We are live on ! Find out more
NAS

Nicolet Advisory Services Portfolio holdings

AUM $1.48B
1-Year Est. Return 17.28%
This Fund
S&P 500
This Quarter Est. Return
+2.31%
1 Year Est. Return
+17.28%
3 Year Est. Return
+62.72%
5 Year Est. Return
+62.5%
10 Year Est. Return
–
AUM
$1.48B
AUM Growth
+$199M
Cap. Flow
+$152M
Cap. Flow %
10.26%
Top 10 Hldgs %
49.35%
Holding
449
New
35
Increased
207
Reduced
159
Closed
28

Top Buys

Rank Stock Value
1
SPYM
State Street SPDR Portfolio S&P 500 ETF
SPYM
+$285M
2
AVEM icon
Avantis Emerging Markets Equity ETF
AVEM
+$20.4M
3
VEA icon
Vanguard FTSE Developed Markets ETF
VEA
+$9.61M
4
VTEB icon
Vanguard Tax-Exempt Bond Index Fund
VTEB
+$6.74M
5
VOO icon
Vanguard S&P 500 ETF
VOO
+$6.62M

Top Sells

Rank Stock Value
1
SPYV icon
State Street SPDR Portfolio S&P 500 Value ETF
SPYV
+$110M
2
SPYG icon
State Street SPDR Portfolio S&P 500 Growth ETF
SPYG
+$101M
3
AMJB icon
Alerian MLP Index ETNs due January 28 2044
AMJB
+$8.34M
4
AVRE icon
Avantis Real Estate ETF
AVRE
+$3.96M
5
IGF icon
iShares Global Infrastructure ETF
IGF
+$3.77M

Sector Composition

Rank Sector Weight
1 Technology 10.43%
2 Financials 6.63%
3 Industrials 3.55%
4 Consumer Staples 3.5%
5 Consumer Discretionary 3.11%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
LNT icon
301
Alliant Energy
LNT
$19.1B
$343K 0.02%
5,259
+84
+2% +$5.63K
ETY icon
302
Eaton Vance Tax-Managed Diversified Equity Income Fund
ETY
$2.26B
$342K 0.02%
22,045
-952
-4% -$14.8K
VBR icon
303
Vanguard Small-Cap Value ETF
VBR
$37.3B
$340K 0.02%
1,535
-138
-8% -$28.9K
AMP icon
304
Ameriprise Financial
AMP
$47.6B
$339K 0.02%
665
+3
+0.5% +$1.42K
CSGP icon
305
CoStar Group
CSGP
$11.9B
$338K 0.02%
5,693
-3,951
-41% -$280K
PLUS icon
306
ePlus
PLUS
$2.33B
$337K 0.02%
3,800
+464
+14% +$38.3K
NOVT icon
307
Novanta
NOVT
$5.01B
$335K 0.02%
2,600
-1,446
-36% -$165K
CI icon
308
Cigna
CI
$77B
$334K 0.02%
1,209
-89
-7% -$25K
STX icon
309
Seagate
STX
$185B
$331K 0.02%
1,029
-209
-17% -$54.2K
AB icon
310
AllianceBernstein
AB
$3.54B
$331K 0.02%
8,598
– –
ANET icon
311
Arista Networks
ANET
$215B
$330K 0.02%
2,675
+1,105
+70% +$152K
FDX icon
312
FedEx
FDX
$73.5B
$330K 0.02%
1,058
-13
-1% -$3.41K
PHG icon
313
Philips
PHG
$24.3B
$328K 0.02%
11,420
+193
+2% +$5.15K
VRTX icon
314
Vertex Pharmaceuticals
VRTX
$122B
$327K 0.02%
711
-124
-15% -$53.4K
AKRE
315
Akre Focus ETF
AKRE
$5.22B
$315K 0.02%
+4,797
New +$311K
ECL icon
316
Ecolab
ECL
$76.4B
$315K 0.02%
1,162
+31
+3% +$8.26K
KMI icon
317
Kinder Morgan
KMI
$70.6B
$313K 0.02%
11,642
+225
+2% +$6.08K
DDOG icon
318
Datadog
DDOG
$89.7B
$313K 0.02%
2,471
+199
+9% +$31.4K
GILD icon
319
Gilead Sciences
GILD
$162B
$312K 0.02%
2,542
+215
+9% +$26.1K
POOL icon
320
Pool Corp
POOL
$6.73B
$308K 0.02%
1,191
-875
-42% -$228K
ARES icon
321
Ares Management
ARES
$28.8B
$308K 0.02%
1,766
-76
-4% -$11.8K
LHX icon
322
L3Harris
LHX
$56.5B
$306K 0.02%
+898
New +$260K
SNOW icon
323
Snowflake
SNOW
$94.6B
$304K 0.02%
1,381
+313
+29% +$76.4K
SPOT icon
324
Spotify
SPOT
$102B
$303K 0.02%
571
-4
-0.7% -$2.5K
D icon
325
Dominion Energy
D
$61.8B
$302K 0.02%
5,169
+455
+10% +$27.4K
11 12
13
14 15

