13F-HR: Nicolet Bankshares Inc. Discloses Q1 2025 Investment Portfolio

Nicolet Bankshares Inc. reports its holdings for the quarter ended March 31, 2025, with a total portfolio value of $498,063,063.

Summary

• Nicolet Bankshares Inc. filed its Form 13F holdings report for the quarter ended March 31, 2025.
• The total value of their reported holdings amounts to $498,063,063.
• The report includes 204 holdings.
• The largest holding is Nicolet Bankshares Inc. common stock with a value of $96,792,982 and 888,335 shares.
• Other significant holdings include SPDR Portfolio S&P 500 Value ETF ($55,320,301), SPDR Portfolio S&P 500 Growth ETF ($30,184,400), and Microsoft Corp ($10,900,575).

Sentiment

Score: 6

Explanation: The document is a routine portfolio disclosure. Sentiment is neutral, reflecting standard investment practices.

Positives

• The investment portfolio is well-diversified across various sectors and asset classes.
• The firm has significant holdings in large-cap companies and ETFs, providing stability and growth potential.
• The inclusion of ETFs allows for broad market exposure and diversification.

Industry Context

This filing provides insight into the investment strategy of a regional bank holding company. It reflects a mix of individual stock holdings and ETF investments, aligning with common practices in the financial services industry for managing investment portfolios.

Comparison to Industry Standards

• Comparing Nicolet Bankshares' portfolio to similar regional banks, the allocation to ETFs appears consistent with industry trends for diversification.
• The significant holding in its own stock is notable and could be compared to other banks with similar ownership structures.
• Comparing the ETF choices to benchmarks like Vanguard or BlackRock's offerings, the expense ratios and tracking errors would be relevant for performance assessment.

Stakeholder Impact

• The investment portfolio's performance directly impacts Nicolet Bankshares' financial health and, consequently, its shareholders.
• The investment decisions can affect the broader market depending on the size and nature of the positions taken.

Key Dates

Keywords

holdings, investment portfolio, Form 13F, Nicolet Bankshares, equities, ETFs