SEC 13F Intelligence

Managers / Q2 2022 · view latest →

Nicollet Investment Management, Inc.

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

Reported Value
$186M
Q2 2022
Positions
58
Filings on Record
29
2019–present window
Filed
Aug 11, 2022
original filing

Summary

Nicollet Investment Management, Inc. reported $186M in U.S.-listed holdings across 58 positions for Q2 2022.

Its largest position, AAPL, represents 14.2% of the portfolio.

Compared with Q1 2022, the fund opened 3 new positions and exited 5.

Portfolio Metrics

Turnover
+2.2%
vs prior filed quarter
Top-10 Concentration
+58.8%
share of reported value
Largest Position
+14.2%
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: 92.2%ETP: 6.5%REIT: 1.3%
  • Common Stock · 92.2% · $171M
  • ETP · 6.5% · $12M
  • REIT · 1.3% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SLBSchlumberger LTDNEW+74.2K74.2K+$3M$3M
LLYEli LillyNEW+635635+$206,000$206,000
UNMUNUM GroupNEW+6.0K6.0K+$204,000$204,000
AMZNAmazon Com Inc.ADDED+118.0K124.1K−$7M$13M
LMTLockheed Martin CorpSOLD OUT−7.9K0−$3M$0
IVVIShares Core S&P 500 ETFSOLD OUT−5030−$228,000$0
IJRIshares Core S&P Small Cap ETFSOLD OUT−1.9K0−$203,000$0
VTIVanguard Total Stock Market ETFSOLD OUT−8810−$201,000$0

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

Holdings — Q2 2022

57 positions (from 58 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AAPLApple Computerhistory →COM14.19%$26M192.6K
2GOOGAlphabet Inc Cl CCOM8.97%$17M7.6K
3MSFTMicrosoft Corphistory →COM8.96%$17M64.7K
4AMZNAmazon Com Inc.history →COM7.10%$13M124.1K
5TSLATesla Motors Inchistory →COM4.43%$8M12.2K
6VVisa Inchistory →COM4.40%$8M41.5K
7SCHXSchwab U.S. Large Cap ETFhistory →ETF2.82%$5M117.0K
8GWWGrainger W W Inchistory →COM2.70%$5M11.0K
9METAMeta Platforms Inc Cl Ahistory →COM2.61%$5M30.0K
10UNPUnion Pacific Corphistory →COM2.58%$5M22.5K
11UNHUnitedhealth Group Inchistory →COM2.38%$4M8.6K
12KOCoca Cola Co.history →COM2.36%$4M69.6K
13ACNAccenture PLC CL Ahistory →COM2.18%$4M14.6K
14NOWServicenow, Inchistory →COM1.91%$4M7.5K
15JNJJohnson & Johnsonhistory →COM1.88%$3M19.7K
16EOGE O G Resources Inc.history →COM1.73%$3M29.1K
17MRKMerck & Co.history →COM1.68%$3M34.1K
18PGProcter & Gamblehistory →COM1.58%$3M20.4K
19FISVFiserv Inchistory →COM1.56%$3M32.5K
20CBChubb Ltd Fhistory →COM1.55%$3M14.7K
21PANWPalo Alto Networks Inchistory →COM1.47%$3M5.5K
22SLBSchlumberger LTDhistory →COM1.43%$3M74.2K
23HDHome Depot Inc.history →COM1.36%$3M9.2K
24PYPLPaypal Holdings Inchistory →COM1.35%$3M35.9K
25EQIXEquinix, Inchistory →COM1.32%$2M3.7K
26TJXTJX Cos Inc Newhistory →COM1.15%$2M38.0K
27IWLIshares Russell Top 200 ETFhistory →ETF1.07%$2M22.2K
28SCHMSchwab U.S. Mid Cap ETFhistory →ETF1.06%$2M31.4K
29FASTFastenal Companyhistory →COM1.03%$2M38.2K
30AKAMAkamai Technologies IncCOM0.94%$2M19.1K
31FISFISCOM0.85%$2M17.2K
32LHXL3 Harris Technologies IncCOM0.84%$2M6.4K
33UTHRUnited TherapeuticsCOM0.72%$1M5.6K
34SCHASchwab US Small Cap ETFETF0.62%$1M29.3K
35VMIValmont Inds IncCOM0.60%$1M5.0K
36EXPDExpeditors Int'l WACOM0.56%$1M10.7K
37CTRACoterra Energy IncCOM0.45%$837,00032.4K
38KNXKnight Swift TransportationCOM0.44%$823,00017.8K
39SOSouthern CoCOM0.44%$817,00011.5K
40ALKSAlkermes PlcCOM0.42%$787,00026.4K
41Splunk IncCOM0.41%$761,0008.6K
42ECLEcolab Inc.COM0.39%$719,0004.7K
43LULULululemon Athletica IncCOM0.37%$691,0002.5K
44SWKSSkyworks Solutions IncCOM0.35%$653,0007.0K
45SPYSPDR S&P 500 ETFETF0.35%$641,0001.7K
46FFIVF5 Networks, IncCOM0.34%$633,0004.1K
47SMGThe Scotts Miracle-Gro CompanyCOM0.32%$591,0007.5K
48RDNRadian Group IncCOM0.30%$556,00028.3K
49DINOHF Sinclair CorpCOM0.28%$527,00011.7K
50MDYSpdr S&P Midcap 400 ETFETF0.27%$502,0001.2K
51IONSIonis Pharmaceuticals IncCOM0.17%$313,0008.4K
52GLDSpdr Gold TR Gold ShsCOM0.15%$278,0001.6K
53Stericycle IncCOM0.14%$269,0006.1K
54IWMIShares Tr Russell 2000 ETFETF0.14%$266,0001.6K
55LLYEli LillyCOM0.11%$206,000635
56UNMUNUM GroupCOM0.11%$204,0006.0K
57XELXCEL Energy IncCOM0.11%$201,0002.8K

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 ↗.