Managers / Q1 2025 · view latest →
Nikulski Financial, Inc.
CIK 0001729847 · 4275 ONTARIO DRIVE, BETTENDORF, IA, 52722 · 5633440118
Reported Value
$331M
Q1 2025
Positions
137
Filings on Record
31
2019–present window
Filed
May 1, 2025
original filing
Summary
Nikulski Financial, Inc. reported $331M in U.S.-listed holdings across 137 positions for Q1 2025.
Its largest position, Vanguard Specialized Funds, represents 6.2% of the portfolio.
Compared with Q4 2024, the fund opened 7 new positions and exited 3.
Portfolio Metrics
Turnover
+3.2%
vs prior filed quarter
Top-10 Concentration
+35.2%
share of reported value
Largest Position
+6.2%
Vanguard Specialized Funds
New / Exited
7 / 3
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 · 49.8% · $165M
- Common Stock · 49.1% · $163M
- REIT · 0.6% · $2M
- Other · 0.3% · $859,692
- ADR · 0.2% · $559,944
Quarter-over-Quarter Changes full breakdown →
vs Q4 2024 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| INVESCO EXCH TRADED FD TR II | NEW | +28.3K | 28.3K | +$1M | $1M |
| ISHARES TR | NEW | +27.3K | 27.3K | +$748,608 | $748,608 |
| INNOVATOR ETFS TRUST | NEW | +7.0K | 7.0K | +$219,032 | $219,032 |
| EA SERIES TRUST | NEW | +6.0K | 6.0K | +$215,639 | $215,639 |
| INVESCO EXCH TRADED FD TR II | NEW | +5.3K | 5.3K | +$210,839 | $210,839 |
| AEPAMERICAN ELEC PWR CO INC | NEW | +1.9K | 1.9K | +$210,345 | $210,345 |
| SNYSANOFI | NEW | +3.7K | 3.7K | +$203,874 | $203,874 |
| INVESCO EXCHANGE TRADED FD T | ADDED | +2.0K | 3.4K | +$338,719 | $589,328 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2025
40 positions
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 6.20% | $21M | 105.7K |
| 2 | VTVVANGUARD INDEX FDS | MID CAP ETF · VALUE ETF · TOTAL STK MKT · SM CP VAL ETF | 5.83% | $19M | 87.7K |
| 3 | AAPLAPPLE INChistory → | COM | 5.23% | $17M | 77.9K |
| 4 | ISHARES TR | CORE S&P SCP ETF · S&P MC 400VL ETF · RUS 1000 GRW ETF · CORE S&P MCP ETF | 4.87% | $16M | 150.6K |
| 5 | AMZNAMAZON COM INChistory → | COM | 4.06% | $13M | 70.7K |
| 6 | COSTCOSTCO WHSL CORP NEWhistory → | COM | 3.50% | $12M | 12.2K |
| 7 | INVESCO EXCHANGE TRADED FD T | S&P500 QUALITY | 3.04% | $10M | 151.4K |
| 8 | SCHWAB STRATEGIC TR | US SML CAP ETF · US DIVIDEND EQ · US LCAP GR ETF | 3.00% | $10M | 394.5K |
| 9 | GOLDMAN SACHS ETF TR | ACTIVEBETA US LG | 2.85% | $9M | 85.8K |
| 10 | GOOGLALPHABET INChistory → | CAP STK CL A | 2.74% | $9M | 58.5K |
| 11 | NDQINVESCO QQQ TRhistory → | UNIT SER 1 | 2.64% | $9M | 18.6K |
| 12 | WISDOMTREE TR | US MIDCAP DIVID · US QTLY DIV GRT | 2.53% | $8M | 140.2K |
| 13 | JPMJPMORGAN CHASE & CO.history → | COM | 2.49% | $8M | 33.6K |
| 14 | ABBVABBVIE INChistory → | COM | 2.46% | $8M | 38.9K |
| 15 | MSFTMICROSOFT CORPhistory → | COM | 2.39% | $8M | 21.0K |
| 16 | PANWPALO ALTO NETWORKS INChistory → | COM | 2.14% | $7M | 41.5K |
| 17 | NVDANVIDIA CORPORATIONhistory → | COM | 2.10% | $7M | 64.2K |
| 18 | UNHUNITEDHEALTH GROUP INChistory → | COM | 1.92% | $6M | 12.1K |
| 19 | INNOVATOR ETFS TRUST | US EQT PWR BUF · US EQTY PWR BUF | 1.81% | $6M | 160.1K |
| 20 | VVISA INChistory → | COM CL A | 1.48% | $5M | 14.0K |
| 21 | BRK/BBERKSHIRE HATHAWAY INC DELhistory → | CL B NEW | 1.23% | $4M | 7.6K |
| 22 | CEGCONSTELLATION ENERGY CORPhistory → | COM | 1.23% | $4M | 20.1K |
| 23 | SPDR S&P 500 ETF TR | TR UNIT | 1.21% | $4M | 7.1K |
| 24 | LRCXLAM RESEARCH CORPhistory → | COM NEW | 1.16% | $4M | 52.7K |
| 25 | MCDMCDONALDS CORPhistory → | COM | 1.14% | $4M | 12.1K |
| 26 | VANGUARD WHITEHALL FDS | INTL DVD ETF | 1.12% | $4M | 44.8K |
| 27 | DEDEERE & COhistory → | COM | 1.12% | $4M | 7.9K |
| 28 | VANGUARD STAR FDS | VG TL INTL STK F | 1.07% | $4M | 57.1K |
| 29 | HDHOME DEPOT INC | COM | 0.95% | $3M | 8.6K |
| 30 | ALSALLSTATE CORP | COM | 0.92% | $3M | 14.6K |
| 31 | WMTWALMART INC | COM | 0.90% | $3M | 34.0K |
| 32 | WMWASTE MGMT INC DEL | COM | 0.89% | $3M | 12.7K |
| 33 | VANGUARD BD INDEX FDS | TOTAL BND MRKT | 0.88% | $3M | 39.7K |
| 34 | CRMSALESFORCE INC | COM | 0.81% | $3M | 9.9K |
| 35 | LLYELI LILLY & CO | COM | 0.74% | $2M | 3.0K |
| 36 | J P MORGAN EXCHANGE TRADED F | ULTRA SHRT ETF | 0.74% | $2M | 48.1K |
| 37 | AVGOBROADCOM INC | COM | 0.73% | $2M | 14.5K |
| 38 | AAAUGOLDMAN SACHS PHYSICAL GOLD | UNIT | 0.70% | $2M | 74.5K |
| 39 | FQIDIGITAL RLTY TR INC | COM | 0.64% | $2M | 14.9K |
| 40 | MAMASTERCARD INCORPORATED | CL A | 0.60% | $2M | 3.6K |
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 ↗.