Baillie Gifford

Q1 2024 13F

As of: Mar 31, 2024
Filed: May 1, 2024
US stock: $128.6B · prev $126.2B
Positions: 290 · prev 288
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%

Moves288 since the prior filing

+3.2 pp in · −3.3 pp out

New 15 +0.63 pp
Added 57 +2.61 pp
Trimmed 203 −2.50 pp
Exited 13 −0.82 pp

The book

Diversified · behaves like 40 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Low turnover · 12% a year, about 8.2 years per position

Low
Moderate
High

Top 5 positions27% of US stock

Positions290 in this filing · 13 exited


NVDANvidia Corp	7.24%	10,301,549	$9.3B	trimmed−25%	+1.84 pp	33 q
MELIMercado Libre, Inc	5.92%	5,036,761	$7.6B	trimmed−6%	−0.78 pp	44 q
AMZNAmazon.Com Inc	5.49%	39,160,501	$7.1B	trimmed−4%	+0.59 pp	44 q
SPOTSpotify Technology S.A.	4.41%	21,462,079	$5.7B	trimmed−9%	+0.89 pp	24 q
MRNAModerna, Inc.	3.70%	44,655,817	$4.8B	trimmed−2%	+0.10 pp	22 q
SHOPShopify Inc. Class A subordinate voting shares	3.68%	61,387,343	$4.7B	trimmed−4%	−0.28 pp	27 q
PDDPDD Holdings Inc.	3.14%	34,780,280	$4.0B	trimmed−8%	−1.26 pp	23 q
TTDThe Trade Desk, Inc.	2.62%	38,515,441	$3.4B	trimmed−6%	+0.28 pp	23 q
TSLATesla, Inc.	2.44%	17,835,922	$3.1B	trimmed−5%	−1.24 pp	44 q
CPNGCoupang, Inc.	2.33%	168,600,998	$3.0B	added+16%	+0.46 pp	13 q
METAMeta Platforms, Inc. Class A	2.30%	6,101,501	$3.0B	added+14%	+0.80 pp	44 q
NETCloudflare, Inc. Class A, par value $0.001 per share	2.27%	30,147,274	$2.9B	trimmed−3%	+0.23 pp	16 q
NFLXNetFlix Inc	2.20%	4,655,313	$2.8B	trimmed−4%	+0.33 pp	37 q
RACEFerrari N.V.	2.08%	6,114,165	$2.7B	trimmed−10%	+0.27 pp	33 q
DXCMDexCom, Inc.	1.69%	15,688,396	$2.2B	trimmed−5%	+0.07 pp	44 q
MSFTMicrosoft Corp	1.59%	4,856,895	$2.0B	trimmed−6%	+0.06 pp	44 q
NUNu Holdings Ltd.	1.57%	169,450,124	$2.0B	added+48%	+0.81 pp	10 q
SESea Limited	1.43%	34,119,448	$1.8B	trimmed−0%	+0.33 pp	26 q
WDAYWorkday, Inc. Class A	1.42%	6,678,411	$1.8B	trimmed−4%	−0.11 pp	44 q
DASHDoorDash, Inc. Class A	1.33%	12,403,247	$1.7B	trimmed−3%	+0.33 pp	14 q
TEAMAtlassian Corporation Class A	1.29%	8,504,002	$1.7B	trimmed−3%	−0.37 pp	7 q
AMDAdvanced Micro Devices	1.24%	8,857,020	$1.6B	trimmed−13%	+0.05 pp	14 q
ISRGIntuitive Surgical Inc.	1.20%	3,878,506	$1.5B	trimmed−5%	+0.11 pp	44 q
ELVElevance Health, Inc.	1.18%	2,914,855	$1.5B	trimmed−6%	+0.03 pp	38 q
MLMMartin Marietta Materials	1.09%	2,274,528	$1.4B	trimmed−14%	+0.05 pp	44 q
RYAAYRyanair Holdings plc	1.00%	8,794,319	$1.3B	trimmed−6%	+0.01 pp	34 q
MCOMoody's Corporation	0.98%	3,215,872	$1.3B	trimmed−12%	−0.15 pp	44 q
DDOGDatadog, Inc. Class A	0.93%	9,623,799	$1.2B	trimmed−3%	−0.02 pp	15 q
RBLXRoblox Corporation	0.85%	28,607,151	$1.1B	added+3%	−0.16 pp	9 q
