NICOLET ADVISORY SERVICES, LLC

CIK: 0001775863SEC EDGAR →

Portfolio Value

$1.5B

Holdings

421

As of

Q4 2025

New Positions

413

Closed Positions

0

Top 10 Holdings

RankStockSharesValue% of Portfolio
1

SPDR SERIES TRUST

3,610,494$295.0M
19.88%
2

SPDR SERIES TRUST

1,208,677$70.0M
4.72%
3

SPDR SERIES TRUST

585,065$63.0M
4.25%
4

AMERICAN CENTY ETF TR

754,863$61.0M
4.11%
5

APPLE INC

201,637$52.0M
3.50%
6

VANGUARD TAX-MANAGED FDS

720,525$46.0M
3.10%
7

ISHARES TR

307,968$46.0M
3.10%
8

VANGUARD MUN BD FDS

695,282$35.0M
2.36%
9

VANGUARD INDEX FDS

107,901$32.0M
2.16%
10

BERKSHIRE HATHAWAY INC DEL

58,069$28.0M
1.89%

Quarterly Changes

Top Buys

SPYM↑ Increased
$292.4M
AVEM↑ Increased
$23.9M
VEA↑ Increased
$11.8M
VOO↑ Increased
$7.2M
VTEB↑ Increased
$6.9M

Top Sells

SPYV↓ Decreased
$106.6M
SPYG↓ Decreased
$98.2M
JPM↓ Decreased
$8.3M
IGF↓ Decreased
$4.4M
AVRE↓ Decreased
$4.1M

New Positions (35)

$5.0M · 16K shares
$2.0M · 74K shares
$2.0M · 15K shares
$2.0M · 7K shares
$2.0M · 85K shares
$1.0M · 12K shares
$1.0M · 5K shares
$0 · 13K shares
$0 · 4K shares
$0 · 5K shares
$0 · 5K shares
$0 · 15K shares
$0 · 1K shares
$0 · 3K shares
$0 · 15K shares
$0 · 1K shares
$0 · 2K shares
$0 · 6K shares
$0 · 3K shares
$0 · 4K shares
$0 · 765 shares
$0 · 791 shares
$0 · 11K shares
$0 · 1K shares
$0 · 375 shares
$0 · 3K shares
$0 · 5K shares
$0 · 3K shares
$0 · 898 shares
$0 · 4K shares
$0 · 2K shares
$0 · 4K shares
$0 · 18K shares
$0 · 3K shares
$0 · 3K shares

Closed Positions (29)

$2.3M · 14K shares
$2.1M · 7K shares
$965K · 14K shares
$488K · 9K shares
$467K · 19K shares
$413K · 5K shares
$342K · 20K shares
$342K · 20K shares
$326K · 434 shares
$297K · 9K shares
$286K · 4K shares
$286K · 4K shares
$252K · 3K shares
$249K · 2K shares
$246K · 3K shares
$233K · 243 shares
$232K · 5K shares
$231K · 5K shares
$228K · 3K shares
$224K · 762 shares
$218K · 2K shares
$215K · 2K shares
$215K · 1K shares
$212K · 2K shares
$212K · 403 shares
$209K · 4K shares
$111K · 10K shares
$55K · 10K shares
$45K · 18K shares

Sector Breakdown

Sector# HoldingsValue%
Financial Services155$955.0M73.3%
Technology61$129.0M9.9%
Consumer Defensive15$39.0M3.0%
Consumer Cyclical26$38.0M2.9%
Communication Services10$36.0M2.8%
Unknown17$34.0M2.6%
Industrials56$28.0M2.1%
Healthcare39$20.0M1.5%
Utilities12$15.0M1.2%
Energy14$8.0M0.6%
Real Estate8$1.0M0.1%
Basic Materials8$00.0%