096,280$55,820,592 -7.3%12,949,1650.6%ETF
Microsoft Co. stock logo
MSFT
Microsoft
$696,762,729$34,616,206 5.2%1,856,1040.6%Computer and Technology
Vanguard Large-Cap ETF stock logo
VV
Vanguard Large-Cap ETF
$684,606,687$13,591,234 2.0%2,663,5280.6%ETF
Vanguard Intermediate-Term Bond ETF stock logo
BIV
Vanguard Intermediate-Term Bond ETF
$661,992,336$26,133,187 4.1%8,645,5840.5%ETF
Vanguard Growth ETF stock logo
VUG
Vanguard Growth ETF
$648,010,810$15,640,823 2.5%1,747,5070.5%ETF
NVIDIA Co. stock logo
NVDA
NVIDIA
$598,076,195$41,281,084 7.4%5,518,3250.5%Computer and Technology
Amazon.com, Inc. stock logo
AMZN
Amazon.com
$591,205,827$25,009,110 4.4%3,107,3570.5%Retail/Wholesale
Vanguard Value ETF stock logo
VTV
Vanguard Value ETF
$580,194,344$16,298,712 2.9%3,358,7720.5%ETF
Invesco NASDAQ 100 ETF stock logo
QQQM
Invesco NASDAQ 100 ETF
$566,139,307$71,136,371 14.4%2,933,0600.5%ETF
Schwab US Large-Cap ETF stock logo
SCHX
Schwab US Large-Cap ETF
$540,496,598$81,721,019 17.8%24,479,0120.4%ETF
Schwab US Dividend Equity ETF stock logo
SCHD
Schwab US Dividend Equity ETF
$496,670,986$12,835,038 -2.5%17,763,6260.4%ETF
Capital Group Dividend Value ETF stock logo
CGDV
Capital Group Dividend Value ETF
$492,945,351$79,124,796 19.1%13,831,2380.4%ETF
iShares MSCI Intl Value Factor ETF stock logo
IVLU
iShares MSCI Intl Value Factor ETF
$467,699,213$15,257,842 3.4%15,430,5250.4%ETF
Xtrackers MSCI EAFE Hedged Equity ETF stock logo
DBEF
Xtrackers MSCI EAFE Hedged Equity ETF
$461,543,328$57,563,795 14.2%10,659,2000.4%ETF
Vanguard Small-Cap ETF stock logo
VB
Vanguard Small-Cap ETF
$445,920,084$32,377,029 7.8%2,010,9150.4%ETF
iShares 7-10 Year Treasury Bond ETF stock logo
IEF
iShares 7-10 Year Treasury Bond ETF
$440,362,179$12,214,608 2.9%4,617,4080.4%ETF
iShares MSCI USA Quality Factor ETF stock logo
QUAL
iShares MSCI USA Quality Factor ETF
$405,076,590$10,334,063 -2.5%2,370,3930.3%ETF
iShares Russell 1000 ETF stock logo
IWB
iShares Russell 1000 ETF
$393,957,826$20,772,723 5.6%1,284,3390.3%ETF
Alphabet Inc. stock logo
GOOGL
Alphabet
$346,445,606$9,144,634 2.7%2,240,3370.3%Computer and Technology
Vanguard Information Technology ETF stock logo
VGT
Vanguard Information Technology ETF
$338,122,592$27,590,886 8.9%623,4050.3%ETF
Capital Group Growth ETF stock logo
CGGR
Capital Group Growth ETF
$310,801,379$39,950,950 14.8%9,074,4920.3%ETF
SPDR S&P MidCap 400 ETF Trust stock logo
MDY
SPDR S&P MidCap 400 ETF Trust
$307,623,712$10,927,288 3.7%576,6350.3%ETF
Capital Group Global Growth Equity ETF stock logo
CGGO
Capital Group Global Growth Equity ETF
$304,454,528$17,052,592 5.9%10,746,7180.2%ETF
iShares MSCI Emerging Markets ex China ETF stock logo
EMXC
iShares MSCI Emerging Markets ex China ETF
$288,077,771$19,911,729 7.4%5,229,2210.2%Manufacturing
iShares Global 100 ETF stock logo
IOO
iShares Global 100 ETF
$284,569,537$31,825,497 -10.1%2,955,3370.2%ETF
Meta Platforms, Inc. stock logo
META
Meta Platforms
$280,990,924$10,731,818 4.0%487,5270.2%Computer and Technology
Vanguard Dividend Appreciation ETF stock logo
VIG
Vanguard Dividend Appreciation ETF
$280,711,470$11,506,904 -3.9%1,447,0410.2%ETF
iShares Gold Trust stock logo
IAU
iShares Gold Trust
$278,199,019$24,443,875 9.6%4,718,4360.2%Finance
Vanguard Total World Stock ETF stock logo
VT
Vanguard Total World Stock ETF
$263,013,262$10,520,721 4.2%2,268,3340.2%ETF
JPMorgan Chase & Co. stock logo
JPM
JPMorgan Chase & Co.
