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 |
WUBA
58.com Inc
WUBA
|
+$198M |
| 2 |
Stellantis
STLA
|
+$166M |
| 3 |
Shopify
SHOP
|
+$95.9M |
| 4 |
ICICI Bank
IBN
|
+$66M |
| 5 |
Itaú Unibanco
ITUB
|
+$62M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NBIS
Nebius Group N.V.
NBIS
|
+$429M |
| 2 |
Amazon
AMZN
|
+$333M |
| 3 |
MBLY
Mobileye N.V.
MBLY
|
+$322M |
| 4 |
Alibaba
BABA
|
+$277M |
| 5 |
Qiagen
QGEN
|
+$240M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 37.3% |
| 2 | Communication Services | 18.48% |
| 3 | Healthcare | 13.51% |
| 4 | Technology | 8.97% |
| 5 | Financials | 8.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Invesco Senior Income Trust
VVR
$457M
| $46.4M | 0.06% |
10,337,518
+234,870
| +2% | +$1.05M |
|
102
Chipotle Mexican Grill
CMG
$47.2B
| $45.6M | 0.06% |
7,405,150
-120,350
| -2% | -$811K |
|
|
BRW
103
Saba Capital Income & Opportunities Fund
BRW
$336M
| $44.3M | 0.06% |
4,239,238
+140,450
| +3% | +$1.47M |
|
104
Fastenal
FAST
$54.7B
| $41.5M | 0.05% |
3,646,000
+94,848
| +3% | +$1.02M |
|
105
Under Armour Class C
UA
$2.77B
| $41.5M | 0.05% |
2,766,112
+12,110
| +0.4% | +$204K |
|
|
SOHU
106
Sohu.com
SOHU
$362M
| $40.7M | 0.05% |
747,693
-69,242
| -8% | -$3.62M |
|
107
IPG Photonics
IPGP
$3.61B
| $37.5M | 0.05% |
202,503
+8,353
| +4% | +$1.39M |
|
108
Coca-Cola
KO
$377B
| $37.4M | 0.05% |
831,888
+27,318
| +3% | +$1.24M |
|
109
Johnson & Johnson
JNJ
$618B
| $35.2M | 0.04% |
270,479
+11,071
| +4% | +$1.47M |
|
110
Microsoft
MSFT
$3.45T
| $34.7M | 0.04% |
465,911
+168,690
| +57% | +$12.3M |
|
|
NATI
111
DELISTED
National Instruments Corp
NATI
| $33.7M | 0.04% |
799,712
+35,122
| +5% | +$1.43M |
|
112
Procter & Gamble
PG
$336B
| $32.8M | 0.04% |
360,097
+22,033
| +7% | +$2.01M |
|
|
TERP
113
DELISTED
TerraForm Power, Inc
TERP
| $31.6M | 0.04% |
2,393,500
+628,688
| +36% | +$8.2M |
|
114
United Parcel Service
UPS
$88.6B
| $28.2M | 0.04% |
235,081
+11,123
| +5% | +$1.26M |
|
115
Trupanion
TRUP
$1.07B
| $26.6M | 0.03% |
1,005,983
+23,610
| +2% | +$542K |
|
116
Analog Devices
ADI
$179B
| $26.3M | 0.03% |
305,516
+14,981
| +5% | +$1.21M |
|
117
TJX Companies
TJX
$174B
| $26.3M | 0.03% |
713,254
+5,864
| +0.8% | +$209K |
|
118
Albemarle
ALB
$13.9B
| $26.1M | 0.03% |
191,439
+6,884
| +4% | +$818K |
|
119
HEICO Corp Class A
HEI.A
$36B
| $25.2M | 0.03% |
516,041
+61,693
| +14% | +$2.82M |
|
120
PepsiCo
PEP
$190B
| $24.6M | 0.03% |
220,676
+8,003
| +4% | +$925K |
|
121
Brown-Forman Class B
BF.B
$13.2B
| $23.8M | 0.03% |
684,425
+25,916
| +4% | +$842K |
|
122
McDonald's
MCD
$192B
| $23.3M | 0.03% |
148,833
+5,292
| +4% | +$829K |
|
|
AGR
123
DELISTED
Avangrid, Inc.
AGR
| $22.9M | 0.03% |
482,360
+124,571
| +35% | +$5.78M |
|
124
PG&E
PCG
$38.3B
| $21.2M | 0.03% |
310,979
+1,952
| +0.6% | +$134K |
|
125
Estee Lauder
EL
$30.4B
| $20.8M | 0.03% |
192,461
+80,877
| +72% | +$8.3M |
|
Similar funds
Baillie Gifford & Co's Q3 2017 Portfolio in Review
As of Q3 2017, Baillie Gifford & Co held 209 positions worth $79B, up 6.3% from $74.3B the previous quarter. Its ten largest holdings account for 52% of the portfolio.
Baillie Gifford & Co withdrew a net $3.29B in Q3 2017, closing 11 positions and reducing 88 holdings. Its most notable exit was Qiagen, an estimated $240M position sold in full.
By sector, the portfolio is most concentrated in Consumer Discretionary at 37% of assets, down from 38% a quarter earlier, followed by Communication Services and Healthcare.
Against the trend, Baillie Gifford & Co opened a new position in Shopify worth $109M.
- Baillie Gifford & Co's largest Q3 2017 buy was Shopify: 9,386,610 shares worth $109M.
- Baillie Gifford & Co added most to 58.com Inc in Q3 2017, an estimated $198M increase.
- Baillie Gifford & Co's biggest Q3 2017 reduction was Nebius Group N.V., cutting an estimated $429M.
- Baillie Gifford & Co fully exited Qiagen in Q3 2017, selling an estimated $240M.
- Baillie Gifford & Co's ten largest holdings make up 52% of its $79B portfolio in Q3 2017.
- Baillie Gifford & Co opened 8 new positions and closed 11 in Q3 2017.
- Baillie Gifford & Co's portfolio value rose 6.3% quarter-over-quarter to $79B.
Based on Baillie Gifford & Co's 13F filing for Q3 2017, filed 20 Oct 2017.