SEC 13F Intelligence

Managers / Q2 2021 · view latest →

Nicollet Investment Management, Inc.

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

Reported Value
$246M
Q2 2021
Positions
65
Filings on Record
29
2019–present window
Filed
Jul 28, 2021
original filing

Summary

Nicollet Investment Management, Inc. reported $246M in U.S.-listed holdings across 65 positions for Q2 2021.

Its largest position, AAPL, represents 12.2% of the portfolio.

Compared with Q1 2021, the fund opened 3 new positions and exited 5.

Portfolio Metrics

Turnover
+1.9%
vs prior filed quarter
Top-10 Concentration
+57.7%
share of reported value
Largest Position
+12.2%
Apple Computer
New / Exited
3 / 5
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, 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: 88.2%ETP: 7.0%ADR: 3.5%REIT: 1.3%
  • Common Stock · 88.2% · $217M
  • ETP · 7.0% · $17M
  • ADR · 3.5% · $9M
  • REIT · 1.3% · $3M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SOSouthern CoNEW+11.5K11.5K+$694,000$694,000
SPOTSpotify TechnologyNEW+865865+$238,000$238,000
IJRIshares Core S&P Small Cap ETFNEW+1.9K1.9K+$213,000$213,000
Varian Medical Systems IncSOLD OUT−5.7K0−$1M$0
XELXCEL Energy IncSOLD OUT−4.2K0−$281,000$0
TWLOTwilio IncSOLD OUT−7750−$264,000$0
MDTMedtronic IncSOLD OUT−1.8K0−$212,000$0
VCELVericel CorpSOLD OUT−3.8K0−$209,000$0

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

Holdings — Q2 2021

64 positions (from 65 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AAPLApple Computerhistory →COM12.21%$30M219.0K
2AMZNAmazon Com Inc.history →COM9.04%$22M6.5K
3GOOGAlphabet Inc Cl CCOM8.00%$20M7.9K
4MSFTMicrosoft Corphistory →COM7.59%$19M68.8K
5METAFacebookhistory →COM4.56%$11M32.2K
6PYPLPaypal Holdings Inchistory →COM4.23%$10M35.6K
7VVisa Inchistory →COM4.06%$10M42.7K
8TSLATesla Motors Inchistory →COM3.44%$8M12.4K
9SCHXSchwab U.S. Large Cap ETFhistory →ETF2.53%$6M59.7K
10GWWGrainger W W Inchistory →COM2.06%$5M11.5K
11BABAAlibaba Group Holdings Ltdhistory →COM2.05%$5M22.2K
12LUVSouthwest Airlineshistory →COM1.78%$4M82.4K
13NOWServicenow, Inchistory →COM1.74%$4M7.8K
14HONHoneywell Intl Inchistory →COM1.69%$4M18.9K
15KOCoca Cola Co.history →COM1.65%$4M74.7K
16JPMJ.P. Morgan Chase & Co.history →COM1.64%$4M25.9K
17FISVFiserv Inchistory →COM1.54%$4M35.4K
18UNHUnitedhealth Group Inchistory →COM1.54%$4M9.4K
19SAPSAP SEhistory →COM1.50%$4M26.3K
20JNJJohnson & Johnsonhistory →COM1.45%$4M21.7K
21LMTLockheed Martin Corphistory →COM1.41%$3M9.2K
22HDHome Depot Inc.history →COM1.32%$3M10.2K
23EQIXEquinix, Inchistory →COM1.26%$3M3.9K
24PGProcter & Gamblehistory →COM1.24%$3M22.5K
25MRKMerck & Co.history →COM1.21%$3M38.1K
26UNPUnion Pacific Corphistory →COM1.20%$3M13.4K
27TJXTJX Cos Inc Newhistory →COM1.14%$3M41.5K
28FISFIShistory →COM1.10%$3M19.1K
29SPYSPDR S&P 500 ETFhistory →ETF1.05%$3M6.0K
30AKAMAkamai Technologies IncCOM0.94%$2M19.8K
31CBChubb Ltd FCOM0.93%$2M14.4K
32PANWPalo Alto Networks IncCOM0.86%$2M5.7K
33FASTFastenal CompanyCOM0.84%$2M39.6K
34SCHMSchwab U.S. Mid Cap ETFETF0.73%$2M23.0K
35SCHASchwab US Small Cap ETFETF0.67%$2M15.9K
36SMGThe Scotts Miracle-Gro CompanyCOM0.62%$2M7.9K
37IWLIshares Russell Top 200 ETFETF0.61%$1M14.6K
38LHXL3 Harris Technologies IncCOM0.59%$1M6.7K
39SWKSSkyworks Solutions IncCOM0.57%$1M7.3K
40EXPDExpeditors Int'l WACOM0.56%$1M10.9K
41Splunk IncCOM0.55%$1M9.3K
42VMIValmont Inds IncCOM0.50%$1M5.2K
43UTHRUnited TherapeuticsCOM0.43%$1M5.9K
44IWMIShares Tr Russell 2000 ETFETF0.42%$1M4.5K
45IVVIShares Core S&P 500 ETFETF0.42%$1M2.4K
46ECLEcolab Inc.COM0.39%$964,0004.7K
47LULULululemon Athletica IncCOM0.38%$939,0002.6K
48FuboTV IncCOM0.38%$923,00028.8K
49MDYSpdr S&P Midcap 400 ETFETF0.34%$846,0001.7K
50KNXKnight Swift TransportationCOM0.34%$836,00018.4K
51FFIVF5 Networks, IncCOM0.33%$812,0004.3K
52SOSouthern CoCOM0.28%$694,00011.5K
53ALKSAlkermes PlcCOM0.27%$675,00027.5K
54RDNRadian Group IncCOM0.27%$655,00029.4K
55Draftkings IncCOM0.26%$650,00012.5K
56CTRACabot Oil & Gas CorpCOM0.24%$594,00034.0K
57Stericycle IncCOM0.20%$496,0006.9K
58HollyFrontier CorporationCOM0.17%$425,00012.9K
59IONSIonis Pharmaceuticals IncCOM0.17%$419,00010.5K
60GLDSpdr Gold TR Gold ShsCOM0.11%$273,0001.6K
61MMM3M CompanyCOM0.10%$243,0001.2K
62SPOTSpotify TechnologyCOM0.10%$238,000865
63DISWalt Disney CompanyCOM0.09%$227,0001.3K
64IJRIshares Core S&P Small Cap ETFETF0.09%$213,0001.9K

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 ↗.