Nicholas Fund, Inc.

Nicholas Fund, Inc. · 1 share class

Actively managed U.S. equity fund
One fund, 1 share class:NICSX
$3.88B NAV
52 positions · as of 2026-04-30 · filed 2026-05-26

Fund classification

Classified from what the fund holds · as of 2026 Q2

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

Fund profile

As filed in the prospectus · 2026 Q1

The Fund strives to increase the value of your investment over the long-term (long-term growth).

Strategy · summarised

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.

Expenses
0.70%one share class
Share classExpense ratio
NICSX0.70%

Portfolio turnover 9.04% · as of 2026 Q1

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

100.04%
of net assets
Stocks97.52%
Cash & short-term2.52%

Sector allocation

The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2

100%
of net assets
Information Technology34.5%
Consumer Discretionary14.5%
Communication Services10.8%
Industrials10.0%
6 smaller30.1%

Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).

Portfolio growth profile

How much of the fund’s stock holdings are in fast-growing companies · as of 2026 Q2

Revenue growth
20%of stock holdings in top-quartile growers
covering 95% of the fund’s equity
Earnings growth
28%of stock holdings in top-quartile growers
covering 92% of the fund’s equity

Share of the fund’s equity (by value) in companies whose trailing five-year revenue — or net-income — growth ranks in the top 25% of U.S. public companies. Foreign and newly-listed holdings are excluded, so the figure covers only part of the book. From SEC filings — not investment advice. How we measure this.

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 1 new5 exited

New: ASTRAZENECA PLC

Exited: AstraZeneca PLC, CARR, TEAM, ADBE, TTD

Return profile

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

1-year
11 of 12 months
3-year
35 of 36 months
5-year
59 of 60 months
Volatility
Worst 3-yr fall
Month by month· May 2023 – Apr 2026

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.

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
ALPHABET INCGOOG7.04%$273.10M
AMAZON.COM INCAMZN5.94%$230.38M
NVIDIA CORPNVDA5.93%$230.03M
APPLE INCAAPL4.62%$179.07M
MICROSOFT CORPMSFT4.38%$169.67M
BROADCOM INCAVGO2.60%$100.97M
COSTCO WHOLESALE CORPCOST2.20%$85.37M
THERMO FISHER SCIENTIFIC INCTMO1.97%$76.26M
NETFLIX INCNFLX1.93%$74.89M
TJX COMPANIES INC (THE)TJX1.93%$74.84M
Showing 10 of 52Sign in to see more

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.

Top 10 positions are 38.54% of net assets, top 25 65.24%, across 52 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

Sign in free