Next Capital Management LLC

CIK: 0001752762Latest portfolio: $312.3M · Q4 2025

Holdings

136

Total Value

$312.3M

New Positions

135

Closed Positions

0

#StockSharesValue% PortfolioChangeType
1
IVVISHARES CORE S&P 500 ETF
69,834$47.8M15.31%NEW
2
MFICMIDCAP FINL INVESTME
1,484,349$17.0M5.44%NEW
3
TCPCBLACKROCK TCP CAP CORP
2,683,539$14.7M4.70%NEW
4
NDQINVSC QQQ TRUST SRS 1 ETF
21,424$13.2M4.21%NEW
5
AQLTISHARES CORE MSCI EAFE ETF
146,055$13.1M4.18%NEW
6
METAMETA PLATFORMS INC CLASS A
16,611$11.0M3.51%NEW
7
AMZNAMAZON.COM INC
45,188$10.4M3.34%NEW
8
IWFISHARES RUSSELL 1000 GROWTH ETF
21,471$10.2M3.25%NEW
9
VTIVANGUARD TOTAL STOCK MARKET ETF
30,174$10.1M3.24%NEW
10
IEMGiShares Core MSCI Emerging ETF
142,425$9.6M3.06%NEW
11
IVWISHARES S&P 500 GROWTH ETF
65,367$8.1M2.58%NEW
12
AAPLAPPLE INC
28,346$7.7M2.47%NEW
13
IJRISHARES CORE S&P SMALL CAP ETF
46,975$5.6M1.81%NEW
14
IWDISHARES RUSSELL 1000 VALUE ETF
25,679$5.4M1.73%NEW
15
IJHISHARES CORE S&P MID CAPETF
80,757$5.3M1.71%NEW
16
VOOVANGUARD S&P 500 ETF
8,438$5.3M1.69%NEW
17
NVDANVIDIA CORP
24,922$4.6M1.49%NEW
18
IWBISHARES RUSSELL 1000 ETF
11,948$4.5M1.43%NEW
19
SPYSPDR S&P 500 ETF
6,195$4.2M1.35%NEW
20
BRK/BBERKSHIRE HATHAWAY CLASS CLASS B
8,289$4.2M1.33%NEW
21
SCHASCHWAB US SMALL CAP ETF
119,142$3.4M1.09%NEW
22
GBDCGOLUB CAP BDC INC
244,213$3.3M1.06%NEW
23
FNDXSCHWAB FUNDMNTL US LARGECOM ETF
120,237$3.3M1.05%NEW
24
SCHXSCHWAB US LARGE CAP ETF
113,652$3.1M0.98%NEW
25
VIGVANGUARD DIVIDEND APPRECIATION ETF
13,360$2.9M0.94%NEW

Quarterly Changes

New Positions

Closed Positions

No closed positions this quarter

Sector Breakdown

Financial Services0.0% ($4.783216980146781e+266T)
Technology0.0% ($7.706464720361768e+30T)
Healthcare0.0% ($1900127111574692.3T)
Unknown0.0% ($13160130664166.2T)
Communication Services0.0% ($1096420392004.6T)
Consumer Cyclical0.0% ($10430407257.2T)
Industrials0.0% ($909388306.3T)
Energy0.0% ($667579.4T)
Basic Materials0.0% ($959.5T)
Consumer Defensive0.0% ($1.1B)
Utilities0.0% ($585.3M)
Real Estate0.0% ($292K)

Filing History

QuarterFiling DatePortfolio ValueHoldings
Q4 2025Feb 11, 2026$312.3M136
Q3 2025Nov 5, 2025$299.6B0
Q2 2025Aug 5, 2025$270.6B137
Q1 2025May 6, 2025$208.5B118
Q4 2024Feb 11, 2025$247.1B141

Fund Information

CIK0001752762
Most Recent FilingFeb 11, 2026
Number of Filings5

Next Capital Management LLC is an institutional investment manager that files 13F reports with the SEC. As of the Q4 2025 filing, the fund reported a portfolio valued at $312.3M across 136 holdings. The largest position is ISHARES CORE S&P 500 ETF (IVV), representing 15.3% of the portfolio. Compared to the previous quarter, the fund opened 136 new positions and closed 0 positions. 13F filings are required quarterly disclosures that provide transparency into the holdings of institutional investment managers with at least $100 million in qualifying assets.