AI Portfolio Summary
In 2025 Q4, BAILARD, INC. maintained a portfolio of 898 distinct positions. The most significant new addition to the portfolio was VANGUARD MALVERN FDS, which now represents 0.59% of the total fund value. They heavily accumulated shares in GILEAD SCIENCES INC, increasing their position by 9.7%. The fund also reduced its exposure to VANGUARD INDEX FDS by 32.8%.
Total Positions
898
Quarter
2025 Q4
Top Holding
AAPL (5.0%)
Top 10 Concentration
31.9%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-50 of 898
| Stock | History | Sector / Type | Port % | Prev % | Rank / Prev | Conviction | Change | % Change | Influence | Shares | Mkt Value | Avg Cost | Price Held | 1st Owned | Source | Source Date | Date Reported |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
AAPL
APPLE INC
|
Technology | 4.99% | 4.69% |
#1
1
Prev: #2
|
4.5 | -19,475 | -2.3% |
P
S
|
828,481 | $225,230,903 | 2003 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
MSFT
MICROSOFT CORP
|
Technology | 4.53% | 4.85% |
#2
1
Prev: #1
|
3.8 | -8,071 | -1.9% |
P
S
|
422,852 | $204,500,001 | 1999 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
NVDA
NVIDIA CORPORAT...
|
Technology | 3.78% | 4.04% |
#3
Prev: #3
|
3.0 | -81,895 | -8.2% |
P
S
|
914,400 | $170,535,735 | 2003 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
GOOGL
ALPHABET INC
|
Communication Services | 3.20% | 2.48% |
#4
3
Prev: #7
|
2.3 | -7,190 | -1.5% |
P
S
|
461,402 | $144,418,846 | 2015 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
SPY
SPDR S&P 500 ET...
|
ETF | 3.06% | 2.97% |
#5
1
Prev: #4
|
2.2 | -2,457 | -1.2% |
P
S
|
202,575 | $138,140,505 | 2001 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
QQQ
INVESCO QQQ TR
|
ETF | 3.00% | 2.96% |
#6
1
Prev: #5
|
1.7 | -6,347 | -2.8% |
P
S
|
220,922 | $135,714,673 | 1999 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
GLD
SPDR GOLD TR
|
ETF | 2.73% | 2.44% |
#7
1
Prev: #8
|
1.6 | -4,564 | -1.4% |
P
S
|
310,893 | $123,210,005 | 2009 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
EFA
ISHARES TR
|
ETF | 2.71% | 2.90% |
#8
2
Prev: #6
|
1.6 | -154,678 | -10.8% |
P
S
|
1,272,638 | $122,211,463 | 2003 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
GILD
GILEAD SCIENCES...
|
Healthcare | 1.99% | 1.61% |
#9
2
Prev: #11
|
2.8 | 65,056 | 9.7% |
P
S
|
734,057 | $90,098,190 | 2003 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
VGT
VANGUARD WORLD ...
|
ETF | 1.90% | 1.84% |
#10
1
Prev: #9
|
1.3 | 181 | 0.2% |
P
S
|
113,885 | $85,845,059 | 2013 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CMF
ISHARES TR
|
ETF | 1.83% | 1.78% |
#11
1
Prev: #10
|
1.2 | 4,372 | 0.3% |
P
S
|
1,439,125 | $82,692,123 | 2012 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
JMTG
J P MORGAN EXCH...
|
Unknown | 1.64% | 1.44% |
#12
3
Prev: #15
|
2.7 | 150,367 | 11.6% |
P
S
|
1,450,504 | $74,062,734 | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
IEFA
ISHARES TR
|
ETF | 1.57% | 1.51% |
#13
Prev: #13
|
1.1 | -247 | -0.0% |
P
S
|
794,385 | $71,065,713 | 2018 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
VTI
VANGUARD INDEX ...
