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Baillie Gifford

Q3 2017 13F

As of
Sep 30, 2017
Filed
Oct 20, 2017
US stock
$79.0B · prev $74.3B
Positions
198 · prev 201
Options notional
$0
Documents
1· no amendments

Picture100.0% US stock

Full picture · of what this 13F reports is US stock

  • US stock listed on a US exchange 100.0%
  • Foreign stock not listed in the US 0.0%
  • Notes debt, at principal 0.0%
  • Puts at notional value 0.0%
  • Calls at notional value 0.0%

Moves193 since the prior filing

The book

Focused · behaves like 27 equal-sized positions

  1. Very concentrated
  2. Concentrated
  3. Focused
  4. Diversified

Low turnover · 5.7% a year, about 17.5 years per position

  1. Low
  2. Moderate
  3. High

Top 5 positions36% of US stock

  1. BABA Alibaba Group Holding Limited trimmed+1.00 pp trimmed+1.0010.0%
  2. AMZN Amazon.Com Inc trimmed−1.00 pp trimmed−1.007.9%
  3. BIDU Baidu, Inc. trimmed+1.67 pp trimmed+1.677.4%
  4. TSLA Tesla, Inc. trimmed−0.87 pp trimmed−0.875.7%
  5. META Meta Platforms, Inc. Class A trimmed+0.10 pp trimmed+0.104.8%