MAMastercard Incorporated	0.82%	2,184,244	$1.1B	trimmed−6%	+0.04 pp	44 q
WIXWIX.com Ltd.	0.81%	7,548,367	$1.0B	trimmed−3%	+0.05 pp	34 q
ESTCElastic N.V.	0.79%	10,156,726	$1.0B	added+31%	+0.10 pp	7 q
ALNYAlnylam Pharmaceuticals, Inc.	0.77%	6,623,577	$990M	trimmed−5%	−0.29 pp	44 q
SCIService Corporation International	0.77%	13,253,726	$984M	trimmed−6%	+0.01 pp	23 q
CSGPCoStar Group Inc	0.70%	9,253,753	$894M	trimmed−3%	+0.04 pp	31 q
IOTSamsara Inc.	0.68%	23,225,238	$878M	added+4%	+0.09 pp	5 q
TSMTaiwan Semiconductor Manufacturing Company Ltd.	0.67%	6,361,881	$866M	trimmed−6%	+0.11 pp	33 q
GOOGAlphabet Inc. Class C	0.66%	5,574,470	$849M	trimmed−22%	−0.14 pp	40 q
DUOLDuolingo, Inc. Class A	0.61%	3,537,468	$780M	trimmed−2%	−0.04 pp	11 q
ILMNIllumina Inc	0.61%	5,736,418	$788M	added+9%	+0.03 pp	44 q
BNTXBioNTech SE	0.60%	8,358,939	$771M	trimmed−4%	−0.13 pp	13 q
ADIAnalog Devices, Inc.	0.55%	3,584,944	$709M	trimmed−6%	−0.05 pp	44 q
AFRMAffirm Holdings, Inc. Class A	0.54%	18,732,407	$698M	added+4%	−0.16 pp	13 q
AJGArthur J. Gallagher & Co.	0.50%	2,554,031	$639M	trimmed−6%	+0.02 pp	26 q
PBRPetroleo Brasileiro S.a.-petrobras	0.50%	42,066,315	$640M	trimmed−10%	−0.09 pp	30 q
HDBHDFC Bank Limited	0.49%	11,269,525	$631M	added+17%	−0.02 pp	37 q
WSOWatsco, Inc.	0.49%	1,458,370	$630M	trimmed−1%	−0.01 pp	44 q
XYZBlock, Inc.	0.46%	6,921,254	$585M	added+17%	+0.10 pp	7 q
ONCBeOne Medicines Ltd.	0.45%	3,728,730	$583M	trimmed−4%	−0.10 pp	33 q
WMSAdvanced Drainage Systems, Inc.	0.43%	3,179,214	$548M	trimmed−6%	+0.05 pp	6 q
FMXFomento Economico Mexicano, S.a.b. De C.v.	0.42%	4,183,454	$545M	added+9%	+0.02 pp	4 q
MBLYMobileye Global Inc. Class A	0.40%	15,985,212	$514M	added+90%	+0.11 pp	6 q
TXNTexas Instruments Incorporated	0.40%	2,977,032	$519M	added+66%	+0.16 pp	8 q
RPRXRoyalty Pharma plc Class A	0.39%	16,662,792	$506M	trimmed−5%	0.00 pp	9 q
SNOWSnowflake Inc.	0.38%	3,057,049	$494M	trimmed−28%	−0.29 pp	15 q
ENPHEnphase Energy, Inc.	0.37%	3,980,651	$482M	trimmed−2%	−0.06 pp	11 q
TERTeradyne, Inc.	0.37%	4,249,426	$479M	trimmed−6%	−0.02 pp	44 q
CBRECbre Group, Inc.	0.35%	4,666,472	$454M	trimmed−6%	−0.02 pp	16 q
SPGIS&P Global Inc.	0.34%	1,025,641	$436M	trimmed−22%	−0.12 pp	16 q
SYMSymbotic Inc. Class A	0.33%	9,483,371	$427M	new	+0.33 pp	new
MKLMarkel Group Inc.	0.32%	272,713	$415M	trimmed−6%	−0.01 pp	44 q
ETNEaton Corporation, plc	0.32%	1,332,013	$416M	trimmed−27%	−0.03 pp	6 q
CXCemex S.A.B. de C.V.	0.31%	44,861,879	$404M	trimmed−7%	+0.01 pp	44 q
ENTGEntegris Inc	0.30%	2,726,182	$383M	trimmed−27%	−0.06 pp	6 q
WWayfair Inc.	0.30%	5,713,757	$388M	trimmed−23%	−0.06 pp	35 q
CPACopa Holdings, S.A.	0.30%	3,657,422	$381M	trimmed−4%	−0.02 pp	44 q
