SEC 13F Intelligence

Managers / Q3 2022 · view latest →

NICOLET BANKSHARES INC

CIK 0001174850 · 111 N WASHINGTON ST, GREEN BAY, WI, 54301 · 920 430 1400

Reported Value
$350M
Q3 2022
Positions
193
Filings on Record
30
2019–present window
Filed
Nov 10, 2022
original filing

Summary

Nicolet Bankshares Inc reported $350M in U.S.-listed holdings across 193 positions for Q3 2022.

Its largest position, NIC, represents 18.8% of the portfolio.

Compared with Q2 2022, the fund opened 4 new positions and exited 23.

Portfolio Metrics

Turnover
+0.9%
vs prior filed quarter
Top-10 Concentration
+53.1%
share of reported value
Largest Position
+18.8%
Nicolet Bankshares
New / Exited
4 / 23
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $208MQ4 ’18Q1 ’19: $242MQ2 ’19: $240MQ3 ’19: $250MQ4 ’19: $270MQ4 ’19Q1 ’20: $222MQ2 ’20: $265MQ3 ’20: $288MQ4 ’20: $324MQ4 ’20Q1 ’21: $362MQ2 ’21: $380MQ3 ’21: $388MQ4 ’21: $454MQ4 ’21Q1 ’22: $465MQ2 ’22: $384MQ3 ’22: $350MQ4 ’22: $291MQ4 ’22Q1 ’23: $308MQ2 ’23: $352MQ3 ’23: $326MQ4 ’23: $371MQ4 ’23Q1 ’24: $405MQ2 ’24: $403MQ3 ’24: $413MQ4 ’24: $424MQ4 ’24Q1 ’25: $498MQ2 ’25: $579MQ3 ’25: $622MQ4 ’25: $624MQ4 ’25Q1 ’26: $2.7Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 55.9%ETP: 42.8%Other: 0.8%REIT: 0.4%ADR: 0.1%
  • Common Stock · 55.9% · $196M
  • ETP · 42.8% · $150M
  • Other · 0.8% · $3M
  • REIT · 0.4% · $1M
  • ADR · 0.1% · $262,000

Quarter-over-Quarter Changes full breakdown →

vs Q2 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
BIIBBIOGEN INCNEW+1.2K1.2K+$317,000$317,000
CDWCDW CORPNEW+1.3K1.3K+$207,000$207,000
COPCONOCOPHILLIPSNEW+2.0K2.0K+$206,000$206,000
FCXFREEPORT-MCMORAN INCNEW+7.4K7.4K+$203,000$203,000
GOOGALPHABET INC CAP STK CL CADDED+34.8K36.6K−$403,000$4M
GOOGLALPHABET INC CAP STK CL AADDED+22.3K23.6K−$423,000$2M
ISHARES NATIONAL MUNI BOND ETFADDED+4.6K6.9K+$467,000$712,000
PANWPALO ALTO NETWORKS INCADDED+5.5K8.2K−$22,000$1M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q3 2022

