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Portfolio (Quarterly) Guide ↗

Baker Ellis Asset Management LLC

· CIK 0001365559
13F Portfolio $842M AUM 254 positions Filed Apr 17, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 13 New 40 Added 99 Reduced 19 Exited
Page 5 of 13  ·  254 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
81 SHEL SHELL PLC Energy 21,393.0 $2.0M 0.24% -900.0 -4.0% $93.00 -6.8%
82 V VISA INC Financial Services 6,427.0 $1.9M 0.23% $302.24 +9.4%
83 HON HONEYWELL INTL INC Industrials 8,549.0 $1.9M 0.23% $226.03 -1.0%
84 VTIP VANGUARD MALVERN FDS 37,900.0 $1.9M 0.23% +8K +24.7% $49.95 +0.6%
85 LH LABCORP HOLDINGS INC Healthcare 7,005.0 $1.9M 0.22% $266.81 -4.1%
86 MRK MERCK & CO INC Healthcare 14,988.0 $1.8M 0.21% $120.29 -3.7%
87 BCC BOISE CASCADE CO DEL Basic Materials 21,570.0 $1.6M 0.19% +390.0 +1.8% $75.85 -11.5%
88 ITT ITT INC Industrials 8,550.0 $1.6M 0.19% $190.53 +1.1%
89 VBR VANGUARD INDEX FDS 7,413.0 $1.6M 0.19% $217.25 +6.2%
90 REGCO REGENCY CTRS CORP Real Estate 21,203.0 $1.6M 0.19% -381.0 -1.8% $75.66 -69.8%
91 AVDV AMERICAN CENTY ETF TR 15,830.0 $1.6M 0.19% $99.86 +8.5%
92 IWR ISHARES TR 16,214.0 $1.6M 0.19% $97.23 +8.0%
93 TJX TJX COS INC NEW Consumer Cyclical 9,575.0 $1.5M 0.18% -300.0 -3.0% $159.70 -0.3%
94 JMST J P MORGAN EXCHANGE TRADED F 29,800.0 $1.5M 0.18% -2K -6.3% $50.98 -0.2%
95 VDE VANGUARD WORLD FD 8,725.0 $1.5M 0.18% +600.0 +7.4% $173.04 -3.3%
96 OUNZ VANECK MERK GOLD ETF Financial Services 33,000.0 $1.5M 0.18% -4K -10.8% $45.05 -3.1%
97 UBS UBS GROUP AG Financial Services 37,250.0 $1.5M 0.17% $39.07 +21.0%
98 AEM AGNICO EAGLE MINES LTD Basic Materials 7,050.0 $1.4M 0.17% -500.0 -6.6% $202.98 -12.4%
99 TER TERADYNE INC Technology 4,700.0 $1.4M 0.17% $296.46 +16.2%
100 CAT CATERPILLAR INC Industrials 1,957.0 $1.4M 0.17% -200.0 -9.3% $708.46 +22.2%
Page 5 of 13  ·  254 positions

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
Industrials 21.8%
Technology 20.4%
Financial Services 13.4%
Consumer Defensive 9.6%
Energy 8.5%
Healthcare 7.1%
Communication Services 6.1%
Real Estate 5.3%
Consumer Cyclical 4.1%
Basic Materials 1.9%