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Portfolio (Quarterly) Guide ↗

BAILARD, INC.

· CIK 0000750641
13F Portfolio $4.5B AUM 744 positions Filed Feb 4, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 744 New
Page 16 of 38  ·  744 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
301 AYI ACUITY INC Industrials 3,166.0 $1.1M 0.03% NEW $360.04 -21.5%
302 FR FIRST INDL RLTY TR INC Real Estate 19,800.0 $1.1M 0.03% NEW $57.27 +6.2%
303 GD GENERAL DYNAMICS CORP Industrials 3,360.0 $1.1M 0.03% NEW $336.71 -0.7%
304 APD AIR PRODS & CHEMS INC Basic Materials 4,578.0 $1.1M 0.03% NEW $247.02 +18.7%
305 NULV NUSHARES ETF TR 24,926.0 $1.1M 0.03% NEW $45.05 +10.8%
306 GE GE AEROSPACE Industrials 3,609.0 $1.1M 0.03% NEW $308.03 -8.6%
307 AMT AMERICAN TOWER CORP NEW Real Estate 6,331.0 $1.1M 0.03% NEW $175.59 +1.0%
308 UPWK UPWORK INC Industrials 56,072.0 $1.1M 0.03% NEW $19.82 -58.8%
309 HOG HARLEY DAVIDSON INC Consumer Cyclical 54,032.0 $1.1M 0.03% NEW $20.49 +22.9%
310 LYB LYONDELLBASELL INDUSTRIES N Basic Materials 25,200.0 $1.1M 0.02% NEW $43.30 +73.3%
311 PFE PFIZER INC Healthcare 43,360.0 $1.1M 0.02% NEW $24.90 +1.7%
312 EW EDWARDS LIFESCIENCES CORP Healthcare 12,431.0 $1.1M 0.02% NEW $85.25 -4.5%
313 NCLH NORWEGIAN CRUISE LINE HLDG L Consumer Cyclical 47,342.0 $1.1M 0.02% NEW $22.32 -30.5%
314 CMG CHIPOTLE MEXICAN GRILL INC Consumer Cyclical 28,516.0 $1.1M 0.02% NEW $37.00 -8.8%
315 EXC EXELON CORP Utilities 24,028.0 $1.0M 0.02% NEW $43.59 -0.5%
316 HASI HA SUSTAINABLE INFRA CAP INC Financial Services 33,312.0 $1.0M 0.02% NEW $31.43 +31.1%
317 TOTALENERGIES SE 15,987.0 $1.0M 0.02% NEW $65.42
318 UPST UPSTART HLDGS INC Financial Services 23,910.0 $1.0M 0.02% NEW $43.73 -32.5%
319 AMERICA MOVIL SAB DE CV 50,200.0 $1.0M 0.02% NEW $20.67
320 RMBS RAMBUS INC DEL Technology 11,079.0 $1.0M 0.02% NEW $91.89 +38.3%
Page 16 of 38  ·  744 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 33.6%
Financial Services 24.9%
Healthcare 10.2%
Communication Services 9.7%
Consumer Cyclical 6.6%
Industrials 6.2%
Consumer Defensive 3.3%
Energy 2.1%
Basic Materials 1.4%
Utilities 1.1%