Nicolet Bankshares Inc.

Name: NICOLET BANKSHARES INC 13F holdings, Q3 2025
Creator: NICOLET BANKSHARES INC
Published: 2025-11-13

Q2 2026Q1 2026Q4 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 13, 2025), Nicolet Bankshares Inc. reported 218 stock positions worth $622.3 million. Its top holding was Nicolet Bankshares (NIC) at 19.2% of the portfolio, followed by SS SPDR P S&P 500 Value ETF (SPYV, 9.4%) and SS SPDR P S&P 500 Growth ETF (SPYG, 6.5%). Compared with Q2 2025, it opened 17 new positions, sold out of 6, added to 84 and reduced 71. The biggest buy was a new position in State Street SPDR MSCI Acwi (CWI) and the biggest sale SS SPDR P S&P 500 Value ETF (SPYV, shares −4%).

Most Recent 13F: Q2 2026
Location: GREEN BAY, WI
CIK: 0001174850
Portfolio Value: $622.3M (Q3 2025)
SEC Filing: 0001174850-25-000085 ↗ filed Nov 13, 2025

Holdings Value

Holdings 218 stocks · $622.3M


NIC Nicolet Bankshares Inc.	19.17%	887,044	$119.3M	Reduce -0.0%
SPYV SS SPDR P S&P 500 Value ETF	9.41%	1,058,711	$58.6M	Reduce -4.3%
SPYG SS SPDR P S&P 500 Growth ETF	6.54%	389,108	$40.7M	Reduce -1.3%
VOO Vanguard S&P 500 ETF	4.22%	42,910	$26.3M	Add +2.9%
AAPL Apple Inc.	2.72%	66,541	$16.9M	Reduce -0.8%
MSFT Microsoft Corp.	2.52%	30,288	$15.7M	Add +1.1%
AVEM Avantis Emerging Markets Eq	2.44%	201,816	$15.2M	Add +3.4%
NVDA Nvidia Corp.	2.28%	75,931	$14.2M	Reduce -1.1%
SPY SS SPDR S&P 500 ETF Trust-US	2.16%	20,134	$13.4M	Reduce -11.0%
IVW iShares S&P 500 Growth ETF	2.09%	107,585	$13.0M	Reduce -11.6%
IVV iShares Core S&P 500 ETF	1.57%	14,593	$9.8M	Reduce -5.2%
VEA Vanguard Ftse Developed ETF	1.53%	158,496	$9.5M	Add +8.3%
AVRE Avantis Real Estate ETF	1.32%	184,695	$8.2M	Add +25.4%
JPM JPMorgan Chase & Co.	1.21%	23,860	$7.5M	Add +1.3%
AMZN Amazon.com Inc.	1.21%	34,263	$7.5M	Add +1.6%
GOOG Alphabet Inc. Class C	1.12%	28,500	$6.9M	Reduce -2.0%
IWF iShares Russell 1000 Growth	1.11%	14,770	$6.9M	Reduce -6.0%
EFA iShares MSCI Eafe ETF	1.01%	67,256	$6.3M	Reduce -2.9%
AMLP Alerian MLP ETF	0.99%	130,978	$6.1M	Reduce -5.2%
COST Costco Wholesale Corp.	0.95%	6,417	$5.9M	Add +0.9%
AMJB Alerian MLP ETN2044 filed as JPMORGAN CHASE FINL CO LLC	0.93%	194,978	$5.8M	Add +1.0%
IVE iShares S&P 500 Value ETF	0.89%	26,794	$5.5M	Reduce -16.6%
GOOGL Alphabet Inc. Class A	0.83%	21,323	$5.2M	Add +2.2%
META Meta Platforms Inc. Class A	0.79%	6,736	$4.9M	Add +6.2%
