Bailard, Inc.
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 8, 2024), Bailard, Inc. reported 731 stock positions worth $3.6 billion. Its top holding was Microsoft (MSFT) at 5.3% of the portfolio, followed by Apple (AAPL, 4.2%) and Invesco QQQ Trust Series 1 (QQQ, 3.4%). Compared with Q4 2023, it opened 137 new positions, sold out of 109, added to 216 and reduced 251. The biggest buy was iShares Russell 2000 Value E (IWN, shares +1583%) and the biggest sale SPDR Gold Shares (GLD, shares −96%).
- Most Recent 13F
- Q2 2026
- Location
- Foster City, CA
- CIK
- 0000750641
- Portfolio Value
- $3.6B (Q1 2024)
- SEC Filing
- 0001172661-24-002070 ↗ filed May 8, 2024
Holdings Value
Holdings 731 stocks · $3.6B
| MSFT Microsoft Corp. | 5.30% | 456,382 | $192.0M | Add +0.6% |
| AAPL Apple Inc. | 4.17% | 880,075 | $150.9M | Add +0.0% |
| QQQ Invesco QQQ Trust Series 1 | 3.36% | 273,882 | $121.6M | Reduce -2.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 3.00% | 207,636 | $108.6M | Add +0.1% |
| EFA iShares MSCI Eafe ETF | 2.83% | 1,284,099 | $102.5M | Reduce -0.7% |
| GOOGL Alphabet Inc. Class A | 2.20% | 528,224 | $79.7M | Reduce -1.5% |
| IWN iShares Russell 2000 Value E | 2.14% | 488,393 | $77.6M | Add +1583.1% |
| NVDA Nvidia Corp. | 1.90% | 76,026 | $68.7M | Reduce -5.0% |
| IEFA iShares Core MSCI Eafe ETF | 1.72% | 839,693 | $62.3M | Add +0.5% |
| VTI VG Morningstar TS MKT ETF-US | 1.70% | 236,580 | $61.5M | Reduce -3.2% |
| VGT Vanguard Info Tech ETF | 1.66% | 114,571 | $60.1M | Add +0.2% |
| JMBS Janus Henderson Mortg Backed | 1.50% | 1,206,615 | $54.4M | Add +5.2% |
| GILD Gilead Sciences Inc. | 1.36% | 672,641 | $49.3M | Reduce -0.1% |
| AMZN Amazon.com Inc. | 1.30% | 261,569 | $47.2M | Add +0.8% |
| V Visa Inc. Class A | 1.26% | 163,221 | $45.6M | Reduce -0.4% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 1.24% | 233,416 | $44.8M | Add +2.3% |
| UNH Unitedhealth Group Inc. | 1.06% | 77,475 | $38.3M | Reduce -1.5% |
| CMF iShares California Muni Bond | 1.05% | 662,709 | $38.1M | Add +353.9% |
| IVV iShares Core S&P 500 ETF | 1.04% | 71,726 | $37.7M | Reduce -1.6% |
| MUNI PIMCO Intermediate Municipal | 0.98% | 677,169 | $35.5M | Reduce -18.5% |
| GOVT iShares US Treasury Bond ETF | 0.97% | 1,547,879 | $35.2M | Add +7.7% |
| META Meta Platforms Inc. Class A | 0.91% | 67,544 | $32.8M | Reduce -4.5% |
| VEU Vanguard Ftse All-World Ex-U | 0.87% | 538,902 | $31.6M | Reduce -0.8% |
| VOO Vanguard S&P 500 ETF | 0.87% | 65,593 | $31.5M | Reduce -6.2% |
| HD Home Depot Inc. | 0.87% | 82,185 | $31.5M | Reduce -1.0% |
| IJS iShares S&P Small-Cap 600 Va | 0.87% | 306,387 | $31.5M | Add +1.4% |
| COST Costco Wholesale Corp. | 0.80% | 39,702 | $29.1M | Add +0.7% |
| JPM JPMorgan Chase & Co. | 0.75% | 135,939 | $27.2M | Reduce -0.8% |
| ADBE Adobe Inc. | 0.74% | 53,271 | $26.9M | Add +7.5% |
| MUB iShares National Muni Bond E | 0.74% | 249,570 | $26.9M | Add +0.5% |
