Baillie Gifford & Co.
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 23, 2026), Baillie Gifford & Co. reported 265 stock positions worth $120.3 billion. Its top holding was Nvidia (NVDA) at 6.8% of the portfolio, followed by MercadoLibre (MELI, 5.8%) and Amazon.com (AMZN, 5.6%). Compared with Q3 2025, it opened 20 new positions, sold out of 20, added to 70 and reduced 159. The biggest buy was Axon Enterprise (AXON, shares +1199%) and the biggest sale Sea Ltd.-ADR (SE, shares −3%).
- Most Recent 13F
- Q2 2026
- Location
- EDINBURGH, X0
- CIK
- 0001088875
- Portfolio Value
- $120.3B (Q4 2025)
- SEC Filing
- 0001088875-26-000002 ↗ filed Jan 23, 2026
Holdings Value
Holdings 265 stocks · $120.3B
| NVDA Nvidia Corp. | 6.80% | 43,867,705 | $8.2B | Reduce -5.8% |
| MELI MercadoLibre Inc. | 5.83% | 3,481,563 | $7.0B | Add +5.0% |
| AMZN Amazon.com Inc. | 5.64% | 29,387,070 | $6.8B | Reduce -7.2% |
| SHOP Shopify Inc. Class A | 4.17% | 31,206,232 | $5.0B | Reduce -12.0% |
| SE Sea Ltd.-ADR | 4.11% | 38,758,791 | $4.9B | Reduce -3.3% |
| SPOT Spotify Technology SA | 4.02% | 8,331,104 | $4.8B | Reduce -4.2% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 3.58% | 257,256,952 | $4.3B | Add +2.3% |
| APP AppLovin Corp. Class A | 3.45% | 6,166,349 | $4.2B | Reduce -1.3% |
| PDD PDD Holdings Inc. | 2.92% | 31,032,323 | $3.5B | Reduce -2.4% |
| NFLX Netflix Inc. | 2.88% | 36,940,035 | $3.5B | Add +1.2% |
| CPNG Coupang Inc. | 2.86% | 146,122,094 | $3.4B | Reduce -2.8% |
| NET Cloudflare Inc. Class A | 2.76% | 16,823,947 | $3.3B | Reduce -23.0% |
| META Meta Platforms Inc. Class A | 2.41% | 4,399,233 | $2.9B | Reduce -16.8% |
| MSFT Microsoft Corp. | 2.23% | 5,544,839 | $2.7B | Reduce -5.4% |
| DASH DoorDash Inc. Class A | 1.50% | 7,970,062 | $1.8B | Reduce -3.6% |
| RBLX Roblox Corp. Class A | 1.45% | 21,543,528 | $1.7B | Reduce -7.5% |
| IOT Samsara Inc. Class A | 1.40% | 47,660,513 | $1.7B | Add +15.0% |
| RACE Ferrari NV | 1.21% | 3,890,014 | $1.5B | Reduce -1.3% |
| ISRG Intuitive Surgical Inc. | 1.20% | 2,551,357 | $1.4B | Reduce -2.0% |
| RDDT Reddit Inc. Class A | 1.14% | 5,980,918 | $1.4B | Reduce -2.1% |
| TEAM Atlassian Corp. Class A | 1.14% | 8,431,802 | $1.4B | Add +3.9% |
| RKLB Rocket Lab Corp. | 1.03% | 17,851,446 | $1.2B | Add +47.2% |
| GOOG Alphabet Inc. Class C | 0.98% | 3,750,936 | $1.2B | Add +29.0% |
| ALNY Alnylam Pharmaceuticals Inc. | 0.86% | 2,600,979 | $1.0B | Reduce -6.8% |
| DXCM Dexcom Inc. | 0.86% | 15,552,587 | $1.0B | Reduce -2.1% |
| AXON Axon Enterprise Inc. | 0.78% | 1,642,578 | $932.9M | Add +1198.7% |
| CSGP Costar Group Inc. | 0.72% | 12,933,185 | $869.6M | Add +56.9% |
| RIVN Rivian Automotive Inc. Class A | 0.72% | 43,781,355 | $862.9M | Reduce -2.6% |
