Baillie Gifford & Co.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 6, 2025), Baillie Gifford & Co. reported 263 stock positions worth $133.9 billion. Its top holding was MercadoLibre (MELI) at 6.8% of the portfolio, followed by Nvidia (NVDA, 5.8%) and Spotify Technology (SPOT, 5.5%). Compared with Q1 2025, it opened 19 new positions, sold out of 20, added to 55 and reduced 175. The biggest buy was Nvidia (NVDA, shares +5%) and the biggest sale PDD (PDD, shares −14%).
- Most Recent 13F
- Q2 2026
- Location
- EDINBURGH, X0
- CIK
- 0001088875
- Portfolio Value
- $133.9B (Q2 2025)
- SEC Filing
- 0001088875-25-000057 ↗ filed Aug 6, 2025
Holdings Value
Holdings 263 stocks · $133.9B
| MELI MercadoLibre Inc. | 6.84% | 3,505,672 | $9.2B | Reduce -7.4% |
| NVDA Nvidia Corp. | 5.79% | 49,063,121 | $7.8B | Add +4.6% |
| SPOT Spotify Technology SA | 5.52% | 9,628,910 | $7.4B | Reduce -11.2% |
| AMZN Amazon.com Inc. | 5.46% | 33,294,360 | $7.3B | Reduce -4.4% |
| SE Sea Ltd.-ADR | 4.97% | 41,623,294 | $6.7B | Add +5.3% |
| NFLX Netflix Inc. | 3.90% | 3,903,505 | $5.2B | Reduce -3.3% |
| NET Cloudflare Inc. Class A | 3.73% | 25,525,131 | $5.0B | Reduce -6.9% |
| CPNG Coupang Inc. | 3.60% | 160,899,909 | $4.8B | Add +3.6% |
| SHOP Shopify Inc. Class A | 3.25% | 37,748,072 | $4.4B | Reduce -32.5% |
| META Meta Platforms Inc. Class A | 3.01% | 5,453,213 | $4.0B | Reduce -7.2% |
| PDD PDD Holdings Inc. | 2.69% | 34,372,712 | $3.6B | Reduce -14.2% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 2.67% | 260,981,788 | $3.6B | Reduce -1.6% |
| MSFT Microsoft Corp. | 2.24% | 6,029,276 | $3.0B | Reduce -14.1% |
| RBLX Roblox Corp. Class A | 2.07% | 26,378,405 | $2.8B | Reduce -4.0% |
| APP AppLovin Corp. Class A | 1.67% | 6,400,229 | $2.2B | Add +21.4% |
| DASH DoorDash Inc. Class A | 1.66% | 8,988,826 | $2.2B | Reduce -24.8% |
| TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC | 1.65% | 30,702,638 | $2.2B | Reduce -2.3% |
| RACE Ferrari NV | 1.55% | 4,256,100 | $2.1B | Reduce -8.0% |
| IOT Samsara Inc. Class A | 1.30% | 43,893,738 | $1.7B | Add +24.4% |
| TEAM Atlassian Corp. Class A | 1.29% | 8,527,513 | $1.7B | Reduce -1.9% |
| ISRG Intuitive Surgical Inc. | 1.26% | 3,114,665 | $1.7B | Reduce -1.9% |
| DDOG Datadog Inc. Class A | 1.20% | 11,957,462 | $1.6B | Reduce -2.6% |
| DXCM Dexcom Inc. | 1.09% | 16,705,195 | $1.5B | Add +17.8% |
| ALNY Alnylam Pharmaceuticals Inc. | 0.74% | 3,031,891 | $988.7M | Reduce -17.1% |
| RDDT Reddit Inc. Class A | 0.73% | 6,482,328 | $976.0M | Add +764.3% |
| ELF Elf Beauty Inc. | 0.72% | 7,770,771 | $967.0M | Reduce -2.1% |
| RYAAY Ryanair Holdings PLC-SP ADR | 0.68% | 15,820,053 | $912.3M | Reduce -16.9% |
| DUOL Duolingo | 0.67% | 2,198,891 | $901.6M | Reduce -11.3% |
