Northern Capital Management

SPOKANE, WAfiles as Northern Capital Management, Inc.

$235m in 55 US stocks at the end of 30 June 2026. The top 10 are 89.1% of the money. It changed about 2.6% of the portfolio this quarter.

Value

$235m

Stocks

Top 10 share

89.1%

Turnover

2.6%

What changed this quarter

New

Bought for the first time this quarter.

Proshares TRTQQQ
0.1% of the fund
Taiwan Semiconductor ManufacturingTSM
0.1% of the fund
TeslaTSLA
<0.1% of the fund
Vanguard World FDESGV
<0.1% of the fund
AmphenolAPH
<0.1% of the fund

Added

Bought more of a stock they already held.

Schwab Strategic TRSCHV
21.0% of the fund
+3%
Spdr Series TrustSPYV
8.4% of the fund
+4%
ChevronCVX
0.5% of the fund
+70%
Micron TechnologyMU
0.4% of the fund
+21%
ASML Holding NVASML
0.2% of the fund
+11%
Meta PlatformsMETA
0.2% of the fund
+5%

Cut

Sold some of their stake.

Amazon.comAMZN
0.8% of the fund
-2%
Vanguard Index FDSVTI
0.4% of the fund
-2%
Schwab Strategic TRSCHM
0.2% of the fund
-59%
Berkshire HathawayBRK-B
0.1% of the fund
-64%
BroadcomAVGO
0.1% of the fund
-40%

Sold out

Sold their entire stake.

Spdr Gold TRGLD
-100%

Holdings

Schwab Strategic TRSCHG
Share
25.7%
Value
$60m
Shares
1,779,876
Held
Schwab Strategic TRSCHV
Share
21.0%
Value
$49m
Shares
1,412,672
+3%
Invesco QQQ TRQQQ
Share
17.9%
Value
$42m
Shares
56,877
Held
Vanguard Index FDSVV
Share
8.4%
Value
$20m
Shares
57,163
Held
Spdr Series TrustSPYV
Share
8.4%
Value
$20m
Shares
322,571
+4%
Johnson & JohnsonJNJ
Share
2.2%
Value
$5m
Shares
19,992
Held
Glacier BancorpGBCI
Share
1.9%
Value
$4m
Shares
87,162
Held
AppleAAPL
Share
1.7%
Value
$4m
Shares
13,813
Held
MicrosoftMSFT
Share
1.2%
Value
$3m
Shares
7,711
Held
First Interstate BancsystemFIBK
Share
0.8%
Value
$2m
Shares
51,590
Held
Amazon.comAMZN
Share
0.8%
Value
$2m
Shares
7,889
-2%
State STR Spdr DOW Jones INDDIA
Share
0.7%
Value
$2m
Shares
3,234
Held
NvidiaNVDA
Share
0.6%
Value
$1m
Shares
7,289
Held
AlphabetGOOG
Share
0.6%
Value
$1m
Shares
4,067
Held
Costco WholesaleCOST
Share
0.5%
Value
$1m
Shares
1,216
Held
Vanguard Index FDSVOO
Share
0.5%
Value
$1m
Shares
1,634
Held
ChevronCVX
Share
0.5%
Value
$1m
Shares
6,489
+70%
Micron TechnologyMU
Share
0.4%
Value
$984,009
Shares
852
+21%
Vanguard Index FDSVTI
Share
0.4%
Value
$834,900
Shares
2,256
-2%
Schwab Strategic TRSCHB
Share
0.4%
Value
$829,231
Shares
28,633
Held
Vaneck ETF TrustSMH
Share
0.3%
Value
$672,501
Shares
1,025
Held
AlphabetGOOGL
Share
0.3%
Value
$610,145
Shares
1,707
Held
Vanguard Intl Equity Index FVEU
Share
0.3%
Value
$598,645
Shares
7,148
Held
ExxonMobil HoldingsXOM
Share
0.2%
Value
$566,865
Shares
4,146
Held
AonAON
Share
0.2%
Value
$559,893
Shares
1,688
Held
Vanguard Index FDSVNQ
Share
0.2%
Value
$461,707
Shares
4,788
Held
JPMorgan ChaseJPM
Share
0.2%
Value
$459,870
Shares
1,404
Held
StarbucksSBUX
Share
0.2%
Value
$454,439
Shares
4,447
Held
CumminsCMI
Share
0.2%
Value
$436,626
Shares
612
Held
CaterpillarCAT
Share
0.2%
Value
$432,678
Shares
406
Held
BoeingBA
Share
0.2%
Value
$431,208
Shares
1,992
Held
ASML Holding NVASML
Share
0.2%
Value
$424,730
Shares
213
+11%
AbbVieABBV
Share
0.2%
Value
$421,015
Shares
1,673
Held
Meta PlatformsMETA
Share
0.2%
Value
$396,433
Shares
703
+5%
Ishares TRIMCG
Share
0.2%
Value
$381,404
Shares
3,880
Held
Schwab Strategic TRSCHM
Share
0.2%
Value
$380,910
Shares
10,331
-59%
UnitedHealth GroupUNH
Share
0.2%
Value
$353,130
Shares
849
Held
VisaV
Share
0.1%
Value
$344,430
Shares
1,003
Held
Proshares TRTQQQ
Share
0.1%
Value
$343,116
Shares
4,236
New
Sprott Asset Management LPCEF
Share
0.1%
Value
$337,127
Shares
8,380
Held
International Business MachinesIBM
Share
0.1%
Value
$327,102
Shares
1,163
Held
Vanguard Star FDSVXUS
Share
0.1%
Value
$320,758
Shares
3,752
Held
Ishares TRUSXF
Share
0.1%
Value
$309,400
Shares
4,455
Held
Taiwan Semiconductor ManufacturingTSM
Share
0.1%
Value
$300,328
Shares
628
New
Berkshire HathawayBRK-B
Share
0.1%
Value
$292,728
Shares
585
-64%
Eli LillyLLY
Share
0.1%
Value
$285,797
Shares
238
Held
Ishares TRITOT
Share
0.1%
Value
$278,602
Shares
1,696
Held
Enterprise Products Partners L.P.EPD
Share
0.1%
Value
$275,795
Shares
7,502
Held
Wisdomtree TRDLN
Share
0.1%
Value
$261,412
Shares
2,714
Held
Wells Fargo & CompanyWFC
Share
0.1%
Value
$254,862
Shares
3,084
Held
BroadcomAVGO
Share
0.1%
Value
$240,335
Shares
636
-40%
TeslaTSLA
Share
<0.1%
Value
$224,600
Shares
534
New
Vanguard World FDESGV
Share
<0.1%
Value
$211,716
Shares
1,601
New
AmphenolAPH
Share
<0.1%
Value
$211,584
Shares
1,200
New
ConocoPhillipsCOP
Share
<0.1%
Value
$205,639
Shares
1,978
Held

