In plain English: this page lists every stock Baillie Gifford's fund told the SEC it owned at the end of the quarter, biggest first, and what changed since the quarter before — "New" means they bought it for the first time, "Sold" means they sold all of it. The list is at least 6 weeks old, and it is only part of their investments (no cash, bonds or bets against stocks).
Educational and informational only, not personalized investment advice. Based on public filings that may be delayed or contain errors; verify with the original filings. Disclaimer
Reported value ⓘTotal of long stock positions in this 13F. Options are listed separately and not included.
$110.23B
Q2 2026
Quarter change
+12.6%
vs Q1 2026 ($97.89B)
Holdings
273
Top-10 weight 44.7%
Activity
28 new · 26 sold out
58 added to · 179 trimmed
Investing style at a glance · Q2 2026
- Moderately diversified: 273 stocks, with 44.7% of the portfolio in the 10 largest.
- Biggest sector: Information Technology (37.1% of the portfolio).
- Turnover this quarter: moderate — 28 new positions and 26 sold out (58 added to, 179 trimmed).
- Largest position: SPCX at 8.0% of the portfolio.
Worked out from this 13F only (long stock positions). ⓘConcentration: The share of a portfolio in its 10 largest positions. High = a few big bets; low = spread out. Guide ⓘTurnover: How many positions were opened or closed this quarter compared with the number held. Guide
Portfolio value over time
Reported 13F value per quarter
Sector allocation
Q2 2026
- Information Technology37.1%
- Industrials21.1%
- Consumer Discretionary11.3%
- Financials8.3%
- Communication Services8.1%
- Health Care7.6%
- Materials2.4%
- Consumer Staples1.9%
- Energy1.5%
- Real Estate0.6%
- Utilities0.2%
- Unclassified0.0%
- ETFs & Funds0.0%
Top holdings over time
Share of the portfolio each quarter (current top 5)
Quarter-by-quarter activity
Positions bought (new or added) vs sold (trimmed or exited)
Insights
Adds vs. trims · Q2 2026
Largest estimated dollar adds (green) and trims (red) this quarter. Click a bar to open the stock.
Sector allocation over time
Share of the reported portfolio in each sector, by quarter
Performance context
Reported 13F value vs. the S&P 500 between the same quarter-end dates, and a hypothetical “copy the top 10” strategy vs. SPY. Prices through Oct 27, 2026.
Reported value change ⓘChange in total reported 13F value from Sep 30, 2024 to Jun 30, 2026. Includes deposits/withdrawals and is not the fund’s return.
-17.5%
Sep 30, 2024 – Jun 30, 2026
S&P 500, same dates
+30.1%
Price index (^GSPC)
Hypothetical top-10 ⓘBuy the reported top 10 (value-weighted) at the close of the first trading day after each filing, hold until the next filing. Covers 100% of top-10 value on average (positions with price data).
+9.5%
Nov 6, 2024 – Oct 27, 2026
SPY, same days
+33.2%
Total return (dividends included)
Read these numbers carefully: “Reported value change” is the change in the total value of the shares on this manager’s 13F — it is not the fund’s investment return. The total also moves when investors put money into the fund or take it out, and a 13F covers only long US-listed shares — no shorts, bonds, cash or foreign stocks — so the fund’s actual return can be higher or lower.