Similar funds

MPM
Meritage Portfolio Management Overland Park, Kansas $1.51B AUM 26.61% 1-Year Est. Return
GH
GAM Holding Zurich, Switzerland $1.57B AUM 25.73% 1-Year Est. Return
JCM
Janney Capital Management Pittsburgh, Pennsylvania $1.59B AUM 23.25% 1-Year Est. Return
LGWM
Litman Gregory Wealth Management Larkspur, California $1.37B AUM 16.95% 1-Year Est. Return
APW
Austin Private Wealth Austin, Texas $1.35B AUM 17.75% 1-Year Est. Return
MSFS
Main Street Financial Solutions Newtown, Pennsylvania $1.34B AUM 19.49% 1-Year Est. Return
CB
Cadence Bank Tupelo, Mississippi $1.71B AUM 16.17% 1-Year Est. Return
QLSGSCF
Quent Long Short Global Small Cap Fund New York $1.23B AUM

Nicolet Advisory Services's Q4 2025 Portfolio in Review

As of Q4 2025, Nicolet Advisory Services held 449 positions worth $1.48B, up 15% from $1.29B the previous quarter. Its ten largest holdings account for 49% of the portfolio.

Nicolet Advisory Services deployed $152M of net new capital in Q4 2025, opening 35 new positions and adding to 207 existing holdings. Its largest new stake was Vanguard Russell 1000 ETF: 16,135 shares worth $5.09M.

By sector, the portfolio is most concentrated in Technology at 10% of assets, down from 11% a quarter earlier, followed by Financials and Industrials.

On the sell side, the largest reduction was State Street SPDR Portfolio S&P 500 Value ETF, an estimated $110M trimmed.

  • Nicolet Advisory Services's largest Q4 2025 buy was Vanguard Russell 1000 ETF: 16,135 shares worth $5.09M.
  • Nicolet Advisory Services added most to State Street SPDR Portfolio S&P 500 ETF in Q4 2025, an estimated $285M increase.
  • Nicolet Advisory Services's biggest Q4 2025 reduction was State Street SPDR Portfolio S&P 500 Value ETF, cutting an estimated $110M.
  • Nicolet Advisory Services fully exited State Street SPDR S&P Global Infrastructure ETF in Q4 2025, selling an estimated $965K.
  • Nicolet Advisory Services's ten largest holdings make up 49% of its $1.48B portfolio in Q4 2025.
  • Nicolet Advisory Services opened 35 new positions and closed 28 in Q4 2025.
  • Nicolet Advisory Services's portfolio value rose 15% quarter-over-quarter to $1.48B.

Based on Nicolet Advisory Services's 13F filing for Q4 2025, filed 13 Feb 2026.