Next Capital Management LLC

NEW YORK, NY · CIK 1752762 · 13F filing filed 2026-08-03

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

Others nearbyNew York, NY

$370.5m reported value +12.2% vs Q1 2026

138positions

48.4%in top 10

15 new 39 added 34 reduced 11 sold out vs Q1 2026

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	ISHARES TR CORE S&P500 ETF IVV	IVV	72,466	$54.3m14.65%	14.65%	Added +1.9k	+1,867 2.6%
2	MIDCAP FINANCIAL INVSTMNT CO COM NEW MFIC	MFIC	1,899,667	$19.1m5.17%	5.17%	Added +28.0k	+28,015 1.5%
3	BLUE OWL CAPITAL CORPORATION COM OBDC	OBDC	1,688,690	$18.5m4.99%	4.99%	Added +269.9k	+269,871 19.0%
4	ISHARES TR CORE MSCI EAFE IEFA	IEFA	176,061	$17.0m4.59%	4.59%	Added +16.3k	+16,311 10.2%
5	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	20,030	$14.7m3.98%	3.98%	Reduced -61	-61 -0.3%
6	ISHARES INC CORE MSCI EMKT IEMG	IEMG	163,430	$13.5m3.65%	3.65%	Added +11.9k	+11,909 7.9%
7	VANGUARD INDEX FDS TOTAL STK MKT VTI	VTI	30,917	$11.4m3.09%	3.09%	Reduced -243	-243 -0.8%
8	BLACKROCK TCP CAPITAL CORP COM TCPC	TCPC	3,130,285	$10.5m2.84%	2.84%	Added +80.7k	+80,738 2.6%
9	ISHARES TR RUS 1000 GRW ETF IWF	IWF	84,480	$10.5m2.83%	2.83%	Reduced -1.1k	-1,064 -1.2%
10	META PLATFORMS INC CL A META	META	17,281	$9.7m2.63%	2.63%	Added +985	+985 6.0%
11	ISHARES TR S&P 500 GRWT ETF IVW	IVW	70,383	$9.7m2.61%	2.61%	Added +2.5k	+2,504 3.7%
12	ISHARES TR CORE S&P MCP ETF IJH	IJH	101,771	$7.8m2.12%	2.12%	Added +9.6k	+9,597 10.4%
13	ISHARES TR CORE S&P SCP ETF IJR	IJR	52,491	$7.8m2.10%	2.10%	Added +2.7k	+2,742 5.5%
14	APPLE INC COM AAPL	AAPL	26,355	$7.6m2.06%	2.06%	Reduced -268	-268 -1.0%
15	AMAZON COM INC COM AMZN	AMZN	30,407	$7.2m1.96%	1.96%	Reduced -12.2k	-12,243 -28.7%
16	ISHARES TR RUS 1000 VAL ETF IWD	IWD	27,975	$6.8m1.83%	1.83%	Reduced -90	-90 -0.3%
17	GOLUB CAP BDC INC COM GBDC	GBDC	505,442	$6.5m1.76%	1.76%	Reduced -61.8k	-61,763 -10.9%
18	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	8,537	$5.9m1.58%	1.58%	Added +4	+4 0.1%
19	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	6,632	$5.0m1.34%	1.34%	Reduced -127	-127 -1.9%
20	ISHARES TR RUS 1000 ETF IWB	IWB	11,954	$4.9m1.32%	1.32%	Added +2	+2 0.0%
21	KKR & CO INC COM KKR	KKR	51,339	$4.7m1.27%	1.27%	Added +3.6k	+3,568 7.5%
22	NVIDIA CORPORATION COM NVDA	NVDA	22,614	$4.5m1.22%	1.22%	Added +30	+30 0.1%
