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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 2 of 12  ·  228 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 CMI CUMMINS INC Industrials 57,055.0 $30.7M 0.71% -380.0 -0.7% $538.03 +22.6%
22 KLAC KLA CORP Technology 19,571.0 $28.8M 0.66% -2K -9.4% $1472.42 -82.7%
23 GOOG ALPHABET INC Communication Services 96,749.0 $27.8M 0.64% -3K -3.1% $286.86 +24.9%
24 NFLX NETFLIX INC. Communication Services 241,902.0 $23.3M 0.54% -6K -2.5% $96.15 -16.4%
25 PG PROCTER & GAMBLE CO Consumer Defensive 137,399.0 $19.8M 0.46% -5K -3.3% $144.44 +3.6%
26 SUB ISHARES TR 174,632.0 $18.6M 0.43% -25K -12.5% $106.50 -0.1%
27 UNH UNITEDHEALTH GROUP INC Healthcare 53,397.0 $14.4M 0.33% -7K -11.3% $270.59 +49.9%
28 ACWX ISHARES TR 205,696.0 $14.1M 0.32% -7K -3.1% $68.47 +11.7%
29 BERKSHIRE HATHAWAY INC DEL 28,970.0 $13.9M 0.32% -292.0 -1.0% $479.20
30 DHR DANAHER CORP DEL Healthcare 67,970.0 $12.9M 0.30% -1K -2.0% $189.60 -5.0%
31 IWN ISHARES TR 67,723.0 $12.8M 0.29% -1K -2.1% $189.59 +15.2%
32 QCOM QUALCOMM INC Technology 95,553.0 $12.3M 0.28% -37K -27.8% $128.78 +64.4%
33 ABBV ABBVIE INC Healthcare 53,382.0 $11.6M 0.27% -3K -5.1% $217.49 +4.7%
34 MCD MCDONALDS CORP Consumer Cyclical 36,873.0 $11.5M 0.26% -1K -2.8% $310.80 -8.4%
35 TXN TEXAS INSTRS INC Technology 55,806.0 $10.8M 0.25% -290.0 -0.5% $194.14 +53.0%
36 CAT CATERPILLAR INC Industrials 15,167.0 $10.7M 0.25% -4K -22.8% $708.47 +28.5%
37 ASML ASML HLDG NV Technology 7,605.0 $10.0M 0.23% -87.0 -1.1% $1320.99 +41.1%
38 MUNI PIMCO ETF TR 190,635.0 $9.9M 0.23% -40K -17.4% $52.19 +0.3%
39 AMAT APPLIED MATLS INC Technology 27,896.0 $9.5M 0.22% -2K -7.5% $341.79 +66.0%
40 DIS DISNEY WALT CO Communication Services 95,456.0 $9.2M 0.21% -2K -2.2% $96.38 +3.8%
Page 2 of 12  ·  228 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%