Asset manager

Baillie Gifford & Co

13F for the quarter to June 30, 2026, filed August 6, 2026 · SEC CIK 1088875

Reported value: $110.2bn
Positions we cover: 249
Copy, a year: +15.7%
Copy Sharpe ratio: 0.64

How copying its 13F would have done

CopyS&P 500 $10,000 copying Baillie Gifford & Co's filed holdings in companies we cover from August 9, 2013, buying on the first trading day after each 13F was filed and holding until the next, against the S&P 500 (total return). Marked weekly, log scale. Before costs and taxes; misses trading within each quarter and anything 13F does not show (shorts, cash, bonds, non-US holdings).

Biggest drop −52.9% (S&P 500 −31.8%); beta 1.23; alpha +0.3% a year (t = 0.09); last 12 months −13.2% against +12.1%.

Reported value by quarter

Baillie Gifford & Co: 13F reported value Total value of all positions in each quarter's 13F, as filed (values before 2023 were filed in thousands of dollars and are converted).

View chart data

Period	Reported value
2013-06-30	$33B
2013-09-30	$39.5B
2013-12-31	$42.3B
2014-03-31	$42.5B
2014-06-30	$46.3B
2014-09-30	$45.6B
2014-12-31	$49.9B
2015-03-31	$52.8B
2015-06-30	$55.6B
2015-09-30	$51.1B
2015-12-31	$57.5B
2016-03-31	$56.8B
2016-06-30	$56.1B
2016-09-30	$63.9B
2016-12-31	$60.8B
2017-03-31	$68.7B
2017-06-30	$74.3B
2017-09-30	$79B
2017-12-31	$80.4B
2018-03-31	$85.3B
2018-06-30	$92.7B
2018-09-30	$92.6B
2018-12-31	$77B
2019-03-31	$91.4B
2019-06-30	$94.3B
2019-09-30	$87.9B
2019-12-31	$103.5B
2020-03-31	$92.3B
2020-06-30	$131.2B
2020-09-30	$145.2B
2020-12-31	$179.7B
2021-03-31	$178.7B
2021-06-30	$205.2B
2021-09-30	$191.1B
2021-12-31	$182.2B
2022-03-31	$142.7B
2022-06-30	$97.5B
2022-09-30	$97B
2022-12-31	$96T
2023-03-31	$110.8B
2023-06-30	$117.6B
2023-09-30	$109.6B
2023-12-31	$126.2B
2024-03-31	$128.6B
2024-06-30	$128.4B
2024-09-30	$133.6B
2024-12-31	$130.1B
2025-03-31	$114.6B
2025-06-30	$133.9B
2025-09-30	$135B
2025-12-31	$120.3B
2026-03-31	$97.9B
2026-06-30	$110.2B

Holdings and moves

Company	Share of portfolio	Value	Shares	Change in shares
SPCXSpace Exploration Technologies Corp	7.97%	$8.8bn	51.40M	New
NVDANVIDIA Corporation	7.60%	$8.4bn	41.89M	+2.8% Added
AMZNAmazon	5.82%	$6.4bn	26.92M	−4.2% Reduced
MELIMercadolibre Inc	4.68%	$5.2bn	3.04M	−6.0% Reduced
SESea Ltd	3.34%	$3.7bn	38.41M	−3.1% Reduced
SPOTSpotify Technology S.a.	3.30%	$3.6bn	7.93M	−3.5% Reduced
NETCloudflare, Inc.	3.25%	$3.6bn	14.60M	−8.3% Reduced
APPApplovin Corp	3.02%	$3.3bn	6.47M	−3.4% Reduced
SHOPShopify Inc.	2.94%	$3.2bn	28.40M	−2.1% Reduced
NUNu Holdings Ltd.	2.79%	$3.1bn	229.93M	−6.7% Reduced
PDDPDD Holdings Inc.	1.84%	$2.0bn	26.59M	−6.2% Reduced
IOTSamsara Inc.	1.66%	$1.8bn	56.36M	−2.0% Reduced
METAMeta Platforms	1.64%	$1.8bn	3.20M	−21.9% Reduced
AXONAxon Enterprise	1.56%	$1.7bn	3.06M	+24.4% Added
CPNGCoupang, Inc.	1.24%	$1.4bn	78.74M	−34.7% Reduced
RACEFerrari N.V.	1.20%	$1.3bn	3.57M	−7.9% Reduced
MRNAModerna	1.16%	$1.3bn	18.21M	−8.9% Reduced
DASHDoorDash	1.14%	$1.3bn	6.81M	−6.0% Reduced
RDDTReddit, Inc.	1.13%	$1.2bn	7.19M	−1.6% Reduced
NFLXNetflix	1.05%	$1.2bn	16.17M	−25.8% Reduced
RBLXRoblox Corp	1.04%	$1.1bn	21.12M	−1.4% Reduced
RKLBRocket Lab Corp	0.96%	$1.1bn	10.38M	−43.6% Reduced
MSFTMicrosoft Corporation	0.92%	$1.0bn	2.71M	−30.0% Reduced
ISRGIntuitive Surgical	0.91%	$1.0bn	2.52M	−1.7% Reduced
GOOGLAlphabet Inc. (Class A)	0.91%	$1.0bn	2.81M	+44.2% Added
DXCMDexcom	0.90%	$996.9m	14.80M	−5.1% Reduced
MAMastercard	0.81%	$886.9m	1.73M	+26.4% Added
QXOQXO, Inc.	0.75%	$827.2m	47.87M	+251.3% Added
ENSGEnsign Group, Inc	0.73%	$806.2m	5.03M	+4.2% Added
PBRPetrobras - Petroleo Brasileiro SA	0.71%	$785.7m	48.62M	+9.4% Added
MMYTMakemytrip Ltd	0.71%	$781.8m	14.67M	−2.3% Reduced
RIVNRivian Automotive, Inc. / DE	0.68%	$749.7m	43.21M	−1.4% Reduced
RYRoyal Bank Of Canada	0.67%	$740.2m	3.58M	+3803766.0% Added
ALNYAlnylam Pharmaceuticals, Inc.	0.67%	$734.5m	2.44M	−2.2% Reduced
SNOWSnowflake Inc.	0.60%	$657.7m	2.58M	−3.4% Reduced
CRHCRH plc	0.58%	$641.5m	5.99M	+1294698.3% Added
MLMMartin Marietta Materials	0.52%	$572.0m	991.8K	−8.8% Reduced
RPRXRoyalty Pharma plc	0.51%	$561.6m	10.02M	−38.0% Reduced
DUOLDuolingo, Inc.	0.50%	$554.9m	4.82M	−1.1% Reduced
SYMSymbotic Inc.	0.50%	$551.3m	12.26M	−1.7% Reduced
JOBYJoby Aviation, Inc.	0.49%	$545.4m	61.14M	−2.1% Reduced
ELFE.l.f. Beauty, Inc.	0.47%	$521.6m	7.05M	−1.9% Reduced
AVGOBroadcom	0.47%	$513.0m	1.36M	+1318.6% Added
AAPLApple Inc.	0.46%	$509.4m	1.76M	+152.9% Added
AFRMAffirm Holdings, Inc.	0.43%	$477.6m	5.86M	+10.5% Added
TEMTempus AI, Inc.	0.43%	$474.5m	8.19M	−5.3% Reduced
WSOWatsco Inc	0.43%	$470.7m	1.13M	−0.7% Reduced
TXNTexas Instruments	0.42%	$461.1m	1.55M	−24.1% Reduced
TSMTaiwan Semiconductor Manufacturing Co LTD	0.42%	$458.8m	960.7K	−25.1% Reduced
