Baillie Gifford & Co.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 7, 2025), Baillie Gifford & Co. reported 264 stock positions worth $114.6 billion. Its top holding was MercadoLibre (MELI) at 6.4% of the portfolio, followed by Amazon.com (AMZN, 5.8%) and Spotify Technology (SPOT, 5.2%). Compared with Q4 2024, it opened 15 new positions, sold out of 21, added to 46 and reduced 188. The biggest buy was PDD (PDD, shares +5%) and the biggest sale Tesla (TSLA, shares −76%).
- Most Recent 13F
- Q2 2026
- Location
- EDINBURGH, X0
- CIK
- 0001088875
- Portfolio Value
- $114.6B (Q1 2025)
- SEC Filing
- 0001088875-25-000049 ↗ filed May 7, 2025
Holdings Value
Holdings 264 stocks · $114.6B
| MELI MercadoLibre Inc. | 6.44% | 3,784,477 | $7.4B | Reduce -11.9% |
| AMZN Amazon.com Inc. | 5.78% | 34,831,430 | $6.6B | Reduce -3.4% |
| SPOT Spotify Technology SA | 5.20% | 10,838,982 | $6.0B | Reduce -17.6% |
| SHOP Shopify Inc. Class A | 4.66% | 55,877,748 | $5.3B | Reduce -6.5% |
| SE Sea Ltd.-ADR | 4.50% | 39,525,842 | $5.2B | Reduce -3.5% |
| NVDA Nvidia Corp. | 4.44% | 46,893,508 | $5.1B | Reduce -11.3% |
| PDD PDD Holdings Inc. | 4.14% | 40,047,278 | $4.7B | Add +5.2% |
| NFLX Netflix Inc. | 3.28% | 4,034,633 | $3.8B | Reduce -9.9% |
| CPNG Coupang Inc. | 2.97% | 155,258,559 | $3.4B | Reduce -3.6% |
| META Meta Platforms Inc. Class A | 2.95% | 5,872,957 | $3.4B | Reduce -0.2% |
| NET Cloudflare Inc. Class A | 2.70% | 27,425,821 | $3.1B | Reduce -14.0% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 2.37% | 265,160,474 | $2.7B | Add +17.9% |
| MSFT Microsoft Corp. | 2.30% | 7,021,856 | $2.6B | Reduce -4.8% |
| DASH DoorDash Inc. Class A | 1.91% | 11,950,266 | $2.2B | Reduce -9.5% |
| RACE Ferrari NV | 1.71% | 4,623,463 | $2.0B | Reduce -16.3% |
| TEAM Atlassian Corp. Class A | 1.61% | 8,694,755 | $1.8B | Add +7.1% |
| TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC | 1.50% | 31,413,946 | $1.7B | Reduce -10.7% |
| RBLX Roblox Corp. Class A | 1.40% | 27,478,545 | $1.6B | Reduce -2.0% |
| ISRG Intuitive Surgical Inc. | 1.37% | 3,174,667 | $1.6B | Reduce -16.1% |
| APP AppLovin Corp. Class A | 1.22% | 5,270,355 | $1.4B | Add +29.0% |
| IOT Samsara Inc. Class A | 1.18% | 35,277,488 | $1.4B | Add +7.1% |
| WDAY Workday Inc. Class A | 1.15% | 5,623,652 | $1.3B | Reduce -11.2% |
| DDOG Datadog Inc. Class A | 1.06% | 12,274,655 | $1.2B | Add +12.6% |
| ELV Elevance Health Inc. | 0.87% | 2,303,038 | $1.0B | Reduce -7.4% |
| ONC Beone Medicines Ltd.-ADR filed as BEIGENE LTD | 0.86% | 3,630,710 | $988.2M | Reduce -1.1% |
| ALNY Alnylam Pharmaceuticals Inc. | 0.86% | 3,657,607 | $987.6M | Reduce -9.5% |
| DXCM Dexcom Inc. | 0.85% | 14,179,830 | $968.3M | Reduce -3.0% |
| MA Mastercard Inc. Class A | 0.78% | 1,631,605 | $894.3M | Reduce -9.3% |
