# EDGAR Filing Document

**Accession Number:** 0000809802
**File Stem:** 0001145549-25-058176
**Filing Date:** 2025-9
**Character Count:** 38833
**Document Hash:** f51c42b42b1bfea4bf8c53fc96d6bd8b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-25-058176.hdr.sgml**: 20250910

**ACCESSION NUMBER**: 0001145549-25-058176

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250731

**FILED AS OF DATE**: 20250910

**DATE AS OF CHANGE**: 20250910

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NICHOLAS Ltd EDITION, INC.
- **CENTRAL INDEX KEY:** 0000809802

**ORGANIZATION NAME:**
- **EIN:** 391573112
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1031
- **LEGAL ENTITY IDENTIFIER:** 5493003XHTS2TIGE5W22

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04993
- **FILM NUMBER:** 251305621

**BUSINESS ADDRESS:**
- **STREET 1:** 411 E. WISCONSIN AVE.
- **STREET 2:** SUITE 2100
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202
- **BUSINESS PHONE:** 414-272-4650

**MAIL ADDRESS:**
- **STREET 1:** 411 E. WISCONSIN AVE.
- **STREET 2:** SUITE 2100
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NICHOLAS LTD EDITION INC
- **DATE OF NAME CHANGE:** 20051207

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NICHOLAS LIMITED EDITION INC
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### NICHOLAS LTD EDITION INC (Series ID: S000009136)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000024849 | CLASS I      | NCLEX           |
| C000024850 | CLASS N      | NNLEX           |

