BAILARD, INC.

CIK

750641

Location

Foster City, CA

Portfolio Value

Mid $3,166,999,783

Diversification

Diversified

Filing Date

Global Rank

#1,002 / 8,700 ▼ 113

Top Industry

Semiconductors 13.6%

Period ended 3 months ago

Filed Jul 30, 2026 · 47d

26 quarters · since Mar 2020

Portfolio Concentration

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

Top Position

7.6%

−9.7 pts

Top 5

27.9%

−5.5 pts

Top 10

40.4%

−8.1 pts

HHI

231

Diversified−208

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%	$243,938,306	92
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%	$64,912,325	26
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
—		+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
STT	State Street Corp	−128,830	1,188	$201,484
GOOGL	Alphabet Inc.	−92,078	446,880	$159,701,505
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
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
AAXJ	iShares MSCI All Country Asia ex Japan ETF	12,922,308	$731,251,752
VB	Vanguard Morningstar Small-Cap ETF	576,262	$165,305,323
BBAG	JPMorgan BetaBuilders U.S. Aggregate Bond ETF	2,520,851	$127,639,058
—		1,101,698	$96,070,875
VEU	Vanguard FTSE All-World Ex-US ETF	891,374	$61,629,638
EDV	Vanguard World Funds Extended Duration ETF	243,186	$41,024,202
XLBI	State Street Materials Select Sector SPDR Premium Income ETF	342,121	$38,895,523
FNDA	Schwab Fundamental U.S. Small Company ETF	899,326	$24,019,817
VEA	Vanguard FTSE Developed Markets ETF	307,596	$19,710,751
—		96,599	$16,634,504
BWX	State Street SPDR Bloomberg International Treasury Bond ETF	339,102	$15,275,001
BKF	iShares MSCI BIC ETF	249,887	$14,478,478
CWI	State Street SPDR MSCI ACWI ex-US ETF	290,461	$13,822,692
VIG	Vanguard Dividend Appreciation ETF	110,109	$12,056,563
VXUS	Vanguard Total International Stock ETF	92,874	$7,161,514
ASHR	Xtrackers Harvest CSI 300 China A-Shares ETF	121,060	$4,526,312
JA	Janus Henderson AA-A CLO ETF	98,520	$4,451,133
AIEQ	Amplify AI Powered Equity ETF	66,652	$4,404,230
ABI	VictoryShares Pioneer Asset-Based Income ETF	22,906	$4,396,119
VCRM	Vanguard Core Tax-Exempt Bond ETF	61,856	$3,085,995
TCPB	Thrivent Core Plus Bond ETF	37,668	$1,566,235
BNDW	Vanguard Total World Bond ETF	20,830	$1,240,426
NCLO	Nuveen AA-BBB CLO ETF	24,569	$1,117,889
WDC	Western Digital Corp	4,040	$1,092,779
ATMP	Barclays Bank PLC	22,000	$1,059,080
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	Reduced	446,880	-92,078	$159,701,505	+3.1%	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.