Next Capital Management LLC Q1 2025 Filing

Filed May 6, 2025

Portfolio Value

$208.5B

Holdings

118

Report Date

Q1 2025

Filing Type

13F-HR

All Holdings (118 positions)

#StockSharesValue% PortfolioType
1
IVVISHARES CORE S&P 500 ETF
58,585$32.9B15.79%
2
NDQINVESCO QQQ TRUST
21,771$10.2B4.90%
3
METAMETA PLATFORMS INC CLASS A
16,613$9.6B4.59%
4
AAPLAPPLE INC
41,993$9.3B4.47%
5
AQLTISHARES CORE MSCI EAFE ETF
104,411$7.9B3.79%
6
AMZNAMAZON.COM INC
39,145$7.4B3.57%
7
VTIVANGUARD TOTAL STOCK MARKET ETF
26,136$7.2B3.45%
8
IWFISHARES RUSSELL 1000 GROWTH ETF
18,352$6.6B3.18%
9
GBDCGOLUB CAP BDC INC
342,953$5.2B2.49%
10
IVWISHARES S&P 500 GROWTH ETF
46,701$4.3B2.08%
11
VOOVANGUARD S&P 500 ETF
8,040$4.1B1.98%
12
IEMGISHARES CORE MSCI EMERGING ETF
74,106$4.0B1.92%
13
BRK/BBERKSHIRE HATHAWAY CLASS B
7,386$3.9B1.89%
14
IWDISHARES RUSSELL 1000 VALUE ETF
20,579$3.9B1.86%
15
IJHISHARES CORE S&P MID CAPETF
64,521$3.8B1.81%
16
IJRISHARES CORE S&P SMALL CAP ETF
34,873$3.6B1.75%
17
SPYSPDR S&P 500 ETF
5,887$3.3B1.58%
18
XLVSELECT SECTOR HEALTH CARE SPDR ETF
21,955$3.2B1.54%
19
SCHASCHWAB US SMALL CAP ETF
118,714$2.8B1.33%
20
SCHXSCHWAB US LARGE CAP ETF
120,076$2.7B1.27%
21
VIGVANGUARD DIVIDEND APPRECIATION ETF
13,342$2.6B1.24%
22
MFICMIDCAP FINL INVESTME
169,085$2.2B1.04%
23
KKRKKR & CO INC
17,387$2.0B0.96%
24
JPSTJPMORGAN ULTRA SHORT INCOME ETF
39,151$2.0B0.95%
25
VUGVANGUARD GROWTH ETF
4,894$1.8B0.87%
26
WMTWALMART INC
20,600$1.8B0.87%
27
IWBISHARES RUSSELL 1000 ETF
5,845$1.8B0.86%
28
KWEBKRANESHARES CSI CHINA INTERNET ETF
49,020$1.7B0.82%
29
BRK-BBERKSHIRE HATHAWAY INC DCLASS A
2$1.6B0.77%
30
VOTVANGUARD MID CAP GROWTH ETF
6,430$1.6B0.75%
31
XLFSELECT STR FINANCIAL SELECT SPDR ETF
31,153$1.6B0.74%
32
QQQMINVESCO NASDAQ 100 ETF
7,827$1.5B0.72%
33
FNDXSCHWAB FUNDMNTL US LARGECOM ETF
63,626$1.5B0.72%
34
VGTVANGUARD INFORMATION TECHNOLOGY ETF
2,755$1.5B0.72%
35
MSFTMICROSOFT CORP
3,818$1.4B0.69%
36
EEMISHARES MSCI EMERGING MARKETS ETF
32,769$1.4B0.69%
37
NVDANVIDIA CORP
12,589$1.4B0.65%
38
KOTHE COCA-COLA CO
17,646$1.3B0.61%
39
MCDMCDONALDS CORP
4,027$1.3B0.60%
40
SCHWCHARLES SCHWAB CORP
15,982$1.3B0.60%
41
IUSVISHARES CORE S&P US VALUE ETF
13,293$1.2B0.59%
42
4I1PHILIP MORRIS INTL INC
7,342$1.2B0.56%
43
VVVANGUARD LARGE CAP ETF
4,490$1.2B0.55%
44
TFXTELEFLEX INC
7,880$1.1B0.52%
45
ECLECOLAB INC
4,230$1.1B0.51%
46
SCHDSCHWAB US DIVIDEND EQUITY ETF
38,290$1.1B0.51%
47
SHYGISHARES HIGH YIELD CORPORAT BOND ETF
24,600$1.0B0.50%
48
VYMVANGUARD HIGH DIVIDEND YIELD ETF
