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 |
Elastic
ESTC
|
+$386M |
| 2 |
Mercado Libre
MELI
|
+$307M |
| 3 |
Nu Holdings
NU
|
+$265M |
| 4 |
Shopify
SHOP
|
+$254M |
| 5 |
Roblox
RBLX
|
+$253M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Beyond Meat
BYND
|
+$232M |
| 2 |
Li Auto
LI
|
+$219M |
| 3 |
Illumina
ILMN
|
+$187M |
| 4 |
Albemarle
ALB
|
+$178M |
| 5 |
Ferrari
RACE
|
+$147M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 29.04% |
| 2 | Healthcare | 24.31% |
| 3 | Technology | 16.89% |
| 4 | Communication Services | 11.22% |
| 5 | Financials | 7.26% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Tesla
TSLA
$1.24T
| $7.39B | 7.62% |
27,876,833
-336,079
| -1% | -$93.9M |
|
2
Moderna
MRNA
$21.5B
| $5.35B | 5.52% |
45,280,023
-279,768
| -0.6% | -$42.5M |
|
|
3
Mercado Libre
MELI
$91.3B
| $4.79B | 4.94% |
5,783,235
+357,308
| +7% | +$307M |
|
4
Amazon
AMZN
$2.5T
| $4.25B | 4.38% |
37,605,966
-237,878
| -0.6% | -$30.1M |
|
|
5
Illumina
ILMN
$29.4B
| $3.63B | 3.74% |
19,552,664
-947,355
| -5% | -$187M |
|
6
Trade Desk
TTD
$8.13B
| $2.67B | 2.75% |
44,636,860
-2,431,889
| -5% | -$138M |
|
7
Spotify
SPOT
$99.2B
| $2.41B | 2.49% |
27,964,517
+1,764,880
| +7% | +$189M |
|
8
Alnylam Pharmaceuticals
ALNY
$36.3B
| $1.9B | 1.96% |
9,514,758
-453,676
| -5% | -$86.5M |
|
9
NVIDIA
NVDA
$5.01T
| $1.85B | 1.91% |
152,787,840
-254,780
| -0.2% | -$4.03M |
|
10
Coupang
CPNG
$27.8B
| $1.81B | 1.86% |
108,433,753
+79,319
| +0.1% | +$1.37M |
|
11
Elevance Health
ELV
$81.9B
| $1.81B | 1.86% |
3,974,771
-91,119
| -2% | -$43.6M |
|
12
Pinduoduo
PDD
$118B
| $1.77B | 1.82% |
28,210,841
+110,737
| +0.4% | +$6.44M |
|
|
13
Shopify
SHOP
$148B
| $1.74B | 1.79% |
64,511,049
+7,465,746
| +13% | +$254M |
|
|
14
Ferrari
RACE
$63.3B
| $1.72B | 1.78% |
9,174,694
-735,833
| -7% | -$147M |
|
15
Netflix
NFLX
$292B
| $1.64B | 1.69% |
69,675,180
-5,060,100
| -7% | -$112M |
|
16
NIO
NIO
$11.3B
| $1.53B | 1.57% |
96,781,178
+50,039
| +0.1% | +$990K |
|
17
DexCom
DXCM
$27.6B
| $1.46B | 1.5% |
18,105,178
+5,779
| +0% | +$489K |
|
18
Microsoft
MSFT
$2.84T
| $1.44B | 1.49% |
6,197,716
-93,519
| -1% | -$24.7M |
|
19
Cloudflare
NET
$93B
| $1.37B | 1.41% |
24,725,247
+610,639
| +3% | +$36.3M |
|
20
Arthur J. Gallagher & Co
AJG
$63.7B
| $1.22B | 1.26% |
7,136,552
-174,728
| -2% | -$31M |
|
21
Atlassian
TEAM
$22B
| $1.15B | 1.18% |
5,443,221
+13,132
| +0.2% | +$3.07M |
|
22
Moody's
MCO
$81.7B
| $1.14B | 1.17% |
4,685,188
-116,172
| -2% | -$33.7M |
|
23
Alphabet (Google) Class C
GOOG
$3.9T
| $1.12B | 1.16% |
11,694,544
-120,956
| -1% | -$13.5M |
|
24
Workday
WDAY
$33.4B
| $1.11B | 1.15% |
7,316,520
-46,727
| -0.6% | -$7.31M |
|
25
Martin Marietta Materials
MLM
$33.6B
| $1.1B | 1.13% |
3,405,492
-190,914
| -5% | -$64.6M |
|
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Baillie Gifford & Co's Q3 2022 Portfolio in Review
As of Q3 2022, Baillie Gifford & Co held 506 positions worth $97B, down 0.53% from $97.5B the previous quarter. Its ten largest holdings account for 37% of the portfolio.
Baillie Gifford & Co's Q3 2022 filing shows 13 new, 130 increased, 158 reduced and 20 closed positions. Its largest new stake was Elastic: 4,847,733 shares worth $348M. The largest sale was Beyond Meat, an estimated $232M.
By sector, the portfolio is most concentrated in Consumer Discretionary at 29% of assets, up from 27% a quarter earlier, followed by Healthcare and Technology.
- Baillie Gifford & Co's largest Q3 2022 buy was Elastic: 4,847,733 shares worth $348M.
- Baillie Gifford & Co added most to Mercado Libre in Q3 2022, an estimated $307M increase.
- Baillie Gifford & Co's biggest Q3 2022 reduction was Beyond Meat, cutting an estimated $232M.
- Baillie Gifford & Co fully exited Zai Lab in Q3 2022, selling an estimated $25.5M.
- Baillie Gifford & Co's ten largest holdings make up 37% of its $97B portfolio in Q3 2022.
- Baillie Gifford & Co opened 13 new positions and closed 20 in Q3 2022.
- Baillie Gifford & Co's portfolio value fell 0.53% quarter-over-quarter to $97B.
Based on Baillie Gifford & Co's 13F filing for Q3 2022, filed 27 Oct 2022.