Next Capital Management LLC Top Holdings and 13F Report (2025) About Next Capital Management LLCInvestment ActivityNext Capital Management LLC has $208.47 million in total holdings as of March 31, 2025.Next Capital Management LLC owns shares of 118 different stocks, but just 39 companies or ETFs make up 80% of its holdings.Approximately 3.77% of the portfolio was purchased this quarter.About 16.69% of the portfolio was sold this quarter.This quarter, Next Capital Management LLC has purchased 140 new stocks and bought additional shares in 29 stocks.Next Capital Management LLC sold shares of 43 stocks and completely divested from 32 stocks this quarter.Largest Holdings iShares Core S&P 500 ETF $32,919,012Invesco QQQ $10,209,055Meta Platforms $9,574,973Apple $9,327,847iShares Core MSCI EAFE ETF $7,898,664 Largest New Holdings this Quarter 084670108 - Berkshire Hathaway $1,596,883 Holding808524102 - Schwab US Broad Market ETF $706,804 Holding46137V357 - Invesco S&P 500 Equal Weight ETF $278,866 Holding91324P102 - UnitedHealth Group $269,208 Holding464286806 - iShares MSCI Germany ETF $266,049 Holding Largest Purchases this Quarter Berkshire Hathaway 2 shares (about $1.60M)iShares Core S&P 500 ETF 1,353 shares (about $760.25K)Schwab US Broad Market ETF 32,829 shares (about $706.80K)Invesco NASDAQ 100 ETF 2,899 shares (about $559.53K)iShares Core S&P Mid-Cap ETF 8,554 shares (about $499.12K) Largest Sales this Quarter Golub Capital BDC 240,923 shares (about $3.65M)iShares Russell 1000 ETF 7,213 shares (about $2.21M)Meta Platforms 2,397 shares (about $1.38M)Health Care Select Sector SPDR Fund 7,845 shares (about $1.15M)Vanguard Total Stock Market ETF 3,831 shares (about $1.05M) Sector Allocation Over TimeMap of 500 Largest Holdings ofNext Capital Management LLC Selling Neutral Buying Latest 13F Holdings and Changes Since Previous Quarterly FilingIssuer NameHoldings ValueApproximate Purchase/SaleChange in SharesShares Held% of PortfolioSectorIVViShares Core S&P 500 ETF$32,919,012$760,253 ▲2.4%58,58515.8%ETFQQQInvesco QQQ$10,209,055$390,618 ▼-3.7%21,7714.9%FinanceMETAMeta Platforms$9,574,973$1,381,521 ▼-12.6%16,6134.6%Computer and TechnologyAAPLApple$9,327,847$567,094 ▼-5.7%41,9934.5%Computer and TechnologyIEFAiShares Core MSCI EAFE ETF$7,898,664$169,758 ▲2.2%104,4113.8%ETFAMZNAmazon.com$7,447,728$523,215 ▼-6.6%39,1453.6%Retail/WholesaleVTIVanguard Total Stock Market ETF$7,183,245$1,052,916 ▼-12.8%26,1363.4%ETFIWFiShares Russell 1000 Growth ETF$6,626,817$255,294 ▲4.0%18,3523.2%ETFGBDCGolub Capital BDC$5,192,308$3,647,574 ▼-41.3%342,9532.5%FinanceIVWiShares S&P 500 Growth ETF$4,335,240$37,689 ▲0.9%46,7012.1%ETFVOOVanguard S&P 500 ETF$4,131,953$27,238 ▼-0.7%8,0402.0%ETFIEMGiShares Core MSCI Emerging Markets ETF$3,999,496$271,685 ▲7.3%74,1061.9%ETFBRK.BBerkshire Hathaway$3,933,636$188,533 ▼-4.6%7,3861.9%FinanceIWDiShares Russell 1000 Value ETF$3,872,138$89,188 ▲2.4%20,5791.9%ETFIJHiShares Core S&P Mid-Cap ETF$3,764,775$499,123 ▲15.3%64,5211.8%ETFIJRiShares Core S&P Small-Cap ETF$3,646,645$171,598 ▲4.9%34,8731.7%ETFSPYSPDR S&P 500 ETF Trust$3,294,817$404,087 ▲14.0%5,8871.6%FinanceXLVHealth Care Select Sector SPDR Fund$3,205,578$1,145,423 ▼-26.3%21,9551.5%ETFSCHASchwab US Small-Cap ETF$2,781,466$81,630 ▼-2.9%118,7141.3%ETFSCHXSchwab US Large-Cap ETF$2,651,285$632,373 ▼-19.3%120,0761.3%ETFVIGVanguard Dividend Appreciation ETF$2,588,141$379,628 ▼-12.8%13,3421.2%ETFMFICMidCap Financial Investment$2,174,433$72,569 ▼-3.2%169,0851.0%FinanceKKRKKR & Co. Inc.$2,010,1110.0%17,3871.0%FinanceJPSTJPMorgan Ultra-Short Income ETF$1,982,201$233,504 ▼-10.5%39,1511.0%ETFVUGVanguard Growth ETF$1,814,850$524,356 ▼-22.4%4,8940.9%ETFWMTWalmart$1,808,452$197,788 ▼-9.9%20,6000.9%Retail/WholesaleIWBiShares Russell 1000 ETF$1,792,948$2,212,581 ▼-55.2%5,8450.9%ETFKWEBKraneShares CSI China Internet ETF$1,711,288$5,236 ▼-0.3%49,0200.8%ManufacturingBRK.ABerkshire Hathaway$1,596,883$1,596,883 ▲New Holding20.8%FinanceVOTVanguard Mid-Cap Growth ETF$1,573,035$652,210 ▼-29.3%6,4300.8%ETFXLFFinancial Select Sector SPDR Fund$1,551,736$64,006 ▲4.3%31,1530.7%ETFQQQMInvesco NASDAQ 100 ETF$1,510,678$559,532 ▲58.8%7,8270.7%ETFFNDXSchwab Fundamental U.S. Large Company Index ETF$1,502,200$255,695 ▲20.5%63,6260.7%ETFVGTVanguard Information Technology ETF$1,494,2570.0%2,7550.7%ETFMSFTMicrosoft$1,433,273$115,623 ▼-7.5%3,8180.7%Computer and TechnologyEEMiShares MSCI Emerging Markets ETF$1,432,005$249,745 ▼-14.9%32,7690.7%FinanceNVDANVIDIA$1,364,410$10,188 ▲0.8%12,5890.7%Computer and TechnologyKOCoca-Cola$1,263,807$716 ▼-0.1%17,6460.6%Consumer StaplesMCDMcDonald's$1,257,914$139,005 ▼-10.0%4,0270.6%Retail/WholesaleSCHWCharles Schwab$1,251,071$184,741 ▼-12.9%15,9820.6%FinanceIUSViShares Core S&P U.S. Value ETF$1,226,810$9,044 ▲0.7%13,2930.6%ManufacturingPMPhilip Morris International$1,165,396$48,254 ▲4.3%7,3420.6%Consumer StaplesVVVanguard Large-Cap ETF$1,154,065$4,627 ▲0.4%4,4900.6%ETFTFXTeleflex$1,088,937$351,970 ▼-24.4%7,8800.5%MedicalECLEcolab$1,072,390$160,478 ▼-13.0%4,2300.5%Basic MaterialsSCHDSchwab US Dividend Equity ETF$1,070,589$172,905 ▲19.3%38,2900.5%ETFSHYGiShares 0-5 Year High Yield Corporate Bond ETF$1,045,9920.0%24,6000.5%ETFVYMVanguard High Dividend Yield ETF$1,003,0510.0%7,7780.5%ETFIWPiShares Russell Mid-Cap Growth ETF$933,225$144,043 ▲18.3%7,9430.4%ETFIWMiShares Russell 2000 ETF$916,418$15,759 ▲1.7%4,5940.4%FinanceNFLXNetflix$879,376$494,241 ▼-36.0%9430.4%Consumer DiscretionaryAEPAmerican Electric Power$877,236$44,583 ▲5.4%8,0280.4%UtilitiesCBZCBIZ$834,4600.0%11,0000.4%Business ServicesXLKTechnology Select Sector SPDR Fund$787,5150.0%3,8140.4%ETFOKEONEOK$781,8540.0%7,8800.4%EnergyEFAiShares MSCI EAFE ETF$740,229$25,255 ▼-3.3%9,0570.4%FinanceLLYEli Lilly and Company$735,060$4,130 ▲0.6%8900.4%MedicalEMLPFirst Trust North American Energy Infrastructure Fund$725,2440.0%19,3450.3%ETFJPMJPMorgan Chase & Co.