UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 2000
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Northern Capital Management Co.
Address: 203 10th St. N.
Fargo, ND 58102
13F File Number:
The institutional investment manager filing this report and the person by
whom it is signed hereby represent that the person signing the report is
authorized to submit it, that all information contained herein is true,
correct and complete, and that it is understood that all required items,
statements, schedules, lists, and tables, are considered integral parts of
this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Mary Ann Christensen
Title: Assitant Vice President Operations
Phone: 701-277-2453
Signature, Place, and Date of Signing:
Mary Ann Christensen Fargo, North Dakota April 13, 2000
Report Type (check only one.):
[ X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager:
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934.
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FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 99
Form 13F Information Table Value Total: $277,299
List of Other Included Managers:
None
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3/31/00 <C> <C>
VALUE SHARES/ INVSTMT OTHER VOTING AUTHORITY
NAME TITLE
OF ISSUER OF CLASS CUSIP (x$1000) PRN AMT DSCRETN MANAGERS SOLE SHARED NONE
AT&T CORP COM 001957109 764 56.3125 13565 SH SOLE 0 3215 10350
ABERCROMBIE & FITCH CO CL A COM 002896207 1501 16.0000 93795 SH SOLE 0 93795
AETNA REAL ESTATE ASSOC. COM 008171100 612 10.7500 56935 SH SOLE 0 56935
ALPHARMA INC CL A COM 020002101 4397 36.7500 119640 SH SOLE 0 119640
AMERICA ONLINE INC DEL COM 02364J104 4517 67.4375 66982 SH SOLE 0 63982 3000
AMERICAN EXPRESS COM 025816109 447 148.9375 3000 SH SOLE 0 0 3000
AMERICAN HOME PRODUCTS CORP COM 26609107 6300 53.7500 117200 SH SOLE 0
116400 800
AMERICAN INTERNATIONAL GROUP COM 026874107 4635 109.5000 42331 SH SOLE 0
36644 5687
AMGEN INC COM 031162100 2441 61.3750 39777 SH SOLE 0 39777
ANADARKO PETE CORP COM 032511107 3482 38.6875 90000 SH SOLE 0 90000
ANHEUSER-BUSCH COMPANIES INC COM 035229103 3900 62.2500 62646 SH SOLE 0 62646
ASSOCIATES FIRST CAP CORP CL A COM 046008108 265 21.3750 12385 SH SOLE 0 285 12100
ATLANTIC RICHFIELD CO COM 048825103 9012 85.0000 106025 SH SOLE 0 104625 1400
BANK OF NEW YORK COMPANY INC COM 064057102 333 41.5625 8000 SH SOLE 0 0 8000
BANKAMERICA CORP. COM COM 060505104 5148 52.4375 98181 SH SOLE 0 95245 2936
BAXTER INTL INC COM COM 066050105 4341 62.6875 69244 SH SOLE 0 68844 400
BELL ATLANTIC CORPORATION COM 077853109 270 61.1250 4414 SH SOLE 0 2814 1600
BELLSOUTH CORPORATION COM 079860102 284 46.8750 6056 SH SOLE 0 4356 1700
BERGEN BRUNSWIG CORP CL A COM 083739102 2655 6.7500 393284 SH SOLE 0 391984 1300
BRISTOL MYERS SQUIBB CO COM COM 101137107 6112 58.0000 105380 SH SOLE 0
104580 800
