Nikulski Financial, Inc.

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 5, 2025), Nikulski Financial, Inc. reported 153 stock positions worth $398.0 million. Its top holding was Vanguard Dividend Apprec ETF (VIG) at 5.6% of the portfolio, followed by Apple (AAPL, 5.2%) and Amazon.com (AMZN, 4.1%). Compared with Q2 2025, it opened 14 new positions, sold out of 5, added to 60 and reduced 56. The biggest buy was Apple (AAPL, shares +1%) and the biggest sale an exit from Salesforce (CRM).

Most Recent 13F
Q2 2026
Location
BETTENDORF, IA
CIK
0001729847
Portfolio Value
$398.0M (Q3 2025)
SEC Filing
0001729847-25-000006 ↗ filed Nov 5, 2025

Holdings Value

0$100.0M$200.0M$300.0M$400.0M$500.0M Q1 2024: $301.5M Q1 2024 Q2 2024: $314.3M Q2 2024 Q3 2024: $334.1M Q3 2024 Q4 2024: $340.2M Q4 2024 Q1 2025: $330.8M Q1 2025 Q2 2025: $365.2M Q2 2025 Q3 2025: $398.0M $398.0M Q3 2025 Q4 2025: $418.3M Q4 2025 Q1 2026: $405.1M Q1 2026 Q2 2026: $463.6M Q2 2026

Holdings 153 stocks · $398.0M
VIG Vanguard Dividend Apprec ETF 5.63% 103,790 $22.4M Reduce -1.6%
AAPL Apple Inc. 5.22% 81,628 $20.8M Add +1.0%
AMZN Amazon.com Inc. 4.10% 74,346 $16.3M Add +1.3%
GOOGL Alphabet Inc. Class A 3.74% 61,166 $14.9M Reduce -1.1%
NVDA Nvidia Corp. 3.24% 69,164 $12.9M Reduce -0.1%
MSFT Microsoft Corp. 2.99% 22,946 $11.9M Add +0.7%
COST Costco Wholesale Corp. 2.96% 12,713 $11.8M Add +1.4%
QQQ Invesco QQQ Trust Series 1 2.84% 18,837 $11.3M Reduce -0.3%
GSLC Goldman Activebeta US LC ETF 2.76% 84,410 $11.0M Reduce -0.9%
SPHQ Invesco S&P 500 Quality ETF 2.73% 148,049 $10.9M Reduce -1.9%
JPM JPMorgan Chase & Co. 2.69% 33,905 $10.7M Add +0.5%
ABBV Abbvie Inc. 2.29% 39,339 $9.1M Reduce -0.8%
PANW Palo Alto Networks Inc. 2.26% 44,176 $9.0M Add +4.4%
VO Vngrd Mrngstr MD-Cap ETF-Usd 2.21% 29,995 $8.8M Reduce -2.0%
IJR iShares Core S&P Small-Cap E 2.05% 68,607 $8.2M Reduce -2.8%
CEG Constellation Energy 1.76% 21,278 $7.0M Add +0.4%
LRCX Lam Research Corp. 1.73% 51,341 $6.9M Reduce -1.6%
SCHA Schwab US Small-Cap ETF 1.37% 195,781 $5.5M Add +2.0%
VTV Vanguard Mrngstr Val ETF-Aui 1.36% 28,916 $5.4M Reduce -3.1%
AVGO Broadcom Inc. 1.27% 15,325 $5.1M Add +4.2%
V Visa Inc. Class A 1.26% 14,682 $5.0M Add +1.2%
DON Wisdomtree US Midcap Dividen 1.22% 93,151 $4.9M Reduce -0.2%
SPY SS SPDR S&P 500 ETF Trust-US 1.16% 6,920 $4.6M Reduce -1.6%
BRK.B Berkshire Hathaway Inc. Class B 1.10% 8,725 $4.4M Add +5.2%
PAPR Innovator U.S. Equity Power 1.04% 107,595 $4.1M Reduce -1.9%
DGRW Wisdomtree U.S. Quality Divi 1.03% 45,920 $4.1M Reduce -2.2%
SCHD Schwab US DVD Equity ETF 0.99% 144,660 $3.9M Add +7.2%
DE Deere & Co. 0.96% 8,355 $3.8M Add +4.3%
