Nepc
Boston, MAfiles as NEPC LLC
$5.4bn in 53 US stocks at the end of 30 June 2026. The top 10 are 75.1% of the money. It changed about 2.5% of the portfolio this quarter.
Value
$5.4bn
Stocks
53
Top 10 share
75.1%
Turnover
2.5%
What changed this quarter
New
Bought for the first time this quarter.
- Ishares TRITA<0.1% of the fund
- Ishares TRAGG<0.1% of the fund
Added
Bought more of a stock they already held.
- Vanguard Scottsdale FDSVCIT11.4% of the fund+16%
- Vanguard Scottsdale FDSVGIT9.3% of the fund+4%
- Vanguard Scottsdale FDSVCSH9.2% of the fund+3%
- Vanguard Scottsdale FDSVGLT9.1% of the fund+5%
- Vanguard Scottsdale FDSVTC7.1% of the fund+6%
- Schwab Strategic TRSCHP4.1% of the fund+5%
- World Gold TRGLDM1.0% of the fund+29%
- Spdr Series TrustSPBO0.9% of the fund+130%
- Spdr Series TrustSPHY0.3% of the fund+127%
- IsharesEIS<0.1% of the fund+18%
Cut
Sold some of their stake.
- Vanguard Index FDSVOO12.1% of the fund-4%
- Vanguard Tax-Managed FDSVEA5.7% of the fund-4%
- Vanguard Index FDSVXF2.8% of the fund-3%
- Vanguard Index FDSVTV2.6% of the fund-8%
- Vanguard Intl Equity Index FVT2.3% of the fund-9%
- State STR Spdr S&P 500 ETF TSPY0.5% of the fund-17%
- Ishares TRIWM0.3% of the fund-11%
- EA Series TrustTOV0.2% of the fund-6%
- Ishares TREFA0.2% of the fund-11%
- Ishares TRHEFA0.2% of the fund-15%
- Ishares TREEM<0.1% of the fund-38%
- Vanguard Intl Equity Index FVSS<0.1% of the fund-75%
- Spdr Series TrustSPYM<0.1% of the fund-4%
- Vanguard Star FDSVXUS<0.1% of the fund-8%
- Vanguard Wellington FDVTES<0.1% of the fund-6%
Sold out
Sold their entire stake.
None this quarter.
Holdings
- Vanguard Index FDSVOO
- Share
- 12.1%
- Value
- $647m
- Shares
- 941,895
-4%
- Vanguard Scottsdale FDSVCIT
- Share
- 11.4%
- Value
- $613m
- Shares
- 7,419,110
+16%
- Vanguard Scottsdale FDSVGIT
- Share
- 9.3%
- Value
- $500m
- Shares
- 8,475,832
+4%
- Vanguard Scottsdale FDSVCSH
- Share
- 9.2%
- Value
- $494m
- Shares
- 6,254,317
+3%
- Vanguard Scottsdale FDSVGLT
- Share
- 9.1%
- Value
- $489m
- Shares
- 8,860,856
+5%
- Vanguard Scottsdale FDSVTC
- Share
- 7.1%
- Value
- $380m
- Shares
- 4,943,439
+6%
- Vanguard Tax-Managed FDSVEA
- Share
- 5.7%
- Value
- $306m
- Shares
- 4,298,995
-4%
- Schwab Strategic TRSCHP
- Share
- 4.1%
- Value
- $221m
- Shares
- 8,321,737
+5%
- Ishares TRUSHY
- Share
- 3.6%
- Value
- $194m
- Shares
- 5,230,809
Held
- Vanguard Intl Equity Index FVWO
- Share
- 3.4%
- Value
- $180m
- Shares
- 3,017,415
Held
- Vanguard Malvern FDSVCRB
- Share
- 3.3%
- Value
- $178m
- Shares
- 2,299,200
Held
- Vanguard Index FDSVXF
- Share
- 2.8%
- Value
- $149m
- Shares
- 605,088
-3%
- Vanguard Index FDSVTV
- Share
- 2.6%
- Value
- $141m
- Shares
- 648,293
-8%
- Vanguard Intl Equity Index FVT
- Share
- 2.3%
- Value
- $126m
- Shares
- 800,713
-9%
- Vanguard Scottsdale FDSVGSH
- Share
- 2.2%
- Value
- $116m
- Shares
- 1,993,299
Held
- Ishares TRSHYG
- Share
- 2.1%
- Value
- $112m
- Shares
