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)

#	Stock	Shares	Value	% Portfolio	Type
101	TRSTRIMAS CORP	11,500	$269.4M	0.13%
102	UNHUNITEDHEALTH GROUP INC	514	$269.2M	0.13%
103	EWGISHARES MSCI GERMANY ETF	7,175	$266.0M	0.13%
104	TRVTRAVELERS COS INC	1,004	$265.5M	0.13%
105	MDLZMONDELEZ INTL INC CLASS A	3,656	$248.1M	0.12%
106	VVISA INC CLASS A	683	$239.5M	0.11%
107	BKNGBOOKING HLDGS INC	51	$235.0M	0.11%
108	SCHMSCHWAB STRATEGI/US MID-CAP ETF	8,097	$212.1M	0.10%
109	IJSISHARES S&P SMALL CAP 600 ETF	2,098	$204.5M	0.10%
110	CVXCHEVRON CORP NEW	1,213	$203.0M	0.10%
111	0VVBPARAMOUNT GLOBAL B MERGER ELECTION EXP: 04/03/25	15,550	$186.0M	0.09%
112	ETENERGY TRANSFER L P LP	8,708	$161.9M	0.08%
113	—WISE PLC ORDF	11,116	$135.9M	0.07%
114	ZGNERMENEGILDO ZEGNA N V F	18,275	$135.2M	0.06%
115	SONYSONY GROUP CORP FSPONSORED ADR 1 ADR REPS 1 ORD SHS	3,685	$93.6M	0.04%
116	ETWOGBPE2OPEN PARENT HLDGS INC CLASS A	14,587	$29.2M	0.01%
117	CRMLCRITICAL METALS CORP. F	19,982	$27.8M	0.01%
118	CYDYCYTODYN INC	32,500	$7.5M	0.00%

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