Investor
Next Capital Management LLC
CIK 0001752762 · filed 2026-05-07 · SEC filing
13F book
$330.2M
Positions
134
15 new · 17 sold
Largest name
14.0%
Ishares Tr
Est. mark
−$17.3M
Price effect on 119 names still held. Flow $35.1M.
| Name | Ticker | Shares | Value | Weight | Est. mark | Change |
|---|---|---|---|---|---|---|
| Ishares Tr | — | 70.6K | $46.1M | 14.0% | −$2.22M | Added−$1.72M |
| Midcap Financial Invstmnt Co | — | 1.87M | $21M | 6.4% | −$296.9K | Added$4.06M |
| Blue Owl Capital Corporation | — | 1.42M | $15.8M | 4.8% | −$267.4K | Added$13.3M |
| Ishares Tr | — | 159.8K | $14.5M | 4.4% | $156.2K | Added$1.4M |
| Invesco Qqq Tr | — | 20.1K | $11.6M | 3.5% | −$745.8K | Cut−$1.56M |
| BlackRock TCP Capital Corp. | TCPC | 3.05M | $11M | 3.3% | −$4.99M | Added−$3.67M |
| Ishares Inc | — | 151.5K | $10.6M | 3.2% | $360.3K | Added$994.8K |
| Vanguard Index Fds | — | 31.2K | $10M | 3.0% | −$436.3K | Added−$120K |
| Meta Platforms, Inc. | META | 16.3K | $9.32M | 2.8% | −$1.43M | Cut−$1.64M |
| Ishares Tr | — | 21.4K | $9.12M | 2.8% | −$1M | Cut−$1.04M |
| Amazon Com Inc | AMZN | 42.6K | $8.88M | 2.7% | −$961.8K | Cut−$1.55M |
| Ishares Tr | — | 67.9K | $7.68M | 2.3% | −$663.5K | Added−$379.4K |
| Golub Cap Bdc Inc | — | 567.2K | $7.18M | 2.2% | −$222.2K | Added$3.87M |
| Apple Inc. | AAPL | 26.6K | $6.76M | 2.0% | −$481.1K | Cut−$949.6K |
| Ishares Tr | — | 92.2K | $6.22M | 1.9% | $123.6K | Added$894.6K |
| Ishares Tr | — | 49.7K | $6.18M | 1.9% | $194K | Added$538.9K |
| Ishares Tr | — | 28.1K | $6M | 1.8% | $85.6K | Added$595.4K |
| Vanguard Index Fds | — | 8.53K | $5.1M | 1.5% | −$249.2K | Added−$192.4K |
| Kkr & Co Inc | — | 47.8K | $4.42M | 1.3% | −$709.1K | Added$1.83M |
| Spdr S&P 500 Etf Tr | — | 6.76K | $4.4M | 1.3% | −$195.3K | Added$171.7K |
| Ishares Tr | — | 12K | $4.26M | 1.3% | −$202K | Added−$200.6K |
| Berkshire Hathaway Inc Del | — | 8.35K | $4M | 1.2% | −$194.2K | Added−$164K |
| Nvidia Corp | NVDA | 22.6K | $3.94M | 1.2% | −$273.2K | Cut−$709.3K |
| Schwab Strategic Tr | — | 128K | $3.57M | 1.1% | $76.9K | Added$293.4K |
| Vanguard Specialized Funds | — | 14.6K | $3.14M | 1.0% | −$63.2K | Added$207.2K |
| Schwab Strategic Tr | — | 107.9K | $3.14M | 0.9% | $64.7K | Cut−$255.7K |
| Schwab Strategic Tr | — | 114.1K | $2.93M | 0.9% | −$144.3K | Added−$132.6K |
| Invesco Exch Traded Fd Tr Ii | — | 11.1K | $2.65M | 0.8% | −$170.5K | Cut−$177.3K |
| Select Sector Spdr Tr | — | 18K | $2.64M | 0.8% | −$147K | Added−$141.8K |
| Blackstone Inc. | BX | 22.3K | $2.57M | 0.8% | −$178.5K | Added$1.86M |