HD Home Depot Inc. 0.93% 9,111 $3.7M Add +2.9%
MCD McDonald's Corp. 0.92% 12,064 $3.7M Add +0.9%
VTI VG Morningstar TS MKT ETF-US 0.92% 11,100 $3.6M Reduce -12.0%
VXUS Vanguard Total Intl Stock 0.90% 48,767 $3.6M Reduce -11.1%
WMT Walmart Inc. 0.90% 34,733 $3.6M Add +0.7%
VIGI Vanguard Int Div App Indx FD 0.86% 38,113 $3.4M Reduce -10.7%
IJJ iShares S&P Mid-Cap 400 Valu 0.82% 25,028 $3.2M Reduce -5.3%
SCHG Schwab US Large-Cap Growth 0.81% 100,803 $3.2M Add +3.7%
CRWD CrowdStrike Holdings Inc. Class A 0.79% 6,379 $3.1M Add +1.6%
IWF iShares Russell 1000 Growth 0.78% 6,639 $3.1M Reduce -1.1%
AAAU Goldman Sachs Physical Gold 0.76% 79,711 $3.0M Add +4.2%
WM Waste Management Inc. 0.76% 13,675 $3.0M Add +4.3%
ALL Allstate Corp. 0.76% 14,030 $3.0M Reduce -4.7%
VBR Vngrd Mrngst SL-CP Val ETF-U 0.75% 14,316 $3.0M Add +0.1%
IPKW Invesco International Buybac 0.73% 55,053 $2.9M Add +29.3%
BND Vanguard Total Bond Market 0.71% 38,246 $2.8M Reduce -2.8%
GS Goldman Sachs Group Inc. 0.67% 3,338 $2.7M Reduce -2.3%
DLR Digital Realty Trust Inc. 0.66% 15,301 $2.6M Add +1.7%
LLY Eli Lilly & Co. 0.66% 3,464 $2.6M Add +3.1%
JPST JPMorgan Ultra-Short Income 0.64% 50,450 $2.6M Add +1.2%
IJH iShares Core S&P Midcap ETF 0.57% 34,477 $2.2M Reduce -6.8%
PJAN Innovator U.S. Equity Power 0.56% 48,280 $2.2M Reduce -0.3%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.52% 14,403 $2.1M Add +5.8%
MA Mastercard Inc. Class A 0.52% 3,607 $2.1M No change
VEA Vanguard Ftse Developed ETF 0.48% 32,016 $1.9M Add +3.4%
SPHY SS SPDR P High Yield ETF 0.47% 78,788 $1.9M Add +1.8%
MAR Marriott International Class A 0.47% 7,129 $1.9M Reduce -0.3%
SPLV Invesco S&P 500 Low Volatili 0.46% 25,096 $1.8M Reduce -3.7%
LMT Lockheed Martin Corp. 0.42% 3,327 $1.7M Add +11.1%
IYW iShares Ustechnology ETF 0.40% 8,198 $1.6M Reduce -4.3%
IGM iShares Expanded Tech Sector 0.40% 12,727 $1.6M Reduce -1.9%
SE Sea Ltd.-ADR 0.40% 8,867 $1.6M New
NOBL Proshares S&P 500 Dividend A 0.39% 15,145 $1.6M Add +0.6%
IGV iShares Expanded Tech-Softwa 0.37% 12,789 $1.5M Reduce -0.4%
META Meta Platforms Inc. Class A 0.37% 2,001 $1.5M Reduce -2.0%
SPSM SS SPDR P S&P 600 Small Cap 0.36% 30,619 $1.4M Reduce -2.6%
IYZ iShares US Telecommunication 0.35% 43,196 $1.4M Reduce -0.2%
ABT Abbott Laboratories 0.35% 10,352 $1.4M Add +4.0%
IYF iShares US Financials ETF 0.34% 10,613 $1.3M Reduce -0.2%
IYJ iShares U.S. Industrials ETF 0.33% 9,066 $1.3M Reduce -0.9%
IUSG iShares Core S&P U.S. Growth 0.33% 8,033 $1.3M Reduce -12.5%
QUAL iShares MSCI USA Quality Fac 0.32% 6,574 $1.3M Reduce -4.0%
SMH Vaneck Semiconductor ETF 0.32% 3,883 $1.3M Add +72.4%
