Northern Capital Management, Inc. Long-Term Concentrated

CIK: 0001581794 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 3, 2026

Total Value ($000): $189,251 (100.0% shares, 0.0% debt)

Holdings (52)

New Positions (6)

V VISA INC 0.2%

Value ($000) $352 Shares 1,003 Est. Cost $340.38 Unrealized 0.0%

LLY ELI LILLY & CO 0.1%

Value ($000) $256 Shares 238 Est. Cost $955.55 Unrealized 0.0%

CAT CATERPILLAR INC 0.1%

Value ($000) $233 Shares 406 Est. Cost $555.50 Unrealized 0.0%

ASML ASML HOLDING N V 0.1%

Value ($000) $205 Shares 192 Est. Cost $1069.86 Unrealized —

UNH UNITEDHEALTH GROUP INC 0.1%

Value ($000) $203 Shares 615 Est. Cost $337.21 Unrealized 0.0%

MU MICRON TECHNOLOGY INC 0.1%

Value ($000) $200 Shares 702 Est. Cost $229.35 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
V	VISA INC	1,003	$352	0.2%	$340.38	0.0%	COM CL A	92826C839
LLY	ELI LILLY & CO	238	$256	0.1%	$955.55	0.0%	COM	532457108
CAT	CATERPILLAR INC	406	$233	0.1%	$555.50	0.0%	COM	149123101
ASML	ASML HOLDING N V	192	$205	0.1%	$1069.86	—	N Y REGISTRY SHS	N07059210
UNH	UNITEDHEALTH GROUP INC	615	$203	0.1%	$337.21	0.0%	COM	91324P102
MU	MICRON TECHNOLOGY INC	702	$200	0.1%	$229.35	0.0%	COM	595112103

Increased Positions (15)

VV VANGUARD INDEX FDS 9.6%

Value ($000) $18,218 (+6.9%) Shares 57,870 (+4.5%) Est. Cost $244.88 Unrealized —

SPYV SPDR SERIES TRUST 2.5%

Value ($000) $4,779 (+32.4%) Shares 84,118 (+28.9%) Est. Cost $54.61 Unrealized —

AAPL APPLE INC 2.0%

Value ($000) $3,751 (+7.9%) Shares 13,798 (+1.1%) Est. Cost $131.48 Unrealized +104.1%

NVDA NVIDIA CORPORATION 0.7%

Value ($000) $1,316 (+16.5%) Shares 7,054 (+16.5%) Est. Cost $110.09 Unrealized +69.1%

MSFT MICROSOFT CORP 2.0%

Value ($000) $3,755 (+4.6%) Shares 7,765 (+12.0%) Est. Cost $276.27 Unrealized +81.2%

AMZN AMAZON COM INC 0.9%

Value ($000) $1,750 (+7.6%) Shares 7,580 (+2.3%) Est. Cost $142.11 Unrealized +61.0%

AVGO BROADCOM INC 0.2%

Value ($000) $363 (+37.1%) Shares 1,050 (+30.8%) Est. Cost $249.11 Unrealized +43.3%

ABBV ABBVIE INC 0.2%

Value ($000) $382 (+20.3%) Shares 1,673 (+21.9%) Est. Cost $130.08 Unrealized +74.9%

VOO VANGUARD INDEX FDS 0.6%

Value ($000) $1,068 (+3.8%) Shares 1,703 (+1.4%) Est. Cost $483.53 Unrealized —

COST COSTCO WHSL CORP NEW 0.5%

Value ($000) $1,014 (-3.5%) Shares 1,176 (+3.6%) Est. Cost $465.95 Unrealized +94.4%

BA BOEING CO 0.2%

Value ($000) $382 (+10.0%) Shares 1,759 (+9.3%) Est. Cost $172.22 Unrealized +19.4%