|
ETF | 1.50% | 1.47% |
#14
Prev: #14
|
1.1 | -3,825 | -1.9% |
P
S
|
202,079 | $67,751,215 | 2013 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
IBTG
ISHARES TR
|
Bond/Debt | 1.43% | 1.54% |
#15
3
Prev: #12
|
1.1 | -271,689 | -8.8% |
P
S
|
2,824,210 | $64,603,806 | 2023 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
AMZN
AMAZON COM INC
|
Consumer Cyclical | 1.32% | 1.30% |
#16
2
Prev: #18
|
1.0 | -12,876 | -4.7% |
P
S
|
258,962 | $59,773,609 | 1999 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
V
VISA INC
|
Financial Services | 1.20% | 1.20% |
#17
2
Prev: #19
|
1.0 | -6,964 | -4.3% |
P
S
|
154,467 | $54,173,144 | 2015 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
VBR
VANGUARD INDEX ...
|
ETF | 1.17% | 1.12% |
#18
2
Prev: #20
|
1.0 | 1,390 | 0.6% |
P
S
|
249,231 | $52,784,827 | 2008 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
JPM
JPMORGAN CHASE ...
|
Financial Services | 1.10% | 1.11% |
#19
2
Prev: #21
|
0.9 | -7,291 | -4.5% |
P
S
|
154,817 | $49,885,294 | 2001 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
IVV
ISHARES TR
|
ETF | 1.06% | 1.03% |
#20
2
Prev: #22
|
0.9 | -695 | -1.0% |
P
S
|
69,847 | $47,841,165 | 2003 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
AVGO
BROADCOM INC
|
Technology | 0.96% | 0.82% |
#21
5
Prev: #26
|
2.4 | 11,338 | 9.9% |
P
S
|
125,712 | $43,508,923 | 2017 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
GOVT
ISHARES TR
|
ETF | 0.96% | 0.78% |
#22
7
Prev: #29
|
2.9 | 319,691 | 20.5% |
P
S
|
1,879,087 | $43,265,980 | 2019 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
VOO
VANGUARD INDEX ...
|
ETF | 0.94% | 1.34% |
#23
7
Prev: #16
|
0.4 | -32,986 | -32.8% |
P
S
|
67,501 | $42,332,310 | 2018 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
META
META PLATFORMS ...
|
Communication Services | 0.89% | 1.31% |
#24
7
Prev: #17
|
0.4 | -21,266 | -25.8% |
P
S
|
61,095 | $40,328,398 | 2013 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
JMUB
J P MORGAN EXCH...
|
ETF | 0.89% | 0.84% |
#25
1
Prev: #24
|
0.9 | 31,886 | 4.2% |
P
S
|
794,545 | $40,124,523 | 2024 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
VEU
VANGUARD INTL E...
|
ETF | 0.88% | 0.81% |
#26
2
Prev: #28
|
0.9 | 20,670 | 4.0% |
P
S
|
540,697 | $39,773,671 | 2008 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
TSM
TAIWAN SEMICOND...
|
Technology | 0.86% | 0.85% |
#27
4
Prev: #23
|
0.8 | -12,239 | -8.7% |
P
S
|
127,890 | $38,864,533 | 2005 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
MS
MORGAN STANLEY
|
Financial Services | 0.76% | 0.67% |
#28
5
Prev: #33
|
0.8 | -1,148 | -0.6% |
P
S
|
194,271 | $34,488,931 | 2000 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
COST
COSTCO WHSL COR...
|
Consumer Defensive | 0.75% | 0.81% |
#29
2
Prev: #27
|
0.8 | -754 | -1.9% |
P
S
|
39,354 | $33,937,181 | 2003 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
XLK
SELECT SECTOR S...
|
Unknown | 0.74% | 0.72% |
#30
Prev: #30
|
3.3 | 115,101 | 97.5% |
P
S
|
233,201 | $33,574,086 | 2012 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
GOOG
ALPHABET INC
|
Communication Services | 0.69% | 0.53% |
#31
12
Prev: #43
|
0.8 | -506 | -0.5% |
P
S
|
99,867 | $31,338,511 | 2004 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
TJX
TJX COS INC NEW
|
Consumer Cyclical | 0.69% | 0.68% |
#32
Prev: #32
|
0.8 | -11,742 | -5.4% |
P
S
|
203,821 | $31,309,044 | 2008 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
HD
HOME DEPOT INC
|
Consumer Cyclical | 0.69% | 0.82% |
#33
8
Prev: #25
|
0.8 | -3,040 | -3.3% |
P
S
|
90,342 | $31,087,009 | 2000 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
JNJ
JOHNSON & JOHNS...
