Nicholas Investment Partners, LP — 13F Holdings & Portfolio
CIK 1389574 · latest 13F-HR filed 2026-05-15
Nicholas Investment Partners, LP manages $1.39B in 13F-reported U.S. long-equity assets across 205 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are BWXT (3.86%), INSM (2.15%), KTOS (1.99%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 35 new positions, exited 35, added to 65, and trimmed 76.
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.
$1.39B
Long-equity book
205
Distinct positions
2026-03-31
Filed 2026-05-15
+35 / −35 / ↑65 / ↓76
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- MODINE MFG CO$13.6M +145.9%
- BWX TECHNOLOGIES INC$8.5M +18.8%
- GE VERNOVA INC$6.7M +33.6%
- CONOCOPHILLIPS$6.4M +340.7%
- CENTURY ALUM CO$5.8M +50.5%
Top Trims
- ABERCROMBIE & FITCH CO-$14.5M -88.5%
- MIRION TECHNOLOGIES INC-$14.1M -93.9%
- MADDEN STEVEN LTD-$11.1M -63.1%
- LENDINGCLUB ISSUANCE TR SER-$9.6M -71.6%
- GUARDANT HEALTH INC-$8.9M -89.1%
New Positions
- STERLING INFRASTRUCTURE INC$20.2M
- LINCOLN EDL SVCS CORP$18.7M
- CALLAWAY GOLF CO$15.6M
- ADVANCED ENERGY INDS$13.0M
- BRIDGEBIO PHARMA INC$10.2M
Exited Positions
- PIPER SANDLER COMPANIES$15.9M
- WINGSTOP INC$14.0M
- NORWEGIAN CRUISE LINE HLDG L$10.2M
- APPFOLIO INC$9.2M
- REPLIGEN CORP$7.7M
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 | BWX TECHNOLOGIES INC | BWXT | 05605H100 | $53.5M | 3.86% | 261,867 | SH |
| 2 | INSMED INC | INSM | 457669307 | $29.8M | 2.15% | 182,540 | SH |
| 3 | KRATOS DEFENSE & SEC SOLUTIO | KTOS | 50077B207 | $27.6M | 1.99% | 390,924 | SH |
| 4 | GE VERNOVA INC | GEV | 36828A101 | $26.5M | 1.92% | 30,410 | SH |
| 5 | REVOLUTION MEDICINES INC | RVMD | 76155X100 | $25.4M | 1.83% | 261,166 | SH |
| 6 | EMBRAER S.A. | EMBJ | 29082A107 | $25.4M | 1.83% | 427,288 | SH |
| 7 | MODINE MFG CO | MOD | 607828100 | $23.0M | 1.66% | 106,134 | SH |
| 8 | BRIDGEBIO PHARMA INC | BBIO | 10806X102 | $22.2M | 1.60% | 298,909 | SH |
| 9 | NVIDIA CORPORATION | NVDA | 67066G104 | $20.6M | 1.49% | 118,347 | SH |
| 10 | STERLING INFRASTRUCTURE INC | STRL | 859241101 | $20.2M | 1.46% | 49,688 | SH |
| 11 | CAMECO CORP | CCJ | 13321L108 | $18.8M | 1.36% | 173,449 | SH |
| 12 | LINCOLN EDL SVCS CORP | LINC | 533535100 | $18.7M | 1.35% | 459,509 | SH |
| 13 | EXXON MOBIL CORP | XOM | 30231G102 | $17.9M | 1.29% | 105,500 | SH |
| 14 | CENTURY ALUM CO | CENX | 156431108 | $17.2M | 1.24% | 292,402 | SH |
| 15 | CARPENTER TECHNOLOGY CORP | CRS | 144285103 | $16.5M | 1.19% | 41,756 | SH |
| 16 | NUVALENT INC | NUVL | 670703107 | $16.4M | 1.18% | 159,721 | SH |
| 17 | WINTRUST FINL CORP | WTFC | 97650W108 | $16.2M | 1.17% | 116,841 | SH |
| 18 | BROADCOM INC | AVGO | 11135F101 | $16.2M | 1.17% | 52,405 | SH |
