Filed: 2/11/2025ACC: 0001085146-25-000995
📋 What this filing means
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO filed this quarterly 13F‑HR report disclosing 3588 equity positions with a total reported market value of $118.52B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
3588
Positions
$118.52B
Total AUM (reported)
1.64B
Total Shares
Allocation by class
CORE S&P500 ETF$17.97B15.2%
TOTAL BND MRKT$8.41B7.1%
COM$8.32B7.0%
CORE S&P MCP ETF$6.90B5.8%
INTL EQTY ETF$6.20B5.2%
CORE S&P SCP ETF$4.39B3.7%
S&P500 EQL WGT$4.06B3.4%
Portfolio Concentration
Top 3$33.28B28.1%
4–10$27.31B23.0%
11–25$21.18B17.9%
Rest$36.76B31.0%
Top 3 weight
28.1%
Top 10 weight
51.1%
Voting Authority Distribution
Total shares with voting rights: 1.64B
Sole
Full voting authority
767.74K
shares
% of voting shares0.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
1.64B
shares
% of voting shares100.0%
Investment Discretion (by position count)
Sole0
Shared0
Other3588
Dominant voting typeNone · 100.0% of voting shares
Institutional Holdings3588
Rows:
ISHARES TR
DFNDShares30.53M
TypeSH
Market value$17.97B
15.16%
Sole
0.00
Shared
0.00
None
30.53M
VANGUARD BD INDEX FDS
DFNDShares116.93M
TypeSH
Market value$8.41B
7.09%
Sole
0.00
Shared
0.00
None
116.93M
ISHARES TR
DFNDShares110.68M
TypeSH
Market value$6.90B
5.82%
Sole
0.00
Shared
0.00
None
110.68M
SCHWAB STRATEGIC TR
DFNDShares335.07M
TypeSH
Market value$6.20B
5.23%
Sole
0.00
Shared
0.00
None
335.07M
ISHARES TR
DFNDShares38.13M
TypeSH
Market value$4.39B
3.71%
Sole
0.00
Shared
0.00
None
38.13M
INVESCO EXCHANGE TRADED FD T
DFNDShares23.16M
TypeSH
Market value$4.06B
3.42%
Sole
0.00
Shared
0.00
None
23.16M
FIDELITY MERRIMACK STR TR
DFNDShares73.38M
TypeSH
Market value$3.29B
2.78%
Sole
0.00
Shared
0.00
None
73.38M
ISHARES TR
DFNDShares37.64M
TypeSH
Market value$3.29B
2.77%
Sole
0.00
Shared
0.00
None
37.64M
SPDR S&P 500 ETF TR
DFNDShares5.40M
TypeSH
Market value$3.16B
2.67%
Sole
0.00
Shared
0.00
None
5.40M
VANGUARD INTL EQUITY INDEX F
DFNDShares66.24M
TypeSH
Market value$2.92B
2.46%
Sole
0.00
Shared
0.00
None
66.24M
VANGUARD TAX-MANAGED FDS
DFNDShares57.79M
TypeSH
Market value$2.76B
2.33%
Sole
0.00
Shared
0.00
None
57.79M
ISHARES TR
DFNDShares32.49M
TypeSH
Market value$2.28B
1.93%
Sole
0.00
Shared
0.00
None
32.49M
ISHARES TR
DFNDShares20.14M
TypeSH
Market value$2.13B
1.79%
Sole
0.00
Shared
0.00
None
20.14M
ISHARES INC
DFNDShares41.14M
TypeSH
Market value$1.94B
1.64%
Sole
0.00
Shared
0.00
None
41.14M
VANGUARD MUN BD FDS
DFNDShares33.64M
TypeSH
Market value$1.69B
1.42%
Sole
0.00
Shared
0.00
None
33.64M
INVESCO QQQ TR
DFNDShares3.15M
TypeSH
Market value$1.61B
1.36%
Sole
0.00
Shared
0.00
None
3.15M
VANGUARD INDEX FDS
DFNDShares5.79M
TypeSH
Market value$1.53B
1.29%
Sole
0.00
Shared
0.00
None
5.79M
VANGUARD INDEX FDS
DFNDShares1.94M
TypeSH
Market value$1.04B
0.88%
Sole
0.00
Shared
0.00
None
1.94M
ISHARES TR
DFNDShares10.43M
TypeSH
Market value$1.01B
0.85%
Sole
0.00
Shared
0.00
None
10.43M
ISHARES TR
