Baer Investment Advisory LLC Hedge Fund

Location: Corte Madera, CA

CIK: 0002057153 · Show all filings

Period: Q3 2025 (← Previous) (Next →)

Filing Date: Oct 29, 2025

Total Value: $117M (100.0% shares, 0.0% debt)

Holdings (41)

NVDA NVIDIA CORPORATION 9.0%

Value $10.45M Shares 1,445 Share Price $7235.03 * Est. Cost/Share $127.62 Unrealized @ Report Date +46.2%

TSM TAIWAN SEMICONDUCTOR MFG LTD 6.4%

Value $7.472M Shares 752 Share Price $9936.75 Est. Cost/Share — Unrealized @ Report Date —

APH AMPHENOL CORP NEW 5.5%

Value $6.471M Shares 52,294 Share Price $123.75 Est. Cost/Share $70.50 Unrealized @ Report Date +75.2%

AMZN AMAZON COM INC 4.9%

Value $5.699M Shares 25,954 Share Price $219.57 Est. Cost/Share $204.89 Unrealized @ Report Date +7.2%

EME EMCOR GROUP INC 4.6%

Value $5.328M Shares 8,203 Share Price $649.54 Est. Cost/Share $472.15 Unrealized @ Report Date +37.5%

INTU INTUIT 4.3%

Value $5.007M Shares 7,332 Share Price $682.91 Est. Cost/Share $666.42 Unrealized @ Report Date +2.3%

MSFT MICROSOFT CORP 4.1%

Value $4.762M Shares 374 Share Price $12732.11 * Est. Cost/Share $427.35 Unrealized @ Report Date +21.0%

VEEV VEEVA SYS INC 4.0%

Value $4.644M Shares 15,588 Share Price $297.91 Est. Cost/Share $224.85 Unrealized @ Report Date +32.5%

ADI ANALOG DEVICES INC 3.9%

Value $4.522M Shares 18,406 Share Price $245.70 Est. Cost/Share $218.27 Unrealized @ Report Date +12.2%

CSGP COSTAR GROUP INC 3.8%

Value $4.431M Shares 52,517 Share Price $84.37 Est. Cost/Share $76.29 Unrealized @ Report Date +10.6%

CW CURTISS WRIGHT CORP 3.6%

Value $4.148M Shares 7,639 Share Price $542.94 Est. Cost/Share $492.21 Unrealized @ Report Date +10.3%

DE DEERE & CO 3.2%

Value $3.676M Shares 8,039 Share Price $457.26 Est. Cost/Share $431.17 Unrealized @ Report Date +5.7%

TXN TEXAS INSTRS INC 3.0%

Value $3.501M Shares 19,056 Share Price $183.73 Est. Cost/Share $188.04 Unrealized @ Report Date -3.2%

AAPL APPLE INC 3.0%

Value $3.445M Shares 13,528 Share Price $254.63 Est. Cost/Share $233.85 Unrealized @ Report Date +8.8%

COST COSTCO WHSL CORP NEW 2.9%

Value $3.334M Shares 3,602 Share Price $925.63 Est. Cost/Share $948.05 Unrealized @ Report Date -2.5%

NVDA NVIDIA CORPORATION 2.8%

Value $3.296M Shares 17,665 Share Price $186.58 Est. Cost/Share $127.62 Unrealized @ Report Date +46.2%

URI UNITED RENTALS INC 2.6%

Value $2.985M Shares 3,127 Share Price $954.66 Est. Cost/Share $806.10 Unrealized @ Report Date +18.2%

ZTS ZOETIS INC 2.6%

Value $2.984M Shares 20,391 Share Price $146.32 Est. Cost/Share $161.12 Unrealized @ Report Date -9.5%

NFLX NETFLIX INC 2.4%

Value $2.81M Shares 92 Share Price $30545.91 * Est. Cost/Share $97.95 Unrealized @ Report Date +22.4%

NFLX NETFLIX INC 2.2%

Value $2.605M Shares 2,173 Share Price $1198.92 * Est. Cost/Share $97.95 Unrealized @ Report Date +22.4%

— SHOPIFY INC 2.1%

Value $2.474M Shares 401 Share Price $6169.19 Est. Cost/Share — Unrealized @ Report Date —

APD AIR PRODS & CHEMS INC 2.1%

Value $2.455M Shares 9,001 Share Price $272.72 Est. Cost/Share $304.00 Unrealized @ Report Date -11.5%

CDNS CADENCE DESIGN SYSTEM INC 2.1%

Value $2.409M Shares 339 Share Price $7106.90 * Est. Cost/Share $289.43 Unrealized @ Report Date +21.4%

