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Asset Manager ← All Institutions

NICHOLAS COMPANY, INC.

411 E. WISCONSIN AVE. SUITE 2100, MILWAUKEE, WI 53202 • 414-272-4650

Q4 2025 · Filed 2026-02-04
Market Value
$5.5B
-3.4%
Holdings
216
-3
New Purchases
6
Added To
71
Closed
16
Reduced
73
Top 10 Concentration
27.1%
Turnover
10.2%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
ETN 0.90% 0.00% +0.90% $50M
GOOG 4.51% 3.91% +0.60% $250M
KO 1.37% 0.85% +0.52% $76M
AAPL 3.09% 2.60% +0.49% $172M
WCN 1.42% 1.04% +0.38% $79M
JCI 0.91% 0.57% +0.34% $51M
TMO 1.67% 1.35% +0.32% $93M
AMZN 3.63% 3.34% +0.30% $202M
LLY 1.50% 1.31% +0.19% $83M
CRM 1.30% 1.12% +0.18% $72M
SPGI 1.56% 1.40% +0.16% $87M
MCD 1.10% 0.95% +0.15% $61M
SBUX 1.11% 0.97% +0.15% $62M
META 1.42% 1.28% +0.14% $79M
NVDA 3.89% 3.76% +0.13% $216M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
FI 0.00% 1.19% -1.19% $0
CMG 0.23% 0.98% -0.74% $13M
KVUE 0.00% 0.74% -0.74% $0
ZS 1.07% 1.37% -0.31% $59M
SNOW 0.97% 1.24% -0.27% $54M
ORLY 1.58% 1.84% -0.26% $88M
FAST 1.01% 1.24% -0.22% $56M
HD 1.49% 1.69% -0.20% $82M
MNDY 0.00% 0.20% -0.20% $0
ORCL 0.00% 0.19% -0.19% $0
UL 0.00% 0.14% -0.14% $0
MSFT 3.86% 3.99% -0.13% $214M
VMC 1.35% 1.48% -0.13% $75M
MORN 0.10% 0.23% -0.13% $6M
SWKS 0.02% 0.14% -0.12% $1M

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Technology 31.7%
Consumer Cyclical 14.4%
Healthcare 14.1%
Industrials 13.7%
Financial Services 10.0%

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 29 $2.1B 37.6%
Large Cap 122 $3.0B 54.2%
Mid Cap 42 $337M 6.1%
Small Cap 23 $118M 2.1%

Portfolio Analytics

Avg Market Cap
$191.5B
Median Market Cap
$22.8B
Avg P/E
41.0
Median P/E
27.6
Avg Dividend Yield
0.01%
Avg Beta
0.96
# Stocks
216
# ETFs / Funds
0