| DUOL Duolingo | 0.71% | 4,861,445 | $853.2M | Add +71.9% |
| TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC | 0.70% | 22,305,995 | $846.7M | Reduce -23.4% |
| MA Mastercard Inc. Class A | 0.69% | 1,464,206 | $835.9M | Reduce -6.1% |
| RYAAY Ryanair Holdings PLC-SP ADR | 0.68% | 11,343,819 | $818.9M | Reduce -15.9% |
| ENSG The Ensign Group Inc. | 0.66% | 4,569,254 | $796.0M | Add +62.1% |
| SYM Symbotic Inc. | 0.62% | 12,441,000 | $740.2M | Reduce -1.9% |
| MLM Martin Marietta Materials | 0.60% | 1,159,375 | $721.9M | Reduce -3.0% |
| SCI Service Corp. International | 0.59% | 9,161,409 | $714.3M | Reduce -5.5% |
| ELV Elevance Health Inc. | 0.58% | 1,977,899 | $693.4M | Reduce -8.7% |
| RPRX Royalty Pharma PLC Class A | 0.55% | 17,008,768 | $657.2M | Reduce -2.1% |
| JOBY Joby Aviation Inc. | 0.54% | 49,570,755 | $654.3M | Reduce -1.7% |
| XYZ Block Inc. | 0.53% | 9,875,845 | $642.8M | Reduce -15.3% |
| MRNA Moderna Inc. | 0.50% | 20,580,514 | $606.9M | Reduce -5.8% |
| TSLA Tesla Inc. | 0.50% | 1,342,801 | $603.9M | Reduce -19.0% |
| SNOW Snowflake Inc. | 0.50% | 2,735,752 | $600.1M | Reduce -2.1% |
| GOOGL Alphabet Inc. Class A | 0.50% | 1,907,296 | $597.0M | Add +166.7% |
| PODD Insulet Corp. | 0.48% | 2,048,369 | $582.2M | Reduce -2.1% |
| ELF Elf Beauty Inc. | 0.45% | 7,177,659 | $545.8M | Reduce -2.3% |
| DDOG Datadog Inc. Class A | 0.45% | 3,961,509 | $538.7M | Reduce -65.3% |
| TEM Tempus AI Inc. Class A | 0.43% | 8,741,442 | $516.2M | Reduce -9.8% |
| GH Guardant Health Inc. | 0.42% | 4,890,026 | $499.5M | Reduce -4.6% |
| MSCI MSCI Inc. | 0.40% | 846,844 | $485.9M | Add +22.5% |
| FTAI Ftai Aviation Ltd. | 0.37% | 2,286,363 | $450.1M | Reduce -5.8% |
| TMO Thermo Fisher Scientific Inc. | 0.37% | 770,868 | $446.7M | Add +56.9% |
| DG Dollar General Corp. | 0.37% | 3,316,155 | $440.3M | Add +2.1% |
| MDLN Medline Inc. Class A | 0.36% | 10,410,371 | $437.2M | New |
| CBRE CBRE Group Inc. Class A | 0.36% | 2,687,007 | $432.0M | Reduce -5.1% |
| SQM Quimica Y Minera Chil-SP ADR filed as SOCIEDAD QUIMICA Y MINERA DE | 0.36% | 6,233,717 | $428.9M | Reduce -29.7% |
| MMYT Makemytrip Ltd. | 0.35% | 5,155,036 | $423.3M | Add +2.3% |
| BAP Credicorp Ltd. | 0.34% | 1,432,893 | $411.2M | Reduce -9.5% |
| AFRM Affirm Holdings Inc. | 0.34% | 5,482,943 | $408.1M | Reduce -7.0% |
| TSM Taiwan Semiconductor-SP ADR | 0.34% | 1,336,491 | $406.1M | Reduce -14.6% |
| MKL Markel Group Inc. | 0.34% | 188,437 | $405.1M | Reduce -4.3% |
| W Wayfair Inc. Class A | 0.33% | 4,002,104 | $401.9M | Reduce -3.5% |
| SPGI S&P Global Inc. | 0.31% | 724,613 | $378.7M | Reduce -4.7% |
| TXN Texas Instruments Inc. | 0.31% | 2,177,897 | $377.8M | Reduce -4.6% |
| KSPI JSC Kaspi.kz ADR filed as KASPI KZ JSC | 0.30% | 4,673,083 | $365.1M | Reduce -2.4% |
