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Nicholas Investment Partners, LP

Q3 2025 · 13F-HR

Nicholas Investment Partners, LPholdings as filed

Filed 2025-11-14 · accession 0001389574-25-000002

$1.31B
Reported value
211
Positions
2025-09-30
Period end
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The Brief · Nicholas Investment Partners, LP · Q3 2025

AI · grounded in 13F

Nicholas Investment Partners, LP established a new position in BWX Technologies Inc BWXT valued at $47.8M. The fund also initiated new stakes in Kratos Defense & Security Solutions KTOS for $37.9M and Rush Street Interactive Inc RSI for $28.2M. These moves contributed to a portfolio of 211 positions with total assets under management of $1.3B.

Holdings as filed

CUSIPTickerIssuerValue% port.SharesClassVoting
05605H100BWXTBWX TECHNOLOGIES INC$47.8M3.66%259,529CommonSOLE
50077B207KTOSKRATOS DEFENSE & SEC SOLUTIO$37.9M2.90%414,462CommonSOLE
782011100RSIRUSH STREET INTERACTIVE INC$28.2M2.16%1,376,501CommonSOLE
457669307INSMINSMED INC$26.0M1.99%180,451CommonSOLE
29082A107EMBJEMBRAER S.A.$24.9M1.90%411,614CommonSOLE
7495271071RGREV GROUP INC$23.3M1.78%411,499CommonSOLE
67066G104NVDANVIDIA CORPORATION$22.7M1.74%121,843CommonSOLE
11135F101AVGOBROADCOM INC$22.7M1.73%68,761CommonSOLE
36828A101GEVGE VERNOVA INC$18.7M1.43%30,410CommonSOLE
594918104MSFTMICROSOFT CORP$17.9M1.36%34,466CommonSOLE
21044C107ROADCONSTRUCTION PARTNERS INC$15.9M1.22%125,417CommonSOLE
604749101MIRMMIRUM PHARMACEUTICALS INC$15.9M1.22%217,068CommonSOLE
72407810062CPIPER SANDLER COMPANIES$15.7M1.20%45,381CommonSOLE
875465106SKTTANGER INC$14.7M1.12%433,591CommonSOLE
97650W108WTFCWINTRUST FINL CORP$14.7M1.12%110,673CommonSOLE
13321L108CCJCAMECO CORP$14.5M1.11%173,449CommonSOLE
023135106AMZNAMAZON COM INC$14.1M1.08%64,274CommonSOLE
10806X102BBIOBRIDGEBIO PHARMA INC$14.1M1.08%271,630CommonSOLE
81180WBL4STX 3.5 06/01/28SEAGATE HDD CAYMAN$14.1M1.07%4,880,000CommonSOLE
097023204BA 6 10/15/27BOEING CO$13.7M1.04%196,575CommonSOLE
60471A101MIRMIRION TECHNOLOGIES INC$13.6M1.04%585,473CommonSOLE
830879102SKYWSKYWEST INC$13.0M1.00%129,492CommonSOLE
76155X100RVMDREVOLUTION MEDICINES INC$12.5M0.96%267,911CommonSOLE
957638109WALWESTERN ALLIANCE BANCORP$12.0M0.92%138,878CommonSOLE
90353TAM2UBER 0.875 12/01/28 2028UBER TECHNOLOGIES INC$12.0M0.92%8,190,000CommonSOLE
G66721104NCLHNORWEGIAN CRUISE LINE HLDG L$11.9M0.91%484,250CommonSOLE
30231G102XOMEXXON MOBIL CORP$11.9M0.91%105,500CommonSOLE
03990B101ARESARES MANAGEMENT CORPORATION$11.6M0.89%72,500CommonSOLE
69888T207PARRPAR PAC HOLDINGS INC$11.5M0.88%324,039CommonSOLE
671044105OSISOSI SYSTEMS INC$11.4M0.87%45,680CommonSOLE
060505104BACBANK AMERICA CORP$11.1M0.85%215,093CommonSOLE
