Northland Capital Management LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 22, 2024), Northland Capital Management LLC reported 31 stock positions worth $174.7 million. Its top holding was Bondbloxx BBG 6 MTH US Treas (XHLF) at 13.7% of the portfolio, followed by iShares Gnma Bond ETF (GNMA, 11.1%) and Avantis US Large Cap Value (AVLV, 8.2%). Compared with Q2 2024, it opened 1 new position, added to 18 and reduced 10. The biggest buy was a new position in Bondbloxx BBG 6 MTH US Treas (XHLF) and the biggest sale iShares MBS ETF (MBB, shares −30%).
- Most Recent 13F
- Q2 2026
- Location
- VIRGINIA, MN
- CIK
- 0001693032
- Portfolio Value
- $174.7M (Q3 2024)
- SEC Filing
- 0001693032-24-000006 ↗ filed Oct 22, 2024
Holdings Value
Holdings 31 stocks · $174.7M
| XHLF Bondbloxx BBG 6 MTH US Treas | 13.66% | 473,290 | $23.9M | New |
| GNMA iShares Gnma Bond ETF | 11.13% | 434,145 | $19.4M | Reduce -0.2% |
| AVLV Avantis US Large Cap Value | 8.18% | 217,234 | $14.3M | Add +14.1% |
| MBB iShares MBS ETF | 7.86% | 143,340 | $13.7M | Reduce -29.7% |
| VTI VG Morningstar TS MKT ETF-US | 7.83% | 48,347 | $13.7M | Add +11.9% |
| STIP iShares 0-5 Year Tips Bond E | 7.77% | 133,929 | $13.6M | Reduce -0.2% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 6.12% | 149,036 | $10.7M | Add +11.2% |
| VCIT Vanguard Int-Term Corporate | 3.97% | 82,936 | $6.9M | Add +0.4% |
| AVIV Avantis Intl LRG Cap Val ETF | 3.84% | 119,604 | $6.7M | Add +2.4% |
| VEA Vanguard Ftse Developed ETF | 3.38% | 111,804 | $5.9M | Add +2.2% |
| AVSU Avantis Resp US Equity ETF | 2.93% | 78,423 | $5.1M | Add +10.2% |
| DFSU Dimensional US Sus CORE1 ETF | 2.86% | 134,454 | $5.0M | Add +9.2% |
| FNDF Schwab Fndmn Intl LRG Co. ETF | 2.84% | 132,617 | $5.0M | Add +2.3% |
| AVUV Avantis US Small Cap Value | 2.17% | 39,453 | $3.8M | Add +2.3% |
| AVES Avantis Emerging Markets Val | 1.96% | 65,756 | $3.4M | Add +2.3% |
| FNDA Schwab Fndmntl US SM Co. ETF | 1.72% | 50,532 | $3.0M | Add +4.4% |
| FNDE Schwab Fndmntl Em MRK Eq ETF | 1.51% | 81,541 | $2.6M | Add +2.2% |
| VWO Vanguard Ftse Emerging Marke | 1.49% | 54,334 | $2.6M | Add +2.3% |
| VCEB Vanguard ESG US Corp. Bond | 1.33% | 35,714 | $2.3M | Reduce -1.9% |
| DFSI Dimensional Int Sus COR1 ETF | 1.22% | 59,468 | $2.1M | Reduce -0.9% |
| AVSD Avantis Reps Intern Equi ETF | 1.21% | 34,990 | $2.1M | Reduce -0.8% |
| ESGV Vanguard ESG US Stock ETF | 1.02% | 17,503 | $1.8M | Add +11.1% |
| VSGX Vanguard ESG Intl Stock ETF | 0.85% | 24,198 | $1.5M | Reduce -0.9% |
| AVDV Avantis Intl S/C Value ETF | 0.70% | 17,219 | $1.2M | Add +2.3% |
| AVSE Avantis Resp Emerg MKTS Eq-E | 0.57% | 17,928 | $992K | Reduce -1.3% |
| DFSE Dimensional Em Sus CORE1 ETF | 0.53% | 26,258 | $930K | Add +1.1% |
| FNDC Schwab Fndmnt Intl SM Eq ETF | 0.50% | 23,020 | $878K | Add +2.8% |
| ESML iShares ESG Aware MSCI USA S | 0.39% | 16,311 | $682K | Reduce -0.8% |
