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NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO

720 EAST WISCONSIN AVENUE, MILWAUKEE, WI 53202 • 414-665-8621

Q4 2025 · Filed 2026-02-10
Market Value
$160.4B
+6.9%
Holdings
4,089
+179
New Purchases
473
Added To
2,002
Closed
0
Reduced
1,171
Top 10 Concentration
46.6%
Turnover
11.6%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
GIGB 0.39% 0.00% +0.39% $627M
FBK 0.13% 0.00% +0.13% $210M
DYNF 0.42% 0.32% +0.11% $681M
VLUE 1.94% 1.85% +0.09% $3.1B
DFIV 0.92% 0.83% +0.09% $1.5B
VEA 2.41% 2.32% +0.09% $3.9B
ILTB 0.09% 0.00% +0.09% $140M
GOOGL 0.46% 0.38% +0.08% $731M
IAU 0.33% 0.27% +0.06% $535M
FTCB 0.06% 0.00% +0.06% $99M
BSCP 0.06% 0.00% +0.06% $103M
ALHC 0.06% 0.00% +0.06% $92M
EGHT 0.05% 0.00% +0.05% $80M
VOO 1.05% 1.00% +0.04% $1.7B
CGDV 0.51% 0.47% +0.04% $818M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
IVV 14.45% 14.92% -0.47% $23.2B
BND 6.05% 6.28% -0.23% $9.7B
IJH 5.14% 5.34% -0.20% $8.2B
IJR 3.19% 3.35% -0.16% $5.1B
TLT 2.34% 2.49% -0.14% $3.8B
FBND 2.65% 2.76% -0.11% $4.3B
SPY 2.53% 2.63% -0.10% $4.1B
QQQ 1.18% 1.27% -0.09% $1.9B
VWO 2.62% 2.70% -0.08% $4.2B
DBEF 0.23% 0.30% -0.07% $373M
RSP 3.14% 3.20% -0.06% $5.0B
MSFT 0.61% 0.67% -0.06% $975M
VO 1.12% 1.18% -0.06% $1.8B
FI 0.00% 0.06% -0.06% $3M
LYFT 0.00% 0.05% -0.05% $969K

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Financial Services 92.3%
Technology 3.2%
Communication Services 1.1%
Consumer Cyclical 0.9%
Industrials 0.8%

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 81 $57.9B 36.1%
Large Cap 1,044 $85.3B 53.2%
Mid Cap 1,221 $12.8B 8.0%
Small Cap 1,259 $3.8B 2.3%
Micro Cap 484 $577M 0.4%

Portfolio Analytics

Avg Market Cap
$27.7B
Median Market Cap
$3.0B
Avg P/E
30.6
Median P/E
19.3
Avg Dividend Yield
0.03%
Avg Beta
1.02
# Stocks
2,500
# ETFs / Funds
1,590

