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
ALPHABET INC. CLASS C	COM	02079K107	304	147	SH		SOLE		0	0	147
ALPHABET INC. CLASS A	COM	02079K305	398	193	SH		SOLE		0	0	193
1/100 BERKSHIRE HTWY CLA100 SHS=1 WHOLE SH BRK A	COM	084990175	771	200	SH		SOLE		0	0	200
AMAZON.COM INC	COM	023135106	814	263	SH		SOLE		0	0	263
NETFLIX INC	COM	64110L106	299	573	SH		SOLE		0	0	573
TELADOC INC	COM	87918A105	222	1,222	SH		SOLE		0	0	1,222
SPDR S&P 500 ETF	UIE	78462F103	532	1,342	SH		SOLE		0	0	1,342
CLOROX CO	COM	189054109	289	1,500	SH		SOLE		0	0	1,500
SPOTIFY TECHNOLOGY F	FGO	L8681T102	402	1,500	SH		SOLE		0	0	1,500
HOME DEPOT INC	COM	437076102	507	1,661	SH		SOLE		0	0	1,661
ABBVIE INC	COM	00287Y109	205	1,892	SH		SOLE		0	0	1,892
WALT DISNEY CO	COM	254687106	353	1,911	SH		SOLE		0	0	1,911
LILLY ELI & CO	COM	532457108	361	1,935	SH		SOLE		0	0	1,935
HCA HEALTHCARE INC	COM	40412C101	377	2,000	SH		SOLE		0	0	2,000
DANAHER CORP	COM	235851102	496	2,205	SH		SOLE		0	0	2,205
ISHARES RUSSELL 1000 GROWTH ETF	UIE	464287614	588	2,421	SH		SOLE		0	0	2,421
Ecolab Inc	Stock	278865100	525	2,447	SH		SOLE		0	0	2,447
JOHNSON & JOHNSON	COM	478160104	403	2,455	SH		SOLE		0	0	2,455
ISHARES RUSSELL 2000 ETF	UIE	464287655	547	2,474	SH		SOLE		0	0	2,474
PHILLIPS 66	COM	718546104	204	2,500	SH		SOLE		0	0	2,500
Vanguard Intermediate Term Cor ETF	ETF	92206C870	240	2,584	SH		SOLE		0	0	2,584
VANGUARD S&P 500 ETF	UIE	922908363	1,014	2,784	SH		SOLE		0	0	2,784
QUALCOMM INC	COM	747525103	398	3,000	SH		SOLE		0	0	3,000
ISHARES MICRO CAP ETF	UIE	464288869	459	3,123	SH		SOLE		0	0	3,123
MICROSOFT CORP	COM	594918104	769	3,263	SH		SOLE		0	0	3,263
SQUARE INC CLASS A	COM	852234103	748	3,295	SH		SOLE		0	0	3,295
PACIRA BIOSCIENCES INC	COM	695127100	245	3,500	SH		SOLE		0	0	3,500
MERCK & CO. INC.	COM	58933Y105	271	3,512	SH		SOLE		0	0	3,512
CHARLES SCHWAB US MC ETF	UIE	808524508	271	3,642	SH		SOLE		0	0	3,642
MONDELEZ INTL CLASS A	COM	609207105	214	3,656	SH		SOLE		0	0	3,656
MCDONALDS CORP	COM	580135101	882	3,936	SH		SOLE		0	0	3,936
JPMORGAN ULTRA SHRT MUNCIPL INCM ETF	UIE	46641Q654	202	3,950	SH		SOLE		0	0	3,950
AVALONBAY CMNTYS INC REIT	RET	053484101	768	4,160	SH		SOLE		0	0	4,160
TECHNOLOGY SELECT SECTORSPDR ETF	UIE	81369Y803	564	4,246	SH		SOLE		0	0	4,246
VANGUARD LARGE CAP ETF	UIE	922908637	821	4,429	SH		SOLE		0	0	4,429
ALTRIA GROUP INC	COM	02209S103	234	4,576	SH		SOLE		0	0	4,576
BLACKSTONE GROUP INC	COM	09260D107	350	4,695	SH		SOLE		0	0	4,695
ISHARES CORE S&P MID CAPETF	UIE	464287507	1,230	4,726	SH		SOLE		0	0	4,726
INVESCO WILDERHILL CLEANENERGY ETF	UIE	46137V134	492	5,000	SH		SOLE		0	0	5,000
ISHARES RUSSELL 1000 ETF	UIE	464287622	1,144	5,109	SH		SOLE		0	0	5,109
VANGUARD FTSE DEVELOPED MARKETS ETF	UIE	921943858	269	5,478	SH		SOLE		0	0	5,478
