BAILARD, INC. Information

950 TOWER LANE, FOSTER CITY, California, 94404, (650) 571-5800

Report Date: 03/31/2013

Position Statistics:

Total Positions 207
New Positions 31
Increased Positions 105
Decreased Positions 86
Positions with Activity 191
Sold Out Positions 34
Total Mkt Value
(in $ millions)
548

Sector Weighting

Basic Materials 1.39%
Capital Goods 2.86%
Conglomerates
Consumer Cyclical 1.61%
Consumer/Non-Cyclical 2.85%
Energy 3.84%
Financial 63.62%
Healthcare 7.88%
Services 6.61%
Technology 7.46%
Transportation 0.97%
Utilities 0.91%

Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission.

105 INCREASED Positions as of 03/31/2013

Company Class Value of Shares ($1,000s) Change in Value ($1,000s) Change (%) Shares Held
SPDR S&P 500 ETF TR TR UNIT 63,809 681 1.08 386,003
ISHARES TR MSCI EAFE INDEX 52,660 1,448 2.83 856,955
ISHARES TR RUSL 2000 VALU 52,043 937 1.83 600,547
ISHARES TR DJ US REAL EST 51,038 50,058 5,105.06 705,338
ISHARES TR CORE TOTUSBD ETF 31,451 2,180 7.45 286,233
ISHARES TR S&P NTL AMTFREE 25,281 10 .04 228,375
INTERNATIONAL BUSINESS MACHS COM 7,532 57 .76 36,613
MICROSOFT CORP COM 6,661 508 8.26 194,386
ISHARES TR S&P SMLCP VALU 6,356 2,094 49.14 67,499
EXXON MOBIL CORP COM 6,342 1 .02 69,294
APPLE INC COM 6,150 96 1.59 13,815
JOHNSON & JOHNSON COM 5,412 57 1.07 62,341
DISH NETWORK CORP CL A 4,346 30 .70 110,492
BRISTOL MYERS SQUIBB CO COM 3,989 58 1.48 84,163
KIMBERLY CLARK CORP COM 3,881 44 1.14 37,493
NORTHROP GRUMMAN CORP COM 3,861 21 .54 47,509
ALLSTATE CORP COM 3,765 27 .73 77,262
PPG INDS INC COM 3,665 21 .59 23,370
AMERICAN EXPRESS CO COM 3,655 3 .08 48,565
CONOCOPHILLIPS COM 3,491 22 .64 55,833

Create your free portfolio