Top Holdings (4,089 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 IVV 14.45% 33,837,717 $23.2B $684.94 $804M +409,816 +1.2%
2 BND 6.05% 130,902,798 $9.7B $74.07 $279M +4,285,563 +3.4%
3 IJH 5.14% 124,791,222 $8.2B $66.00 $232M +2,142,484 +1.8%
4 SCHF 4.46% 297,753,417 $7.2B $24.04 $511M +12,246,283 +4.3%
5 IJR 3.19% 42,562,587 $5.1B $120.18 $85M +235,129 +0.6%
6 RSP 3.14% 26,252,217 $5.0B $191.56 $231M +959,176 +3.8%
7 FBND 2.65% 92,442,810 $4.3B $46.04 $117M +2,925,667 +3.3%
8 VWO 2.62% 78,224,671 $4.2B $53.76 $151M +3,390,486 +4.5%
9 SPY 2.53% 5,951,990 $4.1B $681.92 $119M +38,624 +0.7%
10 VEA 2.41% 61,886,335 $3.9B $62.47 $383M +3,757,877 +6.5%
11 TLT 2.34% 43,140,136 $3.8B $87.16 $31M +1,418,641 +3.4%
12 IEFA 1.95% 34,998,927 $3.1B $89.46 $166M +1,044,074 +3.1%
13 VLUE 1.94% 22,746,544 $3.1B $136.73 $339M +586,241 +2.6%
14 IQLT 1.57% 55,312,118 $2.5B $45.45 $170M +2,269,023 +4.3%
15 QQQ 1.18% 3,091,292 $1.9B $614.31 -$5M -80,718 -2.5%
16 VTEB 1.15% 36,651,506 $1.8B $50.29 $53M +903,850 +2.5%
17 VO 1.12% 6,181,162 $1.8B $290.22 $24M +154,386 +2.6%
18 VOO 1.05% 2,682,140 $1.7B $627.13 $176M +222,705 +9.1%
19 DFIV 0.92% 29,462,953 $1.5B $49.90 $230M +2,578,543 +9.6%
20 IUSB 0.83% 28,622,754 $1.3B $46.54 $104M +2,324,731 +8.8%
21 IEMG 0.77% 18,337,027 $1.2B $67.22 $20M -62,486 -0.3%
22 AGG 0.76% 12,278,036 $1.2B $99.88 $37M +412,320 +3.5%
23 VNQ 0.66% 11,994,193 $1.1B $88.49 $59M +1,033,999 +9.4%
24 NVDA 0.65% 5,596,751 $1.0B $186.50 $14M +79,992 +1.4%
25 AAPL 0.63% 3,708,731 $1.0B $271.86 $53M -44,266 -1.2%
26 MSFT 0.61% 2,015,858 $975M $483.62 -$31M +73,413 +3.8%
27 GSLC 0.58% 7,077,759 $937M $132.37 $51M +277,601 +4.1%
28 QQQM 0.58% 3,664,198 $927M $252.92 $37M +65,487 +1.8%
29 MUB 0.56% 8,431,113 $903M $107.11 $40M +328,494 +4.0%
30 BIV 0.55% 11,227,638 $874M $77.88 $100M +1,315,707 +13.3%
31 VV 0.54% 2,761,156 $869M $314.80 $24M +15,832 +0.6%
32 VUG 0.53% 1,751,624 $855M $487.86 $3M -24,482 -1.4%
33 SCHX 0.52% 30,984,972 $834M $26.91 $58M +1,546,669 +5.2%
34 CGDV 0.51% 18,754,937 $818M $43.64 $117M +2,061,385 +12.3%
35 AMZN 0.51% 3,512,910 $811M $230.82 $71M +144,776 +4.3%
36 VTV 0.49% 4,093,400 $782M $190.99 $61M +227,315 +5.9%
37 GOOGL 0.46% 2,336,106 $731M $313.00 $162M -5,803 -0.2%
38 INTF 0.45% 19,066,471 $720M $37.75 $101M +1,823,907 +10.6%
39 VB 0.44% 2,747,982 $709M $257.95 $28M +70,024 +2.6%
40 DYNF 0.42% 11,194,500 $681M $60.81 $203M +3,123,441 +38.7%
41 IVLU 0.41% 17,200,645 $654M $38.05 $85M +1,148,107 +7.2%
42 GIGB 0.39% 3,274,925 $627M $191.56 $627M +3,270,048 +67050.4%
43 CGGR 0.34% 12,136,612 $540M $44.47 $40M +761,802 +6.7%
44 IAU 0.33% 6,595,990 $535M $81.17 $130M +1,019,135 +18.3%
45 MDY 0.31% 830,031 $501M $603.28 $31M +41,757 +5.3%
46 IWB 0.31% 1,322,245 $494M $373.44 $5M -15,305 -1.1%
47 COWZ 0.30% 7,978,756 $480M $60.17 -$40M -1,063,208 -11.8%
48 VGT 0.30% 632,525 $477M $753.78 $8M +4,111 +0.7%
49 META 0.28% 671,491 $443M $660.09 -$39M +15,027 +2.3%
50 IEF 0.28% 4,608,776 $443M $96.16 $23M +257,212 +5.9%
51 QUAL 0.25% 1,988,066 $395M $198.62 -$43M -263,124 -11.7%
