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Livermore
Livermore
ZHEN

Baird Financial Group, Inc.

SEC CIK
0001648711
Latest filing
Aug 12, 2026

The latest 13F from Baird Financial Group, Inc. covers Q2 2026 (filed Aug 12, 2026): 1,924 long positions worth $72.7B. The top 10 holdings make up 25.4% of the portfolio, and the largest is Apple Inc. (AAPL) at 4.0%. Livermore has 22 filings on Form 13F from this institution, going back to Q1 2021.

What changed in Q2 2026

Share counts compared with Q1 2026: how many positions were new, added to, reduced or sold out, and the biggest buys and sells. Dollar amounts are estimated at the quarter-end prices implied by the filing.

Full comparison
New
172
Est. +$512.8M
Added
935
Est. +$3.20B
Reduced
720
Est. −$1.60B
Sold out
74
Est. −$191.0M

Top 5 holdings

Share of this quarter's portfolio value

  1. AAPLApple Inc.
    4.0%$2.94BHistory
  2. JPMJPMorgan Chase & Co
    3.1%$2.23BHistory
  3. GOOGAlphabet Inc.
    3.0%$2.22BHistory
  4. MSFTMicrosoft Corp
    3.0%$2.18BHistory
  5. GEVGE Vernova Inc.
    2.3%$1.65BHistory

Biggest buys

New and added positions, by estimated amount bought

  1. UBERUber Technologies, Inc
    +$257.2MAddedHistory
  2. iShares Russell Midcap ETF464287499
    +$186.5MAdded
  3. JNJJohnson & Johnson
    +$69.7MAddedHistory
  4. Vanguard Ftse Developed Markets ETF921943858
    +$69.6MAdded
  5. PGRProgressive Corp
    +$59.1MAddedHistory

Largest weight increases

New and added positions, by percentage points of the portfolio gained

  1. GEVGE Vernova Inc.
    +0.39 pp1.9% → 2.3%History
  2. GEGeneral Electric Co
    +0.31 pp1.5% → 1.9%History
  3. UBERUber Technologies, Inc
    +0.28 pp0.6% → 0.9%History
  4. iShares Russell Midcap ETF464287499
    +0.25 pp1.4% → 1.6%
  5. TSMTaiwan Semiconductor Manufacturing Co Ltd
    +0.13 pp0.5% → 0.6%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. GOOGAlphabet Inc.
    −$171.6MReducedHistory
  2. MUMicron Technology Inc
    −$62.6MReducedHistory
  3. HONHoneywell International Inc
    −$54.2MSold outHistory
  4. MUSAMurphy USA Inc.
    −$42.2MReducedHistory
  5. QCOMQualcomm Inc
    −$39.2MReducedHistory

Largest weight decreases

Reduced and sold-out positions, by percentage points of the portfolio lost

  1. XOMExxonMobil Holdings Corp
    −0.11 pp0.4% → 0.2%History
  2. WMTWalmart Inc.
    −0.10 pp0.4% → 0.3%History
  3. ABTAbbott Laboratories
    −0.10 pp0.3% → 0.2%History
  4. HONHoneywell International Inc
    −0.08 pp0.1% → 0.0%History
  5. DHRDanaher Corp
    −0.08 pp0.6% → 0.6%History

Metrics

13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.

Portfolio value
$72.7B
+$8.72B (+13.6%) vs. prior quarter
Positions
1,924
+98 vs. prior quarter
Top 10 concentration
25.4%
Top 10 as share of value
Turnover
2.6%
Q2 2026, one quarter
Average holding period
20.4 quarters
Weighted by value

How these are calculated

  • Portfolio value: the market value of all long positions in the 13F, as reported at quarter end, excluding options.
  • Top 10 concentration: the combined value of the 10 largest positions as a share of portfolio value.
  • Turnover: the smaller of this quarter's estimated purchases and estimated sales, divided by the average of this and last quarter's portfolio value. Estimates multiply the change in shares by the quarter-end price implied by the filing (market value divided by shares); new positions use this quarter's value and sold-out positions last quarter's. Only positions reported in shares count, and it is not calculated when the previous quarter was not filed.
  • Average holding period: how many consecutive quarters each current position has been held (including this one; a quarter without the position or without a filing starts the count over), weighted by this quarter's value. Counting starts with the first 13F in Livermore (Q1 2021), so positions held before then are understated.

13F filings by quarter

22 quarters, going back to Q1 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $72.7B (Q2 2026)

Q1 2021: $35.7BQ2 2021: $38.5BQ3 2021: $39.1BQ4 2021: $42.8BQ1 2022: $40.5BQ2 2022: $36.0BQ3 2022: $33.9BQ4 2022: $38.0BQ1 2023: $40.5BQ2 2023: $37.9BQ3 2023: $36.7BQ4 2023: $43.9BQ1 2024: $47.7BQ2 2024: $48.2BQ3 2024: $51.5BQ4 2024: $52.3BQ1 2025: $51.9BQ2 2025: $57.0BQ3 2025: $62.2BQ4 2025: $64.2BQ1 2026: $64.0BQ2 2026: $72.7B
Q1 2021Q2 2026
13F filings of Baird Financial Group, Inc. by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 12, 20261,924$72.7BAAPLJPMGOOGvs. Q1 2026SEC
Q1 2026May 14, 20261,826$64.0BAAPLMSFTJPMvs. Q4 2025SEC
Q4 2025Feb 13, 20261,786$64.2BMSFTAAPLJPMvs. Q3 2025SEC
Q3 2025Nov 13, 20251,794$62.2BMSFTAAPLJPMvs. Q2 2025SEC
Q2 2025Aug 13, 20251,765$57.0BMSFTAAPLJPMvs. Q1 2025SEC
Q1 2025May 15, 20251,753$51.9BAAPLMSFTJPMvs. Q4 2024SEC
Q4 2024Feb 14, 20251,746$52.3BAAPLMSFTJPMvs. Q3 2024SEC
Q3 2024Nov 14, 20241,747$51.5BMSFTAAPLJPMvs. Q2 2024SEC
Q2 2024Aug 14, 20241,753$48.2BMSFTAAPLJPMvs. Q1 2024SEC
Q1 2024May 14, 20241,750$47.7BMSFTAAPLJPMvs. Q4 2023SEC
Q4 2023Feb 14, 20241,706$43.9BMSFTAAPLJPMvs. Q3 2023SEC
Q3 2023Nov 13, 20231,705$36.7BMSFTAAPLJPMvs. Q2 2023SEC
Q2 2023Aug 11, 20231,686$37.9BAAPLMSFTJPMvs. Q1 2023SEC
Q1 2023May 15, 20231,684$40.5BAAPLMSFTJPMvs. Q4 2022SEC
Q4 2022Feb 13, 20231,679$38.0BMSFTAAPLJPMvs. Q3 2022SEC
Q3 2022Nov 15, 20221,694$33.9BAAPLMSFTJNJvs. Q2 2022SEC
Q2 2022Aug 8, 20221,766$36.0BAAPLMSFTJNJvs. Q1 2022SEC
Q1 2022May 13, 20221,796$40.5BAAPLMSFTBRK.Bvs. Q4 2021SEC
Q4 2021Feb 9, 20221,867$42.8BAAPLMSFTJPMvs. Q3 2021SEC
Q3 2021Nov 12, 20211,850$39.1BMSFTAAPLJPMvs. Q2 2021SEC
Q2 2021Aug 11, 20211,734$38.5BMSFTAAPLJPMvs. Q1 2021SEC
Q1 2021May 13, 20211,680$35.7BAAPLMSFTJPM–SEC

13D and 13G filings

Companies where Baird Financial Group, Inc. reports owning 5% or more on Schedule 13D or 13G, and its latest filings.

Current stakes of 5% or more

Baird Financial Group, Inc. does not currently report owning 5% or more of any company.

Latest filings

36 filings on file made by Baird Financial Group, Inc. or listing it as a reporting person; the latest 20 are shown.

Schedule 13D and 13G filings by Baird Financial Group, Inc.
CompanyFiled (ET)FilerFormStakeChangeEvent dateFiling
T. Rowe Price Exchange-Traded Funds, Inc.Common StockAug 13, 20263:00 PM ETRobert W. Baird & Co. Incand 2 others13G/A2.60%212.8K shares−6.60 ppfrom 9.20%Below 5%Jun 30, 2026SEC
First Trust Exchange-Traded Fund IIIShares of Beneficial Interests of First Trust RiverFront Dynamic Emerging Markets ETFAug 13, 20262:44 PM ETRobert W. Baird & Co. Incand 2 others13G/A4.80%40.8K shares−2.10 ppfrom 6.90%Below 5%Jun 30, 2026SEC
Russell Investments Exchange Traded FundsShares of International Developed Equity ETFAug 13, 20262:18 PM ETRobert W. Baird & Co. Incand 2 others13G5.50%249.2K shares+0.80 ppfrom 4.70%Jun 30, 2026SEC
Russell Investments Exchange Traded FundsShares of Global Equity ETFAug 13, 20261:34 PM ETRobert W. Baird & Co. Incand 2 others13G5.60%585.4K shares+0.80 ppfrom 4.80%Jun 30, 2026SEC
Russell Investments Exchange Traded FundsShares of Emerging Markets Equity ETFAug 13, 20261:15 PM ETRobert W. Baird & Co. Incand 2 others13G5.40%155.6K shares+0.60 ppfrom 4.80%Jun 30, 2026SEC
SMTISanara MedTech Inc.Apr 14, 20262:27 PM ETBaird Trust Coand 2 others13G/A0.00%21.1K shares−8.50 ppfrom 8.50%Below 5%Mar 31, 2026SEC
T. Rowe Price Exchange-Traded Funds, Inc.Common StockApr 14, 20262:02 PM ETRobert W. Baird & Co. Incand 2 others13G9.20%423.3K sharesNewMar 31, 2026SEC
SMTISanara MedTech Inc.Feb 6, 20264:09 PM ETBaird Trust Coand 2 others13G8.50%760.3K sharesNewDec 31, 2025SEC
First Trust Exchange-Traded Fund IIIShares of Beneficial Interests of First Trust RiverFront Dynamic Emerging Markets ETFFeb 6, 20263:35 PM ETRobert W. Baird & Co. Incand 2 others13G/A6.90%45.0K shares−2.60 ppfrom 9.50%Dec 31, 2025SEC
First Trust Exchange-Traded FundCommon Shares of Beneficial Interests of First Trust Dow Jones Select MicroCap Index FundFeb 6, 20263:21 PM ETRobert W. Baird & Co. Incand 2 others13G/A5.10%137.6K shares0.00 ppfrom 5.10%Dec 31, 2025SEC
WPRTWestport Fuel Systems Inc.Feb 6, 20263:04 PM ETRobert W. Baird & Co. Incand 2 others13G/A1.00%177.3K shares−4.30 ppfrom 5.30%Below 5%Dec 31, 2025SEC
PXLWPixelworks, IncFeb 6, 20262:49 PM ETRobert W. Baird & Co. Incand 2 others13G/A2.00%126.5K shares–Below 5%Dec 31, 2025SEC
Russell Investments Exchange Traded FundsShares of Emerging Markets Equity ETFFeb 6, 20261:26 PM ETRobert W. Baird & Co. Incand 2 others13G/A4.80%119.8K shares−2.20 ppfrom 7.00%Below 5%Dec 31, 2025SEC
Russell Investments Exchange Traded FundsShares of U.S. Small Cap Equity ETFFeb 6, 202611:34 AM ETRobert W. Baird & Co. Incand 2 others13G/A4.60%63.8K shares−3.20 ppfrom 7.80%Below 5%Dec 31, 2025SEC
Russell Investments Exchange Traded FundsShares of International Developed Equity ETFFeb 6, 202611:21 AM ETRobert W. Baird & Co. Incand 2 others13G/A4.70%178.4K shares−2.70 ppfrom 7.40%Below 5%Dec 31, 2025SEC
Russell Investments Exchange Traded FundsShares of Global Infrastructure ETFFeb 6, 202611:01 AM ETRobert W. Baird & Co. Incand 2 others13G/A3.70%42.9K shares−3.40 ppfrom 7.10%Below 5%Dec 31, 2025SEC
Russell Investments Exchange Traded FundsShares of Global Equity ETFFeb 6, 202610:45 AM ETRobert W. Baird & Co. Incand 2 others13G/A4.80%423.0K shares−2.80 ppfrom 7.60%Below 5%Dec 31, 2025SEC
AQMSAqua Metals, Inc.Feb 6, 202610:18 AM ETRobert W. Baird & Co. Incand 2 others13G/A0.00%550 shares−5.20 ppfrom 5.20%Below 5%Dec 31, 2025SEC
Russell Investments Exchange Traded FundsShares of U.S. Small Cap Equity Active ETFNov 12, 20255:47 PM ETRobert W. Baird & Co. Incand 2 others13G/A7.80%63.9K shares+0.40 ppfrom 7.40%Sep 30, 2025SEC
ProShares TrustShares of ProShares MSCI EAFE Dividend Growers ETFNov 12, 20255:34 PM ETRobert W. Baird & Co. Incand 2 others13G/A0.30%5.04K shares−4.70 ppfrom 5.00%Below 5%Sep 30, 2025SEC