Baillie Gifford & Co 13F, Q1 2025
Baillie Gifford · quarter ending 31 March 2025 · filed 7 May 2025 · SEC CIK 1088875
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q1 2025
The 25 largest of 265 positions. Weights are against the whole filed book. Changes are in shares held, against the Q4 2024 filing.
| Company | Ticker | Value | % of book | vs Q4 2024 |
|---|---|---|---|---|
| MercadoLibre | MELI | $7.38B | 6.4% | -12% shares |
| Amazon.Com | AMZN | $6.63B | 5.8% | -3% shares |
| Spotify Technology SA | $5.96B | 5.2% | -18% shares | |
| Shopify 'A' | SHOP | $5.34B | 4.7% | -7% shares |
| Sea Ltd ADR | SE | $5.16B | 4.5% | -4% shares |
| NVIDIA | NVDA | $5.08B | 4.4% | -11% shares |
| PDD Holdings Inc | PDD | $4.74B | 4.1% | +5% shares |
| Netflix Inc | NFLX | $3.76B | 3.3% | -10% shares |
| Coupang | CPNG | $3.40B | 3.0% | -4% shares |
| Meta Platforms Inc | META | $3.38B | 3.0% | unchanged |
| Cloudflare Inc | NET | $3.09B | 2.7% | -14% shares |
| Nu Holdings Ltd. | $2.72B | 2.4% | +18% shares | |
| Microsoft | MSFT | $2.64B | 2.3% | -5% shares |
| Doordash Inc | DASH | $2.18B | 1.9% | -10% shares |
| Ferrari NV | $1.96B | 1.7% | -16% shares | |
| Atlassian Corp Plc | TEAM | $1.85B | 1.6% | +7% shares |
| The Trade Desk | TTD | $1.72B | 1.5% | -11% shares |
| Roblox | RBLX | $1.60B | 1.4% | unchanged |
| Intuitive Surgical | ISRG | $1.57B | 1.4% | -16% shares |
| AppLovin | APP | $1.40B | 1.2% | +29% shares |
| Samsara | IOT | $1.35B | 1.2% | +7% shares |
| Workday Inc | WDAY | $1.31B | 1.1% | -11% shares |
| Datadog | DDOG | $1.22B | 1.1% | +13% shares |
| Elevance Health Inc | ELV | $1.00B | 0.9% | -7% shares |
| BeOne Medicines Ltd | ONC | $988.17M | 0.9% | unchanged |
What changed since Q4 2024
Against the Q4 2024 filing, Baillie Gifford & Co opened 15 new positions, added to 44, trimmed 159, left 47 unchanged and exited 21. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
New positions
and 7 more
Exited
- AMDwas $767.08M
- UPSwas $74.85M
- STAAwas $28.03M
- ABNBwas $10.11M
- Adaptimmune Therapeutics ADRwas $6.37M
- Bolt Projects Holdings Inc.was $1.20M
- GOOSwas $1.15M
- CARGwas $778.9K
and 13 more
Other quarters
Source: SEC Form 13F-HR, accession 0001088875-25-000049, filed by BAILLIE GIFFORD & CO. Values are as filed and cover US-listed positions only; a 13F does not show short positions or holdings outside the US. A 13F may be filed up to 45 days after the quarter ends, so the fund may have traded since. Educational information, not financial advice.