| FMX Fomento Economico Mex-SP ADR | 0.29% | 3,496,366 | $353.4M | Reduce -6.8% |
| MCO Moody's Corp. | 0.29% | 687,046 | $351.0M | Reduce -7.0% |
| PBR Petroleo Brasileiro-Spon ADR | 0.29% | 29,523,522 | $349.9M | Reduce -8.0% |
| CPA Copa Holdings SA Class A | 0.28% | 2,747,078 | $331.3M | Reduce -0.7% |
| WMS Advanced Drainage Systems Inc. | 0.27% | 2,244,014 | $325.0M | Reduce -6.3% |
| UBER Uber Technologies Inc. | 0.27% | 3,961,818 | $323.7M | Reduce -5.2% |
| BN Brookfield Corp. | 0.27% | 7,013,657 | $321.9M | Reduce -3.0% |
| WDAY Workday Inc. Class A | 0.26% | 1,464,991 | $314.7M | Reduce -4.2% |
| WSO Watsco Inc. | 0.26% | 917,492 | $309.1M | Reduce -2.8% |
| MEDP Medpace Holdings Inc. | 0.26% | 547,078 | $307.3M | Reduce -6.5% |
| WIX Wix.com Ltd. | 0.25% | 2,854,611 | $296.6M | Reduce -1.3% |
| AZO AutoZone Inc. | 0.24% | 86,142 | $292.2M | Reduce -40.1% |
| AUR Aurora Innovation Inc. | 0.24% | 74,584,590 | $286.4M | Reduce -1.3% |
| ODD Oddity Tech Ltd. Class A | 0.24% | 7,122,641 | $286.2M | Add +17.8% |
| AVAV Aerovironment Inc. | 0.24% | 1,179,811 | $285.4M | Reduce -33.9% |
| QXO Qxo Inc. | 0.24% | 14,735,164 | $284.2M | Add +16117.6% |
| CRM Salesforce Inc. | 0.23% | 1,062,815 | $281.6M | Reduce -5.1% |
| PEN Penumbra Inc. | 0.23% | 876,325 | $272.5M | Reduce -3.5% |
| PAYC Paycom Software Inc. | 0.22% | 1,638,894 | $261.2M | Reduce -4.1% |
| DKNG Draftkings Inc. Class A | 0.21% | 7,454,948 | $256.9M | Reduce -3.0% |
| FIX Comfort Systems USA Inc. | 0.21% | 274,742 | $256.4M | Reduce -33.4% |
| ON On Semiconductor | 0.21% | 4,725,516 | $255.9M | Reduce -6.7% |
| EPAM Epam Systems Inc. | 0.20% | 1,193,056 | $244.4M | Reduce -7.8% |
| DE Deere & Co. | 0.20% | 524,786 | $244.3M | Reduce -3.3% |
| GRAB Grab Holdings Ltd. Class A | 0.19% | 46,212,934 | $230.6M | Reduce -3.0% |
| TME Tencent Music Entertainm-ADR | 0.19% | 13,042,381 | $228.6M | Add +0.3% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 0.19% | 865,260 | $223.9M | Reduce -4.8% |
| SN Sharkninja Inc. | 0.18% | 1,988,633 | $222.5M | Reduce -2.6% |
| FIG Figma Inc. Class A | 0.18% | 5,763,613 | $215.4M | Add +93.8% |
| ETN Eaton Corp. PLC | 0.18% | 673,840 | $214.6M | Reduce -3.5% |
| ILMN Illumina Inc. | 0.18% | 1,626,776 | $213.4M | Reduce -3.5% |
| FN Fabrinet | 0.18% | 464,564 | $211.5M | Reduce -16.0% |
| NYT New York Times Co. Class A | 0.17% | 3,025,119 | $210.0M | Reduce -3.8% |
| HDB HDFC Bank Ltd.-ADR | 0.17% | 5,746,819 | $210.0M | Reduce -15.6% |
| ADSK Autodesk Inc. | 0.17% | 706,289 | $209.1M | Reduce -2.8% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $7.1M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | 120,000 | $7.1M | No change |
Total filed on the 13F, all lines: $120.3B.