## Nport-Ex

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp; NICHOLAS LIMITED EDITION, INC. |  |
|  | &nbsp;&nbsp; SCHEDULE OF INVESTMENTS (UNAUDITED) |  |
|  | &nbsp;&nbsp; AS OF JULY 31, 2025 |  |
| &nbsp;&nbsp; **SHARES OR<br> PRINCIPAL<br> AMOUNT** |  |  |
| &nbsp;&nbsp; **SHARES OR<br> PRINCIPAL<br> AMOUNT** |  |  |
| &nbsp;&nbsp; **SHARES OR<br> PRINCIPAL<br> AMOUNT** |  | &nbsp;&nbsp; **VALUE** |
| &nbsp;&nbsp; **COMMON STOCKS -- 97.09%** | &nbsp;&nbsp; **COMMON STOCKS -- 97.09%** |  |
|  | &nbsp;&nbsp; **Consumer Discretionary - Automobiles & Components -- 3.50%** |  |
| &nbsp;&nbsp; 83677 | &nbsp;&nbsp; Dorman Products, Inc.\* | &nbsp;&nbsp; $&nbsp;&nbsp;&nbsp;&nbsp; 10093120 |
| &nbsp;&nbsp; 39705 | &nbsp;&nbsp; Modine Manufacturing Company\* | &nbsp;&nbsp; 5342705 |
|  |  | &nbsp;&nbsp; 15435825 |
|  | &nbsp;&nbsp; **Consumer Discretionary - Consumer Discretionary Distribution & Retail -- 2.55%** |  |
| &nbsp;&nbsp; 8035 | &nbsp;&nbsp; Murphy USA, Inc. | &nbsp;&nbsp; 2912527 |
| &nbsp;&nbsp; 60880 | &nbsp;&nbsp; Ollie's Bargain Outlet Holdings Inc\* | &nbsp;&nbsp; 8318034 |
|  |  | &nbsp;&nbsp; 11230561 |
|  | &nbsp;&nbsp; **Consumer Discretionary - Consumer Durables & Apparel -- 1.60%** |  |
| &nbsp;&nbsp; 196866 | &nbsp;&nbsp; La-Z-Boy Incorporated | &nbsp;&nbsp; 7081270 |
|  | &nbsp;&nbsp; **Consumer Discretionary - Consumer Services -- 3.24%** |  |
| &nbsp;&nbsp; 131500 | &nbsp;&nbsp; Carriage Services Inc. | &nbsp;&nbsp; 5906980 |
| &nbsp;&nbsp; 22256 | &nbsp;&nbsp; Wingstop Inc. | &nbsp;&nbsp; 8398079 |
|  |  | &nbsp;&nbsp; 14305059 |
|  | &nbsp;&nbsp; **Consumer Staples - Food, Beverage & Tobacco -- 2.77%** |  |
| &nbsp;&nbsp; 45355 | &nbsp;&nbsp; J & J Snack Foods Corp. | &nbsp;&nbsp; 5120126 |
| &nbsp;&nbsp; 421967 | &nbsp;&nbsp; Nomad Foods Ltd. | &nbsp;&nbsp; 7105924 |
|  |  | &nbsp;&nbsp; 12226050 |
|  | &nbsp;&nbsp; **Financials - Financial Services -- 8.49%** |  |
| &nbsp;&nbsp; 124635 | &nbsp;&nbsp; Cohen & Steers, Inc. | &nbsp;&nbsp; 9168151 |
| &nbsp;&nbsp; 213210 | &nbsp;&nbsp; EVERTEC, Inc. | &nbsp;&nbsp; 7707541 |
| &nbsp;&nbsp; 25975 | &nbsp;&nbsp; Morningstar, Inc. | &nbsp;&nbsp; 7181048 |
| &nbsp;&nbsp; 772951 | &nbsp;&nbsp; Repay Holdings Corp. Class A\* | &nbsp;&nbsp; 3802919 |
| &nbsp;&nbsp; 93214 | &nbsp;&nbsp; Shift4 Payments, Inc. Class A\* | &nbsp;&nbsp; 9601042 |
|  |  | &nbsp;&nbsp; 37460701 |
|  | &nbsp;&nbsp; **Financials - Insurance -- 1.52%** |  |
| &nbsp;&nbsp; 182595 | &nbsp;&nbsp; Baldwin Insurance Group, Inc. Class A\* | &nbsp;&nbsp; 6726800 |
|  | &nbsp;&nbsp; **Health Care - Health Care Equipment & Services -- 12.07%** |  |
| &nbsp;&nbsp; 20802 | &nbsp;&nbsp; Amedisys, Inc.\* | &nbsp;&nbsp; 2051077 |
| &nbsp;&nbsp; 190080 | &nbsp;&nbsp; AtriCure, Inc.\* | &nbsp;&nbsp; 6671808 |
| &nbsp;&nbsp; 551683 | &nbsp;&nbsp; Certara, Inc.\* | &nbsp;&nbsp; 5428561 |
| &nbsp;&nbsp; 83653 | &nbsp;&nbsp; Encompass Health Corporation | &nbsp;&nbsp; 9211032 |
| &nbsp;&nbsp; 128303 | &nbsp;&nbsp; Globus Medical Inc Class A\* | &nbsp;&nbsp; 6752587 |
| &nbsp;&nbsp; 102828 | &nbsp;&nbsp; Omnicell, Inc.\* | &nbsp;&nbsp; 3188696 |
| &nbsp;&nbsp; 247880 | &nbsp;&nbsp; Option Care Health Inc\* | &nbsp;&nbsp; 7275278 |
| &nbsp;&nbsp; 209384 | &nbsp;&nbsp; Phreesia, Inc.\* | &nbsp;&nbsp; 5644993 |
| &nbsp;&nbsp; 181576 | &nbsp;&nbsp; Simulations Plus, Inc. | &nbsp;&nbsp; 2364120 |
| &nbsp;&nbsp; 20536 | &nbsp;&nbsp; UFP Technologies, Inc.\* | &nbsp;&nbsp; 4649145 |
|  |  | &nbsp;&nbsp; 53237297 |
|  | &nbsp;&nbsp; **Health Care - Pharmaceuticals, Biotechnology & Life Sciences -- 3.75%** |  |
| &nbsp;&nbsp; 149595 | &nbsp;&nbsp; Prestige Consumer Healthcare Inc\* | &nbsp;&nbsp; 11062550 |
| &nbsp;&nbsp; 221064 | &nbsp;&nbsp; Stevanato Group SpA | &nbsp;&nbsp; 5462491 |
|  |  | &nbsp;&nbsp; 16525041 |
|  | &nbsp;&nbsp; **Industrials - Capital Goods -- 7.22%** |  |
| &nbsp;&nbsp; 95911 | &nbsp;&nbsp; A. O. Smith Corporation | &nbsp;&nbsp; 6789540 |
| &nbsp;&nbsp; 5840 | &nbsp;&nbsp; Comfort Systems USA, Inc. | &nbsp;&nbsp; 4107272 |
| &nbsp;&nbsp; 56981 | &nbsp;&nbsp; Construction Partners, Inc. Class A\* | &nbsp;&nbsp; 5746534 |
| &nbsp;&nbsp; 70945 | &nbsp;&nbsp; Donaldson Company, Inc. | &nbsp;&nbsp; 5105912 |
| &nbsp;&nbsp; 47439 | &nbsp;&nbsp; SiteOne Landscape Supply, Inc.\* | &nbsp;&nbsp; 6538517 |
| &nbsp;&nbsp; 19545 | &nbsp;&nbsp; SPX Technologies, Inc.\* | &nbsp;&nbsp; 3564813 |
|  |  | &nbsp;&nbsp; 31852588 |
|  | &nbsp;&nbsp; **Industrials - Commercial & Professional Services -- 16.44%** |  |
| &nbsp;&nbsp; 55323 | &nbsp;&nbsp; Casella Waste Systems, Inc.\* | &nbsp;&nbsp; 6015270 |
| &nbsp;&nbsp; 225856 | &nbsp;&nbsp; ExlService Holdings, Inc.\* | &nbsp;&nbsp; 9808926 |
| &nbsp;&nbsp; 88310 | &nbsp;&nbsp; Exponent, Inc. | &nbsp;&nbsp; 6089858 |
| &nbsp;&nbsp; 83175 | &nbsp;&nbsp; ICF International, Inc. | &nbsp;&nbsp; 6977551 |
| &nbsp;&nbsp; 398140 | &nbsp;&nbsp; OPENLANE, Inc.\* | &nbsp;&nbsp; 9810170 |
| &nbsp;&nbsp; 42923 | &nbsp;&nbsp; Paylocity Holding Corp.\* | &nbsp;&nbsp; 7935604 |
| &nbsp;&nbsp; 71896 | &nbsp;&nbsp; RB Global, Inc. | &nbsp;&nbsp; 7783461 |
| &nbsp;&nbsp; 211365 | &nbsp;&nbsp; Tetra Tech, Inc. | &nbsp;&nbsp; 7765550 |
| &nbsp;&nbsp; 138570 | &nbsp;&nbsp; WNS (Holdings) Limited Sponsored ADR\* | &nbsp;&nbsp; 10363650 |
|  |  | &nbsp;&nbsp; 72550040 |
|  | &nbsp;&nbsp; **Industrials - Transportation -- 2.34%** |  |
| &nbsp;&nbsp; 129965 | &nbsp;&nbsp; Knight-Swift Transportation Holdings Inc. Class A | &nbsp;&nbsp; 5523513 |
| &nbsp;&nbsp; 393631 | &nbsp;&nbsp; Marten Transport, Ltd. | &nbsp;&nbsp; 4786553 |
|  |  | &nbsp;&nbsp; 10310066 |
|  | &nbsp;&nbsp; **Information Technology - Semiconductors & Semiconductor Equipment -- 3.38%** |  |
| &nbsp;&nbsp; 116535 | &nbsp;&nbsp; Lattice Semiconductor Corporation\* | &nbsp;&nbsp; 5806939 |
| &nbsp;&nbsp; 45216 | &nbsp;&nbsp; Onto Innovation, Inc.\* | &nbsp;&nbsp; 4284216 |
| &nbsp;&nbsp; 99460 | &nbsp;&nbsp; Power Integrations, Inc. | &nbsp;&nbsp; 4825799 |
|  |  | &nbsp;&nbsp; 14916954 |
|  | &nbsp;&nbsp; **Information Technology - Software & Services -- 22.92%** |  |
| &nbsp;&nbsp; 242265 | &nbsp;&nbsp; Alkami Technology, Inc.\* | &nbsp;&nbsp; 5400087 |
| &nbsp;&nbsp; 139960 | &nbsp;&nbsp; BlackLine, Inc.\* | &nbsp;&nbsp; 7527049 |
| &nbsp;&nbsp; 13862 | &nbsp;&nbsp; CyberArk Software Ltd.\* | &nbsp;&nbsp; 5703797 |
| &nbsp;&nbsp; 100050 | &nbsp;&nbsp; Descartes Systems Group Inc.\* | &nbsp;&nbsp; 10581288 |
| &nbsp;&nbsp; 151160 | &nbsp;&nbsp; Five9, Inc.\* | &nbsp;&nbsp; 3904463 |
