BAILLIE GIFFORD & CO

Long only active ★Signal CIK 1088875
League rank
#11
in Long only active · #3993 overall
Long book
$97.89B
Q1 2026
Positions
271
Top-10 weight
43%
concentration
Last quarter
+11.3%
SPY +14.8%
Turnover
10%
of book per quarter

Strategy in plain words

auto-generated from filings

BAILLIE GIFFORD & CO is an active long-only manager, running a $97.89B US long book across 271 positions.

The portfolio is moderately concentrated (top 10 ≈ 43% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: NVIDIA CORP, AMAZON.COM INC, MERCADOLIBRE INC, SPOTIFY TECHNOLOGY SA, NU HOLDINGS LTD/CAYMAN ISL-A.

Over the last 9 quarters its long book ran on average 1.4pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+4.6%
Q2 2024
+5.6%
Q3 2024
+4.1%
Q4 2024
-4.8%
Q1 2025
+23.2%
Q2 2025
+6.5%
Q3 2025
-7.9%
Q4 2025
-14.7%
Q1 2026
+11.3%

Sector allocation

Technology
37%
Services media
15%
Consumer discretionary
12%
Healthcare
10%
Industrials
10%
Financials
7%
Communications
5%
Other
2%

Long book by quarter

$128.56B
Q1 2024
$128.36B
Q2 2024
$133.63B
Q3 2024
$130.14B
Q4 2024
$114.59B
Q1 2025
$133.89B
Q2 2025
$135.00B
Q3 2025
$120.34B
Q4 2025
$97.89B
Q1 2026

What does BAILLIE GIFFORD own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
NVDA NVIDIA CORPTechnology40.7M$7.11B7.3%-7.1%
AMZN AMAZON.COM INCConsumer discretionary28.1M$5.85B6.0%-4.4%
MELI MERCADOLIBRE INCServices media3.2M$5.59B5.7%-7.1%
SPOT SPOTIFY TECHNOLOGY SACommunications8.2M$3.99B4.1%-1.4%
NU NU HOLDINGS LTD/CAYMAN ISL-AFinancials246.6M$3.54B3.6%-4.2%
SHOP SHOPIFY INC - CLASS ATechnology29.0M$3.44B3.5%-7.0%
NET CLOUDFLARE INC - CLASS ATechnology15.9M$3.29B3.4%-5.3%
APP APPLOVIN CORP-CLASS ATechnology6.7M$2.67B2.7%+8.7%
META META PLATFORMS INC-CLASS ATechnology4.1M$2.35B2.4%-6.8%
CPNG COUPANG INCConsumer discretionary120.7M$2.28B2.3%-17.4%
NFLX NETFLIX INCServices media21.8M$2.10B2.1%-41.0%
IOT SAMSARA INC-CL ATechnology57.5M$1.82B1.9%+20.7%
MSFT MICROSOFT CORPTechnology3.9M$1.44B1.5%-30.1%
RACE FERRARI NVIndustrials3.9M$1.29B1.3%-0.4%
RBLX ROBLOX CORP -CLASS ATechnology21.4M$1.21B1.2%-0.6%
ISRG INTUITIVE SURGICAL INCHealthcare2.6M$1.18B1.2%+0.6%
RKLB ROCKET LAB CORPIndustrials18.4M$1.18B1.2%+3.2%
DASH DOORDASH INC - AServices media7.2M$1.09B1.1%-9.1%
AXON AXON ENTERPRISE INCIndustrials2.5M$1.04B1.1%+49.7%
MRNA MODERNA INCHealthcare20.0M$1.02B1.0%-2.9%
GOOG ALPHABET INC-CL CTechnology3.5M$1.00B1.0%-6.7%
RDDT REDDIT INC-CL ATechnology7.3M$984.2M1.0%+22.2%
DXCM DEXCOM INCHealthcare15.6M$979.7M1.0%+0.3%
ENSG ENSIGN GROUP INC/THEHealthcare4.8M$972.5M1.0%+5.6%
BAP CREDICORP LTDFinancials2.7M$925.8M0.9%+90.5%
ALNY ALNYLAM PHARMACEUTICALS INCHealthcare2.5M$825.1M0.8%-4.1%
RPRX ROYALTY PHARMA PLC- CL AHealthcare16.2M$775.0M0.8%-5.0%
SCI SERVICE CORP INTERNATIONALServices media8.6M$710.0M0.7%-6.1%
MA MASTERCARD INC - AServices media1.4M$682.6M0.7%-6.7%
TEAM ATLASSIAN CORP-CL ATechnology10.0M$680.0M0.7%+18.2%
SYM SYMBOTIC INCIndustrials12.5M$663.9M0.7%+0.3%
RIVN RIVIAN AUTOMOTIVE INC-AIndustrials43.8M$659.5M0.7%+0.1%
MLM MARTIN MARIETTA MATERIALSMaterials1.1M$640.1M0.7%-6.2%
GOOGL ALPHABET INC-CL ATechnology1.9M$559.9M0.6%+2.1%
MMYT MAKEMYTRIP LTDIndustrials15.0M$559.8M0.6%+191.2%
CSGP COSTAR GROUP INCServices media13.6M$549.1M0.6%+5.2%
JOBY JOBY AVIATION INCIndustrials62.4M$515.6M0.5%+25.9%
TSLA TESLA INCIndustrials1.3M$484.1M0.5%-3.0%
DUOL DUOLINGOTechnology4.9M$480.6M0.5%+0.3%
MSCI MSCI INCServices media852.4K$459.4M0.5%+0.7%
MDLN MEDLINE INC-CL AHealthcare10.0M$443.9M0.5%-4.2%
ELF ELF BEAUTY INCOther7.2M$435.7M0.4%+0.1%
PODD INSULET CORPHealthcare2.0M$425.9M0.4%-0.9%
WSO WATSCO INCConsumer discretionary1.1M$413.7M0.4%+24.0%
SNOW SNOWFLAKE INCTechnology2.7M$403.7M0.4%-2.2%
TXN TEXAS INSTRUMENTS INCTechnology2.0M$395.9M0.4%-6.4%
EOG EOG RESOURCES INCEnergy2.7M$393.0M0.4%+1787.4%
TEM TEMPUS AI INC-CL ATechnology8.6M$391.1M0.4%-1.1%
DG DOLLAR GENERAL CORPConsumer discretionary3.2M$374.3M0.4%-4.9%
DDOG DATADOG INC - CLASS ATechnology3.1M$363.8M0.4%-22.2%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 8, 2026906$97.89B canonicalSEC ↗
Q4 202513F-HRJan 23, 2026902$120.34B canonicalSEC ↗
Q3 202513F-HROct 31, 2025905$135.00B canonicalSEC ↗
Q2 202513F-HRAug 6, 2025911$133.89B canonicalSEC ↗
Q1 202513F-HRMay 7, 2025902$114.59B canonicalSEC ↗
Q4 202413F-HRJan 31, 2025892$130.14B canonicalSEC ↗
Q3 202413F-HRNov 5, 2024933$133.63B canonicalSEC ↗
Q2 202413F-HRJul 25, 2024933$128.36B canonicalSEC ↗
Q1 202413F-HRMay 1, 2024953$128.56B canonicalSEC ↗