| Apollo Global Mgmt Inc | — | 21.9K | $2.44M | 0.7% | −$58.6K | Added$2.18M |
| Vanguard Growth Etf | — | 5.07K | $2.21M | 0.7% | −$252.4K | Added−$197.8K |
| Salesforce, Inc. | CRM | 11.3K | $2.12M | 0.6% | — | New |
| Microsoft Corp | MSFT | 5.65K | $2.09M | 0.6% | −$477.7K | Added$55.8K |
| Ishares Tr | — | 36.6K | $2.08M | 0.6% | $72.5K | Added$171.9K |
| Ishares Tr | — | 19.6K | $2M | 0.6% | −$5.66K | Cut−$89.8K |
| Vanguard World Fd | — | 2.77K | $1.93M | 0.6% | −$155.5K | Held |
| Alphabet Inc | — | 6.68K | $1.92M | 0.6% | −$165.6K | Added−$118.5K |
| Alphabet Inc | — | 6.36K | $1.82M | 0.6% | −$171.4K | Cut−$179.5K |
| Select Sector Spdr Tr | — | 34.5K | $1.7M | 0.5% | −$177.7K | Added−$98.5K |
| Eli Lilly & Co | LLY | 1.77K | $1.63M | 0.5% | −$273.9K | Held |
| Vanguard Index Fds | — | 5.38K | $1.61M | 0.5% | −$71.9K | Added$187.2K |
| Schwab Charles Corp | — | 16.9K | $1.59M | 0.5% | −$96.8K | Added−$40.4K |
| Ishares Tr | — | 11.6K | $1.49M | 0.5% | −$81.4K | Added$226.2K |
| Kraneshares Trust | — | 49K | $1.39M | 0.4% | −$275.5K | Held |
| Johnson & Johnson | JNJ | 5.53K | $1.35M | 0.4% | $207.3K | Cut$194.5K |
| Goldman Sachs Group Inc | — | 1.53K | $1.3M | 0.4% | −$46.7K | Added$54.8K |
| Vanguard Index Fds | — | 5.02K | $1.29M | 0.4% | −$109.4K | Held |
| Coca Cola Co | KO | 16.6K | $1.26M | 0.4% | $100.6K | Added$117.7K |
| Schwab Strategic Tr | — | 40.9K | $1.26M | 0.4% | $131.2K | Added$147.8K |
| Vanguard Whitehall Fds | — | 8.19K | $1.21M | 0.4% | $35.6K | Added$97.1K |
| Ishares Tr | — | 12K | $1.17M | 0.4% | $11.3K | Added$185.4K |
| Ishares Tr | — | 4.55K | $1.13M | 0.3% | $8.29K | Added$35.6K |
| Select Sector Spdr Tr | — | 8.38K | $1.11M | 0.3% | −$92.4K | Added−$88.5K |
| J P Morgan Exchange Traded F | — | 21.6K | $1.09M | 0.3% | $422 | Cut−$554.2K |
| MongoDB, Inc. | MDB | 4.38K | $1.07M | 0.3% | −$736.8K | Added−$694.4K |
| Vanguard Tax-Managed Fds | — | 16.7K | $1.07M | 0.3% | $25.8K | Added$72.3K |
| Tpg Inc | — | 26K | $1.05M | 0.3% | — | New |
| Exxon Mobil Corp | — | 5.74K | $973K | 0.3% | $273.5K | Added$305.7K |
| Jpmorgan Chase & Co. | — | 3.29K | $968.6K | 0.3% | −$86.3K | Added−$21K |
| Parker-Hannifin Corp | PH | 1.03K | $926.6K | 0.3% | $16.8K | Held |
| First Tr Exchange-Traded Fd | — | 19.8K | $862.4K | 0.3% | $112K | Added$129.8K |
| Spdr Gold Tr | — | 1.98K | $851.5K | 0.3% | — | New |
| Schwab Strategic Tr | — | 33.2K | $833.8K | 0.3% | −$37.4K | Added−$35.1K |
| Vaneck Etf Trust | — | 8.52K | $782.1K | 0.2% | $51.1K | Cut−$225.9K |