144285103CRSCARPENTER TECHNOLOGY CORP$11.1M0.85%45,171CommonSOLE
609839105MPWRMONOLITHIC PWR SYS INC$11.0M0.84%11,912CommonSOLE
670703107NUVLNUVALENT INC$10.7M0.82%124,178CommonSOLE
04626A103ALABASTERA LABS INC$10.6M0.81%54,171CommonSOLE
833445AD1SNOW 0 10/01/29SNOWFLAKE INC$10.5M0.80%6,700,000CommonSOLE
518415104LSCCLATTICE SEMICONDUCTOR CORP$10.4M0.80%142,461CommonSOLE
38141G104GSGOLDMAN SACHS GROUP INC$10.4M0.79%13,000CommonSOLE
03783C100APPFAPPFOLIO INC$10.3M0.79%37,283CommonSOLE
099406100BOOTBOOT BARN HLDGS INC$9.9M0.75%59,556CommonSOLE
G3730V105FTAIFTAI AVIATION LTD$9.7M0.74%58,118CommonSOLE
01609WBG6BABA 0.5 06/01/31ALIBABA GROUP HLDG LTD$9.6M0.73%5,220,000CommonSOLE
G3323L100FNFABRINET$9.5M0.73%26,046CommonSOLE
607828100MODMODINE MFG CO$9.4M0.72%66,184CommonSOLE
15643U104LEUCENTRUS ENERGY CORP$9.4M0.72%30,266CommonSOLE
828806109SPGSIMON PPTY GROUP INC NEW$9.3M0.71%49,290CommonSOLE
G25457105CRDOCREDO TECHNOLOGY GROUP HOLDI$9.2M0.71%63,364CommonSOLE
093712107BEBLOOM ENERGY CORP$9.2M0.70%108,934CommonSOLE
874039100TSMTAIWAN SEMICONDUCTOR MFG LTD$9.2M0.70%32,914CommonSOLE
62482R10707WAMR COOPER GROUP INC$8.8M0.67%41,680CommonSOLE
127387108CDNSCADENCE DESIGN SYSTEM INC$8.7M0.67%24,894CommonSOLE
65339KCY4NEE 3 03/01/27NEXTERA ENERGY CAP HLDGS INC$8.7M0.66%7,345,000CommonSOLE
88160R101TSLATESLA INC$8.6M0.65%19,228CommonSOLE
60786M105MCMOELIS & CO$8.5M0.65%119,117CommonSOLE
773121108RKLBROCKET LAB CORP$8.4M0.64%176,014CommonSOLE
983793100XPOXPO INC$8.2M0.63%63,679CommonSOLE
04351PAD3ASND 2.25 04/01/28ASCENDIS PHARMA A/S$8.2M0.63%6,035,000CommonSOLE
75134P600METCRAMACO RES INC$8.1M0.62%243,295CommonSOLE
531229AQ5FWONK 2.25 08/15/27LIBERTY MEDIA CORP DEL$7.5M0.58%5,690,000CommonSOLE
204166102CVLTCOMMVAULT SYS INC$7.2M0.55%38,329CommonSOLE
604749AB7MIRM 4 05/01/29MIRUM PHARMACEUTICALS INC$7.2M0.55%3,000,000CommonSOLE
978097103WWWWOLVERINE WORLD WIDE INC$7.1M0.54%259,485CommonSOLE
05464C101AXONAXON ENTERPRISE INC$7.0M0.54%9,788CommonSOLE
M2682V108CYBRCYBERARK SOFTWARE LTD$6.4M0.49%13,329CommonSOLE
40131MAD1GH 1.25 02/15/31GUARDANT HEALTH INC$6.4M0.49%4,955,000CommonSOLE
46625H100JPMJPMORGAN CHASE & CO.$6.3M0.48%19,967CommonSOLE
L8681T102SPOTSPOTIFY TECHNOLOGY S A$6.3M0.48%9,004CommonSOLE
166764100CVXCHEVRON CORP NEW$6.2M0.47%40,000CommonSOLE
922280102VRNSVARONIS SYS INC$6.2M0.47%107,322CommonSOLE
04016X101ARGXARGENX SE$6.1M0.47%8,254CommonSOLE
G39108108GTESGATES INDL CORP PLC$6.0M0.46%242,353CommonSOLE
M7516K103NVMINOVA LTD$6.0M0.46%18,619CommonSOLE
811707801SBCFSEACOAST BKG CORP FLA$5.9M0.45%194,482CommonSOLE
05464T104AXSMAXSOME THERAPEUTICS INC$5.9M0.45%48,657CommonSOLE
184496107CLHCLEAN HARBORS INC$5.9M0.45%25,353CommonSOLE
