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NCM
Next Capital Management Portfolio holdings
AUM
$370M
1-Year Est. Return
13.07%
This Fund
S&P 500
This Quarter
Est. Return
+7.84%
1 Year Est. Return
+13.07%
3 Year Est. Return
+61.26%
5 Year Est. Return
+63.83%
10 Year Est. Return
–
AUM
$216M
AUM Growth
+$8.83M
(+4.3%)
Cap. Flow
-$5.98M
Cap. Flow
% of AUM
-2.77%
Top 10 Holdings %
Top 10 Hldgs %
50.04%
Holding
130
New
3
Increased
28
Reduced
27
Closed
13
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P 500 ETF
IVV
|
+$2.41M |
| 2 |
SCHW
Charles Schwab
SCHW
|
+$1.33M |
| 3 |
iShares MSCI Emerging Markets ETF
EEM
|
+$1.02M |
| 4 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$750K |
| 5 |
iShares Core MSCI EAFE ETF
IEFA
|
+$697K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares 0-5 Year High Yield Corporate Bond ETF
SHYG
|
+$3.37M |
| 2 |
State Street Financial Select Sector SPDR ETF
XLF
|
+$2.8M |
| 3 |
Amazon
AMZN
|
+$1.74M |
| 4 |
iShares S&P 500 Growth ETF
IVW
|
+$958K |
| 5 |
Danaher
DHR
|
+$562K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 54.79% |
| 2 | Financials | 23.59% |
| 3 | Consumer Discretionary | 7.66% |
| 4 | Technology | 4.31% |
| 5 | Communication Services | 3.48% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Blue Owl Capital
OBDC
$5.62B
| $24.5M | 11.36% |
1,824,059
-25,668
| -1% | -$336K |
|
|
2
iShares Core S&P 500 ETF
IVV
$889B
| $21.9M | 10.13% |
49,114
+5,730
| +13% | +$2.41M |
|
3
Golub Capital BDC
GBDC
$3.38B
| $13.2M | 6.11% |
977,333
+13,998
| +1% | +$186K |
|
|
4
Amazon
AMZN
$2.79T
| $11M | 5.11% |
84,701
-15,203
| -15% | -$1.74M |
|
5
Invesco QQQ Trust
QQQ
$489B
| $9.23M | 4.27% |
24,987
-638
| -2% | -$215K |
|
6
State Street Health Care Select Sector SPDR ETF
XLV
$44.1B
| $7.01M | 3.25% |
52,842
-898
| -2% | -$118K |
|
7
Apple
AAPL
$4.67T
| $6.69M | 3.1% |
34,511
-409
| -1% | -$71.3K |
|
8
Meta Platforms (Facebook)
META
$1.57T
| $4.93M | 2.28% |
17,190
-154
| -0.9% | -$38K |
|
|
AFT
9
DELISTED
Apollo Senior Floating Rate Fund Inc.
AFT
| $4.8M | 2.22% |
371,902
-6,573
| -2% | -$82.6K |
|
|
10
State Street Financial Select Sector SPDR ETF
XLF
$55.5B
| $4.76M | 2.2% |
141,256
-85,892
| -38% | -$2.8M |
|
|
11
iShares Core MSCI EAFE ETF
IEFA
$196B
| $4.73M | 2.19% |
70,087
+10,279
| +17% | +$697K |
|
12
iShares Russell 1000 Growth ETF
IWF
$126B
| $4.54M | 2.1% |
65,940
+640
| +1% | +$40.7K |
|
13
Vanguard Morningstar Total Stock Market ETF
VTI
$688B
| $4.12M | 1.91% |
18,710
| – | – |
|
|
SCHW
14
Charles Schwab
SCHW
$189B
| $3.56M | 1.65% |
62,847
+25,381
| +68% | +$1.33M |
|
15
Schwab US Large- Cap ETF
SCHX
$74.4B
| $3.38M | 1.57% |
193,788
-1,632
| -0.8% | -$26.9K |
|
|
BGX
16
Blackstone Long-Short Credit Income Fund
BGX
$136M
| $3.36M | 1.56% |
296,321
+13,652
| +5% | +$149K |
|
|
17
iShares S&P 500 Growth ETF
IVW
$77.1B
| $3.29M | 1.52% |
46,673
-14,485
| -24% | -$958K |
|
18
iShares Core S&P Small-Cap ETF
IJR
$110B
| $2.97M | 1.38% |
29,820
+1,504
| +5% | +$143K |
|
19
Tesla
TSLA
$1.4T
| $2.96M | 1.37% |
11,294
-135
| -1% | -$27K |
|
20
iShares Russell 1000 Value ETF
IWD
$84.2B
| $2.93M | 1.36% |
18,582
-808
| -4% | -$124K |
|
21
Berkshire Hathaway Class B
BRK.B
$1.08T
| $2.73M | 1.26% |
8,006
+248
| +3% | +$80.9K |
|
|
BGB
22
Blackstone Strategic Credit 2027 Term Fund
BGB
$500M
| $2.66M | 1.23% |
243,125
-7,480
| -3% | -$79.8K |
|
|
JSD
23
DELISTED
NUVEEN SHORT DURATION CREDIT OPPORTUNITIES FUND
JSD
| $2.5M | 1.16% |
215,984
| – | – |
|
24
Schwab U.S Small- Cap ETF
SCHA
$22.9B
| $2.32M | 1.07% |
105,804
+928
| +0.9% | +$19.3K |
|
25
Teleflex
TFX
$5.86B
| $2.25M | 1.04% |
9,314
| – | – |
|
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Next Capital Management's Q2 2023 Portfolio in Review
As of Q2 2023, Next Capital Management held 130 positions worth $216M, up 4.3% from $207M the previous quarter. Its ten largest holdings account for 50% of the portfolio.
Next Capital Management's Q2 2023 filing shows 3 new, 28 increased, 27 reduced and 13 closed positions. Its largest new stake was iShares MSCI Emerging Markets ETF: 25,957 shares worth $1.03M. The largest sale was iShares 0-5 Year High Yield Corporate Bond ETF, an estimated $3.37M.
By sector, the portfolio is most concentrated in Miscellaneous at 55% of assets, down from 56% a quarter earlier, followed by Financials and Consumer Discretionary.
- Next Capital Management's largest Q2 2023 buy was iShares MSCI Emerging Markets ETF: 25,957 shares worth $1.03M.
- Next Capital Management added most to iShares Core S&P 500 ETF in Q2 2023, an estimated $2.41M increase.
- Next Capital Management's biggest Q2 2023 reduction was iShares 0-5 Year High Yield Corporate Bond ETF, cutting an estimated $3.37M.
- Next Capital Management fully exited Danaher in Q2 2023, selling an estimated $562K.
- Next Capital Management's ten largest holdings make up 50% of its $216M portfolio in Q2 2023.
- Next Capital Management opened 3 new positions and closed 13 in Q2 2023.
- Next Capital Management's portfolio value rose 4.3% quarter-over-quarter to $216M.
Based on Next Capital Management's 13F filing for Q2 2023, filed 27 Jul 2023.