Baillie Gifford

Q2 2023 13F

As of: Jun 30, 2023
Filed: Jul 27, 2023
US stock: $117.6B · prev $110.8B
Positions: 297 · prev 454
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%

Moves430 since the prior filing

+3.0 pp in · −3.1 pp out

New 8 +0.37 pp
Added 98 +2.62 pp
Trimmed 159 −2.81 pp
Exited 165 −0.27 pp

The book

Diversified · behaves like 43 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Low turnover · 14% a year, about 7.3 years per position

Low
Moderate
High

Top 5 positions26% of US stock

MELI Mercado Libre, Inc added−0.86 pp added−0.866.4%
NVDA Nvidia Corp trimmed+1.59 pp trimmed+1.595.6%
TSLA Tesla, Inc. trimmed+0.28 pp trimmed+0.285.2%
MRNA Moderna, Inc. trimmed−1.72 pp trimmed−1.724.7%
AMZN Amazon.Com Inc added+0.93 pp added+0.934.5%

Positions297 in this filing · 165 exited


MELIMercado Libre, Inc	6.43%	6,389,959	$7.6B	added+4%	−0.86 pp	41 q
NVDANvidia Corp	5.60%	15,580,742	$6.6B	trimmed−3%	+1.59 pp	30 q
TSLATesla, Inc.	5.16%	23,188,922	$6.1B	trimmed−11%	+0.28 pp	41 q
MRNAModerna, Inc.	4.72%	45,711,095	$5.6B	trimmed−2%	−1.72 pp	19 q
AMZNAmazon.Com Inc	4.53%	40,868,452	$5.3B	added+6%	+0.93 pp	41 q
SHOPShopify Inc. Class A subordinate voting shares	3.60%	65,550,791	$4.2B	trimmed−8%	+0.52 pp	24 q
SPOTSpotify Technology S.A.	3.44%	25,177,054	$4.0B	trimmed−8%	+0.13 pp	21 q
TTDThe Trade Desk, Inc.	2.99%	45,491,130	$3.5B	trimmed−1%	+0.47 pp	20 q
ILMNIllumina Inc	2.23%	13,973,317	$2.6B	trimmed−7%	−0.93 pp	41 q
NFLXNetFlix Inc	2.12%	5,666,795	$2.5B	trimmed−15%	+0.04 pp	34 q
RACEFerrari N.V.	2.00%	7,213,405	$2.4B	trimmed−2%	+0.20 pp	30 q
DXCMDexCom, Inc.	1.83%	16,723,298	$2.1B	trimmed−3%	+0.03 pp	41 q
PDDPDD Holdings Inc.	1.83%	31,167,044	$2.2B	added+11%	−0.10 pp	20 q
NETCloudflare, Inc. Class A, par value $0.001 per share	1.75%	31,505,621	$2.1B	added+23%	+0.32 pp	13 q
CPNGCoupang, Inc.	1.64%	111,099,690	$1.9B	trimmed−1%	+0.02 pp	10 q
MSFTMicrosoft Corp	1.60%	5,536,767	$1.9B	trimmed−1%	+0.14 pp	41 q
WDAYWorkday, Inc. Class A	1.38%	7,177,891	$1.6B	trimmed−2%	+0.01 pp	41 q
ALNYAlnylam Pharmaceuticals, Inc.	1.35%	8,392,216	$1.6B	trimmed−3%	−0.21 pp	41 q
ISRGIntuitive Surgical Inc.	1.20%	4,120,421	$1.4B	trimmed−1%	+0.24 pp	41 q
ELVElevance Health, Inc.	1.18%	3,134,249	$1.4B	trimmed−2%	−0.15 pp	35 q
MCOMoody's Corporation	1.16%	3,933,219	$1.4B	trimmed−5%	+0.02 pp	41 q
MLMMartin Marietta Materials	1.11%	2,821,195	$1.3B	trimmed−2%	+0.18 pp	41 q
SESea Limited	1.08%	21,795,993	$1.3B	trimmed−1%	−0.64 pp	23 q
TEAMAtlassian Corporation Class A	1.05%	7,366,334	$1.2B	trimmed−1%	−0.10 pp	4 q
AMDAdvanced Micro Devices	1.00%	10,332,624	$1.2B	added+18%	+0.23 pp	11 q
NIONIO Inc.	0.98%	119,456,115	$1.2B	trimmed−1%	−0.16 pp	20 q
RBLXRoblox Corporation	0.98%	28,549,298	$1.2B	trimmed−2%	−0.20 pp	6 q
METAMeta Platforms, Inc. Class A	0.93%	3,822,930	$1.1B	added+30%	+0.37 pp	41 q
CSGPCoStar Group Inc	0.90%	11,934,044	$1.1B	trimmed−3%	+0.13 pp	28 q
DDOGDatadog, Inc. Class A	0.87%	10,391,637	$1.0B	added+71%	+0.47 pp	12 q
MAMastercard Incorporated	0.82%	2,458,824	$967M	trimmed−2%	0.00 pp	41 q
SCIService Corporation International	0.82%	14,956,508	$966M	trimmed−2%	−0.13 pp	20 q
GOOGAlphabet Inc. Class C	0.81%	7,855,055	$950M	trimmed−2%	+0.06 pp	37 q
DASHDoorDash, Inc. Class A	0.80%	12,254,555	$936M	added+26%	+0.24 pp	11 q
NUNu Holdings Ltd.	0.80%	119,788,669	$945M	trimmed−5%	+0.26 pp	7 q
RYAAYRyanair Holdings plc	0.78%	8,262,199	$914M	added+3%	+0.10 pp	31 q
BNTXBioNTech SE	0.68%	7,450,298	$804M	trimmed−1%	−0.17 pp	10 q
SNOWSnowflake Inc.	0.66%	4,443,710	$782M	trimmed−3%	+0.02 pp	12 q
PBRPetroleo Brasileiro S.a.-petrobras	0.65%	55,335,342	$765M	trimmed−4%	+0.11 pp	27 q
WSOWatsco, Inc.	0.63%	1,937,626	$739M	trimmed−2%	+0.06 pp	41 q