DEDeere & Company	0.29%	920,751	$378M	trimmed−5%	−0.02 pp	17 q
TMOThermo Fisher Scientific, Inc.	0.29%	631,249	$367M	trimmed−6%	+0.01 pp	26 q
XYLXylem Inc	0.29%	2,914,062	$377M	trimmed−5%	+0.01 pp	29 q
SITESiteOne Landscape Supply, Inc.	0.27%	1,994,273	$348M	trimmed−6%	0.00 pp	28 q
YETIYETI Holdings, Inc.	0.27%	8,998,166	$347M	trimmed−4%	−0.12 pp	4 q
FIXComfort Systems USA, Inc.	0.26%	1,059,994	$337M	trimmed−8%	+0.07 pp	3 q
COURCoursera, Inc.	0.26%	23,534,246	$330M	trimmed−3%	−0.11 pp	13 q
ALBAlbemarle Corporation	0.25%	2,472,155	$326M	added+5%	−0.02 pp	29 q
ADSKAutodesk Inc	0.25%	1,255,719	$327M	trimmed−5%	−0.01 pp	6 q
CHWYChewy, Inc.	0.25%	19,819,195	$315M	added+7%	−0.10 pp	20 q
INSPInspire Medical Systems, Inc.	0.25%	1,467,613	$315M	added+19%	+0.05 pp	14 q
PINSPinterest, Inc. Class A	0.25%	9,235,741	$320M	trimmed−1%	−0.02 pp	14 q
MTDMettler-Toledo International	0.23%	218,100	$290M	trimmed−29%	−0.07 pp	44 q
SGSweetgreen, Inc.	0.23%	11,604,596	$293M	added0%	+0.13 pp	7 q
TMETencent Music Entertainment Group	0.23%	26,323,570	$295M	trimmed−2%	+0.04 pp	22 q
DNLIDenali Therapeutics Inc.	0.22%	14,041,228	$288M	trimmed−2%	−0.02 pp	26 q
FNDFloor & Decor Holdings, Inc.	0.22%	2,210,219	$286M	trimmed−6%	+0.01 pp	6 q
RIVNRivian Automotive, Inc. Class A	0.22%	25,301,005	$277M	added×8.1	+0.16 pp	10 q
TXG10x Genomics, Inc. Class A	0.22%	7,424,766	$279M	trimmed−6%	−0.13 pp	17 q
JOBYJoby Aviation, Inc.	0.22%	53,957,841	$289M	trimmed−4%	−0.08 pp	11 q
BIDUBaidu, Inc.	0.21%	2,573,286	$271M	trimmed−2%	−0.04 pp	44 q
ECLEcolab, Inc.	0.21%	1,166,743	$269M	trimmed−5%	+0.02 pp	29 q
DNAGinkgo Bioworks Holdings, Inc.	0.21%	232,999,673	$270M	trimmed−1%	−0.11 pp	11 q
ODDODDITY Tech Ltd. Class A	0.21%	6,312,730	$274M	added+15%	+0.01 pp	3 q
PODDInsulet Corporation	0.19%	1,442,279	$247M	added+19%	−0.02 pp	2 q
RXRXRecursion Pharmaceuticals, Inc. Class A	0.19%	24,067,804	$240M	trimmed−0%	0.00 pp	12 q
SPTSprout Social, Inc Class A	0.19%	4,069,498	$243M	trimmed−1%	−0.01 pp	14 q
POOLPool Corporation	0.18%	557,895	$225M	trimmed−8%	−0.01 pp	14 q
BAPCredicorp LTD	0.18%	1,338,256	$227M	trimmed−5%	+0.01 pp	44 q
RELYRemitly Global, Inc.	0.17%	10,586,709	$220M	trimmed−5%	0.00 pp	6 q
ADBEAdobe Inc.	0.16%	415,701	$210M	trimmed−6%	−0.05 pp	9 q
FASTFastenal Co	0.16%	2,652,839	$205M	trimmed−2%	+0.02 pp	43 q
ROKURoku, Inc. Class A	0.16%	3,068,814	$200M	trimmed−0%	−0.06 pp	21 q
HCPHashiCorp, Inc. Class A	0.14%	6,621,405	$178M	trimmed−2%	+0.01 pp	10 q
NEOGNeogen Corp	0.14%	11,789,521	$186M	added+42%	+0.01 pp	2 q
CPCanadian Pacific Kansas City Limited	0.13%	1,837,421	$162M	trimmed−1%	+0.01 pp	4 q
DOCSDoximity, Inc.	0.13%	6,216,319	$167M	trimmed−1%	−0.01 pp	7 q
CERTCertara, Inc.	0.12%	8,537,544	$153M	trimmed−4%	0.00 pp	13 q
IBNICICI Bank Limited	0.12%	5,950,054	$157M	trimmed−4%	0.00 pp	44 q
STAAStaar Surgical Co	0.12%	4,114,900	$158M	trimmed−7%	+0.01 pp	30 q
MMYTMakeMyTrip Limited	0.12%	2,192,726	$156M	trimmed−4%	+0.03 pp	29 q
GOOGLAlphabet Inc. Class A	0.11%	969,831	$146M	trimmed−14%	−0.01 pp	35 q
KSPIJoint Stock Company Kaspi.kz American Depository Shares	0.11%	1,147,213	$148M	new	+0.11 pp	new
PENPenumbra, Inc.	0.11%	634,319	$142M	trimmed−2%	−0.02 pp	27 q
PGProcter & Gamble Company	0.11%	865,419	$140M	trimmed−2%	+0.01 pp	36 q
BCBrunswick Corporation	0.10%	1,293,415	$125M	new	+0.10 pp	new
GHGuardant Health, Inc.	0.10%	6,232,104	$129M	added+1%	−0.03 pp	2 q
SEDGSolarEdge Technologies, Inc.	0.10%	1,733,660	$123M	added0%	−0.03 pp	14 q
AAPLApple Inc.	0.09%	643,662	$110M	trimmed−2%	−0.01 pp	44 q
AURAurora Innovation, Inc. Class A	0.09%	40,596,568	$114M	added+21%	−0.03 pp	10 q
EXKExact Sciences Corp	0.09%	1,701,988	$118M	trimmed−55%	−0.13 pp	27 q
YMMFull Truck Alliance Co. Ltd.	0.09%	15,459,756	$112M	trimmed−1%	0.00 pp	12 q
PEPPepsiCo, Inc.	0.09%	656,898	$115M	trimmed−1%	0.00 pp	44 q
PBR.APetroleo Brasileiro S.A.-Petrobras	0.09%	7,362,770	$110M	trimmed−13%	−0.01 pp	24 q
ABCLAbCellera Biologics Inc.	0.08%	23,180,089	$105M	trimmed−4%	−0.03 pp	13 q
AVAVAeroVironment, Inc.	0.08%	649,714	$100M	trimmed−2%	+0.01 pp	44 q
AXONAxon Enterprise, Inc.	0.08%	314,737	$98M	trimmed−4%	+0.01 pp	22 q
BBDBanco Bradesco S.A.	0.08%	34,154,761	$98M	trimmed−33%	−0.06 pp	30 q
SANASana Biotechnology, Inc.	0.08%	10,656,279	$107M	added+5%	+0.05 pp	13 q
FNFabrinet	0.08%	522,629	$99M	trimmed−7%	−0.01 pp	3 q
INTUIntuit Inc	0.07%	132,150	$86M	trimmed−1%	0.00 pp	10 q
MKTXMarketAxess Holdings Inc.	0.07%	417,060	$91M	trimmed−18%	−0.05 pp	44 q
NIONIO Inc.	0.07%	18,904,985	$85M	trimmed−84%	−0.75 pp	23 q
UPSUnited Parcel Service, Inc. Class B	0.07%	647,611	$96M	trimmed−10%	−0.02 pp	44 q
LMNDLemonade, Inc.	0.06%	4,468,984	$73M	trimmed−2%	0.00 pp	15 q
SWAVShockwave Medical, Inc.	0.06%	228,064	$74M	trimmed−7%	+0.02 pp	19 q
SBUXStarbucks Corp	0.06%	888,189	$81M	trimmed−2%	−0.01 pp	11 q
WRBYWarby Parker Inc.	0.06%	6,075,990	$83M	trimmed−6%	−0.01 pp	11 q
ZZillow Group, Inc. Class C	0.06%	1,616,402	$79M	trimmed−13%	−0.03 pp	35 q
MNDYmonday.com Ltd.	0.06%	338,841	$77M	new	+0.06 pp	new
APPNAppian Corporation Class A	0.05%	1,756,419	$70M	added+6%	0.00 pp	21 q
ITUBItau Unibanco Holding S.A.	0.05%	9,225,765	$64M	trimmed−39%	−0.03 pp	44 q
SDGRSchrodinger, Inc.	0.05%	2,612,007	$71M	added0%	−0.02 pp	14 q
FROGJFrog Ltd.	0.05%	1,456,822	$64M	trimmed−6%	+0.01 pp	13 q
CSCOCisco Systems, Inc. (DE)	0.04%	1,063,478	$53M	trimmed−0%	0.00 pp	16 q
