International Equity Portfolio

Fund Profile

Fund profile

Fund manager

Northwestern Mutual Series Fund Inc

Total assets

$1.89 bn

Liabilities

$8.33 mm

Net assets

$1.88 bn

Number of holdings

189.00

189 Holdings

As of Dec 2024

Security	$Holding	Balance	% of Fund	Category	Position	Country
Johnson Controls International plc	65.16 mm	825.50 k shares	3.47	Common equity	Long	Ireland
Holcim AG	58.81 mm	613.30 k shares	3.13	Common equity	Long	Switzerland
Sanofi SA	57.73 mm	597.00 k shares	3.08	Common equity	Long	France
BNP Paribas SA	55.63 mm	908.40 k shares	2.96	Common equity	Long	France
UBS Group AG	52.57 mm	1.72 mm shares	2.80	Common equity	Long	Switzerland
Banco Santander SA	51.66 mm	11.17 mm shares	2.75	Common equity	Long	Spain
Novartis AG	50.46 mm	518.50 k shares	2.69	Common equity	Long	Switzerland
Taiwan Semiconductor Manufacturing Co Ltd	48.24 mm	1.48 mm shares	2.57	Common equity	Long	Taiwan
Barclays PLC	47.51 mm	14.19 mm shares	2.53	Common equity	Long	UK
GSK PLC	45.93 mm	2.74 mm shares	2.45	Common equity	Long	UK
TotalEnergies SE	42.75 mm	769.30 k shares	2.28	Common equity	Long	France
HDFC Bank Ltd	39.58 mm	1.91 mm shares	2.11	Common equity	Long	India
Roche Holding AG	38.77 mm	138.50 k shares	2.07	Common equity	Long	Switzerland
Prosus NV	37.56 mm	947.00 k shares	2.00	Common equity	Long	Netherlands
Deutsche Telekom AG	35.41 mm	1.18 mm shares	1.89	Common equity	Long	Germany
Itau Unibanco Holding SA	35.24 mm	7.09 mm shares	1.88	Preferred equity	Long	Brazil
BKNG Booking Holdings Inc.	34.78 mm	7.00 k shares	1.85	Common equity	Long	USA
Axis Bank Ltd	34.46 mm	2.78 mm shares	1.84	Common equity	Long	India
BABA Alibaba Group Holding Limited	33.03 mm	389.50 k shares	1.76	Common equity	Long	Cayman Islands
Akzo Nobel NV	32.57 mm	542.50 k shares	1.74	Common equity	Long	Netherlands
SU Suncor Energy Inc.	31.06 mm	870.50 k shares	1.65	Common equity	Long	Canada
Haleon PLC	30.62 mm	6.50 mm shares	1.63	Common equity	Long	UK
Ashtead Group PLC	28.82 mm	466.00 k shares	1.54	Common equity	Long	UK
Imperial Brands PLC	28.18 mm	881.70 k shares	1.50	Common equity	Long	UK
Anheuser-Busch InBev SA/NV	27.27 mm	545.00 k shares	1.45	Common equity	Long	Belgium
Fresenius Medical Care AG	26.75 mm	587.50 k shares	1.43	Common equity	Long	Germany
Infineon Technologies AG	24.81 mm	763.80 k shares	1.32	Common equity	Long	Germany
Credicorp Ltd	24.29 mm	132.50 k shares	1.29	Common equity	Long	Bermuda
Glencore PLC	23.96 mm	5.45 mm shares	1.28	Common equity	Long	Jersey
Mitsubishi Electric Corp	23.83 mm	1.41 mm shares	1.27	Common equity	Long	Japan
TE Connectivity PLC	22.37 mm	156.50 k shares	1.19	Common equity	Long	Ireland
Aviva PLC	22.08 mm	3.76 mm shares	1.18	Common equity	Long	UK
Linde PLC	21.60 mm	51.60 k shares	1.15	Common equity	Long	Ireland
Prudential PLC	21.53 mm	2.70 mm shares	1.15	Common equity	Long	UK
Deutsche Post AG	21.49 mm	610.50 k shares	1.14	Common equity	Long	Germany
IFF International Flavors & Fragrances Inc.	20.91 mm	247.30 k shares	1.11	Common equity	Long	USA
Diageo PLC	20.38 mm	641.50 k shares	1.09	Common equity	Long	UK
JD JD.com, Inc.	19.88 mm	573.40 k shares	1.06	Common equity	Long	Cayman Islands
Danone SA	19.82 mm	294.60 k shares	1.06	Common equity	Long	France
TRP TC Energy Corporation	19.78 mm	425.00 k shares	1.05	Common equity	Long	Canada
Schneider Electric SE	18.66 mm	75.50 k shares	0.99	Common equity	Long	France
Smiths Group PLC	17.47 mm	814.90 k shares	0.93	Common equity	Long	UK
Entain PLC	16.70 mm	1.95 mm shares	0.89	Common equity	Long	Isle of Man
Daikin Industries Ltd	16.64 mm	142.00 k shares	0.89	Common equity	Long	Japan
Stellantis NV	15.92 mm	1.21 mm shares	0.85	Common equity	Long	Netherlands
Honda Motor Co Ltd	15.87 mm	1.69 mm shares	0.85	Common equity	Long	Japan
YUMC Yum China Holdings, Inc.	15.70 mm	325.90 k shares	0.84	Common equity	Long	USA
