— Know what they know.
Not Investment Advice
Asset Manager ← All Institutions

BAILARD, INC.

Q4 2025 · Filed 2026-02-04
Market Value
$4.5B
-2.0%
Holdings
885
+9
New Purchases
121
Added To
209
Closed
153
Reduced
324
Top 10 Concentration
32.0%
Turnover
31.0%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
GOOGL 3.21% 2.48% +0.73% $144M
VTIP 0.59% 0.00% +0.59% $27M
GILD 2.00% 1.62% +0.38% $90M
AAPL 5.01% 4.71% +0.30% $225M
GLD 2.74% 2.44% +0.30% $123M
JMTG 1.65% 1.45% +0.20% $74M
SUB 0.47% 0.28% +0.19% $21M
GOVT 0.96% 0.79% +0.18% $43M
GOOG 0.70% 0.53% +0.16% $31M
AVGO 0.97% 0.82% +0.14% $44M
CMI 0.65% 0.55% +0.10% $29M
SPY 3.07% 2.98% +0.09% $138M
MS 0.77% 0.68% +0.09% $34M
IBTK 0.09% 0.00% +0.09% $4M
SPTI 0.10% 0.01% +0.08% $4M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
META 0.90% 1.32% -0.42% $40M
VOO 0.94% 1.34% -0.40% $42M
MSFT 4.55% 4.87% -0.32% $205M
NVDA 3.79% 4.05% -0.26% $171M
ORCL 0.27% 0.52% -0.24% $12M
FI 0.01% 0.24% -0.23% $326K
VWO 0.36% 0.59% -0.22% $16M
IJH 0.45% 0.64% -0.19% $20M
EFA 2.72% 2.91% -0.19% $122M
VB 0.05% 0.19% -0.14% $2M
NFLX 0.52% 0.65% -0.13% $23M
HD 0.69% 0.82% -0.13% $31M
IWM 0.20% 0.34% -0.13% $9M
IYR 0.02% 0.15% -0.13% $725K
AMD 0.19% 0.32% -0.13% $9M

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 75 $2.0B 45.3%
Large Cap 356 $1.9B 41.4%
Mid Cap 211 $461M 10.3%
Small Cap 194 $111M 2.5%
Micro Cap 49 $24M 0.5%

Portfolio Analytics

Avg Market Cap
$95.9B
Median Market Cap
$9.3B
Avg P/E
32.1
Median P/E
21.9
Avg Dividend Yield
0.02%
Avg Beta
1.01
# Stocks
708
# ETFs / Funds
177