| MUB iShares National Muni Bond E | 0.21% | 3,340 | $363K | No change |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.15% | 4,960 | $254K | No change |
| SGOV iShares 0-3 Month Treasury B | 0.12% | 2,000 | $201K | Reduce -20.0% |
Portfolio Sells Q2 2024 → Q3 2024
| MBB iShares MBS ETF | Reduce -29.7% | 7.86% | −5.24 |
| GNMA iShares Gnma Bond ETF | Reduce -0.2% | 11.13% | −1.99 |
| STIP iShares 0-5 Year Tips Bond E | Reduce -0.2% | 7.77% | −1.58 |
| VCEB Vanguard ESG US Corp. Bond | Reduce -1.9% | 1.33% | −0.26 |
| DFSI Dimensional Int Sus COR1 ETF | Reduce -0.9% | 1.22% | −0.17 |
| AVSD Avantis Reps Intern Equi ETF | Reduce -0.8% | 1.21% | −0.16 |
| VSGX Vanguard ESG Intl Stock ETF | Reduce -0.9% | 0.85% | −0.13 |
| AVSE Avantis Resp Emerg MKTS Eq-E | Reduce -1.3% | 0.57% | −0.09 |
| SGOV iShares 0-3 Month Treasury B | Reduce -20.0% | 0.12% | −0.06 |
| ESML iShares ESG Aware MSCI USA S | Reduce -0.8% | 0.39% | −0.05 |
Portfolio Buys Q2 2024 → Q3 2024
| XHLF Bondbloxx BBG 6 MTH US Treas | New | 13.66% | +13.66 |
| FNDC Schwab Fndmnt Intl SM Eq ETF | Add +2.8% | 0.50% | −0.04 |
| ESGV Vanguard ESG US Stock ETF | Add +11.1% | 1.02% | −0.05 |
| AVDV Avantis Intl S/C Value ETF | Add +2.3% | 0.70% | −0.07 |
| DFSE Dimensional Em Sus CORE1 ETF | Add +1.1% | 0.53% | −0.08 |
| FNDA Schwab Fndmntl US SM Co. ETF | Add +4.4% | 1.72% | −0.14 |
| VWO Vanguard Ftse Emerging Marke | Add +2.3% | 1.49% | −0.14 |
| DFSU Dimensional US Sus CORE1 ETF | Add +9.2% | 2.86% | −0.14 |
| AVSU Avantis Resp US Equity ETF | Add +10.2% | 2.93% | −0.14 |
| FNDE Schwab Fndmntl Em MRK Eq ETF | Add +2.2% | 1.51% | −0.15 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Add +11.2% | 6.12% | −0.16 |
| AVLV Avantis US Large Cap Value | Add +14.1% | 8.18% | −0.19 |
| AVES Avantis Emerging Markets Val | Add +2.3% | 1.96% | −0.23 |
| AVUV Avantis US Small Cap Value | Add +2.3% | 2.17% | −0.25 |
| VTI VG Morningstar TS MKT ETF-US | Add +11.9% | 7.83% | −0.26 |
| FNDF Schwab Fndmn Intl LRG Co. ETF | Add +2.3% | 2.84% | −0.34 |
| VEA Vanguard Ftse Developed ETF | Add +2.2% | 3.38% | −0.41 |
| AVIV Avantis Intl LRG Cap Val ETF | Add +2.4% | 3.84% | −0.44 |
| VCIT Vanguard Int-Term Corporate | Add +0.4% | 3.97% | −0.65 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 30 | $185.5M | XTEN, FNDX, STIP, AVLV, FAAA |
| Q1 2026 | 31 | $182.9M | XTEN, AVLV, FNDX, STIP, VTI |
| Q4 2025 | 30 | $178.5M | GNMA, AVLV, FNDX, VTI, JAAA |
| Q3 2025 | 30 | $171.0M | GNMA, VTI, AVLV, FNDX, STIP |
| Q2 2025 | 31 | $162.4M | GNMA, VTI, AVLV, FNDX, STIP |
| Q1 2025 | 31 | $147.8M | GNMA, AVLV, VTI, STIP, FNDX |
| Q4 2024 | 31 | $134.8M | GNMA, STIP, AVLV, VTI, FNDX |
| Q3 2024 | 31 | $174.7M | XHLF, GNMA, AVLV, MBB, VTI |
| Q2 2024 | 30 | $142.9M | GNMA, MBB, STIP, AVLV, VTI |
| Q1 2024 | 31 | $142.9M | GNMA, VMBS, VTI, STIP, AVLV |