MDLNMedline Inc.	0.41%	$447.4m	11.34M	+13.7% Added
MSCIMSCI	0.41%	$445.9m	796.2K	−6.6% Reduced
SCIService Corp International	0.38%	$421.9m	5.55M	−35.5% Reduced
FIXComfort Systems USA	0.38%	$421.5m	212.7K	−5.5% Reduced
ELVElevance Health	0.38%	$418.9m	1.08M	−7.6% Reduced
RYAAYRyanair Holdings PLC	0.36%	$397.3m	6.14M	−33.5% Reduced
AURAurora Innovation, Inc.	0.34%	$376.3m	55.18M	−24.7% Reduced
CSGPCoStar Group	0.34%	$372.5m	13.15M	−3.4% Reduced
PMPhilip Morris International	0.32%	$354.1m	1.96M	+19.1% Added
DDOGDatadog, Inc.	0.32%	$350.8m	1.35M	−56.3% Reduced
CFRCullen/frost Bankers, Inc.	0.31%	$345.1m	2.23M	New
GHGuardant Health, Inc.	0.31%	$342.7m	2.28M	−40.8% Reduced
DGDollar General	0.30%	$333.6m	2.90M	−8.1% Reduced
MCOMoody's Corporation	0.29%	$325.1m	717.9K	−6.1% Reduced
AZOAutoZone	0.29%	$324.1m	101.4K	+26.3% Added
TMOThermo Fisher Scientific	0.29%	$323.7m	645.6K	−7.6% Reduced
ONON Semiconductor Corp	0.29%	$323.7m	3.42M	−20.1% Reduced
EOGEOG Resources	0.29%	$317.9m	2.45M	−9.9% Reduced
CBRECBRE Group	0.28%	$311.3m	2.31M	−7.1% Reduced
PODDInsulet Corporation	0.28%	$310.9m	2.04M	+0.6% Added
MKLMarkel Group Inc.	0.28%	$308.4m	157.9K	−9.8% Reduced
DNLIDenali Therapeutics Inc.	0.28%	$307.6m	11.96M	−0.9% Reduced
TSLATesla, Inc.	0.28%	$307.3m	730.6K	−43.9% Reduced
SNSharkninja, Inc.	0.26%	$291.2m	1.91M	−1.4% Reduced
EQTEQT Corporation	0.26%	$291.0m	5.47M	+39.2% Added
WMSAdvanced Drainage Systems, Inc.	0.26%	$288.1m	1.84M	−10.4% Reduced
KLACKLA Corporation	0.26%	$285.6m	946.6K	New
TEAMAtlassian Corp	0.26%	$284.6m	3.66M	−63.3% Reduced
RELYRemitly Global, Inc.	0.25%	$277.5m	12.38M	+4.8% Added
DEDeere & Company	0.25%	$271.5m	428.1K	−15.2% Reduced
WWayfair Inc.	0.24%	$259.8m	2.81M	−1.8% Reduced
ETNEaton Corporation	0.23%	$255.2m	598.9K	−3.0% Reduced
UTHRUnited Therapeutics Corp	0.23%	$253.1m	467.2K	+9.1% Added
UBERUber	0.23%	$251.4m	3.48M	−5.2% Reduced
MEDPMedpace Holdings, Inc.	0.23%	$250.6m	473.2K	−6.0% Reduced
FCXFreeport-McMoRan	0.21%	$236.7m	3.76M	−5.6% Reduced
ILMNIllumina, Inc.	0.21%	$234.9m	1.34M	−13.0% Reduced
FNFabrinet	0.21%	$233.3m	415.1K	−9.9% Reduced
BCBrunswick Corp	0.21%	$230.8m	2.74M	−5.2% Reduced
KNFKnife River Corp	0.21%	$229.1m	2.74M	+2.7% Added
XYZBlock, Inc.	0.20%	$219.4m	2.89M	+8.3% Added
SUNBSunbelt Rentals Holdings, Inc.	0.20%	$215.1m	2.95M	−5.3% Reduced
ECLEcolab	0.19%	$204.6m	734.2K	+5.6% Added
BROSDutch Bros Inc.	0.18%	$196.7m	2.74M	−8.5% Reduced
NYTNEW York Times Co	0.17%	$191.8m	2.74M	−5.8% Reduced
VALEVale S.a.	0.17%	$189.9m	12.63M	New
IDXXIdexx Laboratories	0.17%	$186.3m	353.8K	New
GRABGrab Holdings Ltd	0.17%	$185.1m	49.10M	+4.8% Added
DKNGDraftkings Inc.	0.16%	$181.3m	7.18M	−0.5% Reduced
LMNDLemonade, Inc.	0.16%	$179.0m	2.75M	−0.6% Reduced
YETIYeti Holdings, Inc.	0.16%	$178.5m	3.60M	−2.6% Reduced
