# EDGAR Filing Document

**Accession Number:** 0001282693
**File Stem:** 0000894189-26-014921
**Filing Date:** 2026-5
**Character Count:** 33464
**Document Hash:** da6f3e1897b9b94d91601c060525515f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-26-014921.hdr.sgml**: 20260515

**ACCESSION NUMBER**: 0000894189-26-014921

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260515

**DATE AS OF CHANGE**: 20260515

**PERIOD START**: 20261231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BAIRD FUNDS INC
- **CENTRAL INDEX KEY:** 0001282693

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** WI
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09997
- **FILM NUMBER:** 26983228

**BUSINESS ADDRESS:**
- **STREET 1:** 777 EAST WISCONSIN AVENUE
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202
- **BUSINESS PHONE:** 414-765-3500

**MAIL ADDRESS:**
- **STREET 1:** 777 EAST WISCONSIN AVENUE
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202

## Series and Classes Contracts Data

### Baird Small/Mid Cap Growth Fund (Series ID: S000063403)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000205477 | Investor Class      | BSGSX           |
| C000205478 | Institutional Class | BSGIX           |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **Baird Small/Mid Cap Growth Fund** | **Baird Small/Mid Cap Growth Fund** | **Baird Small/Mid Cap Growth Fund** |
| **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** |
| **March 31, 2026 (Unaudited)** | **March 31, 2026 (Unaudited)** | **March 31, 2026 (Unaudited)** |
| **COMMON STOCKS - 96.5%** | **Shares**  | **Value**  |
| **Aerospace & Defense - 10.1%** | **Aerospace & Defense - 10.1%** | |
| BWX Technologies, Inc. | 8304 | $1698085 |
| Curtiss-Wright Corp. | 3798 | 2586894 |
| FTAI Aviation Ltd. | 4871 | 1193395 |
| Kratos Defense & Security Solutions, Inc. <sup>(a)</sup> | 12872 | 907604 |
| Woodward, Inc. | 3878 | 1388014 |
|  |  | 7773992 |
| **Automobile Components - 1.0%** | **Automobile Components - 1.0%** |  |
| XPEL, Inc. <sup>(a)</sup> | 16900 | 747994 |
| **Beverages - 2.7%** | **Beverages - 2.7%** |  |
| Vita Coco Co., Inc. <sup>(a)</sup> | 43509 | 2084516 |
| **Biotechnology - 6.4%** | **Biotechnology - 6.4%** |  |
| Insmed, Inc. <sup>(a)</sup> | 8496 | 1389266 |
| Neurocrine Biosciences, Inc. <sup>(a)</sup> | 17172 | 2262239 |
| Twist Bioscience Corp. <sup>(a)</sup> | 26328 | 1251107 |
|  |  | 4902612 |
| **Building Products - 1.6%** | **Building Products - 1.6%** |  |
| Simpson Manufacturing Co., Inc. | 7166 | 1229829 |
| **Capital Markets - 1.5%** | **Capital Markets - 1.5%** |  |
| Houlihan Lokey, Inc. | 8186 | 1175673 |
| **Construction & Engineering - 4.0%** | **Construction & Engineering - 4.0%** |  |
