Latest NICOLET ADVISORY SERVICES, LLC Stock Portfolio

NICOLET ADVISORY SERVICES, LLC Performance:

2025 Q3: 2.76%YTD: 5.36%2024: 6.52%

Performance for 2025 Q3 is 2.76%, and YTD is 5.36%, and 2024 is 6.52%.

About NICOLET ADVISORY SERVICES, LLC and 13F Hedge Fund Stock Holdings

In it's latest 13F Holdings report, NICOLET ADVISORY SERVICES, LLC reported an equity portfolio of $1.3 Billions as of 30 Sep, 2025.

The top stock holdings of NICOLET ADVISORY SERVICES, LLC are BIL, BIL, AAPL. The fund has invested 13.7% of it's portfolio in SPDR SERIES TRUST and 12.5% of portfolio in SPDR SERIES TRUST.

The fund managers got completely rid off SYNOPSYS INC (SNPS), LINCOLN ELEC HLDGS INC (LECO) and SKECHERS U S A INC (SKX) stocks. They significantly reduced their stock positions in QUEST DIAGNOSTICS INC (DGX), STARBUCKS CORP (SBUX) and EPAM SYS INC (EPAM). NICOLET ADVISORY SERVICES, LLC opened new stock positions in WHITE MTNS INS GROUP LTD (WTM), BJS WHSL CLUB HLDGS INC (BJ) and INTEL CORP (INTC). The fund showed a lot of confidence in some stocks as they added substantially to ISHARES TR (IJR), ALTRIA GROUP INC (MO) and PHILIP MORRIS INTL INC (PM).

NICOLET ADVISORY SERVICES, LLC Annual Return Estimates Vs S&P 500

Our best estimate is that NICOLET ADVISORY SERVICES, LLC made a return of 2.76% in the last quarter. In trailing 12 months, it's portfolio return was 5.89%.

New Buys

Ticker	$ Bought
white mtns ins group ltd	405,814
bjs whsl club hldgs inc	389,577
intel corp	363,898
applovin corp	349,413
oxford lane cap corp	341,621
oxford lane cap corp	341,621
vanguard world fd	332,284
amcor plc	314,983

New stocks bought by NICOLET ADVISORY SERVICES, LLC

Additions

Ticker	% Inc.
ishares tr	110
altria group inc	88.52
philip morris intl inc	77.99
vanguard admiral fds inc	63.41
vanguard whitehall fds	62.37
boeing co	47.7
american centy etf tr	46.65
sysco corp	44.28

Additions to existing portfolio by NICOLET ADVISORY SERVICES, LLC

Reductions

Ticker	% Reduced
quest diagnostics inc	-36.85
starbucks corp	-36.09
epam sys inc	-26.2
vertex pharmaceuticals inc	-23.04
masco corp	-21.58
seagate technology hldngs pl	-20.49
kla corp	-20.36
flexshares tr	-19.41

NICOLET ADVISORY SERVICES, LLC reduced stake in above stock

Sold off

Ticker	$ Sold
acv auctions inc	-185,222
americold realty trust inc	-208,299
gentex corp	-265,770
willscot hldgs corp	-231,516
phreesia inc	-222,652
sportradar group ag	-235,377
borgwarner inc	-264,591
nnn reit inc	-263,633

NICOLET ADVISORY SERVICES, LLC got rid off the above stocks

Sector Distribution

NICOLET ADVISORY SERVICES, LLC has about 65.7% of it's holdings in Others sector.

Sector	%
Others	65.7
Technology	10.8
Financial Services	4.8
Consumer Defensive	4
Industrials	3.7
Consumer Cyclical	3
Communication Services	2.4
Healthcare	2.3
Utilities	1.7

Market Cap. Distribution

NICOLET ADVISORY SERVICES, LLC has about 32% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	65.6
MEGA-CAP	19
LARGE-CAP	13
MID-CAP	1.8

Stocks belong to which Index?

About 32.5% of the stocks held by NICOLET ADVISORY SERVICES, LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	67.5
S&P 500	31.2
RUSSELL 2000	1.3

Top 5 Winners (%)		%
MU	micron technology inc	75.5 %
UNH	unitedhealth group inc	52.0 %
STX	seagate technology hldngs pl	49.1 %
LRCX	lam research corp	44.6 %
ONTO	onto innovation inc	40.1 %

Top 5 Winners ($)		$
AAPL	apple inc	8.8 M
IJR	ishares tr	2.9 M
GOOG	alphabet inc	2.7 M
GOOG	alphabet inc	1.3 M
JPM	jpmorgan chase & co.	1.2 M

Top 5 Losers (%)		%
IT	gartner inc	-25.9 %
HRTX	heron therapeutics inc	-21.9 %
AKBA	akebia therapeutics inc	-20.7 %
VERX	vertex inc	-19.5 %
ARES	ares management corporation	-17.9 %

Top 5 Losers ($)		$
META	meta platforms inc	-0.4 M
KO	coca cola co	-0.2 M
TYL	tyler technologies inc	-0.2 M
AMT	american tower corp new	-0.2 M
INTU	intuit	-0.2 M

NICOLET ADVISORY SERVICES, LLC Holdings Map

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

Current Stock Holdings of NICOLET ADVISORY SERVICES, LLC

NICOLET ADVISORY SERVICES, LLC has 414 stocks in it's portfolio. About 47.3% of the portfolio is in top 10 stocks. META proved to be the most loss making stock for the portfolio. AAPL was the most profitable stock for NICOLET ADVISORY SERVICES, LLC last quarter.

Last Reported on: 13 Nov, 2025

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAON	aaon inc	0.07	9,377	966,244	added	2.34

AAPL	apple inc	3.80	190,450	48,846,600	added	17.09

AAXJ	ishares tr	0.80	96,334	10,263,400	added	0.61

AAXJ	ishares tr	0.56	67,849	7,236,810	reduced	-0.45

AAXJ	ishares tr	0.34	70,933	4,368,770	added	1.21

AAXJ	ishares tr	0.14	22,780	1,751,800	reduced	-1.78

AAXJ	ishares tr	0.07	27,795	882,491	reduced	-12.23

AB	alliancebernstein hldg l p	0.03	8,598	330,490	unchanged	0.00

ABBV	abbvie inc	0.20	11,285	2,627,550	reduced	-1.46

ABC	cencora inc	0.08	3,193	985,711	reduced	-0.37

ABNB	airbnb inc	0.00	0.00	0.00	sold off	-100

ABT	abbott labs	0.41	39,468	5,250,090	reduced	-0.16

ACES	alps etf tr	0.78	214,321	9,959,510	added	2.8

ACGL	arch cap group ltd	0.02	2,981	280,512	added	1.02

ACN	accenture plc ireland	0.05	2,478	622,423	reduced	-1.82

ACSG	dbx etf tr	0.03	9,083	430,716	unchanged	0.00

ACVA	acv auctions inc	0.00	0.00	0.00	sold off	-100

ACWF	ishares tr	0.06	11,181	765,564	added	0.01

ACWF	ishares tr	0.02	5,917	299,548	reduced	-1.66

ADBE	adobe inc	0.05	1,989	692,789	added	7.28