13F filer

Nicolet Advisory Services

As of Dec 31, 2025 Filed Feb 13, 2026 CIK 1775863 SEC filings ↗

Stale filing snapshot. This manager's latest published quarter is Q4 2025, behind the current site baseline of Q2 2026. These holdings remain available for historical reference but are excluded from sitewide current-holder totals.

13F Value

$1.48B

Positions

421

Top Position

SPYM19.9%

Top 5

36.6%

Latest filing changes

1 SPYM State Street(R) SPDR(R) Portfolio S&P 500(R) ETF 19.9%

2 SPYV State Street(R) SPDR(R) Portfolio S&P 500(R) Value ETF 4.7%

3 SPYG State Street(R) SPDR(R) Portfolio S&P 500(R) Growth ETF 4.3%

4 AVEM Avantis Emerging Markets Equity ETF 4.1%

5 AAPL Apple 3.5%

Holdings421

#
1	SPYM State Street(R) SPDR(R) Portfolio S&P 500(R) ETF	19.9%	$295.3M	—	3.61M	—	ETF
2	SPYV State Street(R) SPDR(R) Portfolio S&P 500(R) Value ETF	4.7%	$70.3M	—	1.21M	—	ETF
3	SPYG State Street(R) SPDR(R) Portfolio S&P 500(R) Growth ETF	4.3%	$63.4M	—	585.1K	—	ETF
4	AVEM Avantis Emerging Markets Equity ETF	4.1%	$61.1M	—	754.9K	—	ETF
5	AAPL Apple	3.5%	$52.5M	—	201.6K	—	Common Stock
6	ITOT iShares Core S&P Total U.S. Stock Market ETF	3.2%	$46.8M	—	308.0K	—	ETF
7	VEA Vanguard Developed Markets Index Fund — ETF Shares	3.2%	$46.8M	—	720.5K	—	ETF
8	VTEB Vanguard Tax-Exempt Bond Index Fund — ETF Shares	2.4%	$35.2M	—	695.3K	—	ETF
9	VO Vanguard Morningstar Mid-Cap Index Fund — ETF Shares	2.2%	$32.3M	—	107.9K	—	ETF
10	BRK.B Berkshire Hathaway Class B Filing details 084670702 Dec 31, 2025 58,069 reported quantity $28,957,268 reported value	2.0%	$29.0M	—	58.1K	—	Common Stock
11	FBND Fidelity Total Bond ETF	1.8%	$27.3M	—	592.0K	—	ETF
12	MSFT Microsoft	1.8%	$26.3M	—	55.2K	—	Common Stock
13	VOO Vanguard 500 Index Fund — ETF Shares	1.6%	$24.2M	—	37.9K	—	ETF
14	JPM JPMorgan Chase	1.5%	$22.7M	—	70.0K	—	Common Stock
15	NVDA NVIDIA	1.5%	$21.7M	—	117.2K	—	Common Stock
16	BND Vanguard Total Bond Market Index Fund — ETF Shares	1.3%	$19.3M	—	260.4K	—	ETF
17	UITB VictoryShares Core Intermediate Bond ETF formerly VictoryShares USAA Core Intermediate-Term Bond ETF — VictoryShares Core Intermediate Bond ETF	1.2%	$18.5M	—	389.9K	—	ETF
18	PG Procter & Gamble	1.2%	$17.8M	—	124.1K	—	Common Stock
19	AVRE Avantis Real Estate ETF	1.2%	$17.1M	—	388.8K	—	ETF
20	AMZN Amazon	1.1%	$16.0M	—	64.9K	—	Common Stock

Change compares with the prior filing. Prior % is the share of the portfolio in that filing. Trend shows the quantity held in each of the last four filings: green rose, red fell, grey unchanged.