Free Trial

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 $162.43 billion in total holdings as of December 31, 2025.
  • Northwestern Mutual Wealth Management Co owns shares of 4,113 different stocks, but just 72 companies or ETFs make up 80% of its holdings.
  • Approximately 4.72% of the portfolio was purchased this quarter.
  • About ∞ of the portfolio was sold this quarter.
  • This quarter, Northwestern Mutual Wealth Management Co has purchased 4,007 new stocks and bought additional shares in 1,921 stocks.
  • Northwestern Mutual Wealth Management Co sold shares of 1,166 stocks and completely divested from 465 stocks this quarter.

Largest New Holdings this Quarter

92647X863 - VictoryShares Core Plus Intermediate Bond ETF
$38,339,577 Holding
G0593M107 - AstraZeneca
$8,709,827 Holding
05613H308 - BNY MELLON ETF TRUST II
$4,451,929 Holding
46438G539 - ISHARES TR
$3,376,048 Holding
52110K400 - LAZARD ACTIVE ETF TR
$1,414,494 Holding

Largest Purchases this Quarter

iShares Core S&P 500 ETF
759,983 shares (about $496.43M)
Vanguard Total Bond Market ETF
3,913,767 shares (about $288.21M)
iShares Core S&P Mid-Cap ETF
4,032,370 shares (about $272.31M)
Invesco S&P 500 Equal Weight ETF
842,656 shares (about $161.72M)
Fidelity Total Bond ETF
3,411,046 shares (about $155.61M)

Largest Sales this Quarter

West Bancorporation
4,585 shares (about $∞T)
iShares S&P 100 ETF
168,269 shares (about $53.52M)
Invesco S&P 500 Top 50 ETF
861,447 shares (about $46.99M)
Dominion Energy
700,720 shares (about $43.32M)
Dover
200,599 shares (about $41.82M)