| 19 | PAR PAC HOLDINGS INC | PARR | 69888T207 | $15.7M | 1.13% | 250,787 | SH |
| 20 | CALLAWAY GOLF CO | CALY | 131193104 | $15.6M | 1.13% | 1,125,984 | SH |
| 21 | FTAI AVIATION LTD | FTAI | G3730V105 | $15.4M | 1.11% | 62,674 | SH |
| 22 | BLOOM ENERGY CORP | BE | 093712107 | $15.1M | 1.09% | 111,549 | SH |
| 23 | AMAZON COM INC | AMZN | 023135106 | $14.7M | 1.06% | 70,348 | SH |
| 24 | TRANSFORCE INC | TFII | 87241L109 | $14.5M | 1.05% | 133,620 | SH |
| 25 | XENON PHARMACEUTICALS INC | XENE | 98420N105 | $14.4M | 1.04% | 247,101 | SH |
| 26 | NEXTERA ENERGY CAP HLDGS INC | NEE | 65339KCY4 | $14.2M | 1.03% | 10,245,000 | PRN |
| 27 | TANGER INC | SKT | 875465106 | $13.9M | 1.00% | 408,826 | SH |
| 28 | TAIWAN SEMICONDUCTOR MANUFAC | TSM | 874039100 | $13.9M | 1.00% | 41,062 | SH |
| 29 | AXSOME THERAPEUTICS INC. | AXSM | 05464T104 | $13.8M | 0.99% | 81,478 | SH |
| 30 | MONOLITHIC PWR SYS INC | MPWR | 609839105 | $13.2M | 0.95% | 12,029 | SH |
| 31 | LATTICE SEMICONDUCTOR CORP | LSCC | 518415104 | $13.0M | 0.94% | 140,631 | SH |
| 32 | ADVANCED ENERGY INDS | AEIS | 007973100 | $13.0M | 0.94% | 40,359 | SH |
| 33 | SPHERE ENTERTAINMENT CO | SPHR | 55826T102 | $12.8M | 0.92% | 108,750 | SH |
| 34 | XPO INC | XPO | 983793100 | $12.4M | 0.89% | 63,679 | SH |
| 35 | MIRUM PHARMACEUTICALS INC | MIRM | 604749101 | $12.1M | 0.88% | 131,303 | SH |
| 36 | RUSH STREET INTERACTIVE INC | RSI | 782011100 | $11.8M | 0.85% | 542,656 | SH |
| 37 | BOEING CO | BAPA | 097023204 | $11.6M | 0.84% | 179,250 | PRN |
| 38 | FABRINET | FN | G3323L100 | $11.4M | 0.82% | 21,815 | SH |
| 39 | APOGEE THERAPEUTICS INC | APGE | 03770N101 | $11.0M | 0.80% | 130,992 | SH |
| 40 | ROCKET LAB CORP | RKLB | 773121108 | $11.0M | 0.79% | 171,517 | SH |
| 41 | GOLDMAN SACHS GROUP INC | GS | 38141G104 | $11.0M | 0.79% | 13,000 | SH |
| 42 | MACOM TECH SOLUTIONS HLDGS I | MTSI | 55405Y100 | $11.0M | 0.79% | 49,523 | SH |
| 43 | CONSTRUCTION PARTNERS INC | ROAD | 21044C107 | $10.8M | 0.78% | 97,032 | SH |
| 44 | BRIDGEBIO PHARMA INC | BBIO | 10806XAJ1 | $10.2M | 0.73% | 6,000,000 | PRN |
| 45 | SNOWFLAKE INC | SNOW | 833445AD1 | $10.2M | 0.73% | 8,300,000 | PRN |
| 46 | ABIVAX SA | ABVX | 00370M103 | $10.0M | 0.72% | 90,206 | SH |
| 47 | POWELL INDS INC | POWL | 739128106 | $10.0M | 0.72% | 18,520 | SH |
| 48 | SEAGATE HDD CAYMAN | STX | 81180WBL4 | $9.8M | 0.71% | 2,070,000 | PRN |
| 49 | PLANET LABS PBC | PL | 72703X106 | $9.4M | 0.68% | 337,923 | SH |
| 50 | SITIME CORP | SITM | 82982T106 | $9.3M | 0.67% | 26,792 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-05-15 | $1.39B | 205 | 0001389574-26-000002 |
| 2025-12-31 | 2026-02-13 | $1.37B | 205 | 0001389574-26-000001 |
| 2025-09-30 | 2025-11-14 | $1.31B | 211 | 0001389574-25-000002 |