Baillie Gifford's Top Q3 2026 Move: Space Exploration Technologies Corp at a -1.92% Portfolio Impact GuruFocus News Mon, November 9, 2026 at 8:01 AM EST 3 min read SPCX +2.37% NVDA -5.08% Explore stocks on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.
Baillie Gifford (Trades, Portfolio) recently submitted its 13F filing for the third quarter of 2026, offering a window into the firm's latest investment moves. Founded more than 100 years ago as an investment management partnership, Baillie Gifford (Trades, Portfolio) has long prioritized existing clients' interests, closing products to new business to preserve the integrity of its strategies and the quality of its service. The firm manages money for some of the world's largest professional investors, including international portfolios for US and Canadian clients and leading continental European pension funds and financial institutions, with a client base spanning Australia, Singapore, Hong Kong, China, Thailand, Korea, the Middle East and South Africa. Its approach rests on rigorous fundamental analysis and proprietary research, applied through a long-term, bottom-up process that typically seeks to exploit global opportunities over five years or more. Managers focus on the deceptively simple task of identifying companies that can grow faster, and more sustainably, than their peers a philosophy that has guided the firm for over a century.
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Baillie Gifford (Trades, Portfolio) added a total of 19 stocks, among them:
The most significant addition was Bending Spoons SpA (NASDAQ:BSP), with 51,710,771 shares, accounting for 1.63% of the portfolio and a total value of $1.72 billion.
The second largest addition to the portfolio was Cheniere Energy Inc (NYSE:LNG), consisting of 613,955 shares, representing approximately 0.16% of the portfolio, with a total value of $165.17 million.
The third largest addition was Loar Holdings Inc (NYSE:LOAR), with 2,270,485 shares, accounting for 0.13% of the portfolio and a total value of $139.68 million.
Baillie Gifford (Trades, Portfolio) also increased stakes in a total of 64 stocks, among them:
The most notable increase was Lam Research Corp (NASDAQ:LRCX), with an additional 3,496,694 shares, bringing the total to 3,496,752 shares. This adjustment represents a significant 6,028,782.76% increase in share count, a 1.08% impact on the current portfolio, and a total value of $1.15 billion.
The second largest increase was Alnylam Pharmaceuticals Inc (NASDAQ:ALNY), with an additional 3,052,580 shares, bringing the total to 5,492,469. This adjustment represents a significant 125.11% increase in share count, with a total value of $1.36 billion.
Baillie Gifford (Trades, Portfolio) completely exited 15 holdings in the third quarter of 2026, as detailed below:
WillScot Holdings Corp (NASDAQ:WSC): Baillie Gifford (Trades, Portfolio) sold all 4,184,552 shares, resulting in a -0.11% impact on the portfolio.
Paycom Software Inc (NYSE:PAYC): Baillie Gifford (Trades, Portfolio) liquidated all 975,398 shares, causing a -0.11% impact on the portfolio.
Baillie Gifford (Trades, Portfolio) also reduced positions in 179 stocks. The most significant changes include:
Reduced Space Exploration Technologies Corp (NASDAQ:SPCX) by 12,392,766 shares, resulting in a -24.11% decrease in shares and a -1.92% impact on the portfolio. The stock traded at an average price of $138.41 during the quarter and has returned 16.84% over the past 3 months and -% year-to-date.
Reduced PDD Holdings Inc (NASDAQ:PDD) by 14,967,960 shares, resulting in a -56.28% reduction in shares and a -1.04% impact on the portfolio. The stock traded at an average price of $84.16 during the quarter and has returned -8.61% over the past 3 months and -26.77% year-to-date.
At the third quarter of 2026, Baillie Gifford (Trades, Portfolio)'s portfolio included 278 stocks. The top holdings were 9.18% in NVIDIA Corp (NASDAQ:NVDA), 5.68% in Amazon.com Inc (NASDAQ:AMZN), 5.56% in Space Exploration Technologies Corp (NASDAQ:SPCX), 4.8% in MercadoLibre Inc (NASDAQ:MELI) and 4.21% in Cloudflare Inc (NYSE:NET).
The holdings are mainly concentrated across all 11 industries: Technology, Consumer Cyclical, Industrials, Healthcare, Communication Services, Financial Services, Basic Materials, Consumer Defensive, Energy, Real Estate and Utilities.
