13F-HR 1 nml12q1.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: March 31, 2012 Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: The Northwestern Mutual Life Insurance Company Address: 720 East Wisconsin Avenue Milwaukee, WI 53202 13F File Number: 28-00229 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Mark G. Doll Title: Chief Investment Officer Phone: 414-665-3336 Signature, Place, and Date of Signing: Mark G. Doll Milwaukee, WI May 15, 2012 Report Type (Check only one.): [ ] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ X] 13F COMBINATION REPORT. List of Other Managers Reporting for this Manager: Form 13F File Number Name 028-01096 Russell Trust Company 028-01190 Frank Russell Company 028-05583 Northwestern Mutual Capital, LLC 028-10206 Mason Street Advisors, LLC 028-11160 Northwestern Mutual Wealth Management Company FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 58 Form 13F Information Table Value Total: $62,585 (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional managers with respect to which this report is filed, other than the manager filing this report. NONE FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- ALEXION PHARMACEUTICALS INC COM 015351109 4 41 SH DEFINED 41 BAIDU INC SPON ADR REP A 056752108 7 50 SH DEFINED 50 BANK OF AMERICA CORPORATION COM 060505104 0 1 SH DEFINED 1 BARCLAYS BK PLC DJUBS CMDT ETN36 06738C778 7 169 SH DEFINED 169 CARTER INC COM 146229109 5 93 SH DEFINED 93 CASEYS GEN STORES INC COM 147528103 4 74 SH DEFINED 74 CHURCH & DWIGHT INC COM 171340102 4 83 SH DEFINED 83 CUBIST PHARMACEUTICALS INC COM 229678107 5 106 SH DEFINED 106 DB-X FUNDS DB-X 2040 TARGET 233052406 4 190 SH DEFINED 190 DYCOM INDS INC COM 267475101 4 171 SH DEFINED 171 EXPRESS SCRIPTS INC COM 302182100 4 71 SH DEFINED 71 EXXON MOBIL CORP COM 30231G102 0 1 SH DEFINED 1 FIRST TR LRG CP VL ALPHADEX COM SHS 33735J101 8 255 SH DEFINED 255 FIRST TR MID CAP CORE ALPHAD COM SHS 33735B108 5 140 SH DEFINED 140 FIRST TR VALUE LINE DIVID IN SHS 33734H106 1 41 SH DEFINED 41 GENERAL ELECTRIC CO COM 369604103 4 200 SH DEFINED 200 HARTFORD FINL SVCS GROUP INC COM 416515104 0 1 SH DEFINED 1 ISHARES INC MSCI CDA INDEX 464286509 1 38 SH DEFINED 38 ISHARES INC MSCI MALAYSIA 464286830 1 49 SH DEFINED 49 ISHARES INC MSCI MEX INVEST 464286822 1 13 SH DEFINED 13 ISHARES TR BARCLY USAGG B 464287226 1 12 SH DEFINED 12 ISHARES TR BARCLYS 1-3 YR 464287457 4 48 SH DEFINED 48 ISHARES TR BARCLYS 7-10 YR 464287440 1 10 SH DEFINED 10 ISHARES TR BARCLYS CR BD 464288620 4033 36756 SH DEFINED 36756 ISHARES TR BARCLYS TIPS BD 464287176 2847 24195 SH DEFINED 24195 ISHARES TR HIGH YLD CORP 464288513 5 50 SH DEFINED 50 ISHARES TR IBOXX INV CPBD 464287242 12 102 SH DEFINED 102 ISHARES TR JPMORGAN USD 464288281 5 40 SH DEFINED 40 ISHARES TR MSCI EAFE INDEX 464287465 9338 170120 SH DEFINED 170120 ISHARES TR MSCI SMALL CAP 464288273 2 60 SH DEFINED 60 ISHARES TR S&P MIDCAP 400 464287507 4417 44519 SH DEFINED 44519 ISHARES TR S&P NA NAT RES 464287374 1 30 SH DEFINED 30 ISHARES TR S&P SMLCAP 600 464287804 2083 27297 SH DEFINED 27297 ISHARES TR S&P500 GRW 464287309 12 165 SH DEFINED 165 NEWELL RUBBERMAID INC COM 651229106 4 200 SH DEFINED 200 O REILLY AUTOMOTIVE INC NEW COM 67103H107 4 47 SH DEFINED 47 PFIZER INC COM 717081103 5 200 SH DEFINED 200 POWERSHARES QQQ TRUST UNIT SER 1 73935A104 1 12 SH DEFINED 12 REGENERON PHARMACEUTICALS COM 75886F107 4 38 SH DEFINED 38 RYDEX ETF TRUST GUG S&P500 PU GR 78355W403 1 15 SH DEFINED 15 SALIX PHARMACEUTICALS INC COM 795435106 5 98 SH DEFINED 98 SPDR GOLD TRUST GOLD SHS 78463V107 1 5 SH DEFINED 5 SPDR S&P 500 ETF TR TR UNIT 78462F103 16876 119850 SH DEFINED 119850 SPDR SERIES TRUST BRCLYS INTL ETF 78464A516 1773 29569 SH DEFINED 29569 SPDR SERIES TRUST BRCLYS YLD ETF 78464A417 2340 59440 SH DEFINED 59440 VANGUARD BD INDEX FD INC INTERMED TERM 921937819 6 70 SH DEFINED 70 VANGUARD BD INDEX FD INC SHORT TRM BOND 921937827 3125 38609 SH DEFINED 38609 VANGUARD BD INDEX FD INC TOTAL BND MRKT 921937835 8994 107993 SH DEFINED 107993 VANGUARD INDEX FDS REIT ETF 922908553 2949 46332 SH DEFINED 46332 VANGUARD INDEX FDS SMALL CP ETF 922908751 1 8 SH DEFINED 8 VANGUARD INDEX FDS TOTAL STK MKT 922908769 7 96 SH DEFINED 96 VANGUARD INTL EQUITY INDEX F MSCI EMR MKT ETF 922042858 3647 83889 SH DEFINED 83889 VANGUARD INTL EQUITY INDEX F MSCI EUROPE ETF 922042874 5 98 SH DEFINED 98 VANGUARD INTL EQUITY INDEX F MSCI PAC ETF 922042866 2 42 SH DEFINED 42 VANGUARD SPECIALIZED PORTFOL DIV APP ETF 921908844 1 12 SH DEFINED 12 VANGUARD TAX MANAGED INTL FD MSCI EAFE ETF 921943858 1 27 SH DEFINED 27 WAL MART STORES INC COM 931142103 2 28 SH DEFINED 28 WISDOMTREE TRUST SMLCAP EARN FD 97717W562 1 11 SH DEFINED 11