13F filer · CIK 1088875 ↗
Baillie Gifford & Co
You are looking at Q4 2017. See the latest, Q2 2026 →
Reported value
$80.43B
+1.8% on the quarter before
Positions
201
12 new · 9 sold out
Top 10
50.9%
of the value
Est. gain
+$2.80B
on stocks held all quarter
Est. return
+3.7%
on those stocks since Q3 2017
Positions as of Dec 31, 2017, from Baillie Gifford & Co's 13F filing with the SEC. A 13F lists a manager's US-listed stocks and options at a quarter end and is filed up to 45 days later, so the fund may hold something else today. It leaves out short positions, cash and holdings outside the US.
Portfolio at a glance
- New
- Added
- Cut
- Same
- Options
Each tile is a position, sized by its share, colored by what the fund did with it since Q3 2017. Striped tiles are options.
Largest buys
Since Q3 2017, by estimated size: the change in shares at the quarter-end price, since a 13F gives no trade prices. Percentages are the position's share of the portfolio, before and after.
- Netease.Com ADR~$919.4MAdded · 0.0% → 1.1%+2,664,265 shares
- Thermo Fisher Scientific~$460.1MNew · 0.0% → 0.6%+2,423,018 shares
- Aj Gallagher & Co~$458.9MNew · 0.0% → 0.6%+7,252,665 shares
- Lendingtree~$120.1MAdded · 0.1% → 0.3%+352,694 shares
- Marketaxess Holdings~$105.7MAdded · 0.6% → 0.8%+523,737 shares
- Denali Therapeutics~$77.0MNew · 0.0% → 0.1%+4,921,783 shares
- Wix Com~$71.7MAdded · 0.1% → 0.2%+1,245,585 shares
- Tal Education Group ADR~$62.4MAdded · 1.0% → 1.0%+2,098,638 shares
- Sea~$50.6MNew · 0.0% → 0.1%+3,798,629 shares
- Stitch Fix~$32.2MNew · 0.0% → 0.0%+1,245,096 shares
Largest sells
Since Q3 2017, by estimated size: the change in shares at the quarter-end price, since a 13F gives no trade prices. Percentages are the position's share of the portfolio, before and after.
- Splunk Inc~$484.3MCut · 0.5% → 0.0%−5,845,957 shares
- Colgate-Palmolive~$346.8MSold out · 0.4% → 0.0%−4,761,112 shares
- Carmax Inc~$324.4MCut · 0.7% → 0.2%−5,058,098 shares
- Td Ameritrade Holding Corp~$269.4MCut · 0.9% → 0.6%−5,269,742 shares
- Meta~$265.6MCut · 4.9% → 4.6%−1,505,243 shares
- Amazon~$241.2MCut · 7.9% → 9.1%−206,248 shares
- Royal Crbn.Cruises~$213.9MCut · 1.7% → 1.4%−1,793,590 shares
- Baidu~$183.4MCut · 7.4% → 6.6%−783,270 shares
- Tripadvisor~$169.8MSold out · 0.2% → 0.0%−4,190,667 shares
- Alphabet~$153.5MCut · 3.4% → 3.5%−146,693 shares
Holdings
As of Dec 31, 2017. Changes are in shares against Sep 30, 2017, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| AlibabaSPONSORED ADS · shares −1.9% · price −0.2% | 9.6% | $7.71B | −$12.5M | ||||||||
| AmazonCOM · shares −3.2% · price +21.6% | 9.1% | $7.33B | +$1.31B | ||||||||
| BaiduSPON ADR REP A · shares −3.3% · price −5.4% | 6.6% | $5.34B | −$307.6M | ||||||||
| TeslaCOM · shares −1.5% · price −8.7% | 5.0% | $4.02B | −$383.8M | ||||||||
| IlluminaCOM · shares −2.8% · price +9.7% | 4.8% | $3.88B | +$342.5M | ||||||||
