Northern Trust Shares Bought by Swiss Life Asset Management

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Swiss Life Asset Management Ltd. has increased its stake in Northern Trust Corporation (NASDAQ:NTRS) by 119.9% in the third quarter, according to a recent SEC filing. The institutional investor now owns 83,175 shares of the asset manager's stock, valued at $11,195,000 as of the end of the quarter.

Why it matters

This investment by a major European asset manager highlights the continued institutional investor interest in Northern Trust, a leading global financial services firm providing asset servicing, asset management and wealth management solutions. The increased stake suggests Swiss Life sees long-term growth potential in Northern Trust's business.

The details

According to the filing, Swiss Life Asset Management acquired an additional 45,356 shares of Northern Trust in the third quarter, bringing its total position to 83,175 shares. This represents a 119.9% increase in the firm's stake in the asset manager. Northern Trust provides a range of financial services including custody, fund accounting, portfolio analytics, securities lending, cash management and foreign exchange, as well as discretionary and non-discretionary investment management.

• The increased stake was reported in Swiss Life Asset Management's 13F filing for the third quarter of 2026.