Nicholas Investment Partners, LP

Registered adviser

CIK

1389574

Location

RANCHO SANTA FE, CA

Portfolio Value

Mid $1,559,684,517

Diversification

Diversified

Filing Date

Global Rank

#1,906 / 8,827 ▲ 126

Top Industry

Biotechnology 17.5%

Period ended 4 months ago

Filed Aug 14, 2026 · 3mo

26 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Nov 1, 2026

Form ADV adviser

CRD 140159

Roster of Nov 1, 2026

Regulatory AUM

$1,450,892,122

Main clients

Diversified

Private funds

3 funds · Hedge funds

Focus by fund count, roster of Nov 1, 2026

$348,061,513 gross assets

Registered funds advised

1 series (0 index, 0 ETFs)

$117,735,364 net assets· N-CEN Sep 30, 2025

LEI

254900SQMAEZJ3GYXZ72

Private funds on Schedule D 7.B.(1)

As filed Mar 28, 2024; SEC's bulk Form ADV archive ends with 2024 filings.

$236,001,223 gross assets in 3 funds Hedge funds $213,831,831 (2) Other private funds $22,169,392 (1)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Apr 2026 to Nov 2026	$1,450,892,122	Diversified
Dec 2025 to Mar 2026	$1,311,813,654	Diversified
Apr 2025 to Sep 2025	$1,184,590,858	Diversified
Apr 2024 to Mar 2025	$923,903,714	Diversified
Dec 2023 to Mar 2024	$780,885,921	Diversified
May 2023 to Nov 2023	$1,246,514,745	Diversified

5 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.

Style

Diversified active

Top 10 weight 20.5%, 91.0 effective positions, active share 84.1% against the Russell 1000 as of 2026-06-30; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Medium turnover

77.5% over the last four quarters (30% to under 100%)

Horizon

Horizon unknown

The value-weighted holding period is at least 8.1 quarters, but 9.9% of the book was already held when coverage starts

Closest benchmark: the Russell 1000 as of 2026-06-30, active share 84.1%; sector active share 30.6% against the combined 13F book's sector weights.

Over time 26 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

177 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

3.4%

−1.0 pts

Top 5

12.3%

−1.0 pts

Top 10

20.4%

−2.1 pts

HHI

109

Diversified−8

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Technology	23.9%	$373,047,332	54
Industrials	23.9%	$372,128,700	31
Healthcare	17.7%	$276,790,607	21
Consumer Cyclical	12.0%	$186,922,722	24
Financial Services	6.2%	$96,896,276	14
Energy	5.3%	$82,376,102	11
Consumer Defensive	4.2%	$65,224,244	5
Real Estate	2.9%	$45,450,448	6
Communication Services	2.5%	$38,998,825	6
Basic Materials	1.0%	$15,882,600	3
Utilities	0.3%	$4,932,516	1
Unclassified	0.1%	$1,034,145	1

