13F filer · CIK 1088875 ↗
Baillie Gifford & Co
You are looking at Q4 2023. See the latest, Q2 2026 →
Reported value
$126.19B
+15% on the quarter before
Positions
288
15 new · 16 sold out
Top 10
40.5%
of the value
Est. gain
+$17.58B
on stocks held all quarter
Est. return
+17.0%
on those stocks since Q3 2023
Positions as of Dec 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 Q3 2023. Striped tiles are options.
Largest buys
Since Q3 2023, 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.
- Enphase Energy Inc~$539.0MAdded · 0.0% → 0.4%+4,078,723 shares
- Block~$446.4MAdded · 0.0% → 0.4%+5,771,310 shares
- Coupang~$418.4MAdded · 1.9% → 1.9%+25,843,034 shares
- Meta~$381.5MAdded · 1.2% → 1.5%+1,077,738 shares
- Atlassian Corp Plc~$359.5MAdded · 1.3% → 1.7%+1,511,318 shares
- PDD Holdings~$335.4MAdded · 3.2% → 4.4%+2,292,068 shares
- Sea~$325.9MAdded · 1.0% → 1.1%+8,045,977 shares
- Insulet~$263.1MNew · 0.0% → 0.2%+1,212,759 shares
- Inspire Medical Systems~$246.6MAdded · 0.0% → 0.2%+1,212,175 shares
- Texas Instruments~$236.2MAdded · 0.1% → 0.2%+1,385,725 shares
Largest sells
Since Q3 2023, 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.
- MercadoLibre~$1.02BCut · 7.0% → 6.7%−648,605 shares
- Tesla~$895.7MCut · 5.1% → 3.7%−3,604,862 shares
- Illumina~$723.3MCut · 1.3% → 0.6%−5,194,534 shares
- The Trade Desk~$267.0MCut · 3.2% → 2.3%−3,710,749 shares
- Netflix~$235.1MCut · 1.8% → 1.9%−482,908 shares
- Alnylam Pharmaceuticals~$228.9MCut · 1.3% → 1.1%−1,196,042 shares
- Spotify Technology Sa~$218.9MCut · 3.5% → 3.5%−1,165,028 shares
- Duolingo Inc~$203.1MCut · 0.7% → 0.6%−895,203 shares
- Adobe~$192.7MCut · 0.4% → 0.2%−323,021 shares
- Costar Group~$184.8MCut · 0.8% → 0.7%−2,114,502 shares
Holdings
As of Dec 31, 2023. Changes are in shares against Sep 30, 2023, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| MercadoLibreCOM · shares −11% · price +24.0% | 6.7% | $8.46B | +$1.63B | ||||||||
| NvidiaCOM · shares −0.07% · price +13.8% | 5.4% | $6.82B | +$829.5M | ||||||||
| AmazonCOM · shares −1.6% · price +19.5% | 4.9% | $6.18B | +$1.01B | ||||||||
| PDD HoldingsSPONSORED ADS · shares +6.4% · price +49.2% | 4.4% | $5.55B | +$1.72B | ||||||||
| Shopify 'A'CL A · shares +2.3% · price +42.8% | 4.0% | $5.00B | +$1.46B | ||||||||
| TeslaCOM · shares −16% · price −0.7% | 3.7% | $4.65B | −$32.5M | ||||||||
| Moderna IncCOM · shares +0.01% · price −3.7% | 3.6% | $4.54B | −$175.3M | ||||||||
| Spotify Technology SaSHS · shares −4.7% · price +21.5% | 3.5% | $4.45B | +$787.1M | ||||||||
| The Trade DeskCOM CL A · shares −8.3% · price −7.9% | 2.3% | $2.95B | −$253.7M | ||||||||
| CloudflareCL A COM · shares −0.4% · price +32.1% | 2.0% | $2.58B | +$625.6M | ||||||||
| NetflixCOM · shares −9.1% · price +28.9% | 1.9% | $2.36B | +$529.0M | ||||||||
| CoupangCL A · shares +22% · price −4.8% | 1.9% | $2.36B | −$96.9M | ||||||||
| Ferrari NvCOM · shares −5.6% · price +13.8% | 1.8% | $2.29B | +$278.0M | ||||||||
| Atlassian Corp PlcCL A · shares +21% · price +18.0% | 1.7% | $2.09B | +$265.2M | ||||||||
| Dexcom IncCOM · shares −1.0% · price +33.0% | 1.6% | $2.05B | +$508.7M | ||||||||
| MicrosoftCOM · shares −4.6% · price +19.1% | 1.5% | $1.93B | +$310.1M | ||||||||
| WorkdayCL A · shares −1.6% · price +28.5% | 1.5% | $1.92B | +$426.8M | ||||||||
| MetaCL A · shares +25% · price +17.9% | 1.5% | $1.89B | +$229.8M | ||||||||
| AMDCOM · shares −1.2% · price +43.4% | 1.2% | $1.50B | +$452.6M | ||||||||
| Elevance Health IncCOM · shares +0.9% · price +8.3% | 1.2% | $1.46B | +$110.6M | ||||||||
| Moody's CorporationCOM · shares −4.0% · price +23.5% | 1.1% | $1.42B | +$270.7M | ||||||||
| SeaADR · shares +31% · price −7.8% | 1.1% | $1.38B | −$90.2M | ||||||||
| Intuitive SurgicalCOM NEW · shares −0.6% · price +15.4% | 1.1% | $1.37B | +$183.3M | ||||||||
| Alnylam PharmaceuticalsCOM · shares −15% · price +8.1% | 1.1% | $1.33B | +$99.7M | ||||||||
| Martin Marietta MaterialsCOM · shares −4.6% · price +21.5% | 1.0% | $1.31B | +$233.0M | ||||||||
| Total · 288 positions | 100% | $126.19B | +$17.58B |
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 2023 to Q4 2023: 273 stocks held throughout, up $17.58B (+17.0%).
- PDD Holdings+$1.72B+49%
- MercadoLibre+$1.63B+24%
- Shopify 'A'+$1.46B+43%
- Amazon+$1.01B+20%
- Nvidia+$829.5M+14%
- Solaredge Technologies Inc−$62.1M−28%
- Sea−$90.2M−8%
- Coupang−$96.9M−5%
- Moderna Inc−$175.3M−4%
- The Trade Desk−$253.7M−8%
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 ↗ |