2026 Q1 Portfolio Activity
In 2026 Q1, Nicholas Investment Partners, LP maintained a portfolio of 240 distinct positions. The most significant new addition was STERLING INFRASTRUCTURE INC, now representing 1.46% of the total fund value. They heavily accumulated shares in MODINE MFG CO, increasing the position by 51.5%. Conversely, Nicholas Investment Partners, LP completely exited their position in PIPER SANDLER COMPANIES.
Position History
hover any row below to update
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Total Positions
240
Quarter
2026 Q1
Top Holding
BWXT (3.9%)
Top 10 Concentration
19.8%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-50 of 240
Nicholas Investment Partners, LP Full Holdings List — 2026 Q1
| Stock | History | Sector / Type | Port % | Prev % | Rank / Prev | Conviction | Change | % Change | Influence | Shares | Mkt Value | Avg Cost | Price Held | 1st Owned | Source | Source Date | Date Reported | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
BWXT
BWX TECHNOLOGIE...
|
Industrials | 3.86% | 3.28% |
#1
Prev: #1
|
4.0 |
—
|
1,033 | 0.4% |
P
S
|
261,867 | $53,549,183 |
$58.61
+246.2%
|
2016 Q3 | 13F Filing | 2026-03-31 | 2026-05-15 | ||
|
INSM
INSMED INC
|
Healthcare | 2.15% | 2.29% |
#2
Prev: #2
|
2.9 |
—
|
2,130 | 1.2% |
P
S
|
182,540 | $29,848,941 |
$39.77
+175.4%
|
2014 Q1 | 13F Filing | 2026-03-31 | 2026-05-15 | ||
|
KTOS
KRATOS DEFENSE ...
|
Industrials | 1.99% | 2.17% |
#3
Prev: #3
|
2.3 |
—
|
-1,108 | -0.3% |
P
S
|
390,924 | $27,564,051 |
$47.09
+19.3%
|
2025 Q2 | 13F Filing | 2026-03-31 | 2026-05-15 | ||
|
GEV
GE VERNOVA INC
|
Industrials | 1.92% | 1.45% |
#4
5
Prev: #9
|
2.3 |
—
|
no change | no change |
P
S
|
30,410 | $26,544,889 | 2024 Q2 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
RVMD
REVOLUTION MEDI...
|
Healthcare | 1.83% | 1.84% |
#5
Prev: #5
|
1.7 |
—
|
-56,545 | -17.8% |
P
S
|
261,166 | $25,398,394 | 2024 Q2 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
ERJ
EMBRAER S.A.
|
Unknown | 1.83% | 2.01% |
#6
2
Prev: #4
|
1.2 |
—
|
-1,684 | -0.4% |
P
S
|
427,288 | $25,355,270 | 2010 Q4 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
MOD
MODINE MFG CO
|
Consumer Cyclical | 1.66% | 0.68% |
#7
45
Prev: #52
|
3.7 |
—
|
36,077 | 51.5% |
P
S
|
106,134 | $23,000,299 | 2023 Q4 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
BBIO
BRIDGEBIO PHARM...
|
Healthcare | 1.60% | 1.59% |
#8
Prev: #8
|
1.1 |
—
|
14,227 | 5.0% |
P
S
|
298,909 | $22,196,982 | 2019 Q3 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
NVDA
NVIDIA CORPORAT...
|
Technology | 1.49% | 1.66% |
#9
2
Prev: #7
|
1.1 |
—
|
-3,496 | -2.9% |
P
S
|
118,347 | $20,639,717 | 2007 Q1 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
STRL
STERLING INFRAS...
|
Industrials | 1.46% | — |
#10
Prev: #—
|
4.1 |
—
|
49,688 | — |
NEW
|
49,688 | $20,236,432 | 2026 Q1 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
CCJ
CAMECO CORP
|
Energy | 1.36% | 1.16% |
#11
9
Prev: #20
|
1.5 |
—
|
no change | no change |
P
S
|
173,449 | $18,838,296 | 2021 Q4 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
LINC
LINCOLN EDL SVC...
|
Consumer Defensive | 1.35% | — |
#12
Prev: #—
|
4.0 |
—
|
459,509 | — |
NEW
|
459,509 | $18,692,826 | 2026 Q1 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
XOM
EXXON MOBIL COR...
|
Energy | 1.29% | 0.92% |
#13
14
Prev: #27
|
1.5 |
—
|
no change | no change |
P
S
|
105,500 | $17,899,130 | 2008 Q4 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
CENX
CENTURY ALUM CO
|
Basic Materials | 1.24% | 0.83% |
#14
22
Prev: #36
|
1.0 |
—
|
1,442 | 0.5% |
P
S
|
292,402 | $17,161,073 | 2009 Q3 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
CRS
CARPENTER TECHN...
