Bailard, Inc. Q1 2023 vs. Q2 2023: Analyzing Changes in Fund Holdings

Introduction:

In the world of finance, investment firms regularly file what is known as a Form 13F with the US Securities and Exchange Commission (SEC). This form discloses the holdings of institutional investment managers, providing investors with valuable insights into the investment strategies of these firms. In this article, we will analyze the changes in the fund holdings of Bailard, Inc. by comparing its Q1 2023 and Q2 2023 holdings.

Top Holdings:

1. Apple Inc (AAPL):

- Q1 2023: 899,215 shares valued at $148,280,000

- Q2 2023: 881,381 shares valued at $170,961,000

- Change: -2.0% in shares, +15.3% in value

Despite a slight decrease in shares held, Bailard, Inc. saw a significant increase in the value of its Apple Inc holdings.

2. Microsoft Corp (MSFT):

- Q1 2023: 472,578 shares valued at $136,244,000

- Q2 2023: 464,935 shares valued at $158,328,000

- Change: -1.6% in shares, +16.2% in value

Bailard, Inc. maintained a substantial position in Microsoft Corp, with a notable increase in its market value.

3. Invesco QQQ Trust (QQQ):

- Q1 2023: 86,139 shares valued at $27,644,000

- Q2 2023: 298,507 shares valued at $110,274,000

- Change: +246.5% in shares, +298.9% in value

The investment firm significantly increased its holdings in Invesco QQQ Trust, both in terms of shares owned and their market value.

4. SPDR S&P 500 ETF Trust (SPY):

- Q1 2023: 208,609 shares valued at $85,402,000

- Q2 2023: 215,099 shares valued at $95,349,000

- Change: +3.1% in shares, +11.6% in value

Bailard, Inc. slightly increased its position in the SPDR S&P 500 ETF Trust, resulting in a noticeable rise in its overall value.

5. iShares Trust (EFA):

- Q1 2023: 1,079,404 shares valued at $77,198,000

- Q2 2023: 1,092,416 shares valued at $79,200,000

- Change: +1.2% in shares, +2.6% in value

Bailard, Inc. maintained a consistent position in iShares Trust, experiencing a modest growth in both shares held and their market value.

Notable Changes:

1. NVIDIA Corporation (NVDA):

- Q1 2023: 84,916 shares valued at $23,587,000

- Q2 2023: 81,035 shares valued at $34,279,000

- Change: -4.6% in shares, +45.3% in value

Bailard, Inc. reduced its holdings in NVIDIA Corporation, but enjoyed a significant increase in the value of its remaining shares.

2. Netflix Inc (NFLX):

- Q1 2023: 16,883 shares valued at $5,832,000

- Q2 2023: 27,465 shares valued at $12,098,000

- Change: +62.5% in shares, +107.4% in value

The investment firm substantially increased its position in Netflix Inc, resulting in a remarkable surge in the market value of its holdings.

3. Procter & Gamble Co (PG):

- Q1 2023: 157,745 shares valued at $23,455,000

- Q2 2023: 151,031 shares valued at $22,917,000

- Change: -4.3% in shares, -2.3% in value

Bailard, Inc. slightly reduced its position in Procter & Gamble Co, leading to a marginal decrease in the market value of its holdings.

Conclusion:

Bailard, Inc. made strategic adjustments to its fund holdings in the second quarter of 2023. While some positions were reduced or remained unchanged, the investment firm capitalized on opportunities to increase its holdings in companies such as Invesco QQQ Trust and Netflix Inc, resulting in substantial gains. By closely monitoring these changes in fund holdings, investors can gain valuable insights into Bailard, Inc.'s investment strategies and potentially make informed investment decisions.

(Note: The data provided in this article is for illustrative purposes only and does not constitute financial advice. Investors should conduct thorough research and consult with a financial professional before making any investment decisions.)