TSMTaiwan Semiconductor Manufacturing Company Ltd.	0.60%	6,959,347	$702M	trimmed−2%	0.00 pp	30 q
ADIAnalog Devices, Inc.	0.58%	3,483,252	$679M	trimmed−1%	−0.05 pp	41 q
AJGArthur J. Gallagher & Co.	0.55%	2,941,709	$646M	trimmed−35%	−0.24 pp	23 q
CHWYChewy, Inc.	0.54%	16,070,707	$634M	trimmed−3%	−0.02 pp	17 q
WIXWIX.com Ltd.	0.53%	7,943,960	$622M	trimmed−1%	−0.19 pp	31 q
DUOLDuolingo, Inc. Class A	0.52%	4,275,077	$611M	trimmed−4%	−0.05 pp	8 q
ONCBeOne Medicines Ltd.	0.50%	3,283,304	$585M	trimmed−1%	−0.15 pp	30 q
IOTSamsara Inc.	0.50%	21,419,199	$594M	added+14%	+0.17 pp	2 q
SPGIS&P Global Inc.	0.49%	1,425,005	$571M	trimmed−2%	+0.04 pp	13 q
RPRXRoyalty Pharma plc Class A	0.48%	18,500,588	$569M	trimmed−2%	−0.14 pp	6 q
ALBAlbemarle Corporation	0.47%	2,494,230	$556M	trimmed−2%	−0.04 pp	26 q
TERTeradyne, Inc.	0.46%	4,837,009	$539M	trimmed−2%	−0.02 pp	41 q
JOBYJoby Aviation, Inc.	0.45%	51,872,715	$532M	added×6.7	+0.42 pp	8 q
BRBroadridge Financial Solutions Inc	0.44%	3,093,386	$512M	trimmed−2%	+0.02 pp	17 q
CXCemex S.A.B. de C.V.	0.44%	73,167,125	$518M	trimmed−3%	+0.06 pp	41 q
WWayfair Inc.	0.43%	7,851,414	$510M	trimmed−9%	+0.16 pp	32 q
ESTCElastic N.V.	0.41%	7,582,321	$486M	trimmed−1%	+0.01 pp	4 q
TXG10x Genomics, Inc. Class A	0.40%	8,504,247	$475M	trimmed−3%	−0.04 pp	14 q
ENTGEntegris Inc	0.38%	4,005,207	$444M	added+51%	+0.18 pp	3 q
DNAGinkgo Bioworks Holdings, Inc.	0.38%	241,081,405	$448M	trimmed−1%	+0.09 pp	8 q
CBRECbre Group, Inc.	0.37%	5,336,809	$431M	trimmed−2%	+0.01 pp	13 q
DEDeere & Company	0.37%	1,075,870	$436M	trimmed−6%	−0.06 pp	14 q
DNLIDenali Therapeutics Inc.	0.37%	14,843,770	$438M	trimmed−3%	+0.05 pp	23 q
EXKExact Sciences Corp	0.36%	4,567,081	$429M	trimmed−5%	+0.07 pp	24 q
MKLMarkel Group Inc.	0.36%	309,298	$428M	trimmed−3%	−0.01 pp	41 q
SCHWThe Charles Schwab Corporation	0.36%	7,465,482	$423M	trimmed−2%	0.00 pp	7 q
WMSAdvanced Drainage Systems, Inc.	0.35%	3,610,702	$411M	added+41%	+0.16 pp	3 q
MTDMettler-Toledo International	0.35%	314,662	$413M	trimmed−1%	−0.09 pp	41 q
CPACopa Holdings, S.A.	0.34%	3,580,744	$396M	trimmed−11%	0.00 pp	41 q
ADBEAdobe Inc.	0.33%	797,784	$390M	trimmed−2%	+0.05 pp	6 q
ETNEaton Corporation, plc	0.33%	1,947,761	$392M	trimmed−2%	+0.02 pp	3 q
SITESiteOne Landscape Supply, Inc.	0.32%	2,259,027	$378M	trimmed−2%	+0.04 pp	25 q
TMOThermo Fisher Scientific, Inc.	0.32%	713,447	$372M	trimmed−40%	−0.30 pp	23 q
BIDUBaidu, Inc.	0.31%	2,644,985	$362M	trimmed−1%	−0.05 pp	41 q
MKTXMarketAxess Holdings Inc.	0.31%	1,392,802	$364M	trimmed−3%	−0.19 pp	41 q
NVCRNovoCure Limited	0.31%	8,690,464	$361M	added+1%	−0.16 pp	23 q
ELThe Estee Lauder Companies Inc. Class A	0.30%	1,813,960	$356M	trimmed−24%	−0.23 pp	31 q
XYLXylem Inc	0.29%	3,035,116	$342M	trimmed−6%	−0.01 pp	26 q
MBLYMobileye Global Inc. Class A	0.28%	8,495,206	$326M	added+38%	+0.04 pp	3 q
AFRMAffirm Holdings, Inc. Class A	0.25%	19,409,369	$298M	trimmed−3%	+0.05 pp	10 q
FTCHQFarfetch Limited A	0.23%	44,382,817	$268M	trimmed−1%	+0.03 pp	17 q
STAAStaar Surgical Co	0.23%	5,110,304	$269M	trimmed−0%	−0.07 pp	27 q
ZMZoom Communications, Inc. Class A	0.23%	3,940,862	$268M	trimmed−53%	−0.32 pp	17 q
FNDFloor & Decor Holdings, Inc.	0.22%	2,537,680	$264M	trimmed−2%	−0.01 pp	3 q
TWLOTwilio Inc.	0.22%	4,160,246	$265M	trimmed−9%	−0.06 pp	13 q
POOLPool Corporation	0.21%	648,441	$243M	trimmed−2%	+0.01 pp	11 q
SEDGSolarEdge Technologies, Inc.	0.21%	935,211	$252M	added0%	−0.05 pp	11 q
COURCoursera, Inc.	0.20%	18,053,679	$235M	trimmed−4%	+0.01 pp	10 q
HDBHDFC Bank Limited	0.20%	3,368,930	$235M	trimmed−1%	0.00 pp	34 q
PENPenumbra, Inc.	0.20%	697,646	$240M	trimmed−4%	+0.02 pp	24 q
PINSPinterest, Inc. Class A	0.20%	8,466,549	$231M	trimmed−4%	−0.02 pp	11 q
