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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 17 of 37  ·  736 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
321 GE GE AEROSPACE Industrials 3,632.0 $1.0M 0.02% +23.0 +0.6% $283.77 +25.8%
322 GSK GSK PLC Healthcare 18,617.0 $1.0M 0.02% +640.0 +3.6% $55.19 -5.5%
323 NGG NATIONAL GRID PLC Utilities 12,064.0 $1.0M 0.02% +2K +21.9% $84.60 -4.6%
324 DNOW DNOW INC Energy 84,761.0 $1.0M 0.02% -53K -38.3% $11.91 +13.5%
325 IWS ISHARES TR 6,879.0 $1.0M 0.02% $145.74 +10.8%
326 EW EDWARDS LIFESCIENCES CORP Healthcare 12,288.0 $984K 0.02% -143.0 -1.1% $80.08 +8.2%
327 SBRA SABRA HEALTH CARE REIT INC Real Estate 50,692.0 $975K 0.02% +4K +8.5% $19.23 -6.1%
328 CMG CHIPOTLE MEXICAN GRILL INC Consumer Cyclical 30,169.0 $966K 0.02% +2K +5.8% $32.01 -0.5%
329 BHP BHP BILLITON LIMITED Basic Materials 13,110.0 $954K 0.02% +715.0 +5.8% $72.74 +24.2%
330 TM TOYOTA MOTOR CORP Consumer Cyclical 4,601.0 $948K 0.02% +77.0 +1.7% $206.11 -16.2%
331 IXUS ISHARES TR 10,781.0 $934K 0.02% $86.64 +10.5%
332 RELY REMITLY GLOBAL INC Technology 59,500.0 $932K 0.02% +30K +98.3% $15.67 +30.4%
333 CSTM CONSTELLIUM SE Basic Materials 37,900.0 $932K 0.02% -8K -17.8% $24.58 +37.0%
334 IBB ISHARES TR 5,462.0 $922K 0.02% -101.0 -1.8% $168.85 +2.7%
335 BX BLACKSTONE INC Financial Services 7,950.0 $914K 0.02% -76.0 -0.9% $114.99 +8.7%
336 NXT NEXTPOWER INC Technology 7,561.0 $911K 0.02% NEW $120.55 +2.3%
337 NCLH NORWEGIAN CRUISE LINE HLDGS Consumer Cyclical 48,096.0 $899K 0.02% +754.0 +1.6% $18.70 +6.0%
338 DIEBOLD NIXDORF INC 11,800.0 $890K 0.02% $75.44
339 ACWI ISHARES TR 6,413.0 $887K 0.02% $138.39 +12.6%
340 FRME FIRST MERCHANTS CORP Financial Services 22,700.0 $879K 0.02% +200.0 +0.9% $38.73 +4.8%
Page 17 of 37  ·  736 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%