13F-HR 1 bail1q2011.txt BAILARD INC UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: March 31, 2011 Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Bailard, Inc. Address: 950 Tower Lane, Suite 1900 Foster City, CA 94404 13F File Number: 028-01707 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Burnie E. Sparks, Jr. Title: President Phone: 650-571-5800 Signature, Place, and Date of Signing: /s/ Burnie E. Sparks, Jr. Foster City, CA April 26, 2011 Report Type (Check only one.): [ X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 179 Form 13F Information Table Value Total: $475,677 (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional managers with respect to which this report is filed, other than the manager filing this report. NONE FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- 3M CO COM 88579Y101 3611 38615 SH SOLE 38615 0 0 ABBOTT LABS COM 002824100 1956 39869 SH SOLE 39869 0 0 ACCENTURE PLC IRELAND SHS CLASS A G1151C101 6402 116466 SH SOLE 116466 0 0 AFFYMAX INC COM 00826A109 2231 380000 SH SOLE 380000 0 0 ALCATEL-LUCENT SPONSORED ADR 013904305 825 142000 SH SOLE 142000 0 0 ALKERMES INC COM 01642T108 2331 180000 SH SOLE 180000 0 0 AMB PROPERTY CORP COM 00163T109 378 10500 SH SOLE 10500 0 0 AMERICAN CAMPUS CMNTYS INC COM 024835100 825 25000 SH SOLE 25000 0 0 AMERICAN EXPRESS CO COM 025816109 2499 55284 SH SOLE 55284 0 0 AMERIPRISE FINL INC COM 03076C106 1885 30869 SH SOLE 30869 0 0 APPLE INC COM 037833100 2380 6828 SH SOLE 6828 0 0 APPLIED INDL TECHNOLOGIES IN COM 03820C105 396 11900 SH SOLE 11900 0 0 ASTRAZENECA PLC SPONSORED ADR 046353108 1854 40197 SH SOLE 40197 0 0 AT&T INC COM 00206R102 2624 85722 SH SOLE 85722 0 0 ATLAS AIR WORLDWIDE HLDGS IN COM NEW 049164205 244 3500 SH SOLE 3500 0 0 ATMEL CORP COM 049513104 512 37600 SH SOLE 37600 0 0 AUTHENTEC INC COM 052660107 60 18900 SH SOLE 18900 0 0 AUTOZONE INC COM 053332102 3472 12692 SH SOLE 12692 0 0 AVALONBAY CMNTYS INC COM 053484101 1396 11625 SH SOLE 11625 0 0 BANCOLOMBIA S A SPON ADR PREF 05968L102 313 5000 SH SOLE 5000 0 0 BARRICK GOLD CORP COM 067901108 208 4000 SH SOLE 4000 0 0 BOSTON PROPERTIES INC COM 101121101 1449 15275 SH SOLE 15275 0 0 BP PLC SPONSORED ADR 055622104 3846 87138 SH SOLE 87138 0 0 BRIGHTPOINT INC COM NEW 109473405 350 32300 SH SOLE 32300 0 0 BROOKFIELD PPTYS CORP COM 112900105 1738 98081 SH SOLE 98081 0 0 BT GROUP PLC ADR 05577E101 3543 117785 SH SOLE 117785 0 0 CATO CORP NEW CL A 149205106 284 11600 SH SOLE 11600 0 0 CHEVRON CORP NEW COM 166764100 6469 60182 SH SOLE 60182 0 0 CHINA DIGITAL TV HLDG CO LTD SPONSORED ADR 16938G107 311 43500 SH SOLE 43500 0 0 CHINA FIN ONLINE CO LTD SPONSORED ADR 169379104 46 10100 SH SOLE 10100 0 0 CISCO SYS INC COM 17275R102 489 28484 SH SOLE 28484 0 0 COHERENT INC COM 192479103 215 3700 SH SOLE 3700 0 0 COMCAST CORP NEW CL A 20030N101 2496 100955 SH SOLE 100955 0 0 CONOCOPHILLIPS COM 20825C104 6037 75593 SH SOLE 75593 0 0 CONSOL ENERGY INC COM 20854P109 311 5800 SH SOLE 5800 0 0 CORE MARK HOLDING CO INC COM 218681104 235 7100 SH SOLE 7100 0 