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Baird Financial Group, Inc.

SEC CIK
0001648711
Latest filing
Aug 12, 2026

Holdings in Q2 2023

Holdings as of Jun 30, 2023, filed Aug 11, 2023. Long positions only; changes compare share counts with Q1 2023.

Institution overview
Positions
1,686
+2 vs. Q1 2023
Portfolio value
$37.9B
−$2.65B (−6.5%) vs. Q1 2023
Filed
Aug 11, 2023
SEC
Holdings of Baird Financial Group, Inc. in Q2 2023
SecurityClassSharesValue% of portfolioShare changeActionHistory
AAPLApple Inc.Stock8,701,462$1.69B4.5%−2,067,784−19.2%ReducedHistory
MSFTMicrosoft CorpStock4,822,659$1.64B4.3%−1,086,635−18.4%ReducedHistory
JPMJPMorgan Chase & CoStock5,197,209$755.9M2.0%−1,224,922−19.1%ReducedHistory
Vanguard Ftse Developed Markets ETF921943858ETF15,032,609$694.2M1.8%−1,972,569−11.6%Reduced–
BRK.BBerkshire Hathaway IncStock1,990,135$678.6M1.8%−502,181−20.1%ReducedHistory
GOOGAlphabet Inc.Stock5,495,635$664.8M1.8%−971,654−15.0%ReducedHistory
HDHome Depot, Inc.Stock2,127,943$661.0M1.7%−578,741−21.4%ReducedHistory
iShares Russell 1000 Growth ETF464287614ETF2,378,733$654.6M1.7%+18,670+0.8%Added–
JNJJohnson & JohnsonStock3,822,534$632.7M1.7%−954,779−20.0%ReducedHistory
iShares Russell 1000 Value ETF464287598ETF3,606,278$569.2M1.5%−315,383−8.0%Reduced–
PGRProgressive CorpStock3,409,862$451.4M1.2%−1,102,998−24.4%ReducedHistory
iShares Russell Midcap ETF464287499ETF5,989,487$437.4M1.2%−1,398,442−18.9%Reduced–
FASTFastenal CoStock6,665,434$393.2M1.0%−1,948,267−22.6%ReducedHistory
Vanguard S&P 500 ETF922908363ETF846,139$344.6M0.9%−24,097−2.8%Reduced–
ORLYO Reilly Automotive IncStock346,026$330.6M0.9%−223,986−39.3%ReducedHistory
UNPUnion Pacific CorpStock1,560,647$319.3M0.8%−348,013−18.2%ReducedHistory
iShares Core MSCI Eafe ETF46432F842ETF4,633,440$312.8M0.8%−64,089−1.4%Reduced–
SCHWSchwab Charles CorpStock5,330,450$302.1M0.8%−275,823−4.9%ReducedHistory
CSCOCisco Systems, Inc.Stock5,792,730$299.7M0.8%−557,153−8.8%ReducedHistory
TELTE Connectivity plcREG SHS2,104,683$295.0M0.8%−606,341−22.4%ReducedHistory
ABBVAbbVie Inc.Stock2,120,387$285.7M0.8%−264,013−11.1%ReducedHistory
iShares Core S&P 500 ETF464287200ETF639,433$285.0M0.8%+115,019+21.9%Added–
DISWalt Disney CoStock3,140,574$280.4M0.7%−890,590−22.1%ReducedHistory
MRKMerck & Co., Inc.Stock2,407,415$277.8M0.7%−46,100−1.9%ReducedHistory
COSTCostco Wholesale CorpStock504,629$271.7M0.7%−99,326−16.4%ReducedHistory
TJXTJX Companies IncStock3,189,040$270.4M0.7%−720,355−18.4%ReducedHistory
iShares Core S&P Small Cap ETF464287804ETF2,707,092$269.8M0.7%−1,395,220−34.0%Reduced–
PFEPfizer IncStock7,272,126$266.7M0.7%−1,086,205−13.0%ReducedHistory
PHParker-Hannifin CorpStock649,191$253.2M0.7%+50,740+8.5%AddedHistory
