13F filer · CIK 1088875 ↗
Baillie Gifford & Co
You are looking at Q1 2023. See the latest, Q2 2026 →
Reported value
$110.83B
+15% on the quarter before
Positions
454
5 new · 39 sold out
Top 10
40.4%
of the value
Est. gain
+$16.10B
on stocks held all quarter
Est. return
+17.7%
on those stocks since Q4 2022
Positions as of Mar 31, 2023, 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, 61% of the reported value, each sized by its share, colored by what the fund did with it since Q4 2022. Striped tiles are options.
Largest buys
Since Q4 2022, 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.
- AMD~$855.4MAdded · 0.0% → 0.8%+8,728,172 shares
- Samsara~$371.0MNew · 0.0% → 0.3%+18,813,062 shares
- Solaredge Technologies Inc~$271.6MAdded · 0.0% → 0.3%+893,639 shares
- Moderna Inc~$257.9MAdded · 8.4% → 6.4%+1,679,425 shares
- Floor & Decor Holdings~$250.8MAdded · 0.0% → 0.2%+2,553,950 shares
- Scp Pool Corporation~$226.0MAdded · 0.0% → 0.2%+659,984 shares
- Advanced Drainage Systems~$206.2MAdded · 0.0% → 0.2%+2,448,435 shares
- Duolingo Inc~$173.2MAdded · 0.2% → 0.6%+1,214,871 shares
- Sea~$150.3MAdded · 1.1% → 1.7%+1,736,996 shares
- Meta~$124.7MAdded · 0.3% → 0.6%+588,271 shares
Largest sells
Since Q4 2022, 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.
- Salesforce~$439.2MSold out · 0.5% → 0.0%−3,312,517 shares
- Illumina~$388.3MCut · 3.5% → 3.2%−1,669,745 shares
- Nvidia~$379.1MCut · 2.6% → 4.0%−1,364,756 shares
- First Republic Bank~$332.6MSold out · 0.3% → 0.0%−2,728,854 shares
- Alphabet~$326.1MCut · 1.0% → 0.8%−3,135,152 shares
- Elevance Health Inc~$265.8MCut · 2.0% → 1.3%−578,029 shares
- Booking Holdings Inc~$251.0MCut · 0.6% → 0.4%−94,626 shares
- Aj Gallagher & Co~$194.9MCut · 1.1% → 0.8%−1,018,706 shares
- Tesla~$157.6MCut · 3.4% → 4.9%−759,855 shares
- Alnylam Pharmaceuticals~$154.0MCut · 2.3% → 1.6%−768,730 shares
Holdings
As of Mar 31, 2023. Changes are in shares against Dec 31, 2022, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| MercadoLibreCOM · shares +0.04% · price +55.8% | 7.3% | $8.08B | +$2.89B | ||||||||
| Moderna IncCOM · shares +3.7% · price −14.5% | 6.4% | $7.14B | −$1.17B | ||||||||
| TeslaCOM · shares −2.8% · price +68.4% | 4.9% | $5.41B | +$2.20B | ||||||||
| NvidiaCOM · shares −7.9% · price +90.1% | 4.0% | $4.45B | +$2.11B | ||||||||
| AmazonCOM · shares +2.1% · price +23.0% | 3.6% | $3.99B | +$729.8M | ||||||||
| Spotify Technology SaSHS · shares −1.6% · price +69.2% | 3.3% | $3.67B | +$1.50B | ||||||||
| IlluminaCOM · shares −10.0% · price +15.0% | 3.2% | $3.51B | +$457.5M | ||||||||
| Shopify 'A'CL A · shares −1.8% · price +38.1% | 3.1% | $3.41B | +$940.9M | ||||||||
| The Trade DeskCOM CL A · shares −2.8% · price +35.9% | 2.5% | $2.79B | +$737.0M | ||||||||
| NetflixCOM · shares −3.8% · price +17.2% | 2.1% | $2.31B | +$338.4M | ||||||||
| PDD HoldingsSPONSORED ADS · shares −1.5% · price −6.9% | 1.9% | $2.14B | −$159.3M | ||||||||
| Dexcom IncCOM · shares −0.8% · price +2.6% | 1.8% | $1.99B | +$50.4M | ||||||||
| Ferrari NvCOM · shares −3.7% · price +26.8% | 1.8% | $1.99B | +$420.8M | ||||||||
| SeaADR · shares +8.6% · price +66.3% | 1.7% | $1.90B | +$699.2M | ||||||||
| CoupangCL A · shares −2.7% · price +8.8% | 1.6% | $1.79B | +$144.6M | ||||||||
| Alnylam PharmaceuticalsCOM · shares −8.2% · price −15.7% | 1.6% | $1.73B | −$322.5M | ||||||||
| MicrosoftCOM · shares −5.2% · price +20.2% | 1.5% | $1.62B | +$272.4M | ||||||||
| CloudflareCL A COM · shares −2.3% · price +36.4% | 1.4% | $1.59B | +$423.1M | ||||||||
| WorkdayCL A · shares −0.8% · price +23.4% | 1.4% | $1.51B | +$287.4M | ||||||||
| Elevance Health IncCOM · shares −15% · price −10.4% | 1.3% | $1.47B | −$170.0M | ||||||||
| RobloxCL A · shares −1.5% · price +58.0% | 1.2% | $1.30B | +$479.1M | ||||||||
| Atlassian Corp PlcCL A · shares −2.2% · price +33.0% | 1.2% | $1.28B | +$317.7M | ||||||||
| Moody's CorporationCOM · shares −7.0% · price +9.8% | 1.1% | $1.27B | +$113.3M | ||||||||
| Nio Inc ADRSPON ADS · shares −0.8% · price +7.8% | 1.1% | $1.26B | +$91.3M | ||||||||
| Intuitive SurgicalCOM NEW · shares −2.1% · price −3.7% | 0.96% | $1.07B | −$41.3M | ||||||||
| Total · 454 positions | 100% | $110.83B | +$16.10B |
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 2022 to Q1 2023: 448 stocks held throughout, up $16.10B (+17.7%).
- MercadoLibre+$2.89B+56%
- Tesla+$2.20B+68%
- Nvidia+$2.11B+90%
- Spotify Technology Sa+$1.50B+69%
- Shopify 'A'+$940.9M+38%
- Elevance Health Inc−$170.0M−10%
- Biontech ADR−$193.4M−17%
- Charles Schwab−$234.8M−37%
- Alnylam Pharmaceuticals−$322.5M−16%
- Moderna Inc−$1.17B−14%
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 ↗ |