0 CORPORATE EXECUTIVE BRD CO COM 21988R102 270 6700 SH SOLE 6700 0 0 CORPORATE OFFICE PPTYS TR SH BEN INT 22002T108 524 14495 SH SOLE 14495 0 0 COUSINS PPTYS INC COM 222795106 209 25000 SH SOLE 25000 0 0 CVR ENERGY INC COM 12662P108 331 14300 SH SOLE 14300 0 0 DANAHER CORP DEL COM 235851102 394 7600 SH SOLE 7600 0 0 DELL INC COM 24702R101 1653 113905 SH SOLE 113905 0 0 DELTEK INC COM 24784L105 103 13600 SH SOLE 13600 0 0 DEVELOPERS DIVERSIFIED RLTY COM 251591103 280 20000 SH SOLE 20000 0 0 DIGITAL RLTY TR INC COM 253868103 977 16800 SH SOLE 16800 0 0 DISH NETWORK CORP CL A 25470M109 3054 125386 SH SOLE 125386 0 0 DOW CHEM CO COM 260543103 212 5625 SH SOLE 5625 0 0 DU PONT E I DE NEMOURS & CO COM 263534109 5690 103510 SH SOLE 103510 0 0 DUKE ENERGY CORP NEW COM 26441C105 2738 150847 SH SOLE 150847 0 0 DUKE REALTY CORP COM NEW 264411505 409 29200 SH SOLE 29200 0 0 ECOPETROL S A SPONSORED ADS 279158109 292 7000 SH SOLE 7000 0 0 EMCOR GROUP INC COM 29084Q100 387 12500 SH SOLE 12500 0 0 ENTERTAINMENT PPTYS TR COM SH BEN INT 29380T105 248 5300 SH SOLE 5300 0 0 EPLUS INC COM 294268107 341 12800 SH SOLE 12800 0 0 EQUINIX INC COM NEW 29444U502 674 7400 SH SOLE 7400 0 0 EQUITY LIFESTYLE PPTYS INC COM 29472R108 1274 22100 SH SOLE 22100 0 0 EQUITY RESIDENTIAL SH BEN INT 29476L107 1489 26400 SH SOLE 26400 0 0 EXTRA SPACE STORAGE INC COM 30225T102 1402 67700 SH SOLE 67700 0 0 EXXON MOBIL CORP COM 30231G102 6917 82215 SH SOLE 82215 0 0 FEDERAL REALTY INVT TR SH BEN INT NEW 313747206 1737 21300 SH SOLE 21300 0 0 FEI CO COM 30241L109 752 22300 SH SOLE 22300 0 0 FINISAR CORP COM NEW 31787A507 203 8243 SH SOLE 8243 0 0 FIRST INDUSTRIAL REALTY TRUS COM 32054K103 238 20000 SH SOLE 20000 0 0 FIRST POTOMAC RLTY TR COM 33610F109 499 31700 SH SOLE 31700 0 0 FRANKLIN RES INC COM 354613101 3577 28600 SH SOLE 28600 0 0 FREEPORT-MCMORAN COPPER & GO COM 35671D857 2825 50858 SH SOLE 50858 0 0 GENERAL ELECTRIC CO COM 369604103 2627 131021 SH SOLE 131021 0 0 GEORGIA GULF CORP COM PAR$0.01 NEW 373200302 204 5500 SH SOLE 5500 0 0 GETTY RLTY CORP NEW COM 374297109 373 16300 SH SOLE 16300 0 0 GOOGLE INC CL A 38259P508 1127 1920 SH SOLE 1920 0 0 GREAT LAKES DREDGE & DOCK CO COM 390607109 155 20300 SH SOLE 20300 0 0 GT SOLAR INTL INC COM 3623E0209 182 17100 SH SOLE 17100 0 0 HCP INC COM 40414L109 406 10700 SH SOLE 10700 0 0 HEWLETT PACKARD CO COM 428236103 1788 43638 SH SOLE 43638 0 0 HITACHI LIMITED ADR 10 COM 433578507 1649 31939 SH SOLE 31939 0 0 HUMANA INC COM 444859102 3391 48491 SH SOLE 48491 0 0 HUNT J B TRANS SVCS INC COM 445658107 327 7200 SH SOLE 7200 0 0 IDENIX PHARMACEUTICALS INC COM 45166R204 1696 510761 SH SOLE 510761 0 0 INSPIRE PHARMACEUTICALS INC COM 457733103 257 65000 SH SOLE 65000 0 0 INSULET CORP COM 45784P101 1278 62000 SH SOLE 62000 0 0 INTEL CORP COM 458140100 4474 221686 SH SOLE 221686 0 0 INTERNATIONAL BUSINESS MACHS COM 459200101 7722 47355 SH SOLE 47355 0 0 ISHARES TR S&P 500 INDEX 464287200 224 1683 SH SOLE 1683 0 0 ISHARES TR BARCLY USAGG B 464287226 29558 281159 SH SOLE 281159 0 0 ISHARES TR MSCI