13F filer · CIK 1088875 ↗
Baillie Gifford & Co
You are looking at Q1 2018. See the latest, Q2 2026 →
Reported value
$85.27B
+6.0% on the quarter before
Positions
204
6 new · 3 sold out
Top 10
49.3%
of the value
Est. gain
+$5.22B
on stocks held all quarter
Est. return
+6.8%
on those stocks since Q4 2017
Positions as of Mar 31, 2018, 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 Q4 2017. Striped tiles are options.
Largest buys
Since Q4 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.
- Tal Education Group ADR~$885.2MAdded · 1.0% → 2.2%+23,867,404 shares
- Ctrip.Com Intl Sponsored ADR~$258.6MAdded · 2.7% → 3.0%+5,547,559 shares
- Netflix~$247.3MAdded · 1.7% → 2.7%+837,285 shares
- Lendingtree~$186.1MAdded · 0.3% → 0.5%+567,195 shares
- Netease.Com ADR~$116.0MAdded · 1.1% → 1.0%+413,855 shares
- Alibaba~$112.9MAdded · 9.6% → 9.8%+615,024 shares
- Marketaxess Holdings~$92.2MAdded · 0.8% → 0.9%+424,108 shares
- Dropbox Inc Class A Common Stock~$68.3MNew · 0.0% → 0.1%+2,185,942 shares
- Apache Corp~$66.7MAdded · 0.6% → 0.6%+1,732,383 shares
- Chegg~$64.6MAdded · 0.0% → 0.1%+3,128,153 shares
Largest sells
Since Q4 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.
- Amazon~$618.0MCut · 9.1% → 9.9%−427,018 shares
- Juno Therapeutics Inc~$482.1MSold out · 0.6% → 0.0%−10,547,788 shares
- Royal Crbn.Cruises~$330.6MCut · 1.4% → 1.0%−2,808,029 shares
- Baidu~$297.7MCut · 6.6% → 5.6%−1,333,915 shares
- Alphabet~$293.7MCut · 3.5% → 2.9%−284,643 shares
- Nvidia~$282.0MCut · 2.7% → 2.7%−1,217,599 shares
- Financial Engines~$178.0MCut · 0.2% → 0.0%−5,086,805 shares
- MercadoLibre~$137.1MCut · 2.2% → 2.2%−384,660 shares
- Meta~$118.9MCut · 4.6% → 3.8%−743,891 shares
- Carmax Inc~$100.2MCut · 0.2% → 0.0%−1,617,806 shares
Holdings
As of Mar 31, 2018. Changes are in shares against Dec 31, 2017, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| AmazonCOM · shares −6.8% · price +23.8% | 9.9% | $8.46B | +$1.62B | ||||||||
| AlibabaSPONSORED ADS · shares +1.4% · price +6.4% | 9.8% | $8.32B | +$496.8M | ||||||||
| BaiduSPON ADR REP A · shares −5.8% · price −4.7% | 5.6% | $4.80B | −$236.8M | ||||||||
| IlluminaCOM · shares −0.5% · price +8.2% | 4.9% | $4.18B | +$316.9M | ||||||||
| TeslaCOM · shares −1.0% · price −14.5% | 4.0% | $3.40B | −$577.7M | ||||||||
| MetaCL A · shares −3.6% · price −9.4% | 3.8% | $3.22B | −$336.3M | ||||||||
| Ctrip.Com Intl Sponsored ADRAMERICAN DEP SHS · shares +11% · price +5.7% | 3.0% | $2.55B | +$123.8M | ||||||||
| AlphabetCAP STK CL C · shares −11% · price −1.4% | 2.9% | $2.48B | −$35.1M | ||||||||
| NvidiaCOM · shares −11% · price +19.7% | 2.7% | $2.30B | +$379.0M | ||||||||
| NetflixCOM · shares +12% · price +53.9% | 2.7% | $2.30B | +$719.3M | ||||||||
| TSMCSPONSORED ADR · shares −1.3% · price +10.4% | 2.3% | $1.93B | +$181.7M | ||||||||
| MercadoLibreCOM · shares −6.8% · price +13.3% | 2.2% | $1.89B | +$221.0M | ||||||||
| Tal Education Group ADRADS REPSTG COM · shares +92% · price +24.8% | 2.2% | $1.84B | +$190.6M | ||||||||
| Ferrari NvCOM · shares −1.2% · price +14.2% | 2.1% | $1.76B | +$218.9M | ||||||||
| Fiat Chrysler AutomobilesSHS · shares −1.4% · price +13.4% | 1.8% | $1.57B | +$184.6M | ||||||||
| Intuitive SurgicalCOM NEW · shares −3.4% · price +13.1% | 1.5% | $1.26B | +$146.1M | ||||||||
| Moody's CorporationCOM · shares −0.6% · price +9.3% | 1.3% | $1.07B | +$90.7M | ||||||||
| Anthem IncCOM · shares −0.4% · price −2.4% | 1.3% | $1.07B | −$25.8M | ||||||||
| MastercardCL A · shares +1.3% · price +15.7% | 1.2% | $988.5M | +$132.6M | ||||||||
| Grubhub IncCOM · shares +3.8% · price +41.3% | 1.0% | $879.3M | +$247.7M | ||||||||
| WorkdayCL A · shares −2.7% · price +24.9% | 1.0% | $876.7M | +$175.0M | ||||||||
| Netease.Com ADRSPONSORED ADR · shares +15% · price −18.7% | 1.0% | $864.8M | −$172.7M | ||||||||
| Bluebird Bio IncCOM · shares −2.8% · price −4.1% | 1.0% | $860.9M | −$37.1M | ||||||||
| Royal Crbn.CruisesCOM · shares −29% · price −1.3% | 0.96% | $820.3M | −$10.7M | ||||||||
| Marketaxess HoldingsCOM · shares +13% · price +7.8% | 0.93% | $796.1M | +$50.8M | ||||||||
| Total · 204 positions | 100% | $85.27B | +$5.22B |
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 Q4 2017 to Q1 2018: 198 stocks held throughout, up $5.22B (+6.8%).
- Amazon+$1.62B+24%
- Netflix+$719.3M+54%
- Alibaba+$496.8M+6%
- Nvidia+$379.0M+20%
- Illumina+$316.9M+8%
- Leucadia National−$51.7M−14%
- Netease.Com ADR−$172.7M−19%
- Baidu−$236.8M−5%
- Meta−$336.3M−9%
- Tesla−$577.7M−15%
Estimated as in the holdings table: shares held at both quarter ends times the change in price; options left out.
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 ↗ |