Go Pro

Northwestern Mutual Wealth Management Co Top Holdings and 13F Report (2026)

About Northwestern Mutual Wealth Management Co

Investment Activity

  • Northwestern Mutual Wealth Management Co has $187.22 billion in total holdings as of June 30, 2026.
  • Northwestern Mutual Wealth Management Co owns shares of 4,085 different stocks, but just 77 companies or ETFs make up 80% of its holdings.
  • Approximately 8.27% of the portfolio was purchased this quarter.
  • About 3.52% of the portfolio was sold this quarter.
  • This quarter, Northwestern Mutual Wealth Management Co has purchased 4,112 new stocks and bought additional shares in 1,751 stocks.
  • Northwestern Mutual Wealth Management Co sold shares of 1,356 stocks and completely divested from 518 stocks this quarter.

Largest Holdings

iShares Core S&P 500 ETF
$26,225,263,758

Largest New Holdings this Quarter

19249U104 - COHEN & STEERS ETF TRUST
$29,288,017 Holding
92189F130 - VanEck Real Assets ETF
$24,838,141 Holding
438516205 - HONEYWELL INTL INC
$10,065,090 Holding
43849R105 - HONEYWELL AEROSPACE INC
$9,974,244 Holding
092528504 - iShares AAA CLO Active ETF
$7,557,319 Holding

Largest Purchases this Quarter

Avantis U.S. Large Cap Value ETF
29,966,939 shares (about $2.73B)
Vanguard Mid-Cap ETF
18,076,710 shares (about $1.46B)
Schwab U.S. REIT ETF
42,224,379 shares (about $999.87M)
Vanguard Growth ETF
9,112,231 shares (about $784.93M)
Vanguard Information Technology ETF
4,107,038 shares (about $490.87M)

Largest Sales this Quarter

iShares MSCI USA Value Factor ETF
19,725,283 shares (about $3.94B)
iShares 20+ Year Treasury Bond ETF
5,384,687 shares (about $465.34M)
Vanguard FTSE Emerging Markets ETF
2,510,518 shares (about $149.85M)
Marvell Technology
372,453 shares (about $110.95M)
Advanced Micro Devices
158,957 shares (about $92.34M)

