13F HOLDINGS REPORT
NICHOLAS COMPANY, INC.
Quarter ended Q4 2025 · Filed February 4, 2026 · Accession 0000903949-26-000002
Total Value
$5.71B
Positions
205
Other Managers
0
Confidential Omitted
No
Holdings (205)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | Alphabet Inc. Class C | GOOG | 797,510 | $250.3M | 4.38% |
| 2 | NVIDIA Corporation | NVDA | 1,158,250 | $216.0M | 3.78% |
| 3 | Microsoft Corporation | MSFT | 442,427 | $214.0M | 3.75% |
| 4 | Amazon.com, Inc. | AMZN | 873,554 | $201.6M | 3.53% |
| 5 | Apple Inc. | AAPL | 631,495 | $171.7M | 3.01% |
| 6 | TJX Companies Inc | 872540109 | 656,830 | $100.9M | 1.77% |
| 7 | Astrazeneca PLC Sponsored ADR | AZN | 1,083,854 | $99.6M | 1.75% |
| 8 | Thermo Fisher Scientific Inc. | TMO | 159,968 | $92.7M | 1.62% |
| 9 | O'Reilly Automotive, Inc. | 67103H107 | 960,870 | $87.6M | 1.53% |
| 10 | S&P Global, Inc. | SPGI | 165,540 | $86.5M | 1.52% |
| 11 | Eli Lilly and Company | LLY | 77,329 | $83.1M | 1.46% |
| 12 | Home Depot, Inc. | HD | 239,708 | $82.5M | 1.44% |
| 13 | JPMorgan Chase & Co. | VYLD | 248,590 | $80.1M | 1.40% |
| 14 | Meta Platforms Inc Class A | META | 119,410 | $78.8M | 1.38% |
| 15 | Waste Connections, Inc. | WCN | 449,112 | $78.8M | 1.38% |
| 16 | Costco Wholesale Corporation | 22160K105 | 88,276 | $76.1M | 1.33% |
| 17 | Coca-Cola Company | KO | 1,085,610 | $75.9M | 1.33% |
| 18 | Vulcan Materials Company | 929160109 | 262,305 | $74.8M | 1.31% |
| 19 | Sanofi Sponsored ADR | SNYNF | 1,500,255 | $72.7M | 1.27% |
| 20 | Salesforce, Inc. | CRM | 271,530 | $71.9M | 1.26% |
| 21 | Intercontinental Exchange, Inc. | 45866F104 | 437,155 | $70.8M | 1.24% |
| 22 | Mastercard Incorporated Class A | MA | 120,850 | $69.0M | 1.21% |
| 23 | Visa Inc. Class A | V | 196,055 | $68.8M | 1.20% |
| 24 | Sherwin-Williams Company | SHW | 203,220 | $65.8M | 1.15% |
| 25 | ServiceNow, Inc. | NOW | 426,015 | $65.3M | 1.14% |
| 26 | Aon Plc Class A | AON | 181,402 | $64.0M | 1.12% |
| 27 | Advanced Micro Devices, Inc. | AMD | 297,845 | $63.8M | 1.12% |
| 28 | Synopsys, Inc. | SNPS | 135,317 | $63.6M | 1.11% |
| 29 | Starbucks Corporation | SBUX | 733,950 | $61.8M | 1.08% |
| 30 | Adobe Inc. | ADBE | 174,626 | $61.1M | 1.07% |
| 31 | McDonald's Corporation | MCD | 199,475 | $61.0M | 1.07% |
| 32 | Workday, Inc. Class A | WDAY | 282,015 | $60.6M | 1.06% |
| 33 | Boston Scientific Corporation | BSX | 627,158 | $59.8M | 1.05% |
| 34 | Zscaler, Inc. | ZS | 262,697 | $59.1M | 1.03% |
| 35 | Stryker Corporation | SYK | 164,677 | $57.9M | 1.01% |
| 36 | Texas Instruments Incorporated | 882508104 | 332,129 | $57.6M | 1.01% |
| 37 | Netflix, Inc. | NFLX | 606,275 | $56.8M | 1.00% |
| 38 | Fastenal Company | FAST | 1,401,810 | $56.3M | 0.99% |
