Filed: 7/29/2025ACC: 0001581794-25-000010
📋 What this filing means
NORTHERN CAPITAL MANAGEMENT, INC. filed this quarterly 13F‑HR report disclosing 44 equity positions with a total reported market value of $170.01M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
44
Positions
$170.01M
Total AUM (reported)
3.56M
Total Shares
Allocation by class
US LCAP GR ETF$52.77M31.0%
UNIT SER 1$31.88M18.8%
US LCAP VA ETF$31.79M18.7%
COM$18.70M11.0%
LARGE CAP ETF$15.21M8.9%
US MID-CAP ETF$5.84M3.4%
MID CAP ETF$2.42M1.4%
Portfolio Concentration
Top 3$116.45M68.5%
4–10$34.44M20.3%
11–25$13.43M7.9%
Rest$5.69M3.3%
Top 3 weight
68.5%
Top 10 weight
88.8%
Voting Authority Distribution
Total shares with voting rights: 3.56M
Sole
Full voting authority
0.00
shares
% of voting shares0.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
3.56M
shares
% of voting shares100.0%
Investment Discretion (by position count)
Sole44
Shared0
Other0
Dominant voting typeNone · 100.0% of voting shares
Institutional Holdings44
Rows:
SCHWAB STRATEGIC TR
SOLEShares1.81M
TypeSH
Market value$52.77M
31.04%
Sole
0.00
Shared
0.00
None
1.81M
INVESCO QQQ TR
SOLEShares57.80K
TypeSH
Market value$31.88M
18.75%
Sole
0.00
Shared
0.00
None
57.80K
SCHWAB STRATEGIC TR
SOLEShares1.15M
TypeSH
Market value$31.79M
18.70%
Sole
0.00
Shared
0.00
None
1.15M
VANGUARD INDEX FDS
SOLEShares53.31K
TypeSH
Market value$15.21M
8.95%
Sole
0.00
Shared
0.00
None
53.31K
SCHWAB STRATEGIC TR
SOLEShares208.08K
TypeSH
Market value$5.84M
3.43%
Sole
0.00
Shared
0.00
None
208.08K
MICROSOFT CORP
SOLEShares7.01K
TypeSH
Market value$3.49M
2.05%
Sole
0.00
Shared
0.00
None
7.01K
JOHNSON & JOHNSON
SOLEShares19.99K
TypeSH
Market value$3.05M
1.80%
Sole
0.00
Shared
0.00
None
19.99K
APPLE INC
SOLEShares13.71K
TypeSH
Market value$2.81M
1.65%
Sole
0.00
Shared
0.00
None
13.71K
VANGUARD INDEX FDS
SOLEShares8.66K
TypeSH
Market value$2.42M
1.43%
Sole
0.00
Shared
0.00
None
8.66K
AMAZON COM INC
SOLEShares7.38K
TypeSH
Market value$1.62M
0.95%
Sole
0.00
Shared
0.00
None
7.38K
FIRST INTST BANCSYSTEM INC
SOLEShares51.82K
TypeSH
Market value$1.49M
0.88%
Sole
0.00
Shared
0.00
None
51.82K
SPDR DOW JONES INDL AVERAGE
SOLEShares3.02K
TypeSH
Market value$1.33M
0.78%
Sole
0.00
Shared
0.00
None
3.02K
SPDR SERIES TRUST
SOLEShares24.84K
TypeSH
Market value$1.30M
0.76%
Sole
0.00
Shared
0.00
None
24.84K
COSTCO WHSL CORP NEW
SOLEShares1.13K
TypeSH
Market value$1.12M
0.66%
Sole
0.00
Shared
0.00
None
1.13K
NVIDIA CORPORATION
SOLEShares6.05K
TypeSH
Market value$956.6K
0.56%
Sole
0.00
Shared
0.00
None
6.05K
VANGUARD INDEX FDS
SOLEShares3.09K
TypeSH
Market value$939.9K
0.55%
Sole
0.00
Shared
0.00
None
3.09K
VANGUARD INDEX FDS
SOLEShares1.65K
TypeSH
Market value$939.7K
0.55%
Sole
0.00
Shared
0.00
None
1.65K
SCHWAB STRATEGIC TR
SOLEShares38.48K
TypeSH
Market value$916.9K
0.54%
Sole
0.00
Shared
0.00
None
38.48K
BERKSHIRE HATHAWAY INC DEL
SOLEShares1.70K
TypeSH
Market value$827.3K
0.49%
Sole
