Next Capital Management 13F annual report
Next Capital Management is an investment fund managing more than $237 billion ran by Catherine Sanford. There are currently 135 companies in Mrs. Sanford’s portfolio. The largest investments include Ishares Core S&p 500 and Golub Capital BDC Inc, together worth $42.1 billion.
$237 billion Assets Under Management (AUM)
As of 13th August 2024, Next Capital Management’s top holding is 54,725 shares of Ishares Core S&p 500 currently worth over $29.9 billion and making up 12.6% of the portfolio value.
In addition, the fund holds 771,910 shares of Golub Capital BDC Inc worth $12.1 billion, whose value fell 8.2% in the past six months.
The third-largest holding is Invsc Qqq Trust Srs 1 worth $11.4 billion and the next is Ishares Russell 1000 worth $10.1 billion, with 30,177 shares owned.
Currently, Next Capital Management's portfolio is worth at least $237 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Next Capital Management
The Next Capital Management office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Catherine Sanford serves as the Chief Operating Officer at Next Capital Management.
Recent trades
In the most recent 13F filing, Next Capital Management revealed that it had opened a new position in
TransUnion and bought 5,691 shares worth $422 million.
This means they effectively own approximately 0.1% of the company.
TransUnion makes up
12.9%
of the fund's Industrials sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Ishares Core S&p 500 by buying
1,519 additional shares.
This makes their stake in Ishares Core S&p 500 total 54,725 shares worth $29.9 billion.
On the other hand, there are companies that Next Capital Management is getting rid of from its portfolio.
Next Capital Management closed its position in Ishares Russell 1000 Etf on 20th August 2024.
It sold the previously owned 13,135 shares for $3.78 billion.
Catherine Sanford also disclosed a decreased stake in Amazon.com by approximately 0.1%.
This leaves the value of the investment at $9.83 billion and 50,874 shares.
One of the smallest hedge funds
The two most similar investment funds to Next Capital Management are Carmel Capital Partners and Stf Management L.P.. They manage $237 billion and $237 billion respectively.
Catherine Sanford investment strategy
Next Capital Management’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Finance — making up 10.4% of
the total portfolio value.
The fund focuses on investments in the United States as
37.0% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
33% of the total holdings value.
On the other hand, small-cap stocks make up only 0.7% of the portfolio.
The average market cap of the portfolio companies is close to $268 billion.
The complete list of Next Capital Management trades based on 13F SEC filings
These positions were updated on August 20th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Ishares Core S&p 500 |
2.85%
54,725
|
$29,947,073,000 | 12.63% |
| Golub Capital BDC Inc |
191.80%
771,910
|
$12,126,706,000 | 5.11% |
| Invsc Qqq Trust Srs 1 |
0.68%
23,757
|
$11,382,140,000 | 4.80% |
| Ishares Russell 1000 |
77.98%
30,177
|
$10,120,167,000 | 4.27% |
| Amazon.com Inc. |
0.27%
50,874
|
$9,831,401,000 | 4.15% |