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
$22,599,562,503$496,428,471 2.2%34,597,70013.9%ETF
Vanguard Total Bond Market ETF stock logo
BND
Vanguard Total Bond Market ETF
$9,927,891,915$288,209,804 3.0%134,816,5656.1%ETF
iShares Core S&P Mid-Cap ETF stock logo
IJH
iShares Core S&P Mid-Cap ETF
$8,699,457,130$272,305,945 3.2%128,823,5925.4%ETF
Schwab International Equity ETF stock logo
SCHF
Schwab International Equity ETF
$7,481,596,641$112,199,595 1.5%302,286,7344.6%ETF
iShares Core S&P Small-Cap ETF stock logo
IJR
iShares Core S&P Small-Cap ETF
$5,399,828,177$108,873,058 2.1%43,438,4063.3%ETF
Invesco S&P 500 Equal Weight ETF stock logo
RSP
Invesco S&P 500 Equal Weight ETF
$5,200,047,991$161,722,538 3.2%27,094,8733.2%ETF
Fidelity Total Bond ETF stock logo
FBND
Fidelity Total Bond ETF
$4,372,852,876$155,611,917 3.7%95,853,8562.7%ETF
Vanguard FTSE Emerging Markets ETF stock logo
VWO
Vanguard FTSE Emerging Markets ETF
$4,332,654,466$104,610,965 2.5%80,160,1192.7%ETF
Vanguard FTSE Developed Markets ETF stock logo
VEA
Vanguard FTSE Developed Markets ETF
$4,110,609,744$144,933,327 3.7%64,148,0912.5%ETF
SPDR S&P 500 ETF Trust stock logo
SPY
SPDR S&P 500 ETF Trust
$3,975,140,032$104,322,987 2.7%6,112,4032.4%Finance
iShares 20+ Year Treasury Bond ETF stock logo
TLT
iShares 20+ Year Treasury Bond ETF
$3,847,336,183$107,517,793 2.9%44,380,3922.4%ETF
iShares Core MSCI EAFE ETF stock logo
IEFA
iShares Core MSCI EAFE ETF
$3,290,066,789$121,613,928 3.8%36,342,2822.0%ETF
iShares MSCI USA Value Factor ETF stock logo
VLUE
iShares MSCI USA Value Factor ETF
$3,274,374,647$40,043,407 1.2%23,028,1632.0%ETF
iShares MSCI Intl Quality Factor ETF stock logo
IQLT
iShares MSCI Intl Quality Factor ETF
$2,622,882,475$65,803,228 2.6%56,735,5061.6%ETF
Vanguard Tax-Exempt Bond ETF stock logo
VTEB
Vanguard Tax-Exempt Bond ETF
$1,924,334,728$95,791,095 5.2%38,571,5521.2%ETF
Invesco QQQ stock logo
QQQ
Invesco QQQ
$1,836,695,837$52,463,369 2.9%3,182,1881.1%Finance
Vanguard Mid-Cap ETF stock logo
VO
Vanguard Mid-Cap ETF
$1,811,827,710$36,721,705 2.1%6,309,0321.1%ETF
Vanguard S&P 500 ETF stock logo
VOO
Vanguard S&P 500 ETF
$1,725,470,862$122,757,714 7.7%2,887,5751.1%ETF
Dimensional International Value ETF stock logo
DFIV
Dimensional International Value ETF
$1,645,463,914$90,409,388 5.8%31,175,9011.0%ETF
iShares Core Total USD Bond Market ETF stock logo
IUSB
iShares Core Total USD Bond Market ETF
$1,401,314,378$79,229,383 6.0%30,338,0470.9%Manufacturing
iShares Core MSCI Emerging Markets ETF stock logo
IEMG
iShares Core MSCI Emerging Markets ETF
$1,355,959,172$76,951,547 6.0%19,440,2750.8%ETF
iShares Core U.S. Aggregate Bond ETF stock logo
AGG
iShares Core U.S. Aggregate Bond ETF
$1,286,817,944$67,977,316 5.6%12,962,8080.8%Finance
Vanguard Real Estate ETF stock logo
VNQ
Vanguard Real Estate ETF
$1,138,153,196$74,268,329 7.0%12,831,4910.7%ETF
NVIDIA Corporation stock logo
NVDA
NVIDIA
$1,010,829,335$34,755,495 3.6%5,796,0370.6%Computer and Technology
iShares National Muni Bond ETF stock logo
MUB
iShares National Muni Bond ETF