0.00
Shared
0.00
None
1.70K
SPDR SERIES TRUST
SOLEShares13.76K
TypeSH
Market value$748.5K
0.44%
Sole
0.00
Shared
0.00
None
13.76K
ALPHABET INC
SOLEShares3.86K
TypeSH
Market value$684.1K
0.40%
Sole
0.00
Shared
0.00
None
3.86K
AON PLC
SOLEShares1.69K
TypeSH
Market value$602.2K
0.35%
Sole
0.00
Shared
0.00
None
1.69K
CHEVRON CORP NEW
SOLEShares3.81K
TypeSH
Market value$545.5K
0.32%
Sole
0.00
Shared
0.00
None
3.81K
NEXTERA ENERGY INC
SOLEShares7.73K
TypeSH
Market value$536.5K
0.32%
Sole
0.00
Shared
0.00
None
7.73K
META PLATFORMS INC
SOLEShares655.00
TypeSH
Market value$483.6K
0.28%
Sole
0.00
Shared
0.00
None
655.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
SCHWAB STRATEGIC TRSOLE | US LCAP GR ETF | 1.81M | SH | $52.77M 31.04% | 0.00 | 0.00 | 1.81M |
INVESCO QQQ TRSOLE | UNIT SER 1 | 57.80K | SH | $31.88M 18.75% | 0.00 | 0.00 | 57.80K |
SCHWAB STRATEGIC TRSOLE | US LCAP VA ETF | 1.15M | SH | $31.79M 18.70% | 0.00 | 0.00 | 1.15M |
VANGUARD INDEX FDSSOLE | LARGE CAP ETF | 53.31K | SH | $15.21M 8.95% | 0.00 | 0.00 | 53.31K |
SCHWAB STRATEGIC TRSOLE | US MID-CAP ETF | 208.08K | SH | $5.84M 3.43% | 0.00 | 0.00 | 208.08K |
MICROSOFT CORPSOLE | COM | 7.01K | SH | $3.49M 2.05% | 0.00 | 0.00 | 7.01K |
JOHNSON & JOHNSONSOLE | COM | 19.99K | SH | $3.05M 1.80% | 0.00 | 0.00 | 19.99K |
APPLE INCSOLE | COM | 13.71K | SH | $2.81M 1.65% | 0.00 | 0.00 | 13.71K |
VANGUARD INDEX FDSSOLE | MID CAP ETF | 8.66K | SH | $2.42M 1.43% | 0.00 | 0.00 | 8.66K |
AMAZON COM INCSOLE | COM | 7.38K | SH | $1.62M 0.95% | 0.00 | 0.00 | 7.38K |
FIRST INTST BANCSYSTEM INCSOLE | COM | 51.82K | SH | $1.49M 0.88% | 0.00 | 0.00 | 51.82K |
SPDR DOW JONES INDL AVERAGESOLE | UT SER 1 | 3.02K | SH | $1.33M 0.78% | 0.00 | 0.00 | 3.02K |
SPDR SERIES TRUSTSOLE | PRTFLO S&P500 VL | 24.84K | SH | $1.30M 0.76% | 0.00 | 0.00 | 24.84K |
COSTCO WHSL CORP NEWSOLE | COM | 1.13K | SH | $1.12M 0.66% | 0.00 | 0.00 | 1.13K |
NVIDIA CORPORATIONSOLE | COM | 6.05K | SH | $956.6K 0.56% | 0.00 | 0.00 | 6.05K |
VANGUARD INDEX FDSSOLE | TOTAL STK MKT | 3.09K | SH | $939.9K 0.55% | 0.00 | 0.00 | 3.09K |
VANGUARD INDEX FDSSOLE | S&P 500 ETF SHS | 1.65K | SH | $939.7K 0.55% | 0.00 | 0.00 | 1.65K |
SCHWAB STRATEGIC TRSOLE | US BRD MKT ETF | 38.48K | SH | $916.9K 0.54% | 0.00 | 0.00 | 38.48K |
BERKSHIRE HATHAWAY INC DELSOLE | CL B NEW | 1.70K | SH | $827.3K 0.49% | 0.00 | 0.00 | 1.70K |
SPDR SERIES TRUSTSOLE | PORTFOLIO S&P400 | 13.76K | SH | $748.5K 0.44% | 0.00 | 0.00 | 13.76K |
ALPHABET INCSOLE | CAP STK CL C | 3.86K | SH | $684.1K 0.40% | 0.00 | 0.00 | 3.86K |
AON PLCSOLE | SHS CL A | 1.69K | SH | $602.2K 0.35% | 0.00 | 0.00 | 1.69K |
CHEVRON CORP NEWSOLE | COM | 3.81K | SH | $545.5K 0.32% | 0.00 | 0.00 | 3.81K |
NEXTERA ENERGY INCSOLE | COM | 7.73K | SH | $536.5K 0.32% | 0.00 | 0.00 | 7.73K |
META PLATFORMS INCSOLE | CL A | 655.00 | SH | $483.6K 0.28% | 0.00 | 0.00 | 655.00 |
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