13F filer · CIK 1088875 ↗
Baillie Gifford & Co
You are looking at Q3 2025. See the latest, Q2 2026 →
Reported value
$135.00B
+0.8% on the quarter before
Positions
265
19 new · 18 sold out
Top 10
44.7%
of the value
Est. gain
+$7.95B
on stocks held all quarter
Est. return
+6.4%
on those stocks since Q2 2025
Positions as of Sep 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 Q2 2025. Striped tiles are options.
Largest buys
Since Q2 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.
- Rocket Lab Corp~$370.6MAdded · 0.1% → 0.4%+7,734,788 shares
- The Ensign Group~$238.8MAdded · 0.2% → 0.4%+1,382,035 shares
- Duolingo Inc~$202.4MAdded · 0.7% → 0.7%+628,943 shares
- Coinbase~$198.2MNew · 0.0% → 0.1%+587,422 shares
- Msci~$187.8MAdded · 0.2% → 0.3%+331,040 shares
- Knife River~$169.0MNew · 0.0% → 0.1%+2,198,771 shares
- Figma Inc~$154.2MNew · 0.0% → 0.1%+2,973,627 shares
- Kanzhun ADR~$125.7MAdded · 0.0% → 0.1%+5,379,565 shares
- Heartflow~$101.2MNew · 0.0% → 0.1%+3,005,998 shares
- Arm Hdgs ADR~$90.7MNew · 0.0% → 0.1%+640,877 shares
Largest sells
Since Q2 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.
- Cloudflare~$788.9MCut · 3.7% → 3.5%−3,676,391 shares
- Spotify Technology Sa~$651.6MCut · 5.5% → 4.5%−933,562 shares
- Nvidia~$469.0MCut · 5.8% → 6.4%−2,513,825 shares
- MercadoLibre~$439.9MCut · 6.8% → 5.7%−188,229 shares
- Roblox~$426.9MCut · 2.1% → 2.4%−3,081,802 shares
- Amazon~$359.1MCut · 5.5% → 5.1%−1,635,246 shares
- Shopify 'A'~$342.4MCut · 3.3% → 3.9%−2,304,285 shares
- PDD Holdings~$340.2MCut · 2.7% → 3.1%−2,573,709 shares
- Coupang~$338.7MCut · 3.6% → 3.6%−10,517,202 shares
- Netflix~$305.1MCut · 3.9% → 3.2%−254,458 shares
Holdings
As of Sep 30, 2025. Changes are in shares against Jun 30, 2025, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| NvidiaCOM · shares −5.1% · price +18.1% | 6.4% | $8.69B | +$1.33B | ||||||||
| MercadoLibreCOM · shares −5.4% · price −10.6% | 5.7% | $7.75B | −$917.9M | ||||||||
| SeaADR · shares −3.7% · price +11.7% | 5.3% | $7.17B | +$753.3M | ||||||||
| AmazonCOM · shares −4.9% · price +0.1% | 5.1% | $6.95B | +$5.7M | ||||||||
| Spotify Technology SaSHS · shares −9.7% · price −9.0% | 4.5% | $6.07B | −$602.9M | ||||||||
| Shopify 'A'CL A · shares −6.1% · price +28.8% | 3.9% | $5.27B | +$1.18B | ||||||||
| CoupangCL A · shares −6.5% · price +7.5% | 3.6% | $4.84B | +$336.9M | ||||||||
| CloudflareCL A COM · shares −14% · price +9.6% | 3.5% | $4.69B | +$409.9M | ||||||||
| AppLovinCOM CL A · shares −2.4% · price +105.3% | 3.3% | $4.49B | +$2.30B | ||||||||
| NetflixCOM · shares −6.5% · price −10.5% | 3.2% | $4.37B | −$511.6M | ||||||||
| PDD HoldingsSPONSORED ADS · shares −7.5% · price +26.3% | 3.1% | $4.20B | +$874.8M | ||||||||
| Nu Holdings Ltd.ORD SHS CL A · shares −3.6% · price +16.7% | 3.0% | $4.03B | +$575.8M | ||||||||
| MetaCL A · shares −3.0% · price −0.5% | 2.9% | $3.89B | −$19.6M | ||||||||
| RobloxCL A · shares −12% · price +31.7% | 2.4% | $3.23B | +$776.2M | ||||||||
| MicrosoftCOM · shares −2.8% · price +4.1% | 2.2% | $3.04B | +$120.4M | ||||||||
| DoorDashCOM · shares −8.0% · price +10.3% | 1.7% | $2.25B | +$210.7M | ||||||||
| Ferrari ADRADR · shares −7.4% · price −1.0% | 1.4% | $1.91B | −$19.0M | ||||||||
| DatadogCOM · shares −4.5% · price +6.0% | 1.2% | $1.63B | +$92.1M | ||||||||
| SamsaraCOM CL A · shares −5.6% · price −6.4% | 1.1% | $1.54B | −$104.9M | ||||||||
| The Trade DeskCOM CL A · shares −5.2% · price −31.9% | 1.1% | $1.43B | −$669.1M | ||||||||
| RedditCL A · shares −5.8% · price +52.7% | 1.0% | $1.40B | +$485.0M | ||||||||
| Atlassian Corp PlcCL A · shares −4.8% · price −21.4% | 0.96% | $1.30B | −$352.1M | ||||||||
| Alnylam PharmaceuticalsCOM · shares −8.0% · price +39.8% | 0.94% | $1.27B | +$362.4M | ||||||||
| Intuitive SurgicalCOM NEW · shares −16% · price −17.7% | 0.86% | $1.16B | −$250.3M | ||||||||
| Dexcom IncCOM · shares −4.9% · price −22.9% | 0.79% | $1.07B | −$317.6M | ||||||||
| Total · 265 positions | 100% | $135.00B | +$7.95B |
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 Q2 2025 to Q3 2025: 246 stocks held throughout, up $7.95B (+6.4%).
- AppLovin+$2.30B+105%
- Nvidia+$1.33B+18%
- Shopify 'A'+$1.18B+29%
- PDD Holdings+$874.8M+26%
- Roblox+$776.2M+32%
- Atlassian Corp Plc−$352.1M−21%
- Netflix−$511.6M−10%
- Spotify Technology Sa−$602.9M−9%
- The Trade Desk−$669.1M−32%
- MercadoLibre−$917.9M−11%
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 ↗ |