Latest NICHOLAS COMPANY, INC. Stock Portfolio

NICHOLAS COMPANY, INC. Performance:

2025 Q2: -14.41%YTD: -18.48%2024: 1.4%

Performance for 2025 Q2 is -14.41%, and YTD is -18.48%, and 2024 is 1.4%.

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

NICHOLAS COMPANY, INC. is a hedge fund based in MILWAUKEE, WI. On 27-Jan-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $4.9 Billions. In it's latest 13F Holdings report, NICHOLAS COMPANY, INC. reported an equity portfolio of $6 Billions as of 30 Jun, 2025.

The top stock holdings of NICHOLAS COMPANY, INC. are MSFT, GOOG, AMZN. The fund has invested 3.8% of it's portfolio in MICROSOFT CORPORATION and 3.2% of portfolio in ALPHABET INC. CLASS C.

The fund managers got completely rid off COPART, INC. (CPRT), CARMAX, INC. (KMX) and BEACON ROOFING SUPPLY, INC. (BECN) stocks. They significantly reduced their stock positions in CHARLES RIVER LABORATORIES INTERNATIONAL, INC. (CRL), MERCK & CO., INC. (MRK) and MONDELEZ INTERNATIONAL, INC. CLASS A (MDLZ). NICHOLAS COMPANY, INC. opened new stock positions in META PLATFORMS INC CLASS A (META), CARRIER GLOBAL CORP. (CARR) and RALLIANT CORPORATION. The fund showed a lot of confidence in some stocks as they added substantially to O'REILLY AUTOMOTIVE, INC. (ORLY), FASTENAL COMPANY (FAST) and ZSCALER, INC. (ZS).

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

Our best estimate is that NICHOLAS COMPANY, INC. made a return of -14.41% in the last quarter. In trailing 12 months, it's portfolio return was -23.01%.

New Buys

Ticker	$ Bought
meta platforms inc class a	73,838,500
carrier global corp.	67,497,300
ralliant corporation	14,458,700
hilton worldwide holdings inc.	10,649,600
alkami technology inc	5,839,620
blackstone inc.	4,230,870
spx technologies, inc.	3,321,740
modine manufacturing company	2,785,580

New stocks bought by NICHOLAS COMPANY, INC.

Additions

Ticker	% Inc.
o'reilly automotive, inc.	1,399
fastenal company	53.06
zscaler, inc.	40.54
intapp, inc.	35.98
onto innovation, inc.	31.89
siteone landscape supply, inc.	31.65
monday.com ltd.	26.71
netflix, inc.	23.78

Additions to existing portfolio by NICHOLAS COMPANY, INC.

Reductions

Ticker	% Reduced
charles river laboratories international, inc.	-98.81
merck & co., inc.	-90.91
mondelez international, inc. class a	-86.07
mongodb, inc. class a	-84.76
amedisys, inc.	-55.7
quest diagnostics incorporated	-55.36
construction partners, inc. class a	-43.95
comfort systems usa, inc.	-43.19

NICHOLAS COMPANY, INC. reduced stake in above stock

Sold off

Ticker	$ Sold
copart, inc.	-52,890,300
neogen corp	-3,746,290
carmax, inc.	-8,563,410
beacon roofing supply, inc.	-6,359,050
philip morris international inc.	-3,131,900
eaton corp. plc	-1,477,400

NICHOLAS COMPANY, INC. got rid off the above stocks

Sector Distribution

NICHOLAS COMPANY, INC. has about 35% of it's holdings in Technology sector.

Sector	%
Technology	35
Consumer Cyclical	13.5
Industrials	10.4
Healthcare	9.6
Financial Services	9.6
Others	8.6
Communication Services	5.5
Consumer Defensive	3.4
Basic Materials	2.6
Real Estate	1.1

Market Cap. Distribution

NICHOLAS COMPANY, INC. has about 82.7% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	49.3
MEGA-CAP	33.4
UNALLOCATED	9.4
MID-CAP	6.8
SMALL-CAP	1.1

Stocks belong to which Index?