| 39 | Lam Research Corporation | LRCX | 321,092 | $55.0M | 0.96% |
| 40 | Alcon AG | ALC | 688,610 | $54.3M | 0.95% |
| 41 | KLA Corporation | KLAC | 44,490 | $54.1M | 0.95% |
| 42 | Snowflake, Inc. Class A | SNOW | 245,189 | $53.8M | 0.94% |
| 43 | Johnson Controls International plc | G51502105 | 421,735 | $50.5M | 0.88% |
| 44 | Eaton Corp. Plc | ETN | 156,225 | $49.8M | 0.87% |
| 45 | Atlassian Corp Class A | TEAM | 306,819 | $49.7M | 0.87% |
| 46 | Fortive Corp. | FTV | 894,425 | $49.4M | 0.86% |
| 47 | Cintas Corporation | CTAS | 260,491 | $49.0M | 0.86% |
| 48 | Carrier Global Corp. | CARR | 922,625 | $48.8M | 0.85% |
| 49 | Illinois Tool Works Inc. | 452308109 | 175,415 | $43.2M | 0.76% |
| 50 | Cadence Design Systems, Inc. | CDNS | 136,146 | $42.6M | 0.75% |
| 51 | Palo Alto Networks, Inc. | PANW | 223,650 | $41.2M | 0.72% |
| 52 | Trade Desk, Inc. Class A | 88339J105 | 1,016,743 | $38.6M | 0.68% |
| 53 | Roper Technologies, Inc. | ROP | 80,375 | $35.8M | 0.63% |
| 54 | Globus Medical Inc Class A | GMED | 307,721 | $26.9M | 0.47% |
| 55 | Lattice Semiconductor Corporation | LSCC | 359,503 | $26.5M | 0.46% |
| 56 | A. O. Smith Corporation | AOS | 390,718 | $26.1M | 0.46% |
| 57 | Microchip Technology Incorporated | MCHPP | 403,707 | $25.7M | 0.45% |
| 58 | Raymond James Financial, Inc. | 754730109 | 154,765 | $24.9M | 0.44% |
| 59 | IDEX Corporation | 45167R104 | 132,533 | $23.6M | 0.41% |
| 60 | CBRE Group, Inc. Class A | CBRE | 146,345 | $23.5M | 0.41% |
| 61 | Bio-Techne Corporation | TECH | 390,794 | $23.0M | 0.40% |
| 62 | Nordson Corporation | NDSN | 94,125 | $22.6M | 0.40% |
| 63 | Teledyne Technologies Incorporated | TDY | 44,204 | $22.6M | 0.40% |
| 64 | AMETEK, Inc. | AME | 109,288 | $22.4M | 0.39% |
| 65 | Ulta Beauty Inc. | ULTA | 36,275 | $21.9M | 0.38% |
| 66 | Paylocity Holding Corp. | PCTY | 143,528 | $21.9M | 0.38% |
| 67 | TransUnion | TRU | 255,088 | $21.9M | 0.38% |
| 68 | RB Global, Inc. | RBA | 210,888 | $21.7M | 0.38% |
| 69 | Corpay, Inc. | CPAY | 70,925 | $21.3M | 0.37% |
| 70 | Mettler-Toledo International Inc. | MTD | 15,149 | $21.1M | 0.37% |
| 71 | STERIS plc | STE | 77,975 | $19.8M | 0.35% |
| 72 | PTC Inc. | PTC | 112,099 | $19.5M | 0.34% |
| 73 | Dynatrace, Inc. | DT | 443,613 | $19.2M | 0.34% |
| 74 | L3Harris Technologies Inc | LHX | 61,905 | $18.2M | 0.32% |
| 75 | IQVIA Holdings Inc | IQV | 80,386 | $18.1M | 0.32% |
| 76 | Verisk Analytics Inc | VRSK | 79,305 | $17.7M | 0.31% |
| 77 | MongoDB, Inc. Class A | MDB | 41,925 | $17.6M | 0.31% |
| 78 | Wingstop, Inc. | WING | 73,537 | $17.5M | 0.31% |
| 79 | BJ's Wholesale Club Holdings, Inc. | 05550J101 | 192,994 | $17.4M | 0.30% |
| 80 | Broadridge Financial Solutions, Inc. | 11133T103 | 76,434 | $17.1M | 0.30% |
| 81 | AptarGroup, Inc. | ATR | 139,825 | $17.1M | 0.30% |
