BAILARD, INC.

CIK: 0000750641SEC EDGAR →

Portfolio Value

$4.5B

Holdings

744

As of

Q4 2025

New Positions

744

Closed Positions

Portfolio Value History

Top 10 Holdings

Rank	Stock	Shares	Value	% of Portfolio
1	AAPL APPLE INC	828,481	$225.2M	4.99%
2	MSFT MICROSOFT CORP	422,852	$204.5M	4.53%
3	NVDA NVIDIA CORPORATION	914,400	$170.5M	3.78%
4	GOOGL ALPHABET INC	461,402	$144.4M	3.20%
5	SPY SPDR S&P 500 ETF TR	202,575	$138.1M	3.06%
6	NDQ INVESCO QQQ TR	220,922	$135.7M	3.00%
7	GQ9 SPDR GOLD TR	310,893	$123.2M	2.73%
8	EFA ISHARES TR	1,272,638	$122.2M	2.71%
9	GILD GILEAD SCIENCES INC	734,057	$90.1M	1.99%
10	VGT VANGUARD WORLD FD	113,885	$85.8M	1.90%

Quarterly Changes

Top Buys

AAPLNEW

$225.2M

MSFTNEW

$204.5M

NVDANEW

$170.5M

GOOGLNEW

$144.4M

SPYNEW

$138.1M

Top Sells

No sells this quarter

New Positions (744)

