An analytic model is developed to predict static characteristics of a new hydrodynamic–rolling hybrid bearing (HRHB). Experiments are carried out to measure the equilibrium positions, the load sharing, and the rotational speeds of the rolling bearing cage. The results show that the working states of HRHB are divided into two distinct phases by a transition speed at which the hydrodynamics and contact models are decoupled. The cage speeds can be used to determine transition speed. The theoretical results agree with the experimental results, and it can be employed to design the bearing parameters according to the expected performance.