Baillie Gifford acquired 33.3M Amazon.com shares worth $7.52B. That's 5.50% of their entire equity portfolio (4th largest holding). The first Amazon.com trade was made in Q1 2013. Since then Baillie Gifford bought shares eleven more times and sold shares on 38 occasions. The stake costed the investor $517M, netting the investor a gain of 1357% so far.
The star fund manager whose backing of Amazon, Tesla and Alibaba has made Scottish Mortgage Investment Trust the toast of retail investors is to retire next ...