NEPC LLC
CIK 1424799 · View on SEC EDGAR ↗
- Portfolio value
- $5.4B
- Positions
- 53
- As of
- June 30, 2026
#765 of 9,443 by 13F value · top 8.1%
Portfolio value QoQ: +6.7% 13F does not disclose cash
- Top 10 holdings weight
- 75.08%
- Top 25 holdings weight
- 97.50%
- Positions above 1%
- 17
- Effective number of positions
- 14.2
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 1.63% Est. buys $225,055,236 · sells $84,527,524
Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 89.8% still held
- New positions
- 2
- Increased
- 16
- Decreased
- 16
- Closed
- 1
On this page
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- High-conviction bets The holdings this manager is most concentrated in.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Sector breakdown
Other/Unmapped
100.0%
Full portfolio 53 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| VOO | $646,902,905 | 12.07% | 941,895 | $62,406,982 | Down ×2 | ||
| VCIT Vanguard Intermediate-Term Corporate Bond ETF | $613,189,442 | 11.44% | 7,419,110 | $84,353,142 | Up ×3 | ||
| VGIT Vanguard Intermediate-Term Treasury ETF | $499,904,571 | 9.33% | 8,475,832 | $15,296,378 | Up ×1 | ||
| VCSH Vanguard Short-Term Corporate Bond ETF | $494,278,673 | 9.22% | 6,254,317 | $13,461,177 | Up ×3 | ||
| VGLT Vanguard Long-Term Treasury ETF | $488,942,034 | 9.12% | 8,860,856 | $23,790,371 | Up ×6 | ||
| VTC Vanguard Total Corporate Bond ETF | $379,656,115 | 7.08% | 4,943,439 | $19,872,519 | Up ×3 | ||
| VEA | $306,303,394 | 5.72% | 4,298,995 | $18,751,891 | Down ×2 | ||
| SCHP | $220,526,031 | 4.12% | 8,321,737 | $9,043,429 | Up ×3 | ||
| USHY | $193,644,549 | 3.61% | 5,230,809 | $941,545 | |||
| VWO | $180,109,501 | 3.36% | 3,017,415 | $17,018,220 | |||
| VCRB Vanguard Core Bond ETF | $177,573,424 | 3.31% | 2,299,200 | $-2,853,522 | Down ×1 | ||
| VXF | $148,978,716 | 2.78% | 605,088 | $20,037,813 | Down ×1 | ||
| VTV | $141,282,493 | 2.64% | 648,293 | $2,977,189 | Down ×1 | ||
| VT | $125,671,905 | 2.35% | 800,713 | $3,696,626 | Down ×2 | ||
| VGSH Vanguard Short-Term Treasury ETF | $116,010,002 | 2.16% | 1,993,299 | $-677,721 | |||
| SHYG | $111,635,122 | 2.08% | 2,632,283 | $263,228 | |||
| REET | $57,450,042 | 1.07% | 2,080,016 | $5,137,640 | |||
| GLDM | $52,742,822 | 0.98% | 664,100 | $4,874,184 | Up ×1 | ||
| IGF iShares Global Infrastructure ETF | $52,059,422 | 0.97% | 781,673 | $-312,669 | |||
| BCI | $51,570,505 | 0.96% | 2,308,438 | $-4,501,454 | |||
| GNR | $49,252,746 | 0.92% | 731,730 | $-5,385,533 | |||
| SPBO | $48,471,361 | 0.90% | 1,669,124 | $27,447,051 | Up ×2 | ||
| SPY SPY | $24,828,609 | 0.46% | 33,248 | $-1,201,250 | Down ×3 | ||
| IEFA | $24,452,897 | 0.46% | 253,188 | $1,533,417 | Up ×6 | ||
| IWV | $19,627,618 | 0.37% | 46,031 | $2,564,847 | |||
| SPHY | $17,595,377 | 0.33% | 750,656 | $9,894,367 | Up ×2 | ||
| IEMG | $15,208,513 | 0.28% | 183,589 | $2,403,250 | Up ×1 | ||
