Northland Capital Management LLC Concentrated Active

Location: Virginia, MN

CIK: 0001693032 · Show all filings

Period: Q4 2025 (← Previous) (Next →)

Filing Date: Jan 20, 2026

Total Value: $179M (100.0% shares, 0.0% debt)

Holdings (30)

GNMA ISHARES TR 16.9%

Value $30.24M Shares 678,983 Est. Cost $44.04 Unrealized —

AVLV AMERICAN CENTY ETF TR 11.1%

Value $19.73M Shares 260,445 Est. Cost $60.61 Unrealized —

FNDX SCHWAB STRATEGIC TR 10.9%

Value $19.51M Shares 717,032 Est. Cost $32.24 Unrealized —

VTI VANGUARD INDEX FDS 6.8%

Value $12.2M Shares 36,390 Est. Cost $224.28 Unrealized —

JAAA JANUS DETROIT STR TR 6.0%

Value $10.72M Shares 211,904 Est. Cost $50.72 Unrealized —

STIP ISHARES TR 5.7%

Value $10.11M Shares 98,692 Est. Cost $98.34 Unrealized —

AVIV AMERICAN CENTY ETF TR 4.5%

Value $8.005M Shares 112,387 Est. Cost $46.26 Unrealized —

FNDF SCHWAB STRATEGIC TR 4.4%

Value $7.893M Shares 174,585 Est. Cost $36.13 Unrealized —

AVSU AMERICAN CENTY ETF TR 3.2%

Value $5.787M Shares 75,850 Est. Cost $49.17 Unrealized —

DFSU DIMENSIONAL ETF TRUST 3.2%

Value $5.7M Shares 131,241 Est. Cost $31.57 Unrealized —

AVUV AMERICAN CENTY ETF TR 3.0%

Value $5.336M Shares 52,324 Est. Cost $84.21 Unrealized —

FNDA SCHWAB STRATEGIC TR 2.9%

Value $5.241M Shares 166,335 Est. Cost $36.27 Unrealized —

SUSB ISHARES TR 2.7%

Value $4.871M Shares 192,970 Est. Cost $24.81 Unrealized —

VEA VANGUARD TAX-MANAGED FDS 2.6%

Value $4.646M Shares 74,367 Est. Cost $43.20 Unrealized —

PCMM BONDBLOXX ETF TRUST 2.6%

Value $4.555M Shares 90,889 Est. Cost $50.56 Unrealized —

AVES AMERICAN CENTY ETF TR 2.2%

Value $3.909M Shares 67,035 Est. Cost $42.29 Unrealized —

FNDE SCHWAB STRATEGIC TR 2.1%

Value $3.788M Shares 105,047 Est. Cost $31.93 Unrealized —

DFSI DIMENSIONAL ETF TRUST 1.2%

Value $2.19M Shares 51,107 Est. Cost $32.24 Unrealized —

AVSD AMERICAN CENTY ETF TR 1.2%

Value $2.129M Shares 28,670 Est. Cost $44.97 Unrealized —

ESGV VANGUARD WORLD FD 1.1%

Value $1.998M Shares 16,517 Est. Cost $76.53 Unrealized —

VWO VANGUARD INTL EQUITY INDEX F 1.1%

Value $1.915M Shares 35,621 Est. Cost $42.05 Unrealized —

VSGX VANGUARD WORLD FD 0.9%

Value $1.548M Shares 21,616 Est. Cost $60.28 Unrealized —

AVDV AMERICAN CENTY ETF TR 0.8%

Value $1.438M Shares 15,301 Est. Cost $52.78 Unrealized —

FNDC SCHWAB STRATEGIC TR 0.8%

Value $1.372M Shares 30,803 Est. Cost $37.14 Unrealized —

DFSE DIMENSIONAL ETF TRUST 0.5%

Value $941K Shares 22,691 Est. Cost $31.61 Unrealized —

AVSE AMERICAN CENTY ETF TR 0.5%

Value $929K Shares 14,294 Est. Cost $39.40 Unrealized —

ESML ISHARES TR 0.5%

Value $832K Shares 18,095 Est. Cost $39.98 Unrealized —

