Next Level Private LLC
Long book
$442.7M
Q1 2026
Positions
175
Top-10 weight
45%
concentration
Last quarter
+13.1%
SPY +14.8%
Turnover
17%
of book per quarter
Strategy in plain words
auto-generated from filingsNext Level Private LLC is a wealth-management firm allocating client money, running a $442.7M US long book across 175 positions.
The portfolio is moderately concentrated (top 10 ≈ 45% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: AMERICAN CENTURY US QUALITY, FIRST TRUST RISING DIVIDEND, FIRST TRUST RBA AMERICAN IND, APPLE INC, DAVIS SELECT US EQUITY ETF.
Over the last 9 quarters its long book ran on average 0.5pp per quarter ahead of the S&P 500, beating the index in 5 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+2.0%
Q2 2024
+7.2%
Q3 2024
+1.2%
Q4 2024
-0.6%
Q1 2025
+9.9%
Q2 2025
+8.4%
Q3 2025
+3.8%
Q4 2025
+0.0%
Q1 2026
+13.1%
Sector allocation
Technology 31%
Industrials 22%
Financials 19%
Healthcare 7%
Energy 5%
Consumer discretionary 4%
Consumer staples 3%
Other 3%
Long book by quarter
What does Next Level own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 89.5K | $22.7M | 5.1% | +141.3% |
| JPM JPMORGAN CHASE & CO | Financials | 57.7K | $17.0M | 3.8% | +0.4% |
| GE GENERAL ELECTRIC | Industrials | 54.4K | $15.4M | 3.5% | -0.2% |
| GEV GE VERNOVA INC | Industrials | 12.8K | $11.1M | 2.5% | -0.7% |
| GOOG ALPHABET INC-CL C | Technology | 30.7K | $8.8M | 2.0% | +11.7% |
| BA BOEING CO/THE | Industrials | 35.3K | $7.0M | 1.6% | +0.8% |
| XOM EXXON MOBIL CORP | Energy | 40.5K | $6.9M | 1.6% | +2.7% |
| IBM INTL BUSINESS MACHINES CORP | Technology | 23.0K | $5.6M | 1.3% | +5.8% |
| MSFT MICROSOFT CORP | Technology | 13.4K | $5.0M | 1.1% | +2.5% |
| MS MORGAN STANLEY | Financials | 26.4K | $4.3M | 1.0% | +0.2% |
| CSL CARLISLE COS INC | Other | 12.3K | $4.1M | 0.9% | +0.3% |
| BMY BRISTOL-MYERS SQUIBB CO | Healthcare | 65.2K | $4.0M | 0.9% | +6.4% |
| GOOGL ALPHABET INC-CL A | Technology | 13.6K | $3.9M | 0.9% | +2.3% |
| BX BLACKSTONE INC | Financials | 31.6K | $3.6M | 0.8% | +0.7% |
| DOW DOW INC | Materials | 80.6K | $3.4M | 0.8% | +44.3% |
| T AT&T INC | Communications | 114.3K | $3.3M | 0.7% | +1.8% |
| AVGO BROADCOM INC | Technology | 9.5K | $2.9M | 0.7% | +6.4% |
| AMZN AMAZON.COM INC | Consumer discretionary | 13.6K | $2.8M | 0.6% | +20.1% |
| MO ALTRIA GROUP INC | Consumer staples | 41.5K | $2.7M | 0.6% | +10.6% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 5.7K | $2.7M | 0.6% | -3.8% |
| HSY HERSHEY CO/THE | Consumer staples | 12.3K | $2.5M | 0.6% | 0.0% |
| MRK MERCK & CO. INC. | Healthcare | 20.5K | $2.5M | 0.6% | +1.5% |
| PFE PFIZER INC | Healthcare | 87.2K | $2.4M | 0.6% | +40.1% |
| HD HOME DEPOT INC | Consumer discretionary | 6.8K | $2.2M | 0.5% | +6.5% |
| F FORD MOTOR CO | Industrials | 187.0K | $2.2M | 0.5% | +4.3% |
| AMAT APPLIED MATERIALS INC | Technology | 4.5K | $1.5M | 0.3% | +0.3% |
| NVDA NVIDIA CORP | Technology | 8.8K | $1.5M | 0.3% | +26.2% |
| BAC BANK OF AMERICA CORP | Financials | 30.0K | $1.5M | 0.3% | -4.6% |
| AXP AMERICAN EXPRESS CO | Financials | 4.3K | $1.3M | 0.3% | +5.6% |
| CVX CHEVRON CORP | Energy | 5.9K | $1.2M | 0.3% | +12.0% |
| JNJ JOHNSON & JOHNSON | Healthcare | 4.8K | $1.2M | 0.3% | +5.9% |
| V VISA INC-CLASS A SHARES | Services media | 3.5K | $1.1M | 0.2% | +3.5% |
| VZ VERIZON COMMUNICATIONS INC | Communications | 21.0K | $1.1M | 0.2% | +64.2% |
| CAT CATERPILLAR INC | Industrials | 1.4K | $1.0M | 0.2% | +4.8% |
| SAR SARATOGA INVESTMENT CORP | — | 43.5K | $952K | 0.2% | Held |
| ABBV ABBVIE INC | Healthcare | 4.2K | $920K | 0.2% | +26.1% |
| AMD ADVANCED MICRO DEVICES | Technology | 4.5K | $919K | 0.2% | +0.6% |
| META META PLATFORMS INC-CLASS A | Technology | 1.6K | $890K | 0.2% | +6.5% |
| C CITIGROUP INC | Financials | 7.5K | $856K | 0.2% | +9.9% |
| TRGP TARGA RESOURCES CORP | Utilities | 3.0K | $741K | 0.2% | +0.4% |
| LLY ELI LILLY & CO | Healthcare | 741 | $682K | 0.2% | +2.5% |
| SD SANDRIDGE ENERGY INC | Energy | 39.1K | $638K | 0.1% | -18.9% |
| WMT WALMART INC | Consumer discretionary | 5.0K | $627K | 0.1% | +30.1% |
| DE DEERE & CO | Industrials | 1.1K | $619K | 0.1% | +0.1% |
| GS GOLDMAN SACHS GROUP INC | Financials | 728 | $616K | 0.1% | +2.0% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 23, 2026 | 175 | $442.7M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 7, 2026 | 161 | $381.5M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 23, 2025 | 156 | $344.9M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 8, 2025 | 150 | $307.2M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 11, 2025 | 140 | $268.4M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 22, 2025 | 132 | $247.9M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 10, 2024 | 143 | $244.1M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 2, 2024 | 133 | $218.7M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 15, 2024 | 131 | $217.8M | canonical | SEC ↗ |