| Comfort Systems USA, Inc. | 1224 | 1687884 |
| EMCOR Group, Inc. | 1831 | 1351845 |
|  |  | 3039729 |
| **Consumer Finance - 0.9%** | **Consumer Finance - 0.9%** |  |
| SoFi Technologies, Inc. <sup>(a)</sup> | 45615 | 724366 |
| **Consumer Staples Distribution & Retail - 3.4%** | **Consumer Staples Distribution & Retail - 3.4%** |  |
| BJ's Wholesale Club Holdings, Inc. <sup>(a)</sup> | 11032 | 1085769 |
| Casey's General Stores, Inc. | 2061 | 1500120 |
|  |  | 2585889 |
| **Electrical Equipment - 1.0%** | **Electrical Equipment - 1.0%** |  |
| Hubbell, Inc. | 1579 | 774879 |
| **Electronic Equipment, Instruments & Components - 4.5%** | **Electronic Equipment, Instruments & Components - 4.5%** |  |
| Fabrinet <sup>(a)</sup> | 2570 | 1340306 |
| Jabil, Inc. | 4961 | 1317791 |
| Littelfuse, Inc. | 2362 | 801545 |
|  |  | 3459642 |
| **Financial Services - 2.6%** | **Financial Services - 2.6%** |  |
| Affirm Holdings, Inc. <sup>(a)</sup> | 19148 | 877361 |
| Equitable Holdings, Inc. | 30507 | 1132115 |
|  |  | 2009476 |
| **Ground Transportation - 1.7%** | **Ground Transportation - 1.7%** |  |
| XPO, Inc. <sup>(a)</sup> | 6845 | 1331695 |
| **Health Care Equipment & Supplies - 9.2%** | **Health Care Equipment & Supplies - 9.2%** |  |
| Align Technology, Inc. <sup>(a)</sup> | 6623 | 1135381 |
| Dexcom, Inc. <sup>(a)</sup> | 16936 | 1063580 |
| Glaukos Corp. <sup>(a)</sup> | 12527 | 1348657 |
| Insulet Corp. <sup>(a)</sup> | 7726 | 1621224 |
| Masimo Corp. <sup>(a)</sup> | 5261 | 935774 |
| TransMedics Group, Inc. <sup>(a)</sup> | 9183 | 912882 |
|  |  | 7017498 |
| **Health Care Providers & Services - 2.5%** | **Health Care Providers & Services - 2.5%** |  |
| Alignment Healthcare, Inc. <sup>(a)</sup> | 54559 | 961329 |
| HealthEquity, Inc. <sup>(a)</sup> | 11805 | 986544 |
|  |  | 1947873 |
| **Health Care Technology - 1.3%** | **Health Care Technology - 1.3%** |  |
| Waystar Holding Corp. <sup>(a)</sup> | 41159 | 992344 |
| **Hotels, Restaurants & Leisure - 7.4%** | **Hotels, Restaurants & Leisure - 7.4%** |  |
| Cava Group, Inc. <sup>(a)</sup> | 23500 | 1901150 |
| Churchill Downs, Inc. | 16337 | 1467553 |
| Dutch Bros, Inc. - Class A <sup>(a)</sup> | 32899 | 1666663 |
| Wingstop, Inc. | 4329 | 670865 |
|  |  | 5706231 |
| **Insurance - 1.3%** | **Insurance - 1.3%** |  |
| Kinsale Capital Group, Inc. | 2981 | 1018489 |
| **IT Services - 1.8%** | **IT Services - 1.8%** |  |
| Twilio, Inc. - Class A <sup>(a)</sup> | 10790 | 1357598 |
| **Life Sciences Tools & Services - 4.3%** | **Life Sciences Tools & Services - 4.3%** |  |
| Bio-Techne Corp. | 19024 | 994194 |
| Illumina, Inc. <sup>(a)</sup> | 9404 | 1159137 |