SGOV ISHARES TR 0.2%

Value $390K Shares 3,890 Est. Cost $100.70 Unrealized —

MUB ISHARES TR 0.2%

Value $352K Shares 3,285 Est. Cost $106.36 Unrealized —

VTEB VANGUARD MUN BD FDS 0.2%

Value $270K Shares 5,360 Est. Cost $49.67 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
GNMA	ISHARES TR	678,983	$30.24M	16.9%	$44.04	—	GNMA BOND ETF	46429B333
AVLV	AMERICAN CENTY ETF TR	260,445	$19.73M	11.1%	$60.61	—	US LARGE CAP VLU	025072349
FNDX	SCHWAB STRATEGIC TR	717,032	$19.51M	10.9%	$32.24	—	FUNDAMENTAL US L	808524771
VTI	VANGUARD INDEX FDS	36,390	$12.2M	6.8%	$224.28	—	TOTAL STK MKT	922908769
JAAA	JANUS DETROIT STR TR	211,904	$10.72M	6.0%	$50.72	—	HENDRSON AAA CL	47103U845
STIP	ISHARES TR	98,692	$10.11M	5.7%	$98.34	—	0-5 YR TIPS ETF	46429B747
AVIV	AMERICAN CENTY ETF TR	112,387	$8.005M	4.5%	$46.26	—	INTERNATIONAL LR	025072364
FNDF	SCHWAB STRATEGIC TR	174,585	$7.893M	4.4%	$36.13	—	FUNDAMENTAL INTL	808524755
AVSU	AMERICAN CENTY ETF TR	75,850	$5.787M	3.2%	$49.17	—	AVANTIS RESPON U	025072281
DFSU	DIMENSIONAL ETF TRUST	131,241	$5.7M	3.2%	$31.57	—	US SUSTAINABILTY	25434V716
AVUV	AMERICAN CENTY ETF TR	52,324	$5.336M	3.0%	$84.21	—	US SML CP VALU	025072877
FNDA	SCHWAB STRATEGIC TR	166,335	$5.241M	2.9%	$36.27	—	FUNDAMENTAL US S	808524763
SUSB	ISHARES TR	192,970	$4.871M	2.7%	$24.81	—	ESG AWRE 1 5 YR	46435G243
VEA	VANGUARD TAX-MANAGED FDS	74,367	$4.646M	2.6%	$43.20	—	VAN FTSE DEV MKT	921943858
PCMM	BONDBLOXX ETF TRUST	90,889	$4.555M	2.6%	$50.56	—	BONDBLOXX PRIVAT	09789C671
AVES	AMERICAN CENTY ETF TR	67,035	$3.909M	2.2%	$42.29	—	EMERGING MKT VAL	025072372
FNDE	SCHWAB STRATEGIC TR	105,047	$3.788M	2.1%	$31.93	—	FUNDAMENTAL EMER	808524730
DFSI	DIMENSIONAL ETF TRUST	51,107	$2.19M	1.2%	$32.24	—	INTERNATIONAL	25434V690
AVSD	AMERICAN CENTY ETF TR	28,670	$2.129M	1.2%	$44.97	—	AVANTIS RESPONSI	025072299
ESGV	VANGUARD WORLD FD	16,517	$1.998M	1.1%	$76.53	—	ESG US STK ETF	921910733
VWO	VANGUARD INTL EQUITY INDEX F	35,621	$1.915M	1.1%	$42.05	—	FTSE EMR MKT ETF	922042858
VSGX	VANGUARD WORLD FD	21,616	$1.548M	0.9%	$60.28	—	ESG INTL STK ETF	921910725
AVDV	AMERICAN CENTY ETF TR	15,301	$1.438M	0.8%	$52.78	—	INTL SMCP VLU	025072802
FNDC	SCHWAB STRATEGIC TR	30,803	$1.372M	0.8%	$37.14	—	FUNDAMENTAL INTL	808524748
DFSE	DIMENSIONAL ETF TRUST	22,691	$941K	0.5%	$31.61	—	EMERGING MARKETS	25434V682
AVSE	AMERICAN CENTY ETF TR	14,294	$929K	0.5%	$39.40	—	AVANTIS RESPONSI	025072315
ESML	ISHARES TR	18,095	$832K	0.5%	$39.98	—	ESG AWARE MSCI	46435U663
SGOV	ISHARES TR	3,890	$390K	0.2%	$100.70	—	0-3 MNTH TREASRY	46436E718
MUB	ISHARES TR	3,285	$352K	0.2%	$106.36	—	NATIONAL MUN ETF	464288414
VTEB	VANGUARD MUN BD FDS	5,360	$270K	0.2%	$49.67	—	TAX EXEMPT BD	922907746