Nepc LLC
- SEC CIK
- 0001424799
- Latest filing
- Aug 14, 2026
Holdings in Q3 2025
Holdings as of Sep 30, 2025, filed Nov 14, 2025. Long positions only; changes compare share counts with Q2 2025.
- Positions
- 49
- −1 vs. Q2 2025
- Portfolio value
- $3.80B
- −$152.3M (−3.9%) vs. Q2 2025
| Security | Class | Shares | Value | % of portfolio | Share change | Action | History |
|---|---|---|---|---|---|---|---|
| iShares Tr464288638 | ISHS 5-10YR INVT | 160 | $8.65K | <0.1% | 00.0% | Unchanged | – |
| DBX ETF Tr233051143 | XTRACKRS S&P 500 | 9,245 | $555.0K | <0.1% | 00.0% | Unchanged | – |
| iShares Tr464288802 | ESG OPTIMIZED | 7,646 | $1.04M | <0.1% | 00.0% | Unchanged | – |
| Vanguard Ftse All-World Ex-US Small-Cap ETF922042718 | ETF | 8,114 | $1.16M | <0.1% | 00.0% | Unchanged | – |
| iShares Tr46435G516 | ESG AW MSCI EAFE | 12,495 | $1.16M | <0.1% | 00.0% | Unchanged | – |
| iShares Tr46435G425 | ESG AWR MSCI USA | 13,905 | $2.02M | 0.1% | 00.0% | Unchanged | – |
| iShares Tr464287739 | U.S. REAL ES ETF | 21,553 | $2.09M | 0.1% | +262+1.2% | Added | – |
| SPDR Index Shs FDS78470E106 | ST STR MSCI EAFE | 53,260 | $2.63M | 0.1% | +53,260 | New | – |
| iShares Inc464286632 | MSCI ISRAEL ETF | 31,069 | $3.12M | 0.1% | 00.0% | Unchanged | – |
| Vanguard Malvern FDS922020805 | STRM INFPROIDX | 65,564 | $3.32M | 0.1% | 00.0% | Unchanged | – |
| iShares Tr464287150 | CORE S&P TTL STK | 25,076 | $3.65M | 0.1% | 00.0% | Unchanged | – |
| iShares Tr464287234 | MSCI EMG MKT ETF | 68,855 | $3.68M | 0.1% | +21,600+45.7% | Added | – |
| iShares Esg Aware US Aggregate Bond ETF46435U549 | ETF | 78,457 | $3.77M | 0.1% | 00.0% | Unchanged | – |
| iShares Core S&P Small Cap ETF464287804 | ETF | 33,632 | $4.00M | 0.1% | +104+0.3% | Added | – |
| iShares Core S&P Mid-Cap ETF464287507 | ETF | 75,182 | $4.91M | 0.1% | +193+0.3% | Added | – |
| Ea Series Trust02072Q846 | JLENS 500 JEWISH | 297,975 | $8.37M | 0.2% | 00.0% | Unchanged | – |
| iShares Tr46434V803 | HDG MSCI EAFE | 237,827 | $9.42M | 0.2% | +36,973+18.4% | Added | – |
| iShares Core S&P 500 ETF464287200 | ETF | 15,220 | $10.2M | 0.3% | +42+0.3% | Added | – |
| iShares Tr464287689 | RUSSELL 3000 ETF | 27,849 | $10.6M | 0.3% | +20.0% | Added | – |
| iShares MSCI Eafe ETF464287465 | ETF | 119,376 | $11.1M | 0.3% | +14,500+13.8% | Added | – |
| iShares Tr464287440 | 7-10 YR TRSY BD | 116,950 | $11.3M | 0.3% | +116,950 | New | – |
| iShares Russell 2000 ETF464287655 | ETF | 50,697 | $12.3M | 0.3% | +5,933+13.3% | Added | – |
| PGRProgressive Corp | Stock | 64,992 | $16.0M | 0.4% | 00.0% | Unchanged | History |
| iShares Core MSCI Eafe ETF46432F842 | ETF | 198,113 | $17.3M | 0.5% | +48,577+32.5% | Added | – |
| Vanguard Morningstar Mid-Cap ETF922908629 | ETF | 89,095 | $26.2M | 0.7% | +4,900+5.8% | Added | – |
| SPYSPDR S&P 500 ETF Trust | ETF | 41,609 | $27.7M | 0.7% | +5,892+16.5% | Added | History |
