We are live on
!
Find out more
NCM
Next Capital Management Portfolio holdings
AUM
$330M
1-Year Est. Return
11.54%
This Fund
S&P 500
This Quarter
Est. Return
-15.68%
1 Year Est. Return
+11.54%
3 Year Est. Return
+56.12%
5 Year Est. Return
+59.28%
10 Year Est. Return
–
AUM
$138M
AUM Growth
-$10.5M
(-7.1%)
Cap. Flow
+$16.1M
Cap. Flow
% of AUM
11.7%
Top 10 Holdings %
Top 10 Hldgs %
42.04%
Holding
129
New
12
Increased
60
Reduced
9
Closed
13
Top Buys
| 1 |
BGX
Blackstone Long-Short Credit Income Fund
BGX
|
+$2.87M |
| 2 |
JSD
NUVEEN SHORT DURATION CREDIT OPPORTUNITIES FUND
JSD
|
+$2.55M |
| 3 |
AFT
Apollo Senior Floating Rate Fund Inc.
AFT
|
+$2.11M |
| 4 |
Blue Owl Capital
OBDC
|
+$1.86M |
| 5 |
iShares Core S&P 500 ETF
IVV
|
+$1.63M |
Top Sells
| 1 |
JRO
Nuveen Floating Rate Income Opportunty Fund
JRO
|
+$2.43M |
| 2 |
iShares US Energy ETF
IYE
|
+$1.71M |
| 3 |
ExxonMobil
XOM
|
+$1.02M |
| 4 |
Nuveen New York AMT-Free Quality Municipal Income Fund
NRK
|
+$619K |
| 5 |
RIV
RiverNorth Opportunities Fund
RIV
|
+$418K |
Sector Composition
| 1 | Financials | 10.47% |
| 2 | Technology | 5.18% |
| 3 | Consumer Discretionary | 4.24% |
| 4 | Healthcare | 3.82% |
| 5 | Communication Services | 2.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
iShares Core S&P 500 ETF
IVV
$891B
| $15.2M | 11.03% |
40,043
+3,970
| +11% | +$1.63M |
|
2
Invesco QQQ Trust
QQQ
$473B
| $7.97M | 5.79% |
28,440
+1,368
| +5% | +$425K |
|
3
State Street Financial Select Sector SPDR ETF
XLF
$55.3B
| $7.72M | 5.61% |
245,644
-59
| -0% | -$2.04K |
|
4
State Street Health Care Select Sector SPDR ETF
XLV
$41.5B
| $5.15M | 3.74% |
40,184
+3,140
| +8% | +$412K |
|
|
AFT
5
DELISTED
Apollo Senior Floating Rate Fund Inc.
AFT
| $4.73M | 3.44% |
368,523
+154,003
| +72% | +$2.11M |
|
6
Apple
AAPL
$4.89T
| $4.56M | 3.31% |
33,356
+123
| +0.4% | +$18.6K |
|
7
Golub Capital BDC
GBDC
$3.47B
| $3.65M | 2.65% |
281,398
+38,616
| +16% | +$553K |
|
8
Vanguard Total Stock Market ETF
VTI
$664B
| $3.49M | 2.54% |
18,518
| – | – |
|
9
Schwab US Large- Cap ETF
SCHX
$72.4B
| $2.76M | 2% |
185,355
-8,187
| -4% | -$133K |
|
|
BGX
10
Blackstone Long-Short Credit Income Fund
BGX
$137M
| $2.64M | 1.92% |
+229,604
| New | +$2.87M |
|
|
BGB
11
Blackstone Strategic Credit 2027 Term Fund
BGB
$506M
| $2.46M | 1.79% |
220,257
+127,980
| +139% | +$1.54M |
|
12
Berkshire Hathaway Class B
BRK.B
$1.06T
| $2.46M | 1.78% |
8,995
+24
| +0.3% | +$7.53K |
|
|
NSL
13
DELISTED
NUVEEN SENIOR INCM FD
NSL
| $2.39M | 1.73% |
498,538
+275,046
| +123% | +$1.42M |
|
|
JSD
14
DELISTED
NUVEEN SHORT DURATION CREDIT OPPORTUNITIES FUND
JSD
| $2.36M | 1.72% |
+196,352
| New | +$2.55M |
|
15
Tesla
TSLA
$1.47T
| $2.33M | 1.69% |
10,362
+18
| +0.2% | +$4.91K |
|
16
Teleflex
TFX
$5.99B
| $2.31M | 1.67% |
9,312
+2
| +0% | +$583 |
|
|
17
PUT
Tesla
TSLA
$1.47T
| $2.29M | 1.66% |
10,200
| – | – |
|
|
BRW
18
Saba Capital Income & Opportunities Fund
BRW
$340M
| $2.26M | 1.65% |
282,001
-2,789
| -1% | -$23.3K |
|
19
Schwab U.S Small- Cap ETF
SCHA
$22.8B
| $2.23M | 1.62% |
114,448
-1,048
| -0.9% | -$22.4K |
|
|
20
Blue Owl Capital
OBDC
$5.55B
| $2.19M | 1.6% |
176,877
+135,622
| +329% | +$1.86M |
|
21
iShares Core S&P Small-Cap ETF
IJR
$111B
| $1.95M | 1.42% |
21,141
+580
| +3% | +$57.7K |
|
22
Meta Platforms (Facebook)
META
$1.69T
| $1.82M | 1.32% |
11,290
+20
| +0.2% | +$3.86K |
|
23
iShares Core MSCI EAFE ETF
IEFA
$187B
| $1.69M | 1.23% |
28,709
+3,373
| +13% | +$216K |
|
24
iShares Russell 1000 Value ETF
IWD
$82.4B
| $1.69M | 1.23% |
11,649
+824
| +8% | +$129K |
|
25
JPMorgan Chase
JPM
$912B
| $1.57M | 1.14% |
13,916
+26
| +0.2% | +$3.22K |
|
Similar funds
ML
PCM
APWM
PWM
AV
GWMT
RWP
BAM
Next Capital Management's Q2 2022 Portfolio in Review
As of Q2 2022, Next Capital Management held 129 positions worth $138M, down 7.1% from $148M the previous quarter. Its ten largest holdings account for 42% of the portfolio.
Next Capital Management deployed $16.1M of net new capital in Q2 2022, opening 12 new positions and adding to 60 existing holdings. Its largest new stake was Blackstone Long-Short Credit Income Fund: 229,604 shares worth $2.64M.
By sector, the portfolio is most concentrated in Financials at 10% of assets, up from 8.5% a quarter earlier, followed by Technology and Consumer Discretionary.
On the sell side, the largest reduction was iShares US Energy ETF, an estimated $1.71M trimmed.
- Next Capital Management's largest Q2 2022 buy was Blackstone Long-Short Credit Income Fund: 229,604 shares worth $2.64M.
- Next Capital Management added most to Apollo Senior Floating Rate Fund Inc. in Q2 2022, an estimated $2.11M increase.
- Next Capital Management's biggest Q2 2022 reduction was iShares US Energy ETF, cutting an estimated $1.71M.
- Next Capital Management fully exited Nuveen Floating Rate Income Opportunty Fund in Q2 2022, selling an estimated $2.43M.
- Next Capital Management's ten largest holdings make up 42% of its $138M portfolio in Q2 2022.
- Next Capital Management opened 12 new positions and closed 13 in Q2 2022.
- Next Capital Management's portfolio value fell 7.1% quarter-over-quarter to $138M.
Based on Next Capital Management's 13F filing for Q2 2022, filed 20 Jul 2022.