| &nbsp;&nbsp; 379226 | &nbsp;&nbsp; Grid Dynamics Holdings, Inc. Class A\* | &nbsp;&nbsp; 3598855 |
| &nbsp;&nbsp; 340480 | &nbsp;&nbsp; i3 Verticals, Inc.\* | &nbsp;&nbsp; 9526630 |
| &nbsp;&nbsp; 114683 | &nbsp;&nbsp; Intapp, Inc.\* | &nbsp;&nbsp; 4593054 |
| &nbsp;&nbsp; 251297 | &nbsp;&nbsp; nCino Inc\* | &nbsp;&nbsp; 7017469 |
| &nbsp;&nbsp; 134991 | &nbsp;&nbsp; Q2 Holdings, Inc.\* | &nbsp;&nbsp; 10961269 |
| &nbsp;&nbsp; 46906 | &nbsp;&nbsp; Qualys, Inc.\* | &nbsp;&nbsp; 6241781 |
| &nbsp;&nbsp; 58134 | &nbsp;&nbsp; SPS Commerce, Inc.\* | &nbsp;&nbsp; 6328758 |
| &nbsp;&nbsp; 183893 | &nbsp;&nbsp; Tenable Holdings, Inc.\* | &nbsp;&nbsp; 5757690 |
| &nbsp;&nbsp; 159645 | &nbsp;&nbsp; Varonis Systems, Inc.\* | &nbsp;&nbsp; 8912980 |
| &nbsp;&nbsp; 79815 | &nbsp;&nbsp; Workiva Inc. Class A\* | &nbsp;&nbsp; 5094591 |
|  |  | &nbsp;&nbsp; 101149761 |
|  | &nbsp;&nbsp; **Information Technology - Technology Hardware & Equipment -- 2.41%** |  |
| &nbsp;&nbsp; 88558 | &nbsp;&nbsp; ePlus inc.\* | &nbsp;&nbsp; 5736787 |
| &nbsp;&nbsp; 39970 | &nbsp;&nbsp; Novanta Inc\* | &nbsp;&nbsp; 4917109 |
|  |  | &nbsp;&nbsp; 10653896 |
|  | &nbsp;&nbsp; **Materials - Materials -- 2.12%** |  |
| &nbsp;&nbsp; 59500 | &nbsp;&nbsp; AptarGroup, Inc. | &nbsp;&nbsp; 9349830 |
|  | &nbsp;&nbsp; **Real Estate - Equity Real Estate Investment Trusts (REITs) -- 0.77%** |  |
| &nbsp;&nbsp; 109550 | &nbsp;&nbsp; NexPoint Residential Trust, Inc. | &nbsp;&nbsp; 3415769 |
|  | &nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp; TOTAL COMMON STOCKS |  |
|  | &nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp; (cost $296,655,380) | &nbsp;&nbsp; 428427508 |
| &nbsp;&nbsp; **SHORT-TERM INVESTMENTS -- 3.21%** | &nbsp;&nbsp; **SHORT-TERM INVESTMENTS -- 3.21%** |  |
|  | &nbsp;&nbsp; **Money Market Deposit Account – 0.94%** |  |
| &nbsp;&nbsp; $4150438 | &nbsp;&nbsp; U.S. Bank Money Market, 4.20% | &nbsp;&nbsp; 4150438 |
|  | &nbsp;&nbsp; **Money Market Fund – 1.14%** |  |
| &nbsp;&nbsp; 5000000 | &nbsp;&nbsp; First American Money Market Funds Government Obligations Fund - X Class,  |  |
|  | &nbsp;&nbsp; 7-day net yield, 4.245%  | &nbsp;&nbsp; 5000000 |
|  | &nbsp;&nbsp; **U.S. Government Security – 1.13%** |  |
| &nbsp;&nbsp; 5000000 | &nbsp;&nbsp; U.S. Treasury Bill 08/05/2025, 4.327% | &nbsp;&nbsp; 4997631 |
|  | &nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp; TOTAL SHORT-TERM INVESTMENTS |  |
|  | &nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp; (cost $14,148,133) | &nbsp;&nbsp; 14148069 |
|  | &nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS |  |
|  | &nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp; (cost $310,803,513) - 100.30% | &nbsp;&nbsp; 442575577 |
|  | &nbsp;&nbsp; LIABILITIES, NET OF OTHER ASSETS - (0.30)% | &nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp; (1304699) |
|  | &nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp; TOTAL NET ASSETS |  |
|  | &nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp; (basis of percentages disclosed above) - 100% | &nbsp;&nbsp; $441270878 |
| &nbsp;&nbsp; \* Non-income producing security. | &nbsp;&nbsp; \* Non-income producing security. |  |
|  | &nbsp;&nbsp; The accompanying notes to financial statements are an integral part of this schedule. |  |

