Nicholas Investment Partners, LP

Q3 2025 13F-HR Holdings

Location
Rancho Santa Fe, CA
Holdings as of
9/30/2025
Date filed
11/14/2025
Form type
13F-HR
Num holdings
211
Total value ($000)
$1,307,849
Net value change ($000)
+185,008 (16.5%)
New positions
31
Sold out positions
33
Turnover %
22.8%
Sector allocation + QoQ delta (equities-only)
Prev filing: 8/14/2025 Next filing: 2/13/2026 SEC filing

Snapshot: Change Analysis

Compared to Q2 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
KTOS 18,893 99.6%
ROAD 15,928 NEW
BWXT 9,599 25.1%
MOD 9,409 NEW
BE 9,213 NEW
PIPR 8,995 133.2%
RVMD 8,349 200.6%
RSI 7,592 36.9%
TSLA 7,258 561.3%
BBIO 7,221 104.8%
Top Reduces (Value $000, Stocks/ETFs)
VRNA -18,807 -100.0%
ADMA -11,376 -87.0%
VHT -9,449 -100.0%
SFM -9,207 -100.0%
Aris Water Solutions, Inc. -8,805 -100.0%
CWST -7,624 -72.8%
EXLS -7,543 -100.0%
ACVA -6,715 -100.0%
DSGX -6,340 -62.4%
FRPT -5,968 -100.0%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type