BURLINGTON RESOURCES INC COM 122014103 6244 37.0000 168750 SH SOLE 0 168750
CMGI INC COM 125750109 215 113.3125 1900 SH SOLE 0 1900
CHAMPION TECHNOLOGIES COM 158675108 26 0.3210 80000 SH SOLE 0 80000
CHASE MANHATTAN CORP COM 16161A108 2964 87.1875 34000 SH SOLE 0 32600 1400
CISCO SYS INC COM 17275R102 10016 77.3125 129552 SH SOLE 0 117552 12000
CITIGROUP INC COM 172967101 10654 59.8750 177936 SH SOLE 0 174136 3800
COLDWATER CREEK INC COM 193068103 410 17.0000 24100 SH SOLE 0 24100
COLUMBIA/HCA HEALTHCARE CORP COM 197677107 1342 25.3125 53000 SH SOLE 0 53000
CONMED CORP. COM 207410101 1822 25.0625 72700 SH SOLE 0 72700
CONOCO INC CL B COM 208251405 2069 25.6250 80756 SH SOLE 0 78422 2334
COX COMMUNICATION INC CL A NEW COM COM 224044107 340 48.5000 7000 SH SOLE 0
0 7000
CROSS TIMBERS OIL CO COM 227573102 131 13.0625 10000 SH SOLE 0 10000
DELL COMPUTER CORP COM 247025109 325 53.9375 6025 SH SOLE 0 25 6000
DIAMOND OFFSHORE DRILLING INC COM 25271C102 1513 27.5000 55000 SH SOLE 0
55000
DISNEY WALT CO COM 254687106 6301 41.2500 152745 SH SOLE 0 151445 1300
E I DU PONT DE NEMOURS & CO COM 263534109 3859 52.9375 72891 SH SOLE 0 71782 1109
E M C CORP MASS COM 268648102 5355 126.0000 42500 SH SOLE 0 39500 3000
ELECTRONIC DATA SYS CORP COM 285661104 257 64.1875 4000 SH SOLE 0 4000
ENRON CORP COM 293561106 5669 74.8750 75715 SH SOLE 0 75715
EXXON CORP COM 302290101 917 77.9375 11768 SH SOLE 0 3757 8011
FANNIE MAE COM COM 313586109 4619 56.5625 81663 SH SOLE 0 75063 6600
FIRST DATA CORP COM 319963104 240 44.3750 5400 SH SOLE 0 0 5400
GAP INC COM 364760108 448 49.8125 9000 SH SOLE 0 0 9000
GENENTECH INC COM 368710406 2850 152.0000 18750 SH SOLE 0 18750
GENERAL ELECTRIC CO COM 369604103 10842 155.6250 69665 SH SOLE 0 66165 3500
GENESIS MICROCHIP INC COM 371933102 2 21.7500 94 SH SOLE 0 94
GILAT SATELLITE NETWORK LTD COM M51474100 1731 117.2500 14765 SH SOLE 0 14765
GUIDANT CORP COM 401698105 294 58.8750 5000 SH SOLE 0 0 5000
HSBC HOLDINGS PLC SPON ADR COM 404280406 3080 58.9375 52260 SH SOLE 0 52260
HEWLETT PACKARD COMPANY COM 428236103 5424 132.8750 40821 SH SOLE 0 40746 75
HOME DEPOT INC COM 437076102 708 64.5000 10980 SH SOLE 0 480 10500
HONEYWELL INTL INC COM 438516106 281 52.6875 5329 SH SOLE 0 329 5000
INGERSOLL-RAND COMPANY COM 456866102 5666 44.2500 128050 SH SOLE 0 128050
INTEL CORPORATION COM 458140100 9648 131.9375 73123 SH SOLE 0 67523 5600
INTERNATIONAL BUSINESS MACHINES CO COM 459200101 5754 118.0000 48762 SH SOLE
0 48637 125
INTIMATE BRANDS INC CL A COM 461156101 371 41.1875 9000 SH SOLE 0 0 9000
JOHNSON & JOHNSON COM COM 478160104 4094 70.2500 58280 SH SOLE 0 53280 5000
KIMBERLY-CLARK CORP COM 494368103 336 56.0625 6000 SH SOLE 0 0 6000
KRONOS INC COM COM 501052104 541 29.6250 18250 SH SOLE 0 18250
LOCKHEED MARTIN COM 539830109 2894 20.4375 141600 SH SOLE 0 140000 1600