| IWM | $13,687,601 | 0.26% | 45,557 | $1,058,449 | Down ×1 | ||
| TOV | $12,750,713 | 0.24% | 404,606 | $966,192 | Down ×1 | ||
| EFA | $11,270,253 | 0.21% | 108,493 | $-519,581 | Down ×1 | ||
| IVV | $10,419,307 | 0.19% | 13,913 | $1,351,446 | Up ×1 | ||
| HEFA | $9,581,006 | 0.18% | 204,177 | $-666,663 | Down ×1 | ||
| EAGG | $6,196,108 | 0.12% | 130,692 | $-18,297 | |||
| IJH | $5,842,085 | 0.11% | 75,763 | $735,804 | Up ×4 | ||
| IJR | $5,025,633 | 0.09% | 33,886 | $823,582 | Up ×4 | ||
| EIS | $4,410,019 | 0.08% | 36,534 | $804,772 | Up ×1 | ||
| ITOT | $4,119,235 | 0.08% | 25,076 | $547,660 | |||
| VTIP Vanguard Short-Term Inflation-Protected Securities Index Fund ETF Shares | $3,293,280 | 0.06% | 65,564 | $18,358 | |||
| EFAX | $2,882,495 | 0.05% | 53,260 | $231,958 | |||
| EEM | $2,471,722 | 0.05% | 36,131 | $-819,429 | Down ×2 | ||
| IYR | $2,293,059 | 0.04% | 22,426 | $182,669 | Up ×5 | ||
| ESGU iShares ESG Aware MSCI USA ETF | $2,275,831 | 0.04% | 13,905 | $309,386 | |||
| SUSA | $1,528,033 | 0.03% | 9,903 | $219,847 | |||
| ESGD iShares ESG Aware MSCI EAFE ETF | $1,371,485 | 0.03% | 13,340 | $95,914 | |||
| SNPE | $636,611 | 0.01% | 9,245 | $86,071 | |||
| VSS | $427,075 | 0.01% | 2,768 | $-1,159,412 | Down ×1 | ||
| ITA ITA | $242,420 | 0.00% | 1,000 | Up ×1 | |||
| SPYM | $121,890 | 0.00% | 1,387 | $11,825 | Down ×1 | ||
| VXUS Vanguard Total International Stock ETF | $64,887 | 0.00% | 759 | $1,580 | Down ×1 | ||
| AGG | $35,831 | 0.00% | 362 | ||||
| VTEB | $34,142 | 0.00% | 675 | $466 | |||
| VTES | $26,442 | 0.00% | 261 | $-1,574 | Down ×2 | ||
| IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF | $8,507 | 0.00% | 160 | $-8 | |||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| ITA | $242,420 | 1,000 | 0.00% |
| AGG | $35,831 | 362 | 0.00% |
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| VCIT | Bought more | +1.0M | +$84.4M |
| VOO | Trimmed | -36K | +$62.4M |
| SPBO | Bought more | +945K | +$27.4M |
| VGLT | Bought more | +458K | +$23.8M |
| VXF | Trimmed | -21K | +$20.0M |
| VTC | Bought more | +261K | +$19.9M |
| VEA | Trimmed | -188K | +$18.8M |
| VWO | Price move only | +0 | +$17.0M |
| VGIT | Bought more | +338K | +$15.3M |
| VCSH | Bought more | +189K | +$13.5M |
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| SPYM | Sept. 30, 2025 | 973,556 | $70,767,786 | No longer tracked |
| VO | Dec. 31, 2025 | 89,095 | $26,170,765 | No longer tracked |
| AGG | March 31, 2025 | 262,471 | $25,433,440 | No longer tracked |
| PGR | March 31, 2026 | 64,992 | $14,799,981 | 7.7% |
| IEF | Dec. 31, 2025 | 116,950 | $11,280,997 | |
| GOVT | Sept. 30, 2025 | 487,077 | $11,193,029 | No longer tracked |
| ICLN | Sept. 30, 2025 | 35,461 | $464,894 | |
| SPYM | March 31, 2025 | 6,170 | $425,360 | No longer tracked |
| XLU | March 31, 2025 | 53 | $4,012 | No longer tracked |