Baillie Gifford

Q4 2020 13F

As of: Dec 31, 2020
Filed: Feb 9, 2021
US stock: $179.7B · prev $145.2B
Positions: 429 · prev 252
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%

Moves420 since the prior filing

+2.6 pp in · −2.5 pp out

New 193 +0.82 pp
Added 136 +1.73 pp
Trimmed 75 −2.04 pp
Exited 16 −0.42 pp

The book

Focused · behaves like 35 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Low turnover · 21% a year, about 4.7 years per position

Low
Moderate
High

Top 5 positions29% of US stock

Positions429 in this filing · 16 exited


TSLATesla, Inc.	10.72%	27,304,170	$19.3B	trimmed−21%	+0.47 pp	31 q
AMZNAmazon.Com Inc	5.80%	3,197,240	$10.4B	trimmed−11%	−2.00 pp	31 q
MELIMercado Libre, Inc	4.43%	4,751,724	$8.0B	trimmed−2%	+0.81 pp	31 q
ILMNIllumina Inc	4.08%	19,834,762	$7.3B	added+12%	+0.31 pp	31 q
SPOTSpotify Technology S.A.	3.64%	20,795,970	$6.5B	trimmed−3%	+0.06 pp	11 q
SHOPShopify Inc. Class A subordinate voting shares	3.61%	5,724,739	$6.5B	added+1%	−0.37 pp	14 q
BABAAlibaba Group Holding Limited	3.25%	25,069,408	$5.8B	added0%	−1.82 pp	26 q
NIONIO Inc.	2.93%	107,907,768	$5.3B	trimmed−1%	+1.34 pp	10 q
PDDPDD Holdings Inc.	2.51%	25,369,450	$4.5B	added+6%	+1.29 pp	10 q
NFLXNetFlix Inc	2.44%	8,121,618	$4.4B	added+10%	−0.11 pp	24 q
GOOGAlphabet Inc. Class C	1.93%	1,983,092	$3.5B	trimmed−15%	−0.43 pp	27 q
METAMeta Platforms, Inc. Class A	1.70%	11,157,044	$3.0B	trimmed−0%	−0.32 pp	31 q
TALTAL Education Group	1.64%	41,107,547	$2.9B	trimmed−2%	−0.55 pp	20 q
RACEFerrari N.V.	1.51%	11,792,320	$2.7B	trimmed−2%	−0.02 pp	20 q
MRNAModerna, Inc.	1.41%	24,312,271	$2.5B	added×3.4	+1.06 pp	9 q
NVDANvidia Corp	1.36%	4,692,373	$2.5B	added+2%	−0.36 pp	20 q
PTONPeloton Interactive, Inc. Class A	1.35%	15,983,896	$2.4B	added+1%	+0.27 pp	6 q
TTDThe Trade Desk, Inc.	1.30%	2,912,374	$2.3B	added+2%	+0.28 pp	10 q
NETCloudflare, Inc. Class A, par value $0.001 per share	1.26%	29,862,238	$2.3B	added+8%	+0.48 pp	3 q
ZMZoom Communications, Inc. Class A	1.24%	6,605,021	$2.2B	added+5%	−0.80 pp	7 q
MAMastercard Incorporated	1.16%	5,838,563	$2.1B	trimmed−1%	−0.21 pp	31 q
DXCMDexCom, Inc.	1.12%	5,453,844	$2.0B	added+29%	−0.08 pp	31 q
WDAYWorkday, Inc. Class A	1.11%	8,308,544	$2.0B	added+1%	−0.11 pp	31 q
SESea Limited	0.98%	8,869,964	$1.8B	trimmed−4%	0.00 pp	13 q
WWayfair Inc.	0.97%	7,685,727	$1.7B	added+2%	−0.54 pp	22 q
MCOMoody's Corporation	0.88%	5,426,323	$1.6B	trimmed−2%	−0.22 pp	31 q
ISRGIntuitive Surgical Inc.	0.87%	1,910,477	$1.6B	added+2%	−0.05 pp	31 q
unresolvedAtlassian Corp Plc	0.86%	6,576,802	$1.5B	added+1%	+0.05 pp	19 q
MSFTMicrosoft Corp	0.85%	6,860,324	$1.5B	trimmed−2%	−0.17 pp	31 q
TDOCTeladoc Health, Inc.	0.81%	7,238,667	$1.4B	added+16%	−0.13 pp	16 q
CHGGChegg, Inc.	0.80%	15,985,840	$1.4B	added+2%	+0.03 pp	13 q
NVCRNovoCure Limited	0.80%	8,261,075	$1.4B	added+2%	+0.18 pp	13 q
CVNACarvana Co.	0.77%	5,806,161	$1.4B	added+2%	−0.10 pp	2 q
ELVElevance Health, Inc.	0.71%	3,951,669	$1.3B	trimmed−2%	−0.04 pp	25 q
CRMSalesforce, Inc.	0.70%	5,614,737	$1.2B	added+2%	−0.25 pp	31 q
ALNYAlnylam Pharmaceuticals, Inc.	0.66%	9,132,422	$1.2B	added+3%	−0.23 pp	31 q
RYAAYRyanair Holdings plc	0.64%	10,492,639	$1.2B	trimmed−2%	+0.04 pp	21 q
ONCBeOne Medicines Ltd.	0.61%	4,247,827	$1.1B	added×3.0	+0.33 pp	20 q
BEKEKE Holdings Inc.	0.60%	17,631,431	$1.1B	added+20%	−0.02 pp	2 q
ROKURoku, Inc. Class A	0.58%	3,132,766	$1.0B	added+26%	+0.26 pp	8 q
DNLIDenali Therapeutics Inc.	0.57%	12,190,256	$1.0B	added+13%	+0.30 pp	13 q
TMOThermo Fisher Scientific, Inc.	0.57%	2,181,583	$1.0B	trimmed−3%	−0.11 pp	13 q
TWLOTwilio Inc.	0.56%	2,992,072	$1.0B	trimmed−0%	+0.05 pp	3 q
