Largest positions
| Issuer | Class | Value | Share |
|---|---|---|---|
| Vanguard Index FdsS&P 500 ETF SHS | S&P 500 ETF SHS | $646,902,905 | 12.1% |
| Vanguard Scottsdale FdsINT-TERM CORP | INT-TERM CORP | $613,189,442 | 11.4% |
| Vanguard Scottsdale FdsINTER TERM TREAS | INTER TERM TREAS | $499,904,571 | 9.3% |
| Vanguard Scottsdale FdsSHRT TRM CORP BD | SHRT TRM CORP BD | $494,278,673 | 9.2% |
| Vanguard Scottsdale FdsLONG TERM TREAS | LONG TERM TREAS | $488,942,034 | 9.1% |
| Vanguard Scottsdale FdsTOTAL CORP BND | TOTAL CORP BND | $379,656,115 | 7.1% |
| Vanguard Tax-managed FdsVAN FTSE DEV MKT | VAN FTSE DEV MKT | $306,303,394 | 5.7% |
| Schwab Strategic TRUS TIPS ETF | US TIPS ETF | $220,526,031 | 4.1% |
| iShares TRBROAD USD HIGH | BROAD USD HIGH | $193,644,549 | 3.6% |
| Vanguard Intl Equity Index FFTSE EMR MKT ETF | FTSE EMR MKT ETF | $180,109,501 | 3.4% |
| Vanguard Malvern FdsCORE BD ETF | CORE BD ETF | $177,573,424 | 3.3% |
| Vanguard Index FdsEXTEND MKT ETF | EXTEND MKT ETF | $148,978,716 | 2.8% |
| Vanguard Index FdsVALUE ETF | VALUE ETF | $141,282,493 | 2.6% |
| Vanguard Intl Equity Index FTT WRLD ST ETF | TT WRLD ST ETF | $125,671,905 | 2.3% |
| Vanguard Scottsdale FdsSHORT TERM TREAS | SHORT TERM TREAS | $116,010,002 | 2.2% |
| iShares TR0-5YR HI YL CP | 0-5YR HI YL CP | $111,635,122 | 2.1% |
| iShares TRGLOBAL REIT ETF | GLOBAL REIT ETF | $57,450,042 | 1.1% |
| World Gold TRSPDR GLD MINIS | SPDR GLD MINIS | $52,742,822 | 1.0% |
| iShares TRGLB INFRASTR ETF | GLB INFRASTR ETF | $52,059,422 | 1.0% |
| Abrdn ETFSBBRG ALL COMD K1 | BBRG ALL COMD K1 | $51,570,505 | 1.0% |
| SPDR Index Shs FdsST STR NAT ETF | ST STR NAT ETF | $49,252,746 | 0.9% |
| SPDR Series TrustST STR CORPO ETF | ST STR CORPO ETF | $48,471,361 | 0.9% |
| State Str SPDR S&P 500 ETF TTR UNIT | TR UNIT | $24,828,609 | 0.5% |
| iShares TRCORE MSCI EAFE | CORE MSCI EAFE | $24,452,897 | 0.5% |
| iShares TRRUSSELL 3000 ETF | RUSSELL 3000 ETF | $19,627,618 | 0.4% |
| SPDR Series TrustST PORT HIGH ETF | ST PORT HIGH ETF | $17,595,377 | 0.3% |
| iShares Inc.CORE MSCI EMKT | CORE MSCI EMKT | $15,208,513 | 0.3% |
| iShares TRRUSSELL 2000 ETF | RUSSELL 2000 ETF | $13,687,601 | 0.3% |
| EA Series TrustJLEN 500 JEW ETF | JLEN 500 JEW ETF | $12,750,713 | 0.2% |
| iShares TRMSCI EAFE ETF | MSCI EAFE ETF | $11,270,253 | 0.2% |
| iShares TRCORE S&P500 ETF | CORE S&P500 ETF | $10,419,307 | 0.2% |
| iShares TRHDG MSCI EAFE | HDG MSCI EAFE | $9,581,006 | 0.2% |
| iShares TRESG AWR US AGRGT | ESG AWR US AGRGT | $6,196,108 | 0.1% |
| iShares TRCORE S&P MCP ETF | CORE S&P MCP ETF | $5,842,085 | 0.1% |
| iShares TRCORE S&P SCP ETF | CORE S&P SCP ETF | $5,025,633 | 0.1% |
| iShares Inc.MSCI ISRAEL ETF | MSCI ISRAEL ETF | $4,410,019 | 0.1% |
| iShares TRCORE S&P TTL STK | CORE S&P TTL STK | $4,119,235 | 0.1% |
| Vanguard Malvern FdsSTRM INFPROIDX | STRM INFPROIDX | $3,293,280 | 0.1% |
| SPDR Index Shs FdsST STR MSCI EAFE | ST STR MSCI EAFE | $2,882,495 | 0.1% |
| iShares TRMSCI EMG MKT ETF | MSCI EMG MKT ETF | $2,471,722 | 0.0% |
| iShares TRU.S. REAL ES ETF | U.S. REAL ES ETF | $2,293,059 | 0.0% |
| iShares TRESG AWR MSCI USA | ESG AWR MSCI USA | $2,275,831 | 0.0% |
