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Northern Capital Management, Inc.

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13F filer, CIK 1581794, SPOKANE, WA

Northern Capital Management, Inc. reported $189,250,913 across 52 holdings for the quarter ended 2025-12-31, in a 13F-HR filed 2026-02-03. Its ten largest share positions make up 88.1% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001581794-26-000002

Period
2025-12-31
Reported value
$189M
Holdings
52
Top 10 weight
88.1%
New
6
Sold out
0

Largest buys vs the previous quarter

SecurityShares changeApprox. value
SPYVadded+18,881$1.07M
VVadded+2,498$786K
MSFTadded+833$403K
Vnew+1,003$352K
LLYnew+238$256K

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

SecurityShares changeApprox. value
SCHGreduced-38,455-$1.25M
SCHVreduced-29,573-$876K
QQQreduced-851-$523K
SCHMreduced-9,057-$272K
NEEreduced-3,286-$264K

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q4 2025

Share positions as resolved from 13F-HR 0001581794-26-000002, largest first. % of portfolio is the value over $189,250,913, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
SCHGSCHWAB STRATEGIC TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 483,535 shares; 2024Q4: 1,913,968 shares; 2025Q1: 1,839,298 shares; 2025Q2: 1,806,661 shares; 2025Q3: 1,781,828 shares; 2025Q4: 1,743,373 shares 1,743,373$56.9M30.05%-38,455Timeline
QQQINVESCO QQQ TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 59,095 shares; 2024Q4: 59,204 shares; 2025Q1: 58,667 shares; 2025Q2: 57,800 shares; 2025Q3: 57,977 shares; 2025Q4: 57,126 shares 57,126$35.1M18.54%-851Timeline
SCHVSCHWAB STRATEGIC TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 398,056 shares; 2024Q4: 1,196,755 shares; 2025Q1: 1,175,952 shares; 2025Q2: 1,148,887 shares; 2025Q3: 1,140,364 shares; 2025Q4: 1,110,791 shares 1,110,791$32.9M17.38%-29,573Timeline
VVVANGUARD INDEX FDSQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 47,831 shares; 2024Q4: 51,666 shares; 2025Q1: 51,859 shares; 2025Q2: 53,310 shares; 2025Q3: 55,372 shares; 2025Q4: 57,870 shares 57,870$18.2M9.63%+2,498Timeline
GBCIGLACIER BANCORP INC NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 123,439 shares; 2025Q4: 123,439 shares 123,439$5.44M2.87%0Timeline
SPYVSPDR SERIES TRUSTQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 11,248 shares; 2025Q2: 24,844 shares; 2025Q3: 65,237 shares; 2025Q4: 84,118 shares 84,118$4.78M2.53%+18,881Timeline
JNJJOHNSON & JOHNSONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 20,202 shares; 2024Q4: 20,188 shares; 2025Q1: 19,988 shares; 2025Q2: 19,988 shares; 2025Q3: 19,988 shares; 2025Q4: 19,989 shares 19,989$4.14M2.19%+1Timeline
MSFTMICROSOFT CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 6,922 shares; 2024Q4: 6,728 shares; 2025Q1: 7,004 shares; 2025Q2: 7,015 shares; 2025Q3: 6,932 shares; 2025Q4: 7,765 shares 7,765$3.76M1.98%+833Timeline
AAPLAPPLE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 13,290 shares; 2024Q4: 13,198 shares; 2025Q1: 13,341 shares; 2025Q2: 13,711 shares; 2025Q3: 13,651 shares; 2025Q4: 13,798 shares 13,798$3.75M1.98%+147Timeline
FIBKFIRST INTST BANCSYSTEM INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 51,003 shares; 2024Q4: 51,247 shares; 2025Q1: 51,502 shares; 2025Q2: 51,821 shares; 2025Q3: 51,825 shares; 2025Q4: 52,100 shares 52,100$1.8M0.95%+275Timeline
AMZNAMAZON COM INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 7,308 shares; 2024Q4: 7,353 shares; 2025Q1: 7,373 shares; 2025Q2: 7,384 shares; 2025Q3: 7,406 shares; 2025Q4: 7,580 shares 7,580$1.75M0.92%+174Timeline
DIASTATE STR SPDR DOW JONES INDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,023 shares; 2024Q4: 3,023 shares; 2025Q1: 3,023 shares; 2025Q2: 3,023 shares; 2025Q3: 3,023 shares; 2025Q4: 3,023 shares 3,023$1.45M0.77%0Timeline
