Baer Investment Advisory LLC In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 12, 2026), Baer Investment Advisory LLC reported 25 stock positions worth $82.5 million . Its top holding was Veeva Systems Class A (VEEV) at 8.2% of the portfolio, followed by Amazon.com (AMZN, 7.5% ) and Curtiss-Wright (CW, 7.3% ). Compared with Q1 2026, it opened 2 new positions, added to 10 and reduced 12. The biggest buy was Veeva Systems Class A (VEEV, shares +128% ) and the biggest sale Netflix (NFLX, shares −34% ).
Location CORTE MADERA, CA
CIK 0002057153
Portfolio Value $82.5M (Q2 2026) Holdings 25 stocks · $82.5M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q1 2026 VEEV Veeva Systems Inc. Class A 36,639 $6.7M Add +127.7% AMZN Amazon.com Inc. 25,604 $6.2M Reduce -1.6% CW Curtiss-Wright Corp. 7,962 $6.0M Add +0.3% DE Deere & Co. 8,524 $5.3M Add +3.2% RACE Ferrari NV 13,815 $5.2M Add +1.2% EME Emcor Group Inc. 6,314 $5.1M Reduce -2.0% APH Amphenol Corp. Class A 27,926 $4.8M Reduce -1.4% AAPL Apple Inc. 15,029 $4.2M Add +7.4% ECL Ecolab Inc. 14,809 $4.1M Add +1.6% ADI Analog Devices Inc. 10,348 $4.0M Reduce -17.9% NVDA Nvidia Corp. 20,051 $4.0M Add +2.8% CDNS Cadence Design SYS Inc. 9,990 $3.8M Add +87.5% TXN Texas Instruments Inc. 12,557 $3.7M Reduce -24.1% URI United Rentals Inc. 3,038 $3.4M Reduce -8.4% IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 10,956 $3.1M Reduce -10.8% EPD Enterprise Products Partners 60,309 $2.2M Reduce -16.3% SHOP Shopify Inc. Class A 16,629 $2.0M Reduce -4.2% NFLX Netflix Inc. 24,316 $1.8M Reduce -34.5% TMO Thermo Fisher Scientific Inc. 3,240 $1.7M Add +4.0% HD Home Depot Inc. 4,075 $1.4M New MSFT Microsoft Corp. 3,660 $1.4M Add +0.4% NEE Nextera Energy Inc. 14,224 $1.2M New INTU Intuit Inc. 2,239 $598K Reduce -53.8% QQQ Invesco QQQ Trust Series 1 426 $309K Reduce -68.2% SNAP Snap Inc. Class A 10,000 $48K No change
Options reported separately and not counted above: TSM calls ($8.0M), NVDA calls ($7.7M), MSFT calls ($3.7M), IBM calls ($2.6M), APH calls ($2.1M), SHOP calls ($2.0M), CDNS calls ($1.8M), NFLX calls ($1.8M), INTU calls ($1.5M), URI calls ($1.4M), CSGP calls ($1.0M), TMO calls ($742K), and 6 more.
