NICHOLAS COMPANY, INC.

Filed: 11/13/2023ACC: 0000903949-23-000006

📋 What this filing means

NICHOLAS COMPANY, INC. filed this quarterly 13F‑HR report disclosing 214 equity positions with a total reported market value of $5.00B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

214

Positions

$5.00B

Total AUM (reported)

44.52M

Total Shares

Allocation by class

COM$3.84B76.8%

CL A$445.06M8.9%

CAP STK CL C$176.56M3.5%

COM CL A$131.73M2.6%

COM NEW$113.22M2.3%

ORD SHS$84.42M1.7%

SHS CL A$74.00M1.5%

Portfolio Concentration

Top 3$439.03M8.8%

4–10$560.81M11.2%

11–25$939.58M18.8%

Rest$3.06B61.2%

Top 3 weight

8.8%

Top 10 weight

20.0%

Voting Authority Distribution

Total shares with voting rights: 44.52M

Sole

Full voting authority

44.30M

% of voting shares99.5%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

227.55K

% of voting shares0.5%

Investment Discretion (by position count)

Sole214

Shared0

Other0

Dominant voting typeSole · 99.5% of voting shares

Institutional Holdings214

Rows:

Alphabet Inc. Class C

SOLE

CAP STK CL C

Shares1.34M

TypeSH

Market value$176.56M

3.53%

Sole

1.34M

Shared

0.00

None

0.00

Microsoft Corporation

SOLE

COM

Shares498.38K

TypeSH

Market value$157.36M

3.15%

Sole

498.38K

Shared

0.00

None

0.00

O'Reilly Automotive, Inc.

SOLE

COM

Shares115.64K

TypeSH

Market value$105.10M

2.10%

Sole

114.81K

Shared

0.00

None

830.00

Apple Inc.

SOLE

COM

Shares586.34K

TypeSH

Market value$100.39M

2.01%

Sole

586.34K

Shared

0.00

None

0.00

Amazon.com, Inc.

SOLE

COM

Shares705.07K

TypeSH

Market value$89.63M

1.79%

Sole

705.07K

Shared

0.00

None

0.00

Home Depot, Inc.

SOLE

COM

Shares256.39K

TypeSH

Market value$77.47M

1.55%

Sole

254.99K

Shared

0.00

None

1.40K

Aon Plc Class A

SOLE

SHS CL A

Shares228.25K

TypeSH

Market value$74.00M

1.48%

Sole

228.25K

Shared

0.00

None

0.00

Adobe Incorporated

SOLE

COM

Shares144.29K

TypeSH

Market value$73.58M

1.47%

Sole

144.29K

Shared

0.00

None

0.00

Mastercard Incorporated Class A

SOLE

CL A

Shares185.59K

TypeSH

Market value$73.48M

1.47%

Sole

185.59K

Shared

0.00

None

0.00

DexCom, Inc.

SOLE

COM

Shares774.56K

TypeSH

Market value$72.27M

1.45%

Sole

771.75K

Shared

0.00

None

2.81K

Fastenal Company

SOLE

COM

Shares1.25M

TypeSH

Market value$68.40M

1.37%

Sole

1.25M

Shared

0.00

None

6.14K

Thermo Fisher Scientific Inc.

SOLE

COM

Shares134.95K

TypeSH

Market value$68.31M

1.37%

Sole

134.95K

Shared

0.00

None

0.00

TJX Companies Inc

SOLE

COM

Shares761.77K

TypeSH

Market value$67.71M

1.36%

Sole

761.77K

Shared

0.00

None

0.00

Constellation Brands, Inc. Class A

SOLE

CL A

Shares267.48K

TypeSH

Market value$67.22M

1.35%

Sole

265.92K

Shared

0.00

None

1.56K

Fortive Corp.

SOLE

COM

Shares900.01K

TypeSH

Market value$66.74M

1.34%

Sole

893.50K

Shared

0.00

None

6.51K

Chipotle Mexican Grill, Inc.

SOLE

COM

Shares34.76K

TypeSH

Market value$63.67M

1.27%

Sole

34.59K

Shared

0.00

None

165.00

Palo Alto Networks, Inc.

SOLE

COM

Shares265.38K

TypeSH

Market value$62.22M

1.25%

Sole

263.09K

Shared

0.00

None

2.29K

Visa Inc. Class A

SOLE

COM CL A

Shares266.15K

TypeSH

Market value$61.22M

1.23%

Sole

266.15K

Shared

0.00

None

0.00

S&P Global, Inc.

