Next Capital Management LLC
Next Capital Management LLC is an SEC-registered investment adviser headquartered in New York City, NY. Founded in Delaware, the firm primarily serves high net worth individuals, charitable organizations, pension plans, corporations, and other U.S. clients. As of April 2025, it manages approximately $1.78 billion in assets and employs around 20 people, including investment managers and brokers. It is known for tailoring wealth management solutions and portfolio strategies to a diverse affluent clientele.
Investment Strategy
Next Capital Management LLC employs a diversified investment approach focusing on portfolio management for high net worth individuals and a mix of other institutions, including charities and pension plans. The firm maintains a broad allocation across equities—frequently rotating top positions among major U.S. stocks, including Amazon, Apple, Meta, and Microsoft—and actively adjusts holdings in response to changing market conditions. The strategy emphasizes long-term capital appreciation through selection of growth and value equities, ETFs, and opportunistic positions, demonstrating flexibility in adding and reducing exposure to various market sectors based on client objectives and risk tolerance.
Top Holdings
Equity Positions (135)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
I IVV | ISHARES CORE S&P 500 ETF | 14.72% | $39.8M | 64,149 | $399.83 | $620.90 | +$6.9M |
M META | META PLATFORMS INC CLASS A | 4.54% | $12.3M | 16,657 | $199.97 | $738.09 | +$2.7M |
Q QQQ | INVESCO QQQ TRUST | 4.44% | $12.0M | 21,800 | $271.49 | $551.64 | +$1.8M |
I IEFA | ISHARES CORE MSCI EAFE ETF | 3.59% | $9.7M | 116,335 | $68.72 | $83.48 | +$1.8M |
A AMZN | AMAZON.COM INC | 3.56% | $9.6M | 43,967 | $126.68 | $219.39 | +$2.2M |