Baillie Gifford & Co Portfolio holdings
Baillie Gifford & Co., founded in 1908 by Lt Col Augustus Baillie and Carlyle Gifford and headquartered in Edinburgh, Scotland, is an independent, partnership-owned investment management firm renowned for its long-term, growth-oriented approach, managing over £230 billion ($290 billion USD) in assets as of late 2024. Focusing primarily on global equities, the firm serves institutional clients like pension funds and retail investors through mutual funds and investment trusts, such as the Scottish Mortgage Investment Trust, emphasizing fundamental research into innovative, high-growth companies—often holding stakes in firms like Tesla and Amazon for decades. With around 2,000 employees across offices in London, New York, Hong Kong, and beyond, Baillie Gifford operates without external ownership pressures, allowing its 58 partners to prioritize patience and conviction over short-term market trends. Known for its low-profile culture and ESG integration, the firm has earned a reputation as a thoughtful, contrarian investor in a world of rapid-fire trading.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Spotify
SPOT
|
+$2.07B |
| 2 |
APA Corp
APA
|
+$439M |
| 3 |
Zillow
Z
|
+$277M |
| 4 |
Albemarle
ALB
|
+$232M |
| 5 |
Ionis Pharmaceuticals
IONS
|
+$134M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$661M |
| 2 |
NVIDIA
NVDA
|
+$489M |
| 3 |
Intuitive Surgical
ISRG
|
+$312M |
| 4 |
Baidu
BIDU
|
+$311M |
| 5 |
Illumina
ILMN
|
+$297M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 34.64% |
| 2 | Communication Services | 19.83% |
| 3 | Healthcare | 15% |
| 4 | Financials | 8.35% |
| 5 | Technology | 8.13% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Visa
V
$684B
| $801M | 0.86% |
6,048,510
-78,920
| -1% | -$10.2M |
|
27
Salesforce
CRM
$151B
| $784M | 0.85% |
5,749,876
-296,471
| -5% | -$37.8M |
|
|
BLUE
28
DELISTED
bluebird bio
BLUE
| $760M | 0.82% |
373,910
-15,338
| -4% | -$35M |
|
29
NetEase
NTES
$85.3B
| $756M | 0.82% |
14,961,580
-459,890
| -3% | -$23.5M |
|
30
MarketAxess Holdings
MKTX
$5.71B
| $729M | 0.79% |
3,682,935
+21,869
| +0.6% | +$4.53M |
|
31
New Oriental
EDU
$9.37B
| $721M | 0.78% |
7,616,578
+16,318
| +0.2% | +$1.56M |
|
32
Ryanair
RYAAY
$30.4B
| $678M | 0.73% |
14,842,405
+333,235
| +2% | +$15.5M |
|
33
EOG Resources
EOG
$79.2B
| $617M | 0.67% |
4,960,707
-44,835
| -0.9% | -$5.21M |
|
34
Markel Group
MKL
$23.3B
| $597M | 0.64% |
550,655
+6,226
| +1% | +$7.03M |
|
|
FRC
35
DELISTED
First Republic Bank
FRC
| $590M | 0.64% |
6,092,149
+114,606
| +2% | +$11.1M |
|
|
36
Zillow
Z
$7.79B
| $586M | 0.63% |
9,927,622
+5,005,076
| +102% | +$277M |
|
37
Royal Caribbean
RCL
$85.1B
| $575M | 0.62% |
5,548,088
-1,418,643
| -20% | -$156M |
|
38
Atlassian
TEAM
$25.6B
| $508M | 0.55% |
8,123,839
-431,739
| -5% | -$26.5M |
|
39
ResMed
RMD
$30.6B
| $500M | 0.54% |
4,826,851
-40,874
| -0.8% | -$4.14M |
|
40
Martin Marietta Materials
MLM
$31.5B
| $495M | 0.53% |
2,216,713
+1,755
| +0.1% | +$374K |
|
41
Waters Corp
WAT
$37B
| $495M | 0.53% |
2,555,939
-17,623
| -0.7% | -$3.47M |
|
42
DexCom
DXCM
$31.5B
| $494M | 0.53% |
20,792,268
-879,028
| -4% | -$18.6M |
|
43
Thermo Fisher Scientific
TMO
$213B
| $493M | 0.53% |
2,378,190
-24,757
| -1% | -$5.26M |
|
|
AMTD
44
DELISTED
TD Ameritrade Holding Corp
AMTD
| $491M | 0.53% |
8,966,013
-167,932
| -2% | -$10M |
|
45
Wabtec
WAB
$49.1B
| $476M | 0.51% |
4,829,772
+138,565
| +3% | +$12.9M |
|
46
Verisk Analytics
VRSK
$25.4B
| $468M | 0.51% |
4,349,677
-57,625
| -1% | -$6.13M |
|
47
JD.com
JD
$44.6B
| $468M | 0.5% |
12,008,516
-2,614
| -0% | -$101K |
|
48
Arthur J. Gallagher & Co
AJG
$64.1B
| $465M | 0.5% |
7,122,091
-41,735
| -0.6% | -$2.83M |
|
49
Under Armour
UAA
$2.84B
| $464M | 0.5% |
20,640,923
-1,107,657
| -5% | -$21.9M |
|
50
C.H. Robinson
CHRW
$17.4B
| $425M | 0.46% |
5,080,124
-26,800
| -0.5% | -$2.39M |
|
Similar funds
Baillie Gifford & Co's Q2 2018 Portfolio in Review
As of Q2 2018, Baillie Gifford & Co held 213 positions worth $92.7B, up 8.7% from $85.3B the previous quarter. Its ten largest holdings account for 49% of the portfolio.
Baillie Gifford & Co's Q2 2018 filing shows 9 new, 108 increased, 73 reduced and 6 closed positions. Its largest new stake was Spotify: 12,969,536 shares worth $2.18B. The largest sale was Amazon, an estimated $661M.
By sector, the portfolio is most concentrated in Consumer Discretionary at 35% of assets, down from 36% a quarter earlier, followed by Communication Services and Healthcare.
- Baillie Gifford & Co's largest Q2 2018 buy was Spotify: 12,969,536 shares worth $2.18B.
- Baillie Gifford & Co added most to APA Corp in Q2 2018, an estimated $439M increase.
- Baillie Gifford & Co's biggest Q2 2018 reduction was Amazon, cutting an estimated $661M.
- Baillie Gifford & Co fully exited Nebius Group N.V. in Q2 2018, selling an estimated $222M.
- Baillie Gifford & Co's ten largest holdings make up 49% of its $92.7B portfolio in Q2 2018.
- Baillie Gifford & Co opened 9 new positions and closed 6 in Q2 2018.
- Baillie Gifford & Co's portfolio value rose 8.7% quarter-over-quarter to $92.7B.
Based on Baillie Gifford & Co's 13F filing for Q2 2018, filed 17 Jul 2018.