ZZillow Group, Inc. Class C	0.56%	7,745,166	$1.0B	trimmed−32%	−0.23 pp	22 q
ABMDAbiomed Inc	0.55%	3,041,827	$986M	added+3%	−0.01 pp	21 q
APPNAppian Corporation Class A	0.55%	6,142,402	$996M	added+4%	+0.29 pp	8 q
AJGArthur J. Gallagher & Co.	0.55%	7,962,276	$985M	trimmed−3%	−0.04 pp	13 q
TSMTaiwan Semiconductor Manufacturing Company Ltd.	0.54%	8,931,444	$974M	trimmed−8%	0.00 pp	20 q
TERTeradyne, Inc.	0.53%	7,906,303	$948M	trimmed−2%	+0.09 pp	31 q
MKTXMarketAxess Holdings Inc.	0.51%	1,593,978	$909M	added+1%	−0.01 pp	31 q
FTCHQFarfetch Limited A	0.50%	14,154,162	$903M	trimmed−3%	+0.25 pp	7 q
BIDUBaidu, Inc.	0.48%	3,948,022	$854M	added0%	+0.14 pp	31 q
NTESNetEase, inc.	0.48%	9,001,333	$862M	added+1%	−0.08 pp	18 q
TMETencent Music Entertainment Group	0.46%	42,552,448	$819M	trimmed−1%	+0.02 pp	9 q
WIXWIX.com Ltd.	0.46%	3,285,177	$821M	trimmed−6%	−0.16 pp	21 q
ELThe Estee Lauder Companies Inc. Class A	0.45%	3,045,535	$811M	trimmed−3%	−0.02 pp	21 q
MLMMartin Marietta Materials	0.43%	2,701,126	$767M	added0%	−0.01 pp	31 q
BKNGBooking Holdings Inc.	0.42%	336,474	$749M	added+1%	+0.03 pp	3 q
CBRECbre Group, Inc.	0.39%	11,141,718	$699M	added+92%	+0.20 pp	3 q
MTDMettler-Toledo International	0.38%	598,272	$682M	trimmed−1%	−0.02 pp	31 q
BYNDBeyond Meat, Inc.	0.37%	5,322,371	$665M	added+75%	+0.02 pp	3 q
RMDResMed Inc.	0.36%	3,081,254	$655M	trimmed−2%	−0.01 pp	18 q
BRBroadridge Financial Solutions Inc	0.35%	4,067,731	$623M	trimmed−3%	−0.03 pp	7 q
FRCBFirst Republic Bk CA	0.35%	4,220,308	$620M	added+2%	+0.04 pp	31 q
ALBAlbemarle Corporation	0.34%	4,196,156	$619M	trimmed−3%	+0.07 pp	16 q
DDOGDatadog, Inc. Class A	0.34%	6,121,892	$603M	added+10%	−0.05 pp	2 q
CHWYChewy, Inc.	0.33%	6,640,404	$597M	added+3%	+0.09 pp	7 q
PBRPetroleo Brasileiro S.a.-petrobras	0.33%	52,629,207	$591M	added+2%	+0.08 pp	17 q
RDFNRedfin Corporation	0.33%	8,616,479	$591M	added+3%	+0.04 pp	14 q
SGENSeagen Inc.	0.32%	3,243,779	$568M	trimmed−2%	−0.12 pp	31 q
SITESiteOne Landscape Supply, Inc.	0.32%	3,650,989	$579M	trimmed−2%	+0.01 pp	15 q
LYFTLyft, Inc. Class A	0.31%	11,229,613	$552M	added+2%	+0.10 pp	8 q
AXONAxon Enterprise, Inc.	0.30%	4,329,299	$530M	added+1%	+0.03 pp	9 q
SCIService Corporation International	0.30%	10,832,692	$532M	trimmed−2%	−0.02 pp	10 q
unresolvedFiat Chrysler Automobiles NV s	0.30%	29,705,863	$533M	trimmed−3%	+0.04 pp	25 q
ZLABZai Lab Limited	0.29%	3,850,149	$521M	added+7%	+0.08 pp	8 q
RBARB Global, Inc.	0.28%	7,259,479	$505M	trimmed−3%	−0.02 pp	31 q
CSGPCoStar Group Inc	0.25%	477,695	$442M	added+5%	−0.01 pp	18 q
MKLMarkel Group Inc.	0.25%	428,362	$443M	trimmed−3%	−0.05 pp	31 q
IBNICICI Bank Limited	0.24%	29,251,281	$435M	added+7%	+0.06 pp	31 q
ZGZillow Group Inc Class A	0.24%	3,179,466	$432M	trimmed−13%	−0.01 pp	24 q
VRMVroom, Inc.	0.23%	9,868,922	$404M	added×2.3	+0.08 pp	3 q
LMNDLemonade, Inc.	0.22%	3,282,302	$402M	added+4%	+0.11 pp	2 q
VALEVale S.a.	0.22%	23,772,868	$398M	trimmed−25%	−0.01 pp	8 q
WSOWatsco, Inc.	0.22%	1,740,312	$394M	added+3%	−0.05 pp	31 q
CVACCurevac NV	0.22%	4,801,656	$389M	added+23%	+0.10 pp	2 q
GOOGLAlphabet Inc. Class A	0.21%	217,387	$381M	added+14%	+0.02 pp	22 q
TREELendingTree, Inc.	0.21%	1,348,694	$369M	trimmed−1%	−0.08 pp	20 q
CPACopa Holdings, S.A.	0.21%	5,001,036	$386M	added+2%	+0.04 pp	31 q
EOGEOG Resources, Inc.	0.20%	7,159,063	$357M	trimmed−2%	+0.02 pp	31 q
GKOSGlaukos Corporation	0.20%	4,864,524	$366M	added+11%	+0.05 pp	13 q
JMIAJumia Technologies AG	0.20%	8,957,703	$361M	trimmed−1%	+0.15 pp	7 q
KCKingsoft Cloud Holdings Limited	0.18%	7,346,496	$320M	new	+0.18 pp	new
WORKSlack Technologies, Inc.	0.18%	7,727,803	$326M	trimmed−11%	+0.02 pp	6 q