49 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1NICNICOLET BANKSHARES INChistory →COMMON STOCK18.81%$66M934.9K
2SPDR PORTFOLIO S&P 500 VALUE ETFOTHER10.93%$38M1.11M
3SPDR PORTFOLIO S&P 500 GROWTH ETFOTHER6.32%$22M441.6K
4VANGUARD TOTAL BOND MARKET ETFOTHER3.72%$13M182.4K
5AAPLAPPLE INChistory →COMMON STOCK3.18%$11M80.6K
6ISHARES S&P 500 BARRA GROWTH INDEX FUNDOTHER2.37%$8M143.2K
7MSFTMICROSOFT CORPhistory →COMMON STOCK2.21%$8M33.2K
8AMJEURJPM ALERIAN MLP INDEX ETNhistory →OTHER2.01%$7M351.5K
9SPDR S&P 500 ETF TRUSTOTHER1.95%$7M19.1K
10VANGUARD FTSE DEVELOPED MARKETSOTHER1.65%$6M159.3K
11GOOGALPHABET INC CAP STK CL CCOMMON STOCK1.65%$6M60.1K
12ISHARES RUSSELL 1000 GROWTH INDEX FDOTHER1.35%$5M22.6K
13ISHARES S&P 500/VALUEOTHER1.21%$4M33.0K
14AMZNAMAZON.COM INChistory →COMMON STOCK1.08%$4M33.4K
15ISHARES MSCI EAFE INDEX FDOTHER1.03%$4M64.6K
16COSTCOSTCO WHOLESALE CORPhistory →COMMON STOCK1.01%$4M7.5K
17VANGUARD S&P 500 ETFOTHER0.99%$3M10.6K
18VTVVANGUARD VALUE ETFOTHER0.97%$3M27.4K
19ISHARES CORE S&P 500 ETFOTHER0.82%$3M8.0K
20ALPS ETF TR ALERIAN MLP ETF NEWOTHER0.82%$3M78.4K
21JPMJPMORGAN CHASE & COCOMMON STOCK0.80%$3M26.7K
22ABTABBOTT LABSCOMMON STOCK0.74%$3M26.7K
23EXMOCEXXON MOBIL CORPCOMMON STOCK0.69%$2M27.8K
24JNJJOHNSON & JOHNSONCOMMON STOCK0.68%$2M14.6K
25PGPROCTER & GAMBLE COCOMMON STOCK0.64%$2M17.8K
26KOCOCA COLA COCOMMON STOCK0.63%$2M39.5K
27WECWEC ENERGY GROUP INCCOMMON STOCK0.63%$2M24.5K
28MAMASTERCARD INCCOMMON STOCK0.60%$2M7.4K
29MCDMCDONALDS CORPCOMMON STOCK0.56%$2M8.5K
30CVSCVS HEALTH CORPORATIONCOMMON STOCK0.55%$2M20.2K
31ISHARES RUSSELL 1000 VALUE INDEX FUNDOTHER0.54%$2M13.9K
32SNDRSCHNEIDER NATIONAL INCCOMMON STOCK0.53%$2M91.0K
33BRK/BBERKSHIRE HATHAWAY INC DEL CL B NEWCOMMON STOCK0.53%$2M6.9K
34PFEPFIZER INCCOMMON STOCK0.53%$2M42.1K
35DEDEERE & COCOMMON STOCK0.51%$2M5.3K
36DHRDANAHER CORPCOMMON STOCK0.50%$2M6.8K
37CHVCHEVRON CORPORATIONCOMMON STOCK0.50%$2M12.1K
38HDHOME DEPOT INCCOMMON STOCK0.49%$2M6.3K
39VANGUARD LARGE-CAP ETFOTHER0.49%$2M10.4K
40ISHARES RUSSELL 2000 INDEX FDOTHER0.47%$2M10.0K
41NVDANVIDIA CORPCOMMON STOCK0.45%$2M13.1K
42BMYBRISTOL MYERS SQUIBB COCOMMON STOCK0.45%$2M22.1K
43PEPPEPSICO INCCOMMON STOCK0.43%$2M9.2K
44NDQINVESCO QQQ TR UNIT SER 1OTHER0.43%$1M5.6K
45AMTAMERICAN TOWER CORPCOMMON STOCK0.42%$1M6.9K
46VUGVANGUARD GROWTH ETFOTHER0.42%$1M6.9K
47CRMSALESFORCE, INC.COMMON STOCK0.42%$1M10.2K
48ICEINTERCONTINENTAL EXCHANGE, INCCOMMON STOCK0.40%$1M15.7K
49J P MORGAN EXCHANGE TRADED FDOTHER0.40%$1M30.5K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$2.7B832May 14, 202613F-HRchanges · EDGAR ↗
Q4 2025$624M231Feb 9, 202613F-HRchanges · EDGAR ↗
Q3 2025$622M223Nov 13, 202513F-HRchanges · EDGAR ↗
Q2 2025$579M212Aug 13, 202513F-HRchanges · EDGAR ↗
Q1 2025$498M204May 14, 202513F-HRchanges · EDGAR ↗
Q4 2024$424M200Feb 13, 202513F-HRchanges · EDGAR ↗
Q3 2024$413M211Nov 12, 202413F-HRchanges · EDGAR ↗
Q2 2024$403M219Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$405M227May 9, 202413F-HRchanges · EDGAR ↗
Q4 2023$371M213Feb 13, 202413F-HRchanges · EDGAR ↗
Q3 2023$326M197Nov 9, 202313F-HRchanges · EDGAR ↗
Q2 2023$352M211Aug 9, 202313F-HRchanges · EDGAR ↗
Q1 2023$308M208May 9, 202313F-HRchanges · EDGAR ↗
Q4 2022$291M207Feb 9, 202313F-HRchanges · EDGAR ↗
Q3 2022$350M193Nov 10, 202213F-HRchanges · EDGAR ↗
Q2 2022$384M213Aug 8, 202213F-HRchanges · EDGAR ↗
Q1 2022$465M220May 10, 202213F-HRchanges · EDGAR ↗
Q4 2021$454M217Feb 9, 202213F-HRchanges · EDGAR ↗
Q3 2021$388M215Nov 16, 202113F-HRchanges · EDGAR ↗
Q2 2021$380M218Aug 11, 202113F-HRchanges · EDGAR ↗
Q1 2021$362M214May 3, 202113F-HRchanges · EDGAR ↗
Q4 2020$324M199Feb 2, 202113F-HRchanges · EDGAR ↗
Q3 2020$288M192Oct 27, 202013F-HRchanges · EDGAR ↗
Q2 2020$265M188Jul 22, 202013F-HRchanges · EDGAR ↗
Q1 2020$222M175Apr 22, 202013F-HRchanges · EDGAR ↗
Q4 2019$270M192Jan 24, 202013F-HRchanges · EDGAR ↗
Q3 2019$250M190Oct 22, 201913F-HRchanges · EDGAR ↗
Q2 2019$240M185Jul 30, 201913F-HRchanges · EDGAR ↗
Q1 2019$242M186Apr 26, 201913F-HRchanges · EDGAR ↗
Q4 2018$208M175Feb 6, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.