HDBHdfc Bank LTD	0.15%	$165.0m	6.39M	−2.3% Reduced
AVAVAerovironment Inc	0.14%	$159.7m	967.4K	−5.8% Reduced
COINCoinbase	0.14%	$158.0m	1.08M	−3.8% Reduced
ARMARM Holdings PLC	0.14%	$156.5m	441.4K	−27.9% Reduced
WDAYWorkday, Inc.	0.13%	$146.7m	1.20M	−12.4% Reduced
ADIAnalog Devices	0.13%	$143.6m	361.6K	−14.8% Reduced
VEEVVeeva Systems Inc	0.13%	$137.9m	776.9K	+5.7% Added
VRTXVertex Pharmaceuticals	0.12%	$135.4m	272.6K	+36.7% Added
BZKanzhun Ltd	0.11%	$123.1m	9.56M	−3.9% Reduced
PAYCPaycom Software, Inc.	0.11%	$122.6m	975.4K	−36.6% Reduced
BBDBank Bradesco	0.11%	$120.9m	34.84M	−4.3% Reduced
WSCWillscot Holdings Corp	0.11%	$120.8m	4.18M	−6.8% Reduced
PGProcter & Gamble	0.11%	$120.2m	819.5K	−4.6% Reduced
VSTVistra Corp.	0.11%	$118.9m	749.4K	New
ODDOddity Tech Ltd	0.11%	$117.0m	7.74M	−1.0% Reduced
WIXWix.com Ltd.	0.10%	$115.3m	2.54M	−6.5% Reduced
TWSTTwist Bioscience Corp	0.10%	$111.8m	1.09M	−10.6% Reduced
TDWTidewater Inc	0.10%	$111.3m	1.67M	+154.9% Added
EWEdwards Lifesciences	0.10%	$109.4m	1.21M	+174.6% Added
BLLNBilliontoone, Inc.	0.10%	$108.2m	901.4K	−28.5% Reduced
ALABAstera Labs, Inc.	0.10%	$105.5m	218.4K	−10.9% Reduced
INTUIntuit	0.09%	$102.1m	391.2K	+123.9% Added
CSCOCisco	0.09%	$101.4m	863.6K	−11.3% Reduced
FIGFigma, Inc.	0.09%	$100.8m	5.57M	−0.1%
LINELineage, Inc.	0.09%	$98.4m	2.27M	−11.0% Reduced
XMTRXometry, Inc.	0.09%	$98.3m	1.02M	−9.3% Reduced
ADSKAutodesk, Inc.	0.09%	$94.2m	484.4K	−25.4% Reduced
MDBMongodb, Inc.	0.08%	$89.8m	267.3K	0.0%
SGSweetgreen, Inc.	0.08%	$89.5m	10.16M	−1.5% Reduced
COURCoursera, Inc.	0.08%	$86.9m	15.41M	+5.2% Added
SVVSavers Value Village, Inc.	0.08%	$86.9m	8.61M	−0.6% Reduced
PONYPony AI Inc.	0.08%	$86.3m	12.42M	+95.3% Added
RXRXRecursion Pharmaceuticals, Inc.	0.08%	$86.2m	23.49M	−0.8% Reduced
FASTFastenal	0.08%	$85.7m	1.78M	−3.6% Reduced
TFIITFI International Inc.	0.07%	$82.3m	572.3K	−36.2% Reduced
PEPPepsiCo	0.07%	$81.8m	603.8K	−3.7% Reduced
BABAAlibaba Group Holding Ltd	0.07%	$76.4m	796.0K	+3.1% Added
TMETencent Music Entertainment Group	0.07%	$72.1m	8.63M	−11.3% Reduced
FROGJfrog Ltd	0.06%	$64.5m	709.6K	−30.2% Reduced
JKHYJack Henry & Associates Inc	0.06%	$64.0m	464.6K	−4.0% Reduced
CRCLCircle Internet Group, Inc.	0.06%	$61.2m	976.6K	+178.7% Added
SBUXStarbucks	0.05%	$56.1m	548.9K	−12.3% Reduced
BNTXBiontech SE	0.05%	$55.1m	592.4K	−32.9% Reduced
KOThe Coca-Cola Company	0.05%	$53.4m	657.3K	−7.5% Reduced
HDThe Home Depot	0.05%	$52.2m	148.1K	−2.6% Reduced
RVMDRevolution Medicines, Inc.	0.04%	$49.3m	263.5K	+40.8% Added
SVMSilvercorp Metals Inc	0.04%	$45.1m	4.46M	+5.3% Added
AJGArthur J. Gallagher & Co.	0.04%	$42.3m	184.1K	+37.9% Added
ACNAccenture	0.04%	$40.8m	328.1K	−4.3% Reduced
ALBAlbemarle Corporation	0.04%	$40.0m	296.5K	−6.9% Reduced

