# NEXT Financial Holdings

> Institutional holdings reported to the SEC as of Q1 2019 on Form 13F. CIK 1541670. Source: https://holderbook.com/funds/1541670-next-financial-holdings/

- Reported value: $394.7M
- Positions: 1,614
- Weight of the ten largest: 35.9%
- Filed: 2019-05-13

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| ISHARES TR | [SHY](https://holderbook.com/stocks/SHY/) | $51.5M | 612,353 | 13.0% | 1 |
| VANGUARD SCOTTSDALE FDS | [VGSH](https://holderbook.com/stocks/VGSH/) | $25.8M | 427,525 | 6.5% | 1 |
| SCHWAB STRATEGIC TR | [SCHO](https://holderbook.com/stocks/SCHO/) | $25.8M | 514,620 | 6.5% | 1 |
| ISHARES U S ETF TR | [NEAR](https://holderbook.com/stocks/NEAR/) | $11.2M | 222,153 | 2.8% | 1 |
| SPDR SERIES TRUST | [BIL](https://holderbook.com/stocks/BIL/) | $6.3M | 68,262 | 1.6% | 1 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $5.7M | 30,020 | 1.4% | 1 |
| ISHARES TR | [HYG](https://holderbook.com/stocks/HYG/) | $4.2M | 48,031 | 1.1% | 1 |
| ISHARES TR | [IEF](https://holderbook.com/stocks/IEF/) | $4.1M | 38,410 | 1.0% | 1 |
| SPDR SERIES TRUST | [JNKXXXX](https://holderbook.com/stocks/JNKXXXX/) | $3.6M | 100,468 | 0.9% | 1 |
| VANGUARD BD INDEX FDS | [BSV](https://holderbook.com/stocks/BSV/) | $3.6M | 44,913 | 0.9% | 1 |
| VANGUARD BD INDEX FDS | [BIV](https://holderbook.com/stocks/BIV/) | $3.3M | 39,589 | 0.8% | 1 |
| VANGUARD BD INDEX FDS | [BLV](https://holderbook.com/stocks/BLV/) | $3.3M | 36,038 | 0.8% | 1 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $3.2M | 22,217 | 0.8% | 1 |
| VANGUARD WORLD FD | [VGT](https://holderbook.com/stocks/VGT/) | $3.2M | 15,838 | 0.8% | 1 |
| VANGUARD INDEX FDS | [VNQ](https://holderbook.com/stocks/VNQ/) | $3.1M | 35,282 | 0.8% | 1 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $3.0M | 14,840 | 0.8% | 1 |
| VANGUARD WORLD FD | [VCR](https://holderbook.com/stocks/VCR/) | $2.9M | 16,782 | 0.7% | 1 |
| VANGUARD WORLD FD | [VPU](https://holderbook.com/stocks/VPU/) | $2.9M | 22,267 | 0.7% | 1 |
| VANGUARD WORLD FD | [VDC](https://holderbook.com/stocks/VDC/) | $2.8M | 19,595 | 0.7% | 1 |
| VANGUARD WORLD FD | [VOX](https://holderbook.com/stocks/VOX/) | $2.8M | 33,367 | 0.7% | 1 |
| VANGUARD WORLD FD | [VDE](https://holderbook.com/stocks/VDE/) | $2.8M | 30,887 | 0.7% | 1 |
| VANGUARD WORLD FD | [VIS](https://holderbook.com/stocks/VIS/) | $2.8M | 19,703 | 0.7% | 1 |
| VANGUARD WORLD FD | [VAW](https://holderbook.com/stocks/VAW/) | $2.7M | 22,306 | 0.7% | 1 |
| VANGUARD WORLD FD | [VHT](https://holderbook.com/stocks/VHT/) | $2.7M | 15,788 | 0.7% | 1 |
| VANGUARD WORLD FD | [VFH](https://holderbook.com/stocks/VFH/) | $2.7M | 41,709 | 0.7% | 1 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $2.4M | 13,101 | 0.6% | 1 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $2.1M | 18,088 | 0.5% | 1 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $2.0M | 27,208 | 0.5% | 1 |