DOCSDoximity, Inc.	0.19%	6,599,164	$225M	added+50%	+0.06 pp	4 q
ECLEcolab, Inc.	0.19%	1,190,328	$222M	trimmed−5%	0.00 pp	26 q
ROKURoku, Inc. Class A	0.18%	3,323,828	$213M	trimmed−2%	−0.02 pp	18 q
TMETencent Music Entertainment Group	0.18%	28,821,565	$213M	added0%	−0.03 pp	19 q
BAPCredicorp LTD	0.18%	1,416,820	$209M	added+1%	+0.01 pp	41 q
unresolvedAbcam Plc ADR	0.17%	8,152,052	$199M	trimmed−32%	+0.03 pp	3 q
HHCThe Howard Hughes Corporation	0.17%	2,605,155	$206M	trimmed−1%	−0.02 pp	38 q
ADSKAutodesk Inc	0.16%	901,919	$185M	trimmed−5%	−0.02 pp	3 q
BBDBanco Bradesco S.A.	0.16%	54,548,284	$189M	trimmed−2%	+0.03 pp	27 q
HCPHashiCorp, Inc. Class A	0.16%	7,388,693	$193M	added+1%	−0.03 pp	7 q
RXRXRecursion Pharmaceuticals, Inc. Class A	0.16%	25,097,630	$187M	trimmed−0%	+0.01 pp	9 q
CERTCertara, Inc.	0.15%	9,391,977	$171M	trimmed−1%	−0.06 pp	10 q
ABCLAbCellera Biologics Inc.	0.14%	26,364,751	$170M	added+33%	+0.01 pp	10 q
FASTFastenal Co	0.14%	2,798,726	$165M	trimmed−7%	−0.01 pp	40 q
SDGRSchrodinger, Inc.	0.13%	2,966,351	$148M	added+30%	+0.08 pp	11 q
GOOGLAlphabet Inc. Class A	0.12%	1,172,601	$140M	added+4%	+0.01 pp	32 q
IBNICICI Bank Limited	0.12%	6,217,221	$143M	added+3%	0.00 pp	41 q
AAPLApple Inc.	0.11%	654,054	$127M	added+2%	+0.01 pp	41 q
FMXFomento Economico Mexicano, S.a.b. De C.v.	0.11%	1,144,552	$127M	new	+0.11 pp	new
PEPPepsiCo, Inc.	0.11%	669,249	$124M	added+2%	0.00 pp	41 q
PGProcter & Gamble Company	0.11%	888,740	$135M	added+3%	−0.01 pp	33 q
UPSUnited Parcel Service, Inc. Class B	0.11%	745,818	$134M	added+2%	−0.02 pp	41 q
ZZillow Group, Inc. Class C	0.11%	2,467,192	$124M	trimmed−0%	+0.01 pp	32 q
CPCanadian Pacific Kansas City Limited	0.10%	1,510,463	$122M	new	+0.10 pp	new
PBR.APetroleo Brasileiro S.A.-Petrobras	0.10%	9,571,088	$118M	trimmed−4%	+0.02 pp	21 q
RELYRemitly Global, Inc.	0.10%	6,207,377	$117M	trimmed−5%	0.00 pp	3 q
SNAPSnap Inc.	0.10%	10,362,048	$123M	trimmed−5%	−0.01 pp	11 q
SGSweetgreen, Inc.	0.10%	9,102,180	$117M	added+74%	+0.06 pp	4 q
YETIYETI Holdings, Inc.	0.10%	3,128,447	$122M	new	+0.10 pp	new
AXONAxon Enterprise, Inc.	0.09%	562,527	$110M	trimmed−76%	−0.39 pp	19 q
RDFNRedfin Corporation	0.09%	8,698,716	$108M	trimmed−5%	+0.02 pp	24 q
APPNAppian Corporation Class A	0.08%	1,882,112	$90M	added+25%	+0.02 pp	18 q
CHGGChegg, Inc.	0.08%	10,664,698	$95M	trimmed−21%	−0.12 pp	23 q
YMMFull Truck Alliance Co. Ltd.	0.08%	15,777,298	$98M	trimmed−0%	−0.03 pp	9 q
SBUXStarbucks Corp	0.08%	964,807	$96M	added+1%	−0.01 pp	8 q
VIRVir Biotechnology, Inc.	0.08%	3,983,445	$98M	trimmed−0%	0.00 pp	15 q
AVAVAeroVironment, Inc.	0.07%	790,459	$81M	added+5%	+0.01 pp	41 q
ITUBItau Unibanco Holding S.A.	0.07%	14,912,727	$88M	trimmed−4%	0.00 pp	41 q
LMNDLemonade, Inc.	0.07%	4,769,662	$80M	trimmed−5%	+0.01 pp	12 q
SWAVShockwave Medical, Inc.	0.07%	300,772	$86M	trimmed−13%	0.00 pp	16 q
unresolvedOatly Inc.	0.06%	36,666,324	$75M	trimmed−0%	−0.02 pp	9 q
PCRXPacira BioSciences, Inc.	0.06%	1,658,563	$66M	trimmed−12%	−0.01 pp	32 q
PGNYProgyny, Inc.	0.06%	1,665,567	$66M	added+2%	+0.01 pp	11 q
WRBYWarby Parker Inc.	0.06%	6,077,468	$71M	added+7%	+0.01 pp	8 q
CSCOCisco Systems, Inc. (DE)	0.05%	1,095,240	$57M	added+6%	0.00 pp	13 q
CGNXCognex Corp	0.05%	1,107,984	$62M	added+3%	0.00 pp	3 q
DLBDolby Laboratories, Inc.Class A	0.05%	668,939	$56M	trimmed−2%	0.00 pp	41 q
INTUIntuit Inc	0.05%	135,086	$62M	added+3%	0.00 pp	7 q
RIVNRivian Automotive, Inc. Class A	0.05%	3,286,640	$55M	trimmed−0%	0.00 pp	7 q
SANASana Biotechnology, Inc.	0.05%	10,836,161	$65M	trimmed−0%	+0.02 pp	10 q
SPTSprout Social, Inc Class A	0.05%	1,280,026	$59M	added+29%	0.00 pp	11 q
TXNTexas Instruments Incorporated	0.05%	297,843	$54M	added+20%	+0.01 pp	5 q