About 77.2% of the stocks held by NICHOLAS COMPANY, INC. either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	72.7
Others	22.8
RUSSELL 2000	4.5

Top 5 Winners (%)		%
AVGO	broadcom inc.	60.2 %
FIX	comfort systems usa, inc.	57.7 %
SNOW	snowflake, inc. class a	52.7 %
ORCL	oracle corporation	48.3 %
ZS	zscaler, inc.	46.9 %

Top 5 Winners ($)		$
MSFT	microsoft corporation	58.9 M
NVDA	nvidia corporation	55.3 M
ZS	zscaler, inc.	26.3 M
SNOW	snowflake, inc. class a	25.7 M
AMZN	amazon.com, inc.	24.9 M

Top 5 Losers (%)		%
ORLY	o'reilly automotive, inc.	-93.5 %
FAST	fastenal company	-45.1 %
UNH	unitedhealth group incorporated	-40.4 %
SLP	simulations plus, inc.	-29.8 %
FTV	fortive corp.	-28.8 %

Top 5 Losers ($)		$
ORLY	o'reilly automotive, inc.	-1389.2 M
FAST	fastenal company	-50.8 M
UNH	unitedhealth group incorporated	-30.7 M
FTV	fortive corp.	-18.8 M
TMO	thermo fisher scientific inc.	-12.4 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 216 stocks in it's portfolio. About 22.8% of the portfolio is in top 10 stocks. ORLY proved to be the most loss making stock for the portfolio. MSFT was the most profitable stock for NICHOLAS COMPANY, INC. last quarter.

Last Reported on: 05 Aug, 2025

	Ticker	Namesorted descending	% Portfolio	Shares Held	$ Value	Type	% Change
	MSFT	microsoft corporation	3.84	461,037	229,324,000	reduced	-7.19
Historical Trend of MICROSOFT CORPORATION Position Held By NICHOLAS COMPANY, INC. What % of Portfolio is MSFT?: Number of MSFT shares held: Change in No. of Shares Held:
	GOOG	alphabet inc. class c	3.23	1,088,470	193,084,000	unchanged	0.00

	AMZN	amazon.com, inc.	3.14	854,554	187,481,000	added	0.02

	NVDA	nvidia corporation	3.06	1,158,250	182,992,000	added	8.93

	AAPL	apple inc.	2.01	586,415	120,315,000	unchanged	0.00

	ORLY	o'reilly automotive, inc.	1.63	1,078,620	97,216,000	added	1,399

	TJX	tjx companies inc	1.53	742,510	91,692,600	reduced	-0.9

	HD	home depot, inc.	1.47	239,683	87,877,400	unchanged	0.00

	COST	costco wholesale corporation	1.46	88,276	87,387,900	unchanged	0.00

	SPGI	s&p global, inc.	1.46	165,515	87,274,400	unchanged	0.00

		fiserv, inc.	1.40	483,734	83,400,600	added	0.04

	ZS	zscaler, inc.	1.38	262,777	82,496,200	added	40.54

		astrazeneca plc sponsored adr	1.33	1,139,600	79,635,200	reduced	-1.84

	CMG	chipotle mexican grill, inc.	1.29	1,370,920	76,977,400	reduced	0.00

	NOW	servicenow, inc.	1.26	73,460	75,522,800	reduced	-14.11

	SNOW	snowflake, inc. class a	1.25	333,484	74,623,700	added	1.09

	CRM	salesforce, inc.	1.24	271,485	74,031,200	unchanged	0.00

	META	meta platforms inc class a	1.24	100,040	73,838,500	new

	ACN	accenture plc class a	1.23	245,484	73,372,700	added	14.69

	ICE	intercontinental exchange, inc.	1.22	396,780	72,797,200	unchanged	0.00