| iShares TRESG OPTIMIZED | ESG OPTIMIZED | $1,528,033 | 0.0% |
| iShares TRESG AW MSCI EAFE | ESG AW MSCI EAFE | $1,371,485 | 0.0% |
| Dbx ETF TRXTRACKRS S&P 500 | XTRACKRS S&P 500 | $636,611 | 0.0% |
| Vanguard Intl Equity Index FFTSE SMCAP ETF | FTSE SMCAP ETF | $427,075 | 0.0% |
| iShares TRUS AER DEF ETF | US AER DEF ETF | $242,420 | 0.0% |
| SPDR Series TrustST STR P500ETF | ST STR P500ETF | $121,890 | 0.0% |
| Vanguard Star FdsVG TL INTL STK F | VG TL INTL STK F | $64,887 | 0.0% |
| iShares TRCORE US AGGBD ET | CORE US AGGBD ET | $35,831 | 0.0% |
Vanguard Index FdsS&P 500 ETF SHS$646,902,905
- Class
- S&P 500 ETF SHS
- Share
- 12.1%
Vanguard Scottsdale FdsINT-TERM CORP$613,189,442
- Class
- INT-TERM CORP
- Share
- 11.4%
Vanguard Scottsdale FdsINTER TERM TREAS$499,904,571
- Class
- INTER TERM TREAS
- Share
- 9.3%
Vanguard Scottsdale FdsSHRT TRM CORP BD$494,278,673
- Class
- SHRT TRM CORP BD
- Share
- 9.2%
Vanguard Scottsdale FdsLONG TERM TREAS$488,942,034
- Class
- LONG TERM TREAS
- Share
- 9.1%
Vanguard Scottsdale FdsTOTAL CORP BND$379,656,115
- Class
- TOTAL CORP BND
- Share
- 7.1%
Vanguard Tax-managed FdsVAN FTSE DEV MKT$306,303,394
- Class
- VAN FTSE DEV MKT
- Share
- 5.7%
Schwab Strategic TRUS TIPS ETF$220,526,031
- Class
- US TIPS ETF
- Share
- 4.1%
iShares TRBROAD USD HIGH$193,644,549
- Class
- BROAD USD HIGH
- Share
- 3.6%
Vanguard Intl Equity Index FFTSE EMR MKT ETF$180,109,501
- Class
- FTSE EMR MKT ETF
- Share
- 3.4%
Vanguard Malvern FdsCORE BD ETF$177,573,424
- Class
- CORE BD ETF
- Share
- 3.3%
Vanguard Index FdsEXTEND MKT ETF$148,978,716
- Class
- EXTEND MKT ETF
- Share
- 2.8%
Vanguard Index FdsVALUE ETF$141,282,493
- Class
- VALUE ETF
- Share
- 2.6%
Vanguard Intl Equity Index FTT WRLD ST ETF$125,671,905
- Class
- TT WRLD ST ETF
- Share
- 2.3%
Vanguard Scottsdale FdsSHORT TERM TREAS$116,010,002
- Class
- SHORT TERM TREAS
- Share
- 2.2%
iShares TR0-5YR HI YL CP$111,635,122
- Class
- 0-5YR HI YL CP
- Share
- 2.1%
iShares TRGLOBAL REIT ETF$57,450,042
- Class
- GLOBAL REIT ETF
- Share
- 1.1%
World Gold TRSPDR GLD MINIS$52,742,822
- Class
- SPDR GLD MINIS
- Share
- 1.0%
iShares TRGLB INFRASTR ETF$52,059,422
- Class
- GLB INFRASTR ETF
- Share
- 1.0%
Abrdn ETFSBBRG ALL COMD K1$51,570,505
- Class
- BBRG ALL COMD K1
- Share
- 1.0%
SPDR Index Shs FdsST STR NAT ETF$49,252,746
- Class
- ST STR NAT ETF
- Share
- 0.9%
SPDR Series TrustST STR CORPO ETF$48,471,361
- Class
- ST STR CORPO ETF
- Share
- 0.9%
State Str SPDR S&P 500 ETF TTR UNIT$24,828,609
- Class
- TR UNIT
- Share
- 0.5%
iShares TRCORE MSCI EAFE$24,452,897
- Class
- CORE MSCI EAFE
- Share
- 0.5%
iShares TRRUSSELL 3000 ETF$19,627,618
- Class
- RUSSELL 3000 ETF
- Share
- 0.4%
SPDR Series TrustST PORT HIGH ETF$17,595,377
- Class
- ST PORT HIGH ETF
- Share
- 0.3%
iShares Inc.CORE MSCI EMKT$15,208,513
- Class
- CORE MSCI EMKT
- Share
- 0.3%
iShares TRRUSSELL 2000 ETF$13,687,601
- Class
- RUSSELL 2000 ETF
- Share
- 0.3%
EA Series TrustJLEN 500 JEW ETF$12,750,713
- Class
- JLEN 500 JEW ETF
- Share
- 0.2%
iShares TRMSCI EAFE ETF$11,270,253
- Class
- MSCI EAFE ETF
- Share
- 0.2%
iShares TRCORE S&P500 ETF$10,419,307
- Class
