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Portfolio (Quarterly) Guide ↗

Baker Ellis Asset Management LLC

· CIK 0001365559
13F Portfolio $964M AUM 265 positions Filed Jul 23, 2026 EDGAR ↗ ← All Funds
Q2 2026 Q1 2026 · All 21 New 47 Added 77 Reduced 10 Exited
Page 4 of 14  ·  265 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
61 VHT VANGUARD WORLD FD — 12,807.0 $3.8M 0.40% -130.0 -1.0% $299.01 +7.3%
62 KR KROGER CO Consumer Defensive 66,310.0 $3.7M 0.38% -540.0 -0.8% $55.53 +7.5%
63 HSIC SCHEIN HENRY INC Healthcare 43,750.0 $3.7M 0.38% -5K -9.5% $83.52 +3.0%
64 GS GOLDMAN SACHS GROUP INC Financial Services 3,464.0 $3.5M 0.36% -275.0 -7.3% $1011.27 -9.4%
65 SNY SANOFI SA Healthcare 81,342.0 $3.5M 0.36% -2K -2.1% $42.66 -3.5%
66 JNJ JOHNSON & JOHNSON Healthcare 13,294.0 $3.4M 0.35% +629.0 +5.0% $253.97 +7.1%
67 KIM KIMCO REALTY CORP Real Estate 131,020.0 $3.3M 0.34% — — $25.35 -11.3%
68 HII HUNTINGTON INGALLS INDS INC Industrials 11,735.0 $3.3M 0.34% — — $279.89 -8.2%
69 WY WEYERHAEUSER CO Real Estate 135,267.0 $3.2M 0.34% — — $23.94 -17.6%
70 RSP INVESCO EXCHANGE TRADED FD T — 15,085.0 $3.2M 0.33% -100.0 -0.7% $212.77 -1.4%
71 SCHP SCHWAB STRATEGIC TR — 120,980.0 $3.2M 0.33% +33K +37.7% $26.50 -5.0%
72 INTC INTEL CORP Technology 22,746.0 $3.2M 0.33% NEW — $139.63 -16.9%
73 VZ VERIZON COMMUNICATIONS INC Communication Services 70,983.0 $3.0M 0.31% — — $42.34 +10.3%
74 GLD SPDR GOLD TR Financial Services 7,469.0 $2.8M 0.28% -235.0 -3.0% $368.38 +2.6%
75 LPX LOUISIANA PAC CORP Basic Materials 34,905.0 $2.7M 0.28% — — $78.66 -16.0%
76 UNP UNION PAC CORP Industrials 9,938.0 $2.7M 0.28% — — $272.01 +0.8%
77 VEU VANGUARD INTL EQUITY INDEX F — 31,626.0 $2.6M 0.28% -1K -3.1% $83.75 +0.0%
78 — AMRIZE LTD — 48,907.0 $2.6M 0.27% -1K -2.6% $53.30 —
79 VTIP VANGUARD MALVERN FDS — 49,175.0 $2.5M 0.26% +11K +29.8% $50.23 -2.1%
80 NVS NOVARTIS AG Healthcare 14,950.0 $2.3M 0.24% — — $156.72 -6.3%
Page 4 of 14  ·  265 positions

① Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 25.5%
Industrials 23.8%
Financial Services 12.3%
Consumer Defensive 7.6%
Energy 6.9%
Healthcare 6.4%
Consumer Cyclical 5.0%
Real Estate 4.6%
Communication Services 3.4%
Basic Materials 2.7%