VTI VG Morningstar TS MKT ETF-US	0.78%	14,739	$4.8M	Add +6.3%
MA Mastercard Inc. Class A	0.61%	6,708	$3.8M	Add +0.7%
VTV Vanguard Mrngstr Val ETF-Aui	0.58%	19,251	$3.6M	Reduce -0.3%
ORCL Oracle Corp.	0.56%	12,393	$3.5M	Add +2.6%
ABT Abbott Laboratories	0.53%	24,797	$3.3M	Add +2.1%
PG The Procter & Gamble Co.	0.48%	19,434	$3.0M	Reduce -1.1%
XOM Exxon Mobil Corp.	0.48%	26,328	$3.0M	Add +2.2%
HD Home Depot Inc.	0.47%	7,223	$2.9M	Add +1.4%
BRK.B Berkshire Hathaway Inc. Class B	0.47%	5,756	$2.9M	Reduce -1.4%
WMT Walmart Inc.	0.41%	24,849	$2.6M	Add +1.7%
IWD iShares Russell 1000 Value E	0.40%	12,215	$2.5M	No change
IWM iShares Russell 2000 ETF	0.39%	10,017	$2.4M	Reduce -3.1%
VV Vngrd Mrgstr LRG-Cap ETF-Usd	0.39%	7,863	$2.4M	Reduce -3.3%
KO The Coca-Cola Co.	0.39%	36,468	$2.4M	Add +3.6%
VUG Vanguard Mrngstar GR ETF-Sui	0.39%	5,012	$2.4M	No change
MCD McDonald's Corp.	0.37%	7,660	$2.3M	Add +1.8%
ETN Eaton Corp. PLC	0.37%	6,160	$2.3M	Add +6.7%
PANW Palo Alto Networks Inc.	0.36%	10,975	$2.2M	Add +0.9%
WEC WEC Energy Group Inc.	0.36%	19,344	$2.2M	Reduce -0.1%
VOE Vngrd Mrngstr MD-Cap Val ETF	0.35%	12,484	$2.2M	Add +9.9%
TJX TJX Companies Inc. filed as TJX COS INC NEW	0.35%	15,074	$2.2M	Add +5.7%
JNJ Johnson & Johnson	0.34%	11,458	$2.1M	Add +9.2%
CAT Caterpillar Inc.	0.33%	4,320	$2.1M	Add +25.4%
GD General Dynamics Corp.	0.33%	5,987	$2.0M	Add +1.8%
VXUS Vanguard Total Intl Stock	0.32%	26,688	$2.0M	Add +7.1%
NSC Norfolk Southern Corp.	0.30%	6,259	$1.9M	Add +3.2%
VO Vngrd Mrngstr MD-Cap ETF-Usd	0.30%	6,381	$1.9M	Reduce -11.1%
ADI Analog Devices Inc.	0.30%	7,536	$1.9M	Add +4.7%
QQQ Invesco QQQ Trust Series 1	0.30%	3,075	$1.8M	Reduce -0.7%
CRM Salesforce Inc.	0.29%	7,499	$1.8M	Reduce -2.1%
CVX Chevron Corp.	0.28%	11,282	$1.8M	Reduce -0.0%
ADBE Adobe Inc.	0.28%	4,926	$1.7M	Add +9.5%
CSCO Cisco Systems Inc.	0.27%	24,861	$1.7M	Add +1.9%
IJH iShares Core S&P Midcap ETF	0.27%	25,914	$1.7M	Add +86.2%
HON Honeywell International Inc.	0.27%	8,033	$1.7M	Add +3.0%
CWI State Street SPDR MSCI Acwi	0.27%	47,928	$1.7M	New
DE Deere & Co.	0.26%	3,595	$1.6M	Add +4.2%
AVGO Broadcom Inc.	0.26%	4,946	$1.6M	Add +21.3%
BND Vanguard Total Bond Market	0.26%	21,423	$1.6M	Reduce -40.8%
SPTM SS SPDR P S&P 1500 Comp ETF	0.25%	19,350	$1.6M	Add +15.0%
COR Cencora Inc.	0.25%	4,932	$1.5M	Add +23.8%
RTX RTX Corp.	0.24%	8,760	$1.5M	Add +33.7%