UPWKUpwork Inc.	0.05%	6,916,090	$65M	added+1%	−0.02 pp	17 q
ZUOZuora, Inc.	0.05%	5,144,300	$56M	added+1%	0.00 pp	18 q
MMYTMakeMyTrip Limited	0.05%	2,265,374	$61M	trimmed−1%	0.00 pp	26 q
AURAurora Innovation, Inc. Class A	0.04%	14,930,461	$44M	held	—	7 q
BLBlackLine, Inc.	0.04%	803,091	$43M	trimmed−20%	−0.02 pp	22 q
unresolvedChargePoint Holdings Inc	0.04%	5,755,860	$51M	held	—	10 q
KOCoca-Cola Company	0.04%	798,693	$48M	added0%	0.00 pp	38 q
EWEdwards Lifesciences Corp	0.04%	464,040	$44M	trimmed−1%	+0.01 pp	19 q
FUTUFutu Holdings Limited	0.04%	1,113,861	$44M	added+3%	−0.01 pp	8 q
IPGPIPG Photonics Corporation	0.04%	367,487	$50M	added+1%	0.00 pp	41 q
INFYInfosys Limited	0.04%	2,892,174	$46M	trimmed−8%	−0.01 pp	38 q
RAMPLiveRamp Holdings, Inc.	0.04%	1,843,123	$53M	added+26%	+0.01 pp	15 q
MPMP Materials Corp.	0.04%	1,886,613	$43M	added+28%	0.00 pp	7 q
TDOCTeladoc Health, Inc.	0.04%	1,776,578	$45M	trimmed−63%	−0.07 pp	26 q
WNSNWns Holdings Ltd-adr	0.04%	624,221	$46M	new	+0.04 pp	new
AMBAAmbarella, Inc.	0.04%	623,006	$52M	trimmed−3%	0.00 pp	26 q
MDTMedtronic plc	0.04%	478,445	$42M	added+3%	+0.01 pp	11 q
FROGJFrog Ltd.	0.04%	1,740,653	$48M	added+1%	+0.01 pp	10 q
D0ADada Nexus Ltd-adr	0.03%	7,414,011	$39M	added+4%	−0.02 pp	13 q
EXAIExscientia Plc	0.03%	5,081,168	$30M	trimmed−3%	0.00 pp	7 q
JMIAJumia Technologies AG	0.03%	9,365,507	$32M	trimmed−0%	0.00 pp	17 q
unresolvedLufax Holding Ltd	0.03%	25,189,314	$36M	added0%	−0.02 pp	11 q
MCDMcDonald's Corporation	0.03%	122,035	$36M	trimmed−2%	0.00 pp	41 q
NYTNew York Times Co.	0.03%	841,273	$33M	added×3.8	+0.02 pp	2 q
TROWT Rowe Price Group Inc	0.03%	322,522	$36M	added+4%	0.00 pp	14 q
PLDPrologis, Inc.	0.03%	326,540	$40M	added+6%	0.00 pp	10 q
REXRRexford Industrial Realty, Inc.	0.03%	785,855	$41M	added+5%	−0.01 pp	10 q
UNHUNITEDHEALTH GROUP INCORPORATED (Delaware)	0.03%	79,900	$38M	added×1094.5	+0.03 pp	8 q
CYBRCyberark Software LTD/ISRAEL	0.03%	234,959	$37M	trimmed−4%	0.00 pp	14 q
FVRRFiverr International Ltd.	0.03%	1,172,737	$31M	added+9%	0.00 pp	10 q
ARCCAres Capital Corporation	0.02%	1,392,236	$26M	added+6%	0.00 pp	13 q
9213421DBrookfield Renewable Cor-a	0.02%	649,932	$20M	trimmed−27%	−0.01 pp	12 q
CRLCharles River Laboratories International, Inc.	0.02%	85,096	$18M	trimmed−0%	0.00 pp	5 q
290AChinook Therapeutics Inc	0.02%	463,945	$18M	trimmed−5%	+0.01 pp	30 q
YOUClear Secure, Inc.	0.02%	1,000,000	$23M	held	—	9 q
96669EURDmrc LLC	0.02%	820,002	$24M	added0%	+0.01 pp	32 q
HSYThe Hershey Company	0.02%	79,589	$20M	trimmed−23%	0.00 pp	5 q
BEKEKE Holdings Inc.	0.02%	1,609,164	$24M	added0%	−0.01 pp	12 q
TJXTJX Companies, Inc. (The)	0.02%	213,067	$18M	trimmed−0%	0.00 pp	41 q
TMDXTransMedics Group, Inc.	0.02%	241,553	$20M	trimmed−5%	0.00 pp	10 q
TWSTTwist Bioscience Corporation	0.02%	1,269,926	$26M	added+18%	+0.01 pp	4 q
VECOVeeco Instruments Inc	0.02%	923,851	$24M	added+1%	0.00 pp	31 q
WABWabtec Inc.	0.02%	175,866	$19M	added+2%	0.00 pp	2 q
ADAPYAdaptimmune Theraptcs	0.01%	17,176,135	$16M	added0%	−0.01 pp	30 q
AMSCAmerican Superconductor Corp	0.01%	1,491,370	$9M	held	—	12 q
AMTAmerican Tower Corporation	0.01%	81,091	$16M	added+12%	0.00 pp	8 q
ADMArcher Daniels Midland Company	0.01%	215,700	$16M	trimmed−0%	−0.01 pp	5 q
ASNDAscendis Pharma A/S	0.01%	90,502	$8M	trimmed−1%	0.00 pp	11 q
AZOAutoZone, Inc.	0.01%	5,739	$14M	trimmed−0%	0.00 pp	5 q
BEAMBeam Therapeutics Inc.	0.01%	523,733	$17M	added+16%	0.00 pp	11 q
BKNGBooking Holdings Inc.	0.01%	5,463	$15M	trimmed−97%	−0.43 pp	13 q
BNBrookfield Corporation	0.01%	279,711	$9M	new	+0.01 pp	new
CDLXCardlytics, Inc.	0.01%	1,440,642	$9M	added+1%	+0.01 pp	10 q
KMXCarMax Inc.	0.01%	168,910	$14M	trimmed−1%	0.00 pp	5 q
