WhaleCreep

Baillie Gifford 13F holdings, Q4 2018

Long-only investorSEC filingsCompare with another fundHoldings as of 2018-12-31, filed 2019-02-14

Baillie Gifford disclosed 226 US equity positions worth $77.0bn in its Q4 2018 13F filing. Its largest position is AMZN at 8.9% of the reported book, followed by BABA and ILMN. Versus Q3 2018 it opened 7 new positions, added to 121, reduced 53 and exited 5.

$77.0bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
226
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
8.9%
Largest position
The largest single position as a share of the reported equity book.
46.2%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
32
Effective positions
1 / HHI of portfolio weights: the number of equal-weight positions the book behaves like.
111
Quarters on file since Q1 1999
Quarters for which this manager's 13F holdings are on record.

Holdings

Against Q3 2018: 7 new, 121 added, 53 reduced, 5 exited

50 of 226
AMZN AMAZON COM INCConsumer Cyclical8.9%$6.8bn4.54m0.0%held
BABA ALIBABA GROUP HLDG LTDConsumer Cyclical8.4%$6.5bn47.31m+4.4%added
ILMN ILLUMINA INCHealthcare6.3%$4.8bn16.08m−0.4%held
TSLA TESLA INCConsumer Cyclical5.7%$4.4bn13.23m+0.8%added
BIDU BAIDU INCCommunication Services3.7%$2.9bn18.11m−2.0%reduced
GOOG ALPHABET INCCommunication Services3.1%$2.4bn2.31m−0.2%held
META META PLATFORMS INCCommunication Services2.9%$2.2bn16.99m0.0%held
NFLX NETFLIX INC.Communication Services2.7%$2.0bn7.63m+1.8%added
SPOT SPOTIFY TECHNOLOGY S ACommunication Services2.6%$2.0bn17.57m+16%added
MELI MERCADOLIBREConsumer Cyclical2.0%$1.5bn5.21m+2.3%added
RACE FERRARI N VConsumer Cyclical1.8%$1.4bn14.28m+0.3%held
CTRPUSD CTRIP COM INTL LTD–1.7%$1.3bn48.21m−9.7%reduced
TAL TAL EDUCATION GROUPConsumer Defensive1.6%$1.3bn47.41m−1.0%reduced
ELV ELEVANCE HEALTH INCHealthcare1.5%$1.2bn4.46m+0.2%held
MA MASTERCARD INCFinancial Services1.4%$1.1bn5.89m+3.8%added
ISRG INTUITIVE SURGICAL INCHealthcare1.4%$1.0bn2.18m−5.0%reduced
TSM TAIWAN SEMICONDUCTOR MANUFACTechnology1.3%$981m26.57m−31%reduced
WDAY WORKDAY INCTechnology1.3%$978m6.13m−5.2%reduced
FIAT CHRYSLER AUTOMOBILES N no ticker–1.2%$933m64.38m−11%reduced
NVDA NVIDIA CORPORATIONTechnology1.1%$880m6.59m−1.0%reduced
MKTX MARKETAXESS HLDGS INCFinancial Services1.1%$849m4.02m+9.1%added
MCO MOODYS CORPFinancial Services1.1%$840m5.99m+0.1%held
V VISA INCFinancial Services1.0%$797m6.04m−0.1%held
CRM SALESFORCE INCTechnology1.0%$738m5.39m−2.9%reduced
GRUBHUB INC no ticker–0.9%$718m9.35m+9.6%added
TEAM ATLASSIAN CORP PLCTechnology0.9%$677m7.61m−3.0%reduced
NTES NETEASE COM INCCommunication Services0.9%$675m2.87m−2.0%reduced
9990302D APACHE CORP–0.8%$640m24.36m−0.1%held
IBN ICICI BANK LIMITEDFinancial Services0.8%$636m61.84m−1.9%reduced
DXCM DEXCOM INCHealthcare0.8%$591m4.93m−3.2%reduced
FRCB FIRST REP BK SAN FRANCISCO CFinancial Services0.8%$583m6.71m+7.9%added
MKL MARKEL GROUP INCFinancial Services0.7%$573m551,608−1.0%reduced
RMD RESMED INCHealthcare0.7%$552m4.85m+0.1%held
TMO THERMO FISHER SCIENTIFIC INCHealthcare0.7%$530m2.37m−0.5%held
AJG GALLAGHER ARTHUR J & COFinancial Services0.7%$526m7.14m+0.3%held
SHOP SHOPIFY INCTechnology0.7%$524m3.79m+22%added
KEX KIRBY CORPIndustrials0.7%$518m7.69m+35%added
NIO NIO INCConsumer Cyclical0.7%$511m80.26m−5.9%reduced
MLM MARTIN MARIETTA MATLS INCBasic Materials0.7%$504m2.93m−11%reduced
RYAAY RYANAIR HOLDINGS PLCIndustrials0.6%$485m6.79m+16%added
SCI SERVICE CORP INTLConsumer Cyclical0.6%$481m11.94m+47%added
WAT WATERS CORPHealthcare0.6%$474m2.51m−2.1%reduced
IONS IONIS PHARMACEUTICALS INCHealthcare0.6%$473m8.75m−2.3%reduced
RCL ROYAL CARIBBEAN CRUISES LTDConsumer Cyclical0.6%$454m4.65m−0.7%reduced
BAP CREDICORP LTDFinancial Services0.6%$450m2.03m+1.5%added
BLUEBIRD BIO INC no ticker–0.6%$449m4.53m−2.5%reduced
CHRW C H ROBINSON WORLDWIDE INCIndustrials0.6%$435m5.17m+1.1%added
EOG EOG Resources IncEnergy0.6%$433m4.96m+0.2%held
ITUB ITAU UNIBANCO HLDG S AFinancial Services0.5%$406m44.38m+57%added
VRSK VERISK ANALYTICS INCIndustrials0.5%$392m3.60m−18%reduced

