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NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO — 13F Holdings & Portfolio

CIK 1141802 · latest 13F-HR filed 2026-08-12

Backtest portfolio

NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO manages $187.22B in 13F-reported U.S. long-equity assets across 4,085 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are IVV (14.01%), BND (5.54%), IJH (5.47%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 485 new positions, exited 513, added to 2,094, and trimmed 992.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

Filer Information
Address
720 EAST WISCONSIN AVENUE
MILWAUKEE, WI 53202
Phone
(414) 665-8621
Filing Manager
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO
MILWAUKEE, WI
Signatory
Matt Moore
Sr Director
Loading holdings…
AUM

$187.22B

Long-equity book

Holdings

4,085

Distinct positions

Period

2026-06-30

Filed 2026-08-12

Q/Q Activity

+485 / −513 / ↑2094 / ↓992

vs 2026-03-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • ISHARES TR$3.63B +16.0%
  • AMERICAN CENTY ETF TR$2.76B +1425.2%
  • ISHARES TR$1.54B +17.7%
  • ISHARES TR$1.21B +22.4%
  • SCHWAB STRATEGIC TR$1.09B +14.6%
Show all 2094 →

Top Trims

  • ISHARES TR-$2.61B -79.8%
  • ISHARES TR-$477.3M -12.4%
  • ISHARES GOLD TR-$91.4M -16.1%
  • AMERICAN CENTY ETF TR-$58.0M -66.2%
  • ROKU INC-$43.5M -91.6%
Show all 992 →

New Positions

  • COHEN & STEERS ETF TRUST$29.3M
  • VANECK ETF TRUST$24.8M
  • HONEYWELL INTL INC$10.1M
  • HONEYWELL AEROSPACE INC$10.0M
  • BLACKROCK ETF TRUST II$7.6M
Show all 485 →

Exited Positions

  • HONEYWELL INTL INC$20.8M
  • DUPONT DE NEMOURS INC$3.8M
  • ISHARES TR$3.4M
  • CARNIVAL CORP$2.8M
  • O-I GLASS INC$1.0M
Show all 513 →
All Holdings