$261,810,250$9,601,536 3.8%1,067,3060.2%Finance
Berkshire Hathaway Inc. stock logo
BRK.B
Berkshire Hathaway
$250,649,391$45,606,798 -15.4%470,6340.2%Finance
Vanguard Total Stock Market ETF stock logo
VTI
Vanguard Total Stock Market ETF
$243,910,295$2,814,914 -1.1%887,4620.2%ETF
iShares Russell 1000 Growth ETF stock logo
IWF
iShares Russell 1000 Growth ETF
$233,296,025$9,460,187 4.2%646,0890.2%ETF
iShares U.S. Equity Factor Rotation Active ETF stock logo
DYNF
iShares U.S. Equity Factor Rotation Active ETF
$232,563,506$32,354,942 16.2%4,769,5550.2%ETF
SPDR Nuveen Barclays Municipal Bond ETF stock logo
TFI
SPDR Nuveen Barclays Municipal Bond ETF
$222,587,630$8,774,859 4.1%4,938,7090.2%Finance
Schwab U.S. Mid-Cap ETF stock logo
SCHM
Schwab U.S. Mid-Cap ETF
$214,880,182$16,158,404 8.1%8,201,5340.2%ETF
Schwab U.S. Large-Cap Growth ETF stock logo
SCHG
Schwab U.S. Large-Cap Growth ETF
$206,600,332$12,716,915 6.6%8,250,8120.2%ETF
SPDR Portfolio S&P 500 ETF stock logo
SPLG
SPDR Portfolio S&P 500 ETF
$195,654,814$50,689,108 35.0%2,975,2870.2%ETF
iShares MSCI EAFE ETF stock logo
EFA
iShares MSCI EAFE ETF
$191,528,217$3,831,421 2.0%2,343,4260.2%Finance
JPMorgan Ultra-Short Income ETF stock logo
JPST
JPMorgan Ultra-Short Income ETF
$191,322,303$20,829,389 12.2%3,778,8320.2%ETF
VictoryShares Free Cash Flow ETF stock logo
VFLO
VictoryShares Free Cash Flow ETF
$190,281,853$70,507,248 58.9%5,550,8120.2%ETF
Capital Group International Focus Equity ETF stock logo
CGXU
Capital Group International Focus Equity ETF
$187,251,082$22,557,119 13.7%7,649,1460.2%ETF
Visa Inc. stock logo
V
Visa
$181,538,394$4,771,866 -2.6%518,0000.1%Business Services
Schwab Fundamental International Large Company Index ETF stock logo
FNDF
Schwab Fundamental International Large Company Index ETF
$177,030,605$11,104,955 6.7%4,898,4670.1%ETF
Alphabet Inc. stock logo
GOOG
Alphabet
$175,338,921$37,127,739 26.9%1,122,3130.1%Computer and Technology
JPMorgan Equity Premium Income ETF stock logo
JEPI
JPMorgan Equity Premium Income ETF
$173,358,186$11,529,819 7.1%3,033,9210.1%ETF
iShares MSCI USA Min Vol Factor ETF stock logo
USMV
iShares MSCI USA Min Vol Factor ETF
$171,649,493$12,267,121 -6.7%1,832,6870.1%ETF
Costco Wholesale Co. stock logo
COST
Costco Wholesale
$171,193,840$3,772,718 2.3%181,0080.1%Retail/Wholesale
Invesco S&P MidCap Quality ETF stock logo
XMHQ
Invesco S&P MidCap Quality ETF
$168,417,905$15,938,764 -8.6%1,840,0290.1%ETF
Schwab U.S. REIT ETF stock logo
SCHH
Schwab U.S. REIT ETF
$164,693,182$144,676 0.1%7,656,5870.1%ETF
Eli Lilly and Company stock logo
LLY
Eli Lilly and Company
$161,617,125$7,248,212 4.7%195,6830.1%Medical
JPMorgan Ultra-Short Municipal ETF stock logo
JMST
JPMorgan Ultra-Short Municipal ETF
$160,057,279$38,051,612 31.2%3,147,6360.1%ETF
Avantis U.S. Small Cap Value ETF stock logo
AVUV
