# EDGAR Filing Document

**Accession Number:** 0001729847
**File Stem:** 0001729847-23-000001
**Filing Date:** 2023-1
**Character Count:** 15770
**Document Hash:** e9eea4d7dcf176bcc3f660263fdb3966
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001729847-23-000001.hdr.sgml**: 20230125

**ACCESSION NUMBER**: 0001729847-23-000001

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230125

**DATE AS OF CHANGE**: 20230125

**EFFECTIVENESS DATE**: 20230125

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Nikulski Financial, Inc.
- **CENTRAL INDEX KEY:** 0001729847
- **IRS NUMBER:** 204042214
- **STATE OF INCORPORATION:** IA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-18302
- **FILM NUMBER:** 23552411

**BUSINESS ADDRESS:**
- **STREET 1:** 4275 ONTARIO DRIVE
- **CITY:** BETTENDORF
- **STATE:** IA
- **ZIP:** 52722
- **BUSINESS PHONE:** 5633440118

**MAIL ADDRESS:**
- **STREET 1:** 4275 ONTARIO DRIVE
- **CITY:** BETTENDORF
- **STATE:** IA
- **ZIP:** 52722

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Nikulski Financial Inc.<br>**Address:** 4275 ONTARIO DRIVE<br>BETTENDORF, IA 52722

**Form 13F File Number:** 028-18302

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Christina Duncan<br>**Title:** Compliance Consultant<br>**Phone:** 720-961-5825

**Signature, Place, and Date of Signing:**

Christina Duncan  Westminster, CO  01-25-2023<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 123

