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Baird Financial Group, Inc.

SEC CIK
0001648711
Latest filing
Aug 12, 2026

Holdings in Q2 2025

Holdings as of Jun 30, 2025, filed Aug 13, 2025. Long positions only; changes compare share counts with Q1 2025.

Institution overview
Positions
1,765
+12 vs. Q1 2025
Portfolio value
$57.0B
+$5.09B (+9.8%) vs. Q1 2025
Filed
Aug 13, 2025
SEC
Holdings of Baird Financial Group, Inc. in Q2 2025
SecurityClassSharesValue% of portfolioShare changeActionHistory
MSFTMicrosoft CorpStock5,488,964$2.73B4.8%+12,999+0.2%AddedHistory
AAPLApple Inc.Stock9,620,363$1.97B3.5%+17,824+0.2%AddedHistory
JPMJPMorgan Chase & CoStock6,257,540$1.81B3.2%+151,170+2.5%AddedHistory
BRK.BBerkshire Hathaway IncStock2,436,202$1.18B2.1%−8,795−0.4%ReducedHistory
GOOGAlphabet Inc.Stock6,571,131$1.17B2.0%+163,361+2.5%AddedHistory
iShares Russell 1000 Growth ETF464287614ETF2,729,778$1.16B2.0%+372,064+15.8%Added–
METAMeta Platforms, Inc.Stock1,526,570$1.13B2.0%+126,587+9.0%AddedHistory
iShares Russell 1000 Value ETF464287598ETF5,275,282$1.02B1.8%+593,784+12.7%Added–
HDHome Depot, Inc.Stock2,683,753$984.0M1.7%+83,271+3.2%AddedHistory
Vanguard Ftse Developed Markets ETF921943858ETF17,199,318$980.5M1.7%−210,591−1.2%Reduced–
PGRProgressive CorpStock3,556,688$949.1M1.7%+157,593+4.6%AddedHistory
AMZNAmazon Com IncStock4,043,391$887.1M1.6%+1,449,697+55.9%AddedHistory
GEGeneral Electric CoStock3,200,483$823.8M1.4%+180,877+6.0%AddedHistory
GEVGE Vernova Inc.Stock1,556,103$823.4M1.4%−128,570−7.6%ReducedHistory
NVDANVIDIA CorpStock4,898,906$774.0M1.4%+199,263+4.2%AddedHistory
iShares Russell Midcap ETF464287499ETF8,215,063$755.5M1.3%−3,6000.0%Reduced–
SCHWSchwab Charles CorpStock7,294,943$665.6M1.2%+390,616+5.7%AddedHistory
JNJJohnson & JohnsonStock4,161,588$635.7M1.1%+67,158+1.6%AddedHistory
PHParker-Hannifin CorpStock890,467$622.0M1.1%+43,568+5.1%AddedHistory
FASTFastenal CoStock14,387,440$604.3M1.1%−2,450,090−14.6%ReducedConverted for a 2-for-1 splitHistory
iShares Core S&P Small Cap ETF464287804ETF5,478,695$598.8M1.0%−186,436−3.3%Reduced–
COSTCostco Wholesale CorpStock601,569$595.5M1.0%−3,604−0.6%ReducedHistory
AVGOBroadcom Inc.Stock2,053,956$566.2M1.0%+15,636+0.8%AddedHistory
DISWalt Disney CoStock4,447,213$551.5M1.0%+204,947+4.8%AddedHistory
ORLYO Reilly Automotive IncStock5,955,288$536.8M0.9%−961,662−13.9%ReducedConverted for a 15-for-1 splitHistory
iShares Core S&P 500 ETF464287200ETF788,969$489.9M0.9%−3,760−0.5%Reduced–
TJXTJX Companies IncStock3,889,446$480.3M0.8%+147,652+3.9%AddedHistory
Vanguard S&P 500 ETF922908363ETF829,440$471.1M0.8%−31,110−3.6%Reduced–
TELTE Connectivity plcStock2,758,278$465.2M0.8%+131,547+5.0%AddedHistory
iShares Core MSCI Eafe ETF46432F842ETF5,407,908$451.5M0.8%−347,587−6.0%Reduced–
UNPUnion Pacific CorpStock1,911,517$439.8M0.8%−73,440−3.7%ReducedHistory
VVisa Inc.Stock1,114,236$395.6M0.7%+5,051+0.5%AddedHistory
SPYSPDR S&P 500 ETF TrustETF621,677$384.1M0.7%+4,838+0.8%AddedHistory
ABBVAbbVie Inc.Stock1,987,340$368.9M0.6%−36,202−1.8%ReducedHistory
DHRDanaher CorpStock1,847,491$365.0M0.6%+405,785+28.1%AddedHistory
GOOGLAlphabet Inc.Stock1,937,680$341.5M0.6%−120,620−5.9%ReducedHistory
Vanguard Scottsdale FDS92206C102SHORT TERM TREAS5,751,500$338.1M0.6%+898,635+18.5%Added–
Vanguard Intermediate-Term Corporate Bond ETF92206C870ETF3,869,651$320.9M0.6%+594,990+18.2%Added–
WFCWells Fargo & CompanyStock3,920,550$314.1M0.6%+161,356+4.3%AddedHistory
MAMastercard IncStock547,981$307.9M0.5%+8,883+1.6%AddedHistory
BACBank of America CorpStock6,298,901$298.1M0.5%−69,907−1.1%ReducedHistory
OMCOmnicom Group Inc.COM4,132,858$297.3M0.5%+236,588+6.1%AddedHistory
Vanguard Intermediate-Term Bond ETF921937819ETF3,562,434$275.5M0.5%+186,697+5.5%Added–
ABTAbbott LaboratoriesStock1,992,050$270.9M0.5%+12,764+0.6%AddedHistory
PGProcter & Gamble CoStock1,642,493$261.7M0.5%−59,511−3.5%ReducedHistory
Vanguard Ftse Emerging Markets ETF922042858ETF5,112,512$252.9M0.4%+434,937+9.3%Added–
iShares Tr4642874407-10 YR TRSY BD2,634,983$252.4M0.4%+104,338+4.1%Added–
Vanguard Morningstar Value ETF922908744ETF1,426,340$252.1M0.4%+11,636+0.8%Added–
Vanguard Morningstar Total Stock Market ETF922908769ETF787,131$239.2M0.4%+27,984+3.7%Added–
CVXChevron CorpStock1,603,567$229.6M0.4%−93,344−5.5%ReducedHistory
KMXCarMax IncCOM3,298,113$221.7M0.4%+204,481+6.6%AddedHistory
EXPDExpeditors International of Washington IncCOM1,937,324$221.3M0.4%+92,222+5.0%AddedHistory
WMTWalmart Inc.Stock2,234,201$218.5M0.4%−40,028−1.8%ReducedHistory
iShares Core S&P Mid-Cap ETF464287507ETF3,473,705$215.4M0.4%+86,685+2.6%Added–
LLYEli Lilly & CoStock266,569$207.8M0.4%+5,851+2.2%AddedHistory
Vanguard Morningstar Growth ETF922908736ETF469,987$206.0M0.4%+8,784+1.9%Added–
CSCOCisco Systems, Inc.Stock2,916,044$202.3M0.4%−315,073−9.8%ReducedHistory
Invesco QQQ Trust Series I46090E103ETF353,995$195.3M0.3%−9,817−2.7%Reduced–
Vanguard Ftse All-World Ex-US Index Fund922042775ETF2,901,214$195.0M0.3%+218,762+8.2%Added–
TSMTaiwan Semiconductor Manufacturing Co LtdADR856,067$193.9M0.3%+119,412+16.2%AddedHistory
BLKBlackRock, Inc.Stock181,204$190.1M0.3%−3,317−1.8%ReducedHistory
Vanguard Morningstar Small-Cap ETF922908751ETF775,674$183.8M0.3%+78,416+11.2%Added–
iShares Tr464288877EAFE VALUE ETF2,661,374$168.9M0.3%+81,973+3.2%Added–
Dimensional U.S. Core Equity 2 ETF25434V708ETF4,582,188$164.2M0.3%−9,932−0.2%Reduced–
MCDMcDonalds CorpStock538,676$157.4M0.3%−3,952−0.7%ReducedHistory
ADPAutomatic Data Processing IncStock491,903$151.7M0.3%+469+0.1%AddedHistory
Vanguard Morningstar Mid-Cap ETF922908629ETF538,132$150.6M0.3%+4,383+0.8%Added–
SPGIS&P Global Inc.Stock279,820$147.5M0.3%+14,819+5.6%AddedHistory
SYKStryker CorpStock371,769$147.1M0.3%+12,369+3.4%AddedHistory
XOMExxonMobil Holdings CorpCOM1,337,738$144.2M0.3%−28,153−2.1%ReducedHistory
FISVFiserv IncStock820,814$141.5M0.2%+8,645+1.1%AddedHistory
iShares Core MSCI Emerging Markets ETF46434G103ETF2,235,127$134.2M0.2%+55,615+2.6%Added–
Vanguard Dividend Appreciation ETF921908844ETF650,338$133.1M0.2%+40,597+6.7%Added–
iShares Russell 2000 ETF464287655ETF615,948$132.9M0.2%+37,074+6.4%Added–
ETNEaton Corp plcStock370,531$132.3M0.2%+29,900+8.8%AddedHistory
ASMLASML Holding NVADR157,808$126.5M0.2%+22,668+16.8%AddedHistory
PEPPepsiCo IncStock951,642$125.7M0.2%−7,225−0.8%ReducedHistory
SHWSherwin Williams CoCOM360,669$123.8M0.2%+9,114+2.6%AddedHistory
Schwab US Dividend Equity ETF808524797ETF4,630,952$122.7M0.2%+242,479+5.5%Added–
CATCaterpillar IncStock315,581$122.5M0.2%−90,394−22.3%ReducedHistory
PAYXPaychex IncStock834,655$121.4M0.2%−23,010−2.7%ReducedHistory
iShares MSCI Eafe ETF464287465ETF1,342,139$120.0M0.2%+7,270+0.5%Added–
IBMInternational Business Machines CorpStock398,650$117.5M0.2%−98,398−19.8%ReducedHistory
SBUXStarbucks CorpStock1,256,252$115.1M0.2%−92,211−6.8%ReducedHistory
State Street SPDR Portfolio Short Term Corporate Bond ETF78464A474ETF3,799,251$114.7M0.2%−326,449−7.9%Reduced–
TSLATesla, Inc.Stock359,602$114.2M0.2%−20,682−5.4%ReducedHistory
ADIAnalog Devices IncStock471,077$112.1M0.2%+3,108+0.7%AddedHistory
BRBroadridge Financial Solutions, Inc.Stock457,291$111.1M0.2%−17,452−3.7%ReducedHistory
RTXRTX CorpStock758,970$110.8M0.2%−8,705−1.1%ReducedHistory
ORCLOracle CorpStock506,681$110.8M0.2%+11,759+2.4%AddedHistory
WCNWaste Connections, Inc.COM575,522$107.5M0.2%+111,517+24.0%AddedHistory
CRMSalesforce, Inc.Stock390,765$106.6M0.2%+4,342+1.1%AddedHistory
ACNAccenture plcStock355,268$106.2M0.2%−6,140−1.7%ReducedHistory
PANWPalo Alto Networks IncStock516,996$105.8M0.2%+4,572+0.9%AddedHistory
QCOMQualcomm IncStock660,035$105.1M0.2%−106,018−13.8%ReducedHistory
APHAmphenol CorpCL A1,052,532$103.9M0.2%+64,252+6.5%AddedHistory
NVONovo Nordisk A SADR1,476,673$101.9M0.2%+441,034+42.6%AddedHistory
iShares S&P 500 Growth ETF464287309ETF914,023$100.6M0.2%+6,682+0.7%Added–
VZVerizon Communications IncStock2,307,034$99.8M0.2%−42,572−1.8%ReducedHistory
MRKMerck & Co., Inc.Stock1,247,166$98.7M0.2%−191,756−13.3%ReducedHistory

Sold out since Q1 2025 (103)

Positions held at the end of Q1 2025 that are gone from this filing.

The largest 100 of 103 by value last quarter.

Positions of Baird Financial Group, Inc. sold out since Q1 2025
SecurityClassShares in Q1 2025Value in Q1 2025% of portfolio in Q1 2025History
FHNFirst Horizon CorpCOM386,529$7.51M<0.1%History
SEMSelect Medical Holdings CorpCOM339,598$5.67M<0.1%History
PRCTPROCEPT BioRobotics CorpCOM70,117$4.09M<0.1%History
OWLBlue Owl Capital Inc.COM CL A177,912$3.57M<0.1%History
TOLToll Brothers, Inc.COM29,681$3.13M<0.1%History
SPSCSPS Commerce IncCOM23,496$3.12M<0.1%History
BCBrunswick CorpCOM55,968$3.01M<0.1%History
MORNMorningstar, Inc.COM9,503$2.85M<0.1%History
GDENNew Royal Holdco I Inc.COM106,502$2.81M<0.1%History
PJTPJT Partners Inc.COM CL A19,137$2.64M<0.1%History
Barrick Gold Corp067901108COM116,943$2.27M<0.1%–
DFSDiscover Financial ServicesCOM12,554$2.14M<0.1%History
BTUPeabody Energy CorpCOM127,425$1.73M<0.1%History
Invesco Exch Traded FD Tr II46138E628KBW BK ETF26,383$1.66M<0.1%–
SPDR Series Trust78468R556SP O&G EXPL PRO11,876$1.56M<0.1%–
XPELXPEL, Inc.COM52,477$1.54M<0.1%History
ACADAcadia Pharmaceuticals IncCOM90,864$1.51M<0.1%History
BERYBerry Global Group, Inc.COM18,230$1.27M<0.1%History
MUFGMitsubishi Ufj Financial Group IncSPONSORED ADS89,228$1.22M<0.1%History
APLSApellis Pharmaceuticals, Inc.COM55,529$1.21M<0.1%History
GWHESS Tech, Inc.COM NEW367,517$1.20M<0.1%History
BCSBarclays PLCADR75,771$1.16M<0.1%History
BNTXBioNTech SESPONSORED ADS12,448$1.13M<0.1%History
AYIAcuity Inc. (DE)Stock4,296$1.13M<0.1%History
SPDR Series Trust78464A789ST STR SP INS18,052$1.09M<0.1%–
Schwab US Tips ETF808524870ETF38,193$1.03M<0.1%–
APOGApogee Enterprises, Inc.COM21,348$989.1K<0.1%History
GPKGraphic Packaging Holding CoCOM32,279$838.0K<0.1%History
iShares Tr46434V803HDG MSCI EAFE20,555$745.9K<0.1%–
ACMRACM Research, Inc.Stock30,958$722.6K<0.1%History
GOLDGold.com, Inc.COM28,454$721.9K<0.1%History
VNOVornado Realty TrustSH BEN INT17,680$654.0K<0.1%History
CFRCullen/Frost Bankers, Inc.COM4,917$615.6K<0.1%History
ALKSAlkermes plc.SHS17,764$586.6K<0.1%History
JAZZJazz Pharmaceuticals plcSHS USD4,341$539.0K<0.1%History
PDCOPatterson Companies, Inc.COM14,862$464.3K<0.1%History
PMOFranklin Municipal Opportunities TrustSH BEN INT45,532$464.0K<0.1%History
iShares Tr464287697U.S. UTILITS ETF4,037$409.4K<0.1%–
WisdomTree Tr97717W422INDIA ERNGS FD8,821$385.6K<0.1%–
OTTROtter Tail CorpCOM4,657$374.3K<0.1%History
TCOMTrip.com Group LtdADS5,828$370.5K<0.1%History
NMRNomura Holdings IncSPONSORED ADR59,431$365.5K<0.1%History
JWNNordstrom IncStock14,936$365.2K<0.1%History
HUTHut 8 Corp.COM31,000$360.2K<0.1%History
iShares Tr464288323NEW YORK MUN ETF6,760$355.9K<0.1%–
First Tr Exchange-Traded FD33736Q104UT COM SHS ETF6,038$315.7K<0.1%–
First Tr Exchange Traded FD33738R860NASDAQ BK ETF10,320$313.7K<0.1%–
iShares Tr46435G102CONV BD ETF3,711$310.3K<0.1%–
iShares Inc464286749MSCI SWITZERLAND5,730$296.8K<0.1%–
RBB FD Inc74933W635MOTLEY FOOL GBL10,613$293.8K<0.1%–
iShares Inc464286178US INTL HGH YLD6,505$289.9K<0.1%–
LBRTLiberty Energy Inc.COM CL A18,202$288.1K<0.1%History
BBAIBigBear.ai Holdings, Inc.COM100,000$286.0K<0.1%History
NWNNorthwest Natural Holding CoCOM6,635$283.4K<0.1%History
Managed Portfolio Series56167N720TORTOISE NRAM PI7,770$282.6K<0.1%–
HSICHenry Schein IncCOM4,086$279.9K<0.1%History
iShares Tr46435G334MSCI UK ETF NEW7,465$279.7K<0.1%–
State Street SPDR Bloomberg Emerging Markets Local Bond ETF78464A391ETF13,672$274.4K<0.1%–
LGTYLogility Supply Chain Solutions, IncCL A19,197$273.7K<0.1%History
PIIPolaris Inc.Stock6,680$273.5K<0.1%History
TXNMTXNM Energy IncCOM5,095$272.5K<0.1%History
GXOGXO Logistics, Inc.Stock6,946$271.4K<0.1%History
First Tr Exchng Traded FD VI33740F276FT ENER INCO ETF12,849$260.7K<0.1%–
IFFInternational Flavors & Fragrances IncCOM3,251$252.3K<0.1%History
Invesco Exch Traded FD Tr II46138E669GLOBAL EX US HGH12,530$248.3K<0.1%–
LNCLincoln National CorpCOM6,714$241.1K<0.1%History
iShares Inc464286400MSCI BRAZIL ETF9,286$240.0K<0.1%–
NOVTNovanta IncCOM1,868$238.9K<0.1%History
CNCCentene CorpStock3,883$235.7K<0.1%History
HALHalliburton CoStock9,205$233.5K<0.1%History
SPDR Series Trust78464A805ST STR PR SP15003,419$232.5K<0.1%–
KDKyndryl Holdings, Inc.Stock7,294$229.0K<0.1%History
MRPMillrose Properties, Inc.COM CL A8,459$224.2K<0.1%History
MANManpowerGroup Inc.COM3,788$219.2K<0.1%History
CHXChampionX CorpCOM7,184$214.1K<0.1%History
GMEDGlobus Medical IncStock2,890$211.5K<0.1%History
BRKRBruker CorpCOM5,000$208.7K<0.1%History
HTGCHercules Capital, Inc.COM10,864$208.7K<0.1%History
IOSPInnospec Inc.COM2,170$205.6K<0.1%History
FLFoot Locker, Inc.COM14,335$202.1K<0.1%History
SEICSEI Investments CoCOM2,589$201.0K<0.1%History
BMEZBlackRock Health Sciences Term TrustCOM SHS12,655$188.6K<0.1%History
VCVInvesco California Value Municipal Income TrustCOM17,630$187.1K<0.1%History
ETGEaton Vance Tax-Advantaged Global Dividend Income FundCOM10,225$186.3K<0.1%History
PCFHigh Income Securities FundSHS BEN INT27,585$183.4K<0.1%History
OSCROscar Health, Inc.CL A12,138$159.1K<0.1%History
GOODGladstone Commercial CorpCOM10,613$159.0K<0.1%History
DVDoubleVerify Holdings, Inc.COM11,530$154.2K<0.1%History
RIOTRiot Platforms, Inc.COM21,500$153.1K<0.1%History
iShares Global Clean Energy ETF464288224ETF11,507$131.4K<0.1%–
SASeabridge Gold IncCOM10,450$122.0K<0.1%History
IQIInvesco Quality Municipal Income TrustCOM11,961$115.8K<0.1%History
MQTBlackRock Muniyield Quality Fund II, Inc.COM11,436$114.4K<0.1%History
MITKMitek Systems IncCOM NEW11,097$91.5K<0.1%History
ORICOric Pharmaceuticals, Inc.COM15,691$87.6K<0.1%History
EXGEaton Vance Tax-Managed Global Diversified Equity Income FundCOM10,261$83.5K<0.1%History
RXRXRecursion Pharmaceuticals, Inc.CL A14,498$76.7K<0.1%History
VVRInvesco Senior Income TrustCOM13,000$48.8K<0.1%History
TERNTerns Pharmaceuticals, Inc.COM13,665$37.7K<0.1%History
PLUGPlug Power IncStock24,367$32.9K<0.1%History