NextCapital Advisers, Inc.
Regulatory profile
From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.
Portfolio style
Measured from the filed 13F common-share book for Jun 30, 2022, never from the firm's own description.
Closest benchmark: every 13F filer's combined book, active share 96.4%; sector active share 71.8% against the combined 13F book's sector weights.
Over time 10 measured quarters
How the bands are measured
Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.
Clone Performance
Build a hypothetical price-return history from this filer's public 13F holdings.
View clone backtestPortfolio Concentration
14 tracked positions · as of Jun 30, 2022 · Δ vs Mar 31, 2022Portfolio Trend
Sector Breakdown
As of Jun 30, 2022| Sector | % Portfolio | Value |
|---|---|---|
| Unclassified | 100.0% | $4,866,891,375 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| IEFA | iShares Core MSCI EAFE ETF | +1,013,560 | 13,890,595 | $817,461,515 | |
| IEMG | iShares Trust | +475,133 | 5,851,176 | $0 | |
| HYLB | Xtrackers USD High Yield Corporate Bond ETF | +392,086 | 11,403,342 | $384,634,725 | |
| IVV | iShares Core S&P 500 ETF | +290,474 | 4,028,711 | $1,527,485,775 | |
| IJR | iShares Core S&P Small-Cap ETF | +180,831 | 3,802,869 | $351,423,124 | |
| SCHP | Schwab U.S. TIPS ETF | +84,213 | 3,698,454 | $206,373,733 | |
| AGG | iShares Core U.S. Aggregate Bond ETF | +61,177 | 8,170,415 | $830,767,797 | |
| EMB | iShares J.P. Morgan USD Emerging Markets Bond ETF | +58,190 | 1,389,115 | $118,519,291 | |
| BNDX | Vanguard Total International Bond ETF | +33,080 | 3,611,909 | $178,933,971 | |
| VNQ | VANGUARD REAL ESTATE INDEX FUND | +31,514 | 806,002 | $73,434,842 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| BSV | VANGUARD SHORT-TERM BOND INDEX FUND | −87,970 | 1,717,224 | $131,865,630 | |
| VGSH | VANGUARD SHORT-TERM TREASURY INDEX FUND | −68,778 | 1,684,592 | $99,155,085 | |
| SHV | iShares 0-1 Year Treasury Bond ETF | −48,155 | 772,547 | $85,057,424 | |
| VTIP | VANGUARD SHORT-TERM INFLATION-PROTECTED SECURITIES INDEX FUND | −37,326 | 1,232,611 | $61,778,463 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarterSold Out
Positions the filer fully exited| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| IVV |
iShares Core S&P 500 ETF
|
Added | 4,028,711 | $1,527,485,775 | 31.39% | |
| AGG |
iShares Core U.S. Aggregate Bond ETF
|
Added | 8,170,415 | $830,767,797 | 17.07% | |
| IEFA |
iShares Core MSCI EAFE ETF
|
Added | 13,890,595 | $817,461,515 | 16.80% | |
| HYLB |
Xtrackers USD High Yield Corporate Bond ETF
|
Added | 11,403,342 | $384,634,725 | 7.90% | |
| IJR |
iShares Core S&P Small-Cap ETF
|
Added | 3,802,869 | $351,423,124 | 7.22% | |
| SCHP |
Schwab U.S. TIPS ETF
|
Added | 3,698,454 | $206,373,733 | 4.24% | |
| BNDX |
Vanguard Total International Bond ETF
|
Added | 3,611,909 | $178,933,971 | 3.68% | |
| BSV |
VANGUARD SHORT-TERM BOND INDEX FUND
|
Reduced | 1,717,224 | $131,865,630 | 2.71% | |
| EMB |
iShares J.P. Morgan USD Emerging Markets Bond ETF
|
Added | 1,389,115 | $118,519,291 | 2.44% | |
| VGSH |
VANGUARD SHORT-TERM TREASURY INDEX FUND
|
Reduced | 1,684,592 | $99,155,085 | 2.04% | |
| SHV |
iShares 0-1 Year Treasury Bond ETF
|
Reduced | 772,547 | $85,057,424 | 1.75% | |
| VNQ |
VANGUARD REAL ESTATE INDEX FUND
|
Added | 806,002 | $73,434,842 | 1.51% | |
| VTIP |
VANGUARD SHORT-TERM INFLATION-PROTECTED SECURITIES INDEX FUND
|
Reduced | 1,232,611 | $61,778,463 | 1.27% | |
| IEMG |
iShares Trust
|
Added | 5,851,176 | $0 | 0.00% |
Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.