Northern Capital Management, Inc.
Registered adviserRegulatory profile
From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.
| Rosters | Regulatory AUM | Main clients |
|---|---|---|
| Oct 2026 to Nov 2026 | $918,205,708 | Individuals and high net worth (60%) |
| Apr 2026 to Sep 2026 | $526,735,016 | Individuals and high net worth (98%) |
| Apr 2025 to Mar 2026 | $462,159,064 | Individuals and high net worth (98%) |
| Apr 2024 to Mar 2025 | $390,992,420 | Individuals and high net worth (99%) |
| May 2023 to Mar 2024 | $340,167,135 | Individuals and high net worth (98%) |
| Apr 2023 | $340,167,135 | Individuals and high net worth (98%) |
Portfolio style
Measured from the filed 13F common-share book for Jun 30, 2026, the newest measured quarter, never from the firm's own description.
Closest benchmark: every 13F filer's combined book, active share 86.3%; sector active share 72.1% against the combined 13F book's sector weights.
Over time 23 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 backtestPortfolio Concentration
56 tracked positions · as of Sep 30, 2026 · Δ vs Jun 30, 2026Portfolio Trend
Sector Breakdown
As of Sep 30, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Unclassified | 85.4% | $199,720,868 |
| Technology | 5.7% | $13,443,630 |
| Healthcare | 2.7% | $6,377,036 |
| Financial Services | 2.2% | $5,069,669 |
| Communication Services | 1.1% | $2,601,989 |
| Consumer Cyclical | 1.0% | $2,435,149 |
| Energy | 0.9% | $2,056,799 |
| Consumer Defensive | 0.5% | $1,107,883 |
| Industrials | 0.4% | $992,993 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| SCHV | Schwab U.S. Large-Cap Value ETF | +14,963 | 1,427,635 | $47,554,521 | |
| SPYV | State Street(R) SPDR(R) Portfolio S&P 500(R) Value ETF | +9,499 | 332,070 | $20,299,439 | |
| APH | Amphenol Corp | +1,200 | 2,400 | $202,320 | |
| MSFT | Microsoft Corp | +940 | 8,651 | $4,437,097 | |
| GOOG | Alphabet Inc. | +378 | 4,445 | $1,514,589 | |
| AMZN | Amazon Com Inc | +227 | 8,116 | $2,022,101 | |
| ESGV | VANGUARD ESG U.S. STOCK ETF | +184 | 1,785 | $241,921 | |
| UNH | Unitedhealth Group Inc | +163 | 1,012 | $371,484 | |
| IBM | International Business Machines Corp | +52 | 1,215 | $267,214 | |
| EPD | Enterprise Products Partners L.P. | +16 | 7,518 | $267,715 | |
| MU | Micron Technology Inc | +1 | 853 | $908,538 | |
| COST | Costco Wholesale Corp | +1 | 1,217 | $1,107,883 | |
| V | Visa Inc. | +1 | 1,004 | $360,767 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| GBCI | Glacier Bancorp, Inc. | −40,000 | 47,162 | $2,037,398 | |
| FIBK | First Interstate Bancsystem Inc | −26,361 | 25,229 | $901,684 | |
| SCHG | Schwab U.S. Large-Cap Growth ETF | −18,144 | 1,761,732 | $63,299,030 | |
| QQQ | Invesco Qqq Trust, Series 1 | −2,773 | 54,104 | $40,024,516 | |
| ABBV | AbbVie Inc. | −795 | 878 | $229,676 | |
| CVX | Chevron Corp | −676 | 5,813 | $1,187,072 | |
| SCHM | Schwab U.S. Mid-Cap ETF | −575 | 9,756 | $331,899 | |
| XOM | ExxonMobil Holdings Corp | −447 | 3,699 | $602,012 | |
