Nicolet Bankshares Portfolio holdings

AUM $498M

AUM

$498M

AUM Growth

+$74.2M (+18%)

Cap. Flow

-$5.04M

Cap. Flow % of AUM

-1.01%

Top 10 Holdings %Top 10 Hldgs %

52.63%

Holding

200

New

Increased

Reduced

Closed

Top Buys

1	Nicolet Bankshares NIC	$5.01M
2	Vanguard S&P 500 ETF VOO	$2.39M
3	Avantis Emerging Markets Equity ETF AVEM	$418K
4	Vanguard Mid-Cap ETF VO	$402K
5	Avantis Real Estate ETF AVRE	$268K

Top Sells

1	iShares 10-20 Year Treasury Bond ETF TLH	$4.42M
2	iShares National Muni Bond ETF MUB	$1.64M
3	NVIDIA NVDA	$928K
4	Vanguard Long-Term Treasury ETF VGLT	$762K
5	Amazon AMZN	$730K

Sector Composition

1	Financials	24.15%
2	Technology	10.77%
3	Consumer Discretionary	3.77%
4	Industrials	3.64%
5	Healthcare	3.63%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
1	1 Nicolet Bankshares NIC $1.77B	$96.8M	19.43%	888,335 +45,950	+5%	+$5.01M
2	2 SPDR Portfolio S&P 500 Value ETF SPYV $25.9B	$55.3M	11.11%	1,083,789 +5,116	+0.5%	+$261K
3	3 SPDR Portfolio S&P 500 Growth ETF SPYG $35.1B	$30.2M	6.06%	375,568 +2,250	+0.6%	+$181K
4	4 Apple AAPL $2.93T	$14.4M	2.89%	64,752 -3,148	-5%	-$699K
5	5 SPDR S&P 500 ETF Trust SPY $632B	$12.6M	2.54%	22,584 +117	+0.5%	+$65.4K
6	6 Vanguard S&P 500 ETF VOO $665B	$11.4M	2.3%	22,280 +4,659	+26%	+$2.39M
7	7 iShares S&P 500 Growth ETF IVW $57.3B	$11.3M	2.27%	121,671 -417	-0.3%	-$38.7K
8	8 Microsoft MSFT $3.53T	$10.9M	2.19%	29,038 -1,783	-6%	-$669K
9	9 Avantis Emerging Markets Equity ETF AVEM $10.2B	$10.9M	2.19%	181,017 +6,948	+4%	+$418K
10	10 NVIDIA NVDA $3.46T	$8.25M	1.66%	76,102 -8,561	-10%	-$928K
11	11 Alerian MLP ETF AMLP $10.5B	$7.03M	1.41%	135,426 -4,308	-3%	-$224K
12	12 Alerian MLP Index ETNs due January 28 2044 AMJB $721M	$6.6M	1.33%	203,240 -1,778	-0.9%	-$57.7K
13	13 iShares Core S&P 500 ETF IVV $589B	$6.19M	1.24%	11,009 +29	+0.3%	+$16.3K
14	14 Amazon AMZN $2.25T	$6.17M	1.24%	32,404 -3,836	-11%	-$730K
15	15 iShares S&P 500 Value ETF IVE $38.1B	$6.11M	1.23%	32,054 +84	+0.3%	+$16K
16	16 Avantis Real Estate ETF AVRE $591M	$6.04M	1.21%	140,446 +6,241	+5%	+$268K
17	17 Costco COST $439B	$6M	1.2%	6,343 -361	-5%	-$341K
18	18 Vanguard FTSE Developed Markets ETF VEA $160B	$5.92M	1.19%	116,395 +1,209	+1%	+$61.5K
19	19 iShares Russell 1000 Growth ETF IWF $107B	$5.69M	1.14%	15,767 +559	+4%	+$202K
20	20 iShares MSCI EAFE ETF EFA $62.7B	$5.62M	1.13%	68,741 +1,701	+3%	+$139K
21	21 JPMorgan Chase JPM $736B	$5.57M	1.12%	22,693 -1,649	-7%	-$405K
22	22 Alphabet (Google) Class C GOOG $2.13T	$4.61M	0.93%	29,490 -4,002	-12%	-$625K
23	23 Mastercard MA $510B	$3.73M	0.75%	6,808 -564	-8%	-$309K
24	24 Meta Platforms (Facebook) META $1.72T	$3.48M	0.7%	6,044 -828	-12%	-$477K
25	25 Vanguard Value ETF VTV $135B	$3.35M	0.67%	19,396 -150	-0.8%	-$25.9K