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
$26,225,263,758$315,392,030 â–²1.2%35,018,84614.0%ETF
Vanguard Total Bond Market ETF stock logo
BND
Vanguard Total Bond Market ETF
$10,370,946,752$474,062,694 â–²4.8%141,274,3055.5%ETF
iShares Core S&P Mid-Cap ETF stock logo
IJH
iShares Core S&P Mid-Cap ETF
$10,243,390,414$309,803,153 â–²3.1%132,841,2705.5%ETF
Schwab International Equity ETF stock logo
SCHF
Schwab International Equity ETF
$8,570,220,852$196,878,277 â–²2.4%309,394,2534.6%ETF
iShares Core S&P Small-Cap ETF stock logo
IJR
iShares Core S&P Small-Cap ETF
$6,610,324,855$167,974,723 â–²2.6%44,570,9983.5%ETF
Invesco S&P 500 Equal Weight ETF stock logo
RSP
Invesco S&P 500 Equal Weight ETF
$6,004,774,719$239,798,598 â–²4.2%28,221,9053.2%ETF
Vanguard FTSE Developed Markets ETF stock logo
VEA
Vanguard FTSE Developed Markets ETF
$4,761,172,292$190,620,824 â–²4.2%66,823,4712.5%ETF
SPDR S&P 500 ETF Trust stock logo
SPY
SPDR S&P 500 ETF Trust
$4,658,416,819$93,857,053 â–²2.1%6,238,0872.5%ETF
Vanguard FTSE Emerging Markets ETF stock logo
VWO
Vanguard FTSE Emerging Markets ETF
$4,634,904,659$149,852,819 â–¼-3.1%77,649,6012.5%ETF
Fidelity Total Bond ETF stock logo
FBND
Fidelity Total Bond ETF
$4,624,365,945$263,974,056 â–²6.1%101,656,7592.5%ETF
iShares Core MSCI EAFE ETF stock logo
IEFA
iShares Core MSCI EAFE ETF
$3,602,363,620$92,426,092 â–²2.6%37,299,2721.9%ETF
iShares 20+ Year Treasury Bond ETF stock logo
TLT
iShares 20+ Year Treasury Bond ETF
$3,370,008,803$465,344,647 â–¼-12.1%38,995,7051.8%ETF
Avantis U.S. Large Cap Value ETF stock logo
AVLV
Avantis U.S. Large Cap Value ETF
$2,952,306,982$2,733,284,585 â–²1,247.9%32,368,2371.6%ETF
iShares MSCI Intl Quality Factor ETF stock logo
IQLT
iShares MSCI Intl Quality Factor ETF
$2,924,764,201$113,519,844 â–²4.0%59,026,5221.6%ETF
Invesco QQQ stock logo
QQQ
Invesco QQQ
$2,337,162,898$6,200,488 â–¼-0.3%3,173,7681.2%ETF
Vanguard S&P 500 ETF stock logo
VOO
Vanguard S&P 500 ETF
$2,208,916,053$225,700,855 â–²11.4%3,216,1971.2%ETF
Vanguard Mid-Cap ETF stock logo
VO
Vanguard Mid-Cap ETF
$1,964,759,210$1,456,440,508 â–²286.5%24,385,7421.0%ETF
Vanguard Tax-Exempt Bond ETF stock logo
VTEB
Vanguard Tax-Exempt Bond ETF
$1,933,278,594$17,670,477 â–¼-0.9%38,222,1951.0%ETF
Dimensional International Value ETF stock logo
DFIV
Dimensional International Value ETF
$1,812,106,526$127,984,196 â–²7.6%33,545,1011.0%ETF
iShares Core MSCI Emerging Markets ETF stock logo
IEMG
iShares Core MSCI Emerging Markets ETF
$1,667,973,559$57,541,162 â–²3.6%20,134,8810.9%ETF
Vanguard Real Estate ETF stock logo
VNQ
Vanguard Real Estate ETF
$1,634,473,513$397,132,939 â–²32.1%16,949,8460.9%ETF
iShares Core Total USD Bond Market ETF stock logo
IUSB
iShares Core Total USD Bond Market ETF
$1,542,409,141$142,308,320 â–²10.2%33,421,6510.8%ETF
iShares Core U.S. Aggregate Bond ETF stock logo
AGG
iShares Core U.S. Aggregate Bond ETF
$1,274,287,668$8,771,113 â–¼-0.7%12,874,1930.7%ETF
NVIDIA Corporation stock logo
NVDA
NVIDIA
$1,185,137,945$25,408,635 â–²2.2%5,923,0230.6%Technology
Schwab U.S. REIT ETF stock logo
SCHH
