Q1 2025 · 13F-HR
Next Capital Management LLCholdings as filed
Filed 2025-05-06 · accession 0001437749-25-014677
$208.5M
Reported value
118
Positions
2025-03-31
Period end
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 464287200 | IVV | ISHARES CORE S&P 500 ETF | $32.9M | 15.8% | 58,585 | Common | NONE |
| 46090E103 | QQQ | INVESCO QQQ TRUST | $10.2M | 4.90% | 21,771 | Common | NONE |
| 30303M102 | META | META PLATFORMS INC CLASS A | $9.6M | 4.59% | 16,613 | Common | NONE |
| 037833100 | AAPL | APPLE INC | $9.3M | 4.47% | 41,993 | Common | NONE |
| 46432F842 | IEFA | ISHARES CORE MSCI EAFE ETF | $7.9M | 3.79% | 104,411 | Common | NONE |
| 023135106 | AMZN | AMAZON.COM INC | $7.4M | 3.57% | 39,145 | Common | NONE |
| 922908769 | VTI | VANGUARD TOTAL STOCK MARKET ETF | $7.2M | 3.45% | 26,136 | Common | NONE |
| 464287614 | IWF | ISHARES RUSSELL 1000 GROWTH ETF | $6.6M | 3.18% | 18,352 | Common | NONE |
| 38173M102 | GBDC | GOLUB CAP BDC INC | $5.2M | 2.49% | 342,953 | Common | NONE |
| 464287309 | IVW | ISHARES S&P 500 GROWTH ETF | $4.3M | 2.08% | 46,701 | Common | NONE |
| 922908363 | VOO | VANGUARD S&P 500 ETF | $4.1M | 1.98% | 8,040 | Common | NONE |
| 46434G103 | IEMG | ISHARES CORE MSCI EMERGING ETF | $4.0M | 1.92% | 74,106 | Common | NONE |
| 084670702 | BRK/B | BERKSHIRE HATHAWAY CLASS B | $3.9M | 1.89% | 7,386 | Common | NONE |
| 464287598 | IWD | ISHARES RUSSELL 1000 VALUE ETF | $3.9M | 1.86% | 20,579 | Common | NONE |
| 464287507 | IJH | ISHARES CORE S&P MID CAPETF | $3.8M | 1.81% | 64,521 | Common | NONE |
| 464287804 | IJR | ISHARES CORE S&P SMALL CAP ETF | $3.6M | 1.75% | 34,873 | Common | NONE |
| 78462F103 | SPY | SPDR S&P 500 ETF | $3.3M | 1.58% | 5,887 | Common | NONE |
| 81369Y209 | XLV | SELECT SECTOR HEALTH CARE SPDR ETF | $3.2M | 1.54% | 21,955 | Common | NONE |
| 808524607 | SCHA | SCHWAB US SMALL CAP ETF | $2.8M | 1.33% | 118,714 | Common | NONE |
| 808524201 | SCHX | SCHWAB US LARGE CAP ETF | $2.7M | 1.27% | 120,076 | Common | NONE |
| 921908844 | VIG | VANGUARD DIVIDEND APPRECIATION ETF | $2.6M | 1.24% | 13,342 | Common | NONE |
| 03761U502 | MFIC | MIDCAP FINL INVESTME | $2.2M | 1.04% | 169,085 | Common | NONE |
| 48251W104 | KKR | KKR & CO INC | $2.0M | 0.96% | 17,387 | Common | NONE |
| 46641Q837 | JPST | JPMORGAN ULTRA SHORT INCOME ETF | $2.0M | 0.95% | 39,151 | Common | NONE |
| 922908736 | VUG | VANGUARD GROWTH ETF | $1.8M | 0.87% | 4,894 | Common | NONE |
| 931142103 | WMT | WALMART INC | $1.8M | 0.87% | 20,600 | Common | NONE |
| 464287622 | IWB | ISHARES RUSSELL 1000 ETF | $1.8M | 0.86% | 5,845 | Common | NONE |
| 500767306 | KWEB | KRANESHARES CSI CHINA INTERNET ETF | $1.7M | 0.82% | 49,020 | Common | NONE |
