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NEPC LLC Portfolio holdings
AUM
$5.36B
Turnover
3.77%
1-Year Est. Return
7.83%
NEPC is an investment consulting firm that helps governments, institutions, families and individuals grow and preserve their capital across different asset classes. Richard Charlton, its founder and chairman emeritus, started the firm in 1986. It generally does not manage portfolios of individual stocks or bonds; it gives customized advice that often includes recommending outside investment managers. Its clients include corporations, healthcare organizations and public entities such as states and localities, as well as high net worth families. Hightower Holding has been its principal owner since January 2025.
This Fund
S&P 500
This Quarter Est. Return
+4.01%
1 Year Est. Return
+7.83%
3 Year Est. Return
+21.25%
5 Year Est. Return
+17.48%
10 Year Est. Return
–
AUM
$5.36B
AUM Growth
+$335M
(+6.7%)
Cap. Flow
+$145M
Cap. Flow % of AUM
Cap. Flow %
2.7%
Top 10 Holdings %
Top 10 Hldgs %
75.08%
Holding
53
New
2
Increased
16
Reduced
16
Closed
–
Avg Time Held
3.4
years
Top 10 Avg Time Held
2.3
years
Top 20 Avg Time Held
2.4
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$85M |
| 2 |
State Street SPDR Portfolio Corporate Bond Index ETF
SPBO
|
+$27.4M |
| 3 |
Vanguard Long-Term Treasury ETF
VGLT
|
+$25.1M |
| 4 |
Vanguard Total Corporate Bond ETF
VTC
|
+$20M |
| 5 |
Vanguard Intermediate-Term Treasury ETF
VGIT
|
+$20M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard S&P 500 ETF
VOO
|
+$24.2M |
| 2 |
Vanguard FTSE Developed Markets ETF
VEA
|
+$13.1M |
| 3 |
Vanguard Total World Stock ETF
VT
|
+$12.4M |
| 4 |
Vanguard Morningstar Value ETF
VTV
|
+$11.8M |
| 5 |
Vanguard Extended Market ETF
VXF
|
+$4.91M |
Sector Composition
| Rank | Sector | Weight |
|---|
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
26
State Street SPDR Portfolio High Yield Bond Index ETF
SPHY
$12B
| $17.6M | 0.33% |
750,656
+420,424
| +127% | +$9.9M |
2023 Q3
11 quarters
|
|
27
iShares Core MSCI Emerging Markets ETF
IEMG
$146B
| $15.2M | 0.28% |
183,589
+1
| +0% | +$80 |
2023 Q2
12 quarters
|
|
28
iShares Russell 2000 ETF
IWM
$78.5B
| $13.7M | 0.26% |
45,557
-5,367
| -11% | -$1.51M |
2019 Q4
26 quarters
|
|
29
JLens 500 Jewish Advocacy U.S. ETF
TOV
$278M
| $12.8M | 0.24% |
404,606
-26,504
| -6% | -$810K |
2025 Q1
5 quarters
|
|
30
iShares MSCI EAFE ETF
EFA
$77.9B
| $11.3M | 0.21% |
108,493
-12,889
| -11% | -$1.33M |
2019 Q4
26 quarters
|
|
31
iShares Core S&P 500 ETF
IVV
$873B
| $10.4M | 0.19% |
13,913
+31
| +0.2% | +$22.6K |
2019 Q4
26 quarters
|
|
32
iShares Currency Hedged MSCI EAFE ETF
HEFA
$7.65B
| $9.6M | 0.18% |
204,177
-36,973
| -15% | -$1.66M |
2019 Q4
26 quarters
|
|
33
iShares ESG Aware US Aggregate Bond ETF
EAGG
$5.11B
| $6.2M | 0.12% |
130,692
| – | – |
2023 Q2
12 quarters
|
|
34
iShares Core S&P Mid-Cap ETF
IJH
$125B
| $5.84M | 0.11% |
