SEC 13F Intelligence

Managers / Q1 2022 · view latest →

Nicollet Investment Management, Inc.

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

Reported Value
$225M
Q1 2022
Positions
60
Filings on Record
29
2019–present window
Filed
May 4, 2022
original filing

Summary

Nicollet Investment Management, Inc. reported $225M in U.S.-listed holdings across 60 positions for Q1 2022.

Its largest position, AAPL, represents 15.1% of the portfolio.

Compared with Q4 2021, the fund opened 3 new positions and exited 8.

Portfolio Metrics

Turnover
+4.1%
vs prior filed quarter
Top-10 Concentration
+62.3%
share of reported value
Largest Position
+15.1%
Apple Computer
New / Exited
3 / 8
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: 92.1%ETP: 6.6%REIT: 1.2%
  • Common Stock · 92.1% · $208M
  • ETP · 6.6% · $15M
  • REIT · 1.2% · $3M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ACNAccenture PLC CL ANEW+10.2K10.2K+$3M$3M
EOGE O G Resources Inc.NEW+28.3K28.3K+$3M$3M
DINOHF Sinclair CorpNEW+11.5K11.5K+$457,000$457,000
JPMJ.P. Morgan Chase & Co.SOLD OUT−25.7K0−$4M$0
SAPSAP SESOLD OUT−25.5K0−$4M$0
HollyFrontier CorporationSOLD OUT−12.0K0−$394,000$0
SCHXSchwab U.S. Large Cap ETFADDED+58.5K117.0K−$358,000$6M
Draftkings IncSOLD OUT−9.2K0−$253,000$0

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

Holdings — Q1 2022

59 positions (from 60 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AAPLApple Computerhistory →COM15.06%$34M194.2K
2GOOGAlphabet Inc Cl CCOM9.19%$21M7.4K
3AMZNAmazon Com Inc.history →COM8.88%$20M6.1K
4MSFTMicrosoft Corphistory →COM8.72%$20M63.7K
5TSLATesla Motors Inchistory →COM5.64%$13M11.8K
6VVisa Inchistory →COM3.90%$9M39.6K
7METAMeta Platforms Inc Cl Ahistory →COM2.98%$7M30.2K
8SCHXSchwab U.S. Large Cap ETFhistory →ETF2.80%$6M117.0K
9UNPUnion Pacific Corphistory →COM2.65%$6M21.9K
10GWWGrainger W W Inchistory →COM2.43%$5M10.6K
11UNHUnitedhealth Group Inchistory →COM1.96%$4M8.7K
12KOCoca Cola Co.history →COM1.91%$4M69.3K
13NOWServicenow, Inchistory →COM1.82%$4M7.4K
14PYPLPaypal Holdings Inchistory →COM1.80%$4M35.1K
15JNJJohnson & Johnsonhistory →COM1.56%$4M19.8K
16LMTLockheed Martin Corphistory →COM1.55%$3M7.9K
17ACNAccenture PLC CL Ahistory →COM1.53%$3M10.2K
18PANWPalo Alto Networks Inchistory →COM1.50%$3M5.4K
19EOGE O G Resources Inc.history →COM1.50%$3M28.3K
20FISVFiserv Inchistory →COM1.45%$3M32.1K
21PGProcter & Gamblehistory →COM1.38%$3M20.4K
22CBChubb Ltd Fhistory →COM1.35%$3M14.2K
23MRKMerck & Co.history →COM1.26%$3M34.5K
24HDHome Depot Inc.history →COM1.23%$3M9.3K
25EQIXEquinix, Inchistory →COM1.21%$3M3.7K
26SCHMSchwab U.S. Mid Cap ETFhistory →ETF1.04%$2M31.0K
27TJXTJX Cos Inc Newhistory →COM1.03%$2M38.3K
28AKAMAkamai Technologies IncCOM1.00%$2M18.8K
29FASTFastenal CompanyCOM0.99%$2M37.6K
30IWLIshares Russell Top 200 ETFETF0.97%$2M20.3K
31FISFISCOM0.76%$2M17.0K
32LHXL3 Harris Technologies IncCOM0.70%$2M6.3K
33SCHASchwab US Small Cap ETFETF0.62%$1M29.3K
34Splunk IncCOM0.56%$1M8.5K
35VMIValmont Inds IncCOM0.52%$1M4.9K
36EXPDExpeditors Int'l WACOM0.48%$1M10.5K
37UTHRUnited TherapeuticsCOM0.44%$1M5.6K
38SWKSSkyworks Solutions IncCOM0.41%$925,0006.9K
39LULULululemon Athletica IncCOM0.40%$910,0002.5K
40SMGThe Scotts Miracle-Gro CompanyCOM0.40%$907,0007.4K
41KNXKnight Swift TransportationCOM0.39%$886,00017.6K
42SPYSPDR S&P 500 ETFETF0.39%$872,0001.9K
43CTRACoterra Energy IncCOM0.38%$863,00032.0K
44FFIVF5 Networks, IncCOM0.38%$853,0004.1K
45SOSouthern CoCOM0.37%$831,00011.5K
46ECLEcolab Inc.COM0.37%$825,0004.7K
47ALKSAlkermes PlcCOM0.30%$686,00026.1K
48RDNRadian Group IncCOM0.27%$618,00027.8K
49MDYSpdr S&P Midcap 400 ETFETF0.26%$595,0001.2K
50DINOHF Sinclair CorpCOM0.20%$457,00011.5K
51XELXCEL Energy IncCOM0.16%$356,0004.9K
52Stericycle IncCOM0.16%$355,0006.0K
53IWMIShares Tr Russell 2000 ETFETF0.14%$322,0001.6K
54IONSIonis Pharmaceuticals IncCOM0.14%$306,0008.3K
55GLDSpdr Gold TR Gold ShsCOM0.13%$298,0001.6K
56IVVIShares Core S&P 500 ETFETF0.10%$228,000503
57IJRIshares Core S&P Small Cap ETFETF0.09%$203,0001.9K
58VTIVanguard Total Stock Market ETFETF0.09%$201,000881
59FuboTV IncCOM0.07%$155,00023.7K

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 ↗.