| Ecolab Inc. | ECL | 2.92K | $778.1K | 0.2% | $10.2K | Cut−$181.4K |
| Ishares Tr | — | 9.61K | $769.3K | 0.2% | — | New |
| American Elec Pwr Co Inc | — | 5.65K | $740.9K | 0.2% | $80K | Added$155.7K |
| Invesco Exchange Traded Fd T | — | 9.53K | $716.4K | 0.2% | $1.33K | Cut−$154.8K |
| Oneok Inc /New/ | OKE | 7.88K | $712.3K | 0.2% | $133.1K | Held |
| Ishares Tr | — | 9.96K | $681.9K | 0.2% | $13.3K | Held |
| Vanguard Index Fds | — | 3.45K | $677.5K | 0.2% | $15.8K | Added$98.6K |
| Ishares Tr | — | 5.5K | $651K | 0.2% | $15.3K | Added$283.7K |
| Brookfield Corp | — | 15.8K | $637.4K | 0.2% | −$85.4K | Held |
| Saba Capital Income & Oprnt | — | 88.9K | $599.4K | 0.2% | −$24K | Held |
| Honeywell Intl Inc | — | 2.6K | $588.1K | 0.2% | $61.6K | Added$199.5K |
| Vanguard Intl Equity Index F | — | 10.7K | $579.4K | 0.2% | $2.89K | Added$44.6K |
| Netflix Inc | NFLX | 5.94K | $571K | 0.2% | $14.2K | Cut−$40.7K |
| Rayonier Advanced Matls Inc | — | 51.4K | $569.2K | 0.2% | $266.4K | Cut$84.8K |
| Astera Labs, Inc. | ALAB | 5.18K | $567.9K | 0.2% | −$294.1K | Held |
| Philip Morris Intl Inc | — | 3.38K | $559.1K | 0.2% | — | New |
| Enterprise Prods Partners L | — | 14.3K | $542.9K | 0.2% | $80.9K | Added$94.3K |
| Ishares Tr | — | 3.71K | $541K | 0.2% | $10.5K | Added$224.2K |
| Ppg Inds Inc | — | 5.04K | $538.4K | 0.2% | $22.3K | Cut$12.8K |
| Ishares Tr | — | 3.12K | $498.5K | 0.2% | $5.96K | Held |
| Tortoise Energy Infra Corp | — | 9.77K | $487K | 0.1% | $87.4K | Held |
| GE Vernova Inc. | GEV | 506 | $441.7K | 0.1% | $111K | Cut$107.7K |
| Illumina, Inc. | ILMN | 3.58K | $441K | 0.1% | −$28.3K | Held |
| Spotify Technology S.A. | SPOT | 906 | $439.3K | 0.1% | −$82.4K | Added−$60.1K |
| Ishares Tr | — | 4.96K | $429.9K | 0.1% | $9.92K | Held |
| Rivernorth Doubleline Strate | — | 55.1K | $422.7K | 0.1% | −$15.4K | Held |
| Qualcomm Inc | — | 3.27K | $421K | 0.1% | −$137.2K | Added−$134.1K |
| Trimas Corp | TRS | 11.5K | $413.3K | 0.1% | $5.63K | Held |
| SLR Investment Corp. | SLRC | 27.5K | $393.8K | 0.1% | −$31.6K | Held |
| Caterpillar Inc | CAT | 535 | $379K | 0.1% | $72.5K | Held |
| Wisdomtree Tr | — | 2.35K | $372.7K | 0.1% | — | New |
| Ishares Tr | — | 1.9K | $359.8K | 0.1% | — | New |
| Ishares Tr | — | 5.5K | $356.2K | 0.1% | $94.8K | Held |
| Vanguard Intl Equity Index F | — | 2.54K | $351.3K | 0.1% | −$6.47K | Added$17.7K |
| Ark Etf Tr | — | 13K | $344.7K | 0.1% | −$33.3K | Held |
| Williams Cos Inc | — | 4.64K | $338.1K | 0.1% | $58.9K | Held |
| Invesco Exchange Traded Fd T | — | 1.68K | $322.9K | 0.1% | $579 | Cut−$3.63K |
| Phillips 66 | PSX | 1.74K | $316.6K | 0.1% | $92.4K | Held |
| Schwab Strategic Tr | — | 10.2K | $315K | 0.1% | $9.06K | Added$9.27K |
| Dbx Etf Tr | — | 6.33K | $312.8K | 0.1% | $8.17K | Held |
| Capital One Finl Corp | — | 1.67K | $304.3K | 0.1% | −$95.2K | Cut−$236K |
| Mays J W Inc | MAYS | 7.33K | $293.1K | 0.1% | $513 | Held |
| Corning Inc | — | 2K | $271.9K | 0.1% | — | New |
| Blue Owl Capital Inc | — | 29K | $264.8K | 0.1% | — | New |
| Ab Active Etfs Inc | — | 6.01K | $256.5K | 0.1% | $421 | Held |
| Spdr Series Trust | — | 2K | $255.5K | 0.1% | $11.6K | Held |
| Travelers Companies, Inc. | TRV | 860 | $250.8K | 0.1% | $1.51K | Cut−$40.5K |
| Altria Group, Inc. | MO | 3.68K | $243.2K | 0.1% | — | New |
| Terawulf Inc. | WULF | 16.3K | $234.9K | 0.1% | $30.9K | Added$114K |
| Vanguard Index Fds | — | 809 | $232.3K | 0.1% | −$2.45K | Added−$2.16K |
| New Mtn Fin Corp | — | 29.7K | $230.3K | 0.1% | −$43K | Held |
| Global X Fds | — | 4.85K | $226.3K | 0.1% | −$20.3K | Held |
| Serve Robotics Inc | — | 26.4K | $223K | 0.1% | −$31.9K | Added$52.5K |
| Home Depot, Inc. | HD | 675 | $222K | 0.1% | — | New |
| Mgm Resorts International | MGM | 5.78K | $213.9K | 0.1% | $2.99K | Added$4.1K |
| Amrize Ltd | AMRZ | 3.75K | $210.1K | 0.1% | $7.28K | Held |
| Merck & Co., Inc. | MRK | 1.74K | $209.3K | 0.1% | — | New |
| Wec Energy Group, Inc. | WEC | 1.81K | $209.1K | 0.1% | — | New |
| Mastercard Inc | MA | 411 | $205.5K | 0.1% | — | New |
| Schwab Strategic Tr | — | 8.19K | $202.7K | 0.1% | — | New |
| Booking Holdings Inc. | BKNG | 48 | $202.1K | 0.1% | −$55K | Held |
| Ermenegildo Zegna N.V. | ZGN | 18.3K | $190.4K | 0.1% | $3.11K | Held |
| Nuveen Floating Rate Income | — | 23.4K | $176K | 0.1% | −$7.26K | Cut−$57.8K |
| Willamette Vy Vineyard Inc | — | 54.8K | $140.8K | 0.0% | −$26.3K | Held |
| Achieve Life Sciences, Inc. | ACHV | 35K | $102.9K | 0.0% | −$32.7K | Added$22.7K |
| ACV Auctions Inc. | ACVA | 16.7K | $70.8K | 0.0% | −$63.1K | Held |
| Virtus Stone Hbr Emrg Mkts I | — | 10K | $47.8K | 0.0% | −$1.9K | Held |
| Caribou Biosciences, Inc. | CRBU | 20K | $38K | 0.0% | $6.2K | Held |
| CytoDyn Inc. | CYDY | 25K | $6.85K | 0.0% | −$150 | Cut−$2.25K |
Positions as of Q1 2026. 13F filings arrive up to 45 days after quarter-end and omit shorts. Values are quarter-end marks, as filed. Estimated mark is the price effect on shares still held — not realized P&L or investment advice.