Northland Capital Management LLC Concentrated Active

Location: Virginia, MN

CIK: 0001693032 · Show all filings

Period: Q3 2025 (← Previous) (Next →)

Filing Date: Oct 29, 2025

Total Value: $171M (100.0% shares, 0.0% debt)

Holdings (30)

GNMA ISHARES TR 17.4%

Value $29.81M Shares 672,179 Share Price $44.35 Est. Cost/Share $42.73 Unrealized @ Report Date +3.8%

VTI VANGUARD INDEX FDS 10.8%

Value $18.47M Shares 56,287 Share Price $328.17 Est. Cost/Share $226.15 Unrealized @ Report Date +45.1%

AVLV AMERICAN CENTY ETF TR 9.4%

Value $16.07M Shares 222,344 Share Price $72.26 Est. Cost/Share $56.69 Unrealized @ Report Date +27.5%

FNDX SCHWAB STRATEGIC TR 8.6%

Value $14.64M Shares 556,706 Share Price $26.30 Est. Cost/Share $23.01 Unrealized @ Report Date +14.3%

STIP ISHARES TR 6.5%

Value $11.05M Shares 106,946 Share Price $103.36 Est. Cost/Share $98.45 Unrealized @ Report Date +5.0%

JAAA JANUS DETROIT STR TR 6.0%

Value $10.22M Shares 201,326 Share Price $50.78 Est. Cost/Share $50.75 Unrealized @ Report Date +0.0%

VEA VANGUARD TAX-MANAGED FDS 3.9%

Value $6.69M Shares 111,649 Share Price $59.92 Est. Cost/Share $44.82 Unrealized @ Report Date +33.7%

AVIV AMERICAN CENTY ETF TR 3.9%

Value $6.659M Shares 98,744 Share Price $67.44 Est. Cost/Share $45.83 Unrealized @ Report Date +47.2%

FNDF SCHWAB STRATEGIC TR 3.4%

Value $5.791M Shares 134,803 Share Price $42.96 Est. Cost/Share $33.86 Unrealized @ Report Date +26.9%

DFSU DIMENSIONAL ETF TRUST 3.3%

Value $5.688M Shares 133,918 Share Price $42.47 Est. Cost/Share $30.59 Unrealized @ Report Date +38.8%

AVSU AMERICAN CENTY ETF TR 3.0%

Value $5.199M Shares 70,672 Share Price $73.57 Est. Cost/Share $50.04 Unrealized @ Report Date +47.0%

AVUV AMERICAN CENTY ETF TR 3.0%

Value $5.083M Shares 51,069 Share Price $99.53 Est. Cost/Share $84.72 Unrealized @ Report Date +17.5%

SUSB ISHARES TR 2.8%

Value $4.715M Shares 186,280 Share Price $25.31 Est. Cost/Share $24.84 Unrealized @ Report Date +1.9%

PCMM BONDBLOXX ETF TRUST 2.5%

Value $4.333M Shares 85,677 Share Price $50.57 Est. Cost/Share $50.44 Unrealized @ Report Date +0.3%

AVES AMERICAN CENTY ETF TR 2.1%

Value $3.628M Shares 63,241 Share Price $57.37 Est. Cost/Share $43.83 Unrealized @ Report Date +30.9%

FNDA SCHWAB STRATEGIC TR 2.0%

Value $3.436M Shares 110,285 Share Price $31.16 Est. Cost/Share $27.90 Unrealized @ Report Date +11.7%

VWO VANGUARD INTL EQUITY INDEX F 1.8%

Value $3.023M Shares 55,801 Share Price $54.18 Est. Cost/Share $41.29 Unrealized @ Report Date +31.2%

FNDE SCHWAB STRATEGIC TR 1.7%

Value $2.984M Shares 82,512 Share Price $36.16 Est. Cost/Share $31.23 Unrealized @ Report Date +15.8%

ESGV VANGUARD WORLD FD 1.3%

Value $2.188M Shares 18,476 Share Price $118.44 Est. Cost/Share $75.35 Unrealized @ Report Date +57.2%

DFSI DIMENSIONAL ETF TRUST 1.2%

Value $2.09M Shares 51,048 Share Price $40.95 Est. Cost/Share $32.14 Unrealized @ Report Date +27.4%

AVSD AMERICAN CENTY ETF TR 1.0%

Value $1.783M Shares 24,924 Share Price $71.55 Est. Cost/Share $45.39 Unrealized @ Report Date +57.6%

VSGX VANGUARD WORLD FD 0.9%

Value $1.504M Shares 21,676 Share Price $69.37 Est. Cost/Share $60.78 Unrealized @ Report Date +14.1%

AVDV AMERICAN CENTY ETF TR 0.8%

Value $1.398M Shares 15,702 Share Price $89.03 Est. Cost/Share $56.82 Unrealized @ Report Date +56.7%

DFSE DIMENSIONAL ETF TRUST 0.5%

Value $936K Shares 22,771 Share Price $41.09 Est. Cost/Share $30.96 Unrealized @ Report Date +32.7%

FNDC SCHWAB STRATEGIC TR 0.5%

Value $923K Shares 20,727 Share Price $44.51 Est. Cost/Share $34.47 Unrealized @ Report Date +29.1%

AVSE AMERICAN CENTY ETF TR 0.5%

Value $885K Shares 13,930 Share Price $63.57 Est. Cost/Share $42.88 Unrealized @ Report Date +48.3%

ESML ISHARES TR 0.5%

Value $774K Shares 17,178 Share Price $45.08 Est. Cost/Share $39.39 Unrealized @ Report Date +14.4%

