NORTHLAND SECURITIES, INC.

Registered adviser

CIK

1006938

Location

MINNEAPOLIS, MN

Portfolio Value

Small $161,087,331

Diversification

Diversified

Filing Date

Global Rank

#7,133 / 8,815 ▲ 1014

Top Industry

Semiconductors 8.9%

Period ended 4 months ago

Filed Aug 4, 2026 · 3mo

3 quarters · since Dec 2025

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Oct 1, 2026

Form ADV adviser

CRD 40258

Roster of Oct 1, 2026

Regulatory AUM

$405,485,183

Main clients

Individuals and high net worth (98% of AUM)

LEI

254900ZIK4MLVQAWLS15

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Apr 2026 to Oct 2026	$405,485,183	Individuals and high net worth (98%)
Apr 2025 to Mar 2026	$359,889,042	Individuals and high net worth (98%)
Apr 2024 to Mar 2025	$236,673,858	Individuals and high net worth (98%)
May 2023 to Mar 2024	$203,155,261	Individuals and high net worth (99%)
Apr 2023	$203,155,261	Individuals and high net worth (99%)
Apr 2022 to Mar 2023	$193,049,479	Individuals and high net worth (98%)

3 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.

Style

Concentrated

The top 10 positions are 76.5% of the book (60%+)

Turnover

Turnover unknown

It needs four straight quarters of measured turnover

Horizon

Short horizon

Value-weighted holding period 2.3 quarters (under 4)

Closest benchmark: every 13F filer's combined book, active share 79.2%; sector active share 65.8% against the combined 13F book's sector weights.

Over time 3 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

117 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

20.4%

−4.5 pts

Top 5

65.5%

+5.3 pts

Top 10

76.5%

+6.2 pts

HHI

1,043

Diversified−107

Portfolio Trend

3 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	78.3%	$126,112,439	59
Technology	7.9%	$12,742,125	12
Financial Services	4.2%	$6,747,560	13
Industrials	2.6%	$4,126,941	8
Consumer Cyclical	1.9%	$3,028,294	4
Communication Services	1.3%	$2,045,174	6
Consumer Defensive	1.2%	$1,918,913	5
Healthcare	1.1%	$1,779,773	3
Energy	0.7%	$1,136,753	2
Utilities	0.5%	$818,025	3
Basic Materials	0.4%	$631,334	2

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
NLST	Netlist Inc	+15,300	26,500	$81,620
IUSB	iShares Core Universal USD Bond ETF	+7,333	28,385	$1,309,967
XLE	State Street(R) Energy Select Sector SPDR(R) ETF	+6,308	73,048	$3,879,578
IXC	iShares Global Energy ETF	+6,012	78,141	$3,839,066
BAI	BlackRock ETF Trust	+5,470	43,375	$2,286,730
KXI	iShares Global Consumer Staples ETF	+5,303	54,033	$3,648,847
THRO		+5,125	18,635	$803,354
IEMG	iShares Trust	+3,975	14,199	$0
VUG	VANGUARD GROWTH INDEX FUND	+3,938	4,860	$418,640
—		+3,908	39,424	$3,274,950
DYNF	iShares U.S. Equity Factor Rotation Active ETF	+3,167	35,659	$2,425,168
IXN	iShares Global Tech ETF	+2,475	34,721	$5,016,489
PLTR	Palantir Technologies Inc.	+1,863	3,563	$415,695
EFV	iShares MSCI EAFE Value ETF	+1,844	15,211	$0
XLK	State Street(R) Technology Select Sector SPDR(R) ETF	+1,701	32,091	$6,113,977
IVW	iShares S&P 500 Growth ETF	+1,465	23,438	$3,223,428
MSFT	Microsoft Corp	+1,369	2,995	$1,117,194
IVE	iShares S&P 500 Value ETF	+1,212	8,736	$1,983,596
HON	Honeywell International Inc	+1,075	1,975	$442,202
DBC	Invesco DB Commodity Index Tracking Fund	+1,057	18,153	$483,958
HACK		+880	14,301	$1,500,603
MBB	iShares MBS ETF	+806	3,861	$364,941
MTUM	iShares MSCI USA Momentum Factor ETF	+522	2,496	$0
EMR	Emerson Electric Co	+400	7,900	$1,130,885
IWM	iShares Russell 2000 ETF	+371	1,757	$527,890
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
JPIE	JPMorgan Income ETF	−10,236	397,103	$18,286,593
ZBH	Zimmer Biomet Holdings, Inc.	−6,000	6,000	$516,540
BWB	Bridgewater Bancshares Inc	−4,250	11,055	$232,597
USXF	iShares ESG Advanced MSCI USA ETF	−1,701	3,555	$0
ESGU	iShares ESG Aware MSCI USA ETF	−1,447	1,437	$0
CSCO	Cisco Systems, Inc.	−1,319	7,077	$831,264
EMXC	iShares MSCI Emerging Markets ex China ETF	−1,112	1,965	$201,019
IYW	iShares, Inc.	−697	4,658	$1,174,887
CGMS	Capital Group U.S. Multi-Sector Income ETF	−669	11,158	$304,948
DSI	iShares ESG MSCI KLD 400 ETF	−650	1,647	$234,516
XLF	State Street Corp	−500	19,004	$1,018,804
AMZN	Amazon Com Inc	−407	8,585	$2,046,148
CGGR	Capital Group Growth ETF	−387	6,545	$308,924
AAPL	Apple Inc.	−380	10,482	$3,033,071
CGDV	Capital Group Dividend Value ETF	−347	6,361	$313,470
UNH	Unitedhealth Group Inc	−330	1,910	$793,853
BP	Bp PLC	−318	6,540	$241,653
JEPI	JPMorgan Equity Premium Income ETF	−274	4,521	$255,346
MAR	Marriott International Inc	−250	650	$240,883
LCTU		−234	3,898	$312,463
QUAL	iShares MSCI USA Quality Factor ETF	−225	10,001	$0
USB	US Bancorp \De\	−200	7,825	$472,630
GOOG	Alphabet Inc.	−150	940	$332,130
CTVA	Corteva, Inc.	−150	3,325	$281,594
IVV	iShares Core S&P 500 ETF	−137	7,953	$5,955,922
No positions match the current search.

