SEC 13F Intelligence

Managers / Q1 2021 · view latest →

Nicollet Investment Management, Inc.

CIK 0001729048 · 800 NORTH WASHINGTON AVENUE, SUITE 150, MINNEAPOLIS, MN, 55401 · 6129153033

Reported Value
$228M
Q1 2021
Positions
67
Filings on Record
29
2019–present window
Filed
May 10, 2021
original filing

Summary

Nicollet Investment Management, Inc. reported $228M in U.S.-listed holdings across 67 positions for Q1 2021.

Its largest position, AAPL, represents 11.9% of the portfolio.

Compared with Q4 2020, the fund opened 5 new positions and exited 0.

Portfolio Metrics

Turnover
+3.2%
vs prior filed quarter
Top-10 Concentration
+55.4%
share of reported value
Largest Position
+11.9%
Apple Computer

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, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. 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
Q1 ’19: $152MQ1 ’19Q2 ’19: $159MQ3 ’19: $158MQ4 ’19: $214MQ1 ’20: $135MQ1 ’20Q2 ’20: $180MQ3 ’20: $198MQ4 ’20: $223MQ1 ’21: $228MQ1 ’21Q2 ’21: $246MQ3 ’21: $238MQ4 ’21: $249MQ1 ’22: $225MQ1 ’22Q2 ’22: $186MQ3 ’22: $183MQ4 ’22: $173MQ1 ’23: $192MQ1 ’23Q2 ’23: $225MQ3 ’23: $223MQ4 ’23: $245MQ1 ’24: $271MQ1 ’24Q2 ’24: $268MQ3 ’24: $289MQ4 ’24: $291MQ1 ’25: $284MQ1 ’25Q2 ’25: $299MQ3 ’25: $307MQ4 ’25: $316MQ1 ’26: $292MQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 88.5%ETP: 6.7%ADR: 3.6%REIT: 1.2%
  • Common Stock · 88.5% · $202M
  • ETP · 6.7% · $15M
  • ADR · 3.6% · $8M
  • REIT · 1.2% · $3M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
LULULululemon Athletica IncNEW+2.5K2.5K+$779,000$779,000
Draftkings IncNEW+12.3K12.3K+$754,000$754,000
FuboTV IncNEW+31.4K31.4K+$694,000$694,000
MDTMedtronic IncNEW+1.8K1.8K+$212,000$212,000
VCELVericel CorpNEW+3.8K3.8K+$209,000$209,000
XELXCEL Energy IncTRIMMED−1.5K4.2K−$100,000$281,000
SCHMSchwab U.S. Mid Cap ETFADDED+2.2K12.5K+$226,000$928,000
IWLIshares Russell Top 200 ETFADDED+1.2K10.6K+$154,000$1M