$945,091,611$50,128,916 5.6%8,903,3590.6%ETF
Apple Inc. stock logo
AAPL
Apple
$932,333,089$8,905,489 -0.9%3,673,6410.6%Computer and Technology
Vanguard Intermediate-Term Bond ETF stock logo
BIV
Vanguard Intermediate-Term Bond ETF
$931,561,491$65,012,417 7.5%12,069,9860.6%ETF
Schwab US Large-Cap ETF stock logo
SCHX
Schwab US Large-Cap ETF
$892,517,341$98,062,643 12.3%34,809,5680.5%ETF
Vanguard Value ETF stock logo
VTV
Vanguard Value ETF
$890,754,872$87,629,787 10.9%4,540,0350.5%ETF
Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF stock logo
GSLC
Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF
$886,645,953$1,005,920 0.1%7,085,7980.5%ETF
Invesco NASDAQ 100 ETF stock logo
QQQM
Invesco NASDAQ 100 ETF
$877,990,976$7,304,202 0.8%3,694,9370.5%ETF
Vanguard Large-Cap ETF stock logo
VV
Vanguard Large-Cap ETF
$849,216,044$24,044,284 2.9%2,841,6120.5%ETF
Capital Group Dividend Value ETF stock logo
CGDV
Capital Group Dividend Value ETF
$842,550,462$44,715,452 5.6%19,806,0760.5%ETF
Microsoft Corporation stock logo
MSFT
Microsoft
$831,874,595$85,664,378 11.5%2,247,2770.5%Computer and Technology
iShares International Equity Factor ETF stock logo
INTF
iShares International Equity Factor ETF
$787,788,243$44,958,553 6.1%20,220,4380.5%ETF
Vanguard Growth ETF stock logo
VUG
Vanguard Growth ETF
$775,716,691$10,624,916 1.4%1,775,9490.5%ETF
iShares U.S. Equity Factor Rotation Active ETF stock logo
DYNF
iShares U.S. Equity Factor Rotation Active ETF
$770,847,643$119,551,638 18.4%13,249,3580.5%ETF
Amazon.com, Inc. stock logo
AMZN
Amazon.com
$758,564,606$26,930,972 3.7%3,642,2180.5%Retail/Wholesale
Vanguard Small-Cap ETF stock logo
VB
Vanguard Small-Cap ETF
$736,778,622$17,027,158 2.4%2,812,9910.5%ETF
iShares MSCI Intl Value Factor ETF stock logo
IVLU
iShares MSCI Intl Value Factor ETF
$721,648,485$39,126,900 5.7%18,186,7060.4%ETF
Alphabet Inc. stock logo
GOOGL
Alphabet
$650,042,569$21,728,329 -3.2%2,260,5450.4%Computer and Technology
iShares Gold Trust stock logo
IAU
iShares Gold Trust
$568,621,935$12,880,528 -2.2%6,449,8860.4%Finance
SPDR S&P MidCap 400 ETF Trust stock logo
MDY
SPDR S&P MidCap 400 ETF Trust
$533,354,134$21,424,385 4.2%864,7680.3%ETF
Capital Group Growth ETF stock logo
CGGR
Capital Group Growth ETF
$520,340,189$32,569,736 6.7%12,947,0060.3%ETF
iShares Russell 1000 ETF stock logo
IWB
iShares Russell 1000 ETF
$492,090,319$20,630,565 4.4%1,380,1050.3%ETF
Pacer US Cash Cows 100 ETF stock logo
COWZ
Pacer US Cash Cows 100 ETF
$478,175,519$20,975,494 -4.2%7,643,4700.3%ETF
iShares 7-10 Year Treasury Bond ETF stock logo
IEF
iShares 7-10 Year Treasury Bond ETF
$462,965,807$23,104,121 5.3%4,850,8560.3%ETF
Vanguard Information Technology ETF stock logo
VGT
Vanguard Information Technology ETF
$435,742,820$5,582,457 -1.3%624,5240.3%ETF
FIDELITY COVINGTON TRUST
$432,464,735$71,053,600 19.7%11,625,3960.3%ENHANCED INTL
Schwab US Dividend Equity ETF stock logo
SCHD
Schwab US Dividend Equity ETF
$421,381,055$9,684,051 -2.2%13,734,7140.3%ETF
SPDR Portfolio S&P 500 ETF stock logo
SPLG
SPDR Portfolio S&P 500 ETF
$411,119,907$97,605,891 31.1%5,371,3070.3%ETF
