Filed: 8/12/2026ACC: 0001141802-26-000015
📋 What this filing means
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO filed this quarterly 13F‑HR report disclosing 4085 equity positions with a total reported market value of $187.22B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
4085
Positions
$187.22B
Total AUM (reported)
2.24B
Total Shares
Allocation by class
CORE S&P500 ETF$26.23B14.0%
COM$12.56B6.7%
TOTAL BND MRKT$10.37B5.5%
CORE S&P MCP ETF$10.24B5.5%
INTL EQTY ETF$8.57B4.6%
CORE S&P SCP ETF$6.61B3.5%
S&P500 EQL WGT$6.00B3.2%
Portfolio Concentration
Top 3$46.84B25.0%
4–10$39.86B21.3%
11–25$31.59B16.9%
Rest$68.93B36.8%
Top 3 weight
25.0%
Top 10 weight
46.3%
Voting Authority Distribution
Total shares with voting rights: 2.24B
Sole
Full voting authority
675.84K
shares
% of voting shares0.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
2.24B
shares
% of voting shares100.0%
Investment Discretion (by position count)
Sole0
Shared0
Other4085
Dominant voting typeNone · 100.0% of voting shares
Institutional Holdings4085
Rows:
ISHARES TR
DFNDShares35.02M
TypeSH
Market value$26.23B
14.01%
Sole
0.00
Shared
0.00
None
35.02M
VANGUARD BD INDEX FDS
DFNDShares141.27M
TypeSH
Market value$10.37B
5.54%
Sole
0.00
Shared
0.00
None
141.27M
ISHARES TR
DFNDShares132.84M
TypeSH
Market value$10.24B
5.47%
Sole
0.00
Shared
0.00
None
132.84M
SCHWAB STRATEGIC TR
DFNDShares309.39M
TypeSH
Market value$8.57B
4.58%
Sole
0.00
Shared
0.00
None
309.39M
ISHARES TR
DFNDShares44.57M
TypeSH
Market value$6.61B
3.53%
Sole
0.00
Shared
0.00
None
44.57M
INVESCO EXCHANGE TRADED FD T
DFNDShares28.22M
TypeSH
Market value$6.00B
3.21%
Sole
0.00
Shared
0.00
None
28.22M
VANGUARD TAX-MANAGED FDS
DFNDShares66.82M
TypeSH
Market value$4.76B
2.54%
Sole
0.00
Shared
0.00
None
66.82M
STATE STR SPDR S&P 500 ETF T
DFNDShares6.24M
TypeSH
Market value$4.66B
2.49%
Sole
0.00
Shared
0.00
None
6.24M
VANGUARD INTL EQUITY INDEX F
DFNDShares77.65M
TypeSH
Market value$4.63B
2.48%
Sole
0.00
Shared
0.00
None
77.65M
FIDELITY MERRIMACK STR TR
DFNDShares101.66M
TypeSH
Market value$4.62B
2.47%
Sole
0.00
Shared
0.00
None
101.66M
ISHARES TR
DFNDShares37.30M
TypeSH
Market value$3.60B
1.92%
Sole
0.00
Shared
0.00
None
37.30M
ISHARES TR
DFNDShares39M
TypeSH
Market value$3.37B
1.80%
Sole
0.00
Shared
0.00
None
39M
AMERICAN CENTY ETF TR
DFNDShares32.37M
TypeSH
Market value$2.95B
1.58%
Sole
0.00
Shared
0.00
None
32.37M
ISHARES TR
DFNDShares59.03M
TypeSH
Market value$2.92B
1.56%
Sole
0.00
Shared
0.00
None
59.03M
INVESCO QQQ TR
DFNDShares3.17M
TypeSH
Market value$2.34B
1.25%
Sole
0.00
Shared
0.00
None
3.17M
VANGUARD INDEX FDS
DFNDShares3.22M
TypeSH
Market value$2.21B
1.18%
Sole
0.00
Shared
0.00
None
3.22M
VANGUARD INDEX FDS
DFNDShares24.39M
TypeSH
Market value$1.96B
1.05%
Sole
0.00
Shared
0.00
None
24.39M
VANGUARD MUN BD FDS
DFNDShares38.22M
TypeSH
Market value$1.93B
1.03%
Sole
0.00
Shared
0.00
None
38.22M
DIMENSIONAL ETF TRUST
DFNDShares33.55M
TypeSH
Market value$1.81B
0.97%
Sole
0.00
Shared
0.00
None
33.55M
ISHARES INC