AAPL

$225.2M · 828K shares

MSFT

$204.5M · 423K shares

NVDA

$170.5M · 914K shares

GOOGL

$144.4M · 461K shares

SPY

$138.1M · 203K shares

NDQ

$135.7M · 221K shares

GQ9

$123.2M · 311K shares

EFA

$122.2M · 1.3M shares

$90.1M · 734K shares

$85.8M · 114K shares

$82.7M · 1.4M shares

$74.1M · 1.5M shares

$71.1M · 794K shares

$67.8M · 202K shares

$64.6M · 2.8M shares

$59.8M · 259K shares

$54.2M · 154K shares

$52.8M · 249K shares

$49.9M · 155K shares

$47.8M · 70K shares

$43.5M · 126K shares

$43.3M · 1.9M shares

$42.3M · 68K shares

$40.3M · 61K shares

$40.1M · 795K shares

$39.8M · 541K shares

$38.9M · 128K shares

$34.5M · 194K shares

$33.9M · 39K shares

$33.6M · 233K shares

$31.3M · 100K shares

$31.3M · 204K shares

$31.1M · 90K shares

$30.9M · 149K shares

$30.8M · 271K shares

$29.3M · 57K shares

$28.6M · 27K shares

$26.6M · 539K shares

$26.2M · 22K shares

$23.3M · 248K shares

$23.1M · 283K shares

$22.9M · 59K shares

QCOM

$22.6M · 132K shares

SUB

$21.3M · 200K shares

INTU

$20.7M · 31K shares

$20.4M · 142K shares

$20.3M · 307K shares

$19.9M · 60K shares

$19.5M · 106K shares

$19.3M · 33K shares

$19.3M · 202K shares

$18.8M · 60K shares

VEA

$18.7M · 300K shares

ETN

$18.1M · 57K shares

$17.5M · 80K shares

$17.3M · 102K shares

$16.8M · 130K shares

$16.6M · 177K shares

$16.6M · 32K shares

$16.3M · 304K shares

$16.3M · 107K shares

$16.2M · 50K shares

$15.9M · 69K shares

$15.8M · 294K shares

$15.4M · 34K shares

$14.7M · 29K shares

$14.6M · 159K shares

$14.6M · 122K shares

$14.3M · 212K shares

$13.7M · 13K shares

$13.5M · 248K shares

$13.2M · 49K shares

$12.9M · 56K shares

$12.5M · 69K shares

$12.5M · 227K shares

$12.5M · 129K shares

$12.4M · 113K shares

$12.4M · 51K shares

$12.3M · 35K shares

$12.2M · 63K shares

$12.2M · 79K shares

$12.1M · 231K shares

$11.7M · 93K shares

$11.6M · 40K shares

$11.6M · 38K shares

$11.6M · 131K shares

$11.5M · 149K shares

$11.4M · 79K shares

$11.4M · 89K shares

$11.3M · 40K shares

$11.3M · 20K shares

$11.1M · 98K shares

$10.6M · 51K shares

$10.5M · 150K shares

$10.1M · 191K shares

$10.0M · 198K shares

$9.7M · 56K shares

$9.7M · 25K shares

$9.5M · 213K shares

$9.3M · 22K shares

$9.2M · 37K shares

$8.9M · 13K shares

$8.9M · 55K shares

$8.8M · 368K shares

$8.7M · 41K shares

$8.7M · 25K shares

$8.4M · 67K shares

$8.3M · 180K shares

$8.2M · 8K shares

$7.9M · 21K shares

$7.8M · 45K shares

$7.8M · 67K shares

$7.8M · 27K shares

$7.7M · 30K shares

$7.4M · 101K shares

$7.3M · 133K shares

$7.2M · 25K shares

$7.0M · 55K shares

$7.0M · 43K shares

$6.9M · 91K shares

$6.8M · 101K shares

$6.8M · 90K shares

$6.7M · 23K shares

$6.7M · 14K shares

$6.3M · 138K shares

$6.1M · 19K shares

$6.1M · 45K shares

$6.1M · 19K shares

$6.0M · 242K shares

$6.0M · 72K shares

$5.8M · 64K shares

$5.8M · 215K shares

$5.5M · 42K shares

$5.5M · 45K shares

$5.4M · 67K shares

$5.3M · 53K shares

$5.2M · 112K shares

$5.1M · 20K shares

$5.0M · 114K shares

$5.0M · 20K shares

$4.9M · 24K shares

$4.9M · 6K shares

$4.9M · 53K shares

$4.8M · 16K shares

$4.8M · 170K shares

$4.8M · 89K shares

$4.7M · 42K shares

$4.7M · 21K shares

$4.6M · 35K shares

$4.4M · 97K shares

$4.4M · 152K shares

$4.4M · 118K shares

$4.3M · 22K shares

$4.2M · 14K shares

$4.2M · 64K shares

$4.1M · 47K shares

$4.0M · 39K shares

$4.0M · 75K shares

$4.0M · 34K shares

$4.0M · 31K shares

$4.0M · 7K shares

$4.0M · 34K shares

$4.0M · 15K shares

$3.9M · 10K shares

$3.9M · 7K shares

$3.9M · 198K shares

$3.9M · 18K shares

$3.9M · 61K shares

$3.8M · 45K shares

$3.8M · 18K shares

$3.8M · 47K shares

$3.8M · 142K shares

$3.7M · 16K shares

$3.7M · 22K shares

$3.6M · 6K shares

$3.6M · 15K shares

$3.6M · 16K shares

$3.6M · 56K shares

$3.5M · 18K shares

