  We propose a system for passive magnetic levitation and three-dimensional
harmonic trapping of soft ferromagnets. Our protocol utilizes the magnetic
field gradient for vertical trapping, and the finite size effect of the
Meissner effect for horizontal trapping. We provide numerical and analytical
estimations of possible mechanical dissipations to show that our system allows
high mechanical Q-factors above $ Q > 10^8 $, and quantum control of the
levitated object is within reach of current technologies. The utilization of
soft ferromagnet's internal collective spin excitation may allow quantum
mechanical phenomena with particles as large as the sub-millimeter-scale.
