Filed: 5/13/2026ACC: 0001581794-26-000004
📋 What this filing means
NORTHERN CAPITAL MANAGEMENT, INC. filed this quarterly 13F‑HR report disclosing 51 equity positions with a total reported market value of $199.45M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
51
Positions
$199.45M
Total AUM (reported)
3.90M
Total Shares
Allocation by class
US LCAP GR ETF$51.30M25.7%
US LCAP VA ETF$41.70M20.9%
UNIT SER 1$33.04M16.6%
COM$26.81M13.4%
STATE STREET SPD$17.59M8.8%
LARGE CAP ETF$17.03M8.5%
UT SER 1$1.50M0.8%
Portfolio Concentration
Top 3$126.05M63.2%
4–10$51.51M25.8%
11–25$13.88M7.0%
Rest$8.01M4.0%
Top 3 weight
63.2%
Top 10 weight
89.0%
Voting Authority Distribution
Total shares with voting rights: 3.90M
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
3.90M
shares
% of voting shares100.0%
Investment Discretion (by position count)
Sole51
Shared0
Other0
Dominant voting typeNone · 100.0% of voting shares
Institutional Holdings51
Rows:
SCHWAB STRATEGIC TR
SOLEShares1.76M
TypeSH
Market value$51.30M
25.72%
Sole
0.00
Shared
0.00
None
1.76M
SCHWAB STRATEGIC TR
SOLEShares1.37M
TypeSH
Market value$41.70M
20.91%
Sole
0.00
Shared
0.00
None
1.37M
INVESCO QQQ TR
SOLEShares57.25K
TypeSH
Market value$33.04M
16.57%
Sole
0.00
Shared
0.00
None
57.25K
SPDR SERIES TRUST
SOLEShares310.89K
TypeSH
Market value$17.59M
8.82%
Sole
0.00
Shared
0.00
None
310.89K
VANGUARD INDEX FDS
SOLEShares57K
TypeSH
Market value$17.03M
8.54%
Sole
0.00
Shared
0.00
None
57K
JOHNSON & JOHNSON
SOLEShares19.99K
TypeSH
Market value$4.89M
2.45%
Sole
0.00
Shared
0.00
None
19.99K
GLACIER BANCORP INC NEW
SOLEShares87.16K
TypeSH
Market value$3.89M
1.95%
Sole
0.00
Shared
0.00
None
87.16K
APPLE INC
SOLEShares13.77K
TypeSH
Market value$3.49M
1.75%
Sole
0.00
Shared
0.00
None
13.77K
MICROSOFT CORP
SOLEShares7.82K
TypeSH
Market value$2.89M
1.45%
Sole
0.00
Shared
0.00
None
7.82K
FIRST INTST BANCSYSTEM INC
SOLEShares51.34K
TypeSH
Market value$1.71M
0.86%
Sole
0.00
Shared
0.00
None
51.34K
AMAZON COM INC
SOLEShares8.09K
TypeSH
Market value$1.68M
0.84%
Sole
0.00
Shared
0.00
None
8.09K
STATE STR SPDR DOW JONES IND
SOLEShares3.23K
TypeSH
Market value$1.50M
0.75%
Sole
0.00
Shared
0.00
None
3.23K
NVIDIA CORPORATION
SOLEShares7.25K
TypeSH
Market value$1.26M
0.63%
Sole
0.00
Shared
0.00
None
7.25K
COSTCO WHOLESALE CORPORATION
SOLEShares1.22K
TypeSH
Market value$1.21M
0.61%
Sole
0.00
Shared
0.00
None
1.22K
ALPHABET INC
SOLEShares4.02K
TypeSH
Market value$1.15M
0.58%
Sole
0.00
Shared
0.00
None
4.02K
VANGUARD INDEX FDS
SOLEShares1.63K
TypeSH
Market value$972.0K
0.49%
Sole
0.00
Shared
0.00
None
1.63K
CHEVRON CORPORATION
SOLEShares3.82K
TypeSH
Market value$790.8K
0.40%
Sole
0.00
Shared
0.00
None
3.82K
BERKSHIRE HATHAWAY INC DEL
SOLEShares1.64K
TypeSH
Market value$784.9K
0.39%
Sole
0.00
Shared
0.00
None
1.64K
SCHWAB STRATEGIC TR
SOLEShares25.01K
TypeSH
Market value$774.2K
0.39%
Sole
0.00
Shared
0.00
None
25.01K
