NI

Nicholas Investment Partners, LP

Diversified strategyMomentum followerQuality / disciplined sizing

Total reported value

$1.4B

Reporting period: 2026-03-31 · Number of holdings: 205

Nicholas Investment Partners, LP disclosed 205 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $1.4B and a quarterly turnover rate of 51.0%.

Personality snowflake

Concentration
3.93
Portfolio Stability
50.99
Momentum/Contrarian
100
Sector conviction
57.62
Diversification
100
Sizing Uniformity
89.9

Recent moves

  • Trim ANF

    -84.1%　-$14.5M

  • Trim MIR

    -92.3%　-$14.1M

  • Add MOD

    +51.5%　$13.6M

  • Trim SHOO

    -54.7%　-$11.1M

  • Trim HAPN

    -62.4%　-$9.6M

  • Trim GH

    -88.0%　-$8.9M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#TickerIssuerAsset SubclassWeightWeight ChangeShares Change4Q Trend
1BWXTBwx Technologies INCStock-Industrials3.86%+0.58%+0.40%
2INSMInsmed INCStock-Healthcare2.15%—+1.18%
3KTOSKratos Defense & SecurityStock-Industrials1.99%—-0.28%
4GEVGE Vernova INCStock-Industrials1.92%+0.47%—
5RVMDRevolution Medicines INCStock-Healthcare1.83%—-17.80%
6EMBJEmbraer Sa-spon AdrStock-Industrials1.83%—-0.39%
7MODModine Manufacturing CoStock-Consumer Disc1.66%+0.98%+51.50%
8BBIOBridgebio Pharma INCStock-Healthcare1.60%—+5.00%
9NVDANvidia CORPStock-Tech1.49%—-2.87%
10STRLSterling Infrastructure INCStock-Industrials1.46%+1.46%NEW
11CCJCameco CORPStock-Energy1.36%——
12LINCLincoln Educational ServicesStock-Other1.35%+1.35%NEW
13XOMExxon Mobil CORPStock-Energy1.29%+0.37%—
14CENXCentury Aluminum CompanyStock-Materials1.24%+0.41%+0.50%
15CRSCarpenter TechnologyStock-Industrials1.19%—-0.08%
16NUVLNuvalent Inc-aStock-Other1.18%—-0.47%
17WTFCWintrust Financial CORPStock-Financials1.17%—-0.64%
18AVGOBroadcom INCStock-Tech1.17%-0.56%-23.79%
19PARRPar Pacific Holdings INCStock-Energy1.13%—-24.81%
20CALYCallaway Golf CompanyStock-Other1.13%+1.13%NEW
21FTAIFTAI Aviation Ltd.Stock-Industrials1.11%—+1.38%
22BEBloom Energy Corp- AStock-Industrials1.09%+0.38%-0.51%
23AMZNAmazon.com INCStock-Consumer Disc1.06%—+1.48%
24TFIITfi International INCStock-Other1.05%+0.40%+55.39%
25XENEXenon Pharmaceuticals INCStock-Other1.04%—+1.69%
26NEE 3 03-01-27Nextera Energy CapitalStock-Utilities1.03%—+20.60%
27SKTTanger INCStock-Real Estate1.00%—-9.29%
28TSMTaiwan Semiconductor-sp AdrStock-Tech1.00%—+9.00%
29AXSMAxsome Therapeutics INCStock-Healthcare0.99%—-11.02%
30MPWRMonolithic Power Systems INCStock-Tech0.95%—+0.98%
31LSCCLattice Semiconductor CORPStock-Tech0.94%—-7.10%
32AEISAdvanced Energy IndustriesStock-Industrials0.94%+0.94%NEW
33SPHRSphere Entertainment CoStock-Comm Services0.92%—-0.59%
34XPOXpo INCStock-Industrials0.89%——
35MIRMMirum Pharmaceuticals INCStock-Other0.88%-0.35%-38.47%
36RSIRush Street Interactive INCStock-Other0.85%—-6.47%
37BA 6 10-15-27Boeing Co/theStock-Industrials0.84%—+25.13%
38FNFabrinetStock-Tech0.82%—-21.16%
39APGEApogee Therapeutics INCStock-Other0.80%—+16.00%
40RKLBRocket Lab CORPStock-Industrials0.79%—-7.17%
41GSGoldman Sachs Group INCStock-Financials0.79%——
42MTSIMacom Technology Solutions HStock-Tech0.79%—-24.05%
43ROADConstruction Partners Inc-aStock-Industrials0.78%—+4.21%
44BBIO 1.75 03-01-31Bridgebio Pharma INCStock-Healthcare0.73%+0.73%NEW
45SNOW 0 10-01-29Snowflake INCStock-Tech0.73%—+23.88%
46ABVXAbivax Sa-adrStock-Other0.72%—+8.59%
47POWLPowell Industries INCStock-Industrials0.72%—+0.08%
48STX 3.5 06-01-28Seagate Hdd CaymanStock-Tech0.71%-0.48%-57.58%
49PLPlanet Labs PbcStock-Industrials0.68%—-19.70%
50SITMSitime CORPStock-Tech0.67%—+32.78%
1–50 of 205

Holding changes this quarter

Nicholas Investment Partners, LP's most significant position changes for 2026-03-31: New buy: Sterling Infrastructure INC (STRL); New buy: Lincoln Educational Services (LINC); Sold out: Piper Sandler Cos (62C); New buy: Callaway Golf Company (CALY); Sold out: Wingstop INC (WING).