DFNDShares21.86M
TypeSH
Market value$988.03M
0.83%
Sole
0.00
Shared
0.00
None
21.86M
ISHARES INC
DFNDShares17.51M
TypeSH
Market value$914.48M
0.77%
Sole
0.00
Shared
0.00
None
17.51M
APPLE INC
DFNDShares3.47M
TypeSH
Market value$868.01M
0.73%
Sole
25.77K
Shared
0.00
None
3.44M
GOLDMAN SACHS ETF TR
DFNDShares7.09M
TypeSH
Market value$816.42M
0.69%
Sole
0.00
Shared
0.00
None
7.09M
VANGUARD INDEX FDS
DFNDShares9.05M
TypeSH
Market value$806.23M
0.68%
Sole
0.00
Shared
0.00
None
9.05M
PACER FDS TR
DFNDShares13.97M
TypeSH
Market value$788.94M
0.67%
Sole
0.00
Shared
0.00
None
13.97M
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
ISHARES TRDFND | CORE S&P500 ETF | 30.53M | SH | $17.97B 15.16% | 0.00 | 0.00 | 30.53M |
VANGUARD BD INDEX FDSDFND | TOTAL BND MRKT | 116.93M | SH | $8.41B 7.09% | 0.00 | 0.00 | 116.93M |
ISHARES TRDFND | CORE S&P MCP ETF | 110.68M | SH | $6.90B 5.82% | 0.00 | 0.00 | 110.68M |
SCHWAB STRATEGIC TRDFND | INTL EQTY ETF | 335.07M | SH | $6.20B 5.23% | 0.00 | 0.00 | 335.07M |
ISHARES TRDFND | CORE S&P SCP ETF | 38.13M | SH | $4.39B 3.71% | 0.00 | 0.00 | 38.13M |
INVESCO EXCHANGE TRADED FD TDFND | S&P500 EQL WGT | 23.16M | SH | $4.06B 3.42% | 0.00 | 0.00 | 23.16M |
FIDELITY MERRIMACK STR TRDFND | TOTAL BD ETF | 73.38M | SH | $3.29B 2.78% | 0.00 | 0.00 | 73.38M |
ISHARES TRDFND | 20 YR TR BD ETF | 37.64M | SH | $3.29B 2.77% | 0.00 | 0.00 | 37.64M |
SPDR S&P 500 ETF TRDFND | TR UNIT | 5.40M | SH | $3.16B 2.67% | 0.00 | 0.00 | 5.40M |
VANGUARD INTL EQUITY INDEX FDFND | FTSE EMR MKT ETF | 66.24M | SH | $2.92B 2.46% | 0.00 | 0.00 | 66.24M |
VANGUARD TAX-MANAGED FDSDFND | VAN FTSE DEV MKT | 57.79M | SH | $2.76B 2.33% | 0.00 | 0.00 | 57.79M |
ISHARES TRDFND | CORE MSCI EAFE | 32.49M | SH | $2.28B 1.93% | 0.00 | 0.00 | 32.49M |
ISHARES TRDFND | MSCI USA VALUE | 20.14M | SH | $2.13B 1.79% | 0.00 | 0.00 | 20.14M |
ISHARES INCDFND | MSCI EURZONE ETF | 41.14M | SH | $1.94B 1.64% | 0.00 | 0.00 | 41.14M |
VANGUARD MUN BD FDSDFND | TAX EXEMPT BD | 33.64M | SH | $1.69B 1.42% | 0.00 | 0.00 | 33.64M |
INVESCO QQQ TRDFND | UNIT SER 1 | 3.15M | SH | $1.61B 1.36% | 0.00 | 0.00 | 3.15M |
VANGUARD INDEX FDSDFND | MID CAP ETF | 5.79M | SH | $1.53B 1.29% | 0.00 | 0.00 | 5.79M |
VANGUARD INDEX FDSDFND | S&P 500 ETF SHS | 1.94M | SH | $1.04B 0.88% | 0.00 | 0.00 | 1.94M |
ISHARES TRDFND | CORE US AGGBD ET | 10.43M | SH | $1.01B 0.85% | 0.00 | 0.00 | 10.43M |
ISHARES TRDFND | CORE TOTAL USD | 21.86M | SH | $988.03M 0.83% | 0.00 | 0.00 | 21.86M |
ISHARES INCDFND | CORE MSCI EMKT | 17.51M | SH | $914.48M 0.77% | 0.00 | 0.00 | 17.51M |
APPLE INCDFND | COM | 3.47M | SH | $868.01M 0.73% | 25.77K | 0.00 | 3.44M |
GOLDMAN SACHS ETF TRDFND | ACTIVEBETA US LG | 7.09M | SH | $816.42M 0.69% | 0.00 | 0.00 | 7.09M |
VANGUARD INDEX FDSDFND | REAL ESTATE ETF | 9.05M | SH | $806.23M 0.68% | 0.00 | 0.00 | 9.05M |
PACER FDS TRDFND | US CASH COWS 100 | 13.97M | SH | $788.94M 0.67% | 0.00 | 0.00 | 13.97M |
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