| SCI Service Corp. International | 0.72% | 10,235,684 | $820.9M | Reduce -7.1% |
| RYAAY Ryanair Holdings PLC-SP ADR | 0.70% | 19,048,110 | $807.1M | Reduce -12.4% |
| DUOL Duolingo | 0.67% | 2,477,752 | $769.4M | Reduce -9.6% |
| BNTX Biontech SE-ADR | 0.65% | 8,159,682 | $743.0M | Reduce -0.7% |
| PBR Petroleo Brasileiro-Spon ADR | 0.65% | 51,748,747 | $742.1M | Reduce -6.6% |
| MRNA Moderna Inc. | 0.62% | 24,948,558 | $707.3M | Reduce -35.9% |
| ESTC Elastic NV | 0.61% | 7,843,557 | $698.9M | Reduce -11.6% |
| ENPH Enphase Energy Inc. | 0.60% | 11,052,357 | $685.8M | Add +32.0% |
| XYZ Block Inc. | 0.60% | 12,553,165 | $682.0M | Add +12.4% |
| CSGP Costar Group Inc. | 0.58% | 8,436,199 | $668.4M | Add +6.6% |
| RIVN Rivian Automotive Inc. Class A | 0.53% | 48,542,887 | $604.4M | Reduce -2.1% |
| MLM Martin Marietta Materials | 0.52% | 1,255,116 | $600.1M | Reduce -34.3% |
| PODD Insulet Corp. | 0.52% | 2,250,755 | $591.1M | Reduce -4.5% |
| AZO AutoZone Inc. | 0.50% | 151,612 | $578.1M | Reduce -7.0% |
| AUR Aurora Innovation Inc. | 0.46% | 78,635,013 | $528.8M | Reduce -2.9% |
| WIX Wix.com Ltd. | 0.46% | 3,227,099 | $527.2M | Reduce -42.5% |
| WSO Watsco Inc. | 0.45% | 1,019,100 | $518.0M | Reduce -7.2% |
| MMYT Makemytrip Ltd. | 0.44% | 5,155,202 | $505.2M | Add +40.0% |
| ELF Elf Beauty Inc. | 0.44% | 7,939,144 | $498.5M | Reduce -0.9% |
| KSPI JSC Kaspi.kz ADR filed as KASPI KZ JSC | 0.43% | 5,260,033 | $488.4M | Add +17.1% |
| GOOG Alphabet Inc. Class C | 0.42% | 3,105,472 | $485.2M | Reduce -6.4% |
| TSLA Tesla Inc. | 0.40% | 1,762,022 | $456.6M | Reduce -76.3% |
| TXN Texas Instruments Inc. | 0.38% | 2,393,554 | $430.1M | Reduce -7.1% |
| SNOW Snowflake Inc. | 0.37% | 2,928,696 | $428.1M | Add +8.2% |
| RPRX Royalty Pharma PLC Class A | 0.36% | 13,402,284 | $417.2M | Reduce -5.2% |
| FMX Fomento Economico Mex-SP ADR | 0.36% | 4,268,594 | $416.5M | Reduce -1.3% |
| TSM Taiwan Semiconductor-SP ADR | 0.36% | 2,495,073 | $414.2M | Add +28.3% |
| AFRM Affirm Holdings Inc. | 0.36% | 9,003,471 | $406.9M | Reduce -4.0% |
| SPGI S&P Global Inc. | 0.35% | 796,189 | $404.5M | Reduce -6.7% |
| CBRE CBRE Group Inc. Class A | 0.35% | 3,074,246 | $402.0M | Reduce -20.7% |
| MKL Markel Group Inc. | 0.34% | 210,484 | $393.5M | Reduce -7.4% |
| SQM Quimica Y Minera Chil-SP ADR filed as SOCIEDAD QUIMICA Y MINERA DE | 0.33% | 9,371,786 | $372.3M | Add +587.9% |
| UNH Unitedhealth Group Inc. | 0.32% | 707,792 | $370.7M | Reduce -6.7% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 0.31% | 1,036,663 | $357.9M | Reduce -36.4% |
| MCO Moody's Corp. | 0.31% | 758,516 | $353.2M | Reduce -6.2% |
| PAYC Paycom Software Inc. | 0.30% | 1,584,493 | $346.2M | Add +1918.4% |
| JOBY Joby Aviation Inc. | 0.28% | 53,877,308 | $324.3M | Reduce -2.1% |