| CEF | Sprott Physical Gold & Silver Trust | −380 | 8,000 | $332,320 | |
| TSM | Taiwan Semiconductor Manufacturing Co Ltd | −181 | 447 | $203,916 | |
| VV | VANGUARD LARGE-CAP INDEX FUND | −160 | 57,003 | $20,056,505 | |
| SMH | VanEck Semiconductor ETF | −97 | 928 | $565,152 | |
| BA | Boeing Co | −71 | 1,921 | $357,402 | |
| SCHB | Schwab U.S. Broad Market ETF | −57 | 28,576 | $837,562 | |
| BRK-B | Berkshire Hathaway Inc | −53 | 532 | $264,909 | |
| SBUX | Starbucks Corp | −51 | 4,396 | $413,048 | |
| NVDA | Nvidia Corp | −45 | 7,244 | $1,654,384 | |
| AAPL | Apple Inc. | −41 | 13,772 | $4,586,351 | |
| GOOGL | Alphabet Inc. | −22 | 1,685 | $579,774 | |
| JPM | Jpmorgan Chase & Co | −18 | 1,386 | $458,530 | |
| CAT | Caterpillar Inc | −12 | 394 | $319,451 | |
| VTI | VANGUARD TOTAL STOCK MARKET INDEX FUND | −10 | 2,246 | $840,543 | |
| VOO | VANGUARD 500 INDEX FUND | −7 | 1,627 | $1,140,299 | |
| ASML | Asml Holding NV | −7 | 206 | $373,204 | |
| AVGO | Broadcom Inc. | −4 | 632 | $221,952 | |
| No positions match the current search. | |||||
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| SCHG |
Schwab U.S. Large-Cap Growth ETF
|
Reduced | 1,761,732 | $63,299,030 | 27.07% | |
| SCHV |
Schwab U.S. Large-Cap Value ETF
|
Added | 1,427,635 | $47,554,521 | 20.34% | |
| QQQ |
Invesco Qqq Trust, Series 1
|
Reduced | 54,104 | $40,024,516 | 17.12% | |
| SPYV |
State Street(R) SPDR(R) Portfolio S&P 500(R) Value ETF
|
Added | 332,070 | $20,299,439 | 8.68% | |
| VV |
VANGUARD LARGE-CAP INDEX FUND
|
Reduced | 57,003 | $20,056,505 | 8.58% | |
| JNJ |
Johnson & Johnson
Healthcare
|
Held | 19,992 | $5,292,682 | 2.26% | |
| AAPL |
Apple Inc.
Technology
|
Reduced | 13,772 | $4,586,351 | 1.96% | |
| MSFT |
Microsoft Corp
Technology
|
Added | 8,651 | $4,437,097 | 1.90% | |
| GBCI |
Glacier Bancorp, Inc.
Financial Services
|
Reduced | 47,162 | $2,037,398 | 0.87% | |
| AMZN |
Amazon Com Inc
Consumer Cyclical
|
Added | 8,116 | $2,022,101 | 0.86% | |
| NVDA |
Nvidia Corp
Technology
|
Reduced | 7,244 | $1,654,384 | 0.71% | |
| DIA |
Spdr Dow Jones Industrial Average ETF Trust
|
Held | 3,234 | $1,644,650 | 0.70% | |
| GOOG |
Alphabet Inc.
Communication Services
|
Added | 4,445 | $1,514,589 | 0.65% | |
| CVX |
Chevron Corp
Energy
|
Reduced | 5,813 | $1,187,072 | 0.51% | |
| VOO |
VANGUARD 500 INDEX FUND
|
Reduced | 1,627 | $1,140,299 | 0.49% | |
| COST |
Costco Wholesale Corp
Consumer Defensive
|
Added | 1,217 | $1,107,883 | 0.47% | |
| MU |
Micron Technology Inc
Technology
|
Added | 853 | $908,538 | 0.39% | |
| FIBK |
First Interstate Bancsystem Inc
Financial Services
|
Reduced | 25,229 | $901,684 | 0.39% | |
| VTI |
VANGUARD TOTAL STOCK MARKET INDEX FUND
|
Reduced | 2,246 | $840,543 | 0.36% | |
| SCHB |
Schwab U.S. Broad Market ETF
|
Reduced | 28,576 | $837,562 | 0.36% | |
| XOM |
ExxonMobil Holdings Corp
Energy
|
Reduced | 3,699 | $602,012 | 0.26% | |
| VEU |
Vanguard International Equity Index Funds
|
Held | 7,148 | $593,069 | 0.25% | |
| GOOGL |
Alphabet Inc.