Positions198 in this filing · 12 exited

BABAAlibaba Group Holding Limited9.96%45,574,566$7.9Btrimmed−4%+1.00 pp13 q
AMZNAmazon.Com Inc7.88%6,477,598$6.2Btrimmed−5%−1.00 pp18 q
BIDUBaidu, Inc.7.40%23,602,990$5.8Btrimmed−1%+1.67 pp18 q
TSLATesla, Inc.5.66%13,096,158$4.5Btrimmed−2%−0.87 pp18 q
METAMeta Platforms, Inc. Class A4.85%22,425,021$3.8Btrimmed−4%+0.10 pp18 q
ILMNIllumina Inc4.61%18,273,316$3.6Btrimmed−2%+0.25 pp18 q
GOOGAlphabet Inc. Class C3.44%2,836,902$2.7Btrimmed−3%−0.13 pp14 q
CTRPTrip.com Group Limited3.44%51,537,618$2.7Badded0%−0.29 pp18 q
NVDANvidia Corp2.54%11,222,574$2.0Btrimmed−10%+0.11 pp7 q
TSMTaiwan Semiconductor Manufacturing Company Ltd.2.14%45,029,635$1.7Btrimmed−3%−0.03 pp7 q
RACEFerrari N.V.2.14%15,276,464$1.7Btrimmed−2%+0.35 pp7 q
MELIMercado Libre, Inc1.90%5,795,085$1.5Btrimmed−6%−0.18 pp18 q
unresolvedFiat Chrysler Automobiles NV s1.81%79,791,751$1.4Badded+18%+0.85 pp12 q
RCLRoyal Caribbean Group1.74%11,568,350$1.4Btrimmed−13%−0.21 pp18 q
NFLXNetFlix Inc1.65%7,206,616$1.3Btrimmed−4%+0.15 pp11 q
ISRGIntuitive Surgical Inc.1.49%1,128,807$1.2Btrimmed−4%+0.01 pp18 q
ELVElevance Health, Inc.1.19%4,932,138$937Mtrimmed−1%−0.06 pp12 q
MCOMoody's Corporation1.19%6,755,351$940Mtrimmed−1%+0.08 pp18 q
SGENSeagen Inc.1.06%15,411,197$839Mtrimmed−3%−0.04 pp18 q
MAMastercard Incorporated1.01%5,670,318$801Madded0%+0.09 pp18 q
TALTAL Education Group1.01%23,724,100$800Madded+5%+0.39 pp7 q
WDAYWorkday, Inc. Class A0.99%7,388,937$779Mtrimmed−2%0.00 pp18 q
unresolvedBluebird Bio Inc0.93%5,320,202$731Mtrimmed−1%+0.17 pp11 q
unresolvedNew Oriental Ed & Tech Grp I0.89%8,005,379$707Mtrimmed−3%+0.11 pp18 q
RYAAYRyanair Holdings plc0.88%6,585,790$694Mtrimmed−1%−0.08 pp8 q
AMTTd Ameritrade Holding Corp0.88%14,260,467$696Mtrimmed−27%−0.24 pp18 q
VVISA Inc.0.84%6,270,169$660Mtrimmed−1%+0.04 pp18 q
FRCBFirst Republic Bk CA0.77%5,844,242$610Mtrimmed−1%−0.02 pp18 q
CRMSalesforce, Inc.0.76%6,423,793$600Mtrimmed−5%−0.03 pp18 q
MKLMarkel Group Inc.0.74%549,071$586Mtrimmed−2%0.00 pp18 q
9990302DApache Corp0.71%12,294,916$563Mtrimmed−1%−0.09 pp18 q
KMXCarMax Inc.0.68%7,128,203$540Mtrimmed−18%−0.06 pp18 q
WATWaters Corp0.67%2,947,133$529Mtrimmed−0%−0.06 pp18 q
MKTXMarketAxess Holdings Inc.0.63%2,713,221$501Mtrimmed−1%−0.11 pp18 q
EOGEOG Resources, Inc.0.62%5,057,464$489Mtrimmed−4%−0.02 pp18 q
unresolvedJuno Therapeutics Inc0.62%10,848,400$487Mtrimmed−3%+0.17 pp8 q
JDJD.com, Inc.0.60%12,313,172$470Mtrimmed−13%−0.15 pp14 q
MLMMartin Marietta Materials0.57%2,195,930$453Mtrimmed−13%−0.19 pp18 q
unresolvedGrubhub Inc0.56%8,394,481$442Madded0%+0.07 pp10 q
ALNYAlnylam Pharmaceuticals, Inc.0.51%3,405,392$400Mtrimmed−1%+0.14 pp18 q