Schwab U.S. REIT ETF
$1,179,139,221$999,873,287 â–²557.8%49,794,7310.6%ETF
Invesco NASDAQ 100 ETF stock logo
QQQM
Invesco NASDAQ 100 ETF
$1,171,999,717$52,544,402 â–²4.7%3,868,3680.6%ETF
Schwab US Large-Cap ETF stock logo
SCHX
Schwab US Large-Cap ETF
$1,113,023,483$88,577,885 â–²8.6%37,819,3500.6%ETF
Capital Group Dividend Value ETF stock logo
CGDV
Capital Group Dividend Value ETF
$1,063,899,691$87,856,284 â–²9.0%21,588,8740.6%ETF
Vanguard Value ETF stock logo
VTV
Vanguard Value ETF
$1,043,254,935$53,845,057 â–²5.4%4,787,1100.6%ETF
Apple Inc. stock logo
AAPL
Apple
$1,033,310,294$29,694,411 â–¼-2.8%3,571,0200.6%Technology
iShares U.S. Equity Factor Rotation Active ETF stock logo
DYNF
iShares U.S. Equity Factor Rotation Active ETF
$1,031,669,877$130,581,037 â–²14.5%15,169,3850.6%ETF
iShares National Muni Bond ETF stock logo
MUB
iShares National Muni Bond ETF
$1,006,733,714$48,554,165 â–²5.1%9,354,5220.5%ETF
Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF stock logo
GSLC
Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF
$991,539,905$13,863,929 â–¼-1.4%6,988,0890.5%ETF
Vanguard Intermediate-Term Bond ETF stock logo
BIV
Vanguard Intermediate-Term Bond ETF
$983,475,730$57,707,850 â–²6.2%12,822,3700.5%ETF
Vanguard Large-Cap ETF stock logo
VV
Vanguard Large-Cap ETF
$973,767,950$3,491,031 â–¼-0.4%2,831,4610.5%ETF
Vanguard Growth ETF stock logo
VUG
Vanguard Growth ETF
$937,907,688$784,927,464 â–²513.1%10,888,1800.5%ETF
iShares International Equity Factor ETF stock logo
INTF
iShares International Equity Factor ETF
$896,287,164$68,058,030 â–²8.2%21,882,0110.5%ETF
Amazon.com, Inc. stock logo
AMZN
Amazon.com
$873,446,248$5,360,028 â–²0.6%3,664,7070.5%Consumer Discretionary
Microsoft Corporation stock logo
MSFT
Microsoft
$857,952,016$19,672,703 â–²2.3%2,300,0160.5%Technology
Vanguard Small-Cap ETF stock logo
VB
Vanguard Small-Cap ETF
$852,949,711$276,142 â–²0.0%2,813,9020.5%ETF
Alphabet Inc. stock logo
GOOGL
Alphabet
$791,146,671$16,704,186 â–¼-2.1%2,213,8030.4%Communication Services
iShares MSCI Intl Value Factor ETF stock logo
IVLU
iShares MSCI Intl Value Factor ETF
$779,457,665$18,889,634 â–²2.5%18,638,3950.4%ETF
iShares MSCI USA Value Factor ETF stock logo
VLUE
iShares MSCI USA Value Factor ETF
$659,948,564$3,941,309,460 â–¼-85.7%3,302,8800.4%ETF
SPDR S&P MidCap 400 ETF Trust stock logo
MDY
SPDR S&P MidCap 400 ETF Trust
$635,355,435$27,129,916 â–²4.5%903,3410.3%ETF
Capital Group Growth ETF stock logo
CGGR
Capital Group Growth ETF
$618,578,365$7,479,690 â–²1.2%13,105,4740.3%ETF
Vanguard Information Technology ETF stock logo
VGT
Vanguard Information Technology ETF
$565,516,383$490,873,262 â–²657.6%4,731,5620.3%ETF
iShares Russell 1000 ETF stock logo
IWB
iShares Russell 1000 ETF
$547,671,868$17,481,146 â–¼-3.1%1,337,4160.3%ETF
iShares MSCI Emerging Markets ex China ETF stock logo
EMXC
iShares MSCI Emerging Markets ex China ETF
$547,409,789$21,383,050 â–²4.1%5,351,0250.3%ETF
FIDELITY COVINGTON TRUST
$538,613,487$90,791,098 â–²20.3%13,272,8800.3%ENH MID COR ETF
Avantis Emerging Markets Equity ETF stock logo
AVEM
Avantis Emerging Markets Equity ETF