| 084670108 | BRK/A | BERKSHIRE HATHAWAY INC DCLASS A | $1.6M | 0.77% | 2 | Common | NONE |
| 922908538 | VOT | VANGUARD MID CAP GROWTH ETF | $1.6M | 0.75% | 6,430 | Common | NONE |
| 81369Y605 | XLF | SELECT STR FINANCIAL SELECT SPDR ETF | $1.6M | 0.74% | 31,153 | Common | NONE |
| 46138G649 | QQQM | INVESCO NASDAQ 100 ETF | $1.5M | 0.72% | 7,827 | Common | NONE |
| 808524771 | FNDX | SCHWAB FUNDMNTL US LARGECOM ETF | $1.5M | 0.72% | 63,626 | Common | NONE |
| 92204A702 | VGT | VANGUARD INFORMATION TECHNOLOGY ETF | $1.5M | 0.72% | 2,755 | Common | NONE |
| 594918104 | MSFT | MICROSOFT CORP | $1.4M | 0.69% | 3,818 | Common | NONE |
| 464287234 | EEM | ISHARES MSCI EMERGING MARKETS ETF | $1.4M | 0.69% | 32,769 | Common | NONE |
| 67066G104 | NVDA | NVIDIA CORP | $1.4M | 0.65% | 12,589 | Common | NONE |
| 191216100 | KO | THE COCA-COLA CO | $1.3M | 0.61% | 17,646 | Common | NONE |
| 580135101 | MCD | MCDONALDS CORP | $1.3M | 0.60% | 4,027 | Common | NONE |
| 808513105 | SCHW | CHARLES SCHWAB CORP | $1.3M | 0.60% | 15,982 | Common | NONE |
| 464287663 | IUSV | ISHARES CORE S&P US VALUE ETF | $1.2M | 0.59% | 13,293 | Common | NONE |
| 718172109 | PM | PHILIP MORRIS INTL INC | $1.2M | 0.56% | 7,342 | Common | NONE |
| 922908637 | VV | VANGUARD LARGE CAP ETF | $1.2M | 0.55% | 4,490 | Common | NONE |
| 879369106 | TFX | TELEFLEX INC | $1.1M | 0.52% | 7,880 | Common | NONE |
| 278865100 | ECL | ECOLAB INC | $1.1M | 0.51% | 4,230 | Common | NONE |
| 808524797 | SCHD | SCHWAB US DIVIDEND EQUITY ETF | $1.1M | 0.51% | 38,290 | Common | NONE |
| 46434V407 | SHYG | ISHARES HIGH YIELD CORPORAT BOND ETF | $1.0M | 0.50% | 24,600 | Common | NONE |
| 921946406 | VYM | VANGUARD HIGH DIVIDEND YIELD ETF | $1.0M | 0.48% | 7,778 | Common | NONE |
| 464287481 | IWP | ISHARES RUSSELL MID CAP GROWTH ETF | $933,225 | 0.45% | 7,943 | Common | NONE |
| 464287655 | IWM | ISHARES RUSSELL 2000 ETF | $916,418 | 0.44% | 4,594 | Common | NONE |
| 64110L106 | NFLX | NETFLIX INC | $879,376 | 0.42% | 943 | Common | NONE |
| 025537101 | AEP | AMERICAN ELEC PWR CO INC | $877,236 | 0.42% | 8,028 | Common | NONE |
| 124805102 | CBZ | CBIZ INC | $834,460 | 0.40% | 11,000 | Common | NONE |
| 81369Y803 | XLK | TECHNOLOGY SELECT SECTORSPDR ETF | $787,515 | 0.38% | 3,814 | Common | NONE |
| 682680103 | OKE | ONEOK INC NEW | $781,854 | 0.38% | 7,880 | Common | NONE |
| 464287465 | EFA | ISHARES MSCI EAFE ETF | $740,229 | 0.36% | 9,057 | Common | NONE |
| 532457108 | LLY | ELI LILLY AND CO | $735,060 | 0.35% | 890 | Common | NONE |
| 33738D101 | EMLP | FIRST TRUST NORTH AMERICAN ENERG ETF | $725,244 | 0.35% | 19,345 | Common | NONE |