SPYSPDR S&P 500 ETF TrustETF561,622$249.0M0.7%+15,083+2.8%AddedHistory
PEPPepsiCo IncStock1,333,423$247.0M0.7%−94,339−6.6%ReducedHistory
VVisa Inc.Stock1,012,726$240.5M0.6%−77,854−7.1%ReducedHistory
AMZNAmazon Com IncStock1,833,418$239.0M0.6%−210,234−10.3%ReducedHistory
GEGeneral Electric CoStock2,083,867$228.9M0.6%−670,518−24.3%ReducedHistory
CVXChevron CorpStock1,405,434$221.1M0.6%−113,719−7.5%ReducedHistory
OMCOmnicom Group Inc.COM2,263,231$215.3M0.6%−726,640−24.3%ReducedHistory
USBUS Bancorp DECOM NEW6,439,599$212.8M0.6%−968,028−13.1%ReducedHistory
PGProcter & Gamble CoStock1,358,944$206.2M0.5%−296,407−17.9%ReducedHistory
EXPDExpeditors International of Washington IncCOM1,643,974$199.1M0.5%−363,325−18.1%ReducedHistory
iShares Russell 2000 ETF464287655ETF1,038,292$194.4M0.5%+15,556+1.5%Added–
ABTAbbott LaboratoriesStock1,751,594$191.0M0.5%−297,424−14.5%ReducedHistory
Vanguard Intermediate-Term Bond ETF921937819ETF2,517,971$189.4M0.5%+97,219+4.0%Added–
METAMeta Platforms, Inc.Stock650,827$186.8M0.5%−158,455−19.6%ReducedHistory
Vanguard Morningstar Value ETF922908744ETF1,134,629$161.2M0.4%−256,728−18.5%Reduced–
BACBank of America CorpStock5,596,895$160.6M0.4%−1,699,488−23.3%ReducedHistory
iShares Core S&P Mid-Cap ETF464287507ETF596,521$156.0M0.4%+34,497+6.1%Added–
NVDANVIDIA CorpStock366,006$154.8M0.4%−165,679−31.2%ReducedHistory
Vanguard Ftse Emerging Markets ETF922042858ETF3,796,901$154.5M0.4%−1,719,455−31.2%Reduced–
MCDMcDonalds CorpStock503,074$150.1M0.4%−98,476−16.4%ReducedHistory
TSLATesla, Inc.Stock569,418$149.1M0.4%−3,755−0.7%ReducedHistory
SBUXStarbucks CorpStock1,476,979$146.3M0.4%+34,367+2.4%AddedHistory
GOOGLAlphabet Inc.Stock1,220,021$146.0M0.4%−612,717−33.4%ReducedHistory
AVGOBroadcom Inc.Stock164,041$142.3M0.4%−4,189−2.5%ReducedHistory
RTXRTX CorpStock1,390,821$136.2M0.4%+54,780+4.1%AddedHistory
TSCOTractor Supply CoCOM615,912$136.2M0.4%+60,338+10.9%AddedHistory
IDXXIDEXX Laboratories IncCOM270,725$136.0M0.4%+38,155+16.4%AddedHistory
Vanguard Morningstar Small-Cap ETF922908751ETF669,958$133.2M0.4%+18,503+2.8%Added–
KMXCarMax IncCOM1,590,790$133.1M0.4%−475,491−23.0%ReducedHistory
MAMastercard IncStock335,674$132.0M0.3%−167,523−33.3%ReducedHistory
UPSUnited Parcel Service IncStock729,716$130.8M0.3%−27,167−3.6%ReducedHistory
BLKBlackRock, Inc.COM184,203$127.3M0.3%−19,328−9.5%ReducedHistory
WFCWells Fargo & CompanyStock2,969,262$126.7M0.3%−530,508−15.2%ReducedHistory
BRBroadridge Financial Solutions, Inc.Stock743,518$123.1M0.3%−2,566−0.3%ReducedHistory
Vanguard Scottsdale FDS92206C102SHORT TERM TREAS2,120,884$122.4M0.3%−1,521,029−41.8%Reduced–
WSOWatsco IncCOM318,563$121.5M0.3%−18,498−5.5%ReducedHistory
State Street Energy Select Sector SPDR ETF81369Y506ETF1,485,330$120.6M0.3%−26,625−1.8%Reduced–
Vanguard Morningstar Total Stock Market ETF922908769ETF545,919$120.3M0.3%−367−0.1%Reduced–
XOMExxonMobil Holdings CorpCOM1,099,118$117.9M0.3%−54,675−4.7%ReducedHistory
Vanguard Intermediate-Term Corporate Bond ETF92206C870ETF1,483,912$117.3M0.3%−1,098,767−42.5%Reduced–
CATCaterpillar IncStock475,309$116.9M0.3%−7,231−1.5%ReducedHistory
WMTWalmart Inc.Stock725,692$114.1M0.3%−9,453−1.3%ReducedHistory
Dimensional U.S. Core Equity 2 ETF25434V708ETF4,183,477$113.6M0.3%+8,446+0.2%Added–
Vanguard Ftse All-World Ex-US Index Fund922042775ETF2,067,836$112.5M0.3%−12,485−0.6%Reduced–
CPRTCopart IncCOM1,227,360$111.9M0.3%−214,375−14.9%ReducedHistory
ADPAutomatic Data Processing IncStock505,004$111.0M0.3%−21,922−4.2%ReducedHistory
UNHUnitedHealth Group IncStock230,789$110.9M0.3%−111,695−32.6%ReducedHistory
POOLPool CorpCOM292,496$109.6M0.3%−47,756−14.0%ReducedHistory
FISVFiserv IncStock857,076$108.1M0.3%+12,412+1.5%AddedHistory
TSMTaiwan Semiconductor Manufacturing Co LtdADR1,052,383$106.2M0.3%+53,744+5.4%AddedHistory
DXCMDexcom IncCOM802,497$103.1M0.3%+133,299+19.9%AddedHistory
PAYXPaychex IncStock913,854$102.2M0.3%−71,110−7.2%ReducedHistory
QCOMQualcomm IncStock856,673$102.0M0.3%−34,515−3.9%ReducedHistory
CSGPCostar Group, Inc.COM1,139,207$101.4M0.3%+213,022+23.0%AddedHistory
SYKStryker CorpStock331,171$101.0M0.3%+6,264+1.9%AddedHistory
ICLRIcon PLCCOM402,630$100.7M0.3%−2,424−0.6%ReducedHistory
FNDFloor & Decor Holdings, Inc.CL A955,111$99.3M0.3%+165,549+21.0%AddedHistory
State Street SPDR Portfolio Short Term Corporate Bond ETF78464A474ETF3,361,779$99.0M0.3%+72,226+2.2%Added–
Invesco QQQ Trust Series I46090E103ETF259,902$96.0M0.3%+4,436+1.7%Added–
HEIHeico CorpCOM535,295$94.7M0.2%+88,655+19.8%AddedHistory
LLYEli Lilly & CoStock200,876$94.2M0.2%−28,058−12.3%ReducedHistory
MSCIMSCI Inc.Stock197,793$92.8M0.2%+30,896+18.5%AddedHistory
iShares MSCI Eafe ETF464287465ETF1,270,285$92.1M0.2%−191,893−13.1%Reduced–
PTCPTC Inc.Stock644,377$91.7M0.2%+219,219+51.6%AddedHistory
PODDInsulet CorpStock309,881$89.4M0.2%+60,132+24.1%AddedHistory
PCARPaccar IncCOM1,053,992$88.2M0.2%−4,198−0.4%ReducedHistory
Vanguard Morningstar Growth ETF922908736ETF307,353$87.0M0.2%+2,471+0.8%Added–
PAYCPaycom Software, Inc.Stock268,928$86.4M0.2%+24,050+9.8%AddedHistory
Vanguard Dividend Appreciation ETF921908844ETF524,641$85.2M0.2%+61,382+13.3%Added–
First Tr Exchange-Traded FD33734H106SHS2,121,149$85.0M0.2%−325,832−13.3%Reduced–
GLOBGlobant S.A.COM465,577$83.7M0.2%−7,852−1.7%ReducedHistory

Sold out since Q1 2023 (95)

Positions held at the end of Q1 2023 that are gone from this filing.

Positions of Baird Financial Group, Inc. sold out since Q1 2023
SecurityClassShares in Q1 2023Value in Q1 2023% of portfolio in Q1 2023History
PNFPPinnacle Financial Partners, Inc.COM582,555$32.1M0.1%History
VYXNCR Voyix CorpCOM852,007$20.1M<0.1%History
ABBNYABB LtdSPONSORED ADR361,256$12.4M<0.1%History
PIMCO ETF Tr72201R866INTER MUN BD ACT121,330$6.34M<0.1%–
First Tr Exchange-Traded FD33734X838INDXX NAT RE ETF426,310$5.65M<0.1%–
WHRWhirlpool CorpStock41,814$5.52M<0.1%History
iShares Tr464288117INTL TREA BD ETF100,191$4.03M<0.1%–
SPDR Ser Tr78464A813S&P 600 SML CAP39,008$3.28M<0.1%–
State Street SPDR Portfolio S&P 400 Mid Cap ETF78464A847ETF63,946$2.81M<0.1%–
PYCRPaycor HCM, Inc.COM86,903$2.30M<0.1%History
Invesco Exchange Traded FD T46137V431S&P 500 GARP ETF25,500$2.18M<0.1%–
BKRBaker Hughes CoCL A62,493$1.80M<0.1%History
iShares MSCI India ETF46429B598ETF44,605$1.76M<0.1%–
DAVAEndava plcADS25,614$1.72M<0.1%History
MAXRMaxar Technologies Inc.COM31,904$1.63M<0.1%History
Sunpower Corp867652406COM117,535$1.63M<0.1%–
Harbor ETF Trust41151J109ARES SYSTEMATIC35,750$1.58M<0.1%–
WOLFWolfspeed, Inc.Stock22,387$1.45M<0.1%History
OKTAOkta, Inc.CL A15,347$1.32M<0.1%History
DIAXNuveen Dow 30sm Dynamic Overwrite FundSHS68,379$1.00M<0.1%History
iShares Tr464288794US BR DEL SE ETF10,121$927.5K<0.1%–
MPVBarings Participation InvestorsSH BEN INT70,554$904.7K<0.1%History
ASAASA Gold & Precious Metals LtdSHS53,179$852.5K<0.1%History
HCCWarrior Met Coal, Inc.COM21,859$802.4K<0.1%History
TRIThomson Reuters CorpCOM NEW5,349$696.0K<0.1%History
Yamana Gold Inc98462Y100COM114,767$671.4K<0.1%–
HRIHerc Holdings IncCOM5,563$633.6K<0.1%History
PIImpinj IncCOM4,461$604.6K<0.1%History
SMCISuper Micro Computer, Inc.COM5,423$577.8K<0.1%History
SEESealed Air CorpCOM12,392$568.9K<0.1%History
IDAIdacorp IncCOM5,110$553.6K<0.1%History
FXFInvesco CurrencyShares Swiss Franc TrustSWISS FRANC5,530$538.6K<0.1%History
WUWestern Union COStock43,965$490.2K<0.1%History
CALYCallaway Golf CoCOM22,122$478.3K<0.1%History
CORTCorcept Therapeutics IncCOM21,841$473.1K<0.1%History
SOFISoFi Technologies, Inc.Stock73,820$448.1K<0.1%History
GRNAGreenLight Biosciences Holdings, PBCCOMMON STOCK965,080$417.3K<0.1%History
State Street SPDR Portfolio Aggregate Bond ETF78464A649ETF16,158$416.7K<0.1%–
OTTROtter Tail CorpCOM5,708$412.5K<0.1%History
ALLYAlly Financial Inc.Stock16,051$409.1K<0.1%History
POSTPost Holdings, Inc.COM4,377$393.4K<0.1%History
ARHSArhaus, Inc.COM CL A46,883$388.7K<0.1%History
Unified Ser Tr90470L550BALLAST SMLMD CP11,250$375.3K<0.1%–
iShares Tr464288372GLB INFRASTR ETF7,578$361.5K<0.1%–
State Street SPDR Portfolio Developed World Ex-US ETF78463X889ETF11,245$361.2K<0.1%–
SSBSouthState Bank CorpCOM4,853$345.8K<0.1%History
POLAPolar Power, Inc.COM261,287$344.9K<0.1%History
