NICOLET BANKSHARES INC — 13F Holdings & Portfolio
CIK 1174850 · latest 13F-HR filed 2026-05-14
NICOLET BANKSHARES INC manages $2.71B in 13F-reported U.S. long-equity assets across 832 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are SPYM (10.68%), SPYV (2.50%), SPYM (2.48%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 340 new positions, exited 4, added to 199, and trimmed 13.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
$2.71B
Long-equity book
832
Distinct positions
2026-03-31
Filed 2026-05-14
+340 / −4 / ↑199 / ↓13
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- SPDR SERIES TRUST$317.0M +789.2%
- APPLE INC$82.4M +510.2%
- AMERICAN CENTY ETF TR$68.7M +387.0%
- SPDR SERIES TRUST$66.6M +165.9%
- SPDR SERIES TRUST$55.7M +233.6%
Top Trims
- SCHNEIDER NATIONAL INC-$1.2M -73.5%
- VANGUARD WORLD FD-$374.4K -26.9%
- CHIPOTLE MEXICAN GRILL INC-$207.5K -28.5%
- SS&C TECH HLDGS-$99.2K -27.9%
- VANGUARD WORLD FD-$98.4K -28.9%
New Positions
- ISHARES TR$46.3M
- VANGUARD MUN BD FDS$40.0M
- SCHWAB STRATEGIC TR$36.4M
- FIDELITY MERRIMACK STR TR$30.4M
- VANGUARD SCOTTSDALE FDS$29.1M
Exited Positions
- NICOLET BANKSHARES INC$107.1M
- DUPONT DE NEMOURS INC$242.1K
- iShares 10-20 Year Treasury Bond ETF$229.7K
- TIMOTHY PLAN U S LARGE CAP CORE ETF$206.5K
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | SPDR SERIES TRUST | SPYM | 78464A854 | $289.6M | 10.68% | 3,755,499 | SH |
| 2 | SPDR SERIES TRUST | SPYV | 78464A508 | $67.8M | 2.50% | 1,196,100 | SH |
| 3 | SPDR SERIES TRUST | SPYM | 78464A854 | $67.3M | 2.48% | 879,057 | SH |
| 4 | AMERICAN CENTY ETF TR | AVEM | 025072604 | $63.2M | 2.33% | 777,771 | SH |
| 5 | SPDR SERIES TRUST | SPYG | 78464A409 | $57.6M | 2.13% | 580,725 | SH |
| 6 | VANGUARD TAX-MANAGED FDS | VEA | 921943858 | $52.7M | 1.95% | 809,645 | SH |
| 7 | APPLE INC | AAPL | 037833100 | $51.9M | 1.92% | 203,202 | SH |
| 8 | ISHARES TR | ITOT | 464287150 | $46.3M | 1.71% | 322,440 | SH |
| 9 | APPLE INC | AAPL | 037833100 | $45.5M | 1.68% | 179,305 | SH |
| 10 | VANGUARD MUN BD FDS | VTEB | 922907746 | $39.0M | 1.44% | 782,338 | SH |
| 11 | SPDR SERIES TRUST | SPYV | 78464A508 | $39.0M | 1.44% | 689,461 | SH |
| 12 | SCHWAB STRATEGIC TR | SCHV | 808524409 | $36.4M | 1.34% | 1,193,258 | SH |
| 13 | VANGUARD INDEX FDS | VOO | 922908363 | $33.1M | 1.22% | 55,318 | SH |
| 14 | VANGUARD INDEX FDS | VO | 922908629 | $32.7M | 1.20% | 112,994 | SH |
| 15 | FIDELITY MERRIMACK STR TR | FBND | 316188309 | $30.2M | 1.11% | 662,059 | SH |
| 16 | VANGUARD SCOTTSDALE FDS | VONG | 92206C680 | $29.1M | 1.07% | 265,499 | SH |
| 17 | BERKSHIRE HATHAWAY INC DEL | BRK.B | 084670702 | $27.7M | 1.02% | 57,933 | SH |
| 18 | ISHARES TR | MUB | 464288414 | $26.3M | 0.97% | 248,067 | SH |
