Managers / Q3 2025 · view latest →
Nikulski Financial, Inc.
CIK 0001729847 · 4275 ONTARIO DRIVE, BETTENDORF, IA, 52722 · 5633440118
Reported Value
$398M
Q3 2025
Positions
153
Filings on Record
31
2019–present window
Filed
Nov 5, 2025
original filing
Summary
Nikulski Financial, Inc. reported $398M in U.S.-listed holdings across 153 positions for Q3 2025.
Its largest position, Vanguard Specialized Funds, represents 5.6% of the portfolio.
Compared with Q2 2025, the fund opened 14 new positions and exited 5.
Portfolio Metrics
Turnover
+1.8%
vs prior filed quarter
Top-10 Concentration
+36.2%
share of reported value
Largest Position
+5.6%
Vanguard Specialized Funds
New / Exited
14 / 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. 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
- Common Stock · 50.6% · $201M
- ETP · 47.8% · $190M
- REIT · 0.7% · $3M
- ADR · 0.6% · $2M
- Other · 0.4% · $2M
Quarter-over-Quarter Changes full breakdown →
vs Q2 2025 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| SESEA LTD | NEW | +8.9K | 8.9K | +$2M | $2M |
| JPXAEROVIRONMENT INC | NEW | +3.5K | 3.5K | +$1M | $1M |
| PLTRPALANTIR TECHNOLOGIES INC | NEW | +4.2K | 4.2K | +$767,441 | $767,441 |
| ISRGINTUITIVE SURGICAL INC | NEW | +1.1K | 1.1K | +$483,456 | $483,456 |
| VANGUARD WHITEHALL FDS | NEW | +4.0K | 4.0K | +$339,228 | $339,228 |
| GOOGALPHABET INC | NEW | +1.1K | 1.1K | +$271,127 | $271,127 |
| VUSBVANGUARD BD INDEX FDS | NEW | +4.5K | 4.5K | +$227,477 | $227,477 |
| JNJJOHNSON & JOHNSON | NEW | +1.2K | 1.2K | +$220,777 | $220,777 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q3 2025
40 positions
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 5.63% | $22M | 103.8K |
| 2 | VTVVANGUARD INDEX FDS | MID CAP ETF · VALUE ETF · TOTAL STK MKT · SM CP VAL ETF | 5.24% | $21M | 84.3K |
| 3 | AAPLAPPLE INChistory → | COM | 5.22% | $21M | 81.6K |
| 4 | ISHARES TR | CORE S&P SCP ETF · S&P MC 400VL ETF · RUS 1000 GRW ETF · CORE S&P MCP ETF | 4.21% | $17M | 134.8K |
| 5 | AMZNAMAZON COM INChistory → | COM | 4.10% | $16M | 74.3K |
| 6 | GOOGLALPHABET INChistory → | CAP STK CL A | 3.74% | $15M | 61.2K |
| 7 | NVDANVIDIA CORPORATIONhistory → | COM | 3.24% | $13M | 69.2K |
| 8 | SCHWAB STRATEGIC TR | US SML CAP ETF · US DIVIDEND EQ · US LCAP GR ETF | 3.17% | $13M | 441.2K |
| 9 | MSFTMICROSOFT CORPhistory → | COM | 2.99% | $12M | 22.9K |
| 10 | COSTCOSTCO WHSL CORP NEWhistory → | COM | 2.96% | $12M | 12.7K |
| 11 | NDQINVESCO QQQ TRhistory → | UNIT SER 1 | 2.84% | $11M | 18.8K |
| 12 | GOLDMAN SACHS ETF TR | ACTIVEBETA US LG | 2.76% | $11M | 84.4K |
| 13 | INVESCO EXCHANGE TRADED FD T | S&P500 QUALITY | 2.73% | $11M | 148.0K |
| 14 | JPMJPMORGAN CHASE & CO.history → | COM | 2.69% | $11M | 33.9K |
| 15 | ABBVABBVIE INChistory → | COM | 2.29% | $9M | 39.3K |
| 16 | PANWPALO ALTO NETWORKS INChistory → | COM | 2.26% | $9M | 44.2K |
| 17 | WISDOMTREE TR | US MIDCAP DIVID · US QTLY DIV GRT | 2.25% | $9M | 139.1K |
| 18 | CEGCONSTELLATION ENERGY CORPhistory → | COM | 1.76% | $7M | 21.3K |
| 19 | LRCXLAM RESEARCH CORPhistory → | COM NEW | 1.73% | $7M | 51.3K |
| 20 | INNOVATOR ETFS TRUST | US EQT PWR BUF · US EQTY PWR BUF | 1.59% | $6M | 155.9K |
| 21 | AVGOBROADCOM INChistory → | COM | 1.27% | $5M | 15.3K |
| 22 | VVISA INChistory → | COM CL A | 1.26% | $5M | 14.7K |
| 23 | SPDR S&P 500 ETF TR | TR UNIT | 1.16% | $5M | 6.9K |
| 24 | BRK/BBERKSHIRE HATHAWAY INC DELhistory → | CL B NEW | 1.10% | $4M | 8.7K |
| 25 | DEDEERE & CO | COM | 0.96% | $4M | 8.4K |
| 26 | HDHOME DEPOT INC | COM | 0.93% | $4M | 9.1K |
| 27 | MCDMCDONALDS CORP | COM | 0.92% | $4M | 12.1K |
| 28 | VANGUARD STAR FDS | VG TL INTL STK F | 0.90% | $4M | 48.8K |
| 29 | WMTWALMART INC | COM | 0.90% | $4M | 34.7K |
| 30 | VANGUARD WHITEHALL FDS | INTL DVD ETF | 0.86% | $3M | 38.1K |
| 31 | CRWDCROWDSTRIKE HLDGS INC | CL A | 0.79% | $3M | 6.4K |
| 32 | AAAUGOLDMAN SACHS PHYSICAL GOLD | UNIT | 0.76% | $3M | 79.7K |
| 33 | WMWASTE MGMT INC DEL | COM | 0.76% | $3M | 13.7K |
| 34 | ALSALLSTATE CORP | COM | 0.76% | $3M | 14.0K |
| 35 | INVESCO EXCH TRADED FD TR II | INTL BUYBACK | 0.73% | $3M | 55.1K |
| 36 | VANGUARD BD INDEX FDS | TOTAL BND MRKT | 0.71% | $3M | 38.2K |
| 37 | GSGOLDMAN SACHS GROUP INC | COM | 0.67% | $3M | 3.3K |
| 38 | FQIDIGITAL RLTY TR INC | COM | 0.66% | $3M | 15.3K |
| 39 | LLYELI LILLY & CO | COM | 0.66% | $3M | 3.5K |
| 40 | J P MORGAN EXCHANGE TRADED F | ULTRA SHRT ETF | 0.64% | $3M | 50.5K |
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 ↗.