Company	Share of fund	Value	Shares	Change
Schwab Strategic TRSCHG	25.7%	$60m	1,779,876	Held
Schwab Strategic TRSCHV	21.0%	$49m	1,412,672	+3%
Invesco QQQ TRQQQ	17.9%	$42m	56,877	Held
Vanguard Index FDSVV	8.4%	$20m	57,163	Held
Spdr Series TrustSPYV	8.4%	$20m	322,571	+4%
Johnson & JohnsonJNJ	2.2%	$5m	19,992	Held
Glacier BancorpGBCI	1.9%	$4m	87,162	Held
AppleAAPL	1.7%	$4m	13,813	Held
MicrosoftMSFT	1.2%	$3m	7,711	Held
First Interstate BancsystemFIBK	0.8%	$2m	51,590	Held
Amazon.comAMZN	0.8%	$2m	7,889	-2%
State STR Spdr DOW Jones INDDIA	0.7%	$2m	3,234	Held
NvidiaNVDA	0.6%	$1m	7,289	Held
AlphabetGOOG	0.6%	$1m	4,067	Held
Costco WholesaleCOST	0.5%	$1m	1,216	Held
Vanguard Index FDSVOO	0.5%	$1m	1,634	Held
ChevronCVX	0.5%	$1m	6,489	+70%
Micron TechnologyMU	0.4%	$984,009	852	+21%
Vanguard Index FDSVTI	0.4%	$834,900	2,256	-2%
Schwab Strategic TRSCHB	0.4%	$829,231	28,633	Held
Vaneck ETF TrustSMH	0.3%	$672,501	1,025	Held
AlphabetGOOGL	0.3%	$610,145	1,707	Held
Vanguard Intl Equity Index FVEU	0.3%	$598,645	7,148	Held
ExxonMobil HoldingsXOM	0.2%	$566,865	4,146	Held
AonAON	0.2%	$559,893	1,688	Held
Vanguard Index FDSVNQ	0.2%	$461,707	4,788	Held
JPMorgan ChaseJPM	0.2%	$459,870	1,404	Held
StarbucksSBUX	0.2%	$454,439	4,447	Held
CumminsCMI	0.2%	$436,626	612	Held
CaterpillarCAT	0.2%	$432,678	406	Held
BoeingBA	0.2%	$431,208	1,992	Held
ASML Holding NVASML	0.2%	$424,730	213	+11%
AbbVieABBV	0.2%	$421,015	1,673	Held
Meta PlatformsMETA	0.2%	$396,433	703	+5%
Ishares TRIMCG	0.2%	$381,404	3,880	Held
Schwab Strategic TRSCHM	0.2%	$380,910	10,331	-59%
UnitedHealth GroupUNH	0.2%	$353,130	849	Held
VisaV	0.1%	$344,430	1,003	Held
Proshares TRTQQQ	0.1%	$343,116	4,236	New
Sprott Asset Management LPCEF	0.1%	$337,127	8,380	Held
International Business MachinesIBM	0.1%	$327,102	1,163	Held
Vanguard Star FDSVXUS	0.1%	$320,758	3,752	Held
Ishares TRUSXF	0.1%	$309,400	4,455	Held
Taiwan Semiconductor ManufacturingTSM	0.1%	$300,328	628	New
Berkshire HathawayBRK-B	0.1%	$292,728	585	-64%
Eli LillyLLY	0.1%	$285,797	238	Held
Ishares TRITOT	0.1%	$278,602	1,696	Held
Enterprise Products Partners L.P.EPD	0.1%	$275,795	7,502	Held
Wisdomtree TRDLN	0.1%	$261,412	2,714	Held
Wells Fargo & CompanyWFC	0.1%	$254,862	3,084	Held
BroadcomAVGO	0.1%	$240,335	636	-40%
TeslaTSLA	<0.1%	$224,600	534	New
Vanguard World FDESGV	<0.1%	$211,716	1,601	New
AmphenolAPH	<0.1%	$211,584	1,200	New
ConocoPhillipsCOP	<0.1%	$205,639	1,978	Held

Over time and by industry

Value over time

Jun '25

Dec '25

Jun '26

Value is up 37.9% since 30 June 2025.

Where the money is

Technology4.4%

Financial services3.6%

Health care2.6%

Retail & consumer1.1%

Media & telecom1.0%

Energy0.8%

Industrials0.7%

Everyday goods0.5%

Utilities0.1%

Other85.1%

From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.