IDU iShares US Utilities ETF 0.32% 11,363 $1.3M No change
SHW The Sherwin-Williams Co. 0.31% 3,578 $1.2M Reduce -2.5%
SYK Stryker Corp. 0.31% 3,343 $1.2M Add +64.9%
TSLA Tesla Inc. 0.29% 2,577 $1.1M Add +65.4%
VT Vanguard Tot World STK ETF 0.29% 8,234 $1.1M Reduce -0.6%
SPYM Ste STR SPDR PT S&P 500 ETF 0.28% 14,175 $1.1M Reduce -0.1%
AVAV Aerovironment Inc. 0.28% 3,514 $1.1M New
XLP SS Consumer Staples Sel Sect 0.28% 14,049 $1.1M Add +9.1%
IYK iShares US Consumer Staples 0.27% 15,993 $1.1M Add +0.4%
BKLN Invesco Senior Loan ETF 0.26% 48,764 $1.0M Add +10.7%
HOOD Robinhood Markets Inc. Class A 0.25% 6,885 $986K Add +75.3%
SPTM SS SPDR P S&P 1500 Comp ETF 0.24% 11,935 $963K Reduce -10.2%
SCHE Schwab Emrg Mrkts Eqty ETF 0.24% 28,389 $947K Add +39.6%
PJUL Innovator U.S. Equity Power 0.21% 18,375 $838K Add +12.2%
PLTR Palantir Technologies Inc. Class A 0.19% 4,207 $767K New
AMGN Amgen Inc. 0.19% 2,613 $737K Add +0.7%
XOP SS SPDR S&P Og Exp & Prod 0.18% 5,533 $731K Add +87.9%
NXPI NXP Semiconductors NV 0.18% 3,188 $726K Reduce -6.3%
IJS iShares S&P Small-Cap 600 Va 0.18% 6,475 $716K Reduce -9.9%
XMMO Invesco S&P Midcap Momentum 0.18% 5,196 $703K Add +103.7%
VOE Vngrd Mrngstr MD-Cap Val ETF 0.18% 3,989 $697K Add +13.7%
HYD Vaneck High Yield Muni ETF 0.17% 13,222 $673K Add +8.0%
NFLX Netflix Inc. 0.17% 557 $668K Add +27.5%
PFIG Invesco Fundamental Investme 0.17% 27,330 $662K Add +93.6%
LAPR Innov PR Inc. 15 B ETF - Apr 0.16% 25,575 $643K Reduce -1.0%
PJUN Innovator U.S. Equity Power 0.16% 15,320 $630K Reduce -0.7%
RSP Invesco S&P 500 Equal Weight 0.15% 3,232 $613K Reduce -7.0%
TSM Taiwan Semiconductor-SP ADR 0.15% 2,180 $609K Add +0.7%
KLAC KLA Corp. 0.15% 561 $605K No change
STX Seagate Technology Holdings 0.14% 2,439 $576K No change
VB Vanguard Most SM-Cap ETF-Usd 0.14% 2,204 $561K Reduce -2.6%
LOW Lowe's Cos Inc. 0.14% 2,205 $554K No change
POCT Innovator U.S. Equity Power 0.13% 12,210 $526K Reduce -1.0%
VNQ Vanguard Real Estate ETF 0.13% 5,687 $520K Add +0.5%
SO The Southern Co. 0.13% 5,483 $520K Add +8.0%
ISRG Intuitive Surgical Inc. 0.12% 1,081 $483K New
MU Micron Technology Inc. 0.12% 2,850 $477K No change
XSHQ Invesco S&P Smallcap Quality 0.11% 10,425 $449K Add +0.1%
BSCP Invesco Bulletshares 2025 CB 0.11% 20,851 $431K Reduce -19.0%
XLY SS Consumer Disc Select Sect 0.11% 1,777 $426K Add +61.8%
PAUG Innovator U.S. Equity Power 0.11% 9,943 $422K Add +10.8%
DVY iShares Select Dividend ETF 0.11% 2,961 $421K Reduce -17.0%
PG The Procter & Gamble Co. 0.10% 2,608 $401K Reduce -3.7%
XLF SS Financial Select Sector 0.10% 7,243 $390K Add +24.6%
XLK SS Technology Select Sector 0.10% 1,345 $379K No change
GLW Corning Inc. 0.09% 4,589 $376K Add +4.6%
EXC Exelon Corp. 0.09% 8,346 $376K No change
VUG Vanguard Mrngstar GR ETF-Sui 0.09% 745 $357K No change
BLK BlackRock Inc. 0.09% 293 $342K No change
VYMI Vanguard Int High DVD YLD Inc. 0.09% 4,006 $339K New
GLD SPDR Gold Shares 0.08% 940 $334K Reduce -14.6%
XLE SS Energy Select Sector 0.08% 3,696 $330K No change
PEP Pepsico Inc. 0.08% 2,340 $329K No change
FCX Freeport-McMoran Inc. 0.08% 8,155 $320K Add +69.0%
PNOV Innovator U.S. Equity Power 0.08% 7,750 $318K No change
NEAR iShares SH Dba ETF Usd Inc. 0.08% 6,135 $315K Reduce -6.1%
QCOM Qualcomm Inc. 0.08% 1,861 $310K No change
STXF Strive 500 ETF 0.08% 6,992 $302K Reduce -3.3%
PMAR Innovator U.S. Equity Power 0.08% 6,865 $301K No change
XMHQ Invesco S&P Midcap Qual ETF 0.07% 2,820 $296K Add +0.3%
COF Capital One Financial Corp. 0.07% 1,375 $292K No change
STXG Strive 1000 Growth ETF 0.07% 5,653 $282K Add +3.2%
CL Colgate-Palmolive Co. 0.07% 3,498 $280K Add +0.1%
GOOG Alphabet Inc. Class C 0.07% 1,113 $271K New
NAPR Innovator Growth 100 Power B 0.07% 5,100 $269K No change
IUSV iShares Core S&P U.S. Value 0.07% 2,657 $266K Reduce -15.8%
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 0.06% 552 $256K No change
BALT Inn Defined Wealth Shield 0.06% 7,700 $253K No change
PDEC Innovator U.S. Equity Power 0.06% 5,800 $244K No change
PAYX Paychex Inc. 0.06% 1,922 $244K No change
ITW Illinois Tool Works 0.06% 919 $240K No change
CSCO Cisco Systems Inc. 0.06% 3,444 $236K Add +3.0%
VUSB Vanguard Ultra Short Bond Et 0.06% 4,550 $227K New
JNJ Johnson & Johnson 0.06% 1,191 $221K New
PEG Public Service Enterprise GP 0.05% 2,586 $216K No change
FDX FedEx Corp. 0.05% 895 $211K Reduce -2.7%
TFC Truist Financial Corp. 0.05% 4,600 $210K New
RY Royal Bank of Canada 0.05% 1,411 $208K New
MDT Medtronic PLC 0.05% 2,143 $204K New
ENB Enbridge Inc. 0.05% 4,035 $204K New
PSEP Innovator U.S. Equity Power 0.05% 4,695 $202K New
KAPR Innovator U.S. Small Cap Pow 0.05% 5,875 $201K New

Portfolio Sells Q2 2025 → Q3 2025
CRM Salesforce Inc. Sold out 0.00% −0.73
VIG Vanguard Dividend Apprec ETF Reduce -1.6% 5.63% −0.28
SPHQ Invesco S&P 500 Quality ETF Reduce -1.9% 2.73% −0.22
ADBE Adobe Inc. Sold out 0.00% −0.21
VIGI Vanguard Int Div App Indx FD Reduce -10.7% 0.86% −0.20
VXUS Vanguard Total Intl Stock Reduce -11.1% 0.90% −0.14
VTI VG Morningstar TS MKT ETF-US Reduce -12.0% 0.92% −0.13
VO Vngrd Mrngstr MD-Cap ETF-Usd Reduce -2.0% 2.21% −0.13
VTV Vanguard Mrngstr Val ETF-Aui Reduce -3.1% 1.36% −0.09
INDA iShares MSCI India ETF Sold out 0.00% −0.09
