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Portfolio (Quarterly) Guide ↗

NORTHLAND SECURITIES, INC.

· CIK 0001006938
13F Portfolio $104M AUM Filed Jan 23, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 111 New
Page 5 of 6  ·  111 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
81 SPTI SPDR SER TR STATE STR SPDR PORT INTER TERM TREAS ETF 9,517.0 $274K 0.26% NEW $28.84 -2.0%
82 DBC INVESCO DB COMMODITY INDEX TRACKING FD UNIT Financial Services 12,029.0 $269K 0.26% NEW $22.36 +37.3%
83 JPEF J P MORGAN EXCHANGE-TRADED FD TR EQUITY FOCUS ETF 3,392.0 $253K 0.24% NEW $74.69 +6.7%
84 IWM ISHARES TR RUSSELL 2000 ETF 1,014.0 $250K 0.24% NEW $246.16 +14.8%
85 FTC FIRST TR LARGE CAP GROWTH ALPHADEX FD COM SHS 1,560.0 $249K 0.24% NEW $159.88 +11.0%
86 BAC BANK AMER CORP COM Financial Services 4,425.0 $243K 0.23% NEW $55.00 -6.4%
87 VB VANGUARD INDEX FDS VANGUARD SMALL-CAP ETF 933.0 $241K 0.23% NEW $257.95 +11.0%
88 BP BP PLC SPONS ADR Energy 6,858.0 $238K 0.23% NEW $34.73 +29.2%
89 HYDB ISHARES TR HIGH YIELD SYSTEMATIC BD ETF 4,990.0 $236K 0.23% NEW $47.35 -1.2%
90 CTVA CORTEVA INC COM Basic Materials 3,475.0 $233K 0.22% NEW $67.03 +17.9%
91 RSP INVESCO EXCHANGE-TRADED FD TR S&P 500 EQUAL WEIGHT ETF 1,213.0 $232K 0.22% NEW $191.56 +6.9%
92 MBB ISHARES TR MBS ETF 2,423.0 $231K 0.22% NEW $95.22 -1.4%
93 OKTA OKTA INC CL A Technology 2,667.0 $231K 0.22% NEW $86.47 +3.4%
94 ATI ATI INC COM Industrials 2,000.0 $230K 0.22% NEW $114.76 +39.8%
95 EMXC ISHARES INC MSCI EMERGING MKTS EX CHINA ETF 3,146.0 $229K 0.22% NEW $72.68 +31.5%
96 EFA ISHARES TR MSCI EAFE ETF 2,364.0 $227K 0.22% NEW $96.03 +8.5%
97 HD HOME DEPOT INC COM Consumer Cyclical 658.0 $226K 0.22% NEW $344.10 -8.8%
98 CEG CONSTELLATION ENERGY CORP COM Utilities 634.0 $224K 0.21% NEW $353.27 -19.1%
99 GE GENERAL ELEC CO COM NEW Industrials 725.0 $223K 0.21% NEW $308.03 -2.0%
100 JNJ JOHNSON & JOHNSON COM Healthcare 1,056.0 $219K 0.21% NEW $206.95 +12.0%
Page 5 of 6  ·  111 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 32.6%
Financial Services 22.2%
Consumer Cyclical 11.0%
Industrials 7.7%
Healthcare 7.6%
Communication Services 6.4%
Consumer Defensive 5.2%
Energy 2.8%
Utilities 2.5%
Basic Materials 2.0%