Exited since Q3 2018

5 rows
CHINA BIOLOGIC PRODS HLDGS I no ticker0.08%$70.6m
EMBJ EMBRAER S.A.0.02%$18.8m
PCG PG&E CORP0.01%$12.3m
MCHP MICROCHIP TECHNOLOGY INC.0.01%$6.5m
FEDERAL RLTY INVT TR no ticker0.0%$266k

Sector mix

  • Consumer Cyclical30.6%
  • Communication Services17.2%
  • Healthcare15.1%
  • Financial Services10.6%
  • Unclassified9.7%
  • Technology7.5%
  • Industrials3.7%
  • Consumer Defensive2.2%
  • Basic Materials1.3%
  • Energy1.0%
  • Real Estate0.9%
  • Utilities0.2%

Book over time

Every quarter on file (111)
QuarterPositionsEquity book
Q2 2026273$110bn
Q1 2026271$97.9bn
Q4 2025266$120bn
Q3 2025265$135bn
Q2 2025264$134bn
Q1 2025265$115bn
Q4 2024271$130bn
Q3 2024277$134bn
Q2 2024285$128bn
Q1 2024290$129bn
Q4 2023288$126bn
Q3 2023289$110bn
Q2 2023296$118bn
Q1 2023453$111bn
Q4 2022487$96.0bn
Q3 2022483$97.0bn
Q2 2022487$97.5bn
Q1 2022496$143bn
Q4 2021499$182bn
Q3 2021491$191bn
Q2 2021471$205bn
Q1 2021445$179bn
Q4 2020429$180bn
Q3 2020252$145bn
Q2 2020242$131bn
Q1 2020224$92.3bn
Q4 2019226$103bn
Q3 2019225$87.9bn
Q2 2019226$94.3bn
Q1 2019227$91.4bn
Q4 2018226$77.0bn
Q3 2018224$92.6bn
Q2 2018207$92.7bn
Q1 2018204$85.3bn
Q4 2017201$80.4bn
Q3 2017198$79.0bn
Q2 2017201$74.3bn
Q1 2017200$68.7bn
Q4 2016198$60.8bn
Q3 2016195$63.9bn
Q2 2016193$56.1bn
Q1 2016197$56.8bn
Q4 2015182$57.5bn
Q3 2015208$51.1bn
Q2 2015206$55.6bn
Q1 2015207$52.8bn
Q4 2014203$49.9bn
Q3 2014206$45.6bn
Q2 2014204$46.3bn
Q1 2014204$42.5bn
Q4 2013206$42.3bn
Q3 2013209$39.5bn
Q2 2013186$33.0bn
Q1 2013175$30.1bn
Q4 2012165$27.9bn
Q3 2012158$26.9bn
Q2 2012136$24.8bn
Q1 2012133$25.6bn
Q4 2011128$21.1bn
Q3 2011124$19.9bn
Q2 2011162$23.3bn
Q1 2011125$22.5bn
Q4 2010121$19.5bn
Q3 2010122$17.6bn
Q2 2010116$14.9bn
Q1 2010114$15.9bn
Q4 2009118$13.7bn
Q3 2009113$12.4bn
Q2 2009111$12.1bn
Q1 200994$8.5bn
Q4 200892$8.0bn
Q3 200887$11.2bn
Q2 200886$13.3bn
Q1 200884$12.1bn
Q4 2007119$19.8bn
Q3 2007127$19.0bn
Q2 2007121$17.0bn
Q1 2007113$15.5bn
Q1 2007111$15.4bn
Q4 2006115$14.5bn
Q3 2006114$11.9bn
Q2 200688$10.7bn
Q1 200686$10.5bn
Q4 200589$7.7bn
Q3 200585$7.1bn
Q2 200584$5.4bn
Q1 200584$4.5bn
Q4 200483$3.9bn
Q3 200481$3.3bn
Q2 200483$3.2bn
Q1 200480$3.5bn
Q4 200376$3.4bn
Q3 200378$2.7bn
Q2 200359$1.9bn
Q1 200358$1.7bn
Q4 200259$1.9bn
Q3 200264$1.8bn
Q2 200266$2.0bn
Q1 200269$2.2bn
Q4 200168$2.0bn
Q3 200168$1.8bn
Q2 200175$2.0bn
Q1 200178$1.9bn
Q4 200060$2.0bn
Q3 200066$2.3bn
Q2 2000100$1.7bn
Q1 2000101$1.8bn
Q4 199998$1.4bn
Q3 199989$1.4bn
Q2 199990$1.5bn
Q1 199984$1.3bn