KOCoca-Cola Company	0.04%	806,495	$49M	added+6%	0.00 pp	41 q
CGNXCognex Corp	0.04%	1,164,342	$49M	trimmed−3%	0.00 pp	6 q
INFYInfosys Limited	0.04%	2,842,115	$51M	trimmed−11%	−0.01 pp	41 q
JMIAJumia Technologies AG	0.04%	9,135,908	$47M	trimmed−2%	+0.01 pp	20 q
RAMPLiveRamp Holdings, Inc.	0.04%	1,632,833	$56M	trimmed−0%	−0.01 pp	18 q
LULufax Holding Ltd.	0.04%	12,089,786	$51M	added+99%	+0.03 pp	2 q
UPWKUpwork Inc.	0.04%	4,448,609	$55M	trimmed−4%	−0.01 pp	20 q
AMSCAmerican Superconductor Corp	0.03%	2,526,550	$34M	added+21%	+0.01 pp	15 q
AMTAmerican Tower Corporation	0.03%	205,119	$41M	added+4%	0.00 pp	11 q
BLBlackLine, Inc.	0.03%	608,465	$39M	trimmed−8%	0.00 pp	25 q
DLBDolby Laboratories, Inc.Class A	0.03%	462,473	$39M	trimmed−3%	0.00 pp	44 q
EWEdwards Lifesciences Corp	0.03%	396,553	$38M	trimmed−2%	+0.01 pp	22 q
ESEversource Energy	0.03%	659,420	$39M	trimmed−1%	0.00 pp	33 q
HDHome Depot, Inc.	0.03%	104,929	$40M	added+67%	+0.01 pp	3 q
MPMP Materials Corp.	0.03%	2,743,455	$39M	trimmed−7%	−0.02 pp	10 q
MCDMcDonald's Corporation	0.03%	116,102	$33M	trimmed−2%	0.00 pp	44 q
NYTNew York Times Co.	0.03%	823,139	$36M	trimmed−5%	0.00 pp	5 q
NEENextEra Energy, Inc.	0.03%	542,915	$35M	trimmed−14%	0.00 pp	16 q
TROWT Rowe Price Group Inc	0.03%	362,011	$44M	trimmed−2%	0.00 pp	17 q
PGNYProgyny, Inc.	0.03%	1,110,107	$42M	trimmed−2%	0.00 pp	14 q
PLDPrologis, Inc.	0.03%	343,467	$45M	trimmed−2%	−0.01 pp	13 q
TWSTTwist Bioscience Corporation	0.03%	1,227,528	$42M	added+12%	0.00 pp	7 q
UNHUNITEDHEALTH GROUP INCORPORATED (Delaware)	0.03%	72,956	$36M	trimmed−5%	0.00 pp	11 q
VIRVir Biotechnology, Inc.	0.03%	3,947,065	$40M	trimmed−0%	0.00 pp	18 q
ZMZoom Communications, Inc. Class A	0.03%	506,036	$33M	trimmed−51%	−0.03 pp	20 q
ZUOZuora, Inc.	0.03%	4,201,954	$38M	trimmed−5%	0.00 pp	21 q
MDTMedtronic plc	0.03%	472,655	$41M	trimmed−1%	0.00 pp	14 q
CYBRCyberark Software LTD/ISRAEL	0.03%	139,481	$37M	trimmed−3%	+0.01 pp	17 q
ADAPYAdaptimmune Theraptcs	0.02%	15,871,875	$25M	trimmed−0%	+0.01 pp	33 q
ARCCAres Capital Corporation	0.02%	1,183,649	$25M	added+18%	0.00 pp	16 q
BEAMBeam Therapeutics Inc.	0.02%	752,394	$25M	trimmed−2%	0.00 pp	14 q
CHGGChegg, Inc.	0.02%	2,579,090	$20M	trimmed−45%	−0.02 pp	26 q
YOUClear Secure, Inc.	0.02%	1,000,000	$21M	held	—	12 q
96669EURDmrc LLC	0.02%	720,827	$20M	trimmed−0%	0.00 pp	35 q
EXAIExscientia Plc	0.02%	4,574,405	$26M	trimmed−2%	0.00 pp	10 q
HSYThe Hershey Company	0.02%	144,003	$28M	added+56%	+0.01 pp	8 q
IPGPIPG Photonics Corporation	0.02%	326,135	$30M	trimmed−0%	−0.01 pp	44 q
BEKEKE Holdings Inc.	0.02%	1,463,628	$20M	trimmed−6%	0.00 pp	15 q