Portfolio Sells Q3 2025 → Q4 2025
| SE Sea Ltd.-ADR | Reduce -3.3% | 4.11% | −1.20 |
| RBLX Roblox Corp. Class A | Reduce -7.5% | 1.45% | −0.94 |
| DDOG Datadog Inc. Class A | Reduce -65.3% | 0.45% | −0.76 |
| CPNG Coupang Inc. | Reduce -2.8% | 2.86% | −0.72 |
| NET Cloudflare Inc. Class A | Reduce -23.0% | 2.76% | −0.72 |
| BNTX Biontech SE-ADR | Reduce -84.2% | 0.10% | −0.48 |
| SPOT Spotify Technology SA | Reduce -4.2% | 4.02% | −0.48 |
| META Meta Platforms Inc. Class A | Reduce -16.8% | 2.41% | −0.46 |
| TTD Trade Desk Inc./the Class A | Reduce -23.4% | 0.70% | −0.35 |
| ELF Elf Beauty Inc. | Reduce -2.3% | 0.45% | −0.27 |
| AZO AutoZone Inc. | Reduce -40.1% | 0.24% | −0.21 |
| RACE Ferrari NV | Reduce -1.3% | 1.21% | −0.20 |
| PDD PDD Holdings Inc. | Reduce -2.4% | 2.92% | −0.19 |
| PINS Pinterest Inc. Class A | Sold out | 0.00% | −0.19 |
| AVAV Aerovironment Inc. | Reduce -33.9% | 0.24% | −0.18 |
| DASH DoorDash Inc. Class A | Reduce -3.6% | 1.50% | −0.17 |
| CHWY Chewy Inc. Class A | Sold out | 0.00% | −0.17 |
| TEM Tempus AI Inc. Class A | Reduce -9.8% | 0.43% | −0.15 |
| WIX Wix.com Ltd. | Reduce -1.3% | 0.25% | −0.13 |
| BLDR Builders Firstsource Inc. | Sold out | 0.00% | −0.13 |
| XYZ Block Inc. | Reduce -15.3% | 0.53% | −0.09 |
| ALNY Alnylam Pharmaceuticals Inc. | Reduce -6.8% | 0.86% | −0.08 |
| DOCS Doximity Inc. Class A | Reduce -3.6% | 0.14% | −0.07 |
| AUR Aurora Innovation Inc. | Reduce -1.3% | 0.24% | −0.06 |
| INSP Inspire Medical Systems Inc. | Sold out | 0.00% | −0.06 |
| JOBY Joby Aviation Inc. | Reduce -1.7% | 0.54% | −0.06 |
| MBLY Mobileye Global Inc. Class A | Reduce -31.8% | 0.06% | −0.05 |
| PAYC Paycom Software Inc. | Reduce -4.1% | 0.22% | −0.05 |
| TSLA Tesla Inc. | Reduce -19.0% | 0.50% | −0.04 |
| FIX Comfort Systems USA Inc. | Reduce -33.4% | 0.21% | −0.04 |
| ABCL Abcellera Biologics Inc. | Sold out | 0.00% | −0.04 |
| UBER Uber Technologies Inc. | Reduce -5.2% | 0.27% | −0.03 |
| PONY Pony AI Inc. | Reduce -2.5% | 0.08% | −0.03 |
| EXAS Exact Sciences Corp. | Sold out | 0.00% | −0.03 |
| CGNX Cognex Corp. | Reduce -82.8% | 0.01% | −0.03 |
| CYBR Cyberark Software Ltd./Israel | Sold out | 0.00% | −0.03 |
| WSO Watsco Inc. | Reduce -2.8% | 0.26% | −0.03 |
| FAST Fastenal Co. | Reduce -21.5% | 0.06% | −0.02 |
| AJG Arthur J Gallagher & Co. | Reduce -4.8% | 0.19% | −0.02 |
| SVV Savers Value Village Inc. | Reduce -4.4% | 0.07% | −0.02 |
| GRAB Grab Holdings Ltd. Class A | Reduce -3.0% | 0.19% | −0.02 |
| MSFT Microsoft Corp. | Reduce -5.4% | 2.23% | −0.02 |
| DNA Ginkgo Bioworks Holdings Inc. | Reduce -26.1% | 0.02% | −0.02 |
| MP MP Materials Corp. | Reduce -24.9% | 0.03% | −0.02 |
| VECO Veeco Instruments Inc. | Sold out | 0.00% | −0.02 |
| MKTX Marketaxess Holdings Inc. | Reduce -76.2% | 0.01% | −0.02 |
| ETN Eaton Corp. PLC | Reduce -3.5% | 0.18% | −0.02 |
| CFLT Confluent Inc. Class A | Sold out | 0.00% | −0.01 |
| AEHR Aehr Test Systems | Reduce -15.7% | 0.02% | −0.01 |
