Q4 2025 · 13F-HR
Northern Capital Management, Inc.holdings as filed
Filed 2026-02-03 · accession 0001581794-26-000002
$189.3M
Reported value
52
Positions
2025-12-31
Period end
The Brief · Northern Capital Management, Inc. · Q4 2025
AI · grounded in 13F
Northern Capital Management, Inc. reduced its position in NEE by 42.52%. The fund increased its holdings in SPYV by 28.94% and trimmed its stake in SCHM by 24.11%. Additionally, the manager established a new position in V with a value of $351,787.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 808524300 | SCHG | SCHWAB STRATEGIC TR | $56.9M | 30.0% | 1,743,373 | Common | NONE |
| 46090E103 | QQQ | INVESCO QQQ TR | $35.1M | 18.5% | 57,126 | Common | NONE |
| 808524409 | SCHV | SCHWAB STRATEGIC TR | $32.9M | 17.4% | 1,110,791 | Common | NONE |
| 922908637 | VV | VANGUARD INDEX FDS | $18.2M | 9.63% | 57,870 | Common | NONE |
| 37637Q105 | GBCI | GLACIER BANCORP INC NEW | $5.4M | 2.87% | 123,439 | Common | NONE |
| 78464A508 | SPYV | SPDR SERIES TRUST | $4.8M | 2.53% | 84,118 | Common | NONE |
| 478160104 | JNJ | JOHNSON & JOHNSON | $4.1M | 2.19% | 19,989 | Common | NONE |
| 594918104 | MSFT | MICROSOFT CORP | $3.8M | 1.98% | 7,765 | Common | NONE |
| 037833100 | AAPL | APPLE INC | $3.8M | 1.98% | 13,798 | Common | NONE |
| 32055Y201 | FIBK | FIRST INTST BANCSYSTEM INC | $1.8M | 0.95% | 52,100 | Common | NONE |
| 023135106 | AMZN | AMAZON COM INC | $1.7M | 0.92% | 7,580 | Common | NONE |
| 78467X109 | DIA | SPDR DOW JONES INDL AVERAGE | $1.5M | 0.77% | 3,023 | Common | NONE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $1.3M | 0.70% | 7,054 | Common | NONE |
| 02079K107 | GOOG | ALPHABET INC | $1.3M | 0.67% | 4,023 | Common | NONE |
| 922908363 | VOO | VANGUARD INDEX FDS | $1.1M | 0.56% | 1,703 | Common | NONE |
| 808524102 | SCHB | SCHWAB STRATEGIC TR | $1.1M | 0.56% | 40,395 | Common | NONE |
| 22160K105 | COST | COSTCO WHSL CORP NEW | $1.0M | 0.54% | 1,176 | Common | NONE |
| 922908769 | VTI | VANGUARD INDEX FDS | $970,285 | 0.51% | 2,894 | Common | NONE |
| 808524508 | SCHM | SCHWAB STRATEGIC TR | $857,486 | 0.45% | 28,516 | Common | NONE |
| 084670702 | BRK/B | BERKSHIRE HATHAWAY INC DEL | $842,944 | 0.45% | 1,677 | Common | NONE |
| G0403H108 | AON | AON PLC | $595,661 | 0.31% | 1,688 | Common | NONE |
| 166764100 | CVX | CHEVRON CORP NEW | $582,448 | 0.31% | 3,822 | Common | NONE |
| 02079K305 | GOOGL | ALPHABET INC | $536,882 | 0.28% | 1,715 | Common | NONE |
| 922042775 | VEU | VANGUARD INTL EQUITY INDEX F | $525,807 | 0.28% | 7,148 | Common | NONE |
| 30231G102 | XOM | EXXON MOBIL CORP | $496,647 | 0.26% | 4,127 | Common | NONE |
| 46625H100 | JPM | JPMORGAN CHASE & CO. | $452,328 | 0.24% | 1,404 | Common | NONE |
| 30303M102 | META | META PLATFORMS INC | $437,304 | 0.23% | 662 | Common | NONE |
| 922908553 | VNQ | VANGUARD INDEX FDS | $423,690 | 0.22% | 4,788 | Common | NONE |
| 85208R101 | CEF | SPROTT ASSET MANAGEMENT LP | $383,804 | 0.20% | 8,380 | Common | NONE |
| 00287Y109 | ABBV | ABBVIE INC | $382,173 | 0.20% | 1,673 | Common | NONE |
| 097023105 | BA | BOEING CO | $381,914 | 0.20% | 1,759 | Common | NONE |
| 855244109 | SBUX | STARBUCKS CORP | $374,482 | 0.20% | 4,447 | Common | NONE |
| 11135F101 | AVGO | BROADCOM INC | $363,285 | 0.19% | 1,050 | Common | NONE |
| 65339F101 | NEE | NEXTERA ENERGY INC | $356,684 | 0.19% | 4,443 | Common | NONE |
| 92826C839 | V | VISA INC | $351,787 | 0.19% | 1,003 | Common | NONE |
| 459200101 | IBM | INTERNATIONAL BUSINESS MACHS | $343,819 | 0.18% | 1,161 | Common | NONE |
| 231021106 | CMI | CUMMINS INC | $312,325 | 0.17% | 612 | Common | NONE |
| 464288307 | IMCG | ISHARES TR | $309,779 | 0.16% | 3,880 | Common | NONE |
| 949746101 | WMT2 | WELLS FARGO CO NEW | $287,429 | 0.15% | 3,084 | Common | NONE |
| 78463V107 | GLD | SPDR GOLD TR | $274,643 | 0.15% | 693 | Common | NONE |
| 46436E767 | USXF | ISHARES TR | $256,519 | 0.14% | 4,455 | Common | NONE |
| 532457108 | LLY | ELI LILLY & CO | $255,960 | 0.14% | 238 | Common | NONE |
| 464287150 | ITOT | ISHARES TR | $252,178 | 0.13% | 1,696 | Common | NONE |
| 92189F676 | SMH | VANECK ETF TRUST | $245,726 | 0.13% | 682 | Common | NONE |
| 293792107 | EPD | ENTERPRISE PRODS PARTNERS L | $239,590 | 0.13% | 7,473 | Common | NONE |
| 97717W307 | DLN | WISDOMTREE TR | $239,049 | 0.13% | 2,714 | Common | NONE |
| 149123101 | CAT | CATERPILLAR INC | $232,662 | 0.12% | 406 | Common | NONE |
| 74347X831 | TQQQ | PROSHARES TR | $223,322 | 0.12% | 4,236 | Common | NONE |
| N07059210 | ASML | ASML HOLDING N V | $205,413 | 0.11% | 192 | Common | NONE |
| 91324P102 | UNH | UNITEDHEALTH GROUP INC | $202,889 | 0.11% | 615 | Common | NONE |
| 922908629 | VO | VANGUARD INDEX FDS | $200,542 | 0.11% | 691 | Common | NONE |
| 595112103 | MU | MICRON TECHNOLOGY INC | $200,364 | 0.11% | 702 | Common | NONE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.