Nepc LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), Nepc LLC reported 40 stock positions worth $2.9 billion. Its top holding was Vanguard Intermediate-Term T (VGIT) at 12.6% of the portfolio, followed by Vanguard S/T Corp. Bond ETF (VCSH, 10.9%) and Vanguard Int-Term Corporate (VCIT, 9.7%). Compared with Q4 2023, it opened 2 new positions, added to 24 and reduced 2. The biggest buy was a new position in Vanguard Tot World STK ETF (VT) and the biggest sale SS SPDR P High Yield ETF (SPHY, shares −18%).
- Most Recent 13F
- Q2 2026
- Location
- Boston, MA
- CIK
- 0001424799
- Portfolio Value
- $2.9B (Q1 2024)
- SEC Filing
- 0000929638-24-001805 ↗ filed May 15, 2024
Holdings Value
Holdings 40 stocks · $2.9B
| VGIT Vanguard Intermediate-Term T | 12.59% | 6,248,596 | $365.9M | Add +40.5% |
| VCSH Vanguard S/T Corp. Bond ETF | 10.91% | 4,098,375 | $316.8M | Add +18.1% |
| VCIT Vanguard Int-Term Corporate | 9.72% | 3,508,700 | $282.5M | Add +74.0% |
| VOO Vanguard S&P 500 ETF | 8.36% | 505,436 | $243.0M | Add +58.3% |
| VGLT Vanguard Long-Term Treasury | 8.22% | 4,029,312 | $238.7M | Add +185.0% |
| VT Vanguard Tot World STK ETF | 5.04% | 1,326,000 | $146.5M | New |
| VTC Vanguard Total Corporate BND | 4.64% | 1,759,073 | $134.8M | Add +66.7% |
| SCHP Schwab U.S. Tips ETF | 4.64% | 2,582,031 | $134.7M | Add +71.9% |
| VWO Vanguard Ftse Emerging Marke | 3.93% | 2,731,479 | $114.1M | Add +35.1% |
| VEA Vanguard Ftse Developed ETF | 3.83% | 2,216,107 | $111.2M | Add +45.1% |
| VGSH Vanguard Short-Term Treasury | 3.83% | 1,913,635 | $111.1M | No change |
| VTV Vanguard Mrngstr Val ETF-Aui | 3.63% | 647,673 | $105.5M | Add +45.9% |
| IEMG iShares Core MSCI Emerging | 2.72% | 1,532,479 | $79.1M | Add +1887.9% |
| SPHY SS SPDR P High Yield ETF | 2.64% | 3,268,945 | $76.7M | Reduce -18.3% |
| VXF Vanguard Extended Market ETF | 2.37% | 392,612 | $68.8M | Add +53.2% |
| USHY iShares Broad Usd High Yield | 2.32% | 1,839,406 | $67.3M | Add +58.3% |
| SHYG iShares 0-5 YR HY Corp. Bond | 2.30% | 1,573,577 | $67.0M | Add +76.6% |
| GLDM SPDR Gold Minishares Trust | 1.00% | 659,345 | $29.0M | Add +72.7% |
| GNR State Street SPDR S&P Global | 1.00% | 500,084 | $29.0M | Add +87.7% |
| IGF iShares Global Infrastructur | 0.96% | 585,886 | $27.9M | Add +61.9% |
| BCI Abrdn Bloomberg All Commodit filed as ABRDN ETFS | 0.95% | 1,389,362 | $27.5M | Add +98.2% |
| REET iShares Global REIT ETF | 0.94% | 1,149,567 | $27.2M | Add +48.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.64% | 35,515 | $18.6M | No change |
| PGR Progressive Corp. | 0.57% | 80,703 | $16.7M | Reduce -19.3% |
| EAGG iShares ESG Aware US Aggrega | 0.33% | 204,333 | $9.6M | Add +11.7% |
| EFA iShares MSCI Eafe ETF | 0.29% | 105,350 | $8.4M | Add +2.4% |
| IVV iShares Core S&P 500 ETF | 0.29% | 15,788 | $8.3M | No change |
| IWM iShares Russell 2000 ETF | 0.28% | 39,299 | $8.3M | No change |
| HEFA Isha Curr Hedged MSCI Eafe | 0.24% | 198,704 | $6.9M | No change |
| IEFA iShares Core MSCI Eafe ETF | 0.19% | 74,335 | $5.5M | Add +60.9% |