254604101IRONDISC MEDICINE INC$5.8M0.44%88,003CommonSOLE
N5749R1002GHMERUS N V$5.8M0.44%61,558CommonSOLE
871607107SNPSSYNOPSYS INC$5.8M0.44%11,690CommonSOLE
872540109TJXTJX COS INC NEW$5.6M0.43%38,947CommonSOLE
02079K107GOOGALPHABET INC$5.6M0.43%23,070CommonSOLE
464287655IWMISHARES TR$5.5M0.42%22,884CommonSOLE
632307104NTRANATERA INC$5.5M0.42%34,376CommonSOLE
55405Y100MTSIMACOM TECH SOLUTIONS HLDGS I$5.5M0.42%44,380CommonSOLE
916896103UECURANIUM ENERGY CORP$5.4M0.41%405,357CommonSOLE
224408104CRCRANE COMPANY$5.4M0.41%29,180CommonSOLE
82452JAD1FOUR 0.5 08/01/27SHIFT4 PMTS INC$5.4M0.41%5,450,000CommonSOLE
893641100TDGTRANSDIGM GROUP INC$5.4M0.41%4,068CommonSOLE
739128106POWLPOWELL INDS INC$5.3M0.41%17,466CommonSOLE
18915MAC1NET 0 08/15/26CLOUDFLARE INC$5.3M0.40%4,225,000CommonSOLE
40131M109GHGUARDANT HEALTH INC$5.2M0.40%83,906CommonSOLE
02043QAB3ALNY 1 09/15/27ALNYLAM PHARMACEUTICALS INC$5.2M0.40%3,165,000CommonSOLE
G65163100JOBYJOBY AVIATION INC$5.2M0.40%322,082CommonSOLE
72703X106PLPLANET LABS PBC$5.2M0.40%399,133CommonSOLE
N62509109NAMSNEWAMSTERDAM PHARMA COMPANY$5.0M0.39%177,538CommonSOLE
55826T102SPHRSPHERE ENTERTAINMENT CO$5.0M0.39%81,260CommonSOLE
M98068105WIXWIX COM LTD$4.9M0.38%27,783CommonSOLE
34354P105FLSFLOWSERVE CORP$4.9M0.38%92,602CommonSOLE
361448103GATXGATX CORP$4.9M0.37%27,980CommonSOLE
538034BA6LYV 3.125 01/15/29LIVE NATION ENTERTAINMENT IN$4.8M0.37%3,000,000CommonSOLE
03940C100ACLXGBXARCELLX INC$4.8M0.37%58,894CommonSOLE
969457100WMBWILLIAMS COS INC$4.8M0.37%76,200CommonSOLE
038169207APLDAPPLIED DIGITAL CORP$4.8M0.37%208,919CommonSOLE
98420N105XENEXENON PHARMACEUTICALS INC$4.8M0.37%119,098CommonSOLE
46120E602ISRGINTUITIVE SURGICAL INC$4.7M0.36%10,604CommonSOLE
040413205ANETARISTA NETWORKS INC$4.6M0.36%31,886CommonSOLE
415858109HROWHARROW INC$4.6M0.35%95,834CommonSOLE
833445109SNOWSNOWFLAKE INC$4.5M0.34%19,919CommonSOLE
22788C105CRWDCROWDSTRIKE HLDGS INC$4.5M0.34%9,157CommonSOLE
165167735EXEEXPAND ENERGY CORPORATION$4.5M0.34%42,243CommonSOLE
52603A208LCLENDINGCLUB CORP$4.4M0.34%289,789CommonSOLE
18915M107NETCLOUDFLARE INC$4.4M0.34%20,472CommonSOLE
98956A105ZETAZETA GLOBAL HOLDINGS CORP$4.3M0.33%216,282CommonSOLE
482480100KLACKLA CORP$4.3M0.33%3,974CommonSOLE
902681AB1UGI 5 06/01/28UGI CORP NEW$4.2M0.32%3,250,000CommonSOLE
958102AT2WDC 3 11/15/28WESTERN DIGITAL CORP$4.1M0.31%1,275,000CommonSOLE
172967424CCITIGROUP INC$4.1M0.31%40,000CommonSOLE
16411R208LNGCHENIERE ENERGY INC$4.1M0.31%17,258CommonSOLE
122017AD8BURL 1.25 12/15/27BURLINGTON STORES INC$4.0M0.31%3,000,000CommonSOLE
03040WBE4AWK 3.625 06/15/26AMERICAN WTR CAP CORP$4.0M0.31%4,000,000CommonSOLE
559663109MGYMAGNOLIA OIL & GAS CORP$4.0M0.30%165,899CommonSOLE
