Managers / Q1 2023 · view latest →
Nikulski Financial, Inc.
CIK 0001729847 · 4275 ONTARIO DRIVE, BETTENDORF, IA, 52722 · 5633440118
Reported Value
$226M
Q1 2023
Positions
125
Filings on Record
31
2019–present window
Filed
May 11, 2023
original filing
Summary
Nikulski Financial, Inc. reported $226M in U.S.-listed holdings across 125 positions for Q1 2023.
Its largest position, Vanguard Specialized Funds, represents 6.9% of the portfolio.
Compared with Q4 2022, the fund opened 6 new positions and exited 4.
Portfolio Metrics
Turnover
+1.9%
vs prior filed quarter
Top-10 Concentration
+34.9%
share of reported value
Largest Position
+6.9%
Vanguard Specialized Funds
New / Exited
6 / 4
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. 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
Portfolio Composition
By security type
- ETP · 60.4% · $137M
- Common Stock · 39.1% · $88M
- Other · 0.5% · $1M
- REIT · 0.1% · $207,698
Quarter-over-Quarter Changes full breakdown →
vs Q4 2022 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| SPDR SER TR | NEW | +61.7K | 61.7K | +$1M | $1M |
| VANECK ETF TRUST | NEW | +22.6K | 22.6K | +$1M | $1M |
| NEENEXTERA ENERGY INC | NEW | +8.5K | 8.5K | +$653,561 | $653,561 |
| ISHARES TR | NEW | +4.3K | 4.3K | +$318,508 | $318,508 |
| BACVERIZON COMMUNICATIONS INC | NEW | +5.9K | 5.9K | +$230,163 | $230,163 |
| INNOVATOR ETFS TR | NEW | +6.3K | 6.3K | +$204,280 | $204,280 |
| INNOVATOR ETFS TR | SOLD OUT | −7.7K | 0 | −$229,555 | $0 |
| BLKCHFBLACKROCK INC | SOLD OUT | −319 | 0 | −$226,053 | $0 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2023
39 positions
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | ISHARES TR | CORE S&P SCP ETF · RUS 1000 GRW ETF · SELECT DIVID ETF · S&P MC 400VL ETF · MSCI EAFE MIN VL · CORE S&P MCP ETF · TIPS BD ETF | 11.27% | $26M | 212.8K |
| 2 | VTVVANGUARD INDEX FDS | MID CAP ETF · VALUE ETF · TOTAL STK MKT · SM CP VAL ETF | 7.15% | $16M | 95.0K |
| 3 | VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 6.90% | $16M | 101.4K |
| 4 | AAPLAPPLE INChistory → | COM | 5.68% | $13M | 78.0K |
| 5 | AMZNAMAZON COM INChistory → | COM | 3.08% | $7M | 67.4K |
| 6 | INVESCO EXCHANGE TRADED FD T | S&P500 QUALITY | 3.07% | $7M | 146.6K |
| 7 | GOLDMAN SACHS ETF TR | ACTIVEBETA US LG | 2.82% | $6M | 78.5K |
| 8 | SCHWAB STRATEGIC TR | US SML CAP ETF · US DIVIDEND EQ | 2.70% | $6M | 116.6K |
| 9 | INNOVATOR ETFS TR | US EQT PWR BUF · US EQTY PWR BUF | 2.66% | $6M | 196.0K |
| 10 | GOOGLALPHABET INChistory → | CAP STK CL A | 2.54% | $6M | 55.3K |
| 11 | COSTCOSTCO WHSL CORP NEWhistory → | COM | 2.37% | $5M | 10.8K |
| 12 | NDQINVESCO QQQ TRhistory → | UNIT SER 1 | 2.37% | $5M | 16.7K |
| 13 | ABBVABBVIE INChistory → | COM | 2.29% | $5M | 32.5K |
| 14 | UNHUNITEDHEALTH GROUP INChistory → | COM | 2.19% | $5M | 10.5K |
| 15 | MSFTMICROSOFT CORPhistory → | COM | 1.89% | $4M | 14.8K |
| 16 | JPMJPMORGAN CHASE & COhistory → | COM | 1.79% | $4M | 31.0K |
| 17 | SPDR S&P 500 ETF TR | TR UNIT | 1.61% | $4M | 8.9K |
| 18 | DEDEERE & COhistory → | COM | 1.45% | $3M | 8.0K |
| 19 | VANGUARD WHITEHALL FDS | INTL DVD ETF | 1.45% | $3M | 44.6K |
| 20 | VVISA INChistory → | COM CL A | 1.26% | $3M | 12.6K |
| 21 | PANWPALO ALTO NETWORKS INChistory → | COM | 1.21% | $3M | 13.7K |
| 22 | MCDMCDONALDS CORPhistory → | COM | 1.11% | $3M | 9.0K |
