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Livermore
Livermore
ZHEN

Next Capital Management LLC

SEC CIK
0001752762
Latest filing
Aug 3, 2026

Holdings in Q3 2021

Holdings as of Sep 30, 2021, filed Oct 19, 2021. Long positions only; changes compare share counts with Q2 2021.

Institution overview
Positions
103
−5 vs. Q2 2021
Portfolio value
$137.7M
−$19.3M (−12.3%) vs. Q2 2021
Filed
Oct 19, 2021
SEC
Holdings of Next Capital Management LLC in Q3 2021
SecurityClassSharesValue% of portfolioShare changeActionHistory
iShares Core S&P 500 ETF464287200ETF32,558$14.0M10.2%+1,596+5.2%Added–
Invesco QQQ Trust Series I46090E103ETF24,667$8.83M6.4%+130+0.5%Added–
State Street Financial Select Sector SPDR ETF81369Y605ETF214,692$8.06M5.9%+19,363+9.9%Added–
AAPLApple Inc.Stock39,019$5.52M4.0%−4,764−10.9%ReducedHistory
AFTApollo Senior Floating Rate Fund Inc.COM306,946$4.85M3.5%−6,242−2.0%ReducedHistory
State Street Health Care Select Sector SPDR ETF81369Y209ETF32,541$4.14M3.0%+4,620+16.5%Added–
Vanguard Morningstar Total Stock Market ETF922908769ETF18,459$4.10M3.0%00.0%Unchanged–
METAMeta Platforms, Inc.Stock11,000$3.73M2.7%−7,404−40.2%ReducedHistory
Schwab U.S. Large-Cap ETF808524201ETF35,065$3.65M2.6%+587+1.7%Added–
GBDCGolub Capital BDC, Inc.COM221,041$3.50M2.5%−66,422−23.1%ReducedHistory
JRONuveen Floating Rate Income Opportunity FundCOM SHS302,016$3.02M2.2%−14,862−4.7%ReducedHistory
TFXTeleflex IncCOM7,880$2.97M2.2%00.0%UnchangedHistory
JPMJPMorgan Chase & CoStock17,445$2.86M2.1%00.0%UnchangedHistory
JFRNuveen Floating Rate Income FundCOM269,183$2.71M2.0%−15,152−5.3%ReducedHistory
Schwab U.S. Small-Cap ETF808524607ETF26,990$2.70M2.0%+2,606+10.7%Added–
BRWSaba Capital Income & Opportunities FundSHARES535,853$2.44M1.8%−595,377−52.6%ReducedHistory
BRK.BBerkshire Hathaway IncStock8,708$2.38M1.7%00.0%UnchangedHistory
iShares Core S&P Small Cap ETF464287804ETF20,284$2.21M1.6%−14−0.1%Reduced–
FRABlackRock Floating Rate Income Strategies Fund, Inc.COM156,530$2.09M1.5%−135,157−46.3%ReducedHistory
NSLNuveen Senior Income FundCOM347,443$2.04M1.5%−20,744−5.6%ReducedHistory
NRKNuveen New York Amt-Free Quality Municipal Income FundCOM144,857$2.00M1.5%−7,588−5.0%ReducedHistory
JSDNuveen Short Duration Credit Opportunities FundCOM129,538$1.96M1.4%−11,627−8.2%ReducedHistory
Vanguard Morningstar Mid-Cap Growth ETF922908538ETF7,530$1.78M1.3%00.0%Unchanged–
iShares Core MSCI Eafe ETF46432F842ETF21,946$1.63M1.2%+1,682+8.3%Added–
Vanguard Real Estate ETF922908553ETF14,224$1.45M1.1%00.0%Unchanged–
iShares Russell 1000 Value ETF464287598ETF9,059$1.42M1.0%+125+1.4%Added–
BGBBlackstone Strategic Credit 2027 Term FundCOM SHS BEN IN99,496$1.38M1.0%−1,706−1.7%ReducedHistory
JPMorgan Ultra-Short Income ETF46641Q837ETF25,605$1.30M0.9%−11,507−31.0%Reduced–
iShares Tr464287796U.S. ENERGY ETF45,653$1.29M0.9%00.0%Unchanged–
iShares Core S&P Mid-Cap ETF464287507ETF4,873$1.28M0.9%−140−2.8%Reduced–
iShares Tr464287622RUS 1000 ETF5,109$1.24M0.9%00.0%Unchanged–
XOMExxonMobil Holdings CorpCOM20,039$1.18M0.9%−2,500−11.1%ReducedHistory
AMZNAmazon Com IncStock355$1.17M0.8%00.0%UnchangedHistory
KKRKKR & Co. Inc.COM17,483$1.06M0.8%00.0%UnchangedHistory
Vanguard S&P 500 ETF922908363ETF2,673$1.05M0.8%00.0%Unchanged–
iShares S&P 500 Growth ETF464287309ETF13,855$1.02M0.7%00.0%Unchanged–
PIMCO Active Bond Exchange-Traded Fund72201R775ETF9,148$1.01M0.7%00.0%Unchanged–
AVBAvalonbay Communities IncCOM4,160$922.0K0.7%00.0%UnchangedHistory
KOCoca Cola CoStock17,450$916.0K0.7%00.0%UnchangedHistory
MSFTMicrosoft CorpStock3,247$915.0K0.7%00.0%UnchangedHistory
Vanguard Morningstar Large-Cap ETF922908637ETF4,429$890.0K0.6%00.0%Unchanged–
Berkshire Hat A 100th084990175COM200$823.0K0.6%00.0%Unchanged–
XYZBlock, Inc.CL A3,305$793.0K0.6%00.0%UnchangedHistory
First Tr Exchange-Traded FD33738D101NO AMER ENERGY31,501$746.0K0.5%−1,645−5.0%Reduced–