| Repligen Corp. <sup>(a)</sup> | 9404 | 1107980 |
|  |  | 3261311 |
| **Machinery - 3.3%** | **Machinery - 3.3%** |  |
| Federal Signal Corp. | 9227 | 997808 |
| Kadant, Inc. | 5167 | 1510572 |
|  |  | 2508380 |
| **Oil, Gas & Consumable Fuels - 3.4%** | **Oil, Gas & Consumable Fuels - 3.4%** |  |
| Matador Resources Co. | 18576 | 1173632 |
| Viper Energy, Inc. - Class A | 29917 | 1405800 |
|  |  | 2579432 |
| **Pharmaceuticals - 1.9%** | **Pharmaceuticals - 1.9%** |  |
| Tarsus Pharmaceuticals, Inc. <sup>(a)</sup> | 20581 | 1443757 |
| **Professional Services - 2.2%** | **Professional Services - 2.2%** |  |
| UL Solutions, Inc. | 19894 | 1705115 |
| **Semiconductors & Semiconductor Equipment - 4.1%** | **Semiconductors & Semiconductor Equipment - 4.1%** |  |
| Lattice Semiconductor Corp. <sup>(a)</sup> | 12911 | 1197624 |
| MACOM Technology Solutions Holdings, Inc. <sup>(a)</sup> | 4845 | 1075929 |
| Rambus, Inc. <sup>(a)</sup> | 10189 | 876560 |
|  |  | 3150113 |
| **Software - 2.1%** | **Software - 2.1%** |  |
| Descartes Systems Group, Inc. <sup>(a)</sup> | 14317 | 1024524 |
| ServiceTitan, Inc. - Class A <sup>(a)</sup> | 9532 | 604901 |
|  |  | 1629425 |
| **Specialized REITs - 1.7%** | **Specialized REITs - 1.7%** |  |
| National Storage Affiliates Trust | 34765 | 1312031 |
| **Specialty Retail - 4.0%** | **Specialty Retail - 4.0%** |  |
| Boot Barn Holdings, Inc. <sup>(a)</sup> | 9475 | 1386761 |
| Floor & Decor Holdings, Inc. - Class A <sup>(a)</sup> | 16771 | 851967 |
| Victoria's Secret & Co. <sup>(a)</sup> | 17803 | 825347 |
|  |  | 3064075 |
| **Textiles, Apparel & Luxury Goods - 2.6%** | **Textiles, Apparel & Luxury Goods - 2.6%** |  |
| Crocs, Inc. <sup>(a)</sup> | 8980 | 745519 |
| Kontoor Brands, Inc. | 17537 | 1232676 |
|  |  | 1978195 |
| **Trading Companies & Distributors - 2.0%** | **Trading Companies & Distributors - 2.0%** |  |
| Watsco, Inc. | 4114 | 1496632 |
| **TOTAL COMMON STOCKS** (Cost $67,758,246) | **TOTAL COMMON STOCKS** (Cost $67,758,246) | 74008791 |
| **SHORT-TERM INVESTMENTS** | **SHORT-TERM INVESTMENTS** | **SHORT-TERM INVESTMENTS** |
| **MONEY MARKET FUNDS - 3.8%** | **Shares**  | **Value**  |
| First American Government Obligations Fund - Class U, 3.60% <sup>(b)</sup> | 2889771 | 2889771 |
| **TOTAL MONEY MARKET FUNDS** (Cost $2,889,771) | **TOTAL MONEY MARKET FUNDS** (Cost $2,889,771) | 2889771 |
| **TOTAL INVESTMENTS - 100.3% (**Cost $70,648,017**)** | **TOTAL INVESTMENTS - 100.3% (**Cost $70,648,017**)** | 76898562 |
| Liabilities in Excess of Other Assets - (0.3)% | Liabilities in Excess of Other Assets - (0.3)% | (224035) |
| **TOTAL NET ASSETS - 100.0%** |  | $76674527 |
| Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. |  |

