NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO
Q2 2026 Form 13-F

MILWAUKEE, WISCONSIN
CIK 0001141802 · Institutional investment manager
Holdings reported by Allspring Funds Management LLC since Q1 2024 , PUTNAM INVESTMENT MANAGEMENT LLC since Q1 2024
$187.2B Reported Value Total
Reported value
$187.2B
Quarter over quarter
+11.9%
Holdings
4,073
Top-10 concentration
46.3%

Filing Structure

Reports holdings for

Holdings reported by

Key People

Named on the latest Form 13-F filing — not necessarily an owner
Matt Moore
Sr Director

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Q2 2026 13F record

Q2 2026 13F filing summary

Q2 2026 Form 13F portfolio summary
Period of report June 30, 2026
Filed August 12, 2026
Form 13F-HR
Reported value $187.2B
Positions 4,073
Change in reported value +15.3%
New positions 482
Exited positions 514
Position turnover 21.7%
Top-10 concentration 46.3%

13F filings by quarter

Form 13F filings by quarter
Quarter Positions Value
Q2 2026 13F
Filed Aug 12, 2026
4,073 $187.2B
Q1 2026 13F
Filed May 7, 2026
4,106 $162.4B
Q4 2025 13F
Filed Feb 5, 2026
3,999 $158.1B
Q3 2025 13F
Filed Nov 14, 2025
3,787 $150.0B
Q2 2025 13F
Filed Aug 13, 2025
3,650 $137.2B
Q1 2025 13F
Filed May 14, 2025
3,641 $122.3B
Q4 2024 13F
Filed Feb 11, 2025
3,580 $118.5B
Q3 2024 13F
Filed Nov 12, 2024
3,578 $112.6B
Q2 2024 13F
Filed Aug 16, 2024
3,478 $101.4B
Q1 2024 13F
Filed May 15, 2024
3,550 $97.3B
Q4 2023 13F
Filed Feb 13, 2024
3,456 $88.7B
Q3 2023 13F
Filed Nov 14, 2023
3,261 $76.9B
Q2 2023 13F
Filed Aug 14, 2023
3,330 $77.4B
Q1 2023 13F
Filed May 15, 2023
3,334 $71.6B
Q4 2022 13F
Filed Feb 21, 2023
3,314 $66.1B
Q3 2022 13F
Filed Nov 14, 2022
2,943 $57.3B
Q2 2022 13F
Filed Aug 4, 2022
2,984 $58.2B
Q1 2022 13F
Filed May 9, 2022
2,956 $62.4B
Q4 2021 13F
Filed Feb 3, 2022
2,990 $61.2B
Q3 2021 13F
Filed Nov 15, 2021
2,886 $54.7B

33 earlier quarters on file — choose one from the quarter menu above.

Top 20 holdings · Q2 2026

Largest Q2 2026 13F positions by reported value
# Holding Reported value % of portfolio
1 IVV ISHARES TR $26.2B 14.01%
2 BND VANGUARD BD INDEX FDS $10.4B 5.54%
3 IJH ISHARES TR $10.2B 5.47%
4 SCHF SCHWAB STRATEGIC TR $8.6B 4.58%
5 IJR ISHARES TR $6.6B 3.53%
6 RSP INVESCO EXCHANGE TRADED FD T $6.0B 3.21%
7 VEA VANGUARD TAX-MANAGED FDS $4.8B 2.54%
8 SPY STATE STR SPDR S&P 500 ETF T $4.7B 2.49%
9 VWO VANGUARD INTL EQUITY INDEX F $4.6B 2.48%
10 FBND FIDELITY MERRIMACK STR TR $4.6B 2.47%
11 IEFA ISHARES TR $3.6B 1.92%
12 TLT ISHARES TR $3.4B 1.8%
13 AVLV AMERICAN CENTY ETF TR $3.0B 1.58%
14 IQLT ISHARES TR $2.9B 1.56%
15 QQQ INVESCO QQQ TR $2.3B 1.25%
16 VOO VANGUARD INDEX FDS $2.2B 1.18%
17 VO VANGUARD INDEX FDS $2.0B 1.05%
18 VTEB VANGUARD MUN BD FDS $1.9B 1.03%
19 DFIV DIMENSIONAL ETF TRUST $1.8B 0.97%
20 IEMG ISHARES INC $1.7B 0.89%

Values as reported on the Q2 2026 Form 13F. Every position is in the holdings table below.

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