| ARM Arm Holdings PLC-ADR | Reduce -4.4% | 0.06% | −0.01 |
Portfolio Buys Q3 2025 → Q4 2025
| AXON Axon Enterprise Inc. | Add +1198.7% | 0.78% | +0.71 |
| RKLB Rocket Lab Corp. | Add +47.2% | 1.03% | +0.60 |
| NU Nu Holdings Ltd./Cayman Isl-A | Add +2.3% | 3.58% | +0.60 |
| GOOG Alphabet Inc. Class C | Add +29.0% | 0.98% | +0.45 |
| GOOGL Alphabet Inc. Class A | Add +166.7% | 0.50% | +0.37 |
| MDLN Medline Inc. Class A | New | 0.36% | +0.36 |
| ENSG The Ensign Group Inc. | Add +62.1% | 0.66% | +0.30 |
| IOT Samsara Inc. Class A | Add +15.0% | 1.40% | +0.26 |
| QXO Qxo Inc. | Add +16117.6% | 0.24% | +0.23 |
| CSGP Costar Group Inc. | Add +56.9% | 0.72% | +0.21 |
| TMO Thermo Fisher Scientific Inc. | Add +56.9% | 0.37% | +0.19 |
| TEAM Atlassian Corp. Class A | Add +3.9% | 1.14% | +0.18 |
| UTHR United Therapeutics Corp. | New | 0.13% | +0.13 |
| DG Dollar General Corp. | Add +2.1% | 0.37% | +0.12 |
| MSCI MSCI Inc. | Add +22.5% | 0.40% | +0.11 |
| MDB Mongodb Inc. | New | 0.09% | +0.09 |
| BLLN Billiontoone Inc. Class A | New | 0.09% | +0.09 |
| MELI MercadoLibre Inc. | Add +5.0% | 5.83% | +0.08 |
| YETI Yeti Holdings Inc. | Add +50.9% | 0.14% | +0.08 |
| FIG Figma Inc. Class A | Add +93.8% | 0.18% | +0.06 |
| DNLI Denali Therapeutics Inc. | Add +6.2% | 0.17% | +0.04 |
| BABA Alibaba Group Holding-SP ADR | Add +99.2% | 0.09% | +0.04 |
| RELY Remitly Global Inc. | Add +48.2% | 0.13% | +0.04 |
| JKHY Jack Henry & Associates Inc. | Add +47.6% | 0.08% | +0.04 |
| BBD Banco Bradesco-ADR | Add +36.8% | 0.11% | +0.04 |
| DUOL Duolingo | Add +71.9% | 0.71% | +0.03 |
| ACN Accenture PLC Class A | Add +49.4% | 0.08% | +0.03 |
| SVM Silvercorp Metals Inc. | New | 0.03% | +0.03 |
| UPST Upstart Holdings Inc. | New | 0.03% | +0.03 |
| COUR Coursera Inc. | Add +97.0% | 0.09% | +0.03 |
| TFII Tfi International Inc. | Add +1.1% | 0.09% | +0.02 |
| BZ Kanzhun Ltd. - ADR | Add +16.2% | 0.17% | +0.02 |
| ZTS Zoetis Inc. | New | 0.02% | +0.02 |
| PI Impinj Inc. | New | 0.01% | +0.01 |
| RVMD Revolution Medicines Inc. | New | 0.01% | +0.01 |
| XMTR Xometry Inc. Class A | Add +1.6% | 0.06% | +0.01 |
| ODFL Old Dominion Freight Line | New | 0.01% | +0.01 |
| BRO Brown & Brown Inc. | New | 0.01% | +0.01 |
| TNDM Tandem Diabetes Care Inc. | Add +2.2% | 0.02% | +0.01 |
| TMDX Transmedics Group Inc. | Add +21.4% | 0.03% | +0.01 |
| BSY Bentley Systems Inc. Class B | Add +54633.0% | 0.01% | +0.01 |
| KRNT Kornit Digital Ltd. | Add +61.7% | 0.02% | +0.01 |
| COIN Coinbase Global Inc. Class A | Add +41.1% | 0.16% | +0.01 |
| EH Ehang Holdings Ltd.-SPS ADR | New | 0.01% | +0.01 |
| MNST Monster Beverage Corp. | Add +18.4% | 0.02% | +0.01 |
| TWST Twist Bioscience Corp. | Add +1.1% | 0.03% | +0.01 |
| DLO Dlocal Ltd. | Add +12.2% | 0.04% | +0.01 |
| PGNY Progyny Inc. | Add +0.4% | 0.03% | +0.01 |
| STOK Stoke Therapeutics Inc. | New | 0.01% | +0.01 |
| ATAT Atour Lifestyle Holdings-ADR | New | 0.01% | +0.01 |
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 |