$518,767,295$40,432,598 â–²8.5%5,376,3830.3%ETF
SPDR Portfolio S&P 500 ETF stock logo
SPLG
SPDR Portfolio S&P 500 ETF
$515,015,754$42,985,354 â–²9.1%5,860,4440.3%ETF
FIDELITY COVINGTON TRUST
$506,570,222$40,043,079 â–²8.6%12,623,2300.3%ENHANCED INTL
iShares 7-10 Year Treasury Bond ETF stock logo
IEF
iShares 7-10 Year Treasury Bond ETF
$479,282,051$20,536,540 â–²4.5%5,068,0130.3%ETF
iShares Gold Trust stock logo
IAU
iShares Gold Trust
$477,253,473$9,777,412 â–¼-2.0%6,320,4010.3%ETF
Schwab U.S. Mid-Cap ETF stock logo
SCHM
Schwab U.S. Mid-Cap ETF
$463,405,467$34,296,069 â–²8.0%12,568,6320.2%ETF
Pacer US Cash Cows 100 ETF stock logo
COWZ
Pacer US Cash Cows 100 ETF
$457,393,309$18,030,472 â–¼-3.8%7,353,5910.2%ETF
Capital Group Global Growth Equity ETF stock logo
CGGO
Capital Group Global Growth Equity ETF
$456,982,032$2,696,336 â–¼-0.6%10,795,7010.2%ETF
Broadcom Inc. stock logo
AVGO
Broadcom
$453,922,592$36,454,708 â–²8.7%1,201,6500.2%Technology
Meta Platforms, Inc. stock logo
META
Meta Platforms
$426,677,071$36,540,116 â–²9.4%757,4720.2%Communication Services
Schwab US Dividend Equity ETF stock logo
SCHD
Schwab US Dividend Equity ETF
$424,873,140$10,654,688 â–¼-2.4%13,398,7100.2%ETF
Xtrackers MSCI EAFE Hedged Equity ETF stock logo
DBEF
Xtrackers MSCI EAFE Hedged Equity ETF
$412,934,052$739,963 â–¼-0.2%7,558,7410.2%ETF
Alphabet Inc. stock logo
GOOG
Alphabet
$395,706,541$2,550,686 â–¼-0.6%1,119,9360.2%Communication Services
iShares Global 100 ETF stock logo
IOO
iShares Global 100 ETF
$383,755,309$1,058,377 â–²0.3%2,809,3360.2%ETF
JPMorgan Chase & Co. stock logo
JPM
JPMorgan Chase & Co.
$383,147,664$10,825,132 â–²2.9%1,170,5240.2%Finance
VictoryShares Free Cash Flow ETF stock logo
VFLO
VictoryShares Free Cash Flow ETF
$371,362,668$24,894,130 â–²7.2%8,117,2170.2%ETF
Schwab U.S. Large-Cap Growth ETF stock logo
SCHG
Schwab U.S. Large-Cap Growth ETF
$371,202,561$27,838,171 â–²8.1%10,969,3430.2%ETF
Avantis International Equity ETF stock logo
AVDE
Avantis International Equity ETF
$370,007,444$54,236,907 â–²17.2%4,148,0650.2%ETF
Vanguard Total World Stock ETF stock logo
VT
Vanguard Total World Stock ETF
$367,804,281$4,885,070 â–²1.3%2,343,4480.2%ETF
Vanguard Dividend Appreciation ETF stock logo
VIG
Vanguard Dividend Appreciation ETF
$359,643,958$16,012,076 â–¼-4.3%1,519,9220.2%ETF
iShares MSCI USA Quality Factor ETF stock logo
QUAL
iShares MSCI USA Quality Factor ETF
$353,991,825$63,137,671 â–¼-15.1%1,613,2340.2%ETF
VanEck Semiconductor ETF stock logo
SMH
VanEck Semiconductor ETF
$353,541,522$2,456,306 â–²0.7%539,0260.2%ETF
Putnam Focused Large Cap Value ETF stock logo
PVAL
Putnam Focused Large Cap Value ETF
$337,327,463$57,561,322 â–²20.6%6,620,7550.2%ETF
iShares Russell 1000 Growth ETF stock logo
IWF
iShares Russell 1000 Growth ETF
$335,462,643$252,731,245 â–²305.5%2,701,6390.2%ETF
Schwab Fundamental International Equity ETF stock logo
FNDF
Schwab Fundamental International Equity ETF
$333,591,447$10,692,023 â–²3.3%6,322,8110.2%ETF
Avantis U.S. Small Cap Value ETF stock logo
AVUV
Avantis U.S. Small Cap Value ETF