DFAC Dimensional US Core Equity 2	0.23%	37,742	$1.5M	Reduce -0.2%
MDLZ Mondelez International Inc. Class A	0.22%	22,220	$1.4M	Add +10.6%
SCHW Schwab (charles) Corp.	0.22%	14,429	$1.4M	Add +10.6%
BX Blackstone Inc.	0.22%	7,917	$1.4M	Add +8.3%
SNDR Schneider National Inc. Class B	0.21%	62,949	$1.3M	No change
ABBV Abbvie Inc.	0.21%	5,708	$1.3M	Add +5.5%
WFC Wells Fargo & Co.	0.21%	15,710	$1.3M	Reduce -6.9%
LRCX Lam Research Corp.	0.21%	9,760	$1.3M	No change
INTU Intuit Inc.	0.21%	1,903	$1.3M	Add +14.9%
LOW Lowe's Cos Inc.	0.21%	5,125	$1.3M	Add +7.3%
IBIT iShares Bitcoin Trust ETF	0.21%	19,771	$1.3M	Add +4.0%
ICE Intercontinental Exchange Inc.	0.21%	7,600	$1.3M	Reduce -2.6%
VB Vanguard Most SM-Cap ETF-Usd	0.21%	5,035	$1.3M	Add +24.2%
V Visa Inc. Class A	0.20%	3,735	$1.3M	No change
NEE Nextera Energy Inc.	0.20%	16,766	$1.3M	Add +11.9%
CMG Chipotle Mexican Grill Inc.	0.20%	31,674	$1.2M	Reduce -5.0%
VOOG Vanguard S&P 500 Growth ETF	0.20%	2,841	$1.2M	No change
GUNR NT Mstar GLBL NR ETF	0.20%	27,975	$1.2M	Reduce -30.9%
NFLX Netflix Inc.	0.20%	1,016	$1.2M	Add +56.3%
DIS The Walt Disney Co. filed as DISNEY WALT CO	0.19%	10,367	$1.2M	Add +3.8%
AMD Advanced Micro Devices	0.19%	7,254	$1.2M	Add +27.3%
PFE Pfizer Inc.	0.19%	45,392	$1.2M	Add +30.6%
AMT American Tower Corp.	0.18%	5,886	$1.1M	Add +21.0%
GSK GSK PLC-Spon ADR	0.18%	26,212	$1.1M	Add +4.3%
IWB iShares Russell 1000 ETF	0.18%	3,057	$1.1M	No change
YLD Principal Act Hi YLD ETF	0.17%	55,621	$1.1M	Add +26.3%
BFC Bank First Corp.	0.17%	8,914	$1.1M	No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS	0.17%	3,731	$1.1M	Reduce -1.9%
LLY Eli Lilly & Co.	0.17%	1,378	$1.1M	Reduce -4.6%
PEP Pepsico Inc.	0.17%	7,359	$1.0M	Add +2.1%
IWS iShares Russell Mid-Cap Valu	0.16%	7,292	$1.0M	No change
DHR Danaher Corp.	0.16%	4,922	$976K	Reduce -2.7%
AGG iShares Core U.S. Aggregate	0.15%	9,489	$951K	Add +14.0%
PM Philip Morris International	0.14%	5,524	$896K	Reduce -0.6%
UNH Unitedhealth Group Inc.	0.14%	2,559	$884K	Add +8.8%
BA The Boeing Co.	0.14%	4,075	$880K	Add +4.6%
CVS CVS Health Corp.	0.14%	11,600	$875K	Reduce -0.9%
IWP iShares Russell Mid-Cap Grow	0.14%	6,057	$863K	No change
IEMG iShares Core MSCI Emerging	0.14%	12,980	$856K	Reduce -23.9%
CMCSA Comcast Corp. Class A	0.14%	26,846	$844K	Add +1.7%
RSP Invesco S&P 500 Equal Weight	0.13%	4,425	$839K	Add +20.4%
