13F-HR filed by Next Capital Management LLC
Next Capital Management LLC filed this 13F-HR for the quarter ended 2025-09-30, filed 2025-11-05, with 139 holding rows worth $299,617,852.
- Accession
- 0001437749-25-033205
- Filer
- CIK 1752762
- Filed
- 2025-11-05
- Accepted by EDGAR
- acceptance time not in the bulk data set
- Ingested
- Source
- SEC quarterly data set
13F report for Q3 2025
A holdings report, 139 entries on the cover page, a total value of $299,617,852 stated on the cover page (in dollars after the unit check, H1), rows summing to $299,617,852 with VALUE read as dollars as filed, 13F file number 028-19131. The quarter's positions are built on this report. The resolved quarter.
The information table after summing rows of one CUSIP and put or call (H4), with the CUSIP and issuer name as filed. Values in dollars after the unit check (method).
| Issuer as filed | CUSIP | Class | Amount | Value | Value read as | Type |
|---|---|---|---|---|---|---|
| ISHARES TR CORE S&P 500 ETF | 464287200 | SHS | 68,699 | $45,979,986 | dollars as filed | |
| APOLLO UNVT CORP | 03761U502 | COM NEW | 1,341,585 | $16,085,604 | dollars as filed | |
| BLACKROCK TCP CAPITAL CORP | 09259E108 | COM | 2,401,416 | $14,888,779 | dollars as filed | |
| INVESCO QQQ TR | 46090E103 | COM | 21,084 | $12,658,106 | dollars as filed | |
| META PLATFORMS INC CL A | 30303M102 | COM | 16,713 | $12,273,329 | dollars as filed | |
| iShares Core MSCI EAFE ETF | 46432F842 | SHS | 134,457 | $11,739,403 | dollars as filed | |
| Amazon.com, Inc | 023135106 | COM | 46,594 | $10,230,645 | dollars as filed | |
| ISHARESRUSSELL1000GROWTHETF | 464287614 | STOK | 19,225 | $9,005,381 | dollars as filed | |
| VTI | 922908769 | COM | 27,256 | $8,945,234 | dollars as filed | |
| Apple Inc | 037833100 | COM | 27,703 | $7,054,025 | dollars as filed | |
| iShares Core MSCI Emerging Markets ETF | 46434G103 | SHS | 106,775 | $7,038,583 | dollars as filed | |
| Vanguard S&P 500 ETF | 922908363 | COM | 10,037 | $6,150,229 | dollars as filed | |
| iShares S&P 500 Growth ETF | 464287309 | SHS | 50,548 | $6,102,199 | dollars as filed | |
| iShares Core S&P Small-Cap ETF | 464287804 | SHS | 44,138 | $5,244,977 | dollars as filed | |
| NVIDIA Corp | 67066G104 | COM | 26,443 | $4,933,805 | dollars as filed | |
| ISHARES RUSSELL 1000 VALUE ETF | 464287598 | ETF | 23,894 | $4,864,674 | dollars as filed | |
| IJH | 464287507 | COM | 70,191 | $4,580,659 | dollars as filed | |
| ISHARES RUSSELL 1000 ETF | 464287622 | ETF | 11,917 | $4,355,599 | dollars as filed | |
| Berkshire Hathaway Inc | 084670702 | COM | 8,449 | $4,247,650 | dollars as filed | |
| SPY | 78462F103 | SHS | 5,848 | $3,898,045 | dollars as filed | |
| GOLUB CAP BDC INC | 38173M102 | COM | 244,213 | $3,343,276 | dollars as filed | |
| Schwab U.S. Small-Cap ETF | 808524607 | SHS | 117,383 | $3,274,984 | dollars as filed | |
| Schwab U.S. Large-Cap ETF | 808524201 | SHS | 115,411 | $3,039,926 | dollars as filed | |
| Vanguard Dividend Appreciation ETF | 921908844 | SHS | 13,349 | $2,880,487 | dollars as filed | |
| SCHWAB STRATEGIC TR | 808524771 | FUNDAMENTAL US L | 105,168 | $2,765,927 | dollars as filed | |
| KKR & CO INC | 48251W104 | COM | 20,273 | $2,634,476 | dollars as filed | |
| Health Care Select Sector SPDR Fund | 81369Y209 | SHS | 18,581 | $2,585,881 | dollars as filed | |