NVDANVIDIA CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 6,372 shares; 2024Q4: 6,517 shares; 2025Q1: 6,404 shares; 2025Q2: 6,055 shares; 2025Q3: 6,054 shares; 2025Q4: 7,054 shares 7,054$1.32M0.7%+1,000Timeline
GOOGALPHABET INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,647 shares; 2024Q4: 3,647 shares; 2025Q1: 3,648 shares; 2025Q2: 3,857 shares; 2025Q3: 3,991 shares; 2025Q4: 4,023 shares 4,023$1.26M0.67%+32Timeline
VOOVANGUARD INDEX FDSQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,247 shares; 2024Q4: 1,273 shares; 2025Q1: 1,452 shares; 2025Q2: 1,654 shares; 2025Q3: 1,679 shares; 2025Q4: 1,703 shares 1,703$1.07M0.56%+24Timeline
SCHBSCHWAB STRATEGIC TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 12,418 shares; 2024Q4: 37,306 shares; 2025Q1: 37,686 shares; 2025Q2: 38,475 shares; 2025Q3: 39,900 shares; 2025Q4: 40,395 shares 40,395$1.06M0.56%+495Timeline
COSTCOSTCO WHOLESALE CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,101 shares; 2024Q4: 1,103 shares; 2025Q1: 1,133 shares; 2025Q2: 1,134 shares; 2025Q3: 1,135 shares; 2025Q4: 1,176 shares 1,176$1.01M0.54%+41Timeline
VTIVANGUARD INDEX FDSQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,593 shares; 2024Q4: 1,596 shares; 2025Q1: 3,365 shares; 2025Q2: 3,093 shares; 2025Q3: 2,994 shares; 2025Q4: 2,894 shares 2,894$970K0.51%-100Timeline
SCHMSCHWAB STRATEGIC TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 75,423 shares; 2024Q4: 221,628 shares; 2025Q1: 213,298 shares; 2025Q2: 208,079 shares; 2025Q3: 37,573 shares; 2025Q4: 28,516 shares 28,516$857K0.45%-9,057Timeline
BRK-BBERKSHIRE HATHAWAY INC DELQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,771 shares; 2024Q4: 1,656 shares; 2025Q1: 1,656 shares; 2025Q2: 1,703 shares; 2025Q3: 1,686 shares; 2025Q4: 1,677 shares 1,677$843K0.45%-9Timeline
AONAON PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,688 shares; 2024Q4: 1,688 shares; 2025Q1: 1,688 shares; 2025Q2: 1,688 shares; 2025Q3: 1,688 shares; 2025Q4: 1,688 shares 1,688$596K0.31%0Timeline
CVXCHEVRON CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,825 shares; 2024Q4: 3,825 shares; 2025Q1: 3,825 shares; 2025Q2: 3,810 shares; 2025Q3: 3,832 shares; 2025Q4: 3,822 shares 3,822$582K0.31%-10Timeline
GOOGLALPHABET INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,753 shares; 2024Q4: 1,408 shares; 2025Q1: 1,408 shares; 2025Q2: 1,410 shares; 2025Q3: 1,715 shares; 2025Q4: 1,715 shares 1,715$537K0.28%0Timeline
VEUVANGUARD INTL EQUITY INDEX FQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 4,248 shares; 2024Q4: 4,248 shares; 2025Q1: 7,148 shares; 2025Q2: 7,148 shares; 2025Q3: 7,148 shares; 2025Q4: 7,148 shares 7,148$526K0.28%0Timeline
XOMEXXON MOBIL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 4,335 shares; 2024Q4: 4,092 shares; 2025Q1: 4,098 shares; 2025Q2: 4,085 shares; 2025Q3: 4,121 shares; 2025Q4: 4,127 shares 4,127$497K0.26%+6Timeline
JPMJPMORGAN CHASE & COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,565 shares; 2024Q4: 1,385 shares; 2025Q1: 1,385 shares; 2025Q2: 1,391 shares; 2025Q3: 1,407 shares; 2025Q4: 1,404 shares 1,404$452K0.24%-3Timeline
METAMETA PLATFORMS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 647 shares; 2024Q4: 647 shares; 2025Q1: 654 shares; 2025Q2: 655 shares; 2025Q3: 662 shares; 2025Q4: 662 shares 662$437K0.23%0Timeline
VNQVANGUARD INDEX FDSQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 4,623 shares; 2024Q4: 4,623 shares; 2025Q1: 4,788 shares; 2025Q2: 4,788 shares; 2025Q3: 4,788 shares; 2025Q4: 4,788 shares 4,788$424K0.22%0Timeline
CEFSPROTT ASSET MANAGEMENT LPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 8,380 shares; 2024Q4: not reported; 2025Q1: 8,380 shares; 2025Q2: 8,380 shares; 2025Q3: 8,380 shares; 2025Q4: 8,380 shares 8,380$384K0.2%0Timeline
ABBVABBVIE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,486 shares; 2024Q4: 1,372 shares; 2025Q1: 1,372 shares; 2025Q2: 1,372 shares; 2025Q3: 1,372 shares; 2025Q4: 1,673 shares 1,673$382K0.2%+301Timeline
