# EDGAR Filing Document

**Accession Number:** 0001757282
**File Stem:** 0001757282-26-000001
**Filing Date:** 2026-2
**Character Count:** 12157
**Document Hash:** b41a43866178e1a1db0222c3b493ecac
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001757282-26-000001.hdr.sgml**: 20260202

**ACCESSION NUMBER**: 0001757282-26-000001

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260202

**DATE AS OF CHANGE**: 20260202

**EFFECTIVENESS DATE**: 20260202

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NKCFO LLC
- **CENTRAL INDEX KEY:** 0001757282

**ORGANIZATION NAME:**
- **EIN:** 464983790
- **STATE OF INCORPORATION:** IL
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-18988
- **FILM NUMBER:** 26585628

**BUSINESS ADDRESS:**
- **STREET 1:** 501 W STATE ST
- **STREET 2:** STE 206
- **CITY:** GENEVA
- **STATE:** IL
- **ZIP:** 60134
- **BUSINESS PHONE:** 3179858193

**MAIL ADDRESS:**
- **STREET 1:** 501 W STATE ST
- **STREET 2:** STE 206
- **CITY:** GENEVA
- **STATE:** IL
- **ZIP:** 60134

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2025

**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:** NKCFO LLC<br>**Address:** 501 W STATE ST<br>STE 206<br>GENEVA, IL 60134

**Form 13F File Number:** 028-18988

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:** Nick P. Calamos<br>**Title:** President<br>**Phone:** 6303357357

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

Nick P. Calamos  Geneva, IL  02-02-2026<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:** 91

**Form 13F Information Table Value Total:** $345859

      (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 |
| 3M CO | COM | 88579Y101 |  | 168 | 1050 | SH |  | SOLE |  | 1050 | 0 | 0 |
| ACM RESH INC | COM CL A | 00108J109 |  | 710 | 18000 | SH |  | SOLE |  | 18000 | 0 | 0 |
| ADMA BIOLOGICS INC | COM | 000899104 |  | 47 | 2560 | SH |  | SOLE |  | 2560 | 0 | 0 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 1499 | 7000 | SH |  | SOLE |  | 7000 | 0 | 0 |
| AGNICO EAGLE MINES LTD | COM | 008474108 |  | 52916 | 312133 | SH |  | SOLE |  | 312133 | 0 | 0 |
| ALAMOS GOLD INC NEW | COM CL A | 011532108 |  | 13283 | 344300 | SH |  | SOLE |  | 344300 | 0 | 0 |
| ALIBABA GROUP HLDG LTD | SPONSORED ADS | 01609W102 |  | 2023 | 13800 | SH |  | SOLE |  | 13800 | 0 | 0 |
| ALLIENT INC | COM | 019330109 |  | 1344 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 8506 | 27175 | SH |  | SOLE |  | 27175 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 24014 | 104037 | SH |  | SOLE |  | 104037 | 0 | 0 |
| AMKOR TECHNOLOGY INC | COM | 031652100 |  | 517 | 13100 | SH |  | SOLE |  | 13100 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 12166 | 44750 | SH |  | SOLE |  | 44750 | 0 | 0 |
| ASE TECHNOLOGY HLDG CO LTD | SPONSORED ADS | 00215W100 |  | 113 | 7000 | SH |  | SOLE |  | 7000 | 0 | 0 |
| AMERICAN CENTY ETF TR | US SML CP VALU | 025072877 |  | 2917 | 28600 | SH |  | SOLE |  | 28600 | 0 | 0 |
| BAKER HUGHES COMPANY | CL A | 05722G100 |  | 1999 | 43900 | SH |  | SOLE |  | 43900 | 0 | 0 |
| 2023 ETF SERIES TRUST | BRANDES US VALUE | 900934308 |  | 3001 | 82100 | SH |  | SOLE |  | 82100 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 12714 | 165050 | SH |  | SOLE |  | 165050 | 0 | 0 |
| COHERENT CORP | COM | 19247G107 |  | 369 | 2000 | SH |  | SOLE |  | 2000 | 0 | 0 |
| COMPANHIA DE SANEAMENTO BASI | SPONSORED ADR | 20441A102 |  | 147 | 6178 | SH |  | SOLE |  | 6178 | 0 | 0 |
| COMSTOCK RES INC | COM | 205768302 |  | 232 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| CURTISS WRIGHT CORP | COM | 231561101 |  | 276 | 500 | SH |  | SOLE |  | 500 | 0 | 0 |
| DIMENSIONAL ETF TRUST | US SMALL CAP VAL | 25434V815 |  | 2909 | 88450 | SH |  | SOLE |  | 88450 | 0 | 0 |
| ELANCO ANIMAL HEALTH INC | COM | 28414H103 |  | 85 | 3740 | SH |  | SOLE |  | 3740 | 0 | 0 |
| LILLY ELI  CO | COM | 532457108 |  | 2472 | 2300 | SH |  | SOLE |  | 2300 | 0 | 0 |
| ENERSYS | COM | 29275Y102 |  | 986 | 6720 | SH |  | SOLE |  | 6720 | 0 | 0 |
| EQT CORP | COM | 26884L109 |  | 322 | 6000 | SH |  | SOLE |  | 6000 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 3923 | 32600 | SH |  | SOLE |  | 32600 | 0 | 0 |
| FIDELITY WISE ORIGIN BITCOIN | SHS | 315948109 |  | 1525 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| RBB FUND TRUST | FIRST EAGE OVER | 75526L878 |  | 20809 | 430300 | SH |  | SOLE |  | 430300 | 0 | 0 |
| GENERAL MTRS CO | COM | 37045V100 |  | 80 | 980 | SH |  | SOLE |  | 980 | 0 | 0 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 7444 | 60650 | SH |  | SOLE |  | 60650 | 0 | 0 |
| GRAYSCALE ETHEREUM MINI TR E | SHS NEW | 38964R203 |  | 20 | 700 | SH |  | SOLE |  | 700 | 0 | 0 |
| GRAYSCALE ETHEREUM TR ETH | SHS | 389638107 |  | 170 | 7000 | SH |  | SOLE |  | 7000 | 0 | 0 |
| GSK PLC | SPONSORED ADR | 37733W204 |  | 3276 | 66800 | SH |  | SOLE |  | 66800 | 0 | 0 |
| HUB GROUP INC | CL A | 443320106 |  | 78 | 1840 | SH |  | SOLE |  | 1840 | 0 | 0 |
| HUNTINGTON INGALLS INDS INC | COM | 446413106 |  | 4064 | 11950 | SH |  | SOLE |  | 11950 | 0 | 0 |
| ILLUMINA INC | COM | 452327109 |  | 68 | 515 | SH |  | SOLE |  | 515 | 0 | 0 |
| INTEL CORP | COM | 458140100 |  | 2583 | 70000 | SH |  | SOLE |  | 70000 | 0 | 0 |
| IRADIMED CORP | COM | 46266A109 |  | 77 | 790 | SH |  | SOLE |  | 790 | 0 | 0 |
| ISHARES BITCOIN TR | SHS | 46438F101 |  | 3029 | 61000 | SH |  | SOLE |  | 61000 | 0 | 0 |
| ISHARES GOLD TR | ISHARES NEW | 464285204 |  | 22679 | 279400 | SH |  | SOLE |  | 279400 | 0 | 0 |
| ISHARES INC MSCI EMRG | CHN | 46434G764 |  | 6403 | 88100 | SH |  | SOLE |  | 88100 | 0 | 0 |
| ISHARES INC MSCI STH KOR | ETF | 464286772 |  | 3451 | 35500 | SH |  | SOLE |  | 35500 | 0 | 0 |
| ISHARES SILVER TR | ISHARES | 46428Q109 |  | 8078 | 125400 | SH |  | SOLE |  | 125400 | 0 | 0 |
| ISHARES TR | 20 YR TR BD ETF | 464287432 |  | 523 | 6000 | SH |  | SOLE |  | 6000 | 0 | 0 |
| HUNT J B TRANS SVCS INC | COM | 445658107 |  | 505 | 2600 | SH |  | SOLE |  | 2600 | 0 | 0 |
| JUMIA TECHNOLOGIES AG | SPONSORED ADS | 48138M105 |  | 312 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| KINDER MORGAN INC DEL | COM | 49456B101 |  | 3326 | 121000 | SH |  | SOLE |  | 121000 | 0 | 0 |
| KRANESHARES TRUST | GLOBAL HUMANOID | 500767751 |  | 854 | 26800 | SH |  | SOLE |  | 26800 | 0 | 0 |
| L3HARRIS TECHNOLOGIES INC | COM | 502431109 |  | 4081 | 13900 | SH |  | SOLE |  | 13900 | 0 | 0 |
| LEIDOS HOLDINGS INC | COM | 525327102 |  | 48 | 268 | SH |  | SOLE |  | 268 | 0 | 0 |
| MAGNA INTL INC | COM | 559222401 |  | 426 | 8000 | SH |  | SOLE |  | 8000 | 0 | 0 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 8107 | 84400 | SH |  | SOLE |  | 84400 | 0 | 0 |
| MERCADOLIBRE INC | COM | 58733R102 |  | 201 | 100 | SH |  | SOLE |  | 100 | 0 | 0 |
| MUELLER INDS INC | COM | 624756102 |  | 153 | 1330 | SH |  | SOLE |  | 1330 | 0 | 0 |
| NATERA INC | COM | 632307104 |  | 2268 | 9900 | SH |  | SOLE |  | 9900 | 0 | 0 |
| NETEASE INC | SPONSORED ADS | 64110W102 |  | 275 | 2000 | SH |  | SOLE |  | 2000 | 0 | 0 |
| NETGEAR INC | COM | 64111Q104 |  | 245 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| NEXTPOWER INC | CLASS A COM | 65290E101 |  | 146 | 1680 | SH |  | SOLE |  | 1680 | 0 | 0 |
| NIKE INC | CL B | 654106103 |  | 271 | 4257 | SH |  | SOLE |  | 4257 | 0 | 0 |
| NORTHROP GRUMMAN CORP | COM | 666807102 |  | 2794 | 4900 | SH |  | SOLE |  | 4900 | 0 | 0 |
| NUCOR CORP | COM | 670346105 |  | 6459 | 39600 | SH |  | SOLE |  | 39600 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 12192 | 65375 | SH |  | SOLE |  | 65375 | 0 | 0 |
| HARRIS OAKMARK ETF TRUST | OAKMARK U S LRG | 41456U106 |  | 3040 | 107200 | SH |  | SOLE |  | 107200 | 0 | 0 |
| OLD DOMINION FREIGHT LINE IN | COM | 679580100 |  | 533 | 3400 | SH |  | SOLE |  | 3400 | 0 | 0 |
| ONE STOP SYS INC | COM | 68247W109 |  | 93 | 13000 | SH |  | SOLE |  | 13000 | 0 | 0 |
| PHILLIPS 66 | COM | 718546104 |  | 3697 | 28650 | SH |  | SOLE |  | 28650 | 0 | 0 |
| PRIMORIS SVCS CORP | COM | 74164F103 |  | 2942 | 23700 | SH |  | SOLE |  | 23700 | 0 | 0 |
| PROSHARES TR II | ULTRASHORT YEN N | 74347W569 |  | 4394 | 86325 | SH |  | SOLE |  | 86325 | 0 | 0 |
| REDDIT INC | CL A | 75734B100 |  | 115 | 500 | SH |  | SOLE |  | 500 | 0 | 0 |
| REGAL REXNORD CORPORATION | COM | 758750103 |  | 140 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| REGENERON PHARMACEUTICALS | COM | 75886F107 |  | 110 | 142 | SH |  | SOLE |  | 142 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A870 |  | 77 | 635 | SH |  | SOLE |  | 635 | 0 | 0 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 213 | 700 | SH |  | SOLE |  | 700 | 0 | 0 |
| TAPESTRY INC | COM | 876030107 |  | 116 | 905 | SH |  | SOLE |  | 905 | 0 | 0 |
| TASEKO MINES LTD | COM | 876511106 |  | 113 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| TERADYNE INC | COM | 880770102 |  | 2865 | 14800 | SH |  | SOLE |  | 14800 | 0 | 0 |
| TEVA PHARMACEUTICAL INDS LTD | SPONSORED ADS | 881624209 |  | 2341 | 75000 | SH |  | SOLE |  | 75000 | 0 | 0 |
| THERMON GROUP HLDGS INC | COM | 88362T103 |  | 85 | 2295 | SH |  | SOLE |  | 2295 | 0 | 0 |
| ACUREN CORP | COM | 00510N102 |  | 1628 | 161000 | SH |  | SOLE |  | 161000 | 0 | 0 |
| ULTA BEAUTY INC | COM | 90384S303 |  | 157 | 260 | SH |  | SOLE |  | 260 | 0 | 0 |
| UNIVERSAL HLTH SVCS INC | CL B | 913903100 |  | 57 | 260 | SH |  | SOLE |  | 260 | 0 | 0 |
| VALE S A | SPONSORED ADS | 91912E105 |  | 3098 | 237750 | SH |  | SOLE |  | 237750 | 0 | 0 |
| VANECK VECTORS ETF TR JP MORGAN | MKTS | 92189H300 |  | 3953 | 153100 | SH |  | SOLE |  | 153100 | 0 | 0 |
| VANGUARD MALVERN FDS | STRM INFPROIDX | 922020805 |  | 17890 | 361700 | SH |  | SOLE |  | 361700 | 0 | 0 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 134 | 400 | SH |  | SOLE |  | 400 | 0 | 0 |
| VANGUARD BD INDEX FDS | VANGUARD ULTRA | 92203C303 |  | 18403 | 369250 | SH |  | SOLE |  | 369250 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 |  | 290 | 2549 | SH |  | SOLE |  | 2549 | 0 | 0 |
| WISDOMTREE TR | JP SMALLCP DIV | 97717W836 |  | 2001 | 20775 | SH |  | SOLE |  | 20775 | 0 | 0 |
| WW INTL INC | COM NEW | 98262P200 |  | 331 | 11345 | SH |  | SOLE |  | 11345 | 0 | 0 |
| XPENG INC | ADS | 98422D105 |  | 365 | 18000 | SH |  | SOLE |  | 18000 | 0 | 0 |

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