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Bard Associates Inc.

CIK:0001105907
Investment Adviser
$385M AUM
173 holdings
Chicago, IL, US
Founded:1983
10 employees
Latest filing:Jun 30, 2025

Bard Associates, Inc. is a boutique, investment-led wealth management and investment advisory firm headquartered in downtown Chicago, Illinois. Founded in 1983, Bard Associates specializes in serving individuals, families, financial professionals, and institutions with a focus on small companies and long-term value creation. The firm is a fee-only fiduciary and provides comprehensive financial planning and investment management services. Bard Associates has been operating for over 40 years and typically requires a minimum of $500,000 in assets per family. Its team consists of investment professionals offering personalized asset management and financial advice to a broad client base, emphasizing integrity, expertise, and long-term relationships.

Investment Strategy

Bard Associates pursues a fundamental value-driven investment strategy, focusing on identifying and investing in small, publicly traded companies that demonstrate high returns on invested capital, durable competitive advantages, and long growth runways. The firm performs primary research including management meetings, financial analysis, and industry due diligence, holding investments for the long term to optimize for compounding returns. Portfolios incorporate both aggressive positions in common stocks and defensive positions via BDCs, REITs, MLPs, preferred stocks, and occasionally bonds. The strategy emphasizes buying great businesses at attractive prices, applying patience and independent thinking, and constructing diversified portfolios tailored to client objectives across the risk spectrum.

Top Buys
B
BIZDVANECK ETF TRUST
+$7.4M
F
FFCFLAHERTY & CRUMRINE PFD SECS
+$6.2M
P
PFFISHARES TR
+$6.1M
O
OROR ROYALTIES INC
+$5.0M
T
TGENTECOGEN INC NEW
+$4.2M
Top Sells
O
OROSISKO GOLD ROYALTIES LTD
-$4.5M
E
ECCEAGLE POINT CREDIT COMPANY I
-$1.7M
E
EICEAGLE POINT INCOME COMPANY I
-$1.7M
I
INUVINUVO INC
-$1.5M
B
BKTIBK TECHNOLOGIES CORPORATION
-$1.4M

Top Holdings

E
ENSGENSIGN GROUP INC
+4.2%$13.1M
B
BIZDVANECK ETF TRUST
+2.6%$8.2M
W
WLDNWILLDAN GROUP INC
+2.6%$8.2M
C
COHRCOHERENT CORP
+2.6%$8.0M
F
FFCFLAHERTY & CRUMRINE PFD SECS
+2.3%$7.3M

Equity Positions (161)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
E
ENSG
ENSIGN GROUP INC4.22%$13.1M84,993$10.51$154.26+$1.6M
B
BIZD
VANECK ETF TRUST2.63%$8.2M501,955$16.31$16.28+$7.4M
W
WLDN
WILLDAN GROUP INC2.63%$8.2M130,698$6.49$62.51+$2.7M
C
COHR
COHERENT CORP2.56%$8.0M89,334$34.85$89.21+$2.1M
F
FFC
FLAHERTY & CRUMRINE PFD SECS2.33%$7.3M445,640$16.70$16.29+$6.2M

Industry Allocation

REAL ESTATE INVESTMENT TRUSTS
+8.0%
GOLD AND SILVER ORES
+5.2%
SERVICES-SKILLED NURSING CARE FACILITIES
+4.2%
NATURAL GAS TRANSMISSION
+3.4%
SERVICES-ENGINEERING SERVICES
+2.6%