— Know what they know.
Not Investment Advice
Asset Manager ← All Institutions

NICOLET ADVISORY SERVICES, LLC

Q4 2025 · Filed 2026-02-13
Market Value
$1.5B
+15.9%
Holdings
444
-5
New Purchases
34
Added To
210
Closed
25
Reduced
155
Top 10 Concentration
49.4%
Turnover
13.3%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
SPLG 19.90% 0.20% +19.70% $295M
AVEM 4.12% 2.90% +1.22% $61M
VEA 3.15% 2.67% +0.48% $47M
VONE 0.34% 0.00% +0.34% $5M
VOO 1.63% 1.31% +0.32% $24M
GOOG 0.76% 0.45% +0.30% $11M
RTX 0.20% 0.00% +0.20% $3M
CWI 0.19% 0.00% +0.19% $3M
VTEB 2.37% 2.20% +0.17% $35M
GOOGL 1.07% 0.92% +0.15% $16M
GLIX 0.14% 0.00% +0.14% $2M
TRV 0.14% 0.00% +0.14% $2M
AMZN 1.08% 0.94% +0.13% $16M
IWO 0.12% 0.00% +0.12% $2M
MU 0.26% 0.15% +0.11% $4M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
SPYV 4.74% 13.80% -9.06% $70M
SPYG 4.27% 12.59% -8.32% $63M
AMJB 0.44% 1.12% -0.67% $7M
AVRE 1.15% 1.65% -0.49% $17M
PG 1.20% 1.53% -0.33% $18M
BRK-B 1.95% 2.28% -0.33% $29M
MSFT 1.78% 2.08% -0.30% $26M
IGF 0.04% 0.34% -0.30% $613K
AAPL 3.54% 3.82% -0.28% $52M
YLD 0.56% 0.81% -0.26% $8M
AMLP 0.52% 0.78% -0.25% $8M
WEC 0.98% 1.21% -0.23% $15M
FBND 1.84% 2.03% -0.18% $27M
VGSH 0.77% 0.94% -0.18% $11M
BND 1.30% 1.47% -0.17% $19M

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 69 $509M 34.3%
Large Cap 283 $878M 59.2%
Mid Cap 64 $53M 3.6%
Small Cap 23 $41M 2.7%
Micro Cap 5 $2M 0.2%

Portfolio Analytics

Avg Market Cap
$177.5B
Median Market Cap
$53.4B
Avg P/E
34.1
Median P/E
25.6
Avg Dividend Yield
0.02%
Avg Beta
0.95
# Stocks
320
# ETFs / Funds
124

