Arkolith/Funds/Next Capital Management LLC

Next Capital Management LLC

CIK 1752762
Holdings as of Jun 30, 2026·disclosed Aug 3, 2026·~34-day 13F lag·13F-HR
Active Filer

Next Capital Management LLC holds a focused book of 138 stocks worth $370.5M as of Q2 2026 (disclosed Aug 3, 2026, a ~34-day 13F lag). This quarter they opened Broadcom Inc and trimmed Invesco QQQ Trust Series 1. Their largest long position is Ishares Core S&P 500 ETF at 15% of the equity book. Cloning the disclosed picks since 2024 would be +21% (+11.8%/yr). That is a simulation of the disclosed long book, not audited returns.

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Use Arkolith to show Next Capital Management LLC's latest
holdings, largest changes, and filing provenance.
Opened
84
new positions
Added to
42
existing
Trimmed
33
reduced
Sold out
11
exited

Growth of $10,000: cloning the disclosed book

If you'd copied them
+21.4%
+11.8%/yr · since Nov '24
Their reported book
+18.0%
held from quarter-end
S&P 500
+27.7%
same window
$8K$10K$11K$12K$13KNov '24Mar '25Jul '25Nov '25Mar '26Jul '26
Next Capital Management LLC (copied at disclosure) S&P 500

Following at the filing date actually beat the quarter-end book by 3.4 points over this window.

Growth of $10,000 cloning Next Capital Management LLC's disclosed long 13F book, rebalanced on each filing date (so it reflects each quarter's actual reporting lag, ~34 days for the latest filing, with no look-ahead), total-return basis (dividends reinvested), derived from end-of-day prices. “Their reported book” values the same picks from quarter-end, before they were public. S&P 500 is SPY total return over the same window. Excludes shorts, cash, options and non-13F holdings. Not investment advice.

Concentration

Top-heavy: focused book

Top 5 holdings
33%
Top 10 holdings
48%
Top 20 holdings
67%

Share of the disclosed book in its largest positions. A higher top-5 share means a more concentrated, higher-conviction portfolio.

Direct sector allocation

22% mapped to company sectors

ETF / fund or unclassified
78%
Information Technology
9%
Financials
6%
Consumer Discretionary
2%
Health Care
1%
Industrials
1%
Utilities
1%
Consumer Staples
1%

Direct operating-company sectors from our SIC-based security master. ETF/fund and unclassified holdings stay visible separately; this is not ETF look-through exposure.

Biggest moves: latest quarter

Estimated $ traded · quarter-end prices, no cost basis

Bought
Trimmed / exited

Holdings: largest first

Bars show each stock's share of the portfolio. Click a row for its position history.

138 positions
#SecurityValueShares% PortLast moveHistory
1Ishares Core S&P 500 ETF
ETF
$54.3M72.5K
14.6%
+2.6%
Added · +2K sh
2Midcap Finl Investme
COM
$19.1M1.90M
5.2%
+1.5%
Added · +28K sh
3Blue Owl Cap Corp
COM
$18.5M1.69M
5.0%
+19%
Added · +270K sh
4Ishares Core Msci Eafe ETF
ETF
$17.0M176.1K
4.6%
+10%
Added · +16K sh
5Invesco QQQ TR
COM
$14.7M20.0K
4.0%
−0.3%
Reduced · −61 sh
6Ishares Core Msci Emerging Markets ETF
ETF
$13.5M163.4K
3.7%
+7.8%
Added · +12K sh
7Vanguard Total Stock Market Index Fund ETF Shares
ETF
$11.4M30.9K
3.1%
−0.8%
Reduced · −243 sh
8BlackRock TCP Cap Corp
COM
$10.5M3.13M
2.8%
+2.6%
Added · +81K sh
9Ishares Russell 1000 Growth ETF
ETF
$10.5M84.5K
2.8%
+295%
Added · +63K sh
10Meta Platforms Inc Class A
COM
$9.7M17.3K
2.6%
+6.0%
Added · +985 sh
11Ishares S&P 500 Growth ETF
ETF
$9.7M70.4K
2.6%
+3.7%
Added · +3K sh
12Ishares Core S&P Mid-Capetf
ETF
$7.8M101.8K
2.1%
+10%
Added · +10K sh
13Ishares Core S&P Small-Cap ETF
ETF
$7.8M52.5K
2.1%
+5.5%
Added · +3K sh
14Apple Inc
COM
$7.6M26.4K
2.1%
−1.0%
Reduced · −268 sh
15Amazon.com Inc
COM
$7.2M30.4K
2.0%
−29%
Reduced · −12K sh
16Ishares Russell 1000 Value ETF
ETF
$6.8M28.0K
1.8%
−0.3%
Reduced · −90 sh
17Golub Cap BDC Inc
COM
$6.5M505.4K
1.8%
−11%
Reduced · −62K sh
18Vanguard S&P 500 ETF
ETF
$5.9M8.5K
1.6%
~0%
Added · +4 sh
19State Street SPDR S&P 500 ETF Trust
ETF
$5.0M6.6K
1.3%
−1.9%
Reduced · −127 sh
20Ishares Russell 1000 ETF
ETF
$4.9M12.0K
1.3%
~0%
Added · +2 sh
21KKR & Co Inc
COM
$4.7M51.3K
1.3%
+7.5%
Added · +4K sh
22Nvidia Corp
COM
$4.5M22.6K
1.2%
+0.1%
Added · +30 sh
23Schwab Fundamental U.S. Large Company ETF
ETF
$4.5M144.2K
1.2%
+13%
Added · +16K sh
24Berkshire Hathaway Class B
COM
$4.2M8.3K
1.1%
−0.1%
Reduced · −10 sh
25Schwab U.S. Small-Cap ETF
ETF
$3.9M107.5K
1.0%
−0.3%
Reduced · −370 sh
26Invesco Nasdaq 100 ETF
ETF
$3.8M12.5K
1.0%
+12%
Added · +1K sh
27Vanguard Dividend Appreciation Index Fund ETF Shares
ETF
$3.5M14.6K
0.9%
~0%
Added · +7 sh
28Schwab U.S. Large-Cap ETF
ETF
$3.3M112.1K
0.9%
−1.8%
Reduced · −2K sh
29Blackstone Inc
COM
$3.0M25.2K
0.8%
+13%
Added · +3K sh
30Apollo Global Mgmt Inc Nclass A
COM
$2.9M24.6K
0.8%
+12%
Added · +3K sh
31State Street Health Careselect Sector SPDR ETF
ETF
$2.9M18.0K
0.8%
−0.1%
Reduced · −11 sh
32Vanguard Information Technology Index Fund ETF Shares
ETF
$2.7M22.2K
0.7%
+700%
Added · +19K sh
33Vanguard Growth Index Fund ETF Shares
ETF
$2.6M30.4K
0.7%
+500%
Added · +25K sh
34Ishares Msci Emerging Markets ETF
ETF
$2.5M36.5K
0.7%
−0.5%
Reduced · −165 sh
35Microsoft Corp
COM
$2.3M6.1K
0.6%
+8.6%
Added · +487 sh
36Eli Lilly And Co
COM
$2.1M1.8K
0.6%
Held
37Alphabet Inc Class C
COM
$2.1M6.0K
0.6%
−5.8%
Reduced · −366 sh
38Ishares Core S&P U.S. Value ETF
ETF
$2.1M19.2K
0.6%
−2.0%
Reduced · −401 sh
39State Street Technology Select Sector SPDR ETF
ETF
$2.0M10.7K
0.6%
+28%
Added · +2K sh
40Alphabet Inc Class A
COM
$2.0M5.7K
0.5%
−15%
Reduced · −1K sh
41State Street Financial Select Sector SPDR ETF
ETF
$2.0M37.6K
0.5%
+9.0%
Added · +3K sh
42Vanguard Large-Cap Indexfund ETF Shares
ETF
$1.8M5.4K
0.5%
Held
43Schwab U.S. Dividend Equity ETF
ETF
$1.8M56.9K
0.5%
+39%
Added · +16K sh
44Salesforce Inc
COM
$1.8M11.3K
0.5%
Held
45Ishares Russell Mid-Cap Growth ETF
ETF
$1.7M11.6K
0.5%
~0%
Added · +5 sh
46Vanguard Mid-Cap Growth Index Fund ETF Shares
ETF
$1.5M5.0K
0.4%
Held
47Goldman Sachs Group Inc
COM
$1.5M1.5K
0.4%
−1.3%
Reduced · −20 sh
48Charles Schwab Corp
COM
$1.5M16.3K
0.4%
−3.5%
Reduced · −600 sh
49Johnson & Johnson
COM
$1.4M5.5K
0.4%
Held
50Mongodb Inc Class A
COM
$1.4M4.1K
0.4%
−7.2%
Reduced · −317 sh
Showing 50 of 138 positions

Filing history

As-of date vs the date the SEC received each filing

QuarterAs ofFiledPositionsValueForm
Q2 2026Jun 30, 2026Aug 3, 2026138$370.5M13F-HR
Q1 2026Mar 31, 2026May 7, 2026134$330.2M13F-HR
Q4 2025Dec 31, 2025Feb 11, 2026136$312.3M13F-HR
Q3 2025Sep 30, 2025Nov 5, 2025139$299.6M13F-HR
Q2 2025Jun 30, 2025Aug 5, 2025137$270.6M13F-HR
Q1 2025Mar 31, 2025May 6, 2025118$208.5M13F-HR
Q4 2024Dec 31, 2024Feb 11, 2025141$247.1M13F-HR
Q3 2024Sep 30, 2024Nov 7, 2024139$245.1M13F-HR

Data source

Holdings from SEC EDGAR 13F-HR filings, updated quarterly, filed up to 45 days after quarter-end. Public domain. The book and weighting are long equity only; disclosed put/call options are listed separately and excluded from those totals. The performance line is a simulation of the disclosed long book, not an audited return.