13F HOLDINGS REPORT
NICHOLAS COMPANY, INC.
Quarter ended Q3 2025 · Filed November 12, 2025 · Accession 0000903949-25-000009
Total Value
$5.89B
Positions
215
Other Managers
0
Confidential Omitted
No
Holdings (215)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | Microsoft Corporation | MSFT | 442,427 | $229.2M | 3.89% |
| 2 | Alphabet Inc. Class C | GOOG | 922,270 | $224.6M | 3.81% |
| 3 | NVIDIA Corporation | NVDA | 1,158,250 | $216.1M | 3.67% |
| 4 | Amazon.com, Inc. | AMZN | 873,554 | $191.8M | 3.25% |
| 5 | Apple Inc. | AAPL | 586,605 | $149.4M | 2.53% |
| 6 | TJX Companies Inc | 872540109 | 742,500 | $107.3M | 1.82% |
| 7 | O'Reilly Automotive, Inc. | 67103H107 | 981,775 | $105.8M | 1.80% |
| 8 | Home Depot, Inc. | HD | 239,723 | $97.1M | 1.65% |
| 9 | Astrazeneca PLC Sponsored ADR | AZN | 1,128,004 | $86.5M | 1.47% |
| 10 | Vulcan Materials Company | 929160109 | 275,965 | $84.9M | 1.44% |
| 11 | Costco Wholesale Corporation | 22160K105 | 88,276 | $81.7M | 1.39% |
| 12 | S&P Global, Inc. | SPGI | 165,540 | $80.6M | 1.37% |
| 13 | Zscaler, Inc. | ZS | 262,737 | $78.7M | 1.34% |
| 14 | JPMorgan Chase & Co. | VYLD | 248,590 | $78.4M | 1.33% |
| 15 | Thermo Fisher Scientific Inc. | TMO | 159,968 | $77.6M | 1.32% |
| 16 | Eli Lilly and Company | LLY | 98,514 | $75.2M | 1.28% |
| 17 | Meta Platforms Inc Class A | META | 100,040 | $73.5M | 1.25% |
| 18 | Advanced Micro Devices, Inc. | AMD | 448,715 | $72.6M | 1.23% |
| 19 | Fastenal Company | FAST | 1,450,690 | $71.1M | 1.21% |
| 20 | Snowflake, Inc. Class A | SNOW | 314,594 | $71.0M | 1.20% |
| 21 | Sanofi Sponsored ADR | SNYNF | 1,500,365 | $70.8M | 1.20% |
| 22 | Sherwin-Williams Company | SHW | 203,220 | $70.4M | 1.19% |
| 23 | Mastercard Incorporated Class A | MA | 120,860 | $68.7M | 1.17% |
| 24 | Fiserv, Inc. | FISV | 529,099 | $68.2M | 1.16% |
| 25 | Workday, Inc. Class A | WDAY | 282,030 | $67.9M | 1.15% |
| 26 | Visa Inc. Class A | V | 196,055 | $66.9M | 1.14% |
| 27 | Intercontinental Exchange, Inc. | 45866F104 | 396,915 | $66.9M | 1.13% |
| 28 | Aon Plc Class A | AON | 181,427 | $64.7M | 1.10% |
| 29 | Salesforce, Inc. | CRM | 271,530 | $64.4M | 1.09% |
| 30 | Synopsys, Inc. | SNPS | 126,702 | $62.5M | 1.06% |
| 31 | ServiceNow, Inc. | NOW | 67,340 | $62.0M | 1.05% |
| 32 | Boston Scientific Corporation | BSX | 627,158 | $61.2M | 1.04% |
| 33 | Stryker Corporation | SYK | 164,677 | $60.9M | 1.03% |
| 34 | Waste Connections, Inc. | WCN | 339,162 | $59.6M | 1.01% |
| 35 | Lam Research Corporation | LRCX | 442,540 | $59.3M | 1.01% |
| 36 | Texas Instruments Incorporated | 882508104 | 321,234 | $59.0M | 1.00% |
| 37 | Adobe Inc. | ADBE | 162,226 | $57.2M | 0.97% |
| 38 | Chipotle Mexican Grill, Inc. | CMG | 1,433,370 | $56.2M | 0.95% |
| 39 | Netflix, Inc. | NFLX | 46,530 | $55.8M | 0.95% |
| 40 | Starbucks Corporation | SBUX | 656,645 | $55.6M | 0.94% |