SGOV ISHARES TR 0.2%

Value $392K Shares 3,890 Share Price $100.70 Est. Cost/Share $100.52 Unrealized @ Report Date +0.2%

MUB ISHARES TR 0.2%

Value $350K Shares 3,285 Share Price $106.49 Est. Cost/Share $106.53 Unrealized @ Report Date -0.0%

VTEB VANGUARD MUN BD FDS 0.2%

Value $268K Shares 5,360 Share Price $50.07 Est. Cost/Share $49.16 Unrealized @ Report Date +1.8%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
GNMA	ISHARES TR	672,179	$29.81M	17.4%	$44.35	$42.73	+3.8%	GNMA BOND ETF	46429B333
VTI	VANGUARD INDEX FDS	56,287	$18.47M	10.8%	$328.17	$226.15	+45.1%	TOTAL STK MKT	922908769
AVLV	AMERICAN CENTY ETF TR	222,344	$16.07M	9.4%	$72.26	$56.69	+27.5%	US LARGE CAP VLU	025072349
FNDX	SCHWAB STRATEGIC TR	556,706	$14.64M	8.6%	$26.30	$23.01	+14.3%	FUNDAMENTAL US L	808524771
STIP	ISHARES TR	106,946	$11.05M	6.5%	$103.36	$98.45	+5.0%	0-5 YR TIPS ETF	46429B747
JAAA	JANUS DETROIT STR TR	201,326	$10.22M	6.0%	$50.78	$50.75	+0.0%	HENDRSON AAA CL	47103U845
VEA	VANGUARD TAX-MANAGED FDS	111,649	$6.69M	3.9%	$59.92	$44.82	+33.7%	VAN FTSE DEV MKT	921943858
AVIV	AMERICAN CENTY ETF TR	98,744	$6.659M	3.9%	$67.44	$45.83	+47.2%	INTERNATIONAL LR	025072364
FNDF	SCHWAB STRATEGIC TR	134,803	$5.791M	3.4%	$42.96	$33.86	+26.9%	FUNDAMENTAL INTL	808524755
DFSU	DIMENSIONAL ETF TRUST	133,918	$5.688M	3.3%	$42.47	$30.59	+38.8%	US SUSTAINABILTY	25434V716
AVSU	AMERICAN CENTY ETF TR	70,672	$5.199M	3.0%	$73.57	$50.04	+47.0%	AVANTIS RESPON U	025072281
AVUV	AMERICAN CENTY ETF TR	51,069	$5.083M	3.0%	$99.53	$84.72	+17.5%	US SML CP VALU	025072877
SUSB	ISHARES TR	186,280	$4.715M	2.8%	$25.31	$24.84	+1.9%	ESG AWRE 1 5 YR	46435G243
PCMM	BONDBLOXX ETF TRUST	85,677	$4.333M	2.5%	$50.57	$50.44	+0.3%	BONDBLOXX PRIVAT	09789C671
AVES	AMERICAN CENTY ETF TR	63,241	$3.628M	2.1%	$57.37	$43.83	+30.9%	EMERGING MKT VAL	025072372
FNDA	SCHWAB STRATEGIC TR	110,285	$3.436M	2.0%	$31.16	$27.90	+11.7%	FUNDAMENTAL US S	808524763
VWO	VANGUARD INTL EQUITY INDEX F	55,801	$3.023M	1.8%	$54.18	$41.29	+31.2%	FTSE EMR MKT ETF	922042858
FNDE	SCHWAB STRATEGIC TR	82,512	$2.984M	1.7%	$36.16	$31.23	+15.8%	FUNDAMENTAL EMER	808524730
ESGV	VANGUARD WORLD FD	18,476	$2.188M	1.3%	$118.44	$75.35	+57.2%	ESG US STK ETF	921910733
DFSI	DIMENSIONAL ETF TRUST	51,048	$2.09M	1.2%	$40.95	$32.14	+27.4%	INTERNATIONAL	25434V690
AVSD	AMERICAN CENTY ETF TR	24,924	$1.783M	1.0%	$71.55	$45.39	+57.6%	AVANTIS RESPONSI	025072299
VSGX	VANGUARD WORLD FD	21,676	$1.504M	0.9%	$69.37	$60.78	+14.1%	ESG INTL STK ETF	921910725
AVDV	AMERICAN CENTY ETF TR	15,702	$1.398M	0.8%	$89.03	$56.82	+56.7%	INTL SMCP VLU	025072802
DFSE	DIMENSIONAL ETF TRUST	22,771	$936K	0.5%	$41.09	$30.96	+32.7%	EMERGING MARKETS	25434V682
FNDC	SCHWAB STRATEGIC TR	20,727	$923K	0.5%	$44.51	$34.47	+29.1%	FUNDAMENTAL INTL	808524748
AVSE	AMERICAN CENTY ETF TR	13,930	$885K	0.5%	$63.57	$42.88	+48.3%	AVANTIS RESPONSI	025072315
ESML	ISHARES TR	17,178	$774K	0.5%	$45.08	$39.39	+14.4%	ESG AWARE MSCI	46435U663
SGOV	ISHARES TR	3,890	$392K	0.2%	$100.70	$100.52	+0.2%	0-3 MNTH TREASRY	46436E718
MUB	ISHARES TR	3,285	$350K	0.2%	$106.49	$106.53	-0.0%	NATIONAL MUN ETF	464288414
VTEB	VANGUARD MUN BD FDS	5,360	$268K	0.2%	$50.07	$49.16	+1.8%	TAX EXEMPT BD	922907746