7,778$1.0B0.48%
49
IWPISHARES RUSSELL MID CAP GROWTH ETF
7,943$933.2M0.45%
50
IWMISHARES RUSSELL 2000 ETF
4,594$916.4M0.44%
51
NFLXNETFLIX INC
943$879.4M0.42%
52
AEPAMERICAN ELEC PWR CO INC
8,028$877.2M0.42%
53
CBZCBIZ INC
11,000$834.5M0.40%
54
XLKTECHNOLOGY SELECT SECTORSPDR ETF
3,814$787.5M0.38%
55
OKEONEOK INC NEW
7,880$781.9M0.38%
56
EFAISHARES MSCI EAFE ETF
9,057$740.2M0.36%
57
LLYELI LILLY AND CO
890$735.1M0.35%
58
EMLPFIRST TRUST NORTH AMERICAN ENERG ETF
19,345$725.2M0.35%
59
JPMJPMORGAN CHASE & CO
2,910$713.7M0.34%
60
SCHBSCHWAB US BROAD MARKET ETF
32,829$706.8M0.34%
61
XOMEXXON MOBIL CORP
5,783$687.8M0.33%
62
HDHOME DEPOT INC
1,854$679.5M0.33%
63
VEAVANGUARD FTSE DEVELOPED MARKETS ETF
12,643$642.6M0.31%
64
PHPARKER-HANNIFIN CORP
1,035$629.1M0.30%
65
GSGOLDMAN SACHS GROUP INC
1,142$623.9M0.30%
66
VWOVANGUARD FTSE EMERGING MARKETS ETF
12,790$578.9M0.28%
67
OBDCBLUE OWL CAP CORP
39,363$577.1M0.28%
68
GOOGALPHABET INC CLASS C
3,679$574.8M0.28%
69
PPGPPG INDS INC
5,204$569.1M0.27%
70
ACWXISHARES MSCI ACWI EX US ETF
9,959$552.2M0.26%
71
BNBROOKFIELD CORP FCLASS A
10,500$550.3M0.26%
72
CSGSCSG SYS INTL INC
9,000$544.2M0.26%
73
GDXVANECK GOLD MINERS ETF
11,752$540.2M0.26%
74
BXBLACKSTONE INC
3,810$532.6M0.26%
75
EPDENTERPRISE PRODS PART LP
14,293$488.0M0.23%
76
QCOMQUALCOMM INC
3,116$478.6M0.23%
77
SPOTSPOTIFY TECHNOLOGY S A F
860$473.0M0.23%
78
CMCSACOMCAST CORP NEW CLASS A
12,726$469.6M0.23%
79
GOOGLALPHABET INC CLASS A
3,027$468.1M0.22%
80
SLRCSLR INVESTMENT CORP
27,520$464.0M0.22%
81
JNJJOHNSON & JOHNSON
2,654$440.1M0.21%
82
VTVVANGUARD VALUE ETF
2,511$433.8M0.21%
83
NOCNORTHROP GRUMMAN CORP
821$420.4M0.20%
84
TCPCBLACKROCK TCP CAP CORP
50,858$407.4M0.20%
85
MRKMERCK & CO. INC.
4,367$392.0M0.19%
86
IWCISHARES MICRO CAP ETF
3,123$346.4M0.17%
87
PFEPFIZER INC
13,425$340.2M0.16%
88
LIILENNOX INTL INC
587$329.2M0.16%
89
ABBVABBVIE INC
1,570$328.9M0.16%
90
WVVIWILLAMETTE VY VINEYARD I
54,800$325.5M0.16%
91
PGPROCTER & GAMBLE CO
1,869$318.5M0.15%
92
SPHQINVESCO S&P 500 QUALITY ETF
4,608$305.7M0.15%
93
MAYSMAYS J W INC
7,326$280.1M0.13%
94
RSPINVESCO S&P 500 EQUAL WEIGHT ETF
1,610$278.9M0.13%
95
WMBWILLIAMS COS INC
4,645$277.6M0.13%
96
MOALTRIA GROUP INC
4,576$274.7M0.13%
97
DBEFXTRACKERS MSCI EAFE HEDGED EQUITY ET
6,331$274.1M0.13%
98
VTVANGUARD TOTAL WORLD STOCK ETF
2,363$274.0M0.13%
99
HONHONEYWELL INTL INC
1,282$271.5M0.13%
100
IYEISHARES US ENERGY ETF
5,500$271.1M0.13%
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