Top Holdings (444 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 SPLG 19.90% 3,610,494 $295M $81.80 $293M +3,577,727 +10918.7%
2 SPYV 4.74% 1,208,677 $70M $58.17 -$106M -1,960,787 -61.9%
3 SPYG 4.27% 585,065 $63M $108.29 -$98M -953,384 -62.0%
4 AVEM 4.12% 754,863 $61M $80.99 $24M +266,256 +54.5%
5 AAPL 3.54% 201,637 $52M $260.25 $4M +11,187 +5.9%
6 ITOT 3.16% 307,968 $47M $152.06 $7M +38,473 +14.3%
7 VEA 3.15% 720,525 $47M $64.92 $13M +156,856 +27.8%
8 VTEB 2.37% 695,282 $35M $50.56 $7M +133,935 +23.9%
9 VO 2.18% 107,901 $32M $299.17 $5M +14,938 +16.1%
10 BRK-B 1.95% 58,069 $29M $498.67 -$199K +23 +0.0%
11 FBND 1.84% 591,999 $27M $46.13 $1M +32,356 +5.8%
12 MSFT 1.78% 55,206 $26M $477.18 -$253K +4,447 +8.8%
13 VOO 1.63% 37,910 $24M $639.35 $7M +10,656 +39.1%
14 JPM 1.53% 70,008 $23M $324.49 $2M +3,709 +5.6%
15 NVDA 1.46% 117,178 $22M $184.94 $4M +19,323 +19.8%
16 BND 1.30% 260,374 $19M $74.22 $487K +6,767 +2.7%
17 UITB 1.25% 389,946 $18M $47.40 $2M +35,216 +9.9%
18 PG 1.20% 124,120 $18M $143.46 -$2M -3,968 -3.1%
19 AVRE 1.15% 388,797 $17M $44.05 -$4M -89,828 -18.8%
20 AMZN 1.08% 64,931 $16M $246.47 $4M +10,391 +19.1%
21 GOOGL 1.07% 47,777 $16M $331.86 $4M +104 +0.2%
22 WEC 0.98% 138,208 $15M $105.00 -$984K +3,692 +2.7%
23 VB 0.92% 50,012 $14M $272.21 $3M +9,415 +23.2%
24 IVV 0.85% 18,022 $13M $698.25 $577K +165 +0.9%
25 VTV 0.83% 62,921 $12M $196.90 $2M +7,074 +12.7%
26 VGSH 0.77% 194,125 $11M $58.74 -$692K -11,774 -5.7%
27 GOOG 0.76% 33,704 $11M $332.73 $5M +10,156 +43.1%
28 MUB 0.72% 99,281 $11M $107.55 $414K +2,947 +3.1%
29 SPY 0.68% 14,510 $10M $695.16 $643K +396 +2.8%
30 SUB 0.56% 77,478 $8M $106.92 $1M +9,629 +14.2%
31 YLD 0.56% 433,302 $8M $19.09 -$2M -106,235 -19.7%
32 VUG 0.56% 16,740 $8M $492.53 -$529K -1,460 -8.0%
33 HD 0.55% 21,667 $8M $374.95 -$22K +607 +2.9%
34 KO 0.54% 114,363 $8M $70.50 $2M +18,426 +19.2%
35 AMLP 0.52% 160,871 $8M $48.41 -$2M -53,450 -24.9%
36 META 0.50% 11,446 $7M $641.98 $372K +1,663 +17.0%
37 AMJB 0.44% 211,761 $7M $30.92 -$8M -280,701 -57.0%
38 OSK 0.43% 42,601 $6M $149.65 $801K -130 -0.3%
39 WMT 0.40% 49,948 $6M $117.97 $951K +2,088 +4.4%
40 AVGO 0.38% 16,047 $6M $352.21 $1M +2,815 +21.3%
41 VONE 0.34% 16,135 $5M $315.44 +16,135 NEW
42 MDY 0.34% 8,023 $5M $632.34 $871K +961 +13.6%
43 BFC 0.34% 40,765 $5M $123.14 -$940K -4,460 -9.9%
44 PEP 0.33% 35,081 $5M $141.36 -$1M -7,565 -17.7%
45 BA 0.33% 20,406 $5M $239.81 $778K +1,851 +10.0%
46 ABT 0.31% 36,484 $5M $124.64 -$703K -2,984 -7.6%
47 XOM 0.31% 36,660 $5M $124.03 $604K +2,148 +6.2%
48 TSLA 0.31% 10,109 $5M $448.96 $372K +489 +5.1%
49 ETN 0.30% 13,674 $5M $329.11 -$41K +1,432 +11.7%
50 VGIT 0.30% 74,685 $4M $59.91 $211K +3,598 +5.1%
51 TJX 0.29% 27,737 $4M $157.10 $903K +3,523 +14.6%
52 LLY 0.29% 3,917 $4M $1,080.91 $1M +459 +13.3%
53 COST 0.28% 4,429 $4M $943.14 $869K +812 +22.4%
54 PM 0.28% 24,999 $4M $165.16 $281K +102 +0.4%
