BAKER ELLIS ASSET MANAGEMENT LLC

Filed: 1/21/2026ACC: 0001941040-26-000040

📋 What this filing means

BAKER ELLIS ASSET MANAGEMENT LLC filed this quarterly 13F‑HR report disclosing 260 equity positions with a total reported market value of $830.97M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

260

Positions

$830.97M

Total AUM (reported)

8.46M

Total Shares

Allocation by class

COM$300.95M36.2%

TOTAL STK MKT$74.82M9.0%

CL B NEW$36.08M4.3%

INF TECH ETF$25.19M3.0%

COM NEW$24.54M3.0%

INTL SMALL CAP V$19.96M2.4%

HIGH DIV YLD$19.43M2.3%

Portfolio Concentration

Top 3$138.24M16.6%

4–10$139.09M16.7%

11–25$190.16M22.9%

Rest$363.48M43.7%

Top 3 weight

16.6%

Top 10 weight

33.4%

Voting Authority Distribution

Total shares with voting rights: 8.46M

Sole

Full voting authority

8.42M

% of voting shares99.5%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

40.87K

% of voting shares0.5%

Investment Discretion (by position count)

Sole260

Shared0

Other0

Dominant voting typeSole · 99.5% of voting shares

Institutional Holdings260

Rows:

VANGUARD INDEX FDS

SOLE

TOTAL STK MKT

Shares223.17K

TypeSH

Market value$74.82M

9.00%

Sole

222.63K

Shared

0.00

None

548.00

BERKSHIRE HATHAWAY INC DEL

SOLE

CL B NEW

Shares71.78K

TypeSH

Market value$36.08M

4.34%

Sole

71.17K

Shared

0.00

None

604.00

MICROSOFT CORP

SOLE

COM

Shares56.53K

TypeSH

Market value$27.34M

3.29%

Sole

55.42K

Shared

0.00

None

1.10K

VANGUARD WORLD FD

SOLE

INF TECH ETF

Shares33.42K

TypeSH

Market value$25.19M

3.03%

Sole

33.42K

Shared

0.00

None

0.00

DIMENSIONAL ETF TRUST

SOLE

INTL SMALL CAP V

Shares525.15K

TypeSH

Market value$19.96M

2.40%

Sole

524.94K

Shared

0.00

None

211.00

LAM RESEARCH CORP

SOLE

COM NEW

Shares116.47K

TypeSH

Market value$19.94M

2.40%

Sole

115.77K

Shared

0.00

None

700.00

VANGUARD WHITEHALL FDS

SOLE

HIGH DIV YLD

Shares135.35K

TypeSH

Market value$19.43M

2.34%

Sole

135.10K

Shared

0.00

None

250.00

VANGUARD INDEX FDS

SOLE

S&P 500 ETF SHS

Shares29.65K

TypeSH

Market value$18.59M

2.24%

Sole

29.30K

Shared

0.00

None

350.00

GOLDMAN SACHS ETF TR

SOLE

ACTIVEBETA INT

Shares422.23K

TypeSH

Market value$18.13M

2.18%

Sole

420.28K

Shared

0.00

None

1.95K

JPMORGAN CHASE & CO.

SOLE

COM

Shares55.40K

TypeSH

Market value$17.85M

2.15%

Sole

54.67K

Shared

0.00

None

725.00

FIDELITY MERRIMACK STR TR

SOLE

TOTAL BD ETF

Shares377.16K

TypeSH

Market value$17.36M

2.09%

Sole

375.29K

Shared

0.00

None

1.87K

STERLING INFRASTRUCTURE INC

SOLE

COM

Shares52.18K

TypeSH

Market value$15.98M

1.92%

Sole

51.97K

Shared

0.00

None

210.00

INVESCO EXCHANGE TRADED FD T

SOLE

RAFI US 1000 ETF

Shares322.12K

TypeSH

Market value$15.11M

1.82%

Sole

319.62K

Shared

0.00

None

2.50K

ISHARES TR

SOLE

CORE MSCI TOTAL

Shares176.94K

TypeSH

Market value$14.98M

1.80%

Sole

176.83K

Shared

0.00

None

111.00

BROADCOM INC

SOLE

COM

Shares40.36K

TypeSH

Market value$13.97M

1.68%

Sole

40.31K

Shared

0.00

None

50.00

PIMCO EQUITY SER

SOLE

RAFI DYN ML US

Shares228.29K

TypeSH

Market value$12.92M

1.56%

Sole

226.97K

Shared

0.00

None

1.32K

JOHN HANCOCK EXCHANGE TRADED

SOLE

MULTIFACTOR MI

Shares189.73K

TypeSH

Market value$12.42M

1.50%

Sole

189.41K

Shared

0.00

None

327.00

APPLE INC

SOLE

COM

Shares45.03K

TypeSH

Market value$12.24M

1.47%

Sole

44.43K

Shared

0.00

None

600.00

COSTCO WHSL CORP NEW

SOLE

COM

Shares13.78K

TypeSH

Market value$11.88M

1.43%

Sole

13.67K

Shared

0.00

None

111.00

RTX CORPORATION

SOLE

COM

Shares59.44K

TypeSH

Market value$10.90M

1.31%

Sole

59.38K

Shared

0.00

None

65.00

GOLDMAN SACHS ETF TR

SOLE

ACCES TREASURY

Shares108.19K

TypeSH

Market value$10.81M

1.30%

Sole

107.61K

Shared

0.00

None

580.00

ALPHABET INC

SOLE

CAP STK CL C

Shares34.20K

TypeSH

Market value$10.73M

1.29%

Sole

33.80K

Shared

0.00

None

400.00

SCHWAB STRATEGIC TR

SOLE

US DIVIDEND EQ

Shares383.35K

TypeSH

Market value$10.52M

1.27%

Sole

382.20K

Shared

0.00

None

1.16K

ISHARES TR

SOLE

0-3 MNTH TREASRY

Shares104.63K

TypeSH

Market value$10.50M

1.26%

Sole

104.63K

Shared

0.00

None

0.00

BERKSHIRE HATHAWAY INC DEL

SOLE

CL A

Shares13.00

TypeSH

Market value$9.81M

1.18%

Sole

13.00

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
VANGUARD INDEX FDSSOLE	TOTAL STK MKT	223.17K	SH	$74.82M 9.00%	222.63K	548.00
BERKSHIRE HATHAWAY INC DELSOLE	CL B NEW	71.78K	SH	$36.08M 4.34%	71.17K	604.00
MICROSOFT CORPSOLE	COM	56.53K	SH	$27.34M 3.29%	55.42K	1.10K
VANGUARD WORLD FDSOLE	INF TECH ETF	33.42K	SH	$25.19M 3.03%	33.42K	0.00
DIMENSIONAL ETF TRUSTSOLE	INTL SMALL CAP V	525.15K	SH	$19.96M 2.40%	524.94K	211.00
LAM RESEARCH CORPSOLE	COM NEW	116.47K	SH	$19.94M 2.40%	115.77K	700.00
VANGUARD WHITEHALL FDSSOLE	HIGH DIV YLD	135.35K	SH	$19.43M 2.34%	135.10K	250.00
VANGUARD INDEX FDSSOLE	S&P 500 ETF SHS	29.65K	SH	$18.59M 2.24%	29.30K	350.00
GOLDMAN SACHS ETF TRSOLE	ACTIVEBETA INT	422.23K	SH	$18.13M 2.18%	420.28K	1.95K
JPMORGAN CHASE & CO.SOLE	COM	55.40K	SH	$17.85M 2.15%	54.67K	725.00
FIDELITY MERRIMACK STR TRSOLE	TOTAL BD ETF	377.16K	SH	$17.36M 2.09%	375.29K	1.87K
STERLING INFRASTRUCTURE INCSOLE	COM	52.18K	SH	$15.98M 1.92%	51.97K	210.00
INVESCO EXCHANGE TRADED FD TSOLE	RAFI US 1000 ETF	322.12K	SH	$15.11M 1.82%	319.62K	2.50K
ISHARES TRSOLE	CORE MSCI TOTAL	176.94K	SH	$14.98M 1.80%	176.83K	111.00
BROADCOM INCSOLE	COM	40.36K	SH	$13.97M 1.68%	40.31K	50.00
PIMCO EQUITY SERSOLE	RAFI DYN ML US	228.29K	SH	$12.92M 1.56%	226.97K	1.32K
JOHN HANCOCK EXCHANGE TRADEDSOLE	MULTIFACTOR MI	189.73K	SH	$12.42M 1.50%	189.41K	327.00
APPLE INCSOLE	COM	45.03K	SH	$12.24M 1.47%	44.43K	600.00
COSTCO WHSL CORP NEWSOLE	COM	13.78K	SH	$11.88M 1.43%	13.67K	111.00
RTX CORPORATIONSOLE	COM	59.44K	SH	$10.90M 1.31%	59.38K	65.00
GOLDMAN SACHS ETF TRSOLE	ACCES TREASURY	108.19K	SH	$10.81M 1.30%	107.61K	580.00
ALPHABET INCSOLE	CAP STK CL C	34.20K	SH	$10.73M 1.29%	33.80K	400.00
SCHWAB STRATEGIC TRSOLE	US DIVIDEND EQ	383.35K	SH	$10.52M 1.27%	382.20K	1.16K
ISHARES TRSOLE	0-3 MNTH TREASRY	104.63K	SH	$10.50M 1.26%	104.63K	0.00
BERKSHIRE HATHAWAY INC DELSOLE	CL A	13.00	SH	$9.81M 1.18%	13.00	0.00

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