§ 13F · FUND PROFILE
BAILLIE GIFFORD & CO.
Extreme growth, Scottish Mortgage Fund
AUM · $133890.9T (13F)Positions · 911Turnover · 96% · Q4Filed · Jan 23, 2026
CONCENTRATION
27%
Top 10 holdings
NEW BUYS
+72
+$11403.3T deployed
EXITS
0
No exits
SECTOR SHIFT
MEDIA → OTHER
-2pp · +2pp
3YR HIT RATE
—
Top-5 overlap
§ 01 · TOP HOLDINGS
The book · Q4 2025
FILED JAN 23, 2026
| # | Ticker | Name | Shares | $ value | % port | Δ Q4 |
|---|---|---|---|---|---|---|
| 1 | MELI | MercadoLibre | 2.35M | $4724.8T | 3.9% | +215% |
| 2 | NVDA | NVIDIA | 23.22M | $4329.8T | 3.6% | +628% |
| 3 | SPOT | Spotify Technology SA | 6.02M | $3496.7T | 2.9% | — |
| 4 | SE | Sea Ltd ADR | 26.02M | $3319.7T | 2.8% | NEW |
| 5 | AMZN | Amazon.Com | 14.07M | $3247.3T | 2.7% | +340% |
| 6 | SHOP | Shopify 'A' | 18.61M | $2996.3T | 2.5% | +109% |
| 7 | NU | Nu Holdings Ltd. | 166.20M | $2782.2T | 2.3% | +678% |
| 8 | NVDA | NVIDIA | 14.09M | $2628.6T | 2.2% | +342% |
| 9 | CPNG | Coupang | 100.94M | $2381.1T | 2.0% | NEW |
| 10 | AMZN | Amazon.Com | 10.23M | $2361.7T | 2.0% | +220% |
§ 02 · SECTOR ALLOCATION
Where the money is
Other31.2% (+2pp)
Retail22.6% (−2pp)
Technology18.4% (−1pp)
Media14.4% (−2pp)
Semiconductors8.0% (±0)
Health Care5.3% (+1pp)
§ 03 · THE BAILLIE SIGNAL
AC read
BAILLIE GIFFORD & CO is a Growth / Momentum fund managing $133890908.4 trillion in assets. The fund runs a broad portfolio of 911 positions, broad diversification across holdings, with the top 10 accounting for 27%. Trading activity is aggressive at 96% quarterly turnover, with 72 new positions and 0 exits last quarter. Top sector allocations: Other (31%), Retail (23%), Technology (18%).
Read the full dossier →§ 04 · FILING HISTORY
Q-by-Q deltas
1 FILINGS
Q4 2025
Busy quarter
+72 buys · −0 exits · 790 changed
Q3 2025
Steady book
+0 buys · −0 exits · 0 changed
Q2 2025
Steady book
+0 buys · −0 exits · 0 changed
Q1 2025
Steady book
+0 buys · −0 exits · 0 changed