---

------

For information on the Fund's policies regarding the valuation of investments and other significant accounting policies, please refer to the Fund's most recent Semiannual or Annual Financial Statements.

Various inputs are used in determining the value of the Fund's investments relating to Accounting Standards Codification 820-10.

The three-tier hierarchy of inputs is summarized in the three broad Levels listed below.

Level 1 – quoted prices in active markets for identical investments

------

Level 2 – other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.)

Level 3 – significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments)

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

The following is a summary of the inputs used as of July 31, 2025, in valuing the Fund's investments carried at value:

---

| | |
|:---|:---|
| &nbsp;&nbsp; Valuation Inputs | &nbsp;&nbsp; Investments<br> in Securities |
| &nbsp;&nbsp; Level 1 |  |
| &nbsp;&nbsp; Common Stocks(1) | &nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$428427508 |
| &nbsp;&nbsp; Money Market Deposit Account | &nbsp;&nbsp; 4150438 |
| &nbsp;&nbsp; Money Market Fund | &nbsp;&nbsp; 5000000 |
| &nbsp;&nbsp; Level 2 |  |
| &nbsp;&nbsp; U.S. Government Security | &nbsp;&nbsp; 4997631 |
| &nbsp;&nbsp; Level 3 |  |
| &nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total | &nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$442575577 |

---

(1) See Schedule above for further detail by industry.

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Nicholas Limited Edition, Inc.

- **b. Investment Company Act file number:** 811-04993

- **c. CIK number of Registrant:** 0000809802

- **d. LEI of Registrant:** 5493003XHTS2TIGE5W22

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 411 E. Wisconsin Ave.

  - **City:** Milwaukee

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53202

  - **Telephone number:** 4142724650

**Item A.2. Information about the Series.**

- **a. Name of Series:** Nicholas Limited Edition, Inc.

- **b. EDGAR series identifier (if any):** S000009136

- **c. LEI of Series:** 5493003XHTS2TIGE5W22

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-07-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $442367076.80

**Total Liabilities:** $575422.67

**Net Assets:** $441791654.13

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000024849 | 3.30%                | 0.80%                | -2.59%               |
| Class ID C000024850 | 3.29%                | 0.79%                | -2.61%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $5722968.11              | $8954267.57                                |
| Month 2  | $2414038.07              | $1177153.16                                |
| Month 3  | $1269410.23              | $-12752962.60                              |