UNP Union Pacific Corp.	0.13%	3,481	$823K	Add +4.7%
TMO Thermo Fisher Scientific Inc.	0.13%	1,678	$814K	Reduce -3.5%
EOG EOG Resources Inc.	0.13%	7,207	$808K	Add +9.8%
VWO Vanguard Ftse Emerging Marke	0.13%	14,614	$792K	Reduce -24.4%
VEU Vanguard Ftse All-World Ex-U	0.13%	10,901	$778K	Add +12.1%
VXF Vanguard Extended Market ETF	0.12%	3,695	$774K	Add +13.7%
GWW WW Grainger Inc. filed as GRAINGER W W INC	0.12%	804	$766K	Reduce -14.1%
GS Goldman Sachs Group Inc.	0.12%	956	$761K	Add +7.0%
MDY State Street SPDR S&P Midcap	0.12%	1,241	$740K	Reduce -0.1%
BMY Bristol-Myers Squibb Co.	0.12%	16,361	$738K	Reduce -22.9%
VHT Vanguard Health Care ETF	0.12%	2,832	$735K	No change
NOW ServiceNow Inc.	0.12%	794	$731K	Add +4.3%
MRSH Marsh & McLennan Cos	0.12%	3,605	$727K	Reduce -2.9%
VGSH Vanguard Short-Term Treasury	0.12%	12,204	$718K	Add +136.3%
APH Amphenol Corp. Class A	0.11%	5,744	$711K	Reduce -10.8%
PYPL PayPal Holdings Inc.	0.11%	10,355	$694K	Add +17.2%
CARR Carrier Global Corp.	0.11%	11,628	$694K	Add +66.4%
NKE Nike Inc. Class B	0.11%	9,705	$677K	Reduce -1.4%
BLK BlackRock Inc.	0.11%	580	$676K	Reduce -36.3%
ACN Accenture PLC Class A	0.11%	2,725	$672K	Reduce -16.6%
IJR iShares Core S&P Small-Cap E	0.11%	5,611	$667K	Reduce -0.6%
ORLY O'reilly Automotive Inc.	0.11%	6,180	$666K	No change
SLB SLB Ltd. filed as SCHLUMBERGER LTD	0.11%	19,141	$658K	Reduce -0.4%
FISV Fiserv Inc.	0.11%	5,076	$654K	No change
IGF iShares Global Infrastructur	0.10%	10,470	$640K	Add +35.5%
JMBS Janus Henderson Mortg Backed	0.10%	13,823	$631K	Add +9.0%
UITB Victoryshares Core Intermedi	0.10%	12,900	$613K	New
EVRG Evergy Inc.	0.10%	8,000	$608K	No change
C Citigroup Inc.	0.10%	5,990	$608K	New
DD Dupont DE Nemours Inc.	0.10%	7,720	$601K	Reduce -2.1%
MUB iShares National Muni Bond E	0.09%	5,527	$589K	Reduce -8.3%
FIS Fidelity National Info Serv	0.09%	8,746	$577K	Add +10.8%
DFUS Dimensional US Eq MKT ETF	0.09%	7,736	$560K	No change
BDX Becton Dickinson and Co.	0.09%	2,968	$556K	Reduce -4.0%
FCX Freeport-McMoran Inc.	0.09%	14,153	$555K	Add +1.5%
MRK Merck & Co. Inc.	0.09%	6,529	$548K	Add +5.8%
IWR iShares Russell Mid-Cap ETF	0.09%	5,644	$545K	No change
CATH Global X S&P 500 Ca Val ETF	0.09%	6,668	$540K	No change
ITW Illinois Tool Works	0.08%	2,017	$526K	No change
ZBH Zimmer Biomet Holdings Inc.	0.08%	5,256	$518K	Reduce -9.2%
