Baer Investment Advisory LLC Hedge Fund

Location: Corte Madera, CA

CIK: 0002057153 · Show all filings

Period: Q4 2025 (← Previous) (Next →)

Filing Date: Jan 21, 2026

Total Value: $105M (100.0% shares, 0.0% debt)

Holdings (36)

NVDA NVIDIA CORPORATION 9.3%

Value $9.758M Shares 1,354 Est. Cost $127.62 Unrealized +45.8%

TSM TAIWAN SEMICONDUCTOR MFG LTD 6.9%

Value $7.249M Shares 680 Est. Cost — Unrealized —

APH AMPHENOL CORP NEW 6.3%

Value $6.598M Shares 48,822 Est. Cost $70.50 Unrealized +89.4%

AMZN AMAZON COM INC 5.8%

Value $6.073M Shares 26,311 Est. Cost $205.22 Unrealized +11.5%

EME EMCOR GROUP INC 4.9%

Value $5.163M Shares 8,439 Est. Cost $477.06 Unrealized +35.7%

ADI ANALOG DEVICES INC 4.7%

Value $4.977M Shares 18,351 Est. Cost $218.27 Unrealized +14.8%

INTU INTUIT 4.6%

Value $4.836M Shares 7,301 Est. Cost $666.42 Unrealized -0.9%

CW CURTISS WRIGHT CORP 4.2%

Value $4.39M Shares 7,963 Est. Cost $494.88 Unrealized +12.7%

MSFT MICROSOFT CORP 3.8%

Value $3.973M Shares 386 Est. Cost $427.35 Unrealized +17.1%

DE DEERE & CO 3.7%

Value $3.894M Shares 8,363 Est. Cost $432.59 Unrealized +8.1%

ECL ECOLAB INC 3.6%

Value $3.823M Shares 14,561 Est. Cost $261.78 Unrealized +1.5%

AAPL APPLE INC 3.6%

Value $3.789M Shares 13,938 Est. Cost $234.86 Unrealized +14.3%

VEEV VEEVA SYS INC 3.5%

Value $3.636M Shares 16,286 Est. Cost $226.58 Unrealized +17.1%

NVDA NVIDIA CORPORATION 3.1%

Value $3.273M Shares 17,550 Est. Cost $127.62 Unrealized +45.8%

TXN TEXAS INSTRS INC 2.8%

Value $2.934M Shares 16,912 Est. Cost $188.04 Unrealized -9.2%

URI UNITED RENTALS INC 2.6%

Value $2.729M Shares 3,372 Est. Cost $810.53 Unrealized +7.0%

EPD ENTERPRISE PRODS PARTNERS L 2.4%

Value $2.558M Shares 79,774 Est. Cost $32.56 Unrealized —

NFLX NETFLIX INC 2.1%

Value $2.243M Shares 906 Est. Cost $106.89 Unrealized +0.9%

NFLX NETFLIX INC 2.1%

Value $2.175M Shares 23,198 Est. Cost $106.89 Unrealized +0.9%

IBM INTERNATIONAL BUSINESS MACHS 2.1%

Value $2.164M Shares 7,306 Est. Cost $298.78 Unrealized 0.0%

— SHOPIFY INC 2.0%

Value $2.083M Shares 325 Est. Cost — Unrealized —

CSGP COSTAR GROUP INC 1.9%

Value $2.033M Shares 1,454 Est. Cost $76.29 Unrealized -7.2%

RACE FERRARI N V 1.9%

Value $1.97M Shares 5,330 Est. Cost $400.15 Unrealized 0.0%

MSFT MICROSOFT CORP 1.8%

Value $1.901M Shares 3,930 Est. Cost $427.35 Unrealized +17.1%

TMO THERMO FISHER SCIENTIFIC INC 1.7%

Value $1.752M Shares 3,023 Est. Cost $543.07 Unrealized +4.1%

SHOP SHOPIFY INC 1.6%

Value $1.691M Shares 10,503 Est. Cost $135.57 Unrealized +18.4%

IBM INTERNATIONAL BUSINESS MACHS 1.4%

Value $1.456M Shares 242 Est. Cost $298.78 Unrealized 0.0%

TMO THERMO FISHER SCIENTIFIC INC 1.2%

Value $1.237M Shares 69 Est. Cost $543.07 Unrealized +4.1%

CDNS CADENCE DESIGN SYSTEM INC 1.1%

Value $1.197M Shares 244 Est. Cost $326.31 Unrealized 0.0%

CDNS CADENCE DESIGN SYSTEM INC 1.0%

Value $1.056M Shares 3,378 Est. Cost $326.31 Unrealized 0.0%

URI UNITED RENTALS INC 0.7%