$326,020,776$27,475,640 â–²9.2%2,613,1840.2%ETF
Applied Materials, Inc. stock logo
AMAT
Applied Materials
$313,634,817$15,091,917 â–¼-4.6%433,7960.2%Technology
CAPITAL GRP FIXED INCM ETF T
$305,202,944$276,055,691 â–²947.1%11,567,2870.2%SHOR DUR MUN ETF
Vanguard Total Stock Market ETF stock logo
VTI
Vanguard Total Stock Market ETF
$303,434,248$947,303 â–²0.3%820,0030.2%ETF
Eli Lilly and Company stock logo
LLY
Eli Lilly and Company
$290,587,809$458,183 â–¼-0.2%242,2710.2%Healthcare
First Trust Rising Dividend Achievers ETF stock logo
RDVY
First Trust Rising Dividend Achievers ETF
$283,113,147$30,799,638 â–²12.2%3,492,6370.2%ETF
iShares MSCI Eurozone ETF stock logo
EZU
iShares MSCI Eurozone ETF
$280,073,649$6,103,349 â–¼-2.1%4,029,8380.1%ETF
Advanced Micro Devices, Inc. stock logo
AMD
Advanced Micro Devices
$279,132,537$92,339,729 â–¼-24.9%480,5090.1%Technology
Vanguard Mid-Cap Growth ETF stock logo
VOT
Vanguard Mid-Cap Growth ETF
$277,387,780$10,360,599 â–²3.9%905,6080.1%ETF
LAM RESEARCH CORP
$275,344,435$10,627,837 â–²4.0%635,4160.1%COM NEW
Taiwan Semiconductor Manufacturing Company Ltd. stock logo
TSM
Taiwan Semiconductor Manufacturing
$275,041,146$1,351,523 â–²0.5%575,9180.1%Technology
SPDR Portfolio S&P 500 Growth ETF stock logo
SPYG
SPDR Portfolio S&P 500 Growth ETF
$273,133,844$107,802,050 â–²65.2%2,295,4360.1%ETF
Capital Group Municipal Income ETF stock logo
CGMU
Capital Group Municipal Income ETF
$271,768,848$31,035,329 â–²12.9%9,893,2970.1%ETF
Capital Group International Focus Equity ETF stock logo
CGXU
Capital Group International Focus Equity ETF
$266,973,197$955,235 â–¼-0.4%7,711,5300.1%ETF
Invesco S&P 500 Momentum ETF stock logo
SPMO
Invesco S&P 500 Momentum ETF
$266,704,360$16,853,148 â–²6.7%1,651,0110.1%ETF
JPMorgan Municipal ETF stock logo
JMUB
JPMorgan Municipal ETF
$266,572,248$24,966,482 â–²10.3%5,262,5060.1%ETF
SPDR Nuveen ICE Municipal Bond ETF stock logo
TFI
SPDR Nuveen ICE Municipal Bond ETF
$266,337,236$11,077,235 â–²4.3%5,815,2230.1%ETF
iShares MSCI EAFE ETF stock logo
EFA
iShares MSCI EAFE ETF
$264,035,404$8,871,974 â–²3.5%2,541,7350.1%ETF
Invesco S&P MidCap Momentum ETF stock logo
XMMO
Invesco S&P MidCap Momentum ETF
$233,422,834$35,116,377 â–²17.7%1,371,9460.1%ETF
Invesco S&P 500 Quality ETF stock logo
SPHQ
Invesco S&P 500 Quality ETF
$228,953,586$40,516,533 â–²21.5%2,541,1050.1%ETF
BLACKROCK ETF TRUST
$228,374,545$78,795,889 â–²52.7%4,331,8390.1%ISHA I IN TE ETF
iShares S&P 500 Growth ETF stock logo
IVW
iShares S&P 500 Growth ETF
$227,980,967$576,251 â–²0.3%1,657,6820.1%ETF
Berkshire Hathaway Inc. stock logo
BRK.B
Berkshire Hathaway
$222,752,051$1,679,308 â–²0.8%445,1570.1%Finance
JPMorgan Core Plus Bond ETF stock logo
JCPB
JPMorgan Core Plus Bond ETF
$221,990,276$77,759,438 â–²53.9%4,729,2350.1%ETF
Schwab US Small-Cap ETF stock logo
SCHA
Schwab US Small-Cap ETF
$220,428,684$10,729,672 â–²5.1%6,100,9870.1%ETF
Vanguard Mid-Cap Value ETF stock logo
VOE
Vanguard Mid-Cap Value ETF
$219,224,103$12,587,721 â–²6.1%1,109,4330.1%ETF

Showing largest 100 holdings. View all holdings.
SEC Filings and Trading Data