| 82 | Westinghouse Air Brake Technologies Corporation | 929740108 | 78,038 | $16.7M | 0.29% |
| 83 | Service Corporation International | 817565104 | 210,070 | $16.4M | 0.29% |
| 84 | Elastic NV | ESTC | 201,771 | $15.2M | 0.27% |
| 85 | Veeva Systems Inc Class A | VEEV | 67,650 | $15.1M | 0.26% |
| 86 | Stevanato Group SpA | STVN | 745,204 | $15.0M | 0.26% |
| 87 | Old Dominion Freight Line, Inc. | ODFL | 95,550 | $15.0M | 0.26% |
| 88 | Burlington Stores, Inc. | BURL | 50,605 | $14.6M | 0.26% |
| 89 | ResMed Inc. | RSMDF | 60,360 | $14.5M | 0.25% |
| 90 | CoStar Group, Inc. | CSGP | 214,249 | $14.4M | 0.25% |
| 91 | Revvity, Inc. | RVTY | 143,330 | $13.9M | 0.24% |
| 92 | Domino's Pizza, Inc. | DPZ | 33,255 | $13.9M | 0.24% |
| 93 | Okta, Inc. Class A | OKTA | 160,038 | $13.8M | 0.24% |
| 94 | CDW Corporation | CDW | 99,375 | $13.5M | 0.24% |
| 95 | Fair Isaac Corporation | FICO | 7,829 | $13.2M | 0.23% |
| 96 | Chipotle Mexican Grill, Inc. | CMG | 351,690 | $13.0M | 0.23% |
| 97 | SharkNinja, Inc. | SN | 116,041 | $13.0M | 0.23% |
| 98 | Cooper Companies, Inc. | 216648501 | 157,815 | $12.9M | 0.23% |
| 99 | Hologic, Inc. | HOLX | 168,385 | $12.5M | 0.22% |
| 100 | Chevron Corporation | CVX | 80,020 | $12.2M | 0.21% |
| 101 | Viking Holdings Ltd | VIK | 161,250 | $11.5M | 0.20% |
| 102 | Hilton Worldwide Holdings Inc. | HLT | 39,970 | $11.5M | 0.20% |
| 103 | Charles Schwab Corp | SCHW-PJ | 114,467 | $11.4M | 0.20% |
| 104 | Shift4 Payments, Inc. Class A | 82452J109 | 180,550 | $11.4M | 0.20% |
| 105 | Abbott Laboratories | ABLZF | 88,998 | $11.2M | 0.20% |
| 106 | Cohen & Steers, Inc. | CNS | 177,043 | $11.1M | 0.19% |
| 107 | PNC Financial Services Group, Inc. | 693475105 | 52,950 | $11.1M | 0.19% |
| 108 | Union Pacific Corporation | UNP | 47,431 | $11.0M | 0.19% |
| 109 | Republic Services, Inc. | 760759100 | 51,552 | $10.9M | 0.19% |
| 110 | Northern Trust Corporation | NTRSO | 78,776 | $10.8M | 0.19% |
| 111 | CMS Energy Corporation | CMS-PC | 152,040 | $10.6M | 0.19% |
| 112 | U.S. Bancorp | USB-PS | 197,965 | $10.6M | 0.19% |
| 113 | Johnson & Johnson | JNJ | 49,590 | $10.3M | 0.18% |
| 114 | Jack Henry & Associates, Inc. | 426281101 | 55,187 | $10.1M | 0.18% |
| 115 | Q2 Holdings, Inc. | QTWO | 136,846 | $9.9M | 0.17% |
| 116 | ExlService Holdings, Inc. | EXLS | 228,961 | $9.7M | 0.17% |
| 117 | Webster Financial Corporation | 947890109 | 151,469 | $9.5M | 0.17% |
| 118 | Prestige Consumer Healthcare Inc | 74112D101 | 151,655 | $9.4M | 0.16% |
| 119 | Gartner, Inc. | IT | 36,668 | $9.3M | 0.16% |
| 120 | Dorman Products, Inc. | 258278100 | 74,884 | $9.2M | 0.16% |
| 121 | BlackRock, Inc. | BLK | 8,469 | $9.1M | 0.16% |
| 122 | Williams-Sonoma, Inc. | WSM | 50,539 | $9.0M | 0.16% |
