Filed: 11/6/2025ACC: 0001581794-25-000015
📋 What this filing means
NORTHERN CAPITAL MANAGEMENT, INC. filed this quarterly 13F‑HR report disclosing 46 equity positions with a total reported market value of $184.30M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
46
Positions
$184.30M
Total AUM (reported)
3.50M
Total Shares
Allocation by class
US LCAP GR ETF$56.86M30.9%
UNIT SER 1$34.81M18.9%
US LCAP VA ETF$33.20M18.0%
COM$26.69M14.5%
LARGE CAP ETF$17.05M9.2%
PRTFLO S&P500 VL$3.61M2.0%
UT SER 1$1.40M0.8%
Portfolio Concentration
Top 3$124.86M67.7%
4–10$39.09M21.2%
11–25$13.96M7.6%
Rest$6.40M3.5%
Top 3 weight
67.7%
Top 10 weight
89.0%
Voting Authority Distribution
Total shares with voting rights: 3.50M
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
3.50M
shares
% of voting shares100.0%
Investment Discretion (by position count)
Sole46
Shared0
Other0
Dominant voting typeNone · 100.0% of voting shares
Institutional Holdings46
Rows:
SCHWAB STRATEGIC TR
SOLEShares1.78M
TypeSH
Market value$56.86M
30.85%
Sole
0.00
Shared
0.00
None
1.78M
INVESCO QQQ TR
SOLEShares57.98K
TypeSH
Market value$34.81M
18.89%
Sole
0.00
Shared
0.00
None
57.98K
SCHWAB STRATEGIC TR
SOLEShares1.14M
TypeSH
Market value$33.20M
18.01%
Sole
0.00
Shared
0.00
None
1.14M
VANGUARD INDEX FDS
SOLEShares55.37K
TypeSH
Market value$17.05M
9.25%
Sole
0.00
Shared
0.00
None
55.37K
GLACIER BANCORP INC NEW
SOLEShares123.44K
TypeSH
Market value$6.01M
3.26%
Sole
0.00
Shared
0.00
None
123.44K
JOHNSON & JOHNSON
SOLEShares19.99K
TypeSH
Market value$3.71M
2.01%
Sole
0.00
Shared
0.00
None
19.99K
SPDR SERIES TRUST
SOLEShares65.24K
TypeSH
Market value$3.61M
1.96%
Sole
0.00
Shared
0.00
None
65.24K
MICROSOFT CORP
SOLEShares6.93K
TypeSH
Market value$3.59M
1.95%
Sole
0.00
Shared
0.00
None
6.93K
APPLE INC
SOLEShares13.65K
TypeSH
Market value$3.48M
1.89%
Sole
0.00
Shared
0.00
None
13.65K
FIRST INTST BANCSYSTEM INC
SOLEShares51.83K
TypeSH
Market value$1.65M
0.90%
Sole
0.00
Shared
0.00
None
51.83K
AMAZON COM INC
SOLEShares7.41K
TypeSH
Market value$1.63M
0.88%
Sole
0.00
Shared
0.00
None
7.41K
SPDR DOW JONES INDL AVERAGE
SOLEShares3.02K
TypeSH
Market value$1.40M
0.76%
Sole
0.00
Shared
0.00
None
3.02K
NVIDIA CORPORATION
SOLEShares6.05K
TypeSH
Market value$1.13M
0.61%
Sole
0.00
Shared
0.00
None
6.05K
SCHWAB STRATEGIC TR
SOLEShares37.57K
TypeSH
Market value$1.11M
0.60%
Sole
0.00
Shared
0.00
None
37.57K
COSTCO WHSL CORP NEW
SOLEShares1.14K
TypeSH
Market value$1.05M
0.57%
Sole
0.00
Shared
0.00
None
1.14K
VANGUARD INDEX FDS
SOLEShares1.68K
TypeSH
Market value$1.03M
0.56%
Sole
0.00
Shared
0.00
None
1.68K
SCHWAB STRATEGIC TR
SOLEShares39.90K
TypeSH
Market value$1.03M
0.56%
Sole
0.00
Shared
0.00
None
39.90K
VANGUARD INDEX FDS
SOLEShares2.99K
TypeSH
Market value$982.5K
0.53%
Sole
0.00
Shared
0.00
None
2.99K
ALPHABET INC
SOLEShares3.99K
TypeSH
Market value$972.1K
0.53%
Sole
0.00
Shared
0.00
None
