Baer Investment Advisory LLC
CIK 2057153 · View on SEC EDGAR ↗
- Portfolio value
- $119.5M
- Positions
- 43
- As of
- June 30, 2026
#8,031 of 9,443 by 13F value · top 85.0%
Portfolio value QoQ: +19.4% 13F does not disclose cash
- Top 10 holdings weight
- 49.57%
- Top 25 holdings weight
- 86.69%
- Positions above 1%
- 32
- Effective number of positions
- 27.1
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 5.32% Est. buys $46,006,592 · sells $5,842,792
Median holding: 4.0 quarters Tracked Q4 2024–Q2 2026 · 62.3% still held
- New positions
- 20
- Increased
- 10
- Decreased
- 12
- Closed
- 2
Put-notional exposure: 0.6% puts 13F reports option positions at underlying notional value — may include hedges, not necessarily bearish bets
On this page
- Performance vs S&P How this manager's 13F portfolio performed against the S&P 500.
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- High-conviction bets The holdings this manager is most concentrated in.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Performance vs S&P 500
Annualized: +14.9% · S&P 500: +21.7%
Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.
Priceable coverage: 99.6% · Options excluded: 30.9%
Sector breakdown
Technology
45.8%
Industrials
24.0%
Health Care
8.0%
Retail
6.8%
Consumer Discretionary
4.3%
Materials
3.4%
Communication Services
3.0%
Energy
1.8%
Utilities
1.0%
Real Estate
0.9%
Other/Unmapped
0.8%
Full portfolio 43 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| TSM Taiwan Semiconductor Manufacturing Company Ltd. | $7,953,673 | 6.66% | 593 | Call option | |||
| NVDA NVIDIA Corporation - Common Stock | $7,674,953 | 6.42% | 1,259 | Call option | |||
| VEEV Veeva Systems Inc. Class A Common Stock | $6,749,637 | 5.65% | 36,639 | $3,922,741 | Up ×1 | ||
| AMZN Amazon.com, Inc. - Common Stock | $6,188,487 | 5.18% | 25,604 | $770,968 | Down ×2 | ||
| CW Curtiss-Wright Corporation Common Stock | $6,033,285 | 5.05% | 7,962 | $624,511 | Up ×1 | ||
| DE Deere & Company Common Stock | $5,349,918 | 4.48% | 8,524 | $695,370 | Up ×1 | ||
| RACE Ferrari N.V. Common Shares | $5,175,928 | 4.33% | 13,815 | $556,085 | Up ×2 | ||
| EME EMCOR Group, Inc. Common Stock | $5,078,540 | 4.25% | 6,314 | $322,347 | Down ×2 | ||
| APH Amphenol Corporation Common Stock | $4,809,416 | 4.02% | 27,926 | $1,232,574 | Down ×3 | ||
| AAPL Apple Inc. - Common Stock | $4,224,360 | 3.54% | 15,029 | $672,056 | Up ×4 | ||
| ECL Ecolab Inc. Common Stock | $4,122,381 | 3.45% | 14,809 | $244,075 | Up ×4 | ||
| ADI Analog Devices, Inc. - Common Stock | $4,025,165 | 3.37% | 10,348 | $17,874 | Down ×3 | ||
| NVDA NVIDIA Corporation - Common Stock | $3,961,677 | 3.32% | 20,051 | $559,307 | Up ×2 | ||
| CDNS Cadence Design Systems, Inc. - Common Stock | $3,773,523 | 3.16% | 9,990 | $2,293,032 | Up ×2 | ||
| TXN Texas Instruments Incorporated - Common Stock | $3,747,134 | 3.14% | 12,557 | $459,373 | Down ×3 | ||
| MSFT Microsoft Corporation - Common Stock | $3,679,133 | 3.08% | 400 | Call option | |||
| URI United Rentals, Inc. Common Stock | $3,377,527 | 2.83% | 3,038 | $962,351 | Down ×2 | ||
| IBM International Business Machines Corporation Common Stock | $3,136,155 | 2.62% | 10,956 | $159,363 | Down ×1 | ||
| IBM International Business Machines Corporation Common Stock | $2,564,650 | 2.15% | 253 | Call option | |||
