13F filer · CIK 1088875 ↗
Baillie Gifford & Co
You are looking at Q4 2018. See the latest, Q2 2026 →
Reported value
$76.98B
−17% on the quarter before
Positions
226
7 new · 5 sold out
Top 10
46.2%
of the value
Est. gain
−$16.21B
on stocks held all quarter
Est. return
−18.0%
on those stocks since Q3 2018
Positions as of Dec 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
The 24 largest positions, 65% of the reported value, each sized by its share, colored by what the fund did with it since Q3 2018. Striped tiles are options.
Largest buys
Since Q3 2018, 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.
- Alibaba~$272.7MAdded · 8.1% → 8.4%+1,989,666 shares
- Spotify Technology Sa~$271.1MAdded · 3.0% → 2.6%+2,388,913 shares
- Service Corp.Intl.~$153.8MAdded · 0.4% → 0.6%+3,819,041 shares
- Itau Unibanco Holding Sa-ADR~$148.0MAdded · 0.3% → 0.5%+16,191,708 shares
- Kirby~$133.9MAdded · 0.5% → 0.7%+1,987,646 shares
- Petrobras Common ADR~$126.3MAdded · 0.2% → 0.5%+9,704,859 shares
- Tencent Music Entertainment ADR~$108.4MNew · 0.0% → 0.1%+8,196,089 shares
- Shopify 'A'~$93.4MAdded · 0.6% → 0.7%+674,648 shares
- Abiomed~$85.9MAdded · 0.4% → 0.5%+264,252 shares
- Wayfair Inc Class A~$83.6MAdded · 0.5% → 0.4%+927,813 shares
Largest sells
Since Q3 2018, 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.
- TSMC~$436.1MCut · 1.8% → 1.3%−11,815,975 shares
- Seattle Genetics~$383.2MCut · 1.1% → 0.5%−6,763,686 shares
- Ctrip.Com Intl Sponsored ADR~$139.7MCut · 2.1% → 1.7%−5,163,312 shares
- Fiat Chrysler Automobiles~$116.5MCut · 1.4% → 1.2%−8,032,844 shares
- Verisk Analytics~$83.5MCut · 0.6% → 0.5%−766,197 shares
- China Biologic Products Holdings Inc~$70.6MSold out · 0.1% → 0.0%−882,105 shares
- Martin Marietta Materials~$62.0MCut · 0.6% → 0.7%−360,692 shares
- Baidu~$57.7MCut · 4.6% → 3.7%−363,960 shares
- Td Ameritrade Holding Corp~$57.0MCut · 0.5% → 0.5%−1,163,733 shares
- Intuitive Surgical~$55.3MCut · 1.4% → 1.4%−115,475 shares
Holdings
As of Dec 31, 2018. Changes are in shares against Sep 30, 2018, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| AmazonCOM · shares +0.01% · price −25.0% | 8.9% | $6.81B | −$2.27B | ||||||||
| AlibabaSPONSORED ADS · shares +4.4% · price −16.8% | 8.4% | $6.48B | −$1.25B | ||||||||
| IlluminaCOM · shares −0.4% · price −18.3% | 6.3% | $4.82B | −$1.08B | ||||||||
| TeslaCOM · shares +0.8% · price +25.7% | 5.7% | $4.40B | +$892.9M | ||||||||
| BaiduSPON ADR REP A · shares −2.0% · price −30.6% | 3.7% | $2.87B | −$1.27B | ||||||||
| AlphabetCAP STK CL C · shares −0.2% · price −13.2% | 3.1% | $2.39B | −$364.1M | ||||||||
| MetaCL A · shares −0.02% · price −20.3% | 2.9% | $2.23B | −$567.0M | ||||||||
| NetflixCOM · shares +1.8% · price −28.5% | 2.7% | $2.04B | −$797.9M | ||||||||
| Spotify Technology SaSHS · shares +16% · price −37.2% | 2.6% | $1.99B | −$1.02B | ||||||||
| MercadoLibreCOM · shares +2.3% · price −14.0% | 2.0% | $1.53B | −$242.4M | ||||||||
| Ferrari NvCOM · shares +0.3% · price −28.0% | 1.8% | $1.42B | −$549.1M | ||||||||
| Ctrip.Com Intl Sponsored ADRAMERICAN DEP SHS · shares −9.7% · price −27.2% | 1.7% | $1.30B | −$487.4M | ||||||||
| Tal Education Group ADRADS REPSTG COM · shares −1.0% · price +3.8% | 1.6% | $1.26B | +$46.0M | ||||||||
| Anthem IncCOM · shares +0.2% · price −4.2% | 1.5% | $1.17B | −$50.8M | ||||||||
| MastercardCL A · shares +3.8% · price −15.3% | 1.4% | $1.11B | −$192.9M | ||||||||
| Intuitive SurgicalCOM NEW · shares −5.0% · price −16.6% | 1.4% | $1.05B | −$207.6M | ||||||||
| TSMCSPONSORED ADR · shares −31% · price −16.4% | 1.3% | $980.6M | −$192.6M | ||||||||
| WorkdayCL A · shares −5.2% · price +9.4% | 1.3% | $978.5M | +$83.9M | ||||||||
| Fiat Chrysler AutomobilesSHS · shares −11% · price −17.6% | 1.2% | $933.3M | −$199.1M | ||||||||
| NvidiaCOM · shares −1.0% · price −52.5% | 1.1% | $880.4M | −$972.8M | ||||||||
| Marketaxess HoldingsCOM · shares +9.1% · price +18.4% | 1.1% | $849.1M | +$120.9M | ||||||||
| Moody's CorporationCOM · shares +0.10% · price −16.2% | 1.1% | $839.5M | −$162.7M | ||||||||
| Visa Inc.COM CL A · shares −0.1% · price −12.1% | 1.0% | $797.4M | −$109.7M | ||||||||
| SalesforceCOM · shares −2.9% · price −13.9% | 0.96% | $738.5M | −$118.9M | ||||||||
| Grubhub IncCOM · shares +9.6% · price −44.6% | 0.93% | $718.3M | −$527.3M | ||||||||
| Total · 226 positions | 100% | $76.98B | −$16.21B |
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 2018 to Q4 2018: 219 stocks held throughout, down $16.21B (−18.0%).
- Tesla+$892.9M+26%
- Marketaxess Holdings+$120.9M+18%
- Icici Bank ADR+$111.3M+21%
- Workday+$83.9M+9%
- Banco Bradesco Pn ADR+$55.9M+40%
- Spotify Technology Sa−$1.02B−37%
- Illumina−$1.08B−18%
- Alibaba−$1.25B−17%
- Baidu−$1.27B−31%
- Amazon−$2.27B−25%
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 ↗ |