Next Capital Management LLC
- SEC CIK
- 0001752762
- Latest filing
- Aug 3, 2026
Holdings in Q2 2025
Holdings as of Jun 30, 2025, filed Aug 5, 2025. Long positions only; changes compare share counts with Q1 2025.
- Positions
- 137
- +19 vs. Q1 2025
- Portfolio value
- $270.6M
- +$62.1M (+29.8%) vs. Q1 2025
| Security | Class | Shares | Value | % of portfolio | Share change | Action | History |
|---|---|---|---|---|---|---|---|
| iShares Core S&P 500 ETF464287200 | ETF | 64,149 | $39.8M | 14.7% | +5,564+9.5% | Added | – |
| METAMeta Platforms, Inc. | Stock | 16,657 | $12.3M | 4.5% | +44+0.3% | Added | History |
| Invesco QQQ Trust Series I46090E103 | ETF | 21,800 | $12.0M | 4.4% | +29+0.1% | Added | – |
| iShares Core MSCI Eafe ETF46432F842 | ETF | 116,335 | $9.71M | 3.6% | +11,924+11.4% | Added | – |
| AMZNAmazon Com Inc | Stock | 43,967 | $9.65M | 3.6% | +4,822+12.3% | Added | History |
| MFICMidCap Financial Investment Corp | COM NEW | 725,401 | $9.15M | 3.4% | +556,316+329.0% | Added | History |
| AAPLApple Inc. | Stock | 44,014 | $9.03M | 3.3% | +2,021+4.8% | Added | History |
| Vanguard S&P 500 ETF922908363 | ETF | 15,748 | $8.96M | 3.3% | +7,708+95.9% | Added | – |
| TCPCBlackRock TCP Capital Corp. | COM | 1,134,826 | $8.74M | 3.2% | +1,083,968+2,131.4% | Added | History |
| Vanguard Morningstar Total Stock Market ETF922908769 | ETF | 26,563 | $8.07M | 3.0% | +427+1.6% | Added | – |
| iShares Russell 1000 Growth ETF464287614 | ETF | 18,167 | $7.71M | 2.9% | −185−1.0% | Reduced | – |
| iShares S&P 500 Growth ETF464287309 | ETF | 47,773 | $5.26M | 1.9% | +1,072+2.3% | Added | – |
| iShares Core MSCI Emerging Markets ETF46434G103 | ETF | 82,147 | $4.93M | 1.8% | +8,041+10.9% | Added | – |
| iShares Tr464287622 | RUS 1000 ETF | 12,734 | $4.32M | 1.6% | +6,889+117.9% | Added | – |
| NVDANVIDIA Corp | Stock | 27,033 | $4.27M | 1.6% | +14,444+114.7% | Added | History |
| iShares Core S&P Small Cap ETF464287804 | ETF | 37,949 | $4.15M | 1.5% | +3,076+8.8% | Added | – |
| iShares Russell 1000 Value ETF464287598 | ETF | 21,295 | $4.14M | 1.5% | +716+3.5% | Added | – |
| BRK.BBerkshire Hathaway Inc | Stock | 8,449 | $4.10M | 1.5% | +1,063+14.4% | Added | History |
| GBDCGolub Capital BDC, Inc. | COM | 279,444 | $4.09M | 1.5% | −63,509−18.5% | Reduced | History |
| iShares Core S&P Mid-Cap ETF464287507 | ETF | 65,682 | $4.07M | 1.5% | +1,161+1.8% | Added | – |
| SPYSPDR S&P 500 ETF Trust | ETF | 5,776 | $3.57M | 1.3% | −111−1.9% | Reduced | History |
| Schwab U.S. Small-Cap ETF808524607 | ETF | 117,399 | $2.97M | 1.1% | −1,315−1.1% | Reduced | – |
