13F HOLDINGS REPORT
Northern Capital Management, Inc.
Quarter ended Q4 2025 · Filed February 3, 2026 · Accession 0001581794-26-000002
Total Value
$189.3M
Positions
52
Other Managers
0
Confidential Omitted
No
Holdings (52)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | SCHWAB STRATEGIC TR | 808524300 | 1,743,373 | $56.9M | 30.05% |
| 2 | INVESCO QQQ TR | IVZ | 57,126 | $35.1M | 18.54% |
| 3 | SCHWAB STRATEGIC TR | 808524409 | 1,110,791 | $32.9M | 17.38% |
| 4 | VANGUARD INDEX FDS | 922908637 | 57,870 | $18.2M | 9.63% |
| 5 | GLACIER BANCORP INC NEW | GBCI | 123,439 | $5.4M | 2.87% |
| 6 | SPDR SERIES TRUST | 78464A508 | 84,118 | $4.8M | 2.53% |
| 7 | JOHNSON & JOHNSON | JNJ | 19,989 | $4.1M | 2.19% |
| 8 | MICROSOFT CORP | MSFT | 7,765 | $3.8M | 1.98% |
| 9 | APPLE INC | AAPL | 13,798 | $3.8M | 1.98% |
| 10 | FIRST INTST BANCSYSTEM INC | 32055Y201 | 52,100 | $1.8M | 0.95% |
| 11 | AMAZON COM INC | AMZN | 7,580 | $1.7M | 0.92% |
| 12 | SPDR DOW JONES INDL AVERAGE | 78467X109 | 3,023 | $1.5M | 0.77% |
| 13 | NVIDIA CORPORATION | NVDA | 7,054 | $1.3M | 0.70% |
| 14 | ALPHABET INC | GOOG | 4,023 | $1.3M | 0.67% |
| 15 | VANGUARD INDEX FDS | 922908363 | 1,703 | $1.1M | 0.56% |
| 16 | SCHWAB STRATEGIC TR | 808524102 | 40,395 | $1.1M | 0.56% |
| 17 | COSTCO WHSL CORP NEW | 22160K105 | 1,176 | $1.0M | 0.54% |
| 18 | VANGUARD INDEX FDS | 922908769 | 2,894 | $970,285 | 0.51% |
| 19 | SCHWAB STRATEGIC TR | 808524508 | 28,516 | $857,486 | 0.45% |
| 20 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 1,677 | $842,944 | 0.45% |
| 21 | AON PLC | AON | 1,688 | $595,661 | 0.31% |
| 22 | CHEVRON CORP NEW | CVX | 3,822 | $582,448 | 0.31% |
| 23 | ALPHABET INC | GOOG | 1,715 | $536,882 | 0.28% |
| 24 | VANGUARD INTL EQUITY INDEX F | 922042775 | 7,148 | $525,807 | 0.28% |
| 25 | EXXON MOBIL CORP | XOM | 4,127 | $496,647 | 0.26% |
| 26 | JPMORGAN CHASE & CO. | VYLD | 1,404 | $452,328 | 0.24% |
| 27 | META PLATFORMS INC | META | 662 | $437,304 | 0.23% |
| 28 | VANGUARD INDEX FDS | 922908553 | 4,788 | $423,690 | 0.22% |
| 29 | SPROTT ASSET MANAGEMENT LP | SII | 8,380 | $383,804 | 0.20% |
| 30 | ABBVIE INC | ABBV | 1,673 | $382,173 | 0.20% |
| 31 | BOEING CO | BA-PA | 1,759 | $381,914 | 0.20% |
| 32 | STARBUCKS CORP | SBUX | 4,447 | $374,482 | 0.20% |
| 33 | BROADCOM INC | AVGO | 1,050 | $363,285 | 0.19% |
| 34 | NEXTERA ENERGY INC | NEE-PW | 4,443 | $356,684 | 0.19% |
| 35 | VISA INC | V | 1,003 | $351,787 | 0.19% |
| 36 | INTERNATIONAL BUSINESS MACHS | INTR | 1,161 | $343,819 | 0.18% |
| 37 | CUMMINS INC | CMI | 612 | $312,325 | 0.17% |
| 38 | ISHARES TR | 464288307 | 3,880 | $309,779 | 0.16% |
| 39 | WELLS FARGO CO NEW | 949746101 | 3,084 | $287,429 | 0.15% |
| 40 | SPDR GOLD TR | GLD | 693 | $274,643 | 0.15% |
| 41 | ISHARES TR | 46436E767 | 4,455 | $256,519 | 0.14% |
| 42 | ELI LILLY & CO | LLY | 238 | $255,960 | 0.14% |
| 43 | ISHARES TR | 464287150 | 1,696 | $252,178 | 0.13% |
| 44 | VANECK ETF TRUST | 92189F676 | 682 | $245,726 | 0.13% |
| 45 | ENTERPRISE PRODS PARTNERS L | 293792107 | 7,473 | $239,590 | 0.13% |
| 46 | WISDOMTREE TR | WT | 2,714 | $239,049 | 0.13% |
| 47 | CATERPILLAR INC | CAT | 406 | $232,662 | 0.12% |
| 48 | PROSHARES TR | 74347X831 | 4,236 | $223,322 | 0.12% |
| 49 | ASML HOLDING N V | ASMLF | 192 | $205,413 | 0.11% |
| 50 | UNITEDHEALTH GROUP INC | UNH | 615 | $202,889 | 0.11% |
| 51 | VANGUARD INDEX FDS | 922908629 | 691 | $200,542 | 0.11% |
| 52 | MICRON TECHNOLOGY INC | MU | 702 | $200,364 | 0.11% |