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Northwestern Mutual Investment Management Company, LLC

CIK:0001629649
Asset Manager
$39B AUM
879 holdings
Milwaukee, WI, United States
Founded:2015
6,700 employees
Latest filing:Jun 30, 2025

Northwestern Mutual Investment Management Company, LLC is a subsidiary of Northwestern Mutual based in Milwaukee, Wisconsin. The firm operates as part of an integrated financial services provider specializing in investment management and advisory services alongside its core insurance offerings. Founded to manage the general account and asset portfolios of Northwestern Mutual, the company draws upon a large parent organization with approximately 6,700 employees across the enterprise. NMIMC focuses on serving the investment needs of the Northwestern Mutual Life Insurance Company and affiliated entities, utilizing a tailored combination of in-house expertise and strategic partnerships.

Investment Strategy

Northwestern Mutual Investment Management Company manages investment portfolios that back insurance liabilities and support long-term stability for policyholders. The investment strategy emphasizes a diversified asset allocation across fixed income, equities, private placements, and alternative investments. The firm combines active management with disciplined risk controls, focusing on achieving attractive risk-adjusted returns, capital preservation, and cash flow stability to meet policyholder obligations over multi-decade horizons. The approach leans on deep in-house research as well as relationships with external managers for specialized asset classes.

Top Buys
E
EFAISHARES TR
+$68.6M
I
IJHISHARES TR
+$48.8M
I
IVVISHARES TR
+$47.6M
N
NVDANVIDIA CORPORATION
+$38.5M
M
MSFTMICROSOFT CORP
+$29.2M
Top Sells
L
LQDISHARES TR
-$139.1M
M
MBBISHARES TR
-$45.8M
I
IJRISHARES TR
-$11.2M
A
AAPLAPPLE INC
-$8.4M
I
IEFAISHARES TR
-$6.9M

Top Holdings

E
EFAISHARES TR
+18.7%$1.22B
I
IVVISHARES TR
+14.9%$970.1M
I
IJRISHARES TR
+10.2%$659.7M
I
IJHISHARES TR
+9.8%$639.1M
V
VOOVANGUARD INDEX FDS
+6.6%$427.3M

Equity Positions (870)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
E
EFA
ISHARES TR18.71%$1.22B13,602,341$79.99$89.39+$68.6M
I
IVV
ISHARES TR14.93%$970.1M1,562,400$548.77$620.90+$47.6M
I
IJR
ISHARES TR10.15%$659.7M6,036,215$106.96$109.29-$11.2M
I
IJH
ISHARES TR9.83%$639.1M10,305,199$58.97$62.02+$48.8M
V
VOO
VANGUARD INDEX FDS6.58%$427.3M752,231$484.15$568.03-$511.5K

Industry Allocation

SERVICES-PREPACKAGED SOFTWARE
+3.3%
SEMICONDUCTORS & RELATED DEVICES
+3.2%
SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
+2.1%
ELECTRONIC COMPUTERS
+1.5%
NATIONAL COMMERCIAL BANKS
+1.2%