| Vanguard Growth | 922908736 | COM | 5,152 | $2,471,086 | dollars as filed | |
| Microsoft Corp | 594918104 | COM | 4,371 | $2,264,130 | dollars as filed | |
| Walmart Inc. | 931142103 | COM | 20,600 | $2,123,010 | dollars as filed | |
| INVESCO EXCH TRADED FD TR II | 46138G649 | COM | 8,338 | $2,060,583 | dollars as filed | |
| KRANESHARES TRUST CSI CHI INTERNET | 500767306 | CSI CHI INTERNET | 49,020 | $2,059,330 | dollars as filed | |
| VGT | 92204A702 | SHS | 2,755 | $2,056,966 | dollars as filed | |
| Charles Schwab Corp | 808513105 | COM | 26,840 | $1,893,844 | dollars as filed | |
| ISHARES TR | 464287234 | MSCI EMG MKT ETF | 34,507 | $1,842,655 | dollars as filed | |
| Financial Select Sector SPDR Fund | 81369Y605 | SHS | 32,532 | $1,752,523 | dollars as filed | |
| Alphabet Inc. Reg. Shares C | 02079K107 | COM | 6,569 | $1,599,880 | dollars as filed | |
| BERKSHIRE HATHAWAY INC DEL | 084670108 | CL A | 2 | $1,508,400 | dollars as filed | |
| Alphabet Inc. Reg. Shares A | 02079K305 | COM | 6,186 | $1,503,887 | dollars as filed | |
| iShares Core S&P U.S. Value ETF | 464287663 | SHS | 15,002 | $1,499,495 | dollars as filed | |
| Vanguard Mid-Cap Growth ETF | 922908538 | SHS | 5,020 | $1,474,826 | dollars as filed | |
| VANGUARD INDEX FDS | 922908637 | LARGE CAP ETF | 4,509 | $1,388,141 | dollars as filed | |
| Eli Lilly and Company | 532457108 | COM | 1,768 | $1,348,984 | dollars as filed | |
| MONGODB INC CL A | 60937P106 | Stock | 4,297 | $1,333,703 | dollars as filed | |
| JPMorgan Chase & Co | 46625H100 | COM | 4,205 | $1,326,279 | dollars as filed | |
| ISHARES RUSSELL MID-CAP GROWTH ETF | 464287481 | ETF | 9,235 | $1,315,119 | dollars as filed | |
| TELEFLEX INCORPORATED | 879369106 | COM | 10,423 | $1,275,303 | dollars as filed | |
| Philip Morris International Inc. | 718172109 | COM | 7,588 | $1,230,774 | dollars as filed | |
| McDonalds Corporation | 580135101 | COM | 4,007 | $1,217,687 | dollars as filed | |
| J P MORGAN EXCHANGE TRADED F | 46641Q837 | ULTRA SHRT ETF | 23,682 | $1,201,375 | dollars as filed | |
| Netflix, Inc | 64110L106 | COM | 997 | $1,195,323 | dollars as filed | |
| Technology Select Sector SPDR Fund | 81369Y803 | SHS | 4,027 | $1,135,050 | dollars as filed | |
| Goldman Sachs Group,Inc. | 38141G104 | COM | 1,415 | $1,126,835 | dollars as filed | |
| Vanguard High Dividend Yield ETF | 921946406 | SHS | 7,778 | $1,096,309 | dollars as filed | |
| SCHD | 808524797 | COM | 39,869 | $1,088,423 | dollars as filed | |
| Coca-Cola Company | 191216100 | COM | 16,386 | $1,086,720 | dollars as filed | |
| iShares Russell 2000 ETF | 464287655 | SHS | 4,440 | $1,074,217 | dollars as filed | |
| Johnson & Johnson | 478160104 | COM | 5,579 | $1,034,458 | dollars as filed | |
| ECOLAB INC COM | 278865100 | Stock | 3,775 | $1,033,822 | dollars as filed | |
| ASTERA LABS INC COM | 04626A103 | COM | 5,182 | $1,014,636 | dollars as filed | |
| Vanguard FTSE Developed Markets ETF | 921943858 | SHS | 16,023 | $960,098 | dollars as filed | |
| ISHARES TR | 464287465 | MSCI EAFE ETF | 10,216 | $953,868 | dollars as filed | |
| VANECK ETF TRUST | 92189F106 | GOLD MINERS ETF | 11,752 | $897,853 | dollars as filed | |
| INVESCO EXCHANGE TRADED FD T | 46137V241 | S&P500 QUALITY | 11,608 | $850,750 | dollars as filed | |
