13F HOLDINGS REPORT
NEPC LLC
Quarter ended Q4 2025 · Filed February 17, 2026 · Accession 0000929638-26-000646
Total Value
$4.69B
Positions
51
Other Managers
0
Confidential Omitted
No
Holdings (51)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | VANGUARD INDEX FDS | 922908363 | 1,017,491 | $638.1M | 13.60% |
| 2 | VANGUARD SCOTTSDALE FDS | 92206C870 | 6,093,365 | $510.3M | 10.87% |
| 3 | VANGUARD SCOTTSDALE FDS | 92206C706 | 8,137,837 | $487.7M | 10.39% |
| 4 | VANGUARD SCOTTSDALE FDS | 92206C409 | 5,763,304 | $459.5M | 9.79% |
| 5 | VANGUARD SCOTTSDALE FDS | 92206C847 | 7,763,007 | $433.2M | 9.23% |
| 6 | VANGUARD TAX-MANAGED FDS | 921943858 | 4,575,987 | $285.9M | 6.09% |
| 7 | VANGUARD SCOTTSDALE FDS | 92206C573 | 3,533,516 | $274.3M | 5.85% |
| 8 | SCHWAB STRATEGIC TR | 808524870 | 7,572,111 | $200.6M | 4.27% |
| 9 | VANGUARD INTL EQUITY INDEX F | 922042858 | 3,017,415 | $162.2M | 3.46% |
| 10 | ISHARES TR | 46435U853 | 4,179,289 | $156.3M | 3.33% |
| 11 | VANGUARD INDEX FDS | 922908744 | 704,920 | $134.6M | 2.87% |
| 12 | VANGUARD INTL EQUITY INDEX F | 922042742 | 930,776 | $131.3M | 2.80% |
| 13 | VANGUARD INDEX FDS | 922908652 | 626,535 | $131.0M | 2.79% |
| 14 | VANGUARD SCOTTSDALE FDS | 92206C102 | 1,993,299 | $117.1M | 2.49% |
| 15 | ISHARES TR | 46434V407 | 2,632,283 | $112.8M | 2.40% |
| 16 | WORLD GOLD TR | GLDW | 634,975 | $54.2M | 1.16% |
| 17 | SPDR INDEX SHS FDS | 78463X541 | 870,237 | $54.1M | 1.15% |
| 18 | ISHARES TR | 464288372 | 834,157 | $51.2M | 1.09% |
| 19 | ISHARES TR | 46434V647 | 2,040,739 | $50.9M | 1.09% |
| 20 | ABRDN ETFS | 003261104 | 2,308,347 | $45.1M | 0.96% |
| 21 | SPDR S&P 500 ETF TRUST | SPY | 41,403 | $28.2M | 0.60% |
| 22 | ISHARES TR | 46432F842 | 248,385 | $22.2M | 0.47% |
| 23 | ISHARES TR | 464287689 | 45,961 | $17.8M | 0.38% |
| 24 | PROGRESSIVE CORP | 743315103 | 64,992 | $14.8M | 0.32% |
| 25 | ISHARES TR | 464287655 | 50,846 | $12.5M | 0.27% |
| 26 | ISHARES INC | 46434G103 | 185,768 | $12.5M | 0.27% |
| 27 | EA SERIES TRUST | 02072Q846 | 421,343 | $12.1M | 0.26% |
| 28 | ISHARES TR | 464287465 | 121,179 | $11.6M | 0.25% |
| 29 | ISHARES TR | 464287200 | 15,334 | $10.5M | 0.22% |
| 30 | ISHARES TR | 46434V803 | 241,150 | $10.0M | 0.21% |
| 31 | SPDR SERIES TRUST | 78464A144 | 258,781 | $7.6M | 0.16% |
| 32 | ISHARES TR | 464287507 | 75,478 | $5.0M | 0.11% |
| 33 | ISHARES TR | 464287804 | 33,763 | $4.1M | 0.09% |
| 34 | SPDR SERIES TRUST | 78468R606 | 163,549 | $3.9M | 0.08% |
| 35 | ISHARES TR | 464287234 | 69,338 | $3.8M | 0.08% |
| 36 | ISHARES TR | 46435U549 | 78,457 | $3.8M | 0.08% |
| 37 | ISHARES TR | 464287150 | 25,076 | $3.7M | 0.08% |
| 38 | ISHARES INC | 464286632 | 31,069 | $3.4M | 0.07% |
| 39 | VANGUARD MALVERN FDS | 922020805 | 65,564 | $3.2M | 0.07% |
| 40 | SPDR INDEX SHS FDS | 78470E106 | 53,260 | $2.7M | 0.06% |
| 41 | ISHARES TR | 46435G425 | 13,905 | $2.1M | 0.04% |
| 42 | ISHARES TR | 464287739 | 21,747 | $2.0M | 0.04% |
| 43 | VANGUARD INTL EQUITY INDEX F | 922042718 | 10,882 | $1.6M | 0.03% |
| 44 | ISHARES TR | 46435G516 | 13,340 | $1.3M | 0.03% |
| 45 | ISHARES TR | 464288802 | 7,646 | $1.1M | 0.02% |
| 46 | DBX ETF TR | 233051143 | 9,245 | $577,350 | 0.01% |
| 47 | SPDR SERIES TRUST | 78464A854 | 1,438 | $115,356 | 0.00% |
| 48 | VANGUARD STAR FDS | 921909768 | 821 | $61,936 | 0.00% |
| 49 | VANGUARD MUN BD FDS | 922907746 | 675 | $33,946 | 0.00% |
| 50 | VANGUARD WELLINGTON FD | 921935870 | 299 | $30,372 | 0.00% |
| 51 | ISHARES TR | 464288638 | 160 | $8,621 | 0.00% |