Institutional Manager · CIK 0001424799
NEPC LLC
Boston, MA · File #028-23980
Latest AUM
$4.69B
Positions
51
Top-10 Concentration
76.9%
Filings
20
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| ADD | VANGUARD SCOTTSDALE FDS | 92206C870 | +1,670,078 | +$139.9M | -$1.6M |
| ADD | VANGUARD INDEX FDS | 922908363 | +198,891 | +$124.7M | +$12.1M |
| ADD | VANGUARD TAX-MANAGED FDS | 921943858 | +1,823,000 | +$113.9M | +$7.0M |
| ADD | VANGUARD SCOTTSDALE FDS | 92206C706 | +1,665,190 | +$99.8M | -$647,265 |
| REDUCE | ISHARES INC | 46434G103 | -1,405,539 | -$94.5M | +$2.1M |
| ADD | VANGUARD SCOTTSDALE FDS | 92206C573 | +1,077,991 | +$83.7M | -$1.8M |
| ADD | SCHWAB STRATEGIC TR | 808524870 | +2,980,022 | +$78.9M | -$2.1M |
| ADD | ISHARES TR | 46435U853 | +1,615,966 | +$60.4M | -$986,880 |
| ADD | VANGUARD SCOTTSDALE FDS | 92206C409 | +752,893 | +$60.0M | -$1.0M |
| ADD | VANGUARD INTL EQUITY INDEX F | 922042858 | +1,020,768 | +$54.9M | -$838,592 |
Filing History
- 13F HOLDINGS REPORTQ/E Dec 202551 pos · $4.69B
- 13F HOLDINGS REPORTQ/E Sep 202549 pos · $3.80B
- 13F HOLDINGS REPORT (Amended)Q/E Sep 20251 pos · $23.6M
- 13F HOLDINGS REPORTQ/E Jun 202549 pos · $3.93B
- 13F HOLDINGS REPORT (Amended)Q/E Mar 20251 pos · $39.4M
- 13F HOLDINGS REPORTQ/E Mar 202546 pos · $3.57B
- 13F HOLDINGS REPORTQ/E Dec 202447 pos · $3.73B
- 13F HOLDINGS REPORTQ/E Sep 202441 pos · $3.32B
- 13F HOLDINGS REPORTQ/E Jun 202441 pos · $3.03B
- 13F HOLDINGS REPORTQ/E Mar 202440 pos · $2.91B
- 13F HOLDINGS REPORTQ/E Mar 202431 pos · $698.8M
- 13F HOLDINGS REPORTQ/E Mar 202426 pos · $196.8M
- 13F HOLDINGS REPORTQ/E Mar 202469 pos · $712.1M
- 13F HOLDINGS REPORTQ/E Mar 202437 pos · $268.6M
- 13F HOLDINGS REPORTQ/E Mar 202431 pos · $147.8M
- 13F HOLDINGS REPORTQ/E Mar 202428 pos · $181.3M
- 13F HOLDINGS REPORTQ/E Mar 202442 pos · $1.56B
- 13F HOLDINGS REPORTQ/E Mar 202427 pos · $174.2M
- 13F HOLDINGS REPORTQ/E Mar 202434 pos · $176.5M
- 13F HOLDINGS REPORTQ/E Mar 202439 pos · $847.2M
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 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% |