| Schwab U.S. Broad Market ETF | 808524102 | SHS | 33,021 | $848,981 | dollars as filed | |
| Home Depot, Inc | 437076102 | COM | 1,993 | $807,544 | dollars as filed | |
| PARKER-HANNIFIN CORP COM | 701094104 | Stock | 1,035 | $784,685 | dollars as filed | |
| BLACKSTONE INC | 09260D107 | COM | 4,539 | $775,546 | dollars as filed | |
| FIRST TR EXCHANGE-TRADED FD | 33738D101 | NO AMER ENERGY | 19,345 | $740,720 | dollars as filed | |
| BROOKFIELD CORP CL A LTD VT SH | 11271J107 | Stock | 10,500 | $720,090 | dollars as filed | |
| SABA CAPITAL INCOME & OPRNT | 78518H202 | SHS NEW | 88,927 | $690,963 | dollars as filed | |
| EXXON MOBIL CORP | 30231G102 | COM | 5,744 | $647,636 | dollars as filed | |
| iShares MSCI ACWI ex U.S. ETF | 464288240 | SHS | 9,959 | $647,435 | dollars as filed | |
| SPOTIFYTECHNOLOGYSAF | L8681T102 | STOK | 860 | $600,280 | dollars as filed | |
| CSG SYSTEMS | 126349109 | COM | 9,000 | $579,420 | dollars as filed | |
| ONEOK INC NEW | 682680103 | COM | 7,880 | $575,004 | dollars as filed | |
| AMERICAN ELEC PWR CO INC COM | 025537101 | Stock | 5,075 | $570,938 | dollars as filed | |
| Vanguard Value ETF | 922908744 | SHS | 3,031 | $565,731 | dollars as filed | |
| PPG INDS INC COM | 693506107 | Stock | 5,204 | $546,992 | dollars as filed | |
| VWO | 922042858 | SHS | 9,941 | $538,622 | dollars as filed | |
| Qualcomm Incorporated | 747525103 | COM | 3,216 | $535,014 | dollars as filed | |
| BLUE OWL CAPITAL CORPORATION COM | 69121K104 | CEF | 39,363 | $502,666 | dollars as filed | |
| RAYONIER ADVANCED MATLS INC | 75508B104 | COM | 66,245 | $478,289 | dollars as filed | |
| RIVERNORTH DOUBLELINE STRATE | 76882G107 | COM | 55,109 | $470,080 | dollars as filed | |
| ISHARES MICRO-CAP ETF | 464288869 | ETF | 3,123 | $465,608 | dollars as filed | |
| TRIMAS CORP | 896215209 | COM NEW | 11,500 | $444,360 | dollars as filed | |
| ENTERPRISE PRODS PARTNERS L | 293792107 | COM | 13,993 | $437,561 | dollars as filed | |
| TORTOISE ENERGY INFRA CORP | 89147L886 | COM | 9,770 | $420,989 | dollars as filed | |
| SLR INVESTMENT CORP | 83413U100 | COM | 27,520 | $420,781 | dollars as filed | |
| Honeywell Technologies | 438516106 | COM | 1,992 | $419,316 | dollars as filed | |
| ISHARES TR | 46432F834 | COM | 4,962 | $409,762 | dollars as filed | |
| ARK ETF TR | 00214Q302 | GENOMIC REV ETF | 13,046 | $362,287 | dollars as filed | |
| AbbVie,Inc. | 00287Y109 | COM | 1,564 | $362,121 | dollars as filed | |
| iShares S&P Small-Cap 600 Value ETF | 464287879 | SHS | 3,230 | $357,206 | dollars as filed | |
| Comcast Corp | 20030N101 | COM | 11,178 | $351,213 | dollars as filed | |
| DIREXION SHARES ETF TRUST | 25460E661 | CMN | 5,000 | $343,750 | dollars as filed | |
| ILLUMINA INC | 452327109 | COM | 3,578 | $339,803 | dollars as filed | |
| Altria Group Inc | 02209S103 | COM | 5,076 | $335,321 | dollars as filed | |
| Vanguard Total World Stock ETF | 922042742 | SHS | 2,364 | $325,747 | dollars as filed | |
| ISHARES RUSSELL MID-CAP VALUE ETF | 464287473 | ETF | 2,246 | $313,699 | dollars as filed | |
| GE Vernova Inc. | 36828A101 | COM | 506 | $311,139 | dollars as filed | |
| Palantir Technologies Inc. Class A | 69608A108 | COM | 1,682 | $306,830 | dollars as filed | |
