SEC 13F Intelligence

Managers / Q3 2022 · view latest →

Nicollet Investment Management, Inc.

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

Reported Value
$183M
Q3 2022
Positions
57
Filings on Record
29
2019–present window
Filed
Nov 8, 2022
original filing

Summary

Nicollet Investment Management, Inc. reported $183M in U.S.-listed holdings across 57 positions for Q3 2022.

Its largest position, AAPL, represents 14.4% of the portfolio.

Compared with Q2 2022, the fund opened 1 new position and exited 2.

Portfolio Metrics

Turnover
+5.1%
vs prior filed quarter
Top-10 Concentration
+58.4%
share of reported value
Largest Position
+14.4%
Apple Computer
New / Exited
1 / 2
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: 92.7%ETP: 6.2%REIT: 1.2%
  • Common Stock · 92.7% · $170M
  • ETP · 6.2% · $11M
  • REIT · 1.2% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ORCLOracle CorpNEW+42.7K42.7K+$3M$3M
GOOGLAlphabet Inc Cl AADDED+50.5K53.1K−$650,000$5M
GOOGAlphabet Inc Cl CADDED+94.0K99.0K−$1M$10M
PANWPalo Alto Networks IncADDED+11.1K16.6K+$5,000$3M
TSLATesla Motors IncADDED+24.3K36.5K+$1M$10M
LULULululemon Athletica IncSOLD OUT−2.5K0−$691,000$0
UNMUNUM GroupSOLD OUT−6.0K0−$204,000$0
SLBSchlumberger LTDADDED+72.9K147.1K+$3M$5M

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

Holdings — Q3 2022

56 positions (from 57 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AAPLApple Computerhistory →COM14.38%$26M190.4K
2MSFTMicrosoft Corphistory →COM8.20%$15M64.4K
3GOOGAlphabet Inc Cl CCOM7.98%$15M152.1K
4AMZNAmazon Com Inc.history →COM7.57%$14M122.5K
5TSLATesla Motors Inchistory →COM5.29%$10M36.5K
6VVisa Inchistory →COM4.01%$7M41.3K
7GWWGrainger W W Inchistory →COM2.97%$5M11.1K
8SLBSchlumberger LTDhistory →COM2.89%$5M147.1K
9SCHXSchwab U.S. Large Cap ETFhistory →ETF2.70%$5M116.8K
10UNPUnion Pacific Corphistory →COM2.42%$4M22.8K
11UNHUnitedhealth Group Inchistory →COM2.34%$4M8.5K
12KOCoca Cola Co.history →COM2.16%$4M70.5K
13METAMeta Platforms Inc Cl Ahistory →COM2.15%$4M28.9K
14ACNAccenture PLC CL Ahistory →COM2.02%$4M14.4K
15EOGE O G Resources Inc.history →COM1.75%$3M28.6K
16JNJJohnson & Johnsonhistory →COM1.73%$3M19.4K
17FISVFiserv Inchistory →COM1.70%$3M33.2K
18PYPLPaypal Holdings Inchistory →COM1.69%$3M35.9K
19MRKMerck & Co.history →COM1.59%$3M33.8K
20NOWServicenow, Inchistory →COM1.55%$3M7.5K
21PANWPalo Alto Networks Inchistory →COM1.49%$3M16.6K
22CBChubb Ltd Fhistory →COM1.44%$3M14.5K
23PGProcter & Gamblehistory →COM1.44%$3M20.9K
24ORCLOracle Corphistory →COM1.43%$3M42.7K
25HDHome Depot Inc.history →COM1.38%$3M9.2K
26TJXTJX Cos Inc Newhistory →COM1.29%$2M38.1K
27EQIXEquinix, Inchistory →COM1.16%$2M3.7K
28IWLIshares Russell Top 200 ETFhistory →ETF1.08%$2M23.2K
29FASTFastenal CompanyCOM0.98%$2M38.9K
30SCHMSchwab U.S. Mid Cap ETFETF0.91%$2M27.4K
31AKAMAkamai Technologies IncCOM0.86%$2M19.7K
32LHXL3 Harris Technologies IncCOM0.75%$1M6.6K
33VMIValmont Inds IncCOM0.74%$1M5.0K
34FISFISCOM0.72%$1M17.4K
35UTHRUnited TherapeuticsCOM0.67%$1M5.8K
36SCHASchwab US Small Cap ETFETF0.61%$1M29.3K
37EXPDExpeditors Int'l WACOM0.52%$950,00010.8K
38CTRACoterra Energy IncCOM0.48%$876,00033.5K
39KNXKnight Swift TransportationCOM0.48%$876,00017.9K
40SOSouthern CoCOM0.43%$779,00011.5K
41ECLEcolab Inc.COM0.37%$675,0004.7K
42DINOHF Sinclair CorpCOM0.36%$653,00012.1K
43Splunk IncCOM0.36%$651,0008.7K
44FFIVF5 Networks, IncCOM0.34%$619,0004.3K
45SWKSSkyworks Solutions IncCOM0.33%$610,0007.2K
46ALKSAlkermes PlcCOM0.33%$609,00027.3K
47SPYSPDR S&P 500 ETFETF0.33%$608,0001.7K
48RDNRadian Group IncCOM0.31%$564,00029.2K
49MDYSpdr S&P Midcap 400 ETFETF0.27%$488,0001.2K
50IONSIonis Pharmaceuticals IncCOM0.21%$376,0008.5K
51SMGThe Scotts Miracle-Gro CompanyCOM0.18%$324,0007.6K
52XELXCEL Energy IncCOM0.15%$267,0004.2K
53Stericycle IncCOM0.14%$260,0006.2K
54IWMIShares Tr Russell 2000 ETFETF0.14%$259,0001.6K
55GLDSpdr Gold TR Gold ShsCOM0.14%$255,0001.6K
56LLYEli LillyCOM0.12%$211,000651

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 ↗.