PAPR Innovator U.S. Equity Power Reduce -1.9% 1.04% −0.08
BND Vanguard Total Bond Market Reduce -2.8% 0.71% −0.08
IJJ iShares S&P Mid-Cap 400 Valu Reduce -5.3% 0.82% −0.08
MAR Marriott International Class A Reduce -0.3% 0.47% −0.07
GSLC Goldman Activebeta US LC ETF Reduce -0.9% 2.76% −0.07
IJR iShares Core S&P Small-Cap E Reduce -2.8% 2.05% −0.06
IJH iShares Core S&P Midcap ETF Reduce -6.8% 0.57% −0.06
EFA iShares MSCI Eafe ETF Sold out 0.00% −0.06
SPLV Invesco S&P 500 Low Volatili Reduce -3.7% 0.46% −0.06
DON Wisdomtree US Midcap Dividen Reduce -0.2% 1.22% −0.06
ALL Allstate Corp. Reduce -4.7% 0.76% −0.05
BSCT Invesco Bulletshares 2029 CB Sold out 0.00% −0.05
DGRW Wisdomtree U.S. Quality Divi Reduce -2.2% 1.03% −0.05
IUSG iShares Core S&P U.S. Growth Reduce -12.5% 0.33% −0.05
META Meta Platforms Inc. Class A Reduce -2.0% 0.37% −0.04
BSCP Invesco Bulletshares 2025 CB Reduce -19.0% 0.11% −0.04
SHW The Sherwin-Williams Co. Reduce -2.5% 0.31% −0.03
SPY SS SPDR S&P 500 ETF Trust-US Reduce -1.6% 1.16% −0.03
SPTM SS SPDR P S&P 1500 Comp ETF Reduce -10.2% 0.24% −0.03
PJAN Innovator U.S. Equity Power Reduce -0.3% 0.56% −0.03
IYJ iShares U.S. Industrials ETF Reduce -0.9% 0.33% −0.02
DVY iShares Select Dividend ETF Reduce -17.0% 0.11% −0.02
QUAL iShares MSCI USA Quality Fac Reduce -4.0% 0.32% −0.02
NXPI NXP Semiconductors NV Reduce -6.3% 0.18% −0.02
RSP Invesco S&P 500 Equal Weight Reduce -7.0% 0.15% −0.02
PG The Procter & Gamble Co. Reduce -3.7% 0.10% −0.02
LAPR Innov PR Inc. 15 B ETF - Apr Reduce -1.0% 0.16% −0.02
IJS iShares S&P Small-Cap 600 Va Reduce -9.9% 0.18% −0.02
IGV iShares Expanded Tech-Softwa Reduce -0.4% 0.37% −0.02
IUSV iShares Core S&P U.S. Value Reduce -15.8% 0.07% −0.02
IYF iShares US Financials ETF Reduce -0.2% 0.34% −0.01
NEAR iShares SH Dba ETF Usd Inc. Reduce -6.1% 0.08% −0.01
SPSM SS SPDR P S&P 600 Small Cap Reduce -2.6% 0.36% −0.01
QQQ Invesco QQQ Trust Series 1 Reduce -0.3% 2.84% −0.01
PJUN Innovator U.S. Equity Power Reduce -0.7% 0.16% −0.01
GLD SPDR Gold Shares Reduce -14.6% 0.08% −0.01
POCT Innovator U.S. Equity Power Reduce -1.0% 0.13% −0.01
VT Vanguard Tot World STK ETF Reduce -0.6% 0.29% −0.01
VB Vanguard Most SM-Cap ETF-Usd Reduce -2.6% 0.14% −0.01
FDX FedEx Corp. Reduce -2.7% 0.05% −0.00

Portfolio Buys Q2 2025 → Q3 2025
AAPL Apple Inc. Add +1.0% 5.22% +0.68
SE Sea Ltd.-ADR New 0.40% +0.40
AVAV Aerovironment Inc. New 0.28% +0.28
PLTR Palantir Technologies Inc. Class A New 0.19% +0.19
IPKW Invesco International Buybac Add +29.3% 0.73% +0.16
AVGO Broadcom Inc. Add +4.2% 1.27% +0.16
TSLA Tesla Inc. Add +65.4% 0.29% +0.15
HOOD Robinhood Markets Inc. Class A Add +75.3% 0.25% +0.15