| 41 | KLA Corporation | KLAC | 51,135 | $55.2M | 0.94% |
| 42 | Carrier Global Corp. | CARR | 922,625 | $55.1M | 0.93% |
| 43 | McDonald's Corporation | MCD | 178,910 | $54.4M | 0.92% |
| 44 | Cintas Corporation | CTAS | 260,526 | $53.5M | 0.91% |
| 45 | Alcon AG | ALC | 660,110 | $49.2M | 0.83% |
| 46 | Coca-Cola Company | KO | 737,030 | $48.9M | 0.83% |
| 47 | Cadence Design Systems, Inc. | CDNS | 136,146 | $47.8M | 0.81% |
| 48 | Illinois Tool Works Inc. | 452308109 | 175,415 | $45.7M | 0.78% |
| 49 | Palo Alto Networks, Inc. | PANW | 223,650 | $45.5M | 0.77% |
| 50 | Atlassian Corp Class A | TEAM | 282,329 | $45.1M | 0.77% |
| 51 | Fortive Corp. | FTV | 894,490 | $43.8M | 0.74% |
| 52 | Trade Desk, Inc. Class A | 88339J105 | 889,694 | $43.6M | 0.74% |
| 53 | Kenvue, Inc. | KVUE | 2,623,637 | $42.6M | 0.72% |
| 54 | Roper Technologies, Inc. | ROP | 80,375 | $40.1M | 0.68% |
| 55 | Johnson Controls International plc | G51502105 | 297,635 | $32.7M | 0.56% |
| 56 | A. O. Smith Corporation | AOS | 390,763 | $28.7M | 0.49% |
| 57 | Lattice Semiconductor Corporation | LSCC | 386,908 | $28.4M | 0.48% |
| 58 | Raymond James Financial, Inc. | 754730109 | 154,805 | $26.7M | 0.45% |
| 59 | Teledyne Technologies Incorporated | TDY | 44,219 | $25.9M | 0.44% |
| 60 | Microchip Technology Incorporated | MCHPP | 396,182 | $25.4M | 0.43% |
| 61 | PTC Inc. | PTC | 120,425 | $24.4M | 0.41% |
| 62 | CBRE Group, Inc. Class A | CBRE | 152,455 | $24.0M | 0.41% |
| 63 | Paylocity Holding Corp. | PCTY | 143,578 | $22.9M | 0.39% |
| 64 | RB Global, Inc. | RBA | 210,933 | $22.9M | 0.39% |
| 65 | IDEX Corporation | 45167R104 | 132,563 | $21.6M | 0.37% |
| 66 | AMETEK, Inc. | AME | 114,388 | $21.5M | 0.36% |
| 67 | Dynatrace, Inc. | DT | 443,753 | $21.5M | 0.36% |
| 68 | TransUnion | TRU | 255,168 | $21.4M | 0.36% |
| 69 | Nordson Corporation | NDSN | 94,110 | $21.4M | 0.36% |
| 70 | Veeva Systems Inc Class A | VEEV | 70,285 | $20.9M | 0.36% |
| 71 | Globus Medical Inc Class A | GMED | 360,091 | $20.6M | 0.35% |
| 72 | Corpay, Inc. | CPAY | 70,950 | $20.4M | 0.35% |
| 73 | Bio-Techne Corporation | TECH | 367,009 | $20.4M | 0.35% |
| 74 | Ulta Beauty Inc. | ULTA | 37,185 | $20.3M | 0.34% |
| 75 | L3Harris Technologies Inc | LHX | 65,290 | $19.9M | 0.34% |
| 76 | Broadridge Financial Solutions, Inc. | 11133T103 | 81,509 | $19.4M | 0.33% |
| 77 | Stevanato Group SpA | STVN | 745,364 | $19.2M | 0.33% |
| 78 | BJ's Wholesale Club Holdings, Inc. | 05550J101 | 203,889 | $19.0M | 0.32% |
| 79 | Verisk Analytics Inc | VRSK | 74,370 | $18.7M | 0.32% |
| 80 | AptarGroup, Inc. | ATR | 139,830 | $18.7M | 0.32% |
| 81 | Mettler-Toledo International Inc. | MTD | 15,139 | $18.6M | 0.32% |
| 82 | Wingstop, Inc. | WING | 73,527 | $18.5M | 0.31% |
| 83 | Service Corporation International | 817565104 | 221,530 | $18.4M | 0.31% |
| 84 | STERIS plc | STE | 73,735 | $18.2M | 0.31% |
| 85 | CoStar Group, Inc. | CSGP | 214,314 | $18.1M | 0.31% |