DFNDShares20.13M
TypeSH
Market value$1.67B
0.89%
Sole
0.00
Shared
0.00
None
20.13M
VANGUARD INDEX FDS
DFNDShares16.95M
TypeSH
Market value$1.63B
0.87%
Sole
0.00
Shared
0.00
None
16.95M
ISHARES TR
DFNDShares33.42M
TypeSH
Market value$1.54B
0.82%
Sole
0.00
Shared
0.00
None
33.42M
ISHARES TR
DFNDShares12.87M
TypeSH
Market value$1.27B
0.68%
Sole
0.00
Shared
0.00
None
12.87M
NVIDIA CORPORATION
DFNDShares5.92M
TypeSH
Market value$1.19B
0.63%
Sole
59.25K
Shared
0.00
None
5.86M
SCHWAB STRATEGIC TR
DFNDShares49.79M
TypeSH
Market value$1.18B
0.63%
Sole
0.00
Shared
0.00
None
49.79M
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
ISHARES TRDFND | CORE S&P500 ETF | 35.02M | SH | $26.23B 14.01% | 0.00 | 0.00 | 35.02M |
VANGUARD BD INDEX FDSDFND | TOTAL BND MRKT | 141.27M | SH | $10.37B 5.54% | 0.00 | 0.00 | 141.27M |
ISHARES TRDFND | CORE S&P MCP ETF | 132.84M | SH | $10.24B 5.47% | 0.00 | 0.00 | 132.84M |
SCHWAB STRATEGIC TRDFND | INTL EQTY ETF | 309.39M | SH | $8.57B 4.58% | 0.00 | 0.00 | 309.39M |
ISHARES TRDFND | CORE S&P SCP ETF | 44.57M | SH | $6.61B 3.53% | 0.00 | 0.00 | 44.57M |
INVESCO EXCHANGE TRADED FD TDFND | S&P500 EQL WGT | 28.22M | SH | $6.00B 3.21% | 0.00 | 0.00 | 28.22M |
VANGUARD TAX-MANAGED FDSDFND | VAN FTSE DEV MKT | 66.82M | SH | $4.76B 2.54% | 0.00 | 0.00 | 66.82M |
STATE STR SPDR S&P 500 ETF TDFND | TR UNIT | 6.24M | SH | $4.66B 2.49% | 0.00 | 0.00 | 6.24M |
VANGUARD INTL EQUITY INDEX FDFND | FTSE EMR MKT ETF | 77.65M | SH | $4.63B 2.48% | 0.00 | 0.00 | 77.65M |
FIDELITY MERRIMACK STR TRDFND | TOTAL BD ETF | 101.66M | SH | $4.62B 2.47% | 0.00 | 0.00 | 101.66M |
ISHARES TRDFND | CORE MSCI EAFE | 37.30M | SH | $3.60B 1.92% | 0.00 | 0.00 | 37.30M |
ISHARES TRDFND | 20 YR TR BD ETF | 39M | SH | $3.37B 1.80% | 0.00 | 0.00 | 39M |
AMERICAN CENTY ETF TRDFND | US LARGE CAP VLU | 32.37M | SH | $2.95B 1.58% | 0.00 | 0.00 | 32.37M |
ISHARES TRDFND | MSCI INTL QUALTY | 59.03M | SH | $2.92B 1.56% | 0.00 | 0.00 | 59.03M |
INVESCO QQQ TRDFND | UNIT SER 1 | 3.17M | SH | $2.34B 1.25% | 0.00 | 0.00 | 3.17M |
VANGUARD INDEX FDSDFND | S&P 500 ETF SHS | 3.22M | SH | $2.21B 1.18% | 0.00 | 0.00 | 3.22M |
VANGUARD INDEX FDSDFND | MID CAP ETF | 24.39M | SH | $1.96B 1.05% | 0.00 | 0.00 | 24.39M |
VANGUARD MUN BD FDSDFND | TAX EXEMPT BD | 38.22M | SH | $1.93B 1.03% | 0.00 | 0.00 | 38.22M |
DIMENSIONAL ETF TRUSTDFND | INTERNATNAL VAL | 33.55M | SH | $1.81B 0.97% | 0.00 | 0.00 | 33.55M |
ISHARES INCDFND | CORE MSCI EMKT | 20.13M | SH | $1.67B 0.89% | 0.00 | 0.00 | 20.13M |
VANGUARD INDEX FDSDFND | REAL ESTATE ETF | 16.95M | SH | $1.63B 0.87% | 0.00 | 0.00 | 16.95M |
ISHARES TRDFND | CORE UNIVRSL USD | 33.42M | SH | $1.54B 0.82% | 0.00 | 0.00 | 33.42M |
ISHARES TRDFND | CORE US AGGBD ET | 12.87M | SH | $1.27B 0.68% | 0.00 | 0.00 | 12.87M |
NVIDIA CORPORATIONDFND | COM | 5.92M | SH | $1.19B 0.63% | 59.25K | 0.00 | 5.86M |
SCHWAB STRATEGIC TRDFND | US REIT ETF | 49.79M | SH | $1.18B 0.63% | 0.00 | 0.00 | 49.79M |
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