MGM RESORTS INTL	COM	552953101	218	5,750	SH		SOLE		0	0	5,750
ONEOK INC	COM	682680103	301	5,944	SH		SOLE		0	0	5,944
GRAYSCALE BITCOIN TR BTC	CEM	389637109	313	6,259	SH		SOLE		0	0	6,259
XTRACKERS MSCI EAFE HDGDEQY ETF	UIE	233051200	230	6,331	SH		SOLE		0	0	6,331
ACTIVISION BLIZZARD	COM	00507V109	600	6,450	SH		SOLE		0	0	6,450
VANECK VECTORS GOLD MINERS ETF	UIE	92189F106	210	6,450	SH		SOLE		0	0	6,450
PFIZER INC	COM	717081103	239	6,601	SH		SOLE		0	0	6,601
WALMART INC	COM	931142103	914	6,730	SH		SOLE		0	0	6,730
PHILIP MORRIS INTL	COM	718172109	614	6,924	SH		SOLE		0	0	6,924
ROYAL DUTCH SHELL FSPONSORED ADR 1 ADR REPS 2 ORD SHS	ADR	780259107	294	7,493	SH		SOLE		0	0	7,493
VANGUARD MID CAP GROWTH ETF	UIE	922908538	1,616	7,530	SH		SOLE		0	0	7,530
TELEFLEX INCORPORATE	COM	879369106	3,274	7,880	SH		SOLE		0	0	7,880
PINTEREST INC CLASS A	COM	72352L106	620	8,370	SH		SOLE		0	0	8,370
ISHARES RUSSELL 1000 VALUE ETF	UIE	464287598	1,289	8,506	SH		SOLE		0	0	8,506
BERKSHIRE HATHAWAY CLASS B	COM	084670702	2,225	8,708	SH		SOLE		0	0	8,708
BLACKSTONE MTG TR REIT	RET	09257W100	283	9,045	SH		SOLE		0	0	9,045
PIMCO ACTIVE BOND ETF	UIE	72201R775	1,001	9,148	SH		SOLE		0	0	9,148
ISHARES CORE MSCI EMERGING ETF	UIE	46434G103	603	9,363	SH		SOLE		0	0	9,363
VANGUARD FTSE EMERGING MARKETS ETF	UIE	922042858	567	10,894	SH		SOLE		0	0	10,894
METROMILE INC 26 WTSWARRANTS EXP 02/09/26	WAR	591697115	34	11,000	SH		SOLE		0	0	11,000
GRAYSCALE ETHEREUM COM U	CEM	389638107	207	11,555	SH		SOLE		0	0	11,555
ENTERPRISE PRODS PART LP	MLP	293792107	288	13,061	SH		SOLE		0	0	13,061
CINEDIGM CORP CLASS A	COM	172406209	22	13,083	SH		SOLE		0	0	13,083
ISHARES CORE MSCI EAFE ETF	UIE	46432F842	952	13,209	SH		SOLE		0	0	13,209
TORTOISE NORTH AMERICAN PIPELINE FUND	UIE	56167N720	278	13,708	SH		SOLE		0	0	13,708
ISHARES S&P 500 GROWTH ETF	UIE	464287309	902	13,855	SH		SOLE		0	0	13,855
COMCAST CORP CLASS A	COM	20030N101	752	13,890	SH		SOLE		0	0	13,890
VANGUARD REAL ESTATE ETF	UIE	922908553	1,307	14,224	SH		SOLE		0	0	14,224
SPDR DOUBLELINE TTL RTRNTTCL ETF	UIE	78467V848	690	14,316	SH		SOLE		0	0	14,316
VIACOMCBS INC CLASS B	COM	92556H206	699	15,500	SH		SOLE		0	0	15,500
THE COCA-COLA CO	COM	191216100	920	17,450	SH		SOLE		0	0	17,450
KKR & CO INC	COM	48251W104	871	17,835	SH		SOLE		0	0	17,835
VANGUARD TOTAL STOCK MARKET ETF	UIE	922908769	3,715	17,973	SH		SOLE		0	0	17,973
FACEBOOK INC CLASS A	COM	30303M102	5,404	18,349	SH		SOLE		0	0	18,349
EUROPEAN SUSTAINABLE UTS EXP	UNI	G3194F125	184	18,415	SH		SOLE		0	0	18,415
MIMEDX GROUP INC	COM	602496101	192	18,619	SH		SOLE		0	0	18,619
ISHARES CORE S&P SMALL CAP ETF	UIE	464287804	2,075	19,115	SH		SOLE		0	0	19,115
SHILOH INDUSTRIES	COM	824543102	3	20,000	SH		SOLE		0	0	20,000
