Baer Investment Advisory
CORTE MADERA, CAfiles as Baer Investment Advisory LLC
$82m in 25 US stocks at the end of 30 June 2026. The top 10 are 62.8% of the money. It changed about 11.4% of the portfolio this quarter.
Value
$82m
Stocks
25
Top 10 share
62.8%
Turnover
11.4%
What changed this quarter
New
Bought for the first time this quarter.
- Home DepotHD1.7% of the fund
- NextEra EnergyNEE1.5% of the fund
Added
Bought more of a stock they already held.
- Veeva SystemsVEEV8.2% of the fund+128%
- DeereDE6.5% of the fund+3%
- AppleAAPL5.1% of the fund+7%
- NvidiaNVDA4.8% of the fund+3%
- Cadence Design SystemsCDNS4.6% of the fund+88%
- Thermo Fisher ScientificTMO2.0% of the fund+4%
Cut
Sold some of their stake.
- Analog DevicesADI4.9% of the fund-18%
- Texas InstrumentsTXN4.5% of the fund-24%
- United RentalsURI4.1% of the fund-8%
- International Business MachinesIBM3.8% of the fund-11%
- Enterprise Products Partners L.P.EPD2.7% of the fund-16%
- ShopifySHOP2.5% of the fund-4%
- NetflixNFLX2.2% of the fund-34%
- IntuitINTU0.7% of the fund-54%
- Invesco QQQ TRQQQ0.4% of the fund-68%
Sold out
Sold their entire stake.
None this quarter.
Holdings
- Invesco QQQ TRQQQ
- Share
- 0.4%
- Value
- $308,922
- Shares
- 426
-68%
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Veeva SystemsVEEV | 8.2% | $7m | 36,639 | +128% |
| Amazon.comAMZN | 7.5% | $6m | 25,604 | Held |
| Curtiss WrightCW | 7.3% | $6m | 7,962 | Held |
| DeereDE | 6.5% | $5m | 8,524 | +3% |
| FerrariRACE | 6.3% | $5m | 13,815 | Held |
| EMCOR GroupEME | 6.2% | $5m | 6,314 | Held |
| AmphenolAPH | 5.8% | $5m | 27,926 | Held |
| AppleAAPL | 5.1% | $4m | 15,029 | +7% |
| EcolabECL | 5.0% | $4m | 14,809 | Held |
| Analog DevicesADI | 4.9% | $4m | 10,348 | -18% |
| NvidiaNVDA | 4.8% | $4m | 20,051 | +3% |
| Cadence Design SystemsCDNS | 4.6% | $4m | 9,990 | +88% |
| Texas InstrumentsTXN | 4.5% | $4m | 12,557 | -24% |
| United RentalsURI | 4.1% | $3m | 3,038 | -8% |
| International Business MachinesIBM | 3.8% | $3m | 10,956 | -11% |
| Enterprise Products Partners L.P.EPD | 2.7% | $2m | 60,309 | -16% |
| ShopifySHOP | 2.5% | $2m | 16,629 | -4% |
| NetflixNFLX | 2.2% | $2m | 24,316 | -34% |
| Thermo Fisher ScientificTMO | 2.0% | $2m | 3,240 | +4% |
| Home DepotHD | 1.7% | $1m | 4,075 | New |
| MicrosoftMSFT | 1.7% | $1m | 3,660 | Held |
| NextEra EnergyNEE | 1.5% | $1m | 14,224 | New |
| IntuitINTU | 0.7% | $597,992 | 2,239 | -54% |
| Invesco QQQ TRQQQ | 0.4% | $308,922 | 426 | -68% |
| SnapSNAP | <0.1% | $47,500 | 10,000 | Held |
Options (18)
- Taiwan Semiconductor ManufacturingTSM
- Type
- Call
- Value
- $8m
- Contracts
- 593
- NvidiaNVDA
- Type
- Call
- Value
- $8m
- Contracts
- 1,259
- MicrosoftMSFT
- Type
- Call
- Value
- $4m
- Contracts
- 400
- International Business MachinesIBM
- Type
- Call
- Value
- $3m
- Contracts
- 253
- AmphenolAPH
- Type
- Call
- Value
- $2m
- Contracts
- 347
- ShopifySHOP
- Type
- Call
- Value
- $2m
- Contracts
- 430
- Cadence Design SystemsCDNS
- Type
- Call
- Value
- $2m
- Contracts
- 183
- NetflixNFLX
- Type
- Call
- Value
- $2m
- Contracts
- 1,236
- IntuitINTU
- Type
- Call
- Value
- $2m
- Contracts
- 238
- United RentalsURI
- Type
- Call
- Value
- $1m
- Contracts
- 50
- Costar GroupCSGP
- Type
- Call
- Value
- $1m
- Contracts
- 1,454
- Thermo Fisher ScientificTMO
- Type
- Call
- Value
- $742,205
- Contracts
- 69
- Invesco QQQ TRQQQ
- Type
- Put
- Value
- $663,300
- Contracts
- 900
- AppleAAPL
- Type
- Call
- Value
- $626,290
- Contracts
- 97
- Amazon.comAMZN
- Type
- Call
- Value
- $549,495
- Contracts
- 96
- Veeva SystemsVEEV
- Type
- Call
- Value
- $388,825
- Contracts
- 73
- DeereDE
- Type
- Call
- Value
- $327,650
- Contracts
- 23
- Vertiv HoldingsVRT
- Type
- Call
- Value
- $215,000
- Contracts
- 20
| Company | Type | Value | Contracts |
|---|---|---|---|
| Taiwan Semiconductor ManufacturingTSM | Call | $8m | 593 |
| NvidiaNVDA | Call | $8m | 1,259 |
| MicrosoftMSFT | Call | $4m | 400 |
| International Business MachinesIBM | Call | $3m | 253 |
| AmphenolAPH | Call | $2m | 347 |
| ShopifySHOP | Call | $2m | 430 |
| Cadence Design SystemsCDNS | Call | $2m | 183 |
| NetflixNFLX | Call | $2m | 1,236 |
| IntuitINTU | Call | $2m | 238 |
| United RentalsURI | Call | $1m | 50 |
| Costar GroupCSGP | Call | $1m | 1,454 |
| Thermo Fisher ScientificTMO | Call | $742,205 | 69 |
| Invesco QQQ TRQQQ | Put | $663,300 | 900 |
| AppleAAPL | Call | $626,290 | 97 |
| Amazon.comAMZN | Call | $549,495 | 96 |
| Veeva SystemsVEEV | Call | $388,825 | 73 |
| DeereDE | Call | $327,650 | 23 |
| Vertiv HoldingsVRT | Call | $215,000 | 20 |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 34.7% since 30 June 2025.
Where the money is
Technology38.5%
Industrials24.1%
Retail & consumer15.5%
Health care10.2%
Materials5.0%
Utilities4.2%
Media & telecom2.2%
Other0.4%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.