SRCLStericycle Inc	0.18%	4,765,211	$330M	trimmed−2%	−0.03 pp	20 q
ATHMAutohome Inc.	0.17%	2,987,789	$298M	trimmed−4%	−0.04 pp	23 q
JEFJefferies Financial Group Inc.	0.17%	12,231,542	$301M	trimmed−3%	+0.01 pp	11 q
SFIXStitch Fix, Inc. Class A	0.17%	5,211,686	$306M	added+4%	+0.08 pp	13 q
BAPCredicorp LTD	0.17%	1,813,831	$298M	trimmed−5%	+0.01 pp	31 q
SNOWSnowflake Inc.	0.16%	993,901	$280M	trimmed−0%	−0.01 pp	2 q
HHCThe Howard Hughes Corporation	0.15%	3,472,329	$274M	added+3%	+0.02 pp	28 q
SPGIS&P Global Inc.	0.15%	797,467	$262M	trimmed−4%	−0.06 pp	3 q
WABWabtec Inc.	0.15%	3,720,104	$272M	trimmed−1%	−0.01 pp	20 q
IBKRInteractive Brokers Group, Inc. Class A	0.14%	4,185,437	$255M	trimmed−22%	−0.04 pp	20 q
TCOMTrip.com Group Limited	0.14%	7,463,121	$252M	trimmed−36%	−0.11 pp	31 q
D0ADada Nexus Ltd-adr	0.13%	6,280,844	$229M	added×8.6	+0.12 pp	3 q
ITUBItau Unibanco Holding S.A.	0.13%	37,325,216	$227M	added0%	+0.03 pp	31 q
unresolvedLufax Holding Ltd	0.13%	17,042,960	$242M	new	+0.13 pp	new
DASHDoorDash, Inc. Class A	0.12%	1,560,591	$223M	new	+0.12 pp	new
CXCemex S.A.B. de C.V.	0.11%	39,366,477	$204M	added+1%	+0.01 pp	31 q
PENPenumbra, Inc.	0.11%	1,156,766	$202M	added+6%	−0.04 pp	14 q
BBDBanco Bradesco S.A.	0.10%	33,157,721	$174M	added+4%	+0.02 pp	17 q
STAAStaar Surgical Co	0.10%	2,346,877	$186M	added+1%	+0.01 pp	17 q
TRUPTrupanion, Inc.	0.10%	1,439,223	$172M	added0%	+0.02 pp	18 q
YEXTYext, Inc.	0.10%	11,540,124	$181M	trimmed−1%	−0.02 pp	10 q
BLBlackLine, Inc.	0.09%	1,258,610	$168M	added+1%	+0.01 pp	12 q
HDBHDFC Bank Limited	0.09%	2,155,499	$156M	added+2%	+0.02 pp	24 q
HEI.AHeico Corp Cl A	0.09%	1,359,636	$159M	trimmed−1%	+0.01 pp	15 q
JDJD.com, Inc.	0.09%	1,871,356	$164M	trimmed−27%	−0.05 pp	27 q
UPWKUpwork Inc.	0.09%	4,467,561	$154M	added+19%	+0.04 pp	7 q
EXKExact Sciences Corp	0.08%	1,149,244	$152M	added+14%	+0.01 pp	14 q
PBR.APetroleo Brasileiro S.A.-Petrobras	0.08%	12,564,336	$139M	added+30%	+0.03 pp	11 q
PLANAnaplan, Inc.	0.07%	1,871,940	$134M	added0%	−0.01 pp	9 q
CDXSCodexis, Inc.	0.07%	5,795,398	$127M	added+8%	+0.03 pp	24 q
PCRXPacira BioSciences, Inc.	0.07%	1,963,795	$118M	added+12%	0.00 pp	22 q
PLTRPalantir Technologies Inc. Class A	0.07%	5,624,297	$132M	new	+0.07 pp	new
FASTFastenal Co	0.06%	2,206,854	$108M	trimmed−2%	−0.01 pp	30 q
TXG10x Genomics, Inc. Class A	0.06%	775,020	$110M	added+52%	+0.02 pp	4 q
VIRVir Biotechnology, Inc.	0.06%	3,744,948	$100M	added+1%	−0.03 pp	5 q
XYLXylem Inc	0.06%	1,134,246	$115M	added+47%	+0.02 pp	16 q
CYBRCyberark Software LTD/ISRAEL	0.06%	647,963	$105M	added+1%	+0.01 pp	4 q
CLDRCloudera, Inc.	0.05%	6,737,128	$94M	added+19%	+0.01 pp	2 q
DEDeere & Company	0.05%	361,141	$97M	added+47%	+0.01 pp	4 q
EVBGEverbridge, Inc.	0.05%	656,555	$98M	new	+0.05 pp	new
RAMPLiveRamp Holdings, Inc.	0.05%	1,205,987	$88M	added+1%	+0.01 pp	5 q
OZONOzon Holdings PLC	0.05%	1,989,190	$82M	new	+0.05 pp	new
QTWOQ2 Holdings Inc	0.05%	655,918	$83M	added+4%	+0.01 pp	3 q
TTMTata Motors Limited	0.05%	6,850,083	$86M	added×3.0	+0.04 pp	2 q
UPSUnited Parcel Service, Inc. Class B	0.05%	510,785	$86M	added+1%	−0.01 pp	31 q
AVAVAeroVironment, Inc.	0.04%	918,020	$80M	added+1%	0.00 pp	31 q
AGRAvangrid, Inc.	0.04%	1,484,304	$67M	added0%	−0.01 pp	3 q
BLIBerkeley Lights, Inc.	0.04%	777,060	$69M	added+28%	+0.01 pp	2 q
9213421DBrookfield Renewable Cor-a	0.04%	1,127,548	$66M	added+50%	+0.01 pp	2 q
ECLEcolab, Inc.	0.04%	372,376	$81M	added+73%	+0.01 pp	16 q
EBEventbrite, Inc. Class A	0.04%	3,509,402	$64M	added+4%	+0.01 pp	8 q
IPGPIPG Photonics Corporation	0.04%	347,865	$78M	added+4%	0.00 pp	31 q
IRBTiRobot Corporation	0.04%	856,261	$69M	added0%	0.00 pp	31 q