- 2,632,283
Held
- Ishares TRREET
- Share
- 1.1%
- Value
- $57m
- Shares
- 2,080,016
Held
- World Gold TRGLDM
- Share
- 1.0%
- Value
- $53m
- Shares
- 664,100
+29%
- Ishares TRIGF
- Share
- 1.0%
- Value
- $52m
- Shares
- 781,673
Held
- Abrdn EtfsBCI
- Share
- 1.0%
- Value
- $52m
- Shares
- 2,308,438
Held
- Spdr Index SHS FDSGNR
- Share
- 0.9%
- Value
- $49m
- Shares
- 731,730
Held
- Spdr Series TrustSPBO
- Share
- 0.9%
- Value
- $48m
- Shares
- 1,669,124
+130%
- State STR Spdr S&P 500 ETF TSPY
- Share
- 0.5%
- Value
- $25m
- Shares
- 33,248
-17%
- Ishares TRIEFA
- Share
- 0.5%
- Value
- $24m
- Shares
- 253,188
Held
- Ishares TRIWV
- Share
- 0.4%
- Value
- $20m
- Shares
- 46,031
Held
- Spdr Series TrustSPHY
- Share
- 0.3%
- Value
- $18m
- Shares
- 750,656
+127%
- IsharesIEMG
- Share
- 0.3%
- Value
- $15m
- Shares
- 183,589
Held
- Ishares TRIWM
- Share
- 0.3%
- Value
- $14m
- Shares
- 45,557
-11%
- EA Series TrustTOV
- Share
- 0.2%
- Value
- $13m
- Shares
- 404,606
-6%
- Ishares TREFA
- Share
- 0.2%
- Value
- $11m
- Shares
- 108,493
-11%
- Ishares TRIVV
- Share
- 0.2%
- Value
- $10m
- Shares
- 13,913
Held
- Ishares TRHEFA
- Share
- 0.2%
- Value
- $10m
- Shares
- 204,177
-15%
- Ishares TREAGG
- Share
- 0.1%
- Value
- $6m
- Shares
- 130,692
Held
- Ishares TRIJH
- Share
- 0.1%
- Value
- $6m
- Shares
- 75,763
Held
- Ishares TRIJR
- Share
- <0.1%
- Value
- $5m
- Shares
- 33,886
Held
- IsharesEIS
- Share
- <0.1%
- Value
- $4m
- Shares
- 36,534
+18%
- Ishares TRITOT
- Share
- <0.1%
- Value
- $4m
- Shares
- 25,076
Held
- Vanguard Malvern FDSVTIP
- Share
- <0.1%
- Value
- $3m
- Shares
- 65,564
Held
- Spdr Index SHS FDSEFAX
- Share
- <0.1%
- Value
- $3m
- Shares
- 53,260
Held
- Ishares TREEM
- Share
- <0.1%
- Value
- $2m
- Shares
- 36,131
-38%
- Ishares TRIYR
- Share
- <0.1%
- Value
- $2m
- Shares
- 22,426
Held
- Ishares TRESGU
- Share
- <0.1%
- Value
- $2m
- Shares
- 13,905
Held
- Ishares TRSUSA
- Share
- <0.1%
- Value
- $2m
- Shares
- 9,903
Held
- Ishares TRESGD
- Share
- <0.1%
- Value
- $1m
- Shares
- 13,340
Held
- DBX ETF TRSNPE
- Share
- <0.1%
- Value
- $636,611
- Shares
- 9,245
Held
- Vanguard Intl Equity Index FVSS
- Share
- <0.1%
- Value
- $427,075
- Shares
- 2,768
-75%
- Ishares TRITA
- Share
- <0.1%
- Value
- $242,420
- Shares
- 1,000
New
- Spdr Series TrustSPYM
- Share
- <0.1%
- Value
- $121,890
- Shares
- 1,387
-4%
- Vanguard Star FDSVXUS
- Share
- <0.1%
- Value
- $64,887
- Shares
- 759
-8%
- Ishares TRAGG
- Share
- <0.1%
- Value
- $35,831
- Shares
- 362
New
- Vanguard MUN BD FDSVTEB
- Share
- <0.1%
- Value
- $34,142
- Shares
- 675
Held
- Vanguard Wellington FDVTES
- Share
- <0.1%
- Value
- $26,442
- Shares
- 261
-6%
- Ishares TRIGIB
- Share
- <0.1%
- Value
- $8,507
- Shares
- 160
Held
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Vanguard Index FDSVOO | 12.1% | $647m | 941,895 | -4% |
| Vanguard Scottsdale FDSVCIT | 11.4% | $613m | 7,419,110 | +16% |
| Vanguard Scottsdale FDSVGIT | 9.3% | $500m | 8,475,832 | +4% |