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 ISHARES TR IVV 464287200 $26.23B 14.01% 35,018,846 SH
2 VANGUARD BD INDEX FDS BND 921937835 $10.37B 5.54% 141,274,305 SH
3 ISHARES TR IJH 464287507 $10.24B 5.47% 132,841,270 SH
4 SCHWAB STRATEGIC TR SCHF 808524805 $8.57B 4.58% 309,394,253 SH
5 ISHARES TR IJR 464287804 $6.61B 3.53% 44,570,998 SH
6 INVESCO EXCHANGE TRADED FD T RSP 46137V357 $6.00B 3.21% 28,221,905 SH
7 VANGUARD TAX-MANAGED FDS VEA 921943858 $4.76B 2.54% 66,823,471 SH
8 STATE STR SPDR S&P 500 ETF T SPY 78462F103 $4.66B 2.49% 6,238,087 SH
9 VANGUARD INTL EQUITY INDEX F VWO 922042858 $4.63B 2.48% 77,649,601 SH
10 FIDELITY MERRIMACK STR TR FBND 316188309 $4.62B 2.47% 101,656,759 SH
11 ISHARES TR IEFA 46432F842 $3.60B 1.92% 37,299,272 SH
12 ISHARES TR TLT 464287432 $3.37B 1.80% 38,995,705 SH
13 AMERICAN CENTY ETF TR AVLV 025072349 $2.95B 1.58% 32,368,237 SH
14 ISHARES TR IQLT 46434V456 $2.92B 1.56% 59,026,522 SH
15 INVESCO QQQ TR QQQ 46090E103 $2.34B 1.25% 3,173,768 SH
16 VANGUARD INDEX FDS VOO 922908363 $2.21B 1.18% 3,216,197 SH
17 VANGUARD INDEX FDS VO 922908629 $1.96B 1.05% 24,385,742 SH
18 VANGUARD MUN BD FDS VTEB 922907746 $1.93B 1.03% 38,222,195 SH
19 DIMENSIONAL ETF TRUST DFIV 25434V807 $1.81B 0.97% 33,545,101 SH
20 ISHARES INC IEMG 46434G103 $1.67B 0.89% 20,134,881 SH
21 VANGUARD INDEX FDS VNQ 922908553 $1.63B 0.87% 16,949,846 SH
22 ISHARES TR IUSB 46434V613 $1.54B 0.82% 33,421,651 SH
23 ISHARES TR AGG 464287226 $1.27B 0.68% 12,874,193 SH
24 NVIDIA CORPORATION NVDA 67066G104 $1.19B 0.63% 5,923,023 SH
25 SCHWAB STRATEGIC TR SCHH 808524847 $1.18B 0.63% 49,794,731 SH
26 INVESCO EXCH TRADED FD TR II QQQM 46138G649 $1.17B 0.63% 3,868,368 SH
27 SCHWAB STRATEGIC TR SCHX 808524201 $1.11B 0.59% 37,819,350 SH
28 CAPITAL GROUP DIVIDEND VALUE CGDV 14020W106 $1.06B 0.57% 21,588,874 SH
29 VANGUARD INDEX FDS VTV 922908744 $1.04B 0.56% 4,787,110 SH
30 APPLE INC AAPL 037833100 $1.03B 0.55% 3,571,020 SH
31 BLACKROCK ETF TRUST DYNF 09290C103 $1.03B 0.55% 15,169,385 SH
32 ISHARES TR MUB 464288414 $1.01B 0.54% 9,354,522 SH
33 GOLDMAN SACHS ETF TR GSLC 381430503 $991.5M 0.53% 6,988,089 SH
34 VANGUARD BD INDEX FDS BIV 921937819 $983.5M 0.53% 12,822,370 SH
35 VANGUARD INDEX FDS VV 922908637 $973.8M 0.52% 2,831,461 SH
36 VANGUARD INDEX FDS VUG 922908736 $937.9M 0.50% 10,888,180 SH
37 ISHARES TR INTF 46434V274 $896.3M 0.48% 21,882,011 SH
38 AMAZON COM INC AMZN 023135106 $873.4M 0.47% 3,664,707 SH
39 MICROSOFT CORP MSFT 594918104 $858.0M 0.46% 2,300,016 SH
40 VANGUARD INDEX FDS VB 922908751 $852.9M 0.46% 2,813,902 SH
41 ALPHABET INC GOOGL 02079K305 $791.1M 0.42% 2,213,803 SH
42 ISHARES TR IVLU 46435G409 $779.5M 0.42% 18,638,395 SH
43 ISHARES TR VLUE 46432F388 $659.9M 0.35% 3,302,880 SH
44 STATE STR SPDR S&P MIDCAP 40 MDY 78467Y107 $635.4M 0.34% 903,341 SH
45 CAPITAL GROUP GROWTH ETF CGGR 14020G101 $618.6M 0.33% 13,105,474 SH
46 VANGUARD WORLD FD VGT 92204A702 $565.5M 0.30% 4,731,562 SH
47 ISHARES TR IWB 464287622 $547.7M 0.29% 1,337,416 SH
48 ISHARES INC EMXC 46434G764 $547.4M 0.29% 5,351,025 SH
49 FIDELITY COVINGTON TRUST FMDE 31609A503 $538.6M 0.29% 13,272,880 SH
50 AMERICAN CENTY ETF TR AVEM 025072604 $518.8M 0.28% 5,376,383 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-08-12 $187.22B 4,085 0001141802-26-000015
2026-03-31 2026-05-07 $162.43B 4,113 0001085146-26-000398
2025-12-31 2026-02-10 $158.12B 4,007 0001141802-26-000007