LUCENT TECHNOLOGIES INC COM 549463107 270 61.2500 4414 SH SOLE 0 4114 300
MCI WORLDCOM INC COM COM 55268B106 11634 45.3125 256746 SH SOLE 0 248421 8325
MDU RESOURCES GROUP INC COM 552690109 3720 20.7500 179260 SH SOLE 0 179260
"MANITOWOC, INC." COM 563571108 1905 27.5000 69287 SH SOLE 0 69287
MASCO CORPORATION COM 574599106 232 20.5000 11300 SH SOLE 0 0 11300
MEDTRONIC INC. COM 585055106 854 51.4375 16608 SH SOLE 0 8608 8000
MERCK & CO COM 589331107 403 62.1250 6492 SH SOLE 0 892 5600
MICROSOFT CORP COM 594918104 6577 106.2500 61901 SH SOLE 0 56301 5600
MINEX RES INC COM 603470105 0 0.0010 150000 SH SOLE 0 150000
MORGAN STANLEY DEAN WITTER & CO COM 617446448 564 82.8750 6800 SH SOLE 0 0
6800
NCS HEALTHCARE INC CL A COM 628874109 54 1.8125 30000 SH SOLE 0 30000
NASDAQ GOLD TR UNIT SER 1 COM 631100104 2613 109.5000 23863 SH SOLE 0 23863
NOKIA CORP ADR COM 654902204 9587 222.0000 43184 SH SOLE 0 39184 4000
NORTH STAR INTL COM 662572106 0 0.0000 38600 SH SOLE 0 38600
ORACLE CORPORATION COM 68389X105 749 78.0625 9600 SH SOLE 0 1600 8000
PEPSICO INC COM COM 713448108 2145 34.8750 61504 SH SOLE 0 60404 1100
PFIZER INC COM 717081103 708 36.5625 19355 SH SOLE 0 4355 15000
PROCTOR & GAMBLE CO COM 742718109 216 56.5000 3820 SH SOLE 0 820 3000
RAYTHEON CO CL B COM 755111408 3543 17.7500 199590 SH SOLE 0 198590 1000
ROCKFORD TECHNOLOGY CORP COM 77340D108 0 0.0000 18000 SH SOLE 0 18000
ROYAL DUTCH PETROLEUM COM 780257804 289 57.8125 5000 SH SOLE 0 5000
SBC COMMUNICATIONS INC. COM 78387G103 5885 42.1250 139699 SH SOLE 0 136958 2741
SEI INVESTMENTS CO COM 784117103 1771 113.4375 15615 SH SOLE 0 15615
ST PAUL CAPITAL LLC CONV PFD PFD 792856205 896 59.7500 15000 SH SOLE 0 15000
SARA LEE CORP COM 803111103 256 18.0000 14200 SH SOLE 0 1200 13000
SCHLUMBERGER LIMITED COM 806857108 230 76.5000 3000 SH SOLE 0 0 3000
CHARLES SCHWAB CORP COM 808513105 363 56.8125 6392 SH SOLE 0 392 6000
SCIENTIFIC ATLANTA INC COM 808655104 316 63.2500 5000 SH SOLE 0 0 5000
SUN MICROSYSTEMS INC COM 866810104 213 93.7031 2268 SH SOLE 0 2268
TELLABS INC COM 879664100 6401 62.9844 101630 SH SOLE 0 101630
TESORO PETROLEUM CORP. COM 881609101 2472 11.5000 214925 SH SOLE 0 214925
TEXTRON COM 883203101 2935 60.8750 48216 SH SOLE 0 48216
TIME WARNER INC COM 887315109 6911 100.0000 69106 SH SOLE 0 68806 300
TOSCO CORP COM - NEW COM 891490302 3576 30.6250 116775 SH SOLE 0 115125 1650
TOTAL RENAL CARE HLDGS COM 89151A107 88 3.1250 28300 SH SOLE 0 28300
UNITED PARCEL SERVICE INC CL B COM 911312106 252 62.9880 4000 SH SOLE 0 0 4000
UNITED TECHNOLOGIES CORP COM 913017109 2543 63.1875 40240 SH SOLE 0 40240
UNIVERSAL HEALTH SVCS INC CL B COM 913903100 3007 49.0000 61375 SH SOLE 0
61375
WAL MART STORES INC COM 931142103 6140 56.5000 108673 SH SOLE 0 107273 1400
WELLS FARGO & CO COM 949746101 5318 40.7500 130500 SH SOLE 0 122100 8400
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