| Vanguard Scottsdale FDSVCSH | 9.2% | $494m | 6,254,317 | +3% |
| Vanguard Scottsdale FDSVGLT | 9.1% | $489m | 8,860,856 | +5% |
| Vanguard Scottsdale FDSVTC | 7.1% | $380m | 4,943,439 | +6% |
| Vanguard Tax-Managed FDSVEA | 5.7% | $306m | 4,298,995 | -4% |
| Schwab Strategic TRSCHP | 4.1% | $221m | 8,321,737 | +5% |
| Ishares TRUSHY | 3.6% | $194m | 5,230,809 | Held |
| Vanguard Intl Equity Index FVWO | 3.4% | $180m | 3,017,415 | Held |
| Vanguard Malvern FDSVCRB | 3.3% | $178m | 2,299,200 | Held |
| Vanguard Index FDSVXF | 2.8% | $149m | 605,088 | -3% |
| Vanguard Index FDSVTV | 2.6% | $141m | 648,293 | -8% |
| Vanguard Intl Equity Index FVT | 2.3% | $126m | 800,713 | -9% |
| Vanguard Scottsdale FDSVGSH | 2.2% | $116m | 1,993,299 | Held |
| Ishares TRSHYG | 2.1% | $112m | 2,632,283 | Held |
| Ishares TRREET | 1.1% | $57m | 2,080,016 | Held |
| World Gold TRGLDM | 1.0% | $53m | 664,100 | +29% |
| Ishares TRIGF | 1.0% | $52m | 781,673 | Held |
| Abrdn EtfsBCI | 1.0% | $52m | 2,308,438 | Held |
| Spdr Index SHS FDSGNR | 0.9% | $49m | 731,730 | Held |
| Spdr Series TrustSPBO | 0.9% | $48m | 1,669,124 | +130% |
| State STR Spdr S&P 500 ETF TSPY | 0.5% | $25m | 33,248 | -17% |
| Ishares TRIEFA | 0.5% | $24m | 253,188 | Held |
| Ishares TRIWV | 0.4% | $20m | 46,031 | Held |
| Spdr Series TrustSPHY | 0.3% | $18m | 750,656 | +127% |
| IsharesIEMG | 0.3% | $15m | 183,589 | Held |
| Ishares TRIWM | 0.3% | $14m | 45,557 | -11% |
| EA Series TrustTOV | 0.2% | $13m | 404,606 | -6% |
| Ishares TREFA | 0.2% | $11m | 108,493 | -11% |
| Ishares TRIVV | 0.2% | $10m | 13,913 | Held |
| Ishares TRHEFA | 0.2% | $10m | 204,177 | -15% |
| Ishares TREAGG | 0.1% | $6m | 130,692 | Held |
| Ishares TRIJH | 0.1% | $6m | 75,763 | Held |
| Ishares TRIJR | <0.1% | $5m | 33,886 | Held |
| IsharesEIS | <0.1% | $4m | 36,534 | +18% |
| Ishares TRITOT | <0.1% | $4m | 25,076 | Held |
| Vanguard Malvern FDSVTIP | <0.1% | $3m | 65,564 | Held |
| Spdr Index SHS FDSEFAX | <0.1% | $3m | 53,260 | Held |
| Ishares TREEM | <0.1% | $2m | 36,131 | -38% |
| Ishares TRIYR | <0.1% | $2m | 22,426 | Held |
| Ishares TRESGU | <0.1% | $2m | 13,905 | Held |
| Ishares TRSUSA | <0.1% | $2m | 9,903 | Held |
| Ishares TRESGD | <0.1% | $1m | 13,340 | Held |
| DBX ETF TRSNPE | <0.1% | $636,611 | 9,245 | Held |
| Vanguard Intl Equity Index FVSS | <0.1% | $427,075 | 2,768 | -75% |
| Ishares TRITA | <0.1% | $242,420 | 1,000 | New |
| Spdr Series TrustSPYM | <0.1% | $121,890 | 1,387 | -4% |
| Vanguard Star FDSVXUS | <0.1% | $64,887 | 759 | -8% |
| Ishares TRAGG | <0.1% | $35,831 | 362 | New |
| Vanguard MUN BD FDSVTEB | <0.1% | $34,142 | 675 | Held |
| Vanguard Wellington FDVTES | <0.1% | $26,442 | 261 | -6% |
| Ishares TRIGIB | <0.1% | $8,507 | 160 | Held |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 35.6% since 30 June 2025.
Where the money is
Other100.0%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.