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Portfolio (Quarterly) Guide ↗

NICOLET ADVISORY SERVICES, LLC

· CIK 0001775863
13F Portfolio $1.5B AUM 421 positions Filed Feb 13, 2026 EDGAR ↗ ← All Funds
Q4 2025 Q3 2025 · All 35 New 196 Added 149 Reduced 29 Exited
Page 5 of 10  ·  196 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
81 AXON AXON ENTERPRISE INC Industrials 1,637.0 $1.0M 0.07% +50.0 +3.1% $631.73 -38.9%
82 EFA ISHARES TR 10,154.0 $1.0M 0.07% +864.0 +9.3% $99.41 +4.6%
83 BMY BRISTOL-MYERS SQUIBB CO Healthcare 18,088.0 $1.0M 0.07% +3K +19.1% $55.77 +6.6%
84 COP CONOCOPHILLIPS Energy 10,352.0 $989K 0.07% +95.0 +0.9% $95.50 +26.1%
85 KKR KKR & CO INC Financial Services 7,180.0 $962K 0.07% +2K +42.3% $133.97 -29.8%
86 YUM YUM BRANDS INC Consumer Cyclical 5,999.0 $941K 0.06% +3K +77.8% $156.91 -1.7%
87 NOW SERVICENOW INC Technology 6,582.0 $939K 0.06% +5K +350.2% $142.64 -28.4%
88 IWB ISHARES TR 2,450.0 $934K 0.06% +1K +91.1% $381.19 +6.7%
89 FCX FREEPORT-MCMORAN INC Basic Materials 15,461.0 $908K 0.06% +5K +53.6% $58.71 +5.6%
90 BDX BECTON DICKINSON & CO Healthcare 4,455.0 $903K 0.06% +529.0 +13.5% $202.72 -27.2%
91 SLV ISHARES SILVER TR Financial Services 11,571.0 $894K 0.06% +2K +21.0% $77.23 -11.5%
92 XEL XCEL ENERGY INC Utilities 12,044.0 $891K 0.06% +2K +19.6% $74.00 +9.6%
93 PFF ISHARES TR 28,164.0 $891K 0.06% +369.0 +1.3% $31.62 -1.2%
94 APH AMPHENOL CORP NEW Technology 6,130.0 $890K 0.06% +1K +22.3% $145.11 -9.0%
95 ACN ACCENTURE PLC IRELAND Technology 3,102.0 $871K 0.06% +624.0 +25.2% $280.91 -36.2%
96 MDT MEDTRONIC PLC Healthcare 8,912.0 $864K 0.06% +5K +142.9% $96.95 -18.9%
97 GS GOLDMAN SACHS GROUP INC Financial Services 876.0 $832K 0.06% +351.0 +66.9% $949.63 +5.0%
98 QQQ INVESCO QQQ TR Financial Services 1,325.0 $831K 0.06% +273.0 +25.9% $626.96 +14.4%
99 VV VANGUARD INDEX FDS 2,551.0 $818K 0.06% +165.0 +6.9% $320.62 +7.0%
100 VXUS VANGUARD STAR FDS 10,088.0 $792K 0.05% +2K +32.6% $78.55 +7.5%
Page 5 of 10  ·  196 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 29.9%
Financial Services 18.4%
Industrials 10.2%
Consumer Defensive 10.1%
Consumer Cyclical 8.8%
Communication Services 7.9%
Healthcare 6.7%
Utilities 4.0%
Energy 2.7%
Basic Materials 0.8%