---

---

| |
|:---|
| REIT - Real Estate Investment Trust |
| The Global Industry Classification Standard ("GICS<sup>®</sup>") was developed by and/or is the exclusive property of MSCI, Inc. ("MSCI") and Standard & Poor's Financial Services LLC ("S&P"). GICS<sup>®</sup> is a service mark of MSCI and S&P and has been licensed for use by U.S. Bank Global Fund Services. |

---

(a) Non-income producing security.

(b) The rate shown represents the 7-day annualized yield as of March 31, 2026.

------

#### Summary of Fair Value Disclosure as of March 31, 2026 (Unaudited)
Baird Small/Mid Cap Growth Fund (the "Fund") has adopted fair value accounting standards which establish a definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion of changes in valuation techniques and related inputs during the period, and expanded disclosure of valuation levels for major security types. These inputs are summarized in the three broad levels listed below. The inputs or valuation methodology used for valuing securities are not an indication of the risk associated with investing in those securities.

Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.

Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.

Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund's own assumptions about the assumptions a market participant would use in valuing the asset or liability, and based on the best information available.

The following is a summary of the fair valuation hierarchy of the Fund's securities as of March 31, 2026:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| <u>Investments:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;Common Stocks | $74008791 | $– | $– | $74008791 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | 2889771 | – | – | 2889771 |
| Total Investments | $76898562 | $– | $– | $76898562 |
| Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. |

---

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Baird Funds Inc

- **b. Investment Company Act file number:** 811-09997

- **c. CIK number of Registrant:** 0001282693

- **d. LEI of Registrant:** 5493007JR2NWYBC7PO06

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 777 East Wisconsin Avenue

  - **City:** Milwaukee

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53202

  - **Telephone number:** 4147653614

**Item A.2. Information about the Series.**

- **a. Name of Series:** Baird Small/Mid Cap Growth Fund

- **b. EDGAR series identifier (if any):** S000063403

- **c. LEI of Series:** 549300TY4W2QH8N3UI32

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-12-31

- **b. Date as of which information is reported:** 2026-03-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $77253224.71

