Latest NICHOLAS COMPANY, INC. Stock Portfolio

NICHOLAS COMPANY, INC. Performance:

2025 Q4: -7.87%YTD: -17.04%2024: 6.61%

Performance for 2025 Q4 is -7.87%, and YTD is -17.04%, and 2024 is 6.61%.

About NICHOLAS COMPANY, INC. and 13F Hedge Fund Stock Holdings

NICHOLAS COMPANY, INC. is a hedge fund based in Milwaukee, WI. On 2026-02-04, the fund reported it's updated stock portfolio. In the 13F Holdings report, NICHOLAS COMPANY, INC. reported an equity portfolio of $5.7 Billions as of 31 Dec, 2025.

The top stock holdings of NICHOLAS COMPANY, INC. are GOOG, NVDA, MSFT. The fund has invested 4.4% of it's portfolio in ALPHABET INC. CLASS C and 3.8% of portfolio in NVIDIA CORPORATION.

The fund managers got completely rid off FISERV, INC., ORACLE CORPORATION (ORCL) and COMCAST CORPORATION CLASS A (CMCSA) stocks. They significantly reduced their stock positions in FIVE9, INC. (FIVN), CROWDSTRIKE HOLDINGS, INC. CLASS A (CRWD) and SKYWORKS SOLUTIONS, INC. (SWKS). NICHOLAS COMPANY, INC. opened new stock positions in EATON CORP. PLC (ETN), UNILEVER PLC SPONSORED ADR and RYAN SPECIALTY HOLDINGS, INC. CLASS A (RYAN). The fund showed a lot of confidence in some stocks as they added substantially to NETFLIX, INC. (NFLX), SERVICENOW, INC. (NOW) and COCA-COLA COMPANY (KO).

NICHOLAS COMPANY, INC. Annual Return Estimates Vs S&P 500

Our best estimate is that NICHOLAS COMPANY, INC. made a return of -7.87% in the last quarter. In trailing 12 months, it's portfolio return was -17.04%.

Performance
S&P 500

New Buys

Ticker	$ Bought
eaton corp. plc	49,759,200
unilever plc sponsored adr	8,486,880
ryan specialty holdings, inc. class a	6,125,380
alliant energy corporation	5,736,160
amgen inc.	5,372,790
sysco corporation	2,278,130
magnum ice cream co. n.v.	1,189

New stocks bought by NICHOLAS COMPANY, INC.

Additions

Ticker	% Inc.
netflix, inc.	1,202
servicenow, inc.	532
coca-cola company	47.3
simulations plus, inc.	42.89
johnson controls international plc	41.7
medtronic plc	38.65
nike, inc. class b	33.3
waste connections, inc.	32.42

Additions to existing portfolio by NICHOLAS COMPANY, INC.

Reductions

Ticker	% Reduced
five9, inc.	-99.46
crowdstrike holdings, inc. class a	-81.4
skyworks solutions, inc.	-79.83
chipotle mexican grill, inc.	-75.46
analog devices, inc.	-56.17
morningstar, inc.	-53.49
broadcom inc.	-49.31
openlane, inc.	-34.03

NICHOLAS COMPANY, INC. reduced stake in above stock

Sold off

Ticker	$ Sold
kenvue, inc.	-42,581,600
repay holdings corp. class a	-4,094,470
fiserv, inc.	-68,216,700
comcast corporation class a	-6,434,850
unilever plc sponsored adr	-8,162,860
wns (holdings) limited	-9,363,210
omnicell, inc.	-3,624,100
lamb weston holdings, inc.	-4,743,860

NICHOLAS COMPANY, INC. got rid off the above stocks

Sector Distribution

NICHOLAS COMPANY, INC. has about 33.8% of it's holdings in Technology sector.

Sector	%
Technology	33.8
Consumer Cyclical	13.4
Industrials	12.1
Healthcare	10.1
Financial Services	10
Communication Services	6.8
Others	6
Consumer Defensive	3.3
Basic Materials	2.6

Market Cap. Distribution

NICHOLAS COMPANY, INC. has about 85.6% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	49.3
MEGA-CAP	36.3
UNALLOCATED	6.9
MID-CAP	6.6

Stocks belong to which Index?

About 81% of the stocks held by NICHOLAS COMPANY, INC. either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	76.8
Others	19
RUSSELL 2000	4.2

Top 5 Winners (%)		%
GMED	globus medical inc class a	48.6 %
LLY	eli lilly and company	36.5 %
MDB	mongodb, inc. class a	35.2 %
KNX	knight-swift transportation holdings inc. class a	32.3 %
AMD	advanced micro devices, inc.	26.9 %

Top 5 Winners ($)		$
GOOG	alphabet inc. class c	60.4 M
LLY	eli lilly and company	27.4 M
AMD	advanced micro devices, inc.	19.5 M
	astrazeneca plc sponsored adr	16.8 M
TMO	thermo fisher scientific inc.	15.1 M

Top 5 Losers (%)		%
NFLX	netflix, inc.	-86.4 %
NOW	servicenow, inc.	-74.4 %
VRNS	varonis systems, inc.	-42.0 %
CERT	certara, inc.	-27.9 %
PHR	phreesia, inc.	-26.6 %

Top 5 Losers ($)		$
NFLX	netflix, inc.	-360.7 M
NOW	servicenow, inc.	-189.2 M
ZS	zscaler, inc.	-19.6 M
ORLY	o'reilly automotive, inc.	-16.1 M
MSFT	microsoft corporation	-15.2 M

NICHOLAS COMPANY, INC. Holdings Map

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

Current Stock Holdings of NICHOLAS COMPANY, INC.

NICHOLAS COMPANY, INC. has 205 stocks in it's portfolio. About 26.6% of the portfolio is in top 10 stocks. NFLX proved to be the most loss making stock for the portfolio. GOOG was the most profitable stock for NICHOLAS COMPANY, INC. last quarter.

Last Reported on: 04 Feb, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc.	3.01	631,495	171,678,000	added	7.65

ABBV	abbvie, inc.	0.16	38,725	8,848,280	unchanged	0.00

ABT	abbott laboratories	0.20	88,998	11,150,600	unchanged	0.00

ADBE	adobe inc.	1.07	174,626	61,117,400	added	7.64

ADI	analog devices, inc.	0.11	23,263	6,308,930	reduced	-56.17

ALKT	alkami technology inc	0.13	312,297	7,204,690	added	11.18

AMD	advanced micro devices, inc.	1.12	297,845	63,786,500	reduced	-33.62

AME	ametek, inc.	0.39	109,288	22,437,900	reduced	-4.46

AMGN	amgen inc.	0.09	16,415	5,372,790	new

AMT	american tower corporation	0.12	37,795	6,635,670	added	11.16

AMZN	amazon.com, inc.	3.53	873,554	201,634,000	unchanged	0.00

AON	aon plc class a	1.12	181,402	64,013,100	reduced	-0.01

AOS	a. o. smith corporation	0.46	390,718	26,131,200	reduced	-0.01

APD	air products and chemicals, inc.	0.10	23,897	5,903,040	unchanged	0.00

ARE	alexandria real estate equities, inc.	0.00	0.00	0.00	sold off	-100

ATR	aptargroup, inc.	0.30	139,825	17,053,100	reduced	0.00

ATRC	atricure, inc.	0.14	205,505	8,129,780	added	6.68

AVGO	broadcom inc.	0.12	20,617	7,135,540	reduced	-49.31

BAH	booz allen hamilton holding corporation class a	0.09	60,635	5,115,170	added	4.74

BJ	bj's wholesale club holdings, inc.	0.30	192,994	17,375,200	reduced	-5.34