| EPD Enterprise Products Partners L.P. Common Stock | $2,202,485 | 1.84% | 60,309 | $-525,438 | Down ×2 | ||
| APH Amphenol Corporation Common Stock | $2,140,900 | 1.79% | 347 | Call option | Up ×1 | ||
| SHOP Shopify Inc. - Class A Subordinate Voting Shares | $2,022,585 | 1.69% | 16,629 | $-36,540 | Down ×1 | ||
| SHOP Shopify Inc. - Class A Subordinate Voting Shares | $2,000,120 | 1.67% | 430 | Call option | Up ×1 | ||
| NFLX Netflix, Inc. - Common Stock | $1,804,004 | 1.51% | 24,316 | $-1,764,699 | Down ×1 | ||
| CDNS Cadence Design Systems, Inc. - Common Stock | $1,789,010 | 1.50% | 183 | Call option | |||
| NFLX Netflix, Inc. - Common Stock | $1,770,155 | 1.48% | 1,236 | Call option | |||
| TMO Thermo Fisher Scientific Inc Common Stock | $1,663,189 | 1.39% | 3,240 | $131,581 | Up ×3 | ||
| INTU Intuit Inc. - Common Stock | $1,534,020 | 1.28% | 238 | Call option | |||
| HD Home Depot, Inc. (The) Common Stock | $1,429,673 | 1.20% | 4,075 | ||||
| MSFT Microsoft Corporation - Common Stock | $1,406,465 | 1.18% | 3,660 | $56,825 | Up ×1 | ||
| URI United Rentals, Inc. Common Stock | $1,381,690 | 1.16% | 50 | Call option | |||
| NEE NextEra Energy, Inc. Common Stock | $1,228,527 | 1.03% | 14,224 | Up ×1 | |||
| CSGP CoStar Group, Inc. - Common Stock | $1,029,597 | 0.86% | 1,454 | Call option | |||
| TMO Thermo Fisher Scientific Inc Common Stock | $742,205 | 0.62% | 69 | Call option | |||
| QQQ Invesco QQQ Trust, Series 1 | $663,300 | 0.56% | 900 | Put option | |||
| AAPL Apple Inc. - Common Stock | $626,290 | 0.52% | 97 | Call option | |||
| INTU Intuit Inc. - Common Stock | $597,992 | 0.50% | 2,239 | $-1,508,412 | Down ×3 | ||
| AMZN Amazon.com, Inc. - Common Stock | $549,495 | 0.46% | 96 | Call option | |||
| VEEV Veeva Systems Inc. Class A Common Stock | $388,825 | 0.33% | 73 | Call option | |||
| DE Deere & Company Common Stock | $327,650 | 0.27% | 23 | Call option | |||
| QQQ Invesco QQQ Trust, Series 1 | $308,922 | 0.26% | 426 | $-463,922 | Down ×1 | ||
| VRT Vertiv Holdings, LLC Class A Common Stock | $215,000 | 0.18% | 20 | Call option | Up ×1 | ||
| SNAP Snap Inc. Class A Common Stock | $47,500 | 0.04% | 10,000 | $1,500 | |||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| TSM | $7,953,673 | 593 | 6.66% |
| NVDA | $7,674,953 | 1,259 | 6.42% |
| MSFT | $3,679,133 | 400 | 3.08% |
| IBM | $2,564,650 | 253 | 2.15% |
| APH | $2,140,900 | 347 | 1.79% |
| SHOP | $2,000,120 | 430 | 1.67% |
| CDNS | $1,789,010 | 183 | 1.50% |
| NFLX | $1,770,155 | 1,236 | 1.48% |
| INTU | $1,534,020 | 238 | 1.28% |
| HD | $1,429,673 | 4,075 | 1.20% |
| URI | $1,381,690 | 50 | 1.16% |
| NEE | $1,228,527 | 14,224 | 1.03% |
| CSGP | $1,029,597 | 1,454 | 0.86% |
| TMO | $742,205 | 69 | 0.62% |
| QQQ | $663,300 | 900 | 0.56% |
Top movers (QoQ)
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| ITOT | March 31, 2025 | 19,211 | $11,943,487 | No longer tracked |
| TSM | March 31, 2026 | 680 | $7,249,103 | 24.3% |
| COST | Dec. 31, 2025 | 3,602 | $3,334,119 | 9.4% |
| UNH | March 31, 2025 | 4,065 | $3,143,783 | -26.0% |
| SHOP | June 30, 2025 | 31,684 | $3,093,626 | 26.4% |
| ZTS | Dec. 31, 2025 | 20,391 | $2,983,611 | -39.1% |
| APD | Dec. 31, 2025 | 9,137 | $2,674,916 | 22.9% |
| CSGP | March 31, 2026 | 1,454 | $2,032,661 | -20.6% |
| HD | Dec. 31, 2025 | 5,006 | $2,028,381 | -2.5% |
| TTD | Dec. 31, 2025 | 967 | $1,025,281 | -65.2% |
| QQQ | June 30, 2025 | 513 | $726,178 |