AIA Group Ltd	14.57 mm	2.01 mm shares	0.78	Common equity	Long	Hong Kong
NTR Nutrien Ltd.	14.54 mm	325.00 k shares	0.77	Common equity	Long	Canada
Tencent Holdings Ltd	14.39 mm	269.20 k shares	0.77	Common equity	Long	Cayman Islands
Mitsubishi Chemical Group Corp	14.33 mm	2.85 mm shares	0.76	Common equity	Long	Japan
Bayer AG	13.80 mm	690.00 k shares	0.74	Common equity	Long	Germany
Samsung Electronics Co Ltd	13.79 mm	460.00 k shares	0.73	Preferred equity	Long	Korea, Republic of
TECK Teck Resources Limited	13.28 mm	327.60 k shares	0.71	Common equity	Long	Canada
Beiersdorf AG	13.03 mm	101.50 k shares	0.69	Common equity	Long	Germany
Aegon Ltd	12.72 mm	2.15 mm shares	0.68	Common equity	Long	Bermuda
Murata Manufacturing Co Ltd	12.66 mm	792.00 k shares	0.67	Common equity	Long	Japan
Baidu, Inc.	12.65 mm	150.00 k shares	0.67	Common equity	Long	Cayman Islands
Olympus Corp	12.44 mm	835.00 k shares	0.66	Common equity	Long	Japan
BP PLC	12.43 mm	2.52 mm shares	0.66	Common equity	Long	UK
CPNG Coupang, Inc.	11.80 mm	537.00 k shares	0.63	Common equity	Long	USA
Daito Trust Construction Co Ltd	11.79 mm	106.00 k shares	0.63	Common equity	Long	Japan
CK Asset Holdings Ltd	11.50 mm	2.80 mm shares	0.61	Common equity	Long	Cayman Islands
Kyocera Corp	10.70 mm	1.08 mm shares	0.57	Common equity	Long	Japan
Reckitt Benckiser Group PLC	9.91 mm	163.98 k shares	0.53	Common equity	Long	UK
Kering SA	9.44 mm	38.50 k shares	0.50	Common equity	Long	France
NTES NetEase, Inc.	8.92 mm	100.00 k shares	0.48	Common equity	Long	Cayman Islands
Millicom International Cellular SA	8.83 mm	360.00 k shares	0.47	Common equity	Long	Luxembourg
XP Inc	8.65 mm	730.00 k shares	0.46	Common equity	Long	Cayman Islands
Seven & i Holdings Co Ltd	8.14 mm	519.50 k shares	0.43	Common equity	Long	Japan
Cemex SAB de CV	7.93 mm	1.41 mm shares	0.42	Common equity	Long	Mexico
adidas AG	6.38 mm	26.00 k shares	0.34	Common equity	Long	Germany
Flutter Entertainment PLC	6.31 mm	24.40 k shares	0.34	Common equity	Long	Ireland
Equinor ASA	5.79 mm	245.00 k shares	0.31	Common equity	Long	Norway
NIDEC CORP	5.74 mm	320.00 k shares	0.31	Common equity	Long	Japan
Brother Industries Ltd	5.40 mm	319.00 k shares	0.29	Common equity	Long	Japan
Hang Lung Group Ltd	4.71 mm	3.50 mm shares	0.25	Common equity	Long	Hong Kong
SNRE Sunrise Communications AG	3.81 mm	88.40 k shares	0.20	Common equity	Long	Switzerland
Liberty Global Ltd	3.77 mm	287.00 k shares	0.20	Common equity	Long	Bermuda
TV Grupo Televisa, S.A.B.	3.11 mm	1.85 mm shares	0.17	Common equity	Long	Mexico
Liberty Global Ltd	1.98 mm	155.00 k shares	0.11	Common equity	Long	Bermuda
Samsung Electronics Co Ltd	1.44 mm	40.00 k shares	0.08	Common equity	Long	Korea, Republic of
Ollamani SAB	785.21 k	462.50 k shares	0.04	Common equity	Long	Mexico
PURCHASED USD / SOLD CNH HSBC Bank USA NA	147.36 k	1.00 contracts	0.01	DFE	N/A	USA
PURCHASED USD / SOLD CNH HSBC Bank USA NA	147.16 k	1.00 contracts	0.01	DFE	N/A	USA
PURCHASED USD / SOLD CNH UBS AG	146.61 k	1.00 contracts	0.01	DFE	N/A	USA
PURCHASED USD / SOLD CNH UBS AG	137.47 k	1.00 contracts	0.01	DFE	N/A	USA
PURCHASED USD / SOLD CNH UBS AG	129.11 k	1.00 contracts	0.01	DFE	N/A	USA
PURCHASED USD / SOLD CNH HSBC Bank USA NA	128.27 k	1.00 contracts	0.01	DFE	N/A	USA
PURCHASED USD / SOLD CNY State Street Bank & Trust Co.	118.02 k	1.00 contracts	0.01	DFE	N/A	USA
PURCHASED USD / SOLD CNY State Street Bank & Trust Co.	117.26 k	1.00 contracts	0.01	DFE	N/A	USA
PURCHASED USD / SOLD CNH HSBC Bank USA NA	101.42 k	1.00 contracts	0.01	DFE	N/A	USA
PURCHASED USD / SOLD CNH UBS AG	101.36 k	1.00 contracts	0.01	DFE	N/A	USA
PURCHASED USD / SOLD CNH JPMorgan Chase Bank NA	100.26 k	1.00 contracts	0.01	DFE	N/A	USA
PURCHASED USD / SOLD CNH HSBC Bank USA NA	100.23 k	1.00 contracts	0.01	DFE	N/A	USA