$713,712$186,399 ▼-20.7%2,9100.3%FinanceSCHBSchwab US Broad Market ETF$706,804$706,804 ▲New Holding32,8290.3%ETFXOMExxon Mobil$687,772$7,255 ▼-1.0%5,7830.3%EnergyHDHome Depot$679,472$138,900 ▼-17.0%1,8540.3%Retail/WholesaleVEAVanguard FTSE Developed Markets ETF$642,644$207,691 ▼-24.4%12,6430.3%ETFPHParker-Hannifin$629,1250.0%1,0350.3%IndustrialsGSThe Goldman Sachs Group$623,863$27,314 ▲4.6%1,1420.3%FinanceVWOVanguard FTSE Emerging Markets ETF$578,866$45 ▲0.0%12,7900.3%ETFOBDCBlue Owl Capital$577,0620.0%39,3630.3%FinanceGOOGAlphabet$574,770$653,510 ▼-53.2%3,6790.3%Computer and TechnologyPPGPPG Industries$569,0570.0%5,2040.3%Basic MaterialsACWXiShares MSCI ACWI ex U.S. ETF$552,2270.0%9,9590.3%ManufacturingBNBrookfield$550,305$1,782 ▼-0.3%10,5000.3%FinanceCSGSCSG Systems International$544,2300.0%9,0000.3%Computer and TechnologyGDXVanEck Gold Miners ETF$540,2390.0%11,7520.3%ETFBXBlackstone$532,618$3,355 ▲0.6%3,8100.3%FinanceEPDEnterprise Products Partners$487,963$10,242 ▲2.1%14,2930.2%EnergyQCOMQUALCOMM$478,6490.0%3,1160.2%Computer and TechnologySPOTSpotify Technology$473,0260.0%8600.2%Business ServicesCMCSAComcast$469,589$38,413 ▼-7.6%12,7260.2%Consumer DiscretionaryGOOGLAlphabet$468,095$317,785 ▼-40.4%3,0270.2%Computer and TechnologySLRCSLR Investment$463,9870.0%27,5200.2%FinanceJNJJohnson & Johnson$440,139$137,481 ▼-23.8%2,6540.2%MedicalVTVVanguard Value ETF$433,7500.0%2,5110.2%ETFNOCNorthrop Grumman$420,3600.0%8210.2%AerospaceTCPCBlackRock TCP Capital$407,3730.0%50,8580.2%FinanceMRKMerck & Co., Inc.$391,982$22,799 ▲6.2%4,3670.2%MedicalIWCiShares Micro-Cap ETF$346,3720.0%3,1230.2%ETFPFEPfizer$340,177$4,612 ▲1.4%13,4250.2%MedicalLIILennox International$329,2070.0%5870.2%ConstructionABBVAbbVie$328,946$184,168 ▼-35.9%1,5700.2%MedicalWVVIWillamette Valley Vineyards$325,5120.0%54,8000.2%Consumer StaplesPGProcter & Gamble$318,515$143,494 ▼-31.1%1,8690.2%Consumer StaplesSPHQInvesco S&P 500 Quality ETF$305,695$733,389 ▼-70.6%4,6080.1%ETFMAYSJ.W. Mays$280,0730.0%7,3260.1%FinanceRSPInvesco S&P 500 Equal Weight ETF$278,866$278,866 ▲New Holding1,6100.1%ETFWMBWilliams Companies$277,5850.0%4,6450.1%EnergyMOAltria Group$274,6520.0%4,5760.1%Consumer StaplesDBEFXtrackers MSCI EAFE Hedged Equity ETF$274,1320.0%6,3310.1%ETFVTVanguard Total World Stock ETF$274,0480.0%2,3630.1%ETFHONHoneywell International$271,464$50,820 ▲23.0%1,2820.1%Multi-Sector ConglomeratesIYEiShares U.S. Energy ETF$271,1500.0%5,5000.1%ETFShowing largest 100 holdings. View all holdings. More Institutional Buying and Selling Information SEC Filings and Trading Data SEC Filings 13F Filings Top 13F Buys Top 13F Sells Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