THYSSENKRUPP AG FSPONSORED ADR 1 ADR REPS 1 ORD SHS	ADR	88629Q207	267	20,000	SH		SOLE		0	0	20,000
JPMORGAN CHASE & CO	COM	46625H100	3,246	21,324	SH		SOLE		0	0	21,324
PROSHARES SHORT S&P500	UIE	74347B425	361	21,535	SH		SOLE		0	0	21,535
INVESCO QQQ TRUST	UIE	46090E103	7,016	21,984	SH		SOLE		0	0	21,984
EXXON MOBIL CORP	COM	30231G102	1,258	22,539	SH		SOLE		0	0	22,539
SCHWAB US SMALL CAP ETF	UIE	808524607	2,351	23,590	SH		SOLE		0	0	23,590
JUSHI HLDGS INC FCLASS B	FGC	48213Y107	153	25,000	SH		SOLE		0	0	25,000
NUVEEN AMT FREE MNCPL CR	CEM	67071L106	443	26,184	SH		SOLE		0	0	26,184
SELECT SECTOR HEALTH CARE SPDR ETF	UIE	81369Y209	3,066	26,263	SH		SOLE		0	0	26,263
NOVUS CAPITAL CORP I UTS EXP	UNI	67012W203	269	26,900	SH		SOLE		0	0	26,900
SLR INVESTMENT CORP	COM	83413U100	489	27,520	SH		SOLE		0	0	27,520
BROADMARK RLTY CAP INC	COM	11135B100	299	28,597	SH		SOLE		0	0	28,597
ISHARES CORE S&P 500 ETF	UIE	464287200	11,466	28,821	SH		SOLE		0	0	28,821
BLACKSTONE LONG SHORT CR	CEM	09257D102	438	30,942	SH		SOLE		0	0	30,942
SCHWAB US LARGE CAP ETF	UIE	808524201	3,102	32,302	SH		SOLE		0	0	32,302
FIRST TRUST NORTH AMERICAN ENERG ETF	UIE	33738D101	738	32,342	SH		SOLE		0	0	32,342
CYTODYN INC	COM	23283M101	101	37,500	SH		SOLE		0	0	37,500
NUVEEN NEW YORK QLTY MNC	CEM	67066X107	588	41,272	SH		SOLE		0	0	41,272
NUVEEN AMT FREE QUALITY	CEM	670657105	627	42,315	SH		SOLE		0	0	42,315
APPLE INC	COM	037833100	5,190	42,490	SH		SOLE		0	0	42,490
ISHARES US ENERGY ETF	UIE	464287796	1,197	45,653	SH		SOLE		0	0	45,653
WILLAMETTE VLY VINEY	COM	969136100	496	54,800	SH		SOLE		0	0	54,800
JPMORGAN ULTRA SHORT INCOME ETF	UIE	46641Q837	3,860	76,052	SH		SOLE		0	0	76,052
BLACKSTONE STRATEGIC CRE	CEM	09257R101	1,469	110,232	SH		SOLE		0	0	110,232
GLOBUS MEDICAL INC CLASS A	COM	379577208	6,851	111,098	SH		SOLE		0	0	111,098
NUVEEN SHORT DURATION CR	CEM	67074X107	1,602	113,452	SH		SOLE		0	0	113,452
SELECT STR FINANCIAL SELECT SPDR ETF	UIE	81369Y605	5,170	151,832	SH		SOLE		0	0	151,832
NUVEEN NY AMT FREE QLT M	CEM	670656107	2,081	152,445	SH		SOLE		0	0	152,445
EATON VANCE FLOATING RAT	CEM	278279104	2,428	172,182	SH		SOLE		0	0	172,182
GOLUB CAPITAL BDC INC	COM	38173M102	4,178	285,803	SH		SOLE		0	0	285,803
NUVEEN FLOATING RATE INC	CEM	67072T108	2,982	308,650	SH		SOLE		0	0	308,650
BLACKROCK FLOAT RATE INC	CEM	09255X100	4,082	314,010	SH		SOLE		0	0	314,010
APOLLO SENIOR FLOATING R	CEM	037636107	4,748	319,498	SH		SOLE		0	0	319,498
NUVEEN FLOATG RATE INCM	CEM	6706EN100	3,189	334,119	SH		SOLE		0	0	334,119
NUVEEN SENIOR INCOME CF	CEM	67067Y104	2,691	479,327	SH		SOLE		0	0	479,327
EATON VANCE SENIOR INCOM	CEM	27826S103	4,678	705,618	SH		SOLE		0	0	705,618
VOYA PRIME RATE CF	CEM	92913A100	5,459	1,176,518	SH		SOLE		0	0	1,176,518