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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 9 of 12  ·  228 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
161 VV VANGUARD INDEX FDS 2,648.0 $791K 0.02% -62.0 -2.3% $298.85 +15.7%
162 AXON AXON ENTERPRISE INC Industrials 1,851.0 $786K 0.02% -281.0 -13.2% $424.74 +2.5%
163 HUM HUMANA INC Healthcare 4,504.0 $781K 0.02% -175.0 -3.7% $173.39 +113.1%
164 DHT DHT HOLDINGS INC Energy 41,300.0 $755K 0.02% -7K -15.2% $18.27 +0.8%
165 CNO CNO FINL GROUP INC Financial Services 18,031.0 $740K 0.02% -2K -8.9% $41.06 +24.3%
166 NFG NATIONAL FUEL GAS CO Energy 7,789.0 $732K 0.02% -1K -13.8% $93.96 -18.3%
167 VAW VANGUARD WORLD FD 3,229.0 $728K 0.02% -482.0 -13.0% $225.34 +5.6%
168 SMFG SUMITOMO MITSUI FIN GRP INC Financial Services 36,414.0 $719K 0.02% -2K -5.1% $19.75 +22.4%
169 DFUV DIMENSIONAL ETF TRUST 14,759.0 $715K 0.02% -300.0 -2.0% $48.46 +13.3%
170 CPF CENTRAL PAC FINL CORP Financial Services 21,836.0 $698K 0.02% -6K -21.6% $31.96 +12.8%
171 HCSG HEALTHCARE SVCS GROUP INC Healthcare 37,500.0 $696K 0.02% -1K -3.6% $18.55 +21.6%
172 LAUR LAUREATE ED INC Consumer Defensive 19,429.0 $677K 0.02% -3K -12.6% $34.84 +2.6%
173 CSX CSX CORP Industrials 15,867.0 $651K 0.01% -587.0 -3.6% $41.05 +14.2%
174 NHI NATIONAL HEALTH INVS INC Real Estate 7,900.0 $639K 0.01% -3K -24.8% $80.86 -11.4%
175 NWE NORTHWESTERN ENERGY GROUP IN Utilities 9,326.0 $615K 0.01% -1K -12.0% $65.94 +7.0%
176 MFG MIZUHO FINANCIAL GROUP INC Financial Services 77,042.0 $612K 0.01% -24K -23.5% $7.94 +22.9%
177 IJJ ISHARES TR 4,383.0 $581K 0.01% -474.0 -9.8% $132.50 +10.2%
178 ECPG ENCORE CAP GROUP INC Financial Services 8,200.0 $575K 0.01% -216.0 -2.6% $70.12 +18.3%
179 MTG MGIC INVT CORP WIS Financial Services 20,363.0 $535K 0.01% -1K -5.0% $26.25 +0.5%
180 WMB WILLIAMS COS INC Energy 7,252.0 $528K 0.01% -1K -15.3% $72.78 -1.8%
Page 9 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%