SPLKSplunk Inc0.51%6,005,438$399Mtrimmed−6%+0.02 pp16 q
VRSKVerisk Analytics, Inc.0.51%4,882,157$406Mtrimmed−0%−0.04 pp6 q
CHRWC.H. Robinson Worldwide, Inc.0.50%5,184,766$395Madded+1%+0.03 pp17 q
MTDMettler-Toledo International0.50%637,034$399Mtrimmed−5%−0.03 pp18 q
ITUBItau Unibanco Holding S.A.0.49%28,091,190$385Madded+21%+0.15 pp18 q
UAAUnder Armour, Inc.0.49%23,331,303$385Mtrimmed−5%−0.23 pp9 q
RMDResMed Inc.0.48%4,913,626$378Madded+1%−0.03 pp5 q
IONSIonis Pharmaceuticals, Inc.0.45%6,968,149$353Mtrimmed−6%−0.06 pp8 q
unresolvedLeucadia National0.45%14,037,865$354Mtrimmed−1%−0.05 pp12 q
RBARB Global, Inc.0.45%11,269,997$356Mtrimmed−3%0.00 pp18 q
WABWabtec Inc.0.45%4,658,543$353Mtrimmed−0%−0.12 pp7 q
CLColgate-Palmolive Company0.44%4,761,112$347Mtrimmed−4%−0.06 pp18 q
MYGNMyriad Genetics Inc0.44%9,610,537$348Mtrimmed−1%+0.10 pp17 q
TERTeradyne, Inc.0.43%9,067,284$338Mtrimmed−21%−0.03 pp18 q
ABMDAbiomed Inc0.42%1,976,961$333Madded0%+0.04 pp8 q
unresolvedAtlassian Corp Plc0.41%9,321,641$328Mtrimmed−8%−0.07 pp6 q
WUBA58.COM Inc0.39%4,823,568$305Madded×3.6+0.31 pp2 q
CXCemex S.A.B. de C.V.0.37%32,207,753$292Madded+3%−0.03 pp18 q
DXCMDexCom, Inc.0.36%5,777,634$283Mtrimmed−5%−0.24 pp18 q
CPACopa Holdings, S.A.0.36%2,305,963$287Mtrimmed−3%−0.02 pp18 q
IBKRInteractive Brokers Group, Inc. Class A0.34%5,879,333$265Mtrimmed−1%+0.04 pp7 q
NBISNebius Group N.V. Class A0.33%7,984,208$263Mtrimmed−64%−0.45 pp15 q
IBNICICI Bank Limited0.31%28,409,871$243Madded+34%+0.05 pp18 q
BAPCredicorp LTD0.30%1,161,213$238Mtrimmed−4%+0.01 pp18 q
SITESiteOne Landscape Supply, Inc.0.29%4,002,376$233Mtrimmed−1%+0.01 pp2 q
QSRRestaurant Brands International Inc.0.28%3,421,894$218Mtrimmed−2%−0.01 pp12 q
KEXKirby Corporation0.27%3,184,770$210Mtrimmed−1%−0.02 pp7 q
LECOLincoln Electric Holdings Inc0.27%2,312,559$212Mtrimmed−48%−0.28 pp18 q
ATHMAutohome Inc.0.26%3,366,959$202Mtrimmed−7%+0.04 pp10 q
HHCThe Howard Hughes Corporation0.26%1,710,190$202Mtrimmed−0%−0.02 pp15 q
unresolvedFinancial Engines0.25%5,583,570$194Mtrimmed−0%−0.03 pp15 q
AMDAdvanced Micro Devices0.24%14,730,102$188Mtrimmed−1%−0.01 pp2 q
SRCLStericycle Inc0.24%2,632,088$189Mtrimmed−0%−0.03 pp7 q
DNOWDNOW Inc.0.23%13,059,872$180Mtrimmed−0%−0.05 pp14 q
BBDBanco Bradesco S.A.0.22%15,763,638$175Mtrimmed−8%+0.02 pp4 q
TRIPTripAdvisor, Inc.0.22%4,190,667$170Mtrimmed−0%0.00 pp18 q
ZZillow Group, Inc. Class C0.20%3,977,907$160Madded+1%−0.06 pp9 q
PBRPetroleo Brasileiro S.a.-petrobras0.19%14,590,072$146Mtrimmed−8%+0.02 pp4 q
GOOGLAlphabet Inc. Class A0.18%143,325$140Mtrimmed−2%0.00 pp9 q
HDBHDFC Bank Limited0.18%1,461,230$141Madded+65%+0.08 pp11 q
EMBJEmbraer S.A.0.17%5,969,196$135Mtrimmed−5%+0.02 pp18 q
WWayfair Inc.0.17%1,938,701$131Madded+1%−0.03 pp9 q
CBPOChina Biologic Products Hold0.16%1,334,820$123Mnew+0.16 ppnew
PSMTPricesmart Inc0.14%1,261,123$113Mtrimmed−4%−0.01 pp18 q
SHOPShopify Inc. Class A subordinate voting shares0.14%938,661$109Mnew+0.14 ppnew
WSOWatsco, Inc.0.14%701,295$113Madded+1%0.00 pp18 q
DATATableau Software, Inc.0.13%1,405,232$105Madded+1%+0.02 pp7 q
CELGCelgene Corp0.12%673,296$98Madded+1%0.00 pp5 q
TREELendingTree, Inc.0.11%346,828$85Madded+3%+0.03 pp7 q
WIXWIX.com Ltd.0.11%1,169,297$84Mtrimmed−3%0.00 pp8 q
AXPAmerican Express Company0.10%906,178$82Madded+1%0.00 pp17 q
unresolvedEllie Mae0.09%818,296$67Madded+52%+0.01 pp17 q
VRTXVertex Pharmaceuticals Inc0.09%491,831$75Madded+1%+0.01 pp4 q
MMYTMakeMyTrip Limited0.09%2,537,697$73Madded+7%−0.02 pp3 q
AIYActivision Blizzard Inc0.08%918,514$59Madded+7%+0.01 pp4 q
FTVFortive Corporation0.08%927,603$66Madded+5%0.00 pp5 q
ZGZillow Group Inc Class A0.07%1,418,253$57Mtrimmed−5%−0.03 pp11 q
SINASina Corp0.07%483,063$55Mtrimmed−10%+0.01 pp7 q
CMGChipotle Mexican Grill, Inc.0.06%148,103$46Mtrimmed−2%−0.02 pp10 q
CSGPCoStar Group Inc0.06%174,734$47Madded+1%0.00 pp5 q
VVRInvesco Senior Income Trust0.06%10,337,518$46Madded+2%0.00 pp12 q
IRBTiRobot Corporation0.06%653,130$50Mtrimmed−13%−0.02 pp18 q
unresolvedVoya Prime Rate Trust0.06%8,478,476$44Madded+3%0.00 pp12 q
KOCoca-Cola Company0.05%831,888$37Madded+3%0.00 pp15 q
FASTFastenal Co0.05%911,500$42Madded+3%0.00 pp17 q
IPGPIPG Photonics Corporation0.05%202,503$37Madded+4%+0.01 pp18 q
SOHUNSohu.com Inc0.05%747,693$41Mtrimmed−8%0.00 pp7 q
UAUnder Armour, Inc. Class C, $0.0003 1/3 par value0.05%2,766,112$42Madded0%−0.02 pp4 q
JNJJohnson & Johnson0.04%270,479$35Madded+4%−0.01 pp18 q
MSFTMicrosoft Corp0.04%465,911$35Madded+57%+0.01 pp18 q
unresolvedNational Instrs Corp0.04%799,712$34Madded+5%0.00 pp10 q
PGProcter & Gamble Company0.04%360,097$33Madded+7%0.00 pp10 q
unresolvedTerraform Pwr Inc0.04%2,393,500$32Madded+36%+0.01 pp8 q
UPSUnited Parcel Service, Inc. Class B0.04%235,081$28Madded+5%+0.01 pp18 q
ALBAlbemarle Corporation0.03%191,439$26Madded+4%0.00 pp3 q
ADIAnalog Devices, Inc.0.03%305,516$26Madded+5%0.00 pp18 q
AGRAvangrid, Inc.0.03%482,360$23Madded+35%+0.01 pp7 q
BF.BBrown-Forman Corporation Class B0.03%438,032$24Madded+4%0.00 pp18 q
EIXEdison International0.03%263,680$20Madded+1%0.00 pp6 q
HEI.AHeico Corp Cl A0.03%330,266$25Madded+14%+0.01 pp2 q
ELThe Estee Lauder Companies Inc. Class A0.03%192,461$21Madded+72%+0.02 pp8 q
MTBM&T Bank Corp.0.03%122,981$20Mtrimmed−10%0.00 pp18 q
MCDMcDonald's Corporation0.03%148,833$23Madded+4%0.00 pp18 q
PCGPG&E Corporation0.03%310,979$21Madded+1%0.00 pp7 q