26142RAB0DKNG 0 03/15/28DRAFTKINGS INC NEW$3.8M0.29%4,285,000CommonSOLE
249906108DSGXDESCARTES SYS GROUP INC$3.8M0.29%40,467CommonSOLE
163072101CAKECHEESECAKE FACTORY INC$3.8M0.29%69,174CommonSOLE
G76279101ROIVROIVANT SCIENCES LTD$3.7M0.28%245,621CommonSOLE
974155103WINGWINGSTOP INC$3.7M0.28%14,679CommonSOLE
98980G102ZSZSCALER INC$3.6M0.28%12,091CommonSOLE
682189AS4ON 0 05/01/27ON SEMICONDUCTOR CORP$3.5M0.27%3,100,000CommonSOLE
16115Q407GTLS 6.75 12/15/25 BCHART INDS INC$3.5M0.27%49,000CommonSOLE
21874A106CORZCORE SCIENTIFIC INC NEW$3.5M0.27%194,319CommonSOLE
02156V109OKLOOKLO INC$3.5M0.26%31,044CommonSOLE
23282W605CYTKCYTOKINETICS INC$3.4M0.26%62,117CommonSOLE
008073AA6AVAV 0 07/15/30AEROVIRONMENT INC$3.4M0.26%2,750,000CommonSOLE
852234AJ2XYZ 0 05/01/26BLOCK INC$3.4M0.26%3,500,000CommonSOLE
090043100BILLBILL HOLDINGS INC$3.4M0.26%63,811CommonSOLE
231561101CWCURTISS WRIGHT CORP$3.4M0.26%6,194CommonSOLE
40416E103HCIHCI GROUP INC$3.4M0.26%17,520CommonSOLE
69753M105PLMRPALOMAR HLDGS INC$3.3M0.25%28,501CommonSOLE
671044AF2OSIS 2.25 08/01/29OSI SYSTEMS INC$3.3M0.25%2,250,000CommonSOLE
77311W101RKTROCKET COS INC$3.2M0.25%166,292CommonSOLE
037833100AAPLAPPLE INC$3.1M0.24%12,364CommonSOLE
58733R102MELIMERCADOLIBRE INC$3.1M0.24%1,324CommonSOLE
H5919C104ONONON HLDG AG$3.0M0.23%71,393CommonSOLE
56585A102MPCMARATHON PETE CORP$3.0M0.23%15,644CommonSOLE
595017302MCHP 7.5 03/15/28MICROCHIP TECHNOLOGY INC.$3.0M0.23%50,860CommonSOLE
501575104KYMRKYMERA THERAPEUTICS INC$3.0M0.23%52,625CommonSOLE
00973Y108AKROAKERO THERAPEUTICS INC$2.9M0.22%61,612CommonSOLE
185123106CWANCLEARWATER ANALYTICS HLDGS I$2.9M0.22%160,669CommonSOLE
49845K101KVYOKLAVIYO INC$2.9M0.22%103,619CommonSOLE
147448104CWSTCASELLA WASTE SYS INC$2.9M0.22%30,065CommonSOLE
82452J109FOURSHIFT4 PMTS INC$2.9M0.22%36,823CommonSOLE
636180101NFGNATIONAL FUEL GAS CO$2.8M0.22%30,464CommonSOLE
87241L109TFIITFI INTL INC$2.7M0.21%30,828CommonSOLE
68622P109ORICORIC PHARMACEUTICALS INC$2.6M0.20%220,735CommonSOLE
10316TAD6BOX 1.5 09/15/29BOX INC$2.5M0.19%2,500,000CommonSOLE
127190304CACICACI INTL INC$2.5M0.19%4,979CommonSOLE
98419M100XYLXYLEM INC$2.3M0.18%15,600CommonSOLE
465741AQ9ITRI 1.375 07/15/30ITRON INC$2.3M0.18%2,000,000CommonSOLE
403949100DINOHF SINCLAIR CORP$2.2M0.17%42,150CommonSOLE
035710839NLYANNALY CAPITAL MANAGEMENT IN$2.2M0.17%106,805CommonSOLE
92537N108VRTVERTIV HOLDINGS CO$2.1M0.16%13,795CommonSOLE
86384P109STUBSTUBHUB HLDGS INC$2.0M0.15%118,129CommonSOLE
N14506104ESTCELASTIC N V$2.0M0.15%23,088CommonSOLE
20825C104COPCONOCOPHILLIPS$1.9M0.14%20,000CommonSOLE
697435105PANWPALO ALTO NETWORKS INC$1.8M0.14%8,845CommonSOLE
750917106RMBSRAMBUS INC DEL$1.7M0.13%16,630CommonSOLE
45258DAB1IMCR 2.5 02/01/30IMMUNOCORE HLDGS PLC$1.7M0.13%1,900,000CommonSOLE