iShares MSCI Emerging Markets ex China ETF stock logo
EMXC
iShares MSCI Emerging Markets ex China ETF
$404,469,887$32,409,966 8.7%5,142,0020.2%Manufacturing
Avantis Emerging Markets Equity ETF stock logo
AVEM
Avantis Emerging Markets Equity ETF
$399,463,247$107,086,083 36.6%4,957,3490.2%ETF
FIDELITY COVINGTON TRUST
$396,838,141$66,321,744 20.1%11,035,5440.2%ENHANCED MID
Meta Platforms, Inc. stock logo
META
Meta Platforms
$396,259,864$12,078,836 3.1%692,6030.2%Computer and Technology
Xtrackers MSCI EAFE Hedged Equity ETF stock logo
DBEF
Xtrackers MSCI EAFE Hedged Equity ETF
$374,070,928$9,176,248 -2.4%7,572,2860.2%ETF
iShares MSCI USA Quality Factor ETF stock logo
QUAL
iShares MSCI USA Quality Factor ETF
$364,624,901$16,706,077 -4.4%1,900,9690.2%ETF
Capital Group Global Growth Equity ETF stock logo
CGGO
Capital Group Global Growth Equity ETF
$362,378,167$6,474,648 -1.8%10,859,3990.2%ETF
Schwab U.S. Mid-Cap ETF stock logo
SCHM
Schwab U.S. Mid-Cap ETF
$360,326,158$21,851,999 6.5%11,638,4430.2%ETF
Broadcom Inc. stock logo
AVGO
Broadcom
$342,053,300$97,771,077 40.0%1,105,1450.2%Computer and Technology
Vanguard Dividend Appreciation ETF stock logo
VIG
Vanguard Dividend Appreciation ETF
$341,427,312$2,422,219 0.7%1,587,5920.2%ETF
iShares Global 100 ETF stock logo
IOO
iShares Global 100 ETF
$338,908,078$2,569,403 0.8%2,801,5880.2%ETF
JPMorgan Chase & Co. stock logo
JPM
JPMorgan Chase & Co.
$334,593,249$5,644,049 1.7%1,137,4530.2%Finance
Alphabet Inc. stock logo
GOOG
Alphabet
$323,335,557$18,013,940 5.9%1,127,1550.2%Computer and Technology
Vanguard Total World Stock ETF stock logo
VT
Vanguard Total World Stock ETF
$319,840,634$285,493 0.1%2,312,3230.2%ETF
Avantis International Equity ETF stock logo
AVDE
Avantis International Equity ETF
$300,336,026$32,035,335 11.9%3,540,0280.2%ETF
Schwab Fundamental International Equity ETF stock logo
FNDF
Schwab Fundamental International Equity ETF
$299,459,331$4,264,837 1.4%6,120,1570.2%ETF
VictoryShares Free Cash Flow ETF stock logo
VFLO
VictoryShares Free Cash Flow ETF
$298,985,336$6,835,015 2.3%7,573,0830.2%ETF
Schwab U.S. Large-Cap Growth ETF stock logo
SCHG
Schwab U.S. Large-Cap Growth ETF
$295,573,445$12,390,767 -4.0%10,146,7020.2%ETF
iShares Russell 1000 Growth ETF stock logo
IWF
iShares Russell 1000 Growth ETF
$284,099,577$120,245 0.0%666,2750.2%ETF
Avantis U.S. Small Cap Value ETF stock logo
AVUV
Avantis U.S. Small Cap Value ETF
$264,349,900$8,811,531 3.4%2,392,9560.2%ETF
Vanguard Total Stock Market ETF stock logo
VTI
Vanguard Total Stock Market ETF
$262,243,876$17,950,923 7.3%817,4430.2%ETF
iShares MSCI Eurozone ETF stock logo
EZU
iShares MSCI Eurozone ETF
$257,929,930$13,277,485 -4.9%4,117,6560.2%ETF
Putnam Focused Large Cap Value ETF stock logo
PVAL
Putnam Focused Large Cap Value ETF
$254,782,132$41,176,150 19.3%5,490,9940.2%ETF
SPDR Nuveen ICE Municipal Bond ETF stock logo
TFI
SPDR Nuveen ICE Municipal Bond ETF
$252,696,253$10,541,415 4.4%5,573,3620.2%Finance
iShares MSCI EAFE ETF stock logo
EFA
iShares MSCI EAFE ETF
$238,583,344$4,166,588 -1.7%2,456,3290.1%Finance
JPMorgan Municipal ETF stock logo
JMUB
JPMorgan Municipal ETF
$238,433,926$30,490,247 14.7%4,769,6330.1%ETF
Capital Group Municipal Income ETF stock logo
CGMU
Capital Group Municipal Income ETF
$237,929,207$31,687,714 15.4%8,763,5070.1%ETF
Capital Group International Focus Equity ETF stock logo
CGXU
Capital Group International Focus Equity ETF
$228,226,712$4,458,269 2.0%7,739,1220.1%ETF
Vanguard Mid-Cap Growth ETF stock logo
VOT
Vanguard Mid-Cap Growth ETF
$224,353,490$7,836,827 -3.4%871,7830.1%ETF
Eli Lilly and Company stock logo
LLY
Eli Lilly and Company
$223,185,360$7,529,251 3.5%242,6530.1%Medical
First Trust Rising Dividend Achievers ETF stock logo
RDVY
First Trust Rising Dividend Achievers ETF
$212,533,519$26,978,589 14.5%3,112,6760.1%Manufacturing
Berkshire Hathaway Inc. stock logo
BRK.B
Berkshire Hathaway
$211,710,979$2,685,915 -1.3%441,8010.1%Finance
SPDR Gold Shares stock logo
GLD
SPDR Gold Shares
$210,054,136$89,500 0.0%488,1690.1%Finance
VanEck Semiconductor ETF stock logo
SMH
VanEck Semiconductor ETF
$205,226,815$4,882,984 -2.3%535,2810.1%Manufacturing
JPMorgan Ultra-Short Municipal ETF stock logo
JMST
JPMorgan Ultra-Short Municipal ETF
$197,590,547$4,959,539 -2.4%3,875,8440.1%ETF
Taiwan Semiconductor Manufacturing Company Ltd. stock logo
TSM
Taiwan Semiconductor Manufacturing
$193,674,533$22,005,213 12.8%573,0880.1%Computer and Technology
Vanguard Short-Term Corporate Bond ETF stock logo
VCSH
Vanguard Short-Term Corporate Bond ETF
$193,648,156$15,801,684 8.9%2,442,8930.1%ETF
Avantis U.S. Large Cap Value ETF stock logo
AVLV
Avantis U.S. Large Cap Value ETF
$193,568,684$29,454,257 17.9%2,401,2980.1%ETF
Vanguard Mid-Cap Value ETF stock logo
VOE
Vanguard Mid-Cap Value ETF
$192,706,941$12,232,495 6.8%1,045,7300.1%ETF
Costco Wholesale Corporation stock logo
COST
Costco Wholesale
$191,423,207$5,653,745 3.0%192,1090.1%Retail/Wholesale
iShares S&P 500 Growth ETF stock logo
IVW
iShares S&P 500 Growth ETF
$187,026,462$4,922,660 -2.6%1,653,4920.1%ETF
VanEck Intermediate Muni ETF stock logo
ITM
VanEck Intermediate Muni ETF
$182,560,115$14,273,000 -7.3%3,931,9430.1%ETF
iShares Russell Mid-Cap Growth ETF stock logo
IWP
iShares Russell Mid-Cap Growth ETF
$181,360,985$1,362,684 0.8%1,415,5560.1%ETF
Franklin International Low Volatility High Dividend Index ETF stock logo
LVHI
Franklin International Low Volatility High Dividend Index ETF
$176,973,651$22,081,161 14.3%4,365,4090.1%ETF
Visa Inc. stock logo
V
Visa
$175,076,751$10,329,674 6.3%579,2630.1%Business Services
iShares Core Dividend Growth ETF stock logo
DGRO
iShares Core Dividend Growth ETF
$174,891,633$8,266,505 5.0%2,492,0430.1%ETF
Invesco S&P 500 Momentum ETF stock logo
SPMO
Invesco S&P 500 Momentum ETF
$173,398,618$19,033,810 12.3%1,546,6830.1%ETF
Capital Group Core Equity ETF stock logo
CGUS
Capital Group Core Equity ETF
$173,396,414$7,238,330 4.4%4,513,1800.1%ETF
JPMorgan Ultra-Short Income ETF stock logo
JPST
JPMorgan Ultra-Short Income ETF
$172,198,551$30,920,483 -15.2%3,402,4610.1%ETF

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