Communication Services
|
Reduced | 1,685 | $579,774 | 0.25% | |
| SMH |
VanEck Semiconductor ETF
|
Reduced | 928 | $565,152 | 0.24% | |
| META |
Meta Platforms, Inc.
Communication Services
|
Reduced | 700 | $507,626 | 0.22% | |
| AON |
Aon plc
Financial Services
|
Held | 1,688 | $467,187 | 0.20% | |
| JPM |
Jpmorgan Chase & Co
Financial Services
|
Reduced | 1,386 | $458,530 | 0.20% | |
| VNQ |
VANGUARD REAL ESTATE INDEX FUND
|
Held | 4,788 | $429,148 | 0.18% | |
| SBUX |
Starbucks Corp
Consumer Cyclical
|
Reduced | 4,396 | $413,048 | 0.18% | |
| ASML |
Asml Holding NV
Technology
|
Reduced | 206 | $373,204 | 0.16% | |
| UNH |
Unitedhealth Group Inc
Healthcare
|
Added | 1,012 | $371,484 | 0.16% | |
| IMCG |
iShares Morningstar Mid-Cap Growth ETF
|
Held | 3,880 | $364,293 | 0.16% | |
| V |
Visa Inc.
Financial Services
|
Added | 1,004 | $360,767 | 0.15% | |
| BA |
Boeing Co
Industrials
|
Reduced | 1,921 | $357,402 | 0.15% | |
| SKHY |
SK hynix Inc.
Technology
|
NEW | 1,932 | $355,777 | 0.15% | |
| CEF |
Sprott Physical Gold & Silver Trust
Financial Services
|
Reduced | 8,000 | $332,320 | 0.14% | |
| SCHM |
Schwab U.S. Mid-Cap ETF
|
Reduced | 9,756 | $331,899 | 0.14% | |
| TQQQ |
ProShares UltraPro QQQ
|
Held | 4,236 | $330,535 | 0.14% | |
| CAT |
Caterpillar Inc
Industrials
|
Reduced | 394 | $319,451 | 0.14% | |
| VXUS |
Vanguard Total International Stock ETF
|
Held | 3,752 | $318,769 | 0.14% | |
| CMI |
Cummins Inc
Industrials
|
Held | 612 | $316,140 | 0.14% | |
| USXF |
iShares ESG Advanced MSCI USA ETF
|
Held | 4,455 | $303,207 | 0.13% | |
| ITOT |
iShares Core S&P Total U.S. Stock Market ETF
|
Held | 1,696 | $282,010 | 0.12% | |
| LLY |
ELI LILLY & Co
Healthcare
|
Held | 238 | $275,385 | 0.12% | |
| EPD |
Enterprise Products Partners L.P.
Energy
|
Added | 7,518 | $267,715 | 0.11% | |
| IBM |
International Business Machines Corp
Technology
|
Added | 1,215 | $267,214 | 0.11% | |
| BRK-B |
Berkshire Hathaway Inc
Financial Services
|
Reduced | 532 | $264,909 | 0.11% | |
| DLN |
WisdomTree U.S. LargeCap Dividend Fund
|
Held | 2,714 | $263,800 | 0.11% | |
| WFC |
Wells Fargo & Company
Financial Services
|
Held | 3,084 | $246,874 | 0.11% | |
| ESGV |
VANGUARD ESG U.S. STOCK ETF
|
Added | 1,785 | $241,921 | 0.10% |
Showing the top 50 of 56 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.