| PG The Procter & Gamble Co. | 0.73% | 163,513 | $26.5M | Add +1.3% |
| IBTG iShares Ibonds Dec 2026 Term | 0.70% | 1,121,559 | $25.5M | Add +94.8% |
| XLK SS Technology Select Sector | 0.69% | 120,134 | $25.0M | Add +0.8% |
| TFI SS SPDR N Ice Muni Bond ETF | 0.68% | 529,965 | $24.6M | Reduce -54.8% |
| COP Conocophillips | 0.65% | 185,816 | $23.7M | Add +0.6% |
| JNJ Johnson & Johnson | 0.64% | 145,430 | $23.0M | Reduce -1.6% |
| BLK BlackRock Finance Inc. | 0.62% | 26,851 | $22.4M | Add +0.5% |
| QCOM Qualcomm Inc. | 0.61% | 131,290 | $22.2M | Reduce -0.3% |
| DHR Danaher Corp. | 0.61% | 88,876 | $22.2M | Add +10.0% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.60% | 215,179 | $21.8M | Add +0.5% |
| MS Morgan Stanley | 0.56% | 215,988 | $20.3M | Reduce -0.1% |
| ETN Eaton Corp. PLC | 0.56% | 64,927 | $20.3M | Add +1.0% |
| IJH iShares Core S&P Midcap ETF | 0.56% | 331,981 | $20.2M | Reduce -0.4% |
| WM Waste Management Inc. | 0.53% | 90,415 | $19.3M | Add +0.9% |
| ACN Accenture PLC Class A | 0.53% | 55,568 | $19.3M | Reduce -1.0% |
| KLAC KLA Corp. | 0.53% | 27,538 | $19.2M | Reduce -0.1% |
| TSM Taiwan Semiconductor-SP ADR | 0.53% | 140,602 | $19.1M | Add +208.5% |
| AMD Advanced Micro Devices | 0.52% | 104,283 | $18.8M | Reduce -10.7% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.52% | 370,392 | $18.7M | Reduce -18.2% |
| TT Trane Technologies PLC | 0.51% | 61,338 | $18.4M | Add +15.0% |
| VRTX Vertex Pharmaceuticals Inc. | 0.45% | 38,740 | $16.2M | Add +1.1% |
| CMI Cummins Inc. | 0.44% | 54,448 | $16.0M | Reduce -0.1% |
| GOOG Alphabet Inc. Class C | 0.44% | 104,234 | $15.9M | Reduce -1.2% |
| TGT Target Corp. | 0.42% | 85,708 | $15.2M | Add +0.6% |
| VWO Vanguard Ftse Emerging Marke | 0.41% | 357,454 | $14.9M | Add +1.2% |
| NFLX Netflix Inc. | 0.39% | 23,435 | $14.2M | Add +0.2% |
| STLD Steel Dynamics Inc. | 0.39% | 94,711 | $14.0M | Reduce -0.2% |
| ACWX iShares MSCI Acwi Ex US ETF | 0.38% | 257,503 | $13.7M | Add +4.7% |
| IGM iShares Expanded Tech Sector | 0.37% | 156,937 | $13.5M | Reduce -6.4% |
| QLTA iShares Aaa - A Rated Corpor | 0.37% | 282,411 | $13.4M | Reduce -0.8% |
| AMGN Amgen Inc. | 0.37% | 46,658 | $13.3M | Reduce -0.4% |
| VNQ Vanguard Real Estate ETF | 0.36% | 151,922 | $13.1M | Add +4.0% |
| PLD Prologis Inc. | 0.36% | 100,476 | $13.1M | Reduce -0.1% |
| PEP Pepsico Inc. | 0.36% | 74,590 | $13.1M | Reduce -2.3% |
| IJR iShares Core S&P Small-Cap E | 0.35% | 116,170 | $12.8M | Add +1.8% |
| SPGI S&P Global Inc. | 0.35% | 29,669 | $12.6M | Reduce -0.2% |
| UBER Uber Technologies Inc. | 0.35% | 162,635 | $12.5M | Reduce -3.4% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.34% | 100,499 | $12.3M | Add +3.9% |
| FISV Fiserv Inc. | 0.34% | 76,903 | $12.3M | Reduce -0.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.33% | 28,691 | $12.1M | Reduce -0.3% |
| VEA Vanguard Ftse Developed ETF | 0.33% | 237,251 | $11.9M | Add +1.8% |
| CVX Chevron Corp. | 0.33% | 75,409 | $11.9M | Reduce -11.7% |
| TXN Texas Instruments Inc. | 0.33% | 67,775 | $11.8M | Reduce -0.8% |
| CB Chubb Ltd. | 0.32% | 45,210 | $11.7M | Add +0.2% |
| REGN Regeneron Pharmaceuticals | 0.32% | 12,144 | $11.7M | Add +0.3% |
| IWR iShares Russell Mid-Cap ETF | 0.32% | 137,610 | $11.6M | Add +0.0% |
| ZTS Zoetis Inc. | 0.32% | 68,086 | $11.5M | Add +0.0% |
| INTU Intuit Inc. | 0.31% | 17,402 | $11.3M | Reduce -4.2% |
| LIN Linde PLC | 0.30% | 23,518 | $10.9M | Add +0.0% |
| NOW ServiceNow Inc. | 0.30% | 14,232 | $10.9M | Reduce -11.6% |
| BSX Boston Scientific Corp. | 0.29% | 155,065 | $10.6M | Add +25.4% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.28% | 268,095 | $10.2M | Add +0.3% |
| MCD McDonald's Corp. | 0.28% | 36,023 | $10.2M | Reduce -0.6% |
| SYY Sysco Corp. | 0.27% | 122,335 | $9.9M | Add +0.8% |
| EEM iShares MSCI Emerging Market | 0.27% | 241,558 | $9.9M | Add +0.8% |
| LLY Eli Lilly & Co. | 0.27% | 12,551 | $9.8M | Reduce -3.4% |
| ORCL Oracle Corp. | 0.27% | 77,130 | $9.7M | Reduce -3.1% |
| VLO Valero Energy Corp. | 0.26% | 55,743 | $9.5M | Add +0.3% |
| SUB iShares Short-Term National | 0.26% | 90,364 | $9.5M | Reduce -31.2% |
| UPS United Parcel Service Class B | 0.26% | 62,269 | $9.3M | Reduce -0.2% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.24% | 35,475 | $8.9M | Add +2.0% |
| ABT Abbott Laboratories | 0.24% | 77,219 | $8.8M | Reduce -0.0% |
| CRH CRH PLC | 0.24% | 101,042 | $8.7M | Reduce -14.4% |
| DXCM Dexcom Inc. | 0.24% | 62,024 | $8.6M | Add +11.4% |
| AZN Astrazeneca PLC-Spons ADR | 0.24% | 125,813 | $8.5M | Reduce -1.0% |
| VCR Vanguard Consumer Discre ETF | 0.23% | 26,371 | $8.4M | Reduce -3.3% |
| IWM iShares Russell 2000 ETF | 0.23% | 39,171 | $8.2M | Add +0.5% |
| XJH Ishare ESG SS S&P Midcap ETF | 0.23% | 199,467 | $8.2M | Add +2.1% |
| PNC PNC Financial Services Group | 0.22% | 50,264 | $8.1M | Reduce -0.2% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.22% | 35,382 | $8.1M | No change |
Portfolio Sells Q4 2023 → Q1 2024
| GLD SPDR Gold Shares | Reduce -96.2% | 0.08% | −1.90 |
| TFI SS SPDR N Ice Muni Bond ETF | Reduce -54.8% | 0.68% | −0.95 |
| MUNI PIMCO Intermediate Municipal | Reduce -18.5% | 0.98% | −0.32 |
| GILD Gilead Sciences Inc. | Reduce -0.1% | 1.36% | −0.26 |
| IBTE iShares Ibonds Dec 2024 Term | Reduce -79.7% | 0.05% | −0.22 |
| CVS CVS Health Corp. | Reduce -78.3% | 0.06% | −0.22 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Sold out | 0.00% | −0.19 |
| UNH Unitedhealth Group Inc. | Reduce -1.5% | 1.06% | −0.17 |
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -18.2% | 0.52% | −0.17 |
| SUB iShares Short-Term National | Reduce -31.2% | 0.26% | −0.15 |
| VGLT Vanguard Long-Term Treasury | Sold out | 0.00% | −0.14 |
| SONY Sony Group Corp. - SP ADR | Reduce -49.8% | 0.09% | −0.13 |
| FOUR SHIFT4 Payments Inc. Class A | Reduce -83.1% | 0.02% | −0.11 |
| ETF MANAGERS TR | Sold out | 0.00% | −0.09 |
| EFA iShares MSCI Eafe ETF | Reduce -0.7% | 2.83% | −0.06 |
| ACN Accenture PLC Class A | Reduce -1.0% | 0.53% | −0.05 |
| JNJ Johnson & Johnson | Reduce -1.6% | 0.64% | −0.05 |
| EVRG Evergy Inc. | Reduce -87.9% | 0.01% | −0.05 |
| CVX Chevron Corp. | Reduce -11.7% | 0.33% | −0.05 |
| IUSG iShares Core S&P U.S. Growth | Reduce -36.2% | 0.09% | −0.04 |
| NKE Nike Inc. Class B | Reduce -0.1% | 0.17% | −0.04 |
| SPGI S&P Global Inc. | Reduce -0.2% | 0.35% | −0.04 |
| SPSB SS SPDR P St C Corp. ETF | Reduce -13.4% | 0.16% | −0.04 |
| MCD McDonald's Corp. | Reduce -0.6% | 0.28% | −0.04 |
| NOW ServiceNow Inc. | Reduce -11.6% | 0.30% | −0.04 |
| PLD Prologis Inc. | Reduce -0.1% | 0.36% | −0.04 |
| QLTA iShares Aaa - A Rated Corpor | Reduce -0.8% | 0.37% | −0.04 |
| MS Morgan Stanley | Reduce -0.1% | 0.56% | −0.04 |
| UPS United Parcel Service Class B | Reduce -0.2% | 0.26% | −0.04 |
| VOO Vanguard S&P 500 ETF | Reduce -6.2% | 0.87% | −0.03 |
| AMGN Amgen Inc. | Reduce -0.4% | 0.37% | −0.03 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -2.0% | 3.36% | −0.03 |
| INTC Intel Corp. | Reduce -1.0% | 0.13% | −0.03 |
| VEU Vanguard Ftse All-World Ex-U | Reduce -0.8% | 0.87% | −0.03 |
| IYR iShares US Real Estate ETF | Reduce -2.8% | 0.21% | −0.03 |
| TSEOQ Trinseo PLC | Sold out | 0.00% | −0.02 |
| TSLA Tesla Inc. | Reduce -1.0% | 0.05% | −0.02 |
| INTU Intuit Inc. | Reduce -4.2% | 0.31% | −0.02 |
| PEP Pepsico Inc. | Reduce -2.3% | 0.36% | −0.02 |
| STBA S & T Bancorp Inc. | Sold out | 0.00% | −0.02 |
| ENB Enbridge Inc. | Sold out | 0.00% | −0.02 |
| BE Bloom Energy Corp. Class A | Sold out | 0.00% | −0.02 |
| HUM Humana Inc. | Reduce -0.1% | 0.05% | −0.02 |
| OCFC Oceanfirst Financial Corp. | Sold out | 0.00% | −0.02 |
| GNE Genie Energy Ltd. Class B | Reduce -54.0% | 0.01% | −0.02 |
| SITC Site Centers Corp. | Sold out | 0.00% | −0.02 |
| UVSP Univest Financial Corp. | Sold out | 0.00% | −0.02 |
| HSY The Hershey Co. | Sold out | 0.00% | −0.02 |
| WAT Waters Corp. | Sold out | 0.00% | −0.02 |
| SO The Southern Co. | Reduce -25.2% | 0.05% | −0.02 |
Portfolio Buys Q4 2023 → Q1 2024
| IWN iShares Russell 2000 Value E | Add +1583.1% | 2.14% | +2.01 |
| CMF iShares California Muni Bond | Add +353.9% | 1.05% | +0.80 |
| TSM Taiwan Semiconductor-SP ADR | Add +208.5% | 0.53% | +0.39 |
| IBTG iShares Ibonds Dec 2026 Term | Add +94.8% | 0.70% | +0.31 |
| MSFT Microsoft Corp. | Add +0.6% | 5.30% | +0.25 |
| IEF iShares 7-10 Year Treasury B | New | 0.22% | +0.22 |
| SMFG Sumitomo Mitsui-Spons ADR | New | 0.15% | +0.15 |
| AMZN Amazon.com Inc. | Add +0.8% | 1.30% | +0.13 |
| IWO iShares Russell 2000 Growth | Add +1267.4% | 0.14% | +0.13 |
| TT Trane Technologies PLC | Add +15.0% | 0.51% | +0.12 |