| 46625H100 | JPM | JPMORGAN CHASE & CO | $713,712 | 0.34% | 2,910 | Common | NONE |
| 808524102 | SCHB | SCHWAB US BROAD MARKET ETF | $706,804 | 0.34% | 32,829 | Common | NONE |
| 30231G102 | XOM | EXXON MOBIL CORP | $687,772 | 0.33% | 5,783 | Common | NONE |
| 437076102 | HD | HOME DEPOT INC | $679,472 | 0.33% | 1,854 | Common | NONE |
| 921943858 | VEA | VANGUARD FTSE DEVELOPED MARKETS ETF | $642,644 | 0.31% | 12,643 | Common | NONE |
| 701094104 | PH | PARKER-HANNIFIN CORP | $629,125 | 0.30% | 1,035 | Common | NONE |
| 38141G104 | GS | GOLDMAN SACHS GROUP INC | $623,863 | 0.30% | 1,142 | Common | NONE |
| 922042858 | VWO | VANGUARD FTSE EMERGING MARKETS ETF | $578,866 | 0.28% | 12,790 | Common | NONE |
| 69121K104 | OBDC | BLUE OWL CAP CORP | $577,062 | 0.28% | 39,363 | Common | NONE |
| 02079K107 | GOOG | ALPHABET INC CLASS C | $574,770 | 0.28% | 3,679 | Common | NONE |
| 693506107 | PPG | PPG INDS INC | $569,057 | 0.27% | 5,204 | Common | NONE |
| 464288240 | ACWX | ISHARES MSCI ACWI EX US ETF | $552,227 | 0.26% | 9,959 | Common | NONE |
| 11271J107 | BN | BROOKFIELD CORP FCLASS A | $550,305 | 0.26% | 10,500 | Common | NONE |
| 126349109 | CSN | CSG SYS INTL INC | $544,230 | 0.26% | 9,000 | Common | NONE |
| 92189F106 | GDX | VANECK GOLD MINERS ETF | $540,239 | 0.26% | 11,752 | Common | NONE |
| 09260D107 | BX | BLACKSTONE INC | $532,618 | 0.26% | 3,810 | Common | NONE |
| 293792107 | EPD | ENTERPRISE PRODS PART LP | $487,963 | 0.23% | 14,293 | Common | NONE |
| 747525103 | QCOM | QUALCOMM INC | $478,649 | 0.23% | 3,116 | Common | NONE |
| L8681T102 | SPOT | SPOTIFY TECHNOLOGY S A F | $473,026 | 0.23% | 860 | Common | NONE |
| 20030N101 | CMCSA | COMCAST CORP NEW CLASS A | $469,589 | 0.23% | 12,726 | Common | NONE |
| 02079K305 | GOOGL | ALPHABET INC CLASS A | $468,095 | 0.22% | 3,027 | Common | NONE |
| 83413U100 | SLRC | SLR INVESTMENT CORP | $463,987 | 0.22% | 27,520 | Common | NONE |
| 478160104 | JNJ | JOHNSON & JOHNSON | $440,139 | 0.21% | 2,654 | Common | NONE |
| 922908744 | VTV | VANGUARD VALUE ETF | $433,750 | 0.21% | 2,511 | Common | NONE |
| 666807102 | NOC | NORTHROP GRUMMAN CORP | $420,360 | 0.20% | 821 | Common | NONE |
| 09259E108 | TCPC | BLACKROCK TCP CAP CORP | $407,373 | 0.20% | 50,858 | Common | NONE |
| 58933Y105 | MRK | MERCK & CO. INC. | $391,982 | 0.19% | 4,367 | Common | NONE |
| 464288869 | IWC | ISHARES MICRO CAP ETF | $346,372 | 0.17% | 3,123 | Common | NONE |
| 717081103 | PFE | PFIZER INC | $340,177 | 0.16% | 13,425 | Common | NONE |
| 526107107 | LII | LENNOX INTL INC | $329,207 | 0.16% | 587 | Common | NONE |
| 00287Y109 | ABBV | ABBVIE INC | $328,946 | 0.16% | 1,570 | Common | NONE |