75,763
+148
| +0.2% | +$10.9K |
2019 Q4
26 quarters
|
|
35
iShares Core S&P Small-Cap ETF
IJR
$107B
| $5.03M | 0.09% |
33,886
+83
| +0.2% | +$11.4K |
2019 Q4
26 quarters
|
|
36
iShares MSCI Israel ETF
EIS
$829M
| $4.41M | 0.08% |
36,534
+5,465
| +18% | +$699K |
2019 Q4
26 quarters
|
|
37
iShares Core S&P Total US Stock Market ETF
ITOT
$95.4B
| $4.12M | 0.08% |
25,076
| – | – |
2025 Q1
5 quarters
|
|
38
Vanguard Short-Term Inflation-Protected Securities Index Fund
VTIP
$21.1B
| $3.29M | 0.06% |
65,564
| – | – |
2021 Q1
21 quarters
|
|
39
State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF
EFAX
$490M
| $2.88M | 0.05% |
53,260
| – | – |
2025 Q3
3 quarters
|
|
40
iShares MSCI Emerging Markets ETF
EEM
$28.3B
| $2.47M | 0.05% |
36,131
-21,822
| -38% | -$1.43M |
2019 Q4
26 quarters
|
|
41
iShares US Real Estate ETF
IYR
$4.02B
| $2.29M | 0.04% |
22,426
+108
| +0.5% | +$11K |
2019 Q4
26 quarters
|
|
42
iShares ESG Aware MSCI USA ETF
ESGU
$17.7B
| $2.28M | 0.04% |
13,905
| – | – |
2024 Q4
6 quarters
|
|
43
iShares ESG Optimized MSCI USA ETF
SUSA
$4.02B
| $1.53M | 0.03% |
9,903
| – | – |
2021 Q1
21 quarters
|
|
44
iShares ESG Aware MSCI EAFE ETF
ESGD
$12B
| $1.37M | 0.03% |
13,340
| – | – |
2024 Q4
6 quarters
|
|
45
Xtrackers S&P 500 ESG ETF
SNPE
$2.84B
| $637K | 0.01% |
9,245
| – | – |
2024 Q4
6 quarters
|
|
46
Vanguard FTSE All-World ex-US Small-Cap Index Fund
VSS
$11.1B
| $427K | 0.01% |
2,768
-8,114
| -75% | -$1.27M |
2024 Q4
6 quarters
|
|
47
iShares US Aerospace & Defense ETF
ITA
$12.2B
| $242K | ﹤0.01% |
+3,000
| New | +$228K |
2026 Q2
0 quarters
|
|
48
State Street SPDR Portfolio S&P 500 ETF
SPYM
$183B
| $122K | ﹤0.01% |
1,387
-51
| -4% | -$4.35K |
2025 Q4
2 quarters
|
|
49
Vanguard Total International Stock ETF
VXUS
$163B
| $64.9K | ﹤0.01% |
759
-62
| -8% | -$5.19K |
2025 Q4
2 quarters
|
|
50
iShares Core US Aggregate Bond ETF
AGG
$139B
| $35.8K | ﹤0.01% |
+362
| New | +$35.8K |
2026 Q2
0 quarters
|
|
Similar funds
NEPC LLC's Q2 2026 Portfolio in Review
As of Q2 2026, NEPC LLC held 53 positions worth $5.36B, up 6.7% from $5.02B the previous quarter. Its ten largest holdings account for 75% of the portfolio.
Trading was light in Q2 2026: portfolio turnover was 3.8%. NEPC LLC opened 2 new positions and made no exits, leaving the 53-position portfolio largely intact.
- NEPC LLC's largest Q2 2026 buy was iShares US Aerospace & Defense ETF: 3,000 shares worth $242K.
- NEPC LLC added most to Vanguard Intermediate-Term Corporate Bond ETF in Q2 2026, an estimated $85M increase.
- NEPC LLC's biggest Q2 2026 reduction was Vanguard S&P 500 ETF, cutting an estimated $24.2M.
- NEPC LLC's ten largest holdings make up 75% of its $5.36B portfolio in Q2 2026.
- NEPC LLC opened 2 new positions and closed 0 in Q2 2026.
- NEPC LLC's portfolio value rose 6.7% quarter-over-quarter to $5.36B.
Based on NEPC LLC's 13F filing for Q2 2026, filed 14 Aug 2026.