Nepc LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Nepc LLC reported 41 stock positions worth $3.0 billion. Its top holding was Vanguard Intermediate-Term T (VGIT) at 12.1% of the portfolio, followed by Vanguard S/T Corp. Bond ETF (VCSH, 11.1%) and Vanguard Int-Term Corporate (VCIT, 9.9%). Compared with Q1 2024, it opened 1 new position, added to 11 and reduced 15. The biggest buy was a new position in SS SPDR P Corp. Bond ETF (SPBO) and the biggest sale SS SPDR P High Yield ETF (SPHY, shares −13%).
- Most Recent 13F
- Q2 2026
- Location
- Boston, MA
- CIK
- 0001424799
- Portfolio Value
- $3.0B (Q2 2024)
- SEC Filing
- 0000929638-24-002795 ↗ filed Aug 14, 2024
Holdings Value
Holdings 41 stocks · $3.0B
| VGIT Vanguard Intermediate-Term T | 12.13% | 6,316,058 | $367.8M | Add +1.1% |
| VCSH Vanguard S/T Corp. Bond ETF | 11.11% | 4,359,301 | $336.9M | Add +6.4% |
| VCIT Vanguard Int-Term Corporate | 9.92% | 3,763,505 | $300.8M | Add +7.3% |
| VOO Vanguard S&P 500 ETF | 8.34% | 505,436 | $252.8M | No change |
| VGLT Vanguard Long-Term Treasury | 7.66% | 4,029,312 | $232.4M | No change |
| SCHP Schwab U.S. Tips ETF | 5.10% | 2,971,211 | $154.5M | Add +15.1% |
| VT Vanguard Tot World STK ETF | 4.92% | 1,326,000 | $149.3M | No change |
| VTC Vanguard Total Corporate BND | 4.53% | 1,812,712 | $137.2M | Add +3.0% |
| VWO Vanguard Ftse Emerging Marke | 3.98% | 2,755,609 | $120.6M | Add +0.9% |
| VGSH Vanguard Short-Term Treasury | 3.66% | 1,913,635 | $111.0M | No change |
| VEA Vanguard Ftse Developed ETF | 3.63% | 2,227,087 | $110.1M | Add +0.5% |
| VTV Vanguard Mrngstr Val ETF-Aui | 3.43% | 647,673 | $103.9M | No change |
| IEMG iShares Core MSCI Emerging | 2.73% | 1,546,393 | $82.8M | Add +0.9% |
| SPBO SS SPDR P Corp. Bond ETF | 2.33% | 2,463,594 | $70.7M | New |
| USHY iShares Broad Usd High Yield | 2.27% | 1,894,929 | $68.7M | Add +3.0% |
| SHYG iShares 0-5 YR HY Corp. Bond | 2.26% | 1,621,106 | $68.4M | Add +3.0% |
| VXF Vanguard Extended Market ETF | 2.19% | 392,612 | $66.3M | No change |
| SPHY SS SPDR P High Yield ETF | 2.17% | 2,833,790 | $65.8M | Reduce -13.3% |
| IGF iShares Global Infrastructur | 0.93% | 585,886 | $28.1M | No change |
| REET iShares Global REIT ETF | 0.88% | 1,149,567 | $26.7M | No change |
| GLDM SPDR Gold Minishares Trust | 0.87% | 573,070 | $26.4M | Reduce -13.1% |
| BCI Abrdn Bloomberg All Commodit filed as ABRDN ETFS | 0.87% | 1,292,273 | $26.3M | Reduce -7.0% |
| GNR State Street SPDR S&P Global | 0.86% | 465,940 | $26.0M | Reduce -6.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.60% | 33,554 | $18.3M | Reduce -5.5% |
| PGR Progressive Corp. | 0.55% | 80,703 | $16.8M | No change |
| EAGG iShares ESG Aware US Aggrega | 0.28% | 182,869 | $8.5M | Reduce -10.5% |
| IVV iShares Core S&P 500 ETF | 0.27% | 15,127 | $8.3M | Reduce -4.2% |
| EFA iShares MSCI Eafe ETF | 0.27% | 104,912 | $8.2M | Reduce -0.4% |
| IWM iShares Russell 2000 ETF | 0.26% | 39,299 | $8.0M | No change |
| HEFA Isha Curr Hedged MSCI Eafe | 0.23% | 191,997 | $6.8M | Reduce -3.4% |
| IEFA iShares Core MSCI Eafe ETF | 0.18% | 74,335 | $5.4M | No change |
| IJH iShares Core S&P Midcap ETF | 0.14% | 70,687 | $4.1M | Reduce -2.4% |
| IJR iShares Core S&P Small-Cap E | 0.12% | 33,029 | $3.5M | Reduce -3.4% |
| VTIP Vanguard Short-Term Tips | 0.08% | 51,214 | $2.5M | Add +43.8% |
| EEM iShares MSCI Emerging Market | 0.06% | 46,072 | $2.0M | Reduce -5.0% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.06% | 5,166 | $1.9M | No change |
| EIS iShares MSCI Israel ETF | 0.06% | 31,069 | $1.9M | No change |
| IYR iShares US Real Estate ETF | 0.06% | 20,732 | $1.8M | Reduce -8.1% |
| SUSA iShares ESG Optimized MSCI U | 0.02% | 4,783 | $537K | Reduce -3.3% |
| ICLN iShares Global Clean Energy | 0.02% | 35,461 | $472K | No change |
| IGIB iShares 5-10Y Inv Grade Corp. | 0.00% | 179 | $9K | Reduce -52.6% |
Portfolio Sells Q1 2024 → Q2 2024
| SPHY SS SPDR P High Yield ETF | Reduce -13.3% | 2.17% | −0.47 |
| GNR State Street SPDR S&P Global | Reduce -6.8% | 0.86% | −0.14 |
| GLDM SPDR Gold Minishares Trust | Reduce -13.1% | 0.87% | −0.13 |
| BCI Abrdn Bloomberg All Commodit | Reduce -7.0% | 0.87% | −0.08 |
| EAGG iShares ESG Aware US Aggrega | Reduce -10.5% | 0.28% | −0.05 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -5.5% | 0.60% | −0.04 |
| EFA iShares MSCI Eafe ETF | Reduce -0.4% | 0.27% | −0.02 |
| IJH iShares Core S&P Midcap ETF | Reduce -2.4% | 0.14% | −0.01 |
| IJR iShares Core S&P Small-Cap E | Reduce -3.4% | 0.12% | −0.01 |
| HEFA Isha Curr Hedged MSCI Eafe | Reduce -3.4% | 0.23% | −0.01 |
| IVV iShares Core S&P 500 ETF | Reduce -4.2% | 0.27% | −0.01 |
| IYR iShares US Real Estate ETF | Reduce -8.1% | 0.06% | −0.01 |
| EEM iShares MSCI Emerging Market | Reduce -5.0% | 0.06% | −0.00 |
| SUSA iShares ESG Optimized MSCI U | Reduce -3.3% | 0.02% | −0.00 |
| IGIB iShares 5-10Y Inv Grade Corp. | Reduce -52.6% | 0.00% | −0.00 |
Portfolio Buys Q1 2024 → Q2 2024
| SPBO SS SPDR P Corp. Bond ETF | New | 2.33% | +2.33 |
| SCHP Schwab U.S. Tips ETF | Add +15.1% | 5.10% | +0.46 |
| VCSH Vanguard S/T Corp. Bond ETF | Add +6.4% | 11.11% | +0.20 |
| VCIT Vanguard Int-Term Corporate | Add +7.3% | 9.92% | +0.20 |
| VWO Vanguard Ftse Emerging Marke | Add +0.9% | 3.98% | +0.05 |
| VTIP Vanguard Short-Term Tips | Add +43.8% | 0.08% | +0.02 |
| IEMG iShares Core MSCI Emerging | Add +0.9% | 2.73% | +0.01 |
| SHYG iShares 0-5 YR HY Corp. Bond | Add +3.0% | 2.26% | −0.05 |
| USHY iShares Broad Usd High Yield | Add +3.0% | 2.27% | −0.05 |
| VTC Vanguard Total Corporate BND | Add +3.0% | 4.53% | −0.11 |
| VEA Vanguard Ftse Developed ETF | Add +0.5% | 3.63% | −0.20 |
| VGIT Vanguard Intermediate-Term T | Add +1.1% | 12.13% | −0.47 |
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 |