BAILLIE GIFFORD & CO

PrivateCIK: 1088875

Location

EDINBURGH, X0

273

Positions

$97.89B

Total AUM (reported)

1.58B

Total Shares

Allocation by class

COM$49.78B50.9%

CL A$13.73B14.0%

COM CL A$6.84B7.0%

SHS$5.05B5.2%

ADR$3.85B3.9%

CL A COM$3.79B3.9%

ORD SHS CL A$3.71B3.8%

Portfolio Concentration

Top 3$18.55B18.9%

4–10$23.10B23.6%

11–25$20.96B21.4%

Rest$35.28B36.0%

Top 3 weight

18.9%

Top 10 weight

42.5%

Voting Authority Distribution

Total shares with voting rights: 1.58B

Sole

Full voting authority

1.17B

% of voting shares73.6%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

418.36M

% of voting shares26.4%

Investment Discretion (by position count)

Sole36

Shared0

Other237

Dominant voting typeSole · 73.6% of voting shares

Institutional Holdings273

Rows:

NVIDIA

DFND

COM

Shares40.75M

TypeSH

Market value$7.11B

7.26%

Sole

29.14M

Shared

0.00

None

11.61M

Amazon.Com

DFND

COM

Shares28.09M

TypeSH

Market value$5.85B

5.98%

Sole

19.37M

Shared

0.00

None

8.72M

MercadoLibre

DFND

COM

Shares3.23M

TypeSH

Market value$5.59B

5.71%

Sole

2.43M

Shared

0.00

None

807.71K

Spotify Technology SA

DFND

SHS

Shares8.22M

TypeSH

Market value$3.99B

4.07%

Sole

5.87M

Shared

0.00

None

2.35M

Nu Holdings Ltd.

DFND

ORD SHS CL A

Shares246.56M

TypeSH

Market value$3.54B

3.62%

Sole

173.24M

Shared

0.00

None

73.33M

Shopify 'A'