Position changes disclosed by Nicholas Investment Partners, LP for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#TickerIssuerWeight ChangeShares ChangeAction
1MODModine Manufacturing Co+1%+51.50%Add
2BWXTBwx Technologies INC+0.6%+0.40%Add
3GEVGE Vernova INC+0.5%—Unchanged
4COPConocophillips+0.5%+212.50%Add
5CENXCentury Aluminum Company+0.4%+0.50%Add
6TFIITfi International INC+0.4%+55.39%Add
7BEBloom Energy Corp- A+0.4%-0.51%Trim
8XOMExxon Mobil CORP+0.4%—Unchanged
9ASNDAscendis Pharma A/S+0.3%+328.84%Add
10IWOIshares Russell 2000 Growth-0.4%-84.79%Trim
11MIRMMirum Pharmaceuticals INC-0.4%-38.47%Trim
12ARGXArgenx Se - Adr-0.4%-64.89%Trim
13430Terns Pharmaceuticals INC-0.4%-84.83%Trim
14SKYWSkywest INC-0.4%-45.37%Trim
15STX 3.5 06-01-28Seagate Hdd Cayman-0.5%-57.58%Trim
16MSFTMicrosoft CORP-0.6%-29.31%Trim
17AVGOBroadcom INC-0.6%-23.79%Trim
18WALWestern Alliance Bancorp-0.6%-84.20%Trim
19GHGuardant Health INC-0.7%-88.00%Trim
20HAPNHappen INC-0.7%-62.42%Trim
21SHOOSteven Madden LTD-0.8%-54.71%Trim
22MIRMirion Technologies INC-1%-92.32%Trim
23ANFAbercrombie & Fitch Co-cl A-1.1%-84.13%Trim
24STRLSterling Infrastructure INC—NEWNew buy
25LINCLincoln Educational Services—NEWNew buy
2662CPiper Sandler Cos—EXITSold out
27CALYCallaway Golf Company—NEWNew buy
28WINGWingstop INC—EXITSold out
29AEISAdvanced Energy Industries—NEWNew buy
30NCLHNorwegian Cruise Line Holdings Ltd.—EXITSold out
31BBIO 1.75 03-01-31Bridgebio Pharma INC—NEWNew buy
32APPFAppfolio INC - A—EXITSold out
33MTSI 0 12-15-29Macom Tech Solutions—NEWNew buy
34RGEN 1 12-15-28Repligen CORP—EXITSold out
35PIPRPiper Sandler Cos—NEWNew buy
36NXTNextpower Inc-cl A—NEWNew buy
37ELVNEnliven Therapeutics INC—NEWNew buy
38AGXArgan INC—NEWNew buy
39✓ Cyberark Software LTD—EXITSold out
40CHEFChefs' Warehouse Inc/the—NEWNew buy
41MPMp Materials CORP—NEWNew buy
42LEUCentrus Energy Corp-class A—EXITSold out
43FOUR 0.5 08-01-27Shift4 Payments INC—EXITSold out
44MWHSolv Energy Inc-cl A—NEWNew buy
45IDCCInterdigital INC—NEWNew buy
46RCUSArcus Biosciences INC—EXITSold out
47WWWWolverine World Wide INC—EXITSold out
48DALDelta Air Lines INC—NEWNew buy
49ALNY 1 09-15-27Alnylam Pharmaceuticals—EXITSold out
50CWKCushman & Wakefield Limited—EXITSold out

FAQ

What is Nicholas Investment Partners, LP and what type of investor is it?
Nicholas Investment Partners, LP is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $1.4B, spread across 205 disclosed positions.
What are Nicholas Investment Partners, LP's largest equity positions?
Based on the latest 13F filing, Nicholas Investment Partners, LP's top holdings by market value are: 1. Bwx Technologies INC (BWXT) — $53.5M (3.9%) 2. Insmed INC (INSM) — $29.8M (2.1%) 3. Kratos Defense & Security (KTOS) — $27.6M (2.0%) 4. GE Vernova INC (GEV) — $26.5M (1.9%) 5. Revolution Medicines INC (RVMD) — $25.4M (1.8%)
What changes did Nicholas Investment Partners, LP make in its most recent portfolio filing?
In the latest reported quarter, Nicholas Investment Partners, LP made 48 notable position adjustments: 15 new positions were initiated, 6 existing holdings were added to, 15 positions were partially reduced, and 12 were completely exited. The largest of these moves: New buy: Sterling Infrastructure INC (STRL); New buy: Lincoln Educational Services (LINC); Sold out: Piper Sandler Cos (62C); New buy: Callaway Golf Company (CALY); Sold out: Wingstop INC (WING)
What sectors does Nicholas Investment Partners, LP focus on?
Nicholas Investment Partners, LP is concentrated in the following sectors based on its current disclosed equity portfolio: • Industrials: 31.0% • Information Technology: 25.0% • Health Care: 11.8% • Consumer Discretionary: 8.3% • Energy: 8.2% • Financials: 6.1%