| Facebook Inc Class A |
0.58%
19,135
|
$9,648,284,000 | 4.07% |
| Apple Inc |
0.96%
44,886
|
$9,453,956,000 | 3.99% |
| Select Sector Health |
1.97%
47,130
|
$6,869,170,000 | 2.90% |
| Ishares Core Msci Eafe |
5.23%
88,455
|
$6,425,386,000 | 2.71% |
| Vanguard Total Stock |
No change
18,842
|
$5,040,525,000 | 2.13% |
| Charles Schwab Corp. |
1.71%
66,160
|
$4,875,330,000 | 2.06% |
| Nuveen Floating Rate Inc |
5.21%
544,590
|
$4,711,206,000 | 1.99% |
| Ishares S&p 500 Growth |
No change
46,295
|
$4,284,139,000 | 1.81% |
| Vanguard S&p 500 Etf |
42.11%
7,873
|
$3,937,664,000 | 1.66% |
| Ishares Russell 1000 Etf |
Closed
13,135
|
$3,783,274,000 | |
| Ishares Core Msci |
6.25%
67,294
|
$3,602,241,000 | 1.52% |
| Blackstone Long Short Cr |
11.85%
286,640
|
$3,562,935,000 | 1.50% |
| Ishares Russell 1000 Value Etf |
0.63%
18,700
|
$3,262,557,000 | 1.38% |
| Ishares Core S&p Small |
1.16%
30,489
|
$3,252,008,000 | 1.37% |
| Schwab Us Large Cap Etf |
1.38%
49,744
|
$3,196,040,000 | 1.35% |
| Berkshire Hathaway Inc. |
10.28%
7,471
|
$3,039,203,000 | 1.28% |
| J P Morgan Chase & Co |
3.82%
14,918
|
$3,017,296,000 | 1.27% |
| Apollo Senior Floating R |
42.76%
202,529
|
$2,944,772,000 | 1.24% |
| Schwab Us Small Cap Etf |
13.97%
60,056
|
$2,849,657,000 | 1.20% |
| Spdr S&p 500 Etf |
39.03%
5,033
|
$2,738,890,000 | 1.16% |
| Ishares Core S&p Mid Cap |
0.14%
44,695
|
$2,615,548,000 | 1.10% |
| Blackstne Strgic Credit |
11.09%
209,509
|
$2,491,062,000 | 1.05% |
| Jpmorgan Ultra Short |
47.34%
45,203
|
$2,281,395,000 | 0.96% |
| Teleflex Incorporate |
7.04%
10,414
|
$2,190,415,000 | 0.92% |
| Microsoft Corporation |
1.11%
4,563
|
$2,039,524,000 | 0.86% |
| Tesla Inc |
1.35%
9,579
|
$1,895,493,000 | 0.80% |
| KKR & Co. Inc |
0.99%
17,483
|
$1,839,911,000 | 0.78% |
| Vanguard Mid Cap Growth |
No change
7,530
|
$1,728,587,000 | 0.73% |
| Walmart Inc |
1.64%
22,396
|
$1,516,416,000 | 0.64% |
| Vanguard Information |
81.54%
4,288
|
$1,376,077,000 | 0.58% |
| Alphabet Inc |
5.78%
7,389
|
$1,355,290,000 | 0.57% |
| Kraneshares Csi China |
No change
49,020
|
$1,324,520,000 | 0.56% |
| Ishares Msci Emerging |
No change
30,411
|
$1,295,204,000 | 0.55% |
| Select Str Financial |
8.10%
30,674
|
$1,261,008,000 | 0.53% |
| Ishares High Yield |
No change
29,859
|
$1,260,050,000 | 0.53% |
| 1/100 Berkshire Htwy A |
No change
200
|
$1,224,482,000 | 0.52% |
| Vanguard Real Estate |
No change
14,224
|
$1,191,402,000 | 0.50% |
| NVIDIA Corp |
768.45%
9,440
|
$1,166,218,000 | 0.49% |
| Apollo Global Mgmt Inc N |
No change
9,824
|
$1,159,920,000 | 0.49% |
| Saba Capital Income Oppo |
1.82%
162,644
|
$1,145,014,000 | 0.48% |
| Coca-Cola Co |
0.89%
17,936
|
$1,141,772,000 | 0.48% |
| Ecolab, Inc. |
5.72%
4,733
|
$1,126,454,000 | 0.48% |
| Ishares Core S&p Us |
13.96%
12,730
|
$1,121,880,000 | 0.47% |
| Vanguard Large Cap Etf |
No change
4,429
|
$1,105,567,000 | 0.47% |
| Mcdonalds Corp |
1.73%
4,309
|
$1,098,106,000 | 0.46% |
| Philip Morris Intl |
38.49%
10,021
|
$1,092,686,000 | 0.46% |
| Vanguard Information Technology Etf |
Closed
1,989
|
$1,043,241,000 | |
| Netflix Inc. |
5.22%
1,513
|
$1,021,093,000 | 0.43% |
| Eli Lilly And Co |
3.93%
1,123
|
$1,016,742,000 | 0.43% |
| Alphabet Inc |
10.37%
