Latest Nicholas Investment Partners, LP Stock Portfolio

Nicholas Investment Partners, LP Performance:

2025 Q2: 12.25%YTD: 5.19%2024: 20.91%

Performance for 2025 Q2 is 12.25%, and YTD is 5.19%, and 2024 is 20.91%.

About Nicholas Investment Partners, LP and 13F Hedge Fund Stock Holdings

Nicholas Investment Partners, LP is a hedge fund based in RANCHO SANTA FE, CA. On 30-Mar-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $1.2 Billions. In it's latest 13F Holdings report, Nicholas Investment Partners, LP reported an equity portfolio of $1.1 Billions as of 30 Jun, 2025.

The top stock holdings of Nicholas Investment Partners, LP are BWXT, ERJ, RSI. The fund has invested 3.4% of it's portfolio in BWX TECHNOLOGIES INC and 2.1% of portfolio in EMBRAER S.A.

The fund managers got completely rid off SELECT SECTOR SPDR TR (XLB), GENEDX HOLDINGS CORP (SMFR) and AXOGEN INC (AXGN) stocks. They significantly reduced their stock positions in TEXAS ROADHOUSE INC (TXRH), BOOZ ALLEN HAMILTON HLDG COR (BAH) and GATX CORP (GATX). Nicholas Investment Partners, LP opened new stock positions in KRATOS DEFENSE & SEC SOLUTIO (KTOS), VANGUARD WORLD FD (VAW) and PAR PAC HOLDINGS INC (PARR). The fund showed a lot of confidence in some stocks as they added substantially to SHIFT4 PMTS INC (FOUR), NATERA INC (NTRA) and ZSCALER INC (ZS).

Nicholas Investment Partners, LP Annual Return Estimates Vs S&P 500

Our best estimate is that Nicholas Investment Partners, LP made a return of 12.25% in the last quarter. In trailing 12 months, it's portfolio return was 11.09%.

New Buys

Ticker	$ Bought
kratos defense & sec solutio	18,975,600
vanguard world fd	9,449,340
par pac holdings inc	8,126,780
alibaba group hldg ltd	6,496,500
ishares tr	6,326,750
wingstop inc	6,256,630
macom tech solutions hldgs i	6,172,070
centrus energy corp	6,144,960

New stocks bought by Nicholas Investment Partners, LP

Additions

Ticker	% Inc.
shift4 pmts inc	904
natera inc	276
zscaler inc	239
mercadolibre inc	232
clearwater analytics hldgs i	137
commvault sys inc	122
casella waste sys inc	89.36
revolution medicines inc	85.08

Additions to existing portfolio by Nicholas Investment Partners, LP

Reductions

Ticker	% Reduced
texas roadhouse inc	-78.78
booz allen hamilton hldg cor	-77.97
gatx corp	-74.03
workiva inc	-62.9
vertiv holdings co	-61.99
datadog inc	-58.62
ars pharmaceuticals inc	-58.3
western alliance bancorp	-52.11

Nicholas Investment Partners, LP reduced stake in above stock

Sold off

Ticker	$ Sold
southern co	-5,464,830
shopify inc	-4,010,000
cytokinetics inc	-3,719,620
zscaler inc	-3,267,810
uber technologies inc	-2,294,900
hci group inc	-2,970,400
ncl corp ltd	-1,455,750
insmed inc	-2,678,660

Nicholas Investment Partners, LP got rid off the above stocks

Sector Distribution

Nicholas Investment Partners, LP has about 21% of it's holdings in Technology sector.

Sector	%
Technology	21
Industrials	18.4
Others	16.6
Healthcare	13.9
Consumer Cyclical	9.5
Financial Services	9.1
Energy	5.8
Real Estate	2.1
Consumer Defensive	1.6

Market Cap. Distribution

Nicholas Investment Partners, LP has about 32.4% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
MID-CAP	38
LARGE-CAP	21.1
UNALLOCATED	16.8
MEGA-CAP	11.3
SMALL-CAP	11.3
MICRO-CAP	1.6

Stocks belong to which Index?