SLViShares Silver Trust	0.04%	2,506,900	$64M	new	+0.04 pp	new
LPSNLivePerson Inc	0.04%	1,243,626	$77M	added+8%	0.00 pp	2 q
PGProcter & Gamble Company	0.04%	547,848	$76M	added0%	−0.01 pp	23 q
QSQuantumScape Corporation Class A	0.04%	913,279	$77M	new	+0.04 pp	new
SPLKSplunk Inc	0.04%	377,886	$64M	added+1%	−0.01 pp	29 q
unresolvedYatsen Holding Ltd ADR	0.04%	4,711,704	$80M	new	+0.04 pp	new
MMYTMakeMyTrip Limited	0.04%	2,632,913	$78M	trimmed−2%	+0.01 pp	16 q
ADAPYAdaptimmune Theraptcs	0.03%	10,357,780	$56M	added+46%	−0.01 pp	20 q
AEEAmeren Corporation	0.03%	604,295	$47M	added0%	0.00 pp	5 q
AEPAmerican Electric Power Company, Inc.	0.03%	655,191	$55M	added0%	−0.01 pp	3 q
ADIAnalog Devices, Inc.	0.03%	335,536	$50M	added+1%	0.00 pp	31 q
AAPLApple Inc.	0.03%	411,907	$55M	added+1%	0.00 pp	31 q
BZUNBaozun Inc.	0.03%	1,514,108	$52M	added+5%	0.00 pp	16 q
CHRWC.H. Robinson Worldwide, Inc.	0.03%	570,605	$54M	added+2%	−0.01 pp	30 q
KOCoca-Cola Company	0.03%	893,158	$49M	trimmed−29%	−0.01 pp	28 q
EDConsolidated Edison, Inc.	0.03%	762,816	$55M	added0%	−0.01 pp	19 q
DTEDTE Energy Company	0.03%	478,229	$58M	added0%	−0.01 pp	3 q
ESEversource Energy	0.03%	562,661	$49M	added0%	0.00 pp	20 q
GRFSGrifois, S.A.	0.03%	3,382,932	$62M	added+3%	−0.01 pp	4 q
HUYAHUYA Inc.	0.03%	3,002,731	$60M	added+38%	−0.01 pp	4 q
unresolvedNational Instrs Corp	0.03%	1,370,910	$60M	added+44%	+0.01 pp	23 q
PEPPepsiCo, Inc.	0.03%	414,285	$61M	added+1%	−0.01 pp	31 q
SWAVShockwave Medical, Inc.	0.03%	500,443	$52M	added+13%	+0.01 pp	6 q
AMBAAmbarella, Inc.	0.03%	577,393	$53M	added+15%	+0.01 pp	16 q
ARCCAres Capital Corporation	0.02%	1,880,870	$32M	held	—	3 q
BNRBurning Rock Biotech Limited	0.02%	1,577,557	$36M	added+56%	0.00 pp	3 q
CSCOCisco Systems, Inc. (DE)	0.02%	610,056	$27M	trimmed−0%	0.00 pp	3 q
96669EURDmrc LLC	0.02%	760,625	$36M	trimmed−0%	+0.01 pp	22 q
DLBDolby Laboratories, Inc.Class A	0.02%	293,157	$28M	added+1%	+0.01 pp	31 q
EVEREverQuote, Inc. Class A	0.02%	1,153,385	$43M	added+6%	−0.01 pp	5 q
FAROFaro Technologies Inc	0.02%	446,108	$32M	added+1%	0.00 pp	31 q
ICLKIclick Interactive Asia-adr	0.02%	4,982,960	$43M	added+49%	0.00 pp	3 q
INFYInfosys Limited	0.02%	2,462,375	$42M	added+6%	0.00 pp	28 q
IQiQIYI, Inc.	0.02%	1,809,256	$32M	added+58%	0.00 pp	3 q
MCDMcDonald's Corporation	0.02%	177,176	$38M	trimmed0%	−0.01 pp	31 q
5RTRubius Therapeutics Inc	0.02%	4,710,061	$36M	added+10%	+0.01 pp	10 q
SIMOSilicon Motion Technology Corporation	0.02%	581,441	$28M	new	+0.02 pp	new
unresolvedSutro Biopharma	0.02%	1,695,654	$37M	held	—	3 q
TRHCTabula Rasa HealthCare, Inc.	0.02%	738,793	$32M	added+11%	0.00 pp	3 q
TNDMTandem Diabetes Care, Inc.	0.02%	295,445	$28M	added0%	0.00 pp	10 q
ZUOZuora, Inc.	0.02%	3,022,420	$42M	added+79%	+0.01 pp	8 q
APIAgora, Inc.	0.01%	433,200	$17M	added+8%	0.00 pp	3 q
ALGNAlign Technology Inc	0.01%	29,346	$16M	trimmed−13%	0.00 pp	13 q
AMSCAmerican Superconductor Corp	0.01%	650,300	$15M	added+26%	0.00 pp	2 q
AXGNAxogen, Inc.	0.01%	1,161,752	$21M	added+8%	0.00 pp	10 q
BNFTBenefitfocus, Inc.	0.01%	947,612	$14M	trimmed−1%	0.00 pp	14 q
BILIBilibili Inc.	0.01%	282,426	$24M	added×2.0	+0.01 pp	3 q
BGTBlackRock Floating Rate Income Trust	0.01%	784,230	$9M	held	—	29 q
CEVACEVA Inc.	0.01%	486,512	$22M	added0%	0.00 pp	16 q
290AChinook Therapeutics Inc	0.01%	844,684	$13M	trimmed−80%	0.00 pp	20 q
unresolvedCooper Cos Inc/The	0.01%	35,700	$13M	new	+0.01 pp	new
CFRCullen/Frost Bankers Inc.	0.01%	239,337	$21M	added+4%	0.00 pp	10 q
EWEdwards Lifesciences Corp	0.01%	280,311	$26M	added+11%	0.00 pp	9 q
unresolvedFirstCash Holdings Inc	0.01%	293,000	$21M	new	+0.01 pp	new