**Total Liabilities:** $409188.69

**Net Assets:** $76844036.02

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000205477 | 0.45%                | 1.68%                | -6.98%               |
| Class ID C000205478 | 0.44%                | 1.71%                | -6.96%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-733036.69              | $1344950.65                                |
| Month 2  | $285888.17               | $1307359.45                                |
| Month 3  | $514644.28               | $-6570796.68                               |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                           | Title                                      | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Floor & Decor Holdings Inc     | Floor & Decor Holdings Inc                 | CUSIP: 339750101<br>LEI: 549300M5FR3N688XGQ36 | Long             | EC               | CORP              | US        |     16771 | NS      | $851966.80    | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Kadant Inc                     | Kadant Inc                                 | CUSIP: 48282T104<br>LEI: 549300K06LNJYBMPYP15 | Long             | EC               | CORP              | US        |      5167 | NS      | $1510572.45   | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Kratos Defense & Security Solu | Kratos Defense & Security Solutions Inc    | CUSIP: 50077B207<br>LEI: 5493000EKBN0UY1F3F88 | Long             | EC               | CORP              | US        |     12872 | NS      | $907604.72    | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Waystar Holding Corp           | Waystar Holding Corp                       | CUSIP: 946784105<br>LEI: 529900QJLKXDYU36MH89 | Long             | EC               | CORP              | US        |     41159 | NS      | $992343.49    | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| BJ's Wholesale Club Holdings I | BJ's Wholesale Club Holdings Inc           | CUSIP: 05550J101<br>LEI: 549300UCIWH1C93V0J03 | Long             | EC               | CORP              | US        |     11032 | NS      | $1085769.44   | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Descartes Systems Group Inc/Th | Descartes Systems Group Inc/The            | CUSIP: 249906108<br>LEI: 875500NEPA7JI5EOMN45 | Long             | EC               | CORP              | CA        |     14317 | NS      | $1024524.52   | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Equitable Holdings Inc         | Equitable Holdings Inc                     | CUSIP: 29452E101<br>LEI: 549300FIBAKMNHPZ4009 | Long             | EC               | CORP              | US        |     30507 | NS      | $1132114.77   | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Dexcom Inc                     | Dexcom Inc                                 | CUSIP: 252131107<br>LEI: 549300YSK3QDSFR5EU59 | Long             | EC               | CORP              | US        |     16936 | NS      | $1063580.80   | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Hubbell Inc                    | Hubbell Inc                                | CUSIP: 443510607<br>LEI: 54930088VDQ6840Y6597 | Long             | EC               | CORP              | US        |      1579 | NS      | $774878.46    | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| UL Solutions Inc               | UL Solutions Inc                           | CUSIP: 903731107<br>LEI: 549300F7CUV5ESKV9P71 | Long             | EC               | CORP              | US        |     19894 | NS      | $1705114.74   | 2.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Watsco Inc                     | Watsco Inc                                 | CUSIP: 942622200<br>LEI: 549300F1Y3LN5BX5WN75 | Long             | EC               | CORP              | US        |      4114 | NS      | $1496632.06   | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Fabrinet                       | Fabrinet                                   | CUSIP: N/A<br>LEI: 5493004TETZ6IYF7CV44       | Long             | EC               | CORP              | TH        |      2570 | NS      | $1340306.40   | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| BWX Technologies Inc           | BWX Technologies Inc                       | CUSIP: 05605H100<br>LEI: 549300NP85N265KWMS58 | Long             | EC               | CORP              | US        |      8304 | NS      | $1698084.96   | 2.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Boot Barn Holdings Inc         | Boot Barn Holdings Inc                     | CUSIP: 099406100<br>LEI: 529900QE1BFMYA3N4E71 | Long             | EC               | CORP              | US        |      9475 | NS      | $1386761.00   | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Comfort Systems USA Inc        | Comfort Systems USA Inc                    | CUSIP: 199908104<br>LEI: 5299009DT1ZA5HTU6R38 | Long             | EC               | CORP              | US        |      1224 | NS      | $1687883.76   | 2.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Curtiss-Wright Corp            | Curtiss-Wright Corp                        | CUSIP: 231561101<br>LEI: TEL51ETZWP7D0ZM4X325 | Long             | EC               | CORP              | US        |      3798 | NS      | $2586893.76   | 3.