NICHOLAS COMPANY, INC.

CIK 903949 · View on SEC EDGAR ↗

Portfolio value
$5.5B
#751 of 9,443 by 13F value · top 8.0%
Positions
195
As of
June 30, 2026

Portfolio value QoQ: +7.3% 13F does not disclose cash

Top 10 holdings weight
27.56%
Top 25 holdings weight
48.77%
Positions above 1%
39
Effective number of positions
66.2

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q2 2026: 2.63% Est. buys $138,773,431 · sells $309,072,523

Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 77.1% still held

New positions
4
Increased
89
Decreased
76
Closed
12
On this page

Performance vs S&P 500

Tracked Q4 2024–Q2 2026
+4.0%
S&P 500 total return (same window)
+28.1%
Excess return
-24.1%

Annualized: +2.7% · S&P 500: +18.0%

Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.

Priceable coverage: 99.7% · Options excluded: 0.0%

Sector breakdown

Technology
32.4%
Industrials
17.2%
Health Care
12.1%
Retail
11.2%
Communication Services
6.8%
Financial Services
6.7%
Consumer Discretionary
3.7%
Financials
3.5%
Consumer Staples
1.5%
Materials
1.4%
Real Estate
0.8%
Consumer products
0.8%
Utilities
0.6%
Diversified Consumer Services
0.4%
Energy
0.4%
Packaging
0.3%
Communications
0.2%
Other/Unmapped
0.1%