| MetaCL A · shares −6.7% · price +3.3% | 4.6% | $3.69B | +$116.9M | ||||||||
| AlphabetCAP STK CL C · shares −5.2% · price +9.1% | 3.5% | $2.82B | +$234.8M | ||||||||
| Ctrip.Com Intl Sponsored ADRAMERICAN DEP SHS · shares −4.7% · price −16.4% | 2.7% | $2.17B | −$424.4M | ||||||||
| NvidiaCOM · shares −0.5% · price +8.2% | 2.7% | $2.16B | +$164.5M | ||||||||
| MercadoLibreCOM · shares −2.0% · price +21.5% | 2.2% | $1.79B | +$316.7M | ||||||||
| TSMCSPONSORED ADR · shares −0.5% · price +5.6% | 2.2% | $1.78B | +$94.1M | ||||||||
| Ferrari NvCOM · shares −3.0% · price −5.0% | 1.9% | $1.56B | −$81.9M | ||||||||
| Fiat Chrysler AutomobilesSHS · shares −1.9% · price −0.1% | 1.7% | $1.40B | −$1.4M | ||||||||
| NetflixCOM · shares −3.5% · price +5.9% | 1.7% | $1.34B | +$73.8M | ||||||||
| Royal Crbn.CruisesCOM · shares −16% · price +0.6% | 1.4% | $1.17B | +$7.2M | ||||||||
| Intuitive SurgicalCOM NEW · shares −6.8% · price +4.7% | 1.4% | $1.15B | +$51.5M | ||||||||
| Anthem IncCOM · shares −1.1% · price +18.5% | 1.4% | $1.10B | +$171.4M | ||||||||
| Moody's CorporationCOM · shares −1.3% · price +6.0% | 1.2% | $983.8M | +$56.0M | ||||||||
| Bluebird Bio IncCOM · shares −2.5% · price +29.7% | 1.1% | $924.1M | +$211.4M | ||||||||
| Netease.Com ADRSPONSORED ADR · shares +43,153% · price +30.8% | 1.1% | $921.5M | +$501,461 | ||||||||
| MastercardCL A · shares −1.7% · price +7.2% | 1.0% | $843.2M | +$56.6M | ||||||||
| Seattle GeneticsCOM · shares −2.9% · price −1.7% | 1.00% | $800.6M | −$13.6M | ||||||||
| Tal Education Group ADRADS REPSTG COM · shares +8.8% · price −11.9% | 0.95% | $767.2M | −$94.9M | ||||||||
| New Oriental Education & Technology Sponsored ADRSPON ADR · shares −3.6% · price +6.5% | 0.90% | $725.5M | +$44.3M | ||||||||
| WorkdayCL A · shares −4.1% · price −3.5% | 0.90% | $721.2M | −$25.9M | ||||||||
| Total · 201 positions | 100% | $80.43B | +$2.80B |
Price is a stock's reported value over its shares at the quarter end. The estimated gain is the shares held at both quarter ends times the change in that price: shares bought or sold during the quarter add nothing, options are left out, and a stock split is read into the earlier share count and price.
What made money
From Q3 2017 to Q4 2017: 189 stocks held throughout, up $2.80B (+3.7%).
- Amazon+$1.31B+22%
- Illumina+$342.5M+10%
- MercadoLibre+$316.7M+22%
- Alphabet+$234.8M+9%
- Bluebird Bio Inc+$211.4M+30%
- Tal Education Group ADR−$94.9M−12%
- First Republic Bank−$103.9M−17%
- Baidu−$307.6M−5%
- Tesla−$383.8M−9%
- Ctrip.Com Intl Sponsored ADR−$424.4M−16%
Estimated as in the holdings table: shares held at both quarter ends times the change in price; options left out, 1 split read into the share counts.
Reported value by quarter
The total value of each quarter's 13F at that quarter end. It moves with prices as well as with buying and selling. Pick a quarter to see what the fund held then.