PEPPepsiCo, Inc.0.03%220,676$25Madded+4%0.00 pp18 q
TJXTJX Companies, Inc. (The)0.03%356,627$26Madded+1%0.00 pp18 q
TIFTiffany & Co.0.03%221,319$20Mtrimmed−2%0.00 pp17 q
TRUPTrupanion, Inc.0.03%1,005,983$27Madded+2%0.00 pp5 q
VECOVeeco Instruments Inc0.03%927,683$20Madded+59%+0.01 pp8 q
AVAVAeroVironment, Inc.0.02%359,014$19Madded+4%0.00 pp18 q
AEEAmeren Corporation0.02%264,880$15Madded+1%0.00 pp7 q
AAPLApple Inc.0.02%118,023$18Madded+6%0.00 pp18 q
BZUNBaozun Inc.0.02%485,040$16Madded+5%+0.01 pp3 q
BGTBlackRock Floating Rate Income Trust0.02%1,150,000$16Mheld—16 q
EDConsolidated Edison, Inc.0.02%187,872$15Madded+1%0.00 pp6 q
DLBDolby Laboratories, Inc.Class A0.02%284,144$16Madded+4%0.00 pp18 q
EVFEaton Vance Senior Income Trust0.02%1,885,000$12Mheld—16 q
ESEversource Energy0.02%246,603$15Madded+1%0.00 pp7 q
unresolvedExa Corp0.02%514,571$12Mtrimmed−1%+0.01 pp16 q
EXKExact Sciences Corp0.02%259,927$12Mnew+0.02 ppnew
EXCExelon Corporation0.02%408,195$15Madded+1%0.00 pp6 q
GSGoldman Sachs Group Inc.0.02%74,687$18Mtrimmed−16%−0.01 pp13 q
HEIHEICO Corporation0.02%201,533$18Mtrimmed−1%0.00 pp17 q
2051428DOmr Art Smgarp Eu Eq PEN-20.02%525,041$19Mtrimmed−13%−0.01 pp4 q
MULEMuleSoft, Inc.0.02%604,081$12Mnew+0.02 ppnew
unresolvedNuveen Senior Income Fund0.02%1,915,000$13Mheld—16 q
PCRXPacira BioSciences, Inc.0.02%320,582$12Madded+7%0.00 pp9 q
XPHDXPioneer Floating Rate Fund0.02%1,236,803$15Mheld—16 q
RDFNRedfin Corporation0.02%615,456$15Mnew+0.02 ppnew
SHWThe Sherwin-Williams Company0.02%38,058$14Mtrimmed−2%0.00 pp17 q
WECWEC Energy Group, Inc.0.02%206,537$13Madded+2%0.00 pp6 q
ADAPYAdaptimmune Theraptcs0.01%1,379,304$11Madded+4%0.00 pp7 q
ADROChinook Therapeutics Inc0.01%553,090$6Madded+31%0.00 pp7 q
unresolvedApollo Senior Floating Rate Fund Inc0.01%617,746$10Mheld—16 q
ONCBeOne Medicines Ltd.0.01%80,010$8Madded+8%+0.01 pp7 q
BNFTBenefitfocus, Inc.0.01%238,850$8Mnew+0.01 ppnew
BGBBlackstone Strategic Credit 2027 Term Fund0.01%373,080$6Madded+14%0.00 pp3 q
BTIBritish American Tobacco p.l.c.0.01%187,548$12Mnew+0.01 ppnew
CEVACEVA Inc.0.01%193,198$8Madded+5%0.00 pp3 q
CDXSCodexis, Inc.0.01%1,478,097$10Madded+1%0.00 pp11 q
96669EURDmrc LLC0.01%261,462$10Madded+3%0.00 pp9 q
FAROFaro Technologies Inc0.01%228,404$9Madded+5%0.00 pp18 q
unresolvedFoundation Medicine0.01%255,790$10Madded+3%0.00 pp13 q
HIMXHimax Technologies, Inc.0.01%675,800$7Mheld—10 q
HCMHUTCHMED (China) Limited0.01%185,604$5Madded+11%0.00 pp6 q
Liberty Interactive LLCconvertible0.01%15,165,000$11Madded×2.00.00 pp2 q
LTRPALiberty TripAdvisor Holdings, Inc. Series A0.01%543,314$7Mheld—11 q
MCHPMicrochip Technology Inc0.01%82,660$7Mheld—17 q
