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	931,200	200	SH		SOLE		0	0	200
ABBVIE INC	COM	00287Y109	209,572	1,315	SH		SOLE		0	0	1,315
ACTIVISION BLIZZARD	COM	00507V109	504,125	5,890	SH		SOLE		0	0	5,890
ADS TEC ENERGY PLC F	FGO	G0085J117	34,871	12,915	SH		SOLE		0	0	12,915
ALPHABET INC. CLASS A	COM	02079K305	468,860	4,520	SH		SOLE		0	0	4,520
ALPHABET INC. CLASS C	COM	02079K107	322,400	3,100	SH		SOLE		0	0	3,100
ALTRIA GROUP INC	COM	02209S103	204,181	4,576	SH		SOLE		0	0	4,576
AMAZON.COM INC	COM	023135106	10,319,084	99,904	SH		SOLE		0	0	99,904
APOLLO GLOBAL MGMT INC N	COM	03769M106	1,010,371	15,997	SH		SOLE		0	0	15,997
APOLLO SENIOR FLOATING R	CEM	037636107	4,780,139	378,475	SH		SOLE		0	0	378,475
APPLE INC	COM	037833100	5,758,256	34,920	SH		SOLE		0	0	34,920
ARK GENOMIC REVOLUTION ETF	UIE	00214Q302	201,950	6,716	SH		SOLE		0	0	6,716
AVALONBAY CMNTYS INC REIT	RET	053484101	550,397	3,275	SH		SOLE		0	0	3,275
BERKSHIRE HATHAWAY CLASS B	COM	084670702	2,395,438	7,758	SH		SOLE		0	0	7,758
BlackRock Short Mat Bond ETF	UIE	46431W507	345,117	6,958	SH		SOLE		0	0	6,958
BLACKROCK TCP CAPITAL CO	COM	09259E108	523,837	50,858	SH		SOLE		0	0	50,858
BLACKSTNE SR FLOATNG RT	CEM	09256U105	154,204	12,166	SH		SOLE		0	0	12,166
BLACKSTNE STRGIC CREDIT	CEM	09257R101	2,668,943	250,605	SH		SOLE		0	0	250,605
BLACKSTONE INC	COM	09260D107	1,443,848	16,437	SH		SOLE		0	0	16,437
BLACKSTONE LONG SHORT CR	CEM	09257D102	3,083,919	282,669	SH		SOLE		0	0	282,669
BLACKSTONE MTG TR REIT	RET	09257W100	238,462	13,143	SH		SOLE		0	0	13,143
BLACKSTONE SECD LENDING	COM	09261X102	514,431	20,635	SH		SOLE		0	0	20,635
BROOKFIELD CORP FCLASS A	FGC	11271J107	342,195	10,500	SH		SOLE		0	0	10,500
BRT APARTMENTS CORP	COM	055645303	986,000	50,000	SH		SOLE		0	0	50,000
C S G SYSTEMS INTL	COM	126349109	983,677	18,318	SH		SOLE		0	0	18,318
CBIZ INC	COM	124805102	544,390	11,000	SH		SOLE		0	0	11,000
CELANESE CORP	COM	150870103	381,115	3,500	SH		SOLE		0	0	3,500
CHARLES SCHWAB CORP	COM	808513105	1,962,469	37,466	SH		SOLE		0	0	37,466
CLOROX CO	COM	189054109	237,360	1,500	SH		SOLE		0	0	1,500
COMCAST CORP CLASS A	COM	20030N101	524,599	13,838	SH		SOLE		0	0	13,838
CYTODYN INC	COM	23283M101	13,500	37,500	SH		SOLE		0	0	37,500
DANAHER CORP	COM	235851102	561,797	2,229	SH		SOLE		0	0	2,229
E2OPEN PARENT HLDGS INC CLASS A	COM	29788T103	141,397	24,295	SH		SOLE		0	0	24,295
EATON VANCE FLOATING RAT	CEM	278279104	1,072,951	93,219	SH		SOLE		0	0	93,219
EATON VANCE SENIOR INCOM	CEM	27826S103	63,087	11,792	SH		SOLE		0	0	11,792
ERMENEGILDO ZEGNA N V F	FGO	N30577105	249,271	18,275	SH		SOLE		0	0	18,275
FIRST TRUST NORTH AMERICAN ENERG ETF	UIE	33738D101	891,998	33,496	SH		SOLE		0	0	33,496
GOLDMAN SACHS GROUP	COM	38141G104	206,406	631	SH		SOLE		0	0	631
GOLUB CAPITAL BDC INC	COM	38173M102	13,062,826	963,335	SH		SOLE		0	0	963,335
GRAYSCALE BITCOIN TR BTC	CEM	389637109	317,842	19,428	SH		SOLE		0	0	19,428
GRAYSCALE ETHEREUM TR ET	CEM	389638107	130,333	15,208	SH		SOLE		0	0	15,208
HOME DEPOT INC	COM	437076102	565,745	1,917	SH		SOLE		0	0	1,917
INOTIV INC	COM	45783Q100	136,408	31,503	SH		SOLE		0	0	31,503
INVESCO NASDAQ 100 ETF	UIE	46138G649	220,325	1,669	SH		SOLE		0	0	1,669
INVESCO S&P 500 QUALITY ETF	UIE	46137V241	217,483	4,596	SH		SOLE		0	0	4,596
INVSC QQQ TRUST SRS 1 ETF	UIE	46090E103	8,224,123	25,625	SH		SOLE		0	0	25,625
ISHARES CORE MSCI EMERGING ETF	UIE	46434G103	1,312,776	26,907	SH		SOLE		0	0	26,907
ISHARES CORE MSCI EAFE ETF	UIE	46432F842	3,998,133	59,808	SH		SOLE		0	0	59,808
ISHARES CORE S&P 500 ETF	UIE	464287200	17,834,211	43,384	SH		SOLE		0	0	43,384
ISHARES CORE S&P MID CAPETF	UIE	464287507	1,991,012	7,959	SH		SOLE		0	0	7,959
ISHARES CORE S&P SMALL CAP ETF	UIE	464287804	2,738,114	28,316	SH		SOLE		0	0	28,316
ISHARES HIGH YIELD CORPORAT BOND ETF	UIE	46434V407	4,970,840	119,262	SH		SOLE		0	0	119,262
ISHARES MICRO CAP ETF	UIE	464288869	326,385	3,123	SH		SOLE		0	0	3,123
ISHARES MSCI EAFE ETF	UIE	464287465	711,839	9,953	SH		SOLE		0	0	9,953
ISHARES RUSSELL 1000 ETF	UIE	464287622	1,490,122	6,616	SH		SOLE		0	0	6,616
ISHARES RUSSELL 1000 GROWTH ETF	UIE	464287614	3,988,687	16,325	SH		SOLE		0	0	16,325
ISHARES RUSSELL 1000 VALUE ETF	UIE	464287598	2,952,321	19,390	SH		SOLE		0	0	19,390
ISHARES RUSSELL 2000 ETF	UIE	464287655	694,154	3,891	SH		SOLE		0	0	3,891
ISHARES RUSSELL MID CAP GROWTH ETF	UIE	464287481	802,059	8,809	SH		SOLE		0	0	8,809
ISHARES S&P 500 GROWTH ETF	UIE	464287309	3,907,385	61,158	SH		SOLE		0	0	61,158
ISHARES US ENERGY ETF	UIE	464287796	240,625	5,500	SH		SOLE		0	0	5,500
JPMORGAN CHASE & CO	COM	46625H100	1,856,332	14,246	SH		SOLE		0	0	14,246
JPMORGAN ULTRA SHORT INCOME ETF	UIE	46641Q837	1,371,019	27,246	SH		SOLE		0	0	27,246
JUSHI HLDGS INC FCLASS B	FGC	48213Y107	7,766	15,000	SH		SOLE		0	0	15,000
KKR & CO INC	COM	48251W104	918,207	17,483	SH		SOLE		0	0	17,483
MCDONALDS CORP	COM	580135101	1,072,864	3,837	SH		SOLE		0	0	3,837
MERCK & CO. INC.	COM	58933Y105	373,642	3,512	SH		SOLE		0	0	3,512
META PLATFORMS INC CLASS A	COM	30303M102	3,675,887	17,344	SH		SOLE		0	0	17,344
MGM RESORTS INTL	COM	552953101	255,415	5,750	SH		SOLE		0	0	5,750
MICROSOFT CORP	COM	594918104	755,465	2,620	SH		SOLE		0	0	2,620
MONDELEZ INTL CLASS A	COM	609207105	254,896	3,656	SH		SOLE		0	0	3,656
NETFLIX INC	COM	64110L106	286,748	830	SH		SOLE		0	0	830
NORTHROP GRUMMAN CO	COM	666807102	368,453	798	SH		SOLE		0	0	798
NUVEEN AMT FREE MNCPL CR	CEM	67071L106	127,436	10,818	SH		SOLE		0	0	10,818
NUVEEN FLOATG RATE INCM	CEM	6706EN100	479,652	59,807	SH		SOLE		0	0	59,807
NUVEEN NEW YORK QLTY MNC	CEM	67066X107	679,678	61,565	SH		SOLE		0	0	61,565
NUVEEN NY AMT FREE QLT M	CEM	670656107	948,171	89,704	SH		SOLE		0	0	89,704
NUVEEN SENIOR INCOME CF	CEM	67067Y104	1,715,113	371,379	SH		SOLE		0	0	371,379
NUVEEN SHORT DURATION CR	CEM	67074X107	2,537,060	215,984	SH		SOLE		0	0	215,984
ONE LIBERTY PPTYS INC REIT	RET	682406103	830,364	36,213	SH		SOLE		0	0	36,213
ONEOK INC	COM	682680103	357,095	5,620	SH		SOLE		0	0	5,620
OWL ROCK CAPITAL CORP	COM	69121K104	23,377,149	1,849,727	SH		SOLE		0	0	1,849,727
PARAMOUNT GLOBAL CLASS B	COM	92556H206	404,570	18,134	SH		SOLE		0	0	18,134
PARKER-HANNIFIN CORP	COM	701094104	336,110	1,000	SH		SOLE		0	0	1,000
PFIZER INC	COM	717081103	346,882	8,502	SH		SOLE		0	0	8,502
PHILIP MORRIS INTL	COM	718172109	673,359	6,924	SH		SOLE		0	0	6,924
PIMCO Active Bond ETF	UIE	72201R775	462,569	4,987	SH		SOLE		0	0	4,987
PINTEREST INC CLASS A	COM	72352L106	228,250	8,370	SH		SOLE		0	0	8,370
PIONEER NATURAL RES	COM	723787107	255,300	1,250	SH		SOLE		0	0	1,250
PPG INDUSTRIES INC	COM	693506107	697,688	5,223	SH		SOLE		0	0	5,223
QUALCOMM INC	COM	747525103	382,740	3,000	SH		SOLE		0	0	3,000
READY CAP CORP	COM	75574U101	115,181	11,113	SH		SOLE		0	0	11,113
RIVERNORTH DOUBLLINE STR	CEM	76882G107	278,679	32,556	SH		SOLE		0	0	32,556
SABA CAPITAL INCOME OPPO	CEM	78518H202	1,515,452	185,945	SH		SOLE		0	0	185,945
SCHWAB US DIVIDEND EQUITY ETF	UIE	808524797	552,870	7,557	SH		SOLE		0	0	7,557
SCHWAB US LARGE CAP ETF	UIE	808524201	3,150,842	65,140	SH		SOLE		0	0	65,140
SCHWAB US SMALL CAP ETF	UIE	808524607	2,198,725	52,438	SH		SOLE		0	0	52,438
SELECT SECTOR HEALTH CARE SPDR ETF	UIE	81369Y209	6,957,229	53,740	SH		SOLE		0	0	53,740
SELECT STR FINANCIAL SELECT SPDR ETF	UIE	81369Y605	7,302,801	227,148	SH		SOLE		0	0	227,148
SKILLZ INC CLASS A	COM	83067L109	17,796	30,000	SH		SOLE		0	0	30,000
SLR INVESTMENT CORP	COM	83413U100	413,901	27,520	SH		SOLE		0	0	27,520
SPDR Doubleline TTL RTRN TTCL ETF	UIE	78467V848	416,660	10,155	SH		SOLE		0	0	10,155
SPDR Portfolio Mortgage Backed Bond ETF	UIE	78464A383	223,907	10,095	SH		SOLE		0	0	10,095
SPDR S&P 500 ETF	UIE	78462F103	846,619	2,068	SH		SOLE		0	0	2,068
SPDR S&P BIOTECH ETF	UIE	78464A870	152,420	2,000	SH		SOLE		0	0	2,000
SPOTIFY TECHNOLOGY F	FGO	L8681T102	200,430	1,500	SH		SOLE		0	0	1,500
TECHNOLOGY SELECT SECTORSPDR ETF	UIE	81369Y803	646,021	4,278	SH		SOLE		0	0	4,278
TELEFLEX INCORPORATE	COM	879369106	2,359,322	9,314	SH		SOLE		0	0	9,314
TESLA INC	COM	88160R101	2,371,060	11,429	SH		SOLE		0	0	11,429
THE COCA-COLA CO	COM	191216100	1,229,435	19,820	SH		SOLE		0	0	19,820
TORTOISE ENERGY INFRASTR	CEM	89147L886	321,665	10,941	SH		SOLE		0	0	10,941
TRIMAS CORP	COM	896215209	320,390	11,500	SH		SOLE		0	0	11,500
VANECK GOLD MINERS ETF	UIE	92189F106	380,177	11,752	SH		SOLE		0	0	11,752
VANGUARD FTSE DEVELOPED MARKETS ETF	UIE	921943858	418,500	9,265	SH		SOLE		0	0	9,265
VANGUARD FTSE EMERGING MARKETS ETF	UIE	922042858	506,535	12,538	SH		SOLE		0	0	12,538
VANGUARD GROWTH ETF	UIE	922908736	387,879	1,555	SH		SOLE		0	0	1,555
VANGUARD INFORMATION TECHNOLOGY ETF	UIE	92204A702	723,527	1,877	SH		SOLE		0	0	1,877
Vanguard Intermediate Term Cor ETF	UIE	92206C870	243,147	3,031	SH		SOLE		0	0	3,031
VANGUARD LARGE CAP ETF	UIE	922908637	827,381	4,429	SH		SOLE		0	0	4,429
VANGUARD MID CAP GROWTH ETF	UIE	922908538	1,467,522	7,530	SH		SOLE		0	0	7,530
VANGUARD REAL ESTATE ETF	UIE	922908553	1,181,161	14,224	SH		SOLE		0	0	14,224
VANGUARD S&P 500 ETF	UIE	922908363	1,242,962	3,305	SH		SOLE		0	0	3,305
VANGUARD TOTAL STOCK MARKET ETF	UIE	922908769	3,818,788	18,710	SH		SOLE		0	0	18,710
WALMART INC	COM	931142103	939,109	6,369	SH		SOLE		0	0	6,369
WILLAMETTE VLY VINEY	COM	969136100	337,568	54,800	SH		SOLE		0	0	54,800
WILLIAMS COS INC	COM	969457100	219,799	7,361	SH		SOLE		0	0	7,361
XTRACKERS MSCI EAFE HDGDEQY ETF	UIE	233051200	222,851	6,331	SH		SOLE		0	0	6,331