SOLE

COM

Shares165.47K

TypeSH

Market value$60.47M

1.21%

Sole

165.47K

Shared

0.00

None

0.00

UnitedHealth Group Incorporated

SOLE

COM

Shares118.27K

TypeSH

Market value$59.63M

1.19%

Sole

118.27K

Shared

0.00

None

0.00

Costco Wholesale Corporation

SOLE

COM

Shares105.44K

TypeSH

Market value$59.57M

1.19%

Sole

105.44K

Shared

0.00

None

0.00

Boston Scientific Corporation

SOLE

COM

Shares1.11M

TypeSH

Market value$58.87M

1.18%

Sole

1.11M

Shared

0.00

None

0.00

Vulcan Materials Company

SOLE

COM

Shares291.07K

TypeSH

Market value$58.80M

1.18%

Sole

288.40K

Shared

0.00

None

2.67K

Workday, Inc. Class A

SOLE

CL A

Shares273.14K

TypeSH

Market value$58.68M

1.17%

Sole

273.14K

Shared

0.00

None

0.00

CrowdStrike Holdings, Inc. Class A

SOLE

CL A

Shares346.99K

TypeSH

Market value$58.08M

1.16%

Sole

344.28K

Shared

0.00

None

2.71K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
Alphabet Inc. Class CSOLE	CAP STK CL C	1.34M	SH	$176.56M 3.53%	1.34M	0.00
Microsoft CorporationSOLE	COM	498.38K	SH	$157.36M 3.15%	498.38K	0.00
O'Reilly Automotive, Inc.SOLE	COM	115.64K	SH	$105.10M 2.10%	114.81K	830.00
Apple Inc.SOLE	COM	586.34K	SH	$100.39M 2.01%	586.34K	0.00
Amazon.com, Inc.SOLE	COM	705.07K	SH	$89.63M 1.79%	705.07K	0.00
Home Depot, Inc.SOLE	COM	256.39K	SH	$77.47M 1.55%	254.99K	1.40K
Aon Plc Class ASOLE	SHS CL A	228.25K	SH	$74.00M 1.48%	228.25K	0.00
Adobe IncorporatedSOLE	COM	144.29K	SH	$73.58M 1.47%	144.29K	0.00
Mastercard Incorporated Class ASOLE	CL A	185.59K	SH	$73.48M 1.47%	185.59K	0.00
DexCom, Inc.SOLE	COM	774.56K	SH	$72.27M 1.45%	771.75K	2.81K
Fastenal CompanySOLE	COM	1.25M	SH	$68.40M 1.37%	1.25M	6.14K
Thermo Fisher Scientific Inc.SOLE	COM	134.95K	SH	$68.31M 1.37%	134.95K	0.00
TJX Companies IncSOLE	COM	761.77K	SH	$67.71M 1.36%	761.77K	0.00
Constellation Brands, Inc. Class ASOLE	CL A	267.48K	SH	$67.22M 1.35%	265.92K	1.56K
Fortive Corp.SOLE	COM	900.01K	SH	$66.74M 1.34%	893.50K	6.51K
Chipotle Mexican Grill, Inc.SOLE	COM	34.76K	SH	$63.67M 1.27%	34.59K	165.00
Palo Alto Networks, Inc.SOLE	COM	265.38K	SH	$62.22M 1.25%	263.09K	2.29K
Visa Inc. Class ASOLE	COM CL A	266.15K	SH	$61.22M 1.23%	266.15K	0.00
S&P Global, Inc.SOLE	COM	165.47K	SH	$60.47M 1.21%	165.47K	0.00
UnitedHealth Group IncorporatedSOLE	COM	118.27K	SH	$59.63M 1.19%	118.27K	0.00
Costco Wholesale CorporationSOLE	COM	105.44K	SH	$59.57M 1.19%	105.44K	0.00
Boston Scientific CorporationSOLE	COM	1.11M	SH	$58.87M 1.18%	1.11M	0.00
Vulcan Materials CompanySOLE	COM	291.07K	SH	$58.80M 1.18%	288.40K	2.67K
Workday, Inc. Class ASOLE	CL A	273.14K	SH	$58.68M 1.17%	273.14K	0.00
CrowdStrike Holdings, Inc. Class ASOLE	CL A	346.99K	SH	$58.08M 1.16%	344.28K	2.71K

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