MSFT MICROSOFT CORP 1.9%

Value $2.163M Shares 4,177 Share Price $517.95 Est. Cost/Share $427.35 Unrealized @ Report Date +21.0%

HD HOME DEPOT INC 1.7%

Value $2.028M Shares 5,006 Share Price $405.19 Est. Cost/Share $397.06 Unrealized @ Report Date +1.4%

SHOP SHOPIFY INC 1.4%

Value $1.625M Shares 10,933 Share Price $148.61 Est. Cost/Share $135.57 Unrealized @ Report Date +9.6%

ECL ECOLAB INC 1.3%

Value $1.468M Shares 5,359 Share Price $273.86 Est. Cost/Share $255.02 Unrealized @ Report Date +7.1%

TMO THERMO FISHER SCIENTIFIC INC 1.3%

Value $1.46M Shares 3,010 Share Price $485.02 Est. Cost/Share $543.07 Unrealized @ Report Date -10.8%

EPD ENTERPRISE PRODS PARTNERS L 1.2%

Value $1.445M Shares 46,225 Share Price $31.27 Est. Cost/Share $32.91 Unrealized @ Report Date —

URI UNITED RENTALS INC 1.2%

Value $1.368M Shares 59 Share Price $23178.25 * Est. Cost/Share $806.10 Unrealized @ Report Date +18.2%

QQQ INVESCO QQQ TR 1.0%

Value $1.127M Shares 1,877 Share Price $600.36 Est. Cost/Share $572.63 Unrealized @ Report Date +4.8%

TTD THE TRADE DESK INC 0.9%

Value $1.025M Shares 967 Share Price $1060.27 * Est. Cost/Share $65.78 Unrealized @ Report Date -25.5%

CSGP COSTAR GROUP INC 0.7%

Value $841K Shares 432 Share Price $1945.68 * Est. Cost/Share $76.29 Unrealized @ Report Date +10.6%

TMO THERMO FISHER SCIENTIFIC INC 0.6%

Value $756K Shares 69 Share Price $10959.58 * Est. Cost/Share $543.07 Unrealized @ Report Date -10.8%

AAPL APPLE INC 0.6%

Value $656K Shares 110 Share Price $5959.38 * Est. Cost/Share $233.85 Unrealized @ Report Date +8.8%

AMZN AMAZON COM INC 0.5%

Value $595K Shares 95 Share Price $6264.60 * Est. Cost/Share $204.89 Unrealized @ Report Date +7.2%

VEEV VEEVA SYS INC 0.3%

Value $362K Shares 65 Share Price $5569.09 * Est. Cost/Share $224.85 Unrealized @ Report Date +32.5%

INTU INTUIT 0.3%

Value $324K Shares 22 Share Price $14717.14 * Est. Cost/Share $666.42 Unrealized @ Report Date +2.3%

APD AIR PRODS & CHEMS INC 0.2%

Value $220K Shares 136 Share Price $1618.85 * Est. Cost/Share $304.00 Unrealized @ Report Date -11.5%

DE DEERE & CO 0.2%

Value $213K Shares 26 Share Price $8188.69 * Est. Cost/Share $431.17 Unrealized @ Report Date +5.7%