| SPDR Series Trust78468R606 | ST PORT HIGH ETF | 1,400,581 | $33.5M | 0.9% | −454,036−24.5% | Reduced | – |
| iShares Tr464288372 | GLB INFRASTR ETF | 665,979 | $40.7M | 1.1% | −121,563−15.4% | Reduced | – |
| iShares Tr46434V647 | GLOBAL REIT ETF | 1,642,929 | $42.0M | 1.1% | −208,694−11.3% | Reduced | – |
| Abrdn ETFs003261104 | BBRG ALL COMD K1 | 1,981,840 | $42.7M | 1.1% | −193,646−8.9% | Reduced | – |
| SPDR Index Shs FDS78463X541 | ST STR NAT ETF | 730,890 | $43.3M | 1.1% | −130,243−15.1% | Reduced | – |
| GLDMWorld Gold Trust | SPDR GLD MINIS | 614,865 | $47.0M | 1.2% | −77,679−11.2% | Reduced | History |
| SPDR Series Trust78464A144 | ST STR CORPO ETF | 1,639,446 | $48.6M | 1.3% | −915,394−35.8% | Reduced | – |
| Vanguard Scottsdale FDS92206C102 | SHORT TERM TREAS | 1,226,718 | $72.2M | 1.9% | 00.0% | Unchanged | – |
| Vanguard Index FDS922908652 | EXTEND MKT ETF | 372,004 | $77.9M | 2.0% | −84,352−18.5% | Reduced | – |
| iShares Tr46434V407 | 0-5YR HI YL CP | 2,200,963 | $95.3M | 2.5% | 00.0% | Unchanged | – |
| iShares Tr46435U853 | BROAD USD HIGH | 2,563,323 | $96.8M | 2.5% | 00.0% | Unchanged | – |
| Vanguard Total World Stock ETF922042742 | ETF | 755,778 | $104.1M | 2.7% | −570,222−43.0% | Reduced | – |
| iShares Core MSCI Emerging Markets ETF46434G103 | ETF | 1,591,307 | $104.9M | 2.8% | +20,034+1.3% | Added | – |
| Vanguard Ftse Emerging Markets ETF922042858 | ETF | 1,996,647 | $108.2M | 2.8% | −238,008−10.7% | Reduced | – |
| Vanguard Morningstar Value ETF922908744 | ETF | 587,402 | $109.5M | 2.9% | −72,171−10.9% | Reduced | – |
| Schwab US Tips ETF808524870 | ETF | 4,592,089 | $123.8M | 3.3% | −419,414−8.4% | Reduced | – |
| Vanguard Ftse Developed Markets ETF921943858 | ETF | 2,752,987 | $165.0M | 4.3% | −1,007,482−26.8% | Reduced | – |
| Vanguard Scottsdale FDS92206C573 | TOTAL CORP BND | 2,455,525 | $192.5M | 5.1% | 00.0% | Unchanged | – |
| Vanguard Intermediate-Term Corporate Bond ETF92206C870 | ETF | 4,423,287 | $372.0M | 9.8% | 00.0% | Unchanged | – |
| Vanguard Scottsdale FDS92206C706 | INTER TERM TREAS | 6,472,647 | $388.6M | 10.2% | +117,795+1.9% | Added | – |
| Vanguard Long-Term Treasury ETF92206C847 | ETF | 6,884,141 | $391.4M | 10.3% | +364,232+5.6% | Added | – |
| Vanguard Scottsdale FDS92206C409 | SHRT TRM CORP BD | 5,010,411 | $400.5M | 10.5% | −38,639−0.8% | Reduced | – |
| Vanguard S&P 500 ETF922908363 | ETF | 818,600 | $501.3M | 13.2% | 00.0% | Unchanged | – |
Sold out since Q2 2025 (3)
Positions held at the end of Q2 2025 that are gone from this filing.
| Security | Class | Shares in Q2 2025 | Value in Q2 2025 | % of portfolio in Q2 2025 | History |
|---|---|---|---|---|---|
| State Street SPDR Portfolio S&P 500 ETF78464A854 | ETF | 973,556 | $70.8M | 1.8% | – |
| iShares U.S. Treasury Bond ETF46429B267 | ETF | 487,077 | $11.2M | 0.3% | – |
| iShares Global Clean Energy ETF464288224 | ETF | 35,461 | $464.9K | <0.1% | – |