HCAHCA Healthcare, Inc.COM3,000$728.0K0.5%00.0%UnchangedHistory
WVVIWillamette Valley Vineyards IncCOM54,800$697.0K0.5%00.0%UnchangedHistory
State Street Technology Select Sector SPDR ETF81369Y803ETF4,433$662.0K0.5%+131+3.0%Added–
CMCSAComcast CorpStock11,780$659.0K0.5%−200−1.7%ReducedHistory
DHRDanaher CorpStock2,160$658.0K0.5%00.0%UnchangedHistory
Ssga Active ETF Tr78467V848ST STR TOTAL ETF13,080$632.0K0.5%−842−6.0%Reduced–
iShares Russell 2000 ETF464287655ETF2,858$625.0K0.5%00.0%Unchanged–
iShares Russell 1000 Growth ETF464287614ETF2,225$610.0K0.4%+49+2.3%Added–
NANNuveen New York Quality Municipal Income FundCOM39,784$586.0K0.4%−1,488−3.6%ReducedHistory
BXBlackstone Inc.COM5,029$585.0K0.4%+14+0.3%AddedHistory
Paramount Global92556H206CL B14,718$582.0K0.4%−3,310−18.4%Reduced–
iShares Core MSCI Emerging Markets ETF46434G103ETF9,365$578.0K0.4%00.0%Unchanged–
SPYSPDR S&P 500 ETF TrustETF1,342$576.0K0.4%00.0%UnchangedHistory
Vanguard Ftse Emerging Markets ETF922042858ETF10,894$545.0K0.4%00.0%Unchanged–
SLRCSLR Investment Corp.COM27,520$526.0K0.4%00.0%UnchangedHistory
GOOGLAlphabet Inc.Stock196$524.0K0.4%00.0%UnchangedHistory
ATVIActivision Blizzard, Inc.COM6,450$499.0K0.4%00.0%UnchangedHistory
ECLEcolab Inc.Stock2,254$471.0K0.3%−1,073−32.3%ReducedHistory
LLYEli Lilly & CoStock1,975$456.0K0.3%+40+2.1%AddedHistory
NEANuveen AMT-Free Quality Municipal Income FundCOM30,038$456.0K0.3%−12,277−29.0%ReducedHistory
iShares Tr464288869MICRO-CAP ETF3,123$451.0K0.3%00.0%Unchanged–
MDXGMimedx Group, Inc.COM70,619$428.0K0.3%+52,000+279.3%AddedHistory
PINSPinterest, Inc.CL A8,370$426.0K0.3%00.0%UnchangedHistory
GOOGAlphabet Inc.Stock147$392.0K0.3%00.0%UnchangedHistory
QCOMQualcomm IncStock3,000$387.0K0.3%00.0%UnchangedHistory
Vanguard Ftse Developed Markets ETF921943858ETF7,567$382.0K0.3%00.0%Unchanged–
ETHEGrayscale Ethereum Staking ETFETF13,421$381.0K0.3%+296+2.3%AddedHistory
SGFYSignify Health, Inc.CL A COM19,793$354.0K0.3%+19,793NewHistory
JNJJohnson & JohnsonStock2,165$350.0K0.3%00.0%UnchangedHistory
SPOTSpotify Technology S.A.Stock1,500$338.0K0.2%00.0%UnchangedHistory
Rreef Ppty Tr Inc Com CL B74972X205Stock21,429$338.0K0.2%+21,429New–
TYGTortoise Energy Infrastructure CorpCOM12,355$335.0K0.2%+12,355NewHistory
iShares U S ETF Tr46431W507SHOR DURA BD ETF6,573$330.0K0.2%+598+10.0%Added–
ProShares Tr74347B425SHORT S&P 500 NE21,535$328.0K0.2%00.0%Unchanged–
OKEONEOK IncCOM5,620$326.0K0.2%−619−9.9%ReducedHistory
GBTCGrayscale Bitcoin Trust ETFETF9,223$312.0K0.2%+269+3.0%AddedHistory
Managed Portfolio Series56167N720TORTOISE NRAM PI13,708$299.0K0.2%00.0%Unchanged–
BXMTBlackstone Mortgage Trust, Inc.COM CL A9,723$298.0K0.2%+678+7.5%AddedHistory
CSGSCSG Systems International IncCOM6,000$289.0K0.2%00.0%UnchangedHistory
BRMKBroadmark Realty Capital Inc.COM28,597$282.0K0.2%00.0%UnchangedHistory
Schwab U.S. Mid-Cap ETF808524508ETF3,649$280.0K0.2%+4+0.1%Added–
PHParker-Hannifin CorpStock1,000$280.0K0.2%00.0%UnchangedHistory
INTUIntuit Inc.Stock500$270.0K0.2%00.0%UnchangedHistory
Vanguard Intermediate-Term Corporate Bond ETF92206C870ETF2,794$264.0K0.2%+210+8.1%Added–
MRKMerck & Co., Inc.Stock3,412$256.0K0.2%−100−2.8%ReducedHistory
CLXClorox CoStock1,500$248.0K0.2%00.0%UnchangedHistory
MGMMGM Resorts InternationalStock5,750$248.0K0.2%00.0%UnchangedHistory
DBX ETF Tr233051200XTRACK MSCI EAFE6,331$239.0K0.2%00.0%Unchanged–
iShares Tr464288687PFD AND INCM SEC5,917$230.0K0.2%+767+14.9%Added–
NFLXNetflix IncStock373$228.0K0.2%+373NewHistory
SPDR Series Trust78464A383ST STR BACKE ETF8,820$227.0K0.2%+8,820New–
iShares Tr46434V4070-5YR HI YL CP4,794$219.0K0.2%+4,794New–
NETCloudflare, Inc.CL A COM1,900$214.0K0.2%+1,900NewHistory
Thyssenkrupp AG Sponsored ADR88629Q207ADR20,000$211.0K0.2%00.0%Unchanged–
European Sustainable GrowthG3194F125UNIT 01/18/202418,415$193.0K0.1%+18,415New–
NVGNuveen AMT-Free Municipal Credit Income FundCEF10,818$186.0K0.1%−15,506−58.9%ReducedHistory