Reported value vs. S&P 500 (cumulative)
Hypothetical top-10 vs. SPY (cumulative)
Quarter-by-quarter numbers
| Quarter | Reported value | Value change | S&P 500 | Top-10 held | Top-10 | SPY | Coverage |
|---|---|---|---|---|---|---|---|
| Q2 2026 | $110.23B | +12.6% | +14.9% | Aug 7, 2026 – Oct 27, 2026 (open) | -2.7% | -0.2% | 100% |
| Q1 2026 | $97.89B | -18.7% | -4.6% | May 11, 2026 – Aug 7, 2026 | +13.4% | +4.9% | 100% |
| Q4 2025 | $120.34B | -10.9% | +2.3% | Jan 26, 2026 – May 11, 2026 | -10.2% | +7.0% | 100% |
| Q3 2025 | $135.00B | +0.8% | +7.8% | Nov 3, 2025 – Jan 26, 2026 | -16.7% | +1.7% | 100% |
| Q2 2025 | $133.89B | +16.8% | +10.6% | Aug 7, 2025 – Nov 3, 2025 | +5.2% | +8.4% | 100% |
| Q1 2025 | $114.59B | -12.0% | -4.6% | May 8, 2025 – Aug 7, 2025 | +17.2% | +12.2% | 100% |
| Q4 2024 | $130.14B | -2.6% | +2.1% | Feb 3, 2025 – May 8, 2025 | +0.8% | -5.2% | 100% |
Not investment advice. Hypothetical, not actual results. 13F filings arrive up to 45 days after quarter end, so anyone copying them buys late; the top-10 figures start the day after each filing was published. Reported value changes include deposits and withdrawals and are not the fund's return. Costs, taxes and positions without price data are ignored. Past performance does not predict future results. How this is calculated
Column filters
| Ticker | Company | Sector | Shares | Value ↓ | % of portfolio | Change | Δ shares | Δ shares % | Est. Δ value ⓘChange in shares × this quarter's price |
|---|---|---|---|---|---|---|---|---|---|
| SPCX | Space Exploration Technologies Corp (Class A) | Information Technology | 51.40M | $8.78B | 8.0% | New | +51.4M | — | +$8.78B |
| NVDA | Nvidia Corp | Information Technology | 41.89M | $8.38B | 7.6% | Added | +1.1M | +2.8% | +$228.13M |
| AMZN | Amazon Com Inc | Consumer Discretionary | 26.92M | $6.42B | 5.8% | Reduced | -1.2M | -4.2% | -$279.89M |
| MELI | Mercadolibre Inc | Industrials | 3.04M | $5.16B | 4.7% | Reduced | -192.8K | -6.0% | -$327.34M |
| SE | Sea Ltd | Industrials | 38.41M | $3.68B | 3.3% | Reduced | -1.2M | -3.1% | -$119.28M |
| SPOT | Spotify Technology S.A. | Communication Services | 7.93M | $3.64B | 3.3% | Reduced | -289.8K | -3.5% | -$133.03M |
| NET | Cloudflare, Inc (Class A) | Information Technology | 14.60M | $3.58B | 3.2% | Reduced | -1.3M | -8.3% | -$325.20M |
| APP | AppLovin Corp (Class A) | Information Technology | 6.47M | $3.33B | 3.0% | Reduced | -228.5K | -3.4% | -$117.74M |
| SHOP | Shopify Inc (Class A) | Information Technology | 28.40M | $3.24B | 2.9% | Reduced | -618.2K | -2.1% | -$70.59M |
| NU | Nu Holdings Ltd (Class A) | Financials | 229.93M | $3.07B | 2.8% | Reduced | -16.6M | -6.7% | -$222.23M |
| PDD | PDD Holdings Inc | Industrials | 26.59M | $2.03B | 1.8% | Reduced | -1.8M | -6.2% | -$134.14M |
| IOT | Samsara Inc (Class A) | Information Technology | 56.36M | $1.83B | 1.7% | Reduced | -1.2M | -2.0% | -$37.79M |
| META | Meta Platforms, Inc (Class A) | Communication Services | 3.20M | $1.80B | 1.6% | Reduced | -897.3K | -21.9% | -$505.43M |
| AXON | Axon Enterprise, Inc | Industrials | 3.06M | $1.72B | 1.6% | Added | +599.8K | +24.4% | +$336.23M |
| CPNG | Coupang, Inc (Class A) | Consumer Discretionary | 78.74M | $1.37B | 1.2% | Reduced | -41.9M | -34.7% | -$728.02M |