Top Holdings (885 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 AAPL 5.01% 828,481 $225M $271.86 $9M -19,475 -2.3%
2 MSFT 4.55% 422,852 $205M $483.62 -$19M -8,071 -1.9%
3 NVDA 3.79% 914,400 $171M $186.50 -$15M -81,895 -8.2%
4 GOOGL 3.21% 461,402 $144M $313.00 $31M -7,190 -1.5%
5 SPY 3.07% 202,575 $138M $681.92 $2M -2,457 -1.2%
6 QQQ 3.02% 220,922 $136M $614.31 -$731K -6,347 -2.8%
7 GLD 2.74% 310,893 $123M $396.31 $11M -4,564 -1.4%
8 EFA 2.72% 1,272,638 $122M $96.03 -$11M -154,678 -10.8%
9 GILD 2.00% 734,057 $90M $122.74 $16M +65,056 +9.7%
10 VGT 1.91% 113,885 $86M $753.79 $950K +181 +0.2%
11 CMF 1.84% 1,439,125 $83M $57.46 $854K +4,372 +0.3%
12 JMTG 1.65% 1,450,504 $74M $51.06 $8M +150,367 +11.6%
13 IEFA 1.58% 794,385 $71M $89.46 $2M -247 -0.0%
14 VTI 1.51% 202,079 $68M $335.27 $180K -3,825 -1.9%
15 IBTG 1.44% 2,824,210 $65M $22.88 -$6M -271,689 -8.8%
16 AMZN 1.33% 258,962 $60M $230.82 $86K -12,876 -4.7%
17 V 1.20% 154,467 $54M $350.71 -$936K -6,964 -4.3%
18 VBR 1.17% 249,231 $53M $211.79 $1M +1,390 +0.6%
19 JPM 1.11% 154,817 $50M $322.22 -$1M -7,291 -4.5%
20 IVV 1.06% 69,847 $48M $684.94 $627K -695 -1.0%
21 AVGO 0.97% 125,712 $44M $346.10 $6M +11,338 +9.9%
22 GOVT 0.96% 1,879,087 $43M $23.03 $7M +319,691 +20.5%
23 VOO 0.94% 67,501 $42M $627.14 -$19M -32,986 -32.8%
24 META 0.90% 61,095 $40M $660.09 -$20M -21,266 -25.8%
25 JMUB 0.89% 794,545 $40M $50.50 $2M +31,886 +4.2%
26 VEU 0.88% 540,697 $40M $73.56 $3M +20,670 +4.0%
27 TSM 0.86% 127,890 $39M $303.89 -$272K -12,239 -8.7%
28 MS 0.77% 194,271 $34M $177.53 $3M -1,148 -0.6%
29 COST 0.75% 39,354 $34M $862.36 -$3M -754 -1.9%
30 XLK 0.75% 233,201 $34M $143.97 $286K +115,101 +97.5%
31 GOOG 0.70% 99,867 $31M $313.80 $7M -506 -0.5%
32 TJX 0.70% 203,821 $31M $153.61 $152K -11,742 -5.5%
33 HD 0.69% 90,342 $31M $344.10 -$7M -3,040 -3.3%
34 JNJ 0.69% 149,439 $31M $206.95 $3M -3,105 -2.0%
35 IJS 0.68% 270,840 $31M $113.72 $585K -2,374 -0.9%
36 CMI 0.65% 57,435 $29M $510.46 $4M -2,395 -4.0%
37 BLK 0.64% 26,691 $29M $1,070.34 -$4M -1,009 -3.6%
38 VTIP 0.59% 538,707 $27M $49.46 +538,707 NEW
39 KLAC 0.58% 21,598 $26M $1,215.08 $1M -1,534 -6.6%
40 NFLX 0.52% 248,046 $23M $93.76 -$7M +223,119 +895.1%
41 UBER 0.51% 282,988 $23M $81.71 -$4M +5,515 +2.0%
42 TT 0.51% 58,918 $23M $389.20 -$2M -911 -1.5%
43 QCOM 0.50% 132,313 $23M $171.05 $580K -246 -0.2%
44 SUB 0.47% 199,528 $21M $106.70 $8M +77,237 +63.2%
45 INTU 0.46% 31,255 $21M $662.42 -$2M -1,522 -4.6%
46 PG 0.45% 142,108 $20M $143.31 -$3M -11,845 -7.7%
47 IJH 0.45% 307,238 $20M $66.00 -$9M -145,297 -32.1%
48 UNH 0.44% 60,224 $20M $330.11 -$2M -3,685 -5.8%
49 PANW 0.43% 106,025 $20M $184.20 -$3M -3,415 -3.1%
50 SPOT 0.43% 33,284 $19M $580.71 -$4M -701 -2.1%
51 BSX 0.43% 202,156 $19M $95.35 -$587K -1,291 -0.6%
52 CB 0.42% 60,213 $19M $312.12 $1M -1,166 -1.9%
53 VEA 0.42% 299,526 $19M $62.47 $1M +7,801 +2.7%
54 ETN 0.40% 56,843 $18M $318.51 -$4M -1,901 -3.2%
55 WM 0.39% 79,667 $18M $219.71 -$859K -3,485 -4.2%