Full portfolio 195 positions

Type Streak 8Q trend
GOOG Alphabet Inc. - Class C Capital Stock $242,916,142 4.44% 687,505 $36,937,753 Down ×4
NVDA NVIDIA Corporation - Common Stock $231,599,973 4.24% 1,157,479 $29,788,827 Up ×1
AMZN Amazon.com, Inc. - Common Stock $208,035,307 3.80% 872,851 $26,259,125 Up ×1
AAPL Apple Inc. - Common Stock $191,757,425 3.51% 662,695 $23,588,557 Up ×4
MSFT Microsoft Corporation - Common Stock $168,594,222 3.08% 451,971 $1,330,686 Up ×2
AMD Advanced Micro Devices, Inc. - Common Stock $104,230,358 1.91% 179,426 $51,852,015 Down ×5
AVGO Broadcom Inc. - Common Stock $99,549,213 1.82% 263,532 $18,001,994 Up ×2
PANW Palo Alto Networks, Inc. - Common Stock $90,803,395 1.66% 266,270 $35,592,393 Down ×1
HD Home Depot, Inc. (The) Common Stock $85,026,210 1.55% 241,086 $6,238,637 Up ×1
WCN Waste Connections, Inc. Common Shares $84,687,188 1.55% 508,052 $2,143,789 Down ×1
ORLY O'Reilly Automotive, Inc. - Common Stock $84,574,811 1.55% 918,393 $-4,060,789 Down ×4
LLY Eli Lilly and Company Common Stock $83,937,311 1.54% 69,981 $19,570,887
JPM JP Morgan Chase & Co. Common Stock $81,348,052 1.49% 248,520 $8,281,650 Up ×1
TJX TJX Companies, Inc. (The) Common Stock $81,037,350 1.48% 534,900 $-4,593,790 Down ×5
TMO Thermo Fisher Scientific Inc Common Stock $80,131,366 1.47% 159,828 $1,571,109
TXN Texas Instruments Incorporated - Common Stock $79,640,429 1.46% 267,187 $23,449,130 Down ×2
COST Costco Wholesale Corporation - Common Stock $79,041,602 1.45% 84,494 $-5,150,754
AZN AstraZeneca PLC - American Depositary Shares $77,815,876 1.42% 410,378 $-3,091,262 Up ×1
ETN Eaton Corporation, PLC Ordinary Shares $77,747,725 1.42% 182,455 $12,945,074 Up ×2
VMC Vulcan Materials Company (Holding Company) Common Stock $76,355,963 1.40% 258,825 $5,861,577 Down ×6
KLAC KLA Corporation - Common Stock $74,213,117 1.36% 245,975 $19,726,585 Up ×1
CDNS Cadence Design Systems, Inc. - Common Stock $72,991,483 1.33% 194,478 $18,965,775 Up ×2
META Meta Platforms, Inc. - Class A Common Stock $70,870,331 1.30% 125,815 $2,592,337 Up ×1
SHW Sherwin-Williams Company (The) Common Stock $69,922,784 1.28% 203,075 $4,841,517 Up ×1
SNOW Snowflake Inc. Common Stock $69,907,842 1.28% 274,687 $32,989,821 Up ×1
LRCX Lam Research Corporation - Common Stock $69,210,168 1.27% 159,717 $15,457,158 Down ×3
SYK Stryker Corporation Common Stock $68,280,295 1.25% 216,873 $14,218,039 Up ×1
SPGI S&P Global Inc. Common Stock $67,373,022 1.23% 165,430 $-2,973,961 Up ×1
FAST Fastenal Company - Common Stock $67,283,450 1.23% 1,400,863 $2,311,850 Up ×1
V Visa Inc. $67,226,770 1.23% 195,945 $8,025,510 Up ×1
SBUX Starbucks Corporation - Common Stock $66,064,813 1.21% 646,490 $8,139,055 Down ×2
JCI Johnson Controls International plc Ordinary Share $64,292,783 1.18% 440,030 $6,670,854
KO Coca-Cola Company (The) Common Stock $63,887,810 1.17% 786,118 $4,126,731 Up ×1
MA Mastercard Incorporated Common Stock $62,035,176 1.13% 120,785 $1,706,228 Up ×1
SNPS Synopsys, Inc. - Common Stock $60,345,242 1.10% 135,282 $6,740,353 Up ×1
AON Aon plc Class A Ordinary Shares (Ireland) $60,124,451 1.10% 181,267 $1,628,000 Up ×1
NFLX Netflix, Inc. - Common Stock $57,359,904 1.05% 803,360 $-19,868,738 Up ×3
MCD McDonald's Corporation Common Stock $55,121,615 1.01% 203,920 $-7,721,677 Up ×4
FTV Fortive Corporation Common Stock $54,627,594 1.00% 894,215 $5,187,373 Down ×5
ICE Intercontinental Exchange Inc. Common Stock $53,787,990 0.98% 436,910 $-14,929,215
CTAS Cintas Corporation - Common Stock $51,948,045 0.95% 305,433 $7,931,390 Up ×1
ITW Illinois Tool Works Inc. Common Stock $47,444,495 0.87% 175,415 $1,820,864 Up ×1
ALC Alcon Inc. Ordinary Shares $46,184,595 0.84% 688,295 $-5,687,099 Down ×2
LSCC Lattice Semiconductor Corporation - Common Stock $44,963,051 0.82% 293,953 $13,095,075 Down ×4
NOW ServiceNow, Inc. Common Stock $44,100,672 0.81% 444,205 $-2,310,641 Up ×3
CRM Salesforce, Inc. Common Stock $43,123,798 0.79% 275,270 $-8,243,119 Up ×2
BSX Boston Scientific Corporation Common Stock $41,930,710 0.77% 982,444 $-4,584,234 Up ×2
ROP Roper Technologies, Inc. - Common Stock $37,065,549 0.68% 109,535 $-1,694,506
MCHP Microchip Technology Incorporated - Common Stock $30,685,790 0.56% 336,467 $6,770,269 Down ×2
IEX IDEX Corporation Common Stock $30,105,598 0.55% 132,653 $4,974,490 Up ×2