SCHE Schwab Emrg Mrkts Eqty ETF	0.08%	15,092	$504K	Add +5.2%
VGT Vanguard Info Tech ETF	0.08%	664	$496K	No change
GE General Electric filed as GE AEROSPACE	0.08%	1,636	$492K	No change
LMT Lockheed Martin Corp.	0.08%	963	$481K	Add +4.0%
YUM Yum! Brands Inc.	0.08%	3,123	$475K	Add +6.8%
LIN Linde PLC	0.08%	997	$474K	Reduce -4.8%
TFC Truist Financial Corp.	0.07%	9,988	$457K	Reduce -52.0%
AFL Aflac Inc.	0.07%	4,087	$457K	No change
FDX FedEx Corp.	0.07%	1,917	$452K	Reduce -42.1%
IWN iShares Russell 2000 Value E	0.07%	2,511	$444K	Add +9.7%
DLN Wisdomtree US Largecap Divid	0.07%	5,084	$442K	No change
CSX CSX Corp.	0.07%	12,394	$440K	No change
CPRT Copart Inc.	0.07%	9,724	$437K	No change
XLK SS Technology Select Sector	0.07%	1,545	$435K	No change
QCOM Qualcomm Inc.	0.07%	2,591	$431K	No change
KKR KKR & Co. Inc.	0.07%	3,287	$427K	New
GLD SPDR Gold Shares	0.07%	1,198	$426K	Reduce -7.7%
XLU St Sr Utl SL SE SPDR ETF-Usd	0.07%	4,826	$421K	No change
TPR Tapestry Inc.	0.07%	3,708	$420K	New
BOND PIMCO Active Bond Exchange-T	0.07%	4,484	$419K	Add +10.4%
ICF iShares Select U.S. REIT ETF	0.07%	6,680	$412K	No change
COP Conocophillips	0.06%	4,245	$402K	Add +37.0%
AMGN Amgen Inc.	0.06%	1,410	$398K	Reduce -0.7%
BIIB Biogen Inc.	0.06%	2,792	$391K	Add +0.1%
SDY SS SPDR S&P Dividend ETF	0.06%	2,673	$374K	Reduce -23.4%
INTC Intel Corp.	0.06%	11,107	$373K	Reduce -1.5%
EMR Emerson Electric Co.	0.06%	2,814	$369K	No change
AMAT Applied Materials Inc.	0.06%	1,800	$369K	No change
MAS Masco Corp.	0.06%	5,210	$367K	Reduce -6.9%
SSNC Ss&c Technologies Holdings	0.06%	4,063	$361K	No change
DVY iShares Select Dividend ETF	0.06%	2,475	$352K	Reduce -35.0%
TLH iShares 10-20 Year Treasury	0.06%	3,385	$349K	Reduce -26.6%
KMB Kimberly-Clark Corp.	0.05%	2,748	$342K	Reduce -3.3%
EFX Equifax Inc.	0.05%	1,260	$323K	Reduce -2.3%
SCHF Schwab Intl Equity ETF	0.05%	13,576	$316K	Reduce -4.2%
SBUX Starbucks Corp.	0.05%	3,642	$308K	No change
MCHP Microchip Technology Inc.	0.05%	4,688	$301K	Reduce -11.2%
VOT Vngrd Mrngstr MC GRW ETF-Usd	0.05%	1,013	$298K	Add +17.4%
MO Altria Group Inc.	0.05%	4,466	$295K	No change
XLF SS Financial Select Sector	0.05%	5,330	$287K	No change
AOS Smith (a.o.) Corp.	0.05%	3,900	$286K	No change
ACIW Aci Worldwide Inc.	0.05%	5,387	$284K	No change
IEFA iShares Core MSCI Eafe ETF	0.04%	3,180	$278K	No change
BBWI Bath & Body Works Inc.	0.04%	10,444	$269K	Reduce -31.5%
