Latest Northern Capital Management, Inc. Stock Portfolio

Northern Capital Management, Inc. Performance:

2025 Q2: 3.92%YTD: 1.9%2024: 6.1%

Performance for 2025 Q2 is 3.92%, and YTD is 1.9%, and 2024 is 6.1%.

About Northern Capital Management, Inc. and 13F Hedge Fund Stock Holdings

Northern Capital Management, Inc. is a hedge fund based in SPOKANE, WA. On 07-Apr-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $203.2 Millions. In it's latest 13F Holdings report, Northern Capital Management, Inc. reported an equity portfolio of $170 Millions as of 30 Jun, 2025.

The top stock holdings of Northern Capital Management, Inc. are FNDA, QQQ, FNDA. The fund has invested 31% of it's portfolio in SCHWAB STRATEGIC TR and 18.8% of portfolio in INVESCO QQQ TR.

The fund managers got completely rid off CONOCOPHILLIPS (COP) and MCDONALDS CORP (MCD) stocks. They significantly reduced their stock positions in VANGUARD INDEX FDS (VB), NVIDIA CORPORATION (NVDA) and BOEING CO (BA). Northern Capital Management, Inc. opened new stock positions in BROADCOM INC (AVGO), SPDR GOLD TR (GLD) and CUMMINS INC (CMI). The fund showed a lot of confidence in some stocks as they added substantially to SPDR SERIES TRUST (BIL), VANGUARD INDEX FDS (VB) and ALPHABET INC (GOOG).

Northern Capital Management, Inc. Annual Return Estimates Vs S&P 500

Our best estimate is that Northern Capital Management, Inc. made a return of 3.92% in the last quarter. In trailing 12 months, it's portfolio return was 4.02%.

New Buys

Ticker	$ Bought
broadcom inc	220,992
spdr gold tr	207,284
cummins inc	200,233

New stocks bought by Northern Capital Management, Inc.

Additions

Ticker	% Inc.
spdr series trust	120
vanguard index fds	13.91
alphabet inc	5.73
spdr series trust	4.07
vanguard index fds	3.77
berkshire hathaway inc del	2.84
vanguard index fds	2.8
apple inc	2.77

Additions to existing portfolio by Northern Capital Management, Inc.

Reductions

Ticker	% Reduced
vanguard index fds	-8.08
nvidia corporation	-5.45
boeing co	-3.7
schwab strategic tr	-2.45
schwab strategic tr	-2.3
schwab strategic tr	-1.77
invesco qqq tr	-1.48
chevron corp new	-0.39

Northern Capital Management, Inc. reduced stake in above stock

Sold off

Ticker	$ Sold
conocophillips	-207,520
mcdonalds corp	-204,087

Northern Capital Management, Inc. got rid off the above stocks

Sector Distribution

Northern Capital Management, Inc. has about 87.8% of it's holdings in Others sector.

Sector	%
Others	87.8
Technology	4.6
Healthcare	1.9
Financial Services	1.6
Consumer Cyclical	1.2

Market Cap. Distribution

Northern Capital Management, Inc. has about 11.3% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	87.8
MEGA-CAP	9.6
LARGE-CAP	1.7

Stocks belong to which Index?

About 11.2% of the stocks held by Northern Capital Management, Inc. either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	87.9
S&P 500	11.2

Top 5 Winners (%)		%
NVDA	nvidia corporation	44.4 %
MSFT	microsoft corp	32.5 %
META	meta platforms inc	28.1 %
BA	boeing co	22.6 %
AVGO	broadcom inc	20.6 %

Top 5 Winners ($)		$
QQQ	invesco qqq tr	4.8 M
MSFT	microsoft corp	0.9 M
NVDA	nvidia corporation	0.3 M
AMZN	amazon com inc	0.2 M
META	meta platforms inc	0.1 M

Top 5 Losers (%)		%
CVX	chevron corp new	-14.4 %
ABBV	abbvie inc	-11.4 %
AON	aon plc	-10.6 %
XOM	exxon mobil corp	-9.4 %
EPD	enterprise prods partners l	-9.2 %

Top 5 Losers ($)		$
JNJ	johnson & johnson	-0.3 M
AAPL	apple inc	-0.2 M
CVX	chevron corp new	-0.1 M
AON	aon plc	-0.1 M
XOM	exxon mobil corp	0.0 M

Northern Capital Management, Inc. Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Northern Capital Management, Inc.

Northern Capital Management, Inc. has 44 stocks in it's portfolio. About 88.8% of the portfolio is in top 10 stocks. JNJ proved to be the most loss making stock for the portfolio. QQQ was the most profitable stock for Northern Capital Management, Inc. last quarter.

Last Reported on: 29 Jul, 2025

	Ticker	Namesorted descending	% Portfolio	Shares Held	$ Value	Type	% Change
	FNDA	schwab strategic tr	31.04	1,806,660	52,772,600	reduced	-1.77
Historical Trend of SCHWAB STRATEGIC TR Position Held By Northern Capital Management, Inc. What % of Portfolio is FNDA?: Number of FNDA shares held: Change in No. of Shares Held:
	QQQ	invesco qqq tr	18.75	57,800	31,884,600	reduced	-1.48

	FNDA	schwab strategic tr	18.70	1,148,890	31,789,700	reduced	-2.3

	VB	vanguard index fds	8.95	53,310	15,209,200	added	2.8

	FNDA	schwab strategic tr	3.43	208,079	5,836,620	reduced	-2.45

	MSFT	microsoft corp	2.05	7,015	3,489,150	added	0.16

	JNJ	johnson & johnson	1.80	19,988	3,053,190	unchanged	0.00

	AAPL	apple inc	1.66	13,711	2,813,180	added	2.77

	VB	vanguard index fds	1.43	8,661	2,423,540	added	3.77

	AMZN	amazon com inc	0.95	7,384	1,619,980	added	0.15

	FIBK	first intst bancsystem inc	0.88	51,821	1,493,470	added	0.62

	DIA	spdr dow jones indl average	0.78	3,023	1,332,080	unchanged	0.00

	BIL	spdr series trust	0.76	24,844	1,300,330	added	120

	COST	costco whsl corp new	0.66	1,134	1,122,950	added	0.09

	NVDA	nvidia corporation	0.56	6,055	956,648	reduced	-5.45

	VB	vanguard index fds	0.55	3,093	939,934	reduced	-8.08

	VB	vanguard index fds	0.55	1,654	939,656	added	13.91

	FNDA	schwab strategic tr	0.54	38,475	916,866	added	2.09

		berkshire hathaway inc del	0.49	1,703	827,266	added	2.84

	BIL	spdr series trust	0.44	13,764	748,486	added	4.07