Baillie Gifford 13F holdings, Q4 2025
Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →
Baillie Gifford disclosed 266 US equity positions worth $98.4bn in its Q4 2025 13F filing. The largest position was AMZN at 12.3% of the reported book, followed by MELI and SHOP. Against the Q3 2025 filing, it opened 1 new position, added to 14 and reduced 35 among the top 50 holdings.
What did Baillie Gifford own in Q4 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2025 |
|---|---|---|---|---|---|---|---|
| 1 | AMZN Amazon.Com | Consumer Cyclical | 12.3% | $12.1bn | 29,387,070 | -7% | reduced |
| 2 | MELI MercadoLibre | Consumer Cyclical | 7.4% | $7.3bn | 3,481,563 | 5% | added |
| 3 | SHOP Shopify 'A' | Technology | 5.0% | $4.9bn | 31,206,232 | -12% | reduced |
| 4 | META Meta Platforms Inc | Communication Services | 4.1% | $4.0bn | 4,399,233 | -17% | reduced |
| 5 | NET Cloudflare Inc | Technology | 3.8% | $3.7bn | 16,823,947 | -23% | reduced |
| 6 | CPNG Coupang | Consumer Cyclical | 3.6% | $3.5bn | 146,122,094 | -3% | reduced |
| 7 | SPOT Spotify Technology SA | Communication Services | 3.4% | $3.3bn | 8,331,104 | -4% | reduced |
| 8 | NFLX Netflix Inc | Communication Services | 3.3% | $3.3bn | 36,940,035 | 912% | added |
| 9 | NVDA NVIDIA | Technology | 2.7% | $2.7bn | 43,867,705 | -6% | reduced |
| 10 | APP AppLovin | Communication Services | 2.2% | $2.2bn | 6,166,349 | -1% | reduced |
| 11 | RBLX Roblox | Communication Services | 1.7% | $1.7bn | 21,543,528 | -8% | reduced |
| 12 | TTD The Trade Desk | Communication Services | 1.5% | $1.5bn | 22,305,995 | -23% | reduced |
| 13 | ISRG Intuitive Surgical | Healthcare | 1.3% | $1.3bn | 2,551,357 | -2% | reduced |
| 14 | PDD PDD Holdings Inc | Consumer Cyclical | 1.3% | $1.3bn | 31,032,323 | -2% | reduced |
| 15 | RPRX Royalty Pharma | Healthcare | 1.3% | $1.3bn | 17,008,768 | -2% | reduced |
| 16 | TEM Tempus Ai Inc | Healthcare | 1.3% | $1.3bn | 8,741,442 | -10% | reduced |
| 17 | RDDT Reddit | Communication Services | 1.3% | $1.2bn | 5,980,918 | -2% | reduced |
| 18 | XYZ Block Inc | Technology | 1.2% | $1.2bn | 9,875,845 | -15% | reduced |
| 19 | DASH Doordash Inc | Consumer Cyclical | 1.2% | $1.2bn | 7,970,062 | -4% | reduced |
| 20 | ENSG The Ensign Group | Healthcare | 1.1% | $1.1bn | 4,569,254 | 62% | added |
| 21 | SE Sea Ltd ADR | Consumer Cyclical | 1.1% | $1.0bn | 38,758,791 | -3% | reduced |
| 22 | ALNY Alnylam Pharmaceuticals | Healthcare | 1.1% | $1.0bn | 2,600,979 | -7% | reduced |
| 23 | DDOG Datadog | Technology | 1.0% | $1.0bn | 3,961,509 | -65% | reduced |
| 24 | SCI Service Corp.Intl. | Consumer Cyclical | 1.0% | $982.2m | 9,161,409 | -5% | reduced |
| 25 | W Wayfair Inc Class A | Consumer Cyclical | 1.0% | $956.0m | 4,002,104 | -4% | reduced |
| 26 | AXON Axon Enterprise Inc | Industrials | 0.9% | $889.2m | 1,642,578 | 1199% | added |
| 27 | TMO Thermo Fisher Scientific | Healthcare | 0.9% | $884.6m | 770,868 | 57% | added |
| 28 | MSFT Microsoft | Technology | 0.9% | $876.3m | 5,544,839 | -5% | reduced |
| 29 | NU Nu Holdings Ltd. | Financial Services | 0.9% | $876.0m | 257,256,952 | 2% | added |
| 30 | MakeMyTrip | 0.9% | $846.7m | 5,155,036 | 2% | added | |
| 31 | MDLN Medline Inc | Healthcare | 0.8% | $766.9m | 10,410,371 | – | new |
| 32 | SPGI S&P Global Inc | Financial Services | 0.8% | $758.6m | 724,613 | -5% | reduced |
| 33 | TSLA Tesla Inc | Consumer Cyclical | 0.7% | $662.6m | 1,342,801 | -19% | reduced |
| 34 | IOT Samsara | Technology | 0.6% | $635.9m | 47,660,513 | 15% | added |
| 35 | GOOG Alphabet Inc Class C | Communication Services | 0.6% | $633.4m | 3,750,936 | 29% | added |
| 36 | DG Dollar General Corp | Consumer Defensive | 0.6% | $592.5m | 3,316,155 | 2% | added |
| 37 | BZ Kanzhun ADR | Communication Services | 0.6% | $592.3m | 9,955,584 | 16% | added |
| 38 | GH Guardant Health | Healthcare | 0.6% | $574.0m | 4,890,026 | -5% | reduced |
| 39 | GOOGL Alphabet Inc Class A | Communication Services | 0.6% | $570.3m | 1,907,296 | 167% | added |
| 40 | DUOL Duolingo Inc | Technology | 0.6% | $543.8m | 4,861,445 | 72% | added |
| 41 | CBRE Cbre Group Inc | Real Estate | 0.5% | $531.1m | 2,687,007 | -5% | reduced |
| 42 | HDB HDFC Bank ADR | Financial Services | 0.5% | $519.9m | 5,746,819 | -16% | reduced |
| 43 | LMND Lemonade Inc | Financial Services | 0.5% | $505.6m | 2,866,446 | -3% | reduced |
| 44 | MKL Markel Corp | Financial Services | 0.5% | $500.2m | 188,437 | -4% | reduced |
| 45 | BN Brookfield Corp | Financial Services | 0.5% | $473.9m | 7,013,657 | 45% | added |
| 46 | BNTX BioNTech ADR | Healthcare | 0.5% | $473.8m | 1,244,867 | -84% | reduced |
| 47 | AFRM Affirm Holdings Inc Class A | Financial Services | 0.5% | $459.3m | 5,482,943 | -7% | reduced |
| 48 | ETN Eaton | Industrials | 0.4% | $401.7m | 673,840 | -3% | reduced |
| 49 | TXN Texas Instruments | Technology | 0.4% | $398.8m | 2,177,897 | -5% | reduced |
| 50 | SN SharkNinja | Consumer Cyclical | 0.4% | $393.4m | 1,988,633 | -3% | reduced |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.