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NEPC LLC

Q4 2025 · Filed 2026-02-17
Market Value
$4.7B
+23.5%
Holdings
53
+1
New Purchases
4
Added To
33
Closed
2
Reduced
4
Top 10 Concentration
76.9%
Turnover
11.3%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
VEA 6.09% 4.34% +1.75% $286M
VCIT 10.87% 9.79% +1.08% $510M
SCHP 4.27% 3.26% +1.02% $201M
USHY 3.33% 2.55% +0.78% $156M
VTC 5.85% 5.07% +0.78% $274M
VXF 2.79% 2.05% +0.74% $131M
VWO 3.46% 2.85% +0.61% $162M
VGSH 2.49% 1.90% +0.59% $117M
VOO 13.60% 13.19% +0.40% $638M
VGIT 10.39% 10.23% +0.17% $488M
IWV 0.38% 0.28% +0.10% $18M
VT 2.80% 2.74% +0.06% $131M
TOV 0.26% 0.22% +0.04% $12M
IGF 1.09% 1.07% +0.02% $51M
IEFA 0.47% 0.46% +0.02% $22M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
IEMG 0.27% 2.76% -2.49% $12M
SPBO 0.16% 1.28% -1.12% $8M
VGLT 9.23% 10.30% -1.07% $433M
SPHY 0.08% 0.88% -0.80% $4M
VCSH 9.79% 10.54% -0.75% $460M
VO 0.00% 0.69% -0.69% $0
IEF 0.00% 0.30% -0.30% $0
BCI 0.96% 1.12% -0.16% $45M
SPY 0.60% 0.73% -0.13% $28M
PGR 0.32% 0.42% -0.11% $15M
SHYG 2.40% 2.51% -0.10% $113M
GLDM 1.16% 1.24% -0.08% $54M
IWM 0.27% 0.32% -0.06% $13M
EFA 0.25% 0.29% -0.05% $12M
IVV 0.22% 0.27% -0.04% $11M

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 7 $1.1B 23.4%
Large Cap 31 $3.0B 64.2%
Mid Cap 9 $280M 6.0%
Small Cap 5 $288M 6.1%
Micro Cap 1 $12M 0.3%

Portfolio Analytics

Avg Market Cap
$124.7B
Median Market Cap
$30.7B
Avg P/E
10.1
Median P/E
10.1
Avg Dividend Yield
0.07%
Avg Beta
0.90
# Stocks
1
# ETFs / Funds
52

Top Holdings (53 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 VOO 13.60% 1,017,491 $638M $627.13 $137M +198,891 +24.3%
2 VCIT 10.87% 6,093,365 $510M $83.75 $138M +1,670,078 +37.8%
3 VGIT 10.39% 8,137,837 $488M $59.93 $99M +1,665,190 +25.7%
4 VCSH 9.79% 5,763,304 $460M $79.73 $59M +752,893 +15.0%
5 VGLT 9.23% 7,763,007 $433M $55.80 $42M +878,866 +12.8%
6 VEA 6.09% 4,575,987 $286M $62.47 $121M +1,823,000 +66.2%
7 VTC 5.85% 3,533,516 $274M $77.64 $82M +1,077,991 +43.9%
8 SCHP 4.27% 7,572,111 $201M $26.49 $77M +2,980,022 +64.9%
9 VWO 3.46% 3,017,415 $162M $53.76 $54M +1,020,768 +51.1%
10 USHY 3.33% 4,179,289 $156M $37.39 $59M +1,615,966 +63.0%
11 VTV 2.87% 704,920 $135M $190.99 $25M +117,518 +20.0%
12 VT 2.80% 930,776 $131M $141.06 $27M +174,998 +23.1%
13 VXF 2.79% 626,535 $131M $209.12 $53M +254,531 +68.4%
14 VGSH 2.49% 1,993,299 $117M $58.73 $45M +766,581 +62.5%
15 SHYG 2.40% 2,632,283 $113M $42.87 $18M +431,320 +19.6%
16 GLDM 1.16% 634,975 $54M $85.37 $7M +20,110 +3.3%
17 GNR 1.15% 870,237 $54M $62.14 $11M +139,347 +19.1%
18 IGF 1.09% 834,157 $51M $61.36 $10M +168,178 +25.2%
19 REET 1.09% 2,040,739 $51M $24.95 $9M +397,810 +24.2%
20 BCI 0.96% 2,308,347 $45M $19.53 $2M +326,507 +16.5%
21 SPY 0.60% 41,403 $28M $681.92 $514K -206 -0.5%
22 IEFA 0.47% 248,385 $22M $89.46 $5M +50,272 +25.4%
23 IWV 0.38% 45,961 $18M $386.85 $7M +18,112 +65.0%
24 PGR 0.32% 64,992 $15M $227.72 -$1M
25 IWM 0.27% 50,846 $13M $246.16 $250K +149 +0.3%
26 IEMG 0.27% 185,768 $12M $67.22 -$92M -1,405,539 -88.3%
27 TOV 0.26% 421,343 $12M $28.68 $4M +123,368 +41.4%
28 EFA 0.25% 121,179 $12M $96.03 $491K +1,803 +1.5%
29 IVV 0.22% 15,334 $11M $684.94 $316K +114 +0.8%
30 HEFA 0.21% 241,150 $10M $41.36 $554K +3,323 +1.4%
31 SPBO 0.16% 258,781 $8M $29.34 -$41M -1,380,665 -84.2%
32 IJH 0.11% 75,478 $5M $66.00 $75K +296 +0.4%
33 IJR 0.09% 33,763 $4M $120.18 $61K +131 +0.4%
34 SPHY 0.08% 163,549 $4M $23.67 -$30M -1,237,032 -88.3%
35 EEM 0.08% 69,338 $4M $54.71 $117K +483 +0.7%
36 EAGG 0.08% 78,457 $4M $47.85 -$14K
37 ITOT 0.08% 25,076 $4M $148.69 $76K
38 EIS 0.07% 31,069 $3M $110.03 $302K
39 VTIP 0.07% 65,564 $3M $49.46 -$77K
40 EFAX 0.06% 53,260 $3M $50.47 $62K
41 ESGU 0.04% 13,905 $2M $148.98 $47K
42 IYR 0.04% 21,747 $2M $93.89 -$51K +194 +0.9%
43 VSS 0.03% 10,882 $2M $143.33 $403K +2,768 +34.1%
44 ESGD 0.03% 13,340 $1M $95.09 $107K +845 +6.8%
45 SUSA 0.02% 7,646 $1M $139.35 $28K
46 SNPE 0.01% 9,245 $577K $62.45 $22K
47 SPLG —% 1,438 $115K $80.22 +1,438 NEW
48 VXUS —% 821 $62K $75.44 +821 NEW
49 VTEB —% 675 $34K $50.29 +675 NEW
50 VTES —% 299 $30K $101.58 +299 NEW
51 IGIB —% 160 $9K $53.88 -$33
52 IEF —% -$11M -116,950 -100.0% SOLD
53 VO —% -$26M -89,095 -100.0% SOLD

New Positions

SymbolValue% Port
SPLG $115K —%
VXUS $62K —%
VTEB $34K —%
VTES $30K —%

Sold Out Positions

SymbolValue% Port
IEF —%
VO —%
View SEC EDGAR Filings for NEPC LLC →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms