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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 17 of 22  ·  421 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
321 ARES ARES MANAGEMENT CORPORATION Financial Services 1,766.0 $308K 0.02% -76.0 -4.1% $174.30 -28.6%
322 LHX L3HARRIS TECHNOLOGIES INC Industrials 898.0 $306K 0.02% NEW $340.68 -8.4%
323 SNOW SNOWFLAKE INC Technology 1,381.0 $304K 0.02% +313.0 +29.3% $220.28 -21.8%
324 SPOT SPOTIFY TECHNOLOGY S A Communication Services 571.0 $303K 0.02% -4.0 -0.7% $530.00 -1.9%
325 D DOMINION ENERGY INC Utilities 5,169.0 $302K 0.02% +455.0 +9.7% $58.39 +15.9%
326 AVY AVERY DENNISON CORP Industrials 1,604.0 $302K 0.02% -77.0 -4.6% $187.97 -15.1%
327 FAST FASTENAL CO Industrials 7,177.0 $299K 0.02% -282.0 -3.8% $41.70 +5.4%
328 AOK ISHARES TR 7,260.0 $295K 0.02% $40.65 +1.3%
329 EPAM EPAM SYS INC Technology 1,390.0 $294K 0.02% -1K -43.5% $211.82 -51.5%
330 RWO SPDR INDEX SHS FDS 6,402.0 $294K 0.02% -1K -18.4% $45.96 +7.7%
331 TGT TARGET CORP Consumer Defensive 2,757.0 $293K 0.02% NEW $106.14 +18.3%
332 STE STERIS PLC Healthcare 1,122.0 $293K 0.02% +188.0 +20.1% $260.77 -16.9%
333 AMCOR PLC 33,925.0 $292K 0.02% -6K -14.3% $8.61
334 VRSK VERISK ANALYTICS INC Industrials 1,293.0 $291K 0.02% -84.0 -6.1% $224.82 -23.9%
335 RJF RAYMOND JAMES FINL INC Financial Services 1,687.0 $288K 0.02% +32.0 +1.9% $170.89 -11.4%
336 LAD LITHIA MTRS INC Consumer Cyclical 867.0 $287K 0.02% +160.0 +22.6% $331.17 -16.5%
337 TBUX T ROWE PRICE ETF INC 5,718.0 $285K 0.02% NEW $49.88 +0.1%
338 MUSA MURPHY USA INC Consumer Cyclical 646.0 $285K 0.02% +66.0 +11.4% $441.33 +23.0%
339 BR BROADRIDGE FINL SOLUTIONS IN Technology 1,262.0 $281K 0.02% +286.0 +29.3% $223.02 -32.5%
340 HII HUNTINGTON INGALLS INDS INC Industrials 702.0 $280K 0.02% -123.0 -14.9% $398.25 -19.5%
Page 17 of 22  ·  421 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%