| CRM Salesforce Inc. | 0.28% | 1,197,896 | $321.5M | New |
| BAP Credicorp Ltd. | 0.26% | 1,617,353 | $301.1M | Reduce -0.3% |
| SG Sweetgreen Inc. Class A | 0.26% | 11,707,090 | $292.9M | Add +3.4% |
| TME Tencent Music Entertainm-ADR | 0.25% | 20,176,398 | $290.7M | Reduce -3.7% |
| DKNG Draftkings Inc. Class A | 0.24% | 8,390,236 | $278.6M | Add +26.5% |
| SYM Symbotic Inc. | 0.24% | 13,706,465 | $277.0M | Reduce -1.4% |
| CPA Copa Holdings SA Class A | 0.24% | 2,988,263 | $276.3M | Reduce -2.4% |
| WMS Advanced Drainage Systems Inc. | 0.24% | 2,492,319 | $270.8M | Reduce -6.6% |
| ODD Oddity Tech Ltd. Class A | 0.24% | 6,255,326 | $270.6M | Add +4.8% |
| PINS Pinterest Inc. Class A | 0.23% | 8,407,556 | $260.6M | Reduce -5.7% |
| TMO Thermo Fisher Scientific Inc. | 0.22% | 509,377 | $253.5M | Reduce -5.5% |
| BN Brookfield Corp. | 0.22% | 4,816,082 | $252.4M | Add +31.0% |
| YETI Yeti Holdings Inc. filed as YETI HLDGS INC | 0.21% | 7,232,651 | $239.4M | Reduce -6.2% |
| DOCS Doximity Inc. Class A | 0.21% | 4,123,174 | $239.3M | Reduce -16.6% |
| ILMN Illumina Inc. | 0.21% | 3,010,792 | $238.9M | Reduce -0.3% |
| HDB HDFC Bank Ltd.-ADR | 0.21% | 3,562,073 | $236.7M | Reduce -1.5% |
| AVAV Aerovironment Inc. | 0.21% | 1,980,150 | $236.0M | Reduce -7.3% |
| BROS Dutch Bros Inc. Class A | 0.20% | 3,800,684 | $234.7M | Reduce -38.1% |
| GRAB Grab Holdings Ltd. Class A | 0.20% | 50,443,998 | $228.5M | Add +7.3% |
| ON On Semiconductor | 0.19% | 5,382,186 | $219.0M | New |
| GH Guardant Health Inc. | 0.19% | 5,061,011 | $215.6M | Reduce -7.1% |
| DE Deere & Co. | 0.19% | 456,367 | $214.2M | Reduce -10.3% |
| ADSK Autodesk Inc. | 0.18% | 778,173 | $203.7M | Reduce -15.8% |
| ETN Eaton Corp. PLC | 0.18% | 746,590 | $202.9M | Reduce -6.4% |
| MBLY Mobileye Global Inc. Class A | 0.17% | 13,783,833 | $198.4M | Reduce -4.9% |
| BLDR Builders Firstsource Inc. | 0.17% | 1,560,975 | $195.0M | Reduce -6.2% |
| CHWY Chewy Inc. Class A | 0.17% | 5,980,689 | $194.4M | Reduce -63.9% |
| ECL Ecolab Inc. | 0.17% | 762,060 | $193.2M | Reduce -19.8% |
| FAST Fastenal Co. | 0.17% | 2,445,409 | $189.6M | Reduce -5.2% |
| W Wayfair Inc. Class A | 0.17% | 5,907,930 | $189.2M | Reduce -4.4% |
| YMM Full Truck Alliance -SPN ADR | 0.16% | 14,729,137 | $188.1M | Reduce -2.1% |
| SN Sharkninja Inc. | 0.16% | 2,250,868 | $187.7M | Reduce -7.4% |
| ENTG Entegris Inc. | 0.16% | 2,114,909 | $185.0M | Reduce -6.7% |
| INSP Inspire Medical Systems Inc. | 0.16% | 1,159,754 | $184.7M | Reduce -7.7% |
| PEN Penumbra Inc. | 0.16% | 688,995 | $184.2M | Reduce -5.7% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $4.3M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | 120,000 | $4.3M | No change |
Total filed on the 13F, all lines: $114.6B.