23	SCHWAB STRATEGIC TR FUNDAMENTAL US L FNDX	FNDX	144,153	$4.5m1.21%	1.21%	Added +16.1k	+16,145 12.6%
24	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	8,342	$4.2m1.13%	1.13%	Reduced -10	-10 -0.1%
25	SCHWAB STRATEGIC TR US SML CAP ETF SCHA	SCHA	107,520	$3.9m1.05%	1.05%	Reduced -370	-370 -0.3%
26	INVESCO EXCH TRADED FD TR II NASDAQ 100 ETF QQQM	QQQM	12,533	$3.8m1.03%	1.03%	Added +1.4k	+1,385 12.4%
27	VANGUARD SPECIALIZED FUNDS DIV APP ETF VIG	VIG	14,624	$3.5m0.93%	0.93%	Added +7	+7 0.1%
28	SCHWAB STRATEGIC TR US LRG CAP ETF SCHX	SCHX	112,073	$3.3m0.89%	0.89%	Reduced -2.0k	-2,037 -1.8%
29	BLACKSTONE INC COM BX	BX	25,197	$3.0m0.80%	0.80%	Added +2.9k	+2,875 12.9%
30	APOLLO GLOBAL MGMT INC COM APO	APO	24,569	$2.9m0.78%	0.78%	Added +2.7k	+2,706 12.4%
31	SELECT SECTOR SPDR TR SBI HEALTHCARE XLV	XLV	17,990	$2.9m0.77%	0.77%	Reduced -11	-11 -0.1%
32	VANGUARD WORLD FD INF TECH ETF VGT	VGT	22,184	$2.7m0.72%	0.72%	Unchanged
33	VANGUARD INDEX FDS GROWTH ETF VUG	VUG	30,404	$2.6m0.71%	0.71%	Added +2	+2 0.0%
34	ISHARES TR MSCI EMG MKT ETF EEM	EEM	36,459	$2.5m0.67%	0.67%	Reduced -165	-165 -0.5%
35	MICROSOFT CORP COM MSFT	MSFT	6,140	$2.3m0.62%	0.62%	Added +487	+487 8.6%
36	ELI LILLY & CO COM LLY	LLY	1,768	$2.1m0.57%	0.57%	Unchanged
37	ALPHABET INC CAP STK CL C GOOG	GOOG	5,995	$2.1m0.57%	0.57%	Reduced -366	-366 -5.8%
38	ISHARES TR CORE S&P US VLU IUSV	IUSV	19,159	$2.1m0.57%	0.57%	Reduced -401	-401 -2.0%
39	SELECT SECTOR SPDR TR TECHNOLOGY XLK	XLK	10,700	$2.0m0.55%	0.55%	Added +2.3k	+2,323 27.7%
40	ALPHABET INC CAP STK CL A GOOGL	GOOGL	5,656	$2.0m0.55%	0.55%	Reduced -1.0k	-1,023 -15.3%
41	SELECT SECTOR SPDR TR FINANCIAL XLF	XLF	37,600	$2.0m0.54%	0.54%	Added +3.1k	+3,092 9.0%
42	VANGUARD INDEX FDS LARGE CAP ETF VV	VV	5,376	$1.8m0.50%	0.50%	Unchanged
43	SCHWAB STRATEGIC TR US DIVIDEND EQ SCHD	SCHD	56,932	$1.8m0.49%	0.49%	Added +16.0k	+16,012 39.1%
44	SALESFORCE INC COM CRM	CRM	11,350	$1.8m0.48%	0.48%	Unchanged
45	ISHARES TR RUS MD CP GR ETF IWP	IWP	11,648	$1.7m0.46%	0.46%	Added +5	+5 0.0%
46	VANGUARD INDEX FDS MCAP GR IDXVIP VOT	VOT	5,020	$1.5m0.42%	0.42%	Unchanged
47	GOLDMAN SACHS GROUP INC COM GS	GS	1,515	$1.5m0.41%	0.41%	Reduced -20	-20 -1.3%
48	SCHWAB CHARLES CORP COM SCHW	SCHW	16,323	$1.5m0.41%	0.41%	Reduced -600	-600 -3.5%
49	JOHNSON & JOHNSON COM JNJ	JNJ	5,530	$1.4m0.38%	0.38%	Unchanged