| RACE | Ferrari N.V. | Consumer Discretionary | 3.57M | $1.32B | 1.2% | Reduced | -304.9K | -7.9% | -$113.08M |
| MRNA | Moderna, Inc | Health Care | 18.21M | $1.28B | 1.2% | Reduced | -1.8M | -8.9% | -$124.59M |
| DASH | DoorDash, Inc (Class A) | Industrials | 6.81M | $1.26B | 1.1% | Reduced | -433.1K | -6.0% | -$79.92M |
| RDDT | Reddit, Inc (Class A) | Information Technology | 7.19M | $1.25B | 1.1% | Reduced | -117.8K | -1.6% | -$20.45M |
| NFLX | Netflix Inc | Communication Services | 16.17M | $1.15B | 1.0% | Reduced | -5.6M | -25.8% | -$402.11M |
| RBLX | Roblox Corp (Class A) | Information Technology | 21.12M | $1.15B | 1.0% | Reduced | -298.1K | -1.4% | -$16.21M |
| GOOG | Alphabet Inc (Class C) | Communication Services | 3.09M | $1.09B | 1.0% | Reduced | -411.4K | -11.8% | -$145.37M |
| RKLB | Rocket Lab Corp | Industrials | 10.38M | $1.06B | 1.0% | Reduced | -8.0M | -43.6% | -$817.62M |
| MSFT | Microsoft Corp | Information Technology | 2.71M | $1.01B | 0.9% | Reduced | -1.2M | -30.0% | -$434.32M |
| BAP | Credicorp Ltd | Financials | 2.59M | $1.01B | 0.9% | Reduced | -143.7K | -5.3% | -$56.00M |
| ISRG | Intuitive Surgical Inc | Health Care | 2.52M | $1.00B | 0.9% | Reduced | -43.1K | -1.7% | -$17.16M |
| GOOGL | Alphabet Inc (Class A) | Communication Services | 2.81M | $1.00B | 0.9% | Added | +861.5K | +44.2% | +$307.88M |
| DXCM | Dexcom Inc | Health Care | 14.80M | $996.89M | 0.9% | Reduced | -797.9K | -5.1% | -$53.74M |
| MA | Mastercard Inc (Class A) | Financials | 1.73M | $886.90M | 0.8% | Added | +360.7K | +26.4% | +$185.27M |
| QXO | QXO, Inc | Industrials | 47.87M | $827.16M | 0.8% | Added | +34.2M | +251.3% | +$591.73M |
| ENSG | Ensign Group, Inc | Health Care | 5.03M | $806.19M | 0.7% | Added | +203.1K | +4.2% | +$32.56M |
| PBR | Petrobras - Petroleo Brasileiro SA | Energy | 48.62M | $785.67M | 0.7% | Added | +4.2M | +9.4% | +$67.55M |
| MMYT | MakeMyTrip Ltd | Industrials | 14.67M | $781.77M | 0.7% | Reduced | -342.9K | -2.3% | -$18.27M |
| RIVN | Rivian Automotive, Inc. / DE (Class A) | Consumer Discretionary | 43.21M | $749.70M | 0.7% | Reduced | -611.2K | -1.4% | -$10.60M |
| RY | Royal Bank of Canada | Financials | 3.58M | $740.15M | 0.7% | Added | +3.6M | +3803766.0% | +$740.13M |
| ALNY | Alnylam Pharmaceuticals, Inc | Health Care | 2.44M | $734.48M | 0.7% | Reduced | -54.0K | -2.2% | -$16.25M |
| SNOW | Snowflake Inc | Information Technology | 2.58M | $657.72M | 0.6% | Reduced | -92.1K | -3.4% | -$23.43M |
| CRH | CRH Public Ltd Co | Materials | 5.99M | $641.46M | 0.6% | Added | +6.0M | +1294698.3% | +$641.41M |
| MLM | Martin Marietta Materials Inc | Materials | 991.79K | $571.96M | 0.5% | Reduced | -95.6K | -8.8% | -$55.13M |
| RPRX | Royalty Pharma plc (Class A) | Health Care | 10.02M | $561.57M | 0.5% | Reduced | -6.1M | -38.0% | -$344.28M |
| DUOL | Duolingo, Inc (Class A) | Information Technology | 4.82M | $554.89M | 0.5% | Reduced | -51.5K | -1.1% | -$5.92M |
| SYM | Symbotic Inc | Industrials | 12.26M | $551.26M | 0.5% | Reduced | -216.1K | -1.7% | -$9.71M |
| JOBY | Joby Aviation, Inc | Industrials | 61.14M | $545.36M | 0.5% | Reduced | -1.3M | -2.1% | -$11.42M |
| ELF | e.l.f. Beauty, Inc | Consumer Staples | 7.05M | $521.61M | 0.5% | Reduced | -139.3K | -1.9% | -$10.30M |