HEIHEICO Corporation	0.01%	157,048	$21M	trimmed−4%	0.00 pp	30 q
HCMHUTCHMED (China) Limited	0.01%	294,023	$9M	added+8%	0.00 pp	19 q
VVRInvesco Senior Income Trust	0.01%	3,195,695	$13M	held	—	25 q
LINDLindblad Expeditions Holdings Inc.	0.01%	700,000	$12M	held	—	13 q
MTBM&T Bank Corp.	0.01%	73,026	$9M	trimmed−14%	0.00 pp	31 q
NBTXNanobiotix S.A.	0.01%	1,400,000	$23M	new	+0.01 pp	new
unresolvedNucana Plc ADR	0.01%	3,319,330	$15M	added+9%	0.00 pp	14 q
unresolvedOneConnect Financial Technology ADR	0.01%	938,451	$18M	new	+0.01 pp	new
TROWT Rowe Price Group Inc	0.01%	177,441	$27M	trimmed−0%	−0.01 pp	4 q
SHWThe Sherwin-Williams Company	0.01%	16,631	$12M	trimmed−13%	0.00 pp	30 q
SIX1Six Flags Entertainment Corp.	0.01%	634,800	$22M	new	+0.01 pp	new
TJXTJX Companies, Inc. (The)	0.01%	215,250	$15M	trimmed−8%	0.00 pp	31 q
UBXGBUnity Biotechnology Inc	0.01%	3,803,014	$20M	held	—	11 q
VECOVeeco Instruments Inc	0.01%	1,333,700	$23M	added+1%	0.00 pp	21 q
VRSKVerisk Analytics, Inc.	0.01%	57,521	$12M	trimmed−13%	0.00 pp	19 q
VVISA Inc.	0.01%	72,337	$16M	trimmed−11%	0.00 pp	31 q
WATWaters Corp	0.01%	93,091	$23M	trimmed−9%	0.00 pp	31 q
MDTMedtronic plc	0.01%	208,747	$24M	new	+0.01 pp	new
STNEStoneCo Ltd. Class A	0.01%	128,512	$11M	added+1%	+0.01 pp	5 q
SSYSStratasys Inc (ISRAEL)	0.01%	896,712	$19M	trimmed−0%	0.00 pp	31 q
NBISNebius Group N.V. Class A	0.01%	205,414	$14M	new	+0.01 pp	new
RCLRoyal Caribbean Group	0.01%	252,000	$19M	new	+0.01 pp	new
ACMRACM Research, Inc. Class A	0.00%	208	$17,000	new	0.00 pp	new
ACIAAcacia Communications, Inc.	0.00%	769	$56,000	new	0.00 pp	new
ACADAcadia Pharmaceuticals Inc.	0.00%	532	$28,000	new	0.00 pp	new
unresolvedAccelerate Diagnostics	0.00%	371	$3,000	new	0.00 pp	new
AFIBAcutus Medical Inc	0.00%	418	$12,000	new	0.00 pp	new
TORCAdicet Bio, Inc.	0.00%	181,626	$3M	held	—	2 q
AMDAdvanced Micro Devices	0.00%	526	$48,000	new	0.00 pp	new
AGIOAgios Pharmaceuticals, Inc.	0.00%	183	$8,000	new	0.00 pp	new
ALECAlector, Inc.	0.00%	122,406	$2M	added+92%	0.00 pp	8 q
MDRXVeradigm Inc	0.00%	704	$10,000	new	0.00 pp	new
AYXAlteryx, Inc.	0.00%	321	$39,000	new	0.00 pp	new
unresolvedAmerican Well Corp Class A	0.00%	186,706	$5M	added+95%	0.00 pp	2 q
AM6Amicus Therapeutics Inc	0.00%	535	$12,000	new	0.00 pp	new
AMRXAmneal Pharmaceuticals, Inc. Class A	0.00%	517	$2,000	new	0.00 pp	new
NLYAnnaly Capital Management. Inc.	0.00%	7,446	$63,000	held	—	10 q
ATEXAnterix Inc.	0.00%	162	$6,000	new	0.00 pp	new
APPFAppFolio, Inc. Class A	0.00%	262	$47,000	new	0.00 pp	new
AAOIApplied Optoelectronics, Inc.	0.00%	260	$2,000	new	0.00 pp	new
AGXArgan, Inc	0.00%	103	$5,000	new	0.00 pp	new
ANETArista Networks	0.00%	98	$28,000	new	0.00 pp	new
ASNDAscendis Pharma A/S	0.00%	47,155	$8M	new	0.00 pp	new
ATRIAtrion Corp	0.00%	9	$6,000	new	0.00 pp	new
AVYAvery Dennison Corp.	0.00%	109	$17,000	new	0.00 pp	new
AXNXAxonics, Inc.	0.00%	249	$12,000	new	0.00 pp	new
BANDBandwidth Inc. Class A	0.00%	150	$23,000	new	0.00 pp	new
ABXBarrick Mining Corporation	0.00%	6,005	$137,000	held	—	3 q
BEAMBeam Therapeutics Inc.	0.00%	495	$40,000	new	0.00 pp	new
BMRNBioMarin Pharmaceuticals Inc	0.00%	74	$6,000	new	0.00 pp	new
BBBlackBerry Limited	0.00%	3,175	$21,000	new	0.00 pp	new
BLQADBlackrock Inc	0.00%	21	$15,000	new	0.00 pp	new
unresolvedBlue Apron Holdings Inc	0.00%	148,506	$830,000	held	—	10 q
unresolvedBluebird Bio Inc	0.00%	23,325	$1M	trimmed−97%	−0.03 pp	24 q
BOXBox, Inc.	0.00%	1,015	$18,000	new	0.00 pp	new
BRCBrady Corporation	0.00%	256	$14,000	new	0.00 pp	new
BBIOBridgeBio Pharma, Inc.	0.00%	118,532	$8M	added+96%	0.00 pp	4 q
BMYBristol-Myers Squibb Co.	0.00%	583	$36,000	new	0.00 pp	new
