13F HOLDINGS REPORT
Northern Capital Management, Inc.
Quarter ended Q2 2025 · Filed July 29, 2025 · Accession 0001581794-25-000010
Total Value
$170.0M
Positions
44
Other Managers
0
Confidential Omitted
No
Holdings (44)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | SCHWAB STRATEGIC TR | 808524300 | 1,806,661 | $52.8M | 31.04% |
| 2 | INVESCO QQQ TR | IVZ | 57,800 | $31.9M | 18.75% |
| 3 | SCHWAB STRATEGIC TR | 808524409 | 1,148,887 | $31.8M | 18.70% |
| 4 | VANGUARD INDEX FDS | 922908637 | 53,310 | $15.2M | 8.95% |
| 5 | SCHWAB STRATEGIC TR | 808524508 | 208,079 | $5.8M | 3.43% |
| 6 | MICROSOFT CORP | MSFT | 7,015 | $3.5M | 2.05% |
| 7 | JOHNSON & JOHNSON | JNJ | 19,988 | $3.1M | 1.80% |
| 8 | APPLE INC | AAPL | 13,711 | $2.8M | 1.65% |
| 9 | VANGUARD INDEX FDS | 922908629 | 8,661 | $2.4M | 1.43% |
| 10 | AMAZON COM INC | AMZN | 7,384 | $1.6M | 0.95% |
| 11 | FIRST INTST BANCSYSTEM INC | 32055Y201 | 51,821 | $1.5M | 0.88% |
| 12 | SPDR DOW JONES INDL AVERAGE | 78467X109 | 3,023 | $1.3M | 0.78% |
| 13 | SPDR SERIES TRUST | 78464A508 | 24,844 | $1.3M | 0.76% |
| 14 | COSTCO WHSL CORP NEW | 22160K105 | 1,134 | $1.1M | 0.66% |
| 15 | NVIDIA CORPORATION | NVDA | 6,055 | $956,648 | 0.56% |
| 16 | VANGUARD INDEX FDS | 922908769 | 3,093 | $939,934 | 0.55% |
| 17 | VANGUARD INDEX FDS | 922908363 | 1,654 | $939,656 | 0.55% |
| 18 | SCHWAB STRATEGIC TR | 808524102 | 38,475 | $916,866 | 0.54% |
| 19 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 1,703 | $827,266 | 0.49% |
| 20 | SPDR SERIES TRUST | 78464A847 | 13,764 | $748,486 | 0.44% |
| 21 | ALPHABET INC | GOOG | 3,857 | $684,115 | 0.40% |
| 22 | AON PLC | AON | 1,688 | $602,211 | 0.35% |
| 23 | CHEVRON CORP NEW | CVX | 3,810 | $545,489 | 0.32% |
| 24 | NEXTERA ENERGY INC | NEE-PW | 7,729 | $536,547 | 0.32% |
| 25 | META PLATFORMS INC | META | 655 | $483,649 | 0.28% |
| 26 | VANGUARD INTL EQUITY INDEX F | 922042775 | 7,148 | $480,489 | 0.28% |
| 27 | EXXON MOBIL CORP | XOM | 4,085 | $440,329 | 0.26% |
| 28 | VANGUARD INDEX FDS | 922908553 | 4,788 | $426,419 | 0.25% |
| 29 | JPMORGAN CHASE & CO. | VYLD | 1,391 | $403,176 | 0.24% |
| 30 | STARBUCKS CORP | SBUX | 4,127 | $378,157 | 0.22% |
| 31 | BOEING CO | BA-PA | 1,694 | $354,944 | 0.21% |
| 32 | INTERNATIONAL BUSINESS MACHS | INTR | 1,160 | $342,078 | 0.20% |
| 33 | ISHARES TR | 464288307 | 3,880 | $311,292 | 0.18% |
| 34 | ABBVIE INC | ABBV | 1,372 | $254,698 | 0.15% |
| 35 | SPROTT PHYSICAL GOLD & SILVE | SII | 8,380 | $252,238 | 0.15% |
| 36 | ALPHABET INC | GOOG | 1,410 | $248,509 | 0.15% |
| 37 | WELLS FARGO CO NEW | 949746101 | 3,090 | $247,571 | 0.15% |
| 38 | ISHARES TR | 46436E767 | 4,455 | $240,258 | 0.14% |
| 39 | ENTERPRISE PRODS PARTNERS L | 293792107 | 7,440 | $230,715 | 0.14% |
| 40 | ISHARES TR | 464287150 | 1,696 | $229,028 | 0.13% |
| 41 | WISDOMTREE TR | WT | 2,714 | $222,928 | 0.13% |
| 42 | BROADCOM INC | AVGO | 802 | $220,992 | 0.13% |
| 43 | SPDR GOLD TR | GLD | 680 | $207,284 | 0.12% |
| 44 | CUMMINS INC | CMI | 611 | $200,233 | 0.12% |