| AVGO | Broadcom Inc | Information Technology | 1.36M | $512.97M | 0.5% | Added | +1.3M | +1318.6% | +$476.81M |
| AAPL | Apple Inc | Information Technology | 1.76M | $509.44M | 0.5% | Added | +1.1M | +152.9% | +$308.02M |
| KSPI | Joint Stock Co Kaspi.kz | Industrials | 5.78M | $500.71M | 0.5% | Added | +656.0K | +12.8% | +$56.83M |
| RBC | RBC Bearings INC | Industrials | 760.47K | $489.79M | 0.4% | Added | +466.2K | +158.5% | +$300.28M |
| AFRM | Affirm Holdings, Inc (Class A) | Financials | 5.86M | $477.60M | 0.4% | Added | +554.3K | +10.5% | +$45.20M |
| TEM | Tempus AI, Inc (Class A) | Information Technology | 8.19M | $474.45M | 0.4% | Reduced | -459.2K | -5.3% | -$26.60M |
Column filters
| Ticker | Company | Sector | Shares sold | Value last quarter ↓ |
|---|---|---|---|---|
| PEN | Penumbra Inc | Health Care | -840.4K | $275.97M |
| CME | Cme Group Inc | Financials | -430.2K | $127.07M |
| TROW | Price T Rowe Group Inc | Financials | -465.8K | $41.99M |
| MBLY | Mobileye Global Inc (Class A) | Information Technology | -4.1M | $28.44M |
| HTFL | Heartflow, Inc | Health Care | -1.1M | $26.39M |
| RAMP | LiveRamp Holdings, Inc | Information Technology | -911.3K | $24.17M |
| TNDM | Tandem Diabetes Care Inc | Health Care | -1.1M | $20.88M |
| SANA | Sana Biotechnology, Inc | Health Care | -6.6M | $19.03M |
| LU | Lufax Holding Ltd | Financials | -8.2M | $15.31M |
| WAB | Westinghouse Air Brake Technologies Corp | Industrials | -54.0K | $13.50M |
| ATR | Aptargroup, Inc | Materials | -72.8K | $9.18M |
| SDGR | Schrodinger, Inc | Health Care | -801.2K | $9.10M |
| MSA | MSA Safety Inc | Health Care | -50.6K | $8.29M |
| PGR | Progressive Corp | Financials | -36.2K | $7.17M |
| CGNX | Cognex Corp | Information Technology | -128.1K | $6.27M |
| SNPS | Synopsys Inc | Information Technology | -15.8K | $6.27M |
| UNH | Unitedhealth Group Inc | Health Care | -20.4K | $5.53M |
| MKTX | Marketaxess Holdings Inc | Financials | -29.0K | $4.79M |
| — | Cable One Inc (Note) | Unclassified | -6.2M | $4.79M |
| RXST | RxSight, Inc | Health Care | -690.3K | $4.25M |
| WRBY | Warby Parker Inc (Class A) | Health Care | -169.1K | $3.56M |
| TTD | Trade Desk, Inc (Class A) | Information Technology | -150.4K | $3.41M |
| FRPT | Freshpet, Inc | Consumer Staples | -8.5K | $499.04K |
| STN | Stantec Inc | Industrials | -413 | $35.59K |
| YMM | Full Truck Alliance Co. Ltd | Information Technology | -1.2K | $9.61K |
| AXICY | AXIA Energia S.A. (Class C) | Utilities | -69 | $753 |
13F filings on record (8)
| Quarter | Form | Filed | Type | Rows | Long value | |
|---|---|---|---|---|---|---|
| Q2 2026 | 13F-HR | Aug 6, 2026 | Original | 273 | $110.23B | SEC ↗ |
| Q1 2026 | 13F-HR | May 8, 2026 | Original | 271 | $97.89B | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 23, 2026 | Original | 266 | $120.34B | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 31, 2025 | Original | 265 | $135.00B | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 6, 2025 | Original | 264 | $133.89B | SEC ↗ |
| Q1 2025 | 13F-HR | May 7, 2025 | Original | 265 | $114.59B | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 31, 2025 | Original | 271 | $130.14B | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 5, 2024 | Original | 277 | $133.63B | SEC ↗ |