BTIBritish American Tobacco p.l.c.	0.00%	219,238	$8M	added0%	−0.01 pp	14 q
CVGWCalavo Growers Inc	0.00%	122	$8,000	new	0.00 pp	new
CARGCarGurus, Inc. Class A	0.00%	332	$11,000	new	0.00 pp	new
CERSCerus Corp	0.00%	1,189	$8,000	new	0.00 pp	new
CHDChurch & Dwight Co., Inc.	0.00%	184	$16,000	new	0.00 pp	new
CLVSNClovis Oncology Inc	0.00%	142	$1,000	new	0.00 pp	new
CNSCohen & Steers Inc.	0.00%	344	$26,000	new	0.00 pp	new
CHRSCoherus Oncology, Inc.	0.00%	1,703	$30,000	new	0.00 pp	new
COLMColumbia Sportswear Co	0.00%	100	$9,000	new	0.00 pp	new
VISNVistance Networks, Inc.	0.00%	1,486	$20,000	new	0.00 pp	new
COUPCoupa Software Incorporated	0.00%	375	$127,000	new	0.00 pp	new
CRWDCrowdStrike Holdings, Inc. Class A	0.00%	132	$28,000	new	0.00 pp	new
DRIDarden Restaurants, Inc.	0.00%	84	$10,000	new	0.00 pp	new
DBXDropbox, Inc. Class A	0.00%	923	$20,000	new	0.00 pp	new
EGHT8x8, Inc.	0.00%	2,565	$88,000	new	0.00 pp	new
EBSEmergent Biosolutions, Inc.	0.00%	407	$36,000	new	0.00 pp	new
EPAMEpam Systems, Inc.	0.00%	115	$41,000	new	0.00 pp	new
EFXEquifax, Incorporated	0.00%	43	$8,000	new	0.00 pp	new
ETSYEtsy, Inc.	0.00%	714	$127,000	new	0.00 pp	new
EXCExelon Corporation	0.00%	19,387	$819,000	held	—	19 q
EXPDExpeditors International of Washington, Inc.	0.00%	130	$12,000	new	0.00 pp	new
EXPOExponent Inc	0.00%	243	$22,000	new	0.00 pp	new
EXTRExtreme Networks	0.00%	588	$4,000	new	0.00 pp	new
FGENKyntra Bio, Inc.	0.00%	347	$13,000	new	0.00 pp	new
FTSFortis Inc.	0.00%	18,837	$769,000	held	—	3 q
FTVFortive Corporation	0.00%	109,219	$8M	trimmed−25%	−0.01 pp	18 q
FOXAFox Corporation Class A	0.00%	343	$10,000	new	0.00 pp	new
GNTXGentex Corp	0.00%	478	$16,000	new	0.00 pp	new
GBTGlobal Blood Therapeutics, Inc.	0.00%	950	$41,000	new	0.00 pp	new
GLUUGlu Mobile Inc.	0.00%	5,180	$47,000	new	0.00 pp	new
HALOHalozyme Therapeutics, Inc.	0.00%	954	$41,000	new	0.00 pp	new
HCSGHealthcare Services Group	0.00%	153	$4,000	new	0.00 pp	new
HCATHealth Catalyst, Inc	0.00%	122,053	$5M	added+96%	0.00 pp	6 q
JKHYHenry (Jack) & Associates	0.00%	73	$12,000	new	0.00 pp	new
HRTXHeron Therapeutics, Inc.	0.00%	326	$7,000	new	0.00 pp	new
HIHillenbrand, Inc.	0.00%	167	$7,000	new	0.00 pp	new
HDHome Depot, Inc.	0.00%	61	$16,000	new	0.00 pp	new
FIXXQ32 Bio Inc	0.00%	481	$5,000	new	0.00 pp	new
HRLHormel Foods Corporation	0.00%	247	$12,000	new	0.00 pp	new
HUBBHubbell Incorporated	0.00%	92	$14,000	new	0.00 pp	new
HUBSHubspot, Inc.	0.00%	155	$61,000	new	0.00 pp	new
INCYIncyte Genomics Inc	0.00%	184	$16,000	new	0.00 pp	new
INFNInfinera Corporation	0.00%	2,842	$30,000	new	0.00 pp	new
INSMInsmed, Inc.	0.00%	760	$25,000	new	0.00 pp	new
IPHIInphi Corporation	0.00%	532	$85,000	new	0.00 pp	new
INSPInspire Medical Systems, Inc.	0.00%	196	$37,000	new	0.00 pp	new
INGNInogen Inc	0.00%	149	$7,000	new	0.00 pp	new
ICPTIntercept Pharmaceuticals, Inc.	0.00%	86	$2,000	new	0.00 pp	new
XENTIntersect ENT, Inc	0.00%	340	$8,000	new	0.00 pp	new
IONSIonis Pharmaceuticals, Inc.	0.00%	126,218	$7M	trimmed−97%	−0.16 pp	21 q
IRWDIronwood Pharmaceuticals, Inc. - Class A	0.00%	990	$11,000	new	0.00 pp	new
ITRIItron Inc	0.00%	199	$19,000	new	0.00 pp	new
JJSFJ&J Snack Foods Corp	0.00%	79	$12,000	new	0.00 pp	new
JNJJohnson & Johnson	0.00%	88	$14,000	new	0.00 pp	new
ZDZiff Davis, Inc.	0.00%	77	$8,000	new	0.00 pp	new
KLDOKaleido Biosciences Inc	0.00%	440,000	$4M	held	—	8 q
KEYSKeysight Technologies, Inc.	0.00%	157	$21,000	new	0.00 pp	new
KEPKorea Electric Power Corp	0.00%	159,440	$2M	added+4%	0.00 pp	18 q
LCIILCI Industries	0.00%	89	$12,000	new	0.00 pp	new
LHXL3Harris Technologies, Inc.	0.00%	57	$11,000	new	0.00 pp	new
