13F filer · CIK 1088875 ↗
Baillie Gifford & Co
You are looking at Q2 2025. See the latest, Q2 2026 →
Reported value
$133.89B
+17% on the quarter before
Positions
264
19 new · 20 sold out
Top 10
46.1%
of the value
Est. gain
+$24.65B
on stocks held all quarter
Est. return
+23.9%
on those stocks since Q1 2025
Positions as of Jun 30, 2025, 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 Q1 2025. Striped tiles are options.
Largest buys
Since Q1 2025, 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.
- Reddit~$863.1MAdded · 0.1% → 0.7%+5,732,328 shares
- Tempus AI~$768.5MNew · 0.0% → 0.6%+12,094,029 shares
- AppLovin~$395.5MAdded · 1.2% → 1.7%+1,129,874 shares
- Dollar General Corp~$383.8MNew · 0.0% → 0.3%+3,355,848 shares
- Nvidia~$342.8MAdded · 4.4% → 5.8%+2,169,613 shares
- Samsara~$342.8MAdded · 1.2% → 1.3%+8,616,250 shares
- Sea~$335.5MAdded · 4.5% → 5.0%+2,097,452 shares
- Ftai Aviation~$295.6MNew · 0.0% → 0.2%+2,569,289 shares
- Dexcom Inc~$220.4MAdded · 0.8% → 1.1%+2,525,365 shares
- Msci~$207.9MNew · 0.0% → 0.2%+360,514 shares
Largest sells
Since Q1 2025, 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.
- Shopify 'A'~$2.09BCut · 4.7% → 3.3%−18,129,676 shares
- Beone Medicines Ltd~$988.2MSold out · 0.9% → 0.0%−3,630,710 shares
- Workday~$964.0MCut · 1.1% → 0.3%−4,016,845 shares
- Spotify Technology Sa~$928.5MCut · 5.2% → 5.5%−1,210,072 shares
- DoorDash~$730.0MCut · 1.9% → 1.7%−2,961,440 shares
- MercadoLibre~$728.7MCut · 6.4% → 6.8%−278,805 shares
- Elastic~$698.9MSold out · 0.6% → 0.0%−7,843,557 shares
- PDD Holdings~$593.9MCut · 4.1% → 2.7%−5,674,566 shares
- Microsoft~$493.7MCut · 2.3% → 2.2%−992,580 shares
- Cloudflare~$372.2MCut · 2.7% → 3.7%−1,900,690 shares
Holdings
As of Jun 30, 2025. Changes are in shares against Mar 31, 2025, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| MercadoLibreCOM · shares −7.4% · price +34.0% | 6.8% | $9.16B | +$2.32B | ||||||||
| NvidiaCOM · shares +4.6% · price +45.8% | 5.8% | $7.75B | +$2.33B | ||||||||
| Spotify Technology SaSHS · shares −11% · price +39.5% | 5.5% | $7.39B | +$2.09B | ||||||||
| AmazonCOM · shares −4.4% · price +15.3% | 5.5% | $7.30B | +$969.9M | ||||||||
| SeaADR · shares +5.3% · price +22.6% | 5.0% | $6.66B | +$1.16B | ||||||||
| NetflixCOM · shares −3.3% · price +43.6% | 3.9% | $5.23B | +$1.59B | ||||||||
| CloudflareCL A COM · shares −6.9% · price +73.8% | 3.7% | $5.00B | +$2.12B | ||||||||
| CoupangCL A · shares +3.6% · price +36.6% | 3.6% | $4.82B | +$1.25B | ||||||||
| Shopify 'A'CL A · shares −32% · price +20.8% | 3.3% | $4.35B | +$750.1M | ||||||||
| MetaCL A · shares −7.1% · price +28.1% | 3.0% | $4.02B | +$881.9M | ||||||||
| PDD HoldingsSPONSORED ADS · shares −14% · price −11.6% | 2.7% | $3.60B | −$470.6M | ||||||||
| Nu Holdings Ltd.ORD SHS CL A · shares −1.6% · price +34.0% | 2.7% | $3.58B | +$908.2M | ||||||||
| MicrosoftCOM · shares −14% · price +32.5% | 2.2% | $3.00B | +$735.7M | ||||||||
| RobloxCL A · shares −4.0% · price +80.5% | 2.1% | $2.78B | +$1.24B | ||||||||
| AppLovinCOM CL A · shares +21% · price +32.1% | 1.7% | $2.24B | +$448.6M | ||||||||
| DoorDashCOM · shares −25% · price +34.9% | 1.7% | $2.22B | +$572.9M | ||||||||
| The Trade DeskCOM CL A · shares −2.3% · price +31.6% | 1.7% | $2.21B | +$530.2M | ||||||||
| Ferrari NvCOM · shares −7.9% · price +15.3% | 1.6% | $2.08B | +$275.7M | ||||||||
| SamsaraCOM CL A · shares +24% · price +3.8% | 1.3% | $1.75B | +$51.2M | ||||||||
| Atlassian Corp PlcCL A · shares −1.9% · price −4.3% | 1.3% | $1.73B | −$77.8M | ||||||||
| Intuitive SurgicalCOM NEW · shares −1.9% · price +9.7% | 1.3% | $1.69B | +$149.9M | ||||||||
| DatadogCOM · shares −2.6% · price +35.4% | 1.2% | $1.61B | +$419.9M | ||||||||
| Dexcom IncCOM · shares +18% · price +27.8% | 1.1% | $1.46B | +$269.4M | ||||||||
| Alnylam PharmaceuticalsCOM · shares −17% · price +20.8% | 0.74% | $988.7M | +$170.0M | ||||||||
| RedditCL A · shares +764% · price +43.5% | 0.73% | $976.0M | +$34.3M | ||||||||
| Total · 264 positions | 100% | $133.89B | +$24.65B |
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 Q1 2025 to Q2 2025: 245 stocks held throughout, up $24.65B (+23.9%).
- Nvidia+$2.33B+46%
- MercadoLibre+$2.32B+34%
- Cloudflare+$2.12B+74%
- Spotify Technology Sa+$2.09B+40%
- Netflix+$1.59B+44%
- Aurora Innovation−$113.8M−22%
- Sweetgreen−$118.7M−41%
- Unitedhealth−$146.5M−40%
- Enphase Energy Inc−$201.1M−36%
- PDD Holdings−$470.6M−12%
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 ↗ |