EMERG MKT 464287234 386 7939 SH SOLE 7939 0 0 ISHARES TR IBOXX INV CPBD 464287242 771 7130 SH SOLE 7130 0 0 ISHARES TR BARCLYS 20+ YR 464287432 1281 13902 SH SOLE 13902 0 0 ISHARES TR BARCLYS 1-3 YR 464287457 219 2616 SH SOLE 2616 0 0 ISHARES TR MSCI EAFE INDEX 464287465 2422 40321 SH SOLE 40321 0 0 ISHARES TR COHEN&ST RLTY 464287564 448 6387 SH SOLE 6387 0 0 ISHARES TR RUSL 2000 VALU 464287630 40404 536006 SH SOLE 536006 0 0 ISHARES TR DJ US REAL EST 464287739 15819 266314 SH SOLE 266314 0 0 ISHARES TR S&P SMLCP VALU 464287879 2922 38336 SH SOLE 38336 0 0 ISHARES TR S&P NTL AMTFREE 464288414 8128 81729 SH SOLE 81729 0 0 ISHARES TR HIGH YLD CORP 464288513 271 2949 SH SOLE 2949 0 0 ISHARES TR BARCLYS 1-3YR CR 464288646 218 2083 SH SOLE 2083 0 0 JOHNSON & JOHNSON COM 478160104 4385 74007 SH SOLE 74007 0 0 JPMORGAN CHASE & CO COM 46625H100 2786 60430 SH SOLE 60430 0 0 KERYX BIOPHARMACEUTICALS INC COM 492515101 1050 210000 SH SOLE 210000 0 0 KIMBERLY CLARK CORP COM 494368103 4864 74520 SH SOLE 74520 0 0 LATTICE SEMICONDUCTOR CORP COM 518415104 225 38200 SH SOLE 38200 0 0 LECROY CORP COM 52324W109 310 23200 SH SOLE 23200 0 0 LEXINGTON REALTY TRUST COM 529043101 374 40000 SH SOLE 40000 0 0 LILLY ELI & CO COM 532457108 2007 57071 SH SOLE 57071 0 0 M & T BK CORP COM 55261F104 1859 21015 SH SOLE 21015 0 0 MAD CATZ INTERACTIVE INC COM 556162105 72 33100 SH SOLE 33100 0 0 MARTIN MARIETTA MATLS INC COM 573284106 314 3500 SH SOLE 3500 0 0 MCDONALDS CORP COM 580135101 4091 53767 SH SOLE 53767 0 0 MCKESSON CORP COM 58155Q103 4059 51342 SH SOLE 51342 0 0 MEREDITH CORP COM 589433101 241 7100 SH SOLE 7100 0 0 MICROSOFT CORP COM 594918104 6479 255189 SH SOLE 255189 0 0 MOTORCAR PTS AMER INC COM 620071100 310 22200 SH SOLE 22200 0 0 NATIONAL BEVERAGE CORP COM 635017106 281 20500 SH SOLE 20500 0 0 NATIONAL OILWELL VARCO INC COM 637071101 777 9800 SH SOLE 9800 0 0 NET 1 UEPS TECHNOLOGIES INC COM NEW 64107N206 293 34100 SH SOLE 34100 0 0 NETAPP INC COM 64110D104 1712 35565 SH SOLE 35565 0 0 NORFOLK SOUTHERN CORP COM 655844108 4541 65548 SH SOLE 65548 0 0 NUCOR CORP COM 670346105 497 10800 SH SOLE 10800 0 0 O2MICRO INTERNATIONAL LTD SPONS ADR 67107W100 144 18900 SH SOLE 18900 0 0 OCCIDENTAL PETE CORP DEL COM 674599105 2552 24419 SH SOLE 24419 0 0 OPTIMER PHARMACEUTICALS INC COM 68401H104 1035 87500 SH SOLE 87500 0 0 ORACLE CORP COM 68389X105 2873 85922 SH SOLE 85922 0 0 ORTHOVITA INC COM 68750U102 1768 830000 SH SOLE 830000 0 0 PENNSYLVANIA RL ESTATE INVT SH BEN INT 709102107 428 30000 SH SOLE 30000 0 0 PFIZER INC COM 717081103 366 18003 SH SOLE 18003 0 0 PHARMASSET INC COM 71715N106 1574 20000 SH SOLE 20000 0 0 PNC FINL SVCS GROUP INC COM 693475105 277 4393 SH SOLE 4393 0 0 POWERSHARES DB CMDTY IDX TRA UNIT BEN INT 73935S105 22536 738630 SH SOLE 738630 0 0 POWERSHARES GLOBAL ETF TRUST WK VRDO TX FR 73936T433 250 10005 SH SOLE 10005 0 0 POWERSHARES QQQ TRUST UNIT SER 1 73935A104 39931 695306 SH SOLE 695306 0 0 PPL CORP COM 69351T106 1718 67925 SH SOLE 67925 0 0 PROCTER & GAMBLE CO COM 742718109 878 14257 SH SOLE 