DFND

CL A

Shares29.02M

TypeSH

Market value$3.44B

3.52%

Sole

21.61M

Shared

0.00

None

7.41M

Cloudflare Inc

DFND

CL A COM

Shares15.92M

TypeSH

Market value$3.29B

3.36%

Sole

10.29M

Shared

0.00

None

5.64M

Sea Ltd ADR

DFND

ADR

Shares39.65M

TypeSH

Market value$3.28B

3.35%

Sole

29.60M

Shared

0.00

None

10.06M

PDD Holdings Inc

DFND

AppLovin

DFND

COM CL A

Shares6.70M

TypeSH

Market value$2.67B

2.72%

Sole

3.92M

Shared

0.00

None

2.78M

Meta Platforms Inc

DFND

CL A

Shares4.10M

TypeSH

Market value$2.35B

2.40%

Sole

3.73M

Shared

0.00

None

373.12K

Coupang

SOLE

CL A

Shares120.66M

TypeSH

Market value$2.28B

2.33%

Sole

84.43M

Shared

0.00

None

36.23M

Netflix Inc

DFND

COM

Shares21.81M

TypeSH

Market value$2.10B

2.14%

Sole

16.20M

Shared

0.00

None

5.61M

Samsara

DFND

COM CL A

Shares57.52M

TypeSH

Market value$1.82B

1.86%

Sole

35.03M

Shared

0.00

None

22.49M

Microsoft

DFND

COM

Shares3.88M

TypeSH

Market value$1.44B

1.47%

Sole

3.02M

Shared

0.00

None

860.19K

Ferrari NV

DFND

COM

Shares3.88M

TypeSH

Market value$1.29B

1.32%

Sole

3.41M

Shared

0.00

None

467.56K

Roblox

DFND

CL A

Shares21.42M

TypeSH

Market value$1.21B

1.24%

Sole

13.83M

Shared

0.00

None

7.59M

Intuitive Surgical

DFND

COM NEW

Shares2.57M

TypeSH

Market value$1.18B

1.21%

Sole

1.25M

Shared

0.00

None

1.32M

Rocket Lab Corp

SOLE

COM

Shares18.43M

TypeSH

Market value$1.18B

1.21%

Sole

9.19M

Shared

0.00

None

9.24M

Doordash Inc

DFND

COM

Shares7.24M

TypeSH

Market value$1.09B

1.11%

Sole

6.53M

Shared

0.00

None

707.08K

Axon Enterprise Inc

DFND

COM

Shares2.46M

TypeSH

Market value$1.04B

1.07%

Sole

1.40M

Shared

0.00

None

1.06M

Moderna Inc

DFND

COM

Shares19.99M

TypeSH

Market value$1.02B

1.04%

Sole

19.62M

Shared

0.00

None

364.90K

Alphabet Inc Class C

DFND

CAP STK CL C

Shares3.50M

TypeSH

Market value$1.00B

1.03%

Sole

2.62M

Shared

0.00

None

884.14K

DFND

CL A

Shares7.31M

TypeSH

Market value$984.17M

1.01%

Sole

3.54M

Shared

0.00

None

3.77M

Dexcom Inc

DFND

COM

Shares15.60M

TypeSH

Market value$979.65M

1.00%

Sole

7.85M

Shared

0.00

None

7.75M

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
NVIDIADFND	COM	40.75M	SH	$7.11B 7.26%	29.14M	11.61M
Amazon.ComDFND	COM	28.09M	SH	$5.85B 5.98%	19.37M	8.72M
MercadoLibreDFND	COM	3.23M	SH	$5.59B 5.71%	2.43M	807.71K
Spotify Technology SADFND	SHS	8.22M	SH	$3.99B 4.07%	5.87M	2.35M
Nu Holdings Ltd.DFND	ORD SHS CL A	246.56M	SH	$3.54B 3.62%	173.24M	73.33M
Shopify 'A'DFND	CL A	29.02M	SH	$3.44B 3.52%	21.61M	7.41M
Cloudflare IncDFND	CL A COM	15.92M	SH	$3.29B 3.36%	10.29M	5.64M
Sea Ltd ADRDFND	ADR	39.65M	SH	$3.28B 3.35%	29.60M	10.06M
PDD Holdings IncDFND	SPONSORED ADS	28.35M	SH	$2.90B 2.96%	19.59M	8.76M
AppLovinDFND	COM CL A	6.70M	SH	$2.67B 2.72%	3.92M	2.78M
Meta Platforms IncDFND	CL A	4.10M	SH	$2.35B 2.40%	3.73M	373.12K
CoupangSOLE	CL A	120.66M	SH	$2.28B 2.33%	84.43M	36.23M
Netflix IncDFND	COM	21.81M	SH	$2.10B 2.14%	16.20M	5.61M
SamsaraDFND	COM CL A	57.52M	SH	$1.82B 1.86%	35.03M	22.49M
MicrosoftDFND	COM	3.88M	SH	$1.44B 1.47%	3.02M	860.19K
Ferrari NVDFND	COM	3.88M	SH	$1.29B 1.32%	3.41M	467.56K
RobloxDFND	CL A	21.42M	SH	$1.21B 1.24%	13.83M	7.59M
Intuitive SurgicalDFND	COM NEW	2.57M	SH	$1.18B 1.21%	1.25M	1.32M
Rocket Lab CorpSOLE	COM	18.43M	SH	$1.18B 1.21%	9.19M	9.24M
Doordash IncDFND	COM	7.24M	SH	$1.09B 1.11%	6.53M	707.08K
Axon Enterprise IncDFND	COM	2.46M	SH	$1.04B 1.07%	1.40M	1.06M
Moderna IncDFND	COM	19.99M	SH	$1.02B 1.04%	19.62M	364.90K
Alphabet Inc Class CDFND	CAP STK CL C	3.50M	SH	$1.00B 1.03%	2.62M	884.14K
RedditDFND	CL A	7.31M	SH	$984.17M 1.01%	3.54M	3.77M
Dexcom IncDFND	COM	15.60M	SH	$979.65M 1.00%	7.85M	7.75M

Page 1 of 11

…

BAILLIE GIFFORD & CO

NVIDIA

Amazon.Com

MercadoLibre

Spotify Technology SA

Nu Holdings Ltd.

Shopify 'A'

Cloudflare Inc

Sea Ltd ADR

PDD Holdings Inc

AppLovin

Meta Platforms Inc

Coupang

Netflix Inc

Samsara

Microsoft

Ferrari NV

Roblox

Intuitive Surgical

Rocket Lab Corp

Doordash Inc

Axon Enterprise Inc

Moderna Inc

Alphabet Inc Class C

Reddit

Dexcom Inc