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NCM
Next Capital Management Portfolio holdings
AUM
$330M
1-Year Est. Return
11.54%
This Fund
S&P 500
This Quarter
Est. Return
+3.48%
1 Year Est. Return
+11.54%
3 Year Est. Return
+56.12%
5 Year Est. Return
+59.28%
10 Year Est. Return
–
AUM
$149M
AUM Growth
+$30.9M
(+26%)
Cap. Flow
+$26.9M
Cap. Flow
% of AUM
18.01%
Top 10 Holdings %
Top 10 Hldgs %
44.86%
Holding
907
New
654
Increased
110
Reduced
22
Closed
25
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P 500 ETF
IVV
|
+$4.47M |
| 2 |
Schwab US Large- Cap ETF
SCHX
|
+$2.68M |
| 3 |
AFT
Apollo Senior Floating Rate Fund Inc.
AFT
|
+$1.61M |
| 4 |
JPMorgan Ultra-Short Income ETF
JPST
|
+$1.55M |
| 5 |
iShares Core MSCI EAFE ETF
IEFA
|
+$1.27M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
BGX
Blackstone Long-Short Credit Income Fund
BGX
|
+$1.78M |
| 2 |
FEI
FIRST TRUST MLP AND ENERGY INCOME FUND
FEI
|
+$372K |
| 3 |
DSL
DoubleLine Income Solutions Fund
DSL
|
+$212K |
| 4 |
iShares Micro-Cap ETF
IWC
|
+$128K |
| 5 |
Schwab U.S Small- Cap ETF
SCHA
|
+$121K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 4.92% |
| 2 | Technology | 3.89% |
| 3 | Healthcare | 3.71% |
| 4 | Financials | 3.71% |
| 5 | Industrials | 1.97% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
801
Jacobs Solutions
J
$16B
| $1K | ﹤0.01% |
+17
| New | +$1.1K |
|
802
JetBlue
JBLU
$2.02B
| $1K | ﹤0.01% |
+55
| New | +$984 |
|
|
OPLN
803
Openlane
OPLN
$4.25B
| $1K | ﹤0.01% |
+26
| New | +$560 |
|
804
Kirby Corp
KEX
$7.76B
| $1K | ﹤0.01% |
+13
| New | +$1.04K |
|
805
Kraft Heinz
KHC
$31.1B
| $1K | ﹤0.01% |
+39
| New | +$1.23K |
|
806
Kontoor Brands
KTB
$4.74B
| $1K | ﹤0.01% |
+32
| New | +$951 |
|
807
Lincoln Electric
LECO
$14.1B
| $1K | ﹤0.01% |
+9
| New | +$748 |
|
808
Leggett & Platt
LEG
$1.5B
| $1K | ﹤0.01% |
+19
| New | +$749 |
|
809
Alliant Energy
LNT
$19.1B
| $1K | ﹤0.01% |
+20
| New | +$954 |
|
810
Las Vegas Sands
LVS
$31.6B
| $1K | ﹤0.01% |
+14
| New | +$867 |
|
811
McKesson
MCK
$99.5B
| $1K | ﹤0.01% |
+6
| New | +$748 |
|
812
Pediatrix Medical
MD
$2.15B
| $1K | ﹤0.01% |
+41
| New | +$1.1K |
|
813
Mizuho Financial
MFG
$129B
| $1K | ﹤0.01% |
+375
| New | +$1.11K |
|
814
Mohawk Industries
MHK
$7.05B
| $1K | ﹤0.01% |
+5
| New | +$692 |
|
815
McCormick & Company Non-Voting
MKC
$13.6B
| $1K | ﹤0.01% |
+16
| New | +$1.23K |
|
816
Markel Group
MKL
$25.2B
| $1K | ﹤0.01% |
+1
| New | +$1.05K |
|
817
Monster Beverage
MNST
$93.2B
| $1K | ﹤0.01% |
+32
| New | +$964 |
|
818
ArcelorMittal
MT
$50.9B
| $1K | ﹤0.01% |
+33
| New | +$623 |
|
819
NewMarket
NEU
$7.13B
| $1K | ﹤0.01% |
+2
| New | +$827 |
|
820
NRG Energy
NRG
$28.8B
| $1K | ﹤0.01% |
+15
| New | +$565 |
|
821
Nucor
NUE
$56.4B
| $1K | ﹤0.01% |
+12
| New | +$659 |
|
822
Owens Corning
OC
$11.6B
| $1K | ﹤0.01% |
+17
| New | +$868 |
|
823
Prologis
PLD
$137B
| $1K | ﹤0.01% |
+18
| New | +$1.37K |
|
824
Power Integrations
POWI
$3.53B
| $1K | ﹤0.01% |
+24
| New | +$877 |
|
825
QuidelOrtho
QDEL
$1.15B
| $1K | ﹤0.01% |
+15
| New | +$900 |
|
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APWM
PWM
AV
RWP
BAM
HLAM
Next Capital Management's Q2 2019 Portfolio in Review
As of Q2 2019, Next Capital Management held 907 positions worth $149M, up 26% from $118M the previous quarter. Its ten largest holdings account for 45% of the portfolio.
Next Capital Management deployed $26.9M of net new capital in Q2 2019, opening 654 new positions and adding to 110 existing holdings. Its largest new stake was Nuveen New Jersey Quality Municipal Income Fund: 17,550 shares worth $247K.
By sector, the portfolio is most concentrated in Communication Services at 4.9% of assets, up from 4.6% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was FIRST TRUST MLP AND ENERGY INCOME FUND, an estimated $372K trimmed.
- Next Capital Management's largest Q2 2019 buy was Nuveen New Jersey Quality Municipal Income Fund: 17,550 shares worth $247K.
- Next Capital Management added most to iShares Core S&P 500 ETF in Q2 2019, an estimated $4.47M increase.
- Next Capital Management's biggest Q2 2019 reduction was FIRST TRUST MLP AND ENERGY INCOME FUND, cutting an estimated $372K.
- Next Capital Management fully exited Blackstone Long-Short Credit Income Fund in Q2 2019, selling an estimated $1.78M.
- Next Capital Management's ten largest holdings make up 45% of its $149M portfolio in Q2 2019.
- Next Capital Management opened 654 new positions and closed 25 in Q2 2019.
- Next Capital Management's portfolio value rose 26% quarter-over-quarter to $149M.
Based on Next Capital Management's 13F filing for Q2 2019, filed 2 Aug 2019.