Next Capital Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P 500 ETF
IVV
|
+$3.05M |
| 2 |
Kayne Anderson Energy Infrastructure Fund
KYN
|
+$1.7M |
| 3 |
BlackRock Floating Rate Income Strategies Fund
FRA
|
+$815K |
| 4 |
BRW
Saba Capital Income & Opportunities Fund
BRW
|
+$764K |
| 5 |
iShares Russell 2000 Value ETF
IWN
|
+$521K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Schwab US Large- Cap ETF
SCHX
|
+$7.88M |
| 2 |
Tortoise North American Pipeline ETF
TPYP
|
+$2.13M |
| 3 |
iShares Core MSCI EAFE ETF
IEFA
|
+$1.92M |
| 4 |
Vanguard FTSE Developed Markets ETF
VEA
|
+$1.58M |
| 5 |
JPMorgan Ultra-Short Income ETF
JPST
|
+$1.27M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 7.35% |
| 2 | Communication Services | 5.07% |
| 3 | Financials | 3.4% |
| 4 | Technology | 1.95% |
| 5 | Industrials | 1.28% |
Similar funds
Next Capital Management's Q4 2019 Portfolio in Review
As of Q4 2019, Next Capital Management held 264 positions worth $140M, down 6.3% from $149M the previous quarter. Its ten largest holdings account for 47% of the portfolio.
Next Capital Management withdrew a net $10.4M in Q4 2019, closing 172 positions and reducing 36 holdings. Its most notable exit was iShares Russell 2000 ETF, an estimated $891K position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 7.3% of assets, up from 6.6% a quarter earlier, followed by Communication Services and Financials.
Against the trend, Next Capital Management opened a new position in iShares Russell 2000 Value ETF worth $659K.
- Next Capital Management's largest Q4 2019 buy was iShares Russell 2000 Value ETF: 4,214 shares worth $659K.
- Next Capital Management added most to iShares Core S&P 500 ETF in Q4 2019, an estimated $3.05M increase.
- Next Capital Management's biggest Q4 2019 reduction was Schwab US Large- Cap ETF, cutting an estimated $7.88M.
- Next Capital Management fully exited iShares Russell 2000 ETF in Q4 2019, selling an estimated $891K.
- Next Capital Management's ten largest holdings make up 47% of its $140M portfolio in Q4 2019.
- Next Capital Management opened 7 new positions and closed 172 in Q4 2019.
- Next Capital Management's portfolio value fell 6.3% quarter-over-quarter to $140M.
Based on Next Capital Management's 13F filing for Q4 2019, filed 12 Feb 2020.