50	MONGODB INC CL A MDB	MDB	4,068	$1.4m0.37%	0.37%	Reduced -317	-317 -7.2%
51	COCA COLA CO COM KO	KO	16,611	$1.3m0.36%	0.36%	Unchanged
52	VANGUARD WHITEHALL FDS HIGH DIV YLD VYM	VYM	8,505	$1.3m0.36%	0.36%	Added +312	+312 3.8%
53	ISHARES TR RUSSELL 2000 ETF IWM	IWM	4,448	$1.3m0.36%	0.36%	Reduced -103	-103 -2.3%
54	TPG INC COM CL A TPG	TPG	32,076	$1.3m0.35%	0.35%	Added +6.1k	+6,098 23.5%
55	ISHARES TR MSCI EAFE ETF EFA	EFA	12,009	$1.2m0.34%	0.34%	Unchanged
56	VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT VEA	VEA	17,435	$1.2m0.34%	0.34%	Added +686	+686 4.1%
57	KRANESHARES TRUST CSI CHI INTERNET KWEB	KWEB	49,020	$1.2m0.32%	0.32%	Unchanged
58	JPMORGAN CHASE & CO COM JPM	JPM	3,380	$1.1m0.30%	0.30%	Added +87	+87 2.6%
59	PARKER-HANNIFIN CORP COM PH	PH	1,035	$1.0m0.27%	0.27%	Unchanged
60	SCHWAB STRATEGIC TR US BRD MKT ETF SCHB	SCHB	34,620	$1.0m0.27%	0.27%	Added +1.4k	+1,402 4.2%
61	ISHARES TR EXPANDED TECH IGV	IGV	10,342	$937.0k0.25%	0.25%	Added +731	+731 7.6%
62	FIRST TR EXCHANGE-TRADED FD NO AMER ENERGY EMLP	EMLP	20,663	$898.8k0.24%	0.24%	Added +910	+910 4.6%
63	ECOLAB INC COM ECL	ECL	2,925	$814.9k0.22%	0.22%	Unchanged
64	VANGUARD INDEX FDS VALUE ETF VTV	VTV	3,637	$792.6k0.21%	0.21%	Added +184	+184 5.3%
65	EXXON MOBIL CORP COM XOM	XOM	5,735	$784.1k0.21%	0.21%	Unchanged
66	ISHARES TR MSCI ACWI EX US ACWX	ACWX	9,959	$758.0k0.20%	0.20%	Unchanged
67	INVESCO EXCHANGE TRADED FD T S&P500 QUALITY SPHQ	SPHQ	8,390	$755.9k0.20%	0.20%	Reduced -1.1k	-1,138 -11.9%
68	AMERICAN ELEC PWR CO INC COM AEP	AEP	5,497	$752.0k0.20%	0.20%	Reduced -155	-155 -2.7%
69	ISHARES TR SP SMCP600VL ETF IJS	IJS	5,496	$751.2k0.20%	0.20%	Unchanged
70	SPDR GOLD TR GOLD SHS GLD	GLD	1,979	$729.0k0.20%	0.20%	Unchanged
71	ONEOK INC NEW COM OKE	OKE	7,880	$685.1k0.18%	0.18%	Unchanged
72	BROOKFIELD CORP CL A LTD VT SH BN	BN	15,750	$670.8k0.18%	0.18%	Unchanged
73	VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF VWO	VWO	10,919	$651.8k0.18%	0.18%	Added +199	+199 1.9%
74	VANECK ETF TRUST GOLD MINERS ETF GDX	GDX	8,522	$643.0k0.17%	0.17%	Unchanged
75	ISHARES TR MICRO-CAP ETF IWC	IWC	3,123	$624.7k0.17%	0.17%	Unchanged
76	PPG INDS INC COM PPG	PPG	4,990	$605.2k0.16%	0.16%	Reduced -47	-47 -0.9%
77	GE VERNOVA INC COM GEV	GEV	506	$594.5k0.16%	0.16%	Unchanged
78	QUALCOMM INC COM QCOM	QCOM	3,216	$594.3k0.16%	0.16%	Reduced -53	-53 -1.6%
