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	1,035,620	200	SH		SOLE		0	0	200
ACTIVISION BLIZZARD	COM	00507V109	452,017	5,362	SH		SOLE		0	0	5,362
ADS TEC ENERGY PLC F	FGO	G0085J117	76,256	11,915	SH		SOLE		0	0	11,915
ALPHABET INC. CLASS A	COM	02079K305	514,351	4,297	SH		SOLE		0	0	4,297
ALPHABET INC. CLASS C	COM	02079K107	375,007	3,100	SH		SOLE		0	0	3,100
ALTRIA GROUP INC	COM	02209S103	301,200	6,649	SH		SOLE		0	0	6,649
AMAZON.COM INC	COM	023135106	11,041,622	84,701	SH		SOLE		0	0	84,701
APOLLO GLOBAL MGMT INC N	COM	03769M106	754,581	9,824	SH		SOLE		0	0	9,824
APOLLO SENIOR FLOATING R	CEM	037636107	4,801,255	371,902	SH		SOLE		0	0	371,902
APPLE INC	COM	037833100	6,694,082	34,511	SH		SOLE		0	0	34,511
ARK GENOMIC REVOLUTION ETF	UIE	00214Q302	228,948	6,716	SH		SOLE		0	0	6,716
AVALONBAY CMNTYS INC REIT	RET	053484101	619,859	3,275	SH		SOLE		0	0	3,275
BERKSHIRE HATHAWAY CLASS B	COM	084670702	2,730,046	8,006	SH		SOLE		0	0	8,006
BlackRock Short Mat Bond ETF	UIE	46431W507	446,237	8,975	SH		SOLE		0	0	8,975
BLACKROCK TCP CAPITAL CO	COM	09259E108	770,377	70,612	SH		SOLE		0	0	70,612
BLACKSTNE SR FLOATNG RT	CEM	09256U105	155,968	12,166	SH		SOLE		0	0	12,166
BLACKSTNE STRGIC CREDIT	CEM	09257R101	2,657,356	243,125	SH		SOLE		0	0	243,125
BLACKSTONE INC	COM	09260D107	1,530,382	16,461	SH		SOLE		0	0	16,461
BLACKSTONE LONG SHORT CR	CEM	09257D102	3,360,280	296,321	SH		SOLE		0	0	296,321
BLACKSTONE MTG TR REIT	RET	09257W100	277,365	13,143	SH		SOLE		0	0	13,143
BROOKFIELD CORP FCLASS A	FGC	11271J107	353,325	10,500	SH		SOLE		0	0	10,500
BRT APARTMENTS CORP	COM	055645303	996,950	50,351	SH		SOLE		0	0	50,351
C S G SYSTEMS INTL	COM	126349109	966,091	18,318	SH		SOLE		0	0	18,318
CBIZ INC	COM	124805102	586,080	11,000	SH		SOLE		0	0	11,000
CELANESE CORP	COM	150870103	405,300	3,500	SH		SOLE		0	0	3,500
CHARLES SCHWAB CORP	COM	808513105	3,562,168	62,847	SH		SOLE		0	0	62,847
COMCAST CORP CLASS A	COM	20030N101	574,969	13,838	SH		SOLE		0	0	13,838
CYTODYN INC	COM	23283M101	10,125	37,500	SH		SOLE		0	0	37,500
EATON VANCE FLOATING RAT	CEM	278279104	1,088,798	93,219	SH		SOLE		0	0	93,219
ERMENEGILDO ZEGNA N V F	FGO	N30577105	231,727	18,275	SH		SOLE		0	0	18,275
FIRST TRUST NORTH AMERICAN ENERG ETF	UIE	33738D101	904,392	33,496	SH		SOLE		0	0	33,496
Golub Capital BDC	COM	38173M102	1,438,607	106,563	SH		SOLE		0	0	106,563
GOLUB CAPITAL BDC INC	COM	38173M102	11,755,395	870,770	SH		SOLE		0	0	870,770
GRAYSCALE BITCOIN TR BTC	CEM	389637109	372,823	19,428	SH		SOLE		0	0	19,428
GRAYSCALE ETHEREUM TR ET	CEM	389638107	151,168	15,208	SH		SOLE		0	0	15,208
HOME DEPOT INC	COM	437076102	595,497	1,917	SH		SOLE		0	0	1,917
INOTIV INC	COM	45783Q100	150,269	31,503	SH		SOLE		0	0	31,503
INVESCO NASDAQ 100 ETF	UIE	46138G649	289,522	1,905	SH		SOLE		0	0	1,905
INVESCO S&P 500 QUALITY ETF	UIE	46137V241	231,868	4,596	SH		SOLE		0	0	4,596
INVSC QQQ TRUST SRS 1 ETF IV	UIE	46090E103	9,230,936	24,987	SH		SOLE		0	0	24,987