000899104ADMAADMA BIOLOGICS INC$1.7M0.13%116,259CommonSOLE
00370M103ABVXABIVAX SA$1.6M0.13%19,428CommonSOLE
G8068L108SNSHARKNINJA INC$1.5M0.12%14,888CommonSOLE
N07059210ASMLASML HOLDING N V$1.5M0.11%1,531CommonSOLE
68389X105ORCLORACLE CORP$1.4M0.11%5,100CommonSOLE
82509L107SHOPSHOPIFY INC$1.4M0.11%9,569CommonSOLE
G0260P102ASAMER SPORTS INC$1.4M0.11%40,799CommonSOLE
29977A105EVREVERCORE INC$1.4M0.11%4,108CommonSOLE
512807306LRCXLAM RESEARCH CORP$1.4M0.10%10,104CommonSOLE
90353T100UBERUBER TECHNOLOGIES INC$1.3M0.10%12,841CommonSOLE
82846H504QXO 5.5 05/15/28QXO INC$1.2M0.09%22,000CommonSOLE
60646V105MCWMISTER CAR WASH INC$1.1M0.09%213,303CommonSOLE
876030107TPRTAPESTRY INC$1.1M0.08%9,702CommonSOLE
64110L106NFLXNETFLIX INC$1.0M0.08%847CommonSOLE
31946M103FCNCAFIRST CTZNS BANCSHARES INC D$1.0M0.08%567CommonSOLE
538034109LYVLIVE NATION ENTERTAINMENT IN$991,8380.08%6,070CommonSOLE
06738E204BCSBARCLAYS PLC$935,9170.07%45,279CommonSOLE
751212101RLRALPH LAUREN CORP$925,3160.07%2,951CommonSOLE
461202103INTUINTUIT$897,3440.07%1,314CommonSOLE
04351P101ASNDUSDASCENDIS PHARMA A/S$856,8710.07%4,310CommonSOLE
29259W700EUENCORE ENERGY CORP$843,9600.06%262,916CommonSOLE
57636Q104MAMASTERCARD INCORPORATED$809,9850.06%1,424CommonSOLE
25809K105DASHDOORDASH INC$802,3710.06%2,950CommonSOLE
92826C839VVISA INC$800,8770.06%2,346CommonSOLE
679580100ODFLOLD DOMINION FREIGHT LINE IN$699,6770.05%4,970CommonSOLE
983134107WYNNWYNN RESORTS LTD$669,9540.05%5,223CommonSOLE
594972408MSTRSTRATEGY INC$643,4530.05%1,997CommonSOLE
882681109TXRHTEXAS ROADHOUSE INC$638,5140.05%3,843CommonSOLE
535219109LINDLINDBLAD EXPEDITIONS HLDGS I$622,5280.05%48,635CommonSOLE
237194105DRIDARDEN RESTAURANTS INC$604,9640.05%3,178CommonSOLE
78709Y105SAIASAIA INC$596,9240.05%1,994CommonSOLE
45784P101PODDINSULET CORP$574,8550.04%1,862CommonSOLE
81762P102NOWSERVICENOW INC$573,3340.04%623CommonSOLE
122017106BURLBURLINGTON STORES INC$519,6890.04%2,042CommonSOLE
12541W209CHRWC H ROBINSON WORLDWIDE INC$479,1560.04%3,619CommonSOLE
15118V207CELHCELSIUS HLDGS INC$446,1220.03%7,760CommonSOLE
23804L103DDOGDATADOG INC$431,1870.03%3,028CommonSOLE
86800U302SMCISUPER MICRO COMPUTER INC$354,1330.03%7,387CommonSOLE
91307C102UTHRUNITED THERAPEUTICS CORP DEL$329,9180.03%787CommonSOLE
26142V105DKNGDRAFTKINGS INC NEW$325,3430.02%8,699CommonSOLE
099502106BAHBOOZ ALLEN HAMILTON HLDG COR$287,1560.02%2,873CommonSOLE
00827B106AFRMAFFIRM HLDGS INC$272,3690.02%3,727CommonSOLE
573874104MRVLMARVELL TECHNOLOGY INC$254,9000.02%3,032CommonSOLE
53947R105LOARLOAR HOLDINGS INC$232,6400.02%2,908CommonSOLE
665531AJ8NOG 3.625 04/15/29NORTHERN OIL & GAS INC$200,3000.02%200,000CommonSOLE

Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.