CDXSCodexis, Inc.	0.01%	6,140,498	$17M	added+1%	−0.01 pp	34 q
EDConsolidated Edison, Inc.	0.01%	118,966	$11M	trimmed−5%	0.00 pp	29 q
unresolvedCooper Cos Inc/The	0.01%	27,692	$11M	trimmed−7%	0.00 pp	11 q
DCBODocebo Inc.	0.01%	238,813	$9M	added+17%	0.00 pp	10 q
EOGEOG Resources, Inc.	0.01%	53,557	$6M	new	+0.01 pp	new
EVBGEverbridge, Inc.	0.01%	631,956	$17M	added+1%	−0.01 pp	11 q
ESEversource Energy	0.01%	157,972	$11M	added+4%	0.00 pp	30 q
EVEREverQuote, Inc. Class A	0.01%	1,361,619	$9M	added0%	−0.01 pp	15 q
EXFYExpensify, Inc. Class A	0.01%	1,097,896	$9M	held	—	7 q
FCNFTI Consulting, Inc.	0.01%	40,323	$8M	trimmed−21%	0.00 pp	5 q
FRFirst Industrial Realty Trust, Inc.	0.01%	227,468	$12M	trimmed−49%	−0.01 pp	10 q
FTVFortive Corporation	0.01%	97,814	$7M	held	—	28 q
GMEDGlobus Medical Inc	0.01%	109,660	$7M	trimmed−0%	0.00 pp	5 q
HCATHealth Catalyst, Inc	0.01%	590,454	$7M	trimmed−2%	0.00 pp	16 q
HUYAHUYA Inc.	0.01%	1,765,711	$6M	held	—	14 q
IONSIonis Pharmaceuticals, Inc.	0.01%	330,346	$14M	trimmed−1%	0.00 pp	31 q
IRBTiRobot Corporation	0.01%	269,636	$12M	held	—	41 q
TREELendingTree, Inc.	0.01%	564,870	$12M	added+1%	0.00 pp	30 q
MASIMasimo Corporation	0.01%	95,149	$16M	trimmed−1%	−0.01 pp	16 q
NBTXNanobiotix S.A.	0.01%	1,400,000	$7M	held	—	11 q
NKENike, Inc.	0.01%	59,159	$7M	added×657.3	+0.01 pp	11 q
OSCROscar Health, Inc.	0.01%	1,101,026	$9M	trimmed−0%	0.00 pp	10 q
PGRProgressive Corporation	0.01%	120,845	$16M	trimmed−1%	−0.01 pp	5 q
QTRXQuanterix Corporation	0.01%	631,897	$14M	held	—	10 q
QSQuantumScape Corporation Class A	0.01%	1,680,976	$13M	added+33%	0.00 pp	11 q
RMDResMed Inc.	0.01%	66,657	$15M	trimmed−1%	0.00 pp	28 q
SHWThe Sherwin-Williams Company	0.01%	42,694	$11M	held	—	40 q
XYZBlock, Inc.	0.01%	177,310	$12M	trimmed−0%	0.00 pp	4 q
unresolvedSutro Biopharma	0.01%	1,867,654	$9M	held	—	13 q
TRHCTabula Rasa HealthCare, Inc.	0.01%	831,278	$7M	held	—	13 q
TNDMTandem Diabetes Care, Inc.	0.01%	262,756	$6M	trimmed−0%	0.00 pp	20 q
TRUPTrupanion, Inc.	0.01%	815,029	$16M	added+1%	−0.02 pp	28 q
VEEVVeeva Systems Inc.	0.01%	42,911	$8M	trimmed−1%	0.00 pp	11 q
VVISA Inc.	0.01%	48,112	$11M	trimmed−7%	0.00 pp	41 q
WATWaters Corp	0.01%	57,378	$15M	added+3%	−0.01 pp	41 q
ZGZillow Group Inc Class A	0.01%	333,202	$16M	added+1%	0.00 pp	34 q
BURBurford Capital Limited	0.01%	643,107	$8M	trimmed−64%	−0.01 pp	9 q
DLODLocal Limited Class A	0.01%	553,846	$7M	trimmed−27%	0.00 pp	9 q
XPXP Inc. Class A	0.01%	407,875	$10M	held	—	7 q
CRSPCRISPR Therapeutics AG	0.01%	243,594	$14M	trimmed−8%	0.00 pp	4 q
SSYSStratasys Inc (ISRAEL)	0.01%	829,456	$15M	added+1%	0.00 pp	41 q
TORCAdicet Bio, Inc.	0.00%	181,626	$441,351	held	—	12 q
AEMAgnico Eagle Mines Ltd.	0.00%	43,514	$2M	added+16%	0.00 pp	6 q
APIAgora, Inc.	0.00%	744,300	$2M	held	—	13 q
unresolvedAkili Inc	0.00%	4,665,795	$5M	held	—	4 q
ALECAlector, Inc.	0.00%	385,064	$2M	trimmed−1%	0.00 pp	18 q
BABAAlibaba Group Holding Limited	0.00%	39	$3,251	held	—	36 q
BIRDSmartbird, Inc. Class A	0.00%	532,500	$670,950	held	—	7 q
AEEAmeren Corporation	0.00%	7,672	$626,572	trimmed−35%	0.00 pp	15 q
unresolvedAmerican Well Corp Class A	0.00%	103,508	$217,366	trimmed−0%	0.00 pp	12 q
BCEBCE, Inc.	0.00%	30,510	$1M	new	0.00 pp	new
BANDBandwidth Inc. Class A	0.00%	29,997	$410,359	added×2.4	0.00 pp	11 q
BLIBerkeley Lights, Inc.	0.00%	603,544	$295,736	trimmed−55%	0.00 pp	12 q
BYNDBeyond Meat, Inc.	0.00%	4,559	$59,176	trimmed−3%	0.00 pp	13 q
BNRBurning Rock Biotech Limited	0.00%	160,181	$349,195	held	—	13 q
unresolvedCrh PLC	0.00%	211	$11,759	held	—	5 q
LAWCS Disco, Inc.	0.00%	36,822	$302,677	held	—	8 q
CALXCalix, Inc.	0.00%	13,019	$649,778	added+24%	0.00 pp	6 q
CARGCarGurus, Inc. Class A	0.00%	31,559	$714,180	trimmed−2%	0.00 pp	11 q