Portfolio Sells Q1 2026 → Q2 2026 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024
Stock Change vs Q1 2026 % Of Portfolio Change To Portfolio ▲ NFLX Netflix Inc. Reduce -34.5% 2.19% −2.88 INTU Intuit Inc. Reduce -53.8% 0.73% −2.27 EPD Enterprise Products Partners Reduce -16.3% 2.67% −1.20 ADI Analog Devices Inc. Reduce -17.9% 4.88% −0.81 QQQ Invesco QQQ Trust Series 1 Reduce -68.2% 0.37% −0.72 EME Emcor Group Inc. Reduce -2.0% 6.16% −0.60 SHOP Shopify Inc. Class A Reduce -4.2% 2.45% −0.47 IBM Intl Business Machines Corp. Reduce -10.8% 3.80% −0.42 AMZN Amazon.com Inc. Reduce -1.6% 7.50% −0.19 TXN Texas Instruments Inc. Reduce -24.1% 4.54% −0.12 URI United Rentals Inc. Reduce -8.4% 4.10% +0.67 APH Amphenol Corp. Class A Reduce -1.4% 5.83% +0.75
Portfolio Buys Q1 2026 → Q2 2026 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024
Stock Change vs Q1 2026 % Of Portfolio Change To Portfolio ▼ VEEV Veeva Systems Inc. Class A Add +127.7% 8.18% +4.17 CDNS Cadence Design SYS Inc. Add +87.5% 4.58% +2.47 HD Home Depot Inc. New 1.73% +1.73 NEE Nextera Energy Inc. New 1.49% +1.49 AAPL Apple Inc. Add +7.4% 5.12% +0.08 NVDA Nvidia Corp. Add +2.8% 4.80% −0.03 DE Deere & Co. Add +3.2% 6.49% −0.12 TMO Thermo Fisher Scientific Inc. Add +4.0% 2.02% −0.16 MSFT Microsoft Corp. Add +0.4% 1.71% −0.21 RACE Ferrari NV Add +1.2% 6.28% −0.28 CW Curtiss-Wright Corp. Add +0.3% 7.32% −0.36 ECL Ecolab Inc. Add +1.6% 5.00% −0.51
Options Activity Q1 2026 → Q2 2026 Security Type Change vs Q1 2026 Underlying Shares Value ▼ TAIWAN SEMICONDUCTOR MANUFAC call Sold out 657 $9.0Mbefore exit TSM Taiwan Semiconductor-SP ADR call New 593 $8.0M NVDA Nvidia Corp. call New 1,259 $7.7M NVIDIA CORPORATION call Sold out 1,246 $6.9Mbefore exit MSFT Microsoft Corp. call New 400 $3.7M IBM Intl Business Machines Corp. call New 253 $2.6M NETFLIX INC. call Sold out 976 $2.4Mbefore exit MICROSOFT CORP call Sold out 379 $2.3Mbefore exit APH Amphenol Corp. Class A call New 347 $2.1M SHOP Shopify Inc. Class A call New 430 $2.0M CDNS Cadence Design SYS Inc. call New 183 $1.8M NFLX Netflix Inc. call New 1,236 $1.8M SHOPIFY INC call Sold out 239 $1.6Mbefore exit INTU Intuit Inc. call New 238 $1.5M URI United Rentals Inc. call New 50 $1.4M INTUIT call Sold out 101 $1.2Mbefore exit COSTAR GROUP INC call Sold out 1,421 $1.2Mbefore exit CSGP Costar Group Inc. call New 1,454 $1.0M AMPHENOL CORP call Sold out 348 $1.0Mbefore exit INTERNATIONAL BUSINESS MACHS call Sold out 243 $1.0Mbefore exit TMO Thermo Fisher Scientific Inc. call New 69 $742K THERMO FISHER SCIENTIFIC INC call Sold out 69 $703Kbefore exit QQQ Invesco QQQ Trust Series 1 put New 900 $663K CADENCE DESIGN SYSTEM INC call Sold out 183 $652Kbefore exit AAPL Apple Inc. call New 97 $626K AMAZON COM INC call Sold out 106 $566Kbefore exit AMZN Amazon.com Inc. call New 96 $549K UNITED RENTALS INC call Sold out 51 $452Kbefore exit APPLE INC call Sold out 86 $414Kbefore exit VEEV Veeva Systems Inc. Class A call New 73 $389K DE Deere & Co. call New 23 $328K DEERE & CO call Sold out 23 $235Kbefore exit VRT Vertiv Holdings Co. Class A call New 20 $215K
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 25 $82.5M VEEV, AMZN, CW, DE, RACE Q1 2026 Amended 23 $70.4M AMZN, CW, EME, DE, RACE Q4 2025 23 $71.7M APH, AMZN, EME, ADI, INTU Q3 2025 25 $79.9M APH, AMZN, EME, INTU, VEEV Q2 2025 Amended 24 $61.2M AMZN, APH, VEEV, EME, CSGP Q1 2025 25 $77.3M NVDA, AMZN, CSGP, NFLX, APD Q4 2024 24 $92.8M ITOT, QQQ, AMZN, TSM, AAPL