79	SABA CAPITAL INCOME & OPRNT SHS NEW BRW	BRW	88,927	$584.2k0.16%	0.16%	Unchanged
80	ILLUMINA INC COM ILMN	ILMN	3,256	$572.5k0.15%	0.15%	Reduced -322	-322 -9.0%
81	ISHARES TR RUS MDCP VAL ETF IWS	IWS	3,427	$564.1k0.15%	0.15%	Reduced -285	-285 -7.7%
82	ARK ETF TR GENOMIC REV ETF ARKG	ARKG	13,046	$548.7k0.15%	0.15%	Unchanged
83	ENTERPRISE PRODS PARTNERS L COM EPD	EPD	14,348	$527.4k0.14%	0.14%	Unchanged
84	TRIMAS CORP COM NEW TRS	TRS	11,500	$517.8k0.14%	0.14%	Unchanged
85	ISHARES TR CORE MSCI TOTAL IXUS	IXUS	4,962	$473.6k0.13%	0.13%	Unchanged
86	CATERPILLAR INC COM CAT	CAT	435	$463.2k0.13%	0.13%	Reduced -100	-100 -18.7%
87	BROADCOM INC COM AVGO	AVGO	1,142	$431.4k0.12%	0.12%	New
88	RIVERNORTH DOUBLELINE STRATE COM OPP	OPP	55,109	$425.4k0.11%	0.11%	Unchanged
89	ISHARES TR RUS 2000 VAL ETF IWN	IWN	1,898	$419.8k0.11%	0.11%	Unchanged
90	TORTOISE ENERGY INFRA CORP COM TYG	TYG	9,770	$418.8k0.11%	0.11%	Unchanged
91	WISDOMTREE TR JAPN HEDGE EQT DXJ	DXJ	2,350	$407.8k0.11%	0.11%	Unchanged
92	TERAWULF INC COM WULF	WULF	16,280	$402.1k0.11%	0.11%	Unchanged
93	SPOTIFY TECHNOLOGY S A SHS SPOT	SPOT	860	$394.9k0.11%	0.11%	Reduced -46	-46 -5.1%
94	NETFLIX INC COM NFLX	NFLX	5,410	$386.3k0.10%	0.10%	Reduced -529	-529 -8.9%
95	VANGUARD INTL EQUITY INDEX F TT WRLD ST ETF VT	VT	2,415	$379.0k0.10%	0.10%	Reduced -124	-124 -4.9%
96	SCHWAB STRATEGIC TR US MID-CAP ETF SCHM	SCHM	10,184	$375.5k0.10%	0.10%	Added +8	+8 0.1%
97	INVESCO EXCHANGE TRADED FD T S&P500 EQL WGT RSP	RSP	1,686	$358.7k0.10%	0.10%	Added +3	+3 0.2%
98	DBX ETF TR XTRACK MSCI EAFE DBEF	DBEF	6,331	$345.9k0.09%	0.09%	Unchanged
99	WILLIAMS COS INC COM WMB	WMB	4,645	$345.3k0.09%	0.09%	Unchanged
100	SLR INVESTMENT CORP COM SLRC	SLRC	27,520	$340.4k0.09%	0.09%	Unchanged

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
J P MORGAN EXCHANGE TRADED F JPST	JPST	21,598	$1.1m21.6k shares
HONEYWELL INTL INC		1,301	$588.1k1.3k shares
RAYONIER ADVANCED MATLS INC RYAM	RYAM	51,422	$569.2k51.4k shares
ASTERA LABS INC ALAB	ALAB	5,182	$567.9k5.2k shares
CORNING INC GLW	GLW	2,000	$271.9k2.0k shares
BLUE OWL CAPITAL INC OWL	OWL	29,006	$264.8k29.0k shares
HOME DEPOT INC HD	HD	675	$222.0k675 shares
MGM RESORTS INTERNATIONAL MGM	MGM	5,780	$213.9k5.8k shares
AMRIZE LTD AMRZ	AMRZ	3,750	$210.1k3.8k shares
MASTERCARD INCORPORATED MA	MA	411	$205.5k411 shares
VIRTUS STONE HBR EMRG MKTS I EDF	EDF	10,000	$47.8k10.0k shares