| 969136100 | WVVI | WILLAMETTE VY VINEYARD I | $325,512 | 0.16% | 54,800 | Common | NONE |
| 742718109 | PG | PROCTER & GAMBLE CO | $318,515 | 0.15% | 1,869 | Common | NONE |
| 46137V241 | SPHQ | INVESCO S&P 500 QUALITY ETF | $305,695 | 0.15% | 4,608 | Common | NONE |
| 578473100 | MAYS | MAYS J W INC | $280,073 | 0.13% | 7,326 | Common | NONE |
| 46137V357 | RSP | INVESCO S&P 500 EQUAL WEIGHT ETF | $278,866 | 0.13% | 1,610 | Common | NONE |
| 969457100 | WMB | WILLIAMS COS INC | $277,585 | 0.13% | 4,645 | Common | NONE |
| 02209S103 | MO | ALTRIA GROUP INC | $274,652 | 0.13% | 4,576 | Common | NONE |
| 233051200 | DBEF | XTRACKERS MSCI EAFE HEDGED EQUITY ET | $274,132 | 0.13% | 6,331 | Common | NONE |
| 922042742 | VT | VANGUARD TOTAL WORLD STOCK ETF | $274,048 | 0.13% | 2,363 | Common | NONE |
| 438516106 | HON | HONEYWELL INTL INC | $271,464 | 0.13% | 1,282 | Common | NONE |
| 464287796 | IYE | ISHARES US ENERGY ETF | $271,150 | 0.13% | 5,500 | Common | NONE |
| 896215209 | TRS | TRIMAS CORP | $269,445 | 0.13% | 11,500 | Common | NONE |
| 91324P102 | UNH | UNITEDHEALTH GROUP INC | $269,208 | 0.13% | 514 | Common | NONE |
| 464286806 | EWG | ISHARES MSCI GERMANY ETF | $266,049 | 0.13% | 7,175 | Common | NONE |
| 89417E109 | TRV | TRAVELERS COS INC | $265,518 | 0.13% | 1,004 | Common | NONE |
| 609207105 | MDLZ | MONDELEZ INTL INC CLASS A | $248,060 | 0.12% | 3,656 | Common | NONE |
| 92826C839 | V | VISA INC CLASS A | $239,516 | 0.11% | 683 | Common | NONE |
| 09857L108 | BKNG | BOOKING HLDGS INC | $234,952 | 0.11% | 51 | Common | NONE |
| 808524508 | SCHM | SCHWAB STRATEGI/US MID-CAP ETF | $212,139 | 0.10% | 8,097 | Common | NONE |
| 464287879 | IJS | ISHARES S&P SMALL CAP 600 ETF | $204,513 | 0.10% | 2,098 | Common | NONE |
| 166764100 | CVX | CHEVRON CORP NEW | $202,962 | 0.10% | 1,213 | Common | NONE |
| 92556H206 | 0VVB | PARAMOUNT GLOBAL B MERGER ELECTION EXP: 04/03/25 | $185,978 | 0.09% | 15,550 | Common | NONE |
| 29273V100 | ET | ENERGY TRANSFER L P LP | $161,882 | 0.08% | 8,708 | Common | NONE |
| G97229101 | WPLCF | WISE PLC ORDF | $135,946 | 0.07% | 11,116 | Common | NONE |
| N30577105 | ZGN | ERMENEGILDO ZEGNA N V F | $135,235 | 0.06% | 18,275 | Common | NONE |
| 835699307 | SONY | SONY GROUP CORP FSPONSORED ADR 1 ADR REPS 1 ORD SHS | $93,562 | 0.04% | 3,685 | Common | NONE |
| 29788T103 | ETWOGBP | E2OPEN PARENT HLDGS INC CLASS A | $29,174 | 0.01% | 14,587 | Common | NONE |
| G2662B103 | CRML | CRITICAL METALS CORP. F | $27,775 | 0.01% | 19,982 | Common | NONE |
| 23283M101 | CYDY | CYTODYN INC | $7,474 | 0.00% | 32,500 | Common | NONE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.