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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 21 of 22  ·  421 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
401 ICLR ICON PLC Healthcare 1,161.0 $209K 0.01% NEW $180.15 -35.2%
402 WEX WEX INC Technology 1,293.0 $208K 0.01% -69.0 -5.1% $160.83 -6.4%
403 GWX SPDR INDEX SHS FDS 4,910.0 $208K 0.01% NEW $42.29 +9.2%
404 XLK SELECT SECTOR SPDR TR 1,402.0 $206K 0.01% +167.0 +13.5% $146.79 +22.9%
405 TROW PRICE T ROWE GROUP INC Financial Services 1,922.0 $205K 0.01% +22.0 +1.2% $106.83 -3.2%
406 BSV VANGUARD BD INDEX FDS 2,599.0 $205K 0.01% $78.78 -1.2%
407 SPGI S&P GLOBAL INC Financial Services 375.0 $204K 0.01% NEW $544.48 -23.3%
408 VTR VENTAS INC Real Estate 2,673.0 $202K 0.01% NEW $75.69 +16.5%
409 PR PERMIAN RESOURCES CORP Energy 13,723.0 $192K 0.01% +240.0 +1.8% $14.01 +45.9%
410 WNC WABASH NATL CORP Industrials 15,334.0 $165K 0.01% +135.0 +0.9% $10.73 -27.6%
411 AGNC AGNC INVT CORP Real Estate 14,348.0 $163K 0.01% $11.38 -10.3%
412 CLF CLEVELAND-CLIFFS INC NEW Basic Materials 10,937.0 $141K 0.01% -3K -20.5% $12.91 -13.0%
413 CERT CERTARA INC Healthcare 13,092.0 $123K 0.01% -18K -57.2% $9.39 -44.2%
414 NOK NOKIA CORP Technology 15,510.0 $102K 0.01% $6.58 +135.1%
415 LYG LLOYDS BANKING GROUP PLC Financial Services 12,659.0 $69K 0.01% NEW $5.47 -2.0%
416 GTN GRAY MEDIA INC Communication Services 14,955.0 $65K 0.00% +244.0 +1.7% $4.34 -6.2%
417 INV INNVENTURE INC Financial Services 14,311.0 $62K 0.00% -1K -7.3% $4.34 +53.0%
418 AMBP ARDAGH METAL PACKAGING S A Consumer Cyclical 10,000.0 $43K 0.00% $4.28 -5.6%
419 AKBA AKEBIA THERAPEUTICS INC Healthcare 20,000.0 $28K 0.00% $1.40 -27.1%
420 ALIT ALIGHT INC Technology 16,269.0 $27K 0.00% +4K +30.1% $1.66 -50.7%
Page 21 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%