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Illumina Inc                   | Illumina Inc                               | CUSIP: 452327109<br>LEI: SQ95QG8SR5Q56LSNF682 | Long             | EC               | CORP              | US        |      9404 | NS      | $1159137.04   | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinsale Capital Group Inc      | Kinsale Capital Group Inc                  | CUSIP: 49714P108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2981 | NS      | $1018488.46   | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Kontoor Brands Inc             | Kontoor Brands Inc                         | CUSIP: 50050N103<br>LEI: 549300M0CPXV65RFF271 | Long             | EC               | CORP              | US        |     17537 | NS      | $1232675.73   | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Littelfuse Inc                 | Littelfuse Inc                             | CUSIP: 537008104<br>LEI: 549300MY7HLQFYTPCX75 | Long             | EC               | CORP              | US        |      2362 | NS      | $801544.70    | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Masimo Corp                    | Masimo Corp                                | CUSIP: 574795100<br>LEI: 549300Q4A8JK0PIYCU29 | Long             | EC               | CORP              | US        |      5261 | NS      | $935774.07    | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| National Storage Affiliates Tr | National Storage Affiliates Trust          | CUSIP: 637870106<br>LEI: 529900FS06O8GOYNR108 | Long             | EC               | CORP              | US        |     34765 | NS      | $1312031.10   | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| ServiceTitan Inc               | ServiceTitan Inc                           | CUSIP: 81764X103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9532 | NS      | $604900.72    | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Affirm Holdings Inc            | Affirm Holdings Inc                        | CUSIP: 00827B106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     19148 | NS      | $877361.36    | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Alignment Healthcare Inc       | Alignment Healthcare Inc                   | CUSIP: 01625V104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     54559 | NS      | $961329.58    | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Glaukos Corp                   | Glaukos Corp                               | CUSIP: 377322102<br>LEI: 5299004JA1LHE21M6T14 | Long             | EC               | CORP              | US        |     12527 | NS      | $1348656.82   | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Insmed Inc                     | Insmed Inc                                 | CUSIP: 457669307<br>LEI: 529900Q55QAG41CCAC11 | Long             | EC               | CORP              | US        |      8496 | NS      | $1389265.92   | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Jabil Inc                      | Jabil Inc                                  | CUSIP: 466313103<br>LEI: 5493000CGCQY2OQU7669 | Long             | EC               | CORP              | US        |      4961 | NS      | $1317790.43   | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Matador Resources Co           | Matador Resources Co                       | CUSIP: 576485205<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | EC               | CORP              | US        |     18576 | NS      | $1173631.68   | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Neurocrine Biosciences Inc     | Neurocrine Biosciences Inc                 | CUSIP: 64125C109<br>LEI: 549300FECER0XBN49756 | Long             | EC               | CORP              | US        |     17172 | NS      | $2262239.28   | 2.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Twilio Inc                     | Twilio Inc                                 | CUSIP: 90138F102<br>LEI: 5493004W8TRGD63APX93 | Long             | EC               | CORP              | US        |     10790 | NS      | $1357597.80   | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Victoria's Secret & Co         | Victoria's Secret & Co                     | CUSIP: 926400102<br>LEI: 5493006T3O70U3UWVF17 | Long             | EC               | CORP              | US        |     17803 | NS      | $825347.08    | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Vita Coco Co Inc/The           | Vita Coco Co Inc/The                       | CUSIP: 92846Q107<br>LEI: 54930020WXOAWHR85Y25 | Long             | EC               | CORP              | US        |     43509 | NS      | $2084516.19   | 2.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Wingstop Inc                   | Wingstop Inc                               | CUSIP: 974155103<br>LEI: 549300SSH3F8HPIM3Q47 | Long             | EC               | CORP              | US        |      4329 | NS      | $670865.13    | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| XPO Inc                        | XPO Inc                                    | CUSIP: 983793100<br>LEI: 54930096DB9LCLPN7H13 | Long             | EC               | CORP              | US        |      6845 | NS      | $1331694.75   | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| XPEL Inc                       | XPEL Inc                                   | CUSIP: 98379L100<br>LEI: 549300KWSE3IGXLJNW66 | Long             | EC               | CORP              | US        |     16900 | NS      | $747994.00    | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Rambus Inc                     | Rambus Inc                                 | CUSIP: 750917106<br>LEI: 2549000211GDCQSLV833 | Long             | EC               | CORP              | US        |     10189 | NS      | $876559.67    | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Tarsus Pharmaceuticals Inc     | Tarsus Pharmaceuticals Inc                 | CUSIP: 87650L103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     20581 | NS      | $1443757.15   | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Government Obli | First American Government Obligations Fund | CUSIP: 31846V211<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |   3204937 | NS      | $3204936.73   | 4.17%             |  |  |  | No            |                  1 | On Loan: No      |
