Baer Investment Advisory LLC — 13F Holdings & Portfolio
CIK 2057153 · latest 13F-HR filed 2026-10-13
Baer Investment Advisory LLC manages $126.0M in 13F-reported U.S. long-equity assets across 65 reported positions as of its 2026-09-30 13F-HR filing. Its largest disclosed positions are VEEV (7.55%), NVDA (7.48%), TSM (5.37%). Quarter over quarter (versus its 2026-06-30 filing) the fund opened 20 new positions and exited 1; 9 existing positions rose in reported value and 6 fell.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
Long-equity book
Distinct positions
Filed 2026-10-13
vs 2026-06-30
Portfolio charts
Latest quarter's book, what changed, and how the portfolio has evolved across filings.
Portfolio map
Q3 26Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.
Sector mix
% of 13F valueSectors from each company's SIC code; funds and ETFs grouped separately.
Biggest buys and sells
Q2 26 → Q3 26Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.
13F assets and positions
3 quartersTotal reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.
Top positions over time
reported valueThe eight largest current positions, valued at each quarter end.
Concentration
top 10 = 61.9%Cumulative share of the portfolio held in the largest N positions.
As of the firm’s regulatory filing dated Mar 30, 2026.
| Name | Title / Status | Ownership | Type |
|---|---|---|---|
| BAER, DAREL, ANDREW Control | CEO since Sep 2009 | 50–75% | Individual |
| BAER, ROBERT, GORDON | CHIEF COMPLIANCE OFFICER since Dec 2021 | 10–25% | Individual |
| SMITH, GREGORY, HOWARD | DIRECTOR OF RESEARCH since Apr 2022 | 10–25% | Individual |
Quarter-over-quarter changes
Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.
Top Adds (vs prior quarter)
- VEEVA SYS INC CLASS A$2.8M +41.0%
- SHOPIFY INC FCLASS A$2.0M +98.9%
- TEXAS INSTRS INC$1.0M +27.7%
- NVIDIA CORP$657.3K +16.6%
- APPLE INC$598.4K +14.2%
Top Trims
- INTERNATIONAL BUSINESS MACHINES CORP-$2.9M -92.2%
- CURTISS WRIGHT CORP-$2.6M -43.1%
- CADENCE DESIGN SYS INC-$480.6K -12.7%
- EMCOR GROUP INC-$404.5K -8.0%
- UNITED RENTALS INC-$382.2K -11.3%
New Positions
- COSTCO WHSL CORP$2.6M
- HUBBELL INC$2.0M
- COSTAR GROUP INC$135.3K
- SPDR S&P 500 ETF$121.3K
- TAIWAN SEMICONDUCTOR M FSPONSORED ADR 1 ADR REPS 5 ORD SHS$81.2K
Baer Investment Advisory LLC Holdings (2026-09-30)
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | VEEVA SYS INC CLASS A | VEEV | 922475108 | $9.5M | 7.55% | 33,339 | SH |
| 2 | NVIDIA CORP Call | NVDA | 67066G904 | $9.4M | 7.48% | 1,204 | SH |
| 3 | TAIWAN SEMICONDUCTOR M FSPONSORED ADR 1 ADR REPS 5 ORD SHS Call | TSM | 874039900 | $6.8M | 5.37% | 565 | SH |
| 4 | MICROSOFT CORP Call | MSFT | 594918904 | $6.6M | 5.23% | 385 | SH |
| 5 | AMAZON.COM INC | AMZN | 023135106 | $6.3M | 5.01% | 25,327 | SH |
| 6 | DEERE & CO | DE | 244199105 | $5.6M | 4.45% | 8,349 | SH |
| 7 | FERRARI NV | RACE | N3167Y103 | $5.3M | 4.23% | 13,576 | SH |
| 8 | APPLE INC | AAPL | 037833100 | $4.8M | 3.83% | 14,482 | SH |
| 9 | TEXAS INSTRS INC | TXN | 882508104 | $4.8M | 3.80% | 17,085 | SH |
| 10 | AMPHENOL CORP NEW CLASS A | APH | 032095101 | $4.7M | 3.74% | 55,902 | SH |
| 11 | EMCOR GROUP INC | EME | 29084Q100 | $4.7M | 3.71% | 6,195 | SH |
| 12 | NVIDIA CORP | NVDA | 67066G104 | $4.6M | 3.67% | 20,225 | SH |
