Northern Capital Management, Inc.
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 12, 2024), Northern Capital Management, Inc. reported 41 stock positions worth $158.3 million. Its top holding was Schwab US Large-Cap Growth (SCHG) at 31.8% of the portfolio, followed by Schwab US Large-Cap Value (SCHV, 20.2%) and Invesco QQQ Trust Series 1 (QQQ, 18.2%). Compared with Q2 2024, it opened 3 new positions, sold out of 1, added to 14 and reduced 10. The biggest buy was Vngrd Mrgstr LRG-Cap ETF-Usd (VV, shares +7%) and the biggest sale Schwab US Large-Cap Growth (SCHG, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- SPOKANE, WA
- CIK
- 0001581794
- Portfolio Value
- $158.3M (Q3 2024)
- SEC Filing
- 0001581794-24-000011 ↗ filed Nov 12, 2024
Holdings Value
Holdings 41 stocks · $158.3M
| SCHG Schwab US Large-Cap Growth | 31.83% | 483,535 | $50.4M | Reduce -0.7% |
| SCHV Schwab US Large-Cap Value | 20.22% | 398,056 | $32.0M | Reduce -0.6% |
| QQQ Invesco QQQ Trust Series 1 | 18.23% | 59,095 | $28.8M | Reduce -0.2% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 7.96% | 47,831 | $12.6M | Add +6.6% |
| SCHM Schwab US Mid Cap ETF | 3.96% | 75,423 | $6.3M | Reduce -1.7% |
| JNJ Johnson & Johnson | 2.07% | 20,202 | $3.3M | Reduce -0.6% |
| AAPL Apple Inc. | 1.96% | 13,290 | $3.1M | Add +0.0% |
| MSFT Microsoft Corp. | 1.88% | 6,922 | $3.0M | Add +1.3% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 1.19% | 7,120 | $1.9M | Add +6.9% |
| FIBK First Interstate Bancsys-A | 0.99% | 51,003 | $1.6M | Add +0.5% |
| AMZN Amazon.com Inc. | 0.86% | 7,308 | $1.4M | Add +4.1% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.81% | 3,023 | $1.3M | No change |
| COST Costco Wholesale Corp. | 0.62% | 1,101 | $976K | Add +0.1% |
| SCHB Schwab US Broad Market ETF | 0.52% | 12,418 | $826K | Reduce -8.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.52% | 1,771 | $815K | Add +225.6% |
| NVDA Nvidia Corp. | 0.49% | 6,372 | $774K | No change |
| VOO Vanguard S&P 500 ETF | 0.42% | 1,247 | $658K | Reduce -7.6% |
| NEE Nextera Energy Inc. | 0.41% | 7,729 | $653K | No change |
| GOOG Alphabet Inc. Class C | 0.39% | 3,647 | $610K | No change |
| AON Aon PLC Class A | 0.37% | 1,688 | $584K | No change |
| CVX Chevron Corp. | 0.36% | 3,825 | $563K | Reduce -0.8% |
| SPMD SS SPDR P S&P 400 Midcap ETF | 0.32% | 9,388 | $513K | Add +18.1% |
| XOM Exxon Mobil Corp. | 0.32% | 4,335 | $508K | Add +5.2% |
| VTI VG Morningstar TS MKT ETF-US | 0.28% | 1,593 | $451K | Add +0.1% |
| VNQ Vanguard Real Estate ETF | 0.28% | 4,623 | $450K | No change |
| SBUX Starbucks Corp. | 0.27% | 4,359 | $425K | No change |
| META Meta Platforms Inc. Class A | 0.23% | 647 | $370K | No change |
| JPM JPMorgan Chase & Co. | 0.21% | 1,565 | $330K | Add +13.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.19% | 1,341 | $296K | New |
| ABBV Abbvie Inc. | 0.19% | 1,486 | $294K | Reduce -2.8% |
| GOOGL Alphabet Inc. Class A | 0.18% | 1,753 | $291K | Add +24.5% |
| BA The Boeing Co. | 0.18% | 1,875 | $285K | Reduce -10.6% |
