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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 8 of 10  ·  196 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
141 VOE VANGUARD INDEX FDS 2,243.0 $411K 0.03% +197.0 +9.6% $183.30 +6.0%
142 QCOM QUALCOMM INC Technology 2,414.0 $409K 0.03% +295.0 +13.9% $169.27 +40.7%
143 CB CHUBB LIMITED Financial Services 1,332.0 $408K 0.03% +63.0 +5.0% $306.64 +6.9%
144 CRWD CROWDSTRIKE HLDGS INC Technology 853.0 $398K 0.03% +5.0 +0.6% $466.99 +42.1%
145 AEP AMERICAN ELEC PWR CO INC Utilities 3,348.0 $390K 0.03% +294.0 +9.6% $116.56 +12.9%
146 XLU SELECT SECTOR SPDR TR 8,972.0 $382K 0.03% +5K +131.2% $42.58 +6.5%
147 EEM ISHARES TR 6,516.0 $378K 0.03% +184.0 +2.9% $57.94 +13.7%
148 BSX BOSTON SCIENTIFIC CORP Healthcare 3,932.0 $376K 0.03% +966.0 +32.6% $95.72 -39.6%
149 PCAR PACCAR INC Industrials 3,171.0 $376K 0.03% +74.0 +2.4% $118.46 -7.7%
150 AOR ISHARES TR 5,458.0 $361K 0.02% +32.0 +0.6% $66.20 +3.9%
151 ICSH ISHARES TR 7,130.0 $361K 0.02% +1K +20.5% $50.62 -0.1%
152 ACGL ARCH CAP GROUP LTD Financial Services 3,855.0 $359K 0.02% +874.0 +29.3% $93.24 +3.3%
153 JEPI J P MORGAN EXCHANGE TRADED F 6,124.0 $357K 0.02% +382.0 +6.7% $58.30 -3.4%
154 CVNA CARVANA CO Consumer Cyclical 751.0 $349K 0.02% +107.0 +16.6% $464.52 -85.3%
155 JKHY HENRY JACK & ASSOC INC Technology 1,831.0 $348K 0.02% +26.0 +1.4% $190.27 -26.3%
156 UPS UNITED PARCEL SERVICE INC Industrials 3,201.0 $346K 0.02% +159.0 +5.2% $108.03 -6.5%
157 VGT VANGUARD WORLD FD 449.0 $344K 0.02% +9.0 +2.0% $765.56 -84.9%
158 LNT ALLIANT ENERGY CORP Utilities 5,259.0 $343K 0.02% +84.0 +1.6% $65.17 +13.5%
159 PLUS EPLUS INC Technology 3,800.0 $337K 0.02% +464.0 +13.9% $88.56 -3.6%
160 ANET ARISTA NETWORKS INC Technology 2,675.0 $330K 0.02% +1K +70.4% $123.42 +24.8%
Page 8 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%