Northland Capital Management LLC Q2 2025 Filing

Filed July 14, 2025

Portfolio Value

$162.4B

Holdings

Report Date

Q2 2025

Filing Type

13F-HR

All Holdings (31 positions)

#	Stock	Shares	Value	% Portfolio
1	GNMAISHARES TR	757,948	$33.3B	20.51%
2	VTIVANGUARD INDEX FDS	56,060	$17.0B	10.49%
3	AVLVAMERICAN CENTY ETF TR	221,117	$15.1B	9.29%
4	FNDXSCHWAB STRATEGIC TR	486,793	$11.9B	7.35%
5	STIPISHARES TR	105,705	$10.9B	6.70%
6	JAAAJANUS DETROIT STR TR	142,599	$7.2B	4.46%
7	VEAVANGUARD TAX-MANAGED FDS	110,686	$6.3B	3.88%
8	AVIVAMERICAN CENTY ETF TR	98,318	$6.1B	3.77%
9	AVSUAMERICAN CENTY ETF TR	70,740	$4.9B	2.99%
10	DFSUDIMENSIONAL ETF TRUST	122,529	$4.8B	2.96%
11	FNDFSCHWAB STRATEGIC TR	119,162	$4.8B	2.94%
12	SUSBISHARES TR	185,722	$4.7B	2.88%
13	AVUVAMERICAN CENTY ETF TR	50,916	$4.6B	2.86%
14	PCMMBONDBLOXX ETF TRUST	84,694	$4.3B	2.63%
15	AVESAMERICAN CENTY ETF TR	63,449	$3.4B	2.09%
16	PCLOVIRTUS ETF TR II	114,122	$2.8B	1.75%
17	FNDASCHWAB STRATEGIC TR	98,351	$2.8B	1.73%
18	VWOVANGUARD INTL EQUITY INDEX F	55,498	$2.7B	1.69%
19	FNDESCHWAB STRATEGIC TR	74,839	$2.5B	1.52%
20	ESGVVANGUARD WORLD FD	18,453	$2.0B	1.25%
21	DFSIDIMENSIONAL ETF TRUST	44,403	$1.7B	1.08%
22	AVSDAMERICAN CENTY ETF TR	24,879	$1.7B	1.03%
23	VSGXVANGUARD WORLD FD	21,551	$1.4B	0.87%
24	AVDVAMERICAN CENTY ETF TR	15,688	$1.2B	0.77%
25	AVSEAMERICAN CENTY ETF TR	14,027	$822.4M	0.51%
26	DFSEDIMENSIONAL ETF TRUST	21,400	$814.5M	0.50%
27	FNDCSCHWAB STRATEGIC TR	18,938	$796.3M	0.49%
28	ESMLISHARES TR	17,154	$709.0M	0.44%
29	MUBISHARES TR	3,440	$359.4M	0.22%
30	SGOVISHARES TR	3,420	$344.4M	0.21%
31	VTEBVANGUARD MUN BD FDS	5,360	$262.8M	0.16%