NICHOLAS COMPANY, INC.

CIK

903949

Location

MILWAUKEE, WI

Portfolio Value

Small $205,199,447

Diversification

Diversified

Filing Date

Global Rank

#680 / 8,586 ▼ 23

Top Industry

Semiconductors 9.4%

3Y Alpha vs SPY

-13.8%

Period ended 3 months ago

Filed May 4, 2026 · 43d

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+24.2%

SPY

+78.1%

Annualised alpha

-13.7%

Max drawdown

−19.7%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

202 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

4.1%

+0.1 pts

Top 5

16.5%

−0.4 pts

Top 10

25.0%

+0.1 pts

HHI

136

Diversified+2

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	33.8%	$1,654,243,082	60
Consumer Cyclical	15.1%	$737,433,115	24
Healthcare	14.7%	$720,689,376	35
Industrials	13.3%	$650,747,884	33
Financial Services	10.7%	$522,071,958	22
Consumer Defensive	4.2%	$205,199,447	10
Communication Services	3.0%	$145,506,635	2
Basic Materials	2.9%	$143,862,279	3
Real Estate	1.0%	$51,143,192	5
Utilities	0.7%	$32,290,826	4
Energy	0.6%	$27,117,569	4

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
AVGO	Broadcom Inc.	+242,855	263,472	$81,547,218
NFLX	Netflix Inc	+196,935	803,210	$77,228,641
PANW	Palo Alto Networks Inc	+120,730	344,380	$55,211,001
BSX	Boston Scientific Corp	+114,116	741,274	$46,514,943
SYY	Sysco Corp	+61,465	92,380	$6,589,465
WCN	Waste Connections, Inc.	+59,035	508,147	$82,543,398
CDNS	Cadence Design Systems Inc	+58,282	194,428	$54,025,708
ALKT	Alkami Technology, Inc.	+34,285	346,582	$5,430,939
AAPL	Apple Inc.	+31,135	662,630	$168,168,867
ROP	Roper Technologies Inc	+29,160	109,535	$38,760,055
CMG	Chipotle Mexican Grill Inc	+27,660	379,350	$12,142,993
RYAN	Ryan Specialty Holdings, Inc.	+25,030	143,670	$4,847,425
ETN	Eaton Corp plc	+24,955	181,180	$64,802,650
JCI	Johnson Controls International plc	+18,295	440,030	$57,621,928
NOW	ServiceNow, Inc.	+17,900	443,915	$46,411,313
CSCO	Cisco Systems, Inc.	+15,660	105,000	$8,146,950
MDT	Medtronic plc	+14,785	85,600	$7,417,240
LNT	Alliant Energy Corp	+14,250	102,485	$7,354,323
WEC	Wec Energy Group, Inc.	+12,745	63,380	$7,337,502
VIK	Viking Holdings Ltd	+12,675	173,925	$12,780,009
BAH	Booz Allen Hamilton Holding Corp	+10,540	71,175	$5,553,785
MSFT	Microsoft Corp	+9,429	451,856	$167,263,535
HLT	Hilton Worldwide Holdings Inc.	+9,075	49,045	$14,913,603
TSCO	Tractor Supply Co /De/	+8,935	115,644	$5,238,673
SN	SharkNinja, Inc.	+8,370	124,411	$13,175,124
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
KO	Coca Cola Co	−299,797	785,813	$59,761,078
SLP	Simulations Plus, Inc.	−260,572	2,140	$25,294
DT	Dynatrace, Inc.	−217,464	226,149	$8,362,990
TECH	BIO-TECHNE Corp	−207,925	182,869	$9,556,733
TJX	Tjx Companies Inc /De/	−120,630	536,200	$85,631,140
WBS	Webster Financial Corp	−105,640	45,829	$3,181,449
ADBE	Adobe Inc.	−98,876	75,750	$18,413,310
PHR	Phreesia, Inc.	−96,543	152,109	$1,274,673
SBUX	Starbucks Corp	−87,385	646,565	$57,925,758
FOUR	Shift4 Payments, Inc.	−86,587	93,963	$4,109,001
NDAQ	Nasdaq, Inc.	−85,470	75	$6,366
ESTC	Elastic N.V.	−81,315	120,456	$6,021,595
LRCX	Lam Research Corp	−69,510	251,582	$53,753,010
WDAY	Workday, Inc.	−64,730	217,285	$28,229,667
GMED	Globus Medical Inc	−58,272	249,449	$21,492,525
CNS	Cohen & Steers, Inc.	−51,378	125,665	$7,860,345
CMS	Cms Energy Corp	−49,575	102,465	$7,949,234
TXN	Texas Instruments Inc	−42,692	289,437	$56,191,299
SPSC	Sps Commerce Inc	−41,441	22,977	$1,279,129
AMD	Advanced Micro Devices Inc	−40,369	257,476	$52,378,342
IIIV	i3 Verticals, Inc.	−37,521	293,827	$6,569,971
ZS	Zscaler, Inc.	−34,855	227,842	$31,963,954
MCHP	Microchip Technology Inc	−33,555	370,152	$23,915,520
WING	Wingstop Inc.	−31,526	42,011	$6,510,444
DCI	DONALDSON Co INC	−29,155	38,125	$3,235,668
No positions match the current search.