**Form 13F Information Table Value Total:** $209738490

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ABBOTT LABS | COM | 002824100 |  | 840278 | 7654 | SH |  | SOLE |  | 0 | 0 | 7654 |
| ABBVIE INC | COM | 00287Y109 |  | 5310221 | 32858 | SH |  | SOLE |  | 0 | 0 | 32858 |
| ADVANCE AUTO PARTS INC | COM | 00751Y106 |  | 262743 | 1787 | SH |  | SOLE |  | 0 | 0 | 1787 |
| ALLSTATE CORP | COM | 020002101 |  | 2484546 | 18323 | SH |  | SOLE |  | 0 | 0 | 18323 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 4862500 | 55112 | SH |  | SOLE |  | 0 | 0 | 55112 |
| AMAZON COM INC | COM | 023135106 |  | 5677056 | 67584 | SH |  | SOLE |  | 0 | 0 | 67584 |
| AMERICAN ELEC PWR CO INC | COM | 025537101 |  | 233577 | 2460 | SH |  | SOLE |  | 0 | 0 | 2460 |
| AMGEN INC | COM | 031162100 |  | 250120 | 952 | SH |  | SOLE |  | 0 | 0 | 952 |
| APPLE INC | COM | 037833100 |  | 10247744 | 78871 | SH |  | SOLE |  | 0 | 0 | 78871 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 236926 | 767 | SH |  | SOLE |  | 0 | 0 | 767 |
| BLACKROCK INC | COM | 09247X101 |  | 226053 | 319 | SH |  | SOLE |  | 0 | 0 | 319 |
| BROADCOM INC | COM | 11135F101 |  | 825835 | 1477 | SH |  | SOLE |  | 0 | 0 | 1477 |
| CHEVRON CORP NEW | COM | 166764100 |  | 634138 | 3533 | SH |  | SOLE |  | 0 | 0 | 3533 |
| COLGATE PALMOLIVE CO | COM | 194162103 |  | 293335 | 3723 | SH |  | SOLE |  | 0 | 0 | 3723 |
| CONSTELLATION BRANDS INC | CL A | 21036P108 |  | 377753 | 1630 | SH |  | SOLE |  | 0 | 0 | 1630 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 4841856 | 10606 | SH |  | SOLE |  | 0 | 0 | 10606 |
| DEERE  CO | COM | 244199105 |  | 3383549 | 7891 | SH |  | SOLE |  | 0 | 0 | 7891 |
| DISNEY WALT CO | COM | 254687106 |  | 651394 | 7498 | SH |  | SOLE |  | 0 | 0 | 7498 |
| DOMINOS PIZZA INC | COM | 25754A201 |  | 827896 | 2390 | SH |  | SOLE |  | 0 | 0 | 2390 |
| FEDEX CORP | COM | 31428X106 |  | 279198 | 1612 | SH |  | SOLE |  | 0 | 0 | 1612 |
| GOLDMAN SACHS ETF TR | ACTIVEBETA US LG | 381430503 |  | 5835212 | 76648 | SH |  | SOLE |  | 0 | 0 | 76648 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 1309651 | 3814 | SH |  | SOLE |  | 0 | 0 | 3814 |
| HENRY JACK  ASSOC INC | COM | 426281101 |  | 215025 | 1225 | SH |  | SOLE |  | 0 | 0 | 1225 |
| HOME DEPOT INC | COM | 437076102 |  | 2079938 | 6585 | SH |  | SOLE |  | 0 | 0 | 6585 |
| INNOVATIVE INDL PPTYS INC | COM | 45781V101 |  | 214586 | 2117 | SH |  | SOLE |  | 0 | 0 | 2117 |
| INNOVATOR ETFS TR | US EQTY PWR BUF | 45782C813 |  | 456473 | 15120 | SH |  | SOLE |  | 0 | 0 | 15120 |
| INNOVATOR ETFS TR | US EQTY PWR BUF | 45782C797 |  | 381889 | 12700 | SH |  | SOLE |  | 0 | 0 | 12700 |
| INNOVATOR ETFS TR | US EQTY PWR BUF | 45782C508 |  | 2162059 | 68615 | SH |  | SOLE |  | 0 | 0 | 68615 |
| INNOVATOR ETFS TR | US EQT PWR BUF | 45782C870 |  | 3575655 | 127379 | SH |  | SOLE |  | 0 | 0 | 127379 |
| INNOVATOR ETFS TR | US EQTY PWR BUF | 45782C748 |  | 526490 | 17710 | SH |  | SOLE |  | 0 | 0 | 17710 |
| INNOVATOR ETFS TR | US EQTY PWR BF | 45782C680 |  | 233179 | 8225 | SH |  | SOLE |  | 0 | 0 | 8225 |
