BAIRD FINANCIAL GROUP, INC.

PrivateCIK: 1648711

Location

MILWAUKEE, WI

1924

Positions

$72.73B

Total AUM (reported)

594.94M

Total Shares

Allocation by class

COM$37.12B51.0%

COM NEW$2.34B3.2%

CAP STK CL C$2.22B3.0%

CL A$2.01B2.8%

VAN FTSE DEV MKT$1.60B2.2%

RUS 1000 VAL ETF$1.50B2.1%

RUS 1000 GRW ETF$1.44B2.0%

Portfolio Concentration

Top 3$7.38B10.2%

4–10$11.10B15.3%

11–25$13.92B19.1%

Rest$40.32B55.4%

Top 3 weight

10.2%

Top 10 weight

25.4%

Voting Authority Distribution

Total shares with voting rights: 594.94M

Sole

Full voting authority

572.45M

% of voting shares96.2%

Shared

Joint voting authority

15.35M

% of voting shares2.6%

None

No voting authority

7.14M

% of voting shares1.2%

Investment Discretion (by position count)

Sole0

Shared0

Other1924

Dominant voting typeSole · 96.2% of voting shares

Institutional Holdings1924

Rows:

APPLE INC

DFND

COM

Shares10.16M

TypeSH

Market value$2.94B

4.04%

Sole

10.01M

Shared

2.02K

None

146.73K

JPMORGAN CHASE CO

DFND

COM

Shares6.81M

TypeSH

Market value$2.23B

3.06%

Sole

6.74M

Shared

1.55K

None

68.97K

ALPHABET INC

DFND

CAP STK CL C

Shares6.27M

TypeSH

Market value$2.22B

3.05%

Sole

6.17M

Shared

1.56K

None

103.43K

MICROSOFT CORP

DFND

COM

Shares5.84M

TypeSH

Market value$2.18B

2.99%

Sole

5.74M

Shared

1.06K

None

91.32K

GE VERNOVA INC

DFND

COM

Shares1.40M

TypeSH

Market value$1.65B

2.27%

Sole

1.39M

Shared

462.00

None

11.78K

VANGUARD TAXMANAGED FDS

DFND

VAN FTSE DEV MKT

Shares22.46M

TypeSH

Market value$1.60B

2.20%

Sole

22.35M

Shared

1.31K

None

110.87K

ISHARES TR

DFND

RUS 1000 VAL ETF

Shares6.19M

TypeSH

Market value$1.50B

2.06%

Sole

6.12M

Shared

0.00

None

67.81K

ISHARES TR

DFND

RUS 1000 GRW ETF

Shares11.59M

TypeSH

Market value$1.44B

1.98%

Sole

11.42M

Shared

0.00

None

172.73K

BERKSHIRE HATHAWAY INC DEL

DFND

CL B NEW

Shares2.75M

TypeSH

Market value$1.38B

1.89%

Sole

2.72M

Shared

549.00

None

32.57K

AMAZON COM INC

DFND

COM

Shares5.71M

TypeSH

Market value$1.36B

1.87%

Sole

5.56M

Shared

70.92K

None

73.34K

GE AEROSPACE

DFND

COM NEW

Shares3.61M

TypeSH

Market value$1.35B

1.85%

Sole

3.58M

Shared

940.00

None

22.77K

JOHNSON JOHNSON

DFND

COM

Shares4.80M

TypeSH

Market value$1.22B

1.68%

Sole

4.75M

Shared

1.06K

None

46.88K

ISHARES TR

DFND

RUS MID CAP ETF

Shares10.66M

TypeSH

Market value$1.18B

1.62%

Sole

10.55M

Shared

0.00

None

107.36K

HOME DEPOT INC

DFND

COM

Shares2.95M

TypeSH

Market value$1.04B

1.43%

Sole

2.92M

Shared

903.00

None

32.32K

NVIDIA CORPORATION

DFND

COM

Shares5.03M

TypeSH

Market value$1.01B

1.38%

Sole

4.86M

Shared

61.80K

None

108.15K

ISHARES TR

DFND

CORE SP SCP ETF

Shares6.60M

TypeSH

Market value$979.44M

1.35%

Sole

6.57M

Shared

1.77K

None

32.14K

PROGRESSIVE CORP

DFND

COM

Shares4.41M

TypeSH

Market value$963.42M

1.32%

Sole

4.38M

Shared

1.66K

None

31.59K

META PLATFORMS INC

DFND

CL A

Shares1.70M

TypeSH

Market value$958.29M

1.32%

Sole

1.68M

Shared

399.00

None

18.36K

PARKERHANNIFIN CORP

DFND

COM

Shares893.39K

TypeSH

Market value$873.85M

1.20%

Sole

883.72K

Shared

244.00

None

9.44K

SCHWAB CHARLES CORP

DFND

COM

Shares8.72M

TypeSH

Market value$804.81M

1.11%

Sole

8.49M

Shared

179.13K

None

52.49K

BROADCOM INC

DFND

COM

Shares2.01M

TypeSH

Market value$760.79M

1.05%

Sole

1.99M

Shared

0.00

None

21.97K

FASTENAL CO

DFND

COM

Shares15.56M

TypeSH

Market value$747.40M

1.03%

Sole

15.39M

Shared

3.37K

None

166.14K

ALPHABET INC

DFND

CAP STK CL A

Shares1.94M

TypeSH

Market value$692.15M

0.95%

Sole

1.86M

Shared

53.14K

None

23.52K

TJX COS INC NEW

DFND

COM

Shares4.48M

TypeSH

Market value$678.71M

0.93%

Sole

4.34M

Shared

103.86K

None

36.07K

VANGUARD INDEX FDS

DFND

SP 500 ETF SHS

Shares970.02K

TypeSH

Market value$666.22M

0.92%

Sole

953.73K

Shared

0.00

None

16.30K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	Shared	None
APPLE INCDFND	COM	10.16M	SH	$2.94B 4.04%	10.01M	2.02K	146.73K
JPMORGAN CHASE CODFND	COM	6.81M	SH	$2.23B 3.06%	6.74M	1.55K	68.97K
ALPHABET INCDFND	CAP STK CL C	6.27M	SH	$2.22B 3.05%	6.17M	1.56K	103.43K
MICROSOFT CORPDFND	COM	5.84M	SH	$2.18B 2.99%	5.74M	1.06K	91.32K
GE VERNOVA INCDFND	COM	1.40M	SH	$1.65B 2.27%	1.39M	462.00	11.78K
VANGUARD TAXMANAGED FDSDFND	VAN FTSE DEV MKT	22.46M	SH	$1.60B 2.20%	22.35M	1.31K	110.87K
ISHARES TRDFND	RUS 1000 VAL ETF	6.19M	SH	$1.50B 2.06%	6.12M	0.00	67.81K
ISHARES TRDFND	RUS 1000 GRW ETF	11.59M	SH	$1.44B 1.98%	11.42M	0.00	172.73K
BERKSHIRE HATHAWAY INC DELDFND	CL B NEW	2.75M	SH	$1.38B 1.89%	2.72M	549.00	32.57K
AMAZON COM INCDFND	COM	5.71M	SH	$1.36B 1.87%	5.56M	70.92K	73.34K
GE AEROSPACEDFND	COM NEW	3.61M	SH	$1.35B 1.85%	3.58M	940.00	22.77K
JOHNSON JOHNSONDFND	COM	4.80M	SH	$1.22B 1.68%	4.75M	1.06K	46.88K
ISHARES TRDFND	RUS MID CAP ETF	10.66M	SH	$1.18B 1.62%	10.55M	0.00	107.36K
HOME DEPOT INCDFND	COM	2.95M	SH	$1.04B 1.43%	2.92M	903.00	32.32K
NVIDIA CORPORATIONDFND	COM	5.03M	SH	$1.01B 1.38%	4.86M	61.80K	108.15K
ISHARES TRDFND	CORE SP SCP ETF	6.60M	SH	$979.44M 1.35%	6.57M	1.77K	32.14K
PROGRESSIVE CORPDFND	COM	4.41M	SH	$963.42M 1.32%	4.38M	1.66K	31.59K
META PLATFORMS INCDFND	CL A	1.70M	SH	$958.29M 1.32%	1.68M	399.00	18.36K
PARKERHANNIFIN CORPDFND	COM	893.39K	SH	$873.85M 1.20%	883.72K	244.00	9.44K
SCHWAB CHARLES CORPDFND	COM	8.72M	SH	$804.81M 1.11%	8.49M	179.13K	52.49K
BROADCOM INCDFND	COM	2.01M	SH	$760.79M 1.05%	1.99M	0.00	21.97K
FASTENAL CODFND	COM	15.56M	SH	$747.40M 1.03%	15.39M	3.37K	166.14K
ALPHABET INCDFND	CAP STK CL A	1.94M	SH	$692.15M 0.95%	1.86M	53.14K	23.52K
TJX COS INC NEWDFND	COM	4.48M	SH	$678.71M 0.93%	4.34M	103.86K	36.07K
VANGUARD INDEX FDSDFND	SP 500 ETF SHS	970.02K	SH	$666.22M 0.92%	953.73K	0.00	16.30K

Page 1 of 77

…