| 123 | Descartes Systems Group Inc. | 249906108 | 101,425 | $8.9M | 0.16% |
| 124 | AbbVie, Inc. | ABBV | 38,725 | $8.8M | 0.15% |
| 125 | Unilever PLC Sponsored ADR | UNLYF | 129,769 | $8.5M | 0.15% |
| 126 | i3 Verticals, Inc. Class A | IIIV | 331,348 | $8.3M | 0.15% |
| 127 | NextEra Energy, Inc. | NEE-PW | 103,895 | $8.3M | 0.15% |
| 128 | Nasdaq, Inc. | NDAQ | 85,545 | $8.3M | 0.15% |
| 129 | Equinix, Inc. | EQIX | 10,780 | $8.3M | 0.14% |
| 130 | Encompass Health Corporation | EHC | 77,433 | $8.2M | 0.14% |
| 131 | AtriCure, Inc. | ATRC | 205,505 | $8.1M | 0.14% |
| 132 | Chubb Limited | CB | 25,425 | $7.9M | 0.14% |
| 133 | NIKE, Inc. Class B | NKE | 123,652 | $7.9M | 0.14% |
| 134 | BlackLine, Inc. | BL | 141,890 | $7.8M | 0.14% |
| 135 | Casella Waste Systems, Inc. Class A | CWST | 79,418 | $7.8M | 0.14% |
| 136 | Rockwell Automation, Inc. | ROK | 19,641 | $7.6M | 0.13% |
| 137 | Lincoln Electric Holdings, Inc. | 533900106 | 31,420 | $7.5M | 0.13% |
| 138 | ePlus inc. | PLUS | 85,288 | $7.5M | 0.13% |
| 139 | La-Z-Boy Incorporated | LZB | 199,599 | $7.4M | 0.13% |
| 140 | Blackstone Inc. | BX | 47,910 | $7.4M | 0.13% |
| 141 | Onto Innovation, Inc. | ONTO | 45,821 | $7.2M | 0.13% |
| 142 | Alkami Technology Inc | ALKT | 312,297 | $7.2M | 0.13% |
| 143 | ICF International, Inc. | 44925C103 | 84,320 | $7.2M | 0.13% |
| 144 | Tetra Tech, Inc. | TTEK | 214,275 | $7.2M | 0.13% |
| 145 | nCino Inc | NCNO | 279,118 | $7.2M | 0.13% |
| 146 | Broadcom Inc. | AVGO | 20,617 | $7.1M | 0.12% |
| 147 | International Business Machines Corporation | INTR | 23,626 | $7.0M | 0.12% |
| 148 | Workiva Inc. Class A | WK | 80,916 | $7.0M | 0.12% |
| 149 | Knight-Swift Transportation Holdings Inc. Class A | 499049104 | 131,755 | $6.9M | 0.12% |
| 150 | Cisco Systems, Inc. | CSCO | 89,340 | $6.9M | 0.12% |
| 151 | Option Care Health Inc | OPCH | 214,720 | $6.8M | 0.12% |
| 152 | Medtronic Plc | MDT | 70,815 | $6.8M | 0.12% |
| 153 | Intapp, Inc. | INTA | 148,124 | $6.8M | 0.12% |
| 154 | Ollie's Bargain Outlet Holdings Inc | 681116109 | 61,720 | $6.8M | 0.12% |
| 155 | Procter & Gamble Company | 742718109 | 46,683 | $6.7M | 0.12% |
| 156 | ConocoPhillips | COP | 71,036 | $6.6M | 0.12% |
| 157 | American Tower Corporation | 03027X100 | 37,795 | $6.6M | 0.12% |
| 158 | OPENLANE, Inc. | OPLN | 214,246 | $6.4M | 0.11% |
| 159 | Exponent, Inc. | EXPO | 91,225 | $6.3M | 0.11% |
| 160 | Qualys, Inc. | QLYS | 47,551 | $6.3M | 0.11% |
| 161 | Analog Devices, Inc. | ADI | 23,263 | $6.3M | 0.11% |
| 162 | EVERTEC, Inc. | EVTC | 216,145 | $6.3M | 0.11% |
| 163 | Ryan Specialty Holdings, Inc. Class A | RYAN | 118,640 | $6.1M | 0.11% |
| 164 | SiteOne Landscape Supply, Inc. | SITE | 48,082 | $6.0M | 0.10% |
| 165 | Donaldson Company, Inc. | DCI | 67,280 | $6.0M | 0.10% |
