Nicholas Fund, Inc.
Actively managed U.S. stock fund
As of its 2026 Q2 report, Nicholas Fund, Inc. held 52 positions with $3.88B in net assets. Its ten largest holdings made up 38.5% of the fund. The NICSX share class costs 0.7% a year. In 2026 Q3 it added 2 new positions and exited 1.
The Fund strives to increase the value of your investment over the long-term (long-term growth).
The fund invests in common stocks of U.S. companies across the size spectrum—small, medium, and large—that the manager believes offer superior growth potential in sales and earnings. The fund screens for established companies in diversified industries rather than tracking an index. Because returns depend on the manager's stock selections, the fund's performance may diverge materially from that of any benchmark.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
GOOGALPHABET INC | 7.04% | $273.10M | 715.0K | $381.94 |
AMZNAMAZON.COM INC | 5.94% | $230.38M | 869.2K | $265.06 |
NVDANVIDIA CORP | 5.93% | $230.03M | 1.2M | $199.57 |
AAPLAPPLE INC | 4.62% | $179.07M | 659.9K | $271.35 |
MSFTMICROSOFT CORP | 4.38% | $169.67M | 416.1K | $407.78 |
AVGOBROADCOM INC | 2.60% | $100.97M | 241.9K | $417.43 |
2.20% | $85.37M | 84.2K | $1,014.53 | |
1.97% | $76.26M | 159.2K | $478.96 | |
NFLXNETFLIX INC | 1.93% | $74.89M | 800.0K | $93.61 |
1.93% | $74.84M | 477.4K | $156.75 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.
All 52 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 97.52% |
| Cash & short-term | 2.52% |
By sector
- Information Technology
- 36.0%
- Consumer Discretionary
- 14.0%
- Industrials
- 10.4%
- Financials
- 10.4%
- 7 other sectors
- 29.3%
- Information Technology
- 36.0%
- Consumer Discretionary
- 14.0%
- Industrials
- 10.4%
- Financials
- 10.4%
- Communication Services
- 8.8%
- Health Care
- 7.2%
- Consumer Staples
- 3.5%
- Materials
- 3.0%
- Cash
- 2.9%
- International
- 2.7%
- Government
- 1.1%
How it has done
NICSX share class · total returns with dividends reinvested
Down months are grey, not red — they are part of any record. Past returns are a record, not a forecast.
One month is blank because the fund did not report it — not because it was flat. A cumulative figure is not shown for this class: compounding across an unreported month would treat it as flat and invent a return.
Jun 2026 and Jul 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Fees & fund details
Nicholas Fund, Inc. is an actively managed U.S. equity fund. 20% of NICSX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 95% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
- Expense ratio, by class
- 0.70%· NICSX 0.70%
- Portfolio turnover
- 9.04% a year · as of 2026 Q1
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
2 new
1 exited
Understand how this fund fits with the rest.
Explore shared holdings, compare funds and follow their businesses with your connected AI:
- “Where do my funds overlap — NICSX, QQQ and the fund in my 401(k)?”
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