PSX Phillips 66	0.04%	1,971	$268K	No change
AWK American Water Works Co. Inc.	0.04%	1,875	$261K	No change
WH Wyndham Hotels & Resorts Inc.	0.04%	3,265	$261K	Reduce -4.4%
SYK Stryker Corp.	0.04%	693	$256K	Reduce -2.1%
VCSH Vanguard S/T Corp. Bond ETF	0.04%	3,080	$246K	New
VRTX Vertex Pharmaceuticals Inc.	0.04%	617	$242K	No change
SPGI S&P Global Inc.	0.04%	495	$241K	No change
VZ Verizon Communications Inc.	0.04%	5,465	$240K	Add +15.9%
SNPS Synopsys Inc.	0.04%	482	$238K	New
PFG Principal Financial Group	0.04%	2,845	$236K	No change
APD Air Products & Chemicals Inc.	0.04%	859	$234K	New
XLE SS Energy Select Sector	0.04%	2,605	$233K	No change
OVL Overlay Shares Large Cap Eq	0.04%	4,425	$232K	No change
TSLA Tesla Inc.	0.04%	519	$231K	New
SCZ iShares MSCI Eafe Small-Cap	0.04%	2,889	$222K	Reduce -43.3%
SPDW Ste STR SPDR PT DW Eu ETF	0.04%	5,178	$222K	No change
EFV iShares MSCI Eafe Value ETF	0.04%	3,238	$220K	No change
JPST JPMorgan Ultra-Short Income	0.04%	4,303	$218K	New
CDW CDW Corp.	0.03%	1,348	$215K	Reduce -52.9%
TSCO Tractor Supply Company	0.03%	3,750	$213K	New
ASML ASML Holding NV-NY Reg SHS	0.03%	219	$212K	New
LHX L3HARRIS Technologies Inc.	0.03%	694	$212K	New
T AT&T Inc.	0.03%	7,495	$212K	Reduce -5.1%
TPLC Timothy PLN US LRG/Mid Cap	0.03%	4,544	$210K	New
FBTC Fidelity Wise Origin Bitcoin	0.03%	2,076	$207K	New
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC	0.03%	2,008	$206K	New
GEV GE Vernova Inc.	0.03%	331	$204K	New

Portfolio Sells Q2 2025 → Q3 2025


SPYV SS SPDR P S&P 500 Value ETF	Reduce -4.3%	9.41%	−0.59
SPY SS SPDR S&P 500 ETF Trust-US	Reduce -11.0%	2.16%	−0.26
IVW iShares S&P 500 Growth ETF	Reduce -11.6%	2.09%	−0.23
BND Vanguard Total Bond Market	Reduce -40.8%	0.26%	−0.20
IVE iShares S&P 500 Value ETF	Reduce -16.6%	0.89%	−0.20
AMLP Alerian MLP ETF	Reduce -5.2%	0.99%	−0.18
CMG Chipotle Mexican Grill Inc.	Reduce -5.0%	0.20%	−0.12
GUNR NT Mstar GLBL NR ETF	Reduce -30.9%	0.20%	−0.08
IVV iShares Core S&P 500 ETF	Reduce -5.2%	1.57%	−0.08
TFC Truist Financial Corp.	Reduce -52.0%	0.07%	−0.08
CRM Salesforce Inc.	Reduce -2.1%	0.29%	−0.08
PG The Procter & Gamble Co.	Reduce -1.1%	0.48%	−0.06
EFA iShares MSCI Eafe ETF	Reduce -2.9%	1.01%	−0.06
ACN Accenture PLC Class A	Reduce -16.6%	0.11%	−0.06
FDX FedEx Corp.	Reduce -42.1%	0.07%	−0.06
BLK BlackRock Inc.	Reduce -36.3%	0.11%	−0.06
