Instuitional Investor - Baird Financial Group, Inc.

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Microsoft Corp	MSFT	5,488,964	$2,730,265,604	4.79%
2.	Apple Inc.	AAPL	9,620,363	$1,973,809,855	3.46%
3.	Jpmorgan Chase & Co	JPM	6,257,540	$1,814,123,537	3.18%
4.	Berkshire Hathaway Inc	BRK.A	2,436,202	$1,183,434,195	2.08%
5.	Alphabet Inc.	GOOGL	6,571,131	$1,165,653,016	2.04%