# EDGAR Filing Document

**Accession Number:** 0000071958
**File Stem:** 0001193125-26-238433
**Filing Date:** 2026-5
**Character Count:** 20615
**Document Hash:** cd708ba3586bd9810395ddc077ab14b8
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-238433.hdr.sgml**: 20260526

**ACCESSION NUMBER**: 0001193125-26-238433

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260430

**FILED AS OF DATE**: 20260526

**DATE AS OF CHANGE**: 20260526

**PERIOD START**: 20261031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NICHOLAS FUND, INC.
- **CENTRAL INDEX KEY:** 0000071958

**ORGANIZATION NAME:**
- **EIN:** 391099162
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1031
- **LEGAL ENTITY IDENTIFIER:** 549300Y74XY0WXZBQ563

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-01728
- **FILM NUMBER:** 261018138

**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 FUND INC
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NICHOLAS STRONG FUND INC
- **DATE OF NAME CHANGE:** 19740627

## Series and Classes Contracts Data

### NICHOLAS FUND INC (Series ID: S000011768)

| Class ID   | Class Name        | Ticker Symbol   |
|:---|:---|:---|
| C000032194 | NICHOLAS FUND INC | NICSX           |

## 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 Fund, Inc.

- **b. Investment Company Act file number:** 811-01728

- **c. CIK number of Registrant:** 0000071958

- **d. LEI of Registrant:** 549300Y74XY0WXZBQ563

- **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 Fund, Inc.

- **b. EDGAR series identifier (if any):** S000011768

- **c. LEI of Series:** 549300Y74XY0WXZBQ563

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

- **a. Date of fiscal year-end:** 2026-10-31

- **b. Date as of which information is reported:** 2026-04-30

**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:** $3880126434.56

**Total Liabilities:** $2155027.81

**Net Assets:** $3877971406.75

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000032194 | -2.79%               | -5.44%               | 9.22%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-43351722.52            | $-68258093.82                              |
| Month 2  | $-12169580.28            | $-196104221.23                             |
| Month 3  | $13711176.18             | $316905595.58                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| STRYKER CORP                       | STRYKER CORP COM                       | CUSIP: 863667101<br>LEI: 5493002F0SC4JTBU5137 | Long             | EC               | CORP              | US        |    163895 | NS      | $51648231.35  | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| TJX COMPANIES INC (THE)            | TJX COMPANIES INC (THE) COM            | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |    477435 | NS      | $74837936.25  | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| THERMO FISHER SCIENTIFIC INC       | THERMO FISHER SCIENTIFIC INC COM       | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |    159228 | NS      | $76263842.88  | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| TEXAS INSTRUMENTS INC              | TEXAS INSTRUMENTS INC COM              | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |    245671 | NS      | $69053204.68  | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| VISA INC                           | VISA INC COM CL A                      | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |    195120 | NS      | $64358380.80  | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| VULCAN MATERIALS COMPANY           | VULCAN MATERIALS COMPANY COM           | CUSIP: 929160109<br>LEI: 549300Q8LSNHAVWBNI21 | Long             | EC               | CORP              | US        |    190310 | NS      | $57424139.40  | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| WORKDAY INC                        | WORKDAY INC CL A                       | CUSIP: 98138H101<br>LEI: 549300J0DYC0N31V7G13 | Long             | EC               | CORP              | US        |    216220 | NS      | $26465328.00  | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| ZSCALER INC                        | ZSCALER INC COM                        | CUSIP: 98980G102<br>LEI: 529900MZ0RTK1BWRNF46 | Long             | EC               | CORP              | US        |    145225 | NS      | $18978003.00  | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| ALCON AG                           | ALCON AG ORD SHS                       | CUSIP: H01301128<br>LEI: 549300LDT5AP8S0NBM78 | Long             | EC               | CORP              | CH        |    685410 | NS      | $51316646.70  | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| AON PLC                            | AON PLC SHS CL A                       | CUSIP: G0403H108<br>LEI: 635400FALWQYX5E6QC64 | Long             | EC               | CORP              | IE        |    180507 | NS      | $56255006.55  | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| ASTRAZENECA PLC                    | ASTRAZENECA PLC ORD USD0.25            | CUSIP: G0593M107<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | EC               | CORP              | GB        |    358546 | NS      | $67180764.02  | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| EATON CORP PLC                     | EATON CORP PLC SHS                     | CUSIP: G29183103<br>LEI: 549300VDIGTMXUNT7H71 | Long             | EC               | CORP              | IE        |    165370 | NS      | $71606863.70  | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| JOHNSON CONTROLS INTERNATIONAL PLC | JOHNSON CONTROLS INTERNATIONAL PLC SHS | CUSIP: G51502105<br>LEI: 549300XQ6S1GYKGBL205 | Long             | EC               | CORP              | IE        |    438230 | NS      | $63994726.90  | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| SANOFI SA                          | SANOFI SA SPONSORED ADR                | CUSIP: 80105N105<br>LEI: 549300E9PC51EN656011 | Long             | EC               | CORP              | FR        |   1347460 | NS      | $62764686.80  | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| WASTE CONNECTIONS INC              | WASTE CONNECTIONS INC COM              | CUSIP: 94106B101<br>LEI: 549300HDLRTPBQU69P29 | Long             | EC               | CORP              | CA        |    434670 | NS      | $71598842.40  | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| US BANK MMDA                       | US BANK MMDA - USBGFS 9                | CUSIP: 8AMMF0JA0<br>LEI: N/A                  | Long             | STIV             |  | US        |  52672062 | NS      | $52672061.63  | 1.36%             |  |  |  | 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        |  45000000 | NS      | $45000000.00  | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| CINTAS CORP                        | CINTAS CORP COM                        | CUSIP: 172908105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    259210 | NS      | $45286579.10  | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| FASTENAL COMPANY                   | FASTENAL COMPANY COM                   | CUSIP: 311900104<br>LEI: 529900PP0C7H2HHPSJ32 | Long             | EC               | CORP              | US        |   1320580 | NS      | $59333659.40  | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| FORTIVE CORP                       | FORTIVE CORP COM                       | CUSIP: 34959J108<br>LEI: 549300MU9YQJYHDQEF63 | Long             | EC               | CORP              | US        |    650000 | NS      | $38863500.00  | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC                       | ALPHABET INC CAP STK CL C              | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    715030 | NS      | $273098558.20 | 7.04%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLE INC                          | APPLE INC COM                          | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |    659910 | NS      | $179066578.50 | 4.62%             |  |  |  | No            |                  1 | On Loan: No      |
| ADVANCED MICRO DEVICES INC         | ADVANCED MICRO DEVICES INC COM         | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |    208259 | NS      | $73825732.91  | 1.90%             |  |  |  | No            |                  1 | On Loan: No      |
| AMAZON.COM INC                     | AMAZON.COM INC COM                     | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |    869171 | NS      | $230382465.26 | 5.94%             |  |  |  | No            |                  1 | On Loan: No      |
| BROADCOM INC                       | BROADCOM INC COM                       | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |    241875 | NS      | $100965881.25 | 2.60%             |  |  |  | No            |                  1 | On Loan: No      |
| BOSTON SCIENTIFIC CORP             | BOSTON SCIENTIFIC CORP COM             | CUSIP: 101137107<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | EC               | CORP              | US        |    833685 | NS      | $48028592.85  | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| CADENCE DESIGN SYSTEMS INC         | CADENCE DESIGN SYSTEMS INC COM         | CUSIP: 127387108<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | EC               | CORP              | US        |    193628 | NS      | $63817852.52  | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| COSTCO WHOLESALE CORP              | COSTCO WHOLESALE CORP COM              | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |     84150 | NS      | $85372699.50  | 2.20%             |  |  |  | No            |                  1 | On Loan: No      |
| SALESFORCE INC                     | SALESFORCE INC COM                     | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |    274115 | NS      | $48389520.95  | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| HOME DEPOT INC (THE)               | HOME DEPOT INC (THE) COM               | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |    218308 | NS      | $71779670.40  | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE INC      | INTERCONTINENTAL EXCHANGE INC COM      | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |    435075 | NS      | $68781006.75  | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| ILLINOIS TOOL WORKS INC            | ILLINOIS TOOL WORKS INC COM            | CUSIP: 452308109<br>LEI: 76NA4I14SZCFAYMNSV04 | Long             | EC               | CORP              | US        |    151040 | NS      | $38969830.40  | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| JP MORGAN CHASE & COMPANY          | JP MORGAN CHASE & COMPANY COM          | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |    208430 | NS      | $65286528.90  | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| KLA CORP                           | KLA CORP COM NEW                       | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |     36850 | NS      | $64500397.50  | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| COCA-COLA COMPANY (THE)            | COCA-COLA COMPANY (THE) COM            | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |    683565 | NS      | $53837579.40  | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| ELI LILLY & COMPANY                | ELI LILLY & COMPANY COM                | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |     69685 | NS      | $65127601.00  | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| LAM RESEARCH CORP                  | LAM RESEARCH CORP COM NEW              | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |    221137 | NS      | $57022386.82  | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| MASTERCARD INC                     | MASTERCARD INC CL A                    | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |    120275 | NS      | $60488703.00  | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| MCDONALD'S CORP                    | MCDONALD'S CORP COM                    | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |    178045 | NS      | $52272231.55  | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| META PLATFORMS INC                 | META PLATFORMS INC CL A                | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |    118845 | NS      | $72722443.95  | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| MICROSOFT CORP                     | MICROSOFT CORP COM                     | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |    416093 | NS      | $169674403.54 | 4.38%             |  |  |  | No            |                  1 | On Loan: No      |
| NETFLIX INC                        | NETFLIX INC COM                        | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |    799985 | NS      | $74886595.85  | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| SERVICENOW INC                     | SERVICENOW INC COM                     | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |    442340 | NS      | $39063045.40  | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA CORP                        | NVIDIA CORP COM                        | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |   1152620 | NS      | $230028373.40 | 5.93%             |  |  |  | No            |                  1 | On Loan: No      |
| O'REILLY AUTOMOTIVE INC            | O'REILLY AUTOMOTIVE INC COM            | CUSIP: 67103H107<br>LEI: 549300K2RLMQL149Q332 | Long             | EC               | CORP              | US        |    732445 | NS      | $72805033.00  | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| PALO ALTO NETWORKS INC             | PALO ALTO NETWORKS INC COM             | CUSIP: 697435105<br>LEI: 549300QXR2YVZV231H43 | Long             | EC               | CORP              | US        |    342995 | NS      | $61505863.40  | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| ROPER TECHNOLOGIES INC             | ROPER TECHNOLOGIES INC COM             | CUSIP: 776696106<br>LEI: 54930003T4SXCIWVXY35 | Long             | EC               | CORP              | US        |    109055 | NS      | $38693804.55  | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| STARBUCKS CORP                     | STARBUCKS CORP COM                     | CUSIP: 855244109<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | EC               | CORP              | US        |    566690 | NS      | $59689457.70  | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| SHERWIN-WILLIAMS COMPANY (THE)     | SHERWIN-WILLIAMS COMPANY (THE) COM     | CUSIP: 824348106<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | EC               | CORP              | US        |    202240 | NS      | $65042406.40  | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| SNOWFLAKE INC                      | SNOWFLAKE INC COM SHS                  | CUSIP: 833445109<br>LEI: 254900CJNSY1K7T53Z16 | Long             | EC               | CORP              | US        |    243840 | NS      | $33276844.80  | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| SYNOPSYS INC                       | SYNOPSYS INC COM                       | CUSIP: 871607107<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | EC               | CORP              | US        |    134712 | NS      | $65012011.20  | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| S&P GLOBAL INC                     | S&P GLOBAL INC COM                     | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |    164740 | NS      | $71040830.20  | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-26

**Name of Applicant:** Nicholas Fund, Inc.

**Signature:** Jennifer Kloehn

**Name of Signer:** Jennifer Kloehn

**Title:** Treasurer