| 19 | ISHARES TR | IEFA | 46432F842 | $24.1M | 0.89% | 266,574 | SH |
| 20 | AMERICAN CENTY ETF TR | AVEM | 025072604 | $23.2M | 0.86% | 287,894 | SH |
| 21 | SPDR SERIES TRUST | SPYG | 78464A409 | $21.9M | 0.81% | 223,868 | SH |
| 22 | MICROSOFT CORP | MSFT | 594918104 | $21.6M | 0.80% | 58,337 | SH |
| 23 | VANGUARD INDEX FDS | VOO | 922908363 | $20.9M | 0.77% | 34,697 | SH |
| 24 | VICTORY PORTFOLIOS II | UITB | 92647N527 | $20.8M | 0.77% | 443,641 | SH |
| 25 | MICROSOFT CORP | MSFT | 594918104 | $20.2M | 0.75% | 54,753 | SH |
| 26 | NVIDIA CORPORATION | NVDA | 67066G104 | $20.2M | 0.75% | 114,911 | SH |
| 27 | JPMORGAN CHASE & CO | JPM | 46625H100 | $20.1M | 0.74% | 68,178 | SH |
| 28 | VANGUARD BD INDEX FDS | BND | 921937835 | $19.7M | 0.73% | 267,850 | SH |
| 29 | PROCTER & GAMBLE CO | PG | 742718109 | $18.5M | 0.68% | 128,497 | SH |
| 30 | SCHWAB STRATEGIC TR | SCHB | 808524102 | $17.6M | 0.65% | 699,782 | SH |
| 31 | AMERICAN CENTY ETF TR | AVRE | 025072356 | $17.5M | 0.65% | 394,673 | SH |
| 32 | STATE STR SPDR S&P 500 ETF T | SPY | 78462F103 | $17.4M | 0.64% | 26,687 | SH |
| 33 | WEC ENERGY GROUP INC | WEC | 92939U106 | $16.5M | 0.61% | 142,194 | SH |
| 34 | ISHARES TR | AGG | 464287226 | $15.6M | 0.58% | 157,465 | SH |
| 35 | VANGUARD SCOTTSDALE FDS | VCLT | 92206C813 | $15.5M | 0.57% | 207,377 | SH |
| 36 | SPDR SERIES TRUST | SPAB | 78464A649 | $15.5M | 0.57% | 603,339 | SH |
| 37 | VANGUARD TAX-MANAGED FDS | VEA | 921943858 | $15.0M | 0.55% | 233,422 | SH |
| 38 | ISHARES TR | IVV | 464287200 | $14.9M | 0.55% | 22,736 | SH |
| 39 | AMAZON COM INC | AMZN | 023135106 | $14.6M | 0.54% | 70,097 | SH |
| 40 | VANGUARD SCOTTSDALE FDS | VCSH | 92206C409 | $14.5M | 0.53% | 182,297 | SH |
| 41 | NVIDIA CORPORATION | NVDA | 67066G104 | $14.4M | 0.53% | 82,706 | SH |
| 42 | ALPHABET INC | GOOGL | 02079K305 | $14.0M | 0.52% | 46,972 | SH |
| 43 | AMAZON COM INC | AMZN | 023135106 | $13.7M | 0.51% | 65,229 | SH |
| 44 | VANGUARD SCOTTSDALE FDS | VONE | 92206C730 | $13.3M | 0.49% | 45,157 | SH |
| 45 | JPMORGAN CHASE & CO | JPM | 46625H100 | $12.6M | 0.46% | 42,778 | SH |
| 46 | ALPHABET INC | GOOG | 02079K107 | $12.3M | 0.46% | 43,037 | SH |
| 47 | VANGUARD INDEX FDS | VTV | 922908744 | $12.2M | 0.45% | 62,264 | SH |
| 48 | ISHARES TR | IVW | 464287309 | $12.0M | 0.44% | 106,259 | SH |
| 49 | ISHARES TR | IVV | 464287200 | $11.7M | 0.43% | 17,785 | SH |
| 50 | META PLATFORMS INC | META | 30303M102 | $10.8M | 0.40% | 18,824 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-05-14 | $2.71B | 832 | 0001174850-26-000116 |
| 2025-12-31 | 2026-02-09 | $624.0M | 231 | 0001174850-26-000041 |
| 2025-09-30 | 2025-11-13 | $622.3M | 223 | 0001174850-25-000085 |