SCHB SCHWAB STRATEGIC TR 0.6%

Value ($000) $1,060 (+3.3%) Shares 40,395 (+1.2%) Est. Cost $37.74 Unrealized —

GLD SPDR GOLD TR 0.1%

Value ($000) $275 (+13.6%) Shares 693 (+1.9%) Est. Cost $306.55 Unrealized —

SBUX STARBUCKS CORP 0.2%

Value ($000) $374 (+6.4%) Shares 4,447 (+6.8%) Est. Cost $86.22 Unrealized -2.5%

TQQQ PROSHARES TR 0.1%

Value ($000) $223 (+2.0%) Shares 4,236 (+100.0%) Est. Cost $78.06 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VV	VANGUARD INDEX FDS	57,870 (+4.5%)	$18,218 (+6.9%)	9.6%	$244.88	—	LARGE CAP ETF	922908637
SPYV	SPDR SERIES TRUST	84,118 (+28.9%)	$4,779 (+32.4%)	2.5%	$54.61	—	STATE STREET SPD	78464A508
AAPL	APPLE INC	13,798 (+1.1%)	$3,751 (+7.9%)	2.0%	$131.48	+104.1%	COM	037833100
NVDA	NVIDIA CORPORATION	7,054 (+16.5%)	$1,316 (+16.5%)	0.7%	$110.09	+69.1%	COM	67066G104
MSFT	MICROSOFT CORP	7,765 (+12.0%)	$3,755 (+4.6%)	2.0%	$276.27	+81.2%	COM	594918104
AMZN	AMAZON COM INC	7,580 (+2.3%)	$1,750 (+7.6%)	0.9%	$142.11	+61.0%	COM	023135106
AVGO	BROADCOM INC	1,050 (+30.8%)	$363 (+37.1%)	0.2%	$249.11	+43.3%	COM	11135F101
ABBV	ABBVIE INC	1,673 (+21.9%)	$382 (+20.3%)	0.2%	$130.08	+74.9%	COM	00287Y109
VOO	VANGUARD INDEX FDS	1,703 (+1.4%)	$1,068 (+3.8%)	0.6%	$483.53	—	S&P 500 ETF SHS	922908363
COST	COSTCO WHSL CORP NEW	1,176 (+3.6%)	$1,014 (-3.5%)	0.5%	$465.95	+94.4%	COM	22160K105
BA	BOEING CO	1,759 (+9.3%)	$382 (+10.0%)	0.2%	$172.22	+19.4%	COM	097023105
SCHB	SCHWAB STRATEGIC TR	40,395 (+1.2%)	$1,060 (+3.3%)	0.6%	$37.74	—	US BRD MKT ETF	808524102
GLD	SPDR GOLD TR	693 (+1.9%)	$275 (+13.6%)	0.1%	$306.55	—	GOLD SHS	78463V107
SBUX	STARBUCKS CORP	4,447 (+6.8%)	$374 (+6.4%)	0.2%	$86.22	-2.5%	COM	855244109
TQQQ	PROSHARES TR	4,236 (+100.0%)	$223 (+2.0%)	0.1%	$78.06	—	ULTRAPRO QQQ	74347X831

Decreased Positions (7)

SCHV SCHWAB STRATEGIC TR 17.4%

Value ($000) $32,891 (-0.9%) Shares 1,110,791 (-2.6%) Est. Cost $39.05 Unrealized —

QQQ INVESCO QQQ TR 18.5%

Value ($000) $35,093 (+0.8%) Shares 57,126 (-1.5%) Est. Cost $364.57 Unrealized —

SCHM SCHWAB STRATEGIC TR 0.5%

Value ($000) $857 (-23.0%) Shares 28,516 (-24.1%) Est. Cost $41.48 Unrealized —

NEE NEXTERA ENERGY INC 0.2%

Value ($000) $357 (-38.9%) Shares 4,443 (-42.5%) Est. Cost $65.87 Unrealized +25.3%

