Baird Financial Group, Inc.

CIK

1648711

Location

MILWAUKEE, WI

Portfolio Value

Large $43,269,607,490

Diversification

Diversified

Filing Date

Global Rank

#94 / 8,232 ▲ 5

Top Industry

Banks - Diversified 6.7%

3Y Alpha vs SPY

-5.1%

Period ended 2 months ago

Filed May 14, 2026 · 31d

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+54.9%

SPY

+76.3%

Annualised alpha

-5.1%

Max drawdown

−16.9%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

1,175 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

5.9%

−0.3 pts

Top 5

21.1%

−1.5 pts

Top 10

33.0%

−0.8 pts

HHI

172

Diversified−14

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	23.7%	$10,254,233,095	152
Financial Services	18.8%	$8,153,893,231	292
Industrials	17.3%	$7,479,191,861	174
Consumer Cyclical	11.6%	$5,023,648,528	115
Healthcare	9.1%	$3,944,912,389	121
Communication Services	6.4%	$2,759,544,665	34
Consumer Defensive	4.0%	$1,746,643,825	54
Energy	2.7%	$1,178,200,037	58
Unclassified	2.3%	$985,402,029	14
Basic Materials	1.8%	$769,610,785	62
Utilities	1.6%	$676,915,946	53
Real Estate	0.7%	$297,411,099	46

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
UBER	Uber Technologies, Inc	+4,732,231	5,535,270	$398,151,970
BEKE	KE Holdings Inc.	+1,337,036	5,617,800	$84,098,465
AMZN	Amazon Com Inc	+1,171,129	5,461,894	$1,137,548,662
ATOM	Atomera Inc	+965,560	1,277,680	$4,867,960
AMPX	Amprius Technologies, Inc.	+811,670	1,585,098	$26,724,751
BEPC	Brookfield Renewable Corp	+678,003	2,995,014	$119,291,407
FAST	Fastenal Co	+537,698	15,377,769	$713,528,481
SCHW	Schwab Charles Corp	+469,686	8,445,361	$793,695,025
WFC	Wells Fargo & Company/Mn	+425,913	5,982,815	$476,291,901
KMX	Carmax Inc	+407,153	3,068,452	$127,586,233
WEN	Wendy's Co	+374,716	384,946	$2,675,374
OMC	Omnicom Group Inc.	+355,706	4,710,039	$354,713,035
VSCO	Victoria's Secret & Co.	+351,380	415,662	$19,270,089
ALK	Alaska Air Group, Inc.	+346,757	485,967	$17,873,866
CP	Canadian Pacific Kansas City Ltd/Cn	+307,596	1,330,716	$104,674,120
OXY	Occidental Petroleum Corp /De/	+279,489	674,376	$43,834,440
PGR	Progressive Corp/Oh/	+262,122	4,139,552	$820,624,788
ORLY	O Reilly Automotive Inc	+255,506	6,841,844	$631,570,618
DAL	Delta Air Lines, Inc.	+242,142	310,187	$20,621,231
ULS	UL Solutions Inc.	+232,633	345,585	$29,620,090
DIS	Walt Disney Co	+222,608	4,976,161	$479,602,396
TJX	Tjx Companies Inc /De/	+216,366	4,358,195	$696,003,740
BPRE	Bluerock Private Real Estate Fund	+214,643	259,962	$4,317,968
SE	Sea Ltd	+209,634	828,142	$68,578,438
EOSE	Eos Energy Enterprises, Inc.	+208,331	789,141	$3,914,139
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
PLUG	Plug Power Inc	−1,985,472	1,084,247	$2,450,398
NVO	Novo Nordisk A S	−1,606,733	320,799	$11,789,363
SMTI	Sanara MedTech Inc.	−739,218	21,075	$362,068
CPRT	Copart Inc	−507,517	197,528	$6,557,929
PL	Planet Labs PBC	−285,606	560,562	$15,667,706
FOUR	Shift4 Payments, Inc.	−265,021	6,308	$275,848
ABT	Abbott Laboratories	−262,068	1,733,915	$178,021,052
USB	US Bancorp De	−252,385	1,723,048	$89,615,725
FISV	Fiserv Inc	−249,261	175,787	$9,808,914
SLV	iShares Silver Trust	−236,957	318,468	$21,700,409
CENX	Century Aluminum Co	−235,137	5,473	$321,209
RES	Rpc Inc	−230,138	123,499	$874,372
GEV	GE Vernova Inc.	−216,892	1,373,039	$1,198,525,742
CEF	Sprott Physical Gold & Silver Trust	−190,419	1,088,961	$51,965,218
BJ	BJ's Wholesale Club Holdings, Inc.	−187,378	148,206	$14,586,433
CROX	Crocs, Inc.	−181,157	30,239	$2,510,441
BWXT	BWX Technologies, Inc.	−159,920	49,426	$10,107,122
UUUU	Energy Fuels Inc	−159,734	389,667	$7,111,422
HBAN	Huntington Bancshares Inc /Md/	−158,078	722,621	$11,309,018
INFY	Infosys Ltd	−152,956	144,143	$1,947,371
FOXA	Fox Corp	−151,020	25,160	$1,469,343
RIVN	Rivian Automotive, Inc. / DE	−150,123	109,780	$1,652,189
F	Ford Motor Co	−148,240	134,193	$1,548,586
WMT	Walmart Inc.	−146,482	2,291,058	$284,732,686
MDU	Mdu Resources Group Inc	−144,846	167,919	$3,479,281
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
AZN	Astrazeneca PLC	133,378	$26,304,808
VG	Venture Global, Inc.	984,948	$15,522,780
RDW	Redwire Corp	1,287,833	$10,946,580
RNG	RingCentral, Inc.	236,212	$8,784,723
BRKR	Bruker Corp	228,672	$8,259,632
AVB	Avalonbay Communities Inc	36,279	$5,926,174
IONQ	IonQ, Inc.	179,248	$5,167,718
AGNC	AGNC Investment Corp.	430,725	$4,320,171
PATH	UiPath, Inc.	387,392	$4,300,050
AMRC	Ameresco, Inc.	150,521	$3,838,285
CRCL	Circle Internet Group, Inc.	36,581	$3,490,193
FTAI	FTAI Aviation Ltd.	12,469	$3,054,905
FN	Fabrinet	5,268	$2,747,366
LPG	Dorian Lpg Ltd.	76,222	$2,606,792
TWST	Twist Bioscience Corp	53,867	$2,559,759
TW	Tradeweb Markets Inc.	16,116	$1,896,208
NBTB	Nbt Bancorp Inc	42,931	$1,828,001
PBR	Petrobras - Petroleo Brasileiro SA	88,075	$1,827,556
LNTH	Lantheus Holdings, Inc.	23,343	$1,770,566
AQN	Algonquin Power & Utilities Corp.	258,719	$1,588,534
ONDS	Ondas Inc.	166,733	$1,507,266
HTHT	H World Group Ltd	29,519	$1,484,510
HTO	H2o America	24,322	$1,426,971
WU	Western Union CO	161,621	$1,410,951
MDLN	Medline Inc.	30,360	$1,351,020
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
HDB	Hdfc Bank Ltd	2,587,809	$94,558,540
TEAM	Atlassian Corp	408,007	$66,154,254
PEN	Penumbra Inc	145,675	$45,291,813
EXAS	EXACT SCIENCES CORP	309,269	$31,409,359
ELF	e.l.f. Beauty, Inc.	352,150	$26,777,486
EPAM	EPAM Systems, Inc.	127,663	$26,155,594
TREX	Trex Co Inc	354,436	$12,433,614
UAL	United Airlines Holdings, Inc.	81,209	$9,080,788
WRBY	Warby Parker Inc.	364,724	$7,947,335
CRDO	Credo Technology Group Holding Ltd	28,804	$4,144,607
BXP	BXP, Inc.	54,419	$3,672,194
EXLS	ExlService Holdings, Inc.	81,097	$3,441,755
SES	SES AI Corp	1,911,548	$3,440,786
DT	Dynatrace, Inc.	76,228	$3,303,721
ARRY	Array Technologies, Inc.	330,772	$3,049,717
GH	Guardant Health, Inc.	26,518	$2,708,548
GRAL	GRAIL, Inc.	31,074	$2,659,622
SHLS	Shoals Technologies Group, Inc.	288,840	$2,455,140
MNDY	monday.com Ltd.	16,311	$2,406,850
ESTC	Elastic N.V.	30,741	$2,319,101
RBRK	Rubrik, Inc.	30,245	$2,313,137
DYN	Dyne Therapeutics, Inc.	103,334	$2,021,213
INSP	Inspire Medical Systems, Inc.	21,910	$2,020,759
RKT	Rocket Companies, Inc.	99,454	$1,925,429
FUBO	FuboTV Inc.	62,938	$1,903,245
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

1,175 positions · $43,269,607,490 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 1,175 positions by value · page 1 of 24

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
AAPL	Apple Inc. Technology	Added	10,001,362	+126,144	$2,538,245,659	−5.5%	5.87%
MSFT	Microsoft Corp Technology	Added	5,782,718	+128,988	$2,140,588,721	−21.7%	4.95%
JPM	Jpmorgan Chase & Co Financial Services	Added	6,687,348	+111,187	$1,967,150,287	−7.2%	4.55%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	2,666,968	+67,246	$1,278,011,064	−2.2%	2.95%
GEV	GE Vernova Inc. Industrials	Reduced	1,373,039	-216,892	$1,198,525,742	+15.3%	2.77%
AMZN	Amazon Com Inc Consumer Cyclical	Added	5,461,894	+1,171,129	$1,137,548,662	+14.9%	2.63%
JNJ	Johnson & Johnson Healthcare	Added	4,524,578	+154,398	$1,105,987,845	+22.3%	2.56%
GE	General Electric Co Industrials	Reduced	3,480,286	-83,907	$987,600,756	−10.0%	2.28%
HD	Home Depot, Inc. Consumer Cyclical	Added	2,915,642	+106,993	$958,925,495	−0.8%	2.22%
META	Meta Platforms, Inc. Communication Services	Added	1,668,044	+70,211	$954,338,013	−9.5%	2.21%
NVDA	Nvidia Corp Technology	Added	4,892,044	+84,525	$853,172,473	−4.8%	1.97%
PGR	Progressive Corp/Oh/ Financial Services	Added	4,139,552	+262,122	$820,624,788	−7.1%	1.90%
SCHW	Schwab Charles Corp Financial Services	Added	8,445,361	+469,686	$793,695,025	−0.4%	1.83%
PH	Parker-Hannifin Corp Industrials	Reduced	875,351	-88,990	$783,649,228	−7.5%	1.81%
FAST	Fastenal Co Industrials	Added	15,377,769	+537,698	$713,528,481	+19.8%	1.65%
TJX	Tjx Companies Inc /De/ Consumer Cyclical	Added	4,358,195	+216,366	$696,003,740	+9.4%	1.61%
TEL	TE Connectivity plc Technology	Added	3,128,894	+153,928	$654,001,423	−3.4%	1.51%
ORLY	O Reilly Automotive Inc Consumer Cyclical	Added	6,841,844	+255,506	$631,570,618	+5.1%	1.46%
COST	Costco Wholesale Corp /New Consumer Defensive	Added	615,148	+17,038	$612,951,920	+18.8%	1.42%
AVGO	Broadcom Inc. Technology	Added	1,926,756	+36,428	$596,350,248	−8.8%	1.38%
GOOGL	Alphabet Inc. Communication Services	Reduced	1,939,965	-3,689	$557,856,334	−8.3%	1.29%
UNP	Union Pacific Corp Industrials	Added	2,076,555	+82,814	$503,813,773	+9.2%	1.16%
DIS	Walt Disney Co Communication Services	Added	4,976,161	+222,608	$479,602,396	−11.3%	1.11%
WFC	Wells Fargo & Company/Mn Financial Services	Added	5,982,815	+425,913	$476,291,901	−8.0%	1.10%
ABBV	AbbVie Inc. Healthcare	Reduced	1,950,203	-23,182	$424,149,649	−5.9%	0.98%
SPY	Spdr S&P 500 ETF Trust	Reduced	622,227	-24,931	$404,659,106	−8.3%	0.94%
DHR	Danaher Corp /De/ Healthcare	Added	2,125,922	+93,092	$403,074,810	−13.4%	0.93%
UBER	Uber Technologies, Inc Technology	Added	5,535,270	+4,732,231	$398,151,970	+506.8%	0.92%
OMC	Omnicom Group Inc. Communication Services	Added	4,710,039	+355,706	$354,713,035	+0.9%	0.82%
CVX	Chevron Corp Energy	Added	1,679,158	+106,281	$347,417,788	+44.9%	0.80%
V	Visa Inc. Financial Services	Added	1,107,291	+1,610	$334,667,630	−13.7%	0.77%
BAC	Bank Of America Corp /De/ Financial Services	Added	6,833,405	+161,104	$333,128,493	−9.2%	0.77%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Added	933,556	+105,641	$315,495,250	+25.4%	0.73%
EXPD	Expeditors International Of Washington Inc Industrials	Added	2,181,842	+96,084	$312,505,229	+0.5%	0.72%
WMT	Walmart Inc. Consumer Defensive	Reduced	2,291,058	-146,482	$284,732,686	+4.8%	0.66%
MA	Mastercard Inc Financial Services	Reduced	530,614	-5,029	$265,126,590	−13.3%	0.61%
LLY	ELI LILLY & Co Healthcare	Added	283,474	+7,380	$260,730,879	−12.1%	0.60%
XOM	Exxon Mobil Corp Energy	Reduced	1,356,023	-23,117	$230,062,861	+38.6%	0.53%
PG	PROCTER & GAMBLE Co Consumer Defensive	Reduced	1,546,922	-13,206	$223,437,412	−0.1%	0.52%
QQQ	Invesco Qqq Trust, Series 1	Reduced	384,148	-13,422	$221,722,542	−9.2%	0.51%
CAT	Caterpillar Inc Industrials	Reduced	306,859	-14,643	$217,397,326	+18.0%	0.50%
CSCO	Cisco Systems, Inc. Technology	Reduced	2,688,589	-114,767	$208,607,620	−3.4%	0.48%
MCD	Mcdonalds Corp Consumer Cyclical	Added	598,104	+21,231	$185,884,741	+5.4%	0.43%
ABT	Abbott Laboratories Healthcare	Reduced	1,733,915	-262,068	$178,021,052	−28.8%	0.41%
ETN	Eaton Corp plc Industrials	Added	467,195	+92,975	$167,101,635	+40.2%	0.39%
ASML	Asml Holding NV Technology	Reduced	122,814	-18,344	$162,216,414	+7.4%	0.37%
PEP	Pepsico Inc Consumer Defensive	Added	1,023,213	+80,982	$158,894,746	+17.5%	0.37%
BLK	BlackRock, Inc. Financial Services	Reduced	163,584	-13,969	$157,320,367	−17.2%	0.36%
APH	Amphenol Corp /De/ Technology	Added	1,187,029	+22,903	$149,981,113	−4.7%	0.35%
ADI	Analog Devices Inc Technology	Reduced	443,864	-23,045	$141,210,892	+11.5%	0.33%