SNAP SNAP INC 0.1%

Value $77,100 Shares 10,000 Share Price $7.71 Est. Cost/Share $11.27 Unrealized @ Report Date -31.6%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
NVDA	NVIDIA CORPORATION	1,445	$10.45M	9.0%	$7235.03 *	$127.62	+46.2%	Call	67066G104
TSM	TAIWAN SEMICONDUCTOR MFG LTD	752	$7.472M	6.4%	$9936.75	—	—	Call	874039100
APH	AMPHENOL CORP NEW	52,294	$6.471M	5.5%	$123.75	$70.50	+75.2%	CL A	032095101
AMZN	AMAZON COM INC	25,954	$5.699M	4.9%	$219.57	$204.89	+7.2%	COM	023135106
EME	EMCOR GROUP INC	8,203	$5.328M	4.6%	$649.54	$472.15	+37.5%	COM	29084Q100
INTU	INTUIT	7,332	$5.007M	4.3%	$682.91	$666.42	+2.3%	COM	461202103
MSFT	MICROSOFT CORP	374	$4.762M	4.1%	$12732.11 *	$427.35	+21.0%	Call	594918104
VEEV	VEEVA SYS INC	15,588	$4.644M	4.0%	$297.91	$224.85	+32.5%	CL A COM	922475108
ADI	ANALOG DEVICES INC	18,406	$4.522M	3.9%	$245.70	$218.27	+12.2%	COM	032654105
CSGP	COSTAR GROUP INC	52,517	$4.431M	3.8%	$84.37	$76.29	+10.6%	COM	22160N109
CW	CURTISS WRIGHT CORP	7,639	$4.148M	3.6%	$542.94	$492.21	+10.3%	COM	231561101
DE	DEERE & CO	8,039	$3.676M	3.2%	$457.26	$431.17	+5.7%	COM	244199105
TXN	TEXAS INSTRS INC	19,056	$3.501M	3.0%	$183.73	$188.04	-3.2%	COM	882508104
AAPL	APPLE INC	13,528	$3.445M	3.0%	$254.63	$233.85	+8.8%	COM	037833100
COST	COSTCO WHSL CORP NEW	3,602	$3.334M	2.9%	$925.63	$948.05	-2.5%	COM	22160K105
NVDA	NVIDIA CORPORATION	17,665	$3.296M	2.8%	$186.58	$127.62	+46.2%	COM	67066G104
URI	UNITED RENTALS INC	3,127	$2.985M	2.6%	$954.66	$806.10	+18.2%	COM	911363109
ZTS	ZOETIS INC	20,391	$2.984M	2.6%	$146.32	$161.12	-9.5%	CL A	98978V103
NFLX	NETFLIX INC	92	$2.81M	2.4%	$30545.91 *	$97.95	+22.4%	Call	64110L106
NFLX	NETFLIX INC	2,173	$2.605M	2.2%	$1198.92 *	$97.95	+22.4%	COM	64110L106
—	SHOPIFY INC	401	$2.474M	2.1%	$6169.19	—	—	Call	82509LAA5
APD	AIR PRODS & CHEMS INC	9,001	$2.455M	2.1%	$272.72	$304.00	-11.5%	COM	009158106
CDNS	CADENCE DESIGN SYSTEM INC	339	$2.409M	2.1%	$7106.90 *	$289.43	+21.4%	Call	127387108
MSFT	MICROSOFT CORP	4,177	$2.163M	1.9%	$517.95	$427.35	+21.0%	COM	594918104
HD	HOME DEPOT INC	5,006	$2.028M	1.7%	$405.19	$397.06	+1.4%	COM	437076102
SHOP	SHOPIFY INC	10,933	$1.625M	1.4%	$148.61	$135.57	+9.6%	CL A SUB VTG SHS	82509L107
ECL	ECOLAB INC	5,359	$1.468M	1.3%	$273.86	$255.02	+7.1%	COM	278865100
TMO	THERMO FISHER SCIENTIFIC INC	3,010	$1.46M	1.3%	$485.02	$543.07	-10.8%	COM	883556102
EPD	ENTERPRISE PRODS PARTNERS L	46,225	$1.445M	1.2%	$31.27	$32.91	—	COM	293792107
URI	UNITED RENTALS INC	59	$1.368M	1.2%	$23178.25 *	$806.10	+18.2%	Call	911363109
QQQ	INVESCO QQQ TR	1,877	$1.127M	1.0%	$600.36	$572.63	+4.8%	UNIT SER 1	46090E103
TTD	THE TRADE DESK INC	967	$1.025M	0.9%	$1060.27 *	$65.78	-25.5%	Call	88339J105
CSGP	COSTAR GROUP INC	432	$841K	0.7%	$1945.68 *	$76.29	+10.6%	Call	22160N109
TMO	THERMO FISHER SCIENTIFIC INC	69	$756K	0.6%	$10959.58 *	$543.07	-10.8%	Call	883556102
AAPL	APPLE INC	110	$656K	0.6%	$5959.38 *	$233.85	+8.8%	Call	037833100
AMZN	AMAZON COM INC	95	$595K	0.5%	$6264.60 *	$204.89	+7.2%	Call	023135106
VEEV	VEEVA SYS INC	65	$362K	0.3%	$5569.09 *	$224.85	+32.5%	Call	922475108
INTU	INTUIT	22	$324K	0.3%	$14717.14 *	$666.42	+2.3%	Call	461202103
APD	AIR PRODS & CHEMS INC	136	$220K	0.2%	$1618.85 *	$304.00	-11.5%	Call	009158106
DE	DEERE & CO	26	$213K	0.2%	$8188.69 *	$431.17	+5.7%	Call	244199105
SNAP	SNAP INC	10,000	$77,100	0.1%	$7.71	$11.27	-31.6%	CL A	83304A106