VO VANGUARD INDEX FDS 0.1%

Value ($000) $201 (-9.8%) Shares 691 (-8.7%) Est. Cost $237.40 Unrealized —

VTI VANGUARD INDEX FDS 0.5%

Value ($000) $970 (-1.2%) Shares 2,894 (-3.3%) Est. Cost $235.91 Unrealized —

SCHG SCHWAB STRATEGIC TR 30.0%

Value ($000) $56,869 (+0.0%) Shares 1,743,373 (-2.2%) Est. Cost $44.04 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SCHV	SCHWAB STRATEGIC TR	1,110,791 (-2.6%)	$32,891 (-0.9%)	17.4%	$39.05	—	US LCAP VA ETF	808524409
QQQ	INVESCO QQQ TR	57,126 (-1.5%)	$35,093 (+0.8%)	18.5%	$364.57	—	UNIT SER 1	46090E103
SCHM	SCHWAB STRATEGIC TR	28,516 (-24.1%)	$857 (-23.0%)	0.5%	$41.48	—	US MID-CAP ETF	808524508
NEE	NEXTERA ENERGY INC	4,443 (-42.5%)	$357 (-38.9%)	0.2%	$65.87	+25.3%	COM	65339F101
VO	VANGUARD INDEX FDS	691 (-8.7%)	$201 (-9.8%)	0.1%	$237.40	—	MID CAP ETF	922908629
VTI	VANGUARD INDEX FDS	2,894 (-3.3%)	$970 (-1.2%)	0.5%	$235.91	—	TOTAL STK MKT	922908769
SCHG	SCHWAB STRATEGIC TR	1,743,373 (-2.2%)	$56,869 (+0.0%)	30.0%	$44.04	—	US LCAP GR ETF	808524300

Unchanged Positions (24)