| State Street Health Care Select Sector SPDR ETF81369Y209 | ETF | 21,977 | $2.96M | 1.1% | +22+0.1% | Added | – |
| Schwab U.S. Large-Cap ETF808524201 | ETF | 119,505 | $2.92M | 1.1% | −571−0.5% | Reduced | – |
| Vanguard Dividend Appreciation ETF921908844 | ETF | 13,342 | $2.73M | 1.0% | 00.0% | Unchanged | – |
| KKRKKR & Co. Inc. | COM | 20,273 | $2.70M | 1.0% | +2,886+16.6% | Added | History |
| MSFTMicrosoft Corp | Stock | 5,048 | $2.51M | 0.9% | +1,230+32.2% | Added | History |
| Vanguard Morningstar Growth ETF922908736 | ETF | 4,942 | $2.17M | 0.8% | +48+1.0% | Added | – |
| Schwab Fundamental U.S. Large Company ETF808524771 | ETF | 85,158 | $2.09M | 0.8% | +21,532+33.8% | Added | – |
| WMTWalmart Inc. | Stock | 20,600 | $2.01M | 0.7% | 00.0% | Unchanged | History |
| Invesco Nasdaq 100 ETF46138G649 | ETF | 8,148 | $1.85M | 0.7% | +321+4.1% | Added | – |
| Vanguard Morningstar Mid-Cap Growth ETF922908538 | ETF | 6,430 | $1.83M | 0.7% | 00.0% | Unchanged | – |
| Vanguard Information Technology ETF92204A702 | ETF | 2,755 | $1.83M | 0.7% | 00.0% | Unchanged | – |
| State Street Financial Select Sector SPDR ETF81369Y605 | ETF | 32,434 | $1.70M | 0.6% | +1,281+4.1% | Added | – |
| Kraneshares Trust500767306 | CSI CHI INTERNET | 49,020 | $1.68M | 0.6% | 00.0% | Unchanged | – |
| iShares Tr464287234 | MSCI EMG MKT ETF | 34,500 | $1.66M | 0.6% | +1,731+5.3% | Added | – |
| KOCoca Cola Co | Stock | 21,715 | $1.54M | 0.6% | +4,069+23.1% | Added | History |
| SCHWSchwab Charles Corp | Stock | 16,684 | $1.52M | 0.6% | +702+4.4% | Added | History |
| JPMJPMorgan Chase & Co | Stock | 9,644 | $1.49M | 0.6% | +6,734+231.4% | Added | History |
| BRK.ABerkshire Hathaway Inc | CL A | 2 | $1.46M | 0.5% | 00.0% | Unchanged | History |
| PMPhilip Morris International Inc. | Stock | 7,588 | $1.38M | 0.5% | +246+3.4% | Added | History |
| MCDMcDonalds Corp | Stock | 4,684 | $1.37M | 0.5% | +657+16.3% | Added | History |
| NFLXNetflix Inc | Stock | 1,002 | $1.34M | 0.5% | +59+6.3% | Added | History |
| LLYEli Lilly & Co | Stock | 1,704 | $1.33M | 0.5% | +814+91.5% | Added | History |
| Vanguard Morningstar Large-Cap ETF922908637 | ETF | 4,509 | $1.29M | 0.5% | +19+0.4% | Added | – |
| iShares Core S&P US Value ETF464287663 | ETF | 13,547 | $1.28M | 0.5% | +254+1.9% | Added | – |
| iShares Russell Mid-Cap Growth ETF464287481 | ETF | 9,230 | $1.28M | 0.5% | +1,287+16.2% | Added | – |
| TFXTeleflex Inc | COM | 10,423 | $1.23M | 0.5% | +2,543+32.3% | Added | History |
| GOOGLAlphabet Inc. | Stock | 6,972 | $1.23M | 0.5% | +3,945+130.3% | Added | History |
| GOOGAlphabet Inc. | Stock | 6,784 | $1.20M | 0.4% | +3,105+84.4% | Added | History |