CDW CDW Corp.	Reduce -52.9%	0.03%	−0.05
BMY Bristol-Myers Squibb Co.	Reduce -22.9%	0.12%	−0.05
VYM Vanguard High DVD Yield ETF	Sold out	0.00%	−0.05
VO Vngrd Mrngstr MD-Cap ETF-Usd	Reduce -11.1%	0.30%	−0.05
GWW WW Grainger Inc.	Reduce -14.1%	0.12%	−0.05
CI The Cigna Group	Sold out	0.00%	−0.04
ICE Intercontinental Exchange Inc.	Reduce -2.6%	0.21%	−0.04
IWF iShares Russell 1000 Growth	Reduce -6.0%	1.11%	−0.04
HAL Halliburton Co.	Sold out	0.00%	−0.04
IEMG iShares Core MSCI Emerging	Reduce -23.9%	0.14%	−0.04
AMP Ameriprise Financial Inc.	Sold out	0.00%	−0.04
VWO Vanguard Ftse Emerging Marke	Reduce -24.4%	0.13%	−0.04
BBWI Bath & Body Works Inc.	Reduce -31.5%	0.04%	−0.04
VGLT Vanguard Long-Term Treasury	Sold out	0.00%	−0.03
ROP Roper Technologies Inc.	Sold out	0.00%	−0.03
DVY iShares Select Dividend ETF	Reduce -35.0%	0.06%	−0.03
PM Philip Morris International	Reduce -0.6%	0.14%	−0.03
SCZ iShares MSCI Eafe Small-Cap	Reduce -43.3%	0.04%	−0.03
LLY Eli Lilly & Co.	Reduce -4.6%	0.17%	−0.03
TLH iShares 10-20 Year Treasury	Reduce -26.6%	0.06%	−0.02
BRK.B Berkshire Hathaway Inc. Class B	Reduce -1.4%	0.47%	−0.02
IBM Intl Business Machines Corp.	Reduce -1.9%	0.17%	−0.02
MRSH Marsh & McLennan Cos	Reduce -2.9%	0.12%	−0.02
WFC Wells Fargo & Co.	Reduce -6.9%	0.21%	−0.02
SDY SS SPDR S&P Dividend ETF	Reduce -23.4%	0.06%	−0.02
DHR Danaher Corp.	Reduce -2.7%	0.16%	−0.02
MCHP Microchip Technology Inc.	Reduce -11.2%	0.05%	−0.02
MUB iShares National Muni Bond E	Reduce -8.3%	0.09%	−0.01
VTV Vanguard Mrngstr Val ETF-Aui	Reduce -0.3%	0.58%	−0.01
NKE Nike Inc. Class B	Reduce -1.4%	0.11%	−0.01
VV Vngrd Mrgstr LRG-Cap ETF-Usd	Reduce -3.3%	0.39%	−0.01
LIN Linde PLC	Reduce -4.8%	0.08%	−0.01
KMB Kimberly-Clark Corp.	Reduce -3.3%	0.05%	−0.01
ZBH Zimmer Biomet Holdings Inc.	Reduce -9.2%	0.08%	−0.01

Portfolio Buys Q2 2025 → Q3 2025


CWI State Street SPDR MSCI Acwi	New	0.27%	+0.27
GOOGL Alphabet Inc. Class A	Add +2.2%	0.83%	+0.20
AVRE Avantis Real Estate ETF	Add +25.4%	1.32%	+0.20
VOO Vanguard S&P 500 ETF	Add +2.9%	4.22%	+0.13
AVEM Avantis Emerging Markets Eq	Add +3.4%	2.44%	+0.13
IJH iShares Core S&P Midcap ETF	Add +86.2%	0.27%	+0.12
ORCL Oracle Corp.	Add +2.6%	0.56%	+0.10
CAT Caterpillar Inc.	Add +25.4%	0.33%	+0.10
UITB Victoryshares Core Intermedi	New	0.10%	+0.10
C Citigroup Inc.	New	0.10%	+0.10