$3.4M · 38K shares

$3.4M · 10K shares

$3.4M · 67K shares

$3.4M · 30K shares

$3.4M · 35K shares

$3.3M · 969 shares

$3.3M · 13K shares

$3.3M · 23K shares

$3.3M · 45K shares

$3.2M · 98K shares

$3.2M · 87K shares

$3.2M · 23K shares

$3.2M · 52K shares

$3.1M · 47K shares

$3.0M · 9K shares

$2.9M · 69K shares

$2.9M · 62K shares

$2.8M · 46K shares

$2.8M · 20K shares

$2.7M · 29K shares

$2.7M · 26K shares

$2.7M · 19K shares

$2.7M · 5K shares

$2.6M · 89K shares

$2.6M · 3K shares

$2.6M · 6K shares

$2.6M · 89K shares

$2.6M · 56K shares

$2.6M · 31K shares

$2.5M · 23K shares

$2.5M · 36K shares

$2.4M · 13K shares

$2.4M · 47K shares

$2.4M · 9K shares

$2.4M · 64K shares

$2.4M · 19K shares

$2.3M · 21K shares

$2.3M · 23K shares

$2.3M · 9K shares

$2.2M · 26K shares

$2.2M · 23K shares

$2.2M · 6K shares

$2.2M · 413 shares

$2.2M · 52K shares

$2.2M · 11K shares

$2.1M · 20K shares

$2.1M · 3K shares

$2.0M · 43K shares

$2.0M · 50K shares

$2.0M · 14K shares

$2.0M · 10K shares

$2.0M · 4K shares

$2.0M · 10K shares

$1.9M · 24K shares

$1.9M · 59K shares

$1.9M · 7K shares

$1.9M · 66K shares

$1.9M · 22K shares

$1.9M · 2K shares

$1.9M · 7K shares

$1.9M · 45K shares

$1.8M · 4K shares

$1.8M · 10K shares

$1.8M · 137K shares

$1.8M · 113K shares

$1.8M · 4K shares

$1.8M · 9K shares

$1.8M · 8K shares

$1.8M · 9K shares

$1.8M · 11K shares

$1.7M · 20K shares

$1.7M · 2K shares

$1.7M · 18K shares

$1.7M · 5K shares

$1.6M · 50K shares

$1.6M · 17K shares

$1.6M · 27K shares

$1.6M · 6K shares

$1.6M · 38K shares

$1.6M · 44K shares

$1.6M · 14K shares

$1.5M · 38K shares

$1.5M · 59K shares

$1.5M · 20K shares

$1.5M · 13K shares

$1.5M · 21K shares

$1.5M · 8K shares

$1.5M · 40K shares

$1.5M · 18K shares

$1.5M · 19K shares

$1.5M · 3K shares

$1.4M · 31K shares

$1.4M · 56K shares

$1.4M · 13K shares

$1.4M · 42K shares

$1.4M · 3K shares

$1.4M · 7K shares

$1.4M · 20K shares

$1.4M · 6K shares

$1.4M · 13K shares

$1.3M · 11K shares

$1.3M · 5K shares

$1.3M · 9K shares

$1.3M · 4K shares

$1.3M · 5K shares

$1.3M · 27K shares

$1.3M · 4K shares

$1.3M · 180K shares

$1.3M · 17K shares

$1.3M · 21K shares

$1.3M · 9K shares

$1.2M · 8K shares

$1.2M · 10K shares

$1.2M · 27K shares

$1.2M · 2K shares

$1.2M · 18K shares

$1.2M · 27K shares

$1.2M · 5K shares

$1.2M · 2K shares

$1.2M · 6K shares

$1.2M · 23K shares

$1.1M · 3K shares

$1.1M · 20K shares

$1.1M · 3K shares

APD

$1.1M · 5K shares

NULV

$1.1M · 25K shares

$1.1M · 4K shares

$1.1M · 56K shares

$1.1M · 6K shares

$1.1M · 54K shares

$1.1M · 25K shares

$1.1M · 43K shares

$1.1M · 12K shares

$1.1M · 47K shares

$1.1M · 29K shares

$1.0M · 24K shares

$1.0M · 33K shares

$1.0M · 24K shares

$1.0M · 16K shares

$1.0M · 50K shares

$1.0M · 11K shares

$1.0M · 42K shares

$1.0M · 50K shares

$999K · 2K shares

$984K · 12K shares

$970K · 7K shares

$968K · 5K shares

$962K · 1K shares

$958K · 14K shares

$938K · 6K shares

$935K · 11K shares

$934K · 7K shares

$914K · 12K shares

$912K · 11K shares

$908K · 38K shares

$907K · 6K shares

$897K · 4K shares

$896K · 32K shares

$891K · 12K shares

$889K · 19K shares

$886K · 5K shares

$884K · 47K shares

$881K · 18K shares

$876K · 44K shares

$868K · 46K shares

$867K · 28K shares

$863K · 6K shares

$853K · 3K shares

$849K · 35K shares

$843K · 23K shares

$840K · 20K shares

$840K · 1K shares

$838K · 32K shares

$832K · 4K shares

$830K · 63K shares

$829K · 21K shares

$827K · 22K shares

$821K · 14K shares

$821K · 6K shares

$816K · 13K shares

$811K · 24K shares

$810K · 22K shares

$808K · 46K shares

$801K · 12K shares

$801K · 30K shares

$801K · 11K shares

$798K · 8K shares

$784K · 21K shares

$783K · 5K shares

$782K · 29K shares

$775K · 12K shares

$770K · 4K shares

$765K · 10K shares

$756K · 23K shares