| INVESCO EXCHANGE-TRADED FD TR S&P 500 EQUAL WEIGHT ETF | 46137V357 | COM | 1,614 | $306,232 | dollars as filed | |
| LENNOX INTL INC COM | 526107107 | Stock | 563 | $298,030 | dollars as filed | |
| WILLIAMS COS INC COM | 969457100 | Stock | 4,645 | $294,261 | dollars as filed | |
| DBX ETF TR | 233051200 | XTRACK MSCI EAFE | 6,331 | $293,885 | dollars as filed | |
| Procter & Gamble Co | 742718109 | COM | 1,852 | $284,560 | dollars as filed | |
| TRAVELERS COMPANIES INC COM | 89417E109 | Stock | 1,004 | $280,337 | dollars as filed | |
| MAYS J W INC | 578473100 | COM | 7,326 | $278,388 | dollars as filed | |
| Booking Holdings Inc. | 09857L108 | COM | 51 | $275,363 | dollars as filed | |
| ISHARES TR | 464287796 | U.S. ENERGY ETF | 5,500 | $261,360 | dollars as filed | |
| AB ACTIVE ETFS INC | 00039J822 | INTL LOW VOLATLT | 6,013 | $255,673 | dollars as filed | |
| Caterpillar Inc. | 149123101 | COM | 535 | $255,275 | dollars as filed | |
| NEW MTN FIN CORP | 647551100 | COM | 26,150 | $252,086 | dollars as filed | |
| NUVEEN FLOATING RATE INCOME | 67072T108 | COM | 29,789 | $243,674 | dollars as filed | |
| BECTON DICKINSON & CO | 075887109 | COM | 1,290 | $241,449 | dollars as filed | |
| CBIZ INC | 124805102 | COM | 4,500 | $238,320 | dollars as filed | |
| PHILLIPS 66 COM | 718546104 | Stock | 1,738 | $236,403 | dollars as filed | |
| GLOBAL X FDS | 37954Y632 | ARTIFICIAL ETF | 4,700 | $232,133 | dollars as filed | |
| Mondelez International,Inc. Class A | 609207105 | COM | 3,656 | $228,390 | dollars as filed | |
| APOLLO GLOBAL MGMT INC COM | 03769M106 | Stock | 1,707 | $227,492 | dollars as filed | |
| Visa Inc | 92826C839 | COM | 665 | $227,166 | dollars as filed | |
| ISHARES TR | 46429B598 | MSCI INDIA ETF | 4,000 | $208,240 | dollars as filed | |
| WEC ENERGY GROUP INC COM | 92939U106 | Stock | 1,806 | $206,950 | dollars as filed | |
| SPDR SER TR | 78464A870 | S&P BIOTECH | 2,000 | $200,400 | dollars as filed | |
| WILLAMETTE VY VINEYARD I | 969136100 | COMMON STOCK | 54,800 | $199,472 | dollars as filed | |
| SERVE ROBOTICS INC | 81758H106 | COM | 16,425 | $191,023 | dollars as filed | |
| ERMENEGILDO ZEGNA NV | N30577105 | COMMON STOCK | 18,275 | $172,699 | dollars as filed | |
| ACV AUCTIONS INC | 00091G104 | COM CL A | 16,706 | $165,556 | dollars as filed | |
| Wise Plc | G97229101 | COM | 11,116 | $155,915 | dollars as filed | |
| CRITICAL METALS CORP | G2662B103 | PUBCO ORD SHS | 19,982 | $124,288 | dollars as filed | |
| TERAWULF INC | 88080T104 | COM | 10,525 | $120,196 | dollars as filed | |
| ACHIEVE LIFE SCIENCES INC | 004468500 | COMMON STOCK | 16,130 | $50,810 | dollars as filed | |
| VIRTUS STONE HBR EMRG MKTS I | 86164T107 | COM | 10,000 | $50,500 | dollars as filed | |
| CARIBOU BIOSCIENCES INC COM | 142038108 | Stock | 20,000 | $46,600 | dollars as filed | |
| DOCGO INC | 256086109 | COM | 15,000 | $20,400 | dollars as filed | |
| BEYOND MEAT INC | 08862E109 | COM | 10,043 | $18,981 | dollars as filed | |
| TALGA GROUP LTD ORDF | Q8833K103 | UFO | 50,000 | $14,555 | dollars as filed | |
| CYTODYN INC | 23283M101 | Common Stock | 32,500 | $8,450 | dollars as filed |
Amendment chain
| Filing | Role | Filed | Accepted | Ingested |
|---|---|---|---|---|
| 13F-HR 0001437749-25-033205 | this filing | 2025-11-05 | acceptance time not in the bulk data set |