MSAMine Safety Incorporated	0.02%	130,082	$25M	added+67%	+0.01 pp	2 q
PCRXPacira BioSciences, Inc.	0.02%	1,000,774	$29M	trimmed−6%	−0.01 pp	35 q
REXRRexford Industrial Realty, Inc.	0.02%	597,055	$30M	trimmed−6%	−0.01 pp	13 q
TMDXTransMedics Group, Inc.	0.02%	303,162	$22M	trimmed−2%	0.00 pp	13 q
VECOVeeco Instruments Inc	0.02%	695,446	$24M	trimmed−6%	0.00 pp	34 q
WABWabtec Inc.	0.02%	181,975	$27M	trimmed−6%	0.00 pp	5 q
AMBAAmbarella, Inc.	0.02%	502,879	$26M	trimmed−3%	−0.01 pp	29 q
BURBurford Capital Limited	0.02%	1,327,511	$21M	added×2.1	+0.01 pp	12 q
DLODLocal Limited Class A	0.02%	1,546,091	$23M	added+56%	+0.01 pp	12 q
NVCRNovoCure Limited	0.02%	1,990,375	$31M	trimmed−59%	−0.04 pp	26 q
CRSPCRISPR Therapeutics AG	0.02%	395,915	$27M	trimmed−6%	0.00 pp	7 q
AEHRAehr Test Systems	0.01%	828,626	$10M	added+25%	0.00 pp	3 q
Albemarle Corpconvertible	0.01%	120,000	$7M	new	+0.01 pp	new
ASNDAscendis Pharma A/S	0.01%	81,206	$12M	trimmed−1%	0.00 pp	14 q
AZOAutoZone, Inc.	0.01%	4,270	$13M	trimmed−3%	0.00 pp	8 q
BKNGBooking Holdings Inc.	0.01%	3,849	$14M	trimmed−4%	0.00 pp	16 q
BNBrookfield Corporation	0.01%	404,949	$17M	added+67%	0.00 pp	4 q
9213421DBrookfield Renewable Cor-a	0.01%	778,630	$19M	added+21%	0.00 pp	15 q
CDLXCardlytics, Inc.	0.01%	939,094	$14M	trimmed−1%	0.00 pp	13 q
CSLCarlisle Companies, Inc.	0.01%	44,095	$17M	new	+0.01 pp	new
KMXCarMax Inc.	0.01%	137,939	$12M	trimmed−3%	0.00 pp	8 q
CRLCharles River Laboratories International, Inc.	0.01%	67,534	$18M	trimmed−4%	0.00 pp	8 q
CDXSCodexis, Inc.	0.01%	3,445,309	$12M	added+1%	0.00 pp	37 q
CCUCompania Cervecerias Unidas S.A.	0.01%	760,470	$9M	added×2.2	+0.01 pp	5 q
CFLTConfluent, Inc. Class A	0.01%	443,675	$14M	new	+0.01 pp	new
DCBODocebo Inc.	0.01%	222,269	$11M	trimmed−4%	0.00 pp	13 q
EVEREverQuote, Inc. Class A	0.01%	776,251	$14M	trimmed−13%	0.00 pp	18 q
FCNFTI Consulting, Inc.	0.01%	31,692	$7M	trimmed−1%	0.00 pp	8 q
FTSFortis Inc.	0.01%	317,959	$13M	trimmed−22%	0.00 pp	16 q
FTVFortive Corporation	0.01%	76,049	$7M	trimmed−5%	+0.01 pp	31 q
GGGGraco Inc	0.01%	135,794	$13M	trimmed−5%	0.00 pp	2 q
IBPInstalled Building Products, Inc.	0.01%	48,993	$13M	added×3.0	+0.01 pp	2 q
IONSIonis Pharmaceuticals, Inc.	0.01%	295,683	$13M	trimmed−1%	0.00 pp	34 q
ELThe Estee Lauder Companies Inc. Class A	0.01%	111,159	$17M	trimmed−93%	−0.19 pp	34 q
MDBMongoDB, Inc. Class A	0.01%	26,477	$9M	trimmed−4%	0.00 pp	14 q
NBTXNanobiotix S.A.	0.01%	2,869,030	$18M	held	—	14 q
NKENike, Inc.	0.01%	164,804	$15M	added+64%	0.00 pp	14 q
OSCROscar Health, Inc.	0.01%	822,088	$12M	held	—	13 q
PYPLPayPal Holdings, Inc.	0.01%	168,480	$11M	trimmed−4%	0.00 pp	3 q
PGRProgressive Corporation	0.01%	77,056	$16M	trimmed−5%	0.00 pp	8 q
