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

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
Estimated average burden
hours per response:		23.8

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 A CLASS A	COM	084990175	1,382,360	200	SH		SOLE		0	0	200
ABBOTT LABS	COM	002824100	231,326	2,029	SH		SOLE		0	0	2,029
ABBVIE INC	COM	00287Y109	417,868	2,116	SH		SOLE		0	0	2,116
ADOBE INC	COM	00724F101	270,799	523	SH		SOLE		0	0	523
ALPHABET INC CLASS A	COM	02079K305	900,234	5,428	SH		SOLE		0	0	5,428
ALPHABET INC CLASS C	COM	02079K107	1,182,535	7,073	SH		SOLE		0	0	7,073
ALTRIA GROUP INC	COM	02209S103	273,801	5,349	SH		SOLE		0	0	5,349
AMAZON.COM INC	COM	023135106	7,723,192	41,449	SH		SOLE		0	0	41,449
AMERICAN ELEC PWR CO INC	COM	025537101	781,812	7,620	SH		SOLE		0	0	7,620
Amplify ETF TR Ampify Alternative Harvest ETF	UIE	032108631	173,600	52,447	SH		SOLE		0	0	52,447
APPLE INC	COM	037833100	10,151,759	43,570	SH		SOLE		0	0	43,570
AUTOMATIC DATA PROCESSIN	COM	053015103	230,645	833	SH		SOLE		0	0	833
AVALONBAY CMNTYS INC REIT	RET	053484101	1,272,663	5,650	SH		SOLE		0	0	5,650
BERKSHIRE HATHAWAY CLASS B	COM	084670702	3,353,915	7,649	SH		SOLE		0	0	7,649
BLACKROCK INC CLASS EQUITY	COM	09247X101	224,084	236	SH		SOLE		0	0	236
BlackRock Short Mat Bond ETF	UIE	46431W507	459,879	8,975	SH		SOLE		0	0	8,975
BLACKROCK TCP CAP CORP	COM	09259E108	214,363	25,858	SH		SOLE		0	0	25,858
BlackRock TCP Capital Co	CEM	09259E108	207,250	25,000	SH		SOLE		0	0	25,000
BLACKSTNE STRGIC CREDIT	CEM	09257R101	947,112	76,876	SH		SOLE		0	0	76,876
BLACKSTONE INC	COM	09260D107	879,834	5,746	SH		SOLE		0	0	5,746
BLACKSTONE LONG SHORT CR	CEM	09257D102	1,708,642	133,592	SH		SOLE		0	0	133,592
Bloom Energy Corp	COM	093712107	196,648	18,622	SH		SOLE		0	0	18,622
BLUE OWL CAP CORP	COM	69121K104	584,563	40,121	SH		SOLE		0	0	40,121
BOOKING HLDGS INC	COM	09857L108	219,030	52	SH		SOLE		0	0	52
CBIZ INC	COM	124805102	740,190	11,000	SH		SOLE		0	0	11,000
CHARLES SCHWAB CORP	COM	808513105	1,840,345	28,396	SH		SOLE		0	0	28,396
CHARLES SCHWAB US MC ETF	UIE	808524508	224,110	2,697	SH		SOLE		0	0	2,697
CHEVRON CORP NEW	COM	166764100	260,373	1,768	SH		SOLE		0	0	1,768
COMCAST CORP NEW CLASS A	COM	20030N101	575,048	13,767	SH		SOLE		0	0	13,767
CONSTELLATION ENERGY COR	COM	21037T109	230,378	886	SH		SOLE		0	0	886
COSTCO WHSL CORP NEW	COM	22160K105	219,857	248	SH		SOLE		0	0	248
CSG SYS INTL INC	COM	126349109	437,850	9,000	SH		SOLE		0	0	9,000
CYTODYN INC	COM	23283M101	5,143	32,500	SH		SOLE		0	0	32,500
DRXN DAILY HEALTHCRE BULL 3X SHS ETF	UIE	25459Y876	199,770	1,500	SH		SOLE		0	0	1,500