### Schedule of Portfolio Investments

| Name                                      | Title                                          | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Stevanato Group S.p.A.                    | Stevanato Group S.p.A. ORD SHS                 | CUSIP: T9224W109<br>LEI: 81560033F7E1CD477507 | Long             | EC               | CORP              | IT        |    221064 | NS      | $5462491.44   | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| WNS Holdings Ltd.                         | WNS Holdings Ltd. COM SHS                      | CUSIP: G98196101<br>LEI: 529900RM7QHUD3W9DM42 | Long             | EC               | CORP              | JE        |    138570 | NS      | $10363650.30  | 2.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Novanta Inc                               | Novanta Inc COM                                | CUSIP: 67000B104<br>LEI: 549300NBPHPTUPTS8070 | Long             | EC               | CORP              | CA        |     39970 | NS      | $4917109.40   | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| RB Global Inc                             | RB Global Inc COM                              | CUSIP: 74935Q107<br>LEI: 5493002H8U24DJXQ4886 | Long             | EC               | CORP              | CA        |     71896 | NS      | $7783460.96   | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Evertec Inc                               | Evertec Inc COM                                | CUSIP: 30040P103<br>LEI: N/A                  | Long             | EC               | CORP              | PR        |    213210 | NS      | $7707541.50   | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Nomad Foods Ltd.                          | Nomad Foods Ltd. USD ORD SHS                   | CUSIP: G6564A105<br>LEI: 5493000ZZ1837DS2SI43 | Long             | EC               | CORP              | VG        |    421967 | NS      | $7105924.28   | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Descartes Systems Group Inc.              | Descartes Systems Group Inc. COM               | CUSIP: 249906108<br>LEI: 875500NEPA7JI5EOMN45 | Long             | EC               | CORP              | CA        |    100050 | NS      | $10581288.00  | 2.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Cyberark Software Ltd.                    | Cyberark Software Ltd. SHS                     | CUSIP: M2682V108<br>LEI: 529900YEXNDM894PWS93 | Long             | EC               | CORP              | IL        |     13862 | NS      | $5703797.14   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Workiva Inc                               | Workiva Inc COM CL A                           | CUSIP: 98139A105<br>LEI: 529900RTOQ8GRWHY1O58 | Long             | EC               | CORP              | US        |     79815 | NS      | $5094591.45   | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Varonis Systems Inc                       | Varonis Systems Inc COM                        | CUSIP: 922280102<br>LEI: 549300SHIVNRRH7STS26 | Long             | EC               | CORP              | US        |    159645 | NS      | $8912980.35   | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Wingstop Inc                              | Wingstop Inc COM                               | CUSIP: 974155103<br>LEI: 549300SSH3F8HPIM3Q47 | Long             | EC               | CORP              | US        |     22256 | NS      | $8398079.04   | 1.90%             |  |  |  | No            |                  1 | On Loan: No      |
| UFP Technologies Inc.                     | UFP Technologies Inc. COM                      | CUSIP: 902673102<br>LEI: 549300RJ8LY41HS70C91 | Long             | EC               | CORP              | US        |     20536 | NS      | $4649145.04   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Tetra Tech Inc                            | Tetra Tech Inc COM                             | CUSIP: 88162G103<br>LEI: 549300UJ1LP7JGJC5P32 | Long             | EC               | CORP              | US        |    211365 | NS      | $7765550.10   | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Tenable Holdings Inc                      | Tenable Holdings Inc COM                       | CUSIP: 88025T102<br>LEI: 5493004S5OMPESF0EF83 | Long             | EC               | CORP              | US        |    183893 | NS      | $5757689.83   | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| SPX Technologies, Inc.                    | SPX Technologies, Inc. COM                     | CUSIP: 78473E103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     19545 | NS      | $3564812.55   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Simulations Plus Inc.                     | Simulations Plus Inc. COM                      | CUSIP: 829214105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    181576 | NS      | $2364119.52   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| SPS Commerce Inc                          | SPS Commerce Inc COM                           | CUSIP: 78463M107<br>LEI: 2549006XVF9GCCETDQ72 | Long             | EC               | CORP              | US        |     54219 | NS      | $5902551.44   | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Siteone Landscape Supply Inc              | Siteone Landscape Supply Inc COM               | CUSIP: 82982L103<br>LEI: 5299008LX7SBD4HIAU03 | Long             | EC               | CORP              | US        |     47439 | NS      | $6538517.37   | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Repay Holdings Corporation                | Repay Holdings Corporation COM CL A            | CUSIP: 76029L100<br>LEI: 2549006EJ42T73ZKUI98 | Long             | EC               | CORP              | US        |    772951 | NS      | $3802918.92   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Phreesia Inc                              | Phreesia Inc COM                               | CUSIP: 71944F106<br>LEI: 5493000HHF8NU4QOCG53 | Long             | EC               | CORP              | US        |    209384 | NS      | $5644992.64   | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Eplus Inc                                 | Eplus Inc COM                                  | CUSIP: 294268107<br>LEI: 529900FFY8AAFJ21NE91 | Long             | EC               | CORP              | US        |     88558 | NS      | $5736787.24   | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Paylocity Holding Corporation             | Paylocity Holding Corporation COM              | CUSIP: 70438V106<br>LEI: 549300VH75FTB4DIEE07 | Long             | EC               | CORP              | US        |     42923 | NS      | $7935604.24   | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Prestige Consumer Healthcare Inc          | Prestige Consumer Healthcare Inc COM           | CUSIP: 74112D101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    149595 | NS      | $11062550.25  | 2.