BAILARD, INC.

CIK

750641

Location

Foster City, CA

Portfolio Value

Mid $3,166,999,783

Diversification

Diversified

Filing Date

Global Rank

#183 / 3,406 ▲ 797

Top Industry

Semiconductors 13.6%

3Y Alpha vs SPY

-0.7%

Period ended 31 days ago

Filed Jul 30, 2026 · 1d

26 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+65.0%

SPY

+67.7%

Annualised alpha

-0.6%

Max drawdown

−18.3%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

593 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

7.6%

+0.1 pts

Top 5

27.9%

+0.1 pts

Top 10

40.4%

−0.8 pts

HHI

231

Diversified−6

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Technology	35.7%	$1,130,975,303	92
Financial Services	11.6%	$366,785,375	99
Unclassified	10.3%	$326,553,431	9
Healthcare	10.0%	$316,059,485	73
Communication Services	8.0%	$254,016,716	26
Industrials	7.7%	$244,125,386	93
Consumer Cyclical	6.5%	$206,700,695	65
Consumer Defensive	3.6%	$113,197,761	27
Energy	2.4%	$75,682,267	29
Basic Materials	2.0%	$64,725,245	25
Real Estate	1.2%	$36,502,570	31
Utilities	1.0%	$31,675,549	24

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
KLAC	Kla Corp	+173,796	193,367	$58,340,757
QQQ	Invesco Qqq Trust, Series 1	+101,791	170,482	$125,542,944
NEOG	Neogen Corp	+42,600	83,100	$747,069
ANET	Arista Networks, Inc.	+41,577	77,868	$13,228,215
FMNB	Farmers National Banc Corp /Oh/	+34,395	53,595	$782,487
P	Everpure, Inc.	+31,193	186,711	$14,710,959
TWI	Titan International Inc	+28,700	102,800	$792,588
SHO	Sunstone Hotel Investors, Inc.	+28,300	87,700	$1,004,165
SE	Sea Ltd	+25,000	80,061	$7,672,245
BNL	Broadstone Net Lease, Inc.	+16,700	47,400	$979,758
VZ	Verizon Communications Inc	+15,647	53,451	$2,263,115
HOG	Harley-Davidson, Inc.	+14,243	68,108	$1,665,921
NI	Nisource Inc.	+13,591	65,002	$3,090,845
FMC	Fmc Corp	+13,000	27,800	$319,700
PANW	Palo Alto Networks Inc	+12,406	128,220	$43,725,584
HAPN	Happen, Inc.	+11,900	31,700	$657,458
ALK	Alaska Air Group, Inc.	+11,770	42,668	$2,227,269
JHG	Janus Henderson Group Ltd.	+11,688	54,350	$2,823,482
ASB	Associated Banc-Corp	+11,400	33,583	$1,033,348
LCUT	Lifetime Brands, Inc	+11,006	38,095	$324,950
PFE	Pfizer Inc	+8,700	51,454	$1,239,012
DHT	DHT Holdings, Inc.	+8,562	49,862	$824,218
DLX	Deluxe Corp	+7,800	35,200	$840,576
NWFL	Norwood Financial Corp	+7,350	22,724	$730,576
NMRK	Newmark Group, Inc.	+7,000	50,501	$763,070
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
GLD	Spdr Gold Trust	−188,021	107,198	$39,489,599
ITUB	Itau Unibanco Holding S.A.	−55,400	130,000	$1,062,100
DRH	DiamondRock Hospitality Co	−40,300	48,200	$587,076
UBER	Uber Technologies, Inc	−36,451	256,587	$18,515,317
BAC	Bank Of America Corp /De/	−30,637	196,263	$11,183,065
RELY	Remitly Global, Inc.	−29,500	30,000	$672,300
BSX	Boston Scientific Corp	−25,855	187,342	$7,995,756
NVDA	Nvidia Corp	−24,329	876,120	$175,302,850
ADBE	Adobe Inc.	−22,394	11,196	$2,295,403
INTC	Intel Corp	−20,079	54,691	$7,636,504
RFIL	R F Industries Ltd	−17,900	15,625	$331,406
COP	Conocophillips	−14,757	164,134	$17,063,370
FROG	JFrog Ltd	−14,398	27,931	$2,538,369
DDOG	Datadog, Inc.	−14,324	37,201	$9,685,652
INTU	Intuit Inc.	−14,263	18,366	$4,793,526
GIC	GLOBAL INDUSTRIAL Co	−13,700	6,100	$204,106
CWK	Cushman & Wakefield Ltd.	−13,200	10,100	$135,239
EFSC	Enterprise Financial Services Corp	−11,800	3,100	$204,228
IAU	Ishares Gold Trust	−11,512	35,451	$2,676,905
NOW	ServiceNow, Inc.	−10,831	138,674	$13,767,554
AII	American Integrity Insurance Group, Inc.	−10,400	15,900	$299,397
TDAY	USA TODAY Co., Inc.	−10,300	24,800	$212,040
KRT	Karat Packaging Inc.	−10,000	8,860	$296,455
AMX	America Movil Sab De Cv/	−10,000	40,285	$1,047,007
MCHP	Microchip Technology Inc	−9,292	50,639	$4,618,276
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
AER	AerCap Holdings N.V.	34,000	$4,956,520
SUNB	Sunbelt Rentals Holdings, Inc.	60,016	$4,489,796
HONA	Honeywell Aerospace Inc.	14,250	$3,146,400
CRDO	Credo Technology Group Holding Ltd	8,638	$2,349,104
CCEP	COCA-COLA EUROPACIFIC PARTNERS plc	20,515	$2,052,936
RHI	Robert Half Inc.	45,853	$1,407,687
HOOD	Robinhood Markets, Inc.	13,223	$1,326,002
VECO	Veeco Instruments Inc	15,733	$1,192,561
AMN	Amn Healthcare Services Inc	36,508	$1,181,763
HRI	Herc Holdings Inc	8,195	$1,174,671
XHR	Xenia Hotels & Resorts, Inc.	51,900	$1,056,684
NRIM	Northrim Bancorp Inc	36,900	$1,023,606
EPRT	Essential Properties Realty Trust, Inc.	34,180	$1,020,273
LFST	LifeStance Health Group, Inc.	85,500	$915,705
CTRE	CareTrust REIT, Inc.	22,000	$887,700
AA	Alcoa Corp	16,968	$884,711
DXPE	Dxp Enterprises Inc	5,200	$877,448
FLYW	Flywire Corp	45,800	$804,706
OMF	OneMain Holdings, Inc.	12,800	$780,416
HBAN	Huntington Bancshares Inc /Md/	43,900	$778,347
M	Macy's, Inc.	32,800	$772,440
JBSS	Sanfilippo John B & Son Inc	8,000	$687,920
ICHR	Ichor Holdings, Ltd.	6,100	$684,908
WAL	Western Alliance Bancorporation	8,270	$679,794
BLZE	Backblaze, Inc.	42,400	$672,464
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
WDC	Western Digital Corp	4,040	$1,092,779
SBRA	Sabra Health Care REIT, Inc.	50,692	$974,807
NXT	Nextpower Inc.	7,561	$911,478
NCLH	Norwegian Cruise Line Holdings Ltd.	48,096	$899,395
BKU	BankUnited, Inc.	19,200	$867,072
DAN	DANA Inc	25,600	$861,440
ORRF	Orrstown Financial Services Inc	23,400	$844,272
EHAB	Enhabit, Inc.	59,500	$838,355
SHBI	Shore Bancshares Inc	43,925	$820,519
DECK	Deckers Outdoor Corp	8,086	$809,327
RMBS	Rambus Inc	9,375	$806,531
AXON	Axon Enterprise, Inc.	1,851	$786,101
MYRG	Myr Group Inc.	2,700	$762,264
ST	Sensata Technologies Holding plc	21,510	$757,582
HLMN	Hillman Solutions Corp.	90,700	$754,624
REZI	Resideo Technologies, Inc.	22,342	$753,148
NTCT	Netscout Systems Inc	23,200	$737,528
HOLX	HOLOGIC INC	9,633	$728,158
PLUS	Eplus Inc	9,600	$722,400
GTES	Gates Industrial Corp plc	31,900	$721,259
NOV	NOV Inc.	37,700	$709,137
HCSG	Healthcare Services Group Inc	37,500	$695,625
MITT	TPG Mortgage Investment Trust, Inc.	89,326	$652,973
NHI	National Health Investors Inc	7,900	$638,794
SBH	Sally Beauty Holdings, Inc.	41,318	$572,254
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

593 tracked positions · $3,166,999,783 total · filing declares 763 positions · $4,912,123,782 · as of Jun 30, 2026

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

Showing 1–50 of 593 positions by value · page 1 of 12

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
AAPL	Apple Inc. Technology	Added	826,569	+5,223	$239,176,005	+14.7%	7.55%
NVDA	Nvidia Corp Technology	Reduced	876,120	-24,329	$175,302,850	+11.6%	5.54%
GOOGL	Alphabet Inc. Communication Services	Added	446,880	+4,671	$159,701,505	+25.6%	5.04%
MSFT	Microsoft Corp Technology	Added	421,507	+475	$157,230,541	+0.9%	4.96%
SPY	Spdr S&P 500 ETF Trust	Added	204,448	+2,975	$152,675,632	+16.5%	4.82%
QQQ	Invesco Qqq Trust, Series 1	Added	170,482	+101,791	$125,542,944	+216.7%	3.96%
GILD	Gilead Sciences, Inc. Healthcare	Added	734,610	+3,113	$92,810,627	−9.0%	2.93%
AMZN	Amazon Com Inc Consumer Cyclical	Added	265,938	+875	$63,383,662	+14.8%	2.00%
KLAC	Kla Corp Technology	Added	193,367	+173,796	$58,340,757	+102.5%	1.84%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Reduced	117,803	-2,653	$56,259,178	+38.2%	1.78%
V	Visa Inc. Financial Services	Reduced	151,620	-1,188	$52,019,305	+12.6%	1.64%
JPM	Jpmorgan Chase & Co Financial Services	Added	151,505	+1,158	$49,592,131	+12.1%	1.57%
AVGO	Broadcom Inc. Technology	Added	127,019	+5,968	$47,981,427	+28.1%	1.52%
PANW	Palo Alto Networks Inc Technology	Added	128,220	+12,406	$43,725,584	+135.5%	1.38%
CMI	Cummins Inc Industrials	Added	57,880	+825	$41,280,594	+34.5%	1.30%
MS	Morgan Stanley Financial Services	Reduced	189,664	-1,296	$39,647,362	+26.2%	1.25%
GLD	Spdr Gold Trust	Reduced	107,198	-188,021	$39,489,599	−68.9%	1.25%
JNJ	Johnson & Johnson Healthcare	Reduced	147,802	-1,209	$37,537,273	+3.1%	1.19%
COST	Costco Wholesale Corp /New Consumer Defensive	Added	40,082	+560	$37,495,508	−4.8%	1.18%
META	Meta Platforms, Inc. Communication Services	Reduced	59,306	-585	$33,406,476	−2.5%	1.05%
HD	Home Depot, Inc. Consumer Cyclical	Reduced	89,412	-757	$31,533,824	+6.3%	1.00%
TJX	Tjx Companies Inc /De/ Consumer Cyclical	Reduced	201,027	-2,669	$30,455,590	−6.4%	0.96%
TT	Trane Technologies plc Industrials	Added	60,055	+1,292	$29,496,613	+20.4%	0.93%
STLD	Steel Dynamics Inc Basic Materials	Reduced	115,658	-1,165	$26,538,884	+26.2%	0.84%
BLK	BlackRock, Inc. Financial Services	Reduced	26,361	-368	$25,347,683	−1.4%	0.80%
ETN	Eaton Corp plc Industrials	Reduced	57,109	-197	$24,335,287	+18.7%	0.77%
MU	Micron Technology Inc Technology	Reduced	20,946	-1,073	$24,177,758	+225.0%	0.76%
AMD	Advanced Micro Devices Inc Technology	Added	38,629	+5,008	$22,439,972	+228.1%	0.71%
UNH	Unitedhealth Group Inc Healthcare	Reduced	53,368	-29	$22,181,341	+53.5%	0.70%
CB	Chubb Ltd Financial Services	Reduced	58,736	-1,311	$20,013,704	+2.3%	0.63%
PG	PROCTER & GAMBLE Co Consumer Defensive	Reduced	135,388	-2,011	$19,853,296	+0.0%	0.63%
AMAT	Applied Materials Inc /De Technology	Reduced	26,857	-1,039	$19,417,611	+103.7%	0.61%
CVX	Chevron Corp Energy	Reduced	116,377	-7,478	$19,290,651	−24.7%	0.61%
CSCO	Cisco Systems, Inc. Technology	Added	160,683	+5,711	$18,873,825	+57.0%	0.60%
VRTX	Vertex Pharmaceuticals Inc / Ma Healthcare	Reduced	37,314	-548	$18,534,983	+9.6%	0.59%
UBER	Uber Technologies, Inc Technology	Reduced	256,587	-36,451	$18,515,317	−12.2%	0.58%
CAT	Caterpillar Inc Industrials	Added	16,943	+1,776	$18,042,600	+67.9%	0.57%
AMGN	Amgen Inc Healthcare	Reduced	49,586	-125	$17,956,082	+2.7%	0.57%
LRCX	Lam Research Corp Technology	Added	40,950	+1,262	$17,744,863	+109.3%	0.56%
QCOM	Qualcomm Inc/De Technology	Reduced	94,203	-1,350	$17,407,772	+41.5%	0.55%
WM	Waste Management Inc Industrials	Reduced	77,803	-1,918	$17,340,732	−5.3%	0.55%
NFLX	Netflix Inc Communication Services	Reduced	239,775	-2,127	$17,119,935	−26.4%	0.54%
COP	Conocophillips Energy	Reduced	164,134	-14,757	$17,063,370	−27.7%	0.54%
TXN	Texas Instruments Inc Technology	Added	56,474	+668	$16,833,205	+55.4%	0.53%
LLY	ELI LILLY & Co Healthcare	Reduced	13,510	-24	$16,204,300	+30.2%	0.51%
ASML	Asml Holding NV Technology	Added	7,906	+301	$15,728,511	+56.6%	0.50%
P	Everpure, Inc. Technology	Added	186,711	+31,193	$14,710,959	+60.2%	0.46%
EXPE	Expedia Group, Inc. Consumer Cyclical	Reduced	55,578	-1,083	$14,221,298	+8.7%	0.45%
ABBV	AbbVie Inc. Healthcare	Added	55,207	+1,825	$13,892,289	+19.7%	0.44%
NOW	ServiceNow, Inc. Technology	Reduced	138,674	-10,831	$13,767,554	−11.9%	0.43%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.