BABOEING COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,875 shares; 2024Q4: 1,759 shares; 2025Q1: 1,759 shares; 2025Q2: 1,694 shares; 2025Q3: 1,609 shares; 2025Q4: 1,759 shares 1,759$382K0.2%+150Timeline
SBUXSTARBUCKS CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 4,359 shares; 2024Q4: 4,359 shares; 2025Q1: 4,127 shares; 2025Q2: 4,127 shares; 2025Q3: 4,162 shares; 2025Q4: 4,447 shares 4,447$374K0.2%+285Timeline
AVGOBROADCOM INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 802 shares; 2025Q3: 803 shares; 2025Q4: 1,050 shares 1,050$363K0.19%+247Timeline
NEENEXTERA ENERGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 7,729 shares; 2024Q4: 7,729 shares; 2025Q1: 7,729 shares; 2025Q2: 7,729 shares; 2025Q3: 7,729 shares; 2025Q4: 4,443 shares 4,443$357K0.19%-3,286Timeline
VVISA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 1,003 shares 1,003$352K0.19%newTimeline
IBMINTERNATIONAL BUSINESS MACHSQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,341 shares; 2024Q4: 1,156 shares; 2025Q1: 1,157 shares; 2025Q2: 1,160 shares; 2025Q3: 1,162 shares; 2025Q4: 1,161 shares 1,161$344K0.18%-1Timeline
CMICUMMINS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 611 shares; 2025Q1: not reported; 2025Q2: 611 shares; 2025Q3: 612 shares; 2025Q4: 612 shares 612$312K0.17%0Timeline
IMCGISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,880 shares; 2024Q4: 3,880 shares; 2025Q1: 3,880 shares; 2025Q2: 3,880 shares; 2025Q3: 3,880 shares; 2025Q4: 3,880 shares 3,880$310K0.16%0Timeline
WFCWELLS FARGO & COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 3,084 shares; 2025Q1: 3,084 shares; 2025Q2: 3,090 shares; 2025Q3: 3,090 shares; 2025Q4: 3,084 shares 3,084$287K0.15%-6Timeline
GLDSPDR GOLD TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 680 shares; 2025Q3: 680 shares; 2025Q4: 693 shares 693$275K0.15%+13Timeline
USXFISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 4,455 shares; 2024Q4: 4,455 shares; 2025Q1: 4,455 shares; 2025Q2: 4,455 shares; 2025Q3: 4,455 shares; 2025Q4: 4,455 shares 4,455$257K0.14%0Timeline
LLYELI LILLY & COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 238 shares; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 238 shares 238$256K0.14%newTimeline
ITOTISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,696 shares; 2024Q4: 1,696 shares; 2025Q1: 1,696 shares; 2025Q2: 1,696 shares; 2025Q3: 1,696 shares; 2025Q4: 1,696 shares 1,696$252K0.13%0Timeline
SMHVANECK ETF TRUSTQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 682 shares; 2025Q4: 682 shares 682$246K0.13%0Timeline
EPDENTERPRISE PRODS PARTNERS LQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 8,486 shares; 2024Q4: 7,409 shares; 2025Q1: 7,424 shares; 2025Q2: 7,440 shares; 2025Q3: 7,457 shares; 2025Q4: 7,473 shares 7,473$240K0.13%+16Timeline
DLNWISDOMTREE TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,714 shares; 2024Q4: 2,714 shares; 2025Q1: 2,714 shares; 2025Q2: 2,714 shares; 2025Q3: 2,714 shares; 2025Q4: 2,714 shares 2,714$239K0.13%0Timeline
CATCATERPILLAR INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 406 shares 406$233K0.12%newTimeline
TQQQPROSHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 2,118 shares; 2025Q4: 4,236 shares 4,236$223K0.12%+2,118Timeline
ASMLASML HLDG NVQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 192 shares 192$205K0.11%newTimeline
UNHUNITEDHEALTH GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 615 shares 615$203K0.11%newTimeline
VOVANGUARD INDEX FDSQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 7,120 shares; 2024Q4: 7,670 shares; 2025Q1: 8,346 shares; 2025Q2: 8,661 shares; 2025Q3: 757 shares; 2025Q4: 691 shares 691$201K0.11%-66Timeline
MUMICRON TECHNOLOGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 702 shares 702$200K0.11%newTimeline

How Q4 2025 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0001581794-26-000002 base2026-02-03acceptance time not in the bulk data set