New Positions

Positions the filer opened this quarter

17 positions

Ticker	Company	Shares	Value
QQQ	Invesco Qqq Trust, Series 1	44,538	$32,797,783
IDEQ	Lazard International Dynamic Equity ETF	412,738	$14,474,721
MDT	Medtronic plc	6,000	$469,380
HONA	Honeywell Aerospace Inc.	1,975	$436,633
TLH	iShares 10-20 Year Treasury Bond ETF	3,927	$394,074
OPFI	OppFi Inc.	33,433	$331,989
AMD	Advanced Micro Devices Inc	550	$319,500
FISV	Fiserv Inc	5,745	$281,792
VZ	Verizon Communications Inc	5,813	$246,122
IAGG	iShares Core International Aggregate Bond ETF	4,780	$241,868
INTC	Intel Corp	1,700	$237,371
CRWD	CrowdStrike Holdings, Inc.	300	$228,942
HD	Home Depot, Inc.	623	$219,719
GOVT	iShares U.S. Treasury Bond ETF	9,600	$218,688
IJH	iShares Core S&P Mid-Cap ETF	2,630	$202,799
RSP	Victory Portfolios II	948	$201,705
NWL	Newell Brands Inc.	22,250	$136,615
No positions match the current search.

Sold Out

Positions the filer fully exited

7 positions

Ticker	Company	Shares	Value
JPM	Jpmorgan Chase & Co	1,104	$324,752
GNRC	Generac Holdings Inc.	1,400	$273,462
OKTA	Okta, Inc.	2,617	$205,984
HYDB	iShares High Yield Systematic Bond ETF	4,395	$204,455
CEG	Constellation Energy Corp	724	$202,177
NIO	NIO Inc.	13,000	$78,390
—		2,800	$0
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

117 tracked positions · $161,087,331 total · filing declares 123 positions · $171,677,367 · as of Jun 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Technology Utilities