- CORE S&P500 ETF
- Share
- 0.2%
iShares TRHDG MSCI EAFE$9,581,006
- Class
- HDG MSCI EAFE
- Share
- 0.2%
iShares TRESG AWR US AGRGT$6,196,108
- Class
- ESG AWR US AGRGT
- Share
- 0.1%
iShares TRCORE S&P MCP ETF$5,842,085
- Class
- CORE S&P MCP ETF
- Share
- 0.1%
iShares TRCORE S&P SCP ETF$5,025,633
- Class
- CORE S&P SCP ETF
- Share
- 0.1%
iShares Inc.MSCI ISRAEL ETF$4,410,019
- Class
- MSCI ISRAEL ETF
- Share
- 0.1%
iShares TRCORE S&P TTL STK$4,119,235
- Class
- CORE S&P TTL STK
- Share
- 0.1%
Vanguard Malvern FdsSTRM INFPROIDX$3,293,280
- Class
- STRM INFPROIDX
- Share
- 0.1%
SPDR Index Shs FdsST STR MSCI EAFE$2,882,495
- Class
- ST STR MSCI EAFE
- Share
- 0.1%
iShares TRMSCI EMG MKT ETF$2,471,722
- Class
- MSCI EMG MKT ETF
- Share
- 0.0%
iShares TRU.S. REAL ES ETF$2,293,059
- Class
- U.S. REAL ES ETF
- Share
- 0.0%
iShares TRESG AWR MSCI USA$2,275,831
- Class
- ESG AWR MSCI USA
- Share
- 0.0%
iShares TRESG OPTIMIZED$1,528,033
- Class
- ESG OPTIMIZED
- Share
- 0.0%
iShares TRESG AW MSCI EAFE$1,371,485
- Class
- ESG AW MSCI EAFE
- Share
- 0.0%
Dbx ETF TRXTRACKRS S&P 500$636,611
- Class
- XTRACKRS S&P 500
- Share
- 0.0%
Vanguard Intl Equity Index FFTSE SMCAP ETF$427,075
- Class
- FTSE SMCAP ETF
- Share
- 0.0%
iShares TRUS AER DEF ETF$242,420
- Class
- US AER DEF ETF
- Share
- 0.0%
SPDR Series TrustST STR P500ETF$121,890
- Class
- ST STR P500ETF
- Share
- 0.0%
Vanguard Star FdsVG TL INTL STK F$64,887
- Class
- VG TL INTL STK F
- Share
- 0.0%
iShares TRCORE US AGGBD ET$35,831
- Class
- CORE US AGGBD ET
- Share
- 0.0%
The share class is shown on a wider screen.
The 50 largest of 53 positions by value, with holdings of the same security combined. The 53 largest are in this firm's machine-readable record. Share counts and quarter-on-quarter changes for each position are on EDGAR. View the full information table on EDGAR
This filing
- Form
- 13F-HR
- CIK
- 1424799
- File number
- 028-23980
- Options
- 0 call, 0 put
- In the 25 largest
- 97.5%
- Prior quarter
- $5,023,512,076 at 31 March 2026
- Positions opened
- 2
- Positions closed
- 0
Common questions
What are Nepc’s 13F holdings worth?
$5,358,884,459 across 53 positions for the quarter ended 30 June 2026.
What is Nepc’s largest 13F holding?
VANGUARD INDEX FDS (S&P 500 ETF SHS) was the largest position at $646,902,905, or 12.1% of reported 13F value, as of 30 June 2026.
How concentrated is Nepc’s 13F portfolio?
The ten largest positions accounted for 75.1% of reported value and the twenty-five largest for 97.5%, across 53 positions as of 30 June 2026.
Does Form 13F show everything Nepc manages?
No. Form 13F covers only long positions in exchange-traded securities over which the manager has investment discretion, valued at quarter end. It excludes cash, most bonds, private funds, and any assets the firm does not have discretion over, so it is neither the firm's total assets nor any individual client's portfolio.
How often does Nepc file its 13F?
Every quarter. Managers file within 45 days of each quarter's end, so the figures are a snapshot that changes between filings. This page shows the quarter ended 30 June 2026.
Answered from this filing and the prior quarter's.