PURCHASED USD / SOLD CNH JPMorgan Chase Bank NA	99.41 k	1.00 contracts	0.01	DFE	N/A	USA
PURCHASED USD / SOLD CNH Citibank NA	99.14 k	1.00 contracts	0.01	DFE	N/A	USA
PURCHASED USD / SOLD CNH UBS AG	97.68 k	1.00 contracts	0.01	DFE	N/A	USA
PURCHASED USD / SOLD CNH Citibank NA	97.02 k	1.00 contracts	0.01	DFE	N/A	USA
PURCHASED USD / SOLD CNH HSBC Bank USA NA	96.66 k	1.00 contracts	0.01	DFE	N/A	USA
PURCHASED USD / SOLD CNH UBS AG	95.87 k	1.00 contracts	0.01	DFE	N/A	USA
PURCHASED USD / SOLD CNH UBS AG	95.77 k	1.00 contracts	0.01	DFE	N/A	USA
PURCHASED USD / SOLD CNH UBS AG	94.19 k	1.00 contracts	0.01	DFE	N/A	USA
PURCHASED USD / SOLD CNH HSBC Bank USA NA	93.78 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD CNH UBS AG	90.71 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD CNH UBS AG	90.71 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD CNH HSBC Bank USA NA	90.47 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD CNH HSBC Bank USA NA	89.85 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD CNH HSBC Bank USA NA	89.50 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD CNH UBS AG	86.81 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD CNH Bank of America NA	86.32 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD CNH UBS AG	85.73 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD CNH Barclays Bank PLC	85.53 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD CNH Barclays Bank PLC	84.59 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD CNH UBS AG	84.43 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD CNH JPMorgan Chase Bank NA	83.86 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD CNH UBS AG	82.53 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD CNH JPMorgan Chase Bank NA	82.17 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD CNH HSBC Bank USA NA	76.90 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD CNH UBS AG	70.92 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD CNH UBS AG	69.20 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD CNH Bank of America NA	67.69 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD CNH UBS AG	64.17 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD CNH UBS AG	64.17 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD CNH UBS AG	63.95 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD CNH JPMorgan Chase Bank NA	53.43 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD CNH HSBC Bank USA NA	53.03 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD CNH HSBC Bank USA NA	50.74 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD CNH HSBC Bank USA NA	50.62 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD CNH UBS AG	50.51 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD CNH UBS AG	50.36 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD CNH HSBC Bank USA NA	49.04 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD CNH UBS AG	48.13 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD CNH UBS AG	47.55 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD CNH UBS AG	46.34 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD CNH Bank of America NA	45.06 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD TWD JPMorgan Chase Bank NA	44.17 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD CNY State Street Bank & Trust Co.	43.35 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD TWD Barclays Bank PLC	42.18 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD TWD Bank of America NA	42.12 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD TWD Barclays Bank PLC	41.38 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD TWD JPMorgan Chase Bank NA	41.16 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD TWD HSBC Bank USA NA	40.63 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD TWD Bank of America NA	40.57 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD CNH HSBC Bank USA NA	38.17 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD CNH HSBC Bank USA NA	38.16 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD CNH JPMorgan Chase Bank NA	36.84 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD CNH UBS AG	35.43 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD CNH Citibank NA	34.19 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD CNY State Street Bank & Trust Co.	33.45 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD CNY State Street Bank & Trust Co.	31.26 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD TWD UBS AG	30.34 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD TWD UBS AG	30.33 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD TWD HSBC Bank USA NA	29.72 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD TWD HSBC Bank USA NA	28.53 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD TWD Barclays Bank PLC	28.07 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD TWD Bank of America NA	27.06 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD TWD Citibank NA	26.78 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD TWD HSBC Bank USA NA	26.39 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD TWD JPMorgan Chase Bank NA	25.06 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD TWD JPMorgan Chase Bank NA	24.90 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD TWD HSBC Bank USA NA	24.78 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD TWD Citibank NA	23.91 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD TWD Citibank NA	23.50 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD TWD HSBC Bank USA NA	23.48 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD TWD JPMorgan Chase Bank NA	23.29 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD TWD HSBC Bank USA NA	20.55 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD TWD HSBC Bank USA NA	20.39 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD TWD HSBC Bank USA NA	20.36 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD TWD JPMorgan Chase Bank NA	20.34 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD TWD UBS AG	20.28 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD TWD HSBC Bank USA NA	20.16 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD TWD JPMorgan Chase Bank NA	20.16 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD TWD JPMorgan Chase Bank NA	20.04 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD TWD Citibank NA	19.26 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD TWD Bank of America NA	18.95 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD TWD JPMorgan Chase Bank NA	18.57 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD TWD UBS AG	18.46 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD TWD UBS AG	17.36 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD CNH HSBC Bank USA NA	5.19 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD CNH UBS AG	3.60 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD CNH Barclays Bank PLC	3.52 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD CNH HSBC Bank USA NA	3.48 k	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD CNH JPMorgan Chase Bank NA	542.72	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD CNH UBS AG	540.58	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD CNH UBS AG	523.75	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED USD / SOLD CNH UBS AG	523.35	1.00 contracts	0.00	DFE	N/A	USA
PURCHASED CNH / SOLD USD Morgan Stanley & Co. International PLC	-15.38 k	1.00 contracts	-0.00	DFE	N/A	China
PURCHASED CNH / SOLD USD Standard Chartered Bank	-60.25 k	1.00 contracts	-0.00	DFE	N/A	China