14257 0 0 QUANTA SVCS INC COM 74762E102 218 9700 SH SOLE 9700 0 0 RAM ENERGY RESOURCES INC COM 75130P109 22 10400 SH SOLE 10400 0 0 RAYTHEON CO COM NEW 755111507 1979 38906 SH SOLE 38906 0 0 REGENCY CTRS CORP COM 758849103 1729 39775 SH SOLE 39775 0 0 RENAISSANCE LEARNING INC COM 75968L105 343 29200 SH SOLE 29200 0 0 REYNOLDS AMERICAN INC COM 761713106 3316 93343 SH SOLE 93343 0 0 RITE AID CORP COM 767754104 13 12500 SH SOLE 12500 0 0 ROADRUNNER TRNSN SVCS HLDG I COM 76973Q105 188 12500 SH SOLE 12500 0 0 ROCKWELL AUTOMATION INC COM 773903109 2557 27011 SH SOLE 27011 0 0 ROPER INDS INC NEW COM 776696106 501 5800 SH SOLE 5800 0 0 SARA LEE CORP COM 803111103 4473 253127 SH SOLE 253127 0 0 SAUL CTRS INC COM 804395101 477 10700 SH SOLE 10700 0 0 SCHLUMBERGER LTD COM 806857108 740 7940 SH SOLE 7940 0 0 SCHOLASTIC CORP COM 807066105 251 9300 SH SOLE 9300 0 0 SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 6898 420865 SH SOLE 420865 0 0 SIMON PPTY GROUP INC NEW COM 828806109 622 5800 SH SOLE 5800 0 0 SPDR GOLD TRUST GOLD SHS 78463V107 31408 224567 SH SOLE 224567 0 0 SPDR INDEX SHS FDS MSCI ACWI EXUS 78463X848 992 28260 SH SOLE 28260 0 0 SPDR S&P 500 ETF TR TR UNIT 78462F103 10293 77630 SH SOLE 77630 0 0 SPDR SERIES TRUST NUVN BR SHT MUNI 78464A425 8021 336589 SH SOLE 336589 0 0 STARBUCKS CORP COM 855244109 224 6050 SH SOLE 6050 0 0 STEEL DYNAMICS INC COM 858119100 574 30600 SH SOLE 30600 0 0 STEINWAY MUSICAL INSTRS INC COM 858495104 369 16600 SH SOLE 16600 0 0 STONERIDGE INC COM 86183P102 219 15000 SH SOLE 15000 0 0 SUPERIOR ENERGY SVCS INC COM 868157108 961 23450 SH SOLE 23450 0 0 SYSCO CORP COM 871829107 211 7628 SH SOLE 7628 0 0 TAUBMAN CTRS INC COM 876664103 1398 26100 SH SOLE 26100 0 0 TJX COS INC NEW COM 872540109 5754 115696 SH SOLE 115696 0 0 TRAVELERS COMPANIES INC COM 89417E109 3755 63123 SH SOLE 63123 0 0 UNILEVER PLC SPON ADR NEW 904767704 1960 64010 SH SOLE 64010 0 0 UNITED TECHNOLOGIES CORP COM 913017109 7882 93113 SH SOLE 93113 0 0 UNITEDHEALTH GROUP INC COM 91324P102 2867 63439 SH SOLE 63439 0 0 URSTADT BIDDLE PPTYS INS CL A 917286205 677 35600 SH SOLE 35600 0 0 VANGUARD BD INDEX FD INC SHORT TRM BOND 921937827 276 3439 SH SOLE 3439 0 0 VANGUARD BD INDEX FD INC TOTAL BND MRKT 921937835 376 4700 SH SOLE 4700 0 0 VANGUARD INDEX FDS LARGE CAP ETF 922908637 899 14800 SH SOLE 14800 0 0 VANGUARD INTL EQUITY INDEX F ALLWRLD EX US 922042775 771 15623 SH SOLE 15623 0 0 VECTOR GROUP LTD COM 92240M108 382 22100 SH SOLE 22100 0 0 VORNADO RLTY TR SH BEN INT 929042109 1785 20400 SH SOLE 20400 0 0 WAL MART STORES INC COM 931142103 3788 72772 SH SOLE 72772 0 0 WASHINGTON REAL ESTATE INVT SH BEN INT 939653101 1652 53150 SH SOLE 53150 0 0 WELLS FARGO & CO NEW COM 949746101 3210 101242 SH SOLE 101242 0 0 WESTERN REFNG INC COM 959319104 383 22600 SH SOLE 22600 0 0 WHIRLPOOL CORP COM 963320106 2380 27876 SH SOLE 27876 0 0 XENOPORT INC COM 98411C100 2313 390000 SH SOLE 390000 0 0 YM BIOSCIENCES INC COM 984238105 3036 1150000 SH SOLE 1150000 0 0 ZALICUS INC COM 98887C105 30 12200 SH SOLE 12200 0 0