| MA Mastercard Inc. Class A | 0.67% | 1,591,049 | $894.1M | Reduce -2.5% |
| ELV Elevance Health Inc. | 0.65% | 2,237,022 | $870.1M | Reduce -2.9% |
| BNTX Biontech SE-ADR | 0.64% | 8,038,872 | $855.9M | Reduce -1.5% |
| XYZ Block Inc. | 0.61% | 12,012,644 | $816.0M | Reduce -4.3% |
| SCI Service Corp. International | 0.61% | 10,000,054 | $814.0M | Reduce -2.3% |
| TEM Tempus AI Inc. Class A | 0.57% | 12,094,029 | $768.5M | New |
| CSGP Costar Group Inc. | 0.51% | 8,540,369 | $686.6M | Add +1.2% |
| MLM Martin Marietta Materials | 0.50% | 1,230,943 | $675.7M | Reduce -1.9% |
| PODD Insulet Corp. | 0.50% | 2,135,068 | $670.8M | Reduce -5.1% |
| RIVN Rivian Automotive Inc. Class A | 0.49% | 47,584,480 | $653.8M | Reduce -2.0% |
| RPRX Royalty Pharma PLC Class A | 0.48% | 18,020,455 | $649.3M | Add +34.5% |
| SNOW Snowflake Inc. | 0.48% | 2,848,124 | $637.3M | Reduce -2.8% |
| MRNA Moderna Inc. | 0.46% | 22,094,124 | $609.6M | Reduce -11.4% |
| MMYT Makemytrip Ltd. | 0.42% | 5,716,130 | $560.3M | Add +10.9% |
| JOBY Joby Aviation Inc. | 0.42% | 52,824,729 | $557.3M | Reduce -1.9% |
| AVAV Aerovironment Inc. | 0.41% | 1,938,698 | $552.4M | Reduce -2.1% |
| AZO AutoZone Inc. | 0.41% | 148,109 | $549.8M | Reduce -2.3% |
| TSLA Tesla Inc. | 0.40% | 1,700,116 | $540.1M | Reduce -3.5% |
| GOOG Alphabet Inc. Class C | 0.39% | 2,969,828 | $526.8M | Reduce -4.4% |
| SYM Symbotic Inc. | 0.39% | 13,440,113 | $522.1M | Reduce -1.9% |
| AFRM Affirm Holdings Inc. | 0.39% | 7,532,410 | $520.8M | Reduce -16.3% |
| TSM Taiwan Semiconductor-SP ADR | 0.38% | 2,265,239 | $513.1M | Reduce -9.2% |
| PBR Petroleo Brasileiro-Spon ADR | 0.38% | 40,397,064 | $505.4M | Reduce -21.9% |
| TXN Texas Instruments Inc. | 0.36% | 2,335,618 | $484.9M | Reduce -2.4% |
| WIX Wix.com Ltd. | 0.35% | 2,983,935 | $472.8M | Reduce -7.5% |
| ODD Oddity Tech Ltd. Class A | 0.34% | 6,117,671 | $461.7M | Reduce -2.2% |
| FMX Fomento Economico Mex-SP ADR | 0.33% | 4,257,335 | $438.4M | Reduce -0.3% |
| WSO Watsco Inc. | 0.32% | 976,344 | $431.2M | Reduce -4.2% |
| KSPI JSC Kaspi.kz ADR filed as KASPI KZ JSC | 0.32% | 5,031,214 | $427.1M | Reduce -4.3% |
| CBRE CBRE Group Inc. Class A | 0.31% | 2,997,219 | $420.0M | Reduce -2.5% |
| SPGI S&P Global Inc. | 0.30% | 773,670 | $407.9M | Reduce -2.8% |
| MKL Markel Group Inc. | 0.30% | 201,623 | $402.7M | Reduce -4.2% |
| AUR Aurora Innovation Inc. | 0.30% | 76,600,315 | $401.4M | Reduce -2.6% |
| UBER Uber Technologies Inc. | 0.30% | 4,278,756 | $399.2M | Add +86.1% |
| WDAY Workday Inc. Class A | 0.29% | 1,606,807 | $385.6M | Reduce -71.4% |
| DG Dollar General Corp. | 0.29% | 3,355,848 | $383.8M | New |
| MCO Moody's Corp. | 0.28% | 736,778 | $369.6M | Reduce -2.9% |
| BAP Credicorp Ltd. | 0.27% | 1,636,721 | $365.8M | Add +1.2% |