VEA Vanguard Ftse Developed ETF	Add +8.3%	1.53%	+0.08
RTX RTX Corp.	Add +33.7%	0.24%	+0.07
KKR KKR & Co. Inc.	New	0.07%	+0.07
AVGO Broadcom Inc.	Add +21.3%	0.26%	+0.07
TPR Tapestry Inc.	New	0.07%	+0.07
JNJ Johnson & Johnson	Add +9.2%	0.34%	+0.06
VGSH Vanguard Short-Term Treasury	Add +136.3%	0.12%	+0.06
VTI VG Morningstar TS MKT ETF-US	Add +6.3%	0.78%	+0.05
AMD Advanced Micro Devices	Add +27.3%	0.19%	+0.05
TJX TJX Companies Inc.	Add +5.7%	0.35%	+0.05
NFLX Netflix Inc.	Add +56.3%	0.20%	+0.05
COR Cencora Inc.	Add +23.8%	0.25%	+0.04
PFE Pfizer Inc.	Add +30.6%	0.19%	+0.04
VB Vanguard Most SM-Cap ETF-Usd	Add +24.2%	0.21%	+0.04
VCSH Vanguard S/T Corp. Bond ETF	New	0.04%	+0.04
ABBV Abbvie Inc.	Add +5.5%	0.21%	+0.04
SNPS Synopsys Inc.	New	0.04%	+0.04
APD Air Products & Chemicals Inc.	New	0.04%	+0.04
TSLA Tesla Inc.	New	0.04%	+0.04
JPST JPMorgan Ultra-Short Income	New	0.04%	+0.04
TSCO Tractor Supply Company	New	0.03%	+0.03
LHX L3HARRIS Technologies Inc.	New	0.03%	+0.03
ASML ASML Holding NV-NY Reg SHS	New	0.03%	+0.03
NSC Norfolk Southern Corp.	Add +3.2%	0.30%	+0.03
TPLC Timothy PLN US LRG/Mid Cap	New	0.03%	+0.03
FBTC Fidelity Wise Origin Bitcoin	New	0.03%	+0.03
TROW T Rowe Price Group Inc.	New	0.03%	+0.03
SPTM SS SPDR P S&P 1500 Comp ETF	Add +15.0%	0.25%	+0.03
GEV GE Vernova Inc.	New	0.03%	+0.03
GD General Dynamics Corp.	Add +1.8%	0.33%	+0.03
JPM JPMorgan Chase & Co.	Add +1.3%	1.21%	+0.03
BX Blackstone Inc.	Add +8.3%	0.22%	+0.03
VOE Vngrd Mrngstr MD-Cap Val ETF	Add +9.9%	0.35%	+0.03
YLD Principal Act Hi YLD ETF	Add +26.3%	0.17%	+0.03
LOW Lowe's Cos Inc.	Add +7.3%	0.21%	+0.02
IGF iShares Global Infrastructur	Add +35.5%	0.10%	+0.02
NEE Nextera Energy Inc.	Add +11.9%	0.20%	+0.02
CARR Carrier Global Corp.	Add +66.4%	0.11%	+0.02
RSP Invesco S&P 500 Equal Weight	Add +20.4%	0.13%	+0.02
HD Home Depot Inc.	Add +1.4%	0.47%	+0.02

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	612	$3.1B	SPYM, AAPL, SPYV, AVEM, SPYG
Q1 2026	562	$2.7B	SPYM, SPYV, AAPL, AVEM, SPYG
Q4 2025	226	$624.0M	NIC, SPYM, SPYV, VOO, SPYG
Q3 2025	218	$622.3M	NIC, SPYV, SPYG, VOO, AAPL
Q2 2025	207	$578.7M	NIC, SPYV, SPYG, VOO, MSFT
Q1 2025	197	$498.1M	NIC, SPYV, SPYG, AAPL, SPY
Q4 2024	193	$512.1M	NIC, SPYV, SPYG, AAPL, SPY
Q3 2024	204	$496.0M	NIC, SPYV, SPYG, AAPL, MSFT
Q2 2024	208	$476.7M	NIC, SPYV, SPYG, AAPL, MSFT
Q1 2024	216	$482.1M	NIC, SPYV, SPYG, MSFT, AAPL