unresolvedMindbody Cl A0.01%266,264$7Madded+6%0.00 pp3 q
unresolvedNucana Plc ADR0.01%450,000$8Mnew+0.01 ppnew
XJQCXNuveen Credit Strategies Inc0.01%645,600$5Madded+11%0.00 pp3 q
PENPenumbra, Inc.0.01%68,679$6Mnew+0.01 ppnew
SLBSLB Limited0.01%119,127$8Mheld—17 q
Tesla Energy Operationsconvertible0.01%12,046,000$12Madded0%−0.01 pp2 q
STAAStaar Surgical Co0.01%698,742$9Madded+5%0.00 pp4 q
STMPStamps.com, Inc.0.01%58,048$12Mtrimmed−11%0.00 pp18 q
Sunpower Corpconvertible0.01%7,158,000$6Mtrimmed−6%0.00 pp2 q
TDOCTeladoc Health, Inc.0.01%306,012$10Madded+7%0.00 pp3 q
VARVarian Medical Systems, Inc.0.01%117,375$12Madded+17%0.00 pp17 q
WBWeibo Corporation0.01%102,038$10Mtrimmed−10%0.00 pp5 q
AMBAAmbarella, Inc.0.01%176,999$9Madded+47%0.00 pp3 q
BCRHBlue Capital Reinsurance Hol0.01%629,438$10Mheld—16 q
unresolvedLuxoft Holding0.01%96,930$5Mheld—6 q
SSYSStratasys Inc (ISRAEL)0.01%403,505$9Madded+7%0.00 pp18 q
ACTGAcacia Research Corporation0.00%365,820$2Mheld—18 q
unresolvedChina Rapid Finance ADR0.00%300,000$2Mheld—2 q
ECLEcolab, Inc.0.00%2,454$316,000added+21%0.00 pp3 q
XFCTXFirst Trust Snr FL Rt Inc II0.00%183,676$2Mheld—12 q
INFYInfosys Limited0.00%223,483$3Mtrimmed−94%−0.07 pp15 q
unresolvedKite Pharma Inc0.00%2,754$495,000added+7%0.00 pp3 q
KEPKorea Electric Power Corp0.00%44,300$742,000trimmed−2%0.00 pp5 q
NTESNetEase, inc.0.00%6,174$2Madded+87%0.00 pp5 q
REGNRegeneron Pharmaceuticals Inc0.00%5,500$2Mheld—18 q
RIORio Tinto plc0.00%70,626$3Mheld—13 q
WITWipro Limited0.00%593,192$3Madded+1%0.00 pp10 q
XYLXylem Inc0.00%7,215$452,000added+32%0.00 pp3 q
FOMXFoamix Pharmaceuticals Ltd0.00%219,400$1Mheld—10 q
unresolvedMobileye Nv0.00%40,437$3Mtrimmed−99%−0.43 pp5 q
unresolvedQiagen N.V—−7,169,829—exited−0.32 pp—
unresolvedChina Biologic Products Inc—−1,377,493—exited−0.21 pp—
HOGHarley-Davidson, Inc.—−951,821—exited−0.07 pp—
unresolvedReynolds American—−421,090—exited−0.04 pp—
unresolvedAqua America—−397,525—exited−0.02 pp—
AWRAmerican States Water Company—−155,890—exited−0.01 pp—
AWKAmerican Water Works Company, Inc—−128,649—exited−0.01 pp—
BMYBristol-Myers Squibb Co.—−177,742—exited−0.01 pp—
CWTCalifornia Water Service—−288,508—exited−0.01 pp—
unresolvedNovadaq Technologies Inc—−704,480—exited−0.01 pp—
BIOAQBioamber Inc—−579,540—exited0.00 pp—
SKMSK Telecom Co., Ltd.—−60,763—exited0.00 pp—

Source

Form
13F-HR
Reading
1 defect · 22 unresolved
Options
none in this filing
Notes
none in this filing
SEC cross-check
SEC data set not published yet
  • The filing disagrees with its own cover page — cover page declares value 78990312000; table sums 78990312 (cover in dollars, table in thousands) — kept, the table is the record