BI

Bailard, INC.

Diversified strategyMomentum follower

Total reported value

$4.4B

Reporting period: 2026-03-31 · Number of holdings: 736

BAILARD, INC. disclosed 736 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $4.4B and a quarterly turnover rate of 21.3%.

Personality snowflake

Concentration
5.47
Portfolio Stability
21.29
Momentum/Contrarian
100
Sector conviction
56.7
Diversification
100
Sizing Uniformity
69.88

Recent moves

  • Trim QQQ

    -68.9%　-$96.1M

  • Add BIL

    +1487.3%　$87.3M

  • Trim MSFT

    -0.4%　-$48.6M

  • Trim IBTG

    -43.1%　-$27.8M

  • Add GILD

    -0.3%　$11.9M

  • Add JMST

    +620.4%　$14.8M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#TickerIssuerAsset SubclassWeightWeight ChangeShares Change4Q Trend
1AAPLApple INCStock-Tech4.79%-0.20%-0.86%
2NVDANvidia CORPStock-Tech3.61%-0.17%-1.53%
3MSFTMicrosoft CORPStock-Tech3.58%-0.95%-0.43%
4SPYSs Spdr S&p 500 ETF Trust-usETF-Large Cap & Growth3.01%-0.05%-0.54%
5GOOGLAlphabet Inc-cl AStock-Comm Services2.92%-0.28%-4.16%
6GLDSpdr Gold SharesETF-Commodities2.92%+0.19%-5.04%
7EFAIshares Msci Eafe ETFETF-Other2.85%—+0.19%
8GILDGilead Sciences INCStock-Healthcare2.34%+0.35%-0.35%
9BILSs Spdr Bb 1-3m T-bill ETFETF-Gov Bonds2.14%+2.01%+1487.33%
10VGTVanguard Info Tech ETFETF-Tech1.82%-0.08%-0.37%
11JMTGMortgage-backed SecuritiesETF-Other1.71%—+0.39%
12IEFAIshares Core Msci Eafe ETFETF-Other1.69%—+2.09%
13CMFIshares California Muni BondETF-Other1.61%-0.22%-14.21%
14VTIVanguard Total Stock Mkt ETFETF-Other1.47%-0.03%-1.38%
15AMZNAmazon.com INCStock-Consumer Disc1.27%-0.05%+2.36%
16VBRVanguard Small-cap Value ETFETF-Other1.27%—+1.79%
17GOVTIshares US Treasury Bond ETFETF-Gov Bonds1.24%+0.28%+25.18%
18VVisa Inc-class A SharesStock-Financials1.06%-0.14%-1.07%
19IVVIshares Core S&p 500 ETFETF-Large Cap & Growth1.03%—-1.35%
20JPMJpmorgan Chase & CoStock-Financials1.02%-0.08%-2.89%
21TSMTaiwan Semiconductor-sp AdrStock-Tech0.94%—-5.81%
22VEUVanguard Ftse All-world Ex-uETF-Other0.93%—-0.09%
23QQQInvesco Qqq Trust Series 1ETF-Tech0.91%-2.09%-68.91%
24COSTCostco Wholesale CORPStock-Consumer Staples0.91%+0.16%+0.43%
25VOOVanguard S&p 500 ETFETF-Large Cap & Growth0.90%—-2.85%
26AVGOBroadcom INCStock-Tech0.86%-0.10%-3.71%
27IBTGIshares Ibonds Dec 2026 TermETF-Other0.85%-0.58%-43.13%
28JNJJohnson & JohnsonStock-Healthcare0.84%+0.16%-0.29%
29METAMeta Platforms Inc-class AStock-Comm Services0.79%-0.10%-1.97%
30JMUBJpmorgan Municipal ETFETF-Other0.78%-0.11%-14.40%
31TJXTjx Companies INCStock-Consumer Disc0.75%—-0.06%
32IJSIshares S&p Small-cap 600 VaETF-Other0.73%—-0.66%
33MSMorgan StanleyStock-Financials0.72%—-1.70%
34XLKSs Technology Select SectorETF-Tech0.71%—-0.68%
35CMICummins INCStock-Industrials0.71%—-0.66%
36IBTIIshares Ibonds Dec 2028 TermETF-Other0.70%+0.70%NEW
37HDHome Depot INCStock-Consumer Disc0.68%—-0.19%
38KLACKla CORPStock-Tech0.66%—-9.39%
39GOOGAlphabet Inc-cl CStock-Comm Services0.64%-0.05%-3.12%
40BLKBlackrock INCStock-Financials0.59%—+0.14%
41CVXChevron CORPStock-Energy0.59%+0.23%+15.75%
42TTTrane Technologies plcStock-Industrials0.56%—-0.26%
43COPConocophillipsStock-Energy0.54%+0.17%+0.80%
44NFLXNetflix INCStock-Comm Services0.53%—-2.48%
45IGIBIshares 5-10y Inv Grade CORPETF-Corp Bonds0.53%+0.18%+48.02%
46UBERUber Technologies INCStock-Industrials0.48%—+3.55%
47STLDSteel Dynamics INCStock-Materials0.48%+0.10%+14.50%
48IJHIshares Core S&p Midcap ETFETF-Other0.48%—-0.26%
49ETNEaton Corporation plcStock-Industrials0.47%—+0.81%
50PGProcter & Gamble Co/theStock-Consumer Staples0.46%—-3.31%
1–50 of 736

Holding changes this quarter

Bailard, INC.'s most significant position changes for 2026-03-31: New buy: Ishares Ibonds Dec 2028 Term (IBTI); Sold out: Vanguard Short-term Tips (VTIP); New buy: AstraZeneca PLC (AZN); Sold out: Astrazeneca Plc-spons Adr (AZNN); New buy: Nasdaq INC (NDAQ).

Position changes disclosed by Bailard, INC. for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#TickerIssuerWeight ChangeShares ChangeAction
1BILSs Spdr Bb 1-3m T-bill ETF+2%+1487.33%Add
2GILDGilead Sciences INC+0.4%-0.35%Trim
3JMSTJPM Ultra-short Muni Income+0.3%+620.38%Add
4GOVTIshares US Treasury Bond ETF+0.3%+25.18%Add
5CVXChevron CORP+0.2%+15.75%Add
6GLDSpdr Gold Shares+0.2%-5.04%Trim
7IGIBIshares 5-10y Inv Grade CORP+0.2%+48.02%Add
8COPConocophillips+0.2%+0.80%Add
9JNJJohnson & Johnson+0.2%-0.29%Trim
10COSTCostco Wholesale CORP+0.2%+0.43%Add
11IBTKIshares Ibonds Dec 2030 Trea+0.2%+172.91%Add
12VLOValero Energy CORP+0.1%-0.21%Trim
13STLDSteel Dynamics INC+0.1%+14.50%Add
14NOWServicenow INC+0.1%+88.41%Add
15VTIVanguard Total Stock Mkt ETF0%-1.38%Trim
16SPYSs Spdr S&p 500 ETF Trust-us-0.1%-0.54%Trim
17AMZNAmazon.com INC-0.1%+2.36%Add
18GOOGAlphabet Inc-cl C-0.1%-3.12%Trim
19COFCapital One Financial CORP-0.1%-5.77%Trim
20VNQVanguard Real Estate ETF-0.1%-29.60%Trim
21VGTVanguard Info Tech ETF-0.1%-0.37%Trim
22JPMJpmorgan Chase & Co-0.1%-2.89%Trim
23ADBEAdobe INC-0.1%-4.65%Trim
24DUKDuke Energy CORP-0.1%-93.70%Trim
25APPApplovin Corp-class A-0.1%-11.49%Trim
26DASHDoordash INC - A-0.1%-85.27%Trim
27METAMeta Platforms Inc-class A-0.1%-1.97%Trim
28AVGOBroadcom INC-0.1%-3.71%Trim
29JMUBJpmorgan Municipal ETF-0.1%-14.40%Trim
30UNHUnitedhealth Group INC-0.1%-11.34%Trim
31IGSBIshares 1-5y Inv Grade CORP-0.1%-51.47%Trim
32BSXBoston Scientific CORP-0.1%+5.46%Add
33VVisa Inc-class A Shares-0.1%-1.07%Trim
34INTUIntuit INC-0.1%+4.40%Add
35ORCLOracle CORP-0.2%-49.39%Trim
36NVDANvidia CORP-0.2%-1.53%Trim
37AAPLApple INC-0.2%-0.86%Trim
38CMFIshares California Muni Bond-0.2%-14.21%Trim
39QCOMQualcomm INC-0.2%-27.78%Trim
40GOOGLAlphabet Inc-cl A-0.3%-4.16%Trim
41IBTGIshares Ibonds Dec 2026 Term-0.6%-43.13%Trim
42MSFTMicrosoft CORP-1%-0.43%Trim
43QQQInvesco Qqq Trust Series 1-2.1%-68.91%Trim
44IBTIIshares Ibonds Dec 2028 Term—NEWNew buy
45VTIPVanguard Short-term Tips—EXITSold out
46AZNAstraZeneca PLC—NEWNew buy
47AZNNAstrazeneca Plc-spons Adr—EXITSold out
48NDAQNasdaq INC—NEWNew buy
49SPTLSs Spdr Pf Lng Trm Tsy E-usd—EXITSold out
50NTRNutrien LTD—NEWNew buy

FAQ

What is Bailard, INC. and what type of investor is it?
Bailard, INC. is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $4.4B, spread across 736 disclosed positions.
What are Bailard, INC.'s largest equity positions?
Based on the latest 13F filing, Bailard, INC.'s top holdings by market value are: 1. Apple INC (AAPL) — $208.4M (4.8%) 2. Nvidia CORP (NVDA) — $157.0M (3.6%) 3. Microsoft CORP (MSFT) — $155.9M (3.6%) 4. Ss Spdr S&p 500 ETF Trust-us (SPY) — $131.0M (3.0%) 5. Alphabet Inc-cl A (GOOGL) — $127.2M (2.9%)
What changes did Bailard, INC. make in its most recent portfolio filing?
In the latest reported quarter, Bailard, INC. made 50 notable position adjustments: 4 new positions were initiated, 13 existing holdings were added to, 30 positions were partially reduced, and 3 were completely exited. The largest of these moves: New buy: Ishares Ibonds Dec 2028 Term (IBTI); Sold out: Vanguard Short-term Tips (VTIP); New buy: AstraZeneca PLC (AZN); Sold out: Astrazeneca Plc-spons Adr (AZNN); New buy: Nasdaq INC (NDAQ)
What sectors does Bailard, INC. focus on?
Bailard, INC. is concentrated in the following sectors based on its current disclosed equity portfolio: • Information Technology: 36.0% • Health Care: 12.7% • Financials: 12.5% • Communication Services: 10.6% • Industrials: 8.4% • Consumer Discretionary: 7.5%