Cliff Asness's NTRS Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 1.72 M shares of Northern Trust Corporation (NTRS) worth $235.42 M, representing 0.12% of the portfolio. First purchased in 2012-Q4, this long-term strategic position has been held for 53 quarters.
Based on 13F filings since 2013, Cliff Asness has maintained a long-term strategic position in NTRS, representing a significant commitment to this investment thesis. Largest addition occurred in Q4 2025, adding 703,985 shares. Largest reduction occurred in Q2 2025, reducing 197,934 shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's Northern Trust Corporation (NTRS) Holding Value Over Time
Track share changes against reported price movement
Quarterly Northern Trust Corporation (NTRS) Trades by Cliff Asness
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | +703,985 | Add 69.05% | 1.72 M | $136.59 |
| Q3 2025 | +409,434 | Add 67.11% | 1.02 M | $134.13 |
| Q2 2025 | -197,934 | Reduce 24.50% | 610,097 | $125.83 |
| Q1 2025 | +54,475 | Add 7.23% | 808,031 | $96.23 |
| Q4 2024 | +177,881 | Add 30.90% | 753,556 | $102.50 |
| Q3 2024 | -21,471 | Reduce 3.60% | 575,675 | $89.38 |
| Q2 2024 | +212,089 | Add 55.08% | 597,146 | $83.02 |
| Q1 2024 | -106,584 | Reduce 21.68% | 385,057 | $88.83 |
| Q4 2023 | +83,958 | Add 20.59% | 491,641 | $84.38 |
| Q3 2023 | +255,740 | Add 168.31% | 407,683 | $69.48 |
| Q2 2023 | +91,121 | Add 149.82% | 151,943 | $73.70 |
| Q1 2023 | -52,066 | Reduce 46.12% | 60,822 | $86.61 |
| Q4 2022 | +35,025 | Add 44.98% | 112,888 | $88.49 |
| Q3 2022 | +26,499 | Add 51.59% | 77,863 | $85.56 |
| Q2 2022 | -76,728 | Reduce 59.90% | 51,364 | $95.85 |
| Q1 2022 | -79,820 | Reduce 38.39% | 128,092 | $116.45 |
| Q4 2021 | -7,000 | Reduce 3.26% | 207,912 | $119.61 |
| Q3 2021 | +119,088 | Add 124.28% | 214,912 | $107.81 |
| Q2 2021 | -4,657 | Reduce 4.63% | 95,824 | $114.87 |
| Q1 2021 | +26,042 | Add 34.98% | 100,481 | $105.11 |
| Q4 2020 | -154,908 | Reduce 67.54% | 74,439 | $91.89 |
| Q3 2020 | -178,921 | Reduce 43.82% | 229,347 | $77.97 |
| Q2 2020 | +54,597 | Add 15.44% | 408,268 | $77.37 |
| Q1 2020 | +100,046 | Add 39.45% | 353,671 | $75.46 |
| Q4 2019 | +228,123 | Add 894.53% | 253,625 | $106.24 |
| Q3 2019 | -31,493 | Reduce 55.26% | 25,502 | $93.33 |
| Q2 2019 | -42,314 | Reduce 42.61% | 56,995 | $90.01 |
| Q1 2019 | +18,874 | Add 23.46% | 99,309 | $90.35 |
| Q4 2018 | -113,215 | Reduce 58.46% | 80,435 | $83.60 |
| Q3 2018 | -134,821 | Reduce 41.05% | 193,650 | $102.13 |
| Q2 2018 | -63,149 | Reduce 16.13% | 328,471 | $102.89 |
| Q1 2018 | -9,111 | Reduce 2.27% | 391,620 | $103.13 |
| Q4 2017 | +213,445 | Add 113.97% | 400,731 | $99.89 |
| Q3 2017 | -85,448 | Reduce 31.33% | 187,286 | $91.93 |
| Q2 2017 | -54,649 | Reduce 16.69% | 272,734 | $97.21 |
| Q1 2017 | -57,351 | Reduce 14.91% | 327,383 | $86.58 |
| Q4 2016 | +98,832 | Add 34.57% | 384,734 | $89.05 |
| Q3 2016 | -1,704 | Reduce 0.59% | 285,902 | $67.99 |
| Q2 2016 | -12,736 | Reduce 4.24% | 287,606 | $66.26 |
| Q1 2016 | +36,265 | Add 13.73% | 300,342 | $65.17 |
| Q4 2015 | +7,509 | Add 2.93% | 264,077 | $72.09 |
| Q3 2015 | +169,733 | Add 195.47% | 256,568 | $68.16 |
| Q2 2015 | +31,650 | Add 57.35% | 86,835 | $76.46 |
| Q1 2015 | -289 | Reduce 0.52% | 55,185 | $69.64 |
| Q4 2014 | -10,000 | Reduce 15.27% | 55,474 | $67.40 |
| Q3 2014 | +13,600 | Add 26.22% | 65,474 | $68.03 |
| Q2 2014 | +1,400 | Add 2.77% | 51,874 | $64.21 |
| Q1 2014 | -59,476 | Reduce 54.09% | 50,474 | $65.56 |
| Q4 2013 | +15,648 | Add 16.59% | 109,950 | $61.89 |
| Q3 2013 | +61,819 | Add 190.31% | 94,302 | $54.39 |
| Q2 2013 | +32,483 | Add 0.00% | 32,483 | $57.91 |
| Q4 2012 | +20,700 | Add 0.00% | 20,700 | $50.14 |
Cliff Asness's Northern Trust Corporation Investment FAQs
Cliff Asness first purchased Northern Trust Corporation (NTRS) in Q4 2012, acquiring 20,700 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness has held Northern Trust Corporation (NTRS) for 53 quarters since Q4 2012.
Cliff Asness's largest addition to Northern Trust Corporation (NTRS) was in Q4 2025, adding 1,723,516 shares worth $235.42 M.
According to the latest 13F filing for Q4 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 1,723,516 shares of Northern Trust Corporation (NTRS), valued at approximately $235.42 M.
As of the Q4 2025 filing, Northern Trust Corporation (NTRS) represents approximately 0.12% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings.
Cliff Asness's peak holding in Northern Trust Corporation (NTRS) was 1,723,516 shares, as reported at the end of Q4 2025.