§ 13F · FUND PROFILE
BAILLIE GIFFORD & CO.
Extreme growth, Scottish Mortgage Fund
AUM · $135.0B (13F)Positions · 905Turnover · 28% · Q1Filed · May 8, 2026
CONCENTRATION
26%
Top 10 holdings
NEW BUYS
+16
+$531M deployed
EXITS
0
No exits
SECTOR SHIFT
TECHNOLOGY → OTHER
-2pp · +4pp
3YR HIT RATE
—
Top-5 overlap
§ 01 · TOP HOLDINGS
The book · Q1 2026
FILED MAY 8, 2026
| # | Ticker | Name | Shares | $ value | % port | Δ Q1 |
|---|---|---|---|---|---|---|
| 1 | MELI | MercadoLibre | 2.14M | $3.7B | 3.8% | −7% |
| 2 | NVDA | NVIDIA | 20.90M | $3.6B | 3.7% | −7% |
| 3 | SPOT | Spotify Technology SA | 5.88M | $2.9B | 2.9% | −1% |
| 4 | AMZN | Amazon.Com | 13.48M | $2.8B | 2.9% | −4% |
| 5 | NVDA | NVIDIA | 13.81M | $2.4B | 2.5% | — |
| 6 | NU | Nu Holdings Ltd. | 159.96M | $2.3B | 2.3% | −4% |
| 7 | SE | Sea Ltd ADR | 26.68M | $2.2B | 2.3% | +2% |
| 8 | AMZN | Amazon.Com | 10.06M | $2.1B | 2.1% | — |
| 9 | SHOP | Shopify 'A' | 17.17M | $2.0B | 2.1% | −7% |
| 10 | PDD | PDD Holdings Inc | 17.00M | $1.7B | 1.8% | −9% |
§ 02 · SECTOR ALLOCATION
Where the money is
Other34.9% (+4pp)
Retail21.4% (−1pp)
Technology16.1% (−2pp)
Media12.8% (−2pp)
Semiconductors8.8% (+1pp)
Health Care5.6% (±0)
§ 03 · THE BAILLIE SIGNAL
AC read
BAILLIE GIFFORD & CO is a Growth / Momentum fund managing $135.0 billion in assets. The fund runs a broad portfolio of 905 positions, broad diversification across holdings, with the top 10 accounting for 26%. The fund is an active trader with 28% quarterly turnover, with 16 new positions and 0 exits last quarter. Top sector allocations: Other (35%), Retail (21%), Technology (16%).
Read the full dossier →§ 04 · FILING HISTORY
Q-by-Q deltas
2 FILINGS
Q1 2026
Busy quarter
+16 buys · −0 exits · 238 changed
Q4 2025
Busy quarter
+22 buys · −0 exits · 228 changed
Q3 2025
Busy quarter
+19 buys · −0 exits · 231 changed
Q2 2025
Busy quarter
+19 buys · −0 exits · 230 changed