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Portfolio (Quarterly) Guide ↗

BAILARD, INC.

· CIK 0000750641
13F Portfolio $4.4B AUM 736 positions Filed May 11, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 112 New 176 Added 228 Reduced 120 Exited
Page 4 of 6  ·  112 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
61 PAHC PHIBRO ANIMAL HEALTH CORP Healthcare 5,300.0 $293K 0.01% NEW $55.31 -42.4%
62 BBCP CONCRETE PUMPING HLDGS INC Industrials 40,900.0 $292K 0.01% NEW $7.14 +49.7%
63 RLGT RADIANT LOGISTICS INC Industrials 41,000.0 $289K 0.01% NEW $7.05 +28.7%
64 VLGEA VILLAGE SUPER MKT INC Consumer Defensive 6,800.0 $287K 0.01% NEW $42.23 -3.3%
65 SGC SUPERIOR GROUP OF CO INC Consumer Cyclical 28,240.0 $287K 0.01% NEW $10.16 +32.3%
66 VTOL BRISTOW GROUP INC Energy 6,100.0 $286K 0.01% NEW $46.89 -8.0%
67 CUSHMAN AND WAKEFIELD LTD 23,300.0 $286K 0.01% NEW $12.26
68 TCMD TACTILE SYS TECHNOLOGY INC Healthcare 10,881.0 $284K 0.01% NEW $26.13 +1.1%
69 MTRX MATRIX SVC CO Industrials 24,700.0 $284K 0.01% NEW $11.48 +19.1%
70 EWCZ EUROPEAN WAX CTR INC Consumer Defensive 48,630.0 $281K 0.01% NEW $5.78 +0.7%
71 EML EASTERN CO Industrials 13,787.0 $279K 0.01% NEW $20.24 +8.1%
72 EPAM EPAM SYS INC Technology 2,050.0 $278K 0.01% NEW $135.40 -31.1%
73 INFU INFUSYSTEM HLDGS INC Healthcare 29,700.0 $274K 0.01% NEW $9.23 -4.7%
74 CXDO CREXENDO INC Communication Services 43,800.0 $270K 0.01% NEW $6.17 +14.3%
75 BELFB BEL FUSE INC Technology 1,300.0 $257K 0.01% NEW $197.98 +48.1%
76 ALGM ALLEGRO MICROSYSTEMS INC Technology 8,100.0 $255K 0.01% NEW $31.53 +69.0%
77 NVO NOVO-NORDISK A S Healthcare 6,945.0 $255K 0.01% NEW $36.75 +18.5%
78 FMC FMC CORP Basic Materials 14,800.0 $255K 0.01% NEW $17.22 -32.6%
79 FMNB FARMERS NATIONAL BANC CORP Financial Services 19,200.0 $253K 0.01% NEW $13.16 +9.3%
80 BCC BOISE CASCADE CO DEL Basic Materials 3,300.0 $250K 0.01% NEW $75.85 -5.7%
Page 4 of 6  ·  112 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 32.0%
Financial Services 22.2%
Healthcare 11.2%
Communication Services 9.1%
Industrials 7.0%
Consumer Cyclical 6.8%
Consumer Defensive 4.0%
Energy 3.3%
Basic Materials 2.1%
Utilities 1.2%