Showing 1–50 of 117 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
QQQ	Invesco Qqq Trust, Series 1	NEW	44,538	NEW	$32,797,783	NEW	1	$688.02	20.36%
JPIE	JPMorgan Income ETF	Reduced	397,103	-10,236	$18,286,593	−2.6%	3	before history	11.35%
IDEQ	Lazard International Dynamic Equity ETF	NEW	412,738	NEW	$14,474,721	NEW	1	$34.46	8.99%
XLK	State Street(R) Technology Select Sector SPDR(R) ETF	Added	32,091	+1,701	$6,113,977	+51.4%	3	before history	3.80%
IVV	iShares Core S&P 500 ETF	Reduced	7,953	-137	$5,955,922	+12.7%	3	before history	3.70%
IXN	iShares Global Tech ETF	Added	34,721	+2,475	$5,016,489	+55.6%	3	before history	3.11%
XLE	State Street(R) Energy Select Sector SPDR(R) ETF	Added	73,048	+6,308	$3,879,578	−5.1%	3	before history	2.41%
IXC	iShares Global Energy ETF	Added	78,141	+6,012	$3,839,066	−7.6%	3	before history	2.38%
KXI	iShares Global Consumer Staples ETF	Added	54,033	+5,303	$3,648,847	+11.7%	3	before history	2.27%
		Added	39,424	+3,908	$3,274,950	+12.5%	3	before history	2.03%
IVW	iShares S&P 500 Growth ETF	Added	23,438	+1,465	$3,223,428	+29.7%	3	before history	2.00%
AMAT	Applied Materials Inc Technology	Held	4,250	0	$3,072,750	+111.5%	3	before history	1.91%
AAPL	Apple Inc. Technology	Reduced	10,482	-380	$3,033,071	+10.0%	3	before history	1.88%
DYNF	iShares U.S. Equity Factor Rotation Active ETF	Added	35,659	+3,167	$2,425,168	+28.3%	3	before history	1.51%
BAI	BlackRock ETF Trust	Added	43,375	+5,470	$2,286,730	+83.1%	3	before history	1.42%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	8,585	-407	$2,046,148	+9.3%	3	before history	1.27%
IVE	iShares S&P 500 Value ETF	Added	8,736	+1,212	$1,983,596	+24.9%	3	before history	1.23%
XAR	State Street(R) SPDR(R) S&P(R) Aerospace & Defense ETF	Added	5,755	+122	$1,633,211	+14.2%	3	before history	1.01%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	3,006	-72	$1,504,172	+2.0%	3	before history	0.93%
HACK		Added	14,301	+880	$1,500,603	+48.9%	3	before history	0.93%
NVDA	Nvidia Corp Technology	Added	6,776	+54	$1,355,809	+15.7%	3	before history	0.84%
IUSB	iShares Core Universal USD Bond ETF	Added	28,385	+7,333	$1,309,967	+34.7%	3	before history	0.81%
AVGO	Broadcom Inc. Technology	Held	3,200	0	$1,208,800	+22.0%	3	before history	0.75%
IYW	iShares, Inc.	Reduced	4,658	-697	$1,174,887	+20.9%	3	before history	0.73%
EMR	Emerson Electric Co Industrials	Added	7,900	+400	$1,130,885	+15.1%	3	before history	0.70%
MSFT	Microsoft Corp Technology	Added	2,995	+1,369	$1,117,194	+85.6%	3	before history	0.69%
XLF	State Street Corp Financial Services	Reduced	19,004	-500	$1,018,804	+5.8%	3	before history	0.63%
VTV	VANGUARD VALUE INDEX FUND	Reduced	4,641	-111	$1,011,413	+8.5%	3	before history	0.63%
COST	Costco Wholesale Corp Consumer Defensive	Added	1,062	+2	$993,469	−5.9%	3	before history	0.62%
COF	Capital One Financial Corp Financial Services	Reduced	4,700	-50	$942,914	+8.8%	3	before history	0.59%
MPC	Marathon Petroleum Corp Energy	Held	3,501	0	$895,100	+4.7%	3	before history	0.56%
SPY	Spdr S&P 500 ETF Trust	Held	1,197	0	$893,883	+14.8%	3	before history	0.55%
GLW	Corning Inc Technology	Held	3,289	0	$840,109	+87.9%	3	before history	0.52%
CSCO	Cisco Systems, Inc. Technology	Reduced	7,077	-1,319	$831,264	+27.6%	3	before history	0.52%
THRO		Added	18,635	+5,125	$803,354	+64.2%	3	before history	0.50%
UNH	Unitedhealth Group Inc Healthcare	Reduced	1,910	-330	$793,853	+31.0%	3	before history	0.49%
MDY	Spdr S&P Midcap 400 ETF Trust	Held	928	0	$652,699	+14.0%	3	before history	0.41%
OEF	iShares S&P 100 ETF	Reduced	1,761	-72	$644,297	+10.5%	3	before history	0.40%
VEA	Vanguard FTSE Developed Markets ETF	Added	8,966	+136	$638,827	+12.9%	3	before history	0.40%
CRS	Carpenter Technology Corp Industrials	Held	1,000	0	$616,840	+56.5%	3	before history	0.38%
GOOGL	Alphabet Inc. Communication Services	Reduced	1,700	-115	$607,529	+16.4%	3	before history	0.38%
IHF	iShares U.S. Healthcare Providers ETF	Added	10,802	+285	$597,674	+35.8%	3	before history	0.37%
IWM	iShares Russell 2000 ETF	Added	1,757	+371	$527,890	+53.6%	3	before history	0.33%
TSLA	Tesla, Inc. Consumer Cyclical	Added	1,240	+75	$521,544	+20.4%	3	before history	0.32%
ZBH	Zimmer Biomet Holdings, Inc. Healthcare	Reduced	6,000	-6,000	$516,540	−52.4%	3	before history	0.32%
DBC	Invesco DB Commodity Index Tracking Fund	Added	18,153	+1,057	$483,958	−2.2%	3	before history	0.30%
SPTI	State Street(R) SPDR(R) Portfolio Intermediate Term Treasury ETF	Added	16,688	+122	$473,772	−0.2%	3	before history	0.29%
USB	US Bancorp \De\ Financial Services	Reduced	7,825	-200	$472,630	+13.2%	3	before history	0.29%
MDT	Medtronic plc Healthcare	NEW	6,000	NEW	$469,380	NEW	1	$80.67	0.29%
HON	Honeywell International Inc Industrials	Added	1,975	+1,075	$442,202	+117.4%	2	unpriced	0.27%

Showing the top 50 of 117 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.