Baer Investment Advisory LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 2, 2025), Baer Investment Advisory LLC reported 25 stock positions worth $77.3 million. Its top holding was Nvidia (NVDA) at 9.8% of the portfolio, followed by Amazon.com (AMZN, 7.0%) and Costar (CSGP, 6.4%). Compared with Q4 2024, it opened 3 new positions, sold out of 2, added to 17 and reduced 4. The biggest buy was a new position in Nvidia (NVDA) and the biggest sale an exit from iShares Core S&P Total U.S. (ITOT).
- Most Recent 13F
- Q2 2026
- Location
- CORTE MADERA, CA
- CIK
- 0002057153
- Portfolio Value
- $77.3M (Q1 2025)
- SEC Filing
- 0001754960-25-000268 ↗ filed May 2, 2025
Holdings Value
Holdings 25 stocks · $77.3M
| NVDA Nvidia Corp. | 9.82% | 19,045 | $7.6M | New |
| AMZN Amazon.com Inc. | 6.95% | 25,631 | $5.4M | Add +0.6% |
| CSGP Costar Group Inc. | 6.39% | 52,776 | $4.9M | Add +0.6% |
| NFLX Netflix Inc. | 5.65% | 2,067 | $4.4M | New |
| APD Air Products & Chemicals Inc. | 4.87% | 11,403 | $3.8M | Add +0.4% |
| VEEV Veeva Systems Inc. Class A | 4.69% | 14,934 | $3.6M | Add +0.7% |
| MSFT Microsoft Corp. | 4.60% | 4,025 | $3.6M | Reduce -1.6% |
| AAPL Apple Inc. | 4.57% | 13,254 | $3.5M | Add +11.4% |
| ADI Analog Devices Inc. | 4.47% | 17,315 | $3.5M | Reduce -0.5% |
| INTU Intuit Inc. | 4.44% | 4,836 | $3.4M | Reduce -0.1% |
| DE Deere & Co. | 4.30% | 6,346 | $3.3M | Add +0.9% |
| APH Amphenol Corp. Class A | 4.29% | 49,977 | $3.3M | Add +16.1% |
| COST Costco Wholesale Corp. | 4.23% | 2,421 | $3.3M | Add +76.6% |
| EME Emcor Group Inc. | 4.04% | 8,306 | $3.1M | Add +0.2% |
| SHOP Shopify Inc. Class A | 4.00% | 31,684 | $3.1M | Add +0.3% |
| CDNS Cadence Design SYS Inc. | 3.90% | 9,693 | $3.0M | Add +12.5% |
| URI United Rentals Inc. | 3.58% | 3,202 | $2.8M | Add +0.6% |
| TSM Taiwan Semiconductor-SP ADR | 3.30% | 1,260 | $2.5M | Add +46.3% |
| HD Home Depot Inc. | 2.75% | 5,751 | $2.1M | Add +1.3% |
| TMO Thermo Fisher Scientific Inc. | 2.73% | 3,613 | $2.1M | Add +135.2% |
| ZTS Zoetis Inc. | 2.71% | 12,952 | $2.1M | New |
| EPD Enterprise Products Partners | 1.94% | 43,866 | $1.5M | Add +85.1% |
| QQQ Invesco QQQ Trust Series 1 | 0.94% | 513 | $726K | Reduce -87.8% |
| TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC | 0.73% | 951 | $565K | Add +12.0% |
| SNAP Snap Inc. Class A | 0.12% | 10,000 | $89K | No change |
Portfolio Sells Q4 2024 → Q1 2025
Portfolio Buys Q4 2024 → Q1 2025
| NVDA Nvidia Corp. | New | 9.82% | +9.82 |
| NFLX Netflix Inc. | New | 5.65% | +5.65 |
| ZTS Zoetis Inc. | New | 2.71% | +2.71 |
| TMO Thermo Fisher Scientific Inc. | Add +135.2% | 2.73% | +1.55 |
| CSGP Costar Group Inc. | Add +0.6% | 6.39% | +1.51 |
| EPD Enterprise Products Partners | Add +85.1% | 1.94% | +1.09 |
| APH Amphenol Corp. Class A | Add +16.1% | 4.29% | +1.08 |
| COST Costco Wholesale Corp. | Add +76.6% | 4.23% | +0.79 |
| DE Deere & Co. | Add +0.9% | 4.30% | +0.67 |
| VEEV Veeva Systems Inc. Class A | Add +0.7% | 4.69% | +0.65 |
| APD Air Products & Chemicals Inc. | Add +0.4% | 4.87% | +0.35 |
| EME Emcor Group Inc. | Add +0.2% | 4.04% | +0.23 |
| HD Home Depot Inc. | Add +1.3% | 2.75% | +0.20 |
| CDNS Cadence Design SYS Inc. | Add +12.5% | 3.90% | +0.11 |
| AMZN Amazon.com Inc. | Add +0.6% | 6.95% | −0.13 |
| AAPL Apple Inc. | Add +11.4% | 4.57% | −0.31 |
| SHOP Shopify Inc. Class A | Add +0.3% | 4.00% | −0.37 |
| URI United Rentals Inc. | Add +0.6% | 3.58% | −0.39 |
| TTD Trade Desk Inc./the Class A | Add +12.0% | 0.73% | −0.58 |
| TSM Taiwan Semiconductor-SP ADR | Add +46.3% | 3.30% | −2.19 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 25 | $82.5M | VEEV, AMZN, CW, DE, RACE |
| Q1 2026Amended | 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 2025Amended | 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 |