Sold out since Q2 2021 (14)

Positions held at the end of Q2 2021 that are gone from this filing.

Positions of Next Capital Management LLC sold out since Q2 2021
SecurityClassShares in Q2 2021Value in Q2 2021% of portfolio in Q2 2021History
GMEDGlobus Medical IncStock111,098$8.61M5.5%History
Invesco Exchange Traded FD T46137V134WILDERHIL CLAN5,000$466.0K0.3%–
BGXBlackstone Long-Short Credit Income FundCOM SHS BN INT29,912$452.0K0.3%History
EVFEaton Vance Senior Income TrustSH BEN INT56,589$383.0K0.2%History
DISWalt Disney CoStock2,000$352.0K0.2%History
EPDEnterprise Products Partners L.P.Stock13,061$315.0K0.2%History
Royal Dutch Shell PLC780259206SPONS ADR A7,419$300.0K0.2%–
Novus Capital Corporation II67012W203UNIT 99/99/999926,900$272.0K0.2%–
WMBWilliams Companies, Inc.COM8,809$234.0K0.1%History
MMPMagellan Midstream Partners, L.P.COM UNIT RP LP4,564$223.0K0.1%History
VanEck ETF Trust92189F106GOLD MINERS ETF6,450$219.0K0.1%–
PSXPhillips 66Stock2,500$215.0K0.1%History
PCRXPacira BioSciences, Inc.COM3,500$212.0K0.1%History
TDOCTeladoc Health, Inc.COM1,222$203.0K0.1%History