|
Healthcare | 0.68% | 0.61% |
#34
3
Prev: #37
|
0.8 | -3,105 | -2.0% |
P
S
|
149,439 | $30,926,439 | 1999 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
IJS
ISHARES TR
|
ETF | 0.68% | 0.66% |
#35
1
Prev: #34
|
0.8 | -2,374 | -0.9% |
P
S
|
270,840 | $30,799,925 | 2003 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CMI
CUMMINS INC
|
Industrials | 0.65% | 0.55% |
#36
4
Prev: #40
|
0.8 | -2,395 | -4.0% |
P
S
|
57,435 | $29,317,991 | 2016 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
BLK
BLACKROCK INC
|
Financial Services | 0.63% | 0.70% |
#37
6
Prev: #31
|
0.8 | -1,009 | -3.6% |
P
S
|
26,691 | $28,568,546 | 2016 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
VTIP
VANGUARD MALVER...
|
ETF | 0.59% | — |
#38
Prev: #—
|
3.7 | 538,707 | no change |
NEW
|
538,707 | $26,644,448 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
KLAC
KLA CORP
|
Technology | 0.58% | 0.54% |
#39
3
Prev: #42
|
0.7 | -1,534 | -6.6% |
P
S
|
21,598 | $26,243,298 | 2003 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
NFLX
NETFLIX INC
|
ETF | 0.51% | 0.65% |
#40
5
Prev: #35
|
3.2 | 223,119 | 895.1% |
P
S
|
248,046 | $23,256,793 | 2019 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
UBER
UBER TECHNOLOGI...
|
Technology | 0.51% | 0.59% |
#41
3
Prev: #38
|
0.7 | 5,515 | 2.0% |
P
S
|
282,988 | $23,122,991 | 2020 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
TT
TRANE TECHNOLOG...
|
Industrials | 0.51% | 0.55% |
#42
1
Prev: #41
|
0.7 | -911 | -1.5% |
P
S
|
58,918 | $22,930,886 | 2020 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
QCOM
QUALCOMM INC
|
Technology | 0.50% | 0.48% |
#43
7
Prev: #50
|
0.7 | -246 | -0.2% |
P
S
|
132,313 | $22,632,152 | 1999 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
SUB
ISHARES TR
|
ETF | 0.47% | 0.28% |
#44
32
Prev: #76
|
3.2 | 77,237 | 63.2% |
P
S
|
199,528 | $21,289,638 | 2022 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
INTU
INTUIT
|
Technology | 0.46% | 0.49% |
#45
2
Prev: #47
|
0.7 | -1,522 | -4.6% |
P
S
|
31,255 | $20,703,937 | 1999 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
PG
PROCTER AND GAM...
|
Consumer Defensive | 0.45% | 0.51% |
#46
1
Prev: #45
|
0.7 | -11,845 | -7.7% |
P
S
|
142,108 | $20,365,570 | 1999 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
IJH
ISHARES TR
|
ETF | 0.45% | 0.64% |
#47
11
Prev: #36
|
0.2 | -145,297 | -32.1% |
P
S
|
307,238 | $20,277,715 | 2016 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
UNH
UNITEDHEALTH GR...
|
Healthcare | 0.44% | 0.48% |
#48
1
Prev: #49
|
0.7 | -3,685 | -5.8% |
P
S
|
60,224 | $19,880,591 | 2011 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
PANW
PALO ALTO NETWO...
|
Technology | 0.43% | 0.48% |
#49
1
Prev: #48
|
0.7 | -3,415 | -3.1% |
P
S
|
106,025 | $19,529,805 | 2015 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
SPOT
SPOTIFY TECHNOL...
|
Communication Services | 0.43% | 0.52% |
#50
6
Prev: #44
|
0.7 | -701 | -2.1% |
P
S
|
33,284 | $19,328,352 | 2024 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) |
Showing 1-50 of 898 holdings