| 86 | ResMed Inc. | RSMDF | 64,365 | $17.6M | 0.30% |
| 87 | Westinghouse Air Brake Technologies Corporation | 929740108 | 87,423 | $17.5M | 0.30% |
| 88 | Elastic NV | ESTC | 201,846 | $17.1M | 0.29% |
| 89 | CDW Corporation | CDW | 99,405 | $15.8M | 0.27% |
| 90 | Okta, Inc. Class A | OKTA | 172,388 | $15.8M | 0.27% |
| 91 | IQVIA Holdings Inc | IQV | 75,731 | $14.4M | 0.24% |
| 92 | Domino's Pizza, Inc. | DPZ | 33,265 | $14.4M | 0.24% |
| 93 | Shift4 Payments, Inc. Class A | 82452J109 | 180,500 | $14.0M | 0.24% |
| 94 | Old Dominion Freight Line, Inc. | ODFL | 95,585 | $13.5M | 0.23% |
| 95 | Broadcom Inc. | AVGO | 40,672 | $13.4M | 0.23% |
| 96 | Morningstar, Inc. | MORN | 56,575 | $13.1M | 0.22% |
| 97 | Analog Devices, Inc. | ADI | 53,078 | $13.0M | 0.22% |
| 98 | MongoDB, Inc. Class A | MDB | 41,935 | $13.0M | 0.22% |
| 99 | Chevron Corporation | CVX | 80,020 | $12.4M | 0.21% |
| 100 | Northern Trust Corporation | NTRSO | 90,436 | $12.2M | 0.21% |
| 101 | Abbott Laboratories | ABLZF | 88,998 | $11.9M | 0.20% |
| 102 | Burlington Stores, Inc. | BURL | 46,625 | $11.9M | 0.20% |
| 103 | CMS Energy Corporation | CMS-PC | 161,850 | $11.9M | 0.20% |
| 104 | Republic Services, Inc. | 760759100 | 51,567 | $11.8M | 0.20% |
| 105 | Cooper Companies, Inc. | 216648501 | 170,990 | $11.7M | 0.20% |
| 106 | Fair Isaac Corporation | FICO | 7,829 | $11.7M | 0.20% |
| 107 | monday.com Ltd. | MNDY | 60,422 | $11.7M | 0.20% |
| 108 | Dorman Products, Inc. | 258278100 | 74,824 | $11.7M | 0.20% |
| 109 | Revvity, Inc. | RVTY | 132,600 | $11.6M | 0.20% |
| 110 | Cohen & Steers, Inc. | CNS | 176,943 | $11.6M | 0.20% |
| 111 | Hologic, Inc. | HOLX | 168,445 | $11.4M | 0.19% |
| 112 | Oracle Corporation | ORCL-PD | 39,250 | $11.0M | 0.19% |
| 113 | Charles Schwab Corp | SCHW-PJ | 114,467 | $10.9M | 0.19% |
| 114 | Encompass Health Corporation | EHC | 84,738 | $10.8M | 0.18% |
| 115 | i3 Verticals, Inc. Class A | IIIV | 331,168 | $10.7M | 0.18% |
| 116 | Gartner, Inc. | IT | 40,673 | $10.7M | 0.18% |
| 117 | PNC Financial Services Group, Inc. | 693475105 | 52,950 | $10.6M | 0.18% |
| 118 | Hilton Worldwide Holdings Inc. | HLT | 39,985 | $10.4M | 0.18% |
| 119 | ExlService Holdings, Inc. | EXLS | 228,866 | $10.1M | 0.17% |
| 120 | Q2 Holdings, Inc. | QTWO | 136,746 | $9.9M | 0.17% |
| 121 | BlackRock, Inc. | BLK | 8,469 | $9.9M | 0.17% |
| 122 | Williams-Sonoma, Inc. | WSM | 50,024 | $9.8M | 0.17% |
| 123 | U.S. Bancorp | USB-PS | 197,965 | $9.6M | 0.16% |
| 124 | Descartes Systems Group Inc. | 249906108 | 101,390 | $9.6M | 0.16% |
| 125 | Prestige Consumer Healthcare Inc | 74112D101 | 151,515 | $9.5M | 0.16% |
| 126 | WNS (Holdings) Limited | G98196101 | 122,764 | $9.4M | 0.16% |
| 127 | OPENLANE, Inc. | OPLN | 324,782 | $9.3M | 0.16% |
| 128 | Varonis Systems, Inc. | VRNS | 161,690 | $9.3M | 0.16% |
| 129 | Johnson & Johnson | JNJ | 49,590 | $9.2M | 0.16% |