QTRXQuanterix Corporation	0.01%	623,355	$15M	trimmed−1%	0.00 pp	13 q
QSQuantumScape Corporation Class A	0.01%	2,679,518	$17M	added+10%	0.00 pp	14 q
RMDResMed Inc.	0.01%	59,632	$12M	trimmed−1%	0.00 pp	31 q
SKYTSkyWater Technology	0.01%	964,800	$10M	held	—	2 q
SUISun Communities, Inc	0.01%	112,033	$14M	added+16%	0.00 pp	2 q
unresolvedSutro Biopharma	0.01%	1,846,906	$10M	trimmed−1%	0.00 pp	16 q
TJXTJX Companies, Inc. (The)	0.01%	126,549	$13M	trimmed−5%	0.00 pp	44 q
TNDMTandem Diabetes Care, Inc.	0.01%	259,697	$9M	trimmed−1%	0.00 pp	23 q
TRUPTrupanion, Inc.	0.01%	696,250	$19M	trimmed−0%	−0.01 pp	31 q
VEEVVeeva Systems Inc.	0.01%	57,235	$13M	added+6%	0.00 pp	14 q
VVISA Inc.	0.01%	36,646	$10M	trimmed−5%	0.00 pp	44 q
WECWEC Energy Group, Inc.	0.01%	165,514	$14M	trimmed−20%	0.00 pp	32 q
WATWaters Corp	0.01%	50,634	$17M	trimmed−8%	0.00 pp	44 q
FVRRFiverr International Ltd.	0.01%	666,753	$14M	trimmed−19%	−0.01 pp	13 q
SSYSStratasys Inc (ISRAEL)	0.01%	705,671	$8M	trimmed−0%	0.00 pp	44 q
unresolvedAkili Inc	0.00%	4,665,795	$1M	held	—	7 q
ALECAlector, Inc.	0.00%	322,829	$2M	trimmed−7%	0.00 pp	21 q
BABAAlibaba Group Holding Limited	0.00%	97	$7,019	added+3%	0.00 pp	39 q
BIRDSmartbird, Inc. Class A	0.00%	532,500	$369,608	held	—	10 q
unresolvedAmerican Well Corp Class A	0.00%	74,106	$60,078	trimmed−28%	0.00 pp	15 q
BUDAnheuser-Busch INBEV SA/NV	0.00%	99	$6,017	trimmed−2%	0.00 pp	2 q
BCEBCE, Inc.	0.00%	31,257	$1M	held	—	4 q
BANDBandwidth Inc. Class A	0.00%	21,623	$394,836	trimmed−27%	0.00 pp	14 q
LAWCS Disco, Inc.	0.00%	8,148	$66,243	trimmed−78%	0.00 pp	11 q
CALXCalix, Inc.	0.00%	9,485	$314,523	trimmed−26%	0.00 pp	9 q
GOOSCanada Goose Holdings Inc.	0.00%	119,221	$1M	held	—	3 q
CARGCarGurus, Inc. Class A	0.00%	23,209	$535,664	trimmed−26%	0.00 pp	14 q
CLLSCellectis S.A.	0.00%	827,248	$2M	added+1%	0.00 pp	12 q
CNPCenterPoint Energy, Inc.	0.00%	66,416	$2M	new	0.00 pp	new
COINCoinbase Global, Inc. Class A	0.00%	10,482	$3M	trimmed−3%	0.00 pp	8 q
EDConsolidated Edison, Inc.	0.00%	11,628	$1M	held	—	32 q
DLRDigital Realty Trust, Inc.	0.00%	6,109	$879,940	added+27%	0.00 pp	10 q
EOGEOG Resources, Inc.	0.00%	44,208	$6M	trimmed−1%	0.00 pp	4 q
VMRKVivmark Residential	0.00%	17,469	$1M	added+32%	0.00 pp	4 q
EXCExelon Corporation	0.00%	95,638	$4M	held	—	32 q
EXFYExpensify, Inc. Class A	0.00%	1,087,013	$2M	trimmed−1%	0.00 pp	10 q
FLNCFluence Energy, Inc. Class A	0.00%	2,199	$38,131	new	0.00 pp	new
FRPTFreshpet, Inc.	0.00%	49,669	$6M	trimmed−8%	0.00 pp	12 q
GMABGenmab A/S	0.00%	48	$1,436	trimmed−4%	0.00 pp	2 q
GTLBGitLab Inc. Class A	0.00%	93,364	$5M	trimmed−1%	0.00 pp	8 q
GMEDGlobus Medical Inc	0.00%	91,066	$5M	trimmed−1%	0.00 pp	8 q