| INNOVATOR ETFS TR | US EQTY PWR BUF | 45782C656 |  | 205792 | 7035 | SH |  | SOLE |  | 0 | 0 | 7035 |
| INNOVATOR ETFS TR | US EQTY PWR BUF | 45782C573 |  | 222651 | 7375 | SH |  | SOLE |  | 0 | 0 | 7375 |
| INNOVATOR ETFS TR | US EQTY PWR BUF | 45782C540 |  | 229555 | 7680 | SH |  | SOLE |  | 0 | 0 | 7680 |
| INVENTRUST PPTYS CORP | COM NEW | 46124J201 |  | 225480 | 9526 | SH |  | SOLE |  | 0 | 0 | 9526 |
| INVESCO EXCH TRADED FD TR II | SR LN ETF | 46138G508 |  | 1122316 | 54667 | SH |  | SOLE |  | 0 | 0 | 54667 |
| INVESCO EXCH TRADED FD TR II | S LOW VOL | 46138E354 |  | 2696085 | 42192 | SH |  | SOLE |  | 0 | 0 | 42192 |
| INVESCO EXCH TRD SLF IDX FD | BULSHS 2023 CB | 46138J866 |  | 1226386 | 58455 | SH |  | SOLE |  | 0 | 0 | 58455 |
| INVESCO EXCH TRD SLF IDX FD | BULSHS 2024 CB | 46138J841 |  | 1933281 | 94375 | SH |  | SOLE |  | 0 | 0 | 94375 |
| INVESCO EXCH TRD SLF IDX FD | BULSHS 2025 CB | 46138J825 |  | 678698 | 33699 | SH |  | SOLE |  | 0 | 0 | 33699 |
| INVESCO EXCHANGE TRADED FD T | S QUALITY | 46137V241 |  | 6670240 | 151596 | SH |  | SOLE |  | 0 | 0 | 151596 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 4267429 | 16026 | SH |  | SOLE |  | 0 | 0 | 16026 |
| ISHARES TR | U.S. UTILITS ETF | 464287697 |  | 676829 | 7821 | SH |  | SOLE |  | 0 | 0 | 7821 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 1646339 | 6806 | SH |  | SOLE |  | 0 | 0 | 6806 |
| ISHARES TR | S MC 400VL ETF | 464287705 |  | 3023647 | 29996 | SH |  | SOLE |  | 0 | 0 | 29996 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 7054849 | 74544 | SH |  | SOLE |  | 0 | 0 | 74544 |
| ISHARES TR | SP SMCP600VL ETF | 464287879 |  | 598994 | 6560 | SH |  | SOLE |  | 0 | 0 | 6560 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 |  | 5313351 | 24801 | SH |  | SOLE |  | 0 | 0 | 24801 |
| ISHARES TR | CORE S US GWT | 464287671 |  | 738245 | 9056 | SH |  | SOLE |  | 0 | 0 | 9056 |
| ISHARES TR | ISHARES BIOTECH | 464287556 |  | 914697 | 6967 | SH |  | SOLE |  | 0 | 0 | 6967 |
| ISHARES TR | EXPND TEC SC ETF | 464287549 |  | 617400 | 2205 | SH |  | SOLE |  | 0 | 0 | 2205 |
| ISHARES TR | NORTH AMERN NAT | 464287374 |  | 616202 | 15155 | SH |  | SOLE |  | 0 | 0 | 15155 |
| ISHARES TR | U.S. FIN SVC ETF | 464287770 |  | 652448 | 4142 | SH |  | SOLE |  | 0 | 0 | 4142 |
| ISHARES TR | U.S. BAS MTL ETF | 464287838 |  | 663028 | 5314 | SH |  | SOLE |  | 0 | 0 | 5314 |
| ISHARES TR | US CONSM STAPLES | 464287812 |  | 659441 | 3252 | SH |  | SOLE |  | 0 | 0 | 3252 |
| ISHARES TR | U.S. ENERGY ETF | 464287796 |  | 634031 | 13638 | SH |  | SOLE |  | 0 | 0 | 13638 |
| ISHARES TR | US INDUSTRIALS | 464287754 |  | 655928 | 6800 | SH |  | SOLE |  | 0 | 0 | 6800 |
| ISHARES TR | U.S. TECH ETF | 464287721 |  | 629813 | 8455 | SH |  | SOLE |  | 0 | 0 | 8455 |
| ISHARES TR | US TRSPRTION | 464287192 |  | 616946 | 2889 | SH |  | SOLE |  | 0 | 0 | 2889 |
| ISHARES TR | SELECT DIVID ETF | 464287168 |  | 3981323 | 33013 | SH |  | SOLE |  | 0 | 0 | 33013 |
| ISHARES TR | TIPS BD ETF | 464287176 |  | 1640454 | 15412 | SH |  | SOLE |  | 0 | 0 | 15412 |