VANGUARD INDEX FDS
SOLEShares2.31K
TypeSH
Market value$740.7K
0.37%
Sole
0.00
Shared
0.00
None
2.31K
SCHWAB STRATEGIC TR
SOLEShares29.12K
TypeSH
Market value$730.9K
0.37%
Sole
0.00
Shared
0.00
None
29.12K
EXXON MOBIL CORP
SOLEShares4.13K
TypeSH
Market value$701.0K
0.35%
Sole
0.00
Shared
0.00
None
4.13K
AON PLC
SOLEShares1.69K
TypeSH
Market value$544.9K
0.27%
Sole
0.00
Shared
0.00
None
1.69K
VANGUARD INTL EQUITY INDEX F
SOLEShares7.15K
TypeSH
Market value$536.8K
0.27%
Sole
0.00
Shared
0.00
None
7.15K
ALPHABET INC
SOLEShares1.72K
TypeSH
Market value$493.3K
0.25%
Sole
0.00
Shared
0.00
None
1.72K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
SCHWAB STRATEGIC TRSOLE | US LCAP GR ETF | 1.76M | SH | $51.30M 25.72% | 0.00 | 0.00 | 1.76M |
SCHWAB STRATEGIC TRSOLE | US LCAP VA ETF | 1.37M | SH | $41.70M 20.91% | 0.00 | 0.00 | 1.37M |
INVESCO QQQ TRSOLE | UNIT SER 1 | 57.25K | SH | $33.04M 16.57% | 0.00 | 0.00 | 57.25K |
SPDR SERIES TRUSTSOLE | STATE STREET SPD | 310.89K | SH | $17.59M 8.82% | 0.00 | 0.00 | 310.89K |
VANGUARD INDEX FDSSOLE | LARGE CAP ETF | 57K | SH | $17.03M 8.54% | 0.00 | 0.00 | 57K |
JOHNSON & JOHNSONSOLE | COM | 19.99K | SH | $4.89M 2.45% | 0.00 | 0.00 | 19.99K |
GLACIER BANCORP INC NEWSOLE | COM | 87.16K | SH | $3.89M 1.95% | 0.00 | 0.00 | 87.16K |
APPLE INCSOLE | COM | 13.77K | SH | $3.49M 1.75% | 0.00 | 0.00 | 13.77K |
MICROSOFT CORPSOLE | COM | 7.82K | SH | $2.89M 1.45% | 0.00 | 0.00 | 7.82K |
FIRST INTST BANCSYSTEM INCSOLE | COM | 51.34K | SH | $1.71M 0.86% | 0.00 | 0.00 | 51.34K |
AMAZON COM INCSOLE | COM | 8.09K | SH | $1.68M 0.84% | 0.00 | 0.00 | 8.09K |
STATE STR SPDR DOW JONES INDSOLE | UT SER 1 | 3.23K | SH | $1.50M 0.75% | 0.00 | 0.00 | 3.23K |
NVIDIA CORPORATIONSOLE | COM | 7.25K | SH | $1.26M 0.63% | 0.00 | 0.00 | 7.25K |
COSTCO WHOLESALE CORPORATIONSOLE | COM | 1.22K | SH | $1.21M 0.61% | 0.00 | 0.00 | 1.22K |
ALPHABET INCSOLE | CAP STK CL C | 4.02K | SH | $1.15M 0.58% | 0.00 | 0.00 | 4.02K |
VANGUARD INDEX FDSSOLE | S&P 500 ETF SHS | 1.63K | SH | $972.0K 0.49% | 0.00 | 0.00 | 1.63K |
CHEVRON CORPORATIONSOLE | COM | 3.82K | SH | $790.8K 0.40% | 0.00 | 0.00 | 3.82K |
BERKSHIRE HATHAWAY INC DELSOLE | CL B NEW | 1.64K | SH | $784.9K 0.39% | 0.00 | 0.00 | 1.64K |
SCHWAB STRATEGIC TRSOLE | US MID-CAP ETF | 25.01K | SH | $774.2K 0.39% | 0.00 | 0.00 | 25.01K |
VANGUARD INDEX FDSSOLE | TOTAL STK MKT | 2.31K | SH | $740.7K 0.37% | 0.00 | 0.00 | 2.31K |
SCHWAB STRATEGIC TRSOLE | US BRD MKT ETF | 29.12K | SH | $730.9K 0.37% | 0.00 | 0.00 | 29.12K |
EXXON MOBIL CORPSOLE | COM | 4.13K | SH | $701.0K 0.35% | 0.00 | 0.00 | 4.13K |
AON PLCSOLE | SHS CL A | 1.69K | SH | $544.9K 0.27% | 0.00 | 0.00 | 1.69K |
VANGUARD INTL EQUITY INDEX FSOLE | ALLWRLD EX US | 7.15K | SH | $536.8K 0.27% | 0.00 | 0.00 | 7.15K |
ALPHABET INCSOLE | CAP STK CL A | 1.72K | SH | $493.3K 0.25% | 0.00 | 0.00 | 1.72K |
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