Every quarter's filing
| Quarter | Reported value | Filing | |
|---|---|---|---|
| Q2 2026 | Aug 6, 2026 | $110.23B+13% | SEC ↗ |
| Q1 2026 | May 8, 2026 | $97.89B−19% | SEC ↗ |
| Q4 2025 | Jan 23, 2026 | $120.34B−11% | SEC ↗ |
| Q3 2025 | Oct 31, 2025 | $135.00B+1% | SEC ↗ |
| Q2 2025 | Aug 6, 2025 | $133.89B+17% | SEC ↗ |
| Q1 2025 | May 7, 2025 | $114.59B−12% | SEC ↗ |
| Q4 2024 | Jan 31, 2025 | $130.14B−3% | SEC ↗ |
| Q3 2024 | Nov 5, 2024 | $133.63B+4% | SEC ↗ |
| Q2 2024 | Jul 25, 2024 | $128.36B−0% | SEC ↗ |
| Q1 2024 | May 1, 2024 | $128.56B+2% | SEC ↗ |
| Q4 2023 | Jan 26, 2024 | $126.19B+15% | SEC ↗ |
| Q3 2023 | Nov 13, 2023 | $109.60B−7% | SEC ↗ |
| Q2 2023 | Jul 28, 2023 | $117.64B+6% | SEC ↗ |
| Q1 2023 | May 3, 2023 | $110.83B+15% | SEC ↗ |
| Q4 2022 | Mar 10, 2023 (amended) | $95.96B−1% | SEC ↗ |
| Q3 2022 | Oct 27, 2022 | $96.99B−1% | SEC ↗ |
| Q2 2022 | Aug 8, 2022 | $97.51B−32% | SEC ↗ |
| Q1 2022 | May 5, 2022 | $142.65B−22% | SEC ↗ |
| Q4 2021 | Jan 20, 2022 | $182.24B−5% | SEC ↗ |
| Q3 2021 | Oct 19, 2021 | $191.14B−7% | SEC ↗ |
| Q2 2021 | Aug 2, 2021 | $205.20B+15% | SEC ↗ |
| Q1 2021 | May 6, 2021 | $178.74B−1% | SEC ↗ |
| Q4 2020 | Feb 10, 2021 | $179.68B+24% | SEC ↗ |
| Q3 2020 | Nov 12, 2020 | $145.22B+11% | SEC ↗ |
| Q2 2020 | Aug 12, 2020 | $131.23B+42% | SEC ↗ |
| Q1 2020 | May 8, 2020 | $92.30B−11% | SEC ↗ |
| Q4 2019 | Feb 10, 2020 | $103.48B+18% | SEC ↗ |
| Q3 2019 | Nov 7, 2019 | $87.92B−7% | SEC ↗ |
| Q2 2019 | Aug 8, 2019 | $94.27B+3% | SEC ↗ |
| Q1 2019 | May 1, 2019 | $91.42B+19% | SEC ↗ |
| Q4 2018 | Feb 14, 2019 | $76.98B−17% | SEC ↗ |
| Q3 2018 | Nov 13, 2018 | $92.61B−0% | SEC ↗ |
| Q2 2018 | Jul 17, 2018 | $92.67B+9% | SEC ↗ |
| Q1 2018 | May 10, 2018 | $85.27B+6% | SEC ↗ |
| Q4 2017 | Feb 13, 2018 | $80.43B+2% | SEC ↗ |
| Q3 2017 | Oct 20, 2017 | $78.99B+6% | SEC ↗ |
| Q2 2017 | Aug 10, 2017 | $74.34B+8% | SEC ↗ |
| Q1 2017 | May 12, 2017 | $68.72B+13% | SEC ↗ |
| Q4 2016 | Feb 14, 2017 | $60.79B−5% | SEC ↗ |
| Q3 2016 | Nov 9, 2016 | $63.92B+14% | SEC ↗ |
| Q2 2016 | Aug 9, 2016 | $56.06B−1% | SEC ↗ |
| Q1 2016 | May 5, 2016 | $56.82B | SEC ↗ |