| IMCG iShares Morningstar Mid-Cap | 0.18% | 3,880 | $283K | No change |
| VEU Vanguard Ftse All-World Ex-U | 0.17% | 4,248 | $268K | No change |
| EPD Enterprise Products Partners | 0.16% | 8,486 | $247K | Add +15.0% |
| COP Conocophillips | 0.14% | 2,101 | $221K | No change |
| USXF iShares ESG Advance MSCI USA | 0.14% | 4,455 | $219K | No change |
| DLN Wisdomtree US Largecap Divid | 0.13% | 2,714 | $213K | New |
| ITOT iShares Core S&P Total U.S. | 0.13% | 1,696 | $213K | No change |
| LLY Eli Lilly & Co. | 0.13% | 238 | $211K | No change |
| CEF Sprott Physical Gold and Sil | 0.13% | 8,380 | $205K | New |
Portfolio Sells Q2 2024 → Q3 2024
| SCHG Schwab US Large-Cap Growth | Reduce -0.7% | 31.83% | −0.94 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -0.2% | 18.23% | −0.71 |
| BIIB Biogen Inc. | Sold out | 0.00% | −0.15 |
| BA The Boeing Co. | Reduce -10.6% | 0.18% | −0.07 |
| SCHB Schwab US Broad Market ETF | Reduce -8.5% | 0.52% | −0.05 |
| CVX Chevron Corp. | Reduce -0.8% | 0.36% | −0.05 |
| VOO Vanguard S&P 500 ETF | Reduce -7.6% | 0.42% | −0.03 |
| SCHM Schwab US Mid Cap ETF | Reduce -1.7% | 3.96% | −0.02 |
| ABBV Abbvie Inc. | Reduce -2.8% | 0.19% | +0.01 |
| JNJ Johnson & Johnson | Reduce -0.6% | 2.07% | +0.09 |
| SCHV Schwab US Large-Cap Value | Reduce -0.6% | 20.22% | +0.41 |
Portfolio Buys Q2 2024 → Q3 2024
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Add +6.6% | 7.96% | +0.48 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +225.6% | 0.52% | +0.37 |
| IBM Intl Business Machines Corp. | New | 0.19% | +0.19 |
| DLN Wisdomtree US Largecap Divid | New | 0.13% | +0.13 |
| CEF Sprott Physical Gold and Sil | New | 0.13% | +0.13 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +6.9% | 1.19% | +0.11 |
| AAPL Apple Inc. | Add +0.0% | 1.96% | +0.09 |
| SPMD SS SPDR P S&P 400 Midcap ETF | Add +18.1% | 0.32% | +0.05 |
| FIBK First Interstate Bancsys-A | Add +0.5% | 0.99% | +0.05 |
| JPM JPMorgan Chase & Co. | Add +13.0% | 0.21% | +0.02 |
| EPD Enterprise Products Partners | Add +15.0% | 0.16% | +0.01 |
| GOOGL Alphabet Inc. Class A | Add +24.5% | 0.18% | +0.01 |
| XOM Exxon Mobil Corp. | Add +5.2% | 0.32% | +0.00 |
| VTI VG Morningstar TS MKT ETF-US | Add +0.1% | 0.28% | +0.00 |
| COST Costco Wholesale Corp. | Add +0.1% | 0.62% | −0.01 |
| AMZN Amazon.com Inc. | Add +4.1% | 0.86% | −0.05 |
| MSFT Microsoft Corp. | Add +1.3% | 1.88% | −0.16 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026Amended | 55 | $234.5M | SCHG, SCHV, QQQ, VV, SPYV |
| Q1 2026 | 51 | $199.5M | SCHG, SCHV, QQQ, SPYV, VV |
| Q4 2025 | 52 | $189.3M | SCHG, QQQ, SCHV, VV, GBCI |
| Q3 2025 | 46 | $184.3M | SCHG, QQQ, SCHV, VV, GBCI |
| Q2 2025 | 44 | $170.0M | SCHG, QQQ, SCHV, VV, SCHM |
| Q1 2025 | 43 | $153.4M | SCHG, SCHV, QQQ, VV, SCHM |
| Q4 2024 | 40 | $163.1M | SCHG, SCHV, QQQ, VV, SCHM |
| Q3 2024 | 41 | $158.3M | SCHG, SCHV, QQQ, VV, SCHM |
| Q2 2024 | 39 | $149.8M | SCHG, SCHV, QQQ, VV, SCHM |
| Q1 2024 | 37 | $143.3M | SCHG, SCHV, QQQ, VV, SCHM |