# BAILARD, INC.

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 750641. Source: https://holderbook.com/funds/750641-bailard-inc/

- Reported value: $4.9B
- Positions: 763
- Weight of the ten largest: 29.6%
- Filed: 2026-07-30

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $239.2M | 826,569 | 4.9% | 31 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $175.3M | 876,120 | 3.6% | 31 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $159.7M | 446,880 | 3.3% | 31 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $157.2M | 421,507 | 3.2% | 31 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $152.7M | 204,448 | 3.1% | 31 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $133.3M | 1,283,581 | 2.7% | 31 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $125.5M | 170,482 | 2.6% | 31 |
| VANGUARD WORLD FD | [VGT](https://holderbook.com/stocks/VGT/) | $109.0M | 912,145 | 2.2% | 31 |
| ISHARES TR | [IWN](https://holderbook.com/stocks/IWN/) | $107.4M | 485,652 | 2.2% | 31 |
| GILEAD SCIENCES INC | [GILD](https://holderbook.com/stocks/GILD/) | $92.8M | 734,610 | 1.9% | 31 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $78.1M | 808,653 | 1.6% | 31 |
| J P MORGAN EXCHANGE TRADED F | [JMTG](https://holderbook.com/stocks/JMTG/) | $76.6M | 1,511,914 | 1.6% | 4 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $72.4M | 195,704 | 1.5% | 31 |
| ISHARES TR | [CMF](https://holderbook.com/stocks/CMF/) | $69.9M | 1,213,415 | 1.4% | 31 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $63.4M | 265,938 | 1.3% | 31 |
| VANGUARD INDEX FDS | [VBR](https://holderbook.com/stocks/VBR/) | $62.6M | 257,473 | 1.3% | 31 |
| J P MORGAN EXCHANGE TRADED F | [JMST](https://holderbook.com/stocks/JMST/) | $58.5M | 1,147,099 | 1.2% | 7 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $58.3M | 193,367 | 1.2% | 31 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $56.3M | 117,803 | 1.1% | 31 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $52.0M | 151,620 | 1.1% | 31 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $51.7M | 68,986 | 1.1% | 31 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $49.6M | 151,505 | 1.0% | 31 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $48.0M | 127,019 | 1.0% | 31 |
| VANGUARD INTL EQUITY INDEX F | [VEU](https://holderbook.com/stocks/VEU/) | $45.8M | 547,454 | 0.9% | 31 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $45.0M | 65,548 | 0.9% | 31 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $44.1M | 231,511 | 0.9% | 31 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $43.7M | 128,220 | 0.9% | 18 |
| CUMMINS INC | [CMI](https://holderbook.com/stocks/CMI/) | $41.3M | 57,880 | 0.8% | 31 |
| ISHARES TR | [GOVT](https://holderbook.com/stocks/GOVT/) | $40.3M | 1,767,056 | 0.8% | 30 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $39.6M | 189,664 | 0.8% | 25 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $39.5M | 107,198 | 0.8% | 31 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $37.5M | 147,802 | 0.8% | 31 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $37.5M | 40,082 | 0.8% | 31 |
| ISHARES TR | [IJS](https://holderbook.com/stocks/IJS/) | $36.2M | 265,163 | 0.7% | 31 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $33.4M | 59,306 | 0.7% | 31 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $33.3M | 94,156 | 0.7% | 31 |
| J P MORGAN EXCHANGE TRADED F | [JMUB](https://holderbook.com/stocks/JMUB/) | $33.1M | 653,474 | 0.7% | 7 |
| ISHARES TR | [IBTI](https://holderbook.com/stocks/IBTI/) | $31.9M | 1,439,724 | 0.6% | 2 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $31.5M | 89,412 | 0.6% | 31 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $30.5M | 201,027 | 0.6% | 31 |
| TRANE TECHNOLOGIES PLC | [TT](https://holderbook.com/stocks/TT/) | $29.5M | 60,055 | 0.6% | 26 |
| STEEL DYNAMICS INC | [STLD](https://holderbook.com/stocks/STLD/) | $26.5M | 115,658 | 0.5% | 22 |
| BLACKROCK INC | [BLK](https://holderbook.com/stocks/BLK/) | $25.3M | 26,361 | 0.5% | 7 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $24.3M | 57,109 | 0.5% | 24 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $24.2M | 20,946 | 0.5% | 14 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $23.5M | 304,447 | 0.5% | 31 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $22.4M | 38,629 | 0.5% | 19 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $22.2M | 311,806 | 0.5% | 31 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $22.2M | 53,368 | 0.5% | 31 |
| ISHARES TR | [IGM](https://holderbook.com/stocks/IGM/) | $21.5M | 131,527 | 0.4% | 31 |
| ISHARES TR | [IGIB](https://holderbook.com/stocks/IGIB/) | $21.0M | 394,985 | 0.4% | 29 |
