§ 13F · FUND PROFILE
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO.
Insurance company, conservative allocation
AUM · $137190.4T (13F)Positions · 3653Turnover · 94% · Q4Filed · Feb 10, 2026
CONCENTRATION
29%
Top 10 holdings
NEW BUYS
+628
+$22946.6T deployed
EXITS
0
No exits
SECTOR SHIFT
RETAIL → OTHER
2pp · +12pp
3YR HIT RATE
—
Top-5 overlap
§ 01 · TOP HOLDINGS
The book · Q4 2025
FILED FEB 10, 2026
| # | Ticker | Name | Shares | $ value | % port | Δ Q4 |
|---|---|---|---|---|---|---|
| 1 | IVV | ISHARES TR | 33.84M | $23176.8T | 7.3% | +1% |
| 2 | BN | BROOKFIELD CORP | 18.75M | $12832.5T | 4.1% | — |
| 3 | BND | VANGUARD BD INDEX FDS | 130.90M | $9696.0T | 3.1% | +3% |
| 4 | BOTZ | GLOBAL X FDS | 111.08M | $8270.2T | 2.6% | — |
| 5 | IJH | ISHARES TR | 124.79M | $8236.2T | 2.6% | +2% |
| 6 | SCHF | SCHWAB STRATEGIC TR | 297.75M | $7158.0T | 2.3% | +4% |
| 7 | XCHYX | CALAMOS CONV & HIGH INCOME F | 10.19M | $6977.2T | 2.2% | — |
| 8 | COPX | GLOBAL X FDS | 216.86M | $5215.7T | 1.6% | — |
| 9 | IJR | ISHARES TR | 42.56M | $5115.2T | 1.6% | +1% |
| 10 | RSP | INVESCO EXCHANGE TRADED FD T | 26.25M | $5028.9T | 1.6% | +4% |
§ 02 · SECTOR ALLOCATION
Where the money is
Other15.3% (+12pp)
Financial Services6.2% (+6pp)
Retail3.2% (+2pp)
Banking2.2%
Insurance2.1%
Health Care1.9%
§ 03 · THE NORTHWESTERN SIGNAL
AC read
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO is a Income / Defensive fund managing $137190418.7 trillion in assets. The fund runs a massive portfolio of 3,653 positions, broad diversification across holdings, with the top 10 accounting for 29%. Trading activity is aggressive at 94% quarterly turnover, with 628 new positions and 0 exits last quarter. Top sector allocations: Other (15%), Financial Services (6%), Retail (3%).
Read the full dossier →§ 04 · FILING HISTORY
Q-by-Q deltas
1 FILINGS
Q4 2025
Busy quarter
+628 buys · −0 exits · 6738 changed
Q4 2025
Busy quarter
+628 buys · −0 exits · 6738 changed
Q3 2025
Steady book
+0 buys · −0 exits · 0 changed
Q2 2025
Steady book
+0 buys · −0 exits · 0 changed