ISHARES CORE MSCI EMERGING ETF	UIE	46434G103	2,083,004	42,260	SH		SOLE		0	0	42,260
ISHARES CORE MSCI EAFE ETF	UIE	46432F842	4,730,863	70,087	SH		SOLE		0	0	70,087
ISHARES CORE S&P SMALL-CAP ETF	UIE	464287804	2,971,571	29,820	SH		SOLE		0	0	29,820
ISHARES CORE S&P 500 ETF	UIE	464287200	21,890,641	49,114	SH		SOLE		0	0	49,114
ISHARES CORE S&P MID-CAPETF	UIE	464287507	2,138,300	8,178	SH		SOLE		0	0	8,178
ISHARES HIGH YIELD CORPORAT BOND ETF	UIE	46434V407	1,549,318	37,378	SH		SOLE		0	0	37,378
ISHARES MICRO CAP ETF	UIE	464288869	341,344	3,123	SH		SOLE		0	0	3,123
ISHARES MSCI EAFE ETF	UIE	464287465	679,035	9,366	SH		SOLE		0	0	9,366
ISHARES MSCI EMERGING MARKETS ETF	UIE	464287234	1,026,859	25,957	SH		SOLE		0	0	25,957
ISHARES RUSSELL 1000 ETF	UIE	464287622	1,797,583	7,375	SH		SOLE		0	0	7,375
ISHARES RUSSELL 1000 GROWTH ETF	UIE	464287614	4,536,342	16,485	SH		SOLE		0	0	16,485
ISHARES RUSSELL 1000 VALUE ETF	UIE	464287598	2,932,797	18,582	SH		SOLE		0	0	18,582
ISHARES RUSSELL 2000 ETF	UIE	464287655	728,668	3,891	SH		SOLE		0	0	3,891
ISHARES RUSSELL MID CAP GROWTH ETF	UIE	464287481	690,325	7,144	SH		SOLE		0	0	7,144
ISHARES S&P 500 GROWTH ETF	UIE	464287309	3,289,513	46,673	SH		SOLE		0	0	46,673
ISHARES US ENERGY ETF	UIE	464287796	235,620	5,500	SH		SOLE		0	0	5,500
JPMORGAN CHASE & CO	COM	46625H100	2,155,019	14,817	SH		SOLE		0	0	14,817
JPMORGAN ULTRA SHORT INCOME ETF	UIE	46641Q837	1,040,104	20,744	SH		SOLE		0	0	20,744
KKR & CO INC	COM	48251W104	979,048	17,483	SH		SOLE		0	0	17,483
MCDONALDS CORP	COM	580135101	1,144,999	3,837	SH		SOLE		0	0	3,837
MERCK & CO. INC.	COM	58933Y105	405,250	3,512	SH		SOLE		0	0	3,512
META PLATFORMS INC CLASS A	COM	30303M102	4,933,186	17,190	SH		SOLE		0	0	17,190
MGM RESORTS INTL	COM	552953101	252,540	5,750	SH		SOLE		0	0	5,750
MICROSOFT CORP	COM	594918104	850,862	2,499	SH		SOLE		0	0	2,499
MONDELEZ INTL CLASS A	COM	609207105	266,669	3,656	SH		SOLE		0	0	3,656
NETFLIX INC	COM	64110L106	365,607	830	SH		SOLE		0	0	830
NORTHROP GRUMMAN CO	COM	666807102	363,728	798	SH		SOLE		0	0	798
NUVEEN AMT FREE MNCPL CR	CEM	67071L106	126,571	10,818	SH		SOLE		0	0	10,818
NUVEEN FLOATG RATE INCM	CEM	6706EN100	466,495	59,807	SH		SOLE		0	0	59,807
NUVEEN NEW YORK QLTY MNC	CEM	67066X107	427,678	39,784	SH		SOLE		0	0	39,784
NUVEEN NY AMT FREE QLT M	CEM	670656107	690,386	66,704	SH		SOLE		0	0	66,704
NUVEEN SENIOR INCOME CF	CEM	67067Y104	1,703,972	371,379	SH		SOLE		0	0	371,379
NUVEEN SHORT DURATION CR	CEM	67074X107	2,498,183	215,984	SH		SOLE		0	0	215,984
ONE LIBERTY PPTYS INC REIT	RET	682406103	633,273	31,165	SH		SOLE		0	0	31,165
ONEOK INC	COM	682680103	346,866	5,620	SH		SOLE		0	0	5,620
OWL ROCK CAPITAL CORP	COM	69121K104	24,537,684	1,824,059	SH		SOLE		0	0	1,824,059
PARAMOUNT GLOBAL CLASS B	COM	92556H206	288,703	18,146	SH		SOLE		0	0	18,146
PARKER-HANNIFIN CORP	COM	701094104	390,040	1,000	SH		SOLE		0	0	1,000
PHILIP MORRIS INTL	COM	718172109	1,354,380	13,874	SH		SOLE		0	0	13,874
PIMCO Active Bond ETF	UIE	72201R775	456,909	4,987	SH		SOLE		0	0	4,987
PINTEREST INC CLASS A	COM	72352L106	228,836	8,370	SH		SOLE		0	0	8,370
PIONEER NATURAL RES	COM	723787107	258,975	1,250	SH		SOLE		0	0	1,250
PPG INDUSTRIES INC	COM	693506107	771,753	5,204	SH		SOLE		0	0	5,204
QUALCOMM INC	COM	747525103	357,120	3,000	SH		SOLE		0	0	3,000
READY CAP CORP	COM	75574U101	126,868	11,113	SH		SOLE		0	0	11,113
RIVERNORTH DOUBLLINE STR	CEM	76882G107	278,028	32,556	SH		SOLE		0	0	32,556
SABA CAPITAL INCOME OPPO	CEM	78518H202	1,175,829	152,705	SH		SOLE		0	0	152,705
SCHWAB US DIVIDEND EQUITY ETF	UIE	808524797	574,715	7,914	SH		SOLE		0	0	7,914
SCHWAB US LARGE CAP ETF	UIE	808524201	3,382,901	64,596	SH		SOLE		0	0	64,596
SCHWAB US SMALL CAP ETF	UIE	808524607	2,317,108	52,902	SH		SOLE		0	0	52,902
SELECT SECTOR HEALTH CARE SPDR ETF	UIE	81369Y209	7,013,694	52,842	SH		SOLE		0	0	52,842
SELECT STR FINANCIAL SELECT SPDR ETF	UIE	81369Y605	4,761,755	141,256	SH		SOLE		0	0	141,256
SLR INVESTMENT CORP	COM	83413U100	392,710	27,520	SH		SOLE		0	0	27,520
SPDR Portfolio Mortgage Backed Bond ETF	UIE	78464A383	318,944	14,557	SH		SOLE		0	0	14,557
SPDR S&P 500 ETF	UIE	78462F103	1,126,374	2,541	SH		SOLE		0	0	2,541
SPOTIFY TECHNOLOGY F	FGO	L8681T102	240,825	1,500	SH		SOLE		0	0	1,500
TECHNOLOGY SELECT SECTORSPDR ETF	UIE	81369Y803	743,773	4,278	SH		SOLE		0	0	4,278
TELEFLEX INCORPORATE	COM	879369106	2,254,260	9,314	SH		SOLE		0	0	9,314
TESLA INC	COM	88160R101	2,956,430	11,294	SH		SOLE		0	0	11,294
THE COCA-COLA CO	COM	191216100	1,193,560	19,820	SH		SOLE		0	0	19,820
TORTOISE ENERGY INFRASTR	CEM	89147L886	317,836	10,941	SH		SOLE		0	0	10,941
TRIMAS CORP	COM	896215209	316,135	11,500	SH		SOLE		0	0	11,500
VANECK GOLD MINERS ETF	UIE	92189F106	353,853	11,752	SH		SOLE		0	0	11,752
VANGUARD FTSE DEVELOPED MARKETS ETF	UIE	921943858	437,278	9,469	SH		SOLE		0	0	9,469
VANGUARD FTSE EMERGING MARKETS ETF	UIE	922042858	510,046	12,538	SH		SOLE		0	0	12,538
VANGUARD GROWTH ETF	UIE	922908736	440,003	1,555	SH		SOLE		0	0	1,555
VANGUARD INFORMATION TECHNOLOGY ETF	UIE	92204A702	851,158	1,925	SH		SOLE		0	0	1,925
VANGUARD LARGE CAP ETF	UIE	922908637	897,847	4,429	SH		SOLE		0	0	4,429
VANGUARD MID CAP GROWTH ETF	UIE	922908538	1,549,448	7,530	SH		SOLE		0	0	7,530
VANGUARD REAL ESTATE ETF	UIE	922908553	1,189,059	14,230	SH		SOLE		0	0	14,230
VANGUARD S&P 500 ETF	UIE	922908363	1,429,607	3,510	SH		SOLE		0	0	3,510
VANGUARD TOTAL STOCK MARKET ETF	UIE	922908769	4,121,522	18,710	SH		SOLE		0	0	18,710
VANGUARD VALUE ETF	UIE	922908744	254,785	1,793	SH		SOLE		0	0	1,793
WALMART INC	COM	931142103	1,001,079	6,369	SH		SOLE		0	0	6,369
WILLAMETTE VLY VINEY	COM	969136100	316,196	54,800	SH		SOLE		0	0	54,800
WILLIAMS COS INC	COM	969457100	240,189	7,361	SH		SOLE		0	0	7,361
WISE PLC ORDF	UFO	G97229101	91,902	11,116	SH		SOLE		0	0	11,116
XTRACKERS MSCI EAFE HDGDEQY ETF	UIE	233051200	223,927	6,331	SH		SOLE		0	0	6,331