|
Industrials | 1.19% | 0.96% |
#15
10
Prev: #25
|
1.0 |
—
|
-34 | -0.1% |
P
S
|
41,756 | $16,458,127 | 2025 Q1 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
NUVL
NUVALENT INC
|
Healthcare | 1.18% | 1.18% |
#16
1
Prev: #17
|
1.0 |
—
|
-762 | -0.5% |
P
S
|
159,721 | $16,363,416 | 2023 Q3 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
WTFC
WINTRUST FINL C...
|
Financial Services | 1.17% | 1.20% |
#17
3
Prev: #14
|
1.0 |
—
|
-749 | -0.6% |
P
S
|
116,841 | $16,233,889 | 2012 Q4 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
AVGO
BROADCOM INC
|
Technology | 1.17% | 1.73% |
#18
12
Prev: #6
|
0.5 |
—
|
-16,356 | -23.8% |
P
S
|
52,405 | $16,219,872 | 2016 Q1 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
PARR
PAR PAC HOLDING...
|
Energy | 1.13% | 0.85% |
#19
13
Prev: #32
|
0.5 |
—
|
-82,751 | -24.8% |
P
S
|
250,787 | $15,709,298 | 2025 Q2 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
MODG
CALLAWAY GOLF C...
|
Unknown | 1.13% | — |
#20
Prev: #—
|
4.0 |
—
|
1,125,984 | — |
NEW
|
1,125,984 | $15,628,658 | 2009 Q3 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
FTAI
FTAI AVIATION L...
|
Industrials | 1.11% | 0.89% |
#21
9
Prev: #30
|
0.9 |
—
|
852 | 1.4% |
P
S
|
62,674 | $15,355,130 | 2023 Q4 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
BE
BLOOM ENERGY CO...
|
Industrials | 1.09% | 0.71% |
#22
28
Prev: #50
|
0.9 |
—
|
-567 | -0.5% |
P
S
|
111,549 | $15,113,774 | 2025 Q3 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
AMZN
AMAZON COM INC
|
Consumer Cyclical | 1.06% | 1.17% |
#23
5
Prev: #18
|
0.9 |
—
|
1,023 | 1.5% |
P
S
|
70,348 | $14,651,378 | 2008 Q3 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
TFII
TRANSFORCE INC
|
Industrials | 1.05% | 0.65% |
#24
33
Prev: #57
|
3.4 |
—
|
47,631 | 55.4% |
P
S
|
133,620 | $14,515,141 | 2020 Q1 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
XENE
XENON PHARMACEU...
|
Healthcare | 1.04% | 0.79% |
#25
16
Prev: #41
|
0.9 |
—
|
4,112 | 1.7% |
P
S
|
247,101 | $14,368,923 | 2022 Q4 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
N/A
NEXTERA ENERGY ...
|
|
Bond/Debt | 1.03% | 0.77% |
#26
17
Prev: #43
|
2.9 |
—
|
1,750,000 | 20.6% |
P
S
|
10,245,000 | $14,214,938 | — | 13F Filing | 2026-03-31 | 2026-05-15 | ||
|
SKT
TANGER INC
|
Real Estate | 1.00% | 1.10% |
#27
6
Prev: #21
|
0.9 |
—
|
-41,846 | -9.3% |
P
S
|
408,826 | $13,891,907 | 2023 Q2 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
TSM
TAIWAN SEMICOND...
|
Technology | 1.00% | 0.83% |
#28
6
Prev: #34
|
2.4 |
—
|
3,390 | 9.0% |
P
S
|
41,062 | $13,876,903 | 2008 Q2 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
AXSM
AXSOME THERAPEU...
|
Healthcare | 0.99% | 1.22% |
#29
17
Prev: #12
|
0.9 |
—
|
-10,086 | -11.0% |
P
S
|
81,478 | $13,771,412 | 2019 Q4 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
MPWR
MONOLITHIC PWR ...
|
Technology | 0.95% | 0.79% |
#30
12
Prev: #42
|
0.9 |
—
|
117 | 1.0% |
P
S
|
12,029 | $13,151,907 | 2007 Q1 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
LSCC
LATTICE SEMICON...
|
Technology | 0.94% | 0.81% |
#31
9
Prev: #40
|
0.9 |
—
|
-10,741 | -7.1% |
P
S
|
140,631 | $13,044,932 | 2019 Q3 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
AEIS
ADVANCED ENERGY...
|
Industrials | 0.94% | — |
#32
Prev: #—
|
3.9 |
—
|
40,359 | — |
NEW
|
40,359 | $13,024,253 | 2009 Q4 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
SPHR
SPHERE ENTERTAI...