Top Holdings (216 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 GOOG 4.51% 797,510 $250M $313.80 $26M -124,760 -13.5%
2 NVDA 3.89% 1,158,250 $216M $186.50 -$93K
3 MSFT 3.86% 442,427 $214M $483.62 -$15M
4 AMZN 3.63% 873,554 $202M $230.82 $10M
5 AAPL 3.09% 631,495 $172M $271.86 $22M +44,890 +7.7%
6 TJX 1.82% 656,830 $101M $153.61 -$6M -85,670 -11.5%
7 TMO 1.67% 159,968 $93M $579.45 $15M
8 ORLY 1.58% 960,870 $88M $91.21 -$18M -20,905 -2.1%
9 SPGI 1.56% 165,540 $87M $522.59 $6M
10 LLY 1.50% 77,329 $83M $1,074.68 $8M -21,185 -21.5%
11 HD 1.49% 239,708 $82M $344.10 -$15M -15 -0.0%
12 JPM 1.44% 248,590 $80M $322.22 $2M
13 META 1.42% 119,410 $79M $660.09 $5M +19,370 +19.4%
14 WCN 1.42% 449,112 $79M $175.36 $19M +109,950 +32.4%
15 COST 1.37% 88,276 $76M $862.34 -$6M
16 KO 1.37% 1,085,610 $76M $69.91 $27M +348,580 +47.3%
17 VMC 1.35% 262,305 $75M $285.22 -$10M -13,660 -5.0%
18 SNY 1.31% 1,500,255 $73M $48.46 $2M -110 -0.0%
19 CRM 1.30% 271,530 $72M $264.91 $8M
20 ICE 1.28% 437,155 $71M $161.96 $4M +40,240 +10.1%
21 MA 1.24% 120,850 $69M $570.88 $244K -10 -0.0%
22 V 1.24% 196,055 $69M $350.71 $2M
23 SHW 1.19% 203,220 $66M $324.03 -$5M
24 NOW 1.18% 426,015 $65M $153.19 $3M +358,675 +532.6%
25 AON 1.15% 181,402 $64M $352.88 -$680K -25 -0.0%
26 AMD 1.15% 297,845 $64M $214.16 -$9M -150,870 -33.6%
27 SNPS 1.15% 135,317 $64M $469.72 $1M +8,615 +6.8%
28 SBUX 1.11% 733,950 $62M $84.21 $6M +77,305 +11.8%
29 ADBE 1.10% 174,626 $61M $349.99 $4M +12,400 +7.6%
30 MCD 1.10% 199,475 $61M $305.63 $7M +20,565 +11.5%
31 WDAY 1.09% 282,015 $61M $214.78 -$7M -15 -0.0%
32 BSX 1.08% 627,158 $60M $95.35 -$1M
33 ZS 1.07% 262,697 $59M $224.92 -$20M -40 -0.0%
34 SYK 1.04% 164,677 $58M $351.47 -$3M
35 TXN 1.04% 332,129 $58M $173.49 -$1M +10,895 +3.4%
36 NFLX 1.02% 606,275 $57M $93.76 $1M +559,745 +1203.0%
37 FAST 1.01% 1,401,810 $56M $40.13 -$15M -48,880 -3.4%
38 LRCX 0.99% 321,092 $55M $171.18 -$4M -121,448 -27.4%
39 ALC 0.98% 688,610 $54M $78.81 $5M +28,500 +4.3%
40 KLAC 0.97% 44,490 $54M $1,215.08 -$1M -6,645 -13.0%
41 SNOW 0.97% 245,189 $54M $219.36 -$17M -69,405 -22.1%
42 JCI 0.91% 421,735 $51M $119.75 $18M +124,100 +41.7%
43 ETN 0.90% 156,225 $50M $318.51 +156,225 NEW
44 TEAM 0.90% 306,819 $50M $162.14 $5M +24,490 +8.7%
45 FTV 0.89% 894,425 $49M $55.21 $6M -65 -0.0%
46 CTAS 0.88% 260,491 $49M $188.07 -$4M -35 -0.0%
47 CARR 0.88% 922,625 $49M $52.84 -$6M
48 ITW 0.78% 175,415 $43M $246.30 -$3M
49 CDNS 0.77% 136,146 $43M $312.58 -$5M
50 PANW 0.74% 223,650 $41M $184.20 -$4M
51 TTD 0.70% 1,016,743 $39M $37.96 -$5M +127,049 +14.3%
52 ROP 0.64% 80,375 $36M $445.13 -$4M
53 GMED 0.48% 307,721 $27M $87.31 $6M -52,370 -14.5%
54 LSCC 0.48% 359,503 $26M $73.58 -$2M -27,405 -7.1%