| IJH iShares Core S&P Midcap ETF | 0.15% | 72,425 | $4.4M | No change |
| IJR iShares Core S&P Small-Cap E | 0.13% | 34,190 | $3.8M | No change |
| IYR iShares US Real Estate ETF | 0.07% | 22,562 | $2.0M | No change |
| EEM iShares MSCI Emerging Market | 0.07% | 48,498 | $2.0M | Add +1.0% |
| EIS iShares MSCI Israel ETF | 0.07% | 31,069 | $2.0M | No change |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.06% | 5,166 | $1.8M | New |
| VTIP Vanguard Short-Term Tips | 0.06% | 35,604 | $1.7M | No change |
| SUSA iShares ESG Optimized MSCI U | 0.02% | 4,945 | $540K | Add +5.6% |
| ICLN iShares Global Clean Energy | 0.02% | 35,461 | $496K | No change |
| IGIB iShares 5-10Y Inv Grade Corp. | 0.00% | 378 | $20K | No change |
Portfolio Sells Q4 2023 → Q1 2024
Portfolio Buys Q4 2023 → Q1 2024
| VT Vanguard Tot World STK ETF | New | 5.04% | +5.04 |
| VGLT Vanguard Long-Term Treasury | Add +185.0% | 8.22% | +3.40 |
| IEMG iShares Core MSCI Emerging | Add +1887.9% | 2.72% | +2.51 |
| VCIT Vanguard Int-Term Corporate | Add +74.0% | 9.72% | +0.65 |
| VOO Vanguard S&P 500 ETF | Add +58.3% | 8.36% | +0.64 |
| SCHP Schwab U.S. Tips ETF | Add +71.9% | 4.64% | +0.30 |
| SHYG iShares 0-5 YR HY Corp. Bond | Add +76.6% | 2.30% | +0.22 |
| BCI Abrdn Bloomberg All Commodit | Add +98.2% | 0.95% | +0.19 |
| GNR State Street SPDR S&P Global | Add +87.7% | 1.00% | +0.16 |
| GLDM SPDR Gold Minishares Trust | Add +72.7% | 1.00% | +0.14 |
| VTC Vanguard Total Corporate BND | Add +66.7% | 4.64% | +0.11 |
| VUG Vanguard Mrngstar GR ETF-Sui | New | 0.06% | +0.06 |
| VXF Vanguard Extended Market ETF | Add +53.2% | 2.37% | +0.04 |
| IGF iShares Global Infrastructur | Add +61.9% | 0.96% | +0.02 |
| IEFA iShares Core MSCI Eafe ETF | Add +60.9% | 0.19% | +0.01 |
| SUSA iShares ESG Optimized MSCI U | Add +5.6% | 0.02% | −0.01 |
| USHY iShares Broad Usd High Yield | Add +58.3% | 2.32% | −0.02 |
| EEM iShares MSCI Emerging Market | Add +1.0% | 0.07% | −0.04 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +45.9% | 3.63% | −0.04 |
| REET iShares Global REIT ETF | Add +48.7% | 0.94% | −0.10 |
| EFA iShares MSCI Eafe ETF | Add +2.4% | 0.29% | −0.14 |
| EAGG iShares ESG Aware US Aggrega | Add +11.7% | 0.33% | −0.15 |
| VEA Vanguard Ftse Developed ETF | Add +45.1% | 3.83% | −0.22 |
| VWO Vanguard Ftse Emerging Marke | Add +35.1% | 3.93% | −0.67 |
| VGIT Vanguard Intermediate-Term T | Add +40.5% | 12.59% | −2.00 |
| VCSH Vanguard S/T Corp. Bond ETF | Add +18.1% | 10.91% | −3.95 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 53 | $5.4B | VOO, VCIT, VGIT, VCSH, VGLT |
| Q1 2026 | 51 | $5.0B | VOO, VCIT, VGIT, VCSH, VGLT |
| Q4 2025 | 51 | $4.7B | VOO, VCIT, VGIT, VCSH, VGLT |
| Q3 2025 | 49 | $3.8B | VOO, VCSH, VGLT, VGIT, VCIT |
| Q2 2025Amended | 50 | $4.0B | VOO, VCSH, VGIT, VCIT, VGLT |
| Q1 2025Amended | 47 | $3.6B | VOO, VCSH, VGIT, VGLT, VCIT |
| Q4 2024 | 47 | $3.7B | VGIT, VOO, VGLT, VCSH, VCIT |
| Q3 2024 | 41 | $3.3B | VGIT, VCSH, VOO, VCIT, VGLT |
| Q2 2024 | 41 | $3.0B | VGIT, VCSH, VCIT, VOO, VGLT |
| Q1 2024 | 40 | $2.9B | VGIT, VCSH, VCIT, VOO, VGLT |