Northern Capital Management is an investment fund managing more than $121 billion ran by Michelle Warner. There are currently 31 companies in Mrs. Warner’s portfolio. The largest investments include Schwab Strategic Tr and Vanguard Index Fds, together worth $99.2 billion.
As of 5th August 2024, Northern Capital Management’s top holding is 977,728 shares of Schwab Strategic Tr currently worth over $85.6 billion and making up 70.5% of the portfolio value.
In addition, the fund holds 57,749 shares of Vanguard Index Fds worth $13.6 billion.
The third-largest holding is Microsoft worth $3.06 billion and the next is Johnson Johnson worth $2.97 billion, with 20,318 shares owned.
Currently, Northern Capital Management's portfolio is worth at least $121 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
The Northern Capital Management office and employees reside in Spokane, Washington. According to the last 13-F report filed with the SEC, Michelle Warner serves as the CEO/CCO at Northern Capital Management.
In the most recent 13F filing, Northern Capital Management revealed that it had opened a new position in
NVIDIA Corp and bought 6,372 shares worth $787 million.
This means they effectively own approximately 0.1% of the company.
NVIDIA Corp makes up
15.5%
of the fund's Technology sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Schwab Strategic Tr by buying
75,726 additional shares.
This makes their stake in Schwab Strategic Tr total 977,728 shares worth $85.6 billion.
On the other hand, there are companies that Northern Capital Management is getting rid of from its portfolio.
Northern Capital Management closed its position in Ishares Core Sp Small-cap Etf on 12th August 2024.
It sold the previously owned 57,917 shares for $5.46 billion.
Michelle Warner also disclosed a decreased stake in Johnson Johnson by approximately 0.1%.
This leaves the value of the investment at $2.97 billion and 20,318 shares.
The two most similar investment funds to Northern Capital Management are Hauser Brothers Gmbh and Silverhawk Asset Management. They manage $121 billion and $122 billion respectively.
Northern Capital Management’s portfolio is diversified across 8 sectors.
Currently, their heaviest sector is Technology — making up 4.2% of
the total portfolio value.
The fund focuses on investments in the United States as
48.4% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
52% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $598 billion.
These positions were updated on August 12th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Schwab Strategic Tr |
8.40%
977,728
|
$85,595,050,000 | 70.47% |
| Vanguard Index Fds |
248.22%
57,749
|
$13,626,872,000 | 11.22% |
| Ishares Core Sp Small-cap Etf |
Closed
57,917
|
$5,463,271,000 | |
| Microsoft Corporation |
10.92%
6,836
|
$3,055,274,000 | 2.52% |
| Spdr Sp 600 Small Cap Value Etf |
Closed
41,650
|
$3,014,226,000 | |
| Johnson Johnson |
1.14%
20,318
|
$2,969,700,000 | 2.44% |
| Apple Inc |
5.86%
13,289
|
$2,798,880,000 | 2.30% |
| Invesco Sp 500 Equal Weight Etf |
Closed
13,821
|
$1,958,315,000 | |
| First Intst Bancsystem Inc |
11.87%
50,728
|
$1,408,715,000 | 1.16% |
| Amazon.com Inc. |
44.96%
7,022
|
$1,357,002,000 | 1.12% |
| Spdr Dow Jones Indl Average |
0.03%
3,023
|
$1,182,386,000 | 0.97% |
| Costco Whsl Corp New |
26.12%
1,100
|
$935,038,000 | 0.77% |
| NVIDIA Corp |
Opened
6,372
|
$787,206,000 | 0.65% |
| Vanguard Index Fds |
Opened
1,349
|
$674,675,000 | 0.56% |
| Alphabet Inc |
64.87%
3,647
|
$668,958,000 | 0.55% |
| Chevron Corp. |
3.62%
3,857
|
$603,312,000 | 0.50% |
| NextEra Energy Inc |
3.83%
7,729
|
$547,290,000 | 0.45% |
| Aon plc. |
No change
1,688
|
$495,563,000 | 0.41% |
| Exxon Mobil Corp. |
15.69%
4,120
|
$474,331,000 | 0.39% |
| Home Depot, Inc. |
Closed
1,545
|
$466,861,000 | |
| Spdr Ser Tr |
Opened
7,951
|
$407,886,000 | 0.34% |
| Boeing Co. |
4.07%
2,098
|
$381,791,000 | 0.31% |
| Starbucks Corp. |
No change
4,359
|
$339,348,000 | 0.28% |
| Meta Platforms Inc |
Opened
647
|
$326,266,000 | 0.27% |
| Jpmorgan Chase Co. |
38.91%
1,385
|
$280,130,000 | 0.23% |
| Ishares Tr |
53.20%
3,880
|
$262,870,000 | 0.22% |
| Abbvie Inc |
4.50%
1,529
|
$262,301,000 | 0.22% |
| Alphabet Inc |
Opened
1,408
|
$256,469,000 | 0.21% |
| Vanguard Intl Equity Index F |
6.44%
4,248
|
$249,103,000 | 0.21% |
| Conocophillips |
Opened
2,101
|
$240,312,000 | 0.20% |
| Vanguard Mid-cap Value Etf |
Closed
1,801
|
$235,836,000 | |
| Wisdomtree Largecap Dividend Etf |
Closed
3,622
|
$222,717,000 | |
| Berkshire Hathaway Inc. |
Opened
544
|
$221,299,000 | 0.18% |
| Biogen Inc |
No change
947
|
$219,534,000 | 0.18% |
| Eli Lilly Co |
67.97%
238
|
$215,480,000 | 0.18% |
| Enterprise Prods Partners L |
Opened
7,377
|
$213,786,000 | 0.18% |
| Abbott Laboratories |
Closed
2,177
|
$210,827,000 | |
| Ishares Tr |
Opened
6,151
|
$408,965,000 | 0.34% |
| No transactions found | |||
| Showing first 500 out of 38 holdings | |||