Company	Bought (value)	Shares
SPCXSpace Exploration Technologies Corp	$8.8bn	51.40M
RYRoyal Bank Of Canada	$740.1m	3.58M
CRHCRH plc	$641.4m	5.99M
QXOQXO, Inc.	$591.7m	34.24M
AVGOBroadcom	$476.8m	1.26M
CFRCullen/frost Bankers, Inc.	$345.1m	2.23M
AXONAxon Enterprise	$336.2m	599.8K
AAPLApple Inc.	$308.0m	1.06M
GOOGLAlphabet Inc. (Class A)	$307.9m	861.5K
KLACKLA Corporation	$285.6m	946.6K
NVDANVIDIA Corporation	$228.1m	1.14M
VALEVale S.a.	$189.9m	12.63M
IDXXIdexx Laboratories	$186.3m	353.8K
MAMastercard	$185.3m	360.7K
VSTVistra Corp.	$118.9m	749.4K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

Company	Sold (value)	Shares
RKLBRocket Lab Corp	−$817.6m	−8.04M
CPNGCoupang, Inc.	−$728.0m	−41.91M
METAMeta Platforms	−$505.4m	−897.3K
TEAMAtlassian Corp	−$490.5m	−6.31M
DDOGDatadog, Inc.	−$451.7m	−1.73M
MSFTMicrosoft Corporation	−$434.3m	−1.16M
NFLXNetflix	−$402.1m	−5.63M
RPRXRoyalty Pharma plc	−$344.3m	−6.14M
MELIMercadolibre Inc	−$327.3m	−192.8K
NETCloudflare, Inc.	−$325.2m	−1.33M
AMZNAmazon	−$279.9m	−1.17M
PENPenumbra Inc	−$276.0m	−840.4K
TSLATesla, Inc.	−$240.4m	−571.5K
GHGuardant Health, Inc.	−$236.3m	−1.57M
SCIService Corp International	−$231.8m	−3.05M

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

Company	Value last quarter	Shares
PENPenumbra Inc	$276.0m	840.4K
CMECME Group	$127.1m	430.2K
TROWT. Rowe Price	$42.0m	465.8K
MBLYMobileye Global Inc.	$28.4m	4.14M
HTFLHeartflow, Inc.	$26.4m	1.08M
RAMPLiveramp Holdings, Inc.	$24.2m	911.3K
TNDMTandem Diabetes Care Inc	$20.9m	1.09M
SANASana Biotechnology, Inc.	$19.0m	6.61M
LULufax Holding Ltd	$15.3m	8.19M
WABWabtec	$13.5m	54.0K
ATRAptargroup, Inc.	$9.2m	72.8K
SDGRSchrodinger, Inc.	$9.1m	801.2K
MSAMSA Safety Inc	$8.3m	50.6K
PGRProgressive Corporation	$7.2m	36.2K
CGNXCognex Corp	$6.3m	128.1K
SNPSSynopsys Inc	$6.3m	15.8K
UNHUnitedHealth Group	$5.5m	20.4K
MKTXMarketaxess Holdings Inc	$4.8m	29.0K
RXSTRxsight, Inc.	$4.3m	690.3K
WRBYWarby Parker Inc.	$3.6m	169.1K
TTDTrade Desk, Inc.	$3.4m	150.4K
FRPTFreshpet, Inc.	$499,037	8.5K
STNStantec Inc	$35,590	413
YMMFull Truck Alliance Co. Ltd.	$9,611	1.2K

Technology27.0%
Industrials20.8%
Consumer Discretionary15.9%
Communication Services13.4%
Health Care9.4%
Financials7.6%
Materials2.1%
Consumer Staples1.5%
Energy1.4%
Real Estate0.8%
Utilities0.2%

Share of the value held in companies we cover, by sector.

Period	Copy, a year	S&P 500	Sharpe	S&P 500	Biggest drop	Beta
Whole backtestAugust 9, 2013 to November 2, 2026	+15.7%	+13.9%	0.64	0.77	−52.9%	1.23
2018 onwardsJanuary 5, 2018 to November 2, 2026	+12.4%	+13.9%	0.46	0.66	−52.9%	1.24
Last three yearsNovember 3, 2023 to November 2, 2026	+16.6%	+21.8%	0.60	1.16	−27.2%	1.34
Last yearNovember 7, 2025 to November 2, 2026	−8.8%	+14.2%	−0.48	0.84	−22.0%	1.39

From SEC Form 13F data sets. A 13F lists long positions in US-listed shares at the quarter's end, filed up to 45 days later; it does not show shorts, cash, bonds, non-US holdings or trades within the quarter. Positions in companies outside our coverage are not listed here. Research, not investment advice.