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Portfolio (Quarterly) Guide ↗

Nicollet Investment Management, Inc.

· CIK 0001729048
13F Portfolio $292M AUM 76 positions Filed May 13, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 3 New 3 Added 57 Reduced 1 Exited
Page 2 of 3  ·  57 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 UNP Union Pacific Corp Industrials 18,557.0 $4.5M 1.54% -800.0 -4.1% $242.60 +10.3%
22 KO Coca Cola Co. Consumer Defensive 58,769.0 $4.5M 1.53% -2K -3.4% $76.04 +5.7%
23 CB Chubb Ltd F Financial Services 12,601.0 $4.1M 1.41% -415.0 -3.2% $325.93 -2.9%
24 SCHM Schwab U.S. Mid Cap ETF 116,422.0 $3.6M 1.23% -6K -4.8% $30.96 +14.1%
25 FAST Fastenal Company Industrials 73,890.0 $3.4M 1.17% -3K -3.9% $46.39 -3.4%
26 UTHR United Therapeutics Healthcare 5,699.0 $3.4M 1.16% -232.0 -3.9% $592.91 -5.2%
27 BSX Boston Scientific Co Healthcare 47,855.0 $3.0M 1.03% -2K -3.4% $62.75 -21.6%
28 TMO Thermo Fisher Scientific Healthcare 5,504.0 $2.7M 0.93% -196.0 -3.4% $491.46 -1.2%
29 CRM Salesforce.com Technology 14,009.0 $2.6M 0.90% -372.0 -2.6% $186.67 -5.8%
30 HD Home Depot Inc. Consumer Cyclical 7,880.0 $2.6M 0.89% -233.0 -2.9% $328.93 -2.6%
31 PANW Palo Alto Networks Inc Technology 15,523.0 $2.5M 0.85% -876.0 -5.3% $160.34 +60.6%
32 LHX L3 Harris Technologies Inc Industrials 6,614.0 $2.3M 0.78% -270.0 -3.9% $345.18 -8.9%
33 AKAM Akamai Technologies Inc Technology 19,582.0 $2.2M 0.77% -100.0 -0.5% $114.85 +25.2%
34 NOW Servicenow, Inc Technology 20,248.0 $2.1M 0.72% -797.0 -3.8% $104.55 +4.8%
35 UNH Unitedhealth Group Inc Healthcare 7,479.0 $2.0M 0.69% -345.0 -4.4% $270.62 +41.1%
36 VMI Valmont Inds Inc Industrials 4,975.0 $2.0M 0.68% -194.0 -3.8% $399.60 +31.9%
37 ULTA Ulta Beauty Inc Consumer Cyclical 3,052.0 $1.6M 0.55% -135.0 -4.2% $522.61 -0.5%
38 EXPD Expeditors Int'l WA Industrials 10,698.0 $1.5M 0.53% -417.0 -3.8% $143.20 +11.4%
39 ALKS Alkermes Plc Healthcare 43,301.0 $1.5M 0.52% -1K -2.6% $35.36 +13.2%
40 MRNA Moderna Inc Healthcare 29,122.0 $1.5M 0.51% -1K -4.2% $50.79 -7.2%
Page 2 of 3  ·  57 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 27.7%
Communication Services 16.7%
Consumer Cyclical 11.9%
Industrials 11.9%
Financial Services 10.2%
Healthcare 9.3%
Energy 4.2%
Real Estate 2.9%
Consumer Defensive 2.6%
Basic Materials 2.4%