LBRDKLiberty Broadband Corporation Class C	0.00%	71	$11,000	new	0.00 pp	new
LSPDLightspeed Commerce Inc.	0.00%	312	$22,000	new	0.00 pp	new
LOWLowe's Companies Inc.	0.00%	72	$12,000	new	0.00 pp	new
LITELumentum Holdings Inc.	0.00%	183	$17,000	new	0.00 pp	new
37MMrc Global Inc	0.00%	650,000	$4M	held	—	10 q
MASIMasimo Corporation	0.00%	31,367	$8M	added×2.3	0.00 pp	6 q
MXLMaxLinear, Inc.	0.00%	861	$33,000	new	0.00 pp	new
MRCYMercury Systems Inc.	0.00%	217	$19,000	new	0.00 pp	new
MDPMeredith Corporation	0.00%	320	$6,000	new	0.00 pp	new
MDXGMiMedx Group, Inc	0.00%	484	$4,000	new	0.00 pp	new
MBTMobile TeleSystems Public Joint Stock Company	0.00%	29,700	$266,000	held	—	10 q
MODModine Manufacturing Co	0.00%	558	$7,000	new	0.00 pp	new
MDBMongoDB, Inc. Class A	0.00%	241	$87,000	new	0.00 pp	new
MPWRMonolithic Power Systems, Inc.	0.00%	79	$29,000	new	0.00 pp	new
NVEENV5 Global, Inc.	0.00%	128	$10,000	new	0.00 pp	new
NKTRNektar Therapeutics	0.00%	1,511	$26,000	new	0.00 pp	new
NVRONNevro Corp	0.00%	148	$26,000	new	0.00 pp	new
NEWRNew Relic, Inc.	0.00%	184	$12,000	new	0.00 pp	new
NEMNewmont Corporation	0.00%	3,200	$192,000	held	—	3 q
NEENextEra Energy, Inc.	0.00%	12,056	$930,000	held	—	3 q
NKENike, Inc.	0.00%	110	$16,000	new	0.00 pp	new
LASRnLIGHT, Inc.	0.00%	516	$17,000	new	0.00 pp	new
GENGen Digital Inc.	0.00%	480	$10,000	new	0.00 pp	new
NTNXNutanix, Inc. Class A	0.00%	586	$19,000	new	0.00 pp	new
unresolvedNuveen Senior Income Fund	0.00%	375,012	$2M	held	—	29 q
ONON Semiconductor Corp	0.00%	833	$27,000	new	0.00 pp	new
unresolved1Life Healthcare	0.00%	432	$19,000	new	0.00 pp	new
OMOutset Medical, Inc.	0.00%	318	$18,000	new	0.00 pp	new
OXMOxford Industries, Inc.	0.00%	82	$5,000	new	0.00 pp	new
PTCTPTC Therapeutics, Inc.	0.00%	246	$15,000	new	0.00 pp	new
PACBPacific Biosciences of California, Inc.	0.00%	508	$13,000	new	0.00 pp	new
PDPagerDuty, Inc.	0.00%	606	$25,000	new	0.00 pp	new
PAYXPaychex Inc	0.00%	117	$11,000	new	0.00 pp	new
PINSPinterest, Inc. Class A	0.00%	424	$28,000	new	0.00 pp	new
PLTPlantronics Inc	0.00%	234	$6,000	new	0.00 pp	new
POOLPool Corporation	0.00%	90	$34,000	new	0.00 pp	new
PGNYProgyny, Inc.	0.00%	408	$17,000	new	0.00 pp	new
PFPTProofpoint, Inc.	0.00%	153	$21,000	new	0.00 pp	new
PRLBProto Labs, Inc.	0.00%	67	$10,000	new	0.00 pp	new
PBYIPuma Biotechnology Inc	0.00%	252	$3,000	new	0.00 pp	new
PEverpure, Inc.	0.00%	1,433	$32,000	new	0.00 pp	new
KWRQuaker Houghton	0.00%	78	$20,000	new	0.00 pp	new
DGXQuest Diagnostics Inc.	0.00%	148	$18,000	new	0.00 pp	new
QDELQuidel Corp	0.00%	116	$21,000	new	0.00 pp	new
RMBSRambus Inc	0.00%	657	$11,000	new	0.00 pp	new
REGNRegeneron Pharmaceuticals Inc	0.00%	60	$29,000	new	0.00 pp	new
RLAYRelay Therapeutics, Inc.	0.00%	79,932	$3M	trimmed−99%	−0.03 pp	2 q
RNGRingcentral, Inc.	0.00%	422	$160,000	new	0.00 pp	new
RHIRobert Half Inc.	0.00%	135	$8,000	new	0.00 pp	new
ROLRollins, Inc.	0.00%	583	$23,000	new	0.00 pp	new
SVMKSVMK Inc.	0.00%	1,028	$26,000	new	0.00 pp	new
SG7Sage Therapeutics Inc	0.00%	32,916	$3M	added+93%	0.00 pp	6 q
SAILSailPoint, Inc.	0.00%	365	$19,000	new	0.00 pp	new
SRPTSarepta Therapeutics,, Inc.	0.00%	178	$30,000	new	0.00 pp	new
SDGRSchrodinger, Inc.	0.00%	225	$18,000	new	0.00 pp	new
MATVMativ Holdings, Inc.	0.00%	270	$11,000	new	0.00 pp	new
SHAKShake Shack Inc.	0.00%	163	$14,000	new	0.00 pp	new
SLABSilicon Laboratories Inc	0.00%	119	$15,000	new	0.00 pp	new
SILKSilk Road Medical, Inc.	0.00%	233	$15,000	new	0.00 pp	new
SMARSmartsheet Inc.	0.00%	326	$23,000	new	0.00 pp	new
SNAPSnap Inc.	0.00%	2,060	$103,000	new	0.00 pp	new
SOHUSohu.com Limited	0.00%	200,140	$3M	held	—	11 q
SEDGSolarEdge Technologies, Inc.	0.00%	193	$62,000	new	0.00 pp	new
