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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 4 of 8  ·  149 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
61 MAS MASCO CORP Industrials 9,254.0 $644K 0.04% -1K -10.8% $69.55 -3.3%
62 RGEN REPLIGEN CORP Healthcare 3,770.0 $635K 0.04% -1K -27.2% $168.40 -31.7%
63 TXN TEXAS INSTRS INC Technology 3,333.0 $630K 0.04% -390.0 -10.5% $189.09 +63.5%
64 AGG ISHARES TR 6,148.0 $615K 0.04% -7K -52.8% $100.11 -1.7%
65 IGF ISHARES TR 9,908.0 $613K 0.04% -61K -86.0% $61.85 +9.0%
66 RYAN RYAN SPECIALTY HOLDINGS INC Financial Services 11,911.0 $604K 0.04% -401.0 -3.3% $50.75 -35.6%
67 UBER UBER TECHNOLOGIES INC Technology 6,973.0 $590K 0.04% -2K -18.4% $84.67 -15.2%
68 SHM SPDR SERIES TRUST 12,074.0 $581K 0.04% -3K -18.8% $48.15 -0.9%
69 ADBE ADOBE INC Technology 1,715.0 $562K 0.04% -274.0 -13.8% $327.65 -25.3%
70 AMGN AMGEN INC Healthcare 1,699.0 $553K 0.04% -114.0 -6.3% $325.62 +4.2%
71 DSGX DESCARTES SYS GROUP INC Technology 6,094.0 $540K 0.04% -813.0 -11.8% $88.62 -19.6%
72 FERG FERGUSON ENTERPRISES INC Industrials 2,195.0 $530K 0.04% -350.0 -13.8% $241.53 -7.5%
73 SCHD SCHWAB STRATEGIC TR 18,544.0 $529K 0.04% -361.0 -1.9% $28.50 +15.2%
74 IJH ISHARES TR 7,529.0 $521K 0.04% -5K -38.8% $69.22 +6.2%
75 FIS FIDELITY NATL INFORMATION SV Technology 7,848.0 $520K 0.04% -2K -16.7% $66.24 -34.2%
76 CSX CSX CORP Industrials 14,673.0 $517K 0.04% -1K -8.3% $35.22 +29.2%
77 KNSL KINSALE CAP GROUP INC Financial Services 1,288.0 $503K 0.03% -294.0 -18.6% $390.33 -20.5%
78 IEMG ISHARES INC 7,031.0 $499K 0.03% -7K -48.2% $70.96 +13.5%
79 CPRT COPART INC Industrials 12,050.0 $481K 0.03% -7K -38.3% $39.92 -15.4%
80 APD AIR PRODS & CHEMS INC Basic Materials 1,729.0 $462K 0.03% -546.0 -24.0% $267.04 +8.4%
Page 4 of 8  ·  149 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%