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

Holdings — Q1 2021

66 positions (from 67 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AAPLApple Computerhistory →COM11.88%$27M221.9K
2AMZNAmazon Com Inc.history →COM8.68%$20M6.4K
3GOOGAlphabet Inc Cl CCOM7.24%$17M8.0K
4MSFTMicrosoft Corphistory →COM7.22%$16M69.9K
5METAFacebookhistory →COM4.17%$10M32.3K
6VVisa Inchistory →COM3.99%$9M43.0K
7PYPLPaypal Holdings Inchistory →COM3.85%$9M36.1K
8TSLATesla Motors Inchistory →COM3.63%$8M12.4K
9SCHXSchwab U.S. Large Cap ETFhistory →ETF2.53%$6M60.1K
10BABAAlibaba Group Holdings Ltdhistory →COM2.23%$5M22.4K
11LUVSouthwest Airlineshistory →COM2.21%$5M82.5K
12GWWGrainger W W Inchistory →COM2.04%$5M11.6K
13FISVFiserv Inchistory →COM1.86%$4M35.6K
14HONHoneywell Intl Inchistory →COM1.84%$4M19.3K
15KOCoca Cola Co.history →COM1.74%$4M75.2K
16JPMJ.P. Morgan Chase & Co.history →COM1.73%$4M26.0K
17NOWServicenow, Inchistory →COM1.72%$4M7.8K
18UNHUnitedhealth Group Inchistory →COM1.57%$4M9.6K
19JNJJohnson & Johnsonhistory →COM1.56%$4M21.7K
20LMTLockheed Martin Corphistory →COM1.51%$3M9.3K
21SAPSAP SEhistory →COM1.42%$3M26.4K
22HDHome Depot Inc.history →COM1.37%$3M10.3K
23PGProcter & Gamblehistory →COM1.36%$3M23.0K
24MRKMerck & Co.history →COM1.31%$3M38.8K
25UNPUnion Pacific Corphistory →COM1.28%$3M13.3K
26TJXTJX Cos Inc Newhistory →COM1.20%$3M41.6K
27FISFIShistory →COM1.18%$3M19.2K
28EQIXEquinix, Inchistory →COM1.16%$3M3.9K
29SPYSPDR S&P 500 ETFhistory →ETF1.11%$3M6.4K
30CBChubb Ltd FCOM1.00%$2M14.4K
31AKAMAkamai Technologies IncCOM0.89%$2M19.9K
32SCHASchwab US Small Cap ETFETF0.88%$2M20.1K
33FASTFastenal CompanyCOM0.88%$2M39.8K
34SMGThe Scotts Miracle-Gro CompanyCOM0.85%$2M8.0K
35PANWPalo Alto Networks IncCOM0.80%$2M5.7K
36LHXL3 Harris Technologies IncCOM0.60%$1M6.7K
37SWKSSkyworks Solutions IncCOM0.59%$1M7.3K
38Splunk IncCOM0.57%$1M9.5K
39VMIValmont Inds IncCOM0.54%$1M5.2K
40EXPDExpeditors Int'l WACOM0.52%$1M10.9K
41IWLIshares Russell Top 200 ETFETF0.44%$1M10.6K
42Varian Medical Systems IncCOM0.44%$1M5.7K
43ECLEcolab Inc.COM0.44%$1M4.7K
44UTHRUnited TherapeuticsCOM0.44%$998,0006.0K
45IWMIShares Tr Russell 2000 ETFETF0.44%$995,0004.5K
46IVVIShares Core S&P 500 ETFETF0.41%$947,0002.4K
47SCHMSchwab U.S. Mid Cap ETFETF0.41%$928,00012.5K
48FFIVF5 Networks, IncCOM0.40%$911,0004.4K
49KNXKnight Swift TransportationCOM0.39%$888,00018.5K
50MDYSpdr S&P Midcap 400 ETFETF0.36%$820,0001.7K
51LULULululemon Athletica IncCOM0.34%$779,0002.5K
52Draftkings IncCOM0.33%$754,00012.3K
53FuboTV IncCOM0.30%$694,00031.4K
54RDNRadian Group IncCOM0.30%$687,00029.6K
55CTRACabot Oil & Gas CorpCOM0.28%$642,00034.2K
56ALKSAlkermes PlcCOM0.23%$517,00027.7K
57IONSIonis Pharmaceuticals IncCOM0.21%$486,00010.8K
58Stericycle IncCOM0.21%$470,0007.0K
59HollyFrontier CorporationCOM0.20%$456,00012.7K
60XELXCEL Energy IncCOM0.12%$281,0004.2K
61TWLOTwilio IncCOM0.12%$264,000775
62GLDSpdr Gold TR Gold ShsCOM0.12%$264,0001.6K
63DISWalt Disney CompanyCOM0.10%$238,0001.3K
64MMM3M CompanyCOM0.10%$235,0001.2K
65MDTMedtronic IncCOM0.09%$212,0001.8K
66VCELVericel CorpCOM0.09%$209,0003.8K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$292M76May 13, 202613F-HRchanges · EDGAR ↗
Q4 2025$316M74Feb 11, 202613F-HRchanges · EDGAR ↗
Q3 2025$307M71Nov 10, 202513F-HRchanges · EDGAR ↗
Q2 2025$299M73Aug 7, 202513F-HRchanges · EDGAR ↗
Q1 2025$284M70May 12, 202513F-HRchanges · EDGAR ↗
Q4 2024$291M71Feb 12, 202513F-HRchanges · EDGAR ↗
Q3 2024$289M70Nov 6, 202413F-HRchanges · EDGAR ↗
Q2 2024$268M68Aug 7, 202413F-HRchanges · EDGAR ↗
Q1 2024$271M68May 2, 202413F-HRchanges · EDGAR ↗
Q4 2023$245M65Feb 12, 202413F-HRchanges · EDGAR ↗
Q3 2023$223M62Nov 9, 202313F-HRchanges · EDGAR ↗
Q2 2023$225M60Aug 8, 202313F-HRchanges · EDGAR ↗
Q1 2023$192M59May 9, 202313F-HRchanges · EDGAR ↗
Q4 2022$173M58Feb 6, 202313F-HRchanges · EDGAR ↗
Q3 2022$183M57Nov 8, 202213F-HRchanges · EDGAR ↗
Q2 2022$186M58Aug 11, 202213F-HRchanges · EDGAR ↗
Q1 2022$225M60May 4, 202213F-HRchanges · EDGAR ↗
Q4 2021$249M65Feb 9, 202213F-HRchanges · EDGAR ↗
Q3 2021$238M65Nov 5, 202113F-HRchanges · EDGAR ↗
Q2 2021$246M65Jul 28, 202113F-HRchanges · EDGAR ↗
Q1 2021$228M67May 10, 202113F-HRchanges · EDGAR ↗
Q4 2020$223M62Feb 9, 202113F-HRchanges · EDGAR ↗
Q3 2020$198M58Nov 10, 202013F-HRchanges · EDGAR ↗
Q2 2020$180M57Aug 4, 202013F-HRchanges · EDGAR ↗
Q1 2020$135M55May 4, 202013F-HRchanges · EDGAR ↗
Q4 2019$214M64Feb 7, 202013F-HRchanges · EDGAR ↗
Q3 2019$158M66Nov 12, 201913F-HRchanges · EDGAR ↗
Q2 2019$159M66Aug 9, 201913F-HRchanges · EDGAR ↗
Q1 2019$152M66May 2, 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 ↗.