COLLCollegium Pharmaceutical, IncCOM14,279$342.6K<0.1%History
AEHRAehr Test SystemsCOM10,700$331.9K<0.1%History
State Street SPDR S&P 400 Mid Cap Value ETF78464A839ETF4,946$326.8K<0.1%–
iShares Tr46429B671MSCI CHINA ETF6,454$322.0K<0.1%–
iShares Tr464287325GLOB HLTHCRE ETF3,795$316.4K<0.1%–
iShares Tr464287788U.S. FINLS ETF4,413$313.9K<0.1%–
MGAMagna International IncCOM5,831$312.4K<0.1%History
PINSPinterest, Inc.CL A11,388$310.6K<0.1%History
PENNPENN Entertainment, Inc.COM9,760$289.5K<0.1%History
TRGPTarga Resources Corp.COM3,812$278.1K<0.1%History
BLBlackline, Inc.COM4,017$269.7K<0.1%History
WisdomTree Tr97717W794TRUE DEV INTL FD5,716$267.0K<0.1%–
CSTLCastle Biosciences IncCOM11,455$260.3K<0.1%History
VanEck ETF Trust92189F684RETAIL ETF1,585$259.0K<0.1%–
iShares Tr464288166AGENCY BOND ETF2,384$258.0K<0.1%–
AAAlcoa CorpStock6,017$256.1K<0.1%History
Vanguard Admiral FDS Inc921932885MIDCP 400 IDX2,933$248.4K<0.1%–
Schwab International Small-Cap Equity ETF808524888ETF7,288$245.7K<0.1%–
OZKBank OZKCOM7,077$242.0K<0.1%History
RLRalph Lauren CorpCL A2,032$237.1K<0.1%History
State Street SPDR S&P Software & Services ETF78464A599ETF1,925$236.9K<0.1%–
FFNWFirst Financial Northwest, Inc.COM18,150$231.8K<0.1%History
EVTEaton Vance Tax-Advantaged Dividend Income FundCOM10,185$230.3K<0.1%History
Abrdn ETFs003261104BBRG ALL COMD K111,084$230.2K<0.1%–
TTECTTEC Holdings, Inc.COM6,150$229.0K<0.1%History
GLTRabrdn Precious Metals Basket ETF TrustPHYSCL PRECS MET2,502$228.2K<0.1%History
TRTNTriton International LtdCL A3,566$225.4K<0.1%History
iShares Tr46434V696CORE MSCI PAC3,953$223.6K<0.1%–
First Tr Exchange-Traded FD33736Q104UT COM SHS ETF5,144$221.1K<0.1%–
XRAYDentsply Sirona Inc.Stock5,512$216.5K<0.1%History
SRPTSarepta Therapeutics, Inc.COM1,554$214.2K<0.1%History
EXRExtra Space Storage Inc.COM1,311$213.6K<0.1%History
Davis Fundamental ETF Tr23908L108SELECT FINL8,215$213.3K<0.1%–
PRGSProgress Software CorpCOM3,683$211.6K<0.1%History
NXPNuveen Select Tax Free Income PortfolioSH BEN INT14,712$210.5K<0.1%History
Two Harbors Investment Corp.90187B804COM14,178$208.6K<0.1%–
CNXCConcentrix CorpStock1,695$206.0K<0.1%History
STRTStrattec Security CorpCOM8,848$201.3K<0.1%History
First Tr Exch TRD Alphdx FD33737J182EMERG MKT ALPH9,440$200.1K<0.1%–
EOSEaton Vance Enhanced Equity Income Fund IICOM10,912$179.0K<0.1%History
FNWBFirst Northwest BancorpCOM12,600$144.9K<0.1%History
GNLGlobal Net Lease, Inc.COM NEW10,411$133.9K<0.1%History
VISNVistance Networks, Inc.COM12,025$76.6K<0.1%History
OMEROmeros CorpCOM10,640$49.5K<0.1%History
ENZBEnzo Biochem IncCOM15,000$36.5K<0.1%History
ORGOOrganogenesis Holdings Inc.COM12,384$26.4K<0.1%History
FTKFlotek Industries IncCOM25,000$17.3K<0.1%History
Cbre GBL Real Estate Inc FD12504G118RIGHT 04/06/202315,990$494<0.1%–