E2OPEN PARENT HLDGS INC CLASS A	COM	29788T103	64,329	14,587	SH		SOLE		0	0	14,587
ECOLAB INC	COM	278865100	1,161,752	4,550	SH		SOLE		0	0	4,550
ELI LILLY AND CO	COM	532457108	805,319	909	SH		SOLE		0	0	909
ENTERPRISE PRODS PART LP	MLP	293792107	389,870	13,393	SH		SOLE		0	0	13,393
Facebook Inc Class A	COM	30303M102	736,158	1,286	SH		SOLE		0	0	1,286
FIRST TRUST NORTH AMERICAN ENERG ETF	UIE	33738D101	649,992	19,345	SH		SOLE		0	0	19,345
GOLDMAN SACHS GROUP INC	COM	38141G104	540,660	1,092	SH		SOLE		0	0	1,092
GOLUB CAP BDC INC	COM	38173M102	11,663,560	771,910	SH		SOLE		0	0	771,910
HOME DEPOT INC	COM	437076102	886,983	2,189	SH		SOLE		0	0	2,189
HONEYWELL INTL INC	COM	438516106	245,778	1,189	SH		SOLE		0	0	1,189
INVESCO NASDAQ 100 ETF	UIE	46138G649	825,694	4,111	SH		SOLE		0	0	4,111
INVESCO S&P 500 QUALITY ETF	UIE	46137V241	1,052,036	15,639	SH		SOLE		0	0	15,639
INVSC QQQ TRUST SRS 1 ETF	UIE	46090E103	11,526,906	23,617	SH		SOLE		0	0	23,617
ISHARES CORE MSCI EMERGING ETF	UIE	46434G103	3,899,912	67,931	SH		SOLE		0	0	67,931
ISHARES CORE MSCI EAFE ETF	UIE	46432F842	7,754,985	99,359	SH		SOLE		0	0	99,359
ISHARES CORE S&P 500 ETF	UIE	464287200	32,916,196	57,065	SH		SOLE		0	0	57,065
ISHARES CORE S&P MID CAPETF	UIE	464287507	3,352,317	53,792	SH		SOLE		0	0	53,792
ISHARES CORE S&P SMALL CAP ETF	UIE	464287804	3,564,956	30,480	SH		SOLE		0	0	30,480
ISHARES CORE S&P US VALUE ETF	UIE	464287663	1,244,339	13,031	SH		SOLE		0	0	13,031
ISHARES HIGH YIELD CORPORAT BOND ETF	UIE	46434V407	1,296,478	29,859	SH		SOLE		0	0	29,859
ISHARES MICRO CAP ETF	UIE	464288869	385,128	3,123	SH		SOLE		0	0	3,123
ISHARES MSCI EAFE ETF	UIE	464287465	783,279	9,366	SH		SOLE		0	0	9,366
ISHARES MSCI EMERGING MARKETS ETF	UIE	464287234	1,404,417	30,624	SH		SOLE		0	0	30,624
ISHARES RUSSELL 1000 ETF	UIE	464287622	4,071,036	12,949	SH		SOLE		0	0	12,949
ISHARES RUSSELL 1000 GROWTH ETF	UIE	464287614	6,465,545	17,224	SH		SOLE		0	0	17,224
ISHARES RUSSELL 1000 VALUE ETF	UIE	464287598	3,598,894	18,962	SH		SOLE		0	0	18,962
ISHARES RUSSELL 2000 ETF	UIE	464287655	997,329	4,515	SH		SOLE		0	0	4,515
ISHARES RUSSELL MID CAP GROWTH ETF	UIE	464287481	787,837	6,717	SH		SOLE		0	0	6,717
ISHARES S&P 500 GROWTH ETF	UIE	464287309	4,432,746	46,295	SH		SOLE		0	0	46,295
ISHARES US ENERGY ETF	UIE	464287796	254,870	5,500	SH		SOLE		0	0	5,500
JOHNSON & JOHNSON	COM	478160104	535,284	3,303	SH		SOLE		0	0	3,303
JPMORGAN CHASE & CO	COM	46625H100	902,158	4,278	SH		SOLE		0	0	4,278
JPMORGAN ULTRA SHORT INCOME ETF	UIE	46641Q837	2,101,895	41,425	SH		SOLE		0	0	41,425
KKR & CO INC	COM	48251W104	2,270,394	17,387	SH		SOLE		0	0	17,387
