NICOLET ADVISORY SERVICES, LLC — 13F holdings

NICOLET ADVISORY SERVICES, LLC reported 421 holdings worth $1.48B in its 13F filing for Q4 2025, filed February 13, 2026.

Largest positions

  1. SPYM SPDR SERIES TRUST — $295M (19.9%)
  2. SPYV SPDR SERIES TRUST — $70.3M (4.7%)
  3. SPYG SPDR SERIES TRUST — $63.4M (4.3%)
  4. AVEM AMERICAN CENTY ETF TR — $61.1M (4.1%)
  5. AAPL APPLE INC — $52.5M (3.5%)
  6. ITOT ISHARES TR — $46.8M (3.2%)
  7. VEA VANGUARD TAX-MANAGED FDS — $46.8M (3.2%)
  8. VTEB VANGUARD MUN BD FDS — $35.2M (2.4%)
  9. VO VANGUARD INDEX FDS — $32.3M (2.2%)
  10. BRK.B BERKSHIRE HATHAWAY INC DEL — $29.0M (2.0%)