BAILARD, INC.

Filed: 2/4/2026ACC: 0001172661-26-000466

📋 What this filing means

BAILARD, INC. filed this quarterly 13F‑HR report disclosing 744 equity positions with a total reported market value of $4.52B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

744

Positions

$4.52B

Total AUM (reported)

41.02M

Total Shares

Allocation by class

COM$1.95B43.3%

CAP STK CL A$144.42M3.2%

TR UNIT$138.14M3.1%

UNIT SER 1$135.71M3.0%

GOLD SHS$123.21M2.7%

MSCI EAFE ETF$122.21M2.7%

COM NEW$106.14M2.3%

Portfolio Concentration

Top 3$600.27M13.3%

4–10$839.64M18.6%

11–25$834.19M18.5%

Rest$2.24B49.6%

Top 3 weight

13.3%

Top 10 weight

31.9%

Voting Authority Distribution

Total shares with voting rights: 41.02M

Sole

Full voting authority

40.16M

% of voting shares97.9%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

865.12K

% of voting shares2.1%

Investment Discretion (by position count)

Sole744

Shared0

Other0

Dominant voting typeSole · 97.9% of voting shares

Institutional Holdings744

Rows:

APPLE INC

SOLE

COM

Shares828.48K

TypeSH

Market value$225.23M

4.99%

Sole

803.67K

Shared

0.00

None

24.81K

MICROSOFT CORP

SOLE

COM

Shares422.85K

TypeSH

Market value$204.50M

4.53%

Sole

411.72K

Shared

0.00

None

11.13K

NVIDIA CORPORATION

SOLE

COM

Shares914.40K

TypeSH

Market value$170.54M

3.78%

Sole

875.96K

Shared

0.00

None

38.44K

ALPHABET INC

SOLE

CAP STK CL A

Shares461.40K

TypeSH

Market value$144.42M

3.20%

Sole

443.70K

Shared

0.00

None

17.70K

SPDR S&P 500 ETF TR

SOLE

TR UNIT

Shares202.57K

TypeSH

Market value$138.14M

3.06%

Sole

202.57K

Shared

0.00

None

0.00

INVESCO QQQ TR

SOLE

UNIT SER 1

Shares220.92K

TypeSH

Market value$135.71M

3.00%

Sole

220.92K

Shared

0.00

None

0.00

SPDR GOLD TR

SOLE

GOLD SHS

Shares310.89K

TypeSH

Market value$123.21M

2.73%

Sole

310.89K

Shared

0.00

None

0.00

ISHARES TR

SOLE

MSCI EAFE ETF

Shares1.27M

TypeSH

Market value$122.21M

2.71%

Sole

1.27M

Shared

0.00

None

0.00

GILEAD SCIENCES INC

SOLE

COM

Shares734.06K

TypeSH

Market value$90.10M

1.99%

Sole

724.96K

Shared

0.00

None

9.10K

VANGUARD WORLD FD

SOLE

INF TECH ETF

Shares113.89K

TypeSH

Market value$85.85M

1.90%

Sole

113.89K

Shared

0.00

None

0.00

ISHARES TR

SOLE

CALIF MUN BD ETF

Shares1.44M

TypeSH

Market value$82.69M

1.83%

Sole

1.44M

Shared

0.00

None

0.00

J P MORGAN EXCHANGE TRADED F

SOLE

MORTGAGE BACKED

Shares1.45M

TypeSH

Market value$74.06M

1.64%

Sole

1.45M

Shared

0.00

None

0.00

ISHARES TR

SOLE

CORE MSCI EAFE

Shares794.38K

TypeSH

Market value$71.07M

1.57%

Sole

794.38K

Shared

0.00

None

0.00

VANGUARD INDEX FDS

SOLE

TOTAL STK MKT

Shares202.08K

TypeSH

Market value$67.75M

1.50%

Sole

202.08K

Shared

0.00

None

0.00

ISHARES TR

SOLE

IBONDS 26 TRM TS

Shares2.82M

TypeSH

Market value$64.60M

1.43%

Sole

2.82M

Shared

0.00

None

0.00

AMAZON COM INC

SOLE

COM

Shares258.96K

TypeSH

Market value$59.77M

1.32%

Sole

241.03K

Shared

0.00

None

17.94K

VISA INC

SOLE

COM CL A

Shares154.47K

TypeSH

Market value$54.17M

1.20%

Sole

149.88K

Shared

0.00

None

4.59K

VANGUARD INDEX FDS

SOLE

SM CP VAL ETF

Shares249.23K

TypeSH

Market value$52.78M

1.17%

Sole

249.23K

Shared

0.00

None

0.00

JPMORGAN CHASE & CO.