| 130 | SharkNinja, Inc. | SN | 89,079 | $9.2M | 0.16% |
| 131 | Union Pacific Corporation | UNP | 38,406 | $9.1M | 0.15% |
| 132 | Webster Financial Corporation | 947890109 | 151,529 | $9.0M | 0.15% |
| 133 | AbbVie, Inc. | ABBV | 38,725 | $9.0M | 0.15% |
| 134 | Viking Holdings Ltd | VIK | 143,785 | $8.9M | 0.15% |
| 135 | Equinix, Inc. | EQIX | 10,780 | $8.4M | 0.14% |
| 136 | Nasdaq, Inc. | NDAQ | 94,940 | $8.4M | 0.14% |
| 137 | Skyworks Solutions, Inc. | SWKS | 106,926 | $8.2M | 0.14% |
| 138 | Jack Henry & Associates, Inc. | 426281101 | 55,207 | $8.2M | 0.14% |
| 139 | Unilever PLC Sponsored ADR | UNLYF | 137,700 | $8.2M | 0.14% |
| 140 | CrowdStrike Holdings, Inc. Class A | CRWD | 16,341 | $8.0M | 0.14% |
| 141 | Ollie's Bargain Outlet Holdings Inc | 681116109 | 61,670 | $7.9M | 0.13% |
| 142 | NextEra Energy, Inc. | NEE-PW | 103,895 | $7.8M | 0.13% |
| 143 | ICF International, Inc. | 44925C103 | 84,255 | $7.8M | 0.13% |
| 144 | BlackLine, Inc. | BL | 141,825 | $7.5M | 0.13% |
| 145 | Lincoln Electric Holdings, Inc. | 533900106 | 31,420 | $7.4M | 0.13% |
| 146 | EVERTEC, Inc. | EVTC | 215,975 | $7.3M | 0.12% |
| 147 | Chubb Limited | CB | 25,425 | $7.2M | 0.12% |
| 148 | Procter & Gamble Company | 742718109 | 46,683 | $7.2M | 0.12% |
| 149 | Tetra Tech, Inc. | TTEK | 214,090 | $7.1M | 0.12% |
| 150 | Blackstone Inc. | BX | 41,620 | $7.1M | 0.12% |
| 151 | Alkami Technology Inc | ALKT | 280,887 | $7.0M | 0.12% |
| 152 | Option Care Health Inc | OPCH | 251,090 | $7.0M | 0.12% |
| 153 | Certara, Inc. | CERT | 570,342 | $7.0M | 0.12% |
| 154 | Workiva Inc. Class A | WK | 80,881 | $7.0M | 0.12% |
| 155 | nCino Inc | NCNO | 254,783 | $6.9M | 0.12% |
| 156 | Rockwell Automation, Inc. | ROK | 19,641 | $6.9M | 0.12% |
| 157 | La-Z-Boy Incorporated | LZB | 199,384 | $6.8M | 0.12% |
| 158 | AtriCure, Inc. | ATRC | 192,635 | $6.8M | 0.12% |
| 159 | ConocoPhillips | COP | 71,036 | $6.7M | 0.11% |
| 160 | International Business Machines Corporation | INTR | 23,626 | $6.7M | 0.11% |
| 161 | Casella Waste Systems, Inc. Class A | CWST | 69,708 | $6.6M | 0.11% |
| 162 | American Tower Corporation | 03027X100 | 34,000 | $6.5M | 0.11% |
| 163 | Air Products and Chemicals, Inc. | AIIR | 23,897 | $6.5M | 0.11% |
| 164 | NIKE, Inc. Class B | NKE | 92,762 | $6.5M | 0.11% |
| 165 | Comcast Corporation Class A | CCZ | 204,801 | $6.4M | 0.11% |
| 166 | ePlus inc. | PLUS | 89,693 | $6.4M | 0.11% |
| 167 | Exponent, Inc. | EXPO | 91,225 | $6.3M | 0.11% |
| 168 | Qualys, Inc. | QLYS | 47,506 | $6.3M | 0.11% |
| 169 | Mondelez International, Inc. Class A | 609207105 | 99,966 | $6.2M | 0.11% |
| 170 | SiteOne Landscape Supply, Inc. | SITE | 48,062 | $6.2M | 0.11% |
| 171 | DuPont de Nemours, Inc. | DD | 79,300 | $6.2M | 0.10% |
| 172 | SPS Commerce, Inc. | SPSC | 58,913 | $6.1M | 0.10% |
| 173 | Cisco Systems, Inc. | CSCO | 89,340 | $6.1M | 0.10% |
| 174 | Carriage Services Inc. | 143905107 | 133,190 | $5.9M | 0.10% |
| 175 | Onto Innovation, Inc. | ONTO | 45,821 | $5.9M | 0.10% |
| 176 | Donaldson Company, Inc. | DCI | 71,865 | $5.9M | 0.10% |
| 177 | Booz Allen Hamilton Holding Corporation Class A | BAH | 57,892 | $5.8M | 0.10% |
| 178 | Owens Corning | OC | 40,575 | $5.7M | 0.10% |
| 179 | Modine Manufacturing Company | 607828100 | 40,245 | $5.7M | 0.10% |
| 180 | UnitedHealth Group Incorporated | UNH | 16,547 | $5.7M | 0.10% |
| 181 | Watsco, Inc. | WSO-B | 14,018 | $5.7M | 0.10% |
| 182 | Nomad Foods Ltd. | NOMD | 427,422 | $5.6M | 0.10% |
| 183 | Tenable Holdings, Inc. | 88025T102 | 192,327 | $5.6M | 0.10% |
| 184 | Tractor Supply Company | TSCO | 97,639 | $5.6M | 0.09% |
| 185 | Intapp, Inc. | INTA | 127,705 | $5.2M | 0.09% |
| 186 | Baldwin Insurance Group, Inc. Class A | 05589G102 | 184,940 | $5.2M | 0.09% |
| 187 | Knight-Swift Transportation Holdings Inc. Class A | 499049104 | 131,650 | $5.2M | 0.09% |
| 188 | Novo Nordisk A/S Sponsored ADR Class B | NONOF | 90,890 | $5.0M | 0.09% |
| 189 | Phreesia, Inc. | PHR | 212,137 | $5.0M | 0.08% |
| 190 | Alexandria Real Estate Equities, Inc. | 015271109 | 58,455 | $4.9M | 0.08% |
| 191 | Medtronic Plc | MDT | 51,075 | $4.9M | 0.08% |
| 192 | Construction Partners, Inc. Class A | ROAD | 37,378 | $4.7M | 0.08% |
| 193 | Lamb Weston Holdings, Inc. | LW | 81,678 | $4.7M | 0.08% |
| 194 | Merck & Co., Inc. | MRK | 54,446 | $4.6M | 0.08% |
| 195 | WEC Energy Group Inc | WEC | 39,760 | $4.6M | 0.08% |
| 196 | Five9, Inc. | FIVN | 187,998 | $4.5M | 0.08% |
| 197 | Power Integrations, Inc. | POWI | 110,655 | $4.4M | 0.08% |
| 198 | Novanta Inc | NOVTU | 44,349 | $4.4M | 0.08% |
| 199 | J & J Snack Foods Corp. | JJSF | 45,945 | $4.4M | 0.07% |
| 200 | Marten Transport, Ltd. | MRTN | 398,744 | $4.3M | 0.07% |
| 201 | UFP Technologies, Inc. | UFPT | 20,801 | $4.2M | 0.07% |
| 202 | Repay Holdings Corp. Class A | RPAY | 782,881 | $4.1M | 0.07% |
| 203 | Enterprise Products Partners L.P. | 293792107 | 119,100 | $3.7M | 0.06% |
| 204 | SPX Technologies, Inc. | SPXC | 19,810 | $3.7M | 0.06% |
| 205 | Omnicell, Inc. | OMCL | 119,018 | $3.6M | 0.06% |
| 206 | NexPoint Residential Trust, Inc. | NXRT | 110,965 | $3.6M | 0.06% |
| 207 | Mama's Creations, Inc. | 56146T103 | 332,741 | $3.5M | 0.06% |
| 208 | Lennox International Inc. | 526107107 | 6,575 | $3.5M | 0.06% |
| 209 | Murphy USA, Inc. | MUSA | 8,140 | $3.2M | 0.05% |
| 210 | Grid Dynamics Holdings, Inc. Class A | GDYN | 384,446 | $3.0M | 0.05% |
| 211 | Simulations Plus, Inc. | SLP | 183,858 | $2.8M | 0.05% |
| 212 | CSW Industrials, Inc. | CSW | 8,660 | $2.1M | 0.04% |
| 213 | Williams Companies, Inc. | 969457100 | 32,572 | $2.1M | 0.04% |
| 214 | Comfort Systems USA, Inc. | 199908104 | 2,229 | $1.8M | 0.03% |
| 215 | Jefferies Financial Group Inc. | 47233W109 | 24,380 | $1.6M | 0.03% |