Generalist · Public · Edinburgh, United Kingdom
Baillie Gifford & CO
Q2 2025 · compared with Q1 2025
Long-term growth public investor.
- Software
- $28.9B
- Weight of 13F
- 21.6%
- Names
- 43
- Net bought
- −$3.6B
Filed 6 August 2025 · SEC filing.
261 positions in the whole 13F.
Quarters on file
Each quarter on file, back to June 2016 when the filing exists. Net bought is the share change from the previous quarter at that quarter’s close. A split that leaves the dollar value in place counts as flat.
- Q2 202639 names$17.9B−$1.7B
- Q1 202641 names$17.9B−$2.0B
- Q4 202542 names$26.1B−$1.9B
- Q3 202541 names$30.5B−$1.2B
- Q2 202543 names$28.9B−$3.6B
- Q1 202544 names$26.6B−$515M
- Q4 202443 names$32.0B−$573M
- Q3 202443 names$27.2B+$1.4B
- Q2 202445 names$24.3B+$120M
- Q1 202445 names$25.9B−$1.4B
- Q4 202344 names$26.6B−$343M
- Q3 202345 names$22.0B−$208M
- Q2 202345 names$22.8B−$14.7M
- Q1 202367 names$19.6B+$696M
- Q4 202270 names$15.0B−$677M
- Q3 202268 names$16.4B+$1.7B
- Q2 202264 names$14.3B+$34.6B
- Q1 202264 names$22.9B−$1.1B
- Q4 202162 names$32.5B−$73.1M
- Q3 202158 names$31.9B+$63.3M
- Q2 202157 names$34.1B+$41.5B
- Q1 202152 names$26.7B+$3.6B
- Q4 202047 names$24.4B+$664M
- Q3 202023 names$20.5B+$1.3B
- Q2 202021 names$16.0B+$877M
- Q1 202017 names$8.3B+$569M
- Q4 201917 names$7.9B+$696M
- Q3 201915 names$6.3B+$371M
- Q2 201914 names$6.3B+$191M
- Q1 201912 names$5.2B+$781M
- Q4 201811 names$3.3B+$99.1M
- Q3 201811 names$3.5B+$238M
- Q2 20189 names$2.8B−$38.0M
- Q1 20189 names$2.6B+$109M
- Q4 20177 names$2.1B+$18.7M
- Q3 20177 names$2.1B+$42.5M
- Q2 20176 names$1.9B−$56.6M
- Q1 20176 names$1.8B−$6.2M
- Q4 20166 names$1.5B+$340M
- Q3 20166 names$1.4B+$69.7M
- Q2 20165 names$1.2B—
What moved the book
The five software lines with the largest share change this quarter.
Software held
- CloudflareNET25,525,131 shares · 17.3% of their software · price +$2.1B$5.0B−$214M
- ShopifySHOP37,748,072 shares · 15.1% of their software · price +$750M$4.4B−$1.7B
- MicrosoftMSFT6,029,276 shares · 10.4% of their software · price +$736M$3.0B−$373M
- AppLovinAPP6,400,229 shares · 7.8% of their software · price +$545M$2.2B+$299M
- The Trade DeskTTD30,702,638 shares · 7.6% of their software · price +$530M$2.2B−$38.9M
- SamsaraIOT43,893,738 shares · 6.0% of their software · price +$63.6M$1.7B+$330M
- AtlassianTEAM8,527,513 shares · 6.0% of their software · price −$77.8M$1.7B−$35.5M
- DatadogDDOG11,957,462 shares · 5.6% of their software · price +$420M$1.6B−$31.5M
- DuolingoDUOL2,198,891 shares · 3.1% of their software · price +$219M$902M−$86.6M
- Block, Inc.XYZ12,012,644 shares · 2.8% of their software · price +$163M$816M−$29.4M
- CoStarCSGP8,540,369 shares · 2.4% of their software · price +$10.0M$687M+$8.3M
- SnowflakeSNOW2,848,124 shares · 2.2% of their software · price +$221M$637M−$11.8M
- WixWIX2,983,935 shares · 1.6% of their software · price −$14.7M$473M−$39.7M
- Joint Stock Company Kaspi.kzKSPI5,031,214 shares · 1.5% of their software · price −$40.0M$427M−$21.2M
- Uber Technologies, Inc.UBER4,278,756 shares · 1.4% of their software · price +$87.5M$399M+$144M
- WorkdayWDAY1,606,807 shares · 1.3% of their software · price +$10.4M$386M−$938M
- PaycomPAYC1,549,695 shares · 1.2% of their software · price +$20.0M$359M−$7.6M
- SalesforceCRM1,163,119 shares · 1.1% of their software · price +$5.0M$317M−$9.3M
- Grab Holdings LimitedGRAB48,131,916 shares · 0.8% of their software · price +$24.1M$242M−$10.5M
- DoximityDOCS3,934,031 shares · 0.8% of their software · price +$13.0M$241M−$11.0M
- AutodeskADSK741,833 shares · 0.8% of their software · price +$35.4M$230M−$9.5M
- Full Truck Alliance Co. Ltd.YMM14,486,413 shares · 0.6% of their software · price −$13.9M$171M−$3.1M
- Remitly Global, Inc.RELY8,033,147 shares · 0.5% of their software · price −$16.3M$151M−$8.7M
- IntuitINTU139,505 shares · 0.4% of their software · price +$24.2M$110M+$6.0M
- monday.comMNDY299,430 shares · 0.3% of their software · price +$21.4M$94.2MFlat
- CourseraCOUR7,577,646 shares · 0.2% of their software · price +$15.9M$66.4M−$2.6M
- Paychex, Inc.PAYX318,223 shares · 0.2% of their software · price −$2.8M$46.3M+$21.4M
- JFrogFROG973,397 shares · 0.1% of their software · price +$11.6M$42.7M−$2.8M
- LiveRamp Holdings, Inc.RAMP1,037,266 shares · 0.1% of their software · price +$7.2M$34.3M−$7.2M
- DLocal LimitedDLO2,699,607 shares · 0.1% of their software · price +$8.1M$30.6M+$809K
- AppianAPPN1,006,201 shares · 0.1% of their software · price +$1.1M$30.0M−$2.0M
- AmplitudeAMPL1,978,568 shares · 0.1% of their software · price +$4.4M$24.5MFlat
- Chime Financial, Inc.CHYM678,717 shares · 0.1% of their software$23.4MNew · +$23.4M
- SchrödingerSDGR985,660 shares · 0.1% of their software$19.8MFlat
- CrowdStrikeCRWD28,040 shares · 0.0% of their software · price +$4.4M$14.3MFlat
- CadenceCDNS40,721 shares · 0.0% of their software · price +$2.2M$12.5M−$533K
- SynopsysSNPS22,038 shares · 0.0% of their software · price +$1.8M$11.3MFlat
- Sprout SocialSPT526,655 shares · 0.0% of their software · price −$569K$11.0M−$54.9M
- BlackLineBL193,739 shares · 0.0% of their software · price +$1.6M$11.0M−$3.6M
- MongoDBMDB17,871 shares · 0.0% of their software · price +$618K$3.8MFlat
- Nayax Ltd.NYAX8,235 shares · 0.0% of their software$414K−$669K
- DoceboDCBO13,359 shares · 0.0% of their software$386K−$2.5M
- VeevaVEEV42 shares · 0.0% of their software$12KFlat