Nicollet Investment Management, Inc.

MINNEAPOLIS, MN · CIK 1729048 · 13F filing filed 2026-08-05

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

Others nearbyMinneapolis, MN

$323.9m reported value +10.9% vs Q1 2026

77positions

48.6%in top 10

3 new 50 added 13 reduced 2 sold out vs Q1 2026

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	AMAZON COM INC COM AMZN	AMZN	96,027	$22.9m7.07%	7.07%	Added +283	+283 0.3%
2	ALPHABET INC CAP STK CL C GOOG	GOOG	60,959	$21.5m6.65%	6.65%	Reduced -1.7k	-1,675 -2.7%
3	APPLE INC COM AAPL	AAPL	73,284	$21.2m6.55%	6.55%	Added +411	+411 0.6%
4	ALPHABET INC CAP STK CL A GOOGL	GOOGL	46,782	$16.7m5.16%	5.16%	Added +524	+524 1.1%
5	MICROSOFT CORP COM MSFT	MSFT	43,970	$16.4m5.06%	5.06%	Added +208	+208 0.5%
6	NVIDIA CORPORATION COM NVDA	NVDA	66,612	$13.3m4.12%	4.12%	Added +37	+37 0.1%
7	META PLATFORMS INC CL A META	META	21,814	$12.3m3.79%	3.79%	Reduced -22	-22 -0.1%
8	GRAINGER W W INC COM GWW	GWW	8,779	$11.9m3.69%	3.69%	Added +92	+92 1.1%
9	VISA INC COM CL A V	V	34,273	$11.8m3.63%	3.63%	Added +109	+109 0.3%
10	INVESCO EXCHANGE TRADED FD T S&P500 EQL WGT RSP	RSP	43,786	$9.3m2.88%	2.88%	Added +1.1k	+1,090 2.5%
11	SCHWAB STRATEGIC TR US LRG CAP ETF SCHX	SCHX	292,876	$8.6m2.66%	2.66%	Unchanged
12	ISHARES TR RUS TOP 200 ETF IWL	IWL	40,644	$7.5m2.32%	2.32%	Added +345	+345 0.9%
13	EQUINIX INC COM EQIX	EQIX	6,962	$7.3m2.24%	2.24%	Reduced -908	-908 -11.5%
14	3M CO COM MMM	MMM	38,130	$6.2m1.91%	1.91%	Added +228	+228 0.6%
15	SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP MDY	MDY	8,059	$5.7m1.75%	1.75%	Added +230	+230 2.9%
16	ECOLAB INC COM ECL	ECL	19,651	$5.5m1.69%	1.69%	Added +64	+64 0.3%
17	ORACLE CORP COM ORCL	ORCL	36,950	$5.4m1.67%	1.67%	Reduced -48	-48 -0.1%
18	PALO ALTO NETWORKS INC COM PANW	PANW	15,795	$5.4m1.66%	1.66%	Added +272	+272 1.8%
19	SCHLUMBERGER LTD COM STK SLB	SLB	114,372	$5.3m1.64%	1.64%	Added +169	+169 0.1%
20	UNION PAC CORP COM UNP	UNP	19,152	$5.2m1.61%	1.61%	Added +595	+595 3.2%
21	RESMED INC COM RMD	RMD	25,103	$4.9m1.51%	1.51%	Added +320	+320 1.3%
22	TJX COS INC NEW COM TJX	TJX	31,527	$4.8m1.47%	1.47%	Added +414	+414 1.3%
23	COCA COLA CO COM KO	KO	58,380	$4.7m1.47%	1.47%	Reduced -389	-389 -0.7%
24	GOLDMAN SACHS GROUP INC COM GS	GS	4,541	$4.6m1.42%	1.42%	Added +59	+59 1.3%
25	UBER TECHNOLOGIES INC COM UBER	UBER	63,410	$4.6m1.41%	1.41%	Reduced -4	-4 -0.0%
26	CHUBB LIMITED COM CB	CB	12,658	$4.3m1.33%	1.33%	Added +57	+57 0.5%
27	SCHWAB STRATEGIC TR US MID-CAP ETF SCHM	SCHM	115,548	$4.3m1.32%	1.32%	Reduced -874	-874 -0.8%
28	FASTENAL CO COM FAST	FAST	75,901	$3.6m1.13%	1.13%	Added +2.0k	+2,011 2.7%
29	UNITED THERAPEUTICS CORP DEL COM UTHR	UTHR	5,789	$3.1m0.97%	0.97%	Added +90	+90 1.6%
30	UNITEDHEALTH GROUP INC COM UNH	UNH	7,464	$3.1m0.96%	0.96%	Reduced -15	-15 -0.2%
31	VALMONT INDS INC COM VMI	VMI	5,072	$2.9m0.90%	0.90%	Added +97	+97 1.9%
32	EOG RES INC COM EOG	EOG	22,024	$2.9m0.88%	0.88%	Added +35	+35 0.2%
33	HOME DEPOT INC COM HD	HD	7,881	$2.8m0.86%	0.86%	Added +1	+1 0.0%
34	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	5,532	$2.8m0.86%	0.86%	Added +28	+28 0.5%
35	STARBUCKS CORP COM SBUX	SBUX	24,341	$2.5m0.77%	0.77%	Added +139	+139 0.6%
36	AKAMAI TECHNOLOGIES INC COM AKAM	AKAM	20,104	$2.4m0.73%	0.73%	Added +522	+522 2.7%
37	SYSCO CORP COM SYY	SYY	27,853	$2.3m0.72%	0.72%	Added +685	+685 2.5%