SRNESorrento Therapeutics Inc	0.00%	5,109	$35,000	new	0.00 pp	new
SPTSprout Social, Inc Class A	0.00%	567	$26,000	new	0.00 pp	new
XYZBlock, Inc.	0.00%	1,153	$251,000	new	0.00 pp	new
STMPStamps.com, Inc.	0.00%	57	$11,000	new	0.00 pp	new
SWKStanley Black & Decker, Inc.	0.00%	82	$15,000	new	0.00 pp	new
SYKStryker Corporation	0.00%	55	$13,000	new	0.00 pp	new
SMMTSummit Therapeutics Inc.	0.00%	372,261	$2M	held	—	2 q
SPWRQSunpower Corp	0.00%	1,486	$38,000	new	0.00 pp	new
SNPSSynopsys Inc	0.00%	128	$33,000	new	0.00 pp	new
TDYTeledyne Technologies Incorporated	0.00%	35	$14,000	new	0.00 pp	new
TUTelus Corporation	0.00%	399	$8,000	new	0.00 pp	new
TENBTenable Holdings, Inc.	0.00%	328	$17,000	new	0.00 pp	new
TXRHTexas Roadhouse, Inc.	0.00%	137	$11,000	new	0.00 pp	new
THOThor Industries, Inc.	0.00%	118	$11,000	new	0.00 pp	new
TRMBTrimble Inc.	0.00%	346	$23,000	new	0.00 pp	new
TRUETrueCar, Inc.	0.00%	351	$1,000	new	0.00 pp	new
unresolvedIi-Vi Inc	0.00%	634	$48,000	new	0.00 pp	new
unresolved2U Inc	0.00%	292	$12,000	new	0.00 pp	new
RAREUltragenyx Pharmaceutical Inc.	0.00%	106	$15,000	new	0.00 pp	new
unresolvedUxin ADR	0.00%	1,776,100	$2M	held	—	10 q
VRNSVaronis Systems, Inc.	0.00%	205	$34,000	new	0.00 pp	new
VEDLVedanta Ltd-adr	0.00%	431,984	$4M	new	0.00 pp	new
VEEVVeeva Systems Inc.	0.00%	14,024	$4M	new	0.00 pp	new
VTYVerint Systems Inc	0.00%	369	$25,000	new	0.00 pp	new
VIAVViavi Solutions Inc.	0.00%	996	$15,000	new	0.00 pp	new
VRAYQViewray Inc	0.00%	803	$3,000	new	0.00 pp	new
VNTVontier Corporation	0.00%	45,779	$2M	new	0.00 pp	new
unresolvedVoya Prime Rate Trust	0.00%	1,110,210	$5M	new	0.00 pp	new
WDFCWd-40 Co	0.00%	60	$16,000	new	0.00 pp	new
WECWEC Energy Group, Inc.	0.00%	13,262	$1M	held	—	19 q
unresolvedVyne Therapeutics Inc	0.00%	395,049	$624,000	held	—	2 q
WMTWalmart Inc.	0.00%	108	$16,000	new	0.00 pp	new
WPMWheaton Precious Metals Corp.	0.00%	8,165	$341,000	held	—	6 q
WLYJohn Wiley & Sons, Inc. Class A	0.00%	159	$7,000	new	0.00 pp	new
WSMWilliams-Sonoma, Inc.	0.00%	68	$7,000	new	0.00 pp	new
XPELXPEL, Inc.	0.00%	326	$17,000	new	0.00 pp	new
unresolvedXperi Holding Corp	0.00%	2,015	$42,000	new	0.00 pp	new
XNCRXencor, Inc.	0.00%	449	$20,000	new	0.00 pp	new
YELPYelp Inc.	0.00%	251	$8,000	new	0.00 pp	new
ZYXIQZynex Inc	0.00%	437	$6,000	new	0.00 pp	new
ZNGAZynga Inc. Cl A	0.00%	3,281	$32,000	new	0.00 pp	new
unresolvedAlkermes Plc	0.00%	155	$3,000	new	0.00 pp	new
ACNAccenture PLC	0.00%	47	$12,000	new	0.00 pp	new
CMPRCimpress PLC (Ireland)	0.00%	80	$7,000	new	0.00 pp	new
9991429DAptiv Irish Holdings Ltd	0.00%	147	$19,000	new	0.00 pp	new
SINASina Corp	0.00%	131,550	$6M	held	—	20 q
INMDInMode Ltd.	0.00%	346	$16,000	new	0.00 pp	new
AMTTd Ameritrade Holding Corp	—	−6,746,337	—	exited	−0.18 pp	—
KEXKirby Corporation	—	−3,192,941	—	exited	−0.08 pp	—
FQVLFFirst Quantum Minerals	—	−10,586,468	—	exited	−0.06 pp	—
unresolvedSnowflake, Inc. Class B Common	—	−302,011	—	exited	−0.05 pp	—
AIYActivision Blizzard Inc	—	−161,314	—	exited	−0.01 pp	—
AXPAmerican Express Company	—	−141,786	—	exited	−0.01 pp	—
ORTXOrchard Therapeutics plc	—	−2,740,000	—	exited	−0.01 pp	—
VARVarian Medical Systems, Inc.	—	−65,009	—	exited	−0.01 pp	—
unresolvedMedtronic	—	−208,887	—	exited	−0.01 pp	—
BXKBancolombia S.a.-spons ADR	—	−257,155	—	exited	0.00 pp	—
2663134DBitauto Holdings Ltd-adr	—	−16,750	—	exited	0.00 pp	—
LVGOLivongo Health, Inc.	—	−16,542	—	exited	0.00 pp	—
MYOKMyoKardia, Inc.	—	−20,993	—	exited	0.00 pp	—
DNOWDNOW Inc.	—	−100,000	—	exited	0.00 pp	—
Sunpower Corpconvertible	—	−7,177,000	—	exited	0.00 pp	—
XPEVXPeng Inc.	—	−80,110	—	exited	0.00 pp	—