| FIDELITY COVINGTON TRUST | [FUTY](https://holderbook.com/stocks/FUTY/) | $1.9M | 50,217 | 0.5% | 1 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $1.9M | 1,060 | 0.5% | 1 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $1.8M | 11,019 | 0.5% | 1 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $1.6M | 8,283 | 0.4% | 1 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $1.6M | 12,877 | 0.4% | 1 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $1.4M | 4,886 | 0.4% | 1 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $1.4M | 8,697 | 0.3% | 1 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $1.3M | 24,950 | 0.3% | 1 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $1.3M | 41,010 | 0.3% | 1 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $1.3M | 15,507 | 0.3% | 1 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $1.2M | 20,869 | 0.3% | 1 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $1.2M | 8,698 | 0.3% | 1 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $1.2M | 11,518 | 0.3% | 1 |
| ISHARES TR | [USMV](https://holderbook.com/stocks/USMV/) | $1.2M | 20,147 | 0.3% | 1 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $1.1M | 7,297 | 0.3% | 1 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $1.1M | 7,205 | 0.3% | 1 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $1.1M | 5,546 | 0.3% | 1 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $989.0K | 3,494 | 0.3% | 1 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $959.0K | 34,755 | 0.2% | 1 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $954.0K | 22,454 | 0.2% | 1 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $934.0K | 5,201 | 0.2% | 1 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $931.0K | 7,553 | 0.2% | 1 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $903.0K | 5,707 | 0.2% | 1 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $894.0K | 8,055 | 0.2% | 1 |
| SELECT SECTOR SPDR TR | [XLI](https://holderbook.com/stocks/XLI/) | $892.0K | 11,880 | 0.2% | 1 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $891.0K | 3,785 | 0.2% | 1 |
| CONOCOPHILLIPS | [COP](https://holderbook.com/stocks/COP/) | $886.0K | 13,273 | 0.2% | 1 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $874.0K | 21,387 | 0.2% | 1 |
| SPDR SERIES TRUST | [XTL](https://holderbook.com/stocks/XTL/) | $862.0K | 12,188 | 0.2% | 1 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $829.0K | 705 | 0.2% | 1 |
| UNITED TECHNOLOGIES CORP | [UTX](https://holderbook.com/stocks/UTX/) | $818.0K | 6,347 | 0.2% | 1 |
| KEYSIGHT TECHNOLOGIES INC | [KEYS](https://holderbook.com/stocks/KEYS/) | $813.0K | 9,323 | 0.2% | 1 |
| PIMCO ETF TR | [HYS](https://holderbook.com/stocks/HYS/) | $809.0K | 8,074 | 0.2% | 1 |
| SELECT SECTOR SPDR TR | [XLP](https://holderbook.com/stocks/XLP/) | $806.0K | 14,365 | 0.2% | 1 |
| ISHARES TR | [DVY](https://holderbook.com/stocks/DVY/) | $805.0K | 8,197 | 0.2% | 1 |
| DBX ETF TR | [HYLB](https://holderbook.com/stocks/HYLB/) | $803.0K | 16,144 | 0.2% | 1 |
| SPDR SERIES TRUST | [SJNK](https://holderbook.com/stocks/SJNK/) | $799.0K | 29,313 | 0.2% | 1 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $781.0K | 9,376 | 0.2% | 1 |
| GENERAL MILLS INC | [GIS](https://holderbook.com/stocks/GIS/) | $778.0K | 15,027 | 0.2% | 1 |
| ALTRIA GROUP INC | [MO](https://holderbook.com/stocks/MO/) | $773.0K | 13,459 | 0.2% | 1 |
| ISHARES TR | [EEM](https://holderbook.com/stocks/EEM/) | $764.0K | 17,794 | 0.2% | 1 |
| ALIBABA GROUP HLDG LTD | [BABA](https://holderbook.com/stocks/BABA/) | $755.0K | 4,136 | 0.2% | 1 |
| BOEING CO | [BA](https://holderbook.com/stocks/BA/) | $702.0K | 1,838 | 0.2% | 1 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $689.0K | 12,750 | 0.2% | 1 |
| ISHARES TR | [IWD](https://holderbook.com/stocks/IWD/) | $688.0K | 5,568 | 0.2% | 1 |
| LAUDER ESTEE COS INC | [EL](https://holderbook.com/stocks/EL/) | $682.0K | 4,118 | 0.2% | 1 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $672.0K | 13,001 | 0.2% | 1 |
| ISHARES TR | [QUAL](https://holderbook.com/stocks/QUAL/) | $661.0K | 7,473 | 0.2% | 1 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $660.0K | 2,672 | 0.2% | 1 |
| BP PLC | [BP](https://holderbook.com/stocks/BP/) | $657.0K | 15,025 | 0.2% | 1 |
| ISHARES TR | [ITOT](https://holderbook.com/stocks/ITOT/) | $655.0K | 10,172 | 0.2% | 1 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $652.0K | 4,624 | 0.2% | 1 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $649.0K | 13,596 | 0.2% | 1 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $645.0K | 2,661 | 0.2% | 1 |
| STERIS PLC | [STE](https://holderbook.com/stocks/STE/) | $644.0K | 5,030 | 0.2% | 1 |
| VANGUARD BD INDEX FDS | [BND](https://holderbook.com/stocks/BND/) | $629.0K | 7,748 | 0.2% | 1 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $625.0K | 5,100 | 0.2% | 1 |
| BROOKFIELD ASSET MGMT INC | [BAMXXXX](https://holderbook.com/stocks/BAMXXXX/) | $616.0K | 13,216 | 0.2% | 1 |
| BIODELIVERY SCIENCES INTL IN | [BDSI](https://holderbook.com/stocks/BDSI/) | $613.0K | 115,650 | 0.2% | 1 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $612.0K | 14,405 | 0.2% | 1 |
| XILINX INC | [XLNX](https://holderbook.com/stocks/XLNX/) | $611.0K | 4,821 | 0.2% | 1 |
| CLOROX CO DEL | [CLX](https://holderbook.com/stocks/CLX/) | $605.0K | 3,770 | 0.2% | 1 |
| SOUTHERN CO | [SO](https://holderbook.com/stocks/SO/) | $603.0K | 11,661 | 0.2% | 1 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $601.0K | 9,900 | 0.2% | 1 |
| INVESCO EXCH TRADED FD TR II | [SPHD](https://holderbook.com/stocks/SPHD/) | $581.0K | 13,695 | 0.1% | 1 |
| PROGRESSIVE CORP | [PGR](https://holderbook.com/stocks/PGR/) | $578.0K | 8,017 | 0.1% | 1 |
| VANGUARD WORLD FD | [MGC](https://holderbook.com/stocks/MGC/) | $574.0K | 5,875 | 0.1% | 1 |
| GLOBAL X FDS | [SDIVXXXX](https://holderbook.com/stocks/SDIVXXXX/) | $563.0K | 30,924 | 0.1% | 1 |
| MAMMOTH ENERGY SVCS INC | [TUSK](https://holderbook.com/stocks/TUSK/) | $556.0K | 33,418 | 0.1% | 1 |
| SANOFI SA | [SNY](https://holderbook.com/stocks/SNY/) | $556.0K | 12,560 | 0.1% | 1 |
| INVESCO EXCH TRADED FD TR II | [SPLV](https://holderbook.com/stocks/SPLV/) | $547.0K | 10,385 | 0.1% | 1 |
| ENBRIDGE INC | [ENB](https://holderbook.com/stocks/ENB/) | $546.0K | 15,045 | 0.1% | 1 |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q1 2019 | $394.7M | 1,614 |