| ISHARES TR | NA TEC MULTM ETF | 464287531 |  | 611877 | 8851 | SH |  | SOLE |  | 0 | 0 | 8851 |
| ISHARES TR | ISHARES SEMICDTR | 464287523 |  | 671253 | 1929 | SH |  | SOLE |  | 0 | 0 | 1929 |
| ISHARES TR | MSCI USA VALUE | 46432F388 |  | 309876 | 3400 | SH |  | SOLE |  | 0 | 0 | 3400 |
| ISHARES TR | MSCI USA QLT FCT | 46432F339 |  | 757150 | 6644 | SH |  | SOLE |  | 0 | 0 | 6644 |
| ISHARES TR | MSCI EAFE MIN VL | 46429B689 |  | 1883577 | 29623 | SH |  | SOLE |  | 0 | 0 | 29623 |
| ISHARES TR | MSCI INDIA ETF | 46429B598 |  | 289634 | 6939 | SH |  | SOLE |  | 0 | 0 | 6939 |
| ISHARES U S ETF TR | BLACKROCK ST MAT | 46431W507 |  | 1603539 | 32546 | SH |  | SOLE |  | 0 | 0 | 32546 |
| J P MORGAN EXCHANGE TRADED F | ULTRA SHRT INC | 46641Q837 |  | 2463401 | 49140 | SH |  | SOLE |  | 0 | 0 | 49140 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 356038 | 2016 | SH |  | SOLE |  | 0 | 0 | 2016 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 4119948 | 30723 | SH |  | SOLE |  | 0 | 0 | 30723 |
| KIMBERLY-CLARK CORP | COM | 494368103 |  | 272858 | 2010 | SH |  | SOLE |  | 0 | 0 | 2010 |
| KLA CORP | COM NEW | 482480100 |  | 217546 | 577 | SH |  | SOLE |  | 0 | 0 | 577 |
| LAM RESEARCH CORP | COM | 512807108 |  | 1647996 | 3921 | SH |  | SOLE |  | 0 | 0 | 3921 |
| LILLY ELI  CO | COM | 532457108 |  | 329256 | 900 | SH |  | SOLE |  | 0 | 0 | 900 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 971034 | 1996 | SH |  | SOLE |  | 0 | 0 | 1996 |
| LOWES COS INC | COM | 548661107 |  | 303116 | 1521 | SH |  | SOLE |  | 0 | 0 | 1521 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 1073095 | 3086 | SH |  | SOLE |  | 0 | 0 | 3086 |
| MCDONALDS CORP | COM | 580135101 |  | 2248438 | 8532 | SH |  | SOLE |  | 0 | 0 | 8532 |
| META PLATFORMS INC | CL A | 30303M102 |  | 354281 | 2944 | SH |  | SOLE |  | 0 | 0 | 2944 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 231657 | 4635 | SH |  | SOLE |  | 0 | 0 | 4635 |
| MICROSOFT CORP | COM | 594918104 |  | 3509772 | 14635 | SH |  | SOLE |  | 0 | 0 | 14635 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 385810 | 2640 | SH |  | SOLE |  | 0 | 0 | 2640 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 1904163 | 13646 | SH |  | SOLE |  | 0 | 0 | 13646 |
| PFIZER INC | COM | 717081103 |  | 1892468 | 36933 | SH |  | SOLE |  | 0 | 0 | 36933 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 352679 | 2327 | SH |  | SOLE |  | 0 | 0 | 2327 |
| PROSHARES TR | S 500 DV ARIST | 74348A467 |  | 1142873 | 12700 | SH |  | SOLE |  | 0 | 0 | 12700 |
| RAYTHEON TECHNOLOGIES CORP | COM | 75513E101 |  | 1181408 | 11706 | SH |  | SOLE |  | 0 | 0 | 11706 |
| SALESFORCE INC | COM | 79466L302 |  | 884110 | 6668 | SH |  | SOLE |  | 0 | 0 | 6668 |
| SCHWAB STRATEGIC TR | US SML CAP ETF | 808524607 |  | 3158912 | 77979 | SH |  | SOLE |  | 0 | 0 | 77979 |
| SCHWAB STRATEGIC TR | EMRG MKTEQ ETF | 808524706 |  | 530326 | 22405 | SH |  | SOLE |  | 0 | 0 | 22405 |
| SCHWAB STRATEGIC TR | US DIVIDEND EQ | 808524797 |  | 2999195 | 39703 | SH |  | SOLE |  | 0 | 0 | 39703 |
| SELECT SECTOR SPDR TR | ENERGY | 81369Y506 |  | 403674 | 4615 | SH |  | SOLE |  | 0 | 0 | 4615 |
| SELECT SECTOR SPDR TR | FINANCIAL | 81369Y605 |  | 426335 | 12466 | SH |  | SOLE |  | 0 | 0 | 12466 |
| SELECT SECTOR SPDR TR | SBI INT-INDS | 81369Y704 |  | 224745 | 2288 | SH |  | SOLE |  | 0 | 0 | 2288 |
| SELECT SECTOR SPDR TR | TECHNOLOGY | 81369Y803 |  | 233168 | 1874 | SH |  | SOLE |  | 0 | 0 | 1874 |
| SELECT SECTOR SPDR TR | SBI CONS STPLS | 81369Y308 |  | 1186836 | 15920 | SH |  | SOLE |  | 0 | 0 | 15920 |
| SHERWIN WILLIAMS CO | COM | 824348106 |  | 728603 | 3070 | SH |  | SOLE |  | 0 | 0 | 3070 |
| SOUTHERN CO | COM | 842587107 |  | 258504 | 3620 | SH |  | SOLE |  | 0 | 0 | 3620 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 481778 | 2840 | SH |  | SOLE |  | 0 | 0 | 2840 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 3523987 | 9215 | SH |  | SOLE |  | 0 | 0 | 9215 |
| SPDR SER TR | PORTFOLI S | 78464A805 |  | 685279 | 14491 | SH |  | SOLE |  | 0 | 0 | 14491 |
| SPDR SER TR | PORTFOLIO S | 78464A854 |  | 999816 | 22228 | SH |  | SOLE |  | 0 | 0 | 22228 |
| SPDR SER TR | PORTFOLIO S | 78468R853 |  | 885727 | 23958 | SH |  | SOLE |  | 0 | 0 | 23958 |
| TJX COS INC NEW | COM | 872540109 |  | 942305 | 11838 | SH |  | SOLE |  | 0 | 0 | 11838 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 5531244 | 10433 | SH |  | SOLE |  | 0 | 0 | 10433 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 2268010 | 11863 | SH |  | SOLE |  | 0 | 0 | 11863 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 |  | 5099151 | 36327 | SH |  | SOLE |  | 0 | 0 | 36327 |
| VANGUARD INDEX FDS | MID CAP ETF | 922908629 |  | 5392642 | 26459 | SH |  | SOLE |  | 0 | 0 | 26459 |
| VANGUARD INDEX FDS | SM CP VAL ETF | 922908611 |  | 2198586 | 13845 | SH |  | SOLE |  | 0 | 0 | 13845 |
| VANGUARD INDEX FDS | REAL ESTATE ETF | 922908553 |  | 574473 | 6965 | SH |  | SOLE |  | 0 | 0 | 6965 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 |  | 414617 | 2259 | SH |  | SOLE |  | 0 | 0 | 2259 |
| VANGUARD INDEX FDS | MCAP VL IDXVIP | 922908512 |  | 381783 | 2823 | SH |  | SOLE |  | 0 | 0 | 2823 |
| VANGUARD INTL EQUITY INDEX F | TT WRLD ST ETF | 922042742 |  | 824924 | 9571 | SH |  | SOLE |  | 0 | 0 | 9571 |
| VANGUARD MALVERN FDS | STRM INFPROIDX | 922020805 |  | 1330076 | 28475 | SH |  | SOLE |  | 0 | 0 | 28475 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 |  | 15438795 | 101671 | SH |  | SOLE |  | 0 | 0 | 101671 |
| VANGUARD STAR FDS | VG TL INTL STK F | 921909768 |  | 1694351 | 32760 | SH |  | SOLE |  | 0 | 0 | 32760 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 1136632 | 27082 | SH |  | SOLE |  | 0 | 0 | 27082 |
| VANGUARD WHITEHALL FDS | INTL DVD ETF | 921946810 |  | 3056397 | 43895 | SH |  | SOLE |  | 0 | 0 | 43895 |
| VISA INC | COM CL A | 92826C839 |  | 2586705 | 12450 | SH |  | SOLE |  | 0 | 0 | 12450 |
| WALMART INC | COM | 931142103 |  | 759711 | 5358 | SH |  | SOLE |  | 0 | 0 | 5358 |
| WASTE MGMT INC DEL | COM | 94106L109 |  | 604772 | 3855 | SH |  | SOLE |  | 0 | 0 | 3855 |
| ZIMMER BIOMET HOLDINGS INC | COM | 98956P102 |  | 258825 | 2030 | SH |  | SOLE |  | 0 | 0 | 2030 |

---