| CHUBB LIMITED | [CB](https://holderbook.com/stocks/CB/) | $20.0M | 58,736 | 0.4% | 17 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $19.9M | 135,388 | 0.4% | 31 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $19.4M | 26,857 | 0.4% | 31 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $19.4M | 325,238 | 0.4% | 31 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $19.3M | 116,377 | 0.4% | 31 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $18.9M | 160,683 | 0.4% | 31 |
| VERTEX PHARMACEUTICALS INC | [VRTX](https://holderbook.com/stocks/VRTX/) | $18.5M | 37,314 | 0.4% | 16 |
| UBER TECHNOLOGIES INC | [UBER](https://holderbook.com/stocks/UBER/) | $18.5M | 256,587 | 0.4% | 23 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $18.0M | 16,943 | 0.4% | 31 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $18.0M | 121,227 | 0.4% | 31 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $18.0M | 49,586 | 0.4% | 31 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $17.7M | 40,950 | 0.4% | 7 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $17.4M | 94,203 | 0.4% | 31 |
| WASTE MGMT INC DEL | [WM](https://holderbook.com/stocks/WM/) | $17.3M | 77,803 | 0.4% | 31 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $17.1M | 239,775 | 0.3% | 30 |
| CONOCOPHILLIPS | [COP](https://holderbook.com/stocks/COP/) | $17.1M | 164,134 | 0.3% | 31 |
| ISHARES TR | [EEM](https://holderbook.com/stocks/EEM/) | $16.8M | 246,168 | 0.3% | 31 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $16.8M | 56,474 | 0.3% | 31 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $16.2M | 13,510 | 0.3% | 31 |
| ISHARES TR | [ACWX](https://holderbook.com/stocks/ACWX/) | $15.8M | 208,194 | 0.3% | 31 |
| ASML HLDG NV | [ASML](https://holderbook.com/stocks/ASML/) | $15.7M | 7,906 | 0.3% | 29 |
| EVERPURE INC | [P](https://holderbook.com/stocks/P/) | $14.7M | 186,711 | 0.3% | 15 |
| ISHARES TR | [IWR](https://holderbook.com/stocks/IWR/) | $14.3M | 129,623 | 0.3% | 31 |
| EXPEDIA GROUP INC | [EXPE](https://holderbook.com/stocks/EXPE/) | $14.2M | 55,578 | 0.3% | 19 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $13.9M | 55,207 | 0.3% | 31 |
| SERVICENOW INC | [NOW](https://holderbook.com/stocks/NOW/) | $13.8M | 138,674 | 0.3% | 28 |
| ISHARES TR | [AGZ](https://holderbook.com/stocks/AGZ/) | $13.7M | 125,583 | 0.3% | 6 |
| VANGUARD WORLD FD | [ESGV](https://holderbook.com/stocks/ESGV/) | $13.6M | 102,967 | 0.3% | 11 |
| SPDR INDEX SHS FDS | [EFAX](https://holderbook.com/stocks/EFAX/) | $13.6M | 251,570 | 0.3% | 15 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $13.5M | 26,988 | 0.3% | 31 |
| ASTRAZENECA PLC | [AZN](https://holderbook.com/stocks/AZN/) | $13.4M | 70,691 | 0.3% | 2 |
| SPOTIFY TECHNOLOGY S A | [SPOT](https://holderbook.com/stocks/SPOT/) | $13.3M | 28,977 | 0.3% | 10 |
| ARISTA NETWORKS INC | [ANET](https://holderbook.com/stocks/ANET/) | $13.2M | 77,868 | 0.3% | 5 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $13.0M | 160,943 | 0.3% | 25 |
| S&P GLOBAL INC | [SPGI](https://holderbook.com/stocks/SPGI/) | $12.8M | 31,329 | 0.3% | 28 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $12.7M | 66,702 | 0.3% | 31 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $12.6M | 155,251 | 0.3% | 31 |
| ISHARES TR | [FLOT](https://holderbook.com/stocks/FLOT/) | $12.3M | 240,655 | 0.3% | 1 |
| VALERO ENERGY CORP | [VLO](https://holderbook.com/stocks/VLO/) | $12.2M | 46,788 | 0.2% | 26 |
| PROLOGIS INC. | [PLD](https://holderbook.com/stocks/PLD/) | $12.0M | 88,283 | 0.2% | 31 |
| ISHARES TR | [XJH](https://holderbook.com/stocks/XJH/) | $11.6M | 222,809 | 0.2% | 16 |
| LINDE PLC | [LIN](https://holderbook.com/stocks/LIN/) | $11.6M | 22,266 | 0.2% | 14 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $11.2M | 196,263 | 0.2% | 31 |
| ISHARES TR | [SUB](https://holderbook.com/stocks/SUB/) | $11.1M | 104,008 | 0.2% | 17 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $10.8M | 35,988 | 0.2% | 31 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $10.5M | 77,557 | 0.2% | 31 |
| ISHARES TR | [IBTK](https://holderbook.com/stocks/IBTK/) | $10.5M | 536,041 | 0.2% | 3 |
| SCHWAB STRATEGIC TR | [SCHF](https://holderbook.com/stocks/SCHF/) | $10.1M | 364,051 | 0.2% | 31 |
| ISHARES TR | [ESML](https://holderbook.com/stocks/ESML/) | $9.9M | 176,748 | 0.2% | 31 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +11.9% | +14.8% | -2.9% | 100% |
| Q1 2026 | -3.0% | -4.6% | +1.7% | 100% |
| Q4 2025 | +1.9% | +2.4% | -0.5% | 100% |
| Q3 2025 | +7.6% | +7.8% | -0.3% | 100% |
| Q2 2025 | +8.7% | +10.5% | -1.7% | 100% |
| Q1 2025 | -3.1% | -4.6% | +1.5% | 100% |
| Q4 2024 | +0.3% | +2.1% | -1.9% | 100% |
| Q3 2024 | +5.0% | +5.4% | -0.4% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $4.9B | 763 |
| Q1 2026 | $4.4B | 736 |
| Q4 2025 | $4.5B | 744 |
| Q3 2025 | $4.6B | 777 |
| Q2 2025 | $4.3B | 754 |
| Q1 2025 | $3.9B | 735 |
| Q4 2024 | $3.9B | 725 |
| Q3 2024 | $3.8B | 734 |
| Q2 2024 | $3.6B | 722 |
| Q1 2024 | $3.6B | 731 |
| Q4 2023 | $3.4B | 703 |
| Q3 2023 | $3.0B | 694 |