| GSGoldman Sachs Group Inc | Stock | 1,519 | $1.07M | 0.4% | +377+33.0% | Added | History |
| Invesco S&P 500 Quality ETF46137V241 | ETF | 14,621 | $1.04M | 0.4% | +10,013+217.3% | Added | – |
| Vanguard High Dividend Yield Index ETF921946406 | ETF | 7,778 | $1.04M | 0.4% | 00.0% | Unchanged | – |
| Schwab US Dividend Equity ETF808524797 | ETF | 39,007 | $1.03M | 0.4% | +717+1.9% | Added | – |
| JPMorgan Ultra-Short Income ETF46641Q837 | ETF | 20,185 | $1.02M | 0.4% | −18,966−48.4% | Reduced | – |
| ECLEcolab Inc. | Stock | 3,775 | $1.02M | 0.4% | −455−10.8% | Reduced | History |
| State Street Technology Select Sector SPDR ETF81369Y803 | ETF | 3,971 | $1.01M | 0.4% | +157+4.1% | Added | – |
| iShares Russell 2000 ETF464287655 | ETF | 4,417 | $953.1K | 0.4% | −177−3.9% | Reduced | – |
| iShares MSCI Eafe ETF464287465 | ETF | 10,216 | $913.2K | 0.3% | +1,159+12.8% | Added | – |
| MDBMongoDB, Inc. | CL A | 4,297 | $902.3K | 0.3% | +4,297 | New | History |
| JNJJohnson & Johnson | Stock | 5,783 | $883.4K | 0.3% | +3,129+117.9% | Added | History |
| BRWSaba Capital Income & Opportunities Fund | SHS NEW | 99,725 | $803.8K | 0.3% | +99,725 | New | History |
| CBZCBIZ, Inc. | COM | 11,000 | $788.8K | 0.3% | 00.0% | Unchanged | History |
| Schwab U.S. Broad Market ETF808524102 | ETF | 32,926 | $784.6K | 0.3% | +97+0.3% | Added | – |
| Vanguard Ftse Developed Markets ETF921943858 | ETF | 13,532 | $771.5K | 0.3% | +889+7.0% | Added | – |
| HDHome Depot, Inc. | Stock | 1,993 | $730.7K | 0.3% | +139+7.5% | Added | History |
| First Tr Exchange-Traded FD33738D101 | NO AMER ENERGY | 19,345 | $725.6K | 0.3% | 00.0% | Unchanged | – |
| PHParker-Hannifin Corp | Stock | 1,035 | $722.9K | 0.3% | 00.0% | Unchanged | History |
| XOMExxonMobil Holdings Corp | COM | 6,522 | $703.1K | 0.3% | +739+12.8% | Added | History |
| BXBlackstone Inc. | COM | 4,526 | $676.9K | 0.3% | +716+18.8% | Added | History |
| SPOTSpotify Technology S.A. | Stock | 860 | $659.9K | 0.2% | 00.0% | Unchanged | History |
| BNBROOKFIELD Corp | CL A LTD VT SH | 10,500 | $649.4K | 0.2% | 00.0% | Unchanged | History |
| OKEONEOK Inc | COM | 7,880 | $643.2K | 0.2% | 00.0% | Unchanged | History |
| VanEck ETF Trust92189F106 | GOLD MINERS ETF | 11,752 | $611.8K | 0.2% | 00.0% | Unchanged | – |
| iShares MSCI Acwi Ex U.S. ETF464288240 | ETF | 9,959 | $606.9K | 0.2% | 00.0% | Unchanged | – |
| PPGPPG Industries Inc | Stock | 5,204 | $592.0K | 0.2% | 00.0% | Unchanged | History |
| CSGSCSG Systems International Inc | COM | 9,000 | $587.8K | 0.2% | 00.0% | Unchanged | History |
| OBDCBlue Owl Capital Corp | COM | 39,363 | $564.5K | 0.2% | 00.0% | Unchanged | History |
