Baillie Gifford's top holdings (August 2025) include MercadoLibre Inc (MELI), a leading e-commerce and fintech platform operating across Latin America.

Baillie Gifford is an investment management firm based in Edinburgh, Scotland, focused on long-term growth investments. The firm primarily invests in companies they believe have the potential for significant future expansion and innovation, often looking for businesses that are leaders or disruptors in their respective industries.

MercadoLibre Inc (MELI)

MercadoLibre operates a significant e-commerce marketplace and offers a comprehensive fintech solution, Mercado Pago, across Latin America. The company provides a robust ecosystem for online commerce, encompassing payments, shipping, advertising, and lending services. MercadoLibre has a market capitalization of $119.78 billion. The current value of Baillie Gifford's position in MercadoLibre is $8.98 billion. Analysts have set a price target of $2,700 for the company, and its discounted cash flow analysis suggests a value of $1,410 per share.
Here's an overview of Baillie Gifford's trades in MercadoLibre Inc:

NVIDIA Corp (NVDA)

NVIDIA is a global leader in designing graphics processing units (GPUs) for the gaming and professional visualization markets, as well as chipsets for artificial intelligence and data center applications. Their technology is foundational for advancements in fields like AI, high-performance computing, and autonomous vehicles. The company's market cap stands at $4.23 trillion, while the current value of Baillie Gifford's holding is $8.34 billion. A discounted cash flow analysis indicates a value of $145.3 per share for NVIDIA, with analysts targeting a price of $180.29.
Here's an overview of Baillie Gifford's trades in NVIDIA Corp:

Amazon.com Inc. (AMZN)

Amazon is widely recognized as a global leader in e-commerce, offering a vast array of products and services through its online marketplace. Beyond retail, Amazon Web Services (AWS) provides cloud computing solutions to businesses and governments worldwide, alongside its presence in digital streaming and smart home technology. This holding in Baillie Gifford's portfolio is currently worth $8.15 billion. The company has a market capitalization of $2.46 trillion. Analysts project a price target of $245.0 for Amazon, and a discounted cash flow analysis suggests a value of $29.6 per share.
Here's an overview of Baillie Gifford's trades in Amazon.com Inc.:

Shopify Inc - Ordinary Shares - Class A (SHOP)

Shopify provides a comprehensive e-commerce platform that enables businesses of all sizes to set up online stores and manage their sales across various channels. Its suite of services includes website hosting, payment processing, shipping tools, and point-of-sale systems for physical retail locations. Shopify's market capitalization is $161.43 billion, with Baillie Gifford's position currently valued at $6.83 billion. The discounted cash flow value for Shopify is $15.27 per share, and analysts have set a price target of $109.0.
Here's an overview of Baillie Gifford's trades in Shopify Inc:

Spotify Technology S.A. (SPOT)

Spotify operates as a global audio streaming subscription service, offering a vast library of music, podcasts, and other audio content to its users. The platform is available across numerous devices and provides both free, ad-supported access and premium, ad-free subscriptions. The current value of Baillie Gifford's holding in Spotify is $6.79 billion, against the company's market capitalization of $139.25 billion. Analysts have set a price target of $759.0 for Spotify, and a discounted cash flow analysis points to a value of $119.6 per share.
Here's an overview of Baillie Gifford's trades in Spotify Technology S.A.: