Data as of Q4 2025 (Dec 31, 2025)

Baird Financial Group, Inc.

•CIK: 1648711•Filing: Q4 2025

Baird Financial Group, Inc., managed by SVP and CIO David Herro, is known for its value-oriented, concentrated investment approach, currently holding 1,786 positions with a focus on technology and financials. Recently, the fund has made notable moves by adding APO and FICO, which have surged by 668% and 603% respectively, while exiting DKNG and FITBM.

Total AUM
$64.2B
QoQ Performance
+3.2%
Positions
1,740
Top 10 Concentration
31.3%
Latest Filing
Q4 2025

Top Holdings Allocation

MSFT4.3%
AAPL4.2%
JPM3.3%
GOOG3.3%
BRK/B2.0%
IWF2.0%
VEA2.0%
IWD1.9%

📈 Biggest Buys

WFC
WELLS FARGO CO NEW COM
+36.4%
0.8% of portfolio
VGSH
VANGUARD SCOTTSDALE FDS SHORT TERM TREAS
+33.8%
0.8% of portfolio
VCIT
VANGUARD SCOTTSDALE FDS INT-TERM CORP
+32.8%
0.8% of portfolio
VEA
VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT
+8.7%
2.0% of portfolio
IVV
ISHARES TR CORE SP500 ETF
+18.2%
1.0% of portfolio

📉 Biggest Sells

SCHD
SCHWAB STRATEGIC TR US DIVIDEND EQ
-45.0%
0.1% of portfolio
GEV
GE VERNOVA INC COM
-3.7%
1.6% of portfolio
SHW
SHERWIN WILLIAMS CO COM
-30.3%
0.1% of portfolio
KMX
CARMAX INC COM
-22.1%
0.2% of portfolio
AVGO
BROADCOM INC COM
-3.7%
1.0% of portfolio

Sector Breakdown

Other45.1%
Technology21.9%
Financial11.9%
Consumer6.2%
Healthcare5.4%
Industrial3.9%
ETF3.0%
Communication1.1%

🚪 Exited Positionssold since Q3 2025

FISV
FISERV INC
SOLD
$110.2M
RGLD
ROYAL GOLD INC COM
SOLD
$77.7M
VICI
VICI PPTYS INC COM
SOLD
$61.6M
CPRT
COPART INC
SOLD
$61.2M
CSGP
COSTAR GROUP INC
SOLD
$59.7M
+1589 more exited positions

Changes from Q3 2025

↑121 increased
↓79 decreased

Historical Filings

Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023

📌 Top Holdings

MSFT4.3%
MICROSOFT CORP COM
$2.7B
AAPL4.2%
APPLE INC COM
$2.7B
JPM3.3%
JPMORGAN CHASE CO. COM
$2.1B
GOOG3.3%
ALPHABET INC CAP STK CL C
$2.1B
BRK/B2.0%
BERKSHIRE HATHAWAY INC DEL CL B NEW
$1.3B

⚖️ Compare Fund

Compare this fund's holdings with other hedge funds.

🎯 Fund Movement Signals

See AI-analyzed fund movement signals and accumulation patterns.

👤 Insider Trading

See what corporate insiders are buying and selling.