Q2 2026 13F · SEC CIK 1365559

Baker Ellis Asset Management LLC

Wealth managerFiled 2026-07-23 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $964.1M
Reported positions: 265
Top holdings a year, 3 yrs: +20.5%
Assets under management: $1.0B

Baker Ellis Asset Management LLC is a wealth manager that reported 265 positions worth $964.1M in its Q2 2026 13F, filed 2026-07-23. Its largest holdings were Vanguard Index Fds (VTI, 8.4%), Lam Research Corp (LRCX, 4.8%), Sterling Infrastructure Inc (STRL, 4.2%). A portfolio copying its top holdings returned 20.5% a year over the last 3 years, against 20.4% for the S&P 500.

Baker Ellis Asset Management LLC holdings largest 50 of 265 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Baker Ellis Asset Management LLC 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
VTIVanguard Index Fds	8.4%	8.5%	218,064	-1.8%	$80.7M
LRCXLam Research Corp	4.8%	2.9%	105,992	-5.9%	$45.9M
STRLSterling Infrastructure Inc	4.2%	2.5%	48,657	-5.5%	$40.8M
BRK-BBerkshire Hathaway Inc Del	3.8%	4.1%	74,119	+3.3%	$37.1M
VGTVanguard Info Tech	3.1%	2.7%	253,459	+687.8%	$30.3M
DISVDimensional ETF Trust	2.2%	2.5%	539,546	-0.1%	$21.7M
MSFTMicrosoft Corp	2.2%	2.5%	57,379	+0.1%	$21.4M
VOOVanguard S&p 500 ETF	2.2%	2.0%	30,805	+7.7%	$21.2M
VYMVym	2.2%	2.4%	132,625	-1.4%	$21.0M
GSIEGoldman Sachs ETF Tr	2.0%	2.2%	424,635	+0.5%	$19.4M
JPMJpmorgan Chase & Co	1.9%	1.9%	54,750	-1.1%	$17.9M
IXUSIshares Core Msci Total International St	1.8%	1.9%	186,101	+0.9%	$17.8M
PRFInvesco Exchange Traded Fd T	1.8%	1.8%	315,796	-0.9%	$17.1M
FBNDFidelity Merrimack Str Tr	1.7%	2.0%	368,299	-1.4%	$16.8M
MFUSPimco Equity Ser	1.7%	1.6%	242,122	+5.9%	$16.3M
AVGOBroadcom Inc	1.6%	1.5%	40,155	+0.2%	$15.2M
JHMMJohn Hancock Exchange Traded	1.5%	1.5%	189,511	-0.5%	$14.2M
AAPLApple Inc	1.4%	1.3%	45,303	+1.7%	$13.1M
COSTCostco Whsl Corp New	1.3%	1.6%	13,888	+0.1%	$13.0M
SCHDSchwab Strategic Tr	1.3%	1.4%	388,699	+1.4%	$12.3M
GOOGAlphabet Inc	1.3%	1.2%	34,186	+0.5%	$12.1M
RTXRtx Corporation Com	1.2%	1.3%	58,545	-0.3%	$11.1M
GOOGLAlphabet Inc	1.1%	1.0%	30,406	+0.0%	$10.9M
ADIAnalog Devices Inc	1.1%	1.0%	27,242	+0.1%	$10.8M
DGSWisdomtree Tr	1.1%	1.2%	163,084	-0.8%	$10.6M
SGOViShares 0-3 Month Treasury Bon	1.0%	1.3%	98,593	-11.5%	$9.9M
MGCVanguard Mega Cap ETF Total	1.0%	1.0%	35,630	+0.3%	$9.7M
BRK-ABerkshire Hathaway Inc Del	1.0%	1.1%	13	+0.0%	$9.7M
XOMExxon Mobil Corp	1.0%	1.4%	70,739	-0.4%	$9.7M
KGSKodiak Gas Services Inc	1.0%	0.9%	128,558	-0.4%	$9.7M
TKRTimken Co	1.0%	0.8%	65,243	+1.7%	$9.5M
AMZNAmazon Com Inc Com	0.9%	0.7%	38,192	+44.1%	$9.1M
OSKOshkosh Corp	0.9%	1.0%	57,487	+1.4%	$8.8M
GBILGoldman Sachs Access Treasury 0 1	0.9%	1.2%	83,088	-17.4%	$8.3M
ONOn Semiconductor Corp	0.8%	—	84,186	—	$8.0M
GTXGarrett Motion Inc	0.8%	—	204,568	—	$7.4M
MAAMid-America Apartment Communities Inc	0.8%	0.8%	53,227	-1.6%	$7.4M
SYKStryker Corporation	0.7%	0.8%	21,398	+2.3%	$6.7M
FNDXSchwab Strategic Tr	0.7%	0.7%	215,491	-0.9%	$6.7M
SPYSpdr S&p 500 ETF Tr	0.7%	0.7%	8,742	+0.0%	$6.5M
CARRCarrier Global Corporation	0.7%	0.6%	88,463	-0.2%	$6.5M
MLIMueller Inds Inc	0.7%	0.7%	51,566	+1.2%	$6.3M
LINLinde PLC	0.6%	—	11,814	—	$6.1M
COFCapital One Financial Corp	0.6%	0.7%	29,956	-1.0%	$6.0M
ISTBIshares Tr	0.6%	0.8%	120,890	-9.2%	$5.8M
TAPMolson Coors Beverage Co	0.6%	0.8%	148,944	-2.0%	$5.8M
PSAPublic Storage	0.6%	0.6%	17,832	-2.1%	$5.7M
VTVanguard Total World Stock Index Fund Et	0.6%	0.6%	35,577	-0.1%	$5.6M
PNWPinnacle West Cap Corp	0.6%	0.6%	50,144	+1.2%	$5.4M
SLBSlb Limited	0.5%	0.7%	108,550	-0.3%	$5.0M