52 SCHD 0.24% 14,050,361 $385M $27.43 -$39M -1,501,774 -9.7%
53 CGGO 0.24% 11,053,425 $383M $34.65 $6M +34,680 +0.3%
54 DBEF 0.23% 7,758,040 $373M $48.11 -$78M -1,968,385 -20.2%
55 JPM 0.22% 1,118,266 $360M $322.22 $13M +16,508 +1.5%
56 FENI 0.22% 9,715,353 $355M $36.58 $75M +1,764,509 +22.2%
57 IOO 0.22% 2,780,348 $352M $126.67 $13M -48,264 -1.7%
58 VIG 0.22% 1,576,329 $346M $219.78 -$4M -46,518 -2.9%
59 SCHG 0.22% 10,572,063 $345M $32.62 $25M +544,507 +5.4%
60 EMXC 0.21% 4,729,976 $344M $72.68 $27M +44,968 +1.0%
61 FMDE 0.21% 9,191,224 $334M $36.38 $83M +2,231,082 +32.1%
62 GOOG 0.21% 1,064,358 $334M $313.80 $51M -99,508 -8.6%
63 SCHM 0.21% 10,932,629 $329M $30.07 $18M +459,489 +4.4%
64 SPLG 0.20% 4,096,080 $329M $80.22 $32M +308,741 +8.2%
65 VT 0.20% 2,310,259 $326M $141.06 $3M -31,219 -1.3%
66 IWF 0.20% 666,557 $315M $473.30 -$3M -14,024 -2.1%
67 VFLO 0.18% 7,399,957 $291M $39.38 $39M +659,124 +9.8%
68 AVEM 0.17% 3,628,408 $279M $77.02 $69M +827,325 +29.5%
69 EZU 0.17% 4,329,621 $278M $64.10 -$491K -158,917 -3.5%
70 AVGO 0.17% 789,255 $273M $346.10 $14M +2,527 +0.3%
71 FNDF 0.17% 6,032,995 $273M $45.21 $13M -7,812 -0.1%
72 AVDE 0.16% 3,162,431 $260M $82.32 $47M +458,993 +17.0%
73 VTI 0.16% 761,488 $255M $335.27 -$26M -96,626 -11.3%
74 LLY 0.16% 234,467 $252M $1,074.69 $74M +1,171 +0.5%
75 VOT 0.16% 902,235 $252M $279.14 $35M +163,438 +22.1%
76 TFI 0.15% 5,340,865 $244M $45.71 $6M +114,048 +2.2%
77 EFA 0.15% 2,499,226 $240M $96.03 $10M +38,518 +1.6%
78 AVUV 0.15% 2,313,192 $236M $101.98 $12M +68,260 +3.0%
79 BRK-B 0.14% 447,406 $225M $502.65 -$12M -23,064 -4.9%
80 CGXU 0.14% 7,587,943 $224M $29.55 $7M +257,468 +3.5%
81 FBK 0.13% 3,127,583 $210M $67.22 $210M +3,127,398 +1690485.4%
82 JMUB 0.13% 4,159,706 $210M $50.50 $48M +950,852 +29.6%
83 PVAL 0.13% 4,603,577 $210M $45.57 $31M +410,945 +9.8%
84 IVW 0.13% 1,697,013 $209M $123.26 $7M +19,074 +1.1%
85 CGMU 0.13% 7,596,372 $208M $27.38 $28M +998,606 +15.1%
86 JPST 0.13% 4,013,417 $203M $50.59 -$51M -993,732 -19.9%
87 JMST 0.13% 3,973,128 $202M $50.94 $9M +192,499 +5.1%
88 ITM 0.12% 4,239,352 $200M $47.16 $21M +394,734 +10.3%
89 SMH 0.12% 548,017 $197M $360.13 $26M +21,488 +4.1%
90 GLD 0.12% 487,961 $193M $396.31 $30M +28,485 +6.2%
91 IWP 0.12% 1,404,920 $192M $136.94 $3M +76,721 +5.8%
92 V 0.12% 545,086 $191M $350.71 $12M +21,581 +4.1%
93 RDVY 0.12% 2,717,559 $189M $69.47 -$218K -92,540 -3.3%
94 VCSH 0.11% 2,243,553 $179M $79.73 $28M +355,023 +18.8%
95 CGUS 0.11% 4,324,780 $174M $40.23 $10M +180,079 +4.3%
96 VOE 0.11% 979,350 $174M $177.37 $15M +72,508 +8.0%
97 SPHQ 0.11% 2,308,323 $173M $75.05 $7M +38,453 +1.7%
98 JEPI 0.11% 3,003,765 $172M $57.24 $5M +72,427 +2.5%
99 DGRO 0.10% 2,374,253 $165M $69.42 $8M +73,186 +3.2%
100 SPMO 0.10% 1,376,905 $164M $119.32 $31M +277,103 +25.2%

New Positions

SymbolValue% Port
HFSI $63M 0.04%
BCTK $51M 0.03%
TRFK $23M 0.01%
CGMM $8M 0.01%
LRGC $6M —%
HODL $6M —%
FEOE $4M —%
IDVO $4M —%
LDUR $4M —%
TOTB.DE $4M —%
IPKW $1M —%
GINN $1M —%
FTMU $1M —%
Q $1M —%
FTMS $946K —%
View SEC EDGAR Filings for NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms