Baillie Gifford

Q3 2023 13F

As of: Sep 30, 2023
Filed: Nov 13, 2023
US stock: $109.6B · prev $117.6B
Positions: 289 · prev 297
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%

Moves275 since the prior filing

+4.2 pp in · −4.2 pp out

New 9 +0.54 pp
Added 52 +3.68 pp
Trimmed 197 −3.97 pp
Exited 17 −0.27 pp

The book

Diversified · behaves like 42 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Low turnover · 12% a year, about 8.6 years per position

Low
Moderate
High

Top 5 positions27% of US stock

Positions289 in this filing · 17 exited


MELIMercado Libre, Inc	6.98%	6,031,832	$7.6B	trimmed−6%	+0.55 pp	42 q
NVDANvidia Corp	5.47%	13,781,767	$6.0B	trimmed−12%	−0.13 pp	31 q
TSLATesla, Inc.	5.09%	22,298,616	$5.6B	trimmed−4%	−0.07 pp	42 q
AMZNAmazon.Com Inc	4.79%	41,332,199	$5.3B	added+1%	+0.26 pp	42 q
MRNAModerna, Inc.	4.30%	45,649,183	$4.7B	trimmed−0%	−0.42 pp	20 q
SPOTSpotify Technology S.A.	3.50%	24,822,122	$3.8B	trimmed−1%	+0.06 pp	22 q
PDDPDD Holdings Inc.	3.19%	35,668,170	$3.5B	added+14%	+1.36 pp	21 q
TTDThe Trade Desk, Inc.	3.19%	44,694,766	$3.5B	trimmed−2%	+0.20 pp	21 q
SHOPShopify Inc. Class A subordinate voting shares	3.12%	62,745,009	$3.4B	trimmed−4%	−0.48 pp	25 q
RACEFerrari N.V.	1.94%	7,185,916	$2.1B	trimmed−0%	−0.06 pp	31 q
CPNGCoupang, Inc.	1.86%	119,681,094	$2.0B	added+8%	+0.22 pp	11 q
NFLXNetFlix Inc	1.83%	5,323,450	$2.0B	trimmed−6%	−0.29 pp	35 q
NETCloudflare, Inc. Class A, par value $0.001 per share	1.79%	31,058,224	$2.0B	trimmed−1%	+0.04 pp	14 q
MSFTMicrosoft Corp	1.55%	5,393,529	$1.7B	trimmed−3%	−0.05 pp	42 q
DXCMDexCom, Inc.	1.42%	16,682,504	$1.6B	trimmed−0%	−0.41 pp	42 q
WDAYWorkday, Inc. Class A	1.39%	7,085,788	$1.5B	trimmed−1%	+0.01 pp	42 q
TEAMAtlassian Corporation Class A	1.34%	7,296,301	$1.5B	trimmed−1%	+0.29 pp	5 q
ALNYAlnylam Pharmaceuticals, Inc.	1.32%	8,163,139	$1.4B	trimmed−3%	−0.03 pp	42 q
ILMNIllumina Inc	1.31%	10,470,303	$1.4B	trimmed−25%	−0.92 pp	42 q
ELVElevance Health, Inc.	1.22%	3,059,918	$1.3B	trimmed−2%	+0.04 pp	36 q
METAMeta Platforms, Inc. Class A	1.17%	4,275,687	$1.3B	added+12%	+0.24 pp	42 q
ISRGIntuitive Surgical Inc.	1.09%	4,094,035	$1.2B	trimmed−1%	−0.11 pp	42 q
MCOMoody's Corporation	1.09%	3,791,672	$1.2B	trimmed−4%	−0.07 pp	42 q
SESea Limited	1.05%	26,137,417	$1.1B	added+20%	−0.03 pp	24 q
MLMMartin Marietta Materials	1.03%	2,761,188	$1.1B	trimmed−2%	−0.08 pp	42 q
AMDAdvanced Micro Devices	0.96%	10,272,592	$1.1B	trimmed−1%	−0.04 pp	12 q
NIONIO Inc.	0.95%	114,904,317	$1.0B	trimmed−4%	−0.03 pp	21 q
GOOGAlphabet Inc. Class C	0.92%	7,615,295	$1.0B	trimmed−3%	+0.11 pp	38 q
DASHDoorDash, Inc. Class A	0.87%	12,002,645	$954M	trimmed−2%	+0.07 pp	12 q
MAMastercard Incorporated	0.87%	2,409,788	$954M	trimmed−2%	+0.05 pp	42 q
BNTXBioNTech SE	0.85%	8,602,839	$935M	added+15%	+0.17 pp	11 q
DDOGDatadog, Inc. Class A	0.84%	10,150,689	$925M	trimmed−2%	−0.03 pp	13 q
CSGPCoStar Group Inc	0.82%	11,638,598	$895M	trimmed−2%	−0.08 pp	29 q
NUNu Holdings Ltd.	0.78%	118,142,258	$857M	trimmed−1%	−0.02 pp	8 q
SCIService Corporation International	0.76%	14,620,704	$835M	trimmed−2%	−0.06 pp	21 q
RBLXRoblox Corporation	0.74%	28,145,849	$815M	trimmed−1%	−0.24 pp	7 q
RYAAYRyanair Holdings plc	0.73%	8,191,424	$796M	trimmed−1%	−0.05 pp	32 q
DUOLDuolingo, Inc. Class A	0.68%	4,488,629	$745M	added+5%	+0.16 pp	9 q
PBRPetroleo Brasileiro S.a.-petrobras	0.68%	49,443,500	$741M	trimmed−11%	+0.03 pp	28 q
WIXWIX.com Ltd.	0.66%	7,907,590	$726M	trimmed−0%	+0.13 pp	32 q
WSOWatsco, Inc.	0.65%	1,881,098	$711M	trimmed−3%	+0.02 pp	42 q
ONCBeOne Medicines Ltd.	0.64%	3,871,598	$696M	added+18%	+0.14 pp	31 q
SNOWSnowflake Inc.	0.61%	4,385,341	$670M	trimmed−1%	−0.05 pp	13 q
AJGArthur J. Gallagher & Co.	0.59%	2,826,867	$644M	trimmed−4%	+0.04 pp	24 q
ESTCElastic N.V.	0.56%	7,552,474	$614M	trimmed−0%	+0.15 pp	5 q
ADIAnalog Devices, Inc.	0.54%	3,396,462	$595M	trimmed−2%	−0.04 pp	42 q
TSMTaiwan Semiconductor Manufacturing Company Ltd.	0.54%	6,849,950	$595M	trimmed−2%	−0.06 pp	31 q
IOTSamsara Inc.	0.52%	22,586,188	$569M	added+5%	+0.02 pp	3 q
HDBHDFC Bank Limited	0.51%	9,560,478	$564M	added×2.8	+0.31 pp	35 q
BRBroadridge Financial Solutions Inc	0.49%	2,970,254	$532M	trimmed−4%	+0.05 pp	18 q
SPGIS&P Global Inc.	0.46%	1,388,250	$507M	trimmed−3%	−0.03 pp	14 q
RPRXRoyalty Pharma plc Class A	0.45%	18,241,284	$495M	trimmed−1%	−0.03 pp	7 q
COURCoursera, Inc.	0.44%	25,827,187	$483M	added+43%	+0.24 pp	11 q
TERTeradyne, Inc.	0.43%	4,733,104	$475M	trimmed−2%	−0.03 pp	42 q
WWayfair Inc.	0.43%	7,706,935	$467M	trimmed−2%	0.00 pp	33 q
MKLMarkel Group Inc.	0.41%	302,681	$446M	trimmed−2%	+0.05 pp	42 q
DNAGinkgo Bioworks Holdings, Inc.	0.39%	238,808,823	$432M	trimmed−1%	+0.01 pp	9 q
ALBAlbemarle Corporation	0.38%	2,439,172	$415M	trimmed−2%	−0.09 pp	27 q
WMSAdvanced Drainage Systems, Inc.	0.37%	3,519,881	$401M	trimmed−3%	+0.02 pp	4 q
AFRMAffirm Holdings, Inc. Class A	0.37%	19,025,293	$405M	trimmed−2%	+0.12 pp	11 q
DEDeere & Company	0.37%	1,064,364	$402M	trimmed−1%	0.00 pp	15 q
SCHWThe Charles Schwab Corporation	0.37%	7,288,424	$400M	trimmed−2%	+0.01 pp	8 q
ETNEaton Corporation, plc	0.37%	1,899,762	$405M	trimmed−2%	+0.04 pp	4 q
ADBEAdobe Inc.	0.36%	766,987	$391M	trimmed−4%	+0.03 pp	7 q
CBRECbre Group, Inc.	0.35%	5,228,125	$386M	trimmed−2%	−0.02 pp	14 q
ENTGEntegris Inc	0.34%	3,930,902	$369M	trimmed−2%	−0.04 pp	4 q
SITESiteOne Landscape Supply, Inc.	0.33%	2,219,710	$363M	trimmed−2%	+0.01 pp	26 q
BIDUBaidu, Inc.	0.32%	2,633,850	$354M	trimmed−0%	+0.01 pp	42 q
MTDMettler-Toledo International	0.32%	311,634	$345M	trimmed−1%	−0.03 pp	42 q
MBLYMobileye Global Inc. Class A	0.32%	8,456,271	$351M	trimmed−0%	+0.04 pp	4 q
TMOThermo Fisher Scientific, Inc.	0.32%	696,934	$353M	trimmed−2%	0.00 pp	24 q
CXCemex S.A.B. de C.V.	0.31%	52,737,893	$343M	trimmed−28%	−0.13 pp	42 q
TXG10x Genomics, Inc. Class A	0.31%	8,340,898	$344M	trimmed−2%	−0.09 pp	15 q
CPACopa Holdings, S.A.	0.31%	3,848,117	$343M	added+7%	−0.03 pp	42 q
JOBYJoby Aviation, Inc.	0.30%	51,053,005	$329M	trimmed−2%	−0.15 pp	9 q
DNLIDenali Therapeutics Inc.	0.28%	14,681,027	$303M	trimmed−1%	−0.09 pp	24 q
YETIYETI Holdings, Inc.	0.27%	6,155,737	$297M	added+97%	+0.17 pp	2 q
CHWYChewy, Inc.	0.26%	15,828,388	$289M	trimmed−2%	−0.28 pp	18 q
EXKExact Sciences Corp	0.25%	4,066,330	$277M	trimmed−11%	−0.11 pp	25 q
FMXFomento Economico Mexicano, S.a.b. De C.v.	0.25%	2,495,474	$272M	added×2.2	+0.14 pp	2 q
XYLXylem Inc	0.25%	2,997,020	$273M	trimmed−1%	−0.04 pp	27 q
ELThe Estee Lauder Companies Inc. Class A	0.23%	1,767,557	$256M	trimmed−3%	−0.07 pp	32 q
TWLOTwilio Inc.	0.22%	4,082,621	$239M	trimmed−2%	0.00 pp	14 q
POOLPool Corporation	0.21%	632,725	$225M	trimmed−2%	0.00 pp	12 q
ROKURoku, Inc. Class A	0.21%	3,199,652	$226M	trimmed−4%	+0.03 pp	19 q
SEDGSolarEdge Technologies, Inc.	0.21%	1,770,501	$229M	added+89%	0.00 pp	12 q
ZMZoom Communications, Inc. Class A	0.21%	3,218,739	$225M	trimmed−18%	−0.02 pp	18 q
FNDFloor & Decor Holdings, Inc.	0.20%	2,471,801	$224M	trimmed−3%	−0.02 pp	4 q
PINSPinterest, Inc. Class A	0.20%	8,262,586	$223M	trimmed−2%	0.00 pp	12 q
SPTSprout Social, Inc Class A	0.20%	4,404,402	$220M	added×3.4	+0.15 pp	12 q
FIXComfort Systems USA, Inc.	0.18%	1,187,920	$202M	new	+0.18 pp	new
ECLEcolab, Inc.	0.18%	1,173,359	$199M	trimmed−1%	−0.01 pp	27 q
STAAStaar Surgical Co	0.18%	4,918,126	$198M	trimmed−4%	−0.05 pp	28 q
ADSKAutodesk Inc	0.17%	893,050	$185M	trimmed−1%	+0.01 pp	4 q
HHHHoward Hughes Holdings Inc.	0.17%	2,548,106	$189M	new	+0.17 pp	new
RXRXRecursion Pharmaceuticals, Inc. Class A	0.17%	24,551,409	$188M	trimmed−2%	+0.01 pp	10 q
TMETencent Music Entertainment Group	0.16%	27,594,963	$176M	trimmed−4%	−0.02 pp	20 q
BAPCredicorp LTD	0.16%	1,412,326	$181M	trimmed−0%	−0.02 pp	42 q
unresolvedAbcam Plc ADR	0.15%	7,307,800	$165M	trimmed−10%	−0.02 pp	4 q
HCPHashiCorp, Inc. Class A	0.15%	7,050,463	$161M	trimmed−5%	−0.01 pp	8 q
PENPenumbra, Inc.	0.15%	679,627	$164M	trimmed−3%	−0.05 pp	25 q
GOOGLAlphabet Inc. Class A	0.14%	1,140,891	$149M	trimmed−3%	+0.02 pp	33 q
BBDBanco Bradesco S.A.	0.14%	53,912,606	$154M	trimmed−1%	−0.02 pp	28 q
FASTFastenal Co	0.14%	2,744,375	$150M	trimmed−2%	0.00 pp	41 q
IBNICICI Bank Limited	0.14%	6,466,894	$150M	added+4%	+0.02 pp	42 q
RELYRemitly Global, Inc.	0.14%	6,073,676	$153M	trimmed−2%	+0.04 pp	4 q
ODDODDITY Tech Ltd. Class A	0.14%	5,559,817	$158M	new	+0.14 pp	new
DOCSDoximity, Inc.	0.13%	6,656,242	$141M	added+1%	−0.06 pp	5 q
SGSweetgreen, Inc.	0.13%	12,009,929	$141M	added+32%	+0.03 pp	5 q
CERTCertara, Inc.	0.12%	9,191,130	$134M	trimmed−2%	−0.03 pp	11 q
MKTXMarketAxess Holdings Inc.	0.12%	615,353	$131M	trimmed−56%	−0.19 pp	42 q
PGProcter & Gamble Company	0.12%	873,312	$127M	trimmed−2%	+0.01 pp	34 q
ABCLAbCellera Biologics Inc.	0.11%	26,204,649	$121M	trimmed−1%	−0.03 pp	11 q
PBR.APetroleo Brasileiro S.A.-Petrobras	0.11%	8,916,817	$122M	trimmed−7%	+0.01 pp	22 q
AAPLApple Inc.	0.10%	651,999	$112M	trimmed−0%	−0.01 pp	42 q
CPCanadian Pacific Kansas City Limited	0.10%	1,493,987	$112M	trimmed−1%	0.00 pp	2 q
YMMFull Truck Alliance Co. Ltd.	0.10%	15,734,606	$111M	trimmed−0%	+0.02 pp	10 q
PEPPepsiCo, Inc.	0.10%	661,646	$112M	trimmed−1%	−0.01 pp	42 q
UPSUnited Parcel Service, Inc. Class B	0.10%	733,553	$114M	trimmed−2%	−0.01 pp	42 q
NVCRNovoCure Limited	0.10%	6,814,214	$110M	trimmed−22%	−0.21 pp	24 q
AXONAxon Enterprise, Inc.	0.09%	476,500	$95M	trimmed−15%	0.00 pp	20 q
ZZillow Group, Inc. Class C	0.09%	2,251,955	$104M	trimmed−9%	−0.02 pp	33 q
AVAVAeroVironment, Inc.	0.08%	767,092	$86M	trimmed−3%	+0.01 pp	42 q
APPNAppian Corporation Class A	0.08%	1,874,637	$86M	trimmed−0%	0.00 pp	19 q
CHGGChegg, Inc.	0.08%	9,918,783	$88M	trimmed−7%	0.00 pp	24 q
FTCHQFarfetch Limited A	0.08%	43,555,765	$91M	trimmed−2%	−0.15 pp	18 q
SDGRSchrodinger, Inc.	0.08%	2,950,552	$83M	trimmed−1%	−0.05 pp	12 q
SNAPSnap Inc.	0.08%	10,345,952	$92M	trimmed−0%	−0.02 pp	12 q
SBUXStarbucks Corp	0.08%	934,009	$85M	trimmed−3%	0.00 pp	9 q
MMYTMakeMyTrip Limited	0.08%	2,274,225	$92M	added0%	+0.03 pp	27 q
AURAurora Innovation, Inc. Class A	0.07%	33,634,164	$79M	added×2.3	+0.03 pp	8 q
ITUBItau Unibanco Holding S.A.	0.07%	14,593,580	$78M	trimmed−2%	0.00 pp	42 q
RIVNRivian Automotive, Inc. Class A	0.07%	3,241,646	$79M	trimmed−1%	+0.02 pp	8 q
WRBYWarby Parker Inc.	0.07%	6,051,671	$80M	trimmed−0%	+0.01 pp	9 q
INTUIntuit Inc	0.06%	134,118	$69M	trimmed−1%	+0.01 pp	8 q
RDFNRedfin Corporation	0.06%	8,695,338	$61M	trimmed−0%	−0.03 pp	25 q
TXNTexas Instruments Incorporated	0.06%	409,466	$65M	added+37%	+0.01 pp	6 q
WNSNWns Holdings Ltd-adr	0.06%	1,011,599	$69M	added+62%	+0.02 pp	2 q
CSCOCisco Systems, Inc. (DE)	0.05%	1,070,808	$58M	trimmed−2%	0.00 pp	14 q
INFYInfosys Limited	0.05%	3,088,240	$53M	added+7%	+0.01 pp	39 q
LMNDLemonade, Inc.	0.05%	4,707,789	$55M	trimmed−1%	−0.02 pp	13 q
RAMPLiveRamp Holdings, Inc.	0.05%	1,839,141	$53M	trimmed−0%	+0.01 pp	16 q
PCRXPacira BioSciences, Inc.	0.05%	1,637,076	$50M	trimmed−1%	−0.01 pp	33 q
PGNYProgyny, Inc.	0.05%	1,643,892	$56M	trimmed−1%	−0.01 pp	12 q
SWAVShockwave Medical, Inc.	0.05%	272,963	$54M	trimmed−9%	−0.02 pp	17 q
UPWKUpwork Inc.	0.05%	5,208,522	$59M	trimmed−25%	0.00 pp	18 q
BLBlackLine, Inc.	0.04%	774,162	$43M	trimmed−4%	0.00 pp	23 q
KOCoca-Cola Company	0.04%	760,195	$43M	trimmed−5%	0.00 pp	39 q
CGNXCognex Corp	0.04%	1,106,580	$47M	trimmed−0%	−0.01 pp	4 q
DLBDolby Laboratories, Inc.Class A	0.04%	531,729	$42M	trimmed−21%	−0.01 pp	42 q
MPMP Materials Corp.	0.04%	2,345,913	$45M	added+24%	0.00 pp	8 q
PLDPrologis, Inc.	0.04%	408,138	$46M	added+25%	+0.01 pp	11 q
SANASana Biotechnology, Inc.	0.04%	10,204,375	$39M	trimmed−6%	−0.01 pp	11 q
UNHUNITEDHEALTH GROUP INCORPORATED (Delaware)	0.04%	77,440	$39M	trimmed−3%	+0.01 pp	9 q
ZUOZuora, Inc.	0.04%	5,032,539	$41M	trimmed−2%	−0.01 pp	19 q
FROGJFrog Ltd.	0.04%	1,738,114	$44M	trimmed−0%	0.00 pp	11 q
AMTAmerican Tower Corporation	0.03%	167,436	$28M	added×2.1	+0.02 pp	9 q
unresolvedChargePoint Holdings Inc	0.03%	5,757,675	$29M	added0%	−0.01 pp	11 q
D0ADada Nexus Ltd-adr	0.03%	7,489,745	$33M	added+1%	0.00 pp	14 q
EWEdwards Lifesciences Corp	0.03%	440,401	$31M	trimmed−5%	−0.01 pp	20 q
IPGPIPG Photonics Corporation	0.03%	365,885	$37M	trimmed−0%	−0.01 pp	42 q
MCDMcDonald's Corporation	0.03%	118,104	$31M	trimmed−3%	0.00 pp	42 q
NYTNew York Times Co.	0.03%	922,490	$38M	added+10%	0.00 pp	3 q
TROWT Rowe Price Group Inc	0.03%	361,432	$38M	added+12%	0.00 pp	15 q
REXRRexford Industrial Realty, Inc.	0.03%	753,331	$37M	trimmed−4%	0.00 pp	11 q
TDOCTeladoc Health, Inc.	0.03%	1,759,908	$33M	trimmed−1%	−0.01 pp	27 q
VIRVir Biotechnology, Inc.	0.03%	3,971,571	$37M	trimmed−0%	−0.05 pp	16 q
AMBAAmbarella, Inc.	0.03%	584,312	$31M	trimmed−6%	−0.01 pp	27 q
FNFabrinet	0.03%	194,416	$32M	new	+0.03 pp	new
MDTMedtronic plc	0.03%	472,138	$37M	trimmed−1%	−0.01 pp	12 q
CYBRCyberark Software LTD/ISRAEL	0.03%	209,264	$34M	trimmed−11%	0.00 pp	15 q
ARCCAres Capital Corporation	0.02%	1,045,471	$20M	trimmed−25%	0.00 pp	14 q
BEAMBeam Therapeutics Inc.	0.02%	875,747	$21M	added+67%	+0.01 pp	12 q
9213421DBrookfield Renewable Cor-a	0.02%	728,703	$17M	added+12%	0.00 pp	13 q
CDLXCardlytics, Inc.	0.02%	1,049,448	$17M	trimmed−27%	+0.01 pp	11 q
YOUClear Secure, Inc.	0.02%	1,000,000	$19M	held	—	10 q
96669EURDmrc LLC	0.02%	818,615	$27M	trimmed−0%	0.00 pp	33 q
ESEversource Energy	0.02%	284,236	$17M	added+80%	+0.01 pp	31 q
EXAIExscientia Plc	0.02%	4,868,810	$22M	trimmed−4%	−0.01 pp	8 q
JMIAJumia Technologies AG	0.02%	9,347,557	$25M	trimmed−0%	−0.01 pp	18 q
BEKEKE Holdings Inc.	0.02%	1,584,242	$25M	trimmed−2%	0.00 pp	13 q
unresolvedLufax Holding Ltd	0.02%	24,878,403	$26M	trimmed−1%	−0.01 pp	12 q
NBTXNanobiotix S.A.	0.02%	1,936,195	$17M	added+38%	+0.01 pp	12 q
unresolvedOatly Inc.	0.02%	29,437,368	$26M	trimmed−20%	−0.04 pp	10 q
QTRXQuanterix Corporation	0.02%	631,897	$17M	held	—	11 q
QSQuantumScape Corporation Class A	0.02%	2,581,225	$17M	added+54%	+0.01 pp	12 q
TMDXTransMedics Group, Inc.	0.02%	338,162	$19M	added+40%	0.00 pp	11 q
TRUPTrupanion, Inc.	0.02%	812,739	$23M	trimmed−0%	+0.01 pp	29 q
TWSTTwist Bioscience Corporation	0.02%	1,268,295	$26M	trimmed−0%	0.00 pp	5 q
VECOVeeco Instruments Inc	0.02%	922,365	$26M	trimmed−0%	0.00 pp	32 q
WABWabtec Inc.	0.02%	193,992	$21M	added+10%	0.00 pp	3 q
CRSPCRISPR Therapeutics AG	0.02%	441,063	$20M	added+81%	+0.01 pp	5 q
FVRRFiverr International Ltd.	0.02%	1,054,732	$26M	trimmed−10%	−0.01 pp	11 q
ADAPYAdaptimmune Theraptcs	0.01%	17,147,409	$13M	trimmed−0%	0.00 pp	31 q
AMSCAmerican Superconductor Corp	0.01%	1,491,370	$11M	held	—	13 q
ADMArcher Daniels Midland Company	0.01%	199,310	$15M	trimmed−8%	0.00 pp	6 q
ASNDAscendis Pharma A/S	0.01%	86,321	$8M	trimmed−5%	0.00 pp	12 q
AZOAutoZone, Inc.	0.01%	5,136	$13M	trimmed−11%	0.00 pp	6 q
BKNGBooking Holdings Inc.	0.01%	4,510	$14M	trimmed−17%	0.00 pp	14 q
BNBrookfield Corporation	0.01%	258,534	$8M	trimmed−8%	0.00 pp	2 q
KMXCarMax Inc.	0.01%	159,515	$11M	trimmed−6%	0.00 pp	6 q
CRLCharles River Laboratories International, Inc.	0.01%	79,572	$16M	trimmed−6%	−0.01 pp	6 q
CDXSCodexis, Inc.	0.01%	4,049,567	$8M	trimmed−34%	0.00 pp	35 q
DCBODocebo Inc.	0.01%	236,292	$10M	trimmed−1%	0.00 pp	11 q
EOGEOG Resources, Inc.	0.01%	50,054	$6M	trimmed−7%	0.00 pp	2 q
EVBGEverbridge, Inc.	0.01%	574,022	$13M	trimmed−9%	0.00 pp	12 q
EVEREverQuote, Inc. Class A	0.01%	1,233,619	$9M	trimmed−9%	0.00 pp	16 q
FCNFTI Consulting, Inc.	0.01%	37,509	$7M	trimmed−7%	0.00 pp	6 q
FTVFortive Corporation	0.01%	88,332	$7M	trimmed−10%	0.00 pp	29 q
HCATHealth Catalyst, Inc	0.01%	567,136	$6M	trimmed−4%	0.00 pp	17 q
HSYThe Hershey Company	0.01%	70,347	$14M	trimmed−12%	−0.01 pp	6 q
HDHome Depot, Inc.	0.01%	52,600	$16M	new	+0.01 pp	new
IONSIonis Pharmaceuticals, Inc.	0.01%	316,629	$14M	trimmed−4%	0.00 pp	32 q
IRBTiRobot Corporation	0.01%	242,000	$9M	trimmed−10%	0.00 pp	42 q
TREELendingTree, Inc.	0.01%	515,100	$8M	trimmed−9%	0.00 pp	31 q
MASIMasimo Corporation	0.01%	91,229	$8M	trimmed−4%	0.00 pp	17 q
NEENextEra Energy, Inc.	0.01%	209,859	$12M	added×3.7	+0.01 pp	14 q
PYPLPayPal Holdings, Inc.	0.01%	197,963	$12M	new	+0.01 pp	new
PGRProgressive Corporation	0.01%	114,751	$16M	trimmed−5%	0.00 pp	6 q
RMDResMed Inc.	0.01%	63,544	$9M	trimmed−5%	0.00 pp	29 q
SHWThe Sherwin-Williams Company	0.01%	38,555	$10M	trimmed−10%	0.00 pp	41 q
XYZBlock, Inc.	0.01%	163,692	$7M	trimmed−8%	0.00 pp	5 q
unresolvedSutro Biopharma	0.01%	1,867,654	$6M	held	—	14 q
TJXTJX Companies, Inc. (The)	0.01%	167,687	$15M	trimmed−21%	−0.01 pp	42 q
VEEVVeeva Systems Inc.	0.01%	57,701	$12M	added+34%	0.00 pp	12 q
VVISA Inc.	0.01%	43,448	$10M	trimmed−10%	0.00 pp	42 q
WATWaters Corp	0.01%	55,313	$15M	trimmed−4%	0.00 pp	42 q
ZGZillow Group Inc Class A	0.01%	301,986	$14M	trimmed−9%	0.00 pp	35 q
BURBurford Capital Limited	0.01%	637,338	$9M	trimmed−1%	0.00 pp	10 q
DLODLocal Limited Class A	0.01%	553,728	$11M	trimmed−0%	0.00 pp	10 q
SSYSStratasys Inc (ISRAEL)	0.01%	827,193	$11M	trimmed−0%	0.00 pp	42 q
AEHRAehr Test Systems	0.00%	6,124	$279,867	new	0.00 pp	new
AEMAgnico Eagle Mines Ltd.	0.00%	43,514	$2M	held	—	7 q
APIAgora, Inc.	0.00%	744,300	$2M	held	—	14 q
unresolvedAkili Inc	0.00%	4,665,795	$3M	held	—	5 q
ALECAlector, Inc.	0.00%	367,972	$2M	trimmed−4%	0.00 pp	19 q
BABAAlibaba Group Holding Limited	0.00%	68	$5,898	added+74%	0.00 pp	37 q
BIRDSmartbird, Inc. Class A	0.00%	532,500	$591,075	held	—	8 q
AEEAmeren Corporation	0.00%	7,672	$574,096	held	—	16 q
unresolvedAmerican Well Corp Class A	0.00%	103,508	$121,104	held	—	13 q
BCEBCE, Inc.	0.00%	30,510	$1M	held	—	2 q
BANDBandwidth Inc. Class A	0.00%	29,997	$338,066	held	—	12 q
BYNDBeyond Meat, Inc.	0.00%	3,111	$29,928	trimmed−32%	0.00 pp	14 q
BNRBurning Rock Biotech Limited	0.00%	156,912	$152,205	trimmed−2%	0.00 pp	14 q
LAWCS Disco, Inc.	0.00%	36,822	$244,498	held	—	9 q
CALXCalix, Inc.	0.00%	13,019	$596,791	held	—	7 q
GOOSCanada Goose Holdings Inc.	0.00%	142,700	$2M	new	0.00 pp	new
CARGCarGurus, Inc. Class A	0.00%	31,559	$552,913	held	—	12 q
CLLSCellectis S.A.	0.00%	1,164,009	$2M	trimmed−18%	0.00 pp	10 q
COINCoinbase Global, Inc. Class A	0.00%	12,878	$966,880	trimmed−7%	0.00 pp	6 q
CCUCompania Cervecerias Unidas S.A.	0.00%	318,214	$4M	trimmed−5%	0.00 pp	3 q
EDConsolidated Edison, Inc.	0.00%	6,880	$588,446	trimmed−94%	−0.01 pp	30 q
DLRDigital Realty Trust, Inc.	0.00%	4,323	$523,169	trimmed−23%	0.00 pp	8 q
ENPHEnphase Energy, Inc.	0.00%	1,053	$126,518	added+9%	0.00 pp	9 q
VMRKVivmark Residential	0.00%	9,900	$581,229	added+62%	0.00 pp	2 q
EXCExelon Corporation	0.00%	31,818	$1M	held	—	30 q
EXFYExpensify, Inc. Class A	0.00%	1,097,896	$4M	held	—	8 q
FTSFortis Inc.	0.00%	29,605	$1M	held	—	14 q
FRPTFreshpet, Inc.	0.00%	61,611	$4M	trimmed−2%	0.00 pp	10 q
GTLBGitLab Inc. Class A	0.00%	113,574	$5M	added+1%	0.00 pp	6 q
GMEDGlobus Medical Inc	0.00%	109,875	$5M	added0%	−0.01 pp	6 q
GBDCGolub Capital BDC, Inc.	0.00%	187,893	$3M	added+54%	0.00 pp	9 q
HRHealthcare Realty Trust Incorporated	0.00%	27,047	$413,008	added+23%	0.00 pp	4 q
HCMHUTCHMED (China) Limited	0.00%	135,275	$2M	trimmed−5%	0.00 pp	30 q
HUYAHUYA Inc.	0.00%	1,765,711	$5M	held	—	15 q
INSPInspire Medical Systems, Inc.	0.00%	17,704	$4M	added×2.3	0.00 pp	12 q
LPSNLivePerson Inc	0.00%	1,030,519	$4M	held	—	13 q
unresolvedLyell Immunopharma Inc	0.00%	732,636	$1M	trimmed−4%	0.00 pp	10 q
MTLSMaterialise NV	0.00%	139,495	$765,828	trimmed−37%	0.00 pp	8 q
MDBMongoDB, Inc. Class A	0.00%	5,952	$2M	held	—	12 q
NEMNewmont Corporation	0.00%	43,870	$2M	held	—	14 q
NKENike, Inc.	0.00%	55,301	$5M	trimmed−7%	−0.01 pp	12 q
NOVTNovanta Inc.	0.00%	7,845	$1M	held	—	10 q
unresolvedNucana Plc ADR	0.00%	3,659,030	$2M	held	—	25 q
OSCROscar Health, Inc.	0.00%	822,088	$5M	trimmed−25%	−0.01 pp	11 q
42OPhysicians Realty Trust	0.00%	39,428	$480,627	added+21%	0.00 pp	4 q
RLAYRelay Therapeutics, Inc.	0.00%	394,450	$3M	trimmed−4%	0.00 pp	13 q
RIORio Tinto plc	0.00%	231	$14,701	added+70%	0.00 pp	6 q
SG7Sage Therapeutics Inc	0.00%	88,507	$2M	trimmed−6%	0.00 pp	17 q
SCLXScilex Holding Company	0.00%	523	$732	held	—	3 q
TSLXSixth Street Specialty Lending, Inc.	0.00%	133,630	$3M	added+68%	0.00 pp	9 q
SPIRSpire Global, Inc.	0.00%	108,255	$529,367	trimmed0%	0.00 pp	9 q
TNDMTandem Diabetes Care, Inc.	0.00%	262,756	$5M	held	—	21 q
VRNSVaronis Systems, Inc.	0.00%	26,782	$817,922	held	—	12 q
WECWEC Energy Group, Inc.	0.00%	14,027	$1M	held	—	30 q
WPMWheaton Precious Metals Corp.	0.00%	37,776	$2M	held	—	17 q
XNCRXencor, Inc.	0.00%	31,318	$631,058	held	—	12 q
CRHCRH Public Limited Company	0.00%	365	$19,977	new	0.00 pp	new
LILMFLilium N.v. Ord A	0.00%	15,359	$10,956	held	—	9 q
HHCThe Howard Hughes Corporation	—	−2,605,155	—	exited	−0.17 pp	—
FUTUFutu Holdings Limited	—	−1,113,861	—	exited	−0.04 pp	—
290AChinook Therapeutics Inc	—	−463,945	—	exited	−0.02 pp	—
unresolvedCooper Cos Inc/The	—	−27,692	—	exited	−0.01 pp	—
FRFirst Industrial Realty Trust, Inc.	—	−227,468	—	exited	−0.01 pp	—
TRHCTabula Rasa HealthCare, Inc.	—	−831,278	—	exited	−0.01 pp	—
XPXP Inc. Class A	—	−407,875	—	exited	−0.01 pp	—
TORCAdicet Bio, Inc.	—	−181,626	—	exited	0.00 pp	—
BLIBerkeley Lights, Inc.	—	−603,544	—	exited	0.00 pp	—
unresolvedCrh PLC	—	−211	—	exited	0.00 pp	—
CVNACarvana Co.	—	−727	—	exited	0.00 pp	—
CEVACEVA Inc.	—	−14,247	—	exited	0.00 pp	—
EHEHang Holdings Limited	—	−3,436	—	exited	0.00 pp	—
OPENOpendoor Technologies Inc	—	−8,699	—	exited	0.00 pp	—
OZONOzon Holdings PLC	—	−2,661,059	—	exited	0.00 pp	—
unresolvedPrecision BioSciences Inc	—	−60,740	—	exited	0.00 pp	—
PTRAQProterra Inc	—	−12,406	—	exited	0.00 pp	—