Next Capital Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street Financial Select Sector SPDR ETF
XLF
|
+$2.7M |
| 2 |
State Street Health Care Select Sector SPDR ETF
XLV
|
+$2.61M |
| 3 |
Apple
AAPL
|
+$2.32M |
| 4 |
Invesco QQQ Trust
QQQ
|
+$1.51M |
| 5 |
McDonald's
MCD
|
+$989K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
JPMorgan Ultra-Short Income ETF
JPST
|
+$10.9M |
| 2 |
BRW
Saba Capital Income & Opportunities Fund
BRW
|
+$7.17M |
| 3 |
ProShares Short S&P500
SH
|
+$5.71M |
| 4 |
ProShares Short Russell2000
RWM
|
+$2.38M |
| 5 |
iShares Core S&P 500 ETF
IVV
|
+$1.82M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 9.47% |
| 2 | Financials | 7.25% |
| 3 | Technology | 6.32% |
| 4 | Communication Services | 5.33% |
| 5 | Consumer Staples | 2.61% |
Similar funds
Next Capital Management's Q4 2020 Portfolio in Review
As of Q4 2020, Next Capital Management held 120 positions worth $142M, down 5.4% from $150M the previous quarter. Its ten largest holdings account for 41% of the portfolio.
Next Capital Management withdrew a net $23M in Q4 2020, closing 9 positions and reducing 30 holdings. Its most notable exit was ProShares Short Russell2000, an estimated $2.38M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 9.5% of assets, up from 6.4% a quarter earlier, followed by Financials and Technology.
Against the trend, Next Capital Management opened a new position in State Street Health Care Select Sector SPDR ETF worth $2.71M.
- Next Capital Management's largest Q4 2020 buy was State Street Health Care Select Sector SPDR ETF: 23,925 shares worth $2.71M.
- Next Capital Management added most to State Street Financial Select Sector SPDR ETF in Q4 2020, an estimated $2.7M increase.
- Next Capital Management's biggest Q4 2020 reduction was JPMorgan Ultra-Short Income ETF, cutting an estimated $10.9M.
- Next Capital Management fully exited ProShares Short Russell2000 in Q4 2020, selling an estimated $2.38M.
- Next Capital Management's ten largest holdings make up 41% of its $142M portfolio in Q4 2020.
- Next Capital Management opened 22 new positions and closed 9 in Q4 2020.
- Next Capital Management's portfolio value fell 5.4% quarter-over-quarter to $142M.
Based on Next Capital Management's 13F filing for Q4 2020, filed 27 Jan 2021.