GBCI GLACIER BANCORP INC NEW 2.9%

Value ($000) $5,437 Shares 123,439 Est. Cost $46.18 Unrealized -5.7%

JNJ JOHNSON & JOHNSON 2.2%

Value ($000) $4,137 Shares 19,989 Est. Cost $127.53 Unrealized +54.5%

GOOG ALPHABET INC 0.7%

Value ($000) $1,262 Shares 4,023 Est. Cost $120.30 Unrealized +138.0%

FIBK FIRST INTST BANCSYSTEM INC 1.0%

Value ($000) $1,803 Shares 52,100 Est. Cost $28.59 Unrealized +12.4%

GOOGL ALPHABET INC 0.3%

Value ($000) $537 Shares 1,715 Est. Cost $157.94 Unrealized +80.8%

CEF SPROTT ASSET MANAGEMENT LP 0.2%

Value ($000) $384 Shares 8,380 Est. Cost $28.41 Unrealized —

CMI CUMMINS INC 0.2%

Value ($000) $312 Shares 612 Est. Cost $305.67 Unrealized +52.6%

DIA SPDR DOW JONES INDL AVERAGE 0.8%

Value ($000) $1,453 Shares 3,023 Est. Cost $305.91 Unrealized —

META META PLATFORMS INC 0.2%

Value ($000) $437 Shares 662 Est. Cost $335.03 Unrealized +99.2%

XOM EXXON MOBIL CORP 0.3%

Value ($000) $497 Shares 4,127 Est. Cost $34.52 Unrealized +234.6%

WFC WELLS FARGO CO NEW 0.2%

Value ($000) $287 Shares 3,084 Est. Cost $66.67 Unrealized +29.9%

SMH VANECK ETF TRUST 0.1%

Value ($000) $246 Shares 682 Est. Cost $326.36 Unrealized —

IBM INTERNATIONAL BUSINESS MACHS 0.2%

Value ($000) $344 Shares 1,161 Est. Cost $188.97 Unrealized +58.1%

VEU VANGUARD INTL EQUITY INDEX F 0.3%

Value ($000) $526 Shares 7,148 Est. Cost $56.82 Unrealized —

VNQ VANGUARD INDEX FDS 0.2%

Value ($000) $424 Shares 4,788 Est. Cost $88.05 Unrealized —

CVX CHEVRON CORP NEW 0.3%

Value ($000) $582 Shares 3,822 Est. Cost $67.64 Unrealized +123.8%

IMCG ISHARES TR 0.2%

Value ($000) $310 Shares 3,880 Est. Cost $70.68 Unrealized —

JPM JPMORGAN CHASE & CO. 0.2%

Value ($000) $452 Shares 1,404 Est. Cost $117.83 Unrealized +162.7%

EPD ENTERPRISE PRODS PARTNERS L 0.1%

Value ($000) $240 Shares 7,473 Est. Cost $29.17 Unrealized —

AON AON PLC 0.3%

Value ($000) $596 Shares 1,688 Est. Cost $196.52 Unrealized +77.7%

ITOT ISHARES TR 0.1%

Value ($000) $252 Shares 1,696 Est. Cost $118.78 Unrealized —

BRK/B BERKSHIRE HATHAWAY INC DEL 0.4%

Value ($000) $843 Shares 1,677 Est. Cost $429.46 Unrealized +15.9%

DLN WISDOMTREE TR 0.1%

Value ($000) $239 Shares 2,714 Est. Cost $78.56 Unrealized —

USXF ISHARES TR 0.1%

Value ($000) $257 Shares 4,455 Est. Cost $46.58 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GBCI	GLACIER BANCORP INC NEW	123,439	$5,437	2.9%	$46.18	-5.7%	COM	37637Q105
JNJ	JOHNSON & JOHNSON	19,989	$4,137	2.2%	$127.53	+54.5%	COM	478160104
GOOG	ALPHABET INC	4,023	$1,262	0.7%	$120.30	+138.0%	CAP STK CL C	02079K107
FIBK	FIRST INTST BANCSYSTEM INC	52,100	$1,803	1.0%	$28.59	+12.4%	COM	32055Y201
GOOGL	ALPHABET INC	1,715	$537	0.3%	$157.94	+80.8%	CAP STK CL A	02079K305
CEF	SPROTT ASSET MANAGEMENT LP	8,380	$384	0.2%	$28.41	—	PHYSICAL GOLD AN	85208R101
CMI	CUMMINS INC	612	$312	0.2%	$305.67	+52.6%	COM	231021106
DIA	SPDR DOW JONES INDL AVERAGE	3,023	$1,453	0.8%	$305.91	—	UT SER 1	78467X109
META	META PLATFORMS INC	662	$437	0.2%	$335.03	+99.2%	CL A	30303M102
XOM	EXXON MOBIL CORP	4,127	$497	0.3%	$34.52	+234.6%	COM	30231G102
WFC	WELLS FARGO CO NEW	3,084	$287	0.2%	$66.67	+29.9%	COM	949746101
SMH	VANECK ETF TRUST	682	$246	0.1%	$326.36	—	SEMICONDUCTR ETF	92189F676
IBM	INTERNATIONAL BUSINESS MACHS	1,161	$344	0.2%	$188.97	+58.1%	COM	459200101
VEU	VANGUARD INTL EQUITY INDEX F	7,148	$526	0.3%	$56.82	—	ALLWRLD EX US	922042775
VNQ	VANGUARD INDEX FDS	4,788	$424	0.2%	$88.05	—	REAL ESTATE ETF	922908553
CVX	CHEVRON CORP NEW	3,822	$582	0.3%	$67.64	+123.8%	COM	166764100
IMCG	ISHARES TR	3,880	$310	0.2%	$70.68	—	MRGSTR MD CP GRW	464288307
JPM	JPMORGAN CHASE & CO.	1,404	$452	0.2%	$117.83	+162.7%	COM	46625H100
EPD	ENTERPRISE PRODS PARTNERS L	7,473	$240	0.1%	$29.17	—	COM	293792107
AON	AON PLC	1,688	$596	0.3%	$196.52	+77.7%	SHS CL A	G0403H108
ITOT	ISHARES TR	1,696	$252	0.1%	$118.78	—	CORE S&P TTL STK	464287150
BRK/B	BERKSHIRE HATHAWAY INC DEL	1,677	$843	0.4%	$429.46	+15.9%	CL B NEW	084670702
DLN	WISDOMTREE TR	2,714	$239	0.1%	$78.56	—	US LARGECAP DIVD	97717W307
USXF	ISHARES TR	4,455	$257	0.1%	$46.58	—	ESG MSCI USA ETF	46436E767