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
CALY	Callaway Golf Co	+828,394	1,954,378	$36,722,762
OFRM	Once Upon a Farm, PBC	+573,285	784,166	$16,059,719
HAPN	Happen, Inc.	+357,881	624,366	$12,949,350
ELVN	Enliven Therapeutics, Inc.	+208,801	391,529	$19,870,096
XENE	Xenon Pharmaceuticals Inc.	+148,743	395,844	$23,893,143
ROIV	Roivant Sciences Ltd.	+140,855	419,280	$14,838,319
LIND	Lindblad Expeditions Holdings, Inc.	+140,783	339,499	$9,587,451
CYTK	Cytokinetics Inc	+139,226	209,071	$17,810,758
DNTH	Dianthus Therapeutics, Inc.	+135,519	186,769	$18,206,242
CORZ	Core Scientific, Inc.	+109,441	173,701	$4,445,008
FLS	Flowserve Corp	+102,878	148,207	$10,991,031
SHOO	Steven Madden, Ltd.	+99,283	290,447	$12,227,818
AS	Amer Sports, Inc.	+76,297	115,777	$3,917,893
LINC	Lincoln Educational Services Corp	+72,426	531,935	$26,543,556
NLY	Annaly Capital Management Inc	+60,500	167,305	$3,740,939
KLAC	Kla Corp	+49,953	55,492	$16,742,491
JOBY	Joby Aviation, Inc.	+46,370	440,450	$3,928,814
MIRM	Mirum Pharmaceuticals, Inc.	+41,392	172,695	$20,217,403
POWL	Powell Industries Inc	+39,924	58,444	$16,736,023
TGT	Target Corp	+37,030	55,154	$7,203,663
COMP	Compass, Inc.	+30,308	454,200	$5,600,286
KYMR	Kymera Therapeutics, Inc.	+27,222	54,569	$6,257,427
UCTT	Ultra Clean Holdings, Inc.	+25,486	60,338	$8,603,595
MRVL	Marvell Technology, Inc.	+23,884	31,435	$9,364,172
VIAV	Viavi Solutions Inc.	+22,806	210,181	$10,036,142
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
RKLB	Rocket Lab Corp	−158,176	13,341	$1,356,112
INSM	INSMED Inc	−157,184	25,356	$2,703,456
—		−152,026	7,695	$950,333
BE	Bloom Energy Corp	−110,865	684	$207,046
CENX	Century Aluminum Co	−94,403	197,999	$9,109,933
CRDO	Credo Technology Group Holding Ltd	−65,992	977	$265,695
ALAB	Astera Labs, Inc.	−23,587	3,520	$1,700,230
RKT	Rocket Companies, Inc.	−20,140	200,030	$3,150,472
STRL	Sterling Infrastructure, Inc.	−19,568	30,120	$25,281,523
ROAD	Construction Partners, Inc.	−17,740	79,292	$9,417,510
RVMD	Revolution Medicines, Inc.	−16,572	244,594	$45,807,564
TXRH	Texas Roadhouse, Inc.	−16,446	4,382	$846,733
MTSI	MACOM Technology Solutions Holdings, Inc.	−13,396	36,127	$13,741,626
CHRW	C. H. Robinson Worldwide, Inc.	−12,770	9,893	$1,863,247
MSFT	Microsoft Corp	−10,182	14,182	$5,290,169
GEV	GE Vernova Inc.	−9,878	20,532	$24,122,225
NET	Cloudflare, Inc.	−9,723	5,366	$1,316,172
AAOI	Applied Optoelectronics, Inc.	−7,928	45,060	$6,676,089
FN	Fabrinet	−6,491	15,324	$8,613,313
FTAI	FTAI Aviation Ltd.	−6,330	56,344	$15,242,742
CR	Crane Co	−6,294	24,525	$5,470,791