5,180
|
$943,537,000 | 0.40% |
| Ishares Russell 2000 |
5.22%
4,615
|
$924,762,000 | 0.39% |
| Ishares Russell Mid Cap |
21.79%
8,294
|
$892,350,000 | 0.38% |
| Technology Select Sector |
1.37%
3,922
|
$887,274,000 | 0.37% |
| Vanguard High Dividend |
45.19%
7,374
|
$874,556,000 | 0.37% |
| First Trust North |
No change
28,673
|
$873,380,000 | 0.37% |
| Cbiz Inc |
No change
11,000
|
$815,100,000 | 0.34% |
| Nuveen Ny Amt Free Qlt M |
No change
66,704
|
$739,747,000 | 0.31% |
| Ishares Msci Eafe Etf |
No change
9,366
|
$733,639,000 | 0.31% |
| Home Depot, Inc. |
3.44%
2,131
|
$733,575,000 | 0.31% |
| Blackstone Inc |
2.75%
5,730
|
$709,374,000 | 0.30% |
| Vanguard Growth Etf |
No change
1,772
|
$662,746,000 | 0.28% |
| PPG Industries, Inc. |
0.31%
5,204
|
$655,132,000 | 0.28% |
| Oneok Inc. |
0.98%
8,003
|
$652,645,000 | 0.28% |
| Qualcomm, Inc. |
4.27%
3,119
|
$621,242,000 | 0.26% |
| Vanguard Ftse Developed |
2.48%
12,494
|
$617,453,000 | 0.26% |
| Salesforce Inc |
85.84%
2,401
|
$617,177,000 | 0.26% |
| Blue Owl Cap Corp |
96.80%
40,121
|
$616,259,000 | 0.26% |
| Merck & Co Inc |
12.23%
4,891
|
$606,105,000 | 0.26% |
| Amer Electric Pwr Co |
0.06%
6,707
|
$588,472,000 | 0.25% |
| Comcast Corp |
6.46%
14,918
|
$584,189,000 | 0.25% |
| Ishares Core Dividend |
No change
12,487
|
$552,425,000 | 0.23% |
| Rivernorth Doublline Str |
0.06%
63,859
|
$552,380,000 | 0.23% |
| Johnson & Johnson |
10.01%
3,694
|
$539,915,000 | 0.23% |
| Parker-Hannifin Corp. |
1.61%
1,037
|
$524,525,000 | 0.22% |
| Vanguard Ftse Emerging |
No change
11,768
|
$514,968,000 | 0.22% |
| Vaneck Semiconductor |
No change
1,954
|
$509,408,000 | 0.21% |
| Goldman Sachs Group, Inc. |
6.02%
1,092
|
$493,933,000 | 0.21% |
| Schwab Fundmntl Us Large |
63.21%
7,196
|
$481,988,000 | 0.20% |
| Visa Inc |
5.16%
1,752
|
$459,961,000 | 0.19% |
| Pimco Active Bond Etf |
Closed
4,987
|
$458,106,000 | |
| Pfizer Inc. |
1.88%
16,321
|
$456,662,000 | 0.19% |
| Pimco Active Bond Etf |
154.57%
4,987
|
$454,216,000 | 0.19% |
| Blackrock Short Mat Bond Etf |
No change
8,975
|
$451,712,000 | 0.19% |
| Nuveen New York Qlty Mnc |
No change
39,784
|
$447,570,000 | 0.19% |
| SLR Investment Corp |
No change
27,520
|
$442,797,000 | 0.19% |
| Brookfield Corp F |
No change
10,500
|
$436,170,000 | 0.18% |
| Northrop Grumman Corp. |
16.31%
970
|
$422,872,000 | 0.18% |
| TransUnion |
Opened
5,691
|
$422,045,000 | 0.18% |
| Schwab Us Dividend |
5.87%
5,356
|
$416,483,000 | 0.18% |
| Vanguard Value Etf |
No change
2,511
|
$402,790,000 | 0.17% |
| Vaneck Gold Miners Etf |
No change
11,752
|
$398,745,000 | 0.17% |
| Abbvie Inc |
2.95%
2,301
|
$394,668,000 | 0.17% |
| Procter & Gamble Co. |
9.06%
2,378
|
$392,180,000 | 0.17% |
| Adobe Inc |
3.20%
678
|
$376,656,000 | 0.16% |
| C S G Systems Intl |
No change
9,000
|
$370,530,000 | 0.16% |
| Pinterest Inc |
0.12%
8,380
|
$369,307,000 | 0.16% |
| Ishares Micro Cap Etf |
No change
3,123
|
$356,022,000 | 0.15% |
| Auto Data Processing |
5.26%
1,442
|
$344,318,000 | 0.15% |
| Tortoise Energy Infrastr |
No change
9,770
|
$340,680,000 | 0.14% |
| Chevron Corp. |
22.91%
2,012
|
$314,717,000 | 0.13% |
| Lennox Interntnl |
6.83%
587
|
$314,033,000 | 0.13% |
| Spdr Portfolio Mortgage Backed Bond Etf |