KRANESHARES CSI CHINA INTERNET ETF	UIE	500767306	1,667,660	49,020	SH		SOLE		0	0	49,020
LENNOX INTL INC	COM	526107107	354,718	587	SH		SOLE		0	0	587
MANHATTAN ASSOCS INC	COM	562750109	216,944	771	SH		SOLE		0	0	771
MAYS J W INC	COM	578473100	336,630	7,326	SH		SOLE		0	0	7,326
MCDONALDS CORP	COM	580135101	1,308,175	4,296	SH		SOLE		0	0	4,296
MERCK & CO. INC.	COM	58933Y105	544,245	4,788	SH		SOLE		0	0	4,788
META PLATFORMS INC CLASS A	COM	30303M102	10,013,750	17,493	SH		SOLE		0	0	17,493
MGM RESORTS INTL	COM	552953101	225,549	5,750	SH		SOLE		0	0	5,750
MICROSOFT CORP	COM	594918104	1,751,467	4,070	SH		SOLE		0	0	4,070
MIDCAP FINL INVESTMENT C	COM	03761U502	2,664,270	187,880	SH		SOLE		0	0	187,880
MONDELEZ INTL INC CLASS A	COM	609207105	269,338	3,656	SH		SOLE		0	0	3,656
NETFLIX INC	COM	64110L106	879,495	1,240	SH		SOLE		0	0	1,240
NORTHROP GRUMMAN CORP	COM	666807102	444,635	842	SH		SOLE		0	0	842
NUVEEN FLOATING RATE INC	CEM	67072T108	2,098,375	237,911	SH		SOLE		0	0	237,911
NUVEEN NEW YORK QLTY MNC	CEM	67066X107	469,053	39,784	SH		SOLE		0	0	39,784
NUVEEN NY AMT FREE QLT M	CEM	670656107	747,085	66,704	SH		SOLE		0	0	66,704
NVIDIA CORP	COM	67066G104	1,742,082	14,345	SH		SOLE		0	0	14,345
ONEOK INC NEW	COM	682680103	718,104	7,880	SH		SOLE		0	0	7,880
PARAMOUNT GLOBAL CLASS B	COM	92556H206	186,413	17,553	SH		SOLE		0	0	17,553
PARKER-HANNIFIN CORP	COM	701094104	653,934	1,035	SH		SOLE		0	0	1,035
PFIZER INC	COM	717081103	469,262	16,215	SH		SOLE		0	0	16,215
PHILIP MORRIS INTL INC	COM	718172109	931,377	7,665	SH		SOLE		0	0	7,665
PHILLIPS 66	COM	718546104	250,281	1,904	SH		SOLE		0	0	1,904
PIMCO Active Bond ETF	UIE	72201R775	455,736	4,817	SH		SOLE		0	0	4,817
PINTEREST INC CLASS A	COM	72352L106	270,937	8,370	SH		SOLE		0	0	8,370
PPG INDS INC	COM	693506107	689,322	5,204	SH		SOLE		0	0	5,204
PROCTER & GAMBLE CO	COM	742718109	400,092	2,310	SH		SOLE		0	0	2,310
QUALCOMM INC	COM	747525103	541,439	3,184	SH		SOLE		0	0	3,184
RIVERNORTH DOUBLLINE STR	CEM	76882G107	579,520	63,859	SH		SOLE		0	0	63,859
ROPER TECHNOLOGIES INC	COM	776696106	241,495	434	SH		SOLE		0	0	434
SABA CAPITAL INCOME OPPO	CEM	78518H202	1,181,125	155,616	SH		SOLE		0	0	155,616
SALESFORCE INC	COM	79466L302	283,862	1,037	SH		SOLE		0	0	1,037
SCHWAB FUNDMNTL US LARGECOM ETF	UIE	808524771	1,136,535	15,838	SH		SOLE		0	0	15,838
SCHWAB US DIVIDEND EQUITY ETF	UIE	808524797	883,423	10,451	SH		SOLE		0	0	10,451
SCHWAB US LARGE CAP ETF	UIE	808524201	3,313,401	48,834	SH		SOLE		0	0	48,834
SCHWAB US SMALL CAP ETF	UIE	808524607	3,163,418	61,426	SH		SOLE		0	0	61,426