Value $733K Shares 54 Est. Cost $810.53 Unrealized +7.0%

AMZN AMAZON COM INC 0.6%

Value $634K Shares 102 Est. Cost $205.22 Unrealized +11.5%

AAPL APPLE INC 0.5%

Value $508K Shares 78 Est. Cost $234.86 Unrealized +14.3%

QQQ INVESCO QQQ TR 0.3%

Value $280K Shares 352 Est. Cost $600.36 Unrealized —

QQQ INVESCO QQQ TR 0.2%

Value $217K Shares 354 Est. Cost $600.36 Unrealized —

SNAP SNAP INC 0.1%

Value $80,700 Shares 10,000 Est. Cost $11.27 Unrealized -29.8%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
NVDA	NVIDIA CORPORATION	1,354	$9.758M	9.3%	$127.62	+45.8%	Call	67066G104
TSM	TAIWAN SEMICONDUCTOR MFG LTD	680	$7.249M	6.9%	—	—	Call	874039100
APH	AMPHENOL CORP NEW	48,822	$6.598M	6.3%	$70.50	+89.4%	CL A	032095101
AMZN	AMAZON COM INC	26,311	$6.073M	5.8%	$205.22	+11.5%	COM	023135106
EME	EMCOR GROUP INC	8,439	$5.163M	4.9%	$477.06	+35.7%	COM	29084Q100
ADI	ANALOG DEVICES INC	18,351	$4.977M	4.7%	$218.27	+14.8%	COM	032654105
INTU	INTUIT	7,301	$4.836M	4.6%	$666.42	-0.9%	COM	461202103
CW	CURTISS WRIGHT CORP	7,963	$4.39M	4.2%	$494.88	+12.7%	COM	231561101
MSFT	MICROSOFT CORP	386	$3.973M	3.8%	$427.35	+17.1%	Call	594918104
DE	DEERE & CO	8,363	$3.894M	3.7%	$432.59	+8.1%	COM	244199105
ECL	ECOLAB INC	14,561	$3.823M	3.6%	$261.78	+1.5%	COM	278865100
AAPL	APPLE INC	13,938	$3.789M	3.6%	$234.86	+14.3%	COM	037833100
VEEV	VEEVA SYS INC	16,286	$3.636M	3.5%	$226.58	+17.1%	CL A COM	922475108
NVDA	NVIDIA CORPORATION	17,550	$3.273M	3.1%	$127.62	+45.8%	COM	67066G104
TXN	TEXAS INSTRS INC	16,912	$2.934M	2.8%	$188.04	-9.2%	COM	882508104
URI	UNITED RENTALS INC	3,372	$2.729M	2.6%	$810.53	+7.0%	COM	911363109
EPD	ENTERPRISE PRODS PARTNERS L	79,774	$2.558M	2.4%	$32.56	—	COM	293792107
NFLX	NETFLIX INC	906	$2.243M	2.1%	$106.89	+0.9%	Call	64110L106
NFLX	NETFLIX INC	23,198	$2.175M	2.1%	$106.89	+0.9%	COM	64110L106
IBM	INTERNATIONAL BUSINESS MACHS	7,306	$2.164M	2.1%	$298.78	0.0%	COM	459200101
—	SHOPIFY INC	325	$2.083M	2.0%	—	—	Call	82509LAA5
CSGP	COSTAR GROUP INC	1,454	$2.033M	1.9%	$76.29	-7.2%	Call	22160N109
RACE	FERRARI N V	5,330	$1.97M	1.9%	$400.15	0.0%	COM	N3167Y103
MSFT	MICROSOFT CORP	3,930	$1.901M	1.8%	$427.35	+17.1%	COM	594918104
TMO	THERMO FISHER SCIENTIFIC INC	3,023	$1.752M	1.7%	$543.07	+4.1%	COM	883556102
SHOP	SHOPIFY INC	10,503	$1.691M	1.6%	$135.57	+18.4%	CL A SUB VTG SHS	82509L107
IBM	INTERNATIONAL BUSINESS MACHS	242	$1.456M	1.4%	$298.78	0.0%	Call	459200101
TMO	THERMO FISHER SCIENTIFIC INC	69	$1.237M	1.2%	$543.07	+4.1%	Call	883556102
CDNS	CADENCE DESIGN SYSTEM INC	244	$1.197M	1.1%	$326.31	0.0%	Call	127387108
CDNS	CADENCE DESIGN SYSTEM INC	3,378	$1.056M	1.0%	$326.31	0.0%	COM	127387108
URI	UNITED RENTALS INC	54	$733K	0.7%	$810.53	+7.0%	Call	911363109
AMZN	AMAZON COM INC	102	$634K	0.6%	$205.22	+11.5%	Call	023135106
AAPL	APPLE INC	78	$508K	0.5%	$234.86	+14.3%	Call	037833100
QQQ	INVESCO QQQ TR	352	$280K	0.3%	$600.36	—	Put	46090E103
QQQ	INVESCO QQQ TR	354	$217K	0.2%	$600.36	—	UNIT SER 1	46090E103
SNAP	SNAP INC	10,000	$80,700	0.1%	$11.27	-29.8%	CL A	83304A106