SOLE

COM

Shares154.82K

TypeSH

Market value$49.89M

1.10%

Sole

146.85K

Shared

0.00

None

7.97K

ISHARES TR

SOLE

CORE S&P500 ETF

Shares69.85K

TypeSH

Market value$47.84M

1.06%

Sole

69.85K

Shared

0.00

None

0.00

BROADCOM INC

SOLE

COM

Shares125.71K

TypeSH

Market value$43.51M

0.96%

Sole

116.61K

Shared

0.00

None

9.10K

ISHARES TR

SOLE

US TREAS BD ETF

Shares1.88M

TypeSH

Market value$43.27M

0.96%

Sole

1.88M

Shared

0.00

None

0.00

VANGUARD INDEX FDS

SOLE

S&P 500 ETF SHS

Shares67.50K

TypeSH

Market value$42.33M

0.94%

Sole

67.50K

Shared

0.00

None

0.00

META PLATFORMS INC

SOLE

CL A

Shares61.09K

TypeSH

Market value$40.33M

0.89%

Sole

61.09K

Shared

0.00

None

0.00

J P MORGAN EXCHANGE TRADED F

SOLE

MUNICIPAL ETF

Shares794.54K

TypeSH

Market value$40.12M

0.89%

Sole

794.54K

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
APPLE INCSOLE	COM	828.48K	SH	$225.23M 4.99%	803.67K	24.81K
MICROSOFT CORPSOLE	COM	422.85K	SH	$204.50M 4.53%	411.72K	11.13K
NVIDIA CORPORATIONSOLE	COM	914.40K	SH	$170.54M 3.78%	875.96K	38.44K
ALPHABET INCSOLE	CAP STK CL A	461.40K	SH	$144.42M 3.20%	443.70K	17.70K
SPDR S&P 500 ETF TRSOLE	TR UNIT	202.57K	SH	$138.14M 3.06%	202.57K	0.00
INVESCO QQQ TRSOLE	UNIT SER 1	220.92K	SH	$135.71M 3.00%	220.92K	0.00
SPDR GOLD TRSOLE	GOLD SHS	310.89K	SH	$123.21M 2.73%	310.89K	0.00
ISHARES TRSOLE	MSCI EAFE ETF	1.27M	SH	$122.21M 2.71%	1.27M	0.00
GILEAD SCIENCES INCSOLE	COM	734.06K	SH	$90.10M 1.99%	724.96K	9.10K
VANGUARD WORLD FDSOLE	INF TECH ETF	113.89K	SH	$85.85M 1.90%	113.89K	0.00
ISHARES TRSOLE	CALIF MUN BD ETF	1.44M	SH	$82.69M 1.83%	1.44M	0.00
J P MORGAN EXCHANGE TRADED FSOLE	MORTGAGE BACKED	1.45M	SH	$74.06M 1.64%	1.45M	0.00
ISHARES TRSOLE	CORE MSCI EAFE	794.38K	SH	$71.07M 1.57%	794.38K	0.00
VANGUARD INDEX FDSSOLE	TOTAL STK MKT	202.08K	SH	$67.75M 1.50%	202.08K	0.00
ISHARES TRSOLE	IBONDS 26 TRM TS	2.82M	SH	$64.60M 1.43%	2.82M	0.00
AMAZON COM INCSOLE	COM	258.96K	SH	$59.77M 1.32%	241.03K	17.94K
VISA INCSOLE	COM CL A	154.47K	SH	$54.17M 1.20%	149.88K	4.59K
VANGUARD INDEX FDSSOLE	SM CP VAL ETF	249.23K	SH	$52.78M 1.17%	249.23K	0.00
JPMORGAN CHASE & CO.SOLE	COM	154.82K	SH	$49.89M 1.10%	146.85K	7.97K
ISHARES TRSOLE	CORE S&P500 ETF	69.85K	SH	$47.84M 1.06%	69.85K	0.00
BROADCOM INCSOLE	COM	125.71K	SH	$43.51M 0.96%	116.61K	9.10K
ISHARES TRSOLE	US TREAS BD ETF	1.88M	SH	$43.27M 0.96%	1.88M	0.00
VANGUARD INDEX FDSSOLE	S&P 500 ETF SHS	67.50K	SH	$42.33M 0.94%	67.50K	0.00
META PLATFORMS INCSOLE	CL A	61.09K	SH	$40.33M 0.89%	61.09K	0.00
J P MORGAN EXCHANGE TRADED FSOLE	MUNICIPAL ETF	794.54K	SH	$40.12M 0.89%	794.54K	0.00

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