SELECT SECTOR HEALTH CARE SPDR ETF	UIE	81369Y209	7,124,275	46,256	SH		SOLE		0	0	46,256
SELECT STR FINANCIAL SELECT SPDR ETF	UIE	81369Y605	1,353,618	29,868	SH		SOLE		0	0	29,868
SLR INVESTMENT CORP	COM	83413U100	414,176	27,520	SH		SOLE		0	0	27,520
SPDR S&P 500 ETF	UIE	78462F103	3,027,323	5,273	SH		SOLE		0	0	5,273
TECHNOLOGY SELECT SECTORSPDR ETF	UIE	81369Y803	885,431	3,922	SH		SOLE		0	0	3,922
TELEFLEX INC	COM	879369106	1,948,882	7,880	SH		SOLE		0	0	7,880
Teleflex Incorporate	COM	879369106	626,753	2,534	SH		SOLE		0	0	2,534
TESLA INC	COM	88160R101	2,530,485	9,672	SH		SOLE		0	0	9,672
THE COCA-COLA CO	COM	191216100	1,267,323	17,636	SH		SOLE		0	0	17,636
TORTOISE ENERGY INFRASTR	CEM	89147L886	383,473	9,770	SH		SOLE		0	0	9,770
TRAVELERS COS INC	COM	89417E109	235,056	1,004	SH		SOLE		0	0	1,004
TRIMAS CORP	COM	896215209	293,595	11,500	SH		SOLE		0	0	11,500
UDR INC REIT	RET	902653104	226,700	5,000	SH		SOLE		0	0	5,000
VANECK GOLD MINERS ETF	UIE	92189F106	467,965	11,752	SH		SOLE		0	0	11,752
VANECK SEMICONDUCTOR ETF	UIE	92189F676	303,867	1,238	SH		SOLE		0	0	1,238
VANGUARD DIVIDEND APPRECIATION ETF	UIE	921908844	3,029,724	15,297	SH		SOLE		0	0	15,297
VANGUARD FTSE DEVELOPED MARKETS ETF	UIE	921943858	659,808	12,494	SH		SOLE		0	0	12,494
VANGUARD FTSE EMERGING MARKETS ETF	UIE	922042858	475,198	9,931	SH		SOLE		0	0	9,931
VANGUARD GROWTH ETF	UIE	922908736	2,421,830	6,308	SH		SOLE		0	0	6,308
VANGUARD HIGH DIVIDEND YIELD ETF	UIE	921946406	997,140	7,778	SH		SOLE		0	0	7,778
VANGUARD INFORMATION TECHNOLOGY ETF	UIE	92204A702	1,615,863	2,755	SH		SOLE		0	0	2,755
VANGUARD LARGE CAP ETF	UIE	922908637	1,166,111	4,429	SH		SOLE		0	0	4,429
VANGUARD MID CAP GROWTH ETF	UIE	922908538	1,833,329	7,530	SH		SOLE		0	0	7,530
VANGUARD REAL ESTATE ETF	UIE	922908553	1,385,702	14,224	SH		SOLE		0	0	14,224
VANGUARD S&P 500 ETF	UIE	922908363	4,154,916	7,874	SH		SOLE		0	0	7,874
VANGUARD TOTAL STOCK MARKET ETF	UIE	922908769	8,289,333	29,274	SH		SOLE		0	0	29,274
VANGUARD TOTAL WORLD STOCK ETF	UIE	922042742	282,847	2,363	SH		SOLE		0	0	2,363
VANGUARD VALUE ETF	UIE	922908744	438,345	2,511	SH		SOLE		0	0	2,511
VINTAGE WINE ESTATES INC	COM	92747V106	200	100,049	SH		SOLE		0	0	100,049
VISA INC CLASS A	COM	92826C839	359,754	1,308	SH		SOLE		0	0	1,308
WALMART INC	COM	931142103	1,751,608	21,692	SH		SOLE		0	0	21,692
WILLAMETTE VY VINEYARD I	COM	969136100	190,704	54,800	SH		SOLE		0	0	54,800
WILLIAMS COS INC	COM	969457100	212,044	4,645	SH		SOLE		0	0	4,645
WISE PLC ORDF	UFO	G97229101	100,020	11,116	SH		SOLE		0	0	11,116
XTRACKERS MSCI EAFE HDGDEQY ETF	UIE	233051200	266,029	6,331	SH		SOLE		0	0	6,331