| PAYC Paycom Software Inc. | 0.27% | 1,549,695 | $358.6M | Reduce -2.2% |
| ENPH Enphase Energy Inc. | 0.27% | 8,977,315 | $356.0M | Reduce -18.8% |
| DKNG Draftkings Inc. Class A | 0.25% | 7,931,263 | $340.2M | Reduce -5.5% |
| TME Tencent Music Entertainm-ADR | 0.24% | 16,813,324 | $327.7M | Reduce -16.7% |
| SQM Quimica Y Minera Chil-SP ADR filed as SOCIEDAD QUIMICA Y MINERA DE | 0.24% | 9,230,909 | $325.6M | Reduce -1.5% |
| CPA Copa Holdings SA Class A | 0.24% | 2,903,095 | $319.3M | Reduce -2.9% |
| CRM Salesforce Inc. | 0.24% | 1,163,119 | $317.2M | Reduce -2.9% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 0.22% | 940,528 | $301.1M | Reduce -9.3% |
| FTAI Ftai Aviation Ltd. | 0.22% | 2,569,289 | $295.6M | New |
| BN Brookfield Corp. | 0.22% | 4,764,393 | $294.7M | Reduce -1.1% |
| W Wayfair Inc. Class A | 0.22% | 5,664,163 | $289.7M | Reduce -4.1% |
| PINS Pinterest Inc. Class A | 0.21% | 8,009,740 | $287.2M | Reduce -4.7% |
| WMS Advanced Drainage Systems Inc. | 0.21% | 2,472,510 | $284.0M | Reduce -0.8% |
| DE Deere & Co. | 0.21% | 553,898 | $281.7M | Add +21.4% |
| ON On Semiconductor | 0.21% | 5,335,777 | $279.6M | Reduce -0.9% |
| HDB HDFC Bank Ltd.-ADR | 0.20% | 3,453,709 | $264.8M | Reduce -3.0% |
| ETN Eaton Corp. PLC | 0.19% | 725,199 | $258.9M | Reduce -2.9% |
| GH Guardant Health Inc. | 0.19% | 4,809,786 | $250.3M | Reduce -5.0% |
| BROS Dutch Bros Inc. Class A | 0.18% | 3,621,656 | $247.6M | Reduce -4.7% |
| MBLY Mobileye Global Inc. Class A | 0.18% | 13,537,373 | $243.4M | Reduce -1.8% |
| CHWY Chewy Inc. Class A | 0.18% | 5,696,990 | $242.8M | Reduce -4.7% |
| GRAB Grab Holdings Ltd. Class A | 0.18% | 48,131,916 | $242.1M | Reduce -4.6% |
| DOCS Doximity Inc. Class A | 0.18% | 3,934,031 | $241.3M | Reduce -4.6% |
| PEN Penumbra Inc. | 0.18% | 922,127 | $236.6M | Add +33.8% |
| FIX Comfort Systems USA Inc. | 0.17% | 432,542 | $231.9M | Reduce -3.0% |
| ADSK Autodesk Inc. | 0.17% | 741,833 | $229.6M | Reduce -4.7% |
| ENSG The Ensign Group Inc. | 0.17% | 1,436,574 | $221.6M | Add +51.9% |
| UNH Unitedhealth Group Inc. | 0.16% | 691,852 | $215.8M | Reduce -2.3% |
| SN Sharkninja Inc. | 0.16% | 2,153,588 | $213.2M | Reduce -4.3% |
| MSCI MSCI Inc. | 0.16% | 360,514 | $207.9M | New |
| TMO Thermo Fisher Scientific Inc. | 0.15% | 504,676 | $204.6M | Reduce -0.9% |
| ECL Ecolab Inc. | 0.15% | 728,342 | $196.2M | Reduce -4.4% |
| SG Sweetgreen Inc. Class A | 0.14% | 12,997,690 | $193.4M | Add +11.0% |
| EPAM Epam Systems Inc. | 0.14% | 1,072,313 | $189.6M | New |
Other holdings (1): bonds, preferreds, convertibles and warrants · $3.9M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | 120,000 | $3.9M | No change |
Total filed on the 13F, all lines: $133.9B.