Portfolio Sells Q4 2024 → Q1 2025
| TSLA Tesla Inc. | Reduce -76.3% | 0.40% | −1.90 |
| TTD Trade Desk Inc./the Class A | Reduce -10.7% | 1.50% | −1.68 |
| NVDA Nvidia Corp. | Reduce -11.3% | 4.44% | −1.02 |
| MRNA Moderna Inc. | Reduce -35.9% | 0.62% | −0.63 |
| AMD Advanced Micro Devices | Sold out | 0.00% | −0.59 |
| WIX Wix.com Ltd. | Reduce -42.5% | 0.46% | −0.47 |
| ADI Analog Devices Inc. | Reduce -80.8% | 0.10% | −0.39 |
| ELF Elf Beauty Inc. | Reduce -0.9% | 0.44% | −0.34 |
| AMZN Amazon.com Inc. | Reduce -3.4% | 5.78% | −0.29 |
| CHWY Chewy Inc. Class A | Reduce -63.9% | 0.17% | −0.26 |
| MLM Martin Marietta Materials | Reduce -34.3% | 0.52% | −0.23 |
| SHOP Shopify Inc. Class A | Reduce -6.5% | 4.66% | −0.23 |
| ISRG Intuitive Surgical Inc. | Reduce -16.1% | 1.37% | −0.15 |
| ALB Albemarle Corp. | Reduce -81.4% | 0.03% | −0.12 |
| WDAY Workday Inc. Class A | Reduce -11.2% | 1.15% | −0.11 |
| CX Cemex Sab-Spons ADR Part Cer | Reduce -80.6% | 0.03% | −0.11 |
| RACE Ferrari NV | Reduce -16.3% | 1.71% | −0.10 |
| ILMN Illumina Inc. | Reduce -0.3% | 0.21% | −0.10 |
| MSFT Microsoft Corp. | Reduce -4.8% | 2.30% | −0.09 |
| AFRM Affirm Holdings Inc. | Reduce -4.0% | 0.36% | −0.08 |
| FIX Comfort Systems USA Inc. | Reduce -26.3% | 0.13% | −0.07 |
| BNTX Biontech SE-ADR | Reduce -0.7% | 0.65% | −0.07 |
| ESTC Elastic NV | Reduce -11.6% | 0.61% | −0.07 |
| GOOG Alphabet Inc. Class C | Reduce -6.4% | 0.42% | −0.06 |
| JOBY Joby Aviation Inc. | Reduce -2.1% | 0.28% | −0.06 |
| UPS United Parcel Service Class B | Sold out | 0.00% | −0.06 |
| DNLI Denali Therapeutics Inc. | Reduce -1.8% | 0.14% | −0.05 |
| MBLY Mobileye Global Inc. Class A | Reduce -4.9% | 0.17% | −0.05 |
| AVAV Aerovironment Inc. | Reduce -7.3% | 0.21% | −0.05 |
| W Wayfair Inc. Class A | Reduce -4.4% | 0.17% | −0.05 |
| AJG Arthur J Gallagher & Co. | Reduce -36.4% | 0.31% | −0.04 |
| BROS Dutch Bros Inc. Class A | Reduce -38.1% | 0.20% | −0.04 |
| TFII Tfi International Inc. | Reduce -3.1% | 0.07% | −0.04 |
| CBRE CBRE Group Inc. Class A | Reduce -20.7% | 0.35% | −0.04 |
| NCLH Norwegian Cruise Line Holdin | Reduce -7.8% | 0.12% | −0.04 |
| ADSK Autodesk Inc. | Reduce -15.8% | 0.18% | −0.03 |