| HealthEquity Inc               | HealthEquity Inc                           | CUSIP: 42226A107<br>LEI: 529900LRJU1RAFQHM467 | Long             | EC               | CORP              | US        |     11805 | NS      | $986543.85    | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Lattice Semiconductor Corp     | Lattice Semiconductor Corp                 | CUSIP: 518415104<br>LEI: 549300LRBBPZDQ2II567 | Long             | EC               | CORP              | US        |     12911 | NS      | $1197624.36   | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Repligen Corp                  | Repligen Corp                              | CUSIP: 759916109<br>LEI: 54930006QJ0T5AUO1E71 | Long             | EC               | CORP              | US        |      9404 | NS      | $1107979.28   | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| SoFi Technologies Inc          | SoFi Technologies Inc                      | CUSIP: 83406F102<br>LEI: 549300SW81JCMVZDDY09 | Long             | EC               | CORP              | US        |     45615 | NS      | $724366.20    | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Signal Corp            | Federal Signal Corp                        | CUSIP: 313855108<br>LEI: 549300RTXZRPTNP6G884 | Long             | EC               | CORP              | US        |      9227 | NS      | $997807.78    | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| TransMedics Group Inc          | TransMedics Group Inc                      | CUSIP: 89377M109<br>LEI: 549300060GVOSMWARH50 | Long             | EC               | CORP              | US        |      9183 | NS      | $912882.03    | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| FTAI Aviation Ltd              | FTAI Aviation Ltd                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      4871 | NS      | $1193395.00   | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Bio-Techne Corp                | Bio-Techne Corp                            | CUSIP: 09073M104<br>LEI: 54930073RLKQ51TILZ35 | Long             | EC               | CORP              | US        |     19024 | NS      | $994194.24    | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Cava Group Inc                 | Cava Group Inc                             | CUSIP: 148929102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     23500 | NS      | $1901150.00   | 2.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Dutch Bros Inc                 | Dutch Bros Inc                             | CUSIP: 26701L100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     32899 | NS      | $1666663.34   | 2.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Align Technology Inc           | Align Technology Inc                       | CUSIP: 016255101<br>LEI: 549300N5YSE0U3LCP840 | Long             | EC               | CORP              | US        |      6623 | NS      | $1135380.89   | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Casey's General Stores Inc     | Casey's General Stores Inc                 | CUSIP: 147528103<br>LEI: 549300CAFWSI86V66Q65 | Long             | EC               | CORP              | US        |      2061 | NS      | $1500119.46   | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Churchill Downs Inc            | Churchill Downs Inc                        | CUSIP: 171484108<br>LEI: 529900FODTBQC8MIS994 | Long             | EC               | CORP              | US        |     16337 | NS      | $1467552.71   | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Crocs Inc                      | Crocs Inc                                  | CUSIP: 227046109<br>LEI: 549300B0J6YCXD63OG72 | Long             | EC               | CORP              | US        |      8980 | NS      | $745519.60    | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| EMCOR Group Inc                | EMCOR Group Inc                            | CUSIP: 29084Q100<br>LEI: 529900X0SQJB2J7YDU43 | Long             | EC               | CORP              | US        |      1831 | NS      | $1351845.61   | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Houlihan Lokey Inc             | Houlihan Lokey Inc                         | CUSIP: 441593100<br>LEI: 549300S3CNGTQ1QZVY46 | Long             | EC               | CORP              | US        |      8186 | NS      | $1175673.32   | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Insulet Corp                   | Insulet Corp                               | CUSIP: 45784P101<br>LEI: 549300TZTYD2PYN92D43 | Long             | EC               | CORP              | US        |      7726 | NS      | $1621223.84   | 2.11%             |  |  |  | No            |                  1 | On Loan: No      |
| MACOM Technology Solutions Hol | MACOM Technology Solutions Holdings Inc    | CUSIP: 55405Y100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4845 | NS      | $1075929.15   | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Viper Energy Inc               | Viper Energy Inc                           | CUSIP: 64361Q101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     29917 | NS      | $1405799.83   | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Simpson Manufacturing Co Inc   | Simpson Manufacturing Co Inc               | CUSIP: 829073105<br>LEI: 529900EJUNNL15LZ8056 | Long             | EC               | CORP              | US        |      7166 | NS      | $1229828.92   | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Twist Bioscience Corp          | Twist Bioscience Corp                      | CUSIP: 90184D100<br>LEI: 549300T23BL59LCOH584 | Long             | EC               | CORP              | US        |     26328 | NS      | $1251106.56   | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Woodward Inc                   | Woodward Inc                               | CUSIP: 980745103<br>LEI: YPYKXXTR8TFDH54ZMB45 | Long             | EC               | CORP              | US        |      3878 | NS      | $1388013.76   | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-04-22

**Name of Applicant:** Baird Funds Inc

**Signature:** Baird Funds Inc

**Name of Signer:** Peter Hammond

**Title:** Vice President