| 23 | J P MORGAN EXCHANGE TRADED F | ULTRA SHRT INC | 1.10% | $2M | 49.3K |
| 24 | INVESCO EXCH TRADED FD TR II | S&P500 LOW VOL | 1.09% | $2M | 39.5K |
| 25 | HDHOME DEPOT INC | COM | 0.93% | $2M | 7.1K |
| 26 | LRCXEURLAM RESEARCH CORP | COM | 0.92% | $2M | 3.9K |
| 27 | ALSALLSTATE CORP | COM | 0.90% | $2M | 18.4K |
| 28 | VANGUARD STAR FDS | VG TL INTL STK F | 0.89% | $2M | 36.7K |
| 29 | BSCOINVESCO EXCH TRD SLF IDX FD | BULSHS 2024 CB | 0.84% | $2M | 92.7K |
| 30 | ISHARES U S ETF TR | BLACKROCK ST MAT | 0.73% | $2M | 33.4K |
| 31 | PFEPFIZER INC | COM | 0.69% | $2M | 38.5K |
| 32 | CRMSALESFORCE INC | COM | 0.65% | $1M | 7.4K |
| 33 | SPDR SER TR | PORTFLI HIGH YLD | 0.63% | $1M | 61.7K |
| 34 | VANGUARD MALVERN FDS | STRM INFPROIDX | 0.57% | $1M | 27.0K |
| 35 | VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 0.55% | $1M | 27.8K |
| 36 | GSGOLDMAN SACHS GROUP INC | COM | 0.55% | $1M | 3.8K |
| 37 | MAMASTERCARD INCORPORATED | CL A | 0.53% | $1M | 3.3K |
| 38 | SELECT SECTOR SPDR TR | SBI CONS STPLS | 0.53% | $1M | 15.9K |
| 39 | RTXRAYTHEON TECHNOLOGIES CORP | COM | 0.52% | $1M | 12.1K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $405M | 175 | May 15, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $418M | 166 | Jan 15, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $398M | 153 | Nov 5, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $365M | 144 | Aug 15, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $331M | 137 | May 1, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $340M | 133 | Jan 21, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $334M | 132 | Oct 28, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $314M | 128 | Jul 30, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $302M | 131 | Apr 18, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $273M | 134 | Feb 1, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $242M | 125 | Oct 17, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $242M | 125 | Jul 28, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $226M | 125 | May 11, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $210M | 123 | Jan 25, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $193M | 122 | Oct 20, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $202M | 121 | Jul 19, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $236M | 128 | Apr 8, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $239M | 125 | Feb 1, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $216M | 119 | Nov 5, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $215M | 124 | Aug 11, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $195M | 121 | May 14, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $182M | 111 | Feb 9, 2021 | RESTATEMENT | changes · EDGAR ↗ |
| Q3 2020 | $158M | 103 | Nov 10, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $143M | 103 | Jul 17, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $115M | 96 | Apr 29, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $138M | 92 | Feb 4, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $120M | 90 | Oct 22, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | $118M | 86 | Jul 22, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $103M | 79 | Apr 12, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q4 2018 | $95M | 72 | Jan 28, 2019 | 13F-HR | changes · 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 ↗.