Avantis U.S. Small Cap Value ETF
$156,560,883$33,992,481 27.7%1,796,0400.1%ETF
Vanguard Mid-Cap Growth ETF stock logo
VOT
Vanguard Mid-Cap Growth ETF
$156,454,873$17,134,097 12.3%639,5310.1%ETF
Vanguard Mid-Cap Value ETF stock logo
VOE
Vanguard Mid-Cap Value ETF
$155,265,550$9,023,147 6.2%967,1460.1%ETF
iShares S&P 500 Growth ETF stock logo
IVW
iShares S&P 500 Growth ETF
$154,086,641$519,848 0.3%1,659,8800.1%ETF
Mastercard Incorporated stock logo
MA
Mastercard
$153,013,724$712,556 0.5%279,1610.1%Business Services
iShares 0-3 Month Treasury Bond ETF stock logo
SGOV
iShares 0-3 Month Treasury Bond ETF
$144,132,668$18,213,922 14.5%1,431,7340.1%ETF
Avantis Emerging Markets Equity ETF stock logo
AVEM
Avantis Emerging Markets Equity ETF
$143,887,361$19,220,526 15.4%2,391,3470.1%ETF
Broadcom Inc. stock logo
AVGO
Broadcom
$139,389,667$43,769,940 45.8%832,5240.1%Computer and Technology
The Home Depot, Inc. stock logo
HD
Home Depot
$138,492,333$29,040,624 26.5%377,8890.1%Retail/Wholesale
First Trust NASDAQ Rising Dividend Achievers stock logo
RDVY
First Trust NASDAQ Rising Dividend Achievers
$137,534,028$15,431,382 12.6%2,349,4020.1%Manufacturing
Avantis U.S. Large Cap Value ETF stock logo
AVLV
Avantis U.S. Large Cap Value ETF
$132,355,952$17,168,627 14.9%2,029,6870.1%ETF
iShares Select U.S. REIT ETF stock logo
ICF
iShares Select U.S. REIT ETF
$132,114,536$4,189,330 3.3%2,147,1570.1%ETF
iShares Russell Mid-Cap Growth ETF stock logo
IWP
iShares Russell Mid-Cap Growth ETF
$130,706,829$16,400,550 14.3%1,112,4930.1%ETF
Pacer Global Cash Cows Dividend ETF stock logo
GCOW
Pacer Global Cash Cows Dividend ETF
$129,571,448$8,713,193 -6.3%3,503,8240.1%ETF
SPDR Portfolio Emerging Markets ETF stock logo
SPEM
SPDR Portfolio Emerging Markets ETF
$128,899,668$5,753,532 4.7%3,274,0580.1%ETF
iShares Core Dividend Growth ETF stock logo
DGRO
iShares Core Dividend Growth ETF
$128,407,010$2,250,461 1.8%2,078,4550.1%ETF
Salesforce, Inc. stock logo
CRM
Salesforce
$126,043,206$41,287,772 48.7%469,6790.1%Computer and Technology
SPDR Nuveen Barclays Short Term Municipal Bond ETF stock logo
SHM
SPDR Nuveen Barclays Short Term Municipal Bond ETF
$124,379,095$4,765,522 4.0%2,613,0060.1%Finance
UnitedHealth Group Incorporated stock logo
UNH
UnitedHealth Group
$122,701,303$2,034,765 -1.6%234,2750.1%Medical
Capital Group Core Equity ETF stock logo
CGUS
Capital Group Core Equity ETF
$118,639,589$10,902,663 10.1%3,552,0830.1%ETF
iShares Global REIT ETF stock logo
REET
iShares Global REIT ETF
$118,404,816$7,556,432 6.8%4,880,6600.1%ETF
SPDR Dow Jones Industrial Average ETF Trust stock logo
DIA
SPDR Dow Jones Industrial Average ETF Trust
$117,453,040$230,094 -0.2%279,7300.1%Finance
SPDR Gold Shares stock logo
GLD
SPDR Gold Shares
$116,322,454$4,384,052 -3.6%403,7010.1%Finance

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