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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 6 of 12  ·  228 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
101 VZ VERIZON COMMUNICATIONS INC Communication Services 37,804.0 $1.9M 0.04% -8K -16.9% $50.20 -9.5%
102 ECL ECOLAB INC Basic Materials 6,976.0 $1.9M 0.04% -98.0 -1.4% $266.02 +2.8%
103 MUFG MITSUBISHI UFJ FINANCIAL GRO Financial Services 109,125.0 $1.9M 0.04% -4K -3.7% $16.97 +23.7%
104 GWW WW GRAINGER INC Industrials 1,682.0 $1.8M 0.04% -20.0 -1.2% $1090.81 +21.5%
105 EBAY EBAY INC. Consumer Cyclical 19,174.0 $1.7M 0.04% -2K -11.0% $91.02 +20.2%
106 EA ELECTRONIC ARTS INC Communication Services 8,373.0 $1.7M 0.04% -354.0 -4.1% $203.87 -0.4%
107 SCHG SCHWAB STRATEGIC TR 57,852.0 $1.7M 0.04% -672.0 -1.1% $29.13 +16.2%
108 VOX VANGUARD WORLD FD 9,242.0 $1.7M 0.04% -851.0 -8.4% $179.84 +4.0%
109 IVE ISHARES TR 7,676.0 $1.6M 0.04% -756.0 -9.0% $211.15 +8.2%
110 XLE SELECT SECTOR SPDR TR 26,392.0 $1.6M 0.04% -448.0 -1.7% $61.26 -10.1%
111 XEL XCEL ENERGY INC Utilities 19,844.0 $1.6M 0.04% -680.0 -3.3% $79.44 -1.1%
112 TSME THRIVENT ETF TRUST 37,668.0 $1.6M 0.04% -355.0 -0.9% $41.58 +22.4%
113 CWI SPDR INDEX SHS FDS 42,546.0 $1.6M 0.04% -1K -3.0% $36.59 +12.8%
114 CASY CASEYS GEN STORES INC Consumer Cyclical 2,126.0 $1.5M 0.04% -20.0 -0.9% $727.86 +17.2%
115 CBRE CBRE GROUP INC Real Estate 10,905.0 $1.5M 0.03% -110.0 -1.0% $135.46 -0.0%
116 OTIS OTIS WORLDWIDE CORP Industrials 19,140.0 $1.5M 0.03% -550.0 -2.8% $77.08 -4.5%
117 XLRE SELECT SECTOR SPDR TR 35,568.0 $1.5M 0.03% -15K -29.2% $40.83 +9.3%
118 VPU VANGUARD WORLD FD 7,199.0 $1.4M 0.03% -228.0 -3.1% $198.14 -2.1%
119 SCHB SCHWAB STRATEGIC TR 56,274.0 $1.4M 0.03% -3K -4.3% $25.10 +15.6%
120 CECO CECO ENVIRONMENTAL CORP Industrials 23,700.0 $1.4M 0.03% -3K -12.3% $59.58 +57.2%
Page 6 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%