| OPPRiverNorth/DoubleLine Strategic Opportunity Fund, Inc. | COM | 63,859 | $546.0K | 0.2% | +63,859 | New | History |
| AEPAmerican Electric Power Co Inc | Stock | 5,075 | $526.6K | 0.2% | −2,953−36.8% | Reduced | History |
| QCOMQualcomm Inc | Stock | 3,216 | $512.2K | 0.2% | +100+3.2% | Added | History |
| Vanguard Ftse Emerging Markets ETF922042858 | ETF | 9,964 | $492.8K | 0.2% | −2,826−22.1% | Reduced | – |
| Vanguard Morningstar Value ETF922908744 | ETF | 2,765 | $488.9K | 0.2% | +254+10.1% | Added | – |
| iShares Inc464286806 | MSCI GERMANY ETF | 11,475 | $485.5K | 0.2% | +4,300+59.9% | Added | – |
| ALABAstera Labs, Inc. | Stock | 5,182 | $468.6K | 0.2% | +5,182 | New | History |
| MRKMerck & Co., Inc. | Stock | 5,814 | $461.0K | 0.2% | +1,447+33.1% | Added | History |
| EPDEnterprise Products Partners L.P. | Stock | 14,625 | $453.5K | 0.2% | +332+2.3% | Added | History |
| SLRCSLR Investment Corp. | COM | 27,520 | $444.2K | 0.2% | 00.0% | Unchanged | History |
| PFEPfizer Inc | Stock | 17,903 | $434.0K | 0.2% | +4,478+33.4% | Added | History |
| TYGTortoise Energy Infrastructure Corp | COM | 9,770 | $428.8K | 0.2% | +9,770 | New | History |
| NOCNorthrop Grumman Corp | Stock | 811 | $405.5K | 0.1% | −10−1.2% | Reduced | History |
| CMCSAComcast Corp | Stock | 11,178 | $398.9K | 0.1% | −1,548−12.2% | Reduced | History |
| iShares Tr464288869 | MICRO-CAP ETF | 3,123 | $398.7K | 0.1% | 00.0% | Unchanged | – |
| UNHUnitedHealth Group Inc | Stock | 1,246 | $388.7K | 0.1% | +732+142.4% | Added | History |
| PGProcter & Gamble Co | Stock | 2,416 | $384.9K | 0.1% | +547+29.3% | Added | History |
| ABBVAbbVie Inc. | Stock | 1,877 | $348.3K | 0.1% | +307+19.6% | Added | History |
| ILMNIllumina, Inc. | COM | 3,578 | $341.4K | 0.1% | +3,578 | New | History |
| TRSTrimas Corp | COM NEW | 11,500 | $329.0K | 0.1% | 00.0% | Unchanged | History |
| LIILennox International Inc | COM | 563 | $322.7K | 0.1% | −24−4.1% | Reduced | History |
| iShares S&P Small-Cap 600 Value ETF464287879 | ETF | 3,230 | $321.4K | 0.1% | +1,132+54.0% | Added | – |
Sold out since Q1 2025 (5)
Positions held at the end of Q1 2025 that are gone from this filing.
| Security | Class | Shares in Q1 2025 | Value in Q1 2025 | % of portfolio in Q1 2025 | History |
|---|---|---|---|---|---|
| iShares Tr46434V407 | 0-5YR HI YL CP | 24,600 | $1.05M | 0.5% | – |
| CVXChevron Corp | Stock | 1,213 | $203.0K | 0.1% | History |
| Paramount Global92556H206 | CL B | 15,550 | $186.0K | 0.1% | – |
| ETEnergy Transfer LP | COM UT LTD PTN | 8,708 | $161.9K | 0.1% | History |
| SONYSony Group Corp | SPONSORED ADR | 3,685 | $93.6K | <0.1% | History |