38	ALKERMES PLC SHS ALKS	ALKS	44,219	$2.3m0.72%	0.72%	Added +918	+918 2.1%
39	GENERAC HLDGS INC COM GNRC	GNRC	7,577	$2.2m0.69%	0.69%	Added +167	+167 2.2%
40	SALESFORCE INC COM CRM	CRM	13,703	$2.1m0.66%	0.66%	Reduced -306	-306 -2.2%
41	MODERNA INC COM MRNA	MRNA	29,756	$2.1m0.64%	0.64%	Added +634	+634 2.2%
42	SERVICENOW INC COM NOW	NOW	20,984	$2.1m0.64%	0.64%	Added +736	+736 3.6%
43	BOSTON SCIENTIFIC CORP COM BSX	BSX	48,069	$2.1m0.63%	0.63%	Added +214	+214 0.5%
44	L3HARRIS TECHNOLOGIES INC COM LHX	LHX	6,845	$2.0m0.61%	0.61%	Added +231	+231 3.5%
45	NOVO-NORDISK A S ADR NVO	NVO	38,896	$1.9m0.58%	0.58%	Reduced -309	-309 -0.8%
46	EXPEDITORS INTL WASH INC COM EXPD	EXPD	10,958	$1.8m0.55%	0.55%	Added +260	+260 2.4%
47	F5 INC COM FFIV	FFIV	4,241	$1.8m0.54%	0.54%	Added +88	+88 2.1%
48	IONIS PHARMACEUTICALS INC COM IONS	IONS	20,240	$1.6m0.50%	0.50%	Added +594	+594 3.0%
49	ACCENTURE PLC IRELAND SHS CLASS A ACN	ACN	12,553	$1.6m0.48%	0.48%	Added +86	+86 0.7%
50	SCHWAB STRATEGIC TR US SML CAP ETF SCHA	SCHA	42,558	$1.5m0.47%	0.47%	Unchanged
51	ULTA BEAUTY INC COM ULTA	ULTA	3,168	$1.4m0.44%	0.44%	Added +116	+116 3.8%
52	KNIGHT-SWIFT TRANSN HLDGS IN CL A KNX	KNX	17,606	$1.4m0.42%	0.42%	Added +380	+380 2.2%
53	PAYPAL HLDGS INC COM PYPL	PYPL	26,624	$1.1m0.36%	0.36%	Reduced -835	-835 -3.0%
54	RADIAN GROUP INC COM RDN	RDN	29,629	$1.1m0.34%	0.34%	Added +843	+843 2.9%
55	ISHARES TR CORE S&P500 ETF IVV	IVV	1,489	$1.1m0.34%	0.34%	Added +4	+4 0.3%
56	ALIGN TECHNOLOGY INC COM ALGN	ALGN	6,200	$1.0m0.32%	0.32%	Added +158	+158 2.6%
57	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	1,349	$1.0m0.31%	0.31%	Added +1	+1 0.1%
58	DEVON ENERGY CORP NEW COM DVN	DVN	24,043	$993.0k0.31%	0.31%	New
59	HF SINCLAIR CORP COM DINO	DINO	13,221	$921.0k0.28%	0.28%	Added +355	+355 2.8%
60	FISERV INC COM FISV	FISV	17,616	$864.0k0.27%	0.27%	Added +550	+550 3.2%
61	SCOTTS MIRACLE-GRO CO CL A SMG	SMG	12,152	$828.0k0.26%	0.26%	Added +386	+386 3.3%
62	FIDELITY NATL INFORMATION SV COM FIS	FIS	18,762	$729.0k0.23%	0.23%	Added +639	+639 3.5%
63	LYFT INC CL A COM LYFT	LYFT	49,502	$723.0k0.22%	0.22%	Added +2.6k	+2,570 5.5%
64	BROADCOM INC COM AVGO	AVGO	1,720	$650.0k0.20%	0.20%	Unchanged
65	SPDR GOLD TR GOLD SHS GLD	GLD	1,575	$580.0k0.18%	0.18%	Unchanged
66	XCEL ENERGY INC COM XEL	XEL	7,011	$563.0k0.17%	0.17%	Unchanged
67	SOLVENTUM CORP COM SHS SOLV	SOLV	7,016	$541.0k0.17%	0.17%	Reduced -161	-161 -2.2%
68	ISHARES TR RUSSELL 2000 ETF IWM	IWM	1,599	$480.0k0.15%	0.15%	Unchanged
69	SKYWORKS SOLUTIONS INC COM SWKS	SWKS	6,864	$465.0k0.14%	0.14%	Added +172	+172 2.6%
70	COSTCO WHSL CORP NEW COM COST	COST	403	$377.0k0.12%	0.12%	Unchanged
71	VANGUARD INDEX FDS TOTAL STK MKT VTI	VTI	881	$326.0k0.10%	0.10%	Unchanged
72	ISHARES TR S&P 500 GRWT ETF IVW	IVW	2,240	$308.0k0.10%	0.10%	Reduced -84	-84 -3.6%
73	WHEATON PRECIOUS METALS CORP COM WPM	WPM	2,685	$302.0k0.09%	0.09%	Unchanged
74	ISHARES TR CORE S&P SCP ETF IJR	IJR	1,885	$280.0k0.09%	0.09%	Unchanged
75	ELI LILLY & CO COM LLY	LLY	214	$257.0k0.08%	0.08%	New
76	MEDTRONIC PLC SHS MDT	MDT	2,986	$234.0k0.07%	0.07%	Unchanged
77	SPDR SERIES TRUST PORTFOLIO S&P500 SPYM	SPYM	2,300	$202.0k0.06%	0.06%	New

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
COTERRA ENERGY INC CTRA	CTRA	34,014	$1.2m34.0k shares
BERKSHIRE HATHAWAY INC DEL BRK.B	BRK.B	587	$281.0k587 shares