IDCC	InterDigital, Inc.	−5,937	10,300	$2,916,239
TSLA	Tesla, Inc.	−3,964	15,634	$6,575,660
MPC	Marathon Petroleum Corp	−3,696	10,600	$2,710,102
SHOP	Shopify Inc.	−3,597	6,077	$693,871
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
KTB	Kontoor Brands, Inc.	261,117	$21,761,490
RYTM	Rhythm Pharmaceuticals, Inc.	139,270	$15,463,148
LTH	Life Time Group Holdings, Inc.	348,728	$14,242,051
ATRO	Astronics Corp	144,186	$11,716,554
YETI	YETI Holdings, Inc.	211,422	$10,478,074
ECG	Everus Construction Group, Inc.	58,415	$9,693,969
CAVA	Cava Group, Inc.	119,882	$9,408,339
COHU	Cohu Inc	108,413	$8,012,804
MU	Micron Technology Inc	6,861	$7,919,583
PCVX	Vaxcyte, Inc.	131,133	$7,622,761
RHP	Ryman Hospitality Properties, Inc.	58,970	$7,580,593
VSXY	Victoria's Secret & Co.	90,440	$7,549,931
MOG-A	Moog Inc.	17,163	$7,274,365
MXL	Maxlinear, Inc	55,961	$7,164,686
CDNL	Cardinal Infrastructure Group Inc.	64,623	$6,087,486
QBTS	D-Wave Quantum Inc.	230,711	$5,534,756
TH	Target Hospitality Corp.	269,595	$5,488,954
BUD	Anheuser-Busch InBev SA	65,279	$5,378,989
HAL	Halliburton Co	125,217	$4,251,117
RGTI	Rigetti Computing, Inc.	197,683	$3,819,235
DOCN	DigitalOcean Holdings, Inc.	18,997	$2,983,098
VRNS	Varonis Systems Inc	69,040	$2,896,918
FORM	Formfactor Inc	16,897	$2,702,337
CIFR	Cipher Digital Inc.	103,602	$2,538,249
RIOT	Riot Platforms, Inc.	91,446	$2,503,791
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
KTOS	Kratos Defense & Security Solutions, Inc.	390,924	$27,564,051
EMBJ	Embraer S.A.	427,288	$25,355,269
—		130,992	$11,025,596
ABVX	Abivax S.A.	90,206	$10,044,438
OSIS	Osi Systems Inc	31,553	$8,377,637
IDYA	IDEAYA Biosciences, Inc.	248,202	$8,270,090
SKYW	Skywest Inc	62,870	$5,773,352
GAP	Gap Inc	208,656	$5,049,475
MWH	SOLV Energy, Inc.	164,049	$4,926,391
BOOT	Boot Barn Holdings, Inc.	31,597	$4,624,536
NAMS	NewAmsterdam Pharma Co N.V.	125,136	$4,005,603
NTRA	Natera, Inc.	19,353	$3,870,406
VERA	Vera Therapeutics, Inc.	95,932	$3,859,344
GATX	Gatx Corp	22,601	$3,858,894
DSGX	Descartes Systems Group Inc	52,405	$3,750,101
COGT	Cogent Biosciences, Inc.	95,160	$3,662,708
PATK	Patrick Industries Inc	32,123	$3,567,901
JBTM	JBT MAREL Corp	23,699	$3,030,391
UEC	Uranium Energy Corp	222,702	$3,006,477
PCOR	Procore Technologies, Inc.	48,234	$2,749,338
CACI	Caci International Inc	4,979	$2,707,928
QXO	QXO, Inc.	130,897	$2,542,019
CELC	Celcuity Inc.	22,243	$2,538,816
VRDN	Viridian Therapeutics, Inc.\DE	124,257	$2,430,466
ANF	Abercrombie & Fitch Co	20,665	$1,888,161
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