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Option Care Health Inc                    | Option Care Health Inc COM NEW                 | CUSIP: 68404L201<br>LEI: 549300DI3Q5ACSYJRI17 | Long             | EC               | CORP              | US        |    247880 | NS      | $7275278.00   | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Onto Innovation Inc.                      | Onto Innovation Inc. COM                       | CUSIP: 683344105<br>LEI: 254900RXZVN73CHOO062 | Long             | EC               | CORP              | US        |     45216 | NS      | $4284216.00   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Omnicell Inc                              | Omnicell Inc COM                               | CUSIP: 68213N109<br>LEI: 5493008RH0GTKHHPZI77 | Long             | EC               | CORP              | US        |    102828 | NS      | $3188696.28   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Ollies Bargain Outlet Holdings Inc.       | Ollies Bargain Outlet Holdings Inc. COM        | CUSIP: 681116109<br>LEI: 529900YO5DSQCPEFDZ05 | Long             | EC               | CORP              | US        |     60880 | NS      | $8318034.40   | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Ncino Inc.                                | Ncino Inc. COM                                 | CUSIP: 63947X101<br>LEI: 549300WVRR2WR3L6MZ46 | Long             | EC               | CORP              | US        |    251297 | NS      | $7017468.73   | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Marten Transport Ltd.                     | Marten Transport Ltd. COM                      | CUSIP: 573075108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    393631 | NS      | $4786552.96   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Murphy USA Inc.                           | Murphy USA Inc. COM                            | CUSIP: 626755102<br>LEI: 549300Y081F8XIKQIO72 | Long             | EC               | CORP              | US        |      8035 | NS      | $2912526.80   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Modine Manufacturing Co.                  | Modine Manufacturing Co. COM                   | CUSIP: 607828100<br>LEI: Z35SZFYJR8GZZRSIUU09 | Long             | EC               | CORP              | US        |     39705 | NS      | $5342704.80   | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Morningstar Inc                           | Morningstar Inc COM                            | CUSIP: 617700109<br>LEI: 529900YGNQPOVAXQ7F29 | Long             | EC               | CORP              | US        |     25975 | NS      | $7181048.50   | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Lattice Semiconductor Corporation         | Lattice Semiconductor Corporation COM          | CUSIP: 518415104<br>LEI: 549300LRBBPZDQ2II567 | Long             | EC               | CORP              | US        |    116535 | NS      | $5806939.05   | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| La-Z-Boy Inc                              | La-Z-Boy Inc COM                               | CUSIP: 505336107<br>LEI: 549300WNO1WMN9ZG2519 | Long             | EC               | CORP              | US        |    196866 | NS      | $7081270.02   | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Knight-Swift Transportation Holdings Inc. | Knight-Swift Transportation Holdings Inc. CL A | CUSIP: 499049104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    129965 | NS      | $5523512.50   | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| OPENLANE Inc                              | OPENLANE Inc COM                               | CUSIP: 48238T109<br>LEI: 5493004HKD20LBSG7D03 | Long             | EC               | CORP              | US        |    398140 | NS      | $9810169.60   | 2.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Alkami Technology Inc.                    | Alkami Technology Inc. COM                     | CUSIP: 01644J108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    214890 | NS      | $4789898.10   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Smith(Ao)Corp                             | Smith(Ao)Corp COM                              | CUSIP: 831865209<br>LEI: 549300XG4US7UJNECY36 | Long             | EC               | CORP              | US        |     95911 | NS      | $6789539.69   | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Amedisys Inc                              | Amedisys Inc COM                               | CUSIP: 023436108<br>LEI: 5299001RBS9GK9STN379 | Long             | EC               | CORP              | US        |     25322 | NS      | $2496749.20   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Cohen & Steers Inc                        | Cohen & Steers Inc COM                         | CUSIP: 19247A100<br>LEI: 549300XXIA338A0X2K65 | Long             | EC               | CORP              | US        |    124635 | NS      | $9168150.60   | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Carriage Services, Inc.                   | Carriage Services, Inc. COM                    | CUSIP: 143905107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    131500 | NS      | $5906980.00   | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Certara Inc                               | Certara Inc COM                                | CUSIP: 15687V109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    551683 | NS      | $5428560.72   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| The Baldwin Insurance Group Inc           | The Baldwin Insurance Group Inc COM CL A       | CUSIP: 05589G102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    182595 | NS      | $6726799.80   | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| I3 Verticals INC                          | I3 Verticals INC COM CL A                      | CUSIP: 46571Y107<br>LEI: 549300944CYWVP06CJ97 | Long             | EC               | CORP              | US        |    340480 | NS      | $9526630.40   | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Intapp Inc                                | Intapp Inc COM                                 | CUSIP: 45827U109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    114683 | NS      | $4593054.15   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| ICF International Inc                     | ICF International Inc COM                      | CUSIP: 44925C103<br>LEI: 5493003KYFDDC5B3WY64 | Long             | EC               | CORP              | US        |     83175 | NS      | $6977550.75   | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Globus Med Inc                            | Globus Med Inc CL A                            | CUSIP: 379577208<br>LEI: 5299003M2P4CIK0RF205 | Long             | EC               | CORP              | US        |    128303 | NS      | $6752586.89   | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Grid Dynamics Holdings Inc.               | Grid Dynamics Holdings Inc. CL A               | CUSIP: 39813G109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    379226 | NS      | $3598854.74   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Shift4 Payments Inc                       | Shift4 Payments Inc CL A                       | CUSIP: 82452J109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     93214 | NS      | $9601042.00   | 2.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Five9 Inc.                                | Five9 Inc. COM                                 | CUSIP: 338307101<br>LEI: 254900MXP6EWY0SFFR59 | Long             | EC               | CORP              | US        |    151160 | NS      | $3904462.80   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Comfort Systems USA Inc.                  | Comfort Systems USA Inc. COM                   | CUSIP: 199908104<br>LEI: 5299009DT1ZA5HTU6R38 | Long             | EC               | CORP              | US        |      5840 | NS      | $4107272.00   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Exponent Inc                              | Exponent Inc COM                               | CUSIP: 30214U102<br>LEI: 529900NY3F5Q2NWPUZ42 | Long             | EC               | CORP              | US        |     88310 | NS      | $6089857.60   | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| ExlService Holdings Inc.                  | ExlService Holdings Inc. COM                   | CUSIP: 302081104<br>LEI: 81E3DTNF6OSH489ZOV15 | Long             | EC               | CORP              | US        |    225856 | NS      | $9808926.08   | 2.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Dorman Products Inc.                      | Dorman Products Inc. COM                       | CUSIP: 258278100<br>LEI: 2549000O0BBUX740XR59 | Long             | EC               | CORP              | US        |     83677 | NS      | $10093119.74  | 2.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Encompass Health Corporation              | Encompass Health Corporation COM               | CUSIP: 29261A100<br>LEI: 549300FVRPM9DRQZRG64 | Long             | EC               | CORP              | US        |     83653 | NS      | $9211031.83   | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Donaldson Co Inc                          | Donaldson Co Inc COM                           | CUSIP: 257651109<br>LEI: OZE6KXY9QQPR8EJ8WL20 | Long             | EC               | CORP              | US        |     70945 | NS      | $5105911.65   | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Casella Waste Systems, Inc.               | Casella Waste Systems, Inc. CL A               | CUSIP: 147448104<br>LEI: 8EU0XUFVJ48U37IIDH51 | Long             | EC               | CORP              | US        |     55323 | NS      | $6015269.79   | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackline Inc                             | Blackline Inc COM                              | CUSIP: 09239B109<br>LEI: 529900P9N7PK9LV5EK56 | Long             | EC               | CORP              | US        |    139960 | NS      | $7527048.80   | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Atricure Inc                              | Atricure Inc COM                               | CUSIP: 04963C209<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    190080 | NS      | $6671808.00   | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Aptargroup Inc.                           | Aptargroup Inc. COM                            | CUSIP: 038336103<br>LEI: VNPEQDQFAA7IY1T2PX43 | Long             | EC               | CORP              | US        |     59500 | NS      | $9349830.00   | 2.12%             |  |  |  | No            |                  1 | On Loan: No      |
| J&J Snack Foods Corp                      | J&J Snack Foods Corp COM                       | CUSIP: 466032109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     45355 | NS      | $5120125.95   | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury Bills              | B 0 08/05/25                                   | CUSIP: 912797QH3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5000000 | PA      | $4997631.25   | 1.13%             | 2025-08-05      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Nexpoint Residential Trust Inc            | Nexpoint Residential Trust Inc COM             | CUSIP: 65341D102<br>LEI: 549300U2J6XVYBF87166 | Long             | EC               | CORP              | US        |    109550 | NS      | $3415769.00   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Funds Inc.                 | First American Funds Inc. GOVT OBLIGS X        | CUSIP: 31846V336<br>LEI: 549300J5J5SJCZ9IA369 | Long             | STIV             | RF                | US        |   5000000 | NS      | $5000000.00   | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| US BANK MMDA                              | US BANK MMDA                                   | CUSIP: 8AMMF0JA0<br>LEI: N/A                  | Long             | STIV             |  | US        |   4364795 | NS      | $4364794.78   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Q2 Holdings Inc                           | Q2 Holdings Inc COM                            | CUSIP: 74736L109<br>LEI: 549300M9RKR9DZXWS696 | Long             | EC               | CORP              | US        |    134991 | NS      | $10961269.20  | 2.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Construction Partners Inc.                | Construction Partners Inc. COM CL A            | CUSIP: 21044C107<br>LEI: 549300MHLFL4E8JLZU44 | Long             | EC               | CORP              | US        |     56981 | NS      | $5746533.85   | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Qualys Inc                                | Qualys Inc COM                                 | CUSIP: 74758T303<br>LEI: 549300EMBXYOW9W1XA17 | Long             | EC               | CORP              | US        |     46906 | NS      | $6241781.42   | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Power Integrations Inc.                   | Power Integrations Inc. COM                    | CUSIP: 739276103<br>LEI: 54930085LGXSCIHD5W31 | Long             | EC               | CORP              | US        |     99460 | NS      | $4825799.20   | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-09-10

**Name of Applicant:** Nicholas Limited Edition, Inc.

**Signature:** Jennifer Kloehn

**Name of Signer:** Jennifer Kloehn

**Title:** Treasurer