Nicholas Investment Partners, LP

Q4 2025 13F-HR Holdings

Location
Rancho Santa Fe, CA
Holdings as of
12/31/2025
Date filed
2/13/2026
Form type
13F-HR
Num holdings
205
Total value ($000)
$1,372,801
Net value change ($000)
+64,952 (5.0%)
New positions
36
Sold out positions
40
Turnover %
24.3%
Sector allocation + QoQ delta (equities-only)
Prev filing: 11/14/2025 Next filing: — SEC filing

Snapshot: Change Analysis

Compared to Q3 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)
SHOO 17,575 NEW
ANF 16,388 NEW
RVMD 12,795 102.3%
CENX 11,400 NEW
AXSM 10,814 183.0%
WING 10,304 278.9%
ABVX 9,553 579.3%
LC 9,030 205.1%
APGE 8,524 NEW
BBIO 7,667 54.3%
Top Reduces (Value $000, Stocks/ETFs)
REVG -20,334 -87.2%
RSI -16,918 -60.0%
COOP -8,786 -100.0%
MC -8,495 -100.0%
KTOS -8,110 -21.4%
METC -8,075 -100.0%
ARES -7,451 -64.3%
CVLT -7,236 -100.0%
AXON -7,024 -100.0%
VRNS -6,168 -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