New Positions

Positions the filer opened this quarter

9 positions

Ticker	Company	Shares	Value
AZN	Astrazeneca PLC	410,238	$80,907,138
CRL	Charles River Laboratories International, Inc.	71,940	$12,409,650
DDOG	Datadog, Inc.	92,645	$10,936,742
LIN	Linde PLC	16,715	$8,286,628
PLD	Prologis, Inc.	52,485	$6,937,467
HON	Honeywell International Inc	30,405	$6,872,442
ACN	Accenture plc	33,865	$6,715,090
ESAB	ESAB Corp	28,230	$2,728,711
TW	Tradeweb Markets Inc.	20,890	$2,457,917
No positions match the current search.

Sold Out

Positions the filer fully exited

10 positions

Ticker	Company	Shares	Value
TEAM	Atlassian Corp	306,819	$49,747,632
CARR	CARRIER GLOBAL Corp	922,625	$48,751,505
TTD	Trade Desk, Inc.	1,016,743	$38,595,564
LECO	Lincoln Electric Holdings Inc	31,420	$7,529,488
APD	Air Products & Chemicals, Inc.	23,897	$5,903,036
NVO	Novo Nordisk A S	90,890	$4,624,483
NXRT	NexPoint Residential Trust, Inc.	110,965	$3,340,046
CRWD	CrowdStrike Holdings, Inc.	3,040	$1,425,030
SWKS	Skyworks Solutions, Inc.	21,566	$1,367,500
MICC	Magnum Ice Cream Co N.V.	75	$1,188
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

10 positions · $205,199,447 total · Consumer Defensive only · as of Mar 31, 2026

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

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
COST	Costco Wholesale Corp /New Consumer Defensive	Reduced	84,494	-3,782	$84,192,356	+10.6%	41.03%
KO	Coca Cola Co Consumer Defensive	Reduced	785,813	-299,797	$59,761,078	−21.3%	29.12%
BJ	BJ's Wholesale Club Holdings, Inc. Consumer Defensive	Held	192,994	0	$18,994,469	+9.3%	9.26%
UL	Unilever PLC Consumer Defensive	Reduced	129,768	-1	$7,392,882	−12.9%	3.60%
PG	PROCTER & GAMBLE Co Consumer Defensive	Held	46,683	0	$6,742,892	+0.8%	3.29%
SYY	Sysco Corp Consumer Defensive	Added	92,380	+61,465	$6,589,465	+189.2%	3.21%
MAMA	Mama's Creations, Inc. Consumer Defensive	Reduced	392,816	-1,785	$6,025,797	+13.2%	2.94%
MDLZ	Mondelez International, Inc. Consumer Defensive	Held	99,966	0	$5,762,040	+7.1%	2.81%
OLLI	Ollie's Bargain Outlet Holdings, Inc. Consumer Defensive	Reduced	61,385	-335	$5,649,875	−16.5%	2.75%
NOMD	Nomad Foods Ltd Consumer Defensive	Reduced	425,452	-2,325	$4,088,593	−23.6%	1.99%