GBDCGolub Capital BDC, Inc.	0.00%	307,486	$5M	added+37%	0.00 pp	11 q
HCATHealth Catalyst, Inc	0.00%	536,768	$4M	trimmed−0%	0.00 pp	19 q
HRHealthcare Realty Trust Incorporated	0.00%	34,659	$490,425	added+13%	0.00 pp	6 q
DOCHealthpeak Properties, Inc.	0.00%	35,086	$657,863	new	0.00 pp	new
HHHHoward Hughes Holdings Inc.	0.00%	3,215	$233,474	trimmed−100%	−0.17 pp	3 q
HUBBHubbell Incorporated	0.00%	188	$78,029	added+86%	0.00 pp	2 q
LILi Auto Inc.	0.00%	40	$1,211	trimmed−40%	0.00 pp	2 q
unresolvedLyell Immunopharma Inc	0.00%	656,157	$1M	trimmed−5%	0.00 pp	12 q
MTLSMaterialise NV	0.00%	83,119	$438,868	held	—	10 q
NOVTNovanta Inc.	0.00%	5,445	$951,623	trimmed−30%	0.00 pp	12 q
NVONovo-Nordisk A/S	0.00%	26	$3,338	new	0.00 pp	new
PUKPrudential PLC	0.00%	49	$944	trimmed−50%	0.00 pp	2 q
RDFNRedfin Corporation	0.00%	15,931	$105,942	trimmed−27%	0.00 pp	27 q
RLAYRelay Therapeutics, Inc.	0.00%	353,226	$3M	trimmed−5%	0.00 pp	15 q
RIORio Tinto plc	0.00%	278	$17,720	added+20%	0.00 pp	8 q
RXSTRxSight, Inc.	0.00%	66,482	$3M	new	0.00 pp	new
SG7Sage Therapeutics Inc	0.00%	80,816	$2M	trimmed−5%	0.00 pp	19 q
SCHWThe Charles Schwab Corporation	0.00%	9,074	$656,413	trimmed−100%	−0.38 pp	10 q
SCLXScilex Holding Company	0.00%	523	$832	held	—	5 q
TSLXSixth Street Specialty Lending, Inc.	0.00%	225,420	$5M	added+42%	0.00 pp	11 q
SOThe Southern Company	0.00%	17,500	$1M	new	0.00 pp	new
SPIRSpire Global, Inc.	0.00%	108,255	$1M	held	—	11 q
unresolvedUnilever Spn.Adr 1:1	0.00%	306	$15,358	new	0.00 pp	new
VRNSVaronis Systems, Inc.	0.00%	19,176	$904,532	trimmed−28%	0.00 pp	14 q
WDSWoodside Energy Group Limited	0.00%	33	$659	held	—	2 q
XNCRXencor, Inc.	0.00%	22,786	$504,254	trimmed−27%	0.00 pp	14 q
ZGZillow Group Inc Class A	0.00%	124,538	$6M	trimmed−39%	−0.01 pp	37 q
CRHCRH Public Limited Company	0.00%	387	$33,383	trimmed−14%	0.00 pp	3 q
NYAXNayax Ltd.	0.00%	49,470	$1M	new	0.00 pp	new
LILMFLilium N.v. Ord A	0.00%	16,183	$15,536	held	—	11 q
BRBroadridge Financial Solutions Inc	—	−2,803,441	—	exited	−0.46 pp	—
TWLOTwilio Inc.	—	−3,863,887	—	exited	−0.23 pp	—
WNSNWns Holdings Ltd-adr	—	−979,373	—	exited	−0.05 pp	—
TDOCTeladoc Health, Inc.	—	−1,589,851	—	exited	−0.03 pp	—
D0ADada Nexus Ltd-adr	—	−7,470,392	—	exited	−0.02 pp	—
HUYAHUYA Inc.	—	−1,765,711	—	exited	−0.01 pp	—
IRBTiRobot Corporation	—	−189,026	—	exited	−0.01 pp	—
MASIMasimo Corporation	—	−86,188	—	exited	−0.01 pp	—
AEEAmeren Corporation	—	−13,935	—	exited	0.00 pp	—
unresolvedChargePoint Holdings Inc	—	−9,534	—	exited	0.00 pp	—
HCMHUTCHMED (China) Limited	—	−144,969	—	exited	0.00 pp	—
unresolvedNucana Plc ADR	—	−3,659,030	—	exited	0.00 pp	—
42OPhysicians Realty Trust	—	−44,143	—	exited	0.00 pp	—