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Institutional Investment Manager
NORTHERN CAPITAL MANAGEMENT LLC
NORTHERN CAPITAL MANAGEMENT LLC (CIK: 0000312955) incorporated in Wisconsin, located at 8000 Excelsior Dr Suite 201, Madison, WI. Institutional holdings reported to the SEC.

Institutional Holdings (2015Q2)
Portfolio Summary: 135 holdings with a total value of $215,122,000.
#
Name
Shares
Value ($)
%
Options
Notes
51 FEDEX CORP 10,450 1,781,000 0.83%
52 CLAYMORE EXCHANGE TRD FD TR 38,590 1,770,000 0.82%
53 Market Vectors Agribusiness ET 29,565 1,630,000 0.76%
54 ISHARES TR 16,652 1,613,000 0.75%
55 NEWS CORP CL A 110,375 1,610,000 0.75%
56 GOLDMAN SACHS GROUP INC 7,200 1,503,000 0.70%
57 ISHARES RUSSELL 2000 VALUE ETF 14,666 1,494,000 0.69%
58 LYONDELLBASELL INDUSTRIES N 13,370 1,384,000 0.64%
59 UGI CORP NEW 38,272 1,318,000 0.61%
60 TEGNA INC 39,640 1,271,000 0.59%
61 UNILEVER PLC 29,395 1,263,000 0.59%
62 MICROCHIP TECHNOLOGY 26,150 1,240,000 0.58%
63 WYNDHAM WORLDWIDE CORP 14,700 1,204,000 0.56%
64 ARIAD PHARMACEUTICALS ORD (NMS) 140,870 1,165,000 0.54%
65 PEPSICO INC 12,418 1,159,000 0.54%
66 POWERSHARES ETF TRUST 45,618 1,138,000 0.53%
67 ISHARES TR 35,010 1,132,000 0.53%
68 GLOBAL X FDS 42,860 1,129,000 0.52%
69 Hewlett Packard Co 37,525 1,126,000 0.52%
70 VANGUARD INTL EQUITY INDEX F 20,610 1,113,000 0.52%
71 CALPINE CORP 58,900 1,060,000 0.49%
72 ISHARES TR 17,670 1,050,000 0.49%
73 KOHLS 16,485 1,032,000 0.48%
74 ISHARES TR 9,966 1,028,000 0.48%
75 HERCULES CAPITAL INC 88,515 1,022,000 0.48%
76 MARATHON PETE CORP 19,258 1,007,000 0.47%
77 CLAYMORE EXCHANGE TRD FD TR 20,020 1,005,000 0.47%
78 HCA HOLDINGS INC 10,695 970,000 0.45%
79 UNITEDHEALTH GROUP INC 7,375 900,000 0.42%
80 PARKER HANNIFIN CORP 7,590 883,000 0.41%
81 DIAGEO P L C 7,450 864,000 0.40%
82 STATE STR CORP 10,750 828,000 0.38%
83 MASTERCARD INCORPORATED 8,700 813,000 0.38%
84 MEDTRONIC PLC 10,924 809,000 0.38%
85 WELLS FARGO & CO NEW 14,340 806,000 0.37%
86 HEXCEL CORP NEW COM 15,910 791,000 0.37%
87 PRECISION CASTPARTS 3,925 784,000 0.36%
88 FLEX LTD 59,450 672,000 0.31%
89 WISDOMTREE TR 10,737 648,000 0.30%
90 SPDR SERIES TRUST 24,509 639,000 0.30%
91 DIREXION ALL CAP INSIDER SENTIMENT SHARES 8,890 630,000 0.29%
92 POWERSHARES GLOBAL AGRICULTURE PORTFOLIO 20,909 620,000 0.29%
93 ISHARES TR 17,720 620,000 0.29%
94 ISHARES TR 5,665 616,000 0.29%
95 VISA INC 9,135 613,000 0.28%
96 Welltower Inc. 8,835 580,000 0.27%
97 BIOMED REALTY TRUST INC 29,900 578,000 0.27%
98 WALGREENS BOOTS ALLIANCE INC 6,717 567,000 0.26%
99 CELGENE CORP 4,875 564,000 0.26%
100 CENTRAL FD CDA LTD 47,750 557,000 0.26%
Page 2 of 3

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0000312955-15-000006, filed 2015.08.11).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.