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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 4 of 37  ·  736 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
61 IGM ISHARES TR 135,740.0 $16.1M 0.37% +6K +4.4% $118.51 +35.9%
62 NOW SERVICENOW INC Technology 149,505.0 $15.6M 0.36% +70K +88.4% $104.55 -3.1%
63 AZN ASTRAZENECA PLC Healthcare 78,509.0 $15.5M 0.36% NEW $197.22 -9.4%
64 IJR ISHARES TR 121,389.0 $15.1M 0.35% $124.31 +14.7%
65 UNH UNITEDHEALTH GROUP INC Healthcare 53,397.0 $14.4M 0.33% -7K -11.3% $270.59 +51.9%
66 INTU INTUIT Technology 32,629.0 $14.1M 0.32% +1K +4.4% $432.39 -35.0%
67 ACWX ISHARES TR 205,696.0 $14.1M 0.32% -7K -3.1% $68.47 +11.6%
68 EEM ISHARES TR 247,581.0 $14.1M 0.32% $56.79 +20.9%
69 BERKSHIRE HATHAWAY INC DEL 28,970.0 $13.9M 0.32% -292.0 -1.0% $479.20
70 SPGI S&P GLOBAL INC Financial Services 31,770.0 $13.5M 0.31% $425.34 +1.9%
71 VLO VALERO ENERGY CORP Energy 54,657.0 $13.5M 0.31% $247.08 +0.0%
72 BSX BOSTON SCIENTIFIC CORP Healthcare 213,197.0 $13.4M 0.31% +11K +5.5% $62.75 -25.2%
73 EXPE EXPEDIA GROUP INC Consumer Cyclical 56,661.0 $13.1M 0.30% +17K +42.0% $230.89 +5.5%
74 DHR DANAHER CORP DEL Healthcare 67,970.0 $12.9M 0.30% -1K -2.0% $189.60 -4.4%
75 IWN ISHARES TR 67,723.0 $12.8M 0.29% -1K -2.1% $189.59 +14.0%
76 IWR ISHARES TR 129,272.0 $12.6M 0.29% $97.23 +12.0%
77 LLY ELI LILLY & CO Healthcare 13,534.0 $12.4M 0.29% +762.0 +6.0% $919.79 +22.0%
78 AGZ ISHARES TR 113,101.0 $12.4M 0.28% $109.71 -0.4%
79 QCOM QUALCOMM INC Technology 95,553.0 $12.3M 0.28% -37K -27.8% $128.78 +66.2%
80 PEP PEPSICO INC Consumer Defensive 79,238.0 $12.3M 0.28% $155.29 -5.9%
Page 4 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%