ZS Zscaler, Inc. - Common Stock $29,595,767 0.54% 209,676 $-2,368,187 Down ×4
NDSN Nordson Corporation - Common Stock $27,435,689 0.50% 90,940 $3,230,880 Down ×2
WDAY Workday, Inc. - Class A Common Stock $26,581,055 0.49% 217,130 $-1,648,612 Down ×3
AME AMETEK, Inc. $26,441,139 0.48% 109,288 $2,999,158 Down ×1
TDY Teledyne Technologies Incorporated Common Stock $25,611,628 0.47% 38,404 $1,472,334 Down ×5
DDOG Datadog, Inc. - Class A Common Stock $24,982,844 0.46% 95,955 $14,046,102 Up ×1
RBA RB Global, Inc. Common Stock $24,538,228 0.45% 210,719 $4,338,607 Down ×6
AOS A.O. Smith Corporation Common Stock $24,189,411 0.44% 385,673 $-1,239,888 Up ×1
OKTA Okta, Inc. - Class A Common Stock $23,160,477 0.42% 169,736 $10,548,931 Up ×2
CPAY Corpay, Inc. Common Stock $22,777,338 0.42% 68,345 $2,115,593 Down ×1
RJF Raymond James Financial, Inc. Common Stock $22,647,149 0.41% 148,965 $227,865 Down ×1
ODFL Old Dominion Freight Line, Inc. - Common Stock $20,697,213 0.38% 95,555 $2,015,996 Down ×1
MTD Mettler-Toledo International, Inc. Common Stock $20,336,682 0.37% 15,919 $1,211,845 Up ×3
GMED Globus Medical, Inc. Class A Common Stock $19,699,484 0.36% 249,329 $-1,793,042 Down ×3
CBRE CBRE Group Inc Common Stock Class A $19,315,219 0.35% 143,405 $-126,678 Down ×5
WAB Westinghouse Air Brake Technologies Corporation Common Stock $18,968,517 0.35% 70,358 $555,648 Down ×3
SN SharkNinja, Inc. Ordinary Shares $18,925,029 0.35% 124,286 $5,749,904 Down ×1
TRU TransUnion Common Stock $18,403,491 0.34% 255,108 $742,190 Down ×1
ATR AptarGroup, Inc. Common Stock $17,479,798 0.32% 139,615 $-108,183 Up ×1
VIK Viking Holdings Ltd Ordinary Shares $17,176,870 0.31% 164,105 $4,396,861 Down ×1
MDB MongoDB, Inc. - Class A Common Stock $16,498,064 0.30% 49,116 $5,494,429 Up ×2
STE STERIS plc (Ireland) Ordinary Shares $16,425,513 0.30% 78,005 $-839,212 Down ×1
CRL Charles River Laboratories International, Inc. Common Stock $16,305,067 0.30% 71,895 $3,895,417 Down ×1
BJ BJ's Wholesale Club Holdings, Inc. Common Stock $16,045,776 0.29% 183,969 $-2,948,693 Down ×1
BURL Burlington Stores, Inc. Common Stock $16,025,328 0.29% 50,585 $-451,915 Down ×1
SCI Service Corporation International Common Stock $15,963,754 0.29% 210,160 $-1,374,485 Up ×2
RVTY Revvity, Inc. Common Stock $15,949,677 0.29% 143,355 $3,378,956 Down ×1
IQV IQVIA Holdings, Inc. Common Stock $15,525,034 0.28% 80,349 $1,809,184 Down ×1
HLT Hilton Worldwide Holdings Inc. Common Stock $14,912,008 0.27% 45,125 $-1,596 Down ×1
PCTY Paylocity Holding Corporation - Common Stock $14,823,713 0.27% 141,813 $-506,407 Down ×4
LHX L3Harris Technologies, Inc. Common Stock $14,304,874 0.26% 49,227 $-2,697,905 Down ×6
VRSK Verisk Analytics, Inc. - Common Stock $14,226,855 0.26% 79,245 $-823,166 Down ×1
CDW CDW Corporation - Common Stock $13,976,803 0.26% 99,380 $1,948,020 Down ×1
ULTA Ulta Beauty, Inc. - Common Stock $13,448,224 0.25% 29,820 $-2,157,283 Down ×5
STVN Stevanato Group S.p.A. Ordinary Shares $13,440,448 0.25% 743,799 $3,207,299 Down ×4
NTRS Northern Trust Corporation - Common Stock $13,154,299 0.24% 75,669 $2,153,950 Down ×1
PNC PNC Financial Services Group, Inc. (The) Common Stock $13,049,660 0.24% 53,000 $2,031,294 Up ×1
TECH Bio-Techne Corp - Common Stock $12,906,837 0.24% 182,687 $3,350,103 Down ×2
CMG Chipotle Mexican Grill, Inc. Common Stock $12,885,150 0.24% 378,975 $742,156 Down ×1
PTC PTC Inc. - Common Stock $12,728,751 0.23% 112,039 $-3,244,236 Down ×1
JNJ Johnson & Johnson Common Stock $12,617,230 0.23% 49,680 $495,450 Up ×1
UNP Union Pacific Corporation Common Stock $12,440,192 0.23% 45,736 $932,483 Down ×1
VEEV Veeva Systems Inc. Class A Common Stock $11,997,859 0.22% 67,605 $111,825 Down ×1
USB U.S. Bancorp Common Stock $11,976,716 0.22% 198,290 $1,680,556 Up ×1
RMD ResMed Inc. Common Stock $11,737,622 0.21% 60,230 $-1,811,991 Down ×1
CSCO Cisco Systems, Inc. - Common Stock $11,428,271 0.21% 97,295 $3,281,321 Down ×1
COO The Cooper Companies, Inc. - Common Stock $11,306,874 0.21% 157,675 $27,034 Down ×3
RSG Republic Services, Inc. Common Stock $10,996,420 0.20% 51,607 $-306,545
DT Dynatrace, Inc. Common Stock $10,951,330 0.20% 249,404 $2,588,340 Up ×1
WSM Williams-Sonoma, Inc. Common Stock (DE) $10,935,653 0.20% 46,914 $1,720,877 Down ×1

