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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 6 of 8  ·  149 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
101 BJ BJS WHSL CLUB HLDGS INC Consumer Defensive 3,872.0 $356K 0.02% -460.0 -10.6% $91.94 -5.8%
102 TECH BIO-TECHNE CORP Healthcare 5,260.0 $350K 0.02% -2K -31.8% $66.56 -27.6%
103 DOV DOVER CORP Industrials 1,721.0 $350K 0.02% -17.0 -1.0% $203.44 +3.2%
104 ETY EATON VANCE TAX-MANAGED DIVE Financial Services 22,045.0 $342K 0.02% -952.0 -4.1% $15.51 -4.8%
105 VBR VANGUARD INDEX FDS 1,535.0 $340K 0.02% -138.0 -8.2% $221.79 +4.9%
106 CSGP COSTAR GROUP INC Real Estate 5,693.0 $338K 0.02% -4K -41.0% $59.30 -42.7%
107 NOVT NOVANTA INC Technology 2,600.0 $335K 0.02% -1K -35.7% $128.96 +23.8%
108 CI THE CIGNA GROUP Healthcare 1,209.0 $334K 0.02% -89.0 -6.9% $276.02 +3.7%
109 STX SEAGATE TECHNOLOGY HLDNGS PL Technology 1,029.0 $331K 0.02% -209.0 -16.9% $321.48 +152.8%
110 FDX FEDEX CORP Industrials 1,058.0 $330K 0.02% -13.0 -1.2% $311.83 +26.4%
111 VRTX VERTEX PHARMACEUTICALS INC Healthcare 711.0 $327K 0.02% -124.0 -14.8% $460.59 -5.7%
112 POOL POOL CORP Industrials 1,191.0 $308K 0.02% -875.0 -42.4% $258.50 -28.6%
113 ARES ARES MANAGEMENT CORPORATION Financial Services 1,766.0 $308K 0.02% -76.0 -4.1% $174.30 -28.6%
114 SPOT SPOTIFY TECHNOLOGY S A Communication Services 571.0 $303K 0.02% -4.0 -0.7% $530.00 -1.9%
115 AVY AVERY DENNISON CORP Industrials 1,604.0 $302K 0.02% -77.0 -4.6% $187.97 -15.1%
116 FAST FASTENAL CO Industrials 7,177.0 $299K 0.02% -282.0 -3.8% $41.70 +5.4%
117 EPAM EPAM SYS INC Technology 1,390.0 $294K 0.02% -1K -43.5% $211.82 -51.5%
118 RWO SPDR INDEX SHS FDS 6,402.0 $294K 0.02% -1K -18.4% $45.96 +7.7%
119 AMCOR PLC 33,925.0 $292K 0.02% -6K -14.3% $8.61
120 VRSK VERISK ANALYTICS INC Industrials 1,293.0 $291K 0.02% -84.0 -6.1% $224.82 -23.9%
Page 6 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%