|
Communication Services | 0.92% | 0.76% |
#33
11
Prev: #44
|
0.9 |
—
|
-645 | -0.6% |
P
S
|
108,750 | $12,767,250 | 2025 Q3 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
XPO
XPO INC
|
Industrials | 0.89% | 0.63% |
#34
24
Prev: #58
|
1.4 |
—
|
no change | no change |
P
S
|
63,679 | $12,388,749 | 2014 Q3 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
MIRM
MIRUM PHARMACEU...
|
Healthcare | 0.88% | 1.23% |
#35
24
Prev: #11
|
0.4 |
—
|
-82,088 | -38.5% |
P
S
|
131,303 | $12,129,771 | 2023 Q2 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
RSI
RUSH STREET INT...
|
Consumer Cyclical | 0.85% | 0.82% |
#36
1
Prev: #37
|
0.8 |
—
|
-37,520 | -6.5% |
P
S
|
542,656 | $11,802,768 | 2024 Q4 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
BA/PRA
BOEING CO
|
Preferred | 0.84% | 0.72% |
#37
12
Prev: #49
|
2.8 |
—
|
36,000 | 25.1% |
P
S
|
179,250 | $11,635,118 | 2024 Q4 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
FN
FABRINET
|
Technology | 0.82% | 0.92% |
#38
10
Prev: #28
|
0.3 |
—
|
-5,856 | -21.2% |
P
S
|
21,815 | $11,376,959 | 2011 Q1 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
APGE
APOGEE THERAPEU...
|
Healthcare | 0.80% | 0.62% |
#39
22
Prev: #61
|
2.3 |
—
|
18,068 | 16.0% |
P
S
|
130,992 | $11,025,597 | 2024 Q1 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
RKLB
ROCKET LAB CORP
|
Industrials | 0.79% | 0.94% |
#40
14
Prev: #26
|
0.8 |
—
|
-13,244 | -7.2% |
P
S
|
171,517 | $11,014,822 | 2025 Q1 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
GS
GOLDMAN SACHS G...
|
Financial Services | 0.79% | 0.83% |
#41
6
Prev: #35
|
1.3 |
—
|
no change | no change |
P
S
|
13,000 | $10,997,870 | 2006 Q4 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
MTSI
MACOM TECH SOLU...
|
Technology | 0.79% | 0.81% |
#42
3
Prev: #39
|
0.3 |
—
|
-15,680 | -24.0% |
P
S
|
49,523 | $10,997,573 | 2017 Q3 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
ROAD
CONSTRUCTION PA...
|
Industrials | 0.78% | 0.74% |
#43
4
Prev: #47
|
0.8 |
—
|
3,922 | 4.2% |
P
S
|
97,032 | $10,782,196 | 2025 Q3 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
N/A
BRIDGEBIO PHARM...
|
|
Bond/Debt | 0.73% | — |
#44
Prev: #—
|
3.8 |
—
|
6,000,000 | — |
NEW
|
6,000,000 | $10,167,000 | — | 13F Filing | 2026-03-31 | 2026-05-15 | ||
|
N/A
SNOWFLAKE INC
|
|
Bond/Debt | 0.73% | 0.75% |
#45
Prev: #45
|
2.8 |
—
|
1,600,000 | 23.9% |
P
S
|
8,300,000 | $10,155,880 | — | 13F Filing | 2026-03-31 | 2026-05-15 | ||
|
ABVX
ABIVAX SA
|
Healthcare | 0.72% | 0.82% |
#46
8
Prev: #38
|
2.3 |
—
|
7,138 | 8.6% |
P
S
|
90,206 | $10,044,438 | 2025 Q3 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
POWL
POWELL INDS INC
|
Industrials | 0.72% | 0.43% |
#47
38
Prev: #85
|
0.8 |
—
|
14 | 0.1% |
P
S
|
18,520 | $10,020,802 | 2025 Q3 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
N/A
SEAGATE HDD CAY...
|
|
Bond/Debt | 0.71% | 1.19% |
#48
33
Prev: #15
|
0.3 |
—
|
-2,810,000 | -57.6% |
P
S
|
2,070,000 | $9,826,704 | — | 13F Filing | 2026-03-31 | 2026-05-15 | ||
|
PL
PLANET LABS PBC
|
Industrials | 0.68% | 0.60% |
#49
13
Prev: #62
|
0.8 |
—
|
-82,918 | -19.7% |
P
S
|
337,923 | $9,444,948 | 2025 Q1 | 13F Filing | 2026-03-31 | 2026-05-15 | |||
|
SITM
SITIME CORP
|
Technology | 0.67% | 0.52% |
#50
24
Prev: #74
|
2.8 |
—
|
6,614 | 32.8% |
P
S
|
26,792 | $9,252,617 | 2025 Q4 | 13F Filing | 2026-03-31 | 2026-05-15 |
Showing 1-50 of 240 holdings