55 MU 0.26% 11,116 $4M $345.87 $2M +596 +5.7%
56 ORCL 0.25% 18,208 $4M $204.68 -$1M +1,176 +6.9%
57 MA 0.25% 6,519 $4M $566.28 $896K +1,698 +35.2%
58 DFAC 0.24% 89,230 $4M $40.71 -$647K -21,488 -19.4%
59 VTI 0.24% 10,470 $4M $343.03 $36K -315 -2.9%
60 CAT 0.24% 5,691 $4M $629.81 $1M +754 +15.3%
61 JNJ 0.23% 16,128 $3M $209.73 $578K +1,281 +8.6%
62 WFC 0.22% 34,538 $3M $94.96 $458K -234 -0.7%
63 CSCO 0.22% 44,183 $3M $74.01 $652K +6,232 +16.4%
64 SPSM 0.21% 63,476 $3M $49.28 $299K +2,110 +3.4%
65 RTX 0.20% 15,217 $3M $193.85 +15,217 NEW
66 CWI 0.19% 73,730 $3M $37.41 +73,730 NEW
67 SPDW 0.18% 58,053 $3M $46.16 -$81K -5,703 -8.9%
68 ASB 0.18% 100,421 $3M $26.02 -$51K
69 MCD 0.17% 8,412 $3M $306.74 $409K +1,086 +14.8%
70 SCHW 0.17% 25,183 $3M $101.90 $362K +1,738 +7.4%
71 VIG 0.17% 11,357 $3M $225.61 $84K -50 -0.4%
72 IVW 0.17% 20,367 $3M $125.09 $84K
73 BX 0.17% 15,985 $3M $156.58 $419K +3,346 +26.5%
74 IWF 0.16% 5,113 $2M $477.25 -$577K -1,303 -20.3%
75 AMD 0.16% 11,742 $2M $207.69 $448K +2,330 +24.8%
76 SPTM 0.16% 28,587 $2M $84.27 $800K +8,716 +43.9%
77 ABBV 0.16% 10,869 $2M $220.03 -$236K -416 -3.7%
78 IBM 0.15% 7,313 $2M $312.19 $86K -163 -2.2%
79 DIS 0.15% 19,320 $2M $112.82 $252K +2,191 +12.8%
80 IWP 0.14% 15,203 $2M $141.33 $1M +9,101 +149.2%
81 GLIX 0.14% 84,500 $2M $25.06 +84,500 NEW
82 ADI 0.14% 7,088 $2M $293.86 $1M +2,759 +63.7%
83 TRV 0.14% 7,340 $2M $280.51 +7,340 NEW
84 SCZ 0.14% 25,347 $2M $80.60 $291K +2,567 +11.3%
85 V 0.13% 5,611 $2M $343.23 -$28K +68 +1.2%
86 CVX 0.13% 11,738 $2M $162.34 $31K -361 -3.0%
87 BAC 0.13% 34,401 $2M $55.19 $163K -118 -0.3%
88 CRM 0.13% 7,237 $2M $259.40 $602K +1,917 +36.0%
89 GD 0.12% 5,107 $2M $360.96 $445K +1,034 +25.4%
90 IWO 0.12% 5,293 $2M $344.52 +5,293 NEW
91 MGK 0.12% 4,112 $2M $415.61 $43K -7 -0.2%
92 C 0.11% 14,398 $2M $117.70 $675K +3,972 +38.1%
93 NEE 0.11% 20,223 $2M $81.12 $168K +2,530 +14.3%
94 HON 0.11% 7,835 $2M $208.61 -$577K -2,746 -25.9%
95 IVE 0.11% 7,520 $2M $217.23 $70K
96 NFLX 0.11% 18,144 $2M $89.41 -$423K +16,427 +956.7%
97 GE 0.11% 4,998 $2M $324.19 $10K -340 -6.4%
98 MO 0.11% 27,540 $2M $58.54 -$156K +1,006 +3.8%
99 ABC 0.11% 4,659 $2M $342.16 $608K +1,466 +45.9%
100 COF 0.10% 6,584 $2M $233.20 $30K -463 -6.6%

New Positions

SymbolValue% Port
VONE $5M 0.34%
RTX $3M 0.20%
CWI $3M 0.19%
GLIX $2M 0.14%
TRV $2M 0.14%
IWO $2M 0.12%
AVDE $1M 0.07%
VXF $906K 0.06%
MOFG $618K 0.04%
SNDR $512K 0.03%
IWR $475K 0.03%
VTWO $469K 0.03%
SCHX $419K 0.03%
AKRE $315K 0.02%
LHX $306K 0.02%

Sold Out Positions

SymbolValue% Port
OC —%
TREX —%
OTIS —%
VVV —%
DD —%
CCI —%
CACI —%
TFC —%
PH —%
GWW —%
PSA —%
CDW —%
MRVL —%
DVLT —%
FBTC —%
View SEC EDGAR Filings for NICOLET ADVISORY SERVICES, LLC →

Sign in to InsiderStreet

You'll also get our free weekly newsletter with
smart money signals, market insights, and alpha ideas.
Unsubscribe anytime.

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