| 166 | Air Products and Chemicals, Inc. | AIIR | 23,897 | $5.9M | 0.10% |
| 167 | SPS Commerce, Inc. | SPSC | 64,418 | $5.7M | 0.10% |
| 168 | Novanta Inc | NOVTU | 48,239 | $5.7M | 0.10% |
| 169 | Alliant Energy Corporation | LNT | 88,235 | $5.7M | 0.10% |
| 170 | Morningstar, Inc. | MORN | 26,315 | $5.7M | 0.10% |
| 171 | Carriage Services Inc. | 143905107 | 133,310 | $5.6M | 0.10% |
| 172 | UnitedHealth Group Incorporated | UNH | 16,547 | $5.5M | 0.10% |
| 173 | Mondelez International, Inc. Class A | 609207105 | 99,966 | $5.4M | 0.09% |
| 174 | Modine Manufacturing Company | 607828100 | 40,245 | $5.4M | 0.09% |
| 175 | Amgen Inc. | AMGN | 16,415 | $5.4M | 0.09% |
| 176 | Nomad Foods Ltd. | NOMD | 427,777 | $5.4M | 0.09% |
| 177 | WEC Energy Group Inc | WEC | 50,635 | $5.3M | 0.09% |
| 178 | Tractor Supply Company | TSCO | 106,709 | $5.3M | 0.09% |
| 179 | Mama's Creations, Inc. | 56146T103 | 394,601 | $5.3M | 0.09% |
| 180 | Merck & Co., Inc. | MRK | 49,156 | $5.2M | 0.09% |
| 181 | Booz Allen Hamilton Holding Corporation Class A | BAH | 60,635 | $5.1M | 0.09% |
| 182 | Varonis Systems, Inc. | VRNS | 154,615 | $5.1M | 0.09% |
| 183 | Certara, Inc. | CERT | 568,695 | $5.0M | 0.09% |
| 184 | Simulations Plus, Inc. | SLP | 262,712 | $4.8M | 0.08% |
| 185 | Novo Nordisk A/S Sponsored ADR Class B | NONOF | 90,890 | $4.6M | 0.08% |
| 186 | UFP Technologies, Inc. | UFPT | 20,801 | $4.6M | 0.08% |
| 187 | Marten Transport, Ltd. | MRTN | 398,744 | $4.5M | 0.08% |
| 188 | Tenable Holdings, Inc. | 88025T102 | 192,387 | $4.5M | 0.08% |
| 189 | Baldwin Insurance Group, Inc. Class A | 05589G102 | 185,110 | $4.4M | 0.08% |
| 190 | Phreesia, Inc. | PHR | 248,652 | $4.2M | 0.07% |
| 191 | SPX Technologies, Inc. | SPXC | 19,810 | $4.0M | 0.07% |
| 192 | Power Integrations, Inc. | POWI | 110,655 | $3.9M | 0.07% |
| 193 | Enterprise Products Partners L.P. | 293792107 | 119,100 | $3.8M | 0.07% |
| 194 | Construction Partners, Inc. Class A | ROAD | 33,763 | $3.7M | 0.06% |
| 195 | Grid Dynamics Holdings, Inc. Class A | GDYN | 384,446 | $3.5M | 0.06% |
| 196 | NexPoint Residential Trust, Inc. | NXRT | 110,965 | $3.3M | 0.06% |
| 197 | CSW Industrials, Inc. | CSW | 11,210 | $3.3M | 0.06% |
| 198 | Murphy USA, Inc. | MUSA | 8,140 | $3.3M | 0.06% |
| 199 | Lennox International Inc. | 526107107 | 6,600 | $3.2M | 0.06% |
| 200 | Williams Companies, Inc. | 969457100 | 39,952 | $2.4M | 0.04% |
| 201 | Sysco Corporation | SYY | 30,915 | $2.3M | 0.04% |
| 202 | CrowdStrike Holdings, Inc. Class A | CRWD | 3,040 | $1.4M | 0.02% |
| 203 | Skyworks Solutions, Inc. | SWKS | 21,566 | $1.4M | 0.02% |
| 204 | Five9, Inc. | FIVN | 1,008 | $20,210 | 0.00% |
| 205 | Magnum Ice Cream Co. N.V. | MICC | 75 | $1,189 | 0.00% |