Next Capital Management 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

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COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
1/100 BERKSHIRE HTWY CLA100 SHS=1 WHOLE SH BRK A	COM	084990175	937	200	SH		SOLE		0	0	200
ABBVIE INC	COM	00287Y109	213	1,315	SH		SOLE		0	0	1,315
ACTIVISION BLIZZARD	COM	00507V109	367	4,800	SH		SOLE		0	0	4,800
ADS TEC ENERGY PLC F	FGO	G0085J117	40	12,915	SH		SOLE		0	0	12,915
ALPHABET INC. CLASS A	COM	02079K305	399	4,520	SH		SOLE		0	0	4,520
ALPHABET INC. CLASS C	COM	02079K107	275	3,100	SH		SOLE		0	0	3,100
ALTRIA GROUP INC	COM	02209S103	209	4,576	SH		SOLE		0	0	4,576
AMAZON.COM INC	COM	023135106	1,826	21,735	SH		SOLE		0	0	21,735
APOLLO GLOBAL MANAGEMENT	COM	03769M106	1,020	15,997	SH		SOLE		0	0	15,997
APOLLO SENIOR FLOATING R	CEM	037636107	4,700	380,905	SH		SOLE		0	0	380,905
APPLE INC	COM	037833100	4,537	34,915	SH		SOLE		0	0	34,915
AVALONBAY CMNTYS INC REIT	RET	053484101	529	3,275	SH		SOLE		0	0	3,275
BERKSHIRE HATHAWAY CLASS B	COM	084670702	3,233	10,466	SH		SOLE		0	0	10,466
BlackRock Short Mat Bond ETF	UIE	46431W507	343	6,958	SH		SOLE		0	0	6,958
BLACKROCK TCP CAPITAL CO	COM	09259E108	659	50,858	SH		SOLE		0	0	50,858
BLACKSTONE INC	COM	09260D107	1,218	16,415	SH		SOLE		0	0	16,415
BLACKSTONE LONG SHORT CR	CEM	09257D102	3,110	286,933	SH		SOLE		0	0	286,933
BLACKSTONE MTG TR REIT	RET	09257W100	282	13,143	SH		SOLE		0	0	13,143
BLACKSTONE SECD LENDING	COM	09261X102	461	20,635	SH		SOLE		0	0	20,635
BLACKSTONE SENIOR FLOAT	CEM	09256U105	151	12,166	SH		SOLE		0	0	12,166
BLACKSTONE STRATEGIC CRE	CEM	09257R101	2,651	250,605	SH		SOLE		0	0	250,605
BROADMARK RLTY CAP INC	COM	11135B100	102	28,597	SH		SOLE		0	0	28,597
BROOKFIELD CORP FCLASS A	FGC	11271J107	330	10,500	SH		SOLE		0	0	10,500
BRT APARTMENTS CORP	COM	055645303	982	50,000	SH		SOLE		0	0	50,000
C S G SYSTEMS INTL	COM	126349109	1,048	18,318	SH		SOLE		0	0	18,318
CBIZ INC	COM	124805102	515	11,000	SH		SOLE		0	0	11,000
CELANESE CORP	COM	150870103	358	3,500	SH		SOLE		0	0	3,500
CLOROX CO	COM	189054109	210	1,500	SH		SOLE		0	0	1,500
COMCAST CORP NEW CLASS A	COM	20030N101	484	13,838	SH		SOLE		0	0	13,838
CYTODYN INC	COM	23283M101	8	37,500	SH		SOLE		0	0	37,500
DANAHER CORP	COM	235851102	592	2,229	SH		SOLE		0	0	2,229
E2OPEN PARENT HLDGS INC CLASS A	COM	29788T103	143	24,295	SH		SOLE		0	0	24,295
EATON VANCE FLOATING RAT	CEM	278279104	1,034	93,219	SH		SOLE		0	0	93,219
Ecolab Inc	COM	278865100	252	1,723	SH		SOLE		0	0	1,723
ERMENEGILDO ZEGNA N V F	FGO	N30577105	191	18,275	SH		SOLE		0	0	18,275
FIRST TRUST NORTH AMERICAN EN ETF IV	UIE	33738D101	894	33,496	SH		SOLE		0	0	33,496
GOLDMAN SACHS GROUP	COM	38141G104	217	631	SH		SOLE		0	0	631
GOLUB CAPITAL BDC INC	COM	38173M102	11,746	892,570	SH		SOLE		0	0	892,570
GRAYSCALE BITCOIN TR BTC	CEM	389637109	161	19,428	SH		SOLE		0	0	19,428
GRAYSCALE ETHEREUM TR ET	CEM	389638107	72	15,208	SH		SOLE		0	0	15,208
HCA HEALTHCARE INC	COM	40412C101	240	1,000	SH		SOLE		0	0	1,000
HOME DEPOT INC	COM	437076102	606	1,917	SH		SOLE		0	0	1,917
INOTIV INC	COM	45783Q100	99	20,000	SH		SOLE		0	0	20,000
INVESCO S&P 500 QUALITY ETF	UIE	46137V241	202	4,596	SH		SOLE		0	0	4,596
INVSC QQQ TRUST SRS 1 ETF	UIE	46090E103	6,933	26,037	SH		SOLE		0	0	26,037
ISHARES CORE MSCI EMERGING ETF	UIE	46434G103	847	18,146	SH		SOLE		0	0	18,146
ISHARES CORE MSCI EAFE ETF	UIE	46432F842	2,878	46,694	SH		SOLE		0	0	46,694
ISHARES CORE S&P 500 ETF	UIE	464287200	16,683	43,422	SH		SOLE		0	0	43,422
ISHARES CORE S&P MID-CAPETF	UIE	464287507	1,670	6,906	SH		SOLE		0	0	6,906
ISHARES CORE S&P SMALL CAP ETF	UIE	464287804	2,509	26,513	SH		SOLE		0	0	26,513
ISHARES HIGH YIELD CORPORAT BOND ETF	UIE	46434V407	6,161	150,673	SH		SOLE		0	0	150,673
ISHARES MICRO CAP ETF	UIE	464288869	337	3,123	SH		SOLE		0	0	3,123
ISHARES MSCI EAFE ETF	UIE	464287465	678	10,322	SH		SOLE		0	0	10,322
ISHARES RUSSELL 1000 ETF	UIE	464287622	1,321	6,276	SH		SOLE		0	0	6,276
ISHARES RUSSELL 1000 GROWTH ETF	UIE	464287614	3,242	15,132	SH		SOLE		0	0	15,132
ISHARES RUSSELL 1000 VALUE ETF	UIE	464287598	2,927	19,300	SH		SOLE		0	0	19,300
ISHARES RUSSELL 2000 ETF	UIE	464287655	586	3,362	SH		SOLE		0	0	3,362
ISHARES RUSSELL MID CAP GROWTH ETF	UIE	464287481	1,004	12,011	SH		SOLE		0	0	12,011
ISHARES S&P 500 GROWTH ETF	UIE	464287309	4,562	77,978	SH		SOLE		0	0	77,978
ISHARES US ENERGY ETF	UIE	464287796	256	5,500	SH		SOLE		0	0	5,500
JOHNSON & JOHNSON	COM	478160104	301	1,705	SH		SOLE		0	0	1,705
JPMORGAN CHASE & CO	COM	46625H100	1,928	14,376	SH		SOLE		0	0	14,376
JPMORGAN ULTRA SHORT INCOME ETF	UIE	46641Q837	1,679	33,499	SH		SOLE		0	0	33,499
JUSHI HLDGS INC FCLASS B	FGC	48213Y107	11	15,000	SH		SOLE		0	0	15,000
KKR & CO INC	COM	48251W104	812	17,483	SH		SOLE		0	0	17,483
LILLY ELI & CO	COM	532457108	766	2,095	SH		SOLE		0	0	2,095
MCDONALDS CORP	COM	580135101	1,011	3,837	SH		SOLE		0	0	3,837
MERCK & CO. INC.	COM	58933Y105	390	3,512	SH		SOLE		0	0	3,512
META PLATFORMS INC CLASS A	COM	30303M102	2,075	17,244	SH		SOLE		0	0	17,244
MICROSOFT CORP	COM	594918104	628	2,620	SH		SOLE		0	0	2,620
MONDELEZ INTL CLASS A	COM	609207105	244	3,656	SH		SOLE		0	0	3,656
NETFLIX INC	COM	64110L106	245	830	SH		SOLE		0	0	830
NORTHROP GRUMMAN CORP	COM	666807102	435	798	SH		SOLE		0	0	798
NUVEEN AMT FREE MNCPL CR	CEM	67071L106	131	10,818	SH		SOLE		0	0	10,818
NUVEEN FLOATG RATE INCM	CEM	6706EN100	467	59,807	SH		SOLE		0	0	59,807
NUVEEN NEW YORK QLTY MNC	CEM	67066X107	659	61,565	SH		SOLE		0	0	61,565
NUVEEN NY AMT FREE QLT M	CEM	670656107	920	89,704	SH		SOLE		0	0	89,704
NUVEEN SENIOR INCOME CF	CEM	67067Y104	1,892	412,094	SH		SOLE		0	0	412,094
NUVEEN SHORT DURATION CR	CEM	67074X107	2,749	231,794	SH		SOLE		0	0	231,794
ONE LIBERTY PPTYS INC REIT	RET	682406103	800	35,989	SH		SOLE		0	0	35,989
ONEOK INC	COM	682680103	369	5,620	SH		SOLE		0	0	5,620
OWL ROCK CAPITAL CORP	COM	69121K104	20,258	1,750,611	SH		SOLE		0	0	1,750,611
PARAMOUNT GLOBAL CLASS B	COM	92556H206	337	19,953	SH		SOLE		0	0	19,953
PARKER-HANNIFIN CORP	COM	701094104	291	1,000	SH		SOLE		0	0	1,000
PFIZER INC	COM	717081103	436	8,502	SH		SOLE		0	0	8,502
PHILIP MORRIS INTL	COM	718172109	701	6,924	SH		SOLE		0	0	6,924
PHILLIPS 66	COM	718546104	406	3,904	SH		SOLE		0	0	3,904
PIMCO Active Bond ETF	UIE	72201R775	453	4,987	SH		SOLE		0	0	4,987
PINTEREST INC CLASS A	COM	72352L106	203	8,370	SH		SOLE		0	0	8,370
PPG INDUSTRIES INC	COM	693506107	657	5,223	SH		SOLE		0	0	5,223
PUT TESLA INC 150 EXP 01/19/24	OEQ	88160R951	472	102	SH		SOLE		0	0	102
QUALCOMM INC	COM	747525103	330	3,000	SH		SOLE		0	0	3,000
READY CAP CORP	COM	75574U101	126	11,113	SH		SOLE		0	0	11,113
RIVERNORTH DOUBLLINE STR	CEM	76882G107	283	32,556	SH		SOLE		0	0	32,556
SABA CAPITAL INCOME OPPO	CEM	78518H202	1,456	191,327	SH		SOLE		0	0	191,327
SCHWAB US DIVIDEND EQUITY ETF	UIE	808524797	309	4,091	SH		SOLE		0	0	4,091
SCHWAB US LARGE CAP ETF	UIE	808524201	2,921	64,701	SH		SOLE		0	0	64,701
SCHWAB US SMALL CAP ETF	UIE	808524607	2,144	52,926	SH		SOLE		0	0	52,926
SELECT SECTOR HEALTH CARE SPDR ETF	UIE	81369Y209	7,234	53,253	SH		SOLE		0	0	53,253
SELECT STR FINANCIAL SELECT SPDR ETF	UIE	81369Y605	7,776	227,370	SH		SOLE		0	0	227,370
SLR INVESTMENT CORP	COM	83413U100	383	27,520	SH		SOLE		0	0	27,520
SPDR Doubleline TTL RTRN TTCL ETF	UIE	78467V848	407	10,155	SH		SOLE		0	0	10,155
SPDR Portfolio Mortgage Backed Bond ETF	UIE	78464A383	219	10,095	SH		SOLE		0	0	10,095
SPDR S&P 500 ETF	UIE	78462F103	756	1,978	SH		SOLE		0	0	1,978
TECHNOLOGY SELECT SECTORSPDR ETF	UIE	81369Y803	532	4,278	SH		SOLE		0	0	4,278
TELEFLEX INCORPORATE	COM	879369106	2,325	9,314	SH		SOLE		0	0	9,314
TESLA INC	COM	88160R101	1,408	11,429	SH		SOLE		0	0	11,429
THE COCA-COLA CO	COM	191216100	1,261	19,820	SH		SOLE		0	0	19,820
TORTOISE ENERGY INFRASTR	CEM	89147L886	348	10,941	SH		SOLE		0	0	10,941
TRIMAS CORP	COM	896215209	319	11,500	SH		SOLE		0	0	11,500
VANECK GOLD MINERS ETF	UIE	92189F106	337	11,752	SH		SOLE		0	0	11,752
VANGUARD FTSE DEVELOPED MARKETS ETF	UIE	921943858	342	8,156	SH		SOLE		0	0	8,156
VANGUARD FTSE EMERGING MARKETS ETF	UIE	922042858	459	11,768	SH		SOLE		0	0	11,768
VANGUARD GROWTH ETF	UIE	922908736	331	1,555	SH		SOLE		0	0	1,555
VANGUARD INFORMATION TECHNOLOGY ETF	UIE	92204A702	599	1,875	SH		SOLE		0	0	1,875
Vanguard Intermediate Term Cor ETF	UIE	92206C870	235	3,031	SH		SOLE		0	0	3,031
VANGUARD LARGE CAP ETF	UIE	922908637	772	4,429	SH		SOLE		0	0	4,429
VANGUARD MID CAP GROWTH ETF	UIE	922908538	1,354	7,530	SH		SOLE		0	0	7,530
VANGUARD REAL ESTATE ETF	UIE	922908553	1,173	14,224	SH		SOLE		0	0	14,224
VANGUARD S&P 500 ETF	UIE	922908363	1,090	3,104	SH		SOLE		0	0	3,104
VANGUARD TOTAL STOCK MARKET ETF	UIE	922908769	3,616	18,913	SH		SOLE		0	0	18,913
WALMART INC	COM	931142103	903	6,369	SH		SOLE		0	0	6,369
WILLAMETTE VLY VINEY	COM	969136100	328	54,800	SH		SOLE		0	0	54,800
WILLIAMS COS INC	COM	969457100	242	7,361	SH		SOLE		0	0	7,361
XTRACKERS MSCI EAFE HEDGED EQUITY ET	UIE	233051200	204	6,331	SH		SOLE		0	0	6,331