| VDE Vanguard Energy ETF | Add +506.6% | 0.14% | +0.12 |
| ETN Eaton Corp. PLC | Add +1.0% | 0.56% | +0.10 |
| BSX Boston Scientific Corp. | Add +25.4% | 0.29% | +0.08 |
| DIS The Walt Disney Co. | Add +3.9% | 0.34% | +0.08 |
| CHKP Check Point Software Tech | New | 0.08% | +0.08 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +0.1% | 3.00% | +0.08 |
| MBB iShares MBS ETF | Add +206.8% | 0.11% | +0.07 |
| CCEP Coca-Cola Europacific Partne | New | 0.07% | +0.07 |
| TEAM Atlassian Corp. Class A | New | 0.06% | +0.06 |
| P Everpure Inc. Class A | Add +14.3% | 0.17% | +0.06 |
| TGT Target Corp. | Add +0.6% | 0.42% | +0.06 |
| DHR Danaher Corp. | Add +10.0% | 0.61% | +0.06 |
| MU Micron Technology Inc. | Add +10.8% | 0.20% | +0.06 |
| WM Waste Management Inc. | Add +0.9% | 0.53% | +0.06 |
| NFLX Netflix Inc. | Add +0.2% | 0.39% | +0.06 |
| VLO Valero Energy Corp. | Add +0.3% | 0.26% | +0.05 |
| ASML ASML Holding NV-NY Reg SHS | Add +5.5% | 0.21% | +0.04 |
| EW Edwards Lifesciences Corp. | Add +12.8% | 0.15% | +0.04 |
| DXCM Dexcom Inc. | Add +11.4% | 0.24% | +0.03 |
| QUAL iShares MSCI USA Quality Fac | New | 0.03% | +0.03 |
| COST Costco Wholesale Corp. | Add +0.7% | 0.80% | +0.03 |
| PG The Procter & Gamble Co. | Add +1.3% | 0.73% | +0.03 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +4.7% | 0.17% | +0.03 |
| IBM Intl Business Machines Corp. | Add +103.4% | 0.06% | +0.03 |
| HUBS HubSpot Inc. | Add +19.0% | 0.18% | +0.03 |
| PRCT Procept Biorobotics Corp. | New | 0.03% | +0.03 |
| AMAT Applied Materials Inc. | Add +1.9% | 0.16% | +0.03 |
| C Citigroup Inc. | Add +14.6% | 0.11% | +0.03 |
| DECK Deckers Outdoor Corp. | New | 0.03% | +0.03 |
| SPIB SS SPDR P Int C Corp. ETF | Add +55.5% | 0.08% | +0.03 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +80.6% | 0.06% | +0.02 |
| PLGO Pelagos Insurance Capital LT | New | 0.02% | +0.02 |
| TRNO Terreno Realty Corp. | New | 0.02% | +0.02 |
| CB Chubb Ltd. | Add +0.2% | 0.32% | +0.02 |
| EHC Encompass Health Corp. | New | 0.02% | +0.02 |
| GPOR Gulfport Energy Corp. | New | 0.02% | +0.02 |
| OPLN Openlane Inc. | New | 0.02% | +0.02 |
| MFA Mfa Financial Inc. | New | 0.02% | +0.02 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +58.3% | 0.04% | +0.02 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Add +2.3% | 1.24% | +0.02 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 763 | $4.9B | AAPL, NVDA, GOOGL, MSFT, SPY |
| Q1 2026 | 736 | $4.4B | AAPL, NVDA, MSFT, SPY, GOOGL |
| Q4 2025 | 743 | $4.5B | AAPL, MSFT, NVDA, GOOGL, SPY |
| Q3 2025 | 776 | $4.6B | MSFT, AAPL, NVDA, SPY, QQQ |
| Q2 2025 | 753 | $4.3B | MSFT, AAPL, NVDA, SPY, EFA |
| Q1 2025 | 735 | $3.9B | AAPL, MSFT, SPY, NVDA, EFA |
| Q4 2024 | 725 | $3.9B | AAPL, MSFT, QQQ, SPY, NVDA |
| Q3 2024 | 734 | $3.8B | AAPL, MSFT, QQQ, SPY, NVDA |
| Q2 2024 | 722 | $3.6B | MSFT, AAPL, QQQ, SPY, EFA |
| Q1 2024 | 731 | $3.6B | MSFT, AAPL, QQQ, SPY, EFA |