No change
14,557
|
$313,994,000 | 0.13% |
| Paycom Software Inc |
Closed
1,574
|
$313,242,000 | |
| Invesco NASDAQ 100 ETF |
6.08%
1,545
|
$304,535,000 | 0.13% |
| Blackrock Tcp Cap Corp |
60.42%
27,945
|
$301,806,000 | 0.13% |
| Avalonbay Cmntys Inc |
0.62%
1,450
|
$299,991,000 | 0.13% |
| Trimas Corporation |
No change
11,500
|
$293,940,000 | 0.12% |
| Invesco S&p 500 Quality |
No change
4,596
|
$292,030,000 | 0.12% |
| Roper Technologies Inc |
4.21%
500
|
$281,830,000 | 0.12% |
| Costco Wholesale Corp |
12.30%
321
|
$272,847,000 | 0.12% |
| Spotify Technology F |
No change
860
|
$269,859,000 | 0.11% |
| Ishares Us Energy Etf |
No change
5,500
|
$264,000,000 | 0.11% |
| Xtrackers Msci Eafe Hdgd |
No change
6,331
|
$262,357,000 | 0.11% |
| Altria Group Inc. |
20.71%
5,700
|
$260,737,000 | 0.11% |
| Mgm Resorts Intl |
0.43%
5,750
|
$255,530,000 | 0.11% |
| Honeywell International Inc |
10.92%
1,188
|
$253,686,000 | 0.11% |
| Abbott Laboratories |
Closed
2,223
|
$252,666,000 | |
| Texas Instruments Inc. |
Opened
1,293
|
$251,527,000 | 0.11% |
| Illinois Tool Works, Inc. |
12.93%
1,057
|
$250,660,000 | 0.11% |
| Fidelity Natl Finl |
Closed
4,708
|
$249,995,000 | |
| Mondelez Intl |
2.25%
3,656
|
$239,249,000 | 0.10% |
| Bloom Energy Corp |
No change
18,622
|
$227,933,000 | 0.10% |
| Coinbase Global Inc |
No change
1,015
|
$225,563,000 | 0.10% |
| Microchip Technology, Inc. |
2.77%
2,459
|
$224,999,000 | 0.09% |
| Vanguard Dividend |
58.70%
1,215
|
$221,798,000 | 0.09% |
| Williams Cos Inc |
Opened
5,198
|
$220,915,000 | 0.09% |
| S&P Global Inc |
Opened
495
|
$220,770,000 | 0.09% |
| Amplify Etf Tr Ampify Alternative Harvest Etf |
Closed
52,447
|
$219,228,000 | |
| Manhattan Associates, Inc. |
Closed
865
|
$216,449,000 | |
| Ermenegildo Zegna N V F |
No change
18,275
|
$216,376,000 | 0.09% |
| Willamette Vly Viney |
No change
54,800
|
$215,364,000 | 0.09% |
| Blackrock Inc. |
Opened
272
|
$214,151,000 | 0.09% |
| Prologis Inc. Reit |
Closed
1,643
|
$213,951,000 | |
| Charles Schwab Us Mc |
No change
2,695
|
$209,775,000 | 0.09% |
| Vanguard Intermediate |
Opened
2,686
|
$209,088,000 | 0.09% |
| Paramount Global Class B |
Closed
17,576
|
$206,870,000 | |
| Danaher Corp. |
Closed
826
|
$206,269,000 | |
| Boeing Co. |
Closed
1,063
|
$205,148,000 | |
| Travelers Companies Inc. |
2.14%
1,007
|
$204,763,000 | 0.09% |
| Booking Holdings Inc |
Opened
51
|
$202,037,000 | 0.09% |
| Blackstne Sr Floatng Rt |
Closed
10,964
|
$157,114,000 | |
| Nuveen Amt Free Mncpl Cr |
Closed
10,818
|
$131,439,000 | |
| Wise Plc Ordf |
Closed
11,116
|
$130,335,000 | |
| E2open Parent Hldgs Inc |
No change
24,295
|
$109,085,000 | 0.05% |
| Vintage Wine Estates Inc |
No change
100,049
|
$13,927,000 | 0.01% |
| Cytodyn Inc |
Closed
32,500
|
$5,306,000 | |
| No transactions found | |||
| Showing first 500 out of 151 holdings | |||
Hedge funds similar to Next Capital Management
- Rede Wealth
- Concentrum Wealth Management
- The Ayco , L.P.
- Hixon Zuercher
- Infusive Asset Management
- Stf Management L.P.
- Carmel Capital Partners
- Van Strum & Towne Inc
- Lhm, Inc
- Silver Heights Capital Management Inc
- Yeomans Consulting
- Olio Planning
- Hudson Value Partners
- First Sabrepoint Capital Management L.P.