56 STLD 0.38% 102,031 $17M $169.45 $3M +865 +0.9%
57 IGM 0.37% 130,075 $17M $129.16 -$535K -7,563 -5.5%
58 COP 0.37% 177,475 $17M $93.61 -$91K +872 +0.5%
59 SPGI 0.37% 31,748 $17M $522.59 $1M +376 +1.2%
60 VWO 0.36% 303,791 $16M $53.76 -$11M -191,642 -38.7%
61 CVX 0.36% 107,005 $16M $152.41 -$2M -7,962 -6.9%
62 AMGN 0.36% 49,565 $16M $327.31 $3M +1,356 +2.8%
63 DHR 0.35% 69,384 $16M $228.92 $2M -713 -1.0%
64 IGIB 0.35% 294,024 $16M $53.88 $1M +21,190 +7.8%
65 VRTX 0.34% 33,975 $15M $453.36 $2M -664 -1.9%
66 BRK-B 0.33% 29,262 $15M $502.65 -$673K -1,334 -4.4%
67 IJR 0.32% 121,596 $15M $120.18 $54K -923 -0.8%
68 ACWX 0.32% 212,394 $14M $67.13 $814K +5,590 +2.7%
69 LLY 0.31% 12,772 $14M $1,074.70 $3M -634 -4.7%
70 EEM 0.30% 247,528 $14M $54.71 $314K -197 -0.1%
71 ACN 0.29% 49,138 $13M $268.30 -$236K -5,283 -9.7%
72 ABBV 0.29% 56,246 $13M $228.49 $2M +10,893 +24.0%
73 IWN 0.28% 69,165 $13M $181.21 $881K +3,260 +5.0%
74 BAC 0.28% 227,456 $13M $55.00 $790K +276 +0.1%
75 IWR 0.28% 129,460 $12M $96.27 -$76K -416 -0.3%
76 AGZ 0.28% 112,826 $12M $110.25 $271K +2,577 +2.3%
77 COF 0.27% 50,996 $12M $242.36 $2M +254 +0.5%
78 ADBE 0.27% 35,229 $12M $349.99 -$734K -1,806 -4.9%
79 ORCL 0.27% 62,727 $12M $194.91 -$11M -21,264 -25.3%
80 NOW 0.27% 79,350 $12M $153.19 -$2M +64,175 +422.9%
81 MUNI 0.27% 230,890 $12M $52.41 -$143K -3,315 -1.4%
82 ABT 0.26% 93,322 $12M $125.29 -$2M -6,536 -6.5%
83 VO 0.26% 40,041 $12M $290.23 -$134K +24 +0.1%
84 MCD 0.26% 37,918 $12M $305.63 $260K +637 +1.7%
85 VNQ 0.26% 130,662 $12M $88.49 -$5M -53,401 -29.0%
86 CSCO 0.26% 149,204 $11M $77.03 $808K -6,963 -4.5%
87 PEP 0.25% 79,214 $11M $143.52 $329K +605 +0.8%
88 PLD 0.25% 88,954 $11M $127.66 $196K -8,496 -8.7%
89 EXPE 0.25% 39,902 $11M $283.31 $3M +166 +0.4%
90 CAT 0.25% 19,655 $11M $572.87 $2M +379 +2.0%
91 DIS 0.25% 97,628 $11M $113.77 -$146K -651 -0.7%
92 PNC 0.24% 50,824 $11M $208.73 $451K +272 +0.5%
93 KO 0.23% 149,523 $10M $69.91 $384K -2,308 -1.5%
94 IGSB 0.22% 191,272 $10M $52.88 -$2M -28,874 -13.1%
95 EFAX 0.22% 197,825 $10M $50.47 $1M +20,331 +11.4%
96 TXN 0.22% 56,096 $10M $173.49 -$2M -5,332 -8.7%
97 VCR 0.22% 24,594 $10M $393.92 $232K +723 +3.0%
98 XJH 0.21% 213,468 $10M $44.65 $259K +2,022 +1.0%
99 LIN 0.21% 21,737 $9M $426.39 -$1M -876 -3.9%
100 IWM 0.20% 37,398 $9M $246.16 -$6M -26,251 -41.2%

New Positions

SymbolValue% Port
VTIP $27M 0.59%
IBTK $4M 0.09%
SNPS $2M 0.04%
DNOW $2M 0.04%
FIVE $1M 0.03%
RS $1M 0.03%
TOTB.DE $1M 0.02%
KSS $1M 0.02%
BRX $839K 0.02%
NRIM $802K 0.02%
NHI $802K 0.02%
REVG $750K 0.02%
PSTL $747K 0.02%
IWC $745K 0.02%
KRNY $711K 0.02%

Sold Out Positions

SymbolValue% Port
AAP —%
DY —%
FOUR —%
DDD —%
RYZ —%
ARE —%
SNOW —%
LFT —%
FRT —%
LPG —%
WSM —%
ESI —%
BV —%
HLLY —%
JOBY —%
View SEC EDGAR Filings for BAILARD, INC. →

Sign in to InsiderStreet

You'll also get our free weekly newsletter with
smart money signals, market insights, and alpha ideas.
Unsubscribe anytime.

For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms