BAILARD, INC.

Filed: 2/5/2025ACC: 0001172661-25-000513

📋 What this filing means

BAILARD, INC. filed this quarterly 13F‑HR report disclosing 725 equity positions with a total reported market value of $3.91B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

725

Positions

$3.91B

Total AUM (reported)

38.22M

Total Shares

Allocation by class

COM$1.73B44.2%

UNIT SER 1$130.33M3.3%

TR UNIT$119.41M3.1%

CL A$105.96M2.7%

CAP STK CL A$88.92M2.3%

RUS 2000 VAL ETF$82.54M2.1%

GOLD SHS$78.86M2.0%

Portfolio Concentration

Top 3$521.39M13.3%

4–10$612.44M15.7%

11–25$726.69M18.6%

Rest$2.05B52.4%

Top 3 weight

13.3%

Top 10 weight

29.0%

Voting Authority Distribution

Total shares with voting rights: 38.22M

Sole

Full voting authority

37.95M

% of voting shares99.3%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

264.58K

% of voting shares0.7%

Investment Discretion (by position count)

Sole725

Shared0

Other0

Dominant voting typeSole · 99.3% of voting shares

Institutional Holdings725

Rows:

APPLE INC

SOLE

COM

Shares846.56K

TypeSH

Market value$212.00M

5.42%

Sole

840.52K

Shared

0.00

None

6.04K

MICROSOFT CORP

SOLE

COM

Shares424.81K

TypeSH

Market value$179.06M

4.58%

Sole

421.46K

Shared

0.00

None

3.34K

INVESCO QQQ TR

SOLE

UNIT SER 1

Shares254.94K

TypeSH

Market value$130.33M

3.33%

Sole

254.94K

Shared

0.00

None

0.00

SPDR S&P 500 ETF TR

SOLE

TR UNIT

Shares203.74K

TypeSH

Market value$119.41M

3.05%

Sole

203.74K

Shared

0.00

None

0.00

NVIDIA CORPORATION

SOLE

COM

Shares795.67K

TypeSH

Market value$106.85M

2.73%

Sole

783.86K

Shared

0.00

None

11.80K

ALPHABET INC

SOLE

CAP STK CL A

Shares469.71K

TypeSH

Market value$88.92M

2.27%

Sole

464.44K

Shared

0.00

None

5.27K

ISHARES TR

SOLE

RUS 2000 VAL ETF

Shares502.80K

TypeSH

Market value$82.54M

2.11%

Sole

502.80K

Shared

0.00

None

0.00

SPDR GOLD TR

SOLE

GOLD SHS

Shares325.71K

TypeSH

Market value$78.86M

2.02%

Sole

325.71K

Shared

0.00

None

0.00

VANGUARD WORLD FD

SOLE

INF TECH ETF

Shares113.70K

TypeSH

Market value$70.70M

1.81%

Sole

113.70K

Shared

0.00

None

0.00

JANUS DETROIT STR TR

SOLE

HENDERSON MTG

Shares1.48M

TypeSH

Market value$65.17M

1.67%

Sole

1.48M

Shared

0.00

None

0.00

VANGUARD INDEX FDS

SOLE

TOTAL STK MKT

Shares221.41K

TypeSH

Market value$64.17M

1.64%

Sole

221.41K

Shared

0.00

None

0.00

GILEAD SCIENCES INC

SOLE

COM

Shares672.91K

TypeSH

Market value$62.16M

1.59%

Sole

670.14K

Shared

0.00

None

2.77K

ISHARES TR

SOLE

CALIF MUN BD ETF

Shares1.06M

TypeSH

Market value$60.89M

1.56%

Sole

1.06M

Shared

0.00

None

0.00

AMAZON COM INC

SOLE

COM

Shares267.90K

TypeSH

Market value$58.78M

1.50%

Sole

263.37K

Shared

0.00

None

4.54K

ISHARES TR

SOLE

CORE MSCI EAFE

Shares800.50K

TypeSH

Market value$56.26M

1.44%

Sole

800.50K

Shared

0.00

None

0.00

VISA INC

SOLE

COM CL A

Shares160.50K

TypeSH

Market value$50.72M

1.30%

Sole

159.12K

Shared

0.00

None

1.38K

VANGUARD INDEX FDS

SOLE

S&P 500 ETF SHS

Shares89.78K

TypeSH

Market value$48.37M

1.24%

Sole

89.78K

Shared

0.00

None

0.00

META PLATFORMS INC

SOLE

CL A

Shares81.86K

TypeSH

Market value$47.93M

1.23%

Sole

81.86K

Shared

0.00

None

0.00

VANGUARD INDEX FDS

SOLE

SM CP VAL ETF

Shares236.52K

TypeSH

Market value$46.87M

1.20%

Sole

236.52K

Shared

0.00

None

0.00

J P MORGAN EXCHANGE TRADED F

SOLE

ULTRA SHT MUNCPL

Shares858.25K

TypeSH

Market value$43.52M

1.11%

Sole

858.25K

Shared

0.00

None

0.00

ISHARES TR

SOLE

CORE S&P500 ETF

Shares70.75K

TypeSH

Market value$41.65M

1.06%

Sole

70.75K

Shared

0.00

None

0.00

UNITEDHEALTH GROUP INC

SOLE

COM

Shares75.29K

TypeSH

Market value$38.09M

0.97%

Sole

74.90K

Shared

0.00

None

392.00

J P MORGAN EXCHANGE TRADED F

SOLE

MUNICIPAL ETF

Shares735.93K

TypeSH

Market value$36.91M

0.94%

Sole

735.93K

Shared

0.00

None

0.00

COSTCO WHSL CORP NEW

SOLE

COM

Shares38.91K

TypeSH

Market value$35.65M

0.91%

Sole

38.91K

Shared

0.00

None

0.00

JPMORGAN CHASE & CO.

SOLE

COM

Shares144.87K

TypeSH

Market value$34.73M

0.89%

Sole

143K

Shared

0.00

None

1.87K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
APPLE INCSOLE	COM	846.56K	SH	$212.00M 5.42%	840.52K	6.04K
MICROSOFT CORPSOLE	COM	424.81K	SH	$179.06M 4.58%	421.46K	3.34K
INVESCO QQQ TRSOLE	UNIT SER 1	254.94K	SH	$130.33M 3.33%	254.94K	0.00
SPDR S&P 500 ETF TRSOLE	TR UNIT	203.74K	SH	$119.41M 3.05%	203.74K	0.00
NVIDIA CORPORATIONSOLE	COM	795.67K	SH	$106.85M 2.73%	783.86K	11.80K
ALPHABET INCSOLE	CAP STK CL A	469.71K	SH	$88.92M 2.27%	464.44K	5.27K
ISHARES TRSOLE	RUS 2000 VAL ETF	502.80K	SH	$82.54M 2.11%	502.80K	0.00
SPDR GOLD TRSOLE	GOLD SHS	325.71K	SH	$78.86M 2.02%	325.71K	0.00
VANGUARD WORLD FDSOLE	INF TECH ETF	113.70K	SH	$70.70M 1.81%	113.70K	0.00
JANUS DETROIT STR TRSOLE	HENDERSON MTG	1.48M	SH	$65.17M 1.67%	1.48M	0.00
VANGUARD INDEX FDSSOLE	TOTAL STK MKT	221.41K	SH	$64.17M 1.64%	221.41K	0.00
GILEAD SCIENCES INCSOLE	COM	672.91K	SH	$62.16M 1.59%	670.14K	2.77K
ISHARES TRSOLE	CALIF MUN BD ETF	1.06M	SH	$60.89M 1.56%	1.06M	0.00
AMAZON COM INCSOLE	COM	267.90K	SH	$58.78M 1.50%	263.37K	4.54K
ISHARES TRSOLE	CORE MSCI EAFE	800.50K	SH	$56.26M 1.44%	800.50K	0.00
VISA INCSOLE	COM CL A	160.50K	SH	$50.72M 1.30%	159.12K	1.38K
VANGUARD INDEX FDSSOLE	S&P 500 ETF SHS	89.78K	SH	$48.37M 1.24%	89.78K	0.00
META PLATFORMS INCSOLE	CL A	81.86K	SH	$47.93M 1.23%	81.86K	0.00
VANGUARD INDEX FDSSOLE	SM CP VAL ETF	236.52K	SH	$46.87M 1.20%	236.52K	0.00
J P MORGAN EXCHANGE TRADED FSOLE	ULTRA SHT MUNCPL	858.25K	SH	$43.52M 1.11%	858.25K	0.00
ISHARES TRSOLE	CORE S&P500 ETF	70.75K	SH	$41.65M 1.06%	70.75K	0.00
UNITEDHEALTH GROUP INCSOLE	COM	75.29K	SH	$38.09M 0.97%	74.90K	392.00
J P MORGAN EXCHANGE TRADED FSOLE	MUNICIPAL ETF	735.93K	SH	$36.91M 0.94%	735.93K	0.00
COSTCO WHSL CORP NEWSOLE	COM	38.91K	SH	$35.65M 0.91%	38.91K	0.00
JPMORGAN CHASE & CO.SOLE	COM	144.87K	SH	$34.73M 0.89%	143K	1.87K

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