Conviction holdings

Positions increased for 3+ consecutive quarters.

Share counts are as reported in 13F filings (not split-adjusted)

Security Value % of portfolio Streak
AAPL $191,757,425 3.51% up ×4
NFLX $57,359,904 1.05% up ×3
MCD $55,121,615 1.01% up ×4
NOW $44,100,672 0.81% up ×3
MTD $20,336,682 0.37% up ×3
WEC $7,412,560 0.14% up ×3
MDT $6,707,049 0.12% up ×3

Biggest new bets

New positions opened this quarter, largest first.

Security Value Shares % of portfolio
AJG $9,345,795 40,710 0.17%
Unknown issuer (CUSIP: 438516205) $3,415,024 15,252 0.06%
Unknown issuer (CUSIP: 43849R105) $3,366,385 15,227 0.06%
TGT $3,100,028 23,735 0.06%

Top movers (QoQ)

Security Action Shares Δ Value Δ
AMD Trimmed -78K +$51.9M
GOOG Trimmed -31K +$36.9M
PANW Trimmed -78K +$35.6M
SNOW Bought more +30K +$33.0M
NVDA Bought more +305 +$29.8M
AMZN Bought more +60 +$26.3M
AAPL Bought more +65 +$23.6M
TXN Trimmed -22K +$23.4M
NFLX Bought more +150 -$19.9M
KLAC Bought more +209K +$19.7M

1 position hidden (data completeness check)

Exited positions

Includes corporate events (mergers, delistings) — not all exits are sells

Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.

SecurityQuarter Shares before Value before Price since exit
ACN Sept. 30, 2025 245,484 $73,372,713 -25.0%
FISV Dec. 31, 2025 529,099 $68,216,734 -23.5%
HON March 31, 2025 236,745 $53,478,328 10.9%
CPRT June 30, 2025 934,622 $52,890,259 -30.6%
TEAM March 31, 2026 306,819 $49,747,633 157.5%
CARR March 31, 2026 922,625 $48,751,505 7.7%
KVUE Dec. 31, 2025 2,623,637 $42,581,629 10.8%
LH March 31, 2025 184,445 $42,296,927 43.4%
CYBR Sept. 30, 2025 98,075 $39,904,756 No longer tracked
TTD March 31, 2026 1,016,743 $38,595,564 -40.7%
ADBE June 30, 2026 75,750 $18,413,310 33.6%
RAL Sept. 30, 2025 298,178 $14,458,698 50.7%
HOLX June 30, 2026 155,390 $11,745,930 No longer tracked
MNDY Dec. 31, 2025 60,422 $11,703,137 -38.5%
ORCL Dec. 31, 2025 39,250 $11,038,670 -26.9%
ALTR March 31, 2025 85,960 $9,379,096 No longer tracked
WNS Dec. 31, 2025 122,764 $9,363,210 No longer tracked
CSGP June 30, 2026 214,294 $8,644,620 18.2%
KMX June 30, 2025 109,900 $8,563,408 -10.5%
ULXXXX Dec. 31, 2025 137,700 $8,162,856 No longer tracked
STZ Sept. 30, 2025 48,400 $7,873,712 -1.7%
LECO March 31, 2026 31,420 $7,529,489 11.1%
HON June 30, 2026 30,405 $6,872,442 -1.2%
ACN June 30, 2026 33,865 $6,715,091 48.7%
RTO March 31, 2025 254,378 $6,440,851 2.3%
CMCSA Dec. 31, 2025 204,801 $6,434,847 -4.9%
BECN June 30, 2025 51,407 $6,359,046 No longer tracked
PFE Sept. 30, 2025 257,625 $6,244,830 9.2%
DD Dec. 31, 2025 79,300 $6,177,470 247.6%
SYY March 31, 2025 78,375 $5,992,553 12.2%
AVY March 31, 2025 31,590 $5,911,437 1.9%
APD March 31, 2026 23,897 $5,903,037 6.1%
OC Dec. 31, 2025 40,575 $5,739,740 31.7%
WSO Dec. 31, 2025 14,018 $5,667,477 -6.8%
TSCO June 30, 2026 115,644 $5,238,673 10.4%
ARE Dec. 31, 2025 58,455 $4,871,640 3.4%
LW Dec. 31, 2025 81,678 $4,743,858 29.2%
TGT Sept. 30, 2025 47,876 $4,722,967 78.7%
NVO March 31, 2026 90,890 $4,624,483 26.6%
JJSF Dec. 31, 2025 45,945 $4,414,855 -0.1%
RPAY Dec. 31, 2025 782,881 $4,094,468 1.4%
CME March 31, 2025 16,955 $3,937,460 1.4%
NEOG June 30, 2025 432,098 $3,746,290 152.3%
OMCL Dec. 31, 2025 119,018 $3,624,098 -19.8%
NXRT March 31, 2026 110,965 $3,340,047 -4.8%
DGX Sept. 30, 2025 18,331 $3,292,798 26.5%
AMED Sept. 30, 2025 32,910 $3,238,015 No longer tracked
WBS June 30, 2026 45,829 $3,181,449 1.5%
WEN March 31, 2025 193,600 $3,155,680 -39.7%
PM June 30, 2025 19,731 $3,131,902 4.9%
STAA March 31, 2025 104,919 $2,548,483 37.5%
FIX Dec. 31, 2025 2,229 $1,839,326 78.6%
JEF Dec. 31, 2025 24,380 $1,594,940 -14.9%
ETN June 30, 2025 5,435 $1,477,396 16.7%
CRWD March 31, 2026 3,040 $1,425,030 -49.3%
SWKS March 31, 2026 21,566 $1,367,500 30.0%
SPSC June 30, 2026 22,977 $1,279,130 39.4%
PHR June 30, 2026 152,109 $1,274,673 16.2%
CRL Sept. 30, 2025 825 $125,177 86.0%
SLP June 30, 2026 2,140 $25,295 0.4%
FIVN June 30, 2026 761 $11,544 53.8%
NDAQ June 30, 2026 75 $6,367 23.0%
MICC March 31, 2026 75 $1,189 32.2%