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 |
Axon Enterprise
AXON
|
+$941M |
| 2 |
Duolingo
DUOL
|
+$479M |
| 3 |
Medline Inc
MDLN
|
+$440M |
| 4 |
Mercado Libre
MELI
|
+$345M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$341M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Datadog
DDOG
|
+$1.18B |
| 2 |
Cloudflare
NET
|
+$1.06B |
| 3 |
Shopify
SHOP
|
+$680M |
| 4 |
BioNTech
BNTX
|
+$668M |
| 5 |
Meta Platforms (Facebook)
META
|
+$595M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 28.38% |
| 2 | Technology | 25.51% |
| 3 | Communication Services | 18.13% |
| 4 | Healthcare | 9.12% |
| 5 | Financials | 7.82% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
NVIDIA
NVDA
$5.17T
| $8.18B | 6.8% |
43,867,705
-2,681,591
| -6% | -$499M |
2016 Q1
39 quarters
|
|
|
2
Mercado Libre
MELI
$93B
| $7.01B | 5.83% |
3,481,563
+164,120
| +5% | +$345M |
2013 Q2
50 quarters
|
|
3
Amazon
AMZN
$2.7T
| $6.78B | 5.64% |
29,387,070
-2,272,044
| -7% | -$520M |
2013 Q2
50 quarters
|
|
|
4
Shopify
SHOP
$218B
| $5.02B | 4.17% |
31,206,232
-4,237,555
| -12% | -$680M |
2017 Q3
33 quarters
|
|
5
Sea Limited
SE
$57.4B
| $4.94B | 4.11% |
38,758,791
-1,331,499
| -3% | -$197M |
2017 Q4
32 quarters
|
|
6
Spotify
SPOT
$109B
| $4.84B | 4.02% |
8,331,104
-364,244
| -4% | -$228M |
2018 Q2
30 quarters
|
|
7
Nu Holdings
NU
$70.3B
| $4.31B | 3.58% |
257,256,952
+5,797,365
| +2% | +$93.2M |
2021 Q4
16 quarters
|
|
8
Applovin
APP
$89.1B
| $4.16B | 3.45% |
6,166,349
-79,611
| -1% | -$50.2M |
2024 Q3
5 quarters
|
|
9
Pinduoduo
PDD
$115B
| $3.52B | 2.92% |
31,032,323
-766,680
| -2% | -$95.2M |
2018 Q3
29 quarters
|
|
10
Netflix
NFLX
$294B
| $3.46B | 2.88% |
36,940,035
+449,565
| +1% | +$48.5M |
2015 Q1
43 quarters
|
|
11
Coupang
CPNG
$25.7B
| $3.45B | 2.86% |
146,122,094
-4,260,613
| -3% | -$121M |
2021 Q1
19 quarters
|
|
|
12
Cloudflare
NET
$106B
| $3.32B | 2.76% |
16,823,947
-5,024,793
| -23% | -$1.06B |
2020 Q2
22 quarters
|
|
|
13
Meta Platforms (Facebook)
META
$1.81T
| $2.9B | 2.41% |
4,399,233
-890,995
| -17% | -$595M |
2013 Q2
50 quarters
|
|
14
Microsoft
MSFT
$3.93T
| $2.68B | 2.23% |
5,544,839
-316,000
| -5% | -$158M |
2013 Q2
50 quarters
|
|
15
DoorDash
DASH
$82B
| $1.81B | 1.5% |
7,970,062
-298,706
| -4% | -$70.1M |
2020 Q4
20 quarters
|
|
16
Roblox
RBLX
$35.4B
| $1.75B | 1.45% |
21,543,528
-1,753,075
| -8% | -$186M |
2022 Q1
15 quarters
|
|
17
Samsara
IOT
$23.2B
| $1.69B | 1.4% |
47,660,513
+6,208,553
| +15% | +$240M |
2023 Q1
11 quarters
|
|
18
Ferrari
RACE
$69.7B
| $1.46B | 1.21% |
3,890,014
-51,816
| -1% | -$20.7M |
2016 Q1
39 quarters
|
|
19
Intuitive Surgical
ISRG
$151B
| $1.44B | 1.2% |
2,551,357
-51,241
| -2% | -$27.3M |
2013 Q2
50 quarters
|
|
20
Reddit
RDDT
$30B
| $1.37B | 1.14% |
5,980,918
-126,267
| -2% | -$26.6M |
2025 Q1
3 quarters
|
|
21
Atlassian
TEAM
$52.6B
| $1.37B | 1.14% |
8,431,802
+316,276
| +4% | +$49.6M |
2016 Q2
38 quarters
|
|
22
Rocket Lab Corp
RKLB
$32.5B
| $1.25B | 1.03% |
17,851,446
+5,725,536
| +47% | +$328M |
2025 Q2
2 quarters
|
|
23
Alphabet (Google) Class C
GOOG
$4.12T
| $1.18B | 0.98% |
3,750,936
+843,988
| +29% | +$242M |
2013 Q2
50 quarters
|
|
24
Alnylam Pharmaceuticals
ALNY
$31B
| $1.03B | 0.86% |
2,600,979
-188,377
| -7% | -$83.4M |
2013 Q2
50 quarters
|
|
25
DexCom
DXCM
$32.5B
| $1.03B | 0.86% |
15,552,587
-329,581
| -2% | -$21.3M |
2013 Q2
50 quarters
|
|
Similar funds
Baillie Gifford & Co's Q4 2025 Portfolio in Review
As of Q4 2025, Baillie Gifford & Co held 286 positions worth $120B, down 11% from $135B the previous quarter. Its ten largest holdings account for 43% of the portfolio.
Baillie Gifford & Co withdrew a net $4.33B in Q4 2025, closing 20 positions and reducing 159 holdings. Its most notable exit was Pinterest, an estimated $251M position sold in full.
By sector, the portfolio is most concentrated in Consumer Discretionary at 28% of assets, down from 30% a quarter earlier, followed by Technology and Communication Services.
Against the trend, Baillie Gifford & Co opened a new position in Medline Inc worth $437M.
- Baillie Gifford & Co's largest Q4 2025 buy was Medline Inc: 10,410,371 shares worth $437M.
- Baillie Gifford & Co added most to Axon Enterprise in Q4 2025, an estimated $941M increase.
- Baillie Gifford & Co's biggest Q4 2025 reduction was Datadog, cutting an estimated $1.18B.
- Baillie Gifford & Co fully exited Pinterest in Q4 2025, selling an estimated $251M.
- Baillie Gifford & Co's ten largest holdings make up 43% of its $120B portfolio in Q4 2025.
- Baillie Gifford & Co opened 21 new positions and closed 20 in Q4 2025.
- Baillie Gifford & Co's portfolio value fell 11% quarter-over-quarter to $120B.
Based on Baillie Gifford & Co's 13F filing for Q4 2025, filed 23 Jan 2026.