55 AOS 0.47% 390,718 $26M $66.88 -$3M -45 -0.0%
56 MCHP 0.46% 403,707 $26M $63.72 $281K +7,525 +1.9%
57 RJF 0.45% 154,765 $25M $160.59 -$2M -40 -0.0%
58 IEX 0.43% 132,533 $24M $177.94 $2M -30 -0.0%
59 CBRE 0.42% 146,345 $24M $160.79 -$490K -6,110 -4.0%
60 TECH 0.41% 390,794 $23M $58.81 $3M +23,785 +6.5%
61 NDSN 0.41% 94,125 $23M $240.43 $1M +15 +0.0%
62 TDY 0.41% 44,204 $23M $510.73 -$3M -15 -0.0%
63 AME 0.40% 109,288 $22M $205.31 $933K -5,100 -4.5%
64 ULTA 0.40% 36,275 $22M $605.01 $2M -910 -2.5%
65 PCTY 0.39% 143,528 $22M $152.50 -$980K -50 -0.0%
66 TRU 0.39% 255,088 $22M $85.75 $496K -80 -0.0%
67 MTD 0.38% 15,149 $21M $1,394.19 $3M +10 +0.1%
68 STE 0.36% 77,975 $20M $253.52 $2M +4,240 +5.8%
69 PTC 0.35% 112,099 $20M $174.21 -$5M -8,326 -6.9%
70 DT 0.35% 443,613 $19M $43.34 -$2M -140 -0.0%
71 LHX 0.33% 61,905 $18M $293.57 -$2M -3,385 -5.2%
72 IQV 0.33% 80,386 $18M $225.41 $4M +4,655 +6.2%
73 VRSK 0.32% 79,305 $18M $223.69 -$965K +4,935 +6.6%
74 MDB 0.32% 41,925 $18M $419.69 $5M -10 -0.0%
75 WING 0.32% 73,537 $18M $238.49 -$967K +10 +0.0%
76 BJ 0.31% 192,994 $17M $90.03 -$2M -10,895 -5.3%
77 BR 0.31% 76,434 $17M $223.17 -$2M -5,075 -6.2%
78 ATR 0.31% 139,825 $17M $121.96 -$2M -5
79 WAB 0.30% 78,038 $17M $213.45 -$868K -9,385 -10.7%
80 SCI 0.30% 210,070 $16M $77.97 -$2M -11,460 -5.2%
81 ESTC 0.27% 201,771 $15M $75.44 -$2M -75 -0.0%
82 VEEV 0.27% 67,650 $15M $223.23 -$6M -2,635 -3.8%
83 STVN 0.27% 745,204 $15M $20.12 -$4M -160 -0.0%
84 ODFL 0.27% 95,550 $15M $156.80 $2M -35 -0.0%
85 BURL 0.26% 50,605 $15M $288.85 $3M +3,980 +8.5%
86 RMD 0.26% 60,360 $15M $240.87 -$3M -4,005 -6.2%
87 CSGP 0.26% 214,249 $14M $67.24 -$4M -65 -0.0%
88 PKI 0.25% 143,330 $14M $96.75 $2M +10,730 +8.1%
89 DPZ 0.25% 33,255 $14M $416.82 -$499K -10 -0.0%
90 OKTA 0.25% 160,038 $14M $86.47 -$2M -12,350 -7.2%
91 CDW 0.24% 99,375 $14M $136.20 -$2M -30 -0.0%
92 FICO 0.24% 7,829 $13M $1,690.62 $2M
93 CMG 0.23% 351,690 $13M $37.00 -$43M -1,081,680 -75.5%
94 SN 0.23% 116,041 $13M $111.90 $4M +26,962 +30.3%
95 0I3I.L 0.23% 157,815 $13M $81.96 $1M -13,175 -7.7%
96 HOLX 0.23% 168,385 $13M $74.49 $1M -60 -0.0%
97 CVX 0.22% 80,020 $12M $152.41 -$230K
98 HLT 0.21% 39,970 $11M $287.25 $1M -15 -0.0%
99 SCHW 0.21% 114,467 $11M $99.91 $508K
100 FOUR 0.20% 180,550 $11M $62.97 -$3M +50 +0.0%

New Positions

SymbolValue% Port
ETN $50M 0.90%
RYAN $6M 0.11%
LNT $6M 0.10%
AMGN $5M 0.10%
SYY $2M 0.04%
MICC $1K —%

Sold Out Positions

SymbolValue% Port
OC —%
ARE —%
DD —%
KVUE —%
UL —%
JEF —%
WSO —%
LW —%
MNDY —%
CMCSA —%
OMCL —%
FIX —%
JJSF —%
RPAY —%
ORCL —%
View SEC EDGAR Filings for NICHOLAS COMPANY, INC. →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms