Baird Financial Group, Inc.
CIK
1648711
Location
MILWAUKEE, WI
Portfolio Value
Large
$43,276,526,464
Diversification
Diversified
Filing Date
Global Rank
#158
/ 8,588
▲ 1
Top Industry
Banks - Diversified
6.7%
3Y Alpha vs SPY
-5.7%
Period ended 3 months ago
Filed May 14, 2026 · 34d
25 quarters · since Mar 2020
Clone Performance
Jun 2023–Jun 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+54.3%
SPY
+78.1%
Annualised alpha
-5.7%
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
1,177 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top 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 |
|---|---|---|
| Technology | 23.7% | $10,254,233,095 |
| Financial Services | 18.8% | $8,153,893,231 |
| Industrials | 17.3% | $7,480,104,312 |
| Consumer Cyclical | 11.6% | $5,023,648,528 |
| Healthcare | 9.1% | $3,944,912,389 |
| Communication Services | 6.4% | $2,759,544,665 |
| Consumer Defensive | 4.0% | $1,746,643,825 |
| Energy | 2.7% | $1,178,200,037 |
| Unclassified | 2.3% | $985,402,029 |
| Basic Materials | 1.8% | $769,610,785 |
| Utilities | 1.6% | $682,922,469 |
| Real Estate | 0.7% | $297,411,099 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| 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 | Open |
|---|---|---|---|---|---|
| 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 | Open |
|---|---|---|---|---|
| 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 | Open |
|---|---|---|---|---|
| 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. | ||||
1,177 positions ·
$43,276,526,464 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 1,177 positions by value
· page 1 of 24
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| GERN |
Geron Corp
Healthcare
|
Held | 11,500 | $17,135 | 0.00% | |
| EDIT |
Editas Medicine, Inc.
Healthcare
|
Reduced | 10,169 | $25,117 | 0.00% | |
| OPAL |
OPAL Fuels Inc.
Utilities
|
Held | 13,249 | $33,387 | 0.00% | |
| NAK |
Northern Dynasty Minerals Ltd
Basic Materials
|
Held | 30,600 | $42,840 | 0.00% | |
| AUR |
Aurora Innovation, Inc.
Consumer Cyclical
|
Reduced | 10,650 | $43,878 | 0.00% | |
| BRNS |
Barinthus Biotherapeutics plc.
Healthcare
|
Held | 105,961 | $60,291 | 0.00% | |
| PNNT |
Pennantpark Investment Corp
Financial Services
|
Held | 13,725 | $61,625 | 0.00% | |
| RPAY |
Repay Holdings Corp
Technology
|
NEW | 25,000 | $65,000 | 0.00% | |
| SGMT |
Sagimet Biosciences Inc.
Healthcare
|
NEW | 13,086 | $68,374 | 0.00% | |
| LYG |
Lloyds Banking Group plc
Financial Services
|
Reduced | 17,348 | $87,260 | 0.00% | |
| GT |
Goodyear Tire & Rubber Co /Oh/
Consumer Cyclical
|
Added | 13,931 | $92,361 | 0.00% | |
| DHF |
Bny Mellon High Yield Strategies Fund
Financial Services
|
Held | 38,162 | $93,115 | 0.00% | |
| OIA |
Invesco Municipal Income Opportunities Trust
Financial Services
|
Reduced | 16,015 | $98,332 | 0.00% | |
| ASG |
Liberty All Star Growth Fund Inc.
Financial Services
|
Added | 21,989 | $104,447 | 0.00% | |
| EMBC |
Embecta Corp.
Healthcare
|
Reduced | 11,997 | $106,053 | 0.00% | |
| MMU |
Western Asset Managed Municipals Fund Inc.
Financial Services
|
NEW | 10,703 | $110,026 | 0.00% | |
| GEVO |
Gevo, Inc.
Basic Materials
|
Reduced | 41,500 | $113,295 | 0.00% | |
| EVG |
Eaton Vance Short Duration Diversified Income Fund
Financial Services
|
Held | 10,650 | $113,848 | 0.00% | |
| NOM |
NUVEEN MISSOURI QUALITY MUNICIPAL INCOME FUND
Financial Services
|
Held | 11,245 | $118,972 | 0.00% | |
| PTON |
Peloton Interactive, Inc.
Consumer Cyclical
|
Added | 27,827 | $119,377 | 0.00% | |
| III |
Information Services Group Inc.
Technology
|
Added | 31,445 | $120,748 | 0.00% | |
| TLS |
Telos Corp
Technology
|
Held | 30,000 | $125,700 | 0.00% | |
| MFM |
Mfs Municipal Income Trust
Financial Services
|
Added | 24,519 | $132,157 | 0.00% | |
| EXG |
Eaton Vance Tax-Managed Global Diversified Equity Income Fund
Financial Services
|
NEW | 15,926 | $137,918 | 0.00% | |
| QUAD |
Quad/Graphics, Inc.
Industrials
|
Held | 20,975 | $138,644 | 0.00% | |
| FLD |
Fold Holdings, Inc.
Financial Services
|
Held | 105,150 | $138,798 | 0.00% | |
| BKT |
Blackrock Income Trust, Inc.
Financial Services
|
Reduced | 13,894 | $146,859 | 0.00% | |
| MRCC |
MONROE CAPITAL Corp
Financial Services
|
Held | 33,969 | $156,257 | 0.00% | |
| USA |
Liberty All Star Equity Fund
Financial Services
|
Reduced | 28,596 | $158,707 | 0.00% | |
| QBTS |
D-Wave Quantum Inc.
Technology
|
NEW | 11,430 | $164,934 | 0.00% | |
| KPTI |
Karyopharm Therapeutics Inc.
Healthcare
|
Added | 29,791 | $165,935 | 0.00% | |
| MYGN |
Myriad Genetics Inc
Healthcare
|
Added | 38,338 | $172,520 | 0.00% | |
| EIM |
Eaton Vance Municipal Bond Fund
Financial Services
|
Added | 17,761 | $173,524 | 0.00% | |
| NXP |
Nuveen Select Tax Free Income Portfolio
Financial Services
|
NEW | 12,700 | $182,245 | 0.00% | |
| AMRX |
Amneal Pharmaceuticals, Inc.
Healthcare
|
NEW | 14,689 | $182,583 | 0.00% | |
| TITN |
Titan Machinery Inc.
Industrials
|
Held | 11,000 | $183,920 | 0.00% | |
| TAK |
Takeda Pharmaceutical Co Ltd
Healthcare
|
Held | 10,081 | $186,699 | 0.00% | |
| NVG |
Nuveen AMT-Free Municipal Credit Income Fund
Financial Services
|
Reduced | 15,310 | $188,771 | 0.00% | |
| ARLO |
Arlo Technologies, Inc.
Industrials
|
Added | 13,374 | $190,311 | 0.00% | |
| ET |
Energy Transfer LP
Energy
|
NEW | 10,001 | $193,019 | 0.00% | |
| GLQ |
Clough Global Equity Fund
Financial Services
|
NEW | 25,949 | $195,395 | 0.00% | |
| PBI |
Pitney Bowes Inc /De/
Industrials
|
Added | 17,783 | $196,501 | 0.00% | |
| CXW |
CoreCivic, Inc.
Industrials
|
NEW | 10,530 | $199,121 | 0.00% | |
| SEM |
Select Medical Holdings Corp
Healthcare
|
Added | 12,239 | $199,373 | 0.00% | |
| HSBC |
Hsbc Holdings PLC
Financial Services
|
NEW | 2,429 | $200,367 | 0.00% | |
| LRN |
Stride, Inc.
Consumer Defensive
|
NEW | 2,280 | $201,026 | 0.00% | |
| YELP |
Yelp Inc
Communication Services
|
NEW | 8,132 | $201,184 | 0.00% | |
| VTOL |
Bristow Group Inc.
Energy
|
NEW | 4,291 | $201,204 | 0.00% | |
| CGNX |
Cognex Corp
Technology
|
NEW | 4,117 | $201,691 | 0.00% | |
| CE |
Celanese Corp
Basic Materials
|
NEW | 3,068 | $201,782 | 0.00% |