| DXCM Dexcom Inc. | Reduce -3.0% | 0.85% | −0.03 |
| ETN Eaton Corp. PLC | Reduce -6.4% | 0.18% | −0.03 |
| SPT Sprout Social Inc. Class A | Reduce -13.5% | 0.06% | −0.02 |
| RYAAY Ryanair Holdings PLC-SP ADR | Reduce -12.4% | 0.70% | −0.02 |
| SITE Siteone Landscape Supply Inc. | Reduce -18.1% | 0.14% | −0.02 |
| NEOG Neogen Corp. | Reduce -6.0% | 0.07% | −0.02 |
| STAA Staar Surgical Co. | Sold out | 0.00% | −0.02 |
| FND Floor & Decor Holdings Inc. Class A | Reduce -6.5% | 0.12% | −0.02 |
| YETI Yeti Holdings Inc. | Reduce -6.2% | 0.21% | −0.02 |
| SN Sharkninja Inc. | Reduce -7.4% | 0.16% | −0.02 |
| INSP Inspire Medical Systems Inc. | Reduce -7.7% | 0.16% | −0.02 |
| RXRX Recursion Pharmaceuticals-A | Reduce -1.9% | 0.11% | −0.02 |
| GOOGL Alphabet Inc. Class A | Reduce -4.4% | 0.11% | −0.01 |
| XYL Xylem Inc. | Reduce -22.5% | 0.13% | −0.01 |
Portfolio Buys Q4 2024 → Q1 2025
| PDD PDD Holdings Inc. | Add +5.2% | 4.14% | +1.30 |
| NU Nu Holdings Ltd./Cayman Isl-A | Add +17.9% | 2.37% | +0.58 |
| PAYC Paycom Software Inc. | Add +1918.4% | 0.30% | +0.29 |
| SQM Quimica Y Minera Chil-SP ADR | Add +587.9% | 0.33% | +0.29 |
| CRM Salesforce Inc. | New | 0.28% | +0.28 |
| APP AppLovin Corp. Class A | Add +29.0% | 1.22% | +0.20 |
| ON On Semiconductor | New | 0.19% | +0.19 |
| ENPH Enphase Energy Inc. | Add +32.0% | 0.60% | +0.16 |
| CSGP Costar Group Inc. | Add +6.6% | 0.58% | +0.15 |
| UBER Uber Technologies Inc. | New | 0.15% | +0.15 |
| WSC Willscot Holdings Corp. | New | 0.13% | +0.13 |
| MMYT Makemytrip Ltd. | Add +40.0% | 0.44% | +0.12 |
| KSPI JSC Kaspi.kz ADR | Add +17.1% | 0.43% | +0.10 |
| TEAM Atlassian Corp. Class A | Add +7.1% | 1.61% | +0.09 |
| IOT Samsara Inc. Class A | Add +7.1% | 1.18% | +0.07 |
| RDDT Reddit Inc. Class A | New | 0.07% | +0.07 |
| TSM Taiwan Semiconductor-SP ADR | Add +28.3% | 0.36% | +0.07 |
| BZ Kanzhun Ltd. - ADR | New | 0.06% | +0.06 |
| BN Brookfield Corp. | Add +31.0% | 0.22% | +0.06 |
| DKNG Draftkings Inc. Class A | Add +26.5% | 0.24% | +0.05 |
| SNOW Snowflake Inc. | Add +8.2% | 0.37% | +0.05 |
| ODD Oddity Tech Ltd. Class A | Add +4.8% | 0.24% | +0.04 |
| CME Cme Group Inc. | Add +14.5% | 0.11% | +0.03 |
| NYT New York Times Co. Class A | Add +19.0% | 0.13% | +0.03 |
| GRAB Grab Holdings Ltd. Class A | Add +7.3% | 0.20% | +0.03 |
| PG The Procter & Gamble Co. | Add +2.8% | 0.14% | +0.02 |
| INTU Intuit Inc. | Add +32.0% | 0.07% | +0.02 |
| AMPL Amplitude Inc. Class A | New | 0.02% | +0.02 |
| FN Fabrinet | Add +16.6% | 0.11% | +0.02 |
| SBUX Starbucks Corp. | Add +7.9% | 0.07% | +0.02 |
| PRCT Procept Biorobotics Corp. | New | 0.02% | +0.02 |
| ITUB Itau Unibanco H-Spon PRF ADR | Add +10.1% | 0.05% | +0.01 |
| CFLT Confluent Inc. Class A | Add +114.9% | 0.02% | +0.01 |
| SVV Savers Value Village Inc. | Add +76.5% | 0.04% | +0.01 |
| CDNS Cadence Design SYS Inc. | New | 0.01% | +0.01 |
| SNPS Synopsys Inc. | New | 0.01% | +0.01 |
| EIC Eagle Point Income Co.-USA Inc. | New | 0.01% | +0.01 |
| OBDC Blue Owl Capital Corp. | New | 0.01% | +0.01 |
| ARCC Ares Capital Corp. | Add +27.8% | 0.01% | +0.00 |
| WEC WEC Energy Group Inc. | Add +53.9% | 0.01% | +0.00 |
| BXSL Blackstone Secured Lending F | Add +23.8% | 0.01% | +0.00 |
| FTS Fortis Inc. | Add +17.9% | 0.01% | +0.00 |
| EOG EOG Resources Inc. | Add +11.4% | 0.01% | +0.00 |
| GBDC Golub Capital BDC Inc. | Add +30.9% | 0.01% | +0.00 |
| TSLX Sixth Street Specialty Lendi | Add +21.8% | 0.01% | +0.00 |
| SEDG Solaredge Technologies Inc. | Add +17.7% | 0.00% | +0.00 |
| ZG Zillow Group Inc. Class A | Add +0.3% | 0.01% | +0.00 |
| DOC Healthpeak Properties Inc. | Add +26.3% | 0.00% | +0.00 |
| VMRK Vivmark Residential | Add +10.0% | 0.00% | +0.00 |
| DLR Digital Realty Trust Inc. | Add +15.0% | 0.00% | +0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 272 | $110.2B | SPCX, NVDA, AMZN, MELI, SE |
| Q1 2026 | 270 | $97.9B | NVDA, AMZN, MELI, SPOT, NU |
| Q4 2025 | 265 | $120.3B | NVDA, MELI, AMZN, SHOP, SE |
| Q3 2025 | 264 | $135.0B | NVDA, MELI, SE, AMZN, SPOT |
| Q2 2025 | 263 | $133.9B | MELI, NVDA, SPOT, AMZN, SE |
| Q1 2025 | 264 | $114.6B | MELI, AMZN, SPOT, SHOP, SE |
| Q4 2024 | 270 | $130.1B | AMZN, MELI, NVDA, SHOP, SPOT |
| Q3 2024 | 276 | $133.6B | MELI, NVDA, AMZN, SPOT, SHOP |
| Q2 2024 | 284 | $128.4B | NVDA, MELI, AMZN, MRNA, SPOT |
| Q1 2024 | 289 | $128.6B | NVDA, MELI, AMZN, SPOT, MRNA |