13F HOLDINGS REPORT
Northern Capital Management, Inc.
Quarter ended Q3 2025 · Filed November 6, 2025 · Accession 0001581794-25-000015
Total Value
$184.3M
Positions
46
Other Managers
0
Confidential Omitted
No
Holdings (46)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | SCHWAB STRATEGIC TR | 808524300 | 1,781,828 | $56.9M | 30.85% |
| 2 | INVESCO QQQ TR | IVZ | 57,977 | $34.8M | 18.89% |
| 3 | SCHWAB STRATEGIC TR | 808524409 | 1,140,364 | $33.2M | 18.01% |
| 4 | VANGUARD INDEX FDS | 922908637 | 55,372 | $17.0M | 9.25% |
| 5 | GLACIER BANCORP INC NEW | GBCI | 123,439 | $6.0M | 3.26% |
| 6 | JOHNSON & JOHNSON | JNJ | 19,988 | $3.7M | 2.01% |
| 7 | SPDR SERIES TRUST | 78464A508 | 65,237 | $3.6M | 1.96% |
| 8 | MICROSOFT CORP | MSFT | 6,932 | $3.6M | 1.95% |
| 9 | APPLE INC | AAPL | 13,651 | $3.5M | 1.89% |
| 10 | FIRST INTST BANCSYSTEM INC | 32055Y201 | 51,825 | $1.7M | 0.90% |
| 11 | AMAZON COM INC | AMZN | 7,406 | $1.6M | 0.88% |
| 12 | SPDR DOW JONES INDL AVERAGE | 78467X109 | 3,023 | $1.4M | 0.76% |
| 13 | NVIDIA CORPORATION | NVDA | 6,054 | $1.1M | 0.61% |
| 14 | SCHWAB STRATEGIC TR | 808524508 | 37,573 | $1.1M | 0.60% |
| 15 | COSTCO WHSL CORP NEW | 22160K105 | 1,135 | $1.1M | 0.57% |
| 16 | VANGUARD INDEX FDS | 922908363 | 1,679 | $1.0M | 0.56% |
| 17 | SCHWAB STRATEGIC TR | 808524102 | 39,900 | $1.0M | 0.56% |
| 18 | VANGUARD INDEX FDS | 922908769 | 2,994 | $982,507 | 0.53% |
| 19 | ALPHABET INC | GOOG | 3,991 | $972,079 | 0.53% |
| 20 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 1,686 | $847,620 | 0.46% |
| 21 | AON PLC | AON | 1,688 | $601,907 | 0.33% |
| 22 | CHEVRON CORP NEW | CVX | 3,832 | $595,080 | 0.32% |
| 23 | NEXTERA ENERGY INC | NEE-PW | 7,729 | $583,462 | 0.32% |
| 24 | VANGUARD INTL EQUITY INDEX F | 922042775 | 7,148 | $510,153 | 0.28% |
| 25 | META PLATFORMS INC | META | 662 | $486,435 | 0.26% |
| 26 | EXXON MOBIL CORP | XOM | 4,121 | $464,631 | 0.25% |
| 27 | JPMORGAN CHASE & CO. | VYLD | 1,407 | $443,883 | 0.24% |
| 28 | VANGUARD INDEX FDS | 922908553 | 4,788 | $437,719 | 0.24% |
| 29 | ALPHABET INC | GOOG | 1,715 | $416,969 | 0.23% |
| 30 | STARBUCKS CORP | SBUX | 4,162 | $352,105 | 0.19% |
| 31 | BOEING CO | BA-PA | 1,609 | $347,270 | 0.19% |
| 32 | INTERNATIONAL BUSINESS MACHS | INTR | 1,162 | $327,782 | 0.18% |
| 33 | ISHARES TR | 464288307 | 3,880 | $320,992 | 0.17% |
| 34 | ABBVIE INC | ABBV | 1,372 | $317,763 | 0.17% |
| 35 | SPROTT ASSET MANAGEMENT LP | SII | 8,380 | $307,462 | 0.17% |
| 36 | BROADCOM INC | AVGO | 803 | $264,970 | 0.14% |
| 37 | WELLS FARGO CO NEW | 949746101 | 3,090 | $259,004 | 0.14% |
| 38 | CUMMINS INC | CMI | 612 | $258,346 | 0.14% |
| 39 | ISHARES TR | 46436E767 | 4,455 | $255,316 | 0.14% |
| 40 | ISHARES TR | 464287150 | 1,696 | $247,022 | 0.13% |
| 41 | SPDR GOLD TR | GLD | 680 | $241,720 | 0.13% |
| 42 | WISDOMTREE TR | WT | 2,714 | $236,199 | 0.13% |
| 43 | ENTERPRISE PRODS PARTNERS L | 293792107 | 7,457 | $233,166 | 0.13% |
| 44 | VANECK ETF TRUST | 92189F676 | 682 | $222,578 | 0.12% |
| 45 | VANGUARD INDEX FDS | 922908629 | 757 | $222,361 | 0.12% |
| 46 | PROSHARES TR | 74347X831 | 2,118 | $219,001 | 0.12% |