What Baker Ellis Asset Management LLC bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Added to

Reduced

GBIL Goldman Sachs Access Treasury 0 1-17.4% shares
SGOV iShares 0-3 Month Treasury Bon-11.5% shares
ISTB Ishares Tr-9.2% shares
LRCX Lam Research Corp-5.9% shares
STRL Sterling Infrastructure Inc-5.5% shares

Left the top 50

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +26.5% /yr; S&P 500 +20.1%
3 years: +20.5% /yr; S&P 500 +20.4%
5 years: +11.3% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value and rebuilt each quarter on the day the filing became public. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$964.1M	265
Q1 2026	$842.5M	254
Q4 2025	$831.0M	260
Q3 2025	$812.0M	249
Q2 2025	$728.6M	216
Q1 2025	$693.0M	221
Q4 2024	$679.6M	215
Q3 2024	$706.8M	226
Q2 2024	$663.7M	210
Q1 2024	$671.6M	216
Q4 2023	$623.9M	216
Q3 2023	$556.9M	202

Questions about Baker Ellis Asset Management LLC's portfolio

What stocks does Baker Ellis Asset Management LLC own?

Baker Ellis Asset Management LLC's latest 13F, for Q2 2026 and filed Jul 23, 2026, lists 265 positions worth $964.1M. The largest are Vanguard Index Fds (VTI) at 8.4%, Lam Research Corp (LRCX) at 4.8%, Sterling Infrastructure Inc (STRL) at 4.2%, Berkshire Hathaway Inc Del (BRK-B) at 3.8% and Vanguard Info Tech (VGT) at 3.1%.

What did Baker Ellis Asset Management LLC buy last quarter?

In Q2 2026, Baker Ellis Asset Management LLC added Vanguard Info Tech (VGT) (+687.8% shares), Amazon Com Inc Com (AMZN) (+44.1% shares) and Vanguard S&p 500 ETF (VOO) (+7.7% shares), compared with its Q1 2026 filing.

What did Baker Ellis Asset Management LLC sell last quarter?

In Q2 2026, Baker Ellis Asset Management LLC cut from its top 50 Northrop Grumman Corp (NOC), cut from its top 50 World Gold Tr (GLDM), cut from its top 50 Bp PLC Sponsored ADR ADR (BP), Goldman Sachs Access Treasury 0 1 (GBIL) (-17.4% shares), iShares 0-3 Month Treasury Bon (SGOV) (-11.5% shares) and Ishares Tr (ISTB) (-9.2% shares), compared with its Q1 2026 filing.

How has Baker Ellis Asset Management LLC's portfolio performed?

A portfolio copying Baker Ellis Asset Management LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +20.5% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +26.5% against +20.1%. Over 5 years: +11.3% a year against +11.6%.

When is Baker Ellis Asset Management LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. Baker Ellis Asset Management LLC's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does Baker Ellis Asset Management LLC manage?

Baker Ellis Asset Management LLC reported $1.0B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $964.1M.