Ownership history in Next Capital Management LLC Β· 17 quarters on record
This page tracks every 13F SEC filing in which Next Capital Management LLC reported a position in BlackRock TCP Capital Co (TCPC). Data includes quarterly share count, position size as % of portfolio, estimated market value, and end-of-quarter stock price β sourced directly from SEC EDGAR 13F filings.
π Next Capital Management LLC underperformed the S&P 500 by β17.5% annually on this TCPC position. Timing score: 57% (4/7 decisions correct). Average cost basis: $6.09. Maximum drawdown during holding period: β35.4%.
β Significantly underperformed the S&P 500 by 17.5% ann.
16 quarters analyzed
β
Decent timing β more right than wrong on entries and exits.
4 of 7 add/trim decisions correct
Best entry: $5.21 (2025 Q4) Β· Worst: $7.99 (2022 Q1)
πͺ Held through 1 major drawdown (>20%). Strong conviction under pressure.
7 adds Β· 1 trim. Bought during 4 of 9 down-price quarters. π Consistently bullish β fund kept accumulating this position.
π Next Capital Management LLC has been actively increasing its TCPC allocation β a bullish signal from insiders.
Currently 4.7% of portfolio
β Based on quarterly 13F SEC filings and end-of-quarter closing prices. Timing score = accuracy of add/trim decisions vs next-quarter price direction. Alpha = mean quarterly excess return Γ 4 (annualised). Not investment advice.
As of 2025 Q4 β sorted by position size