Portfolio Sells Q1 2025 → Q2 2025
| PDD PDD Holdings Inc. | Reduce -14.2% | 2.69% | −1.45 |
| SHOP Shopify Inc. Class A | Reduce -32.5% | 3.25% | −1.40 |
| ONC Beone Medicines Ltd.-ADR | Sold out | 0.00% | −0.86 |
| WDAY Workday Inc. Class A | Reduce -71.4% | 0.29% | −0.86 |
| ESTC Elastic NV | Sold out | 0.00% | −0.61 |
| ENPH Enphase Energy Inc. | Reduce -18.8% | 0.27% | −0.33 |
| AMZN Amazon.com Inc. | Reduce -4.4% | 5.46% | −0.33 |
| TEAM Atlassian Corp. Class A | Reduce -1.9% | 1.29% | −0.32 |
| PBR Petroleo Brasileiro-Spon ADR | Reduce -21.9% | 0.38% | −0.27 |
| DASH DoorDash Inc. Class A | Reduce -24.8% | 1.66% | −0.25 |
| ELV Elevance Health Inc. | Reduce -2.9% | 0.65% | −0.22 |
| UNH Unitedhealth Group Inc. | Reduce -2.3% | 0.16% | −0.16 |
| MRNA Moderna Inc. | Reduce -11.4% | 0.46% | −0.16 |
| AUR Aurora Innovation Inc. | Reduce -2.6% | 0.30% | −0.16 |
| RACE Ferrari NV | Reduce -8.0% | 1.55% | −0.16 |
| ROKU Roku Inc. | Sold out | 0.00% | −0.15 |
| YETI Yeti Holdings Inc. | Reduce -62.8% | 0.06% | −0.15 |
| SITE Siteone Landscape Supply Inc. | Sold out | 0.00% | −0.14 |
| XYL Xylem Inc. | Reduce -99.9% | 0.00% | −0.13 |
| WSO Watsco Inc. | Reduce -4.2% | 0.32% | −0.13 |
| ALNY Alnylam Pharmaceuticals Inc. | Reduce -17.1% | 0.74% | −0.12 |
| NCLH Norwegian Cruise Line Holdin | Sold out | 0.00% | −0.12 |
| MA Mastercard Inc. Class A | Reduce -2.5% | 0.67% | −0.11 |
| SCI Service Corp. International | Reduce -2.3% | 0.61% | −0.11 |
| ISRG Intuitive Surgical Inc. | Reduce -1.9% | 1.26% | −0.11 |
| KSPI JSC Kaspi.kz ADR | Reduce -4.3% | 0.32% | −0.11 |
| WIX Wix.com Ltd. | Reduce -7.5% | 0.35% | −0.11 |
| AZO AutoZone Inc. | Reduce -2.3% | 0.41% | −0.09 |
| AJG Arthur J Gallagher & Co. | Reduce -9.3% | 0.22% | −0.09 |
| ILMN Illumina Inc. | Reduce -42.2% | 0.12% | −0.08 |
| SQM Quimica Y Minera Chil-SP ADR | Reduce -1.5% | 0.24% | −0.08 |
| FAST Fastenal Co. | Reduce -43.3% | 0.09% | −0.08 |
| NEOG Neogen Corp. | Sold out | 0.00% | −0.07 |
| TMO Thermo Fisher Scientific Inc. | Reduce -0.9% | 0.15% | −0.07 |
| MSFT Microsoft Corp. | Reduce -14.1% | 2.24% | −0.06 |
| INSP Inspire Medical Systems Inc. | Reduce -4.0% | 0.11% | −0.05 |
| SPT Sprout Social Inc. Class A | Reduce -82.6% | 0.01% | −0.05 |
| SPGI S&P Global Inc. | Reduce -2.8% | 0.30% | −0.05 |
| CRM Salesforce Inc. | Reduce -2.9% | 0.24% | −0.04 |
| MKL Markel Group Inc. | Reduce -4.2% | 0.30% | −0.04 |
| AAPL Apple Inc. | Reduce -8.1% | 0.11% | −0.04 |
| RELY Remitly Global Inc. | Reduce -4.9% | 0.11% | −0.04 |
| RIVN Rivian Automotive Inc. Class A | Reduce -2.0% | 0.49% | −0.04 |
| ENTG Entegris Inc. | Reduce -2.7% | 0.12% | −0.04 |
| BLDR Builders Firstsource Inc. | Reduce -2.4% | 0.13% | −0.04 |
| CBRE CBRE Group Inc. Class A | Reduce -2.5% | 0.31% | −0.04 |
| YMM Full Truck Alliance -SPN ADR | Reduce -1.6% | 0.13% | −0.04 |
| FMX Fomento Economico Mex-SP ADR | Reduce -0.3% | 0.33% | −0.04 |
| PAYC Paycom Software Inc. | Reduce -2.2% | 0.27% | −0.03 |
| MCO Moody's Corp. | Reduce -2.9% | 0.28% | −0.03 |
Portfolio Buys Q1 2025 → Q2 2025
| NVDA Nvidia Corp. | Add +4.6% | 5.79% | +1.35 |
| RDDT Reddit Inc. Class A | Add +764.3% | 0.73% | +0.66 |
| CPNG Coupang Inc. | Add +3.6% | 3.60% | +0.63 |
| TEM Tempus AI Inc. Class A | New | 0.57% | +0.57 |
| SE Sea Ltd.-ADR | Add +5.3% | 4.97% | +0.47 |
| APP AppLovin Corp. Class A | Add +21.4% | 1.67% | +0.45 |
| DG Dollar General Corp. | New | 0.29% | +0.29 |
| DXCM Dexcom Inc. | Add +17.8% | 1.09% | +0.24 |
| FTAI Ftai Aviation Ltd. | New | 0.22% | +0.22 |
| MSCI MSCI Inc. | New | 0.16% | +0.16 |
| UBER Uber Technologies Inc. | Add +86.1% | 0.30% | +0.15 |
| EPAM Epam Systems Inc. | New | 0.14% | +0.14 |
| IOT Samsara Inc. Class A | Add +24.4% | 1.30% | +0.12 |
| MEDP Medpace Holdings Inc. | Add +12040.7% | 0.12% | +0.12 |
| RPRX Royalty Pharma PLC Class A | Add +34.5% | 0.48% | +0.12 |
| RKLB Rocket Lab Corp. | New | 0.12% | +0.12 |
| PONY Pony AI Inc. | New | 0.07% | +0.07 |
| ENSG The Ensign Group Inc. | Add +51.9% | 0.17% | +0.06 |
| ACN Accenture PLC Class A | New | 0.05% | +0.05 |
| JKHY Jack Henry & Associates Inc. | New | 0.05% | +0.05 |
| SVV Savers Value Village Inc. | Add +47.0% | 0.07% | +0.03 |
| CRCL Circle Internet Group Inc. | New | 0.03% | +0.03 |
| DE Deere & Co. | Add +21.4% | 0.21% | +0.02 |
| PRCT Procept Biorobotics Corp. | Add +179.2% | 0.04% | +0.02 |
| CHYM Chime Financial Inc. Class A | New | 0.02% | +0.02 |
| XMTR Xometry Inc. Class A | Add +78.0% | 0.03% | +0.02 |
| PEN Penumbra Inc. | Add +33.8% | 0.18% | +0.02 |
| ALAB Astera Labs Inc. | New | 0.02% | +0.02 |
| TTEK Tetra Tech Inc. | Add +63453.5% | 0.02% | +0.02 |
| KRNT Kornit Digital Ltd. | New | 0.01% | +0.01 |
| VRTX Vertex Pharmaceuticals Inc. | Add +58.0% | 0.07% | +0.01 |
| INTU Intuit Inc. | Add +7.5% | 0.08% | +0.01 |
| TMDX Transmedics Group Inc. | Add +1.3% | 0.03% | +0.01 |
| BAP Credicorp Ltd. | Add +1.2% | 0.27% | +0.01 |
| PAYX Paychex Inc. | Add +77.2% | 0.03% | +0.01 |
| BCH Banco DE Chile-ADR | Add +15.8% | 0.08% | +0.01 |
| MP MP Materials Corp. | Add +1.0% | 0.03% | +0.01 |
| NYT New York Times Co. Class A | Add +6.8% | 0.13% | +0.00 |
| DLO Dlocal Ltd. | Add +3.7% | 0.02% | +0.00 |
| TNDM Tandem Diabetes Care Inc. | Add +53.7% | 0.02% | +0.00 |
| ABNB Airbnb Inc. Class A | New | 0.00% | +0.00 |
| CABLE ONE INC (CABO 1.125 03/15/28) | New | 0.00% | +0.00 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +0.0% | 0.01% | +0.00 |
| TROW T Rowe Price Group Inc. | Add +17.5% | 0.04% | +0.00 |
| TBBB BBB Foods Inc. Class A | New | 0.00% | +0.00 |
| AER Aercap Holdings NV | New | 0.00% | +0.00 |
| IPGP Ipg Photonics Corp. | Add +11.1% | 0.02% | +0.00 |
| PM Philip Morris International | Add +33.5% | 0.00% | +0.00 |
| BSLK Bolt Projects Holdings Inc. | New | 0.00% | +0.00 |
| NEE Nextera Energy Inc. | Add +49.7% | 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 |