By Soumya Eswaran
Publication Date: 2025-12-29 14:24:00
Bailard Inc., an investment management company, released its third-quarter 2025 investor letter for “Bailard Technology Strategy”. A copy of the letter can be downloaded here. The strategy generated 9.36% net of fees in the quarter compared to the S&P North American Technology Index’s 13.14% return, the Morningstar U.S. Open-End Technology Categories’ 11.64% return, and the Lipper Science and Technology Fund Index’s 11.19% gain. The quarter showed improved technology fundamentals following the Q2 market rebound, driven by structural demand trends and evolving regulations across key verticals. In addition, please check the fund’s top five holdings to know its best picks in 2025.
In its third-quarter 2025 investor letter, Bailard Technology Strategy highlighted stocks such as NVIDIA Corporation (NASDAQ:NVDA). NVIDIA Corporation (NASDAQ:NVDA) offers graphics, compute, and networking solutions. The one-month return for NVIDIA Corporation (NASDAQ:NVDA) was 5.90%, and its shares gained 38.58% over the last 52 weeks. On December 26, 2025, NVIDIA Corporation (NASDAQ:NVDA) stock closed at $190.53 per share, with a market capitalization of $4.639 trillion.
Bailard Technology Strategy stated the following regarding NVIDIA Corporation (NASDAQ:NVDA) in its third quarter 2025 investor letter:
“NVIDIA Corporation (NASDAQ:NVDA) (+216 bps to Strategy; +18.10%) – A cornerstone holding, Nvidia continues to lead in accelerated…