| 13 | ANALOG DEVICES INC | ADI | 032654105 | $4.1M | 3.23% | 10,257 | SH |
| 14 | ECOLAB INC | ECL | 278865100 | $4.1M | 3.22% | 14,768 | SH |
| 15 | SHOPIFY INC FCLASS A | SHOP | 82509L107 | $4.0M | 3.19% | 27,124 | SH |
| 16 | CURTISS WRIGHT CORP | CW | 231561101 | $3.4M | 2.72% | 6,309 | SH |
| 17 | CADENCE DESIGN SYS INC | CDNS | 127387108 | $3.3M | 2.61% | 9,973 | SH |
| 18 | UNITED RENTALS INC | URI | 911363109 | $3.0M | 2.38% | 2,993 | SH |
| 19 | COSTCO WHSL CORP | COST | 22160K105 | $2.6M | 2.04% | 2,830 | SH |
| 20 | SHOPIFY INC FCLASS A Call | SHOP | 82509L907 | $2.6M | 2.03% | 412 | SH |
| 21 | THERMO FISHER SCIENTIFIC | TMO | 883556102 | $2.2M | 1.77% | 3,301 | SH |
| 22 | ENTERPRISE PRODS PART LP | EPD | 293792107 | $2.1M | 1.68% | 59,321 | SH |
| 23 | MICROSOFT CORP | MSFT | 594918104 | $2.0M | 1.56% | 3,843 | SH |
| 24 | HUBBELL INC | HUBB | 443510607 | $2.0M | 1.55% | 4,308 | SH |
| 25 | INTERNATIONAL BUSINESS MACHINES CORP Call | IBM | 459200901 | $1.8M | 1.41% | 399 | SH |
| 26 | NETFLIX INC | NFLX | 64110L106 | $1.7M | 1.37% | 24,844 | SH |
| 27 | AMPHENOL CORP NEW CLASS A Call | — | 032095901 | $1.7M | 1.31% | 654 | SH |
| 28 | INTUIT Call | INTU | 461202903 | $1.4M | 1.09% | 227 | SH |
| 29 | THERMO FISHER SCIENTIFIC Call | TMO | 883556902 | $1.3M | 1.06% | 65 | SH |
| 30 | NETFLIX INC Call | NFLX | 64110L906 | $1.3M | 1.05% | 1,039 | SH |
| 31 | HOME DEPOT | HD | 437076102 | $1.2M | 0.92% | 4,060 | SH |
| 32 | CADENCE DESIGN SYS INC Call | CDNS | 127387908 | $973.0K | 0.77% | 192 | SH |
| 33 | UNITED RENTALS INC Call | URI | 911363909 | $948.6K | 0.75% | 55 | SH |
| 34 | APPLE INC Call | AAPL | 037833900 | $794.6K | 0.63% | 88 | SH |
| 35 | INTUIT | INTU | 461202103 | $690.7K | 0.55% | 2,505 | SH |
| 36 | VEEVA SYS INC CLASS A Call | VEEV | 922475908 | $673.6K | 0.53% | 77 | SH |
| 37 | COSTAR GROUP INC Call | CSGP | 22160N909 | $612.7K | 0.49% | 1,441 | SH |
| 38 | AMAZON.COM INC Call | AMZN | 023135906 | $449.8K | 0.36% | 87 | SH |
| 39 | DEERE & CO Call | DEER | 244199905 | $363.0K | 0.29% | 22 | SH |
| 40 | INVESCO QQQ TRUST | QQQ | 46090E103 | $301.8K | 0.24% | 408 | SH |
| 41 | INTERNATIONAL BUSINESS MACHINES CORP | IBM | 459200101 | $244.8K | 0.19% | 1,113 | SH |
| 42 | VERTIV HLDGS CO CLASS A Call | VRT | 92537N908 | $183.0K | 0.15% | 22 | SH |
| 43 | INVESCO QQQ TRUST Put | QQQ | 46090E953 | $155.1K | 0.12% | 850 | SH |
| 44 | COSTAR GROUP INC | CSGP | 22160N109 | $135.3K | 0.11% | 4,937 | SH |
| 45 | TEXAS INSTRS INC Call | — | 882508904 | $124.9K | 0.10% | 25 | SH |
| 46 | SPDR S&P 500 ETF | SPY | 78462F103 | $121.3K | 0.10% | 159 | SH |
| 47 | TAIWAN SEMICONDUCTOR M FSPONSORED ADR 1 ADR REPS 5 ORD SHS | TSM | 874039100 | $81.2K | 0.06% | 178 | SH |
| 48 | BROADCOM INC | AVGO | 11135F101 | $68.5K | 0.05% | 195 | SH |
| 49 | SNAP INC CLASS A | SNAP | 83304A106 | $54.0K | 0.04% | 10,000 | SH |
| 50 | ISHARES CORE S&P 500 ETF | IVV | 464287200 | $46.0K | 0.04% | 60 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-09-30 | 2026-10-13 | $126.0M | 65 | 0001754960-26-000849 |
| 2026-06-30 | 2026-08-12 | $119.5M | 43 | 0001754960-26-000758 |
| 2026-03-31 | 2026-04-29 | $100.1M | 38 | 0001754960-26-000346 |
| 2026-03-31 | 2026-04-27 | $814.2M | 348 | 0001754960-26-000332 |
TIBURON, CA 94920