3.99K
BERKSHIRE HATHAWAY INC DEL
SOLEShares1.69K
TypeSH
Market value$847.6K
0.46%
Sole
0.00
Shared
0.00
None
1.69K
AON PLC
SOLEShares1.69K
TypeSH
Market value$601.9K
0.33%
Sole
0.00
Shared
0.00
None
1.69K
CHEVRON CORP NEW
SOLEShares3.83K
TypeSH
Market value$595.1K
0.32%
Sole
0.00
Shared
0.00
None
3.83K
NEXTERA ENERGY INC
SOLEShares7.73K
TypeSH
Market value$583.5K
0.32%
Sole
0.00
Shared
0.00
None
7.73K
VANGUARD INTL EQUITY INDEX F
SOLEShares7.15K
TypeSH
Market value$510.2K
0.28%
Sole
0.00
Shared
0.00
None
7.15K
META PLATFORMS INC
SOLEShares662.00
TypeSH
Market value$486.4K
0.26%
Sole
0.00
Shared
0.00
None
662.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
SCHWAB STRATEGIC TRSOLE | US LCAP GR ETF | 1.78M | SH | $56.86M 30.85% | 0.00 | 0.00 | 1.78M |
INVESCO QQQ TRSOLE | UNIT SER 1 | 57.98K | SH | $34.81M 18.89% | 0.00 | 0.00 | 57.98K |
SCHWAB STRATEGIC TRSOLE | US LCAP VA ETF | 1.14M | SH | $33.20M 18.01% | 0.00 | 0.00 | 1.14M |
VANGUARD INDEX FDSSOLE | LARGE CAP ETF | 55.37K | SH | $17.05M 9.25% | 0.00 | 0.00 | 55.37K |
GLACIER BANCORP INC NEWSOLE | COM | 123.44K | SH | $6.01M 3.26% | 0.00 | 0.00 | 123.44K |
JOHNSON & JOHNSONSOLE | COM | 19.99K | SH | $3.71M 2.01% | 0.00 | 0.00 | 19.99K |
SPDR SERIES TRUSTSOLE | PRTFLO S&P500 VL | 65.24K | SH | $3.61M 1.96% | 0.00 | 0.00 | 65.24K |
MICROSOFT CORPSOLE | COM | 6.93K | SH | $3.59M 1.95% | 0.00 | 0.00 | 6.93K |
APPLE INCSOLE | COM | 13.65K | SH | $3.48M 1.89% | 0.00 | 0.00 | 13.65K |
FIRST INTST BANCSYSTEM INCSOLE | COM | 51.83K | SH | $1.65M 0.90% | 0.00 | 0.00 | 51.83K |
AMAZON COM INCSOLE | COM | 7.41K | SH | $1.63M 0.88% | 0.00 | 0.00 | 7.41K |
SPDR DOW JONES INDL AVERAGESOLE | UT SER 1 | 3.02K | SH | $1.40M 0.76% | 0.00 | 0.00 | 3.02K |
NVIDIA CORPORATIONSOLE | COM | 6.05K | SH | $1.13M 0.61% | 0.00 | 0.00 | 6.05K |
SCHWAB STRATEGIC TRSOLE | US MID-CAP ETF | 37.57K | SH | $1.11M 0.60% | 0.00 | 0.00 | 37.57K |
COSTCO WHSL CORP NEWSOLE | COM | 1.14K | SH | $1.05M 0.57% | 0.00 | 0.00 | 1.14K |
VANGUARD INDEX FDSSOLE | S&P 500 ETF SHS | 1.68K | SH | $1.03M 0.56% | 0.00 | 0.00 | 1.68K |
SCHWAB STRATEGIC TRSOLE | US BRD MKT ETF | 39.90K | SH | $1.03M 0.56% | 0.00 | 0.00 | 39.90K |
VANGUARD INDEX FDSSOLE | TOTAL STK MKT | 2.99K | SH | $982.5K 0.53% | 0.00 | 0.00 | 2.99K |
ALPHABET INCSOLE | CAP STK CL C | 3.99K | SH | $972.1K 0.53% | 0.00 | 0.00 | 3.99K |
BERKSHIRE HATHAWAY INC DELSOLE | CL B NEW | 1.69K | SH | $847.6K 0.46% | 0.00 | 0.00 | 1.69K |
AON PLCSOLE | SHS CL A | 1.69K | SH | $601.9K 0.33% | 0.00 | 0.00 | 1.69K |
CHEVRON CORP NEWSOLE | COM | 3.83K | SH | $595.1K 0.32% | 0.00 | 0.00 | 3.83K |
NEXTERA ENERGY INCSOLE | COM | 7.73K | SH | $583.5K 0.32% | 0.00 | 0.00 | 7.73K |
VANGUARD INTL EQUITY INDEX FSOLE | ALLWRLD EX US | 7.15K | SH | $510.2K 0.28% | 0.00 | 0.00 | 7.15K |
META PLATFORMS INCSOLE | CL A | 662.00 | SH | $486.4K 0.26% | 0.00 | 0.00 | 662.00 |
Page 1 of 2