177 tracked positions · $1,559,684,517 total · filing declares 204 positions · $1,775,511,497 · as of Jun 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 177 positions by value · page 1 of 4

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
BWXT	BWX Technologies, Inc. Industrials	Added	272,395	+10,528	$53,021,686	−1.0%	12	$82.18	3.40%
RVMD	Revolution Medicines, Inc. Healthcare	Reduced	244,594	-16,572	$45,807,564	+80.4%	9	$43.50	2.94%
CALY	Callaway Golf Co Consumer Cyclical	Added	1,954,378	+828,394	$36,722,762	+135.0%	2	$14.73	2.35%
MOD	Modine Manufacturing Co Industrials	Added	111,261	+5,127	$29,708,912	+29.2%	4	$154.06	1.90%
CRS	Carpenter Technology Corp Industrials	Added	43,653	+1,897	$26,926,916	+63.6%	6	$211.39	1.73%
LINC	Lincoln Educational Services Corp Consumer Defensive	Added	531,935	+72,426	$26,543,556	+42.0%	2	$33.35	1.70%
NVDA	Nvidia Corp Technology	Added	126,682	+8,335	$25,347,801	+22.8%	26+	before history	1.63%
STRL	Sterling Infrastructure, Inc. Industrials	Reduced	30,120	-19,568	$25,281,523	+24.9%	2	$391.07	1.62%
AXSM	Axsome Therapeutics, Inc. Healthcare	Added	98,974	+17,496	$24,225,865	+75.9%	8	$139.61	1.55%
GEV	GE Vernova Inc. Industrials	Reduced	20,532	-9,878	$24,122,225	−9.1%	9	$196.29	1.55%
XENE	Xenon Pharmaceuticals Inc. Healthcare	Added	395,844	+148,743	$23,893,143	+66.3%	8	$45.63	1.53%
BBIO	BridgeBio Pharma, Inc. Healthcare	Added	311,494	+12,585	$23,200,073	+4.5%	8	$42.31	1.49%
LSCC	Lattice Semiconductor Corp Technology	Added	146,318	+5,687	$22,380,801	+71.6%	26+	before history	1.43%
KTB	Kontoor Brands, Inc. Consumer Cyclical	NEW	261,117	NEW	$21,761,490	NEW	1	$72.94	1.40%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Added	44,929	+3,867	$21,456,742	+54.6%	26+	before history	1.38%
WTFC	Wintrust Financial Corp Financial Services	Added	130,326	+13,485	$20,945,994	+29.0%	11	$102.78	1.34%
SITM	SITIME Corp Technology	Added	27,562	+770	$20,549,124	+122.1%	3	$335.00	1.32%
TFII	TFI International Inc. Industrials	Added	141,226	+7,606	$20,275,816	+39.7%	5	$100.12	1.30%
MIRM	Mirum Pharmaceuticals, Inc. Healthcare	Added	172,695	+41,392	$20,217,403	+66.7%	8	$57.92	1.30%
ELVN	Enliven Therapeutics, Inc. Healthcare	Added	391,529	+208,801	$19,870,096	+177.4%	2	$35.57	1.27%
AVGO	Broadcom Inc. Technology	Held	52,405	0	$19,795,988	+22.0%	17	unpriced	1.27%
SPHR	Sphere Entertainment Co. Communication Services	Added	114,396	+5,646	$19,793,939	+55.0%	4	$58.84	1.27%
DNTH	Dianthus Therapeutics, Inc. Healthcare	Added	186,769	+135,519	$18,206,242	+323.3%	2	$79.27	1.17%
AMZN	Amazon Com Inc Consumer Cyclical	Added	75,046	+4,698	$17,886,463	+22.1%	26+	before history	1.15%
CYTK	Cytokinetics Inc Healthcare	Added	209,071	+139,226	$17,810,758	+286.9%	4	$62.39	1.14%
CCJ	Cameco Corp Energy	Added	173,899	+450	$17,713,352	−6.0%	19	$37.58	1.14%
AEIS	Advanced Energy Industries Inc Industrials	Added	45,677	+5,318	$17,031,582	+30.8%	2	$296.79	1.09%
SKT	Tanger Inc. Real Estate	Added	430,134	+21,308	$16,977,388	+22.2%	13	$25.67	1.09%
RSI	Rush Street Interactive, Inc. Consumer Cyclical	Added	564,544	+21,888	$16,789,538	+42.3%	7	$13.03	1.08%
MPWR	Monolithic Power Systems, Inc. Technology	Added	12,129	+100	$16,766,644	+27.5%	26+	before history	1.08%
KLAC	Kla Corp Technology	Added	55,492	+49,953	$16,742,491	+105.3%	26+	before history	1.07%
POWL	Powell Industries Inc Industrials	Added	58,444	+39,924	$16,736,023	+67.0%	4	unpriced	1.07%
OFRM	Once Upon a Farm, PBC Consumer Defensive	Added	784,166	+573,285	$16,059,719	+365.8%	2	$17.50	1.03%
RYTM	Rhythm Pharmaceuticals, Inc. Healthcare	NEW	139,270	NEW	$15,463,148	NEW	1	$90.41	0.99%
FTAI	FTAI Aviation Ltd. Industrials	Reduced	56,344	-6,330	$15,242,742	−0.7%	9	$94.09	0.98%
ROIV	Roivant Sciences Ltd. Healthcare	Added	419,280	+140,855	$14,838,319	+92.4%	4	$18.75	0.95%
XOM	ExxonMobil Holdings Corp Energy	Held	105,500	0	$14,423,960	−19.4%	22	$52.73	0.92%
LTH	Life Time Group Holdings, Inc. Consumer Cyclical	NEW	348,728	NEW	$14,242,051	NEW	1	$31.74	0.91%
PARR	Par Pacific Holdings, Inc. Energy	Reduced	250,545	-242	$14,050,563	−10.6%	5	$20.36	0.90%
MTSI	MACOM Technology Solutions Holdings, Inc. Technology	Reduced	36,127	-13,396	$13,741,626	+25.0%	5	$130.52	0.88%
SMTC	Semtech Corp Technology	Added	84,478	+12,157	$13,672,764	+145.9%	3	$80.61	0.88%
GS	Goldman Sachs Group Inc Financial Services	Held	13,000	0	$13,147,810	+19.5%	23	$302.40	0.84%
XPO	XPO, Inc. Industrials	Reduced	63,583	-96	$13,052,954	+5.4%	13	$96.58	0.84%
HAPN	Happen, Inc. Financial Services	Added	624,366	+357,881	$12,949,350	+239.3%	4	$16.86	0.83%
SHOO	Steven Madden, Ltd. Consumer Cyclical	Added	290,447	+99,283	$12,227,818	+88.6%	3	$39.22	0.78%
PL	Planet Labs PBC Industrials	Added	355,366	+17,443	$11,773,275	+24.7%	6	$6.74	0.75%
ATRO	Astronics Corp Industrials	NEW	144,186	NEW	$11,716,554	NEW	1	unpriced	0.75%
ONTO	Onto Innovation Inc. Technology	Added	29,952	+1,409	$11,335,334	+93.7%	3	$157.97	0.73%
AGX	Argan Inc Industrials	Added	14,190	+2,928	$11,331,424	+84.7%	2	$460.90	0.73%
GOOG	Alphabet Inc. Communication Services	Added	31,202	+2,250	$11,024,602	+32.7%	26+	before history	0.71%

Showing the top 50 of 177 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.