Where Baillie Gifford was early

90 rows
IP D International PaperQ2 19991 of 1293.2%3.4%7Exited by Q3 2011−41%
PH D Parker HannifinQ3 19991 of 1523.6%4.1%6Exited by Q3 2011+200%
ADI Analog DevicesQ4 19991 of 2024.2%6.3%62Held at last filing, Q2 2026+754%
AMAT Applied MaterialsQ4 19991 of 2911.6%3.0%11Held at last filing, Q2 2026+2183%
MFC D Manulife FinancialQ4 19991 of 720.3%1.1%15Exited by Q4 2003+128%
MRSH Marsh & McLennanQ4 19991 of 1400.3%5.0%28Held at last filing, Q2 2026+248%
TXN Texas InstrumentsQ4 19991 of 2020.6%1.3%21Held at last filing, Q2 2026+517%
ADP Automatic Data ProcessingQ4 19992 of 1480.1%1.6%44Exited by Q4 2015+88%
MXIM D Maxim Integrated ProductsQ2 20001 of 1010.4%2.8%13Exited by Q3 2003+51%
EOG EOG ResourcesQ3 20001 of 1593.6%7.0%97Held at last filing, Q2 2026+1235%
COST Costco Wholesale CorporationQ3 20002 of 1773.0%4.3%36Exited by Q2 2023+1322%
BNS D Bank of Nova ScotiaQ4 20001 of 710.3%1.5%12Exited by Q4 2003+62%
CVS D CVS CorpQ4 20001 of 2161.5%1.7%3Exited by Q3 2001−36%
EXC Exelon CorporationQ4 20001 of 1305.3%5.3%44Held at last filing, Q2 2026+86%
MCHP Microchip TechnologyQ4 20001 of 1700.3%1.1%59Exited by Q4 2018+440%
MTB M&T Bank CorpQ1 20011 of 1453.0%4.5%83Exited by Q1 2023+108%
RY The Royal Bank of CanadaQ1 20011 of 800.0%1.3%18Held at last filing, Q2 2026+1278%
STT D State Str.BostonQ1 20011 of 1390.02%4.7%24Exited by Q1 2007+44%
WMT Wal-Mart StoresQ1 20012 of 2010.0%1.9%67Exited by Q2 2023+192%
JNJ Johnson & JohnsonQ1 20015 of 1690.0%1.2%65Exited by Q2 2023+254%
MCO Moody's CorpQ4 20014 of 1761.4%7.2%99Held at last filing, Q2 2026+2173%
PEP PepsicoQ2 20023 of 1390.0%1.4%97Held at last filing, Q2 2026+181%
PBR Petrobras Common ADRQ3 20031 of 1192.3%10.4%61Held at last filing, Q2 2026+182%
PBR/A Petrobras Pref ADRQ3 20031 of 702.5%7.8%75Held at last filing, Q2 2026−39%
AMXN America Movil 'L Shares' ADRQ3 20032 of 601.8%4.0%47Exited by Q2 2015+254%
HSY Hershey Foods CorporationQ3 20032 of 1251.9%3.0%32Exited by Q3 2025+357%
