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Portfolio (Quarterly) Guide ↗

Baird Financial Group, Inc.

· CIK 0001648711
13F Portfolio $64.0B AUM 3,212 positions Filed May 14, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 146 New 824 Added 675 Reduced 106 Exited
Page 6 of 34  ·  675 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
101 XLU SELECT SECTOR SPDR TR 626,228.0 $28.7M 0.04% -31K -4.7% $45.89 -4.4%
102 UNH UNITEDHEALTH GROUP INC Healthcare 105,767.0 $28.6M 0.04% -15K -12.5% $270.59 +47.5%
103 TKO TKO GROUP HOLDINGS INC Communication Services 138,624.0 $28.0M 0.04% -13K -8.4% $201.65 -4.5%
104 VNOM VIPER ENERGY INC Energy 589,254.0 $27.7M 0.04% -19K -3.2% $46.99 +1.5%
105 MMM 3M CO Industrials 190,029.0 $27.6M 0.04% -59K -23.6% $145.23 -0.1%
106 GLDM WORLD GOLD TR Financial Services 293,852.0 $27.2M 0.04% -37K -11.2% $92.69 -2.9%
107 ILMN ILLUMINA INC Healthcare 213,519.0 $26.3M 0.04% -19K -8.2% $123.26 +16.2%
108 VEEV VEEVA SYS INC Healthcare 147,612.0 $25.9M 0.04% -46K -23.8% $175.66 -11.0%
109 JCI JOHNSON CONTROLS INTERNATION Industrials 197,788.0 $25.9M 0.04% -8K -3.8% $130.95 +9.8%
110 LMBS FIRST TR EXCHANGE TRADED FD 514,944.0 $25.6M 0.04% -39K -7.1% $49.81 -0.1%
111 BROS DUTCH BROS INC Consumer Cyclical 488,644.0 $24.8M 0.04% -47K -8.7% $50.66 +0.7%
112 DLN WISDOMTREE TR 276,256.0 $24.7M 0.04% -74K -21.0% $89.33 +6.0%
113 HEI HEICO CORP NEW Industrials 87,394.0 $24.0M 0.04% -15K -14.9% $274.20 +8.4%
114 RMD RESMED INC Healthcare 105,940.0 $23.8M 0.04% -24K -18.7% $224.48 -9.8%
115 ITOT ISHARES TR 164,374.0 $23.4M 0.04% -13K -7.5% $142.43 +13.1%
116 GGG GRACO INC Industrials 273,580.0 $23.2M 0.04% -50K -15.4% $84.65 -9.6%
117 RJF RAYMOND JAMES FINL INC Financial Services 154,569.0 $22.4M 0.04% -30K -16.4% $144.79 +7.4%
118 PSX PHILLIPS 66 Energy 122,794.0 $22.4M 0.04% -90K -42.2% $182.18 -5.9%
119 CHDN CHURCHILL DOWNS INC Consumer Cyclical 246,774.0 $22.2M 0.04% -35K -12.6% $89.83 -3.5%
120 SLV ISHARES SILVER TR Financial Services 318,468.0 $21.7M 0.03% -237K -42.7% $68.14 +1.3%
Page 6 of 34  ·  675 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
Technology 23.0%
Financial Services 18.0%
Industrials 14.5%
Consumer Cyclical 11.4%
Communication Services 10.9%
Healthcare 8.8%
Utilities 4.3%
Consumer Defensive 4.0%
Energy 2.7%
Basic Materials 1.8%