SMH Vaneck Semiconductor ETF Add +72.4% 0.32% +0.15
ISRG Intuitive Surgical Inc. New 0.12% +0.12
SYK Stryker Corp. Add +64.9% 0.31% +0.09
XMMO Invesco S&P Midcap Momentum Add +103.7% 0.18% +0.09
VYMI Vanguard Int High DVD YLD Inc. New 0.09% +0.09
XOP SS SPDR S&P Og Exp & Prod Add +87.9% 0.18% +0.08
AAAU Goldman Sachs Physical Gold Add +4.2% 0.76% +0.08
PFIG Invesco Fundamental Investme Add +93.6% 0.17% +0.07
SCHE Schwab Emrg Mrkts Eqty ETF Add +39.6% 0.24% +0.07
GOOG Alphabet Inc. Class C New 0.07% +0.07
TJX TJX Companies Inc. Add +5.8% 0.52% +0.06
VUSB Vanguard Ultra Short Bond Et New 0.06% +0.06
JNJ Johnson & Johnson New 0.06% +0.06
TFC Truist Financial Corp. New 0.05% +0.05
RY Royal Bank of Canada New 0.05% +0.05
MDT Medtronic PLC New 0.05% +0.05
ENB Enbridge Inc. New 0.05% +0.05
PSEP Innovator U.S. Equity Power New 0.05% +0.05
KAPR Innovator U.S. Small Cap Pow New 0.05% +0.05
SCHA Schwab US Small-Cap ETF Add +2.0% 1.37% +0.04
XLY SS Consumer Disc Select Sect Add +61.8% 0.11% +0.04
HD Home Depot Inc. Add +2.9% 0.93% +0.04
LMT Lockheed Martin Corp. Add +11.1% 0.42% +0.04
GLW Corning Inc. Add +4.6% 0.09% +0.03
SCHG Schwab US Large-Cap Growth Add +3.7% 0.81% +0.03
FCX Freeport-McMoran Inc. Add +69.0% 0.08% +0.02
TSM Taiwan Semiconductor-SP ADR Add +0.7% 0.15% +0.02
VOE Vngrd Mrngstr MD-Cap Val ETF Add +13.7% 0.18% +0.02
XLF SS Financial Select Sector Add +24.6% 0.10% +0.01
PJUL Innovator U.S. Equity Power Add +12.2% 0.21% +0.01
SCHD Schwab US DVD Equity ETF Add +7.2% 0.99% +0.01
JPM JPMorgan Chase & Co. Add +0.5% 2.69% +0.01
NFLX Netflix Inc. Add +27.5% 0.17% +0.01
PAUG Innovator U.S. Equity Power Add +10.8% 0.11% +0.01
BKLN Invesco Senior Loan ETF Add +10.7% 0.26% +0.00
SO The Southern Co. Add +8.0% 0.13% +0.00
STXG Strive 1000 Growth ETF Add +3.2% 0.07% +0.00
HYD Vaneck High Yield Muni ETF Add +8.0% 0.17% +0.00
BRK.B Berkshire Hathaway Inc. Class B Add +5.2% 1.10% −0.00
XMHQ Invesco S&P Midcap Qual ETF Add +0.3% 0.07% −0.00
VEA Vanguard Ftse Developed ETF Add +3.4% 0.48% −0.00
XSHQ Invesco S&P Smallcap Quality Add +0.1% 0.11% −0.00

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 180$463.6MAAPL, PANW, LRCX, AMZN, GOOGL
Q1 2026 175$405.1MAAPL, AMZN, IPKW, GOOGL, COST
Q4 2025 166$418.3MAAPL, GOOGL, VIG, AMZN, MSFT
Q3 2025 153$398.0MVIG, AAPL, AMZN, GOOGL, NVDA
Q2 2025 144$365.2MVIG, AAPL, AMZN, COST, MSFT
Q1 2025 137$330.8MVIG, AAPL, AMZN, COST, SPHQ
Q4 2024 133$340.2MVIG, AAPL, AMZN, COST, GOOGL
Q3 2024 132$334.1MVIG, AAPL, AMZN, COST, SPHQ
Q2 2024 128$314.3MVIG, AAPL, AMZN, GOOGL, COST
Q1 2024 131$301.5MVIG, AAPL, AMZN, SPHQ, GSLC