TEVA Teva Pharmaceutical ADRQ3 20032 of 1823.5%6.0%41Exited by Q2 2015+118%
TROW T. Rowe PriceQ3 20032 of 1202.3%2.6%44Exited by Q2 2026+337%
CX Cemex ADRQ1 20042 of 941.3%1.6%79Exited by Q2 2025−50%
COP D ConocoPhillipsQ2 20042 of 1553.4%4.0%24Exited by Q3 2011+97%
AMZN Amazon.ComQ4 20041 of 3780.5%11.2%87Held at last filing, Q2 2026+10663%
TS D TenarisQ4 20041 of 940.06%1.7%14Exited by Q2 2008+410%
MKL Markel CorpQ4 20043 of 1020.5%1.6%87Held at last filing, Q2 2026+437%
ROK Rockwell AutomationQ1 20052 of 1401.6%1.6%39Exited by Q4 2014+94%
FAST FastenalQ1 20053 of 1420.5%1.0%82Held at last filing, Q2 2026+1290%
EBAY eBayQ2 20056 of 1860.4%7.1%44Exited by Q2 2016+72%
INFY Infosys Ltd ADRQ3 20051 of 940.1%2.3%61Held at last filing, Q2 2026+126%
PHM D Pulte HomesQ3 20056 of 1500.4%2.6%9Exited by Q4 2007−68%
TSM TSMC ADRQ1 20063 of 3290.2%2.3%61Held at last filing, Q2 2026+4814%
DE Deere & CoQ1 20071 of 1850.2%5.0%56Held at last filing, Q2 2026+1068%
KMX Carmax IncQ2 20075 of 1680.02%1.0%65Exited by Q3 2025+164%
FSLR D First SolarQ3 20072 of 2140.0%4.3%18Exited by Q1 2012−71%
BAP CredicorpQ4 20071 of 830.2%2.4%75Held at last filing, Q2 2026+431%
USX1 D United States Steel CorpQ4 20072 of 1740.9%2.6%6Exited by Q2 2009−82%
POOL SCP Pool CorporationQ1 20084 of 1551.0%1.5%26Exited by Q3 2024+1527%
BIDU Baidu.com Sponsored ADRQ1 20088 of 2310.0%16.1%69Held at last filing, Q2 2026+377%
AAPL AppleQ1 200815 of 2750.06%6.7%74Held at last filing, Q2 2026+5546%
9990302D Apache CorpQ2 20083 of 841.1%1.3%47Exited by Q1 2020−82%
KR D KrogerQ4 20083 of 1600.9%1.1%4Exited by Q4 2009−22%
ITUB Itau Unibanco Holding SA-ADRQ2 20091 of 850.7%4.8%69Held at last filing, Q2 2026+42%

Concentration and tenure

8.4%
Median largest position, all quarters
The largest single position as a share of the reported equity book.
46.8%
Median top 10 weight, all quarters
The ten largest positions together, as a share of the reported equity book.
Concentrated
Style, by median largest position
7
Median completed holding, quarters