CVNACarvana Co.	0.00%	727	$18,844	trimmed−100%	−0.12 pp	12 q
CLLSCellectis S.A.	0.00%	1,418,996	$3M	trimmed−13%	0.00 pp	9 q
CEVACEVA Inc.	0.00%	14,247	$364,011	trimmed−96%	−0.01 pp	26 q
COINCoinbase Global, Inc. Class A	0.00%	13,913	$995,475	added+9%	0.00 pp	5 q
CCUCompania Cervecerias Unidas S.A.	0.00%	335,114	$5M	trimmed−6%	−0.01 pp	2 q
DLRDigital Realty Trust, Inc.	0.00%	5,624	$640,405	added+23%	0.00 pp	7 q
EHEHang Holdings Limited	0.00%	3,436	$52,124	added+4%	0.00 pp	8 q
ENPHEnphase Energy, Inc.	0.00%	969	$162,288	trimmed−9%	0.00 pp	8 q
VMRKVivmark Residential	0.00%	6,100	$402,417	new	0.00 pp	new
EXCExelon Corporation	0.00%	31,818	$1M	added+39%	0.00 pp	29 q
FTSFortis Inc.	0.00%	29,605	$1M	added+24%	0.00 pp	13 q
FRPTFreshpet, Inc.	0.00%	62,599	$4M	added×7.6	0.00 pp	9 q
GTLBGitLab Inc. Class A	0.00%	112,179	$6M	trimmed−1%	0.00 pp	5 q
GBDCGolub Capital BDC, Inc.	0.00%	122,100	$2M	held	—	8 q
HRHealthcare Realty Trust Incorporated	0.00%	21,904	$413,109	added+42%	0.00 pp	3 q
HCMHUTCHMED (China) Limited	0.00%	142,475	$2M	trimmed−6%	0.00 pp	29 q
INSPInspire Medical Systems, Inc.	0.00%	7,829	$3M	added×42.3	0.00 pp	11 q
LPSNLivePerson Inc	0.00%	1,030,519	$5M	added0%	0.00 pp	12 q
unresolvedLyell Immunopharma Inc	0.00%	761,321	$2M	held	—	9 q
MTLSMaterialise NV	0.00%	220,938	$2M	trimmed−18%	0.00 pp	7 q
MDBMongoDB, Inc. Class A	0.00%	5,952	$2M	trimmed−5%	0.00 pp	11 q
NEMNewmont Corporation	0.00%	43,870	$2M	added+16%	0.00 pp	13 q
NEENextEra Energy, Inc.	0.00%	55,982	$4M	added+9%	0.00 pp	13 q
NOVTNovanta Inc.	0.00%	7,845	$1M	held	—	9 q
unresolvedNucana Plc ADR	0.00%	3,659,030	$3M	held	—	24 q
OPENOpendoor Technologies Inc	0.00%	8,699	$34,970	added+21%	0.00 pp	3 q
OZONOzon Holdings PLC	0.00%	2,661,059	$0	held	—	11 q
42OPhysicians Realty Trust	0.00%	32,499	$454,661	added+16%	0.00 pp	3 q
unresolvedPrecision BioSciences Inc	0.00%	60,740	$31,950	held	—	9 q
PTRAQProterra Inc	0.00%	12,406	$14,887	held	—	8 q
RLAYRelay Therapeutics, Inc.	0.00%	411,308	$5M	trimmed−1%	−0.01 pp	12 q
RIORio Tinto plc	0.00%	136	$8,682	added+6%	0.00 pp	5 q
SG7Sage Therapeutics Inc	0.00%	93,719	$4M	trimmed−1%	0.00 pp	16 q
SCLXScilex Holding Company	0.00%	523	$2,913	held	—	2 q
TSLXSixth Street Specialty Lending, Inc.	0.00%	79,500	$1M	held	—	8 q
NSHSpire Global, Inc.	0.00%	866,045	$446,013	held	—	8 q
VRNSVaronis Systems, Inc.	0.00%	26,782	$713,740	added+22%	0.00 pp	11 q
WECWEC Energy Group, Inc.	0.00%	14,027	$1M	added+24%	0.00 pp	29 q
WPMWheaton Precious Metals Corp.	0.00%	37,776	$2M	added+16%	0.00 pp	16 q
XNCRXencor, Inc.	0.00%	31,318	$782,011	trimmed−1%	0.00 pp	11 q
LILMFLilium N.v. Ord A	0.00%	15,359	$27,032	trimmed−100%	−0.01 pp	8 q
unresolvedCanadian Pac Ry Ltd	—	−1,445,797	—	exited	−0.10 pp	—
RBARB Global, Inc.	—	−1,538,987	—	exited	−0.08 pp	—
SPLKSplunk Inc	—	−293,083	—	exited	−0.03 pp	—
PTONPeloton Interactive, Inc. Class A	—	−2,088,222	—	exited	−0.02 pp	—
unresolvedMELI Kaszek Pioneer	—	−2,000,000	—	exited	−0.02 pp	—
BMBLBumble Inc. Class A	—	−360,894	—	exited	−0.01 pp	—
QTWOQ2 Holdings Inc	—	−517,328	—	exited	−0.01 pp	—
ACMRACM Research, Inc. Class A	—	−660	—	exited	0.00 pp	—
ACADAcadia Pharmaceuticals Inc.	—	−618	—	exited	0.00 pp	—
unresolvedAccelerate Diagnostics	—	−418	—	exited	0.00 pp	—
AFIBAcutus Medical Inc	—	−424	—	exited	0.00 pp	—
ADEAAdeia Inc.	—	−1,448	—	exited	0.00 pp	—
AGIOAgios Pharmaceuticals, Inc.	—	−186	—	exited	0.00 pp	—
AYXAlteryx, Inc.	—	−383	—	exited	0.00 pp	—
AM6Amicus Therapeutics Inc	—	−538	—	exited	0.00 pp	—
AMKRAmkor Technology Inc	—	−2,043	—	exited	0.00 pp	—
ATEXAnterix Inc.	—	−162	—	exited	0.00 pp	—
APLSApellis Pharmaceuticals, Inc.	—	−325	—	exited	0.00 pp	—
TRXCTransEnterix Inc.	—	−5,338	—	exited	0.00 pp	—
AZNNAstrazeneca Plc-spons ADR	—	−456	—	exited	0.00 pp	—
AVYAvery Dennison Corp.	—	−132	—	exited	0.00 pp	—
AXNXAxonics, Inc.	—	−198	—	exited	0.00 pp	—
BCRXBioCryst Pharmaceuticals Inc	—	−1,687	—	exited	0.00 pp	—
BBBlackBerry Limited	—	−2,434	—	exited	0.00 pp	—
BLQADBlackrock Inc	—	−26	—	exited	0.00 pp	—
BLNKBlink Charging Co.	—	−396	—	exited	0.00 pp	—
unresolvedBluebird Bio Inc	—	−860	—	exited	0.00 pp	—
BPMCBlueprint Medicines Corporation	—	−315	—	exited	0.00 pp	—
BOCBoston Omaha Corporation	—	−676	—	exited	0.00 pp	—
BOXBox, Inc.	—	−1,047	—	exited	0.00 pp	—
BMYBristol-Myers Squibb Co.	—	−531	—	exited	0.00 pp	—
BCBrunswick Corporation	—	−243	—	exited	0.00 pp	—
AIC3.ai, Inc.	—	−117	—	exited	0.00 pp	—
CSTLCastle Biosciences, Inc.	—	−225	—	exited	0.00 pp	—
CELHCelsius Holdings, Inc.	—	−312	—	exited	0.00 pp	—
CERSCerus Corp	—	−1,459	—	exited	0.00 pp	—
CHDChurch & Dwight Co., Inc.	—	−225	—	exited	0.00 pp	—
CTSHCognizant Technology Solutions	—	−214	—	exited	0.00 pp	—
COHRCoherent Corp.	—	−516	—	exited	0.00 pp	—
CHRSCoherus Oncology, Inc.	—	−1,585	—	exited	0.00 pp	—
COHUCohu Inc	—	−788	—	exited	0.00 pp	—
CCSIConsensus Cloud Solutions, Inc.	—	−24	—	exited	0.00 pp	—
GLWCorning Incorporated	—	−731	—	exited	0.00 pp	—
QDELQuidelOrtho Corporation	—	−128	—	exited	0.00 pp	—
COSTCostco Wholesale Corp	—	−78	—	exited	0.00 pp	—
CRWDCrowdStrike Holdings, Inc. Class A	—	−114	—	exited	0.00 pp	—
CYTKCytokinetics Inc.	—	−340	—	exited	0.00 pp	—
DMTKQDermtech Inc	—	−286	—	exited	0.00 pp	—
DGDollar General Corp.	—	−72	—	exited	0.00 pp	—
HUCKHuckleberry.ai, Inc. Class B	—	−321	—	exited	0.00 pp	—
DCIDonaldson Company, Inc.	—	−488	—	exited	0.00 pp	—
DKNGDraftKings Inc. Class A	—	−1,430	—	exited	0.00 pp	—
DBXDropbox, Inc. Class A	—	−1,009	—	exited	0.00 pp	—
unresolvedEargo Inc	—	−13	—	exited	0.00 pp	—
EGHT8x8, Inc.	—	−2,045	—	exited	0.00 pp	—
EAElectronic Arts Inc	—	−207	—	exited	0.00 pp	—
ENTAEnanta Pharmaceuticals, Inc	—	−360	—	exited	0.00 pp	—
EXELExelixis Inc	—	−1,395	—	exited	0.00 pp	—
EXPEExpedia Group, Inc.	—	−199	—	exited	0.00 pp	—
EXPDExpeditors International of Washington, Inc.	—	−125	—	exited	0.00 pp	—
EXPOExponent Inc	—	−265	—	exited	0.00 pp	—
FDSFactset Research Systems	—	−80	—	exited	0.00 pp	—
FSLYFastly, Inc. Class A	—	−205	—	exited	0.00 pp	—
FATEFate Therapeutics, Inc.	—	−372	—	exited	0.00 pp	—
FGENKyntra Bio, Inc.	—	−539	—	exited	0.00 pp	—
FOXAFox Corporation Class A	—	−480	—	exited	0.00 pp	—
GNTXGentex Corp	—	−583	—	exited	0.00 pp	—
GTGoodyear Tire & Rubber	—	−1,706	—	exited	0.00 pp	—
GGGGraco Inc	—	−401	—	exited	0.00 pp	—
GWWW.W. Grainger, Inc.	—	−68	—	exited	0.00 pp	—
HCSGHealthcare Services Group	—	−157	—	exited	0.00 pp	—
JKHYHenry (Jack) & Associates	—	−62	—	exited	0.00 pp	—
HRTXHeron Therapeutics, Inc.	—	−308	—	exited	0.00 pp	—
HIHillenbrand, Inc.	—	−170	—	exited	0.00 pp	—
HUMHumana Inc.	—	−64	—	exited	0.00 pp	—
INCYIncyte Genomics Inc	—	−165	—	exited	0.00 pp	—
INFNInfinera Corporation	—	−3,200	—	exited	0.00 pp	—
INSMInsmed, Inc.	—	−802	—	exited	0.00 pp	—
ICPTIntercept Pharmaceuticals, Inc.	—	−101	—	exited	0.00 pp	—
NVTAInvitae Corporation	—	−800	—	exited	0.00 pp	—
JJSFJ&J Snack Foods Corp	—	−103	—	exited	0.00 pp	—
JNJJohnson & Johnson	—	−108	—	exited	0.00 pp	—
KFRCKforce Inc.	—	−335	—	exited	0.00 pp	—
KNKnowles Corporation	—	−1,332	—	exited	0.00 pp	—
KLICKulicke & Soffa Industries Inc	—	−537	—	exited	0.00 pp	—
LHXL3Harris Technologies, Inc.	—	−61	—	exited	0.00 pp	—
LBRDKLiberty Broadband Corporation Class C	—	−113	—	exited	0.00 pp	—
LSPDLightspeed Commerce Inc.	—	−310	—	exited	0.00 pp	—
LECOLincoln Electric Holdings Inc	—	−103	—	exited	0.00 pp	—
LYFTLyft, Inc. Class A	—	−488	—	exited	0.00 pp	—
MARAMARA Holdings, Inc.	—	−200	—	exited	0.00 pp	—
MARMarriott International Class A	—	−123	—	exited	0.00 pp	—
MXLMaxLinear, Inc.	—	−460	—	exited	0.00 pp	—
MXCTMaxCyte, Inc.	—	−293,325	—	exited	0.00 pp	—
MEDMedifast, Inc.	—	−154	—	exited	0.00 pp	—
MRKMerck & Co., Inc.	—	−148	—	exited	0.00 pp	—
MRTXMirati Therapeutics, Inc.	—	−214	—	exited	0.00 pp	—
unresolvedMomentive Global Inc	—	−1,339	—	exited	0.00 pp	—
MPWRMonolithic Power Systems, Inc.	—	−66	—	exited	0.00 pp	—
NNDMNano Dimension Ltd.	—	−1,600	—	exited	0.00 pp	—
NKTRNektar Therapeutics	—	−1,376	—	exited	0.00 pp	—
NEWRNew Relic, Inc.	—	−795	—	exited	0.00 pp	—
MASS908 Devices Inc.	—	−249	—	exited	0.00 pp	—
LASRnLIGHT, Inc.	—	−468	—	exited	0.00 pp	—
NVAXNovavax Inc	—	−130	—	exited	0.00 pp	—
NTNXNutanix, Inc. Class A	—	−723	—	exited	0.00 pp	—
ONON Semiconductor Corp	—	−619	—	exited	0.00 pp	—
OPKOpko Health Inc.	—	−6,635	—	exited	0.00 pp	—
OMOutset Medical, Inc.	—	−386	—	exited	0.00 pp	—
PTCTPTC Therapeutics, Inc.	—	−278	—	exited	0.00 pp	—
PDPagerDuty, Inc.	—	−565	—	exited	0.00 pp	—
PAYXPaychex Inc	—	−137	—	exited	0.00 pp	—
PFEPfizer Inc.	—	−466	—	exited	0.00 pp	—
PLLPiedmont Lithium Inc.	—	−251	—	exited	0.00 pp	—
PRCTPROCEPT BioRobotics Corporation	—	−435	—	exited	0.00 pp	—
PEverpure, Inc.	—	−1,480	—	exited	0.00 pp	—
QCOMQualcomm Inc	—	−202	—	exited	0.00 pp	—
DGXQuest Diagnostics Inc.	—	−171	—	exited	0.00 pp	—
RMBSRambus Inc	—	−740	—	exited	0.00 pp	—
REGNRegeneron Pharmaceuticals Inc	—	−54	—	exited	0.00 pp	—
RGNXREGENXBIO Inc.	—	−817	—	exited	0.00 pp	—
RHIRobert Half Inc.	—	−131	—	exited	0.00 pp	—
ROLRollins, Inc.	—	−623	—	exited	0.00 pp	—
SEICSEI Investments Co	—	−508	—	exited	0.00 pp	—
SGMOQSangamo Therapeutics Inc	—	−2,510	—	exited	0.00 pp	—
SRPTSarepta Therapeutics,, Inc.	—	−231	—	exited	0.00 pp	—
MATVMativ Holdings, Inc.	—	−340	—	exited	0.00 pp	—
SGENSeagen Inc.	—	−128	—	exited	0.00 pp	—
SEERSeer, Inc. Class A	—	−223	—	exited	0.00 pp	—
SILKSilk Road Medical, Inc.	—	−283	—	exited	0.00 pp	—
SWKSSkyworks Solutions Inc	—	−136	—	exited	0.00 pp	—
AOSA.O. Smith Corporation	—	−289	—	exited	0.00 pp	—
SMARSmartsheet Inc.	—	−352	—	exited	0.00 pp	—
SNASnap-on Incorporated	—	−86	—	exited	0.00 pp	—
SRNESorrento Therapeutics Inc	—	−3,711	—	exited	0.00 pp	—
SFIXStitch Fix, Inc. Class A	—	−34,610	—	exited	0.00 pp	—
SUMOSumo Logic, Inc.	—	−946	—	exited	0.00 pp	—
SPWRQSunpower Corp	—	−1,210	—	exited	0.00 pp	—
TGTTarget Corporation	—	−112	—	exited	0.00 pp	—
TUTelus Corporation	—	−576	—	exited	0.00 pp	—
TTCToro Company (The)	—	−292	—	exited	0.00 pp	—
TSCOTractor Supply Co	—	−177	—	exited	0.00 pp	—
TSPHCreateai Holdings Inc A	—	−349	—	exited	0.00 pp	—
TSVT2seventy bio, Inc.	—	−286	—	exited	0.00 pp	—
RAREUltragenyx Pharmaceutical Inc.	—	−115	—	exited	0.00 pp	—
VALEVale S.a.	—	−632	—	exited	0.00 pp	—
VERIVeritone, Inc.	—	−649	—	exited	0.00 pp	—
VCVisteon Corporation	—	−253	—	exited	0.00 pp	—
VUZIVuzix Corporation	—	−924	—	exited	0.00 pp	—
WDFCWd-40 Co	—	−80	—	exited	0.00 pp	—
WMTWalmart Inc.	—	−137	—	exited	0.00 pp	—
WSTWest Pharmaceutical Services, Inc.	—	−46	—	exited	0.00 pp	—
WSMWilliams-Sonoma, Inc.	—	−63	—	exited	0.00 pp	—
XPELXPEL, Inc.	—	−369	—	exited	0.00 pp	—
XPERXperi Inc	—	−579	—	exited	0.00 pp	—
GTMZoomInfo Technologies Inc	—	−446	—	exited	0.00 pp	—
ZYXIQZynex Inc	—	−481	—	exited	0.00 pp	—
DOXAmdocs Limited	—	−432	—	exited	0.00 pp	—
ACNAccenture PLC	—	−48	—	exited	0.00 pp	—
GANGan Ltd	—	−572	—	exited	0.00 pp	—
BRSLBrightstar Lottery PLC	—	−1,271	—	exited	0.00 pp	—
JAZZJazz Pharmaceuticals, Inc.	—	−193	—	exited	0.00 pp	—
LOGILogitech International SA	—	−235	—	exited	0.00 pp	—
CGNTCognyte Software Ltd.	—	−369	—	exited	0.00 pp	—
INMDInMode Ltd.	—	−659	—	exited	0.00 pp	—