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Portfolio (Quarterly) Guide ↗

NORTHLAND SECURITIES, INC.

· CIK 0001006938
13F Portfolio $105M AUM 108 positions Filed May 4, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 7 New 31 Added 37 Reduced 11 Exited
Page 2 of 6  ·  107 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 ZBH ZIMMER BIOMET HLDGS INC COM Healthcare 12,000.0 $1.1M 1.03% +6K +100.0% $90.17 -5.3%
22 COST COSTCO WHSL CORP NEW COM Consumer Defensive 1,060.0 $1.1M 1.01% -76.0 -6.7% $996.63 +5.4%
23 ITA ISHARES TR US AEROSPACE & DEFENSE ETF 4,706.0 $1.0M 0.98% +71.0 +1.5% $218.75 +2.0%
24 HACK AMPLIFY ETF TR AMPLIFY CYBERSECURITY ETF 13,421.0 $1.0M 0.96% -183.0 -1.4% $75.09 +23.5%
25 EFV ISHARES TR MSCI EAFE VALUE ETF 13,367.0 $994K 0.95% +919.0 +7.4% $74.35 +6.2%
26 AVGO BROADCOM INC COM Technology 3,200.0 $990K 0.94% $309.51 +33.9%
27 EMR EMERSON ELEC CO COM Industrials 7,500.0 $983K 0.94% $131.02 +3.0%
28 IUSB ISHARES TR CORE UNIVERSAL USD BD ETF 21,052.0 $972K 0.93% +4K +21.4% $46.19 -0.8%
29 IYW ISHARES TR U S TECHNOLOGY ETF 5,355.0 $972K 0.93% -62.0 -1.1% $181.42 +32.3%
30 XLF SELECT SECTOR SPDR TR STATE STREET FINL SELECT SECTOR SPDR ETF 19,504.0 $963K 0.92% -2K -9.4% $49.37 +4.8%
31 VTV VANGUARD INDEX FDS VANGUARD VALUE ETF 4,752.0 $932K 0.89% +977.0 +25.9% $196.20 +6.5%
32 COF CAPITAL ONE FINL CORP COM Financial Services 4,750.0 $867K 0.82% $182.43 +2.3%
33 MPC MARATHON PETE CORP COM Energy 3,501.0 $855K 0.81% -41.0 -1.2% $244.18 +1.7%
34 SPY STATE STR SPDR S&P 500 ETF TR TR UNIT Financial Services 1,197.0 $778K 0.74% -141.0 -10.5% $650.34 +14.2%
35 EFG ISHARES TR MSCI EAFE GROWTH ETF 6,743.0 $751K 0.71% -88.0 -1.3% $111.37 +9.0%
36 IEMG ISHARES INC CORE MSCI EMERGING MKTS ETF 10,224.0 $713K 0.68% +2K +19.8% $69.75 +15.5%
37 CSCO CISCO SYS INC COM Technology 8,396.0 $651K 0.62% -557.0 -6.2% $77.59 +52.3%
38 UNH UNITEDHEALTH GROUP INC COM Healthcare 2,240.0 $606K 0.58% -303.0 -11.9% $270.59 +41.7%
39 MSFT MICROSOFT CORP COM Technology 1,626.0 $602K 0.57% -107.0 -6.2% $370.17 +13.2%
40 OEF ISHARES TR S&P 100 ETF 1,833.0 $583K 0.56% +285.0 +18.4% $318.07 +16.4%
Page 2 of 6  ·  107 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 30.0%
Financial Services 21.9%
Industrials 10.7%
Consumer Cyclical 9.4%
Consumer Defensive 6.6%
Communication Services 6.3%
Healthcare 5.9%
Energy 4.1%
Utilities 2.7%
Basic Materials 2.3%