About 61.6% of the stocks held by Nicholas Investment Partners, LP either belong to S&P 500 or RUSSELL 2000 index.

Index	%
RUSSELL 2000	39.4
Others	38.3
S&P 500	22.2

Top 5 Winners (%)		%
CRDO	credo technology group holdi	130.6 %
ORIC	oric pharmaceuticals inc	81.9 %
PL	planet labs pbc	80.5 %
VRT	vertiv holdings co	77.8 %
NET	cloudflare inc	73.8 %

Top 5 Winners ($)		$
BWXT	bwx technologies inc	13.1 M
REVG	rev group inc	11.3 M
RSI	rush street interactive inc	7.0 M
AVGO	broadcom inc	6.6 M
NVDA	nvidia corporation	6.1 M

Top 5 Losers (%)		%
ARIS	aris water solutions inc	-26.2 %
MCW	mister car wash inc	-23.8 %
COP	conocophillips	-14.6 %
CVX	chevron corp new	-14.4 %
MGY	magnolia oil & gas corp	-11.0 %

Top 5 Losers ($)		$
ARIS	aris water solutions inc	-3.2 M
MCW	mister car wash inc	-2.0 M
CVX	chevron corp new	-2.0 M
SKT	tanger inc	-1.6 M
XOM	exxon mobil corp	-1.2 M

Nicholas Investment Partners, LP Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Nicholas Investment Partners, LP

Nicholas Investment Partners, LP has 184 stocks in it's portfolio. About 19.2% of the portfolio is in top 10 stocks. ARIS proved to be the most loss making stock for the portfolio. BWXT was the most profitable stock for Nicholas Investment Partners, LP last quarter.

Last Reported on: 14 Aug, 2025

	Ticker	Namesorted descending	% Portfolio	Shares Held	$ Value	Type	% Change
	BWXT	bwx technologies inc	3.41	265,516	38,250,200	reduced	-7.78
Historical Trend of BWX TECHNOLOGIES INC Position Held By Nicholas Investment Partners, LP What % of Portfolio is BWXT?: Number of BWXT shares held: Change in No. of Shares Held:
	ERJ	embraer s.a.	2.06	405,783	23,093,100	reduced	-44.94

	RSI	rush street interactive inc	1.83	1,382,500	20,599,300	reduced	-16.97

	REVG	rev group inc	1.82	428,508	20,392,700	reduced	-39.63

	INSM	insmed inc	1.75	195,394	19,664,500	reduced	-12.74

	NVDA	nvidia corporation	1.73	123,057	19,441,800	unchanged	0.00

	AVGO	broadcom inc	1.70	69,221	19,080,800	added	13.49

	KTOS	kratos defense & sec solutio	1.69	408,517	18,975,600	new

	VRNA	verona pharma plc	1.68	198,845	18,806,800	added	7.65

	MSFT	microsoft corp	1.53	34,466	17,143,700	reduced	-0.58

		ge vernova inc	1.43	30,410	16,091,500	added	14.09

	AMZN	amazon com inc	1.24	63,665	13,967,500	added	1.85

	WTFC	wintrust finl corp	1.20	108,393	13,438,600	reduced	-4.61

	ADMA	adma biologics inc	1.17	718,276	13,079,800	added	55.89

	SKYW	skywest inc	1.16	126,834	13,060,100	added	39.56

	SKT	tanger inc	1.14	419,879	12,839,900	reduced	-13.58

	ARES	ares management corporation	1.12	72,500	12,557,000	unchanged	0.00

	CRS	carpenter technology corp	1.09	44,323	12,250,000	added	29.45

	OSIS	osi systems inc	1.03	51,228	11,519,100	reduced	-16.44

	XOM	exxon mobil corp	1.01	105,500	11,372,900	unchanged	0.00