$754K · 1 shares

$750K · 68K shares

$750K · 12K shares

$748K · 12K shares

$748K · 22K shares

$747K · 46K shares

$747K · 43K shares

$744K · 5K shares

$743K · 39K shares

$742K · 5K shares

$741K · 38K shares

$737K · 101K shares

$736K · 5K shares

$735K · 21K shares

$729K · 34K shares

$724K · 8K shares

$724K · 3K shares

$724K · 16K shares

$723K · 9K shares

$717K · 5K shares

$717K · 10K shares

$716K · 7K shares

$715K · 26K shares

$710K · 96K shares

$706K · 14K shares

$704K · 48K shares

$702K · 4K shares

$702K · 23K shares

$701K · 2K shares

$701K · 15K shares

$699K · 24K shares

$698K · 16K shares

$695K · 33K shares

$692K · 10K shares

$687K · 23K shares

$686K · 18K shares

$684K · 11K shares

$684K · 6K shares

$683K · 3K shares

$678K · 5K shares

$678K · 16K shares

$674K · 5K shares

$672K · 7K shares

$671K · 13K shares

$666K · 15K shares

$662K · 22K shares

$659K · 11K shares

$658K · 8K shares

$657K · 4K shares

$655K · 9K shares

$652K · 7K shares

$650K · 14K shares

$641K · 12K shares

$639K · 3K shares

$639K · 5K shares

$626K · 21K shares

$608K · 26K shares

$607K · 17K shares

$606K · 7K shares

$599K · 1K shares

$596K · 16K shares

$595K · 2K shares

$594K · 49K shares

$591K · 3K shares

$584K · 5K shares

$579K · 13K shares

$576K · 5K shares

$574K · 13K shares

$571K · 1K shares

$571K · 4K shares

$570K · 409 shares

$568K · 12K shares

$566K · 5K shares

$565K · 7K shares

$564K · 7K shares

$563K · 7K shares

$558K · 14K shares

$558K · 9K shares

$558K · 18K shares

$552K · 10K shares

$549K · 13K shares

$546K · 19K shares

$543K · 4K shares

$541K · 14K shares

$537K · 18K shares

$537K · 11K shares

$531K · 21K shares

$523K · 1K shares

$522K · 16K shares

$517K · 20K shares

$515K · 16K shares

$514K · 9K shares

$508K · 55K shares

$497K · 36K shares

$497K · 5K shares

$495K · 11K shares

$494K · 12K shares

$494K · 33K shares

$493K · 24K shares

$493K · 10K shares

$490K · 2K shares

$488K · 14K shares

$487K · 31K shares

$485K · 9K shares

$483K · 5K shares

$483K · 17K shares

$480K · 54K shares

$479K · 10K shares

$475K · 974 shares

$472K · 10K shares

$472K · 33K shares

$466K · 951 shares

$465K · 3K shares

$460K · 2K shares

$460K · 8K shares

$459K · 2K shares

$458K · 6K shares

$457K · 8K shares

$453K · 6K shares

$449K · 3K shares

$447K · 3K shares

$447K · 9K shares

$445K · 2K shares

$444K · 14K shares

$441K · 9K shares

$441K · 16K shares

$433K · 30K shares

$430K · 29K shares

$428K · 2K shares

$428K · 2K shares

$425K · 37K shares

$424K · 14K shares

$418K · 3K shares

$414K · 30K shares

$413K · 7K shares

$412K · 7K shares

$410K · 17K shares

$410K · 73K shares

$409K · 56K shares

$408K · 18K shares

$406K · 23K shares

$403K · 10K shares

$403K · 1K shares

$402K · 2K shares

$402K · 3K shares

$395K · 11K shares

$393K · 46K shares

$391K · 50K shares

$388K · 4K shares

$387K · 14K shares

BPOP

$385K · 3K shares

$379K · 2K shares

$378K · 25K shares

$378K · 11K shares

$378K · 8K shares

$376K · 16K shares

$370K · 6K shares

$370K · 2K shares

$359K · 8K shares

$358K · 4K shares

$358K · 3K shares

$356K · 6K shares

$355K · 34K shares

$346K · 8K shares

$345K · 10K shares

$343K · 9K shares

$342K · 18K shares

$335K · 5K shares

$331K · 4K shares

$329K · 18K shares

$328K · 3K shares

$326K · 4K shares

$326K · 5K shares

$323K · 10K shares

$321K · 3K shares

$319K · 39K shares

$319K · 4K shares

$319K · 3K shares

$311K · 19K shares

$310K · 18K shares

$310K · 1K shares

$309K · 38K shares

$308K · 6K shares

$308K · 2K shares

$307K · 2K shares

$307K · 5K shares

$304K · 45K shares

$303K · 7K shares

$302K · 8K shares

$297K · 2K shares

$297K · 4K shares

$296K · 6K shares

$295K · 8K shares

$294K · 608 shares

$292K · 29K shares

$290K · 10K shares

$290K · 3K shares

$289K · 8K shares

$288K · 4K shares

$286K · 49K shares

$285K · 9K shares

$284K · 235 shares

$284K · 5K shares

$284K · 9K shares

$283K · 17K shares

$283K · 1K shares

$283K · 41K shares

$283K · 1K shares

$281K · 2K shares

$280K · 75K shares

$280K · 27K shares

$280K · 15K shares

$280K · 4K shares

$280K · 13K shares

$280K · 20K shares

$279K · 13K shares

$279K · 6K shares

$278K · 1K shares

$278K · 23K shares

$277K · 4K shares

$277K · 3K shares

$276K · 19K shares

$276K · 2K shares

$275K · 7K shares

$275K · 1K shares

$275K · 6K shares

$275K · 2K shares

$274K · 6K shares

$274K · 15K shares

$273K · 13K shares

$273K · 12K shares

$272K · 9K shares

$272K · 47K shares

$272K · 19K shares

$271K · 671 shares

$271K · 10K shares

$271K · 20K shares

$271K · 2K shares

$271K · 14K shares

$270K · 2K shares

$270K · 5K shares

$269K · 5K shares

$269K · 23K shares

$267K · 36K shares

$267K · 2K shares

$266K · 7K shares

$265K · 2K shares

$265K · 37K shares

$265K · 6K shares

$265K · 2K shares

$265K · 4K shares

$265K · 4K shares

$265K · 20K shares

$265K · 17K shares

$264K · 8K shares

$264K · 1K shares

$264K · 9K shares

$264K · 46K shares

$264K · 29K shares

$263K · 4K shares

$263K · 7K shares

$263K · 19K shares

$262K · 9K shares

$261K · 13K shares

$261K · 6K shares

$260K · 2K shares

$260K · 124K shares

$259K · 9K shares

$259K · 41K shares

$259K · 89K shares

$258K · 6K shares

$256K · 2K shares

$255K · 5K shares

$254K · 2K shares

$252K · 10K shares

$252K · 2K shares

$252K · 450 shares

$252K · 1K shares

$249K · 3K shares

$245K · 12K shares

$245K · 60K shares

$244K · 655 shares

$243K · 4K shares

$243K · 27K shares

$243K · 3K shares

$242K · 12K shares

$240K · 1K shares

$239K · 9K shares

$238K · 5K shares

$238K · 10K shares

$235K · 504 shares

$234K · 3K shares

$234K · 12K shares

$233K · 13K shares

$232K · 6K shares

$232K · 6K shares

$230K · 6K shares

$230K · 5K shares

$229K · 46K shares

$229K · 5K shares

$225K · 43K shares

$224K · 5K shares

$224K · 30K shares

$224K · 18K shares

$222K · 2K shares

$221K · 3K shares

$221K · 3K shares

$221K · 2K shares

$219K · 18K shares

$218K · 4K shares

$218K · 11K shares

$217K · 3K shares

$217K · 5K shares

$216K · 7K shares

$215K · 75K shares

$215K · 8K shares

$215K · 16K shares

$215K · 19K shares

$214K · 4K shares

$214K · 14K shares

$214K · 21K shares

$213K · 16K shares

$213K · 243 shares

$213K · 5K shares

$212K · 309 shares

$212K · 3K shares

$211K · 37K shares

$211K · 6K shares

$210K · 7K shares

$210K · 20K shares

$210K · 661 shares

$209K · 21K shares

$208K · 11K shares

$208K · 14K shares

$208K · 2K shares

$205K · 4K shares

$205K · 21K shares

$205K · 858 shares

$204K · 753 shares

$204K · 1K shares

$203K · 7K shares

$201K · 3K shares

$200K · 5K shares

$198K · 25K shares

ZDGE

$197K · 60K shares

$194K · 19K shares

$192K · 15K shares

$190K · 78K shares

$190K · 37K shares

$180K · 92K shares

$174K · 21K shares

$165K · 14K shares

$147K · 29K shares

$141K · 12K shares

$133K · 12K shares

$131K · 35K shares

$130K · 24K shares

$121K · 10K shares

$120K · 15K shares

$117K · 63K shares

$115K · 13K shares

$114K · 19K shares

$106K · 17K shares

$80K · 11K shares

$78K · 58K shares

IDEAL PWR INC

$62K · 20K shares

$62K · 12K shares

$46K · 28K shares

$29K · 42K shares

$21K · 17K shares

Sector Breakdown

Sector	# Holdings	Value	%
Financial Services	246	$1.8B	39.6%
Technology	95	$1.0B	22.4%
Unknown	46	$467.4M	10.3%
Healthcare	68	$315.9M	7.0%
Communication Services	28	$290.6M	6.4%
Consumer Cyclical	55	$194.8M	4.3%
Industrials	87	$185.3M	4.1%
Consumer Defensive	20	$98.0M	2.2%
Energy	30	$63.0M	1.4%
Basic Materials	21	$43.4M	1.0%
Utilities	22	$30.0M	0.7%
Real Estate	26	$28.0M	0.6%